Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,242
- Sep 30, 2020 3:55am Sep 30, 2020 3:55am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #109,244
- Sep 30, 2020 4:59am Sep 30, 2020 4:59am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
{quote} Hey Gh0stRider, it looks like you posted in the wrong thread. This the Trading Made Simple thread of BigE. He does not allow EAs, so clearly, you posted your questions about the TMS Monitor in the wrong thread. Did you even try reading arbinka's thread about it? It is only 600 posts.
- #109,246
- Sep 30, 2020 6:04am Sep 30, 2020 6:04am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Hi Emmanuel, So Followed the instructions as you said and TMS MONITOR is up and working,Is there any Pdf or guide something like to read how this TMS MONITOR works like there are multiple columns like(p-slope,c-slope etc etc).Will Really Appreciate that if you can please guide me a lil bit or if you have any guide that would work too. Thanks Once Again
very good you got that TMS Monitor running.Unfortunately there is no pdf on how to use that expert advisor tool. You need to know the TMS 5-Method trade setup conditions and the monitor will send the alerts and you do not need to be watching so many pairs at the same time.
For example, today H4 alert EURCAD at 2AM PDT 5AM EST NY
There were several alerts and I have a trade plan for EURCAD as I was watching the Master Candle CONSOLIDATION and was looking for either a breakout or possible reversal the the MC high. True enough there was an alert of a Bearish Engulfing Outside Bar BEOB at the MC high.
The TMS Monitor shows very good C-Slope of the BEOB. I compare the price action of the previous bar/HA candle and the current bar/HA candle close to see if the setup was a good one, then decide the trade.
Note the P-Slope was +2 and the C-Slope was -11 ...( the threshold default is 4). This condition is clearly seen on the trading chart. The RSI green rice line has cross the red trade signal line and the slope was very steep. The price action is very nice!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,247
- Sep 30, 2020 6:57am Sep 30, 2020 6:57am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
{quote} Dude i have no clue whats your problem, I'm not even talking to you? do you understand english? i clearly said "Emmanuel" And i asked him about his TMS monitor? second thing its not EA/Robot. So do your homework then put your nose somewhere else or i have another solution if you wanna take it its free just quite the thread if its bother you.g o o g l e dot com / search? what is EA
From the horses mouth:
This is not an indicator! This is a monitoring EA ...
This is a monitoring EA ...
Did you catch that now? EA!
And ... you made a public posting. There are no restrictions on anyone posting a reply to any other post. If you want to keep your conversation private, then use Private Message. Oh, maybe you don't understand those words Private Message either. Well, I'll let you look those up on your own.
And of course you have no clue, because you either didn't bother to read the thread before posting, or you don't give a rat's A about BigE's explicit statement of no EAs discussed in this thread.
So, try taking your nose out of emmanuel7788's glory hole and read the thread and post according to what BigE said. Or maybe you prefer to follow your mentor's path and join the Trampling My System thread?
Or, I have another free solution if you want to take it: Just quit this thread.
Even better, quit Forex Factory.
To free Gazans of Hamas, use whatever it takes.
- #109,248
- Sep 30, 2020 7:03am Sep 30, 2020 7:03am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
There is still misleading post about what the OP said about EAs.
TMS Monitor is not a auto-trading robot.
Here are the fact what the OP posted about EAs.
Quoting Moewet
Hello I'm I think this system rocks can someone with invite Steve Hopwood to this party I mean I would ask him myself to create this ea but I have no reputation on FF,so most likely he'll just ignore me but please someone reach out and touch him on this one,I know sometimes people don't want ea's to clutter the thread but the way Steve's been doing it lately he can just start a separate thread,thanks I respect the pippin going on here!
the date was Apr 27, 2011
member Moewet had an idea
and
SteveHopwood did just that ... May 01,2011
https://www.forexfactory.com/showthread.php?t=292301
And I agree with Big E post Apr 27, 2011
Quoting eelfranz
Moe, We don't want any EA's. Why? They can't observe and think like humans can and do. You need to learn to think on your own while trading and making your own decisions. Most EA"s don't work well anyway... sorry buddy...
Big E's key points:
- most EAs auto trading robots don't work... that's his experience.
- TMS traders are discretionary traders who must observe and think on our own.
TMS Monitor is not your auto-trading robot. It is a trading tool which you can use to help you when you do not have the luxury of time to be in front of your computer 24 x 5.
