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Extreme TMA System

  • #4,561
  • Mar 8, 2012 7:30pm Mar 8, 2012 7:30pm
Doh! I thought it was an EA!

Much better now! Thanks!
Luck occurs when preparation meets with opportunity.
  • #4,562
  • Mar 8, 2012 7:39pm Mar 8, 2012 7:39pm
Quoting AlienFrog
Doh! I thought it was an EA!

Much better now! Thanks!
Hey Frog,

Your avatar is the best yet.

William
may you find what you seek and trade what you find
  • #4,563
  • Mar 8, 2012 7:45pm Mar 8, 2012 7:45pm
William,

How are things going? Hope your day has gotten less Bobo-ish. My brother's fiance is from the Philippines. He just asked me about visiting there with them in 2013. I'm excited already.

Greg
  • #4,564
  • Mar 8, 2012 8:37pm Mar 8, 2012 8:37pm
Quoting Levendi88
Theres really nothing new with the 1-2-3 pattern, its a very common pattern which occurs. Theres loads of information out there on the topic.

Search 123 patternsV6 for the indicator, it is freely available.

I mainly look for the signal when the arrow is outside the TMA Envelope.

AUD trade which kept me in the trend followed by a counter trend trade.

Hope this helps.
works fine with 5 digit broker ?
  • #4,565
  • Mar 8, 2012 10:56pm Mar 8, 2012 10:56pm
Quoting Paradox
Here is backtesting friendly indicator with all the relevant system data on it and some color coding based on the rules. Just works on the current chart and time frame.

I know crodzilla said (in a follow up post) he was going to make the indicator work in backtesting. That may be pretty hard unless I am missing something. I am working now to make some of my currency strength indicators backtest friendly and basically all of the calls like iOpen etc are not based on position in the backtester. So you will have to get the current time in backtester...
Excellent Indicator!! Thanks Paradox. YouŽve done it again !!

For those that do not understand every data point, can you explain each one, please?

Haikan should be Heiken...
Observation is the path to discovery.
  • #4,566
  • Edited 11:31pm Mar 8, 2012 11:02pm | Edited 11:31pm
Quoting Paradox
Here is backtesting friendly indicator with all the relevant system data on it and some color coding based on the rules. Just works on the current chart and time frame.

I know crodzilla said (in a follow up post) he was going to make the indicator work in backtesting. That may be pretty hard unless I am missing something. I am working now to make some of my currency strength indicators backtest friendly and basically all of the calls like iOpen etc are not based on position in the backtester. So you will have to get the current time in backtester...
Request:

Can you please remove "TMA" from "TMA Slope Change" for better fit on small charts. Also, please change DarkGreen to MediumSeaGreen for better visibility on black background, and correct misspelling "Haikan" to "Heiken". Thanks.
Observation is the path to discovery.
  • #4,567
  • Mar 8, 2012 11:13pm Mar 8, 2012 11:13pm
Hi Al ,good morning,afternoon here,what you analysis for uer/jpy"
  • #4,568
  • Mar 8, 2012 11:33pm Mar 8, 2012 11:33pm
Hi Al

Pls clarify if you would (I bet you hate that sentence)

With the m/avg crossover histogram the input shows 10 / 4 but on the m/avg crossover line indi. it shows 7 / 4

Is this okay or do I need to change one

Many thanks

Chucky
  • #4,569
  • Mar 8, 2012 11:35pm Mar 8, 2012 11:35pm
Quoting AlienFrog
Found this thread two nights ago. 4500 posts in 16 days??!! Whoa!

I'm bleary-eyed and sleep deprived, but I've read the first several days and the last few days of postings. The M5 got me interested because I have only few hours to trade, and often not at the same time each day. This method has potential to make a few trades in a short time and still make a few pips regularly.

What a great thread! Kudos to Al, and to the whole team here! I'm going to test it out.

I have one problem: the dashboard will not load in my MT4. Below is a screenshot...
It should go in the Experts/Indicators folder.
Observation is the path to discovery.
  • #4,570
  • Mar 8, 2012 11:37pm Mar 8, 2012 11:37pm
Quoting hubby7
Hi Al ,good morning,afternoon here,what you analysis for uer/jpy"
IŽm short since yesterday and holding.
Observation is the path to discovery.
  • #4,571
  • Mar 8, 2012 11:37pm Mar 8, 2012 11:37pm
Quoting corvogrigio
I attach a screenshot.....there s something not working properly in it.

