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Extreme TMA System

  • #3,641
  • Mar 6, 2012 7:24am Mar 6, 2012 7:24am
Quoting realtrade
Hi urulion, you can find support and resistance indicators for example here: http://codebase.mql4.com/1122
they are based on fractals which at the end is a 5 bar pattern where the 3rd bar (middle) has the highest high / lowest low of all.
Just use the search function, you should find some pivot indicators also.

thank you so much
  • #3,642
  • Mar 6, 2012 7:30am Mar 6, 2012 7:30am
Quoting urulion
thank you so much

You are very welcome
  • #3,643
  • Mar 6, 2012 7:36am Mar 6, 2012 7:36am
I am short on:

USDJPY and GBPJPY

L.
  • #3,644
  • Mar 6, 2012 7:40am Mar 6, 2012 7:40am
Nice thread and some promising looking tools AL
I don't care which way the market is going as long as it's going my way
  • #3,645
  • Mar 6, 2012 7:41am Mar 6, 2012 7:41am
uc is ranging at R3 (price 1.0000)
  • #3,646
  • Mar 6, 2012 7:43am Mar 6, 2012 7:43am
Quoting LuisPrinc
AL can you look at my chart that I posted a little before and tell me if it is by the rules ?
Thank you !
long is better, take few pips and out. I think
  • #3,647
  • Mar 6, 2012 7:47am Mar 6, 2012 7:47am
Quoting urulion
Hi does anyone have a good pivot, support, and resistance indicator for mt4 that they would like to share? One that is just a simple line on the chart would be great, as the one I have rather crowds my chart, and has to many lines for my liking... Any help would be much appreciated.

Thank you
Here is a complete Pivots indicator shown in the pic and attached that i have preset to print its lines to the right of current candle keeping them very visible but off the chart space. This won't crowd your chart. You can change the settings to your liking too. I really like using it.

Steve
Attached Image (click to enlarge)
Click to Enlarge Name: eu 1m.gif Size: 13 KB
Attached File(s)
File Type: mq4 PivotsD_v5.mq4   32 KB | 616 downloads
  • #3,648
  • Mar 6, 2012 7:50am Mar 6, 2012 7:50am
For the record, i had a good day trading only Eurusd on 1M tf cos i needed to get my thoughts up to speed on this system, i wouldn't recommend trading at this tf for ppl new to trading. Thanks Al, do keep refining this system. I will test it out on other TFs but so far .. it rocks ! ..
You gotta know when to hold 'em, know when to fold 'em ...
  • #3,649
  • Mar 6, 2012 7:54am Mar 6, 2012 7:54am
Hi Al and every one.

I've been a lurker reading and studying your system. A newbie though, but I had been trying out the system and must commend you for your work.

Its so rare on FF to see a thread grow the rate Extreme TMA is without bickering and flayed fists. Great thread, ........ great gentlemen (and women ofcourse)!.

I was wandering if Al or anyone here knows of any indicator to measure the relative slope of a MACD
  • #3,650
  • Mar 6, 2012 8:05am Mar 6, 2012 8:05am
Quoting Jemook
Al, if we do these voice alarms please can we make them optional? I like keeping my charts/alerts as minimal as possible. Just a personal preference
Yes. For sure. You can shut their mouths via the inputs.
Observation is the path to discovery.
  • #3,651
  • Mar 6, 2012 8:11am Mar 6, 2012 8:11am
Quoting faxxion
Hello Alfredo,

My wife and I are planning a trip to Madrid within the next few months. We will be staying at the Hesperia. We would love to have you join us for dinner.

William
That is great, William. We´ll have fun together. I´ll take you to Toledo, Segovia or wherever you want to go. I promise not to bore your wife with too much trading talk. You can stay at my house if you prefer.
Observation is the path to discovery.
  • #3,652
  • Mar 6, 2012 8:12am Mar 6, 2012 8:12am
Out now!

GBPJPY + 30 pips
USDJPY + 10 pips
  • #3,653
  • Mar 6, 2012 8:13am Mar 6, 2012 8:13am
Quoting LuisPrinc
Isn`t that short by the rules ?
USD CAD 15MIN

Thanks big AL and all other great guys !
Yes, it´s technically by the rules, but too close to 0.50 and rising. Not a great trade.
Observation is the path to discovery.
  • #3,654
  • Mar 6, 2012 8:16am Mar 6, 2012 8:16am
Quoting jaau
USDJPY now on -.5

Sounds good?

L.
I´m waiting. It is -0.54 (Sell Only).
Observation is the path to discovery.
  • #3,655
  • Mar 6, 2012 8:16am Mar 6, 2012 8:16am
[quote=[B]Fudomyo[/b];5447016]I think you missed the point entirely....[quote]

Perhaps you missed my point.

I only addressed a happy attitude, the rest of what you mentioned I don't know anything about.

I do know that justified anger is a dangerous thing, it kills people every day, and it doesn't lead to happiness.

Besides, there are better ways to make your "point" than attacking people, whatever that "point" may be.

Al's response is such a good example of what I'm talking about.

IMHO Al's attitude is why this is such a great thread, and why it's grown so fast!

I hope this clarifies the situation for you.
The mind thinks, the heart knows...
  • #3,656
  • Mar 6, 2012 8:17am Mar 6, 2012 8:17am
Someone on EURGBP right now??

Looks like a good long?!?!

L.
  • #3,657
  • Mar 6, 2012 8:17am Mar 6, 2012 8:17am
Quoting PipKiller
Nice thread and some promising looking tools AL
Thanks Killer. Nice to have you with us.
Observation is the path to discovery.
  • #3,658
  • Mar 6, 2012 8:17am Mar 6, 2012 8:17am
Quoting Alorente
Yes. For sure. You can shut their mouths via the inputs.
Awesome. I've been looking at a few things that I'll be sharing with you via email which will I think will be of interest to your system but I'll keep testing before I present you with it.
  • #3,659
  • Mar 6, 2012 8:19am Mar 6, 2012 8:19am
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 can´t judge the system by looking back. You have to forward test it.
Al,

do not mention anything about being inside or outside the TMA bands. Does this issue is irrelevant?

I guess what you're testing.
  • #3,660
  • Mar 6, 2012 8:19am Mar 6, 2012 8:19am
Quoting stevewide
Here is a complete Pivots indicator shown in the pic and attached that i have preset to print its lines to the right of current candle keeping them very visible but off the chart space. This won't crowd your chart. You can change the settings to your liking too. I really like using it.

Steve
Steve, You have the option to do that also with the Multi Pivots that I included in the Packet.zip file. It is an input option.
Observation is the path to discovery.
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