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Trading Made Simple

  • #102,101
  • Mar 28, 2020 12:53pm Mar 28, 2020 12:53pm
Quoting Tekkies
{quote} All have that has been done, Iddd. None worked. The only way you are going to get anywhere is to paper trade with trendline (blue /yellow like I do) when you can be at the computer. > Normal human trading. When you see a crossover ignore all bullshit, trade only what you see: Green above red > buy Green below red >sell Don't refresh chart at all. That is it. - start trend-line at crossover, - close trend-line at next crossover Do it for long as you want. - After a month or two you have enough blue / yellow trend-lines - Export those trend-lines...
Why do you mention those trend lines? What use they have, I guess it’s only for visible backtesting?

About not refreshing TDI, what if MT4 just crashes, won’t any chart be refreshed with the next start of it?

If there is no better/smarter way to filter out totally useless TDI cross over signals i will probably not going to use it any longer at all.

To me personally a well defined manual trading strategy or indicator or both (a strategy making use of an indicator) should help me to make crystal clear trade decisions I can actually repeat and not something making life even harder while I still have to check x rules after every signal.

Its like sitting in a car and waiting for something to happen that should tell me, start the engine now, but I already sit in the car anyways and ready to go so I look at the traffic my self instead and just start the engine if it feels good.

Can you tell me what exactly the TDI cross over otherwise should indicate that is from great advantage as it happens that the price action on it own can’t say at that moment?

I mean does such cross over guarantee that NOW chances are high price will move in that direction for the next 50 or 1000 pips? Absolutely not, so why waiting for it if you see green candles and you want to buy, simply buy and you are set same as good as without such indicator.
  • #102,102
  • Mar 28, 2020 2:16pm Mar 28, 2020 2:16pm
Quoting lddd
{quote} Why do you mention those trend lines? What use they have, I guess it’s only for visible backtesting? About not refreshing TDI, what if MT4 just crashes, won’t any chart be refreshed with the next start of it? If there is no better/smarter way to filter out totally useless TDI cross over signals i will probably not going to use it any longer at all. To me personally a well defined manual trading strategy or indicator or both (a strategy making use of an indicator) should help me to make crystal clear trade decisions I can actually repeat...
Iddd
The crossover only an indication of a potential trade. You the trader must decide to place a trade or not.
Every method has it rules, either you follow them or you don't.
TDI crossover does give a "crystal clear signal" Angle above / below 2 / 4, don't trade between 2 / 4.

Go one step further car.
At a robot with engine running waiting for the green light > That green light is the TDI crossover.
Green light flash on > Look at angle
Shift into first gear > Stoch confirm direction
Release handbrake > Check support / resistance
Step on petrol > Check bar size
Shift to second gear > Check wick's
Step on petrol > Check for reversal
Shift to third gear > PLACE ORDER.

In all those step to pull away from a traffic light, how much of it is done subconsciously after 10 / 20 years of constantly driving?
It is the same with TDI crossover the longer you use it the easier it becomes to make a trade decision.

Post#647 is Price Action.
In a nutshell, nicely packed with simple words.

Iddd, you even complain about the basic Forex's stuff.

Find that mentor Iddd.
Cheers
  • #102,103
  • Edited 5:31pm Mar 28, 2020 5:01pm | Edited 5:31pm
Quoting Tekkies
{quote} Iddd The crossover only an indication of a potential trade. You the trader must decide to place a trade or not. Every method has it rules, either you follow them or you don't. TDI crossover does give a "crystal clear signal" Angle above / below 2 / 4, don't trade between 2 / 4. Go one step further car. At a robot with engine running waiting for the green light > That green light is the TDI crossover. Green light flash on > Look at angle Shift into first gear > Stoch confirm direction Release handbrake > Check support / resistance Step on...
Again. No complains. But to me the TDI does not have to give a green light if I have to look at the chart anyways.

So basically you could start with post 647 at any time you look at a chart and press the buy or sell button after you came to a decision.

About post 647, none of these „basics“ explain what to do exactly and how you can repeat that where each chart looks different each day.

