I personally spent a lot of time testing 025 version on demo and real account.
And I know that some people like more early versions.

Attached Files

	TSD_MT4_MR_Trade_0_24.mq4 (14.8 KB, 241 views)
	TSD_MT4_MR_Trade_0_25.mq4 (14.8 KB, 302 views)
	TSD_MT4_MR_Trade_0_30.mq4 (16.3 KB, 175 views)
	TSD_MT4_MR_Trade_0_34b.mq4 (19.8 KB, 227 views)
	TSD_MT4_MR_Trade_0_33.mq4 (17.3 KB, 246 views)

what timeframes and currencies should we use for them?

I do not remember exactly but it should be attached to the one chart only and it will trade on many pairs simultaniuosly. Open this EA in MetaEditor and read the coments (there are lists of pairs and brokers - just delete pair which you do not want to trade).

Also look on the TSD manuals
TSD Starters Pack

But probably you need this link:
Mindaugas - Metatrader 4 Version

It is description about settings, pairs and everything.

Please explain meaning of TSD


Thanks


dave

I think it came from Dr. Alexander Elder.
Triple screen trading system.

In the posts above there are instructions and just a few words about the original idea:

"The factor of five in choosing timeframes. Decide which timeframe you want to trade and call that intermediate timeframe. The long-term timeframe will be 5 times longer and the short-term timeframe 5 times shorter than the intermediate timeframe.

First Screen (long-term timeframe) – Market Tide

The first screen uses trend-following indicators to identify a long-term trend. The original system uses the slope of the MACD-Histogram to identify the market tide. The slope is defined as the relationship between the two latest bars. The upturns and downturns that occur above or below the centerline give better signals than the opposite. You could also use a simple 13 candles exponential moving average to define where the trend is going. The principle is the same: first screen enables you to decide if you will go long or short on second screen.

Second Screen (intermediate timeframe) – Market Wave

The second screen applies oscillators to the intermediate timeframe chart in order to identify deviations from the first screen chart. When the long-term timeframe trend is up, intermediate timeframe declines point to buying opportunities. When the long-term timeframe trend is down, intermediate timeframe rallies point to shorting opportunities. Force index and Elder-ray are good oscillators to use with Triple Screen, but Stochastic and Williams%R also perform well.

Third Screen (short-term timframe) – Intraday Breakout

The third screen uses intraday price action to pinpoint entry points. The third screen does not require a chart or an indicator. It uses a trailing buy-stop technique when the long-term timeframe trend is up while the intermediate timeframe is down to catch upside breakouts. On the other side, it uses a trailing sell-stop technique when the long-term timeframe trend is down while the intermediate timeframe is up to catch downside breakouts.

So technically, when the conditions you are looking for are met on the First and on the Second Screen, place a buy (or a sell order) on the third screen one tick above (or below) the high (or the low) of the last closed candle on the INTERMEDIATE TERM TIMEFRAME.

Keep moving your buy-stop (or sell-stop) for each subsequent candle until stopped in or until the trend on the long-term timeframe reverses therefore cancelling its initial signal."

Thanks for that....

dave

Hi Digital:

Pls. advise are you still using tsd ea? which version? thanks

No I am not using it. Because I think it should be approved something to reduce the losses. This EAs are very good during the uptrend or downtrend when the trend was established already. But in other xases it produces the losses and the losses may be very big, even more bigger than profit.
This EAs should be approved. Mindaugas who coded the last versions promised the give new version.

Newdigital:

Are you using any EA for your live account?

Yes, from time to time.

I used TSD during the two months.
Then TrueScalper (more earler versions) and some other EAs as well. I used versions of TrueScalper which did not post here even. Too old versions but I like it. I used DayTrading 1st and 2nd versions. There were many my statements on the yahoo group but I changed the nick when I came here to the forum. But many people are still remember me.
I like EAs which are not trading very often. It is my personal.

For TrueScalper I used the following: EA opened the order and then I managed the order manually without EA (moving stop and exit for example).

Now I am always near computer so I do not need to use EA. Just for the testing only.