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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

  • #14,601
  • Feb 16, 2012 11:06am Feb 16, 2012 11:06am
Such a clear entry for the last H4 candle on london session..

Pullback candle and steep TDI cross up in the 32 zone with stoch 8.3.3 confirmation, yellow 5EMA crossing the entry candle to move below PA showing our way up in a possible strong bulltrend.

Classic H4 TMS entry...beautiful!
  • #14,602
  • Feb 16, 2012 8:25pm Feb 16, 2012 8:25pm
I am supriced this system can really win 70-80%, how many trades is that based on? what about the whipsaws that normally affects this kind of system? Im not saying it isn't good, just curious. and I hope the creator is well again soon, cheers
Bulls are stupid Animals!especially when Im short!
  • #14,603
  • Feb 17, 2012 1:27am Feb 17, 2012 1:27am
Quoting roughtrader
I am supriced this system can really win 70-80%, how many trades is that based on? what about the whipsaws that normally affects this kind of system? Im not saying it isn't good, just curious. and I hope the creator is well again soon, cheers
well I really do believe this system has a 70% to 80% win rate.
Currently i have a 90% to 100% per week win rate.

Well its the whipsaws that causes the 20% to 30% loss on this system lol. If it wasnt for the whipsaws there would be a higher win rate .

If you want to weekly results i post them up on my thread "x-mans super simple system"
X-man the legendary conqueror of markets
  • #14,604
  • Feb 17, 2012 12:40pm Feb 17, 2012 12:40pm
Quoting X-Man
well I really do believe this system has a 70% to 80% win rate.
Currently i have a 90% to 100% per week win rate.

Well its the whipsaws that causes the 20% to 30% loss on this system lol. If it wasnt for the whipsaws there would be a higher win rate .

If you want to weekly results i post them up on my thread "x-mans super simple system"



That sounds great, the whipsaws are what normally trash systems like this,
but I guess nothing is impossible, Im looking forward to your weekly results
Bulls are stupid Animals!especially when Im short!
  • #14,605
  • Feb 17, 2012 2:04pm Feb 17, 2012 2:04pm
Quoting X-Man
well I really do believe this system has a 70% to 80% win rate.
Currently i have a 90% to 100% per week win rate.

Well its the whipsaws that causes the 20% to 30% loss on this system lol. If it wasnt for the whipsaws there would be a higher win rate .

If you want to weekly results i post them up on my thread "x-mans super simple system"
if it was'nt for whipsaws we would all be Millionaires ..

but when the Losses are minimized and the WINS are maximised those Whipsaw's or Losses are just part of the Game or Business in Forex, your system is Simple & Great.

keep up the good work
Don't forget Practice + Patience + Persistence = Profits
  • #14,606
  • Feb 17, 2012 4:56pm Feb 17, 2012 4:56pm
Quoting Noosaville
Thanks for your post Britpip7. and we all appreciate you looking after the thread, I didn't understand where to find and usr the search tool. Very Sorry to hear of Big E's illness, we owe him a lot.
think something got lost in translation - X-Man is looking after the TMS thread - I have my own TMS for day charts thread.

Big E gave us all so much and we owe it to him to keep the dream running.
"To live with Passion, it takes Courage and Grace to survive"
  • #14,607
  • Feb 19, 2012 8:54pm Feb 19, 2012 8:54pm
  •  sam21
  • | Joined Aug 2010 | Status: Soon to be employed by the market | 125 Posts
Can some one please modify this indicator , i would like two horizantal line to be added to the top and bottom, first one will be 25 pipe fix and the second will be 50 pips fix above and below the asia channel, the channel will still be able to expand but those lines will be fix, reason it will help me to see the hi/low of the day.

indi is here http://www.forexfactory.com/showthre...11188&page=298
  • #14,608
  • Feb 20, 2012 4:32am Feb 20, 2012 4:32am
Over the weekend I was googling Average Price Bars, and I found the attached PDF written (possibly) by Dean Malone.

The following pictures extracted from the PDF will show you the correct way to read Average Price Bars:
http://img545.imageshack.us/img545/3610/70869171.jpg
http://img718.imageshack.us/img718/2510/28210282u.jpg
http://img21.imageshack.us/img21/645/51011566.jpg
http://img535.imageshack.us/img535/7139/87606857.jpg

Best,

Pete
Attached File(s)
File Type: pdf TDI_1.pdf   254 KB | 1,054 downloads
  • #14,609
  • Feb 20, 2012 8:50am Feb 20, 2012 8:50am
2-sell audusd h1

Attached Image (click to enlarge)
Click to Enlarge Name: pic 2-sell audusd h1.gif Size: 54 KB
  • #14,610
  • Feb 20, 2012 8:51am Feb 20, 2012 8:51am
Quoting amiralifx
2-sell audusd h1

Attachment
tp= +16 pips
  • #14,611
  • Feb 20, 2012 12:14pm Feb 20, 2012 12:14pm
Quoting TheMaxx
Over the weekend I was googling Average Price Bars, and I found the attached PDF written (possibly) by Dean Malone.

