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Extreme TMA System

  • #15,381
  • Dec 19, 2018 3:49am Dec 19, 2018 3:49am
Quoting JediForex
Morning update: EURUSD is a good trade: breakout TMA and slope H4 e D1 are SHORT but pay attention, slopes are lower than yesterday..... {image}
Thanks. I am short EurUsd. I will let it run to the D1 lower band, maybe even the lower W1 band. I can afford to do this because it is positive swap. It is nice to get paid while you wait.

There is some risk due to FOMC today, but I entered short anyway...
Observation is the path to discovery.
  • #15,382
  • Edited 4:43am Dec 19, 2018 4:04am | Edited 4:43am
Tip:

Always be on the lookout for H4 - D1 overlaps like the one pictured (CadJpy). An H4-D1 overlap consists of the H4 TMA overlapping the outer D1 TMA band with a divergence present on the RSI and generally against resistance/support areas. They tend to be powerful and you can ride them for big pips. Caution: It is very important not to enter early on these trades.

Sometimes, you also get H1-H4-D1 overlaps which are solid trades when the trend changes.
Attached Image (click to enlarge)
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Observation is the path to discovery.
  • #15,383
  • Dec 19, 2018 10:55am Dec 19, 2018 10:55am
USDCAD....1h ago great signal BUY .3416 .....now UC is .3436 ....20pips easy easy
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  • #15,384
  • Edited 8:34pm Dec 19, 2018 8:13pm | Edited 8:34pm
Well Beautiful people ,,,,,
It sure has been immensely productive ,,, but yet very exciting 3 days here at the TRADING BUNKER hahahahaha ,,, as WE have been fully at it fine tuning the latest invention with the THA trading at the intraday level ,,, with amazing results ,,,,
WE managed to get this game soooooo tight now ,,, and it is very very exciting to say the least ,,,,,
Amazing trading day yesterday on both the GJ and the GU ,,,, as the theory and the system put in place achieved a 100% strike rate on both on EVERY SETUP presented through the 24 hour period of both ,,,,,,,
Achieving 100 pips and HIGHER from each pair a day ,,,,, can easily become a DEFAULT on most pairs trading them on an intraday level,,,,,
This is what can be achieved with the right approach and system ,,,,,
Hope this WILL INSPIRE some traders to ,,,
DO THE WORK ,, ,,,, and more importantly ,,,
BECOME BOUNDLESS in ur thinking ,,,,,,
BE CREATIVE with ur TMA settings ,,,, HINT HINT HINT ! ! ! !
Anything in life can be achieved guys ,,,,
Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #15,385
  • Dec 20, 2018 8:02am Dec 20, 2018 8:02am
W1 slope is not showing up on any of the indicators for me, can any help me out with the solution please? And also does anybody have the TMASlope Norm indicator with alerts? will greatly appreciate it if someone can post it or add alerts to it.. it is very useful in getting great entries without sitting infront of the pc waiting for a signal..
Jehovah Jireh
  • #15,386
  • Dec 20, 2018 1:26pm Dec 20, 2018 1:26pm
Bit of bad luck lately, both my USDJPY trade and EURCAD trade hit their stoplosses of 100 and 150 pips respectively
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 66 KB
Click to Enlarge Name: EURCADH4.png Size: 63 KB
  • #15,387
  • Dec 20, 2018 1:30pm Dec 20, 2018 1:30pm
Quoting Alorente
.... Caution: It is very important not to enter early on these trades. Sometimes, you also get H1-H4-D1 overlaps which are solid trades when the trend changes. {image}
Hi Alorente,

