New Generation

Hello, everyone here on FF

I'll start by saying that some of you already know me here, and some of you already know me for a while.. I've been around on and off. I figured it's time to open up and share -- because sharing is caring.

I am starting this thread for my system I call New Generation

This system IS profitable, I am using it on my REAL account, and I have been working on this for quite a while.

The system uses 2 indicators, both are Moving Averages but separate.

The system uses Open and Close of Candles for entries and exits. Its a manual system not an EA.

That gives us the accuracy that is required to measure everything.

I'm utilizing 3rd Generation Moving Average on Default settings.

and 10.2 TMASlope True (Non-Repaint)

I use 4H time frames and 8H Time frames (still experimenting with 8H Time frames)

Anything below this is to much noise.

Besides doing that part of the system is to collect Data to establish patterns.. This is where Excel comes in. Every trade is entered into Excel.

Entry -- High -- Low -- Exit

We do that to establish patterns and maintain consistency.

Each curruncy has DIFFERENT settings!!

What that mean here is no one size fits all.. Each curruncy has different things for entries such as.. Price and difference between the Moving Average a lot of details.

ALL and ALL there is a lot of small details that are involved with this systems. This Details though are consistent in other words they don't change, if they are established and they have a pattern just need to remember before entering/exiting a trade which curruncy what to look for.

It will take me a while to get everyone to speed and post lots of examples and details and explain everything and show everything all that jazz..

Please read this carefully.

1. Be patient please there is a lot of details involved on here, and I don't know how long or how far this thread will go so if your 6 months from now.. entering this and go to the last page and ask how does this work.. READ from the START.

2. NO DRAMA -- I've been on FF for a long time, as people can see my Joined Date.. When someone posts a system it turns into a drama frenzy.. If you don't know it, don't have anything nice to say or just love to troll.. Please do this some place else. I don't want to get burned out with this thread dealing with drama.

3. PLEASE DO NOT PM (Private Message) ME With questions about this I Repeat, PLEASE DO NOT Private message me with questions about this system!!! If you have questions ask them here.

4. There is no such thing as a stupid question, if you don't understand something ask.. BUT please don't ask things that have already been covered, I know its annoying to have to read 50 pages where its so much easier to ask a question, but if everyone does that will just have same questions being asked again and again.

5. If you have an idea a comment something to add or a question if would help everyone if you posted a screen shot trying to explain something might be lost in translation but a picture is worth 1000 words.

6. I'm posting this system to share with others, but also to get back perspective because there is so many moving parts so many currencies and so much to do - Sometimes someone might be able to discover something new add something to it or generally make it better, I welcome that.

7. Do not derail this about conversations about the weather on Sunday, but lets keep it related to the system. So that we can keep the noise clear if you wish to post a trade here that you took with the systems or stuff like that perfectly fine, but as long as its all related so that when others come and catch up later on they don't read to transcripts of chat, about things not related.

8. I've been around for a while, and I'll stick around it.. I'm going to continue working on this for long time to come because it works and I hope to make it even better.

9. I will keep editing this 1st post taking things out and putting things in as time goes by to make it easier on everyone.

10. So I hope everyone who joins me, who tries this and who becomes my new best friend(s) will all have green pips for long time to come.


So now to business!

Very Important.

My settings on the system, will be different then your settings for the TMA Slope! by settings I mean what period were looking for in terms to confirm an entry. Reason for that being is that the Brokers we use have different time frames and because we use open and close candles its going to give different Slope readings on different brokers so my settings could be either to late or to early for an entry. I'm going to offer as much help on the settings as possible, and later on when more established write a tutorial about that.

I'm posting the indicators in this 1st thread next thread will start the instructions.

Okay prepare to be dazed and confused.

I'm using an example AUD/USD

This is the 1st instructions of many so will start with the BASICS.

The system only uses 2 Indicators.

3rd Gen Moving Average

10.2 Tmaslope True (Non-Repaint)

The 3rd Gen MA is on the Main Chart.. Its the Thin Red Line.. For those who are not familiar.. 3rd Generation Moving average is a moving average only it has very minimal lag, it tends to fixate itself to the price. Our settings on both indicators are set to default so I'm not posting screenshots and you apply this indicators the same way you would any other indicator you put in the folder.

