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Trading Made Simple 138,888 replies

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

Trading Made Simple the right way, and other trading lessons 323 replies

Indicators for the 'Trading Made Simple' system 342 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple(r)
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Trading Made Simple(r)

Quoting emequispips
{quote} I'm trying to replicate on TV. Brown line is 25 sma calculated to close value (chart) and then rescaled to macd 6 -10? Thanks
Yes
Always a Student, Never a Master - Emulate What Works
I have not seen a lot of trade opportunities this week using Template 1 in 4Hr Forex, especially when respecting the daily trend.
Anybody else also have this problem this week?
A lot of us rely on TV. It will be great if we can make the RHO match correctly on TV. Thanks for your effort.
Quoting senkyoshi
I have not seen a lot of trade opportunities this week using Template 1 in 4Hr Forex, especially when respecting the daily trend. Anybody else also have this problem this week?
ye, not any trade this week on currencies but just one on nas100
(i also take trades with the trend of D1)
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I finally got some alerts working for HMA/MA crossing and now it's perfect. Last week got a lot of sucess with it, including 4 out of 4 on Friday.
Hey,

For those who are interested here is an indicator with button to get a coloured High / Low Channel.
You can set alert / change the candle color if you need.

Have a nice day.
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Attached File(s)
File Type: ex4 Averages Channel Candles (alerts + button).ex4   178 KB | 167 downloads
Quoting Zakarh
Hey, For those who are interested here is an indicator with button to get a coloured High / Low Channel. You can set alert / change the candle color if you need. Have a nice day. {file} {image} {image}
Thanks for posting the indicator and the images.
Always a Student, Never a Master - Emulate What Works
Quoting RobinHood
{quote} Thanks for posting the indicator and the images.
You welcome @RobinHood, you shared with us so much
Im glad if my small contribution can help
My approach is a simple system, without unnecessary indicators. We are trading SPY 500 . A simple example. M10 and M1
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Example of overclocking an account starting from $100
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another example . We hold the position on M1 until the first red candle . We put the stop under at least 1 of the previous candle on M1. The risk-profit ratio is 1:3 and higher
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Quoting faktmany
My approach is a simple system, without unnecessary indicators. We are trading SPY 500 . A simple example. M10 and M1{image}{image} Example of overclocking an account starting from $100 {image} another example . We hold the position on M1 until the first red candle . We put the stop under at least 1 of the previous candle on M1. The risk-profit ratio is 1:3 and higher {image}
Hi
That looks really interesting. What indicator do you use and bars are normal candlestick?
Thanks
Malcolm
Some was able to scale one indicator (sma) to another (macd) in TV?
Quoting mring16
{quote} Привет. Выглядит очень интересно. Какой индикатор вы используете, а бары — это обычные свечи?...
bars + Heiken Ashi indicator on MT5 and two timeframes M10, we look at the main direction of movement, and on M1 we look for an entry point.
Simple = effective!
Quoting faktmany
{quote} bars + Heiken Ashi indicator on MT5 and two timeframes M10, we look at the main direction of movement, and on M1 we look for an entry point. Simple = effective!
Great job I will give that a shot
Thanks
Malcolm
Quoting faktmany
My approach is a simple system, without unnecessary indicators. We are trading SPY 500 . A simple example. M10 and M1{image}{image} Example of overclocking an account starting from $100 {image} another example . We hold the position on M1 until the first red candle . We put the stop under at least 1 of the previous candle on M1. The risk-profit ratio is 1:3 and higher {image}
Hi faktmany,
based on your marking on the 10 min chart, it looks like you start taking setups on M1, before M10 HA candle changes color and close?
Quoting BodhiLoose
{quote} Hi faktmany, based on your marking on the 10 min chart, it looks like you start taking setups on M1, before M10 HA candle changes color and close?
Only after the candle closes on M10 do I start looking at M1 . In both cases , the RSI should be above 50% for purchase , and below 50 % for sale . The previous picture is a good example
Here is another example
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An example of entering a position, stop for the maximum of the previous candle
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Closed in BE
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Quoting faktmany
{quote} Only after the candle closes on M10 do I start looking at M1 . In both cases , the RSI should be above 50% for purchase , and below 50 % for sale . The previous picture is a good example Here is another example {image}
Thanks for posting your ideas.

I think the RSO (Robinhood Oscillator) very closely mimics the combination of the RSI 14 and the Stoch 8,3,3, BUT I also think that the RSO Magenta Line is much smoother than the RSI 8. Take a look...

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Attached File(s)
File Type: ex4 RobinHood Oscillator.ex4   9 KB | 315 downloads
Always a Student, Never a Master - Emulate What Works
For those of you who are using TC2000, I have found a way (that to me) the RSO is more visually pleasing than the way I originally posted it (with 2 lines).

The problem that I was having is that I could not always definitively tell when the magenta line was above or below the 0 line.

Now I definitively can.

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Always a Student, Never a Master - Emulate What Works
I got very good with this method, 5 green out of 6 today. But man do i suck at getting out. My problem is i can't be monitoring it 24/7 so i usually just do SL and TP (simetric), most of the time i leave money in the table. On the other side i'm leaving with 3, 4 and 5% profit and should probably just be happy.
I'm just doing M15 trades (i look at H1, H4, M30 for the perfect setup) but i time the ins and outs in M15. I don't think i have the discipline, to follow higher trends, yet.

Any tips to make the process of getting out more polished?
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