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Trading Made Simple

  • #93,061
  • Jan 13, 2019 3:20am Jan 13, 2019 3:20am
Quoting Tekkies
{quote} A other popcorn fight? Point proven, as soon a trader don't agree with you, your post's become vindictive. Post 92,977 ---------- Wonder what BigE will say regarding your post Emmanuel? Since he posted this: Post#643 When checking out the TDI for a possible trade: Think of a wall clock here and it's arms... you want to see the green line for a long trade at the 12-2 angle for best results and a short trade at a 4-6 angle... This is basic 4x stuff... Don't try...
#Tekkies,

This is no popcorn fight. It is all made up by you every time I post.

There is also nothing that agrees nor disagrees with me. It is not about me. I am not vindictive. I expect members to have open minded and robust discussions based on their own experience. Its all in your mind.

It is your post which you made comments without seeing the details of mtharwat's posts and charts. You still missed the poinst what he mentioned and my reply to his post and chart. Later one you corrected your comments with hindsight seeing the mtharwat's post chart again.

About Post#643, again you read each post and cut-and-paste.
You read the post in isolation without knowing the full discussion back then and how Big E post was reply to questions being asked over and over again.
Basic forex stuff is still subjective. What are basic forex stuff?
The green line angle 12-2 and 4-6 is not all that important if you know basic price action well. That green line angle will nit gaurantee you winning trades. It will also not give you win rates of 85% in 3-6 months. You are being naive without the experience and have not achieve profitability and consistency in profits.

By the way, the clock angle 12-2 and 4-6 also apply to the Stochastics as mentioned in Big E old thread. Go and read the old thread and learn more about him and the way he traded when he was a newbie in 2008.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,062
  • Jan 13, 2019 3:25am Jan 13, 2019 3:25am
Quoting AutoRider
**Notice** I have uploaded new update 2 weeks test version (post 92827). invite to all members for download new update version. if you have download TDI RT clone indicator & PDF File , Don't want download indicator & PDF File again.Test it by your self and you will see how this EA make stable profit. Email:- [email protected] ("[email protected]") Channel :- https://t.me/tdalgo {file} {file} {image}

You can use the standard Stochastics (21,3,3) to confirm (confluence with) the TDI(13,2,0,7,34) to filer/reduce the number of poor TDI entries.

back-testing shows better results.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,063
  • Jan 13, 2019 3:40am Jan 13, 2019 3:40am
Quoting AutoRider
**Notice** I have uploaded new update 2 weeks test version (post 92827). invite to all members for download new update version. if you have download TDI RT clone indicator & PDF File , Don't want download indicator & PDF File again.Test it by your self and you will see how this EA make stable profit. Email:- [email protected] ("[email protected]") Channel :- https://t.me/tdalgo {file} {file} {image}
Hi AutoRider
Previous EA works well. Now can you please provide TPL for this new EA. Thanks,
  • #93,064
  • Jan 13, 2019 3:45am Jan 13, 2019 3:45am
Quoting Tekkies
{quote} No mtharwat. I did not say you should check other time frimes. BigE did not check any other time frames. He got all the information from the chart he traded on. --------- I can not do that yet. I use M15H1 because it works for me. -------- Find what works for you mtharwat. Somewhere you will get the "AHA" moment when everything will become clear. That stop loss you have problems with read how this one does it: https://www.forexmt4indicators.com/t...orex-strategy/

I checked the website and I will paste this paragraph

----"This strategy is an ideal scalping strategy as it allows traders to take profit on slight price movements based on the TDI’s RSI line. It would also work best on a trending market since the slight curls of the RSI line represents minor retracements before it continues the trend. However, this strategy wouldn’t be as profitable during a ranging market, since on those markets, price tends to whipsaw up and down.".....


For me, this is exactly why I want to learn TMS for...I want entries based on H4 and trade small corrections on M5/M15. Quite different from trading Higher TFs.
I am successful with HTFs but not really there on LTFs.

