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Extreme TMA System

  • #5,581
  • Mar 16, 2012 1:33am Mar 16, 2012 1:33am
Quoting Pipsninja
Here you go PeepCzar, I have never used this indicator but hope it helps. I usually click on File on my MT4 platform and then choose Save as Picture. Then I save my chart to my Desktop and then the chart is ready for attachment.
Thanks, mate! I'll certainly evaluate it...
To excel by continuous learning
  • #5,582
  • Mar 16, 2012 1:54am Mar 16, 2012 1:54am
Quoting jeff75
Hi PeepCzar,

I totally agree with you. In particular it would be interesting to have copies of charts immediately after people get into a trade.This is particularly important insofar as the indicators repaint.
Maybe just me, but I feel that the indicator repaint isn't a good feature for learners because after a while the chart doesn't exactly reflect the actual snapshot at the moment when a particular event of a price action took place. I'd appreciate, if someone can tell me the pro and con of repaint vs. no repaint, because at the moment I can't see the benefit of having a repainted chart.

Sorry, if this is off topic...
To excel by continuous learning
  • #5,583
  • Mar 16, 2012 1:56am Mar 16, 2012 1:56am
Good morning Al,
your system is like a space shuttle, with its help we can reach other galaxies. but I (and I think many others) need to know more of pilots manual. To be successful we must have a good system and to know more about how to fly. I would like only one time per day that you publish a chart with your deep neural arguments because that helps us more than you think.I feel like the bushmen that had seen the first time a space shuttle .

sorry for my english
An idea is a new combination of old elements.
  • #5,584
  • Mar 16, 2012 2:16am Mar 16, 2012 2:16am
Quoting Connected
If you read all of the pages in the thread you would know the answers to the questions you ask, as they have been asked previously.
Don't know about you, but I'd like to have discussion or brain storming about successful or even unsuccessful trades, so that we can share our experiences with each other. Just like Al, he doesn't hesitate to share his knowledge and experience with us. He believes in the power of sharing and I believe it, too.
To excel by continuous learning
  • #5,585
  • Mar 16, 2012 2:52am Mar 16, 2012 2:52am
Good Morning. As promised, I will give you an easy way to confirm your Extreme TMA entries with the THV4 system. Firstly, let me state that Heiken Ashi candles are much more important in H1 than M15. The longer the time frame you use, the more you can rely on HA candles.

Look at the attached chart, A, B and C vertical lines. They are drawn right over the last Blue candle of each strong move up. Look at the THV indi (The middle Indicator) It is composed of Fast Trix (Thin Line) and Slow Trix (Thick Line). When Fast Trix is Green and above Slow Trix, the market should be rising. When Fast Trix is Red and Below Slow Trix, the market should be falling.

Letīs look at Line A. Price is at its zenith, but Fast Trix has been falling for a while and below Slow Trix when the first Red candle appears. This is a Trix Divergence and it indicates the market should be sold at the close of the first Red candle. Exit should be when first Blue candle appears AND Fast Trix is Green.

Letīs look at Line B. Exactly the same situation as Line A. First Red candle appears, Fast Trix is below Slow Trix. Sell the market at the close of the candle. Exit the same way as before.

Now lets look at C. Here the first Red candle appears BUT Fast Trix is above Slow Trix AND still Green at that point. Do not Sell the market. After a trading range, Price should continue to rise.

It is very important to have had a strong move before the color change of the candle AND to allow the new colored candle to close before placing your trade.

There are other ways to use THV4 that confirm these same signals, but for now, here you have a simple, easy to understand and very reliable system to trade H1. Remember to contrast this with the Extreme TMA rules, especially the first 3. The fourth rule you can skip if you have the THV confirming a trade in the way I explained.

Good Luck !!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd - h1.jpg Size: 111 KB
Observation is the path to discovery.
  • #5,586
  • Mar 16, 2012 3:15am Mar 16, 2012 3:15am
Quoting Alorente
Good Morning. As promised, I will give you an easy way to confirm your Extreme TMA entries with the THV4 system. Firstly, let me state that Heiken Ashi candles are much more important in H1 than M15. The longer the time frame you use, the more you can rely on HA candles.

Look at the attached chart, A, B and C vertical lines. They are drawn right over the last Blue candle of each strong move up. Look at the THV indi (The middle Indicator) It is composed of Fast Trix (Thin Line) and Slow Trix (Thick Line). When Fast Trix is Green and above Slow...
Big tanx to you four all your efforts. Will surely give this a go coz am in love with the 1Hr tf in combination with the ETMA system. Pls where can I find the THV4 indicator?
  • #5,587
  • Mar 16, 2012 3:17am Mar 16, 2012 3:17am
Now letīs look at MTF TMA and how it works. By analyzing the interrelationship of the 3 TMAs, you can anticipate the next move of the market. Here is how it works:

Look at the attached chart. You have an M15 TMA, an H1 and an H4. Observe how H1 stays inside H4 moving slowly from wall to wall like a ball bouncing off two walls of a channel. Observe how M15 does the same thing inside H1. Now look at the right side of the chart. You can see that H1 just hit the lower wall of the H4 TMA. What is the next move for the H1 TMA? Up. Now look at the M15 TMA. It has just hit the top wall of H1 and itīs turning to move down towards the bottom wall. You can also see that the H4 TMA is heading down also. If you had the D1 TMA also pictured, you would see that H4 also bounces inside the D1 channel in the same way. In the case pictured. Price will move down inside H1 which is at the same time moving up inside H4 which is itself moving down. 2 out of three down, 1 up. The move down wonīt be as powerful as if all three channels were on a down leg, but still, it will make me some pips. I am short AudUsd right now.

