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Lower risk, stress free TDI system

  • #3,801
  • Jul 9, 2016 10:10am Jul 9, 2016 10:10am
Quoting bob44
I would like to thank Mendi 343 for starting this thread although there is nothing new under the sun, he made the instructions very clear from page 1,and what is more important is his patients and continued interest.Thanks again Bob44
AGREED, I second that!!
  • #3,802
  • Jul 9, 2016 11:04am Jul 9, 2016 11:04am
Hey, Zap. You have a pm.
  • #3,803
  • Jul 9, 2016 5:17pm Jul 9, 2016 5:17pm
Hello thread,
Can someone please help me interpret the numbers on this indi, and how they might relate to the overall decision to enter a trade?
Thanks.
-Lee
Attached Image
  • #3,804
  • Jul 9, 2016 7:32pm Jul 9, 2016 7:32pm
Loss in Trade.

Sto -> over 80
TDI -> Green line rebound on red line + those two line over YELLOW Line.

Its Show a Buy Signal, But eventually it become a losing trade.
Attached Image (click to enlarge)
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  • #3,805
  • Jul 9, 2016 9:12pm Jul 9, 2016 9:12pm
Hi Usdpip,

I just started trading this system in my demo account.

Notice that in your chart TDI is over 68. Mehdi343 says about it: " when TDI is in 68 or 32, I will open but with lower lots. And as soon as candle color changes, I will close it"

Also, you can see that your three indicators are showing divergence with price.

I hope it helps
  • #3,806
  • Jul 9, 2016 11:34pm Jul 9, 2016 11:34pm
Quoting ZapPow
Hello thread, Can someone please help me interpret the numbers on this indi, and how they might relate to the overall decision to enter a trade? Thanks. -Lee {image}

Hi Lee,

Medhi methods 1 & 2 do not use this TMS watchdog indicator. Anyway, too many modified version of decompiled codes no lonhger make it useful anymore.
You should PM the owner http://www.forexfactory.com/plamendp
of this indicator and maybe he is still available to help you.
Otherwise, here are links to his posts which may explain what those data means.

http://www.forexfactory.com/showthre...00#post4637000
http://www.forexfactory.com/showthre...66#post4635466
http://www.forexfactory.com/showthre...18#post4635418
http://www.forexfactory.com/showthre...19#post4634619

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,807
  • Jul 9, 2016 11:52pm Jul 9, 2016 11:52pm
Quoting Usdpip
Loss in Trade. Sto -> over 80 TDI -> Green line rebound on red line + those two line over YELLOW Line. Its Show a Buy Signal, But eventually it become a losing trade. {image}

Look at the price action carefully. 6 x H4 candles make 1 x day candle.
the Day was sideways narrow range for 2 days after 1 strong bullish move.
Any breakout to the upside can fail, and when there is previous resistance seen to the left and that BRN 1.3900.
You should have a Plan B trade plan in mind when this Plan A trade setup failed.

Also, what time was that H4 candle setup? Was it during the London session or just after the London session had closed?
After London session closed, those hours during the 2nd half of US session are usually low liquidity until the next day.... 2~3 H4 candles later.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,808
  • Jul 10, 2016 12:10am Jul 10, 2016 12:10am
Quoting emmanuel7788
{quote} Hi Lee, Medhi methods 1 & 2 do not use this TMS watchdog indicator. Anyway, too many modified version of decompiled codes no lonhger make it useful anymore. You should PM the owner http://www.forexfactory.com/plamendp of this indicator and maybe he is still available to help you. Otherwise, here are links to his posts which may explain what those data means. http://www.forexfactory.com/showthre...00#post4637000 http://www.forexfactory.com/showthre...66#post4635466 http://www.forexfactory.com/showthre...18#post4635418...
Thank you Emmanuel.
  • #3,809
  • Jul 10, 2016 12:42am Jul 10, 2016 12:42am
Quoting Usdpip
Loss in Trade. Sto -> over 80 TDI -> Green line rebound on red line + those two line over YELLOW Line. Its Show a Buy Signal, But eventually it become a losing trade. {image}
hey Usdpip - there was no rebound [wat TMS traders call 'bounce' trade] here ..... but ur main problem was missing basic PA & supp&res -> u were try'n 2 Buy into strong res MG keeps say'n this cause its really important ..... also u dont need the CCI for this method - the basic mistake noobs make is they tink more 'confirmation' means more wins but its the opposite ..... also it pay 2 read the TDI carefully cause PA writes it signature on it - notice the 'cross' was very weak & flat [tink about the angle of the lines & PA] .... look @ everyting after candle close ......
Attached Image (click to enlarge)
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  • #3,810
  • Jul 10, 2016 12:54am Jul 10, 2016 12:54am
Quoting ZapPow
Hello thread, Can someone please help me interpret the numbers on this indi, and how they might relate to the overall decision to enter a trade? Thanks. -Lee {image}
hey ZapPow - dont know this indi but looks like it has some info about the TDI line angles - btw the current & last 2 close candles [just a guess] - so the first HA tingy must have someting 2 do wit the sizes/ranges etc
  • #3,811
  • Jul 10, 2016 2:10pm Jul 10, 2016 2:10pm
Quoting ZapPow
{quote} Hi Lisa, Please correct me if I'm wrong. Are you saying it's a 'valid' trade since the cross has occurred and that previous D1 candle was the setup candle? With a down day would not the TDI reverse and create a bounce to the downside and negate the long trade? Thank you NikiPink for your original post! {image} Regards, -Lee
Its just the way I always trade it, very often if you wait for the cross and then wait for it to close there will be drawdown, so I look at the open of the candle and if its a good angle on a cross and we have the PA to match in this case it was a bullish outside bar then I would trade it there not wait for it to close.
Success means going from failure to failure without loss of enthusiasm
  • #3,812
  • Jul 10, 2016 2:34pm Jul 10, 2016 2:34pm
Quoting griffinssoul
{quote} hey Usdpip - there was no rebound [wat TMS traders call 'bounce' trade] here ..... but ur main problem was missing basic PA & supp&res -> u were try'n 2 Buy into strong res MG keeps say'n this cause its really important ..... also u dont need the CCI for this method - the basic mistake noobs make is they tink more 'confirmation' means more wins but its the opposite ..... also it pay 2 read the TDI carefully cause PA writes it signature on it - notice the 'cross' was very weak & flat [tink about the angle of the lines & PA]...
Hey buddy,

