(binned per thread starter’s request) MM (Money Maker) Detective

Would you mind giving an example what you do to adjust your risk? I'm currently trying the same, and I think changing position size correctly would be a lot more productive than trying to pinpoint entries, but I feel like I'm swimming upstream.

Scaling in/out when price does this/that. It all depends on you. Get a friend, ask him to tell you at random times to open a long/short position on demo and practice position management. Try to make profit without analysing old market data while maintaining reasonable(predefined) risk levels. You will learn more about the market this way than by reading books and theories. You learn by doing mostly.

That's an interesting idea, thanks! I'm new to this, and maybe I have a completely wrong take on it, but putting on a position all at once and then waiting for price to hit SL or TP feels a lot like playing Roulette: place your bet, wait for result, pay your ~ 1.4 or 2.8 % to the casino in the long run. Suckers game.

Hi @robots4me.
I know I didn't contribute anything here, but I watch this thread and I think it's interesting. I can't help much neither because I trade with EA's and I don't have time to watch my PC. But I wanted to try MM-TmaTrue-HTF because I think price corespondent good to TMA bands and decided to try today on GU and UJ, and got easy 10 pips. But without push notifications I can't trade it because I don't have time to watch and wait to price break level. So if it's not big problem for you if you could add push notifications I think most of people here would thank you for that.
Cheers and keep going forward and don't give a shit what those guys says on the other thread.

[quote=RickM;12296525]{quote} .....So lets get to the ADR issue, price gets trapped within zones and is controlled under pressure and remains in reversal mode till the MM decides to leave. During this time, counting the ADR is of no value other than counting the size of the box in pips when a breakout occurs....

R4M I would like to raise RickM's fascinating post earlier in the month which I think was overlooked by many due to Thread Wars at the time.

He talks of areas of "irrelevant ADR" - you have expressed particular interest in ADR in your thinking so I think it would be great if RickM could expound more on this. At the time I got called away and didn't get into it to any degree but I think there is gold here to be understood.

This is RickM's quote regarding "irrelevant ADR" (not linked in my previous post)

...[/quote]...[/quote]

@TopCover --yes, I agree. I saw @RickM's post about ADR and it piqued my interest, but I wasn't sure how to treat it. Around that time it was becoming clear that both @George's list of filters and treasure map relied heavily on ADR, plus most of his charts included ADR. Also, @rosalieone's observation that reversals often occur at around 0.75 of the ADR, around the same time each day, was most compelling. Plus others have shared positive reports using ADR. So, I decided to run with it.

I'm not wedded to ADR and no doubt the clues it provides aren't applicable all the time. If @RickM would care to share more about zones and vacuums that would be really interesting and most welcome. So, @RickM, in between your world travels and provoking NYPD, perhaps you could shed some additional light?

Robots4me, I have been studying George and moodybots trades. I have been his student from day1 of his thread learning quietly and I wrote that on post #2631.

He trades exactly opposite to me. His strength is my weakness, my strength is his weakness. I learned much from him. He learned nuts from me.

Master trader claims to be the greatest trader on the planet in the order of our beloved greatest, Muhammed Ali. His devotees repeatedly post that too. Not sure it means he has absolutely nothing else to learn or he has nothing to learn from anyone on this forum, that's outright discriminatory.

While I clearly see glaring gaps in his knowledge, huge ones in fact, ie. his weakness. I won't point it out, since he and his inner family has nothing to learn from anyone or nothing else to learn.

Professional traders learn the knowledge and skill from everyone, rookies and veteran traders alike. We are honest and humble always. We acknowledge both our strength and weakness. There is always something, however small, to learn from everyone. It's life long learning.

I asked for Master Kevin's last 10 entry, exit not to criticise or humiliate him, but to humbly learn from his trades.

His negative mind automatically interprete my polite request as to snipe him. That's a negativity infested mind.
(Now that he knows there's no negative threat, that he obliges my request the purpose is that the entire world of traders can learn from him, that's the extent of help he can give if he sees it with a positive mindset. Same with Master George whose purpose of his thread is to extend help to fellow traders, lest he forgets.)

I do not make the same request from George very early in his thread for this same purpose. His fanatic devotees thought of the same negativity that the purpose is to prove his 98% claim is false and blatant lie.

Why ? Because some other posters were demanding for proof of his claims. I posted about the same time. So, George automatically thinks I am together with this bunch of posters who is out to get him. Too bad, under pressure he succumbed to negative thinking presuming that everyone have evil intent towards him.

