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Trading Made Simple

  • #12,361
  • Oct 5, 2011 5:48pm Oct 5, 2011 5:48pm
Seriously folks, I can't trade in this chop. I've been giving back pips all week on the Hourly...
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  • #12,362
  • Oct 5, 2011 5:50pm Oct 5, 2011 5:50pm
Quoting sSlappy
I have been lurking for about 7515 post. Only have another 5000ish to be caught up. Just wanted to post and say hi. I have also read more than a few times that some people have trouble determining the correct TDI angle for entry. I wrote a little indicator that tells the TDI angle in degrees. Per the rules buy if angle > 60 deg and sell if angle < -60 deg if the other entry criteria are met. I find it takes a little of the guess work out of determining the TDI slope for entry.
Big thanks to Big E for such a great system.
Nice work Slappy. Contributing to the thread in you first post =
Everyone's got a plan until they get punched in the face
  • #12,363
  • Oct 5, 2011 6:35pm Oct 5, 2011 6:35pm
Quoting GT_Pips
The thread sheriff is going to flame and call you names for telling the poster to read the thread and do some work.
Why would I??? I agree with him you peanut. Try offering something constructive.......as yet you have submitted nothing but drivel and cheap shots at others....grow up.
  • #12,364
  • Oct 5, 2011 6:51pm Oct 5, 2011 6:51pm
Quoting Dud45
Nice work Slappy. Contributing to the thread in you first post =
I just hope it is useful for someone. Two things I forgot to mention. You have to have the TDI Red Green indicator in the indicator folder for it to work. Also if you attach it mid-candle the the Green line and the angle may not match up until after the new candle is formed as it would be pulling updated line information. You could either wait or refresh the chart to get them to match up.
It should be fine after that and will only update the angle on each new candle.
  • #12,365
  • Oct 5, 2011 6:53pm Oct 5, 2011 6:53pm
Hey Dean, see your still at bro. You have the patience of an Elephant. I'm sure Big E is gratefully for all your doing here. I use this method to this day for it's my most sound of all when used the correct way. Its really as simple as it's made out to be..

Bless you bro and may pips and all of life's success to you..

Best Regards

Quoting dean
Why would I??? I agree with him you peanut. Try offering something constructive.......as yet you have submitted nothing but drivel and cheap shots at others....grow up.
  • #12,366
  • Oct 5, 2011 7:29pm Oct 5, 2011 7:29pm
Quoting sSlappy
I just hope it is useful for someone. Two things I forgot to mention. You have to have the TDI Red Green indicator in the indicator folder for it to work. Also if you attach it mid-candle the the Green line and the angle may not match up until after the new candle is formed as it would be pulling updated line information. You could either wait or refresh the chart to get them to match up.
It should be fine after that and will only update the angle on each new candle.
Hi Sslappy:
If you look at the TMS indicator forum, you will find a discussion about how the TDI Red Green indicator has a bug in it. Just wanted to give you a heads up if you're going to base your new indicator on that one. Xaphod is the coding genius, I'm sure he could help you out, good luck.

Jim
  • #12,367
  • Oct 5, 2011 9:51pm Oct 5, 2011 9:51pm
XU-great!
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  • #12,368
  • Oct 5, 2011 11:41pm Oct 5, 2011 11:41pm
Quoting Chillypiper
Hey Dean, see your still at bro. You have the patience of an Elephant. I'm sure Big E is gratefully for all your doing here. I use this method to this day for it's my most sound of all when used the correct way. Its really as simple as it's made out to be..

Bless you bro and may pips and all of life's success to you..

Best Regards
Thanks Chilly......sensational to hear you are having great success.....you deserve it. THanks for your well wishes. All the best to you mate.
  • #12,369
  • Oct 5, 2011 11:59pm Oct 5, 2011 11:59pm
just shorted this pr @ 1.0427, SL @ 1.0657 & TP @ 1.0143. I used the last high & low fractals. D. TF. p
  • #12,370
  • Oct 6, 2011 12:24am Oct 6, 2011 12:24am
Quoting piprac
just shorted this pr @ 1.0427, SL @ 1.0657 & TP @ 1.0143. I used the last high & low fractals. D. TF. p
You forgot the chart, here is one just whipped up.

