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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

  • #145,061
  • Edited 5:42am Jan 5, 2024 5:31am | Edited 5:42am
Quoting iota
{quote} hi @emmanuel7788,The pipware-charts indicator made my computer CPU explode, I changed my charts, I opened a new MT4, this is much better, not stuck at all{image}
hi @iota

I hope when your CPU exploded and you are safe to continue trading with your PC and made more money.

For those with CPU exploding problem, you do not have to use the pipware chart by @stratman.

You can consider to use other MT4 tools by FF most distinguished member @Ferrufx

Below is an example of a template some older members here have setup and shared before.
> instead of the custom TDI, you can use the MACD (2,13,7) setting to replicate the TDI.

> keep the original Price Action Channel PAC in the old thread.


Attached Image (click to enlarge)
Click to Enlarge Name: GU Jan05 FerruFX chart 5-1-2024 7-19-32 pm.png Size: 39 KB

You can download the MT4 tools by @Ferrufx link below:

https://www.forexfactory.com/thread/...ard-indicators?

Lots of features and options and you can have alert functions in different timeframes too all on one single chart. You cannot have these in your small mobile phone.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,062
  • Jan 5, 2024 5:45am Jan 5, 2024 5:45am
Quoting emmanuel7788
{quote} hi @iota I hope when your CPU exploded and you are safe to continue trading with your PC and made more money. For those with CPU exploding problem, you do not have to use the pipware chart by @stratman. You can consider to use other MT4 tools by FF most distinguished member @Ferrufx Below is an example of a template some older members here have setup and shared before. > instead of the custom TDI, you can use the MACD (2,13,7) setting to replicate the TDI. > keep the original Price Action Channel PAC in the old thread. {image} You can download...

Examples of M5 alerts using FerruFX indicators

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,063
  • Jan 5, 2024 7:04am Jan 5, 2024 7:04am
Quoting tommydoginti
{quote} Hi Iota, I am from Hong Kong, just travelling to Japan for vacation. Next week will be skiing. After waiting for 2 days the Mount Aso volcano is finally open to walk on! {image} Simply follow BigE’s TMS method. It is simple enough to set up charts on your mobile and trade when you are travelling and have some free time. trade well. {image} {image} {image}
Inquiry on how BigE’s Price Action in post #647 confirms the TDI signals to form a valid TMS setup.

It can be trend following by the standard HHHL/LHLL formation and wait for TDI signal in the trend direction.
Or wait for price to retest previous highs and lows where the “last reversal” was a LL/HH swing.

All trades are triggered by TDI signals.

example on USDCHF.

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  • #145,064
  • Jan 5, 2024 7:14am Jan 5, 2024 7:14am
Quoting eelfranz
vbmark - Question: Do you confirm with other time frames... NO Do I refresh my TDI - NO Could too many people be using this method - NO I trade it simple and stress free... not adding anything else to the rules. Sometimes I add the 100 lines to my chart because they draw PA like a magnet and it makes it easy for me to see where PA is going to go most of the time. I trade the US Open first 2-3 hours on the 1 hr charts and then pretty much don't trade again until 10pm my time (2 hours before the London Open)...
Some days I don't trade like Sunday or Friday

Its NFP day ... do not trade Friday

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,065
  • Jan 5, 2024 7:16am Jan 5, 2024 7:16am
Quoting emmanuel7788
{quote} Some days I don't trade like Sunday or Friday Its NFP day ... do not trade Friday {image} ...

USDCJF Jan 05 4Hr

- NFP in this 4Hr trade window

- wait 15 minutes after the spike


Attached Image (click to enlarge)
Click to Enlarge Name: UsdChf Jan05 4Hr before NFP 5-1-2024 9-15-08 pm.png Size: 24 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,066
  • Jan 5, 2024 7:20am Jan 5, 2024 7:20am
Quoting emmanuel7788
{quote} USDCJF Jan 05 4Hr - NFP in this 4Hr trade window - wait 15 minutes after the spike {image} ...

USDCHF Jan 05 TMS_V19 EA Information

- note the swing low .... etc.

