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Trading Made Simple

  • #99,241
  • Nov 28, 2019 4:51am Nov 28, 2019 4:51am
Quoting emmanuel7788
{quote} money management strategy is important much more important than the method using oscillators like the Stoch and TDI. therefore my conclusion after 7 years trading TMS 5-Method is still this below: 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 to Cut-Losses short and How to Let Profits Run. You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
thx for the reminder emm.. i emphasize too much whether stoch 8,3,3 hour hand is at 1 or 2 o'clock.. if if it is at 2 o'clock, then i would hesitate to enter the trade, whereas there are other things that are important to consider too..
  • #99,242
  • Nov 28, 2019 4:54am Nov 28, 2019 4:54am
Quoting Tekkies
{quote} Two cents The difference is in a few lines of MQL4 programing TDI Red Green.mq4 (non repainting) for (i=limit-1;i>=0;i--) The -1 sets the counter to bar 1. Bar 1 is closed and red /green will not change TDI RealTime.mq4 (repainting) for(int i=limit; i>=0; i--) The -1 removed sets counter to bar 0. Bar O is open and is rising and falling with price action there for red /green will move up and down Both above mentioned indicators use the same iRSI and iMAOnArray values iRSI(NULL,0,RSI_Period,RSI_Price,i); iMAOnArray(RSI,0,RSISignal_Period,0,RSISignal_Mode,i);...

hey Tekkies


this post your post#73,461 about the TDI re-painting is wrong (highlighted in red below) and that website is correct. You still need to post a correction and update.


TDI Red Green.mq4 (non repainting)
for (i=limit-1;i>=0;i--) The -1 sets the counter to bar 1.
Bar 1 is closed and red /green will not change

TDI RealTime.mq4 (repainting)
for(int i=limit; i>=0; i--) The -1 removed sets counter to bar 0.
Bar O is open and is rising and falling with price action there for red /green will move up and down

this website linked below provides the correct information about the TDI versions.
Quoting Tekkies
Some advice for TDI indicators https://forex-station.com/viewtopic....38#p1295362638

Some advice for TDI indicators
https://forex-station.com/viewtopic....38#p1295362638

be honest when you make a mistake.
post a correction if you have any integrity left in you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,243
  • Nov 28, 2019 4:59am Nov 28, 2019 4:59am
Quoting moRTaL
{quote} thx for the reminder emm.. i emphasize too much whether stoch 8,3,3 hour hand is at 1 or 2 o'clock.. if if it is at 2 o'clock, then i would hesitate to enter the trade, whereas there are other things that are important to consider too..

about the clock angle 12-2 and 4-6 ,

it was Craig Harris who used that on his Stoch(8,3,3)

Big E copied that but he used that 12-2 and 4-6 on the TDI Post#25.

when both the Stoch(8,3,3) and TDI #25 green line which basically is the EMA(2) of the RSI(13) data, show steep angle ... that is usually a very strong momentum seen in the price action for an entry. Most often it is a swing high/swing low with a 'unique' reversal candle type.

someone made a mistake using google search on clock angle... stay tune for more fun.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,244
  • Nov 28, 2019 5:38am Nov 28, 2019 5:38am
Quoting moRTaL
{quote} thx for the reminder emm.. i emphasize too much whether stoch 8,3,3 hour hand is at 1 or 2 o'clock.. if if it is at 2 o'clock, then i would hesitate to enter the trade, whereas there are other things that are important to consider too..
Why do you disregard BigE's advice in this thread?
Did you read any of posted by BigE where he used the angle of stoch to be at 1 / 2 or 4 / 5 before placing a trade?
If so, please refer to that post in this thread.
Did you even read Post#1? I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else

Go to post#647. Understand the point's BigE mentioned in that post. Add support / resistant to that post.
You will notice that the "hesitation" you have will not be there when it is time to enter a trade.
  • #99,245
  • Nov 28, 2019 6:10am Nov 28, 2019 6:10am
Quoting Tekkies
{quote} Why do you disregard BigE's advice in this thread? Did you read any of posted by BigE where he used the angle of stoch to be at 1 / 2 or 4 / 5 before placing a trade? If so, please refer to that post in this thread. Did you even read Post#1? I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else Go to post#647. Understand the point's BigE mentioned in that post. Add support / resistant to that post. You will notice that the "hesitation" you have will not be there when it is time to enter a trade.

