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Trading Made Simple

  • #97,701
  • Aug 28, 2019 2:24pm Aug 28, 2019 2:24pm
Quoting Tekkies
{quote} Emmanuel introduced the smTMMS indicator (trying again to divert this thread away from TDI). All I did was to fetch that indicator from Robin's thread. Don't know the pro's or con's of that indicator, only did a crude comparison and posted my findings. By what you have posted and the results (hindsight) I will stay away from using that indicator. ---- Your own post condemn smTMMS to the dustbin. How do you know when price is trending and when it is in consolidation? You don't see those condition to the right of price, you see them on the...

hey Tekkies,

You are confused again here. I did not introduce the smTMMS Oscillator. It is SwingMan who shared his work here in FF. Here is the link to SwingMan' thread title ...
" LazyHashi TMMS - Trading Made More Simple". You need to read and study SwingMan' thread and important to learn how to use the HeikenAshi candles.
https://www.forexfactory.com/showthread.php?t=928698

<>
Just because you can bring an indicator up on your chart doesn't mean you know how to use it correctly.

There are always going to be people who slam using Stochastics or any other indicator. Like you said... you have to learn how to use it like you have to learn how your favorite pair responds in the market place.

Learn to tweek your strategy to stay up with changing market conditions.

It's just part of the puzzle.
<>

And RobinHood' new thread title is "Trading Made Simple(r)".
You must do your own forward tests in live market conditions. You very crude comparison and findings do not represent the real market conditions. Do your forward tests for the first 100 trades, then move to 200 trades , then to 300 trades... by the time you completed 3,000 trades which may take 2 to 3 years, then you would have learned and know what how well the method performs in real market conditions.


To your question:
How do you know when price is trending and when it is in consolidation? You don't see those condition to the right of price, you see them on the left side of price.

Yes, we look to the left of our charts and that will show us the current market conditions and whether it has changed. We cannot predict the future market. No one can.

Below is how I view that portion of the market Aug 19 to 28 which you did you crude comparison and testing.
It is quite simple ... the same way I use Big E APB/HA candles and the 5EMA, Typical Price,Shift+3.
As you can see on y chart below, after that week Aug 12 to 16 closed, the market type condition has changed.
That took 3 weekly bars/candles to determine.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Weekly analysis 29-08-2019 02-33-36.png Size: 55 KB


Look at SwingMan smTMMS Osc below, its is the 3rd bar red colour. And with that big Weekly bar Aug 5 to 9, that is the WRB High-Low Range which I would be trading.... until the market breaks out again.

more.../
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,702
  • Aug 28, 2019 2:39pm Aug 28, 2019 2:39pm
Quoting Tekkies
Got nothing to do, USTEC and DE30 are in consolidation. So what why not check if TMS really did evolve into something better. What a disappointment. Are traders really that gullible to take a tumble for any new indicator's. Don't they compare indicators against each other and do some back testing / forward test on the same chart and time frame, testing the pro / con's between indicators. This is a fast and dirty comparison. Did not check for repainting, when does a new gray/red/green histogram been plot, nor are the rules applied to use the indicators....

hey Tekkies

You can run those trades in your MT4 strategy tester.

Why spend your precious time doing such crude testing using MT4 history price data.

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I follow my weekly top down analysis WTDA and my view of the week Aug 19 was bearish hence my preference would be to sell only follow basci TMS chart template.

Note where I placed my sell VLine.

Attached Image (click to enlarge)
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And using Big E' risk / money management where he would risk 15% to 30% of his $10K account deposit, instead of placing one single entry trade with 2 to 4 standard lots in this tests, I break down the same risk into 5 small positions in one basket and trade with MEME. I also have Mingary' "safety valve" implemented in this money management strategy to cut-losses in bad market conditions and also to "let profits run".