I got two different values of the slope (1.4 normalized)....while I stay in M15 the the 2 values don't match each other ..look in the right south corner.


Anyone did notice that too or had the same issue?

Thanx in advance

P-S- i noticed the same with other pairs too
No problem indeed.... ( no doubt that in the morn I'm smarter - or less dumb at least - than at late evening) I just had to remove a text object (M15=0.18) in some way remained in the template. Well maybe this can help someone else
  • #4,572
  • Mar 8, 2012 11:37pm Mar 8, 2012 11:37pm
Quoting Chuckyisback
Hi Al

Pls clarify if you would (I bet you hate that sentence)

With the m/avg crossover histogram the input shows 10 / 4 but on the m/avg crossover line indi. it shows 7 / 4

Is this okay or do I need to change one

Many thanks

Chucky
Both should be 10/4
Observation is the path to discovery.
  • #4,573
  • Mar 8, 2012 11:57pm Mar 8, 2012 11:57pm
Hi AL, its been a very amazing on using ur indi, bt can u pls help wit the main indi suitable for 5m timeframe? Tks for ur good work here.
  • #4,574
  • Mar 9, 2012 12:16am Mar 9, 2012 12:16am
Al,

What are your thoughts about long gbp/usd?

Bouncing on the fpv right now.

Thanks,

Greg
  • #4,575
  • Mar 9, 2012 12:18am Mar 9, 2012 12:18am
Quoting bluewatercat
Al,

What are your thoughts about long gbp/usd?

Bouncing on the fpv right now.

Thanks,

Greg
I probably shouldn't go that way with usd. It looks like some others might be better than that.
  • #4,576
  • Mar 9, 2012 12:21am Mar 9, 2012 12:21am
Quoting Jnr6or
Hi AL, its been a very amazing on using ur indi, bt can u pls help wit the main indi suitable for 5m timeframe? Tks for ur good work here.
Yes. It works in all time frames.
Observation is the path to discovery.
  • #4,577
  • Mar 9, 2012 12:21am Mar 9, 2012 12:21am
G morn AL!

I attache 3 screen shots of a kind of indicator I built up (on Sigtrader) after you exposed what is usually going up n down in the risk off periods.

I used a basket indicator (basket profit sq2) where I put . on the positive side: usdlfx, gbplfx , jpylfx; on the negative: nyse (i havent sp500 enough data) brent(the only oil comm i have ), gold in usd and eurlfx .

So basket rise in risk off times as you can see about last days, for istance, since 27/2 up to 6/3.

Its just a rough basket without any kind of weight; I guess it would be needed but i have no I idea what would be a correct weighting of that.

Well , if you think it can be useful 4 people to identify risk off/on trend I can carry on that.

Well i must go to my job in a short while ....have (you and you all ) a nice pipday)

P.S.

Dashbord v17 and indicators works perfectly here - its a great work!!!!
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  • #4,578
  • Mar 9, 2012 12:21am Mar 9, 2012 12:21am
Quoting bluewatercat
I probably shouldn't go that way with usd. It looks like some others might be better than that.
I agree.
Observation is the path to discovery.
  • #4,579
  • Mar 9, 2012 12:25am Mar 9, 2012 12:25am
Quoting corvogrigio
G morn AL!

I attache 3 screen shots of a kind of indicator I built up (on Sigtrader) after you exposed what is usually going up n down in the risk off periods.

I used a basket indicator (basket profit sq2) where I put . on the positive side: usdlfx, gbplfx , jpylfx; on the negative: nyse (i havent sp500 enough data) brent(the only oil comm i have ), gold in usd and eurlfx .

So basket rise in risk off times as you can see about last days, for istance, since 27/2 up to 6/3.

Its just a rough basket without any kind of weight; I guess it would...
It sounds like a good idea. Send it to me and I will evaluate it. IŽll PM you my email. Thanks.
Observation is the path to discovery.
  • #4,580
  • Mar 9, 2012 12:30am Mar 9, 2012 12:30am
Quoting Alorente
I agree.
I went long USDJPY instead which seems to be working out well.

Thanks,

Greg
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