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Extreme TMA System

  • #4,181
  • Mar 7, 2012 1:52pm Mar 7, 2012 1:52pm
Quoting Kendal
He only says, "Most of the exits happened before the center line, because I kept getting additional signals that I wanted to test, so I closed some of the open trades to make room for them."

Which tells me that he only closed them so that he could continue to test, which is not necessarily how one would want to trade if they weren't testing.
As you pointed out, Al is testing the indicator. Keep in mind that the indicator is following the system rules. So for exits I would follow what is in post 1 for exits.
  • #4,182
  • Mar 7, 2012 1:54pm Mar 7, 2012 1:54pm
Quoting SMScom
Perhaps your MT4 Indicators file is maxed out. Try deleting some unused Custom Indicators then close and reopen your platform.

Steve
Ok I will try. Thank you
  • #4,183
  • Mar 7, 2012 1:54pm Mar 7, 2012 1:54pm
Quoting Alorente
Yes, but 1/10 of your standard currency pair size. They are very volatile. The dashboard will do a great job with anything you throw at it.
Ok thanks Al. I'll keep that in mind and give them a try.
  • #4,184
  • Mar 7, 2012 1:55pm Mar 7, 2012 1:55pm
Al, Carl, the dashboard is great the way it is, but Al showed us his M5 scalping system, and now most of us probably would want to trade mostly M5 and M15.

Right now with "small" set to "true" the grid shrinks to showing M15 and H1. With Al's M5 scalping the option "M5,M15,H1" would be much more convenient IMHO.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #4,185
  • Mar 7, 2012 1:55pm Mar 7, 2012 1:55pm
Quoting hubby7
Dont worry Im an "expert" in only two things ,blowing of account and overtrading
The mind thinks, the heart knows...
  • #4,186
  • Mar 7, 2012 1:56pm Mar 7, 2012 1:56pm
Al, been following this thread , your comments and contributions.
The guys following this thread are indeed fortunate. The more experienced traders will recognize the value of your commentary and contributions.
There is one very important aspect to trading that no indicator or good advice can help.
That is first finding the demons within the mind and then learning to control them.........and forex trading does bring the demons to the fore.
The demons ?.........greed , fear , pride , anger , impatience , over confidence to name just a few.
  • #4,187
  • Mar 7, 2012 2:00pm Mar 7, 2012 2:00pm
Quoting Favorite
Al, Carl, the dashboard is great the way it is, but Al showed us his M5 scalping system, and now most of us probably would want to trade mostly M5 and M15.

Right now with "small" set to "true" the grid shrinks to showing M15 and H1. With Al's M5 scalping the option "M5,M15,H1" would be much more convenient IMHO.
That's what I have meant
  • #4,188
  • Mar 7, 2012 2:00pm Mar 7, 2012 2:00pm
Quoting Kendal
He only says, "Most of the exits happened before the center line, because I kept getting additional signals that I wanted to test, so I closed some of the open trades to make room for them."

Which tells me that he only closed them so that he could continue to test, which is not necessarily how one would want to trade if they weren't testing.
I have explained how and why I exit at least in 30 posts in the past 2 weeks. I´ve even outlined the basics of Heiken Ashi with pictures and how great that system is for exiting. You have to read the posts, The answers are all there...Please realize that it is impossible to answer the same questions to everyone that feels like asking them without checking the previous record. Flaw made it even easier with the pdf he put together with all the stuff I´ve explained since the beginning...
Observation is the path to discovery.
  • #4,189
  • Mar 7, 2012 2:02pm Mar 7, 2012 2:02pm
Quoting PipKiller
Friday is NFP, not tomorrow tomorrow is US unemployment
You're right, stupid me, today is Wednesday, not Thursday!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #4,190
  • Mar 7, 2012 2:02pm Mar 7, 2012 2:02pm
First of MANY THANKS to Carl and all that contribute. We'd have to pay a lot of $$$ for something like this and all the help you all are giving!!!!

