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Trading Made Simple

  • #102,541
  • Apr 11, 2020 12:24am Apr 11, 2020 12:24am
Quoting emmanuel7788
{quote} TMS_V19 Q&A I am still getting a few PMs asking me which is the correct TDI version to use when running the TMS_V19 EA. First, there is no correct or wrong version. There are only two versions I mention in the above post which you can use. The trading results will be different anyway depending on your input parameters in the EA settings. If you decide to use the TDI Red Green from Post#25 (candle close update) , then you simply make a copy of it and rename to the file name Traders_Dynamic_Index. If you want to use the real-time updating...
Dear emmunael7788 Can you show me how to choose between Buyer and Seller on EA? Do you see a higher time frame trend to determine this? If using EA M15, we will use the H1 or H4 frame to choose Seller or Buyer for EA?
  • #102,542
  • Apr 11, 2020 6:43am Apr 11, 2020 6:43am
Quoting Jonhathan123
{quote} Dear emmunael7788 Can you show me how to choose between Buyer and Seller on EA? Do you see a higher time frame trend to determine this? If using EA M15, we will use the H1 or H4 frame to choose Seller or Buyer for EA?

hi Jonhathan

Please see this recent Post#102,461

There is really a lot to learn about how to trade the market using the multi-time frame approach. One approach is Dr Alexander Elder Triple Screen Trading System which I adopted long time ago when I was trading the COWABUNGA system. This same tripe screen or triple time-frame approach I follow when trading TMS 5-Method.
Follow the price and its price action, use the APB/HA candles features and the 5EMA Typical Price, Shift+3 (or shift+2) as its direction for buy or sell.
The TDI lines are simply moving averages of the 13 RSI data which is the momentum of the price movement. Knowing to to reconcile the price trend and its momentum is important when we trade TMS 5-Method.

Learn the RSI well and know how to apply the RSI information when you trade. Once you know the RSI and you don't need the TDI.

study this book ...
RSI: The Complete Guide by John Hayden click to [download]

Trend Determination using the RSI (TDI)click to [download]


Triple Screen Trading System by Dr Alexander Elder Post#23,973, Post#55200, Post#62,175
Triple Screen trading systems : Post#55,203

When the market open on Tuesday Apr 14, I will post examples how to use the EA TMS_V19 to trade M15 and looking at H1 and H4 conditions and what the EA settings to use.

Remind me again just in case I get drawn away to other things next week.

Take Care and Stay Healthy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,543
  • Apr 11, 2020 9:57am Apr 11, 2020 9:57am
Quoting emmanuel7788
The lockdown is growing to more countries and has impact on daily lives and activities. Judging by the increasing number of PMs I get each day this is sign of members spending their stay at home time learning to trade the markets. Some members who have not posted in this TMS thread are asking questions, the same questions that have been asked during the time when the OP was alive, asking about the TDI settings and colour lines, etc. Many members whom have not communicated via PM for years are again talking ... ...
Good to see you again
  • #102,544
  • Apr 11, 2020 9:01pm Apr 11, 2020 9:01pm
Quoting emmanuel7788
{quote} both the TMA "Trend Period" and the Trend 2/8 are not used when trading TMS 5-Method. Trend 2/8 is explained in the Manual. It is useful when you trade the Daily chart. A lot of the add-on features to that EA were discussed in that SteveHopwood thread. https://www.forexfactory.com/showthread.php?t=292301
once again people are not reading and studying the TMS_V19 Manual and members are using their PM freely and asking questions.

TMS_V19 Q&A

what is Trend 2/8 -TF- displayed on the screen?

First, since that expert advisor was developed by SteveHopwood in May 2011, there were lots of experience sharing and discussions in his thread for 2 ~3 years and members have added on some other features and the EA evolved from the original version to V1 , then to V2 ... up to V19 which I am still running. There are newer add-ons in V20 to V22, but TMS_V19 is enough and it provides all the settings required to trade the way the OP Big E traded back in 2011.

Regarding Trend 2/8 see below is my explanation. This is another good add-on by other members and you can learn it and decide whether you want to trade with this add-on option.
I find setting that to D1 when will filter out only the better trade setup in M15, H1 and H4 but you will get fewer trades and with such higher timeframe trend filter.

If you trade M15 and also M5, try set that Trend 2/8 to H4 and you can count how many signals for each pair in one week.
Caution here, it is your own risk management, trade position size, scaling out trades, trade exit strategy and trade exit management that will determine your win-loss results, your trade Expectancy and your final profit&loss.

Other than reading and studying the Manual, you will learn a lot more when you read that SteveHopwood thread and learn from the more experienced TMS traders during those years 2010 and 2014.


Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 Trend 2-8 computation.png Size: 102 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,545
  • Apr 11, 2020 11:42pm Apr 11, 2020 11:42pm
Quoting emmanuel7788
{quote} once again people are not reading and studying the TMS_V19 Manual and members are using their PM freely and asking questions. TMS_V19 Q&A what is Trend 2/8 -TF- displayed on the screen? First, since that expert advisor was developed by SteveHopwood in May 2011, there were lots of experience sharing and discussions in his thread for 2 ~3 years and members have added on some other features and the EA evolved from the original version to V1 , then to V2 ... up to V19 which I am still running. There are newer add-ons in V20 to V22, but TMS_V19...
Emmanuel
Why are you posting in this thread about TMS_V19?
Why don't you post in the thread where you found TMS_V19?
Why don't you refer member's that what to use TMS_V19 and do follow you with a link to those post's?
  • #102,546
  • Apr 12, 2020 12:05am Apr 12, 2020 12:05am
Quoting Tekkies
{quote} Emmanuel Why are you posting in this thread about TMS_V19? Why don't you post in the thread where you found TMS_V19? Why don't you refer member's that what to use TMS_V19 and do follow you with a link to those post's?

Tekkies

Why can't I post here and to help members learn to trade TMS 5-Method and use the EA TMS_V19 to teach them how to spot trade setups in live market conditions ?

That SteveHopwood thread was moved to Commercial Content forum and we are in Trading System forum do not have any commercial interest .

We are all here to help one another in the same spirit the OP aka Big E of this thread mention in his Post#1.

You can start contributing here too and help others learn to trade Trading Made Simple the 5-Method.

Have a blessed Holy Week. Do good and be blessed.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,547
  • Apr 12, 2020 12:21am Apr 12, 2020 12:21am
Quoting Tekkies
{quote} Emmanuel Why are you posting in this thread about TMS_V19? Why don't you post in the thread where you found TMS_V19? Why don't you refer member's that what to use TMS_V19 and do follow you with a link to those post's?
Tekkies


Install TMS_V19 EA as your live market trading tutor.

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 and you will learn it by forward testing in live market conditions. Trying variations and conbinations of the EA settings in live market is one way to have a thorough understandding of how the EA was coded and you do not need to ask for the mq4 code files.
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 and studying 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
  • #102,548
  • Apr 12, 2020 12:25am Apr 12, 2020 12:25am
Quoting castlebrook
{quote} Good to see you again

hi castlebrook

welcome back to TMS!

stay around during this Covid-19 pandemic trade TMS with TMS_V19 expert advisor ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,549
  • Apr 12, 2020 3:33am Apr 12, 2020 3:33am
Quoting emmanuel7788
{quote} Tekkies Why can't I post here and to help members learn to trade TMS 5-Method and use the EA TMS_V19 to teach them how to spot trade setups in live market conditions ? That SteveHopwood thread was moved to Commercial Content forum and we are in Trading System forum do not have any commercial interest . We are all here to help one another in the same spirit the OP aka Big E of this thread mention in his Post#1. You can start contributing here too and help others learn to trade Trading Made Simple the 5-Method. Have a blessed Holy Week. Do...
Becuase BigE asked members not discuss other indicators or Expert in this thread.
Now you have posted that you admire and have respect for BigE.
Post 802
OK Gang..... I've already posted I don't want anything to do with an EA for this method... so someone puts one on a post... STOP.
Anyone using it will lose money because they can't think like you.... and you will be put on the Ignore list... Can I make it plainer than that?
2 people have lost their privelage to post ever again just today... I'm serious...

No matter what reasons or how pure your motivations are, how fast would BigE put you on the Ignore list?
  • #102,550
  • Apr 12, 2020 3:56am Apr 12, 2020 3:56am
Quoting emmanuel7788
{quote} Tekkies Install TMS_V19 EA as your live market trading tutor. 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...
No thanks.
Doing just fine with trading from TDI crossover to TDI crossover with green angle above / below 2 / 4.
O yes, last year Post 95,597:
Later much later you will be able to drop some indicators from chart like I did with HA and 5EMA. (Maybe next year Stoch like snarlyjack did).
====
Don't forget Post#647.
Attached Image (click to enlarge)
Click to Enlarge Name: nothanks.PNG Size: 36 KB
  • #102,551
  • Apr 12, 2020 4:11am Apr 12, 2020 4:11am
Quoting Tekkies
{quote} Becuase BigE asked members not discuss other indicators or Expert in this thread. Now you have posted that you admire and have respect for BigE. Post 802 OK Gang..... I've already posted I don't want anything to do with an EA for this method... so someone puts one on a post... STOP. Anyone using it will lose money because they can't think like you.... and you will be put on the Ignore list... Can I make it plainer than that? 2 people have lost their privelage...

