It is just one of many technical studies decades ago, looks simple but it needs proven money management strategy to develop that into a winning system, check this out: url ...

Its weekend and time for back-testing Trading made Simple #8703 #3418 GBPNZD Daily image ...

GER30 Oct11 TMS-II Trades Closed - 3 entries, 3 exits +4R, +5R and +7R image image ...

DE40 Oct11 - Oct10 made higher high but failed to close higher - today intraday look for short - look at price action swing highs and swing lows image ...

That is not a A+++ setup for sell. Weekly has a big candle (WCC) and small candle (Inside Bar) ... this is sideways market type conditions. Adapt your trading strategy to trade in this market type ... image ...

US CPI data released .. better than forecast - 4Hr buy image ...

@rafail1960 First, you read all the OP' posts and learn his 5-Method. image ...

Its all in this thread. url ....

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Either DD or LL will work. DD is more complex in it calculations. LL is much simpler and clearer. Hedging will open more positions as long as the basket maximum trades is not reached. Closing trades depends on other settings. Read the Blessing3 ...

My TMS-II system is working. GER30 Oct10 trades closed image ...

start hedging at level 5, the hedge position is taking the total open trades in the basket sum of (0.01 + 0.02+ 0.03 + 0.04 + 0.05) multiply by the hLotMult default is 0.8 image > not an efficient way to trade and to maximize profit. ...

Thursday Oct 10 Spotlight on dollar image ...

when you trade the Daily, your short-term and long-term chart timeframes are the Weekly and Monthly. this is the basics stuff mentioned in post #647 and this is the Triple Screen Trading Concept taught by Dr. Alexander Elder Daily is your trading ...

not something I would do but you can try this ... at the next new basket open it will hedge ... image ...

Trading Made More Simpler... TMMS url url - M5 entry image ...

EA Oct09 Daily - today buy at Day Open or wait for a LTF entry image ...

Follow the rules in Post#261 For reversal trades candle#1 , YES! For reversal trades candle#2, NO For continuation trades, NO. image ...

TMS Monitor image Post#193 for the TMS Monitor tool setup your charts with those simple tools the way you want to see them and use them. save them as your own templates. Be warned: The TMS Monitor is an expert advisor and can be very CPU intensive ...