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Trading Made Simple

  • #78,341
  • Mar 31, 2017 7:37pm Mar 31, 2017 7:37pm
Quoting cjscalper
Hi, Please can somebody tell me the MA settings on the TDI? Many thanks,cj

Almost every question on the TDI has been asked and answered many times before.

Traders Dynamic Index

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy HA candles and use that TDI Red Green version all these in Post#25.

Pdf description: Post#18,264 Post#24,705

TDI-RealTime version Post#17,848


How to create the TDI using the RSI available in other platform: Post#15,546
Fozzy RSI Method Post#59,617
Synergy_Pro_TDI settings: Post#59,624

Comparison of TDI Red Green and TDI_RT:
http://www.forexfactory.com/showthre...31#post8569731
http://www.forexfactory.com/showthre...40#post8556840

Post#72,156
First you need to ask yourself what type of trader you are or what is the trading style you want to adopt.


Entry conditions

Scalping -
Long = Green over Red,
Short = Red over Green

Active –
Long = Green over Red & Yellow lines
Short = Red over Green & Yellow lines

Moderate–
Long = Green over Red, Yellow, & 50 lines
Short= Red over Green, Green below Yellow & 50 line

Read this book
RSI: The Complete Guide Post#27,110 by John Hayden
The Truth about Divergence ... read Chapter 4 Page 65
Trend Determination using the RSI (TDI) Post#26,774
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,342
  • Mar 31, 2017 7:52pm Mar 31, 2017 7:52pm
Quoting Deichkind
Smart cut loss has taken out my EURGBP trade, but thats to protect our account {image}

yes, dynamic smart cut-loss is to protect our trading account from blowout when market turns against our positions.

anyway the market has been sideways and hindsight analysis will always be the perfect answer to all losses.

you can trade with both the aggressive approach like Big E did and also keep the conservative approach with the PAC in mind.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Week 13 POMO.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,343
  • Mar 31, 2017 7:56pm Mar 31, 2017 7:56pm
Quoting Miner88
{quote} Thanks emm. It seems like working already but im not sure that my tdi setting at this indicator is correct or not.. {image} Other than that, im not sure how to use my ea to back testing. What should i do now? never use EA before so i have no clue on it. Please teach me.. Thank you very much. Regards, Miner88

Hi Miner88,

It is very difficult to explain how to use the MT4 strategy tester using this forum since you have not use that before.
Have you tried looking at youtube channels on MT4 Strategy Tester?
or look at your broker's website for tutorials on MT4.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,344
  • Mar 31, 2017 8:10pm Mar 31, 2017 8:10pm
Quoting Deichkind
{quote} I think when you combine it with MTF-Analysis/BPP/MEME this will be great...

Traders can combine whatever that work for them.
But we can also keep it simple and use the PAC 'yellow brick road' which Big E removed and replaced it a 5EMA,Typical Price, Shift+3.

GBPUSD closed Friday with a bullish bar/HA above the PAC.
Do we buy next week?
What are the risks?
Do we use the TDI cross in the opposite direction as our exit ?
or
Do we use the HA close in opposite colour as our exit?

We shall see next week/month how this GU will turn out in live market.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 13 closing Mar 31.png Size: 70 KB


Remember, it is D1 trading and Big E did some testing back in 2011 but never posted any results.
https://www.forexfactory.com/showthr...62#post4803962
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,345
  • Mar 31, 2017 9:09pm Mar 31, 2017 9:09pm
Quoting emmanuel7788
{quote} yes, dynamic smart cut-loss is to protect our trading account from blowout when market turns against our positions. anyway the market has been sideways and hindsight analysis will always be the perfect answer to all losses. you can trade with both the aggressive approach like Big E did and also keep the conservative approach with the PAC in mind. {image}
Hi Emm

thanks for sharing this back testing chart

I have some observation and wants to understand :

Did you use MBL as filter (i mean long only when green above yellow and red and short when green below yellow and red)?


