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Trading Made Simple

  • #83,541
  • Nov 21, 2017 3:20am Nov 21, 2017 3:20am
Hi Everybody,

can anyone recommend a good mt4 programmer. Not too expensive plrease.

Thanks a lot !!!

BR
E
  • #83,542
  • Nov 21, 2017 3:26am Nov 21, 2017 3:26am
Hey Folks,

If you just found this thread, I have a recommendation for you.

Go to the OP's profile and read all the posts he made in FF and pay attention to every chart he posted.

You will get to know the man and learn from the way he traded when he was a newbie in 2008. You will see how he started trading the Synergy 'system' and evolved from a conservative trader to become an aggressive trader and created his 5-Method.

Attached Image (click to enlarge)
Click to Enlarge Name: eelfranz profile.png Size: 152 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,543
  • Nov 21, 2017 3:51am Nov 21, 2017 3:51am
Quoting celc91
Another entry with TMS {image} And another with Gold {image}

there is no set up candle on your GBPUSD H4 chart.

Attached Image


go to this old post. zoom into that chart attached and learn what a set up candle is

https://www.forexfactory.com/showthr...47#post4369747

there are lots of examples posted by Big E. Just use the search keyword "set up candle"... or "s/u candle".

Attached Image (click to enlarge)
Click to Enlarge Name: setup candle chart1.png Size: 350 KB


Attached Image (click to enlarge)
Click to Enlarge Name: setup candle chart2.png Size: 209 KB


https://www.forexfactory.com/showthr...14#post4340014

https://www.forexfactory.com/showthr...81#post4353181

https://www.forexfactory.com/showthr...75#post4362975

https://www.forexfactory.com/showthr...18#post4363018

https://www.forexfactory.com/showthr...81#post4334581
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,544
  • Edited 4:37am Nov 21, 2017 4:04am | Edited 4:37am
Quoting Jordi
Right now, all my positions are losers. Let's see how the week ends. Today I have an eye on AUDNZD, there isn't a clear buy signal because there isn't a close above the PAC, but anyway, I'm going to open long positions if this pair closes above of the 5 MM. Friday did open and close, above the 5 MM (shift 3), and today too ( except, a last hour surprise). Also TDI D1 is bullish {image}

Hi Jordi,

Don't mind me saying this: Its time you dropped all the MAs from you trading charts. Your charts looks cluttered especially your MN and W1 charts.

Did you do your BPP after Oct MN closed? If you did your BPP, you could have started buy when Nov open.

AUDNZD POMO below:

MN chart, you see those MN price swing levels.
No view of the TDI on MN chart. The TDI is useless.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Nov Big Picture.png Size: 42 KB


W1 chart:
You see that big Weekly candle, I know that to be a Wide Range Bar WRB.
That WRB sets the high -low range of the market.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Nov Big Picture Weekly.png Size: 40 KB


D1 chart below:

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD D1 Big Picture.png Size: 72 KB


Example with MEME trades assuming that we trade long term and follow the MN Oct close. We normally expects the price to retrace looking at the price action of the MN chart.

Below is a back-test which I ran using my strategy tester.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD MEME example Nov 01 to 20 trades.png Size: 55 KB


Using a small account size $500 and traded 0.01 lot.
Trade small , make small money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,545
  • Nov 21, 2017 4:06am Nov 21, 2017 4:06am
AUDNZD CashFlow model

If you want to generate cash flow from forex trading, you need a bigger account.
Same back-test but with a $5,000 account and larger lot size.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD MEME example with dlr5k.png Size: 17 KB


Do you know whay I have 19 currency pairs divided into 5 groups?
I trade 5 pairs at the same time, one pair from each group.

If you lose 2 pairs out of 5, you have a win rate of 60% and very good $$$profit from just 3 winning pairs.
Just allocate $5k per pair.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,546
  • Nov 21, 2017 4:21am Nov 21, 2017 4:21am
Quoting Giannis95
guys I'm testing me / me but the results show that when you lose a basket of trades the losses are so great that you lose all the profits. I wonder, how do you cut off the losses if, at the time of the opening of the last trade of the basket, the losses are already overwhelming?

Hi Giannis95,

I have not seen any of your charts where you made trades and examples.
Without charts and trades taken, I cannot say what you did right or wrong.
Perhaps you have not fully understood how to trade with ME/ME and also what money management strategy you used.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,547
  • Nov 21, 2017 4:29am Nov 21, 2017 4:29am
Quoting Ernesto747
Hi Everybody, can anyone recommend a good mt4 programmer. Not too expensive plrease. Thanks a lot !!! BR E

There are a few good ones here in FF. .. and good value for money.

