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Trading Made Simple

  • #78,721
  • Apr 10, 2017 4:53am Apr 10, 2017 4:53am
Quoting antonym
{quote} Would it be possible to explain the other two preconditions? My understanding of the 2nd precondition is that price should close above some recent levels, or should not be in WRB/MC consolidation. But I am unable to figure out the third. I have read the posts by bigE from 2011 Jan to Jun.

we have already three mechanical pre-conditions.
do we need more?
I don't think so.

what we need is a money management strategy to make money using those three mechanical conditions based on what we have - the HA candles, the PAC and the TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,722
  • Apr 10, 2017 4:55am Apr 10, 2017 4:55am
Quoting antonym
{quote} {quote} Hi Malony, I think you may have misunderstood the chart. It confused me a bit at first. Emmanuel entered at the yellow arrow, not the red and green one. He has been backtesting the moderate entry TDI condition. Moderate This can be your choice, it is 'safer' and most profitable Long = Green over Red, Yellow, & 50 lines Short= Red over Green, Green below Yellow & 50 line There are actually two set of backtesting on that chart. The other one is based on the red and green arrow. For the red and green arrow, it is based on a different...

So there are two different styles of "backtesting" on one chart? The Take Profit of that trade was clearly stated by him as HA color change at the end of the candle. The entry was on a flat TDI inside the pac channel with small candle. On the same chart theres his notice: Do not trade when the HA candle are small and inside the PAC
He did the opposite. Even red crossing yellwo, the entry would have been in my marked level.

On this chart every entry was marked with little red/green arrow, but this trade is the exception with yellow? On a bearish japan candle? Come on its pretty clear where he wanted to enter.
Newbies be warned of emmanuel7788. Hes not true.
  • #78,723
  • Apr 10, 2017 4:56am Apr 10, 2017 4:56am
Quoting pips29
{quote} I think you got me all wrong...when I said "less noisy" I meant you won't have the time to argue as you need to concentrate with smaller time frames
Oh I agree... on what you said. It really does... "less noisy" but only if everything fits or fall into right places and not fall into trap by curve fitting your perceive notion.

Anyway, we all look for each of our own high probability trade setup.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,724
  • Apr 10, 2017 5:03am Apr 10, 2017 5:03am
So you all done it, this thread is done
  • #78,725
  • Apr 10, 2017 5:06am Apr 10, 2017 5:06am
Quoting emmanuel7788
{quote} read this post and the chart attached. can anyone figure out those conditions for that April 7 D1 bar/candle close. if you can, then you know what I have been talking about in back-testing and now forward testing in live market. {image}
Thanks for your post! I also noticed that the setup is even better when the TSL line looks in the same direction. Also it would be good when the trailing SL went after the High or Low of the Heiken Ashi, does not always work but it is close to the market price.

regards
  • #78,726
  • Apr 10, 2017 5:13am Apr 10, 2017 5:13am
Quoting Deichkind
{quote} Thanks for your post! I also noticed that the setup is even better when the TSL line looks in the same direction. Also it would be good when the trailing SL went after the High or Low of the Heiken Ashi, does not always work but it is close to the market price. regards

the win ratio is below 50%... this is somethings we must accept.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,727
  • Apr 10, 2017 5:27am Apr 10, 2017 5:27am
Is there a programmer who can do paid coding to incorporate TMS in a strategy?
  • #78,728
  • Edited 7:15am Apr 10, 2017 6:44am | Edited 7:15am
Quoting antonym
{quote} Would it be possible to explain the other two preconditions? My understanding of the 2nd precondition is that price should close above some recent levels, or should not be in WRB/MC consolidation. But I am unable to figure out the third. I have read the posts by bigE from 2011 Jan to Jun.

Quoting Malony
{quote} So there are two different styles of "backtesting" on one chart? The Take Profit of that trade was clearly stated by him as HA color change at the end of the candle. The entry was on a flat TDI inside the pac channel with small candle. On the same chart theres his notice: Do not trade when the HA candle are small and inside the PAC He did the opposite. Even red crossing yellwo, the entry would have been in my marked level. On this chart every entry was marked with little red/green arrow, but this trade is the exception with yellow? On a...
Attached Image (click to enlarge)
Click to Enlarge Name: Trading the D1 chart is simply SMART.png Size: 68 KB


There is one set of conditions for buy or sell. There is one logical sequence which must be in proper order.
What are you talking about flat TDI inside the PAC? This is not one of the rule for D1 chart trading. Big E said that is conservative exit when the space between Green and Red is big, but how big is big?

1) use only the HA candles which must either close above the PAC or below the PAC. I did not mention the price bar nor candlestick. There was no HA candles which is inside the PAC of both the setups which I marked.

2) the 'trend' is what we see using the PAC bar by bar, this is also mechanical. rising PAC is considered bullish, falling PAC is considered bearish.

3) the TDI is the last mechanical condition to fulfill the complete setup.

that is simple, only 3 mechanical conditions which must be logical in sequence 1), 2) and 3) and can be programmed by an experienced programmer. If you mix up the logical sequence, it will go wrong.


