Lost in the Tunnel... | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

One hour tunnel method 2 replies

Tunnel Vision. Independent Signals & Positioning Recommendations. 189 replies

4 hour tunnel confusion 8 replies

I am confused about all the different Tunnel methods out there...Clarificatio n please 3 replies

Questions re: MT4 and VWB 1 Hr Tunnel 0 replies

Attachments: Lost in the Tunnel...
Exit Attachments

Lost in the Tunnel...

  • #41
  • Edited 1:32pm Nov 17, 2005 8:17am | Edited 1:32pm
Thanks Iso, i'm at the Grind now~
I'll have a look and get back with you when I get home!

HJ
HeavyJ -"Posterboy for Spellchecker!" "Will work for pips!"
  • #42
  • Nov 17, 2005 8:24am Nov 17, 2005 8:24am
Quoting Isotonic
I think you might of got it wrong here. You're trying to promote the 4h indicators to weekly levels right? I think you might be meaning 8 instead of 5 for the fast ma? Then put them side by side on the weekly?
Actually I may not have made myself clear here. I am looking for an oscilalator to bring the Weekly chart data up on the 4hr Chart. As you back test the 4hr chart you have to keep checking the weekly cross to see if signals are valid.

It was my hope that an aproximation of this dynamic might be accomplished in real time.....way i'm doin it now!......Loooooong time!

see ya.
HJ
HeavyJ -"Posterboy for Spellchecker!" "Will work for pips!"
  • #43
  • Edited 1:54pm Nov 17, 2005 8:36am | Edited 1:54pm
Hey there Iso! I'm an MT4 newbie, so bear with my "ignernce". I can see that tunned.zip contains an indicator, but what is tunnel.zip for and how do I install it and use it?

Thanks Iso!

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #44
  • Nov 17, 2005 9:08am Nov 17, 2005 9:08am
Quoting HeavyJ
Actually I may not have made myself clear here. I am looking for an oscilalator to bring the Weekly chart data up on the 4hr Chart. As you back test the 4hr chart you have to keep checking the weekly cross to see if signals are valid.

It was my hope that an aproximation of this dynamic might be accomplished in real time.....way i'm doin it now!......Loooooong time!

see ya.
HJ
just adjust the time parameter on the paticular instrument of interest to fit the target output timeframe.

for example... 100sma on 1hr charts, and you want the same values on 30 min chart.. just make it 200 sma and the value of the instrument remain the same.. then u can aviod having to flip back to weekly all the time

rgds..
  • #45
  • Nov 17, 2005 9:30am Nov 17, 2005 9:30am
Hi all!

Methinks the GBPUSD bears watching. Check out the chart I've attached. It will be interesting to see how this plays out. Please don't enter early. Wait for the actual signal.

Take care

Dial
Attached Image
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #46
  • Edited 10:11am Nov 17, 2005 10:06am | Edited 10:11am
Even though the 4 hour chart is giving indications of a signal to the upside, I've got to warn you that the change of trend to up being indicated on the weekly may be a false indication. See the chart below.

This is NOT a mechanical system. The best "indicator" is between your ears, not on the chart!

Dial
Attached Image
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #47
  • Nov 17, 2005 11:39am Nov 17, 2005 11:39am
Quoting diallist
Even though the 4 hour chart is giving indications of a signal to the upside, I've got to warn you that the change of trend to up being indicated on the weekly may be a false indication. See the chart below.

This is NOT a mechanical system. The best "indicator" is between your ears, not on the chart!

Dial
Thanx Dial- Point well taken. The Vegas doc speaks of the Weekly Momentum indicator as "lagging" by one week. I have been wondering about the value of logging the dif of current weekly bar at each 4hr period.

Seems to me that this would have more value at times like now when the week is running out.

Anywho, another challenge I have to face is the trade opportunities that I miss while I'm at work.....fixin the toilet's as I said! I track this stuff all night and it breaks out while I'm clocking in at the grind!

