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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #123,341
  • Aug 5, 2021 6:23pm Aug 5, 2021 6:23pm
Quoting Sirajdeen
{quote} hi emmanuel again done the same mistake in trailing sl Share your trailing sl method in detail.. Sell entry 2877 sl 2890.70 exited in 2860 (5th red candle) {image}

based on your chart, there is still room down till the previous swing low ...'support'.

if you use the HA candles in your trading, you can follow simple rule - and trail the market using the previous HA candles . You decide on your exit strategy whether you want to trail one HA candle back or two HA candles back.

Attached Image (click to enlarge)
Click to Enlarge Name: Sirjdeen post charts 6-8-2021 7-07-45 am.png Size: 517 KB


Remember what Big E said in his Post#2617 > Follow Simple Rules for Entries and Exits, and you can learn to trade without the Stoch and TDI. ... Just Do It with DISCIPLINE and know the market type conditions when to trade and when NOT to trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,342
  • Aug 5, 2021 6:28pm Aug 5, 2021 6:28pm
Quoting hasib
we many see up side break, 35k is holding today. {image}

if Big E is alive today and still following his favourite CompassFX (without Dean Malone), he would signed in and kept on learning and he would be learning to trade with volume and spread analysis too...

it is quite simple really when one is open minded and wants to learn EVERYTHING.

our learning does not stop just because Big E died in 2012.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,343
  • Aug 5, 2021 9:45pm Aug 5, 2021 9:45pm
Quoting emmanuel7788
{quote} here: THV CaveManager Trade Management EA. Download the trade manager EA and pdf description from original thread / post by Caveman: Post# 18,455 Both the EA and pdf description are in Post#30,032 User guide by FF member Lookleft Post# 58,004
Got this thanks and what post will I find v19(2020)and instructions
  • #123,344
  • Aug 5, 2021 10:28pm Aug 5, 2021 10:28pm
Quoting kette
{quote} thank you, I know everything ok, you can't answer my question
Quoting Wags
{quote}
Your questions is simple what we see in H4?
I see H4, D1 and other TF, I look for directional move and non directional move. EMM trade H4 LO so he may help you more, since He is actively trading BigE method. He is involve with TMS trader for a long time out side this thread.

I trade when I find opportunity, I don't restrict my self in one or two H4 candle, I trade UK session, US session. Day in Day out.

To be honest I don't need MP because Most of the time by observing Chart I can understand MP basic information, I am not MP trader so I don't need detailed MP info. Just Basic MP info can be seen with out any MP indicator.

Basically BigE observed PA in H4 candle in LO session, If you observe Before LO h4 candle and LO H4 candle you will understand it by your self. Nothing New under the sun, Just consistently follow certain info in the chart for better risk management. some Traders learn LO so nicely that they lose very small % of their trade, their win rate close to 90% because they only execute their trade on certain pattern only. Those trader don't trade other session at all, they trade LO only.

Hope it will help.
MA provides the market's current direction and strength.
  • #123,345
  • Aug 5, 2021 10:32pm Aug 5, 2021 10:32pm
Quoting emmanuel7788
{quote} if Big E is alive today and still following his favourite CompassFX (without Dean Malone), he would signed in and kept on learning and he would be learning to trade with volume and spread analysis too... it is quite simple really when one is open minded and wants to learn EVERYTHING. our learning does not stop just because Big E died in 2012.
Do you use MP or VP in your trading?
MA provides the market's current direction and strength.
  • #123,346
  • Aug 5, 2021 11:28pm Aug 5, 2021 11:28pm
Quoting emmanuel7788
{quote} there are many different versions , here are two versions: {image} {file} {file}
I'm sorry 77, it could the language. I wanted the indicator that counts the bars, 0, 1, 2, 3, etc. Thank you for posting the bar timer, I can use that too.
If you are good at something, never do it for free--Joker
  • #123,347
  • Aug 6, 2021 7:17pm Aug 6, 2021 7:17pm
Quoting jmn5611
{quote} I'm sorry 77, it could the language. I wanted the indicator that counts the bars, 0, 1, 2, 3, etc. Thank you for posting the bar timer, I can use that too.
Ok. I get you now.

This one will number the price bars in both directions - backwards ... and forward, depends on how maximum number of bars in your history.

Attached File(s)
File Type: rar BarNumbers.rar   11 KB | 453 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,348
  • Aug 6, 2021 7:18pm Aug 6, 2021 7:18pm
Quoting hasib
{quote} Do you use MP or VP in your trading?

Yes. Only when trading the E-Mini Futures market.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,349
  • Aug 6, 2021 7:31pm Aug 6, 2021 7:31pm
Quoting Slingshots1
{quote} Got this thanks and what post will I find v19(2020)and instructions
To learn to trade Big E' 5-Method you have a lot to read, study and learn.

Catching up won't be easy but not impossible. You to make sacrifices and have the commitment need to spend the time to read and study, then like Big E said:
"
Just because you can bring an indicator up on your chart doesn't mean you know how to use it correctly.
Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice. When your confident... go live.
Learn to tweek your strategy to stay up with changing market conditions
"

Now, to get the #TMS_V19 Information EA

{ here }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,350
  • Aug 7, 2021 2:48am Aug 7, 2021 2:48am
Quoting emmanuel7788
{quote} here: THV CaveManager Trade Management EA. Download the trade manager EA and pdf description from original thread / post by Caveman: Post# 18,455 Both the EA and pdf description are in Post#30,032 User guide by FF member Lookleft Post# 58,004
Thx Emmanuel, this is very handy
I Have Learned to Take Some Losses to Make Profits
  • #123,351
  • Aug 7, 2021 3:30am Aug 7, 2021 3:30am
If you are an heavy visual trader like me ;
Well,actually we all are..
I'd like to giveaway and contribiute with sharing an indicator I've been looking & using for a long time.
It simply mirrors the chart, in other words flips it.
I like to enter only short trades, because it is visually is easier for me and I only focus on one side of the chart, so even when I'm buying I flip the screen with this indicator and buy while I'm ''shorting''.
Have fun & Good luck.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: real.jpg Size: 330 KB
Click to Enlarge Name: Mirror.jpg Size: 340 KB
Attached File(s)
File Type: mq4 iMirror.mq4   4 KB | 525 downloads
  • #123,352
  • Aug 8, 2021 8:24am Aug 8, 2021 8:24am
Let's say you want to develop indicator based system. You find lots of modern indicator in the website. Indicator creators have lot of reputations in the online.
Your thinking , those indicator developer have good knowledge about what they are doing and they create best indicator possible.
You also read H4 is the best TF if not D1. so you develop system with good looking indicator to trade H4 chart.
When you started testing you found few good information one of them is
you lost 22 trade and you win 10 trade from your indicator signal, so your win rate is 31%. RR is 1 to 2.

Now you read that, if you can install indicator it doesn't mean you know how to use the indicator, Ok you Believe that statement. You spend 3 more month with the same BS indicator and you still fail to generate more than 35% win rate. some time you gain 75% win rate some time your win rate come close to 13%.

Be honest with your self, A cat can't do what a cow can do.

And you will find lot of dishonest in the online they will show you they are doing very well with a BS system, You surprised by their claim!!

(you can attack me by saying 32 trade is not enough but, I don't want to waste any more time with this BS indicator, If you test 3000 times you will find almost same results from this indicator )
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 95 KB
MA provides the market's current direction and strength.
  • #123,353
  • Aug 8, 2021 7:26pm Aug 8, 2021 7:26pm
Quoting Sirajdeen
{quote} hi emmanuel again done the same mistake in trailing sl Share your trailing sl method in detail.. Sell entry 2877 sl 2890.70 exited in 2860 (5th red candle) {image}

@Sirajdeen

here an example how I would use the HA candle to trail my trade.

UsdChf Daily chart trade update Aug 09 Tokyo 9am

- the setup was a PA bullish Engulfing Outside Bar ... True REVERSAL candle with a swing low

- at Tokyo open today I move my trailing SL TSL to the low of the previous day HA candle. This also lock 0.5R profit.
- I can also consider move the TSL to the +1R level and lock 1.0R profit, but I will see what happens to day at FO/LO.

Attached Image (click to enlarge)
Click to Enlarge Name: UsdChf Aug09 D1 trade update EP SL TP 9-8-2021 8-17-23 am.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,354
  • Aug 8, 2021 7:32pm Aug 8, 2021 7:32pm
Quoting hasib
Let's say you want to develop indicator based system. You find lots of modern indicator in the website. Indicator creators have lot of reputations in the online. Your thinking , those indicator developer have good knowledge about what they are doing and they create best indicator possible. You also read H4 is the best TF if not D1. so you develop system with good looking indicator to trade H4 chart. When you started testing you found few good information one of them is you lost 22 trade and you win 10 trade from your indicator signal, so your win...


"...A cat can't do what a cow can do."

LOL. Half correct. Half not correct.

both mother cat and mother cow can produce milk and feed their young kittens and young calf.

And you can already trade Big E' 5-Method without the use of Stoch and TDI. He said so himself. So we should ask why he started this new thread and told us the TDI is the heart of the method? TDI is king? etc.

The answer is in his posts when you people have completed solving Big E' puzzle. #296.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,355
  • Aug 8, 2021 10:13pm Aug 8, 2021 10:13pm
Gold took a dive to low as $1,677

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Aug 09 tumble 9-8-2021 11-11-38 am.png Size: 53 KB





Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Aug09 Daily spike 1684 9-8-2021 11-06-57 am.png Size: 45 KB


https://www.zerohedge.com/markets/go...ell-order-hits
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,356
  • Aug 9, 2021 3:24am Aug 9, 2021 3:24am
GU Aug 09 H4

- H1 LO reverses FO ... just waited at today' Day Open

Attached Image (click to enlarge)
Click to Enlarge Name: GU Aug 09 H1 LO 9am H1 9-8-2021 4-25-21 pm.png Size: 77 KB

- we don't have to wait for the 2AM 4hr candle for a sell CONTINUATION


Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Aug 09 H1 LO9am 9-8-2021 4-22-25 pm.png Size: 38 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GU Aug 09 H4 LON 9am LO1 9-8-2021 4-20-32 pm.png Size: 95 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,357
  • Aug 9, 2021 10:21am Aug 9, 2021 10:21am
Quoting emmanuel7788
GU Aug 09 H4 - H1 LO reverses FO ... just waited at today' Day Open {image} - we don't have to wait for the 2AM 4hr candle for a sell CONTINUATION {image} {image}
Which indicator is this dashboard indie......the one I found does not show all the info u have here..... Link please.....Thanks
  • #123,358
  • Aug 9, 2021 6:53pm Aug 9, 2021 6:53pm
Quoting csethna
{quote} Which indicator is this dashboard indie......the one I found does not show all the info u have here..... Link please.....Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor v1.1 by arbinka.png Size: 23 KB


that dashboard is not an indicator.

it is an expert advisor EA which can do a lot more than most indicators.

it is an expert advisor EA under the category Information EAs not the commonly known trading Robot EA.

TMS Monitor v1.1

follow this link Post#193 for the TMS Monitor tool

setup your charts with those simple tools the way you want to see them and use them. save them as your own templates.

most important is you know Big E' 5-Method and how to trade with his 5-Method.

it is also important that you use the TDI version in Post#25 and the Synergy APB as the HA candles.
Most people get these wrong and their trading result suffers.

make sure you read that thread for more information how to set up the expert advisor(TMS Monitor).
if you have questions, post and ask in those threads and I'll try find time and help there.

Be warned:
The TMS Monitor is an expert advisor and can be very CPU intensive if you select too many pairs in the input parameter.
For optimum performance, limit the setup to 20 pairs maximum.
You should consider to select only the pairs you trade and input their symbol in the parameter.

Have fun and enjoy using all the TMS trading tools.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,359
  • Aug 9, 2021 6:58pm Aug 9, 2021 6:58pm
Quoting emmanuel7788
GU Aug 09 H4 - H1 LO reverses FO ... just waited at today' Day Open {image} - we don't have to wait for the 2AM 4hr candle for a sell CONTINUATION {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GU Aug 09 H4 LON 9am LO1 9-8-2021 4-20-32 pm.png Size: 95 KB


{image}

GU Aug 09 review:

- London decided to set up H1 day traders with a new high for the day ... LOL. ( did you notice the Daily APB Open?)

- this is what happens often when we trade with small stops and single entry/single exit

- Daily direction still the same for today' trading ... sell 'high' with low risk trading idea.


Attached Image (click to enlarge)
Click to Enlarge Name: GU Aug 10 H4 V19 London made new high 10-8-2021 7-53-53 am.png Size: 97 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,360
  • Aug 9, 2021 7:05pm Aug 9, 2021 7:05pm
Quoting emmanuel7788
{quote} @Sirajdeen here an example how I would use the HA candle to trail my trade. UsdChf Daily chart trade update Aug 09 Tokyo 9am - the setup was a PA bullish Engulfing Outside Bar ... True REVERSAL candle with a swing low - at Tokyo open today I move my trailing SL TSL to the low of the previous day HA candle. This also lock 0.5R profit. - I can also consider move the TSL to the +1R level and lock 1.0R profit, but I will see what happens to day at FO/LO.
Attached Image (click to enlarge)
Click to Enlarge Name: UsdChf Aug09 D1 trade update EP SL TP 9-8-2021 8-17-23 am.png Size: 56 KB
...

UsdChf Aug 10 Daily chart trade update: Tokyo Open 9am

- follow my daily tasks for trading, move Trailing Sl to +2R and protect 2R profit.

- will check again at FO/LO.

Attached Image (click to enlarge)
Click to Enlarge Name: UsdChf Aug 10 Daily trade update EP SL TP2 10-8-2021 8-00-46 am.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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