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Extreme TMA System

  • #3,781
  • Mar 6, 2012 12:58pm Mar 6, 2012 12:58pm
Quoting Paradox
fxtr I don't see anything wrong with your chart. But if it is any help I AM looking forward to watching Barcelona advance in the champions league tomorrow.


Maybe you are confused about the colors. The white line means the bars are between the threshold bands. Not necessarily the same color as the slope bars.
Paradox, no problems here, thanks for trying to help.
Tuauxp had the problem that his TMA had a white mid-line only and I showed him my M5 chart which is perfect and told him that I use the TMA from posting #1.

Oh yes, Barcelona will have a good win. Bayer Leverkusen has no chance.
I will watch, it is on Free TV here. Next team they beat should be FC Milan.
  • #3,782
  • Mar 6, 2012 12:59pm Mar 6, 2012 12:59pm
Quoting faxxion
Hola Alfredo,

Do you use MPTM to place your trailng stops? If so, what default settings do you use?

Thank you for your kind attention.

William
William, Iīve been meaning to start using it, but I donīt use stops of any kind (Except an emergency stop far away). I exit everything manually except when I leave a trade on at night. Then Iīll set a TP inside the opposite band and leave the Emergency stop as is.

For everything else I use recovery, so I havenīt had the need yet.

Have you ever tried the Cave Manager EA? It is a really cool MM system. It does everything for you. Just set all your preferences once and thatīs it. You just enter the order and set the EA in your chart and it handles everything for you. Iīve used it at night several times. Iīll attach it.
Attached File(s)
File Type: ex4 THV4 CaveManager v1.3.ex4   34 KB | 692 downloads
File Type: pdf THV CaveManager v1.1.pdf   41 KB | 1,453 downloads
Observation is the path to discovery.
  • #3,783
  • Mar 6, 2012 1:02pm Mar 6, 2012 1:02pm
Quoting Klaxon
On what time frame Sir ? Cause i have the 15M and it s supposed to be more like long, do i miss something here ? Thanks
...please read post 1 and you will know the answer!
  • #3,784
  • Mar 6, 2012 1:07pm Mar 6, 2012 1:07pm
Quoting Alorente
William, Iīve been meaning to start using it, but I donīt use stops of any kind (Except an emergency stop far away). I exit everything manually except when I leave a trade on at night. Then Iīll set a TP inside the opposite band and leave the Emergency stop as is.

For everything else I use recovery, so I havenīt had the need yet.

Have you ever tried the Cave Manager EA? It is a really cool MM system. It does everything for you. Just set all your preferences once and thatīs it. You just enter the order and set the EA in your chart and it handles...
I have a question about it, Al
So you can use the EA must leave your computer on or a dedicated server?
  • #3,785
  • Mar 6, 2012 1:07pm Mar 6, 2012 1:07pm
Here is the link for the settings on Cave Manager 1.3:

http://www.scribd.com/doc/43546003/T...anager-EA-v1-3
Observation is the path to discovery.
  • #3,786
  • Mar 6, 2012 1:08pm Mar 6, 2012 1:08pm
Quoting Olarion1975
...please read post 1 and you will know the answer!
I already did several times Sir !
Respect and Honor !
  • #3,787
  • Mar 6, 2012 1:12pm Mar 6, 2012 1:12pm
That is a great EA!


Quoting Alorente
William, Iīve been meaning to start using it, but I donīt use stops of any kind (Except an emergency stop far away). I exit everything manually except when I leave a trade on at night. Then Iīll set a TP inside the opposite band and leave the Emergency stop as is.

For everything else I use recovery, so I havenīt had the need yet.

Have you ever tried the Cave Manager EA? It is a really cool MM system. It does everything for you. Just set all your preferences once and thatīs it. You just enter the order and set the EA in your chart and it handles...
  • #3,788
  • Mar 6, 2012 1:13pm Mar 6, 2012 1:13pm
Quoting Klaxon
On what time frame Sir ? Cause i have the 15M and it s supposed to be more like long, do i miss something here ? Thanks
The value of the TMA Slope indicator is ranging, so you can take BOTH long or short. To the right of the indicator it says if it is ranging, Buy Only or Sell Only.
Observation is the path to discovery.
  • #3,789
  • Mar 6, 2012 1:18pm Mar 6, 2012 1:18pm
Quoting Alorente
The value of the TMA Slope indicator is ranging, so you can take BOTH long or short. To the right of the indicator it says if it is ranging, Buy Only or Sell Only.

Thanks you Sir for the quick reply, it make sense !
Respect and Honor !
  • #3,790
  • Mar 6, 2012 1:19pm Mar 6, 2012 1:19pm
Quoting lologo
I have a question about it, Al
So you can use the EA must leave your computer on or a dedicated server?
Yes. You leave your computer on.