The only exception for me was trading THV with Miahilo on Renko but the setups (5 pips) are not as many at all and I modified the conditions to my style and it did work great but I had to wait a lot for the right setup and missing many good ones. "It was my tweaks to the system though that made the setups less in number"


Regarding renko, I am really interested in multiple Brick Analysis and have been doing it for long. Can you direct me to any posts about TMS on Renko. Somewhere online, I read about a Renko trader who is very successful with Renko and TDI combination but can not reach him.
  • #93,065
  • Jan 13, 2019 4:26am Jan 13, 2019 4:26am
Quoting emmanuel7788
{quote} #Tekkies, This is no popcorn fight. It is all made up by you every time I post. There is also nothing that agrees nor disagrees with me. It is not about me. I am not vindictive. I expect members to have open minded and robust discussions based on their own experience. Its all in your mind. It is your post which you made comments without seeing the details of mtharwat's posts and charts. You still missed the poinst what he mentioned and my reply to his post and chart. Later one you corrected your comments with hindsight seeing the mtharwat's...
You don't know and make assumptions
"You are being naive without the experience and have not achieve profitability and consistency in profits."
That is mean and negative. (vindictive).
In this thread BigE posted Stoch is only for direction. What was posted in a other thread is irrelevant.
  • #93,066
  • Jan 13, 2019 4:54am Jan 13, 2019 4:54am
Quoting mtharwat
@emmanuel7788 and @Tekkies I really appreciate all the inputs, comments and annotations. I will quickly make some comments: I am trading basically with PA with/without MAs and sometimes divergences on Time charts and on Renko as well. I am trying to get the strength of TMS system to integrate it in my analysis. So thank you all for directing me on how to best use TMS. My broker (Pepperstone) uses New York close time. Very good to know about the 2EMA setting for the fozzy RSI I am applying RSI 13 and then applied 2 MA and 7 MA . But I will use 2...
Attached Image (click to enlarge)
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  • #93,067
  • Jan 13, 2019 5:02am Jan 13, 2019 5:02am
Quoting Tekkies
{quote} You don't know and make assumptions "You are being naive without the experience and have not achieve profitability and consistency in profits." That is mean and negative. (vindictive). In this thread BigE posted Stoch is only for direction. What was posted in a other thread is irrelevant.

@Tekkies,

I may sound mean and negative by what I said earlier. But it is hard truth which you must learn to face.
Trading spot forex is very tough business and you make it sound too simple and easy over exaggerating and over-simplifying trading made simple by just trade the Green cross Red, pick Green angle 12-2 and 4-6, use Post#647 rules, basic forex stuff, etc. If it is really so simple, million of people would be forex millionaires, that is naive.

Yes, Big E posted he used the Stochastics (8,3,3) for direction. Do you think he did not know that the Stochastics angle was used in the Natural Flow Forex system by Craig Harris. The angle 12-2 and 4-6 was documented in NFF referring to the Stochastics (8,3,3). Big E took that knowledge and apply that to the TDI Red Green (13,2,0,7,..) that seems to work too. But when you see the Stochastics and TDI Green also show the 12-2 and 4-6 angle at the same reversal, would this not give you more confidence to take a reversal trade using APB#1 and APB#2 candles. A simple back-test will show the number of trade setups using both Stochastics and TDI angle at the same reversal will help in picking the better setups and when you use the HA candles and the 5EMA.

Do Not limit your trading to just what Big E wrote in this thread. Go and read his posts in his old thread and learn from the examples he posted there.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,068
  • Jan 13, 2019 5:30am Jan 13, 2019 5:30am
Quoting Tekkies
{quote} mtharwat Why do you make it so difficult for yourself? Did some hindsight trading - M15 TDI green crossed red with a good angle. - H1 TDI green confirmed cross. - Stoch on both time frames confirm direction. {image} Try and see how M15H1 crossover did between 2019.01.11 06:00 and 2019.01.11 13:00. - hindsight show consolidation which at that time would be unclear. Synchronization line and charts: Place both indie's on both charts. Edit: Remember to place the trend line at the beginning new candle after the H-Line {file}{file}

Hindsight is perfect vision 20:20

Even with hindsight and following Big E's Post#647 checklist and Price Action, TMS purist traders would not have taken any of the 3 vertical lines you drew on you charts.

My M15 and H1 chart below.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Jan 11 M15 and H1 charts.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,069
  • Jan 13, 2019 5:34am Jan 13, 2019 5:34am
Quoting emmanuel7788
{quote} @Tekkies, I may sound mean and negative by what I said earlier. But it is hard truth which you must learn to face. Trading spot forex is very tough business and you make it sound too simple and easy over exaggerating and over-simplifying trading made simple by just trade the Green cross Red, pick Green angle 12-2 and 4-6, use Post#647 rules, basic forex stuff, etc. If it is really so simple, million of people would be forex millionaires, that is naive. Yes, Big E posted he used the Stochastics (8,3,3) for direction. Do you think he did not...
Still can not agree with you Emmanuel.
This method is simple. The rules are simple. The problem is Post#647 with Sup /Res. How many traders can apply all those rules every-time correctly?
---------
- But when you see the Stochastics and TDI Green..............
BigE made the rule (would not know) Stochastic confirm direction only to keep the rules simple. How many new and old traders would stumble if he did include stoch also to be 12-2, 4-6.
BigE is the only one who can say what he meant by direction only. The two of us will never reach a agreement, The judge is absent to make a verdict.
Agree to disagree.
  • #93,070
  • Jan 13, 2019 5:49am Jan 13, 2019 5:49am
I thought of sharing this to any one who wants to learn about the system. There are so many examples and information. It is Big E's posts in one PDF.

