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Extreme TMA System

  • #3,101
  • Mar 4, 2012 4:45am Mar 4, 2012 4:45am
Quoting Connected
Dear Al,
Thank you kindly I have read your advice in a previous post regarding watching more than one currency pair, I would like to begin watching more pairs for more trading opportunities, I understand that you watch 18 pairs, please may I ask which are the currency pairs that you trade the most frequently?
#2211

Cheers,
Olarion
  • #3,102
  • Mar 4, 2012 4:50am Mar 4, 2012 4:50am
Thank you Olarion for your help buddy much appreciated!
Tracking the Specialists.
  • #3,103
  • Mar 4, 2012 5:13am Mar 4, 2012 5:13am
Quoting Connected
Dear Al,
Thank you kindly I have read your advice in a previous post regarding watching more than one currency pair, I would like to begin watching more pairs for more trading opportunities, I understand that you watch 18 pairs, please may I ask which are the currency pairs that you trade the most frequently?

Thank you kindly Al for your feedback and advice, I really appreciate your help.

P.S. please may I kindly request your Email via PM?
Hello friend,

I have answered this same question more than once in previous messages. I suggest you read my previous posts to locate this info. I would like to point you to the correct ones, but I am not keeping a record of them.

Thanks.
Observation is the path to discovery.
  • #3,104
  • Mar 4, 2012 5:13am Mar 4, 2012 5:13am
Quoting Olarion1975
#2211

Cheers,
Olarion
Thanks Olarion.
Observation is the path to discovery.
  • #3,105
  • Mar 4, 2012 5:15am Mar 4, 2012 5:15am
Quoting porfirio
Al ya veo que esto marcha, sin duda!!
Si, todo va viento en popa por ahora. A ver si tenemos ocasión de conocernos pronto.

Un abrazo.
Observation is the path to discovery.
  • #3,106
  • Mar 4, 2012 5:32am Mar 4, 2012 5:32am
eso esta hecho Al... nos iremos de pinchos y cañas cualquier dia!!



por cierto tengo un indicador que calcula el rango de una serie de velas .... yo no lo uso pero quizas quieras echarle un vistazo.
entrar entre las lineas verdes y amarillas y tomar TP en la linea blanca... mas o menos creo que se usa asi...

un abrazo !!
Attached File(s)
File Type: mq4 SIXTHS SCREEN VER 3.6_DC.mq4   4 KB | 772 downloads
  • #3,107
  • Mar 4, 2012 5:44am Mar 4, 2012 5:44am
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.
I was setting my charts for the next trading week and i notice the values of tma slope.. this point is not very clear for me... do you remember the question above? i know you are very busy but it is an important point for me and others who are trading h4 and d1.

Thank you Al
Sabrina

P.S. i noticed now your pictures in Alcala and Toledo.... nice!!!
  • #3,108
  • Mar 4, 2012 5:47am Mar 4, 2012 5:47am
Quoting Alorente
Si, todo va viento en popa por ahora. A ver si tenemos ocasión de conocernos pronto.

Un abrazo.
Hola Alfredo;
Yo también soy de Madrid, y antes de nada, agradecerte la enorme aportación, que has hecho con tú estrategia, y porqué no decirlo, con un pelín de "orgullo patrio", de qué un español sea ahora mismo el "bestseller" de Forex Factory. .
Escribo es español, porque mi inglés es prácticamente nulo, y muchos de los conceptos se me escapan (espero qué nuestros amigos anglosajones, lo sepan entender).
Mi duda, surge a la hora de abrir posición.
Tengo claro, las tres primeras reglas del sistema, no tanto la 4ª.
Una vez cumplidas las tres primeras condiciones, ¿esperamos a qué una vez qué la barra, traspase y cierre dentro de las bandas exteriores de la TMA, salga a testear un nivel de soporte/resistencia o un Pivot Point o sea un pullback?. ¿es suficiente sólo un toque de ese nivel?, si es así: ¿habría qué esperar a qué otra vez el cierre de la barra, tenga que traspasar las bandas? o ¿ya se podría abrir la posición, aunque estuviera el precio fuera?.
No sé si me explicado bien.

