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Another simple system - Time-Frame 15

  • #3,461
  • Jul 6, 2012 9:16am Jul 6, 2012 9:16am
Hello guys,

I have one question referring the TDI indicator you use.
How do you calculate the yellow line which you can see at the link below?

Normally a TDI indicator includes 2 lines - but your indicator has three lines which are important for to start a trade.

Thank you for answers!
Attached Image (click to enlarge)
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  • #3,462
  • Jul 6, 2012 9:37am Jul 6, 2012 9:37am
The 123 incoporated with Arjun's System is not a mandotary !

When to use 123 ? How to know it's the correct set up when use with this ?

Arjun system touch on structures and formation, looking things at Macro level ( 80% will be valid set up). Sometimes, all things line up nicely for trades , but PA reverse, when it hit 10 ema, and we have no clues how to determine and control this xcept, putting tight SL.

The reason was, we had early entry (itcy fingers). Normally, when PA cross 200ema, it will have a small pull back before continue in the original direction. Or PA will pull back when meet up with s&d area or RN,. this is why we watch 10 ema to confirm and 1.2.3 to confirm ( look at the blue 123 in attached chart - see the pull back ?) Why ?

123 is just an additional method to confirm trades on micro level, with Fibo level, RN, and emas as confluence area. ( I think Gibril mentioned about confluence area in earlier post).

Once you see all this confluence area line up, strong signal and trend will follow. Look at your chart, find EMAS line up with Supply/Demand area, RN, break of TL, fib, Candle formations, then you put in 1,2,3 formation in it.

These kind of trades brings big pips. Bit of screen time will help you to understand this tool to help us becoming profitable traders.

I only need 4 trades per week with 4 pairs, that's all.


123 is not a mandotary to be use here, you can use any other method you find suit for your trading styles.



Peace

Pat Chiko
Attached Image (click to enlarge)
Click to Enlarge Name: 123.gif Size: 221 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,463
  • Jul 6, 2012 10:38am Jul 6, 2012 10:38am
Quoting Pat Chiko
The 123 incoporated with Arjun's System is not a mandotary !

Peace

Pat Chiko
Cheers Pat,

That has certainly given it more context.

Peace profound
Steadfastness is held above all success
  • #3,464
  • Jul 6, 2012 10:45am Jul 6, 2012 10:45am
Greetings!

I am curious as to whether more experienced traders would have entered at the candle after the initial 'news' candle or whether you would have stayed out of the trade alltogether? See chart.

Great thread BTW has been a real goldmine of usefull information.
Attached Image (click to enlarge)
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We're all just one trade away from humility.
  • #3,465
  • Jul 6, 2012 10:53am Jul 6, 2012 10:53am
Quoting Scaalp
Hello guys,

I have one question referring the TDI indicator you use.
How do you calculate the yellow line which you can see at the link below?

Normally a TDI indicator includes 2 lines - but your indicator has three lines which are important for to start a trade.

Thank you for answers!

Hi Scaalp,


There are a couple of indicators that seem to come under the TDI initials these days.

1) Trend Detection Index (TDI) was introduced by M. H. Pee

2) Trend Detection Index (TDI) use in Meta stock


3) Traders Dynamic Index (TDI) Metatrader Indicator. ( one of those so called Russian coded indicators)


So which one is which you're refering to ?

1 ) The Trend Detection Index

Its a simple two line indicator. The blue line represents the Trend Detection Index while the red line represents the Direction Indicator.


2) Trend Detection Index (TDI) use in Meta stock
I've no idea about this

3) Traders Dynamic Index Metatrader Indicator
This hybrid indicator is developed to assist traders in their
ability to decipher and monitor market conditions related to
trend direction, market strength, and market volatility.
Even though comprehensive, the T.D.I. is easy to read and use.
Green line = RSI Price line
Red line = Trade Signal line
Blue lines = Volatility Band
Yellow line = Market Base Line ..............................

we use this indicator fpr this system.

You can find in post #1 the indicators and various other places in this thread detailing the use of it.

hope that clarify.

Peace

Pat Chiko

Attached Image (click to enlarge)
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Attached Image
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,466
  • Jul 6, 2012 11:17am Jul 6, 2012 11:17am
Hello folks...I just came back...dont think i missed the entire move...I told my wife to trade for me today...she doesnt have a clue about forex..just kidding..i told her to sell after LO...and she did. and told her to close the computer and go....she called me and she was shouting with joy...see what happend...

It is not my usual LOt...a fraction of it...i'm happy coz i made her happy.....LOL..she took one loser for -15 pips...and she kept a very big SL on the other two...she wanted me to think she is brilliant.....take a look

Look whos around my good old friend...PAT...we really missed you in this thread...keep dropping now and then from your busy schedule....god bless you for your helping nature...i learn lot from your posts...i miss GIBRIL my brother as well...
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Let all the living things live blissfully
  • #3,467
  • Jul 6, 2012 11:19am Jul 6, 2012 11:19am
Quoting loveevery1
Hello folks...I just came back...dont think i missed the entire move...I told my wife to trade for me today...she doesnt have a clue about forex..just kidding..i told her to sell after LO...and she did. and told her to close the computer and go....she called me and she was shouting with joy...see what happend...

It is not my usual LOt...a fraction of it...i'm happy coz i made her happy.....LOL..she took one loser for -15 pips...and she kept a very big SL on the other two...she wanted me to think she is brilliant.....take a look

Look whos...
i seriously wasnt expectin this big fall...i sure was expecting it to be down though,....anyway my wife is lucky....if she can trade trust me any body can trade in this world...LOL...dont tell her this...sssshhhhhh...

Take care folks...got to go...jus thought i will updat the results....good luck...and happy weekend....PAT please drop by now and then...GOD bless everyone...
Let all the living things live blissfully
  • #3,468
  • Jul 6, 2012 11:21am Jul 6, 2012 11:21am
now think how was i so confident...????i have described a billion times in this thread....its all here folks...dig and apply to the chart...

i dont have time to look in to the posts now if anything has been addressed to me...i will reply to the PMs and and posts this weekend...it was a very nice weekend...LOL
Let all the living things live blissfully
  • #3,469
  • Jul 6, 2012 11:39am Jul 6, 2012 11:39am
Quoting Drewas
Greetings!

I am curious as to whether more experienced traders would have entered at the candle after the initial 'news' candle or whether you would have stayed out of the trade alltogether? See chart.

Great thread BTW has been a real goldmine of usefull information.


Hi Drewas,


To much writting today, and my languange are not perfect.

Post a Chart for you, study it, and you will see script is written like this every week. They go level to level.

Our work is to get in the bus in that level and go down at the next. repeat that everyday.

Personally, I took that trade and two others (EJ, AU). Good pips !


Sincerely


PAT Chiko
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,470
  • Jul 6, 2012 1:49pm Jul 6, 2012 1:49pm
2 perfect charts after the NY open of yesterday explaining the rules one more time.

(I'm a new to Forex,took me over a week before I really understood the TF15 system. Hope it will help others too)
Attached Image (click to enlarge)
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  • #3,471
  • Jul 6, 2012 2:15pm Jul 6, 2012 2:15pm
Quoting SteVeX
2 perfect charts after the NY open of yesterday explaining the rules one more time.

(I'm a new to Forex,took me over a week before I really understood the TF15 system. Hope it will help others too)
It doesn't get simpler than this.
Your chart examples summed it all up so simply CORRECT it's a keepsake.
Personally I've come to a point where if the entry rules are too winding it's not for me.
The beauty of this system is .....
see 200EMA
price close below 10EMA,
10 EMA is below 200EMA,
RSI crosses TSL down,
RSI under MBL
PULL THE SELL TRIGGER !!!!

Sophisticated simplicity.

Nice weekend people.

Henry
Let it turn and find your entry.
  • #3,472
  • Jul 6, 2012 3:29pm Jul 6, 2012 3:29pm
I updated my word doc. with loveevery1's newest additions. Hope you study this.