Thank you for system and tips / hints. TMA it is very close to me for at least two reasons 1) I am a physicist and astronomer, and I really like comparing the price to the pendulum and 2) that I've basically been working on something similar for a few months.
However, I always have a problem with determining the entry point (neither too early nor too late) Of course, I use the method of partial positioning.
Do you have any tips on how to determine whether it is already a good time to enter, or is it an extreme ? or there is no such a thing and we have to take it as a risk?
  • #15,388
  • Dec 20, 2018 3:47pm Dec 20, 2018 3:47pm
Quoting 00PIP
Bit of bad luck lately, both my USDJPY trade and EURCAD trade hit their stoplosses of 100 and 150 pips respectively {image} {image}
Same here!
  • #15,389
  • Dec 20, 2018 4:05pm Dec 20, 2018 4:05pm
Quoting luiboy
{quote} Same here!
Mates please share yours setups and why You entered. It help all of us to better understand and maybe making less errors. Thank You in advance.
  • #15,390
  • Edited Dec 21, 2018 1:12am Dec 20, 2018 6:00pm | Edited Dec 21, 2018 1:12am
Quoting FunkyKoval
{quote} Mates please share yours setups and why You entered. It help all of us to better understand and maybe making less errors. Thank You in advance.
Hello Funky ,,,
Sorry BUT i could NOT help but ,,,, bring something to the table here based on what u r writing and asking ,,,,,,
This game called trading is EXTREMELY simple in its base ,,, and how it is run ,,,,, ONCE a trader builds a FULL and COMPREHENSIVE UNDERSTANDING of PRICE ACTION ,,,,
NO INDICATOR will give u any accuracy and consistency to the level PRICE ACTION UNDERSTANDING will do ,,,,,, PLEASE UNDERSTAND THIS ,,, i am speaking from first hand experience ,,
To clarify consistency to MY standards ,,, it MUST BE over 90% ,,,, and once one have done that ,,, then with the right filters and rules one WILL BE able to minimise further 90% of the 10% missing ,,,, ,,, which will take one's accuracy to the 98% to 99% ,,,
What i am saying IS A FACT ,, as that is EXACTLY the kind of results that we are achieving in our small LIVE trading family ( group ) of dedicated traders that work together with me everyday of the trading week .
Hope this will help u in ur searching for something to go by ,,,
Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #15,391
  • Dec 20, 2018 6:08pm Dec 20, 2018 6:08pm
Quoting luiboy
{quote} Same here!
I am NOT surprised sir ,,,,
Continue on ur path and good luck ,,,,
Atleast u can NOT say I DID NOT TRY ! ! ! !
Sorry to hear u guys are suffering . ,,,
Trading on GUESSING and HOPE ,,,, and NO understanding of the game u r in ,,,, will NOT get nay trader anywhere
Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #15,392
  • Dec 20, 2018 7:52pm Dec 20, 2018 7:52pm
Quoting George AUS
{quote} I am NOT surprised sir ,,,, Continue on ur path and good luck ,,,, Atleast u can NOT say I DID NOT TRY ! ! ! ! Sorry to hear u guys are suffering . ,,, Trading on GUESSING and HOPE ,,,, and NO understanding of the game u r in ,,,, will NOT get nay trader anywhere Cheers, George
Not giving up!

Shouldn't be a problem if entered in threes and should have widen the SL.


