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Keep it Simple Stupid (KISS) Method

  • #421
  • May 18, 2009 7:12pm May 18, 2009 7:12pm
Quoting Turveyd
New system is demo testing well, it's keeping me more or less on the 3hour market direction, as said before if your with the trend your odds improve hugely.

The no trend zones filtered out a lot of chop.

The MACD 3,10 is a better easier to read when the scale of the market is huge for the cross, working as a very good immediate current direction.

Current setting.

3EMA
10EMA
20sma
60sma
180sma ( dumped the 2 just went with the 1 normally pretty close )

MACD 3,10,1

Confidence is high, I thought I had no winning system last week, PANIC...

Hi Turveyd,
I am confused... Is it 150SMA or 180SMA??
How about 40SMA, not used anymore?
  • #422
  • May 18, 2009 7:45pm May 18, 2009 7:45pm
It started off as 150, with 180 as a dotted caution line, I decided to just go for the straight 180 in the end.

On the grounds I'm REALLY Liking this and finally ( I think ) happy, I'm pretty much 17% sure there won't be any changes

That and 92pips of Demo trading profit

The 3E/10E is KEY, don't just buy on a break unless it's strong, use the 3E/10E cross to get in and out but only with the trend.

Being really aggressive on moving that stop up to, gets to +5 pips, move to -5 ( including spread ), +15 for 0!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #423
  • May 18, 2009 7:49pm May 18, 2009 7:49pm
60ie 1hour is a much better trend SMA!!

The 20sma is still there though

It did start with a 50/60sma spread.


New Templates Attached!!
Attached File(s)
File Type: tpl ej final lol.tpl   13 KB | 374 downloads
File Type: tpl eu final lol.tpl   12 KB | 374 downloads
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #424
  • May 18, 2009 7:54pm May 18, 2009 7:54pm
By the way, you can just go short under, go long over and WAIT if you choose the 60sma and 180sma trends are strong enough and generally last long enough.

So yes it's cheating

Take EJ for instance, the 180 all the way up was only broke 3times, which puts you against the trend for -45 simplisically, with a 300pip upside potential
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #425
  • May 18, 2009 8:10pm May 18, 2009 8:10pm
Quoting Turveyd
By the way, you can just go short under, go long over and WAIT if you choose the 60sma and 180sma trends are strong enough and generally last long enough.

So yes it's cheating

Take EJ for instance, the 180 all the way up was only broke 3times, which puts you against the trend for -45 simplisically, with a 300pip upside potential

So, Do you see the trend is going down now, for long or just temporary only?
I see it will go short for long term here...
  • #426
  • May 18, 2009 8:19pm May 18, 2009 8:19pm
Well, I went short on the first break under -11, then long shortly after +12 then short again on the break back under +27 so good enough for me.

You will never know how long it's going to go for, EVER EVER EVER just jump on it and hope it continues enough to make you happy!!

If you think it's going to be a long ish term short, then hold until the 60sma is taken out and hope at that stage you've got some profit, could be 100pips could be 10pips. Trail your stop just over the 60sma.

Looking to reset up a short near the 60sma, when the 3E/10E turns back to negative, or on a move over then back under!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #427
  • May 18, 2009 8:33pm May 18, 2009 8:33pm
And that would be a rather disapointing OUT just then.

EU threating to break back to Longs.

EJ should run back to the 180sma generally ( in back test highly probable )

The 180holding and turning it back down or powering through is a gamble, although you could use the 3E/10E to trade a down move off it, it's risky cause once through it'll ( historically ) get a quick move hitting your SL and the trend is kinda mixed, 60min up, 180min just about clinging to down.

I lost alot of trades trading short under a 180min to watch it go up, these SMA's are taken from my system of old, so I know the probability of them working.

EU blipped over and blipped back under, 3E/10E still heading north though and going up again.

EJ about to hit the 180
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #428
  • May 18, 2009 8:47pm May 18, 2009 8:47pm
Quoting Turveyd
And that would be a rather disapointing OUT just then.

EU threating to break back to Longs.

EJ should run back to the 180sma generally ( in back test highly probable )

The 180holding and turning it back down or powering through is a gamble, although you could use the 3E/10E to trade a down move off it, it's risky cause once through it'll ( historically ) get a quick move hitting your SL and the trend is kinda mixed, 60min up, 180min just about clinging to down.

I lost alot of trades trading short under a 180min to watch it go up, these SMA's...
Ok.. So, meaning that when EJ hit 180 & go north, it will save to go LONG and just keep long?

Another one, what does the MACD (3,10,1) show? Does it show the momentum or the trend?
  • #429
  • May 18, 2009 8:52pm May 18, 2009 8:52pm
EJ touching 180sma as expected and hovering just underneath, MACD I don't think went Negative ( 3E/10E cross ).

Yes you could traded the 3E/10E cross and nailed +25 pips ( easy after the fact ), but trading against the trend over all is going to get you a smaller profit than with, for a higher risk, so stick to the safer option you'll get richer quicker trust me I've blown ALOT of accounts ( small 100pips at a time ) getting to +4 pips to then hold for -20 in 30seconds!!!

