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Trading Made Simple 151,881 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

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

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple(r)

  • #8,621
  • Aug 9, 2023 1:50pm Aug 9, 2023 1:50pm
Quoting pewebly
{quote} Do you think this is a good time to buy? H4 looks like up trend but current candle although blue is not finished. We have one Stoch below 50. On M30 looks like 3rd candle after the red one and all indy above 50. Is this okay? H1 is clear uptrend. Thanks! {image} {image}
Assuming that you are trading the 30 min chart, you need to be looking at the 4 hr. for direction confirmation, not the 1 hr. There's not enough time difference between the 30 min. and the 1 hr.

The 4hr. HMA line was red (deep pink) which means that I would not have entered the trade on the 30 min. I need it to be green.

-------

*BTW, for everyone, just to be clear, when I say I look at "one time frame higher", I do not mean literally always "one time frame higher".

For me it's more of a figure of speech, a way for me to reference the time frame I look at that is above the time frame that I am trading.
Always a Student, Never a Master - Emulate What Works
  • #8,622
  • Edited 8:11am Aug 10, 2023 7:19am | Edited 8:11am
Quoting pewebly
{quote} Do you think this is a good time to buy? H4 looks like up trend but current candle although blue is not finished. We have one Stoch below 50. On M30 looks like 3rd candle after the red one and all indy above 50. Is this okay? H1 is clear uptrend. Thanks! {image} {image}
For new people learning here, Hope this simple basic explanation assists those wanting to try and understand where they are in a minefield of foggy paddocks, filled with difficult terrain.

As Robin Hood explained earlier you need knowledge, and it will be expensive, as you have entered into one of the most difficult businesses to make money, ask him, he may share some of his knowledge, gained over the years, I believe some 20 yrs plus.

The education you get will assist in answering many of the questions you ask above, but be careful of the so called experts who will ask you to sign up for help, coupled with fees, make sure you get value for money, check their credentials first before parting with hard earned cash

Looking on various chat sites may be entertaining but, it may also be misleading.

The attached needs to be learnt and UNDERSTOOD, applied to various time frames, to determine a satisfactory outcome, well it did for me, so hope it helps those lost in the wilderness.

Here si the GBPAUD charts recopied for the time period you were asking about going long. One 4 hr and the other a 1 hr.---Just a confirmation of what other people suggested you needed to use.

The dotted lines represent my understanding of where you wanted to go long at approx 1.9500

The white channel lines I put on to help you see an obvious issue moving forward for any attempt at going LONG

The LINE style of the price will also remove any confusion about what is happening.

And back to why I put the Basic premise about trends is now explained (with the actual trade you considered), from theory why you need to learn this stuff

Ben
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Downtrends Explained.JPG Size: 36 KB
Click to Enlarge Name: Uptrends Explained.JPG Size: 33 KB
Click to Enlarge Name: GBPAUD 4Hr with 1Hr comparison.JPG Size: 159 KB
  • #8,623
  • Aug 10, 2023 7:41pm Aug 10, 2023 7:41pm
Entering a Long on USDJPY.
D1 and H4 is both trending up.
Using M15 for entry.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 24 KB

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Click to Enlarge Name: USDJPYH4.png Size: 43 KB

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 43 KB



Target exit after holding position for 11 hours.
  • #8,624
  • Aug 11, 2023 9:03am Aug 11, 2023 9:03am
Hi RH,

meanwhile, I want to thank you for the precious help you continue to give us, personally learned a lot from your trading and your indicators. I ask you if you have a moment of time if you can check the mq4 file of the indicator Stochastic_Color_v1.02classicC.mq4. When I compile it returns several errors, I fixed almost all of them but in the end I can not fix the StringUpperCase function. I wanted to recall this indicator in my strategy and I can't, if you could give me a hand I would be grateful.
Thanks again for being there.
  • #8,625
  • Aug 12, 2023 12:13pm Aug 12, 2023 12:13pm
Quoting lukgoku
Hi RH, meanwhile, I want to thank you for the precious help you continue to give us, personally learned a lot from your trading and your indicators. I ask you if you have a moment of time if you can check the mq4 file of the indicator Stochastic_Color_v1.02classicC.mq4. When I compile it returns several errors, I fixed almost all of them but in the end I can not fix the StringUpperCase function. I wanted to recall this indicator in my strategy and I can't, if you could give me a hand I would be grateful. Thanks again for being there.
Thank you for the kind words.

