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trend catching with NonLagDot indicator 4311 replies

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Attachments: NonLagDot (NLD) EA is Here
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NonLagDot (NLD) EA is Here

  • Post #1
  • Quote
  • First Post: Edited Feb 27, 2016 9:19am Feb 13, 2016 7:41pm | Edited Feb 27, 2016 9:19am

Updated On 02/27/2016



hey hey everyone how are you

i've just finished coding the automated version of Non Lag Dot (NLD) EA

Read more about this Indicator Here

you MUST copy and Paste (nld.ex4) to your MT4 Indicators Folder in order to Run the EA And NonLagDot (NLD) EA v2.5.ex4 to your Experts Folder

The Current General Trading Rules :

Current Version v2.5 *Updated* :

Enter Long when Blue Dot appears , it will open a trade on next candle
Exit according to your SL , TP , BE or even TS or preferred Extra Settings Or When Reversal Dot Appear (Set Exit On Reversal Dot To True)

Enter Short when Red Dot appears , it will open a trade on next candle
Exit according to your SL , TP , BE or even TS or preferred Extra Settings Or When Reversal Dot Appear (Set Exit On Reversal Dot To True)


Advanced Features For Taking Profit & Stop Loss :

[+] You can Close All the Positions if your account is doubled x times (the current Equity is x1 or x2 of your Current Balance)
[+] You can Close All the Positions if open Profits is x in Money
[+] You can Close All the Positions if open Losses is x in Money (don't forget to add the minus symbol (-))
[+] Beside the Regular Trailing Stop , There's a Trailing Stop Activation Feature , This Feature will Active The Trailing Stop if x amount of pips is gained
[+] Exit After x Bars , this feature will help you if you want to Exit after number of Bars (ideal for Daily TF Traders)
[+] now you can set Sell and Buy Magic Numbers
[+] Break Even
[+] Break Even Add pips
[+] Exit On Reversal Signal Trigger (False/True) *New*
[+] One Trade Per Color Change Trigger (False/True). this feature will allow only one trade per color change *New*


Attached Image (click to enlarge)
Click to Enlarge Name: nld2.5.PNG Size: 49 KB


chart view :

Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h4-pepperstone-financial-pty.png Size: 91 KB


Important Notice :

to have best results , try this EA on Renko Chart , the results will amaze you
you MUST copy and Paste (nld.ex4) to your MT4 Indicators Folder in order to Run the EA And NonLagDot (NLD) EA v2.5.ex4 to your Experts Folder

you can't use MM and manual lot size without putting SL/TP
for MM , set lot size to 0
for manual , set Risk to 0

All the ideas and suggestions Are Always more than welcomed

-Tarwada
-Green Pips To All

Attached File
File Type: ex4 nld.ex4   15 KB | 4,348 downloads

Attached File
File Type: ex4 NonLagDot (NLD) EA v2.5.ex4   245 KB | 3,809 downloads | Uploaded Feb 27, 2016 9:12am
Think Twice , Code Once.
Ok my friend - looking your post #1 refering to "Lebaneeses" thread, I think your EA is trading far away from his trading rules. As I understand you use in your code only the NLD indi alone ? That's not enough in my eyes ! Check Lebaneeses thread - his approach require some more filtering !
Quoting DerBerliner
Ok my friend - looking your post #1 refering to "Lebaneeses" thread, I think your EA is trading far away from his trading rules. As I understand you use in your code only the NLD indi alone ? That's not enough in my eyes ! Check Lebaneeses thread - his approach require some more filtering !
I've mentioned that thread just to let people know how this indicator work. if you have any suggestion , kindly share it here
Think Twice , Code Once.
[quote=tarwada;8752411]

"Beside the Regular Trailing Stop , There's a Trailing Stop Activation Feature , This Feature will Active The Trailing Stop if x amount of pips is gained"

Thanks Tarwada.

Can you explain this statement in a bit more detail please?.

Am I right in thinking that if Trailing Stop Activation is 0 and Trailing Stop is 20 then Trailing Stop will activate at +20 pips

But if Trailing Stop Activation is 50 then Stop will only start trailing by 20 after +50 pips?

Cheers.
Ok - so Lebaneeses approach is simply summarized in his first post:
"NonLagDot (20) is only what we need.
Let start: what we need we wait until the indicator change color from red to blue or vice versa, after that we wait first retracement to enter the market with pending order of the break of the retracement candle."
The retracement is an importent point ! The indi catching these retracements is attached in Lebaneeses first post as well.

Anyway it's up to you what strategy you do like to trade in your EA. Who knows - may be it will work even using the one simple nld indi alone ? So post your MFXB link of your forward trading ... let's see what will go on ?
It's Valentine's Day..Maybe I can fall in love with this one..Thanks for the hope in this lonely night.
" Accepting losses is the most important single investment devise "
I believe this EA is based upon Dreamliner's HFT Method and NOT on Mr. Lebaneese's method.

They both use the NLD indicator, but the HFT method is a Long-Term Trend following method whereas Mr. Lebaneese's method is a shorter term catching the Trend with a Basket of pairs. Both are great systems for their respective situation, and I currently use BOTH of them myself.

I know that their is no disrespect intended by the author of the EA, and that he has created this EA after I mentioned that I used a different trigger for Dreamliner's HFT method instead of the 34 SMA that he illustrated his method with. The NLD is much more responsive and I believe it is a better trigger.

Thank you Tarwada for coding the EA.

GREEN pips to one and all.
Quoting DerBerliner
Ok - so Lebaneeses approach is simply summarized in his first post: "NonLagDot (20) is only what we need. Let start: what we need we wait until the indicator change color from red to blue or vice versa, after that we wait first retracement to enter the market with pending order of the break of the retracement candle." The retracement is an importent point ! The indi catching these retracements is attached in Lebaneeses first post as well. Anyway it's up to you what strategy you do like to trade in your EA. Who knows - may be it will work even using...
It is based on Dreamliner's HFT Method that you can read about HERE.