Tekkies

You have reached your limitation when you only read the OP's 463 posts in this thread.

There is lot more to learn from his 463 posts in this thread which also show 304 charts with lots of details to take note and learn from.

Here is an important post#336
Quoting eelfranz
Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...
In the old thread title Craig Harris Stochastics Method, do not be misled by the thread title. That thread started as GBPUSD M15 but it was changed by FF admin becasue Big E was quoting from Craig Harris Natural Flow Forex seminars and videos. In that old thread he shared several methods - the 21/233 Method and the 5-Method , which was moved to this Trading Systems forum.

Do you really understand Big E posts in the same way he had in his mind?
Stochastics only for direction, cut this bullshit nonsense it is not so simple just for direction. Got to Post#336 and follow the OP in his old thread and learn everything he posted and you will learn why the Stochastic is use for direction.
The 5EMA also use for direction... Post#261. How many indicators do we need for direction?

You quote Post#647 very often but we have not seen you show on charts what is support and resistance on charts. I know you will say go to babypips.com etc. bla bla bla as usual. You are an empty vessel using your usual pretext.

There are another 861 posts in his old thread.

And there is this Post#296 from Nov 2008.
https://www.forexfactory.com/showthr...66#post2325866
Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice. When your confident... go live.

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

Have Fun Tekkies while you are learning to trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,246
  • Nov 28, 2019 6:28am Nov 28, 2019 6:28am
Quoting Tekkies
{quote} Why do you disregard BigE's advice in this thread? Did you read any of posted by BigE where he used the angle of stoch to be at 1 / 2 or 4 / 5 before placing a trade? If so, please refer to that post in this thread. Did you even read Post#1? I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else Go to post#647. Understand the point's BigE mentioned in that post. Add support / resistant to that post. You will notice that the "hesitation" you have will not be there when it is time to enter a trade.

Tekkies

here is one post where Big E mentioned the clock 12-2 using the Stochastics.

He learned it from Craig Harris tutorial videos.

PipTalk, If you watched the video on Oscillators you understand how he uses Stochastics for entries. Imagine the face of a clock on your chart indicator for Stochastics. If you have a line crossing up at a 12-2 PM angle its safe to enter normally. ***But: don't enter too late after it crosses and points up or down. (nothing is 100% all the time in forex). If the line all of a sudden points to the right at the 3 oclock angle, don't enter. Rules the same but opposite for the lines when going down (4-6 PM). Thanks... E

When the Stoch(8,3,3) and the EMA(2) of the RSI(13) data both show the same 12-2 and 4-6 angles , these are usually the best trade setups where the price action shows strong price momentum to jump into the market.

Here are the links to those videos and a pdf.

the swing high / swing low as explained in these videos which were posted in Big E'old thread.

Swing High Low

How To spot a true Reversal Candle webinar
Attached File(s)
File Type: pdf How to Spot a True Reversal - Checklist (Craig Harris) (6).pdf   34 KB | 1,395 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,247
  • Nov 28, 2019 6:34am Nov 28, 2019 6:34am
Here is a bonus for all to learn another method which Big E traded.

Does not harm to learn more and know more...


More important is you want to learn and have fun while learning.
Attached File(s)
File Type: pdf Craigs Basic Trading Manual (4).pdf   503 KB | 1,106 downloads
File Type: pdf CH Natural Flow & Big E's Method (4).pdf   265 KB | 1,161 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,248
  • Nov 28, 2019 6:35am Nov 28, 2019 6:35am
Why do I even bother?

