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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

  • #101,021
  • Mar 8, 2020 8:05am Mar 8, 2020 8:05am
Quoting emmanuel7788
a lot of online forums about the Traders Dynamic Index. if the TDI is king, there would be millions of retail spot forex traders out there. but if anyone wants to have the TDI Cloud, here is one website where you will find one version. note the date of its publication. https://www.forexstrategiesresources...ex-how-to-use/
No need to go to a website--just download it right here.
And compare with another TDI, both with the same settings that I use.
Attached Image
Attached File(s)
File Type: ex4 Traders_Dynamic_Index_Cloud.ex4   18 KB | 357 downloads
To free Gazans of Hamas, use whatever it takes.
  • #101,022
  • Mar 8, 2020 8:34am Mar 8, 2020 8:34am
Quoting DrDave
{quote} No need to go to a website--just download it right here. And compare with another TDI, both with the same settings that I use. {image} {file}
Dave, that is a new one. Since 7788 insist that I am a "newbie", I spare newbies the effort to ask the BIG QUESTIONS:
- Does it repaint?
- Is it profitable?
- How long have you been using it?
- Which time frame do you trade?
- Where must I put this Expert Adviser?
- I can not download it, can you do it for me please!!!
- Emmanuel, why have you not posted this indicator before Dave?
  • #101,023
  • Mar 8, 2020 9:03am Mar 8, 2020 9:03am
Hello,

I have been testing this method with strategy tester on MT4 on the 4H time frame.
So far it seems like I have to exit trades so many times with a loss because I exit when the green line goes flat.
Am I wrong for exiting the trades at that point?
  • #101,024
  • Mar 8, 2020 9:26am Mar 8, 2020 9:26am
Quoting emmanuel7788
{quote} LOL. Tekkies has found his holy grail ..."5EMAvline" we all saw this coming ... soon you will get invitation to sign up at his website for monthly subscription service . like this below: BE WARNED ! {image}
The only person on this thread that I can see is trying to promote their own agenda is you Emmanuel. Why else would someone as "successful" as you continue to post on a thread where there is no control over what is posted, tearing apart a succession of other people in their attempt to look brilliant with no proof that you can actually trade....and then having the nerve to imply others may have a hidden agenda. For your age (if that is indeed your age) and apparent success, its unbelievable!!
Success means going from failure to failure without loss of enthusiasm
  • #101,025
  • Mar 8, 2020 9:31am Mar 8, 2020 9:31am
Quoting lisat
{quote}The only person on this thread that I can see is trying to promote their own agenda is you Emmanuel. Why else would someone as "successful" as you continue to post on a thread where there is no control over what is posted, tearing apart a succession of other people in their attempt to look brilliant with no proof that you can actually trade....and then having the nerve to imply others may have a hidden agenda. For your age (if that is indeed your age) and apparent success, its unbelievable!!
Case 1: For some, ego can warp reality. Case 2: For others, warped psyche cannot distinguish between delusion and reality. And then the rare case that we see before our eyes, Case 3 = Case 1 AND Case 2 together.
To free Gazans of Hamas, use whatever it takes.
  • #101,026
  • Mar 8, 2020 9:37am Mar 8, 2020 9:37am
Quoting DrDave
{quote} No need to go to a website--just download it right here. And compare with another TDI, both with the same settings that I use. {image} {file}
Original mq4 Post 2,216
----
This TDI cloud has the same code as TDI Red Green. Therefor it must be used in the same way as post#25 TDI Red Green.
- Removed unneeded code
- Trimmed DRAW_HISTOGRAM to allow trader to view angle of TDI Green
- To change size of bar/ trend line"
-- adjust the 2 and 3 of the #property indicator_width
Attached Image (click to enlarge)
Click to Enlarge Name: adjust.PNG Size: 17 KB

Attached File(s)
File Type: mq4 Traders_Dynamic_Index_Cloud.mq4   2 KB | 414 downloads
  • #101,027
  • Mar 8, 2020 9:45am Mar 8, 2020 9:45am
Quoting Tekkies
{quote} Original mq4 Post 2,216 ---- This TDI cloud has the same code as TDI Red Green. Therefor it must be used in the same way as post#25 TDI Red Green. - Removed unneeded code - Trimmed DRAW_HISTOGRAM to allow trader to view angle of TDI Green - To change size of bar/ trend line" -- adjust the 2 and 3 of the #property indicator_width {image} {file}
I think that the buffer values could be tweaked for drawing so that the histogram bars only extend to the the other line instead of being infinite. The it would look like the MT5 "cloud" version.
To free Gazans of Hamas, use whatever it takes.
  • #101,028
  • Mar 8, 2020 2:57pm Mar 8, 2020 2:57pm
Quoting Tekkies
{quote} Dave, that is a new one. Since 7788 insist that I am a "newbie", I spare newbies the effort to ask the BIG QUESTIONS: - Does it repaint? - Is it profitable? - How long have you been using it? - Which time frame do you trade? - Where must I put this Expert Adviser? - I can not download it, can you do it for me please!!! - Emmanuel, why have you not posted this indicator before Dave?
@Tekkies

another one of your #463#limitation

Big E answered all these question before:
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.

