Another simple system - Time-Frame 15

Is it bad and recommended to NOT trade if the price is between 200EMA and 800EMA?

When is the most IDEAL time to enter a trade? Above 200EMA or below 200EMA?

Newbie here trying to be a better trader =)

Questions again.
Ok in the TDI Line panel. There are 3 numbers provided at the right section.
68 , 50 , 32
Does 68 means its OVER BOUGHT ?
Does 32 means its OVER SOLD ?
So, is it highly recommended to trade when the lines are in between 68 and 32 ?
So, is it a buy signal when the line is below 32 ?
So, is it a sell signal when the line is above 68 ?

Sorry for all these questions. I'm trying to straighten the lines in my head

shorts when price below 200EMA, long when price above 200EMA -- general rule

Thank you so much.
Ah, what exactly is the 800EMA for?

on TDI you take crosses as buy sell signals
so if price is above 68 will not take long, when price is below 32 do not take shorts

THANK YOU SO VERY MUCH! finally lines straighten.

800EMA describes market direction in longest run

One last question =)
What is the difference between the GREEN and RED lines?

get beck to first posts and go through again, and again and watch the old charts is only way to understand

Go to post 14993 and load Dean Malone pdf paper, there is everyting you would like to know explained, good stuff for weekend

Hi, what is RN? what does it stands for?

this comes from Round Number, like price has round numerd 1,5000 or 1.5500...
We recognise also BRN for Big Round Number 1.55000 will be RN and 1.5000 BRN

here you are most of used on FF acronims:

Acronyms: ( Alphabetical Order )
A : Answer
ASAP : As Soon As Possible
ATL : Ascending Trend Line
ATM : At The Moment
BE : Break Even
BIS : Bank for International Settlements
BO : Break Out
BOE : Bank of England
BOJ : Bank of Japan
BT : Back Test
BTDTR : Better Trades Down The Road
CH : Channel
CO : Current Outlook
CT : Chart
CZ : Consolidation Zone
D1 : Daily CHart
DD : Drawdown
DER : Derivative
DG : Diagonal
DL : Dead Line ( Most Poss Exit Level with LOSS )
DM : Down Move
DOM : Depth Of Market
DTL : Desecending Trend Line
DUR : Duration
ECB : European Central Bank
EQUL : Equlibrum Level
EW : Elliott Wave
EZ : Expanding Zone
FA : Fundumental Analyses
FB : Fibo
FED : Federal Reserve Bank
FL : Floating
FOT : Finger On Trigger ( Finger on Close button )
FT : Forward Test
FYI : For Your Information
FIFO : First In First Out
HFT : High Frequency Trading
HH : Higher High
HL : Higher Low
HR : Horizantal
HS : Head & Shoulder Pattern
I/D : IntraDay
IB : Introducing Broker
IMO : In My Opinion
IMHO : In My Honest Opinion
LC : Lower Channel
LG : Long Trade
LH : Lower High
LL : Lower Low
LTRO : Long-Term Refinancing Operations
MA : Moving Average
MAE : The Maximum Adverse Excursion is a term used to measure how much a trade moves against you, from your Entry.
MC : Margin Call
MESS : Mess
MFE : The Maximum Favorable Excursion is a term used to measure how much a trade moves in your favor, from your Entry.
MKT : Market
MM : Money Managment
MTFA : Multi Time Frame Analyses
NL : Neck Line
NMC : Normal Market Conditions
NP : No Problem
NS : Normal Size ( Trade Lot )
NZ : Narrowing Zone
OC : Open/Close
OCO : Order Close Order
OCTEA : One Click Trading EA
OMT : Outright Monetary Transactions
OPP : Opportunity
PA : Price Action
PB : Pull Back
PO : Pending Order
POSS : Possible
PV : Pivot
Q : Question
Rn : Renko Bar Chart with n pip Range
RBA : Reserve Bank of Australia
RO : Rollover
RR : Risk Reward Ratio
REZ : Resistance
SE : Stock Exchange
SH : Short Trade
SL : Stop Loss
SOH : Sitting On Hands
SS : Same Size ( Trade Lot )
STP : Standart Temperature Pressure ( Normal Market Conditions )
SUP : Support
S/D : Supply/Demand
S/R : Support/Resistance
S/T : Short Term
TP : Take Profit
TA : Technical Analysis
TG : Target
TF : Time Frame
TL : Trend Line
TS : Trailing Stop
TY : Thank You
TYPO : Typographical Error
UC : Upper Channel
UP : Up Move
UNCH : Unchanged
VR : Vertical
W1 : Weekly Chart
W : Wave
WE : Weekend
WL : Wave Long ( Wave Up )
WS : Wave Short ( Wave Down )
YW : You’re Welcome

Candle below 200EMA. Candle below 10EMA. Green and Red lines crossed Yellow.

Whay does loveevery1 means? RN right below? Is it a NO to open sell although it was a Short Signal?

Le1 is saying that price having level of RN on its way can be stoped becoz BRN and RN act in most cases as support or resistance . Take look on charts when you have marked RN levels, how often price is bouncing from them and change direction of its move...

Can anyone teach me how to activate and use the Backtest feature in MetaTrader 4 ?

I want to try using this system with TDI.
Thanks

http://www.forexfactory.com/showthre...00#post5088200

here you will find simulator for MT4 and instruction how to use this, Good Luck

You can also use MT4 directly to see chart candle by candle using F12,

Ok, what do you think will happen in this chart?
EURUSD M15

Bar below 10EMA. Green line crossed first below yellow line, then the Red line crossed below the yellow line.
BUT, the chart is ABOVE 200EMA.

Is this still a Short Signal? (because bar is below 10EMA and the Green and Red lines are below the yellow line)
or
Its a Long Signal? (bacause the chart is above 200EMA)

Ooops, forgot the chart. Sorry

Ok, what do you think will happen in this chart?
EURUSD M15

Bar below 10EMA. Green line crossed first below yellow line, then the Red line crossed below the yellow line.
BUT, the chart is ABOVE 200EMA.

Is this still a Short Signal? (because bar is below 10EMA and the Green and Red lines are below the yellow line)
or
Its a Long Signal? (bacause the chart is above 200EMA)