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Lower risk, stress free TDI system

  • #1,761
  • May 31, 2016 12:33pm May 31, 2016 12:33pm
https://gyazo.com/67c5c598710b0170a022d88700e41b15

Loss on UCAD. hit my stop for a 36 pips but not a big loss.


https://gyazo.com/686409dd55a9ce5b6c3db5331d692097

Win on EURGBP. great win. 50 pips! 3 and 1 today with this strategy.
  • #1,762
  • May 31, 2016 12:33pm May 31, 2016 12:33pm
Hi all, I've done my homeworks and first of all I wanna thank the creator and the contributors keeping this alive and evolving, you are giving me great ideas to apply and test after/while mastering the original method (specially Merrygold with the MTF analysis, which thanks to Alien I'm familiar with).

I've got certain doubts about the original system, some have been partially answered before, but for the sake of clarity I will ask again, I hope Mehdi can answer:


1) News. I guess low liquidity times and high impact news are a must-avoid in "small" Tfs, but since I plan trading in H4 and D1, can I "relax" about them with this system? Meaning that while being aware, not being too concerned unless are holidays, NFP, interest rates, WWIII and so on hehe.

2) Are the HA candle colors relevant when taking an entry? Mehdi, you sometimes use color change to exit a trade, but no specific color required to enter, right?

3) About the previous candle's size, it shouldn't be too small (means weak movement), but I guess shouldn't be too big either to avoid retracements? How's this related to S/R? You said that if you see a "strong confirmation" you would open a trade despite those levels and I got lost there, I think you mean a big candle, confirmation of a broken S/R level, right?

4) When we speak about stochastic levels, I guess that only the blue line matters, right? (According to the original stochastic colors used). And are crosses any important?

5) The SL most times is "before the last candle", does it mean previous candle's open/close or its high/low?

6) Are the blue lines a relevant level when taking a trade if the green line is outside them? Or just the yellow/red lines and OB/OS levels of TDI?

7) This question is regarding other timeframes, when you use W1 or H1, is it better to use method 1 or 2? This needs my own research indeed, but just in case I ask you all about your opinions .


This will do, thank you in advance and I'm sorry about the huge post! I'll start contributing with my own setups when I'm ready.
"Know thyself."
  • #1,763
  • May 31, 2016 1:31pm May 31, 2016 1:31pm
Quoting Saripefx
Good afternoon everyone. I'm having good results with Mehdi strategy. But today I had a great loss -175 pips. I find it hard to leave when the market comes against me, always I think it will come back. Moonie, the watchdog indicator would have warned me about the entrance? I would opinions: 1) Tdi was a rebound, or was not a valid configuration? 2) When the price comes against what time I leave, I look for a smaller TF like H1 to know? Thank you very much. {image} I could have left at this point in H1? {image}
Hi Saripefx,

My ATR indicator high and low were too close together for a valid trade for me on H1 with the GY. Don't forget, you should only take a long when you have a TDI cross above the yellow market baseline. Only take a short when you have a cross below the yellow line. Therefore, I only got alerts for shorts on the GY today. Picture showing them below.

Attached Image (click to enlarge)
Click to Enlarge Name: GY_Moonie.GIF Size: 72 KB


Cheers

Moonie.
  • #1,764
  • Edited 2:44pm May 31, 2016 2:27pm | Edited 2:44pm
Attachment Ok this is a EA that can be used with any system to take partial profit I use it with TDI . Download to MQ4 experts. Its simple it has 3 take profit positions and 3 stoploss positions. The screenshot shows a .3 initial position with a take partial profit at 15 pips 25 pips and 35 pips can be set to any value . The stop loss is moved to break even at 15 pips etc . all options can be set to your own profit and stop loss. ie 1TP 50pips 2TP75pips 3TP 100pips. easy but good,
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 55 KB
Attached File(s)
File Type: ex4 Forex_Trading_Troll_v2.ex4   21 KB | 426 downloads
  • #1,765
  • May 31, 2016 4:28pm May 31, 2016 4:28pm
Quoting bob44
1940706Ok this is a EA that can be used with any system to take partial profit I use it with TDI . Download to MQ4 experts. Its simple it has 3 take profit positions and 3 stoploss positions. The screenshot shows a .3 initial position with a take partial profit at 15 pips 25 pips and 35 pips can be set to any value . The stop loss is moved to break even at 15 pips etc . all options can be set to your own profit and stop loss. ie 1TP 50pips 2TP75pips 3TP 100pips. easy but good, {image} {file}
Thanks Bob,

Do you know if I could use this for my MM? I like to move my stop to +5 after price moves 25 pips and then TP after 50 pips.

