[COG]TMS Crossfire

🔍 TMS Crossfire: Guide to Parameters

📊 Core Parameters

🔸 Stochastic Settings (K, D, Period)
- **What it does**: These control how the first stochastic oscillator works. Think of it as measuring momentum speed.
- **K**: Determines how smooth the main stochastic line is. Lower values (1-3) react quickly, higher values (3-9) are smoother.
- **D**: Controls the smoothness of the signal line. Usually kept equal to or slightly higher than K.
- **Period**: How many candles are used to calculate the stochastic. Standard is 14 days, lower for faster signals.
- **For beginners**: Start with the defaults (K:3, D:3, Period:14) until you understand how they work.

🔸 Second Stochastic (K2, D2, Period2)
- **What it does**: Creates a second, independent stochastic for stronger confirmation.
- **How to use**: Can be set identical to the first one, or with slightly different values for dual confirmation.
- **For beginners**: Start with the same values as the first stochastic, then experiment.

🔸 RSI Length
- **What it does**: Controls the period for the RSI calculation, which measures buying/selling pressure.
- **Lower values** (7-9): More sensitive, good for short-term trading
- **Higher values** (14-21): More stable, better for swing trading
- **For beginners**: The default of 11 is a good balance between speed and reliability.

🔸 Cross Level
- **What it does**: The centerline where crosses generate signals (default is 50).
- **Traditional levels**: Stochastics typically use 20/80, but 50 works well for this combined indicator.
- **For beginners**: Keep at 50 to focus on trend following strategies.

🔸 Source
- **What it does**: Determines which price data is used for calculations.
- **Common options**:
- Close: Most common and reliable
- Open: Less common
- High/Low: Used for specialized indicators
- **For beginners**: Stick with "close" as it's most commonly used and reliable.

🎨 Visual Theme Settings

🔸 Bullish/Bearish Main
- **What it does**: Sets the overall color scheme for bullish (up) and bearish (down) movements.
- **For beginners**: Green for bullish and red for bearish is intuitive, but choose any colors that are easy for you to distinguish.

🔸 Bullish/Bearish Entry
- **What it does**: Colors for the entry signals shown directly on the chart.
- **For beginners**: Use bright, attention-grabbing colors that stand out from your chart background.

🌈 Line Colors

🔸 K1, K2, RSI (Bullish/Bearish)
- **What it does**: Controls the colors of each indicator line based on market direction.
- **For beginners**: Use different colors for each line so you can quickly identify which line is which.

⏱️ HTF (Higher Timeframe) Settings

🔸 HTF Timeframe
- **What it does**: Sets which higher timeframe to use for filtering (e.g., 240 = 4 hour chart).
- **How to choose**: Should be at least 4x your current chart timeframe (e.g., if trading on 15min, use 60min or higher).
- **For beginners**: Start with a timeframe 4x higher than your trading chart.

🔸 Use HTF Filter
- **What it does**: Toggles whether the higher timeframe filter is applied or not.
- **For beginners**: Keep enabled to reduce false signals, especially when learning.

🔸 HTF Confirmation Bars
- **What it does**: How many bars must confirm a trend change on higher timeframe.
- **Higher values**: More reliable but slower to react
- **Lower values**: Faster signals but more false positives
- **For beginners**: Start with 2-3 bars for a good balance.

📈 EMA Settings

🔸 Use EMA Filter
- **What it does**: Toggles price filtering with an Exponential Moving Average.
- **For beginners**: Keep enabled for better trend confirmation.

🔸 EMA Period
- **What it does**: Length of the EMA for filtering (shorter = faster reactions).
- **Common values**:
- 5-13: Short-term trends
- 21-50: Medium-term trends
- 100-200: Long-term trends
- **For beginners**: 5-10 is good for short-term trading, 21 for swing trading.

🔸 EMA Offset
- **What it does**: Shifts the EMA forward or backward on the chart.
- **For beginners**: Start with 0 and adjust only if needed for visual clarity.

🔸 Show EMA on Chart
- **What it does**: Toggles whether the EMA appears on your main price chart.
- **For beginners**: Keep enabled to see how price relates to the EMA.

🔸 EMA Color, Style, Width, Transparency
- **What it does**: Customizes how the EMA line looks on your chart.
- **For beginners**: Choose settings that make the EMA visible but not distracting.

🌊 Trend Filter Settings

🔸 Use EMA Trend Filter
- **What it does**: Enables a multi-EMA system that defines the overall market trend.
- **For beginners**: Keep enabled for stronger trend confirmation.

🔸 Show Trend EMAs
- **What it does**: Toggles visibility of the trend EMAs on your chart.
- **For beginners**: Enable to see how price moves relative to multiple EMAs.

🔸 EMA Line Thickness
- **What it does**: Controls how the thickness of EMA lines is determined.
- **Options**:
- Uniform: All EMAs have the same thickness
- Variable: Each EMA has its own custom thickness
- Hierarchical: Automatically sized based on period (longer periods = thicker)
- **For beginners**: "Hierarchical" is most intuitive as longer-term EMAs appear more dominant.

🔸 EMA Line Style
- **What it does**: Sets the line style (solid, dotted, dashed) for all EMAs.
- **For beginners**: "Solid" is usually clearest unless you have many lines overlapping.

🎭 Trend Filter Colors/Width

🔸 EMA Colors (8, 21, 34, 55)
- **What it does**: Sets the color for each individual trend EMA.
- **For beginners**: Use a logical progression (e.g., shorter EMAs brighter, longer EMAs darker).

🔸 EMA Width Settings
- **What it does**: Controls the thickness of each EMA line.
- **For beginners**: Thicker lines for longer EMAs make them easier to distinguish.

🔔 How These Parameters Work Together

The power of this indicator comes from how these components interact:

1. **Base Oscillator**: The stochastic and RSI components create the main oscillator
2. **HTF Filter**: The higher timeframe filter prevents trading against larger trends
3. **EMA Filter**: The EMA filter confirms signals with price action
4. **Trend System**: The multi-EMA system identifies the overall market environment

Think of it as multiple layers of confirmation, each adding more reliability to your trading signals.

💡 Tips for Beginners

1. **Start with defaults**: Use the default settings first and understand what each element does
2. **One change at a time**: When customizing, change only one parameter at a time
3. **Keep notes**: Write down how each change affects your results
4. **Backtest thoroughly**: Test any changes on historical data before trading real money
5. **Less is more**: Sometimes simpler settings work better than complicated ones

Remember, no indicator is perfect - always combine this with proper risk management and other forms of analysis!