Trading Made Simple | Page 6162 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

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

Indicators for the 'Trading Made Simple' system 343 replies

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

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #123,221
  • Jul 28, 2021 11:09pm Jul 28, 2021 11:09pm
TMS_V19 EA getting started ...

Follow the steps in these posts ...

Post#104,219

Post#104,220

Post#104,221

Also read that thread by SteveHopwood and you will learn from many experienced TMS traders between 2011 and 2012 who contributed to the EA development.

link below:
https://www.forexfactory.com/showthread.php?t=292301
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,222
  • Edited 12:40am Jul 29, 2021 12:20am | Edited 12:40am
UCad Jul 29 H4 GMT 0500

- breakout low with no support seen nearby
- RSI green price line bounce 5.0 and slope 5.2
- sell continuation setup

Attached Image (click to enlarge)
Click to Enlarge Name: UCad Jul 29 H4 bounce 5.0 slope 5.2 29-7-2021 1-17-05 pm.png Size: 74 KB


Edit. another chart to show the Weekly candle to the left and the 'empty space' ...no near term 'support;
but be careful when you see the previous 2 weeks candles Open, High, Low and Close and price RN and BRN
also when Frankfurt and London open during this 4hr.

Attached Image (click to enlarge)
Click to Enlarge Name: UCad Jul 29 H4 new chart empty space 29-7-2021 1-32-27 pm.png Size: 78 KB


Note the Daily DBHLC and breakout of the D1 Master Candle,

Attached Image (click to enlarge)
Click to Enlarge Name: UCad Jul 29 H4 w D1 and W1 DBHLC 29-7-2021 1-38-19 pm.png Size: 94 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,223
  • Jul 29, 2021 1:03am Jul 29, 2021 1:03am
Quoting emmanuel7788
{quote} "Please, don't cast your unhappiness onto me. Happy people like you claim to be, don't post this about others: You are ignorant and naïve, you still do not know what you are talking...." @Tekkies You are too stupid to be posting all your daily verbal diarrhea in Big E' thread. Read Big E' Post#12,039 It's time for the arguing to quit. I'm getting emails... people are tired of it... SO STOP ! ..... OR YOU WILL BE ELIMINATED... YOU KNOW WHO YOU ARE. iT'S MY PROGAM, SIMPLE...
Have posted previously:
Happy people like you claim to be, don't post this about others: You are too stupid to be posting all your daily verbal diarrhea in Big E' thread.
Clever people like you claim to be, would know what " iT'S MY PROGAM, SIMPLE RULES, SIMPLE PIPS" means

When you expect that others must follow Post#12,039 , others can expect you to follow Post 486:
This is my thread and my method... traded the way I've laid it out.
I don't want to see any more posts that discuss other indicators... other ways...

You made 9 posts Emmanuel since then.
How many of those 9 post are about TDI and how to trade with it using BigE post's never mind the 5 method

Have a nice day grandpa.
  • #123,224
  • Jul 29, 2021 1:40am Jul 29, 2021 1:40am
Attached Image (click to enlarge)
Click to Enlarge Name: 24F84CE6-7139-4DE7-935C-6F2E378B8982.png Size: 105 KB

Hai Thread members and emmanuel7788
I hope all are good..
I have traded today with 1:3 rr and it wents good but it didn't satify me because my trailing sl hit @ 688.45..

Here im sharing my trade for knowing others perspectives about my trade..
pls help me and share your perspective it will very helpful in future
Thanks all.

sell entry 688.45
sl 690.60
target 681.96
my trailing sl hit at 688.45 in candle 5
Sirajdeen
  • #123,225
  • Edited 3:28am Jul 29, 2021 1:48am | Edited 3:28am
Quoting Sirajdeen
{image} Hai Thread members and emmanuel I hope all are good I have traded today with 1:3 rr and it wents good but it didn't satify me because my trailing sl hit @ 688.45.. Here im sharing my trade for knowing others perspectives about my trade.. pls help me and share your perspective it will very helpful in future Thanks all. sell entry 688.45 sl 690.60 target 681.96 my trailing sl hit at 688.45 in candle 5
You should post that in this thread. where you will have a dicussion ONLY about the 5-method. In the TMS thread, you will get too much advice about doing things that BigE said are not part of his 5-method and not wanted here, like checking EAs, using other indicators, using parts from other systems, and on and on.
To free Gazans of Hamas, use whatever it takes.
  • #123,226
  • Jul 29, 2021 1:52am Jul 29, 2021 1:52am
Quoting Tekkies
{quote} Have posted previously: Happy people like you claim to be, don't post this about others: You are too stupid to be posting all your daily verbal diarrhea in Big E' thread. Clever people like you claim to be, would know what " iT'S MY PROGAM, SIMPLE RULES, SIMPLE PIPS" means When you expect that others must follow Post#12,039 , others can expect you to follow Post 486: This is my thread and my...
Unhappy narcissist's like Vincent will never give up tearing others down because trying to build themselves up presents an unacceptable RISK to another failure, and another nosedive for the ego and mental state. Trying to tear others down still includes some risk of failure, but it does not have such devastating consequences as risking building themselves up.
To free Gazans of Hamas, use whatever it takes.
  • #123,227
  • Jul 29, 2021 2:18am Jul 29, 2021 2:18am
Quoting Sirajdeen
{image} Hai Thread members and emmanuel7788 I hope all are good.. I have traded today with 1:3 rr and it wents good but it didn't satify me because my trailing sl hit @ 688.45.. Here im sharing my trade for knowing others perspectives about my trade.. pls help me and share your perspective it will very helpful in future Thanks all. sell entry 688.45 sl 690.60 target 681.96 my trailing sl hit at 688.45 in candle 5
Hi Sirajdeen,

