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Trading Made Simple

  • #78,581
  • Apr 7, 2017 7:18pm Apr 7, 2017 7:18pm
Trading the day chart and trading only once a day,
what is the test results using the past 10 years data?

GBPUSD back-testing using 2530 price bars I have in my MT4 history.
using the TDI Moderate entry with PAC and HA candle change colour for exit.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD D1 10 years.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,582
  • Apr 8, 2017 12:48am Apr 8, 2017 12:48am
Quoting emmanuel7788
Trading the day chart and trading only once a day, what is the test results using the past 10 years data? GBPUSD back-testing using 2530 price bars I have in my MT4 history. using the TDI Moderate entry with PAC and HA candle change colour for exit. {image}
I just say ,Hello,you are a very good person.Thank you
p.s.for me ,TMS will be always a father of all Trading styles and your advise and unselfishly,I never forgotten.
Aleksander
  • #78,583
  • Apr 8, 2017 1:40am Apr 8, 2017 1:40am
Where are can find more reading about ME/ME? Thanks
  • #78,584
  • Apr 8, 2017 6:02am Apr 8, 2017 6:02am
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....

Quoting eelfranz
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...

Here my test results on the Daily charts fore the 8 pairs.
Entry using the Price Action close above the PAC and using the TDI in the Moderate mode.
Exit when the Ha candle close in change of colour.

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


Test data from Dec 2008 till March 2017.
Only use Single Entry / Single Exit.

Attached Image (click to enlarge)
Click to Enlarge Name: Daily TF backtest Dec 2008 to March 2017.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,585
  • Apr 8, 2017 6:17am Apr 8, 2017 6:17am
Thanks Emmanuel for sharing your result.

How long it took to do the backtest?

Please can you confirm
1) Are you usinng Synergy Pro APB with builtin PAC

or

2) Adding 5SSMA (High and low) for the PAC channel

Thanks
  • #78,586
  • Apr 8, 2017 6:20am Apr 8, 2017 6:20am
Quoting emmanuel7788
{quote} {quote} Hi Uk1, Today EURAUD made a new monthly high and our target reached for this week and also closing our 20 trading days cycle. below screenshot pf the TE of this A$5k account. {image} The live account did slightly better with some recovery trades done this week. Also next week, I can trade 2 pairs at the same time instead of just one pair in the demo account.
This week 14 April 3 to 7 closing.

Traded two pairs EURAUD ( week 11 to 14) and GBPUSD (week 13 and 14) and closing all trades before london closing on Friday.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS MEME Live closed April 7.png Size: 79 KB


Starting from next week, I will show my trades in Fx Blue.
https://www.fxblue.com/live/
You can sign up there and if you want to view my trades, you can PM me and I have to grant you permission there.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,587
  • Apr 8, 2017 6:32am Apr 8, 2017 6:32am
Quoting mazibee
Thanks Emmanuel for sharing your result. How long it took to do the backtest? Please can you confirm 1) Are you usinng Synergy Pro APB with builtin PAC or 2) Adding 5SSMA (High and low) for the PAC channel Thanks
Eight(8) pairs took me the whole of this week in between my own home chores, running errands, etc.

I use the original Synergy APB in post#25.
The PAC is the simply the 5 period Smoothed Moving Average set to High and Low.

The same plain old synergy trading model, keep it in its original form.

Trade in conservative way, no need to be aggressive in entries. Trade only when we see the trend has been establish and the price move out of the PAC.
Trade only once per day.

The results shows that we do not need high win rate what some traders claim to have 85% win rate. Like I said long time ago, aim for 55% and I will show you how to crank up those pips with ME/ME and Money Management strategy and make cash flow every year. You will have a few losing baskets, few losing weeks, even 3 to 4 losing months but never a losing year in the past 10 years.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,588
  • Apr 8, 2017 6:35am Apr 8, 2017 6:35am
Quoting Alex1055
{quote} I just say ,Hello,you are a very good person.Thank you p.s.for me ,TMS will be always a father of all Trading styles and your advise and unselfishly,I never forgotten. Aleksander

Thank you Alex1055 for your kind words and taking time to post this.
This means a lot to me and that I have done something right in this thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,589
  • Apr 8, 2017 6:44am Apr 8, 2017 6:44am
Quoting blueman
Where are can find more reading about ME/ME? Thanks

Did you read these old posts yet?

