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

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Trading Made Simple(r)

  • #11,461
  • Apr 9, 2026 12:03am Apr 9, 2026 12:03am
David,

Good to see you back. Sounds like you had a lot going on, so I understand why you stepped away. Glad things are moving in the right direction.

I had a feeling we hadn't heard the last from you - you're always working on something, trying to make things better. The people who've been around here a while know how much you've shared and taught over the years, and it's appreciated.

Im about to download the RSOR and take a look.

Looking Forward to learning more.

Dan
  • #11,462
  • Apr 9, 2026 2:21am Apr 9, 2026 2:21am
Quoting RobinHood
{quote} Here's what happened... I created the Triple Threat because initially I was using only one RHO on a chart, but then I added a 2nd one, and then a 3rd one, each with different settings, AND then I added the RSO. So that's 4 lower windows which basically took up about 1/2 of the chart which I did not like, so I slowly started to remove them until I was down to only using the RSO, and then that evolved to the RSOR. The reason for the switch is simple. I like the RSOR better than any other indicator that I have ever used for trading. Because,...

Thank you very much for your post and the time you put into it! I truly appreciate it! Еverything you share is pure gold.
  • #11,463
  • Apr 9, 2026 5:38pm Apr 9, 2026 5:38pm
Hi Daniel,

Is it possible to create an MT5 version for the RSOR indicator? Thanks in advance


Quoting danielvmc
Hello Robinhood, I’ve completed the combined version—hope it helps! {file} {file}
  • #11,464
  • Apr 9, 2026 6:05pm Apr 9, 2026 6:05pm
Quoting smartvin
Hi Daniel, Is it possible to create an MT5 version for the RSOR indicator? Thanks in advance {quote}
Attached File(s)
File Type: ex5 rsor.ex5   10 KB | 130 downloads

Attached File(s)
File Type: mq5 rsor.mq5   3 KB | 133 downloads
  • #11,465
  • Apr 9, 2026 6:08pm Apr 9, 2026 6:08pm
Thank you stonebank. much appreciated.

Quoting StonebankS1
{quote} {file} {file}
  • #11,466
  • Apr 10, 2026 10:48am Apr 10, 2026 10:48am
Quoting smartvin
Hi Daniel, Is it possible to create an MT5 version for the RSOR indicator? Thanks in advance {quote}
Hi,

I dont have any experience in making indicators. I see StonebankS1 has taken care of it. Thank you StonebankS1.

Enjoy your weekend,

Dan
  • #11,467
  • Apr 10, 2026 1:42pm Apr 10, 2026 1:42pm
Attached Image (click to enlarge)
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  • #11,468
  • Apr 14, 2026 7:49pm Apr 14, 2026 7:49pm
I know this is a forex forum but I was in this thread a few years ago and came across it again. I was curious if anybody was able to convert things to tradingview?
Remember, the market never lies. It is only we who lie to ourselves.
  • #11,469
  • Apr 16, 2026 10:07am Apr 16, 2026 10:07am
Quoting RobinHood
{quote} The reason for the switch is simple. I like the RSOR better than any other indicator that I have ever used for trading. because,when you fully understand all of the different things that it shows/tells you, it can be crazy good....

Hi RH, may I ask you would you consider writing a short guide on this?
I completely understand if not, and I really appreciate everything you’ve already shared. You’ve already given a lot, and there’s no obligation at all.
I just imagine that even if it helps one person like the man returning starfish to the ocean it could truly make a real difference.
  • #11,470
  • Apr 16, 2026 4:06pm Apr 16, 2026 4:06pm
Not sure if anyone here is looking for a clearer way to read momentum, but see if this style of indicator fits how you view the market.

