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Extreme TMA System

  • #4,741
  • Mar 10, 2012 1:42am Mar 10, 2012 1:42am
Hello Alfredo!

I found out yesterday , by chance, that you vouched for me!!!!

Well, after the very first feeling (I was proud and thankful) I was caught by doubts because of two reasons:

1) I don't remember to have contributed to the thread in anything so relevant to deserve it.

2) You didn't alert me about that (or at least i missed that).

So now I'm wondering if it's been just .....a mistyping.....

Well , in any case, I thank you for everything and anything, and if the voucher was intentionally given ... i'll try to better deserve it later.

Hugs.

Franco

p.s.

Asking more to your patience...I express what's my first wish now: could you post a recap of rules for 5M and H4 as far as you now can state them?
  • #4,742
  • Mar 10, 2012 4:53am Mar 10, 2012 4:53am
Quoting istvan
Update on my development using Constant Range Bars 11. I modified the second TMA to ATRM 3.5 for even better trade exit or entry.
I still use Al's M15 TMA method with a CRB-11 chart for my setup's. After entry I manage my trades with a regular M15 non-HA method/chart where I have incorporated the indi's TMA-Slope and extreme-TMA. This way I manage to stay longer in any M15 trade for more pips. This week (24 trades taken, no SL) i was very fortunate and increased my equity with an unbelievable 50% in my live micro account. 23 trades closed in profit and only one EURAUD after 5 days is still in recovery at - 70p. I hope this help other traders with there trade individual plan. My thanks goes out to Al and all the partners in this ad/venture. You all have a great weekend. I look forward to another exiting trading week.
  • #4,743
  • Mar 10, 2012 5:19am Mar 10, 2012 5:19am
Editing to add that I did break up my writing into easier to read paragrpahs but for some reason it put it all together again, sorry.Ever E. ManYou are far from boring.I am a Carpenter/Builder by trade but started Demo trading December 2010 until October 2011. I did not even know how to turn on a PC then but learnt how to load indicators, EA's, change their parameters etc.I blew up my first demo account and decided I needed to learn some method or system from somewhere and stumbled across Forexfactory.I read a couple of threads but by the time I get half way nobody posts on that thread anymore, they moved on.I read the DIBS thread started by Peter Crowns and another on Stochastics, I contacted one poster from the Stochastic thread last year to see if he was still using that method and he was very helpful.He even contacted me late last year to see how I was progressing.I wont embarrass him as I know he reads this thread too, but thanks.This is my only source of income now, I hope I never have to go back to running up and down ladders carrying heavy stuff again, I don't need it at my age.I do bring in a little each week from gap trading and an EA that needs monitoring (not a set and forget) and the occasional Inside bar (very picky about the ones I take now) but I want to learn to make consistent profits of 50 or 60 pips a day.I am not afraid to put in the hours, here in front of the screen at 7a.m till late at night 5days a week, reading and learning on the weekend, start again Sunday night.It is a good point you make about not needing to know everything about the markets, it is being pointed in the right direction so as not to waste weeks learning something that is irrelevant to trading success.The thing is I had good success the first few days I used extreme TMA butthe last couple have be poor, I finished breakeven on the week I guess from inexperience I gave the pips back. I followed the entry rules, waited for a change in colour of the HA but the price turned around again, I kept doing the same thing whereas an experienced trader would have stopped and tried something else.Anyway thanks again and I will keep reading and watching for snippets of information.
  • #4,744
  • Mar 10, 2012 6:00am Mar 10, 2012 6:00am
normtold - you are an inspiration to others. If someone like you can do it (i.e someone who at one point didnt even know how to switch a PC on) then there is some hope for us too.

Its just a matter of time for me. I work in the day, have little computer access where I work so I do what I need to in the evenings (which is not much due to lack of movement in the markets).

An EA for this strategy would be ideal - i think this has been discussed. Any further development on this?
  • #4,745
  • Mar 10, 2012 7:08am Mar 10, 2012 7:08am
Quoting Viv108
normtold - you are an inspiration to others. If someone like you can do it (i.e someone who at one point didnt even know how to switch a PC on) then there is some hope for us too.

Its just a matter of time for me. I work in the day, have little computer access where I work so I do what I need to in the evenings (which is not much due to lack of movement in the markets).

An EA for this strategy would be ideal - i think this has been discussed. Any further development on this?
Sorry to be terribly negative, but EA's will always fail.
They could never replace your brain.
  • #4,746
  • Mar 10, 2012 7:26am Mar 10, 2012 7:26am
Quoting crodzilla
Sorry to be terribly negative, but EA's will always fail.
They could never replace your brain.

I agree and disagree - some EAs out there can be used with absolute success, but MUST have some form of manual intervention. I have never come across any successful EA which is 100% handsfree... but many EAs, some available on FF, are able to make money provided the trade sizes are realistic and there is a proper recovery method in place or a sentiment of the total market forces are considered. So I do see your point.
  • #4,747
  • Mar 10, 2012 8:11am Mar 10, 2012 8:11am
Hi, William :

private message again ~

SCOTT
  • #4,748
  • Mar 10, 2012 8:57am Mar 10, 2012 8:57am
Quoting Tuauxp
Hi there,

Would you mind posting your pivot indicator ?
I like this one very much because its placed on the left side of the screen !
Very nice.
Hi Tuauxp, I use the same indicator provided by Al in his zip packet file, with the standard settings (except the GMT shift).

I guess it's placed at the left side because the screen is zoomed out... Or maybe you can tweak its settings to show it always at the left side, I'm not sure.

