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More simple is impossible

  • #10,241
  • Feb 16, 2020 9:21am Feb 16, 2020 9:21am
jaquemate, if you still read this i wanted to ask: did you come to this understanding alone, or you read something in particular?
  • #10,242
  • Dec 18, 2020 3:50am Dec 18, 2020 3:50am
What a pitty that this thread is no longer alive.
Have read last months the whole thread 3 times and have implemented fibo, BRN, divergence, 123 etc. in my trading.
Results are improving but would be nice to have the old vibe back in this thread.
Matomi, PhillipineFX, Dee50, matmomo etc.: are you still trading this concept?
  • #10,243
  • Jan 11, 2021 7:18am Jan 11, 2021 7:18am
I have just finished coding a new EA. Here is a copy for Demo accounts. You can use it at any stock. Mix and Match your strategy. Multi-Settings.

It has Fibo, Divergences, etc.

Upload the Indicator 'patterns on chart' into your Indicators folder and Markets Master EA into your Experts folder.

Choose the strategy that best suits your trading, et voilą.

I have not yet managed to code the candle patterns inside the EA. Maybe in a near future.

Any comments or recommendations, please, let me know.
Attached File(s)
File Type: ex5 MarketsMasterEA_ENG.ex5   873 KB | 409 downloads
File Type: mq5 patterns_on_chart.mq5   28 KB | 433 downloads
  • #10,244
  • Mar 23, 2021 6:47pm Mar 23, 2021 6:47pm
Quoting TradingG
I have just finished coding a new EA. Here is a copy for Demo accounts. You can use it at any stock. Mix and Match your strategy. Multi-Settings. It has Fibo, Divergences, etc. Upload the Indicator 'patterns on chart' into your Indicators folder and Markets Master EA into your Experts folder. Choose the strategy that best suits your trading, et voilą. I have not yet managed to code the candle patterns inside the EA. Maybe in a near future. Any comments or recommendations, please, let me know. {file} {file}


Thank you so much!! Will try it!

Amazing share!
  • #10,246
  • Aug 3, 2021 8:54am Aug 3, 2021 8:54am
Hi People of Earth,

I just wanted to say that I've tried to tweak this strategy to better suits for m1 style.

Also, althought it seemed to give interesting possibilites on Demo and checking the graphs, I'm trying now to make it work on a REAL account and with real live trading.

Have all a good day and, well, let's see if something can be made out of this.

I'm NOT a believer or someone who like to think this or that or this or that, I'm someone that put to test things and see what's the results. So let's see.

Have a nice day !
  • #10,247
  • Oct 24, 2021 9:25pm Oct 24, 2021 9:25pm
Quoting pejavik
What a pitty that this thread is no longer alive. Have read last months the whole thread 3 times and have implemented fibo, BRN, divergence, 123 etc. in my trading. Results are improving but would be nice to have the old vibe back in this thread. Matomi, PhillipineFX, Dee50, matmomo etc.: are you still trading this concept?
I think of them as ambassadors of Belphegor. You have all the tools at your disposal...it is all up to you how to use them!

Anymore post is just a clutter and a blasphemy.
  • #10,248
  • Dec 25, 2021 10:30am Dec 25, 2021 10:30am
Quoting pejavik
What a pitty that this thread is no longer alive. Have read last months the whole thread 3 times and have implemented fibo, BRN, divergence, 123 etc. in my trading. Results are improving but would be nice to have the old vibe back in this thread. Matomi, PhillipineFX, Dee50, matmomo etc.: are you still trading this concept?
Hi Pejavik,
yes i'm still trading and i'm still using this strategy.
I was out from FF for a lot of time.
You have a good idea, so in the new year i'll go back here posting and sharing.

MERRY XMAS to you and to all friends here.
  • #10,249
  • Jan 16, 2022 5:12am Jan 16, 2022 5:12am
DAX40 +30 +27 +65
Renko 100

Hi guys,
Here we go...