Tekkies

that Post 802 was May 01, 2011 and he was referring to other robots before that date.

and SteveHopwood thread started on that same day May 01,2011.
https://www.forexfactory.com/showthread.php?t=292301

Big E could not have foreseen that and he never knew that thread back then because he was already very ill and was in-and-out of hospital until his last post #12,912.

You are still a laggard and not catching up with other TMS traders in that SteveHopwood thread. There are lots of experience shared and discussed in that thread while the Expert was being developed and enhanced from V1 to V22. You only need up to V19 becasue this version covers all the possibles setups including Big E reversal candles setups and bounce trade setups. The best thing is that TMS_V19 also help traders with Post#647 eliminating the low probability a d 'iffy' types of trades

here go back to Post#102,549
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,552
  • Edited 6:35am Apr 12, 2020 4:20am | Edited 6:35am
Quoting Tekkies
{quote} No thanks. Doing just fine . O yes, last year Post 95,597: Later much later you will be able to drop some indicators from chart like I did with HA and 5EMA. (Maybe next year Stoch like snarlyjack did). ==== Don't forget Post#647. {image}

Tekkies

Why bother with manual trading from TDI crossover to TDI crossover with green angle above / below 2 / 4?

The Expert Advisor EA TMS_V19 can trade fully auto and filtering according to Post#647.
Your TDI angle 12-2 and 4-6 is obsolete now that we know TMS_V19 calculated the TDI green Price Line to a computed value and define the trade and no-trade zone.
Your TDI angle 12-2 and 4-6 is obsolete because more traders are using their mobile to trade and the 12-2 and 4-6 angle is rubbish with the narrow aspect ration of most mobile phones.

here go back to Post#102,549

and run that for the next 3 months and you can compare your manually trading and that of TMS_V19.

Hopefully, by then that coronavirus thing would be terminated.

see GBPJPY chart example below:

Edit forgot chart...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY TDI angle zone.png Size: 82 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,553
  • Apr 12, 2020 6:52am Apr 12, 2020 6:52am
[quote=emmanuel7788;12871149]{quote} once again people are not reading and studying the TMS_V19 Manual and members are using their PM freely and asking questions. TMS_V19 Q&A what is Trend 2/8 -TF- displayed on the screen? First, since that expert advisor was developed by SteveHopwood in May 2011, there were lots of experience sharing and discussions in his thread for 2 ~3 years and members have added on some other features and the EA evolved from the original version to V1 , then to V2 ... up to V19 which I am still running. There are newer add-ons in V20 to V22, but TMS_V19 is enough and it provides all the settings required to trade the way the OP Big E traded back in 2011. Regarding Trend 2/8 see below is my explanation. This is another good add-on by other members and you can learn it and decide whether you want to trade with this add-on option. I find setting that to D1 when will filter out only the better trade setup in M15, H1 and H4 but you will get fewer trades and with such higher timeframe trend filter. If you trade M15 and also M5, try set that Trend 2/8 to H4 and you can count how many signals for each pair in one week. Caution here, it is your own risk management, trade position size, scaling out trades, trade exit strategy and trade exit management that will determine your win-loss results, your trade Expectancy and your final profit&loss. Other than reading and studying the Manual, you will learn a lot more when you read that SteveHopwood thread and learn from the more experienced TMS traders during those years 2010 and 2014. {image}[/quote


TMS_V19 Q&A

another PM asking about the ATR Pip Range.

that ATR Pip Range is based on the chart TF ATR(100) period and it is that ATR of the previous 10th bar from the current bar.

some of you could not figure out why the difference when you place a ATR(100) on your chart TF and there is a slight difference in the ATR value.
You will see the ATR value of the 10th bar in your Data Window when you place your cursor or cross hair over the 10th bar.

