Laguerre Envelopes Using weekly, daily, 4hr ,1hr, 15min

Hi,

Since its the beginning of a new year. I wanted to start a new thread with a new idea for a system/strategy.

Its simple:


Buy: 1) Look for the weekly candle to be closed above the Laguerre envelopes(top line)

2) Look for the Daily candle to be closed above the Laguerre envelopes(top line)

3) Look for the 4 hr candle to be closed above the Laguerre envelopes (top line)
4) Look for the 1hr candle to be closed above the laguerre
5) Look for the 15 min candle to be closed above laguerre
6) Enter long(%risk is up to you)
7) SL --->below the latest low below laguerre on 15min.

6) TP---> when price reaches 1xSL bring to breakeven plus 5 pips. When price reaches 2xSL close trade.
7) Once you are out of the trade Look for weekly, daily, 4hr to be still above Laguerre. If they are all still above. Wait for 1hr to go below laguerre and than back up again(all week,daily,4hr should still be above at this point). Than look for 15 min to be above laguerre. Rinse and repeat above rules.

Note: I said in the 15 min chart below if 1hr goes below laguerre normally we would exit if we were not in profit. So if we do close trade when 1hr goes below laguerre we just look for the same conditions again from top down and reentter trade.

Please include the indicators.

Here is the laguerre indi. The ATR is included in mt4.

I will change rules of SL entry etc.

Look for latest updates from the first post.

The closest to a live trade is EURCHF.

Weekly is below laguerre, Daily is below Laguerre,
4hr is about to close below

Most probably 1hr and 15 min will be below once 4hr goes below.

There are a lot of potential trades most of them are yen pairs.

For example EURJPY weekly , daily and 4hr are below but its pulling back after that flash crash so I'm not sure thats why I didnt post.

So wait for 1hr to go below. and so on.

I would appreciate it if someone can find Laguerre with push alerts.

Here is AUDCAD

EVERYTHING IS BELOW LAGUERRE EXCEPT 1HR

WAITING FOR 1HR TO CLOSE BELOW.

Eurchf

everything is below laguerre except 4hr

waiting 4 hr to close below. This should be at 9 pm eastern

my broker is weird so dunno exactly either 9 or 10

Here are all the possible trades upcoming

a lot of yen pairs to trade so just take a trade on one of those,not to risk more than you should.

I would pick the one that is best as far as currency strength goes.

Again if anyone has a Laguerre with alerts post here plz.

Another possible upcoming trade:

Nzdusd

Weekly closed barely above Laguerre last week. It gapped up today.

Wait for Daily to close above .

Here is my first trade:

Not too hopefull I dont know why i didnt see it before.

Usdcfh sell

SL 80 pips

hello hipra68 you can send the file Laguerre Envelopes (1) .ex4 it does not work in the mt4 section of my, thank you, good health!

Search mt4 market

select free and type laguerre in the search field

thats where I downloaded it from.

I took this trade now, USDJPY SELL the 1hr has not closed below yet but it looks like it will

so i went to 15min and used latest high above laguerre as SL thats roughly 60 pips

And sold .

I have to goto sleep so I took the trade.

Eurjpy , chfjpy are almost there for entry. If you are interested follow them.

Well usdjpy never closed below 1hr. LOL

But i'm in the trade still, hoping.

Usdchf is in 20 pips plus.

EURCHF being stubborn wont close below the 4hr

just for safety maybe we should stay away from the pairs that were involved in the flash crash.

Looks like they all have a nice pinbar going against the system.

CADCHF is looking good, only the 4 hr is above Laguerre.