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Trading Made Simple(r)

  • #2,301
  • Aug 1, 2019 10:32am Aug 1, 2019 10:32am
Quoting tuxTrader
HMA have repaint ? {image}
No, HMA does not repaint. What you see here is the display issue inherent to many color-coded line indicators on MT4. There is a solution, I won't dive into unnecessary tech details, instead I suggest to use Mladen Rakic's wonderful universal averages indicator. Just select "Hull Moving Average - HMA" and set the period to 12.
Attached File(s)
File Type: ex4 averages - mtf - alerts 8.8.ex4   151 KB | 352 downloads
Trust the Awesomeness, monkeys.
  • #2,302
  • Aug 1, 2019 12:14pm Aug 1, 2019 12:14pm
sorry ... someone can tell me how I can make the Swingman expert Come try to give the ok disappears from the window. I don't know if I'm wrong or if my MT4 has problems
sorry ... someone can tell me how I can make the Swingman expert Come try to give the ok disappears from the window. I don't know if I'm wrong or if my MT4 has problems
Attached Image (click to enlarge)
Click to Enlarge Name: expert smTMMS.JPG Size: 110 KB
  • #2,303
  • Aug 1, 2019 1:14pm Aug 1, 2019 1:14pm
Quoting emmanuel7788
{quote} Hi deaddie To achieve those %returns demands commitment and to treat trading as a business. Quoting Big E the OP of Trading Made Simple in one of his early post in Forex Factory (Post#296) "Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice. When your confident... go live." First, you must learn and master the trading methodology as RH laid out in Post#1. The next step is to work on and develop a Money...
Well done Emm!.

You have Traded Well

Cheers.
  • #2,304
  • Aug 1, 2019 1:20pm Aug 1, 2019 1:20pm
Quoting emmanuel7788
{quote} Yes, Your observation is correct. The HMA is a realtime indicator and it does repaint under certain price condition. Study these screen shots 1 to 6 below and note the bar/candle time and the price action and the HMA respond to the price. {image} {image} {image} {image} {image} {image}
Hence ALWAYS wait for the bar to close.

Trade well.
  • #2,305
  • Aug 1, 2019 2:50pm Aug 1, 2019 2:50pm
Quoting krismitt
{quote} Hence ALWAYS wait for the bar to close. Trade well.

Yes, that is correct that we must always wait for the bar/candle to close to confirm all the trade setup conditions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,306
  • Aug 1, 2019 3:13pm Aug 1, 2019 3:13pm
Hi Emmanuel,

A few days ago you posted about EUR/CAD. Asked about the daily and how we should prepare for that. Did you get into this trade after all? Took some drawdown but wasn't sure about the entry and so I used for the first time the multiple entry / multiple exit method and was able to stomach it, average a better price, and capitalize on the swing. Thanks for that!
  • #2,307
  • Aug 1, 2019 3:38pm Aug 1, 2019 3:38pm
Quoting NewbTrader7
Hi Emmanuel, A few days ago you posted about EUR/CAD. Asked about the daily and how we should prepare for that. Did you get into this trade after all? Took some drawdown but wasn't sure about the entry and so I used for the first time the multiple entry / multiple exit method and was able to stomach it, average a better price, and capitalize on the swing. Thanks for that!
There is no H4 and D1 swing trade opportunity yet as I see the W1 candles are inside the HMA and 5EMA.

Wait till I see the W1 move above or below the 5EMA yellow line and follow the 7 indicators rules in Post#1.... be safe.
Look at D1 .. it is still choppy.
The MN look clearer but many things can happen during the month.. not worth the risk.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD W1 Aug 02 02-08-2019 04-30-41.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,308
  • Aug 1, 2019 3:40pm Aug 1, 2019 3:40pm
Quoting rikko
sorry ... someone can tell me how I can make the Swingman expert Come try to give the ok disappears from the window. I don't know if I'm wrong or if my MT4 has problems sorry ... someone can tell me how I can make the Swingman expert Come try to give the ok disappears from the window. I don't know if I'm wrong or if my MT4 has problems {image}

Read that thread by SwingMan and this post

https://www.forexfactory.com/showthr...5#post12409785

you must have all his indicators & expert advisor in their correct folders.

