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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #102,701
  • Apr 17, 2020 4:01am Apr 17, 2020 4:01am
Quoting Tekkies
{quote} Don't be stupid Emmanuel. Post 102,685: I cant seem to get it to work. It is working now. ---- Read what is asked. When a person ask "Can you drive a car" the answer is "Yes, I can" / "No, I can not" You don't give a detail explanation or demonstration how you do it.
Wait a minute. If someone says, "My car is not working quite right, can you fix it?", and the car is a Volkswagen, you probably will skip the test drive. But if the car is a Maserati, even if the thing to be fixed were a simple wiper blade replacement, I think that you WOULD go for a test drive, no?
To free Gazans of Hamas, use whatever it takes.
  • #102,702
  • Apr 17, 2020 4:08am Apr 17, 2020 4:08am
my trade in eurusd


6 trade with +414 pips

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  • #102,703
  • Apr 17, 2020 4:20am Apr 17, 2020 4:20am
Quoting amiralifx
my trade in eurusd 6 trade with +414 pips {image} {image}
Well done. Also had a good week with selling EUR/USD.
  • #102,704
  • Apr 17, 2020 4:30am Apr 17, 2020 4:30am
Quoting Tekkies
{quote} Here you go (not tested) {file}
Thanks Tekkies, this one is working.
  • #102,705
  • Apr 17, 2020 4:38am Apr 17, 2020 4:38am
Quoting DrDave
{quote} Wait a minute. If someone says, "My car is not working quite right, can you fix it?", and the car is a Volkswagen, you probably will skip the test drive. But if the car is a Maserati, even if the thing to be fixed were a simple wiper blade replacement, I think that you WOULD go for a test drive, no?
Yes, you are right. Would even take the Volkswagen for a test drive. It might have a Maserati engine under the bonnet.
-----
In this case the indicator mq4 did not compile to ex4.
Re-coded one variable so that it can compile to ex4.
Not going to test the indicator if it has a "Maserati" crossover as well.
(That will take a couple of hours / days)
  • #102,706
  • Apr 17, 2020 7:19am Apr 17, 2020 7:19am
EURUSD Apr 17 H1 NYO

Price Action REVERSAL candle with Stoch cross and TDI green Price Line confirms with slope reading >6.0 default is 4.0

with strong price momentum trade move into profit very fast....

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Apr 17 H1 NYO buy 17-4-2020 8-15-08 pm.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,707
  • Apr 17, 2020 8:24am Apr 17, 2020 8:24am
Quoting jan.forex
{quote} Thanks Tekkies, this one is working.
Not so fast Jan.
Did some rewiring.
You can make some profit with the indicator.
How? Let part I will leave for you to solve.
(Hint: break-even and stop-loss)
Attached File(s)
File Type: ex4 TDI With Alerts mod.ex4   40 KB | 705 downloads

- Chart is refreshed
- Compare with previous posted indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: wire.PNG Size: 53 KB
  • #102,708
  • Apr 17, 2020 8:26am Apr 17, 2020 8:26am
Quoting emmanuel7788
EURUSD Apr 17 H1 NYO Price Action REVERSAL candle with Stoch cross and TDI green Price Line confirms with slope reading >6.0 default is 4.0 with strong price momentum trade move into profit very fast.... {image}
EUR/USD is up and down up and down, there were several similar signals before. I got stopped out like 4-5 times today here...

If you would have traded from M15 cross over to cross over here you would have get slaughtered.
  • #102,709
  • Edited 8:55am Apr 17, 2020 8:32am | Edited 8:55am
Quoting emmanuel7788
EURUSD Apr 17 H1 NYO Price Action REVERSAL candle with Stoch cross and TDI green Price Line confirms with slope reading >6.0 default is 4.0 with strong price momentum trade move into profit very fast.... {image}
Also this H1 trade is completely against the trending direction (if there is one at all) it more looks sideways/bearish to me with.

Haven’t you done your top down analyse or what up? :-)

