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Trading Made Simple

  • #35,481
  • Apr 10, 2014 11:44pm Apr 10, 2014 11:44pm
Quoting gavman
{quote} Hi Thinkpad, First of all, thanks so much for all the great posts and insights you have contributed to this thread. Please can you explain how to use the fxtp.set file with the Cave Manager EA? I would really like to install this as I seem to be losing more pips than I should by 'pulling the plug' too early in my profitable trades. Cheers, Gavin

Place the .set file in to your preset folder... [ MQL4/Preset]....then restart mt4

load the .set from EA propertise when trading
Sad i'm not trying to understand PA
  • #35,482
  • Apr 10, 2014 11:52pm Apr 10, 2014 11:52pm
Quoting Kozij
{quote} Hi again GilR, can I ask why you target the 6am London ? Is this the time you spot setups prior to london/new york open on the 4hr charts? I've been looking at your 6am/10am positions and want to change my style to 4hr/D trading so your advice is invaluable. Cheers mate.
First of all I am just a learner. Bizzzle is the one calling us back to the true spirit of TMS as Big E taught and traded it.

If you follow the checklist above you start in the right direction. At 6am London time we are positioning ourselves for the German and London open. We have about 30 mins or so to decide yes or no.

The daily trades you have couple to decide. My GCHF and EG have been swimming now for almost 10 hrs for +7 and +11. So really again we are positioning for London and NY session with the believe that we will have 3 to 8 color bars in our favor

Hope this helps
  • #35,483
  • Apr 10, 2014 11:56pm Apr 10, 2014 11:56pm
Quoting emmanuel7788
TMS V19 MTF EA: Not sure how many people here have tried and tested this EA found in the Commercial Section. http://www.forexfactory.com/showthre...87#post5079087 I was asked by a member to look at that and I did some tests the last two weeks and found it to be quite good coded and with lots of features where we can possibly use that to trade TMS in a semi-automated way. The interesting thing is that it has many options to select and set for the TDI trade setup conditions and also to set a specific time period to trade.4 If...

Two trades opened by thie TMS_V19 Expert Advisor EA.
Note: These are demo trades I am testing this week.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY H1 TMS_V19.png Size: 24 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY H4 TMS_V19.png Size: 24 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,484
  • Apr 10, 2014 11:56pm Apr 10, 2014 11:56pm
Looking at the checklist I notice some errors from my remembrance of what I have read Big E said.

The 2 and 4 o'clock only on TMI green. He did not care about angle of red, EMA or Stochastic
  • #35,485
  • Apr 10, 2014 11:59pm Apr 10, 2014 11:59pm
Quoting emmanuel7788
{quote} Two trades opened by thie TMS_V19 Expert Advisor EA. Note: These are demo trades I am testing this week. {image} {image}
Looks exciting

What will the cost be?
  • #35,486
  • Apr 11, 2014 12:00am Apr 11, 2014 12:00am
Quoting GilR
Hi guys! I just wanted to add this for those of you who are new and feel overwhelmed by all the different trading strategies now in this thread. I joined this TMS thread some time back looking for a “easier” way of trading. For most of my trading career I’ve concentrated on the 1 minute chart and scalping with moderate success t, but very time-consuming. In fact any profit was soon lost in more courses etc etc. When I came across this thread I read about the first 25 pages and realised that Big E was not only onto something simple, but it was working...
Great Post mate well done on you pips
Give yourself a chance and trade it like it's layed out...
  • #35,487
  • Apr 11, 2014 12:00am Apr 11, 2014 12:00am
[quote=TheScorpS;7398726]
Quoting GilR
If we want the Big E results Thats an awesome post, RIP Big E for such amazing strategy , I really like when he said the he took off one whole year and just demo trade and studied old chart to build confidence If TMS want to get the results that Big E talks about then there's no substitute than hard working , studying old chart, building confidence , tweaking here and there until you get to see the results you like to see
yup
Pip what you see; See what you pip!
  • #35,488
  • Apr 11, 2014 12:06am Apr 11, 2014 12:06am
No 6am trades for me.

EJ was a potential but its been ranging the last few candles and caught me out yesterday for the same reason.

UJ was another but looks too slow at the moment. I'll check back at 10am
Focus on the process and the profits will follow
  • #35,489
  • Apr 11, 2014 12:06am Apr 11, 2014 12:06am
Three more demo H4 trades taken by the TMS_V19 MTF EA and manage still running in huge profits.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF H4 TMS_V19.png Size: 25 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H4 TMS_V19.png Size: 25 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H1 TMS_V19.png Size: 26 KB


Link to TMS_V19 EA discussion: :http://www.forexfactory.com/showthre...49#post7398749
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,490
  • Apr 11, 2014 12:07am Apr 11, 2014 12:07am
The best I can see on new bar are

EJ and ECHF

ACAD looks ok, but entry would be 3rd bar --nono
  • #35,491
  • Apr 11, 2014 12:11am Apr 11, 2014 12:11am
Quoting gavman
{quote} Hi Thinkpad, First of all, thanks so much for all the great posts and insights you have contributed to this thread. Please can you explain how to use the fxtp.set file with the Cave Manager EA? I would really like to install this as I seem to be losing more pips than I should by 'pulling the plug' too early in my profitable trades. Cheers, Gavin
Hello

You have to copy the fxtp.set file in MQL4>presets folder
After that go to settings of indicator and ther you will find a LOAD button at right side, Click on it and you will be directed to the presets folder. Simply load this file from there and it will automatically load settings from it.