I have been burned once in a while however, most of the time it was my fault for reading the market incorrectly.

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

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. If your mentally burned out, take a week off.

Take your time to learn how to trade. Newbies want to trade live right off the bat... and I thank you for all those pips you paid for... that I get to keep. Take the time to enjoy the learning experience. There is no hurry... only in your mind.

I profit every day by using Stochastics. I hope you will too. It's just part of the puzzle.

Big E



Quoting Tekkies
{quote} ///Emmanuel, why have you not posted this indicator before Dave?
@Tekkies

Your mistake again.

Yes, I did.

And other members also posted long ago before your joined FF. Another of your #463#limitation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,029
  • Mar 8, 2020 3:04pm Mar 8, 2020 3:04pm
Quoting Tekkies
{quote} Getting tired to correct your mistakes emmanuel. {image}
@Tekkies

people are all tired of losing money because of your mistake in Post#73,461

and tired of waiting for your to correct that mistake.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post #73461 TDI non-painting.png Size: 142 KB


Fact: that TDI Red Green in Post#25 repaints when the charts refreshed.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,030
  • Mar 8, 2020 3:42pm Mar 8, 2020 3:42pm
Quoting lisat
{quote}The only person on this thread that I can see is trying to promote their own agenda is you Emmanuel. Why else would someone as "successful" as you continue to post on a thread where there is no control over what is posted, tearing apart a succession of other people in their attempt to look brilliant with no proof that you can actually trade....and then having the nerve to imply others may have a hidden agenda. For your age (if that is indeed your age) and apparent success, its unbelievable!!

@lisat

you are being suspicious and do not have any basis for that.
Keep an open mind when you want to learn. Do not let others influence you and the way you trade.

If I had an agenda, then this below is it. I want people to follow the trading journey of Big E here is Forex Factory and learn to trade and to trade his 5-Method and master the 5-Method. Then move on to develop their own winning trading systems using the 5-Method as their core trading methodology. If you were here in 2012 and 2014 you would have learned how 21 traders actually were provided with the same resources I have and they went on to develop their own trading systems. This is also what Big E said "Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice...."

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 you can then move on and develop your own trading system following how he did his.

try this,

Here is a quick introduction to this Trading Made Simple thread:
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
If 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 create your own 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.

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 learn to trade journey.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,031
  • Mar 8, 2020 3:48pm Mar 8, 2020 3:48pm
Quoting Egosu
Hello, I have been testing this method with strategy tester on MT4 on the 4H time frame. So far it seems like I have to exit trades so many times with a loss because I exit when the green line goes flat. Am I wrong for exiting the trades at that point?
hi Egosu

Trading Made Simple 5-Method will fail in sideways narrow range market type conditions.

Study your H4 charts,

how many H4 bars/candles in one week? 29 or 30.

observe the Weekly price action, if it is trending with high higher higher low with Higher Close or lower high lower low with Lower Close

study the Weekly volatility of the recent weeks (5 weeks) and compare that to the last 52 weeks.

if the Weekly PA does not move above its 5EMA (for buy) or below its 5EMA (for sell) , simply do not trade.

there is really a lot to know about the market and not all were posted by the OP.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,032
  • Mar 8, 2020 4:07pm Mar 8, 2020 4:07pm
Quoting emmanuel7788
well the first 2 trading days of the new year has just closed and we witnessed the non-calendar event of the week. are you prepared with a new trade plan to trade in the Perfect Storm 2020 next week will be the first full week of the year with complete 5 trading days ... liquidity will return as the markets resume after the festive holidays. the question is not whether Trading Made Simple will survive in 2020, but the hard truth really is how well will your own trading made simple system survive the Perfect Storm 2020. {image}

I did not predict this in January, but it is happening

be careful folks ... we are sailing into a Perfect Storm 2020.

