@Viktory -- MA crosses do not repaint or move along with price. The closed bar at which they first appear to cross is the bar at which they cross.

(binned per thread starter’s request) MM (Money Maker) Detective

@Viktory -- thanks. I appreciate the good word.

(binned per thread starter’s request) MM (Money Maker) Detective

True -- but the indicator can push alerts and sound an alarm to wake you up from a nap. Seriously -- the indicator also has the advantage that it is completely objective. Given a particular data pattern, it will make the same decision every time. A ...

(binned per thread starter’s request) MM (Money Maker) Detective

@Robot Trader -- Yes, we do not want to trade every Spike. And that's where filters come in -- to distinguish between true spikes (i.e. true signals) and false positives (spikes we don't want to trade). Doesn't @Nih98's momentum filter count for ...

(binned per thread starter’s request) MM (Money Maker) Detective

@Robot Trader -- thanks for the charts and explanations. Awhile back I learned from @George that prices are manipulated and there is some master algorithm at work in the background gobbling-up stop losses to increase liquidity. I get that. And it is ...

(binned per thread starter’s request) MM (Money Maker) Detective

@Robot Trader, @LongBTC, @skyway -- yes, I agree. The next version of the indicator will include a setting to enable the TOPS/BOTTOMS algorithm that makes up the MM Detective indicator. I'm working on that as we speak.

(binned per thread starter’s request) MM (Money Maker) Detective

Yep -- and that's what we are doing. Yep -- we are using @Nih98's FX RSI indicator as a momentum filter. Also, thanks to @nigpig and @skyway -- I've learned that TMA slopes may also serve as a very effective filter, as well. @skyway -- I don't think ...

(binned per thread starter’s request) MM (Money Maker) Detective

Keeping with the spirit of @parisboy's preference for simplistic tools for lazy traders, I've attached the Guppy Multiple Moving Average (GMMA) indicator. You can see how the MA crossings frequently precede a spike. Not every crossing leads to ...

(binned per thread starter’s request) MM (Money Maker) Detective

@Husky77 -- I saw your post and I really like the screen shots. I'm familiar with how @SwingMan detects TOPS/BOTTOMS because I also learned from him -- he's the best. And I had a question about using it to detect signals. The algorithm used to ...

LazyTMA trading

Hello @LongBTC -- that was by design. I'll increase that to 2000 in the next version I release.

(binned per thread starter’s request) MM (Money Maker) Detective

@parisboy -- I see -- interesting. Thanks for the explanation.

(binned per thread starter’s request) MM (Money Maker) Detective

@parisboy -- I'm coming around to accept that Envelopes are interesting. But it seems to me you need too much past data to draw your Envelopes -- i.e. don't you need a certain number of bars to draw an Envelope? Which means Envelopes couldn't be ...

(binned per thread starter’s request) MM (Money Maker) Detective

@nigpig -- could be interesting, and certainly codable -- if there was a rule to follow. My thinking is that M1 TMA is "good enough" for signal generation -- and perhaps we should begin turning our attention to Exit strategies. I think figuring out ...

(binned per thread starter’s request) MM (Money Maker) Detective

@skyway -- most of the links to images you sent don't work. Did you intend to delete them?

(binned per thread starter’s request) MM (Money Maker) Detective

I just read a comment from the other camp that caught my attention and since I can't post there then decided to comment here: "there is no chance of EAs to survive beyond a year or two." url This comment came from a person who considers himself an ...

(binned per thread starter’s request) MM (Money Maker) Detective

Everyone -- please excuse this brief interruption. I had wanted to send a PM to @skyway but his restrictions are too stringent for me to contact him that way. So, posting this comment is the only way I could think of to thank him. @skyway -- thank ...

(binned per thread starter’s request) MM (Money Maker) Detective

This is an FYI to @George and his family members... Beginning around post #3066 one of @George's minions thought it would be fun to begin "disliking" every post -- including ones like this from @jdva: "Thx R4M.....on my MT4 M15 charts it works with ...

(binned per thread starter’s request) MM (Money Maker) Detective

@mixedbags -- my pleasure...

(binned per thread starter’s request) MM (Money Maker) Detective

@Nih98 -- I finally got around to taking a look at the "! NIH98 SweetSpot Indi.ex4" indicator. You know, this appears to have great potential as a filter. At least on M15 it seems to work amazingly well as a filter. I need to look at this more ...

(binned per thread starter’s request) MM (Money Maker) Detective

@parisboy -- very nice explanation -- thanks. @parisboy -- you know, I just had a brilliant idea. You should author a thread about Sine Waves and Cycles. Oh, wait, I think you may already have... url

(binned per thread starter’s request) MM (Money Maker) Detective