Trading Made Simple | Page 4150 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #82,981
  • Nov 1, 2017 1:01am Nov 1, 2017 1:01am
NZDUSD D1 trades POMO for Sep and Oct

Simple mechanical rules using the HA candles, PAC and TDI.
Trade only using Closed candles.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD D1 trades Sep Oct.png Size: 45 KB


You may find only one trade per month, but with 28 pairs, you are bound to find a few good trades to make some money every month. You need to have patience and wait for each D1 candle to close. That requires you to be DISCIPLINED in following your trading hours. It is End-Of-Day EOD trading, trade once a day only. But you are required to spend your time on weekends and do your weekly top down analysis and prepare your trade plan. With your trade plan done, you will know which pairs will have potential trade opportunities.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,982
  • Nov 1, 2017 2:28am Nov 1, 2017 2:28am
Quoting emmanuel7788
NZDUSD D1 trades POMO for Sep and Oct Simple mechanical rules using the HA candles, PAC and TDI. Trade only using Closed candles. {image} You may find only one trade per month, but with 28 pairs, you are bound to find a few good trades to make some money every month. You need to have patience and wait for each D1 candle to close. That requires you to be DISCIPLINED in following your trading hours. It is End-Of-Day EOD trading, trade once a day only. But you are required to spend your time on weekends and do your weekly top down analysis and prepare...
Hello Emm,

for which strategy do you use the exit with HA color change? Is it for which the MEME uses on D1 or even for SESE? Does you use also the 60% weekly ATR as TP for MEME model on D1?

best regards
  • #82,983
  • Nov 1, 2017 2:35am Nov 1, 2017 2:35am
HI TEKKIE
IS THIS ENTRY CORRECT
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 329 KB
  • #82,984
  • Nov 1, 2017 2:39am Nov 1, 2017 2:39am
Quoting Deichkind
{quote} Hello Emm, for which strategy do you use the exit with HA color change? Is it for which the MEME uses on D1 or even for SESE? Does you use also the 60% weekly ATR as TP for MEME model on D1? best regards

Hi,

Do you recall some post earlier this year that I mentioned some traders wanted to trade the D1 chart because they have day jobs and cannot find time to trade H4 and H1.

I brought them back to Big E post made in July 2011
https://www.forexfactory.com/showthr...62#post4803962

I tested the D1 chart for all the pairs using the past 10 years price data and posted some results of those backtests using Big E TDi cross for exit.
I found the original Synergy strategy use of the PAC produce much better trades and profitable results.

You can actually trade both SESE and/or MEME with this D1 chart strategy but I would always reconcile with Weekly and Monthly if trading with MEME. Again I must stress the Market Type 1 and 2 only for MEME. MEME will make you more money and better risk management.

Do not use ATR(52) Weekly for D1 chart trading. Use that only for 4H swing trading within a week. Close 4H swing trades by Friday but with only one exception.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,985
  • Nov 1, 2017 3:19am Nov 1, 2017 3:19am
Quoting emmanuel7788
NZDUSD D1 trades POMO for Sep and Oct Simple mechanical rules using the HA candles, PAC and TDI. Trade only using Closed candles. {image} You may find only one trade per month, but with 28 pairs, you are bound to find a few good trades to make some money every month. You need to have patience and wait for each D1 candle to close. That requires you to be DISCIPLINED in following your trading hours. It is End-Of-Day EOD trading, trade once a day only. But you are required to spend your time on weekends and do your weekly top down analysis and prepare...
Hi Emmanuel,

Thank you for your POMO analysis on NZDUSD.

Can I have some a question here? My question relates to TDI behavior and the use of "TDI moderate".

To me, the 2 setups are different.

On the first one Green crossed Red first and then went down below 50, and later below Yellow, while on the second one Green Red and Yellow were all below 50 and only then Green crossing Red occurred below Yellow.

I know you did an analysis on 10 years of data for the pairs you trade for system development and if I recall it correctly, the results were not outstanding with win rates between 41-55%.

My question is which TDI setup did you use for your analysis and if the setups similar to first one were used for your historical analysis would the win rate be higher when only setups similar to second one is used?

I made some visual back testing and that suggests win rate would be higher.

Hope what I meant are clear.

Thank for your attention.

Okoso
  • #82,986
  • Nov 1, 2017 3:50am Nov 1, 2017 3:50am
Quoting venkatredy
HI TEKKIE IS THIS ENTRY CORRECT{image}
That trade is going no where.
EURUSD is in consolidation. So you have to wait with any orders.
Look at the wicks. Seller's don't what the price to go up.
Also it will be unwise to place any order now -- Red news = ADP Non-Farm Employment Change is coming up
Attached Image (click to enlarge)
Click to Enlarge Name: aaaaaaa.PNG Size: 20 KB
  • #82,987
  • Nov 1, 2017 4:25am Nov 1, 2017 4:25am
You want to trade lower TF, better learn that price action is king.

Write simple rules, follow simple rules.
Be discipline and be patient - wait for the right time and place to trade.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Nov 01 H1.png Size: 68 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,988
  • Nov 1, 2017 4:37am Nov 1, 2017 4:37am
Quoting okoso
{quote} Hi Emmanuel, Thank you for your POMO analysis on NZDUSD. Can I have some a question here? My question relates to TDI behavior and the use of "TDI moderate". To me, the 2 setups are different. On the first one Green crossed Red first and then went down below 50, and later below Yellow, while on the second one Green Red and Yellow were all below 50 and only then Green crossing Red occurred below Yellow. I know you did an analysis on 10 years of data for the pairs you trade for system development and if I recall it correctly, the results were...

