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Lower risk, stress free TDI system

  • #4,481
  • Sep 12, 2016 1:56pm Sep 12, 2016 1:56pm
Quoting zsolti84
Hi! What you think of this setup? Aud-Nzd Daily chart Short {image}
It's a valid setup for my opinion. I traded it yesterday.
  • #4,482
  • Sep 12, 2016 2:58pm Sep 12, 2016 2:58pm
Now what would you know?

Bounce on H1 Cross on H4
Bounce on H4 Cross on H1
Attached Image (click to enlarge)
Click to Enlarge Name: bounce one.png Size: 58 KB

Attached Image (click to enlarge)
Click to Enlarge Name: bounce two.png Size: 65 KB
  • #4,483
  • Sep 12, 2016 5:34pm Sep 12, 2016 5:34pm
Hi evereone. What do you think about this ? D1
Attached Image (click to enlarge)
Click to Enlarge Name: Скриншот 2016-09-13 06.35.22.png Size: 106 KB
  • #4,484
  • Sep 12, 2016 5:43pm Sep 12, 2016 5:43pm
Nice Tekkie.

Do you use same set of TDI as Mehdi?

May I ask which indicator is that arrows?

And are you using Heiken Ashi?
  • #4,485
  • Sep 12, 2016 6:38pm Sep 12, 2016 6:38pm
Quoting nezhkind
Hi evereone. What do you think about this ? D1 {image}
There is the cross above the yellow line as Mehdy roles, but in my opinion the angle between the green and red line is no good. As you can see, the green is flat. So I will wait the next candle to decide if enter or doesn't.
  • #4,486
  • Sep 12, 2016 6:40pm Sep 12, 2016 6:40pm
Quoting Art5
Nice Tekkie. Do you use same set of TDI as Mehdi? May I ask which indicator is that arrows? And are you using Heiken Ashi?
I think that Tekkie doens't follow mehdy' roles. In his chart are missing the stock and the TDI with yellow and blu line.
  • #4,487
  • Edited 10:17pm Sep 12, 2016 7:47pm | Edited 10:17pm
Quoting mehdi343
Hi, About few months ago I read a thread which is called " Trading Made Simple".....
I read Eelfranz's advice as well, and started demoing TDI+Stochastic... My conclusion: the Stochastic is actually a better indicator than TDI because it lags behind the market less. However, I will say that if you change TDI's settings (default 13 to 10 and 7 to 5 for example) it comes close to the Stochastic as the K usually crosses 80/20 sametime as TDI crosses.
I use the Stochastic to swing trade on a DAILY chart, and it is a powerful signal- if you don't get at least one day of profit, that's bad luck or bad news. (look at the news before entry.) On a daily chart, you could even be really aggressive and enter a trade as soon as the Stoch lines cross one another above 80 or below 20! (I try to avoid this though- aggression can be risky, and I don't want to be stuck in oversold/overbought territory. It really is better to wait for at least the K line to cross back.) Also: always look at the Stoch on at least H4 & H1 before entering . If you have patience, a better entry can usually be found with Stoch on M5.
A further interesting thing about the Stochastic on D1 is that its crosses (above 80/below 20) very often occur when price is in a support/resistance area. So you might have this added confluence. And if you don't even know what support/resistance is, just follow the Stoch!
Last comments: if a pair is trending strongly, you might avoid the Stochastic and find a different way of entering. (ASAP) And also, the Stoch does seem to work better on some pairs than others - will leave the backtesting up to you to find this.
  • #4,488
  • Sep 12, 2016 10:26pm Sep 12, 2016 10:26pm
Anyone sell EJ UJ now?
  • #4,489
  • Sep 12, 2016 10:39pm Sep 12, 2016 10:39pm
Very insightful


Quoting webguy7
{quote} I read Eelfranz's advice as well, and started demoing TDI+Stochastic... My conclusion: the Stochastic is actually a better indicator than TDI because it lags behind the market less. However, I will say that if you change TDI's settings (default 13 to 10 and 7 to 5 for example) it comes close to the Stochastic as the K usually crosses 80/20 sametime as TDI crosses. I use the Stochastic to swing trade on a DAILY chart, and it is a powerful signal- if you don't get at least one day of profit, that's bad luck or bad news. (look at the news before...
Live life king size !
  • #4,490
  • Edited Sep 13, 2016 5:29am Sep 12, 2016 11:13pm | Edited Sep 13, 2016 5:29am
Quoting Art5
Nice Tekkie. Do you use same set of TDI as Mehdi? May I ask which indicator is that arrows? And are you using Heiken Ashi?
Hi
Q1 = TDI
Attached File(s)
File Type: mq4 TDI RealTime.mq4   8 KB | 489 downloads

Q2 = Arrows are obtained when MA cross candle (built in Alert)
Attached File(s)
File Type: mq4 Price MA Breakout.mq4   3 KB | 528 downloads

or the crossover of TDI Red/Green
Attached File(s)
File Type: mq4 xTDI-Arrow v1.00.mq4   14 KB | 648 downloads

