• Overview
  • Reviews (4)
  • Comments (4)
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Abiroid Extreme TMA System Scanner Dashboard

Extreme TMA System Scanner Dashboard

This Scanner Dashboard uses the Extreme TMA System Arrows Indicator to show good BUY/SELL signals.

Download extras here:

https://abiroid.com/extras/tma-scanner-and-arrows-indicator-extras


This Product contains dashboard only. It does not contain the Abiroid_Arrow_Extreme_TMA.ex4 indicator.

Arrows indicator is not necessary for dashboard to work. 

To see arrows, you can buy the arrows indicator separately if you like:

https://www.mql5.com/en/market/product/44822

Read detailed description:

https://abiroid.com/extras/tma-scanner-and-arrows-indicator-extras

Dash shows Slopes for current and Higher Timeframes.

  • 1st diamond is current TF. Next diamonds are higher TFs

(Please Note: Slope Calculation uses ATR and TMA for several past bars. So, having too many slopes for many pairs and timeframes might make dashboard slow.

e.g: Having 4 slopes for 28 pairs for 4 TFs will make dashboard load in about 30-40 seconds depending on your PC.)

  • Last Arrow is TMA Signal:

Yellow arrow: Price Crossed up or down TMA band

Red/Green arrow: price reversing making lower lows (SELL) or higher highs (BUY) from previous bar

  • Bracket shows number of bars back where Signal happened.

BG Dark Green: price below lower band and reversing.

BG Dark Red: price above upper band and reversing.

When BUY/SELL signal occurs, block turns Green/Red.


Video tutorial for both indicators:

https://youtu.be/nw0QCTDvX4Y


BUY SELL:

– If useHeikenAshiPrice is true – use Heiken prices

  • If Price has crossed Upper/Lower bands
  • If useRSI is true and Price OverBought/OverSold
  • If checkCurrentTFSlope or checkHTFSlope – do a Slope Check as described in next section
  • If “Ignore If TakeProfit Too Close” is true – and price less than “Min Distance from TakeProfit” percentage.

If all conditions match, get a BUY or SELL Signal and Alert. BUY is Green BG. SELL is Red BG.

Channels Check:

TMATrue (Non-repaint)

FastLineTMA (Repaints) From original Extreme TMA Strategy

TMA+CG (Repaints) 

TMA+CG is a bit slower than others - so might take longer to load when using multiple pairs/timeframes

Slope Check:

Options:

Slope1 (repaints)

Slope2 (Non-repaint)

If SlopeThreshold is 0.3.

  • Slope < -0.3 means Bearish. Show only SELL Signals.
  • Slope > 0.3 means Bullish. Show only BUY Signals.
  • Slope between -0.3 and 0.3 means Market is Ranging. Show both BUY and SELL Signals

Take Profit Distance Calculation:

  • MinDistance is 0.3 means 30%
  • 100% distance is between Upper/Lower band and Middle band.
  • Distance between Upper/Lower band and starting price is already more than 30% then ignore the signal.


Indicator Settings:

Read Detailed dashboard settings here:

https://abiroid.com/indicators/abiroid-scanner-dashboard-common-settings

TMA Dash Settings:

    • TMA_Period = 50 (Triangular Moving Average Period)
    • ATR_Period = 100
    • ATR Multiplier or Bands Deviation (move channels closer or further)
    • checkHTFSlope = false (Check Slopes for next 3 Higher TF)
    • checkCurrentTFSlope = true (Check slope for Current TF)
    • ignoreMNSlope = true (Ignore Monthly slope or not)
    • TMA_SlopeThreshold = 0.3 (Slope Threshold for Checking Bullish/Bearish)
    • useRSI = false (If Use RSI true – only trade BUY if RSI OverSold and SELL if RSI OverBought)
    • RSI_Period = 14
    • RSI_OversoldLevel = 30
    • RSI_OverboughtLevel = 70
    • ignoreTooCloseMiddleBand = true (TakeProfit will be somewhere close to Middle Band. Price reached too close to middle band - ignore signal)
    • minDistFromMiddleBand = 0.3 (0.3 means 30% distance from Middle Band. If ignoreTooCloseMiddleBand  true and price reaches more than 30% distance from middle band then ignore signal)
    • Past Bars Search For TMA Signal: Past bars for TMA Cross or Up/Down Signal
    • "Do Past Arrow Search At Start" if true, it will look at specified PastBars when dash first loads and will show which arrow was last. If false, it will only study new bars and update arrow values in brackets as and when they occur.

    If "Do Past Arrow Search At Start" true and "Past Bars Search For TMA Signal" is a high number can slow down the dashboard.

