The Simple System

Quoting achandrasekaran99

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I have made the following changes to my version of TSS (I started with version 1.0 few days ago, understood each line; though have problem understanding iMAonArray in OT3MA even after reading metaquotes site).
1. Minimum change in MA to affect the Trend = 1 Point (may increase later).
2. Separated the email and Alarm functions (first when I disabled Alarm, emails did not work).
3. Email signals only after at least one-third of the BarTime is over (for example in 1H chart, it will not email any signal until 20 minutes in to the new bar; I have made it as an external variable and easy to change).
4. Calculate SAR and report that also in the email. The email will also show the time left in the current Bar.
5. Planning to add dual time frame report in email from single Indicator file. Also, planning to write an EA that can display these data on a single chart (without going through different charts at different timeframes; I should be able to see these data for two timeframes independant of the chart timeframe). For me it is easier to write an EA to display calculated data than to make it enter trades and manage them (at least now)!
6. Also, I think it will be better if we allow the price to breakout of the signal bar-range (I am thinking at least by 2 pips?). If we wait for such bar-breakout and SAR confirmation (along with higher time frame signal direction), the chances seem pretty good. (Also, as mentioned earlier, we should avoid trading in narrow range consolidations and wait for breakout).

These are just my thoughts and preferences. So far testing only (not risked actual or demo money!). The point 6 above has a good summary of options I find interesting and useful.

Cheers,
chandra

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Quoting simonsmart

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Dear Lovely Traders,
which is the best pair for using this great simple system? thanks

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Quoting Bom-Bom

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To Marcf : Chandra is correct, to make the 3C_Jurx.mq4 run correctly in your computer, put the extract the files of include.zip in your include folder and extract the files of indicators.zip in your indicators folder. That should fix the problem.

The 3C_Jurx needs these files :
1. In Include folder : JurXSeries.mqh, PriceSeries.mqh, and 3Color.mqh
2. In Indicators folder : 3C_JurX.mq4 itself (Of Course ), JurX.mq4, and HeikenAshi#.mq4

I am just reading the content of 3C_JurX.mq4 it self. Hope this helps !!


Best Regards

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Quoting Bom-Bom

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To Marcf : Chandra is correct, to make the 3C_Jurx.mq4 run correctly in your computer, put the extract the files of include.zip in your include folder and extract the files of indicators.zip in your indicators folder. That should fix the problem.

The 3C_Jurx needs these files :
1. In Include folder : JurXSeries.mqh, PriceSeries.mqh, and 3Color.mqh
2. In Indicators folder : 3C_JurX.mq4 itself (Of Course ), JurX.mq4, and HeikenAshi#.mq4

I am just reading the content of 3C_JurX.mq4 it self. Hope this helps !!


Best Regards

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Quoting Snobol1

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...I have not tried to optimize the settings for Waddah's indicators. I'll try that sometime.

Cheers,

Pip2

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Quoting Bom-Bom

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To Marcf : Chandra is correct, to make the 3C_Jurx.mq4 run correctly in your computer, extract the files of include.zip in your include folder and extract the files of indicators.zip in your indicators folder. That should fix the problem.

The 3C_Jurx needs these files :
1. In Include folder : JurXSeries.mqh, PriceSeries.mqh, and 3Color.mqh
2. In Indicators folder : 3C_JurX.mq4 itself (Of Course ), JurX.mq4, and HeikenAshi#.mq4

I am just reading the content of 3C_JurX.mq4 it self. Hope this helps !!


Best Regards

PS : I add Waddah Attar Explosion indicator and the screenshot of my chart after I put the 3C_Jurx & Waddah_Attar_Explosion on it.

Snobol, I am sorry if these stuffs made the TSS become not so simple as it was being developed, but I hope these files addressed the issue on things that we all discuss on recently posts.
Thanks for your hard work to share with us !!!!

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Quoting MizZu_X7

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Snobol1,

where i can get Waddah's indicators ? is Waddah can use as a filter for u'r TSS Method ?

thx ...

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Quoting marcf

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Ok..it's working now.....Great stuff....

Thanks.

M.

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Quoting achandrasekaran99

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Hi Pip2,

Thanks for your PM. I will be in touch. It looks like you have come to the same conclusion about the JurX as I did (That seems to be a confirmation singal that JurX does not add/filter anything!). I like all in one file (only TSS is the first indicator I use that has two files; I may copy the OT3MA part and put it into TSS to make a single file sometime). The JurX has about six files to do one job and I cannot understand the head or tail! If needed, I can duplicate the JurX indicator right from much simpler single file OT3MA.

May be you can add some of the recent ideas about what can be used as filter in the first post as Additions. Such collection will give a better idea of what have been considered and seemed reasonable. I don't think we have to look for elsewhere. All the useful stuff are in this thread itself.

I keep reading that this system is only for longer timeframes (daily and 4H). But as far I can see, there is no such limitation. Any timeframe seems to be OK with good filters (most filters already mentioned here; SL has to be managed according to timeframe as well). Of course I am looking at EURJPY.

Thanks for sharing the system.
chandra

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Quoting achandrasekaran99

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Hi Pip2,

Thanks for your PM. I will be in touch. It looks like you have come to the same conclusion about the JurX as I did (That seems to be a confirmation singal that JurX does not add/filter anything!). I like all in one file (only TSS is the first indicator I use that has two files; I may copy the OT3MA part and put it into TSS to make a single file sometime). The JurX has about six files to do one job and I cannot understand the head or tail! If needed, I can duplicate the JurX indicator right from much simpler single file OT3MA.

May be you can add some of the recent ideas about what can be used as filter in the first post as Additions. Such collection will give a better idea of what have been considered and seemed reasonable. I don't think we have to look for elsewhere. All the useful stuff are in this thread itself.

I keep reading that this system is only for longer timeframes (daily and 4H). But as far I can see, there is no such limitation. Any timeframe seems to be OK with good filters (most filters already mentioned here; SL has to be managed according to timeframe as well). Of course I am looking at EURJPY.

Thanks for sharing the system.
chandra

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Quoting sennin

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hello all,
thanks for the TSS Team that have made a good system.
I have a question,Snobol suggested that use 15,0.7 for the OT3MA as a visual filter for trends, then I tried to compare it with OT3MA 28,0.7.
I found that using 28,0.7 was not bad,"it worked".
so can I use OT3MA with 28,0.7?
or I just follow default parameters of OT3MA (15,0.7)?

sorry if I'm mistake..
thanks..

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Quoting marcf

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Hi Chandra:

Thanks for your input in regards to the JurX. It doesn't add anything, however it does give a confirmation, in my opinion. I have used it all last week with good results. But, as the title to this thread is The Simple system, We certainly don't have to look anywhere else. If we all work together on this, we could have one great system on our hands, which I believe we already have.

Thanks..

M.

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Quoting achandrasekaran99

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Hi Marc,

About the JurX being additional confirmation, as far as I checked, it did not filter bad signals (it seemed to filter good and bad to a similar extent and more than 90% of the signals were within 2 bars from TSS signal, independant of choppy or trending market; but I checked only in EURJPY). We can use similar confirmation without complicated systems by using the OT3MA itself. Thats what I mean when I say JurX did not add/filter anything (I meant that it does not add anything that cannot be done with OT3MA). JurX uses 5 or 6 files to do that job whereas in The Simple System, we can use just one file to do a similar job. Thats what is simplicity. But that is just my preference, and if it works for you thats fine too. Thats what counts in the end. We have to be comfortable with what we use. For many people (especially newbies), simplicity is most comfortable.

chandra

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