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Extreme TMA System

  • #2,661
  • Mar 1, 2012 10:49pm Mar 1, 2012 10:49pm
Quoting EaglePip
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
Eagle , what build is your MT4 ? , mines running fine on build 409.
You gotta know when to hold 'em, know when to fold 'em ...
  • #2,662
  • Mar 1, 2012 11:19pm Mar 1, 2012 11:19pm
Quoting Pat1
Hi All and Al,

Here is something that might help understand your system, which by the way is super.

Some of the directions are mostly for the benefit of newcomers to MT4.


Open a 15 minute chart of any Pair.
Right click on chart, select Properties, Select Common Tab, and make sure Chart Shift and Chart auto scroll are selected.

Place Indicator on chart. Opens up the input dialog.

There are four TF variables set to 15,60,240 and 1440.

The MA is set to 56, ATR to 100 and BandShift to 2.0.

Click Ok

The White areas are the...
Pure genius Pat.
Thanx for the indie
.... laughing all the way to the bank
  • #2,663
  • Mar 1, 2012 11:40pm Mar 1, 2012 11:40pm
Quoting Pat1
Now the fun part.

To the Right of the "Freeway" is a White Vertical line. Select it and drag it over the PA.

The Freeway will recompute the bands for that bar as soon as there is an incoming tick. Indicators are recalculated at every incoming tick.

If you leave it at that position, in a few seconds the vertical line will move to its default position and the Freeway will show the real-time bands.

When you move the line to a swing top or bottom, pay close attention to the various band levels. Draw some horizontal lines at at those locations....
Hi Pat,
My english is very bad (sorry) Can you explain this point with picture please ?

thanks a lot
jean-francois
  • #2,664
  • Mar 2, 2012 12:04am Mar 2, 2012 12:04am
Quoting nitrate73
Eagle , what build is your MT4 ? , mines running fine on build 409.
Build 402. No problems with most other indicators.
EP
  • #2,665
  • Mar 2, 2012 12:05am Mar 2, 2012 12:05am
23 minutes since last post and London has opened. Guess this is a test message since something seems off.
  • #2,666
  • Mar 2, 2012 12:07am Mar 2, 2012 12:07am
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...
EaglePip,

I have used many different Pivot Indicators and have found the one we are using now to be the most accurate. It is based on Fibonacci Pivots, not Standard Pivots. You can plainly see how PA bounces off our lines, right where they are placed by the indicator. As for as the time setting, GMT is the favorite of most traders and that´s what I have mine set too. I recommend all of you set your HrsChoiceOffest input to 0, for GMT. Of course, you must set the previous input to where your Broker Server is located.
Observation is the path to discovery.
  • #2,667
  • Mar 2, 2012 12:07am Mar 2, 2012 12:07am
!ExtremeTMA_v6 show EU buy [ M1,M5,M15,M30,H1,H4] red value slope = -0.18 , ranging .

Is this signal to long EURUSD ?
Exits == most important part of your strategy
  • #2,668
  • Mar 2, 2012 12:10am Mar 2, 2012 12:10am
Quoting Firebird
To all
I was having a few probs with mine in other areas, so I deleted all the files in Metatrader, i.e. Experts, Indicators, Profiles.
Reinstalled Packet.zip and all is as it should be

Hope this helps.

FB
Yes. There have been so many individual indis posted in the past few days that you may end up with scrambled eggs instead of the omelet we are trying to cook.
Observation is the path to discovery.
  • #2,669
  • Mar 2, 2012 12:11am Mar 2, 2012 12:11am
And we are off! Looks like there will be more movement today than yesterday.

What do you guys think of USDJPY's current position?
  • #2,670
  • Mar 2, 2012 12:13am Mar 2, 2012 12:13am
Quoting faxxion
Hola Alfredo,

I just bagged my first 24 pips using your system. I am tempted to start trading when you do tomorrow, but 3:00 am rolls around pretty early here on the east coast. We will have to wait and see. Until then, I just wanted to reiterate my appreciation for your sharing of ideas and patience in teaching.

