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  • #129,081
  • Feb 25, 2022 6:39am Feb 25, 2022 6:39am
Quoting Tekkies
{quote} Wow Vincent, that EA has a better understand of price action that you have. -------------- Let me guess. You followed BigE's advice with TDI green cross red. > Refresh chart = Yes > Did TDI green cross red = Yes > Green angle below 4 = Yes > Stoch confirm direction = Yes > Applay post#647 to confirm intend trade > Place the trade or find a better setup Which means that what you are showing is nothing new. TDI traders will have the same results. {image} Interesting to see that the EA has entered a sell trade 1.3286(+-...
Wow Vincent, that EA has a better understand of price action that you have.

If you recall, I have posted several times that because Vincent tried for at least 10 years to figure out the 5-method without success that he finally turned to EAs to trade because they can "think" way better than he can about trading. They just kill his accounts more slowly than when he tries to trade by himself.
To free Gazans of Hamas, use whatever it takes.
  • #129,082
  • Feb 25, 2022 6:43am Feb 25, 2022 6:43am
Quoting ryuryu
{quote} Guys could you please explain why both TDI and Stoch on one chart? What for?
Because that is what BigE put on the 5-method. And you know that VERY few people bother understanding the tools that they are given to use.

Actually, there is SOME amount of logic to it, because technically, they produce something a bit different so at times diverge.
To free Gazans of Hamas, use whatever it takes.
  • #129,083
  • Feb 25, 2022 6:51am Feb 25, 2022 6:51am
Quoting ryuryu
{quote} Guys could you please explain why both TDI and Stoch on one chart? What for?
Stoch is only used to confirm the direction of TDI crossover.
Post#1......... I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else
Post#121...... The TDI and Stochs are giving opposite signals...
Post#261..... Stochs is nothing but confirmation. If Stochs & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.
Post#360..... EUR/JPY 4hr... going short but green hasn't crossed red yet... you choose... Stoch confirms...
Post#647..... Does Stoch's confirm the TDI signal

There are 26 post by him about Stoch in this thread, you can read up the rest.
  • #129,084
  • Feb 25, 2022 7:11am Feb 25, 2022 7:11am
Quoting Tekkies
{quote} Stoch is only used to confirm the direction of TDI crossover. Post#1......... I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else Post#121...... The TDI and Stochs are giving opposite signals... Post#261..... Stochs is nothing but confirmation. If Stochs & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade. Post#360..... EUR/JPY 4hr... going short but green hasn't crossed red yet... you choose... Stoch...
How Stoch can confirm the direction, it is oscillator?

How can Stoch and TDi show different data if they both are oscillators and TDI is like advanced RSI with 2 lines like Stoch?

You can add 2 Stoch, 2 TDI or 2 RSI with different settings and it will be the same. Doesn't matter what BigE said 10 years ago. Just check the formulas used in the indicators you are using. They all use the same data. It is like to have watches with Roman numerals on left hand and watches with Arabic numerals or the right and say that you know the time more accurately.

The only difference between Stoch and TDi is how it smooth the close values and for what period. Placing both on one chart is nonsense.

I know that TDi is the heart of this "system", so instead of using same indicators twice I'd suggest use one to measure the distance from average (replacing useless Stoch). At least that will make sense and it will be more accurate and useful for trading.
Observer effect
  • #129,085
  • Feb 25, 2022 7:34am Feb 25, 2022 7:34am
Quoting ryuryu
{quote} How Stoch can confirm the direction, it is oscillator? How can Stoch and TDi show different data if they both are oscillators and TDI is like advanced RSI with 2 lines like Stoch? You can add 2 Stoch, 2 TDI or 2 RSI with different settings and it will be the same. Doesn't matter what BigE said 10 years ago. Just check the formulas used in the indicators you are using. They all use the same data. It is like to have watches with Roman numerals on left hand and watches with Arabic numerals or the right and say that you know the time more accurately....
"Doesn't matter what BigE said 10 years ago..."




