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

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Trading Made Simple(r)

  • #11,361
  • Jan 6, 2026 5:27pm Jan 6, 2026 5:27pm
In post 10,725, RH says "it can take a significant amount of chart viewing time to fully understand the RSO and its many nuances".

Here is one.

Check the image. There are 3 continuation trades on the M3 timeframe. The first two are profitable; the last one isn't. Why? Let’s look at what the 8-3-3 stochastic on the higher timeframe (M15) is doing at that moment (the 34-10-3 stochastic is hidden for better visibility):

-The 8-3-3 stoch is not following price. What is that called? (posts 9,464 and 9,963)
-The slope of the 8-3-3 stoch is downwards.
-The 8-3-3 stoch is at extreme levels (90 for bullish - 10 for bearish)

Do not blindly enter a continuation trade without checking the higher timeframe.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 73 KB
  • #11,362
  • Jan 7, 2026 9:36am Jan 7, 2026 9:36am
Victoria's Secret stocks.

Let's see what happens.
Attached Image (click to enlarge)
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  • #11,363
  • Jan 9, 2026 11:52am Jan 9, 2026 11:52am
Quoting tradertan
This mornings entry - GBPUSD The dark green and red lines are 50EMA and 100EMA, used for trend direction. Made about 500$ in a demo account risking only 1% at a time with ~700$ in positive on other trades. Thats not too bad considering it was just last night 10pm PST, 6AM PST and 10AM PST. I dont check the 2AM candle because I need my sleep {image} {image} {image}
Hi,
what are the settings for all the indicators. if you don't
mind kindly share it. Also i would like to know whether all of them can be use for 1 min scalping
  • #11,364
  • Edited 11:33am Jan 11, 2026 11:09am | Edited 11:33am
Quoting Webb1003
{quote} No other confirmation tools other than in my head. I don't mark support and resistance areas but they are clear on the chart when you zoom out. Depending on where price action currently is in relation to those imaginary lines definitely plays a part in trades. Wouldn't even be able to explain it really, But i do think about support and resistance. I still use the 50 line cross. but sometimes both the stochastics cross while the RSI starts to hook the opposite way(I wont take that trade) I like when all 3 are genuinely pointing in the right...

Hi Webb1003,
Could you tell me the name of the indicator on TradingView that consists of two stochastic indicators and one RSI?”
  • #11,365
  • Jan 16, 2026 11:30pm Jan 16, 2026 11:30pm
I would like to thank the thread author and all contributors for the work and ideas shared here!
I’ve tried to put together an MT5 template and attached it for anyone who might find it useful.
Attached File(s)
File Type: rar TMS(r) MT5.rar   158 KB | 273 downloads
  • #11,366
  • Jan 17, 2026 2:00pm Jan 17, 2026 2:00pm
Another great coder, kvak, has adapted smTMMS for MT5.
If you add his indicator to the MQL5\Indicators\TMS(r) folder and
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 390 KB
apply the template, you will get the same result as shown in the screenshot.
The chart may look overloaded with signals but it feels easier for me to match the oscillator with the current bar this way.
Attached File(s)
File Type: ex5 smTMMS.ex5   392 KB | 254 downloads
File Type: tpl TMS(r) 2.tpl   3.2 MB | 244 downloads
  • #11,367
  • Jan 17, 2026 10:22pm Jan 17, 2026 10:22pm
Quoting CogAlpha
I also just want to say.. amazing work on your System. I am currently trying to put most conditions into code. {image}
hey mate it’s a clean setup you have got. Admire it. Any chance you would consider sharing the template? Thank you
  • #11,368
  • Jan 18, 2026 12:38am Jan 18, 2026 12:38am
Quoting RobinHood
{quote} Thank you for the kind words. I created that indicator, and I named it the "RSO" (RobinHood Stochastics Indicator)
Now I finally see what RSI really means — Robinhood Strength Index
Just kidding.
  • #11,369
  • Jan 18, 2026 8:40pm Jan 18, 2026 8:40pm
Intraday:
Wins: 0
Loss: 1
Attached Image (click to enlarge)
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  • #11,370
  • Jan 19, 2026 1:38am Jan 19, 2026 1:38am
Quoting Dimkin
Intraday: Wins: 0 Loss: 1 {image}
Hi dear can you share this template in tradingview or parameters
  • #11,371
  • Edited 11:34am Jan 19, 2026 8:12am | Edited 11:34am
Unfortunately, this is a stripped-down version of TradingView, as many exchanges do.
I use the Roscearm template for scalping on the 5-minute timeframe:

