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Extreme TMA System

  • #4,821
  • Edited 11:41am Mar 11, 2012 10:49am | Edited 11:41am
Quoting hamburglar
no, i don't think anything is wrong.....the templates work just fine and show tma no problem, but if i go into the extreme tma 2 screen profile tma is not used on any of the charts. just the ma crossover...
Sorry, I failed to update the 2 Screen Profile when we changed to the colored TMA version. Just change the template on each small chart to Extreme TMA System - Small template. That file has been updated.
Observation is the path to discovery.
  • #4,822
  • Mar 11, 2012 10:50am Mar 11, 2012 10:50am
Quoting corvogrigio
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...
Corvo, the vouch was no accident. You have contributed more than you know.
Observation is the path to discovery.
  • #4,823
  • Mar 11, 2012 10:55am Mar 11, 2012 10:55am
Quoting crodzilla
Sorry to be terribly negative, but EA's will always fail.
They could never replace your brain.
Carl is correct. EA stands for Extreme Absurdity.
Observation is the path to discovery.
  • #4,824
  • Edited 12:01pm Mar 11, 2012 10:55am | Edited 12:01pm
Al

In lologo's document are the 5m scalp rules correct? I guess I missed these. If they are I have the same question as the 5m trend rules you mentioned a while back. It says not to have a tight stop loss. But the rules themselves seem to get you to exit pretty quick if price moves against you. This makes me think I am misunderstanding something.

