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  • #104,741
  • May 27, 2020 2:03pm May 27, 2020 2:03pm
Quoting lddd
{quote} No Tekkies actually i followed a TDI H1 Signal here that gave a steep angle after it closed above the ma. As I entered it made good upward move before and even the H4 candle was bullish at that time. That’s just how very bad predictive the TDI is.
TDI does not predict anything! TDI is showing you smoothed lines of a 13 period RSI calculation. So you are looking at what has ALREADY HAPPENED, not making any predictions. However, there is indeed a TENDENCY for price to continue further up when the TDI green line has a steep up slope. And, if you look carefully at the price and the TDI green line after that first yellow vertical, they indeed adhered to the TENDENCY to continue up! How FAR up it will go before turning back, no one knows. If you actually entered a buy at the good entry spot, only your trade management will determine if you end with a winner or loser.
To free Gazans of Hamas, use whatever it takes.
  • #104,742
  • May 27, 2020 2:05pm May 27, 2020 2:05pm
Quoting DrDave
{quote} Then your broker screwed you, because even if you entered with a market buy at the OPEN of the bar AFTER the first yellow vertical, around 1.3770, your actual entry shown on your chart is way up at about 1.3820, 50 pips away!!!
Everything fine. I did 2 more trades today and i just had the wrong trade in mind. So you guys are correct. The entry was late but it doesn't explains what i actually tried to say. Its more often like that when i enter a trade that "momentum" is always over after the second HA bar (no matter what time frame i look and make the entry) and then making smooth long moves of dozens of HA candles when it catched me on the wrong side. Maybe the TDI doesn't likes me :-)
  • #104,743
  • May 27, 2020 2:23pm May 27, 2020 2:23pm
Quoting emmanuel7788
{quote} Hi Jan the 'TDI H4 Cross (Static)' alert function using TMS_V19_MTF EA waits for the H4 candle to be CLOSED. (Dynamic) setting does not. the difference: with the (Static) setting, you trade only APB/HA candle#2 because the rule is candle#1 must be closed for a confirmed setup with all pre-conditions. with the (Dynamic) setting, you can jump into a trade during APB/HA candle#1 provided all the other selected pre-conditions are there for example the PA above /below the 5EMA, plus if the Stoch selected, etc. the are many possible configurations...
Thanks for the info emmanuel

When you say APB/HA is it the Synergy APB candles you use?
  • #104,744
  • May 27, 2020 2:23pm May 27, 2020 2:23pm
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-h4-fxopen-investments-inc-2.png Size: 37 KB


Notice the H4 bar where i entered quiet at the high of that candle. You also had a H4 TDI Cross, at time i entered here it gave a very steep 12-1 clock angle i think and stock was pointing up as well (stoch not on that chart, sorry).

Now lets expect a 3-8 bullish HA H4 candles hah. I will stick to that bastard, lets see... Still far away from a margin call...
  • #104,745
  • May 27, 2020 2:25pm May 27, 2020 2:25pm
Quoting lddd
So what does the average run of 3-8 candles helps?
DUH! Because if you missed entering by bar 2, you know that the probability of the swing continuing in your direction goes down with each bar beyond the 2nd bar, so it is a FILTER that will (possibly) keep you from entering on bar 4, 5, 6, 7, 8, 9, ...., even if you THINK it looks like the swing is progressing very strongly.

Quoting lddd
Have you watched the big down move on the left side of the UCAD chart. It was about 20 bearish HA H1 candles, i think 19 exactly. So why does it always run only 1 candle before it collapses when I enter a trade without any chance to reach a decent RR here but on the other hand runs 20 or more candles for a 100 pips when its against me?
Have you actually studied charts to determine what is a "normal" range for swings to go? Even without much study, I am confident that you will find that 19 HA bars is not "normal"! You need to look at the inter-relationship of larger and smaller charts when you evaluate the swings. When H1 makes swings of more than 10 HA bars, what does H4 look like? Can that explain it? If no, what does H8, H16, D1, W1... look like until you see a likely reason.
(There will ALWAYS be some outliers that seem to have no explanation, but that is not a surprise because the Money Makers Takers can do some "unusual" things.)

