My second lot of USD/JPY was closed @ 116.73 (P/L : +64 PIPS)
Unzip the files and put them into your experts/indicators/ directory. That should fix your problem.
Hope this helps.
I'm going to take a look at the stoch indicator with this method - thanks.
I do not know what the problem is, the file goes straight to Meta Editor, I can compile it without any errors, but it does not give me the option to unzip it, however it does not appear in the list of custom indicators.
Could you post your setup details and picture ?
This method looks promising on the 4H Chart.
I have 3 questions:
1) Do you wait until the bar is finished to enter a trade?
2) Which currency pairs are you trading?
3) How do you handle news?
I have all of them now. The only difference is that the NonLag is yellow all the way as opposed to be in 3 colours.
Should we get the arrows on the chart as seen in your chart image? I do not have any arrows either
tlatomi with stoch
by adding more value such as the stoch indicator into the trading system, the green pips is almost certain...sumtime when i see the signal and execute a position, i already smilling for victory..that how sure i am about using tlatomi with stoch...hope someone may have a feedback on that...if you notice that the stoch is not a lagging indicator...so we could save time and make more pips confidently..
do you think that the sniper is quite deceiving in term of giving the signal..from observation the sniper indicator is very sensitive toward the market changes and causing me alot of doubt to enter a trade...do you have a better tweak or setting for this particular indicator.
just my 0.02..
Live Trades and Stops
Hi. Are these live trade results? Also the losses are very small and impressive. Where do you determine your stops? If you put them below the last lowest or highest candle (depending on whether you are going long or short) the loss would be more significant. If you are just entering on the red or blue dot then it seems the stop could be set tighter. If you are waiting for all three indicators then it seems the stop would be have to be set deeper. Stop suggestions please?
as for me, i have two way for exit...
a) look at the previous minor/major high/low
b) look at the pivot Support and resistence area as the target profit or exit..
p/s im not good with the exit strategy...lol..
1) Yes, i wait until the bar is finished to enter a trade.
2) Right now, i'm trading EUR/USD - GBP/USD - GBP/JPY - USD/JPY - USD-CHF
3) I don't trade during big news (the red ones on the calendar) - and avoid the market if i don't see a trend (to determine if there's a trend or not, i use an indicator called alligator)
Hope this helps.
I don't use anymore the NonLag indicator for this method but if you still want to use it, the right parameters are available on the first pages of this thread - i replace it with the Ma cross (the arrows come from the ma cross indicator).
Personaly, i'm quite happy with the sniper in 4H but that's only me.
My parameters for the sniper are :
pq : 4
trigger : 4
Hope this helps.
What setting do you use for the alligator?
To answer your questions :
1) Yes - these are live trade results.
2) To determine my stops, i'm very visual. As you can see on the chart below : for this trade, i choose to put my stop just below the lowest bar at 115.56 because it was the lowest nearest bar but also because one of the vegas lines was almost at the same level.
I'm always waiting for the three signal - in general but it's not a rule : my stop will be between 40 pips and 80 pips
My settings are :
If I am understanding this right the GBP/USD is giving us a signal right now. The only thing we would be waiting for is the non lag to give us a yellow line based on the closing of the next candle. The FX sniper is just barely crossing up but because volatility is low this would be expected.
AM I understanding this right?
I don't use the Nonlag anymore.
What MA's are you using? and are they exponential?
Orange MA : 5 Expo - close
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