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  • #3,741
  • May 24, 2011 11:30am May 24, 2011 11:30am
Hello,
can someone give me a clear explanation for TDI recalculation. Price action lead, then indicator calculation. I have seen so many training chart where Big E put entry on the first candle but that first candle from open till price green TOUCHING red. Until we have close price then TDI crossed. So first candles are for agressive traders? Enter on second open is for conservative? But if i follow TDI crossed appeared on 3rd candle which is very late...
I have read whole thread, price recalculate itself so indicators recalculate too.
Question is where i can put an entry?
Thank you for answer
Attached Image (click to enlarge)
Click to Enlarge Name: TDI cross.jpg Size: 113 KB
  • #3,742
  • May 24, 2011 11:32am May 24, 2011 11:32am
Quoting tmax
but they have such large draw downs at times before you get into to profit
first , u can use proper MM (minilots)
second (I do it) u can wait for retracement before jump in
  • #3,743
  • May 24, 2011 11:32am May 24, 2011 11:32am
Attached Image (click to enlarge)
Click to Enlarge Name: 52411.gif Size: 24 KB
Looks like a possible set for the next hour with this one and the eur/usd is closely following behind.
  • #3,744
  • May 24, 2011 12:25pm May 24, 2011 12:25pm
Quoting davlo
Attachment Looks like a possible set for the next hour with this one and the eur/usd is closely following behind.
u should not target a trade at 11th hour..u may caught
Make money with me
  • #3,745
  • May 24, 2011 12:29pm May 24, 2011 12:29pm
Quoting dean
Ok..I've copped some criticism for this checklist but a few inclusing myself find it handy to assess trade entries. This checklist is what I use as my trade assessment....IF you wish to use it, feel free, but please dont take it as my attempt to change any rules or methods. Its simply what I think is pertinent to check and for me it works.
I am reposting it becasue you asked, I am not trying to offend, confuse or annoy anyone, just trying to help.
NOTE: I have updated this for all you guys that use it.
Thanks - that's a big help
  • #3,746
  • May 24, 2011 12:33pm May 24, 2011 12:33pm
Quoting davlo
Attachment Looks like a possible set for the next hour with this one and the eur/usd is closely following behind.
I love this system, prevented a potential loss for me.
  • #3,747
  • May 24, 2011 12:34pm May 24, 2011 12:34pm
Quoting fxpassion
u should not target a trade at 11th hour..u may caught
Thanks, im glad the cross didnt go through and the candle didnt change
  • #3,748
  • May 24, 2011 12:35pm May 24, 2011 12:35pm
Quoting cmeldatrader
Hello,
can someone give me a clear explanation for TDI recalculation. Price action lead, then indicator calculation. I have seen so many training chart where Big E put entry on the first candle but that first candle from open till price green TOUCHING red. Until we have close price then TDI crossed. So first candles are for agressive traders? Enter on second open is for conservative? But if i follow TDI crossed appeared on 3rd candle which is very late...
I have read whole thread, price recalculate itself so indicators recalculate too.
Question...
You are overcomplicating it a lot.

If it's a cross it's a cross. Green on the other side of red. Not touching, not looks like it's about to cross.

1st candle is NOT agressive and 2nd candle is NOT conservative. They are just the best entries if everything else looks good. (Cross, TDI angle, stoch pointing in right direction, Strong average candle candle, candle correct color)

Technically if a cross ends up being a good trade, you would want to be in on the first candle as that would be the earliest entry and make you the most pips.

The only reasons you enter only on the first and second candle is because any later might be too late AND you can often catch momentum and have a trade go in your favor quite a bit.

TO EVERYONE POSTING SIMILAR QUESTIONS READ THIS THREAD FROM THE BEGINNING ALL OF THESE QUESTIONS HAVE BEEN ANSWERED NUMOROUS TIMES!!!!
  • #3,749
  • Edited May 25, 2011 5:46am May 24, 2011 12:38pm | Edited May 25, 2011 5:46am
Quoting 2scoops
Dean I'm not your PA dude, find it yourself

Seriously though PM Plamen its his indicator and he has an updated one that I don't have yet.
Here it is. Added some color options as requested. Histogram is OFF by default for eye protection :-)

Plamen

Edit: I added an option to allow repainting (making the last TDI leg "freeze" until the next bar is open). This is to make it equal by behaviour to Big E original TDI Reg Green.
Attached File(s)
File Type: ex4 @TMS_TDI_Slope.ex4   10 KB | 1,016 downloads
Bah...
  • #3,750
  • May 24, 2011 12:50pm May 24, 2011 12:50pm
Quoting KumoDragon
You only judge the angle of the TDI at the start of every candle, not inbetween at every tick.
Judge the angle when the candle is over! Imagine you are going blind while the candle is developing (that is the current bar) and you can see it (and the angle) only when it finaly closed :-)

You can use the time inbetween to read forums or why not go to jim for an hour ?
Bah...
  • #3,751
  • May 24, 2011 12:53pm May 24, 2011 12:53pm
Quoting plamendp
Here it is. Added some color options as requested. Histogram is OFF by default for eye protection :-)

Plamen
many thanks
  • #3,752
  • Edited 1:17pm May 24, 2011 12:56pm | Edited 1:17pm
Quoting plamendp
Judge the angle when the candle is over! Imagine you are going blind while the candle is developing (that is the current bar) and you can see it (and the angle) only when it finaly closed :-)

You can use the time inbetween to read forums or why not go to jim for an hour ?
Plamen,

Kumo is right, BigE judges the candle when we have a cross at its open. He doesn't wait for the candle to close.


Again thanks for your efforts with the TDI:

If you could add an alert that only alerted when you had a cross of a certain angle (number) on the candle open that would truly earn you god like status.
  • #3,753
  • May 24, 2011 1:11pm May 24, 2011 1:11pm
Quoting KumoDragon
You are overcomplicating it a lot.

If it's a cross it's a cross....
Kumo thanks for answer.
I have read many times this thread but i also check real charts, not historical when everything looks great. And Big E many times spot first entry (vertical line) candle which in real time is always only touching green red. On first candle you will never know if tdi finally cross or not. Everything is about momentum.
Wish you good trades
Regards
  • #3,754
  • May 24, 2011 1:16pm May 24, 2011 1:16pm
In my opinion we should judge the candle:
1. in the beginning for entry
2. in the end of the candle for exit
  • #3,755
  • May 24, 2011 1:19pm May 24, 2011 1:19pm
i went short on this one, any thoughts,
Attached Image (click to enlarge)
Click to Enlarge Name: 524112.gif Size: 25 KB
  • #3,756
  • May 24, 2011 1:24pm May 24, 2011 1:24pm
Quoting davlo
i went short on this one, any thoughts,
Attachment
It looked good
  • #3,757
  • May 24, 2011 1:28pm May 24, 2011 1:28pm
Quoting davlo
i went short on this one, any thoughts,
Attachment
against the daily trend
  • #3,758
  • May 24, 2011 1:31pm May 24, 2011 1:31pm
this is what i am talking about. Your trade is late.

Quoting davlo
i went short on this one, any thoughts,
Attachment
  • #3,759
  • May 24, 2011 1:32pm May 24, 2011 1:32pm
Quoting olegy
against the daily trend
Good point.
  • #3,760
  • May 24, 2011 1:34pm May 24, 2011 1:34pm
Quoting cmeldatrader
this is what i am talking about. Your trade is late.
If he entered at the start of candle 2 (as I assuming that red line indicated on his chart) then he is ok, if he entered at the end of candle 2 or on candle 3 then yes he was too late.

Davlo - can you clarify when you entered?
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