{quote} Well I mean, we still have the weekends.
With Stacey or Becky?
- #114,141
- Jan 1, 2021 9:25am Jan 1, 2021 9:25am
- Joined Dec 2017 | Status: Trader | 4,378 Posts
With Stacey or Becky?
- #114,143
- Jan 1, 2021 9:44am Jan 1, 2021 9:44am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Why not both
- #114,144
- Jan 1, 2021 12:32pm Jan 1, 2021 12:32pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} I have read the Big E full PDF, I just saw the TMA EA v19_MTF, (as I was going through the thread) and the TMS monitor, and then the dash board(two versions each of tms monitor and dash board) ive downloaded them and and had no issues with installation, reading your posts and that of Tekkies have helped me to get some of the basics, I need tips as regards the ea and the monitor. I downloaded it's manual and I've skimmed through it, reading it now, on step7, please I need is tips to make the most of the ea settings, and how to effectively...
Hi A-5
Happy New Year 2021.
Let this year 2021 be the year of EAs ... TMS Monitor is an EA... TMS_V19 is and EA... THV CaveManager is an EA...
and I will be here to help people who wants to learn to trade and to trade TMS 5-Method with and without EAs.
There will be plenty of tips every day - on how I use these EAs - TMS Monitor by arbinka, TMS_V19 by seller9, THV CaveManager by caveman.
Also, I may have some time to also talk about how I trade Big E' Trading Made Simple 5-Method with another well known EA ... Blessing3. { here }
Feel free to post and ask me any question on how to use these EAs as trading tools to help you trade and save some time for other better things in life.
Stay Safe!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #114,145
- Jan 1, 2021 12:41pm Jan 1, 2021 12:41pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} another shot ! {image}
I only have to spend my time and look for the best A+++ setups and I decide to press the buy / sell button. The rest of my trading tasks are best left to the EA to perform the trade management tasks according to my Exit Strategy.
GBPUSD trades closed on Dec 31... you can follow the links from start to finish.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #114,146
- Jan 1, 2021 12:49pm Jan 1, 2021 12:49pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #114,147
- Jan 1, 2021 12:53pm Jan 1, 2021 12:53pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Alright all you party animals trying to recover from last night... or longer... Last couple of pages has covered many different topics... well, touched base anyway.... 2scoops... on post 2594...
May 16, 2011
Alright all you party animals trying to recover from last night... or longer...
Last couple of pages has covered many different topics... well, touched base anyway....
2scoops... on post 2594...
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
- #114,148
- Jan 1, 2021 1:15pm Jan 1, 2021 1:15pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
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...
Post#139, April 27 2011.
hey Big E
I know you wont be reading this now.
But I do agree with you that your rule-based discretionary trading style will not work with an expert advisor. An EA cannot think like you and make discretionary trading decision the way you did.
Most EAs ( 'most' = more than 50%) don't work, that's true. I agree with you. I have tried many trading robots EAs and only a few did work for me.
I have tried several TDI-based EAs by other FF members and 'fine tuned' the EAs to take trade entries at 10PM and 2AM and exit at 6AM, and the results has not been good enough to fill my wheel barrow with pips. So I did the next thing as you said in your post #8703 Jul 23, 2011 and the results has been good and profitable the last 3 years 2018 to 2020 trading cycle.
My EA has done close to 3,000 trades in the last trading cycle.
Thank you for sharing with us your trading journey.
May you rest easy on the wings of eternity.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #114,149
- Jan 1, 2021 1:41pm Jan 1, 2021 1:41pm
- Joined Sep 2017 | Status: Trader | 2,688 Posts
{quote} Hi A-5 Happy New Year 2021.
family
- #114,150
- Jan 1, 2021 6:42pm Jan 1, 2021 6:42pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Top Ten(10) Frequently Asked Question 2020
One of the most frequently asked questions I get via PM and emails, is - about the ADR and how to use the ADR
example of OP' post on the ADR he used:
He got his ADR from CompassFX back in 2010 while he was a subscriber of their Synergy system.
One of the most frequently asked questions I get via PM and emails, is - about the ADR and how to use the ADR
example of OP' post on the ADR he used:
He got his ADR from CompassFX back in 2010 while he was a subscriber of their Synergy system.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #114,151
- Jan 1, 2021 7:18pm Jan 1, 2021 7:18pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Top Ten(10) Frequently Asked Question 2020 One of the most frequently asked questions I get via PM and emails, is - about the ADR and how to use the ADR example of OP' post on the ADR he used: He got his ADR from CompassFX back in 2010 while he was a subscriber of their Synergy system. {image}
Here is one of the many videos I found while I continue my daily search ,
for those who are swing traders,
Swing Trading the 4H - Risk on Rally
see old thread { here }
Note the ADR on chart!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #114,152
- Jan 1, 2021 7:40pm Jan 1, 2021 7:40pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Hi A-5 Happy New Year 2021.
