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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

  • #127,681
  • Oct 30, 2021 9:00am Oct 30, 2021 9:00am
Quoting 808
{quote} There aren’t many Market Wizards running around in this forum…
There aren’t many Market Wizards running around in this forum

I disagree, I know one person, He Visit FF every trading day,
He don't post in Forum it is true.
He is the only market wizard I know.
MA provides the market's current direction and strength.
  • #127,682
  • Oct 30, 2021 9:01am Oct 30, 2021 9:01am
I was reading "Indicators for the Trading Made Simple system" from over in the Similar Threads section, a discussion about the TDI lines not moving while a candle is being built. I checked mine by refreshing the chart and found my lines were indeed only moving after a refresh/new candle start. Probably discussed here but I've been moving around this thread so much I'm not sure where/if talked about.

Someone posting a fix by which you changed a line in the code...it was explained well and very easy but did not fix the problem for me, even after a few attempts.

Another poster, hanover, posted the method for using the standard mt4 RSI indicator:

If you're using Dean Malone's original settings, the green line is a SMA(2) of a RSI(13,close). Then the red line is a SMA(7) of the green line.

By way of proof, you can replicate this using factory MT4 indys:

1. Create RSI in a new window. Set the parameters to 13 and close, and the color to None, so that it doesn't show.

2. Drag the MA indy into the same window as the RSI. Set the values to 2, simple, close, color = Green, and most importantly, Apply to = Previous Indicator's Data

3. Drag the MA indy into the same window as the RSI. Set the values to 7, simple, close, color = Red, and once again, Apply to = Previous Indicator's Data

That should be an exact match to TDI with the settings (see attached screenshot):
RSI_Period = 13
RSI_Price = 0
RSI_Price_Line = 2
RSI_Price_Type = 0
Trade_Signal_Line = 7
Trade_Signal_Type = 0


Apologies if this is old news.
  • #127,683
  • Oct 30, 2021 10:31am Oct 30, 2021 10:31am
Quoting hasib
{quote} There aren’t many Market Wizards running around in this forum I disagree, I know one person, He Visit FF every trading day, He don't post in Forum it is true. He is the only market wizard I know.
That’s nice. So you are saying that your Market Wizard acquaintance can do what Emmanuel preaches here, making $500-$1,500 a night with a $10,000 account? Let’s assume that he accomplishes the low end of that range. $500. With roughly 20 trading days in a month, he would be literally doubling his account every month. Now, without withdrawing any of those funds, he would double his account 12 times in one year (making $500 a day, for every $10,000 that he had in the account). Doing the quick math in my head, that is somewhere between $20 and $21 MILLION dollars in 1 calendar year….all from a “measly” $10k account!

If anyone here can show a simulated TE doing just 1% of that calculation, I will be truly impressed. Don’t hold your breath kids, it ain’t gonna happen.
  • #127,684
  • Oct 30, 2021 10:34am Oct 30, 2021 10:34am
Quoting 808
{quote} I’m definitely not jumping into the drama here, but am only responding to this post, because it coincides with some of my thoughts I have been having about Big E’s method over the last couple days. I believe Emmanuel is referring to the $10,000 account that Big E himself referred to as his little “Las Vegas” gambling stash, which he considered to be his disposable “entertainment funds”. Supposedly, if he lost it, it would not be the end of his world. Furthermore, Em is trying to imply that with that account size, you can make $500-$1,500...
Have you read this?
#301 Most new traders are terrified to think about trading 4hr & Daily charts. I know I was many years ago... but I didn't have a plan on how to successfully attack it either. We are bring that info to our readers..
Stop trading lower time frames if you really want to make money.
When I finally got sick and tired of making $1 a pip I switched to 4hr charts and trading full lots.
I've spent a lot of money and thousands of hours studying and it was about time I got paid for it... and I do using our method.

