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Trading Made Simple(r)

  • #781
  • Jun 30, 2019 1:39am Jun 30, 2019 1:39am
Quoting Giedrius
I would like roll out some discussion if someone is at the screens this weekend, and as more answer as possible would be beneficial for everyone , I think . What you want see on Daily chart before you take trade on 4 hrs. chart . All indies are in place and you ready to trigger, in which positions you want to see a Stochastics and RSI in lower window?. I understand it is no one answer, but maybe is one or two which are working best. Stochastics and RSI crossed 50 in yours direction , Stochastics and RSI close to cross it , Stochastics and RSI bellow...
Hi Giedrius

I swing trade on Daily and Weekly charts timeframes.

Since we have June month closed on Friday, I would look at my Monthly charts and get an update of the market condition.

And on my weekends, I prepare my week trade plan.
First thing I do is to look at the economic events calendar and take note of the tier one type news/data release. And also other events not on any calendar like the concluded G20 meeting and the Trump-Kim meeting at the DMZ.\

Once I have my view of all the MN charts of my 20-pairs, I will know what to look for next and also how I would be managing all my open positions from the previous week.

I see two new potential on my MN charts below.

But these are MN timeframes , and the next task is to drill down to the Weeky to get a quick top down analysis.
I would be looking for correction trades on either Daily and also H4 is possible. by always prepared when the swing high during this month is seen then prepare the ride the MN down.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Jun 30 MN 30-06-2019 16-21-41.png Size: 62 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jun 30 MN 30-06-2019 16-22-17.png Size: 64 KB


Of course, there are CONTINUATION potential possibilities in the other pairs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #782
  • Jun 30, 2019 2:06am Jun 30, 2019 2:06am
RobinHood said that if we trade 4h time frame we must look on Daily time frame for confirmation. Does it means that Daily time frame should match all the rules as H4 or we have to check just for a trend?
  • #783
  • Jun 30, 2019 2:27am Jun 30, 2019 2:27am
Quoting emmanuel7788
{quote} Hi Giedrius I swing trade on Daily and Weekly charts timeframes. Since we have June month closed on Friday, I would look at my Monthly charts and get an update of the market condition. And on my weekends, I prepare my week trade plan. First thing I do is to look at the economic events calendar and take note of the tier one type news/data release. And also other events not on any calendar like the concluded G20 meeting and the Trump-Kim meeting at the DMZ.\ Once I have my view of all the MN charts of my 20-pairs, I will know what to look...
I would like to thank you for sharing the e-pdfs about RSI. It opened up my eyes on how it can be utilized. Once again, thank you and all the best.
  • #784
  • Jun 30, 2019 3:28am Jun 30, 2019 3:28am
Quoting vothanhtung
Thanks RobinHood, I'm from Vietnam. I followed using System of you very and very success. But i have customized it in conjunction with Bollinger Band +SMA50 and just use sctoch(8,3,3) + RSI 14 + Line 50. I use them trading timeframe hour 1. Thank so much!
Hi Vothanhtung,
Would you please share your template and rules please..
Best Wishes
  • #785
  • Jun 30, 2019 4:03am Jun 30, 2019 4:03am
Quoting onsen
RobinHood said that if we trade 4h time frame we must look on Daily time frame for confirmation. Does it means that Daily time frame should match all the rules as H4 or we have to check just for a trend?
Yes, the rules are always the same no matter what time frame the chart is.
Always a Student, Never a Master - Emulate What Works
  • #786
  • Jun 30, 2019 4:38am Jun 30, 2019 4:38am
Quoting emmanuel7788
{quote} Hi Giedrius I swing trade on Daily and Weekly charts timeframes. Since we have June month closed on Friday, I would look at my Monthly charts and get an update of the market condition. And on my weekends, I prepare my week trade plan. First thing I do is to look at the economic events calendar and take note of the tier one type news/data release. And also other events not on any calendar like the concluded G20 meeting and the Trump-Kim meeting at the DMZ.\ Once I have my view of all the MN charts of my 20-pairs, I will know what to look...
Thank you for replying and explaining!
  • #787
  • Jun 30, 2019 6:24am Jun 30, 2019 6:24am
guys does this make sense on last weeks performance while following my filters?



