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Lower risk, stress free TDI system

  • #121
  • Apr 29, 2016 1:11am Apr 29, 2016 1:11am
Quoting mehdi343
{quote} I did the same but because i cannot chech the charts today. I put TP for this trade.Â
Ok, what level were your entry, stop loss, take profit?
I am at 51 pip profit right now, and my stop loss is at 140 pips distance. I am looking at least RR=1.
While the trade developing in profit, let's say in short trade, do you trail the price putting the sl above the previous candle once a new candle is generated? When do you go at breakeven?

Thanks,
Syl
  • #122
  • Apr 29, 2016 1:21am Apr 29, 2016 1:21am
Hello,

is my entry correct? Watching the big picture we see we are right on the support level, big support. The system gives us a short entry signal with METHOD 2. Would you take this trade knowing that the support is right below us?
Thanks,
Syl
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chfjpyd.png Size: 39 KB
Click to Enlarge Name: chfjpyd2.png Size: 77 KB
  • #123
  • Apr 29, 2016 2:26am Apr 29, 2016 2:26am
Good Morning mates,

for all who doesnt know.

Here a link to the MT4 Simulator.
http://www.forexfactory.com/showthread.php?t=70742

It will teach you much faster then trading in demo. For Example D1 you can gain the Experience of 1 year in 3 to 4 hours.

A little tip. Trade the simulator the same way you trade in real. You can look at the past economic news ore meetings here:
http://de.investing.com/economic-calendar/
only use important news of banks and employments.

A little enhancement for D-Trades who want a "real" Weeklychart for confirmation. You can run the MT4 Twice. It gives you the opportunity to let the Simulator run twice. You only have to copy the MT4 folder. Then right click on the Terminal.exe an change the name to whatever you want "MetaTrade 4 SIMULATOR" ore something. Here the video of open it twice in german:
Inserted Video

But its simple enough.

For creating a weekly chart in this window first open your Daily simulatorchart. The beginning has to be a Monday.
then you drag the Indi "Period_Converter-Opt" on it.
Attached File(s)
File Type: ex4 Period_Converter_Opt.ex4   9 KB | 615 downloads

Attached File(s)
File Type: mq4 Period_Converter_Opt.mq4   15 KB | 653 downloads

Its important to now before you drag it you have to delete the last Offline chart from your session under FILE=>Open delete Charts=> then scroll down to DELETE and select D5.
After draging the indicator you can open your pair under File=>Offlinecharts=>"PAIR"D5
Lets say you got a D1 Trade at the 15.05 and your weekly is at the 13.05 use the "jump to" function. Choose the right date an click. Ever set the speed on 1 in this window. Then click Play and pause 2 to 3 times and the PA of the SIMULATORTAB will shift. THEN you can jump to whe Weeklytab and refresh it with right click.
That gives you the exactly weeklychart according to your daily.
Sounds difficult but its not.

Good luck

Candle
"Repetition is the mother of skill"
  • #124
  • Apr 29, 2016 6:23am Apr 29, 2016 6:23am
Quoting AgaJo
Trades i took with the system, I tried it with 30M TF USDJPY ++60pips EURJPY ++38.8pips and still adding pips :-) {image} {image}
shouldnt you wait for the cross (red/green) to occur below yellow line?
  • #125
  • Apr 29, 2016 6:41am Apr 29, 2016 6:41am
Quoting tonny47
{quote} shouldnt you wait for the cross (red/green) to occur below yellow line?
Agajo is right. Its a method 2 entry.
Rules for M2
http://www.forexfactory.com/showthread.php?t=588548

In both Examples Trigger bounces away from slope. First Time under MBL second time near MBL.
Stoch hast to be near ore under the 50 Line.

If its suggestive to trade M30 is another question.

best wishes for you

Candle
"Repetition is the mother of skill"
  • #126
  • Apr 29, 2016 6:47am Apr 29, 2016 6:47am
Quoting tonny47
{quote} Trades i took with the system, I tried it with 30M TF USDJPY ++60pips EURJPY ++38.8pips and still adding pips :-) {image} {image} shouldnt you wait for the cross (red/green) to occur below yellow line?
Hi Tonny47, yeah, as per Post#1, for Method2,

SELL if:

Stochastic : near or BELLOW 50
TDI : a) looking for cross or rebound but where it is *near or BELLOW yellow line b) cross or rebound DOWNWARD

