thanks Plamen - I'm starting to think I might use a different minimum candle threshold for each pair. For H4 180 day ADR/5 perhaps.

Indicators for the 'Trading Made Simple' system

BigE only uses stoch for confirmation of direction with the TDI. For judging oversold or overbought he uses TDI. Stochs is useless above 80 and below 20.

Trading Made Simple

Great summary of the history of TMS

Trading Made Simple

Thanks Plamen

Indicators for the 'Trading Made Simple' system

its four and two

Indicators for the 'Trading Made Simple' system

Well it seems to be working e.g a setting of 7.0 is only giving me alerts for Daily candles sizes above 70 pips and 2.8 is only giving me alerts for candle sizes for above 28 pips on the 4H. Maybe we're getting confused with pips and pipettes here ...

Indicators for the 'Trading Made Simple' system

I thought a setting of 2.8 on the indicator = 28 pips - am I right? Are you saying 2.8 = 2.8 pips? I didn't think .8 of a pip was possible. I would say about 12 pips for H1 (again depends on which pair). I'm using about 70 for the daily.

Indicators for the 'Trading Made Simple' system

Seems to be working very well i've set the minmum candle size on the H4 to 2.8, I think that might be a little high for some of the quieter pairs though, we'll see. Question is should I be trading the quieter pairs anyway.

Indicators for the 'Trading Made Simple' system

As I said before ignore the bits at the start of that doc where he refers to waiting for the candle to close over the EMA, that rule isn't followed any more, we just take the trade on the candle 1 or 2 of the move, as soon as the cross occurs.

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TMS lol!!!

Trading Made Simple

Nice work Plamen - I'll test this tonight - thanks

Indicators for the 'Trading Made Simple' system

Xaphod is a genius. New indicators are fine by me if they stay true to the TMS core rules, which all Xaphod's do in my opinion

Trading Made Simple

It wasn't me who compiled it, but I thought I'd repost as many might have missed it the first time around.

Trading Made Simple

This is quite a nice introduction to the TDI for newbies. Interestingly Dean seems a little less conservative with the TDI these days, he mentions that he no longer waits for the green to cross over the 50, he uses the yellow as a "floating" 50 ...

Trading Made Simple

I think this is worth a repost, all BigE's comments from this thread and the old one combined. Quote from the doc I found interesting: "#1 in importance is PA, #2 is the TDI for confirmation & Stochs is just an indicator I note. If TDI & Stochs are ...

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Dean: Thanks for banishing that moment of doubt I had about the stochastic indicator. I'm all for keeping it simple, but removing it is maybe going a step too far! I agree with all the other long term contributors, please try to follow the simple ...

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Needs a few more indicators and a LCD projector to view them all on

Trading Made Simple

I'm starting to question the effectiveness of using the stochastics with this method. Do you think its still relevant? TDI + PA + Basic Forex seems to be the key to success here with the TMS method. I've always used it only to confirm the direction ...

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url I thought this was a pretty interesting video from Dean, he could almost be talking about the TMS method. His point is basically if he was trading this aggressive way he would take only the trades where the green line is at a steep angle (5 ...

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looking forward to your Charts, - glad to here your doing well.

Trading Made Simple