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Trading Made Simple(r)

  • #9,941
  • Mar 10, 2025 10:34am Mar 10, 2025 10:34am
Quoting RobinHood
{quote} I would say it's probably 1.5:1 2nd would be 1:1 3rd would be 2:1 Or vice-versa on the 2nd and 3rd. But that's just my educated guess.
Here , on demo account, 4 trades based on RH principles. Each trade was 1:1.
Nasdaq on the 1 Minute Chart.
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  • #9,942
  • Mar 10, 2025 10:59am Mar 10, 2025 10:59am
Quoting RobinHood
{quote}
Do u prefer the 5emas continuation method over the one on page 1? Cheers.
  • #9,943
  • Mar 10, 2025 11:05am Mar 10, 2025 11:05am
Hey everybody!

I am so happy that i found this great thread and im really enjoying learning this strategy and reading through the posts.

Today i attempted a crossover trade on NAS100 but it unfortunately didnt work out - could any of you give me some advice on what i could have done better?

The market has been on a downtrend pretty much all day long - at 11:30 the HMA line (black line) crossed above the EMA and the RSI and STOCH were both showing me signs of an uptrend.
I took a long trade and put the SL at the low of the previous 2 candles.

What could i have done better? Not take a long trade during a downtrend day or maybe wait for the RSI to really cross above the 50 line?

Thank you!
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  • #9,944
  • Mar 10, 2025 11:13am Mar 10, 2025 11:13am
Quoting Seno.sdzk
Hey everybody! I am so happy that i found this great thread and im really enjoying learning this strategy and reading through the posts. Today i attempted a crossover trade on NAS100 but it unfortunately didnt work out - could any of you give me some advice on what i could have done better? The market has been on a downtrend pretty much all day long - at 11:30 the HMA line (black line) crossed above the EMA and the RSI and STOCH were both showing me signs of an uptrend. I took a long trade and put the SL at the low of the previous 2 candles. What...
I am no expert but trading against trend u need good confirmation. Rsi didnt even cross 50 to start with, wich is crucial more than the stochs from my experience. Also make sure u have confirmation from the next bigger timeframe ur trading on.
  • #9,945
  • Mar 10, 2025 11:16am Mar 10, 2025 11:16am
Quoting MaDxPT
{quote} Do u prefer the 5emas continuation method over the one on page 1? Cheers.
That's like asking someone who their favorite child is...lol! Because, I have many, many children in trading.
Always a Student, Never a Master - Emulate What Works
  • #9,946
  • Mar 10, 2025 11:21am Mar 10, 2025 11:21am
Quoting Seno.sdzk
Hey everybody! I am so happy that i found this great thread and im really enjoying learning this strategy and reading through the posts. Today i attempted a crossover trade on NAS100 but it unfortunately didnt work out - could any of you give me some advice on what i could have done better? The market has been on a downtrend pretty much all day long - at 11:30 the HMA line (black line) crossed above the EMA and the RSI and STOCH were both showing me signs of an uptrend. I took a long trade and put the SL at the low of the previous 2 candles. What...
You should have checked one or two time frames higher, because if you had of, you most likely would not have taken a long trade. PLUS, the RSI was below 50. You shouldn't go Long when the RSI is below 50.
Always a Student, Never a Master - Emulate What Works
  • #9,947
  • Mar 10, 2025 11:31am Mar 10, 2025 11:31am
Quoting Seno.sdzk
Hey everybody! I am so happy that i found this great thread and im really enjoying learning this strategy and reading through the posts. Today i attempted a crossover trade on NAS100 but it unfortunately didnt work out - could any of you give me some advice on what i could have done better? The market has been on a downtrend pretty much all day long - at 11:30 the HMA line (black line) crossed above the EMA and the RSI and STOCH were both showing me signs of an uptrend. I took a long trade and put the SL at the low of the previous 2 candles. What...
The market has been on a downtrend pretty much all day long


So you decided to go long...
Go with the flow... its a lot easier than going against it.
  • #9,948
  • Mar 10, 2025 12:28pm Mar 10, 2025 12:28pm
Quoting Seno.sdzk
Hey everybody! I am so happy that i found this great thread and im really enjoying learning this strategy and reading through the posts. Today i attempted a crossover trade on NAS100 but it unfortunately didnt work out - could any of you give me some advice on what i could have done better? The market has been on a downtrend pretty much all day long - at 11:30 the HMA line (black line) crossed above the EMA and the RSI and STOCH were both showing me signs of an uptrend. I took a long trade and put the SL at the low of the previous 2 candles. What...
You should also consider market structure, especially if you ponder a counter-trade (a retracement of a bigger trend)
  • #9,949
  • Mar 10, 2025 12:30pm Mar 10, 2025 12:30pm
I have tried without much success here to stress how important the RSO indicator is to me and why you should incorporate it into your trading by placing it on EVERY chart, no matter what you are trading, which template you are using, or which time frame you are trading - Forex, Stocks, Cryptos, Futures, etc.

Over the course of the last year or two I have come to realize just how powerful the RSO (RobinHood Stochastics Oscillator) is, so that's why I am now stressing the importance of it again, but even more.

