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Trading Made Simple

  • #33,401
  • Mar 21, 2014 7:04am Mar 21, 2014 7:04am
Quoting Bizzzle
Eu and AJ have nice pullback candles
Closed both my trades at 2pm uk time:

EU for 10 pips

AJ for 1 pip lol

Will post charts later when I get home!!

Done for the week

good luck
Give yourself a chance and trade it like it's layed out...
  • #33,402
  • Mar 21, 2014 7:15am Mar 21, 2014 7:15am
Quoting thinkpad123
{quote} Copy this set file in MQL4>presets folder of your mt4 data folder Open cave manager and go to "inputs" tab From there click on load and open this fxtp.set file which you have already copied there.
hey TP,


That SET file is coming up as a .rar file.

How do I change that to a .SET file so I can save it in the presets folder?

Or do I not have to change it, and MT4 will be able to read it fine as it is using .rar?


Cheers

irishtoffy
  • #33,403
  • Mar 21, 2014 7:19am Mar 21, 2014 7:19am
Quoting azfarjaved
Dear All, any idea about GBP/USD? I entered in BUYING few hours back but position has been stuck.
The way I see it.
- current trend/momentum seem to be going down.
- the level of this wick right here is acting as resistance. The long wick also suggest strong selling power pushing price down.
Attached Image

When trading against the trend price will have a much harder time breaking these S/R so you have to be careful and look only for a very obvious reversal signal.
Everything you can imagine, is real - Pablo Picasso
  • #33,404
  • Mar 21, 2014 7:20am Mar 21, 2014 7:20am
Quoting irishtoffy
{quote} hey TP, That SET file is coming up as a .rar file. How do I change that to a .SET file so I can save it in the presets folder? Or do I not have to change it, and MT4 will be able to read it fine as it is using .rar? Cheers irishtoffy
Use 7Zip or Winrar appliaction to unzip the folder and you will find the .set file in it.

Regards
  • #33,405
  • Mar 21, 2014 7:24am Mar 21, 2014 7:24am
Quoting thinkpad123
{quote} Thanks for checking it and do let me know your feedback after sometime as it will be precious for us , No this EA cannot handle multiple entries. Actually i am struggling too with multiple entries strategy using TMS. I have asked you previously about this but maybe you have not seen it as this thread is moving too fast. If you get a time, do check post num 32696
T123,

sorry missed that post#32696.
just went back to read that now and will post a reply over the weekend.
too many beers having its effect now.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,406
  • Mar 21, 2014 7:30am Mar 21, 2014 7:30am
Quoting thinkpad123
{quote} Thanks for checking it and do let me know your feedback after sometime as it will be precious for us , No this EA cannot handle multiple entries. Actually i am struggling too with multiple entries strategy using TMS. I have asked you previously about this but maybe you have not seen it as this thread is moving too fast. If you get a time, do check post num 32696
Hi thinkpad and Emmanuel,

Kindly find attached scripts. Is this what you guys are looking for? Hope it helps
Attached File(s)
File Type: mq4 Multiple Buy.mq4   2 KB | 507 downloads
File Type: mq4 Multiple Sell.mq4   2 KB | 496 downloads
"Taking Responsibility is The Cornerstone of A Winning Attitude"
  • #33,407
  • Mar 21, 2014 7:30am Mar 21, 2014 7:30am
Quoting irishtoffy
{quote} hey TP, That SET file is coming up as a .rar file. How do I change that to a .SET file so I can save it in the presets folder? Or do I not have to change it, and MT4 will be able to read it fine as it is using .rar? Cheers irishtoffy

unrar it with win rar and place it to mq4 preset folder
Sad i'm not trying to understand PA
  • #33,408
  • Mar 21, 2014 7:34am Mar 21, 2014 7:34am
Quoting Bizzzle
{quote} Closed both my trades at 2pm uk time: EU for 10 pips AJ for 1 pip lol Will post charts later when I get home!! Done for the week good luck
Hi Bizzle,


So do you just take whatever pips the market gives you and close the candle at 2pm GMT?

You don't worry about a set target price at all when using Big E's basic system?

Just close all trades at 2pm no matter what? Even if they're running well and look likely to go another 100+ in the next few CS?

What is your average pip return on each trade so far?


Cheers!

irishtoffy
  • #33,409
  • Mar 21, 2014 7:37am Mar 21, 2014 7:37am
Quoting irishtoffy
{quote} hey TP, That SET file is coming up as a .rar file. How do I change that to a .SET file so I can save it in the presets folder? Or do I not have to change it, and MT4 will be able to read it fine as it is using .rar? Cheers irishtoffy
EXtract the SET file and copy that into preset folder.

I have uploaded it in RAR format because forex factory was giving error while uploading it as a SET profile.

Hope this helps
I am not random, U just can't think as fast as me....
  • #33,410
  • Edited 7:56am Mar 21, 2014 7:40am | Edited 7:56am
Dear TMS posters,

Although I am not new to trading, I am an excited new user of TMS which began in earnest on March 4; since then the model has accumulated a net +268 points of which +72 were in the last 3 days when I started actively following this thread. Returns should improve as my trade analysis shows that positions are being closed too early but maybe that's me being a TMS rookie, however, I am looking at TMS-II and Cave Manager, etc., with a view to maximizing profitability.

