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Trading Made Simple

  • #102,761
  • Apr 18, 2020 2:17am Apr 18, 2020 2:17am
Quoting Tekkies
{quote} Post 95,995 Try to understand Mark Twain. Until next time.

Tekkies

that Mark Twain quotation is what Davit used on you and your "level of stupidity is staggering"
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,762
  • Apr 18, 2020 5:21am Apr 18, 2020 5:21am
Quoting emmanuel7788
{quote} Tekkies you are still confused after 4 long years. hindsight trading is when you plot buy and sell vertical lines on your history charts after the TDI has been repainted. Post 102,611 was a question and also explanation of the TMS_V19 information and settings, those setting were input at the beginning of the day and traders wait for those conditions to be updated as each H1 bar/candle closes in realtime live market. Those TMS_V19 information are the prevailing...
I see.
- When you plot buy and sell vertical lines on history charts after the TDI has been repainted it is hindsight trading.
- When you markup historical charts it is current and relevant.
Attached Image (click to enlarge)
Click to Enlarge Name: hindsigre.png Size: 134 KB

Are you living in a bubble?
  • #102,763
  • Apr 18, 2020 8:53am Apr 18, 2020 8:53am
I have set up TMS_V19_MTF EA but cant get the strategy tester to open any trades to back test. Has anyone got some set files for me to try or give advice on the issue please?

Thanks.
  • #102,764
  • Apr 18, 2020 9:25am Apr 18, 2020 9:25am
Quoting jan.forex
I have set up TMS_V19_MTF EA but cant get the strategy tester to open any trades to back test. Has anyone got some set files for me to try or give advice on the issue please? Thanks.
It cannot be backtested and even if so it won’t help you.
  • #102,765
  • Apr 18, 2020 10:56am Apr 18, 2020 10:56am
Quoting lddd
{quote} It cannot be backtested and even if so it won’t help you.
why IDDD
is it because of the repaint ?
  • #102,766
  • Apr 18, 2020 11:23am Apr 18, 2020 11:23am
Quoting samobeast
{quote} why IDDD is it because of the repaint ?
I am not the expert here for that but I think so yes.
  • #102,767
  • Apr 18, 2020 4:08pm Apr 18, 2020 4:08pm
Quoting Tekkies
{quote} I see. - When you plot buy and sell vertical lines on history charts after the TDI has been repainted it is hindsight trading. - When you markup historical charts it is current and relevant. {image} Are you living in a bubble?
Tekkies

do you still believe the TDI is your Holy Grail after 4 years?

your post#102,709 is hindsight trading.
it does not matter how you do your "rewiring" and or how much "rewiring" in your brain, you will lose the shirt on your back.
Trading from TDI cross to TDI cross is what your brokers love to see traders trade. You are promoting the modus operandi of brokers to make money for themselves.


Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #102,709 19-4-2020 7-05-00 am.png Size: 195 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #102,709 chart 19-4-2020 7-03-35 am.png Size: 204 KB


Grow UP Tekkies! It is year 2020.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,768
  • Apr 19, 2020 10:48am Apr 19, 2020 10:48am
Quoting emmanuel7788
{quote} Tekkies do you still believe the TDI is your Holy Grail after 4 years? your post#102,709 is hindsight trading. it does not matter how you do your "rewiring" and or how much "rewiring" in your brain, you will lose the shirt on your back. Trading from TDI cross to TDI cross is what your brokers love to see traders trade. You are promoting the modus operandi of brokers to make money for themselves. {image} {image} Grow UP Tekkies! It is year 2020.
You missed the "(Hint: break-even and stop-loss)".
  • #102,769
  • Apr 19, 2020 2:33pm Apr 19, 2020 2:33pm
Quoting Tekkies
{quote} You missed the "(Hint: break-even and stop-loss)".
  • #102,770
  • Apr 19, 2020 4:02pm Apr 19, 2020 4:02pm
Quoting Tekkies
{quote} You missed the "(Hint: break-even and stop-loss)".
Quoting emmanuel7788
{quote} Tekkies do you still believe the TDI is your Holy Grail after 4 years? your post#102,709 is hindsight trading. it does not matter how you do your "rewiring" and or how much "rewiring" in your brain, you will lose the shirt on your back. Trading from TDI cross to TDI cross is what your brokers love to see traders trade. You are promoting the modus operandi of brokers to make money for themselves. {image} {image} Grow UP Tekkies! It is year 2020.

Tekkies

my question was and your reply post just confirmed that.

do you still believe the TDI is your Holy Grail after 4 years?

and you detracted to your "(Hint: break-even and stop-loss)"

break-even and stop-loss cannot be holy grail because Each Entry must have Two Exits. You should know by now why Two Exits.
The initial stop-loss is what your trade risk "R" is and that is what you should use to calculate your trade Position Size.
Capital Protection is an example of Risk Management and that is when you move one of the Exit to Breakeven.
You will have many straight losses because many trades will not move in your favour and allow you to move your initial Stop Loss.

your chart shows you do not follow TDI for exit and also did not use Capital Protection as Risk Management. There is no consistency in your Buy and Sell marked on your chart below.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #102,709 chart 19-4-2020 7-03-35 am.png Size: 204 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,771
  • Apr 19, 2020 4:10pm Apr 19, 2020 4:10pm
Why do you guys dislike each other so much? Which one makes the most ROI?
  • #102,772
  • Apr 19, 2020 4:10pm Apr 19, 2020 4:10pm
Quoting emmanuel7788
{quote} {quote} Tekkies my question was and your reply post just confirmed that. do you still believe the TDI is your Holy Grail after 4 years? and you detracted to your "(Hint: break-even and stop-loss)" break-even and stop-loss cannot be holy grail because Each Entry must have Two Exits. You should know by now why Two Exits. The initial stop-loss is what your trade risk "R" is and that is what you should use to calculate your trade Position Size. Capital Protection is an example of Risk Management and that is when you move one of the Exit to Breakeven....
Why do you have the TDI on your charts and even post about a EA that is mainly based around the TDI?
  • #102,773
  • Apr 19, 2020 4:43pm Apr 19, 2020 4:43pm
Quoting lddd
{quote} Why do you have the TDI on your charts and even post about a EA that is mainly based around the TDI?

lddd

the TDI has been a part of my trading journey following the OP' posts in Forex Factory. That is not a Holy Grail indicator. No technical studies oscillators based system are holy grail systems. Any one making such claims are liars.

