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  • #461
  • Aug 10, 2019 6:43am Aug 10, 2019 6:43am
Quoting carmelina
Sorry, wrong chart. I meant this one {image}
no problem, thx for your reply

Quoting TheSpoof
{quote} Hey moRTaL, Oh boy...do we really want to open this can of worms? I took this trade based on a different entry method and the fact that the smTMMS oscillator happened to jive was a bonus bit of confluence. Guys...don't forget that I was finding success with price action based methodologies that I am now starting to marry with with this system. I do not wish to confuse traders by adding more information when people can't consistently follow one method for several months and display that they have profitably mastered the concept and...
no problem, thx u v much for your explanation. yup, it is very important for me to succeed first in the TMSr method, before i move on to other stuff
  • #462
  • Edited 10:08am Aug 10, 2019 9:18am | Edited 10:08am
Just want to share something similar that happened before, which have been mentioned in original TMSr thread post#2288 and this happened to me yesterday on NC demo.

On the left is MT5 real account, on the right is MT4 demo.

Main chart purple box => When i entered the short NC trade on MT4 demo the hull ma was green in both MT4 n MT5, but as time passes, the MT4 hull ma on the right changed pink, while MT5 hull ma on the left stays green as when it appeared initially. This is explained in original TMSr thread post#2293.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 95 KB
  • #463
  • Edited 10:54am Aug 10, 2019 9:56am | Edited 10:54am
Quoting moRTaL
Just want to share something similar that happened before, which have been mentioned in original TMSr thread post#2288 and this happened to me yesterday on NC demo. On the left is MT5 real account, on the right is MT4 demo. I entered the trade on MT4 demo as it was a large candle and entered it on a ~50% retrace and using a different SL system, which is why it is not closed yet as time passes .. Main chart purple box => When i entered the short NC trade on MT4 demo...
The tape looks like a great idea. It would certainly save some room on the charts As far as the Hull goes it will change as the current candle continues to change as it is reflecting the current price. Once the candle closes the HMA point should be plotted permanently. I am not sure what the parameters are that govern the color changes though and why that segment changed colour Honestly, I barely even look at the Hull these days. Much like the 5 EMA the Hull is in the correct position when the oscillator gives us the signal - it is largely redundant.

Here is the tape if anyone wants to use it. I will be switching over to it since is cleans up my charts even more - clean and simple. Thanks for this, moRTaL, good idea
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY+H4.png Size: 91 KB
Attached File(s)
File Type: mq4 smTMMS Oscillator_tape.mq4   13 KB | 349 downloads
Emotion - it steals your money.
  • #464
  • Aug 10, 2019 10:03am Aug 10, 2019 10:03am
Quoting TheSpoof
{quote} The tape looks like a great idea. It would certainly save some room on the charts As far as the Hull goes it will change as the current candle continues to change as it is reflecting the current price. Once the candle closes the HMA point should be plotted permanently. I am not sure what the parameters are that govern the color changes though and why that segment changed colour Honestly, I barely even look at the Hull these days. Much like the 5 EMA the Hull is in the correct position when the oscillator gives...
ok TS, thx for your reply, just edited my post, i just know that post can not be deleted... lol... as i don't want to clutter your thread
  • #465
  • Aug 10, 2019 10:07am Aug 10, 2019 10:07am
Quoting moRTaL
{quote} ok TS, thx for your reply, atm i will delete my post, as i don't want to clutter your thread
No need to delete it.
Emotion - it steals your money.
  • #466
  • Edited 3:14pm Aug 10, 2019 10:31am | Edited 3:14pm
Quoting veslup
{quote} HI jado911, Long ago I am looking for EA like this. Please can you tel me where to find it or send here? Regards Vesko
I'll share with you my favorite tool on the internet Link

EDIT:
it seems that LMGTFY is filled with adds, so here is where I found it https://www.fxdayjob.com/trailing-stop-loss-mt4
  • #467
  • Aug 10, 2019 11:08am Aug 10, 2019 11:08am
Attached Image
Emotion - it steals your money.
  • #468
  • Aug 10, 2019 11:11am Aug 10, 2019 11:11am
Quoting TheSpoof
{image}
Yah, can’t wait for another loss making week
  • #469
  • Aug 10, 2019 12:03pm Aug 10, 2019 12:03pm
Quoting 40PipsAlan
{quote} Yah, can’t wait for another loss making week
No way, man! Next week the market is going to smarten up for us!!
Emotion - it steals your money.
  • #470
  • Aug 10, 2019 4:37pm Aug 10, 2019 4:37pm
Quoting TheSpoof
{quote} No way, man! Next week the market is going to smarten up for us!!
Hope you are right just finished going through charts needs a bit of action to get things moving, maybe with summer trading will have to be a bit more patient and selective
  • #471
  • Aug 10, 2019 6:23pm Aug 10, 2019 6:23pm
Quoting Ibar51
{quote} Hope you are right just finished going through charts needs a bit of action to get things moving, maybe with summer trading will have to be a bit more patient and selective
I’m starting to see the merit of taking August off. I wonder if I should listen to these guys and take Decembers off, too
Emotion - it steals your money.
  • #472
  • Aug 11, 2019 1:11am Aug 11, 2019 1:11am
Quoting TheSpoof
{quote} I’m starting to see the merit of taking August off. I wonder if I should listen to these guys and take Decembers off, too
And September/October and November to make sure
  • #473
  • Aug 11, 2019 9:29am Aug 11, 2019 9:29am
TRADING TIPS

