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Extreme TMA System

  • #2,561
  • Mar 1, 2012 2:18pm Mar 1, 2012 2:18pm
Quoting Alorente
I agree that the higher the TF you go the more of a problem you may encounter with the trend being the same or not, still, the variations that you may get if you are trading H1 going by trend on M15 are not very significant. I will look at your normalized version this weekend in depth and see if we should make the change, or just use it for H1, H4 and D1.

Thanks for your work. It is greatly appreciated.
this point is very interesting for me also.

Thank you Al
Sabrina

P.S. nice avatar... mine is a work in progress....
  • #2,562
  • Mar 1, 2012 2:20pm Mar 1, 2012 2:20pm
Find myself in agreement with 4rx. Really liked the colored bars in v1.2 for end of day review over multiple time frames. Recognize that MT4 has buffer limitations that might not make this possible. Just saying.

Regardless, outstanding work, Shahrooz!

Steve
  • #2,563
  • Mar 1, 2012 2:22pm Mar 1, 2012 2:22pm
Quoting sabrys5769
this point is very interesting for me also.

Thank you Al
Sabrina

P.S. nice avatar... mine is a work in progress....
Yes. I was thinking about you when I wrote this. I know you trade H4 and D1.

I sent you a PM.
Observation is the path to discovery.
  • #2,564
  • Mar 1, 2012 2:26pm Mar 1, 2012 2:26pm
Doji and Spinning Top candles are also nice signs of reversal with Heiken Ashi, moreso than traditional candlesticks.
  • #2,565
  • Mar 1, 2012 2:31pm Mar 1, 2012 2:31pm
Quoting MMGood47
Vote is in!! WOW is right , Shahrooz and Crodzilla have made excellent contributions to this system. It's almost a no-brainer now when to enter and exit.
Thank You so much Al , you have helped struggling traders like myself to finally see light in the tunnel that isn't a train coming for us!
Thank you. I hope it is translating into many pips for you.
Observation is the path to discovery.
  • #2,566
  • Mar 1, 2012 2:33pm Mar 1, 2012 2:33pm
Quoting Tuauxp
Anybody the same problem as i have ??
If i put this in my indicators list i get an error and have to start up MT4 again. Than i am not able to start MT4 up because everytime i get the same error and i get stopped out MT4.
When i remove this file again i can start up again ??
I really like this indicator window, can anybody help me ?

thx Al and friends......
That sounds like a RAM problem to me. You need a new computer, or at least more RAM. I would go for the new computer with plenty of RAM.
Observation is the path to discovery.
  • #2,567
  • Mar 1, 2012 2:34pm Mar 1, 2012 2:34pm
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?
IMHO those arrows are not incorrect arrows. They are correct arrows when they appeared,but as time and trend developed another one came that was better. So they are important to be there. Rather than changing their color, replacing them with dots as in the Extreme Spike indicator would be easier on the eye. Besides, it would make the whole system more uniform.
  • #2,568
  • Mar 1, 2012 2:38pm Mar 1, 2012 2:38pm
Quoting bcarbon
IMHO those arrows are not incorrect arrows. They are correct arrows when they appeared,but as time and trend developed another one came that was better. So they are important to be there. Rather than changing their color, replacing them with dots as in the Extreme Spike indicator would be easier on the eye. Besides, it would make the whole system more uniform.
That is what I said before. They should be considered as reiterations of the condition. All the arrows are correct. The more arrows you have, the more attention they draw to a changing scenario marked by the divergences.
Observation is the path to discovery.
  • #2,569
  • Mar 1, 2012 2:43pm Mar 1, 2012 2:43pm
Quoting Alorente
Yes. I was thinking about you when I wrote this. I know you trade H4 and D1.

I sent you a PM.
I trust that this system will be streamlined (not that I have the knowledge to see what fine tuning is needed) in the near future to also suit the traders on the higher TF's, those like me with DAYJOBS.....prefer trading 4HR/Day.
I would like Al and other experts online here to give me, and maybe many others, some ideas in this regard plse.
(I'm GMT +2 by the way, and need to know what trading hours will be the best, etc....).
Thanks everyone for their input to help bring this TMA system to where it is today.
  • #2,570
  • Mar 1, 2012 2:46pm Mar 1, 2012 2:46pm
Quoting crodzilla
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
First off, thanks for your hard work.

