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  • #201
  • Mar 22, 2012 9:58am Mar 22, 2012 9:58am
I wonder how long this thread will last.

I believe it was initially started by the Op in good faith.

Now the Hounds have arrived I believe it shouldn't last too much longer. Shame really............
  • #202
  • Mar 22, 2012 10:17am Mar 22, 2012 10:17am
heres an idea for 90 % of the traders reading this post,and for the 90 % of traders following a system thread,


enlightenment


buddist monks get sent into the forests and jungles to find enlightenment.
they live of the basics of water and rice,simple fruits and edible greens,no companions no woman,no masturbation,nothing not even the smile of a woman.years spent in this enviroment ,meditating,they find there inner strenghts,understanding,piece within themselves and there world,discovery of themselves and were they fit within the whole structure.they are told to beware of false enlightlement.

whats false enlightlement, example...........................

when were 19 or 20 years we at college,may even drop out,spout about how bad the world is,grow our hair and spend months smoking skunk and dropping acid pills whilst listening to bob dillion.during that period doors within our selves open and we feel weve found the answers to all,lets all wear funny hats and share everything weve got,false enlightlement,a couple of acid tabs is exactly what people surender when they get hooked up with a system thread.

you have to enlighten your self before you can extract anything from anything.

heres my suggestion,

right down last months ochl ,last weeks ochl,daily ochl and then hourly ochl.dont look at a chart for the next six months and plot the prices within those price ranges,devise a simple breakout system .trade it live you will have a better chance of winning than a forever changing system thread.and above all you will become enlighened about price,from that piont you can move forward with charts and find the 4 other missing elements

regards
me
  • #203
  • Mar 22, 2012 10:25am Mar 22, 2012 10:25am
Quoting mister me
from that piont you can move forward with charts and find the 4 other missing elements

regards
me
4 missing elements?

And what would that be?
  • #204
  • Mar 22, 2012 10:27am Mar 22, 2012 10:27am
Quoting mister me
heres my suggestion,

right down last months ochl ,last weeks ochl,daily ochl and then hourly ochl.dont look at a chart for the next six months and plot the prices within those price ranges,devise a simple breakout system .trade it live you will have a better chance of winning than a forever changing system thread.and above all you will become enlighened about price,from that piont you can move forward with charts and find the 4 other missing elements
Isn't this the same as all other "hot" system threads? Offering us suggestions or telling us how to achieve enlightenment, assuming your way is the right way. How do we know what you say will work? Or not work? Has it worked for you before you make these suggestions and wanted others to do what you say? Have you achieved true enlightenment? Almost everyone of the "hot" system threads said they found it.
No longer trading forex. Looking for full time job.
  • #205
  • Mar 22, 2012 10:35am Mar 22, 2012 10:35am
Quoting mmaker
They also have very few losers, if any, since they practice "recovery strategies" with no stop loss.
The "recovery strategy" is Martingale trading. Letting losers run is gambling, not actual trading.

It can sometimes work with very small position sizes, until it stops working. The amount of winning trades someone has or increasing a $100 micro account by 30% is meaningless. All markets eventually stop ranging, and that's when the 100% win rate Martingale traders self destruct.

The Extreme TMA OP is promoting averaging down, which is one of the most dangerous things any trader can do. It's basic knowledge that most people learn in the beginning.

Here's a great video from a professional trader, who has made millions in the market, that illustrates this better than I ever could.

http://video.google.com/videoplay?do...77267078611049

Quoting stevewide
I believe the attached Excel reflects how Al uses Recovery. He enters, then reenters at 100 pips drawdown. At 200 pips drawdown he enters a double lot. Fourth entry at 300 pips drawdown he enters at 4 times initial lots size.
I'm not sure what your stake is in promoting this system, but it's clear you're a salesman and not merely a trader offering friendly advice on the forum.


