TDI-ADX System (swing trading using TDI) 113 replies
TDI-MTF Indicator 11 replies
DislikedI have a NZD/USD daily trade open, where I've taken 1/2 profit and the rest is at BE.
I will now try to add to my positin on the H1.Ignored
DislikedYes the e/u did hit the s/l. It's still a valid setup on the daily so in line with post #1 I'm still going to try and reenter on the H1.
Just a note:
Everyone feel free to ask any questions on any particular trades you saw or were wondering about, as I'm not going to update every trade on every pair. Just don't have the time and I didn't want this to be a trade journal.
DislikedMaybe there could be some rule about if the green crosses the red immediately back in the direction of the original trend, regardless of the blue lines, then one can continue to enter trades in the direction of the original trend. Especially a trend as strong as this has been?Ignored
DislikedI tend to agree with you, although I would hesitate to call it a rule. It just demonstrates that it's difficult to have hard and fast "rules" on a strategy. It takes a level of participation on the part of us as "traders".
It will be a learning opportunity.Ignored
DislikedGlad to hear you're having success dafox. I too am back short on a/u and g/u. Long on u/cadIgnored
DislikedI don't know much about linking excel to mt4 either though I'll do a search on ff for threads on the subject later.
DislikedHi Spyderman, I have read the thread twice and set the template up.
I see on the Eur/Gbp daily chart TDI green went outside the Orchid bands and crossed back down over the Red line signalling a short trade.
Do you wait for the D1 candle to close before opening the position?
S/L looks to be about .8103, is that where you see it?Ignored
With regards to reversing signals on the daily chart, you may consider Malone's use of the Market Base Line in his TDI. Perhaps, reversal is confirmed when price crosses this level.
"Yellow line trends up and down generally between the lines 32 & 68. Watch for Yellow line to bounce off these lines for market reversal. Trade long when price is above the Yellow line, and trade short when price is below."