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Vegas Method - has it been successful for others?

  • #101
  • Apr 17, 2006 11:46pm Apr 17, 2006 11:46pm
Quoting DrRock
Hi Guys,

I am quite interested in this topic of the Vegas 4-hour tunnel method and I have just read the postings that were put on in the last 12 hours and about 10% of them actually related to the issue. Can we please keep on topic here. If you want to talk about the PF then please do it on another thread. If you want to talk about the 70's please do it on another thread. If you want to talk about cars please do it on another thread. If you want to talk about your experiences on how the 4 hour tunnel is working for you, please do it hear.

I would love to hear more about people's real life experience of it and how they have modified it as I am pretty impressed with the idea of making 1000 pips in month. I have read the documents and am going to be trying to implement it and would love more input.

Please keep on topic and cut out the pointless chit-chat.

Thanks

Simon
Just to keep things in perspective Last month I was up 1020 pips with a modified knife, then lost around 1400 since. Maybe it's my fault but it aint all profits all the time.

Wiz.
  • #102
  • Apr 18, 2006 5:07am Apr 18, 2006 5:07am
Quoting accrete
Great to hear of your success Bernadette. FX Chief's chats were the highlight of my tu/we mornings during the mentorship class. I actually found MTI because i was a FX feed beta-tester for the FT4 charts. I too loved their versitility. Have you seen my posts concerning some of my multiple time frame MA's testing that are posted in the James16Group (if you are a member?). In short, i did a quick overlay of the various MA's used in the Vegas models and found some of the interesting correlations.

Happy trading,
Thom
Hi Thom, you said you can overlay multiple time frame MAīs with this software.
When I take a 34 MA in a 4 hour chart and a 136 MA (34*4) in a 1 hour chart
then I can do this with metatrader too. But I think, there will be much more
possibilities with FT4, I will have a look at this software.

Chris
The trend is your friend, unless itīs about to end Thomas DeMark
  • #103
  • Apr 20, 2006 9:16am Apr 20, 2006 9:16am
Greetings all !
I read some of you guys talking about a MT4 expert which will alert you when the price reaches a level. I wrote one myself some time ago and it is invaluable for my trading style. I prefer to place a straddle rather than a single long or short at significant market points. eg: using Vegas WB, if the market hits an outer fib and looks primed for a reverse, I will place a straddle 50 pips wide at that point. With the attached expert you can place up to 20 horizontal lines (of any color) anywhere on the chart and be alerted accordingly. The attached EA is very basic but useful. My live expert actually places trades (based on horiz line color), manages my open positions for me and send me emails accordingly. Enjoy!
rjb1024
Attached File(s)
File Type: mq4 LevelAlertEA.mq4   2 KB | 720 downloads
  • #104
  • Apr 20, 2006 6:46pm Apr 20, 2006 6:46pm
The vegas models totally changed my whole way of looking at the markets ... as a trader I improved my trading my ten fold. I've been trading forex for 1 yr and 3 mos. and trading vegas daily models for 2 mos. live with 1 lost of -60 pips (but it was my mistake) and many winning trades ... Like most i'm very greatful for vegas sharing and I've added a few tweaks to make the models my own.

Happy Trading ...
If it is not broken, fix it until it is!
  • #105
  • Apr 20, 2006 7:07pm Apr 20, 2006 7:07pm
Quoting Pipex
The vegas models totally changed my whole way of looking at the markets ... as a trader I improved my trading my ten fold. I've been trading forex for 1 yr and 3 mos. and trading vegas daily models for 2 mos. live with 1 lost of -60 pips (but it was my mistake) and many winning trades ... Like most i'm very greatful for vegas sharing and I've added a few tweaks to make the models my own.

Happy Trading ...
great job pipex.
  • #106
  • Apr 21, 2006 11:24am Apr 21, 2006 11:24am
Quoting The Wizard of Oz
Just to keep things in perspective Last month I was up 1020 pips with a modified knife, then lost around 1400 since. Maybe it's my fault but it aint all profits all the time.

Wiz.
Hello, Wiz. Is the "knife" also posted here?? Can you point me to the correct thread?

Thanks
  • #107
  • Apr 21, 2006 11:33am Apr 21, 2006 11:33am
Hi Bernadette,

The knife is a method designed and described in the private forum...

It is one of many useful things there. If you would like to learn more, go to www.james16group.com thanks scott


Quoting bernadette
Hello, Wiz. Is the "knife" also posted here?? Can you point me to the correct thread?

Thanks
  • #108
  • Apr 21, 2006 11:46am Apr 21, 2006 11:46am
Quoting smjones
Hi Bernadette,

The knife is a method designed and described in the private forum...

It is one of many useful things there. If you would like to learn more, go to www.james16group.com thanks scott
Thanks...hoping to be a member there soon!!
  • #109
  • Apr 22, 2006 10:41pm Apr 22, 2006 10:41pm
bernadette

I don't know if you have, but have you checked out the FF tunnel yet? team Aphid designed it and it has information that would probably help with your previous question... hoping that it helps, Scott

http://www.forexfactory.com/forexfor...ead.php?t=4365 post #2


Quoting bernadette
Thanks...hoping to be a member there soon!!
  • #110
  • Apr 23, 2006 8:06pm Apr 23, 2006 8:06pm
Quoting smjones
bernadette

I don't know if you have, but have you checked out the FF tunnel yet? team Aphid designed it and it has information that would probably help with your previous question... hoping that it helps, Scott

http://www.forexfactory.com/forexfor...ead.php?t=4365 post #2
Thanks much. got it.
  • #111
  • Apr 23, 2006 8:51pm Apr 23, 2006 8:51pm
Quoting bernadette
Hello, Wiz. Is the "knife" also posted here?? Can you point me to the correct thread?