-------------

I also extracted some posts from the PDF that talk about Big E's rule with the TDI cross. The thing that confused me was when to enter.
For EX:
The first candle has TDI green toucing TDI Red-------No trade yet
The second candle while opening has TDI crossing with the right angle.
Should we wait for the candle to close and enter on the opening of the third after confirmation or enter in this second candle that has just opened?
From my understanding: We should enter exactly when TDI clearly shows the cross. And of course pay attention to the angle

Here are some posts about the matter.


Page 34

#767 I enter on the candle I get the TDI signal on... not the next one. When the next candle started pulling back I would have exited... with a profit I might add...

Page 35

#785 On any timeframe when green crosses red (12-2 or 4-6 angle) we enter the trade at the beginning of that candle... check out the basic stuff as discussed earlier.


Page 36
#954 Example Chart only...

My Comment: “This chart example shows entry on the candle where TDI was opening mouth. So the entry would be during the candle formation.



Page 37
#979 I can't believe there is still confusion here on What is candle 1 or two... If there was a reversal and it went 6 candles let’s say... The first 2 candles are #1 & #2. If I don't get a signal to enter from the TDI on (candle 1 or 2... green crossing red).. I pass on the trade and find another. This is the rule. The only exception is if the green line bounces away from the red line I'd jump in because it's a bounce trade... Never enter when green is just touching red... why?... because it might bounce back instead of crossing the TDI Red... wait for the signal... as soon as you see the cross... enter right then... it's happens at the start of a new candle... Don't wait to enter on candle 3 or.... later

——————————
Page 41
#1240 Training Chart - E/J 1hr. - 6am entry... and yes it's ok to enter under the 5ema...
Attached File(s)
File Type: pdf BigE full.pdf   3.4 MB | 754 downloads
  • #93,071
  • Edited 6:22am Jan 13, 2019 6:00am | Edited 6:22am
Quoting Tekkies
{quote} Could be me. Renko journey started with this post:Post 2,230 Modified Renko to use no wicks:Post 2,390 Developed a expert that did in back testing wonderful and live trading a total disaster: Post 928 and this Post...

You were missing the most important aspect in Renko Trading. The mistake all Renko traders do.

Trading Renko means analysing Multiple Brick sizes, same as we do with MTF. So for ex: I would look at 40 Brick size and 20 and 10. And may be fine tune the entry on 5.

One brick size of Renko is not enough.

I have a Renko commercial indi that enables me to change brick size instantly from the offline chart.
  • #93,072
  • Jan 13, 2019 6:01am Jan 13, 2019 6:01am
Quoting Tekkies
{quote} Still can not agree with you Emmanuel. This method is simple. The rules are simple. The problem is Post#647 with Sup /Res. How many traders can apply all those rules every-time correctly? --------- - But when you see the Stochastics and TDI Green.............. BigE made the rule (would not know) Stochastic confirm direction only to keep the rules simple. How many new and old traders would stumble if he did include stoch also to be 12-2, 4-6. BigE is the only one who can say what he meant by direction only. The two of us will never reach...
You do not agree not that you cannot agree.
Answer is you do not trade TMS the way Big E has laid out.
The 5-Method is simple.
The rules are few and are simple but vague.
Post#647 is not the problem.
The problem is traders do not know how to interpret that Post#647 the way Big E did.
Traders must interpret Post#647 and write simple rules on their own rules based on their own knowledge and experience. Forward test their own rules in live market trading. Fine their trading rules and define their own trading tasks for their own trading system.
Post #647 is not the problem because different TDI versions will be the problem.. which version to use?

Stochastics confirm the direction is also correct. But before the Stochastics can confirm a direction, the Stochastics %K line must cross the %D line. When traders sees this %K cross %D and look at the price action for a reversal, they will see the reversal price momentum. But when there is price pull back and then re-bound, the Stochastics direction remains without any cross. So this statement the Stochastics confirm the TDI Green direction in both cases are correct.

