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
yes... patience is the key!!!
Grazie 1000
Sabrina
Hennis Extreme TMA System 98 replies
Happs with TMA Trading Journal 25 replies
TMA Reality Tour 114 replies
MTF TMA 287 replies
SnakeForce - simple TMA with alert? 3 replies
DislikedWell 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!Ignored
DislikedI 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.Ignored
DislikedI 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.Ignored
DislikedMaybe 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.Ignored
DislikedNo, 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.Ignored
DislikedNo, 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.Ignored
Dislikedfxtr51, 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.Ignored
DislikedWell,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?Ignored
DislikedWHAT 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...Ignored
DislikedThis 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...Ignored
DislikedWell 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 rulesIgnored
DislikedMy 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.Ignored
DislikedSorry 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.Ignored
DislikedActually, 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.Ignored
DislikedTrust 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.Ignored
DislikedI have a tip for you tom, don't use it...
Don't depend on any indicator, use your brain.
Al has already mentioned that.
CarlIgnored
DislikedIf 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.Ignored
DislikedThat'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!Ignored