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Extreme TMA System

  • #4,201
  • Mar 7, 2012 2:13pm Mar 7, 2012 2:13pm
Quoting puppet
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.
All of those "demons" boil down to one word: Experience. Nothing can substitute for that. Still, IŽll trade my experience any day of the week for your age...
Observation is the path to discovery.
  • #4,202
  • Mar 7, 2012 2:13pm Mar 7, 2012 2:13pm
Quoting crodzilla
I understand. That would be a relatively simple modification.

Carl
Gentlemen always play by the rules. If they can't, they change the rules.
  • #4,203
  • Mar 7, 2012 2:14pm Mar 7, 2012 2:14pm
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 is an great idea I think.
Maybee that could also help those with an older computer, when there is lesser calculations in the Dashboard.

fratelli
  • #4,204
  • Mar 7, 2012 2:15pm Mar 7, 2012 2:15pm
Looks great!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Setup.jpg Size: 262 KB
  • #4,205
  • Mar 7, 2012 2:15pm Mar 7, 2012 2:15pm
First 11 pips on shorts EURJPY + USDJPY on the iextreme16!!!

Thank guys!

L.
  • #4,206
  • Mar 7, 2012 2:19pm Mar 7, 2012 2:19pm
Quoting lologo
Looks great!!!
Hey, what a great idea man. the 8 pairs around it. Pure genius !!!
Observation is the path to discovery.
  • #4,207
  • Mar 7, 2012 2:20pm Mar 7, 2012 2:20pm
Quoting Bary
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...
I had no problems with ATC brokers, as can be seen...
The platform had to load over 3.2 meg of data before signals were given.

Carl
Attached Image (click to enlarge)
Click to Enlarge Name: ATC.jpg Size: 502 KB
  • #4,208
  • Mar 7, 2012 2:23pm Mar 7, 2012 2:23pm
Quoting Alorente
Hey, what a great idea man. the 8 pairs around it. Pure genius !!!
Gracias, Alfredo.

Lo publiqué porque sabía que te podría gustar la idea.

Me alegro de poder colaborar con este tipo de cositas.

Un abrazo.
  • #4,209
  • Mar 7, 2012 2:24pm Mar 7, 2012 2:24pm
Quoting fire580
what does it mean when the symbol box turns red or green?
First, you could read the manual...

Then, if I wasn't such a smart ass, I could answer your question...

If the symbol box turns red, you are near a pivot.


Carl
  • #4,210
  • Mar 7, 2012 2:27pm Mar 7, 2012 2:27pm
Al or Crodzilla:

Would you consider coding the alerts so that the user has the option to choose either a BUY or a SELL alarm? In other words, if you wanted an alert for a BUY, that is the only one which would sound. The same would hold for a SELL. This is handy if you have a strong trend and only want alerts in the direction of the trend, even if all conditions are met for a counter trend move. Thanks
  • #4,211
  • Mar 7, 2012 2:27pm Mar 7, 2012 2:27pm
Just for giggles, I shorted USDCHF at the pivot. It was support, then it turned into resistance...

Now, lets see what I need to see in the dashboard for a good exit?..
  • #4,212
  • Mar 7, 2012 2:27pm Mar 7, 2012 2:27pm
Quoting Alorente
Hey, what a great idea man. the 8 pairs around it. Pure genius !!!
No kidding! That would fit on my 47" monitor really well.

Thanks, lologo!
The mind thinks, the heart knows...
  • #4,213
  • Mar 7, 2012 2:28pm Mar 7, 2012 2:28pm
Quoting lologo
Looks great!!!
How did you make it so nothing was on your dashboard chart except the dashboard?
  • #4,214
  • Mar 7, 2012 2:28pm Mar 7, 2012 2:28pm
Quoting Favorite
You're right, stupid me, today is Wednesday, not Thursday!
Ok, thanks.......
  • #4,215
  • Mar 7, 2012 2:29pm Mar 7, 2012 2:29pm
Is ExtremeTMA v16 supposed to be used a sole indicator when it comes to entry decision making? If so, are we supposed to wait for the candle to close in order to make a decision? For instance if I wanted to make a decision by looking at the 5M dashboard, would a 5M candle have to close before entering? I am asking since colors can otherwise change, usually within seconds. Thank you.
  • #4,216
  • Mar 7, 2012 2:30pm Mar 7, 2012 2:30pm
Quoting crodzilla
First, you could read the manual...

Then, if I wasn't such a smart ass, I could answer your question...

If the symbol box turns red, you are near a pivot.


Carl
Well, you're half right, Carl. You are smart!
The mind thinks, the heart knows...
  • #4,217
  • Mar 7, 2012 2:31pm Mar 7, 2012 2:31pm
Quoting Ever E. Man
No kidding! That would fit on my 47" monitor really well.

Thanks, lologo!
You're welcome, Ever. Glad to help.
  • #4,218
  • Mar 7, 2012 2:32pm Mar 7, 2012 2:32pm
Quoting crodzilla
First, you could read the manual...

Then, if I wasn't such a smart ass, I could answer your question...

If the symbol box turns red, you are near

Carl
Okay, thanks
  • #4,219
  • Mar 7, 2012 2:32pm Mar 7, 2012 2:32pm
A great free tool for scalping 5m.

http://www.toolsfortradingtheforex.com/download.html

Cheers
  • #4,220
  • Mar 7, 2012 2:32pm Mar 7, 2012 2:32pm
Quoting MagicMike
How did you make it so nothing was on your dashboard chart except the dashboard?
Just resize the window to the size of the dash.
Observation is the path to discovery.
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