Thanks Paradox

Edit: I see this is the trend rules. The picture in the pdf confused me because that price action would never hit these rules. I still have my same questions. It is not just picking the right rule entries. You need to let it run and the rules always whip you out early. Are you suppose to ignore the exit rules until it is profitable?
  • #4,825
  • Mar 11, 2012 11:00am Mar 11, 2012 11:00am
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

~~~~~~~~~~~~~~~~~~~~...
Sorry my friend, but those two are my Nuclear weapons. I am not ready to discuss my Lorente Breathing system which uses those two for market prediction. Maybe some day...
Observation is the path to discovery.
  • #4,826
  • Mar 11, 2012 11:01am Mar 11, 2012 11:01am
Quoting successlife
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...
Hello Doctor...

Thanks for your intelligent input.
Observation is the path to discovery.
  • #4,827
  • Mar 11, 2012 11:01am Mar 11, 2012 11:01am
Quoting lologo
Hello,

for all who want to have a single document containing Extreme TMA System instructions, I designed this PDF (in Spanish and English).

I hope you enjoy it and that it will be useful.

Lorenzo

_______________________

http://dl.dropbox.com/u/24076989/Ext...%20ENGLISH.pdf

http://dl.dropbox.com/u/24076989/Ext...%20ESPANOL.pdf

Very nice! One of the best Docs I've seen describing a strategy and showing rules so succinctly. Now I have one question, it appears to me that you described the trending strategy under the scalping heading. Forgive me if I am wrong I just had a question about that.
  • #4,828
  • Mar 11, 2012 11:05am Mar 11, 2012 11:05am
I still do not see the point of opening 2 trades at the same time. According to you we would have closed the second position - lower band close short, upper band close long. So drawdown would have been there all along no matter what. The question still remains the same; what is the point of opening two positions at the same time and not just one at the touch of the upper or lower band.



Quoting Alorente
It is important to me psychologically to start the day off with a win. To me a win implies a closed trade. With this system you are guaranteed to begin with a win in your pocket. It is true that your other position will have accumulated a drawdown, but it is not closed yet and you can recover pretty easily by getting price to center line once again.
  • #4,829
  • Mar 11, 2012 11:11am Mar 11, 2012 11:11am
Quoting Favorite
When the cat has too much time on his hands he licks his balls...
Observation is the path to discovery.
  • #4,830
  • Mar 11, 2012 11:16am Mar 11, 2012 11:16am
Quoting lologo
Hello,

for all who want to have a single document containing Extreme TMA System instructions, I designed this PDF (in Spanish and English).

I hope you enjoy it and that it will be useful.

Lorenzo

_______________________

http://dl.dropbox.com/u/24076989/Ext...%20ENGLISH.pdf

http://dl.dropbox.com/u/24076989/Ext...%20ESPANOL.pdf
Very good work. Congratulations.
Observation is the path to discovery.
  • #4,831
  • Mar 11, 2012 11:28am Mar 11, 2012 11:28am
Quoting lologo
Hello,

for all who want to have a single document containing Extreme TMA System instructions, I designed this PDF (in Spanish and English).

I hope you enjoy it and that it will be useful.

Lorenzo

_______________________

http://dl.dropbox.com/u/24076989/Ext...%20ENGLISH.pdf

http://dl.dropbox.com/u/24076989/Ext...%20ESPANOL.pdf
Thanks Lorenzo, great jog. Your efforts are appreciated!!
Barry
  • #4,832
  • Mar 11, 2012 11:30am Mar 11, 2012 11:30am
Quoting dorellino
Although I have this concept very well carved and printend in my mind, still I find it difficult sometimes to apply it. This is the best piece of advice I've ever read on FF and it shows clearly that you know what you do and that you have a complete control of the psycho aspects of trading, not to mention greediness and related aspects. You should place this concept on page one with 100 size fonts!!
Thanks Al, you are the man!
Best of luck!
Max
Thanks dorellino. I am glad this came across to you clearly, because this is the most important aspect of trading in my view.
Observation is the path to discovery.
  • #4,833
  • Mar 11, 2012 11:38am Mar 11, 2012 11:38am
Quoting zznbrm
I have no idea what was in the mind of the guy who created that thread. It is probable he used this thread as a "blueprint" for some of the steps. But it is still very accurate of the lifetime of many threads. And it is funny. All I can say is lighten up a little bit...get over it...and show the world this is the greatest strategy ever.

Don't worry, I won't post on this thread again. This is clearly not my thread and the OP can run it any way he wants. But I will part with these words:

You guys need to get your head in the game here, especially...
Thanks zznbrm. These are good pointers. Your name will remain on page 1 as an important contributor to the Extreme TMA system.

Pay us a visit again some time...
Observation is the path to discovery.
  • #4,834
  • Mar 11, 2012 11:48am Mar 11, 2012 11:48am
Slight off topic but I need some help from MT4 experts.

For some reason the load template icon won't give me any options to load my templates. The save template and delete template which are part of the same icon are working.
  • #4,835
  • Mar 11, 2012 11:51am Mar 11, 2012 11:51am
Quoting Alorente
Sorry my friend, but those two are my Nuclear weapons. I am not ready to discuss my Lorente Breathing system which uses those two for market prediction. Maybe some day...
No why you that makes me . Wanting too understand how you understand the breathing of the market is the whole reason I am here.
  • #4,836
  • Mar 11, 2012 11:52am Mar 11, 2012 11:52am
Quoting handy148
Slight off topic but I need some help from MT4 experts.

For some reason the load template icon won't give me any options to load my templates. The save template and delete template which are part of the same icon are working.
Use the right mouse button while clicking on the chart and choose template.
Observation is the path to discovery.
  • #4,837
  • Mar 11, 2012 11:54am Mar 11, 2012 11:54am
Hi Al please dont get offended by that 7yrs lurker from the other thread.
Anyway from your vast experience can you share with us the market open
and close strategy.I found that something similar always happen 1/2hr to 1hr before every market close.
Thanks
  • #4,838
  • Mar 11, 2012 11:56am Mar 11, 2012 11:56am
Quoting Paradox
No why you that makes me . Wanting too understand how you understand the breathing of the market is the whole reason I am here.
Some days ago, I said we had to go one step at a time. I spoke of mastering Extreme TMA first. Then at some point we would incorporate the THV4 system and how I use it to back up and confirm signals. Lastly I said we may look into the Breathing theory to lend support to everything else we had learned and give clarity to why the market behaves as it does. We are a long way from that moment right now.
Observation is the path to discovery.
  • #4,839
  • Mar 11, 2012 11:59am Mar 11, 2012 11:59am
Quoting hubby7
Hi Al please dont get offended by that 7yrs lurker from the other thread.
Anyway from your vast experience can you share with us the market open
and close strategy.I found that something similar always happen 1/2hr to 1hr before every market close.
Thanks
That lurker, as you call him, does not offend me at all. I do feel we are giving him importance by referring repeatedly to his comments.
Observation is the path to discovery.
  • #4,840
  • Mar 11, 2012 12:03pm Mar 11, 2012 12:03pm
Quoting Alorente
Corvo, the vouch was no accident. You have contributed more than you know.
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