The judge is alive and well, live trading results shall be the judge.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,073
  • Jan 13, 2019 6:02am Jan 13, 2019 6:02am
Quoting emmanuel7788
{quote} Hindsight is perfect vision 20:20 Even with hindsight and following Big E's Post#647 checklist and Price Action, TMS purist traders would not have taken any of the 3 vertical lines you drew on you charts. My M15 and H1 chart below. {image}
That is your option Emmanuel.
Who are those TMS purist you are referring to? Would really love to see a post by them regarding Post 93,055
-----
As far as I know you missed the green bounce red in a previous post: Post 92,148 my replay: Post 92,150
How many point's did you missed this time?
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  • #93,074
  • Jan 13, 2019 6:14am Jan 13, 2019 6:14am
Quoting mtharwat
I thought of sharing this to any one who wants to learn about the system. There are so many examples and information. It is Big E's posts in one PDF. ------------- I also extracted some posts from the PDF that talk about Big E's rule with the TDI cross. The thing that confused me was when to enter. For EX: The first candle has TDI green toucing TDI Red-------No trade yet The second candle while opening has TDI crossing with the right angle. Should we wait for the candle to close and enter on the opening of the third after confirmation or enter in...

Page 41 #1240 Training Chart - E/J 1hr. - 6am entry... and yes it's ok to enter under the 5ema...

Yes!

It is okay to enter when price is below the 5EMA for buy but it is very rare like diamonds.

Only when there is reversal candle and there is MOMENTUM in the price.

Now see the Post 1240 chart,
Attached Image (click to enlarge)
Click to Enlarge Name: Big E post 1284.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,075
  • Jan 13, 2019 9:07am Jan 13, 2019 9:07am
I kept thinking of the fact that Big E would close the trade if retraced about 20 pips against him. On H4 a 20 pip retrace can happen frequently.

Then after reading more about his style of trading, I realised that he also weighs another factor.

For USD for example, he would look at EURUSD, GBPUSD, AUDUSD and I thing USDCHF. If the pairs are showing same strength or weakness of USD, he would trade TMS system after satisfying the other conditions.

I think the same would apply on Yen pairs although I have not yet read that but just assuming. Any way, a 20 pip move in a yen pair is something we could witness on M15 before jumping to H4.


--------------------------

Another thing that is really making my head spin around...

Big E has posted so many charts with vertical lines showing possible entries.

According to him, he would trade the candle that is showing a cross not the candle after.

Ok...But the question is, how would we know when did TDI adjusted its self with a clear cross (i.e At what level and when.. Was it near the end of time for the H4 candle.. What if it retraced back and forth and the what appeared to be a cross with a good angle started to flatten)

I have so many questions in my head and I am questioning (to myself) the validity of visual backtesting by looking left.
I am sure others have experienced this through the years and have an answer.

I think I need to concentrate on trading the system for the next month or two and carefully observe the reaction of TDI when the green touches red and when green crosses red while the candle is forming...(When exactly and did it change angle or flatten and then back again....all while the entry candle is forming)..
  • #93,076
  • Jan 13, 2019 10:31am Jan 13, 2019 10:31am
Quoting emmanuel7788
{quote} {quote} At age 18, you are a 'baby' in this business. Some spoon feeding is necessary but the one doing the spoon feeding can create a mess. {image} You want to hear my story? I am 64 and retired at 57. Go and complete school with good grades and have a career. Education, that should be top priority as of now. Save your money and invest in assets that generate passive income. Trading the markets can wait until you have substantial amount of passive income to use for trading and generating an additional income. {image}
Haha! I love being underestimated - Definitely gives me huge drive in wanting success...

About me - Completed school, got good grades - Recently started an apprenticeship with a large engineering company, as this gives me a better experience in the industry and will be better off than coming out of Uni and jobless for god knows how long!

Definitely saving my income (I have an excel sheet to track my saving progress!), as I want to get into property, building a portfolio, investing in stocks, getting into forex etc - Hopefully be retired by 32!

Emmanuel, If you are up for a challenge? Would be good to have you as a life mentor!
  • #93,077
  • Jan 13, 2019 12:55pm Jan 13, 2019 12:55pm
Quoting Tekkies
{quote} That is your option Emmanuel. Who are those TMS purist you are referring to? Would really love to see a post by them regarding Post 93,055 ----- As far as I know you missed the green bounce red in a previous post: Post 92,148 my replay: Post 92,150 How many point's did you missed this time? {image}
Hi Tekkies,

The first thread I read on FF was Craig Harris Stochastic's Method, by Eelfranz, Post #2,974 .

It was my starting point in the world of Trading.

But, as time and my knowledge moved on so did my Trading Style.

Personally I think Eelfranz would have also moved his Trading on to another Level, by now, if he was still around to do so.

The Markets have certainly changed since Eefranz, with the help of others, was developing this system.

The only things you really need are PRICE and the Structure Price Forms.

The TDI and Stochastic's only lag Price.

The best advice I can give anyone, for what it is worth, is FOLLOW PRICE not an Indicator that Lags Price by what ever Period you happen to set it to.
Attached Image(s) (click to enlarge)
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  • #93,078
  • Jan 13, 2019 2:41pm Jan 13, 2019 2:41pm
Quoting stevepatt
{quote} Hi Tekkies, The first thread I read on FF was Craig Harris Stochastic's Method, by Eelfranz, Post #2,974 . It was my starting point in the world of Trading. But, as time and my knowledge moved on so did my Trading Style. Personally I think Eelfranz would have also moved his Trading on to another Level, by now, if he was still around to do so. The Markets have certainly changed since Eefranz, with the help of others, was developing this system. The only things...

Hi mate, pretty much all indicators lag price.

The way I interpret TDI is we are trying to follow momentum. One cannot predict where momentum is going to be without fundamentals analysis.

if You chase momentum, you will likely be winner. Note the word likely, this is not a 100 percent full proof method, no holy grail. But as traders this is a good thing.

I use the TDI, it condenses information for me to something which is quickly intrepratable.

Each to their own.
  • #93,079
  • Jan 13, 2019 3:21pm Jan 13, 2019 3:21pm
Quoting stevepatt
{quote} Hi Tekkies, The first thread I read on FF was Craig Harris Stochastic's Method, by Eelfranz, Post #2,974 . It was my starting point in the world of Trading. But, as time and my knowledge moved on so did my Trading Style. Personally I think Eelfranz would have also moved his Trading on to another Level, by now, if he was still around to do so. The Markets have certainly changed since Eefranz, with the help of others, was developing this system. The only things...
Hi Steve.
BigE moved on?He would have been by now on a naked chart. He posted once about a breeze it is trading with out any clutter on a chart.
Belief he would have started a new thread and leave Trading Made Simple open like Craig Harris. Trusting member's to only discuss TMS + TDI in this thread, not to change it every few month's.

As to the market has change. How come? Go back to any chart / time frame / year. The candles are still doing the same now as they did all those years ago. Going up and down.

The debate about lagging indicators vs Price Action is as old as the first time a indicator was plotted on a chart. Will leave it at this: You like them you use them you don't like them don't use them.

Structure Price Forms don't know much about them Steve. Those point you showed on your chart are at the same place applying post#647. TDI crossover is only showing from which bar you are suppose to start looking.
------
Have found what I have been seeking Steve. A method (this one) that would work for me. Simple and easy. Took almost 4 years to understand Post#647 (maybe I am 1% good at that now) Would I reach 100%, not in this lifetime.
-----
Those hindsight trades on that chart Post 93,073 would have increased the Account Balances. Are those perfect entry's based on your "forms" or 123pattern or Price Action or ............ would not know.

All that I do care about is will the trade end in profit. For me TDI crossover with post#647 does just that.
  • #93,080
  • Jan 13, 2019 4:46pm Jan 13, 2019 4:46pm
Quoting AkronD
{quote} Hi mate, pretty much all indicators lag price. The way I interpret TDI is we are trying to follow momentum. One cannot predict where momentum is going to be without fundamentals analysis. if You chase momentum, you will likely be winner. Note the word likely, this is not a 100 percent full proof method, no holy grail. But as traders this is a good thing. I use the TDI, it condenses information for me to something which is quickly intrepratable. Each to their own.
In way of some background to my earlier statement: "Easy to intrepret"

George C. Lane (you can google who that is):

"According to an interview with Lane, the Stochastic Oscillator “doesn't follow price, it doesn't follow volume or anything like that. It follows the speed or the momentum of price"

If you are able to look at raw price action and determine momentum - which i think is hard to do - that is great. For me this is where Stochastic / TDI come in. CH uses Stoch Angle for determining momentum, OP uses TDI. Pick your poison.

I think theres 2 things (like Emmanuel and Tekkies are both agreeing to) which make to building a good strategy. Price Action and Momentum. Whatever you look at, if you are able to discern where the market is going and jump in - the chance of winning is stacked in your favor. You obviously want to make sure you don't spend hours trying to pull apart a chart, because that can take away the gains.

Clearly, there are people who can just look at a chart with no indicators and take a educated position, i'm not like that. I need time - TDI / Stoch make it easier for me to pull apart the chart.
The TMS, in my mind was made for people like me who were new to FOREX and Day Trading. I'm not as fast as the OP (i think he said 15 seconds or something), i need about 3-4 mins to intrepret whats going on to make a decision of whether to go in or stay put.
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