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  • #102,121
  • Mar 29, 2020 3:57am Mar 29, 2020 3:57am
if TDI is repaint, why dont you use non repaint version of TDI ?
Everything flows. Learn to Earn.
  • #102,122
  • Edited 4:12am Mar 29, 2020 4:02am | Edited 4:12am
Quoting ecryptom
if TDI is repaint, why dont you use non repaint version of TDI ?

the re-painting is not the problem.

the OP used this version for his trading and that's what his trading rules are based on the re-painting version.

the problem most traders have when trading the 5-Method is they do not understand the trade setups and look only for the TDI green cross red as trade signal which often leads to losses. Traders must learn to spot price swings and reversals which has price momentum and trade these setup conditions.

the other problem is that traders did not learn the how to spot true reversal using the Craig Harris' NFF reversal candles and use the TDI the way the OP did in his old thread. Blending the NFF reversal with the Synergy reversal candles is one of the OP' secret how he often pick the best setups and trade with high confidence.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,123
  • Mar 29, 2020 4:24am Mar 29, 2020 4:24am
Someone PM and ask if he can trade the Daily with $1k deposit and achieve the same results I posted above test#1.

Yes, but the $money profit won;t be the same if you have a $10k account. The risk %5 per trade is the same but the Positions Size would not be the same.

Here below is the same test period same Daily price data.

But with a $1k account, the same %5 risk per trade, the Position Size is much smaller.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS TDI Daily Jan 2019 to Mar 2020 1k account 29-3-2020 7-16-19 pm.png Size: 92 KB


compare to a $10k account below.

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
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,124
  • Mar 29, 2020 4:25am Mar 29, 2020 4:25am
Quoting emmanuel7788
{quote} {quote} {image} {image} Don't be lazy Tekkies. Run your testing using MT4 strategy tester and post test results the we can compare test results and discuss how both yours and mine tests are done according to the OP' Post#8703. Stop spinning any new story and avoiding to do your own back-testing. You should know that running MT4 strategy tester in tick mode takes a long time and mine is still running and I will post the results again when completed. Be patient and stop wasting time posting no substance post. here my test still running ......
Why did the sell trade close if you are waiting for another cross on the TDI?
Success means going from failure to failure without loss of enthusiasm
  • #102,125
  • Mar 29, 2020 4:31am Mar 29, 2020 4:31am
Quoting lisat
{quote} Why did the sell trade close if you are waiting for another cross on the TDI?
very good question lisat. I knew you have very observant eye for details like lastingwell.

in the particular test I switched from Control point mode to using Tick mode, I had forgotten to remove the profit lock feature in the tester when I loaded the set file.

that sell trade got hit because of the 1.0 ADR profit lock and price hit that profit lock and missed the run.

below is the last update of that particular test.

Attached Image (click to enlarge)
Click to Enlarge Name: EU test running update3.png Size: 17 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,126
  • Mar 29, 2020 4:49am Mar 29, 2020 4:49am
Quoting emmanuel7788
{quote} 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. {quote}
I don't do back-testing with TDI. Period.
You got that. Do you understand that. Now stop hassling me about it.
----
Forward testing on a D1 chart will take a year or two. Not happy with the answer, then pack your bag and move on.
Grow up Emmanuel.
  • #102,127
  • Mar 29, 2020 4:56am Mar 29, 2020 4:56am
Quoting Tekkies
{quote} I don't do back-testing with TDI. Period. You got that. Do you understand that. Now stop hassling me about it. ---- Forward testing on a D1 chart will take a year or two. Not happy with the answer, then pack your bag and move on. Grow up Emmanuel.
hey Tekkies

did you just told another lie?
" I don't do back-testing with TDI. Period. "

but you posted this post#102,089 above.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #102,089 29-3-2020 8-38-51 am.png Size: 374 KB


isn't that testing using MT4 strategy tester? why did you test using Feb to apr 2016 Daily price data?

The truth is when you forward testing on Daily in live market, it would take 3 to 5 years to see some real results and learn how the 5-Method would perform.

Back-testing using MT4 strategy tester can help us learn and observe how the 5-Method performs in different market type conditions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,128
  • Mar 29, 2020 5:21am Mar 29, 2020 5:21am
Quoting emmanuel7788
{quote} {image} USDSGD Mar 26 today something big happened and SingDollar strengthen ..... {image}

USDSGD Monday Mar 30

Expect some big move next week as the central bank will act.

Take extra care if you have open positions.

I would rather wait and see what the price action would be on Monday and take a more cautious approach.

