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Lower risk, stress free TDI system

  • #841
  • May 13, 2016 7:24am May 13, 2016 7:24am
Quoting Moonie
{quote} 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.

tradeinterceptor. O.K. Thank you, Moonie, I will look into that.
  • #842
  • May 13, 2016 8:32am May 13, 2016 8:32am
Quoting harrysown
{quote} 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. {image}
I guess one just has to find their own pairs that work for them.

I just looked at your chart and in my opinion, i wouldnt take that trade. The signal doesnt look strong enough and the candles before the signal dont look strong enough. I might be wrong but thats just my analysis.
  • #843
  • May 13, 2016 8:35am May 13, 2016 8:35am
Quoting mess7777
{quote} 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.
Thanks Mess. Ive been doing the same thing but relying more on the 4h timeframe
  • #844
  • May 13, 2016 8:45am May 13, 2016 8:45am
AUDCHF is heading for a SELL setup on the Daily Chart. Following METHOD 1, the green crosses the red at below the yellow line and stochastic is below 20.

But this daily candle is not closed yet (7+hours to go before it closes). Does the rule says we should always wait for a candle to close and enter at the start of a new candle?

Now below are some of the reasons why I think we shouldn't open a position yet:

1) The candles are trending upwards in the H1 and H4 timeframe
2) The price is around a support area (see second picture)


Thanks
barry
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audchf-d1-international-capital-markets.png Size: 112 KB
Click to Enlarge Name: audchf-d1-international-capital-markets-2.png Size: 119 KB
  • #845
  • May 13, 2016 8:52am May 13, 2016 8:52am
imo daily setups using method 1 are far more rewarding than H4 setups using method 2. You need 3-4 H4 setups using method 2 to make the amount of pips whereas method 1 with Daily charts you only need 1 to get the same result/pips.

This week again i managed to get about break even (not to forget my bad choices of trades and not waiting enough for the right setups to occur), if i used the method 1 all along i would've got a couple of hundred pips just from the aud/cad setup which occured last week on daily let alone all the setups combined.

Next week i am going to focus on the method 1 and see how it results not to forget that's the real stress free system, that's just my opinion from trying this strategy from last couple of weeks.

Good Luck.
  • #846
  • May 13, 2016 9:31am May 13, 2016 9:31am
So far I've backtested 5 pairs, H4 using Method 1 for the period of 2016 only. It's averaging 50% win rate. From my current observations and as with all trend strategies, they work great when the market is trending, but tend to give false signals during consolidation. I will continue to test other pairs and then move onto Method 2 & Daily TF.
  • #847
  • May 13, 2016 9:39am May 13, 2016 9:39am
Quoting DotDom
So far I've backtested 5 pairs, H4 using Method 1 for the period of 2016 only. It's averaging 50% win rate. From my current observations and as with all trend strategies, they work great when the market is trending, but tend to give false signals during consolidation. I will continue to test other pairs and then move onto Method 2 & Daily TF.
Excellent, we need to know the stats, never quite turns out as easy as we had hoped! look forward to your results
  • #848
  • May 13, 2016 9:58am May 13, 2016 9:58am
Quoting xjonasx
{quote} Hi Cryptosurf, can you share your indi + tpl? thank you so much
Here you go....
Attached File(s)
File Type: zip FXSurf TDI Setup.zip   197 KB | 970 downloads
Trade with confidence, trade without fear.
  • #849
  • May 13, 2016 10:34am May 13, 2016 10:34am
Thank you very much Mehdi for sharing this simple and profitable strategy.

I will try to find some entries and test it in the coming days, and then I'd like to code an EA for it. I'm curious to see the results of such an EA even I guess this method will be much more profitable manually because it has a lot of visual analysis (for rebound strength etc.).
  • #850
  • May 13, 2016 10:49am May 13, 2016 10:49am
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!
This is sample of signal alert:
Attached Image (click to enlarge)
Click to Enlarge Name: AlertSignal.png Size: 104 KB


But i'm not entering the market. It's not matched with Method 1 and 2 in Post #1

Ghoul
We are not going to play a winning hand every day
  • #851
  • May 13, 2016 11:35am May 13, 2016 11:35am
Salam Mehdi.