10.2 TmaSlope is digized version of MACD -- If you compare to the two put one on top of the other they have a resemblance like cousins. That is because TMA slope stands for Triangular Moving Average, It almost like a weight system type indicator but because of its functionality it works perfect as confirmation.

Besides using this 2 indicators -- Other things are also used -- Such as As I said earlier ALL time frames are at least 4H!

The 4H TF acts as noise deducer we also use ONLY the OPEN and CLOSE of candles -- So even though we don't use Programmed tools, this are still things that are also built into it the functionality of operations.

Amongst other currencies which will be detailed we use other things to help problem solve -- problems.

So what is a problem?

A problem is anything that is identified to be in a pattern of events that helps us from achieving the objective. Now keyword here is PATTERN OF EVENTS.

Losing is not a problem!

For example, if we see we get to many false signals, in a certain curruncy but its almost ambiguous we tend to find a way to minimize this noise and false signals. Now, I was able to do a lot, but I couldn't do it all and there is no way to bring this up to 100% efficiency but it is efficient enough to make pips.

So I choose the AUD/USD because in 22 months.. Starting from June 2012.. It had NO losing months AT all! It had Breakeven months 7 to precise but no losing months. (At this time of date its 7.. if your reading it 6 months from well you get it.)

The basic of this is that the entries will always be the same but each curruncy has different tweaks. GBP/USD Will not be tweaked like AUD/USD and -- USD/CHF won't be like GBP/USD nor like EUR/USD etc... SO even though the BASICS are the same we have different tweaks.

Okay so starting with AUD/USD

The Basics that Apply to every Chart.

#1 The Price.. I.e Candle is ABOVE OR BELOW the 3rd Gen MA

#2 We need to have a previous Candle OPEN and CLOSE (like Open and then close and then Open a new candle) ABOVE THE LINE -- IF The candle is Currently CROSSING THROUGH the LINE have to wait for it to cross through for the next candle to OPEN and CLOSE and Only that Candle will be a satisfying candle for entry.

#3 TMA has to have a CLOSED histogram PREVIOUS bar to the current one close at the level required for that Curruncie.

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For AUD/USD

I'm using 0.75 TMA Slope +/-

+/- Means Plus and Minus.. Meaning that for the Upside its 0.75 and -0.75 for the downside.. Tma Slopes are ALWAYS Equal so if your doing 0.4 then it has to be -0.4 etc..

The further out TMA you go.. The more you have to wait for a confirmation.. Some curruncies only have 0.25 +/-

While AUD/USD has 0.75 +/-

Reason for that is.. Some currencies have more NOISE so in order to not get false signals.. We need to confirm away from the noise but still have enough meat on the bone.. the way that we deduce this settings are trial and error..

Now you don't have to try and forward test because were using OPEN and CLOSE Candles we have Utmost accuracy. We know EXACTLY where the entry is don't have to guess somewhere within the candle we know its ALWAYS the OPEN of the Candle when everything lines up.

AUD/USD has no tweaks it uses the BASIC rules of Entry to a position with 0.75 +/- TMA setting.

You can use the default setting I do.. but our results are always going to be different to the Candle Open and Close of time that the Broker uses. One of My broker uses London time and another uses -2 so the candles differ in opening and closing so the TMA's don't match.

So even though our entries will be off by a few pips the trends and price movements are still the same.

So if you look at this Screen Shot there is 3 Arrows..

The Green Vertical line acts as a marker the OPEN of that CANDLE is the entry.

#1 the candle to the left of the Green vertical line is open and closed ABOVE the 3rd Gen MA (the red line that is hovering below the price)

#2 the PREVIOUS Histogram BAR on the Tma Slope the Green bar at the bottom indicator to the LEFT of the vertical line going across it has CLOSED AT or above 0.75

#3 is our entry the OPEN of that candle which was on March 25th 2014 0.9139 On my chart is the entry.

That is the whole basis of BASIC entry. ALL currencies FOLLOW the BASIC entry UNLESS there is exception to the rule but at this point all currencies follow this 2 Steps of entry Above the 3rd Gen MA and Previous histogram bar is closed at your setting level.

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Exiting

Each curruncy has its own exit mechanism.. The AUD/USD has 2 components...

B/E (Breakeven)

Stoploss

There is no other exiting method for this that I came up with..