Attached Image (click to enlarge)
Click to Enlarge Name: USDSGD Mar27 Close 29-3-2020 8-15-45 pm.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,129
  • Mar 29, 2020 5:22am Mar 29, 2020 5:22am
Tekkies, Check the bottom two indicators. The bottom one has less attenuation than the one above it, but you can see that the g x r, r x y are the same.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB
To free Gazans of Hamas, use whatever it takes.
  • #102,130
  • Mar 29, 2020 5:23am Mar 29, 2020 5:23am
Quoting emmanuel7788
{quote} hey Tekkies did you just told another lie? " I don't do back-testing with TDI. Period. " but you posted this post#102,089 above. {image} isn't that testing using MT4 strategy tester? why did you test using Feb to apr 2016 Daily price data? The truth is when you forward testing on Daily in live market, it would take 3 to 5 years to see some real results and learn how the 5-Method would perform. Back-testing using MT4 strategy tester can help us learn and observe how the 5-Method performs in different market type conditions.
Post that to show the problem with back testing TDI
That is the reason why I don't do back testing.
That is way I don't waste time with back testing.
That post is to show reader's what I see when I try to back test TDI
That post is to show reader's possible error when back testing TDI
That post is .................. why bother...

Grow up Emmanuel.
  • #102,131
  • Mar 29, 2020 5:32am Mar 29, 2020 5:32am
Quoting Tekkies
{quote} Post that to show the problem with back testing TDI That is the reason why I don't do back testing. That is way I don't waste time with back testing. That post is to show reader's what I see when I try to back test TDI That post is to show reader's possible error when back testing TDI That post is .................. why bother... Grow up Emmanuel.

hey Tekkies

there is no problem with running testing of any indicator including the TDI.

there is really no problem at all when you want to run MT4 strategy tester and test the OP' 5-Method.

you problem is you are confused with MT4 back-testing and you compare the tester chart and your static chart. Its okay, most newbies have this confusion and they eventually will learn. Running MT4 strategy tester will teach you many things and not just the test results profit & loss. You learn by observing how the indicators work in respond to price ticks even when this is just historical price data.

anyway, one day you will grow up from a newbie trading cent account to become a real trader trading standard account like $10k account deposit like the OP.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,132
  • Mar 29, 2020 7:05am Mar 29, 2020 7:05am
Quoting ecryptom
if TDI is repaint, why dont you use non repaint version of TDI ?
Then it will not be Trading Made Simple. (Almost TMS but not really TMS).
That will have a direction influence on some of BigE's post's.
Like: ........... you can actually see the green on the other side ......
  • #102,133
  • Mar 29, 2020 7:43am Mar 29, 2020 7:43am
Quoting ecryptom
if TDI is repaint, why dont you use non repaint version of TDI ?
If you want to use the indicators that BigE used, then you need the TDI of post#25 that repaints. However, there is nothing stopping you from using a no-repaint version, or from using ANY other indicator that you feel like using. Then you will be developing YOUR system BASED on TMS, not a clone of TMS, just as many others have done.
To free Gazans of Hamas, use whatever it takes.
  • #102,134
  • Mar 29, 2020 12:06pm Mar 29, 2020 12:06pm
Quoting emmanuel7788
{quote} 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 {image}
Thanks Emmanuel7788 for the help! currently still doing testing mode on my trades. so trying to figure out the currency strengths.

would i will go monitor it. if i would to trade the EMA, would it be better to look at the medium and long term trend to cut out the "noise"?

Also, the strength indicator that i was referring to is this (circled in red) in pips29 chart.

how would u use that currency strength indicator? and is the strong currency supposed to be EUR or USD? and what is the strong and weak strength limits?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 232 KB
Click to Enlarge Name: Screenshot2.png Size: 35 KB
  • #102,135
  • Mar 29, 2020 1:39pm Mar 29, 2020 1:39pm
Quoting tehsusu
{quote} Thanks Emmanuel7788 for the help! currently still doing testing mode on my trades. so trying to figure out the currency strengths. would i will go monitor it. if i would to trade the EMA, would it be better to look at the medium and long term trend to cut out the "noise"? Also, the strength indicator that i was referring to is this (circled in red) in pips29 chart. how would u use that currency strength indicator? and is the strong currency supposed to be EUR or USD? and what is the strong and weak strength limits? {image} {image}
tehsusu, currency strength has nothing to do with Trading Made Simple. You can find thousands of posts related to it. Ask your questions about it on one of those threads.
To free Gazans of Hamas, use whatever it takes.
  • #102,136
  • Mar 29, 2020 3:36pm Mar 29, 2020 3:36pm
Quoting emmanuel7788
{quote} USDSGD Monday Mar 30 Expect some big move next week as the central bank will act. Take extra care if you have open positions. I would rather wait and see what the price action would be on Monday and take a more cautious approach. {image}
fxstreet does not have any schedule news on sg today.. haha.. anyway SG 8am -> about 3.5h from now...

