Extreme TMA System | Page 202 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Hennis Extreme TMA System 105 replies

TMA Reality Tour 116 replies

Happs with TMA Trading Journal 25 replies

MTF TMA 287 replies

SnakeForce - simple TMA with alert? 3 replies

Attachments: Extreme TMA System
Exit Attachments

Extreme TMA System

  • #4,021
  • Mar 7, 2012 7:56am Mar 7, 2012 7:56am
Quoting Jikkie
Hi, I've been reading along for a while, and am joining you guys today. Muchas gracias a Alorente.

I've just loaded the template(s) from the packet.zip but I don't see the extreme spike indicator. I mean the one that you can see as early as post #18.

Please could someone kindly direct me to it?
Rules changed. You have all you need. Post 1 is current.
Observation is the path to discovery.
  • #4,022
  • Mar 7, 2012 8:00am Mar 7, 2012 8:00am
Quoting Alorente
Here is the day so far testing with live money the Dashboard, scalping M5 charts with Dashboard signals only, and trades of 1 lot each. Exiting very fast. Center line or before.

So far, 23 trades without a loss.
Amazing Al. Great job!
  • #4,023
  • Mar 7, 2012 8:04am Mar 7, 2012 8:04am
Quoting FXDawg
Amazing Al. Great job!
Iīm doing a maximum of 5 trades at a time so roughly it is equivalent to 10,000 account, so that would mean that so far today, up 8.6%.
Observation is the path to discovery.
  • #4,024
  • Mar 7, 2012 8:05am Mar 7, 2012 8:05am
Quoting Alorente
Here is the day so far testing with live money the Dashboard, scalping M5 charts with Dashboard signals only, and trades of 1 lot each. Exiting very fast. Center line or before.

So far, 23 trades without a loss.
Wow! That is really fantastic! Is that your all time high? I thought you said that earlier.

It will be interesting to see how others do. You have a lot of experience, after all, and I'm sure that makes a difference, don't you think?
The mind thinks, the heart knows...
  • #4,025
  • Mar 7, 2012 8:08am Mar 7, 2012 8:08am
Quoting Ever E. Man
Wow! That is really fantastic! Is that your all time high? I thought you said that earlier.

It will be interesting to see how others do. You have a lot of experience, after all, and I'm sure that makes a difference, don't you think?
No. Percentage of account, my record is 15.2% in one day trading Forex. Iīve done better long ago trading futures and options.
Observation is the path to discovery.
  • #4,026
  • Mar 7, 2012 8:08am Mar 7, 2012 8:08am
Quoting Alorente
Iīm doing a maximum of 5 trades at a time so roughly it is equivalent to 10,000 account, so that would mean that so far today, up 8.6%.
Pretty mind boggling numbers. Am looking forward to your results from the 5 min trending system. The combination of these two could be deadly.
  • #4,027
  • Mar 7, 2012 8:10am Mar 7, 2012 8:10am
Quoting Ever E. Man
Wow! That is really fantastic! Is that your all time high? I thought you said that earlier.

It will be interesting to see how others do. You have a lot of experience, after all, and I'm sure that makes a difference, don't you think?
Experience makes a difference in when to exit. Entries, no. I am entering when the Dashboard is telling me to do it. But obviously, someone else may not get the same results because they may not exit correctly.
Observation is the path to discovery.
  • #4,028
  • Mar 7, 2012 8:10am Mar 7, 2012 8:10am
Thank you Al. Once a thread gets big it's so much easier if all the essential stuff is on #1.

Looking forward to this... and to the dashboard 5min too.
  • #4,029
  • Mar 7, 2012 8:13am Mar 7, 2012 8:13am
I can already see that, if you want to trade 8 currencies for better diversification, it has to be M5. M1 is way to fast for 8 pairs. M5 is pretty intense already, but as you see, I still have time to read and answer messages, so itīs not to bad.
Observation is the path to discovery.
  • #4,030
  • Mar 7, 2012 8:15am Mar 7, 2012 8:15am
Al,

The past day has been ranging so far. Does this make a difference in the results or performance of the system. This week is NFP and I guees the market has not determined the direction to go yet....! seems as if everyone is waiting for NFP. Great results though...!