Quoting lddd
So why does it always run only 1 candle before it collapses when I enter a trade without any chance to reach a decent RR here but on the other hand runs 20 or more candles for a 100 pips when its against me?
Does that actually happen? You collected data so that you could calculate this occurrence?? I suspect not; sounds like an emotional outcry to me.
To free Gazans of Hamas, use whatever it takes.
  • #104,746
  • May 27, 2020 2:28pm May 27, 2020 2:28pm
Quoting jan.forex
{quote} Thanks for the info emmanuel When you say APB/HA is it the Synergy APB candles you use?
It makes no difference in the long run if you use APB or HA bars. Just like it makes no difference in the long run if you use EMA(5) with shift 2 or with shift 3.
To free Gazans of Hamas, use whatever it takes.
  • #104,747
  • May 27, 2020 2:41pm May 27, 2020 2:41pm
Quoting lddd
{image} Notice the H4 bar where i entered quiet at the high of that candle. You also had a H4 TDI Cross, at time i entered here it gave a very steep 12-1 clock angle i think and stock was pointing up as well (stoch not on that chart, sorry). Now lets expect a 3-8 bullish HA H4 candles hah. I will stick to that bastard, lets see... Still far away from a margin call...
No way I would make a buy on H4 after a top wick that is nearly twice the size as the body! However, I WOULD look at both the H1 and M15 when that H4 bar closed to see what they are doing. And those 2 are telling me WAIT to see how far M15 falls before it swings back up. IF it does not fall too much AND H1 does not fall, THEN I would buy the M15 up continuation. But it looks like that will probably happen late in the off hours, so I would not be entering then anyway.

(We see that H1 has ALREADY fallen as well).

You do have a POSSIBILITY of still getting out with a win, because at the moment, it looks like H1 is making a pullback, so the expectation is that it will later make an up continuation to go into profit for you. No sign yet of the pullback ending, but still a lot of room below before it would go bust.
To free Gazans of Hamas, use whatever it takes.
  • #104,748
  • May 27, 2020 2:43pm May 27, 2020 2:43pm
Quoting lddd
{image} Notice the H4 bar where i entered quiet at the high of that candle. You also had a H4 TDI Cross, at time i entered here it gave a very steep 12-1 clock angle i think and stock was pointing up as well (stoch not on that chart, sorry). Now lets expect a 3-8 bullish HA H4 candles hah. I will stick to that bastard, lets see... Still far away from a margin call...
i think it a right entry for the H4 time frame u got in in the right candle but u didnt wait for its close or may be the angle then was good
Attached Image (click to enlarge)
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  • #104,749
  • May 27, 2020 2:44pm May 27, 2020 2:44pm
Quoting jan.forex
{quote} Thanks for the info emmanuel When you say APB/HA is it the Synergy APB candles you use?
Switch from EMA(5) shift 2 to shift 3; it will give you slightly more conservative entries. Your blue bar would not have closed above a shift 3, so you would never have considered a buy.
To free Gazans of Hamas, use whatever it takes.
  • #104,750
  • May 27, 2020 2:56pm May 27, 2020 2:56pm
Quoting DrDave
Does that actually happen? You collected data so that you could calculate this occurrence?? I suspect not; sounds like an emotional outcry to me.
Well the data would not help much. I could post all my trades which i at least "tried" to follow the rules but most of them for sure haven't been according to the rules. The reasons for it are that there are no rules at all.

If i would just have followed TDI cross overs and the outcome is negative people would blame me for not adding post #647.

If adding post #647 people would blame me because maybe not "analysed correctly" what BigE might did mean with his subjective words about what a big candle, small candle, last swing low/high, S/R or the so often talked about overall "market condition" would look like.

