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Price action at the core / tma intra day

  • #2,961
  • Mar 29, 2019 9:31am Mar 29, 2019 9:31am
Quoting MrAlex
Hello everybody, I have read all George's posts more times. I can't find a definition of Tma pressure Zone? Which lines should it be? Thank you. Best regards, Alex
it is the last zone in the tma from above and below band and when it touches the highs and the lows that we are mentioned
  • #2,962
  • Mar 29, 2019 10:11am Mar 29, 2019 10:11am
Quoting XorcisM-
Only 1 option in MT5 version. {image} -SuraJ
Hi!

You can use below from Mladen
Attached File(s)
File Type: mq5 tma_centered_bands.mq5   7 KB | 497 downloads
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  • #2,963
  • Mar 29, 2019 10:15am Mar 29, 2019 10:15am
The snake has cleaned up the tail before going North!
3 weeks stop hunts!!!
It may have big leap in near future, be patient!

Edwart
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png Size: 67 KB
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  • #2,964
  • Mar 29, 2019 10:45am Mar 29, 2019 10:45am
Quoting MhMd3eZZ
{quote} it is the last zone in the tma from above and below band and when it touches the highs and the lows that we are mentioned
Hi, thank you so much. Now is clear.
Cheers,
Alex
  • #2,965
  • Mar 29, 2019 12:58pm Mar 29, 2019 12:58pm
One more trade.. the key here was patience .. so no need to jump immediately after news..
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad-m15-activtrades-plc-2.png Size: 54 KB
  • #2,966
  • Edited 3:01pm Mar 29, 2019 1:53pm | Edited 3:01pm
Hey @Fulla and @Xperience thank you both for the help. But they are still giving different results with same inputs.

TMA MT4 version
Attached Image (click to enlarge)
Click to Enlarge Name: MT4.JPG Size: 96 KB


TMA MT5 version
Attached Image (click to enlarge)
Click to Enlarge Name: mt5.JPG Size: 94 KB


Don't know what's wrong with settings.

-SuraJ
  • #2,967
  • Mar 29, 2019 2:08pm Mar 29, 2019 2:08pm
Quoting XorcisM-
Don't know what's wrong with settings.
@XorcisM- -- you attached charts from different currency pairs -- GBPUSD (MT4) and GBPJPY (MT5). How can you compare the two?
  • #2,968
  • Mar 29, 2019 2:56pm Mar 29, 2019 2:56pm
Quoting robots4me
{quote} @XorcisM- -- you attached charts from different currency pairs -- GBPUSD (MT4) and GBPJPY (MT5). How can you compare the two?
Sorry just tired here.. will upload the G/J one.
  • #2,969
  • Mar 29, 2019 3:14pm Mar 29, 2019 3:14pm
Quoting XorcisM-
{quote} Sorry just tired here.. will upload the G/J one.
Hey Suraj

My apologies for not be able to help you.

I did look into maybe changing the code, and could see some places that would make a difference. But unfortunately I could only change some numbers and it will not suite the purpose.

Contact Bushy om PM, I really think he will not mind assisting you.

Real luck. No Real pips on your journey.

Herman
  • #2,970
  • Mar 29, 2019 3:29pm Mar 29, 2019 3:29pm
Quoting Voelhok
{quote} Hey Suraj My apologies for not be able to help you. I did look into maybe changing the code, and could see some places that would make a difference. But unfortunately I could only change some numbers and it will not suite the purpose. Contact Bushy om PM, I really think he will not mind assisting you. Real luck. No Real pips on your journey. Herman
Hey Herman thank you for looking at the code. Really appreciate it. i was reading some guide on converting mt4 to mt5 and tired for several hours on metaeditor lol. this programing stuff is so hard to understand. Will contact Bushy.