There is no doubt that the views, comments, idea exchange and banter contained in this thread are extremely useful, not to mention amusing and for that I thank you enormously. I hope, as my proficiency improves (with your help), to be able to beneficially contribute in the future.

So, as it is a sunny Friday afternoon here on the English/Welsh borders in the UK, I shall take some of these points and invest in some pints!

Have a splendid weekend all
All for one and one for all
  • #33,411
  • Mar 21, 2014 7:44am Mar 21, 2014 7:44am
Quoting thinkpad123
{quote} EXtract the SET file and copy that into preset folder. I have uploaded it in RAR format because forex factory was giving error while uploading it as a SET profile. Hope this helps
Thanks TP. But when I tried to download winrar program I got a warning from my antivirus about adware being installed!
  • #33,412
  • Mar 21, 2014 7:46am Mar 21, 2014 7:46am
Quoting irishtoffy
{quote} Hi Bizzle, So do you just take whatever pips the market gives you and close the candle at 2pm GMT? You don't worry about a set target price at all when using Big E's basic system? Just close all trades at 2pm no matter what? Even if they're running well and look likely to go another 100+ in the next few CS? What is your average pip return on each trade so far? Cheers! irishtoffy
I am not at home at the moment so will answer you in more detail later on when I get home!!

but for a month I am going to trade as big E did and open trades at 6am and 10am and close all trades at 2pm London time!!

My my result this week have been very good will put up my results later when I get home!!

stree free
Give yourself a chance and trade it like it's layed out...
  • #33,413
  • Mar 21, 2014 7:51am Mar 21, 2014 7:51am
Quoting Bizzzle
{quote} I am not at home at the moment so will answer you in more detail later on when I get home!! but for a month I am going to trade as big E did and open trades at 6am and 10am and close all trades at 2pm London time!! My my result this week have been very good will put up my results later when I get home!! stree free
Great thanks Biz!
  • #33,414
  • Mar 21, 2014 8:06am Mar 21, 2014 8:06am
Quoting emmanuel7788
{quote} T123, sorry missed that post#32696. just went back to read that now and will post a reply over the weekend. too many beers having its effect now. regards, EMMANUEL
lolz beer helps trader to get numbers out of his head for a while
I am not random, U just can't think as fast as me....
  • #33,415
  • Mar 21, 2014 8:08am Mar 21, 2014 8:08am
Quoting Libra
{quote} Hi thinkpad and Emmanuel, Kindly find attached scripts. Is this what you guys are looking for? Hope it helps {file} {file}
Thanks Libra

Will check it over next week trading.
I am not random, U just can't think as fast as me....
  • #33,416
  • Mar 21, 2014 8:10am Mar 21, 2014 8:10am
Quoting irishtoffy
{quote} Thanks TP. But when I tried to download winrar program I got a warning from my antivirus about adware being installed!
Dont worry its safe to install
I am not random, U just can't think as fast as me....
  • #33,417
  • Mar 21, 2014 8:17am Mar 21, 2014 8:17am
Quoting emmanuel7788
{quote} gsbharaj, welldone! clean charts helps improve our views on PA, fewer factors in our trade decision making. pulling trigger is a lot easier. I LIKE. regards, EMMANUEL
a word of appreciation from you made my day. thank you so much. it has been a tough journey and this thread has helped me a lot.




usdcad trade closed with +42 pips.

audusd,eurusd still open and running
Attached Image
Come tomorrow, I'll wake up new
  • #33,418
  • Mar 21, 2014 8:17am Mar 21, 2014 8:17am
Quoting akwunomy
{quote} It is understanding...we all have been there...but keeping a trading journal is really helpful. It helped me to analyze what I am doing here and improve...it maybe boring but when you buy that big hard cover book and call it your trading journal try as hard as possible to record every piece of information about a trade...even when the trade is building up...keep making your record...why you want to take the trade, where you will take...and what condition that will make you to exit....keep making space for any idea you may want to...
Akwunomy,

This is very good advice, thanks! I will take it onboard. I ended the week +100 pips, so it's the beginning of an improvement!
War. Is my profession.
  • #33,419
  • Mar 21, 2014 9:02am Mar 21, 2014 9:02am
Quoting cvgreen46
Dear TMS posters, Although I am not new to trading, I am an excited new user of TMS which began in earnest on March 4; since then the model has accumulated a net +268 points of which +72 were in the last 3 days when I started actively following this thread. Returns should improve as my trade analysis shows that positions are being closed too early but maybe that's me being a TMS rookie, however, I am looking at TMS-II and Cave Manager, etc., with a view to maximizing profitability. There is no doubt that the views, comments, idea exchange and banter...

Outstanding Mate! I'm sure you will get better and better at your craft. Half a cider for me while your at it & cya monday!
MAY THE PIPS BE WITH YOU!
  • #33,420
  • Mar 21, 2014 9:07am Mar 21, 2014 9:07am
Quoting thinkpad123
I usually dont enter friday setups but Eur/nzd setup was screaming to take it. {image} {image} {image}

HI TP123,

Would you mind sharing the indicator on your chart with that creates the red & green dots?

thanks in advance!
MAY THE PIPS BE WITH YOU!
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