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Trading Made Simple

  • #93,801
  • Feb 3, 2019 7:34am Feb 3, 2019 7:34am
Quoting emmanuel7788
{quote} You can consider using THV CaveManager which will place SL and TP according to the setting input parameter. THV CM will also manage your trades accordingly or you can leave them as 'set and forget'.

Ok, thanks

I had a look at cave manager on google ...and it had quite a lot of setting options. I was thinking it might start doing things I don't want it to so started googling around and eventually found this: https://www.mql5.com/en/market/product/15743#

it seems to have good reviews, and probably works on the latest mt4 build looking at the dates.

I have installed it [didn't realise if you DL from there you don't even need to reboot your mt4 platform now]

and will test it tomorrow with 0.1 lots
  • #93,802
  • Feb 3, 2019 9:52am Feb 3, 2019 9:52am
Quoting Tekkies
{quote} What systems will that be?
F.eks. trend continuation method(The Gorilla Method):

https://www.forexfactory.com/showthread.php?t=851093

And reversal system(SDTR Strategy Part II):

https://www.forexfactory.com/showthread.php?t=864690

They work because the rules are simple and they only signal a few trades a week. In addition you do not need to understand a lot of price action to trade (at least the Gorilla system). And by using high risk:reward (Gorilla Method use 1:3) I'm sure the winning trades outperform the loosing once. For a newbie the psychological issue will be the biggest problem but that problem you will have for any system.
  • #93,803
  • Feb 3, 2019 10:10am Feb 3, 2019 10:10am
Quoting kirinda
{quote} F.eks. trend continuation method(The Gorilla Method): https://www.forexfactory.com/showthread.php?t=851093 And reversal system(SDTR Strategy Part II): https://www.forexfactory.com/showthread.php?t=864690 They work because the rules are simple and they only signal a few trades a week. In addition you do not need to understand a lot of price action to trade (at least the Gorilla system). And by using high risk:reward (Gorilla Method use 1:3) I'm sure the winning trades outperform the loosing once. For a newbie the psychological...
I also find a older thread with a system close to TMS: It use heiken ashi, 100sma for trend and stochs with same settings as TMS (8.3.3):https://www.forexfactory.com/showthread.php?t=340556

I think that system is also good for newbie because stoch is a good indicator and the 100sma make you only trade in the direction of the trend.
  • #93,804
  • Feb 3, 2019 12:53pm Feb 3, 2019 12:53pm
Quoting Tekkies
Can only conclude Emmanuel that you will use every trick in the book to discredit BigE's method using TDI.
You both do that. Open your own topics. Tekkies for trading the TMS (where TDI green angle and 647 is the edge.) And Emmanuel could create his own topic trading the TMS (where price action is the edge).

Donīt understand why you keep doing your personal debates here. Maybe the "attention deficit syndrome" could be a reason for that...?

Its like kindegarten "you are wrong.. " .. "oh no you are wrong.." followed by dozens of misleading quotes of a dead man where you try to back your claims with it.

Memo to my self.. "I should stop reading here before i am finally brain damaged".
  • #93,805
  • Feb 3, 2019 1:03pm Feb 3, 2019 1:03pm
Quoting lddd
{quote} You both do that. Open your own topics. Tekkies for trading the TMS (where TDI green angle and 647 is the edge.) And Emmanuel could create his own topic trading the TMS (where price action is the edge). Donīt understand why you keep doing your personal debates here. Maybe the "attention deficit syndrome" could be a reason for that...? Its like kindegarten "you are wrong.. " .. "oh no you are wrong.." followed by dozens of misleading quotes of a dead man where you try to back your claims with it. Memo to my self.. "I should stop reading here...
read carefully what I said:

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
  • #93,806
  • Feb 3, 2019 1:03pm Feb 3, 2019 1:03pm
Quoting kirinda
{quote} F.eks. trend continuation method(The Gorilla Method): https://www.forexfactory.com/showthread.php?t=851093 And reversal system(SDTR Strategy Part II): https://www.forexfactory.com/showthread.php?t=864690 They work because the rules are simple and they only signal a few trades a week. In addition you do not need to understand a lot of price action to trade (at least the Gorilla system). And by using high risk:reward (Gorilla Method use 1:3) I'm sure the winning trades outperform the loosing once. For a newbie the psychological...