So there is 3 options

It will either hit the take profit
It will either cross 80 pips threshold and Stoploss is moved to B/E
it will either get stopped out

The take profit is 100 pips
The Stop loss is 100 pips
Breakeven is after it has crossed AT or ABOVE 80 pips - Stoploss becomes B/E and if it TP is not reached.. Then its B/E!

This Image shows all 3 trades for March.

There is roughly about 1-5 trades per curruncy per month but if your adding currencies can do up to 30 or even more trades depending on amount of currencies trading.

How did I reach a conclusion that 100 is TP and 100 SL

By collecting every trade and analyzing them for patterns I'm going to do a separate thing for that too explaining.

So every trade past and present is put into Excel or piece of paper however you like to keep track of things.

It serves 2 purposes.. Establishes settings, and makes sure that we have consistency and normal behavior.

How do we look for normal behavior by looking at established patterns already in existence FROM the Data.

Its like Science in Forex.

I know there is a lot of information here and its not 1-2-3 thing, its not super complicated, but it does take time to tie your head around all of it, and its difficult for me to be able to convey everything without confusing everyone, because its not a system that apply the same way to every trade.

Once its applied though it stays the same way -- So its just learning to apply and you got it.

The Excel part

So the Excel is simpler then it looks all we do is collect Data.

So I'll explain everything.. I created this and I manipulate all the time..

Date.. Is the Trade opening Date
Time.. Time we opened the trade
Positions.. Long or Short (trade direction)
Entry.. Entering into the position
High.. High of the trend
Low.. Low of the trend
DD.. Draw Down (we calculate the DD by subtracting either the HIGH or LOW against the entry)
Poss Gain.. Possible gain.. How far did it go in our direction from entry.

TmaSlope4H.. We Record the Tma Slope entry It always in this case has to be AT or above 0.75 +/- for the AUD/USD

The Green bars and the Red Bars are just indication to me if TP Was hit or S/L was Hit and you don't see on here but Orange is B/E HIT.

Obviously green is GO so its TP and Red is Loss -- So SL

This Don't apply to the Data we need for AUD/USD
Exit/Date time -- What Date and Time did we exit..
Exit.. Where did We Exit
Ent-Exit.. We subtract the entry minus the exit to get pip count

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How Do we calculate High and Low.

Once we have an entry.. I place a marker.. Its a visual be like hey there is a trade here have a nice day!

I use Green and Red Verticals to indicate Long or Short entries.

Once we have an entry we let it play out till Conclusion and then go back and scoop the Data. Even if we are in this trade at the end will still scoop the Data.. Regardless if we hit TP or SL.

The way we calculate Drawdown is by how far did the price drop AFTER we entered.. So that is our LOW -- if it was a bust.. Such as we enter and boom just Drawdown.. I sometimes leave a black box just indicate the whole thing was a Drawdown but its however you can identify with it as long as you measure the low from entry.

You don't have to go crazy and say if you entered and it rallied 200 pips against you and say 200 pips drawdown.. Can bring it to the closest High if that's what happened..

For example on the short trade.. The Low was only about 40 pips.. It did not reach our T/P and then reversed. I put that the High was the high of the Candle before the drop to indicate to me that from me entry it went 15 pips DD and then 40 pips into Possible profit.

I know that It didn't go to or above 100 pips so I know that my TP wasn't hit, so I know that it was stopped out, I don't need to follow the rally of the DD all the way up and say it was 300 pips!

The small details are better in terms of projectory of what to expect, and then draw conclusion from that such as it went 40 pips to possible profit it didn't hit my TP so then by default its a loss, in AUD/USD case. Other currencies we would follow to the exit and take down the exit.

I will be detailing different currencies so don't worry.

False Signals

So what are we filtering using this method is False signals -- False trends.. now we can't catch'em All as obviously shown on example #2 where the short only gave us 40 pips as opposed to our full rally.. nothing is perfect, but we manage to filter out a very decent amount of false signals.

For example in the Image I've been using as sample there is 2 false signals that didn't get confirmed by the TMA.

Now even though the Long position one the upper Arrow one came close to confirming.. It was literally just about to touch 0.75 It never did! and then what happened it dropped back down! from .9138 to .8990something

and then again we had that drop the 3rd Gen it crossed it and it gave a signal for an entry but the TMA did not confirm once again not even close this time.

and then 3rd time We got confirmation for the up movement.

