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Extreme TMA System

  • #5,921
  • Mar 19, 2012 11:37am Mar 19, 2012 11:37am
Quoting candletiger
EURGBP closed with +45 pips! (Initial expectation from TMA band was 19).
Fast trix was still green but I got hit by my traling stop of 10 pips that I set when reached half TMA band as per exit rule normal.

Al, would you have used a different method than the documented trailing SL in case there is such an overshoot on the other side of the band?




with using the M5 red Trix, you would have missed half of the rally around FPV.
I exited a little while ago at the Red Fast Trix. 48 pips.
Observation is the path to discovery.
  • #5,922
  • Mar 19, 2012 11:38am Mar 19, 2012 11:38am
Quoting hargiyo84
Hi Al, and others,.

Am I wrong?
please help me!!!
Change last input on the Trix, "Intro" to false.
Observation is the path to discovery.
  • #5,923
  • Mar 19, 2012 11:40am Mar 19, 2012 11:40am
Quoting Alorente
I exited a little while ago at the Red Fast Trix. 48 pips.
Nice trade, Al!

Did you exit on the M5? I ask because on my chart the M15 fast trix is still green...
  • #5,924
  • Mar 19, 2012 11:41am Mar 19, 2012 11:41am
Quoting Alpiberi
Yes hindsight is a wonderful thing
Isn't it? I agree, my comment on this was not really helpful.
The question is rather: Is it a good method to look at the fast trix also in lower TFs to make some prediction? I don't know. Maybe Al can enlighten us...
  • #5,925
  • Mar 19, 2012 11:41am Mar 19, 2012 11:41am
Quoting Alpiberi
Yes hindsight is a wonderful thing.
I am pleased with the 37 demo points, closed @ 0.83231
In a strong rally like we just had, you should always use Fast Trix color change or Heiken Ashi color change for exiting. They donīt care how long the rally lasts. They never fail.
Observation is the path to discovery.
  • #5,926
  • Mar 19, 2012 11:43am Mar 19, 2012 11:43am
Quoting Olarion1975
Nice trade, Al!

Did you exit on the M5? I ask because on my chart the M15 fast trix is still green...
No. Fast Trix changed to Red 20 minutes ago on M15.
Observation is the path to discovery.
  • #5,927
  • Mar 19, 2012 11:45am Mar 19, 2012 11:45am
Quoting Olarion1975
Nice trade, Al!

Did you exit on the M5? I ask because on my chart the M15 fast trix is still green...
Maybe you are looking at Slow Trix. Fast Trix is the thin line.
Observation is the path to discovery.
  • #5,928
  • Mar 19, 2012 11:48am Mar 19, 2012 11:48am
Time to look at the next trade. There are many great choices. EurUsd is at the H4 band. GbpUsd past the H4 band. UsdChf the same thing.
Observation is the path to discovery.
  • #5,929
  • Mar 19, 2012 11:50am Mar 19, 2012 11:50am
Quoting Alorente
Time to look at the next trade. There are many great choices. EurUsd is at the H4 band. GbpUsd past the H4 band. UsdChf the same thing.
UsdJpy also past the H4 band. I love volatility...

Another important point in times of high volatility. Look for the pairs that were the weakest during the last rally, like Aud Usd. Those will fall the hardest on the way back down.
Observation is the path to discovery.
  • #5,930
  • Mar 19, 2012 11:51am Mar 19, 2012 11:51am
Quoting Alorente
Change last input on the Trix, "Intro" to false.

thaks master,,.
I am correct now,.

I wish we have more pips today
  • #5,931
  • Mar 19, 2012 11:53am Mar 19, 2012 11:53am
Quoting Alorente
UsdJpy also past the H4 band. I love volatility...
Al, my USDJPY is inside the H4 band...my ATR multiplier is 3 because ATR(14) is 80, so > 70 = high atr pair...
  • #5,932
  • Mar 19, 2012 11:54am Mar 19, 2012 11:54am
Al, congratulations for your great work.

I had left a little the forum because my business, but I'm back here.

I spent the weekend reading the last +-50 pages and today I made ​​some good orders in eurjpy (+35), eurgbp (+42) and one bad in euraud (-20). Total (+57).

Now I'm short on XAUUSD.

Excelente Foro. Felicitaciones.
Enter Signature
  • #5,933
  • Mar 19, 2012 11:57am Mar 19, 2012 11:57am
Quoting Olarion1975
Al, my USDJPY is inside the H4 band...my ATR multiplier is 3 because ATR(14) is 80, so > 70 = high atr pair...
No. I have EurJpy as high atr also and it is past the H4 band. Here is the chart now.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.gif Size: 31 KB
Observation is the path to discovery.
  • #5,934
  • Mar 19, 2012 11:59am Mar 19, 2012 11:59am
Quoting maudur
Al, congratulations for your great work.

I had left a little the forum because my business, but I'm back here.

I spent the weekend reading the last +-50 pages and today I made ​​some good orders in eurjpy (+35), eurgbp (+42) and one bad in euraud (-20). Total (+57).

Now I'm short on XAUUSD.

Excelente Foro. Felicitaciones.
Hello Mauricio,

We have come a long way since you were last with us.
Observation is the path to discovery.
  • #5,935
  • Mar 19, 2012 12:00pm Mar 19, 2012 12:00pm
I'm uploading a basic template for the Alorente's People who is having a bad love story with the Trix.
I personally hate it because it sucks all my ram and slows down my brand new computer and updated software. Which in my case i think is due to a bad trix programming..my view..
Anyway attacched is my template with 15,1hr,4hr,day tma, slope, ma cross, and my favorite simple inde which indicates round numbers
Thanks to all
Today great trade with UJ and the tma
Best
Max
Attached File(s)
File Type: tpl mytma.tpl   12 KB | 436 downloads
File Type: ex4 Round Numbers Beige.ex4   3 KB | 387 downloads
File Type: mq4 Round Numbers Beige.mq4   4 KB | 417 downloads
  • #5,936
  • Mar 19, 2012 12:06pm Mar 19, 2012 12:06pm
Quoting dogdays
Here you go
thanks again.............
  • #5,937
  • Mar 19, 2012 12:08pm Mar 19, 2012 12:08pm
Tip: On a day like today where the market is volatile and there are so many great choices with our system, donīt pick one. Spread your money and take 4 or 5 pairs. There is nothing like diversification. You may pick one pair and that may be one that is affected by local news and may not move as much as the others.
Observation is the path to discovery.
  • #5,938
  • Mar 19, 2012 12:21pm Mar 19, 2012 12:21pm
Quoting Alorente
No. I have EurJpy as high atr also and it is past the H4 band. Here is the chart now.
Ahh, ok....you mean EurJpy...NOT UsdJpy...I agree totally!
  • #5,939
  • Mar 19, 2012 12:26pm Mar 19, 2012 12:26pm
MTF TMA:

Look at any of multiple pairs like EurJpy, UsdChf, GbpUsd, EurGbp. The H1 TMA has reached the top or is about to, colliding with the H4 TMA. Now that huge H1 ocean liner has to turn the opposite way for the round trip to the opposite H4 wall. What turns the H1 is Price. It will have to drop to the other H1 wall and pull it the other way relentlessly for it to turn. It may take 2 or 3 days, but it is taking it to the other H4 wall. Take advantage of those, especially the ones where the H4 TMA is moving sideways, since those have more pips to run. An example is GbpUsd below.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 29 KB
Observation is the path to discovery.
  • #5,940
  • Mar 19, 2012 12:33pm Mar 19, 2012 12:33pm
Quoting CaymanTrader
Common people, this guy is claiming to make 75 % monthly for his managed accounts, yet he's always changing his system rules. Never read so much BS in one single thread...
Hello Cayman Trader,

I viewed your 24 comments. Many of them are negative. One of your comments asks whether "Oanda treats accounts of only $50.00" fairly. Obviously you are a new trader, so I will not be too hard on you.

If you read this thread with a positive attitude, you will see that the rules are not for Alfredo. He could trade blank charts profitably. He is trying to explain things in a visual way that makes it easier for the rest of us to understand. The new indicators and changes are meant to teach in a progressive manner.

You are invited to join us if you are interested in constructive dialogue.

William
may you find what you seek and trade what you find
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