{quote} GU Oct20 London 10AM 4Hr {image} 1Hr {image} M15 {image} ....
GU Oct20 Update New York 9am
H4
H1
M15
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,801
- Oct 20, 2023 8:13am Oct 20, 2023 8:13am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
GU Oct20 Update New York 9am
H4
H1
M15
...
- #143,802
- Oct 20, 2023 8:15am Oct 20, 2023 8:15am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY.Snarlyjack - Good to hear from you old friend. We have stood back to back in battle more than a few times. May your trades be blessed buddy. Come visit more often.Big E
Do not think you can trade with us without reading the thread and taking notes. READ & STUDY.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,803
- Oct 20, 2023 8:24am Oct 20, 2023 8:24am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #143,804
- Oct 20, 2023 8:29am Oct 20, 2023 8:29am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Wonder what Jimmy will post in this thread after he read how you try and remove TDI from this thread. It is good that you can not edit BigE's posts to your likening. ----- The key to this method is the Traders Dynamic Index indicator for entries and exits. I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else. ---- We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces...
@Tekkies
post#2617
" get rid of the TDI for higher success "
without any lagging TDI, there will be fewer rules ...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,805
- Oct 20, 2023 8:30am Oct 20, 2023 8:30am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #143,806
- Oct 20, 2023 8:35am Oct 20, 2023 8:35am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} If you can fix post#25 TDI green red.mq4 not to repaint some crossover. Now that will be a tremendous improvement. ----- The problem with most of the posts are that members post their understanding of what BigE has posted.. ChatGPT?? > Use a good pdf reader and do your own homework (that is your intention) Something like this > Post 126,715 or Post 129,918 (follow the links on that post)...
hey @Tekkies
Use ChatGPT and improve TMS_V19 expert advisor to auto-trading robot with Risk:Reward 1:2
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,807
- Oct 20, 2023 8:45am Oct 20, 2023 8:45am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} that's me continuing to twist and pervert Big E legacy since 2012 here !
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,808
- Oct 20, 2023 8:53am Oct 20, 2023 8:53am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
I have abandoned the idea of reading from page 1 to 7190 ( and counting ) , even ChatGPT is not willing to have a look at itbut I created a folder on my Dropbox were I am adding all the useful information I can find about TMS and TMS related EA's etc. When I read the first post of BigE I instantly knew this was a good project to work with and keep this thread alive. Will keep people posted on my findings and share all the profitable solutions I may have. {quote}
ChatGPT can generate this:
==============================================================
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 on to trade their own systems.
Trading Made Simple for beginners : Post#52,707
A short history by pioneer member snarlyjack Post#110
Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,
After months of postings and answering many frequently asked questions FAQs,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011... Post#4432
In Post#1, he explained how he traded the H4 chart timeframe and he also traded the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.
Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.
TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432
The original indicators and template Post#25
When you are overwhelmed (information overload) by the number of posts and the loads of information and variations shared by other traders here, the best thing to do is to stop reading and go back to the basics what Big E mentioned in his 463 posts in this thread and 861 posts in the CHS thread. First you learn and master the 5-Method first before you start add your own tweaks and make a new system.
Recommendations:
Read all of Big E posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.
Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school
If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB / HA candles and use that TDI Red Green version. These are in Post#25.
Important to Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.
Big E was a rules-based discretionary trader. According to studies by Dr Van K Tharp this rule-based discretionary are the best traders,
Enjoy and Have fun during your learning journey...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,809
- Oct 20, 2023 11:20am Oct 20, 2023 11:20am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} @Tekkies post#2617 " get rid of the TDI for higher success " without any lagging TDI, there will be fewer rules ... {image} ...
Brilliant!!
How many lagging indicators have you got now on your charts Vincent?
Have stopped counting at 8 How many candle patterns do you have to remember / understand?
Have stopped counting at 42You post that members must remove TDI/Stoch > Basically ever chart you post got both indicators
Wonder why?You have not made the rules less Vincent, you added more (mostly your own!!!),your charts are cluttered with indicators, buttons, times zones. Experts
Good example > Post 143,801-----
After you have removed TDI, please try and do this over the weekend#6 Important to study TDI entries on old charts, any time frame... Give yourself a chance and trade it like it's laid out...
#11 The key to building confidence is to study old charts... look at the TDI moves and how it looks on PA so every time you see that same set up you will know your odds for success are high
#7593 Study old 4hr charts. LOOK FOR ALL THE TRADES THAT WOULD HAVE BEEN SUCCESSFUL. Now study each one... TDI angle, how close to s/r, 68 coming down or 32 going up, could you get in on candle 1 or 2......
In short Vincent > Stop posting bullshit.
- #143,810
- Oct 20, 2023 11:38am Oct 20, 2023 11:38am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
{quote} "without any lagging TDI, there will be fewer rules" Brilliant!! How many lagging indicators have you got now on your charts Vincent?
In fact, without that absurd lagging TDI, there would be no 5-method at all! So just throw out the baby with the bath water.
To free Gazans of Hamas, use whatever it takes.
- #143,811
- Oct 20, 2023 7:14pm Oct 20, 2023 7:14pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} "without any lagging TDI, there will be fewer rules" Brilliant!! In fact, without that absurd lagging TDI, there would be no 5-method at all! So just throw out the baby with the bath water.
hey @Fake'Dr'Dave
"In fact, without that absurd lagging TDI, there would be no 5-method at all! So just throw out the baby with the bath water."
After so many years trading forex and losing money, you still got it all wrong.
The TDI is lagging but that is not absurd . The reason why it is lagging is because it follows the market price. Price action is leading.
