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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #118,481
  • May 7, 2021 5:36am May 7, 2021 5:36am
Quoting beatentrader
{quote} https://www.forexfactory.com/thread/...17#post6918017 post #24,050 Anyone have a working version of this indicator? It seems it shows an arrow when the TDI crosses. I tried, but its not working, cant even attach it to charts. When i drag it or double click it, nothing happens.
Hi

Try this one enhanced by MrTools with various settings.

Trade well / Mos
Attached File(s)
File Type: ex4 TDI Red Green (mtf + alerts +arrows).ex4   72 KB | 481 downloads
File Type: mq4 TDI Red Green (mtf + alerts +arrows).mq4   36 KB | 520 downloads
Don't limit yourself!!
  • #118,482
  • Edited 6:19am May 7, 2021 6:08am | Edited 6:19am
Quoting hasib
some times market become random. GU H1 charts shows random moves. you can make profit in this market condition. if one trade win another 2 trade will lose. if you trade reversal you will see after touching stop will move your directions. {image}
That is called ranging market and you need to study BigE’s posts to understand not all TDI crosses will be winning. You need PA analysis
If you are not skillful to trade in those conditions, just stay out and play safe

Quoting beatentrader
How do u read this monitor of urs bro...? Mind sharing with us what is it telling us today?
It tells you simply go to the opposite direction. How bad is this... >60% you can find a good setup and winning trade in the opposite direction.
it’s been 2 hours since that signal. Just go check the chart and you will know. Go further back and check previous signals. The market does not lie

what happened in GU.

*Entry was based on m15 & m30. sorry for not having those screenshots
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  • #118,483
  • May 7, 2021 6:10am May 7, 2021 6:10am
Quoting Divergence
what happened craigs stoc method didnt work?
Am a new member and I salute you guys for the great works .I need to be forex pro like you guys please I need help
  • #118,484
  • May 7, 2021 6:28am May 7, 2021 6:28am
Quoting tommydoginti
{quote} That is called ranging market and you need to study BigE’s posts to understand not all TDI crosses will be winning. You need PA analysis If you are not skillful to trade in those conditions, just stay out and play safe {quote} It tells you simply go to the opposite direction. How bad is this... >60% you can find a good setup and winning trade in the opposite direction. it’s been 2 hours since that signal. Just go check the chart and you will know. Go further back and check previous signals. The market does not lie what happened in GU. *Entry...
EU and GU may finally turn to Buy bias in 30-1hr, given not breaking supports.
  • #118,485
  • Edited 7:52am May 7, 2021 7:24am | Edited 7:52am
Modern TDI share by a member here.
Complete BS indicator, by sharing this indicators he can become hero to new people.
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MA provides the market's current direction and strength.
  • #118,486
  • May 7, 2021 8:07am May 7, 2021 8:07am
Quoting tommydoginti
{quote} EU and GU may finally turn to Buy bias in 30-1hr, given not breaking supports.
That spike again!

Missed buy entry, so sell at pull back just took the modest 10pips.

Have a good weekend guys.

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  • #118,487
  • May 7, 2021 8:17am May 7, 2021 8:17am
Quoting tommydoginti
{quote} That spike again! Missed buy entry, so sell at pull back just took the modest 10pips. Have a good weekend guys. {image}
TE matrix is messed up after expanding the testing account into my second full size 20k trading account today...The point is if you need to succeed learn the things that is applicable to you, not blindly following others. Study and digest, let it becomes your (TMS) strategy

Still seeing setups coming but call it a week. Happy trading guys!

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  • #118,488
  • May 7, 2021 9:17am May 7, 2021 9:17am
close the trade. 500+ points.
Volatility means risk, when there is a risk their is a potential reward.
that is why I don't trade mean reversion in slow currency market.
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MA provides the market's current direction and strength.
  • #118,489
  • May 7, 2021 11:38am May 7, 2021 11:38am
Quoting tommydoginti
{quote} That spike again! Missed buy entry, so sell at pull back just took the modest 10pips. Have a good weekend guys. {image}
TMS TDI sell cross. Again just can’t resist the volatile market condition. Very nice PA

20pips + spread

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  • #118,490
  • May 7, 2021 12:34pm May 7, 2021 12:34pm
Quoting beatentrader
{image} NZDUSD H4 Green-Red cross already happen..this is the 2nd time crossing to the upside..(1st cross at 5/5-0000hrs candle, 2nd cross current candle 6/5-1600hrs)

Options : 1. Take this as a bounce trade and open buy order at market..(buy @ 0.7226)
2. Place buy limit order @ 0.7210 (choose this option) What would you guys do, please do give feedback. thanks in advanced.
I cancelled the buy limit order(0.7210), should had kept it, market retraced till 0.7204, then went up, its at 0.7274 as im typing this now...the reason i place buy limit at 0.7210 is because of the MA on the charts and also close to RN(0.7200)
  • #118,491
  • May 7, 2021 12:46pm May 7, 2021 12:46pm
today is Friday so it is expected move slow
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MA provides the market's current direction and strength.
  • #118,492
  • May 7, 2021 1:26pm May 7, 2021 1:26pm
In slow market there is no alternative of trading PA. Open two trade both close at profit.

