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Monitor for 'Trading Made Simple' system 565 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

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Trading Made Simple

  • #701
  • Edited Apr 30, 2011 11:23am Apr 29, 2011 8:07pm | Edited Apr 30, 2011 11:23am
Training Chart - example only

Look at the last short... The first red candle doesn't count... it's a nothin'... barely a speck... On my FXDD Charts the second candle is the entry candle barely... The TDI is at a 4 o'clock angle...on the next candle the TDI green line drops to a 5 o'clock angle.... TDI looks good with Stochs confirming... Flashing light, flashing light.... look at the wick pullback on the big candle !!!!! wow... I'm expecting a short lived trade... next candle is at the bottom of the TDI check mark with another candle pullback... time to exit... last two candle bottoms are about the same... exit, exit, exit ! Look to the left (2 blue boxes) that's what is stopping the downward movement... and the last candle starts up.

Take time to learn to read your candles and what their trying to shout at you as well as your TDI signals...

This is all BASIC FX things you need to know and recgonize...
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  • #702
  • Apr 29, 2011 9:02pm Apr 29, 2011 9:02pm
Quoting eelfranz
Training Chart - example only

[font=Comic Sans MS][size=3][color=#0000ff]Look at the last short... The first red candle doesn't count... it's a nothin'... barely a speck... On my FXDD Charts the second candle is the entry candle barely... The TDI is at a 4 o'clock angle...on the next candle the TDI green line drops to a 5 o'clock angle.... TDI looks good with Stochs confirming... Flashing light, flashing light.... look at the wick pullback on the big candle !!!!! wow... I'm expecting...
now that's a powerful training chart. i can't believe everyone is getting this stuff for free...thanks from all of us big e...............vince
  • #703
  • Apr 29, 2011 10:53pm Apr 29, 2011 10:53pm
Quoting Greenlake
Hi Eelfranz

This looks to be a very good strategy. I put two trades on E/J and Euro$ on this evening and am up 55 pips before the markets closed. Demo account till I get a good feel for this.
I cannot see the drop down box to register for daily updates

Thanks
Greenlake
Greenlake, At the top of this page just click on the Thread Tools tab and then subscribe to thread. Hope this helps, fxlakebum.
  • #704
  • Apr 29, 2011 11:14pm Apr 29, 2011 11:14pm
Hello,
I may not read enough posts, but here is my question:
How do you use the SMA 5?
Thanks
Note: Excuse my English
Oyapoke
  • #705
  • Apr 29, 2011 11:46pm Apr 29, 2011 11:46pm
Hi Big E and everyone else,

Many thanks for posting your method here in the trading systems section, means a lot to many of us.
As per your advice I've been scrolling through past charts (only 4hr tf) and learning how to spot buy and sell signals with the TDI and PA on many pairs. Its a very useful exercise just as you pointed out. However every now and then i see a great signal, good strong HA candle, great PA and a good cross over by TDI but it results in a big loss hitting the emergency stop which is under the last LL/HH even before the TDI flattens out. I've included a chart of one such trade could you take a look please and let me know if the buy signal entry is correct.

The buy was entered on the opening of the candle with the vertical line, and the stop was hit under the LL which is two candles prior to the vertical line resulting in a loss of -81 pips.

Thx
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  • #706
  • Apr 30, 2011 12:00am Apr 30, 2011 12:00am
Quoting AlexC
Here is a link to the TDI indicator. Install it in the indicators folder of the experts folder of your Metatrader folder. Then you'll find it in the custom indicators list, after you have shut the platform down and rebooted it.

http://www.forexfactory.com/showpost...1&postcount=14
thanks mate.
  • #707
  • Apr 30, 2011 12:12am Apr 30, 2011 12:12am
Fugly,

1) When the TDI is crossing down and below the 50 I am looking for shorts or bounces lower
2) upper TDI line is pointing at 2 and the other at 3 (or flat) risky trade to begin with so tight stops are called for
3) the Stoch is flat
4) always look at a 1 hr for conformation, 1Hr Stoch was already in the 80's, and hitting on the 200ema, see 1 hr below

5) on the off Major pairs , I trade them of H4 for setup, confirm off the 1hr and enter off the 15m.

Once you see the setup it usually takes about 10 seconds to confirm and enter.





Quoting fugly
Hi Big E and everyone else,

Many thanks for posting your method here in the trading systems section, means a lot to many of us.
As per your advice I've been scrolling through past charts (only 4hr tf) and learning how to spot buy and sell signals with the TDI and PA on many pairs. Its a very useful exercise just as you pointed out. However every now and then i see a great signal, good strong HA candle, great PA and a good cross over by TDI but it results in a big loss hitting the emergency stop which is under the last LL/HH even before the TDI...
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  • #708
  • Apr 30, 2011 1:39am Apr 30, 2011 1:39am
Hi E...

