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Extreme TMA System

Quoting Alorente
I have detailed this in several posts, but here it goes again:

I use 50:1 leverage with a maximum of 50% of the account invested at any given time. 6% maximum per position or roughly 8 positions maximum at a time if I am not in recovery. Each Recovery counts as an additional position. My best returns are obtained using 5M charts and trading 12 hours a day for a 230 pip average per day. My average winners are 92% with 30 to 40 trades per day and 10 to 20 pips. This is very tiring though and I...
Thank you, Al.
About your example, maybe I'm missing something, but it seems to me that it is not following your rules, just above described.
In the example your traded 1 lot per position (10 times the demo account) you had 2 or 3 position opened at the same time (20 to 30 times the demo account).
This values are not even close to " 6% maximum per position" nor to a "maximum 50% of the account invested".
Thanks in advance for your help.
Max
Very good efforts and many thanks to the contributors. The good thing about this system is that some of the indicators can even be used solely on their own. I use only pivot lines for entering trades but I can now use other indicators to confirm my entries or stay away.

Once again thanks to all the contributors.
Quoting handy148
Al - looking at your M5 chart there doesn't appear to be any TMA lines at all - do you completely disregard those for your scalping method, preferring to use Trix instead ??
I was describing a different scalping method that has nothing to do with Extreme TMA system.
Observation is the path to discovery.
Quoting chaveznqoos
Hola Alfredo;

With this strategy in 5 minutes, the recovery is also at -100 pips ?.

Un saludo
Yes, but this is a fast system. No drawdown is permitted to happen. I donīt recommend this system unless you have several years of experience in 5M trading.
Observation is the path to discovery.
Quoting dorellino
Thank you, Al.
About your example, maybe I'm missing something, but it seems to me that it is not following your rules, just above described.
In the example your traded 1 lot per position (10 times the demo account) you had 2 or 3 position opened at the same time (20 to 30 times the demo account).
This values are not even close to " 6% maximum per position" nor to a "maximum 50% of the account invested".
Thanks in advance for your help.
Max
I donīt know what you mean by the demo account. I was trading that day a 10,000 account with one lot per position to keep it simple to understand and 2 to 3 positions per account which is 4,000 to 6,000 margin average which is 40 to 60% of the 10,000 margin availability. What I mean by 50% of the account invested is 50% of margin available. I did not get into mini lots for simplicity. I was not limiting my position to 6% that day. I use the 6% limit on the normal Extreme TMA system, not in scalping, where my trades are only a few minutes long.
Observation is the path to discovery.
Al,

Were you talking about this page with regards to the method of the 5M scalp? or was there a more detailed description in a different post I missed ?

http://www.forexfactory.com/showthre...43533&page=520


If you have a tpl you could share that would be much appreciated.

TIA
Lionsden




Quoting Alorente
I was describing a different scalping method that has nothing to do with Extreme TMA system.
Quoting Alorente
I donīt know what you mean by the demo account. I was trading that day a 10,000 account with one lot per position to keep it simple to understand and 2 to 3 positions per account which is 4,000 to 6,000 margin average which is 40 to 60% of the 10,000 margin availability. What I mean by 50% of the account invested is 50% of margin available. I did not get into mini lots for simplicity. I was not limiting my position to 6% that day. I use the 6% limit on the normal Extreme TMA system, not in scalping, where my trades are only a few minutes long.
Sorry Al, my fault I just though you were using a 10k demo account, and I don't know why I did it!! forget about it, please.
Ok then.
Maybe, in order to keep things clean and stopping me and other to drive you crazy with the same questions ;-) we should place some of this details on page 1?
Something like:
For reference about Extreme TMA System Money management and Risk Control please read the following example with an ideal 10 k account
Account 10k
Leverage 1:50 : it means that max 5 lots (500k) can be opened at the same time.
Many brokers offer higher leverage, 1:50 is already very high and not to be used entirely. We suggest beginers to ask their broker to limit their leverage to 1:20, in order not to get tempted to open big suicidal positions!
Typical 15min TMA position: 30k (6% of margin with a 1:50 leverage)
Typical 5 min scalping TMA position: 100k (20% of margin with 1:50 leverage) HIGLY RISKY, PLEASE DO IT ONLY IF YOU HAVE YEARS OF EXPERIENCE OTHERWISE YOU WILL LOSE ALL


Thank you Al
Max
hey al,

gonna test 30 min tma this week within your multi time frame template...it looks beautiful with some trix support. 1 an 4hr too long, 15 min gives me a liitle stress
Quoting willismd
hey al,

gonna test 30 min tma this week within your multi time frame template...it looks beautiful with some trix support. 1 an 4hr too long, 15 min gives me a liitle stress
Better H1 H4, more exact signal!!!
Quoting lionsden
Al,

Were you talking about this page with regards to the method of the 5M scalp? or was there a more detailed description in a different post I missed ?

http://www.forexfactory.com/showthre...43533&page=520


If you have a tpl you could share that would be much appreciated.

