Trading Made Simple | Page 5599 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #111,961
  • Nov 29, 2020 5:10am Nov 29, 2020 5:10am
Quoting emmanuel7788
{quote} why not create one based on market volatility and call it Hasib Pivots.
Probably I have see one pivot called volatility pivot. If search online I hope I will find that one.
MA provides the market's current direction and strength.
  • #111,962
  • Nov 29, 2020 5:10am Nov 29, 2020 5:10am
Quoting Tekkies
{quote} You mean it is like Emmanuel that post everyday to trade with out TDI and Stoch. Everyday he makes a fool out off himself by posting chart's with TDI related indicators. Dave, difficult to understand, you trade what you post, you post remove TDI, you remove TDI and trade with what you think is the best way to trade. Lead by example. ------ "how many have posted data to support that" > It is easy to post data that show why a method does not work. > Do that by don't follow the...

@Tekkies

TMSTDI WatchDog show bounce :

Attached Image (click to enlarge)
Click to Enlarge Name: bounce 4.6.png Size: 44 KB

Attached Image (click to enlarge)
Click to Enlarge Name: bounce 11.0.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,963
  • Edited 6:35am Nov 29, 2020 5:15am | Edited 6:35am
Quoting Tekkies
{quote} ...Flapping lips about it everyday means nothing. That Watchdog is TDI, that monitor use TDI so basically you are posting bullshit...
@Tekkies -- I can't help but chuckle each time I see you post about "flapping lips". Here you are, posting the value of a 20x EURUSD 1-lot BUY trades in 33 Pip drawdown is only $1.30. And you refer to someone else flapping their lips?

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies-20-lots-EURUSD-130-2.png Size: 497 KB


@Tekkies -- there are two types of idiots. Those who know they are idiots and those who are unaware they are idiots. Which are you?

EDIT: Actually, there are three types. There are those idiots who respond to the first two types -- that's what I am...
  • #111,964
  • Nov 29, 2020 5:16am Nov 29, 2020 5:16am
Hi,

For those looking for pivots.

Mr. Arjun - loveevery1 propose a good one.... "it works better than the daily pivots"...


Look here!

God bless "every1"
The only impartial feeling is love. It is also the only feeling of God.
  • #111,965
  • Nov 29, 2020 5:24am Nov 29, 2020 5:24am
Quoting DrDave
{quote} And of the people that declare that this method doesn't work, how many have posted data to support that? How many trades did they take in realtime--even 20?? You see that people come here and post questions about other indicators and EAs, even though BigE said do not post about other things here. You see the disrespect for BigE's wishes. Then people wonder how it got perverted into the ToxicDumpThread.
@DrDeceit -- and now, after all the trashy comments you've posted, you are concerned about people disrespecting BigE's wishes? Dude -- you are the one who's the pervert.

"Then people wonder how it got perverted into the ToxicDumpThread."

@DrDeceit -- and where exactly did BigE recommend using H8, H16, W16 timeframes like you have? On one hand you are worried that people are disrespecting BigE's wishes, and on the other you wonder how the thread gets polluted? Dude -- it must be really tough for you getting up in the morning...

@DrDeceit -- how about helping your readers out and explain how you setup those H8, H16, and W16 timeframes that you state we all should be using. And, oh yes, we are still waiting to learn how 20x EURUSD 1-lot BUY positions in 33 Pip drawdawn is "only" $1.30 USD.

@DrDeceit -- you and @Tekkies form quite a team...
  • #111,966
  • Nov 29, 2020 5:27am Nov 29, 2020 5:27am
Quoting Tekkies
{quote} You mean it is like Emmanuel that post everyday to trade with out TDI and Stoch. Everyday he makes a fool out off himself by posting chart's with TDI related indicators. Dave, difficult to understand, you trade what you post, you post remove TDI, you remove TDI and trade with what you think is the best way to trade. Lead by example. ------ "how many have posted data to support that" > It is easy to post data that show why a method does not work. > Do that by don't follow the...
It is easy to post data that show why a method does not work.
No, that is not correct. It is actually quite difficult to post data that shows why a method does or does not work. When I say about posting data to support some conclusion, whether positive or negative, I mean the entire method exactly as the user intends to implement it along with the numbers that are collected and examined related to each trade entered in order to come to a conclusion. And so you can see how difficult it would be for most people to be able to collect information, collate it, and give an explanation of the results.

The method is sound, the trader somehow always mess thing's up.
You have hit on probably the main reason for (mostly unsupported) conclusions of failure: Failure of the user to actually follow his method, even though he claims that he followed it. This is why the details of the method must be included as well as the data for each trade entered.

Emmanuel, ...That Watchdog is TDI, that monitor use TDI so basically you are posting bullshit.
That is most of what he posts anyway. The naive simply do not yet have their trading BS filters developed, so gullibly accept someone with purported "30 year of trading experience" as an "expert" whose word can be trusted rather than casting a skeptical eye.

