MTF TMA | Page 6 | 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

  • #101
  • Jan 13, 2011 8:00am Jan 13, 2011 8:00am
NOT TO BE SO, IT WOULD THE HOLY GRAIL

I do not use ... I MAY USE A TSL
  • #102
  • Jan 13, 2011 1:31pm Jan 13, 2011 1:31pm
Quoting momo2k11
Hi All

The sema4x and x-zz indicators repaint quite alot is there any way we can minimise this?

Cheers
Because we do not use the semaphore to entry the more it repainted the more money we make. When they appear trail by 50
  • #103
  • Jan 13, 2011 3:18pm Jan 13, 2011 3:18pm
hi MGS1F

I am sorry for my ignorance but i dont understand what u are saying can u show me in a picture chart or something?

thanks

Mo
  • #104
  • Jan 13, 2011 3:47pm Jan 13, 2011 3:47pm
Quoting porfirio
just deleted because my eyes know the picture, that has not seen the TMA 60 .... TMA 240-1440 however not intuit

but if you still need it .... Use it

for me the important thing is that the market is oversold or overbought and that there will be an adjustment .... w1 stochastc observes in all pairs of what I have entered please
know the stochastic and one or two or three candles will be affected, and this many pips in w1

sorry for my English
What I use the TMA H1 for is to see when it over shoots the 4H that's when the trade is overbought and vice versa. 100% of the time on any chart there is an upcomming trend change and that's how its done.
Now after the change the opposite 4H line of the TMA becomes my initial target.
  • #105
  • Jan 13, 2011 3:56pm Jan 13, 2011 3:56pm
Quoting momo2k11
hi MGS1F

I am sorry for my ignorance but i dont understand what u are saying can u show me in a picture chart or something?

thanks

Mo
We enter on the H1 TMA at the top or bottom of the curve when it has crossed up or down the 4H line. We introduce a trailing stop of 40-50 pips when you get a signal from the semaphore. Sorry I am on a mobile phone and cannot post pictures but some were poster earlier in the thread.
  • #106
  • Jan 13, 2011 6:01pm Jan 13, 2011 6:01pm
But you dont trade against D1 trend right ?

For example when the price already has broken the lowest D1 TMA , you assume that it will reach upper D1 TMA band sooner or later ?
So if you are somewhere in between that both extremes you wait for chances to buy , after price retraces from upper 4H , like trendchannel trading?
  • #107
  • Jan 13, 2011 6:13pm Jan 13, 2011 6:13pm
Quoting blutkehlchen
But you dont trade against D1 trend right ?

For example when the price already has broken the lowest D1 TMA , you assume that it will reach upper D1 TMA band sooner or later ?
So if you are somewhere in between that both extremes you wait for chances to buy , after price retraces from upper 4H , like trendchannel trading?
There was a reference in the first post made to adding sixths to 4H chart with 1440 TMA to guage long term trend, however, no one ever answered my question as to what to look for here and how the indicators work together on the chart. Still waiting for a response to that one. Anyone?
  • #108
  • Jan 13, 2011 6:36pm Jan 13, 2011 6:36pm
not complicate the life .... forget the sixth ... you use TMA 240-1440 and if you want the 60 ... with that is more than enough.

I do not understand the sixth indicator .... I do not want to complicate something so simple and effective

Sorry can not help ... maybe it does mgs
  • #109
  • Jan 14, 2011 5:53am Jan 14, 2011 5:53am
Your still the price .... Across the bands

at this time to move the sl yo the point of entry
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud-usd w1.gif Size: 23 KB
Click to Enlarge Name: aud-usd h1.gif Size: 33 KB
  • #110
  • Jan 14, 2011 6:19am Jan 14, 2011 6:19am
EVOLUTION
Attached Image(s) (click to enlarge)
Click to Enlarge Name: open.gif Size: 83 KB
Click to Enlarge Name: closed.gif Size: 97 KB
  • #111
  • Jan 14, 2011 8:27am Jan 14, 2011 8:27am
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd.gif Size: 30 KB


I this a valid set up on the EUR/USD?

Regards.
  • #112
  • Jan 14, 2011 8:48am Jan 14, 2011 8:48am
Quoting ron20
Attachment

I this a valid set up on the EUR/USD?

Regards.

Entry triggered at 1.3347, stop loss 1.3397.

Weary of the stochs though as they're approaching the oversold level.

Oh darn
  • #113
  • Jan 14, 2011 9:38am Jan 14, 2011 9:38am
Quoting ron20
Entry triggered at 1.3347, stop loss 1.3397.

Weary of the stochs though as they're approaching the oversold level.

Oh darn
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd2.gif Size: 13 KB

Suggestions anyone - What did I do wrong?

Should I use a larger stop, say at the last swing high - 1.3448? Is anyone considering the R:R before placing a trade.

Should the entry have been when price passes through the H1 TMA or the H4 TMA?

Is this why some folks aren't using the H1 TMA and using the H4 and D1 instead? As in - too much noise on the H1.

