Trading Made Simple | Page 5588 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #111,741
  • Nov 24, 2020 8:11pm Nov 24, 2020 8:11pm
Hi bro!! Sorry to divert this topic.. You are the creator of the script : draw_linesBuy EP SL TP. Ex4? I am not a programmer I have looked for a way to do it in mt5 but I could not have it in mq5?
  • #111,742
  • Nov 24, 2020 8:14pm Nov 24, 2020 8:14pm
Quoting emmanuel7788
GBPUSD Nov 25 H4 Tokyo 1015am GU trading within the Monday Nov 23 H4 Master Candle High-Low range but good to go! {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Nov 25 H4 Tokyo 1015am 25-11-2020 9-15-44 am.png Size: 80 KB


GBPUSD Nov 25 Tokyo 1112am UPDATE:

- RSI green price line prev slope 2.0 (cross)
do you take the buy trade?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Nov 25 H4 slope 2.0 cross Toky 1112am 25-11-2020 10-11-46 am.png Size: 86 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,743
  • Edited 8:43pm Nov 24, 2020 8:15pm | Edited 8:43pm
Quoting emmanuel7788
{quote} Poor pathetic FakeDr aka DrDick he developed losing trading system TDA with IMT and his thread did not attract followers ... only 118 posts after 15 months. his win rate looks great 98.8% He is the resident troll in Big E' TMS thread. His his weekly number of posts is more than in his own failed trading system TDA with IMT nonsense. He is here pretending to be a trader and teaching new member toti1985 how to trade with H8 and...
@emmanuel7788 -- it is only fair to mention that of those 118 posts after 15 months, 117 of them were to himself. The one exception was a post from @ivan9578, who we now know was one of @DrDeceit's fake aliases...

Attached Image (click to enlarge)
Click to Enlarge Name: DrDave-Ivan-Additional-UserName.png Size: 574 KB


And as for boasting about his use of H8 and H16 -- which are CPU-intensive offline charts -- since @DrDeceit is here to help struggling traders then wouldn't you think he would like to share how you setup those non-standard timeframes?

@DrDeceit -- please provide instructions for how you setup H8 and H16. Also, when my current chart is H16, is it then possible to change the time frame to H4 or H1 to see what is happening at a lower time frame? The reason I ask is because these offline charts are so CPU-intensive it would be a shame to have to devote an entire MT4 session just to run a single H8 chart. @DrDeceit -- do you know what I mean?
  • #111,744
  • Nov 24, 2020 8:16pm Nov 24, 2020 8:16pm
Quoting emmanuel7788
{quote} {image} GBPUSD Nov 25 Tokyo 1112am UPDATE: - RSI green price line prev slope 2.0 (cross) do you take the buy trade? {image}
Hi bro!! Sorry to divert this topic.. You are the creator of the script : draw_linesBuy EP SL TP. Ex4? I am not a programmer I have looked for a way to do it in mt5 but I could not have it in mq5?
  • #111,745
  • Nov 24, 2020 8:28pm Nov 24, 2020 8:28pm
UJ M15 Tokyo 1125am

its PA tweek from 5 to 8

Attached Image (click to enlarge)
Click to Enlarge Name: UJ M15 TOK1025am 25-11-2020 10-24-51 am.png Size: 12 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,746
  • Edited 9:36pm Nov 24, 2020 8:42pm | Edited 9:36pm
Quoting DrDave
{quote} You need to ANALYZE what you see on the higher TF, not just check what direction it has been going. If you are trading H4, then you really should have H8 to check, and better if you also have H16. D1 is a bit far away from H4 to get the best information. And no, you do not always open orders in the direction of the trend on the higher TF. You need to analyze the higher TF AND lower TFs to see if a trend reversal is underway. Change comes from below, not from above!
@DrDeceit -- since we should really have H8 and H16 timeframes to check, I'm hoping you'll teach us how to set them up. I mean, you do really wish to help struggling traders so you wouldn't simply boast and then leave us hanging, would you?

Also, @DrDeceit -- how CPU-intensive are those offline charts? Would I have to run each one in its own MT4 session? Also, if I have an H8 chart open can I use it to also check H4 and / or H1?

Also, @DrDeceit -- if I have a EURUSD / H8 chart open can I also use it to check GBPJPY / H8? Or do I have to create yet another CPU-intensive H8 chart? And if I want to trade 4 pairs, 8 paris 28 pairs do I need separate H8 (and H16) charts for each one? So -- if I want to trade 28 pairs then I need 56 separate charts to check H8 and H16? And if I also want to check H1 and H4 then I actually need 112 separate, CPU-intensive offline charts? And since each offline chart needs its own M1 chart, then it is more like 224 charts? Oh my -- why didn't you mention that part? Perhaps it slipped your mind? Or, dare I say, you were just being your usual deceitful self.

@DrDeceit -- you wouldn't be deceiving us again, would you. Please share with us how to setup and use those H8 and H16 charts that we "really should be checking".

@DrDeceit -- I don't recall @Tekkies saying she used H8 and H16 charts, and you are her mentor, right? I know she missed the lesson on how to calculate the value of a trade. Was that the same lesson where you were going to teach her about H8 and H16 charts?
  • #111,747
  • Nov 25, 2020 12:47am Nov 25, 2020 12:47am
Hey everybody. Did you happen to catch the posts that show emmanuel7788 with US copyright violations? If yes, were you part of this illegal activity? If not, what do you think about people that willfully violate copyright law? Do you think that is not only illegal activity but deceitful and immoral as well? Or do you think that as long as it is EM--ANU--EL (WITH--US--(IS) GOD), then it is justified?

I'm just trying to figure out where folks that read this thread draw the line on what they will accept as ethical, even when it means breaking the law, and what isn't. Or maybe you have no line?
To free Gazans of Hamas, use whatever it takes.
  • #111,748
  • Nov 25, 2020 12:52am Nov 25, 2020 12:52am
Isn't this just THE GREATEST THREAD EVER??

A thread where anyone can come and dump all the toxicity that he desires with no consequences at all! Think what it would be like here at FF if EVERY thread were like this! Total freedom to dump what ever you feel like, as long as it would not be a TOS violation that might have legal repercussions. Would there be even ONE thread here that focused on TRADING, or would TOXICITY run rampant, as it does on this thread?

Well, remember that one bad apple spoils the barrel, and then come to a conclusion.

Look at how many posts have been made so far today, and check how many actually contribute something to trading, how many are toxic, and how many are just for big laughs. Makes it OBVIOUS this is indeed the ToxicDumpThread where folks come for daily entertainment, not for serious trading discussions.
To free Gazans of Hamas, use whatever it takes.
  • #111,749
  • Nov 25, 2020 1:10am Nov 25, 2020 1:10am
Quoting emmanuel7788
{quote} First, my comments on the chart template: - you use the Heiken Ashi candles and this is slight difference with the Average Price Bar used by the Op Big E. - the 5EMA on your chart does not have the shift+3 , please confirm this. - your TDI is not the same as the original TDI version used by Big E. - different brokers have different server time, your H4 price OHLC candle are different so you may see the trade setups different from others. - what are you H4 trading hours? do you trade H4 after London session closed?
Hello and thank you for your answer.
can you share screen at the time when I took this 2 orders so that I can see and check the difference ?
about EMA it is shifted +3, but as I read somewhere in the post Big E said that there is no matter if the price is bellow on the EMA so I guess it is not so important . I am trading mostly on London session and part of NY. I am living in Europe so for me the best part is London session
  • #111,750
  • Nov 25, 2020 1:10am Nov 25, 2020 1:10am
I am managing my trade with EA. Just observing how it is doing what it is doing. I am using THV CM 1.41
If you have any good trade management EA let me know.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 51 KB
MA provides the market's current direction and strength.
  • #111,751
  • Nov 25, 2020 1:20am Nov 25, 2020 1:20am
Quoting emmanuel7788
{quote} when you use the TMS Monitor for its alerts, the RSi green price line default C-Slope is set to 4. you can change that default to whatever value according to your own personal preference. but C-Slope = 4 is what I use and when I get the alert, I simple check my trading chart for the setup for an entry. I know the member arbinka trade with the C-Slope=6 minimum. He posted some positive results back in 2011 and Big E was pleased seeing those results. the other tool TMSTDI WatchDog by member...
thank you so very much for guiding us,im impressed and glad to learn this method,i started this method on my own but im so thankful to have detailed notes on this method.the ATR box is something like this i was referring but i guess its a commercial product,i got his free one.
Attached Image
  • #111,752
  • Nov 25, 2020 1:22am Nov 25, 2020 1:22am
How to place a trade entry when the APB/HA #1 candle is still active

