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Help with this profitable Indicator

  • #321
  • Feb 23, 2016 12:17pm Feb 23, 2016 12:17pm
Quoting Shemski
Math, please check today's following trades: EURJPY, Long, 14:00 GBPAUD, Long, 03:00 again at 8:00 GBPJPY, Long 06:00 All of the other trades I took today were either non-FX or just me jumping the gun.
The EA traded three pairs:
1. EURJPY, BUY
2. CADJPY, SELL
3. USDCAD, BUY

Overall not bad so far!
Trading is the hardest way to make easy money...
  • #322
  • Feb 23, 2016 12:19pm Feb 23, 2016 12:19pm
Quoting MathTrader7
{quote} The EA traded three pairs: 1. EURJPY, BUY 2. CADJPY, SELL 3. USDCAD, BUY Overall not bad so far!

Yes, I see. But it also missed a few trades. I think it only took about three trades since I started runnig it... It does look good though!
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #323
  • Feb 23, 2016 12:23pm Feb 23, 2016 12:23pm
Please keep an eye on USDCAD. It is lining up for a short. Let's see if the EA takes it.

NZDJPY and CADJPY are also lining up for long positions
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #324
  • Feb 23, 2016 12:56pm Feb 23, 2016 12:56pm
Quoting Shemski
Please keep an eye on USDCAD. It is lining up for a short. Let's see if the EA takes it. NZDJPY and CADJPY are also lining up for long positions
I have a question! The EA must check the cross between TDI and TDI signal line for every tick or at close of a candle?
Checking at every tick means that the indicator may repaint.
Trading is the hardest way to make easy money...
  • #325
  • Feb 23, 2016 1:05pm Feb 23, 2016 1:05pm
Quoting Shemski
Please keep an eye on USDCAD. It is lining up for a short. Let's see if the EA takes it.
Here is why the EA didn't take that trade,
Attached Image (click to enlarge)
Click to Enlarge Name: above_68.png Size: 24 KB
Trading is the hardest way to make easy money...
  • #326
  • Feb 23, 2016 1:18pm Feb 23, 2016 1:18pm
Quoting MathTrader7
{quote} Here is why the EA didn't take that trade, {image}
Which is correct, but please take a look at EJ:

Attached Image (click to enlarge)
Click to Enlarge Name: 2302.PNG Size: 33 KB


Maybe the EA only takes trades on the TDI crossover candle and doesn't wait for the ADX to drop/rise. In this case the TDI crossed the TDI Signal at 13:00 but the ADX was above 50, one candle later the ADX droppped and the TDI's were still below 32 and the TDI was above the TDI Signal....
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #327
  • Feb 23, 2016 1:23pm Feb 23, 2016 1:23pm
Quoting MathTrader7
{quote} I have a question! The EA must check the cross between TDI and TDI signal line for every tick or at close of a candle? Checking at every tick means that the indicator may repaint.
Close of candle
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #328
  • Feb 23, 2016 1:25pm Feb 23, 2016 1:25pm
Quoting Shemski
{quote} Which is correct, but please take a look at EJ: {image} Maybe the EA only takes trades on the TDI crossover candle and doesn't wait for the ADX to drop/rise. In this case the TDI crossed the TDI Signal at 13:00 but the ADX was above 50, one candle later the ADX droppped and the TDI's were still below 32 and the TDI was above the TDI Signal....

Shemski and Math, please incorporate non lag entry after the cross, can be as opposite of trend dot appears.....
Attached File(s)
File Type: mq4 nonlagdot.mq4   5 KB | 513 downloads
  • #329
  • Feb 23, 2016 1:27pm Feb 23, 2016 1:27pm
Quoting driven18
{quote} Shemski and Math, please incorporate non lag entry after the cross, can be as opposite of trend dot appears.....

I am all for adding the NLD. I'd just like to perfect this first.

Could you please post a few examples of where it would've helped or kept us out of trouble?