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  • #102,710
  • Apr 17, 2020 9:01am Apr 17, 2020 9:01am
Quoting lddd
{quote} Also this H1 trade is completely against the trending direction (if there is one at all) it more looks sideways/bearish to me with. Haven’t you done your top down analyse or what up? :-) {image}
@Iddd, maybe you did not notice, but the MAster Trader has been concentrating on EA trading. SO he is mainly looking at the signals that the EA generates. Just the latest distraction that he has for the Kool-AId Kids that can't even grasp the basics of TMS (or any other system) and think that an EA is their ticket to Fort Knox for all-you-can-carry withdrawals.
To free Gazans of Hamas, use whatever it takes.
  • #102,711
  • Apr 17, 2020 9:05am Apr 17, 2020 9:05am
Quoting DrDave
{quote} @Iddd, maybe you did not notice, but the MAster Trader has been concentrating on EA trading. SO he is mainly looking at the signals that the EA generates. Just the latest distraction that he has for the Kool-AId Kids that can't even grasp the basics of TMS (or any other system) and think that an EA is their ticket to Fort Knox for all-you-can-carry withdrawals.
  • #102,712
  • Edited 9:42am Apr 17, 2020 9:13am | Edited 9:42am
Quoting lddd
{quote} Also this H1 trade is completely against the trending direction (if there is one at all) it more looks sideways/bearish to me with. Haven’t you done your top down analyse or what up? :-) {image}
Yes, it depends on perspective. The down channel is the MN/W1 down trend channel. You see inside of that Feb-Mar that there was some "unusual" movement both up and down, as a result of world events. But by the middleof March, the "unusal" effect was about gone and the traders were back inside that MN-W1 range. Also, that down range has been going quite a long time--another unusual thing--so it is overdue to go up.

You can see from the smaller pennant formed on H4 that things are probably "winding down" in preparation for a spring out of the down channel. So, you can expect there is going to be a lot of chop on TFs below H4 as fewer trades are made by the big boyz, leaving much of the activity to retail traders. But of course the big boyz will gladly scoop up some profit when they see a bunch of orders sitting in retailers' favorite spots.
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To free Gazans of Hamas, use whatever it takes.
  • #102,713
  • Apr 17, 2020 9:36am Apr 17, 2020 9:36am
Quoting lddd
{quote} Also this H1 trade is completely against the trending direction (if there is one at all) it more looks sideways/bearish to me with. Haven’t you done your top down analyse or what up? :-) {image}
SO make your own rulz...

As I have told you before, look at all the timeframes, AND, changes come from the bottom up, not top down.

Don't know which way to trade M15?? M5 has some obvious clues if you just look. No TDI needed. No EMA5 needed. No look at H4, D1, W1 needed. Just look for a direction change that starts on M5 then after at least 3 bars, you see M15 coming along. M5 continues until eventually, a retracement. The retracement goes several bars but no color change to any M15 bars, and then M5 changes back to up bars. You decide to be conservative and put a pending order just above that M5 prior high, and SL at any one of the three (just below the retracement; at 50% of the up swing; back at the beginning of the up swing). You move up your stop as the trade goes to higher profits.

If you couldn't take 10 pips from that, you shouldn't be trading yet.

[DISCLAIMER: I am not a trader because the Master Trader said so! I just rely on PURE LUCK.]
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To free Gazans of Hamas, use whatever it takes.
  • #102,714
  • Apr 17, 2020 10:15am Apr 17, 2020 10:15am
Quoting DrDave
{quote} SO make your own rulz... As I have told you before, look at all the timeframes, AND, changes come from the bottom up, not top down. Don't know which way to trade M15?? M5 has some obvious clues if you just look. No TDI needed. No EMA5 needed. No look at H4, D1, W1 needed. Just look for a direction change that starts on M5 then after at least 3 bars, you see M15 coming along. M5 continues until eventually, a retracement. The retracement goes several bars but no color change to any M15 bars, and then M5 changes back to up bars. You decide...
If you couldn't take 10 pips from that, you shouldn't be trading yet.



This Kid is delusional... help him.
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You will learn the most from your losing Trades
  • #102,715
  • Apr 17, 2020 10:22am Apr 17, 2020 10:22am
Quoting Chenzo25
{quote} If you couldn't take 10 pips from that, you shouldn't be trading yet. This Kid is delusional... help him. {image}
You are close--not delusional, just very lucky.

The Master Trader already made his pronouncement that I am not a trader. So what more is there to say?
To free Gazans of Hamas, use whatever it takes.
  • #102,716
  • Apr 17, 2020 10:23am Apr 17, 2020 10:23am
Quoting DrDave
{quote} SO make your own rulz... As I have told you before, look at all the timeframes, AND, changes come from the bottom up, not top down. Don't know which way to trade M15?? M5 has some obvious clues if you just look. No TDI needed. No EMA5 needed. No look at H4, D1, W1 needed. Just look for a direction change that starts on M5 then after at least 3 bars, you see M15 coming along. M5 continues until eventually, a retracement. The retracement goes several bars but no color change to any M15 bars, and then M5 changes back to up bars. You decide...
Well. What i noticed is that most of the times where my entries and exists are based on pure feelings while watching a naked candle stick chart such trades are winners while taking TDI signals tend to be losers...Either the signal is late, the momentum indicated by that great clock angle setups is nothing more than flipping a coin or there is some contradiction with a different time frame or profit targets never get reached.

