Trading Made Simple | Page 4427 | 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

  • #88,521
  • Jul 19, 2018 7:38am Jul 19, 2018 7:38am
Quoting emmanuel7788
The TDI do give some crappy signals like below example. I am not saying the TDI is crap. I am saying it gives some crappy signals under certain market conditions. If anyone trade blindly following Green cross Red and do not know what the market type conditions are, then you will lose more than you will win. {image}
These are exactly the setups i tend to end up with. For me it looks like 90% of the TDI signals are like this during a running european market session. At least in 4 out of 5 days. Not sure how to make money here in the long run. You have to be picky as hell and analyse far more than watching red crossing green...

Maybe not a problem with large money accounts only having to take 1-2 trades a month and having time enough finding such often talked about "high probability trading setups".

I don´t want to say its impossible but for me it currently looks most time of the day this method you end up in shit because 8 out of 10 charts are in crappy market conditions at all, ranging up and down for only 30 pips or less.
  • #88,522
  • Jul 19, 2018 8:23am Jul 19, 2018 8:23am
Quoting mistakesr
{quote} But surely Emmanuel you'd have to be brain dead to take those signals you've pointed out. The yellow MA, is that what you guys call the MBL? From memory I thought TMSérs never went short if PA was above that MA and never went long when it was below it? Aren't they some of the basic rules of TMS?

Hey Folks,

this is an example of a member name mistakesr who has not been successful trading TMS 5-Method. Two simple reasons:

1) He did not read nor have not fully understood what the OP had posted here in this thread. I don't know if he is mentally challenged. There are 463 posts which the OP clearly explained how he trade his 5-Method and the OP chose the title of this thread to be "Trading Made Simple". from several othe rnames suggested by other active TMS traders in the old thread.

If he had read and learned and understood what the Op posted in the old thread and in this thread, then he must know that the OP removed all the lines except the Green and Red from the TDI version which he got from the website CompassFx in 2006/2007.

2) This member name mistakesr obviously do not have the eye for details which is a very important to succeed in trading. He is also not a meticulous person. He missed important details in that chart which I posted and I attach again below.

Now for the rest of you reading this, can you spot the details on the chart below and test yourself if you have the eye for details.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Jul 19 M15 crappy TDI signals.png Size: 66 KB


Good luck and have fun,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,523
  • Jul 19, 2018 8:29am Jul 19, 2018 8:29am
Quoting Ali.J
{quote} Dear Emmanuel Allow me plz ... * Why you need for TDI , IF you understand the PA (Like PASR & Nial Fuller & Al Brooks & others) ? (Buy when its UP & Sell when its down) * How can you know the Market Types , BEFORE you reach it ? (YOUR Way ) (Sorry for my weakness in English , I have a problem in my dictionary )

I define the Market Type without using the TDI.
Did you missed the link to System Development where Market Type definition was discussed?

I use the TDI RSI data only for automation in my expert advisors.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,524
  • Jul 19, 2018 8:37am Jul 19, 2018 8:37am
Here is another example of TDI crappy signals on H1.

How do you filter such H1 crappy signals which makes you jump in and out of trades and missing the big run for maximum profits?

And just in case you have not taken notice, this is the same TDI version the OP posted in Post#25, the version released in 2006 which he got from the website where he subscribed to the Synergy system.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jul 19 H1 TDI crappy TDI signals_NYO.png Size: 65 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,525
  • Jul 19, 2018 8:39am Jul 19, 2018 8:39am
Quoting emmanuel7788
Did you missed the link to System Development where Market Type definition was discussed? .
Yes i missed it
and IF you have time, plz EXPLAIN to us (Why you need for TDI , IF you understand the PA)
There is Light at the End of the Tunnel.
  • #88,526
  • Jul 19, 2018 8:50am Jul 19, 2018 8:50am
Quoting lddd
{quote} Thanks your feedback already helped a lot. What about different timeframes. I am from the EU and my wakeup time is with Frankfurt/London Open i think trading M15,M30 during the London session should be fine / probably the best idea? As far as i know this topic here is about the H4. I would like to trade the H4 as well but mostly i wake up and watch the H4 (so beginning of london opening 09:00 AM here) 90% of the possible valid TDI signals already happened and i would have to enter late on candle 3-4... Another problem is that i am...

Why is candle 3 and 4 entry considered late?

I am seldom late on entry when I use Price Action for my setups and entries. I make my entry or entries only when I see an established trend. I do not take risk trading reversals without the proper use of price action and support/resistance.

"undercapitalized" , this is a financial planning subject matter and why do you want to trade the markets. When I started trading the stock market in 1980s, I had very small amount money as my trading capital. I started with my hard-earned savings $100k and every month I add $2k from my salary to that start-up capital. I did this for 10 years, slowly building up my trading capital while I traded very small volume and only low cap stocks.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,527
  • Jul 19, 2018 8:51am Jul 19, 2018 8:51am
Quoting emmanuel7788
{quote} I define the Market Type without using the TDI. Did you missed the link to System Development where Market Type definition was discussed? I use the TDI RSI data only for automation in my expert advisors.
Now why would you use a lagging indicator like RSI for automation emmanuel? Reading your post's give clearly indication that you are against all use of any indicator's. After all TDI is a crappy indicator.
TDI is derived from
- RSI 13
- green (MA 2 of RSI 13)
- red (MA 7 of MA2)
You should use iOpen/ iClose / iHigh / iLow for automation. Now that is real Price Action. No lagging RSI
  • #88,528
  • Jul 19, 2018 8:55am Jul 19, 2018 8:55am
Quoting Ali.J
{quote} Yes i missed it and IF you have time, plz EXPLAIN to us (Why you need for TDI , IF you understand the PA)
It gives you "possible" entry/exit conditions. Nothing more nothing less. But as with all indicators it can only look in the past. So taking care of what price is doing at time you enter a trade is probably a lot more important than anything else.
  • #88,529
  • Jul 19, 2018 9:04am Jul 19, 2018 9:04am
Quoting Tekkies
{quote} Now why would you use a lagging indicator like RSI for automation emmanuel? Reading your post's give clearly indication that you are against all use of any indicator's. After all TDI is a crappy indicator. TDI is derived from - RSI 13 - green (MA 2 of RSI 13) - red (MA 7 of MA2) You should use iOpen/ iClose / iHigh / iLow for automation. Now that is real Price Action. No lagging RSI
Tekkies,

You are wrong about TDI calculation.
Red Line is came from moving average applied to RSI, not applied to moving average 2-period.

If you check inside the code:

Quote
int start()
{
double MA,RSI[];
ArrayResize(RSI,Volatility_Band);
int counted_bars=IndicatorCounted();
int limit = Bars-counted_bars-1;
for(int i=limit; i>=0; i--)
{
RSIBuf = (iRSI(NULL,0,RSI_Period,RSI_Price,i));
MA = 0;
for(int x=i; x<i+Volatility_Band; x++) {
RSI[x-i] = RSIBuf[x];
MA += RSIBuf[x]/Volatility_Band;
}
UpZone = (MA + (1.6185 * StDev(RSI,Volatility_Band)));
DnZone = (MA - (1.6185 * StDev(RSI,Volatility_Band)));
MdZone = ((UpZone + DnZone)/2);...
  • #88,530
  • Jul 19, 2018 9:17am Jul 19, 2018 9:17am
Quoting Tekkies
{quote} Now why would you use a lagging indicator like RSI for automation emmanuel? Reading your post's give clearly indication that you are against all use of any indicator's. After all TDI is a crappy indicator. TDI is derived from - RSI 13 - green (MA 2 of RSI 13) - red (MA 7 of MA2) You should use iOpen/ iClose / iHigh / iLow for automation. Now that is real Price Action. No lagging RSI

This is where you have been wrong all the time. You tend to jump to certain bias conclusion when you did not read nor understood what written in English. I know English is not your first language but your mental bias is showing.

I did not say the TDI is a crappy indicator. I only say it gives crappy signals under certain market conditions. The fact is that there are a few TDI version posted in public forums like FF which were coded with erroneous calculations.

There is nothing wrong in using the RSI data in automation but only when you have the years of trading experience and competence in professional coding mql4.
There is also nothing wrong in using re-painting indicators provided you know why they re-paint. One good example is Zig Zag based indicators.

Automation requires more than iOpen/ iClose / iHigh / iLow ... I see you are far from it.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,531
  • Jul 19, 2018 9:18am Jul 19, 2018 9:18am
Quoting DJsignals
{quote} Tekkies, You are wrong about TDI calculation. Red Line is came from moving average applied to RSI, not applied to moving average 2-period. If you check inside the code: {quote}

A little knowledge is extremely dangerous thing ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,532
  • Jul 19, 2018 9:21am Jul 19, 2018 9:21am
Quoting lddd
{quote} It gives you "possible" entry/exit conditions. Nothing more nothing less. But as with all indicators it can only look in the past. So taking care of what price is doing at time you enter a trade is probably a lot more important than anything else.

