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  • #981
  • Dec 9, 2016 2:05am Dec 9, 2016 2:05am
Thank you very much mzvega and JPworks! I will report back as soon as i finished all material if i have any question!
  • #982
  • Dec 11, 2016 5:24am Dec 11, 2016 5:24am
what is reference number for SF( complete bell curve) since it is calculated : i saw bellow 1 and above 5?
  • #983
  • Edited 8:51am Dec 11, 2016 7:41am | Edited 8:51am
Mzvega,
I remember you mentioned once you would like to be platform independent. Those of us who chose to follow the less traveled journey of AMVTA are for now heavily dependent and are at the mercy of MetaQuotes which reported that it would be phasing out MT4, Any thought? Just curious.
By the way what are the major differences between the free and paid version of mp-composite indicator?
JP
  • #984
  • Dec 11, 2016 8:00am Dec 11, 2016 8:00am
In addition to post #983 I am incapable to program anything. Here for this method, in this thread, post only those who can program excel, python...any database. someone to share or to sell files to be used for analysis? Certainly there are more people willing to get rid off TA but ...Current indicator which is only for exporting data and VG is provided in .ex4. Either Bandung to create same in MT5 or to provide .mq4 for someone else to program it....but still this is just indicator which even doesn't automatically update and skews export data (#481 post).
  • #985
  • Edited 1:17am Dec 12, 2016 1:05am | Edited 1:17am
Quoting JPworks
Mzvega, I remember you mentioned once you would like to be platform independent. Those of us who chose to follow the less traveled journey of AMVTA are for now heavily dependent and are at the mercy of MetaQuotes which reported that it would be phasing out MT4, Any thought?
I have been building profiles using spreadsheets before there was a MP thread, MP indicator, and before there was a FF.

Until Bandung created an export feature, I had to build the data myself using spreadsheets. The export feature was later built as a convenience. I cant analyze the market any other way. I do whatever it takes. Indicator or no indicator.

It is a wonderful convenience, having a tool that does the majority of work, however, before there was an indicator I was able to calculate the same references & analysis using 30m OHLC data and a spreadsheet without programming. Did I like building profiles using spreadsheets?..No. Would I have prefer not to do it?.......of course. With or without an indicator I do what it takes.

It's quantitative analysis (info/data) , it isn't dependent on a charting package.

Bandung did reach out a few weeks ago, with an interest of adding the analysis I do to with my spreadsheets to the mt4 indicator, however shortly after, I heard of the change in mt4. I haven't gotten a response from him since. I would assume if he plans on updating the indicator he would do it in mt5. I'll ask him what his plans are.

My advice to you would be if someone's not willing to learn how to do the analysis with or without an indicator, then work evolved AMVA analysis really isn't suited for that individual. I personally can't afford to be indicator dependent.

You can wait and see if and when Bandung will updated the indicator in MT5. You can learn to create the references and do the analysis independently using a spreadsheet, or you can wait for Bandung or someone else to create an indicator in mt5 that does it for you.....It's your choice

Quoting JPworks
Just curious. By the way what are the major differences between the free and paid version of mp-composite indicator? JP
I think you are confusing the paid for "multi sessions" mp indicator with the "mp-composite" indicator used in Value Analytics

Two completely different indicators
The multi session indicator splits & merges the daily profile into 3 smaller profiles, one for each trading session.
MP composite is used for AMVA
Markets are not efficient, rather they are effective - Jones
  • #986
  • Edited 1:48am Dec 12, 2016 1:29am | Edited 1:48am
Quoting JPworks
Mzvega, I remember you mentioned once you would like to be platform independent. Those of us who chose to follow the less traveled journey of AMVTA are for now heavily dependent and are at the mercy of MetaQuotes which reported that it would be phasing out MT4, Any thought? Just curious. By the way what are the major differences between the free and paid version of mp-composite indicator? JP
I think that you're always dependant from an external platform for this method, you need as mzvega said OHLC for each 30 min bar, then you can elaborate the data as you want in a multitude of way (manually, externally, integrated)! The real problem anyway is not the platform it's self, you can sue mt4 even when metaquotes stop to upgrade it. As long as your broker keep using mt4 you can work with it, is like working with an older excel version, you can use it but it doesn't have all the shiny new feature!
Anyway the switch from mt4 to mt5 is not that difficult to apply! But i don't know if the existing indicator (Mp Composite) will be transalted to mt5, sure when i'm going to create the system integrated in mt4 i will upgrade it also to mt5, as soon as mt4 version work i can start doing the mt5!
  • #987
  • Dec 12, 2016 1:46pm Dec 12, 2016 1:46pm
It's quantitative analysis (info/data) , it isn't dependent on a charting package.
You can download 30m ohlc for free numerous places.
https://tickstory.com/
http://www.strategyquant.com/tickdownloader/

