TDI System
Last updated
Last updated
Indicators:
(14, 3, 3, close, 20, 50, 80)
(14, 0, 34, 2, 0, 7, 0, 32, 50, 68)
Key conditions:
The timeframe should not be lower than M30. Focus on the European and American sessions. Set the stop loss beyond a local extreme. Do not use take profit targets; use trailing stops instead. interpret the Stochastic indicator in reverse order. A position above or below the yellow TDI line amplifies the signal.
BUY conditions (all conditions must be met):
the Stochastic is above 50 (80)
the green TDI line crosses the red line from bottom to top
a position above the yellow TDI line amplifies the signal
SELL conditions (all conditions must be met):
the Stochastic is below 50 (20)
the green TDI line crosses from top to bottom
Exit criteria: exit the trade by stop loss or when a reverse signal appears.
Open a chart using a timeframe of at least M30 during the European or American trading sessions. Apply the Heikin-Ashi candles, the Stochastic oscillator with settings (14, 3, 3, close, 20, 50, 80), and the TDI indicator with settings (14, 0, 34, 2, 0, 7, 0, 32, 50, 68). Ensure that your stop loss is placed beyond a local extreme and use a trailing stop of 10-15 points.
Look for a BUY signal when the Stochastic rises above 50 (80), the green TDI line crosses the red line from the bottom up, and the position is above the yellow TDI line to amplify the signal. Enter a long position on the next bar and set your stop loss accordingly. Monitor the trade and exit when the stop loss is hit or a reverse signal occurs. For a SELL signal, identify when the Stochastic falls below 50 (20) and the green TDI line crosses from top to bottom.
Enter a short position on the next bar and set your stop loss beyond the local extreme, using a trailing stop. Exit the trade when the stop loss is triggered or a reverse signal appears.