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Click to Enlarge Name: UsdChf Jan05 V19 pre-NFP 5-1-2024 9-17-57 pm.png Size: 44 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,067
  • Jan 5, 2024 8:06am Jan 5, 2024 8:06am
Quoting emmanuel7788
{quote} USDCHF Jan 05 TMS_V19 EA Information - note the swing low .... etc. {image}

Attached Image (click to enlarge)
Click to Enlarge Name: UsdChf Jan05 V19 pre-NFP 5-1-2024 9-17-57 pm.png Size: 44 KB



...

USDCHF Jan05 4Hr

- Price Action ... NFP spike up and pulled back and closed Doji

- TDI flat


Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Jan05 H4 TDI flat 5-1-2024 10-01-47 pm.png Size: 45 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,068
  • Jan 5, 2024 8:11am Jan 5, 2024 8:11am
Quoting emmanuel7788
{quote}[/color][/size] One of my top five(5) Price Action setup with post #647 and ou do not need any TDI , GU Jan 05 H1 BEEOB - use TMS-II entries and exits {image}


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Click to Enlarge Name: GU Jan05 H1 BEEOB 5-1-2024 6-10-44 pm.png Size: 28 KB



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GU Jan 05 TMS-II trades closed

+10pips
+25pips
+50pips

> thanks to NFP pro-USD

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Click to Enlarge Name: GU Jan05 TMS-II trades closed 5-1-2024 10-05-40 pm.png Size: 27 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,069
  • Jan 5, 2024 9:27am Jan 5, 2024 9:27am
Quoting tommydoginti
{quote} Hi Iota, I am from Hong Kong, just travelling to Japan for vacation. Next week will be skiing. After waiting for 2 days the Mount Aso volcano is finally open to walk on! {image} Simply follow BigE’s TMS method. It is simple enough to set up charts on your mobile and trade when you are travelling and have some free time. trade well. {image} {image} {image}
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Follow up on GU.

Price Action indicates change of price movement direction followed by TDI signals

good night and green pips to all

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  • #145,070
  • Jan 5, 2024 9:29am Jan 5, 2024 9:29am
Quoting emmanuel7788
{quote} GU Jan 05 TMS-II trades closed +10pips +25pips +50pips > thanks to NFP pro-USD {image} ... {image}
I buy EU and close my oeder,Next week, if short need to wait for a good time. It's not every day
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My English is not good, sometimes I say the wrong thing, please forgive me!
  • #145,071
  • Edited 3:26pm Jan 5, 2024 3:06pm | Edited 3:26pm
Is there a TDI that sends notification to the cell phone when the green line crosses the red line? The indicators I found are not working
  • #145,072
  • Jan 5, 2024 6:07pm Jan 5, 2024 6:07pm
Quoting romulorios
Is there a TDI that sends notification to the cell phone when the green line crosses the red line? The indicators I found are not working
Hi Romulorios,

I use Trading View app for checking charts with mobile phone, then execute trade with MT4 app.

You can pick any TDI shared indicators on TradingView for free and set up the green and red lines.

TradingView allows you to set alerts on computer or phone, so I can set up alerts with my phone when I am travelling without a computer.

Trade well

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  • #145,073
  • Jan 5, 2024 6:26pm Jan 5, 2024 6:26pm
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
  • #145,074
  • Jan 5, 2024 6:35pm Jan 5, 2024 6:35pm
Quoting emmanuel7788
{quote} GU Jan 05 TMS-II trades closed +10pips +25pips +50pips > thanks to NFP pro-USD {image} ...

Attached Image (click to enlarge)
Click to Enlarge Name: GU Jan05 TMS-II trades closed 5-1-2024 10-05-40 pm.png Size: 27 KB




{image}

After closing my TMS-II trades I stopped trading.

Only the advanced experienced 5-Method traders will know why on this chart.

Attached Image (click to enlarge)
Click to Enlarge Name: GU m15 post-NFP 6-1-2024 8-01-57 am.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,075
  • Jan 5, 2024 6:40pm Jan 5, 2024 6:40pm
Quoting romulorios
Is there a TDI that sends notification to the cell phone when the green line crosses the red line? The indicators I found are not working

@romulorios

How many forex pairs do you monitor ?

With MT4 mobile running , you will get the notifications from the MT4 applications.

I think your problem is in your MT4 mobile settings.



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,076
  • Jan 5, 2024 7:03pm Jan 5, 2024 7:03pm
Quoting iota
{quote} I buy EU and close my oeder,Next week, if short need to wait for a good time. It's not every day {image}{image}
Nice trade Iota.

