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Trading Made Simple(r)

  • #921
  • Jul 2, 2019 1:43pm Jul 2, 2019 1:43pm
Here are the trades that I am currently in using ONLY Template # 1.

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Always a Student, Never a Master - Emulate What Works
  • #922
  • Jul 2, 2019 1:45pm Jul 2, 2019 1:45pm
Quoting PhillipmC
Anyone looking at UJ ? {image}

yes, longer term sell add to Weekly.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #923
  • Jul 2, 2019 1:46pm Jul 2, 2019 1:46pm
GBPNZD H4 add-on to Weekly longer term trades


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #924
  • Jul 2, 2019 1:53pm Jul 2, 2019 1:53pm
Quoting marcara
{image} {quote} Be carefull: You have the round numer 0,7 and the two maxiums in your left as resistance.

yes, that Big Round Number BRN 0.7000 is holding plus CONFLUENCE of few other technical resistance ... previous price actions swing highs, use of moving averages, etc.

anything can happen .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #925
  • Jul 2, 2019 2:00pm Jul 2, 2019 2:00pm
hi RobinHood, first of all thank you for this thread and doing great job. i'm working on a different strategy but since there's some similarities with this strategy (TMSr), i wanted to suggest replace two EMA(5) & HMA(12) with step ehlers - optimal tracking filter indicator with following settings. it gives more accurate entry and exit signal and help stay with trend and dont exit very soon. it doesn't repaint but there is only one note that it needs two continuous candle closed to sure for color change.

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for example kirinda got out EU 4H on shown candle but eotf doesn't confirm that. i did some backtest and live trades and seems it works great.

Attached File(s)
File Type: ex4 step ehlers - optimal tracking filter (alerts).ex4   55 KB | 774 downloads


Thank you for your attention
  • #926
  • Jul 2, 2019 2:02pm Jul 2, 2019 2:02pm
NZDCAD Jul 02 D1

For those who trade the Daily, here is one which can happen tomorrow or the following day.
I add-on to my Weekly longer term trades.

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For those who were talking about price and market structure ... see the lower high and lower low >> lower highs lower lows >> these must show a series of LH LL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #927
  • Jul 2, 2019 2:06pm Jul 2, 2019 2:06pm
Quoting tuxTrader
hi RobinHood, first of all thank you for this thread and doing great job. i'm working on a different strategy but since there's some similarities with this strategy (TMSr), i wanted to suggest replace two EMA(5) & HMA(12) with step ehlers - optimal tracking filter indicator with following settings. it gives more accurate entry and exit signal and help stay with trend and dont exit very soon. it doesn't repaint but there is only one note that it needs two continuous candle closed to sure for color change. {image} {image} for example kirinda got out...

nice.

first we have DEMA then came along TEMA

https://www.metatrader5.com/en/termi...ndicators/tema
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #928
  • Jul 2, 2019 2:34pm Jul 2, 2019 2:34pm
Quoting tuxTrader
hi RobinHood, first of all thank you for this thread and doing great job. i'm working on a different strategy but since there's some similarities with this strategy (TMSr), i wanted to suggest replace two EMA(5) & HMA(12) with step ehlers - optimal tracking filter indicator with following settings. it gives more accurate entry and exit signal and help stay with trend and dont exit very soon. it doesn't repaint but there is only one note that it needs two continuous candle closed to sure for color change. {image} {image} for example kirinda got out...
Thank you Sr, I will try it.
  • #929
  • Edited 5:38pm Jul 2, 2019 2:39pm | Edited 5:38pm
Quoting tuxTrader
hi RobinHood, first of all thank you for this thread and doing great job. i'm working on a different strategy but since there's some similarities with this strategy (TMSr), i wanted to suggest replace two EMA(5) & HMA(12) with step ehlers - optimal tracking filter indicator with following settings. it gives more accurate entry and exit signal and help stay with trend and dont exit very soon. it doesn't repaint but there is only one note that it needs two continuous candle closed to sure for color change. {image} {image} for example kirinda got out...
Thank you for your suggestions and the indicator.

I cannot eliminate the 2 ma's I use, nor do I want to. They are an integral part of my methods in more ways than you probably even know. I use them LOTS of different ways and they would probably be the last thing that I would ever eliminate.

They show us Crossover Trades and Continuation Trades which are at the core of my methods. What you are offering does not show us those 2 type of trades.

