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Extreme TMA System

  • #8,241
  • Apr 5, 2012 1:39pm Apr 5, 2012 1:39pm
Quoting normtold
Alorente, for RSI, are you using Period 14, apply to close, Fixed minimum 0, Fixed maximum 100?
The default values in MT4 RSI.
Observation is the path to discovery.
  • #8,242
  • Apr 5, 2012 1:44pm Apr 5, 2012 1:44pm
Quoting crodzilla
The 00 option levels are where the institutions make their money, running stops. The "true" option levels are the "option value" levels. They are the calculated break-even levels where the institutions will defend price levels.

You can see where the heavy open interest is, which will be defended depending on if the institution is short or long that level. The next level down is 2991, put options, which has a very high open interest.

Don't ask for the indicator, it is proprietary, and retrieves data from a private server.

Carl
Very interesting info, thanks. And thanks for your work on the Dash too, and Al as always...
  • #8,243
  • Apr 5, 2012 1:52pm Apr 5, 2012 1:52pm
Hello Alfredo and Carl,

A question just dawned on me.

When we set up our charts, we differentiate between High/Low ATR pairs. Watching for a setup on a high ATR pair using the Low ATR template would give you a false reading for when the bands were actually breached.

Does the Dashboard make this distinction? Or does it use a standard ATR setting for all pairs?

If it does treat Low ATR pairs differently than High ATR pairs, how does it handle when a usually High ATR pair goes below 70 or a usually Low ATR pair goes above 70?

Thank you for your kind attention.

William
may you find what you seek and trade what you find
  • #8,244
  • Apr 5, 2012 1:52pm Apr 5, 2012 1:52pm
Added another contract a few hours ago to my short position. Will hold these until about 128 and then evaluate.
To free Gazans of Hamas, use whatever it takes.
  • #8,245
  • Apr 5, 2012 1:58pm Apr 5, 2012 1:58pm
Quoting faxxion
Hello Alfredo and Carl,

A question just dawned on me.

When we set up our charts, we differentiate between High/Low ATR pairs. Watching for a setup on a high ATR pair using the Low ATR template would give you a false reading for when the bands were actually breached.

Does the Dashboard make this distinction? Or does it use a standard ATR setting for all pairs?

If it does treat Low ATR pairs differently than High ATR pairs, how does it handle when a usually High ATR pair goes below 70 or a usually Low ATR pair goes above 70?...
The dashboard is standard for all pairs.
That adds quite a bit of complexity, which I am unsure is justified.

Carl
  • #8,246
  • Apr 5, 2012 2:01pm Apr 5, 2012 2:01pm
Quoting Alorente
Below is Version 32 of Carlīs Dashboard. There are more speed improvements and two new inputs. One for the Fast Trix color change trigger and the other one for Divergence detection. Both are turned off by default since the number of signals we were getting dropped considerably. To turn them on, change FALSE to TRUE.

Note: Heiken Ashi color change trigger remains on by default and cannot be changed.

Thanks for the new update.
This week I made ​​5 eu operations in total and 5 have been successful with his method. Each day that passes I get better but still I have to fight hard against myself and my eagerness to want to take profits on centerline. The psychological aspect is very important.
I've also read a previous post of his in relation to 1-2-3 (MA200 + coral) and I found it very interesting. Actually I'm learning a lot more this week on the operational concepts and forex all over the last year.

Thank you sincerely for your work and that of his colleagues, I feel unable to contribute any ideas but you are light years ahead of me, but I hope to eventually cut back the way

Pedro
  • #8,247
  • Apr 5, 2012 2:23pm Apr 5, 2012 2:23pm
Quoting crodzilla
It was not developed by me, but was developed in a private forum.

Carl
Carl thanks for answering me I appreciate it. and thank you for all the time and energy you devote to the dashboard and all of the improvements.


You truly are a genius

Thanks Again Robert
  • #8,248
  • Apr 5, 2012 2:26pm Apr 5, 2012 2:26pm
Al, Carl, as far as I remember nobody asked this question before (if I'm wrong - I'm very sorry).

My Dashboard at two different brokers looks differently, gives different signals. I'm not alone, I got 3 PMs from the participants of my Russian thread, they have the same problem.
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Gentlemen always play by the rules. If they can't, they change the rules.
  • #8,249
  • Apr 5, 2012 2:32pm Apr 5, 2012 2:32pm
Quoting Favorite
My Dashboard at two different brokers looks differently, gives different signals.
Al, if it is impossible to fix, would you recommend all of us to download your broker's demo, so we all would be on the same page, so to speak?
Gentlemen always play by the rules. If they can't, they change the rules.
  • #8,250
  • Apr 5, 2012 2:35pm Apr 5, 2012 2:35pm
Hello Al

If the dollar index is up (Risk Off) and the VIX is down (Risk On), what do you have, RISK OFF or RISK ON conditions? Thanks for your reply

Bluesky
  • #8,251
  • Apr 5, 2012 2:36pm Apr 5, 2012 2:36pm
Quoting crodzilla
The dashboard is standard for all pairs.
That adds quite a bit of complexity, which I am unsure is justified.

Carl
Hello Carl,

Thank you for the quick answer.

