MTF TMA | Page 11 | 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

  • #201
  • Jan 21, 2011 6:46am Jan 21, 2011 6:46am
Quoting davidoh
I think this indi repaints and it makes me so confused.
Thanks in advance.
The TMA bands dont realy repaint pasti suppose , if so its minimal i guess, looking back on the trades i have made with this , it doesn't show different setups now.

The zigzag and semaphore do repaint alot , but people here basically only use them for alerd .
In defending of this strategy , i have to say that the thread starter never advised to make trading decisions based on the semaphore
  • #202
  • Jan 21, 2011 1:52pm Jan 21, 2011 1:52pm
Quoting blutkehlchen
The TMA bands dont realy repaint pasti suppose , if so its minimal i guess, looking back on the trades i have made with this , it doesn't show different setups now.

The zigzag and semaphore do repaint alot , but people here basically only use them for alerd .
In defending of this strategy , i have to say that the thread starter never advised to make trading decisions based on the semaphore
I am facinated by how little people read and understand for the last time I will say this, the semaphore is an alert for us to put on a trailing stop to protect your investment. The more it repainted the more money we make. Re-read the instructions on how to trade the system.
I am making the most money ever using MTF-TMA. This week I used it from the 5m chart to trade Thu H1 bands. 80% return so I know the system is solid.
  • #203
  • Jan 21, 2011 2:59pm Jan 21, 2011 2:59pm
I have to give this "compliment" back you didnt read what i have written .
I said that people here use it for alert , i just didnt point out the obvious fact that the alert means that the chart needs your discretionary attention.
And its also true that you have written that you dont enter or exit based on the semaphore , nothing else i have written
  • #204
  • Jan 21, 2011 3:15pm Jan 21, 2011 3:15pm
Quoting blutkehlchen
I have to give this "compliment" back you didnt read what i have written .
I said that people here use it for alert , i just didnt point out the obvious fact that the alert means that the chart needs your discretionary attention.
And its also true that you have written that you dont enter or exit based on the semaphore , nothing else i have written
Sorry I was actually complementing your post and flaming the repainting semafor watchers who are still looking for the holy grail.
  • #205
  • Jan 21, 2011 3:23pm Jan 21, 2011 3:23pm
Ok nevermind Then i got you wrong too.

Maybe you should write in big letters on the first page , for what you use the semaphore, to avoid that kind of questions and criticism , cos those comments will appear constantly .

You mentioned a 5min setup . Do you just use the 60min bands then ?
  • #206
  • Jan 21, 2011 4:13pm Jan 21, 2011 4:13pm
still use the strategy, my way, and it works great

everyone knows that when markets are oversold or overbought will make a correction sooner or later ... is the principle of this strategy

this principle and some experience in trading ... for example there are candles on higher tf when the market is overbought or oversold that can help to avoid hasty to go .... also the angle of the TMA'S you can indicate the direction as well as the use of trendlines, or looking CCI14 or stochastic in higher tf ..... bla-bla-bla

I have not had time to publish charts this week .... but all trades have been positive

finally .... no doubt the strategy works
  • #207
  • Jan 22, 2011 8:16am Jan 22, 2011 8:16am
Quoting blutkehlchen
Ok nevermind Then i got you wrong too.

Maybe you should write in big letters on the first page , for what you use the semaphore, to avoid that kind of questions and criticism , cos those comments will appear constantly .

You mentioned a 5min setup . Do you just use the 60min bands then ?
Yes 60 bands along with 5 Min bands, target is 60. Following the blue semaphor trend on the 60 min TF
  • #208
  • Jan 22, 2011 8:34am Jan 22, 2011 8:34am
Quoting porfirio

this principle and some experience in trading ... for example there are candles on higher tf when the market is overbought or oversold that can help to avoid hasty to go .... also the angle of the TMA'S you can indicate the direction as well as the use of trendlines, or looking CCI14 or stochastic in higher tf ..... bla-bla-bla

I have not had time to publish charts this week .... but all trades have been positive

finally .... no doubt the strategy works
So far my impression is the same, this bands area realy good indicator, its strange that they aren´t used more often . Because you can use them with a lot of different approaches and additional indicators like trendlines,oscilators,momentum and so on but iam still playing around with it

Would be nice to see more charts of you
  • #209
  • Jan 22, 2011 8:36am Jan 22, 2011 8:36am
Quoting mgs1f
Yes 60 bands along with 5 Min bands, target is 60. Following the blue semaphor trend on the 60 min TF
Thanks for clarification ... Do you still use nanolots and no SL?
  • #210
  • Jan 22, 2011 12:22pm Jan 22, 2011 12:22pm
Quoting blutkehlchen
Thanks for clarification ... Do you still use nanolots and no SL?
. 05 lots and SL above blue sun to at 60 band.
  • #211
  • Jan 23, 2011 6:23am Jan 23, 2011 6:23am
Ron would you be so kind to post a screen of GPD/USD again ?
  • #212
  • Edited 3:49pm Jan 23, 2011 3:19pm | Edited 3:49pm
Quoting blutkehlchen
Ron would you be so kind to post a screen of GPD/USD again ?
Howdie,

Here you go. The original I posted was from the FXOpen terminal.The TMA's have shifted up from when the original screenshot was taken. Also note the difference between the two brokers.
Attached Image (click to enlarge)
Click to Enlarge Name: cable - fxopen.gif Size: 29 KB


The following chart is from ActiveTrades. Hopefully this is what you have.
Attached Image (click to enlarge)
Click to Enlarge Name: cable - activetrades.gif Size: 25 KB


My stop is above the blue sema4 on the FXOpen terminal.

