Trading Made Simple | Page 4348 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #86,941
  • Apr 29, 2018 3:00am Apr 29, 2018 3:00am
Quoting heispark
{quote}When we wait TDI confirmation, entry is often one bar late and prone to be trapped.{image}{image}
You have found the problem.

Quoting masterchief
{quote} what about rsx tdi ?
Make your own TDI indicator: RSI replicate to TDI.pdf
Never repaint, always real time.
  • #86,942
  • Apr 29, 2018 3:10am Apr 29, 2018 3:10am
Big Emm,

I am currently using TDI RT+Divergence from Mxxdhi's site.
So far ok by following his H4 rules to trade... Do you think it is because the trend is established that manage to reduce some of the repainting issues?

Quoting emmanuel7788
{quote} Whether the re-painting was coded with intention or not will remain a mystery. But if we have downloaded the TDI from that CompassFX in 2006 before Jun 2007, that version is what Big E posted in Post#25. But when he made later posts in 2007 and 2008 saying to download the TDI from that website, the later version was updated to realtime and non-repainting. This is the 'problem' with TMS here. Then after that, sometime in 2009/201, there was again a new version know as Fast TDI and 2 years later the TDI_Pro. An aggressive entry would be APB/HA...
Full Time Funded Trader. Occasionally drop by FF. Expect a delay in reply.
  • #86,943
  • Apr 29, 2018 4:19am Apr 29, 2018 4:19am
Quoting heispark
{quote}When we wait TDI confirmation, entry is often one bar late and prone to be trapped.{image}{image}

Don't worry, hindsight will always have an answer...
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #86,944
  • Apr 29, 2018 4:26am Apr 29, 2018 4:26am
Quoting WindFreeze10
Big Emm, I am currently using TDI RT+Divergence from Mxxdhi's site. So far ok by following his H4 rules to trade... Do you think it is because the trend is established that manage to reduce some of the repainting issues? {quote}

Hi WF10,

I have tried and tested that TDI_RT + Divergence version with a few other TMS traders.

The rules for Mehdi Method_1 and Method_2 trade set-ups are different from Big E rules here.

Method_1 looks for trades when strong trending and when the Stochastics is in the OB or OS level. Works for both 4H and D1 trend trading.

Method_2 looks for trades in wide ranging market when the Stochastics is near the 50-level. Great for 4H weekly shotr swing trading.

The TDI cross and bounce to pick the set-up are the same.

I am not sure of the use of the divergence in that indicator. I look for divergence differently and follow what John Hayden taught in his book RSI:The Complete Guide.

You need to write your own rules based on that two methods and trade them with discipline using your own money management and I am sure you will find some good trades.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,945
  • Apr 29, 2018 4:28am Apr 29, 2018 4:28am
Quoting Tekkies
{quote} You have found the problem. {quote} Make your own TDI indicator: RSI replicate to TDI.pdf Never repaint, always real time.
Perhaps, this system is intended to use repainting indicator, and making it non-repainting sometimes could not be a solution. (For example, in Alien's system, original Drake Delayed Stochastics was repainting. People (Mladen) made it non-repainting but then people found it useless.)
In addition, TDI 'angle' (2, or 4 o'clock) is illogical voodoo science. More details about "angles":
https://www.forexfactory.com/showthr...3#post10995193
https://www.forexfactory.com/showthr...9#post10026789

Of course, as long as it works, who cares....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #86,946
  • Apr 29, 2018 4:31am Apr 29, 2018 4:31am
Quoting masterchief
{quote} what about rsx tdi ?

Sorry, I don't know which version you refer to. I have one version which has 'smoothing effect' done to the RSI data and I did not use that in live trading.
Anyway, starting this year some of us decided to ditch the TDI but for the purpose tom help the people in this thread, I will still post charts with the TDI_RT to explain things about trading for a little while more. I am sure in another 6 to 9 months, the TDI will be gone for good.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,947
  • Apr 29, 2018 4:37am Apr 29, 2018 4:37am
Quoting heispark
{quote} Perhaps, this system is intended to use repainting indicator, and making it non-repainting sometimes could not be a solution. (For example, in Alien's system, original Drake Delayed Stochastics was repainting. People (Mladen) made it non-repainting but then people found it useless.) In addition, TDI 'angle' (2, or 4 o'clock) is illogical voodoo science. More details about "angles": https://www.forexfactory.com/showthr...3#post10995193 https://www.forexfactory.com/showthr...9#post10026789...

