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Trading Made Simple

  • #44,421
  • Nov 20, 2014 6:52pm Nov 20, 2014 6:52pm
Hi,

Can anyone add push notifiation to the attached indicator which was originally developed by BigE.
Attached File(s)
File Type: mq4 TDI Red Green with Stochastic Alert.mq4   10 KB | 378 downloads
  • #44,422
  • Nov 20, 2014 6:55pm Nov 20, 2014 6:55pm
Newbie here (although I've been playing the forex game for a couple of losing years now).

I just scrolled through my 4h charts & the only thing that I see that looks like it might have some potential for tonight is the nzd/usd. I'm hoping to see a 4h candle close bearish + the RSI make a solid push through the trade signal line which is below the 50 (purple through white on my chart) & which is already below the MBL. Target would be the gray highlighted area.

Any thoughts as to yea or nay is appreciated.
Attached Image (click to enlarge)
Click to Enlarge Name: 35.PNG Size: 27 KB
  • #44,423
  • Nov 20, 2014 7:09pm Nov 20, 2014 7:09pm
Took a EJ trade before LO for 50 pips. Entered a bit late on the first candle but monitored closely, or should I say "sweated over every tick" .
It worked out but I'm suffering heavily from the "Drawdown-Syndrome" which clearly gets in the way with letting my trades play out and not closing them prematurely.
Attached Image (click to enlarge)
Click to Enlarge Name: FX_TS2231 Nov. 20 16.54.jpg Size: 219 KB
Repetition is the Mother of Skill
  • #44,424
  • Nov 20, 2014 7:37pm Nov 20, 2014 7:37pm
I'm looking for the settings for the PAC.

Quoting emmanuel7788
{quote} Hi mkfx, You can use the standard moving average provided in any platform. Just create two moving average using 5-period, MA Method= Smoothed, Apply to Price set to High and the other set to Low. regards, EMMANUEL
My question is: does "standard" moving average refer to "simple" or "exponential"? What is the shift (if any)?
  • #44,425
  • Nov 20, 2014 8:46pm Nov 20, 2014 8:46pm
GN short from yesterday (AEST) PT filled with 46 green
Attached Image (click to enlarge)
Click to Enlarge Name: GN H4 H1 short Thu 20.11.14 +45.png Size: 75 KB
Appreciation is the key to wealth and happiness
  • #44,426
  • Nov 20, 2014 8:50pm Nov 20, 2014 8:50pm
Quoting snarlyjack
Let's look at one more trade, the aud/usd. Look at the daily chart, see the red apb. Look at the tdi, pointing straight down. Now look at the 4 hour chart. It has blue apb's and is in the pac. The tdi has turned up. Now look at the long term guppy's. We're in a strong down trend. The aud/usd for me would be no trade, at this time. However, if on the 4 hour chart, the apb's turned blue and the tdi were to roll over & get in position. I would be getting ready to go short. When I see a retracement like this, I start to get excited, but it's not ready...
I now start to have more sense of what you ve been talking SJ. Appreciate your sharings.
Appreciation is the key to wealth and happiness
  • #44,427
  • Nov 20, 2014 9:19pm Nov 20, 2014 9:19pm
Quoting likica
{quote} I now start to have more sense of what you ve been talking SJ. Appreciate your sharings.

Likica, may I ask, did you place your SL above, at the swing high? You seem to be an expert on CT setups. Do you trust divergence enough to let the trades play out? I think in this case you didn't even have HTF confirmation?

Would love to hear from you.

Thank you!
Repetition is the Mother of Skill
  • #44,428
  • Nov 20, 2014 9:49pm Nov 20, 2014 9:49pm
Phx62 nice to see around even no post but we have the PDF and are enough for the time being, have a nice time, and hope to see you around soon

I Have Learned to Take Some Losses to Make Profits
  • #44,429
  • Nov 20, 2014 10:19pm Nov 20, 2014 10:19pm
Quoting snarlyjack
On the aud/usd, 4 hour chart. To be honest I would like to see it retrace more into the guppys! Why is that...because when I short it I'll make more money! Just a thought for you...
Hi Snarlyjack,

Great posts, really open my eyes now.
Thanks a lot.

Cheers
  • #44,430
  • Nov 20, 2014 10:23pm Nov 20, 2014 10:23pm
Quoting snarlyjack
Good morning Tms, Let's get to the very basic's of trading this method for just a second, then we'll get more & more advanced. ... but 100 set's of eye's is better! We all trade kinda different but we all trade kinda the same. Some of us specialize in the short term charts, some of us specialize in the longer term charts. Their really is no right or wrong, each of us find our comfort zone. But our goal is we are all trying very hard to make a profit and have a nice life. The bottom line is: We all want to have a great life & make money to fund ourselves....
SJ, I can't put into words how much I appreciate you being here and helping us all...
  • #44,431
  • Nov 20, 2014 10:29pm Nov 20, 2014 10:29pm
Quoting nods80
{quote} Thanks Snarley. I live down the road from London but work shifts in my day job (2days,2nighs, 4off). I have a degree in Computer forensics and was a professional BA for Hewlett Packard .... Anyway I would like to send a big thank you to the forum Especially SnarleyJack, Emmanuel and of course the late great big E.
Great story nods80. Make trading a 'habit'... lol... be consistent & persistent...
  • #44,432
  • Edited 11:04pm Nov 20, 2014 10:33pm | Edited 11:04pm
Quoting snarlyjack
Getting to the nitty gritty. I really don't think that institutions are using indicators! .... We are followers in the market not leaders in the market. The Tdi will show us the way. So when you make a trade. Look for s/r levels. . In other words 10% top, 80% middle, 10% bottom. Don't greed out & try to take everything. You will lose that way! Try to stay in the 80% range... Hope this helps you!
I think its even worse than that SJ... those guys are just sales people... lol... thats why round handles are so important to us...

