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Trading Made Simple

  • #128,221
  • Nov 14, 2021 11:28am Nov 14, 2021 11:28am
Quoting hasib
Any one can post this kind of picture, If I post this picture, It doesn't mean I have trade that account. Just be aware of this point. Best of luck. {image}


very nice ! I am amazed by such performance in trading system. the average holding time for Feb is interesting information about the system.


I recall heispark' post { here } and traders should research and look for systems that performs consistently both in 'good and bad' markets.


Attached Image


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,222
  • Nov 14, 2021 11:33am Nov 14, 2021 11:33am
Quoting TampaDave
{quote} The beginning of this 1H candle had a 2 o'clock ma2 with a nice bullish break of the 5ema. As noted, I do not have a lot of confidence in this setup and need more study.

still the same what Big E would call that kind of PA trash

Post#887 chart will explain why Big E made that comment.... don't trade that trash PA.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,223
  • Nov 14, 2021 11:34am Nov 14, 2021 11:34am
Quoting TampaDave
{quote} Thank you Still doing well trading the basics of TMS...couldn't be happier with results to be honest. I did not execute as many trades this week due to time constraints of the J.O.B.{image}These trades were executed when trying out H1 trading. Both trades captured around $800 each. {image}This was a H4 trade with a piss poor SL. Lost $270 on what should have been a really nice winner. This looks like one that may have been executed early. Using the modified RSI version, there was a strong cross of the ma2 over ma7 at the time of execution...sorry,...

@TampaDave

Your UJ H4 trade,
" ... as an experienced trader I look for the BASIC things you should check... no matter the method and those things have been posted several times here... The TDI may signal a good trade set up but what is PA telling you,etc. That can kill a trade entry too."

On you chart, I suspect that big candle is a H4 Master Candle and that is good indication of market consolidation an BRN 113.00.
My H4 may be different due to different broker server time.
But on your chart, I study the HA candles and what the PA is telling you.
See my comments on your chart.
- there is consolddation , that 'big candle', then there is the Mother Bar/Inside Bar ... another very narrow range consolidation ... it is like a coil spring being compressed and will spring open fast.

- the HA candle are small ... Post#261
- the 5EMA also sloping down ... Post#261
- there is no buy setup candle with bullish PA
- and the RSI(13) did not show positive momentum. The MA(2) of the RSI(13) is lagging the RSI(13) data ...
- what about price fractals? do you see any swing lows with fractals?
- without swing low, then there is no true REVERSAL candle and you have to look for other setup conditions (advance setups)
- you trade the breakout of previous high/s in this case... Big E explained this is his old thread how he would trade Craig Harris with Synergy.

Attached Image (click to enlarge)
Click to Enlarge Name: TampsDave UJ H4 trade POMO 14-11-2021 6-56-35 pm.png Size: 227 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,224
  • Nov 14, 2021 11:46am Nov 14, 2021 11:46am
Quoting Tekkies
{quote} Post#25 TDI has the same problem. On new bar (say 5sec into the timeframe) TDI green has crossed red, indicating a trade signal. Refreshing the chart the following can happen: - TDI green does not change angle or crossover. - TDI green change angle, direction resulting that no crossover has occurred. - TDI shift the whole set-up from bar 0 to bar 1 a. candle 1 becomes candle 2 Dave, (not you) need to remember to refresh the chart or take some time off and test TDI for best results. - Do not refresh the chart at all. - Refresh chart xxx seconds...
really?

TDI many versions and so many problems.

How can TDI be king? Which version is the TDI?


PRICE does the opposite to what the any indicator like the TDI does?
Who gives a flying shit what an indicator does – all we care about is PRICE.

>>> PRICE is KING, QUEEN, LORD & COUNTRY


Big E has the solution to the problem TDI even before he started this thread
you can trade without the TDI

#3044 Jan 20, 2011

#3103 Jan 26, 2011

#3418 Feb 12, 2011

#2617 May 16, 2011

#296 Nov 4, 2008
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,225
  • Nov 14, 2021 11:57am Nov 14, 2021 11:57am
Quoting DrDave
{quote} Of course. In fact, you will likely have improved entries when you include the H2 along with your current strategy of H1/H4. (Prepare for a rant from TheToxicFakeTrader about how there is no H2 TF in the default MT4 platform: He has made plenty of them when I mention H8, H16, etc.)

