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Lower risk, stress free TDI system

  • #1,941
  • Jun 3, 2016 4:10pm Jun 3, 2016 4:10pm
SL calculator Lot size plus
http://www.noafx.com/forex-calculator.php
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 16 KB
  • #1,942
  • Jun 3, 2016 6:17pm Jun 3, 2016 6:17pm
Quoting Moonie
{quote} Hello Saripefx, Good trade mate. I like to see the stoch meandering above 80 or below 20 when there is a TDI cross. I also like a cross of the 50 level if it has come straight from 80 or 20 (not bouncing along criss-crossing the 50 level). I'll even take a bounce off the 50 level and then back up/down but this would be a low-probability trade for me. Cheers Moonie.
Many thanks for the reply. Sorry if this has been answered before, but I do not speak English, I'm from Brazil, and the translation of google sometimes is not perfect. I have a little trouble understanding what you say in your video. Good luck.
  • #1,943
  • Jun 4, 2016 12:06am Jun 4, 2016 12:06am
@ Moonie
Have been reading all that u have written and appreciate the time u take out to help others. In a post u had said that u prefer the H1 over H4, because there are more opportunities on H1. Would that mean that u make more pips in a week trading H1 than someone who trades H4 using this same system. I have always been a htf trader, H1 is just too much screen time, so just wanted to know from a successful H1 trader. God Bless.
  • #1,944
  • Jun 4, 2016 1:10am Jun 4, 2016 1:10am
Quoting bob44
SL calculator Lot size plus http://www.noafx.com/forex-calculator.php {image}
i modded a position size calculator indi in order that you just need to input your SL and risk %.
the light version prints only the position size label on the chart.
Attached File(s)
File Type: ex4 PositionSizeCalculator.ex4   16 KB | 447 downloads
File Type: ex4 PositionSizeCalculatorLight.ex4   15 KB | 448 downloads
  • #1,945
  • Jun 4, 2016 2:02am Jun 4, 2016 2:02am
This is a good system, my only problem is I never know when to exit a trade while in profit--I mean knowing when this is the maximum amount of pips the bar is going to go down or up. I always go atleast 25 pips but it turns down making me break even at 5+ pips.

Exit 1:
The usual exit is told by the TDI curving or going flat. Or perhaps, when the TDI leaves the oversold,or overbought region. But when the TDI finally reveals these clues, I have already lost my pips and fall in the negative.

Exit 2:
The average price bars hint the end of the trend by forming a small bar with higher and lower wicks showing indecision and exhaustion, however, as before when this happens I am in the negative.

If there are any traders out there who knows exactly this is all the amount of pips its going to go up or down, let me know.
  • #1,946
  • Jun 4, 2016 3:14am Jun 4, 2016 3:14am
Quoting Moonie
{quote} Aha, another quality setup. I'm slightly worried about the USD red news on the hour (ISM Non-Manufacturing PMI).
Morning Moonie and all, well at least that one worked out
  • #1,947
  • Jun 4, 2016 3:52am Jun 4, 2016 3:52am
Quoting Lucid.Trader
This is a good system, my only problem is I never know when to exit a trade while in profit--I mean knowing when this is the maximum amount of pips the bar is going to go down or up. I always go atleast 25 pips but it turns down making me break even at 5+ pips. Exit 1: The usual exit is told by the TDI curving or going flat. Or perhaps, when the TDI leaves the oversold,or overbought region. But when the TDI finally reveals these clues, I have already lost my pips and fall in the negative. Exit 2: The average price bars hint the end of the trend...
Hi Lucid,

In my humble opinion, perhaps it is better for you to understand the price action itself. This include the candlestick characters and support and resistance as they are normally tells you when price about to turn. It also depends on where you open your position. If from the chart tells you that you can only get 20, 25 or even 50 pips, then that is what you will get.

I believe the key is not being greedy but at the same time lock your profit or exit while profit is good.

At least this is what I learn from many mistakes.
The system is great and profitable and I would like to thank you to everybody who involves and share this system right from the start.

Happy trading
  • #1,948
  • Jun 4, 2016 6:49am Jun 4, 2016 6:49am
Quoting mambomango
{quote} i modded a position size calculator indi in order that you just need to input your SL and risk %. the light version prints only the position size label on the chart. {file} {file}
Nice one thank you
  • #1,949
  • Jun 4, 2016 2:00pm Jun 4, 2016 2:00pm
Quoting merrygold
{quote} Here is a template with the adr. the indicator is tweaked with bigger letter size & color. that why i posted a template with the indicator, so you dont have to tweak it yourself. {file} {file}
Hi Merrygold, could you please kindly explain to me in this ADR_v2.ex4 indicator, the first number is a percentage (See picture below) what does this percentage represent and how do I use it? In the chart below, the percentage is 218.5%, what does it mean?
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-d1-oanda-division4.png Size: 50 KB



Sorry, I am too new to figure this thing out myself. Thank you very much for helping.