I prefer personally to take all trades and the thing about this system is that you don't need to look at fundamentals or news or reports. Its 100% technical and doing anything else will cloud the results, and the results are good! 22 Consecutive months with NO loss on AUD/USD.. On 5 Currency pairs since 2012 Jun.. This system has made over 8,000 pips. When combining all the trades together.. Just off 5 pairs!

This chart is bare-bones I've made to pair currencies together to complement them all you see is the month the curruncy and the amount of pips it gained lost that month and the totals.. I call it my Pod Builder.. I look to see which currencies to group with each other based on performance so they compliment an account.

This is not the most exciting way to trade its a Mechanical way to trade this is a Mechanical system.

We wait for things to line up, and we take a trade.. It's best not to question it.. Because it has proved me wrong 100 times. I thought I was smarter then this system, even though I created the damn thing, but it beats my picks.

Not every month is profitable, and not every trade is either, the big picture can be seen in the picture it works, and now I'm not trying to sell it to anyone I'm giving it to you guys!

Training and teaching you very badly I feel, but will work on it. We got time!

Now the whole idea behind this system, was that I created to tackle problems I have as a trader such as lack of discipline. I've been trading for 13 years, and still I lack discipline -- Some got, and some don't.. I don't so I needed to find a way to get it. This system tackles a lot of problems from worrying what is going to happen, to news and reports and everything else.

All the numbers in the bare-bone pod builder are all pips.. No cash value attached to it, so it could be whatever risk you are comfortable with, but the system itself is limited Risk/Reward

What that means is that a rally can go for 400 pips but our TP is 100 pips.. I don't personally utilize trails or anything, but its up to the individuals to construct or try new things with this.

Okay so..

TMA Slope difference between different Brokers/Meta traders

Okay so for those daring enough so far to take on this system challenge, and yes a lot of you are aware by now a lot of thinking went into everything here. This system is literally my full time job.

So I have for you here A new example that will cover new things.

This is NZD/USD only its NZD/USD on 2 different Brokers. I call it Account 1 and Account 2

Account 1.. Uses 0.25 +/- Slope TMA

Account 2.. Uses 0.35 +/- Slope TMA

WHY?!?!?!

The difference lays in the closing of the candles the way that the TMA works is that every time the price adjusts in the 4H time frame period at the end the TMA is going to do what I call a "catch up" because I don't know any real terms for this.

What happens is it adjusts the slope value AFTER the close of the candle EVEN though the TMA adjusts during so you'll see the slope moving the numbers on the TMA on the bottom in your right corner moving as the trend moves ticking up or down depending on trend at the end of the candle if it WEIGHS the calculation and readjusts the slope.

So that means every 4 Hours the New Histogrambar on the TMA is going to open Higher or Lower then when it closed Now remember that this is just the opening and it will adjusts during the new candle period.

BUT because there is that adjustment the TMA is going to reflect a different figure now the results are the same but the difference between the brokers are significant.

So take an Example..

Its 5 PM Eastern Standard time Which is in my time when the market ROLLS over or we get a new Daily candle.

Account 1 Will Roll over at 5 PM my time.. will be 00:00 all good, and we get a 4H new Candle.. say NZD/USD .8590

Account 2 On the other Hand rolls over at 6 PM my time which will be 00:00 now that 4H candle for NZD/USD will be at .8610

20 pip different between the close of the 4H candles between the 2 accounts..

So the TMA on Account 1 Is going to give 1 reading based on its calculations and weighted triangular average slope
And Account 2 will also give another reading based on its calculated and weighted triangular average slope.

The 2 readings WON'T MATCH!

So if I take your broker or anyone brokers here.. Will all have different readings. So there is no Default setting that is universal in terms of adjusting TMA as confirmation.

The only way to do that is it had to be ADJUSTED from your perspective NOW what you COULD do.. Is you can Download Demos from MY brokers and use MY data to calibrate your TMA.

You can either Download Profiforex or ForexFs Demo Meta trader stations.. I would give the Data I have and you can use it to match the time and dates to the broker you use! At some given point in the future will come up with an easier way.

The other way to do this.. is to do it visually.

Take 3 Horizontal lines from your toolbar.. and put them into the TMA slope True Window.

right click on it and click Horizontal line properties.

The Middle Tab Parameters.

