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Trading Made Simple

  • #145,821
  • Feb 27, 2024 10:47am Feb 27, 2024 10:47am
Quoting tommydoginti
{quote} Thank you for sharing your strategy. For the 2 TDI signals you pointed out, they are not TMS setups. Just refer to post #647 TMS price actions 1. HHHL uptrend formation, it should be BUYING 2. Selling from previous high, not buying Good you use plane and car to explain your view. Then you know a good vehicle design is every tool has their own unique role. If your system often provide contradicting signals of the same aspect, that means you have room to simplify and improve your system by removing redundant parts. Also you should focus on...
As I said to Emmanuel, I don't care who the fake teacher is or who the real teacher is, that also applies to whose technique.
I prefer to be myself by adopting other people's techniques that are tailored to myself
and my strategy is not TMS but I use TDI in my own way

And this is just an example of a TDI tailored to my style
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  • #145,822
  • Feb 27, 2024 11:13am Feb 27, 2024 11:13am
Don't follow my madness, because I like to be blind if the signal is like this
1.TDI above Zero
2.3 of different TF RSI above the center line
3.Price above CCI cloud
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when blindly the total orders can reach 3000-4000 orders in several rounds
with a maximum open order of 1000 orders in 1 round
  • #145,823
  • Feb 27, 2024 4:25pm Feb 27, 2024 4:25pm
Scalping system “10 points”
Recommended timeframes M1

This trading strategy is used on the chart with the period M1. We add MACD Oscillator with the settings (13, 26 and 9) and Stochastic Oscillator the settings (5, 3 and 3), which will be used as indicators. The best time periods for trading with the use of this strategy is European and American sessions. It is preferable to choose currency pairs with the medium or high volatility (currency pair of the Major group are quite suitable).

After adjusting the chart and adding required indicators, follow the instructions below to open trading positions:

The following conditions can be used as a signal for opening long positions:
- the lines of MACD histogram are in the positive zone above the zero level;
- after the decline below the level 20, Stochastic Oscillator (the line %К or %D) has risen above this level.

Stop loss is set at the distance of one point below the nearest local low.
Take profit is set at the level of 10 points from the opening price.

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Fig. 1


A candlestick, which is marked on the chart with the period M1 meets the requirements for opening long positions (Fig1).

The following conditions can be used as a signal for opening short positions:
- the lines of MACD histogram are in the negative zone below the zero level;
- after the rise above the level 80 in the overbought zone, Stochastic Oscillator (the line %К or %D) fell below this level.
Stop loss is set at the distance of one point above the nearest local high.

Take profit is set at the level of 10 points from the opening price.

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Fig. 2
A candlestick, which is marked on the chart with the period M1 meets the requirements for opening short positions (Fig2).
Open your CopyTrade account now : https://bit.ly/copy4x
  • #145,824
  • Feb 27, 2024 6:09pm Feb 27, 2024 6:09pm
Strategy with the use of Bollinger Bands indicator for the currency pair GBP/JPY
Recommended timeframes M1

This strategy is based on the use of the technical indicator Bollinger bands with different periods of deviation in the settings on the chart with the period M1 for the currency pair GBP/JPY. The best trading time period with the use of this strategy is London, European or American session. Choose deviation of 2, 3 and 4 for each band in the settings of the indicator.

As soon as the chart is set for the trading position, we will follow the following instructions:

The conditions described below and shown on Fig.1 will act as a signal to open long positions (Fig 1):

- The price has reached the bottom line of the indicator with the deviation 2 (red line of the indicator on the fig.), or the price is traded between the lines of the indicator with the deviation of 2 and 3 (red and blue lines on the fig.)

Stop Loss is set 2 points below the nearest low of price or upon your own discretion.

Take Profit is set 15 points above the opening price or upon your own discretion.
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Fig.1 On the chart with the period M1 marked signals for opening long positions satisfy the conditions of the trading strategy
The conditions described below and shown on Fig.2 will act as a signal to open short positions (Fig 2):

- The price has reached the upper line of the indicator with the deviation 2 (red line of the indicator on the fig.), or the price is traded between the upper lines of the indicator with the deviation of 2 and 3 (red and blue lines on the fig.)

Stop Loss is set 2 points above the nearest high of price or upon your own discretion.

Take Profit is set 15 points below the opening price or upon your own discretion.