If you post your request in the Platform Tech forum, they will contact you via PM.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,548
  • Nov 21, 2017 4:54am Nov 21, 2017 4:54am
Quoting emmanuel7788
{quote} You took that UJ H4 chart from Post#351 and the answer is right there. https://www.forexfactory.com/showthr...91#post4577091 {image} And the next question is, can you enter a trade on candle#3? Answer : YES. why? {quote}
Its a little bit confusing.

Some are saying that VARIABLE A is Candle #1.

Some are saying that VARIABLE B is Candle #1.

Which is which?

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: CANDLES.png Size: 69 KB
  • #83,549
  • Nov 21, 2017 5:31am Nov 21, 2017 5:31am
Quoting Sesamstrasse
{quote} Do you remember the post youīre talking about?? stay tuned Guido
Hi Sesamstrasse

I will have to find that post by Emmanuel but it was 6-12 months ago, give me some time. I will then explain how a simple comment unlocked my understanding of how price action transitions through monthly zones.

In the meantime, I posted this chart on local Forex trading site when a trader asked me how I could make a educated guess when the next big move could occur.
Attached Image (click to enlarge)
Click to Enlarge Name: water current.png Size: 201 KB
Trading thin liquidity at the boundary of the charts
  • #83,550
  • Nov 21, 2017 6:10am Nov 21, 2017 6:10am
Quoting emmanuel7788
AUDNZD CashFlow model If you want to generate cash flow from forex trading, you need a bigger account. Same back-test but with a $5,000 account and larger lot size. {image} Do you know whay I have 19 currency pairs divided into 5 groups? I trade 5 pairs at the same time, one pair from each group. If you lose 2 pairs out of 5, you have a win rate of 60% and very good $$$profit from just 3 winning pairs. Just allocate $5k per pair.
Hi Emmanuel

AUDNZD - Just my take on this pair this week. For me the WCC candle was not an issue last week because the price action couldn't break the current Zone and my Kings Candles were invalid.
I have entered long last Friday with around 60 pips in the bank. Its still struggling to break this weeks high however but pressure is now being applied so this moves looks real. When the high is broken, I will enter with a MEME trade and see how it plays out.

What's your call on EURUSD
Attached Image (click to enlarge)
Click to Enlarge Name: AN.png Size: 273 KB
Trading thin liquidity at the boundary of the charts
  • #83,551
  • Nov 21, 2017 6:20am Nov 21, 2017 6:20am
Quoting inamasei
Again... 8 positions x 50 pips = 400 pips = lowerrightcorner {image} Beauty of the pivots
I thought you should see the progress of this trades once you stop playing with my tennis balls.
Its heading its target
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADH1.png Size: 49 KB
In trading, you have to be defensive and aggressive at the same time
  • #83,552
  • Nov 21, 2017 7:02am Nov 21, 2017 7:02am
Quoting ekoooy
{quote} Its a little bit confusing. Some are saying that VARIABLE A is Candle #1. Some are saying that VARIABLE B is Candle #1. Which is which? Thanks. {image}
Download BigE full.pdf
Study it.
You will find your answers as laid out by BigE
This post say it is B
Attached Image (click to enlarge)
Click to Enlarge Name: big.PNG Size: 46 KB
  • #83,553
  • Nov 21, 2017 7:13am Nov 21, 2017 7:13am
Quoting emmanuel7788
{quote} Hi Jordi, Don't mind me saying this: Its time you dropped all the MAs from you trading charts. Your charts looks cluttered especially your MN and W1 charts. Did you do your BPP after Oct MN closed? If you did your BPP, you could have started buy when Nov open. AUDNZD POMO below: MN chart, you see those MN price swing levels. No view of the TDI on MN chart. The TDI is useless. {image} W1 chart: You see that big Weekly candle, I know that to be a Wide Range Bar WRB. That WRB sets the high -low range of the market. {image} D1 chart below: {image}...
Hi Emmanuel, thank you very much for your reply, very elaborate. But now I'm confused with some points.

1. About MM. I'm using 5 EMA (shif3), 50 EMA, 200 EMA, because you use it in some of your charts. I thought they were important.
2. About my trade on AUDNZD. You said "Did you do your BPP after Oct MN closed? If you did your BPP, you could have started buy when Nov open". I made my BPP, but is not our entry based on D1? On Nov 1, the D1 TDI was bearish.
3. About the 19 currencies divided into 5 groups. I understand the logic behind of this, but what happens if you don't find valid setups in all the pairs? for example, what do you do if you only find tradable pairs in group 1? or only in 2 groups? I ask this because lately, a lot of pairs are in sideways mode, it's difficult to find pairs to trade, at least pairs that like me.
By the way of your post https://www.forexfactory.com/showthr...4#post10509034, I'm curious, which is the correct answer?
  • #83,554
  • Nov 21, 2017 9:12am Nov 21, 2017 9:12am
Quoting RickM
{quote} Hi Sesamstrasse I will have to find that post by Emmanuel but it was 6-12 months ago, give me some time. I will then explain how a simple comment unlocked my understanding of how price action transitions through monthly zones. In the meantime, I posted this chart on local Forex trading site when a trader asked me how I could make a educated guess when the next big move could occur. {image}
Hello Rick..
Thx for your example with the water..
100% agreed itīs my kind of view.