Value: 0.00

2nd Line Value 0.3

3rd value -0.3

that will give you 3 lines -- 1 in the middle one on top and one on the bottom..

You visually scroll back either from todays date or further date up and down and visually look to see

Typically when I start with a new curruncie.. I either start with TMA slope values at 0.3 +/- or default values which are 0.4 +/-

I scroll up and down and just look at the MA and the TMA

Remember that the TMA is your confirmation so what your looking for is the ability to filter out as many false signals

so you adjust the TMA until you think you have a good level.

What I do after that is a Paper analysis -- I gran a piece of paper and a pen.. and I just scroll down Entries highs and lows going for 4-5 months

By doing that you get to actually measure how many false signals you have.

Because your traders are limited each month if you had more losses then winners then the TMA does not work in that setting

Now the way that you work our losers and winners is by default settings say take profit 100 pips and how many times did it reach 100 pips if not enough.. then you look to see how high/low did it go from me entry point?

Maybe 100 TP is to far.. so you need to lower it and say 80.. Sometimes 100 pips is to low

Its just a lot of tweaks and adjustments..

In this case I've done the work in NZD/USD -- TP is 70 pips and SL is 50 Pips

You DON'T have to follow my settings, BUT my settings are tested.. How are they tested your thinking..

I've tried 100 pips TP 120 Pips TP and Smaller stoplosses and higher stoplosses

and 70/50 is OPTIMAL

Because when you crunch all the Data.. 70/50 gets the best results It just does. Don't ask me why not 80/50 but it brings your average down by 11 pips..

In the image example.. I've Zoomed out so can see trades for 2 months on NZD/USD

The Green vertical are long Positions and Red are Short.

One trade didn't make it on Account 2 because TMA never confirmed and it was a false signal.

SMALL adjustments DO matter tweaking it from 0.35 to 0.36 Can make a big difference.

GPB/USD setting is on 0.33 +/-

and USD/CHF is 0.41 +/-

So doesn't have to be round numbers or even or odd can be anything.

Remember this ONE event or occurrence is anomaly and 2 is a pattern!

So what does that mean? It means if you set your setting to 0.33 +/- for example and you see your getting less or more false signals if its one its anomaly if its two its a pattern.

So the idea behind all of this is to eliminate as much false signals as possible.. You can't eliminate them all but as I said before there is X amount of traders per month on average 3..

Per curruncy.. So if your only having 1 winners and 2 losers or crazy months like win/lose/win/lose/lose That's not right. Means its not working properly!

There will be losing months.. but in the long/big picture its consistent and that is the Key importance of this system it is consistency..

I'm sure at this point whoever is reading it Within this week next week.. Would agree the Euro has been crappy.. manipulated.. Unreliable but with the system its consistent to other similar times where this same exact things happening! I'm sure same feelings were felt during those times too, but then it exited that and we went back to normal trends.

We are looking for patterns and looking at the small picture yeah its irritating its annoying, but the large picture its business as usual.

No anomaly -- nor pattern changes.

Can you give us the other slope values to help us on doing some research?

Thank your for this thread.

Hey, Kilian

Yup, I'll be supplying tons of information -- Just need to take period breaks.. it gets hot sitting here (spring is near) but, I'll be supplying tons and tons of information trades examples -- correlations etc..

More people get involved with this system more new ideas can be developed and more problem solving can happen.. I'm still problem solving issues myself with 8H Currencies that filter even more noise so smoother sailing.

Hi Palabara,

i must say that the mechanical systems have always fascinated me even though I use a lot of discretion in my trading.

I will follow you... thanks for sharing

Ciao
Sabrina

Thank you Parabara,look's nice on paper,lets go forward with this ,and have a complete understanding of your system.
Again ,thank you ..

Welcome aboard

[quote=palabara;7379210]Hello, everyone here on FF I'll start by saying that some of you already know me here, and some of you already know me for a while.. I've been around on and off. I figured it's time to open up and share -- because sharing is caring. I am starting this thread for my system I call New Generation This system IS profitable, I am using it on my REAL account, and I have been working on this for quite a while. The system uses 2 indicators, both are Moving Averages but separate. The system uses Open and Close of Candles for entries and exits. Its a manual system not an EA. That gives us the accuracy that is required to measure everything. I'm utilizing 3rd Generation Moving Average on Default settings. and 10.2 TMASlope True (Non-Repaint) I use 4H time frames and

I am in Thank you Palabara for sharing this system.

