The Hodgepodge Trading System

Demonstration of what I'm talking about... same pair different TF's
H4 chart


5 minute chart, with posible entry points marked
Stack your trades


Get the idea ?

Hi Krismitt, thanks for info I sort of knew that was just wondering that they do not show up on the actual HP chart so are they working in the back ground somewhere? Cheers Mate

'
Yes they are working in the background.

Cheers.

first trade

gbpcad +75 pips

Good on you Shay14!

Trade well.

I like waking up to Hodgepodge's trades over the night....



Happy Dayzzzzzzzz !!

Well done, Shay. tell me, I notice all the ma's are red do we wait till they all turn red or green before we enter a trade?
Cheers hope you do as well tomorrow. good to finish the week off.

For the optimal probability for a successful trade you enter the trade 2nd closed HA candle in the direction of the trend (same color).
The same when HP is Auto Trading.
(on crossover entries it's the 2nd closed HA candle after the cross of the 5 shift +3 in the direction of the higher TF's trends)

Brilliant!.

Cheers.

Mine was not as happy as yours but happy nonetheless!!.



Trade well!

Hi Paulkeys.

I would like you to:-

1. Read Post # 1 thoroughly; and
2. Download and read all PDFs in this thread.

PM me about anything that is not clear to you.

Cheers.

Once you find settings that you are comfortable with, it really takes off !!
Good work Maestro !!!

For those who want to test the HodgePodge on 28 pairs: I have made this set of scripts that will open 28 charts with all the currency pairs. That should save you some time. There are also scripts to switch all charts to H4 or D1. Have fun trading !!

Thank you jansb000.
I've downloaded and I'll check it out later.

Thank you for participating in this thread

Hi fellow Hodgepodge traders,

It has been requested that I give you all a little insight to my trading with the Hodgepodge.
First of all let me make clear that I've had many accounts blown in the past. Until BigE introduced me to the SMA Shift +2 or +3. Just like him I was ready to quit trading until someone told him of that little secret.
Krismitt has taken the time and effort to put together an EA that BigE would be proud of. For sure.

This insight of my trading will be in posts, not all at once. As you know trading is a thinking persons game, "One size does not fit all" and "Learn to adapt to market conditions". Very few methods are "set and forget" you have to be on your best game, otherwise you might as well write a check to someone else.

First and foremost, for me, I trade the higher TF's and scalp the pair I'm trading until it gets in the trend and direction of the higher TF.
The 5 & 8 EMA might show a up trend but going to the chart might show a retracement that hasn't crossed the 5 SMA +3... leave that pair alone. Go to the next pair that IS trending in the right direction but a trade hasn't been triggered yet, then start going down in TF's until you find the TF that is "out of step" with the trend. Scalp that pair manually until the EA triggers a trade. (post #386 has a picture, GBPCAD has 2 trades... the first trade was a scalp trade until the HP EA triggered a trade when everything was aligned and all conditions were met). The scalp trade has to be monitored in case there was a trend reversal GBP crosses are famous for that).

That's all I have time for now, wife needs me to water lawns and take trash out.

I encourage you to read the first few posts over and over again until it makes sense to you... this is probably by far the simplest trading method around and will last as long as you adapt to market conditions. ( In fact reading The School of Pipsology provided for free from Forex Factory will give you a better understanding of market behavior.

Green pips to all

I haven't used it yet but as a caution for those who want to use the TF and pair script , make sure you DISABLE Auto Trading first before changing anything on your current chart

Continuation,

Here are 4 TF's of same trade...
GBPAUD D1 TF

if you wanted to add to the trade start dropping down TF's until the PA match the Daily Trend.
GBPAUD H4

GBPAUD H1

GBPAUD 30M


Once you've become accustomed to looking back you'll never say "There are no trades today", there is always a trade somewhere.
Don't try and control the PA, you'll never do it... we are very small fish in an ocean of predators .. go with the flow !!
I use a SL on this kind of trade until it gets to 50 pip profit, then I remove SL and let it run on D1 TF

Hi,
Those are very nice results indeed!
Are you using the EA? If so could you please provide your .set file, I'd like to test it on a live account.
Thanks

Yes tillionaire, I use the EA and the set file is in the zip file in the first post.. it's labeled "Gold .set"

But I do not rely solely on the EA, I improvise.

continuation....

It looks like the PA has hit a major resistence point and starting to reverse it's course back into the trend of D1. With a 90 + pip draw back you might consider at this point opening a trade 4x the amount of the original trade and close the trade in 25 pips or let it ride until the 30M PA reverses again .. then you repeat the sequence until the trade of the D1 gets back on track and shows a reversal in the D1 TF

working the 30M chart in direction of D1 trend
These trades are the only time I use SL to stop trade (I always use a emergency SL hidden)