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Extreme TMA System

  • #3,541
  • Mar 6, 2012 1:20am Mar 6, 2012 1:20am
Quoting beto21_cwb
Close to hit R1 and TMA upper band. TMA slope is ranging but still going up. 27 pips from band to band...

[edit] Hummm, Al told us to not short the US Dollar. So maybe it's not a good ideia to short this pair... I'll be just watching this one, then, will not trade it...

[edit 2] It's also close to hit yesterday's high. Interesting... Same thing for EUR/USD... R1 is very close to yesterday's high...
Beto, you can trade when the setup follows the rules. It is simply a personal opinion of mine that it is not a good idea to short the Usd, but it is not part of the system rules. It is simply an opinion. I may be right and, yet again, I may be wrong...
Observation is the path to discovery.
  • #3,542
  • Mar 6, 2012 1:21am Mar 6, 2012 1:21am
Quoting fugly
yes the slope value is indeed rising but what about the rest of rule 1.

"Trades can be placed in both directions. Bullish TMA (Above 0.51): Place ONLY Long trades. Bearish TMA (Below -0.51): Place ONLY Short trades."
That means that in a ranging TMA you can take Long or Short trades
but in a bullish TMA only Long, not Short and in a bearish TMA only Short, not long trades.
  • #3,543
  • Mar 6, 2012 1:22am Mar 6, 2012 1:22am
Quoting mladen
So glad that I became "just a copyright info"
Life is not fair, is it?
Observation is the path to discovery.
  • #3,544
  • Mar 6, 2012 1:24am Mar 6, 2012 1:24am
All that I needed to know
As usual a scamming moron will not be able to keep his mouth shut that he is a scamming moron. Enjoy while it last ..

Quoting Alorente
Life is not fair, is it?
  • #3,545
  • Mar 6, 2012 1:27am Mar 6, 2012 1:27am
Quoting fugly
not really sure but from what i understand, this wasn't a long signal because the trend slope indicator was in negative territory and ranging, i think it has to be in positive territory (green) and that too above 0.5


... maybe someone else could clarify
If price is ranging, as is this case, all the Slope indicator has to be is rising at the close of the candle. It does not matter if it is red or green.

This trade is valid.
Observation is the path to discovery.
  • #3,546
  • Mar 6, 2012 1:28am Mar 6, 2012 1:28am
Dear PistolDave, Mr.Alfredo:

As your description of TMA System,

TMA center Slope represent a trend happen, and it will going on in the future at M15 TF ? Does it look like a leading indicator at TMA system ??

Does different currency pair will have different Slope thinking and review,
now, we all use the same slope parameter 0.5 ~ -0.5 to view market action
, use the same model to deal different currency pair.

brs,

SCOTT-ibm
  • #3,547
  • Mar 6, 2012 1:35am Mar 6, 2012 1:35am
Quoting scott-ibm
Dear PistolDave, Mr.Alfredo:

As your description of TMA System,

TMA center Slope represent a trend happen, and it will going on in the future at M15 TF ? Does it look like a leading indicator at TMA system ??

Does different currency pair will have different Slope thinking and review,
now, we all use the same slope parameter 0.5 ~ -0.5 to view market action
, use the same model to deal different currency pair.

brs,

SCOTT-ibm
Scott, I don´t quite understand your question. I will answer what I think you are asking. Yes. The Slope Indicator uses the same Range Zone values for all the pairs.
Observation is the path to discovery.
  • #3,548
  • Mar 6, 2012 1:38am Mar 6, 2012 1:38am
Quoting los_pipos
Funnily enough, whilst I was doing some simulated trading over the weekend, the pivot indi from Al was not working so I had to use a different one that did not have an offset option. As my broker is CET, the values were different than the those Al uses based on GMT. To be honest, everything still seemed to work fine of these pivots also.
Interesting, would you mind letting me have that pivot indicator so I can give it a try?
Not sure the thread starter would like it posted here as it might confuse some readers so feel free to PM me.
  • #3,549
  • Mar 6, 2012 1:41am Mar 6, 2012 1:41am
Quoting Alorente
If price is ranging, as is this case, all the Slope indicator has to be is rising at the close of the candle. It does not matter if it is red or green.