*guess the cross is near enough the yellow line to make pips
I also checked the trend, the trade was done same direction as H4 and away from EMA200

trade entered not right after the cross was made.
Attached Image (click to enlarge)
Click to Enlarge Name: TDI_EURJPYM30.png Size: 80 KB
If you do not risk it, you cant make it, you cant risk nothing for somethin
  • #127
  • Apr 29, 2016 6:55am Apr 29, 2016 6:55am
Quoting Candle-
{quote} Agajo is right. Its a method 2 entry. Rules for M2 http://www.forexfactory.com/showthread.php?t=588548 In both Examples Trigger bounces away from slope. First Time under MBL second time near MBL. Stoch hast to be near ore under the 50 Line. If its suggestive to trade M30 is another question. best wishes for you Candle
Thanks Candle, I am trying the system on lower TF, for those who are not patient enough for higher TF like me.

http://www.forexfactory.com/showthre...29#post8896729

Have a great day.
If you do not risk it, you cant make it, you cant risk nothing for somethin
  • #128
  • Apr 29, 2016 7:02am Apr 29, 2016 7:02am
Quoting AgaJo
{quote} Thanks Candle, I am trying the system on lower TF, for those who are not patient enough for higher TF like me. http://www.forexfactory.com/showthre...29#post8896729 Have a great day.
Honest Words
"Repetition is the mother of skill"
  • #129
  • Apr 29, 2016 9:06am Apr 29, 2016 9:06am
The strategy performs well when markets are trending...And as usual when it's ranging, you can lose all of your profits and then some...And when markets are swinging, performance depends on the nature of the swing and distance between swing points, but it's close to 50-50 in the swinging scenario...That's just my humble opinion.
Simplicity is the key to brilliance.
  • #130
  • Apr 29, 2016 9:18am Apr 29, 2016 9:18am
Quoting sylbolid
Hello, is my entry correct? Watching the big picture we see we are right on the support level, big support. The system gives us a short entry signal with METHOD 2. Would you take this trade knowing that the support is right below us? Thanks, Syl {image} {image}
Hi, sylbolid.

If you allow me I think you're wrong... By Mehdi343's rules you can't use a TF of D1 with a stochastic "NEAR" 50. Only stochastis >80 or <20 can be used with this D1 Timeframe.

My humble contribution to this excellent thread could be this small text :


If Stochastic >80 or <20 : We are interested with TF=D1 and TF=H4 (Method1)
If Stochastic NEAR 50 (-/+) : We are interested ONLY with TF = H4 (Method2)

If TF=D1 then I look at the Stochastic,
If Stochastic >80 or <20 then I look at the TDIs crossing,
If the TDIs crossing OK then I trade (Method 1)!

If TF = H4 then I look at the Stochastic,
If Stochastic >80 / <20 then I look at the TDIs crossing,
If the TDIs crossing OK then I trade (Method 1)!

If TF = H4 then I look at the Stochastic,
If Stochastic NEAR 50 (-/+) then I look at the TDIs crossing,
If the TDIs crossing OK then I trade (Method 2)!

Another way
When TF=D1, I deny stochastic NEAR 50.
When TF=D1 ONLY Method 1
When TF= H4 Method 1 AND Method 2

By the way I've TWO questions for Mehdi343 :

Could you list the 28 pairs you mentioned ?

What is the broker with Sydney time open for the day ?

Thanks in advance.

Best regards

BBF
BigBlackfeet Always on the(forex) war path !
  • #131
  • Apr 29, 2016 9:26am Apr 29, 2016 9:26am
Quoting mehdi343
{quote} For method 1 stochastic should be above 80 . And green above yellow line and cross or rebound from red line ! In this case i cannot see any signal .
It was nearly a signal but still bagged 30 pips, you can see the rebound of the green line from the red. If i let the trade run i would be 80+ on the charts as you can see
  • #132
  • Apr 29, 2016 9:28am Apr 29, 2016 9:28am
Guys is this a correct BUY entry on aud/usd green line cross red line above yellow line and stochs near 50?
Attached Image (click to enlarge)
Click to Enlarge Name: aud.jpg Size: 350 KB
  • #133
  • Apr 29, 2016 10:14am Apr 29, 2016 10:14am
Quoting BLACKFEET
{quote} Hi, sylbolid. If you allow me I think you're wrong... By Mehdi343's rules you can't use a TF of D1 with a stochastic "NEAR" 50. Only stochastis >80 or <20 can be used with this D1 Timeframe. My humble contribution to this excellent thread could be this small text : If Stochastic >80 or <20 : We are interested with TF=D1 and TF=H4 (Method1) If Stochastic NEAR 50 (-/+) : We are interested ONLY with TF = H4 (Method2) If TF=D1 then I look at the Stochastic, If Stochastic >80 or <20 then I look at the TDIs crossing, If the TDIs crossing OK then...
Hey Blackfeet,

youre right but dont overcomplicate it.

