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Extreme TMA System

  • #821
  • Feb 23, 2012 8:46am Feb 23, 2012 8:46am
Quoting Alorente
You read my mind.
We'll wait for a MA cross
  • #822
  • Feb 23, 2012 8:47am Feb 23, 2012 8:47am
Jumping the gun on EurGbp Short. Reason: Up against R2 and Red bar in 12 minutes. In at 84.78
Observation is the path to discovery.
  • #823
  • Feb 23, 2012 8:49am Feb 23, 2012 8:49am
Quoting Alorente
Did anyone get the long on EurGbp?
i'm still in a short on this pair since yesterday afternoon and have an order for a recovery trade at the next great resistance 0.8530...... so i'm waiting
  • #824
  • Feb 23, 2012 8:49am Feb 23, 2012 8:49am
Quoting Fame of me
can anyone create an ea which work with the rules?

i mean, when i understand the EA from the first page trade just with the sma
These Ea's work with the rules. The reason is that you don't apply the EA until 3 of the rules are in place. It is not a stand alone EA, it is a helper to enter at the best moment. You cannot put the EA on the chart and just wait for MA crossover , that would be foolish, so you must have a clear indication that the trade will most likely be triggered.

Alorente, NanningBob also uses the close EA's that close a trade when PA touches the 3 period 2 shift LW median. May be good for close once a trade is opened you could just let it run.
  • #825
  • Feb 23, 2012 8:49am Feb 23, 2012 8:49am
Getting ready to short EurGbp. Just need a spike and a Red bar. They should come soon.

The PA to bottom TMA line is less than 30 pips. You stated earlier you would like to see 30 pips distance.
  • #826
  • Feb 23, 2012 8:51am Feb 23, 2012 8:51am
Quoting crodzilla
On daily, EURUSD the EUR strength is divergent (weak), the USD is stronger.
I would favor shorting the EURUSD, unless a breakout above recent highs occurs.

This AM, EST, were my first live trades. Great results, up +84 pips, 100% wins. I've traded loads of systems live, this one makes a lot of sense. Done for the day.

Carl
Nice to have you with us. I agree totally with you. Euro looks ready to tumble and USD ready for takeoff. Stay in touch.
Observation is the path to discovery.
  • #827
  • Feb 23, 2012 8:52am Feb 23, 2012 8:52am
Quoting Alorente
You read my mind.
and then you activate the sell EA??

You think not, that you will miss pips?
  • #828
  • Feb 23, 2012 8:54am Feb 23, 2012 8:54am
Quoting MMGood47
These Ea's work with the rules. The reason is that you don't apply the EA until 3 of the rules are in place. It is not a stand alone EA, it is a helper to enter at the best moment. You cannot put the EA on the chart and just wait for MA crossover , that would be foolish, so you must have a clear indication that the trade will most likely be triggered.

Alorente, NanningBob also uses the close EA's that close a trade when PA touches the 3 period 2 shift LW median. May be good for close once a trade is opened you could just let it run.

Thanks, now i understand.
  • #829
  • Feb 23, 2012 8:54am Feb 23, 2012 8:54am
Quoting Alorente
Jumping the gun on EurGbp Short. Reason: Up against R2 and Red bar in 12 minutes. In at 84.78
But do you wait that bar finished or are you into?
  • #830
  • Feb 23, 2012 8:54am Feb 23, 2012 8:54am
Quoting biganc
Getting ready to short EurGbp. Just need a spike and a Red bar. They should come soon.

The PA to bottom TMA line is less than 30 pips. You stated earlier you would like to see 30 pips distance.
Yes, but I was referring mostly to high beta pair like the EurUsd. I´ll take 25 pips on this one with lower margin.
Observation is the path to discovery.
  • #831
  • Feb 23, 2012 8:57am Feb 23, 2012 8:57am
Thanks for the quick response. I am learning a lot from your thread.
  • #832
  • Feb 23, 2012 9:01am Feb 23, 2012 9:01am
Quoting MMGood47
These Ea's work with the rules. The reason is that you don't apply the EA until 3 of the rules are in place. It is not a stand alone EA, it is a helper to enter at the best moment. You cannot put the EA on the chart and just wait for MA crossover , that would be foolish, so you must have a clear indication that the trade will most likely be triggered.

Alorente, NanningBob also uses the close EA's that close a trade when PA touches the 3 period 2 shift LW median. May be good for close once a trade is opened you could just let it run.
Actually, you can also let it run and set the other EA and if the white line is crossed, it will open a opposite trade, in effect getting you out of it, so you can go away if you want knowing that the white line will protect you.