As a user, options are always good, color and TF options just like the option to put what currencies in the slot you want. Jus my two...

cheers
  • #2,571
  • Mar 1, 2012 2:47pm Mar 1, 2012 2:47pm
Closed UsdCad +3 pips

Closed GbpUsd +4 pips

Closed AudJpy +10 pips
Observation is the path to discovery.
  • #2,572
  • Mar 1, 2012 2:48pm Mar 1, 2012 2:48pm
Quoting crodzilla
No, you were right the first time.
If you see a BUY (price under the TMA bands) and the BUY is RED, it means TMA is trending down.
If you see a BUY (price under the TMA bands) and the BUY is GREEN, it means TMA is trending up.

However, there is one caveat to my calculations of the TMA bands...
The separate TMAslope indicator calculates on every tick. So the slope may change from up to down several times during the same bar.

Due to the sheer amount of calculations that my indicator already does for all timeframes and pairs, I only calculate the...
Yeah... mine also went down on the knees..... can not use the indicator.... need more RAM.
  • #2,573
  • Mar 1, 2012 2:49pm Mar 1, 2012 2:49pm
All other trading systems seem to have disappeared from my computer. Poof, they are gone.

In their place, I now have 7 charts open, with which I am easily able to visualize when potential trades are setting up. And my computer is using less than 20% physical memory and between 1-3% CPU usage.

Many thanks Al, and all contributors. I will find a way to give and pay back for all that you've done.

Follow the money --Mark Felt (Deepthroat)
  • #2,574
  • Mar 1, 2012 2:51pm Mar 1, 2012 2:51pm
Today´s Trades:

Closed Trades:

UsdChf +18 pips

GbpUsd +17 pips

UsdCad +3 pips

GbpUsd +4 pips

AudJpy +10 pips

Total Closed for Today: +52 pips

Open Trades:

AudUsd -19 pips

S&P500 -24 pips
Observation is the path to discovery.
  • #2,575
  • Mar 1, 2012 2:52pm Mar 1, 2012 2:52pm
Quoting interbucks
Yeah... mine also went down on the knees..... can not use the indicator.... need more RAM.
Using CTRL-ALT-DEL and looking at windows task manager, the terminal.exe program, mine is using 200 megabytes running 2 of the indicators.

Carl

PS. Try turning the Small parameter to TRUE and see if that helps. It will only process the 15-min and 1hr timeframe.

PSS. The downside to a multi-currency, multi-timeframe indicator.
  • #2,576
  • Mar 1, 2012 2:54pm Mar 1, 2012 2:54pm
Total this week:

Monday: +243 pips

Tuesday: +222 pips

Wednesday: +275 pips

Thursday: +52 pips

Total: +792 pips
Observation is the path to discovery.
  • #2,577
  • Mar 1, 2012 2:56pm Mar 1, 2012 2:56pm
Quoting Alorente
Today´s Trades:

Closed Trades:

UsdChf +18 pips

GbpUsd +17 pips

UsdCad +3 pips

GbpUsd +4 pips

AudJpy +10 pips

Total Closed for Today: +52 pips

Open Trades:

AudUsd -19 pips

S&P500 -24 pips

Congratulations those are solid results considering todays PA...

What's gonna take to get some good movement?
  • #2,578
  • Mar 1, 2012 2:57pm Mar 1, 2012 2:57pm
Quoting longfellow
All other trading systems seem to have disappeared from my computer. Poof, they are gone.

In their place, I now have 7 charts open, with which I am easily able to visualize when potential trades are setting up. And my computer is using less than 20% physical memory and between 1-3% CPU usage.

Many thanks Al, and all contributors. I will find a way to give and pay back for all that you've done.

Thank you, man. This is just the beginning. We´ve been at it only since Tuesday of last week. We will continue to improve on what we have and try to pass as many tricks of the trade as possible to you.
Observation is the path to discovery.
  • #2,579
  • Mar 1, 2012 2:59pm Mar 1, 2012 2:59pm
Quoting Alorente
That sounds like a RAM problem to me. You need a new computer, or at least more RAM. I would go for the new computer with plenty of RAM.
Thats impossible just checked i a only running 35 Mbytes from MT4 and 250 Mbytes firefox. Even if i close firefox i cannot open it, strange......

Thx anyway for your help Al !
  • #2,580
  • Mar 1, 2012 2:59pm Mar 1, 2012 2:59pm
Quoting crodzilla
Using CTRL-ALT-DEL and looking at windows task manager, the terminal.exe program, mine is using 200 megabytes running 2 of the indicators.

Carl

PS. Try turning the Small parameter to TRUE and see if that helps. It will only process the 15-min and 1hr timeframe.

PSS. The downside to a multi-currency, multi-timeframe indicator.
They just need to ask Santa for a new computer. Oh, no... That just past... Well, for your birthday then, guys.
Observation is the path to discovery.
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