Ben
  • #1,950
  • Jun 4, 2016 2:33pm Jun 4, 2016 2:33pm
Quoting Scrambleguy
{quote}...I wasn't getting great signals on H1 with stoch 14, so I have scrapped using that and using a modified RSI with the TDI, seems more accurate that stoch on h1...
Hi,

Can you share the RSI indicator / settings?

Thanks!
  • #1,951
  • Jun 4, 2016 3:55pm Jun 4, 2016 3:55pm
Quoting 95bcwh
{quote} Hi Merrygold, could you please kindly explain to me in this ADR_v2.ex4 indicator, the first number is a percentage (See picture below) what does this percentage represent and how do I use it? In the chart below, the percentage is 218.5%, what does it mean? {image} Sorry, I am too new to figure this thing out myself. Thank you very much for helping. Ben
Basically the Adr percentage is what it has travelled that day compered to the average, so that day it moved 218. % o fits average range. Hope that helps
  • #1,952
  • Jun 4, 2016 3:56pm Jun 4, 2016 3:56pm
Quoting kilion
{quote} Hi, Can you share the RSI indicator / settings? Thanks!
I will pm you as it's not in Mehdis method and wouldn't be right to share on here
  • #1,953
  • Jun 4, 2016 4:25pm Jun 4, 2016 4:25pm
Quoting monaghan
{quote} Morning Moonie and all, well at least that one worked out
Hi monaghan, hope you're having a good weekend. Let's hope we have a successful trading week ahead. Should be a bit more volatility after last week's NFP and the up-coming EU referendum in the UK. Enjoy.
  • #1,954
  • Jun 4, 2016 6:10pm Jun 4, 2016 6:10pm
Quoting merrygold
{quote} fyi: my checklist before taking a trade; 1: is it a valid trade on the current timeframe, is there any sr levels nearby 2: is the next timeframe trend in agreement with the timeframe i am trading, is there any sr levels here also 3: is there any major news nearby on the pair i am trading 4: what time of the day is it.
Hello MerryGold,

Regarding your checklist I've got 2 questions.

1. How do you manage the news? If you see an entry on a pair but the news is an hour or two away, would you still take that trade? How far away must the next news event be?

2. What sessions are the best to trade?

I apologise if the answers are somewhere in this thread, I've been looking but can't see anything.

Yeez
  • #1,955
  • Jun 5, 2016 4:12am Jun 5, 2016 4:12am
Quoting csethna
@ Moonie Have been reading all that u have written and appreciate the time u take out to help others. In a post u had said that u prefer the H1 over H4, because there are more opportunities on H1. Would that mean that u make more pips in a week trading H1 than someone who trades H4 using this same system. I have always been a htf trader, H1 is just too much screen time, so just wanted to know from a successful H1 trader. God Bless.
Hi csethna,

Sorry, missed your post. You have to pick a tf you are comfortable with. The majority of screen time for me involves posting charts onto FF. The actual trading involves listening for alerts, doing the simple checks, then either taking the trade or closing the laptop. One thing I DO NOT want to do, is sit there all day watching the price moving up and down. I'm maintaining a 90% win rate on the H1 so I don't want to change anything until that goes wrong.

Cheers

Moonie.
  • #1,956
  • Jun 5, 2016 5:29am Jun 5, 2016 5:29am
Quoting Saripefx
Hello Babasemi, good to see you here. Moonie, could you please explain how you use the stoclastico? I'm in doubt. Thank you very much. Today + 50 pips. {image} {image} It may be useful to someone. Indicates trade with arrows. {file} {file} Good luck to everyone.
Hi Bro,

How you doing .....i hope you are doing good with your trading.

Have a great weekend.

Stay Blessed.
It Is Well With My Soul..(Amen)
  • #1,957
  • Jun 5, 2016 6:23am Jun 5, 2016 6:23am
Quoting Moonie
{quote} Hi csethna, Sorry, missed your post. You have to pick a tf you are comfortable with. The majority of screen time for me involves posting charts onto FF. The actual trading involves listening for alerts, doing the simple checks, then either taking the trade or closing the laptop. One thing I DO NOT want to do, is sit there all day watching the price moving up and down. I'm maintaining a 90% win rate on the H1 so I don't want to change anything until that goes wrong. Cheers Moonie.
Also, would the rules be there same in H4?
  • #1,958
  • Jun 5, 2016 6:58am Jun 5, 2016 6:58am
Quoting Ygr
{quote} Also, would the rules be there same in H4?
Hi Ygr, I haven't tried it on H4. Perhaps a little play on demo could be required.
  • #1,959
  • Jun 5, 2016 8:18am Jun 5, 2016 8:18am
Quoting Moonie
{quote} Hi Idolismo, A couple of things. Firstly, you took the trade close to Non-Farm Payroll which is a killing field if you don't know what you're doing. Secondly, price is in the middle of the yellow MA band (yes, the previous candle did close above it, but it had a large wick either end, doji) Cheers Moonie.
Nice explanation Moonie
  • #1,960
  • Jun 5, 2016 8:20am Jun 5, 2016 8:20am
Quoting Scrambleguy
{quote} Pundit was that from an alert?
I did not notice the alert, it was TDI and stoch cross.
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