Quoting NeoRio
Hey mmaker. Hello again. Whether you are Steve Mauro, or one of his affiliates, or a co-worker...I have some suggestions for your webinars/presentations. $5,100 is the highest price I have seen for any Forex course, or training/mentoreship, so I'd think you would want to put as strong a foot forward as possible and leave as little room for doubt as you can. When you try and get people to commit to that kind of a price tag for training, it's helpful to have more than students account statements (which everyone knows can easily be edited/tweaked with Photoshop).
  • #206
  • Mar 22, 2012 10:40am Mar 22, 2012 10:40am
Quoting mmaker
Isn't this the same as all other "hot" system threads? Offering us suggestions or telling us how to achieve enlightenment, assuming your way is the right way. How do we know what you say will work? Or not work? Has it worked for you before you make these suggestions and wanted others to do what you say? Have you achieved true enlightenment? Almost everyone of the "hot" system threads said they found it.
Your misunderstanding what im saying,im not sugesting theres some secret,what im saying is the majority of people follow system threads and loose years not really achieving anything apart from great knowledge on trading terms and indi descriptions,and miss the most vital first ingredient which is truly understanding price,so when they follow a system thread they havnt gained the core ingredient to firstly establish if the system has any merit and secondly what can i extract from it,theres so much great information scattered on these threads ,but most miss it because they dont understand the basic structure of price.

if you was to try my six month challenge ,you would be well on your way to sucsess ,the other elements would become so much more obvious,im really not trying to create some kind of mystique here,but you will be enlightened.

but no body will

regards
me
  • #207
  • Mar 22, 2012 10:49am Mar 22, 2012 10:49am
Quoting mister me
if you was to try my six month challenge ,you would be well on your way to sucsess ,the other elements would become so much more obvious,im really not trying to create some kind of mystique here,but you will be enlightened.

but no body will

regards
me
Believe me noone will take your challenge seriously so you are free to enlighten us with all the mistical elements. So which are those?
  • #208
  • Mar 22, 2012 10:53am Mar 22, 2012 10:53am
Quoting Fudomyo
Did you fall of a turnip truck?




http://www.forexfactory.com/showthre...08#post4266408 ....lol


My last word on this topic.

The OP of the Extreme TMA thread is a thief.

Taking someone else's code and replacing the copyright and URL information with their own is theft.

This is exactly what Alorente did to mladen. The 2 indicators attached on this post are identical.

http://www.forexfactory.com/showthread.php?t=346438

http://www.forexfactory.com/showthre...75#post5445875

http://www.forex-tsd.com/expert-advi...tml#post431703


The...
Ok I am farely upset with this post but as the developer I will try to respond as best I can.

First disclaimer I have read your posted links and I have never seen that Tma Slope code posted there before. I will say that it says "colored macd" at the top so I would imagine most of it is pulled from a different non TMA based template and the TMA code has no resemblance to anything I have used. I have read alot of mq4 code here over the years and I would say most of it seems to borrow the basic templating and utility functions from somewhere.

I will address the 2 files that you posted.

First the TmaTrendColorCenterLine code you posted. This was my idea to display the slope trend rules of the system in the center line of the TMA indicator. Not a really original idea I would say but still not influence by others work. I decided to add this to the original TMA code so as to make it as seamless as possible for someone to use this code. So you have to realize when referencing these 2 codebases that the code and properties for buffers 4-8 was coded into the original file by me.


Moving on it came to be used for MTF TMA analysis. Now the original mladen code supports this but it is a separate code you will have to scroll down for that part. If uses self referencing iCustom code that has serious performance issues and also was not working in the MT4 strategy tester. All of this code for Higher Timeframes was removed in the current version. Also the original current timeframe TMA code was replaced with CalcTma call. This call is based on code that I can only trace back to Zznbrm. But even that function needed changes and alot of testing to support both Higher Timeframe and correct behavior in Strategy Tester. All of this may all look similar but that is because it is based on the same mathematical formula of which no one involved has a copyright (that I am aware of).

So all this leaves in the ManageAlerts code which( I also modified heavily but left there so old users would not be put out) and the TimeFrame utility functions which I did totally rip off unmodified.

Hope this clarifies a bit since I am exhausted by this and have run out of things to say.
  • #209
  • Mar 22, 2012 11:00am Mar 22, 2012 11:00am
Quoting mister me
Your misunderstanding what im saying,im not sugesting theres some secret,what im saying is the majority of people follow system threads and loose years not really achieving anything apart from great knowledge on trading terms and indi descriptions,and miss the most vital first ingredient which is truly understanding price,so when they follow a system thread they havnt gained the core ingredient to firstly establish if the system has any merit and secondly what can i extract from it,theres so much great information scattered on these threads ,but...
I think you are making assumptions that are not really true, probably reflecting your own beliefs but not based on facts or evidences. How do you know the "majority" of the 169 members who visited the Extreme TMA System thread daily "miss the most vital first ingredient which is truly understanding price"? Or that "but most miss it because they dont understand the basic structure of price"? Did you do a survey for the 169 visitors to the thread to make this conclusion? Why not only the minority?

