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  • #7,621
  • Jul 22, 2015 5:47am Jul 22, 2015 5:47am
Quoting bartmichael
Hello! I'd like to thank Clive for this great strategy. I've (re)written two indicators, .... Best regards! {file} {file} {file}
Thank you to all who can code and contributed the very useful TMA-based alert indicators on this thread - price crossing one of the time bands and signal line changing red/green. One other alarm that would be very useful would be when price rises above or falls below the chosen band by x pips, which would indicate an unusual movement that would thereafter tend to revert to norm - with the obvious caveats about when the reversion to norm may occur and how much further out of normal range price may go before starting to revert to norm.

The TMA-based indicator would have as variables simply:

(i) the desired timeframe (with possible inputs 1=M1, 5=M5, 240=H4, etc up to MN) and

(ii) the amount of pips that price has moved outside the band for the chosen timeframe (e.g. 10 pips above the upper M5 band or 10 pips below the lower M5 band).

This indicator could be created by simply adding the extra alert to an existing TMA indicator or by creating a new indicator for those that don't want to make the existing indicators any more complicated.

Thank you in advance to whoever codes it.
  • #7,622
  • Jul 22, 2015 7:14am Jul 22, 2015 7:14am
Quoting XxLessoxX
this spike is caused by a news release that wasnt listed on FF. my break even number for recovery is 1.0900. its not really all that worrisome for me. if anything the price will prob be back to 1.0875 by the Asia session. i dont really like holding that long, but im ok all the way to 1.1050. moral of the story dont over-leverage and have a contingency plan in place. price will soon be back to 1.09, and i may close at BE there or wait for another test of 1.0875 {image}
Closed +33 pips Don't usually like to hold that long.
  • #7,623
  • Jul 22, 2015 8:14am Jul 22, 2015 8:14am
caught this nice bounce off of the 1hr bottom band. 20 pips and done for the day 1.2 percent.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 37 KB
  • #7,624
  • Jul 22, 2015 9:44am Jul 22, 2015 9:44am
Good day everyone,please how do i get the indicator developed for the ABCD strategy here? I mean the TMA based alert Indicator
  • #7,625
  • Jul 22, 2015 10:17am Jul 22, 2015 10:17am
By reading the thread.
  • #7,626
  • Jul 22, 2015 10:21am Jul 22, 2015 10:21am
Quoting jaylukmann
Good day everyone,please how do i get the indicator developed for the ABCD strategy here? I mean the TMA based alert Indicator
just as handy148 has said...do your homework.and read the thread.clive not.long ago posted indy and tpl
  • #7,627
  • Jul 22, 2015 11:14am Jul 22, 2015 11:14am
EURUSD, price in the lower band of thr 5m, 15m and 1h, now wait to 1m change color and lets see.
Attached Image (click to enlarge)
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  • #7,628
  • Jul 22, 2015 11:27am Jul 22, 2015 11:27am
Buy is running... +4 at this moment and move to BE. free trade.
Attached Image (click to enlarge)
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  • #7,629
  • Jul 22, 2015 11:35am Jul 22, 2015 11:35am
Moved to BE +3, 3 pips already in my pockets.
Attached Image (click to enlarge)
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  • #7,630
  • Jul 22, 2015 11:48am Jul 22, 2015 11:48am
Closed +10... %1,4 of the account...all that I need.
Attached Image (click to enlarge)
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  • #7,631
  • Jul 22, 2015 11:54am Jul 22, 2015 11:54am
The price reach the 5m upper band
Quoting Trinquete
Closed +10... %1,4 of the account...all that I need. {image}
  • #7,632
  • Jul 22, 2015 12:04pm Jul 22, 2015 12:04pm
EURUSD trade opened.
5/15 TMA lower band breached.
Possible continuation here since EURUSD has been bearish short term.
Decided to wait for 1min TMA center to turn back to red before going Short

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-22-09-23-01_OPEN.png Size: 55 KB


