Hello again,
First and foremost a big "thank you!!" to everyone in the old thread ( http://www.forexfactory.com/showthread.php?t=577146 ) who helped develop this system. Mathtrader7, Invermac and a few others did an awesome job helping me develop a system which by far has been the most profitable and the most fun for me to trade. The whole idea is simple and is based on the original TDI strategy which can be found here: http://www.forexfactory.com/showthread.php?t=291622
The biggest difference is, this system is more of a swing-trading system while the original is a break-out type of trading system. Here are my rules:
Chart: H1
Indicators:
Synergy_TDI_Pro (standard settings)
ADX (Period 13, Levels; 30 & 50)
EMA 200, close
Bollinger Bands; 20, 3, 3 (for viewing purposes only. The B-Bands have no function)
Long Entry:
1) Price above the 200EMA
2) TDI and TDI Signal below 50
3) TDI then crosses above TDI Signal and is still below 50
4) ADX between 30 AND 50 (I try to stay away from extremely strong and extremely week trends)
**Note; I might end up getting rid of the ADX in order to simplify this even more**
Exit when TDI crosses above 68 or a SL of 100 pips.
Short Entry is the exact opposite.
Mathtrader7 has posted an EA (without the 200EMA indy added) here: http://www.forexfactory.com/showthre...577146&page=19
You can find plenty of screenshots in the old thread. I'll post some more here and update you on live entries and exits. I'd love to hear from you guys and am looking forward to some improvements. like every system, this is a work in progress.
Green pips to you all and stay safe out there!
Cheers,
Shem
First and foremost a big "thank you!!" to everyone in the old thread ( http://www.forexfactory.com/showthread.php?t=577146 ) who helped develop this system. Mathtrader7, Invermac and a few others did an awesome job helping me develop a system which by far has been the most profitable and the most fun for me to trade. The whole idea is simple and is based on the original TDI strategy which can be found here: http://www.forexfactory.com/showthread.php?t=291622
The biggest difference is, this system is more of a swing-trading system while the original is a break-out type of trading system. Here are my rules:
Chart: H1
Indicators:
Synergy_TDI_Pro (standard settings)
ADX (Period 13, Levels; 30 & 50)
EMA 200, close
Bollinger Bands; 20, 3, 3 (for viewing purposes only. The B-Bands have no function)
Long Entry:
1) Price above the 200EMA
2) TDI and TDI Signal below 50
3) TDI then crosses above TDI Signal and is still below 50
4) ADX between 30 AND 50 (I try to stay away from extremely strong and extremely week trends)
**Note; I might end up getting rid of the ADX in order to simplify this even more**
Exit when TDI crosses above 68 or a SL of 100 pips.
Short Entry is the exact opposite.
Mathtrader7 has posted an EA (without the 200EMA indy added) here: http://www.forexfactory.com/showthre...577146&page=19
You can find plenty of screenshots in the old thread. I'll post some more here and update you on live entries and exits. I'd love to hear from you guys and am looking forward to some improvements. like every system, this is a work in progress.
Green pips to you all and stay safe out there!
Cheers,
Shem
Attached File(s)
FF_TDI-ADX.tpl
8 KB
|
2,896 downloads
Synergy_Pro_TDI.ex4
14 KB
|
3,409 downloads
When trading: "Empty your mind, be formless. Shapeless, like water."