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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

  • #123,001
  • Jul 24, 2021 6:55am Jul 24, 2021 6:55am
Quoting emmanuel7788
{quote} 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...
Tanks for info Emmanuel
  • #123,002
  • Jul 24, 2021 6:58am Jul 24, 2021 6:58am
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...

Hi romulorios,

What more do you need?

Tekkies and I have replied your post on what you can use on your chart.

Please feel free to ask
  • #123,003
  • Jul 24, 2021 7:17am Jul 24, 2021 7:17am
Quoting tommydoginti
{quote} 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,...
1. TDI is heart of the TMS 5-method --- #261, #2617
All trades I share here are signaled by TDI green cross /bounce red

Unfortunately, Rule#1 is too often either misunderstood or simply applied incorrectly.
This SIGNAL is not a SWITCH that triggers a trade entry!! This SIGNAL is like an other signal--it is to get your attention or ALERT you that some condition has occurred. AFTER you see the signal, you evaluate the surrounding conditions and only then make a decision as to what ACTION you will take.

When you are driving in town and the traffic SIGNAL at the intersection ahead turns from green to red, is that a SWITCH that immediately brings your vehicle to a stop, or is it just an ALERT that you need to do an EVALUATION and make a DECISION about what action you will take? The EXPECTED action by those around you is that you will stop the vehicle. But perhaps you are in an emergency situation that results in your decision for what action to take to be to SPEED UP and continue through the intersection while the signal is red.

One SIGNAL, MORE THAN ONE possible ACTION to choose from.
One SWITCH activated, ONE ACTION occurs.

green cross red: are you using it as a SIGNAL or as a SWITCH?

Why do people claim that an EA using Rule#1 is a failure? Most likely because the EA is coded to use the SIGNAL as a SWITCH to enter a trade instead of only as a signal to EVALUATE the surrounding conditions!! If anyone actually has an EA coded to correctly use Rule#1 as only a SIGNAL, then have the criteria of Rule#3 (or any others that they like to use) been included for EVALUATION (filtering)? And if yes, is the code available for public view? If the code is not available for public scrutiny, then any claims about the performance of the EA are essentially meaningless.
To free Gazans of Hamas, use whatever it takes.
  • #123,004
  • Jul 24, 2021 7:29am Jul 24, 2021 7:29am
Quoting emmanuel7788
TDI breakout alert - for entry/exit link here for more weekend reading and learning. https://www.forexfactory.com/thread/...-for-entryexit
More material that has nothing to do with the 5-method (remember the 5-method? BigE opened THIS thread SPECIFICALLY to discuss ONLY his 5-method!). Just more clutter to confuse the naïve.

But keep doing what you're doing: We need confused traders entering on the losing side of our winning trades.
To free Gazans of Hamas, use whatever it takes.
  • #123,005
  • Jul 24, 2021 7:56am Jul 24, 2021 7:56am
Quoting tommydoginti
{quote} Hi romulorios, What more do you need? Tekkies and I have replied your post on what you can use on your chart. Please feel free to ask
If you read the text, there is no need to answer it.

Sorry, but I won't be repeating texts and the same sentences already said.

If there are still doubts, don't ask me anything, just read the text until you understand.
  • #123,006
  • Jul 24, 2021 8:23am Jul 24, 2021 8:23am
I share this system in FF many years ago. This system still works well. In fact it works much better than your TDI, TMS, TMSR. Trust me I have tried what your trying it now and feeling you have some Holi grail called TDI.

some Idiot comes here and say I don't use my system that is not true, I still use ema in my trading,
I have tried many kind of MA, I have listen to many coder they say ema is not good. Truth is in EA ema may not works but in manual trading, EMA is the best, HMA, KAMA, all other new MA may have advantage in EA world but not in the Manual trading world. some good coder use ema in their system and make profit. Another truth is EA traders fail like manual trader, In fact many EA traders fail.

I know lot of youtuber and EA trader will not like EMA and they will tell you moving average is lagging indicator. But truth is you need Lagging indicator in your trading.
Try EMA or LWMA. You will find good results than TMS. Try it 6 month. Don't gamble open single entry trade.
I know some idiots like David who use 20 entry as a new trader you may think he is doing something good. Truth is This kind of stupid present in all over the internet. If you follow those You never learn trading you will learn gambling. Use single entry and single exit. Don't listen to gambler. Never, Never increase your lot size after losing a trade. I know, I know I am talking against Craig Harris the teacher of BigE. Yes I disagree with BigE many point, I disagree with EMM many point one is multiple exit.
Now new trend is begin that is, I am smarter than other trader because I trade smart money. I call them stupid, Those stupid never read good traders books and those stupid never know what is they talking about. Peter Lynch in his book told smart money is not so smart until you thought they are smart.
Trade your method don't believe other people system works better. Be good at your own system. Manage risk.
It doesn't' matter you use HA or APB or Candle as long as your consistent in your trading, You will lose money not because you use HA instead of APB. You will lose money because of other important factors, Those factors you will not find in TMS, TMSR, Synergy pro system.
Ok enough for the day.