I used Position Calculator at

http://www.earnforex.com/position-size-calculator

show a Position Size of 0.091 using account of $10,000 and 2% risk

have a good day
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OPPORTUNITY IS NOWHERE
  • #12,371
  • Oct 6, 2011 12:28am Oct 6, 2011 12:28am
Quoting sSlappy
I have been lurking for about 7515 post. Only have another 5000ish to be caught up. Just wanted to post and say hi. I have also read more than a few times that some people have trouble determining the correct TDI angle for entry. I wrote a little indicator that tells the TDI angle in degrees. Per the rules buy if angle > 60 deg and sell if angle < -60 deg if the other entry criteria are met. I find it takes a little of the guess work out of determining the TDI slope for entry.
Big thanks to Big E for such a great system.
Many thanks, I'll give it a go, I currently also use TMS Watchdog but always looking for the simpler method!
  • #12,372
  • Oct 6, 2011 12:44am Oct 6, 2011 12:44am
Hello Big E and forum members.

I was very impressed with the simplicity of this system and have been back testing it all day. I used the EURUSD on the daily chart and would like to share my excel spreadsheet for those who want to verify my work. I'm not able to upload it along with this post because i don;t have enough storage space on my account. Please PM me.

I chose a random start date of 4/15/2010 and tested it all the way till the last available candle on 10/03/2011.

I gained 1900+ pips and had a max draw down of 2.6% of my account. Not bad at all.

62.5% winners and 37.5% losers (i didn't account for any of my B/E trades in the win/loss calc).

I modified the original system a bit for exiting the trades but followed all the entry and trading rules as outlined on page 1.

I'll post results for another currency pair as soon as I can get some more testing done.

I look forward to your comments/suggestions/help to make me a better trader.

Thanks for letting me participate in this forum
  • #12,373
  • Oct 6, 2011 12:51am Oct 6, 2011 12:51am
short G/U 4H
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  • #12,374
  • Oct 6, 2011 2:06am Oct 6, 2011 2:06am
Quoting fufighter
short G/U 4H
Couple of things, so many indicators, how can you see what price is doing?

Seems that was placed maybe an hour before London Open before the direction of the day has begun?

Here is how I would play that; place a Pending Order "SELL STOP" below a recent low by a few pips, let price come to me, it will be going in the right direction then, as it is now, you have to endure the trade going against you but still might work out for you, can come down hard...
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OPPORTUNITY IS NOWHERE
  • #12,375
  • Oct 6, 2011 2:35am Oct 6, 2011 2:35am
Quoting ananjee
Hello Big E and forum members.
...have been back testing ...I used the EURUSD on the daily chart and would like to share my excel spreadsheet for those who want to verify my work. ... Please PM me.
I chose a random start date of 4/15/2010 and tested it all the way till the last available candle on 10/03/2011.
I gained 1900+ pips ...
...
62.5% winners and 37.5% losers ...
I modified the original system a bit for exiting the trades but followed all the entry and trading rules as outlined on page 1.
...
Hi ananjee,
I, for one, would be interested in seeing the results. I PM'd you separately. To gain 1900 pips in that time frame roughly makes for 86 pips a week. That seems reasonable, but maybe a bit low. It may have to do with you running it on a Daily timeframe. Did you, or will you, run it on a 4 hour?
I would be interested in hearing how you modified the exit and if you were running multi-lots with different targets or single lots with single targets.
Thanks for taking the time to do this. I think backtesting is a major step towards success in this venture.
Also did you do any 'optimization' with the Strategy Tester, or just base code?
Look forward to hearing more from you.
  • #12,376
  • Edited 3:24am Oct 6, 2011 2:56am | Edited 3:24am
GbpUSD - long, enter - 1.5433 s/l - 1.5392 50pip profit so far.

after 3 hours gbp red news.
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  • #12,377
  • Oct 6, 2011 3:02am Oct 6, 2011 3:02am
Quoting n9254
http://www.forexfactory.com/attachme...1&d=1317828876
Could you please tell me which indicator you are using (red-yellow-green bars)? And if this one is repainting?
  • #12,378
  • Oct 6, 2011 3:20am Oct 6, 2011 3:20am
EURUSD long, enter - 1.3351 s/l - 1.3311 46pip profit so far.
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  • #12,379
  • Oct 6, 2011 4:57am Oct 6, 2011 4:57am
Quoting Raa
GbpUSD - long, enter - 1.5433 s/l - 1.5392 50 pip profit so far.

after 3 hours gbp red news.
those are belong fufighter short on the 4 H trying to get above 1.55 now
OPPORTUNITY IS NOWHERE
  • #12,380
  • Edited 5:40am Oct 6, 2011 5:03am | Edited 5:40am
usdcad long, enter - 1.0406 s/l-1.0368 15pip profit so far.
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