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Trading Made Simple

  • #118,621
  • May 10, 2021 8:34pm May 10, 2021 8:34pm
Quoting emmanuel7788
{quote} - ... {image}
Good! That’s why after break out I set SL to 4R.

that also showed up on H4
  • #118,622
  • May 10, 2021 8:41pm May 10, 2021 8:41pm
Quoting mistdraw28
{quote} 1: 10 pips TP 2: I get out of my hand Turn off EA when posting questions for you. {image}
Sorry Mistdraw. I tried to help you seeking a better setting for you.

You can read my previous post which I did some calculation based on the setting you shared.

Briefly, your current setting requires 17pips or less for SL in order to ensure >1 RR given the 3 TPs are hit.

if the SL is >17pips, then the final 5% “let winner run” can be challenging.

If SL = 30 pips, TP4 has to be at least 270 pips away
if SL = 40 pips, it is approx 455 pips.
otherwise your trade will be closed at <1RR even a “perfect win”

good luck and trade well
  • #118,623
  • May 10, 2021 8:47pm May 10, 2021 8:47pm
Quoting tommydoginti
{quote} Good! That’s why after break out I set SL to 4R. that also showed up on H4

LOL. You set SL to 4R???

A newbie common mistake is cannot differentiate what is initial Stop Loss and what is 4R.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,624
  • May 10, 2021 8:58pm May 10, 2021 8:58pm
Quoting tommydoginti
{quote} Sorry Mistdraw. I tried to help you seeking a better setting for you. You can read my previous post which I did some calculation based on the setting you shared. Briefly, your current setting requires 17pips or less for SL in order to ensure >1 RR given the 3 TPs are hit. if the SL is >17pips, then the final 5% “let winner run” can be challenging. If SL = 30 pips, TP4 has to be at least 270 pips away if SL = 40 pips, it is approx 455 pips. otherwise your trade will be closed at <1RR even a “perfect win” good luck and trade well

hey @tommydogie

You are wrong AGAIN with your assumptions using SL > 17pips, SL=30pips TP = 270pips, ... all these are wrong. You do not have the SYSTEM THINKING!

You still not getting it. You have not learn how Big E trade with his $10k account, how he place his trade entry and where he would place his stop loss, how he exit when price pulls back on his entry, etc. etc. etc. lots of examples in all his 463 and 861 posts.

Now download that THV CaveManager EA and learn how to use that EA to manage your trade and see how it work in realtime market trading. But looking for a potential trade with 4R would be the challenge for most newbies like you with only 8 months trading experience with the TDI.

"let winners run" is another feature in THV CaveManager. I'll let you find this out on your own when you can find the next best setup on H4 chart timeframe.

You need to have that Systems Thinking what Dr.Van Tharp written in his books. Most newbies do not have that System Thinking. Newbies look for quick money, fast profits, get rich quick schemes, instant millionaire $500 to one million dollars, etc.

Good luck.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,625
  • May 10, 2021 9:14pm May 10, 2021 9:14pm
Quoting tommydoginti
{quote} Good! That’s why after break out I set SL to 4R. that also showed up on H4

hey @tommydogie

when you get home after work today, talk to your 62 year-old dad and learn from his trading the HSI for his retirement expenses.

learn from him how he day-traded HSI last week and today when price gap down.

Attached Image (click to enlarge)
Click to Enlarge Name: HK50 CFD 11-5-2021 10-07-45 am.png Size: 18 KB

you have a lot to learn from your own dad. He should be your trading mentor.

Also read this book by Robert Kiyosaki

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,626
  • May 10, 2021 10:23pm May 10, 2021 10:23pm
Could not help to notes this peace of misinformation:
Post 118,625 "where he would place his stop los"

It goes directly against what BigE has posted:
Post#53........ I hate S/l trading. The safest way is to place your S/L at the last high or low a couple of candles back... I've never had one taken out that way...

The few time BigE did post about S/L was to give guidance to those who prefer to trade with S/L. Post#4109 is one such post.

Why do you need a TP/SL, the exit rules will never allow a trade to get even close to a S/L.

Post#6.... Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
  • #118,627
  • May 10, 2021 11:19pm May 10, 2021 11:19pm
Quoting mistdraw28
{quote} Hi brother ! I installed EA THV Cave according to you but when placing 10 pips I have locked 1.0 and I have 0.1 lot left. so it did not close 60% correctly when it hit 10 pips: (( : I entered 1.1 lots
Hi Mistdraw,

I am afraid Emmanuel is not willing to help you further.
While he is unable to help, I have quickly made up a table for setting up parameters.

Based on the TP settings, this table calculates the required pips of the RUNNER to achieve 1:1 RR. I added a section of post-trade statistics where you can indicate if the TPs were hit and the pips gain by the RUNNER. This table then calculate the RR and also itemize the proportion of profit in the particular trade.

**All values in the colored boxes can be modified according to your particular settings.

This is just a simple illustration of the RR with partial close MM.
Please feel free to PM me for a copy.