I owe you a debt of gratitude for your tireless perfection of the Dashboard.

I would like my charts to always match the Dashboard, so can you tell be which settings the Dashboard is set to, Low ATR or High ATR?

Your Friend,

William
may you find what you seek and trade what you find
  • #8,252
  • Apr 5, 2012 3:06pm Apr 5, 2012 3:06pm
Quoting faxxion
Hello Alfredo and Carl,

A question just dawned on me.

When we set up our charts, we differentiate between High/Low ATR pairs. Watching for a setup on a high ATR pair using the Low ATR template would give you a false reading for when the bands were actually breached.

Does the Dashboard make this distinction? Or does it use a standard ATR setting for all pairs?

If it does treat Low ATR pairs differently than High ATR pairs, how does it handle when a usually High ATR pair goes below 70 or a usually Low ATR pair goes above 70?

Thank you...
The Dashboard uses a 2.0 ATR multiplier for all pairs.
Observation is the path to discovery.
  • #8,253
  • Apr 5, 2012 3:07pm Apr 5, 2012 3:07pm
Quoting faxxion
Hello Carl,

Thank you for the quick answer.

I owe you a debt of gratitude for your tireless perfection of the Dashboard.

I would like my charts to always match the Dashboard, so can you tell be which settings the Dashboard is set to, Low ATR or High ATR?

Your Friend,

William
Neither Low or High. 2.0 ATR multiplier.
Observation is the path to discovery.
  • #8,254
  • Apr 5, 2012 3:17pm Apr 5, 2012 3:17pm
Quoting bluesky100
Hello Al

If the dollar index is up (Risk Off) and the VIX is down (Risk On), what do you have, RISK OFF or RISK ON conditions? Thanks for your reply

Bluesky
The Dollar is in a period of transition that is very interesting. Up to now, it was trading up mostly when things were scary (Risk off). The past few days, the USD is beginning to move on fundamentals. The US economy is doing a lot better than Europe and thus, it is climbing when up to now, it would be declining. This is the best of both worlds for USD. It will climb in risk off periods due to flight to safety, but it will also climb in normal days due to fundamentals. This leaves the USD high in one case and higher in another. I donīt see the possibility of USD dropping substantially any more until it achieves fair value which is UJ=110 and EU= parity.
Observation is the path to discovery.
  • #8,255
  • Apr 5, 2012 3:17pm Apr 5, 2012 3:17pm
Quoting faxxion
Hello Carl,

Thank you for the quick answer.

I owe you a debt of gratitude for your tireless perfection of the Dashboard.

I would like my charts to always match the Dashboard, so can you tell be which settings the Dashboard is set to, Low ATR or High ATR?

Your Friend,

William
2.0
  • #8,256
  • Apr 5, 2012 3:24pm Apr 5, 2012 3:24pm
Quoting Favorite
Al, Carl, as far as I remember nobody asked this question before (if I'm wrong - I'm very sorry).

My Dashboard at two different brokers looks differently, gives different signals. I'm not alone, I got 3 PMs from the participants of my Russian thread, they have the same problem.
Logically speaking, if the MT4's are the same and the Dashboard versions are the same, the only difference is the data from the brokers.

So, data quality would be at the top of my list. There are no logical variables other than the data.

Carl
  • #8,257
  • Apr 5, 2012 3:26pm Apr 5, 2012 3:26pm
Quoting Favorite
Al, Carl, as far as I remember nobody asked this question before (if I'm wrong - I'm very sorry).

My Dashboard at two different brokers looks differently, gives different signals. I'm not alone, I got 3 PMs from the participants of my Russian thread, they have the same problem.
I donīt know what to tell you, Mike. I have tested it extensively with FxPro and I havenīt found any problems, but Carl has tried it with many brokers and it works fine. I think you will have to get a lot more specific with which brokers are causing the problem. I will wait for Carl to comment on this.
Observation is the path to discovery.
  • #8,258
  • Apr 5, 2012 3:33pm Apr 5, 2012 3:33pm
Quoting crodzilla
Logically speaking, if the MT4's are the same and the Dashboard versions are the same, the only difference is the data from the brokers.

So, data quality would be at the top of my list. There are no logical variables other than the data.

Carl
Carl, when you say "if the MT4's are the same", you mean the same build?
Gentlemen always play by the rules. If they can't, they change the rules.
  • #8,259
  • Apr 5, 2012 3:39pm Apr 5, 2012 3:39pm
Quoting Favorite
Carl, when you say "if the MT4's are the same", you mean the same build?
I would recommend comparing the signals to the actual charts and identifying which brokers are giving the erroneous signals. Those brokers are obviously not sending out good data. The solution would be to not use those brokers once identified.
Observation is the path to discovery.
  • #8,260
  • Apr 5, 2012 3:54pm Apr 5, 2012 3:54pm
Quoting Alorente
I would recommend comparing the signals to the actual charts and identifying which brokers are giving the erroneous signals. Those brokers are obviously not sending out good data. The solution would be to not use those brokers once identified.
Thank you, Al, that's what I thought. I'm sure I know which of the two is unreliable (I don't use this broker for the trading, only for the testing), but I have to check.
Gentlemen always play by the rules. If they can't, they change the rules.
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