TIA
Lionsden
Yes. That is the correct page.

The normal Large template is OK for this changed to 5M.
Observation is the path to discovery.
Quoting willismd
hey al,

gonna test 30 min tma this week within your multi time frame template...it looks beautiful with some trix support. 1 an 4hr too long, 15 min gives me a liitle stress
Try H1. It will be ideal for you.
Observation is the path to discovery.
The new Packet file is available for download on Post 1, Page 1. It contains Version 29 of Carlīs Dashboard which includes a Fast Trix and Trix Divergence conditions. It is the best and most complete Dashboard yet. You will get less signals with it, but more reliable ones. Also in the packet are Paradoxīs latest versions of the ExtremeTMAInfo and ExtremeTMA Line indicators as well as all the updated templates.

Note: It is very important that the Trix4Kids indicator is located in your Experts/Indicators folder or the Dashboard will not work.
Observation is the path to discovery.
Gracias AL por todo su esfuerzo creo que esto sobre el trix puede ser muy rentable de cara a operar con tma extreme.Por otro lado me podia explicar la diferencia entre tma y tma true aparte de que la que usamos repinta algo ,cual es mas beneficiosa para la operativa AL extreme . un saludo Xabier
otro espaņol mas....xDD
MY telegram channel: https://t.me/https://t.me/tnavieurusd
Ilargia Return This Year: 67.8%
Quoting Alorente
The new Packet file is available for download on Post 1, Page 1. It contains Version 29 of Carlīs Dashboard which includes a Fast Trix and Trix Divergence conditions. It is the best and most complete Dashboard yet. You will get less signals with it, but more reliable ones. Also in the packet are Paradoxīs latest versions of the ExtremeTMAInfo and ExtremeTMA Line indicators as well as all the updated templates.

Note: It is very important that the Trix4Kids indicator is located in your Experts/Indicators folder or the Dashboard will not work.
...

I would first thank you for sharing this trading system with us.
I just downloaded the new package on page one with the Trix4Kids and put it where you recommended but the dashboard is not working.

I would also like to know how to have the indicator with the "spikes" on my chart as on some of the chart i saw in this thread. I don't get it with your templates i downloaded .

thanks in advance.
Quoting douanla
I would first thank you for sharing this trading system with us.
I just downloaded the new package on page one with the Trix4Kids and put it where you recommended but the dashboard is not working.

I would also like to know how to have the indicator with the "spikes" on my chart as on some of the chart i saw in this thread. I don't get it with your templates i downloaded .

thanks in advance.
Hi Douania,

I can tell that you have not read much of the thread, because you would already know all about the spike indicator if you had. So if you want to skip over a LOT of VALUABLE information, at least try using the search function. Just search for "spike" and read all about it.

DrDave
To free Gazans of Hamas, use whatever it takes.
Quoting Alorente
The new Packet file is available for download on Post 1, Page 1. It contains Version 29 of Carlīs Dashboard which includes a Fast Trix and Trix Divergence conditions. It is the best and most complete Dashboard yet. You will get less signals with it, but more reliable ones. Also in the packet are Paradoxīs latest versions of the ExtremeTMAInfo and ExtremeTMA Line indicators as well as all the updated templates.

Note: It is very important that the Trix4Kids indicator is located in your Experts/Indicators folder or the Dashboard will not work.
...
Thanks for all your efforts Al. Greatly Appreciated. Best regards.
Quoting douanla
I would first thank you for sharing this trading system with us.
I just downloaded the new package on page one with the Trix4Kids and put it where you recommended but the dashboard is not working.

I would also like to know how to have the indicator with the "spikes" on my chart as on some of the chart i saw in this thread. I don't get it with your templates i downloaded .

thanks in advance.
The dashboard, along with a host of other indicators, do not work on the weekend due to the lack of ticks.

You have some reading to do.

Carl
Quoting crodzilla
The dashboard, along with a host of other indicators, do not work on the weekend due to the lack of ticks.

You have some reading to do.

Carl
Carl, thanks for all your efforts. Greatly appreciated. Best regards.
Quoting crodzilla
The dashboard, along with a host of other indicators, do not work on the weekend due to the lack of ticks.

You have some reading to do.

Carl
Thanks a million !!! I really have a lot to read and i am on it !!!
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