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Extreme TMA System

  • #14,961
  • Sep 19, 2018 5:38am Sep 19, 2018 5:38am
50 Bars Back Indicator.

This is important. You will see in my charts a dashed vertical Red line. This is the 50 Bars Back Indicator which I am attaching below. What is it used for?. It marks the 51th candle back from the current candle which is 0. Since my TMAs are 50 Period (50 candles), everything including and to the left of the 50 Bars Back indi is set in stone and will not repaint anymore. The bars to the right of the line will repaint and should not be given a lot of weight in analysis. I use it to analize steepness of the TMAs to the left of the line in order to make my entry decisions.
Attached File(s)
File Type: mq4 50 Bars Back.mq4   < 1 KB | 873 downloads
Observation is the path to discovery.
  • #14,962
  • Sep 19, 2018 9:53am Sep 19, 2018 9:53am
Dear Sir Mr Alorente.

I picked up your basic idee from page 1 and based on the first Tmatrue (no source) i made a dashboard EA, trading all the pairs.
For over 2 weeks now it reaches its Target (say 200) each day.
All the smalltalk and quarelling on this site left aside, your idee is great. Thank you!

Piet C.
  • #14,963
  • Sep 20, 2018 3:18am Sep 20, 2018 3:18am
Quoting pcorneli
Dear Sir Mr Alorente. I picked up your basic idee from page 1 and based on the first Tmatrue (no source) i made a dashboard EA, trading all the pairs. For over 2 weeks now it reaches its Target (say 200) each day. All the smalltalk and quarelling on this site left aside, your idee is great. Thank you! Piet C.
Good to hear. Good luck with it.
Observation is the path to discovery.
  • #14,964
  • Sep 22, 2018 2:15am Sep 22, 2018 2:15am
Hey Al can i ask one quick newbie question. Since you primarily use the h4 and daily chart, what TF do you use for your entry? Do you use a smaller TF for such? Thanks Al!
  • #14,965
  • Sep 22, 2018 4:32am Sep 22, 2018 4:32am
Quoting paw1234
Hey Al can i ask one quick newbie question. Since you primarily use the h4 and daily chart, what TF do you use for your entry? Do you use a smaller TF for such? Thanks Al!
The main decision to enter the trade is made in H4, but you can also look at H1 and M15 to confirm the entry. In a perfect entry, there should be RSI divergences in all 3 charts: H4, H1 and M15.
Observation is the path to discovery.
  • #14,966
  • Sep 22, 2018 4:58am Sep 22, 2018 4:58am
Quoting pcorneli
Dear Sir Mr Alorente. I picked up your basic idee from page 1 and based on the first Tmatrue (no source) i made a dashboard EA, trading all the pairs. For over 2 weeks now it reaches its Target (say 200) each day. All the smalltalk and quarelling on this site left aside, your idee is great. Thank you! Piet C.
Hi,
Can you share the EA and more info you are talking about.
Thanks brother
  • #14,967
  • Sep 22, 2018 11:50am Sep 22, 2018 11:50am
Quoting realjumper
{quote} Thank you for the thread Al. I look forward to setting this up and testing the system
Hi realjumper

can you give me Details how you deal with the reüainting please?
Thanks
  • #14,968
  • Edited 8:12pm Sep 23, 2018 7:21pm | Edited 8:12pm
hi
this is one of the indicators belong to this thread but looks like its decompiled code.

can someone post the original code, please ?


thanks



Attached File(s)
File Type: mq4 !_Fast_TMA.mq4   30 KB | 728 downloads





Attached Image (click to enlarge)
Click to Enlarge Name: tma.png Size: 65 KB

Attached Image (click to enlarge)
Click to Enlarge Name: tma-setting.png Size: 45 KB
A new journey in life ...
  • #14,969
  • Sep 23, 2018 11:35pm Sep 23, 2018 11:35pm
Quoting Alorente
50 Bars Back Indicator. This is important. You will see in my charts a dashed vertical Red line. This is the 50 Bars Back Indicator which I am attaching below. What is it used for?. It marks the 51th candle back from the current candle which is 0. Since my TMAs are 50 Period (50 candles), everything including and to the left of the 50 Bars Back indi is set in stone and will not repaint anymore. The bars to the right of the line will repaint and should not be given a lot of weight in analysis. I use it to analize steepness of the TMAs to the left...
changed this into a generic N bar back indicator. you can set the period in the setting.
hope its useful for some.

Attached File(s)
File Type: mq4 n Bars_Back.mq4   2 KB | 622 downloads
A new journey in life ...
  • #14,970
  • Sep 24, 2018 8:10am Sep 24, 2018 8:10am
Quoting tincog
hi this is one of the indicators belong to this thread but looks like its decompiled code. can someone post the original code, please ? thanks {file} {image} {image}
Hi tincog

please tell me how you deal with the repainting os your indi.
Thanks
  • #14,971
  • Sep 24, 2018 6:45pm Sep 24, 2018 6:45pm
Quoting wolfsch
{quote} Hi tincog please tell me how you deal with the repainting os your indi. Thanks
as Al mentioned while starting this thread, TMA is repainting and it needs years of experience to deal with that if you really are serious. most of the people I meet in person come into retail fx seeking quick money and get whacked in no time.