Here are three trades from Friday morning:

The first two were made when the price bounce off the Daily Pivot with TP on the Daily Open Line.
The last one, after a Double Top + Divergence and a nice 123 + rejection from the Emas.

Have a nice Sunday
Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: DE40M73 FF2022 1.png Size: 97 KB
  • #10,250
  • Edited 5:10pm Jan 27, 2022 2:15pm | Edited 5:10pm
Quoting matmomo
DAX40 +30 +27 +65 Renko 100 Hi guys, Here we go... Here are three trades from Friday morning: The first two were made when the price bounce off the Daily Pivot with TP on the Daily Open Line. The last one, after a Double Top + Divergence and a nice 123 + rejection from the Emas. Have a nice Sunday Cheers {image}
Hey matmomo, i am new to posting on forex factory but i have been reading this thread for about 2 months now every day, ive read just about every post.
Reading through this thread i was always very impressed with your trading as you are clearly one of the guys who really gets this strategy.
I have read "trading in the zone" and "trading rules that work" several times and i have also done the exercises Mark Douglas suggests. i believe that i have cultivated a winning attitude and i can "trade without fear" now from a probabilistic perspective, i no longer feel emotional over losers or winners for that matter. but a problem i have run into now is that i have streaks of winners and then streaks of losers and my equity is hovering around BE, i am having a hard time breaking through this barrier, i know this might be a broad question but i assume you went through a similar period of BE profits, what is it that helped you get over this hurdle? what should i be focusing on? i feel like my psychology is good but my TA is weak, and i am having a hard time identifying what i am doing wrong that is holding me back from true profitability, attached are the trades i took last night, 2wins 1BE the wins both came within a pip of my SL, lol. anyways sorry for the long post, any advice would be greatly appreciated, hope you are doing well, you are an inspiration
Attached Image (click to enlarge)
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  • #10,251
  • Feb 11, 2022 3:36pm Feb 11, 2022 3:36pm
these are the trades i took last night, went pretty well 40 pips in less then 5 minutes, pretty epic, lol.
now all i need to do is be more consistent which is a challenge, i think it boils down to simply stepping aside when market conditions are not good and focusing on trading when markets are good, and being able to make the distinction between profitable and non profitable market conditions. also applying trendline breakouts to my trading seems to be going very well, still too early to tell just yet
Attached Image (click to enlarge)
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  • #10,252
  • Feb 12, 2022 8:31am Feb 12, 2022 8:31am
Can short-term trading really last long in the market?
  • #10,253
  • Feb 12, 2022 6:00pm Feb 12, 2022 6:00pm
Quoting katienotcat
Can short-term trading really last long in the market?
yes, i believe so. just look at matmomos trading history alone, his consistency and results are amazing. with that being said i think how well we can utilize a trading method has a lot to do with the kind of person we are. some people are more suited for long term trading some are more suited for short term trading and everything in-between.
  • #10,254
  • Mar 8, 2022 1:32am Mar 8, 2022 1:32am
Quoting Sojourn
{quote} Hey matmomo, i am new to posting on forex factory but i have been reading this thread for about 2 months now every day, ive read just about every post. Reading through this thread i was always very impressed with your trading as you are clearly one of the guys who really gets this strategy. I have read "trading in the zone" and "trading rules that work" several times and i have also done the exercises Mark Douglas suggests. i believe that i have cultivated a winning attitude and i can "trade without fear" now from a probabilistic perspective,...
Hi Sojourn, sorry for my delay.
You're right, the BE period happened to everyone. Continue with the study and the most important thing I can tell you is "don't be in a hurry".
Don't have the anxiety of entering the market. Wait, observe, if you are not convinced or if you are late do not enter the market, wait for a new opportunity.
Set a daily target. For example 20 or 40 pips. When you reach the target stop trading for the day. Do it for a month. and the we'll talk about it.
