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Extreme TMA System

  • #3,461
  • Mar 5, 2012 2:00pm Mar 5, 2012 2:00pm
Quoting Alorente
They are all correct, Sabry. Good job !!
ok, thaks... however no signals for me in H4 today... i wait...

ciao
  • #3,462
  • Mar 5, 2012 2:01pm Mar 5, 2012 2:01pm
I thought everybody knows how to find the Server time of his broker, but that is not the case.

You can see it here on your Mt4 platform

http://i.imgur.com/0whB9.jpg

The Market Watch shows the broker server time.

From there you can calculate the GMT-offset.

For example:
http://www.clocklink.com/world_clock.php
or other similar websites show you the time-zone you live in (most know it already).

The Market Watch on the screenshot says: 21:51:56
My Computer Clock was: 20:51 when I took the screenshot.

I live in GMT+1 timezone.

Pepperstone servertime is 1 hour more ---> GMT +2

Therefore my setting in the Pivot-indicator is +2
  • #3,463
  • Mar 5, 2012 2:17pm Mar 5, 2012 2:17pm
Hello Friends,

Today, on my first day trade on real account, I made 60 pips.
This system allowed me to visualize the trade zone. I had great difficulty in identifying how far I could go with the trade.

Thank You Alfredo!
If I Change, the whole World changes!
  • #3,464
  • Mar 5, 2012 2:30pm Mar 5, 2012 2:30pm
After testing it with all pairs, indices, metals, etc. I´ve decided to finally go with the TMASlope Normalized indicator. The values seem very consistent across all time frames for all pairs. It makes sense to make the change now that Carl is working on the Dashboard. It is attached below. I will include it in the packet.zip file tonight.

PS- The way the normalized slope indicator is calculated will not allow for the arrows we had on the bars. The really weren´t that useful anyway, and the indicator looks cleaner without them. Divergences are clearly visible without the arrows.
Attached File(s)
File Type: mq4 TmaSlope.v1.3_Normalized.mq4   6 KB | 874 downloads
Observation is the path to discovery.
  • #3,465
  • Mar 5, 2012 2:31pm Mar 5, 2012 2:31pm
Quoting sabrys5769
ok, thaks... however no signals for me in H4 today... i wait...

ciao
Not many signals happening. The market is quiet this afternoon.
Observation is the path to discovery.
  • #3,466
  • Mar 5, 2012 2:32pm Mar 5, 2012 2:32pm
Quoting Forex Girl
Hello Friends,

Today, on my first day trade on real account, I made 60 pips.
This system allowed me to visualize the trade zone. I had great difficulty in identifying how far I could go with the trade.

Thank You Alfredo!
Congratulations, ForexGirl. I´m really happy for you.
Observation is the path to discovery.
  • #3,467
  • Mar 5, 2012 2:33pm Mar 5, 2012 2:33pm
Quoting Forex Girl
Hello Friends,

Today, on my first day trade on real account, I made 60 pips.
This system allowed me to visualize the trade zone. I had great difficulty in identifying how far I could go with the trade.

Thank You Alfredo!

Good job Friend
  • #3,468
  • Mar 5, 2012 2:37pm Mar 5, 2012 2:37pm
Al,
I was going to ask you if today was normal. Seemed slow and you just confirmed that. I did however have 4 winners and no losers!
GBPJPY +43
GBPUSD +6
EURJPY +6
USDCHF +4

First day trading this system. I'm trading live but very small.

Thank you!!
  • #3,469
  • Mar 5, 2012 2:39pm Mar 5, 2012 2:39pm
Quoting FXDawg
Al,
I was going to ask you if today was normal. Seemed slow and you just confirmed that. I did however have 4 winners and no losers!
GBPJPY +43
GBPUSD +6
EURJPY +6
USDCHF +4

First day trading this system. I'm trading live but very small.

Thank you!!