What is a full lot size with a $10 000 account with leverage between 25:1 <> 500:1
Look at the length of that blue trendline:
> M5 <=> piece of string
> H4 <=> speck of cosmetic dust in outer space

- Has the market changed that much between 2010 <> 2021 that trader can not find a piece of string or a speck of dust at London Open / New York Open?
- Look at the black trendlines with TDI green cross red.
- Can they do it 5 days a week, 52 weeks a year? Hell no! WHY NOT!!!
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Looking at the above one can make the assumption that brokers are paying Vincent a hefty $$$$ to post this type of nonsense:
- You need to find your WINNING EDGE and the TDI is not in the winning edge equation
  • #127,685
  • Oct 30, 2021 11:08am Oct 30, 2021 11:08am
Quoting hasib
{quote} There aren’t many Market Wizards running around in this forum I disagree, I know one person, He Visit FF every trading day, He don't post in Forum it is true. He is the only market wizard I know.
There aren’t many Market Wizards running around in this forum I disagree, I know one person
LOL.
Look up the definition of "many": You will find that 1 does not qualify as "many".
To free Gazans of Hamas, use whatever it takes.
  • #127,686
  • Oct 30, 2021 11:22am Oct 30, 2021 11:22am
Quoting 808
{quote} That’s nice. So you are saying that your Market Wizard acquaintance can do what Emmanuel preaches here, making $500-$1,500 a night with a $10,000 account? Let’s assume that he accomplishes the low end of that range. $500. With roughly 20 trading days in a month, he would be literally doubling his account every month. Now, without withdrawing any of those funds, he would double his account 12 times in one year (making $500 a day, for every $10,000 that he had in the account). Doing the quick math in my head, that is somewhere between $20...
After Vincent posted his boast of an AVERAGE of $1000 per day, I posted a similar calculation, dropping it to $500 per day, 20 trading days per month, only 10 trading months per year and WITHDRAWING the winnings each month, he would withdraw $100,000 per year. So even if he traded only at this pace, it would require a mere 10 years to make a million with that starting $10,000. But, if he left all of the funds in the account, then as you noted, if you look at the doubling every month, then at the end of month 8 he already surpassed the million dollar mark. In addition, he boasts about have MULTIPLE accounts!!!

so, as you correctly noted,
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To free Gazans of Hamas, use whatever it takes.
  • #127,687
  • Oct 30, 2021 11:27am Oct 30, 2021 11:27am
Hey Hasib and Vincent, have you guys decided that I created 808 as Additional User Name? Maybe you better contact Twee post-haste about it!!
To free Gazans of Hamas, use whatever it takes.
  • #127,688
  • Oct 30, 2021 11:42am Oct 30, 2021 11:42am
Quoting DrDave
Hey Hasib and Vincent, have you guys decided that I created 808 as Additional User Name? Maybe you better contact Twee post-haste about it!!
…and you just liked your own post!
  • #127,689
  • Oct 30, 2021 12:28pm Oct 30, 2021 12:28pm
Quoting 808
{quote} …and you just liked your own post!
That is one of the perquisites of Additional User Name!
To free Gazans of Hamas, use whatever it takes.
  • #127,690
  • Oct 30, 2021 1:04pm Oct 30, 2021 1:04pm
Quoting 808
{quote} …and you just liked your own post!
…and you just liked your own post!
Look!! I did it again! I'm on a roll!
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To free Gazans of Hamas, use whatever it takes.
  • #127,691
  • Oct 30, 2021 7:19pm Oct 30, 2021 7:19pm
Quoting emmanuel7788
So much talking about 5-Method ... 5-Method uses the 5EMA ... 21/233 uses two EMAs ... Post#3018, Introduction to Trading Made Simple To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E. He started as a newbie in 2008. Know the history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move on and develop your own trading system following how he did his. Many traders have moved...
Great post and inspirational!. Hard to see why some find it self-serving or attention-seeking. I guess they are the ones not getting the attention. Your agenda is pretty clear to me. "Traders helping traders."

