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Trading Made Simple

  • #106,361
  • Jul 9, 2020 5:56pm Jul 9, 2020 5:56pm
Quoting Tekkies
{quote} Are you not the one that flap his mouth the whole time to use what BigE said to use? Now you post a chart that is not easy to compare with. Now before you flap your mouth again the chart has be running with out re-fresh since Frankfurt Open this morning. Those trend-line was draw when TDI gave a alarm indicating a possible trade. So which crossover do you refer to? There are two sell crossover's, both ended in profit. YES - I would sell on M15 because I trade on M15 and not on H4. Marked two reasons why. The rest of Post#647 will be difficult...
Tekkies

You are the one who keep on flapping your lips - only follow Big E posts, follow Big E advice, blah blah blah...

I keep repeating follow Big E trading journey here in Forex Factory and learn EVERYTHING..., read all his post in Forex Factory, ...

Below is that same chart format now at Sydney open local time now 0830 and this same chart has not been refreshed since the 3 H4 candles ago. You can compare the TDI which is the same original Traders_Dynamic_Index by Dean Malone and that version Big E used since 2008.
Look at the M15 TDI green crosses red, how many crosses in one 4 hour period.
What happened during the US market session was not unusual and nothing in FF news calendar.
Reason why Big E stopped trading M15 and moved on to trading H4 at his local time 10PM, 2AM and 6AM (Post#1). He then trade H1 for only 2 to 3 hours during the NY session. He did not trade after London session closed. You will learn why and yesterday is a good example.

You can filter your TDI VLine with HA candles and 5EMA plus the RSI green line slope calculation and covert that slope value to something easier to read and make trade Go/No-Go decision. Three members posted this slope calculation, one of them is plamendp, look up his TDI version. If you want only the TDI VLine which is say between 12:30 and 1:30 hour-hand angle, then the value is simple to determine. Angle between 12-1 are usually big price moves and get caught in a pullback / inside / consolidation. See H4 TDI chart below.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Jul 09 SYD update 0630 10-7-2020 6-26-13 am.png Size: 55 KB


Of course, when you can trade M15 without looking at H4. I thought at one time you use H4 as your master timeframe, so you have changed that.
I can trade M15 too without looking at any other timeframes. I simply set my trading times/hours to specific period of the day and trade only two 'mini-sessions', one is Sydney-Tokyo overlap and the other Tokyo-London overlap. I do not trade the London-NY overlap. It is still the same trading methodology - Price Action, Support&Resistance, use COWABUNGA signals (confluence of MACD, STOCHASTICS and RSI). Removing MACD and it become the same as TMS 5-Method.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,362
  • Jul 9, 2020 6:20pm Jul 9, 2020 6:20pm
Quoting Tekkies
Related to Post 106,354 Stoch told you not to trade that TDI crossover. Also thinking being just just below the TDI level 68 price will go down would have been a mistake. There are so many little fact's on the chart that have to be notice when using Post#647 {image}

Both the Stoch and RSI which the TDI is based on, are oscillators.

Oscillators work well in ranging market conditions but not when market is trending both tends to remain in either overbought or oversold regions longer.

There is some good material posted in FF on the hwo to trade with momentum indicators like the stochastics and RSI oscillators. I will look for them and post the links this weekend.

Post#647 is a rather vague and to develop our own trading systems, we have to write down specifications to what these are when we look at our charts.
How close am I to the previous high or lo
Am I in an uptrend or downtrend.. short & long term...
Am I in or close to a consolidation area
Are the previous candles small...
Look at the candles on the last reversal... big, little, what

1) do you have a consistent approach to identify previous high(s) and low(s).

2) do you adopt a consistent approach in defining market trends, do you use triple screen technique ( Dr Alex Elder') or simply just 2 screens is enough.Is 3 screen really better than 2 screens?

3) how do we define consolidation area? what is the approach? how reliable is that approach? etc.

4) about previous candles, how many candles is previous? how small is small?

5) last reversal candles - these can easily be defined with common price action type reversal. .. 2 bars reversals, 3 bars reversal, etc. no need to go beyond 5-bars reversal. Study old charts and you can count them all.

