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Extreme TMA System

  • #11,601
  • Jun 22, 2012 3:33am Jun 22, 2012 3:33am
Quoting bassramy
Excellent, put some posts about this beautiful template and let's trade it too or @ least keep us posted when crosses appear, i can see that GU crossed down yesterday on H1.
Hello,
GU chart yesterday.
Bülent.
Attached Image (click to enlarge)
Click to Enlarge Name: download.gif Size: 29 KB
  • #11,602
  • Jun 22, 2012 3:57am Jun 22, 2012 3:57am
Quoting bassramy
Excellent, put some posts about this beautiful template and let's trade it too or @ least keep us posted when crosses appear, i can see that GU crossed down yesterday on H1.
Dear Bassramy,
I sent to you private massage.
Regards.
Bülent
  • #11,603
  • Edited 5:42am Jun 22, 2012 5:22am | Edited 5:42am
Quoting tp0440
Congratulations! :-) Especially since you are collecting for a factor more pips than there is price movement.

EURUSD for example yesterday to today was 100-140 pips and you collected 441! :-)

Magic!

Sorry for sarcasm, but wouldn't you want to adjust time interval or number of pips and not misled people?

BR
1H and 4H timeframe.
441 pip on 6 positions(204 on 3 n 168 on 3).
It's called GAME PLAN, you can call it magic
It's really hard to guess that it is impossible to earn 441 pip on 1 position in two days..
And I close my positions on 12600.. so again -> not enough patience.. I should let 30% to go on to 12520...
  • #11,604
  • Jun 22, 2012 5:29am Jun 22, 2012 5:29am
Quoting Nes
1H and 4H timeframe.
441 pip on 6 positions(204 on 3 n 168 on 3).
It's called GAME PLAN, you can call it magic
It's really hard to guess that it is impossible to earn 441 pip on 1 position in two days..
GREAT JOB
  • #11,605
  • Jun 22, 2012 5:58am Jun 22, 2012 5:58am
Did anyone try to build EA using this system?
  • #11,606
  • Edited 6:18am Jun 22, 2012 6:00am | Edited 6:18am
EUR/USD - 1H and 4H. Earn 440 pip on 6 positions.
and, YES this is amazing system.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 22.06.2012.jpg Size: 240 KB
  • #11,607
  • Jun 22, 2012 6:48am Jun 22, 2012 6:48am
Quoting Alorente
Everything is ok, thanks. Just getting ready for my wedding next month.
Well that will keep you busy for sure!

Big congrats AL awesome news

Buena Suerte
  • #11,608
  • Jun 22, 2012 6:54am Jun 22, 2012 6:54am
Quoting bassramy

UJ UPDATE.
Waiting for the close to comfirm the break.
Hello. First, thank you for your very informative and news update posts, this is an excellent Daily summary for anyone for sure.

2nd. That is a very curious little chart setup you have in this post. Do you mind posting the 2 (or 3?) Indy's for it? (red/green line most curious)

Cheers and TIA
  • #11,609
  • Jun 22, 2012 6:58am Jun 22, 2012 6:58am
Quoting Mr C
I used a dummy window so I could get the charts in a separate window, anyway here you go and you can rename the dummy window anything you want.
Open the window first then open the indicator and set it to window 1 chose size and amount of charts etc...
Attachment
Attachment


edit: If the charts dont look right you will have to load the font file from the zip in to your windows...
Awsome! OK, needs a lot of configuration, but awsome! TNX!!

BR
  • #11,610
  • Jun 22, 2012 7:00am Jun 22, 2012 7:00am
Quoting Nes
1H and 4H timeframe.
441 pip on 6 positions(204 on 3 n 168 on 3).
It's called GAME PLAN, you can call it magic
It's really hard to guess that it is impossible to earn 441 pip on 1 position in two days..
And I close my positions on 12600.. so again -> not enough patience.. I should let 30% to go on to 12520...

Than again - congrats. With this pip count, don't complain. You can't grab whole moves and you don't want to aim for that as you'll sooner or later get burned.

BTW: you might consider your trading style a bit agressive when trading with real money, but if it turns out it'll go well for you... well, then leave some pips to the rest of us.

BR
  • #11,611
  • Edited 11:52am Jun 22, 2012 7:03am | Edited 11:52am
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Band Size, how is this setting being used for entry I noticed alot of people have it set to a smaller band size is it even needed for this system or am I missing something.

Thanks, PC.
Attached Image


Edit: It gives the current time frame Band Size and has a band size setting.
I guess people are using it to get an extra band size when on H1 & H4 or it's for show.
I could see on M15 & lower or higher then H4 anyway answered my own question.
Of all the things I've lost I miss my mind the most .
  • #11,612
  • Jun 22, 2012 7:22am Jun 22, 2012 7:22am
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Quoting tp0440
Awsome! OK, needs a lot of configuration, but awsome! TNX!!

BR
Sorry, I should have gave you my template as a start point, anyway enjoy!

