Extreme TMA System | Page 246 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Hennis Extreme TMA System 105 replies

TMA Reality Tour 116 replies

Happs with TMA Trading Journal 25 replies

MTF TMA 287 replies

SnakeForce - simple TMA with alert? 3 replies

Attachments: Extreme TMA System
Exit Attachments

Extreme TMA System

  • #4,901
  • Mar 12, 2012 2:32am Mar 12, 2012 2:32am
Quoting rcbarlow
For those of us with only one screen, is it possible to break the profile into two files for one screen so we can switch back and forth?
Just delete the charts you don´t want, set it up as you like and save your profile under another name.
Observation is the path to discovery.
  • #4,902
  • Mar 12, 2012 2:36am Mar 12, 2012 2:36am
Quoting Connected
Thanks for your reply. I have read every post in this thread. And strangely, there isn't any answer.

I find it a bit strange also, that the rules are constantly changing, when it was tested for 10 months? I mean, why change something that worked for so long then change it?
It worked ok for me because I didn´t use the same conditions as other traders, like SL, TF, etc I also made discretionary decisions before. The system now is much clearer for all kinds of traders and TFs.
Observation is the path to discovery.
  • #4,903
  • Mar 12, 2012 2:40am Mar 12, 2012 2:40am
Quoting ash_k
hello everybody, system looks great, thanx AL, but as ive been going throug the pages, it seems that u r adding differnt things..where can i get all the new and updates indicators..thankyou so much..
cant wait to test it.
See Lologo´s new Rules pdf. It´s a masterpiece. He posted it on Friday.
Observation is the path to discovery.
  • #4,904
  • Mar 12, 2012 2:43am Mar 12, 2012 2:43am
Quoting Favorite
Al, today USA switched to the Summer Time. Do we have to change our TzPivotsD' settings? I mean: if right now "HrsServerTzFromGMT" is 0, do we have to make it 1?
If you want absolute accuracy, Yes, but honestly, it won´t make much difference.
Observation is the path to discovery.
  • #4,905
  • Mar 12, 2012 2:48am Mar 12, 2012 2:48am
Quoting Paradox
This is a great way to understand what the pivot points are. But the issue everyone has is that first pivot is different depending on you broker offset and how it determines a day. And to a lesser extent the price feed but those differences need to be dealt with by realizing it is not a perfect point.

Why can't someone just verify that a certain link has correct pivots and then we can just put that link in the first page instructions.

Here is one that seems too have good quality.

http://www.forexticket.us/en/tools/0...ibonacci-pivot...
Guys, support/resistance lines at pivot points are zones, bands where price tends to bounce or encounter a tougher time advancing. It is not that important to pinpoint exactly where the center of those bands are.
Observation is the path to discovery.
  • #4,906
  • Mar 12, 2012 2:50am Mar 12, 2012 2:50am
Quoting bluesteele
I find it very interesting that a successful trader of 30 yrs puts into his
O.P. zip files two things. One pdf file of Doug Zalesky's 25 point Mantra and the other Nanninbobs recovery method.

The reason I find this interesting is that the "rank amateur" Nanningbob's recovery method goes against everything the "seasoned pro" Doug Zalesky stands for.

May I ask Alfredo before I dig any further into your system. Do you trade with a MT4 broker?

Cheers
Bluesteele
Yes. FxPro.
Observation is the path to discovery.
  • #4,907
  • Mar 12, 2012 2:52am Mar 12, 2012 2:52am
Quoting Jbomb21990
I want to THANK the coders that have worked on the indis for this system, and of course Thank Al for presenting it.

Would it be possible to add an alert to the TMA Slope Normalized Scalping Indi that would alert when the bars went above 50 or below -50? An alert with an email function would be great if it is possible.

Thanks Either way
We will soon be working on voice alerts for all the indicators.
Observation is the path to discovery.
  • #4,908
  • Mar 12, 2012 2:53am Mar 12, 2012 2:53am
Quoting bcarbon
Al, previously you mentioned you had a family emergency. I hope everything is OK. You have not been around the thread for long time.
Be well.
Everything is ok. Thanks.
Observation is the path to discovery.
  • #4,909
  • Mar 12, 2012 2:56am Mar 12, 2012 2:56am
Is there any reason not to sell E/U G/U and long Usd/Chf according to m5 rules?
  • #4,910
  • Mar 12, 2012 3:04am Mar 12, 2012 3:04am
It is distinctly possible to see a pullback on the USD today. It has come up a bit too fast and the USIndex opened with a gap higher today and as you may know: "Gaps are made to be closed". Look for a bit of a recovery from Euro, Chf and Jpy.
Observation is the path to discovery.
  • #4,911
  • Mar 12, 2012 3:38am Mar 12, 2012 3:38am
Hello friends,

thank you all for the compliments about the PDF.

I remind you that can download it from post 4768.

___________________________

Para los hispanoparlantes que no entienden bien las normas en inglés, les recuerdo que pueden descargarse un PDF con las mismas en español. Están en el post 4768.

Un saludo.
  • #4,912
  • Mar 12, 2012 4:04am Mar 12, 2012 4:04am
Quoting Alorente
If you want absolute accuracy, Yes, but honestly, it won´t make much difference.
Thank you, Al!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #4,913
  • Mar 12, 2012 4:24am Mar 12, 2012 4:24am
I'm short CHF/JPY
  • #4,914
  • Mar 12, 2012 4:28am Mar 12, 2012 4:28am
I tried this by myself, and it’s true: when the PA touched the center line, the position for exiting closed, meanwhile, the other positions are still open.
  • #4,915
  • Mar 12, 2012 4:34am Mar 12, 2012 4:34am
Quoting FocusedonFX
I'm short CHF/JPY
Good call!

Did not trade that pair...until NOW!

Nice downslope of TMA, touch of daily pivot (standard) and 200 SMA...let's see!
  • #4,916
  • Mar 12, 2012 4:37am Mar 12, 2012 4:37am
Somebody short Eur/Aud?
  • #4,917
  • Mar 12, 2012 4:37am Mar 12, 2012 4:37am
I'm short eur/jpy
  • #4,918
  • Mar 12, 2012 4:44am Mar 12, 2012 4:44am
Hi Al,

Thank you for showing us the Extreme TMA system. I've been following quietly in the background and demo trading it. Success has been mixed, but in reviewing the bad trades it is usually me not following all 4 rules.

Regarding the DST question asked by some of the thread members, please remember the setting in the pivot indicator is to compensate for what your broker use for their end-of-day relative to GMT and once that is set correctly it should not be an issue if your broker observe DST. This is because, London, England is located in GMT time zone and it observes DST and in accordence with the dates used by nearly all of the countries in the world. Only the US and Canada (reluctantly) uses the 3 weeks earlier and 1 week later dates (we can thank George Bush jr. for this mess). Even with this non-conforming DST date and you are located in the US or Canada, but your broker is located elsewhere, you do not have to change your setting from before.
  • #4,919
  • Mar 12, 2012 5:04am Mar 12, 2012 5:04am
A nice 35pips pivot rejection plus dashboard signal.I rate this as AAA set-up
  • #4,920
  • Mar 12, 2012 5:07am Mar 12, 2012 5:07am
Quoting penet
I'm short eur/jpy

Set up seems good, but TMA is not green...
6 traders viewing now