Attached File(s)
File Type: mq4 Stochastic_Color_v1.02classicC.mq4   15 KB | 520 downloads

Attached File(s)
File Type: ex4 Stochastic_Color_v1.02classicC.ex4   16 KB | 420 downloads
Always a Student, Never a Master - Emulate What Works
  • #8,626
  • Aug 14, 2023 3:51am Aug 14, 2023 3:51am
Trying a short on GBPUSD today. D1 and H4 is still in-sync moving downward.
Hit stop after holding the entry for 5 hours.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 46 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4-Stop.png Size: 46 KB
  • #8,627
  • Aug 14, 2023 6:40am Aug 14, 2023 6:40am
Hello

Does anyone have Synergy APB suitable for MT5 that they know works, the ones that I have tried does not display on the chart.

Cheers
  • #8,628
  • Aug 14, 2023 6:56am Aug 14, 2023 6:56am
Quoting SF422
Hello Does anyone have Synergy APB suitable for MT5 that they know works, the ones that I have tried does not display on the chart. Cheers

MT5 Indicators

Synergy APB {click to download}

Traders Dynamic Index {click to download}
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,629
  • Aug 14, 2023 8:39am Aug 14, 2023 8:39am
Quoting emmanuel7788
{quote} MT5 Indicators Synergy APB {click to download} Traders Dynamic Index {click to download}
Thanks emmanuel7788

Have placed them into the indicators folder.. unfortunately cant get them to load onto the chart, this is my current MT5 set up
Attached Image (click to enlarge)
Click to Enlarge Name: indicators MT5.PNG Size: 22 KB
Attached Image (click to enlarge)
Click to Enlarge Name: USOUSDDaily.png Size: 24 KB
  • #8,630
  • Aug 15, 2023 10:42am Aug 15, 2023 10:42am
for anyone interested I wrote this setup in PineScript to be used on TradingView, still I have to write the alerts (that's why I wrote it in the first place )
any source code for "Synergy APB" would be appreciated (APB = Average Price Bar if my logic is correct this means Heiken Ashi (Average Candles) )

check attachments for pines
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 93 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 142 KB


Added arrow to preview the alert points.

any tweaks / mods (or even the source for "Synergy APB" (mq5/mq4), some formula/equation would be useful too) ?

also for my(and others too) commodity would be nice to start 1 thread/ keep this one with entries (some human filter would be nice and only costs up 2 10 seconds of that traders life ) (I really don't like to watch the charts every(second/minute/hour/day/year/eon) , that's why I want the alerts ("Look first / Then leap" as trading view says)

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-08-15 at 19.49.54.png Size: 177 KB
Attached File(s)
File Type: zip BigE.zip   2 KB | 600 downloads
File Type: zip overlay.pine.zip   1 KB | 555 downloads
  • #8,631
  • Aug 18, 2023 4:06am Aug 18, 2023 4:06am
Quoting moneyMaster
for anyone interested I wrote this setup in PineScript to be used on TradingView, still I have to write the alerts (that's why I wrote it in the first place ) any source code for "Synergy APB" would be appreciated (APB = Average Price Bar if my logic is correct this means Heiken Ashi (Average Candles) ) check attachments for pines {image} {image} Added arrow to preview the alert points. any...
Hi Moneymaster

Great job with TradingView version of Template #1, you are obviously quite skilled with programming.
Would it be out of the question to make it available in the TradingView community scripts? I tried to insert the scripting from the zip files and its not working for me.

Regards
Sam
  • #8,632
  • Aug 20, 2023 1:54am Aug 20, 2023 1:54am
Quoting SF422
{quote} Thanks emmanuel7788 Have placed them into the indicators folder.. unfortunately cant get them to load onto the chart, this is my current MT5 set up {image}{image}
Hi

Mine works okay.

