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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

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Trading Made Simple

  • #14,461
  • Jan 27, 2012 5:33am Jan 27, 2012 5:33am
Quoting amiralifx
buy eurjpy [email protected] sl: 100.61 tp: 101.92

Attachment
result : -28 pips
  • #14,462
  • Jan 27, 2012 6:22pm Jan 27, 2012 6:22pm
Wow I have road maps on the whites of my eyes after reading these posts over and over again. I will be testing the system out (dont know why it works right). Thanks to everyone who has contributed so far.
  • #14,463
  • Jan 28, 2012 2:24am Jan 28, 2012 2:24am
Hi guys I need some explanations
I follow this thread for some times (8 months )and use this method in practice with profit, but recently I introduce this system to my friend hi is with fddx when I with Alpari uk, now is problem
His 4h candle appears 6am 10am 2pm 6pm 10pm 2am (london time)
My 4h candle appears 7am 11am 3pm 7pm 11pm 3am (london time) HOW CAN BE LIKE THAT? We got the same price but his 4h candle is 1h earlier then my, so in good circumstances he can entry earlier than me and catch better momentum (profit or loss),or this is no matter?. Thank you all for brilliant threat a specially all seniors
BIG THANK YOU !!
  • #14,464
  • Jan 28, 2012 7:07am Jan 28, 2012 7:07am
hello there guys...attached is the 4hr GU chart...im a follower of this system for a very long time...but it has been very profitable for me....this week i failed on all the short trades....i dint take them all..but took the first 2. since The DAILY chart was showing UP.

can you guys please explain it to me how to avoid these trades which are marked on the chart plez

thanks in advance
Attached Image (click to enlarge)
Click to Enlarge Name: hi.gif Size: 33 KB
  • #14,465
  • Jan 28, 2012 7:25am Jan 28, 2012 7:25am
Quoting georgecv87
hello there guys...attached is the 4hr GU chart...im a follower of this system for a very long time...but it has been very profitable for me....this week i failed on all the short trades....i dint take them all..but took the first 2. since The DAILY chart was showing UP.

can you guys please explain it to me how to avoid these trades which are marked on the chart plez

thanks in advance
I am not sure about this, but maybe we need to wait for a candle to close bellow the sma?
  • #14,466
  • Jan 28, 2012 8:22am Jan 28, 2012 8:22am
Quoting Erebus
1. GBP Index was going up, but turned down, chart 1, 3 other pairs give better trades, go for strong versus weak

2. JPY Index on other hand, maintained strong trend, chart 2

3. TDI cannot be trusted, if trading 4 hour, check the Daily trend or even Weekly

All is not lost, be prepared for retrace, maybe tomorrow, maybe next week, manage risk, be ready

Wait a second...you just turned my world down...
What do you mean TDI cant be trusted if trading 4H.Thought Big E was favouring exactly the 4H chart with TDI as king for entry and exits.Has that changed or what ?
Explain pls
  • #14,467
  • Jan 28, 2012 12:27pm Jan 28, 2012 12:27pm
Quoting georgecv87
can you guys please explain it to me how to avoid these trades which are marked on the chart plez
Don't trade against the trend. Go with the flow
  • #14,468
  • Jan 29, 2012 7:52pm Jan 29, 2012 7:52pm
Quoting willf
Don't trade against the trend. Go with the flow
sometimes risk also is an effective strategy
  • #14,469
  • Jan 29, 2012 11:19pm Jan 29, 2012 11:19pm
Quoting fr_fxtrader
sometimes risk also is an effective strategy
Keep it small though
  • #14,470
  • Jan 30, 2012 1:20am Jan 30, 2012 1:20am
Quoting georgecv87
hello there guys...attached is the 4hr GU chart...im a follower of this system for a very long time...but it has been very profitable for me....this week i failed on all the short trades....i dint take them all..but took the first 2. since The DAILY chart was showing UP.

can you guys please explain it to me how to avoid these trades which are marked on the chart plez

thanks in advance
You should be looking at PA first to assess your enviroment, Your trading against an non-volitile trend, Last week was a risk-on week ( Euro strength ).

