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Extreme TMA System

  • #5,061
  • Mar 13, 2012 12:11am Mar 13, 2012 12:11am
Quoting stevefx
You could also use the ASI to simulate price cross...ASI is a smoothed price line with a heavy emphasis on close price, so as to eliminate some volatility from the line. Its generally used to filter false breakouts.

Not meaning to change the system, but it makes for a pretty darn decent lower indicator.
Very interesting.
What does ASI stands for?
  • #5,062
  • Mar 13, 2012 12:13am Mar 13, 2012 12:13am
Another Sexy Indicator?
Tracking the Specialists.
  • #5,063
  • Mar 13, 2012 12:22am Mar 13, 2012 12:22am
Watching Eur,Aud,Chf/JPY pairs
  • #5,064
  • Mar 13, 2012 12:22am Mar 13, 2012 12:22am
Quoting bcarbon
Very interesting.
What does ASI stands for?
Accumulative Swing Index. Welles Wilder invention.

http://forex-indicators.net/accumulative-swing-index
  • #5,065
  • Mar 13, 2012 12:59am Mar 13, 2012 12:59am
Quoting stevefx
Accumulative Swing Index. Welles Wilder invention.

http://forex-indicators.net/accumulative-swing-index
It works very nice with TMA for entries. Filters lots of bad signals.
  • #5,066
  • Mar 13, 2012 1:00am Mar 13, 2012 1:00am
Quoting Connected
Another Sexy Indicator?
  • #5,067
  • Mar 13, 2012 3:30am Mar 13, 2012 3:30am
Hello! First of all I am spanish, sorry for my bad english. I tested the system on my computer and I really like. The other day I saw that there was a version of MT4 for mobile (iphone I have). However, can I add custom indicators? Anyone know if we can use the "Extreme TMA System in the mobile". Goodbye!
  • #5,068
  • Mar 13, 2012 3:49am Mar 13, 2012 3:49am
Short GBP/JPY, stop above R3.
  • #5,069
  • Mar 13, 2012 3:52am Mar 13, 2012 3:52am
If you want to use the the TMA 1.4 in lower window ,just download the attached file.


http://i41.tinypic.com/15g9f87.jpg
Attached File(s)
File Type: mq4 TMA v1.4_lower window.mq4   11 KB | 842 downloads
  • #5,070
  • Mar 13, 2012 4:13am Mar 13, 2012 4:13am
I have a real worry that this thread is going to die like a lot of others. My reasoning is that Al kindly introduced and taught us a new system, fairly simplistic in its operation and now all of a sudden lots of other indicators are being suggested/introduced which in my view will only complicate things.

It's Al's thread and we should let him be the judge of what's needed.
  • #5,071
  • Mar 13, 2012 4:17am Mar 13, 2012 4:17am
i'm not yet 100% comfortable on this system especially because some indicators are repaint but I really like the tma indicator.

And still had to do my home work studying the heiken ashi. This is my first time using it after reading Al's posts about heiken, it seems interesting. I deleted heiken ashi on almost every indicator that comes with it lol as you can see on my prev post http://www.forexfactory.com/showthre...08#post5468408

demo (currently)
-22 g/j still open (sell)
-12 eurgbp still open (buy)

i traded this live only when i see double top/bottom or divergence.
  • #5,072
  • Mar 13, 2012 4:20am Mar 13, 2012 4:20am
Quoting FocusedonFX
Short GBP/JPY, stop above R3.

hmm.. on my chart (1 min just for a more detailed view) it is still in the middle between R2 and R3, see pic.
Would be always good to post your screenshot. A picture says more than 1000 words.

regards
candletiger
Attached Image (click to enlarge)
Click to Enlarge Name: GJa.jpg Size: 173 KB
  • #5,073
  • Mar 13, 2012 4:21am Mar 13, 2012 4:21am
Quoting handy148
I have a real worry that this thread is going to die like a lot of others. My reasoning is that Al kindly introduced and taught us a new system, fairly simplistic in its operation and now all of a sudden lots of other indicators are being suggested/introduced which in my view will only complicate things.

