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Trading Made Simple

  • #81,481
  • Edited 1:52pm Aug 16, 2017 1:41pm | Edited 1:52pm
Quoting emmanuel7788
{quote} ok, ok, I hear what you are saying. I'll keep posting until I get your attention.... I am putting in 3 to 5 hours per day for the past 2 to 3 years, still not enough to get any attention. That abnormal.
Hey man!

you were in our group LOL... I want you with us.! my own special group .. will pm you about it. (not the pa ltg)


ON a sad note.. your probably too busy.. but I would love you as a 1 week guest .. whatcha ya think.?
It's in fear when people show what they truly value.
  • #81,482
  • Aug 16, 2017 4:49pm Aug 16, 2017 4:49pm
About Groups:

I would like to be in a group, which develops and tests an expert advisor, based on emms 3 rules.

I have already developed one but it has different results then emms one.

Emm himself says, that the Trader itsself is the greatest Problem in a trade System.
So for me, it has to be a fully automated System.
Attached Image
  • #81,483
  • Aug 16, 2017 5:07pm Aug 16, 2017 5:07pm
Quoting zMinga
About Groups: I would like to be in a group, which develops and tests an expert advisor, based on emms 3 rules. I have already developed one but it has different results then emms one. Emm himself says, that the Trader itsself is the greatest Problem in a trade System. So for me, it has to be a fully automated System. {image}

maybe we should all review in greater details what the three(3) mechanical rules are for trading with the D1 chart timeframe.
Entry:
Rule 1) APB/HA Close ...
Rule 2) PAC trend ...
Rule 3) TDI Moderate mode ...

Exit:
APB/HA Close ...

In July 2011, the OP Big E tested the Daily charts with TDI cross for entry and TDI cross in the opposite direction for exit
https://www.forexfactory.com/showthr...62#post4803962

but he did not post his tests results.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,484
  • Aug 16, 2017 6:20pm Aug 16, 2017 6:20pm
Emmanuel,

I posted USDJPY and EURJPY trades earlier today (see attached) and both went awry after FOMC minutes, which happens sometimes.
Otherwise, were they correct according to TMS rules or did I miss something which should have stopped me from taking these trades?
Thanks for your feedback
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: ScreenShot_20170816150541.png Size: 57 KB
  • #81,485
  • Aug 16, 2017 7:48pm Aug 16, 2017 7:48pm
Quoting darko2010
Emmanuel, I posted USDJPY and EURJPY trades earlier today (see attached) and both went awry after FOMC minutes, which happens sometimes. Otherwise, were they correct according to TMS rules or did I miss something which should have stopped me from taking these trades? Thanks for your feedback {image} {image}
1) The win rates for these 2 pair trading the D1 chart using the APB and PAC mechanical rules are below 50%.
see this old post:
https://www.forexfactory.com/showthr...47#post9748147

2) What did your BPP show you?
I have historical swing levels from my MN charts and on my D1 charts, these are significant resistance levels.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Week 33 Aug 16 resistance.png Size: 34 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Week 33 Aug 16 resistance.png Size: 30 KB



3) Both EJ and UJ did not have any setup HA candle which closes above the PAC yesterday and also did not meet the TDI Moderate condition.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Week 33 APB PAC TDI.png Size: 51 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Week 33 APB PAC TDI.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,486
  • Aug 16, 2017 8:05pm Aug 16, 2017 8:05pm
Quoting emmanuel7788
{quote} 1) The win rates for these 2 pair trading the D1 chart using the APB and PAC mechanical rules are below 50%. see this old post: https://www.forexfactory.com/showthr...47#post9748147 2) What did your BPP show you? I have historical swing levels from my MN charts and on my D1 charts, these are significant resistance levels. {image} {image} 3) Both EJ and UJ did not have any setup HA candle which closes above the PAC yesterday and also did not meet the TDI Moderate condition. {image} {image}
Thanks Emmanuel,

I must have a different version of the TDI as on mine, USDJPY had the TDI moderate condition on Daily and so did EURJPY on 4H.
I don't use MT4, where can I find the formulas of your TDI to compare them with what I have?