GREEN pips to you Good Sir.
so does this EA pyramid winning positions like the HFT ea/system? if so then it is the ea NLD variation of HFT, if not then it is neither HFT trading variant nor is it strictly ea of 'trend catching with nld', but rather its own system.

tarwada, if this is meant to emulate the 'trend catching with nld' system, please can you add the entry after retracement option, many thanks



Quoting SmoothTrader
I believe this EA is based upon Dreamliner's HFT Method and NOT on Mr. Lebaneese's method. They both use the NLD indicator, but the HFT method is a Long-Term Trend following method whereas Mr. Lebaneese's method is a shorter term catching the Trend with a Basket of pairs. Both are great systems for their respective situation, and I currently use BOTH of them myself. I know that their is no disrespect intended by the author of the EA, and that he has created this EA after I mentioned that I used a different trigger for Dreamliner's HFT method instead...
Does this have the stacking feature from HFT?
when testing it is giving me a order areas in back tester any suggestions
Here is my suggestion using the NLD why not institute a grid of of orders going down say every twenty pips in the direction of the color. This would capture more of the move in the beginning and ensure alot of the losers at the end are cut short. When the NLD close all orders and start the other direction. Only one order at each point of the grid.

Any thoughts?
Quoting SmoothTrader
I believe this EA is based upon Dreamliner's HFT Method and NOT on Mr. Lebaneese's method. They both use the NLD indicator, but the HFT method is a Long-Term Trend following method whereas Mr. Lebaneese's method is a shorter term catching the Trend with a Basket of pairs. Both are great systems for their respective situation, and I currently use BOTH of them myself. I know that their is no disrespect intended by the author of the EA, and that he has created this EA after I mentioned that I used a different trigger for Dreamliner's HFT method instead...
Hmmm ... ok, I see.
But your suggestion sounds a bit confusing bcz the same member tarwada posted here: http://www.forexfactory.com/showthread.php?t=578562 an EA especially for the "HFT" very recently. Some clarification is needed.
[quote=krismitt;8752430]
Quoting tarwada
"Beside the Regular Trailing Stop , There's a Trailing Stop Activation Feature , This Feature will Active The Trailing Stop if x amount of pips is gained" Thanks Tarwada. Can you explain this statement in a bit more detail please?. Am I right in thinking that if Trailing Stop Activation is 0 and Trailing Stop is 20 then Trailing Stop will activate at +20 pips But if Trailing Stop Activation is 50 then Stop will only start trailing by 20 after +50 pips? Cheers.
if trailing stop is 10 :once the trade is in profit the stop will follow the price by 10 pipsif Trailing stop is 10 and the activation is 20then the stop will follow the price by 10 pips when 20 pips is in profit
Think Twice , Code Once.
Quoting Alovesvpreme
Does this have the stacking feature from HFT?
no , this EA opens 2 trades at maximum (1long and 1 short)
Think Twice , Code Once.
Quoting tarwada
{quote} no , this EA opens 2 trades at maximum (1long and 1 short)
I am puzzled as to why you would post about this in the HFT thread when it has nothing to do with the strategy.

I really cant see this EA standing a chance without the stacking and the risk management concepts expressed in the HFT thread. ( I know because I have already commissioned someone to code this exact strategy for me when I was learning to trade... waste of money)
Hi,

Thanks for the EA.
What do you do when there are consecutive changes in the indicator? Does it closes all the trades and open an opposite trade? Open another trade (hedge)?


Thanks.
  • Post #18
  • Quote
  • Edited at 7:07am Feb 14, 2016 6:52am | Edited at 7:07am
Thank you tarwada throughout dedication. Congratulations!!!
I know that if we start to give suggestions the Experts will be full of new tools, but would like to make 02 proposals to add the EA NLD.
1st) Place a line of day opening price. EA turn sell entries, only if price is below the opening and EA turn buy only if price is above the opening price.
2nd) We know that the price much respects the pivots. I'm leaving a window where we can leave Pivots 03 lines, 03 days and 03 resistors daily holders. (D1, W1, MN. DR1, DR2, DR3, DS1, DS2, DS3). NOT TO DO IN A 06 PIPS AGAINST THESE AREAS.
This is just a suggestion, because I know that is a lot of work and has devoted too much time.
NOTE: I will be doing tests this week with EA NLD in M15 with a TP of only 05 pips.
I'm leaving the D1 opening line indicator and an Auto pivot.
God protect you tarwada
Attached Files
File Type: ex4 ###Auto Pivot2.ex4   23 KB | 463 downloads
File Type: mq4 ###Auto Pivot2.mq4   16 KB | 484 downloads
File Type: mq4 Daily open line.mq4   2 KB | 473 downloads
File Type: ex4 Daily open line.ex4   7 KB | 418 downloads
Hi! nice work this ea i run now many tests.
can u insert in ea exponential moving avrage filter, what can turn off and on.
in my test run i see if have 120 ma filter ignore wrong buys.
i thik ithis if nonlagdot < than ma 120 only search for seell if nonlagdot > than 120 ma only buys
thx.
Attached Image (click to enlarge)
Click to Enlarge Name: test.jpg Size: 533 KB
Quoting wrapocs
Hi! nice work this ea i run now many tests. can u insert in ea exponential moving avrage filter, what can turn off and on. in my test run i see if have 120 ma filter ignore wrong buys. i thik ithis if nonlagdot < than ma 120 only search for seell if nonlagdot > than 120 ma only buys thx. {image}
Probably, make sence.
Working,to be the best !
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