{quote} Post#139, April 27 2011. hey Big E I know you wont be reading this now. But I do agree with you that your rule-based discretionary trading style will not work with an expert advisor. An EA cannot think like you and make discretionary trading decision the way you did. Most EAs ( 'most' = more than 50%) don't work, that's true. I agree with you. I have tried many trading robots EAs and only a few did work for me. I have tried several TDI-based EAs by other FF members and 'fine tuned' the EAs to take trade entries at 10PM and 2AM and exit at...
where to download Blessing3?
here is the thread link.
Download the ex4 version of Blessing3 v3.9.6.06
https://www.forexfactory.com/thread/792598-most-famous-blessing-396-ea-and-setfiles
you will also find the user Manual in that thread.
Spend some time and study the Manual and learn how Blessing3 works.
I will posting to explain how I use Blessing3 to trade manually and how B3 will manage the trade baskets. You need a Money Management strategy to trade TMS 5-Method with Blessing3.
You can post and ask any questions here and you will learn faster this way.
If you still do not know how to trade TMS 5-Method, then read this OP posts #8703 .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #114,153
- Edited 7:20am Jan 2, 2021 1:25am | Edited 7:20am
- Joined Dec 2017 | Status: Trader | 4,378 Posts
R4M-SynergyProTDI Indicator
This indicator is one that I use for discretionary trading and I believe keeps with the spirit of this thread. It is a combination of TDI and Stochastics -- the same TDI and Stochastics that the OP -- BigE -- frequently used and wrote about. I'm using the same TDI and Stochastics algorithms, but displaying the results a bit differently. Turns out that when you chart the same data in different ways then certain patterns may appear that you might have missed before. Again -- same data, same algorithms -- just charted a bit differently.
In the screen shot above I've labeled the 3 types of markings -- TDI, TDI Histogram and Stochastics Trend. TDI and TDI Histogram, as you might guess, use the TDI algorithm. Stochastics Trend uses the Stochastics algorithm.
I understand that @DrDick and @Tekkies and @mosiskv will begin whining that I'm corrupting this thread, disrespecting BigE and causing him to turn in his grave. @DrDick and @Tekkies may even accuse me, as before, of being a Nazi and promoting Josef Goebbels-type propaganda. And they will claim they behave that way only because they care so much about us struggling traders -- which, of course, we all know to be true -- right? NOT!! And my response to them, as it has been before, is they can go fuck themselves.
To minimize CPU and memory consumption, I've limited the indicator to use a max of 500 data points. When you first attach the indicator you may need to scroll all the way to the right-hand side of the chart to see the markings.
I shouldn't need to say this, since by now most everyone should understand that an indicator is a tool and is only as good as the hands using it. This indicator does NOT display BUY or SELL signals -- it merely displays clues. Despite their fancy names -- the most common indicators all use some form of moving average, which is simple algebra. @BWilliam summarized it best in another thread: "Well calibrated MAs have the potential to mark price levels as statistical averages where price might react." In other words the markings represent a clue where price might travel -- a "best guess" based on probability. There is no guarantee that future price will match with what the indicator is guessing. That's where your brain comes in. That's why it's called "discretionary" trading.
I will shortly describe the indicator in greater detail in subsequent posts.
This indicator is one that I use for discretionary trading and I believe keeps with the spirit of this thread. It is a combination of TDI and Stochastics -- the same TDI and Stochastics that the OP -- BigE -- frequently used and wrote about. I'm using the same TDI and Stochastics algorithms, but displaying the results a bit differently. Turns out that when you chart the same data in different ways then certain patterns may appear that you might have missed before. Again -- same data, same algorithms -- just charted a bit differently.
In the screen shot above I've labeled the 3 types of markings -- TDI, TDI Histogram and Stochastics Trend. TDI and TDI Histogram, as you might guess, use the TDI algorithm. Stochastics Trend uses the Stochastics algorithm.
I understand that @DrDick and @Tekkies and @mosiskv will begin whining that I'm corrupting this thread, disrespecting BigE and causing him to turn in his grave. @DrDick and @Tekkies may even accuse me, as before, of being a Nazi and promoting Josef Goebbels-type propaganda. And they will claim they behave that way only because they care so much about us struggling traders -- which, of course, we all know to be true -- right? NOT!! And my response to them, as it has been before, is they can go fuck themselves.
To minimize CPU and memory consumption, I've limited the indicator to use a max of 500 data points. When you first attach the indicator you may need to scroll all the way to the right-hand side of the chart to see the markings.
I shouldn't need to say this, since by now most everyone should understand that an indicator is a tool and is only as good as the hands using it. This indicator does NOT display BUY or SELL signals -- it merely displays clues. Despite their fancy names -- the most common indicators all use some form of moving average, which is simple algebra. @BWilliam summarized it best in another thread: "Well calibrated MAs have the potential to mark price levels as statistical averages where price might react." In other words the markings represent a clue where price might travel -- a "best guess" based on probability. There is no guarantee that future price will match with what the indicator is guessing. That's where your brain comes in. That's why it's called "discretionary" trading.
I will shortly describe the indicator in greater detail in subsequent posts.
