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Lazy trading

  • #461
  • May 6, 2019 5:17am May 6, 2019 5:17am
Quoting since80808
{quote} -> {quote}
Yes would go with that.
  • #462
  • May 6, 2019 5:22am May 6, 2019 5:22am
Quoting santos23
all you have to do in this system is enter at the last colour bar..and still theres confusion
There was confusion 4 years ago about which bar was the closed /closing bar my setting is zero not -1 on the NL
Each to there own on that.
  • #463
  • May 6, 2019 6:00am May 6, 2019 6:00am
Quoting rglenn
{quote} I am not as smart as most people but I think it would be easier to remove the -1 displacement and just state use current opening bar or previous closed bar. Am I missing something?
thank you for your comment Kaylan and since!

but here is the point i am still not sure.

should we use the current open bar (COB) as a signal trigger (which repaints)? or the previous closed bar (PCB)?
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  • #464
  • May 6, 2019 6:13am May 6, 2019 6:13am
The rules are not cast in stone! use whatever you feel works best for you.
I use -1, Kaylan uses 0.
It's horse's for courses
From tiny pips mighty oaks grow
  • #465
  • May 6, 2019 6:16am May 6, 2019 6:16am
Quoting Boo15
The rules are not cast in stone! use whatever you feel works best for you. I use -1, Kaylan uses 0. It's horse's for courses
that is not my question. if its -1 or 0...it really doesnt matter. i know that;-)

my question is: should we use the current open bar (COB) as a signal trigger, which repaints? or the previous closed bar (PCB), which doesnt repaint?
Attached Image (click to enlarge)
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  • #466
  • May 6, 2019 7:32am May 6, 2019 7:32am
Quoting yag
{quote} that is not my question. if its -1 or 0...it really doesnt matter. i know that;-) my question is: should we use the current open bar (COB) as a signal trigger, which repaints? or the previous closed bar (PCB), which doesnt repaint? {image}
I can appreciate your frustration wanting a black and or white answer so you know how to trade.

The thread originator ComoxBluejay tried to answer your question as below.

[quote=ComoxBluejay;7809653] I don't wait for anything to 'Match up'. Just trade in the direction of the last bar painted by the NonLagMA.

In my opinion

I take that to mean the current bar (which may repaint)

I do tend to agree with this, as the previous closed bar is historical and therefore lagging. It is supposed to be a Non lagging indicator therefore you can only use the latest bar as your indicator

It is not a precise mechanical system therefore common sense must be used along with the indicators you use.

As Boo15 says It's horse's for courses whatever works for you.

hope that helps.
  • #467
  • May 6, 2019 7:35am May 6, 2019 7:35am
It works for me.
Hit my target for today.
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  • #468
  • May 6, 2019 7:38am May 6, 2019 7:38am
You will notice I had a small loss.
this was due to trying a defective EA on the system (Not yours Boo15)
It opened and closed two trades with in one second each (see chart below)

I have blanked out some trades using different pairs as they are not results for the Lazy trading method.
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  • #469
  • May 6, 2019 7:45am May 6, 2019 7:45am
Quoting yag
{quote} that is not my question. if its -1 or 0...it really doesnt matter. i know that;-) my question is: should we use the current open bar (COB) as a signal trigger, which repaints? or the previous closed bar (PCB), which doesnt repaint? {image}
As a matter of interest yag, did you take the trade on the line chart as a buy? and did it hit your TP and get green pips?
  • #470
  • May 6, 2019 9:07am May 6, 2019 9:07am
Forgot my 10am trade was still running when I posted todays results.
Now closed to boost my profit for today a bit more.
All finished for the day now.
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  • #471
  • May 6, 2019 10:36am May 6, 2019 10:36am
Quoting Kaylan
{quote} I can appreciate your frustration wanting a black and or white answer so you know how to trade. The thread originator ComoxBluejay tried to answer your question as below.
Quoting ComoxBluejay
I don't wait for anything to 'Match up'. Just trade in the direction of the last bar painted by the NonLagMA. In my opinion I take that to mean the current bar (which may repaint) I do tend to agree with this, as the previous closed bar is historical and therefore lagging. It is supposed to be a Non lagging indicator therefore you can only use
...
thank you for your detailed answer. i actually understand a lot better now and i realize that "non lagging" means fresh, but there is a discretionary part in it. and that's where the advantage of this system lies.
i will, as i have done so far, use all my knowledge i have gained over the past years. in any case, this "non lagging" indicator is a great help.
  • #472
  • May 6, 2019 10:39am May 6, 2019 10:39am
Quoting Kaylan
{quote} As a matter of interest yag, did you take the trade on the line chart as a buy? and did it hit your TP and get green pips?
i got out with a discretionary decision and took a -1 pip loss.
  • #473
  • May 6, 2019 10:46am May 6, 2019 10:46am
Quoting Kaylan
You will notice I had a small loss. this was due to trying a defective EA on the system (Not yours Boo15) It opened and closed two trades with in one second each (see chart below)
HoHo, I tried it on another method today and it works quite well, just remember to change the parameters for each pair!
From tiny pips mighty oaks grow
  • #474
  • May 6, 2019 1:01pm May 6, 2019 1:01pm
Quoting yag
{quote} thank you for your comment Kaylan and since! but here is the point i am still not sure. should we use the current open bar (COB) as a signal trigger (which repaints)? or the previous closed bar (PCB)? {image}
If Displace=0, then you use previous bar
Just an opinion. Based on research
  • #475
  • May 6, 2019 1:08pm May 6, 2019 1:08pm
Bad day for lazy method today, as I can see at GU
Just an opinion. Based on research
  • #476
  • May 6, 2019 1:14pm May 6, 2019 1:14pm
Quoting since80808
{quote} If Displace=0, then you use previous bar
NL = 0
Attached Image (click to enlarge)
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NL = -1
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From tiny pips mighty oaks grow
  • #477
  • May 6, 2019 2:52pm May 6, 2019 2:52pm
Quoting Boo15
{quote} NL = 0 {image} NL = -1 {image}
Yes, The bars are the same just moved to the left
Attached Image
  • #478
  • May 7, 2019 3:06am May 7, 2019 3:06am
Todays first 5 pip profit
Using common sense to overrule the NL indicator
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  • #479
  • May 7, 2019 3:09am May 7, 2019 3:09am
I took the 9 am trade before the hour, which was against the rules.
But sometimes when things look right you have to bend the rules.

Come 9am and the trade rules were there.
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  • #480
  • May 7, 2019 4:33am May 7, 2019 4:33am
Quoting Kaylan
Todays first 5 pip profit Using common sense to overrule the NL indicator {image} {image}
of course, also your nice indicator with the arrows was indicating nearly all timeframes are bearish. good trade!
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