Trading is about earning money while preserving capital.
- #133,323
- Edited 2:16am Aug 2, 2022 1:47am | Edited 2:16am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Emmanuel, I downloaded arbinka's TMs Monitor but couldn't find TMS_V19. Do you have the link please ? Wish one do you use ? Do you use Synergy pro ? Thank you Chris
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
Don't be shy to ask questions and I know 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 conbinations of the EA settings in live market is one way to have a thorough understandding of how the EA was coded and you do not need to ask for the mq4 code files.
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.
https://www.forexfactory.com/thread/...6#post12972826
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #133,324
- Edited 2:45am Aug 2, 2022 2:27am | Edited 2:45am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} emmanuel. Thank you, for your helpful advise and sharing the downloads. I'm also interested in TMS_V19 EA. , which I've already downloaded it, and like to set it up like yours, if you don't mind to let me have your TMS_V19 EA. setfile. Much appreciated your huge help in this forum.
hi Monty13
I don't post setfiles for TMS_V19 because members had difficulties using my setfiles.
There is no generic setfile for TMS_v19 EA.
Traders must have their own trade plans and then inout their own parameters into the EA and save them as their own setfiles.
Setfiles are different for trading H4, H1 and M15. You have to know what technical conditions you want to trade.
I have made many post explaining the various parameters for example the Trend 2/8 and the TDIC1 , and what to choose in your trading and setfiles.
The setup conditions are very 'strict' when you use TMS_v19. All setfile conditions will be checked in realtime and onky then you get the alert message.
You need to pick your trade setup according to Post#261 and you also need to filter them with Post#647. It is not so simple to have a generic setfile for all pairs.
Your must a trade plan for the pair then input into TMS_V19 EA.
If you have questions, I am here to explain how you can use the EA to help you trade.
For example AU H4 below:
- TMS_v19 will not detect and send any alert for sell because the Trend 2/8 Weekly is sideways. For a sell setup alert, the Trend 2/8 must be bearish RED
- and the TDiC1 Daily must also be RED.
under these conditions, it is the trader who must make the discretionary decision to take a sell trade at the last H4 candle,
based on the price action which is a CONSOLIDATION breakout after the AUD news today.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #133,325
- Aug 2, 2022 3:12am Aug 2, 2022 3:12am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #133,326
- Aug 2, 2022 3:27am Aug 2, 2022 3:27am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} UJ Daily July 25 onwards - Monday Jul 25 open sell entry at Sydney Open or Tokyo Open - Stop Loss above Jul 21 high and do trade Position Size - Move SL BE+ when price move +1.5 ADR (100 days) > manage trade on daily open basis - wait for APB/HA candle close with change in colour and exit when Sydney Open {image}
UJ Aug02 trade update
- this trade ran for 7 days
- today is the day to take some profit ... +1086pips
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #133,327
- Aug 2, 2022 4:04am Aug 2, 2022 4:04am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
TMS Monitor New York 5am London 10am
- a new H1 and also a new H4
- its Big E' PDT 2AM 4hr trade window
> do you have a trade plan for this 4hr and during this 4-hour trade window?
> do you have a trade plan for H1?
> what about M15?
- a new H1 and also a new H4
- its Big E' PDT 2AM 4hr trade window
> do you have a trade plan for this 4hr and during this 4-hour trade window?
> do you have a trade plan for H1?
> what about M15?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #133,328
- Aug 2, 2022 4:07am Aug 2, 2022 4:07am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
EG Aug02 H1
- 'great' looking Stoch and TDI' RSI green price line slope
- both the Stoch and TDU green line slope > 4.0 ... extreme!
- 'great' looking Stoch and TDI' RSI green price line slope
- both the Stoch and TDU green line slope > 4.0 ... extreme!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #133,331
- Aug 2, 2022 5:37am Aug 2, 2022 5:37am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Week 2 done. Had quite a few BE+/- trades and a couple losing trades. Took my time relaxing in trading, avoided the news and scalped after news and the spike up. {image} {image}{image}
GU sell.
Follow BigE's Trading Made Simple #647.
Price rejected from previous high and formed lower high. Nice reversal setup to enter.
- #133,332
- Aug 2, 2022 5:46am Aug 2, 2022 5:46am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Hi emmanuel. I used to trade this TMS 5 rules methodology quite a while ago. But wasn't consistent, as I was working full time. I have gone through the forum again, and again, and have refreshed my understanding of TMS 5 method. Would you kindly tell me where I could download the TMS monitor, and if you don't mind sharing your set file on TMS_V19 EA. plz. Thanks
I am also working full time and occasionally on customer sites. I trade with phone using MT4 and TradingView apps.