I followed Big E many years ago for a short time and have nothing but kudos for him. Your post sort of inspires me to look at Big E's methods again but I think it's just nostalgia. Anyway keep posting here on this wonderful thread that anyone is welcome to post on. I think Big E would be proud.
  • #127,692
  • Oct 30, 2021 11:02pm Oct 30, 2021 11:02pm
Psssst Vincent!!!!
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  • #127,693
  • Oct 30, 2021 11:32pm Oct 30, 2021 11:32pm
Quoting emmanuel7788
Sunday Oct31 reply to PM same FAQs <> I follow a lot of your post on trading made simple .......... Is there any books you recommend on the subject and or a list of all candle patterns?? <> I have mentioned several times that new traders should not get overwhelmed by the Price Action stuff and to keep things simple. LESS is MORE! I look at only a few price bars patterns which are commonly seen on our TMS charts and also in the OP' training charts. I zoomed into all 304 charts he posted in FF. I study every chart and zoom into the price bar and the...
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To free Gazans of Hamas, use whatever it takes.
  • #127,694
  • Oct 30, 2021 11:33pm Oct 30, 2021 11:33pm
Quoting emmanuel7788
{quote} these candles will show price MOMENTUM with both the Stoch (8,3,3) %K / %D and RSI (13)/MA(2) green price line slope > 4.0 what criteria to pick a 5-Method "best trade setup" is the slope of both the Stoch %K line slope and RSI/MA green price lines Value 4.0 is a default many traders use. read and study plamendp post in this thread { here }
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To free Gazans of Hamas, use whatever it takes.
  • #127,695
  • Oct 30, 2021 11:34pm Oct 30, 2021 11:34pm
Quoting emmanuel7788
{quote} hey @Tekkies Post#1, did FXDD pay Big E? How much money to promote this brokerage? … Tekkies spends too much on his TDI and Stochastics, now on his M15 & H1 V-lines gimmicks. Tekkies did not spend enough time on Post#647 to learn Price Action, Support & Resistance and Market Consolidation. Tekkies should spend more time on Money Management, Risk management for entries and exits. Tekkies should learn to reduce his large number of BE trades, and How to Let Profits Run. Tekkies will one day learn Post#2617 and he will realize that he can strip...
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To free Gazans of Hamas, use whatever it takes.
  • #127,696
  • Oct 30, 2021 11:35pm Oct 30, 2021 11:35pm
Quoting emmanuel7788
{quote} you have the option using plamendp' version and whether your want to see the 'last bar' refresh or static. https://www.forexfactory.com/thread/...76#post4657976 latest version in that thread Post#1 https://www.forexfactory.com/thread/...-simple-system
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To free Gazans of Hamas, use whatever it takes.
  • #127,697
  • Oct 30, 2021 11:36pm Oct 30, 2021 11:36pm
Quoting emmanuel7788
{quote} it is Big E' Post#7555 (below) and it is $500 to $1000 per evening (his time) that's 2010 and 2011 period. {image} if he is still trading today and his broker FXDD Leverage is 25:1 following US laws.
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To free Gazans of Hamas, use whatever it takes.
  • #127,698
  • Oct 30, 2021 11:36pm Oct 30, 2021 11:36pm
Quoting emmanuel7788
{quote} @Tekkies starting next week, Monday November 01.... its a new Month, New week, Post your one minute chart at London Open*** and New York Open 8:00am and New Your 9:30am *** Today is Daylight Saving Time shift in Europe and the UK. Meantime, you need to top up your account which already in 92% drawdown end Oct 2021. {image}
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To free Gazans of Hamas, use whatever it takes.
  • #127,699
  • Oct 30, 2021 11:40pm Oct 30, 2021 11:40pm
Quoting Winston Reed
{quote} Great post and inspirational!. Hard to see why some find it self-serving or attention-seeking. I guess they are the ones not getting the attention. Your agenda is pretty clear to me. "Traders helping traders." I followed Big E many years ago for a short time and have nothing but kudos for him. Your post sort of inspires me to look at Big E's methods again but I think it's just nostalgia. Anyway keep posting here on this wonderful thread that anyone is welcome to post on. I think Big E would be proud.
Oh-oh!!! Vincent's angling has paid off!!
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To free Gazans of Hamas, use whatever it takes.
  • #127,700
  • Oct 30, 2021 11:45pm Oct 30, 2021 11:45pm
Quoting Winston Reed
{quote} Great post and inspirational!. Hard to see why some find it self-serving or attention-seeking. I guess they are the ones not getting the attention. Your agenda is pretty clear to me. "Traders helping traders." I followed Big E many years ago for a short time and have nothing but kudos for him. Your post sort of inspires me to look at Big E's methods again but I think it's just nostalgia. Anyway keep posting here on this wonderful thread that anyone is welcome to post on. I think Big E would be proud.
Great post and inspirational!. LOL

Hard to see why some find it self-serving or attention-seeking. I guess they are the ones not getting the attention. Your agenda is pretty clear to me. "Traders helping traders." LOL You took the bait, hook, line, and sinker!

It appears that either you have extremely poor reading comprehension or that you have read very few of Vincent's posts in this thread.
To free Gazans of Hamas, use whatever it takes.
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