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Extreme TMA System

  • #2,861
  • Mar 2, 2012 1:14pm Mar 2, 2012 1:14pm
And, as you said me Al, my nzdusd trade on H4 has touched the botton line of tma and hit my take profit....
yes... patience is the key!!!

Grazie 1000
Sabrina
  • #2,862
  • Edited 2:24pm Mar 2, 2012 1:14pm | Edited 2:24pm
Quoting Favorite
Well said!

But Al is a very jenerous man, he shares with us his knowledge, his wisdom, his experience, so I'm sure: thanks to Al we'll need less than 10K hours! Hopefully much less!
Sorry man if I am sounding a bit negative. Itīs just that the guy with the $11 got me down a little bit. He just started learning about trading last August and he wants to trade his last real money in M1 charts... Give me a break. In trading, as in anything in life, there has to be a minimum level of common sense in what you do.
Observation is the path to discovery.
  • #2,863
  • Mar 2, 2012 1:14pm Mar 2, 2012 1:14pm
Quoting Alorente
I believe there is something wrong with the latest versions of the Slope indicator as compared to the original version that Zznbrm built. UsdChf is trending very heavily upward, but the slope indi is only showing 0.53. In the first version of the slope indi, we would have a 1.5 or higher in this case. Shah, can you please see what the problem is. Compare version 1.3 code with the original one and see what you can find. These values are not correct. They canīt be.
No, the 0.53 value is correct. If you investigate the details of the TMA and TMA Slope indicators and really understand how they compute their values, this will not surprise you all.

The TMA Slope can be incredibly misleading at times, especially during strong trends.
  • #2,864
  • Mar 2, 2012 1:18pm Mar 2, 2012 1:18pm
Quoting Alorente
I believe there is something wrong with the latest versions of the Slope indicator as compared to the original version that Zznbrm built. UsdChf is trending very heavily upward, but the slope indi is only showing 0.53. In the first version of the slope indi, we would have a 1.5 or higher in this case. Shah, can you please see what the problem is. Compare version 1.3 code with the original one and see what you can find. These values are not correct. They canīt be.

hi AL

i have not changed the version V1-2 code at all

i think some one ( can not remember the name) came here and said we should use different values for different currencies and differet time zones

then I think EasyRyder changed the first indicator posted by Zznbrm and he has made some changes in coding by using the Tick value (tick weight)

If you are sure about the errors , I can turn back the indi what Zznbrm did


Regards

Shahrooz
  • #2,865
  • Mar 2, 2012 1:18pm Mar 2, 2012 1:18pm
Quoting rivtrader
Maybe it would help you if you search this Forex Factory for the forex simulator software and practice the system without risk or stress, taking only the trades that are well outside the bands and entering trades near the upper or lower band so as not to be close to the centerline. Once you can make money in the simulator you will surely do better live.
Exactly. If you are stressed or frustrated, more than likely you are skipping steps that are absolutely necessary to gain self confidence and be successful. He says, as a newbie I have to limit my stop to 10 pips. I can tell you right now that if I limited my stops to 10 pips, Iīd be very lucky if my success rate was half of what it is right now. 10 pips in Forex is a minor spike. Youīll be stopped out constantly which means losing trades which means destroyed confidence in the system and in yourself.
Observation is the path to discovery.
  • #2,866
  • Mar 2, 2012 1:20pm Mar 2, 2012 1:20pm
Quoting zznbrm
No, the 0.53 value is correct. If you investigate the details of the TMA and TMA Slope indicators and really understand how they compute their values, this will not surprise you all.

The TMA Slope can be incredibly misleading at times, especially during strong trends.
Well indeed ..its always been over 0.5 value all day (as far as I cans see in the graph now) so no shorts allowed today as per rules
  • #2,867
  • Mar 2, 2012 1:21pm Mar 2, 2012 1:21pm
Quoting zznbrm
No, the 0.53 value is correct. If you investigate the details of the TMA and TMA Slope indicators and really understand how they compute their values, this will not surprise you all.

The TMA Slope can be incredibly misleading at times, especially during strong trends.

