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Trading Made Simple

  • #102,561
  • Apr 12, 2020 7:17pm Apr 12, 2020 7:17pm
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: //// Regards

Forex37

Like you, I am a huge fan of both SteveHopwood and seller9.

I learned a lot from Steve' Multi-Purpose Trade Manager MPTM when I started mql4 development in 2008. Today I am still using his MPTM build into my own TMS MEME trade manager. You will find most of Steve work in his own SHF forum.

seller9 is another great mql4 developer and he is one of the major contributor to the development of TMS tools. He is exceptional few who knows the markets and can trade the markets plus his highly skill programming.

Like you, I follow every TMS related thread and also every thread that uses the Trader Dynamic Index TDI in Forex Factory. I have enormous appetite for knowledge.

Trade Well, Stay Home and Stay Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,562
  • Apr 12, 2020 9:32pm Apr 12, 2020 9:32pm
Quoting Tekkies
{quote} That is what you want to believe. ///----- - 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 ///
Tekkies

This is just one of your many beliefs caused by your mental bias and jealousy.

---------------------
That is what you want to believe. ///----- - 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.

---------------------

1) Running TMS_V19 EA will not make traders lazy the way you think. Only the traders themselves who are smart will become lazy traders using the right tools. Nothing wrong to become lazy traders and make money using smart tools.

2) TMS_V19 has many feature settings which will perform as filter for Post#647. I will continue to post many live trade charts examples and you will learn them too.

Use the TMS_v19 EA as a trading tool to be your live market trading tutor. This way you can run that EA in many currency pairs you want and will learn to spot the trade setups quicker raher than trading manually with one or two pairs. Do NOT trade live with real money.


Now go back to this post and follow …
Post#102,542
https://www.forexfactory.com/showthr...6#post12871196
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,563
  • Apr 12, 2020 9:50pm Apr 12, 2020 9:50pm
TMS_V19 Q&A

I have said this before and this is also explained in the Manual.

You do not need any indicators on your TMS_V19 trading charts.

Reason why I post my charts with the required indicators is for you to look at the charts and observe the 4 mains indicators of TMS 5-Method according to the OP Post#261 and his template.

A below is what a trading chart looks like

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP TMS_V19 chart 13-4-2020 8-28-56 am.png Size: 51 KB


B is what I post for your to study.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP TMS_V19 B demo chart 13-4-2020 8-29-28 am.png Size: 103 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,564
  • Apr 12, 2020 9:57pm Apr 12, 2020 9:57pm
Quoting emmanuel7788
TMS_V19 Q&A I have said this before and this is also explained in the Manual. You do not need any indicators on your TMS_V19 trading charts. Reason why I post my charts with the required indicators is for you to look at the charts and observe the 4 mains indicators of TMS 5-Method according to the OP Post#261 and his template. A below is what a trading chart looks like {image} B is what I post for your to study. {image}
Hi emmanuel7788 Can you show me how to identify trends to choose for EA frame M15 Buyer or Seller every day? I have learned about Triple Screen Trading System so should we look at the H4 and H1 Timeframes every day to determine the main trend for M15?
  • #102,565
  • Apr 12, 2020 10:23pm Apr 12, 2020 10:23pm
Quoting Jonhathan123
{quote} Hi emmanuel7788 Can you show me how to identify trends to choose for EA frame M15 Buyer or Seller every day? I have learned about Triple Screen Trading System so should we look at the H4 and H1 Timeframes every day to determine the main trend for M15?

hi Jonhathan

different traders use different approaches when it come to trend determination.

the basic TMS 5-Method uses the 5EMA, Typical Price,Shift+3 ( or Shift+2) depends on which Big E post you read and follow.
this same 5EMA approach is for the direction for Buy or Sell.
It is simple,
HA candle above 5EMA > Buy
HA candles below 5EMA is Sell.
this simple approach apply to you trading timeframe, if you trade M15 then apply this to M15 chart TF.

Now that you have learned Triple Screen Trading system approach, then you decide on the timeframe ratio 4:1
M15 > H1 is 4:1
H1 > H4 is 4:1
this is why I skip the M30.

apply the same 5EMA to M15, H1 and H4.

this will not guarantee that you will have winning trades so easy. This only help you to pick the trade direction to be in harmony with H4 > H1 and M15.

lots of other factors you need to consider and to help you achieve the win rate you want.

next is what to input in your TMS_V19 EA for demo trading tutorial ...

stay tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,566
  • Apr 12, 2020 10:28pm Apr 12, 2020 10:28pm
Quoting emmanuel7788
{quote} hi Jonhathan different traders use different approaches when it come to trend determination. the basic TMS 5-Method uses the 5EMA, Typical Price,Shift+3 ( or Shift+2) depends on which Big E post you read and follow. this same 5EMA approach is for the direction for Buy or Sell. It is simple, HA candle above 5EMA > Buy HA candles below 5EMA is Sell. this simple approach apply to you trading timeframe, if you trade M15 then apply this to M15 chart TF. Now that you have learned Triple Screen Trading system approach, then you decide on the timeframe...
Thank you and I will always follow you every time you post! I will continue to study
  • #102,567
  • Apr 12, 2020 11:02pm Apr 12, 2020 11:02pm
Quoting emmanuel7788
Happy Easter Monday Folks, No trading today! {image}
Happy Easter Emannuel

Im very new at this forum and in trading generally, as you can see i dont even have a complete profilehere, but i will finish it soon. I found out about TMS just yesterday and was going trough the posts, but manage to get till 50 just its so much information to go through im happy i found about about the TMS EA which can help us identify the valid trade setups. Can make life and also learning much more easier. Would you be so kind and advise me maybe where can i find basic info about the EA how to use it etc because i came so late and im lost in all these ainformations.

