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Trading Made Simple

  • #102,001
  • Mar 26, 2020 7:31am Mar 26, 2020 7:31am
Quoting jrushing
{quote} I disagree, you have to look at several aspects of the pair, and timeframe, if you look at the last 2 turns of the stoch, when the TDI is in line and price moves below the 5 it makes a great tool to let you know a opportunity may be coming {image}
You are making a considerable expansion of the original question, and adding several items of technical analysis for assessing if a "good opportunity may be coming". This was not the question.
To free Gazans of Hamas, use whatever it takes.
  • #102,002
  • Mar 26, 2020 7:35am Mar 26, 2020 7:35am
Let me make it clear, no system is perfect and never will be, the markets are controlled by big money, and emotions. However patterns do exist and happen over and over. Myself I use TDI and Ema5 and that's it, Do I lose sure, but my winners out way my losers 10 to 1. I use to trade the 5 and 15 min, but when I was slapped by Big E and shown another way, I trade the daily, 4 hr. and 1 hr. and have never been happier. I trade for a few weeks and then take off for a few weeks. I know I can always make more by trading this method. too easy
  • #102,003
  • Mar 26, 2020 7:38am Mar 26, 2020 7:38am
Quoting chandana47
{quote} But doc I have noticed stochastic is following the TDI both synced together isn't it?
Stoch in this method is only to confirm direction.
Follow BigE's advice.
  • #102,004
  • Mar 26, 2020 7:42am Mar 26, 2020 7:42am
Alright I got so many good advises really appreciate guys! Dear GOD flood them with pips !!
Swimming with sharks!
  • #102,005
  • Mar 26, 2020 7:43am Mar 26, 2020 7:43am
Quoting Tekkies
{quote} Stoch in this method is only to confirm direction. Follow BigE's advice.
Thank you gotcha !
Swimming with sharks!
  • #102,006
  • Mar 26, 2020 7:45am Mar 26, 2020 7:45am
Today only I got to know that author of the thread has been passed away!

RIP and you will be always in our hearts!
Swimming with sharks!
  • #102,007
  • Mar 26, 2020 7:46am Mar 26, 2020 7:46am
Quoting jrushing
Let me make it clear, no system is perfect and never will be, the markets are controlled by big money, and emotions. However patterns do exist and happen over and over. Myself I use TDI and Ema5 and that's it, Do I lose sure, but my winners out way my losers 10 to 1. I use to trade the 5 and 15 min, but when I was slapped by Big E and shown another way, I trade the daily, 4 hr. and 1 hr. and have never been happier. I trade for a few weeks and then take off for a few weeks. I know I can always make more by trading this method. too easy
That is incorrect. A system can be perfect. However, it is highly improbable that a complete trading system will be developed that can account for all of the variables in the market and how their interactions produce the price moments.

I can have a system that does nothing but monitor the crossing of 2 indicators, and if they cross up, enter a buy trade. That is all it does; that is my buy system. That system is perfect. I can then execute the system either manually or code an EA to perform. Granted the system is not a complete trading system. But as the system is laid out, it is quite easy to implement and is "perfect".
To free Gazans of Hamas, use whatever it takes.
  • #102,008
  • Mar 26, 2020 7:48am Mar 26, 2020 7:48am
Quoting DrDave
{quote} You are making a considerable expansion of the original question, and adding several items of technical analysis for assessing if a "good opportunity may be coming". This was not the question.
No offense intended, but the next bar is a full reversal pin bar, rare but it happens, it was due to news, also no closure below the 5 ema, you have to look at the big picture and come in. just because it did not work once does not mean it will not work, stoch turns only work about 70% of the time, you cannot use one indicator to make the decision to go long or short

For all the Newbies out there go back 4 months and look at the stoch turns and how the TDI looks how the price looks around the MA
  • #102,009
  • Mar 26, 2020 7:49am Mar 26, 2020 7:49am
Quoting jrushing
{quote} No offense intended, but the next bar is a full reversal pin bar, rare but it happens, it was due to news, also no closure below the 5 ema, you have to look at the big picture and come in. just because it did not work once does not mean it will not work, stoch turns only work about 70% of the time, you cannot use one indicator to make the decision to go long or short For all the Newbies out there go back 4 months and look at the stoch turns and how the TDI looks how the price looks around the MA
Let me repeat, you got off track from the simple question that was asked.
To free Gazans of Hamas, use whatever it takes.
  • #102,010
  • Mar 26, 2020 7:52am Mar 26, 2020 7:52am
Quoting DrDave
{quote} That is incorrect. A system can be perfect. However, it is highly improbable that a complete trading system will be developed that can account for all of the variables in the market and how their interactions produce the price moments. I can have a system that does nothing but monitor the crossing of 2 indicators, and if they cross up, enter a buy trade. That is all it does; that is my buy system. That system is perfect. I can then execute the system either manually or code an EA to perform. Granted the system is not a complete trading system....
Ok I will bite, SHOW US THE PERFECT SYSTEM,