For example, he has said many times that when you have 12 consecutive winning months with about 1000 trades, only then you can declare that you have a winning system. And he claims that he has a winning system. But yet he has posted that he has a 65% success rate on average over 3 years. So, clearly, things do not add up with these statements. If his average success rate over 36 months (3 years), is 65%, then he has on average 23 months of winners and 13 months of losers. And, to also have 12 consecutive winning months to be included in the 36 month period, then these 12 consecutive months had to come at the very start of the 36 month period.

So, after the 12 consecutive winning months, the next 24 consecutive months must have a much HIGHER LOSING rate for the 36 month average to be 65%. We also found above that during the 36 month period that there will be 13 months of losers. Therefore, during the last 24 months where ALL of the losers must occur, there are 13 losers out of 24 months for a 54% FAILURE rate (46% success rate.)

So now everyone has some actual numbers provided by the ToxicFakeTrader himself to determine how likely it is that what he says is true.

Everyone has the opportunity now to pull the wool off of his own eyes.
To free Gazans of Hamas, use whatever it takes.
  • #111,967
  • Nov 29, 2020 5:33am Nov 29, 2020 5:33am
Quoting Tekkies
{quote} You mean it is like Emmanuel that post everyday to trade with out TDI and Stoch. Everyday he makes a fool out off himself by posting chart's with TDI related indicators. Dave, difficult to understand, you trade what you post, you post remove TDI, you remove TDI and trade with what you think is the best way to trade. Lead by example. ------ "how many have posted data to support that" > It is easy to post data that show why a method does not work. > Do that by don't follow the...

The method is sound, the trader somehow always mess thing's up. You can't make mistakes (human error) when trying to proof if a method does work.

of course the method is sound.

so is this post #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?

Read above...

I can take you to water but I can't make you drink... follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too...

There is a handful who trade it correctly here who are rewarded nicely...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,968
  • Nov 29, 2020 5:38am Nov 29, 2020 5:38am
Quoting [B
Tekkies[/b];9154988]TDI for me is the Holy Grail. My win rate is about 85 - 90% with with all rules applied. It really does work, however got this major bad habit of not knowing when to close a losing trade. Maybe it is that I have taken this sentence to heart. It has called many a time an margin call. Is there an EA that can be used to set stoploss at mmm say $20.00 Have found many and all use either points, pips, support/resistance, pivots to place SL. Would rather learn in layman's terms how to get rid of this major annoying, bad losing, moral killer, pips sucking,...

TDI for me is the Holy Grail.
My win rate is about 85 - 90% with with all rules applied.

And this kind of bullshit of a newbie in Sep 2016.
Without any data evidence of that 85% to 90% anyone can come to this thread and make such false claims.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,969
  • Nov 29, 2020 5:47am Nov 29, 2020 5:47am
guys, what do you think aboutthis pair?
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYMonthly.png Size: 43 KB
  • #111,970
  • Nov 29, 2020 5:49am Nov 29, 2020 5:49am
Quoting josete
Guys Im new here... but is such amazing info what you are all sharing... seems like I need to go back to 2007 and start from the beggining... any suggestion of how to make it faster? Thank you

Hi Josete

I am afraid there is no short-cut to 'make it faster' for you.
First, make it through this introduction below and the rest is up to you work work hard on your own. When you need help I will be here to answer any questions you have. Take your time and you can build a very strong foundation here.
During this pandemic you can make use of the time at home and read, study and learn. The covid-19 vaccine will take more time before it is available ready for all people.

Introduction to Trading Made System

To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E. He started as a newbie in 2008. Know the history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move on and develop your own trading system following how he did his. Many traders have moved on to trade their own systems.

Trading Made Simple for beginners : Post#52,707

A short history by pioneer member snarlyjack Post#110

Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,

After months of postings and answering many frequently asked questions FAQs,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011... Post#4432

In Post#1, he explained how he traded the H4 chart timeframe and he also traded the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.

Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.

TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432

The original indicators and template Post#25
When you are overwhelmed (information overload) by the number of posts and the loads of information and variations shared by other traders here, the best thing to do is to stop reading and go back to the basics what Big E mentioned in his 463 posts in this thread and 861 posts in the CHS thread. First you learn and master the 5-Method first before you start add your own tweaks and make a new system.

Recommendations:
Read all of Big E posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.

Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB / HA candles and use that TDI Red Green version. These are in Post#25.

Important to Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.

Big E was a rule-based discretionary trader. According to studies by Dr Van K Tharp this rule-based discretionary are the best traders,

Enjoy and Have fun during your learning journey..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,971
  • Nov 29, 2020 6:11am Nov 29, 2020 6:11am
The most number of times members' PMed me in the last 6 months is where to download the TMS_V19 EA.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 EA screenshot.png Size: 231 KB


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 afraid to ask questions here. I know there are many different variations and 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 combinations of the EA settings in live market is one way to have a thorough understanding 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.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,972
  • Edited 7:21am Nov 29, 2020 6:13am | Edited 7:21am
Quoting DrDave
...So now everyone has some actual numbers provided by the ToxicFakeTrader himself to determine how likely it is that what he says is true..
@DrDeceit -- and ain't that worth a chuckle, coming from the master of deceit himself...

@DrDeceit -- do I need to remind you that your fake alias @ivan9578 was recently banned by FF?
  • #111,973
  • Nov 29, 2020 6:32am Nov 29, 2020 6:32am
Quoting emmanuel7788
The most number of times members' PMed me in the last 6 months is where to download the TMS_V19 EA. {image} 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 afraid to ask...
Hi EM can you post your EA settings picture so that we can emulate it.
MA provides the market's current direction and strength.
  • #111,974
  • Nov 29, 2020 6:33am Nov 29, 2020 6:33am
Quoting josete
Guys Im new here... but is such amazing info what you are all sharing... seems like I need to go back to 2007 and start from the beggining... any suggestion of how to make it faster? Thank you
Josete, download BigE full.pdf.
That pdf contains all of BigE's posts in this thread without the misconceptions posted by members.
Study it thoroughly.
Click link: Post 36,439

"One can hardly see what is TMS about."
So true.
  • #111,975
  • Nov 29, 2020 6:37am Nov 29, 2020 6:37am
Quoting emmanuel7788
{quote} TDI for me is the Holy Grail. My win rate is about 85 - 90% with with all rules applied. And this kind of bullshit of a newbie in Sep 2016. Without any data evidence of that 85% to 90% anyone can come to this thread and make such false claims.
when they open 10 trade and 9 tp hit. after that this kind of comment comes.
After 1 year of trade with TDI they quit forex. when I first join FF in 2013 I have seen a lot of experts in ff most of them already quit forex.
MA provides the market's current direction and strength.
  • #111,976
  • Nov 29, 2020 6:46am Nov 29, 2020 6:46am
Quoting emmanuel7788
{quote} You can go tot his website: https://forex-station.com/viewtopic....38#p1295362638 and use the Traders_Dynamic_Index by LazyBear your TradingView chart will look like this: {image} Note: the Heiken Ashi can be modified to work the same as the Synergy Average Price Bar APB {quote} {image}
Thanks for this, this is really helpful!


Quoting emmanuel7788
{quote} 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.

When you say PA crosses the yellow line are you talking about the 5 EMA that's in yellow on your charts?

I see that the yellow line in the TDI is more or less ignored by Big E.
  • #111,977
  • Nov 29, 2020 6:50am Nov 29, 2020 6:50am
Quoting Tekkies
{quote} Josete, download BigE full.pdf. That pdf contains all of BigE's posts in this thread without the misconceptions posted by members. Study it thoroughly. Click link: Post 36,439 "One can hardly see what is TMS about." So true.

@Tekkies

stop confusing the new members here.

that BigE full pdf is not complete because it does not have all the questions and answers in this thread.

the other two pdfs have more information for new members wanting to learn to trade and to trade TMS 5-Method.

simply click to download these two pdfs:

Best of Big E - Part 1

Best of Big E - Part 2

New members to this thread should take the OP last posts seriously.

So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY.

#12,912
Quoting eelfranz
So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY. Snarlyjack - Good to hear from you old friend. We have stood back to back in battle more than a few times. May your trades be blessed buddy. Come visit more often. Big E
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,978
  • Nov 29, 2020 6:58am Nov 29, 2020 6:58am
Quoting Tekkies
{quote} Josete, download BigE full.pdf. That pdf contains all of BigE's posts in this thread without the misconceptions posted by members. Study it thoroughly. Click link: Post 36,439 "One can hardly see what is TMS about." So true.

@Tekkies

"One can hardly see what is TMS about." So true.

this is because your buddy hijacked this thread to his commercial site preying on innocent people selling them predictive TDI and trade signal subcription service, etc.

Attached Image (click to enlarge)
Click to Enlarge Name: GilR nonsense predictive TDI.png Size: 951 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,979
  • Nov 29, 2020 7:03am Nov 29, 2020 7:03am
Quoting hasib
{quote} when they open 10 trade and 9 tp hit. after that this kind of comment comes. After 1 year of trade with TDI they quit forex. when I first join FF in 2013 I have seen a lot of experts in ff most of them already quit forex.
Many have quit including those in both old and new threads and those who were active trading with Big E in the skype groups when he was alive.

Trading retail spot forex is very tough business and the market is very brutal and have no mecry.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,980
  • Nov 29, 2020 7:07am Nov 29, 2020 7:07am
Quoting hasib
{quote} Hi EM can you post your EA settings picture so that we can emulate it.

TMS_V19 EA settings:

First, read all the posts from May 2011 till Dec 2011 in that thread.

especially the posts by member seller9. He answered all the members question there and he knows Big E trading style very well and he also explained with many trade examples.

Trading Made Simple EA by Guess Whom
https://www.forexfactory.com/thread/...-by-guess-whom
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
67 traders viewing now, 1 is registered:
H2U2