With practice, you can learn to use the interaction of these three TMA channels to your benefit.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd - 3tma.jpg Size: 125 KB
Observation is the path to discovery.
  • #5,588
  • Mar 16, 2012 3:21am Mar 16, 2012 3:21am
Quoting Milanista
Big tanx to you four all your efforts. Will surely give this a go coz am in love with the 1Hr tf in combination with the ETMA system. Pls where can I find the THV4 indicator?
I posted all the files and the template yesterday afternoon. Look for the post.
Observation is the path to discovery.
  • #5,589
  • Mar 16, 2012 3:27am Mar 16, 2012 3:27am
Quoting Alorente
Now letīs look at MTF TMA and how it works. By analyzing the interrelationship of the 3 TMAs, you can anticipate the next move of the market. Here is how it works:

Look at the attached chart. You have an M15 TMA, an H1 and an H4. Observe how H1 stays inside H4 moving slowly from wall to wall like a ball bouncing off two walls of a channel. Observe how M15 does the same thing inside H1. Now look at the right side of the chart. You can see that H1 just hit the lower wall of the H4 TMA. What is the next move for the H1 TMA? Up. Now look at the M15...
Well put Big Al. Will work towards perfecting this by His grace. Also, currently long on UC, short on AU, GU & EU & all trades taken from the 1 hr tf since late yesterday. All trades are in profit. For the first time, I am beginning to trade confidently on demo. Merci beaucoup!!!
  • #5,590
  • Mar 16, 2012 3:34am Mar 16, 2012 3:34am
Very powerful and informative info Al! So even though the TMA's are repainting, their movement in relationship to each other is predicting their movement? So in the AUDUSD a shorter term move down followed by a longer term move up? (Back to the upper channel of the 240m TMA)
  • #5,591
  • Mar 16, 2012 3:35am Mar 16, 2012 3:35am
Quoting Alorente
OK. Tomorrow I will explain the H1 process and the MTF TMA which is why I said not to touch USDCHF. I canīt right now because I am dealing with a migraine and can barely see to write this. Good night.
Hi Al,
just seen your explanations! Excellent and thanks a lot. I really appreciate this.
Hope you recovered from the migraine and feel better now.

Thanks
candletiger
  • #5,592
  • Mar 16, 2012 3:37am Mar 16, 2012 3:37am
Quoting Alorente
I posted all the files and the template yesterday afternoon. Look for the post.
Found it. Pg. 362 Post 5423. Thank you so much. You are highly appreciated.
  • #5,593
  • Mar 16, 2012 3:38am Mar 16, 2012 3:38am
Good morning everybody, I'm here to learn so I think I need to read&study AMAP!!!
Hi Al, I'd like to PM you but since I'm a new member I can't.
I'll do when I can meanwhile I'll read all your interesting and helpful posts.
  • #5,594
  • Mar 16, 2012 3:44am Mar 16, 2012 3:44am
Quoting PeepCzar
What we currently need is .mq4 or .ex4 code, which is capable to automatically take snapshot once an entry or exit of a trade is made. I'd appreciate if someone knows and can point me to something like that. I am looking forward to posting my first 2 snapshots for discussion in this thread.
I had written exactly that earlier, it scans for new open/close trades ands takes a snapshot. See post #986
Of course you can do this also manually in MT4, but this way you don't forget and it is also good if you work with stops, especially when they trigger over night.

http://www.forexfactory.com/showthre...37#post5414837

regards
candletiger
  • #5,595
  • Mar 16, 2012 3:51am Mar 16, 2012 3:51am
Watching EURGBP. May be a good long trade off the S3 around 0.8292 in a few minutes. Well outside the M15 band and approaching H1.

PB
  • #5,596
  • Mar 16, 2012 3:54am Mar 16, 2012 3:54am
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. 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...
Thanks for the new optimiser. Great work again. I'll be giving it a go this morning.

PB
  • #5,597
  • Mar 16, 2012 3:57am Mar 16, 2012 3:57am
Quoting FXDawg
Very powerful and informative info Al! So even though the TMA's are repainting, their movement in relationship to each other is predicting their movement? So in the AUDUSD a shorter term move down followed by a longer term move up? (Back to the upper channel of the 240m TMA)
Yes BUT, since the H4 channel is moving down, the H1 channel will move mostly sideways to slightly up and will meet the upper H4 wall. The net move overall for the next couple of weeks is down for this pair. If you look at the D1 TMA you could see how H4 should behave inside of it.
Observation is the path to discovery.
  • #5,598
  • Mar 16, 2012 3:59am Mar 16, 2012 3:59am
Quoting Alorente
I always use 100 pips. per level. You will notice that recovery almost always happens with high ATR pairs, so 100 is the number. Not less.
Thanks Al - I thought that was the number you used due to your original stop positioning, but NB mentions much higher values in his documents (something like 150 to 250), so thought I'd better check!

PB
  • #5,599
  • Mar 16, 2012 4:04am Mar 16, 2012 4:04am
[quote=Alorente;5482330]Good Morning. As promised, I will give you an easy way to confirm your Extreme TMA entries with the THV4 system.

Brevity is the soul of wit. Also a good teacher. Nice post.
?Thought wit would be short. lol.http://www.forexfactory.com/images/icons/icon12.gif

Fullpip
  • #5,600
  • Mar 16, 2012 4:05am Mar 16, 2012 4:05am
Quoting PeepCzar
What we currently need is .mq4 or .ex4 code, which is capable to automatically take snapshot once an entry or exit of a trade is made. I'd appreciate if someone knows and can point me to something like that.
It's probably easier to just right click the chart and select 'save as picture'. Then you can choose what size chart to capture etc.

PB
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