[AUDCAD-none] [,USDJPY -40],[AUDCHF-40,][AUDJPY-neg12 plus60,][AUDNZD neg 40 news candle,][AUDUSD 40][,CADCHF 40,][CADJPY 70,] [CHFJPY neg -20,] [EURAUD 165][,EURCAD 110][,EURCHF 10,][EURGBP break even][,EURJPY,15][EURNZD 248][,EURUSD no trades][,GBPAUD 200][,GBPCAD130][,GBPCHF neg 40][,GBPJPY 20][,GBPNZD 350][,GBPUSD neg 30][,NZDCAD 55][,NZDCHF 52,][NZDJPY 130][,NZDUSD 100][,USDCAD35][,USDCHF break even]
edited


negative - 222 pips

positive pips 1,830.
1,608 total pips .
. little to no drawdown once all histos agree see pic.
All histos non repaint
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h4-gain-capital-group.png Size: 40 KB
  • #788
  • Jun 30, 2019 6:48am Jun 30, 2019 6:48am
Quoting Bluejay12
guys does this make sense on last weeks performance while following my filters? [AUDCAD-none] [,USDJPY -40],[AUDCHF-40,][AUDJPY-neg12 plus60,][AUDNZD neg 40 news candle,][AUDUSD 40][,CADCHF 40,][CADJPY 70,] [CHFJPY neg -20,] [EURAUD 165][,EURCAD 110][,EURCHF 10,][EURGBP break even][,EURJPY,15][EURNZD 248][,EURUSD no trades][,GBPAUD 200][,GBPCAD130][,GBPCHF neg 40][,GBPJPY 20][,GBPNZD 350][,GBPUSD neg 30][,NZDCAD 55][,NZDCHF 52,][NZDJPY 130][,NZDUSD 100][,USDCAD35][,USDCHF break even] edited negative - 222 pips positive pips 1,830. 1,608 total pips...
How would you perform with just the orginal indicators ? how did you trade just 4h what stop and targets ? it looks very good you are in very mutch on the + side

Best regards
  • #789
  • Jun 30, 2019 7:50am Jun 30, 2019 7:50am
Quoting jgadefelth
{quote} How would you perform with just the orginal indicators ? how did you trade just 4h what stop and targets ? it looks very good you are in very mutch on the + side Best regards
Ok yeah exit according to regular rules , or histos not in agreement , I did this as a back test I only placed a few of actual trades ... mostly the key exit is change in color tape wrapped around price

with the higher time frame histo it allows you to stay out of trade until trend is strong and confirmed as a result little draw down so can enter with larger lots . Whenever trend changes it’s often always going to retrace back out of your favor , when this occurs it appears that’s when the Tms mtf tape will then change color in agreement with all other other 4 histo filters .. nice part about the histos is it’s black and white for emotions and decisions
  • #790
  • Jun 30, 2019 8:15am Jun 30, 2019 8:15am
Quoting Bluejay12
{quote} Ok yeah exit according to regular rules , or histos not in agreement , I did this as a back test I only placed a few of actual trades ... mostly the key exit is change in color tape wrapped around price with the higher time frame histo it allows you to stay out of trade until trend is strong and confirmed as a result little draw down so can enter with larger lots . Whenever trend changes it’s often always going to retrace back out of your favor , when this occurs it appears that’s when the Tms mtf tape will then change color in agreement...
Am sorry i dont understand can you explain with a picture please ? Did you test any other pair ? it seems like your stop was more of a number like 40 pips ?

Best regards
  • #791
  • Jun 30, 2019 8:19am Jun 30, 2019 8:19am
Quoting Bluejay12
{quote} Ok yeah exit according to regular rules , or histos not in agreement , I did this as a back test I only placed a few of actual trades ... mostly the key exit is change in color tape wrapped around price with the higher time frame histo it allows you to stay out of trade until trend is strong and confirmed as a result little draw down so can enter with larger lots . Whenever trend changes it’s often always going to retrace back out of your favor , when this occurs it appears that’s when the Tms mtf tape will then change color in agreement...
Thanks for sharing. (BTW I noticed you are missing the RSI in your chart).

I installed your indis but the lower one is not showing the same values as yours. Did you change the default settings and made it the same for all pairs?
I would like to review this on all the pairs.

And for exits did you mean on complete candle color change and change of HMA color?

Thanks again.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.proH4.png Size: 90 KB
  • #792
  • Edited 8:41am Jun 30, 2019 8:27am | Edited 8:41am
Quoting Bluejay12
guys does this make sense on last weeks performance while following my filters? [AUDCAD-none] [,USDJPY -40],[AUDCHF-40,][AUDJPY-neg12 plus60,][AUDNZD neg 40 news candle,][AUDUSD 40][,CADCHF 40,][CADJPY 70,] [CHFJPY neg -20,] [EURAUD 165][,EURCAD 110][,EURCHF 10,][EURGBP break even][,EURJPY,15][EURNZD 248][,EURUSD no trades][,GBPAUD 200][,GBPCAD130][,GBPCHF neg 40][,GBPJPY 20][,GBPNZD 350][,GBPUSD neg 30][,NZDCAD 55][,NZDCHF 52,][NZDJPY 130][,NZDUSD 100][,USDCAD35][,USDCHF break even] edited negative - 222 pips positive pips 1,830. 1,608 total pips...
When I placed the Genesis 2.2 indi on my chart, I get different signals than what you show. Look in the yellow boxes on each chart, they are for the same time period on the same chart. I assume it's because your T3 settings are different. Can you show us your T3 setting like I have done in the 3rd chart down? Or just tell us what they are?

