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Trading Made Simple

  • #75,041
  • Jan 25, 2017 9:50am Jan 25, 2017 9:50am
Hi all; Does anyone have a copy of the original Dean Malone APB which paints bars with different colour wicks [to the real body] when trend is changing or entering consolidation. If so would it be possible to have a copy.

Many thanks, awm.
  • #75,042
  • Jan 25, 2017 10:02am Jan 25, 2017 10:02am
Quoting awm
Hi all; Does anyone have a copy of the original Dean Malone APB which paints bars with different colour wicks [to the real body] when trend is changing or entering consolidation. If so would it be possible to have a copy. Many thanks, awm.
Is this the one you wanted ??
Attached File(s)
File Type: ex4 Synergy_Pro_APB.ex4   7 KB | 355 downloads
always learning
  • #75,043
  • Jan 25, 2017 10:19am Jan 25, 2017 10:19am
Quoting griffc
{quote} Is this the one you wanted ?? {file}
griffc; Brilliant! Thank you very much
  • #75,044
  • Jan 25, 2017 11:35am Jan 25, 2017 11:35am
BUY GJ AND GU
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GJ.png Size: 19 KB
Click to Enlarge Name: GU.png Size: 22 KB
  • #75,045
  • Jan 25, 2017 11:59am Jan 25, 2017 11:59am
Quoting pips29
{quote} You are speaking for others now...don't be so ignorant...LW did not trade the 4 hour tf and she was "part genesis" and part "Big E".. in other words her own style...RJ trades "genesis" cigarguy, an expert trader of the 5 min and griffinsoul , a very good "hindsight trader" and you " a very crappy trader"who is always crying to mama..From the "free contests" you have entered, you can't even make money from a demo and you are telling so many seniors of this thread what to do. You must be the biggest joke of this year! I had traded this method...
Sorry for the interruption, but reading between the lines you mean this system is not profitable? Donīt tell me that... For once I am very interested in a strategy...
  • #75,046
  • Jan 25, 2017 12:03pm Jan 25, 2017 12:03pm
Quoting lahcenFX
BUY GJ AND GU {image} {image}
Taking a look at your entries, were they a little late?
  • #75,047
  • Jan 25, 2017 12:08pm Jan 25, 2017 12:08pm
Quoting DrForexMD
Dear Emmanual and Tekkies: To help me simplify my TDI Charts, I have replaced TDI Sub-Chart for an on-Chart (close, no shift) EMA 2, EMA 5 and EMA 34, that seems to almost perceptively aligns with Real Time TD with PA being right there ! As a result, I have been able to place the real time volatility Indicator with the Stoch. I find that in this way, my TDI-like EMAs, are right in your face, with the PA, to safe analytical time. Please let me know what you two (or others here) think and I would be happy to upload my template - please see below (Broker...
Sir, I found it very interesting, if you do not mind, could you share your template as well as the needed indis? Just to take a deep look at it...
  • #75,048
  • Jan 25, 2017 12:20pm Jan 25, 2017 12:20pm
Quoting Tortilla
{quote} Sorry for the interruption, but reading between the lines you mean this system is not profitable? Dont tell me that... For once I am very interested in a strategy...
Trading Made Simple is a trend following method.
The TDI cross indicate that a possible trade opportunity is to be found.
The so called edge is how good is your chart understanding of the points in post#647
  • #75,049
  • Jan 25, 2017 12:27pm Jan 25, 2017 12:27pm
Quoting emmanuel7788
{quote} Of course we can all discuss Plan, Build and Run for Position trading on Day charts. I need to see the number of traders here who are interested and we can consider do a project on this. Let me know who is interested and have the commitment to work hard for a few months. Do not decide so soon, but first you must read up all my posts on "empty space" and know what Plan,Build and Run is about. only 15 posts with charts to read. here FF search keyword empty space.png;2154490 {image}
I would be very interested in participating, and am ready to make changes in my schedule in order to dedicate the required time.

Great idea.

Best,
N.
  • #75,050
  • Jan 25, 2017 12:52pm Jan 25, 2017 12:52pm
I have some questions:

-I see that in the begining there was the use of stochastics together with TDI, was it disregarded from the strategy?

