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Trading Made Simple

  • #14,621
  • Feb 22, 2012 3:20am Feb 22, 2012 3:20am
I am working my way through this thread and am currently on page 149.

Thought it was about time to post a chart from my demo account so that someone can please assess my decision.
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  • #14,622
  • Feb 22, 2012 8:11am Feb 22, 2012 8:11am
Quoting Mav13
I took that trade on 4H, verticle line marks the candle on graph below, I entered on candle open.
what is the use of the yellow moving average in the main chart ..???
do we use it to confirm entry when we have a signal from the TDI , i mean waiting for a candle to close above or below the MA...????

Can someone explain ...??
  • #14,623
  • Feb 22, 2012 8:19am Feb 22, 2012 8:19am
Quoting pemully
why does evertthing that looks so promising end being so dissappointing....or maybe its just me.....hope u guys are making millions
What do you mean ?
  • #14,624
  • Feb 22, 2012 8:25am Feb 22, 2012 8:25am
why does no one in this entire thread answer the question about tdi moving/repainting?. Theres been times when I've entered a trade seeing a tdi cross, yet an hour later there is no cross?. Also, because HA candles are hard to work out what price your getting in at by looking at the candle, backtesting is hard to do
  • #14,625
  • Feb 22, 2012 8:50am Feb 22, 2012 8:50am
Quoting chewz
why does no one in this entire thread answer the question about tdi moving/repainting?. Theres been times when I've entered a trade seeing a tdi cross, yet an hour later there is no cross?. Also, because HA candles are hard to work out what price your getting in at by looking at the candle, backtesting is hard to do
I cant answer about the TDI, but i used to have the exact problem you have with backtesting, heres how i solved it
I select my chart to bar graph and have the bars all white (standout colour), then have the synergy bars over the top, so that i can see the open and close of the actual price bars poking out of the left and right side of synergy bar. I found i see this more clear if i zoom right in as far as MT4 will allow, then zoom out once. (chart on foreground must be unticked also on properties).
Now you can see where the candle price actually opened and closed.
Now to tell which way the bar moved first, someone of this thread suggested running strategy tester at a low pace.
1) MT4 - View - Strategy Tester
2) Select a EA, i just click moving average
3) Select period 1hour
4) Select the times you want it to run, then click start
5) Once loaded, pause it and load your S3 template onto the strat tester graph. Then your good to go, it will replay the chart exactly as it was formed.

Hope this helps
  • #14,626
  • Feb 22, 2012 9:27am Feb 22, 2012 9:27am
hey thanks for info but my main concern was tdi. Its just happened again, i cant see how anyone can make money using the tdi long term
  • #14,627
  • Feb 22, 2012 9:38am Feb 22, 2012 9:38am
Quoting chewz
hey thanks for info but my main concern was tdi. Its just happened again, i cant see how anyone can make money using the tdi long term
IMHO most indies repaint until the present bar closes. The TDI is just like a candle, it continues to change with the market until the candle closes.
  • #14,628
  • Feb 22, 2012 9:50am Feb 22, 2012 9:50am
I realise that but this can repaint and change its angles 2 candles down the line. Its pretty useless. I traded this method from the beginning when it was on a different threat. And made alot of money with it. I then spent time abroad and stopped trading, Im back now and tdi has been added to the system and I've just realised it repaints. Need to look for a replacement
  • #14,629
  • Feb 22, 2012 9:53am Feb 22, 2012 9:53am
I use the TDI attatched on thread 'X-Man Super Simply System'.
The method is derived from this, however it uses Price Action as main signal and TDI to confirm.
  • #14,630
  • Feb 22, 2012 9:55am Feb 22, 2012 9:55am
Quoting chewz
I realise that but this can repaint and change its angles 2 candles down the line. Its pretty useless. I traded this method from the beginning when it was on a different threat. And made alot of money with it. I then spent time abroad and stopped trading, Im back now and tdi has been added to the system and I've just realised it repaints. Need to look for a replacement
I am consistently making money with it because I use many other factors along with the TDI. The TDI is just one of the tools I use. PA is King!!!

Maybe it is time for you to find a replacement you are happy with.
  • #14,631
  • Feb 22, 2012 10:11am Feb 22, 2012 10:11am
well i found my replacement thanks to xaphod. his tms-osc indicator is pretty well the same as tdi, but doesn't repaint. great!
  • #14,632
  • Feb 22, 2012 11:03am Feb 22, 2012 11:03am
Quoting khalidhassan
what is the use of the yellow moving average in the main chart ..???
do we use it to confirm entry when we have a signal from the TDI , i mean waiting for a candle to close above or below the MA...????

Can someone explain ...??
Click on the link for the full post below:
Quoting eelfranz
Dyekid217... Good analysis buddy...