LOL !!

@DrDick

you got your H8 and H16 in the Weekly timeframe all wrong for 40 weeks.

when H8 and H16 is rising making higher highs and higher lows, therefore your Weekly is also rising... do not add to losing position... and hope and pray ...

how many 8 hours are there in your Weekly?

when you have the answer, simple mathematiccs and get the number of 16-hours in one week.

Attached Image (click to enlarge)
Click to Enlarge Name: FakeDr TE Trade List 30-12-2020 5-14-49 pm.png Size: 85 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,226
  • Nov 14, 2021 12:21pm Nov 14, 2021 12:21pm
Quoting emmanuel7788
{quote} @ryuryu you think that TMS is bullshit... then why do you think I would be trading real money on this bullshit. ..
Don't get me wrong. You can trade demo if you wish. You always attack Tekkies and others saying they are not good traders. Why? Show how good you are then.
Observer effect
  • #128,227
  • Nov 14, 2021 12:29pm Nov 14, 2021 12:29pm
Quoting emmanuel7788
How can TDI be king? Which version is the TDI?
Sorry WHAT?

Version???

TDI has simple formula based on 3 well-known indicators!!!

OMG 10+ years and people still can't google how TDI works...

Now I understand why you don't want to show your trades...
Observer effect
  • #128,228
  • Nov 14, 2021 12:40pm Nov 14, 2021 12:40pm
Quoting ryuryu
{quote} Don't get me wrong. You can trade demo if you wish. You always attack Tekkies and others saying they are not good traders. Why? Show how good you are then.

hey @ryuryu

First, I do not attacked @Tekkies and others. If you have read this thread from 2012, you will know the situation . I have been attacked over and over again for years even before @Tekkies and @DrDave started posting in this thread. Each of them have their personal agenda.

Second, I do not say @Tekkies and others are not good traders. They post bullshit about trading in this thread and make claims to be profitable. But when invited to the Verbal diarrhea matches trading skills? thread { here } they chicken out. I have shown them I met that challenge in 2018.

Trading strategy will work in both Demo and Real, but trading Demo money is not the same as trading Real money when the stakes are high like a USD10,000 account for some people.

Let's have another Verbal diarrhea matches trading skills? starting 2022 as I proposed

>>>>> #128,127
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,229
  • Nov 14, 2021 12:47pm Nov 14, 2021 12:47pm
Quoting ryuryu
{quote} Sorry WHAT? Version??? TDI has simple formula based on 3 well-known indicators!!! OMG 10+ years and people still can't google how TDI works... Now I understand why you don't want to show your trades...

which TDI are you referring to ?

People here are talking about the Traders Dynamic Index by Dean Malone and he has several version released between 2006 and 2010. TDI uses only the RSI data.

the last time you provide a link to a TDI indicator download is a different indicator.

I do post how I use tools and show my trades when trading in realtime live market. You did not read this thread on daily basis.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,230
  • Nov 14, 2021 12:54pm Nov 14, 2021 12:54pm
Quoting DrDave
{quote} Neither one: without the TDI on the chart, it cannot be the 5-method.
"without the TDI on the chart, it cannot be the 5-method"

@DrDick


LOL!!

tell Big E that and he would reply with these:

Jan 20, 2011
#3044
Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.

Jan 26, 2011
#3103
I almost always have the tdi & stoch on all my charts regardless of the method being used.

However, it's not necessary on the 5 method for me. It gives people more confidence when they have it on their charts it seems.... and it's a good confirmation to the current PA and possible trade.


Feb 12, 2011
#3418
You can trade the 5 method without the TDI if it's a problem...

PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close.

The TDI just gives me a lot more information for making my entries & exits decisions.


May 16, 2011
#2617
2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?

Read above...

I can take you to water but I can't make you drink... follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too...

