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Extreme TMA System

  • #1,521
  • Feb 28, 2012 8:57am Feb 28, 2012 8:57am
AudNzd is the only exception so far to this amazing new divergence we may have found. All others resulted in big moves. Now AudNzd seems to be beginning to break down. The TMA Slope indi continues to drop fast. Weīll soon see if it predicted this drop also.
Observation is the path to discovery.
  • #1,522
  • Feb 28, 2012 9:00am Feb 28, 2012 9:00am
try with Laguerre-ACS1. I think it's not bad.
Attached File(s)
File Type: ex4 Laguerre-ACS1.ex4   4 KB | 540 downloads
  • #1,523
  • Feb 28, 2012 9:01am Feb 28, 2012 9:01am
Laguerre :
Gamma 0.8
maxbars 500
MA 2
  • #1,524
  • Feb 28, 2012 9:09am Feb 28, 2012 9:09am
Al,

I traded the USD/CAD when you did and the trade went against me. Not following your recovery rules, I entered another position when the setup occured around 30pips drawdown. I then setup the trade to close at 2 pips profit. I travel and just went online and my trade closed with 2 pips profit. I know I did not follow the rules. However, I was fortunate and did recover from this trade.

Biganc
  • #1,525
  • Feb 28, 2012 9:10am Feb 28, 2012 9:10am
Quoting Alorente
EurUsd is rocketing up, yet the TMA Slope indicator has barely risen and is actually starting to drop again. If EurUsd drops hard again, that will make me a believer in this new divergence theory.
Same here , i'll be amazed if eurusd drops like a rock again .. doesn't seem possible .. it just rebounded from 4hr support .. but we'll see , anything's possible in forex ..
You gotta know when to hold 'em, know when to fold 'em ...
  • #1,526
  • Feb 28, 2012 9:10am Feb 28, 2012 9:10am
For those of you that may be concerned about this Gold move and how it will hurt my totals for the day, let me inform you that, even though it is true that I am trading live money, My lot position in Gold is always held to 1/10 of the size of any other currency pair, due to itīs high volatility. So if I am investing as a hypothetical example 5 lots on a currency, I will only be in Gold for 1/2 lot. So pip wise it looks like a lot, but it doesnīt do real damage to the account. I still expect to BE in the Gold position with the recovery method.
Observation is the path to discovery.
  • #1,527
  • Feb 28, 2012 9:11am Feb 28, 2012 9:11am
Quoting biganc
Al,

I traded the USD/CAD when you did and the trade went against me. Not following your recovery rules, I entered another position when the setup occured around 30pips drawdown. I then setup the trade to close at 2 pips profit. I travel and just went online and my trade closed with 2 pips profit. I know I did not follow the rules. However, I was fortunate and did recover from this trade.

Biganc
Great. Iīm happy for you. I closed it with -16 so you beat me.
Observation is the path to discovery.
  • #1,528
  • Feb 28, 2012 9:16am Feb 28, 2012 9:16am
If we get a signal on UsdCad or UsdChf, I would not take the trade. Both would be too close to center line. Itīs better to wait for a better trade.
Observation is the path to discovery.
  • #1,529
  • Feb 28, 2012 9:23am Feb 28, 2012 9:23am
So you understand what Iīm doing with the Gold Recovery, My initial position was at 1775. My second short was at 1785, so if price, which is way over the outer band, drops to 1780, Iīll be out of both trades at breakeven. Right now, that level is right around center line of the TMA.
Observation is the path to discovery.
  • #1,530
  • Feb 28, 2012 9:30am Feb 28, 2012 9:30am
Quoting flamenco72
try with Laguerre-ACS1. I think it's not bad.
Tried it just now and it doesnīt do anything for me. Iīd rather have THV4, RSI or Macd to see divergences.

If this TMS Slope divergence system is real, that would clearly become my favorite.
Observation is the path to discovery.
  • #1,531
  • Feb 28, 2012 9:34am Feb 28, 2012 9:34am
How can 106 people be so quiet. Come on, guys. Letīs hear from everybody. I donīt want to feel like Iīm talking to the wall.

