I do too. I would rather be able to see how much the lines had crossed, rather than just the fact that they have crossed. My question about whether one could be a replacement for the other was more to do with developing an understanding than anything else.
- #2,728
- Edited 6:53pm Aug 11, 2019 3:47pm | Edited 6:53pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts
ADDENDUM - 8/11/19
In Post # 1 I said:
"My hope is that other traders will recognize the power of these templates and contribute even more ways to trade them, hopefully in ways even more effective than I have presented, and that they help traders make a lot more money trading the Forex."
And that has now finally happened (in fact, several times).
I have long admired and greatly appreciated the work of one of the most popular members on Forex Factory whose name is SwingMan. I'm sure most of you have seen his work. He programs for us (at no charge) indicators and such which most of us cannot do.
He made an indicator that makes our 3 lower window indicators even simple(r) to read. It's called: smTMMS Oscillator
I have been quietly (and happily) using it almost ever since he released it.
Another member (RangeRider) directed me to another HMA indicator called: HMA Trend. I like it very much also.
I have combined the two indicators together into the lower window.
Below I am posting a new image to try to put the changes I've made into perspective.
Immediately below the price chart you will see the lower window indicators just as I posted them originally, then under that you will see SwingMan's Oscillator in it's original form COMBINED with the new HMA Trend indicator.
Then in the very bottom window you will see how I have even further simplified them.
In the image below you will see the final version that I am now using to trade with.
I have really resisted making this post because I KNOW it's going to open up tons of questions which I have limited time to answer, but I'll do my best over time. Just try to be patient.
The reason I have finally decided to make this post is because earlier today I was reading Swingman's thread ( https://www.forexfactory.com/showthr...=928698&page=4 ) Post # 68 where he said "Generally I have no interest in programming complicated things which nobody uses anymore. Hundreds of downloads were made from my recent TMMS posted indicators, and only two or three members use them (if one reads the postings)."
I want him to know that I DO REALLY APPRECIATE his efforts and you will too.
Here are the two indicators:
smTMMS Oscillator
HMA Trend (download it from the link below)
https://www.mql5.com/en/market/product/22515
Here are the settings I use:
smTMMS Oscillator
HMA Trend
Over time I will explain why I find this new set-up easier to trade than the original set-up. Just please give me some time.
Your comments are welcome.
NOTE:
To combine the 2 indicators properly...
Install the smTMMS first, then DRAG the HMA Trend indicator FROM THE NAVIGATOR on top of the smTMMS indicator. Then go into each one by one and change the settings according to the images I post above.
In Post # 1 I said:
"My hope is that other traders will recognize the power of these templates and contribute even more ways to trade them, hopefully in ways even more effective than I have presented, and that they help traders make a lot more money trading the Forex."
And that has now finally happened (in fact, several times).
I have long admired and greatly appreciated the work of one of the most popular members on Forex Factory whose name is SwingMan. I'm sure most of you have seen his work. He programs for us (at no charge) indicators and such which most of us cannot do.
He made an indicator that makes our 3 lower window indicators even simple(r) to read. It's called: smTMMS Oscillator
I have been quietly (and happily) using it almost ever since he released it.
Another member (RangeRider) directed me to another HMA indicator called: HMA Trend. I like it very much also.
I have combined the two indicators together into the lower window.
Below I am posting a new image to try to put the changes I've made into perspective.
Immediately below the price chart you will see the lower window indicators just as I posted them originally, then under that you will see SwingMan's Oscillator in it's original form COMBINED with the new HMA Trend indicator.
Then in the very bottom window you will see how I have even further simplified them.
In the image below you will see the final version that I am now using to trade with.
I have really resisted making this post because I KNOW it's going to open up tons of questions which I have limited time to answer, but I'll do my best over time. Just try to be patient.
The reason I have finally decided to make this post is because earlier today I was reading Swingman's thread ( https://www.forexfactory.com/showthr...=928698&page=4 ) Post # 68 where he said "Generally I have no interest in programming complicated things which nobody uses anymore. Hundreds of downloads were made from my recent TMMS posted indicators, and only two or three members use them (if one reads the postings)."
I want him to know that I DO REALLY APPRECIATE his efforts and you will too.
Here are the two indicators:
smTMMS Oscillator
HMA Trend (download it from the link below)
https://www.mql5.com/en/market/product/22515
Here are the settings I use:
smTMMS Oscillator
HMA Trend
Over time I will explain why I find this new set-up easier to trade than the original set-up. Just please give me some time.
Your comments are welcome.
NOTE:
To combine the 2 indicators properly...
Install the smTMMS first, then DRAG the HMA Trend indicator FROM THE NAVIGATOR on top of the smTMMS indicator. Then go into each one by one and change the settings according to the images I post above.
Always a Student, Never a Master - Emulate What Works
- #2,730
- Aug 11, 2019 4:47pm Aug 11, 2019 4:47pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts
Always a Student, Never a Master - Emulate What Works
- #2,734
- Edited 6:30pm Aug 11, 2019 5:54pm | Edited 6:30pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts
Always a Student, Never a Master - Emulate What Works
{quote} You can place it in a separate window but I like it on top on the smTMMS indicator because of the unique way I use it. I forgot that I downloaded that HMA Trend indicator from another site and evidently you must download it from there...it's free. HMA Trend (download it from the link below) https://www.mql5.com/en/market/product/22515
The more you learn, the more you see
- #2,738
- Aug 11, 2019 7:58pm Aug 11, 2019 7:58pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
EURAUD Week 33 Aug 12 to 16
My top pick from my Group#2 Euro crosses
Keep It Simple: Go with the momentum high follow the Weekly and Cut-Loss below the previous 2 weeks low, and you will not suffer any margin call with proper risk management and money allocation to trade each pair.
My top pick from my Group#2 Euro crosses
Keep It Simple: Go with the momentum high follow the Weekly and Cut-Loss below the previous 2 weeks low, and you will not suffer any margin call with proper risk management and money allocation to trade each pair.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #2,739
- Aug 11, 2019 8:09pm Aug 11, 2019 8:09pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
ADDENDUM - 8/11/19 In Post # 1 I said: "My hope is that other traders will recognize the power of these templates and contribute even more ways to trade them, hopefully in ways even more effective than I have presented, and that they help traders make a lot more money trading the Forex." And that has now finally happened (in fact, several times). I have long admired and greatly appreciated the work of one of the most popular members on Forex Factory whose name is SwingMan. I'm sure most of you have seen his work. He programs for us (at no charge)...
nice development going on ...
will you update your Post#1 with these or provide a link update?
thanks
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