Has anyone else tried your 6 months challenge and became enlightened? Do you have data or hard evidence to know that following your steps "you will be enlightened"? I'm curious.
No longer trading forex. Looking for full time job.
  • #210
  • Mar 22, 2012 11:04am Mar 22, 2012 11:04am
Quoting Fudomyo
I'm not sure what your stake is in promoting this system, but it's clear you're a salesman and not merely a trader offering friendly advice on the forum.
NeoRio was funneling viewers to his Skype group and eventually to his own forum services, and we had some exchanges there. He made assumptions about me that were not true, trying to create confusions to have that thread closed or deleted. Which he finally achieved. He is now a Commercial Member offering his website and YouTube channel.
No longer trading forex. Looking for full time job.
  • #211
  • Mar 22, 2012 11:18am Mar 22, 2012 11:18am
Quoting bluesteele
Shit people are stupid...
While this is true in general i think you are not really qualified to make this statement.
  • #212
  • Edited 11:51am Mar 22, 2012 11:33am | Edited 11:51am
Good News! Al just declared to 149 current viewers that his Extreme TMA System has been perfected!
Quoting Alorente
It has been perfected and has also been discussed thoroughly during the past week. I recommend that you read those posts because it would be a lengthy enterprise to repeat everything that has been said regarding THV, Trix, Coral, Breathing System, etc.
No longer trading forex. Looking for full time job.
  • #213
  • Mar 22, 2012 11:35am Mar 22, 2012 11:35am
Quoting mmaker
Good News! Al just declared that his Exteme TMA System has been perfected!
[color=Black]
Huh i almost fell of my chair! Thats very good news indeed! Now you cant make a single loss with that system. Lets all be billionares in few years. With 75% per month thats a piece of cake, RIGHT?
  • #214
  • Mar 22, 2012 11:48am Mar 22, 2012 11:48am
Quoting mmaker
Good News! Al just declared to 149 current viewers that his Exteme TMA System has been perfected!

What a crock. Any system that uses any type of "recovery" will fail in the end. Why don't you people just send your $ straight to me and avoid the pain of thinking you have the "perfect" system.
Mark ... Everything you have been told is a LIE
  • #215
  • Edited 1:31pm Mar 22, 2012 12:18pm | Edited 1:31pm
I have reworked plenty of code myself. It's standard practice to leave the initial creator's copyright information in place and add revision notes below it. It's different if you or I use smaller pieces of code in an original creation, then we would have our information in the copyright space, and would expect other people respect the work we've done.

There is a big difference between invention and innovation. Any innovations you have made in terms of buffer handling are besides the point.

Since I was involved when mladen originally worked on the TMA colored center line indicator 2 years ago, I know the timing and origination of the center line rule, which was long before the creation of the Extreme TMA indicator. I have found no other indicator pre-dating mladen's, so in good faith give him credit for it's creation. It's completely disingenuous for someone to claim it's the copyright of the Extreme TMA system and put a copyright link to the TMA system thread.

On a more important point, the OP of the Extreme TMA system should have credited the person who developed the Extreme TMA system instead of claiming it was his creation. CanuckCT was involved as well at TSD during the TMA development and created the HA/TMA trading system back in 2010.

Here - http://www.forexfactory.com/showthre...93#post4177893

Quoting Paradox
Ok I am farely upset with this post but as the developer I will try to respond as best I can.

First disclaimer I have read your posted links and I have never seen that Tma Slope code posted there before. I will say that it says "colored macd" at the top so I would imagine most of it is pulled from a different non TMA based template and the TMA code has no resemblance to anything I have used. I have read alot of mq4 code here over the years and I would say most of it seems to borrow the basic templating and utility functions from somewhere.

I...
  • #216
  • Mar 22, 2012 1:33pm Mar 22, 2012 1:33pm
Quoting Fudomyo
I have reworked plenty of code myself. What's standard practice (and common courtesy) is to leave the initial creator's copyright information in place and add revision notes below it. It's different if you or I use pieces of code in an original creation, then we would have our information in the copyright space, and would hope other people respect the work we've done.
I feel it falls into this second line quite clearly. There is none of the original TMA code in this file. Can you explain to me why you disagree.


