MTF TMA | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

TMA Reality Tour 116 replies

Happs with TMA Trading Journal 25 replies

Mladen TMA +CG 4C AA MTF TT indicator 4 replies

MTF Stochastics into MTF Stoch Histogram 8 replies

SnakeForce - simple TMA with alert? 3 replies

Attachments: MTF TMA
Exit Attachments

MTF TMA

  • #61
  • Jan 10, 2011 5:24pm Jan 10, 2011 5:24pm
Greetings all,

Thanks to "TREAD" for making this indicator! Now I believe all you have to do is turn the "Email Alert" to "ON" to receive an email when this indicator triggers.

Thanks Tread!
Attached File(s)
File Type: ex4 DL_X-ZZ.ex4   6 KB | 1,354 downloads
  • #62
  • Jan 10, 2011 5:26pm Jan 10, 2011 5:26pm
Now we are on the move for sure thank Him for Me, and you for your hard work.
Quoting Dreamliner
Greetings all,

Thanks to "TREAD" for making this indicator! Now I believe all you have to do is turn the "Email Alert" to "ON" to receive an email when this indicator triggers.

Thanks Tread!
  • #63
  • Edited 5:51pm Jan 10, 2011 5:49pm | Edited 5:51pm
If i get this right then there are recent buy trades for EUR/USD and XAU/USD right ?
That semaphore appeared a few bars back and price broke daily resistance

Would like to hear a yes , cos then price would be almost identical to the fifth digit when "my" system shows a buy signal as well.

And not to forget , thanks for sharing your idea !
  • #64
  • Jan 10, 2011 10:42pm Jan 10, 2011 10:42pm
You got it sir place a buy stop st the grey dot and be patient. Gold is buying against the Daily trend so it will be a while for it to get
to an upper resistance.
Quoting blutkehlchen
If i get this right then there are recent buy trades for EUR/USD and XAU/USD right ?
That semaphore appeared a few bars back and price broke daily resistance

Would like to hear a yes , cos then price would be almost identical to the fifth digit when "my" system shows a buy signal as well.

And not to forget , thanks for sharing your idea !
  • #65
  • Edited 6:21am Jan 11, 2011 6:18am | Edited 6:21am
The entries were triggered by the system i trade, and after watching on yours i instantly became aware that both trigger almost at the same price, when i checked my last 20 trades.

Gold already closed in profit by the way. EUR was ranging all night and now its slightly in profit as well, but EUR could take a while.

Back to on-topic : If i get you right, a valid entry is only an entry which has broken the 1D S/R and not just the 4h S/R , and TP are the lines who are between daily S/R and vice versa ?
  • #66
  • Jan 11, 2011 7:35am Jan 11, 2011 7:35am
Ok... so exactly, what am I looking at on the 4 hour setup that is suggested on the first page? How does this one work?
  • #67
  • Jan 11, 2011 9:40am Jan 11, 2011 9:40am
Large Loss on USD/CHF. This is a bit difficult because the SEMA4 moves/repaints, so that when you enter short, for instance, you may just be entering on a consolidation of a large uptrend. Be careful with this!
  • #68
  • Jan 11, 2011 10:35am Jan 11, 2011 10:35am
Quoting Dreamliner
Large Loss on USD/CHF. This is a bit difficult because the SEMA4 moves/repaints, so that when you enter short, for instance, you may just be entering on a consolidation of a large uptrend. Be careful with this!
It will repaint until the pair stops going in the same direction. I personally watched it repaint 17 straight times on a half chart. That's over 8 hours of repaint on a one hour chart. I have had some lengthy posting on this indicator with a person who swears by it. A visual of a chart does not paint an accurate picture of history, and makes it appear that one "could" have gotten in at an optimal entry.

But, in defense of this system, he is not saying to get in when the SEMA4 first appears, but to set an order at the nearest line. What this should do is get you in when there is a sustained reversal, instead of a temporary blip.

Much to my chagrin, I find that the SEMA4 eats up my CPU and slows my screen to a halt, with temporary freezing or maddeningly slow response. Unless and until I get a new computer, I have to discontinue using this system.
  • #69
  • Jan 11, 2011 10:38am Jan 11, 2011 10:38am
In which kind of trade you were on USD/CHF , Dreamliner?

As far as i understand this MTF_TMA system showed a buy signal about a week ago if you take the dayly line as criterion for your entry, "my " system also showed a very risky sell yesterday , a sell signal also apeared with MTF_TMA around the same time , but only if you would have taken 4H tma line breach as entrypoint. First signal was a clear winner secound was a loss . Again only as far as i understand this system.
  • #70
  • Jan 11, 2011 1:08pm Jan 11, 2011 1:08pm
Here is an example of a tradethat I will be looking to enter Long. EJ has a
Blue Buy extreme Semaphor and went up to a X-ZZ silver and is nor retracing. Be patient and wait for the retrace to be ever and go long when the opposing silver is formed. Sorry for the short post will do more later after work.
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 22 KB
  • #71
  • Jan 11, 2011 1:19pm Jan 11, 2011 1:19pm
Thanks for your explanation , but why didnt you take the the trade after the prices breached the dotted green line going upwards?
  • #72
  • Jan 11, 2011 1:41pm Jan 11, 2011 1:41pm
Quoting blutkehlchen
Thanks for your explanation , but why didnt you take the the trade after the prices breached the dotted green line going upwards?
Because of the silver dot. That's where I exit my previous long. Now I await the price pullback to go long again. If anyone took a short on the top green dotted line set a stop loss at the silver dot.
  • #73
  • Jan 11, 2011 1:58pm Jan 11, 2011 1:58pm
I see , but doesnt the silver dot repaints as well ? If so , wouldnt it be wiser to use the lines as TP Points?
  • #74
  • Jan 11, 2011 2:08pm Jan 11, 2011 2:08pm
What do you think about shorting GBP/JPY right now? See Chart...
Attached Image (click to enlarge)
Click to Enlarge Name: hook.gif Size: 17 KB
  • #75
  • Jan 12, 2011 1:56am Jan 12, 2011 1:56am
hi friends
yesterday after reading the interview between mgs and DL...understood as one enters the market

saludos
Attached Image (click to enlarge)
Click to Enlarge Name: vvvv.gif Size: 91 KB
  • #76
  • Jan 12, 2011 2:02am Jan 12, 2011 2:02am
TMA 240 (WHITE) - TMA 1440 (GREEN)

I have personally GREEN POWER LINES DELETED FOR CLARITY
  • #77
  • Jan 12, 2011 2:19am Jan 12, 2011 2:19am
CLOSED IN THE NIGHT
Attached Image (click to enlarge)
Click to Enlarge Name: xxxx.gif Size: 105 KB
  • #78
  • Jan 12, 2011 6:10am Jan 12, 2011 6:10am
Quoting porfirio
CLOSED IN THE NIGHT

You have a different setup from the original posted in the first post, however, it seems to be working for you. What do you use for your entry point, the closest TMA line of the 240 or the closest TMA line of the 1440?
  • #79
  • Jan 12, 2011 7:05am Jan 12, 2011 7:05am
the price crosses the more remote tma

confuguracion is the same, but he removed the tma60 and lines of center the tma's 240-1440

do not speak english ... Sorry
  • #80
  • Jan 12, 2011 7:38am Jan 12, 2011 7:38am
Graphics i have left the clean as possible to see the price movement as a function of the tma's angle
Attached Image (click to enlarge)
Click to Enlarge Name: angulo tma´s.gif Size: 38 KB
2 traders viewing now