When trading against the trend, make sure you have a good reason for it,
not just the TDI, Look for areas of confluence, weekly,monthly closes etc
Big numbers,Look for support and resistance.
Areas where there's more than one reason to enter, add that to the TDI.

It might keep you out of some trouble...Ja
Memories caught in time but never forgotten
  • #14,471
  • Jan 30, 2012 8:19am Jan 30, 2012 8:19am
Quoting migmac
Hello,

what do you think it went wrong on the attach trade?
tdi going down but is a retrace, the trend is up.
  • #14,472
  • Jan 30, 2012 8:43am Jan 30, 2012 8:43am
Hello,

I have tested almost all the indicators for the tdi cross that generate alerts, they don't seem to work properly, for example the TMSTDI_WatchDog.ex4 works fine only for the EURUSD pair for the others it dosen't work fine

The Tdi alerts indicator it seems to be a mess, well anyone have a good indicator with email alerts for the tdi cross?

Thank you
  • #14,473
  • Jan 30, 2012 9:58am Jan 30, 2012 9:58am
Quoting fr_fxtrader
sometimes risk also is an effective strategy
No. That would be called gambling
  • #14,474
  • Jan 30, 2012 2:39pm Jan 30, 2012 2:39pm
Quoting migmac
Hello,

I have tested almost all the indicators for the tdi cross that generate alerts, they don't seem to work properly, for example the TMSTDI_WatchDog.ex4 works fine only for the EURUSD pair for the others it dosen't work fine

The Tdi alerts indicator it seems to be a mess, well anyone have a good indicator with email alerts for the tdi cross?

Thank you
I have a dashboard, that scans all pairs and alerts when a setup appears.

I'll upload it if people are intrested.

Andy
  • #14,475
  • Jan 30, 2012 3:00pm Jan 30, 2012 3:00pm
Quoting Asw
I have a dashboard, that scans all pairs and alerts when a setup appears.

I'll upload it if people are intrested.

Andy
Andy,

I am interested, if you can upload it it will be awsome
  • #14,476
  • Jan 30, 2012 3:10pm Jan 30, 2012 3:10pm
Quoting migmac
Andy,

I am interested, if you can upload it it will be awsome
Drop the indicators in the experts\indicators folder and the templte in the templates folder.

then restart Metatrader, load a chart and the select the tdi remplate, just leave it, don't change tfs or it will refresh, you will get an alert as it happens.
Attached File(s)
File Type: zip TDI.zip   8 KB | 929 downloads
  • #14,477
  • Jan 30, 2012 4:13pm Jan 30, 2012 4:13pm
Quoting Asw
Drop the indicators in the expertsindicators folder and the templte in the templates folder.

then restart Metatrader, load a chart and the select the tdi remplate, just leave it, don't change tfs or it will refresh, you will get an alert as it happens.
Thanks for the dashboard. Can this be used to alert of crosses on a 1 hour time frame?
  • #14,478
  • Jan 30, 2012 5:42pm Jan 30, 2012 5:42pm
Quoting jasonnevis
Thanks for the dashboard. Can this be used to alert of crosses on a 1 hour time frame?
This one will, but I thought it was a H4 stratergy.
Attached File(s)
File Type: mq4 Heiken_Dashboard_H1.mq4   8 KB | 774 downloads
  • #14,479
  • Jan 31, 2012 1:03am Jan 31, 2012 1:03am
Quoting sarmatius
Wait a second...you just turned my world down...
What do you mean TDI cant be trusted if trading 4H.Thought Big E was favouring exactly the 4H chart with TDI as king for entry and exits.Has that changed or what ?
Explain pls
Sarmatius,

I use TDI exclusively for 4hr trading, I can asure you it works very well...


Ja
Memories caught in time but never forgotten
  • #14,480
  • Jan 31, 2012 8:58am Jan 31, 2012 8:58am
Thanks for sharing Asw
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