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Extreme TMA System

  • #2,521
  • Mar 1, 2012 1:03pm Mar 1, 2012 1:03pm
Hi,

I am not a pro in this system but i realize with this system since it works off resistance/support levels, usually it means you can reenter a few times before the trade actually goes in the direction of profit.

just to share: i use the luktom visual order editor (it allows me to move my sl and tp graphically instead of crunching pip math). By using this, i can quickly claim profit and reenter as it hits the top of the resistance/support again.

here are my trades from today only. ALL using this system.

As you can tell: my trading style is different...but we all use the same system so everyone has their own style of trading. i prefer trades that i know almost 100% will go in my favour and i do NOT let my trades run long (as you can see most are for very few pips).

In summary: if you see a bar touching resistance/support for the 2nd time, then just keep reentering on that bar. This makes sense only if you can have big lots, small spread and use a visual order editor (just to make your life easy).

See attachment of photo
Attached Image (click to enlarge)
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  • #2,522
  • Mar 1, 2012 1:03pm Mar 1, 2012 1:03pm
Quoting shahrooz67
what do the arrows do ?!

They show simple things ! a change in the trend even if the candle not showing a trend changing !

Consider we have been in a buy trend and slope has already been rising !
in a moment the current candle shows still a bull trend (close > open) but the tma slope shows a divergence and starts to drop. that time is the exact time which the arrow appear !(it can be counted as a trend over(seems good for exit signals))

But why you have got arrows 2 and three or so on too ?!

because after arrow 1, the slope starts to rise again...
Excellent explanation.
Observation is the path to discovery.
  • #2,523
  • Mar 1, 2012 1:04pm Mar 1, 2012 1:04pm
Te escribo desde Alicante.

Has creado un gran sistema y como puedes ver este hilo es de los más seguidos por toda la comunidad de forexfactory.

Sigue así...
  • #2,524
  • Mar 1, 2012 1:06pm Mar 1, 2012 1:06pm
Quoting shahrooz67
what do the arrows do ?!

They show simple things ! a change in the trend even if the candle not showing a trend changing !

Consider we have been in a buy trend and slope has already been rising !
in a moment the current candle shows still a bull trend (close > open) but the tma slope shows a divergence and starts to drop. that time is the exact time which the arrow appear !(it can be counted as a trend over(seems good for exit signals))

But why you have got arrows 2 and three or so on too ?!

because after arrow 1, the slope starts to...
Well Sha anyway IMHO it would be useful that incorrect arrows could change colour (instead of the repainting option) signaling they were "incorrect" and helping the backstudy.

thank you anyway

PS what about that indicator you mentioned that can give indexes like sigtrader on any broker platform? Can you post it please?
  • #2,525
  • Mar 1, 2012 1:06pm Mar 1, 2012 1:06pm
Quoting pixelboy
Hi Greg - It's now very easy with OANDA. It takes about 10 seconds to set up a sub-account and you can make instant transfers between them. There is a limit of 20 transfers per day between accounts, but I'm sure that is more than enough. There are no fees involved with this, but it does say that you will incur an exchange rate difference if your accounts happen to be in different currencies. I'm guessing that you will keep them in the same currency though.

The great thing about OANDA is the lot sizing is so flexible that you can test this with...
Perfect! Thanks for that! I really like their java applet version, too. As you said, it is very fast!

Greg
  • #2,526
  • Mar 1, 2012 1:09pm Mar 1, 2012 1:09pm
Quoting shahrooz67
what do the arrows do ?!

They show simple things ! a change in the trend even if the candle not showing a trend changing !

Consider we have been in a buy trend and slope has already been rising !
in a moment the current candle shows still a bull trend (close > open) but the tma slope shows a divergence and starts to drop. that time is the exact time which the arrow appear !(it can be counted as a trend over(seems good for exit signals))

But why you have got arrows 2 and three or so on too ?!

because after arrow 1, the slope starts to rise again...
Thank you Shah
Tracking the Specialists.
  • #2,527
  • Mar 1, 2012 1:09pm Mar 1, 2012 1:09pm
I don't know why but I am trying to load the new indicator tma slope v3 with my oanda mt4 platform and I am anable to load it, i double click on it and nothing is hapening, somebody please... thx Max
  • #2,528
  • Mar 1, 2012 1:10pm Mar 1, 2012 1:10pm
Quoting prudente02
Te escribo desde Alicante.

Has creado un gran sistema y como puedes ver este hilo es de los más seguidos por toda la comunidad de forexfactory.