I hope this helps and do let me know if you need any further clarification.
I am not random, U just can't think as fast as me....
  • #35,492
  • Apr 11, 2014 12:12am Apr 11, 2014 12:12am
Quoting emmanuel7788
Three more demo H4 trades taken by the TMS_V19 MTF EA and manage still running in huge profits. {image} {image} {image} Link to TMS_V19 EA discussion: :http://www.forexfactory.com/showthre...49#post7398749
Do you need to buy the EA or where is it available?

Thanks
  • #35,493
  • Apr 11, 2014 12:14am Apr 11, 2014 12:14am
Quoting Ballistical
No 6am trades for me. EJ was a potential but its been ranging the last few candles and caught me out yesterday for the same reason. UJ was another but looks too slow at the moment. I'll check back at 10am
So you think EURCHF looks a better setup?
  • #35,494
  • Apr 11, 2014 12:22am Apr 11, 2014 12:22am
Quoting GilR
{quote} Do you need to buy the EA or where is it available? Thanks

Some good things comes free...

Download from that link in my post. EA and pdf, etc.


Tested the various conditions and they work well and with specific time period to trade, so you can specify the UK hours you want that EA to take the trades according to manay slecetable chart and indciator conditions. this my be the solution for those who do not have time to look at H1 and H4 charts during their working hours. But you need a PC ruiing 24 hours with this EA load and fired up. I use a VPS.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,495
  • Apr 11, 2014 12:25am Apr 11, 2014 12:25am
I've been silently keeping up with this thread for a while now, this is my first post. Great stuff from Bizzle, Ballistical and GilR. Zoopots as well.

Just placed a small trade on EURCHF because it's countertrend. Let's see how that goes
  • #35,496
  • Apr 11, 2014 12:30am Apr 11, 2014 12:30am
Quoting emmanuel7788
{quote} Some good things comes free... Download from that link in my post. EA and pdf, etc. Tested the various conditions and they work well and with specific time period to trade, so you can specify the UK hours you want that EA to take the trades according to manay slecetable chart and indciator conditions. this my be the solution for those who do not have time to look at H1 and H4 charts during their working hours. But you need a PC ruiing 24 hours with this EA load and fired up. I use a VPS.
Thanks --- am going to check it out and try on demo.

Yes --- free can be good if we appreciate the gift
  • #35,497
  • Apr 11, 2014 12:35am Apr 11, 2014 12:35am
Quoting GilR
{quote} Looks exciting What will the cost be?

It is TMS_V10 MTF EA, a very exciting EA by sellers9.


If TMS post#1 is that mechanical, then it can be automated.
There are three components of trading, what is commonly know as the 3Ms.

Post#1 is just small part of the Method.

Method
Money Management
Mind ( psychology) the mental fitness of the trader
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,498
  • Apr 11, 2014 12:37am Apr 11, 2014 12:37am
Quoting emmanuel7788
{quote} It is TMS_V10 MTF EA, a very exciting EA by sellers9. If TMS post#1 is that mechanical, then it can be automated. There are three components of trading, what is commonly know as the 3Ms. Post#1 is just small part of the Method. Method Money Management Mind ( psychology) the mental fitness of the trader
So V19 is the latest?

Also what is Experts Tool Box?

Can you give me link to pdf for v19?

Thanks
  • #35,499
  • Apr 11, 2014 12:38am Apr 11, 2014 12:38am
Quoting GilR
The best I can see on new bar are EJ and ECHF ACAD looks ok, but entry would be 3rd bar --nono
Have decided to enter both EJ and EC
  • #35,500
  • Apr 11, 2014 12:40am Apr 11, 2014 12:40am
Quoting GilR
{quote} Thanks --- am going to check it out and try on demo. Yes --- free can be good if we appreciate the gift

if you want to open trades at Lomdon time ... 6am, 10am and close them all at 2pm, that's cool and quite easy.
This EA can do that. It is a monster EA using Steve Hopwood MPTM trade manager.
You need to learn all its features and then you must spend time to tame this monster.

But you have to decide on the EXIT STRATEGY.


what is your EXIT STRATEGY?



please don't tell me clsoing all trades at 2pm London time is your exit strategy...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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