Re: Jedidiah's Holy Grail: Day Trading, The Trend Is Your Friend Trading System
Posted: Wed Apr 05, 2023 4:47 am
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Double Top
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Sorry, I don't follow trend continuations.Knight wrote: Wed Apr 05, 2023 8:31 am
Here is my template with inspiration from your system.
It's great for trend continuations, The Macd under helps with entry and divergence. Suggestions are welcome. Let me add to the ocean of knowledge and resources that are abundant here.
The most consistent approach I learnt from here was from naluvs and RplusT.honje19960321 wrote: Wed Apr 05, 2023 2:17 pm Sorry, I don't follow trend continuations.
i just follow
Is it a range now? Is it suitable for trading?
When to break through.
When the trend is formed.
When does the trend end.
If the entry point is missed, when will the next entry point appear.
Price action is the most informed transaction.Knight wrote: Wed Apr 05, 2023 5:28 pm The most consistent approach I learnt from here was from naluvs and RplusT.
"We trade direction, not bits and pieces of price action"
So I find daily trends using currency strength on the daily timeframe against the next day. And simply wait on continuation patterns from marked areas of interest.
Risk to reward is nice.. and you know exactly what you're going for.
With your concept having the 4hr candles displayed on 15mins is super helpful.
Oh no. Please don't hold anything back. We're all learning really.honje19960321 wrote: Wed Apr 05, 2023 5:40 pm Price action is the most informed transaction.
I can't say more
because
I am still learning.
This Holy Grail template will not be released for the time being
(Indicators can be downloaded on FS)
maybe only suitable for myself
Foreign exchange trading is a psychological competitive game.
Psychological techniques are more important than trading techniques.
Don't be greedy.
Knight wrote: Wed Apr 05, 2023 5:51 pm Oh no. Please don't hold anything back. We're all learning really.
I learnt how to use the TDI from one of your templates.
And the idea you shared helped me make 1% on my evaluation account yesterday. So please your inputs and value make alot of difference.
honje19960321 wrote: Sat Feb 11, 2023 2:54 am XARD - Double TDI Trend Following System
This is my trading system.
Since last June
I found that TDI is very suitable for filtering the sideways market and can quickly spot the trend after
I'm obsessed with it.
Thanks to Mr. Tools, kvak, xard777, for developing indicators and trading systems all the time.
Enter
RSX TDI market baseline breaks through 55line/45line
RSX TDI Signal Line breaks Bollinger Bands and 68Line is overbought or 32Line is oversold
RSIOMA is located at 70line/30line
(Slow TDI market baseline breaks through 55-45LINE, implying that a long-term trend may be coming)
exit
RSIOMA 50LINE color change
wait
RSX TDI market baseline is between 55-45LINE
Slow TDI market baseline is between 55-45LINE
RSIOMA Do not trade between 70-30LINE
Here you are, this is the TDI you asked for,
This is This is my trading system the one I trade with by the way.Knight wrote: Wed Apr 05, 2023 8:31 amCode: Select all
Here is my template with inspiration from your system.
It's great for trend continuations, The Macd under helps with entry and divergence. Suggestions are welcome. Let me add to the ocean of knowledge and resources that are abundant here.
You're a thousand % right.. but I'm not many people. I know what works for me and how I'd like to trade.honje19960321 wrote: Wed Apr 05, 2023 6:58 pm Here you are, this is the TDI you asked for,
My method may not be for everyone
To make money, you need patience.
I know many of you are waiting for a new version of xard to be released. .
However
No matter how many versions
Most people don't make any money either.
This is a cruel fact.
Again
Psychological techniques are more important than trading techniques.
Don't be greedy.