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- Ronin- replied Jan 24, 2023
Today's trade (24 Jan 2023), on EURUSD 15min chart: 1) TMA8 > TMA26, therefore looking for a put trade. 2) Hi to TMA26 is ~14 pips, so ok range. 3) TMA8 about to cross below TMA26. 4) Again price reached the 50% TP before focal point appeared (this ...
Tillman Method Revisited
- Ronin- replied Jan 23, 2023
The next part is the obligatory arrow indicator for the method; not as simple as it may seem. Expert advisor has been made etc...
Tillman Method Revisited
- Ronin- replied Jan 23, 2023
Any example of the method today (23 Jan 2023), on EURUSD 15min chart: 1) TMA8 > TMA26, therefore looking for a put trade. 2) Hi to TMA26 is 20-19 pips, so ok range. 3) TMA8 about to cross below TMA26. Waited about 2-3 hrs for this to happen; price ...
Tillman Method Revisited
- Ronin- replied Jan 23, 2023
The technical details of the method: Note: This is a slow method as we are waiting for a specific event to occur first before making a decision to trade or not. The larger the timeframe the more pips between the low / high to focal point; therefore ...
Tillman Method Revisited
- Ronin- replied Jan 22, 2023
The next indicator is the calculator which provides the calculations for the method from the focal point to the Hi and Lo in pips and monetary value. Adjust the input values for lot size being used for puts and calls and the target lot / pip size ...
Tillman Method Revisited
- Ronin- replied Jan 22, 2023
Attached is template for above indicators. Change chart color, bar type etc as you feel. This is the basic template to start with; more advanced templates will be added as the method is explained further and the advanced indicators are added. This ...
Tillman Method Revisited
- Ronin- replied Jan 22, 2023
Please find attached the Zigzag indicators used. ZigZag Ace is used to define the values of the high and low to the focal point. ZigzagExtras v1.5 BT is used to see the change to a new low / high looking at the breakouts. The ZigZag indicators use ...
Tillman Method Revisited
- Ronin- replied Jan 22, 2023
Please find attached the TMA indicators used. These are set to 8 and 26 respectively. As stated in previous posts and everywhere TMA is mentioned, the indicator extrapolated data is recalculated every new bar. i.e repaints and so can not be relied ...
Tillman Method Revisited
- Ronin- replied Jan 20, 2023
Today's (20 Jan 2023) trade, EURUSD 15min chart, how not to trade this method and still have confidence it will work out fine! Entered put trade on arrow pointing to right of screen as price crossed below both TMAs believing the focal point will ...
Tillman Method Revisited
- Ronin- replied Jan 19, 2023
Zigzag, bollinger bands and Tillman. I was taught years ago that when price is outside a bollinger band it is overbought/oversold; yet trying to trade this event was never consistent or profitable even when tested / traded by expert advisor. Reading ...
Tillman Method Revisited
- Ronin- replied Jan 19, 2023
This is how it looks in MT4 for reference. The horizontal lines dotted 50% target, solid line 100% target. These change as more data becomes available. Yellow and white arrows are work in process, ignore for now.
Tillman Method Revisited
- Ronin- replied Jan 19, 2023
This is the next chart from above, still EURUSD 15min today (19 Jan 2023), showing that the 100% target price was reached. Note the focal point has moved as the cycle developed due to the repainting of the TMAs. In this instance the focal point ...
Tillman Method Revisited
- Ronin- replied Jan 19, 2023
The above are basic examples of the method without the indicators calculating the pips etc. I will continue to post how the method works with logically reasoning and then provide the indicators etc... This will allow for a more informed technical ...
Tillman Method Revisited
- Ronin- replied Jan 19, 2023
This is the next chart from above, still EURUSD 15min today (19 Jan 2023), showing focal point recently formed, entered trade and just finished with 50% profit. What you may observe is that the last focal point tends to be taken out by the current ...
Tillman Method Revisited
- Ronin- replied Jan 19, 2023
This is an example today (19 Jan 2023), on EURUSD 15min chart of a focal point and that the pips below to the low more or less equal the pips from the focal point to the high. Approx 0.26% below and above, not an exact science. Unlike Tillman, I ...
Tillman Method Revisited
- Ronin- replied Jan 19, 2023
I will post a live example in due course, to better explain.
Tillman Method Revisited
- Ronin- replied Jan 18, 2023
The first issue to address is using moving averages that are shifted back in time to find market cycles. The current data is missing and must be extrapolated to find the focal point. See below an example from tradingfive. The black lines are the ...
Tillman Method Revisited
- Ronin- replied Jan 18, 2023
Interesting but nothing to do with trading and not Jim Tillman who trades markets! See the links in first post
Tillman Method Revisited
- Tillman Method RevisitedStarted Jan 17, 2023|Trading Discussion|18 replies
Thank you for visiting, this forum / thread chronicles the development / journey in developing a ...
- Ronin- replied May 23, 2022
Thank you for the information. Trading EURUSD 1hr chart.
Trading is as simple as 1-2-3