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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

  • #15,161
  • Jul 11, 2012 10:32am Jul 11, 2012 10:32am
I can not give you the indicators, but this is what I use and their settings.
These are for NinjaTrader only, you will not find them here on FF.

anaPivotsdailyv38
Roundnumbers. Numbers Ending in 00
Priceactionswing. doubletop/bottom strength 15. Swing size 3
EMA´s 20 50 233
anaBarTimer. Audible alert set to true. so I don´t have to watch the chart all day. It will sound an alert near the end of a bar. Use on Hourly & 15 min(optional)
anaTradersDynamicIndexColour. default.
ATR. 7 Put it in panel 1 or 2 set to Overlay
HeikenAshi2v1
Priceline_indicator_V-2. Your choice
Stochastic_Colour. Latest version has audio alert, but I don,t use that.

I also have on my 4 Hr chart
anaPivotsWeeklyV38
anaPivotsMonthlyV38

I transfer the pivot levels for these using the feature in NT as described.
F6 Horizontal line. Single Click Line, select properties. colour and style of your choice. select lock. select "Attach To" "all charts" of the contract displayed.

I use monthly and weekly pivots and take more notice of them than I do the Daily Pivots as these are much stronger areas of Support and Resistance. Put them on a chart and judge for yourselves.
Cut your Losers short and let your Winners run.
  • #15,162
  • Jul 11, 2012 10:47am Jul 11, 2012 10:47am
Quoting binnie
Hi Dee50,
Welcome to the thread. I am happy to see that you trade the Futures. I am a Ninja Trader user and have a passion for 6E /6B & 6A. If you are inclined to share thoughts & support, drop me a Pm and I will send you my email.
Binnie
Thank you for your kind offer, but I am an anti social B´stard. I love Trading because it is a solitary game and I don´t have to interact with other humans, not often, anyway, I am terrible at keeping in contact, even with family.
Cut your Losers short and let your Winners run.
  • #15,163
  • Jul 11, 2012 3:22pm Jul 11, 2012 3:22pm
No worries Dee - I understand fully. Best of trades to you.
Binnie
  • #15,164
  • Jul 12, 2012 4:23am Jul 12, 2012 4:23am
Quoting dee50
Here is a link to explain the stochastics, it is also a good reference site for anything else you are not sure about

http://www.investopedia.com/universi...#axzz20Is95j9M
thanks dee. it's really helping me out.
I just started this method in my demo account.
as big e said, once I got my confident level up, I'll start it on live account.

cheers
  • #15,165
  • Jul 12, 2012 11:58am Jul 12, 2012 11:58am
Hi Folks,

Looks like the majority of posts are moving away from the TMS methodology. If the new approaches are working then stick with it.

Stochastics were dropped from the charts a long time ago.

the 23/233EMA approach is a different set up but is a good tool to add to the armoury.

Mostly 200ema and in some cases 100ema will help you pick up on the dynamic S/R levels and looking for divergence with the TDI is a good early warning of a reversal

Read the postings from Eelfranz / dcginc / phx62 / xman - they have some great posts, but the goal is to get the charts simplified per the attached.

Happy pip hunting
Attached Image (click to enlarge)
Click to Enlarge Name: tms day chart.gif Size: 25 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #15,166
  • Jul 12, 2012 12:46pm Jul 12, 2012 12:46pm
Quoting Britpip7
Hi Folks,

Looks like the majority of posts are moving away from the TMS methodology.

This is sad news to this forum. Britpip has made many contributions in a calm and reliable way over the pages of TMS.

He always maintained the vision of the founder to 'keep it simple.' Really, anyone can make it difficult; it is very challenging to make it simple.

Early on the founder told us he spent two years testing and, we assume, thinning out all the unneeded chart garbage. It is creeping back in here as always seems to happen in a mature forum.

It would be wise for new readers to heed the simplicity of his final post. Nearly all find that just one more filter only leads to paralysis of action and less successful results.

My only additional thought now would be to use the TDI paying attention to PA near possible points of entry, but Eel said this early on. It just isn't repeated often enough.

