The great John Wooden once said, "Never mistake activity for achievement". He was obviously not thinking about Forex Factory when he said that...but, man it sure is appropriate.

The life of a trading system on Forex Factory

Gotta love those "mute points"....I guess no one can hear them!!!!

The life of a trading system on Forex Factory

No, you are not the only one. See my attached chart for 7 pip range bars. It certainly skews the chart a little bit, doesn't it?

MB Trading Futures - Introduction

Received a message asking how to automatically calculate your broker's GMT offset. Using the windows API to calculate timezones is an option. Here is another option using an internet call to retrieve the current GMT time and then comparing to the ...

Assorted Indicators/Scripts

I have no idea what was in the mind of the guy who created that thread. It is probable he used this thread as a "blueprint" for some of the steps. But it is still very accurate of the lifetime of many threads. And it is funny. All I can say is ...

Extreme TMA System

The real shame is it takes about 1 second to make a screenshot and another 30 seconds or so to post it. Ah yes, the fear of public failure can be very powerful.

The life of a trading system on Forex Factory

Nice thread...but now you've gone too far. There are about 1000 groupies who are convinced they can do 70% a month also. There certainly needs to be an emphasis on step 2 where any negativism is swiftly dealt with by the groupies with a vengence. ...

The life of a trading system on Forex Factory

See TmaSlope3 in post #1 of this thread.

Assorted Indicators/Scripts

See post #1 of this thread for the non-repainting version of TmaSlope. There is an option to normalize the values for other timeframes to M15. Although, I use a different normalizing calculation than others.

Assorted Indicators/Scripts

Mike, See the first post of this thread for the new MTF TMA Slope indicator. It should look like this (H1 on M15 chart):

Assorted Indicators/Scripts

Unfortunately, I don't think your non-repainting version is correct. Run your indicator and the TMA/TmaSlope through a simulator and you will see the difference.

Extreme TMA System

That's the question traders have been asking since the beginning of the markets. There are literally 1000's of ways of differentiating between ranging/trending: Higher Highs and Lower Lows MAs (or any other of an infinite number of indicators) Trend ...

Extreme TMA System

Actually, for USDCHF, it was below 0.5 until 0900 EST when it went above 0.5 for the first time today and has stayed there for the rest of the day. This is where the non-repainting version of TmaSlope is so superior because you can see what the ...

Extreme TMA System

No, the 0.53 value is correct. If you investigate the details of the TMA and TMA Slope indicators and really understand how they compute their values, this will not surprise you all. The TMA Slope can be incredibly misleading at times, especially ...

Extreme TMA System

There are profitable, purely mechanical systems out there, but your system here is not one of them because it relies on "other factors". There really should be an Entry Rule #5 that says something like: Trader discretion trumps rules 1-4. Even if ...

Extreme TMA System

The TmaSlope indicator simply calculates the difference (in pips) between the value of the TMA Mid line and the previous value of the TMA Mid line. You all asked for a way to measure the slope of the TMA and that's what you got. The limit values ...

Extreme TMA System

Of course tighter spreads are not bad. I think the assumption many made was that the spreads for the FREE EXN plan would have a small markup from the Pay for Limits spreads. Thus, seeing the FREE EXN spreads being actually lower than the Pay for ...

MB Trading Futures - Introduction

Now you can see why it is best to not share source code during the development phase of a strategy...too many cooks in the kitchen. Non-repainting version of the TmaSlope.

Extreme TMA System

This is why I use indicators that DO actually reflect what it was at the time of the trade. Believe me, I've experienced this TMA repainting discussion numerous times over the years, I think I know how to handle it. But this brings up the question - ...

Extreme TMA System

Scrolling back through the EURUSD M15 chart, it is rare for the TMA Slope to be in your Bullish or Bearish range and price hit the opposite side of the TMA. Since Jan 2011, it has never happened where the TMA Slope was in your Extremely Bullish or ...

Extreme TMA System