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Extreme TMA System

  • #3,561
  • Mar 6, 2012 3:09am Mar 6, 2012 3:09am
And very much a gentleman!
  • #3,562
  • Mar 6, 2012 3:10am Mar 6, 2012 3:10am
I'm interested in Eur/GBP too. Nice TMA Slope range for a short off R1.
  • #3,563
  • Mar 6, 2012 3:12am Mar 6, 2012 3:12am
Is it correct that the colour center line is now only red or white ??
  • #3,564
  • Mar 6, 2012 3:14am Mar 6, 2012 3:14am
[quote=mladen;5446021]...As usual a scamming moron...[quote]

Quoting mrtools
Lets see now your so called coder uses an indicators coded by Mladen...
I have no doubt that any preceived wrong done to you was unintentional.

Right or wrong, you might consider an attitude adjustment for your own happiness' sake!

Code, after all, is like money ~ you can't take it with you!

Very best regards!
The mind thinks, the heart knows...
  • #3,565
  • Mar 6, 2012 3:16am Mar 6, 2012 3:16am
Quoting Alorente
[b]The Packet.zip file on Page 1, has again been updated this morning. It contains the new TMASlope v1.4 Normalized Indicator and the new TMA v1.4 Color Center Line indicator, that now matches the Slope indicator perfectly in ALL TIME FRAMES. I have renamed them v1.4 to avoid any possible confusion. The 2 Templates have also been updated.

I want to thank Paradox for his excellent and very diligent work on these indicators last night.

We will continue to make changes and improvements to the system to make it better and more solid each day. I know...

Hi Al,

Indeed good work this night, but i still see its not 100% fixed, you can see in my screenshot that the TMASlope v1.4 Normalized Indicator says ONLY SELL at -0.55, but in the TMA v1.4 Color Center Line Indicator you can see the red line turned into white more than 1 hour ago.......

Happy trading !
Attached Image (click to enlarge)
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  • #3,566
  • Mar 6, 2012 3:27am Mar 6, 2012 3:27am
As you know, The Extreme TMA System does a fantastic job of identifying and catching turns in price action during ranging markets. I have been working on finding a method to extract profits from trending markets as well. I am now testing a strategy that seems to promise exactly that. Here are the simple rules under consideration:

Long Strategy:

1- Look for the first bar close of the TMASlope indicator that moves above 0.50 value.

2- Enter long when the first HA candle turns Blue. No need to wait for a close of the candle.

3- Exit long when the first bar close of the TMASlope indicator moves below 0.50 value.

Short Strategy:

1- Look for the first bar close of the TMASlope indicator that moves below -0.50 value.

2- Enter short when the first HA candle turns Red. No need to wait for a close of the candle.

3- Exit short when the first bar close of the TMASlope indicator moves above -0.50 value.

This system will not work with tight stop loss placement.


I will continue to monitor these rules and I would appreciate it if you do the same thing. Please understand that this strategy is being tested and is not ready to be used in trading yet.

I want to acknowledge the contribution of Bman204 in the creation of this system.
Observation is the path to discovery.
  • #3,567
  • Mar 6, 2012 3:29am Mar 6, 2012 3:29am
Quoting handy148
Is it correct that the colour center line is now only red or white ??
It is Green, Red or White.
Observation is the path to discovery.
  • #3,568
  • Mar 6, 2012 3:31am Mar 6, 2012 3:31am
Well then there is something wrong because I have scrolled back weeks and there is only red or white.
  • #3,569
  • Mar 6, 2012 3:31am Mar 6, 2012 3:31am
Al, I suppose you knew about the news that the Spanish Premier, Mariano Rajoy, flatly refused to submit to the austerity demands of the Troika:
http://www.republica.com/2012/03/02/...espana_460031/
Could this provide quite a bit of volatility in the EURUSD, and others pairs?
The mind thinks, the heart knows...
  • #3,570
  • Mar 6, 2012 3:33am Mar 6, 2012 3:33am
Quoting Tuauxp
Hi Al,

Indeed good work this night, but i still see its not 100% fixed, you can see in my screenshot that the TMASlope v1.4 Normalized Indicator says ONLY SELL at -0.55, but in the TMA v1.4 Color Center Line Indicator you can see the red line turned into white more than 1 hour ago.......

Happy trading !
Yes, I can see that. Paradox, could you please check this out during a spare minute you have?

Thanks, friend.

Paradox, I have added you to our list of contributors on the First page of the thread.
Observation is the path to discovery.
  • #3,571
  • Mar 6, 2012 3:36am Mar 6, 2012 3:36am
Quoting Ever E. Man
Al, I suppose you knew about the news that the Spanish Premier, Mariano Rajoy, flatly refused to submit to the austerity demands of the Troika:
http://www.republica.com/2012/03/02/...espana_460031/
Could this provide quite a bit of volatility in the EURUSD, and others pairs?
Yes. Last Thursday. Finally someone had the guts to stand up to the technocrats in Berlin...