Attached Image (click to enlarge)
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Fig.2 On the chart with the period M1 marked signals for opening short positions satisfy the conditions of the trading strategy
Open your CopyTrade account now : https://bit.ly/copy4x
  • #145,825
  • Feb 27, 2024 6:28pm Feb 27, 2024 6:28pm
Quoting tommydoginti
{quote} {image} TMS setups at GU tight range. Until the previous low and high are broken, price retests at those levels would expect a rejection with TMS setup. TDI cross signals for entry {image}
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Update on GU

Range is small but the price action is still the same. With TMS method, enter at TDI cross signals with confirmation of #647 price action.

previous highs and lows
trend
rejection

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  • #145,826
  • Feb 27, 2024 6:45pm Feb 27, 2024 6:45pm
Quoting tommydoginti
{quote} +100% in 156 trades. This time, only 1 position per TMS setup. And all on GU. TMS method rules with TDI cross entries and price action in post #647 {image} {image} {image} ==== Trading Made Simple 3 year summary ___________________ TMS Method rules: #144535 Performance track on an account (~950 trades / TMS setups): #144517 #129706,...
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Got inquiry on account management

For each trade, I aim at <1% risk per trade.
SL is moved to BE+ when price reaches a previous high/low with 1:1 or more. That is also one criteria to whether enter a trade should a TMS setup forms. Another is volatility (range).

The way is 1 trade per TMS setup.
Some trades this week which I posted here with charts.

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  • #145,827
  • Feb 27, 2024 6:46pm Feb 27, 2024 6:46pm
Quoting tommydoginti
{quote} {image} Update on GU Range is small but the price action is still the same. With TMS method, enter at TDI cross signals with confirmation of #647 price action. previous highs and lows trend rejection {image}

Hey TMS Folks

Don't waste time analyzing low timeframe charts.
Big E' TMS 5-Method work only when the market is wide range and trending. In narrow range market you won't get any +5R to +9R trades.

GU Weekly chart show narrow range for weeks.

Use an expert advisor EA and trade automatically when the Weekly is narrow range.

While we wait for the Weekly to start trending again, we make some money with EA trading.

+480% in 4 to 5 weeks is good pocket money.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,828
  • Feb 27, 2024 7:13pm Feb 27, 2024 7:13pm
Hi!

sorry i'm so lost in this thread, may i know which post to setup for mt4?
  • #145,829
  • Feb 27, 2024 7:32pm Feb 27, 2024 7:32pm
Quoting kokann
Hi! sorry i'm so lost in this thread, may i know which post to setup for mt4?

Safe to start at Page1 Post#1 and slowly work your way to Page646 post #12,912

You wont regret it because you need to find your way to the OP' 5-Method.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,830
  • Feb 27, 2024 9:36pm Feb 27, 2024 9:36pm
Quoting Darwati
{quote} As I said to Emmanuel, I don't care who the fake teacher is or who the real teacher is, that also applies to whose technique. I prefer to be myself by adopting other people's techniques that are tailored to myself and my strategy is not TMS but I use TDI in my own way And this is just an example of a TDI tailored to my style {image}
It is up to you on what strategy to use.

My suggestion was use BigE’s TMS price action in post #647 to help you find out where to trade based on previous highs and lows.

When price in range (previous highs and lows are retested and rejected), sell at range high and buy at range low. In between just follow HHHL/LHLL.

When level is broken, either look for retest rejection to a new trend, or break back in to redefine the range (a fakeout). It is all based on previous highs and lows and works on all timeframes of your choice to trade. Also it can be coded FYI.

trade well

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  • #145,831
  • Feb 27, 2024 9:39pm Feb 27, 2024 9:39pm
Quoting kokann
Hi! sorry i'm so lost in this thread, may i know which post to setup for mt4?
You can download the indicators from post #25 by BigE.

For the details of TDI green and red lines in post #25 and setting up on other platforms, you can refer to post #130851

https://www.forexfactory.com/thread/post/13972959#post13972959
  • #145,832
  • Feb 28, 2024 1:03am Feb 28, 2024 1:03am
Buy USD/CHF

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  • #145,833
  • Feb 28, 2024 6:10am Feb 28, 2024 6:10am
Hello,

I wondered if there was a recomended TDI and or APB's to use on Trading View?

Thanks

Adam
  • #145,834
  • Feb 28, 2024 6:27am Feb 28, 2024 6:27am
Quoting adamjhdavis
Hello, I wondered if there was a recomended TDI and or APB's to use on Trading View? Thanks Adam
hi @adamjhdavis,

it is more than 10 years since ....

why do you want to spend more time with the crap TDI when the OP had said you can trade his 5-Method without the TDI?

According to Big E posts, you can trade his 5-Method without the TDI.

read his posts:

#3044Jan 20, 2011

#3103Jan 26, 2011

#3418Feb 12, 2011

#2617May 16, 2011

I develop several systems over the years using Big E' 5-Method as the core trading methodology.

my systems are Money Management based and to trade in different Market Types conditions:

1) TMS-II 2012
2) TMS MEME 2015 to 2017
3) TMS EVO 2018 to 2020
4) TMS MEME EVO 2020 to 2022
5) TMS EVO Advance 2.0 currently under live forward testing

TMS EVO system trading is basically the original 5-Method without the TDI
TMS EVO was tested live in 2018 for the first time and the results was quite good just trading one pair EURUSD

Trade Explorer was posted in this thread:
https://www.forexfactory.com/thread/...0#post11834080

TMS_EVO_IX Feb 2024

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,835
  • Feb 28, 2024 6:49am Feb 28, 2024 6:49am
Quoting emmanuel7788
{quote} hi @adamjhdavis, it is more than 10 years since .... why do you want to spend more time with the crap TDI when the OP had said you can trade his 5-Method without the TDI? According to Big E posts, you can trade his 5-Method without the TDI. read his posts: #3044Jan 20, 2011 #3103Jan 26, 2011 #3418Feb 12,...
Thank you Emmanuel,

I'll study what you have suggested.

What about APB, can these be added on a trading view chart or only MT4/5?

I want to trade 4 hour charts
  • #145,836
  • Feb 28, 2024 9:16am Feb 28, 2024 9:16am
Quoting emmanuel7788
{quote} hi @adamjhdavis, it is more than 10 years since .... why do you want to spend more time with the crap TDI when the OP had said you can trade his 5-Method without the TDI? According to Big E posts, you can trade his 5-Method without the TDI. read his posts: #3044Jan 20, 2011 #3103Jan 26, 2011 #3418Feb 12,...
Is it you or Big-E who is inconsistent?
I don't care about that, but I'm interested in anyone's technique that includes RSI and Moving Average indicators
Because for me RSI and MA are the mother of all indicators
TDI uses RSI & MA
Heiken Ashi uses MA
I would definitely ignore anyone's technique that doesn't use RSI and MA

Big E wrote that (as you post) when this Thread (Trading Made Simple) wasn't created yet
when he created this thread, April 25, 2011 and last edited August 19, 2011 #Post 1

He said this:
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The point is don't be fanatical about someone
But use techniques that you might admire, and adapt them to yourself
Be yourself, find your own trading style from the experience you gain
  • #145,837
  • Feb 28, 2024 9:58am Feb 28, 2024 9:58am
Quoting Darwati
Don't follow my madness, because I like to be blind if the signal is like this 1.TDI above Zero 2.3 of different TF RSI above the center line 3.Price above CCI cloud {image} when blindly the total orders can reach 3000-4000 orders in several rounds with a maximum open order of 1000 orders in 1 round
hey boss this looks very interesting. Can I get the template to test it out? Thanks in advance!
  • #145,838
  • Feb 28, 2024 10:04am Feb 28, 2024 10:04am
Quoting adamjhdavis
Hello, I wondered if there was a recomended TDI and or APB's to use on Trading View? Thanks Adam
Hi Adamjhdavis

For setting up the TMS charts on TMS, you can refer to the post #140851. There I explained the setting of the TMS indicators and how to set them up on MT4 and TradingView.

trade well

https://www.forexfactory.com/thread/...9#post13972959
  • #145,839
  • Feb 28, 2024 10:13am Feb 28, 2024 10:13am
Quoting tommydoginti
{quote} BigE’s TMS method with his favourite setup of TDI cross back from 32/68 level. {image}
Answer to inquiry on how to apply BigE’s favourite TDI retrace from 32/68 levels.

Firstly, the suggestion is to trade the TMS setups when a trend is established properly. It can be combined with 32/68 levels
Exit can also be dependent on TDI at 32/68 level in addition of other factors mentioned by BigE, such as previous highs and lows and TDI flat/hook


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  • #145,840
  • Feb 28, 2024 6:14pm Feb 28, 2024 6:14pm
Quoting Darwati
{quote} Is it you or Big-E who is inconsistent? I don't care about that, but I'm interested in anyone's technique that includes RSI and Moving Average indicators Because for me RSI and MA are the mother of all indicators TDI uses RSI & MA Heiken Ashi uses MA I would definitely ignore anyone's technique that doesn't use RSI and MA Big E wrote that (as you post) when this Thread (Trading Made Simple) wasn't created yet when he created this thread, April 25, 2011 and last edited August 19, 2011 #Post...

I really don't care what you post in this thread.

All I care about is all the OP's post in Forex Factory and to learn from his trading journey as a forex newbie starting in 2006 till his last post #12,912 in this thread.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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