Just like BigE did not use candlestick patterns (only setup or a/u candles he has referred to), I also don’t use candlestick patterns.

As of entry, I don’t see a good reason to enter since the last swing was LH and HL. When I look for FakeOut reversal trade I would like to see previous highs /lows all respecting a R/S.

However for SL trailing, I also apply BigE’s PA analysis for entry and use them for trade management decisions. #647 is the Price Action essence of BigE’s TMS and #2617 to do it without

In your example, previous H crosses the BE point, and price momentum of candle #1-4 was not strong and didn’t break previous L. In this case I keep my SL as it is. Nothing fancy and trusting the analysis. Trailing SL or not should be based on current market condition of each trade.
To me this is optional as the win rate is >65% (TMS base win rate) and average RR is >1, plus sometimes I can hit sniper entries when swing trade. I am completely fine to set-and-forget SLTP, and in fact trailing all trades would have reduced profit factor as wasting good entries like yours

trade well

How close am I to the previous high or lo
Am I in or close to a consolidation area
Look at the candles on the last reversal... big, little, what
  • #123,228
  • Jul 29, 2021 3:13am Jul 29, 2021 3:13am
Quoting Sirajdeen
{image} Hai Thread members and emmanuel7788 I hope all are good.. I have traded today with 1:3 rr and it wents good but it didn't satify me because my trailing sl hit @ 688.45.. Here im sharing my trade for knowing others perspectives about my trade.. pls help me and share your perspective it will very helpful in future Thanks all. sell entry 688.45 sl 690.60 target 681.96 my trailing sl hit at 688.45 in candle 5

hi Sirajdeen

That's another stock trade, right?

Please post the same chart to show the Bar chart of the Japanese candlestick chart.

I want to look explain a few things and the trade exit strategy and trade management.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,229
  • Jul 29, 2021 3:14am Jul 29, 2021 3:14am
Quoting emmanuel7788
{quote} PM Q&As - quite a few PMs today from members who downloaded the TMS_V19 Information EA. - what are the indicators used and where to download See this Post#102,337 https://www.forexfactory.com/thread/...2#post12859772
TDI i got here
APB - here
stochastic - MT5 built=-in


Thank you, Emmanuel.
  • #123,230
  • Jul 29, 2021 3:44am Jul 29, 2021 3:44am
Attached Image (click to enlarge)
Click to Enlarge Name: 1BDE76AC-B550-4417-A5B5-2356A03076D7.png Size: 82 KB
Quoting emmanuel7788
{quote} hi Sirajdeen That's another stock trade, right? Please post the same chart to show the Bar chart of the Japanese candlestick chart. I want to look explain a few things and the trade exit strategy and trade management.

Yes right emmanuel..
its is pharma industry stock 15 min tf
Waiting for your message...
Sirajdeen
  • #123,231
  • Jul 29, 2021 4:02am Jul 29, 2021 4:02am
Quoting Sirajdeen
{image}{quote} Yes right emmanuel.. its is pharma industry stock 15 min tf Waiting for your message...
Hi Sirajdeen,

I see that you are using the built-in HA candle chart on Trading View. I wasn't looking at your indicators since was discussing using simple Price Actions to decide whether and when to trail SL to maximize your odds of profit.
(It is not BIO right?)

One thing you should look out, BigE's TMS, TDI green/red lines are calculated using traditional candlestick OHLC. If you use TradingView and switch to HA candle, all indicators will calculate based on HA candles, which is not how TMS uses the indicators.

I have addressed another member who uses TV on how to set up the TMS chart.

https://www.forexfactory.com/thread/...7#post13580607

I got PM inquiry on how to setup the TMS chart on TradingView.