Yes I'm also very unlucky, I don't believe in luck and she knows it and hates me for it.

180sma stopped and reversed short term!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #430
  • Edited 9:35am May 19, 2009 8:56am | Edited 9:35am
Seems like the 180SMA showing the LONG will turn back down to south.

READY TO SHORT BIG TIME??

OR IT's JUST FOR SHORT TIME ONLY?
  • #431
  • May 19, 2009 9:22am May 19, 2009 9:22am
Moved back over, Long here hoping we'll get some kinda a trend move worth a damn, but we'll see, SLOW CHOPPY DAY!!!

Getting Nickel and Dimmed looking for that trend move here, okay breaking even on the day shoulda been up slightly but miss read a few things.

EJ could run to 131.50 over the next hour or so as we know, then that'll be worth putting up with the chop.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #432
  • May 19, 2009 9:30am May 19, 2009 9:30am
The trick of this game, is minimizing your losses to chop with small losses and small profits to hopefully offset them, and due to thee you've got to be in it to win it rule, that puts you in the game hopefully when the big move comes.

can we take out 131 Yes would be my theory, EU went uptrend to.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #433
  • May 19, 2009 10:44am May 19, 2009 10:44am
Live trading experience dictates dumping the 10ema totally.

20sma is changed to 21ema for there close similarity and MACD compliance, MACD is changed to 3,21,1.

I feel this is a more reliable scalping tool!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #434
  • May 19, 2009 7:12pm May 19, 2009 7:12pm
Quoting Turveyd
Live trading experience dictates dumping the 10ema totally.

20sma is changed to 21ema for there close similarity and MACD compliance, MACD is changed to 3,21,1.

I feel this is a more reliable scalping tool!!
Hi Turveyd,

I would like to know, in which TF do you see the trends & which MA do you see to get the idea on trending? Is it the 60SMA or 180SMA, and is it in 5M or 1M TF?

I got chopped easily so many times yesterday..
  • #435
  • May 19, 2009 9:07pm May 19, 2009 9:07pm
Quoting atuque1
Hi Turveyd,

I would like to know, in which TF do you see the trends & which MA do you see to get the idea on trending? Is it the 60SMA or 180SMA, and is it in 5M or 1M TF?

I got chopped easily so many times yesterday..

I got chopped around to, when to trade and not to is SOOOO important and damn today was weak yet again, Wednesday should rock I'm working not trading

Despite bad execution on my behalf I'm up a bit today, not much but with the chop state I'm happy at that.

New settings today really liking them

3EMA ( same )
15EMA ( and MACD 3,15,1 to show these 2's difference )
Notice I've dumped the 8 and the 20, just a 15, much easier working well tonight
60SMA and 180SMA.

All M1 you'll just get confused flicking to different TF's.

Nice chunk of change available from this on the EJ tonight, Short @130.99 all the way to near 130.00 nice!!


Can I master this in a live trade scenario without having to add more pips is the question, it'll be beat have no doubt

Taught a very clever ( and cute ) newbie girlie the system, ZERO trade experience, up 130pips with no losers, womans luck hey!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #436
  • May 20, 2009 3:09am May 20, 2009 3:09am
Starting to get more and more variations to systems - now macd is added, increasing to 4 moving averages +++

It may well work, but this is NOT KISS!!!

I'm outta here!!!
  • #437
  • May 20, 2009 5:29am May 20, 2009 5:29am
Quoting psgm
Starting to get more and more variations to systems - now macd is added, increasing to 4 moving averages +++

It may well work, but this is NOT KISS!!!

I'm outta here!!!
fine, leave. but you know what? you'll miss out completely on the next 30 systems turveyd will create within the next month.
  • #438
  • May 20, 2009 5:37am May 20, 2009 5:37am
Quoting psgm
Starting to get more and more variations to systems - now macd is added, increasing to 4 moving averages +++

It may well work, but this is NOT KISS!!!

I'm outta here!!!

Well, 4 SMA's / EMA's only really, the MACD just shows graphically the difference between 3ema and 15ema, this is simpler and 1 SMA less.

But hey have a moody hissy fit

And looking at it fresh this morning, I see no need for changes, just needs a new operator
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #439
  • May 20, 2009 6:25am May 20, 2009 6:25am
Easier system which looks to be working great on the JPY.


Sweet spots .00 and .50, go short under the .00 for instance on resistance being spotted, tight SL .10 area, target .50.

Long on a move over for the next SS!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #440
  • May 20, 2009 10:30am May 20, 2009 10:30am
Hi Turveyd,

Just to confirm your system, you are using:
3EMA (close)
15EMA (close)
60SMA (close) - "S" for Simple (not Smoothed, right)
180SMA (close) - "S" for Simple (not Smoothed, right)
MACD (3,15,1)

and between 60 and 180 still no trade?
Is that right?

Thanks...
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