Re: Mentorship and Signals

51
[TDT] Reich System:

Welcome ForexStationeers,

Reich System (Reich is German and means Rich) is a System build on the experience I have gathered through my 6Years of Trading,
that includes the Wisdom shared on ForexStation and on other various Sites.

_______________________________________________________________________________________________

How to use this System:

I primarily Swing Trade Forex so I personally focus on the 4Hour and Daily Timeframe Chart.

At first you might get overwhelmed looking at the Screenshot and the amount of indicators you see on the Chart, but dont worry.
All of my Indicators are working in tandem.
Meaning they synergise with each other, but are still different enough to filter bad trades out.


Entry Continuation:

First we have to understand the Trend direction.

The Subwindow, Candle colour and the MA's help you with that.

  • MA`s must have both the same colour
  • The Subwindow must have same colour as desired direction
  • Spike indicator is not allowed to show coloured spikes in your desired direction
  • VMA Candle Colour must be same colour as desired direction
Enter on Arrow Signal if everything agrees!


Entry Reversal:


  • The Spike Indicator must show a coloured spike
  • The RSI (subwindow) must change colour
  • The VMA Candle must change colour
Enter on Arrow Signal!

Entry Breakout:

If you pay attention you see the VMA Candle changing to a Line, this is the Market pausing.
This is the time you want to look for a breakout Candle, meaning VMA changing from a Line to a Candle.


  • MA`s must have both the same colour
  • The Subwindow must have same colour as desired direction
  • Spike indicator is not allowed to show coloured spikes in your desired direction
  • VMA Candle Colour must be same colour as desired direction
  • Arrow Signal in desired direction
Enter when VMA line turns to Candle!


Exit:

Here we have several Options, there isnt a best or worst.
It solely depends on your personality and how long you like it stay in a trade


  • Exit when the faster MA changes colour
  • Exit when VMA changes to a line
  • Exit when fast RSI changed colour
  • Exit on Spike indicator coloured spike
  • Exit on VMA Candle Colour change
  • Exit on Donchian Channel
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Basic Chart Explaination

Entry Continuation Example:

Entry Reversal Example:

Entry Breakout Example:

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Indicator & Template:
Please put the folder, NOT just indicators inside the MT4 -> Indicator folder

You may need to adjust the Currency Strength Indicator's place based on your Monitors resolution
These users thanked the author PumbaPLS for the post (total 12):
Jedidiah, TransparentTrader, jng640, Chickenspicy, mirfai, kvak, DaveTrader, StuartWong, RexVola, BeatlemaniaSA, Skyold, Hartl
You cannot solve a problem from the same consciousness that created it. You must learn to see the world anew


Re: Mentorship and Signals

52
Great system,
thanks to PumbaPLS
of sharing.
For my newbie with only 1 year of trading experience.
very meaningful.
Gratitude


I am interested in trading the 4 hour chart
I figured out one thing. . Larger period chart trends are less prone to extreme market trends.
Extreme market conditions can easily lead to losses.
Also, you can see the direction for the day at a glance.
Can I understand it this way?

I have a question,
how much margin do I need to trade 30 minutes, 1 hour, 4 hours charts,
enough to keep the positions from being liquidated?

honje
These users thanked the author Jedidiah for the post (total 2):
Chickenspicy, DaveTrader
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

Re: Mentorship and Signals

53
A reminder to friends whose charts cannot be displayed properly after downloading Reich System Ind&TPL. .
You need to put both TDT Reich System and Market in the Indicators folder.
D:\MT4S\MetaTrader 4 EXNESS\MQL4\Indicators
These users thanked the author Jedidiah for the post (total 3):
PumbaPLS, Chickenspicy, DaveTrader
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

Re: Mentorship and Signals

54
honje19960321 wrote: Sat Oct 08, 2022 1:09 am Great system,
thanks to PumbaPLS
of sharing.
For my newbie with only 1 year of trading experience.
very meaningful.
Gratitude


I am interested in trading the 4 hour chart
I figured out one thing. . Larger period chart trends are less prone to extreme market trends.
Extreme market conditions can easily lead to losses.
Also, you can see the direction for the day at a glance.
Can I understand it this way?

I have a question,
how much margin do I need to trade 30 minutes, 1 hour, 4 hours charts,
enough to keep the positions from being liquidated?

honje
HTF is more consistent and less often changing than lower timeframes.
The lower you go with the timeframe the more prone you are to make mistakes.

Faster decision making, more decisions need to be made and the list goes on.

Most traders would do much better if they just traded higher timeframes... but I came to the conclusions that most traders only initially start trading because they want to make money. That goal slowly subconsciously changes though.

Anyway... i could write a whole book now here.. butbi will stop here.
These users thanked the author PumbaPLS for the post (total 3):
Jedidiah, Chickenspicy, DaveTrader
You cannot solve a problem from the same consciousness that created it. You must learn to see the world anew


Re: Mentorship and Signals

59
Dego wrote: Sat Oct 08, 2022 5:17 am I will just ask directly. Does any of the indicators repaint?
Arzz repaints, as its a form of semafor. It doesnt repaint that hard though.
I personally like it more than other types of semafors.

The Spike indicator repaints, this isnt necessarily there though to get you in a trade, but rather a warning sign that you might want to slowly get out of your current trade.

Try it out, or dont. Both works!
These users thanked the author PumbaPLS for the post (total 4):
Dego, Jedidiah, DaveTrader, Chickenspicy
You cannot solve a problem from the same consciousness that created it. You must learn to see the world anew


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