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There is no Magic Moving Average - You need only one 1,021 replies

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Need Script/EA can only generate Magic number 5 replies

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Attachments: Magic 5 - five pips only
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Magic 5 - five pips only

Quoting Olarion1975
{quote} Thanks. Works quite well. As the "standard" setup works nice I also work on finetuning my entries on the M5 and M1. So the drawdown is even less. Just go with the "flow" of the market waves. After close of the HA candle below/above the 5EMA shifted 2, I look for doing a pullback going in the opposite direction on M5/M1 and then enter on the the 5EMA cross on M1 or M5. Works like a charme.
Multi timeframe analysis works wonders. Well done.

You could always stay in those smaller timeframes once you have entered and add multiple trades to each pullback and passing of 5EMA as per your original trade.

Afterall - winners add to winning trades :-)
Winners add to winning trades!
So far the market gave me 1 winner on USDCHF and 4 Breakeven (2x 0.1 & 1x 0.4 pip & 1x 0.6 - commissions) on cable...
Hello everybody. I was hunted off this thread about 2 days ago because I questioned tk5's integrity. He has many loyal posters who he has given a new degree of hope for, because they have very encouraging results (albeit on a short term). I questioned his methodology and basically was told that my input was not required any more because of my outspoken views. I wrote an EA which was trading, advisory or discretionary and posted it with full source code. Previously, I have fielded many questions relating to the correctness of trades on his behalf. You see tk5 does not understand EA's and therefore is very critical along with his uninformed followers. The reason for my post now is to inform you what has transpired since I have been hunted off this thread. I too have a number of loyal followers but as I result of this thread. I have resisted all requests to open up a thread of my own and I have even been implored to accept the role of Introducing Broker which a number of people who have chosen to communicate with me by email have advised me that tk5 has tried to do. I have only once asked for a commercial role and that is when an email poster asked me to develop a completely different EA. Most of the people with whom I communicate about this thread are intelligent and articulate and understanding that my role is to help and develop this original idea as a gesture of goodwill.

I have told everybody without exception that my role is to remain on this thread and we should continue to brainstorm with good ideas. The reason for my post today is to try and open intelligent discussion on this thread. Forget about the 5 or 10 trade wonders who blindly follow the basic principles and who post as if they have done their own hard work.

I can tell you about the requests that I have received.

PSAR verification
Trade Time filters
News Time Filters
Dual EMA cross rather than Price/Ema cross
S/R filters
Pivot Filters
1 and 5 Min Filters
Fibonacci Filters

I have implemented most of them and I want to make you aware that Forex trading is not as simple as TK5 suggests. There are many good minds out there but please look at yourself and question why such a simplistic EA cannot be enhanced through intelligent discussion. Ask TK5 whether he has ever tried to suggest a particular broker? (so he can get an Introducing Broker commission)

My name is David Currey and my email address is [email protected] and I have never ever or will open an opposing thread and have never ever sought commission or payment for any service relating to this thread or for that matter any thread with which I have had input. I have been offered payments and have been requested to suggest a particular broker and have never done so.

I will not post again unless the level of support suggests that I should, and let the criticism begin on this thread. You will no doubt see them. To the people who really understand the role of Forex Factory, please post your support so we can bring this simple and appealing idea to a new level. There is an increasing trend to open a new thread if the last one does not go your way and to attempt to lay down the law at the beginning of the thread. The only law should be no profanity and we are all open to intelligent/informed ideas.
Quoting Dave_C
Hello everybody. I was hunted off this thread about 2 days ago because I questioned tk5's integrity. He has many loyal posters who he has given a new degree of hope for, because they have very encouraging results (albeit on a short term). I questioned his methodology and basically was told that my input was not required any more because of my outspoken views. I wrote an EA which was trading, advisory or discretionary and posted it with full source code. Previously, I have fielded many questions relating to the correctness of trades on his behalf....
listen, Dave..stop altering or proposing rules of this system already. Enough is enough. first of all Tk5 never said trading is simple, he urges people to simplify trading.
Secondly stop propaganding your EA with altered modifications such as 2 ema instead one ema..who gave you the right to do so?

