RSS (Ridiculously Simple System)
This is a system I have developed and used since 2010 with continued success.
The system is based on the Trading Made Simple (TMS) system, adding my own indicators and trading style.
This method is largely due to El Franz whose Trading Made Simple (TMS) thread has allowed me to be successful in this trading game. His and Fix62 my posts helped me recognize and develop this style of trading.
As requested, I started a new thread so as not to pollute the TMS thread with this variant. I can't always update it, but if there's interest I'll update when I can.
index:-
template:-
The chart setup is almost a TMS setup with the addition of MACD and 4 x semaphore indicators.
rule:-
Trading ends at the London open and New York open.
Take Profit is half the ADR (Average Daily Range) works for any currency pair and any time frame, I personally would not trade below 1 hour.
Wait for the candle to close before making an entry or exit decision.
Don't enter a trade when red news is coming.
entry:-
When the point on the 4 x semaphore appears (alerts can be set) and the APB (Average Price Bar) color changes, enter a trade in that direction.
confirm:-
Upon entry check the TDI and look for green crossed red. If so, keep trading and you may make a profit. If it does not cross or green bounces from red, then its possible trade will not be profitable and exit as soon as possible, taking a profit if possible or taking a small loss.
quit:-
I exit a) if half of the ADR (average daily range) is reached, and/or b) if a new signal point has formed c) and/or a red message expires and/or the MACD has changed direction or is at a candle close level.
A++ Transactions:-
Stay away from yellow signals for sun trades 3. Enter if the candle retraces 50%, TDI crosses or bounces, APB changes color. Hold until MACD crosses 0 to form a new peak.
That's pretty much it.
The more you practice and observe when these points form, the better you will understand price action, support and resistance, trends, and other forex fundamentals.
No one knows what price will do next, but nine times out of ten, when a new point is formed, price will move in the opposite direction until a new point is formed.
If there's further interest I'll post some deals when I can and answer any questions.
These indicators can all be found here or elsewhere on the internet, and if you want to learn more about TDI, head here to check out the TMS Trading Made Simple topic.
The system is based on the Trading Made Simple (TMS) system, adding my own indicators and trading style.
This method is largely due to El Franz whose Trading Made Simple (TMS) thread has allowed me to be successful in this trading game. His and Fix62 my posts helped me recognize and develop this style of trading.
As requested, I started a new thread so as not to pollute the TMS thread with this variant. I can't always update it, but if there's interest I'll update when I can.
index:-
template:-
The chart setup is almost a TMS setup with the addition of MACD and 4 x semaphore indicators.
rule:-
Trading ends at the London open and New York open.
Take Profit is half the ADR (Average Daily Range) works for any currency pair and any time frame, I personally would not trade below 1 hour.
Wait for the candle to close before making an entry or exit decision.
Don't enter a trade when red news is coming.
entry:-
When the point on the 4 x semaphore appears (alerts can be set) and the APB (Average Price Bar) color changes, enter a trade in that direction.
confirm:-
Upon entry check the TDI and look for green crossed red. If so, keep trading and you may make a profit. If it does not cross or green bounces from red, then its possible trade will not be profitable and exit as soon as possible, taking a profit if possible or taking a small loss.
quit:-
I exit a) if half of the ADR (average daily range) is reached, and/or b) if a new signal point has formed c) and/or a red message expires and/or the MACD has changed direction or is at a candle close level.
A++ Transactions:-
Stay away from yellow signals for sun trades 3. Enter if the candle retraces 50%, TDI crosses or bounces, APB changes color. Hold until MACD crosses 0 to form a new peak.
That's pretty much it.
The more you practice and observe when these points form, the better you will understand price action, support and resistance, trends, and other forex fundamentals.
No one knows what price will do next, but nine times out of ten, when a new point is formed, price will move in the opposite direction until a new point is formed.
If there's further interest I'll post some deals when I can and answer any questions.
These indicators can all be found here or elsewhere on the internet, and if you want to learn more about TDI, head here to check out the TMS Trading Made Simple topic.
Attachment to original post (9)
📦 Summary of post attachments(49)
Below are all the files shared in the reply (49).
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
