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'Vegas Wealth Builder Part II'

  • #481
  • Feb 21, 2006 1:15am Feb 21, 2006 1:15am
Quoting HeavyJ
I thought it deserves repeating!
... Five marbles in a bag; 4 white and 1 red. You pick a marble. If you pick white you win $200, and if you pick red you lose $100 ...
Good Journey!
HeavyJ
Thanks for your feedback Heavy!
Unfortunately my bag of marbles contains 10 red and 10 white. At this point in time (ie considering my limited fx experience) I need help in identifying valid reversals. I am trying to "wrap" the criteria specified by Vegas into an mt4 indicator so I can also help other forum members... If thats ok with you !
Cheers
rjb1024
  • #482
  • Feb 21, 2006 4:44am Feb 21, 2006 4:44am
I have fixed the time on Excel.

It should now be reporting the correct times for trading, and it should be reporting the right days for not trading.

Regards,
Attached File(s)
File Type: zip zip ii.ZIP   54 KB | 380 downloads
  • #483
  • Feb 21, 2006 5:54am Feb 21, 2006 5:54am
Quoting rjb1024
Thanks for your feedback Heavy!
Unfortunately my bag of marbles contains 10 red and 10 white. At this point in time (ie considering my limited fx experience) I need help in identifying valid reversals. I am trying to "wrap" the criteria specified by Vegas into an mt4 indicator so I can also help other forum members... If thats ok with you !
Cheers
rjb1024
As I said. That's fine if you want to be this guy......

Quote
Here's my point: if I played this game with you [and I'm certain you would if I agreed] would you then start dreaming up other "conditions" that would have to be present in order to play the game, e.g. we must play at your house or only in daytime between 9 - 5 pm.?

vegas

I am sure that Vegas doesn't care either. I just suggest that you move these back and forth discusions of the latest tweak to the wizbang off these pages.

Quote
"I have optimized the pythagorian algorythm!"

"Please find the the latest (VWB oscilator/enhanced Version 166. Rev 107.exe) attached below."

"Carl, I love your work, but I believe that line 710 of subroutine BS88 could be optimized with a disgrontificator!"

..and so on and so forth!
Your bag is 50/50. Mine is much worse. We have a true experienced trader teaching his methods here, who understands that by the time your gizmo gathers what it needs the move will have been made. Or market dynamics will change.

If you can wrap the mind of this genius into a box. Fine. I encourage you. I only ask you to please Start a "Vegas Tech Thread" for this banter.

Some of us are actually listening to Vegas here and trying to learn. That requires listening to the music of price and over 30 years of experience.

This constant jibber-jabber back and forth is only noise!

Of course, I know that this won't matter to you.

That's it.

I'm done.

Best of Luck in your efforts!

HeavyJ
HeavyJ -"Posterboy for Spellchecker!" "Will work for pips!"
  • #484
  • Feb 21, 2006 6:47am Feb 21, 2006 6:47am
Hi guys,

I really don't want to take sides, but I'm with HJ on this.
Please don't take offense.

I've just started reading this thread and I'd rather not read anything about indicators.

I think it would really help if you could start another thread for creating an indicator.

But as HJ said, you are trying to put a genius' mind in a box. Maybe it can be done, but right now, I think that it just can't.

I'd rather look at price action rather than an indicator.

Maybe vegas can decide how he wants it. He's the host anyway.

Sorry vegas, but I think this kinds of issues, comes with being a celebrity?
  • #485
  • Feb 21, 2006 8:38am Feb 21, 2006 8:38am
Hi Guys,

Feel free to continue your work over at.
http://www.forexfactory.com/forexfor...28&postcount=1

If you decide to do so, you may want to bring your latest/best xlsheets with you.
  • #486
  • Feb 21, 2006 9:20am Feb 21, 2006 9:20am
Quoting Bemac
Hi Guys,

Feel free to continue your work over at.
http://www.forexfactory.com/forexfor...28&postcount=1

If you decide to do so, you may want to bring your latest/best xlsheets with you.
Thank you Bemac! An excellent suggestion.