as a simple note, if you are looking TMA to provide quality "signals" then the half-length need to be what Al said, 50. and timeframe does matter as well.
A new journey in life ...
  • #14,972
  • Sep 24, 2018 11:12pm Sep 24, 2018 11:12pm
Hello all fellow traders .
This is for the benefit of many that want to use the TMA .
I am a fulltime user of the TMA same as Al .
I have to disagree with what tincog said above ,,, and i say this with all respect .
I trade intra day , and i use my TMA mainly on the 1 mnt chart and same as Al we both get almost 100% strike rate ,,,, Al trades the 4H and higher ,, so he is targeting a different outcome with greater tolerance also ,,,,, and we both use different settings on 1 TMA set .
So this is what i advise ,,,,
A trader needs to work out the time they want to trade to ,, Long term ,, short term ,,,,
Work out which pair they want to trade ,,,
Test different settings on that pair and the time frame they want o base their trading on ( all on strategy tester ) ,, which will clearly show them what would be the best settings to use .
I hope this will help many .
I am always happy to help ,, BUT ,, i do NOT waste my time monitoring threads , as i ONLY look at FF when i am bored ,,
So dont expect a quick answer or even any answer ,,,, u need to send me a message so i can see ur question please .
Cheers,
George
P.S.
Like Al have said ,,,,,
Do NOT be lazy ,, as much as i am happy to help ,,, I will NOT spoon feed everyone especially the ones who do NOT want to do the hard work and put the time in to do the research also .
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #14,973
  • Sep 25, 2018 12:50am Sep 25, 2018 12:50am
Quoting George AUS
Hello all fellow traders . This is for the benefit of many that want to use the TMA . I am a fulltime user of the TMA same as Al . I have to disagree with what tincog said above ,,, and i say this with all respect . I trade intra day , and i use my TMA mainly on the 1 mnt chart and same as Al we both get almost 100% strike rate ,,,, Al trades the 4H and higher ,, so he is targeting a different outcome with greater tolerance also ,,,,, and we both use different settings on 1 TMA set . So this is what i advise ,,,, A trader needs to work out the time...
Absolute perfect with me mate

I'm a beginner with a big appetite for learning and been actively reading and learning.. so all my knowledge is bookish and not real. Glad to hear from you and happy to note that I'm on the right track by choosing TMA.

want to be an intraday trader like you, will need all your advise
A new journey in life ...
  • #14,974
  • Sep 25, 2018 5:32am Sep 25, 2018 5:32am
Quoting tincog
{quote} Absolute perfect with me mate I'm a beginner with a big appetite for learning and been actively reading and learning.. so all my knowledge is bookish and not real. Glad to hear from you and happy to note that I'm on the right track by choosing TMA. want to be an intraday trader like you, will need all your advise
Hello There ,,,
Trading is an amazing business ,, i love it with a passion .
I am more than happy to share what ever i can to help people .
Pls feel free to message me cause i do NOT talk about my theories in public forums , and also it is NOT something i can explain by typing simply because charts are needed , and of course i refuse to be a slave to typing . so VOICE via Skype is the ONLY way i am prepared to talk to people with all due respect
Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #14,975
  • Oct 10, 2018 12:30pm Oct 10, 2018 12:30pm
The indicator on page one 10.2 TMA Slope Indicator does not match the values of the Extreme TMA info 040 - does anyone know what I did wrong?
  • #14,976
  • Oct 10, 2018 12:36pm Oct 10, 2018 12:36pm
Quoting fire680
The indicator on page one 10.2 TMA Slope Indicator does not match the values of the Extreme TMA info 040 - does anyone know what I did wrong?

Hi fire680. Im no expert but maybe have a look at the periods of the 10.2 slope indicator and the angle input. I remember the page one settings are 56 periods.
Stick to the plan!
  • #14,977
  • Oct 11, 2018 6:59pm Oct 11, 2018 6:59pm
Quoting fire680
The indicator on page one 10.2 TMA Slope Indicator does not match the values of the Extreme TMA info 040 - does anyone know what I did wrong?
make sure that your TMA and TMA slope indicator are of the same period. Al recommends it at 56 or 50 but you can change it if you want to experiment. cheers
  • #14,978
  • Oct 12, 2018 7:19am Oct 12, 2018 7:19am
please give me last indicator for this system
  • #14,979
  • Oct 14, 2018 1:04pm Oct 14, 2018 1:04pm
buenas tardes Al, he estado viendo tu sistema y me parece muy interesante, para intentar probarlo he bajado la plantilla e indicadores del post 1 Me salieron correctamente, pero luego me encuentro en tu post 18, que la plantilla e indicador son distintos y precisamente son estos los que has estado trabajando en todo este tiempo, yo me he debido perder algo, te pido, por favor, si usted puede volver a colocar o decirme donde localizarlo, le estaría muy agradecido.
Me has dado mucha alegría ver en inglés publicar un sistema en ff, yo soy de Madrid.
un saludo muy fuerte, y gracias por publicar, de igual forma doy gracias a todos los que está publicando aquí, porque dais calidad al sistema.
Un saludo a todos
  • #14,980
  • Oct 14, 2018 1:06pm Oct 14, 2018 1:06pm
Quise decir, que me daba alegría que un español publique en ff, su sistema, porque es muy difícil, ver esto.
Gracias
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