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Extreme TMA System

  • #12,681
  • Aug 27, 2012 3:29pm Aug 27, 2012 3:29pm
Hello All

For me is a big surprise you returned again to this thread, and thanks for those update and recommendations by the way.

Hi to all again

Jose
  • #12,682
  • Aug 27, 2012 3:55pm Aug 27, 2012 3:55pm
Dear Alorente
Thank you for your effort. You are very good person.
Best regards.
Bülent
  • #12,683
  • Aug 27, 2012 3:56pm Aug 27, 2012 3:56pm
Quoting rumbaut
Hello All

For me is a big surprise you returned again to this thread, and thanks for those update and recommendations by the way.

Hi to all again

Jose
Gracias, José. Saludos.
Observation is the path to discovery.
  • #12,684
  • Edited 5:39pm Aug 27, 2012 4:28pm | Edited 5:39pm
Quoting Alorente
I am attaching the new 20 period Slope indi and a new MTF indi created by Baluda which also works with the 20 period and shows several slope indi time frames on the same window.
Hello, Al. As far as I understood if we will change TmaSlope.v1.5 Normalized settings from 56 to 20, we will receive the same values as in Baluda's TMASlopeMTF indicator, right? TmaSlope.v1.5 Normalized works more stably and consumes less resources. At least on my computer. And I like highlighted "Buy Only" and "Sell Only" zones.
  • #12,685
  • Aug 27, 2012 4:59pm Aug 27, 2012 4:59pm
[quote=Alorente;5961878]After careful deliberation I have decided to join my friend Nanningbob and change the period setting of the Slope Indicator from 56 to 20.

Hello Al,
I'm sure I echo the sentiments of many as I thank you and Bass once again for your leadership in this thread.

My question is, if we are to change the Slope Indicator period from 56 to 20, should we also change the FastTMA period occurances to 20 as well?
Thank you
  • #12,686
  • Aug 27, 2012 5:37pm Aug 27, 2012 5:37pm
Quoting Alorente
After careful deliberation I have decided to join my friend Nanningbob and change the period setting of the Slope Indicator from 56 to 20. Bob´s painstaking research has determined that the setting of 20 is better for two reasons:

1- Much less repainting. Only 20 candles will suffer repainting instead of 56.

2- The new -0.8 to 0.8 Super Range. With a setting of 20, our normal ranging zone of -0.40 to 0.40 will remain the same, BUT a new Super Range is created between 0.80 and -0.80. The new Super range rule is simple:

[b]When Slope is above...
Al, thanks for sharing the upgrade with us. Does this mean that the we replace the old TMA Slope indicator with this new one?
************************* Knowledge is an endless research
  • #12,687
  • Aug 27, 2012 6:38pm Aug 27, 2012 6:38pm
Quoting fredgold3434
hi
Somehow in my main chart i dont see MTF TMA lines.anybody has any idea how can i fix this?
thanks
fred
I've same problem. Comparing with old Paket versions it seems missing ExtremeTmaLine on the new Paket.

I wonder what went wrong.

Thanks in advance.
  • #12,688
  • Aug 27, 2012 7:02pm Aug 27, 2012 7:02pm
I'm not seeing the new indicators in the template included with the packet on post 1.
  • #12,689
  • Aug 27, 2012 7:13pm Aug 27, 2012 7:13pm
Quoting odellcash
I'm not seeing the new indicators in the template included with the packet on post 1.
Why not download the three indicators directly from post #12679 and include them in your charts. Re open your charts and attach them individually. That's how i did mine and it's okay.
************************* Knowledge is an endless research
  • #12,690
  • Aug 27, 2012 7:14pm Aug 27, 2012 7:14pm
Do we also need to change to time period of each of our "ExtremeTMALine" lines? They each have a TMA period of 56.
  • #12,691
  • Aug 27, 2012 7:17pm Aug 27, 2012 7:17pm
Quoting Tess1
Why not download the three indicators directly from post #12679 and include them in your charts. Re open your charts and attach them individually. That's how i did mine and it's okay.
Well I guess because I'm seeing things that don't match, like the time period for each TMA slope on the chart (which are set to 56). I'm currently using THV4Info panel and its slopes do not match the new indicators that I did in fact attach manually.
  • #12,692
  • Aug 27, 2012 11:25pm Aug 27, 2012 11:25pm
Quoting Alorente
...change the period setting of the Slope Indicator from 56 to 20....
Thanks for the changes to the rules, the indi's and, especially, for starting this thread in the first place!

And thanks, again, for returning to the thread, taking valuable time away from your personal life, to better help us bunglers (me) muddle through!