When price reverses as we see in the price action , you must learn to accept that and cut-loss.
Do Not listen to that voice in your head telling you otherwise.
Learn from your failed system TDA with IMT.
Most important is to learn from your failed trades sell GBPUSD
Do Not Hope and Pray for 26 and 39 weeks and minus 2810pips
Learn to read price and Fractals on price chart.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,812
- Oct 20, 2023 7:30pm Oct 20, 2023 7:30pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} "without any lagging TDI, there will be fewer rules" Brilliant!! How many lagging indicators have you got now on your charts Vincent?
hey @Tekkies
I see you still posting bullshit like every other day in this thread.
No problem. I'll reply and provide you answers to help you get out of your failure pit and one day you may recover from that 5,000 trades losses.
"I'm wanting your success any way I can help you... " #4742
But first, you need to start all over again and read the OP posts from post#1 to post#12,912.
Pay attention when you read all posts and at some point you will need to jump back to the old thread and learn the 5-Method where it started. That would be #336
Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...
Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...
In that thread:
Big E developed two trading methods - 5-Method and 21/233 Method Post#3018, Post#4104,
Both methods will work in current market conditions and will help you recover your 5,000 trades losses.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,813
- Oct 20, 2023 7:51pm Oct 20, 2023 7:51pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Its weekend time, time for more read, study and learn .... some testing ...
#4752 June 05, 2011
then July 23,2011
#8703
I'm testing the Daily without the TDI. Just follow #2617 - taking clean trades on clean chart with price action S/U candles and simple rules for entries and exits.
First test results EU Daily
...
#4752 June 05, 2011
Hey Gang, You know I prefer to trade the the 1 & 4hr timeframes.... Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....
#8703
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so...I'll only enter if the candles are medium length or larger... wish me luck ...
First test results EU Daily
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,814
- Oct 20, 2023 8:18pm Oct 20, 2023 8:18pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} //How many candle patterns do you have to remember / understand?
Very good question @Tekkies ask above after more than 7+years posting bullshit in this thread
TMS 5-Method traders need to know only one candle pattern i.e. the setup S/U candle taught by the OP.
The S/U candle is simple and easy to spot on all old charts ... that's looking in your rear-view mirror and see what passed.
#3287
#3288
#3289
#2617
> you do not need any Stoch and TDI
> you will have higher success
> follow simple rules for entries an exits with the S/U candles
My favourite TMS 5-Method setup is this ... Price Action setup
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,815
- Oct 20, 2023 8:34pm Oct 20, 2023 8:34pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} /// You post that members must remove TDI/Stoch > Basically ever chart you post got both indicators
Wonder why?@Tekkies is again posting his daily bullshit in this thread.
hey TMS Folks
It was the same OP who mentioned in his post #2617 . He replied to another member @2scoops. He
He clearly stated that for higher success he had to spend two years to study old charts then get rid of the Stoch and TDI.
I did what he suggested and in year 2018 as project TMS_EVO system development .... I traded live with AUD10,000 and made +94% in 15 months. I posted my result in this thread. >>> {here}
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,816
- Oct 20, 2023 8:44pm Oct 20, 2023 8:44pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} //// Basically ever chart you post got both indicators
You wonder why? Post 143,801 ----
Good I will post more next week and keep you wondering .... so that you can remain deep in your failure pit not learning anything and you can continue post more bullshit in this thread.
Using TMS trading tools developed by other members here to help you learn ...
TMS_V19 EA
> can you see how many S/U candles in the past?
> do you see the most recent reversal? big candle and small candles/...
> do you see the crappy TDI crossed UP and crossed Down ?
> do you see how many S/U candles without Stoch and TDI....
> can you see how many S/U candles with the TDI repainted in the past and they all look perfect !
>
>
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,817
- Oct 21, 2023 6:36pm Oct 21, 2023 6:36pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} @Tekkies You wonder why? Post 143,801 ---- Good I will post more next week and keep you wondering .... so that you can remain deep in your failure pit not learning anything and you can continue post more bullshit in this thread. Using TMS trading tools developed by other members here to help you learn ... TMS_V19 EA > can you see how many S/U candles in the past? > do you see the most recent reversal? big candle and small candles/... > do you see the crappy TDI crossed...
You are using the wrong TDI indicator.
Please use post#25 TDI indicator.
- #143,818
- Oct 21, 2023 7:16pm Oct 21, 2023 7:16pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Meaningless Vincent. You are using the wrong TDI indicator. {image} Please use post#25 TDI indicator.
hey @Tekkies
Your post is meaningless because of your ignorance and stupidity not to see the full picture.
Your intention has become very obvious and that is to mislead others when Big E left a void in this thread.... #76,129
see full picture:
> put two indicators in same sub-window and you can compare both
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,819
- Oct 21, 2023 7:27pm Oct 21, 2023 7:27pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote}// Please use post#25 TDI indicator.
Well you can use post#25 TDI indicator and you will still end up with more Margin Calls
Learn from your own mistakes in your 5,000 trades losses .
and if you use your Holy Grail predictive TDI, it will also end up with more Margin Calls
Too much time is being spent on TDI and Stochastics,
Too little time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #143,820
- Oct 21, 2023 7:47pm Oct 21, 2023 7:47pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Its weekend time, time for more read, study and learn .... some testing ... #4752 June 05, 2011 {quote} then July 23,2011 #8703 {quote} I'm testing the Daily without the TDI. Just follow #2617 - taking clean trades on clean chart with price action S/U candles and simple rules for entries and exits. {image} First test results EU Daily {image} ...
More weekend back-testing after removing the TDI as in the OP' post #2617
AU Daily
GU Daily
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett