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Trading Made Simple

  • #56,421
  • May 1, 2015 3:30am May 1, 2015 3:30am
Quoting theunis
{quote} Hi Except if you have a VPS and the EA runs on there, in which case your VPS computer is always on and the EA are then always on as well. But running a VPS is quite another beast to tame and definitely not for beginners, I have learned some very expensive lessons before I could start to use them well.


That's why I didn't mention VPS. Total nightmare as far as I'm concerned
Never argue with a fool; onlookers may not be able to tell the difference.
  • #56,422
  • May 1, 2015 3:40am May 1, 2015 3:40am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH4.png Size: 47 KB
  • #56,423
  • May 1, 2015 3:56am May 1, 2015 3:56am
Quoting adikashyap
{image}
Hi adikashyap! Great trades, congrats to u! Will u share your ATR indicator that is visible bottom left of ur chart, just above the tdi indicator window.

Regards,
Winners Never Quit, Quitters Never Win
  • #56,424
  • May 1, 2015 4:44am May 1, 2015 4:44am
Quoting hsn100
{quote} Hi adikashyap! Great trades, congrats to u! Will u share your ATR indicator that is visible bottom left of ur chart, just above the tdi indicator window. Regards,
Thnx Buddy ...
Here we go ...
Attached File(s)
File Type: ex4 xADR.ex4   10 KB | 386 downloads
File Type: mq4 xADR.mq4   4 KB | 434 downloads
  • #56,425
  • May 1, 2015 8:34am May 1, 2015 8:34am
GU H1
Bearish PA on the D1 chart and news. Entered after the news candle had shown good momentum. CM used to manage trade.
Initial SL 30
TP1 +30 (CM moved SL to BE)
TP2 +50
TP3 not reached manually closed for +60 when price stalled

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 26 KB


Have a good weekend all and don't forget London is closed on Monday

cheers
Never argue with a fool; onlookers may not be able to tell the difference.
  • #56,426
  • May 1, 2015 8:35am May 1, 2015 8:35am
2015 Week 18 - Trade Summary:

3 trades in total:
- 2 wins
- 0 BE
- 1 Loss

Three trades for me this week on EA H1. Missed the main move of the week on Thursday as I had an event at work all morning. Checked my charts a few hours later to see that LO had formed a 200 pip candle!!! Always the way...

Anyway, 2 wins and a loss with my 1:2 Risk:Reward gave another +6% this week. Slowly building up the new live account

Monday: I opened my charts at LO and watched the LO candle form a two candle reversal formation. I was now ready for London to trend down for the session. However, I waited for a break of the Asian low (marked by the white line). Entered on a break of this level with TDI green crossing down through red, yellow and the 50 line). Price immediately reversed spiking me out of the trade. Markets were flat for most of the day. (-25, -2%)

Tuesday: Posted this one earlier in the week. I took entry on the LO+1 candle following a break below the LO candle with TDI green sitting below red, yellow and 50. Price was choppy initially but started to move prior to NY. A quick spike hit my TP and had I been around at the time, I might have considered moving to +100. (+50, +4%)

Wednesday: Tried entering as soon as LO broke above the Asian high but my trading platform crashed when I placed the order. By the time I rebooted it, price had moved almost 15 pips higher! I took a risk and entered anyway. My poor entry meant I had that London fell short of my TP. I kept my SL at -25 and my TP was eventually hit in NY. (+50, +4%)

Thursday: I was unable to trade on Thursday as I had an event at work which started bang on LO. Had I traded, it would have been TMS entry on the break above Frankfurt candle for +50 or possibly +100. I certainly didn't expect the 250 pip session we ended up with! Its also worth noting the double top which occurred at the end of NY to signify the end of the short term trend. Something that I've noticed happens a lot whilst following this pair.

Friday: I don't trade bank holidays so had already decided at the beginning of the week that I wouldn't be trading today. Frankfurt was surprisingly volatile but London was fairly predictable on the whole, moving sideways for most of the session. Had I entered, I would have been stopped out early on in the session for a loss.

I plan to trial some split position trading next week using CM. This seems to be increasingly popular in this thread, particularly for intra-day traders. Hopefully I'll get some time this weekend for some back-testing so I can choose some suitable targets.

I like the idea of using 3 batches (eg. TP's at +50, +100, +150, all with 25 pip SL, risking 1% on each batch). Had I applied this on the past week's trades, it would have generated 15% as oppose to 6%. Had I traded Thursday as well, it would have given 27% account growth in a single week whilst never risking more than 3% at a time.

Anyway, as always have a good weekend all!

Ballistical
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB
Focus on the process and the profits will follow
  • #56,427
  • May 1, 2015 10:09am May 1, 2015 10:09am
Quoting adikashyap
{quote} Thnx Buddy ... Here we go ... {file} {file}
Thanks a lot!
Winners Never Quit, Quitters Never Win
  • #56,428
  • May 1, 2015 10:25am May 1, 2015 10:25am
Quoting Ballistical
2015 Week 18 - Trade Summary: 3 trades in total: - 2 wins - 0 BE - 1 Loss Three trades for me this week on EA H1. Missed the main move of the week on Thursday as I had an event at work all morning. Checked my charts a few hours later to see that LO had formed a 200 pip candle!!! Always the way... Anyway, 2 wins and a loss with my 1:2 Risk:Reward gave another +6% this week. Slowly building up the new live account Monday: I opened my charts at LO and watched the LO candle form a two candle reversal formation. I was now ready for London to...
Thanks for sharing.
That LO yesterday was incredible. I had a pending order reaching TP in under 15 minutes.

Is your 25 pip SL not too tight for the EA during London ? I'm trying to find some magic numbers for the GA and EA on the H1 LO frame.
Best regards, Zef
  • #56,429
  • May 1, 2015 11:50am May 1, 2015 11:50am
Thanks All for sharing.

This strategy is great system. It's clear when to entry order.
but I still confuse to determine TP or SL.
I have used Cave manager. but still not get best setting. I Trade 1H chart
anyone can share the Cave manger setting ?

Thanks a lot
  • #56,430
  • May 1, 2015 12:30pm May 1, 2015 12:30pm
Hello everyone,

I was introduced to this tread by a friend, and I'm amazed at the legacy Big E has left behind!! May he RIP!

I'm going to start reading the long tread from post 1 on, but I would like to have the latest indicators used on MT4. Could someone please share or point to the post that has the latest indicators I would need?

Also, there is talk of MTF Dashboard and Cave Manager, someone please let me know what these are and how they fit into this system?

Many thanks for any help!!
Joseph
  • #56,431
  • May 1, 2015 12:45pm May 1, 2015 12:45pm
Quoting Karado58
Hello everyone, I was introduced to this tread by a friend, and I'm amazed at the legacy Big E has left behind!! May he RIP! I'm going to start reading the long tread from post 1 on, but I would like to have the latest indicators used on MT4. Could someone please share or point to the post that has the latest indicators I would need? Also, there is talk of MTF Dashboard and Cave Manager, someone please let me know what these are and how they fit into this system? Many thanks for any help!! Joseph
Hi Karado,

Check this post by senior member Emmanuel, for TMS newbies:

http://www.forexfactory.com/showthread.php?p=8211105#post8211105

You'll find there shortcuts to take and the 2 basic indicators - APB and the TDI. The rest of them vary with members but these two are the core method.

Also make sure you read all posts by member Snarlyjack from October 2014 until now.

Read post #647 and see beyond what is written there... (price action + tdi..)

Also we have 4 studies by member Phx62, put together by some good souls here at ff:

Studies I, II and III here:
http://www.forexfactory.com/showthre...80#post7910580

Study IV here:
http://www.forexfactory.com/showthre...09#post7169409

And Study V here:
http://www.forexfactory.com/showthre...26#post7797726

The CaveManager has nothing to do with the TMS. It is a trade manager. It is used to set SL/TP and manage a trade in batches. It has its own thread, you can go there for info. It is very useful EA.
Best regards, Zef
  • #56,432
  • May 1, 2015 12:51pm May 1, 2015 12:51pm
Quoting Karado58
Hello everyone, I was introduced to this tread by a friend, and I'm amazed at the legacy Big E has left behind!! May he RIP! I'm going to start reading the long tread from post 1 on, but I would like to have the latest indicators used on MT4. Could someone please share or point to the post that has the latest indicators I would need? Also, there is talk of MTF Dashboard and Cave Manager, someone please let me know what these are and how they fit into this system? Many thanks for any help!! Joseph
Hi

