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Lower risk, stress free TDI system

  • #821
  • May 12, 2016 8:15pm May 12, 2016 8:15pm
Quoting fxenthusiast
{quote} May I know where to get the TDI indicator with divergence lines.....Tnx
​I post this before. You can use simple TDI indicator .
  • #822
  • May 12, 2016 8:17pm May 12, 2016 8:17pm
Quoting ranger_lp
I see users complain about setups that they thought were good and lost trades...yet no one mentions that there were high impact news during some of those periods. And I haven't seen anyone mention anything about that. It is your responsibility as a trader to keep track of when news hits because it will affect your trade. It's not all indicators.....
Right. 100% right. ‹
  • #823
  • May 12, 2016 8:17pm May 12, 2016 8:17pm
Quoting mehdi343
{quote} Right. Your comments are always right . I think you are a professional trader. Thanx for answering the others. Good luck

Hi Mehdi and everyone, so this cross as shown in picture should happen below the yellow line to be valid short trade?
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  • #824
  • May 12, 2016 8:23pm May 12, 2016 8:23pm
In summer when i am free I may provide a pdf with 100 examples of good and bad entry. I will mention all rules and what you need with examples. But before that i think examples in this theread is enough for you to double your account. 
​
​Good luck all.
  • #825
  • May 12, 2016 8:36pm May 12, 2016 8:36pm
Quoting mehdi343
{quote} ​I post this before. You can use simple TDI indicator .
Tnx
  • #826
  • May 12, 2016 11:06pm May 12, 2016 11:06pm
Quoting ranger_lp
I see users complain about setups that they thought were good and lost trades...yet no one mentions that there were high impact news during some of those periods. And I haven't seen anyone mention anything about that. It is your responsibility as a trader to keep track of when news hits because it will affect your trade. It's not all indicators.....
My question is for anybody but especially for you and mehdi.

How can I deal with the high impact news when using method 1 on D1 charts when most of these news happen while I am sleeping? I guess I could set a tighter SL before going to bed but sometimes these news are 4-5 hours later and it wouldn't be ideal to have tight SL for that long as I would most likely be stopped out.

I'm just curious as mehdi said many times that he checks his charts/trades only once per day at the beginning of the day.
  • #827
  • May 12, 2016 11:33pm May 12, 2016 11:33pm
Quoting harrysown
{quote} Hi Mehdi and everyone, so this cross as shown in picture should happen below the yellow line to be valid short trade? {image}
​yes
  • #828
  • May 13, 2016 12:30am May 13, 2016 12:30am
Quoting mehdi343
In summer when i am free I may provide a pdf with 100 examples of good and bad entry. I will mention all rules and what you need with examples. But before that i think examples in this theread is enough for you to double your account. ​ ​Good luck all.
this will be well appreciated sir
  • #829
  • May 13, 2016 4:18am May 13, 2016 4:18am
Greetings Everyone

Does anybody want to share how they filter through all the 28 pairs to find the good pairs? Or do you click on each pair and find one that fits the method 1 or 2?

Wishing everyone green pips!
  • #830
  • May 13, 2016 4:19am May 13, 2016 4:19am
Quoting mehdi343
{quote} In my system if cross apears bellow the yellow line for BUY i will not open a position. I will wait for any rebounds then.
Sorry to confuse mehdi. I take trades like this but I wont post so as to not distract from your quality system.

Look forward to seeing your pdf.

Moonie.
  • #831
  • May 13, 2016 4:38am May 13, 2016 4:38am
Quoting Yeez
Greetings Everyone Does anybody want to share how they filter through all the 28 pairs to find the good pairs? Or do you click on each pair and find one that fits the method 1 or 2? Wishing everyone green pips!
Personally I don't think anyone has time to keep track of 28 pairs and with both methods. You should really backtest the strategy to see which pairs lend themselves better to the strategy and only trade those. (that is what I am currently doing). But otherwise you need to have all 28 pairs open on seperate charts and scroll through every 4 hours.

Dom
  • #832
  • Edited 5:06am May 13, 2016 4:53am | Edited 5:06am
Quoting mehdi343
In summer when i am free I may provide a pdf with 100 examples of good and bad entry. I will mention all rules and what you need with examples. But before that i think examples in this theread is enough for you to double your account. ​ ​Good luck all.

Twenty would ve fine to get a better view of your thoughts ...

