Extreme TMA System | Page 37 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Hennis Extreme TMA System 105 replies

TMA Reality Tour 116 replies

Happs with TMA Trading Journal 25 replies

MTF TMA 287 replies

SnakeForce - simple TMA with alert? 3 replies

Attachments: Extreme TMA System
Exit Attachments

Extreme TMA System

  • #721
  • Feb 23, 2012 7:05am Feb 23, 2012 7:05am
Quoting LuisPrinc
I have an EA signal for gbp short. Al do you too ?
Pa didnt went below the white 5 ema. So is it a new rule that PA must pass it ?
It did go through it a little bit and then reversed. The trading Gods are making my life difficult the last couple of days. 95% of the time, it goes through it like butter, but now that I´m trying to teach you the system the Gods are giving me the exceptions to the rule. Just hang in there. We´ll get the many days when we cut through the White line and we reach the opposite band in 3 or 4 candles.
Observation is the path to discovery.
  • #722
  • Feb 23, 2012 7:09am Feb 23, 2012 7:09am
get 60 pips on my silver short
  • #723
  • Feb 23, 2012 7:11am Feb 23, 2012 7:11am
Quoting Elmago
Hello Alfredo.

That long have you used this system that these raised?

As we're changing and modifying the rules of the first day? You have not invented this system a few days on the go? hehe

That changes the EA with regard to the rules that exist in the page 1 of the thread?

Thank you!
As I said yesterday, I´ve been using this system for 10 months with good results. The reason I changed it today is because a lot of people are trading differently than I do, with close Stop Losses. That forced me to add the EA´s which for me are not necessary because I don´t use stop losses except for emergency at 100 pips distance from entry price, and I can handle the initial swings before the price reverses. I hope this is clear. I am not trying to confuse anybody. Honest...
Observation is the path to discovery.
  • #724
  • Feb 23, 2012 7:12am Feb 23, 2012 7:12am
Out of Gold at BE
Observation is the path to discovery.
  • #725
  • Feb 23, 2012 7:14am Feb 23, 2012 7:14am
Quoting Alex84
get 60 pips on my silver short
Great job !!
Observation is the path to discovery.
  • #726
  • Feb 23, 2012 7:18am Feb 23, 2012 7:18am
favorite:

If you have a purchase and sale and in this block -20 pips can wait for the next signal to unlock, if the next signal is good you can recover 20 pips with unlocking.

But just as close with a stop loss in the operation and the next win 20 pips, with the second operation recover what you lost in the first.

It is the same as doing the blocking, what changes is that in blocking the broker commissions you pay more.

It really is emotional control of the lock, I see no other way.
  • #727
  • Feb 23, 2012 7:18am Feb 23, 2012 7:18am
Quoting Alorente
Your hedging strategy is really cool, even though most of the spikes will occur BEFORE crossing the White Line. So if you use the EA for entry, you will see that almost all the spikes happen before the cross of the White Line that triggers the order. It´s a matter of wanting to ride the spikes while you are in or getting in after the spikes settle down.

The many spikes are simply shakeouts of weak holders and triggering of tight stop losses. After a few spikes, only the believers remain, the SLs are gone and the reverse move begins.
It is really good stuff Al, I really appreciate your great tips! Of course, we all do!

Al, I thought a lot about another thing, maybe it would help me not to get caught by the spikes. I read one strategy where the guy traded M15, watched M15 for the signals yet at the same time he entered from M1 when the price on M1 crossed EMA100, and he was very happy with the results. I think I would try something like this.

Al, I hope you don't mind me posting this in your thread, you know that I'm not trying to change you system, I just want to refine it a little bit.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #728
  • Feb 23, 2012 7:20am Feb 23, 2012 7:20am
Al, how did you manage your UsdChf long from last night?
  • #729
  • Feb 23, 2012 7:21am Feb 23, 2012 7:21am
When i understand it right, the EA trade not like your rules, right?
He check not the indicators, right?

He trade just with the sma.

When all yes, why you add it? I cant understand, then the EA trade not like the rules. So we have check again self the rules.
  • #730
  • Feb 23, 2012 7:29am Feb 23, 2012 7:29am
Quoting Elmago
What we like is a system without many variations uated know that has worked in the past to see how good it is, even a more complicated system we would like to know all the rules once, if you change the rules every day the system may lose credibility.

It's just a comment, I would like to take it the wrong way.
As I said in the front page, which you obviously have not read very well, This system has not been thoroughly tested, especially for many different trading styles. My intention here was to create a kind of a laboratory where intelligent traders of all types can input suggestions to create a better system as we go along and a place were we can interchange ideas and experiences that will make all of us better than we were. Clearly, that means that the system will be ever changing as we test new concepts and improve it. If what you are looking for is, as you say:

"What we like is a system without many variations uated know that has worked in the past to see how good it is, even a more complicated system we would like to know all the rules once, if you change the rules every day the system may lose credibility."