(WDays is correct, of course, as this is a - tongue-in-cheek - generalization, it becomes more true as you move up the ladder perhaps... lol )
  • #44,433
  • Nov 20, 2014 10:35pm Nov 20, 2014 10:35pm
Quoting Pipsta972
{quote} Likica, may I ask, did you place your SL above, at the swing high? You seem to be an expert on CT setups. Do you trust divergence enough to let the trades play out? I think in this case you didn't even have HTF confirmation? Would love to hear from you. Thank you!
Yes, I like div and also the pin bar that made me placed my trade at the close of the candle TDI bounced and let it run.
I placed my SL just above that pinbar on H1 and also in this case above the swing high as you noticed.
Appreciation is the key to wealth and happiness
  • #44,434
  • Nov 20, 2014 10:38pm Nov 20, 2014 10:38pm
Quoting snarlyjack
Nods80, Thank you! Don't forget Lastingwell. Lastingwell is one of the best traders that I have ever met. I trust her 100% with my life & money. Their are only so many super traders in the world and she is among them. I'll tell you a secret, Lastingwell is way better than Eelfranz ever hoped to be and we are very lucky she is here! Trust me on this!!! By the way we will teach you how to trade
Well said SJ. There's lots of lessons to be learned from Lastingwell. The first thing you would have noticed is that she dissects and analyses everyone's chart (weather advertised or not perhaps) and more trades (I'd imagine) Tick by Tick... lol. This is essential to fully understand your tool of trade.
  • #44,435
  • Nov 20, 2014 10:39pm Nov 20, 2014 10:39pm
Your welcome guy's/gal's, I'm just trying to help.
It took me a long time to learn this stuff & I'm just
trying to share & give back.

How am I doing? Have I answered everyone's questions?
Does it make sense?

The pac is a smoothed 5 ema hi/low
  • #44,436
  • Nov 20, 2014 10:41pm Nov 20, 2014 10:41pm
Quoting Pipsta972
{quote} Likica, may I ask, did you place your SL above, at the swing high? You seem to be an expert on CT setups. Do you trust divergence enough to let the trades play out? I think in this case you didn't even have HTF confirmation? Would love to hear from you. Thank you!
Hi Pipsta.... the GN setup he took had a great amount of confluence....
Take a look at the daily chart and mark the 2.00000 level with a horizontal line. Now watch how this important level has been respected several time to the pip.... Do you think this is a level of significance?
Now on the 1hr chart the TDI delveloped divergence with the MBL in the extreme and rejected the 200 EMA. In addition to that price printed a triple top.... Everything is shouting for SHORT, SHORT, SHORT!!!

These kind of setups are pure gems..

regards,
Moretti
  • #44,437
  • Edited 11:13pm Nov 20, 2014 10:46pm | Edited 11:13pm
Quoting lorbax
Luckily/unluckily not only good entries ... but maybe still good exits. I entered on Ecad long, on the daily chart, last night 23.00pm (gmt+1) - I wasn't extremely ok with the signal but it looked nice, not a real cross, but bounce, close to '50' level. So here I am now -60 pips still open. Tdi crossed '50' level and MBL, and it's above red signal line. Something really missing is MOMENTUM ... the steepness of TDI is not great, and I knew it since the beginning, we'll see {image} For now, H4 look terrible, but I entered on Daily, I stick to that....
Thats interesting lorbax. I noticed a few pairs with similar structure... certainly too scary to enter because of consolidation which could run for a long time (within the TF)... something for the watch-list perhaps.... its got to breakout of it at some stage...

Have a look @ UChf (1H TF), ... same type of story, despite showing ok TDI signals (per TF)... avoid the Sirens of Temptation... lol
  • #44,438
  • Nov 20, 2014 10:50pm Nov 20, 2014 10:50pm
By the way the pac & pro tdi that I use came from
Dean Malone (Compass fx). It's in the paper clip on
the top of this page.

Also the the Pro asr & Pro dsr are in the same file in the
paper clip.

Eelfranz took lesson's from Dean Malone at Compass Fx.
Dean Malone has produced at least 100 video's. They
are very good & I have enjoyed watching them...
  • #44,439
  • Nov 20, 2014 11:15pm Nov 20, 2014 11:15pm
Thanks, SJ. I appreciate it. What's asr/dsr?
  • #44,440
  • Nov 20, 2014 11:22pm Nov 20, 2014 11:22pm
Quoting snarlyjack
By the way the pac & pro tdi that I use came from Dean Malone (Compass fx). It's in the paper clip on the top of this page. Also the the Pro asr & Pro dsr are in the same file in the paper clip. Eelfranz took lesson's from Dean Malone at Compass Fx. Dean Malone has produced at least 100 video's. They are very good & I have enjoyed watching them...

And what the name of the paperclip in which they're contained?

DSR is "dynamic support and resistance" (I think?)
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