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Extreme TMA System

  • #9,841
  • Apr 24, 2012 1:06pm Apr 24, 2012 1:06pm
Quoting flaw
Mike, Interesting idea to use multiple ATRMultiplier for one more filter. What's the black curve in the center? Some kind of MA? Frank
Yes, Frank, the black line is MA20, I don't use it, but another guy from my thread (Xabar77) says that if not only price is outside the bands, but also MA20 is outside the bands - that gives him much better entries (M1 and M5), and he is a very experienced trader, so some participants started using MA20 too.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #9,842
  • Apr 24, 2012 1:21pm Apr 24, 2012 1:21pm
Quoting Favorite
Yes, Frank, the black line is MA20, I don't use it, but another guy from my thread (Xabar77) says that if not only price is outside the bands, but also MA20 is outside the bands - that gives him much better entries (M1 and M5), and he is a very experienced trader, so some participants started using MA20 too.
Mike, Thank you for your quick reply. It helps. Frank
Wishing my last name were LESS
  • #9,843
  • Apr 24, 2012 1:43pm Apr 24, 2012 1:43pm
Quoting flaw
Mike, Thank you for your quick reply. It helps. Frank
Gentlemen always play by the rules. If they can't, they change the rules.
  • #9,844
  • Apr 24, 2012 4:28pm Apr 24, 2012 4:28pm
Al,

What do you think about Aussie dollar and S& P? I think this is a great buying opportunity for a 100-200 point rally in Aussie dollar. I would not be long tonight US Dollar atleast. ..

Thnx
Its all in the mind.
  • #9,845
  • Apr 24, 2012 4:29pm Apr 24, 2012 4:29pm
Quoting flaw
Mike, Interesting idea to use multiple ATRMultiplier for one more filter. What's the black curve in the center? Some kind of MA? Frank
Frank,Alf is much better than MA to filter.Try,set MA Period=4.
Regards
Attached Image (click to enlarge)
Click to Enlarge Name: tma alf.jpg Size: 110 KB
Attached File(s)
File Type: mq4 alf mtf peterke 2.mq4   9 KB | 789 downloads
  • #9,846
  • Apr 24, 2012 5:33pm Apr 24, 2012 5:33pm
Al, I salute your dedication to us and to this strategy, Thank you! It's beautiful.

A question for you about the use of the TMA Slope indicator, in the first post in this thread,

"Buy Only TMA (Above 0.51): Place ONLY Long trades. Sell Only TMA (Below -0.51): Place ONLY Short trades."

I too am long usdcad, and took 20 pips from a eurgbp long earlier. Both were contrary to the rule you state above, could you clarify this for me please?

I have been working a very similar strategy but yours is light years ahead of me, kudos, kudos, kudos! Yours is very natural since I'm familiar with the principals.

Lee
"The more I practice the luckier I get." Gary Player
  • #9,847
  • Apr 24, 2012 7:13pm Apr 24, 2012 7:13pm
Quoting Favorite
As we all know, there are not many M15 trades.

The guy from my Russian thread (his nickname is Gromov) thinks that he has a solution.

He put on M15 two TMAs, one with ATRMultiplier 1.2, another with ATRMultiplier 2.2.

He enters the trade using 1.2 ATRMultiplier and exits with 2.2 ATRMultiplier.

He says it gives him 50% more trades and all the trades are really good ones. He tested it for only a week, obviously it needs more tests. I didn't have time to check, he posted this tip today.

His chart's picture is here:
http://ruforum.mt5.com/threads/17528...=1#post2525749...

Hello Favorite,

Could you please elaborate on this use of Multiplier 1.2 and 2.2 lines.
Does he go short at the upper 1.2 line and then target the lower 2.2 line? (given that the other rules are satisfied). And to go long he enters once the lower 1.2 line is breached and targets the upper 2.2 line?
Thanks
  • #9,848
  • Apr 24, 2012 8:21pm Apr 24, 2012 8:21pm
Quoting frollollc
Hello Favorite,

Could you please elaborate on this use of Multiplier 1.2 and 2.2 lines.
Does he go short at the upper 1.2 line and then target the lower 2.2 line? (given that the other rules are satisfied). And to go long he enters once the lower 1.2 line is breached and targets the upper 2.2 line?
Thanks
Yes, exactly! He waits for the setups when price is above 1.2 TMA (for shorts) or below 1.2 TMA (for longs), he enters at the Heiken Ashi color's change and he exits at the opposite 2.2 band! He uses Supply/Demand indicator instead of the pivots indicator.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #9,849
  • Apr 24, 2012 10:20pm Apr 24, 2012 10:20pm
Quoting harry45
Frank,Alf is much better than MA to filter.Try,set MA Period=4.
Regards
Thank you Harry. It looks nice. I'll try it. Does it help to filter semafor repaints too? Frank
Wishing my last name were LESS
  • #9,850
  • Apr 25, 2012 1:00am Apr 25, 2012 1:00am
Yes - I've used supply and demand zones for years - only probable difference being is that I always use H4 zones even on an M15 chart.

I've set it up as you explained and will monitor progress.
  • #9,851
  • Apr 25, 2012 2:46am Apr 25, 2012 2:46am
Quoting Alorente
Read post #138. It´s the MA bar that´s important not the candle. After condition one is valid, you don´t even need to look at the candles anymore. Just at the Spike and MA cross.
Sorry Alorente.

