DislikedUSDJPY / 4H Stochastic over 80 TDI : Green cross above the red line (cross happened above the yellow line) {image}Ignored
Keep it simple without too many crappy indicators!
Lower risk, stress free TDI system
USDJPY / 4H Stochastic over 80 TDI : Green cross above the red line (cross happened above the yellow line) {image}
Daily:
H4:
H1:
- #1,105
- May 20, 2016 5:01am May 20, 2016 5:01am
{quote} At this moment, TDIs on the H1 and D1 charts are slowing down. So before opening a position, is it necessary to check other time frames to make sure that they are all in sync? Daily: {image} H4: {image} H1: {image}
, thank <3{quote} Hi Nikipink, may I ask what SL and TP you use ?
"SL before the last candle. TP AS long as TDI confirm or candle color changes . You can use your own method for tp and SL. "
Eelfranz: "Exit your trade when the green TDI line goes flat" Post 6
Victory Is the Only Thing That Can Keep You Alive...
- #1,107
- Edited 5:45am May 20, 2016 5:28am | Edited 5:45am
{quote} Quick answer, Yes. This thread use swing trading system (long-term trades), not intraday trade. that's why you need daily candle directions to confirm (you can add with weekly candle direction for make sure to open trade). The candle directions fluctuated very fast. But as long as candles from M1 - H4 confirm the market directions/sentiments, you can open trade. i hope you understand my explanation. ghoul
Really appreciate your help man.
i want to know how this indicator works as u have not talked about this indicator regarding making entries or exits
- #1,113
- May 20, 2016 7:40am May 20, 2016 7:40am
- Joined May 2009 | Status: step into liquid | 3,459 Posts
- #1,117
- May 20, 2016 10:37am May 20, 2016 10:37am
- Joined Feb 2015 | Status: Trader | 2,476 Posts
Trade with confidence, trade without fear.
- #1,118
- May 20, 2016 10:40am May 20, 2016 10:40am
- Joined Feb 2015 | Status: Trader | 2,476 Posts
Trade with confidence, trade without fear.
- #1,119
- May 20, 2016 11:22am May 20, 2016 11:22am
{quote} Thanks a lot Ghoul.
you can find indicator description on "about" tab.
ghoul
PS:
Trading with TDI:
Green line = RSI Price line
Red line = Trade Signal line
White lines = Volatility Band
Yellow line = Market Base Line
Entry condition with TDI Indicator:
Buy - if Green over Red & Yellow lines or Green over Red, Yellow, & 50 lines. Exit trade conditions if Green crosses below Red.
Sell - if Red over Green & Yellow lines or Green over Red, Yellow, & 50 lines. Exit trade conditions Green crosses above Red.
If Green crosses either White lines (Volatility Band High and VB Low), consider exiting when the Green line crosses back over the White line.
We are not going to play a winning hand every day
