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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

  • #56,161
  • Apr 22, 2015 8:07pm Apr 22, 2015 8:07pm
[quoting emmanuel 7788]If you have question on setting specific feature and exit according to your trade exit strategy, you can post here and I will help you with the actual settings.[/quote]

Hi Big Eman! Thank u a lot for CM EA and ur kind support. I'll use and will inform u as i progress.
Regards
Winners Never Quit, Quitters Never Win
  • #56,162
  • Apr 22, 2015 8:37pm Apr 22, 2015 8:37pm
Quoting Phx62
{quote} The information you asked about is all in the thread and has been addressed several times. The best thing you could do is read, study and search that information out. A good place to start is the paperclip at the top of the thread. This time, I will answer this again. The indicator at the top of the chart is one that was developed by a friend of mine and I paid him to provide it to me. It is not for sale. There are similar indicators that you can find for free in other threads and doing a Google search. The arrows and lines indicating completed...
Thanks a lot.
  • #56,163
  • Apr 22, 2015 9:37pm Apr 22, 2015 9:37pm
Quoting ZeF
TRO MULTI METER CANDLE COLOR RE-CODING This indicator shows TF direction directly on your screen. Re-coded this widely circulated TRO meter: Hidden labels; Replaced bars with TF names so no cluttering on the screen anymore (got inspired by Phx62's templates)! Reduced M1 and M5 TF (hidden). Any suggestions welcomed. Read about TRO before using. {image} {image} {file} {file}
Hi Zef

Was reading back that u were working on the Dashboard MTF indicator that many traders here ask about , good inspiration, thats a great job you have done, gonna test it that and hope that M1 and M5 are there as well, if not is it possible to have M1 and M5 back in the MTF ?

Thanks
I Have Learned to Take Some Losses to Make Profits
  • #56,164
  • Apr 23, 2015 12:36am Apr 23, 2015 12:36am
Quoting TheScorpS
{quote} Hi Zef Was reading back that u were working on the Dashboard MTF indicator that many traders here ask about , good inspiration, thats a great job you have done, gonna test it that and hope that M1 and M5 are there as well, if not is it possible to have M1 and M5 back in the MTF ? Thanks
Hi TSS,

Of course I can switch on and off any TF from 1 Minute to 1 Month.
Here's how it looks on my chart - removed all but M15 to W1 and set it right under my Cave Manager.
Attached Image

Please post exactly what TF you need and what font / size you need it, so I can re-code. Position you can adjust yourself from the pop-up tab posted earlier, no coding required.
Best regards, Zef
  • #56,165
  • Apr 23, 2015 1:20am Apr 23, 2015 1:20am
Quoting emmanuel7788
GBPAUD H1 London open trades. The LO candle is an Inside bar of the FO candle, I place my entry above the FO candle as the IB breakout. Now Pos 3 is protected at BE before NYO. {image}
Hey Emm, trying to learn from your trade here

You went long because the candle close above the previous MC right. But I still see several huge WRBs before them - wouldn't that mean no tradings since price is in consolidation and might bounce up down?
Attached Image (click to enlarge)
Click to Enlarge Name: emmtrade.png Size: 25 KB
  • #56,166
  • Apr 23, 2015 2:56am Apr 23, 2015 2:56am
+50 EJ, +7 EU (closed manually)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 71 KB
Click to Enlarge Name: EURUSDH1.png Size: 29 KB
  • #56,167
  • Apr 23, 2015 3:02am Apr 23, 2015 3:02am
Quoting ZeF
{quote} Hi TSS, Of course I can switch on and off any TF from 1 Minute to 1 Month. Here's how it looks on my chart - removed all but M15 to W1 and set it right under my Cave Manager. {image} Please post exactly what TF you need and what font / size you need it, so I can re-code. Position you can adjust yourself from the pop-up tab posted earlier, no coding required.
HI Zef, thanks again for your help, Let me make up the way this indi should looks and I will PM u there the details, not scaring u just simple the way u did it , since lots of TMS traders need that so u can give it a shoot and I think its a good bonus to TMS
I Have Learned to Take Some Losses to Make Profits
  • #56,168
  • Apr 23, 2015 3:11am Apr 23, 2015 3:11am
Quoting WDays
+50 EJ, +7 EU (closed manually) {image} {image}
Nice green on EJ WD
Sad i'm not trying to understand PA
  • #56,169
  • Apr 23, 2015 3:19am Apr 23, 2015 3:19am
Quoting omonisha
{quote} Nice green on EJ WD
Thanks om It was very poor timing since I opened it at midnight my time, which is like 10 pm gmt... Fortunately it started to move around 4 in the night.
  • #56,170
  • Edited 3:38am Apr 23, 2015 3:25am | Edited 3:38am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 142 KB


tdi green crossed down tdi red , and actual result of EUR news are all bad for EUR . and when i sell it bounce in the next candle and touch my SL - 30 pips . Please Enlighten me.




