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Trading Made Simple(r)

  • #8,801
  • May 25, 2024 2:46am May 25, 2024 2:46am
Quoting RobinHood
...This was their first attempt at using it today trade 2 Forex pairs and they sent me a screenshot of their results...
Just from the screenshot one can't know which signals were followed.

Unfortunately I'm not an active trader and can only make a comparison with what I could have traded with the Golden-Cross idea...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD.rM15.png Size: 24 KB
Click to Enlarge Name: EURUSD.r-Trades.png Size: 7 KB
  • #8,802
  • May 25, 2024 3:53am May 25, 2024 3:53am
Quoting RobinHood
After creating a chart with FOUR "RHO Pro 4" on it yesterday, just like trade1969 did just above, I came up with using only 2, ironically enough, the same 2 that SwingMan presented on his chart. After comparing all 4, those 2 looked the best together to me, because let's face it, it's not that much difference between a ema and a SMA which is what the other two are. I am using the LWMA and the SMMA and they are quite different. It took me 4 hours to create exactly what you see on the chart below. You only go Long when all 3 bars in the 3 lower windows...
this is what I get after loading the template. The triple threats refer to the three oscillators?
What are the settings?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshooter.png Size: 13 KB
  • #8,803
  • May 25, 2024 4:04am May 25, 2024 4:04am
Quoting SwingMan
{quote} Just from the screenshot one can't know which signals were followed. Unfortunately I'm not an active trader and can only make a comparison with what I could have traded with the Golden-Cross idea... {image} {image}
You are doing a great job. I wish you could code in mt5 too.
  • #8,804
  • May 25, 2024 4:48am May 25, 2024 4:48am
Quoting nanacarter
...this is what I get after loading the template. The triple threats refer to the three oscillators? What are the settings?
Because I see that three moving averages are used, here I have posted some indicators for Dave Landry's system:
https://www.forexfactory.com/thread/...1#post13398591
  • #8,805
  • May 25, 2024 5:42am May 25, 2024 5:42am
Quoting nanacarter
{quote} this is what I get after loading the template. The triple threats refer to the three oscillators? What are the settings? {image}
they didn't load because you didn't had the indicators: smTMMS and RH pro 4 (they have been shared are on the previous pages) in the indicators folder (can't be in a subfolder, or you'll have to edit the .tpl)
  • #8,806
  • May 25, 2024 6:20am May 25, 2024 6:20am
Quoting nanacarter
{quote} this is what I get after loading the template. The triple threats refer to the three oscillators? What are the settings? {image}
Attached File(s)
File Type: mq4 RHO-Pro-4.mq4   15 KB | 637 downloads

Attached File(s)
File Type: ex4 smTMMS Oscillator_v7.2.ex4   41 KB | 510 downloads

Attached File(s)
File Type: tpl RHO Pro 4 - Triple Threat.tpl   8 KB | 518 downloads
  • #8,807
  • May 25, 2024 6:49am May 25, 2024 6:49am
Quoting SwingMan
{quote} Just from the screenshot one can't know which signals were followed. Unfortunately I'm not an active trader and can only make a comparison with what I could have traded with the Golden-Cross idea... {image} {image}
Would you be ok to provide a template and indicators for this setup?
  • #8,808
  • May 25, 2024 7:23am May 25, 2024 7:23am
Quoting nanacarter
{quote} this is what I get after loading the template. The triple threats refer to the three oscillators? What are the settings? {image}
It is working now. Thanks to you all
  • #8,809
  • May 25, 2024 9:48am May 25, 2024 9:48am
Quoting whiteso
{quote} Would you be ok to provide a template and indicators for this setup?
see post #8794

https://www.forexfactory.com/thread/...ng-idea?page=9
  • #8,810
  • May 25, 2024 3:13pm May 25, 2024 3:13pm
Quoting RobinHood
After creating a chart with FOUR "RHO Pro 4" on it yesterday, just like trade1969 did just above, I came up with using only 2, ironically enough, the same 2 that SwingMan presented on his chart. After comparing all 4, those 2 looked the best together to me, because let's face it, it's not that much difference between a ema and a SMA which is what the other two are. I am using the LWMA and the SMMA and they are quite different. It took me 4 hours to create exactly what you see on the chart below. You only go Long when all 3 bars in the 3 lower windows...
Amazing work RH It produces excellent results οn the daily chart which I tested.
  • #8,811
  • May 25, 2024 4:52pm May 25, 2024 4:52pm
Quoting SwingMan
New version RHO-Pro-5 {file} {quote} Maybe you need other hours to test version 5 now... I also tried to reproduce your template with arrows, maybe it worked. {image} In version RHO-Pro-5 I programmed alerts when the arrows appear, please test, you can turn them on and off. Important note (try to understand): There is now a new parameter: KeepFirst_ArrowSignal = true/false; In the RHO indicator, the MACD line can cross the zero line several times until a bar is drawn to the end, and an arrow can appear and then disappear. This gives the impression...
I tend to read all of the new posts first and then I go back after I am done and respond. When I first read this post, all that you said didn't really sink in. I just reread it and I really appreciate the changes/improvements you have made to improve the RHO...now numerous times. I truly owe you a debt of gratitude, as do many, many others here!
Always a Student, Never a Master - Emulate What Works
  • #8,812
  • Edited 7:59pm May 25, 2024 5:07pm | Edited 7:59pm
Quoting trade1969
{quote} Amazing work RH It produces excellent results οn the daily chart which I tested.
Thank you! I have a 19 year old daughter who has watched me trade practically since she born as my trading monitors were always in a place where she had to see them every time she went into her bedroom.

