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Trading Made Simple

  • #86,921
  • Edited 5:59am Apr 28, 2018 5:38am | Edited 5:59am
Quoting Tekkies
{quote} Closed order. Reason : The show is over, looking at the higher time-frames GU is going to bump Support, some red new's, weekend. Can always enter again. {image}
Hi, Tekkies
Good trade! I think that move was a reaction to the new. Good catch anyway. I have a question. If you didn't enter at green line in my attached picture, why is that? (it looks it fulfills your entry conditions). Although I haven't regularly read your postings, it seems you don't really care about TDI angles. (ex: https://www.forexfactory.com/showthr...5#post11002895).
Attached Image

Thanks,
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #86,922
  • Edited 7:58am Apr 28, 2018 7:25am | Edited 7:58am
Quoting heispark
{quote} Hi, Tekkies Good trade! I think that move was a reaction to the new. Good catch anyway. I have a question. If you didn't enter at green line in my attached picture, why is that? (it looks it fulfills your entry conditions). Although I haven't regularly read your postings, it seems you don't really care about TDI angles. (ex: https://www.forexfactory.com/showthr...5#post11002895). {image} Thanks,
Green line entry?.
Bullshit answer: Was not at computer.
----
heispark, I don't know. Maybe at that time the angle of green was below 2, bar's small, wick,s wrong, consloidtion

Your entry is late
Attached Image

---
Don't care about green angle.
Yes and No. In the beginning I looked at both green / red angle. Made a newbie mistake and proudly posted a post how imported red angle is.
As I began to understood what post#647 with S/R is composed off, I stared to use TDI cross / angle differently.
  • #86,923
  • Apr 28, 2018 8:45am Apr 28, 2018 8:45am
Quoting Tekkies
{quote} Green line entry?. Bullshit answer: Was not at computer. ---- heispark, I don't know. Maybe at that time the angle of green was below 2, bar's small, wick,s wrong, consloidtion Your entry is late {image} --- Don't care about green angle. Yes and No. In the beginning I looked at both green / red angle. Made a newbie mistake and proudly posted a post how imported red angle is. As I began to understood what post#647 with S/R is composed off, I stared to use TDI cross / angle differently.
Thank you for your feedback. At the bar you suggested, I don't think TDI's crossed.
Attached Image

Attached Image


I guess your entry is not necessarily at the TDI crossing. You need TDI touching or crossing and you watch good shape of Stochastics...

In your early example, the cross was also weak (almost touching):
Attached Image

Attached Image


You says "no cross, no trade" but it doesn't make sense to me. I also think this is not what Eric intended. Is my understanding correct?
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #86,924
  • Apr 28, 2018 9:47am Apr 28, 2018 9:47am
Quoting heispark
{quote} Thank you for your feedback. At the bar you suggested, I don't think TDI's crossed. {image} {image} I guess your entry is not necessarily at the TDI crossing. You need TDI touching or crossing and you watch good shape of Stochastics... In your early example, the cross was also weak (almost touching): {image} {image} You says "no cross, no trade" but it doesn't make sense to me. I also think this is not what Eric intended. Is my understanding correct?
No wonder you are confused. You can't use TDI super imposed on a main chart. That indicator use the bar open / close high / low to plot TDI.
Look at the angle of green TDI on main chart and sub windows green TDI