Actualy i know that hammer candle is a signal that there will be a reverse , but .. its a news time man
Take What You Can , Give Nothing Back
  • #56,171
  • Apr 23, 2015 3:32am Apr 23, 2015 3:32am
-300 pips on E/U short...is there something wrong with my entry trade?
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 55 KB
  • #56,172
  • Apr 23, 2015 3:36am Apr 23, 2015 3:36am
Quoting vayzardos
-300 pips on E/U short...is there something wrong with my entry trade? {image}
same as me then -30 pips you are lucky if that demo acc . Me is real acc TT
Take What You Can , Give Nothing Back
  • #56,173
  • Apr 23, 2015 3:36am Apr 23, 2015 3:36am
Quoting vayzardos
-300 pips on E/U short...is there something wrong with my entry trade? {image}
The fact that there were 2 sets of eur news and demand (look left). I took off mine for +7 because it was failing to go lower. Even though the news are euro negative, the market doesn't always react rationally and logically... Smart money moves out of their positions leading an avalanche of people running from their own and moving price the opposite way.
  • #56,174
  • Apr 23, 2015 3:37am Apr 23, 2015 3:37am
Quoting WDays
{quote} Thanks om It was very poor timing since I opened it at midnight my time, which is like 10 pm gmt... Fortunately it started to move around 4 in the night.
That was a nice area. You got the pin near the weekly high. Is that violet line is weekly hi?
Sad i'm not trying to understand PA
  • #56,175
  • Apr 23, 2015 3:41am Apr 23, 2015 3:41am
Quoting omonisha
{quote} That was a nice area. You got the pin near the weekly high. Is that violet line is weekly hi?
It's a daily resistance level, I actually took it at the open of the new day candle because it looked like this.

H1 had good PA up until my entry, with a pullback candle failing to close above that violet line, TDI cross, APB changed color and broke the low of the PB candle
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 15 KB
  • #56,176
  • Apr 23, 2015 3:45am Apr 23, 2015 3:45am
Quoting vayzardos
-300 pips on E/U short...is there something wrong with my entry trade? {image}
http://www.forexfactory.com/attachme...1&d=1429777950

Quoting Donquixote
{image} tdi green crossed down tdi red , and actual result of EUR news are all bad for EUR . and when i sell it bounce in the next candle and touch my SL - 30 pips . Please Enlighten me. Actualy i know that hammer candle is a signal that there will be a reverse , but .. its a news time man

You are trading into the bottom of a consolidation range.... that is where the bounce happen.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD week 17 H4 WRB.png Size: 25 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #56,177
  • Apr 23, 2015 3:55am Apr 23, 2015 3:55am
Quoting arize
{quote} Hey Emm, trying to learn from your trade here You went long because the candle close above the previous MC right. But I still see several huge WRBs before them - wouldn't that mean no tradings since price is in consolidation and might bounce up down? {image}
http://www.forexfactory.com/attachme...1&d=1429769991

Hi,

There were no WRb before the FO candle.
That huge bar to the left was the Aussie CPI news candle and was about 143pips.
Do you know that green support line your draw on the chart above?

Look at Weekly and Daily charts without the APB.
You see the 17 Apr Friday Close and the 20 Apr Monday Open ... see the huge gap? ... and the BRN 1.9200


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #56,178
  • Edited 4:14am Apr 23, 2015 3:56am | Edited 4:14am
Quoting Donquixote
{image} tdi green crossed down tdi red , and actual result of EUR news are all bad for EUR . and when i sell it bounce in the next candle and touch my SL - 30 pips . Please Enlighten me. Actualy i know that hammer candle is a signal that there will be a reverse , but .. its a news time man
Hi

Even with the most perfect entry possible, remember to follow your IF ... THEN plan.

Part of the advice Phx gives is:
"If PA pulls back during the first 10 or 20 pips, I know my analysis was wrong so I try exit with a small profit or loss and look for the next setup."
and
"When PA is strong I move my TP to 100 or 200 pips or exit if PA dictates. I do not allow my SL to be taken out, if the market pulls down 15 - 25 pips I exit."
and
"Bring the trade to break-even after 20-30 pips .... do not take a big loss after that, can rather re-enter later."

Work through his PDF examples - it is gold !!!
Never give up !!!
  • #56,179
  • Apr 23, 2015 3:59am Apr 23, 2015 3:59am
Now is the time you should be looking at GBPAUD, GBPNZD and GBPCAD... H1
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #56,180
  • Apr 23, 2015 4:00am Apr 23, 2015 4:00am
Quoting ZeF
TRO MULTI METER CANDLE COLOR RE-CODING This indicator shows TF direction directly on your screen. Re-coded this widely circulated TRO meter: Hidden labels; Replaced bars with TF names so no cluttering on the screen anymore (got inspired by Phx62's templates)! Reduced M1 and M5 TF (hidden). Any suggestions welcomed. Read about TRO before using. {image} {image} {file} {file}
Hi ZeF,

We can find someone to cooding but we must to know how to use it... That's important thing, I think


Regards,
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