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  • #6,701
  • Jun 26, 2015 9:54am Jun 26, 2015 9:54am
Just looked to sell this GBPCHF and placed a pending order but then the MB turned green so deleted it...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpchfm1.png Size: 56 KB


So far so good as its kept me out nicely so far...
Feel the Fear and do it anyway!!!
  • #6,702
  • Jun 26, 2015 9:55am Jun 26, 2015 9:55am
Clive, TMA repaints past data, a lot. check this thread
http://www.forexfactory.com/showthread.php?t=299019
  • #6,703
  • Jun 26, 2015 10:02am Jun 26, 2015 10:02am
Quoting pres78
{quote} Exactly... it catches all the turns because well after a turn has been confirmed it's not too hard to mathmatically place your band there when that's what it programmed to do. Your top 3 arrows are all 25 level entries which you could get into as easily with your HMA or LMA or whatever and the CCI... Let's see what next week brings, perhaps you will find the key to trading the TMA live on the right edge of the chart. Best of luck my friend.
Thanks Pre78 appreciate your comments, I hear what you're saying but if it was constantly repainting after the signal wouldn't we see some big deflections to confirm that?? Most of the signals I see looking back have the lower or upper bands in place and flat so didn't react as no need to, they were there same time as price.


But like you say lets see what happens next week, even if it just gives me a further confirmation that would be good for me , but I tell you what I'm finding its doing right now, its helping me with my inner demons the fear of missing out and the fear of leaving something on the table.

I find myself waiting for price to come back to the bands before entering and that s a big thing for me. Always rushing in where the devil fears to tread... Been like it all my life so its nice to have it under control waiting for the bands to be hit...

GBPCHF has charged on I see so it kept me out of that sell...which would of cost me.

But of course your right lets see what next week brings...

Please keep posting it helps enormously...
Feel the Fear and do it anyway!!!
  • #6,704
  • Jun 26, 2015 10:10am Jun 26, 2015 10:10am
Quoting XxLessoxX
Clive, TMA repaints past data, a lot. check this thread http://www.forexfactory.com/showthread.php?t=299019

Thanks I will do and yes I'm becoming ever more aware of this repainting issue, but also I can see where its done that because price has pushed it around whereas most signals it holds its ground and price moves away from it... so when I'm trading an entry I'm constantly aware of whoose pushing who and who's holding their ground...

My theorey is that if the TMA holds then the middle band will stay the same colour but if it doesn't hold eg repaints around price then the middle band will give me the heads up and I'll leave those signals alone..

Oh shite just missed a signal from GBPNZD, have a look at this see how price deflected the BB but it held?? A pending buystop would of caught that move a treat...

Attached Image (click to enlarge)
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I will have a look at that site and many thanks for taking the time to comment its much appreciated...
Feel the Fear and do it anyway!!!
  • #6,705
  • Jun 26, 2015 10:19am Jun 26, 2015 10:19am
possible sell looming here...if I see the top band hit I'll go for this one even though its against the 5 min trend as end of week and a Friday so LO boys will be looking to bank some end of week profits with a bit of luck...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 53 KB
Feel the Fear and do it anyway!!!
  • #6,706
  • Jun 26, 2015 10:29am Jun 26, 2015 10:29am
another one missed work does get in the bloody way...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 54 KB
Feel the Fear and do it anyway!!!
  • #6,707
  • Jun 26, 2015 11:09am Jun 26, 2015 11:09am
Took this one but didn't hit the Lb so out for BE and its all looking very rangy now so will leave alone until it gets moving a bit more...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 54 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 63 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eurcadm1.png Size: 55 KB


Attached Image (click to enlarge)
Click to Enlarge Name: gbpcadm1.png Size: 72 KB


Some examples happening right now but what with work on a Friday afternoon and looking at wrong chart I think its safe to say theres something in it just needs practice, patience and the screen time to watch it...

Wonder if I can get someone interested in coding a tma indy with some alerts when the bands are hit??

