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  • #3,621
  • May 13, 2025 6:16am May 13, 2025 6:16am
Quoting heispark
{quote} {image} {image} {image} {image}
Nothing more than an experiment........
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,622
  • May 13, 2025 6:43pm May 13, 2025 6:43pm
Recovery is still on going slowly.... Due to unexpected copy trading errors, some of my accounts missed trade signals several times and therefore they are out of sync now. Unfortunately, in reality, copy trading is tricky and has some its own risks....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,623
  • May 16, 2025 6:13am May 16, 2025 6:13am
eVWMA vs. VWMA

(ChatGPT created answer)

The choice between VWMA (Volume-Weighted Moving Average) and Elastic VWMA depends on your trading goals and the market context, but here's a breakdown to help you decide:
VWMA (Volume-Weighted Moving Average)
Definition: A standard moving average where prices are weighted by volume — higher-volume bars have more influence.
Strengths:

  1. Smooths out price action while factoring in volume.
  2. Helps identify trends where volume supports the move.
  3. Useful for filtering out low-volume noise.

Limitations:

  1. Lagging indicator — reacts slower to fast market changes.
  2. Doesn’t adapt to volatility or price behavior.

Elastic VWMA
Definition: A variation of VWMA that adjusts its responsiveness based on volatility or market dynamics, making it more adaptive.
Strengths:

  1. More responsive during volatile conditions.
  2. Adapts to changing market structure more quickly.
  3. Can offer earlier signals compared to standard VWMA.

Limitations:

  1. May produce more false signals in choppy markets due to its sensitivity.
  2. Slightly more complex to interpret or calibrate.

Which One Is Better?
Use CaseBetter Choice
Stable trending marketVWMA
Volatile or breakout-prone marketElastic VWMA
You want smoother signalsVWMA
You want faster reactionsElastic VWMA
You're using algorithmic tradingElastic VWMA
You're a discretionary traderVWMA (easier to read)
Conclusion:

  1. Elastic VWMA is generally better for short-term or dynamic trading strategies where fast reaction to price and volume changes is crucial.
  2. VWMA is safer and easier to use for most retail traders, especially in more predictable market conditions.

If you’re a day trader (which I recall you are), the Elastic VWMA might offer an edge in terms of adaptability and early signal generation — especially during news events or breakouts. But it’s always a good idea to backtest both in your specific market. Want help doing that?

Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,624
  • May 16, 2025 6:15am May 16, 2025 6:15am
Quoting heispark
eVWMA vs. VWMA (ChatGPT created answer) The choice between VWMA (Volume-Weighted Moving Average) and Elastic VWMA depends on your trading goals and the market context, but here's a breakdown to help you decide: VWMA (Volume-Weighted Moving Average) Definition: A standard moving average where prices are weighted by volume — higher-volume bars have more influence. Strengths: Smooths out price action while factoring in volume. Helps identify trends where volume supports the move. Useful for filtering out low-volume noise. Limitations:...
Elastic Volume Weighted Moving Average is quite interesting......
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https://forex-station.com/post129543...ml#p1295430555
Attached File(s)
File Type: ex4 evwma (filtered + arrows + alerts + bands).ex4   47 KB | 178 downloads
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,625
  • May 16, 2025 8:15am May 16, 2025 8:15am
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I have purchased Tradingview monthly plan for my birthday gift... the cheapest one...
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,626
  • May 20, 2025 9:35am May 20, 2025 9:35am
Quoting heispark
{quote} Quantower found the reason quickly.... Not sure why they made such an stupid and unnecessary option..... {image} {image}
Quantower's copy trading feature is getting me mad... It's buggy and time to time it's opening the opposite position when my SL gets hit. They say they are updating the feature. I just want to focus on my trading instead of technical stuff as trading itself is already stressful enough to me!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,627
  • May 22, 2025 7:24am May 22, 2025 7:24am
Quoting heispark
{quote} Quantower's copy trading feature is getting me mad... It's buggy and time to time it's opening the opposite position when my SL gets hit. They say they are updating the feature. I just want to focus on my trading instead of technical stuff as trading itself is already stressful enough to me!
My problem is I have multiple and simultaneous Rithmic connections of my Advantage Futures account. One for charting on Motivewave on Mac, the other one for trade execution on Quantower on PC. The workaround I found is to disconnecting Motivewave before my SL or TP hits. It works. Just a small tip.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,628
  • Edited May 23, 2025 5:46am May 22, 2025 6:57pm | Edited May 23, 2025 5:46am
Quoting heispark
{quote} Elastic Volume Weighted Moving Average is quite interesting...... {image} https://forex-station.com/post129543...ml#p1295430555 {file}
MT5 version is here:
https://forex-station.com/post129556...ml#p1295566008
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File Type: ex5 evwma (filtered + arrows + alerts + bands).ex5   35 KB | 174 downloads


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If filter is not applied, it's same as Tradingview version.
I am a huge fan of moving averages (actually, MA is the only indicator worth trying) and this one is pretty good I think.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,629
  • May 24, 2025 4:38am May 24, 2025 4:38am
More than a whole month, I haven't made any progress virtually. I think I am in a slump. Market wasn't that much choppy and it has given enough opportunities but always my entry timing was bad. I unsubscribed Apex 3 accounts due to not much progress, and soon I think I will unsubscribe Topstep as well. I will run it small for the time being. I can resubscribe them any time when I feel ready. I expect/hope it will be much better from next month.

