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Extreme TMA System

  • #5,181
  • Edited 4:08pm Mar 13, 2012 3:58pm | Edited 4:08pm
Quoting harry45
It is currency index .Try. Best Regards
Here is MTF one that I built. It is a not quite as pretty but has more information and still pretty condensed. I have used it to find extreme pairs but really it doesn't do that as well as the new dashboard does.
Attached File(s)
File Type: mq4 CurrencyStrengthMTF.mq4   11 KB | 648 downloads
  • #5,182
  • Edited 7:46pm Mar 13, 2012 4:26pm | Edited 7:46pm
I have been testing my latest version 22 of the dashboard...
- user determined timeframes
- user determined pairs/tradeable
- user determined position on your chart (vertically & horizontally)
- ability to have multiple dashboards on one chart
- GMT offset for correct pivot determination

I still have some more work to add:
- alerts (voice)
- email alerts

I am sending this version to Al for further testing.
I will update the manual for Version 22.

Carl
Attached Image (click to enlarge)
Click to Enlarge Name: 3Example.jpg Size: 411 KB
  • #5,183
  • Mar 13, 2012 4:38pm Mar 13, 2012 4:38pm
Quoting crodzilla
I have been testing my latest version 22 of the dashboard...
- user determined timeframes
- user determined pairs/tradeable
- user determined position on your chart (vertically & horizontally)
- ability to have multiple dashboards on one chart
- GMT offset for correct pivot determination

I still have some more work to add:
- alerts (voice)
- email alerts

I am sending this version to Al for further testing.
I will update the manual for Version 22.

Carl
Wow that is AWESOME Carl Thank you for all of your effort and expertise that you share so freely.

Thanks Again

Robert
  • #5,184
  • Mar 13, 2012 4:56pm Mar 13, 2012 4:56pm
Quoting Alorente
Yes. I use a maximum of 1/2 of the account at any one time. and 50:1 leverage. The maximum per initial position is 4%, so in your example, 4,000 margin. The other half of the account is kept in reserve. In Recovery, I will treat the second order at -100 pips as a different position and employ another 4%+ for it, etc.
I am sorry i dont really get it......
So you always would use 4000 in this example, but the margin is different in every pair right ? So you will use half the account at once so thats 2000. With a leverage of 50 that does mean that you will use 50 x 2000 is 1 lot ??
In the EU you would be able to go to -400 pips, correct ?
  • #5,185
  • Mar 13, 2012 5:12pm Mar 13, 2012 5:12pm
Great job Carl !!!
  • #5,186
  • Mar 13, 2012 5:38pm Mar 13, 2012 5:38pm
Quoting crodzilla
I have been testing my latest version 22 of the dashboard...
- user determined timeframes
- user determined pairs/tradeable
- user determined position on your chart (vertically & horizontally)
- ability to have multiple dashboards on one chart
- GMT offset for correct pivot determination

I still have some more work to add:
- alerts (voice)
- email alerts

I am sending this version to Al for further testing.
I will update the manual for Version 22.

Carl
Would you mind sharing your pivot code. I have got my code working well but my broker is 0 GMT. I would like to generalize it for others to use though. Have you found a way to determine the broker offset automatically. Seems like that would be ideal but I just can't seem to see a way to do that.
  • #5,187
  • Mar 13, 2012 5:40pm Mar 13, 2012 5:40pm
Hi everyone,

Is the tmaslope_norm repaint?

Thanks
  • #5,188
  • Mar 13, 2012 5:42pm Mar 13, 2012 5:42pm
Quoting scott-ibm
William :


There is not 30 pips from band to band.

band width must bigger than 30 pips, is it Rule of TMA ??



SCOTT
It is a suggestion from Alfredo.
may you find what you seek and trade what you find
  • #5,189
  • Mar 13, 2012 5:43pm Mar 13, 2012 5:43pm
Quoting jaau
Hi friend!

The 30 pips stuff is your personal rule?

L.
It is a suggestion from Alfredo.
may you find what you seek and trade what you find
  • #5,190
  • Mar 13, 2012 5:46pm Mar 13, 2012 5:46pm
Quoting crodzilla
I have been testing my latest version 22 of the dashboard...
- user determined timeframes
- user determined pairs/tradeable
- user determined position on your chart (vertically & horizontally)
- ability to have multiple dashboards on one chart
- GMT offset for correct pivot determination

I still have some more work to add:
- alerts (voice)
- email alerts

I am sending this version to Al for further testing.
I will update the manual for Version 22.

Carl
Hello Carl,

You are THE MAN.

William
may you find what you seek and trade what you find
  • #5,191
  • Edited 5:56pm Mar 13, 2012 5:55pm | Edited 5:56pm
Quoting Alorente
William,

I feel that both those numbers are achievable using these recommended procedures from Post 1:

B- With a Tight Stop Loss: If you use a tight stop loss (within 30 pips of entry price or less), at this point apply to the chart the correct EA of the two supplied. The 5 x 5 Buy EA for a long trade or the 5 x 5 Sell EA for a short trade. Please, be aware that this option will reduce your profit by several pips per trade. The trade off is less risk, since you enter the trade in the desired direction.

