Another simple system - Time-Frame 15 | Page 1446 | Forex Factory

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Another simple system - Time-Frame 15

  • #28,901
  • Jan 23, 2017 5:08am Jan 23, 2017 5:08am
Quoting kski
Hi, I know this is a old thread. I downloaded the 4 indicators on page 1. In TDI section, I only see red and green line, but, no yellow line. If anyone uses this still, would you be able to guide what I am missing? Thanking you in advance for your help.
you can set the lines and colors in the indicator properties....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #28,902
  • Jan 23, 2017 5:11am Jan 23, 2017 5:11am
Quoting Roni26
{quote} Hi Emmanuel, Thank you for your response also. I would just like to clarify- do you watch where the 200MA and 800MA is on the 4hr and daily charts to go short or long on the 15m charts? Is that what you mean? Kind regards, Roni

I look at the price action in relation to its 10EMA on the H4 and D1.

Read the OP's posts and also X-Man's post. I don't trade M15 so much unless I have time to scalp which I don't like to scalp these days.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #28,903
  • Jan 23, 2017 5:32am Jan 23, 2017 5:32am
Anyone who trades this system 2-3 months with success likes to optimize it and ea it....write me....
Vucking good EA coder... https://t.ly/AZjRM
  • #28,904
  • Jan 23, 2017 7:49am Jan 23, 2017 7:49am
Sometimes even when all the variables match you will have one or two losers.

No biggie-
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  • #28,905
  • Jan 23, 2017 12:23pm Jan 23, 2017 12:23pm
Quoting Roni26
Sometimes even when all the variables match you will have one or two losers. No biggie- {image}
I can't see it being a losing trade had you gone long as marked
the cautious seldom err....C
  • #28,906
  • Jan 23, 2017 12:58pm Jan 23, 2017 12:58pm
A newbie question -
Should I consider only situations where TDR yellow line is near or over 68 or less than 32 and green crosses it? I was looking to see if this set up is in any chart, in all the charts the TDR yellow seems to be around 50. It is making me wonder whether it is just slow start of week?Or perhaps not in london open - us open + 2 period.

Also, what about green crossing red and vice versa if yellow is hovering in the center?

Also, I am located in US, but the time shown in chart is 6 hrs ahead. Alpari seems to be in australia, but does not match that time zone as well. How can I determine the broker's time zone?

Any guidance is appreciated.
TIA
  • #28,907
  • Jan 23, 2017 1:00pm Jan 23, 2017 1:00pm
Quoting emmanuel7788
{quote} you can set the lines and colors in the indicator properties....
Thank you for your response. That worked.
  • #28,908
  • Jan 23, 2017 8:19pm Jan 23, 2017 8:19pm
I am not sure if I am doing it correctly. It seemed to work for this trade. I did few micro trades today. It worked for 50%. The problem that I had is swing seems to take out at SL, though the buy/sell decision seemed correct. It advances in the same direction after retracing a little bit.

Though Arjun said 20 pips SL, is that adequate?

Thanks and Best Regards
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  • #28,909
  • Jan 24, 2017 7:18am Jan 24, 2017 7:18am
Fairly quite today on the market.. One loss on the AUDUSD..

Still got a few hours left till the london close so lets wait guys..

Roni
  • #28,910
  • Jan 24, 2017 7:34am Jan 24, 2017 7:34am
Quoting Roni26
Fairly quite today on the market.. One loss on the AUDUSD.. Still got a few hours left till the london close so lets wait guys.. Roni

Looking at AUDUSD , today D1 is above its 10EMA, so on M15 , we trade away from the 200EMA and the 10EMA.

taking counter-trend trade into the 200EMA is much riskier.
Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #28,911
  • Jan 24, 2017 9:53am Jan 24, 2017 9:53am
I take it the RN's are TP areas and SL areas..

Or do you guys draw your own S/R levels?

Roni
  • #28,912
  • Edited 10:16am Jan 24, 2017 9:55am | Edited 10:16am
Mixed bag today- 2 wins 2 losses.