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,807
  • Feb 3, 2019 1:12pm Feb 3, 2019 1:12pm
Quoting Tekkies
{quote} Referred to both crossover. Am sure BigE mentioned H1 crossover. Either way both would have been profitable. ---------- Of course there is no H1 crossover when that entry has been made. ---------- You still don't get it Emmanuel and I guess you never will. Look carefully at what is posted: - M15 green crossed over. - H1 green confirmed with a nice strong angle above 1 and is about to crossover. - Both stoch confirm direction. If you did bother to look closely at this chart Post...

@Tekkies,

stop lying again. you are making a fool of yourself here in the eyes of the experienced TMS traders.

back to your post below,

there was no H1 TDI cross at the price level where you placed your buy entry. There was also no strong angle during that H1 bar/candle.

the H1 TDI cross only after that H1 bar/candle closed.

also that H1 bar/candle APB/HA was red and small body.

I am sure Big E would not have entered a buy when the HA candle was red.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post 93761 03-02-2019 20-17-49.png Size: 334 KB


you can continue to lie and fool the newbies to this thread. You can't fool those with many years charting experience.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,808
  • Edited 3:25pm Feb 3, 2019 2:53pm | Edited 3:25pm
Quoting emmanuel7788
{quote} @Tekkies, stop lying again. you are making a fool of yourself here in the eyes of the experienced TMS traders. back to your post below, there was no H1 TDI cross at the price level where you placed your buy entry. There was also no strong angle during that H1 bar/candle. the H1 TDI cross only after that H1 bar/candle closed.
@Emmanuel, i think Tekkies tried to tell you a couple of times now that he doesn't wait for the H1 TDI cross to happen nor does he wait until the H1 candle has closed. I think you still did not understand that. He did even admit a couple of times now that this procedure has nothing to do with the original TMS rules by BigE.

The original TMS rules never said to enter on a time frame lower as you plan your trade for just to get some better price entry point. Maybe he did that, maybe not at least i could not find any of his posts saying so.

Tekkies entries are solely based on the M15 cross + the rules of post #647. H1 is only to confirm his bias if the TDI on H1 gives him some signs of confirmation here. But without waiting for the H1 candle to be closed at the time of the entry.

So he maybe hopes/prays for H1 to follow his M15 entry (but on a H1 candle, that is still running, not closed). I tried to tell him multiple times that to me it it doesn't makes sense to look at the H1 chart at all without waiting for at least 1 candle to be closed. Maybe it doesn't need to be closed, but thats another topic.

I think the basic rules about the TDI indicator are that you wait until a candle is closed where you see a cross is visible. No entry before that. If the cross is for the M15 chart you wait until the M15 candle is closed, if you trade H1 you wait for the H1 candle to be closed.
  • #93,809
  • Feb 3, 2019 6:10pm Feb 3, 2019 6:10pm
Quoting emmanuel7788
{quote} There was also no strong angle during that H1 bar/candle.
What is your definition of a strong angle?
Attached Image
  • #93,810
  • Feb 3, 2019 6:35pm Feb 3, 2019 6:35pm
Quoting lddd
{quote} @Emmanuel, i think Tekkies tried to tell you a couple of times now that he doesn't wait for the H1 TDI cross to happen nor does he wait until the H1 candle has closed. I think you still did not understand that. He did even admit a couple of times now that this procedure has nothing to do with the original TMS rules by BigE. The original TMS rules never said to enter on a time frame lower as you plan your trade for just to get some better price entry point. Maybe he did that, maybe not at least i could not find any of his posts saying so....
Iddd
Now you understand Iddd how I use M15 with H1. You have summed it up nicely.
- M15 cross over with angel above 1 (prefer), 2 (good but don't like it to much)
- H1 confirm direction with angle 1 or 2.
Prefer that M15 must crossover in the last 45 min of the H1 candle
- Add post#647 with S/R level.
That is it. Nothing more, Nothing less.
Attached Image
  • #93,811
  • Feb 3, 2019 6:44pm Feb 3, 2019 6:44pm
Quoting Tekkies
{quote} Iddd Now you understand Iddd how I use M15 with H1. You have summed it up nicely. - M15 cross over with angel above 1 (prefer), 2 (good but don't like it to much) - H1 confirm direction with angle 1 or 2. Prefer that M15 must crossover in the last 45 min of the H1 candle - Add post#647 with S/R level. That is it. Nothing more, Nothing less. {image}
that it nothing more nothing less trading made simple by tekkies
  • #93,812
  • Feb 3, 2019 6:54pm Feb 3, 2019 6:54pm
Quoting lddd
{quote} @Emmanuel, i think Tekkies tried to tell you a couple of times now that he doesn't wait for the H1 TDI cross to happen nor does he wait until the H1 candle has closed. I think you still did not understand that. He did even admit a couple of times now that this procedure has nothing to do with the original TMS rules by BigE. The original TMS rules never said to enter on a time frame lower as you plan your trade for just to get some better price entry point. Maybe he did that, maybe not at least i could not find any of his posts saying so....

