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MT4 vs VT.. conspiracy??

  • #41
  • Oct 13, 2006 1:06pm Oct 13, 2006 1:06pm
I trade 1H on all the charts, MT4 and VT.



Quoting TheWicker
Did you also trade the 1h chart on mt4?
google:
  • #42
  • Oct 13, 2006 1:07pm Oct 13, 2006 1:07pm
Well, the account is free, and so you've got nothing to lose. I also have the indicator here:

http://www.forexfactory.com/forexfor...12&postcount=1

So you can give it a shot.. I'd love for someone to reproduce the same situation as me.

hehee..

If you can be profitable on MT4 and not on VT, that might be a trip too!



Quoting sirwolf
TwoBlink. I have been tradign in Demo on MT. Based on what you have learned thus far, do you recommend I switch to VT? I am not familiar with VT. Or is it too early to draw a conclusion. I wish Mouteki would drop by and offer his input. We miss you Mouteki!


Thanks 2
google:
  • #43
  • Oct 13, 2006 1:11pm Oct 13, 2006 1:11pm
Thanks Two Blink! Som youa re tradign the 1HR. I usually trade the 4HR. I will see if there is a difference on the 4HR and let you know. Thanks agaiN!
Believe and Achieve!
  • #44
  • Oct 13, 2006 3:06pm Oct 13, 2006 3:06pm
Quoting twoblink
I trade 1H on all the charts, MT4 and VT.
Twoblink,

how did u choose your points for the trendline on the 1HR charts in VT? the exact same way as mouteki rules for 4H charts (i.e. look at 2 candles on the left and right blah blah)? cuz i think i read a post somewhere that if u use a 1HR chart using mouteki....look at 8 candles on the left and 8 on the right to choose a valid point for trendline...
  • #45
  • Oct 13, 2006 10:27pm Oct 13, 2006 10:27pm
I trade the 1H like I trade the 4H. -2,-1,0,1,2
as a 5 bar pattern set where 0 is the highest high or lowest low relative to the two on the left and right.

As scared as I am to answer the question because I know someone is going to ask me to explain it..

I trade a heavily modified mouteki setup. I look heavily at "mouteki parabolic breaks" which have a very very high probability.

So far by hand, I'm profitable 100% on VT.

What are Mouteki Parabolics? I use the Mouteki relative highs and lows, and combine them with Larry William style 1,2,3's of reversal, including quality testing.

On what we call: Do Mi Re's, I wait for a pullback test in the middle. On Re Mi Do's, I don't.

(Do Re Mi as in the music Do Re Mi.. as in Do a deer a female deer..)

If all this sounds greek to you, then you are trading the wrong instrument, Options should sound greek, not Forex! (OK, financial instrument humor there).

I've noticed that Larry Williams talks about what I now refer to as the "accordion" effect of the market. Why mouteki gets thrashed around is either a failed TP, or the accordion effect upon the entry point..

The accordion effect as I define it:

The market scrunches and consolidated while it compresses; then it breaks out, then it scrunches, then it breaks out. Larry Williams has a half a chapter devoted to this.

Too much to type, and way too much to explain..
google:
  • #46
  • Oct 14, 2006 11:39am Oct 14, 2006 11:39am
Do you set the charts at Bid or Ask when drawing trend lines....sometimes it make a difference....(like turning the color of the candle)

Thanks
Dorothy
  • #47
  • Oct 14, 2006 9:32pm Oct 14, 2006 9:32pm
Quoting Dorothy
Do you set the charts at Bid or Ask when drawing trend lines....sometimes it make a difference....(like turning the color of the candle)

Thanks
Dorothy
Hi Dorothy,

Statistical theory says, it doesn't matter. In the long run, the number of trades you miss because you used bid instead of ask, will be the same as the number of trades you get because you used bid instead of ask.

The key is CONSISTENCY. Once you pick one, you stick to it.
google:
  • #48
  • Oct 14, 2006 10:17pm Oct 14, 2006 10:17pm
Mr. 2blink:
I'm having trouble inserting the Mouteki download you provided into the VT platform. Any help would appreciated?
Trade what you see - Not what you think
  • #49
  • Oct 14, 2006 11:13pm Oct 14, 2006 11:13pm
I'm not in front of my windows computer right now, but it should be Tools -> System Builder -> Import.

That's it.
google:
  • #50
  • Oct 15, 2006 12:50am Oct 15, 2006 12:50am
Thanks twoblink



Quoting twoblink
Hi Dorothy,

Statistical theory says, it doesn't matter. In the long run, the number of trades you miss because you used bid instead of ask, will be the same as the number of trades you get because you used bid instead of ask.

The key is CONSISTENCY. Once you pick one, you stick to it.
  • #51
  • Oct 15, 2006 1:33am Oct 15, 2006 1:33am
Hi TwoBlink,

For the trades you posted in VT, they seem to be winner too if you take them in MT4.

Could you post charts from VT and MT4 for the same period? So we can see if the losing setup in MT4 will appear in VT and what's the reason you didn't take them in VT?

aha
Target: Trading naked.
  • #52
  • Oct 15, 2006 5:44am Oct 15, 2006 5:44am
they would be winners on MT4 as well..

but, how can it be, that I turn on my computer, take signals, and trade them, and the VT's are all profitable, and the MT4's are not?

That's the question.

When I handdraw on VT, I compare them to MT4, and they are the same.
google:
  • #53
  • Oct 15, 2006 8:38am Oct 15, 2006 8:38am
Maybe the VT charts ARE prettier indeed.



Quoting twoblink
they would be winners on MT4 as well..

but, how can it be, that I turn on my computer, take signals, and trade them, and the VT's are all profitable, and the MT4's are not?

That's the question.

When I handdraw on VT, I compare them to MT4, and they are the same.
Target: Trading naked.
  • #54
  • Oct 15, 2006 11:18am Oct 15, 2006 11:18am
Here is a current comparison for MT4 and the VT w/Mouteki
Attached Images
Trade what you see - Not what you think
  • #55
  • Oct 15, 2006 12:14pm Oct 15, 2006 12:14pm
Two Blink

Let me make sure I understand. You say that the lines are being drawn the same on MT as they are on VT? So, what if someone was to use MT to identify the trades but actually makes the trades on the VT account? I am assuming the results would be better than both identifying and making actual trades on MT account. Is this assumption correct? Or is the difference in actually identifying the trades not what happens after the trade has been made.

Hope this made sense,,,,
Believe and Achieve!
  • #56
  • Oct 15, 2006 12:36pm Oct 15, 2006 12:36pm
Quoting sirwolf
Two Blink

Let me make sure I understand. You say that the lines are being drawn the same on MT as they are on VT? So, what if someone was to use MT to identify the trades but actually makes the trades on the VT account? I am assuming the results would be better than both identifying and making actual trades on MT account. Is this assumption correct? Or is the difference in actually identifying the trades not what happens after the trade has been made.

Hope this made sense,,,,
Makes perfect sense, but I have no answer..

I just know, either my brain, my mouse click, or SOMETHING makes MT4 bad and VT good..

I think it's the fact that because I don't have obvious "circles" in VT, I have a cleaner decision making process..

But, if I'm doing straight up mouteki, the decision should be the same each time right??

and that is where the conspiracy lies...
google:
  • #57
  • Last Post: Dec 30, 2007 5:48pm Dec 30, 2007 5:48pm
did you evewr find a viable reason for the difference?

Or do we have to call the MIB and get them to check that the little 8 armed suckers inside MT4 haven't been slugging too much andorian wine?

I might have will smiths' number here somewhere.....
Nihil inimicus quam sibi ipse Marcus Tullius Cicero
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