I more and more start to believe most of the daily movement in forex market is more of random nature and any postive outcome is more a question of good money management like not risking to much on a single trade and trying to keep winners higher.

I know you told me risk/reward is overrated but then you have to show me that strategy/system you use to gain >50% win rate where entries and exits are crystal clear (no guess work through multiple time frame analyses, support and resistance or similar needed or any other subjective bullshit like length of bars, market condition and what ever else that you can´t duplicate for the next day coming...).
  • #102,717
  • Apr 17, 2020 10:35am Apr 17, 2020 10:35am
Quoting lddd
{quote} Well. What i noticed is that most of the times where my entries and exists are based on pure feelings while watching a naked candle stick chart such trades are winners while taking TDI signals tend to be losers...Either the signal is late, the momentum indicated by that great clock angle setups is nothing more than flipping a coin or there is some contradiction with a different time frame or profit targets never get reached. I more and more start to believe most of the daily movement in forex market is more of random nature and any postive...
Some problem with this buy setup?? (Remember, you said on H1 it looked to your like sideways to bearish.
Attached Image
Nothing subjective except where YOU decide to exit. If you want a "crystal clear exit", then exit with 1x ATR5. I even gave you 3 options for placing a SL. I think putting a pending order just beyond a prior swing constituents a "crystal clear entry" with no guess work. But it DOES require 2 timeframes viewed simultaneously. No S/R levels. No indicators (unless you want to call Heiken-Ashi bars and indicator). No judging the size of a bar. You do have to look for the COLOR of bars, but there are only 2 colors, so nothing subjective about that.

Oh, sorry, you do need 1 indicator, the ATR. But there is nothing subjective about the value that it displays.
To free Gazans of Hamas, use whatever it takes.
  • #102,718
  • Apr 17, 2020 11:11am Apr 17, 2020 11:11am
Quoting DrDave
{quote} Some problem with this buy setup?? (Remember, you said on H1 it looked to your like sideways to bearish. {image} Nothing subjective except where YOU decide to exit. If you want a "crystal clear exit", then exit with 1x ATR5. I even gave you 3 options for placing a SL. I think putting a pending order just beyond a prior swing constituents a "crystal clear entry" with no guess work. But it DOES require 2 timeframes viewed simultaneously. No S/R levels. No indicators (unless you want to call Heiken-Ashi bars and indicator). No judging the size...
Well, the problem is 1 of these M5 setups worked out while looking back at EUR/USD this way there probably were 5 or even more for every 1 that did not.

Show some M5 chart for a complete day where all winners would have covered the losers by what ever Sl/TP targets.

Best for a complete month.

i did that in the past several times and there is no way on earth if taken every signal to end up positive, so the question is how to you filter out these many losers in a systematic way (not manually deciding based on how the weather is).

I will use that TDI EA as example and will let it take all M5 setups for the next month and post the report here but I am pretty sure it will be far away from beeing profitable.
  • #102,719
  • Apr 17, 2020 11:18am Apr 17, 2020 11:18am
Quoting lddd
{quote} Well, the problem is 1 of these M5 setups worked out while looking back at EUR/USD this way there probably were 5 or even more for every 1 that did not. Show some M5 chart for a complete day where all winners would have covered the losers by what ever Sl/TP targets. Best for a complete month. i did that in the past several times and there is no way on earth if taken every signal to end up positive, so the question is how to you filter out these many losers in a systematic way (not manually deciding based on how the weather is). I...
That is for you to do. I gave you the protocol; do I need to do ALL of the work for you? How about I just send you money through PayPal every month and your worries are solved.

YOU did not even bother to show a single example of a failed M5 setup, when you said there are SO MANY --at least 5 losers to 1 winner!!!
To free Gazans of Hamas, use whatever it takes.
  • #102,720
  • Apr 17, 2020 11:25am Apr 17, 2020 11:25am
Quoting DrDave
{quote} That is for you to do. I gave you the protocol; do I need to do ALL of the work for you? How about I just send you money through PayPal every month and your worries are solved. YOU did not even bother to show a single example of a failed M5 setup, when you said there are SO MANY --at least 5 losers to 1 winner!!!
You showed one setup. Sorry I didn’t get the rules from your words, I am also on the phone right now. Will look at it again, later when I am back home.

Send me the exact entry criteria here or by PM, I will strictly follow for a month and report results.

I will send some failed trade examples later on.

Thanks for your kind help.
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