Big E on using multiple entries in the CHS thread
Post#2622 , Post#2629 , Post#2771 and Post#2912
Money Management Strategy for TMS: Post#48,008
Using Multiple-Lot Positions to Improve trading TMS: Post#33,507
Entry and Exits: Post#24,918 Post#18,422 Post#19,617
How to Build a Position: Post#19,588
Multiple Entries / Multiple Exits for Day chart trading: Post#58,726

These should be sufficient for you to get the basic concept to get started with ME/ME.
You need to work this out on paper and then onto your chart and simulate how to run trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,590
  • Apr 8, 2017 6:52am Apr 8, 2017 6:52am
NZDCAD and AUDCAD are the two worst pairs to trade on D1 chart. Avoid these pairs.
Also AUDNZD is not good when compared to the 8 pairs which Big E traded.

next week, I will run tests for the EURxxx and GBPxxx crosses.

be patient!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,591
  • Edited Apr 9, 2017 9:12am Apr 8, 2017 10:34am | Edited Apr 9, 2017 9:12am
Quoting emmanuel7788
{quote}You can also share with us what you have read so far and your observations of the differences now and the way the OP traded. You are free to quote any posts here and ask questions and I am sure the posters will be happy to reply
G'day

Thanks for the kind welcome, fellow member.

I've seen other threads where the original posters insult and ban the new
members only for asking simple questions.

Sorry for the late reply, I am reading the links you shared with me.


I believe these are the main differences between the OP's trading way
and the current way:


1: Entry

OP: He used to take a setup when the green line crossed the red line and only used 5ema as visual reference with TMS.

Quoting eelfranz
Only red and green lines (double thickness) and remove the others... cut out any possible confusion... make it simple for YOU !
Quoting eelfranz
I don't worry about PA crossing the 5 ema. I totally depend on the TDI for my entry signals...
Now: I've seen some people has added back the yellow and blue lines, besides using 5ema as a filter.

I read some have added back these lines to avoid false setups and surely it's good for this.

But I think the OP wanted us to take off stuff, not adding more back which reduce simplicity.


2: Exit

OP: TDI hooks over or goes flat.

Quoting eelfranz
According to the rules you exit when the TDI GREEN LINE goes flat, check mark reversal or hooks over
Now: APB changes colour.

I think the new rule is better because the OP way missed some pips

But I understand that he traded full lots so he had to get out quick.

3: Candles

OP: He only traded with HA candles.

Quoting eelfranz
We only use Heiken Ashi candles... that's important.
Now: Currently members are using JP candlestick or Bar charts.

I read they use now JP candles because the HA hides the real price.

For me it's better to see the real price but I'm not sure if it's ok to change the OP's rule.

4: Trading Hours

OP: He searched for setups at 10 p.m, after taking a trade he went to sleep wake up at 3am to BE or close his trades then at 6 a.m, he would have closed all his trades no matter what..

Quoting eelfranz
I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific....
Now: I believe people open and exit trade at any hours.

I think this OP's rule is flexible because he lived in America, others here have a different time zone.


5: Trade Management

OP: One entry One exit with full lots


Now: Multiple entries and exits with mini lots or micro lots I think.

I really don't understand well yet how ME/ME works.

6: Expert Advisors

OP: Didn't use any EA.

Now: Mptm, THVcavemanager, TMS_v19, xTDI,etc.

I think EAs saves us some time so we can do other things.

7: Indicators

OP: Only TDI+APB+STO. No additionsa indis.

Now: (TDI+APB+STO) + ATR+COT+TMS Monitor+EMA 10,50,200 + Guppys, etc.

I think now there are too many indicators.

To conclude I think these additions, you all made have really improved the method but I think at some point of the path, you deviated from the thread purpose: to make trading simple.

For me now, though I don't doubt the new rules are more profitable than the first post ones, I honestly think this is not simple anymore.

I believe you have created a whole new methodology.

So for a new member like me, it's difficult to not get confused with the multiple methods contained in this thread.

I want to trade TMS but ME/ME gets in the way.

I want to trade ME/ME but TMS gets in the way.


Moreover I think all the ones who have changed the rules are indirectly implying that the way the method is described in the first post didn't work for them therefore it's not so successful as the OP claimed it to be.

This is basically what I think they're meaning when the rules are changed.

Well this is only my personal opinion.

I read a new thread will be opened about ME/ME, I'd like to participate there because I think that'll become one of the best on FF.


