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Extreme TMA System

  • #1,741
  • Feb 29, 2012 5:29am Feb 29, 2012 5:29am
Short on A/U M15 setting up.

slope + .31, price pierced upper line, extreme bear spike, blue nearly crossing red,
  • #1,742
  • Feb 29, 2012 5:34am Feb 29, 2012 5:34am
About 80% for THV as opposed to around a 94% success rate for TMA. Having a huge success rate like this is necessary to be able to use Recovery, because you will only use it in an isolated trade that goes bad on you, not on 20% of the trades as with THV.

Al,

When you say 94% positive trades with tma, I assume you mean before recovery. With the recovery method do you end up with 100% positive trades?

Biganc
  • #1,743
  • Feb 29, 2012 5:37am Feb 29, 2012 5:37am
Quoting stevewide
Al: could it be that you will drop your THV setup and use the Extreme TMA System exclusively?

Your friend,

Steve
Another important point if you want to become a top trader. You mentioned in your post using the TMA system exclusively. My first thought was "Why would I do that". I donīt care how good a system you have, it will always be better to get second and third opinions from your second and third best systems you have.

If you are standing by a light, waiting to cross the street. You can wait for the light to turn green and cross the street OR you can wait for the light to turn green and after it does, look to your left to make sure that the cars have stopped and then cross the street.

I recommend the latter method.
Observation is the path to discovery.
  • #1,744
  • Feb 29, 2012 5:39am Feb 29, 2012 5:39am
M15
E/G
E/U
U/C
N/J

getting close.
  • #1,745
  • Feb 29, 2012 5:40am Feb 29, 2012 5:40am
Quoting Alorente
the THV4 system as a backup to give me a good overall view of where the market is and what it is doing. THV is better than TMA at giving you a birds eye view, ....
Guess that means I need to get my THV4 to work better...had to get coral from another thread before it would show up and the THV4 runs so slow even with my fast pc. But I'll get it working because I want to follow you as close as I can. Thanks for the insight.

Steve
  • #1,746
  • Feb 29, 2012 5:40am Feb 29, 2012 5:40am
Quoting normtold
Short on A/U M15 setting up.

slope + .31, price pierced upper line, extreme bear spike, blue nearly crossing red,
too close to center line for me....especially using the sell EA
  • #1,747
  • Feb 29, 2012 5:42am Feb 29, 2012 5:42am
Quoting biganc
About 80% for THV as opposed to around a 94% success rate for TMA. Having a huge success rate like this is necessary to be able to use Recovery, because you will only use it in an isolated trade that goes bad on you, not on 20% of the trades as with THV.

Al,

When you say 94% positive trades with tma, I assume you mean before recovery. With the recovery method do you end up with 100% positive trades?

Biganc
No. I only use recovery on trades that go -100 pips against me. I will take a small loss now and then, like I did yesterday. Those are included in the win/loss percentage. The recovery trades are not. Recovery trades I count as losers after they go more than 30 pips against me, since I would have been stopped out if I had a SL at -30 pips. Those loser trades I later recover through a different system (Recovery) and at an additional risk.
Observation is the path to discovery.
  • #1,748
  • Feb 29, 2012 5:44am Feb 29, 2012 5:44am
Quoting normtold
M15
E/G
E/U
U/C
N/J

getting close.
Yes, and watch how the slope indi drops off the table when you are close to entering.
Observation is the path to discovery.
  • #1,749
  • Feb 29, 2012 5:44am Feb 29, 2012 5:44am
Quoting frollollc
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?
If your pair has a suffix, do not enter it, the indicator will do that for you.

Carl
  • #1,750
  • Feb 29, 2012 5:45am Feb 29, 2012 5:45am
Quoting frollollc
too close to center line for me....especially using the sell EA
Thanks, you are probably right, just trying to learn.