I am with everyone else who doesn't want to see "indicators" in this thread. For those of you who do want to create, modify, tweak, mangle and clutter your charts with them, please use the thread that Bemac has suggested.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #487
  • Feb 21, 2006 9:26am Feb 21, 2006 9:26am
Quoting diallist
Thank you Bemac! An excellent suggestion.

I am with everyone else who doesn't want to see "indicators" in this thread. For those of you who do want to create, modify, tweak, mangle and clutter your charts with them, please use the thread that Bemac has suggested.

Dial
Thanks Dial, but let's not forget "and possibly Improve"
  • #488
  • Feb 21, 2006 9:26am Feb 21, 2006 9:26am
Quoting 5MinuteStudent
I have fixed the time on Excel.

It should now be reporting the correct times for trading, and it should be reporting the right days for not trading.

Regards,
Great job !

I have a very very simple way for knowing today/week GBPUSD trend using xls. It works for me............ to determine GBP trend, just input yesterday/last week high/low n today rate (GMT 0). For VWB is even better. Check it..... cos simple is better, isnt it ?

happy trading
Attached File(s)
File Type: zip Trend1.zip   5 KB | 486 downloads
  • #489
  • Feb 21, 2006 9:45am Feb 21, 2006 9:45am
Quoting Bemac
Thanks Dial, but let's not forget "and possibly Improve"
Sure, I'll concede that possibility, even if it is a long shot

Thanks Bemac

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #490
  • Feb 21, 2006 10:09am Feb 21, 2006 10:09am
diallist, Bemac,

I will not be posting future versions of my spreadsheet here or there.

I learned that if I am moved, then I am not wanted, and if I am not wanted, I don't want to be here.

Regards,
  • #491
  • Feb 21, 2006 10:16am Feb 21, 2006 10:16am
Quoting 5MinuteStudent
diallist, Bemac,

I will not be posting future versions of my spreadsheet here or there.

I learned that if I am moved, then I am not wanted, and if I am not wanted, I don't want to be here.

Regards,
That's too bad 5MS. I was interested in your work as I'm sure a number of others here were. You are wanted but the descision is yours.
In any case, good luck in all your endeavours.
  • #492
  • Feb 21, 2006 10:30am Feb 21, 2006 10:30am
OK back to the business at hand.
at the second fib heads up.FOMC today could be interesting!
  • #493
  • Feb 21, 2006 10:48am Feb 21, 2006 10:48am
Hi 5MinuteStudent,

I have a file posted on this thread, too. Moving these posts to a thread dedicated to shared files is not personal. It is just a means of organization. I like the idea of having posted files in their own area as this makes the shared files and related posts easier to locate.

As a programmer of over 13 years I like your spreadsheet and hope you continue to share updates.

MrMajik
  • #494
  • Feb 21, 2006 10:57am Feb 21, 2006 10:57am
Quoting 5MinuteStudent
diallist, Bemac,

I will not be posting future versions of my spreadsheet here or there.

I learned that if I am moved, then I am not wanted, and if I am not wanted, I don't want to be here.

Regards,
Hey 5MS,

Everyone is contributing to this model with what they are at best. Your excel skills are very good and I'm sure some of the readers here are definitely benefited including me.

All they want is to group the info in proper channels so that the thread's focus is not sidetracked. Again, it’s up to you to decide whether to share your knowledge..

Shan
  • #495
  • Feb 21, 2006 10:59am Feb 21, 2006 10:59am
Quoting 5MinuteStudent
diallist, Bemac,

I will not be posting future versions of my spreadsheet here or there.

I learned that if I am moved, then I am not wanted, and if I am not wanted, I don't want to be here.

Regards,
Who said you or your spreadsheets were not wanted? No one. We only want to keep things organized by having different topics in different threads.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #496
  • Feb 21, 2006 11:02am Feb 21, 2006 11:02am
Everyone,

Who unleashed the email avalanche?

