{quote} As i learn from past chart, i found that a TDI cross = HA color change (this mean setup candle #1). so can i trade on candle #2 open (using japanese candle)? Is that safe?
- #72,823
- Edited 1:44pm Oct 30, 2016 11:14am | Edited 1:44pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #72,824
- Oct 30, 2016 11:24am Oct 30, 2016 11:24am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
Hello Emm, please describe me, where is Daily Entry, see my Pictures. We know, TDI and TMS based on TREND TRADE. In my Picture we have Consolidation. Do you ever take a Entry in consolidation Daily chart, or allways in trend? Daily Consolidation Chart: Regular Breakout Entry: Regular Trend Daily Entry: {image} {image} {image}
- #72,826
- Oct 30, 2016 11:35am Oct 30, 2016 11:35am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
AU Daily EMA 5 Shift3 {image}
- #72,827
- Edited 11:55am Oct 30, 2016 11:37am | Edited 11:55am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} As i learn from past chart, i found that a TDI cross = HA color change (this mean setup candle #1). so can i trade on candle #2 open (using japanese candle)? Is that safe?
In MQL4 programing the active bar is 0 (open), second bar is 1 (closed), third bar is 2 (closed) .............
You will open a trade on bar 3.
if you trade every cross because the bar change colour you will lose whether it is synergy or jap. You take a trade on bar 1 or bar 2
Remember:
a cross is only confirmed when the bar close.
the green must be visibly on the other side of red (not just a dot).
a cross and rebound can happen in one bar ( it is not possible but it look almost if it could happen (if that does make sense))
Here is one. Red dot is start of cross and then went into a rebound
- #72,828
- Oct 30, 2016 11:50am Oct 30, 2016 11:50am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #72,829
- Edited 1:40pm Oct 30, 2016 12:47pm | Edited 1:40pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Hey Tekkies, I noticed you took a buy..When did you enter as the tdi is showing sell
Not D1 on H4
H4 is the master chart and the cross happened on that chart
You will notice it is against D1 trend.
On H1 there is a move up. The right trade would have been at the cross on H1. When i took the trade at 22:45:28 H1 did not had a check mark. (then I would have walked away from the trade. Against D1 trend and a sharp hook down on H1 = not good entry)
All lower time frames are moving up.
Stoch is going up
On top of support
Bar's are good. White bar is a (big) dojo.
Wick are (would say) not good or bad
- #72,834
- Oct 30, 2016 4:50pm Oct 30, 2016 4:50pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} actually im about to post the same question too..
you don't need any indicators - not the TDI and not the Stochastics when you trade the simple 5-Method,
why?
read these 2 Big E's posts:
http://www.forexfactory.com/showthre...96#post4327996
The candle body must cross the ema and close to be a set up candle. When the next candle opens and is the same color... enter the trade.
Remember that HA candles average 3-8 candles per swing .
http://www.forexfactory.com/showthre...17#post4328017
Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #72,835
- Oct 30, 2016 5:10pm Oct 30, 2016 5:10pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #72,836
- Oct 30, 2016 5:42pm Oct 30, 2016 5:42pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #72,837
- Oct 30, 2016 6:02pm Oct 30, 2016 6:02pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Manually back testing UsdJPy chart h4. Back test take too much time But it build more confident in the Trading method or system what ever you call it. Anyway I found APB indicator volatility Band which called PAC yellow color is much better than EMA 5 Shift 3. I think expert on this system agree with me. {image}
I don't see anything wrong if traders uses the 5EMA Typical Price, Shift+3 and also the PAC 5SMMA H-L.
Using the PAC 5SMMA can also help you filter out those narrow range candles and keep you out out the market until there is sufficent volatility when the price breaks out of the PAC. It also help you get a second chance to enter the market when you missed the aggressive entry using APB#2.
You can also use the PAC to help you manage your trades. You can move your stop by trailing the market ("let profits run") using the PAC high-low and you only exit i.e. close your trades when the price closes inside the PAC. These are very useful features in using the PAC.
Do you want to right or do you want to make real money?
Price Action Channel
Comparing Big E 5-Method use of the 5EMA, Typical Price< Shift+3 with the Synergy model PAC and Synergy_Pro model PAC: Post# 54,118
High Probability Trading using Moving Average: Post#42,728
Trade Well folks,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #72,838
- Edited Oct 31, 2016 3:14pm Oct 30, 2016 6:06pm | Edited Oct 31, 2016 3:14pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
