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Trading Made Simple(r)

  • #10,241
  • Apr 12, 2025 4:40am Apr 12, 2025 4:40am
Quoting RobinHood
{quote} If I only make a dollar on a trade, I put it in the WIN column. If I lose only a dollar, I must put that into the LOSE column, so yes it's just a mental thing for me. As far as R:R goes, I too have tested which is best and the answer depends on a LOT of variables. Meaning, based on my computerized back testing, there is no one best R:R. The best that I have come up with is to always trade in multiple of 3's. Such as: 300 shares of stocks. The first 100 you exit at 1:1, move the other 200 shares of stock to Breakeven, exit the second 100...
Hi Robinhood,
I noticed that when I place a stop order during market hours, it remains active during pre-market and after-hours sessions as well.
Should I keep these stops permanently, or should I rewrite them every day when the market opens, meaning should I delete them during pre-market and after hours sesions ?
  • #10,242
  • Edited 6:49am Apr 13, 2025 6:36am | Edited 6:49am
GBPUSD prophecy
H4 hit Supply zone
H1 Crab Pattern
M15 close to pullback to mini Supply zone
waiting for TSMr bearish setup in M15
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  • #10,243
  • Apr 15, 2025 8:19am Apr 15, 2025 8:19am
Sometimes you can trade the news. Really though I guess I mean the Volume from the news.
Ive heard the major institutions have some major high frequency algos that react within milliseconds of news realeases.
I guess it wont work all the time, what does?
But with a giant spike in volume at 8:30:01 I assumed price would trend that way for a bit.
Played out nicely. Got in at the bottom.
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Trying to learn how to learn how to teach a robot how to learn
  • #10,244
  • Apr 15, 2025 2:39pm Apr 15, 2025 2:39pm
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Trend Follow. Structure follow. Indicators Entry timing.
  • #10,245
  • Apr 15, 2025 8:21pm Apr 15, 2025 8:21pm
Did I miss something?
Where Robinhood?
Where rose-arm?

They must have hit it rich and bounced. Hahaha
Trying to learn how to learn how to teach a robot how to learn
  • #10,246
  • Apr 15, 2025 8:22pm Apr 15, 2025 8:22pm
Quoting MaDxPT
{image} {image} Trend Follow. Structure follow. Indicators Entry timing.
Very nice work. Along with patience!!!
Those charts would have killed my goal of only a few trades a day lol
Trying to learn how to learn how to teach a robot how to learn
  • #10,247
  • Apr 17, 2025 8:33am Apr 17, 2025 8:33am
Hello everyone!
First post on FF

I’ve finally finished reading this entire thread, and I’d like to start by giving a huge thanks to you RH!
It’s been an incredibly enlightening read — the method(s) is really solid. Hands down the best content I’ve found online so far.
I also want to thank all the contributors who’ve kept this thread active, respectful, and truly inspiring.

I’ve been learning to trade for a little over a year now alongside my full-time job. I’ve tested a few techniques, but this one really helped me level up — or at least it feels that way!
After blowing two small accounts in the very beginning (you know, when you’re thinking “this game is easy, I’ve got it, I know myself, and I’ve already succeeded at other things…”), I stopped trading live. Since then, I’ve only been studying, paper trading, and analyzing my trades for over six months now.
After reading about half of this thread and successfully completing two free FTMO trial challenges, I finally gave a real one a shot. I passed the first step (10%) but unfortunately failed the second (5%).
I think I got a bit overconfident and let some old habits creep back in. In short, I didn’t stick to the strategy, chased losses, and made all the classic mistakes we’re supposed to avoid in trading. Man, the psycological aspect of it IS really the hardest.

If it's okay with you, I’d love to start posting some trades here, maybe document my next challenge attempt using this method to get your feedback.

The first one is just a screenshot of the template I created on MT5. It’s largely inspired by Roscearm’s setup (thank you for that!), with a few additions like the 21/55/200 EMAs to help with continuation trades and to serve as a sort of roadmap. I also tried to replicate the RSO in the lower window.
Any feedback on the template is more than welcome!

Sorry for the long post — and again, a big thank you to all of you!

