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Extreme TMA System

  • #7,781
  • Mar 30, 2012 2:27pm Mar 30, 2012 2:27pm
Hi Al,

As we know there are two kinds of "extreme tma system" templates, the "high atr" and the "low atr". I read in the past postings that for example, AUDUSD, EURJPY, EURUSD, GBPUSD, USDJPY are the high atr, and EURGBP, USDCHF, USDCAD are the low atr (please correct me if I am wrong). Sadly though, there was no explanation how to apply a particular template to a pair. For example, NZDUSD, is it high- or low atr?

Would you be able to explain the usage of those templates?

Thanks a lot and have a nice and enjoyable weekend...

Cheers,
RD
To excel by continuous learning
  • #7,782
  • Mar 30, 2012 2:31pm Mar 30, 2012 2:31pm
Quoting Alorente
Yes.
Tkx a lot for the responses. one last thing when u trade the 5/1 min TFs do you TP when price htis opposite band or is your Tp in terms of pips says 15 pips or jsut when you see price stalling you exit(like you do with 15 tf)?
  • #7,783
  • Mar 30, 2012 2:34pm Mar 30, 2012 2:34pm
Quoting Xabier
Hello teacher like me if he could explain whether operations of 15 m if we get into buying the slope I at least never lame +5 and green and if we have a divergence trix is better? thanks and best regards Xavier
No te entiendo, Xavi. En Espaņol, por favor.
Observation is the path to discovery.
  • #7,784
  • Mar 30, 2012 2:36pm Mar 30, 2012 2:36pm
Quoting traveliron
That kind of commitment, sticking with a discipline, even though in the back of your mind you're sure it is far from optimal, benefits us all with absolutely priceless knowledge. I know its only one week but it must of felt like torture. It is only through these trials that we truly discover the road to pursue.

I for one really do appreciate that.

M15 it is then. I too am looking forward to next week.
Yes. It sure feels like torture and cost me a lot of pips/money too...

It is important to know this, though and without trying it you canīt really find out.
Observation is the path to discovery.
  • #7,785
  • Mar 30, 2012 2:38pm Mar 30, 2012 2:38pm
Quoting PeepCzar
Hi Al,

As we know there are two kinds of "extreme tma system" templates, the "high atr" and the "low atr". I read in the past postings that for example, AUDUSD, EURJPY, EURUSD, GBPUSD, USDJPY are the high atr, and EURGBP, USDCHF, USDCAD are the low atr (please correct me if I am wrong). Sadly though, there was no explanation how to apply a particular template to a pair. For example, NZDUSD, is it high- or low atr?

Would you be able to explain the usage of those templates?

Thanks a lot and have a nice and enjoyable weekend...

Cheers,
RD...
Hello Peep,

I think Alredo determines High/Low ATR as a simple cutoff at 70. ATR above 70 = High ATR, ATR below 70 = Low ATR.

I hope that helps.

William
may you find what you seek and trade what you find
  • #7,786
  • Mar 30, 2012 2:39pm Mar 30, 2012 2:39pm
Quoting PeepCzar
Hi Al,

As we know there are two kinds of "extreme tma system" templates, the "high atr" and the "low atr". I read in the past postings that for example, AUDUSD, EURJPY, EURUSD, GBPUSD, USDJPY are the high atr, and EURGBP, USDCHF, USDCAD are the low atr (please correct me if I am wrong). Sadly though, there was no explanation how to apply a particular template to a pair. For example, NZDUSD, is it high- or low atr?

Would you be able to explain the usage of those templates?

Thanks a lot and have a nice and enjoyable weekend...

