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Trading Made Simple

  • #79,081
  • Edited 2:24am Apr 19, 2017 12:28am | Edited 2:24am
Quoting Eaglefx274
Hi Guys, I took this trade following the rules of Big E. Took the sell on the close of the candle with a star. As of now, I'm loosing pips. Still practicing this method on demo though. - TDI had a clear cross - Stoch was going the same direction as the TDI - Price crossed below the 5 SMA line Many of my trades turns out like this. I think it is because it is still in consolidation. But how do I know if it is out of consolidation? {image}
hello Eaglefx,

I can't see how clear the TDI cross on your chart or maybe it needs point exactly where the trade entry point was.

Anyway, it is easy to curve fit the TMS rules on your chart after the narratives have been shown. The best way is to analyzed a mistake if you are trading using TDI by taking a screenshot upon your trade entry. A purely TMS approach will not be simple at all for newbies or for other experience traders who just blindly follow the rules.

Below is an example of a TDI crosses that went through perfectly (after the fact only). Though on the screenshot, I am using my own modified version of TDI (it may look crappy for others, as long as it helps me - no distraction at all ), but regardless, it shows a clear illustration of a TDI cross (reversal) and bounce off (bearish continuation or bullish continuation), IMHO.

Note: The thread OP removed the Volatility Band and Market Base Line and some other things removed from the original Synergy Trading Method & TDI. The reason was, for him (and others) these are just a distraction. ---Eventually or immediately you'll understand why... There are reasons that experienced traders always recommended to learn the basics at Babypips.com first. There you'll learn Price Action, Divergence/Convergence, Fundamental Analysis, Price structure... etc. In the long run, other traders won't need extra indicators as the mind and eyes has been trained to see these things on chart. The same reason why some other FF members who moves on by opening up another TMS thread or trading using TDI of their own set of rules, strategy or method/system. Though, some are still posting here with their own newly conceive approach within or beyond the OP's TMS method.

Note: Some indicators (free or paid ones) have a lot of extra things that may be too crappy for highly experience traders because it is being marketed or shared to a newbie traders and other type of experience traders, ---mainly for the purpose of visual aids or as a packaged rules/method/system with intended target users.

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kindest regards,
v2v
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #79,082
  • Apr 19, 2017 1:26am Apr 19, 2017 1:26am
Quoting Kopan
{quote} Well - since you brought it up.... I found the exact same issue with the TDI indicator as with the Synergy HA / APB Candles. In very simple terms the code has a inherent flaw which causes it to error out somewhat randomly. My non-scientific limited data set testing shows that I get an error about 5% of the time. I puzzled why no one has ever caught this before and assumed it was my code. But quickly realized that it was indeed the indicator that I was retrieving a value from via the iCustom() function. Visually this error would be extremely...
Kopan why all the hassle?
Take a look at TDI RSI.mq4. The TDI is obtained from RSI only. Fuzzy RSI (emmanuel know's about it)
  • #79,083
  • Edited 2:55am Apr 19, 2017 1:40am | Edited 2:55am
Quoting Kopan
{quote} Well - since you brought it up.... I found the exact same issue with the TDI indicator as with the Synergy HA / APB Candles. In very simple terms the code has a inherent flaw which causes it to error out somewhat randomly. My non-scientific limited data set testing shows that I get an error about 5% of the time. I puzzled why no one has ever caught this before and assumed it was my code. But quickly realized that it was indeed the indicator that I was retrieving a value from via the iCustom() function. Visually this error would be extremely...
Hello Kopan,

There is no such issue with regards how the TDI or Synergy HA APB works --regardless of property strict or non-property strict inside the code or having those array errors. I believe other coders noticed this too but they didn't bother at all, because it can be handled with just a simple coding modification on how you intend to use them or what type of framework you applied on your code. One in particular, if you use iCustom with Synergy APB or Heiken Ashi APB as an input indicator and you need an additional info (e.g. HA bar color change, slope change, MTF state level... etc.), of course the Synergy Heiken Ashi APB or TDI that was originally out there will return an error because it was coded or it has a framework that works only as sole indicator on chart only. If you use it in such other purpose, then you may need to re-code or modify it accordingly, but it doesn't mean that the original versions have such an issue. It just a matter of perspective on how you use these indicators just like there are TDI versions with intentional repaint --why intentional, because repaint is a code issue to some other indicators or the same reason, keeping it that way base on set of rules.

Note: There are versions out there that works both as a sole indicator and as an input indicator (with or without property strict) as long it satisfy the parameters they need on both side of intended use.

Kindest regards
v2v
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #79,084
  • Apr 19, 2017 1:59am Apr 19, 2017 1:59am
Hey RF,

Quoting ReverseFlash
...but the rest of y'all are just a lot of TMS Jihadists with no proof of success...
For someone who told Twee that
Quote
TMS really needs a mod, right now, it is a mess, some people only post there to spread negativity about the improvements of the method even when they were made for their own good.
your own post is just that: spreading negativity.

So far you posted only one image attachment in this thread and that image was not a chart, so why don't you take some trades and post your charts.