All I've been doing the last 2 days is answer emails and watch the pute screen. I'm caught up, for the moment, and if anyone has questions let 'em fly.
vegas
  • #497
  • Feb 21, 2006 11:17am Feb 21, 2006 11:17am
All Please keep posting your wares, I have over 25 years coding experience and we have always kept all code in a repository, with history tracking so that we may retrieve the latest version and see what all the fixes were. So the separate thread is just perfect to build my toy box of everyones efforts from all over the world, includign mine some day if ever get to that point. Keeping them separate is a good idea so that the forum can concentrate on the Vegas system trades. I am currently not using any indicators except the ones Vegas provided, which are just basicly MA's on a chart with nothing else, the nice thing about this simple setup is you cna trade on any Vendors platform with out an indicator. Now how ever I have been looking at every single release of an indicator or spreadsheet and saving them off to my toybox like a tool chest. My perspective is every one has something to offer and your all of the talents and efforts are appreciated. I prefer to have them separate, so that I can Watch for the Vegas before and after trade analysis in current and the coming and trades. I also like reading peoples entry in to trades and their thought processes emotions as the trade gets going. No one is being rejected here for their efforts and work, every one has good intentions.

Vegas himself built an indicator with the fib lines did not he and his documents and code itself is in a separate repository is so you can all find it easy without treading through 200 posts right?

Trade at the right time and be happy






Quoting MrMajik
Hi 5MinuteStudent,

I have a file posted on this thread, too. Moving these posts to a thread dedicated to shared files is not personal. It is just a means of organization. I like the idea of having posted files in their own area as this makes the shared files and related posts easier to locate.

As a programmer of over 13 years I like your spreadsheet and hope you continue to share updates.

MrMajik
  • #498
  • Feb 21, 2006 11:18am Feb 21, 2006 11:18am
Everyone,

I get a lot of emails from people asking me which method I like best, and do I use VWB with the 1 hour and/or 4 hour methods.

For the record, I use VWB most of the time. When a market has unusually high volatility I will use VWB for entry and the 1 hour for exit. The 4 hour is just an extension of the 1 hour.

It's not a question of which I like best, it's a question of which makes the most money. I don't care how many trades I make, I care about how much money I make. In a purely trending market, they all will make money. For the vast majority of traders, VWB is the easiest to implement and follow for a variety of reasons.
vegas
  • #499
  • Feb 21, 2006 11:25am Feb 21, 2006 11:25am
vegas,

In your VWB document, you don't mention NZDUSD. I used the same settings as AUSUSD, and it seems to look like it would work, what are your thoughts? I entered a long yesterday, but it's way down today. Am looking for another entry based upon
1. 50% retracement of today
2. reversal candle
3. RSI and MACD divergence on 2hr and 4 hr chart.

According to your rules, I should see at least 2 of these.
  • #500
  • Feb 21, 2006 11:29am Feb 21, 2006 11:29am
Quoting vegas
Everyone,

I get a lot of emails from people asking me which method I like best, and do I use VWB with the 1 hour and/or 4 hour methods.

For the record, I use VWB most of the time. When a market has unusually high volatility I will use VWB for entry and the 1 hour for exit. The 4 hour is just an extension of the 1 hour.

It's not a question of which I like best, it's a question of which makes the most money. I don't care how many trades I make, I care about how much money I make. In a purely trending market, they all will make money. For the vast majority of traders, VWB is the easiest to implement and follow for a variety of reasons.
Hi Vegas,

I entered on a 4hr Tunnel (Long) signal yesterday on the USDJPY. Presently I am Covered at BE for a free trade. P1 Came off at the 144 fib for a quick profit. I am thimking about taking profit at the Daily "Take notice fib as I am bouncing around there now. Seem like trying to hang around for P2 when I am wedged against the VWB Outer bands is a low probability scenario.

Any Thoughts.

BTW -- I understand I could get smacked down by FOMC minutes - But Hey..Its a free trade!

HeavyJ
HeavyJ -"Posterboy for Spellchecker!" "Will work for pips!"
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