TMS Monitor will monitor these TMS setup conditions
- the HA candles of 4 timeframes,
- the TDI's RSI price line Previous bar Slope and Current bar Slope,
- if there is an active crossing of the RSI green price line and the MA red trade signal line
- status of the HA candle above/below the 5EMA
Use this tools and it will send alerts via emails when you are not at your computer to monitor you charts 24 hours.
Members should read the thread and know the facts.
TMS Monitor is not a auto-trading robot.
Here are the fact what the OP posted about EAs.
Quoting Moewet
Hello I'm I think this system rocks can someone with invite Steve Hopwood to this party I mean I would ask him myself to create this ea but I have no reputation on FF,so most likely he'll just ignore me but please someone reach out and touch him on this one,I know sometimes people don't want ea's to clutter the thread but the way Steve's been doing it lately he can just start a separate thread,thanks I respect the pippin going on here!
the date was Apr 27, 2011
member Moewet had an idea
and
SteveHopwood did just that ... May 01,2011
https://www.forexfactory.com/showthread.php?t=292301
And I agree with Big E post Apr 27, 2011
Quoting eelfranz
Moe, We don't want any EA's. Why? They can't observe and think like humans can and do. You need to learn to think on your own while trading and making your own decisions. Most EA"s don't work well anyway... sorry buddy...
Big E's key points:
- most EAs auto trading robots don't work... that's his experience.
- TMS traders are discretionary traders who must observe and think on our own.
TMS Monitor is not your auto-trading robot. It is a trading tool which you can use to help you when you do not have the luxury of time to be in front of your computer 24 x 5.
TMS Monitor will monitor these TMS setup conditions
- the HA candles of 4 timeframes,
- the TDI's RSI price line Previous bar Slope and Current bar Slope,
- if there is an active crossing of the RSI green price line and the MA red trade signal line
- status of the HA candle above/below the 5EMA
Use this tools and it will send alerts via emails when you are not at your computer to monitor you charts 24 hours.
Members should read the thread and know the facts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,249
- Sep 30, 2020 7:13am Sep 30, 2020 7:13am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
An example of a TDI green price line tweak from 4 to 5
Note the price action - 1 5 bars swing high with REVERSAL candle + Stoch cross and bounce at 80 level
Note the price action - 1 5 bars swing high with REVERSAL candle + Stoch cross and bounce at 80 level
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,250
- Sep 30, 2020 7:24am Sep 30, 2020 7:24am
{quote} Dude i have no clue whats your problem, I'm not even talking to you? do you understand english? i clearly said "Emmanuel" And i asked him about his TMS monitor? second thing its not EA/Robot. So do your homework then put your nose somewhere else or i have another solution if you wanna take it its free just quite the thread if its bother you.g o o g l e dot com / search? what is EA
I mean the guy is down -1400 pips and still has the nerve to speak!
You will learn the most from your losing Trades
- #109,251
- Sep 30, 2020 7:25am Sep 30, 2020 7:25am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
{quote} Dude i have no clue whats your problem, I'm not even talking to you? do you understand english? i clearly said "Emmanuel" And i asked him about his TMS monitor? second thing its not EA/Robot. So do your homework then put your nose somewhere else or i have another solution if you wanna take it its free just quite the thread if its bother you.g o o g l e dot com / search? what is EA
You don't read the thread, or you have reading comprehension problems (or more likely, both)? The matter of EAs and what BigE said was explained here just 6 days ago!
You appear to have a lot of deficiencies, so I'll help you.
What were BigE's actual words about EAs?
Post #139
Quoting eelfranz
Moe, We don't want any EA's. Why? They can't observe and think like humans can and do. You need to learn to think on your own while trading and making your own decisions. Most EA"s don't work well anyway... sorry buddy...
Here are the very important words, "We don't want any EA's." Notice that important qualifier-ANY. To help those that have comprehension problems with English, we can reorganize this to "We want NO EA's."
It is important when performing the textual exegesis to not pull the words out of context, but to study not only the immediately surrounding text, but other text that the writer has presented on the subject. An important element in the analysis that is too often overlooked is what is NOT said.
There are a variety of EAs that have a range of functionalities. There could very well be EAs that would provide some type of aid for some people. But that fact becomes moot and unproductive to discuss, because from post #139, it is very clear that BigE did not want EAs of any kind. If BigE were interested in having some kinds of EAS, for example "helper" EAs that could do something like sound an alert when a TDI green cross red occurred, then he would have included a list of exceptions for certain types of EAs. No exceptions were given.
