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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

  • #55,741
  • Apr 9, 2015 10:31pm Apr 9, 2015 10:31pm
Quoting vayzardos
{quote} hi big emm i download the script and put it on my metatrader 4 script folder but when i click it nothing is happening do you know what is probably the problem?i also test it on another broker platform but its the same nothing is happening...thank you so much big emm im hoping i can also use your script for my trading.. {image}

you need to check your MT4 settings.

read post# 55,468
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,742
  • Apr 9, 2015 11:00pm Apr 9, 2015 11:00pm
Quoting emmanuel7788
{quote} you need to check your MT4 settings. read post# 55,468
thank you big emm and omonisha i contacted my broker customer service and now it works...forgot to let auto trading on

now waiting for a setup and try using the script...E/J have a setup but the candle so small didnt want to enter
  • #55,743
  • Apr 9, 2015 11:08pm Apr 9, 2015 11:08pm
Quoting omonisha
{quote} Never tested before. Just now test it. works perfectly. Just drag and release exactly where you want to enter. For short use Sell script and for long use buy script {image}
Do you mind re-posting the indi/script?

Can't find it at the moment. Sorry
  • #55,744
  • Apr 9, 2015 11:10pm Apr 9, 2015 11:10pm
Quoting Vladbold
{quote} Do you mind re-posting the indi/script? Can't find it at the moment. Sorry
here it is vladbold
Attached File(s)
File Type: ex4 Delete_Object_ #(script).ex4   4 KB | 227 downloads
File Type: ex4 DeleteAllPendingOrders(script).ex4   5 KB | 223 downloads
File Type: ex4 Drop_3Lots_PendingBuy (script).ex4   6 KB | 241 downloads
File Type: ex4 Drop_3Lots_PendingSell (script).ex4   6 KB | 235 downloads
  • #55,745
  • Apr 9, 2015 11:26pm Apr 9, 2015 11:26pm
Quoting vayzardos
{quote} here it is vladbold {file} {file} {file} {file}
Thank you!
Will use this next NFP.
  • #55,746
  • Apr 10, 2015 12:02am Apr 10, 2015 12:02am
Yesterday I was able for my first time to make 171 points in one day
EU, GA, UJ
Attached Image (click to enlarge)
Click to Enlarge Name: overview.png Size: 48 KB
Regards
  • #55,747
  • Apr 10, 2015 12:11am Apr 10, 2015 12:11am
Quoting fulltilt
Yesterday I was able for my first time to make 171 points in one day EU, GA, UJ {image}

that's good.
learn from those trade entries and repeat them, improve on your trade exits to gain more pips, ...every other day.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,748
  • Edited 12:41am Apr 10, 2015 12:18am | Edited 12:41am
Quoting vayzardos
{quote} here it is vladbold {file} {file} {file} {file}

those scripts are in post#55,407 and read the notes written in that post. They are meant to help.

learn to use the paper clip and locate the post with scripts, simply provide the link to the post and not re-post the attachments.

thank you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,749
  • Apr 10, 2015 12:30am Apr 10, 2015 12:30am
Quoting fulltilt
Yesterday I was able for my first time to make 171 points in one day EU, GA, UJ {image}
Congratulations ,
Is that a indicator, could u share ? thanks
  • #55,750
  • Apr 10, 2015 12:45am Apr 10, 2015 12:45am
TMS-Monitor is an EA, i-profittracker the indicator
Attached File(s)
File Type: ex4 i-Profittracker.ex4   23 KB | 357 downloads
File Type: ex4 TmsMonitor-v1.ex4   16 KB | 395 downloads
Regards
  • #55,751
  • Apr 10, 2015 12:59am Apr 10, 2015 12:59am
Hi Emmanuel & all,

I did 3 trade yesterday till today, 1 ended in profit and 2 ended in loss. I appreciate any comment on what I did wrong and could have done better:

USD/JPY 4H
Green Line Short, red line S/L
Attached Image (click to enlarge)
Click to Enlarge Name: UJ.png Size: 24 KB



EUR/GBP 4H
Green Line long, red line S/L
Attached Image (click to enlarge)
Click to Enlarge Name: EG.png Size: 24 KB


GBP/CAD 4H
Green Line Short, red line Exit
Attached Image (click to enlarge)
Click to Enlarge Name: GCAD.png Size: 26 KB


All comments are welcomed!

