Trading Focal Points -- "A Leap Of Faith"... | Page 23 | Forex Factory

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Trading Focal Points -- "A Leap Of Faith"...

  • #441
  • Apr 13, 2022 10:29pm Apr 13, 2022 10:29pm
Closed all positions before London session bring some surprises.
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Love for all; Hatred for none.
  • #442
  • Apr 14, 2022 9:35am Apr 14, 2022 9:35am
I caught nice movement when MA showed me overbought situation right at verified resistance.
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Love for all; Hatred for none.
  • #443
  • Apr 14, 2022 1:43pm Apr 14, 2022 1:43pm
Last trade was from M5 and now this trade is on M1.
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Love for all; Hatred for none.
  • #444
  • Apr 17, 2022 10:43am Apr 17, 2022 10:43am
Hi R4M do you still feel that Guppy provides better results. I am applying Guppy and traditional moving averages with offsets to Indian markets. Will post some charts shortly. But would love to hear from you. I was also reading a book by trading fives that elaborates on the concepts discussed here. However they recommend finding the true cycle for each stock or instrument and then applying an MA based on this cycle.
  • #445
  • Apr 17, 2022 9:40pm Apr 17, 2022 9:40pm
Quoting aptx
Hi R4M do you still feel that Guppy provides better results. I am applying Guppy and traditional moving averages with offsets to Indian markets. Will post some charts shortly. But would love to hear from you. I was also reading a book by trading fives that elaborates on the concepts discussed here. However they recommend finding the true cycle for each stock or instrument and then applying an MA based on this cycle.
I'm in uncharted waters here -- @parisboy and others are better suited to answer questions. As an indicator I thought Guppy was interesting -- it used multiple moving averages like Focal Points, but didn't need the backshifting (which I would consider a disadvantage, at least for the way I like to trade). As for trading performance, I couldn't say because I'm currently back to trading algorithmically.
  • #446
  • Apr 18, 2022 8:28am Apr 18, 2022 8:28am
Attaching nifty 50 1 minute chart with 2 clear crossings
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  • #447
  • Apr 19, 2022 6:15am Apr 19, 2022 6:15am
Quoting aptx
Hi R4M do you still feel that Guppy provides better results. I am applying Guppy and traditional moving averages with offsets to Indian markets. Will post some charts shortly. But would love to hear from you. I was also reading a book by trading fives that elaborates on the concepts discussed here. However they recommend finding the true cycle for each stock or instrument and then applying an MA based on this cycle.
https://www.investopedia.com/terms/g...ng-average.asp

I do not play anymore the game " My Moving Average parameters are better than yours"

Mpreover it seems obvious but it is not , what do you mean by "better results" ?
  • #448
  • Apr 19, 2022 8:52am Apr 19, 2022 8:52am
Wow parisboy the big daddy of cycles is here . Love your posts and your efforts in educating us whether it’s cycles, envelopes whatever. I try to read and understand your posts though I don’t succeed every time :-)

Anyway coming to your point what I meant was that there is no calculation nor shifting required in Guppy vis a vis normal moving averages. I shouldn’t say better results but the interpretation and implementation with Guppy seems more straightforward.

Regards
  • #449
  • Apr 19, 2022 9:08am Apr 19, 2022 9:08am
One of the many opportunities on Nifty today. The circle shows the crossing and the measuring tool shows the near equal move given by market.
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  • #450
  • Apr 19, 2022 10:03am Apr 19, 2022 10:03am
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  • #451
  • Apr 19, 2022 10:07am Apr 19, 2022 10:07am
Sinewave
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  • #452
  • Apr 19, 2022 10:14am Apr 19, 2022 10:14am
Quoting parisboy
Sinewave {image}
wow that’s nifty. I tried hard but couldn’t find centered moving averages on tradingview. I always wanted to build envelopes like you
  • #453
  • Apr 19, 2022 10:29am Apr 19, 2022 10:29am
Quoting aptx
{quote} wow that’s nifty. I tried hard but couldn’t find centered moving averages on tradingview. I always wanted to build envelopes like you

offset = minus 1/2 period (length)
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  • #454
  • Apr 19, 2022 10:56am Apr 19, 2022 10:56am
Quoting parisboy
{quote} offset = minus 1/2 period (length) {image}
thanks parisboy but these are not centered moving averages ? These are simple averages. Also how do you get them to project forward ?
  • #455
  • Apr 19, 2022 11:05am Apr 19, 2022 11:05am
Also in the offset do I need to write the minus sign ? Thanks again
  • #456
  • Apr 19, 2022 11:18am Apr 19, 2022 11:18am
Quoting aptx
Also in the offset do I need to write the minus sign ? Thanks again

yes
  • #457
  • Edited 1:02pm Apr 19, 2022 11:20am | Edited 1:02pm
Quoting aptx
{quote} thanks parisboy but these are not centered moving averages ? These are simple averages. Also how do you get them to project forward ?

projected forward is a Future Line of Demarcation offsett +
  • #458
  • Apr 19, 2022 11:34am Apr 19, 2022 11:34am
Quoting parisboy
{quote} projected forward is a Future Line of Demarcation offsett +
so this is drawn manually as an extension / projection ? Also these are just SMAs right and not centered averages ?
thanks
  • #459
  • Apr 19, 2022 11:44am Apr 19, 2022 11:44am
Quoting aptx
{quote} so this is drawn manually as an extension / projection ? Also these are just SMAs right and not centered averages ? thanks
In MT4 and MT5 these are called SMA (Simple Moving Average). Regarding the extension, algorithmically it is drawn by continuing the slope where the SMA line left off. On my indicators and @parisboy's charts, the portion of the SMA that represents the extension has dots.
  • #460
  • Apr 19, 2022 11:52am Apr 19, 2022 11:52am
Quoting robots4me
{quote} In MT4 and MT5 these are called SMA (Simple Moving Average). Regarding the extension, algorithmically it is drawn by continuing the slope where the SMA line left off. On my indicators and @parisboy's charts, the portion of the SMA that represents the extension has dots.
Thanks I was just wondering how parisboy pulled it off in tradingview. I use your scripts/ indicators in mt4 - just trying to understand all the complexities :-)
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