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Extreme TMA System

  • #81
  • Feb 21, 2012 9:37am Feb 21, 2012 9:37am
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  • #82
  • Feb 21, 2012 9:37am Feb 21, 2012 9:37am
Alorente,

Gracias por compartir tus conocimientos y que hayas tomado de tu tiempo para adiestrarnos en este sistema. Siempre es bueno seguir aprendiendo cosas nuevas.

Saludos...
  • #83
  • Feb 21, 2012 9:40am Feb 21, 2012 9:40am
At this point the price has touched the opposite band and the long was successful. You should exit the trade if you are one way or move to condition two if you are signal to signal in order to soon reverse the trade.
Observation is the path to discovery.
  • #84
  • Feb 21, 2012 9:41am Feb 21, 2012 9:41am
The GU also is bouncing off the pivot but the histogram is the off color, at least on my chart, A, do you take into account when the signal is the darker color?
  • #85
  • Feb 21, 2012 9:47am Feb 21, 2012 9:47am
My first trade with this strategy.

I'm Long in GBPJPY at 125.93.
Attached Image
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  • #86
  • Feb 21, 2012 9:49am Feb 21, 2012 9:49am
Quoting goldsurfer
The GU also is bouncing off the pivot but the histogram is the off color, at least on my chart, A, do you take into account when the signal is the darker color?
Yes. As long as it closes Red, light or dark, the short will be opened according to the rules if the Spike is there at the close of the bar. I personally like to place the order on the other side of the TMA Bar or close to it. Itīs a bit to far for my liking right now so I would pass on this one if we were to get a Red soon. Again, Itīs risk and reward. The higher price is, the larger the reward.
Observation is the path to discovery.
  • #87
  • Feb 21, 2012 9:53am Feb 21, 2012 9:53am
Quoting maudur
My first trade with this strategy.

I'm Long in GBPJPY at 125.93.
Now I closed 0.5 Lots at +15 pips and moved SL to BE +1pip.
Attached Image
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  • #88
  • Feb 21, 2012 9:54am Feb 21, 2012 9:54am
Quoting Alorente
Yes. As long as it closes Red, light or dark, the short will be opened according to the rules if the Spike is there at the close of the bar. I personally like to place the order on the other side of the TMA Bar or close to it. Itīs a bit to far for my liking right now so I would pass on this one if we were to get a Red soon. Again, Itīs risk and reward. The higher price is, the larger the reward.

Gracias Alfredo por compartir tu experiencia. Voy a dedicar tiempo a probar tu sistema.

Saludos desde Alicante.
  • #89
  • Feb 21, 2012 9:58am Feb 21, 2012 9:58am
So far today, the system is 3 for 3 (2 longs and a short) for about 230 pips in profit. If you add to that the order that was opened from yesterday which closed this morning, it would be an additional 70 pips.

The trades are attached.
Attached Image (click to enlarge)
Click to Enlarge Name: extreme tma trades.jpg Size: 146 KB
Observation is the path to discovery.
  • #90
  • Feb 21, 2012 9:58am Feb 21, 2012 9:58am
Quoting Alorente
Yes. As long as it closes Red, light or dark, the short will be opened according to the rules if the Spike is there at the close of the bar. I personally like to place the order on the other side of the TMA Bar or close to it. Itīs a bit to far for my liking right now so I would pass on this one if we were to get a Red soon. Again, Itīs risk and reward. The higher price is, the larger the reward.
I guess I woulda taken that one, it was even rejected by the pivot three times...there is a very similar system thread in the factory not using the TMA but is based on extreme(semaphor) and pivot rejection. But I see what your saying...the HA candle closed above the lower band.

cheers
  • #91
  • Feb 21, 2012 9:58am Feb 21, 2012 9:58am
If we want to use 5m timeframe, would you change TMA's setting ? I looked at it and I would assume not, but just want to make sure.
  • #92
  • Feb 21, 2012 10:00am Feb 21, 2012 10:00am
Quoting Caillou
Gracias Alfredo por compartir tu experiencia. Voy a dedicar tiempo a probar tu sistema.

Saludos desde Alicante.
Gracias a ti y bienvenido. Saludos desde Madrid.
Observation is the path to discovery.
  • #93
  • Feb 21, 2012 10:02am Feb 21, 2012 10:02am
Quoting ttaro27
If we want to use 5m timeframe, would you change TMA's setting ? I looked at it and I would assume not, but just want to make sure.
Yes you would have to change from 200 to 300 or so, but the moves are not as predictable as far as exits are concerned because Price is all over the place with respect to the bands.
Observation is the path to discovery.
  • #94
  • Feb 21, 2012 10:03am Feb 21, 2012 10:03am
Quoting itsallover
Alorente,
Thanx for a wonderful system
Thanks and Welcome.
Observation is the path to discovery.
  • #95
  • Feb 21, 2012 10:04am Feb 21, 2012 10:04am
Quoting maudur
My first trade with this strategy.

I'm Long in GBPJPY at 125.93.
Good deal ! Iīm happy for you, Mauricio. Are you Signal to Signal or are you exiting?
Observation is the path to discovery.
  • #96
  • Feb 21, 2012 10:09am Feb 21, 2012 10:09am
Quoting Alorente
Yes you would have to change from 200 to 300 or so, but the moves are not as predictable as far as exits are concerned because Price is all over the place with respect to the bands.
Euh... you must be refering to atr settings, the indi comes set at 100. Ok lets try 300
  • #97
  • Feb 21, 2012 10:10am Feb 21, 2012 10:10am
Could you please attach the files other than .par as i cannot seem to open it. I am on windows 7. I have tried different ways but it will open in ureadable format.

Thanks,
  • #98
  • Feb 21, 2012 10:10am Feb 21, 2012 10:10am
Quoting maudur
My first trade with this strategy.

I'm Long in GBPJPY at 125.93.
Mauricio, on this position you will see that you have the D1 Pivot just under the top band. It would be wise to take profit there. It may break the Pivot and keep goĄng to the band but itīs risky. It is always important to keep an eye on the support and resistance levels, especially the D1 pivot.
Observation is the path to discovery.
  • #99
  • Feb 21, 2012 10:13am Feb 21, 2012 10:13am
Quoting Alorente
Good deal ! Iīm happy for you, Mauricio. Are you Signal to Signal or are you exiting?
Al.

Are many pairs that I see. Still do not know if I exit when GBPJPY touche the opposite band or if are I using signal to signal. I think it's best to use signal to signal only with one pair for now to learn more about the strategy. For me it pair is EURUSD.

What do you think?
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  • #100
  • Feb 21, 2012 10:13am Feb 21, 2012 10:13am
Quoting cajun
Could you please attach the files other than .par as i cannot seem to open it. I am on windows 7. I have tried different ways but it will open in ureadable format.

Thanks,
Do you mean you donīt have the winRar program? You can get it free here

http://download.cnet.com/WinRAR-32-b...7677.html.rar?

If you canīt get it for some reason, PM me your email and I will send you the files.
Observation is the path to discovery.
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