A very simple system - trade with arrow | Page 106 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Need help for this very very simple indicator 1 reply

Looking for simple arrow indicator 0 replies

lets develop a system which is very very simple but effective. 7 replies

Can anyone add a simple crossover arrow to this? 2 replies

mt4 coder needed for a very very simple system 2 replies

Attachments: A very simple system - trade with arrow
Exit Attachments

A very simple system - trade with arrow

  • #2,101
  • Apr 26, 2017 6:50am Apr 26, 2017 6:50am
Could someone tell me how the TDI is used in this strategy, going through the thread i can't seem to find any information on it,

Cheers
  • #2,102
  • Apr 26, 2017 7:16am Apr 26, 2017 7:16am
Quoting Hazza88
Could someone tell me how the TDI is used in this strategy, going through the thread i can't seem to find any information on it, Cheers
Hi Hazza, with this method we concentrate on the 10 and 34 ema and there is really no need for the tdi which may even stop you from taking a trade. If you like the tdi you can have it on and take a trade when the green is above or below the red depending on short or long...you can learn about the tdi in the TMS thread in which there are so many quarrels over this indicator...below is how the trades can be taken before there is a tdi cross
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 54 KB
the cautious seldom err....C
  • #2,103
  • Apr 26, 2017 7:41am Apr 26, 2017 7:41am
Quoting pips29
{quote} Hi Hazza, with this method we concentrate on the 10 and 34 ema and there is really no need for the tdi which may even stop you from taking a trade. If you like the tdi you can have it on and take a trade when the green is above or below the red depending on short or long...you can learn about the tdi in the TMS thread in which there are so many quarrels over this indicator...below is how the trades can be taken before there is a tdi cross {image}
Hi pips, thanks for your response, yeah ive been following the TMS thread for quite some time (its actually what lead me to this thread). On that last chart you posted i see you have taken the CCI off as well? From my understanding its over 0 for longs and under 0 for shorts, are you perhaps trading different strategys and thats why its not on that particular chart?

Anyway, first trade taken today:

Attached Image (click to enlarge)
Click to Enlarge Name: euraud-m15-ig-group-limited.png Size: 53 KB


H4 was above 34 and 10 ema
H1 was above 34 and crossing 10 ema (should we wait for a close of the 1H?)
15MIN closed above the 34 and 10 ema (aggresive entry, should we wait for a pullback after the ema's have crossed?)
CCI above 0

Closed 1 part for 12 pips, another for 25 pips and still have 1 position open.
  • #2,104
  • Apr 26, 2017 7:49am Apr 26, 2017 7:49am
Quoting Hazza88
{quote} Hi pips, thanks for your response, yeah ive been following the TMS thread for quite some time (its actually what lead me to this thread). On that last chart you posted i see you have taken the CCI off as well? From my understanding its over 0 for longs and under 0 for shorts, are you perhaps trading different strategys and thats why its not on that particular chart? Anyway, first trade taken today: {image} H4 was above 34 and 10 ema H1 was above 34 and crossing 10 ema (should we wait for a close of the 1H?) 15MIN closed above the 34 and...
I would monitor the trade on the tf you took it..just be aware that adr is very close and have a look at htf S/R..green pips to you...on my chart I do have the cci14/50. I just moved it down to hide it as I did not want to take your eyes away from discussing the tdi..the aussie is the weaker of the two atm
the cautious seldom err....C
  • #2,105
  • Apr 26, 2017 8:09am Apr 26, 2017 8:09am
here is the same chart with the cci shown ..the cci was much faster than the tdi in this instance
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 59 KB
the cautious seldom err....C
  • #2,106
  • Apr 26, 2017 8:16am Apr 26, 2017 8:16am
I wish to point out that when trading the 15 min trend which is against the the 1/4 hour ,don't expect to reap big pips unless you have caught a reversal..very often it's just riding the smaller wave...when the smaller wave is at say, the middle of a bigger wave then you can ride it right to the peak of the bigger one bringing in good harvest of pips..i.e trading in line with htf
the cautious seldom err....C
  • #2,107
  • Apr 26, 2017 8:28am Apr 26, 2017 8:28am
have a look at H4 and see when the 10 ema started moving above the 34 ema...so if you traded long on the 15 min. you are trading with the trend and so reap a bumper harvest...and I now expect you guys to be making pips everyday and start posting here, right
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH4.png Size: 59 KB
the cautious seldom err....C
  • #2,108
  • Apr 26, 2017 8:39am Apr 26, 2017 8:39am
have a look at the kiwi and see where price is in relation to the weekly fibo. pivot...can you see why the moving averages method is far better than the pivots so called "edge". When the guru pivoter starts buying at 61-100 zone , my method is showing sell and running to the bank everyday to deposit and not running to top up the account
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 54 KB
the cautious seldom err....C
  • #2,109
  • Apr 26, 2017 8:47am Apr 26, 2017 8:47am
the sell started higher up if you zoom in
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 61 KB
the cautious seldom err....C
  • #2,110
  • Apr 26, 2017 8:55am Apr 26, 2017 8:55am
getting close to covering those sexy legs....
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 67 KB
the cautious seldom err....C
  • #2,111
  • Apr 26, 2017 8:58am Apr 26, 2017 8:58am
Quoting pips29
the sell started higher up if you zoom in {image}
And even if you miss the first move ( in my case I wasn't paying attention) a bit of patience and you can get in later as I did.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 42 KB
Never argue with a fool; onlookers may not be able to tell the difference.
  • #2,112
  • Apr 26, 2017 9:04am Apr 26, 2017 9:04am
Quoting pips29
getting close to covering those sexy legs.... {image}
Already got them covered
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 45 KB
Never argue with a fool; onlookers may not be able to tell the difference.
  • #2,113
  • Apr 26, 2017 9:19am Apr 26, 2017 9:19am
Nice trading LL