I take it you rely on the data window to get your readings for the RSI/TSL values? I have attached a daily chart where we are in an uptrend. In this case we see blue candles that start to get smaller. We have candle A where the value of RSI >TSL. Next candle is B where the value of RSI<TSL but the candle is still blue. Candle C the RSI<TSL and the body turns red. If you were to take this trade would you enter on the open of candle C even though candle B has a blue body or would you wait to the open of candle D after the seeing the first red candle C with a negative value RSI<TSL. Do we need to wait for a candle to break and close under the 5 SMA to make this a valid set up or just have the red candle with a negative RSI<TSL.
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  • #709
  • Apr 30, 2011 2:49am Apr 30, 2011 2:49am
i am new in this field i want some goood short term help of trading. i use SVI Trading plateform. please help in this way


Thanks
  • #710
  • Apr 30, 2011 3:47am Apr 30, 2011 3:47am
Quoting fugly
Hi Big E and everyone else,

Many thanks for posting your method here in the trading systems section, means a lot to many of us....
Entry on this system need to be optimized by looking at higher and lower time frames or else it can always end up hitting the stop loss.
Trade responsiblypatience is the key/Swing trader
  • #711
  • Apr 30, 2011 4:41am Apr 30, 2011 4:41am
hi... i use H4 as trend direction and M5 to enter trade...SL at higher high(HH) or lower low(LL) with small stop loss..

H4
http://i663.photobucket.com/albums/u...a/29042011.gif


M5
http://i663.photobucket.com/albums/u...9042011m52.gif
  • #712
  • Apr 30, 2011 9:10am Apr 30, 2011 9:10am
Quoting eelfranz
Training Chart - example only

Look at the last short... The first red candle doesn't count... it's a nothin'... barely a speck... On my FXDD Charts the second candle is the entry candle barely... The TDI is at a 4 o'clock angle..
Hi BigE

Thank you for all your work in here ! Really nice chart example of your system. Keep up your excellent work...

Good Week-End to all!

Mfinab,
  • #713
  • Edited May 1, 2011 1:06am Apr 30, 2011 10:47am | Edited May 1, 2011 1:06am
Quoting Oyapoke
Hello,
I may not read enough posts, but here is my question:
How do you use the SMA 5?
Thanks
Note: Excuse my English
Oyapoke
I have a compilation document of what I see to be important rules and things posted by eelfranz at this post:
http://www.forexfactory.com/showthread.php?t=292285

Read through it. It might answer most of your questions.
Could it be Man is trying to be something without knowing they're complete?
  • #714
  • Apr 30, 2011 10:53am Apr 30, 2011 10:53am
Quoting danidon
i am new in this field i want some goood short term help of trading. i use SVI Trading plateform. please help in this way


Thanks
To make it easy for you to follow it is probably best for you to download the demo version of metatrader4 at fxdd and set up the indicators on that platform.

Quick instruction for installing indicators.

NOTE: An indicator can be of 2 format (extensions), .MQ4 and .EX4. MQ4 is the source code, and EX4 is the compiled version of the code.

Step By Step

1) Download/Copy/Save the MQ4/EX4 file into your Crogram FilesMetaTrader 4expertsindicators folder
2) Close your MetaTrader application (assuming it's currently open ... Ignore this if the application hasn't been launched)
3) Launch your MetaTrader application
4) On the left hand side, look for the "Navigator" window
5) Under the "Common" tab, look into the "Custom Indicators" directory
6) Locate the indicator which you have just downloaded into the folder stated in Step 1
7) Drag (Click and drag) the indicator onto the chart
8) Voila... done

I hope that helps.
Could it be Man is trying to be something without knowing they're complete?
  • #715
  • Apr 30, 2011 11:06am Apr 30, 2011 11:06am
Cabinfever (693)....

TDI is not looking all that hot either... When you see small candles like that... look for another pair... don't play with fire...
  • #716
  • Apr 30, 2011 11:20am Apr 30, 2011 11:20am
hi all there ..iam really new in this forum ..
and so great to find a thread such kind like this ...
hope you'all have a great success .
  • #717
  • Apr 30, 2011 11:30am Apr 30, 2011 11:30am
Hi,

What Synergy_APB indi does? OK i know already.

I'd like to backtest this system, im sure its great but Its always good to backtest any system. Whats the best way to backtest it?

Thx
HankT
  • #718
  • Apr 30, 2011 11:53am Apr 30, 2011 11:53am
Oyapoke... (704)

At one time I used the 5ema in a different way. Back then if a candle closed across the 5ema it was the set up candle. I would enter the trade at the beginning of the next candle if it was the same color.... and that still works... this is more conservative...

I am more aggressive now and noticed I was giving up some pips doing it that way so I changed to using the TDI candle #1 or 2 for entries.

I left it on my chart because I like to see how PA interacts with the 5ema line during the trade. Gives me a better feel for what's going on... that's mainly the reason...
  • #719
  • Apr 30, 2011 12:13pm Apr 30, 2011 12:13pm
Thanks for your answers.
Best regards

Oyapoke
  • #720
  • Apr 30, 2011 12:19pm Apr 30, 2011 12:19pm
Fugly (post 705),

Where to start... hummm

Unfortunately at this point you don't understand this method.

Your verticle line is on a sell trade... not long.

The TDI has not given you any kind of signal.. (green below red)

I'd suggest reading this thread over again... go read the old one from the post that leads you there... you'll get it and we will help you !
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