Regards and thanks in advance.

  • #114
  • Jan 14, 2011 11:52am Jan 14, 2011 11:52am
As far i understand and demo traded this strategy its about a breach of the 1D or 4h (if in 1D direction) TMA line , so your entry was wrong, well not wrong in terms of direction but just to early . But again its just how i would have done this maybe the the nice guy who shared his idea with us has another opnion.

And about the SL , the thread starter uses a few pips behind last semphor , so yes latest swing high low would be sane if risk reward is still ok then
  • #115
  • Jan 14, 2011 12:45pm Jan 14, 2011 12:45pm
Quoting blutkehlchen
As far i understand and demo traded this strategy its about a breach of the 1D or 4h (if in 1D direction) TMA line , so your entry was wrong, well not wrong in terms of direction but just to early . But again its just how i would have done this maybe the the nice guy who shared his idea with us has another opnion.

And about the SL , the thread starter uses a few pips behind last semphor , so yes latest swing high low would be sane if risk reward is still ok then

Thanks blutkehlchen, i'll use H4 and D1 instead, disregard the H1 and move the SL to behind the last semphor.

Regards

Ron
  • #116
  • Jan 14, 2011 1:42pm Jan 14, 2011 1:42pm
Right now i took a sell on EUR/AUD , ok its friday evening here , but its demo trading anyway 1,3540 is my SL i set three TP beginig from upper 4H Band. Lets see if it works , till now it worked on the Forex pairs plus Gold i watched (only 6 trades so far, and i closed them earlier ) but it didnt worked on the indices i tried, got stopped out everytime and see no chance to reenter so far.
(The thread starter nver mentioned indices just to make that clear)
  • #117
  • Edited 2:32pm Jan 14, 2011 2:09pm | Edited 2:32pm
Quoting blutkehlchen
Right now i took a sell on EUR/AUD , ok its friday evening here , but its demo trading anyway 1,3540 is my SL i set three TP beginig from upper 4H Band. Lets see if it works , till now it worked on the Forex pairs plus Gold i watched (only 6 trades so far, and i closed them earlier ) but it didnt worked on the indices i tried, got stopped out everytime and see no chance to reenter so far.
(The thread starter nver mentioned indices just to make that clear)
Hope you don't mind me asking, just trying to get my head around this.......


Would you be considering GBP/USD? or are you waiting for price to go past the extreme D1 TMA? I've got divergence for a short position too.

EUR/AUD, when did you enter and why? Thought the trade would only be taken if price came back down past the upper H4 or H1 TMA? I've got a trade going short on this too but using a completely different strategy. See the chart below....

Attached Image (click to enlarge)
Click to Enlarge Name: euraud.gif Size: 24 KB


Friday evening here too and trading live (micro lots though). Can't think of a better way of spending the evening.

Regards
  • #118
  • Jan 14, 2011 2:33pm Jan 14, 2011 2:33pm
Its just that i dont live trade with any system that i dont know well. And "well" menas at least 3month demo forward test for me .

When i see that it breaches upper/lower D1 i enter ( ok to be honest i also use my main trading style to confirm but so far they show almost same entries, my main system was a bid (3hours) earlier this time so iam already in a slight profit)

i assume that at some point it will break the opposite D1 but this can take some time , so ill set tpīs ealier and reenter after the retracements according to the 4h lines an take the opposite 4h line as TP.

I would wait a bid on GPD/USD price shortly touched D1 but didnt break it and actualy i wait till its a bid under D1
  • #119
  • Jan 14, 2011 2:39pm Jan 14, 2011 2:39pm
This is how EUR/AUD looks for me

Dont get confused by the OsMA or the Heikin Ashi , ist just that i always use them . The strategie is the same as the strat of the thread starter i just got rid of sema and zigzag(i dont need the alert and that was there only real use as far as i understood) but i also got rid of the 60TMA the people here use them , but i dunno for what so i deleted them caus they confused me
Attached Image (click to enlarge)
Click to Enlarge Name: euraudtma.gif Size: 16 KB
  • #120
  • Jan 14, 2011 2:48pm Jan 14, 2011 2:48pm
Quoting blutkehlchen
Its just that i dont live trade with any system that i dont know well. And "well" menas at least 3month demo forward test for me .

When i see that it breaches upper/lower D1 i enter ( ok to be honest i also use my main trading style to confirm but so far they show almost same entries, my main system was a bid (3hours) earlier this time so iam already in a slight profit)

i assume that at some point it will break the opposite D1 but this can take some time , so ill set tpīs ealier and reenter after the retracements according to the 4h lines...
Thanks blutkehlchen,

I think it's because we might have different brokers as price hasn't breached the upper D1 TMA on my EUR/AUD chart, hence why I asked. I might need to consider entries where price comes within a few pips of the D1 TMA, stochs and SEMA-4X are favourable.

I take it you're not using the H1 TMA? (just saw your last post which answers this)

Regards

Ron
0 traders viewing now