Quoting Alorente
Another tip: Enter in Threes... Divide your entries. If you find you are moving into DD after your entries, enter with a third of your position initially, a second third if price moves against you and the final third if it moves further against you. Exit in threes also to lock in some profits. Be flexible... Rules are not written in stone...
  • #15,393
  • Dec 20, 2018 10:24pm Dec 20, 2018 10:24pm
Hello Al and everybody,
I am a pretty newbie In trading , it is one year I am trading and everyday I am improving, often falling but never giving up. It is ten days I am following this trategy and I wish to make congratulations to Al for sharing his knowledge. It is wonderful to see someone sharing his know how in a selfish world as nowadays. All of you too sharing idea in a polite way. I did not read all 700 post , this is my premise , and you can f...me but I am trying to understand deeply FX. It is a my trait in all field I face.
- how did you determine the 2.5 multiplier you use to draw the linf the bands of FMA? Just as trial Sand error or some calculations special you use?
- the rule in post 1 consider the ranging slope as an area where I can trade both directions, usually of the 3 time frame wdh4 when you are searching the right trade how many of them are not in ranging mode? 2/3 in buy or sell or 1/3 ? I am asking this because in trigger time it is difficult to be 3/3 with the right slope.anyway, If I understand well the slope give us the understand of the power of the move.
- I found the exact formula of TDA but I did not the formula to draw the outer band with multiplier using ATR, can any geek you give it to me I wish to deep understand how to derive the strategy from the math formula.
Thanks everyone again .
Sorry for my English .
The way to the deep learning is far but I start see some signal of improvement after many pains.
Paolo
  • #15,394
  • Dec 20, 2018 11:41pm Dec 20, 2018 11:41pm
Hi, y'all.
I have been following this system for a few weeks now.
Great stuff. If there is anyone who can help me out with the MTF TMA indicator, please...
My broker is ICMarket and their MT4 is build 1160.
I get many errors when I compile the uploaded TMA.
I am not a coder at all.
I can not use the uploaded TMA indicator at all. Tried to buy one on MQL5 as well but no MTF MTA it seems.
Can anyone help me out, please.
I am including screen snapshots of error messages.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-12-21 at 2.36.54 PM.png Size: 62 KB
Click to Enlarge Name: Screen Shot 2018-12-21 at 2.36.06 PM.png Size: 48 KB
  • #15,395
  • Edited 1:29am Dec 21, 2018 1:17am | Edited 1:29am
Quoting rez120
Hi, y'all. I have been following this system for a few weeks now. Great stuff. If there is anyone who can help me out with the MTF TMA indicator, please... My broker is ICMarket and their MT4 is build 1160. I get many errors when I compile the uploaded TMA. I am not a coder at all. I can not use the uploaded TMA indicator at all. Tried to buy one on MQL5 as well but no MTF MTA it seems. Can anyone help me out, please. I am including screen snapshots of error messages. {image} {image}
Hello Rez,
Here is the indicator sir ,,,,,
Sorry can NOT help u with the template cause i dont use it and have my own settings ,,, ,,, BUT the settings used here are 50 with ATR 500 ,,,,, Multiplier of 2.5
Hope it helps ,,
Cheers,
George
Attached File(s)
File Type: ex4 FastTMALine.ex4   11 KB | 1,258 downloads
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #15,396
  • Dec 21, 2018 1:20am Dec 21, 2018 1:20am
Thank you. I hope this will work. It might got to do with MQL5 website, who knows. Thanks again.
  • #15,397
  • Dec 21, 2018 1:26am Dec 21, 2018 1:26am
Quoting paolo7
Hello Al and everybody, I am a pretty newbie In trading , it is one year I am trading and everyday I am improving, often falling but never giving up. It is ten days I am following this trategy and I wish to make congratulations to Al for sharing his knowledge. It is wonderful to see someone sharing his know how in a selfish world as nowadays. All of you too sharing idea in a polite way. I did not read all 700 post , this is my premise , and you can f...me but I am trying to understand deeply FX. It is a my trait in all field I face. - how did you...
I love the passion u write with Paolo ,,,,,
I will answer u ,,, but it is based on my humble knowledge and experience of 20 years in this game ,,,,,
Before u build the knowledge behind the TMA tool ,,, have you MASTERED PRICE ACTION yet ????
That is you FOUNDATION first before any tool or any indicator ,,,,
If there is ONE top advise i can give u or any trader ,,,, THIS IS IT ,,,
To answer ur question about the multiplier number ,,,,, i can only advise u this ,,,,
Become INNOVATIVE my friend ,,,, and dont be SHEEP , like the rest of the herd .
Hope this will start to bring light to your journey ,,,
Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #15,398
  • Dec 21, 2018 1:38am Dec 21, 2018 1:38am
Quoting rez120
Hi, y'all. I have been following this system for a few weeks now. Great stuff. If there is anyone who can help me out with the MTF TMA indicator, please... My broker is ICMarket and their MT4 is build 1160. I get many errors when I compile the uploaded TMA. I am not a coder at all. I can not use the uploaded TMA indicator at all. Tried to buy one on MQL5 as well but no MTF MTA it seems. Can anyone help me out, please. I am including screen snapshots of error messages. {image} {image}
Dear rez120,

Please try the ex4 kindly posted by George_AUS as it will not need compiling. Otherwise to get that one to compile, simply change all "char" into "_char" by using find and replace (same as in text editor like MS Word). Hopefully that should do the trick.

Kind Regards,
Tzamo
"Work hard, put in the effort, and follow your dreams..." -Me
  • #15,399
  • Dec 21, 2018 3:00am Dec 21, 2018 3:00am
Quoting George AUS
{quote} Hello Funky ,,, Sorry BUT i could NOT help but ,,,, bring something to the table here based on what u r writing and asking ,,,,,, This game called trading is EXTREMELY simple in its base ,,, and how it is run ,,,,, ONCE a trader builds a FULL and COMPREHENSIVE UNDERSTANDING of PRICE ACTION ,,,, NO INDICATOR will give u any accuracy and consistency to the level PRICE ACTION UNDERSTANDING will do ,,,,,, PLEASE UNDERSTAND THIS ,,, i am speaking from first hand experience ,, To clarify consistency to MY standards ,,, it MUST BE over 90% ,,,,...
Hello George AUS,

Thank you very much for the answer. I think the same, but on the other hand it is not the answer to my question tho

Yes, I agree that PA is the most important, what's more important is the story that MM paint us with candles on the charts. Understanding this story, which they paint plus PA gives me great results. TMA and idicators are only additional filter and confirmation by confluence - and I like Extreme TMA elements to this.

On the other hand, I wanted to find out why the colleagues who lost decided to enter the position. Was a) a technically correct setup and it just went wrong this time b) whether they stretched some conditions for the correct setup c) or ate their emotions d) other ...

For me the best training is analysing wrong and lost positions not good (this is simple)

Thanks in advance for your understanding
  • #15,400
  • Dec 21, 2018 3:49am Dec 21, 2018 3:49am
Update.....all crosses in trend, at moment no good entries
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