Anyway i will try to continue to learn from the begining from Big E posts and other member posts but meanwhile starting to learn how to use the EA would be nice also.

Btw im Jozef, nice to meet u all guys
  • #102,568
  • Apr 12, 2020 11:33pm Apr 12, 2020 11:33pm
Quoting Jonhathan123
{quote} Thank you and I will always follow you every time you post! I will continue to study

hi Jonhathan

Do not just follow me. Also learn from other traders who contribute in Forex factory.

EURUSD Week 16 H1 settings.

Trading timeframe : H1
TDI higher timeframe : H4
Trend 2/8 is D1

Use Candle Pattern : True.

TP : 5.0 x ATR
Sl 2.0 x ATR

Trade Management: BE set to +20 pips
Use Candlestick Trailing 1 candle, Activate after 20 pips.
BE+ is 3 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Apr 13 H1 w H4 13-4-2020 12-28-14 pm.png Size: 116 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EUR H1 Week 16 13-4-2020 12-35-40 pm.png Size: 55 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EUR H1 Week 16 13-4-2020 12-36-02 pm.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,569
  • Apr 12, 2020 11:40pm Apr 12, 2020 11:40pm
Quoting emmanuel7788
{quote} hi Jonhathan Do not just follow me. Also learn from other traders who contribute in Forex factory. EURUSD Week 16 H1 settings. Trading timeframe : H1 TDI higher timeframe : H4 Trend 2/8 is D1 Use Candle Pattern : True. TP : 5.0 x ATR Sl 2.0 x ATR Trade Management: BE set to +20 pips Use Candlestick Trailing 1 candle, Activate after 20 pips. BE+ is 3 pips. {image} {image} {image}

rest of TMS_V19 input

Attached Image (click to enlarge)
Click to Enlarge Name: EUR H1 Week 16 13-4-2020 12-36-28 pm.png Size: 57 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EUR H1 Week 16 13-4-2020 12-36-47 pm.png Size: 54 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EUR H1 Week 16 13-4-2020 12-37-19 pm.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,570
  • Apr 12, 2020 11:50pm Apr 12, 2020 11:50pm
Quoting Jonhathan123
{quote} Hi emmanuel7788 Can you show me how to identify trends to choose for EA frame M15 Buyer or Seller every day? I have learned about Triple Screen Trading System so should we look at the H4 and H1 Timeframes every day to determine the main trend for M15?
EURUSD H1 Week 16 Apr 13

reference Post#647

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1 Week 16 13-4-2020 12-44-42 pm.png Size: 116 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,571
  • Apr 13, 2020 12:30am Apr 13, 2020 12:30am
[quote = emmanuel7788; 12872368] {quote} EURUSD H1 Tuần 16 ngày 13 tháng 4 Tài liệu tham khảo Bài # 647 {image} [/ quote]
so we will have less trading signals but it will help us filter out the noise. I am also using the strategy for EA frame M15 following the trend of H4 and TDIC1 H1 according to you only with a 4: 1 ratio.
  • #102,572
  • Apr 13, 2020 12:39am Apr 13, 2020 12:39am
Quoting Jonhathan123
[quote = emmanuel7788; 12872368] {quote} EURUSD H1 Tuần 16 ngày 13 tháng 4 Tài liệu tham khảo Bài # 647 {image} [/ quote] so we will have less trading signals but it will help us filter out the noise. I am also using the strategy for EA frame M15 following the trend of H4 and TDIC1 H1 according to you only with a 4: 1 ratio.
when you want to trade M15, you need a large number of trades and to have a marginal positive win-loss ratio.

there are different ways to mitigate the risks when trading M15. you can trade many trade setup signals -

- trading TF with TDI + Stoch = M15
- trading TDIC1 = M30
- trend 2/8 set to H1
- TP and SL based on ATR but use BE+ quickly to Cut-Losses short.
- let trade hit TP or TSL after BE+

with the above setup parameters, you can already see how many trades today ,




AUDUSD
EURUSD
GBPUSD
USDCAD

AUDJPY
EURJPY
USDJPY
GBPJPY (*caution with this dragon)

try that in demo on the 4 pairs USD and 4 pair JPY pairs not EURGBP.

