Another simple system - Time-Frame 15 | Page 524 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Multi time frame Simple MACD system 824 replies

Time Frame Vs Personality, Which to choose as Main Time Frame? Who Are You? 10 replies

Multiple Time Frame Trading: In a divergence, which frame dictates? 6 replies

Time frame and Enter/Exit, Time frame and S/L, T/P relationships. 91 replies

Question on Lower Time Frame Indicators Vs. Longer Time Frame 7 replies

Attachments: Another simple system - Time-Frame 15
Exit Attachments

Another simple system - Time-Frame 15

  • #10,461
  • Oct 21, 2012 1:49am Oct 21, 2012 1:49am
Quoting X-Man
Im sure he retired.
He was making 20% to 30% gains a gain. hehe
im happy for him.
I hope to hear from him 1 day
LOl....i have sent him a PM....will wait for this reply bro.I have invited him to the forum.lets see if he has time for us....GOD bless him

What are u doing on weekends bro?
Let all the living things live blissfully
  • #10,462
  • Oct 21, 2012 1:57am Oct 21, 2012 1:57am
Quoting X-Man
hey there buddy
Could you please send me a chart of any pair that you have .
I think i know why its slow
Its because of the EA that is has on.
If you remove that EA it will be smooth.

Dear Xman

I dont know what to say but as GIBRIL said U all r really very good traders but apart from that very good human beings who r always prepared to help others. I have removed that EA.

One more thing please tell me if broker creates any problem when trader makes regular profits & withdraws it.

Thanks & Regds

Metalman
FIGHT TILL FINISH
  • #10,463
  • Oct 21, 2012 2:01am Oct 21, 2012 2:01am
Quoting loveevery1
LOl....i have sent him a PM....will wait for this reply bro.I have invited him to the forum.lets see if he has time for us....GOD bless him

What are u doing on weekends bro?
This weekend i am mostly at home .
I just went out yesterday a little.

the weather is very dull here and has been raining for the past few days.
Today i am just going to relax and watch movies and eat hehe.

I will also be here on the thread checking up on the posts to help answer questions.
Please guys if you have anything to ask me at all then please ask.
Dont me shy to ask questions.

dont forget that we should practice , practice, practice all the time until we are confident.
Dont lose confidence when you make 1 loss.
you wont will all the trades.
Trading is about taking the high probability trades.

Brother Arjun has showed us methods that will give us very very high probability trades that we keep looking for everyday.

Hows your weekend goig brother Arjun.
I see you here trying to catch up on the posts.

even on a weekend the posting rate is high.
Our fellow brothers and sisters are learning very hard.
I am proud of them
X-man the legendary conqueror of markets
  • #10,464
  • Oct 21, 2012 2:09am Oct 21, 2012 2:09am
Quoting X-Man
This weekend i am mostly at home .
I just went out yesterday a little.

the weather is very dull here and has been raining for the past few days.
Today i am just going to relax and watch movies and eat hehe.

I will also be here on the thread checking up on the posts to help answer questions.
Please guys if you have anything to ask me at all then please ask.
Dont me shy to ask questions.

dont forget that we should practice , practice, practice all the time until we are confident.
Dont lose confidence when you make 1 loss.
you wont...
Hey X-Man..

I never really used the TDI until I found this thread..
I notice you don't use it any more but I was wondering why not as the more I look into the indicator it seems to be a very powerful tool that can be used in many different ways....
Is it a case of all we need are these ema's and S/R with PA so no need for the TDI??

Cheers,
Adrian
  • #10,465
  • Oct 21, 2012 2:15am Oct 21, 2012 2:15am
Hey X-Man..

Guess what...you pipped Pip26, http://www.forexfactory.com/showthre...15#post6110515..your now the new Mr 10 000
  • #10,466
  • Oct 21, 2012 2:23am Oct 21, 2012 2:23am
Quoting Metalman
Dear Xman

I dont know what to say but as GIBRIL said U all r really very good traders but apart from that very good human beings who r always prepared to help others. I have removed that EA.

One more thing please tell me if broker creates any problem when trader makes regular profits & withdraws it.

Thanks & Regds

Metalman
No i didnt have any problems at all.
I will PM you more about this as it doesnt relate to the thread.
X-man the legendary conqueror of markets
  • #10,467
  • Oct 21, 2012 2:29am Oct 21, 2012 2:29am
Quoting Ramjet
Hey X-Man..

I never really used the TDI until I found this thread..
I notice you don't use it any more but I was wondering why not as the more I look into the indicator it seems to be a very powerful tool that can be used in many different ways....
Is it a case of all we need are these ema's and S/R with PA so no need for the TDI??

Cheers,
Adrian
yes i agree. The TDI is very very powerful when we know how to use it.
I dont use it now coz my eyes are set to how the price flows with the 10ema.
if i use the TDI it will allow me to miss some good opportunites at times.

I would recommend the TDI to the noobs as training wheels before getting rid of it.
the TDI also can be used for divergences so a trader dont have to get rid of it at all.
X-man the legendary conqueror of markets
  • #10,468
  • Oct 21, 2012 2:30am Oct 21, 2012 2:30am
Quoting Ramjet
Hey X-Man..