BigE’s TMS method is to pick the TDI signals confirmed by Price Action. The entries itself has >65% accuracy (statistics with >1600 setups). With proper trade management you can get very good win rate.

TMS entry accuracy: #144,836, #144,853

trade well

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====
Trading Made Simple 3 year summary
___________________
TMS Method rules: #144535
Performance track on an account (~950 trades / TMS setups): #144517 #129706, #144,852
TMS entry accuracy: #144,836, #144,853
__________________
  • #145,077
  • Jan 5, 2024 7:18pm Jan 5, 2024 7:18pm
Quoting iota
{quote} I buy EU and close my oeder,Next week, if short need to wait for a good time. It's not every day {image}{image}

@iota

I closed my sell trades at the NFP half hour and no more trading after that.

Next week will resume to full speed with day-trading and swing trading ... TMS-II, TMS MEME and TMS_EVO_IX.


Attached Image (click to enlarge)
Click to Enlarge Name: EU Jan05 H1 trades closed 6-1-2024 9-16-21 am.png Size: 20 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,078
  • Jan 5, 2024 7:43pm Jan 5, 2024 7:43pm
Quoting eelfranz
Alright all you party animals trying to recover from last night... or longer... Last couple of pages has covered many different topics... well, touched base anyway.... 2scoops... on post 2594... 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...

Can you trade without the TDI?

YES, said the OP of this thread in his post #2617 above.

He said the same in his old thread where the 5-Method started.

You need to first learn and master the 5-Method with lots of realtime live market trades , then you can remove the TDI.

#3408
Quoting eelfranz
bythepound... The 5 method is my favorite because more trades come along. 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.

#3103
Quoting eelfranz
Chims... 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.

#3418
Quoting eelfranz
The 4 Hr., USD/CAD trade is up to 91 pips profit now... 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.
....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,079
  • Jan 5, 2024 8:04pm Jan 5, 2024 8:04pm
Quoting emmanuel7788
{quote} I read what you wrote in your post above and I know from my last 22 years experience you still have quite a long way to go. Do you have this already? {image} You need a mentor and coach to help you get started. Working with a small group of active traders and develop three systems as a start. Why three systems? - system#1 for Trending Market Type - system#2 for Sideways Wide-Range Market Type - system#3 for Sideways Narrow-Range Market Type Big E shared his trading methodology ... his 5-Method. That...
Quoting emmanuel7788
{quote} #141,766 System Development TMS_EVO 2024/2025/2026 (no new name at this moment ...maybe "TMS_PlanIX") and I will start live forward testing from Sep to Dec 2023. >>> live testing results coming up soon ...
Announcement January 2024

I have decided to name the new system ... TMS_EVO_IX.

So far, the live trading results has been good and much better than TMS MEME.

TMS_EVO_IX development is based on the previous 2018 version TMS_EVO which is trading a single currency pair with $10,000 deposit.
TMS_EVO_IX will trade multi-pair currencies and also include Crypto BitCoin and Indices DOW, S&P500 and NASDAQ.

You will find the TMS EVO trading results in this thread link > {here } +94% in 15 months.


TMS_EVO_2024/2025/2026 results so far as of Jan 05 New York Close


Attached Image (click to enlarge)
Click to Enlarge Name: TMS_EVO_2024-2025-2026 Sep 2023 to Jan 05 2024 6-1-2024 9-46-03 am.png Size: 24 KB



Stay Tuned for detailed statistics to be published with Myfxbook soon.



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,080
  • Jan 5, 2024 10:49pm Jan 5, 2024 10:49pm
Quoting emmanuel7788
{quote} I read what you wrote in your post above and I know from my last 22 years experience you still have quite a long way to go. Do you have this already? {image} You need a mentor and coach to help you get started. Working with a small group of active traders and develop three systems as a start. Why three systems? - system#1 for Trending Market Type - system#2 for Sideways Wide-Range Market Type - system#3 for Sideways Narrow-Range Market Type Big E shared his trading methodology ... his 5-Method. That was my core trading methodology for all...
It's good to see what you've gained，This year I will also gradually improve my system, if trading sideways, I have no good plan
My English is not good, sometimes I say the wrong thing, please forgive me!
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