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Trading Made Simple

  • #123,681
  • Aug 28, 2021 10:01am Aug 28, 2021 10:01am
Quoting DrDave
{quote} Good to hear that your job and trading are going well. As you can see, this thread continues with daily laughs, lots of nonsense posts, and endless copy-paste of old posts that for anyone that seriously wants to learn the 5-method will have read on his own: Very little posted that is actually helpful to anyone wanting to learn BigE's 5-method. Most of the posts just add to confusion rather than to clarification because they are presented as bait to try to hook unsuspecting suckers. And, unsurprisingly, plenty of posts that are CoC violations....
And, unsurprisingly, plenty of posts that are CoC violations.

It is difficult to get rid of them. But we can do our best to help FF and it’s team.

Remember before Feb the troll R4M in the troll gang finally got rid of with effort from multiple parties. With him stopping trolling and bickering, this thread has improved a lot.

I keep on sharing knowledge of BigE’s TMS method. The rules are simple although not easy. Difficult being patience like some traders here sold GU too soon last week instead of waited for the good TMS entry signal

to report violation of CoC like racism can be done with one click
  • #123,682
  • Aug 28, 2021 10:06am Aug 28, 2021 10:06am
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,...
Recent inquiries are about the actual technical application of BigE’s TMS method.

In the last few posts I suggested a few key elements of BigE’s TMS method that are extremely useful

1. TDI green red line —-> cross
(#647 PA analysis)
2. Previous High/Low —-> (Equal) highs
3. Rejection at previous High/Low ——> rejection at high for third time
4. Trend, long and short term —-> range. TP play safe and set at most at range low

There are more elements of the method advised by BigE scattered in this thread. Make sure you can identify the true 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
  • #123,683
  • Aug 28, 2021 10:13am Aug 28, 2021 10:13am
Quoting PixelSniper
{quote} Well maybe BigE's method worked for him perhaps but not for the rest of us. No one in this thread is actually trading like him, maybe Tekkies did as far as I can remember. Hasib does not, you don't, I don't, even Emmanuel uses a transformed version, so yeah. It's just a free-for-all thread so I come around time to time. I learned here a lot and still paying attention to other peoples trading, at worst scenario, I'll be trading against them, so why not.
Welcome back PixelSniper. Wish you best in work, trading and life.

I agree with you that a method may work for some but not for others and we have to understand that. On the other hand, those who cannot trade BigE’s TMS method should also respect and appreciate traders who can understand and trade BigE’s TMS method.

Naysaying without evidence and posting irrelevant trading methods here do not help with the situation nor other traders.

anyway, trade well and enjoy
  • #123,684
  • Aug 28, 2021 10:29am Aug 28, 2021 10:29am
Quoting tommydoginti
{quote} I got inquiry on how I analyze the chart and anticipate setups. The answers is just as before. TDI green cross/bounce red plus PA analysis. Keep the rules simple. Granted it is not easy to trade even with simple rules. #285 Simple rules, easy TDI entries and exits... fine tune it to your understanding... don't add anything... don't complicate it. For instance, I use mostly 4 indications. How much one can interpret the market conditions and exercise at what level of...
BigE’s TMS method can be a powerful tool to avoid entering trades at suboptimal setups. The good set of rules keep your itchy fingers from clicking the Buy or Sell button

Lets revisit GU trade. When using only a few of BigE’s analysis parameters, for example

#647
2. Previous High/Low

Opening trades would only be considered when price retested the major price level.

We have seen a few traders entered a SELL when price was in middle of nowhere (yellow circle). The entries were based on “thinking price would go...” and some confluences like divergence, or TDI cross, Stoch confirmation etc.

Although TDI is important, #647 indicates Price Action analysis prior to enter a trade to confirm if the indicator signals are valid.

Give a bit more patience as price moved to previous High, a good TMS setup appeared and enter Sell at candle #2.

Attached Image (click to enlarge)
Click to Enlarge Name: A06E6A3F-4E07-451E-9263-3310541C3A7B.jpeg Size: 693 KB
  • #123,685
  • Aug 28, 2021 10:36am Aug 28, 2021 10:36am
Quoting Tekkies
{quote} Why bring me into your battles? You dug this hole you are in yourself with your condescending post's. Have notice you ignored Post 123,486: Can you show readers how you back tested TMS, please. >Why? Is it because you did not or is it because it is not possible to refresh a chart every 4 hour's in back testing.
Why? Is it because you did not or is it because it is not possible to refresh a chart every 4 hour's in back testing

That is yes and no depending on how you backtest

(EA backtest) Yes: using Strategy Tester in MT4 and code the iCustom() to construct the TDI will cause the same issue as the indicator, where open charts accumulates its wrong calculations as new candle forms. EA functions with open charts that don’t refresh when working.
Thus backtesting with EA needs to redesign the codes for TDI to overcome the issue

(manual backtest) No: in #11 BigE REFRESHED the chart when having no open trades, for every new candle when trading H4.
refreshing charts with indicator TDI red green as of #25 would correct the indicator to show correct values. Backtest manually can be done as the historical TDI green and red line values are correct.