SYDNEY: Asian share markets were set for a beating on Monday as investors fled to bonds to hedge the economic shock of the coronavirus, and oil plunged more than 20per cent after Saudi Arabia slashed its official selling price.
The world's top oil exporter plans to raise its production significantly after the collapse of OPEC's supply cut agreement with Russia, a grab for market share reminiscent of a drive in 2014 that caused prices to slump around two thirds.

Brent crude futures sank US$11.27 to US$34.00 a barrel in chaotic trade, while U.S. crude shed US$9.22 to US$32.06 a barrel.
The safe-haven yen also surged against emerging market currencies with exposure to oil, including the Russian rouble and Mexican peso.
Nikkei futures were down 4.5per cent and trading 1,200 points below the cash close on Friday, while E-Mini futures for the S&P 500 lost 3.7per cent.
Futures for the U.S. 10-year Treasury note jumped 28 ticks in early trade, pointing to fresh record lows for yields.
[COLOR=rgba(0, 0, 0, 0.5)]Advertisement[/color]
The number of people infected with coronavirus topped 107,000 across the world as the outbreak reached more countries and caused more economic damage.
Italy's markets could come under intense pressure after the government ordered a lockdown of large parts of the north of the country, including the financial capital Milan.
"After a week when the stockpiling of bonds, credit protection and toilet paper became a thing, let's hope we start to see some more clarity on the reaction," said Martin Whetton, head of bond & rates strategy at CBA.
"Dollar Bloc central banks cut policy rates by 125bps, not as a way to stop a viral pandemic, but to stem a fear pandemic," he added, while noting many had little scope to ease further.
Markets are fully priced for another half-point rate cut from the Federal Reserve at its scheduled policy meeting on March 18, following last week's emergency easing, and a move toward zero in coming months.
"The onus is falling, perhaps inevitably on the actions of governments to abandon budget surpluses and reinvigorate the demand side of the economy," said Whetton.
BOND BUBBLE
Urgent action was clearly needed with data suggesting the global economy slid into recession this quarter. Figures out from China over the weekend showed exports fell 17.2per cent in January-February, from a year earlier.
Analysts at BofA Global Research estimated the latest sell-off had seen US$9 trillion in global equity value vaporized in nine days, while the average 10-year yield in the developed world hit 16 basis points, the lowest in 120 years.
"The clearest outcome of the exogenous COVID-19 shock is a collapse in bond yields, which once panic fades can induce huge rotation to "growth stocks" and "bond proxies" in equities," they wrote in a client note.
Yields on 10-year U.S. Treasuries plunged to a once-unthinkable 0.71per cent, having halved in just eight sessions. Yields on the 30-year long bond dived 35 basis points on Friday, the largest daily drop since the 1987 crash.
The tumble in yields and Fed rate expectations has pulled the rug out from under the dollar, sending it crashing to the largest weekly loss in four years.
The dollar extended the slide in early Asia to reach 104.14 yen, depths not seen since late 2016, while the euro shot to the highest in over eight months at US$1.1345.
Gold firmed to US$1,673.85 per ounce, just off a seven-year peak hit on Friday

source: Reuters
Attached Image (click to enlarge)
Click to Enlarge Name: sailing into the perfect storm2.png Size: 293 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,033
  • Mar 8, 2020 7:38pm Mar 8, 2020 7:38pm
Quoting deltaone
{quote} hi davit darling, i kept buying the falling knife and banked a million today. and you? posted some scatology today, hiding your dd - and banked NOTHING. you are what you have been and will be forever: a vulgar hindsight-hero.
800 contracts over 2k point above.Your account is bust
Not over yet its keep dropping. How is the butt fked party going
Its just Karma you deserve it arrogant ass wipe!
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 25 KB
In trading, you have to be defensive and aggressive at the same time
  • #101,034
  • Mar 8, 2020 10:02pm Mar 8, 2020 10:02pm
Quoting Egosu
Hello, I have been testing this method with strategy tester on MT4 on the 4H time frame. So far it seems like I have to exit trades so many times with a loss because I exit when the green line goes flat. Am I wrong for exiting the trades at that point?
How can we advice you without a chart that show the trade's taken? We are not mind-reader's

Back testing does not work.
TDI cross over between tester chart and real time chart.
Attached Image (click to enlarge)
Click to Enlarge Name: baccktedt.PNG Size: 91 KB
  • #101,035
  • Mar 8, 2020 10:13pm Mar 8, 2020 10:13pm
Just a thought of my own,
I am follow as I can this thread but why you guys here don't work together instead of "fighting" most part of time ?