Your eight bar count tip has helped me considerably Iv'e been waking through the night at the 4 hourlies to check them. Now I can set my alerts to do this with price action. Thanx again

HJ
HeavyJ -"Posterboy for Spellchecker!" "Will work for pips!"
  • #48
  • Nov 17, 2005 12:21pm Nov 17, 2005 12:21pm
Quote
Thanx Dial- Point well taken. The Vegas doc speaks of the Weekly Momentum indicator as "lagging" by one week. I have been wondering about the value of logging the dif of current weekly bar at each 4hr period
Seems to me that this would have more value at times like now when the week is running out..
My turn to be the bonehead. I don't understand what you mean. Could you expand on this idea a bit?

Quote
Anywho, another challenge I have to face is the trade opportunities that I miss while I'm at work.....fixin the toilet's as I said! I track this stuff all night and it breaks out while I'm clocking in at the grind!
Man, do I ever know what you mean. It's hard to use forex to escape the grind, when the grind is keeping you from forex. Jim mentioned he's trading this system on the daily charts. Although I haven't tried it yet, you might want to use the daily and monthly charts in place of the 4 hour and weekly ones. That way you only have to check your "eight count" once a day. You'll need bigger stops obviously, but you should also get proportionally larger wins as well.

Quote
Your eight bar count tip has helped me considerably Iv'e been waking through the night at the 4 hourlies to check them. Now I can set my alerts to do this with price action. Thanx again
You're welcome!

Charles
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #49
  • Nov 17, 2005 12:44pm Nov 17, 2005 12:44pm
FYI, I've corrected the chart in post #26.

It was off by one bar. Neutral point crossover has to occur during the current bar. I had drawn it on the next bar which was not correct. Sorry for any confusion.

I also colored the bars to the right of the current bar gray since they are in the future relative to the current bar. This was a good trade. Too bad I missed it.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #50
  • Nov 17, 2005 1:51pm Nov 17, 2005 1:51pm
Sorry for the misunderstanding. I've removed my errors from my post (#42) and your post quoting my mistakes so that latecomers dont make the same mistakes.

On MT the week runs from Sun 2200 GMT to Fri 2100 GMT - 119 hours or nearly 30 bars on the 4hr. So if you use the indicator attached use 30 as the multiplier, or 29.75 and round up or down the result.

e.g to bring in weekly values of 21long & 5 short then you would get 630 & 150 respectively using 30 multiplier.

I've actually done this using the standard MA's and for intraday values then you get matches like dvst1 suggested but if you try matching up daily or weeky with intraday timeframes you get discrepancies so the realtime idea might not work.

Somebody might need to check my findings and confirm this though.

Quoting HeavyJ
Actually I may not have made myself clear here. I am looking for an oscilalator to bring the Weekly chart data up on the 4hr Chart. As you back test the 4hr chart you have to keep checking the weekly cross to see if signals are valid.

It was my hope that an aproximation of this dynamic might be accomplished in real time.....way i'm doin it now!......Loooooong time!

see ya.
HJ
  • #51
  • Nov 17, 2005 1:56pm Nov 17, 2005 1:56pm
Sorry for these edits - I dont want others to fall into my trap!

Ignore the tunnel.zip. Thats just a profile showing the indicator in action. But since I misread HJ's intentions its of no use.

The indicator should still serve its purpose as a MACD function but see my last post on caveats.

Quoting diallist
Hey there Iso! I'm an MT4 newbie, so bear with my "ignernce". I can see that tunned.zip contains an indicator, but what is tunnel.zip for and how do I install it and use it?

Thanks Iso!

Dial
  • #52
  • Nov 17, 2005 2:01pm Nov 17, 2005 2:01pm
Nice diagram, thanks Dial!

I will look to program in this filter at some point...must be a chore doing this manually all the time.

Quoting diallist
Hi all!

Methinks the GBPUSD bears watching. Check out the chart I've attached. It will be interesting to see how this plays out. Please don't enter early. Wait for the actual signal.

Take care

Dial
  • #53
  • Nov 17, 2005 5:48pm Nov 17, 2005 5:48pm
Thanks for your insights on this system, Dial! Is it correct to assume that the Tunnel/Knife method works on all currency pairs and maybe even other markets (futures, equities,...) as well?

Looking forward to the pf more than ever! Finding out about the Knife method alone is worth the price of admission IMHO.
  • #54
  • Nov 17, 2005 7:25pm Nov 17, 2005 7:25pm
Quoting bluemeasure
Thanks for your insights on this system, Dial! Is it correct to assume that the Tunnel/Knife method works on all currency pairs and maybe even other markets (futures, equities,...) as well?

