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Extreme TMA System

  • #2,641
  • Mar 1, 2012 8:13pm Mar 1, 2012 8:13pm
Quoting biganc
Attachment

The extreme data box is absent of data in the row and column boxes.
Any suggestions as to the problem?
I use FXDD and I have same problem. The table is empty.
Follow me to the Promised Land
  • #2,642
  • Mar 1, 2012 8:43pm Mar 1, 2012 8:43pm
Quoting crodzilla
If anybody has problems not seeing data in the grid, you have to tell me which broker you are using, so that I can test it and see if there is a symbol issue.

Also, if the terminal is loading data (left number going up), as can be seen in the bottom right corner of the terminal, MT4 is loading all the pairs and all the timeframes. It may take a minute or two. Changing timeframes will also re-initialize the indicator to prompt the terminal to continue to load data.

For most brokers that add suffixes, the indicator will add these automatically....

Carl
People should check to make sure that they don't have Ver 6 opened in chart as well
  • #2,643
  • Mar 1, 2012 8:44pm Mar 1, 2012 8:44pm
Quoting EaglePip
Hello Al,
Page 176 !! You are killing Us! Went to bed last night at page 140, another 36 pages to catch up on.
The huge attraction of this system is that it is now almost purely mechanical.
However, since pivots are an important element I thought it would improve confidence to get a better understanding of the Daily Pivot Indicator.
A simple search resulted in 12,100 links only on FF.
After a lot of dead ends, was able to locate a manual for the indicator in a Zip file on the THV Thread.
After trying different time offsets, it is obvious...
If you base your pivots on the previous days H/L then they all should be around the same. (slight variatons from different brokers and bank feeds but they all should be close) I know some traders will change with each session but that only changes if there is a new H/L. If you change to something else then every time zone, trade section will have different lines and you will have a nightmare. To keep things standardized you almost have to use the previous days H/L or everyone will have a different line setup and therefore chaos on using this indicator. I dont see how you can have variable inputs going into an indicator based on regions or time of day and get consistency in a system that everyone could follow or learn from. Maybe I am missing something but that would seem to me to be the result.
  • #2,644
  • Mar 1, 2012 8:54pm Mar 1, 2012 8:54pm
Quoting rdwatkins
Just an observation...

The Indicator is appropriately named "Freeway" in that the vertical bars serve as guard rails and give forewarning that a curve is imminent. Notice how all are stair-stepped before the upcoming turn radius is known by other indicators; then confirmed by the zero TMA histo cross-over from green to red.

The key here is to find out if it is as obvious in real-time as it appears to be here. If so, twinned with the TMA Slope indicator, we have dual confirmation, in a M5 time-frame of a major turn in the market for this...