Thanks
The knife is a proprietary adaptation of the tunnel. It was designed to have less losses than the tunnel and overcomes the reversal problem with the tunnel rather nicely. However it takes a little finesse to get hold of it and that is why you need the capable mentoring skills of its creator. There is a small monthly fee but it can easily save you a lot more than what you pay. Just ask any subscriber. There are many of them on this forum.

FT
  • #112
  • Apr 23, 2006 8:55pm Apr 23, 2006 8:55pm
Quoting The Wizard of Oz
Just to keep things in perspective Last month I was up 1020 pips with a modified knife, then lost around 1400 since. Maybe it's my fault but it aint all profits all the time.
Wiz.
Oh the difficulties of modifying an existing system before trading it first without the modifications. This is one of the biggest mistakes traders make is premature modifications. Usually this sort of problem occurs due to undue risk aversion. The trader takes a loss or two, doesn't like it, and tweaks the system to avoid that kind of loss only to have bigger losses follow.

FT
  • #113
  • Apr 23, 2006 9:50pm Apr 23, 2006 9:50pm
Where can I find info on the implementation of the FF Tunnel?

Cheers.
Greg
Quoting smjones
bernadette

I don't know if you have, but have you checked out the FF tunnel yet? team Aphid designed it and it has information that would probably help with your previous question... hoping that it helps, Scott

http://www.forexfactory.com/forexfor...ead.php?t=4365 post #2
  • #114
  • Apr 23, 2006 10:10pm Apr 23, 2006 10:10pm
The FF tuunnel is the implementation of the VWB 4 hour trade, with the addition of the Aphid line. The aphid line was described in VWVB Daily Chart Analysis Starting at post 593. The Aphid line is the same thing as the Neutral line. The Aphid line is the dotted green line... Also, Dial said he described it at length in the Lost In The Tunnel thread...

Thanks scott


Quoting bonmeister
Where can I find info on the implementation of the FF Tunnel?

Cheers.
Greg
  • #115
  • Apr 23, 2006 10:35pm Apr 23, 2006 10:35pm
Thanks. For some reason, the first time I loaded the FF indicator the dotted green line showed up as a solid blue line. I deleted the indicator and reloaded and now it shows up correctly. Go figure...
Quoting smjones
The FF tuunnel is the implementation of the VWB 4 hour trade, with the addition of the Aphid line. The aphid line was described in VWVB Daily Chart Analysis Starting at post 593. The Aphid line is the same thing as the Neutral line. The Aphid line is the dotted green line... Also, Dial said he described it at length in the Lost In The Tunnel thread...

Thanks scott
  • #116
  • Jul 9, 2006 7:52pm Jul 9, 2006 7:52pm
Can anyone tell me where I can download the vegas method? I have been looking for it everywhere without success. Please email me the link at [email protected] . Tks

FP
  • #117
  • Jul 9, 2006 10:08pm Jul 9, 2006 10:08pm
all can be found here


http://www.forexfactory.com/forexfor...ead.php?t=4113
  • #118
  • Jul 10, 2006 6:19am Jul 10, 2006 6:19am
Quoting fijitrader
Oh the difficulties of modifying an existing system before trading it first without the modifications. This is one of the biggest mistakes traders make is premature modifications. Usually this sort of problem occurs due to undue risk aversion. The trader takes a loss or two, doesn't like it, and tweaks the system to avoid that kind of loss only to have bigger losses follow.

FT
Just noticed your reply Fiji. I am doing much better with it these days. That was early days when I posted that comment. Now I pretty much stick with the original plan with mentoring.
  • #119
  • Jul 10, 2006 11:17pm Jul 10, 2006 11:17pm
Quoting DudeWorks
all can be found here


http://www.forexfactory.com/forexfor...ead.php?t=4113
Thanks for the reply. I am still struggling with the format of operation here.

At any rate, i was looking for an indicator that uses this method rather than the documents. I was under the impressiong the Vegas Method goes by the name Tunnel Method and I want that indicator with curves moving from side to side. Some people told me it is the Hurst channels but i am at a loss to figure that out.

Can you shed some light on this and show me where I can download this indicator and test it to see if it can improves my ability to detest turning points.

Tks.,

Revdax
  • #120
  • Jul 11, 2006 12:33am Jul 11, 2006 12:33am
Quoting revdax
Thanks for the reply. I am still struggling with the format of operation here.

At any rate, i was looking for an indicator that uses this method rather than the documents. I was under the impressiong the Vegas Method goes by the name Tunnel Method and I want that indicator with curves moving from side to side. Some people told me it is the Hurst channels but i am at a loss to figure that out.

Can you shed some light on this and show me where I can download this indicator and test it to see if it can improves my ability to detest turning points.

Tks.,

Revdax
Hi revdax,

There are three distinct Vegas methods available on this forum. (1) VWB aka Vegas Wealth Builder, (2) Vegas 1 hour tunnel method and (3) Vegas 4 hour tunnel method (my personal favorite).

The curves you mention are simply lines that are parallel to the central moving average and are placed at fibonacci distances from that central moving average. These curves are different for each of the three methods and also by currency. In the Beginner's Forum, there is a sticky thread that contains all the Vegas documents for the three methods. In post #2 of that thread you can download an indicator for the Vegas 4 hour method called "FF Tunnel Chart" that is an indicator for MetaTrader4.

Besides the Vegas document, you may wish to read the thread entitled "Lost in the Tunnel" started by HeavyJ. That thread focuses on the 4 hour tunnel method.

Enjoy!

Dial
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