Shorted GbpJpy again.

Extreme TMA System

Where are your support- resistance lines? You need to install the Pivots indi. and then follow Rule 4.

Extreme TMA System

ZZ, We thank you immensely for this indicator. It is making trading TMA much easier. I believe we can bring it to the -0.50 to 0.50 range by changind one of the inputs. Someone did it yesterday on the thread. I forget who it was...

Extreme TMA System

True. The Slope indi is not as sensitive as my ability to detect a change in price direction. I feel the indi is telling you that it will continue to drop, but after retesting the high probably. I will short again and make double profits that way. ...

Extreme TMA System

Yes they are. You´ll have to change the inputs for other TF. I haven´t tried it yet. The values on the Slope Indi were optimized for M15.

Extreme TMA System

TMA slope is 0.41. I said I exited because the price stalled and i did not want to lose my profit. After 30 years trading, I feel when prices are turning around before they do, and there is one thing that I hate more than losing money is losing the ...

Extreme TMA System

Thanks for the Indi, friend. You just made my trading life a little easier.

Extreme TMA System

Out of GbpJpy +28 pips

Extreme TMA System

Yes, but under R3. It seems like it broke R3 so you have resistance in front of you is you short now.

Extreme TMA System

Exiting UsdJpy. It has stalled a bit above R2.

Extreme TMA System

In general, I mean against higher TF trend but now we define trend by Rule 1. It is a better trend definition than any I have used up to now.

Extreme TMA System

Here is an example of the difference in the new rules and the old. Look at Usd Cad. Under the old rules, we would be looking to get in on MA Cross soon. But with the new rules, we don´t have support at our back. On the contrary. We have resistance ...

Extreme TMA System

By the way, I changed the color in the code from White to DarkGray. It´s a lot softer now. Not as glaring.

Extreme TMA System

In other words: 0.51 and above is white and -0.51 and below is white.

Extreme TMA System

Yes. You are right. We have to get in the code and change the levels at which the color changes to white. Shah, can you do that with 1.2 please, I would appreciate it. Make everything outside the Range Zone white. Thanks.

Extreme TMA System

Thank you for being with us. I wouldn´t measure the stop by an arbitrary number of pips. I would place the stops above the previous high for shorts and below the previous low for shortsNo, I don´t use stops on M1 either. I use exactly the same steps ...

Extreme TMA System

As you know I have two shorts going on UsdJpy and GbpJpy. Normally I´d be watching them like a hawk to try to detect a point of exit. Now with the TMA Slope indi I am much more relaxed. I just wait for the indi to show me a rising bar before I worry ...

Extreme TMA System

I would forget longs on any Euro pair for now. You may get lucky and make a few pips, but the risk is not worth it. Believe me, I know... I use to counter trade and lost a ton of money in my first 8 years during the 8o´s. I don´t countertrade ...

Extreme TMA System

Yes. We always refer to M15 when we give values.

Extreme TMA System

I have explained how I use Recovery and my Box System of money management in minute detail in previous posts of this thread. It took me long to write all those posts. I suggest you click on my posts to the right of this post and go through the first ...

Extreme TMA System