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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

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Trading Made Simple

  • #89,021
  • Aug 1, 2018 7:48am Aug 1, 2018 7:48am
Quoting arasheed
:{quote} Many thanks for immediate response , I am aataching herewith Screen shot. There is print, ND@ 2018:08:01 9:00 & See website for update Calibration Parameters. What does i means? Thanks again{image}
That is i dont know.

But the indicator works great, showing regular divergence and hidden divergence.
  • #89,022
  • Aug 1, 2018 7:50am Aug 1, 2018 7:50am
Quoting arasheed
:{quote} Many thanks for immediate response , I am aataching herewith Screen shot. There is print, ND@ 2018:08:01 9:00 & See website for update Calibration Parameters. What does i means? Thanks again{image}
You got error on that chart.

Remove stcohastic and rsipaintv4.

First put rsipaintv4.
And after that put stochastic.

You will see the correct showing the rsipaintv4.
  • #89,023
  • Aug 1, 2018 7:55am Aug 1, 2018 7:55am
Quoting DJsignals
{quote} That is i dont know. But the indicator works great, showing regular divergence and hidden divergence.
That`s right But it does not show colored lines PR NR PD ND ?
am I missing some thing ?
Can show your screenshot?
  • #89,024
  • Aug 1, 2018 7:56am Aug 1, 2018 7:56am
Quoting lddd
{quote} Well but the angle for both tdi crosses in the red circle were probably far different from what the chart looks now as price moved on. Sure now it looks flat but at the moment you would have considered to go short or not i think it looked much "better".
Your are right about the angle. DJ gave you the right answer
Attached Image
  • #89,025
  • Aug 1, 2018 8:00am Aug 1, 2018 8:00am
Quoting arasheed
{quote} That`s right But it does not show colored lines PR NR PD ND ? am I missing some thing ?
post the chart again.
  • #89,026
  • Aug 1, 2018 8:10am Aug 1, 2018 8:10am
[attach]ND 9 ;00 UsdJpy.PNG;2923205
Quoting DJsignals
{quote} post the chart again.
Here it is ,added first rsipaint4 and then Stochastic Indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: ND 9 ;00 UsdJpy.PNG Size: 40 KB
  • #89,027
  • Aug 1, 2018 8:10am Aug 1, 2018 8:10am
Quoting lddd
@Tekkies {quote}
- How close am I to the previous high or lo
Come on Iddd, "here" you will not find any, I know of this place:
Attached Image

Am I in an uptrend or downtrend.. short & long term...
#686
Trend... long term and short term...
I take a chart and make the candles as small as they will go to find the direction of the long term trend...
Then I enlarge them to my normal trading size for the current short term trend...
If they are the same I feel I have better odds on my side...
if they are opposite I may trade less lots per trade...
I will pay more attention to the last swing (candle size & length)...
  • #89,028
  • Aug 1, 2018 8:16am Aug 1, 2018 8:16am
Quoting arasheed
[attach]ND 9 ;00 UsdJpy.PNG;2923205 {quote} Here it is ,added first rsipaint4 and then Stochastic Indicator. {image}
I dont know what is wrong with your chart.

For me, its work fine.

Try to switch any timeframe and back again to timeframe you want.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 45 KB
  • #89,029
  • Aug 1, 2018 12:41pm Aug 1, 2018 12:41pm
If you can’t take a small loss, sooner or later you will take the mother of all losses.
Ed Seykota
  • #89,030
  • Aug 1, 2018 2:27pm Aug 1, 2018 2:27pm
Quoting DJsignals
{quote} If you dont mind, i want to answer. I catch your problem, On red circle you mark, yes at that moment, TDI angle looks good, and after that TDI goes flat. At that moment you saw TDI angle is good but there are have a chance TDI change its angle because is at open new candle condition, eelfranz called it aggressive style. With this style, you need eelfranz style for exit, like 15 pips pullback, its not problem because eelfranz used 10.0 lot per trade, with only 15 pips it will endup with $1500. Maybe you want to wait that candle to close and...
Thanks.

