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Jemook replied Mar 1, 2012Thanks for your continued support in this thread Al. Fascinating stuff and clearly everyone is taking a lot away from the thread even if they don't continue with the system. I'm wondering how you are treating the gbpusd trade as it hit R1 and we ...
Extreme TMA System
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Jemook replied Mar 1, 2012I'm not sure if everyone skipped over this but this modified indicator shows the correct -.5 to +.5 range on all timeframes. So you can go to 1min or 1hr or even daily and it will give a correct TmaSlope trend reading according to that timeframe. ...
Extreme TMA System
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Jemook replied Mar 1, 2012Hey mate, would you mind posting the Renko indicator, I can't seem to find one that works. Also have you looked into range bars or just Renko? Thanks!
Extreme TMA System
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Jemook replied Mar 1, 2012Looks pretty textbook. I'd hold it. You should have a stop in place or use recovery to get yourself out of the trade should it go against you. Peace.
Extreme TMA System
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Jemook replied Mar 1, 2012Al, With the GBPUSD short trade which we entered around FPV. If price continues going against us I'm wondering where you would take your first recovery trade? wait for a setup after -50 pips/-100 pips or would you take the next setup short at R1 ...
Extreme TMA System
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Jemook replied Feb 29, 2012Could someone please help me with my pivot time settings? I'm in Sydney, Australia: Standard time zone: UTC/GMT +10 hours Daylight saving time: +1 hour Current time zone offset: UTC/GMT +11 hours Time zone abbreviation: EDT - Eastern Daylight Time ...
Extreme TMA System
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Jemook replied Feb 29, 2012So for example with AUDUSD 15min it is heading down to S1. If I see the TmaSlope rising while it heads down there could I potentially enter a buy limit at the S1? Or if 15min is showing TmaSlope rising could we could watch 5min or 1min for entries ...
Extreme TMA System
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Jemook replied Feb 29, 2012Hi Al, I'm just wondering if you are still using the 5x5 ea to get in your trades? I don't think you are because you are using the recovery trade system. From what you've seen with this system what percentage of your trades would have been stopped ...
Extreme TMA System
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Jemook replied Feb 29, 2012We are looking at it as s potential entry signal. If you are looking to short and price is moving up steadily while the TmaSlope is moving lower it could be a sign of a trend change.
Extreme TMA System
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Jemook replied Feb 28, 2012With your method if you have 2 LONG trades x 1 lot size each going against you would your new lock be 2 lots SHORT if the second LONG position moves against you? Or would you shut the first trade for a loss so you only have 1 long and 1 short at any ...
Extreme TMA System
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Jemook replied Feb 28, 2012Top left, top right, bottom left and bottom right will give us 32 options and we could put that on a blank chart (make all colours of bars etc the same as background) for one dashboard window. I'm thinking if the SELL ZONE or BUY ZONE text changes ...
Extreme TMA System
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Jemook replied Feb 28, 2012Awesome!! I'm guessing we can't add other pairs yet but it will be awesome having all the pairs in one window available for analysis. Looks great. Amazing job Croddy
Extreme TMA System
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Jemook replied Feb 28, 2012Al, If you enter a short trade while it is in range mode (TMA Slope between -.5 and .5) and price moves up and the TMA Slope goes above .5 would you look to close the position?
Extreme TMA System
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Jemook replied Feb 28, 2012EURUSD 15min triggered short. Let's see if Frankie can push this down.
Extreme TMA System
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Jemook replied Feb 27, 2012Just wondering about the stochastic/macd indicator. I think I remember it being discussed before but I can't seem to find it so just looking for a short answer. When I zoom in to the charts the indicator for the MACD (red line) shows almost oversold ...
Nb 10.0 trend trading system
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Jemook replied Feb 27, 2012I've just made all the colours on the indicator the same as the background colour and I just look at the number in the bottom right for TmaSlope. Looks much neater.
Extreme TMA System
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Jemook replied Feb 27, 2012I'm looking forward to hearing Al's take on using the recovery system with this strategy. I'll be holding off on recovery trades until he explains it in his words.
Extreme TMA System