you can also trade manually pull the sell trigger by looking at M15 H1 price action with 5EMA ... when you see the Stoch and TDI cross down when the Trend 2/8 show red bar and TDIC1 M30 show red.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Apr 13 M15 w M30 and H1 T2-8 13-4-2020 1-43-42 pm.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,573
  • Apr 13, 2020 12:47am Apr 13, 2020 12:47am
Quoting emmanuel7788
{quote} when you want to trade M15, you need a large number of trades and to have a marginal positive win-loss ratio. there are different ways to mitigate the risks when trading M15. you can trade many trade setup signals - - trading TF with TDI + Stoch = M15 - trading TDIC1 = M30 - trend 2/8 set to H1 - TP and SL based on ATR but use BE+ quickly to Cut-Losses short. - let trade hit TP or TSL after BE+ with the above setup parameters, you can already see how many trades today , try that in demo on the 4 pairs USD and 4 pair JPY pairs not EURGBP....
I am still learning to test on a demo account before going to practice on a real account. Even so I thought I would use the EA for the H1 framework on my current account
  • #102,574
  • Apr 13, 2020 12:59am Apr 13, 2020 12:59am
Quoting hyipexpert
{quote} Happy Easter Emannuel Im very new at this forum and in trading generally, as you can see i dont even have a complete profilehere, but i will finish it soon. I found out about TMS just yesterday and was going trough the posts, but manage to get till 50 just its so much information to go through im happy i found about about the TMS EA which can help us identify the valid trade setups. Can make life and also learning much more easier. Would you be so kind and advise me maybe where can i find basic info...
Hi Jozef

Welcome to TMS!

This thread has a very long history going back to the OP' old thread which was moved to the Commercial Content forum.

There are reasons why the OP started this thread in Trading System forum and moved the 5-Method discussion here.

It would be good for you if you want to follow the OP trading journey from when he started as a newbie in Forex Factory in 2008 till his last post #12,912 in this thread... is to read this thread starting at Post#1 to Post#12,912. At one point you will follow his post and go back to the old thread for more of his training charts and trade examples.

Post#110, pioneer member snarlyjack gave a summary of the OP's journey.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,575
  • Apr 13, 2020 1:04am Apr 13, 2020 1:04am
Quoting eelfranz
Sree1, I'd say pick the charts you like to trade and understand their movements... breathing patterns... I always like to have the E/U, G/U and A/U side by side on top plus one more chart. Those three charts tend to move together in the same direction. So if I see a set up on one I usually find a set up on one or both on the other pairs. I've made a lot of pips trading all three at the same time. I usually include 2-3 Japaneese charts... a Usd/Cad chart. Always end up with 8 charts on one page. Dean trades these on top...e/u, g/u e/j, a/u left to...
Why does Dean include both EURUSD and USDCHF in the same window? Does anyone find USDCHF a bit redundant?
  • #102,576
  • Apr 13, 2020 1:15am Apr 13, 2020 1:15am
Quoting yokoten
{quote} Why does Dean include both EURUSD and USDCHF in the same window? Does anyone find USDCHF a bit redundant?

back in those years, USDCHF and EURUSd are inversely correlated

but in recent times this is not always the case.

Edit compare Weekly

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD vs USDCHF Weekly 13-4-2020 2-19-31 pm.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,577
  • Apr 13, 2020 1:30am Apr 13, 2020 1:30am
Quoting Jonhathan123
{quote} I am still learning to test on a demo account before going to practice on a real account. Even so I thought I would use the EA for the H1 framework on my current account

looking at Frankfurt Open now, H1 moving but the TDI Green has not updated yet. If this current H1 closed with higher high + higher Close, the green will bounce of the red.

H4 TDIC1 green still below red, hence the signal is RED.

Trend 2/8 D1 is green.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Apr 13 H1 FO w H4 13-4-2020 2-25-49 pm.png Size: 85 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,578
  • Apr 13, 2020 1:52am Apr 13, 2020 1:52am
Quoting Jonhathan123
{quote} Hi emmanuel7788 Can you show me how to identify trends to choose for EA frame M15 Buyer or Seller every day? I have learned about Triple Screen Trading System so should we look at the H4 and H1 Timeframes every day to determine the main trend for M15?
Try this: Post 95,593
  • #102,579
  • Apr 13, 2020 2:15am Apr 13, 2020 2:15am
Quoting Jonhathan123
{quote} I am still learning to test on a demo account before going to practice on a real account. Even so I thought I would use the EA for the H1 framework on my current account

Quoting emmanuel7788
{quote} looking at Frankfurt Open now, H1 moving but the TDI Green has not updated yet. If this current H1 closed with higher high + higher Close, the green will bounce of the red. H4 TDIC1 green still below red, hence the signal is RED. Trend 2/8 D1 is green. {image}

Look at H1 TDI, can you see the bounce?

Is the lagging TDI predictable?

Do you notice something else on the charts below?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Apr 13 H1 w H4 13-4-2020 3-10-37 pm.png Size: 86 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,580
  • Apr 13, 2020 3:18am Apr 13, 2020 3:18am
Quoting emmanuel7788
{quote} {quote} Look at H1 TDI, can you see the bounce? Is the lagging TDI predictable? Do you notice something else on the charts below? {image}
TDI 12/2 angle as theory Stochs confirm the trend However, TDI does not have any crossover and there is no confirmed candle pattern?
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