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Monitor for 'Trading Made Simple' system 565 replies

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

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Trading Made Simple

  • #84,541
  • Dec 19, 2017 11:10pm Dec 19, 2017 11:10pm
Quoting mousteven
{quote} thanks for quick reply

you are welcome.

just happen that I am looking at Sydney market session closing...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,542
  • Edited 7:59am Dec 20, 2017 7:07am | Edited 7:59am
I have made up an indicator that shows arrows for entry using the TDI cross and the HA candle. The arrow is not re-drawing and is placed on the preceding bar to entry.
So it will display at the open of a new bar on the previous bar. There is a setting to use kinks and to use yellow conservative entry.

The image below shows arrows where a TDI cross has occurred above yellow for up/green arrow and with a HA change of colour to blue. Same but reverse for red arrow.

Uses DTI_RT and Synergy_apb files which should be in the MQL/Indicators folder.

Please let me know if you think this indicator is not accurate.

Attached File(s)
File Type: ex4 TDI_RT.ex4   15 KB | 512 downloads
Attached File(s)
File Type: ex4 Synergy_APB.ex4   4 KB | 521 downloads
Attached File(s)
File Type: ex4 TDIArrows.ex4   10 KB | 682 downloads


Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzdpro-h4-gain-capital-uk.png Size: 147 KB
  • #84,543
  • Dec 20, 2017 9:26am Dec 20, 2017 9:26am
Quick scalp
Attached Image (click to enlarge)
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Price is the leader of the market crowd!
  • #84,544
  • Dec 20, 2017 10:17am Dec 20, 2017 10:17am
Quoting Sachu
{quote} Hi Jeff, Very different charts to the usual TMS Charts on this thread! What system and indicators are you using? What is similarity to Big E's System? Please respond with details for everyone's knowledge. Cheers! Sachu
This should be exactly Big E's TDI strategy from when this post started many many moons ago. It seems to have morphed a couple times over the years. Enter on the second candle once the TDI crosses and the stoch confirms. I think the only thing that differs is the 5ma I use a +3 and -3 offset when they meet its an indication of a trend change.
  • #84,545
  • Dec 20, 2017 12:03pm Dec 20, 2017 12:03pm
Quoting jeffom
Small winner in NZDUSD 13 pips , trailed a bit to close. {image}
Jeff
You certainly got it right. First time that I see a member improve BigE's TMS by adding a extra indicator.
It will help a lot of new members to avoid false TDI cross over.
However for those that want to use it, you better study the 5EMA cross thoroughly before blindly following it.
Make a list of what you see and how it does interact with TDI and Stoch
- that some cross are before or after the TDI cross.
- bands contract when candles are small
- bands far apart in strong trend
- consolidation bands are almost strait line

You are going to get a lot question's how you use it, Jeff.
Thanks for posting.
Attached Image (click to enlarge)
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  • #84,546
  • Dec 20, 2017 1:13pm Dec 20, 2017 1:13pm
Why is everyone so helll bent about mathematical computations ( indicators)That always trail price. If you have trouble locating if trend is up or down why not look at HHHL or LLLH. Also if you trade large frames unless you have a large acct you will always be a nickel and dime trader. That's ok but you will never make a living doing that but if you all are hobby traders disregard this post carry on like your doibg
  • #84,547
  • Dec 20, 2017 1:28pm Dec 20, 2017 1:28pm
Quoting Divergence
Why is everyone so helll bent about mathematical computations ( indicators)That always trail price. If you have trouble locating if trend is up or down why not look at HHHL or LLLH. Also if you trade large frames unless you have a large acct you will always be a nickel and dime trader. That's ok but you will never make a living doing that but if you all are hobby traders disregard this post carry on like your doibg
Divergence
Forgetting something. Some member's that end up here do not know what is HHHL or LLLH. They read "Trading Made Simple". The word "simple" draw them like a bee to honey. How many times have you read "Where must I put the indicator"
  • #84,548
  • Dec 20, 2017 1:33pm Dec 20, 2017 1:33pm
I get you tekkies. To everyone finding the trend is simple when you watch price making higher highs and higher lows or lower lows and lower highs
  • #84,549
  • Dec 20, 2017 1:41pm Dec 20, 2017 1:41pm
Quoting Tekkies
{quote} Jeff You certainly got it right. First time that I see a member improve BigE's TMS by adding a extra indicator. It will help a lot of new members to avoid false TDI cross over. However for those that want to use it, you better study the 5EMA cross thoroughly before blindly following it. Make a list of what you see and how it does interact with TDI and Stoch - that some cross are before or after the TDI cross. - bands contract when candles are small - bands far apart in strong trend - consolidation bands are almost strait line You are going...
Nice I'm glad you like it, its the little things.
  • #84,550
  • Dec 20, 2017 2:03pm Dec 20, 2017 2:03pm
Hi,
just want to share an update of my script for handling SR-lines. This tool enables you to prepare your Big Picture Plan in a separate chart, store the resulting SR-Lines and then import them in your trading chart. Even accross multiple MT4 installations.