Free Tradingview Script: https://www.tradingview.com/script/Y...ndicator-Lite/
Attached Image(s) (click to enlarge)
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  • #11,471
  • Apr 16, 2026 4:32pm Apr 16, 2026 4:32pm
Quoting pewebly
{quote} Hi RH, may I ask you would you consider writing a short guide on this? I completely understand if not, and I really appreciate everything you’ve already shared. You’ve already given a lot, and there’s no obligation at all. I just imagine that even if it helps one person like the man returning starfish to the ocean it could truly make a real difference.
I don't have the time (nor honestly the desire) to actually write a proper guide "per se" regarding using the RSOR, and while it does have many, many nuances, that can be interpreted, I think about it like this (for beginner users):

Bruce Lee said: "I fear not the man who has practiced 10,000 kicks once but I fear the man who has practiced one kick 10,000 times"

So my "one best kick" using the RSOR is this: (and not surprisingly, it's a Continuation Trade):

1. First, for Long trades, I want the Cyan line (the 34-10-3 Stochastics) in the RSOR to be above about 60ish, and the higher the better and most ideally "angling up". This tells you that you are in a "strong uptrend".
Attached Image (click to enlarge)
Click to Enlarge Name: RSOR Image 4-16-26 (1).png Size: 77 KB

2. I want the darker blue line (the RSI, 4 based on the 14 ema) to have "flatlined at 100", then it dips down ANY amount below 100 and then goes all the way back to being "flatlined at 100" again. (That's one way I use it to enter).
Attached Image (click to enlarge)
Click to Enlarge Name: RSOR Image 4-16-26 (2).png Size: 84 KB

3. I use the orange line mostly for exits (but also to show me divergences), and I typically do that (exit) in 5 different ways...depending on the situation. If I am Long...

a) I may exit when the Orange line crosses above the "80 or 90 line" and then back down below the "90 line"

b) I may exit when the Orange line crosses above the "80 or 90 line" and then back down below the "80 line"

c) I may exit when the Orange line crosses above the "80 or 90 line" and then back down below the "70 line"

d) I may exit when the Orange line crosses down through/below the "cyan line"

e) I may exit when the darker blue RSI line line crosses down below the "90 line"
Attached Image (click to enlarge)
Click to Enlarge Name: RSOR Image 4-16-26 (4).png Size: 98 KB

How do I decide which way to exit? It just comes from experience, and most often, I don't always choose what would have been the very best exit. And I am "Okay" with that.

* RSOR Short trades are trading exactly the opposite of Long trades.

Later I'll expand on other ways that I use the RSOR, but someone getting the above concepts correct first are what I feel are the most important things that a trader can learn to do in the beginning regarding using the RSOR.
Always a Student, Never a Master - Emulate What Works
  • #11,472
  • Apr 16, 2026 4:43pm Apr 16, 2026 4:43pm
Quoting pewebly
{quote} Hi RH, may I ask you would you consider writing a short guide on this? I completely understand if not, and I really appreciate everything you’ve already shared. You’ve already given a lot, and there’s no obligation at all. I just imagine that even if it helps one person like the man returning starfish to the ocean it could truly make a real difference.
Try this, copy & paste all the posts that contain relevant information into a Word document, and then copy & paste ALL that information into A.I.

I reckon you will end up with an amazing summary which will fully explain that holy grail you are seeking.

Good luck, have fun, don't die.
It takes a lot for me to IGNORE you, but you can try.
  • #11,473
  • Apr 16, 2026 5:51pm Apr 16, 2026 5:51pm
Quoting RobinHood
{quote} I don't have the time (nor honestly the desire) to actually write a p
thanks for the post!

do you still work with a watchlist based on the 34-10-3 stoch? i do, and it works wonder for me to find stocks with very strong trends.
  • #11,474
  • Apr 16, 2026 9:21pm Apr 16, 2026 9:21pm
Thanks Robin, wonderful explanation. May I know if this setting (the 34-10-3 Stochastics) suits all time frames, for example, the daily time frame?

Quoting RobinHood
{quote} I don't have the time (nor honestly the desire) to actually write a proper guide "per se" regarding using the RSOR, and while it does have many, many nuances, that can be interpreted, I think about it like this (for beginner users): Bruce Lee said: "I fear not the man who has practiced 10,000 kicks once but I fear the man who has practiced one kick 10,000 times" So my "one best kick" using the RSOR is this: (and not surprisingly, it's a Continuation Trade): 1. First, for Long trades, I want the Cyan line (the 34-10-3 Stochastics) in the...
  • #11,475
  • Apr 17, 2026 8:47am Apr 17, 2026 8:47am
Quoting smartvin
Thanks Robin, wonderful explanation. May I know if this setting (the 34-10-3 Stochastics) suits all time frames, for example, the daily time frame? {quote}
Yes, ideally, I think that whatever works on one time frame should always work on every time frame.
Always a Student, Never a Master - Emulate What Works
  • #11,476
  • Apr 17, 2026 11:08am Apr 17, 2026 11:08am
Quoting RobinHood
{quote} I don't have the time (nor honestly the desire) to actually write a proper guide "per se" regarding using the RSOR, and while it does have many, many nuances, that can be interpreted, I think about it like this (for beginner users): Bruce Lee said: "I fear not the man who has practiced 10,000 kicks once but I fear the man who has practiced one kick 10,000 times" So my "one best kick" using the RSOR is this: (and not surprisingly, it's a Continuation Trade): 1. First, for Long trades, I want the Cyan line (the 34-10-3 Stochastics) in the...
Thank you so much — I really appreciate it!
  • #11,477
  • Apr 17, 2026 3:00pm Apr 17, 2026 3:00pm
Quoting RobinHood
{quote} I don't have the time (nor honestly the desire) to actually write a proper guide "per se" regarding using the RSOR, and while it does have many, many nuances, that can be interpreted, I think about it like this (for beginner users): Bruce Lee said: "I fear not the man who has practiced 10,000 kicks once but I fear the man who has practiced one kick 10,000 times" So my "one best kick" using the RSOR is this: (and not surprisingly, it's a Continuation Trade): 1. First, for Long trades, I want the Cyan line (the 34-10-3 Stochastics) in the...
hello, if is not too much cand you tell me what exact setup you have here, setting and rest? thanks in advance
  • #11,478
  • Apr 17, 2026 3:15pm Apr 17, 2026 3:15pm
Quoting pewebly
{quote} Thank you so much — I really appreciate it!
Thank you pewebly for expressing your gratitude! That post took a long time for me to create...so this post is just for you! (don't share it with anyone else ).

On this chart, it's a Daily Apple chart and the Blue RSI line is set to: RSI (4) based on the 10 ema. I often adjust the RSI (4) ---> ema settings to best fit what I saw looking backwards on a chart...because different stocks, Futures, and Forex pairs have different personalities...and therefore they often move differently and so I try to adjust for that when I am looking backwards - hoping that it will do very much the same when going forward again.

Here is my sniper entry and exit method when using the RSI in this manner:

Green Box = Go Long

Red Box = Exit
Attached Image (click to enlarge)
Click to Enlarge Name: RSOR Image 4-17-26.png Size: 182 KB
Always a Student, Never a Master - Emulate What Works
  • #11,479
  • Apr 17, 2026 3:36pm Apr 17, 2026 3:36pm
Quoting Catalin1906
{quote} hello, if is not too much cand you tell me what exact setup you have here, setting and rest? thanks in advance
Upper Chart indicator and settings

3 ema - Yellow-ish dotted line
10 ema - I use the blue and yellow dots. The 10 ema does not align with those dots exactly correctly so for the magenta line I used the 12 ema
21 ema - Cyan line

Dots = Volatility Stop indicator - Settings: True Range Period = 10, True Range Multiplier = 1.00 - based on the 10 ema

Lower Window

RSOR indicator (and settings) and is comprised of:

RSO - Orange line = Stochastics 8,3,3 exponential. Cyan line (lighter blue) = Stochastics 34,10,3 exponential

RSI - Darker Blue line = RSI (4) based on the 10 ema
Always a Student, Never a Master - Emulate What Works
  • #11,480
  • Apr 17, 2026 3:55pm Apr 17, 2026 3:55pm
thanks for the quick response
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