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Extreme TMA System

  • #1,621
  • Feb 28, 2012 4:33pm Feb 28, 2012 4:33pm
Ok, I'm posting the template of sorts, to put this method in a dashboard type indicator.

This is by no means finished. This indicator is multi-pair and multi-timeframe, so it is very complicated. I have to work on this in stages.

This first version is to sort out the TMA for all timeframes and all pairs specified. It will indicate whether a pair and timeframe is in the TMA sell zone or buy zone.

Yes, you can change the pairs in the parameters. If you have an "m" after the "EURUSD", then the indicator will attach it for you (or any post-fix). Just enter the currency pair in the slot.

If the "small" parameter is "true", the indicator will only show 15-min and 1-hr timeframes.

If the "small" parameter is "false", the indicator will show ALL timeframes.

I will not post the .mq4 yet, until there is substantial completion of the method.

I will only modify the indicator if AL directs as much. I will not take personal requests, I don't have time for that.

Al, if you want, I recommend you open a new thread for the indicator related discussions, so that this thread can stay as a method discussion.

Carl

PS. You can attached this to any pair or timeframe as it is not timeframe dependent.
Attached File(s)
File Type: ex4 !ExtremeTMA_v5.ex4   28 KB | 1,008 downloads
  • #1,622
  • Feb 28, 2012 4:36pm Feb 28, 2012 4:36pm
Quoting stevewide
Al: your helping me in real time seeing how fast you enter and how long you hold and where you exit...and much more how easy you handle yourself.

Best lessons I've had in a long time.

Thanks for so much,

Steve
Iīve been doing this a loooong time, friend. After so many years, itīs easy not to get nervous no matter what the situation is. I think you guys saw it in the Gold trade today. A less experienced trader would have been shaking in his/her boots, as gold quickly went against me for 12 bucks. I was calm and I new I would be ok with the recovery system. I also saw that Gold was over extended and there where bearish divergences all over the place in the Slope indi, the RSI, The THV4 Trix indicator. It was due for a fast fall and thatīs what happened. End result: Breakeven and a hell of a 5 hour ride up and down. It was a lot of fun. I enjoyed that trade more than one of the winners because it was a challenge.
Observation is the path to discovery.
  • #1,623
  • Feb 28, 2012 4:36pm Feb 28, 2012 4:36pm
Quoting Alorente
I start trading at 3 EST (London Market) and end, or try to end by 4 EST when the US stock market closes.

I will think about the EA. It will be nowhere close to the results that I spoke about because I check many other things, like Support and Resistance level proximity, etc.
Wow 3 till 4. All that in one hour. Joking my friend. Exactly about the EA, that's why I said it could not duplicate the human mind. Anyway, with it or without this is great. Thanks again.
  • #1,624
  • Feb 28, 2012 4:38pm Feb 28, 2012 4:38pm
-Divergence detection is do-able for the indicator.

Carl
  • #1,625
  • Feb 28, 2012 4:39pm Feb 28, 2012 4:39pm
Quoting crodzilla
Ok, I'm posting the template of sorts, to put this method in a dashboard type indicator.

This is by no means finished. This indicator is multi-pair and multi-timeframe, so it is very complicated. I have to work on this in stages.

This first version is to sort out the TMA for all timeframes and all pairs specified. It will indicate whether a pair and timeframe is in the TMA sell zone or buy zone.

Yes, you can change the pairs in the parameters. If you have an "m" after the "EURUSD", then the indicator will attach it for you (or any post-fix)....
Man you are fast, Carl. I really appreciate this. Iīll examine it and email you my thoughts about it. Thanks a million, friend.
Observation is the path to discovery.
  • #1,626
  • Feb 28, 2012 4:44pm Feb 28, 2012 4:44pm
You are welcome. And I look forward to the development of your method to the fullest. I can't say I envision a full EA, as I don't think a person should ever NOT be in control of one's money... but, an indicator that can pinpoint a great entry following your rules would be of great help, as it can monitor all pair you desire.

I have re-used a lot of code from a CCI divergence thread I posted to in the last couple of months. But, please vet this and let me know.

We can re-model the looks of things later...

If you open a new thread for the indy, let me know so I can post updates to it.

Carl
  • #1,627
  • Feb 28, 2012 4:46pm Feb 28, 2012 4:46pm
Quoting Bruma
Hi everyone, First post ever at FF.