Steve
Attached File(s)
File Type: doc Another Simple -ADVANCED.doc   1.3 MB | 1,232 downloads
  • #3,473
  • Jul 6, 2012 3:36pm Jul 6, 2012 3:36pm
4h touched 10ema in wonderful downtrend
15m pinbar closing right over 10ema at round number after pushing on it several hours. Take as many pips as you want...its NFP day. I took 51 a few past 1.5500 as the ADR wasn't nearly reached.

Steve
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  • #3,474
  • Jul 6, 2012 5:06pm Jul 6, 2012 5:06pm
Cheers Pat thanks for taking the time, will be very beneficial.

Steve thanks for the summary just what ive been looking for.
We're all just one trade away from humility.
  • #3,475
  • Jul 6, 2012 7:40pm Jul 6, 2012 7:40pm
wow Pat, i salute u with two hands,thats was a wondeful xplanation on the 123 pattern, very kool
and
Stevex, thats was a masterpiece
wat can i say , than to wish u guys an unending PEACE in ur household n life.
i salute u all, L1 u ar always appreciated
shout out to all the followers of this wonerful thread.

long live this system.......
long live forexfactory
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  • #3,476
  • Jul 6, 2012 7:58pm Jul 6, 2012 7:58pm
hello traders!
pls cud somebody pls help..
my dti indicator looks different wth that posted by stevex , was just wondering if there is a particulae setting used?
this is the EURUSD today.
Attached Image (click to enlarge)
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Enter Signature
  • #3,477
  • Jul 6, 2012 8:10pm Jul 6, 2012 8:10pm
Quoting kbforex
hello traders!
pls cud somebody pls help..
my dti indicator looks different wth that posted by stevex , was just wondering if there is a particulae setting used?
this is the EURUSD today.
Hi Kbforex,

I added the Volatility Band (Blue lines)
If they are close to each other then there isn't much market movement. Not the best momement to trade.

You can enable them in the parameters of the TDI indicator.
Colors Tab: Line 1 & 3 (same as you did with line 2: yellow)

Have a nice weekend!
  • #3,478
  • Jul 7, 2012 1:30am Jul 7, 2012 1:30am
It is indeed this simple...i never wanted to post these charts...as most of the folks here will come up with lot of questions...this requires more training...I'm posting this only for experienced traders...Newbies plz dont even think about it....

This is how i analyse Down or up...just keep practicing for 6 months and you will get it....
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Let all the living things live blissfully
  • #3,479
  • Jul 7, 2012 1:40am Jul 7, 2012 1:40am
Quoting Drewas
Greetings!

I am curious as to whether more experienced traders would have entered at the candle after the initial 'news' candle or whether you would have stayed out of the trade alltogether? See chart.

Great thread BTW has been a real goldmine of usefull information.
Hi mate,

As for me i wait for these news and i usually trade during those times. in that particular example i traded gold vs USD. so i set two pending orders just 5 - 3 mins before the news, enable my "trailing ea" just to lock the profit cause the price in couple of seconds can move up to 100 pips and you won't be able to lock in the profit.
And i do agree with Faramirsen on using a kind of trailing ea that will automatically set your trade to breakeven then when the price moves further it will automatically lock the profit and IF the price suddenly moves not in your favor you won't loose your profit locked by an ea.
So this is how a trade such things.
And such things happen everywhere. the only thing that you need is to know how the currency reacts on such kind of events.
P.S. I know that it is not the theme of this thread but i wanted to show how you can trade such things, but it is very risky cause you don't know what will happen during the news, that why i use trailing EA.
Don't judge me too strict this is the way I am!
Regards
Roman
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  • #3,480
  • Jul 7, 2012 1:46am Jul 7, 2012 1:46am
Quoting stevewide
I updated my word doc. with loveevery1's newest additions. Hope you study this.

Steve
Thks for the doc Steve, been looking to pull something together myself will use this as reference.
Steadfastness is held above all success
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