Re: Sizabici's Commercial Signals (Telegram group) offer

14
sizabici wrote: Fri Jun 09, 2023 5:13 pm AUDCHF M5 09.06.2023
Hi sizabici,

Great trades you are taking :thumbup:

One question, what is the indicator you have in the top right of your screen? Possible to share it with the community?

Warmest regards,
BeatlemaniaSA
These users thanked the author BeatlemaniaSA for the post:
Gethsemane
BEATS V5 - "Enjoy The Quiet Between Trades”

Improve Your Trading Psychology - NO FEAR, NO DOUBT


Re: Sizabici's Commercial Signals (Telegram group) offer

16
BeatlemaniaSA wrote: Fri Jun 09, 2023 5:57 pm Hi sizabici,

Great trades you are taking :thumbup:

One question, what is the indicator you have in the top right of your screen? Possible to share it with the community?

Warmest regards,
BeatlemaniaSA
yes sure ... feel free to download it. Here they are
These users thanked the author sizabici for the post (total 3):
BeatlemaniaSA, moey_dw, TransparentTrader

Re: Sizabici's Commercial Signals (Telegram group) offer

20
SUNDAY! THEORY for the best settings we may look for prior to entering a trade using the TDI indicator :star:

Here are some examples of trades on the same instrument EURUSD and on 3 different time frames M5, M15, M30

The Trend Dynamic Index (TDI) is a technical indicator that combines the benefits of both trend-following and momentum indicators. While the indicator itself provides valuable information, it's important to note that the choice of settings may vary depending on your trading style, timeframe, and the specific asset you're trading. However, I can provide you with some general guidelines. Here are a few considerations:

Timeframe: Determine the timeframe that aligns with your trading strategy. The TDI can be used on various timeframes, such as daily, hourly, or even shorter intervals like 30, 15, or 5 minutes. Adjust the settings accordingly based on your preferred timeframe.

TDI Settings: The TDI typically consists of multiple lines, including a TDI line, a signal line, and a volatility band. The settings I am using for the TDI are as follows:

TDI Line: 13-period RSI with a 7-period signal line.
Volatility Bands: 34 -period moving average.

download/file.php?id=3464383&mode=view

You can experiment with these settings and make adjustments based on your trading preferences. For example, you might consider using a longer RSI period for a smoother signal or altering the Bollinger Bands parameters to better suit the volatility of the asset you're trading.

Entry and Exit Signals: The TDI can generate entry and exit signals based on crossovers and divergences. A common approach is to look for a crossover of the TDI line and the signal line as a potential entry signal. For example, when the TDI line crosses above the signal line, it may indicate a bullish signal. Conversely, when the TDI line crosses below the signal line, it may suggest a bearish signal. I look for a pullback as well.

Confirmation: It's often beneficial to use additional technical analysis tools or indicators to confirm the signals generated by the TDI. This can include trendlines, support and resistance levels, or other indicators like moving averages or volume analysis.

Practice and Optimization: As with any trading indicator or strategy, it's crucial to backtest and optimize your approach. Test the TDI and keep in mind that no indicator is foolproof, and it's important to consider risk management and other factors when making trading decisions.

Remember that these are general guidelines, and it's essential to adapt and refine the settings based on your trading experience, risk tolerance, and market conditions.
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