Congrats Al! Great Thread.
Your way of doing things... you are a true gentleman.

I personally trade Market-Cycles in H4 and M15, and it is unbelievable how Extreme-TMA entries matched with Market-Cycles entries.
Someone wrote that it was impossible for EURUSD to fall, and the TMA system gave a SHORT entry a while ago, and it was also a closing-cycle entry, which is a high-probability strong SELL signal, at least 2/3 down the current M15 cycle near to 3415.

This is just one coincidence, but almost every...
Happy to hear from you Bruma. Does your Market Cycle System have indicators that repaint also like mine?

I am not surprised the signals are almost identical. The market has a natural rhythm and all we are doing is detecting the amplitude of the waves and the time for a complete wave to form.

I would like to see your system if you donīt mind. Just curiosity. Iīm a lost cause, iīm fanatical about anything and everything "trading".

Iīll pm you my email.

Thanks again.
Observation is the path to discovery.
  • #1,628
  • Feb 28, 2012 5:05pm Feb 28, 2012 5:05pm
Iīve simplified Rule one on Page 1 and I posted a new packet.zip file, with the latest TMA Slope indicator (version 1.2), templates and Profile.
Observation is the path to discovery.
  • #1,629
  • Feb 28, 2012 5:36pm Feb 28, 2012 5:36pm
I think I was able to fix the TMA Slope colors for Gold multiplying its settings by 10.

Not sure if it's correct to do that, but it seems fine... Any thoughts ?

Please, check the attached screenshot.
Attached Image (click to enlarge)
Click to Enlarge Name: TMA slope - colors fixed.jpg Size: 131 KB
  • #1,630
  • Feb 28, 2012 5:38pm Feb 28, 2012 5:38pm
Hi Al

You have a reason you changed the parameters to enter based on the slope?

I know today tons of trades, I didn't see a loser, all in that little sweet spot(-0.50 to 0.50).

cheers
  • #1,631
  • Feb 28, 2012 5:42pm Feb 28, 2012 5:42pm
Quoting goldsurfer
Hi Al

You have a reason you changed the parameters to enter based on the slope?

I know today tons of trades, I didn't see a loser, all in that little sweet spot(-0.50 to 0.50).

cheers
Yes. I noticed everyone including me were entering in the sweet spot as you call it, so decided to keep only this area available for counter trades.
Observation is the path to discovery.
  • #1,632
  • Feb 28, 2012 6:01pm Feb 28, 2012 6:01pm
Quoting Alorente
I will only publish my trades real time and end of day results till the end of the week. It takes too much time to do it and I already can barely get a bite to eat.
Al, publishing your real time trades for almost two weeks (from February 21 to March 2) is very nice and very jenerous of you! I'm sure it helped a lot all of the thread's participants. Thank you very much!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,633
  • Feb 28, 2012 6:08pm Feb 28, 2012 6:08pm
Quoting Alorente
.... A less experienced trader would have been shaking in his/her boots, as gold quickly went against me for 12 bucks....
So true. Its the reason why some of us keep bouncing around from thread to thread when the system is not decisive or at the slightest hint of trouble. I'm back here as I see the system maturing nicely and confidence levels rising.

Quoting Alorente
I was calm and I new I would be ok with the recovery system. .... Breakeven and a hell of a 5 hour ride up and down. It was a lot of fun. I enjoyed that trade more than one of the winners because it was a challenge.
Sounds so much like the illustrious fti and the Art of War.
dp
  • #1,634
  • Feb 28, 2012 6:10pm Feb 28, 2012 6:10pm
I'm just not have luck trading counter trend out here on the U.S. West coast. Signals are rarely moving 5 pips in my direction, before continuing on in the trend.

Both EU and GDP gave valid sell signals and neither came anywhere near being on the plus side, before zooming off again with the trend.

Then there was divergence in the TMA slope and PA, so I stuck around based on all the discussions today about that being a nice indicator of upcoming reversal and both simply paused briefly and went up.

Anyone else noticing this? I'm thinking I am going to have to adjust my trading times.
  • #1,635
  • Feb 28, 2012 6:11pm Feb 28, 2012 6:11pm
Quoting Alorente
I will only publish my trades real time and end of day results till the end of the week. It takes too much time to do it and I already can barely get a bite to eat.

