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TEB sytstem

  • #1
  • First Post: Edited 1:38pm Mar 19, 2007 12:29pm | Edited 1:38pm
I think its funny everyone is always speaking
of the Holy Grail. of trading "if I just get the right 10 tools"
the big boys know the tools don't really matter

You want to win?
They all say find a set up & use one tool as a trigger. ONE TOOL !!
But they also know the H.G. of trading is time frame trading
They never use more then 2 tools (any number of MAs count as 1 tool)

But they use 2- 3 or more time frames
& 1 or 2 tools on those time frames.

The tools really don't matter
see for yourself use your favour tool
or just try one of the following
a. Sars b. 5/6 Ema cross c.5/5 open/close Ema cross or any other MA set
d. Stoch what ever setting you like e. MACD

and put it on 3 time frames a. day b 4 hour c. 30 min (or hour)

and watch for all three to line up & you will win!! like 90-95%

take the day tool off & you will still win like 85-90% of the time
some tools are better then other & some are easier to work with.
But not by much

Attached Image

30 min chart

the Big blue line shows the trend from the day Stoch is up
the small blue line shows the trend from is 4 hour stoch is up
the Blue arrows are from the 30 min stoch below and show the trend is up

just try it for yourself -

the problem with this Idea is its hard to sell ebooks & make a lot of money!!!
  • #2
  • Mar 19, 2007 12:43pm Mar 19, 2007 12:43pm


Wow did someone ever change the name of that posting fast!!!!!


HEEHEEHEE
  • #3
  • Mar 19, 2007 12:44pm Mar 19, 2007 12:44pm
LOL yeah that was me. the "holy grail" title is so cliche it hurts my eyes LOL.
Relax and be happy.
  • #4
  • Mar 19, 2007 1:01pm Mar 19, 2007 1:01pm
Quoting merlin
LOL yeah that was me. the "holy grail" title is so cliche it hurts my eyes LOL.
Not a very sexy tittle

if you don't like the Holy Grail
Can we change the tittle to
" the only System you will ever need to
make $10000,0000 dallors
this year & more next?"
  • #5
  • Mar 19, 2007 1:08pm Mar 19, 2007 1:08pm
mate start a journal and let us know when you make 1,000,000

I'm sure nobody will hate you for it
  • #6
  • Mar 19, 2007 1:27pm Mar 19, 2007 1:27pm
Do you suggest using the 50EMA as in your other post?
  • #7
  • Mar 19, 2007 1:40pm Mar 19, 2007 1:40pm
Sure - I use it
But you don't need it.
  • #8
  • Mar 19, 2007 1:46pm Mar 19, 2007 1:46pm
Attached Image

30min chart


Using the sars Likely the hardest to use

thin blue in from 4 hour Sars
BIg blue line from day sars
Arrows are the sars on the 30min charts - the chart itself
(the order of the 3 doesn't make so much differance )

But if you get the Day & the 4 hour sars going the same way
that might be all you need ! your risk tolerance?
  • #9
  • Mar 19, 2007 1:51pm Mar 19, 2007 1:51pm
Quoting TEB63
Attachment
30min chart


Using the sars Likely the hardest to use

thin blue in from 4 hour Sars
BIg blue line from day sars
Arrows are the sars on the 30min charts - the chart ir self
(the order of the 3 doesn't make so much differance )
Hey TEB, could you do me a favor, My eyes are old and I cannot see the detail in that chart. could you post it this way

right click in the chart area and then Save as Picture. then select 600 x 600, then upload that image.. it will remove all the non necessary stuff and make the chart easier to see... thanks scott
  • #10
  • Mar 19, 2007 1:56pm Mar 19, 2007 1:56pm
You are so right about this. It is not the indicator or indicators you use but using the same indicator(s) on multiple time frames. If they agree on multiple time frames the probability of success is extremely high.

I know this and I (theoretically) practice this, and it is every time that I violate my own rules that I get burned.

The only improvement that I would suggest is that you look at the relationship between the volatility of the pair and the time frames you select to apply to it. In my experience, the more volatile the pair, the shorter the time frames I use successfully. You might want to take a look at this some time.
  • #11
  • Mar 19, 2007 1:58pm Mar 19, 2007 1:58pm
Quoting moonchild
You are so right about this. It is not the indicator or indicators you use but using the same indicator(s) on multiple time frames. If they agree on multiple time frames the probability of success is extremely high.

I know this and I (theoretically) practice this, and it is every time that I violate my own rules that I get burned.