Oh well lets see what happens next week...
Feel the Fear and do it anyway!!!
  • #6,708
  • Jun 26, 2015 11:10am Jun 26, 2015 11:10am
Hi Clive et al. I havent posted for a while as i had my trading confidence knocked and havent traded recently. Its time to get back on the horse soon. Just reading the posts about the TMA and thought i would link you here..

http://www.forexfactory.com/showthread.php?t=299019

Attached File(s)
File Type: mq4 TmaTrue.mq4   7 KB | 274 downloads


As i understand, the TMA true can be used for visual backtesting as it does not repaint. The middle line is a LWMA and the outer bands can be adjusted to different ratios of ATR.
  • #6,709
  • Jun 26, 2015 11:19am Jun 26, 2015 11:19am
I'm not sure yet but I'm pretty happy this TMA is not repainting much after the signals but I can see price pushing it about a bit but then thats because its updating itself as it goes.. Also if price pulls back too much the middle band changes colour so if the TMA outer bands don't hold price I'm out anyway...

One thing it was certainly doing was keeping me out from quite a few CCI signals that occurred no where near the TMA but going forward I might start looking to take CCI signals when price is very close to the outer bands...

It also stops me over trading as its that extra filter to keep me out of bad entries when my fear of missing out cuts in, one thing you can see looking back is to again never sell near the bottom band and to never buy near the upper band, thats certainly a big no no... But always has been just now it makes it even clearer with these upper and lower bands.

Its going to stop me taking too many trades and hopefully some really good ones as I only need 20 pips per day..


I do like what I'm seeing as I trade it but very early days....
Feel the Fear and do it anyway!!!
  • #6,710
  • Jun 26, 2015 11:49am Jun 26, 2015 11:49am
Quoting clivepackham
I'm not sure yet but I'm pretty happy this TMA is not repainting much after the signals but I can see price pushing it about a bit but then thats because its updating itself as it goes.. Also if price pulls back too much the middle band changes colour so if the TMA outer bands don't hold price I'm out anyway... One thing it was certainly doing was keeping me out from quite a few CCI signals that occurred no where near the TMA but going forward I might start looking to take CCI signals when price is very close to the outer bands... It also stops...
I really don't see an issue with a repainting indi. it makes the visual backtesting unreliable is all. looking at the code, the middlebands color change is simply a function of the slope of the line, that property (should) only repaint on the current candle.
  • #6,711
  • Jun 26, 2015 12:41pm Jun 26, 2015 12:41pm
Good day clive and everyone. I am new here and am really impressed with the snapshots. Please how can I get the indicators and templates so I can follow
  • #6,712
  • Jun 26, 2015 2:02pm Jun 26, 2015 2:02pm
Quoting Oyas17
Good day clive and everyone. I am new here and am really impressed with the snapshots. Please how can I get the indicators and templates so I can follow
soon.....speaking to.clive in last few mins.....hopefully he will post soon...but for the very latest look back at.post 6690as far as the envelopes(bands) if.clive sees fit that they are worthy of addition to the system he will post all that is needed.but for now goto post 6690
  • #6,713
  • Jun 26, 2015 2:37pm Jun 26, 2015 2:37pm
Thanks alot Devontrader
  • #6,714
  • Jun 26, 2015 3:04pm Jun 26, 2015 3:04pm
Beautiful,,,
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  • #6,715
  • Jun 26, 2015 3:25pm Jun 26, 2015 3:25pm
If you Fancy the 1Hour timeframe for 650 pips
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  • #6,716
  • Jun 26, 2015 3:53pm Jun 26, 2015 3:53pm
Quoting devontrader
If you Fancy the 1Hour timeframe for 650 pips {image}
Have a look at what my colleague Devontrader or Jason to his friends is posting they are amazing charts, He has introduced me to the power of these "Cycles" within cycles that occur within each timeframe.

Basically its the TMA being used form a higher timeframe on the 1 min timeframe and it shows very clearly where theres a high possibility of a 1 minute run starting. Just like I've been using it on my 1 minute timeframe to time entries for 10 to 20 pips, it can also be used just as well on the higher timeframes to identify the ideal place to trade the 1 minute trends from.

