aaa & bbb no longer a secret

[Jese]

Hello all,

Like every one else here, I have been back testing for weeks now.

I stumbled across something today you may find interesting. The aaa & bbb settings are actually the following indicators.

aaa = Demarker indicator
bbb = Williams percentage rage.

Follow my instructions to find out for your self.

1.Press F6 to start a stratergy test.
2.Choose a 1 minute chart from the 1st of October till now.
3.Enter your own settings in faps. (remember what your aaa & bbb settings are) Click ok.
4.Before you hit start button, click on the visual mode located under the ‘use date’ check box. Move the speed meter just to the right of the ‘visual mode’ check box.
5.THEN HIT START…………allow it to run for about 5 mins. (its quite a nice show)
6.Then hit stop. You will now see all the fap indicators on the chart.
7.Right click on the chart and you will see a list of the indicators and there properties. Now you will see that your settings for the aaa & bbb are used to direct the Demarker indicator (aaa) and the William percentage rage (bbb). You will also see the alligator indicator on your chart.

Im not sure if this info is useful or not, but im sure Earl will find some way to take advantage of it ;)

I have some pics to show what im talking about.

Let me know your thoughts.

Cheers.

[Jese]

The second chart on the second picture is exactly what faps looks like, when all we see is a smily face in the top right hand corner.

[Jese]

Now after you test this for your self, simply attach each indicator with the same settings onto your chart, and you can watch faps at work. (you will find the indicators in your navigation window)

[Silent0ne]

Awesome Info, Thanks For Sharing....


I actually brought up the chart w/ aforementioned indicators attached by accident yesterday but didn't know what to make of it.... still don't lol.

But it did bring about alot of questions. I am glad to finally know exactly what aaa and bbb control.

Any idea what inputs into these fields affect behavior specifically? I know the defaults are 13, 14 and earl uses 20, 8 but aside from that, I haven't a clue as to how to optimize.

[Jese]

No worries, i wish i could see Earl's face when he reads this hahaha

Now its time for us all to group up and start reseaching these indicators.

I also noticed that you can add these indicators to the visual test chart while its running and watch all the indicators in action.

I ALSO FORGOT TO MENTION THAT YOU ADD THE 'FRACTUALS' INDICATOR TO YOUR CHART. Its also apart of faps.

[Earl]

No worries, i wish i could see Earl's face when he reads this hahaha

Now its time for us all to group up and start reseaching these indicators.

I also noticed that you can add these indicators to the visual test chart while its running and watch all the indicators in action.

I ALSO FORGOT TO MENTION THAT YOU ADD THE 'FRACTUALS' INDICATOR TO YOUR CHART. Its also apart of faps.Hey man I'm smiling!!!!!!!!!!!!:D even though I knew that already...LOL but man really thanks for the input

It's working together just like this..! who needs faps winners we will all be faps winner!!!

if you read the faps instructions it tells you that aaa and bbb are internal indicators..

then they tell you that safteygapdemarker and safetygapwpr define the Demarker and WPR internal indicator parameters...

Thats how I knew to make the change to aaa & bbb

But I never noticed it in the backtesting DAAAYYYYYMMMMM GREAT JOB!!

A++++++++ for effort&results

Lets go Team we are on our way!

[Short14]

That is the same thing they were pushing as the Forex Avenger program... Set a graph at 40 and 80 and williams percentage average at 21 follow the bouncing ball except on the H1 chart

[^eagle^]

Williams’ Percent Range Technical Indicator (%R) is a dynamic technical indicator, which determines whether the market is overbought/oversold. Williams’ %R is very similar to the Stochastic Oscillator. The only difference is that %R has an upside down scale and the Stochastic Oscillator has internal smoothing.

To show the indicator in this upside down fashion, one places a minus symbol before the Williams Percent Range values (for example -30%). One should ignore the minus symbol when conducting the analysis.

Indicator values ranging between 80 and 100% indicate that the market is oversold. Indicator values ranging between 0 and 20% indicate that the market is overbought.

As with all overbought/oversold indicators, it is best to wait for the security’s price to change direction before placing your trades. For example, if an overbought/oversold indicator is showing an overbought condition, it is wise to wait for the security’s price to turn down before selling the security.

An interesting phenomenon of the Williams Percent Range indicator is its uncanny ability to anticipate a reversal in the underlying security’s price. The indicator almost always forms a peak and turns down a few days before the security’s price peaks and turns down. Likewise, Williams Percent Range usually creates a trough and turns up a few days before the security’s price turns up.



DeMarker Indicator
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The Demarker Indicator is a technical analysis tool developed by Tom Demarker for identifying high-risk buying or selling areas in a given market.

Two variants of the Demarker Indicator exist, one bounded by values from -100 to 100, the other bounded by values from 0 to 1. The basic principle behind the Indicator is the same in either case. If the high price for a period is higher than the previous period's high, the DeMax variable for that period is the difference between the highs; the DeMin variable for the period works similarly for the low prices. The Demarker Indicator is then the moving average of DeMax divided by the sum of the moving averages of DeMax and DeMin. Thus, the higher the value of DeMax relative to DeMin, the greater the value of the Demarker Indicator.

On the 0 to 1 Demarker Indicator scale, a value anywhere above .7 indicates that a downward price turn is imminent, while a value anywhere below .3 indicates that the price will shortly turn upward. Values between .3 and .7 indicate relatively low-risk periods for entering a given asset market. Thus savvy traders can use the Demarker Indicator either to determine when to enter a market, or when to buy or sell an asset in order to capitalize on probable imminent price trends.

[^eagle^]

All markets are characterized by the fact that on the most part the prices do not change too much, and only short periods of time (15–30 percent) account for trend changes. Most lucrative periods are usually the case when market prices change according to a certain trend.

A Fractal is one of five indicators of Bill Williams’ trading system, which allows to detect the bottom or the top.

Fractal Technical Indicator it is a series of at least five successive bars, with the highest HIGH in the middle, and two lower HIGHs on both sides. The reversing set is a series of at least five successive bars, with the lowest LOW in the middle, and two higher LOWs on both sides, which correlates to the sell fractal. The fractals are have High and Low values and are indicated with the up and down arrows.

The fractal needs to be filtrated with the use of Alligator. In other words, you should not close a buy transaction, if the fractal is lower than the Alligator’s Teeth, and you should not close a sell transaction, if the fractal is higher than the Alligator’s Teeth. After the fractal signal has been created and is in force, which is determined by its position beyond the Alligator’s Mouth, it remains a signal until it gets attacked, or until a more recent fractal signal emerges.


Technical Indicator Fractals

[^eagle^]

This technical indicator consists of 3 lines. They are Moving Averages with various parameters. Here they are:

The First line, or the chap of alligator, is a line of balance to the considerable period of time. It's used for the chart constructing - 13 period smoothed shifting average, moved on 8 bars to the future. The Green line, or the lips of alligator, is the line of balance for the considerable period of time, which is one more step less - 5 period smoothed shifting average, moved on 3 bars to the future. The Red line, or the teeth of alligator, is the line of balance for the considerable period of time, which is one step less - 8 period smoothed shifting average, moved on 5 bars to the future.

How to interpret the lines? When all of them are jolloped, it means that the "Alligator" is sleeping, and the more it sleeps the more hungry it gets. Of course, when it wakes up after long sleep, it's very hungry and starts "hunting for food", which is price, till it is glutted. As soon as it happens, it looses interest to the food, which is price, and then the balance lines meet at the same point. It's when you should fix your profit. It's time to close all positions and wait till Alligator awakes up next time.