I scalp on 15min binary options so I need price to normally close above the close of the previous candle to make profit.

Roni
  • #28,913
  • Jan 24, 2017 10:26am Jan 24, 2017 10:26am
Quoting Roni26
Mixed bag today- 2 wins 2 losses. I scalp on 15min binary options so I need price to normally close above the close of the previous candle to make profit. Roni
post your trades so others can learn too...there will be someone to discuss your trades...you'll learn faster this way
the cautious seldom err....C
  • #28,914
  • Jan 24, 2017 11:04am Jan 24, 2017 11:04am
Quoting pips29
{quote} post your trades so others can learn too...there will be someone to discuss your trades...you'll learn faster this way

Hi Pips29,

My method would slightly differ as i trade the 15min binary option so I need to pick my trades extremely carefully.

Once all the variables match i trade on the next candle after the tdi cross- I CALL for LONG or PUT for SHORT, if that bar closes above or below the previous bar depending on what I opted for I make my profit or loss.

The down side is I do not have the option to let the trade run for x amount of bars as you guys do with normal fx.

Roni
  • #28,915
  • Jan 24, 2017 11:09am Jan 24, 2017 11:09am
Quoting Roni26
{quote} Hi Pips29, My method would slightly differ as i trade the 15min binary option so I need to pick my trades extremely carefully. Once all the variables match i trade on the next candle after the tdi cross- I CALL for LONG or PUT for SHORT, if that bar closes above or below the previous bar depending on what I opted for I make my profit or loss. The down side is I do not have the option to let the trade run for x amount of bars as you guys do with normal fx. Roni
I have no idea how binaries work but if timing is critical I would suggest not using the tdi
the cautious seldom err....C
  • #28,916
  • Jan 24, 2017 11:59am Jan 24, 2017 11:59am
Quoting pips29
{quote} I have no idea how binaries work but if timing is critical I would suggest not using the tdi
What would you suggest using otherwise then?

Kind regards,
ROni
  • #28,917
  • Jan 24, 2017 12:40pm Jan 24, 2017 12:40pm
Quoting pips29
{quote} I have no idea how binaries work but if timing is critical I would suggest not using the tdi

Timing I am ok with- just sometimes the candle may close below the previous candle if I opt for Call (Long) or close above the previous close if I put Close(short)

Might consider 30min binaries so I have expiration time of 30mins and two bars to close in the money.

Kind regards ,
Roni
  • #28,918
  • Jan 24, 2017 1:00pm Jan 24, 2017 1:00pm
Roni, are you saying that once you enter a long the current candle must close above the previous candle close for a win..so if trading on the 15 min tf the outcome will be determined with the entry candle close on the 15 min...am I right?
the cautious seldom err....C
  • #28,919
  • Jan 24, 2017 1:13pm Jan 24, 2017 1:13pm
Quoting Roni26
{quote} Hi Pips29, My method would slightly differ as i trade the 15min binary option so I need to pick my trades extremely carefully. Once all the variables match i trade on the next candle after the tdi cross- I CALL for LONG or PUT for SHORT, if that bar closes above or below the previous bar depending on what I opted for I make my profit or loss. The down side is I do not have the option to let the trade run for x amount of bars as you guys do with normal fx. Roni
Can you show on a chart how an entry is made and when is the outcome determined...sounds like a fast game..also can you enter several minutes before the candle closes so the outcome will likely stay the way price has been moving
the cautious seldom err....C
  • #28,920
  • Jan 24, 2017 1:35pm Jan 24, 2017 1:35pm
Quoting pips29
Roni, are you saying that once you enter a long the current candle must close above the previous candle close for a win..so if trading on the 15 min tf the outcome will be determined with the entry candle close on the 15 min...am I right?
You would normally choose a time of your choice so if you think in 15mins time the price will be higher than it is now, that is what you would bet by opting for a call (long) the beauty of that is, it does not matter if it is only 1 pip higher you still win the same amount agreed on at the start. Of course it can also work in the opposite way. Very fast moving if you want it to be.
Success means going from failure to failure without loss of enthusiasm
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