I have used your chart and marked yellow lines on some of bar want to know why these were not a valid trades however in all PA closed outside the PAC and TDI (green and red was also in PA side- (green above red for long and green below red for short)).

Thanks

MK
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 66 KB
  • #78,346
  • Apr 1, 2017 1:54am Apr 1, 2017 1:54am
Quoting emmanuel7788
GBPUSD closed Friday with a bullish bar/HA above the PAC. Do we buy next week? What are the risks? Do we use the TDI cross in the opposite direction as our exit ? or Do we use the HA close in opposite colour as our exit? We shall see next week/month how this GU will turn out in live market.
What will you do? Waiting till its moved, and than paint some nice charts and tell people what they did wrong? A lot of questions for a guy who claims to be trading for about 25 years.
Newbies be warned of emmanuel7788. Hes not true.
  • #78,347
  • Apr 1, 2017 2:55am Apr 1, 2017 2:55am
Quoting Deichkind
{quote} look at your entry candle? Is it a "googd" candle with momentum? Seems to be something like pinbar which look up and not down imo and of course like Malony said, you can't win them all
Agree, best set up would be for a red candle with no pin bar on top.
Will take note of this next time, thanks

Quoting Malony
{quote} Im not an Expert in TMS so dont take my words for gold, but the last high on this swing was the high above the blue candle. Thats where a Stop should be placed. Your stop was on the entry candle as far as i can see. You could be still in this trade...
Hi Malony,

I agree I made a mistake placing it on the entry candle, it should be on the last swing high. Thanks for the comments!

Quoting bistolis
{quote} hi {image}
Hi Bistolis,

Thanks for the chart, I understand clearly where I should have put the SL now

Quoting cvgreen46
{quote} Hello again everyone, have been away for a while, apologies, but good to see this thread continuing to flurrish. wildcard ... a few good points made already about your GU short but I would add two points more... 1. Your stop was too tight. As I'm sure you are aware, trading Dailies and longer time frames means large stop distances which is often why so many trade shorter time frames for money management reasons. Yes, you have placed the stop at the prev bar high but it is the 'body high' and not the actual price high (just under 1.26). As...
Hi cvgreen,

Thanks for tips, learned about the SL management now. Also yes I didnt reli observe the close candle but now I can see what you mean. Was my first time trying the Daily bars, i realise daily requires much higher stops and also much much more patience. I have been trying to undnerstand what position trading is and now finally someone explained to me in simple terms what that is. thank you for that!
  • #78,348
  • Apr 1, 2017 3:09am Apr 1, 2017 3:09am
Quoting Kopan
{quote} I Agree with Malony and, just for discussion - I am going to suggest that you needed to pay attention to known high profile news events. Timeline: Late afternoon Europe: Brexit gets signed Next morning AM Asia: Tokyo is Open and GBP drops like a rock Next morning AM Europe: London Opens and Bank of England jumps in to support their currency and GBP bounces back up Significant <known> news event ---> warrants caution ---> stay out of GBP ---> PA mirrors the high profile news and who is awake/business hours...
Hi Kopan,

thanks for the explanation, while I was aware of the news, I was expecting the trend to continue.
But you may be right, I did not factor that BOE might have supported the currency
  • #78,349
  • Apr 1, 2017 4:09am Apr 1, 2017 4:09am
Quoting Malony
{quote} What will you do? Waiting till its moved, and than paint some nice charts and tell people what they did wrong? A lot of questions for a guy who claims to be trading for about 25 years.
I agree with you, Malony.

He asks questions and then if it works out, he'll act like he traded it. If it doesn't work out, then it'll be like that's why I asked questions because it wasn't 100%.

He's such a fraud, it makes me sick.
  • #78,350
  • Apr 1, 2017 4:41am Apr 1, 2017 4:41am
Quoting TheRock
{quote} I agree with you, Malony. He asks questions and then if it works out, he'll act like he traded it. If it doesn't work out, then it'll be like that's why I asked questions because it wasn't 100%. He's such a fraud, it makes me sick.

