Sorry, I wrote band instead of candle. I edited that post now. Good catch.

Extreme TMA System

Read the first post before asking questions that are clearly explained there.

Extreme TMA System

Lo mismo te digo si estas por Santander... The RSI is not part of the system because it's use is very subjective. I do use the RSI or the TDI at the turns for confirmation by looking for divergences, but only at these turns. It is not useful at any ...

Extreme TMA System

If you use H4 or higher, 5% is fine. The lower TMA you use, the riskier it gets. Don't get me wrong. H1 is very profitable, but you have to be proficient with the system to use it. You must be an expert to trade Extreme TMA in M15 and lower. Having ...

Extreme TMA System

Normally it would be a Buy setup, BUT, the H1 TMA is at "THE TURN". That means it has reached the high point in the cycle and it is turning down from the upper band of H4. This area is the most dangerous one in this system. I generally stay away ...

Extreme TMA System

Good job. Don´t second guess yourself. You risked, you followed the rules and you won. Time to celebrate and look for your next trade.

Extreme TMA System

I have never been able to trade successfully with True TMA. It is too haphazard. The regular TMA repaints because it is giving you an estimation of what the next 50 bars should look like based on the past. It is the regularity of cycles within ...

Extreme TMA System

Giving rate returns is irrelevant because it depends greatly on your MM and on where you set your stop loss. Since there are dozens of different ways to handle both, whatever rate I give you would be meaningless.

Extreme TMA System

No. I recommend 2.5 multiplier and 500 ATR for all pairs except the weekly and the monthly which can be 2.0 and 100

Extreme TMA System

But if you are talking about the system for entry, there is a huge difference between 2.5 and 2.0 2.5 will give you less entries but much safer entries than 2.0 The 500 atr just gives you smoother tmas. It is more visually appealing. Thats all. Let ...

Extreme TMA System

There is a big difference if you use the tma pip width settings in the info indi. I dont use them so for me the difference is minimal.

Extreme TMA System

I do not know if the fast tma indi was ever coded for mt5

Extreme TMA System

You are correct. The Extreme TMA info indi must be changed to 2.5 and 500 ATR. The difference in the slope values will be minimal, but it should match the TMA. I placed the old template in the rar file. I will make the changes and place the correct ...

Extreme TMA System

I have 1.1411. Where do you get your pre-market quotes?

EURUSD only

Those wicks are even clearer on the Daily chart.

EURUSD only

I agree with you. More often than not, those long wicks are a strong signal that a drop is coming. Big money is selling the 1.1346/1.1360 level.

EURUSD only

Good entry. It should work out OK till the 200 sma. I would consider exiting there if the H4 TMA slope is above 0.30. I don´t like strong H4 slopes working against my trade. In your case it is at 0.29 right now. When you have a strong H4 TMA moving ...

Extreme TMA System

The H4 TMA is set to a Period of 50. so candles to the left of the 50 Bars Back line (Red vertical dotted line) are set it stone and will not repaint. Candles to the right of the 50 Bars back line are liable to repaint.

Extreme TMA System

Thanks. Very well explained.

EURUSD only

Hello Ata. When is it safe to Sell above the Green Line and the Blue trendline? I was waiting for a break of both to Sell. In other words, what did you see here that made you pull the trigger?

EURUSD only