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Thread: Amp

  1. #11
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    Not that this doesn't or hadn't pertained to me,,,but just saying that if profitable methods are available in online services if one's trading is unsatisfactory wouldn't the throng of traders be using these extraneous systems available for them to indeed profit..thus adding upon an overwhelming majority of unprofitable traders??

  2. #12
    Wizard
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    quick update on AMP indicator development progress.

    changes in AMP indicator between version 9 and 10
    - performance optimization (was required before integration with confirmation methods)
    - extended panel information displayed in the corner
    - remodelling of the AMP indicator configuration files structure (now we can have multiple veriants of 1 pattern per config file)
    - TP1, TP2 and SL added
    - basic Reward:Risk for TP1 and TP2
    - improved integration with AMPmonitor
    - bug fixes
    - pivot points included in the indicator (we will monitor how useful they are in confirming the market turning points, spotting the D points), a bit more on this in this thread -> pivot points indicators

  3. #13
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    sweet. thanks kor4x.


  4. #14
    Wizard
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    we will soon extend the AMP patterns collection by the triangles and ending diagonals:
    good info on these:
    https://sites.google.com/site/wavedi...ome-1/diagonal
    https://sites.google.com/site/wavedi...ome-1/triangle

  5. #15
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    excellent! but what about simple wedges too?

  6. #16
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    I found your forum with a Google search. I just joined and used the link for the AMP Monitor, too. This looks like it will be very helpful. I have been learning how to trade in FOREX for 4 years now, and still am a beginner. The charts on the monitor say "TRIAL". Can you explain why that is there?
    Are the patterns "live" or how often are they updated?
    Thanks for this forum!

  7. #17
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    Quote Originally Posted by Storm View Post
    The charts on the monitor say "TRIAL". Can you explain why that is there?
    Are the patterns "live" or how often are they updated?
    Thanks for this forum!
    Glad you found the forum - I may answer this question by saying: because you are in trial mode - you will see all the charts do say trial - there's some information that is covered by the word trial, but you do get the full functionality of the AMP Monitor. I'm also on trial and it is all live and working. You get to the far right the emerging patterns, then the completed patterns and the live patterns.

    Also - you can get the app for the iPhone... Pretty clever stuff!

    I'm also learning and trying to apply more patterns in my trading...

  8. #18
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    I am not sure where my reply went but I will make another. Thanks for answering so quickly. Now that I know it is live and working I will be looking at it next week before and after work. I have an iPad on loan from the day job and will have to see if I can load it on there. That would be great.

  9. #19
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    I don't know how it will work on an iPad but I'm guessing it'll be a larger version of the iPhone... It's really cool to see the patterns. I've been using more the longer time frames, because they let me go to my platform and actually draw the pattern myself, get my Fib calculations and learn more and more. I've seen some videos from kHor where the 5 minute time frame works really well... It might be worth giving it a try if you are trading and have some time to be on the screen while the pattern is at work!

    The other thing you might want to do it LIMIT which patterns you actually see... On the settings... Like yesterday I figured out that 121 or One2One is an ABCD pattern... I was going crazy trying to figure that out. Then the same for the 50 pattern which is an AB - 50% retracement from BC - then CD...

    ===
    SGFX

  10. #20
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    I will definitely be paying more attention to this once the markets open again. I have paid for training, and it has really helped me to recognize the Harmonic patterns over the past year. Before that I was just getting into the Elliott Wave with a coach. I am doing better than ever with this, but still am in the school of hard knocks.

    I like the ABCD patterns and realize that you should find something to use and stay with it until you get it to work. Is the ABCD used to trigger the Harmonic patterns such as Gartley, Butterfly, or is that a stand alone set up pattern?

    Do you use the KorHarmonics indicators or charting, too? I might want to give that a try to help recognize patters easier. I guess I need to go to that part of the forum for it.

    I hope I do not ask too many questions all at once. Thanks again!

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