Be careful with this belief.

The TDI does not give "possible" entry/exit conditions.

Better learn about the RSI as the root core knowledge.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,533
  • Jul 19, 2018 9:23am Jul 19, 2018 9:23am
Quoting emmanuel7788
{quote} A little knowledge is extremely dangerous thing ....
Help us to get more and more
There is Light at the End of the Tunnel.
  • #88,534
  • Jul 19, 2018 9:43am Jul 19, 2018 9:43am
Quoting emmanuel7788
There is also nothing wrong in using re-painting indicators provided you know why they re-paint. One good example is Zig Zag based indicators. Automation requires more than iOpen/ iClose / iHigh / iLow ... I see you are far from it.
Agreed,

Latest version of Free TDI (Synergy_TDI_Basic) is also repaint, but why creator of TDI keep it repaint? Im sure you are know.
  • #88,535
  • Edited 11:00am Jul 19, 2018 10:09am | Edited 11:00am
Hi everyone ...
I have Misunderstanding :
I have seen that the Price Action (Repeated Candles and Chart Patterns) telling me what I want to know about the direction of the market in the future (the next candle(s) at least).
This lead me to (NOT TO PAY ANY ATTENTION) to any Technical Indicator ! . Because all the indicators tell me what the price do in the PAST . !
For That : I hope everyone (who use PA) gives me his opinion about:
WHY you depending on TDI when you know where the price will go ?


Attached Image (click to enlarge)
Click to Enlarge Name: 5454.PNG Size: 160 KB
There is Light at the End of the Tunnel.
  • #88,536
  • Jul 19, 2018 10:18am Jul 19, 2018 10:18am
Quoting emmanuel7788
{quote} Be careful with this belief. The TDI does not give "possible" entry/exit conditions. Better learn about the RSI as the root core knowledge.
What else it does? Its maybe not the technical definition of what it does but in general, sure thats what it is made for.
  • #88,537
  • Jul 19, 2018 10:33am Jul 19, 2018 10:33am
Quoting DJsignals
{quote} Tekkies, You are wrong about TDI calculation. Red Line is came from moving average applied to RSI, not applied to moving average 2-period. If you check inside the code: {quote}
DJ
Depending on how the indicator is coded. Code from TDI indicator I use. (Less cpu intensive)
RsiPeriod = 13; RsiPrice = PRICE_CLOSE;
PricePeriod = 2; PriceMode = MODE_SMA;
SignalPeriod= 7; SignalMode = MODE_SMA;
VolaPeriod = 34; VolaMode = MODE_SMA; VolaMult = 1.6185;
---------------------------------
for(i=limit; i>=0; i--)
{
rsi[i] = iRSI(NULL,0,RsiPeriod,RsiPrice,i);
}
for(i=limit; i>=0; i--)
{
rsiPriceLine[i] = iMAOnArray(rsi,0,PricePeriod,0,PriceMode,i);
rsiSignalLine[i] = iMAOnArray(rsi,0,SignalPeriod,0,SignalMode,i);
double deviation = iStdDevOnArray(rsi,0,VolaPeriod,0,VolaMode,i);
double average = iMAOnArray(rsi,0,VolaPeriod,0,VolaMode,i);
bandUp[i] = average+VolaMult*deviation;
bandDown[i] = average-VolaMult*deviation;
bandMiddle[i] = average;
trend[i] = trend[i+1];
if(rsiPriceLine[i] > rsiSignalLine[i]) trend[i] = 1;
if(rsiPriceLine[i] < rsiSignalLine[i]) trend[i] = -1;

