Trading Made Simple(r)

XAUUSD M30 two trades

@emmanule7788

I read the post where you gave us instructions on using ATR, but I still haven't figured out how to use it. Could you help me understand how to use it in my trading decisions? RobinHood, I hope you don't mind if I ask emmanuel7788 in your 3D.

go to the TMS thread i will show you some things.

GBPAUD H4, bearish pin bar on the daily chart
See post 10 915.

gold breakout?

Yes, gold breakout

thanks. link?
wich post n?

here

Thank you so much. I have a lot to study. There are only fantastic people in this 3D. Thanks again.

Price Action Gold Live Stream Trading

Gambling with 300 USD as StartBalance

My eyes cant deal with all that at once.
So blurred out....just a multi-coloured mess

in android phone like this

I came up with an interesting idea today that others here may also be interested in.

Currently, I mostly only trade stocks, and all stock trading platforms that I know of allow you to have "pre-populated" and/or "custom" watchlists. The TradingView trading platform will also allow you to do this for the Forex pairs.

For those of that don't know what a watchlist is, it's a "window" that contains a list of different instruments that you want "watch".

I have adopted a new trading rule that I try my best to adhere to, and that's to only enter Long trades when the Blue line in the RSO is above 55 and I only enter Short trades when the Blue line is below the 45.

So I wrote some code that tells me when that is happening on a particular instrument that is on my watchlist - and it shows it to me by way of a green checkmark.

The problem that arose was that it showed me way too many stocks that met my criteria - as in the Blue line being above the RSO 55 or below the RSO 45, so I changed the settings in the code to be: the Blue line being above the RSO 70 or below the RSO 30.

Then I placed that particular code into the watchlist 6 different time frames, all side-by-side, which are the: Monthly, Weekly, Daily, 1 Hr., 15 min., and the 5 min. timeframes.

By doing this, I can sort the code to tell me when the Blue line is above the 70 or below the 30 - on all 6 time frames, all at the same time.

My premise being that if all 6 time frames all have green check marks - all at the same time, then that stock is DEFINITELY in a STRONG trend and I should open a new trade in that direction. Will the trend always continue when I enter a new trade by entering this way? Who knows? But it seems to me like a pretty smart way to enter new trades. In the future, I will refer this as being a "Hexagon Entry" for easy reference.

On the chart below, to the far right, is code I also wrote to tell me that a stock is "potentially" at the beginning of a possible "Continuation Trade". And, I also placed a 3 ema (yellow line) and the 21 EMA RoadMap on the chart. When using this particular template, I will only enter a trade when a stock meets all of my criteria all at the same time - which is:

1. 3 ema is > the RoadMap.

2. The RSO Blue line is > than 70 on all 6 time frames which are the: Monthly, Weekly, Daily, 1 Hr., 15 min., and the 5 min.

3. I have a green checkmark that is alerting me to the possibility of a Continuation Trade setting up.

4. The RSO is at an angle that is clearly pointing UP for Long trades or DOWN for Short trades.

Here is an example of what I am describing:

i was wondering what were you cooking because i didn't see you here in the last couple of days

I placed "Darwati" on "Ignore" for 3 reasons.

1. What he posted "really" hurt my eyes.

2. What he posted has nothing related to this thread...other than he showed some trading charts.

3. I feel that he is really only posting here as a way to promote his YouTube channel since he placed a link to it at the bottom of both posts he made here AND he is asking people here to "please subscribe" to it.

Understand that I could have just had his posts deleted, but that would not stop him from making more similar posts, therefore, I had no choice but to place him on ignore.

Hi RobinHood,

Another new simple idea! Tomorrow I'll work on making a Dashboard for MT4, starting with the RSO part. Thanks again for your many ongoing contributions.

Hey everyone,

hope you guys are doing well.

Just wanted to provide the update now that we have completed August. Below are the stats from Jan to Aug.

I know few of you will have similar questions to last time, so please revisit all my previous posts and screenshots. I haven't changed anything from what i have posted already.

All credits go to RH and his simple trading strategy. I cant thank him enough.

Hello,
Here's a first version of an indicator that follows the logic of the RH MTF RSO. It includes an alert system that I haven't tested yet, but it's already quite visual.
If you're interested, we'll work on its development.
At the same time, I'll create a dashboard.

Example today with the EURUSD and GBPJPY pairs.

EURUSD

GBPJPY

if with capital 100,000usd then your profit will be around 10-50%/month
a number that makes me dream. congratulations.
you bet on all 28 currency pairs right?

[quote=RobinHood;15372705]I came up with an interesting idea today that others here may also be interested in.

Hi David,
I like what you have done here, as a matter of interest did you do that in TC 2000???

I remember you can code however I never learnt that skill, albeit I still have the program, will you allow others to use the watchlist, or must we create our own because it certainly looks good and would like to have it

I may have to request a few lessons on coding Wordens TC2000, anyway mate nice to touch base again, hope the girlfriend has been enjoying the trips to the Casino :-) coldn't let that one slip by.

OK happy trading, and thanks for all you do for everyone.
Ben