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Trading Made Simple

  • #92,661
  • Dec 25, 2018 1:21am Dec 25, 2018 1:21am
Quoting AkronD
{quote} I was wondering if you guys had seen this with the TDI EA, I'm using the one from Big E in the Original Post. TDI Red Green. I took profit on this trade: +21 pips - this question is to do with TDI repainting. Before Image (Screenshot1): * I Entered on this trade as i saw a nice bounce of a flat Green line. {image} After Image (Screenshot2): * The TDI looks different of how i entered - it now seems the bounce i saw earlier is gone {image} I have been trying to understand the repainting of the indicator in this and various other forums - but...
Post 22
  • #92,662
  • Dec 25, 2018 3:22am Dec 25, 2018 3:22am
Emmanuel,
I know you are very professional trader ,you learn by heart what did Big E taught us ,so each of time every one need help ,you can pull all the stuff and show them I respect your help and your time to spend with us .Merry Christmas to your family and Happy New Year Emmanuel ! I follow your thread and try to learn alot before ask you questions and everyone in this forum .Merry Christmas to all .Thanks for the opportunity to learn from all your guy threads .Without your threads I know nothing even I have not trade yet .
  • #92,663
  • Dec 25, 2018 8:22am Dec 25, 2018 8:22am
Quoting AkronD
{quote} Quick update: Hit the TP for +21 pips. That i That is a nice checklist tekkies - i will incorporate for the next trades. As a matter of clarification - In the picture: "Tweak" means bounce?
Sorry misunderstood your post.
No it does not.

#270...............If the TDI straight green line tweaks it's angle... pay close attention... check everything... it's warning you something has changed or is about to...
#274...............TDI Tweaks... It doesn't mean you have to exit the trade... it's a heads up so pay attention...
#276 already on check list
#340.............. Note the green line has tweaked to the right twice... We are way above the TDI 68 Line... Will be turning, soon. Keep an eye on it.............
#353.............. no trade here... Candle 4 is pulling back, TDI has tweaked... reversal coming...
#1073............ Oh man... what a trade.... easy money... TDI starts at 5pm angle and tweaks to 5:45pm angle.... who caught this?
  • #92,664
  • Edited 7:10am Dec 27, 2018 3:57am | Edited 7:10am
One you have tweaked TMS to your understanding don't deviate from the rules.
- Angle of TDI green above or below 2 / 4
- Go for those angle's that are above or below 1 / 5 (cherry pick)
Post#6
Entries and exits...
- Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce...
- Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
Post#52
Which direction to trade the TDI... Is it going up (long) or coming down (short)... that's the direction to trade.
Post#53
I hate S/l trading. The safest way is to place your S/L at the last high or low a couple of candles back... I've never had one taken out that way...
#54
- Wait for green to CROSS RED and open your trade at the beginning of the new candle... usually candle 1 or 2.
#115
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...
Post#647:
- How close am I to the previous high or lo
- Am I in an uptrend or downtrend.. short & long term...
- Am I in or close to a consolidation area
- Are the previous candles small...
- Look at the candles on the last reversal... big, little, what
- How does the momentum look right now (12-2, 4-6)
Download BigE full.pdf or copy all of BigE's post in this thread. There is a wealth of information hidden in his posts. This is only five post that explain how to enter. Rather study every post and google for answer's to what you don't understand.
---------------
1. Any trade starts with the crossover.
2. Angle is the most important rule. (blue dot)
Test yourself if you can spot the other points form above post's.(Give 2 find the other 10 point's)
Attached Image (click to enlarge)
Click to Enlarge Name: jklkjhj.PNG Size: 54 KB
  • #92,665
  • Dec 27, 2018 8:08am Dec 27, 2018 8:08am
Quoting Tekkies
{quote} Sorry misunderstood your post. No it does not. #270...............If the TDI straight green line tweaks it's angle... pay close attention... check everything... it's warning you something has changed or is about to... #274...............TDI Tweaks... It doesn't mean you have to exit the trade... it's a heads up so pay attention... #276 already on check list #340.............. Note the green line has tweaked to the right twice... We are way above the TDI 68 Line... Will be turning, soon. Keep an eye on it............. #353.............. no...
If TDI tweaks it just means that the price is moving in the opposite direction. TDI is nothing more than an smoothed RSI with an moving average attached and RSI is the price itself.
  • #92,666
  • Dec 27, 2018 11:00am Dec 27, 2018 11:00am
Quoting Petru00
{quote} If TDI tweaks it just means that the price is moving in the opposite direction. TDI is nothing more than an smoothed RSI with an moving average attached and RSI is the price itself.
Thanks for the info which is wrong by the way.
RSI (MT4) does not have a smooth option:
1. RSI period 13, Close Price and set color to None, this will not show the RSI line.
2. MA period to 2, Simple, Close, color = Green, and Previous Indicator's Data.
3. MA period to 7, Simple, Close, color = Red, and Previous Indicator's Data.
4. MA period to 34, Simple, Close, color = Yellow, and Previous Indicator's Data.