Said that, the OP could also have named that topic „trade what ever you see and feel like, good luck...“. It would be same as subjective and by the end always the trader is wrong no matter if the outcome is positive or negative.

I can accept that, no problem with trading on my own feelings and guess work but then I really don’t understand all the fuzz here either it’s about the TDI or post 647.
  • #102,104
  • Edited 7:16pm Mar 28, 2020 6:58pm | Edited 7:16pm
Quoting lddd
{quote} Again. No complains. But to me the TDI does not have to give a green light if I have to look at the chart anyways. So basically you could start with post 647 at any time you look at a chart and press the buy or sell button after you came to a decision. About post 647, none of these „basics“ explain what to do exactly and how you can repeat that where each chart looks different each day. Said that, the OP could also have named that topic „trade what ever you see and feel like, good luck...“. It would be same as subjective and by the end always...
Yes, you can start with post 647 any time you look at a chart.
Question is?
When, Where, What, Why do you look for a correct entry?
Solve puzzle Iddd.
------
About post 647, none of these „basics“ explain what to do exactly

Google search each point and you get thousands of web-page's.
Which of those web-page has the right solution?
(BigE posted: You don't know basic Forex, go to Babypips)
Argument is baseless.
  • #102,105
  • Mar 28, 2020 8:06pm Mar 28, 2020 8:06pm
...
Disclaimer
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,106
  • Mar 28, 2020 8:09pm Mar 28, 2020 8:09pm
Quoting Tekkies
{quote} Yes, you can start with post 647 any time you look at a chart. Question is? When, Where, What, Why do you look for a correct entry? Solve puzzle Iddd. ------ About post 647, none of these „basics“ explain what to do exactly Google search each point and you get thousands of web-page's. Which of those web-page has the right solution? (BigE posted: You don't know basic Forex, go to Babypips) Argument is baseless.

hey Tekkies

you missed One and another One!!

now your need to solve Two puzzles.

------------------
Yes, you can start with post 647 any time you look at a chart.
Question is?
When, Where, What, Why do you look for a correct entry?
Solve the Two puzzles Iddd. Tekkies
------------------
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,107
  • Edited 8:43pm Mar 28, 2020 8:15pm | Edited 8:43pm
Quoting Tekkies
{quote} Iddd The crossover only an indication of a potential trade. You the trader must decide to place a trade or not. Every method has it rules, either you follow them or you don't. TDI crossover does give a "crystal clear signal" Angle above / below 2 / 4, don't trade between 2 / 4. Go one step further car. At a robot with engine running waiting for the green light > That green light is the TDI crossover. Green light flash on > Look at angle Shift into first gear > Stoch confirm direction Release handbrake > Check support / resistance Step on...
@Tekkies,

Now you use your famous disclaimer Post#647.
Seven Nine (9) years on and you are still using that old outdated post. No wonder you are still struggling to find your edge.

I know that post #647 very well. We dissected that Post#647 into many parts and made that objective rules for pre trade planning, rules to use as filters, rules for trading tasks, etc. all that done during trading system development. No more subjective stuff like look at the last reversal, are the candle big, small or what? We have rules to define the market type conditions and when to trade and when not to trade, etc.

Your chart show dubious entries which did not conform even with your own M15H1 Vline method. PERIOD.
Now you know the difference between studying old charts for entry and exit and running in MT4 strategy tester using the TDI#25.

Here again is lying to newbies using your wheelbarrow filling with pips. I fill my trading accounts with money not pips. I can negative nett pips and still profitable. You still do not know what Risk % and Position Sizing means in a Trading System with a Winning Edge.

Keep It Simple: Stop Lying in this thread.

Your post#102,089 below


Attachment g
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #102,089 29-3-2020 8-38-51 am.png Size: 374 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,108
  • Mar 28, 2020 9:44pm Mar 28, 2020 9:44pm
Quoting emmanuel7788
This is for those readers who missed reading from the previous page 5103, Quoting dannyrod01 Hi all, New here. Is there any post that has the full system step by step? Quoting emmanuel7788 {quote} Question: Is there any post that has the full system step by step? Answer : NO simple question requires simple answer After my simple answer to that simple question asked, I now have more time...
Hello emmanuel7788,
Thank you for your TMS learning index summary, I am baby in Forex trading.
I read your post, it have lot of great knowledge.I must lead all page you recommended.
Can you share me updated TDI system that good for today.
I must read all pages you posted add recommended.
Thank you for shared good knowledge.