see my explanation comments on the chart example below.
Attached Image (click to enlarge)
Click to Enlarge Name: ATR value current bar and 10th bar.png Size: 127 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,554
  • Apr 12, 2020 10:29am Apr 12, 2020 10:29am
Quoting emmanuel7788
{quote} Tekkies that Post 802 was May 01, 2011 and he was referring to other robots before that date. and SteveHopwood thread started on that same day May 01,2011. https://www.forexfactory.com/showthread.php?t=292301 Big E could not have foreseen that and he never knew that thread back then because he was already very ill and was in-and-out of hospital until his last post #12,912. You are still a laggard and not catching up with other TMS traders in that SteveHopwood...
That is what you want to believe.
You are not BigE so please stop the wishful assumptions.
- No matter what reasons or how pure your motivations are, how fast would BigE put you on the Ignore list?
-----

So I have to catch up on:
- Since time beginning > Harris thread
- February > Lower risk, stress free TDI system thread
- March > TMS Monitor thread
- This month > SteveHopwood thread.
What thread is it going to be next month?
------
- TMS_V19 also help traders with Post#647
Bullshit.
It make them lazy, don't care trader's that never will learn to trade with a clean prize chart.
My mistake, you probably forgot all about Post 2,617

You are allover the show, Emmanuel.
No consistence in any of your post's.
No matter what reasons or how pure your motivations are, how fast would BigE put you on the Ignore list?
  • #102,555
  • Apr 12, 2020 12:05pm Apr 12, 2020 12:05pm
Although I`m a big fan of seller9 and his (not Steve Hopwood`s) EA and a follower of ALL TMS related threads since their very first posts:

BigE firmly requested EAs not to be posted on his thread - same applies to any deviations from his general TMS scheme, especially timeframes below H1.

That`s why you will find many separate threads on only slighly changed trading recipes. BigE requested the thread to be pure, clean and uncluttered.

Emm is doing a wonderful job to help newbies -yet he`s deviating with his trading and recommendations often from BigE`s teachings and legacy.

Regards
  • #102,556
  • Apr 12, 2020 12:39pm Apr 12, 2020 12:39pm
Quoting Forex37
Although I`m a big fan of seller9 and his (not Steve Hopwood`s) EA and a follower of ALL TMS related threads since their very first posts: BigE firmly requested EAs not to be posted on his thread - same applies to any deviations from his general TMS scheme, especially timeframes below H1. That`s why you will find many separate threads on only slighly changed trading recipes. BigE requested the thread to be pure, clean and uncluttered. Emm is doing a wonderful job to help newbies -yet he`s deviating with his trading and recommendations often from...
'especially timeframes below H1"
Are you sure about that?
Post 731
According to his post's he did not like to trade below H1.
  • #102,557
  • Apr 12, 2020 1:16pm Apr 12, 2020 1:16pm
Quoting emmanuel7788
{quote} hey Tekkies well, I need to drive into his warp mind the meaning of my post so that one day he will see the 'light at the end of his tunnel' otherwise else he'll get run over by an oncoming train.. you do not need the mq4 file to use that EA TMS_V19. knowing the code is not required to trade TMS 5-Method. you need to understand how Big E traded H4 and that TMS_V19 works well when you trade the 10PM, 2AM and 6AM candle periods. I have the forward tests with few other members. Now it is up to you to do your own forward testing. the owner of...
Is that EST? Thanks.
  • #102,558
  • Apr 12, 2020 6:28pm Apr 12, 2020 6:28pm
Quoting castlebrook
{quote} Is that EST? Thanks.
Big E' home Portland, Oregon is PDT and he was using broker FXDD server time back in 2011.

https://www.timeanddate.com/time/map/
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,559
  • Apr 12, 2020 6:30pm Apr 12, 2020 6:30pm
Happy Easter Monday Folks,

No trading today!

Attached Image (click to enlarge)
Click to Enlarge Name: Happy Easter 2020 TMS_V19.png Size: 655 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,560
  • Apr 12, 2020 7:05pm Apr 12, 2020 7:05pm
Quoting Forex37
///. Emm is doing a wonderful job to help newbies -yet he`s deviating with his trading and recommendations often from BigE`s teachings and legacy. Regards

hi Forex37



I will continue doing what you considered "a wonderful job to help newbies" and I will help anyone not just then newbies who want to learn EVERYTHING and following the trading journey of the OP aka Big E here in Forex Factory.

But I need your help now. Please tell us and list down the "yet he`s deviating with his trading and recommendations often from BigE`s teachings and legacy"

and I will explain them the best I can. I have more time on my hand now that we are all in lockdown.

Trade Well, Stay Home and Stay Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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