As far as your statement is concerned:
Quoting ReverseFlash
{quote} No one here trades TMS anymore.
Forex37 was right: it is complete BS.

I for one trade TMS as laid out in the first posts with minimum deviation from the original template and am doing fine.
  • #79,085
  • Apr 19, 2017 2:05am Apr 19, 2017 2:05am
I will demo it patiently monthly mode.
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  • #79,086
  • Apr 19, 2017 2:15am Apr 19, 2017 2:15am
Quoting v2vboni
{quote} hello Eaglefx, I can't see how clear the TDI cross on your chart or maybe it needs point exactly where the trade entry point was. Anyway, it is easy to curve fit the TMS rules on your chart after the narratives have been shown. The best way is to analyzed a mistake if you are trading using TDI is to take a screenshot upon your trade entry. A purely TMS approach will not be simple at all for Newbies or for other experience traders who just blindly follow the rules. Below is an example of a TDI crosses that went through perfectly (after the...
Hi v2vboni,

Thanks for the reply. I do have some trades that has the TDI go through easily, but it only account for around 33% of my trades using these rules, and that is on H4 chart. As for the H1, I'm having little success so far. I think it is because the TDI repaints and what seems to be a clear crossover on the open of the candle sometimes turns around or flattens out. I'll try to post a new trade if this occurs again. I'm thinking of adding back the other TDI indicators as a filter.

EJ
  • #79,087
  • Apr 19, 2017 2:22am Apr 19, 2017 2:22am
Quoting ReverseFlash
{quote}Good luck. Trolls
Flash.
You did mention XM.
- Account Type: Micro
- Base Currency: ZAR
- Leverage: 1:888
- Got $10. That will give about ZAR R130.00
- Lot size 0.01
It is more then enough to learn to TMS. With the profit you can fund a standard account or increase the lot size. Top up the micro account as and when required. Somewhere along the learning curve you will get the "aaha" moment, after that moment the account will be used to top up the bank account.

Keep It Simple
  • #79,088
  • Apr 19, 2017 2:37am Apr 19, 2017 2:37am
Quoting emmanuel7788
Week 17 April 19 D1 chart trading: EURUSD buy NZDUSD add to buy EURAUD buy EURCAD buy GBPAUD buy only the dips GBPCADbuy only the dips GBPNZD buy only the dips USDCHF sell contra EURUSD NZDCAD buy Do Not overtrade. know the rule, pick one pair in each of the 5 currency pair groups. use Money Management and trade no more than 1% to 2% risk per currency pair/trade. Limit to maximum 10% of your trading capital. use shirt protection.
Hi Emm.
Do you trade on JPY-pairs in this week? All TF show a trend down. As I understand, we can look for enter in continuous trend.
There is no reason to trade if there is no reason to trade.
  • #79,089
  • Edited 3:15am Apr 19, 2017 2:47am | Edited 3:15am
Quoting Eaglefx274
{quote} Hi v2vboni, Thanks for the reply. I do have some trades that has the TDI go through easily, but it only account for around 33% of my trades using these rules, and that is on H4 chart. As for the H1, I'm having little success so far. I think it is because the TDI repaints and what seems to be a clear crossover on the open of the candle sometimes turns around or flattens out. I'll try to post a new trade if this occurs again. I'm thinking of adding back the other TDI indicators as a filter. EJ
You need to have a quick glance of TDI or other set of narratives on different TFs too. You cannot simply use TMS flat out all the time and expect it to work above 60%.

Others would say, Price Action knowledge is needed, but it doesn't work 100% all the time --of course the same goes with TMS rules or method with regards to crosses or bounce. If it does (other methods too), the common notion with regards to trading wherein 95% unsuccessful and only 5% are successful should be the other way around ; )-

Some traders uses a new method/system coined or developed by other traders, but they are armed with their own power of intuition + knowledge + experience ... and these --beside the fact that we have different types of account or equity threshold, money management or lot sizing/position sizing and psychological state during trading times.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #79,090
  • Apr 19, 2017 2:55am Apr 19, 2017 2:55am
Some are trading the TDI / TMS as it is exact science...... Do you really think that when you see price level is touching an indicator or whatever that it is gonna work as you expected? Think about that..... Use your common sense.
Keep it simple without too many crappy indicators!
  • #79,091
  • Apr 19, 2017 4:35am Apr 19, 2017 4:35am
Quoting luvene
Some are trading the TDI / TMS as it is exact science...... Do you really think that when you see price level is touching an indicator or whatever that it is gonna work as you expected? Think about that..... Use your common sense.
TDI is exact science, it reflect price movement by calculating averages. unless you mean exact entry points then I agree. but not everybody use the TDI the same way, some use it picking tops and bottoms and some use it as confirmation after cross's or bounces and some use it conservatively crossing the MBL(yellow line).