Cheers,
RD...
I have explained it countless times, including twice today. Above 70 ATR, use high ATR templates, Below 70 ATR, use Low ATR templates. The ATR value is shown on the ExtremeTMAInfo indi.
Observation is the path to discovery.
  • #7,787
  • Mar 30, 2012 2:44pm Mar 30, 2012 2:44pm
Quoting grechmar
Tkx a lot for the responses. one last thing when u trade the 5/1 min TFs do you TP when price htis opposite band or is your Tp in terms of pips says 15 pips or jsut when you see price stalling you exit(like you do with 15 tf)?
M5 I usually exit at center line of M5 TMA or before if it stalls. I just go for 10 to 20 pips. In M5, he who hesitates, dies. Think of it as an Old West gunfight. If in doubt, get out. Even for 2 or 3 seconds. You can always get in again later. In M5, you cannot take losses. Take 2 or 3 pips if you have to, but no losses. I have a tactic that works very well for me. If price goes against me by 5 pips, my target becomes 2 or 3 pips profit and I get out. Remember that I donīt use a stop loss, so quickness is paramount.
Observation is the path to discovery.
  • #7,788
  • Mar 30, 2012 2:52pm Mar 30, 2012 2:52pm
Quoting Alorente
M5 I usually exit at center line of M5 TMA or before if it stalls. I just go for 10 to 20 pips. In M5, he who hesitates, dies. Think of it as an Old West gunfight. If in doubt, get out. Even for 2 or 3 seconds. You can always get in again later. In M5, you cannot take losses. Take 2 or 3 pips if you have to, but no losses. I have a tactic that works very well for me. If price goes against me by 5 pips, my target becomes 2 or 3 pips profit and I get out. Remember that I donīt use a stop loss, so quickness is paramount.
Oh man, that likes live in a war zone.
Follow me to the Promised Land
  • #7,789
  • Mar 30, 2012 2:56pm Mar 30, 2012 2:56pm
I too do not use stop loss, brokers give a candle and warrants with use stop loss at a loss! To the broker it is not favourable, if traders successful transactions! Do not trust, read, the book, notes of the exchange speculator, very interesting book, is on the Internet!!
  • #7,790
  • Mar 30, 2012 2:56pm Mar 30, 2012 2:56pm
Quoting Alorente
M5 I usually exit at center line of M5 TMA or before if it stalls. I just go for 10 to 20 pips. In M5, he who hesitates, dies. Think of it as an Old West gunfight. If in doubt, get out. Even for 2 or 3 seconds. You can always get in again later. In M5, you cannot take losses. Take 2 or 3 pips if you have to, but no losses. I have a tactic that works very well for me. If price goes against me by 5 pips, my target becomes 2 or 3 pips profit and I get out. Remember that I donīt use a stop loss, so quickness is paramount.
2 other critical factors in M5. Remember first of all what your aim is: 10 to 20 pips. Donīt be tempted to land the big winner in M5.

1- Since you are looking for 10 to 20 pips, enter only after a move in the opposite direction of a 20 to 40 pips or more when fast Trix turns your color for a second (See Rule 2 below). From the moment you enter, your Close Order window is open, the pointer of the mouse is on the close button and your finger is ready.

2- Almost every move in M5 tests the bottom at least once. Never enter on the first reversal. Enter after the 1st test, when the Fast Trix turns your color again. Thatīs how I got 33 wins in a row the other day when I traded real time on the thread and thatīs what I do every time I trade M5. It is tense and tiring, but if you get really good at what I just explained and you stay cool throughout, 5% to 10% in a day is a normal return. After that, a cold beer and a good nightīs sleep, after you take care of the wife, of course...
Observation is the path to discovery.
  • #7,791
  • Mar 30, 2012 3:00pm Mar 30, 2012 3:00pm
Quoting Alorente
2 other critical factors in M5. Remember first of all what your aim is: 10 to 20 pips. Donīt be tempted to land the big winner in M5.

1- Since you are looking for 10 to 20 pips, enter only after a move in the opposite direction of a 20 to 40 pips or more when fast Trix turns your color for a second. From the moment you enter, your Close Order window is open, the pointer of the mouse is on the close button and your finger is ready.