Good luck with your trades for next week 15.
  • #78,592
  • Apr 8, 2017 10:41am Apr 8, 2017 10:41am
Quoting emmanuel7788
{quote}Starting from next week, I will show my trades in Fx Blue. https://www.fxblue.com/live/ You can sign up there and if you want to view my trades, you can PM me and I have to grant you permission there.
Good, I hope you silence the haters here.
  • #78,593
  • Apr 8, 2017 10:47am Apr 8, 2017 10:47am
Quoting Tekkies
{quote} This method with the indicator's that the OP BigE used is profitable.

I understand your passion to defend the original idea but please tell me:

Have you been profitable for at least 6 months trading exactly the way it's laid out in the first post no matter if on a demo?

Besides let's assume you succeed at banning the member emmanuel7788 from here or he opens a new thread, then:

How will you avoid new members to try to change the rules again since there's no admin in this thread?

I don't mean to offend anybody but I believe eventually a new person will come here and try to change the
rules not because they have a bad intention but because I think this method traded exactly as the first post is
not as successful as the OP claimed it to be.
  • #78,594
  • Apr 8, 2017 11:53am Apr 8, 2017 11:53am
Quoting emmanuel7788
{quote} {quote} Here my test results on the Daily charts fore the 8 pairs. Entry using the Price Action close above the PAC and using the TDI in the Moderate mode. Exit when the Ha candle close in change of colour. 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 Test data from Dec 2008 till March 2017. Only use Single Entry / Single Exit....
What was your initial stop placement on these back tests and your stop management, hypothetically of course ? Thanks
  • #78,595
  • Apr 8, 2017 12:20pm Apr 8, 2017 12:20pm
Quoting Scrambleguy
{quote} What was your initial stop placement on these back tests and your stop management, hypothetically of course ? Thanks
I think 2 * ATR100. And the stop will not be hit often, because the exit is, when the color of the HA candle changes.
  • #78,596
  • Apr 8, 2017 12:49pm Apr 8, 2017 12:49pm
Quoting ReverseFlash
{quote} For me it's better to see the real price but I'm not sure if it's ok to change the OP's rule.
U have to do what is best for ur trading. If u prefer JP candles instead of HA go for it.
Achieving your goals is only a matter of mental strength
  • #78,597
  • Apr 8, 2017 2:24pm Apr 8, 2017 2:24pm
Quoting ReverseFlash
{quote} I understand your passion to defend the original idea but please tell me: Have you been profitable for at least 6 months trading exactly the way it's laid out in the first post no matter if on a demo? Besides let's assume you succeed at banning the member emmanuel7788 from here or he opens a new thread, then: How will you avoid new members to try to change the rules again since there's no admin in this thread? I don't mean to offend anybody but I believe eventually a new person will come here and try to change the rules not because they...
ReverseFlash, you have already conclude that the OP's rules / method is not successful so why would I even bother to convince you other wise.

Just to humour you.
For a new Member to this forum you are fast, to fast, way to fast.
You Joined Mar 23, 2017, made 8 post.
On the Apr 5, 2017 7:08 Emmanual gave you a few link's.
In five days you have managed to:
- read, understand 78.595 post
- summoned them up.
- know all the indicator's that member's use in the past
- know the difference between how the OP traded and how the member's are trading now.
- give a good report about the current statistic of this tread.
- understand Tekkies passion.
- conclude that TMS is not successful

Yet in your previous post
1: Entry: OP: He used to take the cross when the green line crossed the red line and only used 5ema as visual reference with TMS.
- You do not mention post#647
2: Exit: I think the new rule is better because the OP way missed some pips.
- How come?
- Have you traded the old way and the new way all in 5 day's to make such an informed conclusion.
3: Candles: OP: He only traded with HA candles.
- What about this post:https://www.forexfactory.com/showthr...44#post4594344
4: Trading Hours:
- Agree
5: Trade Management
- He stated how he trade
6: Expert Advisors: I think EAs saves us some time.
- Did you use an EA with this method and for how long to know whether it is saving time or wast time.
7: Indicators OP: Only TDI+APB+STO. No additionsa indis.
-Mention in 3: Candles: OP: He only traded with HA candles.

"Good luck with your trades for next week 15"
The best part of your post is that line. For it reminded how a member that has lot's of post's in FF conclude his post's. Who know's, the two of you might be friend's for that member have worked in Germany for some time.
  • #78,598
  • Edited Apr 9, 2017 9:16am Apr 8, 2017 5:11pm | Edited Apr 9, 2017 9:16am
Quoting Tekkies
{quote}The best part of your post is that line. For it reminded how a member that has lot's of post's in FF conclude his post's. Who know's, the two of you might be friend's for that member have worked in Germany for some time.
Good day fellow member.