The chart below is the original from this post : http://www.forexfactory.com/showpost...&postcount=182

Attached Image (click to enlarge)
Click to Enlarge Name: cable original fxopen.gif Size: 26 KB



Regards
  • #213
  • Jan 23, 2011 4:55pm Jan 23, 2011 4:55pm
Start of another week folks, hope we're all rested.

These are the current setups I'm looking at for the next few hrs.

eurusd, eurjpy, euraud - These are all above the D1 TMA highs so i'm looking for short entries. Besides the sema4, I can't see anything else indicating that they're ready to head down. The stochs are overbought though which is always good. Those who use trendlines or patterns - any suggestions? Anyone see otherwise?

Has anyone set the orders on these pairs yet? If you have, is that on the H4 TMA or D1 TMA?


audcad - this is hanging around the D1 TMA low. It penetrated the lower D1 TMA a while ago and seems to bouncing off it, i'm on the side lines for now, don't really know what I'm waiting for though.

The only open position I have that was triggered is the gbpusd trade. That looked as if it might hit my stoploss but it hasn't yet, I'll just place another order underneath the D1 TMA for the ride back down if it happens.

Anyone else keeping an eye on these or other pairs?

Your thoughts appreciated as always folks.

Regards
  • #214
  • Jan 23, 2011 5:10pm Jan 23, 2011 5:10pm
Good calls. Hope everyone has a profitable week, be patient and wait for the trend of both H1 TMA lines to be angled down for shorts and up for longs.
  • #215
  • Edited 6:16pm Jan 23, 2011 6:01pm | Edited 6:16pm
Quoting mgs1f
Good calls. Hope everyone has a profitable week, be patient and wait for the trend of both H1 TMA lines to be angled down for shorts and up for longs.
Arrrrrgggghhhh. The penny finally drops. I had removed my H1 TMA's as I was looking at them differently. If you consider the angle of the H1 TMA when entering / exiting a trade you stand a better chance.

Chart below, a signal could be considered more favourable (at least in the short term) when you have a curvature on the H1 TMA and not while it's still looking like this.

Quick question, is anyone trading the correlation between the various parities with this system?

Attached Image (click to enlarge)
Click to Enlarge Name: euraud.gif Size: 19 KB
  • #216
  • Edited 8:51pm Jan 23, 2011 8:33pm | Edited 8:51pm
EUR/AUD is realy hard to say, of course it will see a retracement sooner or later but the flood in australia ..i dunno i keep my hands of of AUD for now I mean look at AUD/CAD the AUD could hardly reach the middle D1 and now its on its way down again ...

But if you like exotic crosses too, check GPD/NZD its a nice setup and the daily range of that pair is realy high.
Well and for me i dont look for correlation, to much work and personal view involved for to little gain , just in my opinion

And thanks for posting the charts, they were helpful
  • #217
  • Jan 23, 2011 8:42pm Jan 23, 2011 8:42pm
Quoting blutkehlchen
EUR/AUD is realy hard to say, of course it will see a retracement sooner or later but the flood in australia ..i dunno i keep my hands of of AUD for now ...But if you like exotic crosses too, check GPD/NZD its a nice setup and the daily range of that pair is relay high.
Well and for me i dont look for correlation, to much work and personal view involved for to little gain , just in my opinion

And thanks for posting the charts, they were helpful
Cheers for the heads up. I'll keep an eye on that.
  • #218
  • Jan 23, 2011 9:51pm Jan 23, 2011 9:51pm
Ah yes and i took a buy on spot Gold
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 23 KB
  • #219
  • Jan 24, 2011 12:45pm Jan 24, 2011 12:45pm
Quoting ron20
Arrrrrgggghhhh. The penny finally drops. I had removed my H1 TMA's as I was looking at them differently. If you consider the angle of the H1 TMA when entering / exiting a trade you stand a better chance.

Chart below, a signal could be considered more favourable (at least in the short term) when you have a curvature on the H1 TMA and not while it's still looking like this.

Quick question, is anyone trading the correlation between the various parities with this system?

Attachment
I do the corellation play with the EU and the UC for example the EU sell off will not start until the current sell on the UC (us swiss) is complete no matter what, so we have to be patient.
  • #220
  • Jan 24, 2011 5:39pm Jan 24, 2011 5:39pm
mgs1f big thank you so much for your method.

You trade how many pairs in same time , the maximum ?

and, you leave the position for how many days, maximum ? perhaps, few weeks sometimes ?

i think then i will post often here, and give my feedback
0 traders viewing now