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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

  • #141,601
  • Aug 13, 2023 7:14pm Aug 13, 2023 7:14pm
Quoting emmanuel7788
{quote} @Tekkies WAKE UP! That is demo money in your South African Rand ZAR.... ZAR 3000 deposit money. That's not real money USD10,000 Live Trading Account. Let's follow Big E' TMS and his post #557 and #7555. #557 {image} #7555 {image} ...
Please Vincent wake up > Post 141,347, Post 141,349
and again you miss the obvious
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Anyway, not going into a senseless argument with you.
Make your Trade Explore open with any amount you want, in any currencies you want, with any leverage you want, with any start date you want, live or demo, visible or not visible.
Just do it or stop flapping your lips about nothing.
> I really don't care and am sure the readers/members don't care either.

In short Vincent grow up, act like an adult or just bugger off.
  • #141,602
  • Aug 13, 2023 7:29pm Aug 13, 2023 7:29pm
Quoting Tekkies
{quote} Please Vincent wake up > Post 141,347, Post 141,349 and again you miss the obvious {image} Anyway, not going into a senseless argument with you. Make your Trade Explore open with any amount you want, in any currencies you want, with any leverage you want, with any start date you want, live or demo, visible or not visible. Just do it or stop flapping your lips about nothing. > I really don't...

@Tekkies


WAKE UP! your brain ...

That is demo money in your South African Rand ZAR.... ZAR 3000 deposit money...in a Live account.

That's not real money USD10,000 Live Trading Account.

Let's follow Big E' TMS and his post #557 and #7555 with real money USD10,000.

#557
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#7555
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,603
  • Aug 13, 2023 7:40pm Aug 13, 2023 7:40pm
Quoting Tekkies
{quote} Yellow line does not show in Live / Demo or backtest. {image}

hey @Tekkies

If you did not have success with Big E' TMS for more than 7 long years, then try mehdi343 method_1 { here}
https://www.forexfactory.com/thread/588548-lower-risk-stress-free-tdi-system


AU Aug 14 Daily

- it is sell continuation no need for the lagging TDI green line to cross red line on this current candle

- just the RSI green price line is enough to make a simple trade decision

> always trade with initial Stop Loss risk 'R' and do your trade Position Sizing




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,604
  • Aug 13, 2023 7:52pm Aug 13, 2023 7:52pm
EU Aug 14 Daily swing range

- the last swing low range 363 pips

- lets wait and see how many pips will be this current swing high to swing low



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,605
  • Aug 13, 2023 8:00pm Aug 13, 2023 8:00pm
Quoting eelfranz
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average... With bounce trades the odds are lower for your success... but it still works. When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last...

#647 Price Action basics

example of a 4hr 'step entry' setup

- small pull back in price

- then the next candle opens in same HA colour

- your initial stop loss is 2CLB on timeframe


Attached Image (click to enlarge)
Click to Enlarge Name: AU Aug 14 H4 step entry 14-8-2023 8-56-17 am.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,606
  • Aug 13, 2023 8:31pm Aug 13, 2023 8:31pm
Quoting Darwati
{quote} To be honest, I learned trading based on what I saw on the chart therefore I use a lot of the concept of color on the chart I don't know much about TMS , Big E or price action so I try to make what I think is suitable and understandable by myself I try to map the trend on the M5 chart , Automatic Vertical Line as my Main Trend I also tried to map the mini trend and counter trend on M1 via the colorful TDI Pro and now it's a plain TDI Pro2 that's much smoother in appearance TDI Pro2 doesn't have any limitations but it's also plain, only Red...
BigE’s TMS is a method relying on TDI. But just like what you are doing, it is not trading every TDI crosses and bounces.

Price action plays a role in TMS too.

Should an indicator takes account into TDI and Price Action of TMS, the result is it filtering the TDI signals, only alerts you those valid TMS trades. If your indicator only gives you a few alerts per day, then you are in the right direction. Keep on the good work.