I did set my take profit at a conservative 1.08130 which is the mid line.
  • #1,751
  • Feb 29, 2012 5:47am Feb 29, 2012 5:47am
Quoting crodzilla
If your pair has a suffix, do not enter it, the indicator will do that for you.

Carl
thank you...I'll do that
  • #1,752
  • Feb 29, 2012 5:57am Feb 29, 2012 5:57am
Quoting lologo
Hi Al,

TMASlope alone seems to give good signals when it crosses the 0 point.
Again, 20/20 hindsight. It will always look great.

Carl
  • #1,753
  • Feb 29, 2012 6:02am Feb 29, 2012 6:02am
Quoting normtold
I am in that category and have been watching the H1 charts today.

On another note, anyone else having sizing problems with Crods !Extreme TMA v5? The writing is overlapping on my screen.
I'm using the default "Ariel" font built into windows. If you have a program that has modified the system fonts, you will see this type of problem.

Carl
  • #1,754
  • Feb 29, 2012 6:03am Feb 29, 2012 6:03am
Haven't even had a cup of coffee yet (EST), and I've got to read 10 pages...

Whew...
  • #1,755
  • Feb 29, 2012 6:07am Feb 29, 2012 6:07am
Quoting crodzilla
Haven't even had a cup of coffee yet (EST), and I've got to read 10 pages...

Whew...
Sorry Carl,

You are right, I talk a lot...
Observation is the path to discovery.
  • #1,756
  • Feb 29, 2012 6:10am Feb 29, 2012 6:10am
Hi Gang - I just really started using this system yesterday and last night while I was asleep. I am on the east coast of USA so that is GMT-5 I think. Now I post these trades just to show how effective sys can be without much effort. Just did the basics with no SL - Entered at top or thereabouts and tried for profit
around center line. The first trade I closed manually because I did not like way it looked and then raised new orders to 2 lots. All were in afternoon of US and evening / night. Sorry do not know how to post charts yet.
Anyway my results: 5 trades = +54 pips

GBP/USD 1 lot S 1.58905 1.59018 -11.2 pips
EUR/USD 2 lot S 1.34681 1.34622 + 5.9 pips
EUR/USD 2 lot S 1.34730 1.34339 +39.9 pips (EA assisted while I slept)
USD/CAD 2 lot S .99359 .99251 +10.8 pips (limit order while I slept)
NZD/JPY 2 lot S 67.93 67.83 +10.0 pips (limit order while I slept)
  • #1,757
  • Feb 29, 2012 6:11am Feb 29, 2012 6:11am
Quoting Alorente
Sorry Carl,

You are right, I talk a lot...
Oh no Alorente ,
It is a pleasure to read every word you are saying and we all love you .
  • #1,758
  • Feb 29, 2012 6:13am Feb 29, 2012 6:13am
Quoting tomthepoppop
Hi Gang - I just really started using this system yesterday and last night while I was asleep. I am on the east coast of USA so that is GMT-5 I think. Now I post these trades just to show how effective sys can be without much effort. Just did the basics with no SL - Entered at top or thereabouts and tried for profit
around center line. The first trade I closed manually because I did not like way it looked and then raised new orders to 2 lots. All were in afternoon of US and evening / night. Sorry do not know how to post charts yet.
Anyway...
Good deal ! Isnīt it great to make money while you snore away and dream beautiful dreams...
Observation is the path to discovery.
  • #1,759
  • Feb 29, 2012 6:14am Feb 29, 2012 6:14am
Quoting FXnitroC
Oh no Alorente ,
It is a pleasure to read every word you are saying and we all love you .
Well, the feeling is mutual...
Observation is the path to discovery.
  • #1,760
  • Feb 29, 2012 6:21am Feb 29, 2012 6:21am
Today we are seeing the other side of the Extreme TMA System. Maybe its most valuable side. It keeps us out of trading when good trades are not there to be had. This is the biggest problem of most other systems Iīve tried. They get you into the good trades pretty well, but they donīt keep you out of the bad ones.
Observation is the path to discovery.
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