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Trading Made Simple

  • #79,601
  • May 10, 2017 11:02am May 10, 2017 11:02am
To anyone who can assist,

I have setup the indicators manually on the metatrader 4 platform as was not able to download them from the link provided. Could someone tell me the values I need to enter for;

1) TDCI
2) Stochastics
3) Heiken Ashi Candles
4) Synergy HA

This is what I am getting currently;

Attached Image (click to enlarge)
Click to Enlarge Name: TMS System.PNG Size: 161 KB
  • #79,602
  • May 10, 2017 11:12am May 10, 2017 11:12am
Quoting emmanuel7788
AUDUSD Week 19 May 10: Still in sell mode until weekly range exhaustion ... or at 0.7300 which comes earlier. I am waiting to hit my week's target of 10%.
Credit should be given where it's due. Amazing trading.. Your TE looks just perfect like every trader's dream TE..
  • #79,603
  • May 10, 2017 11:24am May 10, 2017 11:24am
Rafaz1 Have you ever tired to download and add indicators before? If you have then disregard the following. If you have not then follow instructions below.

Once you download go to the folder on your PC where they are. Open your MT4 platform and go to File at the top of the page. there you see Open Data Folder. In there you see the template folder and the MQL4 folder. Open that and you see there the Indicator folder. Drag or copy your downloaded indicators. Close that window and if you have templates drag them to the template folder. Then either restart your MT4 or refresh the indicators by right clicking the indicator tab on the left of the window.
There are also some more up to date indicators through out the thread.

Hope this helps.
  • #79,604
  • May 10, 2017 11:38am May 10, 2017 11:38am
Hello everyone,

I would like to be part of the TMS family (although I have posted a few help messages on here already). and I'm sure we'll get on like a house on fire.

I have read the 2 big PDFs and saved them to my local desktop. I am ok with that.

Credit due to you all but the Big E and his predecessor for the invaluable information on the forum and also having developed the strategy to tackle forex trading.

Caledonia - Many thanks for your response. The problem is that my PC can't recognise the file type so I don't even get as far as saving them to my desktop. I guess what I am asking is it possible to either setup the indicators needed manually on the MT4 platform?

I am based in United Kingdom and looking to trade H1 and H4 with GBP vs CAD, AUD, JPY & USD using the TMS system. I have been in demo mode for about 3 months utilising basic support and resistance levels with mixed results. So really need to move onwards and upwards.

Thank you to you all.
  • #79,605
  • May 10, 2017 12:06pm May 10, 2017 12:06pm
Quoting Rafaz1
Hello everyone, I would like to be part of the TMS family (although I have posted a few help messages on here already). and I'm sure we'll get on like a house on fire. I have read the 2 big PDFs and saved them to my local desktop. I am ok with that. Credit due to you all but the Big E and his predecessor for the invaluable information on the forum and also having developed the strategy to tackle forex trading. Caledonia - Many thanks for your response. The problem is that my PC can't recognise the file type so I don't even get as far as saving them...
Hi Rafaz,

Welcome!

You may be mistaken with regards to the files. Can you let me know exactly which files you downloaded? There is no reason that you would not be able to download the files even if your PC does not recognise the file type.

Once you download the files, they should be either .ex4 or .mq4 files, all you then need to do is move them into the folder that Mt4 uses for its indicators.

To find this folder click the button in the first screenshot below.
Once you click that it will open a new window that will look like the second screenshot.
You can then right click the indicators folder on the left hand side as per the screenshot and then select " Open Folder"
Once this folder is open you can move the files you downloaded into there and once you close both this new window and the main Mt4 application and re-open your indicators will be avaiable in the "Custom" in "Insert - Indicators"

Hope this helps. If not let me know!
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  • #79,606
  • May 10, 2017 12:15pm May 10, 2017 12:15pm
Ha Seshwaan Your method is easier than mine. I'm no expert in files types etc but I i found it easy enough to import indicators etc so not sure why Rafaz PC doesn't recognize them.
  • #79,607
  • May 10, 2017 12:17pm May 10, 2017 12:17pm
Quoting Seshwaan
{quote} First time being +100 pips! Interested in your guys best practices for moving SL at this sort of level? I have moved to BE for now, set on the H1 chart {image}

Left this on overnight and woke up to it having retraced back to around +65 pips. I was about to go to work ( should have got up earlier I know!) and saw that the current candle on the H4 was red and this spooked me and made me close the whole position.....