Nope, the truth is I couldn't care less about his results that he is making the millions or not. Who cares ? He doesn't fund my account nor pay my bills, does he ?

I only want to learn from him to strengthen my weakness. His trades will teach me much more than his useless wall of colourful text. That's the only relevant thing to me.

That's the trading aspect.

The human side is atrociously horrendous. I don't have to write anything. Just read their posts. If anyone is physically blind, let me help you read aloud.

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(part 2)

Robots4me, If you study George and moodybot trades they posted, you will notice their trades are primarily convergence trading. This means they trade from the extremes expecting price to return to the mean.

You have written indicators of adr and NIH calibrated tma to automate this process to identify the extreme. Your first indicator marks the high low, then you made the liquidity indicator that marks the charateristic and quality of price. All good.

Imho, for convergence trading, where the market presents multitudes of diverse scenarios whose standard deviation is unlimited. George targets is one good way to approach this form of trading to mitigate the risk.

Not all spikes that enter TMA 1minute is a safe trade. George method selects the targets then apply TMA 1m. This makes such convergence trades safer.

This means that the indicators do the automated job, but we traders still have to manually look at targets from the big picture to make the overall assessment of the trade setup.

This is based on whatever that's posted on his thread. Ofc there are proprietary methods that George shares only with his trusted inner circle. I pointed out this selfish selective discrimination months ago on his thread. You help me I help you, you no help I eff you. I want none of that, main reason why I have not accepted his invitations which I wrote on his thread.

The takeaway from all this is to recognise the risk of convergence trading from extremes. Traders interested can learn from George his 40,000 hours screen staring to acquire the skill to identify targets. You may develop your own proprietary theories to quantify and simplify the selection process along the way.

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(part 3)

Or to cut short your learning curve you may beg him for his proprietary knowledge, comes with a bonus EA. In exchange for paid company and paid friendship something he can't take with him to his grave. A win win situation.

Here is the simple instruction,

1. Send moodybot your request to book a private skype session,

2. Code of conduct - remember to be at your sweetest and nicest always, lovey dovey,

3. Don't ever speak your mind, that's a bad no no, speak about Sadhguru yes yes yes, and

4. Remember you are in the company of old folks, be at your best subservient self.

Finally, for the elderly and aged, ask god for help that he gives you inner strength that you don't have.

That's it folks. I have given you the secret formula to trading success.

Thank you so much for sharing your cool knowledge on George convergence trading! It really saves me alot of time from trying to understand the colorful texts

@skyway -- amazing post -- thank you.

YES !! Spikes entering the M1 TMA Zone are not necessarily safe -- but they do have a high probability. You need another filter (or two). I am not familiar with convergence, but I think ADR could play a role here as well. Also, @nigpig had an interesting observation about slopes that would be easy to add and which could also be applied as a filter (post #2594).

I was recently suspended again, which gave me more time to work on a new indicator that looks promising and which could provide the backbone of a trading system. I hope to release it within the next day or so.

@majamivice -- I'm working on a new version of this indicator and it will support push notifications.

Here's a series of visuals of top down timeframes of EURUSD and EURCAD that profitfarmer traded on 6 June. This is a detail visual study from the lens of the indicators made available by r4m and NIH.

EURUSD

EURCAD

Visual study of Moodybot call for GBPJPY through the lens of the indicators made available by r4m and NIH.

GBPJPY

GBPAUD

@skyway -- I just reread your post and came across this line at the end -- I know you wouldn't be referring to me, right?

As for inner strength to put up with @George et al -- they have no clue. I'm just getting warmed up...

GBPUSD

I have 2 EA's that triggered the M15 GBPJPY reversal trade shown by Moodybot, both EA's look to either follow PA or find reversals based on different parameter conditions. (charts are just to show the trades were triggered)

What I am looking for is additional filters for the reversal trades and maybe the TMA will work.

Regarding Targets, one of the EA's opens 3 trades with different TP's, basically it is best not to get too worried about targets, once a trade is opened anything can happen, so it is more about Money Management.

What I have learnt over the years is if you have a good EP then most trades will go into profit, so the most important thing is to protect your account from any loss, forget the saying let the trade breath there are thousands more trades that can be made, so protect any profit you might have with an SL which is BE plus a few pips profit. Then you have a free trade if it makes your TP great, if not and your SL gets hit, well so what, look for another setup and move on knowing your not out of pocket.

Thanks for posting the charts skyway. Is the blue target zone created by an indicator, or did you fill that in yourself? Thank you.

Hi hoss, Yes it's manually drawn mostly based on adr and H4 chart.