2- Almost every move in M5 tests the bottom at least once. Never enter on the first reversal. Enter after...
LOL
Follow me to the Promised Land
  • #7,792
  • Mar 30, 2012 3:00pm Mar 30, 2012 3:00pm
Quoting Alorente
2 other critical factors in M5. Remember first of all what your aim is: 10 to 20 pips. Donīt be tempted to land the big winner in M5.

1- Since you are looking for 10 to 20 pips, enter only after a move in the opposite direction of a 20 to 40 pips or more when fast Trix turns your color for a second. From the moment you enter, your Close Order window is open, the pointer of the mouse is on the close button and your finger is ready.

2- Almost every move in M5 tests the bottom at least once. Never enter on the first reversal. Enter after the...

The teacher, is better to drink Russian vodka, but it is a little!!!At me at first sex with the wife, then vodka, but is a little!!!
  • #7,793
  • Mar 30, 2012 3:06pm Mar 30, 2012 3:06pm
Quoting Nazif
The teacher, is better to drink Russian vodka, but it is a little!!!At me at first sex with the wife, then vodka, but is a little!!!
Sex and Vodka BEFORE trading? That would be a bit too relaxed for me...
Observation is the path to discovery.
  • #7,794
  • Mar 30, 2012 3:09pm Mar 30, 2012 3:09pm
Quoting xlitang
Oh man, that likes live in a war zone.
Yes. You have to feel like you are about to leave your bunker and run to battle. That is exactly the feeling.
Observation is the path to discovery.
  • #7,795
  • Mar 30, 2012 3:10pm Mar 30, 2012 3:10pm
Quoting Alorente
Sex and Vodka BEFORE trading? That would be a bit too relaxed for me...
After trade!!!! Beer reduces man's force and vodka, the man is stronger sex!!!
  • #7,796
  • Mar 30, 2012 3:31pm Mar 30, 2012 3:31pm
Quoting dorellino
Actually I did not see it because on the ExtremeTMALine indi there is not such a parameter, I will use the one you showed me. Thanks again
M
Yes I see what you mean. Sorry it should only alert once per bar.
Attached File(s)
File Type: mq4 ExtremeTmaLine.mq4   7 KB | 489 downloads
  • #7,797
  • Mar 30, 2012 3:33pm Mar 30, 2012 3:33pm
time to close all the opes.

http://i39.tinypic.com/124bt4j.jpg

gracias a todos!

+164 pips.
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #7,798
  • Mar 30, 2012 3:34pm Mar 30, 2012 3:34pm
Quoting Alorente
2 other critical factors in M5. Remember first of all what your aim is: 10 to 20 pips. Donīt be tempted to land the big winner in M5.

1- Since you are looking for 10 to 20 pips, enter only after a move in the opposite direction of a 20 to 40 pips or more when fast Trix turns your color for a second (See Rule 2 below). From the moment you enter, your Close Order window is open, the pointer of the mouse is on the close button and your finger is ready.

2- Almost every move in M5 tests the bottom at least once. Never enter on the first reversal....
Here is a picture of what I just explained:

Remember, practice makes perfect.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd m5.jpg Size: 125 KB
Observation is the path to discovery.
  • #7,799
  • Mar 30, 2012 3:36pm Mar 30, 2012 3:36pm
Quoting Alorente
Sex and Vodka BEFORE trading? That would be a bit too relaxed for me...

That's why I love this thread :-). I have learned alot and from people that are genuine & real.

To all Have a relaxing and enjoyable weekend

Robert
  • #7,800
  • Mar 30, 2012 3:36pm Mar 30, 2012 3:36pm
Quoting Alorente
Iīm short GU on H4. Been short all week waiting for the other band and so far not happening.
Your short GU on H4 like my short EU are clearly counter trend trades, this is the reason why i go out when price has touched the coral line, i think that TMA system can work on H4 with more focus on coral line and 200 sma as exit and entry point.
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