Looking forward to the pf more than ever! Finding out about the Knife method alone is worth the price of admission IMHO.
Well, this is just my opinion, but when it comes to the markets, I never assume anything. Always test with demo trading first. I suspect this system will work well in a variety of markets but may require some modifications. Give it a try and let me know what you find out! It should work with any currency pair that has sufficient volatility to hit the fib levels fairly frequently.

Thanks for asking Blue

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #55
  • Nov 17, 2005 8:39pm Nov 17, 2005 8:39pm
If I'm understanding this all correctly, it seems like a really great system. I read through this whole thread, and didn't see who exactly devised it. Do they have a website?

I apologize if this was addressed and I missed it. Thanks!
  • #56
  • Nov 17, 2005 9:16pm Nov 17, 2005 9:16pm
Quoting Wiganix
If I'm understanding this all correctly, it seems like a really great system. I read through this whole thread, and didn't see who exactly devised it. Do they have a website?

I apologize if this was addressed and I missed it. Thanks!
Mr Wigs.

Hello,

If you haven't done this allready go to the first post in this thread and read the entire document attached at the bottom. This is the model document for the original system. Team Vegas is the name of the developers group. I am not sure if they have a web site but the Model document is complete and a great place to start.

I am still in study mode but am progressing rapidly because we have absolute experts on this system who have been monitoring this thread. (Diallist, James 16)

I believe Isotonic has taken an interest as well so we hopefully will get some more goodies from him.

Umm errr... I don't fall in the category of those heavy weights but after studying this system for weeks thier inputs have propelled my understanding exponentially over 2 days!

It was my hope in starting this thread to have a fruitful discussion of this great system and so far it has exceeded my expectations. by far!

welcome aboard
HJ
HeavyJ -"Posterboy for Spellchecker!" "Will work for pips!"
  • #57
  • Nov 17, 2005 9:21pm Nov 17, 2005 9:21pm
Quoting HeavyJ
It was my hope in starting this thread to have a fruitful discussion of this great system and so far it has exceeded my expectations. by far!
I'm glad you started this thread HeavyJ. And just to say thanks, here's some more fruit! :
Attached Image
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #58
  • Nov 17, 2005 9:36pm Nov 17, 2005 9:36pm
Iso Thanx again for the help! sorry it took so long to get back with you but I was sneakin peaks at this thread at work today and I had a bunch of chart/study stuff to handle when I got home.

Quoting Isotonic
Sorry for the misunderstanding. I've removed my errors from my post (#42) and your post quoting my mistakes so that latecomers dont make the same mistakes.
I should apologize to you. I gave you the wrong set of indicators and you did exactly what was infferred. I get the bonehead biscuit on that one!

Quoting Isotonic
On MT the week runs from Sun 2200 GMT to Fri 2100 GMT - 119 hours or nearly 30 bars on the 4hr. So if you use the indicator attached use 30 as the multiplier, or 29.75 and round up or down the result.

e.g to bring in weekly values of 21long & 5 short then you would get 630 & 150 respectively using 30 multiplier.
Thanx for the MT week correction I ran the 630 over 150 ema medians on the MACD and cancelled the signal line. Looks good I'm gonna leave it on my 4hr template to "play with". If only I could make the 150 sma----I could be truly happy. Some time I know....I have to get into the programming aspect of this system.

Thanx Again Iso
HJ
HeavyJ -"Posterboy for Spellchecker!" "Will work for pips!"
  • #59
  • Nov 17, 2005 9:43pm Nov 17, 2005 9:43pm
Quoting diallist
I'm glad you started this thread HeavyJ. And just to say thanks, here's some more fruit! :
Yes Master! Thanx to you I'm on it!

How bout that Swissie? Shaping up? Maybe?

HJ
Attached Image
HeavyJ -"Posterboy for Spellchecker!" "Will work for pips!"
  • #60
  • Nov 17, 2005 9:49pm Nov 17, 2005 9:49pm
I've increased the neutral filter from 20 to 30 pips to get the entry stop below the trendline I just noticed. It wouldn't do to have the order trigger at 20 just to bounce off the trendline and start losing.
Attached Image
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
2 traders viewing now