Muchas gracias y suerte.........
  • #3,109
  • Mar 4, 2012 5:52am Mar 4, 2012 5:52am
Quoting Alorente
Hello friend,

I have answered this same question more than once in previous messages. I suggest you read my previous posts to locate this info. I would like to point you to the correct ones, but I am not keeping a record of them.

Thanks.
Thanks Al, I will remember to search the thread before posting hehe!

How is the weather in Madrid today? My mother is flying onward to Murcia as I type
Tracking the Specialists.
  • #3,110
  • Mar 4, 2012 6:18am Mar 4, 2012 6:18am
Quoting sabrys5769
I was setting my charts for the next trading week and i notice the values of tma slope.. this point is not very clear for me... do you remember the question above? i know you are very busy but it is an important point for me and others who are trading h4 and d1.

Thank you Al
Sabrina

P.S. i noticed now your pictures in Alcala and Toledo.... nice!!!
Sabry,

For now, we are using the M15 slope value to determine rule 1 for all time frames. That is why you can see the M15 Slope value on the right side of the indi. I am studying the normalized version of Slopey, and I´ll let all of you know if we decide to change the Indi.
Observation is the path to discovery.
  • #3,111
  • Mar 4, 2012 6:19am Mar 4, 2012 6:19am
Quoting porfirio
eso esta hecho Al... nos iremos de pinchos y cañas cualquier dia!!



por cierto tengo un indicador que calcula el rango de una serie de velas .... yo no lo uso pero quizas quieras echarle un vistazo.
entrar entre las lineas verdes y amarillas y tomar TP en la linea blanca... mas o menos creo que se usa asi...

un abrazo !!
Gracias. Vives en Madrid?
Observation is the path to discovery.
  • #3,112
  • Mar 4, 2012 6:23am Mar 4, 2012 6:23am
actualmente no, Al...pero pronto volvere!!

ya te avisare.

hasta luego, salgo... voy a comerme un cocido gallego
  • #3,113
  • Mar 4, 2012 6:26am Mar 4, 2012 6:26am
Quoting chaveznqoos
Hola Alfredo;
Yo también soy de Madrid, y antes de nada, agradecerte la enorme aportación, que has hecho con tú estrategia, y porqué no decirlo, con un pelín de "orgullo patrio", de qué un español sea ahora mismo el "bestseller" de Forex Factory. .
Escribo es español, porque mi inglés es prácticamente nulo, y muchos de los conceptos se me escapan (espero qué nuestros amigos anglosajones, lo sepan entender).
Mi duda, surge a la hora de abrir posición.
Tengo claro, las tres primeras reglas del sistema, no tanto la 4ª.
Una vez cumplidas las tres...
Hola amigo. Gracias por tus bonitas palabras.

Puedes entrar en la posición al primer toque de la linea, aunque yo prefiero esperar al segundo toque con otra barra diferente para asegurar que no rompe la línea a la primera. No hace falta esperar al cierre de la barra. Con el segundo toque, entra la orden. Cuanto mas allá de la banda este el precio, mas probabilidad tienes de un buen trade y mas beneficio habrás de conseguir.

Un abrazo. Un día nos debemos it de copas todos los madrileños del foro.
Observation is the path to discovery.
  • #3,114
  • Mar 4, 2012 6:36am Mar 4, 2012 6:36am
We can not understand spanish language guys please
  • #3,115
  • Mar 4, 2012 7:28am Mar 4, 2012 7:28am
Sorry guy;
My question to Al, was on the fourth rule, and when opening the position;
and his answer was :

"Hello friend. Thank you for your nice words.

