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Monitor for 'Trading Made Simple' system 565 replies

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

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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

  • #8,281
  • Jul 17, 2011 1:03pm Jul 17, 2011 1:03pm
why you people complicate the simple system? the rules are clear and simple 4H TM and the TDI crosses.

Other things to look for S&R and ignore the TDI crosses when the market is going sideways. I personally enter from the second candle red/Green depend on the cross direction.
Target next Support stop loss above last resistance sometimes i use 90 pips as stop loss. i started using this system last Tuesday in my 2 competition accounts one was down 5k and now its +9k and the other is +6k.
Keep it simple.
  • #8,282
  • Jul 17, 2011 1:07pm Jul 17, 2011 1:07pm
I am so happy to see so many of you kickin' bootie. Honestly the rules are simple. You should expect winners on an ongoing basis.

You have to overcome personal glitches for this method or any other. Use common forex sense... look for possible problems before opening a trade. Check for correct angle, where is s or r, etc.

If you need a refresher about basic forex principals go to www.babypips.com , then come back.

BOUNCE TRADES - When green bounces off red... how is greens angle? If it's 12-2 or 4-6 and all else looks good... I'll usually enter.

Your all doing a bang up job...

Anyone in the U>S> need a call? PM me...
  • #8,283
  • Jul 17, 2011 1:19pm Jul 17, 2011 1:19pm
Quoting eelfranz
Anyone in the U>S> need a call? PM me...
Does Malta count
  • #8,284
  • Jul 17, 2011 1:40pm Jul 17, 2011 1:40pm
Quoting monkey.fx
not everybody who put 1line and 1 indi its a trader ,of course u need another thing to avoid the bad signal

1-rsi for long must be over 50 for short under 50
1-macd cros for buy or sell but me ust cros the 0 line up or down
1-sma 200

this 2 thing will help everybody on trade ,yes the system its simple whit tdi and sma 5 but many people lose money because they dont now to avoid the bad signal

when i said rsi i refer to the green line from tdi (the green line is rsi line)

cheers

This is not a "Trend Following" system so why would you need to put Rsi or Macd to your charts? Please do some backtesting and you will see you will miss most of the profitable trades with those additional indicators.
  • #8,285
  • Jul 17, 2011 3:33pm Jul 17, 2011 3:33pm
sorry the 7 but u dont understand -u have rsi on your map but u dont now wher is it

rsi is the GREEN LINE from TDI if u use this sistem from Big E.

what i said is to avoid some bad signal and to help
i put some pict to see 3 example of a false signal
Attached Images
  • #8,286
  • Jul 17, 2011 5:30pm Jul 17, 2011 5:30pm
EVERY BODY OUT OF THE POOL !

If you want to add indicators... keep it to yourself and please don't post it here. You know the rules... please trade it as layed out.

Trade it during the first 1-3hrs of any session on the 1hr chart and 4hr chart during the London open.

Study old charts on winning trades. Learn to recgonize them.

Watch your angles - 12-2, 4-6

  • #8,287
  • Jul 17, 2011 6:09pm Jul 17, 2011 6:09pm
Quoting eelfranz
EVERY BODY OUT OF THE POOL !

If you want to add indicators... keep it to yourself and please don't post it here. You know the rules... please trade it as layed out.

[font=Comic Sans MS][size=4][color=#0000ff]Trade it during the first 1-3hrs of any session on the 1hr chart and 4hr chart...
That is it, couldn't be any more simple.

Thank you
Asw
  • #8,288
  • Jul 17, 2011 6:50pm Jul 17, 2011 6:50pm
First post here just to saying a big thanks for Big E!!!!

Now i've got somes questions about this signal:

-does someone can convert the mq4 tdi indicator in JFX(for dukascopy)???
-Do you believe is it possible to use this indicator in a scalping strategy on 1 minute chart???

TY
  • #8,289
  • Jul 17, 2011 8:47pm Jul 17, 2011 8:47pm
Quoting Forethan
First post here just to saying a big thanks for Big E!!!!

Now i've got somes questions about this signal:

-does someone can convert the mq4 tdi indicator in JFX(for dukascopy)???
-Do you believe is it possible to use this indicator in a scalping strategy on 1 minute chart???

TY

Not sure if Dukaskopy will allow an MA on your RSI window but say it does. This is what you do:

1. Create RSI in a new window. Set the parameters to 13 and close, and the color to None, so that it doesn't show.

2. Drag the MA indy into the same window as the RSI. Set the values to 2, simple, close, color = Green,

3. Drag the MA indy into the same window as the RSI. Set the values to 7, simple, close, color = Red, and once again,

That should be an exact match to TDI with the settings.
RSI_Period = 13
RSI_Price = 0
RSI_Price_Line = 2
RSI_Price_Type = 0
Trade_Signal_Line = 7
Trade_Signal_Type = 0

This system is used on 4 hour, 1 hour or daily chart. Use it any timeframe you prefer
  • #8,290
  • Jul 17, 2011 8:53pm Jul 17, 2011 8:53pm
  •  GT_Pips
  • | Joined Jun 2011 | Status: Dont hate what you dont understand. | 71 Posts
Quoting Forethan
First post here just to saying a big thanks for Big E!!!!

Now i've got somes questions about this signal:

-does someone can convert the mq4 tdi indicator in JFX(for dukascopy)???
-Do you believe is it possible to use this indicator in a scalping strategy on 1 minute chart???

