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Extreme TMA System

  • #1,561
  • Feb 28, 2012 1:43pm Feb 28, 2012 1:43pm
Quoting Alorente
EurCad is hitting the Main Pivot. This is as save as you can get for an entry. WeŽll wait for rule 4, but I bet it doesnŽt go higher.
Al, but the EURAUD went right through that pivot.... any comments?
  • #1,562
  • Feb 28, 2012 1:44pm Feb 28, 2012 1:44pm
Quoting Alorente
The same thing happened in Oil. The Slope indi started to drop at 11:00 am CMT. At 19:00 CMT, Oil collapsed 2 bucks in 4 bars. The interesting thing is that the Slope indi calls the bottom of the drop too. One bar before the bottom of the drop, the indi started climbing decisively. So it tells you to get in 6 hours before the drop, and it tells you to get out 15 minutes before the end of the move. That is cool.
Can you pleeeeease post a chart? One pic is worth thousand words.
Thank you.
  • #1,563
  • Feb 28, 2012 1:46pm Feb 28, 2012 1:46pm
In EurAud short.
Observation is the path to discovery.
  • #1,564
  • Feb 28, 2012 1:47pm Feb 28, 2012 1:47pm
Quoting Alorente
In EurAud short.
and EURCAD !!
  • #1,565
  • Feb 28, 2012 1:49pm Feb 28, 2012 1:49pm
This is the Oil chart. See the drop for 6 hours of the Slope indi and the the huge drop. At the bottom, the indi calls the end of the move by beginning to climb on the bar prior to the bottom
Attached Image
Observation is the path to discovery.
  • #1,566
  • Feb 28, 2012 1:50pm Feb 28, 2012 1:50pm
In EurCad short.
Observation is the path to discovery.
  • #1,567
  • Feb 28, 2012 1:54pm Feb 28, 2012 1:54pm
Quoting interbucks
Al, but the EURAUD went right through that pivot.... any comments?
Yes. It still wasnŽt to the top band so it broke the Pivot on the second try. Now, on the way down, it should encounter the Pivot again around Center Line. If it stalls there I may get out.

But again, the Slope indi will give us a warning before it goes up again by turning up one bar before, from what IŽm seeing, so IŽll be watching it at the Pivot level.
Observation is the path to discovery.
  • #1,568
  • Feb 28, 2012 1:56pm Feb 28, 2012 1:56pm
Quoting Timo7
Hi Al, thanks for a great system, I trade higher time frame charts, H4 and D1, I'm going to try out this system on those time frames. Anyone else out there tried it? and what results? Any idea what to set the TMA indicator settings on? I'll experiment anyway, and post results. In the mean time I've tried this system live, on the M15. Just before going to bed, I search for the most likely candidates, and put in the orders and conservative TP, and I get a pleasant surprise in the morning!
It will work on the other TFs. You may have to adjust the ATR Multiplier input , but I would try it as is first. Tell us how you make out.
Observation is the path to discovery.
  • #1,569
  • Feb 28, 2012 1:57pm Feb 28, 2012 1:57pm
Quoting FXnitroC
hi Alorente ,

i'm planning to open a one account specially for test your system with your broker. can you please attach the link to your broker site.

thanks.

P.s
bcoz i'm a junior member i can not PM you .
http://www.fxpro.com/
Observation is the path to discovery.
  • #1,570
  • Feb 28, 2012 1:57pm Feb 28, 2012 1:57pm
Quoting Alorente
Yes. It still wasnŽt to the top band so it broke the Pivot on the second try. Now, on the way down, it should encounter the Pivot again around Center Line. If it stalls there I may get out.

But again, the Slope indi will give us a warning before it goes up again by turning up one bar before, from what IŽm seeing, so IŽll be watching it at the Pivot level.
Thx... getting the hang of it....!
  • #1,571
  • Feb 28, 2012 2:00pm Feb 28, 2012 2:00pm
Quoting Alorente
This is the Oil chart. See the drop for 6 hours of the Slope indi and the the huge drop. At the bottom, the indi calls the end of the move by beginning to climb on the bar prior to the bottom
Thank you!!
  • #1,572
  • Feb 28, 2012 2:03pm Feb 28, 2012 2:03pm
Short GbpAud.
Observation is the path to discovery.
  • #1,573
  • Feb 28, 2012 2:03pm Feb 28, 2012 2:03pm
Well read all pages I missed today and.....I found this new thing of slope/price divergence! I don't know if it's too good to be true but it really shows itself promising. I made some checks here and by on the charts and...wow.

My first impression is that its certainly working when you have a big move (up or down) alerting of the countermove... but maybe its still accurate in minor moves as - if I'm not wrong by reading all the pages in a breath - as Al is demonstrating with his trades of today.
  • #1,574
  • Feb 28, 2012 2:06pm Feb 28, 2012 2:06pm
Quoting Alorente
In EurCad short.
I don't want to be a pain, just want to understand your thinking. My TMA slope is not -.5 yet for a short.
  • #1,575
  • Feb 28, 2012 2:08pm Feb 28, 2012 2:08pm
It has worked on every chart IŽve looked at today, except AudNzd, but it seems the down move is beginning now.

The interesting thing I am seeing in all the charts, is the Slope indi starts going in the opposite direction again, one bar before the end of the fast move. So it is calling the beginning AND the end of the move. As you say, it seems too good to be true.
Observation is the path to discovery.
  • #1,576
  • Feb 28, 2012 2:09pm Feb 28, 2012 2:09pm
alorente,

what do you think of using 1 hr chart...ever tried it? I am making good use of it. Just want to make sure I am not just getting lucky. Best trades happen for me when 4hr and 1 hr line up above or below lines. thanks alot

will
  • #1,577
  • Feb 28, 2012 2:10pm Feb 28, 2012 2:10pm
Quoting bcarbon
I don't want to be a pain, just want to understand your thinking. My TMA slope is not -.5 yet for a short.
The Slope is +0.14 now, which means it is ranging, and thus trades in both directions are allowed. Read Page 1 Rule 1.
Observation is the path to discovery.
  • #1,578
  • Feb 28, 2012 2:11pm Feb 28, 2012 2:11pm
Quoting Alorente
http://www.fxpro.com/
thank you very much Alorente, i ll let you know how is the progress as we goes day by day testing your system.
  • #1,579
  • Feb 28, 2012 2:12pm Feb 28, 2012 2:12pm
Quoting Alorente
The Slope is +0.14 now, which means it is ranging, and thus trades in both directions are allowed. Read Page 1 Rule 1.
Between -050 and +0.50, trades in both directions are allowed. All of the trades I placed today were between these two figures.
Observation is the path to discovery.
  • #1,580
  • Feb 28, 2012 2:16pm Feb 28, 2012 2:16pm
Quoting Alorente
Between -050 and +0.50, trades in both directions are allowed. All of the trades I placed today were between these two figures.
Thank you.
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