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Monitor for 'Trading Made Simple' system 565 replies

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

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

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #116,761
  • Feb 8, 2021 5:44am Feb 8, 2021 5:44am
Quoting CanIMakeCash
{quote} Found it and installed it already. All good. Now heading for practice account to learn this strategy. Thanks for your help

Good!

Any problem with those nice TMS Trading Tools, just post and ask here.
I'll help you and shorten you learning curve.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,762
  • Feb 8, 2021 5:48am Feb 8, 2021 5:48am
Quoting emmanuel7788
{quote} USDJPY Feb NY Close *Live* MN candle still burning ... for those with very deep pockets can buy? {image} with APB HA candles turn on, {image}

USDJPY Feb 08 trades open and running.

- slow Monday, but +34pips is still good money.
- bank some now.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,763
  • Feb 8, 2021 5:52am Feb 8, 2021 5:52am
A quick example on how TMS can work with other tools and/or discretionary analysis.

GU H1. TMS TDI sell cross then a sell bounce. Entered end of candle #2.
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*I have been noticing the synergetic effect of TMS with my own indicator. I developed it, looks weird, but basically it is indicating 1) MACD divergences (usually at lower TF) and 2) swing exhaustion. To put it simple simply means a MACD regular divergence at LTF by the time of trade entry. TMS's original Stochastic 8,3,3 can do the same work sometimes (both are oscillators).
Also trendline break and double top rejection.

**Edit: Add a LTF snapshot to show TDI regular divergence for entry confirmation on entry timeframe.
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  • #116,764
  • Feb 8, 2021 6:03am Feb 8, 2021 6:03am
EURUSD Feb08 H4


- trading the 4H swing with MEME
- whenever you are ready with some money...

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,765
  • Feb 8, 2021 7:12am Feb 8, 2021 7:12am
Let's enjoy the technical
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MA provides the market's current direction and strength.
  • #116,766
  • Feb 8, 2021 7:27am Feb 8, 2021 7:27am
Quoting DrDave
Do you know the term "taken out of context"? It is lifting a piece of text from one source and using it in your own discourse to try to give greater credibility to what you present. However, the way that you use it has no support in the source for using it that way. it is a common propaganda trick. As anyone knows who has been actively reading this thread, the ToxicFakeTrader uses this propaganda tactic regularly. BigE post #281 April 28, 2011. Don't get fired ! Just make...
Speaking about context and which post comes first... I think #802 is way before #113142.

BigE's TMS
- Nothing to do with Grid trading like Blessing 3.
- Not using any EA
- Not using same indicators as Blessing 3 (Compare it yourself on any of the previous trades)
** Explained in detail from source code in #116,243

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  • #116,767
  • Feb 8, 2021 7:35am Feb 8, 2021 7:35am
Quoting DrDave
{quote}[/size] Follow, if you dare ... {image}
Also speaking of consistency, following and honoring one's own words... Well... it was adding on losing Buy positions not sells in this one. Anyway price will eventually come back isn't it?

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#115,959
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  • #116,768
  • Feb 8, 2021 8:14am Feb 8, 2021 8:14am
Quoting tommydoginti
{quote} Speaking about context and which post comes first... I think #802 is way before #113142. BigE's TMS - Nothing to do with Grid trading like Blessing 3. - Not using any EA - Not using same indicators as Blessing 3 (Compare it yourself on any of the previous trades) ** Explained in detail from source code in #116,243 {image}{image}{image}
Well, not a big surprise that he uses EAs to think for him when he already told us that he is quite the dimwit that failed the medical school entrance exams, then a few years later managed to trash trading account after trading account, even tanking one of them $30,000 AUD in a week.
To free Gazans of Hamas, use whatever it takes.
  • #116,769
  • Feb 8, 2021 10:08am Feb 8, 2021 10:08am
BigE’s original TMS uses TDI as major tool, then PA and price structures.
With TMS TDI as the signal, one is not picking top or bottom, but to follow through the momentum when a swing is in its early phase. PA can help identify levels to anticipate a TMS setups to happen

UJ. H1 showed a textbook supply zone. Place an alert when price comes back to the level. Second alert for when the TDI cross. By then check if it is candle #1-2 in new colour. For added confirmation, scale down to m15 and identify a triple top with (not very textbook) TDI double regular divergence.

2-3 additional confirmation with TMS entry signal as triggers. There is no need to care too much to the left or predict the right. Just wait for a setup to happen. BigE once wrote he would only wait for TMS TDI green cross red and start analysing the market, looked for recent highs and lows.
After opening a trade, BigE closed his trades in 3-4 candles’ time (if 4H, but can apply to all TF)

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  • #116,770
  • Edited Feb 9, 2021 9:03am Feb 8, 2021 11:38am | Edited Feb 9, 2021 9:03am
Quoting tommydoginti
BigE’s original TMS uses TDI as major tool, then PA and price structures. With TMS TDI as the signal, one is not picking top or bottom, but to follow through the momentum when a swing is in its early phase. PA can help identify levels to anticipate a TMS setups to happen UJ. H1 showed a textbook supply zone. Place an alert when price comes back to the level. Second alert for when the TDI cross. By then check if it is candle #1-2 in new colour. For added confirmation, scale down to m15 and identify a triple top with (not very textbook) TDI double...
BigE’s original TMS uses TDI as major tool, then PA and price structures.
And it's a pity that some people have essentially abandoned this and cluttered the thread with nonsense such as this.