this also the same with all indicators, it's the matter how to use them but not as a crystal ball.
"the public is not yet ready for it" W.D. GANN
  • #79,092
  • Apr 19, 2017 6:20am Apr 19, 2017 6:20am
Quoting luvene
Some are trading the TDI / TMS as it is exact science...... Do you really think that when you see price level is touching an indicator or whatever that it is gonna work as you expected? Think about that..... Use your common sense.
with all do respect, we all have been in this stage of confusion from using too many systems and indicators, so it's OK, you are not the first one and will not be the last. so take a deep breathe and clear your mind.

to make trading easy you have to identify one thing only, TREND. this will make you enter the market with the mindset of a BULL or a BEAR.

my way: daily 20SMA slope for trend, H4 TDI for entries. so if the daily slope is down I look for sell entries ONLY until it go flat and confuse me I stop trading the pair and wait.

hope it help,

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"the public is not yet ready for it" W.D. GANN
  • #79,093
  • Apr 19, 2017 6:31am Apr 19, 2017 6:31am
Quoting v2vboni
{quote}
You need to have a quick glance of TDI.
Price Action knowledge is needed
TMS rules or method with regards to crosses or bounce.
armed with their own power of intuition + knowledge + experience
different types of account
equity threshold
money management
lot sizing/position sizing
psychological state during trading times.
v2vboni nailed it. What more do you need?
TDI is an indicator, it only indicate a possible trade so therefor use TDI cross to locate that possible trade on any time frame, pair. That is the simple part of Trading Made Simple. Difficult part is how to apply TMS rules (post#647 (which is Price Action)).

That is how I use TMS / TDI. The expert advisor get a alert via iCustom and then it ask for confirmation to place a trade. Use TMS rules to confirm that trade. After a trade is placed the EA automatically set the trailer stop.

Cave Manager that LookLeft have poste does a pretty good job. (Not sure emmanual is also using it)
https://www.forexfactory.com/showthr...57#post9757857

Do not interfere with the trade and let it run. If you clearly can see it is a losing trade, don't wait for the trade to reach S/L close it and save a few pips.

Placing a trade on every cross over will deplete the account in no time. Read TDI Cross.pdf for info where the cross must be to emulate some of losing cross overs.
  • #79,094
  • Apr 19, 2017 6:59am Apr 19, 2017 6:59am
Quoting luvene
Some are trading the TDI / TMS as it is exact science...... Do you really think that when you see price level is touching an indicator or whatever that it is gonna work as you expected? Think about that..... Use your common sense.
I lke your approch
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  • #79,095
  • Apr 19, 2017 7:40am Apr 19, 2017 7:40am
I'm sorry for asking this..can E/U go down for this week?n how to make a decision to entry by using TDI?i'm sorry for my bad english..
  • #79,096
  • Apr 19, 2017 8:00am Apr 19, 2017 8:00am
Quoting Kuzact
I'm sorry for asking this..can E/U go down for this week?n how to make a decision to entry by using TDI?i'm sorry for my bad english..
THats it
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  • #79,097
  • Apr 19, 2017 8:15am Apr 19, 2017 8:15am
Quoting Kuzact
I'm sorry for asking this..can E/U go down for this week?n how to make a decision to entry by using TDI?i'm sorry for my bad english..
in 30 mins
the cautious seldom err....C
  • #79,098
  • Edited 10:48am Apr 19, 2017 9:48am | Edited 10:48am
Quoting v2vboni
{quote} Hello Kopan, There is no such issue with regards how the TDI or Synergy HA APB works --regardless of property strict or non-property strict inside the code or having those array errors. I believe other coders noticed this too but they didn't bother at all, because it can be handled with just a simple coding modification on how you intend to use them or what type of framework you applied on your code. One in particular, if you use iCustom with Synergy APB or Heiken Ashi APB as an input indicator and you need an additional info (e.g. HA bar...
.....

re: Note: There are versions out there that works both as a sole indicator and as an input indicator (with or without property strict) as long it satisfy the parameters they need on both side of intended use.


V2V
Appreciated - that will save me some coding time.

Thank you!
  • #79,099
  • Apr 19, 2017 10:52am Apr 19, 2017 10:52am
Quoting Tekkies
{quote} Kopan why all the hassle? Take a look at TDI RSI.mq4. The TDI is obtained from RSI only. Fuzzy RSI (emmanuel know's about it)

Again - my mistake for using the indicators from the start of this thread and not sorting thru the myriad of variations that have since been created.

Appreciate the feedback.
  • #79,100
  • Apr 19, 2017 10:57am Apr 19, 2017 10:57am
Quoting Kwt4x
{quote} with all do respect, we all have been in this stage of confusion from using too many systems and indicators, so it's OK, you are not the first one and will not be the last. so take a deep breathe and clear your mind. to make trading easy you have to identify one thing only, TREND. this will make you enter the market with the mindset of a BULL or a BEAR. my way: daily 20SMA slope for trend, H4 TDI for entries. so if the daily slope is down I look for sell entries ONLY until it go flat and confuse me I stop trading the pair and wait. hope...
Read this.....

https://www.forexfactory.com/showthr...36#post9765336

Have a nice evening.
Keep it simple without too many crappy indicators!
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