Hi TheRock.

Maybe im wrong, but im very sceptical about emmanuel7788. A time ago, guess about a year or so he posted here that theres no setup on this day for the original TMS. I was demoing on exactly this time there was four or five winning setups.

So i dont like it when a thread get highjacked. Especially when the original OP is dead. Forex is full of fakegurus. So who has ever seen one live Tradejournal of him? Or one live trade? Hes claiming a long time to open o new thread. I guess he will not do, and was never realy about it. Right? And that person claims to be honest? Why he not give some live examples before he closes it? 25 Years trading?
Newbies be warned of emmanuel7788. Hes not true.
  • #78,351
  • Apr 1, 2017 4:44am Apr 1, 2017 4:44am
Quoting mkfx
{quote} Hi Emm thanks for sharing this back testing chart I have some observation and wants to understand : Did you use MBL as filter (i mean long only when green above yellow and red and short when green below yellow and red)? I have used your chart and marked yellow lines on some of bar want to know why these were not a valid trades however in all PA closed outside the PAC and TDI (green and red was also in PA side- (green above red for long and green below red for short)). Thanks MK {image}
Hi MK,

It is good to see you zoom into details and question. This is a very good way to learn and learn fast.

Those are conservative trades setup and the Yellow line MBL has nothing to do with the setups. Big E removed the TDI's MBL and VB from his 5-Method.

I looked at the price action of the HA candles which must close either above or below the PAC as one of the pre-conditions for the buy or sell setup.
The next pre-condition is how to confirm the established 'trend' or the new swing after the reversal. Look at the PAC conditions.
Then I leave you to discover the 3rd pre-condition.
Read Big E posts from Jan to Jun 2011 where he has attached charts and trades.

I tell you where to look but I wont tell your what to look for.

Have fun.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,352
  • Apr 1, 2017 4:48am Apr 1, 2017 4:48am
Quoting mkfx
{quote} Hi Emm thanks for sharing this back testing chart I have some observation and wants to understand : Did you use MBL as filter (i mean long only when green above yellow and red and short when green below yellow and red)? I have used your chart and marked yellow lines on some of bar want to know why these were not a valid trades however in all PA closed outside the PAC and TDI (green and red was also in PA side- (green above red for long and green below red for short)). Thanks MK {image}
Do this every time.
#261 - The TDI is the heart of our method. It tells you when to enter and where to exit any trades.
Apply with #647.
Work most of the time.
Every trade is a risk.

You are over analysing the chart with those yellow band's. It is preventing you from taking trade's. This method have been tested over and over again. Why are you using PAC, MBL and not 5EMA. buy above, sell below 5EMA.

Day trading
Look at the chart. Got 14 trade's. Got 7 loses. Would those loses have been losing when contoled from H1, H4.
Want to be conservative in trading
-angle of green
Restrict entry's to below 5 and above 1.
- level
buy between 35 / 45. sell between 55 / 65
Keep It Simple
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPmicroDaily.png Size: 56 KB
  • #78,353
  • Apr 1, 2017 4:54am Apr 1, 2017 4:54am
Quoting Malony
{quote} What will you do? Waiting till its moved, and than paint some nice charts and tell people what they did wrong? A lot of questions for a guy who claims to be trading for about 25 years.
Quoting TheRock
{quote} I agree with you, Malony. He asks questions and then if it works out, he'll act like he traded it. If it doesn't work out, then it'll be like that's why I asked questions because it wasn't 100%. He's such a fraud, it makes me sick.
Quoting Malony
{quote} Hi TheRock. Maybe im wrong, but im very sceptical about emmanuel7788. A time ago, guess about a year or so he posted here that theres no setup on this day for the original TMS. I was demoing on exactly this time there was four or five winning setups. So i dont like it when a thread get highjacked. Especially when the original OP is dead. Forex is full of fakegurus. So who has ever seen one live Tradejournal of him? Or one live trade? Hes claiming a long time to open o new thread. I guess he will not do, and was never realy about it. Right?...
@Maloney
@TheRock

You two come here and want to spoon fed. You two should do your own analysis and share how you will trade GBPUSD next week.
Before you take a trade, you must already know what the risks are and you as the trader must decide what to do to mitigate those risks you see on your charts.