Thanks
  • #81,487
  • Aug 17, 2017 1:49am Aug 17, 2017 1:49am
Quoting darko2010
{quote} Thanks Emmanuel, I must have a different version of the TDI as on mine, USDJPY had the TDI moderate condition on Daily and so did EURJPY on 4H. I don't use MT4, where can I find the formulas of your TDI to compare them with what I have? Thanks

I use the TDI_RT version with settings:

TDI (10,5,34,3,1,7)
10-Period of the RSI data
5= Typical Price
34= period of the Bollinger Band applied to the RSI data
3= Period of the Price Line or commonly known as the Green line.
1= Exponential moving average
7= Period of the Trade Signal Line Red line

everything you need to know about the Traders Dynamic Index
Post#72,156
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,488
  • Aug 17, 2017 1:57am Aug 17, 2017 1:57am
Quoting TampaFX
{quote} Emmanuel, I am focusing on D1 SE using the firm rules you backtested. I would like to attempt MEME but it simply takes too much of my time. Did you use an EA for the D1 PAC TDI Conservative backtest? I tried searching and I can't find one that will work for this method. I would like to compared the APB color exit, APB color exit after 1R, firm R:R, trailing stops, etc... I had a few trades that I exited on APB color change, only to have them continue in the intended direction, however this is a small sample size. It also got me out of some...

here this old post on back-testing EAs.

https://www.forexfactory.com/showthr...70#post9783870
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,489
  • Aug 17, 2017 2:37am Aug 17, 2017 2:37am
Quoting emmanuel7788
{quote} I use the TDI_RT version with settings: TDI (10,5,34,3,1,7) 10-Period of the RSI data 5= Typical Price 34= period of the Bollinger Band applied to the RSI data 3= Period of the Price Line or commonly known as the Green line. 1= Exponential moving average 7= Period of the Trade Signal Line Red line everything you need to know about the Traders Dynamic Index Post#72,156
Sorry 4 asking..i dint find any TDI indicator on mt4 on my mobile phone..any solution 4 that?thanks a a lot b4
  • #81,490
  • Aug 17, 2017 2:43am Aug 17, 2017 2:43am
Quoting OnlyPA
{quote} Sorry 4 asking..i dint find any TDI indicator on mt4 on my mobile phone..any solution 4 that?thanks a a lot b4
I just posted the link to post 72156 above.
its in there how to create the TDI in other platform, this includes creating the TDI or Fozzy RSI in mobile.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,491
  • Aug 17, 2017 7:07am Aug 17, 2017 7:07am
Quoting emmanuel7788
{quote} The game with EURUSD is not over yet. If you have than 5 open positions now, you did it wrong. I have only 3 open positions and market is above my average price, i.e. profitable if I close them all right now. It took me almost 2 years to learn and practice trading MEME in live market to get it working for me. I have been trading it for more than 7 years since. If you had read my post for the past months, the win rate is 60% to 65%. See post link below. So expect some losing trades, maybe a few losing baskets but seldom a losing month. Never...
Is the EURUSD game over yet?

Someone PM and ask me to post some losing trades. LOL.

Here is EURUSD 3 ME trades closed yesterday morning just after my post above.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 33 Aug 16 closed trades wo dlrs.png Size: 30 KB


