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Trading Made Simple

  • #116,261
  • Jan 29, 2021 6:24pm Jan 29, 2021 6:24pm
Quoting eelfranz
Entered this E/U trade last night on the weekly time frame... put the SL at the top of the previous candle... about 150 pips away... won't see the next candle until next week... already in profit... see the nice 5 o'clock green TDI line with Stoch's confirmation... {image}

Trading the Weekly chart:

Folks

Study the past, its important for your present and your future.

Was that Weekly sell profitable with just one entry? You can scroll back to your EU May 08, 2011.


Attached Image (click to enlarge)
Click to Enlarge Name: Big #1967 chart EU Weekly 29-1-2021 10-06-53 am.jpg Size: 266 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,262
  • Jan 29, 2021 6:39pm Jan 29, 2021 6:39pm
Quoting ryuryu
{quote} You are absolutely right. Blessing3 is simple, even dumb and mindless martingale EA. It has static distance for all the averaging. After that statement every real trader who has brains should avoid using it and just forget about it. 45% DD is luck! In real world it will just wipe all out. And last but not least: why blessing3 is free? Because it is very good? Or because it is useless? And here we have unique lie: TMS is not a strategy, it is not winning one plus martingale EA! Wow, you must be extremely lucky to survive.
As English is not your first language, I would like to help.

strat·e·gy
/ˈstradəjē/

noun

  1. a plan of action or policy designed to achieve a major or overall aim.
    "time to develop a coherent economic strategy"

TMS has entries.
TMS has exits.
TMS has targets.
TMS has stops.
TMS has times to trade.
TMS has conditions to trade.
TMS has base requirements to trade the strategy.

TMS does not work for people who tend to alter how a tool is to be used.

It is highly unlikely that you read this entire thread with understanding and comprehension.

Can you truly comment with any credibility about this method?

If you are good at something, never do it for free--Joker
  • #116,263
  • Jan 29, 2021 6:46pm Jan 29, 2021 6:46pm
Quoting eelfranz
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...
Big E Jun 23, 2011:

#8703
Making the transition to trade the Daily.

Do you think like this: "Imagine you want to learn how to swim. And how to be the best.
How many trainings you will choose: daily, three times a week, twice a week, once a week, once a month, once a decade..."

Do you learn to swim only when the green crosses the red?

First, find a good swimming coach. The number of times you train depends on you - the one leaning to swim. The swim coach will tailor his lessons to according to how fast you learn the basics and develop the skills.

My children learned to swim once a week, their school offer swimming classes only once a week. All the children eventually learned to swim and only a few went on to train and become competitive swimmers and won medals at national and international levels.

You decide how often you want to trade - every hour, every 4 hours, once a day, etc.

Blessing3 has this option too. How often you want to trade and how many trades to place in one basket , but only after the Market Type condition which you have to decide and input in its setting. Blessing3 will place the trades for you based on your analysis and input settings.

Use Blessing3 and learn how the market work in real-time live environment. Forget about all the back-testing many people are trying with Blessing3.

When you have mastered the method and Blessings, you will have plenty of experience and move on to TMS Evo_IX.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,264
  • Jan 29, 2021 6:55pm Jan 29, 2021 6:55pm
Quoting PixelSniper
{quote} Damn that is savage,maaaaaa maaaaaa! {quote} I like it too but I like the magic paramaters MACD even more! The one with like, 1000,2000,100 for instance.. stress free holy grail trading.
Dave, does not understand Sniper, it is a privilege to sleep in a doghouse, you stay dry when it rains, park benches are a bit on the hard side and extremely wet during the rain season. Although it is a bit of a drag to fight the dog for the best spot to sleep.
  • #116,265
  • Jan 29, 2021 6:57pm Jan 29, 2021 6:57pm
Quoting T4Trade
{quote} what setting should we use of TMs watchdog on weekly? 13 or 7? thanks

@T4Trade

The @TMSTDI WatchDog uses the same TDI in Post#25.

There is no need to change any setting when you look at Weekly chart. Big E did not mention any change to that TDI version when he posted his charts. His two Weekly trades examples as I see were the same TDI default setting as in 2006/2007.

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,266
  • Jan 29, 2021 7:10pm Jan 29, 2021 7:10pm
Quoting tommydoginti
{quote} I would also suggest you to check out the DragonFly. For a few reasons 1. it is not martingale, it is fixed SLTP, one trade only 2. Someone used it to trade FTMO live account and got interviewed by FTMO. I watched it it was like Q4 not sure. 3. DragonFly uses a bunch of oscillators and MTF confirmation. Your favorite I got the source code of an old version and studied it before and added the rules one by one in Tradingview. My feeling towards it is it can give pretty good entries, and need discretionary decision on allowing it to trade plus...

@tommydogie

you really have a lot to learn because you only started to trade forex in 2020 { here } ....