Those questions I ask are typically questions I asked myself and find answers myself before I trade. These same questions are what trader should also ask themselves and find answers. I am not here to spoon feed you two with questions and answers. I have better things to do and better spend my time with traders here who are open minded to learn from other members sharing and not making insults and insinuations.

This is not a trade signal service. You expect other traders here to post their trades when they take them so that you can copy trades. Forget that. No one here will ever post their trades lives as soon as they open them.
You are trading your own heard-earned money so you should be independent traders and make your own trade decisions.
We can share different views and discuss our views in a civil and polite manner and not by making insults and insinuations. We can agree to disagree and this is what the ethos of this thread should be without the OP moderating here.
Read Post#647 carefully and apply that post before you want to take a TDI trade.

I never declare myself to be guru here. This is not my thread and I do not have any obligations to show my trade journal, Trade Explorer, Myfxbook, etc.
Has anyone ever asked Big E to show his trade journal, Trade Explorer, Myfxbook, etc.? NO.
I look at his charts and his explanations I know what is possible and what is not. I simply trusted what he wrote and I forward tested them myself to convince myself that the 5-Method works in certain market conditions. There are many traders here who trade this same 5-Method and make money. I know only two traders trade exactly the way it is written in Post#1 and make money for years. I don't know about the rest of traders who have been here since 2009.

Good luck to you two.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,354
  • Apr 1, 2017 5:09am Apr 1, 2017 5:09am
Quoting emmanuel7788
{quote} {quote} {quote} @Maloney @TheRock You two come here and want to spoon fed. You two should do your own analysis and share how you will trade GBPUSD next week. Before you take a trade, you must already know what the risks are and you as the trader must decide what to do to mitigate those risks you see on your charts. Those questions I ask are typically questions I asked myself and find answers myself before I trade. These same questions are what trader should also ask themselves and find answers. I am not here to spoon feed you two with questions...
No, emmanuel7788.


I dont want any signals from you. Why?, I dont even know if you ever pulled one live trigger. I dont want signals from a person who make empty promises. There a proofen traders if one is wanting signals. I got my own signals. So please dont insinuate me this kind of things. Thank you.

Good luck for the papertrades.
Newbies be warned of emmanuel7788. Hes not true.
  • #78,355
  • Apr 1, 2017 5:14am Apr 1, 2017 5:14am
Quoting mkfx
{quote} Hi Emm thanks for sharing this back testing chart I have some observation and wants to understand : Did you use MBL as filter (i mean long only when green above yellow and red and short when green below yellow and red)? I have used your chart and marked yellow lines on some of bar want to know why these were not a valid trades however in all PA closed outside the PAC and TDI (green and red was also in PA side- (green above red for long and green below red for short)). Thanks MK {image}

Hi MK,

here backtest of EURGBP for the same period Jul 29 2016 to Mar 31 2017.

you are good at looking into details, so I leave you to total the points/pips win/loss.

here is for trading with single entry / single exit.

I have not included Big E way how he would add on positions in between those swings, i.e. multiple entries which he mentioned.

can you automate this way of trading? I know you have the programming skills and it can be done with the correct logic.

regards,
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP backtest results 2016 Jul 29 to 2017 Mar 31.png Size: 76 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,356
  • Apr 1, 2017 6:05am Apr 1, 2017 6:05am
Quoting emmanuel7788
{quote} {quote} {quote}Has anyone ever asked Big E to show his trade journal, Trade Explorer, Myfxbook, etc.?
There was no need for that. Member's did what BigE told them to do and the result's was profitable trade's. Member's lost and BigE showed them why by using post#647 and basic Forex.

https://www.forexfactory.com/showthr...83#post9728083
GBPUSD closed Friday with a bullish bar/HA above the PAC.
- So what. Who care's
Do we buy next week?
- Yes
- Buy when TDI give a Buy signal
- Sell when TDI give a Sell signal.
- Apply post#647 before placing that trade
What are the risks?.
- Only two.
-You win
-You lose - missed read the chart or never meant to win that one.
We shall see next week/month how this GU will turn out in live market.
-GU wil be the same as last week/month and the week/ month before that. Just like it was last year and the year before that.