I attached the indicators and template that you need , the cave manager is for managing your trade after open 'partial close/set TP/SL' I attached a pdf of how to use it in TMS, if you need any additional indicators check the paperclip, you'll find what you need .
Attached File(s)
File Type: rar Nouveau dossier.rar   581 KB | 719 downloads
  • #56,433
  • May 1, 2015 1:15pm May 1, 2015 1:15pm
Hi lookleft , i have the indicator in my folder but when i click to see it in the navigator its absent , how can i get a screenshot impossible.
  • #56,434
  • May 1, 2015 3:08pm May 1, 2015 3:08pm
RIP BigE. I have learned a lot. Thank you.
  • #56,435
  • May 1, 2015 3:53pm May 1, 2015 3:53pm
Quoting ZeF
{quote} Hi Karado, Check this post by senior member Emmanuel, for TMS newbies: http://www.forexfactory.com/showthread.php?p=8211105#post8211105 You'll find there shortcuts to take and the 2 basic indicators - APB and the TDI. The rest of them vary with members but these two are the core method. Also make sure you read all posts by member Snarlyjack from October 2014 until now. Read post #647 and see beyond what is written there... (price action + tdi..)...
Excellent posts the last months ..you re doing really a great job here !!... subscribed to you ... Echt gut gemacht !Guido
Risiko birgt immer auch die Chance.
  • #56,436
  • May 1, 2015 4:18pm May 1, 2015 4:18pm
Quoting ZeF
{quote} Thanks for sharing. That LO yesterday was incredible. I had a pending order reaching TP in under 15 minutes. Is your 25 pip SL not too tight for the EA during London ? I'm trying to find some magic numbers for the GA and EA on the H1 LO frame.

Hi ZeF,

I've been following this pair for a while and don't ever remember seeing an LO candle like yesterday's. Pretty disappointed to have missed it.

The 25 pip SL can be tricky and I certainly wouldn't use any less during LO. Most of the times that I take a loss, it's because I enter too early on while the initial LO noise is occurring, or I get the trend direction for the session wrong. It's best to wait for some clear PA confirmation to signal that the London trend has begun and then jump in. I'd say the best way to come up with some figures though is to manually backtest GA and EA with several different SL's for the past few weeks. See which give the best results for your strategy.



Hope this helps!

Ballistical
Focus on the process and the profits will follow
  • #56,437
  • May 1, 2015 5:30pm May 1, 2015 5:30pm
ZeF, bnv, much appreciated!! Thank you!!
  • #56,438
  • May 2, 2015 4:29am May 2, 2015 4:29am
Quoting jeank
Hi lookleft , i have the indicator in my folder but when i click to see it in the navigator its absent , how can i get a screenshot impossible.
Hi jeank
Firstly have you closed and restarted MT4? Also Bernardi had the same problem so make sure you have all the Synergy Pro indicators in the indicator folder (there is a zip in the paperclip) as the MTF seems to rely on one of them even if you don't have them all on the chart.

cheers
Never argue with a fool; onlookers may not be able to tell the difference.
  • #56,439
  • May 2, 2015 5:27am May 2, 2015 5:27am
Quoting ZeF
{quote} Hi Karado, Check this post by senior member Emmanuel, for TMS newbies: http://www.forexfactory.com/showthread.php?p=8211105#post8211105 You'll find there shortcuts to take and the 2 basic indicators - APB and the TDI.....
Hi Zef! What a great effort buddy!
Winners Never Quit, Quitters Never Win
  • #56,440
  • May 2, 2015 7:43am May 2, 2015 7:43am
Quoting emmanuel7788
EURAUD H1 trades closed. {image} trades managed using CaveManager. Instead of using the script to place 3-multi-lot entries with 3 TPs, I use 1 single lot entry and let CM do the TP_By_Batch which is similar to the 3-multi-lot entries with 3_TPs.
Dear Emmanuel:

I see the highlighted window in the image that "Use TP_By_Batch" is "false', isn't that supposed to be "true"?

Can I also take a peek at the rest of your CaveManager setting? Many thanks in advance.

best regards,

mousteven
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