here is today' example

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Nov 25 H4 with H1 DBLHC 25-11-2020 1-02-17 pm.png Size: 120 KB


with the PriceAction AHA indicator on your chart, this indicator will alert you to price action patterns in all timeframes you selected.
For example, with the indicator on your H4, you will receive alert when there is a setup condition in M15, M30, H1, etc.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,753
  • Nov 25, 2020 1:34am Nov 25, 2020 1:34am
Price Action AHA

link { here }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,754
  • Nov 25, 2020 1:39am Nov 25, 2020 1:39am
Quoting robots4me
{quote} @DrDeceit -- since we should really have H8 and H16 timeframes to check, I'm hoping you'll teach us how to set them up. I mean, you do really wish to help struggling traders so you wouldn't simply boast and then leave us hanging, would you? Also, @DrDeceit -- how CPU-intensive are those offline charts? Would I have to run each one in its own MT4 session? Also, if I have an H8 chart open can I use it to also check H4 and / or H1? Also, @DrDeceit -- if I have a EURUSD / H8 chart open can I also use it to check GBPJPY / H8? Or do I have to...

H8 and H16 .... that's the biggest joke with his failed trading system TDA with IMT when he does know when to cut loss his two big losing trades.

Attached Image (click to enlarge)
Click to Enlarge Name: FakeDr IMT GBPUSD trade 1 25-11-2020 11-00-29 am.png Size: 93 KB


Attached Image (click to enlarge)
Click to Enlarge Name: FakeDr IMT GBPUSD trade 2 25-11-2020 11-01-11 am.png Size: 103 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,755
  • Nov 25, 2020 1:41am Nov 25, 2020 1:41am
Learning THV CM ea. Nicely manage my trade today.
The day started with profit.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 33 KB
MA provides the market's current direction and strength.
  • #111,756
  • Nov 25, 2020 1:44am Nov 25, 2020 1:44am
Quoting hasib
I am managing my trade with EA. Just observing how it is doing what it is doing. I am using THV CM 1.41 If you have any good trade management EA let me know. {image}

what is your Exit Strategy?

that's the important question.

a trade manager EA can only do the tasks for you when you have your Exit Strategy clearly defined and can be coded in an EA.

there are different Entry and Exit strategies.

some old posts links here:

Money Management Strategy for TMS: Post#48,008

Using Multiple-Lot Positions to Improve trading TMS: Post#33,507

Entry and Exits: Post#24,918 Post#18,422 Post#19,617

How to Build a Position: Post#19,588

Multiple Entries / Multiple Exits for Day chart trading: Post#58,726

Multi-Lots Buy/Sell scripts : Post#55,407
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,757
  • Nov 25, 2020 1:47am Nov 25, 2020 1:47am
Quoting hasib
Learning THV CM ea. Nicely manage my trade today. The day started with profit. {image}

caution when you run CM on M5 with CSTSL.

you get stop out very easily with those small candles and miss the runaway train.

think of the exit strategy and your money management combination.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,758
  • Nov 25, 2020 1:50am Nov 25, 2020 1:50am
Good news!

DOW hit 30,000 and that's a boost.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,759
  • Nov 25, 2020 1:53am Nov 25, 2020 1:53am
Quoting emmanuel7788
{quote} caution when you run CM on M5 with CSTSL. you get stop out very easily with those small candles and miss the runaway train. think of the exit strategy and your money management combination.
I am using .5% risk every trade I took. I usually use 25 pips stop for 50 tp. with the same lot. NOw I am using 2 atr stop and 5 atr tp.
I let ea manage my trade m5 because I open trade based on M5 chart. I am learning CM, I hope I could come up a good idea to manage my trade. Now I am reading THV CM pdf. Today I will learn one topic that is CM Trade management.
MA provides the market's current direction and strength.
  • #111,760
  • Nov 25, 2020 1:56am Nov 25, 2020 1:56am
Quoting emmanuel7788
GBPUSD Nov 24 look Buy @1.3350ish TP 1.3400 SL 1.3300 use %risk and do Position Size for every position.
GBPUSD Nov 25 FO / LO

FO bulls are running and we must wait and see if the LO will have more bulls ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
119 traders viewing now, 1 is registered:
Pathekiwi