Now go back to Tekkies' 2nd post March 25, 2016 in this thread and learn the Traders_Dynamic_Index
link here:

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

Do more research and due diligence on the history of the TDI and Dean Malone and CompassFX.

Tekkies als posted a website link:
https://www.forexfactory.com/thread/...7#post12367177
https://forex-station.com/viewtopic....38#p1295362638

Don't miss that good man named Emmanuel.
Do you want to be the next good man?
If YES, than you need to take a pebble from sifu' hand.

Have Fun.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,267
  • Jan 29, 2021 7:26pm Jan 29, 2021 7:26pm
sh
Quoting tommydoginti
Hi all, I am going to honor the late OP of this thread, BigE, and provide a platform in this thread for people who are really learning, sharing, discussing TMS. BigE was an experienced trader. To start with, first focus on reading BigE's old posts, charts, and constructive Q&A with other FF members back in 2011 at post #1-#12,912. Other members' posts back then were also useful. Reader can expect a lot of meaningless posts and distractions from this thread and TMS strategy. Remember, filtering noise and fake information is...

@tommydogie

I have MT4 as one of my trading platform, ...

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,268
  • Jan 29, 2021 7:45pm Jan 29, 2021 7:45pm
Quoting hasib
I think I should learn about Blessing. Seems good. I will read that thread. If I could not understand anything I will ask emm. Manual trading + a certain amount run with Blessing seems interesting to me.

@hasib

It is good to learn what Blessing is and how it works, then make it manage trades for you like a trade manager EA. The mql4 files are available and you can use them and make your own changes to run according to your own requirements.
Do Not run Blessing3 is its auto-trading mode. This is where most people will lose money. It takes time to learn how Blessing3 work. Some brokers will not allow EAs and recently one of my broker did this. I created another solution to overcome this broker' restriction with 'trade copy' which this broker has not detected yet.

Money and Risk management.
You should only use Blessing3 with kedge account money. Other people call that OPM other peoples money.
Deposit profits from other trading/investments into your own kedge account then diversify some 'foreign' capital to run algo trading. Create your own AlgoTrader with Blessing3 EA as a base. I have done this for more than 10 years while I was an active member in the jtatoday forum.

TMS_EVO_IX (2021/22/23) project is based on BlessingPro which has newer features to trade using Big E USD10,000 account per currency pair.... #557 La Vegas. TMS_EVO_IX is a System Strategy and trades a pool of currencies, and I pick only the strong pairs over the weak pairs.

TMS_EVO was a success and with consistent monthly win rate. And that was only one pair traded.
https://www.forexfactory.com/thread/...0#post11834080
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,269
  • Jan 29, 2021 8:02pm Jan 29, 2021 8:02pm
To those who love to trade H1 and below, read and listen experienced traders:

https://www.forexfactory.com/thread/...5#post13385465

<quote:
NFP is tricky and not for the feint hearted. PRICE will do a knee jerk reaction opposite to the immediate trend and then usually, but not always, continue in the direction of the prior trend. I wait for the volatility to settle which is normally around 15 minutes before making a trade.
<unquote>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,270
  • Jan 30, 2021 4:33am Jan 30, 2021 4:33am
Quoting Tekkies
{quote} Dave, does not understand Sniper, it is a privilege to sleep in a doghouse, you stay dry when it rains, park benches are a bit on the hard side and extremely wet during the rain season. Although it is a bit of a drag to fight the dog for the best spot to sleep.
it is a bit of a drag to fight the dog for the best spot to sleep.
You must understand that dogs are social animals. So, if you use good social skills to interact with the one in the dog house, you will soon be able to convince it that you will be sleeping in the dog house, no fighting required.
To free Gazans of Hamas, use whatever it takes.
  • #116,271
  • Jan 30, 2021 5:51am Jan 30, 2021 5:51am
Quoting ryuryu
{quote} This is my second favorite topic. Imagine you want to learn how to swim. And how to be the best. How many trainings you will choose: daily, three times a week, twice a week, once a week, once a month, once a decade... I think later he will switch to weekly TF. Then to yearly. Because it will be much easier to lie.
No need to change the frequency just post some empty charts with some irrelevant indicators. Then ask questions like “what do you see?” “Did you buy or sell?”, at the same time TDI showed sell signal. Not to mention predictions like “oh next week price will drop to x.xxxx. Look out for a downtrend”

Then bought at the top and enjoyed a festive Red Christmas.
  • #116,272
  • Jan 30, 2021 6:09am Jan 30, 2021 6:09am
You know that nobody is going to kick you up the ... about a system you should be trying out.
But the Dragonfly System has been mentioned already, and likely to many it will have come and gone without notice.
cheers,
maxman
  • #116,273
  • Jan 30, 2021 6:45am Jan 30, 2021 6:45am
Hi I'm looking this strategy and that's awesome. I'm try to download on metatrader 5 and I cant do download tdi green...One question its compatible this custom indicator on met 5?

