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TDI and Stochastic strategy

  • #141
  • Jul 30, 2013 9:21pm Jul 30, 2013 9:21pm
aandaleb;

Thx for a great and easy to follow strat! Ive backtested it...and I must say impressive

keep up the great work
  • #142
  • Jul 30, 2013 10:56pm Jul 30, 2013 10:56pm
Quoting aandaleb
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).
I know I asked you this before but I didn't quite understand your answer. So, in this case I keep the red line right? You turned it green later on, is that correct.

The reason I want to know for sure is that you refer to your TDI as smooth line and mine looks like the Swiss mountains so I assume I did something wrong (and I would love it to work!)
Argue for your limitations, and sure enough, they're yours. Richard Bach
  • #143
  • Jul 30, 2013 11:44pm Jul 30, 2013 11:44pm
Quoting pipsel
{quote} I know I asked you this before but I didn't quite understand your answer. So, in this case I keep the red line right? You turned it green later on, is that correct. The reason I want to know for sure is that you refer to your TDI as smooth line and mine looks like the Swiss mountains so I assume I did something wrong (and I would love it to work!)
Yes, keep the red line.
  • #144
  • Jul 31, 2013 1:19am Jul 31, 2013 1:19am
So basically we would hold now 3 positions averaging the price to approximately 0,90492.


With the current position, looking at the fact that AU is in a downtrend on W1, D1, H4, this is quite daring I must say. The strategy basically is to "get a better averageprice" by adding every 25 pips and wait for a reconsiliation-phase to then take profit.
Would the allover results not be better if in this picture of a downtrend here one would only consider short situations, meaning acting only from TDI being greater then 68 (or at least close to)?

Still, Iīll follow it to see how it goes.
Attached Image (click to enlarge)
Click to Enlarge Name: 96t.png Size: 19 KB
  • #145
  • Jul 31, 2013 3:00am Jul 31, 2013 3:00am
hi dear friend
can you post you template here?
  • #146
  • Jul 31, 2013 3:49am Jul 31, 2013 3:49am
Quoting amir558
hi dear friend can you post you template here?

how to setup your chart is explained clearly on post#1.
read that post and do it on your chart and save that as your template.
then what you can do is to post your charts for members here to look at and help you in case you got your charts set up wrong.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147
  • Jul 31, 2013 5:50am Jul 31, 2013 5:50am
Quoting Poppyyoz
{quote} Yes, keep the red line.
Thank you, that's what I thought
Argue for your limitations, and sure enough, they're yours. Richard Bach
  • #148
  • Jul 31, 2013 6:17am Jul 31, 2013 6:17am
All right, feeling stupid enough now... reading through this thread I see there are still differences with the other posters and I am wondering if you can give feedback. I only have seen 1 opportunity to trade, I put a circle in it... can you please comment / give feedback?
Attached Image (click to enlarge)
Click to Enlarge Name: tdi stoch slope.jpg Size: 212 KB
Argue for your limitations, and sure enough, they're yours. Richard Bach
  • #149
  • Jul 31, 2013 6:57am Jul 31, 2013 6:57am
Quoting pipsel
All right, feeling stupid enough now... reading through this thread I see there are still differences with the other posters and I am wondering if you can give feedback. I only have seen 1 opportunity to trade, I put a circle in it... can you please comment / give feedback? {image}

Yes I agree. This is how I see it if I'm correct. It has not given a signal to set a SL, but if you added as described in post #1 you would have 3 positions.
Barry
  • #150
  • Jul 31, 2013 7:23am Jul 31, 2013 7:23am
Itīs four contracts by now.
  • #151
  • Jul 31, 2013 7:29am Jul 31, 2013 7:29am
Quoting Frenchie
Itīs four contracts by now.
this method works only when there is a deep retracement since the primary trend is down.

or you should only sell using this method after a retracement and the setup occur at after the end of the retracement, i.e. back into the primary trend.

