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MalvernTrust replied Mar 21, 2021Awesome and Thank you very much RH for your detailed explanations. Seems like we can avoid more SL and many quick and Small TPs possible in the new method of entries and exits, Thanks again.
Trading Made Simple(r)
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MalvernTrust replied Mar 20, 2021Great, let me try this, are we completely ignore RSI !? Also I don't see MA5 and HMA12 in the charts, discord these too !? Then its completely purely based on Stochastics. Another observation from my end Stochastic 15,5,5 working well than others.
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MalvernTrust replied Mar 17, 2021That makes sense to me and thanks for the clarifications. All the best Cristeam
Trading Made Simple(r)
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MalvernTrust replied Mar 17, 2021Mr.abokwaik looks like already made an EA with these set of rules. EA location : https://www.forexfactory.com/thread/post/12460894#post12460894
Trading Made Simple(r)
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MalvernTrust replied Mar 17, 2021Hi Abokwaik, Thanks so much for your time and efforts. Is this your latest/greatest version. There are many in TMS(R) would like to test this strategy with various permutations and combinations. Thanks, MT
Free Coding to backtest your strategy
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MalvernTrust replied Mar 17, 2021Thanks cristeam for your initiative, appreciated, did you try automate by using MQL4 !?
Trading Made Simple(r)
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MalvernTrust replied Mar 17, 2021Hi Tylor, Are you still using this EA and looking for suggestions, can you able to modify the code with HTF and other settings. I can coordinate with you for the best setup and various combinations. Let me know if you are interested. Thank you - MT
Trading Made Simple(r)
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MalvernTrust replied Mar 17, 2021You are very welcome. I believe trading against the crowd has some edge even with regular indicators. But I strongly believe if we combine with RH's powerful template we can get more confluence. We need to learn how to utilize with these ...
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MalvernTrust replied Mar 16, 2021USDCAD Short turned very well this morning. TSM(R) already confirming, Sentiment also went extreme, you can see before and after effects. May be a breakout trade USDCAD may go down further.
Trading Made Simple(r)
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MalvernTrust replied Mar 16, 2021Yes your understanding is correct. Here is the link to download url For H4/D1 trading this free lite version is sufficient. If you are trading lower time frame like scalping these data may not be accurate.
Trading Made Simple(r)
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MalvernTrust replied Mar 16, 2021Anytime Mr.RH. Another example GBPNZD H4 looks like a Long sentiment clearly says Short and TMS(r) looks like short. I wont take long trade unless sentiment changes or TSM(r) changes to Long.
Trading Made Simple(r)
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MalvernTrust replied Mar 16, 2021Here are the two examples USDCAD Short : TSM(R) already showing short based on the maximum number of indicators on H4/D1. Along with this sentiment 60 % Traders are net long so additional confirmation to enter short. GBPUSD Neutral : TSM(R) was kind ...
Trading Made Simple(r)
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MalvernTrust replied Mar 16, 2021Thank you RH for your time to analyze the GBPAUD Chart. Checking weekly also a good idea. Absolutely make sense to me. Additionally what I am observing is Sentiment Index is a Key ( Trade against the crowd). If its neutral or opposite then trade ...
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MalvernTrust replied Mar 16, 2021Trying on Indices and exotics , Few Successful Trades :-)
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MalvernTrust replied Mar 15, 2021Nice, Which setting you are trying to achieve this !?
Millionaire Expert (save as EA)
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MalvernTrust replied Mar 15, 2021GBPAUD Possible Sell !? Daily RSI is just above 50 Slow Stoch 54 and Fast Stoch 25 H4 RSI, Slow and fast Stoch all below 50 Can we short now or do we need to wait another day for more confirmation ?
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MalvernTrust replied Mar 14, 2021Thank you very much RH for all your inputs.
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MalvernTrust replied Mar 14, 2021That's a great idea RH, I never tried on daily Charts, less stress, if we just trade 1% we don't need to worry about the huge stop loss. So rules are same correct !? If we are trading on Daily then setup should be completely inline with Weekly ...
Trading Made Simple(r)
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MalvernTrust replied Mar 12, 2021Wow :-) Good to know, I never heard TMS has EA. That would be helpful if you can share some info. Thanks
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