My suggestion is to use alert system that notify you only with the TDI signals you would trade after analyzing the chart with Price Action as of BigE's #647
As a simple example, in an uptrend, TDI green cross red UP would be considered to buy. The down crosses are not considered.
An effective alert system should give you signals you need, not everything. This is a waste of time.
TDI is a tool with equations known to the public, there are free tools you can use on charting platforms enabling you to set alerts as you analyze the chart (on the fly with phone).
Trade well.
(Example of TV alert setting)
- #133,335
- Aug 2, 2022 6:54am Aug 2, 2022 6:54am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Emmanuel, I downloaded arbinka's TMs Monitor but couldn't find TMS_V19. Do you have the link please ? Wish one do you use ? Do you use Synergy pro ? Thank you Chris
hi Elsaloon
Sorry I did not answer your question "Do you use Synergy pro ? "
I have been trading Synergy, Synergy Advance 2.0 and also Synergy Pro since 2007 and up till 2015.
I stopped using the Synergy tools when I decided to trade with the TDI in 2018.
My trading chart are much simpler now without the Stoc and TDI. Just the Bar chart with APB/HA candle and 5LWMA and 5EMA.
The other TMS MAs are the 50EMA and 200EMA which many of us use them as dynamic support & resistance.
Example like my UJ trading chart below which I posted earlier.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #133,336
- Aug 2, 2022 6:57am Aug 2, 2022 6:57am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #133,337
- Aug 2, 2022 7:04am Aug 2, 2022 7:04am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} emmanuel. Thank you for your honest and valuable advise in your reply, . After reading the post 261 & 647, as you pointed out. Thank you
make the transition to trade the Daily and I will share my weekly trade plan and also setfiles for the TMS_V19 when I have trade plan prepared.
one more thing is not to reply too much on the TMS_V19 EA alone, you also can use the @TMSTDI WatchDog which many older members here were using for many years. The TMS Monitor can only show an overview of the pairs you have in your watchlist. Those recommendation were by the member arbinka who developed that TMS Monitor. It is a good trading tools for many TMS traders for many years.
Example below, TMS Monitor and @TMSTDI Watchdog alert messages. I personally prefer the @TMSTDI Watchdog alerts when I trade TMS MEME EVO to add-on multiple entries. This is how I add-on trades when I trade UJ Daily chart.
Remember after the 4hr setup , you have the trade window open and you can make a trade entry using m5 alert by @TMSTDI Watchdog .
You don't want to be watching you trading PC all the time. Just wait for the @TMSTDi Watchdog alert messages then you can use your mobile to open orders.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #133,338
- Aug 2, 2022 7:22am Aug 2, 2022 7:22am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Good post @Alihelmy123How to deal with losses in trading too often people would think of the emotion aspects affected by losses. Traders must realised that losses are inherent in all trading systems. There is no 100% winning systems. All the talk here about 99.5% win rate are all nonsense by dreamers. These dreamers are fake traders. Most important is to treat trading as a business. In all forms and types businesses you have to have a trading business plan. In your trading business plan you have to know what the potential...
Hi TMS Folks
I get many PMs today regarding this post I made yesterday.
I will try answer the PMs privately as I already know some of you very well and I understand your trading style and account type and size.
But let me answer a few common asked question.
Q. What means rolling 3-year-trading-cycle?
Ans: A 3YTC is a full 36 months trading plan. It can start anytime during the year. For example, I have one 3YTC started in Oct 2020 and this will run until Sep 2023... 36 months. This cycle is already profitable and with locked in profits.
A rolling 3YTC is when I start another new cycle before the current 3YTC completes.
I have another new 3YTC which started in Feb2021 and is now running. This cycle will complete end Jan2024... same cycle duration of 36 months.
Q. Do I only trade Daily charts?
Ans: No. I trade the Market Type using the Weekly chart. Daily and H4 is where I normally manages my trade baskets. A lot of my trading parameters are based on Daily and Weekly charts, for example the ADR(100) days and the AWR(52) weeks.
For example my post today on EURGBP H4,
https://www.forexfactory.com/thread/...7#post14086257
The Weekly Market Type has a new WCC and the Daily also sideways, therefor that TDI setup must be avoided.
more later,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #133,339
- Aug 2, 2022 8:09am Aug 2, 2022 8:09am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
TMS Monitor Aug 02 EST 9am PD T6am
- new 4hr trade window open
- H1 signals
...
- new 4hr trade window open
- H1 signals
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #133,340
- Aug 2, 2022 8:10am Aug 2, 2022 8:10am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
TMS Monitor Aug 02 EST 9am PD T6am - new 4hr trade window open - H1 signals {image} ...
EJ Aug 02 H1 New York 9am
- continuation in trending market
- price action H1 master Candle consolidation breakout
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett