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Trading Made Simple

  • #102,361
  • Apr 6, 2020 2:06pm Apr 6, 2020 2:06pm
hi, why dont you post the set files for the same
  • #102,362
  • Apr 6, 2020 2:18pm Apr 6, 2020 2:18pm
why do i get this error. consolidation no trade
Attached Image
  • #102,363
  • Apr 6, 2020 2:37pm Apr 6, 2020 2:37pm
Since that Boy switched from posting endless complicated analyses or highlighting one of BigEs quotes for the hundreds of time this topic gets a lot of new users suddenly.

Probably nothing to do with more and more of his posts now include the words „EA, simple, automated“.

:-)
  • #102,364
  • Apr 6, 2020 3:56pm Apr 6, 2020 3:56pm
Quoting emmanuel7788
{quote} you did not read this in its entirety. Too much time is being spent on TDI and Stochastics, Too little time on Price Action and Support/Resistance. And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run. You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
Irrelevant Emmanuel.
You clearly stated TDI is not a winning edge. Now all of a sudden TDI is the way to go.
Does not make sense.
But hey, who cares.
  • #102,365
  • Apr 6, 2020 6:12pm Apr 6, 2020 6:12pm
Quoting Tekkies
{quote} Irrelevant Emmanuel. You clearly stated TDI is not a winning edge. Now all of a sudden TDI is the way to go. Does not make sense. But hey, who cares.

hey Tekkies

I did not say "all of a sudden TDI is the way to go". You did!

Read all my recent post on TMS_V19.

I stress again, that TMS_V19 EA it can be your live market trading tutor to show you how trades can be taken by setting those technical conditions of the 4 indicators - APP/HA candles, 5EMA, Stoch and TDI.

Using the TDI slope calculation will filter the TDI crosses setups which fails.
Using the combination of the HA candles price action with the 5EMA will filter some setups.
Using the Stoch as filter will improve the results.

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
  • #102,366
  • Apr 6, 2020 6:18pm Apr 6, 2020 6:18pm
Quoting manjusr81
why do i get this error. consolidation no trade {image}

that message is not an error!

you need to learn and know what the market conditions the TMS_V19 checks and flag that message.

read that TMS_V19 Manual... its only 17 pages but it takes lots of live market hours to learn how that EA trades TMS 5-Method accoding to your own settings.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,367
  • Apr 6, 2020 6:30pm Apr 6, 2020 6:30pm
Quoting manjusr81
hi, why dont you post the set files for the same

as I said before, there is no generic set file for TMS_V19.

reason is this EA is not a auto-trading robot that runs 24x7.

as for your XAUUSD M15 trading, you need to set up the parameters for the use of HA candles, 5EMA, Stoch and TDI according to Post#261. Then you need to check if your broker allows 0.05 lot size. Do not use TDI Dynamic entry rather use he HA candle close for the trigger.

There are many other possible reasons why the EA did not trigger any trade.

Hint: Look at yoyr Daily chart and decide on either Buyer of Seller for your input. Do Not let the EA decide this, set the AutoBuySell=False. This week I set to Buy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,368
  • Edited 6:55pm Apr 6, 2020 6:39pm | Edited 6:55pm
Quoting lddd
Since that Boy switched from posting endless complicated analyses or highlighting one of BigEs quotes for the hundreds of time this topic gets a lot of new users suddenly. Probably nothing to do with more and more of his posts now include the words „EA, simple, automated“. :-)
Perhaps you had not read all the posts since.... and missed the obvious.

TMS_V19 will answer most but not all your questions in your Post#101,981.

https://www.forexfactory.com/showthr...1#post12837791

I replied you: Post#102,015.

otherwise, take Tekkies' advice go "find that mentor".
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,369
  • Apr 6, 2020 7:01pm Apr 6, 2020 7:01pm
AUDJPY Apr 07 M15

first trade for today, now BE .
simple setup rules

yesterday 2 wins 1 loss.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Apr 07 M15 trade open BE 7-4-2020 7-58-03 am.png Size: 52 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,370
  • Apr 6, 2020 7:18pm Apr 6, 2020 7:18pm
Hey guys, I've been studying this system and have wondered about the TDI. It doesn't seem to paint until after the candle has closed. How do you guys handle this? Take signals at the next candle open?
  • #102,371
  • Apr 6, 2020 7:52pm Apr 6, 2020 7:52pm
Quoting emmanuel7788
{quote} Perhaps you had not read all the posts since.... and missed the obvious. TMS_V19 will answer most but not all your questions in your Post#101,981. https://www.forexfactory.com/showthr...1#post12837791 otherwise, take Tekkies' advice go "find that mentor".
Thanks. But don’t like the way it looks on your example charts, even more indicators probably slowing down the trading platform and chart is harder to read.

If at all I was more looking for a alert indicator combining the rules to filter out some bad trades but in form of simple popup messages or push notifications, not taking visible extra space of the chart window.

Anyways I do not longer trade the TMS/TDI at all. I sometimes look at it but more often find my self it’s not useful to me in a practical efficient way and far away from beeing any more simple to build up a consistent strategy that is straight forward and easy to follow and repeat.

I still like the Heilen Ashi and the way it reduces all the noisy little up and down price fluctuations from the chart. It’s extremely helpful to me to stay in a trade any longer but still have to clear rule based entry strategy that works.

Most of the time I do my entries on pure feelings by what the current price action looks like to me.

I try to pick a clear trending market (which I still have problems with to pre-select each morning) and a decent ADR or at least 80-100 pips.

Then I wait for some kind of retracement entry possibility (not sure of that’s the correct term). So I wait for price pulling back against the trending direction, then enter in trending direction again on the next what ever I „feel“ is a good price bar/candle for it. But no specific pattern or indicator setup/signal. Only what I see and feel at that moment.

