Extreme TMA System | Page 298 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Hennis Extreme TMA System 105 replies

TMA Reality Tour 116 replies

Happs with TMA Trading Journal 25 replies

MTF TMA 287 replies

SnakeForce - simple TMA with alert? 3 replies

Attachments: Extreme TMA System
Exit Attachments

Extreme TMA System

  • #5,941
  • Mar 19, 2012 12:41pm Mar 19, 2012 12:41pm
Quoting dogdays
Hi Squaretrader

Could you please tell me how to use/install Range Gen.

Thanks for the help

You have to install the indicator in the export folder, not the indi. And once this is done, you need offline chart. There are several post and thread right here on FF how to run offline charts, I suggest you look em up! these guy will explain a lot better than I can! it's simple and worth it!
  • #5,942
  • Mar 19, 2012 12:42pm Mar 19, 2012 12:42pm
Quoting faxxion
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....
Well said, William.
  • #5,943
  • Mar 19, 2012 1:32pm Mar 19, 2012 1:32pm
Quoting faxxion
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...
William, don´t worry about this guy!
It is very easy to criticize a project and do not propose anything. Negative criticism and unfounded don´t lead anywhere. Please, Cayman Trader, if you do not have something positive to add, be quiet. Do not say anything!
If I Change, the whole World changes!
  • #5,944
  • Mar 19, 2012 1:38pm Mar 19, 2012 1:38pm
looking at EURUSD (for sell) and USDCHF (for buy).
Both setups look fine to me, besides the TMA slope is still too high / too low. It needs discipline to wait .

Would or has anybody already entered? (and if so, why?)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: mon_a.jpg Size: 202 KB
Click to Enlarge Name: mon_b.jpg Size: 202 KB
  • #5,945
  • Mar 19, 2012 1:41pm Mar 19, 2012 1:41pm
Quoting candletiger
looking at EURUSD (for sell) and USDCHF (for buy).
Both setups look fine to me, besides the TMA slope is still too high / too low. It needs discipline to wait .

Would or has anybody already entered? (and if so, why?)
Im with candle. Sel E/U from 1.3244
  • #5,946
  • Mar 19, 2012 1:43pm Mar 19, 2012 1:43pm
Quoting candletiger
looking at EURUSD (for sell) and USDCHF (for buy).
Both setups look fine to me, besides the TMA slope is still too high / too low. It needs discipline to wait .

Would or has anybody already entered? (and if so, why?)
And trix are in green (for sell entries) in long time frame.
I prefer wait for now to my time frame.
  • #5,947
  • Mar 19, 2012 1:45pm Mar 19, 2012 1:45pm
wow on GBP H1 chart the H1 band is way thru the H4 and looks like it might keep on going.
  • #5,948
  • Mar 19, 2012 1:50pm Mar 19, 2012 1:50pm
Quoting candletiger
looking at EURUSD (for sell) and USDCHF (for buy).
Both setups look fine to me, besides the TMA slope is still too high / too low. It needs discipline to wait .

Would or has anybody already entered? (and if so, why?)
I entered GbpUsd on a H4 trade. I´m trading all 3 now: M15, H1 and H4 and setting opposite band target prices to not get them confused. I also want to get into the habit of waiting for an opposite band exit. The scalper side of me makes me exit too soon many times. I want to correct that.

Of course, on higher time frames, I use Cave Manager with trailing stops, etc. for nighttime open trades. Higher TFs are not as profitable as 5M but I do get a life in exchange and not have to be at the computer all day.
Observation is the path to discovery.
  • #5,949
  • Mar 19, 2012 1:51pm Mar 19, 2012 1:51pm
sorry my mistake - I had wrong setting.
  • #5,950
  • Mar 19, 2012 1:51pm Mar 19, 2012 1:51pm
Dear Al :

As your comments, there are many pair that we can choose now,
wait for its reversal, I am curious why the AUDUSD is the weakest at previous rally, it will fall the hardest at in the future ??

Actually, now We can see , AUDUSD is move to south side, is it based on technical view ? or fundemental view ? another pair, like CADUSD keep sitting at hometown ??

cheers,

SCOTT
  • #5,951
  • Mar 19, 2012 2:01pm Mar 19, 2012 2:01pm
Quoting scott-ibm
Dear Al :

As your comments, there are many pair that we can choose now,
wait for its reversal, I am curious why the AUDUSD is the weakest at previous rally, it will fall the hardest at in the future ??

