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[TDT] Reich System

  • #21
  • Oct 9, 2022 3:44am Oct 9, 2022 3:44am
Quoting stevepatt
{quote}[/color] Hi TDT, I've seen so many Indicator Based Systems, not to mention Price Action Based Systems being Posted and the majority of the time, if you are lucky, the person starting the thread and a few lucky Subscribers who persevere might make it work for them. What I have highlighted in Blue makes sense, the most important atribute to accuire as a Trader is "Independent Thinking" without it you are doomed to Fail. Anyway, I would recommend when Indicators become unclear that some attention to Price might be a Benefit. All the best in...
Quote
a few lucky Subscribers who persevere might make it work for them

That's the reason why most Trader fail, they give up and move on to another thing again. Agreed.

Quote
when Indicators become unclear that some attention to Price might be a Benefit

Totally! I have deleted most discretion with the System, but more experienced Traders can of course turn on the normal Candlesticks and use Price Action as confluence.
There is a reason why there are buttons for the on Chart indicators and why I havent disabled Candlesticks completely (turned off their colour)

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Dont be upset with the result you didnt get from the work you didnt do
  • #22
  • Oct 9, 2022 3:49am Oct 9, 2022 3:49am
We cracked 500 Downloads within the first 2 Days!!

How many will perserve and try to understand this System, before moving on and continuing their endless search for the Holy Grail??

The Future will tell.
Dont be upset with the result you didnt get from the work you didnt do
  • #23
  • Oct 9, 2022 3:55am Oct 9, 2022 3:55am
Hi,
Thanks a lot for sharing this great gift
I regret that I don't know which indicator considerably slows down the display on my PC ! Another new PC ? ...
Where do you put the stop-loss at the start please ? And how do you move it after ?

Sorry for my poor english
Merci beaucoup
Santé
jf
  • #24
  • Oct 9, 2022 4:14am Oct 9, 2022 4:14am
Quoting le celte
Hi, Thanks a lot for sharing this great gift I regret that I don't know which indicator considerably slows down the display on my PC ! Another new PC ? ... Where do you put the stop-loss at the start please ? And how do you move it after ? Sorry for my poor english Merci beaucoup Santé jf
Risk Management:

Sadly this is something I can hardly put into a rule as every individual has a different way of Trading.

Start by putting your SL above the Recent High/Low

Put your Trade to breakeven once your Trade hits ADR pips.

GU has for example an ADR of 314 Pips currently. Once your Trade hits that said 314pips from your Entry point, then move your Trade to breakeven.
From there on you Trail each VMA Candle till your Target Point.

In soon future I will elaborate and show it more detailed.

I repeat myself here though, keep in mind everyone needs to find their way of Managing their Risk, as every Person Traders and prefers different ways of Trading.


Edit:

go to your MT4 -> Tools -> Options -> Charts - Now reduce both Max Bars to 5.000 (or lower)
This might help with your lag issues.
Also make sure you downloaded the "fixupdate" Template
Dont be upset with the result you didnt get from the work you didnt do
  • #25
  • Oct 9, 2022 5:52am Oct 9, 2022 5:52am
Quoting TDT.Coffee
{quote} Risk Management ....
Thanks
jf
  • #26
  • Oct 9, 2022 6:04am Oct 9, 2022 6:04am
it looks very efectiv and interesting, i m happy that you shared this solutions. I will want testing today, when market is closed. Indicators repainted ?
  • #27
  • Oct 9, 2022 6:12am Oct 9, 2022 6:12am
Quoting pelagiusz
it looks very efectiv and interesting, i m happy that you shared this solutions. I will want testing today, when market is closed. Indicators repainted ?
The wavy symbol and the spike indicator repaint somewhat.