The following pictures extracted from the PDF will show you the correct way to read Average Price Bars
Thanks, thats interesting, do you know how they are calculated?
they look just like HA candles
Bulls are stupid Animals!especially when Im short!
  • #14,612
  • Feb 20, 2012 1:19pm Feb 20, 2012 1:19pm
Quoting roughtrader
Thanks, thats interesting, do you know how they are calculated?
they look just like HA candles
the Heiken Ashi vs Synergy APB (Average Price Bars)

im a big fan of HA and i was also wondering before several months ago what was the difference between both Synergy APB and HA, i did some comparisons by putting HA's both Methods & Periods all at "1" and it was very close but not exactly what the Average price bars was showing, my conclusion is SYNERGY APB which is based on HA are a bit more accurate than HA, because it's calculated a bit differently (see below)

Quote
The bar close value is calculated differently:

Heikin Ashi:
Inserted Code
  haClose=(Open[pos]+High[pos]+Low[pos]+Close[pos])/4;
Average price bars (Synergy APB)
Inserted Code
  haClose = (Open[i] + High[i] + Low[i] + Close[i]) / 4.0;
  haClose = (haClose + Close[i]) / 2.0;
Originally Posted by Xaphod
Don't forget Practice + Patience + Persistence = Profits
  • #14,613
  • Feb 20, 2012 2:09pm Feb 20, 2012 2:09pm
Thanks for the info
Bulls are stupid Animals!especially when Im short!
  • #14,614
  • Feb 21, 2012 2:20am Feb 21, 2012 2:20am
Hi im a new trader using mt4 platform could someone please explain or direct me to a post that shows how to put the indicators into the graph and which ones. sorry if this has come up before thanks for reading
  • #14,615
  • Feb 21, 2012 2:46am Feb 21, 2012 2:46am
Quoting cookie2k
Hi im a new trader using mt4 platform could someone please explain or direct me to a post that shows how to put the indicators into the graph and which ones. sorry if this has come up before thanks for reading
can do better than that, welcome to 21st century learning centre!



Inserted Video
It takes a lot for me to IGNORE you, but you can try.
  • #14,616
  • Feb 21, 2012 3:36am Feb 21, 2012 3:36am
Hi, first of all thanks Big E for this great system, I hope he will be healthy soon. But I have question, this morning I entered a short trade on EUR/GBP, I saw a cross, stoch confirmed, the angle looked good but when i checked the trade hour later, the candle moved in exactly opposite direction and cross on TDI was gone. Does this happen a lot? Or was it my fault? Should I wait for candle to close and then enter?
Thanks in advance for you help
  • #14,617
  • Feb 21, 2012 4:48am Feb 21, 2012 4:48am
Quoting Mav13
Hi, first of all thanks Big E for this great system, I hope he will be healthy soon. But I have question, this morning I entered a short trade on EUR/GBP, I saw a cross, stoch confirmed, the angle looked good but when i checked the trade hour later, the candle moved in exactly opposite direction and cross on TDI was gone. Does this happen a lot? Or was it my fault? Should I wait for candle to close and then enter?
Thanks in advance for you help
Could you please tell me which TF did you trade on the E/G and if you post me a chart that would be also good.
X-man the legendary conqueror of markets
  • #14,618
  • Feb 21, 2012 5:03am Feb 21, 2012 5:03am
I took that trade on 4H, verticle line marks the candle on graph below, I entered on candle open.
Attached Image (click to enlarge)
Click to Enlarge Name: trade.jpg Size: 131 KB
  • #14,619
  • Feb 21, 2012 6:32am Feb 21, 2012 6:32am
why does evertthing that looks so promising end being so dissappointing....or maybe its just me.....hope u guys are making millions
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #14,620
  • Feb 21, 2012 9:50pm Feb 21, 2012 9:50pm
[quote=ceebs;4719016]
Quoting xp3000
Gents,

As I'm learning this system and great thanks to Big E, one line that keeps popping up is news, many people say dont trade when there is big news etc..

XP3000

At a minimum, you need to be aware of the big news events. How you do or do not trade around them or because of them will depend on your personnal style, but trading oblivious to them will definately hurt.

The forex factory news calander service is excellent. It highlights the potential impacts of each news story and even offers a brief explanation...
Hi Ceebs or anyone,
I am only just starting to look at the Calander but wondering where can I get an idea about how differences between Actual Announcement figures and Forecast Announcement figures are likely to affect a pair?
EG how many pips are likely to result from such and such a variance?
Thanks
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