Bro are you able to link your indis? And are your "dragons" 
the 34,89 ema set to close?
the 34,89 ema set to close?
I want more brain power!
- #44
- Jan 1, 2014 4:32am Jan 1, 2014 4:32am
- Joined Jun 2012 | Status: Trader , Analyst and Mentor | 5,884 Posts
Say something meaningful or Silence!!
{quote} Below are some examples of why showing TradeExplorer can help us to follow your guidance better, especially with regards to money management. These guys unfortunately lost all their hard-earned profits on a single loser, but on so-called "guru threads" you won't ever see the teachers post their TradeExplorers because they want to avoid revealing such mistakes. Typical excuse is, "I make good money and I don't have anything to prove" or "I make a good living off trading and my real account just grown 30% this week". The guys below were honest...
This part will be slightly contradictory but yes there is a lesson to be learnt from the explorers you've shared. Which I feel is not the topic of discussion here.
Let chaosbun decides what he wants to share and how he wants to steer the thread
I want more brain power!
Ok I think I've got my chart set up using a white scheme.
Will observe how it works in real time.
I've been running around FF for a good part of last year getting exposed to a number of solid systems and the idea behind my approach is to expose myself to the many many different ways people approach the market. I don't know about 5-10% returns daily but if you are achieving that then I must say to you well done young man! Anyway as mentioned, I've got the template up and will do some tweaking of my own as it goes along. Thanks for sharing and coffee one of these days perhaps
Happy 2014
Will observe how it works in real time.
I've been running around FF for a good part of last year getting exposed to a number of solid systems and the idea behind my approach is to expose myself to the many many different ways people approach the market. I don't know about 5-10% returns daily but if you are achieving that then I must say to you well done young man! Anyway as mentioned, I've got the template up and will do some tweaking of my own as it goes along. Thanks for sharing and coffee one of these days perhaps
Happy 2014
I want more brain power!
Ok I think I've got my chart set up using a white scheme. {image} Will observe how it works in real time. I've been running around FF for a good part of last year getting exposed to a number of solid systems and the idea behind my approach is to expose myself to the many many different ways people approach the market. I don't know about 5-10% returns daily but if you are achieving that then I must say to you well done young man! Anyway as mentioned, I've got the template up and will do some tweaking of my own as it goes along. Thanks for sharing...
Color Input #1 and #3 For TDI need to be change as you using White, the line is not showing. Its sort of like bollinger band for TDI
Here my chart in black for the same TF - H1 (EUR/USD)
Our value might be slightly different as I am using FXCM for my MT4 (Base for getting Volume as they are 1 of the top broker with regards to Volume).
Our ending price differ, but you can check if any missing lines etc.
{quote} Hi blamshakk, In regard to your request about the indicators, i have uploaded them for you, please find the attachments below. About the H4 stoch, i find it not really useful as the TDI has done its job and it does not give me any early confirmation, so i have removed this one out of my chart. The RSI filter, on the other, is kinda a good indicator, it is basically RSI but with different setup/view (imo). If you look at the chart i have posted, the RSI filter shows a very consistent trend, especially in large time frame and it is not lagging like other indicators. Therefore, i use it to confirm a medium-longer term order or to filter out or trade the break-out. My brief strategy about when should i enter a trade based on my indicators is: For Scout order: (i have gotten this term from Sonic thread as i have subscribed to the thread for couple months, big credit to TAH and Sonic): Synergy TDI: green line cross the red line for long/short order (green line does not need to cross the yellow line) Genesis matrix: at least 2 red/blue squares for long/short order Candles crosses the trendline Consider the other 2 previous candles to see if is there any sign of reversal/break-out Zooming out to bigger time frame (1H, 4H) to see sign Stop-loss should always be set about 20-30 pips range (depend on you trading style and your analysis) because you will catch the order at the very top/bottom candle so i assume this range should be safe and large enoughFor Classic order: Synergy TDI: green line cross the red line and they have to cross the yellow line as well, for short/long order Synergy Volatility: the green line has to cross the pink horizontal line Genesis matrix: 4 red/blue squares Candles crosses the trendline, and only enter in the 3rd candle or 2nd (if you are quite aggressive) from the first candle that shows you the early sign of bullish/bearish trend Looking at the volume (very important for swinger or intraday trader) and analyze them to see if the new trend will be consistent or just a fake-out For a more obvious order, these rules should be applied to larger time frame If the RSI filter shows, thats pretty good to keep your order running for profit. But as i told u earlier, it will show quite late after all.These rules are just my personal rules to trade forex and probably to share and help each other (sharing is caring, isnt it?), these steps do not intend to educate anyone or to prove a 100% success rate (or even 90%). I welcome any comments and contributions (or new and useful indicators hahaha) that can help me and us to learn better, in order to produce a more consistent secondary income. Regards, SN. P/S: With the RSI filter, i have personally changed to value of periodRSI to 6, hopes it help. {file} {file}
Is there any page to learn about RSI Filter
Thanks !!Cheers (^^) Happy 2014 and enjoy making pips.