Cheers

Moonie.
  • #1,766
  • May 31, 2016 4:28pm May 31, 2016 4:28pm
Quoting Saripefx
Good afternoon everyone. I'm having good results with Mehdi strategy. But today I had a great loss -175 pips. I find it hard to leave when the market comes against me, always I think it will come back. Moonie, the watchdog indicator would have warned me about the entrance? I would opinions: 1) Tdi was a rebound, or was not a valid configuration? 2) When the price comes against what time I leave, I look for a smaller TF like H1 to know? Thank you very much. {image} I could have left at this point in H1? {image}
Hi Saripefx,I put SL at the nearest RN or BRN after S/R to maximize the safety of the trade.Very important thing about loss is calculating lots/positions. You must always risk fixed amount according to spread size and point of SL you want to have. By good positioning loss of 10 pips and 150 pips are equal, because you risk always 1 or 2 % of your accounts balance. When SL is hit, easily go to next trade. Hope it helps. I learnt it on myself mistakes.
  • #1,767
  • May 31, 2016 4:34pm May 31, 2016 4:34pm
Quoting bob44
1940706Ok this is a EA that can be used with any system to take partial profit I use it with TDI . Download to MQ4 experts. Its simple it has 3 take profit positions and 3 stoploss positions. The screenshot shows a .3 initial position with a take partial profit at 15 pips 25 pips and 35 pips can be set to any value . The stop loss is moved to break even at 15 pips etc . all options can be set to your own profit and stop loss. ie 1TP 50pips 2TP75pips 3TP 100pips. easy but good, {image} {file}
Hi Bob44,
There is no attachment, probably you might missed to attach any. Check and if possible attach again. Thanks.
  • #1,768
  • May 31, 2016 4:54pm May 31, 2016 4:54pm
Thank Moonie and Tehmut the answers. I'm still new to forex, but I'm having good results with this strategy Mehdi, I accompanied TMS some time. A loss so still shakes me psychologically, I get insecure. Good luck.
  • #1,769
  • May 31, 2016 5:13pm May 31, 2016 5:13pm
Quoting kkb2k8
{quote} Hi Bob44, There is no attachment, probably you might missed to attach any. Check and if possible attach again. Thanks.
Their have been 25 downloads and looking at the post it looks ok. a screenshot and the Troll. I have reposted the Trading Troll Let me know if this is OK Bob
Attached File(s)
File Type: ex4 Forex_Trading_Troll_v2.ex4   21 KB | 355 downloads
  • #1,770
  • May 31, 2016 5:38pm May 31, 2016 5:38pm
Quoting Moonie
{quote} Thanks Bob, Do you know if I could use this for my MM? I like to move my stop to +5 after price moves 25 pips and then TP after 50 pips. Cheers Moonie.
You can enter 3 TP but if you only want two just put zeros into the unused position.
the partial profit positions must add up to the origional lot
If your lot position is sell 1 then if you only intend to take two take profits that would be
partial close lot1 0.5
partial close TP 1 25
Partial close lot2 0.5
partial close TP 2 50
partial close lot 3 00
partial close TP 3 00,

the stop losses
move SL target 1 25
moveSL1 at 5
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 52 KB
  • #1,771
  • May 31, 2016 6:17pm May 31, 2016 6:17pm
Great, thanks for the explanation Bob. I'll give it a go tomorrow.

Cheers,

Moonie.


Quoting bob44
{quote} You can enter 3 TP but if you only want two just put zeros into the unused position. the partial profit positions must add up to the origional lot If your lot position is sell 1 then if you only intend to take two take profits that would be partial close lot1 0.5 partial close TP 1 25 Partial close lot2 0.5 partial close TP 2 50 partial close lot 3 00 partial close TP 3 00, the stop losses move SL target 1 25 moveSL1 at 5 {image}
  • #1,772
  • Edited 4:05am Jun 1, 2016 12:16am | Edited 4:05am
Hi Mehdi!
I thank you for your system! I traded it with fun and profit at D1 with method 1 till this situation:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDDaily.png Size: 39 KB