What do you think of these possible divergences. Letīs talk about this. Iīd love to hear what you think about it. Praise it if you think itīs for real or Trash it if you are skeptical. Letīs hear it.
Observation is the path to discovery.
  • #1,532
  • Feb 28, 2012 9:45am Feb 28, 2012 9:45am
an indicator which indicates to you where are the divergences.
I am testing it on AUD/NZD
Attached File(s)
File Type: ex4 SEFC_Divergence_versi_1.1.ex4   12 KB | 695 downloads
  • #1,533
  • Feb 28, 2012 9:47am Feb 28, 2012 9:47am
hope we stick to the indicators we already have. don't think i could handle any more.
  • #1,534
  • Feb 28, 2012 9:51am Feb 28, 2012 9:51am
Quoting flamenco72
an indicator which indicates to you where are the divergences.
I am testing it on AUD/NZD
Just tried it. Itīs just one of many. Nothing new. Just trashed it.

Thanks for posting it.
Observation is the path to discovery.
  • #1,535
  • Feb 28, 2012 10:03am Feb 28, 2012 10:03am
Alfredo, I need to confess I'm still getting used to repainting indicators. I've rejected them my entire trader's life. I've always believed in divergences, and the Tma slope divergence seems promising.

I opened 2 trades today (both are still in progress and are slightly negative), eur/usd and gold. Both were touching the upper tma band, there were up spikes, the tma slope was diverging with price, and ma histogram indicated a cross (dark red).

I ignored the trend, it was up in both cases.

I will let you all know the resolution of them as soon as they're closed.
  • #1,536
  • Feb 28, 2012 10:07am Feb 28, 2012 10:07am
Hello Al and other friends,

could someone explain briefly the relationship between USDIndex and forex. In order to add it to the decision-making.

Thank you very much.

A novice.
  • #1,537
  • Feb 28, 2012 10:08am Feb 28, 2012 10:08am
Quoting beto21_cwb
Alfredo, I need to confess I'm still getting used to repainting indicators. I've rejected them my entire trader's life. I've always believed in divergences, and the Tma slope divergence seems promising.

I opened 2 trades today (both are still in progress and are slightly negative), eur/usd and gold. Both were touching the upper tma band, there were up spikes, the tma slope was diverging with price, and ma histogram indicated a cross (dark red).

I ignored the trend, it was up in both cases.

I will let you all know the resolution of them as soon...
Thanks. I appreciate the input. I donīt think anyone likes repainting indicators, but itīs like anything in life, if you use them long enough, they become familiar and and more tolerable.
Observation is the path to discovery.
  • #1,538
  • Feb 28, 2012 10:31am Feb 28, 2012 10:31am
Al , how many trades have u done with the divergence play and how many have worked so far ? , were they also taken with the 4 rules fulfilled ?
You gotta know when to hold 'em, know when to fold 'em ...
  • #1,539
  • Feb 28, 2012 10:41am Feb 28, 2012 10:41am
Quoting Alorente
How can 106 people be so quiet. Come on, guys. Letīs hear from everybody. I donīt want to feel like Iīm talking to the wall.

What do you think of these possible divergences. Letīs talk about this. Iīd love to hear what you think about it. Praise it if you think itīs for real or Trash it if you are skeptical. Letīs hear it.
Al, it might be that some of the guys out there are also in dayjobs like me, now we are just trying to catch up in the eve on the almost 100 pages!!

You guys are doing a great job, and I think many of us newbies are trying to keep up with all the new terms and rules as it pops up in the posts. Some of the stuff we have never heard of..... but its exciting.. and its great to learn something new every day. Happy pipping.... and thanks!
  • #1,540
  • Feb 28, 2012 10:44am Feb 28, 2012 10:44am
Quoting nitrate73
Al , how many trades have u done with the divergence play and how many have worked so far ? , were they also taken with the 4 rules fulfilled ?
Iīm only trading with the 4 rules. It just so happens that the divergences are pointing in the same direction, but I am using it for trading. As I say, this may be a simple coincidence and nothing more.
Observation is the path to discovery.
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