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Alorente replied Feb 21, 2012There are two other points Iīd like to bring up that I did not mention on page one and I will correct. When a Spike has a thin white line in the middle, it should not be relied on. The thin line is there to show that the probability of a repaint is ...
Extreme TMA System
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Alorente replied Feb 21, 2012You are correct. I should have pointed out that results will vary the older a trade is reflected on the chart. I did specify that all the indicators repaint on page 1. Still those trades were indeed successful. I know because, even though I did not ...
Extreme TMA System
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Alorente replied Feb 21, 2012I am trading it real time. You canīt trade old price action, so I donīt quite understand your point. Just follow the simple rules. If it works, great. If it doesnīt no harm done.
Extreme TMA System
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Alorente replied Feb 21, 2012As you check out the system, I would appreciate suggestions on how to make it better, especially from all you experienced traders out there.
Extreme TMA System
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Alorente replied Feb 21, 2012All three indicators repaint. I strongly recommend that you read page one.
Extreme TMA System
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Alorente replied Feb 21, 2012Backtesting TMA will not give you accurate results. The only way for you to answer your own question is to try it yourself real time, with a demo account if necessary.
Extreme TMA System
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Alorente replied Feb 21, 2012Mauricio, I think the conditions in this system lend themselves to creating an EA. What do you think? (Mauricio is a systems engineer and has built many EAs)
Extreme TMA System
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Alorente replied Feb 21, 2012As you can see from the updated chart, the system will not only give you a good signal, but it usually does it at a great price. In this open trade, you would have been tempted to exit as the PA started rising, but the MA Cross told us to wait. It ...
Extreme TMA System
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Alorente replied Feb 21, 2012Itīs still an open trade. It should reach the opposite band. Give it time. It does so about 94% of the time in my experience. There are also more conservative options of exiting as I explained on Page 1.
Extreme TMA System
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Alorente replied Feb 21, 2012The system was created for 15M bars. I am sure it will work on other time frames but I have not tested it.
Extreme TMA System
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Alorente replied Feb 21, 2012Trades — As you look at the chart attached you will begin to see the clarity of this system. The trades are all placed beyond the TMA boundaries but only when the Spike and MA Cross tell us is the right time for it. You can see that all of the ...
Extreme TMA System
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Alorente replied Feb 21, 2012I go back to a time where FX meant special effects in the movies. It really didnīt exist for retail traders. I made my money trading options and futures for many years. I started trading FX a year ago, because of the much more reasonable spreads. ...
Extreme TMA System
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Alorente replied Feb 21, 2012On the current trade open right now (See chart on following page) we have reached the opposite band of the TMA. If you are conservative you would take profits, but in my case, I wait for the Spike to appear and the MA Cross bar to turn blue at close ...
Extreme TMA System
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Alorente replied Feb 21, 2012Welcome Ikeo. I am not trading today. Iīve been busy putting this together after last nightīs overwhelming demand that I open this. Iīll be at it tomorrow again. Well... maybe a trade or two today...
Extreme TMA System
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Alorente replied Feb 21, 2012Thanks guy. I really hope to meet you some day. Where are you? Berlin? I was there two weeks ago.
Extreme TMA System
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Alorente replied Feb 21, 2012It will be great to have the input of a good trader and a great guy. Welcome.
Extreme TMA System