Following your thoughts, below is a current chart of EURUSD 15 min. There isn't a perfect stairstep, but the 15 min 60 min and 240 min are stepwise. Additionally, the TMA slope has gone red to green. Could EURUSD be making a bottom now?
Attached Image (click to enlarge)
Click to Enlarge Name: 3-2 EURUSD 15 min.png Size: 31 KB
  • #2,645
  • Mar 1, 2012 9:07pm Mar 1, 2012 9:07pm
Quoting nanningbob
If you base your pivots on the previous days H/L then they all should be around the same. (slight variatons from different brokers and bank feeds but they all should be close) I know some traders will change with each session but that only changes if there is a new H/L. If you change to something else then every time zone, trade section will have different lines and you will have a nightmare. To keep things standardized you almost have to use the previous days H/L or everyone will have a different line setup and therefore chaos on using this indicator....
NB hope you are doing well mate. What do you think about using the daily/4h supports from your 10.1 system instead of OR in conjunction with the fpv,r1,r2's etc we use in this system?
  • #2,646
  • Mar 1, 2012 9:34pm Mar 1, 2012 9:34pm
Quoting Jemook
NB hope you are doing well mate. What do you think about using the daily/4h supports from your 10.1 system instead of OR in conjunction with the fpv,r1,r2's etc we use in this system?
When I did my 1.0 with the TMA the problem we faced was determining the trend to trade. That led to 10.0 and having definitions. Now only time and practice will determine whether those trend directions hold. S/R or using pivots becomes a personal decision on what you like or think works better. I was taught pivots when I first started trading but gravitated to S/R lines as being better. HOwever, they are better with higher TF but a 15M chart pivots may work better. At this point I really couldnt say. I have tried a handlful of trades with this system and all were winners. My problem is I only have short periods during the day to look at charts so I miss these 15M trade setups. WHy I became a 4H/Daily chart trader. Great system but doesnt fit my schedule very well.
  • #2,647
  • Mar 1, 2012 9:56pm Mar 1, 2012 9:56pm
Quoting Alorente
Is anyone else having a problem installing the 1.3 Slope indi?
I cant load it cause of different platform. Im using prorealtime. Is there any programmer to translate the code to prorealtime?
  • #2,648
  • Edited 10:13pm Mar 1, 2012 9:59pm | Edited 10:13pm
Quoting frollollc
Following your thoughts, below is a current chart of EURUSD 15 min. There isn't a perfect stairstep, but the 15 min 60 min and 240 min are stepwise. Additionally, the TMA slope has gone red to green. Could EURUSD be making a bottom now?
frollollc,

What comes hereafter is only the way I see value in this indicator at this time and is not trading advice. Give me ten minutes and I may think otherwise but, here goes...

Lets assume that PA takes the path of least resistance and plays bumper cars with SR in the short term. The bumpers are the TMA lines. If that is the case, then it would follow that logic that the PA would trend to the mid-line between S/R correct? Now with the passage of time the S/R (i.e. edges) move at 60, 240, 1440 and 10080 intervals and adjust to that trend or to fundamental news and influences.

So the image below has had the 4 TFs adjusted to the longer terms (60, 240, 1440 and 10080 intervals) and the chart set to the W1 TF to show that path. We all recognize that there will be zig and zag along the way but, unless otherwise affected by EURO news, least resistance seems logical.

Again, only my observations + my logic but, as you know, Logic "need not apply" to Forex Trading with her resume Also, this is for a much longer term than intra-day. As Al suggested, I am looking toward a H1 or H4 TF to trade swings and get accustomed to the system... still a noob.
Attached Image (click to enlarge)
Click to Enlarge Name: Assume the path of least resistance.jpg Size: 85 KB
  • #2,649
  • Mar 1, 2012 10:04pm Mar 1, 2012 10:04pm
Quoting crodzilla
You're right Al, but I'll make an exception for you...

Here is a new version 7...

1. Has bold font for Al.
2. Fixed the small version - blocked out to much of the screen.





Carl
Carl,How can I use the !ExtremeTMA_v7? the font is bigger, easy to see.
  • #2,650
  • Mar 1, 2012 10:25pm Mar 1, 2012 10:25pm
Quoting nanningbob
If you base your pivots on the previous days H/L then they all should be around the same. ......
Hello Bob,
I see your point and appreciate input from a stalwart of this community.
There will only be slight variation in pivots, if Daily High or Low occurs in the hours between GMT 0000 and the chosen session trading open hour, say GMT 0600.
(For example: Swing HIGH on EURUSD of 1.848 on the 0400 and 0500 GMT candles on Mar 1.).
I'm probably getting it mixed up with Daily Open and recall debate on DIBS Thread where it was of greater importance.
Obviously not a major concern in this instance.
Trust all is well in China.
EP
  • #2,651
  • Mar 1, 2012 10:52pm Mar 1, 2012 10:52pm
Bstay,

I was pointing out that the white gap between the red and blue segments of the vertical bars represents area of ranging between S/R and can be a representation of a wide version of the mid-line.

