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Extreme TMA System

  • #3,601
  • Mar 6, 2012 3:11am Mar 6, 2012 3:11am
Quoting Alorente
No, sorry. It is now Sell Only.
I wait another 45 minutes for a double bottom, cross 800 ema, S3, ADR now ~80p, TMA Slope -0.49, etc.
  • #3,602
  • Mar 6, 2012 3:11am Mar 6, 2012 3:11am
What about usdjpy right now

L.
  • #3,603
  • Mar 6, 2012 3:13am Mar 6, 2012 3:13am
Quoting istvan
I wait another 45 minutes for a double bottom, cross 800 ema, S3, ADR now ~80p, TMA Slope -0.49, etc.
You read my mind. Thatīs my setup too...
Observation is the path to discovery.
  • #3,604
  • Mar 6, 2012 3:14am Mar 6, 2012 3:14am
Quoting Alorente
That is the day range bar. You can turn it off in inputs on the MultiPivots indicator.
The mind thinks, the heart knows...
  • #3,605
  • Mar 6, 2012 3:19am Mar 6, 2012 3:19am
Quoting istvan
I wait another 45 minutes for a double bottom, cross 800 ema, S3, ADR now ~80p, TMA Slope -0.49, etc.

Can you let me know what you mean when you typed "ADR now ~80p"?
I would like to learn how to incorporate this.
  • #3,606
  • Mar 6, 2012 3:20am Mar 6, 2012 3:20am
Quoting Alorente
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...
You can monitor entries and exits on this trend system easily with the center line colors. Enter long when center line turns green. Exit long on White. Enter short on Red centerline, exit short on White. Remember to wait for the close of the candles.
Observation is the path to discovery.
  • #3,607
  • Mar 6, 2012 3:24am Mar 6, 2012 3:24am
Quoting Alorente
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...
You can monitor entries and exits on this system easily with the center line colors. Enter long when center line turns green. Exit long on White. Enter short on Red centerline, exit short on White. Remember to wait for the close of the candles.

See post #3566. I just talked about this system, but with regular candles instead of Renko. I will look at Renko and evaluate.

There is repainting, so you really canīt judge the system by looking back. You have to forward test it.
Observation is the path to discovery.
  • #3,608
  • Mar 6, 2012 3:26am Mar 6, 2012 3:26am
Quoting normtold
Can you let me know what you mean when you typed "ADR now ~80p"?
I would like to learn how to incorporate this.
IMHO, there is not much more room to gain in the previous direction.
  • #3,609
  • Mar 6, 2012 3:36am Mar 6, 2012 3:36am
Quoting Alorente
You can monitor entries and exits on this system easily with the center line colors. Enter long when center line turns green. Exit long on White. Enter short on Red centerline, exit short on White. Remember to wait for the close of the candles.

See post #3566. I just talked about this system, but with regular candles instead of Renko. I will look at Renko and evaluate.

There is repainting, so you really canīt judge the system by looking back. You have to forward test it.
Hi Al,

There i am again,
As you can see in this graph my TMA trend mid line is all white in the 5m frame ? The slope indicates a sure BUY ONLY......
Do you also have that or is it only me ?
Attached Image (click to enlarge)
Click to Enlarge Name: usd cad.jpg Size: 203 KB
  • #3,610
  • Mar 6, 2012 3:36am Mar 6, 2012 3:36am
Quoting Alorente
The new OFFICIAL indicators are in the Packet.zip file on Page 1, just updated this morning.
Is it possible for a coder to write an alarm when the slope value goes above or below a certain number or level; we could make that number +.50 and -.50 but it could also be configurable;

I dont know how to do that

regards
  • #3,611
  • Mar 6, 2012 3:40am Mar 6, 2012 3:40am
Quoting normtold
I used your chart to see your pivot levels (as my earlier request was not answered) and I am pleased to see they are very close to mine, so thank-you Luis, and yes my chart looks like yours except the funky colours
My pleasure
  • #3,612
  • Mar 6, 2012 3:42am Mar 6, 2012 3:42am
Quoting normtold
Can you let me know what you mean when you typed "ADR now ~80p"?
I would like to learn how to incorporate this.
Please also explain the cross 800 ema.
.... laughing all the way to the bank
  • #3,613
  • Mar 6, 2012 3:46am Mar 6, 2012 3:46am
Quoting Tuauxp
Hi Al,

There i am again,
As you can see in this graph my TMA trend mid line is all white in the 5m frame ? The slope indicates a sure BUY ONLY......
Do you also have that or is it only me ?
Mine has all the colors. I suggest you delete the Slope and TMA indis and reinstall them. I would also close MT4 and open it again before you install them.
Observation is the path to discovery.
  • #3,614
  • Mar 6, 2012 3:47am Mar 6, 2012 3:47am
Quoting maccanz
Is it possible for a coder to write an alarm when the slope value goes above or below a certain number or level; we could make that number +.50 and -.50 but it could also be configurable;

I dont know how to do that

regards
We will be including many voice alarms going forward.
Observation is the path to discovery.
  • #3,615
  • Mar 6, 2012 3:48am Mar 6, 2012 3:48am
Tuauxp,
something is wrong with your TMA indicator.
My screenshot is taken on M5 USDCAD with the latest TMA from package1 on posting #1

http://i.imgur.com/P5cN3.jpg
  • #3,616
  • Mar 6, 2012 3:48am Mar 6, 2012 3:48am
Quoting itsallover
Please also explain the cross 800 ema.
There is an area of confluence where PA stalls, which could also mean a reversal is imminent:
ema800, S3, ADR reached, London MM session ending MM NY take over time, TMA Slope direction, etc.
  • #3,617
  • Mar 6, 2012 3:51am Mar 6, 2012 3:51am
I know you do not recommend shorting USD now so this question is just for the understanding of the trending rules.

So for the trending rules, would USD/JPY M15 be on alert for a short?

If the first bar on the TMA slope closes where it is now -.51, we would then be looking for a HA bar colour change to red (no need to wait for close of bar).
  • #3,618
  • Mar 6, 2012 3:55am Mar 6, 2012 3:55am
Quoting istvan
There is an area of confluence where PA stalls, which could also mean a reversal is imminent:
ema800, S3, ADR reached, London MM session ending MM NY take over time, TMA Slope direction, etc.
Thankyou. I put an 800 ema on my USJ chart and saw what you meant. Could you please post an ADR indie.
Thanx
.... laughing all the way to the bank
  • #3,619
  • Mar 6, 2012 4:01am Mar 6, 2012 4:01am
Quoting itsallover
Thankyou. I put an 800 ema on my USJ chart and saw what you meant. Could you please post an ADR indie.
Thanx
The Indi I use is proprietary for personal use. You'll find one on the internet.
  • #3,620
  • Mar 6, 2012 4:02am Mar 6, 2012 4:02am
Quoting istvan
The Indi I use is proprietary for personal use. You'll find one on the internet.
Ok. Thanx for all your help.
.... laughing all the way to the bank
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