Yup it does, but the funny thing is that.. I feel that this is almost like trading paper.. because all I do is just execute the trades Via the Broker.. Spend more time documenting this trades then actually trading them.

I've been working this system for quite a while.. and Utilize this in Live accounts it is the Bread and Butter and jelly and Cream cheese and anything else you want it to be.. It's good and it took me quite a bit of time to work a lot of things.. I'm like brain vomiting on you guys a long time worth of work and research, and everyone is very humble to ask questions.. But I'll keep posting the concept is simple just its not as easy as some systems are because its new and it requires figuring out on you guys end, because I can't configure every once broker.

Fresh Trade NZD/USD

So here is a FRESH demonstration.. This is from Last Night Its still Active we only have confirmed entry 1st Trade of the Month of April on NZD/USD.


Okay so what Do we have here..

#1 -- the Price has went UNDER the 3rd Gen MA

#1 1/2 -- the Previous Candle to where we have the line running through is BELOW the 3rd Gen MA that is the 1st candle to the left of the Red Vertical line. It opened Below and Closed Below the 3rd Gen MA (what does that mean? It means that it didn't go back up to the 3rd Gen Ma the reason we wait for the close and open sometimes but it happens we might have an entry and then it goes back up to the 3rd Gen MA and crosses it.. We wait for the candle to open and close below the MA as an added confirmation typically when we have that MOST of the time they tend to stay below the 3rd Gen MA (unless its consolidating heavily like with big swings and no direction but we won't get TMA confirmation so no trade)

#2 We have TMA confirmation the Histogram to the LEFT of the Vertical line CLOSED AT -0.35 (what happens if it closed at -0.33? We have to wait.. We wait for it to close if its fluctuating or the bar is open NO trade)

#3 Our entry.. We have confirmation Price is below 3rd Gen MA the candle before it has opened and closed below the 3rd Gen MA the Tma Histogram has closed at or below -0.35

We have a confirmed Trade!

In this image can also see 2 more Confirmed trades with Lines running through March 20th 20:00 Short that didn't pan out..

and then March 26th Long 08:00 that did pan out.

One more note:

everything we do with this system we base of our entry point meaning that.. We want to get in at the open of the candle and then we set the rest of it from there.. Such as Take Profit is Entry Point + 70 pips and then Entry point -50 Pips for exit.. We base everything from Entry that's how we keep it accurate.

Highs and Lows are all based from the time of the open of that Candle!

Our entry is the gateway -- From there we measure how far it goes in both directions -- That's how we come up with Stoplosses and Take Profits by knowing from where we enter how much distance we have to play with.

If we want 150 pips but in the last 30 trades on average it goes only 110.. Mathematically the 40 pips are not worth it if it only hits 150 -- 4 times out of 30!

The basis of this its very mathematical but simple easy math someone like me can do!

Its like if your a carpenter your not going to guess what length wood you need.. Or how many nails you require.. You measure things, you start from Point A and be like Okay I'm going to Cut from here and you take measurements.. You don't guess, I think I'll go with 9 Ft and 3/4 inches today Yeah that sounds good that will get the job done today, I'll just cut it to where I think I need it and will see what happens from there, and if not I'll guess me some more until I get it right.

All we do is we plot a point then we measure from that point and then we compare that point to all the similar points that were acquired the EXACT same way!

So we don't say I think I'll trade like this and then like this and then measure it all up, we use the SAME method over and over and look at the results.

Then we know that wanting 150 pips and only getting 110 pips -- is the reality so drop your wishes for 150 and take the damn 110 and go eat your ice cream!

It also gives us the ability to know where to place the stop as safety net in terms of not getting hit by DD all the time, but only stopping out if the trend is not your friend as opposed to haha I pushed you out want to take another trade? you'll get it this time.

There was an article that said entry is not the most important thing, no but its a starting point.. We map our journey from point A till We get to the finish Line, but we need a full map in order to do that so we start with Entry and then we say okay that's how High it went and Okay that is how low it went and then say alright my exit will be here TP here -- Plot in all this numbers see how it plays out.

More is not always = to better.. I've ran numbers with TP's at 120 pips and made less then with 100 pips and made even less with 80 pips and saw 100 is the primal number that gets the best results.