Much credit goes to Bassramy, as well, for keeping the thread alive and well during your hiatus! Thanks, B.R.!

BTW since you're changing the rules on Post #1 again, you might consider updating the last two sentences of Rule 1:

"...M15, H1 and H4 slope values must be either Ranging or in the direction of your trade (Sell Only for shorts and Buy Only for longs). The D1 and W1 TMA slope values do not need to be checked."

to reflect what you said in post #12467:

Quoting Alorente
Yes. If using M15, then you should also use H1 and H4 for slope value and D1 to make sure you have enough pips left to the opposite band. If you don´t use M15, then use slope values of H1, H4 and D1 and make sure the W1 TMA still has room to the band.
Using D1 and W1 to judge the amount of "room to go" seems like a valuable addition to the rules of the system, at least IMHO.
The mind thinks, the heart knows...
  • #12,693
  • Aug 27, 2012 11:32pm Aug 27, 2012 11:32pm
Quoting Alorente
Bassramy, your dedication and positive contributions have landed your name in the Extreme TMA Hall of Fame. Congratulations.
Congratulations, from all of us that have benefitted from your great information, B.R.! You deserve it!
The mind thinks, the heart knows...
  • #12,694
  • Aug 28, 2012 2:11am Aug 28, 2012 2:11am
Quoting Skip2k
Hello, Al. As far as I understood if we will change TmaSlope.v1.5 Normalized settings from 56 to 20, we will receive the same values as in Baluda's TMASlopeMTF indicator, right? TmaSlope.v1.5 Normalized works more stably and consumes less resources. At least on my computer. And I like highlighted "Buy Only" and "Sell Only" zones.
That is correct. If you prefer 1.5 normalized, you can continue to use it. I only have the Baluda MTF on my screen. It has all the info I need.
Observation is the path to discovery.
  • #12,695
  • Aug 28, 2012 2:13am Aug 28, 2012 2:13am
[quote=Spidey;5962054]
Quoting Alorente
After careful deliberation I have decided to join my friend Nanningbob and change the period setting of the Slope Indicator from 56 to 20.

Hello Al,
I'm sure I echo the sentiments of many as I thank you and Bass once again for your leadership in this thread.

My question is, if we are to change the Slope Indicator period from 56 to 20, should we also change the FastTMA period occurances to 20 as well?
Thank you
Yes, of course. Fast TMA must match the period setting of the slope indi. I will change that on the zip file. Thanks for bringing it up.
Observation is the path to discovery.
  • #12,696
  • Aug 28, 2012 2:15am Aug 28, 2012 2:15am
Quoting Tess1
Al, thanks for sharing the upgrade with us. Does this mean that the we replace the old TMA Slope indicator with this new one?
Yes, or use the Baluda MTF instead if you can get used to lines instead of the histogram. I like it because it gives you 3 slopes at once. It takes a while getting used to it.
Observation is the path to discovery.
  • #12,697
  • Aug 28, 2012 2:16am Aug 28, 2012 2:16am
Quoting onlyghost
I've same problem. Comparing with old Paket versions it seems missing ExtremeTmaLine on the new Paket.

I wonder what went wrong.

Thanks in advance.
I will fix the templates today and post the new zip file.
Observation is the path to discovery.
  • #12,698
  • Aug 28, 2012 2:17am Aug 28, 2012 2:17am
Quoting odellcash
Do we also need to change to time period of each of our "ExtremeTMALine" lines? They each have a TMA period of 56.
Yes. Change them all to 20.
Observation is the path to discovery.
  • #12,699
  • Aug 28, 2012 2:19am Aug 28, 2012 2:19am
Quoting Ever E. Man
Thanks for the changes to the rules, the indi's and, especially, for starting this thread in the first place!

And thanks, again, for returning to the thread, taking valuable time away from your personal life, to better help us bunglers (me) muddle through!

Much credit goes to Bassramy, as well, for keeping the thread alive and well during your hiatus! Thanks, B.R.!

BTW since you're changing the rules on Post #1 again, you might consider updating the last two sentences of Rule 1:

[b]"...M15, H1 and H4 slope...
Thanks Ever. I will check all the rules carefully and make the appropiate changes.
Observation is the path to discovery.
  • #12,700
  • Aug 28, 2012 2:24am Aug 28, 2012 2:24am
Quoting Alorente
Yes. Change them all to 20.
Hi Al

when I change the TMAPeriod to 20 , I see the difference between 56 and 20 is so large,so should the rules on post1 be changed?

Regards.
Fishcoo
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