Sigue así...
Usted es absolutamente correcto. Al ha compartido un gran sistema con la comunidad. Tenemos que agradecerle muchísimo.
  • #2,529
  • Mar 1, 2012 1:11pm Mar 1, 2012 1:11pm
Quoting corvogrigio
Well Sha anyway IMHO it would be useful that incorrect arrows could change colour (instead of the repainting option) signaling they were "incorrect" and helping the backstudy.

thank you anyway

PS what about that indicator you mentioned that can give indexes like sigtrader on any broker platform? Can you post it please?

I should look for it in my CDs tomorrow.please remind me later again
  • #2,530
  • Mar 1, 2012 1:16pm Mar 1, 2012 1:16pm
OK. The new Packet.zip file is uploaded on Page 1. This has the latest version of everything, new Templates and Profile.

I promise I will not change it again for at least the next 30 minutes...Just kidding...
Observation is the path to discovery.
  • #2,531
  • Mar 1, 2012 1:17pm Mar 1, 2012 1:17pm
Quoting Alorente
Excellent explanation.

Al very sorry for my lots of postings
  • #2,532
  • Mar 1, 2012 1:18pm Mar 1, 2012 1:18pm
Quoting corvogrigio
Well Sha anyway IMHO it would be useful that incorrect arrows could change colour (instead of the repainting option) signaling they were "incorrect" and helping the backstudy.

thank you anyway

PS what about that indicator you mentioned that can give indexes like sigtrader on any broker platform? Can you post it please?
They are not incorrect. They are also showing divergence to price. On my THV4 system, sometimes I get several arrows one after another. Take the multiple arrows as an additional warning.
Observation is the path to discovery.
  • #2,533
  • Mar 1, 2012 1:19pm Mar 1, 2012 1:19pm
Quoting shahrooz67
Al very sorry for my lots of postings
Sorry? You just earned a Vouch from me. Congratulations.
Observation is the path to discovery.
  • #2,534
  • Mar 1, 2012 1:20pm Mar 1, 2012 1:20pm
Quoting bcarbon
Right now there are from 150 to 170 viewers to this thread. Al's generosity with his knowledge and help is incomparable. He is continuously answering questions over and over again without a trace of impatience or anger. His system is terrific and getting better each day. However, the thread has only four stars, voted by only 48 members out of the thousands that have benefited from it (over 2,000 posts). So those of you who have not voted yet, please do so. At the top of the page, on the right hand corner, under page numbers...

YES!!! we made it to five stars . Although, I think it should be ten. Those of you who have not voted yet, go for it. So far there have been 79 votes.
  • #2,535
  • Mar 1, 2012 1:21pm Mar 1, 2012 1:21pm
Quoting Alorente
OK. The new Packet.zip file is uploaded on Page 1. This has the latest version of everything, new Templates and Profile.

I promise I will not change it again for at least the next 30 minutes...Just kidding...

Thanks Al
  • #2,536
  • Mar 1, 2012 1:21pm Mar 1, 2012 1:21pm
Quoting bcarbon
YES!!! we made it to five stars . Although, I think it should be ten. Those of you who have not voted yet, go for it.
You are something else, Bcarbon.
Observation is the path to discovery.
  • #2,537
  • Mar 1, 2012 1:22pm Mar 1, 2012 1:22pm
Quoting Alorente
Sorry? You just earned a Vouch from me. Congratulations.

Wow Excellent news !

Better than gaining pips !

Thank you AL

Hope I be deserved of it !
  • #2,538
  • Mar 1, 2012 1:25pm Mar 1, 2012 1:25pm
Quoting maximus2005
I don't know why but I am trying to load the new indicator tma slope v3 with my oanda mt4 platform and I am anable to load it, i double click on it and nothing is hapening, somebody please... thx Max
Is anyone else having a problem installing the 1.3 Slope indi?
Observation is the path to discovery.
  • #2,539
  • Mar 1, 2012 1:33pm Mar 1, 2012 1:33pm
Quoting Olarion1975
Great work!

Would it be possible to monitor more than 8 pairs? That would be very nice.
That is the plan. I would like to be able to have as many instances, for as many pairs as you want to follow. I just have to have a way for you to offset more indicators.

And, also one to watch gold, oil, silver, stocks, etc. Which will be simple to do.

Carl
  • #2,540
  • Mar 1, 2012 1:33pm Mar 1, 2012 1:33pm
Hi Al-

I have been following this thread religiously and see enormous potential in it. I have been a forex trader for 10 years, and I am really enjoying your insights, patience, and support for everyone on this thread. I will start to trade your strategy live, so I just wanted to introduce myself to the community. I hope I can contribute to the discussions with the same vigor and skill as you and some of the other contributors. Thanks for having me...

Anthony
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