NEW TDI Method v2 ~ forex trading is best business
NEW TDI Method V2
The so-called "New TDI Method" is a trading strategy based on the modified TDI indicator. I think the original TDI trading is not simple, the reaction is not sensitive. So I do not use the original TDI indicator, but the use of alternative solutions to simplify. I only apply three indicator lines instead of the original TDI:
1. RSI (13) as the relative strength index, the application price is close, the color is set to be colorless;
2. SMA (7) as a trading signal line (TSL), applied to RSI, the color is red;
3. SMA (2) as the RSI price line (RPL), also applied to RSI, the color is green.
For your convenience, I have attached a template that can be downloaded directly.
New TDIs trading method is the same as the original, when the green price line (RPL) with the red trading signal line (TSL), it generates a trading signal, at same time, added the reverse entry point, OBOS strategy etc. In addition, the position can be a variety of ways (SL, TP, reverse cross, BE).
1. RSI (13) as the relative strength index, the application price is close, the color is set to be colorless;
2. SMA (7) as a trading signal line (TSL), applied to RSI, the color is red;
3. SMA (2) as the RSI price line (RPL), also applied to RSI, the color is green.
For your convenience, I have attached a template that can be downloaded directly.
New TDIs trading method is the same as the original, when the green price line (RPL) with the red trading signal line (TSL), it generates a trading signal, at same time, added the reverse entry point, OBOS strategy etc. In addition, the position can be a variety of ways (SL, TP, reverse cross, BE).
Specific methods are as follows:
1. Symbol............All pairs(I generally trade20~ 28 pairs?
2. TimeFrame.......M30
3. SELL Signal?See figure below?
The green line (RPL) crossed down red line (TSL) after Pre-Candle Close,
and red line (TSL) >68
4. Buy Signal?See figure below?
The green line (RPL) crossed up red line (TSL) after Pre-Candle Close,
and red line (TSL) <32
5. Add Orders?Corrected?
If the price is running in the Opposite direction as orders, then every 20 points to increase a position, up to 6.
6. Exit Trading
a?A single currency pair or basket of profits reached TP?
b) A single currency pair or basket of profits reached SL?
c) When the opposite direction of the trade signal;
d) When setting the break even point, the price is withdrawn to BE.
Next step, after Im considering the maturity, will increase the number of signal filtering options.
Trading happiness!
Good luck, everyone.
1. Symbol............All pairs(I generally trade20~ 28 pairs?
2. TimeFrame.......M30
3. SELL Signal?See figure below?
The green line (RPL) crossed down red line (TSL) after Pre-Candle Close,
and red line (TSL) >68
4. Buy Signal?See figure below?
The green line (RPL) crossed up red line (TSL) after Pre-Candle Close,
and red line (TSL) <32
5. Add Orders?Corrected?
If the price is running in the Opposite direction as orders, then every 20 points to increase a position, up to 6.
6. Exit Trading
a?A single currency pair or basket of profits reached TP?
b) A single currency pair or basket of profits reached SL?
c) When the opposite direction of the trade signal;
d) When setting the break even point, the price is withdrawn to BE.
Next step, after Im considering the maturity, will increase the number of signal filtering options.
Trading happiness!
Good luck, everyone.
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