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  • #8,981
  • Jul 28, 2011 10:57pm Jul 28, 2011 10:57pm
Quoting OzFXtrader82
Hi Guys,

I am a new subscriber to this thread. I have tried to install the TDI indicator but I cannot get it to appear on my charts. I have installed both the .ex4 and the .mp4 files into the indicators folder in MT4 but after restarting the program it won't appear. I've watched the tutorials and have trawled the thread for fixes but I still can't make it work.

If someone could put me in the right direction I would really appreciate that.

John
HI John,
Just to make sure, you are looking under the "custom Indicators" on your MT4 Platform? Right? On the left, you should see Accounts, Indicators, Expert Advisors, Custom Indicators, and Scripts. The TDI should be in Custom Indicators. I will continue to help you out.

FS

PS. PM me since you posts wont happen immediately.
  • #8,982
  • Jul 28, 2011 11:03pm Jul 28, 2011 11:03pm
Quoting OzFXtrader82
Hi Guys,

I am a new subscriber to this thread. I have tried to install the TDI indicator but I cannot get it to appear on my charts. I have installed both the .ex4 and the .mp4 files into the indicators folder in MT4 but after restarting the program it won't appear. I've watched the tutorials and have trawled the thread for fixes but I still can't make it work.

If someone could put me in the right direction I would really appreciate that.

John
OK, so you are able to apply TDI to the charts, what sort of settings do you see when you edit them? Visualization, all time frames maybe?

There are several versions, did you try another? Reboot, all the usual computer stuff is all I can suggest for now, keep us updated
It takes a lot for me to IGNORE you, but you can try.
  • #8,983
  • Jul 28, 2011 11:32pm Jul 28, 2011 11:32pm
Quoting Fitness09
I feel like slamming this iPad through the window. Entered a short trade and set my tp at 20 on a 1 hour chart. It was moving down pretty aggressively, so I moved my tp to 40. It was a trade on the 1 hr but I was monitoring it on the 5 and 15 minute charts. My wife needed the computer for a minute. Well, it reversed when I was up 27 pips, and I thought surely it will come back down and I will close at +20. I closed at -32 pips and I feel like slamming my nuts in the door right now.
First, I truly am sorry. I think all of us has had that horrible sick feeling after losing a trade like that, but I am going to offer some advice...probably dumb to do so, but here it goes. Unlike the London and NY sessions, a 20 pip profit is very substantial during the Asian Session. SO, your entry must have been excellent! But after 20+ pips, if you are going to let it ride, move your S/L to +5 or +10. Guard your equity at all costs.

I hope this helps a little for the next time. Hang in there.

FS
  • #8,984
  • Jul 28, 2011 11:32pm Jul 28, 2011 11:32pm
.05 and .06 lot sized trades were taken on the H4, the .01 sized trdes are D1.

none of the trades hit my TP, they were all more positive at some point but retraced so i exited manually (and prematually). Still not a bad result. Im considering moving to full lots next week.

all trades were taken using TMS rules with the added tip from Dean Malone being the inclusion of the no. 2 TDI line and trading on the right side of it

EDIT: the A/U and E/U buy trades were H1,
A/U was right before aussie news and paid the price
Attached Image (click to enlarge)
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  • #8,985
  • Jul 28, 2011 11:36pm Jul 28, 2011 11:36pm
Quoting Erebus
OK, so you are able to apply TDI to the charts, what sort of settings do you see when you edit them? Visualization, all time frames maybe?

There are several versions, did you try another? Reboot, all the usual computer stuff is all I can suggest for now, keep us updated
Hi Erebus,

The indicator doesnt appear in my indicator list on MT4 so I can't apply it to my charts. I have tried 3 different versions but none have worked. Tried rebooting etc. Been trying to suss this out over the last couple of days.

Here's what I am doing: I drag the downloaded indicator into experts/indicators folder with all the others while MT4 is closed. I then reboot MT4 and look for it in the indicators which I cant find.

I'm guessing there is a simple step I am missing but not sure what.
The consistency you seek is in your mind, not the markets. Mark Douglas
  • #8,986
  • Jul 28, 2011 11:37pm Jul 28, 2011 11:37pm
Quoting ForexSam
First, I truly am sorry. I think all of us has had that horrible sick feeling after losing a trade like that, but I am going to offer some advice...probably dumb to do so, but here it goes. Unlike the London and NY sessions, a 20 pip profit is very substantial during the Asian Session. SO, your entry must have been excellent! But after 20+ pips, if you are going to let it ride, move your S/L to +5 or +10. Guard your equity at all costs.

