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Trading Made Simple

  • #12,321
  • Oct 4, 2011 12:47pm Oct 4, 2011 12:47pm
Please can someone direct me on how i will get TDI installed to my MT4 platform, a newbie.

Thanks A lot.
  • #12,322
  • Oct 4, 2011 1:48pm Oct 4, 2011 1:48pm
Just went long after the 5 minute pullback on eur/usd and eur/jpy. The 4 hr tdi is still in the 2 o'clock position after the 5 minute pullback was complete giving me confidence in the trade. We will see how it goes.
  • #12,323
  • Oct 4, 2011 2:17pm Oct 4, 2011 2:17pm
Quoting Raa
eurjpy - long enter - 101.85 S/L - 101.44 31pip profit so far. TDI under 32line... my opinion - easy money :]...
I am with you on the JPY trade, but went with USD/JPY, already have one unit off and moved 2nd up over BE....My first TDI trade, and I have to say I am impressed.
Attached Image (click to enlarge)
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  • #12,324
  • Oct 4, 2011 2:39pm Oct 4, 2011 2:39pm
The 5 minute chart for both pairs pulled back and the 4 hr tdi was still in the 2 o'clock position so I took both trades at 14:15, 14:25 and 14:40 est. I ended up with 3 positions for each pair. At 14:50, both pairs moved against me. Did this concern me. No, because I immediately checked the 4hr tdi and it was still in the 2 o,clock position for each pair. I closed out due to 3 positions with each pair at about 60 pips per pair. I would provide snapshots, but I am on my laptop and have not setup that capability.
  • #12,325
  • Oct 4, 2011 2:50pm Oct 4, 2011 2:50pm
AUDUSD.. be rdy for enter. opened set up candle.. wait when appear next candle. TDI under 32. i thought it ll be easy money.


pay attention on USDCAD. tdi over 64.. soon market ll change direction.



sorry 4 my bad english. i just learn it.
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  • #12,326
  • Oct 4, 2011 2:51pm Oct 4, 2011 2:51pm
Quoting Callisto
Coming right behind you, look out !!!
Callisto, it looks like you are using Windsor Brokers for your platform which I am demo trading on (micro). Are you finding the spreads quite large, especially any CAD or AUD pairs?
  • #12,327
  • Oct 4, 2011 2:57pm Oct 4, 2011 2:57pm
AUDJPY - enter long 73.25 s/l - 72.83 TDI under 32line. easy money. 25pip so far.
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  • #12,328
  • Oct 4, 2011 3:16pm Oct 4, 2011 3:16pm
Now waiting for the 5 minute pullback on the aus/usd. the 4 hr tdi has pushed through the red rsi at the 2 o'clock position.
  • #12,329
  • Oct 4, 2011 4:23pm Oct 4, 2011 4:23pm
Quoting biganc
Now waiting for the 5 minute pullback on the aus/usd. the 4 hr tdi has pushed through the red rsi at the 2 o'clock position.
Hi Big,

With your system you talk about waiting for the 5 min pullback then recheck the 4H TDI to see if its still giving a trade signal. Does your TDI repaint constantly? I think mine only paints on the close of candle which would mean if the pull back was complete within the 4 hour block it wouldn't be reflected on the 4H TDI.

Dud
Everyone's got a plan until they get punched in the face
  • #12,330
  • Oct 4, 2011 4:38pm Oct 4, 2011 4:38pm
If the TDI does repaint, I've never noticed it. Maybe I'm just not paying attention. It is always in the position I am looking for when I check it.
  • #12,331
  • Oct 4, 2011 5:07pm Oct 4, 2011 5:07pm
Hi SS, do you know if the trigger lines repaint? They have helped me stay out of some bad trades