Attached Image (click to enlarge)
Click to Enlarge Name: fe095e11bec299b1187994c1ee7a3af0.png Size: 128 KB
  • #118,628
  • May 10, 2021 11:32pm May 10, 2021 11:32pm
Quoting Tekkies
Could not help to notes this peace of misinformation: Post 118,625 "where he would place his stop los" It goes directly against what BigE has posted: Post#53........ I hate S/l trading. The safest way is to place your S/L at the last high or low a couple of candles back... I've never had one taken out that way... The few time BigE did post about S/L was to give guidance to those who prefer to trade with S/L. Post#4109 is one such post. Why do you need a TP/SL, the exit rules...

hey TMS Folks

we all know by now that @Tekkies has poor reading comprehension skills.

he missed so many of Big E' other posts on "follow simple rules for entries and exits".

he already posted wrong information on TDI painting and re-painting (his post#73,461) , yet he refused to admit a common newbie mistake on what is TDI #25 re-painting.


Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post 73,461 wrong information.png Size: 502 KB


stay tuned for more, we shall give him more time to edit his post which he frequently does.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,629
  • May 10, 2021 11:39pm May 10, 2021 11:39pm
Quoting tommydoginti
{quote} Hi Mistdraw, I am afraid Emmanuel is not willing to help you further. While he is unable to help, I have quickly made up a table for setting up parameters. Based on the TP settings, this table calculates the required pips of the RUNNER to achieve 1:1 RR. I added a section of post-trade statistics where you can indicate if the TPs were hit and the pips gain by the RUNNER. This table then calculate the RR and also itemize the proportion of profit in the particular trade. **All values in the colored boxes can be modified according to your particular...

hey TMS Folks,

very interesting spreadsheet study filled with assumptions which is the usual newbie mistake in paper trading.

lets all be patient and wait for @tommydogie to complete his 1,000 trades to prove his statistical theory of 0.5RR.
He already made a fatal mistake in his spreadsheet.

I am sure we are all very interested in the final results after the first 1,000 trades using THV CaveManager.

Good luck to him.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,630
  • May 10, 2021 11:44pm May 10, 2021 11:44pm
TMS Monitor May11 H4

- we have seen the first H4 today and now we wait for the next H4 which is EST 1AM PDT 10PM (Big E ' H4 candle)

- how many pairs with TDI tweek, hook over, cross red, etc. potential when the current H4 closes ?

- which pairs have you done your Weekly Top Down Analysis and have a trade plan for today' trading?

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor May11 before 1AM 10PM H4 11-5-2021 12-25-42 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,631
  • May 10, 2021 11:52pm May 10, 2021 11:52pm
Quoting emmanuel7788
TMS Monitor May11 H4 - we have seen the first H4 today and now we wait for the next H4 which is EST 1AM PDT 10PM (Big E ' H4 candle) - how many pairs with TDI tweek, hook over, cross red, etc. potential when the current H4 closes ? - which pairs have you done your Weekly Top Down Analysis and have a trade plan for today' trading? {image}

AU May 11 H4

- H4 with 10mins 36sec to close

- what you see on your TMS Monitor now?

- what you see on your TMS V19 chart?

- the next H4 will include the FO and LO candles.

Attached Image (click to enlarge)
Click to Enlarge Name: AU May11 H4 10m36sec to close 11-5-2021 12-49-26 pm.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,632
  • May 11, 2021 12:03am May 11, 2021 12:03am
Quoting emmanuel7788
TMS Monitor May11 H4 - we have seen the first H4 today and now we wait for the next H4 which is EST 1AM PDT 10PM (Big E ' H4 candle) - how many pairs with TDI tweek, hook over, cross red, etc. potential when the current H4 closes ? - which pairs have you done your Weekly Top Down Analysis and have a trade plan for today' trading? {image}

A new H4 May11 1AM EST 10PM PDT

- ?

- now I wait during this H4 trade window

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Moni May11 H4 1AM EST 10PM PDT 11-5-2021 1-01-12 pm.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,633
  • May 11, 2021 12:11am May 11, 2021 12:11am
Looking at AU, AJ and UJ H1 now.

This is also Tokyo 5H high-low trading

If anyone interested and also trading these pairs, then post your TMS chart and we can discuss trading today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,634
  • May 11, 2021 12:14am May 11, 2021 12:14am
Quoting tommydoginti
{quote} Hi Mistdraw, I am afraid Emmanuel is not willing to help you further. While he is unable to help, I have quickly made up a table for setting up parameters. Based on the TP settings, this table calculates the required pips of the RUNNER to achieve 1:1 RR. I added a section of post-trade statistics where you can indicate if the TPs were hit and the pips gain by the RUNNER. This table then calculate the RR and also itemize the proportion of profit in the particular trade. **All values in the colored boxes can be modified according to your particular...

