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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #147,821
  • Aug 27, 2024 4:50am Aug 27, 2024 4:50am
Quoting emmanuel7788
{quote} You can add any of those tdi to the basic 5-Method chart like this one below. Basic TMS 5-Method chart with candlesticks, and - 5EMA, Typical Price, Shift+2 - Stochastics (8,3,3) You will make money everyday with the Stoch ... post #296 you add these: 1) Heiken Ashi 2) any tdi indicator you have {image} ...
noted brother thank you! Gonna try it now
  • #147,822
  • Aug 27, 2024 5:05am Aug 27, 2024 5:05am
Quoting emmanuel7788
{quote} You can add any of those tdi to the basic 5-Method chart like this one below. Basic TMS 5-Method chart with candlesticks, and - 5EMA, Typical Price, Shift+2 - Stochastics (8,3,3) You will make money everyday with the Stoch ... post #296 you add these: 1) Heiken Ashi 2) any tdi indicator you have {image} ...
brother what setting of tdi should i put here

additional question brother what do you mean typical price, shift +2 is this the setting for ema?
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  • #147,823
  • Aug 27, 2024 7:16am Aug 27, 2024 7:16am
Quoting emmanuel7788
{quote} Both are good 1Hr trades on Friday. What did the OP said about trading on Fridays? I would close all my intraday trades by the time the London markets closes and also avoid any US news on Fridays. Your trade plan must include your Exit Strategy following the same simple rules for Entries and Exits... post #2617. An at the same time, you also need to take into consideration your Money Management Strategy trade performance targets - maximum Daily Loss and 10-days Loss,...
"Are you still using this method?
  • #147,824
  • Aug 27, 2024 5:02pm Aug 27, 2024 5:02pm
Hi guys,
Did OP trade gold XAU at all?
  • #147,825
  • Aug 27, 2024 7:26pm Aug 27, 2024 7:26pm
Quoting bigjjnem
Hi guys, Did OP trade gold XAU at all?
YES...

Today Aug28 would be easy,

the challenge would be finding a setup with small Stop Loss and make a +5R profit.

Top Down Analysis - Weekly, Daily and 4Hr

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,826
  • Aug 27, 2024 7:40pm Aug 27, 2024 7:40pm
Reply to PM:

From a member who live the CEST time zone and work during the London market session, and can only trade from 5pm his local time.

Big E has the answer in his post #4752 below:


Quoting eelfranz
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....
TMS 5-Method 8 currency pairs...

you find a trending pair and setup, place your trades before you go to bed...

August 28, Daily Tokyo 9am.

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> you can also consider running an expert advisor and let it manage your trades.

> you can consider using Blessing3 to trade for you.

https://www.forexfactory.com/thread/...a-and-setfiles


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,827
  • Aug 27, 2024 7:59pm Aug 27, 2024 7:59pm
Quoting Khuedz
{quote} "Are you still using this method?

YES.

I am still trading the same OP' 5-Method ... and I developed several systems with different Money Management strategies.

The current system is TMS_EVO_IX and you can follow my trade report in this thread.

July 2024 TMS_EVO_IX ,

https://www.forexfactory.com/thread/...2#post14954142
https://www.forexfactory.com/thread/...7#post14954147


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I will post my August month-end closing after this Friday market close.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,828
  • Aug 27, 2024 8:07pm Aug 27, 2024 8:07pm
Quoting tapikotakupe
{quote}brother what setting of tdi should i put here additional question brother what do you mean typical price, shift +2 is this the setting for ema? {image} {image}

You will find the OP's settings in his post#3018
https://www.forexfactory.com/thread/...44#post4305744

Please post your TradingView charts with that TDI version you got, I will explain the Price Action according to posts #261 and #647,

the PA setups which will work with your chart templates. I am confident your TradingView chart template will work with any of those settings when you can trade the 5-Method with or without any indicators.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,829
  • Aug 27, 2024 8:26pm Aug 27, 2024 8:26pm
Hi Em,

What do you think about this trade? Was it a bad set up?
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  • #147,830
  • Aug 27, 2024 8:45pm Aug 27, 2024 8:45pm
Quoting bigjjnem
Hi Em, What do you think about this trade? Was it a bad set up? {image}

I dont see any potential for a +5R sell trade at this moment.

