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Re: TDI Alternative Experimenting with other indicators

Posted: Sun Nov 28, 2021 4:24 am
by andrei-1
DaveTrader wrote: Sun Nov 28, 2021 3:21 am
The translator does not translate complex text well. :eh:

1. I didn't understand the meaning. There are many good indicators.

2. OmaLength 200 (150-350)

3. A good wand :D . Yes, a good indicator is better than a wand.

Re: TDI Alternative Experimenting with other indicators

Posted: Sun Nov 28, 2021 4:31 am
by DaveTrader
No strategy, including TDI/TMS, are worth anything without keeping a focused eye on market structure. Does anyone have a favorite S/R indicator they use? A good S/R indicator can also be used during the learning process for new traders by comparing their results to what is produced. That is an aspect I think about often, what would help friends and family in the learning process.

I had an indicator a while ago that worked "pretty good" but it still missed occasionally. I am old school and use the mt4 horizontal line, trendline and rectangle "method".

Re: TDI Alternative Experimenting with other indicators

Posted: Sun Nov 28, 2021 4:35 am
by DaveTrader
The 200 OMA is very easy on the eyes and looks to do a nice job.

Re: TDI Alternative Experimenting with other indicators

Posted: Sun Nov 28, 2021 4:37 am
by DaveTrader
:lmao: ...there have been times that if I had a wand, I would have certainly tried it :D

Re: TDI Alternative Experimenting with other indicators

Posted: Sun Nov 28, 2021 4:43 am
by andrei-1
DaveTrader wrote: Sun Nov 28, 2021 4:35 am The 200 OMA is very easy on the eyes and looks to do a nice job.
I agree. :hug:
Let's see what the indicator will do with the wand. :)

Re: TDI Alternative Experimenting with other indicators

Posted: Wed Dec 08, 2021 12:57 am
by andrei-1
DaveTrader wrote: Sun Nov 28, 2021 4:37 am :lmao: ...there have been times that if I had a wand, I would have certainly tried it :D
It turned out beautifully. It seems TDI is also suitable for this. Maybe even better.

Re: TDI Alternative Experimenting with other indicators

Posted: Wed Dec 08, 2021 1:00 am
by moey_dw
andrei-1 wrote: Wed Dec 08, 2021 12:57 am It turned out beautifully. It seems TDI is also suitable for this. Maybe even better.
:Shocked: :Shocked: :Shocked:

Re: TDI Alternative Experimenting with other indicators

Posted: Wed Dec 08, 2021 10:00 am
by DaveTrader
andrei-1 wrote: Wed Dec 08, 2021 12:57 am It turned out beautifully. It seems TDI is also suitable for this. Maybe even better.
Image
:) :)

Re: TDI Alternative Experimenting with other indicators

Posted: Thu Dec 09, 2021 7:51 am
by DaveTrader
Another use of the OMA 200: green and orange line.
Add additional Step one more average with an OMA of 5. Then set the Display Type to Display dots and add your favorite TDI indicator.

Enter when the OMA 200 line changes color.
Use the OMA 5 for exits and re-entries by following the OMA 200 trend indication.
Use your TDI for confirmations and help in avoiding the fake outs.
Looks pretty good on all time frames. A few break even or small losses can be seen, but keeping market structure in mind should help with many of those.

The use of Stochastic (8,3,3) can also help. That is from BigE and his Trading Made Simple version of TDI.

Re: TDI Alternative Experimenting with other indicators

Posted: Fri Dec 10, 2021 8:09 am
by DaveTrader
Experimenting with multiple time frame dots on the chart is also interesting.