You says "no cross, no trade" but it doesn't make sense to me. I also think this is not what Eric intended. Is my understanding correct?}
You decide.
---
#2 ..................green crossing red enter on that new PA candle...
#6...................We Enter a trade when green crosses red on the TDI at the beginning of that candle...
#11.................If I see a set up... green just crossing red I'll take the trade,
#54
A set up is NOT GREEN TOUCHING RED. Why? Many times green bounces back and the original direction continues. That's a bounce trade.
Wait for green to CROSS RED and open your trade at the beginning of the new candle...
#115
Here is a training chart... yes, yes, yes there are many trades on it but look at the TDI Blue boxes.
A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side).
A bounce trade is when green gets close to red but bounces away and the original trade continues are good entries generally.
I always look to the left for a possible res/sup level being near. If it's close I pass on the trade and go find another...
  • #86,925
  • Apr 28, 2018 10:06am Apr 28, 2018 10:06am
Quoting Tekkies
{quote} No wonder you are confused. You can't use TDI super imposed on a main chart. That indicator use the bar open / close high / low to plot TDI. Look at the angle of green TDI on main chart and sub windows green TDI You says "no cross, no trade" but it doesn't make sense to me. I also think this is not what Eric intended. Is my understanding correct?} You decide. --- #2 ..................green crossing red enter on that new PA candle... #6...................We Enter a trade when green crosses red on the TDI at the beginning of that candle......
Ok, I see...
So this is crossed by definition....
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 2018-04-29 , 오전 12_04_45.png Size: 27 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #86,926
  • Apr 28, 2018 11:20am Apr 28, 2018 11:20am
Quoting heispark
{quote} Ok, I see... So this is crossed by definition.... {image}
Really?
Attached Image
  • #86,927
  • Apr 28, 2018 12:54pm Apr 28, 2018 12:54pm
Quoting Malony
Hidden
Malony, do you bring anything except negatives?
  • #86,928
  • Edited 9:31pm Apr 28, 2018 9:00pm | Edited 9:31pm
Quoting Tekkies
{quote} Really? {image}
Yes, drawing TDI with MA seems inaccurate sometimes as you said, I agree. But what I was talking about was the last bar (your entry candle) on the image.... it barely crossed... anyway never mind. I think I can understand your strategy now.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #86,929
  • Apr 28, 2018 9:24pm Apr 28, 2018 9:24pm
Quoting heispark
{quote} Yes, drawing TDI with MA seems inaccurate sometimes as you said, I agree. But what I was talking about was the last bar on the image....
TDI Compare different versions

well, simple is to place both versions of the TDI indicators and run in the strategy tester and compare the actual results.

note the TDI Red Green in post#25 repaints all bars in the history when charts refreshed.

this is reason why when you study Big E training charts, all his training charts are refreshed charts hence the TDI cross are not what they were in realtime market.
The TDI Red Green(post#25) when refreshed will look exactly like the TDI_RT realtime version.
One reason why many lose money trying to trade like him and without good knowledge in how he read price action.
My verdict is: Use the TDI RT version and always wait for the price bar /candle to close to confirm that the Green cross Red.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H1 TDI compare verdict.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,930
  • Apr 28, 2018 9:34pm Apr 28, 2018 9:34pm
Learn from POMO charts

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 17 Apr 27 H1 POMO.png Size: 79 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,931
  • Apr 28, 2018 9:57pm Apr 28, 2018 9:57pm
Now we compare the TDI Red Green (Post#25) with the update to date TDI_Pro settings.

I use the TDI Pro settings and it work a lot better with more information for trade decisions.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 17 Apr 27 H1 POMO.png Size: 79 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 17 Apr 27 POMO with TDI Pro.png Size: 100 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,932
  • Apr 28, 2018 10:22pm Apr 28, 2018 10:22pm
Different Trade Exit management

Big E using TDI Red Green (post#25)

and

using THV CaveManager EA

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 17 trade management styles.png Size: 126 KB


You learn them, you know them and understand them both, and you decide which is better for your own trading style.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,933
  • Apr 28, 2018 10:42pm Apr 28, 2018 10:42pm
By the way, X-Man is back posting in his thread again.

If you want to trade H1 and H4, he is the best.

Here is the link:

https://www.forexfactory.com/showthr...5#post11008065
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,934
  • Apr 29, 2018 12:19am Apr 29, 2018 12:19am
Quoting emmanuel7788
Now we compare the TDI Red Green (Post#25) with the update to date TDI_Pro settings. I use the TDI Pro settings and it work a lot better with more information for trade decisions. {image} {image}
Hi, Emmanual
My understanding is that golden cross cannot be confirmed until the second vertical line bar closes. If the second bar moved high up (instead of down), TDI would have printed nice bounce... Am I correct? I am a bit confused...
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #86,935
  • Apr 29, 2018 12:48am Apr 29, 2018 12:48am
Quoting heispark
{quote} Hi, Emmanual My understanding is that golden cross cannot be confirmed until the second vertical line bar closes. If the second bar moved high up (instead of down), TDI would have printed nice bounce... Am I correct? I am a bit confused... {image}{image}

Yes. You are correct .