Unfortunately my dashboard isn't working yet. I installed it into indicator folder. It displays empty grids where the buys and sells should be. The candle count down isn't moving either.
I'm in NY state, my broker is ATC in California.
I don't have the best computer at the moment but it was handling all the other indi's so far.
I even blanked out 4 of the 8 pairs in the settings thinking that would help my CPU. I've restarted MT4 twice.
I tried it on two computers same result.
Any help will be appreciated.
Attached Image (click to enlarge)
Click to Enlarge Name: dash.gif Size: 27 KB
Barry
  • #4,191
  • Mar 7, 2012 2:03pm Mar 7, 2012 2:03pm
@flaw !

hi flaw - may be it's already time to publish the "Vol. 2" of the "wisdoms" ?
  • #4,192
  • Mar 7, 2012 2:04pm Mar 7, 2012 2:04pm
Quoting Favorite
interbucks, I don't want to rain on your parade and I agree with you that Al's system is great and the dashboard is amazing. And obviously it is non of my business.

However tomorrow is the NFP day, and if I were you I would be extremely careful and maybe even postpone the D-Day until Monday.

Just my two cents.
NFP is on Friday. Tomorrow is Thursday.
Observation is the path to discovery.
  • #4,193
  • Mar 7, 2012 2:04pm Mar 7, 2012 2:04pm
Quoting zackery
@crodzilla:
is it possible that you share the ".mq4"-file of the DASHBOARD -indi with us.
I ask because I would like to have 16-20 currencies available but not for every TF (maybe M5-H4 or so) ?
That would be awesome.
greetings zackery

I will share the source eventually.

We are working toward putting multiple indicators on the same chart, with offsets, selecting your own timeframes, etc.

Carl
  • #4,194
  • Mar 7, 2012 2:05pm Mar 7, 2012 2:05pm
Quoting odellcash
Thanks so much for your work AL and Carl! You guys have outdone yourselves.

Any chance of adding some kind of alert on a signal, in case I'm not in the room when a signal comes in?
We are going to add voice alerts, but everyone wanted it today so we compromised.
Observation is the path to discovery.
  • #4,195
  • Mar 7, 2012 2:06pm Mar 7, 2012 2:06pm
Quoting Alorente
I have explained how and why I exit at least in 30 posts in the past 2 weeks....Please realize that it is impossible to answer the same questions to everyone that feels like asking them without checking the previous record. Flaw made it even easier with the pdf he put together with all the stuff I´ve explained since the beginning...
Attached File(s)
File Type: pdf Al's Wisdom Vol.jp.pdf   1.5 MB | 787 downloads
The mind thinks, the heart knows...
  • #4,196
  • Mar 7, 2012 2:06pm Mar 7, 2012 2:06pm
Quoting Trentano
Ok I will try. Thank you
Thank you so much.
I see the Indi
Thanks for your help.

Sorry for my english.
Best wishes from germany *hehe*
  • #4,197
  • Mar 7, 2012 2:07pm Mar 7, 2012 2:07pm
Quoting Favorite
Al, Carl, the dashboard is great the way it is, but Al showed us his M5 scalping system, and now most of us probably would want to trade mostly M5 and M15.

Right now with "small" set to "true" the grid shrinks to showing M15 and H1. With Al's M5 scalping the option "M5,M15,H1" would be much more convenient IMHO.

I understand. That would be a relatively simple modification.

Carl
  • #4,198
  • Mar 7, 2012 2:08pm Mar 7, 2012 2:08pm
Quoting SMScom
Perhaps your MT4 Indicators file is maxed out. Try deleting some unused Custom Indicators then close and reopen your platform.

Steve
thank you sir.
all is fine now.

Sorry for my english.

Best wishes from germany
  • #4,199
  • Mar 7, 2012 2:10pm Mar 7, 2012 2:10pm
what does it mean when the symbol box turns red or green?
  • #4,200
  • Mar 7, 2012 2:10pm Mar 7, 2012 2:10pm
Quoting Favorite
Al, Carl, the dashboard is great the way it is, but Al showed us his M5 scalping system, and now most of us probably would want to trade mostly M5 and M15.

Right now with "small" set to "true" the grid shrinks to showing M15 and H1. With Al's M5 scalping the option "M5,M15,H1" would be much more convenient IMHO.
We will be adding inputs to select the TFs you want, but give it some time. This is already going very fast. We have to test this first to make sure it has no bugs. I only did a 40 trade test today of M5. I have not tested the other TFs.
Observation is the path to discovery.
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