Here are my M1 and M5 Scalping Setups.

Extreme TMA System

I have an open short on AudUsd. I will probably hold half of the position to bottom band of H4 and the other half to bottom band of D1. As I explained in another post, I am becoming more of a longer term trader. I used to be a scalper exclusively ...

Extreme TMA System

Right now I show the following slopes for AudUsd: H1: 0.37 H4: 0.22 D1: 0.41 W1: -0.05 When I traded short last night, D1 was 0.39. You don´t need to wait for a close. As long as all 4 slope values are valid in real time, you can trade.

Extreme TMA System

No. You would just use W1 to make sure you have room for price to move in the direction of your trade before reaching the band. You would trade H1, H4 and D1 instead of M15, H1 and H4.

Extreme TMA System

Yes, that is correct. The W1 bottom band (Green Line) is very close to the H4 top band.

Extreme TMA System

I don´t use M15. If the other 4 line up, M15 will also line up pretty quickly. H1 is my favorite. The H1/H4 relationship gives me the best and most consistent picture of the status of the pair.

Extreme TMA System

When I shorted, D1 was at 0.39 and H1 was at 0.37.

Extreme TMA System

I feel they are both about the same.

Extreme TMA System

Just another normal support/resistance level.

Extreme TMA System

Long on UsdCad.

Extreme TMA System

Yes. I´ve been steadily accumulating it, even though it could go a bit lower. I don´t want to miss a probable Ministry of Finance intervention for a quick 300 to 400 pips in one night.

Extreme TMA System

I entered short AudUsd at 1.0503 and UsdCad at 1.0016. Both have all the TMAs ranging now and there are plenty of divergences on both RSI and Trix.

Extreme TMA System

Gee, thanks. I didn´t know that.

Extreme TMA System

Another nice way to enter the trade is on break of the RSI trendline (Yellow at bottom on chart attached). Once all 4 Slope values are correct, enter when the RSI breaks the trendline. Right now H1 slope is 0.43 so it is very close to 0.40. All ...

Extreme TMA System

Use the one you prefer. The difference is not that great.

Extreme TMA System

Set the TF to 10,080 and you will get the W1 TMA.

Extreme TMA System

Yes. You continue to use 4 TMAs. Just add the W1 and make sure you have room for the trade to move in W1. 3- Never enter a trade if the slope values are not ranging OR in your favor. Once the slope values are correct, then you can enter the trade if ...

Extreme TMA System

You can continue to use H1. I use H1 myself.

Extreme TMA System

I hope you were finally able to get the new system going because it is more effective than the old one and FastTMALine indi is much, much better than the Extreme TMA Line indi.

Extreme TMA System

Short as soon as M15, H1, H4 TMAs slope values are 0.40 or below. It is very close now.

Extreme TMA System