Edit. That yellow arrow points to the HA candle close which fulfills all 3 above conditions. Zoom into the HA, the PAC and the TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,729
  • Apr 10, 2017 7:39am Apr 10, 2017 7:39am
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....
Shouldn't, "Total Pips Won," column read,"Total Pipettes Won,"? Or,"Total Points Won,"? Anyone??
Vincit qui se vincit.
  • #78,730
  • Apr 10, 2017 8:48am Apr 10, 2017 8:48am
Emmanuel, please would you point me to where I can get the PAC indicator you have. I have searched the downloads but can't see it. Thanks
  • #78,731
  • Apr 10, 2017 8:55am Apr 10, 2017 8:55am
Quoting emmanuel7788
{quote} {quote} {image} There is one set of conditions for buy or sell. There is one logical sequence which must be in proper order. What are you talking about flat TDI inside the PAC? This is not one of the rule for D1 chart trading. Big E said that is conservative exit when the space between Green and Red is big, but how big is big? 1) use only the HA candles which must either close above the PAC or below the PAC. I did not mention the price bar nor candlestick. There was no HA candles which is inside the PAC of both the setups which I marked....

First of all we are talking actually your PAC stuff and "rules" so please don`t use BIG E for your methods.


What was the reason for entering? If you only look at HA candles you could take every single candle which closes above the pac. The TDI was flat at the entrytime the HA candle was small too. When you pac trading and looking only at HA candles youe entries sometimes real late.
Newbies be warned of emmanuel7788. Hes not true.
  • #78,732
  • Apr 10, 2017 8:59am Apr 10, 2017 8:59am
Quoting nigpig
Emmanuel, please would you point me to where I can get the PAC indicator you have. I have searched the downloads but can't see it. Thanks
It's not any indicator it is 2 MAs set to 5 SMMA High and 5 SMMA Low or you can down load the synergy_pro_APB from the paperclip and it is built in.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #78,733
  • Apr 10, 2017 9:13am Apr 10, 2017 9:13am
Quoting emmanuel7788
{quote} {quote} {image} There is one set of conditions for buy or sell. There is one logical sequence which must be in proper order. What are you talking about flat TDI inside the PAC? This is not one of the rule for D1 chart trading. Big E said that is conservative exit when the space between Green and Red is big, but how big is big? 1) use only the HA candles which must either close above the PAC or below the PAC. I did not mention the price bar nor candlestick. There was no HA candles which is inside the PAC of both the setups which I marked....
Hi emmanuel,
Thanks, I have been reading your posts for years now and learned a lot from you. Can you please explain your entry trigger? After the D1 setup bar, do you wait for H4 or H1 (PA goes outside of PAC and confirms by TDI) for entry trigger? How about the timing? For example, there was H4 WRB at LO in the last buy setup on the chart you posted, if waited for H4 bar to completed and confirmed by TDI, it was a bit too late, but the H1 trigger was very good Can please explain?


Thanks!
Ken
  • #78,734
  • Apr 10, 2017 9:17am Apr 10, 2017 9:17am
Must be missing something but the added 5 high/low smoothed don't look the same as the original pac?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 90 KB
  • #78,735
  • Apr 10, 2017 9:26am Apr 10, 2017 9:26am
Quoting Scrambleguy
Must be missing something but the added 5 high/low smoothed don't look the same as the original pac? {image}
There not exactly the same. The 5SMMA high/low gives an even more conservative entry/exit which is why I use the synergy version which keeps you in the trade longer.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #78,736
  • Apr 10, 2017 9:27am Apr 10, 2017 9:27am
Quoting Lookleft
{quote} There not exactly the same. The 5SMMA high/low gives an even more conservative entry/exit which is why I use the synergy version which keeps you in the trade longer.
thanks N your definitely the h1 pac man!
  • #78,737
  • Apr 10, 2017 9:28am Apr 10, 2017 9:28am
...here another optional indicator for PAC

Attached File(s)
File Type: ex4 HA_APB.ex4   201 KB | 534 downloads
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 38 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,738
  • Edited 11:56am Apr 10, 2017 11:26am | Edited 11:56am
UPDATE: Heiken Ashi APB v1.06

For TMS-5 purist...

  1. Now with Moving Average on Chart (default: 5 EMA, Typical & Shift 3)
  2. Fixed default user selected settings (switching TF-to-TF issue)
  3. Option to hide the clickable headers on top
  4. Added clickable header switch "ShowMa"
  5. You may now download this indicator from its development thread >>> here

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 35 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,739
  • Apr 10, 2017 2:24pm Apr 10, 2017 2:24pm
Quoting realjumper
{quote} QUOTE FROM BIG E: EVERY BODY OUT OF THE POOL ! If you want to add indicators... keep it to yourself and please don't post it here. You know the rules... please trade it as layed out. Trade it during the first 1-3hrs of any session on the 1hr chart and 4hr chart during the London open. Study old charts on winning trades. Learn to recgonize them. Watch your angles - 12-2, 4-6 END QUOTE
Hi, rj!

I have an idea.

Why pointless wasting of time and energy here, when it's clear, that this thread is irreparably spoiled and lost far away of it's initial purpose, and nobody can't do anything about it.

Why won't you open a new thread with the subject of the original TMS system, the way eelfranz wanted it to be and with full respect to him and his rules, but like in a new form, with all the rules in one place, FAQ, all latest versions of indicators, templates etc.

I'm telling this to you, because you made an outstanding job with GMTS thread, which is a shining example of how the trading systems thread must be organized. It's super easy for a newcomer to learn GMTS system, unlike from this one, where necessary information is all over the place. People will follow!

Give it a thought!

All the best.
  • #78,740
  • Apr 10, 2017 2:39pm Apr 10, 2017 2:39pm
https://www.fxblue.com/

My experience with them.
I registered yesterday , then I was pressed to confirm my account using my mobile phone number.
Immediately after, they sold my Name, Country and mobile number to FXCM which called me in the morning
until I put their number to my lock list.
After this they send a email, to contact me.

Better you donīt regsiter at them.
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csethna