Method1:
Only for D1
Buy:
-Triggerline cross slope ore bounce ABOVE the MBL
-Stoch has to be ABOVE 80

Sell:
-Triggerline cross slope ore bounce UNDER the MBL
-Stoch has to be UNDER 20

Method2 for D1 AND H4:
Buy:
-Triggerline cross the slope ore bounce NEAR ORE ABOVE the MBL
-Stoch has to be NEAR ORE ABOVE the 50

Sell:
-Triggerline cross the slope ore bounce NEAR ORE UNDER the MBL
-Stoch has to be NEAR ORE UNDER 50


Its simple.

Broker for Australia open
https://pepperstone.com
Emm use the same.

If HTF is sh** normally passing the the trade is standard dont know how Mehdi handle that.

MEHDI youre person is demand!!

best wishes for you

Candle
"Repetition is the mother of skill"
  • #134
  • Apr 29, 2016 10:22am Apr 29, 2016 10:22am
Quoting Usmahn
Guys is this a correct BUY entry on aud/usd green line cross red line above yellow line and stochs near 50? {image}
Hey Usmahn,

first question where are youre Heikin Ashis and your Stoch 50 Line?

Youre Triggerline is near flat. Bad sign. Bam bam bammmmm

Stoch bends down. It shows you that the momentum is not on your side.

Watch for stepness of the triggerline while TMS-Trading. Back to the roots. Long clock Angle 12 - 2, Short clock Angle 4 - 6
Attached Image

If your in doubt, stay out. rofl

best wishes for you and your trading

Candle
"Repetition is the mother of skill"
  • #135
  • Apr 29, 2016 10:39am Apr 29, 2016 10:39am
Quoting Candle-
{quote} Hey Blackfeet, youre right but dont overcomplicate it. Method1: Only for D1 Buy: -Triggerline cross slope ore bounce ABOVE the MBL -Stoch has to be ABOVE 80 Sell: -Triggerline cross slope ore bounce UNDER the MBL -Stoch has to be UNDER 20 Method2 for D1 AND H4: Buy: -Triggerline cross the slope ore bounce NEAR ORE ABOVE the MBL -Stoch has to be NEAR ORE ABOVE the 50 Sell: -Triggerline cross the slope ore bounce NEAR ORE UNDER the MBL -Stoch has to be NEAR ORE UNDER 50 Its simple. Broker for Australia open https://pepperstone.com...

Hi, Candle

First thanks for your intervention.

I opened a Demo account with Peperstone but at the moment they show a time of 18:38 which is GMT +3 and I think Sysney is GMT +10.

SO.. ?

Thanks again.

Best regards.

BBF
BigBlackfeet Always on the(forex) war path !
  • #136
  • Apr 29, 2016 10:52am Apr 29, 2016 10:52am
​Hi folks,i am not a big fan of heiken ashi candles,has anyone got a decent TP trigger with 'normal candles' or just wait until th TDI gos flat ?
Best Regrads nozzer :]
  • #137
  • Apr 29, 2016 11:19am Apr 29, 2016 11:19am
blackfeet. I think you will find that Pepperstone will start its daily bar at 5 pm EST. So you will be ok with them. The 28 pairs will be the majors (e.g eurusd) and the major crosses (e.g eurgbp).
  • #138
  • Apr 29, 2016 11:20am Apr 29, 2016 11:20am
Quoting BLACKFEET
{quote} Hi, Candle First thanks for your intervention. I opened a Demo account with Peperstone but at the moment they show a time of 18:38 which is GMT +3 and I think Sysney is GMT +10. SO.. ? Thanks again. Best regards. BBF
Moeepp

https://pepperstone.com/en/support/a...-opening-hours

Attached Image (click to enlarge)
Click to Enlarge Name: Times.PNG Size: 77 KB


best wishes

Candle
"Repetition is the mother of skill"
  • #139
  • Edited 12:19pm Apr 29, 2016 11:30am | Edited 12:19pm
Quoting nozzer
​Hi folks,i am not a big fan of heiken ashi candles,has anyone got a decent TP trigger with 'normal candles' or just wait until th TDI gos flat ? Best Regrads nozzer :]
Hi nozzer,

find your own path.

If you want to use standard candles, learn the stuff of using standard candles. Like Patterns, Inside and outside bars, Master candles, and so on.

The Tdi will make your life easier. Heikin Ashis too.

For tms Trading the Triggerline will guide you through youre trades. If your Trigger goes flat search at things that are bad signs like Resistance and decide to go out. Hooking is a clear signal to go out.

So whats the problem of using HAs?

best wishes

Candle
"Repetition is the mother of skill"
  • #140
  • Apr 29, 2016 11:47am Apr 29, 2016 11:47am
Quoting nozzer
​Hi folks,i am not a big fan of heiken ashi candles,has anyone got a decent TP trigger with 'normal candles' or just wait until th TDI gos flat ? Best Regrads nozzer :]
Nozzle. One option is to use a Heiken Ashi tape indicator then you can see both.
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