Quoting emmanuel7788 aka ToxicFakeTrader
when you have learn these two models, I will show you my CashFlow model ...

then only you can follow me and have another chance to trade $50K to $400,000 in 3 years /36 months. I have done it in 2018/2020.

Tell me know, who else want to try this.
ToxicFakeTrader says:
I am looking for FOLLOWERS! (Why don't I just open my own thread?? All will be revealed! Stay tuned!)
First, jump through my hoops.

After mastering the hoop jumping, THEN you MIGHT be qualified to FOLLOW the me into fantasy land (you know the place, where I showed the swimming pool, the cruise liner, etc., etc.).

And for you followers that do not have $50,000 real dollars to put into a trading account (which is maybe EVERYONE, right?), don't worry about it, because you can just open a demo account and use fantasy money and trade, trade, TRADE, for the next 3 years. That is, if you can figure out how to use all of the EAs that are required to do your thinking for you. Oh, and if you can figure out and remember all of the bar patterns and how to trade them, and all of the other things that will crop up.

And don't forget that you will be required to join FxBlue and become my best pal so that you can get whitelisted. This is the most important part of this whole "journey"--all the other stuff is just the means to this FxBlue connection end.
To free Gazans of Hamas, use whatever it takes.
  • #116,771
  • Feb 8, 2021 5:50pm Feb 8, 2021 5:50pm
Quoting emmanuel7788
GBPUSD Week06 Feb 09 Big Picture ... TMS traders have no need for 'bigger'picture'... we keep it simple. we have many trading tools like this pipware charts by stratman - always look at price, the price action using either the Price Bar chart or Japanese candlesticks, -previous price action PPA - swing highs and swing lows, observe the HA candles price action and its 5EMA. observe the price around round numbers RN and big round number BRN - observe the price reaction around the 10EMA, 50EMA and 200EMA - also must pay attention to market events and...

Another TMS Trading Tool !

its an expert advisor EA by seller9.

GBPUSD Feb09 H4

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Weekly Trend 2/9 is green ... bullish
Daily TDiC1 is green ...
H4 PA is simple ...

All these crap below only for the one with confused mind.
Direction bias: down
Control: H8
Action: M15 through H4
W1 overdue to drop.
D1 Made another down swing in week 5, attempting to begin down trend. Friday ended with a lower high, but as can be seen in the previous D1 price action, the up move may once again simply continue higher rather than being a mere rally.
H4 overdue to drop.
H1 overdue to drop.
M30/M15 both closed with down bars, indicating the drop of H1 is likely underway.
M5 supports a down trend likely underway with equal highs and a very wide range down bar at Friday's close.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,772
  • Feb 8, 2021 5:54pm Feb 8, 2021 5:54pm
Quoting emmanuel7788
{quote} Another TMS Trading Tool ! its an expert advisor EA by seller9. GBPUSD Feb09 H4 {image} Weekly Trend 2/9 is green ... bullish Daily TDiC1 is green ... H4 PA is simple ... All these crap below only for the one with confused mind. Direction bias: down Control: H8 Action: M15 through H4 W1 overdue to drop. D1 Made another down swing in week 5, attempting to begin down trend. Friday ended with a lower high, but as can be seen in the previous D1 price action, the up move may once again simply continue higher rather than being a mere rally. H4...

GBPUSD Feb 09

- H1 trading day trading

- TMS V19 has all the information you need to make a trading decision,

- Follow TMS 5-Method setup rules Post#261

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All these crap below only for the one with confused mind.
Direction bias: down
Control: H8
Action: M15 through H4
W1 overdue to drop.
D1 Made another down swing in week 5, attempting to begin down trend. Friday ended with a lower high, but as can be seen in the previous D1 price action, the up move may once again simply continue higher rather than being a mere rally.
H4 overdue to drop.
H1 overdue to drop.
M30/M15 both closed with down bars, indicating the drop of H1 is likely underway.
M5 supports a down trend likely underway with equal highs and a very wide range down bar at Friday's close.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,773
  • Feb 8, 2021 6:07pm Feb 8, 2021 6:07pm
Drawdowns

Week 06 Feb 08 to 12

80% Drawdown is near impossible to recover in next 47 weeks... but if { ______ }

according to this Money Management Report, you will need to achieve above +300%.

https://www.forexfactory.com/thread/...44#post8799544

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,774
  • Feb 8, 2021 6:21pm Feb 8, 2021 6:21pm
Quoting [B
FakeDrDave aka@DrDick @MOSTTOXIC FakeTradingGuru[/b] ;13399512]{quote} Well, not a big surprise that he uses EAs to think for him when he already told us that he is quite the dimwit that failed the medical school entrance exams, then a few years later managed to trash trading account after trading account, even tanking one of them $30,000 AUD in a week.