TDI can go flat or even reverse for a pullback after new high/low and then continue previous movement, so if I exited right on first TDI's change I'd have to close many trades with red pips manually.
But here you can see the situation of strong direction change after a week of profit. So I'd like to ask:
what is your complete idea of using trailing stop with your strategy or manul moving SL?
Thank you again!
Just an opinion. Based on research
  • #1,773
  • Jun 1, 2016 1:46am Jun 1, 2016 1:46am
Quoting bob44
1940706Ok this is a EA that can be used with any system to take partial profit I use it with TDI . Download to MQ4 experts. Its simple it has 3 take profit positions and 3 stoploss positions. The screenshot shows a .3 initial position with a take partial profit at 15 pips 25 pips and 35 pips can be set to any value . The stop loss is moved to break even at 15 pips etc . all options can be set to your own profit and stop loss. ie 1TP 50pips 2TP75pips 3TP 100pips. easy but good, {image} {file}
Hi Bob, to install you need to ad to experts folder and indicators folder as well?
  • #1,774
  • Edited 2:36am Jun 1, 2016 2:19am | Edited 2:36am
In on EURGBP and GBPUSD

https://gyazo.com/a97c1e20ea7c94cba286a3fd2bed13f4


https://gyazo.com/b09a7f42605f96ae4646abb07fee02cb

Notice the currency strength on the right. Pound is weakest and EUR and USD are top 4 in currency strength. This actually quickly tells you that the trend is bearish on multiple time frames. You can confirm with the multitimeframe chart below for extra confirmation. This is only demo but hopefully I hit 50 pips
  • #1,775
  • Jun 1, 2016 3:03am Jun 1, 2016 3:03am
Quoting sharingan9
In on EURGBP and GBPUSD https://gyazo.com/a97c1e20ea7c94cba286a3fd2bed13f4 https://gyazo.com/b09a7f42605f96ae4646abb07fee02cb Notice the currency strength on the right. Pound is weakest and EUR and USD are top 4 in currency strength. This actually quickly tells you that the trend is bearish on multiple time frames. You can confirm with the multitimeframe chart below for extra confirmation. This is only demo but hopefully I hit 50 pips
HI sharingan can you tell me please where to download your currency strength meter thanks Dino
  • #1,776
  • Jun 1, 2016 3:07am Jun 1, 2016 3:07am
Three alerts traded last night team -

UJ - +50 pips
GA - +50 pips
GCHF - still running

Attached Image (click to enlarge)
Click to Enlarge Name: UJ_Moonie.GIF Size: 64 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GA_Moonie.GIF Size: 62 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GCHF_Moonie..GIF Size: 61 KB


Moonie.
  • #1,777
  • Jun 1, 2016 3:09am Jun 1, 2016 3:09am
Quoting Moonie
{quote} Hi Saripefx, My ATR indicator high and low were too close together for a valid trade for me on H1 with the GY. Don't forget, you should only take a long when you have a TDI cross above the yellow market baseline. Only take a short when you have a cross below the yellow line. Therefore, I only got alerts for shorts on the GY today. Picture showing them below. {image} Cheers Moonie.
Hello, Moonie!

Could you please elaborate what you mean, when you say the ATR lines are too close together( there are four lines)? Also (since I have never used ATR in my trading), you said, you check if the current price is at least 50 pips away from the ATR line(which of the 2 lines in the direction of the trade I assume - the closest?). Do you count the distance yourself or is any of the four numbers in the top left corner of the trading platform helpful here? I know these question might sound trivial to some but bare with me please, never had the chance/reason to trade with the indicator and google doesnt seem to provide information that would clear things up for me.

Thank you for your time in advance. Looking forward to your reply!

Best regards,
ruth26
  • #1,778
  • Jun 1, 2016 3:53am Jun 1, 2016 3:53am
Quoting Scrambleguy
{quote} Hi Bob, to install you need to ad to experts folder and indicators folder as well?
just add to experts
  • #1,779
  • Jun 1, 2016 4:19am Jun 1, 2016 4:19am
Quoting Dino10
{quote} HI sharingan can you tell me please where to download your currency strength meter thanks Dino
Hey buddy. Go to this link and put all the indicators in your indi folder and just put CM_strength on your template. You don't have to use the template in the folder just use your own. cheers http://www.forexfactory.com/attachme...4&d=1464343862
  • #1,780
  • Jun 1, 2016 4:37am Jun 1, 2016 4:37am
Quoting sharingan9
{quote} Hey buddy. Go to this link and put all the indicators in your indi folder and just put CM_strength on your template. You don't have to use the template in the folder just use your own. cheers http://www.forexfactory.com/attachme...4&d=1464343862
Cool thanks
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