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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

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Trading Made Simple

  • #124,441
  • Sep 12, 2021 7:27pm Sep 12, 2021 7:27pm
Quoting tommydoginti
{quote} Read through BigE's posts and charts one should find BigE did not use candlestick patterns. Previous High/Low Rejection at previous High/Low Trend, long and short term Consolidation These are price action analysis (or market behavior, structure, etc whatever name you call it) I have shared previously, this gentleman shares something very similar to what I am "looking at candlestick (patterns)". Apply this concept into BigE's PA analysis. You should realize the simplicity and effectiveness of BigE's PA instructions. trade well https://www.youtube.com/watch?v=eP72SqYaRzU&t=2129s...
"Read through BigE's posts and charts one should find BigE did not use candlestick patterns."

@tommydog...

You are wrong! Big E did use candlestick . See Post #563.
Big E refer them as normal candles and Pin Bar is just one of many candlestick pattern (Steve Nison).

Quoting eelfranz
I switched over to normal candles AND saw the pin on the G/U Daily. Unfortunately it's still climbing and the TDI & Stochs are flat... worth watching but not ready to trade yet.
Below is the chart back to April 28 2011 Daily chart.

Can you see the Pin Bar?

Attached Image (click to enlarge)
Click to Enlarge Name: GU Daily back-test Post563 Daily Apr28 normal candles.png Size: 61 KB

#NormalCandles#
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,442
  • Edited 7:44pm Sep 12, 2021 7:33pm | Edited 7:44pm
Quoting 808
{quote} The H4 was still in a downtrend at that point, with no way to know that it would be turning up. The only way you could anticipate the price bottoming out, based on that TDI alone, is the yellow baseline. It had just come close to the 32-level, bouncing off from 34-sh, and turning upwards. Short sellers should be extremely cautious at that point, as if they were about to sell into support.

Yes, there were several price swings days and week before, and the most recent swing was down.
But there is a lot information the TDI will show you with the Price Action above. Big E did mention some things to looks for in price action and in the TDI.
Those videos from 2010 are important but many here missed learning from those videos and there are huge gaps in the trading journey.

My chart again:

Attached Image (click to enlarge)
Click to Enlarge Name: GU H4 how tro avoid this TDI sell setup.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,443
  • Sep 12, 2021 7:57pm Sep 12, 2021 7:57pm
Quoting tommydoginti
{quote} I was in buy bias as price retested previous low and strong rejection last time. was only looking for buy until price would retest previous high. so got in at good price with low risk trade idea. Simple based on a couple Price Action elements as of BigE’s instruction Buy, 8.27R {image}{image}

"so got in at good price with low risk trade idea. Simple based on a couple Price Action elements as of BigE’s instruction Buy, 8.27R"


@tommydog...

I don't see you did any trade with 8.27R with charts showing entry and exits.
Are you paper trading again? You trade with MT4 broker, it is easy to show trades on charts.

Aug month hindsight trading will show many good trades.

On my chart below, you can see Big E' 4hr Pacific Time 10PM, 2AM setup/entry and exit at 6AM.



Attached Image (click to enlarge)
Click to Enlarge Name: GU H4 how tro avoid this TDI sell setup.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,444
  • Sep 12, 2021 9:19pm Sep 12, 2021 9:19pm
Quoting tommydoginti
{quote} Hi Tekkies, Thanks for bringing up #647. It is pretty effective to just use previous high or lo to determine price levels to anticipate a TMS setup Just use #647 Am I in an uptrend or downtrend.. short & long term... It is not difficult to see a nice downtrend was interrupted as higher lows and higher highs formed as possible pullback if not reverse. price was in consolidation within a narrow range. Am I in or close to a consolidation area, with previous high was not retested yet, so the buy signal is valid but the expectation would be play...
Attached Image (click to enlarge)
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Support retest at previous low

Simply following BigE's Trading Made Simple. Simple entry and exit rules

Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning.

1. TDI green red line
(#647 PA analysis)
2. Previous High/Low
3. Rejection at previous High/Low
4. Trend, long and short term

Attached Image (click to enlarge)
Click to Enlarge Name: E8A43CA1-7662-4770-B633-5971DD367F61.jpeg Size: 626 KB


Adding crap EAs does not help improve your trading. Set and forget SLTP you can maximise your odds and profit with your analysis. Trust your analysis as a TMS trader

#1718
All this extra crap does nothing but confuse other traders and their success rate drops and they can't figure out why...

Everyone - Please stop adding anything... stick to the SIMPLE BASIC RULES.
That's what makes it work !
  • #124,445
  • Sep 12, 2021 10:20pm Sep 12, 2021 10:20pm
Quoting emmanuel7788
{quote} hi DaNang111 You do have a lot to read and catch with more than 10 years of history. Do not rush, take your time to read, study and learn from all of Big E posts in Forex Factory. You started very late here and have missed most of those videos which Big E posted in his old thread. Most of the older videos have been removed by their owners hence there are gaps in the learning. You will still find some in other online sources like vimeo and other online trading forums. Anyway, I am here to help you when you need help. I read that you want...

