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Trading Made Simple

  • #3,381
  • May 21, 2011 3:10am May 21, 2011 3:10am
Quoting dean
I dont get what you mean?? How do I cut and paste inside the template??
You should open tmpl. file in notepad program , and then edit it by cut/paste
I prepared the template with BigE syngery bars instead HA. You can use it
Attached File(s)
File Type: tpl test.tpl   1 KB | 662 downloads
  • #3,382
  • May 21, 2011 3:20am May 21, 2011 3:20am
Quoting plamendp
Yep mate. I am aware of the clock-slope thingy we must obey and I am always carefull about it, but on my chart it IS looking like 5 (even more). Thing is, I can stretch up/down/left/right and always make it look like X.
Did you ever get an answer regarding this ,
it is something that I always question myself
"one persons 5 pm could be another persons 3.30 pm dependant on how much the graph is stretched by X"

Oh and thanks for giving the idea re Synergy on a sub window , excellent
  • #3,383
  • May 21, 2011 3:34am May 21, 2011 3:34am
Quoting olegy
You should open tmpl. file in notepad program , and then edit it by cut/paste
I prepared the template with BigE syngery bars instead HA. You can use it
Thank you very much I will try it.
I have a question. Looking at this I would actually prefer it in reverse. Is there a way to view the HA candles in the main window and the normal candles as an indicator?? I ask this because the main method uses the HA candles with the ema added to it so I would prefer the HA candles at the top of the chart with the normal candles in a smaller window underneath it. SO basically maybe there is an indicator for normal candles??
ANy way to do this?? Or is there a way to add the ema to the HA candles in the indicator window??
  • #3,384
  • May 21, 2011 3:47am May 21, 2011 3:47am
Demo result of 4 days trading with this method....
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-05-21_1417.png Size: 49 KB
Trade responsiblypatience is the key/Swing trader
  • #3,385
  • May 21, 2011 4:00am May 21, 2011 4:00am
Quoting dean
Thank you very much I will try it.
I have a question. Looking at this I would actually prefer it in reverse. Is there a way to view the HA candles in the main window and the normal candles as an indicator?? I ask this because the main method uses the HA candles with the ema added to it so I would prefer the HA candles at the top of the chart with the normal candles in a smaller window underneath it. SO basically maybe there is an indicator for normal candles??
ANy way to do this?? Or is there a way to add the ema to the HA candles in the indicator...
Dean , I actually playing with editing templates for the first time, so don't expect from me more that I can But there is it : template with ema in HA window
Attached File(s)
File Type: tpl test3.tpl   1 KB | 604 downloads
  • #3,386
  • May 21, 2011 4:20am May 21, 2011 4:20am
Quoting olegy
Dean , I actually playing with editing templates for the first time, so don't expect from me more that I can But there is it : template with ema in HA window
If olegys does not work try this one
Attached File(s)
File Type: tpl hamaincandlesub.tpl   4 KB | 798 downloads
  • #3,387
  • May 21, 2011 4:36am May 21, 2011 4:36am
Quoting peterporter
If olegys does not work try this one
wonderful
I'll play with that one
thnx
  • #3,388
  • May 21, 2011 5:23am May 21, 2011 5:23am
Hi,

I'm looking to start using this method with my live account starting with £1k at £10 pip only trading on GBP/USD to start off with, hoping to make around 40pips a day using this system.

one other question does this system work with i.e. FTSE 100, DOW or just Forex?

With my 1K account i'm going to go with £10 pip with 70 SL so risk management of 70% however the entries i enter I'll weigh up other factors like price res etc..

I'm hoping to get to 10k then go to 1% risk management, so would it be fair to say with this system you could get between 160 - 300pips a week?

P.S the only reason i'm putting in £1k is because i dont need it and i'm using the high risk management because if i lose it i'm not to bothered unlike if it was 10k,20k etc... others may disagree with me here

I've been using this system on a demo account and an account with like £20 in it, and it has worked however i got cleared out because my stop loss was too low on the 1HR chats.

one other question i have on 1HR or 4HR chats is 70SL suitable?
  • #3,389
  • May 21, 2011 5:34am May 21, 2011 5:34am
Greeting's everyone!

Sorry to hear you aren't feeling the best E. Get well real soon.

Well, after joining up last night, this system, and amazing thread seem a good enough intro to FX for a beginner. It seems so simple, and with a lot of the rules laid out already, i reckon i'll get a demo acct. going sooner rather than later.

Thanks E, and everyone here.

