RSS (Ridiculously Simple System) | Page 10 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 182 replies

Another great Breakout GBP/JPY System (Dachel's Simple system) 62 replies

An Easy System (With the help of ES Trader - Another Simple System) 13 replies

Can someone code this ridiculously simple MA indi? 1 reply

Have You ever Used Rss System 2 replies

Attachments: RSS (Ridiculously Simple System)
Exit Attachments

RSS (Ridiculously Simple System)

  • #181
  • Feb 26, 2015 9:47am Feb 26, 2015 9:47am
Quoting rtradern
{quote} Hi Drewas, Im a newbie to FF and currently demo trading to learn more. i came across your forum yesterday, i follow the TMS system and noticed your method is the outcome of that. I really like the setup and seeing good results. Can you please share or direct me to where i can get you chart setup - templates and indi please. Specifically the Dots and Sun? Many thanks in advance.
Hi Rtradern

They are all in first post except the newer indicators that are a couple of posts back.
We're all just one trade away from humility.
  • #182
  • Feb 26, 2015 9:59am Feb 26, 2015 9:59am
Quoting Drewas
{quote} Hi Rtradern They are all in first post except the newer indicators that are a couple of posts back.
Thanks for the reply Drewas, will take a look, much appreciated...
  • #183
  • Feb 26, 2015 11:42am Feb 26, 2015 11:42am
Thanks for sharing your system Drewas. Used it this morning and made some good trades. It really does slow down my laptop though. I removed the news and adr indicators.. Seemed to help a little but the semaphore really slows things down. Any ideas? A different semaphore indi... etc?
  • #184
  • Feb 26, 2015 4:30pm Feb 26, 2015 4:30pm
Quoting elway
Thanks for sharing your system Drewas. Used it this morning and made some good trades. It really does slow down my laptop though. I removed the news and adr indicators.. Seemed to help a little but the semaphore really slows things down. Any ideas? A different semaphore indi... etc?
Hi I haven't had any issues with the semaphore indicator and i run on a fairly modest laptop (Celeron Processor, Windows 7, 4GB RAM).

I have always had issues with the adr indicators slowing or crashing Mt4. The one posted a couple of posts back has proven to be the most reliable.

I may re-add the indicators to the first post as there has been an MT4 update since they were originally posted.
We're all just one trade away from humility.
  • #185
  • Feb 26, 2015 6:03pm Feb 26, 2015 6:03pm
Quoting elway
Thanks for sharing your system Drewas. Used it this morning and made some good trades. It really does slow down my laptop though. I removed the news and adr indicators.. Seemed to help a little but the semaphore really slows things down. Any ideas? A different semaphore indi... etc?
Might want to try :-

Attached File(s)
File Type: mq4 3_Level_ZZ_Semafor_v2 600+.mq4   12 KB | 666 downloads


Appears to be the same just using numbers instead of the suns. Logic looks the same will have to see how it performs live. see below:-

Attached Image (click to enlarge)
Click to Enlarge Name: semaphore.PNG Size: 72 KB


I will test it in the next couple of days please let me know if this improves performance.
We're all just one trade away from humility.
  • #186
  • Feb 26, 2015 8:23pm Feb 26, 2015 8:23pm
It surely did improve performance. I also added back the adr and news indicators too. Still not lightning fast, but fairly good.

Many thanks!
  • #187
  • Feb 27, 2015 12:29am Feb 27, 2015 12:29am
Drewas, thanks for this system. And thanks for the separate thread - not cluttering the TMS thread. My question: Would it be possible to have a dashboard like arbinkla`s TMS monitor? It would be nice to have one dahsboard showing the selected pairs and their status in different timeframes. The status signal might show red for no condition met, yellow for all but one (TDI?) met, green all conditions are fullfilled.