Well then i don´t understand the big benefits of using the TDI at all. I am trying to understand and trade this method for 1-2 years now. Not contantly looking at it but in summary it gave me more stress than anything else. 90% of the signals can´t be trusted anyways without analysing the hell out of the chart, skipping through different time frames and so on. It also seems that the signals you want to take are these sitting @SR levels. So for what all these extra windows like TDI/Stock and HA candles. You could simply draw 2 horizontal lines on a naked chart at key support and key resistance and take the trade if price comes close to these levels maybe waiting for a candle stick pattern to confirm the entry and you´re setted. This indicator does not provide any value here at all.
  • #89,031
  • Aug 1, 2018 2:57pm Aug 1, 2018 2:57pm
Quoting lddd
{quote} Thanks. Well then i don´t understand the big benefits of using the TDI at all. I am trying to understand and trade this method for 1-2 years now. Not contantly looking at it but in summary it gave me more stress than anything else. 90% of the signals can´t be trusted anyways without analysing the hell out of the chart, skipping through different time frames and so on. It also seems that the signals you want to take are these sitting @SR levels. So for what all these extra windows like TDI/Stock and HA candles. You could simply draw 2 horizontal...

Someone telling it as it is for a change... did this for years and branched off down every single avenue available, as i've pointed out before and yet peeps still think that it is plausible...
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #89,032
  • Aug 1, 2018 4:51pm Aug 1, 2018 4:51pm
So basically its not possible to make money from this trading system ?
  • #89,033
  • Aug 1, 2018 5:08pm Aug 1, 2018 5:08pm
Quoting lddd
{quote} Thanks. Well then i don´t understand the big benefits of using the TDI at all. I am trying to understand and trade this method for 1-2 years now. Not contantly looking at it but in summary it gave me more stress than anything else. 90% of the signals can´t be trusted anyways without analysing the hell out of the chart, skipping through different time frames and so on. It also seems that the signals you want to take are these sitting @SR levels. So for what all these extra windows like TDI/Stock and HA candles. You could simply draw 2 horizontal...

i agree, so many things to take into consideration before even looking at the TDI

It's trading made simple if you're already a price action master
  • #89,034
  • Aug 1, 2018 6:15pm Aug 1, 2018 6:15pm
Quoting The Cableguy
{quote} Someone telling it as it is for a change... did this for years and branched off down every single avenue available, as i've pointed out before and yet peeps still think that it is plausible...
They haven't felt enough pain yet. Let it continue and the light will hopefully come on...

You gotta admit, the old boys marketing really worked. Now let me get my thinking cap on...
'in less than half an hour he made over 100 ticks'
  • #89,035
  • Aug 1, 2018 6:17pm Aug 1, 2018 6:17pm
Quoting shay14
{quote} i agree, so many things to take into consideration before even looking at the TDI It's trading made simple if you're already a price action master
Knowing Price Action trading is the key. The OP himself said this below.

#1 importance is the Price Action PA

#2 importance is the TDI, which is to show the price momentum for entry.

Therefore for those with some years of experience trading, there is Option #3:

----------------------------------------------------------------------------------------------------
New traders coming to this thread have three Options:

Option #1: Go to this post link, read and follow that post.The TMS history is all here.

https://www.forexfactory.com/showthr...2#post10965032

Option #2:
You don't have to read 4452 pages (89,033 posts)
Just two pdf files compiled by older members here will suffice.
Go to this post link, download and read those two pdfs files.

https://www.forexfactory.com/showthr...31#post9656031

Option #3:
For those with some years of trading experience trading with indicators, this option may be better.

Click and read One, Two and Three

TMS being the 5-Method is a technical trading methodology therefore you need to add your own Money Management and make it your own system. Your trading psychology is another subject matter not talked about much.

Big E was a discretionary rule based trader.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,036
  • Aug 1, 2018 6:28pm Aug 1, 2018 6:28pm
Quoting jason1968
So basically its not possible to make money from this trading system ?

