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Attachments: Extreme TMA System
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Extreme TMA System

  • #281
  • Feb 21, 2012 9:52pm Feb 21, 2012 9:52pm
Quoting txfxtrader
One more trade for tonight. Long AUDUSD again and the previous trade marked by the 1st green vertical line hit the stop.
Maybe it is because of the repainting, but the way I see it: in your first long trade the price never went under the lower band (so you never got signal number one), so you shouldn't entered. And also the price was too close to the median band.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #282
  • Feb 21, 2012 9:56pm Feb 21, 2012 9:56pm
Quoting flaw
Al, Thank you for your generosity to share your bread and butter with us.
Actually Al shares with us bread, butter and black caviar!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #283
  • Feb 21, 2012 10:08pm Feb 21, 2012 10:08pm
Dropping by to test this system : )
Pivot Boss in the making~
  • #284
  • Feb 21, 2012 10:19pm Feb 21, 2012 10:19pm
I have a question. I went long at the green line in the pic below. Right before I hit the center line I received a bear spike. Would you recommend selling half or getting out of the trade here or should I wait until price has hit at least the center line before exiting any of my position?
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 35 KB
  • #285
  • Feb 21, 2012 10:19pm Feb 21, 2012 10:19pm
[quote][/Q Actually Al shares with us bread, butter and black caviar! UOTE]

Agree 100%.
Wishing my last name were LESS
  • #286
  • Feb 21, 2012 10:19pm Feb 21, 2012 10:19pm
Now I finally understand a bit how to trade your system Al. Seems that yesterday when I said I have 3 losing trade on Eval thread, I do not follow your rules as it is. Now as it defined clearly on post 1, I'll test this starting today. I won't follow it signal to signal because I think switching from one pair to another and take the more likely setup would bring more pips. And yes, still trade this live with 0.01 pips.

First day test, 26.5 pips from AUDUSD and USDCAD with open trade currently +8.6 pips on NZDUSD.
  • #287
  • Feb 21, 2012 10:39pm Feb 21, 2012 10:39pm
My total for the night: 46 pips and 15 more coming my way!
  • #288
  • Feb 21, 2012 10:46pm Feb 21, 2012 10:46pm
Quoting Alorente
To get a good "feel" for TMA, zoom out your chart totally and turn off Autoscroll. Now slide the chart months back and youŽll see the wave patterns repeat over and over. Those wave patterns are what produce the excesses in pricing beyond the bands.
Hello Alorente,

thanks for sharing your time and experience. I appreciate your efforts.

I don't have any problems with the repainting behaviour.

But sliding/ scrolling back will show beautiful wave patterns, setups and spikes withour changing colors etc... Those setups are wrong and an illusion because TMA, MA-Crossover-Histogramm and Extreme_Spikes are repainting, by sliding/ scrolling they support the idea of getting many easy pips.

Again, great started thread and hope we all will make as much pips as possible in real or demo.

Attached the TMAtrue.
Attached File(s)
File Type: mq4 TmaTrue.mq4   8 KB | 2,328 downloads
  • #289
  • Feb 21, 2012 10:49pm Feb 21, 2012 10:49pm
Quoting Passerby
Now I finally understand a bit how to trade your system Al. Seems that yesterday when I said I have 3 losing trade on Eval thread, I do not follow your rules as it is. Now as it defined clearly on post 1, I'll test this starting today. I won't follow it signal to signal because I think switching from one pair to another and take the more likely setup would bring more pips. And yes, still trade this live with 0.01 pips.

First day test, 26.5 pips from AUDUSD and USDCAD with open trade currently +8.6 pips on NZDUSD.
PA seems weak, closed it for 7.4 pips as it almost hit the middle TMA lines as per 1 exit strategy. The TMA slope is down, I think if this is the case it's better to close at the middle line. Btw 19 pages on first day, wow.
  • #290
  • Edited 11:14pm Feb 21, 2012 10:55pm | Edited 11:14pm
In AudUsd NzdUsd and UsdCad for 48 pips, will hit close to 100 if they all make it to the opposite line. Not bad.
Should be a prime opportunity to make an EA to get the trades when we are at work or asleep.
  • #291
  • Feb 21, 2012 11:06pm Feb 21, 2012 11:06pm
Maybe its Evals influence in attracting level headed people spawns others to be likewise. Anyway thank you Al. The system seems to have merit and I'm testing it.
  • #292
  • Feb 21, 2012 11:22pm Feb 21, 2012 11:22pm
Al,

Thank you for starting this new thread, your posts on the Symphonie thread were very helpful and informative. I'm looking forward to learning this new method.
  • #293
  • Feb 22, 2012 12:11am Feb 22, 2012 12:11am
Quoting Alorente
Candletiger, you are probably correct. Today was the first day of this thread and the first day we traded the Extreme TMA system. I was illustrating how typical TMA trades look and where the trades would be placed. Now that I reread the post, I can see why you could think that those were actual trades. I obviously did not make it clear enough. Only the four trades that we placed today were done with this system in real time. I am attaching that chart that I sent earlier. Last week and yesterday we were trading a different variation of the system...
Ciaooo Alfredo

i was following you on Eval's thread and appreciate that you opened a new one here. tks to your great contribution.

about candletigers problem: i also traded your old system in live and had differences to the trades you showed in the thread as candletigers has.

is it possible that you can make it very clear in your thread messages that either entries and exits you show are illustrating trades (after repaint) or real time trades you have done. i think it would take out a lot of misunderstandings.

i also think its important to show illustrated trades so that people understand the concept esp. newbies but its also important to know if it is a realtime trade for the live trading guys. Mark it with IT or RT or if somebody has a better idea pls your welcome.

thanks and go on
greetings
manilaspurs
  • #294
  • Feb 22, 2012 12:18am Feb 22, 2012 12:18am
Are UJ, EJ, GJ, AJ good candidates to go short ? Waiting for MA to change color.
Wishing my last name were LESS
  • #295
  • Feb 22, 2012 12:49am Feb 22, 2012 12:49am
Short now in UJ
  • #296
  • Edited 1:22am Feb 22, 2012 1:00am | Edited 1:22am
Can someone please explain how to put multiple charts on two screens?
.... laughing all the way to the bank
  • #297
  • Feb 22, 2012 1:22am Feb 22, 2012 1:22am
Quoting itsallover
Can someone please explain how to put multiple charts on two screens?
File -> New Chart ...
  • #298
  • Feb 22, 2012 1:27am Feb 22, 2012 1:27am
USDJPY short, EP 80.02x

1. PA exceed outer upper band.

2. Extreme Spike at close candle.

3. MA Cross to Close same direction as the spike.
Attached Image (click to enlarge)
Click to Enlarge Name: qq.png Size: 50 KB
  • #299
  • Feb 22, 2012 1:30am Feb 22, 2012 1:30am
Good morning everyone.

It looks like EURUSD hit the Target Price last night. I was sleeping and I missed the current long, but no problem, IŽll wait to get in short again.

EURGBP missed the TP by 4 pips. IŽll think about what to do here.
Observation is the path to discovery.
  • #300
  • Feb 22, 2012 1:31am Feb 22, 2012 1:31am
Quoting Alex84
comer modified his indy, he posted it on symphonie thread this day
for those who still want multipivot from comer it's there
but personaly i now keep the one posted by Al as it has more options
Yes. IŽm sticking with the new one also. I used it for almost a year and it works well.
Observation is the path to discovery.
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