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Trading Made Simple

  • #122,981
  • Jul 23, 2021 8:49pm Jul 23, 2021 8:49pm
Quoting romulorios
{quote} I admit, I'm not interested in reading this topic. How difficult is it to submit your indicator? I will never understand this romanticism of putting a figurative sense in everything. Examples: Does this indicator repaint? "The cow walks through the pasture, but only eats feed. Page 25 kkkkk" Can you send me this indicator? "The white plane needs a clear sky to fly" What indicator can I use to increase the assertiveness of method 5? "I can bring you water, but I can't make you drink." Using this type of language now and then is not a bad...



I know you a little better from your post.

I understand what you want.

I will need to find time and to help you.

Here is link to Britpip7 another of Big E' pioneer member and OP of his own thread
Trading Made Simple for Day Charts

download @TMSTDI WatchDog link below:


https://www.forexfactory.com/thread/...55#post8227655

or simple click >>> { download }

let me know when you have installed the @TMSTDIWatcDog in your PC running MT4.
I will have to post a few live charts and explain a few more things that have helped me learn the TDI and mastered Big E 5-Method.

Have Fun with the TMSTDIwatchdog.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,982
  • Jul 23, 2021 9:08pm Jul 23, 2021 9:08pm
Quoting tommydoginti
{quote} I see a pattern here for those toxic posters in the last few posts... 1) Naysaying to BigE's TMS 5-method, saying TDI cross/bounce doesn't work blah blah 2) Empty charts with no trades 3) Adding various indicators to confuse others 4) When others are exchanging knowledge, jump in and raise argument but with wrong concepts/information 5) When pointed out his mistakes, bicker, such as calling others "newbie", but it was him being ignorant... Seeing that he has no valid points to correct my explanation on indicator...

"Seeing that he has no valid points to correct my explanation on indicator “repainting” issue...
I have also suggested ways to fact check the issue yourself so you can verify the information in that post
"

I suggested these:
Post#122,965

======================
@tommydogie

You started trading in Oct last year.

You only started trading what you consider original Big E' TMS in Feb this year.

You are new to MT4 and mql4 programming. You are ignorant and naive, you still do not know what you are talking about here - repaint, recalculate, refresh, etc. etc.

I know these distinguished members like Xaphod, zznbrm, hanover , plamendp, ... in Forex Factory they know about MT4 custom indicators and they know what is repainting far better than you trying to teach people in this thread.

Go to their threads in Forex Factory and learn from them.

and for TMS indicators, there are lots of them in this thread:
Indicators for the 'Trading Made Simple' system
{ here }
======================
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,983
  • Jul 23, 2021 10:33pm Jul 23, 2021 10:33pm
""I think you guys are paying more attention to the TDI than Chart.first see whats on the chart folks..then look at the TDI and confirm you entry with the TDI.not the other way around.

This is why most of the traders get killed.dont do that mistake ppl.""
loveevery1

I 100% agree with him.
MA provides the market's current direction and strength.
  • #122,984
  • Edited 10:57pm Jul 23, 2021 10:40pm | Edited 10:57pm
Quoting emmanuel7788
{quote} I learn from Dean Malone and in his trading room , when he released newer version of his Synergy 'system', he would do some sort of curve fitting to his older versions. One example is his Price Action Channel. Trader 'complained' they missed too many trade opportunities because of the old PAC, so he took some steps to find improvements. Curve fitting is nothing new nor original. He also improve his APB to become Pro_APB which is nicer to help new traders. {image}
New PAC works good too, I think using 10 ema is good enough no need curve fitting,

10 ema high low vs Synergy pro PAC.
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MA provides the market's current direction and strength.
  • #122,985
  • Jul 24, 2021 1:20am Jul 24, 2021 1:20am
Hi friends
here im sharing DAN VALCU Heikin Aski book https://www.pdfdrive.com/heinkin-ash...200791662.html

Enjoy weekend..
cheers..