I know I should have maybe closed half of my lot size and let the other run with a >BE SL but I clearly was not thinking right.

I can see it has continued up now and is making me wish I stayed in even more. My question is should I just straigt back in or wait for another entry signal? Ruyles state wait for another signal but PA looks like this is a decently strong bullish run so I am very tempted.

Can someone please advise what they would do here?( Mizi or emmanuel i am very interested to hear your thoughts!!)

Thanks
  • #79,608
  • Edited 2:57pm May 10, 2017 12:53pm | Edited 2:57pm
Trade still on....H4 CADJPY







Happy trading,
Yomi.
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Time always comes before price
  • #79,609
  • May 10, 2017 1:57pm May 10, 2017 1:57pm
Quoting emmanuel7788
AUDUSD Week 19 May 10: Still in sell mode until weekly range exhaustion ... or at 0.7300 which comes earlier. I am waiting to hit my week's target of 10%.
now that's a nice week target!

I'm up by ~1.2% this week, and ~3.5% last week, around 2% max floating P/L DD in the proccess...going more conservative on lotsize because i'm with single account w/ all money instead of many accounts w/ smaller money (will adopt this 'loto' way once I have enought money to divide between accounts, wich can "save" if any swan event happen I think?)

my D1 MEME TMS trades this month till now
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Aiming to 10-15% on month end, it may be possible...
  • #79,610
  • May 10, 2017 2:14pm May 10, 2017 2:14pm
Quoting Uk1
{quote} Hi Emm, I have some questions about ME/ME, I'm a bit stuck on a couple of things relating to trade management, they are: 1) If for example taking a more aggressive buy entry from below the 10ema (opposite for sell), and the scale in limit orders would exceed the cutloss level calculated from the 10ema, what do you use as the alternative cutloss level and position sizing. I am using this cutloss level in my backtester for positions sizing (which might also be part of the problem). 2) Can you just clarify why you have cutloss and not just...

Hi Uk1,

Few things you must first know.
1) The 10EMA is used instead of the 5EMA, Typical Price, Shift+3 which is part of the 5-Method. there is very little difference between the two moving averages. I prefer the 10EMA and I can use the same timeframes.
2) The basic rule for TMS 5-Method is
- buy when the price action is above the 5EMA
- sell when the price action is below the 5EMA.
The 5EMA is for direction by Big E.

Why 10EMA?
The power of 10EMA Post#8,528 by FF member named tango-1

This is simple enough and we can develop our trading system based on this simple use of just one moving average line on all chart timeframes.

Hence, when we develop the Dynamic Cut-Loss for ME/ME trading, we stick to this use of the 10EMA. This is a tool to help traders decide on cut-loss without too much thinking and reconsideration when their trades are in drawdown. It is like a forced decision build in the trade manager. The trader must know this and has little to do.

For consistency, we also use the ATR-100 days for many system design specifications. Use 2xATR(100) pips distance above and below the 10EMA to keep track where we should cut-losses when the market goes against our trades. But this seldom happens if we follow our Entry and Exits rules with strict discipline.

See EURCAD H4 swing trading example below.

Remember, when 4H Swing trading, one of the rule is to close all trades by Friday' London session closing and latest before NY session close.
We must not hold 4H swing trades over the weekend and for more than on calendar week. There is only one exception to this rule.

Attached Image (click to enlarge)
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I will answer the other questions/your PMs this coming weekend. My hands are full this week.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,611
  • May 10, 2017 2:28pm May 10, 2017 2:28pm
Quoting mokuro89
{quote} now that's a nice week target! I'm up by ~1.2% this week, and ~3.5% last week, around 2% max floating P/L DD in the proccess...going more conservative on lotsize because i'm with single account w/ all money instead of many accounts w/ smaller money (will adopt this 'loto' way once I have enought money to divide between accounts, wich can "save" if any swan event happen I think?) my D1 MEME TMS trades this month till now {image} Aiming to 10-15% on month end, it may be possible...
Well done! You are on the route to financial freedom.

use both Lotto and Insurance models, blend them and create a "CashFlow" model. That's what TMS MEME trading is all about... create positive cash flow with minimal DD drawdown without locking up our trading capital is extended drawdown period. Make our hard-earned money work harder for us.