Thanks

Yoselyn
  • #116,274
  • Edited 7:20am Jan 30, 2021 7:08am | Edited 7:20am
Quoting Tekkies
{quote} Dave, does not understand Sniper, it is a privilege to sleep in a doghouse, you stay dry when it rains, park benches are a bit on the hard side and extremely wet during the rain season. Although it is a bit of a drag to fight the dog for the best spot to sleep.
I don't think many can..low life is hard but when you look back in past.. you go: damn,what a ride! It was grateful to get your first place to sleep safely in,no matter what it looked like or what was it..

Quoting DrDave
{quote} it is a bit of a drag to fight the dog for the best spot to sleep. You must understand that dogs are social animals. So, if you use good social skills to interact with the one in the dog house, you will soon be able to convince it that you will be sleeping in the dog house, no fighting required.
Unlike cats,cats seem to be narcissistic..would never get one.
  • #116,275
  • Jan 30, 2021 7:11am Jan 30, 2021 7:11am
Quoting Mercayx16
Hi I'm looking this strategy and that's awesome. I'm try to download on metatrader 5 and I cant do download tdi green...One question its compatible this custom indicator on met 5? Thanks Yoselyn
Test before use
Attached File(s)
File Type: mq5 TradersDynamicIndex.mq5   14 KB | 380 downloads
  • #116,276
  • Jan 30, 2021 7:17am Jan 30, 2021 7:17am
Quoting PixelSniper
{quote} I don't think many can..low life is hard but when you look back in past.. you go: damn,what a ride! It was grateful to get your first place to sleep safely in,no matter what it looked like or what was it.. {quote} Unlike cats,they seem to be narcissistic..would never get one.
What is the differences between dogs and cats?
Dog > think you are a god because you give him food and love
Cat > think he is a god because you give him food and love
  • #116,277
  • Jan 30, 2021 9:42am Jan 30, 2021 9:42am
Quoting Tekkies
{quote} Test before use {file}
Hi Tekkis, if it is okay with you, I am going to link your post to the hub 116,225. Thanks for sharing
  • #116,278
  • Jan 30, 2021 10:43am Jan 30, 2021 10:43am
Quoting DrDave
This shows at the white Vline where some would think to place a sell after price has closed below the solid gold ML. However, this potential reversal must be treated as a retracement until evidence is seen that it is indeed a reversal, so an entry here is actually very risky. The evidence comes when price swings back up and makes a retracement to this down swing, not an up continuation, leading to the sell continuation entry at the red Vline. HOWEVER, note how the MA (yellow) is up, not down. This indicates that a higher TF has also made a retracement....
you started using DC. Good decision. I disagree with you one point that is every entry is risky in Fx mark at list to the extent of sl. So unless your future teller there is no less risky entry. If read Trading in the zone you should know it.
MA provides the market's current direction and strength.
  • #116,279
  • Jan 30, 2021 10:54am Jan 30, 2021 10:54am
Quoting jmn5611
{quote} As English is not your first language, I would like to help. strat·e·gy /ˈstradəjē/ noun a plan of action or policy designed to achieve a major or overall aim. "time to develop a coherent economic strategy" TMS has entries. TMS has exits. TMS has targets. TMS has stops. TMS has times to trade. TMS has conditions to trade. TMS has base requirements to trade the strategy. TMS does not work for people who tend to alter how a tool is to be used. It is highly unlikely that you read this entire thread with understanding and comprehension....
Ok can you explain with in one page all of this. Here most people are not able to do it.
MA provides the market's current direction and strength.
  • #116,280
  • Jan 30, 2021 11:36am Jan 30, 2021 11:36am
Quoting hasib
{quote} you started using DC. Good decision. I disagree with you one point that is every entry is risky in Fx mark at list to the extent of sl. So unless your future teller there is no less risky entry. If read Trading in the zone you should know it.
If you have followed my posts, you have seen several indicators that I used including TDI, stochastics, MACD, MA. They all lead to essentially the same entries/exits when used with Intrinsic Market Timing.


I disagree with your conjecture of "there is no less risky entry".
Mark at least 30 instances of a 3-bar swing on any TF.
Begin numbering at 1 for the swing bar.
Study 1
If bars 1 and 2 are down bars, enter a sell at the open of bar 3. If bar 3 closes as a down bar, mark "success"; otherwise, mark "fail".
Find the percent success and the percent fail.

Study 2
Use the same bars as in Study 1.
If bars 1 and 2 are down bars, enter a buy at the open of bar 3. If bar 3 closes as a down bar, Mark "fail"; otherwise, Mark "success".
Find the percent success and the percent fail.


Compare the percent success for the 2 studies. Does one study have a higher success rate than the other? If yes, then it is less risky entries than the other.
To free Gazans of Hamas, use whatever it takes.
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