Excellent postings by the way!

Guido
Risiko birgt immer auch die Chance.
  • #83,555
  • Nov 21, 2017 9:32am Nov 21, 2017 9:32am
Quoting RickM
{quote} Hi Sesamstrasse I will have to find that post by Emmanuel but it was 6-12 months ago, give me some time. I will then explain how a simple comment unlocked my understanding of how price action transitions through monthly zones. In the meantime, I posted this chart on local Forex trading site when a trader asked me how I could make a educated guess when the next big move could occur. {image}
Rick,
I will appreciate seeing that post also.
Thanks again.
Frank
  • #83,556
  • Nov 21, 2017 4:16pm Nov 21, 2017 4:16pm
Quoting emmanuel7788
{quote} Back to your question. To do what you want is quite easy with the new MT4 features.
Hi, Emmanuel, thank you so much for your reply! But forgive me if this is something so obvious: what new mt4 features would allow me to look at TDIs of all pairs for a certain timeframe in one chart?
Thx for your help as always!
shuo
  • #83,557
  • Nov 21, 2017 5:49pm Nov 21, 2017 5:49pm
Quoting RickM
{quote} Hi Emmanuel AUDNZD - Just my take on this pair this week. For me the WCC candle was not an issue last week because the price action couldn't break the current Zone and my Kings Candles were invalid. I have entered long last Friday with around 60 pips in the bank. Its still struggling to break this weeks high however but pressure is now being applied so this moves looks real. When the high is broken, I will enter with a MEME trade and see how it plays out. What's your call on EURUSD {image}

EURUSD Week 47 Nov 23:

Market is ranging now with two big candles, that Weekly WRB and the D1 WRB.
I favour sell from resistance of those WRBs.

Intraday week possible swing low target region is 1.1712 (current week low) and 1.16750. Caution as Merkel faces new challenges.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 47 Nov 23 Tokyo.png Size: 48 KB


For those traders using Synergy Price Action Channel 5SMMA High Low, you will see D1 bar and HA candles are insie this PAC.

Good Trading and Trade Well Folks.



Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 47 Nov 23 PA HA PAC.png Size: 52 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,558
  • Nov 21, 2017 5:56pm Nov 21, 2017 5:56pm
Quoting eelfranz
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...

Hey Folks,

remember Big E's post above,

here is a perfect example example AURCAD D1 chart.
If you had forward tesed this entry and exit using the TDI cross and

also the other entry and exit using the HA Close with PAC and TDI Moderate mode,

you get the same result = +75 pips for one single entry / single exit trade,

1 std lot = 75 pips or $750

but if you chopped that one single trade into small lots, say 10 x 0.1 std lot, you get 750pips.

but the money you bank in will still be $750 in your bank.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD Week 47 Nov 22 HA close.png Size: 23 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,559
  • Nov 21, 2017 6:09pm Nov 21, 2017 6:09pm
Quoting zhangshuo
{quote} Hi, Emmanuel, thank you so much for your reply! But forgive me if this is something so obvious: what new mt4 features would allow me to look at TDIs of all pairs for a certain timeframe in one chart? Thx for your help as always! shuo

Hey zhangshuo,

Very sorry but I don't have time to be discussing mql programming here in this thread.

There are website / forums where programmers share and discuss mql4 and mql5 programming.

If you follow the new mql5, there is future beyond 2020.

I can continue with mql4 for another 2 years then it will be mql5 for me.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,560
  • Nov 21, 2017 7:04pm Nov 21, 2017 7:04pm
Quoting ekoooy
{quote} Its a little bit confusing. Some are saying that VARIABLE A is Candle #1. Some are saying that VARIABLE B is Candle #1. Which is which? Thanks. {image}
Once upon a time I was confused too.
But that was long time ago.
I have since sorted that out.

Two most important posts, IMHO that helped me sort out my confusion.

Attached Image (click to enlarge)
Click to Enlarge Name: Post 261.png Size: 91 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Post 647.png Size: 84 KB


Now you have to sort out on your own.

Have fun!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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