Attached Image

Any MQ4 programer will state that it is correct. The -1 will the reduce limit by one. The i counter will then only operate on all closed bar's. Only when the timeframe start a new bar the i counter will update the red and green lines.
Some more info: Post 41 follow the links

Now of course Xaphod and zznbrm are wrong.
They have to be, because Tekkies can not be right with that piece of code.
----
Do you understand what BigE has posted in this thread?
#1388- I don't refresh my TDI... just trade it like I see it...
#1827 - I don't refresh my charts while trading... creates more confusion I think...
#7622 - Do I refresh my TDI – NO
  • #99,249
  • Nov 28, 2019 6:43am Nov 28, 2019 6:43am
Quoting Tekkies
Why do I even bother? {image} Any MQ4 programer will state that it is correct. The -1 will the reduce limit by one. The i counter will then only operate on all closed bar's. Only when the timeframe start a new bar the i counter will update the red and green lines. Some more info: Post 41 follow the links Now of course Xaphod and zznbrm are wrong. They have to be, because Tekkies can not be right with that piece of code. ---- Do you understand...
hey Tekkies


this post your post#73,461 about the TDI re-painting is wrong (highlighted in red below) and that website is correct. You still need to post a correction and update.


TDI Red Green.mq4 (non repainting)
for (i=limit-1;i>=0;i--) The -1 sets the counter to bar 1.
Bar 1 is closed and red /green will not change

TDI RealTime.mq4 (repainting)
for(int i=limit; i>=0; i--) The -1 removed sets counter to bar 0.
Bar O is open and is rising and falling with price action there for red /green will move up and down

this website linked below provides the correct information about the TDI versions.
Quoting Tekkies
Some advice for TDI indicators https://forex-station.com/viewtopic....38#p1295362638

Some advice for TDI indicators
https://forex-station.com/viewtopic....38#p1295362638

be honest when you make a mistake.
post a correction if you have any integrity left in you.

when you made a mistake... just admit it that you made a mistake ... post a correction and move on....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,250
  • Nov 28, 2019 7:02am Nov 28, 2019 7:02am
Got nothing to do and read some more post further down the line.

Reading this post, I can understand why Emmanuel is posting what he is posting. Take note of the highlights
Post 13,479
I saw this somewhere,so just thought it is relevant here too.
Here goes:

I have noticed over the years as one who trades for a living that when someone like Eelfranz comes up with a working system it often gets tainted. The primary reason for this is newbies who don't understand that no system is profitable 100% of the time and when they lose on a trade they immediately think that it is the system's fault and that it needs to be tweaked a bit because in a particular set of circumstances it did not work. Of course since no system is 100% these "improvements" need to be improved upon and the stupidity perpetuates itself to where the original system that worked 80% of the time has been updated to an unrecognizable thing that doesn't work at all. All indicators are lagging and the addition of more accomplishes nothing except to reinforce your preconceived notions of where the market should be heading. Currency trading, especially in these crazy times does not rely on history but the followers of this thread would do well to check out history and return to the original system Eric established and accept the losses that come with any system, study money management, and quit trying to reinvent the wheel. End of sermon.

Courtesy: BILL
-----
For many years Emmanuel has been trying to get readers to trade his way.
That is why you will read many times "TDI is not in the winning edge equation".

If you don't it is the highway for you with floating man, insults, degrading post's and countless attack after attack on each and every post you make.
  • #99,251
  • Nov 28, 2019 7:12am Nov 28, 2019 7:12am
Quoting emmanuel7788
{quote} EURUSD Nov 27 H1 POMO here is a POMO example how to trade lower timeframe H1 when the H4 is in CONSOLIDATION price action is leading edge over any indicator based trading signal. Note. I look at the Stoch (8,3,3) and the RSI(13) which is the default RSI period of the TDI . You can also use RSI(3) to confirm the short term momentum of the reversal candle which is signal by the Stoch(8,3,3). This is shown in one of Big E's training chart. {image}
this CJ is similar..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 66 KB
  • #99,252
  • Nov 28, 2019 2:46pm Nov 28, 2019 2:46pm
Quoting Tekkies
Got nothing to do and read some more post further down the line. Reading this post, I can understand why Emmanuel is posting what he is posting. Take note of the highlights Post 13,479 I saw this somewhere,so just thought it is relevant here too. Here goes: I have noticed over the years as one who trades for a living that when someone like Eelfranz comes up with a working system it often gets tainted. The primary reason for this is newbies who don't understand that no...


