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Alorente replied Mar 3, 2012Nitrate, I am not understanding well what noob is explaining in his post. Can you please give me a step by step explanation of how to change this? I want to make sure that I donīt screw up my MT4 installation before I touch it, so I donīt want to ...
Extreme TMA System
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Alorente replied Mar 3, 2012Ma5x5 is only used in association with the EAīs I supplied. If you donīt use the EAīs (I donīt), you donīt need the MA 5x5 and you can remove it from your charts. The trigger is the test of the resistance/support level above the bands. Preferably ...
Extreme TMA System
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Alorente replied Mar 3, 2012This entry does not comply with Rule 4 that states: "...w[/B]e will only take a short trade if price is above the upper TMA band AND testing a resistance level located also above the upper band". 1- Price is considerably below the upper band. 2- R2 ...
Extreme TMA System
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Alorente replied Mar 2, 2012I believe it is cool looking, but Iīm not convinced of its usefulness. For example, if you had avoided trades against the H1 trend in your example chart, you would have missed that beautiful long trade (over the green area of the slope indi) when ...
Extreme TMA System
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Alorente replied Mar 2, 2012Good memory, Mike. I was talking of the major pairs like EurUsd because they entail more risk, so a larger reward is in order. On some of the slower, less volatile pairs, you can settle for 20 or 25 pips. Thanks for bringing it up. Good night.
Extreme TMA System
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Alorente replied Mar 2, 2012Hi William, It was not one of my better days out in the links. Iīm glad you got it worked out. I would like to know your thought process when you shorted UsdChf to see how we can change that in the future. If you have a chart, that would be even ...
Extreme TMA System
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Alorente replied Mar 2, 2012Donīt worry Franco. I do not feel you went against me or anybody. I was just telling you my experience with TMATrue. Sometimes written words give the wrong meaning...
Extreme TMA System
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Alorente replied Mar 2, 2012I cannot see in your chart the exact point where you entered your order. Can you please point it out? I would kike to analyze what happened and discuss it on the thread. Yes you are correct that I had a short go against me on this pair with the ...
Extreme TMA System
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Alorente replied Mar 2, 2012Thanks for sharing your knowledge about this ever important theme. Yes. I have no problem in determining trend for myself using a combination of things and my own experience. As with you, this is a non issue for me personally. I am just trying to ...
Extreme TMA System
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Alorente replied Mar 2, 2012Thank you again Shah. I guess Iīll have to give up golf to keep an eye on things a little better...I feel bad that people lost money today on a trade that should never have been taken. I am also glad that our Slope indicator is still working ...
Extreme TMA System
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Alorente replied Mar 2, 2012Thank you, Tom. This is the tone we must maintain in this thread if we want to accomplish great things.
Extreme TMA System
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Alorente replied Mar 2, 2012I have used the True TMA Indi (Non repainting) for my trading and it is much less effective than the one we use. What is important in trading is the current bar value, which in TMA is precisely correct and the usefulness of the indicator, which in ...
Extreme TMA System
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Alorente replied Mar 2, 2012Sabry, I understand you very well. You can take the signals from the other indicators if you prefer, but please add the new rule number 4. The support and resistance rule is very important to give you more consistency and to make you more profit per ...
Extreme TMA System
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Alorente replied Mar 2, 2012I will study this. Sounds cool. Thanks atoronto. This is the second time you have been very helpful to us.
Extreme TMA System
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Alorente replied Mar 2, 2012It is not used antmore for trading the system, but if you wanted for other reasons, here it is.
Extreme TMA System
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Alorente replied Mar 2, 2012Shah, According to this chart, the slope indicator was well above 0.50 for the whole day until anhour or so ago. I donīt understand why the guys entered short trades then that gave them big drawdowns. I thank you for the chart. Because of what I was ...
Extreme TMA System
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Alorente replied Mar 2, 2012OK. Enough is enough. Carl is busting his behind for NOTHING to help us all have a better system. As he says, we must work as a team. If we continue to get accusatory language of any kind I will be quick to ban the originator of that language from ...
Extreme TMA System
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Alorente replied Mar 2, 2012Yes. I just tried his indi. The values are still the same. As I said before, I was not here when some guys entered the UsdChf shorts, so I cannot certify that the value of the slope indi allowed shorts or not at that time. It is important because ...
Extreme TMA System
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Alorente replied Mar 2, 2012As I said originally, the.50 to -.50 level was a test range area and we may have to adjust it at some point. Please, let me know what you think of the Range Zone as we have it now (0.50 to -0.50). Do you think it is appropriate or should we narrow ...
Extreme TMA System