Attached Image (click to enlarge)
Click to Enlarge Name: EU H4 Aug20 NYClose.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,633
  • Aug 20, 2023 5:09am Aug 20, 2023 5:09am
Quoting SF422
{quote} Thanks emmanuel7788 Have placed them into the indicators folder.. unfortunately cant get them to load onto the chart, this is my current MT5 set up {image}{image}
Mine don't work either. I managed to find alternative ATB indicators and TDI for MT5 that do work.

Attached File(s)
File Type: ex5 APB.ex5   33 KB | 464 downloads

Attached File(s)
File Type: ex5 TradersDynamicIndex.ex5   26 KB | 416 downloads



Obviously the TDI can be recreated using RSI, and by adding moving averages and a bollinger as per various instructions for Android MT4
  • #8,634
  • Aug 21, 2023 3:10am Aug 21, 2023 3:10am
Quoting hostwey
{quote} Mine don't work either. I managed to find alternative ATB indicators and TDI for MT5 that do work. {file} {file} Obviously the TDI can be recreated using RSI, and by adding moving averages and a bollinger as per various instructions for Android MT4
Bingo

Thanks a bunch
Sam
  • #8,635
  • Aug 22, 2023 11:03am Aug 22, 2023 11:03am
Quoting SF422
{quote} Hi Moneymaster Great job with TradingView version of Template #1, you are obviously quite skilled with programming. Would it be out of the question to make it available in the TradingView community scripts? I tried to insert the scripting from the zip files and its not working for me. Regards Sam
DIY, you have the pine
  • #8,636
  • Edited 3:25pm Aug 28, 2023 2:23pm | Edited 3:25pm
Possible EURJPY Daily Crossover. Keeping my eye on it.
  • #8,637
  • Aug 28, 2023 4:20pm Aug 28, 2023 4:20pm
Quoting Danimal42
Possible EURJPY Daily Crossover. Keeping my eye on it.
Im In.
  • #8,638
  • Aug 30, 2023 9:53pm Aug 30, 2023 9:53pm
Quoting moneyMaster
for anyone interested I wrote this setup in PineScript to be used on TradingView, still I have to write the alerts (that's why I wrote it in the first place ) any source code for "Synergy APB" would be appreciated (APB = Average Price Bar if my logic is correct this means Heiken Ashi (Average Candles) ) check attachments for pines {image} {image} Added arrow to preview the alert points. any...
Looks great! Thank you!
Low Spreads/Commission.. https://go.vantagefx.com/visit/?bta=40917&brand=v
  • #8,639
  • Sep 3, 2023 7:12am Sep 3, 2023 7:12am
I've conducted backtesting on various timeframes, including M15, H1, and H4, using a single timeframe for analysis, and the results have been consistently positive.
Furthermore, I've experimented with using H4 as a filter and M15 as an entry, and this combination has also shown promising performance.
I must admit, I find myself in an unusual situation where all the timeframes seem to be working well. This has left me feeling a bit perplexed, as I'm unsure which timeframe is the most suitable for my trading strategy. It's a pleasant dilemma to have, and I attribute this success to my approach, Thanks RobinHood.

While I've conducted backtesting on my own, I'm curious to know your thoughts and preferences. Given this fortunate predicament, I'm hesitant about where to focus my efforts. What do you think is the best approach? Your insights would be greatly appreciated.
  • #8,640
  • Sep 3, 2023 7:48pm Sep 3, 2023 7:48pm
Quoting jameboy9864
I've conducted backtesting on various timeframes, including M15, H1, and H4, using a single timeframe for analysis, and the results have been consistently positive. Furthermore, I've experimented with using H4 as a filter and M15 as an entry, and this combination has also shown promising performance. I must admit, I find myself in an unusual situation where all the timeframes seem to be working well. This has left me feeling a bit perplexed, as I'm unsure which timeframe is the most suitable for my trading strategy. It's a pleasant dilemma to have,...
Which pairs did you use?
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