So, for those of you that like the idea of using EAs in this thread, consider the wishes and WORDS of BigE and decide if you will show respect for his wishes and not discuss EAs in this thread, or simply treat the thread as the Dump Thread and do whatever you feel like doing.
You can try to keep the thread on track (with ONLY HA bars, TDI, and stochastics), or add more to the Dump. You're free to choose.
To free Gazans of Hamas, use whatever it takes.
- #109,252
- Sep 30, 2020 7:32am Sep 30, 2020 7:32am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} He just likes attention. He's not really a trader and doesn't make any money in forex so he tries and steal other peoples thunder. Just ignore him. His mom will tell him to get off the computer soon and clean his room. I mean the guy is down -1400 pips and still has the nerve to speak!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,253
- Sep 30, 2020 7:37am Sep 30, 2020 7:37am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Hello I'm I think this system rocks can someone with invite Steve Hopwood to this party I mean I would ask him myself to create this ea but I have no reputation on FF,so most likely he'll just ignore me but please someone reach out and touch him on this one,I know sometimes people don't want ea's to clutter the thread but the way Steve's been doing it lately he can just start a separate thread,thanks I respect the pippin going on here!
Moe, We don't want any EA's. Why? They can't observe and think like humans can and do. You need to learn to think on your own while trading and making your own decisions. Most EA"s don't work well anyway... sorry buddy...
For your English reading lesson in a trading system thread ....
EA = expert advisor
EA can also be EurAud
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,254
- Sep 30, 2020 7:41am Sep 30, 2020 7:41am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #109,255
- Sep 30, 2020 8:06am Sep 30, 2020 8:06am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Is that possible? Yes. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... You ever woke in the morning popping on your puter and find you made 150 pips while you slept... guaranteed to put a smile on your face and a skip in your step. I post a lot of training charts to drive it into your brains what to look for and how easy it can be... Just open your eyes, brain and pay attention and you'll be making pips soon... You'll...
Post#1
-----------------------------------------------------
I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific....
------------------------------------------------------
Here is the EA TMS Monitor H4 signals at 9AM EST NY Open+1hour
Follow the H4 signal and trade H1 .... or even when yoi scalp M15 you can scalp the H4...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,256
- Sep 30, 2020 9:18am Sep 30, 2020 9:18am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #109,259
- Sep 30, 2020 3:19pm Sep 30, 2020 3:19pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
{quote} LOL I can feel the tension here, but you got me with "shill"... Anyway, I am not burning anything here maybe just my time testing a strategy. I do appreciate people sharing their experiences and probably after 20-30 years of trading you CAN have a mish-mash idea and still do money, but the point is, I would like to make money. IF it is not working on a demo I try something else, but I would also like to avoid jumping from method to method - I did that mistake before, that's the best way to lose a lot of money.
The 5-method here uses ONLY HA (or APB) bars, TDI, stochastics, and the ema5. No other indicators.
If you look at what the ToxicFakeTrader aka emmanuel7788 posts and discusses, you will find additional indicators and EAs. So if you want to honor the wishes of BigE you, you will stick only to discussing the 5-method. But if you don't really care a rat's A about BigE, then post and discuss whatever you feel like.
If you are looking for a SIMPLE system that you can adopt to make money, then the ToxicFakeTrader's mishmash of whatever is 180 degrees from SIMPLE. He can barely keep above water himself. If you read his posts here, you would know that he is extremely proud of himself to be able to make on the long-term (3 years) average 65% success after 8 YEARS of struggling with this method! Note that this 65% success is what BEGINNERS with this this should be making in 1-2 months.
So, if you think that you can develop a profitable strategy based on the confusion of a guy that has purportedly been trading for 30 years and after 8 years is at the BEGINNERS success level of the system that BigE presented here, then I hope that you have plenty of stamina to stick with it for at least 5 years to reach that beginner's 65% success rate, because you will have to learn a SHIPLOAD of indicators, candlestick formations, and EAs. And all of these can vary depending on the market conditions!
Or, maybe you could read all of the posts of BigE in this thread about his 5-method and have a SIMPLE system that will get you profits in months rather than in years.
Here is an example of typical performance of the guy.
To free Gazans of Hamas, use whatever it takes.
- #109,260
- Sep 30, 2020 3:32pm Sep 30, 2020 3:32pm
- | Joined May 2009 | Status: lost in the void | 2,977 Posts