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Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,621
- May 13, 2025 6:16am May 13, 2025 6:16am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
- #3,622
- May 13, 2025 6:43pm May 13, 2025 6:43pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Recovery is still on going slowly.... Due to unexpected copy trading errors, some of my accounts missed trade signals several times and therefore they are out of sync now. Unfortunately, in reality, copy trading is tricky and has some its own risks.... 
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,623
- May 16, 2025 6:13am May 16, 2025 6:13am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
eVWMA vs. VWMA
(ChatGPT created answer)
The choice between VWMA (Volume-Weighted Moving Average) and Elastic VWMA depends on your trading goals and the market context, but here's a breakdown to help you decide:
VWMA (Volume-Weighted Moving Average)
Definition: A standard moving average where prices are weighted by volume — higher-volume bars have more influence.
Strengths:
(ChatGPT created answer)
The choice between VWMA (Volume-Weighted Moving Average) and Elastic VWMA depends on your trading goals and the market context, but here's a breakdown to help you decide:
VWMA (Volume-Weighted Moving Average)Definition: A standard moving average where prices are weighted by volume — higher-volume bars have more influence.
Strengths:
- Smooths out price action while factoring in volume.
- Helps identify trends where volume supports the move.
- Useful for filtering out low-volume noise.
Limitations:
- Lagging indicator — reacts slower to fast market changes.
- Doesn’t adapt to volatility or price behavior.
Elastic VWMA
Definition: A variation of VWMA that adjusts its responsiveness based on volatility or market dynamics, making it more adaptive.
Strengths:
- More responsive during volatile conditions.
- Adapts to changing market structure more quickly.
- Can offer earlier signals compared to standard VWMA.
Limitations:
- May produce more false signals in choppy markets due to its sensitivity.
- Slightly more complex to interpret or calibrate.
Which One Is Better?
Use CaseBetter Choice
Stable trending marketVWMA
Volatile or breakout-prone marketElastic VWMA
You want smoother signalsVWMA
You want faster reactionsElastic VWMA
You're using algorithmic tradingElastic VWMA
You're a discretionary traderVWMA (easier to read)
Conclusion:
- Elastic VWMA is generally better for short-term or dynamic trading strategies where fast reaction to price and volume changes is crucial.
- VWMA is safer and easier to use for most retail traders, especially in more predictable market conditions.
If you’re a day trader (which I recall you are), the Elastic VWMA might offer an edge in terms of adaptability and early signal generation — especially during news events or breakouts. But it’s always a good idea to backtest both in your specific market. Want help doing that?
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,624
- May 16, 2025 6:15am May 16, 2025 6:15am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
eVWMA vs. VWMA (ChatGPT created answer) The choice between VWMA (Volume-Weighted Moving Average) and Elastic VWMA depends on your trading goals and the market context, but here's a breakdown to help you decide:
https://forex-station.com/post129543...ml#p1295430555
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,625
- May 16, 2025 8:15am May 16, 2025 8:15am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Inserted Video
I have purchased Tradingview monthly plan for my birthday gift... the cheapest one...
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,626
- May 20, 2025 9:35am May 20, 2025 9:35am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
{quote} Quantower found the reason quickly.... Not sure why they made such an stupid and unnecessary option.....{image} {image}
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,627
- May 22, 2025 7:24am May 22, 2025 7:24am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
{quote} Quantower's copy trading feature is getting me mad... It's buggy and time to time it's opening the opposite position when my SL gets hit. They say they are updating the feature. I just want to focus on my trading instead of technical stuff as trading itself is already stressful enough to me!
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,628
- Edited May 23, 2025 5:46am May 22, 2025 6:57pm | Edited May 23, 2025 5:46am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
{quote} Elastic Volume Weighted Moving Average is quite interesting......
https://forex-station.com/post129556...ml#p1295566008
If filter is not applied, it's same as Tradingview version.