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  • #141,607
  • Aug 13, 2023 8:51pm Aug 13, 2023 8:51pm
Quoting emmanuel7788
TMS Monitor Week 33 Aug 14 - first 4hr candle of this week - No trade now > wait for the next 4hr trade window {image} ...

TMS Monitor Aug 14 H4 Tokyo 10am London 2am New York 9pm

- this is the second 4hr trade window of the Day

- a few recommendations but you need to have your trade plan for today and trade according to your trade plan.

- more important is you have done your #647 Weekly Top Down Analysis WTDA and know the Big Picture of the market

> with a your WTDA and Big Picture you will know if there are any potential for picking the pairs with +5R to +9R trades this week.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,608
  • Aug 13, 2023 8:58pm Aug 13, 2023 8:58pm
Quoting tommydoginti
{quote} BigE’s TMS is a method relying on TDI. But just like what you are doing, it is not trading every TDI crosses and bounces. Price action plays a role in TMS too. Should an indicator takes account into TDI and Price Action of TMS, the result is it filtering the TDI signals, only alerts you those valid TMS trades. If your indicator only gives you a few alerts per day, then you are in the right direction. Keep on the good work. {image}

@tommydog

If you have read Big E' posts and follow his system development in his old thread, you will learn more and ...

TMS is a blending of systems/methods.

Inn your example os NZDUSD, TMS' true REVERSAL on Daily is quite simple and clear

Study my chart below using Big E TMS 5-Method basics template.

learn to read your candles as big e had said many times, see the candle price action follow one bar/candle at a time ...

You will see the market made a new high but failed to close higher, it then pulled back and made consecutive lower high lower lows candles, and then the CHS' NFF True REVERSAL candle setup.

It is this simple ... but only when you have mastered the 5-Method.

- a +3R trade profit in a swing range of 451 pips

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,609
  • Aug 13, 2023 10:28pm Aug 13, 2023 10:28pm
Quoting emmanuel7788
{quote} #647 Price Action basics example of a 4hr 'step entry' setup - small pull back in price - then the next candle opens in same HA colour - your initial stop loss is 2CLB on timeframe {image}
interesting stuff I think I've heard of "step entry" called a "speed bump" before

I'm studying all PA now, reading Candlestick and Pivot Point Trading Triggers by John L. Person

he's got some gems in there

E- Your work is solid and strong, no wonder you are an fx trader. Emmanuel = God is with us.
  • #141,610
  • Aug 13, 2023 11:02pm Aug 13, 2023 11:02pm
Quoting tommydoginti
{quote} BigE’s TMS is a method relying on TDI. But just like what you are doing, it is not trading every TDI crosses and bounces. Price action plays a role in TMS too. Should an indicator takes account into TDI and Price Action of TMS, the result is it filtering the TDI signals, only alerts you those valid TMS trades. If your indicator only gives you a few alerts per day, then you are in the right direction. Keep on the good work. {image}
Follow TDI sell signals with Price Action indicating down trend.

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  • #141,611
  • Aug 13, 2023 11:05pm Aug 13, 2023 11:05pm
Quoting eelfranz
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average... With bounce trades the odds are lower for your success... but it still works. When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last...
When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:

How close am I to the previous high or lo

Am I in an uptrend or downtrend.. short & long term...

Am I in or close to a consolidation area

Are the previous candles small...

