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Lower risk, stress free TDI system

  • #4,521
  • Sep 18, 2016 9:03am Sep 18, 2016 9:03am
Quoting RebeccaH
I'm looking for a good dashboard on this strategy. I think several on this thread are using different ones. One of you mentions the 'Angelator'. But I couldn't find the download. Can some of you tell me which dashboard (shows signals on different charts) you're using and tell me where to find the download? Pictures of what they look like are very helpful. thank you.
http://www.forexfactory.com/showthre...518993&page=19

Scroll down to post 379
  • #4,522
  • Sep 18, 2016 1:07pm Sep 18, 2016 1:07pm
I have been looking at the H1 tf and realise that the signal candle is usually the one just before the red news hour candle, which is when we should initiate the trade and all the big movement happens then. We are advised to not trade during news, so most of the movement is lost to us. There are successful h1 traders on this thread trading this system. Do you disregard the news if all criteria for an entry are satisfied and in agreement with higher timeframe????
  • #4,523
  • Sep 18, 2016 1:14pm Sep 18, 2016 1:14pm
Quoting csethna
I have been looking at the H1 tf and realise that the trigger candle is usually the one just before the red news hour candle and all the big movement happens then. We are advised to not trade during news, so most of the movement is lost to us. There are successful h1 traders on this thread trading this system. Do you disregard the news if all criteria for an entry are satisfied and in agreement with higher timeframe????
Hi, I trade H1, H4 and daily and personally I don't care about red news, I still take my trades as usual. The only thing changing is, I reduce my risk approaching the time of the red news or better I put my trades at breakeven. So far, 75 % of the time, it's been good to me....
  • #4,524
  • Edited 4:47pm Sep 18, 2016 2:15pm | Edited 4:47pm
Scammers

http://www.dailymail.co.uk/news/arti...s-traders.html
  • #4,525
  • Edited 9:12pm Sep 18, 2016 7:40pm | Edited 9:12pm
Quoting Lookleft
{quote} Hi, I would say stick to the majors EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURAUD and USDJPY (the exception to the JPY pairs). These should give you 3 to 5 good trades a week on H4 and they will move slower. Trade with the trend and you'll have a much higher success rate and you'll also pick up some bounce trades. Always place your TP at a realistic point unless you can monitor your trade every couple of hours otherwise you'll find that you could have banked 50+ pips but price retraced and you made a loss. Look at where price is...
Hi. Thank you so much! What do you say about the trading hours on h4? I need to trade all the candles h4?
  • #4,526
  • Sep 19, 2016 4:02am Sep 19, 2016 4:02am
Quoting nezhkind
{quote} Hi. Thank you so much! What do you say about the trading hours on h4? I need to trade all the candles h4?
Hi,
Trade the times that suite your lifestyle. I trade mainly the London session. The market will start to slow down after that and even consolidate. After NY close spreads will probably increase and brokers will charge an overnight swap fee. So only keep a trade overnight if you are sure the move will carry on. You could pick up a bounce (continuation) trade the following day if the trend holds.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #4,527
  • Sep 19, 2016 4:16am Sep 19, 2016 4:16am
Quoting Lookleft
{quote} Hi, Trade the times that suite your lifestyle. I trade mainly the London session. The market will start to slow down after that and even consolidate. After NY close spreads will probably increase and brokers will charge an overnight swap fee. So only keep a trade overnight if you are sure the move will carry on. You could pick up a bounce (continuation) trade the following day if the trend holds.

Thanks for the advice . Now many things become clear.
  • #4,528
  • Sep 19, 2016 7:43am Sep 19, 2016 7:43am
Hi all. I am learning TMS system.
Today, i check all pair and have 1 trade sell EUR/CHF.
It is medthor 2?
Method 2:

If I want to look at 4H charts for more entries, ( usually when I do not have any entries from method 1 at the beginning of the day), during the day , I will follow the bellow rules:

1) Check method 1 for possible entries on chart 4H
or

2) BUY:

2-1) Stochastic : near or above 50
2-2) TDI : a) looking for cross or rebound but where it is near or above yellow line b) cross or rebound upward
Please tell me if i wrong.
Thanks all.
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  • #4,529
  • Sep 19, 2016 9:15am Sep 19, 2016 9:15am
Quoting yesmanppa
Hi all. I am learning TMS system. Today, i check all pair and have 1 trade sell EUR/CHF. It is medthor 2? Method 2: If I want to look at 4H charts for more entries, ( usually when I do not have any entries from method 1 at the beginning of the day), during the day , I will follow the bellow rules: 1) Check method 1 for possible entries on chart 4H or 2) BUY: 2-1) Stochastic : near or above 50 2-2) TDI : a) looking for cross or rebound but where it is near or above yellow line b) cross or rebound upward Please tell me if i wrong. Thanks all. {image}...

Can you show us where you sold on the chart?
  • #4,530
  • Sep 19, 2016 9:32am Sep 19, 2016 9:32am
Quoting Groves
{quote} Can you show us where you sold on the chart?
The last candle is the point i buy.
I use method 2
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  • #4,531
  • Edited 11:24am Sep 20, 2016 11:10am | Edited 11:24am
What do you guys think of this trade ? Looks like a nice H&S + Method 1.

