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Trading is as simple as ABCD

  • #7,661
  • Jul 23, 2015 2:33pm Jul 23, 2015 2:33pm
Hi guys,

For the lovers of TMA, here is a (recalculating) Double Smoothed Stochastic of Centered TMA.
Maybe you can use it ...
Attached Image (click to enlarge)
Click to Enlarge Name: dss of tma.png Size: 43 KB
Attached File(s)
File Type: ex4 DSS of tma centered 2.ex4   20 KB | 606 downloads
File Type: mq4 DSS of tma centered 2.mq4   6 KB | 661 downloads
  • #7,662
  • Jul 23, 2015 3:20pm Jul 23, 2015 3:20pm
Quoting Wulong
Hi guys, For the lovers of TMA, here is a (recalculating) Double Smoothed Stochastic of Centered TMA. Maybe you can use it ... {image} {file} {file}

thanks dude, it was sure helpful.
  • #7,663
  • Jul 24, 2015 3:49am Jul 24, 2015 3:49am
Quoting Divergence
it has appeared that this thread has veered off its original course
Well said could not agree more.
  • #7,664
  • Jul 24, 2015 4:24am Jul 24, 2015 4:24am
I would say very much same method but without 120ma and hurst envelopes for clearer roadmap.

as you know clive the boss wont change or tweak unless for the better.

his posts says more then i can add
  • #7,665
  • Jul 24, 2015 6:32am Jul 24, 2015 6:32am
Quoting devontrader
I would say very much same method but without 120ma and hurst envelopes for clearer roadmap. as you know clive the boss wont change or tweak unless for the better. his posts says more then i can add
He as stopped posting as he lost the plot ?
  • #7,666
  • Jul 24, 2015 7:06am Jul 24, 2015 7:06am
Quoting OAPDave
{quote} He as stopped posting as he lost the plot ?
no not at all daveProbably snowed under at work.maybe you can message him dave and find out
  • #7,667
  • Jul 24, 2015 7:21am Jul 24, 2015 7:21am
Clive is an institution - Lord Lucan he ain't.
  • #7,668
  • Jul 24, 2015 7:31am Jul 24, 2015 7:31am
Quoting XxLessoxX
{quote} can you post some charts of those losses, lets dissect them.
Hi XxLessoxX.

Dis some back checking. I did most things right but never looked at the 25 levels!
Damn, there is no medication for stupidity...... :nerd:
Thanx for wanting to help. I really appreciate it.
Rgds
Pieter
  • #7,669
  • Jul 24, 2015 7:35am Jul 24, 2015 7:35am
Quoting devontrader
{quote} no not at all daveProbably snowed under at work.maybe you can message him dave and find out
Pm him 3 times a few weeks ago, never had a reply so will not bother again,
DT I am not knocking what you have presented it all looks very good, BUT how many guys have the time to sit here all day long looking for these types of set-ups for only a few pips profit the vast number of times, the guys that have the time already have their own trade set-ups under their belt or have gathered enough money by other means to be able to give 1 minute trading a fair chance. What I do thank you for, is pointing out the value of bigger timeframes in getting a view of a I minute trade, of which Clive would need to be dragged kicking and screaming in that direction. Now I am thinking if the original method with all its simple ABCD approach is or would work better now adding bigger timeframes, any one done a test to compare ?.
To put it in a nutshell how many guys have the time to trade 1minute charts when they are earning real money in a fulltime job, surely the best way forward would be to find a simple trading method that can be worked in and around a fulltime job without the fear of being sacked for trading in works time.
  • #7,670
  • Jul 24, 2015 8:08am Jul 24, 2015 8:08am
Quoting OAPDave
{quote} Pm him 3 times a few weeks ago, never had a reply so will not bother again,
Hi Old Timer

Somethings amiss here as I answer all PMs as I respect people making the effort to talk to me and checking your last 3 pms I answered them all apart from the last which was a statement from you about making 40 pips so didn't warrant a reply as no question asked...

I just counted them all up 23 messages from you and 22 replies from me..

Don't understand why you haven't got the replies I can send you the replys again if you wish as they are all still there on my PM list??