Have a look at Jasons charts and you can see the TDA from the higher timeframe and the TMA from the 1 minute timeframe, if the higher timeframe channel is downwards then just like our 1 min TDA entry sell the upper band if the channel is upwards buy the touch of the bottom bands.

Can you see how amazing those higher timeframe TMA touches are?? And the resulting runs that come from them???

staggering isn't it???

Well I will do a complete post on it sometime over the weekend telling you all about Jasons ideas on how to capture the higher timeframe runs and how to identify the perfect 1 minute entries for these runs...

As I've regularly said on here until I'm blue in the face successful traders have bigger winners than their losers and by using these cycles to identify the ultimate 1 minute entry point, I'm sure we can achieve far bigger winners than our losers.

But more on this tomorrow I will share all Jasons secrets on trading....
Feel the Fear and do it anyway!!!
  • #6,717
  • Jun 26, 2015 4:03pm Jun 26, 2015 4:03pm
Just to wet your appetite for tomorrow have a look at this 1 minute GBPCHF chart from earlier today...

Three winning trades 50, 60 and 70 pips all taken from the touch of the 15 min TMA, well its not actually a TMA but I will tell you more tomoz..

The yellow dotted lines are the 15 min TMA on the 1 minute chart and as the 15 min channel is upwards we are only looking to buy the touches off of the bottom 15 min Band...

Attached Image (click to enlarge)
Click to Enlarge Name: three winners in a row.png Size: 67 KB


Looks very tasty doesn't it and I can show you many more tomorrow..
Feel the Fear and do it anyway!!!
  • #6,718
  • Jun 26, 2015 4:32pm Jun 26, 2015 4:32pm
Quoting clivepackham
Just to wet your appetite for tomorrow have a look at this 1 minute GBPCHF chart from earlier today... Three winning trades 50, 60 and 70 pips all taken from the touch of the 15 min TMA, well its not actually a TMA but I will tell you more tomoz.. The yellow dotted lines are the 15 min TMA on the 1 minute chart and as the 15 min channel is upwards we are only looking to buy the touches off of the bottom 15 min Band... {image} Looks very tasty doesn't it and I can show you many more tomorrow..
clive

will let you do the presentation and posting of indys and template for all to download for setup

just 1 note fom your post above,,,when you enter the the touch of the bottom channel to go long,,,if you notice,,,higher lows? so you can stay long until the 15 min channel changes direction.
for your 3 longs you would have taken you could have loaded up more lots long on 2nd and 3rd entry,,thus stacking bigger profits.
the center tma band is a great help too
  • #6,719
  • Jun 26, 2015 5:12pm Jun 26, 2015 5:12pm
Quoting clivepackham
Just to wet your appetite for tomorrow have a look at this 1 minute GBPCHF chart from earlier today... Three winning trades 50, 60 and 70 pips all taken from the touch of the 15 min TMA, well its not actually a TMA but I will tell you more tomoz.. The yellow dotted lines are the 15 min TMA on the 1 minute chart and as the 15 min channel is upwards we are only looking to buy the touches off of the bottom 15 min Band... {image} Looks very tasty doesn't it and I can show you many more tomorrow..
Thank you Clive you have re-wetted my appetite by adding to the idea of the Trend CCi's.
I regret not keeping up with your thread.

This looks soooooooooo good !!!

  • #6,720
  • Jun 26, 2015 9:27pm Jun 26, 2015 9:27pm
Quoting captainforex
Hi Clive et al. I havent posted for a while as i had my trading confidence knocked and havent traded recently. Its time to get back on the horse soon. Just reading the posts about the TMA and thought i would link you here.. http://www.forexfactory.com/showthread.php?t=299019 {file} As i understand, the TMA true can be used for visual backtesting as it does not repaint. The middle line is a LWMA and the outer bands can be adjusted to different ratios of ATR.
Interesting link. Thanks.
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