Below is my back-testing results for that same period Aug 19 to 28, the same period of your crude testing.
Note the use of Position Sizing in the basket of trades.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 tests Aug 19 to 28 29-08-2019 02-40-40.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,703
  • Edited 4:30pm Aug 28, 2019 4:05pm | Edited 4:30pm
Quoting emmanuel7788
{quote} hey Tekkies, You are confused again here. I did not introduce the smTMMS Oscillator. It is SwingMan who shared his work here in FF. Here is the link to SwingMan' thread title ... " LazyHashi TMMS - Trading Made More Simple". You need to read and study SwingMan' thread and important to learn how to use the HeikenAshi candles. https://www.forexfactory.com/showthread.php?t=928698 <> Just because you can bring an indicator up on your chart doesn't mean you know how to use it correctly....
Who is the bright spark that posted charts with Robins indicator on them Post 97,688 in this thread?
One chart has the smTMMS Oscillator with the sentence: trading made simple is evolving ... I LIKE!
You or SwingMan? Don't drag SwingMan into this one Emmanuel.
--------
It is clearly stated in Post 97,690
- Did not check for repainting
- when does a new gray/red/green histogram been plot
- nor are the rules applied to use the indicators.
The test is done on what the indicators are currently showing what happened in the past / hindsight trading. Augustus 2019
-----
The indicators have been compare against each other not the trader that use them.
Let me type it again Emmanuel:
The indicators have been compare against each other not the trader that use them.
Do you understand that sentence?
------------
Manuel back testing is done with the full knowledge of were the market has moved.
- Curve fitting is one of the first problems that comes to mind.
Noticeable is you don't show:
- Model, Parameter, Bar's in test, Ticks modeled, + Modeling quality, Mismatched chart errors
------
How about this Manuel back-testing. All the information is provided.
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  • #97,704
  • Aug 28, 2019 9:16pm Aug 28, 2019 9:16pm
Quoting RickM
{quote} We all know you want to show us your latest new Mercedes you brought from this year forex winnings so cut the rubbish and just show the car
Same one.
You will learn the most from your losing Trades
  • #97,705
  • Aug 28, 2019 11:51pm Aug 28, 2019 11:51pm
Quoting RickM
{quote} We all know you want to show us your latest new Mercedes you brought from this year forex winnings so cut the rubbish and just show the car
Zoom Zoom.
MT4 Demo Return This Week: na
  • #97,706
  • Aug 29, 2019 1:17am Aug 29, 2019 1:17am
Quoting emmanuel7788
AUDNZD Weekly chart swing trading. Aug 28. With profit locked now , let the market decide how far north it wants to go.... stress free. {image} other examples of Weekly chart trading by Big E: Weekly trade examples #700 https://www.forexfactory.com/showthr...00#post4582200 #1967 https://www.forexfactory.com/showthr...07#post4605507
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Aug 28 trades weekly update 28-08-2019 08-11-08.png Size: 58 KB


AUDNZD Weekly chart swing trading ... update Aug 29

now with 50% of profits locked-in and pushing TP higher... let the market decide how much more it wants to go higher.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Aug 29 Weekly trades update 29-08-2019 14-08-01.png Size: 53 KB


with tomorrow Friday closing the Month, it is good idea to close all soon.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,707
  • Aug 30, 2019 2:24am Aug 30, 2019 2:24am
Hi there,

Please someone guide me , where can i get tdi indicators you are using.
  • #97,708
  • Aug 30, 2019 3:49am Aug 30, 2019 3:49am
Quoting zackjack
Hi there, Please someone guide me , where can i get tdi indicators you are using.
Read some post's. You will find the answer.
  • #97,709
  • Aug 30, 2019 4:14am Aug 30, 2019 4:14am
Quoting zackjack
Hi there, Please someone guide me , where can i get tdi indicators you are using.

Hi zackjack

Here is the 'short-cut' ... otherwise you can also read Post#1 and up to Post#12,912.

Introduction to Trading Made System

To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E. He started as a newbie in 2008. Know the history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move on and develop your own trading system following how he did his. Many traders have moved on to trade their own systems.

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

The original indicators and template Post#25
When you are overwhelmed (information overload) by the number of posts and the loads of information and variations shared by other traders here, the best thing to do is to stop reading and go back to the basics what Big E mentioned in his 463 posts in this thread and 861 posts in the CHS thread. First you learn and master the 5-Method first before you start add your own tweaks and make a new system.

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 APB / HA candles and use that TDI Red Green version. These are in Post#25.

Important to 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.

