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Extreme TMA System

  • #12,741
  • Aug 28, 2012 6:24am Aug 28, 2012 6:24am
Hi Al. Thank you for contributing to the forex factory forum and for sharing your expert advisor!! I have been having problems with trading the forex and i have been looking for someone i can meet to help me out with my trading. I initially was making gains but i began to loose significantly.

Please sir could you help me out?

Thank you and God bless.
  • #12,742
  • Aug 28, 2012 6:25am Aug 28, 2012 6:25am
Quoting tp0440
Al, template only starts indicators, not much more.

Users are still using the old indicators with old setting. People should either rename the old indicators or delete them, but than the old templates won't work (I guess).

Settings work for you as you changed settings on your computer, but that is not tranfered with template.

If you all want this to work, create new indicator names with new setting, apply them to trade stations and crate also new templates. Than everything will work.

Alternative: traders should change indicator setting manually...
Hi tp0440

How to set the indicators?
AlL TMAPierod set to 20 and ATRMultiplier to 2.0 including D1 W1 ? Am i right?If not ,please tell me .Thanks.

Regards.
Fishcoo
Attached Images
  • #12,743
  • Aug 28, 2012 6:39am Aug 28, 2012 6:39am
Al, maybe it is bug with cache on FF. Try to rename template and upload it again.
  • #12,744
  • Aug 28, 2012 6:39am Aug 28, 2012 6:39am
2 of the indicators in the zip file are dated 8/27 but for some strange reason the template is dated 7/3.
  • #12,745
  • Aug 28, 2012 6:40am Aug 28, 2012 6:40am
Quoting Fishcoo
Hi tp0440

How to set the indicators?
AlL TMAPierod set to 20 and ATRMultiplier to 2.0 including D1 W1 ? Am i right?If not ,please tell me .Thanks.

Regards.
Fishcoo
Correct, but you seems to be using some other sort of indicator. Perhaps this is the source of problems. Apply the ones from post 1 or search for the faster version of it created by Trainman (Fast TMA), which uses considerable less PC resources.


BR
  • #12,746
  • Aug 28, 2012 6:46am Aug 28, 2012 6:46am
I have reduced the packet file on post 1 to contain only the indicators and the template. I removed all the manuals, EA, etc.

I tried opening it in another computer and it opened fine. This should work.

Please, tell me if it works ok now. It is attached to this post also.
Attached File(s)
File Type: zip New Packet.zip   47 KB | 1,831 downloads
Observation is the path to discovery.
  • #12,747
  • Aug 28, 2012 6:49am Aug 28, 2012 6:49am
Yes, it works now.
  • #12,748
  • Aug 28, 2012 6:51am Aug 28, 2012 6:51am
Quoting Skip2k
Yes, it works now.
OK good. When you open it, if you see the numbers are scrambled on the right of the TMA Slope MTF indi, just exit MT4 and restart and it will be fixed.
Observation is the path to discovery.
  • #12,749
  • Aug 28, 2012 6:57am Aug 28, 2012 6:57am
Quoting Alorente
OK good. When you open it, if you see the numbers are scrambled on the right of the TMA Slope MTF indi, just exit MT4 and restart and it will be fixed.
Not necessary. If You switch it to other TF and then switch back it will be fixed.
  • #12,750
  • Edited 7:45am Aug 28, 2012 7:13am | Edited 7:45am
Quoting Alorente
OK good. When you open it, if you see the numbers are scrambled on the right of the TMA Slope MTF indi, just exit MT4 and restart and it will be fixed.
Thanks Al.The new template works well now. But why the H4 D1 TMA slope is so different between my chart and yours?
Eg, I find that there is great different between FXCM and OANDA.FXCM H4 = -0.66 OANDA=-0.57 now.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: FXCM.png Size: 75 KB
Click to Enlarge Name: OANDA.png Size: 62 KB
  • #12,751
  • Aug 28, 2012 7:41am Aug 28, 2012 7:41am
Fishcoo, switch to D1 TF and you will see Thats why i don't like this indi.
  • #12,752
  • Aug 28, 2012 7:48am Aug 28, 2012 7:48am
Quoting Skip2k
Fishcoo, switch to D1 TF and you will see Thats why i don't like this indi.
Switch to D1 TF,the H4 TMA slope is different from the slope i see on the H4 TF , what's why?
  • #12,753
  • Aug 28, 2012 7:58am Aug 28, 2012 7:58am
Exactly. It calculates correctly current TF and higher. The lower TF calculates incorrect.
  • #12,754
  • Aug 28, 2012 8:44am Aug 28, 2012 8:44am
Please correct me if I'm wrong:

GU is heading to D1 upper band (?)
EU same
EJ same

Market is ranging right now and will continue to do so the whole week (my bias, because big news coming out for the end of the week, also it's end of summer vacation, etc).