Thank you for you advice and time

I have already subscribed to T View so will have to stick with this for now. I am of course interested to know the differences, pros/cons of both

Also interested to know where to find suggested parameters for each indicator on trading view, is it available on a post?
  • #124,446
  • Sep 12, 2021 10:56pm Sep 12, 2021 10:56pm
"Are you paper trading again? You trade with MT4 broker, it is easy to show trades on charts."

Hi Vincent, you trade with MT4 broker, it is easy to link a Trade Explorer to charts posted by you.

What are you hiding?????
  • #124,447
  • Sep 12, 2021 11:21pm Sep 12, 2021 11:21pm
Quoting emmanuel7788
{quote} when doing trading system development, To start with, I chose only the common indicators available in most trading platforms and in alphabetical order, MACD RSI Stochastics The TDI is a hybrid custom indicator so I would exclude it. Using the MACD, RSI and Stochastics all three in one chart, it will be the COWABUNGA trading system approach. You use 2 to 3 Moving Averages on the price chart to help with the Price Action and Market Type definition. Go back to my post Sep 2015, https://www.forexfactory.com/thread/...55#post8474455...
LOL
To free Gazans of Hamas, use whatever it takes.
  • #124,448
  • Sep 12, 2021 11:23pm Sep 12, 2021 11:23pm
Quoting emmanuel7788
{quote} hi DaNang111 You do have a lot to read and catch with more than 10 years of history. Do not rush, take your time to read, study and learn from all of Big E posts in Forex Factory. You started very late here and have missed most of those videos which Big E posted in his old thread. Most of the older videos have been removed by their owners hence there are gaps in the learning. You will still find some in other online sources like vimeo and other online trading forums. Anyway, I am here to help you when you need help. I read that you want...
LOL
To free Gazans of Hamas, use whatever it takes.
  • #124,449
  • Sep 13, 2021 12:04am Sep 13, 2021 12:04am
TMS Monitor Sep 13 H4 EST 1am PDT10pm

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Sep13 H4 Tokyo 2pm 13-9-2021 1-00-22 pm.png Size: 33 KB


with this H4 , the trade window is open for 30mins....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,450
  • Sep 13, 2021 12:05am Sep 13, 2021 12:05am
Quoting DrDave
{quote} LOL
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,451
  • Sep 13, 2021 12:07am Sep 13, 2021 12:07am
TMS Monitor Sep13 H1 Tokyo 2pm

- with the 4hr trade window open at EST1am PDT 10pm

- I have a cherries to pick.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor H1 Sep 13 Tokyo 2pm 13-9-2021 1-01-24 pm.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,452
  • Edited 2:12am Sep 13, 2021 1:56am | Edited 2:12am
Quoting emmanuel7788
{quote} when doing trading system development, To start with, I chose only the common indicators available in most trading platforms and in alphabetical order, MACD RSI Stochastics The TDI is a hybrid custom indicator so I would exclude it. Using the MACD, RSI and Stochastics all three in one chart, it will be the COWABUNGA trading system approach. You use 2 to 3 Moving Averages on the price chart to help with the Price Action and Market Type definition. Go back to my post Sep 2015, https://www.forexfactory.com/thread/...55#post8474455...
Out of 4 indicator one indicator has this kind of results, Other 3 could not generate 20% of this results.
Best one is not TDI, Now out of 3 indicator people should find best one and the best way to trade that indicator.

Some of the Newbies confidently spread misleading information's. They find a method and they started to think they found good ways to trade and they marry their losing method . If anyone say their method is not good, they started to do personal attack they show their demo profit and so on.
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MA provides the market's current direction and strength.
  • #124,453
  • Sep 13, 2021 2:14am Sep 13, 2021 2:14am
Quoting hasib
{quote} Out of 4 indicator one indicator has this kind of results, Other 3 could not generate 20% of this results. Best one is not TDI, Now out of 3 indicator people should find best one and the best way to trade that indicator. {image}
LOL.Totally meaningless results. If you want to try to convince someone that 1 indicator performs better than others, then you need to present ALL of the test conditions including the indicator settings, entry and exit criteria, trade size, risk, back test parameters, source data, etc., etc.

If your post is indicative of your typical approach to a technical study, then it's no surprise that you can't land on and stick with a profitable system.
To free Gazans of Hamas, use whatever it takes.
  • #124,454
  • Sep 13, 2021 2:19am Sep 13, 2021 2:19am
Quoting tommydoginti
{quote} {image} Support retest at previous low Simply following BigE's Trading Made Simple. Simple entry and exit rules Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning. 1. TDI green red line (#647 PA analysis) 2. Previous High/Low 3. Rejection at previous High/Low 4. Trend, long and short term {image} Adding crap EAs does not help improve your trading. Set and forget SLTP you can maximise your odds and profit...
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1.38 TP hit

Simply following BigE's Trading Made Simple. Simple entry and exit rules

Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning.

1. TDI green red line
(#647 PA analysis)
2. Previous High/Low
3. Rejection at previous High/Low
4. Trend, long and short term

Attached Image (click to enlarge)
Click to Enlarge Name: AD303B6D-53AA-4287-8C97-B9A12835491A.jpeg Size: 609 KB
  • #124,455
  • Sep 13, 2021 2:40am Sep 13, 2021 2:40am
Quoting DrDave
{quote} LOL.Totally meaningless results. If you want to try to convince someone that 1 indicator performs better than others, then you need to present ALL of the test conditions including the indicator settings, entry and exit criteria, trade size, risk, back test parameters, source data, etc., etc. If your post is indicative of your typical approach to a technical study, then it's no surprise that you can't land on and stick with a profitable system.
You are right. To show how meaningless this is I have configured MACD line crossing to work similar to a TDI:
Attached Image (click to enlarge)
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  • #124,456
  • Sep 13, 2021 3:13am Sep 13, 2021 3:13am
Quoting tommydoginti
{quote} {image}{image} 1.38 TP hit Simply following BigE's Trading Made Simple. Simple entry and exit rules Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning. 1. TDI green red line (#647 PA analysis) 2. Previous High/Low 3. Rejection at previous High/Low 4. Trend, long and short term {image}
as a new member I cannot PM but have a question.

on the above charts you have the TView logo and an indicator 'TMS TDI 13,0, 2, 7'

Where do I find that??
  • #124,457
  • Sep 13, 2021 3:13am Sep 13, 2021 3:13am
Quoting emmanuel7788
{quote} hi T4Trade You went on MIA since mid-July. How is your trading progressing this year? To know the trading pair Average Weekly Trading Range, I started posting the AWR(52) in Forex Fctory in Jan 2012. It was simple start, using the MT4 standard ATR set to two periods - 52 weeks and 104 weeks, that is the 1 and 2 years. Knowing these and the average of the two, I use that AWR for trade planning target profit. Simple and effective provided when you know the Market Type you are trading in. as in this old post: https://www.forexfactory.com/thread/...4#post13569774...
i was travelling and just back and resumed trading,going good so far,thanks,i will check out your suggestions,thnks once again.
  • #124,458
  • Sep 13, 2021 3:37am Sep 13, 2021 3:37am
Quoting kirinda
{quote} You are right. To show how meaningless this is I have configured MACD line crossing to work similar to a TDI: {image}
As I have posted many times, indicators that use price as input can be configured to give essentially the same signals by adjusting the parameters.

On Hasib's back test, I did not bother to mention that it covered a total of 22 trades. LOL. I expected that anyone who was serious about his results would see that and immediately toss out those results.
To free Gazans of Hamas, use whatever it takes.
  • #124,459
  • Sep 13, 2021 4:04am Sep 13, 2021 4:04am
Quoting Davit
{quote} Listen idiot stop spamming on this thread with your useless idiotic posts! You started 28 threads imbecile! Post there! Since you are too much of an idiot its worth pointing out TDI is major part of this system thread! Stop posting every video article you watched, read immediately after like you are a trading expert giving advise to unsuspected.You are a simple simpleton!Your feathers still have not pierced from skin!! Only conclusion is left by spamming here you try to get some attention! Try that on your USELESS idiotic threads 28 of them!...
For that many years wasted in his life, he is still blindly backtesting every cross signal of indicators
holy grail seeking noob

And I quote Davit’s words to Hasib.

Listen idiot stop spamming on this thread with your useless idiotic posts! You started 28 threads imbecile! Post there! Since you are too much of an idiot its worth pointing out TDI is major part of this system thread!

Quoting Davit
{quote} Hi MrBullBear You seem to be nice guy and perhaps being too generous to village idiot here hasib.The guy who started 28 threads over 12 systems and trades NONE himself. Assumes he knows everything and attacks folks asking even simple questions with condescending arrogance. You assume he has a winning system no evidence of that NONE!All he does post material he reads and watch from YouTube here spamming this thread. Nobody hates this guy that's too much energy wasted on this imbecile.He is the FF barking chihuahua
The guy who started 28 threads over 12 systems and trades NONE himself.
You assume he has a winning system no evidence of that NONE!
  • #124,460
  • Sep 13, 2021 4:22am Sep 13, 2021 4:22am
Quoting emmanuel7788
TMS Monitor Sep 13 H4 EST 1am PDT10pm {image} with this H4 , the trade window is open for 30mins....

TMS Monitor Sep 14 H4 5AM EST 2AM PDT ... Big E' 4hr trading hour

- same like every day, the trade window is open now with trade opportunities

- like I always say, you need to have your trade plan and look for those trade setups and opportunities on your own

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Sep13 H4 2AM 13-9-2021 5-18-58 pm.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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