See my post with the previous version for more info:
https://www.forexfactory.com/showthr...8#post10493918

Attached File(s)
File Type: ex4 SR-Lines Store v1.02.ex4   34 KB | 355 downloads

This time I changed the export functions:

  1. Exports a separate file for the current Symbol and Timeframe.
    This is handy for sharing files with others.
  2. Then appends these entries to the common file "SRLines.csv".
    This file will now contain data from several symbols and timeframes.

Feel free to try, and propose improvements for next version.
Cheers...

  • #84,551
  • Dec 20, 2017 3:55pm Dec 20, 2017 3:55pm
NZDCAD Week 51 Dec 21

Nice end to the month and year for this pair.

rally from bottom 0.8700 to 09000 ...

looks like it is not going any where for days, maybe or maybe not.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD Week 51 Dec 21.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,552
  • Dec 20, 2017 4:01pm Dec 20, 2017 4:01pm
Quoting nigpig
I have made up an indicator that shows arrows for entry using the TDI cross and the HA candle. The arrow is not re-drawing and is placed on the preceding bar to entry. So it will display at the open of a new bar on the previous bar. There is a setting to use kinks and to use yellow conservative entry. The image below shows arrows where a TDI cross has occurred above yellow for up/green arrow and with a HA change of colour to blue. Same but reverse for red arrow. Uses DTI_RT and Synergy_apb files which should be in the MQL/Indicators folder. Please...
another reversal type of entry arrow?

Synergy Pro TDI places a lot more arrows in its sub-window.

how about placing an symbol "x" for where to exit?

are we losing our main focus on the Price and it action?
Attached Image (click to enlarge)
Click to Enlarge Name: Synergy Pro TDI vs TMS.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,553
  • Dec 20, 2017 4:17pm Dec 20, 2017 4:17pm
Don't you see all the false signals indicators give? There no price action connected with indicator trading putting you behind the eight ball
  • #84,554
  • Dec 20, 2017 4:50pm Dec 20, 2017 4:50pm
Quoting Divergence
Don't you see all the false signals indicators give? There no price action connected with indicator trading putting you behind the eight ball
Like Tekkies said, new traders are attracted here because they need indicators to see market direction. Even racing drivers once held L plates on their cars once. Indicators help develop the learning process so should be applauded not dismissed by smart ass know alls that just want to show of there naked chart expertise. Luckily for us it’s just there naked charts only they want to flash here.
Indicators work provided the trader is aware of their limitations and for me it just saves me time, especially if it comes with an alert. I don’t trade full time so any time saving alert system to notify me of a possible trade on the 21 pairs I trade is gold.
Trading thin liquidity at the boundary of the charts
  • #84,555
  • Dec 20, 2017 4:54pm Dec 20, 2017 4:54pm
Enough said and thanks for a newbie answer happy trails
  • #84,556
  • Dec 20, 2017 5:16pm Dec 20, 2017 5:16pm
So, here's the thing...trading can't be looked at in a linear fashion. First you have price movement, up and down, obviously. Price tends to gravitate toward certain price points - hence support and resistance. The other element you need to look at is volume which creates velocity and momentum. There isn't a true volume indicator for forex, but there are plenty of velocity/momentum indicators.

For me, price action candlestick patterns/analysis, and support and resistance are the absolute essentials...but if it wasn't for the MACD histogram, I wouldn't be winning as much as I do now. I trade divergence, only...and win...a lot. The MACD histo is the icing on the cake, and I won't trade without it.
I'm a seasoned trader for years.
Just my 2 cents.

Happy Trading,

-Dr. Ninja
  • #84,557
  • Dec 20, 2017 5:39pm Dec 20, 2017 5:39pm
Quoting Divergence
Enough said and thanks for a newbie answer happy trails
No charts, got nothing of value to offer here.
Come on Diva, if your’e got some real expertise in forex, now would be a time to prove your more than a person of one lines.
Seriously let’s see your magic ?
Trading thin liquidity at the boundary of the charts
  • #84,558
  • Dec 20, 2017 5:52pm Dec 20, 2017 5:52pm
no problem. First I don't trade forex that's a suckers game with fx brokers making a ficticious market but here is todays trading the left hand corner is daily profit. I use market profile to show levels where price found lots of volume and I look for setups around these levels. I trade pullbacks to supply and demand area with the trend I also use 123 and 2b pattens to identify direction market is going if you need more charts just ask politely
Attached Image (click to enlarge)
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  • #84,559
  • Dec 20, 2017 6:08pm Dec 20, 2017 6:08pm
what no response rick I figured as much I am done here carry on guys and good luck
  • #84,560
  • Dec 20, 2017 6:17pm Dec 20, 2017 6:17pm
Quoting Divergence
what no response rick I figured as much I am done here carry on guys and good luck
Calm down Diva.

Thank you for your chart here and NOW I appreciate your trading skills because you are showing us something of value that may help us. You are explaining your methods and willing to share your years of trading experience. I understand you must get frustrated with all us NEWBIES trading of silly and useless indicators in your eyes. One day if I could be half the trader you are, I would say almost the same thing and warn new traders about the lagging issues they inherently provide.

The different is I would me polite and respectful of traders.
Trading thin liquidity at the boundary of the charts
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