Quoting silversurfer
This is my last post on the chart set up I have shared and I include it as it shows how the trigger lines kept me out of taking a short EG trade which is highlighted on the chart. It's obviously against the trend but a novice to this methodology might have been tempted to take the set up as gospel. This is not a 100% accurate system but if what I have shared helps anyone then I am happy. It justs helps me be patient in waiting for a trend to end or start rather than preempting the trade.
  • #12,332
  • Oct 4, 2011 7:26pm Oct 4, 2011 7:26pm
Quoting biganc
If the TDI does repaint, I've never noticed it. Maybe I'm just not paying attention. It is always in the position I am looking for when I check it.
Ok so when you say you wait for the 5 minute pullback to complete then check the 4H to see if it's still at 1-2 O'clock wouldn't it be at the same position regardless unless it's ticked over to a new 4H candle? Or do you mean you wait for the 5 min pull back and then if on the next 4H candle the TDI is still favorable then you enter?
Everyone's got a plan until they get punched in the face
  • #12,333
  • Oct 4, 2011 7:41pm Oct 4, 2011 7:41pm
Quoting davlo
Hi SS, do you know if the trigger lines repaint? They have helped me stay out of some bad trades
Hi Davlo. SS hasn't posted since August so don't know how quick you're getting a response. By trigger lines do you mean the TDI cross? I've never seen it personally but a few people say that their crosses have repainted. I know the version of the indi I use from this thread has never done it and I've been doing about a month of back testing on strategy tester per night. I think these people are acting too soon when visually the TDI cross is only a couple of pixels over on the chart but on the next candle it shows as a bounce. I think this is more an issue with the program painting the lines so that they look like a slight cross until the angle changes on the next candle at which point the couple pixel cross doesn't show. I find I have to wait until there's some defined separation between the red and green before I can confirm it's a cross.
Everyone's got a plan until they get punched in the face
  • #12,334
  • Oct 4, 2011 7:58pm Oct 4, 2011 7:58pm
Thanks Dud, actually i was looking at my Trigger Lines indicator, but i do agree with what you are saying about the TDI.

Quoting Dud45
Hi Davlo. SS hasn't posted since August so don't know how quick you're getting a response. By trigger lines do you mean the TDI cross? I've never seen it personally but a few people say that their crosses have repainted. I know the version of the indi I use from this thread has never done it and I've been doing about a month of back testing on strategy tester per night. I think these people are acting too soon when visually the TDI cross is only a couple of pixels over on the chart but on the next candle it shows as a bounce. I think this is more...
  • #12,335
  • Oct 4, 2011 8:10pm Oct 4, 2011 8:10pm
Dud,

When I check to make sure the tdi is in the same position, I mean the
2 or 4 o'clock position. Let's say the 5 minute chart made a pullback.
If I checked the 4 hr TDI when I thought the pullback was complete,
checked the 4 hr TDI and I noticed it had moved to the 3 o'clock position,
that would tell me that the move was getting ready to reverse and I should no longer enter the trade.
  • #12,336
  • Oct 4, 2011 8:14pm Oct 4, 2011 8:14pm
Sorry, I misunderstood. I didn't want you waiting around for SS to turn up hehe.
Everyone's got a plan until they get punched in the face
  • #12,337
  • Oct 4, 2011 8:22pm Oct 4, 2011 8:22pm
Thanks I appreciate it

Quoting Dud45
Sorry, I misunderstood. I didn't want you waiting around for SS to turn up hehe.
  • #12,338
  • Oct 4, 2011 9:11pm Oct 4, 2011 9:11pm
Here is a trade that I took based on the tdi passing through the rsi at 2 o'clock. While I was in the trade, the tdi changed direction from the 2 o'clock position to between 3 and 4 o'clock. I immediately closed the trade. Since I had taken 4 different positions in the trade, I still made
40 pips even though it was only about a 13 pip move.
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: aud usd close.jpg Size: 319 KB
  • #12,339
  • Oct 4, 2011 9:14pm Oct 4, 2011 9:14pm
Here are the two snapshots of the tdi at the 2 o'clock position when I entered the trade and the tdi suddenly changing direction between the 3 and 4 o'clock position which caused me to exit the trade suddenly.
Attached Image (click to enlarge)
Click to Enlarge Name: aud usd tdi.jpg Size: 123 KB


Attached Image (click to enlarge)
Click to Enlarge Name: aud usd tdi turned to 3 o'clock.jpg Size: 104 KB
  • #12,340
  • Oct 5, 2011 3:14am Oct 5, 2011 3:14am
Quoting MichaelSimon
Ok so got and reading "Trading in the Zone". Will try and get through it over the weekend.
...
What did you think of the book? I have not read it, it is on my list. Just finishing Link's High Probability Trading.
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