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Trading Made Simple(r)

  • #3,361
  • Edited 9:45am Aug 27, 2019 8:15am | Edited 9:45am
For those of you who don't know, SwingMan, (FF's resident expert coder) has created a really cool dashboard for us that I have been using for about a week now and I really like it. I think it can REALLY help others who are struggling, and it can also help traders who want to see the "bigger picture" all at once (as I do).

The dashboard is called: smTMMS-RobinHood DB_v2.0

Download:
Attached File(s)
File Type: ex4 smTMMS-RobinHood DB_v2.0.ex4   100 KB | 877 downloads


It's the dashboard on the left side in the image below. It allows you to easily see what the indicators we use are doing for every time frame all at the same time.

Attached Image (click to enlarge)
Click to Enlarge Name: smTMMS-RobinHood DB_v2.0.JPG Size: 491 KB


The way I like to use it is, if every indicator in the dashboard (or the VAST majority of them) are pointing DOWN, then I short (sell) the pair. If every indicator in the dashboard (or the VAST majority of them) of them are pointing UP, then I go Long (buy) the pair.

To install it, open your Data folder, then open your MQL4 folder, then open your Experts folder and place the dashboard in there.

Close MT4 and then reopen it.

Create ANY new chart, with ANY time frame and insert the dashboard on the chart. * You can also install it by opening your navigator (after you create a chart), then scroll down to Expert Advisors and highlight the smTMMS-RobinHood DB_v2.0 dashboard and DRAG it onto the chart you created.

If you want to increase (or decrease) the width of the panel, you open the dashboard by clicking on the frowning smiley face in the VERY TOP right corner.

Attached Image


Then after you open it, scroll down to TimeFramesPanels_Width and change that number to increase or decrease the width of the dashboard. I use "40".

Attached Image (click to enlarge)
Click to Enlarge Name: Time Frame Panel Width.JPG Size: 64 KB


In the image below, in the yellow box, is an example of a pair that I would short:

Attached Image
Always a Student, Never a Master - Emulate What Works
  • #3,362
  • Aug 27, 2019 8:36am Aug 27, 2019 8:36am
Quoting RobinHood
For those of you who don't know, SwingMan, (FF's resident expert coder) has created a really cool indicator for us that I have been using for about a week now and I really like it. I think it can REALLY help others who are struggling, and it can also help traders who want to see the "bigger picture" all at once (as I do). The indicator is called: smTMMS-RobinHood DB_v2.0 Download: {file} The indicator is the dashboard on the left side in the image below. It allows you to easily see what the indicators in the lower window are doing for every time...
This looks good. Can you confirm which indicator each of the symbols represent?

First square, second arrow, third arrow?
  • #3,363
  • Aug 27, 2019 9:00am Aug 27, 2019 9:00am
Trade I took yesterday, already closed out at a loss:

EURNZD H4: Got the confirmation on TMMS oscillator, the other indicators were in check. I was thinking that the up move with strong momentum and the end of last week that resulted in a big pin bar was a fake-out to trap longs. It also ended up making a double top.
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD.JPG Size: 112 KB


Two trades taken today at the current candle:
EURGBP H4
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP.JPG Size: 124 KB


GBPJPY H4
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.JPG Size: 119 KB
  • #3,364
  • Aug 27, 2019 9:21am Aug 27, 2019 9:21am
Quoting Atheos
{quote} This looks good. Can you confirm which indicator each of the symbols represent? First square, second arrow, third arrow?
Here's what SwingMan (who created the indicator) wrote in his thread when he first presented it:

Indicators:
- Heikin Ashi Charts possible drawing without wicks. (Entry circles according to the rules of @RobinHood. HMA slope as filter, sending Alerts).
- MTF moving average for median prices. (Recommended for filtering Buy/Sell signals).

Oscillator:
Histograms according to the rules of @RobinHood

Some details for the Dashboard (saved in folder Experts):
- The DB takes into account the pairs from the "Market Watch"
- The arrows are updated every minute (60 seconds). At the first DB-start, please wait until all prices are downloaded.
- You can enable/disable the time frames

- Clicking on pair names => changes all pair names in the charts
- Clicking on time frames => changes the time frame in the first chart.
- Clicking on the panel with arrows => changes all pair names and the time frame in the first chart

Arrows, indicating the conditions for the previous bar:
- First arrow: Hashi color
- Second arrow: trend condition for (Close, EMA(5), HMA)
- Third arrow: Oscillator condition (color)


