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Trading Made Simple

  • #111,941
  • Nov 28, 2020 2:34pm Nov 28, 2020 2:34pm
Quoting hasib
Different way of looking TDI {image}

with the HMA(12) on your price chart you don't need the TDI when you look at the HA candles PA and the 5EMA

observation by RobinHood

https://www.forexfactory.com/thread/...6#post12515516

price is 'leading' indicator
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,942
  • Nov 28, 2020 4:05pm Nov 28, 2020 4:05pm
Quoting robots4me
{quote} @DrDeceit -- you and your silly non-standard MT4 timeframes that require configuring multiple offline charts that suck the CPU-life out of an MT4 session. Why do you bother? No one else uses them. First there was H8, then H16, now W16? What is W16? There's only 52 weeks / year, so a W16 chart would have less than 4 bars / year. What are you talking about? {image} @DrDeceit -- before you post maybe learn a bit more about MT4 timeframes. With you as her mentor, no wonder @Tekkies is still struggling to compute the value of her trades. You...
Friend robots4me, I've been with you for a while and always wanted to ask for help. Does your R4M-BDX-ADR system have for MT5? I would love to have it. Sorry about my English
  • #111,943
  • Edited 5:44pm Nov 28, 2020 5:21pm | Edited 5:44pm
Quoting Tekkies
Remember that when you adjust the TDI sub window you also change how the angle looks to the eye. Narrow sub window will show more flat angle, wide sub window will show more sharp angle. Make sure all the charts have the same wide sub window. Both sub windows same width . Try not to use zoom as well.
And that alone does not leave you in doubt on what thin ice your entry is built on here? Considering in the fact your trading platforms visible conditions may change by time or you even might want to trade a day on a different system but making sure the entry criteria is same as it used to be yesterday?

To me this would be one more reason i would not want to risk any real money day by day not 100%
knowing to even have the right visual conditions like i used to have for my last trade.

You perhaps now want to argue, well then have the same computer windows proportions in place for all years of your trading career?

Hmm.
  • #111,944
  • Nov 28, 2020 7:43pm Nov 28, 2020 7:43pm
Quoting Sunfrog
{quote} {image}Hi Tekkies, For some reason I cannot send images in PMs I'm using the SIGTDIS2 indicator as you suggested for TradingView. Are these settings correct?
You can go tot his website:

https://forex-station.com/viewtopic....38#p1295362638

and use the Traders_Dynamic_Index by LazyBear

your TradingView chart will look like this:

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP H4 TDIGM 29-11-2020 9-19-54 am.png Size: 153 KB


Note: the Heiken Ashi can be modified to work the same as the Synergy Average Price Bar APB



Quoting Tekkies
{quote} Change Lenthrsi to 13. (RSI period 13) >> You have to add Stoch to your chart. >> You can use Candle bar or Heiken Ashi. --------- Remember that when you adjust the TDI sub window you also change how the angle looks to the eye. Narrow sub window will show more flat angle, wide sub window will show more sharp angle. Make sure all the charts have the same wide sub window. Both sub windows same width . Try not to use zoom as well. Give the old brain a change to look everyday at the same chart format that will allow...
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies TradingView chart.png Size: 206 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,945
  • Nov 28, 2020 10:12pm Nov 28, 2020 10:12pm
Quoting lddd
... Not only that you also pay upfront for a demo account. You pay for a demo, think about it...
@lddd -- you miss the whole point about prop trading...

1. They are not going to give you a real 100K account to prove yourself.

2. The reason a fee is charged to take the challenge is because, otherwise, everybody and their brother and sister and cousins, etc, would take the challenge. How would they then manage 1000's of bozos taking challenges, failing, trying again, complaining, etc. The purpose of the fee is to filter the serious from the non-serious. If you are good enough then you'll pass -- simple as that. And if you are not good enough then you will not pass. Sort of like trying out for a sport. And if you do pass -- wow, what a difference that could make in someone's life. @lddd -- you boast about your affluence -- fine. But not everyone is as wealthy as you. If someone is a good and consistent trader, then the cost of the fee could well be worth the opportunity to significantly improve their financial state.