first trade was not A+ set up because I opened trade against trend.
second trade was not A+ set up because I react with the momentum good things about second trade is it is with the directions of the trend.
I was predicting that price will break out of the box.
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MA provides the market's current direction and strength.
  • #118,493
  • May 7, 2021 1:33pm May 7, 2021 1:33pm
Every indicator has a vulnerability; something that makes it likely to provide trade signals at the wrong time, or not provide a trade signal at the right time. If you use an indicator, study the math underneath it. That way you can work out the vulnerabilities. Also, don't just look at the times the indicator told you do something and you won or lost, also look at times the indicator failed to warn you about getting into a trade or getting out of one.

Another drawback of indicators is that typically they're just showing what is happening on the price chart, but in a different visual way. Price action traders feel indicators are redundant, and not required, because they can only provide information that price (and volume) charts are providing anyway. Since indicators are calculated based on price (or volume, or both), they tend to lag behind what the price is doing.
MA provides the market's current direction and strength.
  • #118,494
  • May 7, 2021 8:28pm May 7, 2021 8:28pm
Quoting hasib
Every indicator has a vulnerability; something that makes it likely to provide trade signals at the wrong time, or not provide a trade signal at the right time. If you use an indicator, study the math underneath it. That way you can work out the vulnerabilities. Also, don't just look at the times the indicator told you do something and you won or lost, also look at times the indicator failed to warn you about getting into a trade or getting out of one. Another drawback of indicators is that typically they're just showing what is happening on the...
Totally agree.

in TMS, the HA candles is 1 candle delay, TDI is 2 and 7 candles delay with a compound of 13 candles. So often signals are delayed or false. Hence BigE stressed on PA analysis and TDI is merely a confirmation.

Reading BigE’s posts I found very interesting thing about the timing of his entries. At first I thought it was typo as a more formal rules were laid out in first few posts. But studying his live trade charts and attempted to practice his description of how to trade in later posts, I found my trades became more precise than in the beginning. Of course TDI is still the heart of it and final decision relies on TDI crosses and bounces. In short, one is anticipating, reacting instead of predicting the market, hence the accuracy.

I won’t disclose the answer here because I do enjoy seeing “experienced traders” clinging on the TDI dashboard that adds confidence in my trades in the opposite direction.

I like to keep it that way. Have a nice weekend
  • #118,495
  • May 8, 2021 1:00am May 8, 2021 1:00am
Quoting beatentrader
{quote} I cancelled the buy limit order(0.7210), should had kept it, market retraced till 0.7204, then went up, its at 0.7274 as im typing this now...the reason i place buy limit at 0.7210 is because of the MA on the charts and also close to RN(0.7200)
well, its weekend and time to review your own trade plan and trades with hindsight vision.

BEFORE
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AFTER
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,496
  • May 8, 2021 1:15am May 8, 2021 1:15am
Quoting hasib
Modern TDI share by a member here. Complete BS indicator, by sharing this indicators he can become hero to new people. {image}
You are right about that TDI version. Nothing new. It selling expired old stuff re-packaged with new date to make money from innocent people.
Many people lost money trading those arrows when they appear and only to learn that the arrow disappears when the price updates in live realtime market.

Like this member who sold predictive TDI and signal service.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,497
  • May 8, 2021 1:21am May 8, 2021 1:21am
Quoting hasib
In slow market there is no alternative of trading PA. Open two trade both close at profit. first trade was not A+ set up because I opened trade against trend. second trade was not A+ set up because I react with the momentum good things about second trade is it is with the directions of the trend. I was predicting that price will break out of the box. {image} {image}

trading US30 1-minute chart ... you must be like those Super Trader material mentored by Dr. Van Tharp.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,498
  • May 8, 2021 2:33am May 8, 2021 2:33am
Quoting hasib
some times market become random. GU H1 charts shows random moves. you can make profit in this market condition. if one trade win another 2 trade will lose. if you trade reversal you will see after touching stop will move your directions. {image}

that a GU chart is a very good example of Big E Post#647 - knowing the basic forex stuff for newbies and avoid taking any TDI trade.

only traders like Big E with ~ 15 years experience will know when to trade and when not to trade.

only a few price action traders would simply say NRI4Bs within a Master Candle[3].

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,499
  • May 8, 2021 3:01am May 8, 2021 3:01am
Quoting hasib
close the trade. 500+ points. Volatility means risk, when there is a risk their is a potential reward. that is why I don't trade mean reversion in slow currency market. {image} {image} {image}
why not consider to trade E-Mini Futures instead?

there is also Micro E-Mini too if you want to trade with smaller account type.

https://forum.ampglobal.com/hc/en-us...r-Live-Trading
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,500
  • May 8, 2021 3:15am May 8, 2021 3:15am
Hello!
what is your indicator called?
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