  1. Keep it simple.
  2. Plan your trade & trade your plan.
  3. Protect your trading capital.
  4. Use a comfortable position size and always place a stop loss.
  5. Cut your losses short (1R or less) & let your profits run.
  6. Never chase price.
  7. Trade what you see not what you think.
  8. Maintain discipline and patience.
  9. Track your performance.
  10. Keep it simple

Emotion - it steals your money.
  • #474
  • Aug 11, 2019 9:44am Aug 11, 2019 9:44am
Thanks Spoof. Really enjoying this thread. I, too, am a big fan of trading set dollar amounts. I use the myfxbook calculator on my tablet which sits next to my laptop. Highly recommend it for those who need it and haven't committed to the tool you use yet.

Cheers,
Bleemus
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20190811-081005.png Size: 419 KB
  • #475
  • Aug 11, 2019 1:02pm Aug 11, 2019 1:02pm
Quoting TheSpoof
{quote} Honestly, I barely even look at the Hull these days. Much like the 5 EMA the Hull is in the correct position when the oscillator gives us the signal - it is largely redundant. Here is the tape if anyone wants to use it. I will be switching over to it since is cleans up my charts even more - clean and simple. Thanks for this, moRTaL, good idea {file} {image}

Thanks for the tape.
In your rules you write: Keep it simple!
Twice!
If you don't need and use the HMA - why leave it on the chart?
How about: Simplify your chart?
  • #476
  • Aug 11, 2019 1:45pm Aug 11, 2019 1:45pm
Quoting TheSpoof
{quote} Thanks. I am trying to be as transparent as I can. I have nothing to hide so why not prove that I am actually trading with a real account and show the results. There are way too many traders taking advice from people that do not or will not prove their trading record. Why on earth so many traders take advice from these people is beyond me. I want to do things differently. I have a different view of money management than do most traders. I am not really interested in compounding my account into millions because from what I have seen that...
Hi Spoof, sorry for quoting an old post. May I ask why do you believe compounding your account into millions is a pipe dream? Logically speaking, if we can be successful with small money consistently, there is no reason why we can't compound our account into millions, unless your broker starts playing tricks on you. We are also not scalpers, so slippages on H4 are not a concern with huge lots. I would love to hear your point of view.
Detach yourself from the value of money - Mr. Pip
  • #477
  • Edited 5:36pm Aug 11, 2019 4:24pm | Edited 5:36pm
Quoting josi
{quote} Thanks for the tape. In your rules you write: Keep it simple! Twice! If you don't need and use the HMA - why leave it on the chart? How about: Simplify your chart?
I'm going to ignore the condescending, disrespectful and mocking tone of your post - pretty big, arrogant balls you have questioning (in that manner) why I am doing what I do, but I'll answer you anyway. Changing the parameters of an established methodology takes time, careful observation and forward testing which is what I am doing. Don't worry, I'll let folks know if and when I decide to change things up and the precise reasons for doing so - just like I have done since the beginning of this thread. Traders can then make their own informed decisions based on the information presented. In the mean time, if you don't like what or how I am sharing things here you are more than free to disappear from MY trading journal.
Emotion - it steals your money.
  • #478
  • Edited 4:44pm Aug 11, 2019 4:27pm | Edited 4:44pm
Quoting Supreme1394
{quote} Hi Spoof, sorry for quoting an old post. May I ask why do you believe compounding your account into millions is a pipe dream? Logically speaking, if we can be successful with small money consistently, there is no reason why we can't compound our account into millions, unless your broker starts playing tricks on you. We are also not scalpers, so slippages on H4 are not a concern with huge lots. I would love to hear your point of view.
Show me anyone who's verifiably done it and they will the be exception that proves my point. I operate in the real world not a fantasy one invented by marketers selling dreams. If you believe you can compound a reasonable retail trading account into millions then go right ahead and do so - all the power to you.
Emotion - it steals your money.
  • #479
  • Aug 11, 2019 4:52pm Aug 11, 2019 4:52pm
Quoting TheSpoof
{quote} Show me anyone who's verifiably done it and they will the be exception that proves my point. I operate in the real world not a fantasy one invented by marketers selling dreams. If you believe you can compound a reasonable retail trading account into millions then go right ahead and do so - all the power to you.
I appreciate your view. No offense was meant in my post, just wanted to know your point of view. I'm a fan of your youtube videos and I'm a novice in TMSr. I hope you don't mind me posting my live trades as they happen in your journal, will update them with results too. Let's learn and excel together.
Detach yourself from the value of money - Mr. Pip
  • #480
  • Aug 11, 2019 4:59pm Aug 11, 2019 4:59pm
Quoting Supreme1394
{quote} I appreciate your view. No offense was meant in my post, just wanted to know your point of view. I'm a fan of your youtube videos and I'm a novice in TMSr. I hope you don't mind me posting my live trades as they happen in your journal, will update them with results too. Let's learn and excel together.
No offense taken. I am a frank person and don't care to beat around the bush. Post away, but keep them on topic por favor
Emotion - it steals your money.
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