You can enter the position at the first touch of the line (pivot level), but I prefer to wait until the second touch with other different bar to ensure no line breaks to the first. No waiting at the end of the bar. With the second touch, enters the order. The more beyond this price band, the more likely you are to a good trade and you have to get more benefit."
Cheers
  • #3,116
  • Mar 4, 2012 7:30am Mar 4, 2012 7:30am
Quoting Alorente
No because TMA repaints past bars to smooth (Average) the movement of the bands Instead of the herky jerky motion painted by the TMATrue.

Do me a favor. Install the TMATrue indi below on the same M15 EurUsd chart where you have your TMA. Look at it and tell me if the bands can be traded as per rule 2. Enough said...
You are right.We've said enough.You are a far more experienced trader than i am and i respect your opinion.This upcoming week i ll test both TMAs and see what fits me and this system better.Do i have to change any inputs on tma true or do i just load it and compare them?
One more thing.I have read most of the pages in this thread and the only thing that i havent seen so far are some statistics about the system,like profit factor,win/lose ratio,account increase diagram etc.I know that the system is not automated and that these statitics will depend a lot on the trader's skill.Nevertheless,it would be great if we had some solid numbers to compare.
If someone has been trading this system alone for some time i would very much appreciate it if he could provide some account statistics.He can hide things that dont want to be seen.Thanks in advance.
  • #3,117
  • Mar 4, 2012 7:42am Mar 4, 2012 7:42am
Quoting chaveznqoos
Sorry guy;
My question to Al, was on the fourth rule, and when opening the position;
and his answer was :

"Hello friend. Thank you for your nice words.

You can enter the position at the first touch of the line (pivot level), but I prefer to wait until the second touch with other different bar to ensure no line breaks to the first. No waiting at the end of the bar. With the second touch, enters the order. The more beyond this price band, the more likely you are to a good trade and you have to get more benefit."
Cheers

Very thx my Friend

Liked your Real Madrid when Zidane and Raul played in
  • #3,118
  • Mar 4, 2012 8:49am Mar 4, 2012 8:49am
thank you , William and Alfredo :

if we want to sync together at the the same pivot points,

setting GMT = 0 , and then figure out my broker offset ( +1, or +2.....)

and does it related to my location ? I means I m locate at asia, Taiwan, Taipei, time zone is Beijing time,

anyway, I follow your comments of GMT setting =0 , but how to figure out
my Alpari UK broker offset ??


best wishes,

SCOTT
  • #3,119
  • Mar 4, 2012 9:00am Mar 4, 2012 9:00am
Quoting eremix
he only thing that i havent seen so far are some statistics about the system,like profit factor,win/lose ratio,account increase diagram etc.I know that the system is not automated and that these statitics will depend a lot on the trader's skill.Nevertheless,it would be great if we had some solid numbers to compare.
Sorry mate we don't have anything to prove to you. Learn the system and try it out for yourself.

Also, Al, I still think the TMA Normalized is the way to go to determine trend on all timeframes. I was watching it most of last week and it's pretty good to let you know when it isn't ranging and the current TF goes into an uptrend/downtrend (+.5 or -.05). Anyway I'm glad you are checking it out and look forward to hearing your thoughts on it.

Another thing that I'm finding very interesting is the renko/range bars and I'm glad you are checking that out too. Can't wait to hear what you think about this and TMA Normalized.

All up there's some exciting things to find out this week, let's make it a good one boys and girls!
  • #3,120
  • Edited 9:16am Mar 4, 2012 9:03am | Edited 9:16am
Quoting Alorente
Even though you may have read similar things countless times, here is a 1998 article on the rules of trading, that I believe you must read over and over again and practice its principles until they become ingrained in you, in order to become a professional trader:

Trading will then be less victimized by emotions and instead become more "scientific," unemotional and mechanical.
Hi Al,

Since you have published some very interesting recommendations, I take the opportunity to share a valuable document (Doug Zalessky, The 25 points-mantra) I found in some other post of FF (Sorry I do not remember where it was).

Greetings to all and to continue this wonderful thread.
Attached File(s)
File Type: pdf Doug Zalessky 25 points Mantra.pdf   122 KB | 857 downloads
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