if anyone have simple heikin aski patterns pls share..
Sirajdeen
  • #122,986
  • Jul 24, 2021 1:57am Jul 24, 2021 1:57am
Quoting romulorios
{quote} I admit, I'm not interested in reading this topic. How difficult is it to submit your indicator? I will never understand this romanticism of putting a figurative sense in everything. Examples: Does this indicator repaint? "The cow walks through the pasture, but only eats feed. Page 25 kkkkk" Can you send me this indicator? "The white plane needs a clear sky to fly" What indicator can I use to increase the assertiveness of method 5? "I can bring you water, but I can't make you drink." Using this type of language now and then is not a bad...
How difficult is it to accept that post#25 indicators are the only indicators you will need for this method.
How hard is it to go to that post and download those indicators?
------
What indicator can I use to increase the assertiveness of method 5?
>You made someone's day with that request. Now you have to watch some special prepared charts to understand one indicator.

What for?
Post 2 clearly show you the "know how".
Post 6 clearly give the rules.
Post 25 clearly gives the indicators.
Post 647 clearly show what to look for.

What more do you need?
Something like this?: Post 122,954

Anyway enjoy your special prepared charts next week.
  • #122,987
  • Jul 24, 2021 2:17am Jul 24, 2021 2:17am
Quoting romulorios
{quote} I admit, I'm not interested in reading this topic. How difficult is it to submit your indicator? I will never understand this romanticism of putting a figurative sense in everything. Examples: Does this indicator repaint? "The cow walks through the pasture, but only eats feed. Page 25 kkkkk" Can you send me this indicator? "The white plane needs a clear sky to fly" What indicator can I use to increase the assertiveness of method 5? "I can bring you water, but I can't make you drink." Using this type of language now and then is not a bad...
1. Some do, some do not. Big E refreshed his chart so he use the data he found in real time. BTW, visual backtesting does not work on any oscillator.
2. Yes, find the paperclip and go to town.
3. HA bars if you are attempting to anticipate crossings. Big E did not advise this however. Nor does any other chartist. The last 30 seconds of a bar can change the entire chart.

I hope that is straight forward enough for you.
If you are good at something, never do it for free--Joker
  • #122,988
  • Edited 2:54am Jul 24, 2021 2:43am | Edited 2:54am
Quoting romulorios
{quote} I admit, I'm not interested in reading this topic. How difficult is it to submit your indicator? I will never understand this romanticism of putting a figurative sense in everything. Examples: Does this indicator repaint? "The cow walks through the pasture, but only eats feed. Page 25 kkkkk" Can you send me this indicator? "The white plane needs a clear sky to fly" What indicator can I use to increase the assertiveness of method 5? "I can bring you water, but I can't make you drink." Using this type of language now and then is not a bad...
Haha, true! That "magic" thread is full of romanticism.

Regarding to the TDI. There are several buggy versions for mt4. They are not "repaint" but they show wrong data. If you update your chart or if mt4 will reconnect it will refresh itself and you will see the real picture.

If you can trade using mt5 there are good version: https://www.mql5.com/en/code/20323
Also for mt5 there are TMS arrows indicator: https://www.mql5.com/en/code/22779
Btw there are mt4 versions too (just search the codebase), but I don't use it so can't help.
You must remember that TDI is not a magic indicator. It use moving average to calculate RSI. So in fact it is RSI. And it is oscillator. It has 0-100 range only and it is useless on trends. Great example is last week btcusd.

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As you see here there were a lot os TDI cross, most were with good angle. They were on top. Also Stoch (bottom indicator is 3 x stoch and 1 x RSI) was on top too. But most of they failed (5 of 6). Why? Because it was a trend but TDI is an oscillator.

If you will code TMS rules into pine script (tradingview) strategy on into mql ea you will see that there are no positive expectation no matter what pair to use or what setting (that's why EAs are prohibited here - you will be upset too fast and there will be nothing to dream about).

But nobody cares about it. Everyone wants to have holy grail system.

