Attachments: Extreme TMA System

Extreme TMA System

#9,741
Apr 22, 2012 5:37pm Apr 22, 2012 5:37pm

sabrys5769
Joined Jun 2010 | Status: Trader | 228 Posts

Quoting Alorente

Disliked

Actually I watch them all. I have M5, M15, H1 and H4 on my chart and depending how I see price behaving, I will close at the opposite band of the M5, M15 or H1. If I see Fast Trix falling behind price in the move (Possibly creating a divergence) I will exit at a HA color change or Fast Trix color change. So, I don´t like to predetermine a TP. I let price tell me when to exit as we go along.

Ignored

Interesting.. so are you no longer trading as the last update on pag 1?
just curios....

#9,742
Apr 22, 2012 5:44pm Apr 22, 2012 5:44pm

prosper1
| Joined Apr 2012 | Status: Trader | 116 Posts

Yes thanks, I saw the indicators on page 1 but it seems that the system has changed somewhat and new indicators added. Is that right?
Thanks again

#9,743
Apr 22, 2012 7:19pm Apr 22, 2012 7:19pm

beto21_cwb
| Joined Aug 2009 | Status: Trader | 111 Posts

Can this have anything to do with what happened last week with the US dollar (at least partially) ?

http://www.forbes.com/sites/charlesk...the-dollar-33/

The article says it's known that the FED wants to have the US dollar devaluated, so it's easier for the US to pay their debt.

I'd like to know your opinion, even though it's an outdated article.

Thank you.

#9,744
Apr 22, 2012 9:36pm Apr 22, 2012 9:36pm

flaw
| Joined Oct 2011 | Status: Trader | 171 Posts

Quoting scott-ibm

Disliked

Hello, Frank :

using semaphor-3 just for reference, it is have not been included inside EX TMA , Right ??