Quoting emmanuel7788
{quote} hey TMS Folks, very interesting spreadsheet study filled with assumptions which is the usual newbie mistake in paper trading. lets all be patient and wait for @tommydogie to complete his 1,000 trades to prove his statistical theory of 0.5RR. He already made a fatal mistake in his spreadsheet. I am sure we are all very interested in the final results after the first 1,000 trades using THV CaveManager. Good luck to him.

by now, two members already spotted that fatal mistake made in @tommydogie spreadsheet.

if you still have, then download the THV CaveManager and load that EA onto your charts and start using it.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,635
  • May 11, 2021 12:19am May 11, 2021 12:19am
Quoting emmanuel7788
{quote} {image} hey Folks, when I see @neosqualls post, I knew exactly who the daily trolls are by the likes. @neosqualls thinks he understands why my TMS_Evo is no longer available. If you want to know too, then go read this thread by MoneyZilla. Verbal diarrhea matches trading skills? https://www.forexfactory.com/thread/...trading-skills Trolls with verbal diarrhea in this thread should follow that thread and show us if they can survive 12 months trading retail spot forex market with TDI.

Trolling? Emmanuel, there is thousands of your posts with only insults to other people in this thread. You should be ashamed to talk about verbal diarrhea.
Who takes hundreds of hours to insult, to make picture to reduce people and insulting their ideas ??

You are toxic here.

As i said, you want to master the thread saying to people what they can do or what they should think, but this is not you thread. What you want Emmanuel is to take the legacy of this thread which is probably the oldest and was a very popular system. You want to take it for your own; are you too lazy to create your own and show to people the great trader you are ?
  • #118,636
  • May 11, 2021 12:33am May 11, 2021 12:33am
Have notice a other misconception being posted.
Does the member have problems to understand plain simple English?
Attached Image (click to enlarge)
Click to Enlarge Name: help.PNG Size: 198 KB
Does post#25 TDI repaint after bar close or only on chart refresh/MT4 restart.
> Never refresh or restart a chart, post#25 will be a non repainting indicator.
(Unless the broker update the data feed to replace missing ticks which will change some bars)
  • #118,637
  • May 11, 2021 12:34am May 11, 2021 12:34am
Quoting neosqualls
{quote} Trolling? Emmanuel, there is thousands of your posts with only insults to other people in this thread. You should be ashamed to talk about verbal diarrhea. Who takes hundreds of hours to insult, to make picture to reduce people and insulting their ideas ?? You are toxic here. As i said, you want to master the thread saying to people what they can do or what they should think, but this is not you thread. What you want Emmanuel is to take the legacy of this thread which is probably the oldest and was a very popular system. You want to take...

hey @neosqualls

and you are WRONG in what is your opinion.

try read all the posts of every member and do it slowly with an open mind. your brains wont fall out.

Good luck.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,638
  • May 11, 2021 12:41am May 11, 2021 12:41am
Quoting Tekkies
Have notice a other misconception being posted. Does the member have problems to understand plain simple English? {image}Does post#25 TDI repaint after bar close or only on chart refresh/MT4 restart. > Never refresh or restart a chart, post#25 will be a non repainting indicator. (Unless the broker update the data feed to replace missing ticks which will change some bars)

hey Tekkies

your questions have been answered over and over again many times during Big E time and also by Dean Malone in his trading room sessions.

Big E traded with the TDI original version named Traders_Dynamic_Index by Dean Malone 2006. That is the same version in Post#25.

You can see both 'painting' and 'repainting' in realtime market live data. You missed looking at the details. If you cannot see with both eyes, then try reading the Data Window.

Attached Image (click to enlarge)
Click to Enlarge Name: TDI Data Window 11-5-2021 1-39-58 pm.png Size: 84 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,639
  • May 11, 2021 12:54am May 11, 2021 12:54am
Quoting neosqualls
{quote} Trolling? Emmanuel, there is thousands of your posts with only insults to other people in this thread. You should be ashamed to talk about verbal diarrhea. Who takes hundreds of hours to insult, to make picture to reduce people and insulting their ideas ?? You are toxic here. As i said, you want to master the thread saying to people what they can do or what they should think, but this is not you thread. What you want Emmanuel is to take the legacy of this thread which is probably the oldest and was a very popular system. You want to take...
Many members have ask Emmanuel to start his own thread over the years and he is still here, basing/victimizing every member that does not agree with him or lick his ass shiny bright.

Tommy is suffering the brunt of that now.
  • #118,640
  • May 11, 2021 12:58am May 11, 2021 12:58am
Quoting Tekkies
{quote} Many members have ask Emmanuel to start his own thread over the years and he is still here, basing/victimizing every member that does not agree with him or lick his ass shiny bright. Tommy is suffering the brunt of that now.

hey Tekkies

since you love starting new threads so much, you can start your own thread and stop lying in this thread.

I suggest you name your new thread "TDI for me is the Holy Grail. My win rate is about 85 - 90% with with all rules applied."

Post#71,385

Quoting Tekkies
TDI for me is the Holy Grail. My win rate is about 85 - 90% with with all rules applied. "
and @tommydogie is just another newbie trader who started trading in Oct 2020. No track record of 1,000 trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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