Enjoy and Have fun during your learning journey..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,710
  • Aug 30, 2019 5:21am Aug 30, 2019 5:21am
Quoting emmanuel7788
{quote} {image} AUDNZD Weekly chart swing trading ... update Aug 29 now with 50% of profits locked-in and pushing TP higher... let the market decide how much more it wants to go higher. {image} with tomorrow Friday closing the Month, it is good idea to close all soon.
Cheers! Emmanuel,
My same Long bias on AUDNZD for 3 weeks when I saw the momentum candle closed above the EMA 5 shift 2.
In this Aug, I have been still developing my own system based on BigE methodology, and achieved some good results. But i still learn more, next month will be locking profit method testing.
Thank for your weekly trade example.
Stay on green pips.
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  • #97,711
  • Aug 30, 2019 8:06am Aug 30, 2019 8:06am
Quoting hikaru259
{quote} I have been still developing my own system based on BigE methodology, and achieved some good results.
#285..... if it was any simpler there wouldn't be a method... it's bare bones now. Simple rules, easy TDI entries and exits... fine tune it to your understanding... don't add anything... don't complicate it.
It is the only way to go forward. Take what BigE left behind and build your own method.
-------
How long have you been developing your method?
What is the key factor that you use to place an order?
  • #97,712
  • Aug 30, 2019 8:20am Aug 30, 2019 8:20am
Quoting Tekkies
{quote} #285..... if it was any simpler there wouldn't be a method... it's bare bones now. Simple rules, easy TDI entries and exits... fine tune it to your understanding... don't add anything... don't complicate it. It is the only way to go forward. Take what BigE left behind and build your own method. ------- How long have you been developing your method? What is the key factor that you use to place an order?
He said
Quote
I have been still developing my own system based on BigE methodology,
Therefore, there can be ONLY one answer: green cross red.
To free Gazans of Hamas, use whatever it takes.
  • #97,713
  • Aug 30, 2019 8:28am Aug 30, 2019 8:28am
Quoting DrDave
{quote} He said {quote} Therefore, there can be ONLY one answer: green cross red.
Looking for what lies behind the green cross red.
Something like this: Green cross Red > Post#647 > Place Order.

What is his post#647.
  • #97,714
  • Aug 30, 2019 9:09am Aug 30, 2019 9:09am
Quoting Tekkies
{quote} Looking for what lies behind the green cross red. Something like this: Green cross Red > Post#647 > Place Order. What is his post#647.
From Post #647
Quote
When wanting to enter a TDI trade...
If I am wanting to enter a TDI trade, I must be seeing green cross red, hence, I maintain my original answer to
Quote
What is the key factor that you use to place an order?
as green x red. "Looking around" that you think lies behind the green X red is not the key factor; that is ADDITIONAL information to evaluate after the key factor is in play. If there were no green X red, there would not be any "looking around".
To free Gazans of Hamas, use whatever it takes.
  • #97,715
  • Aug 30, 2019 9:28am Aug 30, 2019 9:28am
Quoting DrDave
{quote} From Post #647 {quote} If I am wanting to enter a TDI trade, I must be seeing green cross red, hence, I maintain my original answer to {quote} as green x red. "Looking around" that you think lies behind the green X red is not the key factor; that is ADDITIONAL information to evaluate after the key factor is in play. If there were no green X red, there would not be any "looking around".
Understand.
Will rephrase question:
After green cross red what are the other key factors you use before placing an order.
-----
Any person can enter a trade with a crossover between two trend lines > 5MA vs 10MA or Stoch %D_period vs %K_period
By just trading from cross over to cross over is not recommended or promoted.
---
What does Hikaru use or look at after green cross red has indicated a possible trade entry.
  • #97,716
  • Aug 30, 2019 11:25am Aug 30, 2019 11:25am
Quoting emmanuel7788
{quote} {image} AUDNZD Weekly chart swing trading ... update Aug 29 now with 50% of profits locked-in and pushing TP higher... let the market decide how much more it wants to go higher. {image} with tomorrow Friday closing the Month, it is good idea to close all soon.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Aug 29 Weekly trades update 29-08-2019 14-08-01.png Size: 53 KB


AUDNZD Weekly chart swing trading ...update Aug 30 London closing

very nice month end soon ... when we least expected ... green cross red

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Aug 30 trade weekly update 31-08-2019 00-15-17.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,717
  • Aug 30, 2019 11:37am Aug 30, 2019 11:37am
Quoting hikaru259
{quote} Cheers! Emmanuel, My same Long bias on AUDNZD for 3 weeks when I saw the momentum candle closed above the EMA 5 shift 2. In this Aug, I have been still developing my own system based on BigE methodology, and achieved some good results. But i still learn more, next month will be locking profit method testing. Thank for your weekly trade example. Stay on green pips. {image} {image}
Hi Hikaru

Well done!

