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Extreme TMA System

  • #5,541
  • Mar 15, 2012 12:13pm Mar 15, 2012 12:13pm
Ok, thanks for that advice..........
  • #5,542
  • Mar 15, 2012 12:31pm Mar 15, 2012 12:31pm
Quoting shahrooz67
Hi AL

I did not understand your r-mail exactly

do you need m15 data to stay at his old place and another time frame upper than m15 ?! or some thing else ?!


The current one which i sent to you replaces any time frame you like instead of m15 data like the image

it is h1 trade and showing both h1 and h4 ! (h4 = our custom time frame ad can be anything by user setting)

Sorry for answering here , I have troubles loading my email today!
Itīs ok now, Shah. I had to uninstall the other one and reinstall and it fixed it. Thanks.
Observation is the path to discovery.
  • #5,543
  • Mar 15, 2012 12:32pm Mar 15, 2012 12:32pm
Quoting Jnr6or
I've not been able to see the tma center line re-colouring i only meet it when it has coloured and has gone very far. I realli think am missing some settings pls help me... Once again ur realli doing a wonderful work here especially for us the young traders tks again.......
Please, post a picture of your chart.
Observation is the path to discovery.
  • #5,544
  • Mar 15, 2012 12:41pm Mar 15, 2012 12:41pm
Quoting Alorente
Itīs ok now, Shah. I had to uninstall the other one and reinstall and it fixed it. Thanks.

  • #5,545
  • Mar 15, 2012 12:56pm Mar 15, 2012 12:56pm
Wow! I think very soon someone will try to discredit this thread and put it in the recycle bin. LOL

If the rules are followed nothing can stop you profiting that's for sure and that includes recovery.

I think I will go with the 1 hour time frame and get more pips. 70 pips on about three pairs a day is enough for me.

Thanks again Al

Robert
With God its impossible to lose
  • #5,546
  • Mar 15, 2012 1:06pm Mar 15, 2012 1:06pm
Quoting Jbomb21990
Is it possible to add an email and sound alert when the colored center line changes color?

That alert or an email/sound alert for when the normalized TMA crosses +50 or -50 would be AWESOME for folks that can't be in front of the screen at all times.

I know I am asking a lot and am at the mercy of the coders...but it would certainly be appreciated.

Thanks in advance
I second that sentiment of adding an alert to a +50 or -50 cross for the TMA normalized. I have found this to be cross at the 50's to be very helpful on a visual basis. Thing is you need to be constantly checking and rechecking the charts visually, an alert would help alot.

Thanks for your consideration.

Best regards.
  • #5,547
  • Mar 15, 2012 1:11pm Mar 15, 2012 1:11pm
Quoting rglenn
Wow! I think very soon someone will try to discredit this thread and put it in the recycle bin. LOL

If the rules are followed nothing can stop you profiting that's for sure and that includes recovery.

I think I will go with the 1 hour time frame and get more pips. 70 pips on about three pairs a day is enough for me.

Thanks again Al

Robert
Hello Robert. Yes, Iīm beginning to warm up to the idea of recommending the H1 TF for the Extreme TMA System. The trades are much easier to spot and to enter. I havenīt had a loser yet in H1. It is slower than molasses for me because Iīm used to M5 but for learning to master the system while you make money consistently I think it is the way to go. I would not touch M15 until you really know the ropes and are ready to implement the Recovery system. Remember to keep your trade size small and Recovery is a piece of cake. Just completed my 17th Recovery successfully with UsdJpy and I didnīt have to go into stage three.
Observation is the path to discovery.
  • #5,548
  • Mar 15, 2012 1:15pm Mar 15, 2012 1:15pm
Quoting Riddermark
I second that sentiment of adding an alert to a +50 or -50 cross for the TMA normalized. I have found this to be cross at the 50's to be very helpful on a visual basis. Thing is you need to be constantly checking and rechecking the charts visually, an alert would help alot.

Thanks for your consideration.

Best regards.
I donīt see how an alert can help when you are following 18 charts unless it is verbal, but even then it would have to name the pair.
Observation is the path to discovery.
  • #5,549
  • Mar 15, 2012 1:16pm Mar 15, 2012 1:16pm
Quoting Riddermark
I second that sentiment of adding an alert to a +50 or -50 cross for the TMA normalized. I have found this to be cross at the 50's to be very helpful on a visual basis. Thing is you need to be constantly checking and rechecking the charts visually, an alert would help alot.