It's SMART™ Money Management not gambling.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,612
  • May 10, 2017 2:35pm May 10, 2017 2:35pm
What are Lotto and Insurance models?

Go back to this old posts and watch the video.

https://www.forexfactory.com/showthr...77#post9796377
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,613
  • May 10, 2017 2:49pm May 10, 2017 2:49pm
My 2 trades for these week started on daily candles and wich are performing extremly well i can say a little motivation for friends here!
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  • #79,614
  • May 10, 2017 2:51pm May 10, 2017 2:51pm
Quoting Sesamstrasse
Dear Folks ;-) The last weeks and months I testet a lot of tools for the multi order management.. .. wasn t happy with all of them .. but now it looks like my buddy Mokuro did a nice job and developed a tool I can work with. Since yesterday night I opened a seperate demo to test his " tool " under regular conditions. Heres a EG entry, moderate style.. ME purpose .. We are in front of a weekly ( very often tested ) support line. Well see if it breaks or not.. if yes, we have Empty space for about 400 pips BUT : When Emmanuel backtested the " D1 PAC...
I agree, Mokuro did a great job with his tool.

So far, only handful of TMS traders have good grasp of trading with ME/ME. The idea to work in small groups produce some results after many months.

Your EURGBP trade running nicely. We wait and see the gap to be filled.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,615
  • May 10, 2017 4:34pm May 10, 2017 4:34pm
Thank you to Sheswaan and Caledonia.

I will follow your advice and report back tomorrow on template upload.

I am just keen to get the indicators installed, so I can start the demo trading. Of course. there will be questions and i'll come back to you guys and this forum.

Its seems like the TMS system is producing some very exciting results for some of the traders !!1
  • #79,616
  • May 10, 2017 6:33pm May 10, 2017 6:33pm
Quoting Rafaz1
Thank you to Sheswaan and Caledonia. I will follow your advice and report back tomorrow on template upload. I am just keen to get the indicators installed, so I can start the demo trading. Of course. there will be questions and i'll come back to you guys and this forum. Its seems like the TMS system is producing some very exciting results for some of the traders !!1
Hi Rafaz1,

WELCOME to this TMS family.

You see that some of the traders here achieved good results but do not let this mislead you that trading has been easy.
To get to where many of us are today, it took us many years of hard work and sacrifices made along the way.
Some who are still trading here have been here since 2013 with me but a few have given up or stopped trading.
On average, most of us spent an average 3 to 5 hours per day for 2 to 3 years to learn and become better traders.
If you are prepared to make the commitment and work diligently, trading can be a supplement to your day job income.
It is going to be a very long journey.

Have a good one.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,617
  • May 10, 2017 6:39pm May 10, 2017 6:39pm
Market has been very kind to me this week and I manage to get my 10%.

If you go to my profile and look at my Trade Explorer, look at the Trade List and see column trade Duration.


Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,618
  • May 10, 2017 7:17pm May 10, 2017 7:17pm
Nice setup on AUDNZD daily, one to watch for on the 4h and tomorrows daily candle.
Attached Image (click to enlarge)
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  • #79,619
  • May 10, 2017 7:19pm May 10, 2017 7:19pm
GBPxxx pairs May 11 trading:

GBPUSD, GBPCAD and GBPNZD have not move very much for days while GBPJPY rallied against weak Yen also GBPAUD rallied against weaker AUD.

Today London session is key data release and also BOE Official Bank Rate announcement. No change to the current 0.25% but how will the market react today.
With general elections next month and ongoing Brexit negotiations, expect volatility any time.

Just trade with extra caution. Do not hold on to trades in floating drawdown for too many days. Cut losses, re-evaluate every situation when trades don't go in your direction.
Use your trading capital wisely and do not let it be locked in floating drawdown for days and weeks hoping that the market will reverse in your favour. Make your hard-earned money work harder for you by unlocking your trading capital held up in losing trades/baskets.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,620
  • May 10, 2017 7:22pm May 10, 2017 7:22pm
Quoting Seshwaan
Nice setup on AUDNZD daily, one to watch for on the 4h and tomorrows daily candle. {image}
Pay attention to AUDUSD and NZDUSD when you trade this cousin pair.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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