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Trading Made Simple

  • #112,781
  • Dec 9, 2020 1:10pm Dec 9, 2020 1:10pm
Quoting hasib
{quote} Hi Tekkies it is nice to see your Trade report in FF. I see you performing well. But I also see you face Large DD around 48%. Don't you think it is a very large DD. are you working on it to improve it. If you're working on improving it already can you share some of your ideas on how you improve it?
No, I don't think it is a large drawdown.
No, not working on improvement.

Got no ideas to share other then this:
Post#495..... If it happens when I'M SLEEPING... SO WHAT ... I never know about it...
  • #112,782
  • Dec 9, 2020 1:20pm Dec 9, 2020 1:20pm
Quoting Bluejay12
{quote} Running the blessing on 5m is what was told to me in the blessing ea post , and looks like that set files are established for the 5m charts. I am no fan of any chart lower than 4h to be honest but just looking for experienced guidance on settings, how to run the ea and all . Thanks !

I know a lot of traders at the jtatoday forum run Blessing3 on M5 chart timeframe.

But I prefer medium to longer term swing trading therefore I run using H4 and Daily for the trade planning.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,783
  • Dec 9, 2020 1:28pm Dec 9, 2020 1:28pm
Quoting hasib
{quote} What did he mean by this.
Hasib look carefully at that picture.
There are two types of candles on that chart.
> Bar chart
>Heiken Ashi candle
The arrow USE point to the open /close Heiken Ashi candle
The arrow NOT THIS point to the open /close of Bar chart.

Steller9 was using Morse code to send sensitive price information to SteveHopWood. So far no trader has succeeded to break that code.
  • #112,784
  • Edited 1:44pm Dec 9, 2020 1:29pm | Edited 1:44pm
Quoting maximusa
{quote} what is stop loss and take profit for it ?
Synergy Advanced 2.0 has more options than Big E' TMS which is based on the older Synergy model. Big E also got this new advanced model which he subscribed to CompassFX.

There are more stop loss and take profit features in Synergy Advanced and traders can pick each different combinations of using SL and TP.

Unlike Big E trade very short term with his trading 10PM, 2AM and close at 6AM H4 candles, other traders who like to swing trade 4H and Daily would prefer the advanced model. The performance on H4 and Daily far far better than on H1 and M15.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,785
  • Dec 9, 2020 1:32pm Dec 9, 2020 1:32pm
All GU Trade. I back to basic. Basic RH Method works better than My one.
I add TDI. I have to test TDI.
MACD adds I tested MACD it works well.
Is my TDI version works well?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 73 KB
MA provides the market's current direction and strength.
  • #112,786
  • Dec 9, 2020 1:35pm Dec 9, 2020 1:35pm
Quoting Tekkies
{quote} Hasib look carefully at that picture. There are two types of candles on that chart. > Bar chart >Heiken Ashi candle The arrow USE point to the open /close Heiken Ashi candle The arrow NOT THIS point to the open /close of Bar chart. Steller9 was using Morse code to send sensitive price information to SteveHopWood. So far no trader has succeeded to break that code.
You can change the trade management TM in Steve Hopwood' MPTM with the HeikenAshi option.

That is the same TM used by seller9.

Trailing using the HA candle also taught by Dean Malone creator of the Synergy trading model.

When Big E taught TMS traders where to place SL at recent swing high/swing low or few candles back, he was also using HA candles.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,787
  • Dec 9, 2020 1:41pm Dec 9, 2020 1:41pm
Quoting hasib
All GU Trade. I back to basic. Basic RH Method works better than My one. I add TDI. I have to test TDI. MACD adds I tested MACD it works well. Is my TDI version works well? {image}
RH TMS(r) does not use the TDI.

you missed the part how he use the HMA(12) and the 5EMA, plus the 3 oscillators cross 50-level

.... his template#1

your last buy clearly show TDI cross was a failure because the HMA + 5EMA did not 'signal' any buy.

Note: the HMA(12) replaced the TDI

Attached Image (click to enlarge)
Click to Enlarge Name: hasib gu m5 10-12-2020 3-48-01 am.png Size: 267 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,788
  • Dec 9, 2020 1:44pm Dec 9, 2020 1:44pm
Quoting Tekkies
{quote} Hasib look carefully at that picture. There are two types of candles on that chart. > Bar chart >Heiken Ashi candle The arrow USE point to the open /close Heiken Ashi candle The arrow NOT THIS point to the open /close of Bar chart. Steller9 was using Morse code to send sensitive price information to SteveHopWood. So far no trader has succeeded to break that code.
Steller9 was using Morse code to send sensitive price information to SteveHopWood. So far no trader has succeeded to break that code.

Thanks for the laugh!
To free Gazans of Hamas, use whatever it takes.
  • #112,789
  • Dec 9, 2020 1:46pm Dec 9, 2020 1:46pm
Quoting emmanuel7788
{quote} RH TMS(r) does not use the TDI. you missed the part how he use the HMA(12) and the 5EMA, plus the 3 oscillators cross 50-level .... his template#1 your last buy clearly show TDI cross was a failure because the HMA + 5EMA did not 'signal' any buy.
I tested HMA and EMA cross it works fine some time I think if we could enter a little early it will more accurate, that is why I am considering using TDI. Stoc and RSI give a little more late signal.
MA provides the market's current direction and strength.
  • #112,790
  • Dec 9, 2020 1:55pm Dec 9, 2020 1:55pm
Quoting emmanuel7788
{quote} RH TMS(r) does not use the TDI. you missed the part how he use the HMA(12) and the 5EMA, plus the 3 oscillators cross 50-level .... his template#1 your last buy clearly show TDI cross was a failure because the HMA + 5EMA did not 'signal' any buy. Note: the HMA(12) replaced the TDI {image}
TDI give us more information like Over like consolidations, strong sell, weak sell, etc. I like the comment of MY TDI indicator it helps a lot.
I buy there because that is a Weekly pivot that is why.
MA provides the market's current direction and strength.
  • #112,791
  • Dec 9, 2020 1:56pm Dec 9, 2020 1:56pm
Quoting hasib
{quote} I tested HMA and EMA cross it works fine some time I think if we could enter a little early it will more accurate, that is why I am considering using TDI. Stoc and RSI give a little more late signal.

