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Attachments: TDI and Stochastic strategy
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TDI and Stochastic strategy

  • #21
  • Jul 14, 2013 3:30pm Jul 14, 2013 3:30pm
Quoting txfxtrader
Have you every tried a small pip size range bars to catch some intraday movement with the TDI? The 1st green line is when RSI is <32 and the 2nd green thick line could be the entry based on the Genesis indicator. Red line is the last low that could be used as the stop loss. {image}

I have not tried small pip size ranges because they typically involve short times (scalping), and my broker doesnt allow scalping, plus I prefer somewhat longer times (like a couple of trades per week) so I'm not always watching it. Plus, I just started teaching my girlfriend how to trade this method with small lot sizes and she wouldnt be able to handle fast trading ;p
  • #22
  • Jul 18, 2013 9:38pm Jul 18, 2013 9:38pm
Anyone out there willing to write a simple alert indicator for me? All I need is a notification when TDI touches 32 or 68.....Thanks in advance.
  • #23
  • Jul 22, 2013 3:20am Jul 22, 2013 3:20am
Hello Aandaleb,

For me this strategy works better either on 4hr or Daily on all currency pairs. Changing from 1hr to 4hr gives more pips. I'll send you my screenshot.
Be the dragon master...
  • #24
  • Jul 22, 2013 3:26am Jul 22, 2013 3:26am
Hi Aandaleb

Please look at my demo account to show you that this strategy works on bigger and any other currency pair.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD 22-07-2013.jpg Size: 420 KB
Be the dragon master...
  • #25
  • Jul 22, 2013 4:48am Jul 22, 2013 4:48am
aadela
thanks for your system. can you kindly save and post your template?
i am the lord that giveth thee power to create wealth.
  • #26
  • Edited 9:42am Jul 22, 2013 8:49am | Edited 9:42am
This is my setup to the best of my understanding of this system. when exactly do i exit this trade? am currently 17pips in profit.
this is my first trade using this system.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudh1.png Size: 40 KB
i am the lord that giveth thee power to create wealth.
  • #27
  • Jul 22, 2013 4:31pm Jul 22, 2013 4:31pm
How long have you been using the strategy in the current version?
What is the average number of pips/week?
  • #28
  • Jul 22, 2013 11:02pm Jul 22, 2013 11:02pm
Quoting fx light
This is my setup to the best of my understanding of this system. when exactly do i exit this trade? am currently 17pips in profit. this is my first trade using this system. {image}
Hi FxLight.