My advice: don't waste your time for that.
Observer effect
  • #122,989
  • Jul 24, 2021 2:57am Jul 24, 2021 2:57am
Quoting emmanuel7788
{quote} I learn from Dean Malone and in his trading room , when he released newer version of his Synergy 'system', he would do some sort of curve fitting to his older versions. One example is his Price Action Channel. Trader 'complained' they missed too many trade opportunities because of the old PAC, so he took some steps to find improvements. Curve fitting is nothing new nor original. He also improve his APB to become Pro_APB which is nicer to help new traders. {image}
Emmanuel, I'm study Dean Malone Synergy system but I do not understand the new PAC. Do you know how the new PAC is calculated?
  • #122,990
  • Jul 24, 2021 4:35am Jul 24, 2021 4:35am
Quoting dzimidula
Are there any people in this thread still following Big E's method as he showed it, and if so, how is it going? And if you are, are you exiting on TDI change or do you use a fixed TP?
Hi dzimidula,

You first need to understand the RULES of BigE’s TMS 5-method.

Here the the rules of TMS 5-methods. Each link to the respective posts by BigE explaining the RULES

BigE has his HABITS in trading the TMS 5-method such as he likes H4. But in his posts explaining RULES, he explicitly mentioned “It works on any timeframe”

some traders hold the misconception that HABITS = RULES. If that is the case, he/she must give up 70% of the eyesight in order to trade the TMS 5-method OR never use I-core CPU, meaning computers manufactured after 2012

====

1. TDI is heart of the TMS 5-method --- #261, #2617
All trades I share here are signaled by TDI green cross /bounce red

2. Flexible time frames and time of day that suit traders --- #644, #1170, #4470
I usually trade during work hour because of my privilege at my job which I have a lot of free time. Sometimes at night because it is London/NY market time when volatility is high. I like Lower Time Frame because I prefer quick-in-quick-out.

3. simple PA analysis that everyone can learn --- #276, #647
I prefer leading ones which I can anticipate TMS TDI cross/bounce setups to catch the swing in early stage like BigE demonstrated in his charts

4. Aligning with the discussion of this thread during BigE's time, entries are the main focus --- #495
If I have other aspect of trading to share, I would go to other related threads. I hope readers in this thread can receive concise and relative information in respective thread for efficient learning

5. correct use of TDI Green & Red lines --- #11
#11 has clearly shown that BigE refreshed his chart before viewing the chart. Traders who want to learn and practice the TMS should 1) refresh the chart before analysis, or 2) use a non-repainting TDI Green Red indicator. I chose the later.

6. Absolutely no EA --- #802
Two reasons: 1) To respect the thread rule. 2) If you need to rely on EAs to help you become profitable, i) Your trading skill is so-so at this stage, and ii) you will never learn the discretionary analysis that can further improve your trading skills

7. Most importantly, I participate the forum with respect --- #486
  • #122,991
  • Jul 24, 2021 5:08am Jul 24, 2021 5:08am
Quoting emmanuel7788
{quote} "Seeing that he has no valid points to correct my explanation on indicator “repainting” issue... I have also suggested ways to fact check the issue yourself so you can verify the information in that post " I suggested these: Post#122,965 ====================== @tommydogie You started trading in Oct last year. You only started trading what you consider original Big E' TMS in Feb this year....

You have nothing to contribute in this discussion. Not to mention your misconceptions are toxic to others, which can take traders in the wrong path of trading development and fail.

I also know those distinguished members, but as you wrote, That does not include you and you don’t know anything about MQL4.
I know better than you about the MT4 coding and indicators used by BigE in the TMS method.

Traders need to learn the correct information. When you can put down your ego and admit your mistakes, you will be a better trader.

You can keep your misconceptions to yourself but not to mislead others

trade well


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  • #122,992
  • Jul 24, 2021 5:27am Jul 24, 2021 5:27am
Quoting hasib
""I think you guys are paying more attention to the TDI than Chart.first see whats on the chart folks..then look at the TDI and confirm you entry with the TDI.not the other way around. This is why most of the traders get killed.dont do that mistake ppl."" loveevery1 I 100% agree with him.