show me a system that will work on anytime frame any pair,
show me a EA that has not blown up an account at some time during the year
  • #102,011
  • Mar 26, 2020 7:57am Mar 26, 2020 7:57am
Quoting jrushing
{quote} Ok I will bite, SHOW US THE PERFECT SYSTEM, show me a system that will work on anytime frame any pair, show me a EA that has not blown up an account at some time during the year
I just described to you the perfect buy system. It works on any timeframe, any instrument, any market. It can never blow up an account because it is only a buy system, not a trading system. I already stated that it is highly improbable that a perfect trading system will ever be developed.
To free Gazans of Hamas, use whatever it takes.
  • #102,012
  • Mar 26, 2020 8:03am Mar 26, 2020 8:03am
Quoting jrushing
{quote} Ok I will bite, SHOW US THE PERFECT SYSTEM, show me a system that will work on anytime frame any pair, show me a EA that has not blown up an account at some time during the year
- show me a system that will work on anytime frame any pair
You are already using such a system > TMS
-show me a EA that has not blown up an account at some time during the year
They are to be found, traders that have them will never make it available for all traders to use.
Unreasonable request.
  • #102,013
  • Mar 26, 2020 8:11am Mar 26, 2020 8:11am
Quoting lddd
Would it be possible btw to have one combined alert indicator where following rules are met: - TDI crossed at a good level with that right type or clock angle. - Stochastic confirms within the direction - Entry Candle closed below/above the 5 EMA depending on long or short signal. - Price Action in the right type of layout/condition (length of bars, color, wicks and so on). - Market Structure in the right type of condition, e.g. „trending“ (no sideways/range up and down situation near) - No Support/Resistance problematic near. - No upcoming high...

the basic TMS 5-Method Big E conditions are available in the TMS_V19.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 info 26-3-2020 9-07-24 pm.png Size: 61 KB


https://www.forexfactory.com/showthr...57#post5070757
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,014
  • Mar 26, 2020 8:13am Mar 26, 2020 8:13am
Quoting Tekkies
{quote} - show me a system that will work on anytime frame any pair You are already using such a system > TMS -show me a EA that has not blown up an account at some time during the year They are to be found, traders that have them will never make it available for all traders to use. Unreasonable request.
SHOWING the EA can be done. It is the revealing of its code that will not be done. I can show you a gold Krugerrand, but I will not give it to you.

Well, go ahead and copy this one or even take it.
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #102,015
  • Mar 26, 2020 8:16am Mar 26, 2020 8:16am
Quoting DrDave
{quote} I just described to you the perfect buy system. It works on any timeframe, any instrument, any market. It can never blow up an account because it is only a buy system, not a trading system. I already stated that it is highly improbable that a perfect trading system will ever be developed.
Ok, take 10 T3 shift 4 and put that on a EA it will it make a ton of trades both buy and sell, but certain times of the month it will blow up
  • #102,016
  • Mar 26, 2020 8:22am Mar 26, 2020 8:22am
Quoting DrDave
{quote} SHOWING the EA can be done. It is the revealing of its code that will not be done. I can show you a gold Krugerrand, but I will not give it to you. Well, go ahead and copy this one or even take it. {image}
Don't agree Dave.
Here is one of many: https://www.mql5.com/en/code/214
The code is available as-well.
"SHOWING the EA" has a condition > "that has not blown up an account"
  • #102,017
  • Mar 26, 2020 8:35am Mar 26, 2020 8:35am
Quoting lddd
Would it be possible btw to have one combined alert indicator where following rules are met: - TDI crossed at a good level with that right type or clock angle. - Stochastic confirms within the direction - Entry Candle closed below/above the 5 EMA depending on long or short signal. - Price Action in the right type of layout/condition (length of bars, color, wicks and so on). - Market Structure in the right type of condition, e.g. „trending“ (no sideways/range up and down situation near) - No Support/Resistance problematic near. - No upcoming high...

another live example:

Attached Image (click to enlarge)
Click to Enlarge Name: TMS _V19 example 26-3-2020 9-33-24 pm.png Size: 80 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,018
  • Mar 26, 2020 8:42am Mar 26, 2020 8:42am
Quoting DrDave
{quote} SHOWING the EA can be done. It is the revealing of its code that will not be done. I can show you a gold Krugerrand, but I will not give it to you. Well, go ahead and copy this one or even take it. {image}
This one will allow me to buy them Kruger's
Attached Image
  • #102,019
  • Mar 26, 2020 8:50am Mar 26, 2020 8:50am
Hi all, New here.

Is there any post that has the full system step by step?
  • #102,020
  • Mar 26, 2020 10:43am Mar 26, 2020 10:43am
Just found a method to validate a TDI crossing efficiently using RSIOMA ! Just testing if I'm success I will share!!!
Swimming with sharks!
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