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Thread: AMPmonitor - informations & suggestions of improvemets

  1. #191
    Junior Member
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    Quote Originally Posted by Admin View Post
    Dear Users,


    we proudly would like to inform you, that works on AMPmonitor are going to the final stages. We do a lot of improvements and changes, doing our best to present you the best solutions. Sometimes this is the reason, why some of You may facing problems in AMPmonitor performance. Those operations are unfortunatelly necesarry and unavoidable to develop the AMPmonitor project.

    We trully believe, that you can understand it and we are greatful for your support.
    We would like to assure you, that any reported problem or question that you posted, would be responded as soon as possible.
    We have also noticed a couple of common mistakes, that AMPmonitor beta-users are making (as for example: opening AMPmonitor in multiple windows), so we decided to release some short FAQ in the comming days.


    We also would like to let you know, that the AMPmonitor Development Team is now preparing some nice gift to our current users, to recompense them these temporary incoveniences. We hope you will love it! So please follow this thread, check your email box, cause in the comming 2 weeks we will drop you something really special!
    Awaiting for the gift...lols

  2. #192
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    I dont see anything like that when i login.

  3. #193
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    Sorry for the late reply admin, ive been away from the screens.

    Yeah, for me the PRZ is the size of the box. If the top and bottom of the box are more than 50 pips apart, its not a trade I consider as Im always looking to control my risk. I ideally want the risk / PRZ to be smaller than 50 pips and my target 1 to be more than 50 pips from the middle of the PRZ box. Ive found this has helped me be consistent.

    My 50pip size filter for the PRZ is more through experience and art as opposed to science, so naturally for larger time frames a bigger PRZ would mean more trades and the larger risk would have to be compensated by the larger reqard. I personally also trade some hourly Pattern,and for these I use maximum 75 pip PRZ.

    My own trading improved so much once I started really being selective with my trades, and since Risk is what trading is all about, I think a filter inwhich we can choose the maximum size of the PRZ would make a big difference to new traders and increase our overall trading efficiency.

    I hope its not too complicated for the filter to be incorporated, it could work in a way of alerting us to patterns inwhich the PRZ is smaller than "x" amount.
    sunpost likes this.

  4. #194
    Wizard
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    i like to see new ideas, and have to admit that measuring the size of PRZ rectangle is such :-)

    Please note however that all our AMPmonitor patterns were defined by us from experience and historical charts and they may not be exactly as described in the books.
    It may mean that our PRZ boxes are different from what you consider.

    We would appreciate if you look for it and comment regarding the PRZ boxes we present.

    To add a size of the PRZ is not a problem.

    Any other ideas or suggestions?
    thanks again,
    kor4x

  5. #195
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    I can do that, as i see a set-up, i'll post the chart and describe what Im looking at for my entry criteria.

  6. #196
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    The news lines are a good enhancement. On the daily charts, the lines blend together. Using a smaller width or eliminating them on that time frame might help visibility.

  7. #197
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    perfectly agree, ...I find them super usefull on lower TFs, but no big point to present on higher TFs. Will be corrected.

  8. #198
    Wizard
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    fyi: starting from this idea (on the screenshot) we are designing this week all web pages of AMPmonitor:
    AMPmonitor - informations & suggestions of improvemets-ampmonitor_designing_process.png

    will keep you updated.
    sunpost and silvergroupforex like this.

  9. #199
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    Recommendation: the chat is weird - since when we get into the chat - the pattern section is blocked out and vice-versa. Don't know what to do with it! Open a second window perhaps?

  10. #200
    Wizard
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    hi
    ...to give you quick update on the AMP project progress:
    - new AMPmonitor layouts almost completed, under review
    - guys work now on some marketing cover for it, thanks to everyone that had a chance to review the drafts and gave the valuable comments
    - circa 10 fixes for AMPengine planned in the next release (probably not yet the new patterns)
    - bad news is that Sup/Dem TradingArsenal project is kind of stopped (or at least significantly delayed), as you can see not much update in the thread. Still looking for volunteers to work on it :-) Same for VSA, if someone with VSA experience would like to work on a entry confirmation module for AMP.
    - but (from my perspective) the most interesting task is on my plate, as I am in the middle of the research of the harmonic patterns internal swings dynamics. Cannot disclose much at this time, and cannot say into which degree this will be incorporated into AMPmonitor, but will give you just 1 screenshot to taste what i am currently looking at :-)
    AMPmonitor - informations & suggestions of improvemets-butterfly-pattern-internal-dynamics-2012-06-01_0023.png
    I believe that thanks to price x time x speed fractal analysis we can mathematically locate the optimal harmonic pattern entry. Soooo much fun with the markets
    kidrock82, sunpost and CockyAmoeba like this.

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