I am doing it so you can see in real time that the system is very profitable and so you learn when to enter, exit, etc. As I said at the beginning, with practice and experience, you should be able to get over 100 pips a day, full time. I average around 200 pips a day, trading 11 hours.

It takes time to master the system, so donīt get discouraged if your numbers are not coming in...
I get lots from your actual trades. (Not as trading signals) I go to my platform and see the settings in real time. Like in my previous post, had you not posted your actual trade I would still be over-sighting that detail of ranging trades, regardless of having read post 1 few times.
  • #1,636
  • Edited 7:05pm Feb 28, 2012 6:12pm | Edited 7:05pm
Al,

I work all day long, so I'm only able to study the Extreme TMA setup trades at night.

And to study and analyze the TMA slope "prediction", I'm using M1 charts. I would never trade a M1 chart, I'm just using it so I can study the indicators LIVE, and faster (by not having to watch a M15 chart) !

Please, check the screenshot below. That's an EUR/USD M1 chart.

Look how beautiful that short trade would be. Around 6 pips in less than 10 minutes. I was watching this chart live, and noticed not only the upward spike (beside the 1st yellow arrow), but also, that the TMA slope started to go down.

Now, notice the 2nd yellow arrow. When the TMA slope begins to move up, it's saying for you to close the trade. Also, the was a downward spike.

Please note that at the moment of entry, the MA Crossover Histogram was all dark blue. It became red only 3 or 4 candles/minutes after.

So I guess that's one more case where the TMA slope tells you when to get out ! The timing was just perfect ! Brilliant !

The second chart is for us to see just how the EUR/USD went up after the TMA slope started to go up, telling us to exit the short position.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Study of EURUSD M1 trade.jpg Size: 118 KB
Click to Enlarge Name: Study of EURUSD M1 trade (2).jpg Size: 113 KB
  • #1,637
  • Feb 28, 2012 7:33pm Feb 28, 2012 7:33pm
Quoting crodzilla
Ok, I'm posting the template of sorts, to put this method in a dashboard type indicator.
Awesome!! I'm guessing we can't add other pairs yet but it will be awesome having all the pairs in one window available for analysis. Looks great. Amazing job Croddy
  • #1,638
  • Feb 28, 2012 7:55pm Feb 28, 2012 7:55pm
Quoting Jemook
Awesome!! I'm guessing we can't add other pairs yet but it will be awesome having all the pairs in one window available for analysis. Looks great. Amazing job Croddy
Thanks. You can change the pairs now. But, I'll try to make it so you can add multiple indicators and position them in different places.

We'll work on making the indications more compact so we can put more information in a tighter spot.

But first, we need to get all the rules in the indicator.

I've traded this method on and off the last week or so, and I have not had a losing day yet.

I'm excited.

Carl
  • #1,639
  • Feb 28, 2012 7:57pm Feb 28, 2012 7:57pm
Be careful beto21, hindsight is 20/20, especially with these re-painting indicators. The past always looks rosy.

Carl

Quoting beto21_cwb
Al,

I work all day long, so I'm only able to study the Extreme TMA setup trades at night.

And to study and analyze the TMA slope "prediction", I'm using M1 charts. I would never trade a M1 chart, I'm just using it so I can study the indicators LIVE, and faster (by not having to watch a M15 chart) !

Please, check the screenshot below. That's an EUR/USD M1 chart.

Look how beautiful that short trade would be. Around 6 pips in less than 10 minutes. I was watching this chart live, and noticed not only the upward spike (beside the 1st yellow...
  • #1,640
  • Feb 28, 2012 8:35pm Feb 28, 2012 8:35pm
Quoting crodzilla
Ok, I'm posting the template of sorts, to put this method in a dashboard type indicator.

This is by no means finished. This indicator is multi-pair and multi-timeframe, so it is very complicated. I have to work on this in stages.

This first version is to sort out the TMA for all timeframes and all pairs specified. It will indicate whether a pair and timeframe is in the TMA sell zone or buy zone.

Yes, you can change the pairs in the parameters. If you have an "m" after the "EURUSD", then the indicator will attach it for you (or any...

Hello,

I applied your indicator to my EURUSD chart. My broker uses a suffix of dt Therefore the pair is EURUSDdt I entered the pairs in the inputs with the dt suffix, but the result is a table with only dashes. What am I doing wrong?
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