Learn to Trade is Important. Keep your bias & ego aside.
Update to my previous orders 2 days ago: 
- NZD/USD: stop loss was hit in 20-30 pip range (scout order). I opened this trade before i went to work, i believed that i could have closed them for less loss or a tiny profit if i was in front of my computer. Anyways, with +120 pips profit on this pair early, it still brought me about 30 pips gain
- AUD/USD: My order is still open for a loss. Looking at 1H, we can see the increasing bullish volume, which may be bad signal for my order. However, looking at 4H chart, if that doji candle is set (which will be 2hours later after the market opens), i will consider let the order run to see further sign. Also AUD/USD is being in bearish trend.
- USD/JPY: my trades are running for profit. 1H and 4H time frames with all the indicators are also supporting my orders. Especially, USD/JPY is in a very bullish condition. I will see how far my orders can move.
{quote} Is there any page to learn about RSI Filter
Update to my previous orders 2 days ago: NZD/USD: stop loss was hit in 20-30 pip range (scout order). I opened this trade before i went to work, i believed that i could have closed them for less loss or a tiny profit if i was in front of my computer. Anyways, with +120 pips profit on this pair early, it still brought me about 30 pips gain AUD/USD: My order is still open for a loss. Looking at 1H, we can see the increasing bullish volume, which may be bad signal for my order. However, looking at 4H chart, if that doji candle is set (which will be...
I am with you on AUD/USD
I have no fear on this trade at all. I set my SL somewhere high up at 0.9080 to prevent getting wash away, but I still fine with this trade.If price breach 0.900, I will look at price action and decide whats next
Other than that, I looking forwards to retest 0.88 zone.TDI , Volume , Retail Trader is on Long Bias so I goes Short, AUD governor and deputy mention about AUD is too high.
All of this make me think AUD is up for a bearish setup. But of course have to trade with caution.
Ah..thanks for mentioning the lines
No problem, I am same as you, I spend my past 1 year to try different system, test them, and see which works the best, TDI seems to be 1 of the best, but volume and price action (look @ the chart ) is also very important.
Lastly, I realize its more of not thinking the price is too high or too low to go further, because this kills a lot of people to counter trend trading.
Have a nice day, I think market is open tommorow
Saw a list of events coming up at calendar.Tokyo , London and New York
A GOOD VIDEO that inspires me to use Bollinger Bands in my system - 50 period , Deviation 2, just like my template setup
Inserted Video
Learn to Trade is Important. Keep your bias & ego aside.
- #58
- Jan 1, 2014 9:03pm Jan 1, 2014 9:03pm
- Joined Mar 2010 | Status: Trader | 2,261 Posts
hey chaosbun
do you think this system can be adapted to H4?
do you think this system can be adapted to H4?
AUD/USD trade closed in profit at 05, get about 5% return of investment, profit withdrawn, the price was lower earlier on at 8x range but was sleeping . Anyway was a good call
hey chaosbun do you think this system can be adapted to H4? {quote}
You can download my template & indicators on Post #1 and try it out
I use H1 because I can afford to look at my chart every 4-5 hours or so.
H4 is possible because its bigger TF than H1, with lesser noise etc just that I not good with it yet
i'm using similar but 4H chart http://www.forexfactory.com/attachme...1&d=1388632229 {image}
Saw your chart, you got the same 34,89 EMA as I do, but I think it might be cool if you can add VSA to analyze volume together with your TDI since your TDI histogram hold quite a big portion of the chart.
You can put 2 indicators in 1 histogram window by dragging the Custom Indicator from Navigator.
Learn to Trade is Important. Keep your bias & ego aside.