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Another simple system - Time-Frame 15

  • #421
  • Edited 7:40am Mar 26, 2012 7:34am | Edited 7:40am
Right here ,we have Daily R1=1.3311
Better to exit long.
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  • #422
  • Mar 26, 2012 8:03am Mar 26, 2012 8:03am
ADR for today is 137.
TDI the green line is77.45 which is over 68and tends to be flat.
USDX is supported by 79.05.
EXIT long confirmed.
Take the profit we can see. Do the trade we know why.

For the aggresive trader ,may wait the Green line goes back to the bands.

Good pips to everyone!!
Attached Image
  • #423
  • Mar 26, 2012 12:19pm Mar 26, 2012 12:19pm
Good evening folks...I see there were lot of trade setups today..im sure you guys made over 40 pips today...there is no easy day to make pips than today.i let my wife trade today and she made quite a few pips..

she is not a computer savvy...she just followed the rules.im happy she is taking care of the business..lol i can do worldly things on my own while she trades.enjoying food and helping others who are suffering around me.hehehehe

I THANK GOD FOR SHOWING AND TEACHING ME FOREX
Let all the living things live blissfully
  • #424
  • Mar 26, 2012 5:48pm Mar 26, 2012 5:48pm
thanks loveevery for this system, thanks to you I started to understand how to use the TDI indicator properly and make some profit with it. Looking forward for more charts and trade examples from you)

Just a note for beginners with TDI indicator. This indicator has a "bug", so in realtime on charts its looks differently and makes different singnals, than when viewed on refreshed chart with visual backtesting (changing the TF and back is enough), so you can get different results from visual backtesting than with real life trading.
So use instead fixed TDI RT indicator, which looks exactly how TDI should looks like, and how appears on refreshed chart.

Cheers.
Attached File(s)
File Type: mq4 TDI_RT.mq4   9 KB | 1,131 downloads
  • #425
  • Mar 27, 2012 1:04am Mar 27, 2012 1:04am
Quoting colombino
thanks loveevery for this system, thanks to you I started to understand how to use the TDI indicator properly and make some profit with it. Looking forward for more charts and trade examples from you)

Just a note for beginners with TDI indicator. This indicator has a "bug", so in realtime on charts its looks differently and makes different singnals, than when viewed on refreshed chart with visual backtesting (changing the TF and back is enough), so you can get different results from visual backtesting than with real life trading.
So use instead...
If you stick to the original rules to always enter trade at the candle open, both TDI indicators will give identical signals (cross or no cross).
  • #426
  • Mar 27, 2012 1:12am Mar 27, 2012 1:12am
Quoting Cun
If you stick to the original rules to always enter trade at the candle open, both TDI indicators will give identical signals (cross or no cross).
You're right but the indi posted by colombino will be handy for backtesting, although I didnt know such a non repainting TDI would exist. I'll test it out. Meanwhile, thanks colombino
  • #427
  • Mar 27, 2012 1:24am Mar 27, 2012 1:24am
Quoting Cun
If you stick to the original rules to always enter trade at the candle open, both TDI indicators will give identical signals (cross or no cross).
Hi. Having just watched them both side by side on strategy tester I notice that the original TDI crosses and if on the next bar it crosses back you are left with a zig zag across the green line to observe after. The TDI RT, however, UNCROSSES the lines so after it looks as if it has not crossed. I only saw it a few times, but I shall keep the original copy.

Cheers all.
  • #428
  • Mar 27, 2012 1:56am Mar 27, 2012 1:56am
Quoting Chulmleigh
Hi. Having just watched them both side by side on strategy tester I notice that the original TDI crosses and if on the next bar it crosses back you are left with a zig zag across the green line to observe after. The TDI RT, however, UNCROSSES the lines so after it looks as if it has not crossed. I only saw it a few times, but I shall keep the original copy.

Cheers all.
Hi I have never compared the two TDI's side by side in the Strategy Tester but I suppose the two TDIs should be identical at the candle open, with the repainting version keeps repainting on every ticks later.

However, if you stick to the rule to open trade at the candle open you also want to stick to this rule while backtesting so it does not really matter then which TDI you use.

I understand you use the original TDI and it is a personal preference which TDI to use but if someone uses a repainting TDI what will he/she do seeing the TDI changes direction in the middle of the candle? Will he/she close the trade prematurely, or sits tight and stick to the original exit rule?
  • #429
  • Mar 27, 2012 2:02am Mar 27, 2012 2:02am
Quoting Cun
.

However, if you stick to the rule to open trade at the candle open you also want to stick to this rule while backtesting so it does not really matter then which TDI you use.
That is exactly the point. Wait till candle close/open.
  • #430
  • Mar 27, 2012 2:03am Mar 27, 2012 2:03am
I've managed to see the difference already by using a shorter TF. I suppose there are pros and cons on both. Some live testing would be necessary.
  • #431
  • Mar 27, 2012 2:25am Mar 27, 2012 2:25am
Good monring folks...i feel the push is down today..lets c
Let all the living things live blissfully
  • #432
  • Mar 27, 2012 2:30am Mar 27, 2012 2:30am
Just one day like yesterday will give you one weeks pips...so wait wait wait wait.....till you get the right setup.


PATIENCE PAYS
Let all the living things live blissfully
  • #433
  • Mar 27, 2012 2:33am Mar 27, 2012 2:33am
Quoting Chulmleigh
That is exactly the point. Wait till candle close/open.
i AGREE
Let all the living things live blissfully
  • #434
  • Mar 27, 2012 3:03am Mar 27, 2012 3:03am
The price is approaching 200ema on the daily chart.it was clear PPA..its about 100 pips away..dont knw whats gona happen
Let all the living things live blissfully
  • #435
  • Mar 27, 2012 5:40am Mar 27, 2012 5:40am
According to the rules:
M15 no chance to take.
Wait n C.
  • #436
  • Mar 27, 2012 5:48am Mar 27, 2012 5:48am
Guys its not about candle close. Let the original TDI run on a chart for 10-20 bars. Then make a screenshot, then change the timeframe on chart and change it back. Then compare the TDI on chart with you screenshot. You will see two different green lines (shifted top or bottoms or with different shape, the difference is usually about 1bar).
So, when you in the evening start MT to visual backtest your potential trades, you see different TDI than that which you see, when you have the MT running and dont touch the chart.
  • #437
  • Mar 27, 2012 5:57am Mar 27, 2012 5:57am
colombino try it. Do not be repaint.
Attached File(s)
File Type: ex4 @TMSTDI_WatchDog.ex4   23 KB | 932 downloads
  • #438
  • Mar 27, 2012 7:32am Mar 27, 2012 7:32am
Hi,ppl,any trade today?
  • #439
  • Mar 27, 2012 10:13am Mar 27, 2012 10:13am
@ loveevery1
would the entry on the open of that bar be valid? The TDI signalled a few candles earlier but the 1st candle to close below the 200 ema was the one marked by a vertical line.
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  • #440
  • Mar 27, 2012 10:49am Mar 27, 2012 10:49am
Hello folks...just one trade today for 19 pips.text book trade.

im attaching the chart here.sorry folks dont have time to be active on the forum.im sure lot of ppl caught this setup.there were other CT for advanced traders.

i knew the market will fall today.and it did.my 7th sense lol...thats why i set a minimum target for that one.
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Let all the living things live blissfully
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