I hope this helps a little for the next time. Hang in there.

FS
Thanks! This had been a crappy week so I was trying to pick a good setup. I entered in a good position, and even identified the daily cpp and support where I set my tp just above the two. I guess I just got excited to see it moving so aggressively. I usually move my sl to be at 20, but my wife was on the computer for a few minutes and I was monitoring it from my iPad.

I saw my entry and identified my exit even before I took the trade. Freaking pisses me off bc I did everything correct and because I slipped up for a few minutes, it cost me money.
  • #8,987
  • Jul 29, 2011 12:41am Jul 29, 2011 12:41am
Quoting ForexSam
HI John,
Just to make sure, you are looking under the "custom Indicators" on your MT4 Platform? Right? On the left, you should see Accounts, Indicators, Expert Advisors, Custom Indicators, and Scripts. The TDI should be in Custom Indicators. I will continue to help you out.

FS

PS. PM me since you posts wont happen immediately.
Hi FS,

Unfortunately I cant PM you as I'm only a newbie on here. After I get this sorted out I promise not to disturb the thread unless I have something constructive to contribute with charts. I'll keep trying different things over the weekend until I get it sorted.

Thanks for you willingness to help with my problem.

John
The consistency you seek is in your mind, not the markets. Mark Douglas
  • #8,988
  • Jul 29, 2011 1:00am Jul 29, 2011 1:00am
Quoting Rcwso
I agree if you can get a tighter stop and therefore increase risk/reward that finding the better entry on the smaller time frame can be very useful and rewarding. Again, I think it comes down to what a trader really wants to do and how much time/effort they want to spend finding that next set-up. Or just look at the 4hr time, see the set-up and take the trade regardless of what is happening in the underlying time frames. Both ways have there place and validity. Just depends on each person in reality. I think each individual needs to adapt what works...
I have also learnt a lot from you, your posts are thoughtful and inciteful Thanks
  • #8,989
  • Jul 29, 2011 1:02am Jul 29, 2011 1:02am
Quoting Fitness09
I feel like slamming this iPad through the window. Entered a short trade and set my tp at 20 on a 1 hour chart. It was moving down pretty aggressively, so I moved my tp to 40. It was a trade on the 1 hr but I was monitoring it on the 5 and 15 minute charts. My wife needed the computer for a minute. Well, it reversed when I was up 27 pips, and I thought surely it will come back down and I will close at +20. I closed at -32 pips and I feel like slamming my nuts in the door right now.
Instead of wrecking the door....why dont you slam your nuts with the iPad
  • #8,990
  • Jul 29, 2011 1:44am Jul 29, 2011 1:44am
Quoting dean
Instead of wrecking the door....why dont you slam your nuts with the iPad
Lol at least the people in this forum have a sense of humor.
  • #8,991
  • Edited 2:31am Jul 29, 2011 2:17am | Edited 2:31am
Hi All, First time posting in the thread. I am more of a spectator than anything else in this thread, but love this trading method.

For the guys starting out. If you are worried about S/L maybe try the following.

When you enter on a good signal put on your initial S/L and then move it on the high or low (if you went short or long) two candles back "8 hours" as the trade progresses. (Remember this if you trade the 4H Time frames, on the lower ones the price seesaw much more)

This has some two advantages:

1. Minimizing Risk: Meaning if the trend moves against your trade it either gets stopped out at initial risk setting or even less as you move your S/L

2. Locks in Profits: as the Master said in this thread candles moves in avg 3 - 8 candles, I promise you in 2 or 3 candles you are at breakeven, meaning this is a free trade, what more do you need.

Then the trade is easy, you know you are at breakeven or maybe even + a few pips, you don't loose anything and you can mentally focus on the exit of the trade to bag you wheelbarrows full of money.
  • #8,992
  • Jul 29, 2011 2:29am Jul 29, 2011 2:29am
Quoting OzFXtrader82
Hi Erebus,

The indicator doesnt appear in my indicator list on MT4 so I can't apply it to my charts. I have tried 3 different versions but none have worked. Tried rebooting etc. Been trying to suss this out over the last couple of days.

