DislikedPB, you don't have the source for the 4X Semafor do you? Been looking for it without much luck
cheersIgnored
PB
Hennis Extreme TMA System 98 replies
Happs with TMA Trading Journal 25 replies
TMA Reality Tour 114 replies
MTF TMA 287 replies
SnakeForce - simple TMA with alert? 3 replies
DislikedPB, you don't have the source for the 4X Semafor do you? Been looking for it without much luck
cheersIgnored
DislikedNo mistake. It is normal for a market to exceed the logical limits. Many times it is done to collect stops like yours... Donīt forget that brokers can see your stops. They are public knowledge. That is one of the reasons why I donīt use normal tight stops.Ignored
DislikedIt is strange I have a new PC with plenty of memeory, RAM and it runs 7 MT4 platforms with no problem, about 15% CPU usage but when I have this thread on FF open is shoots up to 90%/100% and the fan is on constantly, very noisy.
So it does not seem to be the platfrorms using the CPU but the one IE page I have open, this page.Ignored
DislikedUSDCAD turned around for u now, Al. I just missed it with my tight SL.Ignored
DislikedHi Alorente ,take a look at TMA system used with renko chart (brick size 5pips). The entry rule are the same but we don't wait for s/r and entry trigger is when little HA bar close and confirmed with rest of the rules, exit when we have litle HA bar close and confirmed with MA crossover color changeIgnored
DislikedI dont think that we should give up on spikes. Why?
Yesterday, while i was browsing through time frames i realized this:
- on m15, m30, h1 and h4 we had the red spikes around same value - 1.3480 (lets say T0);
[font=Arial Black][size=3][font="]- on the other hand, on m15, after red spike, few candles away, there was a low about 1.3421, marked by a simple spike...Ignored
Disliked[b]The new packet.zip file is on Page 1. It contains all of the latest indicators, including the TMA Slope Indicator version 1.3 with the new Trade Indicator, which tells you what trades are allowed. If the text is Ranging, you can trade both ways. Only longs and only shorts are self explanatory. It also gives you the new Universal M15 value. Now you will be able to see what the M15 Slope value is from any other TF chart, and trade accordingly without having to return to the M15 chart. I also loaded new versions of the templates for both full screen...Ignored
DislikedFor those people considering trading the M1 chart, here are my observations:
1. Try using the directional bias from the H1 chart rather than the M15. It seems to be working better for me. Or maybe combine the two and only take a M1 trade if both H1 and M15 are showing aligning trends? I haven't tried that, but it's worth looking into.
2. I added a semaphore indicator, which I know is notorious for it's repainting, but it does give you an extra visual heads-up that price direction is likely to change. It's often a good sign when it's lighting...Ignored
DislikedIt is difficult to know what to do about S/L, I see arguments for both sides.
I have certainly fallen victim to keep getting stopped out and then price go where we thought it would go originally, very frustrating.
But letting a loser run and run can also be very costly.
I only use small lots while I practice, 0.02 so that I can close half if given the chance.
But I do need to learn and understand the recovery method, I need to feel comfortable knowing that I can recover my trade, whether the same size lot is taken at the next S/R level or...Ignored
DislikedUSDCAD turned around for u now, Al. I just missed it with my tight SL.Ignored
DislikedHere is a normalized version of the slope indicator. It is not exact with the 15 min values so you will still need to figure out the trend ranges but at least it doesn't jump massively with different time frames.
This is a modified filed from Shah's post 1977 so it is otherwise recent.
It also only uses the most recent atr to normalize so there will be repaint issue from that. If you don't use that then the changing atr values will make the slope changes and the divergence arrows be out of sync with the original indicator.Ignored
DislikedIf you are going to use a stop, you need to have data about how prices run up from the pivots.
As far as I can tell from what I see on most pairs at the pivot points, I would not use a stop less than 30 pips because on the most trades it will not get taken out. Some pairs may need 50 pips to be effective. This is about probabilities. You will miss some trades buy you will not have to use recovery. This is not a recommendation though, but those are the variables you need to weigh.
Right now I use a 30 pip stop when I use one, and I immediately...Ignored
DislikedYou, it must have his platform updated, since some indicators become by a current version of mt4, by what the platform is blocked if it opens an indicator compiled in a version mas recent of that this you using. I cannot send the attached file in order that it solves his problem, for which ff does not allow me to raise the file, but must update his mt4. In order that it solves this problem.Ignored