Guess what...you pipped Pip26, http://www.forexfactory.com/showthre...15#post6110515..your now the new Mr 10 000
how did that happen?
hehe people are deleting posts?
X-man the legendary conqueror of markets
  • #10,469
  • Oct 21, 2012 2:33am Oct 21, 2012 2:33am
Quoting X-Man
yes i agree. The TDI is very very powerful when we know how to use it.
I dont use it now coz my eyes are set to how the price flows with the 10ema.
if i use the TDI it will allow me to miss some good opportunites at times.

I would recommend the TDI to the noobs as training wheels before getting rid of it.
the TDI also can be used for divergences so a trader dont have to get rid of it at all.
Yes, I like the idea of it being used for divergence as before I use to use the MACD for that but now with 1 indicator you can get the MACD use.. plus a lot more..
  • #10,470
  • Oct 21, 2012 2:41am Oct 21, 2012 2:41am
Quoting loveevery1
now...how did i know if the price was going to fall ?...are you telling me it was a resistance line from 4hrs.yes you are right. then why you folks dint take it ?


this is where confidence comes in.our mind is very scared to lose.so its doubts every setup which comes up.you cannot learn cycling without falling..fall and and learn.if you have any slightest doubt ask me i wil be there for you..even if i leave this thread.i wil be in touch through email and phone.
Hi Love every 1

How come u say "even if I leave this thread" . U cant say so as it is u who created it & made so many learn & earn the art of trading in Forex. It has brought so many good trader to join u in making newbies learn & earn.

Regds
FIGHT TILL FINISH
  • #10,471
  • Oct 21, 2012 2:47am Oct 21, 2012 2:47am
Quoting X-Man
This weekend i am mostly at home .
I just went out yesterday a little.

the weather is very dull here and has been raining for the past few days.
Today i am just going to relax and watch movies and eat hehe.

I will also be here on the thread checking up on the posts to help answer questions.
Please guys if you have anything to ask me at all then please ask.
Dont me shy to ask questions.

dont forget that we should practice , practice, practice all the time until we are confident.
Dont lose confidence when you make 1 loss.
you wont...
Bro x-man...just finishd lunch.managing somewhat with this slow internet connection.it takes ages to even post.Im happy that you are here even on weekends...guys plz ask questions when he/gibril is around.
Let all the living things live blissfully
  • #10,472
  • Oct 21, 2012 2:50am Oct 21, 2012 2:50am
Quoting Metalman
Hi Love every 1

How come u say "even if I leave this thread" . U cant say so as it is u who created it & made so many learn & earn the art of trading in Forex. It has brought so many good trader to join u in making newbies learn & earn.

Regds
Thanks for you love my friend.I will not leave now.but there is a day you and me will have to leave.when i feel i have fulfilled the purpose i would hhave to leave the thread but i will be in touch always...

Stay blessed brother
Let all the living things live blissfully
  • #10,473
  • Oct 21, 2012 2:59am Oct 21, 2012 2:59am
Quoting ForexNerds
Dear All,

I am just another lost soul that is trying to make money in forex and somehow I wasn't succeeding so far. Then I found you guys. I am still learning and by learning I mean that I am studying this thread and charts for up to 14 hours per day. I am basically breathing forex and the best thing about it is that I don't feel exhausted at all. It is a wonderful thing to work on something that brings you joy and hopefully also some money at the end of the day.

This thread is truly blessed, not only with incredibly successful traders, but also...
bro many many thanks for your time and efforts.few days back i requested to someone to do this and you did.it will be real jewel and light for coming days.God bless you All.
Say something meaningful or Silence!!
  • #10,474
  • Oct 21, 2012 3:01am Oct 21, 2012 3:01am
Quoting X-Man
No i didnt have any problems at all.
I will PM you more about this as it doesnt relate to the thread.
Thanks Xman for replying this. Some around me told me that these broker community has this trend with them. As long as u lose, they r happy but once u start making consistent profits or u stop making lossed, they play tricks to put ur trade in a loss.

One of my friend has had a real bitter experience with a broker. I dont think I m allowed to name that broker here. But the trick that broker implemented was that everytime my friend made 2-3 successful trades, broker used to widen spread all of a sudden from normal 1 to 5, 10 , 20 & made him wait to cross these widened spread or if price reversal, lose the trade in heavy losses.

Hope u people could start educating newbies in this field also but dont know whether doing this is ok with the thread or FF or otherwise.

Anyway lots of thanks for a prompt & quick reply.

Metalman
FIGHT TILL FINISH
  • #10,475
  • Oct 21, 2012 3:07am Oct 21, 2012 3:07am
Hey Arjun..

I was wondering when you get trades like these with a lot of confluence on the weekends would you actually put in a sell limit??

Cheers,
Adrian
Attached Image (click to enlarge)
Click to Enlarge Name: Usd-Cad.png Size: 16 KB
  • #10,476
  • Oct 21, 2012 3:11am Oct 21, 2012 3:11am
Dear All

We thank each other & help each other so often.

Just a thought, Do we ever thank FF for having created this forum for the entire trader community to meet at one place & express, share, co-operate each other & take benefit without having to pay even a single penny.

Lets all join hand together to show our heartfelt feelings of being obliged to FF for this all. Lets wish that this FF gets even bigger & better in the days to come & become an example of how the entire world can have no geographical limitations & every trader feels being near to each other.

Lets also wish that people like Arjun, pip 26, Xman, Gibril, Assange & more such be on FF to make trader have more fun & moral in their lives to make this world beautiful.
FIGHT TILL FINISH
  • #10,477
  • Oct 21, 2012 3:20am Oct 21, 2012 3:20am
Quoting loveevery1
Thanks for you love my friend.I will not leave now.but there is a day you and me will have to leave.when i feel i have fulfilled the purpose i would hhave to leave the thread but i will be in touch always...

Stay blessed brother

Dear LE1

So u think a day will come when ur purpose will be fulfilled.

Master, u will NEVER be able to say so. Reason, It is so often that a new trader comes & joins the thread & this will continue forever. Even I want so many losing traders & new trader to join the thread & read it carefully. They definitely will have so many things to learn & ask.

Of course, as GIBRIL said there r 3 musketeers who r busy making traders learn & earn & more may be there in coming days but .........

Metalman
FIGHT TILL FINISH
  • #10,478
  • Oct 21, 2012 3:25am Oct 21, 2012 3:25am
Quoting loveevery1
When will you wait for TP to get hit?
When will you keep less TP?
When will you keep more TP.?
How will it get hit easily without stress?
What is your LOT size.will you get hurt if it takes out your SL?
What is the amount of loss that it has done to your feelings?
Hi ALL,

For every trade decision, I only decide my entry price and the initial stop loss (SL) and this SL is the Risk or 'R'.

The initial SL 'R' will be use for Position Sizing i.e. to determine the Lot size.

For all my trades, I need to see a potential Risk Reward R:R of 1: 1.5 for me to decide whether or not to take the trade.

Attached are two scripts which I modified for use in the M15 TF. The original scripts I use are for trading higher H4 TF.

If you like to use these scripts, first try them out and understand how it is use for you to look at where your TP levels are with reference to the inital R.

Important Noe:
1. These are scripts, so yu must copy these to your MT4 folder ..expertscript.. folder

2. These drawn lines are based on the EP. You must adjust your SL level according to your trade, and the TP levels will be drawn according to the R factor.

3.How you manage your trades is your own decision.

Let me know if there is any error.

Regards,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Draw lines BUY EP SL TP.png Size: 96 KB
Click to Enlarge Name: Draw lines Sell EP SL TP.png Size: 94 KB
Attached File(s)
File Type: mq4 Draw_Lines Buy EP SL TP.mq4   2 KB | 723 downloads
File Type: mq4 Draw_Lines Sell EP SL TP.mq4   2 KB | 705 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,479
  • Oct 21, 2012 3:59am Oct 21, 2012 3:59am
Quoting Metalman
Thanks Xman for replying this. Some around me told me that these broker community has this trend with them. As long as u lose, they r happy but once u start making consistent profits or u stop making lossed, they play tricks to put ur trade in a loss.

One of my friend has had a real bitter experience with a broker. I dont think I m allowed to name that broker here. But the trick that broker implemented was that everytime my friend made 2-3 successful trades, broker used to widen spread all of a sudden from normal 1 to 5, 10 , 20 & made him wait...
just another quick reply.
This is because i dont like to see my brothers osing their hard earned money.
A trader should do extensive research before even going with any broker
See if they have met all the legal requirements etc.
A trader should try to go with an ECN broker rather than a market makers.

You see maker makers bet against you in the trades you take. so if you lose they make money and if you win they lose money.
They dont like losing. No one likes to lose. so what you think they will do to win?

ECN broker does not bet against you. They take a small commision. which i prefer rather thna large spreads.
If we think about it carefully it will make sense if we use logic.
ECN brokers make money whether you win or lose.
so it doen matter to them
So if they are happy and making money then you think they will try tricks?

many traders dont go with ECN brokers coz they dont want to pay that small commission. But think about it in the long run.
we paying a small price to get good service and to make money.
we cant expect everything for free.

This is just my personal advice about how i see things.
I hope this helps.
If am wrong in any way please correct me guys
X-man the legendary conqueror of markets
  • #10,480
  • Oct 21, 2012 4:00am Oct 21, 2012 4:00am
Quoting emmanuel7788
Hi ALL,

For every trade decision, I only decide my entry price and the initial stop loss (SL) and this SL is the Risk or 'R'.

The initial SL 'R' will be use for Position Sizing i.e. to determine the Lot size.

For all my trades, I need to see a potential Risk Reward R:R of 1: 1.5 for me to decide whether or not to take the trade.

Attached are two scripts which I modified for use in the M15 TF. The original scripts I use are for trading higher H4 TF.

If you like to use these scripts, first try them out and understand how it is use for you...
Thats for this my brother
This look useful for setting targets
I will try it out and see how it works for me.
X-man the legendary conqueror of markets
10 traders viewing now