I have done all these above with several members and we went on to develop TMS-II and that is why I have all these

"INSIDE BARS", "POP GUNS", "ENGULFING CANDLES" , "MASTER CANDLE", "MOTHER BAR", DOUBLE INSIDE BARS, "BUEB/BEEB", BUOB/BEOB", "WRB", "WCC", etc.
I can make trade decisions easier , I know where the previous high - low, I know where the consolidation area is, I see small candles as Inside Bars, I see momentum candle as either Engulfing and Outside Bars, etc.

This is my approach - tested and proven since 2012 till now 2020 with more than 5,000 trades completed. I pick only the best setups and trade with oscillators like the Stochastisc and RSI. But I also missed many trades with this approach....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,363
  • Jul 9, 2020 6:24pm Jul 9, 2020 6:24pm
Quoting [B
Fake Dr Fake PhD fake MD[/b] ....;13050432]{quote} Sure, of course,no problem IF there is a valid setup for the sell knowing that it is likely just a PULLBACK to the H4 upswing and if the potential profit is worth the risk taken. Or, more succinctly, sure, if it fits my trade plan. DUH! Here is the entry at the open of the marked bar, if your would have been following ALL of the TFs... {image}

Fake Dr is like many experts in public forum who are very good at hindsight analysis of others posts hours later.

we trade price setups and the market will set us up and slaughter retail traders like pigs.

but we must all know this and remember,

The 5 Fundamental Truths of Trading by Mark Douglas

1. Anything can happen.

2. You don’t need to know what is going to happen next to make money.

3. There is a random distribution between wins and losses for any given set of
variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.

5. Every moment in the market is unique.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,364
  • Jul 9, 2020 6:33pm Jul 9, 2020 6:33pm
Quoting [B
Fake Dr Fake PhD Fake MD[/b] ;13050444]{quote} FACT: DrDave never mentioned the GREEN LINE until ATFER the FakeTrader interjected it into the discussion in an attempt to dig out of the hole he dug for himself with his absurd statements.

FACT: Fake Dr did not read all the OP posts and the OP talked about the TDI#25 which shows only two lines on his chart template. Fake Dr missed the details and walked into a manhole and trying to wriggle his way out.

Just study the OP' training charts and you will see most have only two lines - the RSI green price line and the red trade signal line.

One example below:
Attached Image (click to enlarge)
Click to Enlarge Name: Big E training chart.png Size: 132 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,365
  • Jul 9, 2020 6:42pm Jul 9, 2020 6:42pm
Quoting Fake Dr Fake PhD Fake MD ...
{quote} Sure, have fun talking about lines that react or don't react to price ticks. You need to make some more DIVERSIONS to get the readers' attention off of your MISTAKES and FAILURES that have been shown all day long But again, your failure to comprehend SIMPLE English is demonstrated. Read CAREFULLY in that image and find "Green line" "Red line" "Blue lines" "Yellow line" Let's see, according to the way I learned to count, that is 1,2,3,4 entries! OK, I was very tempted from the beginning to say "5 lines", because the Volatility Band comprises...

FACT: You posted text description from the TDI file which a pdf has been posted long time ago in the thread. If you have that text description from a mq4 file, then you would have known the buffers used and the buffer count starts at 0,1,2,3,4, etc.... You did not skip the technicality, you did not understand the mql4 programming code logic and you made another mistake and now you are trying to wriggle your way out of your mistake. You missed details because you are not meticulous in your work.

Learn from your mistake and move on!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,366
  • Jul 9, 2020 6:49pm Jul 9, 2020 6:49pm
Quoting Fake Dr Fake PhD Fake MD
{quote} Well, ANOTHER missed target! You are on a REAL Failure Roll today! Looks like H1 and H4 covering BREAKING your back! LOL Maybe you don't understand the word "pullback", and what occurs AFTER the pullback??? Oh, by the way, that green line you see (check post#106,341 and see it was already placed back there) was placed via the H4 timeframe. Hmmm, how could that POSSIBLY have been the trend direction, and the M15/H1 pullback use it as support?? Pure luck on my...

well, you do not know how to trade and you do not understand where to place your initial risk SL and do Position Sizing and that will cover your back when thing go wrong.

Only you think you know everything like what a pull back is. Smart as**** talk only.

You hindsight analysis hours later ... after the fact is always perfect.... It is like training charts, study old charts.