#270.............If the TDI straight green line tweaks it's angle... pay close attention... check everything... it's warning you something has changed or is about to...
#274.............TDI Tweaks... It doesn't mean you have to exit the trade... it's a heads up so pay attention...
#276
When I see a tweak... I look for:
1. Are the candles getting smaller
2. Are the wicks starting to pull back more
3. Are we getting close to a sup/res level.
4. Is my green TDI line getting close to previous highs or lows on my TDI.
Those kind of things... being observant...
--------
Now where do you get the notation that
- That RSI is price
- Price is moving in the opposite direction?
  • #92,667
  • Dec 27, 2018 6:52pm Dec 27, 2018 6:52pm
Quoting Tekkies
{quote} Thanks for the info which is wrong by the way. RSI (MT4) does not have a smooth option: 1. RSI period 13, Close Price and set color to None, this will not show the RSI line. 2. MA period to 2, Simple, Close, color = Green, and Previous Indicator's Data. 3. MA period to 7, Simple, Close, color = Red, and Previous Indicator's Data. 4. MA period to 34, Simple, Close, color = Yellow, and Previous Indicator's Data. #270.............If the TDI straight green line tweaks it's angle... pay close attention... check everything... it's warning you...
TDI as an indicator it is just a smoothed RSI with a moving average attached, i see this thread sees TDI as holy grail of indicators, i said purely what it is. As the TDI formula says (moving average 2 of rsi 13 for the green line and moving average 7 of "the moving average 2 of rsi 13" for the red line.

When TDI tweaks something already happend with the price, TDI just follows the price, it is a lagging indicator.
RSI literally just copies the price (price moves down, rsi moves down, price moves up, rsi moves up).
You can replace TDI with EMA 5 and get literally the same results.


Petru
  • #92,668
  • Dec 27, 2018 7:10pm Dec 27, 2018 7:10pm
Quoting Petru00
{quote} TDI as an indicator it is just a smoothed RSI with a moving average attached, i see this thread sees TDI as holy grail of indicators, i said purely what it is. As the TDI formula says (moving average 2 of rsi 13 for the green line and moving average 7 of "the moving average 2 of rsi 13" for the red line. When TDI tweaks something already happend with the price, TDI just follows the price, it is a lagging indicator. RSI literally just copies the price (price moves down, rsi moves down, price moves up, rsi moves up). You can replace TDI with...

Shut up! Dont like the thread dont post!
  • #92,669
  • Dec 27, 2018 7:13pm Dec 27, 2018 7:13pm
Quoting AkronD
{quote} South Island is fantastic - we went for our honeymoon in the Winters. Rented a car and drove all around.
that must have been a fantastic honeymoon during winter time.
Lots to do all season round - trekking the mountains, sailing the many lakes, flying and sightseeing, etc.



Great place to retire and enjoy life.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,670
  • Dec 27, 2018 7:21pm Dec 27, 2018 7:21pm
Quoting xpensive
{quote} Shut up! Dont like the thread dont post!
Excuse me?

You should be grateful to me for giving these informations.This way you can actually understand how a system or indicator actually works. But doubt these informations will make any difference in your ignorant brain. I'm sorry because i wasted my precious time

Have fun blowing accounts.

Petru
  • #92,671
  • Dec 27, 2018 7:22pm Dec 27, 2018 7:22pm
Quoting Petru00
{quote} If TDI tweaks it just means that the price is moving in the opposite direction. TDI is nothing more than an smoothed RSI with an moving average attached and RSI is the price itself.

Fozzy RSI is just a method using different moving averages to smooth the RSI data.
In the case of the TDI, the original creator used RSI period 13, and smooth the RSI data using 2 EMA, 7SMA and 34 SMA plus the Bollinger Band. There are different variations since 2007 and different traders use different versions.

When you apply different moving averages to the RSI(13) data, you can compare and see its behaviour like below.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD TDI compare w Fozzy RSI.png Size: 62 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,672
  • Dec 27, 2018 7:28pm Dec 27, 2018 7:28pm
TDI tweek and hook examples:

Tweek and Hook are different.

study the price action and how the TDI Green line responds to the price action.

Also look closely at the 'reversal' candle which Big E mentioned many times in his posts both in the old thread and in this thread. The reversal candles is very important to learn and to spot when you want to take a trade entry using HA Candles #1 and #2. Very important when you want to scalp the H4 they way Big E did. Scalping and Swing trading are different. Make sure you read all his posts in both old and new threads when you want to trade like he did.

If you take a trade entry on HA candle#3, there is also an important technical condition you must know and see on your trading charts.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD TDI tweek and hook examples.png Size: 96 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,673
  • Dec 27, 2018 7:33pm Dec 27, 2018 7:33pm
Quoting Petru00
{quote} TDI as an indicator it is just a smoothed RSI with a moving average attached, i see this thread sees TDI as holy grail of indicators, i said purely what it is. As the TDI formula says (moving average 2 of rsi 13 for the green line and moving average 7 of "the moving average 2 of rsi 13" for the red line. When TDI tweaks something already happend with the price, TDI just follows the price, it is a lagging indicator. RSI literally just copies the price (price moves down, rsi moves down, price moves up, rsi moves up). You can replace TDI with...
Hi Petru00,

The RSI is a useful technical oscillator. I use this for more than 20 years.