Here's what I am doing: I drag the downloaded indicator into experts/indicators folder with all the others while MT4 is closed. I then reboot MT4 and look for it in the indicators which I cant find.

I'm guessing there is a simple step I am missing but not sure what.

TRY THIS, if you are half computer literate, open MT4 :

- press F4

- click the files folder icon

- where it says 'Look in:' the folder should be "indicators"

- if you have more than 1 MT4, you can use the green up arrow to check exactly where you are within the Windows folders

- if you are in the right MT4 indicator folder - Can you now still see the TDI indicator(s)?

- double click it, then top of menu

- click "Compile"

- this MAY update it and make it visible, good luck
It takes a lot for me to IGNORE you, but you can try.
  • #8,993
  • Jul 29, 2011 3:17am Jul 29, 2011 3:17am
Amazing
Attached Image
It takes a lot for me to IGNORE you, but you can try.
  • #8,994
  • Jul 29, 2011 3:23am Jul 29, 2011 3:23am
Erebus
Quote
Amazing

The key fib levels of .382, .618 and extensions of 1.27 and 1.618 are magnets for price. It is uncanny how these levels are always in play during price action - even on a 1 minute chart. I use them exclusively in a different strategy and have a very high success rate using them as profit targets. Nice illustration.
  • #8,995
  • Jul 29, 2011 4:50am Jul 29, 2011 4:50am
Hi All, am new to the game, got set up with MT4 and keen to understand high prob strategies that might help me understand what Forex is all about. Have been watching markets for about 6 months so finally decided to dip toe in.

Regards
  • #8,996
  • Edited 7:33am Jul 29, 2011 7:04am | Edited 7:33am
This is a price crossover alert indi that gives buystop, sellstop, and sl recommends based on a 5ema/price crossover or touch. The green line or box is a buystop recommend, red line or box is a sellstop recommend. gold line or box is stop loss recommend. The recommends are calculated by adding 2 pips plus spread to the respective high or low of the trigger (crossover) candle. SL is calculated by adding one pip above or below the trigger candle to the oppisite side of the entry recommend. pop up alert and email alerts are optional. This has proven to be very useful with this method so far.
note the buystop and sl and sellstops are the small hash mark lines above candles, not the red and green MAs
Attached Image (click to enlarge)
Click to Enlarge Name: lessoline 1hr.jpg Size: 146 KB
Attached File(s)
File Type: mq4 #5lessoline with email.mq4   9 KB | 651 downloads
  • #8,997
  • Jul 29, 2011 7:31am Jul 29, 2011 7:31am
Quoting OzFXtrader82
Hi Guys,

I am a new subscriber to this thread. I have tried to install the TDI indicator but I cannot get it to appear on my charts. I have installed both the .ex4 and the .mp4 files into the indicators folder in MT4 but after restarting the program it won't appear. I've watched the tutorials and have trawled the thread for fixes but I still can't make it work.

If someone could put me in the right direction I would really appreciate that.

John
If you have Win7 the install procedure is different, let me know if you have 7 and I will post the instructions. I had a lot of trouble before getting help with Win7. p
  • #8,998
  • Jul 29, 2011 8:03am Jul 29, 2011 8:03am
U/C and C/J just been long. Noice.

Happy trading all.
'Fail to plan, plan to fail'
  • #8,999
  • Jul 29, 2011 8:07am Jul 29, 2011 8:07am
Quoting piprac
If you have Win7 the install procedure is different, let me know if you have 7 and I will post the instructions. I had a lot of trouble before getting help with Win7. p
Really? I have Windows 7, 64-bit and didn't think I was doing anything special with MT4 files... please enlighten as I'm sure many Win7 users nowadays, thanks
It takes a lot for me to IGNORE you, but you can try.
  • #9,000
  • Jul 29, 2011 8:49am Jul 29, 2011 8:49am
Quoting Erebus
Really? I have Windows 7, 64-bit and didn't think I was doing anything special with MT4 files... please enlighten as I'm sure many Win7 users nowadays, thanks
win7 64 bit on one computer and xp on the lap top. Loaded all indi and tpl the same way.
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