Trading the markets requires skills and you rely on pure luck when you obviously lack the skills.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,367
  • Jul 9, 2020 7:11pm Jul 9, 2020 7:11pm
Quoting Tekkies
{quote} Hard to understand Dave. TDI looking at the code get's all the info from RSI. Now if TDI is "slow" to react to price then RSI it self is also slow. Fuzzi-RSI (what every the name is) work the same with "use previous indicator data" You and Emmanuel are both right about what happens with every tick. RSI does send to green and red on every tick information. Green/ Red does not respond due to "limit-1" which refer to the previous (now) closed bar.

Tekkies



I think we need to be precise when we discuss the TDIs. So many different versions and one is the TDI in Post#25 which is the first version in 2006 which the OP based his trading on.

When I say the TDI#25 is slow, I know that the green line paints only after the last bar had closed but during that last bar price have moved up and down the entire duration of the bar time.

the TDI#25 running in MT4 terminal gets it data from the RSI but TDI#25 does not paint the green line until it get the Close price data of that bar. You know this very well.

When using the Fozzy-RSI, I see the real-time RSI in action and updated at every instance I look at my chart. But I know I need to wait for the bar to Close to confirm the setup. When I trade E-Mini Futures in low timeframe M2, M3 and M5 by looking at the price action, I can trade during the active bar and not having to wait. I cannot use the TDI#25 for the reason I mentioned above ..."slow'.

You are correct with that code "limit-1" and I recall in one of the Synergy forum, this was the subject of many 'experts' comments, some say it was an error, some say it is okay to use it and trade what you see, and the last one was it was intended that way and use with the Synergy PAC which seems to be true. Then came a new solution, re-code the limit-1 and curve fitted the PAC with a .... all was good for a while longer until new TDI version came along.

It was all good fun years with Synergy trading systems, not just 1, but 2 then 3 .... all in how many years since 2006?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,368
  • Jul 9, 2020 7:17pm Jul 9, 2020 7:17pm
Quoting Tekkies
{quote} Not really. My mistake to use the word "tad". "tad" should be "spread" which will kill any account on M1 narrow sideways range. TDI is right there on time every time. When the bar close and Red / Green receive the new values from RSI the lines are plotted correctly and on time. a Unsuspected spike will caught both TDI and Price Action traders off guard. Price Action (that is you) can see the whole chart and make decisions to place / close trade before the bar is closed. Poor old TDI is stuck to what RSI tell him what to do...


"Unsuspected spike will caught both TDI and Price Action traders off guard"

like last night and it happens often....

I am happy I always trade with SL and using Position Sizing. %Risk $500 dollars, lose $500 never more... not matter how many pips/points is the SL (-1R), can only lose less if I move SL to 0.5R quickly enough.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,369
  • Jul 9, 2020 7:33pm Jul 9, 2020 7:33pm
Quoting emmanuel7788
{quote} Tekkies You are the one who keep on flapping your lips - only follow Big E posts, follow Big E advice, blah blah blah... I keep repeating follow Big E trading journey here in Forex Factory and learn EVERYTHING..., read all his post in Forex Factory, ... Below is that same chart format now at Sydney open local time now 0830 and this same chart has not been refreshed since the 3 H4 candles ago. You can compare the TDI which is the same original Traders_Dynamic_Index by Dean Malone and that version Big E used since 2008. Look at the M15 TDI...
What does BigE's trading journey, compare TDI, how many crossover in a hour, three members post... and the rest of the blah, blah, blah got to do with the question asked.
Focus on what you asked and posted.
- You asked: "anyone trading M15? would you sell when the H4 TDI RSI green price line is still pointing up?"
Where in your post do you answer own your question with the information (Price Action) for or against placing an order on M15 from that chart you posted the first time.
- NO WHERE.

Conclusion: Just a other useless post from Emmanuel.
  • #106,370
  • Jul 9, 2020 7:37pm Jul 9, 2020 7:37pm
GBPNZD Jul 09 H4 review