My trade for today on GJ.

Open Sell at 4:35 GMT or 11:35 (my time GMT +7)
Attached Image (click to enlarge)
Click to Enlarge Name: 20160513_0435_GJ_OpSell_a.png Size: 105 KB


Closed at 6:20 GMT or 13:20 GMT +7 and earned 34 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 20160513_0620_GJ_CloBuy(Profit)_a.png Size: 92 KB


Ghoul
We are not going to play a winning hand every day
  • #852
  • May 13, 2016 11:44am May 13, 2016 11:44am
Quoting Ghoul007
{quote} This is sample of signal alert: {image} But i'm not entering the market. It's not matched with Method 1 and 2 in Post #1 Ghoul
Hi Ghoul.

Are the signal alerts triggered by the TDI crossover?
  • #853
  • May 13, 2016 12:09pm May 13, 2016 12:09pm
Quoting Yeez
{quote} Hi Ghoul. Are the signal alerts triggered by the TDI crossover?
Yes, they are.
You can see the EA setting and source code below:
Attached Image (click to enlarge)
Click to Enlarge Name: 20160513_0715_EA2_a.png Size: 207 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 20160513_Script.png Size: 127 KB


Ghoul
We are not going to play a winning hand every day
  • #854
  • May 13, 2016 12:18pm May 13, 2016 12:18pm
Quoting Ghoul007
{quote} Yes, they are. You can see the EA setting and source code below: {image} {image} Ghoul
today is friday and market almost close...i think better wait until monday to trading again..
only 100 pips / week
  • #855
  • May 13, 2016 1:17pm May 13, 2016 1:17pm
​Does anyone know of a good support / resistance indi / plotter?
  • #856
  • May 13, 2016 1:19pm May 13, 2016 1:19pm
Quoting DotDom
So far I've backtested 5 pairs, H4 using Method 1 for the period of 2016 only. It's averaging 50% win rate. From my current observations and as with all trend strategies, they work great when the market is trending, but tend to give false signals during consolidation. I will continue to test other pairs and then move onto Method 2 & Daily TF.
Dom --

This probably tells us something, but I would be cautious to infer much unless the backtest considers such issues as strong recent S and R areas, proximity of the Ema 200 to price, TDI angle, news, BRNs, daily pivots, any trades counter the main trend, # of candles on current Hieken-Ashi color (is the move likely exhausted), small candles around entry (no momentum) . . . well the list is pretty long.

These are things the human trader will look at and pass on some of the trades the backtest platform accepts.

This will, naturally, push up the winning % by applying your own skill to the trade evaiuation.

IMHO, this is another reason why EAs will under perform human decisions, although they may be useful as an alert for you to go to your charts for a closer look.

Every good regard, F-S
  • #857
  • May 13, 2016 1:33pm May 13, 2016 1:33pm
Quoting Cryptosurf
{quote} Here you go.... {file}

thank you so much
  • #858
  • May 13, 2016 2:29pm May 13, 2016 2:29pm
Hi Ghoul007
Like your buy/sell buttons etc. on the right of your chart, is it an indicator ,if so perhaps you could post it
Many Thanks
Geoff
  • #859
  • May 13, 2016 6:54pm May 13, 2016 6:54pm
Well at first i thought this system was going to workout but i've gotten burned baaaaad as you can see in my equity curve. Just click my thjw and scroll down.

Anybody else forward testing this system?
  • #860
  • May 13, 2016 8:05pm May 13, 2016 8:05pm
Quoting thjw
Well at first i thought this system was going to workout but i've gotten burned baaaaad as you can see in my equity curve. Just click my thjw and scroll down. Anybody else forward testing this system?
May we see a few of the trades you took ?
You can never be correct 100% for sure.
Live life king size !
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