The only improvement that I would suggest is that you look at the relationship between the volatility of the pair and the time frames you select to apply to it. In my experience, the more volatile the pair, the shorter the time frames I use successfully. You might want to take a look at this some time.

What pair do you use with what time frames with?
  • #12
  • Mar 19, 2007 2:03pm Mar 19, 2007 2:03pm
okay I have also came to the conclusion that using one or two indicators in different time frames work. I'm still playing with the TF but do not go shorter than 1 hr and want to stick to not longer that 4hr, afraid I will get in to late in a trade.

The Q that I have is, as I understand using a EMA, example 5 and 10 cross, it will stay the same over different TF, but what about Stochastic or RSI, do you use the same settings ie Stoch 14.3.3 on hr and the same settings for 4 hr.

tx
  • #13
  • Mar 19, 2007 2:08pm Mar 19, 2007 2:08pm
Quoting Fx1618
okay I have also came to the conclusion that using one or two indicators in different time frames. I'm still playing with the TF but do not go shorter than 1 hr and want to stic to not longer that 4hr, affraid I will get in to late in a trade.

The Q that I have is, as I understand using a EMA, example 5 and 10 cross, it will stay the same over different TF, but what about Stochastics or RSI, do you use the same settings ie Stoch 14.3.3 on hr and the same settings for 4 hr.

tx
the setting I use as a trigger on the Stoch is 5,3,3

I use 30min, 4 hour,(day)
I find 15min or less to crazy

getting in a little late is in fact good
no one wants to be the 1st to the party!
  • #14
  • Mar 19, 2007 2:36pm Mar 19, 2007 2:36pm
Quoting TEB63
" the only System you will ever need to
make $10000,0000 dallors
this year & more next?"
nah that wont work either
Relax and be happy.
  • #15
  • Mar 19, 2007 2:42pm Mar 19, 2007 2:42pm
Quoting TEB63
the setting I use as a trigger on the Stoch is 5,3,3

I use 30min, 4 hour,(day)
I find 15min or less to crazy

getting in a little late is in fact good
no one wants to be the 1st to the party!
Well I Ain't Bouncin'

I use Stochastics, MA's, PP and channels, and that is really enough to trade profitable. The rest depends on money management and trading psychology. Period.

Oh, forgot to add:

TF's are 15min, 1h, 4h and daily
  • #16
  • Mar 19, 2007 2:43pm Mar 19, 2007 2:43pm
For me using MTTF, I stay with 5,3 cross for all TF. Without using MTTF, I use first window 5,3,3 Second window 20, 10 cross and third window 50,10 crosss. The slowing, it is not so important for me.
I think this way of entry is really good. I also combine entry/exit in relation to how close the MA21,62 or R/S/Pivot/Fib. retr. are at the moment of entry/exit. The mention points are also go for placing S/L.
An example is my today's exit of sell EUR/USD at MA62 next to S1.
  • #17
  • Mar 19, 2007 2:56pm Mar 19, 2007 2:56pm
Quoting Dexis
Well I Ain't Bouncin'

I use Stochastics, MA's, PP and channels, and that is really enough to trade profitable. The rest depends on money management and trading psychology. Period.

Oh, forgot to add:

TF's are 15min, 1h, 4h and daily
But that is the point

you are using only Stochs
and only 2 or 3 TF's 30 min 4 hour (day)
  • #18
  • Mar 19, 2007 2:59pm Mar 19, 2007 2:59pm
Quoting highway3000
For me using MTTF, I stay with 5,3 cross for all TF. Without using MTTF, I use first window 5,3,3 Second window 20, 10 cross and third window 50,10 crosss. The slowing, it is not so important for me.
I think this way of entry is really good. I also combine entry/exit in relation to how close the MA21,62 or R/S/Pivot/Fib. retr. are at the moment of entry/exit. The mention points are also go for placing S/L.
An example is my today's exit of sell EUR/USD at MA62 next to S1.

What is MTTF?

I find the stochs on the real chart are not the same as when you try to
make them fit on an other time frame
I have tried it - & its not as good
  • #19
  • Mar 19, 2007 3:10pm Mar 19, 2007 3:10pm
A screenshot of my holy-grail system, very simple to understand

http://img59.imageshack.us/img59/201/workspacetg3.gif
  • #20
  • Mar 19, 2007 3:46pm Mar 19, 2007 3:46pm
Quoting Dexis
A screenshot of my holy-grail system, very simple to understand

http://img59.imageshack.us/img59/201/workspacetg3.gif


How many monitor screens do you have to use to fit it all in and have it big enough to see?
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