This is one of the reasons I am a Bear on the Euro, but by no means the only one. Most of my bearishness derives from the technicals at this time.
Observation is the path to discovery.
  • #3,572
  • Mar 6, 2012 3:40am Mar 6, 2012 3:40am
Quoting handy148
Well then there is something wrong because I have scrolled back weeks and there is only red or white.
Mine is working fine...
Observation is the path to discovery.
  • #3,573
  • Mar 6, 2012 3:41am Mar 6, 2012 3:41am
Quoting shahrooz67
Very nice indicator . I really like it , it can even replace TMA slope indicator (we get two results by one indi)

Great Work for the coder
think his/her name is mladen

Thanks PARADOX

DEAR MLADEN

As you can see here in this post, we have first thank your great work and I believe your work is great ! I really like your skill personally and respect you as real pro programmer.

I am sure you misunderstood AL and Paradox and they never have intention to show your work a poor one !
We All understand the precious of your great indicator and we all thank you!

Any way , I am interested in your job and hope learn from you more


Best Regards

Shahrooz
  • #3,574
  • Mar 6, 2012 3:42am Mar 6, 2012 3:42am
Quoting Alorente
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...

AL you are the man
  • #3,575
  • Mar 6, 2012 3:56am Mar 6, 2012 3:56am
Quoting Alorente
...This is one of the reasons I am a Bear on the Euro, but by no means the only one. Most of my bearishness derives from the technicals at this time.
Yes, it's hard, and often unreliable, to try to predict market direction from the news.

But sometimes a big event can hint at a change in volatility!

(Any serious hint at EUR unraveling will likely produce a risk off environment, wouldn't you say? A trillion EUR, or more, would be needed to recap the banks.)

I couldn't agree more with you on standing up to the Merkozy cartel. Finally, someone willing to tell the truth! Viva la Espana!

Did you see that the Dutch Freedom Party wants to pull out of the EUR?

Again, an increase in volatility in the near future may be in store, don't you think?
The mind thinks, the heart knows...
  • #3,576
  • Mar 6, 2012 3:56am Mar 6, 2012 3:56am
EUR,CAD,CHF,USD/ JPY Pairs all resting on S3.
  • #3,577
  • Mar 6, 2012 4:08am Mar 6, 2012 4:08am
Quoting Ever E. Man
Yes, it's hard, and often unreliable, to try to predict market direction from the news.

But sometimes a big event can hint at a change in volatility!

(Any serious hint at EUR unraveling will likely produce a risk off environment, wouldn't you say? A trillion EUR, or more, would be needed to recap the banks.)

I couldn't agree more with you on standing up to the Merkozy cartel. Finally, someone willing to tell the truth! Viva la Espana!

Did you see that the Dutch Freedom Party wants to pull out of the EUR?

Again, an increase...
Yes. There are clear signs of cracks in the European story. The closer we get to elections, (France in May and Germany next year), the bigger the cracks will become.

Iīve been saying in the past few days that I believe we are entering a Risk Off period that should see the Euro fall and the S&P consolidate about 5% from itīs high.
Observation is the path to discovery.
  • #3,578
  • Mar 6, 2012 4:36am Mar 6, 2012 4:36am
Can I ask what are people's thoughts on this short on USD/CAD.
We have had a second test rejected, however there does seem to be some upward momentum looking at the HA. Would you take the trade now or would you wait a while to see of the momentum dies down and we start looking for smaller HA or red HA candle?

Thanks - I know you're not keen on shorting USD at the moment Al, just asking from a technical point of view.
Attached Image (click to enlarge)
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  • #3,579
  • Mar 6, 2012 4:39am Mar 6, 2012 4:39am
Quoting los_pipos
Can I ask what are people's thoughts on this short on USD/CAD.
We have had a second test rejected, however there does seem to be some upward momentum looking at the HA. Would you take the trade now or would you wait a while to see of the momentum dies down and we start looking for smaller HA or red HA candle?

Thanks - I know you're not keen on shorting USD at the moment Al, just asking from a technical point of view.
If you insist on shorting the USD, you should wait till you see a Red HA close at this time.
Observation is the path to discovery.
  • #3,580
  • Mar 6, 2012 4:46am Mar 6, 2012 4:46am
Quoting Alorente
If you insist on shorting the USD, you should wait till you see a Red HA close at this time.
Thanks AL, I have no intention of shorting this. I have just seen this happen a couple of times when price moves aggressively towards the pivot. Just want to kno how best to deal with this situation.

Also, what are your thoughts on on only trading tightly correlated pairs such as GPB/CHF, AUD/NZD etc. If these markets are much more inclined to range, then should we expect a better hit rate in these?
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