Very good Tekkies that you are reading this thread from the beginning and reached Post#13,479.

Here is a screenshot of that post which you cut-and-paste here with RED letters to emphasize your selective reading skills.

Trading Made Simple is not a system. Many people still do not get this.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS post#13,479.png Size: 61 KB


Did you really read all the posts from Post#1 to Post#12,912?


Post#12,912 highlight below.
"So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY."

Read and study is what I am doing in this thread since March 2011 ....

I keep repeating telling people to read the OP posts in Forex Factory and to follow his trading journey from the time he started a newbie trader in 2008. You need to learn EVERYTHING the OP learned in his 6,000 hours learning to trade retail spot forex. There is no short-cut to the 6,000 hours of hardwork and sacrifices.

I do not force anyone to follow my trading style or my way. Nobody will ever be able to trade like me because
1) no two traders are the same
2) traders they do not know my mental strategy how I trade the markets.

... more to come.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,253
  • Nov 28, 2019 2:59pm Nov 28, 2019 2:59pm
Quoting Tekkies
Got nothing to do and read some more post further down the line.... ----- For many years Emmanuel has been trying to get readers to trade his way. That is why you will read many times "TDI is not in the winning edge equation". If you don't it is the highway for you with floating man, insults, degrading post's and countless attack after attack on each and every post you make.
<>
-----
For many years Emmanuel has been trying to get readers to trade his way.
That is why you will read many times "TDI is not in the winning edge equation".

If you don't it is the highway for you with floating man, insults, degrading post's and countless attack after attack on each and every post you make.
<>

Tekkies

which TDI is the holy grail?
there are so many versions posted all over the place.

Like these two versions shown below, which one will be the winning edge?

TDI Red Green (Realtime) version updates on every price tick so you see the lines moves up and down every price tick.

TDI Red Green (Post#25) this is original 2006 version from Dean Malone CompasssFX . This version updates only when the price bar closed. THis version re-paints it history bars when chart get refreshed.

Attached Image (click to enlarge)
Click to Enlarge Name: TDI versions notes 29-11-2019 06-12-50.png Size: 65 KB


TDI alone will not give anyone his/her WINNING EDGE in trading this retail spot forex market.
You need more than technical indicators to win in this brutal markets.
I will not mislead people with such 'keep it simple' belief that the TDI is winning edge. It is a blantant lie.
It is like human levitation shown below, it is all about trickery performance we see in city centers pedestrian malls to take your hardearned money from you.

Attached Image (click to enlarge)
Click to Enlarge Name: levitation trickery.png Size: 446 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,254
  • Nov 28, 2019 3:04pm Nov 28, 2019 3:04pm
Quoting moRTaL
{quote} this CJ is similar.. {image}



you caught the reversal candle setup off recent support.

very good trade taken well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,255
  • Nov 28, 2019 4:14pm Nov 28, 2019 4:14pm
Quoting emmanuel7788
{quote} {image} DE30 Nov 28 Tokyo Open I like what I see... Daily still bull. {image}

DE30 Nov 29 Tokyo Open

it is Friday and Month End

13220 was broke on Monday and has been tested several times and still find buyers.

note the New York Sunday open weekend gap still not closed. Visually seen price GAPs do not always get filled but 80% of the time they do get filled. There are also Hidden Gaps in lower timeframes which get filled more often.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Nov 29 Tokyo Open 29-11-2019 08-06-23.png Size: 93 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,256
  • Nov 28, 2019 4:32pm Nov 28, 2019 4:32pm
Hi Folks

I get a few PMs from members and when they read my post on DE30 they tell me they also want to trade this.

Please do not think it is so easy to trade any markets. It took me many years ... 30 years of learning and trying all sorts of trading systems and styles. First 10 years was paying the market tuition money to learn the hard way like all people wanting to make money trading the markets. I have not seen anyone made it to become consistent profitable in less 3 years and nor even less than 5 years. I would be lying if I tell you so. Anyone who make such claims in this thread is lying.