Thanks for your consideration.

Best regards.
The dashboard is an amazing piece of work, a great tool that I use everyday for looking for a /buysell that lines up on 3 timeframes, 5m, 15m, 1h, when all these 3 line up you have a high probability trade.I do not know if it is possible to code but just imagine if the dashboard told us when the TMA slope was above .50 and sloping upwards or below -.50 and sloping downwards on multiple timeframes and make us look to take a trend following position in that direction of the slope.Wish my English was better to put into words the idea I have in my mind.
  • #5,550
  • Mar 15, 2012 1:23pm Mar 15, 2012 1:23pm
Hi Al and everybody !
I like this thread and I’ve been read it for a while.
I like how nobody here is acting cocky and everybody is humble.
I have learned a lot here.
This looks like the one of the most active threads on the forum.
Congratulations for your hard work!

Ernest from Hungary
  • #5,551
  • Mar 15, 2012 1:34pm Mar 15, 2012 1:34pm
Quoting normtold
The dashboard is an amazing piece of work, a great tool that I use everyday for looking for a /buysell that lines up on 3 timeframes, 5m, 15m, 1h, when all these 3 line up you have a high probability trade.I do not know if it is possible to code but just imagine if the dashboard told us when the TMA slope was above .50 and sloping upwards or below -.50 and sloping downwards on multiple timeframes and make us look to take a trend following position in that direction of the slope.Wish my English was better to put into words the idea I have in my mind....
That is the 5M scalping system that we have. Enter long on crossing above 0.50 and exit on crossing below it. Enter short on crossing -0.50 and exit above it. We could set the alarm on the indicator. It doesnīt need to be on the dashboard. It cannot be on multiple time frames, because each will enter at different times, but if you have the three charts of 3 TFs the indis could alert you as they cross. That is easy to do. I can send the voice ,wav files to Shah and he can code it. Iīll prepare them tomorrow.
Observation is the path to discovery.
  • #5,552
  • Mar 15, 2012 1:36pm Mar 15, 2012 1:36pm
Quoting analfabeta
Hi Al and everybody !
I like this thread and I’ve been read it for a while.
I like how nobody here is acting cocky and everybody is humble.
I have learned a lot here.
This looks like the one of the most active threads on the forum.
Congratulations for your hard work!

Ernest from Hungary
Thanks Ernest and Welcome. No cockiness allowed here. No, just kidding. Weīre just nice chaps...
Observation is the path to discovery.
  • #5,553
  • Mar 15, 2012 1:38pm Mar 15, 2012 1:38pm
Hi Al,

I remember earlier at the beginning of this thread you mentioned your bread and butter were the 200 day simple moving average and the 55 EMA "Triple Exponential" (Coral on THV).

Do you believe Extreme TMA should have at least the 200 day simple moving average added to it?

The reason I ask is on ALL timeframes I've witnessed this moving average as a significant support or resistance. The price is almost always bouncing off of it either long or short.

Thanks for all your contributions.

Best regards.
  • #5,554
  • Mar 15, 2012 1:48pm Mar 15, 2012 1:48pm
Quoting Alorente
I like it. It should take in at least 300 candles in the calculation.
Al, here is an indicator I quickly put together. Put it on the 15-min of any chart, of the Symbol you would like to find the optimum ATR Multiplier for. It will optimize each timeframe as a tick comes in, so it doesn't lock up your MT4.

It will run once through all timeframes, then stop, so you can change your TMA's parameters then unload the optimization indicator.

You can change the PercentInBands to your liking. If you want 90% of the last 300 bars of history to be inside the bands enter .9. If you want 80% of the last 300 bars to be inside the bands, enter .8.

Carl
Attached Image (click to enlarge)
Click to Enlarge Name: optimize.jpg Size: 558 KB
Attached File(s)
File Type: ex4 ExtremeTMA Optimizer v2.ex4   8 KB | 998 downloads
  • #5,555
  • Mar 15, 2012 1:48pm Mar 15, 2012 1:48pm
Quoting Riddermark
Hi Al,

I remember earlier at the beginning of this thread you mentioned your bread and butter were the 200 day simple moving average and the 55 EMA "Triple Exponential" (Coral on THV).

Do you believe Extreme TMA should have at least the 200 day simple moving average added to it?