Best wishes, and good trading,

Greg.
'Fail to plan, plan to fail'
  • #3,390
  • May 21, 2011 5:35am May 21, 2011 5:35am
Quoting Incrediblle
Demo result of 4 days trading with this method....
hi,
those results look very nice...but if i were u, i would never trade lot size of 1.0 with 5k account....it would be more like 0.1 lot for that size of account...u would still have made $500 which is 10% in 4 days which is still very very good but i am just adding some perspective so that newbies arent misled....
  • #3,391
  • May 21, 2011 6:13am May 21, 2011 6:13am
When to go live ? I decided to do that when :

  1. I'll double my demo account
  2. GHPR will be more than 1

I very like to use myfxbook statistic

Attached Image (click to enlarge)
Click to Enlarge Name: myfx.png Size: 55 KB
  • #3,392
  • May 21, 2011 6:18am May 21, 2011 6:18am
Quoting Incrediblle
I am all set to go live again now with this method...wish me luck
Wish you all the Luck, Incredible !
  • #3,393
  • May 21, 2011 8:01am May 21, 2011 8:01am
Banner for this thread
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Trade responsiblypatience is the key/Swing trader
  • #3,394
  • May 21, 2011 8:31am May 21, 2011 8:31am
Quoting Incrediblle
Banner for this thread
  • #3,395
  • May 21, 2011 8:50am May 21, 2011 8:50am
Hi there

I am very new to Forex. But I already managed to loose my account twice. Still, I am not giving up. No, I am even more interested in Forex.

Reading your thread about the TDI really impressed me.
So I was looking in my platform if I can find this one. But, no success.

Can u give me any hints how to find it and what are your settings for the TDI?

I really thank you for your help and I wish you all the best and always

Good trading
Marcel
  • #3,396
  • May 21, 2011 9:33am May 21, 2011 9:33am
Quoting ns_karthik
hi,
those results look very nice...but if i were u, i would never trade lot size of 1.0 with 5k account....it would be more like 0.1 lot for that size of account...u would still have made $500 which is 10% in 4 days which is still very very good but i am just adding some perspective so that newbies arent misled....
+10 for this
  • #3,397
  • May 21, 2011 10:10am May 21, 2011 10:10am
HA candles in a separate window.
This is not my work, i'm not taking any credit for this
Attached File(s)
File Type: mq4 Heiken_AshiH_sw_mtf.mq4   6 KB | 907 downloads
  • #3,398
  • May 21, 2011 10:30am May 21, 2011 10:30am
Quoting peterporter
Did you ever get an answer regarding this ,
it is something that I always question myself
"one persons 5 pm could be another persons 3.30 pm dependant on how much the graph is stretched by X"

Oh and thanks for giving the idea re Synergy on a sub window , excellent
I did some investigation (manual "backtesting"; just checking good crosses in the past) on this issue and found out that a slope of 5 units per candle is the minimum slope to consider it a 1 or 5 o'clock, i.e. a GOOD and significant steepness.

Please, correct me if I am wrong (is it 5? 3? 7? units per candle) and I think it would be a good add to Big E TMS system if we can define some minimum slope required to validate the cross.

I am working on TMS/TDI indicator which shows the current and previous slope as a visual add on to decision making process and to eliminate the "I think the slope is 5 o'clock" effect.

I hope making a new (just improved) indicator wouldn't hurt the basics of the TMS system: KISS, which I truly appreciate and obey. I don't want to start flooding the thread with new and "new" indicators/templates/etc.


plamen
Bah...
  • #3,399
  • May 21, 2011 11:16am May 21, 2011 11:16am
Thanks to Eelfranzall for share the simple system,

I did two trades in the week(I began on wednesday).

USD/CHF= -35
EUR/GBP= +73

Both in 4h chart.
Attached Image (click to enlarge)
Click to Enlarge Name: 3.jpg Size: 13 KB
  • #3,400
  • Edited 3:05pm May 21, 2011 2:30pm | Edited 3:05pm
Quoting Numb3rs
This should be the set you guys need. Hope I got it right.
elfanz, forexcube, numb3r,

Thanks for the thread. Am glad Incrediblle pointed to me here. Perhaps this is the most simplest method.

(1) Are the indicators by numb3rs (post #25) for this method the latest update?
Because I do not see the MBL (Market Base Line) and Volatility Band Line (a per the pdf by Forexcube..file TD_11.pdf).
What is the color line on Stochastic means?

(2) Is the nice presentation layout shared by Forexcube (thanks for it) all there is for this techniques.

In actual test, I can that there a lot of HA candles with long body and small wick upward, which would supposely not a good long trade but then the price continues to shoot up.

(3) In gist:
Do we enter on the open of the next HA candle when signal came?
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