TY
Read post #8291
He who wanders, never gets lost. No good deed goes unpunished.
  • #8,291
  • Jul 17, 2011 10:08pm Jul 17, 2011 10:08pm
Big E, may I ask you why donīt use the AC / OSMA to confirm any longer? just curious, donīt want to disturb.
thanks.
Humble & Kalcker CLO2 = Covid killer
  • #8,292
  • Jul 17, 2011 10:11pm Jul 17, 2011 10:11pm
Quoting GT_Pips
Read post #8291
Am I the ONLY person that is constantly amazed by the number of 1 post wonders that come on here and say how great this system is or support it in some way, know what I am saying?

I thought they tracked IP address or something to ban "Multiple User Names" ???
OPPORTUNITY IS NOWHERE
  • #8,293
  • Jul 17, 2011 10:22pm Jul 17, 2011 10:22pm
  •  GT_Pips
  • | Joined Jun 2011 | Status: Dont hate what you dont understand. | 71 Posts
Quoting Callisto
Am I the ONLY person that is constantly amazed by the number of 1 post wonders that come on here and say how great this system is or support it in some way, know what I am saying?

I thought they tracked IP address or something to ban "Multiple User Names" ???
No I dont know what you are saying.
I have read and been watching this entire thread for a long time and I`m using the Big E system that was posted at babypips.
I watch both threads in case Big E has more updates on the system.

Just cause I have one post does not mean its my first time at FF.
As for the "Multiple User Names", I only have one and this is it.
He who wanders, never gets lost. No good deed goes unpunished.
  • #8,294
  • Jul 17, 2011 10:28pm Jul 17, 2011 10:28pm
Quoting eelfranz
EVERY BODY OUT OF THE POOL !

If you want to add indicators... keep it to yourself and please don't post it here. You know the rules... please trade it as layed out.

Trade it during the first 1-3hrs of any session on the 1hr chart and 4hr chart during the London open.

[font=Comic Sans MS][size=4][color=#0000ff]Study old charts on winning trades. Learn...
Can u elaborate further on "angles - 12-2, 4-6"

Thanks
  • #8,295
  • Jul 17, 2011 10:58pm Jul 17, 2011 10:58pm
Quoting cyddus
Can u elaborate further on "angles - 12-2, 4-6"

Thanks
Think clock positions when the green cross the red.

12-2 o'clock position of the green when crossing red for a long entry.
4-6 o'clock position of the green when crossing the red for a short entry.

Of course, you must follow the other rules outlined in the first 50 pages of the thread and the PDF with all the rules. If you need more info on that, do a search and you will find it all outlined to include the 12-2 and 4-6 discussion.

Good hunting.
  • #8,296
  • Jul 17, 2011 10:59pm Jul 17, 2011 10:59pm
Quoting cyddus
Can u elaborate further on "angles - 12-2, 4-6"

Thanks
Cyddus, he's talking about when the Green line crosses the Red line on TDI indicator. For long positions going up, the angle needs to be between 12 & 2, for short, 4 & 6. I made a simple indicator (attached) on my graphs as a reminder until I get better.

Rand
Attached Image (click to enlarge)
Click to Enlarge Name: eu_4hr.gif Size: 21 KB
  • #8,297
  • Jul 17, 2011 11:31pm Jul 17, 2011 11:31pm
The7 wrote he didn't use ATR for targets...
Quoting dcginc

I totally agree - it is completely an individual thing and there is certainly no guarantee that the range will hold. For me it is a way to be less subjective or arbitrary when choosing targets and requires much less management on my part when I have open positions. For me these are safe levels to capture enough profits and still balance my risk for my personality based on the stats of my trading plan. They key is to use the same SL and TP system for each trade - whatever your...

dcginc

You've rekindled my interest in ATR based Stops & targets.

What conditions would prompt you to close a trade before it hits either the 2xATR SL or TP, or do you always let it run without interference once it's begun?

Also once price hits 2xATR and you close 1st lot, do you let the (I think you wrote 25 pip bumps as price progresses) TSL close the remaining lot or are there conditions that could prompt you to close it early?

JR
  • #8,298
  • Jul 18, 2011 4:32am Jul 18, 2011 4:32am
Quoting The7
Not sure if Dukaskopy will allow an MA on your RSI window but say it does. This is what you do:

1. Create RSI in a new window. Set the parameters to 13 and close, and the color to None, so that it doesn't show.

2. Drag the MA indy into the same window as the RSI. Set the values to 2, simple, close, color = Green,

3. Drag the MA indy into the same window as the RSI. Set the values to 7, simple, close, color = Red, and once again,

That should be an exact match to TDI with the settings.
RSI_Period = 13
RSI_Price = 0
RSI_Price_Line...
Thanks you!
But i cant drag an MA into the rsi box
  • #8,299
  • Jul 18, 2011 5:39am Jul 18, 2011 5:39am
Quoting Forethan
Thanks you!
But i cant drag an MA into the rsi box
Forethan,

1. Use the MA from the 'Indicators' list - not the 'Custom Indicators' list.

2. To keep it simple, close any other indicator boxes which you have open.

3. Click and drag the MA into the RSI indicator box.

4. When the MA menu box opens click on 'apply to', then from the drop down menu select 'First Indicator's data'.

It will then appear in the RSI box.
  • #8,300
  • Jul 18, 2011 5:48am Jul 18, 2011 5:48am
Well, followed the game, used the rules, but lost on both AUD and EUR today. Possibly my last loses using this system. Pity, as others seem to win, but it obviously does not suit me. Not much in trading here these days anyway, just discussion on the rules. Pity.

Cheers,

Geoff
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