YEAH it is going in a right way
thank to AL
  • #3,470
  • Mar 5, 2012 2:44pm Mar 5, 2012 2:44pm
The new Packet.zip file with the new TMASlope 1.3 Normalized indicator and the new templates is available on Page 1.
Observation is the path to discovery.
  • #3,471
  • Mar 5, 2012 2:44pm Mar 5, 2012 2:44pm
Quoting Alorente
[b]After testing it with all pairs, indices, metals, etc. I´ve decided to finally go with the TMASlope Normalized indicator. The values seem very consistent across all time frames for all pairs. It makes sense to make the change now that Carl is working on the Dashboard. It is attached below. I will include it in the packet.zip file tonight.

PS- The way the normalized slope indicator is calculated will not allow for the arrows we had on the bars. The really weren´t that useful anyway, and the indicator looks cleaner without them. Divergences...
Is there a difference in repainting? Or is it similar in recalculation to the original you previously used?
  • #3,472
  • Mar 5, 2012 2:56pm Mar 5, 2012 2:56pm
Quoting sabrys5769
ok, thaks... however no signals for me in H4 today... i wait...

ciao
Hi Sabrys

As I'm interested too to trade this system in H4, may I ask you what are the rules you follow in that time frame ?

Thank you in advance.
  • #3,473
  • Mar 5, 2012 3:00pm Mar 5, 2012 3:00pm
Forgive my ignorance but aren't these signals supposed to be grey?
Rule:
1. If you see a GREY SELL, price is above the TMA band, TMA is ranging.

Just want to make sure I am reading this indicator correctly thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Usdchf_4h.gif Size: 40 KB
  • #3,474
  • Mar 5, 2012 3:05pm Mar 5, 2012 3:05pm
Quoting bman204
Is there a difference in repainting? Or is it similar in recalculation to the original you previously used?
It is similar on the repainting issue. What this one does differently is calculate the correct values in each TF for the Range Zone determination instead of having to go by the value of M15.

All of you that trade H1, H4 and D1 charts will be happy with this.
Observation is the path to discovery.
  • #3,475
  • Mar 5, 2012 3:06pm Mar 5, 2012 3:06pm
Well it worked perfectly when I did it all yesterday but now with the new packet I'm not getting the table showing on the small template. Don't think I did anything different to yesterday - I put them in the profiles folder.
  • #3,476
  • Mar 5, 2012 3:10pm Mar 5, 2012 3:10pm
Quoting corvogrigio
Hi Sabrys

As I'm interested too to trade this system in H4, may I ask you what are the rules you follow in that time frame ?

Thank you in advance.
Let me jump in even though the question was not directed to me. Rules 1 to 3 are the same. The only one that is optional is rule 4. Since there are many less signals in H4, this rule cannot be made mandatory.

HOWEVER, I recommend waiting for the Heiken Ashi candle to turn red for shorts or Blue for longs before entering the trade. This to make sure that the previous trend is ending before placing the order. No no need to wait for the candle to close. Enter when you see the color change of the candle.
Observation is the path to discovery.
  • #3,477
  • Mar 5, 2012 3:12pm Mar 5, 2012 3:12pm
Quoting Mingary
Forgive my ignorance but aren't these signals supposed to be grey?
Rule:
1. If you see a GREY SELL, price is above the TMA band, TMA is ranging.

Just want to make sure I am reading this indicator correctly thanks
We are making changes to the Dashboard as we speak. We will explain everything in detail when the indicator is finished.

Unfinished versions of this indicator must not be used for trading.
Observation is the path to discovery.
  • #3,478
  • Mar 5, 2012 3:14pm Mar 5, 2012 3:14pm
Quoting handy148
Well it worked perfectly when I did it all yesterday but now with the new packet I'm not getting the table showing on the small template. Don't think I did anything different to yesterday - I put them in the profiles folder.
The table (Dashboard) will no longer be included in the packet file until it is 100% finished and tested.
Observation is the path to discovery.
  • #3,479
  • Mar 5, 2012 3:38pm Mar 5, 2012 3:38pm
thks for sharing this great system Al
  • #3,480
  • Mar 5, 2012 3:42pm Mar 5, 2012 3:42pm
Could anyone tell me if there were any valid trades today on 15min charts, as my platform oandaMT4 didn't show any valid trade set ups or it could be i'm doing something wrong?
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