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Trading Made Simple

  • #601
  • Apr 29, 2011 2:27am Apr 29, 2011 2:27am
Quoting 2scoops
Have people found that When trading the 4hr that checking the 1hr chart for agreement before pulling the trigger has been helpful.
do you think it would be better to be looking at the next time frame up ( daily) instead of lower timeframe, to get a better picture of how the TDI is pointing to make sure your not going against the higher move?
josh
nollej is power..
  • #602
  • Apr 29, 2011 2:41am Apr 29, 2011 2:41am
Well yeah upper, and lower timeframes, I know it's not part of the official 5 method rules, but just thought I'd ask if people had found this to be helpful.
  • #603
  • Apr 29, 2011 2:52am Apr 29, 2011 2:52am
Quoting 2scoops
Well yeah upper, and lower timeframes, I know it's not part of the official 5 method rules, but just thought I'd ask if people had found this to be helpful.
Well since i started testing this out on real for the last 2 days been pretty successful so far and yeh i have been using the higher timeframe for confirmation on TDI. Havent worried about the lower so much because the 4 HR just represents the overall picture of the time frames below it in my mind.
nollej is power..
  • #604
  • Apr 29, 2011 2:54am Apr 29, 2011 2:54am
Quoting Incrediblle
I cannot attach this indicator on chart
Did you saved it, then added to your indicators folder in your MetaTrader. make sure you close your MetaTrader 1st.

I just tested it and it should work.
  • #605
  • Apr 29, 2011 3:00am Apr 29, 2011 3:00am
Quoting forex4rich
I did a quick search in FF and found it. enjoy..
fyi change the settings to match Eelfranz
Cosmo (545)... 13,0,34,2,0,7,0,true,blank, alert0-Buy G>R,Alert 1 - Sell G<R (TDI Settings)

Rich
works perfect!

tested it on 1min TF, it waits for candle close before sounding alerts.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #606
  • Apr 29, 2011 3:10am Apr 29, 2011 3:10am
First post and I think i found a great spot to start.
Thanks Big E
Enter Signature
  • #607
  • Apr 29, 2011 3:17am Apr 29, 2011 3:17am
Quoting nollej
Well since i started testing this out on real for the last 2 days been pretty successful so far and yeh i have been using the higher timeframe for confirmation on TDI. Havent worried about the lower so much because the 4 HR just represents the overall picture of the time frames below it in my mind.
Glad to hear you've been successful, i think I might do the same next week (just check the higher timeframe)
  • #608
  • Apr 29, 2011 3:28am Apr 29, 2011 3:28am
eelfranz


I would like to trade on 1hr charts,can this have any negetive impact on this system?
Trade responsiblypatience is the key/Swing trader
  • #609
  • Apr 29, 2011 3:37am Apr 29, 2011 3:37am
Anybody watching the usd/chf looks like we may have a trade setup here to sell!
  • #610
  • Apr 29, 2011 3:44am Apr 29, 2011 3:44am
what have just happened on USDCHF?

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Trade responsiblypatience is the key/Swing trader
  • #611
  • Apr 29, 2011 3:47am Apr 29, 2011 3:47am
Ok... so maybe I cheated on this one a little. Stochs had crossed but the TDI hadn't but was soooo close (RSI was at 53.3433 & Trade sig at 53.9740). Took the trade based on this as well as the higher highs and higher lows being formed. Closed the trade for 40 pips profit.
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  • #612
  • Apr 29, 2011 3:48am Apr 29, 2011 3:48am
Quoting Incrediblle
eelfranz


I would like to trade on 1hr charts,can this have any negetive impact on this system?
i think you should be ok as long as you avoid trades just before news, as he's said before you get more head fakes and are effected more by news on the lower timeframes.
  • #613
  • Apr 29, 2011 3:59am Apr 29, 2011 3:59am
Quoting Forexcube
Yes it is so exactly!

I see at this chart that TDI will give a signal upwards but the Stoch downwards and that was the reason to set my comment here.
If it's not so, disregard my post on this subject, please.

Best regards
FXcube
Thanks to sum up the theory FxCube, before read your comment, I thought that when TDI cross up, I will just go long, and the stochastic will line up later. Now knowing that everything must be line up!

BTW..how about the picture below?

Regards,
Bom2
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  • #614
  • Apr 29, 2011 4:12am Apr 29, 2011 4:12am
Chart on 9 GMT :

I'm not feeling good about this market since UK on holiday now.. how did this strategy perform on holidays?
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  • #615
  • Apr 29, 2011 4:41am Apr 29, 2011 4:41am
waiting for 4 hours is too much?
Trade responsiblypatience is the key/Swing trader
  • #616
  • Apr 29, 2011 5:17am Apr 29, 2011 5:17am
Hi all!

What we are doing here is trading Heiken Ashi signals straight away. I discovered the trade signals on TDI come at the same time with that of my HA trade signals then I decided to check them out, and this is the chart on 4HR TF.

this is suppose to give good trend trades that may last for days even week, if you trade it to the direction of the Higher Time Frame.

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #617
  • Apr 29, 2011 5:37am Apr 29, 2011 5:37am
Quoting dean
I have read through the posts once and am about to do it again in an attempt to summarise all the rules and important notes but it seems you have already done so. Its hard to keep up with the volume of people following and posting! Would you care to share your word doc?? No offence taken if not. I think someone (maybe you ) had done it and posted it earlier but for some reason I couldnt open it??
Thank you
It is still a work in progress and not formatted well enough to share at least at this point my friend, sorry

P.S. I couldn't open that word doc either
  • #618
  • Apr 29, 2011 5:52am Apr 29, 2011 5:52am
Quoting Kosomolate
Hi all!

What we are doing here is trading Heiken Ashi signals straight away. I discovered the trade signals on TDI come at the same time with that of my HA trade signals then I decided to check them out, and this is the chart on 4HR TF.

this is suppose to give good trend trades that may last for days even week, if you trade it to the direction of the Higher Time Frame.

kos
Hi Kosomolate, Would you mind sharing that HA alert, I don't think Big E will mind.

God Bless
  • #619
  • Apr 29, 2011 5:58am Apr 29, 2011 5:58am
Hello All !

2 bars back one would have entered BUY eurjpy on 4 hrs TF, but waiting for the bar to close paid off there, cos the TDI crossed while the bar was still in play. but now we know better HA arrow would still be there but this TDI Green line would come off as if it has not crossed the Red before.

now green is coming off so anticipate a bounce

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #620
  • Apr 29, 2011 6:13am Apr 29, 2011 6:13am
Quoting winalot
Hi Kosomolate, Would you mind sharing that HA alert, I don't think Big E will mind.

God Bless
Hi Winlot!

Sorry my brother, the thread starter warned against posting any indicator here, and I would want to respect that.

Google Heiken_Ashi_Alert even here on FF its there.

Hope you understand

God Bless you too

kos
John 3:16 - From THIS love no power on earth can me sever.
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