Suchart
Best Regards,
  • #102,109
  • Mar 28, 2020 10:07pm Mar 28, 2020 10:07pm
Quoting Tekkies
{quote} Yes, you can start with post 647 any time you look at a chart. Question is? When, Where, What, Why do you look for a correct entry? Solve puzzle Iddd. ------ About post 647, none of these „basics“ explain what to do exactly Google search each point and you get thousands of web-page's. Which of those web-page has the right solution? (BigE posted: You don't know basic Forex, go to Babypips) Argument is baseless.
Yes I get what you mean. When, where, what is essential but the problem I have with that is the following.

Lets start with „when“.

This one is quiet the easy part of the puzzle. My solution for it at the moment would be setting my self a pre defined time interval where I want to be „active“ in the market as a manual trader, so let’s say with the beginning of a specific trading session until the end of the session or maybe even a fixed amount of hours per day where I would be able to do so. Maybe you don’t have 8 hours of time so you might want to be active in the market only for a couple of hours each day. After watching some charts over the years I found best times to trade for the markets I am interested would be anyways only the first 3-5 hours after London opened. Sometimes you even have some good moves already starting 1-2 hours before. But this would be my „when“.

“where“

Well here it comes... As far as I know you should not chasing trades in the middle of no where. You should wait for your signal to happen at a mostly like turning point on the chart, so important horizontal areas on your chart (Support or resistance).

At least that would be what you do with a pure price action signal like a pinbar or so on. If you would take every pinbar on a M15 chart that happens during and uptrend or downtrend you would most likely end up losing all your money because such signal would be of very poor quality if not found on a weekly or at least a daily chart.

So where does the TDi cross over helps here in case of the where? Shouldn’t it be the other way around, you first mark your important levels for what ever charts you are trading and then wait for the TDI signal to happen at such turning points, that might be a pull back in an uptrend so you end up buying lower in assumption the trend will continue doing upwards and you buy the correction or what ever you call that but not buying at the highest current price in the hope of price will keep going even higher, you wait for a dip lower and then buy.

If you first wait for an TDI cross over Alert now on multiple charts you are going to get quiet a lot of alerts even if the market structure is simply not able to read (either no clear higher highs, higher lows, no clear defined range between support and resistance, just chaotic up and down noise like it is very very often the case if I start my day and look at any chart). So I don’t see that big help of the TDi here, or maybe I am doing something wrong, solve that puzzle to me? :-)

The „what“

Well that’s what I am asking my self all the time actually. Should I pre-define what I am day trading like picking one currency pair and stick to it even if the conditions here might be to slow to be able to constantly profitable from it for a long time. What if that conditions stays for the next half year, so pre selecting a market based on ADR would be a better choice or solving the „what“ question? Or maybe just open as many charts as possible to increase my chance of getting a constant good amount of trading signals? That what is probably one of the hardest part I have right now to find out following by the where :-)
  • #102,110
  • Mar 28, 2020 10:56pm Mar 28, 2020 10:56pm
Quoting pips29
taken some off. Moved stop lower {image}
Hi, would any of you have the trend indicator for the different time frame like that one shown in pips29?

and how do you read the currency strength alerts indicator? is the strength tagged to euro or USD? should we change the value of the strength and weakness limit?



thanks!
  • #102,111
  • Mar 29, 2020 3:27am Mar 29, 2020 3:27am
Quoting emmanuel7788
{quote} hey Tekkies you missed One and another One!! now your need to solve Two puzzles. ------------------ Yes, you can start with post 647 any time you look at a chart. Question is? When, Where, What, Why do you look for a correct entry? Solve the Two puzzles Iddd. Tekkies ------------------
Solved long time ago.
One = BigE full.pdf
Two = TDI
  • #102,112
  • Mar 29, 2020 3:30am Mar 29, 2020 3:30am
Quoting Tekkies
{quote} Solved long time ago. One = BigE full.pdf Two = TDI

good attempt but you did not solve the Two puzzles.

