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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

  • #102,321
  • Apr 4, 2020 12:38am Apr 4, 2020 12:38am
Seeing the herd is running in a new direction. Wonder if the "bull" will refund trader's account on margin call or blame "wrong set file"
  • #102,322
  • Apr 4, 2020 12:59am Apr 4, 2020 12:59am
Quoting Tekkies
Seeing the herd is running in a new direction. Wonder if the "bull" will refund trader's account on margin call or blame "wrong set file"

a picture is worth a thousand words

Attached Image


Unless you mastered this 5-Method already and know how the use the tools like TMS_V19 to help you trade ... keep your questions or concerns coming.
Post your Demo trades and Do Not trade live until you have complete confidence in yourself and in the proper use of your trading tools ...keep on running the EA during live market sessions and study every trade setup taken by the EA and check against your inout parameters.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,323
  • Apr 4, 2020 7:51pm Apr 4, 2020 7:51pm
TMS_V19 Q&A

Q. Some common questions via PM on how to take screenshot for posting.

A. there is auto screenshot in the parameter...AutoScrCapON. Default is set to True.

You will find the screenshot in your MT4 folder shown below. My MT4 runs in 'portable mode' so my folders are different from yours. You need to look in your MT4 menu under Data Open Folder and look for the MQL4 sub-folder.

TMS_V19 input parameter for autoscreenshot AutoScrCapON:

note: I use the FHD 1920 x 1020 instead of the default.

Attached Image


Screenshot saved folder:

Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 screeshot saved.png Size: 66 KB


Example of a screenshot taken and saved :

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY screensshot example.png Size: 247 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,324
  • Apr 4, 2020 8:31pm Apr 4, 2020 8:31pm
TMS_V19 Q&A

Q: One member asked if he can run the TMS_V19 live on the Daily following what the OP post below.

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 ...
A: Yes, you can but you need to forward test this for a few months and on several currency pairs just to have a good sample size of results to see the results. There are only a few parameters using the TDI you need to set to "True". ALL the rest set to "False".
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,325
  • Edited 9:46pm Apr 4, 2020 9:17pm | Edited 9:46pm
TMS_V19 Q&A


Indicators required in your MT4 folder.

There are 3 custom indicators required ib the EA for its calculations.
It is important that your have these indicator filenames correct (***note1 the underscore in use)

1) Synergy_APB
2) TMS-Osc Histo
3) Traders_Dynamic_Index ***note1
also note that there are two different versions of this TDI, one dated back 2006 and the other newer 2007/2008.

the other indicators are standard ones available in your MT4.
4) Stochastics (8,3,3)
5) 5EMA Typical Price, Shift+2


The EA does not required the above indicators to be on your trading chart template but would be good for your training and learning as you can visualize the TMS 5-Method' chart technical conditions in detail when the EA is running during live market.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 indicators used.png Size: 70 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,326
  • Apr 5, 2020 6:39am Apr 5, 2020 6:39am
Quoting emmanuel7788
TMS_V19 Q&A Indicators required in your MT4 folder. There are 3 custom indicators required ib the EA for its calculations. It is important that your have these indicator filenames correct (***note1 the underscore in use) 1) Synergy_APB 2) TMS-Osc Histo 3) Traders_Dynamic_Index ***note1 also note that there are two different versions of this TDI, one dated back 2006 and the other newer 2007/2008. the other indicators are standard ones available in your MT4. 4) Stochastics (8,3,3) 5) 5EMA Typical Price, Shift+2 The EA does not required the above indicators...

thanks emanuel can you please share those 3 custom indicators and can i use normal HA candels but rename it with Synergy_APB will it do the trick
thanks in advance
  • #102,327
  • Apr 5, 2020 7:32am Apr 5, 2020 7:32am
Quoting emmanuel7788
TMS_V19 Q&A Indicators required in your MT4 folder. There are 3 custom indicators required ib the EA for its calculations. It is important that your have these indicator filenames correct (***note1 the underscore in use) 1) Synergy_APB 2) TMS-Osc Histo 3) Traders_Dynamic_Index ***note1 also note that there are two different versions of this TDI, one dated back 2006 and the other newer 2007/2008. the other indicators are standard ones available in your MT4. 4) Stochastics (8,3,3) 5) 5EMA Typical Price, Shift+2 The EA does not required the above indicators...
Hello
Thanks for the clarification
please advise Is there any file for the EA settings?
regards
  • #102,328
  • Edited 5:26pm Apr 5, 2020 5:07pm | Edited 5:26pm
live trading


buy audusd@059965 sl:0.5968 tp1: 0.6082 tp2: 0.6276


Attached Image (click to enlarge)
Click to Enlarge Name: audusd.JPG Size: 148 KB




have a good time.

good luck
  • #102,329
  • Apr 5, 2020 6:40pm Apr 5, 2020 6:40pm
Inserted Video
  • #102,330
  • Apr 5, 2020 7:09pm Apr 5, 2020 7:09pm
„Trend trading can be a losing strategy, because market rarely trends“

If you see the trend, it already developed and you can see it in hindsight. Still lots of sayings here to only trade in direction with the trend and the TDI only giving reliable signals in a trending market environment?