#296 (Nov 4, 2008)
I profit every day by using Stochastics. I hope you will too. It's just part of the puzzle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,231
  • Nov 14, 2021 1:01pm Nov 14, 2021 1:01pm
Quoting emmanuel7788
{quote} which TDI are you referring to ? People here are talking about the Traders Dynamic Index by Dean Malone and he has several version released between 2006 and 2010. TDI uses only the RSI data. the last time you provide a link to a TDI indicator download is a different indicator. I do post how I use tools and show my trades when trading in realtime live market. You did not read this thread on daily basis.
What you mean referring? TDI has a formula! It is 3 moving averages of the RSi data. It doesn't matter Dean Malone has created it, is it mt4 or tradingview version or may be even MotiveWave javascript indicator. THEY ARE THE SAME. There is no and cannot be double interpretation.

I think you are talking about old laggy repainting mt4 version what show great entries until you hit refresh? But why we should use it and talk about it?
Observer effect
  • #128,232
  • Nov 14, 2021 1:01pm Nov 14, 2021 1:01pm
Quoting DrDave
{quote} Neither one: without the TDI on the chart, it cannot be the 5-method.

"without the TDI on the chart, it cannot be the 5-method"

#128,202
https://www.forexfactory.com/thread/...4#post13785934


Attached Image (click to enlarge)
Click to Enlarge Name: TampsDave UJ H4 trade POMO 14-11-2021 6-56-35 pm.png Size: 227 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,233
  • Nov 14, 2021 1:08pm Nov 14, 2021 1:08pm
Quoting ryuryu
{quote} What you mean referring? TDI has a formula! It use 2 x RSI and Moving average for its calculations. It doesn't matter Dean Malone has created it, is it mt4 or tradingview version or may be even MotiveWave javascript indicator. THEY ARE THE SAME. There is no and cannot be double interpretation. I think you are talking about old laggy repainting mt4 version what show great entries until you hit refresh? But why we should use it and talk about it?

Traders Dynamic Index ... just a fancy name created by DM to sell systems.

Using any platform's RSI and add moving averages to the RSI data and add a Bollinger Band to it ... has been around for years .

...

RSI: The Complete Guide by John Hayden click to [download]

Trend Determination using the RSI (TDI)click to [download]

that TDI you provided link to mql5 is different.
https://www.forexfactory.com/thread/...4#post13612794
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,234
  • Nov 14, 2021 1:25pm Nov 14, 2021 1:25pm
Quoting ryuryu
{quote} What you mean referring? TDI has a formula! It is 3 moving averages of the RSi data. It doesn't matter Dean Malone has created it, is it mt4 or tradingview version or may be even MotiveWave javascript indicator. THEY ARE THE SAME. There is no and cannot be double interpretation. I think you are talking about old laggy repainting mt4 version what show great entries until you hit refresh? But why we should use it and talk about it?
"I think you are talking about old laggy repainting mt4 version what show great entries until you hit refresh? But why we should use it and talk about it?"

@ryuryu

That version in Post#25 is the version Big E used. I used that same version for many years and I know that repainting issue. I don't have any problem to continue using that TDI#25 when trading in real-time live market.
My solution is very simple - follow PA and use the Stoch(8,3,3,) for the setups and that TDI#25 is lagging on bar, and that is all okay for me.
There is really no need to refresh chart when looking for trade.
PA is PA and it is the same before and after the charts are refreshed.
The TDI#25 has one 'benefit' which is inherent in the original version and why it will repainted when charts are refreshed was explained by Dean Malone years ago. That was also dicsussed in another Synergy trading forum.
Here, several senior FF members knows this repainted issue very well - Xaphod, zzzbrn, hanover and plamendp.
plamendp provided his @TMSTDI Watchdog which has both options - with and without re-painting as user settings.

We all trade the PRICE!

not the indicator.

>>>> PRICE is KING, QUEEN, LORD & COUNTRY ... strat
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,235
  • Nov 14, 2021 1:40pm Nov 14, 2021 1:40pm
Quoting emmanuel7788
Good morning from Sydney and Auckland. I see a few PMs in my inbox ... - folks from the UK wanting to know if I trade FTSE100 Ans: NO. But I can look at the charts and post some trade ideas and it will be purely based on Price Action trading. No TDI. - a few members ask about the EMBasket and JPYBasket, why I have not been posting TMS(r) trades. Ans. OKAY. I will post them again. - several repeated questions and requests as usual on TMS_V19 EA, Trade Manager EAs, etc. Ans. OKAY. I will post when I have time but most of the questions were already...