3. If you pass the challenge then the benefits can be quite significant. Rather than spending the next 5 years trading your $500 USD microaccount you could instead be trading an account 100x larger. But you have to be good enough -- FTMO is not in business to throw their money away.

4. If you think you are not good enough to pass then that is fine -- don't take the challenge. And, for sure, most of us are not good enough. But here is neither the time or place to discourage someone from taking a "calculated" risk and going for it. It's only a couple hundred dollars. Life is about taking "calculated" risks -- like the first time you asked a girl for a date. The alternative is to spend your life safe in a closet -- like @Tekkies. From the nature of @hasib's posts I don't think he is ready, but I certainly admire his perseverence and drive. He may not pass the first time, but I would bet money that he eventually will.
  • #111,946
  • Nov 29, 2020 2:03am Nov 29, 2020 2:03am
Quoting emmanuel7788
{quote} with the HMA(12) on your price chart you don't need the TDI when you look at the HA candles PA and the 5EMA observation by RobinHood https://www.forexfactory.com/thread/...6#post12515516 price is 'leading' indicator
Yes EM
I have read it and I have tested it too.
MA provides the market's current direction and strength.
  • #111,947
  • Nov 29, 2020 2:24am Nov 29, 2020 2:24am
Look at the picture I have got 5 losings trade and 2 winnings trade.
by Testing many strategies I have found 2 kinds of losing trade some losing trade we can avoid by adding ideas. And some losing trade we can't avoid if we try to avoid we will miss a lot of good trade.

As van tharp explains we need to have multiple trading strategies to trade multiple market conditions. I am thinking about adding a pivot point indicator to trade ranging market.
There are many kinds of pivot point indicators, what kind of pivot you guys prefer. I will probably use a weekly or monthly pivot point indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 50 KB
MA provides the market's current direction and strength.
  • #111,948
  • Nov 29, 2020 2:43am Nov 29, 2020 2:43am
Quoting lddd
{quote} And that alone does not leave you in doubt on what thin ice your entry is built on here? Considering in the fact your trading platforms visible conditions may change by time or you even might want to trade a day on a different system but making sure the entry criteria is same as it used to be yesterday? To me this would be one more reason i would not want to risk any real money day by day not 100% knowing to even have the right visual conditions like i used to have for my last trade. You perhaps now want to argue, well then have the same...
No need to argue Iddd, that is how you see it, so be it for you.
------
What I can not understand is:
> why member's come to this thread and contumely post that this method does not work or need other indicators to what is available in post#25.
>> You don't like TDI or this method move on, you think this method needs new or other indicators start a thread, you want to change this method start a thread.

But everyday members come and bash / change / adjust what BigE has posted and boy oh boy if you dare to disagree with them, they become bulls in a china shop.

Trade save Iddd
Cheers
  • #111,949
  • Nov 29, 2020 3:03am Nov 29, 2020 3:03am
Guys Im new here... but is such amazing info what you are all sharing... seems like I need to go back to 2007 and start from the beggining... any suggestion of how to make it faster?

Thank you
  • #111,950
  • Nov 29, 2020 3:21am Nov 29, 2020 3:21am
Quoting Tekkies
{quote} No need to argue Iddd, that is how you see it, so be it for you. ------ What I can not understand is: > why member's come to this thread and contumely post that this method does not work or need other indicators to what is available in post#25. >> You don't like TDI or this method move on, you think this method needs new or other indicators start a thread, you want to change this method start a thread. But everyday members come and bash / change / adjust what BigE has posted and boy oh boy if you dare to disagree with them, they become bulls...
There is no need to argue. The OP already said this before he started this new thread.

You can trade without the TDI.


Jan 20, 2011
#3044
Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.

Jan 26, 2011
#3103
I almost always have the tdi & stoch on all my charts regardless of the method being used.

However, it's not necessary on the 5 method for me. It gives people more confidence when they have it on their charts it seems.... and it's a good confirmation to the current PA and possible trade.


Feb 12, 2011
#3418
You can trade the 5 method without the TDI if it's a problem...

PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close.

The TDI just gives me a lot more information for making my entries & exits decisions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,951
  • Nov 29, 2020 3:30am Nov 29, 2020 3:30am
Quoting hasib
Look at the picture I have got 5 losings trade and 2 winnings trade. by Testing many strategies I have found 2 kinds of losing trade some losing trade we can avoid by adding ideas. And some losing trade we can't avoid if we try to avoid we will miss a lot of good trade. As van tharp explains we need to have multiple trading strategies to trade multiple market conditions. I am thinking about adding a pivot point indicator to trade ranging market. There are many kinds of pivot point indicators, what kind of pivot you guys prefer. I will probably use...
so you want to consider pivot in your trading.

which pivot? - there is the Standard, Fibonacci, Woodie, Camarilla, ... etc.

why not create a new one and name it after you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,952
  • Edited 3:56am Nov 29, 2020 3:42am | Edited 3:56am
Quoting hasib
Look at the picture I have got 5 losings trade and 2 winnings trade. by Testing many strategies I have found 2 kinds of losing trade some losing trade we can avoid by adding ideas. And some losing trade we can't avoid if we try to avoid we will miss a lot of good trade. As van tharp explains we need to have multiple trading strategies to trade multiple market conditions. I am thinking about adding a pivot point indicator to trade ranging market. There are many kinds of pivot point indicators, what kind of pivot...

if you use TMS_V19 for filtering the 'best technical conditions setups' and use your own discretionary rules when to trade and when not to trade, the number of losing trades can be avoided.

- use Trend 2/8 and trade only in trending market
- trade only when H4 is in agreement with the TDIC1 Daily
- trade only when there is PA pattern #1 and #2 and the RSI green line slope >4.0
- Stoch must be >3.0

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H4 7 weeks.png Size: 62 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,953
  • Nov 29, 2020 4:04am Nov 29, 2020 4:04am
Quoting robots4me
{quote} @lddd -- you miss the whole point about prop trading...
An additional point I want to add is that there are many prop firms that cater to all types of traders; if you are a beginner using the T&Cs of a prop firm can instil discipline into your trading but if you already have some experience just find a firm that suits your style of trading.
  • #111,954
  • Nov 29, 2020 4:08am Nov 29, 2020 4:08am
Quoting Tekkies
{quote} No need to argue Iddd, that is how you see it, so be it for you. ------ What I can not understand is: > why member's come to this thread and contumely post that this method does not work or need other indicators to what is available in post#25. >> You don't like TDI or this method move on, you think this method needs new or other indicators start a thread, you want to change this method start a thread. But everyday members come and bash / change / adjust what BigE has posted and boy oh boy if you dare to disagree with them, they become bulls...
And of the people that declare that this method doesn't work, how many have posted data to support that? How many trades did they take in realtime--even 20??

You see that people come here and post questions about other indicators and EAs, even though BigE said do not post about other things here. You see the disrespect for BigE's wishes. Then people wonder how it got perverted into the ToxicDumpThread.
To free Gazans of Hamas, use whatever it takes.
  • #111,955
  • Nov 29, 2020 4:30am Nov 29, 2020 4:30am
Quoting DrDave
{quote} And of the people that declare that this method doesn't work, how many have posted data to support that? How many trades did they take in realtime--even 20?? You see that people come here and post questions about other indicators and EAs, even though BigE said do not post about other things here. You see the disrespect for BigE's wishes. Then people wonder how it got perverted into the ToxicDumpThread.
You mean it is like Emmanuel that post everyday to trade with out TDI and Stoch.
Everyday he makes a fool out off himself by posting chart's with TDI related indicators.
Dave, difficult to understand, you trade what you post, you post remove TDI, you remove TDI and trade with what you think is the best way to trade.
Lead by example.
------
"how many have posted data to support that"
> It is easy to post data that show why a method does not work. > Do that by don't follow the rule's.
> It is difficult to post data to show why a method does work. > The method is sound, the trader somehow always mess thing's up. You can't make mistakes (human error) when trying to proof if a method does work.
One or more slip ups the reaction will be: "I told you, it does not work, you dumb #$%$#"
------
Emmanuel, don't you think it is about time you do what you post (Post 111,951). Flapping lips about it everyday means nothing.
That Watchdog is TDI, that monitor use TDI so basically you are posting bullshit.
  • #111,956
  • Nov 29, 2020 4:51am Nov 29, 2020 4:51am
Quoting Tekkies
{quote} You mean it is like Emmanuel that post everyday to trade with out TDI and Stoch. Everyday he makes a fool out off himself by posting chart's with TDI related indicators. Dave, difficult to understand, you trade what you post, you post remove TDI, you remove TDI and trade with what you think is the best way to trade. Lead by example. ------ "how many have posted data to support that" > It is easy to post data that show why a method does not work. > Do that by don't follow the...

