LOHAD Scalping system looking for V2.0

That is a picture of the hourly chart

We watch the pivots on the daily, when the two MA cross and ZZ is new direction, the PSar has changed We see where the next pivot is to go to

Watch the 1h or 4h retracement.

Leave an EA to enter on PSAR CHANGED TO THAT DIRECITON of the Daily when the 1h change Psar back to that direction

If is going down like on the chart now, it pulls back, we leave EA to go in the short position when PSar changs back

We put in 5 orders at the same price.

We are trying to see if an ea will take profit of 1 each order at 50 pip inccrement

Right now we hand load OZFX Short or Long manually- it load sthe five independent orders all at the same price. We have a BE in a VPS using the Swiss ARmy EA to break even at 50 pips on all five. You are trading free after the first 50 pips. You want to see that you have at least 50 pips to get before the next pivot line below or above where you ma's turn on the day chart.

We are trying to automate the 5 entries. The guy who made the Ea just doesn/t want to I guess. He made it a couple of years ago. We are trying an EA for entry on the psar and slope direction line olnly.. We are putting it on the 1h when we see the direction of the PSar on the Daily.

Then another EA to scive off the orders and BE. We ultimately will try at least to get an ea for the Psar and Slope to enter the five orders. The fifth one we let ride out the move. We take 50 100 150 200 to equal 500 pips, then let the fifth one run with a TS

We are still learning and trying out some things.

Bye

Hi, SusanD

you may want to replace Slope Direction Line V2 to signal line.mq4

Hey SusanD,

I REALLY like what you did with the QQE and BBMacd. You have me scratching my head now.....

Thanks for sharing!

Lohad

Thank you for the Slope, I will look at it. There are three or so versions of it around so far.

We Take the Daily direction of the Psar, then each candle will trade a matching move on the 1h or 4h or both at the dame time, giving you a full compliment of the 5 orders.

After you watch this between these charts, you can begin to see the market march when it is going with the match of the daily, it has one move the opposite direction on the hourly and then goes with the daily, if weekly is going in the same direction, then the moves are much bigger when they happen.

We trade each daily candle in that direction on the 1h or 4h. If you get a full compliment of 500 plus the runner on mostly every candle in the PSAR , you make money.

Drawbacks are, if you work, you cannot see the change on the lower charts, I have been trying to drive an Ea that only gets you in on the Direction of the Daily on the 1h on the PSAR and the Slope.

I am trying another EA that I have in a VPS, that only manages the trade and skives off the orders. Another EA in the VPS brings all orders to BE. We keep them in the VPS to avoid Problems with computer or line crashes.

If you want to know more, I will tell you what we are doing as we go along. I so not work. Except at this.

Hey guys,

Anyone that I sent the beta version to, is anyone having issues opening my zip file? I know one person did have an issue so I had to send the files in two emails.

If anyone has used it all today? If so, please e-mail me any feedback. Today was tough for me on M1 but really nice for me scalping on M5

Lohad

Hey testers,

I threw the 50SMA back on. Just for guidance.

Thanks,

Lohad

allergies, fasting, sleeping them off... feels like my head is under water.
trading and beta testing on hold..
jiva

Hey Traders,

Well there has been a little revival in this thread.

I have been away for the most part lately for a couple of reasons. I have been working on this new version, and also my other business has picked up lately, so therefore taking time away from my trading.

During this time I have come up with a new addition to this system. I have tested this under a forward testing basis on a live account. There has been little back testing done on this, for I prefer forward testing to include as much as the real emotions and other variables that are associated in live trading.

I am releasing this to the thread to share with everyone. I am looking for input or just some good trading discussion. I am releasing this under the pretense that my trading and my other businesses are number one priority, and I will assist and answer questions as time permits me. I hope this does not sound crude, but I am just being honest.

I welcome tweeks and changes to this system, however, I cannot commit that I will use them all. I am comfortable with the way the system is now, and I personally do not look to modifying it for my personal trading, but I do welcome input and ideas as usual. We have a lot of good traders out there that can offer a lot of valuable different techniques, and I welcome the sharing.