Here's SwingMan's thread where he introduces it:

https://www.forexfactory.com/showthr...5#post12409785
Always a Student, Never a Master - Emulate What Works
  • #3,365
  • Aug 27, 2019 9:36am Aug 27, 2019 9:36am
Thanks for sharing.
  • #3,366
  • Aug 27, 2019 9:51am Aug 27, 2019 9:51am
[quote=RobinHood;12467340]For those of you who don't know, SwingMan, (FF's resident expert coder) has created a really cool dashboard for us that I have been using for about a week now and I really like it. I think it can REALLY help others who are struggling, and it can also help traders who want to see the "bigger picture" all at once (as I do). The dashboard is called: smTMMS-RobinHood DB_v2.0 Download: {file}
RH
Uploaded in Expert Folder, MT4, restarted and Drag&Drop onto a chart. Smiley face show for a few seconds and then disappeared forever, not to come back. Tried it on different ways, but no success.

Maybe swingman can check to see if there is a setting adjustement required

Thnx mate
  • #3,367
  • Aug 27, 2019 10:06am Aug 27, 2019 10:06am
Quoting KarooVellies
Quoting RobinHood
For those of you who don't know, SwingMan, (FF's resident expert coder) has created a really cool dashboard for us that I have been using for about a week now and I really like it. I think it can REALLY help others who are struggling, and it can also help traders who want to see the "bigger picture" all at once (as I do). The dashboard is called: smTMMS-RobinHood DB_v2.0 Download: {file} RH Uploaded in Expert Folder, MT4, restarted and Drag&Drop onto a chart. Smiley face show for a few seconds and then disappeared forever,
...
Goto View/market watch and right click hide all. Then retry the DB
  • #3,368
  • Aug 27, 2019 10:52am Aug 27, 2019 10:52am
Quoting 40PipsAlan
{quote}{quote} Goto View/market watch and right click hide all. Then retry the DB
Worked

Thnx mate. You're a genius
  • #3,369
  • Aug 27, 2019 11:49am Aug 27, 2019 11:49am
Quoting OnAJourney
{quote} Yes, I mentioned that in a discussion in this thread already. Don't trade from it! As I said, I don't care if it repaints because all I'm looking for is an alert for a pair to pay attention because at some point the arrow remains and aligns with my indicators for a trade. It's simply a tool to let you know when a pair is hitting a limit... nothing more, nothing less. Cheers
Hi,
Do you trade against BB arrows. If yes, please explain in what circumstance you do that.
  • #3,370
  • Aug 27, 2019 12:13pm Aug 27, 2019 12:13pm
Current trades - Took a 113 pip loss Monday morning on AUDJPY first trade out the blocks LOL... was my fault for not applying logic on price action, maybe even common sense on last 2 candle closes. But anyway I also didn't place my stop loss correctly so there was no room for movement to accommodate my wrong entry.

Ive attached a excel sheet called Demon Finder I found online from Trader Dante. Useful to perhaps map down errors and hopefully you dont repeat them, also attached a daily planner.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 214 KB
Attached File(s)
File Type: xlsx Daily Plan.xlsx   13 KB | 527 downloads
File Type: xlsx Demon Finder.xlsx   13 KB | 549 downloads
The more you learn, the more you see
  • #3,371
  • Aug 27, 2019 12:21pm Aug 27, 2019 12:21pm
Quoting Marcusv007
Current trades - Took a 113 pip loss Monday morning on AUDJPY first trade out the blocks LOL... was my fault for not applying logic on price action, maybe even common sense on last 2 candle closes. But anyway I also didn't place my stop loss correctly so there was no room for movement to accommodate my wrong entry. Ive attached a excel sheet called Demon Finder I found online from Trader Dante. Useful to perhaps map down errors and hopefully you dont repeat them, also attached a daily planner. {image} {file} {file}
good stuff bossman. Am on the GBP/NZD and gold with you but nowhere near that number of pips
  • #3,372
  • Edited Aug 28, 2019 2:14am Aug 27, 2019 3:06pm | Edited Aug 28, 2019 2:14am
Quoting KarooVellies
...The dashboard is called: smTMMS-RobinHood DB_v2.0 Download, Uploaded in Expert Folder, MT4, restarted and Drag&Drop onto a chart. Smiley face show for a few seconds and then disappeared forever, not to come back. Tried it on different ways, but no success. Maybe swingman can check to see if there is a setting adjustement required
New dashboard version "smTMMS-RobinHood DB_v2.1"

So far, several users have written that the dashboard is started and then disappears.

The cause seems to be that there are too many pairs in the Market Watch (solution given by @40PipsAlan).