Regards
  • #188
  • Feb 27, 2015 1:30am Feb 27, 2015 1:30am
Any good setups today Drewas? Thanks for your integrated system with TMS, I have been making losses for the past few years, hope this system will make a change in my life. Thanks for all the postings.
Pips Collector EA, No Martingale, No Grid
  • #189
  • Feb 27, 2015 2:13am Feb 27, 2015 2:13am
Quoting Forex37
Drewas, thanks for this system. And thanks for the separate thread - not cluttering the TMS thread. My question: Would it be possible to have a dashboard like arbinkla`s TMS monitor? It would be nice to have one dahsboard showing the selected pairs and their status in different timeframes. The status signal might show red for no condition met, yellow for all but one (TDI?) met, green all conditions are fullfilled. Regards
Add anything that makes it work for you. Personally i check for high ADR and low spreads and this takes a few minutes every day.
We're all just one trade away from humility.
  • #190
  • Feb 27, 2015 2:22am Feb 27, 2015 2:22am
Quoting huatboyz
Any good setups today Drewas? Thanks for your integrated system with TMS, I have been making losses for the past few years, hope this system will make a change in my life. Thanks for all the postings.
Waiting for TDI on GBPUSD to cross fully. Next hour maybe will it continue down after yesterday who knows! Someone said trading is just waiting.

Attached Image


Only advise is to stick with it. I lost money for several years before finding the TMS method and adjusting it so it worked for me.
We're all just one trade away from humility.
  • #191
  • Feb 27, 2015 6:46am Feb 27, 2015 6:46am
Quoting Drewas
{quote} Waiting for TDI on GBPUSD to cross fully. Next hour maybe will it continue down after yesterday who knows! Someone said trading is just waiting. {image} Only advise is to stick with it. I lost money for several years before finding the TMS method and adjusting it so it worked for me.
Do you intend to go short or long? I ask because of the last green dot....
  • #192
  • Feb 27, 2015 9:25am Feb 27, 2015 9:25am
Quoting lucariga
{quote} Do you intend to go short or long? I ask because of the last green dot....
Hi Lucariga I didnt trade today. Was fortunate enough to make enough yesterday so i could have a day off.

Had I traded i would hope to have done something similar to the attached that followed my rules:-


Attached Image


Trade 1 :- Would enter after pink 200 ema and break of last candle in opposite direction. Although the green dot had formed it was only on first candle. Given that it was London open (when new money comes into the market) also APB bars normally run for 3 to 8 bars in one colour, TDI crossed (theres often 2-4 crosses per trading day). Price moved for three candles down some 40pips which i hope i would have captured some of.

Trade 2 :- Entry after sun formed and TDI crossed at break of new candle colour. Again there was 38 -40 pips as price moved three candles up. Again if i were trading I would have hoped and expected to grab a few pips from that.
We're all just one trade away from humility.
  • #193
  • Feb 27, 2015 9:37am Feb 27, 2015 9:37am
Quoting Drewas
{quote} Hi Lucariga I didnt trade today. Was fortunate enough to make enough yesterday so i could have a day off. Had I traded i would hope to have done something similar to the attached that followed my rules:- {image} Trade 1 :- Would enter after pink 200 ema and break of last candle in opposite direction. Although the green dot had formed it was only on first candle. Given that it was London open (when new money comes into the market) also APB bars normally run for 3 to 8 bars in one colour, TDI crossed (theres often 2-4 crosses per trading day)....
Thanks

So to summarize, after a dot appears, you enter on the breakout of the "dotted" candle if the TDI is in agreement otherwise you wait for the TDI to cross in your direction. Am I right?
  • #194
  • Feb 27, 2015 10:20am Feb 27, 2015 10:20am
Quoting lucariga
{quote} Thanks So to summarize, after a dot appears, you enter on the breakout of the "dotted" candle if the TDI is in agreement otherwise you wait for the TDI to cross in your direction. Am I right?
Yep, normally if you get a new high or low (dot) and price reverses from that hi or low (dot) you will normally get two or three candles before new high or low (dot) forms. So I am then looking for entry. Of course that high or low (dot) can continue in that direction eventually becoming a new hi or low (sun) several candles later. If however the dot forms and im in a trade its like a warning that price will change direction sooner rather than later. My exit rules then kick in and I look for a reason to exit (price stall, change of bar colour, MACD, TDI hook etc).

