There's not too much else to say about this strategy now, its all there. Plamen's indicator takes out all the work for you on judging the cross angle and you can even get it to filter out the small candles. Just check stoch is in a agreement. Then ...

Trading Made Simple

Theres an indicator on here called SR I use it, its easy really - look left and just count the number of times you see an S&R line on the same level, if there's a cluster of them at a similar price level then consider this strong S&R, particualry ...

Trading Made Simple

I agree with this don't get too hung up on every single area of S&R. I saw one SR indicator that drew MTF S&R lines that would leave you in total trading paralysis. Watch out for strong areas where price has bounced off a number of times. The last ...

Trading Made Simple

This is good advice

Trading Made Simple

Yes thats pretty much it - find that video on CompassFX it explains it all in depth. The candle doesn't have to be huge. Its on here somewhere url

Trading Made Simple

I spent many hours backtesting this system with a trade simulator, setups on small candles do often turn into good trades, however the probability of success is higher when the candle is strong. The logic behind this is most indicators are useless ...

Trading Made Simple

Plamen's TDI indicator url best to post on the above thread for questions relating to it.

Trading Made Simple

its no big issue really, love your indicator - keep up the outstanding work my friend.

Indicators for the 'Trading Made Simple' system

gregmikeFX JamieSaettele RagheeHorner CMEGroup I only follow them for news though, I don't follow their chart analysis/trade advice.

Trading Made Simple

H4 TF isn't effected as much by news, I find the market goes quiet anyway before big news usually, I have twitter accounts setup following people like 50pips they usually give me a heads up before the "REAL" major news items (and also adhoc ones ...

Trading Made Simple

I have that problem too, I clear it by deleting the indicator and readd it to the template.

Indicators for the 'Trading Made Simple' system

I would advise you to set them up as you see fit, what do you think is a good slope to your eye? However Plamen is using these settings (or he was two weeks ago). I still use these settings: Slope Threshold: 4.5 Bounce Threshold: 3.0 (last 2 slopes ...

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Ok I'm assuming you took that weak bounce trade. It was a small candle, low volume, not a great angle either. Wrong time of day for trading. Did you check lower TF before trading, PA on the H1 was flat and TDI hooking over. Its hard to advise you ...

Trading Made Simple

Today's trade 50 pips GBP/JPY Got an alert at 09:38 GMT from Plamen's indicator, took the trade at 10:00 Strong candle, strong TDI angle, stoch agreement, with the trend, no support area near, no 00 big number nearby, nice bonus of red/yellow and ...

Trading Made Simple

Yes it was - thanks.

Trading Made Simple

Is that a trendline indicator or did you manually draw those on?

Trading Made Simple

Plamen's TDI url alerts you when there's a cross (of a configurable angle) somewhere around a 4.5 seems to be spot on. I love this indicator.

Trading Made Simple

Dean Malone says it well also, when market sentiment (TDI) matches price action (what the market is actually doing) then we have a potential of a high probability trade. Sometimes TDI gives us the heads up slightly before PA makes its move, but its ...

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I think it was snarly who put it well, in a way it just gives us permission to look at the trade.

Trading Made Simple

I remember BigE saying he doesn't refresh after he makes his trade e.g. I think what he meant by that is whilst he's flicking through different timeframes etc it will be refreshing, then he takes the trade and doesn't refresh afterwards.

Trading Made Simple