So, as they say: "A Picture is Worth a Thousand Words"
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Always a Student, Never a Master - Emulate What Works
  • #9,950
  • Mar 10, 2025 1:18pm Mar 10, 2025 1:18pm
Quoting RobinHood
I have tried without much success here to stress how important the RSO indicator is to me and why you should incorporate it into your trading by placing it on EVERY chart, no matter what you are trading, which template you are using, or which time frame you are trading - Forex, Stocks, Cryptos, Futures, etc. Over the course of the last year or two I have come to realize just how powerful the RSO (RobinHood Stochastics Oscillator) is, so that's why I am now stressing the importance of it again, but even more. So, as they say: "A Picture is Worth...
Gonna have to code this on TV somehow unless one is already coded and in the files on this thread somewhere. I'll do some digging and see what I can find. If not, gonna have to employ some copilot (better at coding pinescript) to help me get this RHO
Trying to learn how to learn how to teach a robot how to learn
  • #9,951
  • Mar 10, 2025 1:41pm Mar 10, 2025 1:41pm
Quoting Webb1003
{quote} Gonna have to code this on TV somehow unless one is already coded and in the files on this thread somewhere. I'll do some digging and see what I can find. If not, gonna have to employ some copilot (better at coding pinescript) to help me get this RHO
pretty sure just 2 stochs, I believe RHO wrote it here even recently.

12-3-3
55-3-3

something like that!
  • #9,952
  • Mar 10, 2025 1:47pm Mar 10, 2025 1:47pm
Quoting CogAlpha
{quote} pretty sure just 2 stochs, I believe RHO wrote it here even recently. 12-3-3 55-3-3 something like that!
oh, ive got that template on TV, but its 14-3-3, 8-3-3, and rsi 8

maybe ill have a go and update them digits
Trying to learn how to learn how to teach a robot how to learn
  • #9,953
  • Mar 10, 2025 1:57pm Mar 10, 2025 1:57pm
Quoting Webb1003
{quote} Gonna have to code this on TV somehow unless one is already coded and in the files on this thread somewhere. I'll do some digging and see what I can find. If not, gonna have to employ some copilot (better at coding pinescript) to help me get this RHO
It's very easy to do on TradingView.

You just add 2 Stochastics to the chart. Then right click on the lowest Stochastic and choose "Move to" then "Existing Pane Above". Then change all of the settings.

One Stochastic should be 12-3-3 and the other 55-12-3 - %D line only. Then make it mimic the image below. (There is nothing special about these settings, they just happen to be some of the ones that I like to use).
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Always a Student, Never a Master - Emulate What Works
  • #9,954
  • Mar 10, 2025 2:18pm Mar 10, 2025 2:18pm
Quoting RobinHood
{quote} It's very easy to do on TradingView. You just add 2 Stochastics to the chart. Then right click on the lowest Stochastic and choose "Move to" then "Existing Pane Above". Then change all of the settings. One Stochastic should be 12-3-3 and the other 55-12-3 - %D line only. Then make it mimic the image below. (There is nothing special about these settings, they just happen to be some of the ones that I like to use). {image}
Not sure how many times I've said thank you RH in this thread, either way Ill add another; Thank you RH!!
Trying to learn how to learn how to teach a robot how to learn
  • #9,955
  • Mar 10, 2025 2:21pm Mar 10, 2025 2:21pm
Quoting Roscearm
GOLD Win +2R. Actually I forgot to set the TP and SL on this. It did hit TP, but not sure if I need to count it for the scorecard. It is still running on floating profit, so I will let it run to hit either TP or SL. I will probably ignore this trade from the scorecard. Not counting it. {image}
Now, this one ended up hitting TP without hitting SL.

I can now count this for the scorecard. I also had another TP of 2R on Gold. That's 2 more wins.
3rd one is in progress.

Scorecard:
Wins: 51
Loss: 16
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Find a strategy that works consistently and then trading becomes easy.
  • #9,956
  • Mar 10, 2025 2:22pm Mar 10, 2025 2:22pm
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Gonna have to mess with this to clean it up a bit lol
Trying to learn how to learn how to teach a robot how to learn
  • #9,957
  • Mar 10, 2025 2:26pm Mar 10, 2025 2:26pm
Quoting Webb1003
{image} Gonna have to mess with this to clean it up a bit lol
From the looks of it, you are using the wrong Stochastics. I use this one:
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Always a Student, Never a Master - Emulate What Works
  • #9,958
  • Mar 10, 2025 2:48pm Mar 10, 2025 2:48pm
Quoting RobinHood
{quote} It's very easy to do on TradingView. You just add 2 Stochastics to the chart. Then right click on the lowest Stochastic and choose "Move to" then "Existing Pane Above". Then change all of the settings. One Stochastic should be 12-3-3 and the other 55-12-3 - %D line only. Then make it mimic the image below. (There is nothing special about these settings, they just happen to be some of the ones that I like to use). {image}
Hi RH, can you tell me %D line is 12 or 3 in 55 12 3? thanks.
  • #9,959
  • Edited 4:11pm Mar 10, 2025 2:53pm | Edited 4:11pm
Quoting RobinHood
{quote} From the looks of it, you are using the wrong Stochastics. I use this one: {image}
You can use this new template, which incorporates the 6 EMAs and 2 Stochs that RH uses. Sample is shown below on GOLD

RH, please validate if the lines are showing as expected.

6 EMAs and 2 Stochs template: https://www.tradingview.com/chart/uphN5cv3/

Stoch values are:

Stoch 1 - 12,3,3
Stoch 2 - 55,12,3

use only %D line for plotting and untick %K line

Please let me know if anyone has any issues with the template.

Thanks for your guidance and assistance RH.
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Find a strategy that works consistently and then trading becomes easy.
  • #9,960
  • Mar 10, 2025 3:02pm Mar 10, 2025 3:02pm
Quoting Dezzz
{quote} Hi RH, can you tell me %D line is 12 or 3 in 55 12 3? thanks.
Different trading platforms tell you in different ways. BUT %D is this one in bold: 12-3-3 and 55-12-3. The image below is from TradingView.
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Always a Student, Never a Master - Emulate What Works
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