Visually, they look different because the chart has been refreshed. The differences are very marginal and because the TDI moving averages get repainted as the new candles move and closes.
In realtime, the condition were different when I run in the strategy tester.

I use the TDI Pro setting - 10,5,34,3,1,7

The win rate you see with visual backtesting can be true but again that does not reflect realtime trading using the strategy tester.
The winning pips overall is still very profitable trading the D1 chart timeframe despite the low win rate of 40 to 55% for most pairs.
I think traders need to look at a longer period of trading to see the true results. Look at 3 to 5 years of trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,989
  • Nov 1, 2017 4:39am Nov 1, 2017 4:39am
Quoting emmanuel7788
{quote} Hi, Do you recall some post earlier this year that I mentioned some traders wanted to trade the D1 chart because they have day jobs and cannot find time to trade H4 and H1. I brought them back to Big E post made in July 2011 https://www.forexfactory.com/showthr...62#post4803962 I tested the D1 chart for all the pairs using the past 10 years price data and posted some results of those backtests using Big E TDi cross for exit. I found the original Synergy strategy use of the PAC produce much better trades and profitable...
thank you for your answer. I use since several months the HA-close above PAC/TDI moderate/PAC-Trend with regard to the BPP and with MEME money management on insurance model. For Exit I use my goals which I will find in the BPP and close outside the other side of the PAC which maybe produce some DD sometimes. Do you use the HA-color change-exit also on the model with MEME?

regards
  • #82,990
  • Nov 1, 2017 4:41am Nov 1, 2017 4:41am
can someone help me know how to remove those writing while am using Orders on chart indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYDaily.png Size: 33 KB
  • #82,991
  • Nov 1, 2017 5:12am Nov 1, 2017 5:12am
Thank u tekkie & emmanuel for giving valuable suggestions
  • #82,992
  • Nov 1, 2017 5:18am Nov 1, 2017 5:18am
Quoting macajos
can someone help me know how to remove those writing while am using Orders on chart indicator. {image}

use your menu function Chart>Object> Object List ... or Ctrl + B

look what those objects names are created by the Orders on chart indictor.

If you tell me the pre-fix of those 'dirty' objects on your chart, I can write a quick and dirty simple script to clean them up.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,993
  • Nov 1, 2017 5:37am Nov 1, 2017 5:37am
Hello Emmanuel,

Thanks for Your Valuable Guidance.

is there any Different Indicator for MT5 Plat form as i am not able to add on MT5 which we are using on MT4 like TDI and other.

Thanks
  • #82,994
  • Nov 1, 2017 6:11am Nov 1, 2017 6:11am
Quoting emmanuel7788
{quote} Let's see ,............ and I will confirm. NDA = Non-Disclosure Agreement. Now folks, tell me who else wants to see a live account running TMS MEME.
Hi Emm.
I took a look about my PMīs but haven t seen any NDA yet.

Did you already start the process or whatīs your plan?


Stay tuned

Guido
Risiko birgt immer auch die Chance.
  • #82,995
  • Nov 1, 2017 6:34am Nov 1, 2017 6:34am
Quoting Sun10
Hello Emmanuel, Thanks for Your Valuable Guidance. is there any Different Indicator for MT5 Plat form as i am not able to add on MT5 which we are using on MT4 like TDI and other. Thanks

Here are the two important files for MT5:

Note, these are name .ex5 not .ex4
Attached File(s)
File Type: ex5 Synergy_APB.ex5   11 KB | 1,889 downloads
File Type: ex5 TradersDynamicIndex.ex5   26 KB | 1,922 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,996
  • Nov 1, 2017 6:37am Nov 1, 2017 6:37am
Quoting Sesamstrasse
{quote} Hi Emm. I took a look about my PMīs but haven t seen any NDA yet. Did you already start the process or whatīs your plan? Stay tuned Guido

No. Nothing done yet as I am busy this week with one broker server planned migration.

Will need a few days to get this sorted out and inform all the members.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,997
  • Nov 1, 2017 6:39am Nov 1, 2017 6:39am
Quoting emmanuel7788
{quote} Let's see how many more members want to see a live account trading with TMS MEME. If it is only you, I can simply give your my account investor password and you can login into my live account and follow live trades in realtime. But you must agree to a simple NDA with me. I have a small problem with leverage 1:400. My current broker only allow me 1:50 and they will reduce it to 1:25 in Jan 2018. I have to consider another broker who can offer me 1:100 or 1:200. Let me talk to the account manager. You do your weekly top down analysis post...
hi emmanuel. would love to join and see live account trading...
  • #82,998
  • Nov 1, 2017 6:40am Nov 1, 2017 6:40am
Quoting Deichkind
{quote} thank you for your answer. I use since several months the HA-close above PAC/TDI moderate/PAC-Trend with regard to the BPP and with MEME money management on insurance model. For Exit I use my goals which I will find in the BPP and close outside the other side of the PAC which maybe produce some DD sometimes. Do you use the HA-color change-exit also on the model with MEME? regards

I don't use the HA colour change on D1 chart for exit.
I look at price action, follow the Weekly and also the MN swing levels which I plan my position trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,999
  • Nov 1, 2017 6:42am Nov 1, 2017 6:42am
Quoting emmanuel7788
{quote} use your menu function Chart>Object> Object List ... or Ctrl + B look what those objects names are created by the Orders on chart indictor. If you tell me the pre-fix of those 'dirty' objects on your chart, I can write a quick and dirty simple script to clean them up.
Thanks so much Emm. It worked out.
  • #83,000
  • Nov 1, 2017 7:39am Nov 1, 2017 7:39am
21 pips usd/jpy
Attached Image (click to enlarge)
Click to Enlarge Name: 21 pips.png Size: 37 KB
31 traders viewing now