-EMA 5 shifted +3... I am confused here. In some places I read to enter in candle 1 or 2 after the green/red cross, and other places to wait for a setup candle and enter the next one... So I really do not know if I should wait for the candle to cross the EMA or just enter just after the cross. What I felt is without waiting for the price to cross 5 EMA I got many more fakeys, but on the other hand, waiting for the setup candle makes me enter later than I would like...
  • #75,051
  • Jan 25, 2017 1:17pm Jan 25, 2017 1:17pm
Quoting emmanuel7788
{quote} GBPUSD H4 update: the last H4 candle just closed. see chart update below: GBPUSD H4 Jan 24 H4 closed pull back.png;2153185 Is that a 5-Method set up candle? You decide on your own. Big E is aggressive in his entry... Post#718 http://www.forexfactory.com/showthre...31#post4582731 {image}
Thanks sure appreciate it. Typical pullback candle before continuing bullish looks like. I wasn't in the market yesterday but can see that it evolved based on that thought.
  • #75,052
  • Jan 25, 2017 1:26pm Jan 25, 2017 1:26pm
Quoting lahcenFX
BUY GJ AND GU {image} {image}
GJ 100 PIPS
Attached Image (click to enlarge)
Click to Enlarge Name: GJ TP 10.png Size: 2 KB
  • #75,053
  • Edited 1:55pm Jan 25, 2017 1:33pm | Edited 1:55pm
Quoting Tortilla
I have some questions: -I see that in the begining there was the use of stochastics together with TDI, was it disregarded from the strategy? -EMA 5 shifted +3... I am confused here. In some places I read to enter in candle 1 or 2 after the green/red cross, and other places to wait for a setup candle and enter the next one... So I really do not know if I should wait for the candle to cross the EMA or just enter just after the cross. What I felt is without waiting for the price to cross 5 EMA I got many more fakeys, but on the other hand, waiting...
There are many posts in this forum about the same problem when to enter.
Snarlyjack droped stoch from TMS
The last chart BigE posted had stoch on. Stoch is only used for direction. Hopeless above 80 below 20.
Would you miss stoch?
No - drop it
Yes - keep it
Enter on that candle that has the cross. You must see the green on the other side of red. When green start to cross over on candle one and only become visible on the other side of red on candle two - walk away, find an other setup

Tortilla download all the pdf about TMS and TDI. Do a word search like "enter" or "cross"
Find the old charts in the pdf on the platform in use and you will begin to know when to wait or order or walk away.
  • #75,054
  • Jan 25, 2017 1:47pm Jan 25, 2017 1:47pm
Quoting Tortilla
I have some questions: -I see that in the begining there was the use of stochastics together with TDI, was it disregarded from the strategy?
The Stoch was originally used to confirm the signal from the TDI. Many traders stopped using the Stoch, as it was seen as redundant.

Quoting Tortilla
So I really do not know if I should wait for the candle to cross the EMA or just enter just after the cross. What I felt is without waiting for the price to cross 5 EMA I got many more fakeys,
Seems to me you have identified the trade-offs of the 5EMA cross rule. Is avoiding fakeys important to you? If so, then you have your answer regarding closing beyond the 5ema.


Quoting Tortilla
but on the other hand, waiting for the setup candle makes me enter later than I would like...
You have to define "later than i would like". The definition of profitable trading can be distilled down to: the sum of your winners, minus, the sum of your losers. I guess you mean your winners would be smaller in size (pips), however, as you stated above, you would suffer less fakeys, or losers. The choice is yours, but based on your own observations, i think you already have an answer.

All the best,
N
  • #75,055
  • Jan 25, 2017 2:27pm Jan 25, 2017 2:27pm
Tortilla

You did not asked for this. Read it. a Forum the size of Trading Made Easy with 75054 posts have hidden chems tucked away. Finding them is like making that prefect trade.