I switched back to the Fozzy-RSI which I have using for very long time since I started with the RSI.
Fozzy-RSI do not have the re-painting issue which is inherent in Dean Malone TDI released in 2005.

The TMS_V19 EA is used to provide the trade setup signals according to the OP' trading style and has worked for years. Other added-on features by other members may not work that well, some do work differently and may be better for more conservative traders.

My conclusion having followed SteveHopwood' thread is the TMS_V19 should not be used as a trading robot running 24x7.
Use that EA as a live market tutor when traders are new to TMS 5-Method and learn online in live market conditions.
Use that EA only for alert signals for the technical conditions you want to look for to trade and you make the decision to pull the trigger.
Trading TMS 5-Method on higher timeframes - H4 and D1 is better than on H1 and M15.
The choice of the Traders_Dynamic_Index version also will produce different results.

I still have lots of PMs last few days and I will reply them with live market chart examples this week. There is no generic set files for the EA because there are too many variables and different market type conditions which the traders must decide themselves.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,774
  • Apr 19, 2020 8:22pm Apr 19, 2020 8:22pm
USDJPY Apr 20 M15 Tokyo session

TMS_V19 EA shows the various technical conditions but it does not say anything about previous price action and support & resistance.

The traders must decide using their own discretionary rules from their own knowledge and experience just like the OP of this thread.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Apr 20 M15 TOK 20-4-2020 11-13-43 am.png Size: 88 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,775
  • Apr 19, 2020 8:56pm Apr 19, 2020 8:56pm
Quoting jan.forex
I have set up TMS_V19_MTF EA but cant get the strategy tester to open any trades to back test. Has anyone got some set files for me to try or give advice on the issue please? Thanks.
jan

have your read all the posts from Post#1 to Post#12,912?

next, read this post#101,981 by lddd.
https://www.forexfactory.com/showthr...1#post12837791

my reply post#102,015
https://www.forexfactory.com/showthr...9#post12839149

read all post on TMS_V19 from Post#102,015 on and take notes on how to use this TMS_V19 EA.

if you have time, search this thread with keyword "TMS_V19" and you will find some more posts going back to 2014 where I traded H4 following the OP' entry setup using this EA.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,776
  • Apr 19, 2020 9:17pm Apr 19, 2020 9:17pm
Quoting lddd
{quote} Why do you have the TDI on your charts and even post about a EA that is mainly based around the TDI?
TMS_V19 Q&As

you do not need to have any of the TMS indicators on your trading chart when you run TMS_V19 EA...
but you need them in the correct folders in your MT4 platform.
TMS_V19 has also other features and capabilities for example - how to trade with the TDI other lines, like its yellow line and the 50-level.

see recent posts link below:

https://www.forexfactory.com/showthr...2#post12858162

https://www.forexfactory.com/showthr...3#post12861463

https://www.forexfactory.com/showthr...9#post12872289
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,777
  • Apr 20, 2020 12:03am Apr 20, 2020 12:03am
Quoting emmanuel7788
{quote} TMS_V19 Q&As you do not need to have any of the TMS indicators on your trading chart when you run TMS_V19 EA... but you need them in the correct folders in your MT4 platform. TMS_V19 has also other features and capabilities for example - how to trade with the TDI other lines, like its yellow line and the 50-level. see recent posts link below: https://www.forexfactory.com/showthr...2#post12858162 https://www.forexfactory.com/showthr...3#post12861463 https://www.forexfactory.com/showthr...9#post12872289...
Hi! Can you show me how to use level 50, I don't know how to install it!
  • #102,778
  • Apr 20, 2020 12:31am Apr 20, 2020 12:31am
EURUSD Apr 20 M15 Frankurt Open candle

A price action trade example when TMS_V19 did not give any trade setup conditions signal alert

- 5-bars swing low when FO H1 candle closes
- setup is the REVERSAL candle with Stoch cross signal
- TDI confirms with the setup and HA PA croos above its 5EMA

buy entry when the LO candle opens M15.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Apr 20 M15 FO LO buy entry 20-4-2020 3-00-37 pm.png Size: 79 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,779
  • Apr 20, 2020 12:34am Apr 20, 2020 12:34am
Quoting Jonhathan123
{quote} Hi! Can you show me how to use level 50, I don't know how to install it!

hi,

you do not need to install the 50-level. its in the TDI parameter.

read the question asked by Kumon and the OP reply below Post#681

https://www.forexfactory.com/showthr...89#post4581989
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,780
  • Apr 20, 2020 12:39am Apr 20, 2020 12:39am
Quoting emmanuel7788
EURUSD Apr 20 M15 Frankurt Open candle A price action trade example when TMS_V19 did not give any trade setup conditions signal alert - 5-bars swing low when FO H1 candle closes - setup is the REVERSAL candle with Stoch cross signal - TDI confirms with the setup and HA PA croos above its 5EMA buy entry when the LO candle opens M15. {image}


Bro Emm,
What TDI and Stoch settings corresponds to 12-2 Clockwise and 4-6 Clockwise, according to the OP?
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