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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #55,121
  • Mar 22, 2015 3:51am Mar 22, 2015 3:51am
Quoting shr5
{quote} Hi Emmanuel, Would you be kind enough to share your template alongwith your indicators in here? Thanks in advance. Regards, Raza
Hi,

The two indicators are -
1. Synergy-Pro_TDI
2. Synergy_Pro_APB comes with the Price Action Channel PAC.

you will find these in a zip file in post#50,214.

The BN_Levels v1.02 is in : Post#22,389 (also read post#49,368)

Once you have loaded these indicator and customize the properties to your own preference, simply save the chart as your template.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,122
  • Mar 22, 2015 11:50am Mar 22, 2015 11:50am
Quoting emmanuel7788
{quote} Hi, The two indicators are - 1. Synergy-Pro_TDI 2. Synergy_Pro_APB comes with the Price Action Channel PAC. you will find these in a zip file in post#50,214. The BN_Levels v1.02 is in : Post#22,389 (also read post#49,368) Once you have loaded these indicator and customize the properties to your own preference,...
thanks alot!
Raza
  • #55,123
  • Mar 22, 2015 12:02pm Mar 22, 2015 12:02pm
cool
  • #55,124
  • Mar 22, 2015 2:11pm Mar 22, 2015 2:11pm
Hello Emmanuel,,, can't seem to copy and paste the ones you have sent me ,,,, but I have added the TDI in top of the Awesome Oscillator and removed the MBFX Timing, and this works very well,,, I have also added two MA's , both at 5 , one set on High and one on Low,, and this combined with a 144 MA set as Linear Weighted gives me some very good long trades on the 5 minute chart. I do not have enough money to Trade longer time frames yet, but I will adapt these when I do.

Thanks for your help
  • #55,125
  • Mar 22, 2015 4:44pm Mar 22, 2015 4:44pm
Quoting emmanuel7788
{quote} Hi, On my watchlist, I have 12 pairs which I trade frequently. See this post. http://www.forexfactory.com/showthre...32#post7412432 On how I trade with multi-lot, read this post where i explained how it is done. Using Multiple-Lot Positions to Improve trading TMS: Post#33,507 At any one time, I trade using 1% to 2% risk per currency pair. I can have several currency pairs trades open but I limit to exposure to maximum to 10%. I seldom have...
Thanks for this post
  • #55,126
  • Mar 22, 2015 10:40pm Mar 22, 2015 10:40pm
Hi all,

Does anybody encounter any errors when trying to attach the Synergy Pro TDI indicators into the MT4 application?
After attaching one of the indicators, it will then go on an infinite loop of errors every minute.

Attached is the screenshot of the errors.
Hope someone could assist in this.

Thanks!
Warmest Regards,
Andreas
Attached Image (click to enlarge)
Click to Enlarge Name: mt4errors.JPG Size: 73 KB
Godwithus
  • #55,127
  • Mar 22, 2015 11:13pm Mar 22, 2015 11:13pm
thanks guys for this great system and help you provided me a few months back. i have finally got this, it took me a weeks worth of holidays and time to sit down and go through old charts looking at what made a win. once again guys thanks.

happy wife happy life
  • #55,128
  • Mar 22, 2015 11:20pm Mar 22, 2015 11:20pm
Quoting pgburty
Hello Emmanuel,,, can't seem to copy and paste the ones you have sent me ,,,, but I have added the TDI in top of the Awesome Oscillator and removed the MBFX Timing, and this works very well,,, I have also added two MA's , both at 5 , one set on High and one on Low,, and this combined with a 144 MA set as Linear Weighted gives me some very good long trades on the 5 minute chart. I do not have enough money to Trade longer time frames yet, but I will adapt these when I do. Thanks for your help

Hi,

I am sure when you give more weight to the TDI and the APB for all your trades setups decision, you will one day drop the AO because using the TDI and APB price action is leading over the use of the AO indicator.

Below is an example of a EURUSD H1 trade taken earlier when Tokyo open. A quick scalp +20pips simply using the real Price Bar and APB as the price action seen with price momentum which the TDI confirms with the green bounce off the red. You can verify this with your AO on your chart.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1 23 Mar trade.jpg Size: 219 KB


There is very little difference if you use the 144 LWMA compared to the 200EMA. However, if you want to trade lower TF, then I recommend you choose M15 chart timeframe instead. Read post 3018 in the Craig Harris Stochastic thread where eelfranz shared both the 5-Method and the 21/233 Method.

http://www.forexfactory.com/showthre...44#post4305744

The 21/233 Method will work well for low timeframe trading. But this thread was created by eelfranz and is dedicated to discussion on the 5-Method after the CSH thread was moved to the Commercial Content forum. He made the jump on 26 April 2011 ... Post#4,432


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,129
  • Mar 22, 2015 11:28pm Mar 22, 2015 11:28pm
Quoting AndreasSYZ
Hi all, Does anybody encounter any errors when trying to attach the Synergy Pro TDI indicators into the MT4 application? After attaching one of the indicators, it will then go on an infinite loop of errors every minute. Attached is the screenshot of the errors. Hope someone could assist in this. Thanks! Warmest Regards, Andreas {image}

Hi,

Go to your MT4 top Menu, click on File and select Open Data Folder on the drop down menu.

do you see all the Synergy Pro files in the correct sub-folders?

if not , you must copy the indicators to the correct sub-folder name.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,130
  • Mar 22, 2015 11:49pm Mar 22, 2015 11:49pm
Quoting TheScorpS
{quote} Look back the last 4 days on LO, do you see resistance there, I waited price to hit that level, went down to M5 and took the rejection with M5 divergence as well
Thanks!
  • #55,131
  • Mar 22, 2015 11:56pm Mar 22, 2015 11:56pm
Quoting emmanuel7788
{quote} Hi, Go to your MT4 top Menu, click on File and select Open Data Folder on the drop down menu. do you see all the Synergy Pro files in the correct sub-folders? if not , you must copy the indicators to the correct sub-folder name.
Hi Emmanuel7788,

Deeply appreciate the help, solving the problem for me!

I have another question for everyone out there, I am trying to work on THV CaveManager to handle my Trailing SL, but when i tried to attach to a H4 chart, it doesn't seem to work. (Attached is the error message, it seems to de-attach itself straightaway)

Aside from the enquiry above, do you guys have any EA which handles trailing stop losses?
I have no comments, this forum is too good to be true.
Am grateful for the prompt response!
Attached Image
Godwithus
  • #55,132
  • Mar 23, 2015 12:23am Mar 23, 2015 12:23am
Quoting emmanuel7788
{quote} {image} {image} Compare your chart and mine above. Those AO and MBFX in your sub-windows are not required in Trading Made Simple 5-Method. Adding all the additional colourful stuff - stars, sun, etc. on the price charts only adds to confusion when we want to make simple buy / sell decision seeing the price action. Al that we need is the TDI in sub-window and the APB/HA on the price chart. There are three successful threads all using the same core 5-Method. - Trading Made Simple - Another Simple System - Time Frame M15 - X-man's Super Simple...
Apologies for the Newbie query but how did you make the PAC have a grey outline and filled yet we were able to see the candles within? Would really appreciate a response, thanks again for all your help.

Best Regards,

Raza
Raza
  • #55,133
  • Mar 23, 2015 3:26am Mar 23, 2015 3:26am
Quoting AndreasSYZ
{quote} Hi Emmanuel7788, Deeply appreciate the help, solving the problem for me! I have another question for everyone out there, I am trying to work on THV CaveManager to handle my Trailing SL, but when i tried to attach to a H4 chart, it doesn't seem to work. (Attached is the error message, it seems to de-attach itself straightaway) Aside from the enquiry above, do you guys have any EA which handles trailing stop losses? I have no comments, this forum is too good to be true. Am grateful for the prompt response! {image}
Hi,

Make sure CM is in the Expert Advisors folder not the Indicators folder. Also go to Tools>Options>Expert Advisors and check Allow Automated Trading. You can only apply CM to one chart per pair. These are the setting that work for me.

cheers
Never argue with a fool; onlookers may not be able to tell the difference.
  • #55,134
  • Mar 23, 2015 3:31am Mar 23, 2015 3:31am
Quoting Lookleft
{quote} Hi, Make sure CM is in the Expert Advisors folder not the Indicators folder. Also go to Tools>Options>Expert Advisors and check Allow Automated Trading. You can only apply CM to one chart per pair. These are the setting that work for me. cheers
Hi Lookleft,

That helped! Thank you all so much!
Every single one of you, just too helpful.
Godwithus
  • #55,135
  • Mar 23, 2015 4:01am Mar 23, 2015 4:01am
So i hate losing money on Mondays.
Usually, i wait until Tuesday to see the direction in which the week is going. Sometimes, i find setups that should be traded.

Found one.
Break of RN, good TDI cross, entered with a smaller TP ( 30 , not the usual 40 for this pair ), TP hit, and i'm off until NYO. Practicing keeping pips!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDmicroH1.png Size: 44 KB
  • #55,136
  • Mar 23, 2015 4:17am Mar 23, 2015 4:17am
GBPJPY-H4
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-03-23_15-14-17.png Size: 39 KB
Sad i'm not trying to understand PA
  • #55,137
  • Mar 23, 2015 4:18am Mar 23, 2015 4:18am
Quoting omonisha
GBPJPY-H4 {image}
Great entry and trade.

I saw a signal 2 hours before LO, decided not to .. you took the best entry possible. Congrats!
  • #55,138
  • Mar 23, 2015 5:13am Mar 23, 2015 5:13am
Hi TMS-ers

Having gone through the thread I wanted to summarize the points I understand and making it as simple as possible. Didn't like so many fakies in M15 and H4 has too big a pip drawdown to me, so I chose H1 trading instead

TMS 5-Method
Rules
1. Indicators - Synergy bars, TDI and EMA 5 shift 2/3
2. When candle #1/#2 closes above/below EMA 5 and TDI crosses, it is trade signal
3. Angle of crosses must be good (green sloping upwards 12-2 for buy)
4. Look out for 32/68 areas
5. Look out for nearby S/R areas (@ BRN levels)
6. Avoid price consolidation areas

Money Management
1. Take trades as per signal
2. Emergency SL at last swing low/high, TP 30-50 pips
3. Check closing candle every hour since it is H1 trading. Don't mess with the trade until candle close
4. If next closing candle changes color - trade invalidation - get out and take a small loss
5. Move to BE once it is 15-25 pips up
6. Close half trade once it reaches TP levels (30 - 50 pips) and let the trade run to full potential (get out once there is trade invalidation ie candle color change)

Are the above rules and money management good enough for me to start trading the TMS way?
Do I really need to add further things to my charts to be profitable? (additional EMAs, VSA, MTF signals and charts)
About to try this on a small micro account for a month and see if it would work, just by using rules set by Big E
I see Stochs slope nobody uses it anymore, not sure if necessary
  • #55,139
  • Mar 23, 2015 5:19am Mar 23, 2015 5:19am
+50 on EUR/AUD today. The same story again. Counter-trend trade, again into EMA200 on H1, after double bottom on FO. Waited a confirmation and when the price bounced off EMA10 on M15 and broke the high of FO, i did enter. Moved to BE after +25.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 41 KB
  • #55,140
  • Mar 23, 2015 5:23am Mar 23, 2015 5:23am
Hello Friends and Emmanuel,

what is your predict for that pair?
Attached Image (click to enlarge)
Click to Enlarge Name: snap4.png Size: 35 KB
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