I think you misunderstood my FF join date with my trading experience.

I started reading about FX since one year ago so I'm not completely a newbie.

I knew about the synergy method but I hadn't found this thread yet.

1 Entry:

#647 those are FX basic things, any trader must check even if he doesn't use this method.

2 Exit:

It's obvious if you get out as soon as an indicator crosses opposite, you'll let some pips on the table if it turns back into your favour.

3 Candles:

When he wrote HA candles, he refered to the sinergy APB, this is how I've understood it from the beginning.

I think you don't really understand his posts.

5 Expert Advisors:

Any strategy based on an indicator cross can be semi-automatized, saving the trader some time, this is very obvious too.

7: Indicators


Mentioned in 3. + HA are the APB from the synergy method.

-----------------------------------------

I was looking for an EA and saw an emmanuel788'post about the xTDI then I found this thread:

https://www.forexfactory.com/showthr...55#post9702755

I've been reading this thread since then.

I have plenty of time and reading comprehension, I finished the TMS Big E. pdf and I got a grasp of the way eelfranz traded then jumped to the last pages and saw members shared their charts with a lot of ema's and other indis the OP didn't use so it was easy to understand they were trading different than him.

(All this before emmanuel7788 shared those links to me.)

Then I saw member tekkies'posts all around complaining about the new rules so I realized he had a passion to trade exactly as the OP but it's a fact he hasn't shown a single sign that is doing well trading that way.

I found eelfranz said he had over a 75% winning rate, but I think the average winning rate for this method is much lower.

I assume this, because people are always trying to change the rules from the first post (at least this is what I've seen in the last pages), if it would really be so simple and profitable, they wouldn't need to change anything, I think.

I didn't exactly said this method was not succesful.

To claim this, first I'd need to forward-test this method for at least 6 months, have you?

What I wrote was: this method is not so successful as the OP claimed it to be (>75%)

I think you must read my post again, almost all what I quote is on the first page.

Besides as traders we must know the week number to keep a journal and know its market condition.


P.S: For you to be happy I must confess, I'm emmanuel7788 with another username, but strangely he doesn't even know I'm him lol

Tekkies: The little I know about TMS I get full of it wrong lol


Good luck with your trades for week 15.
  • #78,599
  • Apr 8, 2017 9:18pm Apr 8, 2017 9:18pm
hello ReverseFlash...

I believe that Tekkies and others are simply trying to make a point that this was a thread by Big E's and must be respected with OP rules... regardless if OPs method is highly profitable or not. However, as I have said before ... you said as well, no more Op admin to control this thread.

I am also not successful with TMS-5 method alone... thus I tried to add up/remove some things with it. Thus, it won't be simple anymore, though on my part, still simple because I've coined it to suit me ; )-

At the moment, this thread is like a royal rumble sort of things ; )- ...who dominates at the end? For now, there's only one that continues to dominate this thread... and continues to receive castigation from time-to-time... it will never end...

Others, were able to create a new thread, in which I believe is a better way for some who were not successful with TMS-5 alone... and if only wanted to share their own method outside of this thread.

Since the likes of Tekkies and others ---occasionally ; )- that are passionate to defend this thread with Op rules, that sometimes, it looks some kind of a fanatic or legend like following to defend this thread. It is hard to defend this thread if you are not an Admin.

By the way, I'm also accused of being Emmanuel too, that is why I call some of them a Fanatic not passionate defender of this thread. But I understand them because... it is totally hard... You keep on quoting the Ops and pointing links to certain pages where the Op said this and that.... sometimes, they have their own interpretation.

kindest regards,
v2v
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,600
  • Apr 8, 2017 10:04pm Apr 8, 2017 10:04pm
Quoting v2vboni
hello ReverseFlash... I believe that Tekkies and others are simply trying to make a point that this was a thread by Big E's and must be respected with OP rules... regardless if OPs method is highly profitable or not. However, as I have said before ... you said as well, no more Op admin to control this thread. I am also not successful with TMS-5 method alone... thus I tried to add up/remove some things with it. Thus, it won't be simple anymore, though on my part, still simple because I've coined it to suit me ; )- At the moment, this thread is like...

Is there anyone here who is successful using strictly OP's rules? Was there any evidence that Big E himself was profitable? No disrespect here, just curious.........
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