The same mistake most people make.

Trading Made Simple is NOT a trading system. It is a trading methodology derived from several other methods by 'blending' some components from different methdos and creating what is TMS 5-Method. Many of the stuff mentioned by the OP in his old thread comes from his knowledge and experience trading the Natural Flow Forex
system by Craig Harris.

You can make some money if you develop using this 5-Method as your core technical trading methodology. You need to use you own Money and Risk Management strategy and also develop your Mental Strategies to deal with your trading psychology while you are trading the markets.

Basically, it is for you to develop your own winning system that fits you.

Too much time is being spent on TDI and Stochastics,
Too little time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,037
  • Aug 1, 2018 6:41pm Aug 1, 2018 6:41pm
Quoting mousteven
{quote} Hi Emmanuel, Do you think TDI signal only become valid after a least 2 trend waves? Can we set it as a rule to follow? regards, Steven

Hi,

Not sure what you mean by 'at least 2 trend waves'.

Remember, Big E was trading the Natural flow Forex system before and he looked a 'reversals' and swings differently. The most confusion is the 'reversals' mentioned.

When we have the Average price Bar APB aka HA candles and the 5EMA Typical Price, Shift+3 on our TMS charts, the swings are more visual.
You need to know what that 5EMA is used for and the characteristic of the APB/HA candles. I know some people confused the APB with the original HeikenAshi. Some people made fun of the HA and calling that Heineken Asahi.

Look at this GBPUSD H4 chart below, can your spot those swings with the APB/HA and 5EMA on a clean TMS chart?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H4 Aug 01.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,038
  • Aug 1, 2018 6:47pm Aug 1, 2018 6:47pm
Quoting DJsignals
If you can’t take a small loss, sooner or later you will take the mother of all losses. Ed Seykota

Now I know where this quote came from...

When I trade multi pairs, I allocate $5,000 per pair and my Cut-Loss is $2,500.
When I have open trades in 10 pairs and my 'mother of all losses' would be $25,000.

Hope everyone understand the power of leveraging and I do not mean the leverage you broker offers you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,039
  • Aug 1, 2018 7:45pm Aug 1, 2018 7:45pm
Quoting Tekkies
{quote} - How close am I to the previous high or lo Come on Iddd, "here" you will not find any, I know of this place: {image} Am I in an uptrend or downtrend.. short & long term... #686 Trend... long term and short term... I take a chart and make the candles as small as they will go to find the direction of the long term trend... Then I enlarge them to my normal trading size for the current short term trend... If they are the same I feel I have better odds on my side... if they are opposite I may trade less lots per trade... I will pay more attention...

Keep it Simple when you do search, ... a short cut to learning through intelligent smart search.

first, start search only the OP's 1485 post here in Forex Factory. Read them all and make your own notes what are your down your observations

use relevant word keyword search, also if the OP made spelling mistakes like .. Dailys, Dailies, Japaneese,

simple search using keyword 'previous'. came up with 42 posts to read and study.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E on previous hi low swing etc.png Size: 126 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,040
  • Edited 8:14pm Aug 1, 2018 8:00pm | Edited 8:14pm
Quoting lddd
{quote} ...You could simply draw 2 horizontal lines on a naked chart at key support and key resistance and take the trade if price comes close to these levels maybe waiting for a candle stick pattern to confirm the entry and you´re setted. This indicator does not provide any value here at all.

Well, it is simple when you have a consistent approach in doing your top down analysis and have a big picture of the market.

Like USDCAD trade example I posted weeks ago. I know when and where to sell. I know my technical Stop Loss. I know my various TP levels. All these are lines on my trading chart like the one below.

Go back and read/study my posts on USDCAD 3 weeks ago.

I just close some profitable positions and re-open a new basket. It is free trades (risk free) now and I don't stress myself when I reach this situation. I re-invest with the banked-in profits. Trade like an Investor.


Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 31 Aug 02 trade report update.png Size: 51 KB


Lines on my chart below,

https://www.forexfactory.com/showthr...7#post11237637
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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