The Apostolic tradition is the oral tradition handed down by the Apostles to the early church Fathers for the proper way to interpret scripture. The main emphasis of this hermeneutic is the rule of Faith. The rule of Faith, which was later reinstituted by Luther, is that scripture is to be interpreted as a continuity of Gods revelation throughout scripture. It necessarily takes an Christological presuppositional approach to scripture. That is, Gods revelation from the OT to the NT is a coherent testimony of his redemptive work through Jesus Christ.
It can be said then that the modern Dispensationalists no longer adheres to the rule of Faith because they fracture the word of God into different administrations breaking up the continuity of scripture. The result of this fractured exegetical process is that the Dispensationalist hyper-literalize portions of scripture outside of the general scope of the rule of Faith. The Apostolic tradition necessitates against the inductive form of hermeneutic and insists on the more positive deductive form of hermeneutics. As a Church, we agree on the general rules of Faith outlined in the creeds and interpret scripture based on our common beliefs. To reject the creeds is to reject the rule of Faith which rejects the Apostolic tradition.
Why is Sacred Tradition limited only to the proper interpretation of Scripture? Does this teaching come from Scripture or Tradition? Scripture doesn't describe such a limitation:
1 Corinthians 11:2I praise you for remembering me in everything and for holding to the teachings,[ 11:2 Or traditions] just as I passed them on to you.
2 Thessalonians 2:15
So then, brothers, stand firm and hold to the teachings[ 2:15 Or traditions] we passed on to you, whether by word of mouth or by letter.
2 Thess. 3:6
"Now we command you, brethren, in the name of our Lord Jesus Christ, that you keep away from any brother who is living in idleness and not in accord with the tradition that you received from us."
The Church Fathers on Apostolic Tradition:
Pope Clement I"Then the reverence of the law is chanted, and the grace of the prophets is known, and the faith of the Gospels is established, and the tradition of the apostles is preserved, and the grace of the Church exults" (Letter to the Corinthians 11 [A.D. 80]).
Papias
"Papias [A.D. 120], who is now mentioned by us, affirms that he received the sayings of the apostles from those who accompanied them, and he, moreover, asserts that he heard in person Aristion and the presbyter John. Accordingly, he mentions them frequently by name, and in his writings gives their traditions [concerning Jesus]. . . . [There are] other passages of his in which he relates some miraculous deeds, stating that he acquired the knowledge of them from tradition" (fragment in Eusebius, Church History 3:39 [A.D. 312]).
Eusebius of Caesarea
"At that time [A.D. 150] there flourished in the Church Hegesippus, whom we know from what has gone before, and Dionysius, bishop of Corinth, and another bishop, Pinytus of Crete, and besides these, Philip, and Apollinarius, and Melito, and Musanus, and Modestus, and, finally, Irenaeus. From them has come down to us in writing, the sound and orthodox faith received from tradition" (Church History 4:21).
Irenaeus
"As I said before, the Church, having received this preaching and this faith, although she is disseminated throughout the whole world, yet guarded it, as if she occupied but one house. She likewise believes these things just as if she had but one soul and one and the same heart; and harmoniously she proclaims them and teaches them and hands them down, as if she possessed but one mouth. For, while the languages of the world are diverse, nevertheless, the authority of the tradition is one and the same" (Against Heresies 1:10:2 [A.D. 189]).
"That is why it is surely necessary to avoid them [heretics], while cherishing with the utmost diligence the things pertaining to the Church, and to lay hold of the tradition of truth. . . . What if the apostles had not in fact left writings to us? Would it not be necessary to follow the order of tradition, which was handed down to those to whom they entrusted the churches?" (ibid., 3:4:1).
... "It is possible, then, for everyone in every church, who may wish to know the truth, to contemplate the tradition of the apostles which has been made known throughout the whole world. And we are in a position to enumerate those who were instituted bishops by the apostles and their successors to our own timesmen who neither knew nor taught anything like these heretics rave about.
"But since it would be too long to enumerate in such a volume as this the successions of all the churches, we shall confound all those who, in whatever manner, whether through self-satisfaction or vainglory, or through blindness and wicked opinion, assemble other than where it is proper, by pointing out here the successions of the bishops of the greatest and most ancient church known to all, founded and organized at Rome by the two most glorious apostles, Peter and Paul, that church which has the tradition and the faith which comes down to us after having been announced to men by the apostles.
"With this church, because of its superior origin, all churches must agreethat is, all the faithful in the whole worldand it is in her that the faithful everywhere have maintained the apostolic tradition" (ibid., 3:3:12).
Clement of Alexandria
"Well, they preserving the tradition of the blessed doctrine derived directly from the holy apostles, Peter, James, John, and Paul, the sons receiving it from the father (but few were like the fathers), came by Gods will to us also to deposit those ancestral and apostolic seeds. And well I know that they will exult; I do not mean delighted with this tribute, but solely on account of the preservation of the truth, according as they delivered it. For such a sketch as this, will, I think, be agreeable to a soul desirous of preserving from loss the blessed tradition" (Miscellanies 1:1 [A.D. 208]).
Origen
"Although there are many who believe that they themselves hold to the teachings of Christ, there are yet some among them who think differently from their predecessors. The teaching of the Church has indeed been handed down through an order of succession from the apostles and remains in the churches even to the present time. That alone is to be believed as the truth which is in no way at variance with ecclesiastical and apostolic tradition" (The Fundamental Doctrines 1:2 [A.D. 225]).
Cyprian of Carthage
"[T]he Church is one, and as she is one, cannot be both within and without. For if she is with Novatian, she was not with [Pope] Cornelius. But if she was with Cornelius, who succeeded the bishop Fabian by lawful ordination, and whom, beside the honor of the priesthood the Lord glorified also with martyrdom, Novatian is not in the Church; nor can he be reckoned as a bishop, who, succeeding to no one, and despising the evangelical and apostolic tradition, sprang from himself. For he who has not been ordained in the Church can neither have nor hold to the Church in any way" (Letters 75:3 [A.D. 253]).