Stoch and 5ema are optional indicator and they are built-in indicator available on Trading View.

TDI Red/Green line: They are in fact RSI(13) MA(2) and MA(7), You can verify it by looking at source code of TDI Green Red .mt4 source code.
You can use the "TDI - Traders Dynamic Index by TuanLouis" by searching for this name in the Trading View Public library.

For HA candles, I recommend to overlay HA candles on traditional candlestick chart just like doing it on MT4.
To do so, search for "Heikin Ashi by Garethyeo" in the public library.

TradingView has one advantage of non-repainting indicators stays non-repainting, unlike MT4 where you need coding tricks to overcome it. Therefore, you do not need to follow #11 and refresh the chart everytime when new candle forms for correct analysis

Trade well

(I also juxtapose a coded TMS-TDI)
Attached Image (click to enlarge)
Click to Enlarge Name: 4708c9574e2190f3c184c94775509700.png Size: 274 KB
  • #123,232
  • Jul 29, 2021 4:11am Jul 29, 2021 4:11am
Quoting tommydoginti
{quote} Message on inquiry about BigE's Setup candles, or S/U candles I have addressed this in previous post Fact check: search for key words under BigE's profile and see what "candlestick pattern" he has ever mentioned and shared on charts. https://www.forexfactory.com/thread/...8#post13554278 Message from members about what "CandleStick" concepts were used in BigE's TMS 5-Method? The answer is his definition of SetUp Candle (S/U candle) It is simply a HA candle crossing the 5ema, typical, shift 2/3 In TMS, BigE mentioned that...
#718

Oyapoke... (704)

At one time I used the 5ema in a different way. Back then if a candle closed across the 5ema it was the set up candle. I would enter the trade at the beginning of the next candle if it was the same color.... and that still works... this is more conservative...

I am more aggressive now and noticed I was giving up some pips doing it that way so I changed to using the TDI candle #1 or 2 for entries.

I left it on my chart because I like to see how PA interacts with the 5ema line during the trade. Gives me a better feel for what's going on... that's mainly the reason...

Quoting eelfranz
Oyapoke... (704) At one time I used the 5ema in a different way. Back then if a candle closed across the 5ema it was the set up candle. I would enter the trade at the beginning of the next candle if it was the same color.... and that still works... this is more conservative... I am more aggressive now and noticed I was giving up some pips doing it that way so I changed to using the TDI candle #1 or 2 for entries. I left it on my chart because I like to see how PA interacts with the 5ema line during the trade. Gives me a better feel for what's going...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,233
  • Jul 29, 2021 4:40am Jul 29, 2021 4:40am
Attached Image
Quoting tommydoginti
{quote} Hi Sirajdeen, I see that you are using the built-in HA candle chart on Trading View. I wasn't looking at your indicators since was discussing using simple Price Actions to decide whether and when to trail SL to maximize your odds of profit. (It is not BIO right?) One thing you should look out, BigE's TMS, TDI green/red lines are calculated using traditional candlestick OHLC. If you use TradingView and switch to HA candle, all indicators will calculate based on HA candles, which is not how TMS uses the indicators. I have addressed another...

Thanks tommydoginti for your valuable post..

Iam using ( rsi ma 8 cross 8 )indicator instead of tdi

1st i used TDI it was great nothing wrong in TDI but the rsi ma was show the directions one candle before so i liked the rsi ma..

if you have tms tdi source code for trading view kindly share..
Sirajdeen
  • #123,234
  • Jul 29, 2021 4:50am Jul 29, 2021 4:50am
Quoting Sirajdeen
{image}{quote} Thanks tommydoginti for your valuable post.. Iam using ( rsi ma 8 cross 8 )indicator instead of tdi 1st i used TDI it was great nothing wrong in TDI but the rsi ma was show the directions one candle before so i liked the rsi ma.. if you have tms tdi source code for trading view kindly share..
Hi you can use the the "TDI - Traders Dynamic Index by TuanLouis" in public library of TV. My version is simply adding cross signals and highlighting 32/68 level

My point in last post was that TV indicators calculates based on whatever candles are presented on chart. If you need the HA candles on chart while indicators using traditional OHLC for calculation, which is exactly how BigE’s TMS indicators are doing, you can consider my suggestion.

