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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

  • #74,261
  • Dec 29, 2016 9:32am Dec 29, 2016 9:32am
Quoting bistolis
{quote} hello the 4H chart looks like a consolidation, with room for (maybe) 100pips on your trade. what are your thoughts about this ? {image} thanks
I took this trade knowing I could not expect much of it. Remember, we are during hollidays and no serious institution is trading right now. Therefore, from time to time I take very small 'fun' trades just to test my TMS Skills.

In this case was I am writing I already closed that trade with a modest ( very modest ) profit

Next year, about the third week I will resume my serious trading. As for now, I will not trade anymore this year

Jan
First comes knowledge about yourself, then comes a system...
  • #74,262
  • Dec 29, 2016 9:41am Dec 29, 2016 9:41am
Quoting JanCeulemans
{quote} I took this trade knowing I could not expect much of it. Remember, we are during hollidays and no serious institution is trading right now. Therefore, from time to time I take very small 'fun' trades just to test my TMS Skills. In this case was I am writing I already closed that trade with a modest ( very modest ) profit Next year, about the third week I will resume my serious trading. As for now, I will not trade anymore this year Jan
Jan, I just downloaded the TMS monitor and put into my expert advisor folder. How can I open it? How to use it? Could you refer to a page it was discussed?
Cheers,
Brendan
  • #74,263
  • Dec 29, 2016 9:45am Dec 29, 2016 9:45am
Quoting bmcgowra
{quote} Jan, I just downloaded the TMS monitor and put into my expert advisor folder. How can I open it? How to use it? Could you refer to a page it was discussed? Cheers, Brendan
You will find link to tms monitor thread at bottom of this post: http://www.forexfactory.com/showthre...19#post9381819

best,
N.
  • #74,264
  • Dec 29, 2016 9:53am Dec 29, 2016 9:53am
was just playing with the TL....taken all out
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the cautious seldom err....C
  • #74,265
  • Dec 29, 2016 10:41am Dec 29, 2016 10:41am
re -entered long with a 30 pip stop..Entry taken on the 1 hour ...let's see
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the cautious seldom err....C
  • #74,266
  • Dec 29, 2016 10:46am Dec 29, 2016 10:46am
I saw this opportunity:
EURNZD H4 LONG
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First comes knowledge about yourself, then comes a system...
  • #74,267
  • Dec 29, 2016 10:58am Dec 29, 2016 10:58am
Quoting JanCeulemans
I saw this opportunity: EURNZD H4 LONG {image}
I like this trade.

good luck
  • #74,268
  • Dec 29, 2016 10:58am Dec 29, 2016 10:58am
Hi fellow traders,

Yesterday and today I put TMS on the test bench (that is, I put myself on that bench actualy) and I tested the system for two years using my test environment program.

I applied Eelfranz' guidelines letterly so watching the green line, watching price action, only trade on bar 1 or 2 and only using the 4H charts.

Doing so I managed to grow this test from a $5000 account into $29875 in a timeframe for about 2 years which is an amazing result.
To grow this account I used also the principles of compounding of course.

I made some very interesting observations which I will be happy to share if wanted.
One thing I wanted to tell you right now, that what Eelfranz told us, to study old charts, is really really important and you will benefit from it if you do your homework.

Later more....

Jan
First comes knowledge about yourself, then comes a system...
  • #74,269
  • Dec 29, 2016 11:33am Dec 29, 2016 11:33am
after closing g/cad and leaving a lot of pips on the table, I took this short...and got paid 40 pips...taken on the 1 hour with the "bearishness" seen on H4 .I will be keeping my N/U and E/Y longs and let them brewed o/night...gonna take a break and bbl
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the cautious seldom err....C
  • #74,270
  • Dec 29, 2016 12:24pm Dec 29, 2016 12:24pm
I entered now buying eurnzd and euraud on 4h tf.
Apparently a good set up
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  • #74,271
  • Dec 29, 2016 12:48pm Dec 29, 2016 12:48pm
Quoting JanCeulemans
Hi fellow traders, Yesterday and today I put TMS on the test bench (that is, I put myself on that bench actualy) and I tested the system for two years using my test environment program. I applied Eelfranz' guidelines letterly so watching the green line, watching price action, only trade on bar 1 or 2 and only using the 4H charts. Doing so I managed to grow this test from a $5000 account into $29875 in a timeframe for about 2 years which is an amazing result. To grow this account I used also the principles of compounding of course. I made some very...
Hi Jan - many thanks for that info, very interesting. I can't help wondering what the results might have been for the same period on a 1 hour timeframe as favoured by Phx62 and quite a few others, including if I recall correctly, Eelfranz for the London session. Thanks again for taking the time and trouble to do the backtest and making it available to the TMS community.
  • #74,272
  • Dec 29, 2016 1:11pm Dec 29, 2016 1:11pm
Quoting Tanglewood
{quote} Hi Jan - many thanks for that info, very interesting. I can't help wondering what the results might have been for the same period on a 1 hour timeframe as favoured by Phx62 and quite a few others, including if I recall correctly, Eelfranz for the London session. Thanks again for taking the time and trouble to do the backtest and making it available to the TMS community.
It is my pleasure Tanglewood. It is a way to honor this group and Eelfranz who put so much effort in creating and teaching this method
I do not know wy, but immediately when I discovered TMS it felt comfortable and I understood the concepts in a natural way. Now that does not mean I do not make any mistakes anymore, but they become the exception these days. I am a very happy TMS trader
First comes knowledge about yourself, then comes a system...
  • #74,273
  • Dec 29, 2016 3:57pm Dec 29, 2016 3:57pm
Quoting JanCeulemans
Hi fellow traders, Yesterday and today I put TMS on the test bench (that is, I put myself on that bench actualy) and I tested the system for two years using my test environment program. I applied Eelfranz' guidelines letterly so watching the green line, watching price action, only trade on bar 1 or 2 and only using the 4H charts. Doing so I managed to grow this test from a $5000 account into $29875 in a timeframe for about 2 years which is an amazing result. To grow this account I used also the principles of compounding of course. I made some very...
Are you able to share the results of this test? What is your test environment?