Learn how to trade Exchange Traded Futures provided by any broker who offer this.
I use AMP Global and they have some basic education to get started. You will need much more than these basics.

https://www.ampglobal.com/education/futures_basics.html

Enjoy and Have Fun while you learn.
There are some good opportunities to make some money. Remember it is not a get rich quick scheme when it comes to trading the markets.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,257
  • Edited 11:57pm Nov 28, 2019 7:50pm | Edited 11:57pm
Quoting emmanuel7788
{quote} Very good Tekkies that you are reading this thread from the beginning and reached Post#13,479. Here is a screenshot of that post which you cut-and-paste here with RED letters to emphasize your selective reading skills. Trading Made Simple is not a system. Many people still do not get this. {image} Did you really read all the posts from Post#1 to Post#12,912? Post#12,912 highlight below. "So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY." Read and study is...
Read and study is what I am doing in this thread since March 2011 ....

Can not be true. It is either a lie or you don't understand the meaning of words and sentence like:
#1 The key to this method is the Traders Dynamic Index indicator for entries and exits. I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else.
#6
Entries and exits...
We Enter a trade when green crosses red on the TDI at the beginning of that candle...
If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce...
Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.

Have underline two sentence.
What you post about stoch is not the same as what BigE posted. Mortal (Post 99,242) problem is directly attributed to what you post about stoch.

After 9 years you still have not gasp the meaning of:
- TDI at the beginning of that candle...
- A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side).
-If everything else looks strong, I don't wait for the candle to close... I enter ASAP.
That is why you repeatedly post this:
Attached Image (click to enlarge)
Click to Enlarge Name: is dit so.PNG Size: 77 KB


Not going to waste more time. Am going to get a reminder from myself to me: Tekkies you promised to ignore............
  • #99,258
  • Nov 28, 2019 8:00pm Nov 28, 2019 8:00pm
There is a huge benefit to the ongoing 'discussion', this is better than any course on the system as far as learning goes!
  • #99,259
  • Edited Nov 29, 2019 10:58pm Nov 28, 2019 11:49pm | Edited Nov 29, 2019 10:58pm
Blaiser that is wrong.
I can and have been wrong about what BigE really meant to say in some of his posts.
For example: How did BigE counted the bar's?
For me the active open bar is bar null.
Was the active bar for BigE also null or one?
If BigE used Null to start to count the bars then any trader will not be successful with this method. (All entry's will be a bar late.)
If BigE used One to start to count bars then any trader can become successful with this method.
Read Post 97,082
#49
HA candles average a 3-8 candle run in most cases when it reverses...
That's why I want to enter on candle 1 or 2 if I see a set up.
A single candle on the 4hr nets you 30-60 pips or more generally.
If it goes 3-4 candles you've already made 80-150 pips.
#54
A set up is NOT GREEN TOUCHING RED. Why? Many times green bounces back and the original direction continues.
That's a bounce trade.
Wait for green to CROSS RED and open your trade at the beginning of the new candle... usually candle 1 or 2.
Catch the moment

Did he really meant to say "moment" or a typo for "momentum"
There is a fast difference between the two words.
#647.....How does the momentum look right now (12-2, 4-6)
(Edit: Apologizes Blaiser / readers. BigE did write momentum. Please read Post 54)
-----
Left: from webpage / Right: BigE counting bars
https://www.mql5.com/en/forum/126382
Attached Image (click to enlarge)
Click to Enlarge Name: count.PNG Size: 14 KB

My advice would be to learn directly from what BigE has posted in this thread. Second hand option (myne include) has little value.
  • #99,260
  • Nov 29, 2019 1:11am Nov 29, 2019 1:11am
Quoting Tekkies
Blaiser that is wrong. I can and have been wrong about what BigE really meant to say in some of his posts. For example: How did BigE counted the bar's? For me the active open bar is bar null. Was the active bar for BigE also null or one? If BigE used Null to start to count the bars then any trader will not be successful with this method. (All entry's will be a bar late.) If BigE used One to start to count bars then any trader can become successful with this method. Read Post...

relax Tekkies...

Take a break and watch a movie... it is Black Friday.

The Gods Must be Crazy ... funny movie about the earth is flat and a coke bottle

Enjoy!

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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