Your Chart:

Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h4-gain-capital-group.png Size: 41 KB


My Chart:

Attached Image (click to enlarge)
Click to Enlarge Name: Genesis Different.PNG Size: 77 KB


My T3 Settings

Attached Image (click to enlarge)
Click to Enlarge Name: T3 Settings.PNG Size: 28 KB
Always a Student, Never a Master - Emulate What Works
  • #793
  • Jun 30, 2019 8:41am Jun 30, 2019 8:41am
OK I was working on another MT4 which was missing a couple of indis that make up the Genesis on my previous pic. I have them all for this pic, but there is still a difference in some of the color changes. I don't know if this is just due to broker difference.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.proH4.png Size: 85 KB
  • #794
  • Jun 30, 2019 9:17am Jun 30, 2019 9:17am
Quoting jgadefelth
{quote} Am sorry i dont understand can you explain with a picture please ? Did you test any other pair ? it seems like your stop was more of a number like 40 pips ? Best regards
Hello, yes I did back test on every 4h pair from Monday - Friday. All 28 pairs. Exit on HMA 12 change color or histos not agree
  • #795
  • Jun 30, 2019 9:20am Jun 30, 2019 9:20am
Quoting jgadefelth
{quote} Am sorry i dont understand can you explain with a picture please ? Did you test any other pair ? it seems like your stop was more of a number like 40 pips ? Best regards
Yes about 30-40 pip stop or last swing high or low point , or 2 candles back like robinhood .. move stop loss to break even when in profit . Continue to move stop to protect profits
  • #796
  • Jun 30, 2019 9:23am Jun 30, 2019 9:23am
Quoting RobinHood
{quote} When I placed the Genesis 2.2 indi on my chart, I get different signals than what you show. Look in the yellow boxes on each chart, they are for the same time period on the same chart. I assume it's because your T3 settings are different. Can you show us your T3 setting like I have done in the 3rd chart down? Or just tell us what they are? Your Chart: {image} My Chart: {image} My T3 Settings {image}
Thats strange that out genesis histo is not matching up , I did not change any settings . Once candle closes it paints forever

That’s strange your genesis matrix looks diffeeet than mine

tvi-s 12
tvi-u 5
cci oeriod 20
cci thresh 60
t3 period 8
t3 bar count 1500
gann high low period 10
  • #797
  • Jun 30, 2019 9:29am Jun 30, 2019 9:29am
Quoting Bluejay12
{quote} Thats strange that out genesis histo is not matching up , I did not change any settings . Once candle closes it paints forever That’s strange your genesis matrix looks diffeeet than mine tvi-s 12 tvi-u 5 cci oeriod 20 cci thresh 60 t3 period 8 t3 bar count 1500 gann high low period 10
Why don't you post your Genesis indicator and that way maybe ours will then match yours?
Always a Student, Never a Master - Emulate What Works
  • #798
  • Jun 30, 2019 9:29am Jun 30, 2019 9:29am
Quoting Backspin
OK I was working on another MT4 which was missing a couple of indis that make up the Genesis on my previous pic. I have them all for this pic, but there is still a difference in some of the color changes. I don't know if this is just due to broker difference. {image}
This genesis histo looks pretty close to my broker platform (forex.com )
becaise we all have different gmt broker close time , that perhaps impacts the color dots on candle close , since we all might have different candle close time gmt plus or minus
  • #799
  • Jun 30, 2019 9:30am Jun 30, 2019 9:30am
Quoting Bluejay12
{quote} Thats strange that out genesis histo is not matching up , I did not change any settings . Once candle closes it paints forever That’s strange your genesis matrix looks diffeeet than mine tvi-s 12 tvi-u 5 cci oeriod 20 cci thresh 60 t3 period 8 t3 bar count 1500 gann high low period 10

different broker ? the other indicator you have where did you find it ?

Best regards
  • #800
  • Jun 30, 2019 9:30am Jun 30, 2019 9:30am
Quoting RobinHood
{quote} Why don't you post your Genesis indicator and that way maybe ours will then match yours?

sure thing, see attached
Attached File(s)
File Type: mq4 GenesisMatrix 2.22.mq4   18 KB | 699 downloads
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