Depending on your Lot Size. Have a strategy where you can say to yourself I am happy with 30pips per day. That works out better if you already know what you already expect to make per day. Yes you will lose some pips now and again. Remember, the Market does not owe anyone. There's about 4 trillion dollars for 5 days every single week.
Be the dragon master...
  • #29
  • Jul 23, 2013 11:29am Jul 23, 2013 11:29am
Quoting mastersm
{quote} Hi FxLight. Depending on your Lot Size. Have a strategy where you can say to yourself I am happy with 30pips per day. That works out better if you already know what you already expect to make per day. Yes you will lose some pips now and again. Remember, the Market does not owe anyone. There's about 4 trillion dollars for 5 days every single week.
The above advice and the OP advice to add to losing positions goes contrary to the wisdom of "cut your losses short and let your profits run."
  • #30
  • Jul 25, 2013 7:16am Jul 25, 2013 7:16am
Quoting aandaleb
Anyone out there willing to write a simple alert indicator for me? All I need is a notification when TDI touches 32 or 68.....Thanks in advance.
Try the attached.
Attached File(s)
File Type: mq4 TDI Red Green_Alert.mq4   11 KB | 2,113 downloads
  • #31
  • Jul 25, 2013 4:32pm Jul 25, 2013 4:32pm
Quoting mastersm
Hi Aandaleb Please look at my demo account to show you that this strategy works on bigger and any other currency pair. {image}
You have not set the system up correctly, and there will not be able to get the correct signals I use. I recommend you read post #1 again and follow the directions. Remove the fast line from TDI, and overlay Stoch over TDI. And as for the longer time frames, look at AUDUSD daily, it will be obvious why it only works on 1hr.
  • #32
  • Jul 25, 2013 4:33pm Jul 25, 2013 4:33pm
Quoting fx light
This is my setup to the best of my understanding of this system. when exactly do i exit this trade? am currently 17pips in profit. this is my first trade using this system. {image}
You have not set up the system as per the directions either, and therefore will not correctly receive the signals. I re-read my instructions and they are very clear. Try again and post another pic.
  • #33
  • Jul 25, 2013 4:43pm Jul 25, 2013 4:43pm
Quoting Kendal
How long have you been using the strategy in the current version? What is the average number of pips/week?
I have been using this system for about 6 months. Its hard to put an average on the pips/week, but I would say overall about 300 pips/week. Now that may account has grown substantially, I use less risk than before. By risk, I mean my TP is earlier. I am usually happy now when I am at 100 pips profit per trade, and I close without saving any positions for more profit, since my position size( and profit) is wayyyyyyyy more than before so I am happy to take 100 pips and not be greedy or feel bad even if it continues for another 200 pips (sounds stupid but Im really not greedy at all and happy with my $1000-$3000 per week (depending how many positions I get into).
  • #34
  • Jul 25, 2013 4:48pm Jul 25, 2013 4:48pm
Quoting Kendal
{quote} The above advice and the OP advice to add to losing positions goes contrary to the wisdom of "cut your losses short and let your profits run."
You are right, it absolutely goes again typical forex wisdom, but it works for me. I asked myself one day, "Who made these rules anyway? Was it the big guys making rules that sound obvious and true to prevent others from making money?" So I started thinking outside the box, and as I said, it works for me and I am happy with what I am doing. Even if I blew up my account, I would still be able to re-fund it several times over with the profits I have made, not include the stuff I have already bought.

Now my questions to you....Hows that wisdom working out for you? Are you consistently increasing your account month after month?
  • #35
  • Jul 26, 2013 1:09am Jul 26, 2013 1:09am
Quoting EaglePip
{quote} Try the attached. {file}
Thank you for your attachment, but it doesnt trigger an alert for me when TDI crosses 68/32.....
  • #36
  • Edited 1:50am Jul 26, 2013 1:33am | Edited 1:50am
Quoting aandaleb
{quote} Thank you for your attachment, but it doesnt trigger an alert for me when TDI crosses 68/32.....
Did you set Alert On to 'True'?
Also check this:http://www.forexfactory.com/showthre...91#post5889791
  • #37
  • Edited 6:20am Jul 26, 2013 6:00am | Edited 6:20am
Will this be the correct enter for short?

http://charts.mql5.com/2/126/audusdp...orex-com-4.png
  • #38
  • Jul 26, 2013 10:37am Jul 26, 2013 10:37am
This system qualifies for an EA, i think. Anyone?
福 子 Victor V
  • #39
  • Jul 26, 2013 11:59am Jul 26, 2013 11:59am
I had question aandaleb. I know, it would be silly to ask it, but I would do it anyways...

You said that your broker does not allow you scalping. What if he would have, would that have altered your strategy? I mean I prefer shorter time range. If you would have altered your strategy, what would have been your move?
  • #40
  • Jul 26, 2013 2:47pm Jul 26, 2013 2:47pm
Quoting aandaleb
This is my strategy for making money. It is similar to eelfranz's "Trading Made Simple". Set up TDI Indicator. Setup Stochastic Slope indicator as OVERLAY (on top of TDI). Remove the fast moving line of TDI (turn it black so you cant see it), so only the red line remains (I changed the colour to green because it stands out better). Now remove the blue dotted line from the Stochastic Slope (again turn it black). Also, remove the 80/20 lines from Stochastic Slope aswell. See picture attached for my...
Hello,
Is it possible to upload a template to this system. Thanks a lot, it is promising..
My help is in the name of the Lord who made heaven and earth.
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