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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,630
  • May 31, 2025 8:38am May 31, 2025 8:38am
Still grinding............

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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,631
  • Jun 2, 2025 9:52am Jun 2, 2025 9:52am
It looks now even Apex is seriously considering moving profitable traders to live accounts. Perhaps $2M payout to a single trader a month ago was the last straw to them. Anyway, prop firms allow you to have only one live account, then you better off trading your own live fund. The best days of prop firms could be already behind us.....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,632
  • Jun 4, 2025 3:46am Jun 4, 2025 3:46am
TBM the idot excuses slippage to his losing trade yesterday. The truth is his strategy doesn't have any edge. He blew up 20 50K accounts and now purchased 20 300K accounts when Apex sold 300K account at the same price as 50K. He trades 3 contracts now because trailing SL of 300K account is 3 times bigger than 50K's. I don't like him because he is not honest. Patrick is half mad but at least he is not dishonest like TBM.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,633
  • Jun 6, 2025 5:36pm Jun 6, 2025 5:36pm
The followings came from Nutty Bar Trading. Basically their tactics are similar: buy tons of accounts and blow them up until you get payouts. That's not my style obviously. I don't like this game.

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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,634
  • Jun 6, 2025 5:42pm Jun 6, 2025 5:42pm
Quoting heispark
{quote} Unfortunately, she's not doing well recently either. She lost 3 times in a row today. She lost 2 times in a row the day before yesterday. I think she's barely profitable on January. Being consistently profitable in day trading is really really difficult..... https://www.youtube.com/live/zdiXm9A...P8SDBrAkXI1WP7
She's still lost and no longer making money from the trading. Day trading is such difficult......

https://www.youtube.com/live/iM7W8jG2F7U?si=67k6P3R7ULUgMG5V
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,635
  • Jun 7, 2025 10:43am Jun 7, 2025 10:43am
Quoting heispark
Still grinding............ {image}
I am stuck in a mud ground and getting tired..... Spending all the huge time and effort and still no progress.... As I promised to myself, I will do this shit until the end of this year. If I still won't make it, I will gladly go back to spread trading and forget about day trading until I die. I cannot do this dunning krugering forever. Modern day market manipulation is something average people cannot crack.
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Dunning Krugering:
https://www.forexfactory.com/thread/...1#post12608271
https://www.forexfactory.com/thread/...0#post12584100
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,636
  • Jun 7, 2025 11:16am Jun 7, 2025 11:16am
Quoting heispark
{quote} She's still lost and no longer making money from the trading. Day trading is such difficult...... https://www.youtube.com/live/iM7W8jG2F7U?si=67k6P3R7ULUgMG5V
Daytrading is very difficult, exactly because of difficult times like right now.

It's been 3 weeks of trading... and I took only around 3-4 Trades... why? Because the Market is just that rangey right now.

It takes a lot of patience and experience to trade that little. Mind you I am trading the 1minute chart.

Now add that she is doing it live... People want action... People want to see Trades.

Adding the pressure to it.. its not a surprise that this Market "kills" her.
  • #3,637
  • Jun 8, 2025 11:15am Jun 8, 2025 11:15am
Smoothed CCI

I use CCI and I think I will like this better than normal one.... This is MT5 version. You may find MT4 version as well. Do your research.
Made by Mladen.

https://www.mql5.com/en/code/25907

Original CCI (Commodity Channel Index) is calculated using what is known as mean absolute deviation. This version is using standard deviation instead. Also, in order to make it less "nervous" (which is probably one of the greatest reasons why CCI is not more popular than it is now), pre-smoothing using double smoothed Wilders EMA added and signals are generated on zero crosses

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File Type: mq5 CCI (double smoothed Wilders EMA)(zl).mq5   11 KB | 194 downloads
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,638
  • Jun 8, 2025 11:19am Jun 8, 2025 11:19am
A quiet Sunday night with beautiful music......
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,639
  • Jun 8, 2025 11:39am Jun 8, 2025 11:39am
I have replaced Quantower with MT5 for detailed charting. QT is somewhat disappointing with limited features and customization. I still use QT for copy trading but it's also quite buggy. MT5 with CQG feed is much better and it's even free!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,640
  • Edited 7:04pm Jun 10, 2025 1:05pm | Edited 7:04pm
I also agree Patrick Wieland is a great trader but you should know he is a super extreme scalper. Look at his average trading time and the amount he spent for the commission below. Unless you have a scalper's mindset and psychology, you won't be able to follow him.

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Simplicity is the ultimate sophistication - Leonardo da Vinci
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