brs,

SCOTT-ibm
~~~~~

Ignored

Scott, I basically still Trade TMA. I have 2 screens, one with M15 up MTF set up and the other from H1 up. TMA is a great system with recovery. As I explained to the others semafor (or anything else added to the system) is my attempt to trade with stop losses. I follow the basic TMA rules with extra filters. Frank

Wishing my last name were LESS

#9,745
Apr 22, 2012 9:38pm Apr 22, 2012 9:38pm

flaw
| Joined Oct 2011 | Status: Trader | 171 Posts

Quoting grechmar

Disliked

Some used this setting for semafor: 7,28,102,204
Al, iyo what do u think its best or is there accuracy the same in % according to the situation?

Ignored

I'll try that. Thanks.

Wishing my last name were LESS

#9,746
Apr 22, 2012 11:01pm Apr 22, 2012 11:01pm

darshanag
| Joined Oct 2011 | Status: Trader | 63 Posts

Quoting flaw

Disliked

Scott, I basically still Trade TMA. I have 2 screens, one with M15 up MTF set up and the other from H1 up. TMA is a great system with recovery. As I explained to the others semafor (or anything else added to the system) is my attempt to trade with stop losses. I follow the basic TMA rules with extra filters. Frank

Ignored

Hi Flaw, what are the extra filters you use ? Is it possible to post your template ?

#9,747
Apr 22, 2012 11:46pm Apr 22, 2012 11:46pm

Connected
| Membership Revoked | Joined Mar 2012 | 860 Posts

http://www.hostmypic.net/pictures/4a...4920144622.jpg

Tracking the Specialists.

#9,748
Apr 22, 2012 11:49pm Apr 22, 2012 11:49pm

flaw
| Joined Oct 2011 | Status: Trader | 171 Posts

Quoting darshanag

Disliked

Hi Flaw, what are the extra filters you use ? Is it possible to post your template ?

Ignored

I only added 3 zz semafor and sup/dem, both in default settings. All the rest are standard TMA system indicators. I don't think there is any incator that can filter out all the semafor repaints. Discretion is needed.
Surfnernad has posted the semafor indi. Here is the sup/dem.

Attached File(s)

II_SupDem v2.mq4 29 KB | 1,027 downloads

II_SupDem v2.ex4 36 KB | 856 downloads

Wishing my last name were LESS

#9,749
Apr 22, 2012 11:58pm Apr 22, 2012 11:58pm

flaw
| Joined Oct 2011 | Status: Trader | 171 Posts

Quoting Alorente

Disliked

Most of the time we get into trouble is because we did not follow these steps to the letter. If you do, you will rarely miss. Even me, with the decades of experience, still get too smart sometimes and fall in the trap of early entry. Afterwards, when I analyze what happened, I look at what the system was indicating and I ask myself why in the world did I jump the gun when it was clearly right in front of me?

Ignored

Al, We're not Gods. Making mistake is in our nature. I believe you make less mistakes than at least 90% of the traders. Frank

Wishing my last name were LESS

#9,750
Apr 23, 2012 1:47am Apr 23, 2012 1:47am

normtold
| Joined Jan 2011 | Status: Trader | 733 Posts

If we follow the rules, wait for price to go outside the M15 or H1 if you prefer, look for ranging slope and in the direction of the proposed trade, near S/R, wait for HA colour change and or Trix crossing then enter we did not make a mistake.

Sometimes price will not turn around when we follow the rules, nothing we can do about that except hope the winners outnumber the losers.

#9,751
Apr 23, 2012 1:56am Apr 23, 2012 1:56am

DrDave
| Membership Revoked | Joined Jun 2011 | 9,885 Posts

Quoting prosper1

Disliked

Yes thanks, I saw the indicators on page 1 but it seems that the system has changed somewhat and new indicators added. Is that right?
Thanks again

Ignored

Hmmmm....
So, you read page 1. Did you read any more than that? It is obvious that you could not have read much more than page 1, because your question is answered in the thread.

And as far as the system changing, again, if you read even a few pages, you would know that the system is expected to change from its first introduction.

DrDave

To free Gazans of Hamas, use whatever it takes.

#9,752
Apr 23, 2012 2:15am Apr 23, 2012 2:15am

tombombadill
| Joined Jan 2012 | Status: Trader | 48 Posts

Quoting flaw

Disliked

I only added 3 zz semafor and sup/dem, both in default settings. All the rest are standard TMA system indicators. I don't think there is any incator that can filter out all the semafor repaints. Discretion is needed.
Surfnernad has posted the semafor indi. Here is the sup/dem.

Ignored

Hi flaw,

is there a FF thread where I can read about the sup/dem indicator and how it works? - Thanks

'the quieter you become, the more you are able to hear' - Ram Dass

#9,753
Apr 23, 2012 2:21am Apr 23, 2012 2:21am

ill_be_back
Joined Sep 2011 | Status: Trader | 6,363 Posts

Quoting tomthepoppop

Disliked

Scott - I have traded for 3+ years. I have searched and searched for indicators, indicators, indicators and I can honestly tell you that if you will stop your search and concentrate on only the indicators that AL has given us you will be more successful in the long run. They are superb. Look, I know everyone is different especially from a psychological standpoint and some people need more crutches for trading than others ---- BUT all I can do is give you my opinion from going down the roads you are now traveling and try to save you time and effort....

Ignored

i agree with you

A good trader follows his rules, but great trader knows when to break them

#9,754
Apr 23, 2012 2:22am Apr 23, 2012 2:22am

darshanag
| Joined Oct 2011 | Status: Trader | 63 Posts

Quoting flaw

Disliked

I only added 3 zz semafor and sup/dem, both in default settings. All the rest are standard TMA system indicators. I don't think there is any incator that can filter out all the semafor repaints. Discretion is needed.
Surfnernad has posted the semafor indi. Here is the sup/dem.

Ignored

Thanks for the indicator Flaw.. What's the difference between the two ?

#9,755
Apr 23, 2012 2:38am Apr 23, 2012 2:38am

Olarion1975
Joined May 2010 | Status: Trader | 1,188 Posts

Quoting Alorente

Disliked

As far as adding positions, if you are in a scalping mode, you can trade the M5 or M15 bands in and out, but if you are going with a strong trend, what I do is add a little when price retraces to center line and I see a two bar stall. It works like a charm. Especially when the M15 is inside a rising H1 and H4 channels (For long, opposite for short). When M15 reaches the top of H1, I stop adding because the probability of M15 coming down or sideways to H1 opposite band is high.

Ignored

Hi Al,

do you add to positions when price retraces to center line of the M15 or H1 TMA band?

#9,756
Apr 23, 2012 2:46am Apr 23, 2012 2:46am

lucatony29
| Joined Apr 2008 | Status: Trader | 29 Posts

I close my GBPUSD with one recovery(1.6125) a small + in 1.6085.

Quoting Alorente

Disliked

You may say to yourself: "I thought Al was holding EU till 1.2600"?

That is true, but I entered recovery and I will close the trade at breakeven as I always do. AFTER I close the trade, I will evaluate it again and if I still feel the same way I did, I will reenter it. Remember, you can always reenter the trade, but it is important to fix in your mind the thought that Recovery is for exactly that. For Recovery. Always exit a Recovery trade at BE. Don´t fall to the temptation to turn a bad trade into a winner. Exit the trade and then reenter...

Ignored

#9,757
Apr 23, 2012 2:57am Apr 23, 2012 2:57am