@Tekkies

You still don't get it.

The OP himself posted these before he started this thread.

And in this thread, he posted lots of training charts with the Stoch and TDI. It is up to the traders to learn from the OP posts and his training charts, and one day they too can trade without the TDI.

You can trade without the TDI.

You are saying the OP also made a fool of himself posting all his training charts?


Jan 20, 2011
#3044
Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.

Jan 26, 2011
#3103
I almost always have the tdi & stoch on all my charts regardless of the method being used.

However, it's not necessary on the 5 method for me. It gives people more confidence when they have it on their charts it seems.... and it's a good confirmation to the current PA and possible trade.


Feb 12, 2011
#3418
You can trade the 5 method without the TDI if it's a problem...

PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close.

The TDI just gives me a lot more information for making my entries & exits decisions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,957
  • Nov 29, 2020 4:57am Nov 29, 2020 4:57am
Quoting emmanuel7788
{quote} so you want to consider pivot in your trading. which pivot? - there is the Standard, Fibonacci, Woodie, Camarilla, ... etc. why not create a new one and name it after you.
There are lot of people already created lot of pivot. I just want to choose one from them for ranging market conditions. I think pivot is for lazy people like me who don't want to draw s&r.
MA provides the market's current direction and strength.
  • #111,958
  • Nov 29, 2020 4:59am Nov 29, 2020 4:59am
Quoting Tekkies
{quote} You mean it is like Emmanuel that post everyday to trade with out TDI and Stoch. Everyday he makes a fool out off himself by posting chart's with TDI related indicators. Dave, difficult to understand, you trade what you post, you post remove TDI, you remove TDI and trade with what you think is the best way to trade. Lead by example. ------/// That Watchdog is TDI, that monitor use TDI so basically you are posting bullshit....

@Tekkies

again next week when market opens I will "Lead by example."

but I will not post any training charts like the OP.

Instead, I will be posting real-time market live charts and show members how I read price action and taking trade is breeze even with the Stoch and TMSTDIWatchDog on my live charts.

Readers can follow my live posts and charts, follow the price action and learn how the lagging TDI and the RSI green price line response to the price action.

That TMSTDI WatchDog is more that the original TDI. It has the HA candles information. It also calculate the RSI green price line slope and show the absolute values of the slope. It also show the green line bounce value. These make the 12-2 and 4-6 clock obsolete.

Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,959
  • Nov 29, 2020 5:01am Nov 29, 2020 5:01am
Quoting hasib
{quote} There are lot of people already created lot of pivot. I just want to choose one from them for ranging market conditions. I think pivot is for lazy people like me who don't want to draw s&r.

why not create one based on market volatility and call it Hasib Pivots.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,960
  • Nov 29, 2020 5:07am Nov 29, 2020 5:07am
Quoting Tekkies
{quote} No need to argue Iddd, that is how you see it, so be it for you. ------ What I can not understand is: > why member's come to this thread and contumely post that this method does not work or need other indicators to what is available in post#25. >> You don't like TDI or this method move on, you think this method needs new or other indicators start a thread, you want to change this method start a thread. But everyday members come and bash / change / adjust what BigE has posted and boy oh boy if you dare to disagree with them, they become bulls...
Tekkies you need to understand it is a big platform, where people will share and discover also learn from each other. You may not respect em. I respect em and lot of people respect him. Em never say don't do it he say you can do it like this. That is called experience man. You need to learn a lot . I hope you don't mind. Keep learning. Best wishes for you.
MA provides the market's current direction and strength.
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