What indicator do you use for brn? I like the look better than my own, possible to share it?
MY SITTING, NEVER MY THINKING!
  • #3,813
  • Jul 10, 2016 2:40pm Jul 10, 2016 2:40pm
Quoting griffinssoul
{quote} hey Usdpip - there was no rebound [wat TMS traders call 'bounce' trade] here ..... but ur main problem was missing basic PA & supp&res -> u were try'n 2 Buy into strong res MG keeps say'n this cause its really important ..... also u dont need the CCI for this method - the basic mistake noobs make is they tink more 'confirmation' means more wins but its the opposite ..... also it pay 2 read the TDI carefully cause PA writes it signature on it - notice the 'cross' was very weak & flat [tink about the angle of the lines & PA]...
....Even more better if you could share your template. I know its kind of, oftopic - but damn you chart colour are pleasing to my eyes :nerd:
MY SITTING, NEVER MY THINKING!
  • #3,814
  • Jul 10, 2016 5:51pm Jul 10, 2016 5:51pm
Quoting merrygold
{quote} Hey buddy, What indicator do you use for brn? I like the look better than my own, possible to share it?
Hi,

There is one shared by eelfranz in his TMS thread.

http://www.forexfactory.com/showthre...17#post4589217

you can change the grid size with the mq4 file.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,815
  • Jul 10, 2016 10:01pm Jul 10, 2016 10:01pm
If this case, would the price will continue to rise
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  • #3,816
  • Jul 10, 2016 11:38pm Jul 10, 2016 11:38pm
METHOD 1
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2% target/Month !
  • #3,817
  • Jul 10, 2016 11:39pm Jul 10, 2016 11:39pm
Quoting emmanuel7788
{quote} Look at the price action carefully. 6 x H4 candles make 1 x day candle. the Day was sideways narrow range for 2 days after 1 strong bullish move. Any breakout to the upside can fail, and when there is previous resistance seen to the left and that BRN 1.3900. You should have a Plan B trade plan in mind when this Plan A trade setup failed. Also, what time was that H4 candle setup? Was it during the London session or just after the London session had closed? After London session closed, those hours during the 2nd half of US session are usually...
Tks for your valuable tip. Your insight helps me a lot.
  • #3,818
  • Jul 11, 2016 12:35am Jul 11, 2016 12:35am
disappointed because of doubts about open positions
*cry loud
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  • #3,819
  • Jul 11, 2016 12:39am Jul 11, 2016 12:39am
i think it's a good idea to use webtrader for this strategy should we travol a lot. the problem is that webtraders do not include tdi. how do you guys solve the problem?
  • #3,820
  • Jul 11, 2016 1:11am Jul 11, 2016 1:11am
Quoting cinalex
i think it's a good idea to use webtrader for this strategy should we travol a lot. the problem is that webtraders do not include tdi. how do you guys solve the problem?

Do you have the standard RSI in your webtrader platform?

If there is, then you can create the TDI using the RSI in any platform. (its known as Fozzy-RSI)

Read this post:

http://www.forexfactory.com/showthre...51#post9017651
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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