As so, I have +.44 for D1 and -50 for H4; so I fell a bit confuse with the new setting. Maybe you more experienced traders could give me some insight?
So the best way to manage this is to wait for the sell signal after PA pass trough D1 upper band ?

Regards,

Fable
  • #12,755
  • Aug 28, 2012 8:55am Aug 28, 2012 8:55am
Quoting Fishcoo
Thanks Al.The new template works well now. But why the H4 D1 TMA slope is so different between my chart and yours?
Eg, I find that there is great different between FXCM and OANDA.FXCM H4 = -0.66 OANDA=-0.57 now.
Maybe one started the week at a different time than the other and the H4 bars are not the same... The difference is not very important.
Observation is the path to discovery.
  • #12,756
  • Aug 28, 2012 8:59am Aug 28, 2012 8:59am
Quoting Fable
Please correct me if I'm wrong:

GU is heading to D1 upper band (?)
EU same
EJ same

Market is ranging right now and will continue to do so the whole week (my bias, because big news coming out for the end of the week, also it's end of summer vacation, etc).

As so, I have +.44 for D1 and -50 for H4; so I fell a bit confuse with the new setting. Maybe you more experienced traders could give me some insight?
So the best way to manage this is to wait for the sell signal after PA pass trough D1 upper band ?

Regards,

Fable
The D1 band will repaint in the end. The best way id to enter 3 orders. The first one now, the second one on touch of the band and the third one above the band. If it never crosses the band, you are in with two trades and you can get the third one on the way down. I like to average my entries and my exits. It is impossible to catch the perfect top.
Observation is the path to discovery.
  • #12,757
  • Aug 28, 2012 9:03am Aug 28, 2012 9:03am
Quoting Fable
Please correct me if I'm wrong:

GU is heading to D1 upper band (?)
EU same
EJ same

Market is ranging right now and will continue to do so the whole week (my bias, because big news coming out for the end of the week, also it's end of summer vacation, etc).

As so, I have +.44 for D1 and -50 for H4; so I fell a bit confuse with the new setting. Maybe you more experienced traders could give me some insight?
So the best way to manage this is to wait for the sell signal after PA pass trough D1 upper band ?

Regards,

Fable
Imagine 2 people caught together inside one elastic band; one person weighing 300 pounds and the other one weighing 75 pounds. They try to distance themselves from one another. They walk and walk and they reach a point where the elastic doesn’t stretch anymore. What happen ?
OK, I never tested it, but I’m pretty sure that the 75 pounds one will fly back to point 0.

Now if we apply that theory to this awesome, extraordinary, incredible, awesome (did I say that already) indi with the analogy that D1 is the 300 pounds guy and H1 is the 75 pounds one, chances are that when the elastic band is stretched, H1 will fly back to D1.

Original post: http://www.stevehopwoodforex.com/php...p=19611#p19611
  • #12,758
  • Aug 28, 2012 9:09am Aug 28, 2012 9:09am
Thank you so much for the Extreme TMA system!!! It works a great deal. I am a 1 minute trader and i just installed it because i came to forex factory as a sad fore trader having lost almost all my money in trading using classic indicators on the metatrader 4. I then downloaded and installed the Extreme TMA system and voila! It works on my demo. I am now planning to implement on my real or live account and i will be studying it the more in the next few hours to master how to use effectively.
Thank you Mr. Alorente and God bless.

I will be looking forward to learning more from you and other advanced traders than myself whenever i connect to the internet to trade the forex.

Blessings.
  • #12,759
  • Aug 28, 2012 9:10am Aug 28, 2012 9:10am
( Bassramy, you really deserve all the praises and honour. You were like the able deputy when AL wasn't around and that kept this thread alive. You were able to answer a whole lot of our questions with a lot of patience. Congratulations!!! )

( +1 Bassramy )

( Bassramy, well done I knew you could do it when I recommended you take over in Al's absence. You did a very good job, congratulations on the Hall of Fame.

Al and Br, your efforts are much appreciated. )

Thank you guys for your sincere comments.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #12,760
  • Aug 28, 2012 9:12am Aug 28, 2012 9:12am
Just In, Consumer Confidence In U.S. Declines By Most Since October.
Master Your Setup, Master Your self. (NQoos)
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