I am fine doing so. Still have lots of questions probably never can be answered :-D
  • #102,372
  • Apr 6, 2020 8:13pm Apr 6, 2020 8:13pm
Attached Image (click to enlarge)
Click to Enlarge Name: 20200417-1.png Size: 89 KB

green above red and 50 level,try to long
  • #102,373
  • Apr 6, 2020 9:04pm Apr 6, 2020 9:04pm
I know that adding EA on the chart will lose the inherent nature of the TMS-5 method that BigE has devised but I always trade according to BigE's principles. EA is added to alert mode when a signal is available. At that time, I would consider the basics that BigE put forward that is the 4x principle and I still trade manually ,EA just to warn me. So nothing is changing TMS 5.
Thank you! Emmanuel7788!
  • #102,374
  • Apr 6, 2020 9:08pm Apr 6, 2020 9:08pm
Quoting emmanuel7788
AUDJPY Apr 07 M15 first trade for today, now BE . simple setup rules yesterday 2 wins 1 loss. {image}

hi emmanuel,could you plz share your tms v19 set?

thanks
  • #102,375
  • Apr 6, 2020 10:27pm Apr 6, 2020 10:27pm
USDJPY Apr 07 M15 trade closed

this week - 2 trades so far, 2 winners 0 losers.

USDJPY M15 trading hours ... Tokyo open till New York Close. Do not trade during the first 2~3 hours Sydney Open.... wait till TOK open!
The same for AUDUSD and AUDJPY. Sometimes you will missed some good trade setups but that's is something I learn to accept. But when I am looking at my charts, I will trade manually when I see good setups and not wait for the EA.

Set your SL and TP based on recent H1 ATR.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Apr 07 M15 trade closed 7-4-2020 11-17-09 am.png Size: 66 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,376
  • Apr 6, 2020 10:35pm Apr 6, 2020 10:35pm
Quoting amanda0625
{quote} hi emmanuel,could you plz share your tms v19 set? thanks

hi Amanda

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 TMS 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.

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 are two important posts which you need to learn and master - Post#261 and Post#647. You will then input your own parameters in the EA and let it run.

Study the Manual and ask any question you have with those inputs.

go to these links and download the TMS_V19 Tools,

Manual
https://www.forexfactory.com/showthr...57#post5070757


Expert Advisor
download this version here:
https://www.forexfactory.com/showthr...87#post5079087

Don't be shy to ask questions and I know there are many different combination of those TMS settings. Setting up the EA to trade according to specific technical conditions require a thorough understanding of how the EA was coded. You can only forward test in live market to learn and benefit from it. There are some very good setup conditions in that EA which can be used to filter only the better trade setups and you won't be trading blindly the TDI green cross red. I will be posting lots of live charts examples for you.

Have Fun reading the TMS_V19 Manual. Remember ... read, study, learn and take notes of your own.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,377
  • Apr 6, 2020 10:46pm Apr 6, 2020 10:46pm
Shamed. After 3days hard work, read back the manual, try many different setting, the EA is simply not work for me.
  • #102,378
  • Apr 6, 2020 10:48pm Apr 6, 2020 10:48pm
Quoting Jonhathan123
I know that adding EA on the chart will lose the inherent nature of the TMS-5 method that BigE has devised but I always trade according to BigE's principles. EA is added to alert mode when a signal is available. At that time, I would consider the basics that BigE put forward that is the 4x principle and I still trade manually ,EA just to warn me. So nothing is changing TMS 5. Thank you! Emmanuel7788!
hi Jonhathan

placing TMS_V19 on any chart will not "lose the inherent nature of the TMS-5 method that BigE has devised". In fact, if you setup the trading hours correctly on H4 you can trade the 10PM, 2AM and 6AM H4 candle period exactly how Big E traded as in his Post#1.
the 5-Method basics are in Post#261 and to some degree how you would like to see Post#647 when you trade H4.
Big E has several discretionary rules for entry and exits which cannot be programmed into any EA.

you must consider the technical indicators' Exit conditions under Trade Closure Signals and the Trade Management rules which you need to input in the EA. There are a few trade management features built-in.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 Step 7 Trade Closure 7-4-2020 11-44-24 am.png Size: 43 KB


Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 Trade Management settings 7-4-2020 11-45-35 am.png Size: 66 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,379
  • Apr 6, 2020 10:58pm Apr 6, 2020 10:58pm
Quoting emmanuel7788
{quote} hi Jonhathan placing TMS_V19 on any chart will not "lose the inherent nature of the TMS-5 method that BigE has devised". In fact, if you setup the trading hours correctly on H4 you can trade the 10PM, 2AM and 6AM H4 candle period exactly how Big E traded as in his Post#1. the 5-Method basics are in Post#261 and to some degree how you would like to see Post#647 when you trade H4. Big E has several discretionary rules for entry and exits which cannot be programmed into any EA. you must consider the technical indicators' Exit conditions under...
thank you very much!!!
Thank you so much for your helpful sharing!
  • #102,380
  • Apr 6, 2020 10:59pm Apr 6, 2020 10:59pm
AUDUSD Apr 07 M15 trade running ... UPDATE!

Look at the setup insert chart,

Note, when you use TDI Dynamic entry you do not wait for the bar/candle to close hence you are chasing the price and end up buying at a high price and wide spread.
You need to consider the TDI Static entry. This is important during news trading hour otherwise you will be buying and selling at the tail end of the price spikes.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Apr 07 M15 trade update 7-4-2020 11-52-40 am.png Size: 132 KB
Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 Step 5 TDI Dynamic vs Static 7-4-2020 11-57-22 am.png Size: 64 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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