Must be something wrong with your pm system or something Dave?????
Feel the Fear and do it anyway!!!
  • #7,671
  • Jul 24, 2015 8:23am Jul 24, 2015 8:23am
Quoting clivepackham
{quote} Hi Old Timer Somethings amiss here as I answer all PMs as I respect people making the effort to talk to me and checking your last 3 pms I answered them all apart from the last which was a statement from you about making 40 pips so didn't warrant a reply as no question asked... I just counted them all up 23 messages from you and 22 replies from me.. Don't understand why you haven't got the replies I can send you the replys again if you wish as they are all still there on my PM list?? Must be something wrong with your pm system or something...
Something must be amiss, no problem though, good to see you back , hope you are well, and I for one will not ask you how or were to download the indicators from, because I am interested and follow you every day on your trading pursuit reading and looking to see which way you turn next, just hoping you complete your journey with all its ups and downs but being me do not agree with some of the turns you take hahaha
  • #7,672
  • Jul 24, 2015 9:02am Jul 24, 2015 9:02am
Oapdave..buddy

the good.thing about hurst is you cant use anytimeframe.

always remember long when inner band is.up.and outerband is up.too.
Opposite.for short.

as for sitting waiting for setup im hoping to have the dashboard updated if we can find good.coders
  • #7,673
  • Jul 24, 2015 9:17am Jul 24, 2015 9:17am
Quoting devontrader
Oapdave..buddy the good.thing about hurst is you cant use anytimeframe. always remember long when inner band is.up.and outerband is up.too. Opposite.for short. as for sitting waiting for setup im hoping to have the dashboard updated if we can find good.coders
DT I agree with everything your saying, but is this not what the Bill Williams or even the Guppy Method do or as near as dam it do, and they have been around for years and all the setting are worked out for you ?
  • #7,674
  • Jul 24, 2015 9:19am Jul 24, 2015 9:19am
AUDJPY trade opened.
5/15 TMA lower band was breached.
Possible continuation here since AUDJPY has been bearish short term.
Decided to wait for 1min TMA center to turn back to red before going Short

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-24-09-01-23_OPEN.png Size: 59 KB


AUDJPY closed as price nears round number

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-24-10-00-02_FF.png Size: 52 KB


Profit = 15pips
  • #7,675
  • Jul 24, 2015 9:23am Jul 24, 2015 9:23am
GBPUSD trade opened.
5/15 TMA lower band breached.
Possible continuation here since GBPUSD has been bearish short term.
Decided to wait for 1min TMA center to turn back to red before going Short

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-24-09-04-44_OPEN.png Size: 57 KB


GBPUSD closed using "recovery" trade, as continuation did not take place as anticipated.

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-24-09-57-18_FF.png Size: 58 KB


Profit = 3pips
  • #7,676
  • Jul 24, 2015 9:27am Jul 24, 2015 9:27am
AUDUSD trade opened.
5/15 TMA lower band breached.
Possible continuation here since AUDUSD has been bearish short term.
Decided to wait for 1min TMA center to turn back to red before going Short

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-24-09-05-34_OPEN.png Size: 59 KB


AUDUSD closed using "recovery" trade, as continuation did not take place as anticipated.

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-24-09-45-04_FF.png Size: 59 KB


Profit = 6pips
  • #7,677
  • Jul 24, 2015 9:29am Jul 24, 2015 9:29am
Today activities:

AUDJPY = 15 pips
GBPUSD = 03 pips
AUDUSD = 06 pips

Total Profit = 24pips
  • #7,678
  • Jul 24, 2015 9:59am Jul 24, 2015 9:59am
Quoting Divergence
it has appeared that this thread has veered off its original course
Whether this thread has veered off course, or is in a "progressive refinement" stage will depend on how the author Clive feels.

Remember in the early days of trading, the common strategy was "buy-and-hold" long term.
As history has revealed, many have lost their "shirt" using that strategy.
"Progressive refinement" has lead to short term trading, and now "quant/algorithmic" trading.

Personally I did try Clive's original method, without consistent success.

Then as I continued to peruse this thread I noticed the introduction of TMA bands. ("devontrader")
I studied them, and combined the strategy with not over-leveraging and using good money management ("XxLessoX")

Ultimately the TMA bands provides a price-action view of multiple timeframes, on a single chart.
I can then make a fairly informed probability trade.

After seeing the success I was achieving with this strategy, the best move would be to share with others, as this is where I got the idea from in the first place.

Nonetheless, if Clive sees that maybe such postings should be in another thread, then I am OK with that too.
  • #7,679
  • Jul 24, 2015 10:05am Jul 24, 2015 10:05am
Quoting AJLFx
{quote} Whether this thread has veered off course, or is in a "progressive refinement" stage will depend on how the author Clive feels. Remember in the early days of trading, the common strategy was "buy-and-hold" long term. As history has revealed, many have lost their "shirt" using that strategy. "Progressive refinement" has lead to short term trading, and now "quant/algorithmic" trading. Personally I did try Clive's original method, without consistent success. Then as I continued to peruse this...
i dont have a problem with it cos it is still trading same.method.we.can all learn from others which can help.im curious to know what settings your using for.tma etc.maybe post your template so we all can have your chart to follow?
  • #7,680
  • Jul 24, 2015 10:17am Jul 24, 2015 10:17am
Hi everyone, this is a very nice scalp system. Managed to bank 32 pips in the morning session just got back from that minions film with my kids so will see what the rest of london and NY have to offer. Thanks to Jason for getting me going with the templates and indi's.
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