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Trading is as simple as ABCD

  • #11,321
  • Edited 4:59am Jan 27, 2021 3:31am | Edited 4:59am
Hello from germany, i follow this since 6 weeks and i use it permanantly on M15, dax germany. I use the same indicators, LWMA35 and the 7. Till now it gave me some good profits, but on M15. M1 is too fast for me and my reaction time is much more better on M15. Do you have some advices or do you confirm to use the same indicators settings like on M1? On Demo i did nearly 5% weekly. Thanks and greetings,
admiral1
  • #11,322
  • Jan 8, 2022 2:21am Jan 8, 2022 2:21am
Is anyone trading this system with a MTF approach?

e.g. if I see a CD leg starting to emerge on my chart, I normally prefer to head down to a lower timeframe (where the CD leg will be a trend) and then wait for a pullback to get into the newly emerging trend. This way, I find that I am able to capture the same big move but with a lower risk capital amount.

Thoughts?
  • #11,323
  • Jan 14, 2022 3:15am Jan 14, 2022 3:15am
It's a good approach buddy, always use proper money and risk management while trading.
  • #11,324
  • Jan 18, 2022 5:04am Jan 18, 2022 5:04am
@ Epeolatry No doubt. Those two are a must.
  • #11,325
  • Mar 10, 2022 4:22am Mar 10, 2022 4:22am
Quoting Flexo
Here is an update on the TMtool (or what Clive calls Tristans Trade Manager). This is version TMtool 2.3 and replaces all previous versions. - This update adds two additional buttons for placing Market orders. - Some small changes done on the appearance of the tool. This goes into your Expert Advisors folder. As always first test on Demo before using Live. Enjoy it! {file} {image}

Hi Flexo

i want to ask you if you can add few options to this awesome trade manager at a cost

1 an option for SL for Market orders to use the same last candle Pips_plus_for_SL_Low Pips_plus_for_SL_High settings instead of fixed SL
2 something to change the lots on the fly ... i dont know whats the best solution for this : to add extra panels like the existing ones but with different lot size i need 3 different lot size options ...
i want to be able to open different position size depending on the market without going in to setting all the time

Regards
  • #11,326
  • Jul 30, 2022 10:57am Jul 30, 2022 10:57am
After a long sarch i find TTindy, but icant find TrendCCI and appropriate settings of this last
please anyone can help me?
  • #11,327
  • Edited 10:55am Oct 28, 2022 5:34am | Edited 10:55am
Hi Clive and all, please does anyone tried this on TradingView and has indicators and latest Clive's settings for this?
  • #11,328
  • Oct 30, 2022 3:40pm Oct 30, 2022 3:40pm
Please Clive can you repost your videos, which were referred on the following post?
https://www.forexfactory.com/thread/...55#post9537955

Or is there anyone who could give me access to them?
  • #11,329
  • Dec 14, 2023 1:38pm Dec 14, 2023 1:38pm
Hey everyone.

Just sharing that I started seeing results with this method. I had tried the other ""Trading Made Simple" by eelfranz however didn't get any major result.
Started on this because of its simplicity and the ease of spotting the ABCD pattern.
So what I am doing is basically looking for this setup on major pairs (top 10) as well as gold and nasdaq on a 1HR chart on no specific session.
The key here is that my RR is 3:1. So in order to make profits I only have to be right 3 out of 10 times. Ex: 3x+30 = +90 , 7x-10 = -70 , total +20.

I had an initial account gone from 800 all the way to 370 in previous methods. Now within 1.5 months of 3 to 4 trades a day using this method, it had gone up back to 890. I hope to escalate these number to thousands.

Greetings from Mexico
  • #11,330
  • Feb 4, 2024 12:55am Feb 4, 2024 12:55am
Quoting clivepackham
Just want to talk about entries for a bit as a safe entry is paramount to a successful trading strategy... First of all let me share my philosophy about trading as it explains the reasons behind my entry method. I believe price can only go up or down so our job is to find a chart that is plainly going one way then look for the ideal place to join that trend. Now bear in mind it can only go up or down then all we have to do is find a way of identifying a turn back with the trend... Seems simple enough doesn't it?? Well if you look at any chart with...
THIS AMAZY!
  • #11,331
  • Nov 19, 2024 8:03am Nov 19, 2024 8:03am
Quoting clivepackham
{quote} Di niente.... {image} Funziona anche su DAX....
Oggi 19/11/2024 ho finito di leggere il tuo grande post e stò oer metterlo in pratica. Fantastico quello che sei riuscito a fare. Complimenti. Grazie e un abbraccio
Modesto
  • #11,332
  • Dec 2, 2024 11:07pm Dec 2, 2024 11:07pm
Quoting clivepackham
{quote} I use to trade at 1% per pip so that would be about 70% those were my double the account in one day days.. But in preparation for going live I decided to reduce it to 5% across 20 pips so would of been up about 17.5% I guess... Mind you had some losers today getting frustrated with all my BE's. Guess this is where I'm at right now, got a good entry system which regularly gets me in and to BE quickly just need to decide when to cash in I guess...We should work together Capstone as we appear to have the complete...
I would look at the financial situation. How many dollars would you like to profit at a days trading. Then divide this amount in 4 pieces. Take 4 good trades and get out of them when they gave you the amount you need (1/4 of daily profit). Your pride will get hurd at a daily basis, but your pocket will smile. There are robots that can close your trade at a specific amount of dollar profit. Otherwise I can make you such a robot. It is simple.

Then have another account where you are allowed to play. Real money of cause. In that account you are allowed to experiment and go for the sky. And learn and develop and ..... just have a really nice time using your brain.

This way you can trade for your family income at the same time as having a good time.
MetaTrader 4 - so many advantages.
  • #11,333
  • Last Post: Aug 1, 2025 11:44am Aug 1, 2025 11:44am
Hi, it's been a very long time since i posted anything anywhere, but last night i read some old notes and decided to come here today and give a huge shout-out to Mr Clive Packham and this amazing thread Trading is as simple as ABCD.

I don't know Mr Packham, but i consider this thread to be one of the most important and valuable discussions ever posted online. As i'll explain below, it may well be the BEST.

Whether you choose to trade using the tools he uses (LWMA and CCI) is up to you. Once you learn his method, you'll realize that you can do the same thing with ichimoku, stochastics, the 34 EMA (or 8 EMA and 34 EMA) or the 50 SMA, or the 50 CCI and 14 CCI . . . lol . . . there are countless other ways . . .

But the tools aren't important (although the 35/100 LWMA combination is awesome). You must listen to what Mr Packham emphasized: ONLY TRADE STRONG TRENDS.

New people: He just gave it to you. That is the Holy Grail of trading. Find the strongest trends then ride them, getting in on every pullback. It's what Jesse Livermore and countless other Master Traders have always done. If you're not starting your day or week by first trying to find the strongest trends, then it's like you're building a house without a solid foundation.

The ABCD is wonderful but Mr Packham's insistence on only trading strong trends truly distinguishes him as a unique thinker with rare insight into the markets. Mr Packham is a Master Trader and if you're new at trading and lucky enough to find this thread . . . your search for the Holy Grail is over.

My best to all!
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