I don't use the DOTS method that you are referring to. I use price, in line form for my template (s) (see my charts), with one or two other straightforward indicators that I've mentioned in previous posts. Therefore, my version of TMS (or TMSS - ...

EA to manage DOTS method trades

Hi Nods I applaud anyone who has the commitment to start a thread, I know it must be time consuming, with no obvious incentive apart from sharing knowledge. I may start a thread one day, but for now I'm too busy with other things, not least trading! ...

EA to manage DOTS method trades

Hi CS I'm glad you find the concept interesting, most people do not ! lol In answer to your question, I have no plans to start a thread at this moment in time, that could change I guess in the event more and more became "interested", and similarly, ...

EA to manage DOTS method trades

Hi Emm That seems to describe exactly how I am currently placing my POs, all entries, stops and t/ps currently entered manually for each "set", which is a lot of inputting across maybe 4-6 pairs that I typically trade each morning. A script easing ...

EA to manage DOTS method trades

Hi Emm, I manually place 3 pending orders exactly as you have described, which across a number of pairs is time consuming as you can imagine, anything up to an hour in my case, and I like the idea that you have suggested using a script to make the ...

EA to manage DOTS method trades

Sorry, I forgot that Here it is LL file

EA to manage DOTS method trades

Hi Nods I dont think I'll be starting a thread somehow...people aren't ready for a new idea, they have become so accustomed to using candles etc, which is fair enough, I used to after all...but now I realise that they are only tiny fragments of the ...

EA to manage DOTS method trades

EG tp1 hit....the remaining 2 orders are now adjusted too for no loss....that means 2 free trades, and no major worries about when to take profit and when not to, the pressures off and I'll certainly be letting profit run on tp 3 by trailing the ...

Trading Made Simple

Hi PaBa I've attached a 1hr chart that shows an order set consisting of 3 buys along with my tp and s/l levels, all were pending orders which triggered. You can see I had an 8 pip drawdown before going positive. The lions share is taken at tp1 of ...

Trading Made Simple

Hi Nods As requested I've attached template for highs and lows. Hope its what you were after Cheers ...LL file

EA to manage DOTS method trades

Hi SJ, I originally used HA etc, but for me they do nothing more than tell me particles of time in the form of candles HA etc of what PA is doing. My variation of the TMS theme needs the bigger picture and hence I only have the need for a price line ...

Trading Made Simple

Hi SJ, hope you are well, and I see you have many newbies under your watchful eye. I haven't posted for a while, my variation on the TMS theme created too much disturbance for everyone so I backed off. Anyway, I thought you might be interested in a ...

Trading Made Simple

Hi SJ No worries, and I respect your wishes....my intention has always been to be constructive in any of my comments made, but it's clear it has regrettably had the opposite reaction to the majority here. Finally, I'd just like to thank you for your ...

Trading Made Simple

You are entitled to disagree, and I understand that that is often a sign of lack of comprehension. What you should understand though is that candles are as I've already pointed out, small pieces of time represented in candle form and nothing more. I ...

Trading Made Simple

An interesting decision SJ... My EU chart has plenty to say its got mileage left in a down move....but profits in the bank are profits in the bank anyway....there's always another day as they say LL

Trading Made Simple

You may end up being right, but my 30 min chart attached is suggesting to me an upturn is more likely to me. Its not a trade I'm interested in at this point though I've gotta admit...but nevertheless will be interesting to see how it pans out. LL ...

Trading Made Simple

Yeah that's very true...a nice place to be..but importantly don't forget an add on trade is now a very big option for you, funded by what you already have....it's worth your consideration now I think. LL

Trading Made Simple

Hi SJ That's a decent trade you have going there. It appears according to my chart to have plenty of steam left in the tank, so I wouldn't be in any rush to bail out just yet if I were in your shoes Good luck with it LL

Trading Made Simple

I beg to differ ..... personally I think all the rainbows, fibs, indis, this that and the other, plus the multitude of rules that have been introduced to the original thread is where the real confusion lies. I have simply swept all that away to ...

Trading Made Simple

Hi, It is absent of candlesticks, and replaced by two price lines instead, which I have detailed to some degree in an earlier post, other than that it is pretty much the same sort of chart information that most people gain from their candlesticks ...

Trading Made Simple