But keep in mind both of those indicator are there as a warning sign for potential reversal signals.
Dont be upset with the result you didnt get from the work you didnt do
  • #28
  • Oct 9, 2022 12:56pm Oct 9, 2022 12:56pm
Quoting TDT.Coffee
{quote} The wavy symbol and the spike indicator repaint somewhat. But keep in mind both of those indicator are there as a warning sign for potential reversal signals.
Hello Dear,
Can u pls clear 3 and 4 condition a bit?? I am confused here:

3. Spike indicator is not allowed to show coloured spikes in your desired direction
4. VMA Candle Colour must be same colour as desired direction

Here which one is Spike indicator and which one is VMA candle pls ?? and also explain a bit condition 3 and 4 .. This 2 condition and indicator a bit confusing for me .. pls help.
  • #29
  • Oct 10, 2022 12:26am Oct 10, 2022 12:26am
Quoting X2x
{quote} Hello Dear, Can u pls clear 3 and 4 condition a bit?? I am confused here: 3. Spike indicator is not allowed to show coloured spikes in your desired direction 4. VMA Candle Colour must be same colour as desired direction Here which one is Spike indicator and which one is VMA candle pls ?? and also explain a bit condition 3 and 4 .. This 2 condition and indicator a bit confusing for me .. pls help.
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Dont be upset with the result you didnt get from the work you didnt do
  • #30
  • Oct 10, 2022 1:40am Oct 10, 2022 1:40am
wow see, very interesting thanks so much only have one question how many currency charts we can download without lugging many thanks
  • #31
  • Oct 10, 2022 2:00am Oct 10, 2022 2:00am
Quoting ellenbrook
wow see, very interesting thanks so much only have one question how many currency charts we can download without lugging many thanks
on the top you have a symbol changer, I only have one chart open and switch through that one my Charts.
Dont be upset with the result you didnt get from the work you didnt do
  • #32
  • Oct 10, 2022 2:14am Oct 10, 2022 2:14am
i hope so that you will be share youw trades, this is the best method for upgrade for me .
  • #33
  • Oct 10, 2022 2:19am Oct 10, 2022 2:19am
Quoting pelagiusz
i hope so that you will be share youw trades, this is the best method for upgrade for me .
I will share charts that look interesting to me, but I likely wont share my live entries.

I have a private discord for that.

Before anyone asks, I won't share it here as I dont want to promote anything in this thread, hope you understand.
Dont be upset with the result you didnt get from the work you didnt do
  • #34
  • Oct 10, 2022 2:28am Oct 10, 2022 2:28am
sure, i respect your view, maybe a few trades for example ,in the early stage of learning, this will be very helpful. After, think that every reliable users , will be ready on the start alone.
  • #35
  • Oct 10, 2022 2:48am Oct 10, 2022 2:48am
EURCAD Oct10 London 10:45am

- watching the VM line change to candle...

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #36
  • Oct 10, 2022 2:59am Oct 10, 2022 2:59am
Quoting emmanuel7788
EURCAD Oct10 London 10:45am {image}
and what , signal arrow was early, now you want join to trend, but i think that you need next arrow signal ? As a described by the author.
  • #37
  • Oct 10, 2022 3:56am Oct 10, 2022 3:56am
Quoting pelagiusz
{quote} and what , signal arrow was early, now you want join to trend, but i think that you need next arrow signal ? As a described by the author.
You are correct!

I recommend Trading the breakouts only with a recent Arrow Signal.

If you take note of the RSI we are getting into oversold territory, this doesnt mean we need to exit a Trade. Not at all.
It just might mean the Trend is getting overextented and trading a breakout without any significant pullback (as seen that we dont have a new arrow) lowers the probability of winning the Trade.

Please remember that's just my Observation trading this System that I have created.
I am sharing my View, this is all.
Dont be upset with the result you didnt get from the work you didnt do
  • #38
  • Oct 10, 2022 4:29am Oct 10, 2022 4:29am
ok, this is possible ? like in tihs example, arrow was last trading day, can i look for open position in after time, during europa session ? Or in your opinion, better option for trading is only after directly arrow.
  • #39
  • Oct 10, 2022 4:41am Oct 10, 2022 4:41am
Quoting pelagiusz
ok, this is possible ? like in tihs example, arrow was last trading day, can i look for open position in after time, during europa session ? Or in your opinion, better option for trading is only after directly arrow.
For me its only directly after an Arrow, essentially as a Rule.. you want an Arrow to appear when its a VMA line and then you trade the breakout once it forms the actual VMA Candle
Dont be upset with the result you didnt get from the work you didnt do
  • #40
  • Oct 10, 2022 4:48am Oct 10, 2022 4:48am
Quoting TDT.Coffee
{quote} For me its only directly after an Arrow, essentially as a Rule.. you want an Arrow to appear when its a VMA line and then you trade the breakout once it forms the actual VMA Candle
This Trade setup looks promising to me... wht u think bro?? It met all condition as i think
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