Now try again and use your brain and that's what the OP said few times.

-----------------------
hey Tekkies

you missed One and another One !!

now your need to solve Two puzzles.

------------------
Yes, you can start with post 647 any time you look at a chart.
Question is?
When, Where, What, Why do you look for a correct entry?
Solve the Two puzzles Iddd. Tekkies
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,113
  • Mar 29, 2020 3:33am Mar 29, 2020 3:33am
Quoting tehsusu
{quote} Hi, would any of you have the trend indicator for the different time frame like that one shown in pips29? and how do you read the currency strength alerts indicator? is the strength tagged to euro or USD? should we change the value of the strength and weakness limit? thanks!
hi tehsusu

not sure what is that pips29 has on his chart.

but there is another one based on 10EMA which some TMS traders used in the M15 thread.

https://www.forexfactory.com/showthread.php?t=345586


Attached Image (click to enlarge)
Click to Enlarge Name: Market Trends M15 H1 H4.png Size: 372 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,114
  • Mar 29, 2020 4:00am Mar 29, 2020 4:00am
Quoting emmanuel7788
{quote} @Tekkies, Now you use your famous disclaimer Post#647. Seven Nine (9) years on and you are still using that old outdated post. No wonder you are still struggling to find your edge. I know that post #647 very well. We dissected that Post#647 into many parts and made that objective rules for pre trade planning, rules to use as filters, rules for trading tasks, etc. all that done during trading system development. No more subjective stuff like look at the last reversal, are the candle big, small or what? We have rules to define the market type...
Gee, Emmanuel, Post#647 is outdated, why do you tell members to study it: Post 102,082, Post 101,711, (can post more links)
Post 101,925
Tekkies did not spend enough time on Post#647 to learn Price Action, Support & Resistance and Market Consolidation.
Make up your mind.
Better still, stop posting post's that contradict themselves on a constant base.
Emmanuel, the famous hypocrite?
-----
Who are the "we"?
Who made the rules, plan, filters?
----
Your chart show dubious entries: Post 101,787
Please show the reader's what is "dubious" about that chart.
  • #102,115
  • Mar 29, 2020 4:26am Mar 29, 2020 4:26am
Quoting Tekkies
{quote} Gee, Emmanuel, Post#647 is outdated, why do you tell members to study it: Post 102,082, Post 101,711, (can post more links) Post 101,925 Tekkies did not spend enough time on Post#647 to learn Price Action, Support & Resistance and Market Consolidation. Make up your mind. Better still, stop posting post's...

hey Tekkies

look at the date when the OP made that post... its Apr 29,2011.

Attached Image (click to enlarge)
Click to Enlarge Name: Post 647 Apr 29 2011.png Size: 149 KB


have your been up to date with the market lately... say 2018, 2019 and recent months Jan to Mar 2020?

what have your learned about Post#647 and keep yourself up to date with current market conditions.

Now go back and start your weekend back-testing based on Post#8703...

Quoting eelfranz
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...
your last back-tests was rubbish and you know that already.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #102,089 29-3-2020 8-38-51 am.png Size: 374 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,116
  • Mar 29, 2020 4:48am Mar 29, 2020 4:48am
Quoting lddd
{quote} Yes I get what you mean. When, where, what is essential but the problem I have with that is the following. Lets start with „when“. This one is quiet the easy part of the puzzle. My solution for it at the moment would be setting my self a pre defined time interval where I want to be „active“ in the market as a manual trader, so let’s say with the beginning of a specific trading session until the end of the session or maybe even a fixed amount of hours per day where I would be able to do so. Maybe you don’t have 8 hours of time so you might...
(Had a good at 7788"two puzzle", Who is the trader, How is the mouse click on buy or sell button)
-----
That what you posted is related to the whole chart and Forex at large.
It is what every trade struggle with.