The reason I ask is on ALL timeframes I've witnessed this moving average as a significant support or resistance. The price is almost always bouncing off of it either long or short.

Thanks for all your contributions.



Best regards.
No. Too much going on in one chart, especially the miniature version. What you need, is what I have. Minimized THV charts of all the pairs I trade. When the dashboard sends a signal, I maximize my THV setup and immediately I can tell if itīs a go or a no go. There are things in my THV setup that have nothing to do with Extreme TMA, but are just as powerful, and it has nothing to do with the original rules of the THV system which are useless in my view. We will be discussing this later on. The two systems complement each other enormously. When you use both, if you enter a bad trade it is because you made a mistake, not because systems failed. First things first. You need to master Extreme TMA before you start with THV. They are completely different in everything and it would confuse everyone miserably to introduce it now. I did post the files this afternoon, so you can look at it if you want.
Observation is the path to discovery.
  • #5,556
  • Mar 15, 2012 1:50pm Mar 15, 2012 1:50pm
I' m follow your thread and I found it very interested, however I trade mostly Oil, and seldom do Forex. Have you try your system on the crude Oil? Your response will be greatly appreciated.
  • #5,557
  • Mar 15, 2012 1:51pm Mar 15, 2012 1:51pm
Quoting crodzilla
Al, here is an indicator I quickly put together. Put it on the 15-min of any chart, of the Symbol you would like to find the optimum ATR Multiplier for. Its will optimize each timeframe as a tick comes in, so it doesn't lock up your MT4.

It will run once through all timeframes, then stop, so you can change your TMA's parameters then unload the optimization indicator.

You can change the PercentInBands to your liking. If you want 90% of the last 300 bars of history to be inside the bands enter .9. If you want 80% of the last 300 bars to be inside...
Wonderful, Magic Man. I will try it out and let you know what I find. Thanks.
Observation is the path to discovery.
  • #5,558
  • Mar 15, 2012 1:55pm Mar 15, 2012 1:55pm
Quoting Alorente
Hello Robert. Yes, Iīm beginning to warm up to the idea of recommending the H1 TF for the Extreme TMA System. The trades are much easier to spot and to enter. I havenīt had a loser yet in H1. It is slower than molasses for me because Iīm used to M5 but for learning to master the system while you make money consistently I think it is the way to go. I would not touch M15 until you really know the ropes and are ready to implement the Recovery system. Remember to keep your trade size small and Recovery is a piece of cake. Just completed my 17th Recovery...
Hello Alfredo,

How do you like the USDCHF on 1H?

William
may you find what you seek and trade what you find
  • #5,559
  • Mar 15, 2012 1:56pm Mar 15, 2012 1:56pm
Hi Al,
I've been following the thread most of the day, but just noticed a few minutes ago that I forgot to sign in. ;^D

I found it a little ironic when you were talking about the unstressed big traders that work a few hours and went to the golf course.

It sounded nothing like you! (For which we are all thankful! ;^)

You handle stress like no human being I've ever seen!

I've continued to collect the most helpful posts I could and now have, oh, I'd say about 120 pages, or there abouts.

But much of it is obsolete as you guys continue to develop this system at the speed of light.

So, I'll have to do quite a bit of editing before it's ready to publish.

Here was what I thought was one of the most revealing posts of yours today (my emphasis):

Mar 15, 2012 1:58pm #5532

Alorente
Quote:
Originally Posted by Alpiberi
"So did I 53 minutes ago at 1.05466 because the dashboard showed a red sell on M5 M15 and H1, sold at R2.
I am conservative mostly looking for when all 3 of the above timeframes agree, then set order at R or S, I probably miss a lot of trades this way though."

Good point.
AudUsd had all three: M5, M15 and H1 with a red SELL.…,
plus it was on resistance
plus it was hitting the top band of the H1
plus it was a mile past the M15 band
and the center line changed color.
You canīt get any better than that.

Nice check list!
The mind thinks, the heart knows...
  • #5,560
  • Mar 15, 2012 1:57pm Mar 15, 2012 1:57pm
Quoting faxxion
Hello Alfredo,

How do you like the USDCHF on 1H?

William
I wouldnīt touch it here. It has a lot of bottoming to do before going anywhere. I see it retesting 0.92 more than once.
Observation is the path to discovery.
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