https://www.forexfactory.com/thread/...7#post14978007

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,831
  • Aug 27, 2024 8:51pm Aug 27, 2024 8:51pm
Quoting emmanuel7788
{quote} I dont see any potential for a +5R sell trade at this moment. https://www.forexfactory.com/thread/...7#post14978007 ...
Sorry Em. I meant the trade hit stoploss. As I saw, tdi cross, stochastic moving up from 20, PA was above ema as well. Not sure if I missed something or it was just one of those loses.
  • #147,832
  • Aug 27, 2024 9:18pm Aug 27, 2024 9:18pm
Quoting emmanuel7788
{quote} You will find the OP's settings in his post#3018 https://www.forexfactory.com/thread/...44#post4305744 Please post your TradingView charts with that TDI version you got, I will explain the Price Action according to posts #261 and #647, the PA setups which will work with your chart templates. I am confident...
here brother is this good setting?
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  • #147,833
  • Aug 28, 2024 1:15am Aug 28, 2024 1:15am
Quoting emmanuel7788
{quote} You will find the OP's settings in his post#3018 https://www.forexfactory.com/thread/...44#post4305744 Please post your TradingView charts with that TDI version you got, I will explain the Price Action according to posts #261 and #647, the PA setups which will work with your chart templates. I am confident...
you are using 5method brother? he says in the link you share he was using it to 5mins timeframe
  • #147,834
  • Aug 28, 2024 1:29am Aug 28, 2024 1:29am
I have analized this screenshot in details and have question.
Why candle in first from he left rectangle is not trade setup if candle in second rectangle is marked by OP as entry setup?
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  • #147,835
  • Aug 28, 2024 10:12am Aug 28, 2024 10:12am
Could someone provide a straightforward and grammatically correct Synergy APB OHLC formula? I’m coding it for TradingView. I’ve searched online, but I couldn’t find the actual formula. I am doing this because I want to check charts on the go, since I have a day job and can’t carry my PC. I am condensing the indicator to just 2 indicators, so that anyone even with free TradingView plan can see the 5 METHOD on TradingView.

Best regards
I will upload code when completed.
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strip things naked
  • #147,836
  • Aug 28, 2024 7:38pm Aug 28, 2024 7:38pm
Quoting iwan73
I have analized this screenshot in details and have question. Why candle in first from he left rectangle is not trade setup if candle in second rectangle is marked by OP as entry setup? {image}

... that's quite obvious at that time in the old thread
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,837
  • Aug 28, 2024 7:52pm Aug 28, 2024 7:52pm
Quoting tapikotakupe
{quote} you are using 5method brother? he says in the link you share he was using it to 5mins timeframe

did you read all his 5-Method posts in the old thread?

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,838
  • Edited 8:44pm Aug 28, 2024 8:24pm | Edited 8:44pm
Quoting anjanbabu
Could someone provide a straightforward and grammatically correct Synergy APB OHLC formula? I’m coding it for TradingView. I’ve searched online, but I couldn’t find the actual formula. I am doing this because I want to check charts on the go, since I have a day job and can’t carry my PC. I am condensing the indicator to just 2 indicators, so that anyone even with free TradingView plan can see the 5 METHOD on TradingView. Best regards I will upload code when completed. {image} {image}

for the APB Close, you take the average of sum of the HeikenAshi Close + current Close.

APB Close= {HeikenAshi Close + Close(0)}/2


example MT4 chart APB compare HA candles

Attached Image (click to enlarge)
Click to Enlarge Name: GJ HA vs APB 29-8-2024 9-23-35 am.png Size: 16 KB


Edit,
To see better the price OHLC and the Heiken Ashi and APB candles,


Attached Image (click to enlarge)
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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,839
  • Aug 28, 2024 8:36pm Aug 28, 2024 8:36pm
Quoting bigjjnem
{quote} Sorry Em. I meant the trade hit stoploss. As I saw, tdi cross, stochastic moving up from 20, PA was above ema as well. Not sure if I missed something or it was just one of those loses.

I am sorry I was looking at the current setup.

That previous setup looks okay except the recent swing highs/swing lows ... were bearish.

Some of these trade setup will end up losers. Just accept that as 50%. This happens a lot in sideways ranging market conditions.

You need to follow through the next setup and recover any loss trade minus 1R with +3R trades.

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When the market is wide range and trending, then that is when we hit those +9R to +12R trades and make our money.


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,840
  • Edited 9:08pm Aug 28, 2024 8:58pm | Edited 9:08pm
Quoting emmanuel7788
{quote} I am sorry I was looking at the current setup. That previous setup looks okay except the recent swing highs/swing lows ... were bearish. Some of these trade setup will end up losers. Just accept that as 50%. This happens a lot in sideways ranging market conditions. You need to follow through the next setup and recover any loss trade minus 1R with +3R trades. {image} When the market is wide range and trending, then that is when we hit those +9R to +12R trades and make our money. ...
Master, could you show us examples of charts where the +9R to +12R targets tend to be reached?
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