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Trading Made Simple(r)

  • #11,601
  • Jun 3, 7:33am (11 hr ago) Jun 3, 7:33am (11 hr ago)
Quoting pewebly
Hi, Since I am really excited about this template, I wanted to share it with you. In fact, it's a simple combination of other people's great work that has already been shared on the FF. You can easily find all the indicators and sources; I'm just sharing my setup here. I hope it helps someone. Thank you all! Have a great day! {image} {file}
Hey man. Thanks for sharing! Can you please share the indicators also. I've been trying to find them for the past hour but no luck.
I would appreciate it if you shared them. they are so hard to find with so many pages and posts.

Thank you!
  • #11,602
  • Edited 8:35am Jun 3, 8:18am (10 hr ago) | Edited 8:35am
Quoting pewebly
Just a note, nothing is perfect. Sometimes you'll need to exit early, and sometimes your SL will get hit. That's just part of the game and I like it! {image}
It just works, no matter what.
I manually back tested it and win rate is amazing!

Just found this for the new versions of the pivot indicator if you need it.
https://www.forexfactory.com/thread/...ner-alerts-mt4

@RobinHood, are you the author of the 2x Stochastic + RSI concept?
I'm trying to understand what each line represents and how they should be interpreted.
Is it correct that, for a sell signal, the RSI line should be below the two Stochastics?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 90 KB
Attached File(s)
File Type: ex4 BarClock.ex4   54 KB | 9 downloads
File Type: ex4 Magnified_Market_Price.ex4   3 KB | 11 downloads
File Type: ex4 PivotPointsLines_v1.1 button.ex4   37 KB | 13 downloads
File Type: ex4 RSI.ex4   11 KB | 10 downloads
File Type: tpl RSOR Sniper MTF.tpl   105 KB | 12 downloads
File Type: ex4 RSOR_Sniper.ex4   35 KB | 14 downloads
File Type: ex4 ShowTrades.ex4   95 KB | 13 downloads
File Type: ex4 smTMMS Oscillator_v7.4.ex4   49 KB | 15 downloads
File Type: ex4 Stochastic_Color_v1.02classicC.ex4   16 KB | 12 downloads
  • #11,603
  • Jun 3, 11:14am (7 hr ago) Jun 3, 11:14am (7 hr ago)
Anyone willing to convert this system to mt5 thanks
  • #11,604
  • Jun 3, 11:15am (7 hr ago) Jun 3, 11:15am (7 hr ago)
Quoting pewebly
{quote} It just works, no matter what. I manually back tested it and win rate is amazing! Just found this for the new versions of the pivot indicator if you need it. https://www.forexfactory.com/thread/...ner-alerts-mt4 @RobinHood, are you the author of the 2x Stochastic + RSI concept? I'm trying to understand what each line represents and how they should be interpreted. Is it correct that, for a sell signal, the RSI line should be below the two Stochastics? {image} {file} {file} {file} {file} {file} {file}...
Mt5 anyone?
  • #11,605
  • Jun 3, 11:32am (7 hr ago) Jun 3, 11:32am (7 hr ago)
Quoting pewebly
And when I said we need a filter or a signal generator I meant this How cool is this set of indicators? 11 out of 0-10 scale, I'd say Who want to code it? MT5 or 4 whatever you like. {image} {image}
Hi pewebly,

Thank you for your contribution!
I’m a bit swamped at the moment, but if nothing’s been done by the time I go on holiday in July, I’d be happy to help out
  • #11,606
  • Jun 3, 1:31pm (5 hr ago) Jun 3, 1:31pm (5 hr ago)
Hi Robinhood im having trouble adding the rsi to my stochastic rso meaning the settings please advise thanks
  • #11,607
  • Jun 3, 3:39pm (2 hr 56 min ago) Jun 3, 3:39pm (2 hr 56 min ago)
Quoting pewebly
{quote} It just works, no matter what. I manually back tested it and win rate is amazing! Just found this for the new versions of the pivot indicator if you need it. https://www.forexfactory.com/thread/...ner-alerts-mt4 @RobinHood, are you the author of the 2x Stochastic + RSI concept? I'm trying to understand what each line represents and how they should be interpreted. Is it correct that, for a sell signal, the RSI line should be below the two Stochastics? {image} {file}...
There is no simple answer to this question, because...as I have said many, many times since introducing the RSO and subsequently the RSOR, there are many, many nuances that have to also be considered when using these indicators. I would suggest going back and reading all of my posts regarding how to use the RSO and the RSOR. I would start with Post #7887 --> https://www.forexfactory.com/thread/...mpler?page=395

In my opinion, two of the most important aspects to consider when using the RSOR are mentioned in Post #11,507 --> https://www.forexfactory.com/thread/...5#post15694855

The other way that I use it a lot is as a potential entry signal is when the dark blue line initially crosses above or below the "50 area" AFTER just after having left one extreme (the red zone or the green zone) and is potentially crossing into the opposite color zone.

Then, one way I exit is when I am in a trade and that dark blue line "leaves" that zone that it is currently in.

This is one reason WHY the 3 different zones are colored...in: Red (0-30), Green (70-100) and Purple (generally, 40-60).
Always a Student, Never a Master - Emulate What Works
  • #11,608
  • Last Post: Jun 3, 3:41pm (2 hr 54 min ago) Jun 3, 3:41pm (2 hr 54 min ago)
Quoting Dino10
Hi Robinhood im having trouble adding the rsi to my stochastic rso meaning the settings please advise thanks
The RSO is comprised of:

Orange Line = 8, 3, 3, ema

Light Blue Line = 34, 10, 3, ema

AND, what turns it into the RSOR is by adding what I am showing below to the RSO:

Dark Blue Line = RSI(4) based on the 14 ema.
Always a Student, Never a Master - Emulate What Works
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