IT IS POST LIKE THAT ONE THAT MAKE MEMBERS ASK YOU TO VALIDATE YOUR TRADE'S CLAIM
What is of value in that post?

See only a other attempt to confuse member's, hide among sentence that really does not say much.

Do we use the TDI cross in the opposite direction as our exit ?
or
Do we use the HA close in opposite colour as our exit?

-What is wrong with green flat., hook, check mark.

Nice going emm
  • #78,357
  • Apr 1, 2017 6:57am Apr 1, 2017 6:57am
To all who are new to this thread and need help, you have three Options:

Option #1: Go to this post link, read and follow that post.

https://www.forexfactory.com/showthr...80#post9661780

Option #2: Go to this post link, download and read those two pdfs files.

https://www.forexfactory.com/showthr...31#post9656031

Option #3: Click and read One, Two and Three
This Option is the best for those who are experienced in trading with price action and support/resistance.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,358
  • Apr 1, 2017 7:00am Apr 1, 2017 7:00am
Quoting emmanuel7788
{quote} Hi MK, It is good to see you zoom into details and question. This is a very good way to learn and learn fast. Those are conservative trades setup and the Yellow line MBL has nothing to do with the setups. Big E removed the TDI's MBL and VB from his 5-Method. I looked at the price action of the HA candles which must close either above or below the PAC as one of the pre-conditions for the buy or sell setup. The next pre-condition is how to confirm the established 'trend' or the new swing after the reversal. Look at the PAC conditions. Then...

Thanks Emmanuel for clearing the doubts...

i will read these Big E posts and try to find out the 3rd precondition..

MK
  • #78,359
  • Apr 1, 2017 7:09am Apr 1, 2017 7:09am
Quoting Tekkies
{quote} Do this every time. #261 - The TDI is the heart of our method. It tells you when to enter and where to exit any trades. Apply with #647. Work most of the time. Every trade is a risk. You are over analysing the chart with those yellow band's. It is preventing you from taking trade's. This method have been tested over and over again. Why are you using PAC, MBL and not 5EMA. buy above, sell below 5EMA. Day trading Look at the chart. Got 14 trade's. Got 7 loses. Would those loses have been losing when contoled from H1, H4. Want to be conservative...
Thanks Tekkies

Please clarify some of your point i am not able to understand.

Day trading

"Look at the chart. Got 14 trade's. Got 7 loses. Would those loses have been losing when contoled from H1, H4."
What is contoled from H1 and H4?


Want to be conservative in trading

-angle of green
Restrict entry's to below 5 and above 1.
What is this 5/1 please show one example

- level
buy between 35 / 45. sell between 55 / 65
IS this level of green line in TDI window?

Thanks

MK
  • #78,360
  • Apr 1, 2017 8:10am Apr 1, 2017 8:10am
Quoting emmanuel7788
{quote} Hi MK, It is good to see you zoom into details and question. This is a very good way to learn and learn fast. Those are conservative trades setup and the Yellow line MBL has nothing to do with the setups. Big E removed the TDI's MBL and VB from his 5-Method. I looked at the price action of the HA candles which must close either above or below the PAC as one of the pre-conditions for the buy or sell setup. The next pre-condition is how to confirm the established 'trend' or the new swing after the reversal. Look at the PAC conditions. Then...
Hello Emmanuel,

do you think as your PAC-Pre-Condition about the Slope? Runnning flat means ranging situation?

regards
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