3 trades,
ME1 closed -41.9 pips
ME2 closed -15.6 pips
ME3 closed +40.6pips

Nett loss -16.9pips

But I did not lose money and in fact made money despite minus 16.9pips. How is this so? Anyone has the correct answer?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,492
  • Aug 17, 2017 7:14am Aug 17, 2017 7:14am
EURUSD is on a bearish sentiment cycle after the ECB meeting cycle stated that they are not hiking rates anytime soon. We could look to build a short position here or wait for a clear downtrend to form
  • #81,493
  • Aug 17, 2017 7:18am Aug 17, 2017 7:18am
Quoting darko2010
Emmanuel, I posted USDJPY and EURJPY trades earlier today (see attached) and both went awry after FOMC minutes, which happens sometimes. Otherwise, were they correct according to TMS rules or did I miss something which should have stopped me from taking these trades? Thanks for your feedback {image} {image}
Hi，could you tell me which platform you used? It doesn't look like the MT4 or MT5.
  • #81,494
  • Aug 17, 2017 7:23am Aug 17, 2017 7:23am
Quoting emmanuel7788
{quote} Is the EURUSD game over yet? Someone PM and ask me to post some losing trades. LOL. Here is EURUSD 3 ME trades closed yesterday morning just after my post above. {image} 3 trades, ME1 closed -41.9 pips ME2 closed -15.6 pips ME3 closed +40.6pips Nett loss -16.9pips But I did not lose money and in fact made money despite minus 16.9pips. How is this so? Anyone has the correct answer?
1st 1lot 42 pips
2. 2 lot 31 pipd
lose 73
3. 3 lot 120 pip profit
so 47 pips profit
  • #81,495
  • Aug 17, 2017 7:23am Aug 17, 2017 7:23am
Quoting emmanuel7788
{quote} Is the EURUSD game over yet? Someone PM and ask me to post some losing trades. LOL. Here is EURUSD 3 ME trades closed yesterday morning just after my post above. {image} 3 trades, ME1 closed -41.9 pips ME2 closed -15.6 pips ME3 closed +40.6pips Nett loss -16.9pips But I did not lose money and in fact made money despite minus 16.9pips. How is this so? Anyone has the correct answer?
Probably it depends on the lot size in every ME.
I suppose in ME3 the lot size was bigger :-)
Trading is all about Flexible Thinking
  • #81,496
  • Aug 17, 2017 8:01am Aug 17, 2017 8:01am
Quoting emmanuel7788
{quote} Is the EURUSD game over yet? Someone PM and ask me to post some losing trades. LOL. Here is EURUSD 3 ME trades closed yesterday morning just after my post above. {image} 3 trades, ME1 closed -41.9 pips ME2 closed -15.6 pips ME3 closed +40.6pips Nett loss -16.9pips But I did not lose money and in fact made money despite minus 16.9pips. How is this so? Anyone has the correct answer?
The lotsizes of positions are different. by this post you can show that your average entry order is not the "3 OrderOpenPrice()/3", but instead is the true average entry order price considering the lotsizes of orders, the most bellow order have more height than other two.
  • #81,497
  • Aug 17, 2017 8:23am Aug 17, 2017 8:23am
Quoting mokuro89
{quote} The lotsizes of positions are different. by this post you can show that your average entry order is not the "3 OrderOpenPrice()/3", but instead is the true average entry order price considering the lotsizes of orders, the most bellow order have more height than other two.
You are right. It shows that it's true what they say: the money management techniques are more important than the strategy. Emm's losing trade which ended up with more money in his pockets is proof of that.
  • #81,498
  • Aug 17, 2017 9:28am Aug 17, 2017 9:28am
Quoting Jordanlc
{quote} Hi，could you tell me which platform you used? It doesn't look like the MT4 or MT5.
It is Prorealtime

I started with it over 10 years ago, got used to programming on it. It is subscription-based but you can get it for free depending on the broker you use
  • #81,499
  • Aug 17, 2017 9:30am Aug 17, 2017 9:30am
Quoting emmanuel7788
{quote} I use the TDI_RT version with settings: TDI (10,5,34,3,1,7) 10-Period of the RSI data 5= Typical Price 34= period of the Bollinger Band applied to the RSI data 3= Period of the Price Line or commonly known as the Green line. 1= Exponential moving average 7= Period of the Trade Signal Line Red line everything you need to know about the Traders Dynamic Index Post#72,156
Thanks, it seems I use Big E's TDI which suits me fine. It is faster than yours hence my earlier signals, with the inconvenient of more potential losing trades but I hope PASR study will remedy that
  • #81,500
  • Aug 17, 2017 9:32am Aug 17, 2017 9:32am
Quoting emmanuel7788
{quote} Is the EURUSD game over yet? Someone PM and ask me to post some losing trades. LOL. Here is EURUSD 3 ME trades closed yesterday morning just after my post above. {image} 3 trades, ME1 closed -41.9 pips ME2 closed -15.6 pips ME3 closed +40.6pips Nett loss -16.9pips But I did not lose money and in fact made money despite minus 16.9pips. How is this so? Anyone has the correct answer?
cause you do position sizing, ME3 will have a bigger lotsize than ME1 and ME 2
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