Example, I use the Short EA to enter one lot of EurUsd. Order fills, now price is under white line. I place the Long EA with a 1 lot long order. When price crosses the white line again, hopefully at the bottom of the channel, a reverse order will fill. In effect, I´m out.
Observation is the path to discovery.
  • #833
  • Feb 23, 2012 9:06am Feb 23, 2012 9:06am
Quoting Favorite
SL makes you a loser (no offense). Recovery - is usually a pure Martingale, and Martingale is pretty close to gambling (Al, no offense, I know that you use recovery, but I'm sure you use it much smarter that 99.9% of the traders. In other words: Recovery is NOT for everybody).



I think I already explained about so called "paying double spread".

I don't have nundreds of hedgings because I choose my trades very carefully and because if the price goes against me I usually manage to get out very fast. But from the hedgings I did...
As I said this is just my opinion, sure you are right........

Anyway I have a problem with arrogant people so Alfredo, good luck with your thread.

Bye

PD: I do not like your personnality
  • #834
  • Feb 23, 2012 9:08am Feb 23, 2012 9:08am
Quoting Alorente
Actually, you can also let it run and set the other EA and if the white line is crossed, it will open a opposite trade, in effect getting you out of it, so you can go away if you want knowing that the white line will protect you.

Example, I use the Short EA to enter one lot of EurUsd. Order fills, now price is under white line. I place the Long EA with a 1 lot long order. When price crosses the white line again, hopefully at the bottom of the channel, a reverse order will fill. In effect, I´m out.
Or, if you want to do a signal to signal, you set the long for two lots and you are net 1 lot long. That should be good enough for 18 holes on the golf course.
Observation is the path to discovery.
  • #835
  • Feb 23, 2012 9:09am Feb 23, 2012 9:09am
Quoting Ferod
But do you wait that bar finished or are you into?
I´m in. I feel safe with Price overextended and rolling over and R2 at my back.
Observation is the path to discovery.
  • #836
  • Feb 23, 2012 9:11am Feb 23, 2012 9:11am
Quoting Alorente
Actually, you can also let it run and set the other EA and if the white line is crossed, it will open a opposite trade, in effect getting you out of it, so you can go away if you want knowing that the white line will protect you.

Example, I use the Short EA to enter one lot of EurUsd. Order fills, now price is under white line. I place the Long EA with a 1 lot long order. When price crosses the white line again, hopefully at the bottom of the channel, a reverse order will fill. In effect, I´m out.
doing this can also bring you to a loss when market is lazy and specially if we entered the trade while bands were against us
  • #837
  • Feb 23, 2012 9:13am Feb 23, 2012 9:13am
Quoting Caillou
Anyway I have a problem with arrogant people so Alfredo, good luck with your thread.

Bye
You won't be missed!


Quoting Caillou
PD: I do not like your personnality
Good! I don't like your personality either!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #838
  • Feb 23, 2012 9:23am Feb 23, 2012 9:23am
Quoting Favorite
You won't be missed!




Good! I don't like your personality either!
Sorry, Mike but he will be missed. I for one will miss him. Everyone is entitled to their opinion and that´s what we are here for. To discuss our experiences and learn from each other. I don´t want anyone to leave us because of a lack of understanding for each other. For lack of results, definitely...
Observation is the path to discovery.
  • #839
  • Edited 9:38am Feb 23, 2012 9:23am | Edited 9:38am
Quoting Mountain
Could someone display the indicators and templates not in any zip format.
Sure!

Here we go (ForexFactory allows to upload only 7 files per post, so be patient, it only the first group of the files):


Mountain, get the rest of the files here:
http://www.forexfactory.com/showthre...30#post5413630
Attached File(s)
File Type: mq4 #MTF_Heiken_Ashi.mq4   9 KB | 1,298 downloads
File Type: mq4 1.0 5x5 Buy 15M.mq4   7 KB | 1,094 downloads
File Type: mq4 1.0 5x5 Sell 15M.mq4   7 KB | 1,058 downloads
File Type: mq4 CandleCountdown.mq4   4 KB | 1,192 downloads
File Type: tpl extreme tma system.tpl   16 KB | 1,219 downloads
File Type: mq4 Extreme_Spike.mq4   11 KB | 1,769 downloads
File Type: ex4 HA.ex4   3 KB | 1,228 downloads
Gentlemen always play by the rules. If they can't, they change the rules.
  • #840
  • Feb 23, 2012 9:24am Feb 23, 2012 9:24am
I would like to know more about TMA indicator , are there any article or something to read how it excatly works ? Thanks
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