DislikedA nice long entry on cadjpy. Took out 40 pips. Entered the trade and left 2 watch a movie. Came back and saw a reward, reward 4 patience and obedience. That's what u need 2 trade this system. NFP week, B cautious.Ignored
Thanks
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Trend Follower System Programming 4 replies
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DislikedA nice long entry on cadjpy. Took out 40 pips. Entered the trade and left 2 watch a movie. Came back and saw a reward, reward 4 patience and obedience. That's what u need 2 trade this system. NFP week, B cautious.Ignored
DislikedOn Money management, there are many ebooks to solve that for u. Finally it's a personal decision u may want 2(%) make. It becomes an instinctive pschological decision, distinct 4(%) every1(%).Ignored
DislikedFirst of all, I'd like to thank TheWicker for what looks like a great system !
I have a question re. the Laguerre input settings. When going through the whole thread, I came across this remark by JimDandy:
http://www.forexfactory.com/showpost...&postcount=198
"I checked the imput settings on the Lageurre, .66 and 9500. I checked on the computer with the bad signal. It was set on .7 and 950. I changed it to .66 and it drew a perfect Signal also. Ive never looked at the settings before now."
.7/950 are the standard settings.
What are the correct settings ?
.7/950 ?
.66/950 ?
.66/9500 ?
something else ?
Thanks in advance for looking into this !Ignored
DislikedNFP - Changes in non-farm payrolls Department of Labor; The first Friday of each month, 8:30am EST, covers previous month data
The data intended to represent changes in the total number of paid U.S. workers of any business, excluding the following:
- general government employees;
- private household employees;
- employees of nonprofit organizations that provide assistance to individuals;
- farm employees.
The total non-farm payroll accounts for approximately 80% of the workers who produce the entire gross domestic product of the United States and is used to assist government policy makers and economists determine the current state of the economy and predict future levels of economic activity. It is a very big market mover mainly due to the high deviations in the forecasting.Ignored
DislikedOn page 1, you can go to the Wicker's blog for the original laguerre indicator.
To avoid the rigors involved in downloading the custom indicators there, post #15 on page 1 gives u direct access. The laguerre indicator has 0.7/950 as the setting. This is even the standard setting I've seen elsewhere.
Hope this helpsIgnored
DislikedJust download the template and indicators HERE FROM THIS ORIGINAL BLOG and you will have the laguerre indicator, with correct settings. There are many modifications spread around the internet about this system or the indicator itself. You can avoid this easily by downloading it here.
What matters are the gamma settings. Those are set to 0.66! The standard laguerre is set to 0.7, but those 0.4 points can make a difference many times!Ignored
DislikedWicker,
Now I'm completely confused. Could you tell me which is the correct Gamma setting for this system: 0.7 or 0.66?
ThanksIgnored
Dislikedwhat am i doing wrong? i have set up everything as meant to be, and Laguerre at 0.66 as per Wicker and ave been watching just eurusd to get a feel, I havent seen a single valid signal in days, which is great when choppy but here is my Pic from Jan 28th where we saw a great trending day and yet Laguerre never went below .15 so i didnt get a long signal....is this correct, if so when was last signal on Euro?Ignored
Disliked0.66
0.7 is the standard setting (Mt4)
count bars not so important, I've got it at 95000; standard setting is 950
Confusion is over.
Make sure that you change both Laguerre settings in case you use the Basic template from post #1168
Hope that helps.Ignored
Disliked0.66
0.7 is the standard setting (Mt4)
count bars not so important, I've got it at 95000; standard setting is 950
Confusion is over.Ignored