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Trading Made Simple

  • #36,381
  • Apr 18, 2014 2:46am Apr 18, 2014 2:46am
Quoting leonlee0116
My entry correct? {image}
The Ichimoku cloud suggests an uptrend, so I think I'd have been looking for a long entry on EJ.

With regard to TMS, candles very week, not much liquidity or momentum today due to holidays. There was a bearish crossover on the TDI but it was very shallow.
  • #36,382
  • Apr 18, 2014 4:14am Apr 18, 2014 4:14am
Quoting MrAussieFX
I would appreciate any help in setting this indicator right. I am using FXCM NY close that is GMT+3 and found the trading hours here , setting it to GMT+3. I have used only first 5 hours in Tokyo session. Please find the image below. {image} I would appreciate the right settings. Regards
It seems really complicated for such an easy tool. Do you want only 5 first hours of Tokyo and rest disabled?
  • #36,383
  • Apr 18, 2014 4:25am Apr 18, 2014 4:25am
Quoting Kanderpro
Hello All, If you go to any of Emmanuel's posts and put your cursor over his name you will see his status appear. He is now a member, not a senior member. Can anyone tell me who is in charge of this thread and where on FF I can find out this information? Thanks, Kan

You can go to your profile and change your "status" to what ever you like. See I changed mine

You could change from member to "grand master" (just kidding)
  • #36,384
  • Apr 18, 2014 4:38am Apr 18, 2014 4:38am
Quoting GilR
{quote} You can go to your profile and change your "status" to what ever you like. See I changed mine You could change from member to "grand master" (just kidding)
Thanks GilR.
Yes, I am dim. But not all the time.
Thanks for your help, warmth and straight talking Heather.
  • #36,385
  • Apr 18, 2014 4:43am Apr 18, 2014 4:43am
Quoting Kanderpro
{quote} Thanks GilR. Yes, I am dim. But not all the time.
You didn't change your "member" status
  • #36,386
  • Apr 18, 2014 4:49am Apr 18, 2014 4:49am
Did anybody do any new TMS trades today. What are your results?
  • #36,387
  • Apr 18, 2014 4:51am Apr 18, 2014 4:51am
Quoting GilR
Did anybody do any new TMS trades today. What are your results?
no trades for me today on daily charts.

Wish all have nice weekend .
  • #36,388
  • Edited 5:05am Apr 18, 2014 4:51am | Edited 5:05am
Quoting GilR
{quote} You didn't change your "member" status
Any suggestions?

These are two of my favourite quotes but I think they may be a bit too long to go in status:

"Most men can stand adversity. If you want to test a man's character, give him power." Abraham Lincoln

"The surest sign that intelligent life exists elsewhere in the universe is that none of it has yet tried to contact us." (Can't find the author at present.)

Kan
Thanks for your help, warmth and straight talking Heather.
  • #36,389
  • Apr 18, 2014 4:55am Apr 18, 2014 4:55am
Quoting Kanderpro
{quote} Any suggestions? These are two of my favourite quotes but I think they may be a bit too long to go in status: Most men can stand adversity. If you want to test a man's character, give him power. Abraham Lincoln The surest sign that intelligent life exists elsewhere in the universe is that none of it has yet tried to contact us. (Can't find the author at present.) Kan

I like this one "If you want to test a man's character, give him power"
  • #36,390
  • Apr 18, 2014 5:16am Apr 18, 2014 5:16am
Quoting timginter
{quote}It seems really complicated for such an easy tool. Do you want only 5 first hours of Tokyo and rest disabled?
Hi Tim,

Yes, I would like to use only first 5 hours for Tokyo session but have no problem to put 8 hours of trading in the settings if 5 hours too complicated as you mentioned. I am more worried about my current start and end timing on the indicator for each session.

I just wanted to know if I have used the correct open and close for each session considering GMT+3 .

Regards
  • #36,391
  • Apr 18, 2014 6:26am Apr 18, 2014 6:26am
Quoting MrAussieFX
{quote} Hi Tim, Yes, I would like to use only first 5 hours for Tokyo session but have no problem to put 8 hours of trading in the settings if 5 hours too complicated as you mentioned. I am more worried about my current start and end timing on the indicator for each session. I just wanted to know if I have used the correct open and close for each session considering GMT+3 . Regards
This might help for configuring the indicator

http://fxtrade.oanda.com/analysis/market-hours

That session indicator works fine on my GMT = 0 account, but struggling with FXDD. Seems to be some bug if the asian session straddles midnight.
  • #36,392
  • Apr 18, 2014 6:36am Apr 18, 2014 6:36am
Quoting MrAussieFX
{quote} Hi Tim, Yes, I would like to use only first 5 hours for Tokyo session but have no problem to put 8 hours of trading in the settings if 5 hours too complicated as you mentioned. I am more worried about my current start and end timing on the indicator for each session. I just wanted to know if I have used the correct open and close for each session considering GMT+3 . Regards
I just finished updating my sessions indi so it calculates the hours automatically. There are no options for X first hours or X last hours of the session yet, but I can tinker a bit soon and add that, it shouldn't be difficult.
I'm GMT+1, my broker is GMT-4 but it doesn't adjust to DST, everything works fine. It should work no matter what, but I'd be grateful if someone can test it and let me know.