that last H4 technicals were all nice except,

- TDI Rsi green line slope
- Stoch slope also
- HA PA also

but, that H4 is an Inside Bar and this is the next opportunity for today.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Jul 09 H4 review 10-7-2020 8-19-41 am.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,371
  • Jul 9, 2020 7:43pm Jul 9, 2020 7:43pm
Quoting emmanuel7788
{quote} Both the Stoch and RSI which the TDI is based on, are oscillators. Oscillators work well in ranging market conditions but not when market is trending both tends to remain in either overbought or oversold regions longer. There is some good material posted in FF on the hwo to trade with momentum indicators like the stochastics and RSI oscillators. I will look for them and post the links this weekend. Post#647 is a rather vague and to develop our own trading systems, we have to write down specifications to what these are when we look at our...
Keep it simple:
No Cross, No Trade.
With every cross apply post#647.
-----
Post#647 is a rather vague.
Why did BigE posted: The key to building confidence is to study old charts... look at the TDI moves and how it looks on PA so every time you see that same set up you will know your odds for success are high
Now of course you ripped #2617 out of context by insisting that TDI is removed, it will be difficult to see how TDI moves.
  • #106,372
  • Jul 9, 2020 7:50pm Jul 9, 2020 7:50pm
Quoting emmanuel7788
{quote} Tekkies I think we need to be precise when we discuss the TDIs. So many different versions and one is the TDI in Post#25 which is the first version in 2006 which the OP based his trading on. When I say the TDI#25 is slow, I know that the green line paints only after the last bar had closed but during that last bar price have moved up and down the entire duration of the bar time. the TDI#25 running in MT4 terminal gets it data from the RSI but TDI#25 does not paint the green line until it get the Close price data of that bar. You...
Please Emmanuel, I prefer the toxic posts from you.
When you post lovely dovely, I smell a rat.
  • #106,373
  • Jul 9, 2020 7:51pm Jul 9, 2020 7:51pm
Quoting Tekkies
{quote} What does BigE's trading journey, compare TDI, how many crossover in a hour, three members post... and the rest of the blah, blah, blah got to do with the question asked. Focus on what you asked and posted. - You asked: "anyone trading M15? would you sell when the H4 TDI RSI green price line is still pointing up?" Where in your post do you answer own your question with the information (Price Action) for or against placing an order on M15 from that chart you posted the first time. - NO WHERE. Conclusion: Just a other useless post from Emmanuel....
Big E started his trading journey in FF with 9+ years stock market trading experience and 6,000 hours spent on learning to trade forex. That is a lot of time spent and a worthy journey of a honest man I picked in 2010 and to learn from his trading journey. I am here and that has little to do with TDI crosses or how many times the TDI crosses, etc. I learn about trading Price Action from J16 and strat also here in Forex Factory.

What about you? do you have 9 years trading experience when you started in 2016? What about the number of hours in forex trading?
Who else did you learn from in FF?

My post USDCHF M15 , it was a question for traders discussions. If you do not want to discuss about trading, then you can STFU and give other members time and space to post as they would like to. Keep an open mind and your brains won't fall out.

USDCHF H4 Jul 09 D1 swing, I open sell positions with earlier wins but this open positions is now in floating loss.... about -0.8R I am still happy as I follow my trade plan and just perform my trading tasks I have in my written trade plan.

Why do you say useless post?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,374
  • Jul 9, 2020 7:53pm Jul 9, 2020 7:53pm
Quoting Tekkies
{quote} Please Emmanuel, I prefer the toxic posts from you. When you post lovely dovely, I smell a rat.

I am being honest and fair with my comments.

and you are just being suspicious like always.

keep an open mind for frank and robust trading discussions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,375
  • Jul 9, 2020 8:02pm Jul 9, 2020 8:02pm
Quoting Tekkies
{quote} Keep it simple: No Cross, No Trade. With every cross apply post#647. ----- Post#647 is a rather vague. Why did BigE posted: The key to building confidence is to study old charts... look at the TDI moves and how it looks on PA so every time you see that same set up you will know your odds for success are high Now of course you ripped #2617 out of context by insisting that TDI is removed, it will be difficult to see how TDI moves.

Tekkies

You are feeling insecure about yourself in this thread. Just Follow Big E .... like you keep on ranting.

Keep It Simple: Follow the trading journey of the OP Big E in Forex Factory and learn EVERYTHING.

when you have achieved your first 12 months consecutive consistent wins every month, please share that with us all. We are still waiting!

I have posted mine in MoneyZilla' thread:

https://www.forexfactory.com/showthr...0#post11834080
https://www.forexfactory.com/showthr...1#post12182551
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,376
  • Jul 9, 2020 8:09pm Jul 9, 2020 8:09pm
Quoting Tekkies
{quote} Keep it simple: No Cross, No Trade. With every cross apply post#647. ----- Post#647 is a rather vague. Why did BigE posted: The key to building confidence is to study old charts... look at the TDI moves and how it looks on PA so every time you see that same set up you will know your odds for success are high Now of course you ripped #2617 out of context by insisting that TDI is removed, it will be difficult to see how TDI moves.
Tekkies

I did not rip anything here. You did "Now of course you ripped #2617 out of context by insisting that TDI is removed, it will be difficult to see how TDI moves"

The OP Big E himself made these posts and said these long before he moved his discussions from the Commercial forum to Trading Systems forum. I make my own conclusion reading these. You have to make your own conclusion when you have read all his post in FF.