If fact, the RSI can help us determine the price trend and plus some other stuff mention in this book below.

RSI: The Complete Guide

RSI: The Complete Guide by John Hayden [download]

Trend Determination using the RSI (TDI) Post#26,774
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,674
  • Dec 27, 2018 7:40pm Dec 27, 2018 7:40pm
Quoting munchie
Emmanuel, I know you are very professional trader ,you learn by heart what did Big E taught us ,so each of time every one need help ,you can pull all the stuff and show them I respect your help and your time to spend with us .Merry Christmas to your family and Happy New Year Emmanuel ! I follow your thread and try to learn alot before ask you questions and everyone in this forum .Merry Christmas to all .Thanks for the opportunity to learn from all your guy threads .Without your threads I know nothing even I have not trade yet .

Thanks Munchie.

Merry Christmas and Happy New Year to you and your family too.

The year will come to an end soon and we shall be planning our trading in 2019.

Best wishes,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,675
  • Dec 27, 2018 7:42pm Dec 27, 2018 7:42pm
Quoting AkronD
{quote} I was wondering if you guys had seen this with the TDI EA, I'm using the one from Big E in the Original Post. TDI Red Green. I took profit on this trade: +21 pips - this question is to do with TDI repainting. Before Image (Screenshot1): * I Entered on this trade as i saw a nice bounce of a flat Green line. {image} After Image (Screenshot2): * The TDI looks different of how i entered - it now seems the bounce i saw earlier is gone {image} I have been trying to understand the repainting of the indicator in this and various other forums - but...

What happened in the case of GBPUSD?

False TDI signals when there are price gaps.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD price gap floating man.png Size: 441 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,676
  • Dec 27, 2018 7:56pm Dec 27, 2018 7:56pm
GBPUSD Week 52 Dec 24 to 28

Worst week of the year to trade and especially when you see that Week 50 High Low and Week 51 range, you wont find a swing to 3 to 8 H4 candles (Post#647).

Do waste your money trading this week.

Be patient and wait will Jan 07 week to open.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 52 H4 ranging.png Size: 70 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,677
  • Dec 28, 2018 12:53am Dec 28, 2018 12:53am
@emmanuel7788
after searching and reading PA investing time on TDI the first trade is in profit
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-12-28_11-04-11.jpg Size: 367 KB
Trading is about paying attention. Davit
  • #92,678
  • Dec 28, 2018 1:00am Dec 28, 2018 1:00am
@emmanuel7788

thank full to you i stopped trading when you ask and start learning PASR got many thing in this thread and got from out side searched videos on the youtube understands TDI cross overs under stand the Support Resistance but i have much to learn i will never stop it
Trading is about paying attention. Davit
  • #92,679
  • Dec 29, 2018 5:45am Dec 29, 2018 5:45am
Quoting Petru00
{quote}...........TDI just follows the price, it is a lagging indicator........You can replace TDI with EMA 5 and get literally the same results. Petru
Something to read-up about lagging indicators: https://www.tradeciety.com/is-price-action-better-than-indicators/

Now why would BigE implement a method that use two "lagging" indicators that would display the same information.
Maybe you missed those posts where members discussed 5EMA: Post 309, Post 718
---
Now what useful information did you actually supplied?
  • #92,680
  • Edited 8:38am Dec 29, 2018 8:16am | Edited 8:38am
Quoting Tekkies
{quote} Something to read-up about lagging indicators: https://www.tradeciety.com/is-price-...an-indicators/ Now why would BigE implement a method that use two "lagging" indicators that would display the same information. Maybe you missed those posts where members discussed 5EMA: Post 309, Post 718 --- Now what useful information did you actually supplied?
I am just wondering what is the role of so many indicators in this system

1. TDI in 95% of cases crosses at the first heikin ashi candle
https://www.tradingview.com/x/8RJQcbDn/
Literally every heikin ashi candle with a decent length will trigger a cross on TDI. So what exactly is the use of TDI if you use heikin ashi? They are literally saying the same thing

2. Stochastic and TDI will always show the same direction because both are momentum indicators
https://www.tradingview.com/x/4D314SQZ/
There is literally no case when stochastic doesn't agree with the TDI because they calculate the same thing

3. Heikin Ashi is literally normal candlestick closed above or below exponential moving average 4.
Any normal candlestick closed above ema 4 will print a green candlestick on heikin ashi chart and every candlestick closed below ema 4 will print a red candlestick on a heikin ashi chart.

I marked with blue bullish crosses between price and ema 4 and with red bearish crosses between price and ema 4.

Normal candlestick chart:
https://www.tradingview.com/x/8uSiKB3T/

Heikin ashi chart:
https://www.tradingview.com/x/Oq5WYCHF/

Verify these informations if you do not believe me

So my question is: What is the role of all these indicators? Why not just use ema 4?



Petru
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