Q3 = No use Synergy_APB1 Alerts
Attached File(s)
File Type: mq4 Synergy_APB1 Alerts.mq4   5 KB | 512 downloads
  • #4,491
  • Sep 12, 2016 11:25pm Sep 12, 2016 11:25pm
Quoting angelus80
{quote} I think that Tekkie doens't follow mehdy' roles. In his chart are missing the stock and the TDI with yellow and blu line.
Hi
Right and Wrong
Using Trading Made Simple and Lower risk stress free - keep chart clean
  • #4,492
  • Sep 13, 2016 2:06am Sep 13, 2016 2:06am
Quoting angelus80
{quote} There is the cross above the yellow line as Mehdy roles, but in my opinion the angle between the green and red line is no good. As you can see, the green is flat. So I will wait the next candle to decide if enter or doesn't.
I am watching this pair also and waiting for the candle to close. If green line wont go back I will enter.
  • #4,493
  • Sep 13, 2016 2:11am Sep 13, 2016 2:11am
Quoting yesmanppa
Anyone sell EJ UJ now?
Non of them has a valid entry. Read 1st post again.
  • #4,494
  • Sep 13, 2016 4:30am Sep 13, 2016 4:30am
Quoting nezhkind
Hi evereone. What do you think about this ? D1 {image}
Hi,
You have sold directly into resistance. Zoom out and look at you entry line. Price has been rejected around the 1.7700 level 6 days out of the last 9 also look back further and you will see the same thing at the same level. This indicates that 1.7700 is a very strong area. You need price to close above this level for a good entry.
Remember the simple saying 'It's price that moves the market not the indicator'
Never argue with a fool; onlookers may not be able to tell the difference.
  • #4,495
  • Sep 13, 2016 5:31am Sep 13, 2016 5:31am
Quoting Lookleft
{quote} Hi, You have sold directly into resistance. Zoom out and look at you entry line. Price has been rejected around the 1.7700 level 6 days out of the last 9 also look back further and you will see the same thing at the same level. This indicates that 1.7700 is a very strong area. You need price to close above this level for a good entry. Remember the simple saying 'It's price that moves the market not the indicator'
absolutely agree with Lookleft. Good analisys.
  • #4,496
  • Sep 13, 2016 9:15am Sep 13, 2016 9:15am
Quoting zsolti84
{quote} Non of them has a valid entry. Read 1st post again.
Please check for me. Methor 1.
Method 1 :

At the beginning of the day, I will check all 28 pairs for possible entries based on the following rules:

BUY:

1) Stochastic : Should be over 80
2) TDI : a) Green should cross above the red line or show a rebound b) prefer that cross or rebound happened above the yellow line.

Sell:

1) Stochastic : Should be bellow 20
2) TDI : a) Green should cross bellow the red line or show a rebound b) prefer that cross or rebound happened bellow the yellow line.
It is true?
Attached Image (click to enlarge)
Click to Enlarge Name: EJ.png Size: 258 KB
  • #4,497
  • Sep 13, 2016 9:47am Sep 13, 2016 9:47am
Quoting yesmanppa
{quote} Please check for me. Methor 1. Method 1 : At the beginning of the day, I will check all 28 pairs for possible entries based on the following rules: BUY: 1) Stochastic : Should be over 80 2) TDI : a) Green should cross above the red line or show a rebound b) prefer that cross or rebound happened above the yellow line. Sell: 1) Stochastic : Should be bellow 20 2) TDI : a) Green should cross bellow the red line or show a rebound b) prefer that cross or rebound happened bellow the yellow line. It is true? {image}
Hi,
Where did you think price could go. If you look back you will see that price has stopped at the 114.000 level which acting as support. If you just take the crosses without looking at other basic things you will loose.
You should have used Method 2 and entered where I have marked on the chart below or the APB before and your target would have been 114.000 which would have given you 35 or 70 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 33 KB

This is not a mechanical trading system it is a discretionary trading method.
Edit: 113.948 was the ADR level which is also strong support.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #4,498
  • Sep 13, 2016 11:06am Sep 13, 2016 11:06am
I started out doing this... Then with some help realised you really do (no pun) have to look left to see what has happened.

People including myself phase over the part on the TMS thread saying:

The key to this method is the Traders Dynamic Index indicator for entries and exits.

Entries and exits are what the indi helps with but don't plan every trade based on green crossing red.
  • #4,499
  • Sep 13, 2016 1:01pm Sep 13, 2016 1:01pm
Quoting yesmanppa
{quote} Please check for me. Methor 1. Method 1 : At the beginning of the day, I will check all 28 pairs for possible entries based on the following rules: BUY: 1) Stochastic : Should be over 80 2) TDI : a) Green should cross above the red line or show a rebound b) prefer that cross or rebound happened above the yellow line. Sell: 1) Stochastic : Should be bellow 20 2) TDI : a) Green should cross bellow the red line or show a rebound b) prefer that cross or rebound happened bellow the yellow line. It is true? {image}
Dear yesmanppa,
the consideration of Lookleft is right but if you analyze better your entry, you can see a bad angle between green line and red line. The green line was going in a flat position when you decide to enter and this because the support level 114 has been reached. So also without the Lookleft's technical analysis, you can avoid that trade simply looking the not good angle between green and red. If you look better the medhy's graphs of the first posts you can understand my consideration.
  • #4,500
  • Edited 2:29pm Sep 13, 2016 2:12pm | Edited 2:29pm
Quoting yesmanppa
{quote} Please check for me. Methor 1. Method 1 : At the beginning of the day, I will check all 28 pairs for possible entries based on the following rules: BUY: 1) Stochastic : Should be over 80 2) TDI : a) Green should cross above the red line or show a rebound b) prefer that cross or rebound happened above the yellow line. Sell: 1) Stochastic : Should be bellow 20 2) TDI : a) Green should cross bellow the red line or show a rebound b) prefer that cross or rebound happened bellow the yellow line. It is true? {image}
you traded right into med. news (JPY - BSI Manufacturing Index), 6h later red EUR news and a support zone thats it.
even a "better" tdi angle wouldnt change these facts.
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