Please find attached the TMA indicators used. These are set to 8 and 26 respectively. As stated in previous posts and everywhere TMA is mentioned, the indicator extrapolated data is recalculated every new bar. i.e repaints and so can not be relied ...

(binned per thread starter's request) Tillman Method Revisited

Today's (20 Jan 2023) trade, EURUSD 15min chart, how not to trade this method and still have confidence it will work out fine! Entered put trade on arrow pointing to right of screen as price crossed below both TMAs believing the focal point will ...

(binned per thread starter's request) Tillman Method Revisited

Zigzag, bollinger bands and Tillman. I was taught years ago that when price is outside a bollinger band it is overbought/oversold; yet trying to trade this event was never consistent or profitable even when tested / traded by expert advisor. Reading ...

(binned per thread starter's request) Tillman Method Revisited

This is how it looks in MT4 for reference. The horizontal lines dotted 50% target, solid line 100% target. These change as more data becomes available. Yellow and white arrows are work in process, ignore for now.

(binned per thread starter's request) Tillman Method Revisited

This is the next chart from above, still EURUSD 15min today (19 Jan 2023), showing that the 100% target price was reached. Note the focal point has moved as the cycle developed due to the repainting of the TMAs. In this instance the focal point ...

(binned per thread starter's request) Tillman Method Revisited

The above are basic examples of the method without the indicators calculating the pips etc. I will continue to post how the method works with logically reasoning and then provide the indicators etc... This will allow for a more informed technical ...

(binned per thread starter's request) Tillman Method Revisited

This is the next chart from above, still EURUSD 15min today (19 Jan 2023), showing focal point recently formed, entered trade and just finished with 50% profit. What you may observe is that the last focal point tends to be taken out by the current ...

(binned per thread starter's request) Tillman Method Revisited

This is an example today (19 Jan 2023), on EURUSD 15min chart of a focal point and that the pips below to the low more or less equal the pips from the focal point to the high. Approx 0.26% below and above, not an exact science. Unlike Tillman, I ...

(binned per thread starter's request) Tillman Method Revisited

I will post a live example in due course, to better explain.

(binned per thread starter's request) Tillman Method Revisited

The first issue to address is using moving averages that are shifted back in time to find market cycles. The current data is missing and must be extrapolated to find the focal point. See below an example from tradingfive. The black lines are the ...

(binned per thread starter's request) Tillman Method Revisited

Interesting but nothing to do with trading and not Jim Tillman who trades markets! See the links in first post

(binned per thread starter's request) Tillman Method Revisited

Thank you for the information. Trading EURUSD 1hr chart.

Trading is as simple as 1-2-3

Could I confirm what is meant by testing the DH or DL. Does this mean for example the bar after the DH, goes above its' open price or does price need to go above open price and come within a certain number of pips of the DH or can the current bar ...

Trading is as simple as 1-2-3

Yesterday's (Thursdays) trades. Another breakout day.

Highest Open / Lowest Open Trade

HengkiTjen, nice to meet you. If you look at my charts above; the verticle lines show start of day; these can be compared to your own charts. The start of day for me is when the markets re-open at 1min past midnight my time. Obviously I don't trade ...

Highest Open / Lowest Open Trade

Re-reading the rules your correct it is about the price going above the last 1hr highest open and then entry trade when price drops below last 1hr highest open and vice versa. Trading whiplash, hoping price may continues in the traded direction. As ...

Highest Open / Lowest Open Trade

No trades today on EURUSD as no open between LO and D0L and then price above D1H all day.

Highest Open / Lowest Open Trade

Todays trades: Second trade open was just inside the DH0 and Highest Open of the previous 1hr candle. Second trade was above previous day high and therefore considered a risky trade; only taken as appeared to be resistance above. As LooseMyMoney ...

Highest Open / Lowest Open Trade

Hi TooSlow, Thank you for sharing back in 2016; guess I'm slow to read / catch-on / try out! Apologises, started on a Thursday but will continue next week on EURUSD only; see what happens.

Highest Open / Lowest Open Trade