But I think the answer to your question is incapability to understand BigE’s method and poor backtest technique
  • #123,686
  • Aug 28, 2021 10:50am Aug 28, 2021 10:50am
here is the TDI cross arrow indicator.
Add it to the H4 or daily chart.

Count all the winners and all the losers. Count 500 trade. You will know, why I say what I say.
A system traders never hide behind the Gray Area.

I did this hard work. You should do it to You don't have to post here. if you want you can do.
You will know the reality of TDI.

You can test it EU, GU, EJ, GJ, UC, AU. No problem, I am very confident you will lose money trading TDI.

Ok Now my haters will say Support and resistance, Pivot, Fundamentals, and so on.
Make a rules for support and resistance and draw support and resistance with that rules. NO hoping, dreaming, wishful thinking.
If you want I can help you with rules based support and resistance.

Those who love TDI they will never post their TDI win rate here, I have post a sample of that win rate. They will argue with you again and again.

If your so good at support and resistance You don't need TDI at all. Hope you understand.
Attached File(s)
File Type: mq4 TMS-Osc Cross.mq4   12 KB | 486 downloads
MA provides the market's current direction and strength.
  • #123,687
  • Aug 28, 2021 11:17am Aug 28, 2021 11:17am
Losers will always argue that their TDI is so good.
here is the example, US 30 daily chart look where TDI give buy signal and where I buy .

I am not showing off, I am just showing the TDI problem.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 31 KB
MA provides the market's current direction and strength.
  • #123,688
  • Edited 11:55am Aug 28, 2021 11:25am | Edited 11:55am
Davit said I don't have 5% Return in a month. I am BS trader.
Here is all my closing trade return for this month. I don't count open positions if I count open positions It will be a large amount.
Anyway, I don't like to post my trade results. Since I don't want to gain followers in FF.
Now you Know How Davit spreading False accusations against me.
BTW today is market off so I can't open and close trade, Incase anyone thinking new issue against me.

Davit I will not call You Idiot
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 64 KB
MA provides the market's current direction and strength.
  • #123,689
  • Aug 28, 2021 11:26am Aug 28, 2021 11:26am
Quoting tommydoginti
{quote} BigE’s TMS method can be a powerful tool to avoid entering trades at suboptimal setups. The good set of rules keep your itchy fingers from clicking the Buy or Sell button Lets revisit GU trade. When using only a few of BigE’s analysis parameters, for example #647 2. Previous High/Low Opening trades would only be considered when price retested the major price level. We have seen a few traders entered a SELL when price was in middle of nowhere (yellow circle). The entries were based on “thinking price would go...” and some confluences like...
BigE’s Trading Made Simple is not blindly trading every TDI cross/ bounce.

In this chart. Simply applying #647 Price Action as filter

How close am I to the previous high or lo

Attached Image (click to enlarge)
Click to Enlarge Name: 39EF11CE-D855-49AD-9846-C321A0E6FD00.png Size: 517 KB

Of all the TDI cross and bounce in the chart, there is only 1 cross and 1 bounce fitting the criteria. And they are SELL with winning outcome.
  • #123,690
  • Aug 28, 2021 12:12pm Aug 28, 2021 12:12pm
Quoting hasib
Losers will always argue that their TDI is so good. here is the example, US 30 daily chart look where TDI give buy signal and where I buy . I am not showing off, I am just showing the TDI problem. {image}
hasib, I do not understand from the chart where your entry is and where the TDI entry is. Can you draw vertical lines?
  • #123,691
  • Aug 28, 2021 12:27pm Aug 28, 2021 12:27pm
Quoting kirinda
{quote} hasib, I do not understand from the chart where your entry is and where the TDI entry is. Can you draw vertical lines?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 52 KB
MA provides the market's current direction and strength.
  • #123,692
  • Edited 1:15pm Aug 28, 2021 12:43pm | Edited 1:15pm
Quoting tommydoginti
{quote} BigE’s Trading Made Simple is not blindly trading every TDI cross/ bounce. In this chart. Simply applying #647 Price Action as filter How close am I to the previous high or lo {image} Of all the TDI cross and bounce in the chart, there is only 1 cross and 1 bounce fitting the criteria. And they are SELL with winning outcome.
In this case I wouldn't take that trade at that TDI-cross for two reasons:
1. The entry is into support.
2. The price is close to fib 50 on the leg up.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 58 KB