Follow these steps and see if there is any diffrant's between an ex4 made up indicator.
========
Mentioned in previous post compleat step's:
Replicate TDI using the platform’ standard RSI indicator:
Steps:
1. Create RSI in a new window.
- Set the parameters to Period 13
- Close Price
- color to None
2. Select and drag the Moving Average indicator into the sub-window as the RSI.
- period 2
- Simple
- Close
- color Green
- Apply to = Previous Indicator's Data.
3. Select and drag the Moving Average indicator into the same sub-window as the RSI.
- period 7
- Simple
- Close
- color Red
- Apply to = Previous Indicator's Data.
  • #88,538
  • Jul 19, 2018 10:37am Jul 19, 2018 10:37am
Quoting Ali.J
Hi everyone ... I have Misunderstanding : I have seen that the Price Action (Repeated Candles and Chart Patterns) telling me what I want to know about the direction of the market in the future (the next candle(s) at least). This lead me to (NOT TO PAY ANY ATTENTION) to any Technical Indicator ! . Because all the indicators tell me what the price do in the PAST . ! For That : I hope everyone (who use PA) gives me his opinion about: (WHY you depending on TDI ) When you know where the price will go ?
Hi my friend,
I want to give my view.

For me,

1. Why you depending on TDI?
TDI is base on RSI, using 2 piece moving average applied to RSI.
Moving averages are valuable because they remove the volatility from the data series.
TDI is calculating a moving average based on the RSI effectively removes the volatility from the RSI calculation and the result is TDI give a smoother signal.
Im used TDI just for confirming my entries, its give me turning point.

2. When you know where the price will go?
For me, its when TDI give me regular divergence and followed by hidden divergence.
But its not simple as that, its important to know that market is bullish/bearish/sideways.
So, my entries not against the trend.

This is my view, absolutely others peoples have different view.

Kind Regards,
DJ.
  • #88,539
  • Jul 19, 2018 10:55am Jul 19, 2018 10:55am
Quoting DJsignals
{quote} Hi my friend, I want to give my view. For me, 1. Why you depending on TDI? TDI is base on RSI, using 2 piece moving average applied to RSI. Moving averages are valuable because they remove the volatility from the data series. TDI is calculating a moving average based on the RSI effectively removes the volatility from the RSI calculation and the result is TDI give a smoother signal. Im used TDI just for confirming my entries, its give me turning point. 2. When you know where the price will go? For me, its when TDI give me regular divergence...
Hi DJ ^^
You told me once that you Love to trade with ( 3 CSP & PopGun ) . Those patterns not to need to any indicators to tell you what will happen .!
Are you REALLY want to see the TDI before you take the trade ?
There is Light at the End of the Tunnel.
  • #88,540
  • Jul 19, 2018 11:02am Jul 19, 2018 11:02am
Quoting Tekkies
{quote} DJ Depending on how the indicator is coded. Code from TDI indicator I use. (Less cpu intensive) RsiPeriod = 13; RsiPrice = PRICE_CLOSE; PricePeriod = 2; PriceMode = MODE_SMA; SignalPeriod= 7; SignalMode = MODE_SMA; VolaPeriod = 34; VolaMode = MODE_SMA; VolaMult = 1.6185; --------------------------------- for(i=limit; i>=0; i--) { rsi = iRSI(NULL,0,RsiPeriod,RsiPrice,i); } for(i=limit; i>=0; i--) { rsiPriceLine = iMAOnArray(rsi,0,PricePeriod,0,PriceMode,i); rsiSignalLine = iMAOnArray(rsi,0,SignalPeriod,0,SignalMode,i); double deviation...
Tekkies,

Depend on your TDI indicator posted code:
rsiPriceLine[i] = iMAOnArray(rsi,0,PricePeriod,0,PriceMode,i);
rsiSignalLine[i] = iMAOnArray(rsi,0,SignalPeriod,0,SignalMode,i);

Its clear, rsiPriceLine (green line) and rsiSignalLine (red line), its calculated base on moving average (iMAOnArray) and applied those two moving average to RSI.
And why i said those two moving average applied to RSI?
Here is the answer iMAOnArray(rsi,0,SignalPeriod,0,SignalMode,i)
I give bold to "rsi".
So, its mean moving average applied to RSI.

So, its mean you are wrong about point number 3.
That you said its moving average 7-period applied to moving average 2-period.
That you said Apply to = Previous Indicator's Data.
Its wrong.

What is correct? Here:
1. Create RSI in a new window.
- Set the parameters to Period 13 - Close Price - color to None
2. Select and drag the Moving Average indicator into the sub-window as the RSI.
- period 2 - Simple - Close - color Green - Apply to = Previous Indicator's Data.
3. Select and drag the Moving Average indicator into the same sub-window as the RSI.
- period 7 - Simple - Close - color Red - Apply to = First Indicator's Data.
44 traders viewing now, 1 is registered:
fcbrants