a very bearish day for US stocks today (and yesterday as well)
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Trading Made Simple 151,865 replies
Trading Made Simple the right way, and other trading lessons 334 replies
Indicators for the 'Trading Made Simple' system 343 replies
MTF Indicators for the 'Trading Made Simple' system 241 replies
Trading Made Simple system follower - Thanks to eelfranz 9 replies
Disliked{quote} Hi Straasha, Thank you for your work and contribution! I understand you’re busy, but would it be possible to add the M30 timeframe to RH_RSO_MTF v0.6.ex4? When trading, we usually look at one higher TF, but according to RH it should be 4–5 times higher, so M30 might be more appropriate for M5. Regards,Ignored
DislikedHello Robinhood, I’ve completed the combined version—hope it helps! {file} {file}Ignored
DislikedI’m just curious has anyone actually traded this strategy successfully on low time frames? I feel like the system lacks some filters and confluence for lower timeframes but performs better on higher timeframes. I took allot of time going through Roscearms posts but no offense, I’ve been a little suspicious of his results lol. This is in NO WAY a jab to this trading system and I know this has helped many traders. I’ve been reading this thread off and on for ages. But I’m genuinely curious about low timeframe performance if anyone can chime in.Ignored
DislikedI’m just curious has anyone actually traded this strategy successfully on low time frames? I feel like the system lacks some filters and confluence for lower timeframes but performs better on higher timeframes. I took allot of time going through Roscearms posts but no offense, I’ve been a little suspicious of his results lol. This is in NO WAY a jab to this trading system and I know this has helped many traders. I’ve been reading this thread off and on for ages. But I’m genuinely curious about low timeframe performance if anyone can chime in.Ignored
Disliked{quote} Hi RH. after 8-10 hours or chart viewing time, is the blue line of the RSOR a "better" roadmap?Ignored
Disliked{quote} Actually, I use both at the same time on the same chart now. However, the settings for the "RoadMap" that I use varies depending on the instrument and the time frame that I am trading. For example, sometimes I use the 34 EMA to create the RoadMap, or sometimes I use the 18 or the 21. Or, I sometimes use something like this: *21 EMA, close 24 EMA, high 18 EMA, low * Or this: 13 EMA, close 21 EMA, close 34 EMA, close * Or this: 21 EMA, close 34 EMA, close 55 EMA, close * I realize that using the above 3 EMA's are not the typical way to "create"...Ignored
DislikedHello friends. I am just starting to take the first steps to apply this system. Please tell me is this the right sales setup? please correct me if I make mistakes. Thank you. {image}Ignored
How do you solve this issue?
Please share how you technically implement this in MT4/MT5/TradingView when trading this system on Heiken Ashi charts.
P.S. If using the ATR method, what multiplier do you use for H4 and Daily charts? (1×ATR, 1.5×ATR, 2×ATR?)
DislikedHello fellow traders, I need clarification on the stop loss placement method when using the Trading Made Simple system (RobinHood/Uncle R method). According to the classic rules, for long trades the stop should be placed "just below the low of the 2nd candle back behind the bar you entered on." However, the system template uses Heiken Ashi candles, where Open, High, Low, and Close are mathematically calculated/averaged values, not actual market prices. The contradiction: If I place the stop based on the HA candle's Low, the actual market price could...Ignored
Disliked{quote} It would take quite of bit of time to answer all of these questions properly, and then the answers may not matter so much now as I first posted the initial methods almost 7 years ago and "things" in the thread have evolved a lot since then - which is exactly what I hoped would happen. I don't know how deep into the thread that you have read, but based off of the questions you asked, I can only assume that you have not read but so far in as of yet. I would highly suggest that you read the whole thread so that you can see how things actually...Ignored
Disliked{quote} Hi RH, May I ask what the main reason was for switching from the RHO Pro Triple Threat method to the one using RSO / RSOR ? Which one is better (easier but still effective) for new traders? The thread is quite long with great information and steady progress, but I guess it can be challenging for newcomers to read and analyze everything. It might be helpful if you could somehow highlight the main pros and cons for each: the post #, the Triple Threat (TT) and RSO methods. Regards,Ignored