LevII, I've taken the liberty of combining a couple of comments from two of your posts.
It always grabs my attention when someone I respect takes what I post in a way quite contrary to my intention. Communication is 100% the responsibility of the communicator - in this case, me. And if you 'got it' differently to how I 'meant it', I need to remedy my mistake.
First, and most important, I am as grateful as anyone for the significant efforts Grey1 has expended in helping other traders. I haven't done any analysis, but I have a sense there is more bang for your buck post-per-post in this forum than those in the rest of the site's forums combined. I still use Grey1's vwap V1 strats, (though slightly modified to take into account the impact of increasing interest in and usage of vwap in the market and to accommodate my personal trading style). So vwap V1 (mod. TB) still forms an integral part of my trading arsenal. I owe Grey1 for that and for many other instances of his significant help in developing my trading education. As I do to a number of other members too. So, hopefully, any sense that I was downplaying Grey1's generosity has hopefully been rectified. OK, that's the most important part out of the way.
LevII said:
Come off it Bramble my friend, G1 has explained here (repeatedly) a number of his methods, including 'V2'. Both the thinking that went into devising those methods and trading them have been explained in cosiderable detail.
I agree. Completely. He has gone into considerable detail and I am picking up a lot of new stuff to think about and play with. Just as I am sure we all are. And not just in relation to vwap, but his comments on market behaviour in general and on the specifics provide invaluable insights.
LevII said:
For those who can be bothered to look this forum contains at worst most of the ingredients of a successful trading business.
True as well. Grey1 has covered not just the mechanics of trading (pairs, vwap etc) but also Risk and Money Management and Position Sizing among many other topics. All vital aspects of a profitable trading business. And maybe there is in this comment of yours the germ of what it is that I might have been missing. Perhaps I haven't been sufficiently diligent in cranking out the most benefit from these posts and have missed a significant or perhaps even vital aspect in relation to the design of a vwap engine. I'm willing to accept that as a possibility and one that can be readily remedied. By my actively and purposefully reading through them all again.
LevII said:
Where Bramble is wholly off beam is in thinking G1's contributions amount to no more than publishing "the end result of a black box - not the thinking that went into devising it - and trading it." In fact we have the exact opposite - namely the benefit, freely given, of G1's considerable intellect and experience. I hope others are as grateful as I am.
I've covered grateful, and generous and valuable contribution already, and so to the kernel of what I was so hopelessly trying to express in my earlier post.
With the best will in the world, I suspect few to none of those reading these posts or this thread or even the entire forum will know HOW to put together a working vwap engine - from these posts alone. If I'm wrong (which is always entirely possible LOL) then let me know. You (LevII) have had the benefit as have many others of Grey1's generosity in being invited to watch him trade his vwap strat in RT using the vwap engine etc. Even those who have had this opportunity it would seem, lack the necessary knowledge to subsequently build the vwap engine for themselves - even with whatever additional (outside of the posts on these boards) insights may have been gleaned from the personal mentoring experience itself.
I'm not saying anything other than without this integral piece of the puzzle (the vwap engine itself in whatever form), nobody is going to be able to trade the way Iraj trades. It is IMHO not possible to reverse engineer from posts in this forum what is required in order to build it. When you watched Iraj trade it, you very possibly picked up stuff implicitly that even Iraj is not consciously aware he is doing in his trading. Stuff he can't explicate because he is simply unaware of it. Or simply because he chooses not to explicate it. Even with the possibility of the additional benefit you will have had by seeing the beastie (the vwap engine, not Iraj!) in the flesh, I don't think your task is that much easier. Not in any way a criticism of anyone or anything, but just an observation of the apparent lack of success (or willingness in some it would seem) to replicate their own vwap engine. It's obviously (quite obviously LOL) a non-trivial task and these posts in of of themselves are not in my estimation sufficient to provide the degree and quality of information required to successfully enable its design and construction. If anyone has done so - genuinely well done - but you brought something else to the party, didn't you.
I think it unlikely you will get to build a vwap engine from just reading the posts on this forum.
And you definitely don't get to trade like Grey1 - even with a vwap engine - by just reading the posts on this forum.
I guess that's the point I was trying to make.
it's there if u'r willing to read/learn/invest ur time... all of Tech. trader forum is full of repeatedly answered same questions. i don't believe there won't be any new question, but many of them been answered before. 