It has to be the second line as shown on my earlier chart posted when that price bar/candle closed.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 17 Apr 27 POMO with TDI Pro.png Size: 100 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,936
  • Apr 29, 2018 12:54am Apr 29, 2018 12:54am
Here is a weekend exercise for those who want to use THV CaveManager CM for trade management.

Look at the chart below.
Assume you entered a buy with bar/candle 1 or 2 and use CM to manage the trade exit with Trail_by_Prev candle low.

Which bar/candle will your exit trailing SL be hit?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD D1 chart trade exit management.png Size: 76 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,937
  • Apr 29, 2018 1:20am Apr 29, 2018 1:20am
10 post where to enter and everyone miss the bus:

#6...................We Enter a trade when green crosses red on the TDI at the beginning of that candle
#115......A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side

Keep it simple.
  • #86,938
  • Apr 29, 2018 1:26am Apr 29, 2018 1:26am
Quoting emmanuel7788
{quote} Yes. You are correct . It has to be the second line as shown on my earlier chart posted when that price bar/candle closed. {image}
It tells many things. When people do backtesting many people mistakenly think as if they can see the future. When we wait TDI confirmation, entry is often one bar late and prone to be trapped. If momentum is strong enough, it still can continue for several bars as Eric expected, but many times it will fail (more often fails theses days? not sure). Regarding the TDI Eric used, I think it often shows signal one bar early. That's no wonder because repainting indicators often give earlier signals at the cost of more false signals (and people don't know it from historic charts). It could be either intentional or accidental. Anyway, this (original) system depends on PA + repainting indicator. (repainting TDI could be not very useful for some people, and non-repainting TDI could be not very useful for some people as well because of the reason I explained.) For the Tekkies' charts, even if he says he enters at TDI crosses, I think it's not true. He often enters before confirmation and uses his PA reading, Stochastics and whatever to add up his odd. (I personally believe he's a profitable trader anyway.)

The following is another example. When a bar completed, we got TDI confirmation (Eric might have bought this signal). It turned out to be an immediate loser. If it was successful, many people would have posted their hindsight charts and started talking about how great TDI was....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #86,939
  • Apr 29, 2018 1:59am Apr 29, 2018 1:59am
Quoting heispark
{quote} It tells many things. When people do backtesting many people mistakenly think as if they can see the future. When we wait TDI confirmation, entry is often one bar late and prone to be trapped. If momentum is strong enough, it still can continue for several bars as Eric expected, but many times it will fail (more often fails theses days? not sure). Regarding the TDI Eric used, I think it often shows signal one bar early. That's no wonder because repainting indicators often give earlier signals at the cost of more false signals (and people...
Whether the re-painting was coded with intention or not will remain a mystery. But if we have downloaded the TDI from that CompassFX in 2006 before Jun 2007, that version is what Big E posted in Post#25. But when he made later posts in 2007 and 2008 saying to download the TDI from that website, the later version was updated to realtime and non-repainting. This is the 'problem' with TMS here.
Then after that, sometime in 2009/201, there was again a new version know as Fast TDI and 2 years later the TDI_Pro.

An aggressive entry would be APB/HA \#2 i.e. after APB/HA #1 closed when using the TDI Red Green (Post#25).

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H1 POMO TDI APB 1 and 2.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,940
  • Apr 29, 2018 2:03am Apr 29, 2018 2:03am
Quoting emmanuel7788
Now we compare the TDI Red Green (Post#25) with the update to date TDI_Pro settings. I use the TDI Pro settings and it work a lot better with more information for trade decisions. {image} {image}
what about rsx tdi ?
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