The 'problem' is just a small technical one and not the real issue.

Price action with engulfing bars/candles will mostly show with good RSI momentum.The clock face TDI angle is BS and is useless.

these bars patterns, when seen at support/resistance are the ones I pick to trade most often.

BEEB/BUEB
BEOB/BUOB
DBHLC/DBLHC
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,948
  • Apr 29, 2018 4:45am Apr 29, 2018 4:45am
Wow, what a difference between the original and the Realtime version... I found out exactly the same when trading live.

Anyone knows where the TD realtime can be found?

Building a Freedom All Time Return: 5,178.8%
  • #86,949
  • Apr 29, 2018 5:22am Apr 29, 2018 5:22am
Quoting emmanuel7788
{quote} Whether the re-painting was coded with intention or not will remain a mystery. But if we have downloaded the TDI from that CompassFX in 2006 before Jun 2007, that version is what Big E posted in Post#25. But when he made later posts in 2007 and 2008 saying to download the TDI from that website, the later version was updated to realtime and non-repainting. This is the 'problem' with TMS here. Then after that, sometime in 2009/201, there was again a new version know as Fast TDI and 2 years later the TDI_Pro. An aggressive entry would be APB/HA...

Why not just Trade Market Structure and the Order Flow rather than worrying about which TDI to use?

At least that never changes.

I stopped using TMS and relying on Indicators as soon as I discovered there was a far more reliable way to read a chart.

I am surprised that you still use the TDI considering the confusion it causes.
Attached Image (click to enlarge)
Click to Enlarge Name: 29th Apr 18 GBP:USD H1 Observations.png Size: 102 KB
  • #86,950
  • Apr 29, 2018 5:34am Apr 29, 2018 5:34am
Hi Emm,

Greetings. Have been reading your post these days and very informative. Will be great if you explain bit more on the below and also some details on the TDI angle.

BEEB/BUEB
BEOB/BUOB
DBHLC/DBLHC

Thanks.

With Regards,
Fortrd.
  • #86,951
  • Apr 29, 2018 5:53am Apr 29, 2018 5:53am
Quoting stevepatt
{quote} Why not just Trade Market Structure and the Order Flow rather than worrying about which TDI to use? At least that never changes. I stopped using TMS and relying on Indicators as soon as I discovered there was a far more reliable way to read a chart. I am surprised that you still use the TDI considering the confusion it causes. {image}
Haha impressive, all manually drawn by you?
Building a Freedom All Time Return: 5,178.8%
  • #86,952
  • Apr 29, 2018 6:06am Apr 29, 2018 6:06am
Quoting Fotrd
Hi Emm, Greetings. Have been reading your post these days and very informative. Will be great if you explain bit more on the below and also some details on the TDI angle. BEEB/BUEB BEOB/BUOB DBHLC/DBLHC Thanks. With Regards, Fortrd.

Here some examples since we discussed a lot using GBPUSD today.
Remember, all these must be seen with where key support and resistance levels are especially for those reversal type patterns for example the 3Bars Swing High/Low revsersal, and also we have some 5Bars Swing High/Low reversal.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD DBHLC BUOB BEOB 3BSWH.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,953
  • Apr 29, 2018 6:12am Apr 29, 2018 6:12am
Quoting stevepatt
{quote} Why not just Trade Market Structure and the Order Flow rather than worrying about which TDI to use? At least that never changes. I stopped using TMS and relying on Indicators as soon as I discovered there was a far more reliable way to read a chart. I am surprised that you still use the TDI considering the confusion it causes. {image}

I did mention at end of last year that some of use will start trading in 2018 without the TDI.