(Info: automatically calculated session hours, shows the correct number of bars in a session (instead of 1 too many), includes high/low of the first bar in a session, doesn't draw bugged weekend boxes, doesn't draw boxes for D1 timeframe and bigger, possible to draw boxes for all the days (for backtesting), doesn't redraw every box on each tick - only updates the last (current) one)
Attached File(s)
File Type: mq4 Sessions(auto).mq4   6 KB | 458 downloads
  • #36,393
  • Apr 18, 2014 6:51am Apr 18, 2014 6:51am
Quoting timginter
{quote}I just finished updating my sessions indi so it calculates the hours automatically. There are no options for X first hours or X last hours of the session yet, but I can tinker a bit soon and add that, it shouldn't be difficult. I'm GMT+1, my broker is GMT-4 but it doesn't adjust to DST, everything works fine. It should work no matter what, but I'd be grateful if someone can test it and let me know. (Info: automatically calculated session hours, shows the correct number of bars in a session (instead of 1 too many), includes high/low of the...
Thanks timginter. Seems to be spot on! FXDD compared to IG Index. I've set New York and Sydney to 'no colour' as I only want Tokyo and London on the chart
Attached Image (click to enlarge)
Click to Enlarge Name: IGFXDD.JPG Size: 135 KB
  • #36,394
  • Edited 7:26am Apr 18, 2014 7:11am | Edited 7:26am
Quoting hostwey
{quote} This might help for configuring the indicator http://fxtrade.oanda.com/analysis/market-hours That session indicator works fine on my GMT = 0 account, but struggling with FXDD. Seems to be some bug if the asian session straddles midnight.
The problem with the hours is that all except Tokyo are changing with DST, but only related to Tokyo, not to each other (if your local time adjusts to DST). London session always opens at 8am when you are in London. The hours from London for London, New York, Sydney, Tokyo during summer should be: 8:00, 13:00, 22:00, 1:00, from London during winter: 8:00, 13:00, 22:00, 2:00. If your local time changes with DST add your GMT offset, i.e. I'm in GMT+1 zone and we adjust to DST, so my session times during summer are: 9:00, 14:00, 23:00, 2:00. During winter: 9:00, 14:00, 23:00, 3:00. Now add/subtract the difference between your local time and your broker time and you are good to go

EDIT:
thanks for feedback, hostwey PM me if there are any additional features it may need
  • #36,395
  • Apr 18, 2014 7:24am Apr 18, 2014 7:24am
Happy Easter All,

Have a good Break,

Come back Next week and have lots of winning Trades

Cheers

Mark up
Make sure that the light at the end of the tunnel is not an on coming train
  • #36,396
  • Apr 18, 2014 7:41am Apr 18, 2014 7:41am
Quoting timginter
{quote}The problem with the hours is that all except Tokyo are changing with DST, but only related to Tokyo, not to each other (if your local time adjusts to DST). London session always opens at 8am when you are in London. The hours from London for London, New York, Sydney, Tokyo during summer should be: 8:00, 13:00, 22:00, 1:00, from London during winter: 8:00, 13:00, 22:00, 2:00. If your local time changes with DST add your GMT offset, i.e. I'm in GMT+1 zone and we adjust to DST, so my session times during summer are: 9:00, 14:00, 23:00, 2:00....
Where do you adjust the offset because I have a gmt +0 broker and its showing 8am instead of 7 for London and 13:00 instead of 12 noon for NY.
  • #36,397
  • Apr 18, 2014 8:16am Apr 18, 2014 8:16am
Quoting lastingwell
{quote}Where do you adjust the offset because I have a gmt +0 broker and its showing 8am instead of 7 for London and 13:00 instead of 12 noon for NY.
Nevermind, I closed and reopened the terminal for a second time and now it works fine Thank you tim, it looks great too
  • #36,398
  • Apr 18, 2014 8:48am Apr 18, 2014 8:48am
Quoting timginter
{quote}I just finished updating my sessions indi so it calculates the hours automatically. There are no options for X first hours or X last hours of the session yet, but I can tinker a bit soon and add that, it shouldn't be difficult. I'm GMT+1, my broker is GMT-4 but it doesn't adjust to DST, everything works fine. It should work no matter what, but I'd be grateful if someone can test it and let me know. (Info: automatically calculated session hours, shows the correct number of bars in a session (instead of 1 too many), includes high/low of the...
Looks great timginter, thanks.
Is there anyway to turn of the values, or change them from white?
  • #36,399
  • Apr 18, 2014 11:01am Apr 18, 2014 11:01am
Not much movement today, but expected....maybe a bit of back testing
and some re reading of BIG E posts and PDF,s that have been made of his posts....

Have a great weekend guys & Girls
Nelly
  • #36,400
  • Apr 18, 2014 11:19am Apr 18, 2014 11:19am
Big E quote " you cannot get different results if you keep doing the same thing "

so why do we add indicators to tell us what we already know ? Everyday soon as we see a new one being posted here ?
Why do we all think ah, I will add that it will help me ?..... Help you what ?
I now know .... It will only help you confuse the situation........
And in time take them off and go back to where we started ? Page 1 ?
come on we have all been there and done it.....
why do we do it ?
because we over complicate the whole thing.....
i am lucky enough to spend if I wish all day every day trading the London as I have the time to do so and therefore learn at an accelerated rate, but having said that.... I am willing to admit .. I am still learning even after two years or more .... I have loaded just about every indicator thinking it may help..... And do you know what, rip them all off and try the basic rules, ok so you do need to know some stuff, but you don't need to learn it in the 36000 posts on here !Just the first few hundred and trot off to babypips.com or somewhere like that ... To learn the rest.....

you really don't need to know what is on here just now, apart from people like PHX 62, Bizzle etc...
Do yourself a massive favour ... Only ask for help from the people that are "TRADING MADE SIMPLE "

best of luck.
nelly
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