Quoting Alorente
Experience makes a difference in when to exit. Entries, no. I am entering when the Dashboard is telling me to do it. But obviously, someone else may not get the same results because they may not exit correctly.
  • #4,031
  • Mar 7, 2012 8:16am Mar 7, 2012 8:16am
Quoting Alorente
I still have time to read and answer messages, so itīs not to bad.
You gotta know when to hold 'em, know when to fold 'em ...
  • #4,032
  • Mar 7, 2012 8:19am Mar 7, 2012 8:19am
Quoting Jikkie
Thank you Nitrate. That would explain it! Apologies too, I should have searched the thread before posting... explanation on p199.
Welcome aboard,
Al has greatly simplified and improved the system, discarding the unnecessary and adding new indicators, as well as new techniques.
He keeps page 1 up to date, so it' easier to find what is current there.

Below is a pdf file of a lot of Al's advice which will help you get oriented.
If you've read much of the thread, you'll appreciate that the goal is to work together to develop a profitable trading system that is doable by the average trader. Everyone does what they can to contribute, but Al is a true master at trading and at market wisdom, so he carries the better part of the load.

Attached File(s)
File Type: pdf Al's Wisdom Vol.jp.pdf   1.5 MB | 746 downloads
The mind thinks, the heart knows...
  • #4,033
  • Mar 7, 2012 8:20am Mar 7, 2012 8:20am
Quoting Alorente
I do a search of the file and it doesnīt exist. For some reason when I click save, it just closes the window but it doesnīt save it.
I haven't caught up so maybe you resolved this. But I have the exact issue you have. I don't know the solution but you can just highlight all the data and copy it. Then paste it to a spreadsheet app.

Or maybe I will read on and find the real solution.
  • #4,034
  • Mar 7, 2012 8:20am Mar 7, 2012 8:20am
Quoting maxwell-eqtn
Al,

The past day has been ranging so far. Does this make a difference in the results or performance of the system. This week is NFP and I guees the market has not determined the direction to go yet....! seems as if everyone is waiting for NFP. Great results though...!
Yes. I explained before that scalping works best in ranging markets, but we have the new trend M5 system for trending markets also. Best of both worlds, and we donīt have to decide which one to use, the TMASlope indi will tell us on the right hand side. I love this indi.
Observation is the path to discovery.
  • #4,035
  • Mar 7, 2012 8:21am Mar 7, 2012 8:21am
Quoting Alorente
Here is the day so far testing with live money the Dashboard, scalping M5 charts with Dashboard signals only, and trades of 1 lot each. Exiting very fast. Center line or before.

So far, 23 trades without a loss.
Amazing Al!

Is the dashboard manditory to scalp like you are in the M5 or can you do the same thing with the TMASlope 1.4 and TMA 1.4 color center line indicators without the dashboard?
  • #4,036
  • Mar 7, 2012 8:22am Mar 7, 2012 8:22am
Quoting Alorente
Experience makes a difference in when to exit. Entries, no. I am entering when the Dashboard is telling me to do it. But obviously, someone else may not get the same results because they may not exit correctly.
Good point. Personally, I'd stick to the centerline exit and re-enter if it continues in the same direction after stalling.
The mind thinks, the heart knows...
  • #4,037
  • Mar 7, 2012 8:26am Mar 7, 2012 8:26am
Quoting Th75
make sure of this files exist in folder /template statement.html and StatementDetailed.html
if you remove or move somewhere else, you can't save report
Ah here is the solution. I always delete files I don't think I need cluttering my view.
  • #4,038
  • Mar 7, 2012 8:27am Mar 7, 2012 8:27am
Someone short on usdjpy right now?

L.
  • #4,039
  • Mar 7, 2012 8:30am Mar 7, 2012 8:30am
Quoting Alorente
It worked !! Thanks for your help.
Paradox,
The issue was resolved. It was corrected by having the correct files in the right MT4 folders.
You can find the solution by backtracking from the above.

Thanks for all your work! Really appreciate it!
The mind thinks, the heart knows...
  • #4,040
  • Mar 7, 2012 8:30am Mar 7, 2012 8:30am
These recent developments with the 5 min systems are very exciting. The 5 min time frame is, by far, my favorite. I love to walk away from the trading session with no open positions. I sleep a lot better
4 traders viewing now