Oh I added the TDI cross indicator in my chart, you see your self how many tdi cross is you need. Do you think TDI cross will confused you. Do you think You need TDI at all? if you have trained eye you will see TDI gives lot of unnecessary cross signal.
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MA provides the market's current direction and strength.
  • #123,007
  • Jul 24, 2021 8:47am Jul 24, 2021 8:47am
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..
I will read this book. Thanks for sharing.
MA provides the market's current direction and strength.
  • #123,008
  • Jul 24, 2021 9:30am Jul 24, 2021 9:30am
Quoting tommydoginti
{quote} 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
can you please mention the equation for APB open
  • #123,009
  • Jul 24, 2021 11:17am Jul 24, 2021 11:17am
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?
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.

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  • #123,010
  • Jul 24, 2021 12:07pm Jul 24, 2021 12:07pm
Quoting tommydoginti
{quote} 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
Yes, you are right!

Repaint is when signals in the past appear/disappear with new data comes.
But here we have not classic repaint. It just shows wrong data. And more time you are using it without refresh more errors accumulated.
MT5 version I mentioned has no such a "feature".

TDI is not better than RSI or Stochastic. It is about the same. It is oscillator. And it is useless as entry points generator, because it is oscillator. It has only 0-100 range and will not work on trending markets. It will work, wrong word. And will work good, but signals generated will be not good. Because it is oscillator! But it is perfect to find exit points.

In fact TMS is "if 2 red next red" and "if 2 green next green". That's all in fact. Also there are London session added. Just because of volatility. I can't understand what people are "learning" for years here.
Observer effect
  • #123,011
  • Jul 24, 2021 1:08pm Jul 24, 2021 1:08pm
Quoting hasib
I share this system in FF many years ago. This system still works well. In fact it works much better than your TDI, TMS, TMSR. Trust me I have tried what your trying it now and feeling you have some Holi grail called TDI. some Idiot comes here and say I don't use my system that is not true, I still use ema in my trading, I have tried many kind of MA, I have listen to many coder they say ema is not good. Truth is in EA ema may not works but in manual trading, EMA is the best, HMA, KAMA, all other new MA may have advantage in EA world but not in the...
>>> "You will lose money because of other important factors, Those factors you will not find in TMS, TMSR, Synergy pro system."
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,012
  • Jul 24, 2021 1:11pm Jul 24, 2021 1:11pm
Quoting eelfranz
1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... {image}
Step 1

TDI for entry

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Step 2 same training chart but Learn the Price Action


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coming up next /-
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,013
  • Jul 24, 2021 1:31pm Jul 24, 2021 1:31pm
Quoting emmanuel7788
{quote} 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...
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Update:

- I have a few key price levels (violet lines) above and these are potential 'resistance' in LTF.
- the move up would not be blue APB/HA all the way
- market does what it wants and be prepared for Market Type change
- the move to FE161.8 is about 450pips

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,014
  • Jul 24, 2021 1:37pm Jul 24, 2021 1:37pm
here is a good ONE!

> https://www.forexfactory.com/thread/...7#post13640817
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,015
  • Jul 24, 2021 1:43pm Jul 24, 2021 1:43pm
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}
Thanks emmanuel for sharing your top favourite setup it was nice...

"How close am I to the previous high or lo"

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

pls explain with an example of these sentences said by EELFRANZ...
Sirajdeen
  • #123,016
  • Jul 24, 2021 2:04pm Jul 24, 2021 2:04pm
Quoting Sirajdeen
{quote} Thanks emmanuel for sharing your top favourite setup it was nice... "How close am I to the previous high or lo" "Look at the candles on the last reversal... big, little, what" pls explain with an example of these sentences said by EELFRANZ...
""How close am I to the previous high or lo" "Look at the candles on the last reversal... big, little, what" "

okie dokie ...

Stay Tuned for ***LIVE Trading*** when the markets are open.

In the meantime, we study old charts and learn with perfect 20/20 after the fact.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,017
  • Jul 24, 2021 5:01pm Jul 24, 2021 5:01pm
Quoting emmanuel7788
{quote} Step 1 TDI for entry {image} Step 2 same training chart but Learn the Price Action {image} coming up next /-
LOL
To free Gazans of Hamas, use whatever it takes.
  • #123,018
  • Jul 24, 2021 5:34pm Jul 24, 2021 5:34pm
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  • #123,019
  • Jul 24, 2021 5:48pm Jul 24, 2021 5:48pm
Quoting ryuryu
{quote} Yes, you are right! Repaint is when signals in the past appear/disappear with new data comes. But here we have not classic repaint. It just shows wrong data. And more time you are using it without refresh more errors accumulated. MT5 version I mentioned has no such a "feature". TDI is not better than RSI or Stochastic. It is about the same. It is oscillator. And it is useless as entry points generator, because it is oscillator. It has only 0-100 range and will not work on trending markets. It will work, wrong word. And will work good, but...
Yes the TDI green red is not “repaint” because a repainting indicator is intentionally updating its values at each candle.

Some traders will never get that concept because of their obsession on wrong information...

Difference of repainting and indicator issue
  • #123,020
  • Jul 24, 2021 5:50pm Jul 24, 2021 5:50pm
Quoting DrDave
{quote} 1. TDI is heart of the TMS 5-method --- #261, #2617 All trades I share here are signaled by TDI green cross /bounce red Unfortunately, Rule#1 is too often either misunderstood or simply applied incorrectly. This SIGNAL is not a SWITCH that triggers a trade entry!! This SIGNAL is like an other signal--it is to get your attention or ALERT you that some condition has occurred. AFTER you see the...

Yes. TDI is a signal. Then applying PA analysis using the elements mentioned in #647 to make decision of whether to enter the trade.
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