Too much time is being spent on TDI and Stochastics,
Too little time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,086
  • Feb 25, 2022 7:37am Feb 25, 2022 7:37am
Quoting Tekkies
{quote} Stoch is only used to confirm the direction of TDI crossover. Post#1......... I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else Post#121...... The TDI and Stochs are giving opposite signals... Post#261..... Stochs is nothing but confirmation. If Stochs & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade. Post#360..... EUR/JPY 4hr... going short but green hasn't crossed red yet... you choose... Stoch...

and @Tekkies

you are still the one losing money for 6 years - 2016, 2017, 2018, 2019, 2020 and 2021.

we shall see what will happen in 2022.

did not read these Big E' posts:

Big E : 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.


May 16, 2011
#2617
2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?

Read above...

I can take you to water but I can't make you drink... follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too...

#296 (Nov 4, 2008)
I profit every day by using Stochastics. I hope you will too. It's just part of the puzzle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,087
  • Edited 8:18am Feb 25, 2022 7:48am | Edited 8:18am
Quoting ryuryu
{quote} How Stoch can confirm the direction, it is oscillator? How can Stoch and TDi show different data if they both are oscillators and TDI is like advanced RSI with 2 lines like Stoch? You can add 2 Stoch, 2 TDI or 2 RSI with different settings and it will be the same. Doesn't matter what BigE said 10 years ago. Just check the formulas used in the indicators you are using. They all use the same data. It is like to have watches with Roman numerals on left hand and watches with Arabic numerals or the right and say that you know the time more accurately....
= How Stoch can confirm the direction?
>Look at what the chart /indicators are showing you.
Attached Image (click to enlarge)
Click to Enlarge Name: up.PNG Size: 10 KB


= Doesn't matter what BigE said 10 years ago.
Don't understand this remark. Back then the formulas used then are the same as they are today. Nothing has changed.

= It is like to have watches with Roman numerals on left hand and watches with Arabic numerals or the right
You are going to have two watches with different times.
TDI settings are slower then Stoch settings

= The only difference between Stoch and TDi is how it smooth the close values and for what period. P
I suggest you read up more about Stoch and RSI.
https://www.investopedia.com/ask/ans...oscillator.asp
https://www.barchart.com/education/t...vs_stochastics
  • #129,088
  • Feb 25, 2022 8:29am Feb 25, 2022 8:29am
Quoting Tekkies
>Look at what the chart /indicators are showing you.
It show me that AVERAGE price A is 100, AVERAGE price B is 90, because you have SLOW smth like 3, so it it is just the same but 3 candles back. You can add 2 Moving Average on the chart one fast and one slow and you will get the same results but not in additional window.

Quoting Tekkies
TDI settings are slower then Stoch settings
That's why you get your magic "difference". You can add 2 Stoch with different settings and have the same results. Your "imbalance" is only in your head. Your calculations looks like broken watches - they show correct time twice a day only.

Quoting Tekkies
TDI I suggest you read up more about Stoch and RSI.
I suggest you DO NOT read investopedia ever. These "gurus" say that Stoch show oversold and overbought areas that is lie. it is not because a) there are no volume data in its formula and b) it is oscillator. So better NOT to put that garbage info in your head.
Observer effect
  • #129,089
  • Feb 25, 2022 9:37am Feb 25, 2022 9:37am
Quoting ryuryu
{quote} It show me that AVERAGE price A is 100, AVERAGE price B is 90, because you have SLOW smth like 3, so it it is just the same but 3 candles back. You can add 2 Moving Average on the chart one fast and one slow and you will get the same results but not in additional window. {quote} That's why you get your magic "difference". You can add 2 Stoch with different settings and have the same results. Your "imbalance" is only in your head. Your calculations looks like broken watches - they show correct time twice a day only. {quote} I suggest you...
Nice to know that Investopedia gurus are writing such misinformation. Three additional webpage wrote the same "lie", how many other webpage will have the same concept of Stoch.
-----
In this situation, the Stochastic will stay in overbought for a long time as the market continues to rise.
https://financestrategysystem.com/rs...one-is-better/
-----
Another way of interpreting the stochastic oscillator is to consider readings below 20 to be oversold and readings above 80 to be overbought.
https://www.valutrades.com/en/blog/t...tic-oscillator
----
Oscillators are a group of technical indicators that attempt to indicate the strength of a trend and if a market is over-bought or over-sold.
https://www.cmegroup.com/education/c...ochastics.html
----
Ryuryu what are you argue about?
> BigE wrote that Stoch is to be used only to confirm direction in this thread. That is all what BigE posted about Stoch.