Then I suggest you go look elsewhere or buy yourself a system. There are many out there. I´m sure you´ll find something that is exactly to your liking

Thanks for your time.
Observation is the path to discovery.
  • #731
  • Feb 23, 2012 7:29am Feb 23, 2012 7:29am
Alorente, I wonder how is it possible that EA selled gbp usd but it didnt closed below 5 smoothed ma ?
  • #732
  • Feb 23, 2012 7:32am Feb 23, 2012 7:32am
Out of S&P +10 pips.
Observation is the path to discovery.
  • #733
  • Feb 23, 2012 7:34am Feb 23, 2012 7:34am
Quoting LuisPrinc
Alorente, I wonder how is it possible that EA selled gbp usd but it didnt closed below 5 smoothed ma ?
It doesn´t have to close. It just needs to cross it in real time and the order will be executed, even if it does not close below it.
Observation is the path to discovery.
  • #734
  • Feb 23, 2012 7:38am Feb 23, 2012 7:38am
Dear Alfredo.

It was not my intention to offend, I had the preconceived idea that you used this system from several months to and successes, we are in Forexfactory to see, test and work with systems like you, we also Forexfcatory to see systems that people post to say they work to test them.

I encourage you to go ahead, together we can make your home system works best.

Thanks!
  • #735
  • Feb 23, 2012 7:41am Feb 23, 2012 7:41am
Quoting Favorite
Thank you, Al, it is very nice of you!

I'm not sure whether this method has ever been discussed here, on ForexFactory. I got this method from another forum, they call it "locking".
Let's say right now the price is 1.3260 and I got a "buy" signal. I bought 1.3260, set a take-profit, but didn't set any stop-loss. Instead of the stop-loss I created a pending sell-stop order at 1.3240 (20 pips).

Unfortunately price went against me. At 1.3240 my pending sell-stop order got activated, now it is just a usual sell order. At this moment I go to my...
And what is the difference with putting SL at 20 pips and reopen your position later. Well, beside this "locking" method will eat up your free margin.
  • #736
  • Feb 23, 2012 7:43am Feb 23, 2012 7:43am
Hi everyone! I took a trade in EU closed at middle tma. 10 pips. I took it late (I fell asleep I´m in hollidays at home). Think here comes GU at last. I miss some class. What white line are you talking about? Don´t have any in Al´s tpl.
Regards
  • #737
  • Feb 23, 2012 7:49am Feb 23, 2012 7:49am
Quoting Elmago
Dear Alfredo.

It was not my intention to offend, I had the preconceived idea that you used this system from several months to and successes, we are in Forexfactory to see, test and work with systems like you, we also Forexfcatory to see systems that people post to say they work to test them.

I encourage you to go ahead, together we can make your home system works best.

Thanks!
You did not offend me at all. I just wanted to make clear that this may not be what you are looking for because this is an ongoing project. For example, yesterday, a very successful trader, X-Man contributed greatly by testing the system, trading with 100% success on 5 orders in favor of the trend and suggesting that we should include a trend condition. We did so last night because it makes sense. Today, Mike suggested a hedging strategy which I think has great merit. I am sure we will implement it in a few days. This will happen constantly with this system. We are here to improve it and to improve our knowledge of trading. You are looking for a system in Forex Factory that is already written in stone and makes you money. I am just saying to you that this is not the system you want because this one will evolve all the time, and that you should look elsewhere.
Observation is the path to discovery.
  • #738
  • Feb 23, 2012 7:51am Feb 23, 2012 7:51am
Quoting kbeza
Hi everyone! I took a trade in EU closed at middle tma. 10 pips. I took it late (I fell asleep I´m in hollidays at home). Think here comes GU at last. I miss some class. What white line are you talking about? Don´t have any in Al´s tpl.
Regards
There are changes today. Please read the posts and reread page one. You may need to download the zip file again.
Observation is the path to discovery.
  • #739
  • Feb 23, 2012 7:54am Feb 23, 2012 7:54am
GBPUSD, stop!! -15 pips...
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 29 KB
  • #740
  • Feb 23, 2012 7:56am Feb 23, 2012 7:56am
Alfredo, thanks for the clarification, I do not get anything in Forexfactory only see and work, as I said initially I thought of you already used this system for months, so strange to me the different changes in a few days.

Since this is a permanent modification in creation or I will congratulate you go making changes, we have the real system with low volume to be doing testing and we're going to be commenting on what we see.

Thank you all!
7 traders viewing now