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flaw replied Apr 22, 2012Darshanag, I don't have non-repaint semafor indi and I haven't heard of such one. The original Extreme Spike indi Al provided does almost the same thing as semafor. You can use that to backtest, or even better to use simulator to backtest. Frank
Extreme TMA System
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flaw replied Apr 21, 2012normtold, You're so right. If we want to trade the swing highs and swing lows we have to face the repaint issue. There is no absolute correct way to trade them. We're bound to make mistakes. Recovery method nicely deal with them without loosing ...
Extreme TMA System
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flaw replied Apr 21, 2012Harry, Your recovery method is bit different from Al's. Whatever works for you is fine. I think it makes perfect sense to use recovery with TMA system (probably not with trend following systems though). But old habits die hard. I'm having a hard ...
Extreme TMA System
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flaw replied Apr 21, 2012Harry, I think Extreme TMA is a great system, and it's only logical to use recovery method with it. But I'm psychologically retarded. I still like to trade with stop losses. Semafor was part of my effort to try to confirm more precise entries. I've ...
Extreme TMA System
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flaw replied Apr 21, 2012Mike, Thank you for your reply. I may have missed something obvious. I'm going to backtest and forward test both of them more. Frank
Extreme TMA System
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flaw replied Apr 20, 2012Hello Mike, I almost missed your post. I see you don't like the semafor indicator. The repainting bothers me too. I'm still looking for better confirmation for entry. But I found it does help to exit with more pips. What's your advice? Do you think ...
Extreme TMA System
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flaw replied Apr 20, 2012Hi Scott, You're correct. Semafor is only for reference. We need more confirmation. This is the difficult part. Right now I'm using s/r, sup/dem, trix, simple trendlines etc.. Hope the seasoned traders here can provide some more sophisticated ...
Extreme TMA System
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flaw replied Apr 20, 2012You're absolutely correct. Semafor indi almost does the same thing as spike indi. It does repaint. When there is a nearby new HH or LL this indi repaints. TMA system tries to trade the swing highs and swing lows. It's impossible to pick the exact ...
Extreme TMA System
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flaw replied Apr 20, 2012Harry, Thank you very much for the new indi. I'll study it. Also thank you for your explanation. But semafor 3 does the same thing. It shows a cycle from 3 to 3 in 3 waves. I can see 4 waves is more profitable than 3 but takes much longer time to ...
Extreme TMA System
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flaw replied Apr 20, 2012Harry, Do you trade your indicator? I've been trading the conventional semafor 3 (5,13,34) and found it to be sufficient. In your experience do you think semafor 4 (14,28,102,204) is better? Please advice. Frank
Extreme TMA System
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flaw replied Apr 20, 2012Hubby, Semafor indicator repaints a lot. If you're trading M5 you better check the higher time frame too. EU just broke WPV, better wait for a better price. Frank
Extreme TMA System
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flaw replied Apr 19, 2012Thank you. I think it's a very powerful indicator and was developed by your fellow country man. I don't have this version. I'll try it. Frank
Extreme TMA System
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flaw replied Apr 19, 2012semafor indicator — Al, I know you dismissed semafor indicator but I found it goes very well with your system. As a matter of fact I think it goes well with any system that trades the turning points. Trading only from signal semafor 3 to 3 ...
Extreme TMA System
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flaw replied Apr 18, 2012Gina — Gina, Excellent work. If you need my word files please PM me with your email address. Frank
Extreme TMA System
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flaw replied Apr 17, 2012Al's Wisdom Vol. 3 — I found what benefited me most from this thread are Al's tips here and there. Hope they can help you too.
Extreme TMA System