EURUSD closed as price hits lower 5min TMA band

Attached Image (click to enlarge)
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Profit = 14pips
  • #7,633
  • Jul 22, 2015 12:09pm Jul 22, 2015 12:09pm
GBPCHF trade opened.
5/15 TMA upper band breached.
Possible continuation here since GBPCHF has been bullish short term.
Decided to wait for 1min TMA center to turn back to green before going Long

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-22-10-01-03_OPEN.png Size: 54 KB



GBPCHF closed as price reaches upper 5min TMA band

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-22-10-16-48_FF.png Size: 55 KB


Profit = 18pips
  • #7,634
  • Jul 22, 2015 12:16pm Jul 22, 2015 12:16pm
USDJPY trade opened.
5/15 TMA upper band breached.
Possible reversal here since USDJPY has been bearish/neutral short term.
Decided to wait for 1min TMA center to turn back to red before going Short

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-22-09-51-08_OPEN.png Size: 56 KB



USDJPY closed using "recovery" trades, as reversal did not take place as anticipated.

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-22-11-28-41_FF.png Size: 53 KB


Note: Not over-leveraging and using good money management allows for "recovery" technique to work, even if loss taken.

Profit = (-4pips)
  • #7,635
  • Jul 22, 2015 12:20pm Jul 22, 2015 12:20pm
USDCAD trade opened.
5/15 TMA upper band breached.
Possible continuation here since USDCAD has been bullish short term.
Decided to wait for 1min TMA center to turn back to green before going Long


Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-22-11-15-59_OPEN.png Size: 53 KB



USDCAD closed using "recovery" trade, as continuation did not take place as anticipated.

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-22-12-06-21_FF.png Size: 55 KB


Note: Not over-leveraging and using good money management allows for "recovery" technique to work.

Profit = 1pip
  • #7,636
  • Jul 22, 2015 12:24pm Jul 22, 2015 12:24pm
Today activities:

EURUSD = 14 pips
GBPCHF = 18 pips
USDJPY = -4 pips
USDCAD = 1 pip

Total Profit = 29pips
  • #7,637
  • Jul 22, 2015 12:26pm Jul 22, 2015 12:26pm
AJLFx

what i do is look at the channels.like you

when i enter a trade im looking for a channel.on as big a timeframe as possible where its also lined up with my 1 5 and 15 channel.
lets say it was with 240 chart so channels lined up and price at the top.and we went short.....id be short to the bottom of the 240 channel.
after the move id consider staying short if 240 is bearish....if it turns on a pullback id exit the trade and wait on the pull back before short again
  • #7,638
  • Jul 22, 2015 12:35pm Jul 22, 2015 12:35pm
Quoting AJLFx
Today activities: EURUSD = 14 pips GBPCHF = 18 pips USDJPY = -4 pips USDCAD = 1 pip Total Profit = 29pips
Nice work. You can get wealthy on 30 pips a day.....or 20 for that matter.
  • #7,639
  • Jul 22, 2015 12:50pm Jul 22, 2015 12:50pm
Quoting devontrader
AJLFx what i do is look at the channels.like you when i enter a trade im looking for a channel.on as big a timeframe as possible where its also lined up with my 1 5 and 15 channel. lets say it was with 240 chart so channels lined up and price at the top.and we went short.....id be short to the bottom of the 240 channel. after the move id consider staying short if 240 is bearish....if it turns on a pullback id exit the trade and wait on the pull back before short again
The "channels" are actually the 1 hour TMA bands on the 1min chart.


Attached Image (click to enlarge)
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I primarily use the centerband (Blue=bullish, Brown=bearish, White=neutral).

This allows me to essentially get a glimpse of higher timeframe direction to try and put the probability on my side when entering a trade.

  • #7,640
  • Jul 22, 2015 12:51pm Jul 22, 2015 12:51pm
Please guys, doesnt the #28 trenders indicator hVW n inbuilt Alert? if yes, how can the alert be set?
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