But, many high impact news are on the way and the price is close to a solid support (half number 1.115).

BEARISH EURUSD 1d

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  • #4,532
  • Sep 20, 2016 1:43pm Sep 20, 2016 1:43pm
Quoting fxfennec
What do you guys think of this trade ? Looks like a nice H&S + Method 1. But, many high impact news are on the way and the price is close to a solid support (half number 1.115). BEARISH EURUSD 1d {image}
Pay attention to green line. It seems pull back.
  • #4,533
  • Sep 20, 2016 7:00pm Sep 20, 2016 7:00pm
Quoting angelus80
{quote} Pay attention to green line. It seems pull back.
Thanks. I managed to get +15 pips.
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Now, Watching like a hawk
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  • #4,534
  • Sep 24, 2016 2:35pm Sep 24, 2016 2:35pm
Quoting RebeccaH
I'm looking for a good dashboard on this strategy. I think several on this thread are using different ones. One of you mentions the 'Angelator'. But I couldn't find the download. Can some of you tell me which dashboard (shows signals on different charts) you're using and tell me where to find the download? Pictures of what they look like are very helpful. thank you.
Do a search with "dashboard tms" on FF
TDI Dashboard.mq4
Dashboard 5 Pips Only -r v2.mq4 (use the 5SMA almost like TMS)
TMS 10EMA Dashboard.ex4
  • #4,535
  • Sep 24, 2016 3:13pm Sep 24, 2016 3:13pm
Quoting bob44
Scammers http://www.dailymail.co.uk/news/arti...s-traders.html
Now that was a close shave. "Banc De Binary" Was considering them as a forex broker about 18 months ago. Read almost every review web /blog to find a ECN broker. They popped up to many times negatief - requotes, unexplained spikes, delayed or freezing platform, hassles with pay out.
  • #4,536
  • Sep 26, 2016 1:54am Sep 26, 2016 1:54am
ive tested it too with ea.
i can confirm that method 1 is profitable.


try to finn other symbol params and share with us here.

btw.
risk i took in attached param set is 30% so too high- change it smaller values.
cu
Attached File(s)
File Type: zip tdi001_audcad_1d_2y_201609_12tr_600pr.zip   174 KB | 402 downloads
  • #4,537
  • Edited 2:41pm Sep 27, 2016 2:13pm | Edited 2:41pm
I was playing around with a dashboard some time ago with the OP but never released it. Since the OP seems to not be around any longer, I am posting it here. You will need TDI Red Green indicator for it. Note that I added an ADX column and 200MA column but it doesn't figure in the signal alert. If you change to Method 2, the Stoch changes to the OP's rules. It doesn't figure in bounces or anything like that, but you can go to the chart and figure that out...you need a computer with a decent amount of RAM to run this since anything TDI takes up resources...


Attached File(s)
File Type: ex4 TDISimpleDashMod.ex4   34 KB | 584 downloads

Attached File(s)
File Type: ex4 TDI Red Green.ex4   5 KB | 518 downloads
  • #4,538
  • Sep 27, 2016 6:35pm Sep 27, 2016 6:35pm
Excuse me, what happened to the OP?

Did he finally give up "trading" and dedicate to his real job (selling his book) ?
  • #4,539
  • Sep 27, 2016 7:14pm Sep 27, 2016 7:14pm
Quoting BluePill
Excuse me, what happened to the OP? Did he finally give up "trading" and dedicate to his real job (selling his book) ?
regarding to his post : http://www.myfxbook.com/community/ne...ible/1162948,1 i think hes too busy to trade forex.
the TDI system is only good in trending conditions and if you cant distinguish between ranging and trending markets or you trade right into possible reversals, you know what will happen.
some people search forever for the holy grail but they forget that every system only works under certain market conditions and its their job to detect them. if you are too busy to analyze markets with no patience to wait for the right setup, stay away and do something productive.
  • #4,540
  • Sep 28, 2016 12:38am Sep 28, 2016 12:38am
Quoting mambomango
{quote} regarding to his post : http://www.myfxbook.com/community/ne...ible/1162948,1 i think hes too busy to trade forex. the TDI system is only good in trending conditions and if you cant distinguish between ranging and trending markets or you trade right into possible reversals, you know what will happen. some people search forever for the holy grail but they forget that every system only works under certain market conditions and its their job to detect them. if you are too busy to analyze markets with...
Market tending is when price rides on on lower [or bull upper ] band of iv channel,
To be specific :
- iv channel ls made of moving averages build on candle highs and lows , say SMA5
- daily candles open and close on one of those moving averages

Trending starts when after nice breakout candle there is no immediate reversal
or
we have other sources of confirmation - like method 1

----
Do you have any other interesting definitions of trending market conditions worth implementing?
That is - early plain sign of trending market or early plain sign of ranging market with reasonable accuracy.
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