Can anyone finally solve the puzzle to me what does a hindsight chart analyse helps here even if it’s showing a clear trending market but this could be over with the next price tick?
  • #102,331
  • Apr 5, 2020 11:13pm Apr 5, 2020 11:13pm
AUDJPY Apr 06 M15

first trade this week only with HA candles PA and 5EMA setting with TDI.

Moved SL to BE+ very quickly.

current market conditions some broke's spread is getting wider these days if you noticed that already.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Apr 06 M15 trade BE 6-4-2020 2-07-40 pm.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,332
  • Apr 5, 2020 11:31pm Apr 5, 2020 11:31pm
Quoting lddd
„Trend trading can be a losing strategy, because market rarely trends“ If you see the trend, it already developed and you can see it in hindsight. Still lots of sayings here to only trade in direction with the trend and the TDI only giving reliable signals in a trending market environment? Can anyone finally solve the puzzle to me what does a hindsight chart analyse helps here even if it’s showing a clear trending market but this could be over with the next price tick?

what are your thoughts about this?

https://www.axitrader.com/au/blog/ed...rading-beliefs
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,333
  • Apr 5, 2020 11:41pm Apr 5, 2020 11:41pm
Quoting Mr.Help
{quote} Hello Thanks for the clarification please advise Is there any file for the EA settings? regards
Hi

It is important that you first learn what is Trading Made Simple and how the OP traded his 5-Method in his old thread before he moved the discussions to this new thread.

There is no generic set file for TMS_V19. This EA is not a auto-trading robot. You need to decide on how you want to trade using the 5-Method and set up the EA with the correct parameters and run the EA. Use this EA to teach you what the trade setups conditions are and how it will take the trades and manages the trades. There a lots of different trade setup conditions which you have to decide on and let the EA trade in live market conditions and you observe and learn.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,334
  • Apr 6, 2020 12:22am Apr 6, 2020 12:22am
why is it not picking up trades. tried in all timeframes. Whats wrong here??
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-04-06_125054.png Size: 40 KB
  • #102,335
  • Apr 6, 2020 12:57am Apr 6, 2020 12:57am
Quoting manjusr81
why is it not picking up trades. tried in all timeframes. Whats wrong here?? {image}

you cannot tell visually why the EA did not execute any trade without seeing the technical conditions of all the indicator on your chart.

setup your chart correctly and then post when the setup occurs and make a screen capture.

based on your setting, you need to see the HA candles with 5EMA, Stoch(8,3,3) and the Traders_Dynamic_Index.
Attached Image (click to enlarge)
Click to Enlarge Name: manjusr81 EU M5 chart.png Size: 121 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,336
  • Edited 1:09am Apr 6, 2020 12:59am | Edited 1:09am
USDJPY Apr 06 M15 trade

This trade is at BE+

I will manually close this buy trade based on what I see now when this M15 bar/candle closes.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Apr 06 M15 trade BE 6-4-2020 3-51-01 pm.png Size: 52 KB



Edit. Update. Trade Closed manually.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Apr 06 M15 trade closed 6-4-2020 4-08-17 pm.png Size: 52 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,337
  • Apr 6, 2020 1:17am Apr 6, 2020 1:17am
Quoting samobeast
{quote} thanks emanuel can you please share those 3 custom indicators and can i use normal HA candels but rename it with Synergy_APB will it do the trick thanks in advance
Hi Samobeast

Yes, you can rename the traditional HeikenAshi to "Synergy_APB" but you should know that the HeikenAshi is not the same as the Synergy APB.

attached are the 3 custom indicators for the TMS_V19 EA.
Attached File(s)
File Type: ex4 Synergy_APB.ex4   11 KB | 1,376 downloads
File Type: ex4 Traders_Dynamic_Index.ex4   16 KB | 1,637 downloads
File Type: ex4 TMS-Osc Histo.ex4   7 KB | 1,797 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,338
  • Apr 6, 2020 1:46am Apr 6, 2020 1:46am
Anyone trading TMS on 1Minute TF?
Stick to market structure, support & resistance and simple price action
  • #102,339
  • Apr 6, 2020 3:33am Apr 6, 2020 3:33am
Quoting emmanuel7788
{quote} what are your thoughts about this? https://www.axitrader.com/au/blog/ed...rading-beliefs
Well. Good read but didn’t really help ;-)
  • #102,340
  • Apr 6, 2020 3:39am Apr 6, 2020 3:39am
Quoting lddd
{quote} Well. Good read but didn’t really help ;-)
One could even say that the article is simply the AUTHOR's beliefs, and then consider that fact within the context of the article.
To free Gazans of Hamas, use whatever it takes.
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