I am getting fed up with your behavior..I hereby demand from you to stop doing anything in this thread and any activity based on this method whatsoever. That is.
always draw trendlines
Quoting Dave_C
Hello everybody. I was hunted off this thread about 2 days ago because I questioned tk5's integrity. He has many loyal posters who he has given a new degree of hope for, because they have very encouraging results (albeit on a short term). I questioned his methodology and basically was told that my input was not required any more because of my outspoken views. I wrote an EA which was trading, advisory or discretionary and posted it with full source code. Previously, I have fielded many questions relating to the correctness of trades on his behalf....
Moreover, If you attempt to open a new thread based on all this I will sue you. You are playing with my nerves.
Just forget about this system, just leave it...

You gotta be shameless to take advantage of things proposed here and then shamelessly go against author and even blaming in bull crap. It shows how ill-intentioned and selfish you are.
always draw trendlines
Quoting Dave_C
Hello everybody. I was hunted off this thread about 2 days ago because I questioned tk5's integrity. He has many loyal posters who he has given a new degree of hope for, because they have very encouraging results (albeit on a short term). I questioned his methodology and basically was told that my input was not required any more because of my outspoken views. I wrote an EA which was trading, advisory or discretionary and posted it with full source code. Previously, I have fielded many questions relating to the correctness of trades on his behalf....
and regarding IB thing that your 'fans' allegedly emailed you..(I guess that's moaning Santos from previous thread ) ...I must note that I have gotten numerous requests from peers here regarding broker suggestions and I have done so. It's nothing to be shameful. I helped alot of guys to get rid of regular STP crap.
it's just you and people like you being jealous. Besides, I probably make more money in a month from trading than any big-ball introducing broker earns from comms in a year, at least on this forum. So take the logic.

From now on you are ignored by me and if you ever attempt to start any thread or produce an EA based on my method share on this forum I will SUE YOU.
always draw trendlines
Quoting Dave_C
Hello everybody. I was hunted off this thread about 2 days ago because I questioned tk5's integrity. He has many loyal posters who he has given a new degree of hope for, because they have very encouraging results (albeit on a short term). I questioned his methodology and basically was told that my input was not required any more because of my outspoken views. I wrote an EA which was trading, advisory or discretionary and posted it with full source code. Previously, I have fielded many questions relating to the correctness of trades on his behalf....
Hi Friends,

I dont want to get into the fire, but I have to say that Im understanding the input from Dave. What he is saying is, that trading is not easy. And he is right! There is no Strategy which is profitable only following 2 or 3 rules. If you will only make this very soon will come a lot of bad trades, and will crash maybe your account. Not for nothing trading employees from trading banks, and other institutional investors are well-trained. They getting a special eduction over more years. A lot of this personal are studied mathematician. Why when they only could follow a few rules to make money? Friends that’s not possible. It really a business. And business is hard.
The other thing is that I have to say thank you to Dave, because that what he said in his post is really true. He developed me for free a EA. More than 15 times he changed the code again and again for me to make it better. This hard work is it worth to say thank you. Also in this threat.
The important thing is to collecting input. From all people. And maybe we find together a way to trade profitable over long time So thank you Dave and also you TK5 for your inputs and efforts.
the only place success comes before work is in the dictionary
Have personal quiet, are different opinions, I can say that the EA can be useful for those who negotiate many couples, just to alert, nothing more, but right now is not working well gives many losses, many even, I have to take into account demo and is great loss.
Ok i think this whole discussion is now outdated please dont ever talk about it again, because it is not part of this system. Please lets get back to the system here and focus on it. Thanks.