Your indicator does basically the same thing as the RSI staying above or below the Purple 50 Line BUT with a higher setting, such as 21.

As far as staying in the trend longer, I don't really want to do that either. I don't enjoy riding the big roller coaster of price UP and DOWN. It's too hard on one's stomach and most people can't even do it.

I really do appreciate you (and others) making suggestions, and I always want people continue to do it, but something new has to REALLY bring some type of MAJOR improvement for us to change the template.
Always a Student, Never a Master - Emulate What Works
  • #930
  • Jul 2, 2019 2:43pm Jul 2, 2019 2:43pm
Quoting emmanuel7788
{quote} nice. first we have DEMA then came along TEMA https://www.metatrader5.com/en/termi...ndicators/tema
There would be no TEMA his way, only SEMA. LOL!

He wrote: i wanted to suggest replace two EMA(5) & HMA(12) with step ehlers
Always a Student, Never a Master - Emulate What Works
  • #931
  • Jul 2, 2019 2:57pm Jul 2, 2019 2:57pm
Quoting RobinHood
{quote} There would be no TEMA his way, only SEMA. LOL! He wrote: i wanted to suggest replace two EMA(5) & HMA(12) with step ehlers

Don't go there ... I have tried many things in 30 years.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #932
  • Jul 2, 2019 2:59pm Jul 2, 2019 2:59pm
GBPJPY Jul 03 D1 Sydney Open

New York hands over to Sydney ...

I pick the better one among the lot .. one with more 'room' to fall.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #933
  • Jul 2, 2019 3:04pm Jul 2, 2019 3:04pm
EURNZD Jul 03 H4

this one I will come back and catch later today but not at this hour ... there are 29 H4 candle in one week.

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD Jul 03 H1 later today 03-07-2019 06-01-29.png Size: 62 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #934
  • Jul 2, 2019 5:28pm Jul 2, 2019 5:28pm
Quoting emmanuel7788
EURNZD Jul 03 H4 this one I will come back and catch later today but not at this hour ... there are 29 H4 candle in one week. {image}
Hi emanuel, do you still use pz trend indicator?
  • #935
  • Jul 2, 2019 5:38pm Jul 2, 2019 5:38pm
Keeping an eye on this one.
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  • #936
  • Jul 2, 2019 7:31pm Jul 2, 2019 7:31pm
This where I am at 02:29 GMT before bed.
I've adjusted some of the stops and I put some 1.168 fibs to see if they'll get there. A lot of red bars already on all charts.
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  • #937
  • Jul 2, 2019 7:35pm Jul 2, 2019 7:35pm
Quoting Backspin
This where I am at 02:29 GMT before bed. I've adjusted some of the stops and I put some 1.168 fibs to see if they'll get there. A lot of red bars already on all charts. {image} {image}
nice!, btw is that control panel tab EA? is it free?
  • #938
  • Jul 2, 2019 8:21pm Jul 2, 2019 8:21pm
Quoting RobinHood
{quote} Thank you for your suggestions and the indicator. I cannot eliminate the 2 ma's I use, nor do I want to. They are an integral part of my methods in more ways than you probably even know. I use them LOTS of different ways and they would probably be the last thing that I would ever eliminate. They show us Crossover Trades and Continuation Trades which are at the core of my methods. What you are offering does not show us those 2 type of trades. Your indicator does basically the same thing as the RSI staying above or below the Purple 50 Line...
I understand what you say. and i know if you want to use eotf you must change many things and maybe leads to completely change the strategy that doesn't make sense. therefore i don't insist further explanation and suggestions. but now that i introduced this indicator just say that i use color change of ha candle and eotf (and surely confirmation of other indicators) for counter-trend trades. but for Continuation trades my way is completely different from you. for that, color of eotf must be stay with current trend (blue for buy and red for sell) but main indication and confirmation is from other indicators for continuation trades.

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  • #939
  • Jul 2, 2019 10:21pm Jul 2, 2019 10:21pm
First time try this system
Correct entry or not?
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  • #940
  • Jul 2, 2019 10:50pm Jul 2, 2019 10:50pm
Quoting Backspin
This where I am at 02:29 GMT before bed. I've adjusted some of the stops and I put some 1.168 fibs to see if they'll get there. A lot of red bars already on all charts. {image} {image}
Hay Backspin - does your TraderAgent calculate lot sizes per your inputs? Also - does it work properly on Metals and Index's??
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