Nice example screenshot in your last picture. I have a question about reentering in an existing trend. If you take a look at the left part of your image posted in post 13 you have 3 areas where the tma broke the threshold value. Would you have taken all these 3 trades or do you wait until the tma falls below a certain value before you take another long trade?

Example. Look at the 30th of March around 10 pm. You see the tma change from dark green to pink to bright green. Now assume the pink histogram bar would have been a little bit below 0.35. How would you handle that situation?

In my opinion I would not touch those signals but how do you handle them?

Its good questions and it varies to some degree but it has the all of the same underlying premise.. Is that you want to take the guess work out of it..

What it means is that, when I constructed this.. I almost did like a Program.

What does that mean.. It means you take out ambiguity out of it. You don't wonder umm do I take a trade here or I don't.. No it has to be mechanical.

So the only time you take a trade is when the previous trade is completed.. Means it has to have an exit.. So if there is a 300 pip rally and it just steaming away.. and your like dreaming of all the pips you could be making yeah its tempting but in reality you can fall prey too many false traps and then won't be nothing left trying to find rallies to re-enter.

It just better to let it steam away instead of jumping in and out because you don't know how far a rally can go and everything else its all guess work, and that's not mechanical. Sometimes you can get lucky.. One time with the Euro and I'll post it one big rally broke 3 times in other words there were 3 exits.. and 3 re-entries.. So got to ride that rally, but unless there is an exit.

Such as either through TP which says trade is finished Through S/L or B/E depending on what were trading we need a new clear cut entry meaning TMA has to neutralize and then give us new confirmation that this beast still has life.

I'll post re-entries and such to give examples.

I've never added indicators other than the ones on mt4. I downloaded yours but how do i put them on my mt4 chart.
Thanks

I'll put up instructions

If you've added MT4 Indicators its the same way only a bit different with the Build 600

I'll see if I can walk you through it real quick.

On MT 4

Click on the top left Corner "File"

Then Click on "Open Data Folder"

Click on MQL 4 once the folder loads up (assuming your using windows PC) I don't know Mac hehe.

Then the Folder Indicators

Then just paste or move the Indicators into that folder and Restart your MT 4

when you open MT 4 in your "Navigator" Box where it has your "Accounts" and Indicators and Expert Advisors etc..

Custom Indicators and they should be on top because its alphabetical and both of them start with numbers.

just double click and and click OK.

It will be on your chart.

awsome however the settings that you mentioned 0.75 and -0.75 in indicator properties are a little confusing because it has 4 columns and for eur/usd since im in a trade already its showing 0.4 and -0.4 and again both so total four. and i input 0.75 and -0.75 can you please correct me or do i delete 2 of them or theyve gotta be edited somewhere else not in levels like inputs

i think i was doin it wrong it should be edited in inputs category not levels?

It's not edited in settings, but its external.

When your looking at the indicator the bars on the TMA your looking at this levels so you can put horizontal lines and input the levels so that when its crossing or touching the line you can move the mouse over the bar to see what was the level

The actual settings of the indicator(s) are left default.

So in the images I was showing the pictures with the arrows on the bottom I'm referring to those bars they are called Histograms.

a diagram consisting of rectangles whose area is proportional to the frequency of a variable and whose width is equal to the class interval.

So were looking for those Histogram bars to raise or fall into positive or negative territory.

What this does is.. It indicates if there is a trend building up and momentum but its a Triangular Moving Average that measures the slope

A Triangular Moving Average is an average of data calculated over a period of time where the middle portion of the data has more weight.

When creating this system I've literally tried over 100 different indicators to act as a filter and all fell into the same traps. This Indicator is unique due to the what it measures and how it measures it, its indirection is its strength. Instead of measuring the Trend, it measures the slope of the trend via Weighted Moving Average, its really brilliant.

So it tends to avoid pit falls, but it still has its own problems its not perfect -- But Back in the day Market used to Whipsaw like it was normal thing a Whipsaw is also for those who don't know Its when The market would fly up then fly down Then and then go back to where it was.. A movement like that would cause the indicator to react and readjust the slope heavily, when the momentum is all gone it was just a whipsaw move.

So back to the question the data on it is already displayed in the indicator window you can just draw the horizontal lines to indicate the levels such as +/- 0.35 and such.

Note: Sorry if this looks messy, I have a headache now.