And Britpip's admonition to trade with the higher TF trend always increases your win ratio.

If Britpip does not return, every reader of this forum is the poorer for it. Still, he made a permanent contribution to any serious reader of these pages.

Thanks to him.
  • #15,167
  • Jul 12, 2012 12:54pm Jul 12, 2012 12:54pm
Inserted Video
  • #15,168
  • Jul 12, 2012 4:18pm Jul 12, 2012 4:18pm
Quoting Britpip7
Hi Folks,

Looks like the majority of posts are moving away from the TMS methodology. If the new approaches are working then stick with it.
Hi,
Is it the new TMS : X-Man's Super Simple System (S3)?

It's TMS based....
  • #15,169
  • Edited 3:25am Jul 13, 2012 3:10am | Edited 3:25am
It's been two months that I use the method of tdi Big E and there are very good signals but also very bad. How is it that no one uses this method? People who have followed this thread went on to something else (x'man cce 2scoops snarlyjack etc.), why?
They did not get during the time has to be positive?

http://cjoint.com/?BGnkuSdzZoY
  • #15,170
  • Jul 13, 2012 8:55am Jul 13, 2012 8:55am
Quoting KumoDragon
Dean the rules are real simple.

1. Green must CROSS red. Green on the other side of red.
2. Angle of green must be 2 or 4 0'clock, flat is no go.
3. When you see that cross there will be a candle.
4. If that candle is the right color you can enter.
5. The candle can only be the first or second candle. (So, for instance if you see a cross long, count the blue candles. If you only count one or two it's a go, any more and don't bother)
6. You enter at the start of the candle.
7. check the stochastics for confirmation of direction.
8. check the how...
I am new to TMS and have read through the replies looking for the video you mentioned which explains how to read the price action of the averaged candles strength. Can you point me to the right place ?
  • #15,171
  • Jul 14, 2012 12:38pm Jul 14, 2012 12:38pm
Quoting thomi
It's been two months that I use the method of tdi Big E and there are very good signals but also very bad. How is it that no one uses this method? People who have followed this thread went on to something else (x'man cce 2scoops snarlyjack etc.), why?
They did not get during the time has to be positive?

http://cjoint.com/?BGnkuSdzZoY
Thomi,

Please do not assume diminishing activity on the forum means no one is using Big E's system, or something quite close to it.

Even over on X-man's forum (327972) it is substantially the same, although more checks have been added to improve entries. I seriously doubt Big E would agree those added things are needed. In large part they just argue to follow the existing higher TF trend, always good advice, which will reduce the counter trend entries, of course.

You might also carefully limit your entries to green crossing red (TDI) ONLY with clock face positions of 12-2 [long obviously] and 4-6 [short]. Both forums would support that. I'm not saying you should, but IF you take counter-trend entries you should more carefully manage those trades since they might not have as much potential, but it sure doesn't mean they will fail.
  • #15,172
  • Jul 15, 2012 10:52am Jul 15, 2012 10:52am
Quoting Britpip7
Hi Folks,

Looks like the majority of posts are moving away from the TMS methodology. If the new approaches are working then stick with it.

Stochastics were dropped from the charts a long time ago.

the 23/233EMA approach is a different set up but is a good tool to add to the armoury.

Mostly 200ema and in some cases 100ema will help you pick up on the dynamic S/R levels and looking for divergence with the TDI is a good early warning of a reversal

Read the postings from Eelfranz / dcginc / phx62 / xman - they have some great posts, but the...
Stay. I am gone, no more nasty charts from me.

I only read the first 10 pages of any thread, after that the thread normally meanders so I was not aware that stochastics had been dropped.
Cut your Losers short and let your Winners run.
  • #15,173
  • Jul 15, 2012 11:05am Jul 15, 2012 11:05am
This weeks trades.

I removed the pivots and the S & R lines that were cluttering up the chart so that you can see the Original TMS method more clearly, you can always look left to see where they are, oh bugger!! look I left an eroneos EMA, never mind pretend it is not there.

Good luck with your trading.