Quoting Fudomyo
Since I was involved when mladen originally worked on the TMA colored center line indicator 2 years ago, I know the timing and origination of the center line rule, which was long before the creation of the Extreme TMA indicator. I have found no other indicator pre-dating mladen's so in good faith have to give him credit for it's creation. It's completely disingenuous for someone to claim it's the copyright of the Extreme TMA system and put a copyright link to the TMA system thread.
Can you point me to this code. I have not seen any colored centerline in any of the code or pics I have seen. Here is the discussion that led to me posting my original modifications to mladen's code I did not change the copyright at this point. But on second revision at which point there was 0% of any of the original TMA code left in the file I thought it was prudent to change it just for informational reasons if nothing else.

http://www.forexfactory.com/showthre...75#post5441175
http://www.forexfactory.com/showthre...92#post5441392
http://www.forexfactory.com/showthre...10#post5441410
http://www.forexfactory.com/showthre...10#post5441510


Quoting Fudomyo
On a more important point, the OP of the Extreme TMA system should have credited the person who developed the Extreme TMA system instead of claiming it was his creation. CanuckCT was involved as well at TSD during the TMA development and created the HA/TMA trading system back in 2010.

http://www.forexfactory.com/showthre...93#post4177893
I don't think anyone (certainly not me) has claimed anything presented is original. Or even that any TMA based rules have any statistical significance which they don't. I am confused though because that picture you posted has not colored centerline. There is no code attached there. And really it doesn't look like the TMA indicator at all. The bands are not symetric.
  • #217
  • Edited 2:22pm Mar 22, 2012 1:42pm | Edited 2:22pm
Quoting Paradox
There is no code attached there. And really it doesn't look like the TMA indicator at all. The bands are not symetric..
http://www.forexfactory.com/showthre...95#post4177995

Quoting Paradox
I have not seen any colored centerline in any of the code or pics I have seen. Here is the discussion that led to me posting my original modifications to mladen's code I did not change the copyright at this point.
Bullshit. The Extreme TMA OP posted mladen's color centerline indicator himself. End of discussion.

Quoting Alorente
I would like to get your opinion on whether you like it better than the normal one. The main difference is that the centerline is colored White while the TMASlope value is in the Range Zone. Colored Green when the Slope value is above 0.50 and colored Red when it is below -0.50

I like it a lot. It gives a quick indication of what the trend is at the moment. Let me know what you think.
  • #218
  • Mar 22, 2012 2:22pm Mar 22, 2012 2:22pm
Quoting Fudomyo
Bullshit. The Extreme TMA OP posted mladen's color centerline indicator himself. End of discussion.
We can certainly end this discussion if you would like. But as I have said the colored centerline code you and Alorente posted with mladen's name in it was written by me, without any reference to other code. I only used others interpretation of using the TMA slope value as a trend determinate. I was there for the entire discussion of using the slope and it took a while to even get everyone using a normalized interpretation of that value (which in my opinion of the only way it could have any meaning). During all that back and forth there was never any reference to any original correct way of doing this. Are we even comparing Apples to Apples here? Or is it that you just straight up don't believe me which is fine as well.
  • #219
  • Mar 22, 2012 2:39pm Mar 22, 2012 2:39pm
Quoting N11
While this is true in general i think you are not really qualified to make this statement.

A big round of applause for you...

Obviously your not an enlightened one !

Cheers !
Master your Mind,,,Master the Market
  • #220
  • Edited 3:50pm Mar 22, 2012 3:35pm | Edited 3:50pm
I went back through my files and I was wrong.

mladen didn't apply the multicolor trend slope function to the TMA.

Because it's been applied to many other indicators, when Alorente posted the indicator with mladen's name on it, I incorrectly assumed the color trend slope was part of his original coding.

It honestly didn't occur to me until you wrote this post that the code for the color values was new. I haven't looked at the TMA in a couple of years, so I should have checked my files first.

Quoting Paradox
We can certainly end this discussion if you would like. But as I have said the colored centerline code you and Alorente posted with mladen's name in it was written by me, without any reference to other code. I only used others interpretation of using the TMA slope value as a trend determinate. I was there for the entire discussion of using the slope and it took a while to even get everyone using a normalized interpretation of that value (which in my opinion of the only way it could have any meaning). During all that back and forth there was never...
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