Tip: Another nice thing about the White Line on the charts (5 x 5 Ma), is that once you cross it and you are in the trade, it serves as a line in the sand. You cannot allow price to cross the line from the other side again and still be in the order. ...

Extreme TMA System

I see you are a THV4 fan like me. Even though that I don´t need to now that I have the TMA system, I still can´t help analyzing my charts with THV. Force of habit...

Extreme TMA System

You are totally correct. The system is solid, the rules are there, spelled out in black and white, and yet it is difficult for most of us to stick to them and follow them with discipline. The key to trading successfully is not finding a magic ...

Extreme TMA System

Your hedging strategy is really cool, even though most of the spikes will occur BEFORE crossing the White Line. So if you use the EA for entry, you will see that almost all the spikes happen before the cross of the White Line that triggers the ...

Extreme TMA System

Yes. Same rules, but again, if a previous candle turns color for a moment, the signal would be valid because it is already closed.

Extreme TMA System

Almost there now...

Extreme TMA System

The EA has not triggered an order yet on GbpUsd.

Extreme TMA System

Great suggestion Mike!! I am going to write up your hedging strategy for page 1 this weekend. If you can detail it for me, I would really appreciate it.

Extreme TMA System

GbpUsd just doesn´t want to come down. It´s floating in thin air. It will though, it will...

Extreme TMA System

X-Man, can you come up with a different spin on how to fit your wave concept extremes to this system? Any ideas? As I said on page 1, this is a fine system but I am sure we can make it better and more profitable. Any suggestions that may increase ...

Extreme TMA System

It fits better a move to the other band. a setting of 5 will trigger opposite color bars several times before reaching the other band. You can change it to your preference. I set it at 10 to not be tempted to exit the position to soon.

Extreme TMA System

Dual Method — Tip: The extreme TMA System works great on H1 and H4 time frames without changing any inputs. A great strategy and a lot of fun is to run one position with the H4 or H1 TF and get the full move of the PA, and at the same time, ...

Extreme TMA System

Scalping Strategy with the EA´s — Tip: Here is a high percentage scalping strategy with the Extreme TMA System and the EAs. When the EA triggers, set your TP to exit at the center line of the TMA. Even better, set the TP at 10 pips profit from ...

Extreme TMA System

No. Unfortunately I jumped the gun this morning and sold at 1.5692. I could have gotten a better fill had I waited for the EA.

Extreme TMA System

Also, be careful to apply the correct EA, Long or Short. If you apply the wrong one, you may get the opposite order of what you want. I´ve done it a couple of times, so beware.

Extreme TMA System

You have to apply the EA once you price touches or crosse the outer band. If you do it after and price is across the white line, it will trigger it immediately. Apply it when you get rule 3 (Spike) and before or immediately after Rule 4 is valid ...

Extreme TMA System

No. You must do that manually by modifying the order once it triggers. I have a fantastic and very sophisticated EA (MPTM System) made by Steve Hopwood that is great at all the money management. I intend to introduce it as an addition to the system ...

Extreme TMA System

That is the trade off of using the EA. Your fills will be a bit lower, but that is compensated by having the trade start in the proper direction. You will make a little less on your winners, but you will have almost no trades start off against you. ...

Extreme TMA System

Because I only one one trade triggered, either short or long. This way there is no possibility of triggering both trades. It could be in one, but I prefer it this way.

Extreme TMA System

I.m with you on the trade.

Extreme TMA System