LittleJohn
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  • #10,248
  • Apr 17, 2025 11:00am Apr 17, 2025 11:00am
Same setup. Different day.

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  • #10,249
  • Apr 17, 2025 11:31am Apr 17, 2025 11:31am
Quoting LittleJohn25
Hello everyone! First post on FF I’ve finally finished reading this entire thread, and I’d like to start by giving a huge thanks to you RH! It’s been an incredibly enlightening read — the method(s) is really solid. Hands down the best content I’ve found online so far. I also want to thank all the contributors who’ve kept this thread active, respectful, and truly inspiring. I’ve been learning to trade for a little over a year now alongside my full-time job. I’ve tested a few techniques, but this one really helped me level up — or at...
Fantastic mindset! Keep them coming! Good luck!
Trying to learn how to learn how to teach a robot how to learn
  • #10,250
  • Apr 18, 2025 5:10am Apr 18, 2025 5:10am
Quoting Webb1003
Did I miss something? Where Robinhood? Where rose-arm? They must have hit it rich and bounced. Hahaha
I am here. Doing my usual thing with the trades and checking the site on and off.
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Find a strategy that works consistently and then trading becomes easy.
  • #10,251
  • Apr 18, 2025 5:46am Apr 18, 2025 5:46am
Quoting LittleJohn25
Hello everyone! First post on FF I’ve finally finished reading this entire thread, and I’d like to start by giving a huge thanks to you RH! It’s been an incredibly enlightening read — the method(s) is really solid. Hands down the best content I’ve found online so far. I also want to thank all the contributors who’ve kept this thread active, respectful, and truly inspiring. I’ve been learning to trade for a little over a year now alongside my full-time job. I’ve tested a few techniques, but this one really helped me level up — or at...
This is absolutely mind blowing. Keep the chart coming
  • #10,252
  • Edited 12:32pm Apr 18, 2025 12:16pm | Edited 12:32pm
I'm new to forex factory, but not new to trading. I have a strategy that I would like to have made into an EA. I just run it threw Grock and here is the summery.

Just need someone to program it into MT4 and we will both have the strategy, If interested and can do the job please contact me.
{ email address deleted by staff }





Expected Performance with Updates

  1. Trades per Day:

    1. 4–5 pairs: 5–10 trades/day (1–2 per pair, reduced by spread limit and news filter).
    2. News filter (e.g., 2–3 high-impact events/week) skips ~10–20% of trades.
    3. 5-pip spread limit skips ~5–10% of trades (e.g., Asian session for AUD/USD).


  2. Win/Loss Rate:

    1. 60–70% win rate (40–50% full wins, 10–20% partial), 20–30% loss rate, 5–10% break-even.
    2. News filter improves win rate by ~5% (avoiding false signals), potentially 65–70%.
    3. Spread limit ensures low-cost entries, maintaining 20-pip target hit rate (~80%).


  3. Daily Gain:

    1. 0.5–1.5% net (average 1%), consistent with backtest (0.5%/day for 3 pairs).
    2. 5 pairs increase potential to 0.75–2% if win rate holds, but costs (spreads, commissions) may lower to 0.7–1.8%.


  4. Profit Range (from prior analysis, adjusted for 5 pairs):

    1. 1 Year: $25,000–$400,000 (250–4,000% return, ~0.7–1.2% daily).
    2. 2 Years: $100,000–$3,000,000 (1,000–30,000% return, ~0.6–1.1% daily).
    3. 5 Years: $750,000–$25,000,000 (7,500–250,000% return, ~0.5–0.9% daily).
    4. Note: Upper bounds assume minimal withdrawals and perfect execution. Realistic range: $25,000–$1M (Year 1–5) with 50% annual withdrawals.


Final Answer
Your strategy can be built into an MT4 EA with a news filter (30-minute buffer for high-impact events) and a 5-pip spread limit, supporting 4–5 currency pairs (e.g., EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD). Trading more than three pairs is not unwise for 4–5 pairs, as it increases trades (5–10/day) and diversifies risk, but exceeding 5 pairs risks correlation, execution delays, and higher costs unless you have a $50,000+ account. The updated MQL4 code includes multi-pair logic, spread checks, and a basic news filter (replace with FFCal or CSV for functionality).
Steps to Proceed:

  1. Get SMI Indicator: Download from MQL5 or code it ($20–$50).
  2. Hire a Programmer: Use MQL5 Jobs or Upwork ($100–$300) to implement the EA with FFCal news filter, 5-pip spread limit, and 4–5 pair support.