You have developed your own winning money management MM system using the same 5-Method which Big E shared with us. You will continue and work on enhancing your entries and exits with MM variations Next, you will work on developing the mental strategies in the coming months.

With profit lock feature we do not have to close the basket in profit. We lock the basket/positions which are in profit while we continue and open new basket with new positions. Once a basket/positions are in locked profit, we can then trade like investors by 're-investing' with the money the market gave us. This is how we make our hard-earned money work harder for us.... as the locked basket/positions will continue to earn more money for us ..."Let Profits Run".

Edit:
LOL. while typing this post, my trades hit 1,000 pips mark.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Aug 30 weekly trade update2 31-08-2019 00-36-58.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,718
  • Aug 30, 2019 12:06pm Aug 30, 2019 12:06pm
Quoting Tekkies
{quote} Understand. Will rephrase question: After green cross red what are the other key factors you use before placing an order. ----- Any person can enter a trade with a crossover between two trend lines > 5MA vs 10MA or Stoch %D_period vs %K_period By just trading from cross over to cross over is not recommended or promoted. --- What does Hikaru use or look at after green cross red has indicated a possible trade entry.

hey Tekkies

first, learn only from Big E.. isn't this what you have been preaching in this thread since 2016?
did you forget your first post?
https://www.forexfactory.com/showthr...74#post8834074

did you not understand Big E' last post#12,912?
.. Do not think you can trade with us without reading the thread and taking notes. READ & STUDY.

Now your can start all over again at Post#1 and read to Post#12,912.... at some point you will have to go to Big E old thread for more knowledge and training chart examples , then you will learn how he traded with multiple entries.

and also you can read pips29 post in TMS for Newbies Part 2 thread...

ask him how he add to his EURCAD trade.

https://www.forexfactory.com/showthr...0#post12473260




Have fun Tekkies...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,719
  • Aug 30, 2019 12:52pm Aug 30, 2019 12:52pm
Quoting emmanuel7788
{quote} hey Tekkies first, learn only from Big E.. isn't this what you have been preaching in this thread since 2016? did you forget your first post? https://www.forexfactory.com/showthr...74#post8834074 did you not understand Big E' last post#12,912? .. Do not think you can trade with us without reading the thread and taking notes. READ & STUDY. Now your can start all over again at Post#1 and read to Post#12,912.... at some point you will have...

Emmanuel, Emmanuel you really are a mean little old man. One that can not think father or look past the point of his nose.

If and when Hikaru do feel like to elaborate on how he use BigE's post's, Hikaru could or might help one or two or many trader's to better them-self with the TDI cross-over.

In case you missed it: Post 97,694 : Rick, I would rather stick to what I know and understand.
In case you missed it : That will be to follow TDI: Post 97,098
------
You have the first pleasure to view the predictive evolved TDI.
(finalized the coding. Beta testing: Monday)
Enjoy the view.
Attached Image
  • #97,720
  • Aug 30, 2019 12:56pm Aug 30, 2019 12:56pm
Quoting Tekkies
{quote} Emmanuel, Emmanuel you really are a mean little old man. One that can not think father or look past the point of his nose. If and when Hikaru do feel like to elaborate on how he use BigE's post's, Hikaru could or might help one or two or many trader's to better them-self with the TDI cross-over. In case you missed it: Post 97,694 : Rick, I would rather stick to what I know and understand. In case you missed it : That will be to follow TDI:...

Oooh - predictive TDI? Sounds like fun - look forward to seeing the Beta testing - best of luck
"To live with Passion, it takes Courage and Grace to survive"
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