I get a little frustrated when people keep adding stuff and then posting it on the forum. I repeatedly ask others to PM others on the thread with the new ideas and not posting them. At least PM me with their ideas...

The main entry rule is: green crossing red on the TDI within the first 2 candles for an entry......
  • #14,633
  • Feb 22, 2012 2:24pm Feb 22, 2012 2:24pm
Quoting Mav13
I took that trade on 4H, verticle line marks the candle on graph below, I entered on candle open.

Well your trade went wrong because
1. PA bounce off the 200EMA and carried on up.
2. TDI was above MBL
3. E/G is in an uptrend

Trade with te trend to be successful

Personally i would go long after the bounce off the 200EMA.
TDI shows me a bounce trade as well and a nice easy 50 to 60 pips
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X-man the legendary conqueror of markets
  • #14,634
  • Feb 22, 2012 2:26pm Feb 22, 2012 2:26pm
Quoting wrenski
I am consistently making money with it because I use many other factors along with the TDI. The TDI is just one of the tools I use. PA is King!!!

Maybe it is time for you to find a replacement you are happy with.
Absolutely agree with this, you need to have solid PA analysis to form your trade bias. I think even some that use TDI cannot even read it yet, see this chart, what was TDI telling you for last 7 or 8 days now?

How many took 100 pips trade yesterday, hands up?

I thought so...

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It takes a lot for me to IGNORE you, but you can try.
  • #14,635
  • Feb 22, 2012 2:26pm Feb 22, 2012 2:26pm
Quoting pemully
why does evertthing that looks so promising end being so dissappointing....or maybe its just me.....hope u guys are making millions
Tell me where are you going wrong and i will try my best to help you.
Also post charts so i can see where you going wrong
X-man the legendary conqueror of markets
  • #14,636
  • Feb 22, 2012 2:31pm Feb 22, 2012 2:31pm
Quoting normtold
I am working my way through this thread and am currently on page 149.

Thought it was about time to post a chart from my demo account so that someone can please assess my decision.
Looks like a good set up.
If you look at yout TDI you will notice that the green and red line is just above the MBL.
what happen here is that the green line will bounce off the MBL thats when you can exit your trade. I usually take 30 to 50 pips in this case.
But when the green crosses the MBL you can run your trade further but also at the same time monitoring key areas like S&R etc
X-man the legendary conqueror of markets
  • #14,637
  • Feb 22, 2012 2:34pm Feb 22, 2012 2:34pm
Quoting khalidhassan
what is the use of the yellow moving average in the main chart ..???
do we use it to confirm entry when we have a signal from the TDI , i mean waiting for a candle to close above or below the MA...????

Can someone explain ...??
Yes you can use it to see if the candle will close or above which will tell us change in direction or if we in a trade it will tell us to lock in profits.
X-man the legendary conqueror of markets
  • #14,638
  • Feb 22, 2012 2:40pm Feb 22, 2012 2:40pm
Quoting chewz
why does no one in this entire thread answer the question about tdi moving/repainting?. Theres been times when I've entered a trade seeing a tdi cross, yet an hour later there is no cross?. Also, because HA candles are hard to work out what price your getting in at by looking at the candle, backtesting is hard to do
Yes TDI repaints , infact all indis repaint to a certain extent. thats why if you have a system with lost of indis then sooner rather than later that system will fail coz of repainting etc.
As the fellow trader has answered your post i will say it again PA IS KING.

try to follow PA firstly. make you analysis on PA like divergances, pivots , S&R , fibb

Then when the market plays out your analysis thats the only time you use the indi for confirmation in your direction.
You wont be 100% right all the time coz PA does what it whats to at any time. We just do the best we can and then ONLy when the market shows us then we take the trade.

Always trade what wee see and not what we think will happen
X-man the legendary conqueror of markets
  • #14,639
  • Feb 22, 2012 2:42pm Feb 22, 2012 2:42pm
Quoting chewz
hey thanks for info but my main concern was tdi. Its just happened again, i cant see how anyone can make money using the tdi long term
My main indi is TDI.
Ive been trading live since last year sept and make over 1000 pips a month.
trust me it works if you use it correctly.
X-man the legendary conqueror of markets
  • #14,640
  • Feb 22, 2012 3:50pm Feb 22, 2012 3:50pm
This is all true about pa and other things to take into account, but this is not what eefranz originally intended. This aint trading made simple, Im just trying to understand why people obsess over tdi when it changes anyway.
Big e always taught to keep it simple and not to over analyse trading, but even though he wanted to keep it that way on this thread, it seems its changed alot.

And the 'always trade what we see not what we think can happen' seems daft when you're analysing previous s+r - thats exactly what you're doing - acting on something you think may happen
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