Hey Bob, thanks for your wonderful work. I'll fwd test it. Happy new year.
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DislikedIn trade number 19, the trade is an uptrend trade. But both at the time when the EA would get set, and when price crosses the 5, price is below the 240. Are you sure you want to include this as a valid trend trade?
A similar thing almost happens in trade 25. There its a sell trade, but price is above the 240 when the EA is set. By the entry occurs, price has also dipped below the 240, so this one makes a bit more sense to me.Ignored
DislikedLooks Fantastic! Much simpler and easier to understand.
My question deals with which TMA to use. Right now, if you look at the USD/JPY on the H1 with the TMA True loaded, price broke below the 240 MA on December 23rd, so we're looking for shorts, but the price never hits the "red" top line of the TMA True indicator. But if you load the TMA Centered indi price hits the top red line of the indi several times. Just wondering which indicator to use. It seems ok on a lot of the currencies, but on others I'm not sure which one to use.
I'd really...Ignored
DislikedThanks bob for your great work - 1 question - You mention switching on the buy or sell ea as they approach, or cross the green or red tma lines - assuming you are clear on the trend ie the tma centre is well above or below the 240 line can you just load the respective ea and wait. Obviously i know the 5x5 position relitive to the tma centre is important also so all trades would not be valid but can it work this way
2) is the sl of the opposite band coaded in the profit ea once your in atradeIgnored
DislikedHi Nanningbob
This chart of 1Hr NU last week. TMA is in a UT but the retraces are never coming back to the green TMA band and price is going up aggressively above the red which is oversold I take it?
So this would be off your menu I take it?
Aussie last week UT I've highlighted 3 buys of the 1 hr chart.Ignored
DislikedI tried to analyze the system on a different pair, the USDCHF.
Results seem to be great, from 17.9.2010 until end of the year between 1257 and 1487 pips, depending on some trade-decisions.
Everything is in my attached document.
Hopefully I understood the system from the scratch...
Bambo0Ignored
One last thing before I go out for a while. This is a holiday week so prices can fluctuate wildly at times. The market will not be its normal self until the middle of the month so dont expect things to follow according to form. So test away and make sure everything works with your broker first before doing any live trading.