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The tlatomi method

  • #241
  • Aug 15, 2006 8:48pm Aug 15, 2006 8:48pm
Quoting jtacher
Hi all. i guess that out there is more than one -like me- who is not very used to the multiple frame hours. a made a small and simple comparative between mexico, ny, and londo hours, timing them to the tlatomi tiga metod and mt4. so it determines the hour of the clandlestick close, acording to the mt4 clock. in that way, when you are going to enter a trade, just watch the hour of the candlestick close, and go ahead. hope its usefull

tnx
Doens't that depend on where your broker's servers are located regardless of where you reside?
  • #242
  • Aug 15, 2006 8:57pm Aug 15, 2006 8:57pm
Quoting spartan
Doens't that depend on where your broker's servers are located regardless of where you reside?
thats what i´ve guessed, but with mt4, my charts always are on gmt0 regardless my zone
Have a good day and a good trade!
  • #243
  • Aug 15, 2006 9:36pm Aug 15, 2006 9:36pm
Quoting jtacher
thats what i´ve guessed, but with mt4, my charts always are on gmt0 regardless my zone
At least with one of my brokers, their timezone is GMT +1.
And another at GMT 0.
So, my guess is that it all depends on your broker.

I use the bar close alarm indicator and it's been helpful.
Attached File(s)
File Type: mq4 bar_close_alarm_V1.mq4   2 KB | 889 downloads
  • #244
  • Aug 15, 2006 10:06pm Aug 15, 2006 10:06pm
Quoting spartan
At least with one of my brokers, their timezone is GMT +1.
And another at GMT 0.
So, my guess is that it all depends on your broker.

I use the bar close alarm indicator and it's been helpful.
Thanks spartan. Simply brilliant!
Change Your Thinking. Change Your Life - JD
  • #245
  • Aug 15, 2006 10:42pm Aug 15, 2006 10:42pm
Quoting OrangeRoshan
Thanks spartan. Simply brilliant!
You are welcome!

(As if I programmed the indicator)
  • #246
  • Aug 16, 2006 12:38am Aug 16, 2006 12:38am
Quoting spartan
At least with one of my brokers, their timezone is GMT +1.
And another at GMT 0.
So, my guess is that it all depends on your broker.

I use the bar close alarm indicator and it's been helpful.
What can i say.... i cant compete with that... great!
Have a good day and a good trade!
  • #247
  • Aug 16, 2006 5:32am Aug 16, 2006 5:32am
Was it correct entry?
bj
Attached Image
BJ
  • #248
  • Aug 16, 2006 5:36am Aug 16, 2006 5:36am
Orange ros

Do u always wait for bar close with this and the sidus system?

Or do u sometimes enter early if u feel there is good strength, esp w a 4 hr timeframe could miss out on alo of pips, pls tell me howu trade it.

thanks
  • #249
  • Aug 16, 2006 6:17am Aug 16, 2006 6:17am
Quoting stricko108
Orange ros

Do u always wait for bar close with this and the sidus system?

Or do u sometimes enter early if u feel there is good strength, esp w a 4 hr timeframe could miss out on alo of pips, pls tell me howu trade it.

thanks
Enter trade immediatelly when the arrow come out.
Change Your Thinking. Change Your Life - JD
  • #250
  • Aug 16, 2006 7:16am Aug 16, 2006 7:16am
I have been watching the forum and would first like to say this is a very impressive forum. I dont usually participate in any forums but I came across this one and it struck my interest.

But here are my two cents concerning the Tlatomi . I hope it will help.

Place the weekly and Monthly Pivots on your charts as they are very powerful support and resistance points.

If you are already in a trade, you will want to scale out as the price approaches the weekly or monthly pivots by about 10 pips.

If you are NOT in the trade but the Tlatomi signals are indicating an entry and the price is approaching the MP or WP within about 10 pips, wait to enter the trade until the price penetrates the WK or MP by AT LEAST 10 pips.

This can make or break a potentially profitable trade.

I will post an example of this as soon as the opportunity arises.

MissForex
  • #251
  • Aug 16, 2006 7:35am Aug 16, 2006 7:35am
Excellent tip!!