Hi there man


this script has been changed I think with what we have got now

double genTruePoint( string strPair="" )
{
int intDigits;
double dblPoint;

if ( strPair == "" || strPair == Symbol() ) intDigits = Digits;
else intDigits = MarketInfo( strPair, MODE_DIGITS );

// Reset point value for 5 digit brokers
switch( intDigits )
{
case 5:
case 4: dblPoint = 0.0001; break;
case 3:
case 2: dblPoint = 0.01; break;
case 1: dblPoint = 0.1; break;
case 0: dblPoint = 0.0; break;
default: dblPoint = 0.0001;
}

return( dblPoint );
}
  • #2,868
  • Mar 2, 2012 1:23pm Mar 2, 2012 1:23pm
Quoting Favorite
fxtr51, as far as I remember you created some kind of hybrid between Recovery and locking, and obviously your hybrid doesn't work, so please don't blame the Al's system, you have heavy drawdowns not because the system, but because your hybrid method.

And another thing: don't you think that 12 trades per day (and it is a short day, Friday) is way too much? How can you handle such a quantity? Al has a whole bunch of the accounts, one account per pair, but you use one account for all these trades. Obviously your MM is no good.
This is a strange posting, Favorite.
Do you have a crystal ball so you know what I do ?

Or is it just assuming and prejudice and from that position you are
drawing wrong conclusions ?

Where did I blame Alīs system ?
Show me, I never did that.

And my MM is no good ?
How do you know ?

All of your assumptions are wrong and my advice for you is:
Please ask before you make such strange postings.

I would appreciate if you would think about posting objective and constructive thoughts only, this thread is too precious to do otherwise.

Since you mentioned the lock-unlock versus the Recovery method:
both work fine, it is just a matter of taste ....
and today I did not use the lock-unlock method as you assumed in order
to put some blame on me out of thin air.

Thank you for understanding, I hope.
  • #2,869
  • Mar 2, 2012 1:26pm Mar 2, 2012 1:26pm
Quoting eremix
Well,to be honest i havent tried MPTM,but i m sure that this EA isnt called MPTM . Does it open a new position as soon as it closes the old one as well?If so,how do u handle it?
PM me your email and I will send you the whole MPTM system with instructions. I intend to introduce it to the thread when the time is right. Which means, when it wonīt confuse everyone. Obviously, we are already going to fast for many here and they are getting left behind.
Observation is the path to discovery.
  • #2,870
  • Mar 2, 2012 1:27pm Mar 2, 2012 1:27pm
Quoting tomthepoppop
WHAT IS HAPPENING? AL STARTED A SYSTEM THAT WAS WORKING AND LOADING ON COMPUTERS AND WE WERE MAKING MONEY. NOW WITH ALL THE ADDITIONS IT TAKES ME LITERALLY 4.5 TO 5 MINUTES TO LOAD THE MT4 PLATFORM WHEN IT USED TO TAKE 30 SECONDS. THE INDICATORS DON'T MATCH (ie. THE TMA SLOPE WILL BE IN A SELL ONLY MODE BUT THAT NEW CHART IN THE UPPER LEFT SAYS BUY. ALL THAT SAID IT IS JUST SCREWING UP THE THREAD BY ADDING, ADDING AND ADDING WITH ABSOLUTELY NO VALUE ADD TO ANYONE. JUST MY OPINION. HOPE YOU GET IT FIXED SOON SO I CAN GO BACK TO MAKING MONEY...
I have a tip for you tom, don't use it...
Don't depend on any indicator, use your brain.
Al has already mentioned that.

Carl
  • #2,871
  • Mar 2, 2012 1:28pm Mar 2, 2012 1:28pm
Why the thread is getting full of offenses ?!
  • #2,872
  • Mar 2, 2012 1:28pm Mar 2, 2012 1:28pm
Quoting fxtr51
This is a strange posting, Favorite.
Do you have a crystal ball so you know what I do ?

Or is it just assuming and prejudice and from that position you are
drawing wrong conclusions ?

Where did I blame Alīs system ?
Show me, I never did that.

And my MM is no good ?
How do you know ?

All of your assumptions are wrong and my advice for you is:
Please ask before you make such strange postings.