Changing from traditional candlesticks to HA candles using chart setting generally shift cross signals by 1 candle late

trade well
  • #123,235
  • Jul 29, 2021 4:56am Jul 29, 2021 4:56am
Quoting tommydoginti
{quote} Hi you can use the the "TDI - Traders Dynamic Index by TuanLouis" in public library of TV. My version is simply adding cross signals and highlighting 32/68 level My point in last post was that TV indicators calculates based on whatever candles are presented on chart. If you need the HA candles on chart while indicators using traditional OHLC for calculation, which is exactly how BigE’s TMS indicators are doing, you can consider my suggestion. Changing from traditional candlesticks to HA candles using chart setting generally shift cross signals...

thank you for your suggestion tommydoginti
i will make notes and do..
Sirajdeen
  • #123,236
  • Jul 29, 2021 4:56am Jul 29, 2021 4:56am
Emmanuel (Christ with us) ... Thanks once again for the correct link to my need, but unfortunately I have to make a quick trip and I will be back in 4 to 6 weeks in order to sort out some personal problems.

Once I'm back I will open a forex account and ask you to Mentor me to learn well, as by only following your teachings I have been trading my friends account well.

Take care my new found mentor till I'm back.

God bless
  • #123,237
  • Jul 29, 2021 6:53am Jul 29, 2021 6:53am
Quoting LukebSkywalk
Emmanuel (Christ with us) ... Thanks once again for the correct link to my need, but unfortunately I have to make a quick trip and I will be back in 4 to 6 weeks in order to sort out some personal problems. Once I'm back I will open a forex account and ask you to Mentor me to learn well, as by only following your teachings I have been trading my friends account well. Take care my new found mentor till I'm back. God bless
HURRY BACK!

I hope that you will still have plenty of money when you return to open your account. So when you try to follow Vincent's confusion and nonsense, you will be the counterparty (i.e. loser) to our winning trades.

Oh, and remember, according to Vincent, it will take you at least 1000 trades and 3 years of live trading before you can decide if you have figured out a winning system, and that is only AFTER you have proven to yourself that you have a winning system in a DEMO account, which will take at least a year. Will you survive the DEMO years(s)? Will your real account survive the live testing for 3 years?
To free Gazans of Hamas, use whatever it takes.
  • #123,238
  • Jul 29, 2021 6:58am Jul 29, 2021 6:58am
Quoting LukebSkywalk
Emmanuel (Christ with us) ... Thanks once again for the correct link to my need, but unfortunately I have to make a quick trip and I will be back in 4 to 6 weeks in order to sort out some personal problems. Once I'm back I will open a forex account and ask you to Mentor me to learn well, as by only following your teachings I have been trading my friends account well. Take care my new found mentor till I'm back. God bless
Emmanuel (Christ with us)
LOL
Uhhhh, no. Maybe you should have a lesson in Biblical Hebrew and learn that EM--ANU--EL means with us (is) God and has nothing at all to do with Christ.

When you understand the warped thinking of a narcissist, then you will understand why he chose "Emmanuel" over his given name of Vincent.
To free Gazans of Hamas, use whatever it takes.
  • #123,239
  • Jul 29, 2021 6:59am Jul 29, 2021 6:59am
Quoting LukebSkywalk
Christ with us
Quoting LukebSkywalk
God bless
Perfect patient!

Observer effect
  • #123,240
  • Jul 29, 2021 6:06pm Jul 29, 2021 6:06pm
Quoting emmanuel7788
UCad Jul 29 H4 GMT 0500 - breakout low with no support seen nearby - RSI green price line bounce 5.0 and slope 5.2 - sell continuation setup {image} Edit. another chart to show the Weekly candle to the left and the 'empty space' ...no near term 'support; but be careful when you see the previous 2 weeks candles Open, High, Low and Close and price RN and BRN also when Frankfurt and London open during this 4hr. {image} Note the Daily DBHLC and breakout of the D1 Master Candle,

{image}...
Nice when people make money yesterday knowing how to use the TMS_V19 Information EA and know basic price action like the Daily DBHLC bar pattern with the APB/HA candle.
Combining the price Bar chart and the APB/HA candle chart, you have the Power of PA with both... Best of Both Worlds BOBW.

Ucad Jul 29

+50pips QED.

Attached Image (click to enlarge)
Click to Enlarge Name: UCad Jul 30 H4 V19 NY Closed 30-7-2021 6-53-52 am.png Size: 73 KB


Today July 30 is the last trading day of the month... so we must take more caution of the longer term swing traders taking profits and price can pull back ...
Then there are also the other traders who will be picking bottoms and buy ...
traders who buy the lows when they see the price outside the lower bollinger band2, and some BBMA traders too, ...
traders who would buy the pivots S2 and S3 levels,...

Month-end MN candle - how much is trading the lower shadow worth$$$$ ?

Trade Safe and make money!
Attached Image (click to enlarge)
Click to Enlarge Name: UCad Jul 29 H4 w D1 and W1 DBHLC 29-7-2021 1-38-19 pm.png Size: 94 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
42 traders viewing now, 1 is registered:
Tekkies