-SuraJ
  • #2,971
  • Mar 29, 2019 5:03pm Mar 29, 2019 5:03pm
Quoting XorcisM-
Hey @Fulla and @Xperience thank you both for the help. But they are still giving different results with same inputs. TMA MT4 version {image} TMA MT5 version {image} Don't know what's wrong with settings. -SuraJ
The key part is what is happening at the right hand side of the chart. I use FastlineTMA (for the alert function) and TMAtrue to see when the tide turns. Both will show exact same thing only for the present candle if the settings match. What happens 50 bars ago is irrelevant as long as what happens now is correct.
Hope this helps
Simon.
  • #2,972
  • Mar 29, 2019 5:37pm Mar 29, 2019 5:37pm
Quoting tranqility
I use FastlineTMA (for the alert function) and TMAtrue to see when the tide turns.
@tranqility -- thank you for pointing out the FastlineTMA. I found a version of the indicator -- probably not the same as yours (since no alerts) -- and while experimenting found it most useful. Thank you...
  • #2,973
  • Mar 29, 2019 5:39pm Mar 29, 2019 5:39pm
Another good week for me. My win rate is down but I have been working on recognizing and cutting poor trades quickly. I got caught on wrong side of the Brexit vote at end of week so have large DD on the GU. Hopefully the Brexit roller coaster will put me back in the black next week if the market takes out the upper target.
Cheers
Simon
Attached Image (click to enlarge)
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  • #2,974
  • Mar 29, 2019 5:47pm Mar 29, 2019 5:47pm
Quoting robots4me
{quote} @tranqility -- thank you for pointing out the FastlineTMA. I found a version of the indicator -- probably not the same as yours (since no alerts) -- and while experimenting found it most useful. Thank you...
Sorry I'm a bit dyslexic, the indicator is FastTMAline. Here is the one I use from Al's Extreme TMA thread. You can edit so it loads with your preferred settings.
https://www.forexfactory.com/showthr...9#post11737359
  • #2,975
  • Mar 29, 2019 5:56pm Mar 29, 2019 5:56pm
Quoting MhMd3eZZ
ok can any one answer my question can we make an extra caution decision based on any indicator or strategy to enhance our odds and to avoid caught in a waterfall
Hi <insert your name here>, not really an answer for you but check this post:

https://www.forexfactory.com/showthr...9#post12173729

(Another shameless plug! Would like to leave this thread for charts of real trades)
&quot;When the facts change, I change my mind&quot;
  • #2,976
  • Mar 29, 2019 6:00pm Mar 29, 2019 6:00pm
Quoting tranqulity
Here is the one I use from Al's Extreme TMA thread. You can edit so it loads with your preferred settings.
@tranqility -- excellent -- thank you very much...
  • #2,977
  • Mar 29, 2019 6:12pm Mar 29, 2019 6:12pm
Quoting amundo
(Another shameless plug! Would like to leave this thread for charts of real trades)
@amundo -- I just now noticed your new thread -- nice.

George has referred to the fractal nature of the market a number of times -- i.e. not only do patterns repeat, but the same patterns are used to make larger patterns. I think the chart you linked to is another example of that. You can see the same patterns used to build larger patterns.

I don't yet understand fully how to take advantage of the fractal patterns -- but it is certainly interesting to spot them.
  • #2,978
  • Mar 29, 2019 7:45pm Mar 29, 2019 7:45pm
Quoting robots4me
{quote} @amundo -- I just now noticed your new thread -- nice. George has referred to the fractal nature of the market a number of times -- i.e. not only do patterns repeat, but the same patterns are used to make larger patterns. I think the chart you linked to is another example of that. You can see the same patterns used to build larger patterns. I don't yet understand fully how to take advantage of the fractal patterns -- but it is certainly interesting to spot them.
Thanks. What I wanted to point out was seeing what targets the MM was going for, and looking back it seemed they were taking out the mid-November 2018 lows. (In that case, it took a zoom out on the Daily chart to see that particular target).
&quot;When the facts change, I change my mind&quot;
  • #2,979
  • Mar 29, 2019 9:58pm Mar 29, 2019 9:58pm
Quoting robots4me
{quote} @amundo -- I just now noticed your new thread -- nice. George has referred to the fractal nature of the market a number of times -- i.e. not only do patterns repeat, but the same patterns are used to make larger patterns. I think the chart you linked to is another example of that. You can see the same patterns used to build larger patterns. I don't yet understand fully how to take advantage of the fractal patterns -- but it is certainly interesting to spot them.
Think of fractals as highs and lows of a larger or smaller time frame. A fractal top using 5 bars on an M5 is simply an upper wick on an M25 chart. So, when you are looking at any wick on the time frame you are on, you are looking at a fractal on some lower time frame. You can then look at a wick on your observation chart and go down and wait for a fractal to appear on the trade chart for a tighter entry. I only responded here because it was you who asked.
If you are good at something, never do it for free--Joker
  • #2,980
  • Mar 29, 2019 10:45pm Mar 29, 2019 10:45pm
George-

I just wanted to say I have been following the thread closely and appreciate all of your insight!! It has been eye opening and I am grateful for all that you share unselfishly. Whenever you are available for a skype session I would be very appreciative to have the opportunity.

I hope you and your family have a great weekend!
Wade
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