Quoting bignuts
{quote} OHLC for each 30 min bar, then you can elaborate the data as you want in a multitude of way (manually, externally, integrated)!
I absolutely agree...
Inserted Video
Markets are not efficient, rather they are effective - Jones
  • #988
  • Dec 12, 2016 9:21pm Dec 12, 2016 9:21pm
Quoting mzvega
It's quantitative analysis (info/data) , it isn't dependent on a charting package. You can download 30m ohlc for free numerous places. https://tickstory.com/ http://www.strategyquant.com/tickdownloader/ {quote} I absolutely agree... https://youtu.be/VbLHbjIykIM

Very cool! A lot of time went into that.... Moreover, not dependent on anything other than good data, which is easier to get these days.
  • #989
  • Dec 15, 2016 10:21am Dec 15, 2016 10:21am
usdchf
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eurusd
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Markets are not efficient, rather they are effective - Jones
  • #990
  • Dec 15, 2016 11:06am Dec 15, 2016 11:06am
Quoting nonlinear
{quote} Very cool! A lot of time went into that.... Moreover, not dependent on anything other than good data, which is easier to get these days.
I appreciate the compliment, standard ohlc is flawed, skewed, and not a true representation of raw prices. When you reformat the data into a price time format, you then have access to market generated info, that cant be "seen" on the chart. I believe that to compete in this market today, a trader should have the ability to create their own tools. Majority of traders use standard data because it's cheap, free, and comes in a computer ready format. If you want non standard data, you either have to format it yourself or pay someone to do it for you.
http://www.forexfactory.com/showthre...37#post9136737
Markets are not efficient, rather they are effective - Jones
  • #991
  • Dec 16, 2016 7:30am Dec 16, 2016 7:30am
Quoting mzvega
usdchf {image} eurusd {image} nzdusd {image} gbpusd {image}
I like your nzdusd trade! Thank you for sharing!
  • #992
  • Edited Dec 19, 2016 1:38am Dec 18, 2016 3:53pm | Edited Dec 19, 2016 1:38am
Hi guys, I finally found the time to put it all together.
This is my personal bracket screen, it is obviously still a draft. I print it everyday, I do some thinking for the trading day and take some notes on it for future references.
For each pair, in the first row there are the analysis of the daily profile and flow analysis, the other rows are for composite profiles if a bracket exist ( I added 1d and 2d profiles too). The date at top of the page refers to last closed session, in this case last friday, so bracket screen sheets are for the current monday session.
I would appreciate any comments and if you find some data that does not correspond to your analysis please let me know.
Thank you
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  • #993
  • Dec 19, 2016 2:17pm Dec 19, 2016 2:17pm
Quoting dljonesFan
{quote} I like your nzdusd trade! Thank you for sharing!
Thanks for the kind words. I had a feeling you might comment on that trade. You are familiar with my many examples and you know that "responsive" trades are somewhat out of character for me. So I thought I might explain a rare occasion when it is in my character. Maybe others might learn something from my example. I should have posted the data I used with the trades, but everyone gets so consumed with calculations of my spreadsheets, they completely miss learning how to "read" the data. There is no interest in learning how to read the data. They just want to produce the end result, without learning how to read and understand it.

The beauty of reading the source material is that it explains how to read the data, as it explains how to calculate it. You learn how to read the data, by learning how to calculate it (not vice versa) I know you have already read the source material, but someone else may learn something from my response. Bear with me. It may take 1 or 2 posts to get to my point. But this may help explain how the data supported my trade decision for that responsive trade. Data first......
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Markets are not efficient, rather they are effective - Jones
  • #994
  • Edited 4:52pm Dec 19, 2016 4:38pm | Edited 4:52pm
Quoting dljonesFan
{quote} I like your nzdusd trade! Thank you for sharing!
I wanted to find another data example that better exhibited that type of behavior, and I found one. As I was describing the data, explaining & showing the same behavior, I thought this is a chart was worth looking at. Although it wasn't a "responsive" trade. The data suggests that the condition of the LTF was changing, just like my previous example. So what does the analysis tells us. Much like the previous example, shows a slowing of the LTF upward trend. The data doesn't support continuation of the current upward trend.

