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Trading Made Simple

  • #28,461
  • Dec 30, 2013 5:10am Dec 30, 2013 5:10am
Quoting emmanuel7788
{quote} WDays; hope he knows how to read mql4 coding and make those changes. regards, EMMANUEL Edit: here attached, quick and dirty programming work. {image} {file} {file}

Hello,

I have no idea about the mql4 coding and changing the indicatorsī codes. So i added your indicators to my chart and this is what it looks like.
Thank you very much emmanuel .

Best regards,
Fx94
Attached Image (click to enlarge)
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  • #28,462
  • Edited 6:14am Dec 30, 2013 5:28am | Edited 6:14am
Entered long EU@ 1.3752 hit TP #1 closed @ 1.3758 +5.8 scalp. Closed; near daily pvt and daily high resistance and MM's bearish volume. FYI for those watching Synergy Pro.

Use MT4 for charting and entered on my live ECN platform .03 spread.

Hope you don't mind if posting non-pure TMS chart! if so please advise..........

Regards,
Cigarguy
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_05 Dec. 30 04.29.gif Size: 55 KB
Keep It Simple
  • #28,463
  • Dec 30, 2013 5:56am Dec 30, 2013 5:56am
Quoting emmanuel7788
Chart practice time: Here is GJ example. {image}

I have 2 questions:

a) My broker uses GMT time so now there is 11:56 oīclock. When i see your chart, i see that your second blue candle is included in the london session box.
That means, that london sessions start at 7:00 GMT. But i assumed this times to my indicator for trading sessions:

http://forex.timezoneconverter.com/

Please take a look at my chart and tell me what i am installing false.

b) You have a static TDI indicator, so your scale isnīt changing all the time. My scale does this, and itīs confusing because i have also to see the areas ( 68, 32, 50) and the TDI cross angles. Can you please tell me how to fix this problem ? When you look at my added chart, you will see what i mean.

Obviously it was a good entry signal because the price went down. But when i see the blue pullback candle, i would say itīs a good sign. Then the first red APB candle appears where the TDI cross occurs and this first red candle has also a wick. So i would be insecured about this situation.
Please tell me what you think.

Best regards,
Fx94
Attached Image (click to enlarge)
Click to Enlarge Name: 1q2w.png Size: 29 KB
  • #28,464
  • Dec 30, 2013 6:21am Dec 30, 2013 6:21am
Quoting cigarguy
Entered long EU@ 1.3752 hit TP #1 closed @ 1.3758 +5.8 scalp. Closed; near daily pvt and daily high resistance and MM's bearish volume. FYI for those watching Synergy Pro. Use MT4 for charting and entered on my live ECN platform .03 spread. Hope you don't mind if posting non-pure TMS chart! if so please advise.......... Regards, Cigarguy {image}

cigarguy:

Good scalp trade.

When I scalp using M15 timeframe, I prefer to use the 5SMMA PAC with TMS. Risk Reward will be 1:1 , usually 15 to 20 pips SL and TP.
I love M15 entry when I see 4H swing setups because it allows me good price entry with smaller initial SL. Also good to use when I add positions in running trend.

Attached Image (click to enlarge)
Click to Enlarge Name: EU M15 scalping examples.png Size: 40 KB


regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #28,465
  • Dec 30, 2013 6:37am Dec 30, 2013 6:37am
Quoting emmanuel7788
{quote} cigarguy: Good scalp trade. When I scalp using M15 timeframe, I prefer to use the 5SMMA PAC with TMS. Risk Reward will be 1:1 , usually 15 to 20 pips SL and TP. I love M15 entry when I see 4H swing setups because it allows me good price entry with smaller initial SL. Also good to use when I add positions in running trend. {image} regards, EMMANUEL
Emmanuel7788, yes good method. I'm just playing with the Synergy Pro charts and due to what day it is and the choppy market just jumped in and out fast.
Looks like the MM's did a pump and dump on the 26th on the EU and now ranging. I don't have much confidence in much of a trade right now.

Just me 2 cents!