UK100 (FTSE)

- Weekly Close Nov12

- market still bullish for past 2 weeks and we have new WCC High-Low to consider

- I use the same 4 levels Weekly OHLC and look for Daily trades

Weekly

Attached Image (click to enlarge)
Click to Enlarge Name: UK100 Weekly Nov12 Close 15-11-2021 5-37-02 am.png Size: 24 KB


Daily

Attached Image (click to enlarge)
Click to Enlarge Name: UK100 Daily Nov12 Close 15-11-2021 5-40-40 am.png Size: 22 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,236
  • Nov 14, 2021 1:45pm Nov 14, 2021 1:45pm
Quoting emmanuel7788
{quote} UK100 (FTSE) - Weekly Close Nov12 - market still bullish for past 2 weeks and we have new WCC High-Low to consider - I use the same 4 levels Weekly OHLC and look for Daily trades Weekly {image} Daily {image} ...

USDollar Weekly Nov 12 Close

- bullish rising channel

- buying is preferred in the rising channel and you have the two weeks low to cut-loss or 10% exit

Attached Image (click to enlarge)
Click to Enlarge Name: USDollar Nov12 Close 15-11-2021 5-43-03 am.png Size: 21 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,237
  • Nov 14, 2021 5:38pm Nov 14, 2021 5:38pm
UJ Nov 15 H4 *** LIVE *** Tokyo 10:30am

- a new week, a new day and a H4 will closing soon

- the risk you see with TMS_V19 information EA

- first you do your visual check all TMS basic setup conditions according to Big E Post#261

- TMS_v19 provide you some information according to Post#647

> use TMS_v19 as your trading tool according to your own experience and discretion


Attached Image (click to enlarge)
Click to Enlarge Name: UJ Nov15 H4 V19 sell coming up 15-11-2021 9-32-44 am.png Size: 75 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,238
  • Nov 14, 2021 5:50pm Nov 14, 2021 5:50pm
Quoting aumelvik
{quote} Hi Emmanuel, Can you please share the latest TMS v19 along with the setfiles you use for 4 hour and 1 hour. Could you also share the ea you use for the trade management and the corresponding setfile . Thanks alot mate.

hi @aumelvik

TMS_V19 Information EA

Install TMS_V19 EA as your live market trading tutor.

go to these links and download the TMS_V19 Tools,

Manual
https://www.forexfactory.com/showthr...57#post5070757


Expert Advisor
download this version here:
https://www.forexfactory.com/showthr...87#post5079087

There are many different combination of those TMS settings.
Setting up the EA to trade according to specific technical conditions require a thorough understanding of how the EA was coded and you will learn it by forward testing in live market conditions.
Trying variations and combinations of the EA settings in live market is one way to have a thorough understanding of how the EA was coded.
There are some very good setup conditions in that EA which can be used to filter only the better trade setups and you won't be trading blindly the TDI green cross red. I will be posting lots of live charts examples for you.

Have Fun reading and studying the TMS_V19 Manual. Remember ... read, study, learn and take notes of your own.

stay tuned for the settings and set-files
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,239
  • Nov 14, 2021 5:54pm Nov 14, 2021 5:54pm
Quoting aumelvik
{quote} Hi Emmanuel, Can you please share the latest TMS v19 along with the setfiles you use for 4 hour and 1 hour. Could you also share the ea you use for the trade management and the corresponding setfile . Thanks alot mate.
hi @aumelvik

Trading Made Simple Expert Advisor EA for Trade Management

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


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>>>>> be warned of the repeated rants ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,240
  • Nov 14, 2021 5:58pm Nov 14, 2021 5:58pm
AU Nov 15 H4 ***LIVE*** Tokyo 10:55am

- potential trade

- you need to mitigate risk of this HA candle#4 and candle#5 entry plus all other risks



Attached Image (click to enlarge)
Click to Enlarge Name: AU Nov 15 H4 Tokyo 1055am 15-11-2021 9-55-35 am.png Size: 76 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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