This trade is valid.
i stand corrected ..... thx for the explanation
  • #3,550
  • Mar 6, 2012 1:53am Mar 6, 2012 1:53am
Quoting mladen
As usual a scamming moron will not be able to keep his mouth shut that he is a scamming moron. Enjoy while it last ..
Well put my friend.

I happened to be on the top news page and saw your name in the recent posts. I hope all is going well.

In case any of you aren't aware, this man is one of the best trading programmers out there. Posting proprietary content of his is highly disrespectful.
  • #3,551
  • Mar 6, 2012 1:54am Mar 6, 2012 1:54am
Watching CHF/JPY
  • #3,552
  • Mar 6, 2012 2:04am Mar 6, 2012 2:04am
Quoting Fudomyo
Well put my friend.

I happened to be on the top news page and saw your name in the recent posts. I hope all is going well.

In case any of you aren't aware, this man is one of the best trading programmers out there. Posting proprietary content of his is highly disrespectful.
Not cool if this is the case. All I can really say is thank you for all your hard work and I hope you get credited somewhere for it.
  • #3,553
  • Mar 6, 2012 2:10am Mar 6, 2012 2:10am
Al, sorry to be a pain.
Please can you give me you FPV, S1 and R1 for GBP/USD

I have the correct setting for my Brokers server time Hotforex who is +2
but noticed my figures are not near yours.

S1 1.58099

FPV 1.58446

R1 1.58793
  • #3,554
  • Mar 6, 2012 2:10am Mar 6, 2012 2:10am
Hi Al. Thanks for this great system you have put together. I'm using it on the 1 min chart and i"m wondering in your opion if the ma cross over and the TMA slope indicator settings should be altered. Particularly the range settings. Your thoughts would be greatfully appreciated. Cheers.
  • #3,555
  • Mar 6, 2012 2:12am Mar 6, 2012 2:12am
Dear PistolDave, Mr.Alfredo:

Does we use Slope of TMA to predict, and estimate the market will go to
Bull, Bear direction ??

Does Slope look like a leading Rule #1 at TMA system ??


brs,

SCOTT-ibm

~~~~~~~~~~~
  • #3,556
  • Mar 6, 2012 2:20am Mar 6, 2012 2:20am
Quoting istvan
Winners today:
Long EURUSD +30p
Long GBPUSD + 28p
Short EURUSD + 12p

Open trades:
Short GBPUSD - 12p after 9 hours
Short GBPJPY - 43p after 7 hours (possible recovery trade)
Short EURCAD - 25p after 12 hours TMA-Slope dropping for 14 hours now!
Short EURAUD - 50p after 12 hours (possible recovery trade) TMA-Slope dropping for 14 hours now!
More info tomorrow.
Status at 03:00 EST:
Closed GBPUSD + 18p
Closed GBPJPY + 24p

Open:
Still running EURCAD - 26p
Still running EURAUD - 74p (possible recovery)
  • #3,557
  • Mar 6, 2012 2:23am Mar 6, 2012 2:23am
See EUR/JPY outband
  • #3,558
  • Mar 6, 2012 2:30am Mar 6, 2012 2:30am
dear Mr.Alfredo:

Can we think that :

US Dollar, it is the master of Forex market, US Dollar bull or bear, it
impact the FX market action, investor and trader's thinking, and mindset also dominate the market action as well.

So, we need to watch US Dollar strength, up or down all the time ~


Best wishes,

SCOTT-ibm
  • #3,559
  • Mar 6, 2012 2:58am Mar 6, 2012 2:58am
Quoting mladen
All that I needed to know
As usual a scamming moron will not be able to keep his mouth shut that he is a scamming moron. Enjoy while it last ..
Here was you original comment:

So glad that I became "just a copyright info"

I felt you were making light of the issue and I followed along lightheartedly with my response. These indicators came to us through other means after several others were involved in changing them. In no way, was there ever any intention of disrespecting you or your work. Now that I know the facts of the matter, I will do the only thing I can do to make this right, which is to credit you on Page 1 for being an important part in the evolution of this system.

If I indirectly hurt you in any way, I apologize.

At the same time, I also want to say that there was no need for personal insults to communicate your displeasure.
Observation is the path to discovery.
  • #3,560
  • Mar 6, 2012 3:01am Mar 6, 2012 3:01am
Al, you are such a diplomat

Ok everybody, back to work - let's do some trading!
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