I would waited to after the reaction from support/fib50 (can be strong buyers there). So in this case I would have taken the entry at the second
red vertical line because the seller then have over powered the buyers at support/fib50.
  • #123,693
  • Aug 28, 2021 1:06pm Aug 28, 2021 1:06pm
Quoting hasib
{quote} {image}
I wouldn't take entry at that TDI-crossing because the entry candle is a doji candle, and the entry is close to previous high.
If you where price action trader the correct entry was at the hammer candle. All entry indicators are often late so
it is up to you as a trader to skip bad indicator entries.
  • #123,694
  • Aug 28, 2021 1:27pm Aug 28, 2021 1:27pm
Quoting hasib
Davit said I don't have 5% Return in a month. I am BS trader. Here is all my closing trade return for this month. I don't count open positions if I count open positions It will be a large amount. Anyway, I don't like to post my trade results. Since I don't want to gain followers in FF. Now you Know How Davit spreading False accusations against me. BTW today is market off so I can't open and close trade, Incase anyone thinking new issue against me. Davit I will not call You Idiot {image}
Very low draw-down. If you had increased your risk by 10 you still had acceptable draw-down but your profit have been 120% .
  • #123,695
  • Aug 28, 2021 1:27pm Aug 28, 2021 1:27pm
Quoting kirinda
{quote} I wouldn't take entry at that TDI-crossing because the entry candle is a doji candle, and the entry is close to previous high. If you where price action trader the correct entry was at the hammer candle. All entry indicators are often late so it is up to you as a trader to skip bad indicator entries.
"...candle is a doji candle"

Doji price bar/candle will make the TDI' RSI green price line tweek back and go flat, depends on the previous Last Bar (before the Doji)
But look at the APB/HA candle, its body size and phase colour.

Example chart C below:

Attached Image (click to enlarge)
Click to Enlarge Name: NJ H1 NY Doji exit 28-8-2021 7-59-09 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,696
  • Aug 28, 2021 1:37pm Aug 28, 2021 1:37pm
Quoting hasib
Losers will always argue that their TDI is so good. here is the example, US 30 daily chart look where TDI give buy signal and where I buy . I am not showing off, I am just showing the TDI problem. {image}
look where TDI give buy signal
How you can (supposedly) continue to read this thread and have not yet grasped the meaning of "The TDI green cross red is NOT a buy or sell signal! It is simply an ALERT for you to go check to see if your entry conditions are met."
To free Gazans of Hamas, use whatever it takes.
  • #123,697
  • Aug 28, 2021 1:37pm Aug 28, 2021 1:37pm
Quoting emmanuel7788
{quote} "...candle is a doji candle" Doji price bar/candle will make the TDI' RSI green price line tweek back and go flat, depends on the previous Last Bar (before the Doji) But look at the APB/HA candle, its body size and phase colour. Example chart C below: {image}
Good point emmanuel. I use Synergy_APB_Pro but I can't see the color change on mine.

Edit: I see you have APB/HA. Maybe that is the reason.
  • #123,698
  • Aug 28, 2021 1:46pm Aug 28, 2021 1:46pm
Quoting hasib
{quote} {image}

your buy entry ~34712ish is good and within the Aug' buy zone 34567 and 34977

very good trade
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,699
  • Aug 28, 2021 2:00pm Aug 28, 2021 2:00pm
Quoting tommydoginti
{quote} Why? Is it because you did not or is it because it is not possible to refresh a chart every 4 hour's in back testing That is yes and no depending on how you backtest (EA backtest) Yes: using Strategy Tester in MT4 and code the iCustom() to construct the TDI will cause the same issue as the indicator, where open charts accumulates its wrong calculations as new candle forms. EA functions with open charts that don’t refresh when working. Thus backtesting with EA needs to redesign the codes for TDI to overcome the issue (manual backtest) No:...

hey Folks

I read a lot of misleading information and misconception here posted here. Reason is simple, people lack the trading experience and do not have the necessary trading tools developed over the years. They are stuck in the time of Big E in 2006 and 2011.

There is no need for all the crap about refreshing chart every 4 hours in back-testing.

For years during Big E time and after he passed away people have been using various forex tester to test run their trading strategies before they switch to forward testing in real-time markets.

Go to FXBlue and download their forex trading simulator and use that to learn to trade with MT4 price data. I suggest you open a live real account with the broker you intend to trade with and download their price history for back-testing.

https://www.fxblue.com/appstore/39/m...ding-simulator

Other members have also uploaded other forex tester software in this thread.

Have Fun learning to trade using the simulator.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,700
  • Aug 28, 2021 2:10pm Aug 28, 2021 2:10pm
Quoting hasib
Losers will always argue that their TDI is so good. here is the example, US 30 daily chart look where TDI give buy signal and where I buy . I am not showing off, I am just showing the TDI problem. {image}
As usual, you made a risky buy on D1 on what should be considered a RETRACEMENT swing, not a trend continuation swing. The MN1 is extremely overdue and the W1 overdue to swing down, and the D2 also swung down with D1. So the probability is greater for the new up swing be a correction to be sold after it peaks than to be a continuation to buy.

But of course, with the D1 having fairly large ADR, there is plenty of "slop" to enable even risky entries to end well.
To free Gazans of Hamas, use whatever it takes.
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