this method is old school.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #152
  • Jul 31, 2013 7:31am Jul 31, 2013 7:31am
and now one would have even 5 contracts !
  • #153
  • Jul 31, 2013 7:35am Jul 31, 2013 7:35am
Quoting Frenchie
and now one would have even 5 contracts !
Make that 6 actually. This is madness going against the trend, sheer madness.
Prices are never too high to begin buying or too low to begin selling.
  • #154
  • Jul 31, 2013 7:56am Jul 31, 2013 7:56am
Yes I did a quick visual stroll back in time and there certainly look to be some days where you would get killed but that observation may be proved wrong with a proper backtest which the author has obviously done. One thing I noted is how little the TDI is above 68 and below 32. Looks to be lots of perfectly good trades in between that won't get taken because it doesn't meet the criteria (perhaps more risk though).
  • #155
  • Jul 31, 2013 9:06am Jul 31, 2013 9:06am
5 positions in, my 6th almost got triggered. TDI moving back down, so looking to exit at breakeven
  • #156
  • Jul 31, 2013 9:16am Jul 31, 2013 9:16am
Quoting Frenchie
So basically we would hold now 3 positions averaging the price to approximately 0,90492. With the current position, looking at the fact that AU is in a downtrend on W1, D1, H4, this is quite daring I must say. The strategy basically is to "get a better averageprice" by adding every 25 pips and wait for a reconsiliation-phase to then take profit. Would the allover results not be better if in this picture of a downtrend here one would only consider short situations, meaning acting only from TDI being greater then 68 (or at least close to)? Still,...
I have to say that on my chart attached the stoc has not crossed the TDI UP, rather the opposite has happened, so I see no long trade yet on the strategy as described.

If there had been the cross in the correct direction, then when the TDI crossed the 50 line you should have placed a stop below the recent low etc etc...

Admittedly not a good time to be looking for longs in this pair it would seem, although who knows when our market making friends will decide to kill all the guys with shorts now that they have us all on board?
Attached Image (click to enlarge)
Click to Enlarge Name: audusdh1.png Size: 51 KB
  • #157
  • Jul 31, 2013 9:23am Jul 31, 2013 9:23am
Quoting foxmaster
{quote} I have to say that on my chart attached the stoc has not crossed the TDI UP, rather the opposite has happened, so I see no long trade yet on the strategy as described. If there had been the cross in the correct direction, then when the TDI crossed the 50 line you should have placed a stop below the recent low etc etc... Admittedly not a good time to be looking for longs in this pair it would seem, although who knows when our market making friends will decide to kill all the guys with shorts now that they have us all on board? {image}
The Stoch/TDI cross occurred on Jul 30 a bit after 10:00. It's on your chart.

TF
Prices are never too high to begin buying or too low to begin selling.
  • #158
  • Jul 31, 2013 9:51am Jul 31, 2013 9:51am
Quoting turtlefan
{quote} The Stoch/TDI cross occurred on Jul 30 a bit after 10:00. It's on your chart. TF
I had another look at the charts on page 1 and it would appear that the description of the strategy needs some clarification of the slope of the stoc at the time of crossing. I have said in my post that the stoc has crossed, however the OP has said that the direction of the stoc needs to be up although I see from his first charts that is not actually the case. Perhaps if he isn't too drunk at the moment he could lend some clarity on this.

I still say that you would be stopped out of your first trade before entering your 2nd, is there a rule to cover this?. A second trade was very near a low and accordingly due to TDI again having crossed the 50 line, that would be stopped out near to BE, and so on to the third trade which is also stopped out by the same rule. Heavens knows when you would want to give up on the trade before your a/c blows?
  • #159
  • Jul 31, 2013 10:46am Jul 31, 2013 10:46am
Quoting turtlefan
{quote} Make that 6 actually. This is madness going against the trend, sheer madness.
When would those 6 have been there...?
Argue for your limitations, and sure enough, they're yours. Richard Bach
  • #160
  • Jul 31, 2013 10:49am Jul 31, 2013 10:49am
Quoting turtlefan
{quote} The Stoch/TDI cross occurred on Jul 30 a bit after 10:00. It's on your chart. TF
Yes, so according to the description in post #1 Stoch/TDI has crossed only once or twice and that would have been the moment to trade, not when it came close to it..., it should actually cross?
Argue for your limitations, and sure enough, they're yours. Richard Bach
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