I THINK THAT THE SYSTEM WORKS IN ANY TIME FRAME WITH ANY INSTRUMENT.
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Trading Made Simple the right way, and other trading lessons 333 replies
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Indicators for the 'Trading Made Simple' system 343 replies
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Trading Made Simple system follower - Thanks to eelfranz 9 replies
Disliked..... I forgot something. If you want to have the symbol changer under your chart, use MT Window, you have to put that in the chart first, then put the symbol changer in there. I just found this symbol changer, it even has a Hide – Show button. Very helpful. Thanks to the developer. Regards ____________ Michael.MSA {file}{file} {image}Ignored
Disliked{quote} Hi Michael, Thanks for sharing this indicator, it is very helpful.Ignored
Disliked{quote} Hi, I like your chart layout, would it be possible to provide a template and indictors, please.Ignored
DislikedI want to introduce a concept that I have never talked about in this thread before. Many years ago when I created and coded computerized mechanical trading systems I would often include the use of RSI into them. As everyone here knows, we normally only want to initiate Long trades when the RSI(14) is greater than the 50 Purple Line OR we normally only want to initiate Short trades when the RSI(14) is less than the 50 Purple Line. The problem is, when there is no trend the price often just moves back and forth mainly sideways which then causes the...Ignored
Disliked...I would just forget that I made this post and keep using the RSI crossing the 50 Purple Line, or I would start using the 45 and 55. I called it the Purple zone. It's obviously your choice and I don't know 100% which way is better for trading the Forex, so you need to decide which is the better choice for you by looking through a lot of charts going backwards.Ignored
DislikedRisk Management For the newbies. Many traders do not know what risk management is. Even experienced traders often got it wrong! And I seldom see it explained anywhere. This is for the newbies in this thread. You have often heard this: Never risk more than 1 % on a trade. Therefore some people think that they may not use more than 1 % of their money on a trade. That is wrong. The rule is: If your stop loss got hit, then you should not lose more than 1%. You can use one of the Lotsize calculators on the Internet to calculate the number of lots that...Ignored
Disliked{quote} Hi David, I don't know if you had time to read about the last indicator posted on the mql5 website: Inverse-Fisher-RSI Your signals appear to be identical to Ehlers, maybe you will find an application for it. {image}Ignored
DislikedHello Traders! the hit percentage of continuation trades is absurd! Thank you very much RHIgnored
Personally, I use it every day on everything I trade.
Disliked{quote} You're Welcome! This is what I have been stressing all along, I even have it posted in my profile on FF: Trading Philosophy: The absolute best trading advice that I could give someone is to buy the resumption of an up trend after the first pull-back. And vice-versa for short trades. Personally, I use it every day on everything I trade.Ignored
Disliked{quote} Nice. Are you using higher timeframe confirmations with the M15?Ignored
Disliked{quote} Thank you for showing all those charts. It is a huge inspiration.Ignored