Isn't that exactly what i am trying to say since i am here? The "strategy" cannot produce any data we could analyse. It would be already great if it would offer some valid data to ME ONLY. But this data can't be produced because of all the subjective analyzing bullshit i have to do on each new setup.

I would be happy to someone offer a more non-subjective REAL TRADING PLAN including not only a few indicators settings but also a SOLUTION for getting data after 100 trades where i could say, wow the system has a probability or wow it does not.

Everything you get here is either a Master Trader with 30 years experience but cannot explain how to setup a simple trading plan i could follow day in day out leaving out all the subjective technical chart analyse stuff for now or at least give CLEAR fixed defined criteria for that i can replicate each day by what ever a moving average acting as my longer term trend, a pivot point as my support or resistance, a ADR for my "market condition". The TDI good step angle cross with Stoch in alignment isn't to hard to see. But it doesn't helps if leaving out all the other parts.

A mentor, well there is no mentor here. I only know about a few traders but they are very long term and more follow a fundamental approach. Any others either can't provide at least a 1-2 years positive track record and actually show me that so i know i am not getting teached by a self claimed professional or on the other hand are simply not located where i am.
  • #104,751
  • May 27, 2020 3:32pm May 27, 2020 3:32pm
Quoting samobeast
{quote} i think it a right entry for the H4 time frame u got in in the right candle but u didnt wait for its close or may be the angle then was good {image}
Yes but the author of this strategy left us with enter when you see green on the other side of red, so in this case it was on the other side no matter if that candle closed or not. But it’s doesn’t really matter if it’s closed or not because even if it closed and you enter on the second candle it does not move your odds of success by 1%. A Lot of times you will more like ask your self why waited for candle 2 to open just to see during that 4 hours period it will change color reverse back on you and then you wished your entry would have been earlier, so at least you had a chance to get out of the trade with a small loss or small win or maybe even break even.
  • #104,752
  • May 27, 2020 6:01pm May 27, 2020 6:01pm
Quoting Tekkies
Beautiful hindsight trading. ---- Look what TDI did with out counting 1 2 3 4 5. {image}

the usual trickery to mislead people here.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies # 104,725 28-5-2020 6-49-00 am.png Size: 458 KB


see the full picture below of my post.

Tekkies missed looking to the left where the most recent swing low ... SUPPORT was.
original post link
Post#104,690
https://www.forexfactory.com/showthr...4#post12965464

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF May 27 H4 10PM PDT 27-5-2020 4-00-35 pm.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,753
  • May 27, 2020 6:04pm May 27, 2020 6:04pm
Quoting jan.forex
{quote} Thanks for the info emmanuel When you say APB/HA is it the Synergy APB candles you use?

yes, the same Synergy APB which the OP downloaded from the same CompassFX website years ago. He refer the APB as HA candles in his posts.

the APB used by Dean Malone ' Synergy system is not the same as the common HeikenAshi.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,754
  • May 28, 2020 12:16am May 28, 2020 12:16am
TMS Monitor May 28 H4 10PM PDT

if you see anything you have in your trade plan, go for it!

there is enough time till the next big news ...

I picked one ... "picking bottom" trade.
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor May 28 H4 10PM PDT 28-5-2020 1-11-29 pm.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,755
  • May 28, 2020 12:22am May 28, 2020 12:22am
Quoting lddd
{image} Notice the H4 bar where i entered quiet at the high of that candle. You also had a H4 TDI Cross, at time i entered here it gave a very steep 12-1 clock angle i think and stock was pointing up as well (stoch not on that chart, sorry). Now lets expect a 3-8 bullish HA H4 candles hah. I will stick to that bastard, lets see... Still far away from a margin call...
There are 29 H4 candles in one week (some brokers have 30) . If each swing is 3 to 8 candles, what is the market type condition in the week?