[b]Very Conservative (exit): Close...
Hola My Friend,

Sometimes when you use the 5x5 ea's, your entry ends up being well within the bands. Is this still a valid entry?

William
may you find what you seek and trade what you find
  • #5,192
  • Edited 6:24pm Mar 13, 2012 6:21pm | Edited 6:24pm
Surf Nomad,

Just Google Images "Siargao". You will see what I am talking about.

William
may you find what you seek and trade what you find
  • #5,193
  • Mar 13, 2012 6:44pm Mar 13, 2012 6:44pm
Quoting faxxion
Surf Nomad,

Just Google Images "Siargao". You will see what I am talking about.

William

Wow What a beautiful island and killer breaks and you say Sept to Jan is best surf season?
  • #5,194
  • Mar 13, 2012 7:27pm Mar 13, 2012 7:27pm
Curious to know how many traders use this system during the Asian session and with what sort of success?
Just trade the pullback you idiot!
  • #5,195
  • Mar 13, 2012 7:39pm Mar 13, 2012 7:39pm
Quoting Paradox
Would you mind sharing your pivot code. I have got my code working well but my broker is 0 GMT. I would like to generalize it for others to use though. Have you found a way to determine the broker offset automatically. Seems like that would be ideal but I just can't seem to see a way to do that.
It was a real pain in the you-know-what, I searched high and low for a good GMT shift pivot routine.

Attached is the indicator I used the GMT code from.

Start from the call of ComputeDayIndices function and use all until it finds the high and low of the previous day. Use the fibonacci pivot calculations, copy the subroutines that uses, and bam. Good to go.

LocalTimeZone does not need to be changed from zero.
DestTimeZone is what you want to call GMTShift.
Attached File(s)
File Type: mq4 SDX-TzPivots.mq4   17 KB | 546 downloads
  • #5,196
  • Mar 13, 2012 8:34pm Mar 13, 2012 8:34pm
Quoting Batavier
Curious to know how many traders use this system during the Asian session and with what sort of success?
you can use almost any system on aud and nzd i guess because it's their market time...
i'm banking +15 on nzd but missed the aud.
  • #5,197
  • Mar 13, 2012 8:35pm Mar 13, 2012 8:35pm
Quoting Argonod
hello all,
thanks too Al for this great topic.
has anyone noticed the TMAs while crossing each other on mtf?
use one time frame (any) and add tma to the chart with different timeframe value such as:60 for H1 and 240 for h4 ....
right now the h4 is crossing d1 downward
What a great post, Argonod! A picture is worth 1,000 words.

This is the classic concept of taking a method on a high TF, then using the same method on lower TF to tune your entry.

I know this is also what has been going on with M5 and M15, and with the dashboard. But I'm astonished no one commented on it all day.
Luck occurs when preparation meets with opportunity.
  • #5,198
  • Mar 13, 2012 8:40pm Mar 13, 2012 8:40pm
Quoting crodzilla
It was a real pain in the you-know-what, I searched high and low for a good GMT shift pivot routine.

Attached is the indicator I used the GMT code from.

Start from the call of ComputeDayIndices function and use all until it finds the high and low of the previous day. Use the fibonacci pivot calculations, copy the subroutines that uses, and bam. Good to go.

LocalTimeZone does not need to be changed from zero.
DestTimeZone is what you want to call GMTShift.
Thanks.

Would be great if there was a call like in MarketInfo to get Timezone of the Broker. Then the user would not have to figure out anything.
  • #5,199
  • Mar 13, 2012 8:58pm Mar 13, 2012 8:58pm
Quoting crodzilla
It was a real pain in the you-know-what, I searched high and low for a good GMT shift pivot routine.

Attached is the indicator I used the GMT code from.

Start from the call of ComputeDayIndices function and use all until it finds the high and low of the previous day. Use the fibonacci pivot calculations, copy the subroutines that uses, and bam. Good to go.

LocalTimeZone does not need to be changed from zero.
DestTimeZone is what you want to call GMTShift.
Carl, since you're talking about pivots, I thought I'd share this one.

It apparently picks up your broker's time zone. It just has one time offset, where you enter the day's start time (really the end time) you want to use.

I enter 17:00 because I use end of day as NY close, which is 5pm EST. Whatever TZ you are in, there are only 24 possible choices.

I found it about 6 months ago, and Screenname added some features. You can change between day/week/month pivots, and you can also select to include or exclude Sunday data.

I would prefer some different display options, but its display is ok. The values are correct, which is the main thing. I don't know whether it's "good code" but maybe you'll like it.

BTW did you see my PM? I'm sure you get a lot, though.

Mega pips to all!
AF
Attached File(s)
File Type: mq4 PivotPoints.mq4   14 KB | 509 downloads
Luck occurs when preparation meets with opportunity.
  • #5,200
  • Mar 13, 2012 9:51pm Mar 13, 2012 9:51pm
@Tuauxp
Sorry to bother you . Can you please tell me what kind of ma are you using?
Attached Image (click to enlarge)
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