I totally agree with you.

BigE’s TMS method has one important post #647. There is a part of Price Action analysis on top of TDI cross

Some traders tried to trade solely on TDI cross/bounce signals, that is definitely a losing approach. According to Ryuryu, the win rate is ~47%

#647 is one of the parts to pick the TDI signals that has high chance of winning.

As BigE mentioned, 65% win rate is a milestone of getting a glimpse of TMS

The question is how exactly. There must be more than 300 TDI crosses on m1-H4 since Feb.

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When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:

How close am I to the previous high or lo

Am I in an uptrend or downtrend.. short & long term...

Am I in or close to a consolidation area

Are the previous candles small...

Look at the candles on the last reversal... big, little, what

How does the momentum look right now (12-2, 4-6)

Does Stoch's confirm the TDI signal

Sounds like a lot of stuff but it's basic stuff and only takes a moment to observe it...
  • #122,993
  • Jul 24, 2021 5:53am Jul 24, 2021 5:53am
Quoting Sirajdeen
Hi friends here im sharing DAN VALCU Heikin Aski book https://www.pdfdrive.com/heinkin-ash...200791662.html Enjoy weekend.. cheers.. if anyone have simple heikin aski patterns pls share..

" if anyone have simple heikin aski patterns pls share"

hi Sirajdeen

thanks for the Dan Valcu Heiekn Ashi pdf book...
this will definitely help others here.

My top favourite APB/HA candle pattern is the True REVERSAL candle pattern as that is according to Big E' Post#261.

This HA pattern account for more than 65% of all my swing/trend reversal trades.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,994
  • Jul 24, 2021 5:59am Jul 24, 2021 5:59am
Quoting Sirajdeen
Hi friends here im sharing DAN VALCU Heikin Aski book https://www.pdfdrive.com/heinkin-ash...200791662.html Enjoy weekend.. cheers.. if anyone have simple heikin aski patterns pls share..
Quoting emmanuel7788
{quote} " if anyone have simple heikin aski patterns pls share" hi Sirajdeen thanks for the Dan Valcu Heiekn Ashi pdf book... this will definitely help others here. My top favourite APB/HA candle pattern is the True REVERSAL candle pattern as that is according to Big E' Post#261. This HA pattern account for more than 65% of all my swing/trend reversal trades. {image}
Another of my favourite HA pattern is the CONTINUATION setup in an established swing/trend.
This is also know as a POP Gun setup - with a HA candle with BUEOB and Inside Bar breakout.

Example of my running swing trades, GBPAUD running for the second week and added some more profits to my monthly cash flow goal.
Note this is Weekly candle trade following Big E' training chart examples but I use the TMS_v19 Trend 2/8 as additional filter to the Price Action and 5EMA.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Week 29 NYClosed Jul 23 24-7-2021 6-56-51 pm.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,995
  • Jul 24, 2021 6:07am Jul 24, 2021 6:07am
Quoting tommydoginti
{quote} Ryuryu has got a good point, Fixed TP does not work. Fixing TP at 10pips, 25pips, etc is losing in a long run BigE did not set a fixed TP. He also practiced timed trade close at PT 6AM if trading H4. as suggested by BigE in #647, S/R are factored into trade plans. You can use price levels to plan your entries and exits so as to increase the odds of winning and profit Fixed TP cannot help you to get this 14.92R trade in AU, 6.4R in EU, etc. {image}{image}

TDI cross/bounce signals are a very good alternative to HA candle patterns. Engulfing and Outside bars are all with a TDI signal as of BigE’s TMS method.

Just simple Support rejection with TDI bounce then cross at 1.36261. 130 pips profit.

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Attached Image
  • #122,996
  • Jul 24, 2021 6:10am Jul 24, 2021 6:10am
Quoting solorik
{quote} and what is 0.125 & 0.625 stands for
equation of APB close is average of OHLC with weight at ratio of O:H:L:C of 1:1:1:5.