If you assume that the PA will always return to and spend a greater percentage of its time nearest the mid-line then, it follows that based on my prior graphic, that although there may be a retrace, the path of least resistance is downward. I could and likely will be proved wrong but, making a hypothesis and applying diligent "Observation is the path to discovery" (Quoting Alorente).
  • #2,652
  • Mar 1, 2012 11:07pm Mar 1, 2012 11:07pm
Quoting nanningbob
When I did my 1.0 with the TMA the problem we faced was determining the trend to trade. That led to 10.0 and having definitions. Now only time and practice will determine whether those trend directions hold. S/R or using pivots becomes a personal decision on what you like or think works better. I was taught pivots when I first started trading but gravitated to S/R lines as being better. HOwever, they are better with higher TF but a 15M chart pivots may work better. At this point I really couldnt say. I have tried a handlful of trades with this...
Changing subjects. My curiosity got the best of me.
"The trouble with quotes on the internet is that it's difficult to determine whether or not they are genuine. Abraham Lincoln".
Can you tell me how old is that Abraham Lincoln you are quoting?
  • #2,653
  • Mar 1, 2012 11:30pm Mar 1, 2012 11:30pm
Need a double check , is anyone using !ExtremeTMA_v8 having red/green colors showing up on the Buys/Sells cos mine's all grey on all TFs at the moment.
You gotta know when to hold 'em, know when to fold 'em ...
  • #2,654
  • Mar 1, 2012 11:31pm Mar 1, 2012 11:31pm
Quoting bcarbon
Can you tell me how old is that Abraham Lincoln you are quoting?
I can see Nanningbob going Gotcha!
EP
  • #2,655
  • Mar 1, 2012 11:40pm Mar 1, 2012 11:40pm
Quoting bcarbon
Changing subjects. My curiosity got the best of me.
"The trouble with quotes on the internet is that it's difficult to determine whether or not they are genuine. Abraham Lincoln".
Can you tell me how old is that Abraham Lincoln you are quoting?
That quote by Abraham Lincoln was from April 1st 2001.
  • #2,656
  • Mar 1, 2012 11:50pm Mar 1, 2012 11:50pm
Quoting nitrate73
Need a double check , is anyone using !ExtremeTMA_v8 having red/green colors showing up on the Buys/Sells cos mine's all grey on all TFs at the moment.
Same here Nitrate...
  • #2,657
  • Mar 1, 2012 11:58pm Mar 1, 2012 11:58pm
Quoting Jemook
That quote by Abraham Lincoln was from April 1st 2001.
No offense, but the only one that can answer that question is Nanningbob.
  • #2,658
  • Mar 2, 2012 12:05am Mar 2, 2012 12:05am
Quoting nitrate73
Need a double check , is anyone using !ExtremeTMA_v8 having red/green colors showing up on the Buys/Sells cos mine's all grey on all TFs at the moment.


If they only go red or green when m15 tmaslope is outside of -0.5 to 0.5 check the charts of the listed pair do you see any values outside of ranging? If not they should be all grey. Market is very quiet right now.
  • #2,659
  • Mar 2, 2012 12:21am Mar 2, 2012 12:21am
Quoting pedross
Same here Nitrate...
K thanks , just wanted to be sure .
You gotta know when to hold 'em, know when to fold 'em ...
  • #2,660
  • Mar 2, 2012 12:44am Mar 2, 2012 12:44am
Quoting crodzilla
If anybody has problems not seeing data in the grid, you have to tell me which broker you are using, so that I can test it and see if there is a symbol issue.

Also, if the terminal is loading data (left number going up), as can be seen in the bottom right corner of the terminal, MT4 is loading all the pairs and all the timeframes. It may take a minute or two. Changing timeframes will also re-initialize the indicator to prompt the terminal to continue to load data.

For most brokers that add suffixes, the indicator will add these automatically....
Carl,
For some reason, not having much luck with the indicator.
A window opens saying MT4 stopped working and MT4 shutsdown.
Have to then resort to the usual solution for this problem.
Go to the indicators folder and delete the file before restarting MT4.
I am with GFT and they do not have suffixes.
Thanks,
EP
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