PC.
Of all the things I've lost I miss my mind the most .
  • #11,613
  • Jun 22, 2012 7:45am Jun 22, 2012 7:45am
Quoting tp0440
Than again - congrats. With this pip count, don't complain. You can't grab whole moves and you don't want to aim for that as you'll sooner or later get burned.

BTW: you might consider your trading style a bit agressive when trading with real money, but if it turns out it'll go well for you... well, then leave some pips to the rest of us.

BR
H1 and H4 ; 3 positions ; TP -> 1 on +40, 2 on + 60 or + 80(depend on ATR), 3 when price is exhausted.
It looks like this, you think it's aggressive way? I think my TP is somewhere in the middle between aggressive and conservative... What do You think?

Greetings.
  • #11,614
  • Jun 22, 2012 10:01am Jun 22, 2012 10:01am
Quoting Alorente
Everything is ok, thanks. Just getting ready for my wedding next month.
Great to hear from you Al. Congrats on the wedding. Wishing you well
& glad it was good news keeping you away.
ST
A good trader follows his rules, but great trader knows when to break them
  • #11,615
  • Jun 23, 2012 2:38am Jun 23, 2012 2:38am
This is something to have fun with during the Weekend for all traders, have a nice one guys:
Make sure that you don't stop learning even when you make a Billion Pips in trading.
Attached File(s)
File Type: pdf Here is How to Trade Forex Majors like the Euro During Active Hours _ DailyFX.pdf   798 KB | 1,698 downloads
File Type: pdf How to Build a Strategy, Part 5_ Risk Management _ DailyFX.pdf   650 KB | 1,056 downloads
Master Your Setup, Master Your self. (NQoos)
  • #11,616
  • Jun 23, 2012 3:51am Jun 23, 2012 3:51am
Quoting bassramy
This is something to have fun with during the Weekend for all traders, have a nice one guys:
Make sure that you don't stop learning even when you make a Billion Pips in trading.
Thank you Bassramy, very interesting like everything that i read from you.

Keep it up!

Ciao
Sabrina
  • #11,617
  • Edited 7:24pm Jun 23, 2012 4:26pm | Edited 7:24pm
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Attached Image (click to enlarge)
Click to Enlarge Name: 200&60W1.png Size: 78 KB
~
usdjpy h1 Attachment
Of all the things I've lost I miss my mind the most .
  • #11,618
  • Jun 23, 2012 8:15pm Jun 23, 2012 8:15pm
Hi Guys

I have a question for those of you who use the recovery method.
What is the exact process you use to intervene when a trade goes wrong?

Do you constantly monitor a trade and as soon as it reaches your limit you hedge it and get back to it later?
Or do you let it go (irrespective of what the loss size is)
until you see an appropriate entry point for the first recovery trade?

I'm thinking of hedging a trade with a pending order 100 pips away and to get back to it later.
Do you see a problem with this idea?

Many thanks in advance.

Regards
Bill
Have a nice day
  • #11,619
  • Edited 4:55pm Jun 24, 2012 4:00am | Edited 4:55pm
Hi All,

Just got the test EA back from a mate of mine who paid a programmer to do it for him.
I'm about to test this on a demo account this week.
To see if there are any bugs in the system.

PLEASE SEE CHANGED EA ATTACHMENT.
BUG FIXED IN THIS ONE.
WAS OPENING MULTIPLE TRADES AND BLEW UP ONE ACCOUNT IN 20 MINS.

WORKING FOR ME ON M1 ALL PAIRS THIS MORNING SO FAR.
Please ensure that you set your own Lot size for your liking.

Kind reguards,
redman08
Attached File(s)
File Type: mq4 Custom_Tma_EA_mod2.mq4   17 KB | 1,028 downloads
  • #11,620
  • Edited 6:39am Jun 24, 2012 6:02am | Edited 6:39am
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Quoting billv
Hi Guys

I have a question for those of you who use the recovery method.
What is the exact process you use to intervene when a trade goes wrong?

Do you constantly monitor a trade and as soon as it reaches your limit you hedge it and get back to it later?
Or do you let it go (irrespective of what the loss size is)
until you see an appropriate entry point for the first recovery trade?

I'm thinking of hedging a trade with a pending order 100 pips away and to get back to it later.
Do you see a problem with this idea?

Many thanks in advance....
Hi, personally I don’t hedge or even try to profit from a recovery. If a trade goes against me more than 30 pips I set TP to BE if it keeps going against me I wait until around -100 pips I look to re-enter in the same direction on a valid entry like a new trade at the same contract size for the 1st recovery 2x contract size for the 2nd and 4x for the 3rd I never made it passed the 3th recovery, remember your trying to break even so if your original trade is – 80 pips as soon as your recovery trades covers the loss close all trades the original will be a looser but it will be covered it’s the total of all the trades that count not the –or+ of each trade.
Do you constantly monitor a trade? I use the price alert indicator it monitors I wait for alerts.

Also thanks to Redman08 for the EA its really cool because of the source code thanks again will be testing this week also and post results.
PC.
Of all the things I've lost I miss my mind the most .
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