Since you are to determine the price causing candle Color change, I balance the equation with close on left.

trade well
  • #122,997
  • Jul 24, 2021 6:15am Jul 24, 2021 6:15am
Quoting ryuryu
{quote} Haha, true! That "magic" thread is full of romanticism. Regarding to the TDI. There are several buggy versions for mt4. They are not "repaint" but they show wrong data. If you update your chart or if mt4 will reconnect it will refresh itself and you will see the real picture. If you can trade using mt5 there are good version: https://www.mql5.com/en/code/20323 Also for mt5 there are TMS arrows indicator: https://www.mql5.com/en/code/22779 Btw there are mt4 versions too (just search the codebase), but I don't use it...

They are not "repaint" but they show wrong data

You nailed it!

You are experienced in the indicators and coding, unlike some traders who has no knowledge about “repainting” and the issue with the MT4 TDI green red custom indicator.

More information in this post - Link
  • #122,998
  • Jul 24, 2021 6:16am Jul 24, 2021 6:16am
Quoting emmanuel7788
{quote} {quote} Another of my favourite HA pattern is the CONTINUATION setup in an established swing/trend. This is also know as a POP Gun setup - with a HA candle with BUEOB and Inside Bar breakout. Example of my running swing trades, GBPAUD running for the second week and added some more profits to my monthly cash flow goal. Note this is Weekly candle trade following Big E' training chart examples but I use the TMS_v19 Trend 2/8 as additional filter to the Price Action and 5EMA. {image}

Just sharing this discussion we had in a Telegram group earlier today.

We see a potential for the market to reach the FE161.8 level if the AB=CD leg is true in the coming weeks. But we need some major event to make this happen.
Trade management wise, we protect all downside and let the market decide the upside for this trade plan.

Anyone wanting to jump in next week can look for low risk trading ideas in low timeframes with small stop loss and build up your positions gradually. How to build positions, Big E has his own ideas shared in his old thread.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Weekly ADCB JUly 23 NYClosed 24-7-2021 7-09-00 pm.png Size: 29 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,999
  • Jul 24, 2021 6:27am Jul 24, 2021 6:27am
Quoting Tekkies
{quote} How difficult is it to accept that post#25 indicators are the only indicators you will need for this method. How hard is it to go to that post and download those indicators? ------ What indicator can I use to increase the assertiveness of method 5? >You made someone's day with that request. Now you have to watch some special prepared charts to understand one indicator. What for? Post 2 clearly show you the "know how". Post...
"
What for?

Post 2 clearly show you the "know how".

>>> Post#2617 trading mastery

Post 6 clearly give the rules.

>>> Post#7612 'confusion by Big E'

Post 25 clearly gives the indicators.

>>> Post#261 Basics of Big E' 5-Method

Post 647 clearly show what to look for.

>>> Post#122,573 FPA website

What more do you need?"

I think some new traders will need these >>> missing pieces of the Big E puzzle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,000
  • Jul 24, 2021 6:43am Jul 24, 2021 6:43am
Quoting kirinda
{quote} Emmanuel, I'm study Dean Malone Synergy system but I do not understand the new PAC. Do you know how the new PAC is calculated?

Ok. It was quite a long story as I heard from another active trader in his trading room and I was told Eric was a big contributor.
We recall Big E said many times Dean' method was too conservative and using his original PAC means missing out many APb#1 and APB#2 setup entries.

Dean tried to move the PAC using Shift+1 5SSMA High Shift+1 and 5SSMA Low shift+1 as the first improvement.

Then came the huge change in Synergy_Pro release.
The PAC with Shift+1 was completely change to use a 9EMA Shift+1 and calibrating by reducing the high-low channel width using some sort of multiplier factor.
I did some study and live chart data comparison using differen MAS, but finally came to the 10EMA (no shift) and calibrated the channel width and came 99.9% close.

If anyone interested I can share my TMS-II channel indicator developed back in 2013.
Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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