Click the option allow live trading.

Click the expert advisor button on the toolbar so it is green.

You must have a smiley face on the upper right of your screen to make sure it is working and you didnīt forget anything.
Observation is the path to discovery.
  • #3,791
  • Mar 6, 2012 1:22pm Mar 6, 2012 1:22pm
Quoting Alorente
Yes. You leave your computer on.

Click the option allow live trading.

Click the expert advisor button on the toolbar so it is green.

You must have a smiley face on the upper right of your screen to make sure it is working and you didnīt forget anything.
Muchas gracias, Alfredo. Investigaré este robot.
  • #3,792
  • Mar 6, 2012 1:22pm Mar 6, 2012 1:22pm
Quoting TheRoper
That is a great EA!
I agree with you. I intend to start using Cave Manager more and more. Also it is mature software, so it doesnīt have any bugs. Very reliable.

It makes trading more fun, eliminating all the SL and TP and Partial Exits work.

The only thing it doesnīt do is spend the money for you.
Observation is the path to discovery.
  • #3,793
  • Mar 6, 2012 1:22pm Mar 6, 2012 1:22pm
Short EURGBP
  • #3,794
  • Mar 6, 2012 1:36pm Mar 6, 2012 1:36pm
Quoting Paradox
Al do you want me too modify the current version to have more color change options?
Hi Paradox...i have been playing with the indicators for several days and congratulations...they look good......i would like to try and follow multiple pairs real time to try and test the concept and i wondered if an alarm could be coded into both indicators with the option of altering the alarm level as well as turning the alarm off should it become a nuisance.

If that is too much of a problem...i completely understand...

kind regards
  • #3,795
  • Mar 6, 2012 1:36pm Mar 6, 2012 1:36pm
Wonderful Al, this is really helpful! I will begin with the HA candles tomorrow, thanks for your guide, it is great!
looks like EURGBP is ready to roll

Quoting Alorente
For those of you who donīt know these candles well, let me mention 4 characteristics that make Heiken Ashi candles ideal to help you stay in the trend and avoid early exits. They are pretty helpful for entering a trade too:

1 - HA candles all remain the same color when locked in a strong trend. As you can see in the pictures below, they are all Red for downtrends and all Blue (Green) for up trends.

2- HA candles, on strong trends, do not have "tails" or "shadows" on the end of the candles away from the trend. On Red candles, no tails on the...
Tracking the Specialists.
  • #3,796
  • Mar 6, 2012 1:46pm Mar 6, 2012 1:46pm
Quoting Alorente
William, Iīve been meaning to start using it, but I donīt use stops of any kind (Except an emergency stop far away). I exit everything manually except when I leave a trade on at night. Then Iīll set a TP inside the opposite band and leave the Emergency stop as is.

For everything else I use recovery, so I havenīt had the need yet.

Have you ever tried the Cave Manager EA? It is a really cool MM system. It does everything for you. Just set all your preferences once and thatīs it. You just enter the order and set the EA in your chart and it handles...
Dear Alfredo,

Thank you for the attachment. Your kindness is much appreciated. As usual, you went above and beyond.

William
may you find what you seek and trade what you find
  • #3,797
  • Mar 6, 2012 1:50pm Mar 6, 2012 1:50pm
Hi Al,
EUR AUD SHORT..
Good setup in a ranging market..!
How is it?

Ahmed
  • #3,798
  • Mar 6, 2012 1:56pm Mar 6, 2012 1:56pm
Quoting Alorente

The only thing it doesnīt do is spend the money for you.
Less is more...
  • #3,799
  • Mar 6, 2012 2:05pm Mar 6, 2012 2:05pm
Quoting Alorente
Anyone else wanting a color change on the TMASlope? How about Gray for ranging bars, or only two tone Green and Red?
I would like to clarify one important detail: I think it would be interesting not only show in the TMASlope the three zones (buy, sell and ranging) but also (and this is what I meant in the post 3586) if the current bar is higher or lower than prior (see picture bellow) because in the TMA Extreme System we need to know this information (see exit rules, for example). Thus, we would need two white tones for Ranging zone, two green tones for Buy zone, and two red tones for Sell zone. We could better see the ups and downs when we place the TMASlope in a smaller window to take up not much space. I donīt know if it is very difficult to program, but it probably would help us get more juice from TMSSlope.
What do you think about it?
Attached Image (click to enlarge)
Click to Enlarge Name: TMA.jpg Size: 44 KB
  • #3,800
  • Mar 6, 2012 2:07pm Mar 6, 2012 2:07pm
Quoting ahmedfouad77
Hi Al,
EUR AUD SHORT..
Good setup in a ranging market..!
How is it?

Ahmed
Iīm short EurAud.
Observation is the path to discovery.
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