Guido
Risiko birgt immer auch die Chance.
  • #833
  • May 13, 2016 5:03am May 13, 2016 5:03am
Quoting DotDom
{quote} Personally I don't think anyone has time to keep track of 28 pairs and with both methods. You should really backtest the strategy to see which pairs lend themselves better to the strategy and only trade those. (that is what I am currently doing). But otherwise you need to have all 28 pairs open on seperate charts and scroll through every 4 hours. Dom
Thanks for your reply DotDom.

It takes me a while to find good setups, but when i do they're profitable (Thanks to Mehdi). But when I look at this thread I see some good setups I missed that I wish i could've taken.
Maybe I am too greedy or eager, i dont know.
  • #834
  • May 13, 2016 6:04am May 13, 2016 6:04am
Quoting Yeez
{quote} Thanks for your reply DotDom. It takes me a while to find good setups, but when i do they're profitable (Thanks to Mehdi). But when I look at this thread I see some good setups I missed that I wish i could've taken. Maybe I am too greedy or eager, i dont know.

Same for me. I sometimes miss good setups which I find here later on. But now I check everything thoroughly.

Anyway, regarding a setup, what you guys think about this one? I will wait for 1 more candle because its pulling back in 1 hr TF.
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  • #835
  • May 13, 2016 6:14am May 13, 2016 6:14am
Quoting DotDom
{quote} Personally I don't think anyone has time to keep track of 28 pairs and with both methods. You should really backtest the strategy to see which pairs lend themselves better to the strategy and only trade those. (that is what I am currently doing). But otherwise you need to have all 28 pairs open on seperate charts and scroll through every 4 hours. Dom

Is it really possible to back test this strategy since the TDI and stochastics both look a lot different when you look back on them compared to when they where forming?
  • #836
  • May 13, 2016 6:26am May 13, 2016 6:26am
Quoting Desiree
{quote} Is it really possible to back test this strategy since the TDI and stochastics both look a lot different when you look back on them compared to when they where forming?
You may have a valid point. But I will never risk my real money on a strategy I haven't first back-tested and then trialled on a demo account. So if it passes the back-testing then I will move onto demo-trading. Only if it passes demo-trading will I then trade a live account with limited risk (usually 1%) and using my own money management rules which I'm still working on for this system.

Dom
  • #837
  • May 13, 2016 6:56am May 13, 2016 6:56am
Quoting Yeez
{quote} Thanks for your reply DotDom. It takes me a while to find good setups, but when i do they're profitable (Thanks to Mehdi). But when I look at this thread I see some good setups I missed that I wish i could've taken. Maybe I am too greedy or eager, i dont know.



It isn't necessary to set up charts for each one. Set up one chart only, maybe 2(one for daily one for 4 hour). You have your list of pairs on the left, just click and drag it onto the chart window. For a system like this the lines are already drawn so you can scan through them all pretty quickly. I have only been testing the system for a few days so I am not fast yet. That said, I can go through the list in 10 minutes pretty easily and identify setups.
  • #838
  • May 13, 2016 6:56am May 13, 2016 6:56am
Quoting Desiree
{quote} Is it really possible to back test this strategy since the TDI and stochastics both look a lot different when you look back on them compared to when they where forming?
Try tradeinterceptor and then login to the 'traders gym'. You choose the date range, add TDI and stochastics, choose timeframe and then you can step forward one period at a time. A trade report can be opened at the end, showing the stats. A bit like the MT4 system but more user friendly. Moonie.
  • #839
  • May 13, 2016 6:58am May 13, 2016 6:58am
Quoting DotDom
{quote} You may have a valid point. But I will never risk my real money on a strategy I haven't first back-tested and then trialled on a demo account. So if it passes the back-testing then I will move onto demo-trading. Only if it passes demo-trading will I then trade a live account with limited risk (usually 1%) and using my own money management rules which I'm still working on for this system. Dom
Yes, that makes sense. So, back testing kind of tells us if a strategy might be feasible and then move on to demo and then live.
  • #840
  • May 13, 2016 7:18am May 13, 2016 7:18am
Quoting Cryptosurf
{quote} I also like to look at multiple TF's for confirmation. If both 4h and daily are in sync on both TDI and Stoch then the entries are golden. {image}

Hi Cryptosurf,
can you share your indi + tpl?
thank you so much
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