Regards,
Clive
  • #55,752
  • Apr 10, 2015 2:07am Apr 10, 2015 2:07am
Took 2 trades today. Decided not to be greedy on friday, so my targets were not really big. EUR/AUD took on LO a little bit late (missed for 15 pips) and GBP/AUD took on LO+1, because i try not to enter on the first reversal candle, especially on the session open cadle. After news GA had a nice momentum and my TP 40 pips was hit suddenly and very quickly. Decided to close EA manually because of double bottom on H1 and divergence. This move can continue much longer, but i took what i had and done for the week, as i have reached my target. 140 pips for 2 days is really enough for me.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 32 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH1.png Size: 32 KB
  • #55,753
  • Apr 10, 2015 2:14am Apr 10, 2015 2:14am
Quoting emmanuel7788
{quote} you need to check your MT4 settings. read post# 55,468
Emmanuel,

I started using these scripts, with good results, but I'm using them on the H4 TF. Currently I use the same TPs as you (default ones for the script), but I end up with the three trades closed too soon, and watching the pair going further for 200 pips or more, and as re-entering is harder, I usually sit on the sideline watching it advance and it drives me nuts, because then it takes too much until I find another suitable entry, I'd like to ride the trend more time.

Would it be correct to double the TPs for the H4, as the trades usually take longer to develop?


Thank you very much in advance
Had to be me. Someone else might have gotten it wrong.
  • #55,754
  • Apr 10, 2015 2:15am Apr 10, 2015 2:15am
Quoting toledoFX
Took 2 trades today. Decided not to be greedy on friday, so my targets were not really big. EUR/AUD took on LO a little bit late (missed for 15 pips) and GBP/AUD took on LO+1, because i try not to enter on the first reversal candle, especially on the session open cadle. After news GA had a nice momentum and my TP 40 pips was hit suddenly and very quickly. Decided to close EA manually because of double bottom on H1 and divergence. This move can continue much longer, but i took what i had and done for the week, as i have reached my target. 140 pips...
Nice well disciplined trading toledoFX

EURJPY-H4
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-04-10_15-12-49EURJPY.png Size: 32 KB
Sad i'm not trying to understand PA
  • #55,755
  • Apr 10, 2015 2:26am Apr 10, 2015 2:26am
Quoting omonisha
{quote} Nice well disciplined trading toledoFX EURJPY-H4 {image}
Fantastic trade as always, Omonisha! You read H4 charts like open book! I have always struggled with that TF.
  • #55,756
  • Apr 10, 2015 2:36am Apr 10, 2015 2:36am
Quoting emmanuel7788
{quote} Hi, To trade H1, we must rely more on the Price Action and the use of Support and Resistance. The TDI is only a confirmation of the price momentum which supports the Price Action. TDI is always lagging the PA. Trading H1 intraday, keep your trade setups simple. use onlty the common type of H1 setups, keep 5 simple PA setups. Do Not make a tared plan with lots of different setups which will make things difficult when intraday trading. Once you have found consistency in your entries, you then work on a disciplined Money Management strategy...
hi big emm i want to ask about your trading psychology...on the e/u trade i see you let the trade keep running almost all the day even though on the middle of the trade there is 2 blue candle and a weak buy signal....how do you handle those kind of trade in your mind?if its me i think my maximum of keeping the trade running is only 3-4 hour...and do you put the SL to BE once it hit a certain pips?thank you big emm
  • #55,757
  • Apr 10, 2015 3:25am Apr 10, 2015 3:25am
Hello BigEmm,

have you ever trade monday or friday?

Dan
  • #55,758
  • Apr 10, 2015 3:54am Apr 10, 2015 3:54am
Quoting Trader MT4
Hello BigEmm, have you ever trade monday or friday? Dan

yes, I trade everyday when market is open.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,759
  • Apr 10, 2015 3:54am Apr 10, 2015 3:54am
Quoting omonisha
{quote} Nice well disciplined trading toledoFX EURJPY-H4 {image}
I would have entered that E Y candle at the end, or at the previous low break, why did you enter it so early? you catched a very good move
  • #55,760
  • Apr 10, 2015 3:57am Apr 10, 2015 3:57am
Quoting Clivethien
Hi Emmanuel & all, I did 3 trade yesterday till today, 1 ended in profit and 2 ended in loss. I appreciate any comment on what I did wrong and could have done better: USD/JPY 4H Green Line Short, red line S/L {image} EUR/GBP 4H Green Line long, red line S/L {image} GBP/CAD 4H Green Line Short, red line Exit {image} All comments are welcomed! Regards, Clive
My thoughts on these trades

If you look at the APB on your losing trades the wicks are grey. When using the Synergy APB this is a sign of price consolidation. Drop down to the H1 chart and you'll see this clearly on the EG trade. There is a Synergy Pro manual in the paperclip that details this.

The TDI for the UJ trade wasn't a cross it was a touch and in fact bounced. The EG TDI was lurking around the 32 area which again can be a sign of consolidation.

Well done on GC

cheers
Never argue with a fool; onlookers may not be able to tell the difference.
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