    Suggestion: If you want to look at a lot of past bars, keep this false. And only look for new bars.

      Arrow (number): No of bars back a cross had occurred.

      Arrow (+): price is still outside the TMA bands. So lookback further.

      Reviews 4
      Paulina Andrea Madariaga Figueroa
      2128
      Paulina Andrea Madariaga Figueroa 2021.02.26 15:01 
       

      I don't understand how this indicator is not so popular. All of this author's products are fantastic.

      vhlemee
      52
      vhlemee 2020.06.24 15:18 
       

      Extreme TMA is great! Really useful for Trend Estimation and the Support is Great!

      meta123physics
      34
      meta123physics 2020.06.22 16:02 
       

      This programmer is one of the best in the business. I've always been a fan of TMA channels ever since it was made infamous by Alorente (https://www.forexfactory.com/showthread.php?t=343533). I don't trade without TMA channels, as it reflects the natural dynamic of prices to gravitate to a mean between two extremes. The dashboard is incredible and has made my life so much easier, as it provides flexibility in types of TMA channels and the the ability to manipulate it per your trading style. This programmer is willing to work with you, and approaches her work as an art form seeking perfection. Kudos to this programmer for creating the current king/queen of TMA dashboards.

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      Abiroid Slopes Histogram Demo
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      Paulina Andrea Madariaga Figueroa
      2128
       

      I don't understand how this indicator is not so popular. All of this author's products are fantastic.

      vhlemee
      52
      vhlemee 2020.06.24 15:18 
       

      Extreme TMA is great! Really useful for Trend Estimation and the Support is Great!

      meta123physics
      34
      meta123physics 2020.06.22 16:02 
       

      This programmer is one of the best in the business. I've always been a fan of TMA channels ever since it was made infamous by Alorente (https://www.forexfactory.com/showthread.php?t=343533). I don't trade without TMA channels, as it reflects the natural dynamic of prices to gravitate to a mean between two extremes. The dashboard is incredible and has made my life so much easier, as it provides flexibility in types of TMA channels and the the ability to manipulate it per your trading style. This programmer is willing to work with you, and approaches her work as an art form seeking perfection. Kudos to this programmer for creating the current king/queen of TMA dashboards.

      cam028
      3865
      cam028 2020.06.22 04:12 
       

      im loving this product one of the best its helped my trading a lot cant wait to try the others

      Reply to review
      Version 1.11 2020.11.16
      v1.11
      - Fixed Alerts not showing bug
      - Added File Alerts and Custom File name to help use with other indicators/EAs.
      - Removed Refresh After Ticks - because all results are for candle close - so will refresh every new bar.
      - Added suffix support for:
      ".stp",".G",".s",".m",".f",".pro",".ecn",".","..","+","i","m","pro","-5","-4","_i","(£)","c"
      Version 1.10 2020.06.22
      Extreme TMA Scanner v1.10
      - Fixed wrong direction arrow bug
      Version 1.9 2020.06.21
      Extreme TMA v1.9
      Scanner:
      - Added TMA+CG as TMA Bands Option
      - Option to change Colors for Slopes, Arrows (Bearish,Bullish and Neutral Colors)
      - Added (+) if price is still outside TMA Bands and Past Arrows Search number is less. Indicates to Lookback further.
      Version 1.8 2020.06.18
      v1.8
      - Added option for ATR Multiplier
      - Added postfix checks to support different brokers: ".","..","+","i","m",".stp",".G","pro","-5"
      Version 1.7 2020.06.13
      v1.7
      Arrows: Added Buffers for Last Arrow Occurred

      Scanner: Added feature to "Do Past Arrow Search At Start"
      If true, on scanner load it will search Past Bars for Arrows. This might make refresh time a bit slower.
      If false, it will only look for new arrows.
      Version 1.6 2020.06.11
      Extreme TMA:
      Scanner 1.6
      - Channels Options: "Fast TMA Line" or "TMA True"
      and for TMA SLope: "TMA Slope1" and "TMA Slope2"
      (Note: Fast TMA Line and TMA Slope1 are repainting
      and TMA True and TMA Slope2 are non-repainting)
      - Added setting for ATR_Period
      - Added support for Brokers with Suffix m or i or dots (EURUSDi)
      Version 1.3 2020.03.21
      TMA Scanner: v1.3
      Added New feature:
      "Past Bars Search For TMA Signal" (User defined Property)
      Check past 'x' bars for TMA Signals and show the bar number for which signal had happened
      And Show yellow Up/Down arrows for TMA Cross or a Green/Red arrow for TMA BUY/SELL Signal on the Dashboard