DislikedI tested EUR/USD, M15 & H1 with rules : - TDI M15 cross green angle between 12/2 or 4/6 - M15 stochastic going in TDI direction - TDI H1 green same angle as TDI M15 - H1 stochastic going in TDI direction Using only above rules it's not working, but on DE30, for the last three months it's working well. No attack here, i like your idea so wanted to try on forex pairsIgnored
This will not work long term. many people have tried all kinds of approaches the last 7 years after Big E died. None have posted positive results trading in live market conditions. Unless some0ne can post and show us that he has consistent profitable results for at least 36 months, then I can say the M15 and H1 TDI angle approach is a 'holy grail' method.
Instead, why don't you consider using H4 setup and then place entries in M15?
- First, wait for a H4 setup like what Big E has described in Post#261 and #Post#647.
- Then, on your M15 TMS chart, look for the price action pull back and then place your trades the same TMS setups.
I have done many different simulations during our system development and here is EU below for live data from Jan 01, 2019 to Mar 29, 2019.
My conclusion is still the same:
We should not spend too much time on TDI and Stochastics,
We should spend more on Price Action and Support/Resistance.
And we must spend even more time on Money Management, Risk Management for entries and exits, When and How to Let Profits Run.
Eventually, you need to find your WINNING EDGE and with the right mental strategies, you will realize the TDI is not in the winning edge equation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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