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Extreme TMA System

  • #10,881
  • May 22, 2012 9:52am May 22, 2012 9:52am
My PC is having many problems with indicators. I had 4 charts open and terminal stopped responding. I tried with 1 and is crashed when I changed currency pair. Does anyone have similar issues?
  • #10,882
  • May 22, 2012 9:56am May 22, 2012 9:56am
Quoting ncc74656
My PC is having many problems with indicators. I had 4 charts open and terminal stopped responding. I tried with 1 and is crashed when I changed currency pair. Does anyone have similar issues?
...,gonna need a bigger computer...,

This indicator package is CPU intensive.

Lee
"The more I practice the luckier I get." Gary Player
  • #10,883
  • May 22, 2012 10:13am May 22, 2012 10:13am
Hi Alorente,

Loaded your Lorente Large Chart.tpl, have all the indicators in the Custom Indicators folder. But the main screen only shows the bars, a blue MA, a Red trendline, a black box with London and some other text and numbers in the top RH corner and some very dim text and numbers in the bottom RH corner.
Should'nt the template automatically have all the required indicators on screen.
Can you advise what is wrong.

Thank you
Allonso
  • #10,884
  • May 22, 2012 10:21am May 22, 2012 10:21am
Allonso, I'm having the same issue with the latest packet.
  • #10,885
  • May 22, 2012 10:49am May 22, 2012 10:49am
I reinstalled MT4 and the packet is working great now.
  • #10,886
  • May 22, 2012 11:38am May 22, 2012 11:38am
Quoting bulent
Dear Alorente,
Thank you for usd/jpy ı win more than 50 pips.
Best regards.
Bülent.
Regarding UsdJpy, as you can see from the Daily chart, it is forming a downward wedge, which when broken, should take price quickly to 83 and beyond. However, I just closed my position for a very nice profit. Price is hitting the upper wall and there is a strong chance of a test of the bottom at 79 before the break. It could also break today, but if it does, it more than likely, wil test the wedge wall from the other side, giving us a chance to reenter.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.jpg Size: 103 KB
Observation is the path to discovery.
  • #10,887
  • May 22, 2012 11:41am May 22, 2012 11:41am
Quoting Nes
Dyekid217 n kennowski, nobody will answer your questions because someone earlier ask the same.. You should search in attachments files for PDF files call "Al's Wisdom" and you should start reading from 500 or 600 page.. believe me or not, there is a ocean of knowledge in this thread.. I don't read all posts but PDF files is awesome work (Many Thanks to slowpokeyjoe and Riddermark).

For me, Mr. Lorente post that open my eyes was:
"Still, the biggest and most accurate signal of impending change is when Slope leaves a buy only or sell only and...
Happy birthday, Nes.
Observation is the path to discovery.
  • #10,888
  • May 22, 2012 11:47am May 22, 2012 11:47am
Quoting Grins
...,gonna need a bigger computer...,

This indicator package is CPU intensive.

Lee
It fails on intel i5 with 4gig ram. How many charts do you have open? For me 2 seems maximum.
  • #10,889
  • May 22, 2012 12:21pm May 22, 2012 12:21pm
Quoting ncc74656
It fails on intel i5 with 4gig ram. How many charts do you have open? For me 2 seems maximum.
I'm running it on an i7, Windows 7, 10 charts, the iExtremeTMA_v33 on only one chart. The iExtremeTMA_v33 is a real hog, btw. This machine runs only MT4 with Al's indicators and Twitter. Everything else on other machines.

Lee

edit; Also, I have deleted all time frames in the iExtremeTMA_v33 but M15, H1, and H4
"The more I practice the luckier I get." Gary Player
  • #10,890
  • May 22, 2012 12:36pm May 22, 2012 12:36pm
There are 5 templates in the download packet. Which one should be used for 15 M trading?

Also, what is the difference between the five different templates?