You want to replace Stoch with some other indicators / remove Stoch, then do so.

After all it is not my thread, my method, now you want to go to war with Tekkies about what BigE wrote.
  • #129,090
  • Feb 25, 2022 10:16am Feb 25, 2022 10:16am
Quoting Tekkies
{quote} Nice to know that Investopedia gurus are writing such misinformation. Three additional webpage wrote the same "lie", how many other webpage will have the same concept of Stoch. ----- In this situation, the Stochastic will stay in overbought for a long time as the market continues to rise. https://financestrategysystem.com/rs...one-is-better/ ----- Another way of interpreting the stochastic oscillator is to consider readings below 20 to be oversold and readings above 80 to be overbought. https://www.valutrades.com/en/blog/t...tic-oscillator...
I can create 100 more websites and write there that stochastic shows oversold and overbought areas. But it won't show it anyway. The only result of posting nonsense will be that it will be thoughtlessly repeated on the forums.

I don't want to replace Stoch. I say that putting Stoch and TDI on one chart is nonsense. Stoch can't confirm TDI, and TDI can't confirm Stoch because they are EQUAL. And also Stoch can't show the direction because it is oscillator.

I mean that when you see such a "confirmation" you are fooling yourself. It just show the same data a bit later and "confirmation" appear. But if you feel comfortable with that why not. Just keep in mind that in making trading decisions you rely on non-existent.
Observer effect
  • #129,091
  • Feb 25, 2022 10:55am Feb 25, 2022 10:55am
Quoting DrDave
{quote} Because that is what BigE put on the 5-method. And you know that VERY few people bother understanding the tools that they are given to use. Actually, there is SOME amount of logic to it, because technically, they produce something a bit different so at times diverge.

@FakeDr wrote: "Actually, there is SOME amount of logic to it,..."

if you had follow that some amount of logic to your GBPUSD sell trades, then you were wrong and would not suffer another margin call. ...
its margin call after margin call for 10 long years.

Attached Image (click to enlarge)
Click to Enlarge Name: FakeDr GU sell 40 weeks DD 2-1-2021 1-29-14 pm.png Size: 98 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,092
  • Feb 25, 2022 10:57am Feb 25, 2022 10:57am
Quoting Tekkies
{quote} Nice to know that Investopedia gurus are writing such misinformation. Three additional webpage wrote the same "lie", how many other webpage will have the same concept of Stoch. ----- In this situation, the Stochastic will stay in overbought for a long time as the market continues to rise. https://financestrategysystem.com/rs...one-is-better/ ----- Another way of interpreting the stochastic oscillator is to consider readings below 20 to be oversold and readings above 80 to be overbought. https://www.valutrades.com/en/blog/t...tic-oscillator...

@Tekkies wrote: "You want to replace Stoch with some other indicators / remove Stoch, then do so."

No @Tekkies you still don't get it.

Big E : 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.


May 16, 2011
#2617
2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?

Read above...

I can take you to water but I can't make you drink... follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too...
Big E wrote many things and he wrote these:
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,093
  • Feb 25, 2022 11:03am Feb 25, 2022 11:03am
Quoting DrDave
{quote} Because that is what BigE put on the 5-method. And you know that VERY few people bother understanding the tools that they are given to use. Actually, there is SOME amount of logic to it, because technically, they produce something a bit different so at times diverge.

@FakeDr wrote: "Because that is what BigE put on the 5-method."

Poor man @DrDick ... 10 long years in Forex Factory and still looking for Big E' 5-Method.

10 year losing like most retail spot forex traders and still make false claims in this thread to be the profitable trader trading with demo money.

You wasted 10 years of your life trading demo money and still running around FF looking for a winning system.

Read my post above on Big E said you can trade his 5-method without any indicators.

#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.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,094
  • Feb 25, 2022 11:04am Feb 25, 2022 11:04am
couple of PDFs for anyone needing them. i personally dont use TDI just sharing some stuff i have laying around and hope it helps
Attached File(s)
File Type: pdf 4_5898011281717200410.pdf   1.2 MB | 319 downloads
  • #129,095
  • Feb 25, 2022 11:06am Feb 25, 2022 11:06am
Attached File(s)
File Type: pdf 1_5010411596569116806.pdf   1.2 MB | 378 downloads
  • #129,096
  • Feb 25, 2022 11:10am Feb 25, 2022 11:10am
Quoting Tekkies
{quote} = How Stoch can confirm the direction? >Look at what the chart /indicators are showing you. {image} = Doesn't matter what BigE said 10 years ago. Don't understand this remark. Back then the formulas used then are the same as they are today. Nothing has changed. = It is like to have watches with Roman numerals on left hand and watches with Arabic numerals or the right You are going to have two watches with different times. TDI settings are slower then Stoch settings = The only difference between Stoch and TDi is how it smooth the close values...

@Tekkies

you can take your investopedia stuff with you and stick them up your *@!&#@.

you are really a sucker with all the google search stuff.

now, how many reindeers do you see?

Attached Image (click to enlarge)
Click to Enlarge Name: reindeers 5 row 27-12-2021 9-35-30 am.png Size: 298 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,097
  • Feb 25, 2022 11:20am Feb 25, 2022 11:20am
Quoting ryuryu
{quote} I can create 100 more websites and write there that stochastic shows oversold and overbought areas. But it won't show it anyway. The only result of posting nonsense will be that it will be thoughtlessly repeated on the forums. I don't want to replace Stoch. I say that putting Stoch and TDI on one chart is nonsense. Stoch can't confirm TDI, and TDI can't confirm Stoch because they are EQUAL. And also Stoch can't show the direction because it is oscillator. I mean that when you see such a "confirmation" you are fooling yourself. It just show...
Ryuryu. your pos does not make senes

First you say "I don't want to replace Stoch." then "I say that putting Stoch and TDI on one chart is nonsense."
Why bother with Stoch in the first place?
----------
"Stoch can't confirm TDI, and TDI can't confirm Stoch because they are EQUAL."
When did BigE wrote that Stoch confirms TDI?
BigE wrote that Stoch confirm the direction of intended trade.
-------
"Stoch can't show the direction because it is oscillator."
If that is true then how come the trend is going down and stoch is also going down?
(You will also notice how price kept going down while Stoch was below the 20 line.)
Attached Image

-----
Better still.
Post a chart and show readers that what you have written in Post 129,091 is true.
  • #129,098
  • Feb 25, 2022 11:25am Feb 25, 2022 11:25am
Quoting Tekkies
{quote} Ryuryu. your pos does not make senes First you say "I don't want to replace Stoch." then "I say that putting Stoch and TDI on one chart is nonsense." Why bother with Stoch in the first place? ---------- "Stoch can't confirm TDI, and TDI can't confirm Stoch because they are EQUAL." When did BigE wrote that Stoch confirms TDI? BigE wrote that Stoch confirm the direction of intended trade. ------- "Stoch can't show the direction because it is oscillator." If that is true then how come the trend is going down and stoch is also going down? (You...
@Tekkies

Your 5,000 trades say you cannot trade. PERIOD.

Why do you keep posting your TDI green cross red nonsense and cause more people to lose their hard earned money.

You are simply gambling when the green line crosses red line.


Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies Nov24 TE Overview 24-11-2021 3-23-52 pm.png Size: 179 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,099
  • Feb 25, 2022 11:30am Feb 25, 2022 11:30am
OH yea.
Damn that google search.

It is amazing how fast a google search can expose the bullshit that get's posted in this thread.
  • #129,100
  • Feb 25, 2022 11:41am Feb 25, 2022 11:41am
Quoting Tekkies
OH yea. Damn that google search. It is amazing how fast a google search can expose the bullshit that get's posted in this thread.

Yes @Tekkies

now can you count the reindeers using your ten fingers?


Attached Image (click to enlarge)
Click to Enlarge Name: reindeers too many.png Size: 1.0 MB


..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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