Thanks qz10cq! 
Paper traded the alert version of the nonlagdots indicator today, and it did an amazing job!!!
Just stay out of sideways consolidation periods (constricted bollingers).
Definitely worth looking at!
If anyone wants the alert version I'll post it.
r8 had 6 trades for a total of -50 pips.
r9 had one trade for a total of +1 pip.
Just stay out of sideways consolidation periods (constricted bollingers).
Definitely worth looking at!
If anyone wants the alert version I'll post it.
r8 had 6 trades for a total of -50 pips.
r9 had one trade for a total of +1 pip.
- #433
- Edited 6:30pm Apr 9, 2009 6:18pm | Edited 6:30pm
- | Joined May 2008 | Status: Trader | 354 Posts
And Siobi, since you are a coder, you may find the following interesting:
http://www.forex-tsd.com/expert-advi...-kuskus-i.html
Edit: Just read the last page and it seems it died on the vine, although it had a good run when you look at the forward test they did. I still like the above indicator. It helps me to stay in the trend without getting out too soon, like I usually do. ...Today anyway.
http://www.forex-tsd.com/expert-advi...-kuskus-i.html
Edit: Just read the last page and it seems it died on the vine, although it had a good run when you look at the forward test they did. I still like the above indicator. It helps me to stay in the trend without getting out too soon, like I usually do. ...Today anyway.
Great System, siobi !! and thank you for sharing for free
Here is something I discover:
When I add Langueree Indicator into the chart I notice that almost all the big moves occur in the Overbought(LG>0.8) and Oversold(LG<0.2)area
The big Down/Up move tend to be the last down/up move that make the LG leave the overbought/oversold) area. Those moves tend to last for 100-200pips with down risks around 35 pips, thus they have an excellent risk/reward ratio.
if we can locate these "last wave" we can find the ultimate low risk/ high probability profit opports. I have tried several indicators but still with no good results
here is some pics and the LG indicator, set as following:
gamma = 0.9
countbars= 950000
Any ideas?
Here is something I discover:
When I add Langueree Indicator into the chart I notice that almost all the big moves occur in the Overbought(LG>0.8) and Oversold(LG<0.2)area
The big Down/Up move tend to be the last down/up move that make the LG leave the overbought/oversold) area. Those moves tend to last for 100-200pips with down risks around 35 pips, thus they have an excellent risk/reward ratio.
if we can locate these "last wave" we can find the ultimate low risk/ high probability profit opports. I have tried several indicators but still with no good results
here is some pics and the LG indicator, set as following:
gamma = 0.9
countbars= 950000
Any ideas?