Hope I have helped you somehow... Have a great weekend !
  • #4,749
  • Mar 10, 2012 9:03am Mar 10, 2012 9:03am
Quoting aren
hi,beto21_cwb

Could you share your indicator of ExtremeTMA info? it's so nice and clear.

thanks a lot!
Hi aren,

The ExtremeTMAinfo indicator was provided by Paradox in post 4667 (page 312).

http://www.forexfactory.com/showthre...92#post5461192

I just changed a couple of settings, a font called Cambria, and its size to 10, that's all I did.

Enjoy it !
  • #4,750
  • Mar 10, 2012 9:22am Mar 10, 2012 9:22am
Quoting Alorente
That stop loss is just in case a meteorite falls on Wall Street or something.
Tracking the Specialists.
  • #4,751
  • Mar 10, 2012 9:32am Mar 10, 2012 9:32am
After long time in trading, I become more and more secure.
Trading is the same another business.
Is not the system.
The real key are the person , the trader.
The last week here , we saw that many times.
Some people are extreme profitable and others had consistency losing trades.
How is possible ?
Small different in time to react, different point of view, less or more waiting for "confirmation" , different reaction until losing trade, etc, finally makes great different.

Profitable is not the system.
Profitable are the trader.
In real time and real money, no past chart analysis !... no millionaires in demos account.

Al, told me in one word... " confidence"
Many of us, starting confuse. start in the wrong way.
looking for some indicator, later a system, later a trading room or forum.
The wrong circle never end.
No money management can help us, until we work to improve us.
I donīt know "how", Iīm in my own search.
I donīt believe exist one solution for all of us.
  • #4,752
  • Mar 10, 2012 9:44am Mar 10, 2012 9:44am
Dear Mr.Alfredo :

thank you for your remote support, and teaching at Spain,
if you can visit Taiwan, somsday, I buy you a dinner, I promise you .

at page.75, #post 1116 :

" The 200 SMA is my bread and butter indicator, together with the 55 EMA Triple Exponential (Called Coral on THV4), Those two combine with each other to give me tons of information, including trend, cycles, etc.
__________________ ""

I draw a 200 SMA , and 55 EMA, at chart, Found nothing, information ? trend ?

Cheers,

SCOTT /Taiwan office

~~~~~~~~~~~~~~~~~~~~
  • #4,753
  • Mar 10, 2012 10:10am Mar 10, 2012 10:10am
Quoting scott-ibm
Dear Mr.Alfredo :

thank you for your remote support, and teaching at Spain,
if you can visit Taiwan, somsday, I buy you a dinner, I promise you .

at page.75, #post 1116 :

" The 200 SMA is my bread and butter indicator, together with the 55 EMA Triple Exponential (Called Coral on THV4), Those two combine with each other to give me tons of information, including trend, cycles, etc.
__________________ ""

I draw a 200 SMA , and 55 EMA, at chart, Found nothing, information ? trend ?

Cheers,

SCOTT /Taiwan office...
I think he is referring to this indicator. As for interpretation I would imagine it is the color on the coral line and price in relation to the 200 SMA. Both are pretty lagging but I have found them to have merit as a filter for other price action based signals.
Attached File(s)
File Type: mq4 THV4 Coral.mq4   4 KB | 548 downloads
  • #4,754
  • Mar 10, 2012 11:09am Mar 10, 2012 11:09am
Please somebody tell me where can i find Spike indicator from this system? I can`t find it in this thread. Please help me
  • #4,755
  • Mar 10, 2012 11:23am Mar 10, 2012 11:23am
Quoting zznbrm
off topic, but since there's already been many off topic posts in this thread and I have an opinion of the subject...

A fully automated EA most certainly can be profitable and is not guaranteed to fail. Yep, they are out there, churning out profits every single day.

However, I can think of 3 basic reasons why most hands-free EAs (automated trading) will not be successful in the long run:

1) Programming errors

2) The EA is based on a strategy that is not profitable

3) The EA does not accurately encapsulate all strategy rules....
The problem with all fully automated EAs is they cant read the news. They dont know when their particular strategy wont work. For example if your EA is programmed to work best in range markets it will have trouble with trends. Also, if one is set to look for trends it will have trouble in ranging markets. This is what makes them so difficult to program into a successful formula.
  • #4,756
  • Mar 10, 2012 11:25am Mar 10, 2012 11:25am
Quoting vaz321
Please somebody tell me where can i find Spike indicator from this system? I can`t find it in this thread. Please help me
Try this - hope it helps!

PS: This is no longer part of the TMA system - it comes from the Symphonie Trader System thread.
Attached File(s)
File Type: mq4 Extreme_Spike.mq4   11 KB | 510 downloads
Make things as simple as possible, but not simpler!
  • #4,757
  • Mar 10, 2012 11:34am Mar 10, 2012 11:34am
Quoting SoF29
Try this - hope it helps!

PS: This is no longer part of the TMA system - it comes from the Symphonie Trader System thread.
Thank you very much
  • #4,758
  • Mar 10, 2012 11:37am Mar 10, 2012 11:37am
Quoting vaz321
Please somebody tell me where can i find Spike indicator from this system? I can`t find it in this thread. Please help me
Hello Vaz,

The spike indicator is no longer used in this system.

William
may you find what you seek and trade what you find
  • #4,759
  • Mar 10, 2012 11:55am Mar 10, 2012 11:55am
Quoting zznbrm
Better yet, how about a strategy that does not care if the market is ranging or trending (hint).
Hello zznbrm,

O.K. You have me curious. What strategy would that be?

William
may you find what you seek and trade what you find
  • #4,760
  • Mar 10, 2012 12:09pm Mar 10, 2012 12:09pm
Quoting zznbrm
http://www.forexfactory.com/showthread.php?t=347075
I hadn't seen that before....hilarious....there are a few exceptions, THV system, SonicR, Almost Naked(Lawgirl), I may have left one or two out....


cheers
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