Trading Made Simple

Quoting inforserve

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{quote} Just sharing my back-testing result from 2016-01-01 to 2016-12-31. It took eight hours to finish. Using mean reversion & trend following ( TDI ) {image} {image}

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Quoting Deichkind

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{quote} On which TF do you test? H4?

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Quoting inforserve

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{quote} Just sharing my back-testing result from 2016-01-01 to 2016-12-31. It took eight hours to finish. Using mean reversion & trend following ( TDI ) {image} {image}

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Quoting Nivian

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Hi All This is my setup on MT4, is it correct? The Market Panel Display Controller also shows market open times etc, but I dont like it so I set it to false, I use the Forex market hours monitor which allows to set the time zones. Also on the STOCH the red parts indicate what exactly? {image} {file} {file} {file} {file} {file}

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Quoting emmanuel7788

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{quote} Entries and Exits Based on this post#6, the Exit rule is : Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal. Look at this chart below, do we exit at point A? when the TDI goes flat? {image} Is there an exception to this rule? Anyone? Would you hold on to that trade until point B?

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Quoting emmanuel7788

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{quote} I am looking at 30% to 40% per annum trading the D1 chart. Who else have done your weekend back-testing? Post and share your backtests results, any timeframe will do.

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Quoting emmanuel7788

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{quote} 1) use the Synergy APB in post#25 instead of eth standard Heiken Ashi. 2) the stochastic slope threshold is not part of the basic rules for the 5-Method. Also not in any of the 26 exceptions mentioned by Big E in his 861 + 463 posts. you can simply use the platform standard Stochastics (8,3,3)

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Quoting emmanuel7788

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{quote} 1) use the Synergy APB in post#25 instead of eth standard Heiken Ashi. 2) the stochastic slope threshold is not part of the basic rules for the 5-Method. Also not in any of the 26 exceptions mentioned by Big E in his 861 + 463 posts. you can simply use the platform standard Stochastics (8,3,3)

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Quoting emmanuel7788

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{quote} Hey Folks, No one even bother to try this above post question, what is the exception to the basic rule. Are you folks really serious about wanting to trade this 5-Method and make money?

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Quoting emmanuel7788

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{quote} Hey Folks, No one even bother to try this above post question, what is the exception to the basic rule. Are you folks really serious about wanting to trade this 5-Method and make money?

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Quoting eelfranz

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WHEN TO EXIT ----------------- OK there appears to be some confusion here... According to the rules you exit when the TDI GREEN LINE goes flat, check mark reversal or hooks over.... this is for the conserative trader and works great.

However.... note the blue box on the TDI below. See how the green line archs like a worm crawling up the red line without crossing red. You could have stayed in the whole trade without exiting until green crossed red finally. {image}

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Quoting inforserve

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{quote} The signal picked up D1 TF but TDI looking at D1,W1 TF.

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Quoting emmanuel7788

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{quote} Thanks Infoserve. This show that trading the 5-Method is profitable over long term but the the reward to risk is not great. I am looking at 30% to 40% per annum trading the D1 chart. Who else have done your weekend back-testing? Post and share your backtests results, any timeframe will do.

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Quoting emmanuel7788

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I repeat what I said before. This is the hard truth and is real. Why many traders here will not make it.. Too much time is being spent on TDI and Stochastics, Too little time time on Price Action and Support/Resistance. And no time spend on Money Management, Risk Management for entries and exits, When and How to Let Profits Run. You need to find your WINNING EDGE and the TDI is not in the winning edge equation.

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Quoting emmanuel7788

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{quote} You must read Post#6. and study old charts like this one below. {image} also do not enter candle 1 and 2 when market is in consolidation, do not enter blindly.

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Quoting emmanuel7788

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{quote} We all know that Big E prefer to trade H4 and H1. He did not trade D1 and he has his own reasons. But he did say that those with day jobs should not be afraid to trade the D1 chart. He did mentioned about doing some testing between July and Oct 2011 but did not post any results of his testing. He was last online in Dec 2011. Therefore, I write my own rules when I trade the higher timeframes like D1 and W1. The basic rule for me is - use the HA candles, use the 5EMA Typical Price, Shift+3, and just one version of the TDI Realtime set to the...

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Quoting luvene

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{quote}You don't need Stochastics. You do need Price Action, you're right. But you don't need Support/Resistance levels. It's just a kind of using Pivots, bull shit too. On each timeframe you'll see different S/R levels, the same with Pivots....It is what you want to see my friends.... Does that make sense? Support and Resistance, come on, use your common sense! You don't need Multiple entries either....., you don't need EMA5 shift 2 or 3 or whatever... You don't need Fibonacci levels, you don't need lower timeframes or higher to compare or finding...

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Quoting v2vboni

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{quote} Heiken Ashi - APB...

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Quoting Nivian

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Hi all So can we talk about the coming week, anyone wants to share their thoughts? GBP/USD D1 Chart looks to be in the overbought area on the TDI and STO. {image} H4 TDI also near 68(Green already below red) and the volatility bands are quite close together, market baseline also above 68. {image} H1 The green seems to have crossed the red and yellow. {image} Could this be a sell for the GBP or does anyone think its going to go up to the FebruaryJanuary High. {image} Trusting this week will be profitable for all

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