Attached Image (click to enlarge)
Click to Enlarge Name: lddd #104,746 28-5-2020 12-59-08 pm.png Size: 212 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,756
  • May 28, 2020 12:44am May 28, 2020 12:44am
Quoting samobeast
{quote} 2nd yellow angle not good and size of candle not good any other criteria to go short
Since that post, did not looked at USDCAD again.

From that picture alone:
- previous bar's small
- those small bar's > beginning of consolidation
- Green angle "looks" above 4
- Maybe on top of support zone (two bars extreme left + two bar's next to 0 bar)
No trade, come back in a hour.
  • #104,757
  • May 28, 2020 1:44am May 28, 2020 1:44am
Quoting lddd
{quote} Yes but the author of this strategy left us with enter when you see green on the other side of red, so in this case it was on the other side no matter if that candle closed or not. But it’s doesn’t really matter if it’s closed or not because even if it closed and you enter on the second candle it does not move your odds of success by 1%. A Lot of times you will more like ask your self why waited for candle 2 to open just to see during that 4 hours period it will change color reverse back on you and then you wished your entry would have been...
Iddd, would you trade this setup?
(Give reasons for yes or no)
Attached Image (click to enlarge)
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  • #104,758
  • May 28, 2020 2:14am May 28, 2020 2:14am
Quoting emmanuel7788
{quote} There are 29 H4 candles in one week (some brokers have 30) . If each swing is 3 to 8 candles, what is the market type condition in the week? {image}
Why count the H4 entry candle as candle 4? You began your calculation picking 3 candles before that candle, why not picked 4 candles before, than it would be candle 5 instead 4 ... I don´t get what this should help or say?

Regarding the market type condition. Well if there were more bear candles for the week i would say the PAST week was down, if there were more bulls candle i would say the PAST week was more like up, if there were almost equal candles between bulls/bears i would say the PAST week was sideways.

Now can you also tell me how this past information should help me for a setup i get on monday of the next week? How to say even with having more bear candles printed for that past week that "trend" is going on for the next week? You say i was buying on/after a strong down move. Well sure i did because i was expecting at leas a "correction" to the upside instead of selling into an already long lasted selling period.

Do you have any proof otherwise that selling only AFTER a bearish week will MORE OFTEN result in another bearish week than it does not? Have you backtested this on a reliable set of data?

I do get what you are trying to say. "Trade with the trend". But it simply does not say how i would determine the trend in some objective way (not counting swing lows highs without even declaring how much highs or lows are enough or trying to apply any of that other subjective wave theory things like elliot wave provides).

Also it does not help with the problematic i stil have with what kind of preparation steps to do day in day out. Watching 28 charts for example manually or having some kind of alert, if so what alert would really help make it clear? Making a top down analyses every weekend does probably not much help trading intraday for a 20 Pips profit target on M1-M15 as example. Also it does not not help what i would do if there is simply no trend to spot every day i could apply trading the TDI with by either watching tons of charts manually for hours or waiting for a signal when every time i get that signal "market condition" is not right. So i need an easy objective way to filter out all these "wrong" market conditions even before or at least at the time I get that intraday signal. So i know what setup to pass because its against the direction of that PAST spotted trend...

  • #104,759
  • May 28, 2020 2:30am May 28, 2020 2:30am
Hi,
For all senior traders who already familiar with this concept, I'd like to ask.
From what I've read, there's no such rule that says : whenever we see signal from TDI valid (e.g. green line above red for long), we still have to wait H4 candle close first to confirm TDI signal.
Is it true that we don't have to wait for closed H4 candle?
It yes, does it mean whenever we see signal from TDI, then find 'best' place from lower TF?

Could someone help me on this? Thanks before.
  • #104,760
  • May 28, 2020 2:31am May 28, 2020 2:31am
Quoting Tekkies
{quote} Iddd, would you trade this setup? (Give reasons for yes or no) {image}
Yes By Following the Big E's simple Rule..

Green Cross Red...Entry on 1st or 2nd Candle..it was a perfect entry example
Regret is Brutal
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