Thanks
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #330
  • Feb 23, 2016 1:33pm Feb 23, 2016 1:33pm
Quoting Shemski
{quote} I am all for adding the NLD. I'd just like to perfect this first. Could you please post a few examples of where it would've helped or kept us out of trouble? Thanks
Entry only on the white arrow
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 182 KB
  • #331
  • Feb 23, 2016 1:36pm Feb 23, 2016 1:36pm
Quoting driven18
{quote} Entry only on the white arrow {image}
Thanks, I think I would've entered one or two candles earlier. Any examples of where it would've had an advantage over the system as it is now?

Don't get me wrong, I am a big NLD fan, just not sure if it wouldhelp us here. Thanks for your imput my man!!
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #332
  • Feb 23, 2016 1:41pm Feb 23, 2016 1:41pm
Quoting Shemski
{quote} Thanks, I think I would've entered one or two candles earlier. Any examples of where it would've had an advantage over the system as it is now? Don't get me wrong, I am a big NLD fan, just not sure if it wouldhelp us here. Thanks for your imput my man!!

It would help us not to enter here - white arrow
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 179 KB
  • #333
  • Feb 23, 2016 1:47pm Feb 23, 2016 1:47pm
Quoting driven18
{quote} It would help us not to enter here - white arrow {image}
Thats a M5 chart....
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #334
  • Feb 23, 2016 1:52pm Feb 23, 2016 1:52pm
Quoting Shemski
{quote} Thats a M5 chart....
Yes, but idea is the same...
  • #335
  • Feb 23, 2016 1:55pm Feb 23, 2016 1:55pm
Quoting driven18
{quote} Yes, but idea is the same...
NOt really, M5 charts are way too volatilefor this system. Here's a quickexample of two entries compared next to eachother. Myentries are marked with the blue lines, the NLD would've sent a long signal in both cases later and at a higher price.

Attached Image (click to enlarge)
Click to Enlarge Name: 2302.PNG Size: 46 KB


Do you see where I'm going with this?
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #336
  • Feb 23, 2016 2:03pm Feb 23, 2016 2:03pm
Quoting Shemski
{quote} NOt really, M5 charts are way too volatilefor this system. Here's a quickexample of two entries compared next to eachother. Myentries are marked with the blue lines, the NLD would've sent a long signal in both cases later and at a higher price. {image} Do you see where I'm going with this?
Yes, I do...it is Forex and anything can be interpreted positive or negative in the span of few minutes.....so whatever works is fine with me..not pushing anymore

BTW, I was only advocating entries as dot changes color and not on the arrows...
  • #337
  • Feb 23, 2016 2:13pm Feb 23, 2016 2:13pm
hi, sorry to be a pain but where should I start reading as looks different to the early pages of thread.? ​
  • #338
  • Feb 23, 2016 2:18pm Feb 23, 2016 2:18pm
Quoting iak
hi, sorry to be a pain but where should I start reading as looks different to the early pages of thread.? ​
Post 208, 237, 250 onwards.

And anything Math posts!
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #339
  • Feb 23, 2016 2:19pm Feb 23, 2016 2:19pm
Quoting driven18
{quote} Yes, I do...it is Forex and anything can be interpreted positive or negative in the span of few minutes.....so whatever works is fine with me..not pushing anymore BTW, I was only advocating entries as dot changes color and not on the arrows...
I understand. Gotcha!

Thanks, how hasit been on the M5 charts? I'd love to also trade it on quicker charts, just haven't been able tofind nice setups.
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #340
  • Feb 23, 2016 2:26pm Feb 23, 2016 2:26pm
S&P position finally closed. This is a great example of how you can bank on slowly trending prices. My original SL was set at 1% of portfolio. I kept on adjusting my TP keeping my eye on the TDI and the 32 mark. I then looked for resistance and set my TP right above it. This trade made me 2.5% / portfolio.

Attached Image (click to enlarge)
Click to Enlarge Name: 2302.PNG Size: 7 KB


Acouple more weeks of practice and I'll go live. I can't wait to trade this. The fact that it works so well on the H1 chartmakes it even more fun to trade manually. EA's take away all of the fun. LOL
When trading: "Empty your mind, be formless. Shapeless, like water."
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