Best regards
Enough is enough, ..please do your ego stroking and slamming in your private communications, let's have constructive ideas and good info exchange here, what you 2 are doing is not to anybody's advantage ??
Quoting PipCop
Try this MM PC {image}
Interesting one, having plan is good. keeps you disciplined.
Although in this one I agree with 20 pips daily..but this frequency of increasing lots is not advised. I believe lot size should be changed at least bi-weekly.
always draw trendlines
Quoting tk5
{quote} and regarding IB thing that your 'fans' allegedly emailed you..(I guess that's moaning Santos from previous thread ) ...I must note that I have gotten numerous requests from peers here regarding broker suggestions and I have done so. It's nothing to be shameful. I helped alot of guys to get rid of regular STP crap. it's just you and people like you being jealous. Besides, I probably make more money in a month from trading than any big-ball introducing broker earns from comms in a year, at least on this forum. So take the logic. From now...
oh man...i am quietly reading this thread with interesting approach.

thousands of interesting approaches are out there. nobody is a "owner" of a trading system or approach.

to threaten somebody with sueing him because he wants to open a new thread or an EA is more than wrong. its a shame! ignoring him would be enough.

the trading system is the least important part of a successful trader.
Quoting yag
{quote} oh man...i am quietly reading this thread with interesting approach. thousands of interesting approaches are out there. nobody is a "owner" of a trading system or approach. to threaten somebody with sueing him because he wants to open a new thread or an EA is more than wrong. its a shame! the trading system is the least important part of a successful trader.
you cant open thread offering sth that was altered, modified against the will of author of original whatsoever.

He wasn't ignored for creating EA, but for showing disrespect to rules and myself as well.

don't wanna return to this silly matter.
always draw trendlines
Alright. lets get back to work

Inserted Video
always draw trendlines
Wow TK, look's like everybody has left...oh man what now..
Quoting Olarion1975
First winner in the pocket... Pair: USD/CAD Entry: Trend was clearly up (H4 / D1), bounce from daily pivot and TMA's middle line, TDI = green crosses red around 50 Level, market base line (yellow) pointing up Exit: TMA outer band Profit: +7.1 pips Gain: +8.66% I will try to limit my trades to one trade per hour. No trades between 11:00 GMT (Frankfurt lunch) to 13:00 GMT (NY open) {image}
Olarion, congrats with great results! Can u name the indi that shows ADR level?
And also I have a question about pairs u trade?
I try to master TKs method on 6 pairs and sometimes I miss great opportunities how do u cope with this issue? U look through every pair every 15 minutes?

Sorry Tk for my questions in the thread it seems that Olarion turned off the PMs
another testing at demo account..
yesterday and today results..
only one loss..still need further test before trade at live account..
Attached Image (click to enlarge)
Click to Enlarge Name: PIC.jpg Size: 270 KB
only 100 pips / week
[Quote = nefilim; 7953574] um outro teste em conta demo .. ontem e hoje resultados .. apenas um loss..still precisar de mais teste antes do comércio em conta ao vivo .. {imagem} [/ quote]

I'm impressed you go far beyond 5 pips
Congratulations as does the exits?
Quoting fads
{quote} Olarion, congrats with great results! Can u name the indi that shows ADR level? And also I have a question about pairs u trade? I try to master TKs method on 6 pairs and sometimes I miss great opportunities how do u cope with this issue? U look through every pair every 15 minutes? Sorry Tk for my questions in the thread it seems that Olarion turned off the PMs
Thanks. Attached the ADR indicator. The best one I know of.
I watch all my 21 pairs almost constantly for about 10 hours a day...ongoing switching through all of them and all timeframes to find the best opportunities while watching price action.
Attached File(s)
File Type: ex4 ADR_v2.ex4   11 KB | 320 downloads
Quoting PhilippineFX
{quote} Olarion1975 You have explained how to enter the Just 5 trade masterfully. Folks if someone handed you a pile of charts including the 1 5 15 30 60 240min with only the 5ma on them and nothing else you could not tell which time frame they are. That price action. The only difference between how the 1 min crosses the 5ma and how the 15min crosses is by the number of pips each candle represents. After you decide to enter the trade based on the 15 min cross go to the 1 min and try and find a pullback behind/above and wait for the same style of...
That's exactly the point!
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