  1. EMA 5 (shift 2)
  2. HMA 10
  3. HMA 78
  4. RSI 8 with EMA 21 smoothing
  5. Stochastic 8-3-3 and 14-3-3

If there were an option to use the full TradingView, I would recommend a very powerful indicator by a forum member called CogAlpha.
If I didn’t already have free email alerts from MetaTrader, I would subscribe to TradingView signals by watchlist and use his indicator for that purpose.

About the AVE trade — a stupid mistake

Intraday:
Wins: 0
Loss: 1
Swing trade:
Wins: 0
Loss: 1

Attached Image(s) (click to enlarge)
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  • #11,372
  • Jan 19, 2026 7:32pm Jan 19, 2026 7:32pm
Don’t blame me too much for the euro

Intraday:
Wins: 0
Loss: 9
Swing trade:
Wins: 0
Loss: 1
Attached Image(s) (click to enlarge)
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  • #11,373
  • Jan 20, 2026 3:32am Jan 20, 2026 3:32am
Gold scalping
Attached Image (click to enlarge)
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  • #11,374
  • Jan 20, 2026 10:02pm Jan 20, 2026 10:02pm
Intraday:
Wins: 0
Loss: 9
Swing trade:
Wins: 4
Loss: 1
Attached Image(s) (click to enlarge)
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  • #11,375
  • Jan 20, 2026 11:07pm Jan 20, 2026 11:07pm
Quoting Dimkin
Intraday: Wins: 0 Loss: 9 Swing trade: Wins: 4 Loss: 1 {image} {image} {image} {image}

intraday trading is very tough in current market conditions.
it is the smart money game at play everyday especially during the London and New York sessions .
in most cases trades don't survive the New York 0930 and 1130 volatility.
you have to pick tops and bottoms otherwise the market will take out all you small stop loss.
single entry and single exit trades will not make it.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #11,376
  • Jan 21, 2026 8:44am Jan 21, 2026 8:44am
Hey all.
Is there an explanation about choppy markets using this strategy?
Thanks
  • #11,377
  • Jan 21, 2026 10:54am Jan 21, 2026 10:54am
Quoting Art5
Hey all. Is there an explanation about choppy markets using this strategy? Thanks
yeah there is, RH introduced a new indicator called RSO (Robinhood stochastic oscillator)

post 8.751
  • #11,378
  • Jan 21, 2026 4:42pm Jan 21, 2026 4:42pm
Quoting StonebankS1
{quote} yeah there is, RH introduced a new indicator called RSO (Robinhood stochastic oscillator) post 8.751
Uhh... I think the RSO is better used in continuation, no?
I meant if Robin or another person use some indicator when the market is in range? Something to filter the trades when the market is more difficult to read...
  • #11,379
  • Jan 21, 2026 5:43pm Jan 21, 2026 5:43pm
Quoting Art5
{quote} Uhh... I think the RSO is better used in continuation, no? I meant if Robin or another person use some indicator when the market is in range? Something to filter the trades when the market is more difficult to read...
Hi Art5, just offering general opinion/advice and maybe someone else can be more specific with a system related answer.
For mine, if “ the market is difficult to read “, that is your indicator. Find a market that’s “easier to read”. Hope you don’t find my reply flippant.
Cheers
  • #11,380
  • Jan 21, 2026 6:00pm Jan 21, 2026 6:00pm
Quoting Art5
Hey all. Is there an explanation about choppy markets using this strategy? Thanks

these two charts in post#1 show choppy conditions.

take note of the timeframe

your Exit Strategy and how do you manage your trades after entries is an important factor

your Mental Strategy is key to success

Attached Image (click to enlarge)
Click to Enlarge Name: TMSr post#1 charts.png Size: 123 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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