I would appreciate if you would think about posting objective and constructive thoughts only, this thread is too precious to do otherwise.

Since...
That's really rich... And some people call me arrogant!

The guy has 7 heavy drawdowned trades in one short day (he said, not me), but his MM is great!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,873
  • Mar 2, 2012 1:30pm Mar 2, 2012 1:30pm
Quoting corvogrigio
Well indeed ..its always been over 0.5 value all day (as far as I cans see in the graph now) so no shorts allowed today as per rules
Actually, for USDCHF, it was below 0.5 until 0900 EST when it went above 0.5 for the first time today and has stayed there for the rest of the day.

This is where the non-repainting version of TmaSlope is so superior because you can see what the values are now, but also see where it has actually been previously.
  • #2,874
  • Mar 2, 2012 1:31pm Mar 2, 2012 1:31pm
Quoting rivtrader
My bet is that in the trending market we will be watching prices in the TMA bouncing frequently off the centerlines like the USDCHF did today, so we will be playing those, and that we will maybe have to move to the 5M to get more trades outside the outer bands.
Trust me. I have been trading this for almost a year and I can tell you that you do get trades to enter on the opposite band in trending markets. It is true that they are not very many. It is also true that they are the most profitable and high % trades of all. As I said in a prior post. I would like to see how we can try to adapt this system to trending markets so we get more signals, but that will take time because we can only forward test.
Observation is the path to discovery.
  • #2,875
  • Mar 2, 2012 1:32pm Mar 2, 2012 1:32pm
Quoting Alorente
Sorry man if I am sounding a bit negative. Itīs just that the guy with the $11 got me down a little bit. He just started learning about trading last August and he wants to trade nis last real money in M1 charts... Give me a break. In trading, as in anything in life, there has to be a minimum level of common sense in what you do.
Yes, Al, I know! You're such a nice guy!

When I read this guy's post, I wanted to say a lot (and I mean A LOT), but didn't want to spoil the thread.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,876
  • Mar 2, 2012 1:35pm Mar 2, 2012 1:35pm
Quoting zznbrm
Actually, for USDCHF, it was below 0.5 until 0900 EST when it went above 0.5 for the first time today and has stayed there for the rest of the day.

This is where the non-repainting version of TmaSlope is so superior because you can see what the values are now, but also see where it has actually been previously.

AL


I think zznbrm is true the results are correct and the same completly
  • #2,877
  • Mar 2, 2012 1:35pm Mar 2, 2012 1:35pm
Quoting Alorente
Trust me. I have been trading this for almost a year and I can tell you that you do get trades to enter on the opposite band in trending markets. It is true that they are not very many. It is also true that they are the most profitable and high % trades of all. As I said in a prior post. I would like to see how we can try to adapt this system to trending markets so we get more signals, but that will take time because we can only forward test.
Great. I am very interested in testing this system going forward.
  • #2,878
  • Mar 2, 2012 1:36pm Mar 2, 2012 1:36pm
Quoting crodzilla
I have a tip for you tom, don't use it...
Don't depend on any indicator, use your brain.
Al has already mentioned that.

Carl
Easy way to not fix the problem - just blame the guy who brings up a problem - RIGHT

Why not just assume for a minute it really is a problem and it may be driving traders away from the site.

Why does the system exist? To use - correct To help - correct

It is the programmers who take it from 8-10kb up to 40kb that slow it down. I guess you are one of them.
  • #2,879
  • Mar 2, 2012 1:37pm Mar 2, 2012 1:37pm
Quoting Jemook
If you click the paper clip in the top right next to the page numbers (attachments) you should be able to scroll back and find the indicator. It will show a list of all the attachments posted since the thread was started.
Thanks Jem.
Observation is the path to discovery.
  • #2,880
  • Mar 2, 2012 1:37pm Mar 2, 2012 1:37pm
Quoting Favorite
That's really rich... And some people call me arrogant!

The guy has 7 heavy drawdowned trades in one short day (he said, not me), but his MM is great!
What is the purpose of such a kindergarten posting ?
Do you need attention ?
Or what problems do you have ?
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