She will be a sophomore in college this year and she asked me last year to teach her how to trade (for the first time ever) so she could make some money while in college and I told her no, not yet but I didn't tell her exactly why. She doesn't know it now, but I am going to teach her how to trade AFTER she gets her degree. I don't want to teach her before that because I want her to graduate first. What I am really happy about is that this Triple Threat will make her learning curve WAY easier. And I hope it also does for many others.
Always a Student, Never a Master - Emulate What Works
  • #8,813
  • May 25, 2024 7:25pm May 25, 2024 7:25pm
Hey I would love to connect with have seen a couple posts of yours. Curious about your trading style. ICT trader here.
  • #8,814
  • May 26, 2024 1:09am May 26, 2024 1:09am
Quoting RobinHood
{quote} Thank you! I have a 19 year old daughter who has watched me trade practically since she born as my trading monitors were always in a place where she had to see them every time she went into her bedroom. She will be a sophomore in college this year and she asked me last year to teach her how to trade (for the first time ever) so she could make some money while in college and I told her no, not yet but I didn't tell her exactly why. She doesn't know it now, but I am going to teach her how to trade AFTER she gets her degree. I don't want to...
So, I can say that we are in the same path.I do the same with my 18 year old older son.C'est la vie.
  • #8,815
  • May 26, 2024 4:40am May 26, 2024 4:40am
Quoting SM500
Hey I would love to connect with have seen a couple posts of yours. Curious about your trading style. ICT trader here.
I am not sure who you are talking to? Whoever it is, I would send them a private message.
Always a Student, Never a Master - Emulate What Works
  • #8,816
  • May 26, 2024 7:00pm May 26, 2024 7:00pm
Hi Robinwood,

Thanks for your effort and helping to the community. Just wondering is the same setting for the stocks as well?

Thanks


Quoting RobinHood
After creating a chart with FOUR "RHO Pro 4" on it yesterday, just like trade1969 did just above, I came up with using only 2, ironically enough, the same 2 that SwingMan presented on his chart. After comparing all 4, those 2 looked the best together to me, because let's face it, it's not that much difference between a ema and a SMA which is what the other two are. I am using the LWMA and the SMMA and they are quite different. It took me 4 hours to create exactly what you see on the chart below. You only go Long when all 3 bars in the 3 lower windows...
  • #8,817
  • May 26, 2024 8:20pm May 26, 2024 8:20pm
Quoting smartvin
Hi Robinwood, Thanks for your effort and helping to the community. Just wondering is the same setting for the stocks as well? Thanks {quote}
Yes
Always a Student, Never a Master - Emulate What Works
  • #8,818
  • May 27, 2024 10:24am May 27, 2024 10:24am
Quoting SwingMan
New version RHO-Pro-5 {file} {quote} Maybe you need other hours to test version 5 now... I also tried to reproduce your template with arrows, maybe it worked. {image} In version RHO-Pro-5 I programmed alerts when the arrows appear, please test, you can turn them on and off. Important note (try to understand): There is now a new parameter: KeepFirst_ArrowSignal = true/false; In the RHO indicator, the MACD line can cross the zero line several times until a bar is drawn to the end, and an arrow can appear and then disappear. This gives the impression...
hi, i have on doubt, if you choose fast and slow line aren't the arrows the other way around?
Attached Image (click to enlarge)
Click to Enlarge Name: apagar.png Size: 12 KB
  • #8,819
  • May 27, 2024 10:44am May 27, 2024 10:44am
Attached Image (click to enlarge)
Click to Enlarge Name: ma.jpg Size: 97 KB

Attached File(s)
File Type: mq4 i-GentorLSMAoEMA_vh11_0_2.mq4   7 KB | 521 downloads
  • #8,820
  • Edited 3:33am May 28, 2024 3:22am | Edited 3:33am
New version RHO-Pro-6

Quoting Polimini
...hi, i have on doubt, if you choose fast and slow line aren't the arrows the other way around?
Your comment is correct!

I reacted too quickly when RobinHood set the slow line parameters to zero in his chart.
In this case the slow line crosses the zero line (Ma1/2 Periods = 0), and in the standard case it is the fast line that crosses the zero line.

Here is the corrected version.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.rH4-2.png Size: 20 KB
Attached File(s)
File Type: mq4 RHO-Pro-6.mq4   26 KB | 1,198 downloads
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