So when faced with the current 5&10d bracket, would we trade a BO in the direction of the LTF trend. No. AMVA is about trading changes in the condition of market. So I took the trade supported by the data, a BO of the lower bracket. Market's do not turn on a dime, you see the gradual changes in the data long before you see it reflected in the chart.
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By the time you can identify change (see it reflected in the chart) the event has already happened. You have lost your edge.
This is what makes amva fundamentally different from MP.

You hear MP traders give this running "if this or if that" commentary on every every 30m session. By the time "IF" happens the move is already over! "if it goes up then this, and if it goes down then this"........Basically they're saying if price doesn't go up to X reference then It will go down to X reference.
How can you go wrong with making calls like that........ Just like a broken clock is right twice a day. If you always claim that if price doesn't go up to X reference then It will go down to X reference. That's not great analysis. Its like saying if price doesn't go up it will go down. Just like a broken clock is right twice a day. Great commentary doesn't make for great trades........

That kind of commentary is void of any real "analysis". You edge lies in the analysis of the data, being able to weigh the possibilities of the most probable outcome. And anticipate it ahead of time (EOD before the start of the new trading day). EOD before the new session, you should already know where you should position yourself to take advantage of the most probable move. Again, you have no edge if you have to wait to "see" what happens. By the time you wait see what happens, the event has already happened.........
Markets are not efficient, rather they are effective - Jones
  • #995
  • Dec 21, 2016 6:25am Dec 21, 2016 6:25am
Quoting mzvega
{quote} Thanks for the kind words. I had a feeling you might comment on that trade. You are familiar with my many examples and you know that "responsive" trades are somewhat out of character for me. So I thought I might explain a rare occasion when it is in my character. Maybe others might learn something from my example. I should have posted the data I used with the trades, but everyone gets so consumed with calculations of my spreadsheets, they completely miss learning how to "read" the data. There is no interest in learning how to read the data....
Excellent. You showed clearly that the market is build of market units and that the different time frames can be in different market units at the same time and how to take advantage of that. Building your own strategy is the most difficult thing to do after understanding Jones articles.
Thank you for the great posts. You bring Jones articles to live...
  • #996
  • Dec 22, 2016 2:58am Dec 22, 2016 2:58am
Quoting thetail
Hi guys, I finally found the time to put it all together. This is my personal bracket screen, it is obviously still a draft. I print it everyday, I do some thinking for the trading day and take some notes on it for future references. For each pair, in the first row there are the analysis of the daily profile and flow analysis, the other rows are for composite profiles if a bracket exist ( I added 1d and 2d profiles too). The date at top of the page refers to last closed session, in this case last friday, so bracket screen sheets are for the current...
Hey tail,

looks interesting, which program do you use?

greetings
c
  • #997
  • Dec 22, 2016 6:15am Dec 22, 2016 6:15am
Quoting dljonesFan
{quote} Hey tail, looks interesting, which program do you use? greetings c
Report is from MS Access.
The entire process is a csv-python-excel-sqlite-access "frankenstein" combo
  • #998
  • Dec 22, 2016 2:29pm Dec 22, 2016 2:29pm
Quoting mzvega
{quote} I wanted to find another data example....
"...Just like a broken clock is right twice a day...." LIKE THIS.
Your control panel is different, does your indicator refresh automatically as well? Do you have alert on indicator?

  • #999
  • Dec 22, 2016 2:36pm Dec 22, 2016 2:36pm
Quoting mzvega
...There is no interest in learning how to read the data. ...}
Well I asked simple question, was ignored by everyone...I don't know why. Even if it is stupid question ,then say so.
Quoting ruma29
what is reference number for SF( complete bell curve) since it is calculated : i saw bellow 1 and above 5?
AMVA is for programmers who can organize data on such way that are readable then learn to read them. Having thousand of OHLC in excel means nothing if they are not processed for reading.
  • #1,000
  • Dec 22, 2016 4:28pm Dec 22, 2016 4:28pm
Quoting ruma29
Well I asked simple question, was ignored by everyone...I don't know why. Even if it is stupid question ,then say so.
Which question ruma ? Can you point me?
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