Jan 20, 2011
#3044
Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.

Jan 26, 2011
#3103
I almost always have the tdi & stoch on all my charts regardless of the method being used.
However, it's not necessary on the 5 method for me. It gives people more confidence when they have it on their charts it seems.... and it's a good confirmation to the current PA and possible trade.

Feb 12, 2011
#3418
You can trade the 5 method without the TDI if it's a problem...
PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close.
The TDI just gives me a lot more information for making my entries & exits decisions.

May 16, 2011
#2617
2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,377
  • Jul 9, 2020 8:14pm Jul 9, 2020 8:14pm
Quoting emmanuel7788
{quote} FACT: You posted text description from the TDI file which a pdf has been posted long time ago in the thread. If you have that text description from a mq4 file, then you would have known the buffers used and the buffer count starts at 0,1,2,3,4, etc.... You did not skip the technicality, you did not understand the mql4 programming code logic and you made another mistake and now you are trying to wriggle your way out of your mistake. You missed details because you are not meticulous in your work. Learn from your mistake and move on!
Sorry to say Emmanuel neither are you correct.
TDI correctly programmed in mq4 will consist out of three buffers > RSIBuf[], MaBuf[],MbBuf[];
- The rest of the buffer's are eyecandy for UpZone[],MdZone[],DnZone[] > which can be removed.
  • #106,378
  • Jul 9, 2020 8:24pm Jul 9, 2020 8:24pm
Quoting emmanuel7788
{quote} Big E started his trading journey in FF with 9+ years stock market trading experience and 6,000 hours spent on learning to trade forex. That is a lot of time spent and a worthy journey of a honest man I picked in 2010 and to learn from his trading journey. I am here and that has little to do with TDI crosses or how many times the TDI crosses, etc. I learn about trading Price Action from J16 and strat also here in Forex Factory. What about you? do you have 9 years trading experience when you started in 2016? What about the number of hours...
Why do you say useless post?
You still have to ask?

The same with this post of your's. a Nice reply without any reference to the originally question asked:
"anyone trading M15? would you sell when the H4 TDI RSI green price line is still pointing up?"

Again, what does "a worthy journey of a honest man........ number of hours in forex trading......... discuss about trading....... blah, blah......." have in common with your original question.

You have no clue how to discuss trading.
  • #106,379
  • Jul 9, 2020 8:26pm Jul 9, 2020 8:26pm
Quoting Tekkies
{quote} Sorry to say Emmanuel neither are you correct. TDI correctly programmed in mq4 will consist out of three buffers > RSIBuf[], MaBuf[],MbBuf[]; - The rest of the buffer's are eyecandy for UpZone[],MdZone[],DnZone[] > which can be removed.
Tekkies

how many data buffers used in the TDI source code in Post#25? That same TDI Big E shared and used in his Post#1 trading H4 and H1.

you know when you read your own posts then you open your chart Data Window and count them. We are not talking about and discussing "TDI correctly programmed in mq4..."

https://www.forexfactory.com/showthr...94#post8834594

https://www.forexfactory.com/showthr...66#post9269066
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,380
  • Jul 9, 2020 8:28pm Jul 9, 2020 8:28pm
Quoting Tekkies
{quote} Two cents The difference is in a few lines of MQL4 programing TDI Red Green.mq4 (non repainting) for (i=limit-1;i>=0;i--) The -1 sets the counter to bar 1. Bar 1 is closed and red /green will not change TDI RealTime.mq4 (repainting) for(int i=limit; i>=0; i--) The -1 removed sets counter to bar 0. Bar O is open and is rising and falling with price action there for red /green will move up and down Both above mentioned indicators use the same iRSI and iMAOnArray values iRSI(NULL,0,RSI_Period,RSI_Price,i); iMAOnArray(RSI,0,RSISignal_Period,0,RSISignal_Mode,i);...

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post 73,461 wrong information.png Size: 502 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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