Hope that makes sense. It does in my head .
We're all just one trade away from humility.
  • #195
  • Edited 11:20am Feb 27, 2015 10:43am | Edited 11:20am
Lets look at GBPUSD again:-

Attached Image


We've seen a sun form and price move up and touch the blue 100 moving average. Will it go beyond that probably based on what normally happens after a sun forms. It goes on to create a new MACD peak!

You could have re-entered after TDI green bounced off red and I would expect price to go a little further despite it being late on a Friday. Lets see.

Attached Image


Ok so called it wrong. Did move up some 25 odd pips and would have moved my stop to break even which would have resulted in a small loss or break even trade.

Perhaps price will continue up to the new MACD peak next week. Will have to see.

Wont have so much time to post next week (i work full-time also). Hopefully posting some of my trades and thought process has helped some people!
We're all just one trade away from humility.
  • #196
  • Feb 27, 2015 11:13am Feb 27, 2015 11:13am
Quoting Drewas
Lets look at GBPUSD again:- {image} We've seen a sun form and price move up and touch the blue 100 moving average. Will it go beyond that probably based on what normally happens after a sun forms. It goes on to create a new MACD peak! You could have re-entered after TDI green bounced off red and I would expect price to go a little further despite it being late on a Friday. Lets see.
Hi Grewas, i have the "3_Level_ZZ_Semafor_v...mq4" indi installed on my charts but dont get the sun only a circle with a no3 in it. Any ideas, many thanks in advance.
  • #197
  • Feb 27, 2015 1:28pm Feb 27, 2015 1:28pm
Quoting rtradern
{quote} Hi Grewas, i have the "3_Level_ZZ_Semafor_v...mq4" indi installed on my charts but dont get the sun only a circle with a no3 in it. Any ideas, many thanks in advance.
Yep same indicator with slightly different display yellow with 3 in it replaces suns on the 4x indicator. Logic is the same and performs in the same way.

I posted it as some people had a problem with the original indicator. The one you have was programmed in the newest MT4 and so seems quicker to calculate and less prone to causing MT4 to stall or crash.
We're all just one trade away from humility.
  • #198
  • Feb 27, 2015 4:14pm Feb 27, 2015 4:14pm
Quoting Drewas
{quote} Yep same indicator with slightly different display yellow with 3 in it replaces suns on the 4x indicator. Logic is the same and performs in the same way. I posted it as some people had a problem with the original indicator. The one you have was programmed in the newest MT4 and so seems quicker to calculate and less prone to causing MT4 to stall or crash.
Thanks Drewas for explaining, will copy the one from your 2st post and give that ago, any issues will revert to the new 1. Many thanks.
  • #199
  • Mar 2, 2015 1:57pm Mar 2, 2015 1:57pm
Hi Drewas nice system. So it is like you outlined it you dont consider the trrend so mutch you just go after the suns and to confirm it ?

Best regards
  • #200
  • Edited 5:48am Mar 3, 2015 5:23am | Edited 5:48am
Quoting jgadefelth
Hi Drewas nice system. So it is like you outlined it you dont consider the trrend so mutch you just go after the suns and to confirm it ? Best regards
Hi i do consider the trend and am cautious entering against the trend unless there is a sun. There should be space to get a decent profit (half ADR) until it hits support and resistance or the MA's I use.

Attached Image


Am in on EURGBP for 10pips at the moment. Entered after orange 1 based on the 3 (or sun) creating a new peak.Entered a little late but TDI cross and MACD new peak being formed. Shooting for 25-30 pips half ADR.
We're all just one trade away from humility.
2 traders viewing now