For this reason I have programmed a warning because it will allow a maximum of 50 pairs.

Please upload the .ex4 file.

Also the M1 timeframe is now available!
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYH1-Dashboard-v2.1.png Size: 41 KB
Attached File(s)
File Type: ex4 smTMMS-RobinHood DB_v2.1.ex4   99 KB | 740 downloads
  • #3,373
  • Aug 27, 2019 3:10pm Aug 27, 2019 3:10pm
Quoting SwingMan
{quote} New dashboard version "smTMMS-RobinHood DB_v2.1" So far, several users have written that the dashboard is started and then disappears. The cause seems to be that there are too many pairs in the Market Watch (solution given by @40PipsAlan). For this reason I have programmed a warning because it will allow a maximum of 50 pairs. {file}
Thanks! I've not seen that issue but I'll update now just in case. Would it be a big ask to make a version of the dashboard with M1 included?
  • #3,374
  • Aug 27, 2019 3:23pm Aug 27, 2019 3:23pm
Quoting itsDavid
...Would it be a big ask to make a version of the dashboard with M1 included?
Is not it, and @RobinHood can decide if one needs it.

But please post a few trades on M1, because I believed that one can trade reasonably with this system only from H1 to W1.
  • #3,375
  • Edited 7:15pm Aug 27, 2019 3:44pm | Edited 7:15pm
Quoting SwingMan
{quote} Is not it, and @RobinHood can decide if one needs it. But please post a few trades on M1, because I believed that one can trade reasonably with this system only from H1 to W1.
Hi. Please don't misunderstand me, I wasn't trying to suggest trading this system on the 1M charts. My request was partly because it could be useful to people that are trading on shorter timeframes, but primarily because I have been using the lower timeframe charts to learn how to refine entry and exit points on trades on the 4H. So I thought having the chart showing the 1M might be be something that would be useful for that reason. No complaints at all if you don't think it's warranted though, and thanks again for the work you have done on this. It's a fantastic (and invaluable) tool.
  • #3,376
  • Edited 4:11pm Aug 27, 2019 4:01pm | Edited 4:11pm
Quoting SwingMan
{quote} Is not it, and @RobinHood can decide if one needs it. But please post a few trades on M1, because I believed that one can trade reasonably with this system only from H1 to W1.
If someone wants the 1 minute added, that's fine with me. I know it can be useful for refining entries because I sometimes use it.
Always a Student, Never a Master - Emulate What Works
  • #3,377
  • Aug 27, 2019 8:08pm Aug 27, 2019 8:08pm
Quoting RobinHood
{quote} If someone wants the 1 minute added, that's fine with me. I know it can be useful for refining entries because I sometimes use it.
RobinHood, is there any why to turn off the pairs that one doesn't trade, this thing is CPU intensive... It would make it perfect then, personally I don't trade any CHF pairs at all.
P
You NEVER will be the person you could be, without pressure & discipline
  • #3,378
  • Aug 27, 2019 8:09pm Aug 27, 2019 8:09pm
Quoting DiamondMiner
{quote} RobinHood, is there any why to turn off the pairs that one doesn't trade, this thing is CPU intensive... It would make it perfect then, personally I don't trade any CHF pairs at all. P
It only tracks pairs shown in your Market Watch console. Just remove pairs that you don't trade from there and reload the dashboard.
  • #3,379
  • Edited 9:03pm Aug 27, 2019 8:40pm | Edited 9:03pm
Quoting itsDavid
{quote} It only tracks pairs shown in your Market Watch console. Just remove pairs that you don't trade from there and reload the dashboard.
itsDavid, I believe your incorrect, I have no CHF pairs in my Market Watch console.
You NEVER will be the person you could be, without pressure & discipline
  • #3,380
  • Edited 11:21pm Aug 27, 2019 10:26pm | Edited 11:21pm
Hi again,

I am combining big E's method with robinhood's method + swingman's indicator as I like the various aspects of each method. If i violate this thread's rules, I humbly apologize and it won't happen again.
That said, if its OK, i want to know what would you guys do in this scenario.
should i close out the trade in profit? or wait to see if it will continue going down?
I see the candle turn blue, and according to big E's method, when the TDI indicator flips up, it is time to exit. But how do i know that it won't continue down like it did around august 14th, where i circled. On the other hand, if it doesn't continue down, I would hate to lose my hard earned pips so I should just pocket what i currently have. I know the oscillator is still showing down but i think it might be lagging. I already set my stop loss to BE + 1. I am also trading on a demo but would like some clarification for when i do go live.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.png Size: 3.3 MB
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