We are trading with price swing levels for longer term trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,954
  • Apr 29, 2018 6:21am Apr 29, 2018 6:21am
Quoting emmanuel7788
By the way, X-Man is back posting in his thread again. If you want to trade H1 and H4, he is the best. Here is the link: https://www.forexfactory.com/showthr...5#post11008065
Thanks a lot for the link Emmanuel. X-men wants to open an interactive trading group. Hope it is coming soon. As we speak only 4 people voted for such a group. Guys if u r interested too, vote on his 1st page.
  • #86,955
  • Apr 29, 2018 6:37am Apr 29, 2018 6:37am
Quoting stevepatt
{quote} Why not just Trade Market Structure and the Order Flow rather than worrying about which TDI to use? At least that never changes. I stopped using TMS and relying on Indicators as soon as I discovered there was a far more reliable way to read a chart. I am surprised that you still use the TDI considering the confusion it causes. {image}
If he stopped using the TDI he would have to stop posting on the trading made simple thread and that doesn't fit into his agenda.
Success means going from failure to failure without loss of enthusiasm
  • #86,956
  • Apr 29, 2018 6:57am Apr 29, 2018 6:57am
My agenda here is to share with people my past 10 years experience trading with the TDI and when they want to trade like Big E,

1) they must first read all his posts here in Forex Factory.

2) they must use the TDI Red Green posted in Post#25

Some people evidently have delusion that I have other hidden agenda.
Posted this below many times, and now post again because people don't read old post.

https://www.forexfactory.com/showthr...8#post10986138

Introduction to Trading Made Simple .. for weekend visitors to this thread

Trading Made Simple for beginners : Post#52,707

A short history by pioneer member snarlyjack Post#110
Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,
After months of postings and answering many frequently asked questions FAQs,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011. Post#4432

In Post#1, he explained how he traded the H4 chart timeframe and he also traded the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.

Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.

TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432

Best of Big E Parts 1 and 2 are in this post Post#76,986

The original indicators and template … Post#25

Recommendations:
Read all of Big E’ posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.

Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy HA candles and use that TDI Red Green version all these in Post#25.

Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.

About the Trader Dynamic Index aka TDI:
It is an indicator using multiple moving average of the RSI data. The RSI is derived from the market real price hence the TDI is always lagging the Price Action. To have as good understanding of the TDI, read this book by John Hayden.
RSI: The Complete Guide Post#27,110 .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,958
  • Apr 29, 2018 7:11am Apr 29, 2018 7:11am
There should be a 'popcorn' section in the forums for threads like this...

Enter when green crosses red, but only when it drops afterwards. Ignore the crosses when it is in periods of chop. Bank profits now, because well... they are there (finally, after a string of losers)

Enter before the candle finishes... no... wait til afterwards, but enter a candle earlier)

Crossovers methods do not work, end of. If it worked so well, why would it need constant tweaking? because anything will work once or twice that's why!




Pure entertainment)
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #86,959
  • Apr 29, 2018 7:46am Apr 29, 2018 7:46am
Quoting emmanuel7788
{quote} The 'problem' is just a small technical one and not the real issue. Price action with engulfing bars/candles will mostly show with good RSI momentum.The clock face TDI angle is BS and is useless. these bars patterns, when seen at support/resistance are the ones I pick to trade most often. BEEB/BUEB BEOB/BUOB DBHLC/DBLHC
Here we go again.

Quoting stevepatt
{quote} Why not just Trade Market Structure and the Order Flow rather than worrying about which TDI to use? At least that never changes. I stopped using TMS and relying on Indicators as soon as I discovered there was a far more reliable way to read a chart. I am surprised that you still use the TDI considering the confusion it causes. {image}
Hi Steve

Depends which side of the fence you are. Dispute what has been posted and other think of TDI. Useing TDI with 5-method works for me.

The main problem (my view) no member is willing to sit down and study. Put the houers in. Get the impression most want to be spoon fed. Do this, do that.

Quoting J1mm
{quote} Haha impressive, all manually drawn by you?
J1mm
That one is mild. You should read the one's that he really spend time with. You will learn a lot.

Quoting lisat
{quote}If he stopped using the TDI he would have to stop posting on the trading made simple thread and that doesn't fit into his agenda.
That won't happen.
  • #86,960
  • Apr 29, 2018 8:30am Apr 29, 2018 8:30am
Quoting J1mm
{quote} Haha impressive, all manually drawn by you?
The only thing manually drawn is the Khaki Rectangles between -.--800 and -.--200 Numbers everything else is drawn by Indicators or Price its self.

And by the way, the Indicators I use are "Tools" for Information Purposes only and do not, on their own, influence my decision to Enter a Trade.
45 traders viewing now