Discipline is the key.
There are a lot of profitable Systems, but all needs discipline.
Don't be greedy, this is where we make mistakes.
If you hit a Stop Loss do not have the anxiety of recovering. Try to understand the mistake of the trade and wait for a new opportunity. But always without anxiety and haste.
For any clarification or to have a chat I am here. thanks for your kindly words.
Stay green.
  • #10,255
  • Mar 10, 2022 7:31am Mar 10, 2022 7:31am
Quoting Sojourn
these are the trades i took last night, went pretty well 40 pips in less then 5 minutes, pretty epic, lol. now all i need to do is be more consistent which is a challenge, i think it boils down to simply stepping aside when market conditions are not good and focusing on trading when markets are good, and being able to make the distinction between profitable and non profitable market conditions. also applying trendline breakouts to my trading seems to be going very well, still too early to tell just yet {image}
Hello could you send your template sir? And what brick size do you use?
  • #10,256
  • Edited 6:05pm Mar 12, 2022 1:32pm | Edited 6:05pm
Quoting matmomo
{quote} Hi Sojourn, sorry for my delay. You're right, the BE period happened to everyone. Continue with the study and the most important thing I can tell you is "don't be in a hurry". Don't have the anxiety of entering the market. Wait, observe, if you are not convinced or if you are late do not enter the market, wait for a new opportunity. Set a daily target. For example 20 or 40 pips. When you reach the target stop trading for the day. Do it for a month. and the we'll talk about it. Discipline is the key. There are a lot of profitable Systems,...
Thanks for the response matmomo, i appreciate it, i will do what you suggest and aim for a daily pip goal,one question i really wanted to ask you is do you look at higher timeframe charts when trading? like 1h 4h daily etc? or do you feel that the renko charts give you all the information you need? thanks again boss.
  • #10,257
  • Mar 12, 2022 6:04pm Mar 12, 2022 6:04pm
Quoting Wilczur
{quote} Hello could you send your template sir? And what brick size do you use?
sure here you go, its more or less the same as dee50s, ive realized the emas you use really dont matter at all. they all work the same way more or less. also i use the 3 5 and 10 pip renkos. the only really unique thing on my chart is this round number indie, its the only one i can get to work on ger40 with my broker lol
Attached File(s)
File Type: tpl renkotempwithheikinashi.tpl   226 KB | 370 downloads
File Type: ex4 C12RoundNR.ex4   10 KB | 311 downloads
  • #10,258
  • Mar 14, 2022 9:14am Mar 14, 2022 9:14am
Quoting pejavik
What a pitty that this thread is no longer alive. Have read last months the whole thread 3 times and have implemented fibo, BRN, divergence, 123 etc. in my trading. Results are improving but would be nice to have the old vibe back in this thread. Matomi, PhillipineFX, Dee50, matmomo etc.: are you still trading this concept?
Pejavik , this thread is alive and very well and will always be alive and very well , thanks to DAVIT for creating it and the other many , many , excellent traders.
DAVIT made it very clear , TRADE THE PIVOT POINT SYSTEM , USE CLEAN CHARTS , NEWBIES THAT DO NOT READ THE RULES AND FOLLOW THEM TO THE LETTER WILL BE BANNED , and I'm not calling you a Newbie.

This is the best Forex Trading Method on the Web , HANDS DOWN !!!!!! , IF YOU FOLLOW THE RULES OF THE SYSTEM !!!!!!!
We are so blessed to have a Man , DAVIT , who unselfishly wrote down literally thousands of Golden Nuggets for us traders.

You stated that your trading results are improving , that is progress , that is what you want , correct ?

This thread is full of valuable information , however , the seasoned traders are going to look at posts everyday and we know instantly , who has followed the rules and who has not. If you have added something valuable to this thread , you WILL receive a "like" from these seasoned traders.

Respectfully ,
GreenEarth
"Define the risk OUT of your trade"--Mark Douglas
  • #10,259
  • Mar 14, 2022 2:24pm Mar 14, 2022 2:24pm
I thought Jacquemate created it.
  • #10,260
  • Mar 14, 2022 6:53pm Mar 14, 2022 6:53pm
Quoting handy148
I thought Jacquemate created it.
Sorry , wrong thread.
GE
"Define the risk OUT of your trade"--Mark Douglas
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