You always try to explain MA cross Bar (not candle) But I couldn't understand it.
Please would you mind to send your template and indicators? (Mostly I want the indicator which shows MA Cross Bar)

You send a packet (includes template and indicators) but I couldn't find Extreme-spike ind. and the indicator for MA Cross Bar.

I liked your system very much. I earned a bit money with your system but I didn't look MA cross bar; I looked Heken Ashi Bar colour change as the thirth condition.

Please let me use your own template.
  • #9,852
  • Apr 25, 2012 3:07am Apr 25, 2012 3:07am
Quoting flaw
Thank you Harry. It looks nice. I'll try it. Does it help to filter semafor repaints too? Frank
Alf is adaptive Laguerre filter.This mod of indi has additional MA line(you should choose period MA) .When it crosses alf line up (blue point appears) and if PA is above alf you should be ready to go long.Try several TF(if alf TF M5 is above alf M15 and above alf H1 and
alf M15 is above alf H1- this is a very powerful setup to go long).
In combination with TMA MTF you ll be a real winner.As to semafor I use it analizing waves on H1,H4,D1( with big periods of ZZ) and determin main direction of trade on a couple of days ahead.
TMA MTF doing this job perfectly.Everything depends only on You and your taste.
Thank You Al.
Regards
  • #9,853
  • Apr 25, 2012 3:15am Apr 25, 2012 3:15am
Quoting imbonitore
Why Isn’t the Euro Weakening Against the Dollar? (Redux)

Among the many déjà vu aspects to the markets in 2012 is that — as in 2011 — traders, analysts and investors have been scratching their heads over the relative buoyancy of the euro relative to the U.S. dollar.
[left] As we noted here, Monday was a prime example. European bond spreads reached recent wides, European stocks got clocked but yet the euro was pretty much locked near $1.31,...
Everything is still in place for a Euro collapse. It is impossible to pinpoint the exact moment it will occur or the trigger that will begin the next leg down. All we can do is leave ourselves plenty of equity for temporary counter moves and be patient with the confidence that it will pay out big time in the end. GbpUsd will pay out also. My next medium term target is UsdJpy. I will start building a position in UJ in the anticipation of it moving back to 120 in the next 18 months.

Of course, trading around these positions is important. This is not a Buy and hold strategy, but in my case, there will not be any counter trend trading in any of these three pairs going forward. In other words:

EurUsd only shorts.
GbpUsd only shorts.
UsdJpy only longs.
Observation is the path to discovery.
  • #9,854
  • Apr 25, 2012 3:18am Apr 25, 2012 3:18am
Quoting Favorite
As we all know, there are not many M15 trades.

The guy from my Russian thread (his nickname is Gromov) thinks that he has a solution.

He put on M15 two TMAs, one with ATRMultiplier 1.2, another with ATRMultiplier 2.2.

He enters the trade using 1.2 ATRMultiplier and exits with 2.2 ATRMultiplier.

He says it gives him 50% more trades and all the trades are really good ones. He tested it for only a week, obviously it needs more tests. I didn't have time to check, he posted this tip today.

His chart's picture is here:
http://ruforum.mt5.com/threads/17528...=1#post2525749...
Interesting, Mike. I´ll keep an eye on this method.
Observation is the path to discovery.
  • #9,855
  • Apr 25, 2012 3:23am Apr 25, 2012 3:23am
Quoting 5abi
Al,

What do you think about Aussie dollar and S& P? I think this is a great buying opportunity for a 100-200 point rally in Aussie dollar. I would not be long tonight US Dollar atleast. ..

Thnx
I will continue to short the Aussie as I have been doing very successfully.
Observation is the path to discovery.
  • #9,856
  • Apr 25, 2012 3:27am Apr 25, 2012 3:27am
Quoting Grins
Al, I salute your dedication to us and to this strategy, Thank you! It's beautiful.

A question for you about the use of the TMA Slope indicator, in the first post in this thread,

"Buy Only TMA (Above 0.51): Place ONLY Long trades. Sell Only TMA (Below -0.51): Place ONLY Short trades."

I too am long usdcad, and took 20 pips from a eurgbp long earlier. Both were contrary to the rule you state above, could you clarify this for me please?

I have been working a very similar strategy but yours is light years ahead of me, kudos, kudos,...
When Slope is Ranging, you can trade both ways. M15 Slope is ranging.
Observation is the path to discovery.
  • #9,857
  • Apr 25, 2012 3:30am Apr 25, 2012 3:30am
Hi there Al. I'm new to your system. Please tell me, do you take the sessions in consideration, especially in lower TFs, or doesn't it matter what time of day you trade this system?
  • #9,858
  • Apr 25, 2012 3:30am Apr 25, 2012 3:30am
http://www.hostmypic.net/pictures/43...9039e0f669.jpg
Tracking the Specialists.
  • #9,859
  • Apr 25, 2012 3:31am Apr 25, 2012 3:31am
Gdp of the cable is negative time to go short
Master Your Setup, Master Your self. (NQoos)
  • #9,860
  • Apr 25, 2012 3:33am Apr 25, 2012 3:33am
What you have just seen with GU is what happens when you put a lit match on to a pile of dynamite. This will happen to EU also. All it requires is a trigger. The spring is tightly wound.
Observation is the path to discovery.
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