HMA(12) + 5EMA will work perfectlyin harmony and to remove the TDI from the equation.

Stoch + RSI crosses 50-level can be conservative and a lot 'safer' and less losers.

Big E trading TMS H4 10PM, 2AM and 6AM is very different from many other traders' trading style.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,792
  • Dec 9, 2020 1:58pm Dec 9, 2020 1:58pm
Quoting hasib
{quote} TDI give us more information like Over like consolidations, strong sell, weak sell, etc. I like the comment of MY TDI indicator it helps a lot. I buy there because that is a Weekly pivot that is why.

so long you have reasons why you buy and you...you follow your own reasoning then all is good and you have to accept the outcome of your decision.

the law of CIUP
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,793
  • Dec 9, 2020 2:05pm Dec 9, 2020 2:05pm
Quoting DrDave
{quote} Steller9 was using Morse code to send sensitive price information to SteveHopWood. So far no trader has succeeded to break that code. Thanks for the laugh!
Steller9 was using Morse code to send sensitive price information to SteveHopWood. So far no trader has succeeded to break that code.

indeed that was a good laugh for everyone who knows both Steve Hopwood and seller9 in that thread.

there is no member with that name Steller9

seller9 provided the source mql4 file
here
https://www.forexfactory.com/thread/...16#post4720116
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,794
  • Dec 9, 2020 2:16pm Dec 9, 2020 2:16pm
Quoting hasib
{quote} TDI give us more information like Over like consolidations, strong sell, weak sell, etc. I like the comment of MY TDI indicator it helps a lot. I buy there because that is a Weekly pivot that is why.
The original Traders_Dynamic_Index goes show a lot more information which Big E did not bother to use.

All Big E wanted to trade was his H4 10PM, 2AM and 6AM candles and that is why he only look at the RSI green price line which is to confirm the MOMENTUM of the last 2-3 candles, sometimes he look at the red trade signal line, other times he did not care what the red line was doing, some time he look at 5EAM and other times not, .... If he had used the TDI' other yellow line and the volatility blue bands, he would be blinded by so many more colours. He was visually blind almost 70% blind.

follow simple rules for entries & exit, that is his secret with the Stoch and his TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,795
  • Dec 9, 2020 2:33pm Dec 9, 2020 2:33pm
Quoting hasib
All GU Trade. I back to basic. Basic RH Method works better than My one. I add TDI. I have to test TDI. MACD adds I tested MACD it works well. Is my TDI version works well? {image}
Work well?
No sure Hasib
Is that TDI real time or update on bar close?

Realtime > TDI show @1 34024 and price show 1 34021 > a difference of 3 pips.
Update on bar close > you have to check that yourself
----
The same for this:
TDI has a angle above 2 and green is about to cross red for a TDI Buy set up with information showing "Strong Sell" and "Strong Down"
----
The same for this:
TDI is at level 32 with a possible TDI Buy setup and information showing "Strong Sell" and "Strong Down".
Read up on BigE's advice when TDI is at level 68/32.
  • #112,796
  • Dec 9, 2020 2:38pm Dec 9, 2020 2:38pm
Quoting emmanuel7788
{quote} so long you have reasons why you buy and you...you follow your own reasoning then all is good and you have to accept the outcome of your decision. the law of CIUP
Thanks for your advice, I have tested 5 ema and HMA and BB it has the edge,
Tomorrow I will test TDI and RSI+Stoc Let's see which one yields more return.
MA provides the market's current direction and strength.
  • #112,797
  • Dec 9, 2020 2:39pm Dec 9, 2020 2:39pm
GU M15 with H1

- trading hours???
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Dec 10 M15 H1 10-12-2020 4-37-26 am.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,798
  • Dec 9, 2020 2:42pm Dec 9, 2020 2:42pm
its the same for those who trade M30

EURAUD M30 with H1

- every time a M30 candle closes the H1 bullish or bearish,
- PA is HA candles, 5EMA is the direction

taking trades would be a breeze
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Dec 10 M30 H1 10-12-2020 4-39-47 am.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,799
  • Dec 9, 2020 2:44pm Dec 9, 2020 2:44pm
Quoting hasib
{quote} Thanks for your advice, I have tested 5 ema and HMA and BB it has the edge, Tomorrow I will test TDI and RSI+Stoc Let's see which one yields more return.


keep on doing your system development and forward testing.

which system development handbook/s do you use and follow?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,800
  • Dec 9, 2020 2:50pm Dec 9, 2020 2:50pm
its the same for all pairs all timeframes but

the trading hours ...

EURUS M15 with H1

- every time a M15 candle closes the H1 bullish or bearish,
- PA is HA candles, 5EMA is the direction

> taking trades would be a breeze

it depends on your SL and Position Size and your TP exits
the market has the upper hand

do you want to take USD10,000 to the casino with Big E and me?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD M15 with H1 10-12-2020 4-45-58 am.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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