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Trading Made Simple

  • #23,881
  • Aug 22, 2013 4:24am Aug 22, 2013 4:24am
Quoting emmanuel7788
{quote} Hi TheScorpS, I am not sure of that TRO ... indy yet. From the coding, it is supposed to show you the candle colours with reference to the moving average. Do not use unless there is description of the system that TRO indy is being used. If you want a MTF dashboard, tell me what you want exactly that to show and I may have something 'off the shelf' which I can pull out for you. regards, EMMANUEL
Yes Emmanuel , I am very much would like to find an indi that can be used with TMS to show multitime frame like the EMA 10 Dashboard

Like the one used by Phx62 which can help us identify trends on different frames for easier navigation and easier overall trad management

for example M1 M5 M30 H1 H4 D1 W1 MN where each time frame will have a color red or blue based on moving average I guess

Thanks a lot for your hard work
I Have Learned to Take Some Losses to Make Profits
  • #23,882
  • Aug 22, 2013 4:41am Aug 22, 2013 4:41am
I grabbed EJ long at 131.187, Saw a inversed hammer forming so I closed 1/2 my position at 29 pips and moved to BE. The rest is up 35 pips as I type this, going to let it run if I can.
  • #23,883
  • Aug 22, 2013 4:57am Aug 22, 2013 4:57am
Quoting emmanuel7788
{quote} Just switch charts to show as Bar Chart to see the real price OHLC on the APB. Then select Foreground chart. It on your MT4 menu or simply pres "Alt+1".
Thanks Emmanuel
  • #23,884
  • Aug 22, 2013 5:08am Aug 22, 2013 5:08am
Quoting emmanuel7788
{quote} Hi TheScorpS, I am not sure of that TRO ... indy yet. From the coding, it is supposed to show you the candle colours with reference to the moving average. Do not use unless there is description of the system that TRO indy is being used. If you want a MTF dashboard, tell me what you want exactly that to show and I may have something 'off the shelf' which I can pull out for you. regards, EMMANUEL
Hi emmanuel

Whether scorps wants one or not, I definitely require one, which I made a request few pages back. But no one responded. I just require an alert indi or a dash board which indicate when ever Green cross red. I trade in most of the pairs.

2. I made a sell entry this morning in EURAUD, which is still consolidating around 68. I saw your comment else where that the AUD is weaker than EUR. Please comment now after good EUR data.

3. I find that there are many aspects to be considered before entering. Then TMS is no more simple. I just want a simple rules (1 or 2 max) to trade. In other words I want a TMS on TMS in H4. Is that possible? Please do not tell me that I can not trade unless I check these or that. Even at a success rate of 50:50 one can make profits in H4. I recollect having read some were that george Soros trained few fit for nothing candidates to become top traders by following simple rules. can't we do that?

FX..
  • #23,885
  • Aug 22, 2013 5:25am Aug 22, 2013 5:25am
Quoting Fx-optimus
{quote}3. I find that there are many aspects to be considered before entering. Then TMS is no more simple. I just want a simple rules (1 or 2 max) to trade. In other words I want a TMS on TMS in H4. Is that possible? Please do not tell me that I can not trade unless I check these or that. Even at a success rate of 50:50 one can make profits in H4. I recollect having read some were that george Soros trained few fit for nothing candidates to become top traders by following simple rules. can't we do that? FX..
I've found that by trading it pretty much as outlined in the first post 4H TF is what you're looking for. I saw the EA trade you took but I did not take it, I switched to regular candlesticks and the price action looked horrible. Alot of down and up that was was still moving higher. The bear candle did not break any lows. With that being said I've seen the same PA shoot down for a few hundred pips also. I've been taking 4h Trades with around a 40-50 pip stop loss and really trying to grab 100-150 pips or more, alot of BE and some losses but the winners make up for it.

Now 1H. . . I'm getting owned lol. I am not using APB since I don't have them, and HA candles are not working for me. I'm only grabbing trades that are painfully obvious, like PA begining to move up out of consolidation then down (pullback candle preferably) and then back up above the 5ema; with 4H TF confirming (I basically just look at 4H and see if it looks ready to accept a rally).
  • #23,886
  • Aug 22, 2013 5:27am Aug 22, 2013 5:27am
Quoting gsbharaj
{quote} you keep all the indicators in the experts>indicators folder

thanks but that wasnt my question why do ex files not save the same as mq?
  • #23,887
  • Aug 22, 2013 5:41am Aug 22, 2013 5:41am
Quoting emmanuel7788
{quote} Hi TheScorpS, I am not sure of that TRO ... indy yet. From the coding, it is supposed to show you the candle colours with reference to the moving average. Do not use unless there is description of the system that TRO indy is being used. If you want a MTF dashboard, tell me what you want exactly that to show and I may have something 'off the shelf' which I can pull out for you. regards, EMMANUEL
Hi, Emmanuel

By any chance, do you have any simple 60 SMA based MTF dashboard?

Thanks
Justin
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #23,888
  • Aug 22, 2013 5:44am Aug 22, 2013 5:44am
Hi All,

I'm not sure what action to take here looking at the TDi. Anyone please advise
Attached Image (click to enlarge)
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Be the dragon master...
  • #23,889
  • Aug 22, 2013 6:04am Aug 22, 2013 6:04am
Quoting mastersm
Hi All, I'm not sure what action to take here looking at the TDi. Anyone please advise {image}
I left it alone, taking a short there after such a large sell off seemed too risky, and PA seemed to be slowing down. I wouldn't enter Long until I see a nice PA reversal candle and the TDI red and green lines both looking ready to move up.
  • #23,890
  • Aug 22, 2013 6:14am Aug 22, 2013 6:14am
Quoting mastersm
Hi All, I'm not sure what action to take here looking at the TDi. Anyone please advise {image}
I dont trade this pair but i see it like this...

the previous retracemnets have been 20 - 50 pips in size so if you go counter trend this has to be the targets, you have regular bullish divergence at the minute.
you may not get a decent entry on the 1H you may need to use PA and 15M chart.

other wise wait for price to return to the main trend and sell, looks like it could go another 70 pips looking at the last 4H swing low.

Just my quick view of it
  • #23,891
  • Aug 22, 2013 6:23am Aug 22, 2013 6:23am
After reading everything here I still have problem whether the price will bounce back at the pivot, support and resistance or cross it...sometimes it crosses and I buy or sell and then it turns back....so depressed
Come tomorrow, I'll wake up new
  • #23,892
  • Aug 22, 2013 6:42am Aug 22, 2013 6:42am
Quoting gsbharaj
After reading everything here I still have problem whether the price will bounce back at the pivot, support and resistance or cross it...sometimes it crosses and I buy or sell and then it turns back....so depressed
There are a number of factors involved not just crossing a line, you have to look at the overall trend, and the Price Action at these areas.
  • #23,893
  • Aug 22, 2013 6:47am Aug 22, 2013 6:47am
Quoting Sicarius
{quote} There are a number of factors involved not just crossing a line, you have to look at the overall trend, and the Price Action at these areas.
I have looked at the price action it crosses the zones fast and then reverts immediately. ..can someone guide me please
Come tomorrow, I'll wake up new
  • #23,894
  • Aug 22, 2013 6:47am Aug 22, 2013 6:47am
Thank you guys.

I will stay away from this kind of set up to be on a safe side.
Be the dragon master...
  • #23,895
  • Aug 22, 2013 6:54am Aug 22, 2013 6:54am
Quoting gsbharaj
{quote} I have looked at the price action it crosses the zones fast and then reverts immediately. ..can someone guide me please

gsbharaj,

You post your chart of every trade you take and write down your thoughts based on what you see and give 5 reasons why you took the trade.
I'll guide you only on the condition you post with your charts.

regards,
EMAMNUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,896
  • Aug 22, 2013 7:00am Aug 22, 2013 7:00am
Quoting millionare
Question though i have this guy telling me about trading gold and it seems very viable and he has a software that will do all the forecasting and monitoring. I think this makes it real simple. If it tell you when to trade in real time then it is a keeper
Not to sound rude but whats that got to do with TMS?
  • #23,897
  • Aug 22, 2013 7:08am Aug 22, 2013 7:08am
Quoting millionare
Question though i have this guy telling me about trading gold and it seems very viable and he has a software that will do all the forecasting and monitoring. I think this makes it real simple. If it tell you when to trade in real time then it is a keeper
Maybe you should test this system on your own first to backup your testimony. Then open a different Forum Tittle. If you read the terms of TMS, this is not a commercial place. I hope this does not offend you in any way.
Be the dragon master...
  • #23,898
  • Aug 22, 2013 7:09am Aug 22, 2013 7:09am
Quoting Fx-optimus
{quote} Hi emmanuel Whether scorps wants one or not, I definitely require one, which I made a request few pages back. But no one responded. I just require an alert indi or a dash board which indicate when ever Green cross red. I trade in most of the pairs. 2. I made a sell entry this morning in EURAUD, which is still consolidating around 68. I saw your comment else where that the AUD is weaker than EUR. Please comment now after good EUR data. 3. I find that there are many aspects to be considered before entering. Then TMS is no more simple. I just...

EURAUD - price pullback from 1.4900, historical S&R.
Now we see PA vs TDI bearish divergence on H4.
No bearish reversal yet.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,899
  • Aug 22, 2013 7:18am Aug 22, 2013 7:18am
Quoting Fx-optimus
{quote} Hi emmanuel Whether scorps wants one or not, I definitely require one, which I made a request few pages back. But no one responded. I just require an alert indi or a dash board which indicate when ever Green cross red. I trade in most of the pairs. 2. I made a sell entry this morning in EURAUD, which is still consolidating around 68. I saw your comment else where that the AUD is weaker than EUR. Please comment now after good EUR data. 3. I find that there are many aspects to be considered before entering. Then TMS is no more simple. I just...
TDI with Alerts:

There were several of such TDi with Alerts posted in this thread.
Go back and look in the attachmenst using the FF paper clip feature.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,900
  • Aug 22, 2013 7:23am Aug 22, 2013 7:23am
Quoting Fx-optimus
{quote} ..... 3. I find that there are many aspects to be considered before entering. Then TMS is no more simple. I just want a simple rules (1 or 2 max) to trade. In other words I want a TMS on TMS in H4. Is that possible? Please do not tell me that I can not trade unless I check these or that. Even at a success rate of 50:50 one can make profits in H4. I recollect having read some were that george Soros trained few fit for nothing candidates to become top traders by following simple rules. can't we do that? FX..

TMS entry and exits rules are so few.
- TDI cross
- APB change colour candle #1 and #2
- Stoch confirms
- PA
- Supp/Res.

You mentioned George Soros. Is George Soros a trader or an investor?
You know the Turtle traders? they also trade a very simple system and became very rich. But they eventually also lost a lot of money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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