I am looking to create a "co-op" type of situation here. I am not looking to be the leader here on this thread. I will freely offer my ideas in this thread, and I will try to keep this thread relevant to trading this style, and offer any new techniques that I may find.

The only duty I will hold on to in this thread is keeping it clean, and the thread somewhat relevant to the LOHAD trading technique. As creator of this thread, I will hold the right to keep this thread clean and respectful with the means that I have.

I will still attend the chat room as time permits. I will say that I am implementing more 5 minute trading with this style so there maybe some more time available for me to attend the chatroom.

So with that being said, I am releasing the two different templates I am using for this system. With all of the indicators it will be two posts here to get all of the information needed.

I can say that I am using LOHAD V3 Beta B more then A.

So take a look and offer up any insight you see fit.

Happy trading!

Brandon (Lohad)

Here are the two templates.

Go bag some pips!

Brandon

Brandon,

Deep thanks for all you have done in sharing and developing this thread. I have downloaded your beta B system and started using it on demo on 5 minute chart when it is in sync with higher time frame.

I appreciate your perserverance in developing the lohad and taking it to new levels. Thanks again

Hey Stillpoint!

Welcome to the thread. I hope you find this system successful. Please feel free to ask any question on here. Thanks for giving this a try, and thank you for the kind words. Let's go get them pips!

Brandon

Traders,

Take a look at this. One of the initial beta testers came up with adding another BBMacd. I am not sure if this was his intention, but I laid another BBMacd on top of the original one with the setting of 8/17/8/.5

I watched this in action and it does give a good warning and another exit strat.

Let us know what you think.

Brandon

Hi Lohad,

Thought I post a +10 winner. I entered a bit early. Was too scared to hold on for the rest of the ride down because I don't really feel that this system has a confident exit strategy. However, I'm grateful for the pips.

Thanks,
revrobwimb

Lately I have been using the MaxNonLAg MA as my exit strat. However I have been using the additional BBMacd as I posted last night, I use it to read for exits and has worked really well for me today!

Thanks,

Brandon

Took 3 more during US session for a total of +65. Im done.

Thanks again,
revrobwimb

Nice day of trading!

Those were nice entries. Does that second BBMacd seem to help in conjunction with the MaxNonLagMA? It seems to be helping me out.

Brandon

Hi foks

I use Lohad system on live account and good results buy i have some lost trade and i dont know TP and SL.

I have 250 $ and i play with 1 pip=1 $ but i dont know TP and SL i play
TP=5 SL=5,please help with TP and SL



Best regards,
Petar

Hi Petar Serbia!

Welcome to the thread! I am glad you are having some success with the system.

If you read the documentation that was posted with the latest version, you will see that I try to stick with a 5+ spread for SL. However there are several different exit strategies that you could use depending on your appetite for risk. TP is also a judgment by the trader. There are also several different TP strategies that are illustrated in the documentation. Remember this is primarily designed to be a scalping system, however I have been finding that tihs can be useful for longer intra day trades as well. But a take profit of 10 is ideal as well.

Personally Petar, I think you are trading to much money for the account size, but that is just me. I am not one to tell anyone how to handle their money, but trading $1.00/Pip on a $250 account is too aggressive for my taste.

Please feel free to ask more questions.

Thanks,

Brandon

can't seem to get enough time in.
Love trading. Not very successful, but determined...
Am finally developing an appreciation for BBMACD. And using smarter money management. Not able to keep up with all the newer and newer and innovations here in LOHAD. But little by little assimilating. Have strayed a bit to other threads. Yikes information overload.
Am honing skills. Put a 10 pip stop in. That's it. If stops out. Move on. Minimum profit target 20 pips. Good entry essential.
This discipline of taking the loss at 10 pips is very important. Risking 10 to make 20 is a serious discipline. Not so easy. Temptation to stretch things a bit. Oh it's gonna turn around and go my way... meanwhile 50 pips or more later still waiting for it to turn around. Uh, uh. No good. take the 10 pip loss and move on.
Sharpen entry skills.
tough day, eurusd meandered endlessly... in sync with US stocks...
I'm using a mix of indicators and signals, older versions...
jiva...
one trade that went very right.... from planning to completion, gave me some hope that I can get better at this....

hey lohad just starting your new version let you know how it works out