MMI - Another Alternate Indicator for NT

This is a discussion on MMI - Another Alternate Indicator for NT within the Forex Net Trap forums, part of the Specialists' Corner category; Originally Posted by BarneyBus How has your indicator worked over the past few days Antonio? Compared to MA40 letting us ...

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Old Jan 7, 2011, 1:45pm   #9
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Re: MMI - Another Alternate Indicator for NT

antonio2010 started this thread
Quote:
Originally Posted by BarneyBus View Post
How has your indicator worked over the past few days Antonio? Compared to MA40 letting us down?

ps.. i know two days means nothing but just wondered....
This week the only difference was Jan 04 MMI say "no trade" and NT lose 30 points
So total for the week is:
MMI: +22.7
NT : -7.3
Today price go to +29.1 pips and reverse
Of course this means nothing and will see next week
I will update results weekly or so
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Old Jan 7, 2011, 4:25pm   #10
 
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Re: MMI - Another Alternate Indicator for NT

Quote:
Originally Posted by antonio2010 View Post
This week the only difference was Jan 04 MMI say "no trade" and NT lose 30 points
So total for the week is:
MMI: +22.7
NT : -7.3
Today price go to +29.1 pips and reverse
Of course this means nothing and will see next week
I will update results weekly or so

Um. are you sure of the figures Antonio. I make VNT -69 pips and INT 30/30 -37 pips.

By NT I assume you mean VNT ? Tue -30 , Wed -30, Thur +21, Fri -30.

INT30/30 is Tue -30 , Wed -30, Thur +30 , Fri -7.

M
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Old Jan 7, 2011, 5:47pm   #11
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Re: MMI - Another Alternate Indicator for NT

antonio2010 started this thread
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Originally Posted by mark120169 View Post
Um. are you sure of the figures Antonio. I make VNT -69 pips and INT 30/30 -37 pips.

By NT I assume you mean VNT ? Tue -30 , Wed -30, Thur +21, Fri -30.

INT30/30 is Tue -30 , Wed -30, Thur +30 , Fri -7.

M
Hi Mark
I am comparing only INT 30/30 both with standard MA40 and MMI indicator.
I believe the difference with your numbers is because I trade monday (+30 with both indicators)
So the totals are -7.3 (MA40) and 22.7 (MMI)
AM
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Old Jan 10, 2011, 2:17pm   #12
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Re: MMI - Another Alternate Indicator for NT

antonio2010 started this thread Just a comment about today trade
Today MMI agree with NT indicator (MA40) for a sell.
But because the way I have the EA parameters, today was a no trade day for me both with MMI and MA40. I believe people trading with EA and .set file I sent, have not traded today.
In the case I had one different EA input, both MMI and MA40 will be a succesfull trade today. (Sorry I can't give here more details)
Any way, I am interested to see the difference between MMI and MA40, so no problem at all, and I will record today as a "no trade day", because is what EA do.
AM
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Old Jan 10, 2011, 4:33pm   #13
 
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Re: MMI - Another Alternate Indicator for NT

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Originally Posted by antonio2010 View Post
Just a comment about today trade
Today MMI agree with NT indicator (MA40) for a sell.
But because the way I have the EA parameters, today was a no trade day for me both with MMI and MA40. I believe people trading with EA and .set file I sent, have not traded today.
In the case I had one different EA input, both MMI and MA40 will be a succesfull trade today. (Sorry I can't give here more details)
Any way, I am interested to see the difference between MMI and MA40, so no problem at all, and I will record today as a "no trade day", because is what EA do.
AM
Antonio I am tracking the MMI now and will record it as a trade day if RH calls it so next week so we are comparing apples vs apples for VNT vs INT30/30 MA40 vs INT30/30 MMI.

M

p.s. I also take all entries off IG Index charts manauly and use 3 pip spread.

Last edited by mark120169; Jan 10, 2011 at 4:46pm. Reason: p.s.
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Old Jan 11, 2011, 12:23pm   #14
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Re: MMI - Another Alternate Indicator for NT

antonio2010 started this thread Looking MMI today (SLM) seems at first glance a buy, but Spin EA don't trade today.
I have tweaked the EA parameters as I like MMI to work, and say clearly I am trading with EA because I prefer still in bed at 6.30
So for my "Lazy MMI trading" I will take EA results, good or bad, and see what happen
Today "Lazy MMI trading" is 0 points (no trade)
AM
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Old Jan 11, 2011, 2:44pm   #15
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Re: MMI - Another Alternate Indicator for NT

antonio2010 started this thread
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Originally Posted by mark120169 View Post
Antonio I am tracking the MMI now and will record it as a trade day if RH calls it so next week so we are comparing apples vs apples for VNT vs INT30/30 MA40 vs INT30/30 MMI.

M

p.s. I also take all entries off IG Index charts manauly and use 3 pip spread.
Great Mark
As I said, I will be recording results only with the EA on SLM, so in the future we can compare both.
AM
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Old Jan 11, 2011, 5:12pm   #16
 
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Re: MMI - Another Alternate Indicator for NT

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Originally Posted by antonio2010 View Post
Looking MMI today (SLM) seems at first glance a buy, but Spin EA don't trade today.
I have tweaked the EA parameters as I like MMI to work, and say clearly I am trading with EA because I prefer still in bed at 6.30
So for my "Lazy MMI trading" I will take EA results, good or bad, and see what happen
Today "Lazy MMI trading" is 0 points (no trade)
AM
I set up FNT Trader v5 with MMI and it took the trade for me this morning live.

M
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