Who cares about right or wrong or cursing each other etc...

I just think the way you guys trade here in this thread would be muchhhh more productive if the traders work together to all aspects.

I do not taking sides or even saying that one or other is right, but in my life I learned in very hard and exercised ways that if you can not help is much better stay quiet.

If some one is "selling" S*** I understand that, but as death is certain in life as all you plant you have no choice to also harvest...

Just my personal and humble opinion but no intend to offending none mate here.

Cheers and good week to all friends.
  • #101,036
  • Mar 8, 2020 10:41pm Mar 8, 2020 10:41pm
Quoting emmanuel7788
{quote} @Tekkies people are all tired of losing money because of your mistake in Post#73,461 and tired of waiting for your to correct that mistake. {image} Fact: that TDI Red Green in Post#25 repaints when the charts refreshed.
On a non refreshed chart it does not repaint cross-over

---- BigE only used one TDI (post#25) and did not refreshed the chart's
#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

Wake up Son-shine, when a chart is refreshed historical data is reloaded form Broker. In some cases some bar's H/H, L/L, H/L, L/H are adjusted.
Attached Image

https://www.metatrader4.com/en/trading-platform/help/chart_management/charts_control
Attached Image (click to enlarge)
Click to Enlarge Name: rehresfd.PNG Size: 12 KB
  • #101,037
  • Mar 8, 2020 10:54pm Mar 8, 2020 10:54pm
Quoting emmanuel7788
{quote} @lisat you are being suspicious and do not have any basis for that. Keep an open mind when you want to learn. Do not let others influence you and the way you trade. If I had an agenda, then this below is it. I want people to follow the trading journey of Big E here is Forex Factory and learn to trade and to trade his 5-Method and master the 5-Method. Then move on to develop their own winning trading systems using the 5-Method as their core trading methodology.
If that is indeed your agenda, then the best way to do that is to follow the TMS system on this thread, as laid out by Eelfranz. Then you would open another thread about how to develop your own system after TMS.

Instead, you are (according to your own posts) getting an alert from the TMS monitor, but at the same time, posting that the TDI is obsolete?? and that it is useless. Make up your mind Emmanuel, this is Eelfranz's thread and you should treat the indicators he used with respect or get off of the thread. But most of all, stop changing the way you apparently trade, just about every week and then filling the thread with basically the same posts over and over again.

You would be very useful if you posted about the system itself, at the same time, pointing out why people shouldn't take a particular cross instead of filling up the thread with comparisons between different TDI's. Telling some traders that you gave up on the TDI long ago, while at the same time posting that you use the TMS monitor......confused yet?
Success means going from failure to failure without loss of enthusiasm
  • #101,038
  • Mar 8, 2020 11:29pm Mar 8, 2020 11:29pm
Quoting emmanuel7788
{quote} @Tekkies another one of your #463#limitation Big E answered all these question before: 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. I have been burned once in a while however, most of the time it was my fault for reading the market incorrectly. Just because you can bring an indicator up on your chart doesn't mean you know how to use it correctly. Learning to trade is a lifetime...
Big E answered all these question before
Yea right. Somehow Iddd and many other members like him missed BigE answers.
Yes, I did
Proof it with post number in this thread.
  • #101,039
  • Mar 8, 2020 11:39pm Mar 8, 2020 11:39pm
Quoting emmanuel7788
{quote} @lisat you are being suspicious and do not have any basis for that. Keep an open mind when you want to learn. Do not let others influence you and the way you trade. If I had an agenda, then this below is it. I want people to follow the trading journey of Big E here is Forex Factory and learn to trade and to trade his 5-Method and master the 5-Method. Then move on to develop their own winning trading systems using the 5-Method as their core trading methodology. If you were here in 2012 and 2014 you would have learned how 21 traders actually...
Posting "Bullshit baffle brain's" again Emmanuel?

Will point to the first lie in that post.
- Then move on to develop their own winning trading systems using the 5-Method as their core trading methodology.
vs
- you posting your M15H1 VLine bullshit rubbish in this thread when you are not trading TMS as it is laid out as In Post#1 , Post#261 and Post#647?

Rumblings of insanity.
  • #101,040
  • Mar 8, 2020 11:49pm Mar 8, 2020 11:49pm
Quoting Davit
{quote} 800 contracts over 2k point above.Your account is bust Not over yet its keep dropping. How is the butt fked party going Its just Karma you deserve it arrogant ass wipe! {image}
Attached Image

Davit be nice, Delta has a soft spot for you.
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