I still use TDI for entries but hoping to move across to yours and Pips way of trading.
Attached Image (click to enlarge)
Click to Enlarge Name: AC 26 4 17.png Size: 50 KB
Your trade order needs to be in the right place at the right time.
  • #2,114
  • Apr 26, 2017 9:26am Apr 26, 2017 9:26am
LL, you are on a different planet, very well executed and Rob, nice trade with a/cad..btw I see a cci histogram ..is that programmed for above/below the zero line
the cautious seldom err....C
  • #2,115
  • Apr 26, 2017 9:31am Apr 26, 2017 9:31am
Quoting pips29
LL, you are on a different planet, very well executed and Rob, nice trade with a/cad..btw I see a cci histogram ..is that programmed for above/below the zero line
Yes, above and below 0.00 line. I put CCI Histogram together today(Converted from someones RSI code posted in another thread) I am trying to clean up chart space. Lower window is line chart so I can see peaks and troughs clearer.
Do you want CCI Indi?
Your trade order needs to be in the right place at the right time.
  • #2,116
  • Apr 26, 2017 9:36am Apr 26, 2017 9:36am
Quoting Islandfx911
Nice trading LL I still use TDI for entries but hoping to move across to yours and Pips way of trading. {image}
Use whatever you are comfortable with and you'll soon find you can spot the entries without using anything else. I've some junk on my charts which I need to get rid of as I don't even take any notice of them.
One thing I would suggest is zooming out on the chart so that you can see the way the waves move.

Now got to decide what to do with my aussie and kiwi as the RBA guy is talking tonight
Never argue with a fool; onlookers may not be able to tell the difference.
  • #2,117
  • Apr 26, 2017 9:36am Apr 26, 2017 9:36am
Quoting Islandfx911
{quote} Yes, above and below 0.00 line. I put CCI Histogram together today(Converted from someones RSI code posted in another thread) I am trying to clean up chart space. Lower window is line chart so I can see peaks and troughs clearer. Do you want CCI Indi?
Is it possible to make one using the 14 cci so that I can have both displayed one top of the other..if it's possible can you post them here both the 14 and 50 cci for others to share
the cautious seldom err....C
  • #2,118
  • Apr 26, 2017 9:51am Apr 26, 2017 9:51am
damn, after being stopped out I was a bit hesistant in pulling the trigger, for cable was having her mood and swing..price was rejected at the 200 ema on the 4 hour on several ocassions
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 59 KB
the cautious seldom err....C
  • #2,119
  • Apr 26, 2017 9:59am Apr 26, 2017 9:59am
gotta leave the house now...for 1-2 hours..keep hunting those green pips
the cautious seldom err....C
  • #2,120
  • Apr 26, 2017 10:33am Apr 26, 2017 10:33am
Quoting Lookleft
{quote} Already got them covered {image}
Hi Lookleft,

For the AUDUSD and NZDUSD sell trade, I see that you entered when price seems to be in consolidation. Are you expecting that the consolidation would break out to the down side? Could you explain a bit more?

Thank you.
47 traders viewing now