Happy Holidays

Regards,
Cigarguy
Keep It Simple
  • #28,466
  • Dec 30, 2013 7:13am Dec 30, 2013 7:13am
Quoting emmanuel7788
Chart practice time: Here is GJ example. {image}
I was trading the 1 hour chart for a bit but now only the 4 hour and I wouldn't have enter at that point because PA and TDI are not in sync.

PA is making higher highs and higher lows, so at the point you posted the picture the reversal was not confirmed by PA until we have a LH.

Also we are in a very strong uptrend and must expect pullbacks!
Attached Image (click to enlarge)
Click to Enlarge Name: GJ 1hour.png Size: 134 KB
Give yourself a chance and trade it like it's layed out...
  • #28,467
  • Dec 30, 2013 9:03am Dec 30, 2013 9:03am
Quoting Bizzzle
{quote} I was trading the 1 hour chart for a bit but now only the 4 hour and I wouldn't have enter at that point because PA and TDI are not in sync. PA is making higher highs and higher lows, so at the point you posted the picture the reversal was not confirmed by PA until we have a LH. Also we are in a very strong uptrend and must expect pullbacks! {image}
There's a bearish divergence. This is one of my favorite setups, too. A pullback bar, TDI cross and APB changes color. I would have taken it if I traded GJ or traded at all before next week.
  • #28,468
  • Dec 30, 2013 9:06am Dec 30, 2013 9:06am
Quoting emmanuel7788
{quote} WDays; hope he knows how to read mql4 coding and make those changes. regards, EMMANUEL Edit: here attached, quick and dirty programming work. {image} {file} {file}
There you go
  • #28,469
  • Edited 10:25am Dec 30, 2013 10:05am | Edited 10:25am
Hi,

Thank you hupiko for sharing compiled charts of Phx62. I have gone through 200 pages and have following query. I hope some one can help me to understand this.

While analyzing Price action(Marked with up arrow) if I have pulling candle on synergy candle and at the same time price bar is not a pulling candle, should I focus on synergy candle or price bar or I consider any of this whenever there is pulling synergy candle or pulling price bar. Please suggest !

Thanks
Manoj
Attached Image (click to enlarge)
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  • #28,470
  • Dec 30, 2013 11:56am Dec 30, 2013 11:56am
hi everyone,

does anyone use a TDI with alerts to signal / email etc when green cross red ?
more so i would like the alert when green cross MBL -
i have TDI with alerts V2 - buy cannot seem to get it to signal green grossing yellow...

many thanks in advance if anyone can help out with this..

lets hope for a fantastic new year to all..

nelly..
  • #28,471
  • Dec 30, 2013 12:08pm Dec 30, 2013 12:08pm
Quoting manoj_3986
Hi, Thank you hupiko for sharing compiled charts of Phx62. I have gone through 200 pages and have following query. I hope some one can help me to understand this. While analyzing Price action(Marked with up arrow) if I have pulling candle on synergy candle and at the same time price bar is not a pulling candle, should I focus on synergy candle or price bar or I consider any of this whenever there is pulling synergy candle or pulling price bar. Please suggest ! Thanks Manoj {image}
I would suggest use one or the other, I personally only use APB's! The candle you circled is a pullback candle, where price will shoot one way trying to gain sellers and then pullback and finish higher! A kind of fakey candle if your not waiting for a close to open a trade.

If you back-test these candles, you will find they can be very successful.

I have circled some more on your chart:
Attached Image (click to enlarge)
Click to Enlarge Name: man chart.png Size: 39 KB
Give yourself a chance and trade it like it's layed out...
  • #28,472
  • Dec 30, 2013 1:28pm Dec 30, 2013 1:28pm
Quoting emmanuel7788
Chart practice time: Here is GJ example. {image}
Hi Emmanuel,

I am learning from experts like you. Here is my thinking, please correct me if I am wrong. The setup is ok for small scalp trade only. If we check in last two days market is moving in a range close to 68 (TDI) and no clear trend although good TDI crossing (4-6) and entry candle without lower wick. Please advise?