Spend time in the past to learn what the future might do

http://www.forexfactory.com/showthre...16#post4869116
Maybe you have answered some of your own questions:
"Are we caught up over-analyzing 10 different charts? It appears I could make a pretty good living just trading the EU 4H TMS method." If your backtesting shows you could make a good living trading only that pair...I would completely and thoroughly recommend it above everything else...its much more ideal than trading multiple pairs....you get to know that pair intimately and its fluctuations and movements, and if its providing you with the living you want...why the hell look for more stress....its hard enough as it is. THe real experts that profit consistently from this game will always advise we go back and just pick one pair and trade it. THen if you feel it necessary, spread your wings....but really....why?? this is about making a permanent, consistent income....why over stress yourself if one pair offers you this??
Onto the other part of the question....why does it look so simple after the fact.......its called hindsight.....if we could trade using this we would all be rich....honestly though.....that point you make is EXACTLY the nuts and bolts of trading.....all of us on this forum can look at the same chart AFTER the trade and we would ALL agree with where we should have entered and MOST would probably agree on the exit....BUT put that same trade in front of the same people BEFORE it occurs and you would probably struggle to find 2 of the same answers.....its human nature you are dealing with...the stress of using money, the pressure of entering a trade....this is why trading is so difficult. You simply can not teach a buch of people to trade mechanically the exact same way. Because this game HAS to fit your personality......and there inlies the difficulty and frustration. This works for BigE becassue he developed it to suit HIS needs and wants. Yes it works for many others and it is a genius method....but the ones it works for have alterd and adapted it to their trading style...this is critical.....I am not saying change it but you HAVE to make it suit you....this could be something as simple as different trading hours...or whatever...this is also why it simply wont work for many. ITs not a criticism of BigE or the method....I love it...but it suits me....it just may not suit others. But if you love it and you see consitent stress free trading in one pair.....I say go for it....honestly this is a very stressful vocation mentally.....dont make it any harder on yourself.
  • #75,056
  • Jan 25, 2017 3:00pm Jan 25, 2017 3:00pm
Post#119
You can't get different results if you keep doing the same thing over and over.
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  • #75,057
  • Jan 25, 2017 3:55pm Jan 25, 2017 3:55pm
Quoting Tekkies
Tortilla You did not asked for this. Read it. a Forum the size of Trading Made Easy with 75054 posts have hidden chems tucked away. Finding them is like making that prefect trade. Spend time in the past to learn what the future might do http://www.forexfactory.com/showthre...16#post4869116 Maybe you have answered some of your own questions: "Are we caught up over-analyzing 10 different charts? It appears I could make a pretty good living just trading the EU 4H TMS method." If your backtesting shows you could make a good living...
Wow Tekkies, just wow.

I appreciate your above answer so much as well as the one related with stochastics.

Really thank you for your time and patience.

I know I have to learn and have a long way ahead, I have backtested this strategy with forextester and still got many bad entries... I need to read better the charts in order to filter all these.
  • #75,058
  • Jan 25, 2017 3:58pm Jan 25, 2017 3:58pm
Quoting Nik-Nyc
{quote} The Stoch was originally used to confirm the signal from the TDI. Many traders stopped using the Stoch, as it was seen as redundant. {quote} Seems to me you have identified the trade-offs of the 5EMA cross rule. Is avoiding fakeys important to you? If so, then you have your answer regarding closing beyond the 5ema. {quote} You have to define "later than i would like". The definition of profitable trading can be distilled down to: the sum of your winners, minus, the sum of your losers. I guess you mean your winners would be smaller in size...
Nik,

many thanks!

yes i think i got the answer before having the question but you know, sometimes is good to expose all of your doubts just in case. It would not be the first time to ask a simple question and start a good debate...

I see you around!
  • #75,059
  • Jan 25, 2017 4:03pm Jan 25, 2017 4:03pm
Quoting emmanuel7788
{quote} Of course we can all discuss Plan, Build and Run for Position trading on Day charts. I need to see the number of traders here who are interested and we can consider do a project on this. Let me know who is interested and have the commitment to work hard for a few months. Do not decide so soon, but first you must read up all my posts on "empty space" and know what Plan,Build and Run is about. only 15 posts with charts to read. here FF search keyword empty space.png;2154490 {image}
I am interested, watching thread time to time but never got posted, trading daily charts mainly so looking forward
  • #75,060
  • Edited 6:25pm Jan 25, 2017 4:47pm | Edited 6:25pm
EURGBP Week 04 Jan 26 D1 chart

EG enters a sell zone after Jan 25 Closed.
If you have read all my post on 'empty space", please post a chart and see if you can identify the 'empty space" to sell into.
Be prepared when it does, we "let profits run". This is something Big E never shared here in his thread. He was fast to cut loss.

Attached Image (click to enlarge)
Click to Enlarge Name: FF search keyword empty space.png Size: 145 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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