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- frollollc replied Apr 2, 2012
I live in New York State in the Eastern time zone. My brokers server is on London time, so that is what my charts will say.
Extreme TMA System
- frollollc replied Apr 2, 2012
Here is a current chart of a 5 min scalp that would have worked. The main difference I see as compared to my earlier attempt is that the 1st test is a higher low. The other trade had a 1st test that was an equal low (or even slightly lower). I'll ...
Extreme TMA System
- frollollc replied Apr 2, 2012
You are correct...the chart has repainted since the 5 min scalp entry that I posted. Additionally, I believe Al stated that the 5 min scalp strategy was unrelated to the TMA strategy and therefore the TMA lines and the TMA slope need not be ...
Extreme TMA System
- frollollc replied Apr 2, 2012
I realize that not every trade will work out, but I bought at/above FPV
Extreme TMA System
- frollollc replied Apr 2, 2012
On the chart I posted, the upper red, dotted line is the upper band of the 15 min TMA. It is clearly flat. I believe the trade entry was valid but the result is clearly failure of the set up.
Extreme TMA System
- frollollc replied Apr 2, 2012
hello Al ...here is a 5 min EurUSD scalp I just entered. Did I apply your method correctly?
Extreme TMA System
- frollollc replied Apr 1, 2012
Just an additional comment......Price action trading above the 15 min upper band was caused by a gap up over the weekend. I would pass on this trade for that reason alone.
Extreme TMA System
- frollollc replied Apr 1, 2012
Trading by the rules as listed on page one is not trading out of boredom. The short would be valid if the TMA slope was ranging. If you wait for red "sell only" bars to go short, you will have missed out on many, many pips.
Extreme TMA System
- frollollc replied Apr 1, 2012
To go short with this chart, the TMA Slope does not need to be red...gray is fine. The TMA slope value does not need to be below -.5, .....below .5 is fine.
Extreme TMA System
- frollollc replied Apr 1, 2012
I hope you make pips, but the TMA slope says "Buy Only".
Extreme TMA System
- frollollc replied Mar 28, 2012
Long EU and GU entries just made....management settings placed....Going to trade equities for a couple hours...I'll be back
Extreme TMA System
- frollollc replied Mar 26, 2012
Some good trades today, some bad trades today. Currently a bit negative pips today with a GBPUSD trade holding a little in the money. ......but please...let's not use vulgarity to express dismay.
Extreme TMA System
- frollollc replied Mar 25, 2012
I agree. It seems that when Al is enjoying his weekends, the thread starts to wander away. Let's stay on topic as defined by Al.
Extreme TMA System
- frollollc replied Mar 24, 2012
I use an EA that does that and much more. It is a commercial product and therefore not free, but it will manage a trade with MA or fibs or practically any other way you can dream up. My use of it only scratches the surface of its capabilities. It ...
Extreme TMA System
- frollollc replied Mar 22, 2012
Sure. Here is the indicator and also here is the link to Hanover's thread discussing its use. I find it to be very versatile. url
Extreme TMA System
- frollollc replied Mar 22, 2012
Here is an indicator that shows Average Daily Range as well as Today's Range. I consider this information when deciding to take or trade, or not, when today's range is already greater than the Average Daily Range (14 is what I choose). Here is also ...
Extreme TMA System
- frollollc replied Mar 21, 2012
Thanks, Al. I have that indicator, but when I've tried to apply it to a chart, my platform freezes and won't respond. I don't know why. Maybe it is too much data for my 4 year old computer. Hanover's indi, however, doesn't freeze my platform.
Extreme TMA System
- frollollc replied Mar 21, 2012
MTF Recent HA Candles — Hello Al, I think using multiple time frame TMAs on one chart is great for seeing the flow of the market. With that in mind, I have been using an indicator developed by Hanover that can display HA candles from many time ...
Extreme TMA System
- frollollc replied Mar 19, 2012
Edit the trix indicator........go to inputs tab......go to last line stating "intro".....change to false
Extreme TMA System