It is not obligatory to blow up an account to become a sucessfull trader, if you do, it really means your Money Management is crap!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: 6E TDI 9 -13 07 2012.png Size: 88 KB
Cut your Losers short and let your Winners run.
  • #15,174
  • Jul 16, 2012 3:30am Jul 16, 2012 3:30am
Could someone tell me where I can find good resources/links/papers/books to go more in depth about the use of Stochastic indi.
I am not a newbie and I am looking for some advance technical topics.

Thank you in advance for your help

ciao

wiz
You control how you trade; the market controls how and when you'll get paid
  • #15,175
  • Jul 16, 2012 8:49pm Jul 16, 2012 8:49pm
FXSwissTrader,

I have been looking at the TDI MTF indicator. I only trade the 4HR (I don't have the time to watch a lower timeframe or "time the entry" so in that case, when I load the inidcator I have the 4H, Daily, and Weekly. The 4 HR light is obvious, but I find the Daily and Weekly are useful and it seems the 4 HR tades work out better.


Questions:

  1. Do you find that the TDI lights repaint?
  2. Do the TDI indicators on the various TF have to lock crossed or will the lights begin to change when green starts touching the red?
  3. Would you recommend a different lower TF light like the 1 HR to filter my 4 HR?

Thanks for your help. BTW - I have read your posts with BritPip7.


Quoting FXSwissTrader
I agree Britpip. You need to keep it simple. What I have found to work best for me is to trade the TDI in the direction of the higher TF for optimal results and better entry. I don't even use stochastics anymore, and find that adding TDI MTF under the normal TDI works best. I'll trade the lower TF in the direction of the 1hr/4hr/daily TDI. You get an earlier signal and ride the wave much longer by using this method. Here is the indie below. I hope we can resurrect this thread. Such valuable information here. Best wishes to BigE. Hope he get's...
Without vision, the people will perish.
  • #15,176
  • Jul 17, 2012 4:25am Jul 17, 2012 4:25am
I took this trade at 10am London time ,GU and UJ . entry was base on TDI rules , Someone care to comment if my entries was right .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uj4h.png Size: 39 KB
Click to Enlarge Name: gu4hr.png Size: 68 KB
  • #15,177
  • Jul 17, 2012 9:11pm Jul 17, 2012 9:11pm
Hi guys,

I tried to use H4 and left it there last night so I can get a good sleep.
It was a good entry setup (I put short on AUD/USD if I'm not wrong), but when I woke up about 7 hours later, it bounced back to the opposite direction. I was wondering if you guys had this kind of situation before? I mean is it normal or it's just my entry setup was wrong?

Ps: Sorry, I didn't save the screen shot this morning, because I need to rush to office
  • #15,178
  • Jul 17, 2012 9:14pm Jul 17, 2012 9:14pm
Btw do you guys use 5 EMA as well?
Did I miss something on the rules and indicators?
I thought the indicators we use are HA, TDI and Stochastic?

Thanks
  • #15,179
  • Jul 18, 2012 3:14am Jul 18, 2012 3:14am
Quoting vleex5
Hi guys,

I tried to use H4 and left it there last night so I can get a good sleep.
It was a good entry setup (I put short on AUD/USD if I'm not wrong), but when I woke up about 7 hours later, it bounced back to the opposite direction. I was wondering if you guys had this kind of situation before? I mean is it normal or it's just my entry setup was wrong?

Ps: Sorry, I didn't save the screen shot this morning, because I need to rush to office
Hi there,

If you want some one to take the time address your issues, you too have to take the time to give full details of what your issue is. Screen shot is what I mean as with out that it not possible to see where you got it wrong.

Just my two pips worth
Born to rule my Economic World and Make a Difference!
  • #15,180
  • Jul 18, 2012 7:29am Jul 18, 2012 7:29am
Quoting sharemaster2
Hi there,

If you want some one to take the time address your issues, you too have to take the time to give full details of what your issue is. Screen shot is what I mean as with out that it not possible to see where you got it wrong.

Just my two pips worth
Hi,

Sure. I will make sure that I got the screen shot next time. thanks
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