Thanks.
  • #28,473
  • Dec 30, 2013 1:43pm Dec 30, 2013 1:43pm
Quoting cigarguy
Entered long EU@ 1.3752 hit TP #1 closed @ 1.3758 +5.8 scalp. Closed; near daily pvt and daily high resistance and MM's bearish volume. FYI for those watching Synergy Pro. Use MT4 for charting and entered on my live ECN platform .03 spread. Hope you don't mind if posting non-pure TMS chart! if so please advise.......... Regards, Cigarguy {image}
Hi Cigarguy,

Please drag and drop your actual trades on the chart. It will be much easier to see your entry and exits.

Thanks in advance.
  • #28,474
  • Dec 30, 2013 3:21pm Dec 30, 2013 3:21pm
Hi guys,

Im having a little problem configuring the code of an indicator. The indicator is Daily Range by PeterE, and I want to transform it to a Weekly Range one (even if I have no idea of coding, after searching a little bit in MQL4 website I think i did it), is attached in case any of you would want it, I would appreciate if you can tell me if it is correct or not.

Also, and more important, my main objective was having both indicators in the same chart (both Daily and Weekly range, they create and object, text label) but when I insert the second one, the first is deleted and I don't know why.

Could any of you made a (well, I think it is) really simple change to merger both indicators in one single text label? Or at least explain me how could I do to insert both in the same chart.

Thank you very much!
Attached File(s)
File Type: mq4 Daily Range.mq4   2 KB | 392 downloads
File Type: mq4 Weekly Range.mq4   2 KB | 423 downloads
  • #28,475
  • Dec 30, 2013 3:26pm Dec 30, 2013 3:26pm
Quoting hoperich
{quote} Hi Cigarguy, Please drag and drop your actual trades on the chart. It will be much easier to see your entry and exits. Thanks in advance.
Yes that would give a clear picture of trades, but I have 3 computers and 4 monitors working. My ECN Broker and cTrader Platform that I place my live trades through is on one computer with 2 monitors. The other 2 computers are running MT4 for charting purposes and thread communication only. One with a TMS chart and a non TMS chart that I don't want to post in this thread. I don't place live trades with my MT4 charts and I don't demo trade. The best I can offer is entry, exits and reasons for both. This doesn't help much, but this was the earlier quick live scalp that I posted using the Synergy Pro signals. I am not yet confident with the charts and closed much to soon and missed lots of pippin.

Regards,
Cigarguy
Attached Image
Keep It Simple
  • #28,476
  • Dec 30, 2013 3:38pm Dec 30, 2013 3:38pm
Quoting cigarguy
{quote} Yes that would give a clear picture of trades, but I have 3 computers and 4 monitors . Regards, Cigarguy {image}
Thank you. Yes, 5.8 pips scalp seems to be low. But well not a good time for trading until New Year.

Happy New Year to all. Make tons of pips.
  • #28,477
  • Dec 30, 2013 5:11pm Dec 30, 2013 5:11pm
Quoting hoperich
{quote} Thank you. Yes, 5.8 pips scalp seems to be low. But well not a good time for trading until New Year. Happy New Year to all. Make tons of pips.

Yes it is, but all I need is 10 pips a day live. Those quick scalps gave me 8.3 net.!

Regards,
Cigarguy
Keep It Simple
  • #28,478
  • Dec 30, 2013 6:08pm Dec 30, 2013 6:08pm
Ive got one curious question, I dont trade when the candles are small..but whats the minimum sized candle we can start our trades on? Screenshot example please? thank you
YOUR MOTHERS ASS
  • #28,479
  • Dec 30, 2013 7:41pm Dec 30, 2013 7:41pm
Hi Emmanuel,
This is my first post. i was a silent follower for 7 months. i thought it's the high time to speak out.
Answer for GJ Post : 28467
Please give your opinion.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ 30 Dec H1 setup example.png Size: 74 KB
  • #28,480
  • Dec 30, 2013 8:16pm Dec 30, 2013 8:16pm
Quoting Bizzzle
{quote} I would suggest use one or the other, I personally only use APB's! The candle you circled is a pullback candle, where price will shoot one way trying to gain sellers and then pullback and finish higher! A kind of fakey candle if your not waiting for a close to open a trade. If you back-test these candles, you will find they can be very successful. I have circled some more on your chart: {image}
Thank you very much Bizzle for your valuable inputs.
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