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Alorente replied Nov 12, 2018Scalping with M1 charts requires a lot of experience and I do not recommend it. It is much safer to use the M5, M15 and H1 for scalping. Use the same rules as in Post 1, but substitute the TMAs as follows: H4 TMA = M5 TMA D1 TMA = M15 TMA W1 TMA = ...
Extreme TMA System
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Alorente replied Nov 12, 2018They are similar but using the M1, M5 and M15 TMAs and adding an additional RSI entry rule.
Extreme TMA System
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Alorente replied Nov 12, 2018I would not buy here even with a divergence. It is much safer to let the bounce exhaust itself and sell again.
EURUSD only
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Alorente replied Nov 12, 2018No, sorry. I am under a contract agreement with the programmer and cannot share it.
Extreme TMA System
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Alorente replied Nov 12, 2018Be careful... So far a successful test at 1.1240. There is a possibility of a bounce here to 1.1300/1.1310 area.
EURUSD only
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Alorente replied Nov 12, 2018Here is an Extreme TMA Scalper that I am currently testing with a low Margin account (25 to 1). All winners, but one pair open for a big loss. This is generally what happens with the Extreme TMA EAs.
Extreme TMA System
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Alorente replied Nov 12, 2018Blue Trendline broken. I will sell on test of the Blue trendline around the S61 level.
EURUSD only
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Alorente replied Nov 12, 2018I donīt think so. Not until 1.1240 is successfully tested.
EURUSD only
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Alorente replied Nov 12, 2018I donīt recall having said that my stop loss was never hit... I have been trading ExtremeTMA for 6 years now. It is true that the success rate is very high (In the high 90%s) But every once in a while, a pair will do what it wants to do defying all ...
Extreme TMA System
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Alorente replied Nov 12, 2018For sure it is not time yet. Parity will most likely be reached during the second half of next year. Anywhere from May to October is where my analysis tells me there is a high likelihood.
EURUSD only
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Alorente replied Nov 12, 2018Those show you the candle that was just removed from the 50 MA and the 200 MA calculations. By looking at the upcoming candles and at the MAs themselves, with practice, you can anticipate what the upcoming bars should look like. You need years of ...
Extreme TMA System
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Alorente replied Nov 12, 2018In theory you are correct... But, wage inflation pressures are only getting started in the US. As long as GDP growth continues near or above 3%, wages are going higher and inflation is going higher. Add to that the increased tariffs component which ...
EURUSD only
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Alorente replied Nov 12, 2018You are right... There are turbulent times ahead... Especially for emerging markets. The Fed cannot do much about the $ strength. Inflation in the US is already built in with unemployment at 3.7% and going lower. The Fed will react to inflation the ...
EURUSD only
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Alorente replied Nov 12, 2018I am 68 years old and retired. I love trading and, yes, I trade full time.
Extreme TMA System
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Alorente replied Nov 12, 2018I recommend you read the entire Post #1. I updated everything, including all the slope information. It will answer your question.
Extreme TMA System
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Alorente replied Nov 11, 2018Yes I did. Buy on 10-31 and closed on 11-7 at opposite H4 band. I am back in again now.
Extreme TMA System
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Alorente replied Nov 11, 2018There is no need to read the entire thread. Read the newly revised Post # 1 And the last few pages and you will be able to trade the system. The spike indicator is no longer used. We have indeed programmed several EAīs over the past few years, but ...
Extreme TMA System