Your Friend,

William
Your welcome, my friend. I am learning much from all of you too.

By the way, I like how you write...
Observation is the path to discovery.
  • #2,671
  • Mar 2, 2012 12:15am Mar 2, 2012 12:15am
Hello AL.


I think you should consider some limitations for posting new indicator here ! (except the ones you approve, if you accept the indi then comes to the public)
If this continues the original case(your system) will be lost soon and the new comers are the only one who will be confused

Just a suggestion
  • #2,672
  • Mar 2, 2012 12:17am Mar 2, 2012 12:17am
Quoting calvin1006
Support!! this is a very good thread and overall the strategy is good,

1) sell on top band and only buy at btm band which is --> only sell high, and buy low..


2) follow the TMA slope --> follow the trend..

For me, overall this thread sure will make some good profit in a long run.. Hope to join you all in this thread. =)

Calvin

Calvin
Welcome aboard !!
Observation is the path to discovery.
  • #2,673
  • Mar 2, 2012 12:23am Mar 2, 2012 12:23am
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...
Well Bob, I am glad you hit on some winners. I am also very happy to hear you say: "Great system..."

Thanks.
Observation is the path to discovery.
  • #2,674
  • Mar 2, 2012 12:23am Mar 2, 2012 12:23am
Quoting Alorente
Welcome aboard !!
Buenos dias ,

Im writing from Alcala de Henares. I would like the source code in order to build it in prorealtime platform which is what my broker is using.

Muchas gracias
  • #2,675
  • Mar 2, 2012 12:25am Mar 2, 2012 12:25am
Quoting aren
Carl,How can I use the !ExtremeTMA_v7? the font is bigger, easy to see.
Version 8 is out. You should use it instead of 7.
Observation is the path to discovery.
  • #2,676
  • Mar 2, 2012 12:29am Mar 2, 2012 12:29am
Quoting SnailRoll
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.
Those are my thoughts exactly.
Observation is the path to discovery.
  • #2,677
  • Mar 2, 2012 12:32am Mar 2, 2012 12:32am
Attached Image (click to enlarge)
Click to Enlarge Name: 15min.gif Size: 24 KB


Hi Al,

Have a look on the EU - 15min.
Seems like it will break S2 and futher down, so can i follow the rules and buy? or wait first?


Calvin
  • #2,678
  • Mar 2, 2012 12:32am Mar 2, 2012 12:32am
Quoting le celte
Hi Pat,
My english is very bad (sorry) Can you explain this point with picture please ?

thanks a lot
jean-francois
Le Celte, just try it yourself...Move the vertical line to the previous swing high or low and observe how the white areas in the 4 columns act. It is clear and simple to see.
Observation is the path to discovery.
  • #2,679
  • Mar 2, 2012 12:38am Mar 2, 2012 12:38am
Quoting shahrooz67
Hello AL.


I think you should consider some limitations for posting new indicator here ! (except the ones you approve, if you accept the indi then comes to the public)
If this continues the original case(your system) will be lost soon and the new comers are the only one who will be confused

Just a suggestion
I agree that it is a problem, but traders are and should be free to post what they think works for them. It is up to each one of us to decide what to do with the indicators. The "officially" tested and approved indicators are always the ones contained in the Packet.zip file on page one. I am currently reviewing 3 of the recently posted, including Pat´s, to determine the value they may have as it relates to our system. Only indis that make the system more accurate or profitable will be added to the Packet.zip file.
Observation is the path to discovery.
  • #2,680
  • Mar 2, 2012 12:39am Mar 2, 2012 12:39am
Quoting le celte
Hi Pat,
My english is very bad (sorry) Can you explain this point with picture please ?

thanks a lot
jean-francois

je pense vous etes en france.
qu'une traduction :

Déplacez la ligne verticale de la balançoire précédente haute ou basse et observer la façon dont les zones blanches de l'acte 4 colonnes. Il est clair et simple à voir.
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