Trading Made Simple

Quoting emmanuel7788

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{quote} @tommydog.... Risk control is NOT the first thing to consider when trading this retail spot forex market. 95% of retail traders will lose their money. The reason are plenty and risk control is not that first thing. Remember, you are trading in the world' largest online casino. You can continue with your day job which will pay your bills and expenses. Trading TMS and make money is your day dreaming fantasy. Stop lying here. ...

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Quoting tommydoginti

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{quote} Hi Lynnc, do you use the TDI indicator on #25 or manually populate TDI green and red line with built-in RSI + MA? if you use custom indicators, actually all custom indicators, refresh chart before analysis and enter a trade (post #11). That is a MQL4 issue in general. You can put on both panels and observe the two when you trade in the future. You will see it yourself what happens. That little research is helpful in trading TMS and any methods. But it is good trade. Use the entry timeframe to manage trade with TMS rules is the way to go....

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Quoting lynnc

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{quote}I use the TMSWatchdog which doesn't refresh I have watched it for many weeks believe me. As you can see from the image below both look the same up until the start of today because of the close and open of the market as I mentioned. After that time, they look different and it will stay like that all day until close again. {image}

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Quoting tommydoginti

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{quote} Follow up on the AUS200. BigE's TMS with TDI signal confirmed with Price Action in post #647 Previous Highs and lows trend rejections and reversals {image} From previous high, look for sell opportunities with reversals and TDI sell signals. As momentum has diminished as price reached the previous High, go down 1 timeframe. Sell away from Highs as TDI cross down. {image}

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Quoting tommydoginti

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{quote} That is the MQL4 issue that frequently found on forums, not limited to TMS related custom indicators. My suggestion is to add built-in RSI and MA to construct TDI green and red line. If the one you are using is not “refreshed”, it should show same value with the constructed TDI green red line without you needing to manually refresh chart As we know, RSI and MA are based on candle close, their values are fixed once a candle is closed, and applicable to all past candles. * edit: seems your TDI real-time has work around for the custom() MQL4...

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Quoting SGhomeTrader

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{quote} ' Interested in learning and trying this method of trading but I am totally overwhelmed with the amount of pages and information thats been cluttered here. Any pointers and guidance ?

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Quoting tommydoginti

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{quote} Trading range market with TMS important to follow Price Action in #647. BigE's TMS with TDI signal confirmed with Price Action in post #647 Previous Highs and lows trend rejections and reversals {image}

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Quoting emmanuel7788

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{quote} Hello TMS 5-Method traders TMS 5-Method traders .... need to learn to see the forest and the trees... - consecutive Weekly candles making Lower High, Lower Low + Lower Close - when that Weekly Price Action stop making LH>LL+LC and a Weekly Insider Candle formed, - we see a WCC ... that is the first indication of the change in Market Type condition ... in this case the Market Type I has changed. - we begin with a new Market Type ...Sideways Ranging ... can be Type II or Type III.. - we adapt our TMS trading strategy to trade the new Market...

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Quoting lynnc

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{quote}I like the way the TMS watchdog works so its not a problem for me. I like the fact when the new candle opens it is as it was, so it gives me time to look at all the pairs and see what I would like to trade best. I don't of course trade every cross I know which direction my bias is but find on h1 the tdi gets me in faster than anything else and with more confidence. And when I take an image of it, it saves anyone saying it hadn't crossed on that bar open because its written there, thats why I don't refresh. Yes we can look at price action...

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Quoting tommydoginti

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{quote} That is the MQL4 issue that frequently found on forums, not limited to TMS related custom indicators. My suggestion is to add built-in RSI and MA to construct TDI green and red line. If the one you are using is not “refreshed”, it should show same value with the constructed TDI green red line without you needing to manually refresh chart As we know, RSI and MA are based on candle close, their values are fixed once a candle is closed, and applicable to all past candles. * edit: seems your TDI real-time has work around for the custom() MQL4...

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Quoting emmanuel7788

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AJ Sep08 Tokyo Open - early bird sell SYD_2H {image}

Attached Image (click to enlarge)

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Quoting emmanuel7788

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{quote} @tommydog.... Dean Malone who created several version of his Traders Dynamic Index. That first version is the TDI in post #25. That is the version the OP Big E had used and he claimed to have made money with it. The other version which many consider as the 'Realtime' version is different from the previous version i.e. the TDI#25. Dean Malone explained this in his trading room back in 2007 and that has nothing to do with the MQL4 issue you read online. You got this one WRONG! If you use RSI with MAs, that is known as Fozzy-RSI and not the...

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Quoting lynnc

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{quote}I like the way the TMS watchdog works so its not a problem for me. I like the fact when the new candle opens it is as it was, so it gives me time to look at all the pairs and see what I would like to trade best. I don't of course trade every cross I know which direction my bias is but find on h1 the tdi gets me in faster than anything else and with more confidence. And when I take an image of it, it saves anyone saying it hadn't crossed on that bar open because its written there, thats why I don't refresh. Yes we can look at price action...

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Quoting tommydoginti

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{quote} Hi Emmanuel How to set up the TMS chart on PC and Mobile apps is a frequent question. Please refer to the post #130851 ====== Hi GeraldFX, I have TradingView and MT4 installed on my phone. TradingView is more versatile and can put up custom indicators and set up alerts to trade on the fly. MT4 is my broker, IG, trading platform for trade execution. I also put up the TDI on the chart. ==== First. Inspect the code of TDI green and red line. #25 has the .mt4 and source code can be viewed...

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Quoting Tekkies

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Some advice for TDI indicators https://forex-station.com/viewtopic....38#p1295362638

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Quoting tommydoginti

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{quote} Can you elaborate a bit on that? Any examples? ////

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Quoting havenoidea

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{quote} it is time to buy it hit floor but for me i dont like to trading sideway at all {image}

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Quoting emmanuel7788

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{quote} @tommydog.... I can give your this example below: If you can solve this, then I know which level you are current at ... newbie, newbie+ , or beginner or rookie trader, Just follow #261 and #647, ... keep them simple or if you have read the OP's posts, he did mention this too. {image} ...

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Quoting tommydoginti

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{quote} Hello Emmanuel, You can refer to my post responding to your post #132,901 about How you could have avoided this stupid mistake selling. {image}

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