I am currently researching trade simulation software at the moment and want to develop a simulation of tms and test different parameters.

So far my research has taken me to the ForexTester software, which seems to be very good and not that good. But the problem is that you develop on Delphi which is a dead language in my opinion or C++, which is fine, but not my best option.
Thanks
  • #74,274
  • Dec 29, 2016 4:25pm Dec 29, 2016 4:25pm
Quoting fcaldas
{quote} Are you able to share the results of this test? What is your test environment? I am currently researching trade simulation software at the moment and want to develop a simulation of tms and test different parameters. So far my research has taken me to the ForexTester software, which seems to be very good and not that good. But the problem is that you develop on Delphi which is a dead language in my opinion or C++, which is fine, but not my best option. Thanks
I am not sure if this will be helpfull but this image shows my testing environment. After my previous post I played a little further bringing the results up to about 47000 dollar. Now this is the image and I have opened the trading options box for you to examine:
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As for the results, I should have recorded my actions ( will do that soon in a new test) but for now I can only share this from the results in forex tester:
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Forgive me for not being more specific. After holidays I will create a proper video about this.

Jan
First comes knowledge about yourself, then comes a system...
  • #74,275
  • Dec 29, 2016 5:33pm Dec 29, 2016 5:33pm
Quoting JanCeulemans
{quote} I am not sure if this will be helpfull but this image shows my testing environment. After my previous post I played a little further bringing the results up to about 47000 dollar. Now this is the image and I have opened the trading options box for you to examine: {image} As for the results, I should have recorded my actions ( will do that soon in a new test) but for now I can only share this from the results in forex tester: {image} Forgive me for not being more specific. After holidays I will create a proper video about this. Jan
Thank you do much for sharing this! So you are indeed using Forex Tester. Are you developing in Delphi or C++? Or, is there no need for such development as all indicators required by TMS are already available?
Thanks!
  • #74,276
  • Dec 29, 2016 5:35pm Dec 29, 2016 5:35pm
Quoting fcaldas
{quote} Thank you do much for sharing this! So you are indeed using Forex Tester. Are you developing in Delphi or C++? Or, is there no need for such development as all indicators required by TMS are already available? Thanks!
I am not developing anything in Delphi or any other language.

You see, everything I needed, expecialy the TDI (Traders Dynamic Index) was already built in, so I could use it right away
First comes knowledge about yourself, then comes a system...
  • #74,277
  • Dec 29, 2016 5:46pm Dec 29, 2016 5:46pm
Quoting JanCeulemans
{quote} I am not developing anything in Delphi or any other language. You see, everything I needed, expecialy the TDI (Traders Dynamic Index) was already built in, so I could use it right away
Great stuff, thanks again. I will develop my simulation this weekend and share here my results.
  • #74,278
  • Dec 29, 2016 5:47pm Dec 29, 2016 5:47pm
Quoting fcaldas
{quote} Great stuff, thanks again. I will develop my simulation this weekend and share here my results.
Looking forward to it
First comes knowledge about yourself, then comes a system...
  • #74,279
  • Dec 29, 2016 5:59pm Dec 29, 2016 5:59pm
Quoting pips29
entered after confirmation of a swing low...let's see {image}
target hit easily. Always expect the unexpected when trading forex
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the cautious seldom err....C
  • #74,280
  • Dec 29, 2016 9:25pm Dec 29, 2016 9:25pm
Coulf someone kindly guide me through how I can get this tdi set-up on my mt4.

I don't seem to know where the indicator is.

I only use HA and AO but confused on stochastic because of the many periods posted online.

I'd also like to know if MA is of any use.






Quoting eelfranz
Is that possible? Yes. Years ago when I retired I was looking for something to do. I attended a free local presentation about trading FX. My mind said "We can do that and make money too... from the recliner"... so the torture began as happens to all newbies... I bought one sure fire program for $2,300... saving $1,700 off the normal $4,000 price. Man... I'm on my way I thought. It was so difficult to understand and trade that I never made a dime... in fact I lost most of the time. When I called the companyit was all Greek to me... I thought a lot...
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