Look at the candles on the last reversal... big, little, what

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  • #141,612
  • Aug 13, 2023 11:27pm Aug 13, 2023 11:27pm
if i do not see good results by changing various numbers in input in 1 min chart the indicators go to 4bin folder
  • #141,613
  • Aug 14, 2023 12:09am Aug 14, 2023 12:09am
Quoting tommydoginti
{quote} BigE’s TMS is a method relying on TDI. But just like what you are doing, it is not trading every TDI crosses and bounces. Price action plays a role in TMS too. Should an indicator takes account into TDI and Price Action of TMS, the result is it filtering the TDI signals, only alerts you those valid TMS trades. If your indicator only gives you a few alerts per day, then you are in the right direction. Keep on the good work. {image}
Big E #281

Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
When we start the trading day, we first look at the Daily chart Price Action.
> was there a previous swing high or swing low with True REVERSAL
> if there is a Daily True REVERSAL, then we look for continuation trades
> in the lower timeframes like M15 we look for sell setups with small stop loss


Daily chart

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M15 example,
- we have a price gap open
- price failed to move higher and toppisch price action
- price filled the gap very quick and we can trade the price action in the continuation of the Daily Price Action

> you need a lot of confidence trading rules-based discretionary price action.
> if you have done this for 5000 trade over a 10 year period, you will know the Statistical Edge and Expectancy of such trades.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,614
  • Aug 14, 2023 12:11am Aug 14, 2023 12:11am
Quoting oo7rai
if i do not see good results by changing various numbers in input in 1 min chart the indicators go to 4bin folder

you are very strict ... I LIKE!

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,615
  • Aug 14, 2023 12:14am Aug 14, 2023 12:14am
Quoting kenergy1
{quote} interesting stuff I think I've heard of "step entry" called a "speed bump" before I'm studying all PA now, reading Candlestick and Pivot Point Trading Triggers by John L. Person he's got some gems in there E- Your work is solid and strong, no wonder you are an fx trader. Emmanuel = God is with us.

you can spend two years like Big E did in post #2617 or you can be like me and spend 10,000 hours and learn EVERYTHING.

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,616
  • Aug 14, 2023 12:52am Aug 14, 2023 12:52am
GBPJPY Aug 14 H4 Tokyo 2pm local

TMS_V19 EA information

- H4 setup with Stoch and TDI signals ... BUI ...

- risk1 against Weekly Trend 2/8

- risk2 TDIC1

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,617
  • Aug 14, 2023 12:58am Aug 14, 2023 12:58am
Quoting tommydoginti
{quote} Using only the TDI and Price Action Sell in downtrend. Set up TDI cross alerts only for the cross down to save time {image} #647 When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last reversal... big, little, what

AUDUSD Aug 14 H1

- zoom out and see more of the PPA previous price action

- insert floating Daily chart on H1.

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> any0ne counter-trend day trades today?



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,618
  • Aug 14, 2023 1:06am Aug 14, 2023 1:06am
Quoting emmanuel7788
{quote} AUDUSD Aug 14 H1 - zoom out and see more of the PPA previous price action - insert floating Daily chart on H1. {image} > any0ne counter-trend day trades today? ...

AUDUSD Aug 14 H4 TMS-V19 EA

- another nice tool for technical analysis

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,619
  • Aug 14, 2023 3:04am Aug 14, 2023 3:04am
Quoting tommydoginti
{quote} Using only the TDI and Price Action Sell in downtrend. Set up TDI cross alerts only for the cross down to save time {image} #647 When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last reversal... big, little, what
Simply trading with BigE’s Trading Made Simple
TDI with price action.

use TMS rules to filter out the high winning probability TMS setups.

When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:

How close am I to the previous high or lo

Am I in an uptrend or downtrend..

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  • #141,620
  • Aug 14, 2023 3:15am Aug 14, 2023 3:15am
Quoting kirinda
{quote} It's nothing wrong with this system. It works as many systems do. The problem is the traders that try it out. They try to make money only looking at TDI-crossing and stochastic. In this way you will for sure lose money. You need to understand price actions on the timeframe you are trading on and price actions on higher timeframe (at least 4-6 times higher than your trading timeframe. For example If you are trading on 30M you can also watch 4H.) If you decide to use this system you only need to read eelfranz (BigE) posts. The posts now is...
Entry on 15M (15M after London Open) because of #647 and strong support on 4H:

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