***important that you have only those pairs you trade in your Market Watch.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,309
  • Aug 1, 2019 4:23pm Aug 1, 2019 4:23pm
Have to say that I have Loved this one!.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.png Size: 120 KB

Trade Well.
  • #2,310
  • Aug 1, 2019 4:25pm Aug 1, 2019 4:25pm
This one is a Beast, so I always move my Stop to BE quite early.

Trade well.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.png Size: 73 KB
  • #2,311
  • Aug 1, 2019 4:27pm Aug 1, 2019 4:27pm
I trade these (CHF) whenever I see a good setup. Here is one.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHF.png Size: 80 KB

Trade well.
  • #2,312
  • Edited 5:12pm Aug 1, 2019 4:38pm | Edited 5:12pm
AUDUSD

This is not exactly a Cross or a Continuation entry but I had other reasons to get in on ths one; stop now at BE.

Edit: Thought I would remove this one as the entry was not based on this methodology (was only used for confidence boosting).

Cheers.
  • #2,313
  • Aug 1, 2019 4:57pm Aug 1, 2019 4:57pm
EURGBP.

BUY Trade?.

Trade well.
  • #2,314
  • Aug 1, 2019 6:58pm Aug 1, 2019 6:58pm
Quoting krismitt
EURGBP. BUY Trade?. Trade well.

sure...why not?

its only 1R maximum loss but the potential is unknown.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,315
  • Aug 2, 2019 12:53am Aug 2, 2019 12:53am
GU H4 short
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 139 KB
Detach yourself from the value of money - Mr. Pip
  • #2,316
  • Aug 2, 2019 1:11am Aug 2, 2019 1:11am
Hey Folks

Today is NFP during NY session ... normally safe when we follow the Weekly and Daily direction but any small SL during that hour will be taken easily.

Trade Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,317
  • Aug 2, 2019 1:14am Aug 2, 2019 1:14am
Quoting emmanuel7788
Hey Folks Today is NFP during NY session ... normally safe when we follow the Weekly and Daily direction but any small SL during that hour will be taken easily. Trade Safe.
So avoid trading near nfp hour? close trades before it?
Detach yourself from the value of money - Mr. Pip
  • #2,318
  • Aug 2, 2019 1:22am Aug 2, 2019 1:22am
Quoting Supreme1394
{quote} So avoid trading near nfp hour? close trades before it?

it is risk management question which you will have to decide.

I place my trades on D1 and with 2 open positions now, my SL is above 1.2300 .. 2xATR(10) Daily which is quite tight.

anyway, this week has been tough week with Wednesday's FED rates reduction and monthly close ... and today NFP may turn out to be non-event.

let's see what happens during NY session.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,319
  • Aug 2, 2019 1:26am Aug 2, 2019 1:26am
Quoting emmanuel7788
{quote} it is risk management question which you will have to decide. I place my trades on D1 and with 2 open positions now, my SL is above 1.2300 .. 2xATR(10) Daily which is quite tight.
I see, ok. I saw you have great returns over 2 years, congratz. Do you normally trade daily instead of H4? And you use ATR stops instead of 2 candles back?
Detach yourself from the value of money - Mr. Pip
  • #2,320
  • Aug 2, 2019 8:20am Aug 2, 2019 8:20am
Hi everyone

I started paper trading using the ideas I have learned (so far) from this thread, with the help of the swingman EA. Some good results so far, though I know I have much to learn.

Thank you

David
Attached Image (click to enlarge)
Click to Enlarge Name: Trades.jpg Size: 548 KB
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