Actually, now We can see , AUDUSD is move to south side, is it based on technical view ? or fundemental view ? another pair, like CADUSD keep sitting at hometown ??

cheers,

SCOTT
All Usd pairs in theory should move simultaneously, However, most other Usd pairs already made it to their H4 band, while AudUsd did not have the strength to reach it. It barely reached the H1 band. This indicates weakness as compared to others, so when Usd begins rising again, the weakest will be the ones that will drop the most relative to the others.
Observation is the path to discovery.
  • #5,952
  • Mar 19, 2012 2:04pm Mar 19, 2012 2:04pm
Quoting handy148
wow on GBP H1 chart the H1 band is way thru the H4 and looks like it might keep on going.
This was exactly what happened to UsdChf last week. The H1 was way over the H4. It looked like it was running away, but the bands, as if they were rubber bands rejected price and you can see what happened to it in a few days. I rode that one to the H1 bottom band. I did not have the patience to hold to the H4 bottom band and in hindsight, I should have.
Observation is the path to discovery.
  • #5,953
  • Mar 19, 2012 2:08pm Mar 19, 2012 2:08pm
Quoting Alorente
I entered GbpUsd on a H4 trade. I´m trading all 3 now: M15, H1 and H4 and setting opposite band target prices to not get them confused. I also want to get into the habit of waiting for an opposite band exit. The scalper side of me makes me exit too soon many times. I want to correct that.

Of course, on higher time frames, I use Cave Manager with trailing stops, etc. for nighttime open trades. Higher TFs are not as profitable as 5M but I do get a life in exchange and not have to be at the computer all day.
Hi Al,
about GpbUsd h4 trade, we should not wait for the HA candle color changes?

thank you
Sabrina
  • #5,954
  • Mar 19, 2012 2:12pm Mar 19, 2012 2:12pm
Will gbpjpy go down or not?

L.
  • #5,955
  • Mar 19, 2012 2:12pm Mar 19, 2012 2:12pm
Al,

I know you in a past post said the High ATR tpl is for AU, EJ, EU, GU, UJ and low ATR is for EG, UCH, UC.

How you determine which tpl use for a pair? For example for XAUUSD? With the ATR (14)> 70 or <70?

Thank you.

Muchas gracias y muchos éxitos!!!
Enter Signature
  • #5,956
  • Edited 2:44pm Mar 19, 2012 2:13pm | Edited 2:44pm
Quoting Alorente
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...
Al, I'm sure you're right about H1/H4 and when I look at GBPUSD H1's TMA and H4's TMA I see exactly what you see. But when I look at GBPUSD D1's TMA, W1's TMA and even MN's TMA I can see that right now price goes from the lower band to the upper band.

So, the question is: are we sure that the price on H4's TMA would go down first (before going up again) if on D1's TMA it is supposed to go up? Where do we stop (H4 or D1)? Is it enough to just look at H1 and H4?

Al, MTF TMA is VERY new to me, so maybe it is a stupid question.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #5,957
  • Mar 19, 2012 2:31pm Mar 19, 2012 2:31pm
Many Trix divergences on the AudUsd Daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.jpg Size: 148 KB
Observation is the path to discovery.
  • #5,958
  • Mar 19, 2012 2:36pm Mar 19, 2012 2:36pm
Quoting sabrys5769
Hi Al,
about GpbUsd h4 trade, we should not wait for the HA candle color changes?

thank you
Sabrina
You can wait, but price being so far outside the H4 band and hitting against the R2 I decided not to wait. In H4 you can lose many pips waiting for color change and I did wait for color change on the M15.
Observation is the path to discovery.
  • #5,959
  • Mar 19, 2012 2:38pm Mar 19, 2012 2:38pm
Quoting maudur
Al,

I know you in a past post said the High ATR tpl is for AU, EJ, EU, GU, UJ and low ATR is for EG, UCH, UC.

How you determine which tpl use for a pair? For example for XAUUSD? With the ATR (14)> 70 or <70?

Thank you.

Muchas gracias y muchos éxitos!!!
Yes. That´s the way I do it. UsdChf is high ATR also.
Observation is the path to discovery.
  • #5,960
  • Mar 19, 2012 2:40pm Mar 19, 2012 2:40pm
Quoting jaau
Will gbpjpy go down or not?

L.
I don´t follow "The Beast".
Observation is the path to discovery.
7 traders viewing now