Thanks
Change Your Thinking. Change Your Life - JD
  • #252
  • Aug 16, 2006 8:41am Aug 16, 2006 8:41am
I wonder if we could somehow get these indicators to work with E-signal?
  • #253
  • Aug 16, 2006 9:14am Aug 16, 2006 9:14am
Quoting OrangeRoshan
Enter trade immediatelly when the arrow come out.
I don't mean to diagree with you OrangeRoshan but two nights ago I was in the market on a Tlatomi trade. I was practicing on a M30 time frame and was in the EUR/USD and USD/CHF and the market started spiking. It went 30 pips and it look like the USD/JPY was going to give a signal. I bailed out of my two trades and took the signal in the JPY. Before the bar was closed the price had come all the way back and the signal, arrow, never happened. The other two trades that I closed out at a lost would have given me my profit objective.

I do feel it is better to wait for the bar to close when entering. The averages are calculated on the closing price and you could jump the gun. I hate lossing on a trade and having the reason be "I broke the Rules".
  • #254
  • Aug 16, 2006 9:47am Aug 16, 2006 9:47am
can you send me indicators for weekly and monthly pivots?
Quoting MissForex
I have been watching the forum and would first like to say this is a very impressive forum. I dont usually participate in any forums but I came across this one and it struck my interest.

But here are my two cents concerning the Tlatomi . I hope it will help.

Place the weekly and Monthly Pivots on your charts as they are very powerful support and resistance points.

If you are already in a trade, you will want to scale out as the price approaches the weekly or monthly pivots by about 10 pips.

If you are NOT in the trade but the Tlatomi signals are indicating an entry and the price is approaching the MP or WP within about 10 pips, wait to enter the trade until the price penetrates the WK or MP by AT LEAST 10 pips.

This can make or break a potentially profitable trade.

I will post an example of this as soon as the opportunity arises.

MissForex
BJ
  • #255
  • Aug 16, 2006 10:05am Aug 16, 2006 10:05am
Quote
can you send me indicators for weekly and monthly pivots?


Yes, it would be very nice if someone could post those indicators here.
  • #256
  • Aug 16, 2006 10:27am Aug 16, 2006 10:27am
Quoting tortoise
I don't mean to diagree with you OrangeRoshan but two nights ago I was in the market on a Tlatomi trade. I was practicing on a M30 time frame and was in the EUR/USD and USD/CHF and the market started spiking. It went 30 pips and it look like the USD/JPY was going to give a signal. I bailed out of my two trades and took the signal in the JPY. Before the bar was closed the price had come all the way back and the signal, arrow, never happened. The other two trades that I closed out at a lost would have given me my profit objective.

I do feel it is better to wait for the bar to close when entering. The averages are calculated on the closing price and you could jump the gun. I hate lossing on a trade and having the reason be "I broke the Rules".
Ok, 3 reasons:

1) 30M chart is too risky, I never recommend it
2) Donot jump on any trade until the arrow is painted, once the arrow is painted it stays painted. Never trade on the secondary signals. You may get lucky sometimes, but unfortunatelly not most of the time. The market has no mercy.
3) Losing trade is part of winning

Try again only this time, get the indicators to tell you 100% ok signals.

Hope this helps
Change Your Thinking. Change Your Life - JD
  • #257
  • Aug 16, 2006 10:31am Aug 16, 2006 10:31am
Quoting brainjt
can you send me indicators for weekly and monthly pivots?
Learn to say please, then maybe Missforex will give it to us!
Change Your Thinking. Change Your Life - JD
  • #258
  • Aug 16, 2006 11:01am Aug 16, 2006 11:01am
sorry for my mistake, please

Quoting OrangeRoshan
Learn to say please, then maybe Missforex will give it to us!
BJ
  • #259
  • Aug 16, 2006 8:41pm Aug 16, 2006 8:41pm
Quoting MissForex
I wonder if we could somehow get these indicators to work with E-signal?
I don't know much about e-signal, but it looks like the e-signal platform is not as flexible as MT4 when it comes to adding custom indicators.
You may want to open a demo account with one of those MT4-compatible brokers instead.

Quoting brainjt
sorry for my mistake, please
Hmm...we are out of luck at this point because she does not use MT4.
  • #260
  • Aug 16, 2006 9:08pm Aug 16, 2006 9:08pm
Quoting spartan

Hmm...we are out of luck at this point because she does not use MT4.
These are what I have if you don't mind.


Matsu
Attached File(s)
File Type: mq4 MonthlyPivot.mq4   4 KB | 968 downloads
File Type: mq4 Weekly Pivot Lines.mq4   15 KB | 997 downloads
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