It's Al's thread and we should let him be the judge of what's needed.

Right and sign
  • #5,074
  • Mar 13, 2012 4:28am Mar 13, 2012 4:28am
Quoting candletiger
hmm.. on my chart (1 min just for a more detailed view) it is still in the middle between R2 and R3, see pic.
Would be always good to post your screenshot. A picture says more than 1000 words.

regards
candletiger
It's not a particularly great setup worthy of a pic, just an aggressive trade on a pair that I favor. Was looking at the 15 Minute Chart and interested in the R/R potential with the Resistance nearby.
  • #5,075
  • Mar 13, 2012 4:38am Mar 13, 2012 4:38am
Quoting handy148
I have a real worry that this thread is going to die like a lot of others. My reasoning is that Al kindly introduced and taught us a new system, fairly simplistic in its operation and now all of a sudden lots of other indicators are being suggested/introduced which in my view will only complicate things.

It's Al's thread and we should let him be the judge of what's needed.
Hello Handy,

I appreciate your comments, however I feel it is a positive thing to have the members brainstorm about how they think the system can be improved. Of course, in the end I will decide what goes into the rules of the system, but 100 brains will do much better than one. So keep it coming. I evaluate everything suggested that appears to have merit.
Observation is the path to discovery.
  • #5,076
  • Mar 13, 2012 4:40am Mar 13, 2012 4:40am
One more.. I hope someone can enlighten me how to make this work..
it's just blank

http://i39.tinypic.com/yfh9s.gif

I tried different settings but still not working..

Thanks
  • #5,077
  • Mar 13, 2012 4:45am Mar 13, 2012 4:45am
Quoting handy148
I have a real worry that this thread is going to die like a lot of others. My reasoning is that Al kindly introduced and taught us a new system, fairly simplistic in its operation and now all of a sudden lots of other indicators are being suggested/introduced which in my view will only complicate things.

It's Al's thread and we should let him be the judge of what's needed.
I completely agree. It's been a few days since I looked at this thread and I've just sat down this morning to catch up with everything. I'm quite dismayed, but not surprised, to see all these extra indicators and techniques being thrown around. It seems to be the way every thread goes: instead of traders spending the time and effort to learn the system inside out, they have a few losses and start blaming the system and looking for things to 'filter out' their bad trades. I know, because I've done it myself! Believe me, it doesn't work and is a stupid, futile exercise.

Al has presented a wonderful system here, which, if learned and practiced over several months and followed properly, will result in profits. Why not stand on the shoulders of someone who has already done the hard work and paid the price?

PB
  • #5,078
  • Mar 13, 2012 4:48am Mar 13, 2012 4:48am
Out of curiosity, can someone tell me what the gray dots in the Extreme_Spike indi mean?

Thanks in advance for your help...
To excel by continuous learning
  • #5,079
  • Mar 13, 2012 4:49am Mar 13, 2012 4:49am
Quoting pixelboy
I completely agree. It's been a few days since I looked at this thread and I've just sat down this morning to catch up with everything. I'm quite dismayed, but not surprised, to see all these extra indicators and techniques being thrown around. It seems to be the way every thread goes: instead of traders spending the time and effort to learn the system inside out, they have a few losses and start blaming the system and looking for things to 'filter out' their bad trades. I know, because I've done it myself! Believe me, it doesn't work and is a stupid,...
Well said PB.
may you find what you seek and trade what you find
  • #5,080
  • Mar 13, 2012 4:50am Mar 13, 2012 4:50am
Quoting PeepCzar
Out of curiosity, can someone tell me what the gray dots in the Extreme_Spike indi mean?

Thanks in advance for your help...
They are spikes that when repainted ended up disappearing. Please, note that we do not use the Extreme spike indi anymore.
Observation is the path to discovery.
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