Sorry if this has been answered already, but it wasn't in the first post and this thread is far too long for me to sift through for an answer.
  • #10,891
  • May 22, 2012 12:36pm May 22, 2012 12:36pm
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Hi does anybody know of an indicator maybe an arrow or something not to big preferably with a + - pip setting and when the price hits it you would have an alarm Ex: USDCAD in Recovery Zone. Or even an arrow you have to drop on the chart and when price reaches it you get an alarm.
Ideally it would kick in on every trade you open and if recovery is needed you get an alarm
Thanks, PC
Attached Image (click to enlarge)
Click to Enlarge Name: Recovery_example.png Size: 99 KB
Of all the things I've lost I miss my mind the most .
  • #10,892
  • May 22, 2012 12:54pm May 22, 2012 12:54pm
Just an observation: The GBP/AUD is above the 15 min bands, is at the 50% retrace of the entire move down and at 61.8% of the last wave down ..all on 15 min chart..would this be a place to short?

edit: 1hr and 4hr are sloping down

Not really asking for trading advice, just advice on what is a decent signal using this methodology. The trading part I'm 100% responsible for.
  • #10,893
  • May 22, 2012 1:02pm May 22, 2012 1:02pm
Quoting ds2007
Just an observation: The GBP/AUD is above the 15 min bands, is at the 50% retrace of the entire move down and at 61.8% of the last wave down ..all on 15 min chart..would this be a place to short?

edit: 1hr and 4hr are sloping down
I'm anxious to hear what others have to say, especially Master Al, but here's my take. PA is currently at the H4 TMA midpoint, it's well within the H1 TMA. Personally, I would wait for price to get outside of the H1 TMA at the very least and H4 for an even better set up.

Again, I'm anxious to hear what other users of this system have to say.

Lee
"The more I practice the luckier I get." Gary Player
  • #10,894
  • May 22, 2012 1:18pm May 22, 2012 1:18pm
Thanks for the input Grins. I 'm watching this thing develop as it goes. It now posted a red spike so I guess I'll see where it goes from here. thanks again, I'm new at this method and trying to learn the nuances. Red Al's key points to trading this way.
  • #10,895
  • May 22, 2012 1:19pm May 22, 2012 1:19pm
Quoting ds2007
Just an observation: The GBP/AUD is above the 15 min bands, is at the 50% retrace of the entire move down and at 61.8% of the last wave down ..all on 15 min chart..would this be a place to short?

edit: 1hr and 4hr are sloping down

Not really asking for trading advice, just advice on what is a decent signal using this methodology. The trading part I'm 100% responsible for.
I would wait for the H1 band to be reached. Also, both the Trix and the RSI look healthy. This pair has more to go on the upside.
Observation is the path to discovery.
  • #10,896
  • May 22, 2012 1:23pm May 22, 2012 1:23pm
Quoting ncc74656
It fails on intel i5 with 4gig ram. How many charts do you have open? For me 2 seems maximum.
Sometimes if ur internet speed is slow u have this problem, i have 2 platforms open with 10 charts each (loaded with ton's of indicators & TMA's) & works fine
i have i5 2.4 ghz 4gb ram win 7
A good trader follows his rules, but great trader knows when to break them
  • #10,897
  • May 22, 2012 1:33pm May 22, 2012 1:33pm
If your MT4 is running slow, try going to TOOLS-OPTIONS-CHARTS and set the max bars in history to something lower and definately set your max bars on chart lower ( I use 20000)..the first options saved disk space and the second options saves ram.
I also went into MT4 directory and under LOGS, deleted all existing logs..Also, under EXPERTS-LOGS, i deleted all the log files.

Those steps made my computer run much better.
  • #10,898
  • May 22, 2012 1:35pm May 22, 2012 1:35pm
Quoting Mr C
Hi does anybody know of an indicator maybe an arrow or something not to big preferably with a + - pip setting and when the price hits it you would have an alarm Ex: USDCAD in Recovery Zone. Or even an arrow you have to drop on the chart and when price reaches it you get an alarm.
Ideally it would kick in on every trade you open and if recovery is needed you get an alarm
Thanks, PC
Attachment
it would be nice if someone can help with an alarm
  • #10,899
  • May 22, 2012 1:44pm May 22, 2012 1:44pm
Quoting starlighter
it would be nice if someone can help with an alarm
The best I can offer is to create an alert when the trade is entered.

Lee
"The more I practice the luckier I get." Gary Player
  • #10,900
  • May 22, 2012 1:52pm May 22, 2012 1:52pm
eurgbp price is on the lower H1 band, closing 2/3 of my short for 28 pips, stop to b/e on remaining 1/3 with tp at lower H4 band.

Lee
"The more I practice the luckier I get." Gary Player
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