EDIT: 1.5hours.. haha.. monday morning..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 106 KB
  • #102,137
  • Mar 29, 2020 4:01pm Mar 29, 2020 4:01pm
Quoting tehsusu
{quote} Thanks Emmanuel7788 for the help! currently still doing testing mode on my trades. so trying to figure out the currency strengths. would i will go monitor it. if i would to trade the EMA, would it be better to look at the medium and long term trend to cut out the "noise"? Also, the strength indicator that i was referring to is this (circled in red) in pips29 chart. how would u use that currency strength indicator? and is the strong currency supposed to be EUR or USD? and what is the strong and weak strength limits? {image} {image}

hi tehsusu

It is good to be learning new things everyday. Never stop learning when you want to become a trader and you will to become a Super Trader one day.

About those currency strength meters, these are nice tools which were not common during the years 2006 to 2011 when the OP of this thread started his trading journey. The OP Big E was learning to trade the retail spot forex market and he attended seminars and subscribed to a few traders like Craig Harris, Dean Malone, Lance Beggs and a few others. Knowing these commercial professional traders / coaches, I knew their offerings and also their limitations. Moreover, the OP traded only 8 currency pairs but these days aspiring traders look at many more pairs hence they will require some tools to help them pick the best pair to trade.

I tried other currency strength meter indicators for a short time but I never settled into using any one for my current trading. I am more a medium to longer term swing trader and I prefer to hold positions for weeks. I subscribed to this website https://www.mataf.net/en/forex/tools/correlation and trade with many European based traders. We analyse the correlation of the currency pairs and use the information for currency pair selection.

I know pips29 for many years and I am sure he can help you a lot more.

Trade Well and Trade Safe,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,138
  • Mar 29, 2020 4:08pm Mar 29, 2020 4:08pm
Quoting moRTaL
{quote} fxstreet does not have any schedule news on sg today.. haha.. anyway SG 8am -> about 3.5h from now... EDIT: 1.5hours.. haha.. monday morning.. {image}
good thing I got out last week ...early.

this week, my bank advise me to stand aside and wait for the next decision.

now I look at GBPUSD and AUDSGD to hedge my other immovable assets.

another thing we need to listen to and look out for is when the a few smart money say they reduce their short-selling positions plus hedged positions, we know their "problem".
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,139
  • Mar 29, 2020 4:21pm Mar 29, 2020 4:21pm
Quoting ecryptom
if TDI is repaint, why dont you use non repaint version of TDI ?
Quoting emmanuel7788
{quote} the re-painting is not the problem. the OP used this version for his trading and that's what his trading rules are based on the re-painting version. the problem most traders have when trading the 5-Method is they do not understand the trade setups and look only for the TDI green cross red as trade signal which often leads to losses. Traders must learn to spot price swings and reversals which has price momentum and trade these setup conditions. the other problem is that traders did not learn the how to spot true reversal using the Craig Harris'...

hi ecryptom

to add to my reply post above,

we need to be careful when we read members post in public forums like FF.

an example is this post by Tekkies (Post#73,461) where he provided wrong information about the TDI Red Green being non-repainting. The TDI Re Green in Post#25 is a repainting indicator used by the OP. This TDI version is unique because it updates the lines only at the Close of the price bar/candle. It hold these line fixed on your charts until the charts get refreshed by the traders or when MT4 get re-started. Usually the last bar get re-painted but I notice when there are strong price movements the re-painting can go farther back as much as 30 plus bars/candles into the history.

The TDI Realtime is another version which updates it lines on every price tick.... hence its name 'realtime'. When you use this version, you need to make adjustment to how you trade with this changing green and red lines conditions. Basic rule is to wait for the price bar/candle to Close and confirm the trade setup. Never jump into the market during an active candle.

The OP did mention about the use of the RSI(13) line with its 50-level when you pick a trader setup.

Anyway, you know this website and you can verify and learn from there.

About the TDI indicators:
https://forex-station.com/viewtopic....38#p1295362638

Trade Well and Trade Safe
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post 73,461 wrong information.png Size: 502 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,140
  • Mar 29, 2020 4:42pm Mar 29, 2020 4:42pm
Quoting Suchart6395
{quote} 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,

hi Suchart

My summary Introduction to Trading Made Simple is to help readers who are new to this thread to spare them the time to read 5100 pages of posts.

The same 5-Method is still valid for trading today and for the next 10, 20, 30 , 40, 50 years from now. Nothing will change except you as the trader will progress and advance to become a good trader to better trader and someday become a Super Trader then only you will achieve both Financial Independence and Financial Freedom to do what you want in life.

Keep on reading and learning. Learn EVERYTHING from the OP here in FF by following his trading journey from 2008 till 2011. Until you have learned EVERYTHING and have mastered his 5-Method, keep your questions coming and post your charts and let other members comment and share their knowledge and experience too.

I have shared a lot between 2012 and 2017 but I cannot imagine anyone has that amount of time to read all my posts even when they are under lockdown. So the better thing to do is to post charts and ask questions.

Take Care and Learn to Trade.



Books to have and read,

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