I don't have the answer's or the "know how" to give any option or advice on most of what you mentioned.
I can not help you.
  • #102,117
  • Mar 29, 2020 4:52am Mar 29, 2020 4:52am
Quoting Tekkies
{quote} (Had a good at 7788"two puzzle", Who is the trader, How is the mouse click on buy or sell button) ----- That what you posted is related to the whole chart and Forex at large. It is what every trade struggle with. I don't have the answer's or the "know how" to give any option or advice on most of what you mentioned. I can not help you.
well Tekkies people are laughing at your stupidity and the rubbish you post everyday.

Quoting Tekkies
{quote} Solved long time ago. One = BigE full.pdf Two = TDI
your stupid answer above: "One = BigE full.pdf Two = TDI".

you still have no clue what the Two pieces of the puzzle are.

good attempt but you did not solve the Two puzzles.

Now try again and use your brain and that's what the OP said few times.

-----------------------
hey Tekkies

you missed One and another One !!

now your need to solve Two puzzles.

------------------
Yes, you can start with post 647 any time you look at a chart.
Question is?
When, Where, What, Why do you look for a correct entry?
Solve the Two puzzles Iddd. Tekkies
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,118
  • Mar 29, 2020 4:53am Mar 29, 2020 4:53am
Quoting emmanuel7788
{quote} hey Tekkies look at the date when the OP made that post... its Apr 29,2011. {image} have your been up to date with the market lately... say 2018, 2019 and recent months Jan to Mar 2020? what have your learned about Post#647 and keep yourself up to date with current market conditions. Now go back and start your weekend back-testing based on Post#8703... {quote} your last back-tests was rubbish and you know that already. {image}
You are late by 19 hours. Wake up and smell the coffee.
Post 102,096:
2. Why even bother with back-testing as Post 102,089 chart's clearly show the end result's will be inaccurate.
  • #102,119
  • Mar 29, 2020 4:58am Mar 29, 2020 4:58am
Quoting Tekkies
{quote} Brilliant. Up load the complete HTML file of each test. Would love to compare TDI crossover against trade entry / close. Nice try, must say. ------- Edit: Post#25 TDI re-paint some cross-over on chart refresh. Post#25 TDI see back-testing as re-fresh chart's. Upload some back-testing chart's like below?: {image}

hey Tekkies

where is your weekend back-testing with Post#8703?

your last back-test was for Feb to Apr 2016, why did yo chose this period Feb to Apr 2016? what was the market condition during that period?

now go and run your back-testing for example Jan 2019 to Mar 2020. We can compare and discuss both our test results.

Quoting eelfranz
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,120
  • Mar 29, 2020 5:22am Mar 29, 2020 5:22am
Quoting Tekkies
{quote} You are late by 19 hours. Wake up and smell the coffee. Post 102,096: 2. Why even bother with back-testing as Post 102,089 chart's clearly show the end result's will be inaccurate.

hey Tekkies

stop making lame excuses that your back-testing results was inaccurate.

if you test the TDI cross for entry and exit, it will show correctly in your MT4 strategy tester. You can compare that with refreshed chart of the same period.

you can test other parts of your strategy, for example you trade with %risk and let your tester trade with position sizing, you can also test moving your initial SL to protective stop loss and manage your trades, you can test your scaling in and scaling out positions when the market is trending, etc.
lots of other things about your trading system can be tested using historical data during your system development. This is an important part to do before you go into live trading.

Below is my back-testing example using Jan 2019 to Mar 2020 Daily data.
Both test using the Control point which take less time to complete.
Both tests uses the same %risk and position sizing per trade.

Can you tell why the difference in the test#1 and test#2 results?

Attached Image (click to enlarge)
Click to Enlarge Name: TMS TDI Daily jan 2019 to Mar 2020 single entry single exit 29-3-2020 5-18-11 pm.png Size: 84 KB


Attached Image (click to enlarge)
Click to Enlarge Name: TMS TDI Daily Jan 2019 to Mar 2020 ME SE 29-3-2020 5-35-33 pm.png Size: 85 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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