  • #10,253
  • Apr 18, 2025 12:42pm Apr 18, 2025 12:42pm
Quoting DLCrouse
I'm new to forex factory, but not new to trading. I have a strategy that I would like to have made into an EA. I just run it threw Grock and here is the summery. Just need someone to program it into MT4 and we will both have the strategy, If interested and can do the job please contact me. { email address deleted by staff } Expected Performance with Updates Trades per Day: 4–5 pairs: 5–10 trades/day (1–2 per pair, reduced by spread limit and news filter). News filter (e.g., 2–3 high-impact events/week) skips ~10–20% of trades. 5-pip spread limit...
How come your posting that in this thread though..... Lol something seems fishy?
You should have thrown in a free cruise to really spice up the deal.
Trying to learn how to learn how to teach a robot how to learn
  • #10,254
  • Apr 18, 2025 12:51pm Apr 18, 2025 12:51pm
Quoting Webb1003
{quote} How come your posting that in this thread though..... Lol something seems fishy? You should have thrown in a free cruise to really spice up the deal.
And written by chatgbt... lol
  • #10,255
  • Apr 22, 2025 9:38pm Apr 22, 2025 9:38pm
This thread is pretty much dead. Lets try and revive it.

My question to all those who have visited this thread and method recently, do you not have any questions or inputs? No analysis, no charts, no discussion?

I see people commenting on stuff that is not as simple and straight forward as the method that RH has given us but it looks like not many people like Keeping It Simple Stupid.
Find a strategy that works consistently and then trading becomes easy.
  • #10,256
  • Apr 23, 2025 3:08am Apr 23, 2025 3:08am
Quoting Roscearm
This thread is pretty much dead. Lets try and revive it. My question to all those who have visited this thread and method recently, do you not have any questions or inputs? No analysis, no charts, no discussion? I see people commenting on stuff that is not as simple and straight forward as the method that RH has given us but it looks like not many people like Keeping It Simple Stupid.
Yeahh
Here is a trade I just took
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  • #10,257
  • Apr 23, 2025 5:47am Apr 23, 2025 5:47am
My input is that I still am using this method. I've been slowely growing my topstep evaluation stage using this method. I've added in an indicator that paints the candles a different color depending on their distance from some EMAs. Gives me a little extra confluence. I work 8 hours a day so I don't have time to watch the charts all the time. That extra confluence gives me a way to break my trades up.

I love this method. It's very simple. Straight forward. It's no holy grail, still alot to learn just in the sense of the market itself. But once you start to figure it out you see the benefits!
I'd highly encourage anyone to continue to work with this method!
Trying to learn how to learn how to teach a robot how to learn
  • #10,258
  • Apr 23, 2025 6:36am Apr 23, 2025 6:36am
2 successful NAS longs for me today.

Same old template, same old method and same old winning streak.
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Find a strategy that works consistently and then trading becomes easy.
  • #10,259
  • Apr 23, 2025 7:03am Apr 23, 2025 7:03am
I love the simplicity of this method, but decided to ditch it after a bit of testing as I cannot seem to get the high win rate I would like. I have another method that works with over 90% win rate, but with only 1:1 (Risk:Reward) and a little more analysis, so decided to stick with that one for now.
I think Roscearm has hit the sweet spot with this method.
  • #10,260
  • Apr 23, 2025 9:21am Apr 23, 2025 9:21am
Quoting TraderInTune
I love the simplicity of this method, but decided to ditch it after a bit of testing as I cannot seem to get the high win rate I would like. I have another method that works with over 90% win rate, but with only 1:1 (Risk:Reward) and a little more analysis, so decided to stick with that one for now. I think Roscearm has hit the sweet spot with this method.

You've got a 90% WR, 1:1 system and you are looking for other systems?
How many set ups do you find a day?
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