I am a huge fan of moving averages (actually, MA is the only indicator worth trying) and this one is pretty good I think.
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,629
- May 24, 2025 4:38am May 24, 2025 4:38am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
More than a whole month, I haven't made any progress virtually. I think I am in a slump. Market wasn't that much choppy and it has given enough opportunities but always my entry timing was bad. I unsubscribed Apex 3 accounts due to not much progress, and soon I think I will unsubscribe Topstep as well. I will run it small for the time being. I can resubscribe them any time when I feel ready. I expect/hope it will be much better from next month. 
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,630
- May 31, 2025 8:38am May 31, 2025 8:38am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Still grinding............
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,631
- Jun 2, 2025 9:52am Jun 2, 2025 9:52am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
It looks now even Apex is seriously considering moving profitable traders to live accounts. Perhaps $2M payout to a single trader a month ago was the last straw to them. 
Anyway, prop firms allow you to have only one live account, then you better off trading your own live fund. The best days of prop firms could be already behind us.....
Anyway, prop firms allow you to have only one live account, then you better off trading your own live fund. The best days of prop firms could be already behind us.....Inserted Video
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,632
- Jun 4, 2025 3:46am Jun 4, 2025 3:46am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,633
- Jun 6, 2025 5:36pm Jun 6, 2025 5:36pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
The followings came from Nutty Bar Trading. Basically their tactics are similar: buy tons of accounts and blow them up until you get payouts. That's not my style obviously. I don't like this game.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,634
- Jun 6, 2025 5:42pm Jun 6, 2025 5:42pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
{quote} Unfortunately, she's not doing well recently either. She lost 3 times in a row today. She lost 2 times in a row the day before yesterday. I think she's barely profitable on January. Being consistently profitable in day trading is really really difficult.....
https://www.youtube.com/live/iM7W8jG2F7U?si=67k6P3R7ULUgMG5V
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,635
- Jun 7, 2025 10:43am Jun 7, 2025 10:43am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Still grinding............
As I promised to myself, I will do this shit until the end of this year. If I still won't make it, I will gladly go back to spread trading and forget about day trading until I die. I cannot do this dunning krugering forever. Modern day market manipulation is something average people cannot crack. 
Dunning Krugering:
https://www.forexfactory.com/thread/...1#post12608271
https://www.forexfactory.com/thread/...0#post12584100
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,637
- Jun 8, 2025 11:15am Jun 8, 2025 11:15am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Smoothed CCI
I use CCI and I think I will like this better than normal one.... This is MT5 version. You may find MT4 version as well. Do your research.
Made by Mladen.
https://www.mql5.com/en/code/25907
Original CCI (Commodity Channel Index) is calculated using what is known as mean absolute deviation. This version is using standard deviation instead. Also, in order to make it less "nervous" (which is probably one of the greatest reasons why CCI is not more popular than it is now), pre-smoothing using double smoothed Wilders EMA added and signals are generated on zero crosses
I use CCI and I think I will like this better than normal one.... This is MT5 version. You may find MT4 version as well. Do your research.
Made by Mladen.
https://www.mql5.com/en/code/25907
Original CCI (Commodity Channel Index) is calculated using what is known as mean absolute deviation. This version is using standard deviation instead. Also, in order to make it less "nervous" (which is probably one of the greatest reasons why CCI is not more popular than it is now), pre-smoothing using double smoothed Wilders EMA added and signals are generated on zero crosses
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,638
- Jun 8, 2025 11:19am Jun 8, 2025 11:19am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,639
- Jun 8, 2025 11:39am Jun 8, 2025 11:39am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #3,640
- Edited 7:04pm Jun 10, 2025 1:05pm | Edited 7:04pm
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
I also agree Patrick Wieland is a great trader but you should know he is a super extreme scalper. Look at his average trading time and the amount he spent for the commission below. Unless you have a scalper's mindset and psychology, you won't be able to follow him.
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Simplicity is the ultimate sophistication - Leonardo da Vinci