FakeDr with his fake doctorates to boost his fragile ego after failing at high school. And in Forex Factory , his failed trading system TDA with IMT with ZERO viewers and subscribers.

Look at his nonsense posted .... "overdue" in his failed thread.

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Enjoy the daily laughs he provides in Big E thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,775
  • Feb 8, 2021 9:44pm Feb 8, 2021 9:44pm
Any TMS traders should have cut loss with the UJ spike down breaking a major level, if bought earlier and still have open positions.
Down swing has started and potentially another 40-70 pip drop. Waiting to see if a TMS sell set up occurs at retests.

Only fake TMS gurus add to losing trades. BigE closed losing trades to cut loss.
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  • #116,776
  • Feb 9, 2021 1:34am Feb 9, 2021 1:34am
Hey @tommydogint how do you find tms indicators on tradingview ?
  • #116,777
  • Feb 9, 2021 2:02am Feb 9, 2021 2:02am
Quoting bays96
Hey @tommydogint how do you find tms indicators on tradingview ?
A few ways you can do.

1) Search for "Trader Dynamic Index (TDI) in the search. There are many people already made their scripts public. The TDI by TuanLouis is accurate, RSIMA 2 and 7.

2) Here is part of my script coding for Green and Red TDI lines. Feel free to copy and paste. The 32 50 and 68 lines are also drawn, as BigE sometimes referred to them for "good entries"
I am using my own script with additional alert and indication functions, hence you see some labels on my chart's TDI.

====

//@version=4
study(title="TMS TDI (13,0,2,7)", format=format.price, precision=3, resolution="")
len = 13
src = close
up = rma(max(change(src), 0), len)
down = rma(-min(change(src), 0), len)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))
FastMA = sma(rsi, 2)
SlowMA = sma(rsi,7)
plot(FastMA, color=#00ff0c, linewidth=2)
plot(SlowMA, color=#ff0000, linewidth=2)
hline(68, color=color.gray)
hline(50, color=color.orange)
hline(32, color=color.gray)

====
  • #116,778
  • Feb 9, 2021 6:31am Feb 9, 2021 6:31am
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 an essential skill in life and trading. Focus on your objectives of visiting FF.

BigE: #4432 "we are now in Trading Systems under "Trading Made Simple"... I want to invite you all and lets build this new thread together... I'm depending on you... Let's kick bootie..."

Let's restart it...

Indicators (for download MT4 indicators,#25)
1. TDI Fast & Slow MA (13, close, 2,7) ---- #116,243
2. HA candles (Synergy APB is a slight variation)
3. 5 EMA, shift 3
4. Stoch (8,3,3)

Entry criteria (Mechanical)
1. TDI "Green Cross Red"
2. TDI "Bounce Entry"

Additional criteria (Discretionary)
1. TDI green line retrace from 32 (For buy) or 68 (for sell)
2. Recent price structure levels. Look left
3. Divergence on TDI or Stoch
4. Stoch to agree with the price direction.

... Constructing

========
Examples of TMS setups and trades
Week of Feb 1: #116,757

========
BigE: #802 "OK Gang..... I've already posted I don't want anything to do with an EA for this method... so someone puts one on a post... STOP."

Important: Trading Made Simple does not use Averaging Down strategy. BigE traded H4 and closed all open trades every day. Averaging Down trades are not part of TMS. Also a 65% chance price going against entries, needing averaging down to BE, indicates a very poor entry strategy. A random entry can have 40-50%.

Not only me agree to this... Everyone is respecting BigE and his thread Thumbs down when you see things like Blessing3 EA trades and Averaging down!
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  • #116,779
  • Feb 9, 2021 6:42am Feb 9, 2021 6:42am
Hey Folks

This is my way to honour Eric aka eelfranz our OP wishes to help other traders by providing you

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
  • #116,780
  • Feb 9, 2021 6:44am Feb 9, 2021 6:44am
Quoting emmanuel7788
{quote} BTCUSD Feb08 - nice weekend trading folks for those buyers. - Today open nice follow through from the LTF region region 37950 and 38752 H1 {image} Daily - new high! - same buy when break high. {image} - what do you think of BTCUSD hitting USD50,000 ?

Quoting emmanuel7788
{quote} {image} BTCUSD Feb09 Tokyo Open - if you missed the last break high, it is too late. - now there is a chance for the LTF retracement... 43.910ish and 43,170ish {image} BTCUSD hitting USD50,000
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BTCUSD made today new high !

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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