Now see these charts below,

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 04 M15 H1 H4 0852.png Size: 74 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,813
  • Feb 3, 2019 7:02pm Feb 3, 2019 7:02pm
Quoting lddd
{quote} @Emmanuel, i think Tekkies tried to tell you a couple of times now that he doesn't wait for the H1 TDI cross to happen nor does he wait until the H1 candle has closed. I think you still did not understand that. He did even admit a couple of times now that this procedure has nothing to do with the original TMS rules by BigE. The original TMS rules never said to enter on a time frame lower as you plan your trade for just to get some better price entry point. Maybe he did that, maybe not at least i could not find any of his posts saying so....
Now the last H1 candle closed and we have new H1 candle open,

compare two sets of charts,

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 04 M15 H1 H4 0852.png Size: 74 KB


Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 04 M15 H1 H4 new H1 0900.png Size: 73 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,814
  • Feb 3, 2019 7:22pm Feb 3, 2019 7:22pm
Quoting Tekkies
{quote} Iddd Now you understand Iddd how I use M15 with H1. You have summed it up nicely. - M15 cross over with angel above 1 (prefer), 2 (good but don't like it to much) - H1 confirm direction with angle 1 or 2. Prefer that M15 must crossover in the last 45 min of the H1 candle - Add post#647 with S/R level. That is it. Nothing more, Nothing less. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post 93811 04-02-2019 09-08-02.png Size: 102 KB


Experienced traders do not 'cut up' a H1 candle into 4 parts using the H1 candle body only.
Do Not ignore the candle wicks and the size of the wicks.


Attached Image (click to enlarge)
Click to Enlarge Name: H1 candle with 4 M15 candles.png Size: 24 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,815
  • Feb 3, 2019 7:24pm Feb 3, 2019 7:24pm
Quoting Divergence
{quote} that it nothing more nothing less trading made simple by tekkies

a little knowledge is a very dangerous thing when it comes to trading the markets.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,816
  • Feb 3, 2019 7:29pm Feb 3, 2019 7:29pm
Quoting emmanuel7788
{quote} a little knowledge is a very dangerous thing when it comes to trading the markets.
i was joking of course his trading is beyond well this is a family site.........
  • #93,817
  • Feb 3, 2019 7:41pm Feb 3, 2019 7:41pm
DE30 Feb 04 M15 reversal candle example,

we see a classic TMS reversal candle when that hh:15 M15 candle close. now we see hh:30 M15 candle running but H1 and H4 ....

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 04 M15 reversal candle.png Size: 74 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,818
  • Feb 3, 2019 7:51pm Feb 3, 2019 7:51pm
DE30 Feb 04 M15 HH:30 candle closed pulled back,

now we shall observe what the current HH:45 M15 candle will do and see how the TDIs will react to that price action,

WAIT!!!

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 04 M15 0948.png Size: 80 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,819
  • Feb 3, 2019 8:07pm Feb 3, 2019 8:07pm
DE30 Feb 04 M15 H1 and H4 TDI compare,

with H4 candle closed, now you can compare the TDIs of all 3 timeframes,

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 04 M15 H1 H4 1000 Tokyo.png Size: 77 KB


H4 shows a TDI bounce

H1 hooked down,

M15 hooked up,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,820
  • Feb 3, 2019 11:55pm Feb 3, 2019 11:55pm
DE30 Week 06 Feb 04 range bound market

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 06 Feb 04 D1 range bound.png Size: 32 KB


Big E once said:

When you see a TDI cross that doesn't look good...
... start checking other timeframes for the trade...
... look at other templates at different timeframes...
... do a thorough investigation before entering any trade.


what are your other templates?

what are your other timeframes?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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