- #114,154
- Jan 2, 2021 2:04am Jan 2, 2021 2:04am
- Joined Dec 2017 | Status: Trader | 4,378 Posts
R4M-SynergyProTDI Indicator (continued)
This next screen shot explains the Stochastics Trend portion of the R4M-SynergyProTDI indicator.
In the background you can see the Stochastics indicator (8,3,3), and in the foreground the Stochastics Trend markings -- the blue and purple dots. The Stochastics indicator is just another type of moving average indicator and is often referred to as an "oscillator" type of indicator -- in other words, it oscillates up and down. That is, it trends up and down. Hence, the Stochastics indicator is often used to guess price direction.
(1) The BLUE dots indicate that the stochastics indicator is oscillating (i.e. trending) upward.
(2) The PURPLE dots indicate the stochastics indicator is oscillating (i.e. trending) downward.
This next screen shot explains the Stochastics Trend portion of the R4M-SynergyProTDI indicator.
In the background you can see the Stochastics indicator (8,3,3), and in the foreground the Stochastics Trend markings -- the blue and purple dots. The Stochastics indicator is just another type of moving average indicator and is often referred to as an "oscillator" type of indicator -- in other words, it oscillates up and down. That is, it trends up and down. Hence, the Stochastics indicator is often used to guess price direction.
(1) The BLUE dots indicate that the stochastics indicator is oscillating (i.e. trending) upward.
(2) The PURPLE dots indicate the stochastics indicator is oscillating (i.e. trending) downward.
- #114,155
- Jan 2, 2021 2:15am Jan 2, 2021 2:15am
- Joined Dec 2017 | Status: Trader | 4,378 Posts
R4M-SynergyProTDI Indicator (continued)
In the screen shot below I'll briefly explain the TDI histogram:
When the green TDI line crosses the red TDI line upwards and their separation increases, then BLUE vertical lines are drawn. Similarily, when the green TDI line crosses the red TDI line downwards and their separation increases, then PURPLE vertical lines are drawn.
There is nothing special going on -- the same, old green-crosses-red. All I have added are additional markings so that at a glance -- even from a distance -- you can tell there has been a crossing. And then it is up to your discretion whether or not to include this clue with other clues you have been collecting and decide whether or not to push the BUY / SELL button.
In the screen shot below I'll briefly explain the TDI histogram:
When the green TDI line crosses the red TDI line upwards and their separation increases, then BLUE vertical lines are drawn. Similarily, when the green TDI line crosses the red TDI line downwards and their separation increases, then PURPLE vertical lines are drawn.
There is nothing special going on -- the same, old green-crosses-red. All I have added are additional markings so that at a glance -- even from a distance -- you can tell there has been a crossing. And then it is up to your discretion whether or not to include this clue with other clues you have been collecting and decide whether or not to push the BUY / SELL button.
- #114,157
- Jan 2, 2021 6:29am Jan 2, 2021 6:29am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
It looks like this the THE year for making willy-nilly additions and cluttering the thread with discussions about them, so here is another contribution to your confusion: The IMT Multi-TF Oscillator!
To reduce the confusion on first exposure, I include plots for only 3 TFs.
Look at how magnificent this indicator is! The nice user-adjustable parameters: TFs, colors, levels, and line types and thicknesses.
I think that you could trade successfully with only THIS indicator displayed, right? After all, you only need your system to give you a guaranteed 2 wins of 24 tries with the remaining 11 of 22 tries being a coin flip to have a greater than 50% win rate!
You could likely use this indicator and outstrip in a matter of weeks the ToxicFakeTrader's BEGINNER'S 65% success rate after 10 YEARS of studying this thread and 30 YEARS of purported trading experience.
To reduce the confusion on first exposure, I include plots for only 3 TFs.
Look at how magnificent this indicator is! The nice user-adjustable parameters: TFs, colors, levels, and line types and thicknesses.
I think that you could trade successfully with only THIS indicator displayed, right? After all, you only need your system to give you a guaranteed 2 wins of 24 tries with the remaining 11 of 22 tries being a coin flip to have a greater than 50% win rate!
You could likely use this indicator and outstrip in a matter of weeks the ToxicFakeTrader's BEGINNER'S 65% success rate after 10 YEARS of studying this thread and 30 YEARS of purported trading experience.
To free Gazans of Hamas, use whatever it takes.
- #114,158
- Jan 2, 2021 6:39am Jan 2, 2021 6:39am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #114,159
- Jan 2, 2021 6:44am Jan 2, 2021 6:44am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
It time to cut losses... in the new year, 40 weeks in floating losses is holding up the use of your trading capital.
Cut-loses before you start with any willy-nilly additions and cluttering the thread with discussions about them. The IMT Multi-TF Oscillator is already proven to be the losing trading strategy.
Cut-loses before you start with any willy-nilly additions and cluttering the thread with discussions about them. The IMT Multi-TF Oscillator is already proven to be the losing trading strategy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #114,160
- Jan 2, 2021 6:45am Jan 2, 2021 6:45am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett