Andrew Forex Trading System

Hi everyone!! Im trying to use the Andrew Forex strategy (Brilliant work by the way Andrew) but i cannot for the life of me get the nonlagdot indicator to work ive downloaded the peperclip at the top right hand corner of the screen and the file is on my desktop but i dont know how to open / unzip it and where i place the file to use it on my trading platform which is ETX Capital. Any advice would be greatly appriciated!! Thanks.
Happy trading..... Dont be loose!!!

Save the indicatore to local disk C/program files/ name of your broke MTF/experts/indicators
Restart the MT4 platform and look at custom indicatores it should be there.
Sasa

Thankyou very much for your reply sasa but i use a web based platform so i have no files on my computer regarding my broker you see, so there is no-where to save the file. Should i use another platform for the charts?? Can i ask which one you use then just execute m trades on my web based platform?? Thanks rich

Hi Andrew,
Great system. I've been looking for something based on Supertrend for a while, but that will avoid fakeouts, and your entry criteria using pending orders below the initial spike certainly makes alot of sense.

I have one question in regard to the indicators.

1. Nonlagdot - As i would like to know what the indicators are doing...I'm finding it hard to figure out exactly how it is calculated....have tried googleing...but can't really find out much. Does anyone have any overview on the basis of this indicator?

2. Supertrend. Your version of Supertrend seems slightly different from others i've seen. Mainly, there is no option to change the ATR deviation or lookback period....also, when the trend changes, you don't get the big deviation in the line from green to red - only the colour changes. Again, is there any information about this version of Supertrend?

Overall a great system. I've found that I need something at least partially mechanical....systems that are too discretionary get me into trouble! and it's simple!

Cheers from oz

Seb

It is based on this indicator except it is showing dots not a solid or dashed line: you can find it in this thread http://www.forexfactory.com/showthread.php?t=202556

Hi everyone!! Ive joined metatrader platform and have managed to save the nonlagdot & supertrend indicators in the right folders and got them on my platform (thanks seb).

Im just struggling to get the settings right on both the indicators so they correspond exactly with andrew forex system,
could anyone help regarding how the indicators need to be set up ie to make them non lagging.

So when im on my charts and go to insert, indicators, custom, then click on supertrend or nonlagdot there is a box that comes up with different settings for the chosen indictor.

Does anyone know what these settings need to be set at to correspond with andrews forex system?!?!

Any responses would be greatly appriciated!!!

Thanks rich!

Hi,

I just installed using the defaults, besides nothing to mess with on the Supertrend.

On the Nonlagdots:

Price: 0 is default = current time frame could also be 15/30/60/240
Length: How long the MA (default is 20, OK for most)
Displacement and Deviation also refer to modifying the MA (beyond me)

Happy trading

Andrew, thanks for your great system and explanation, bravo

Apparently I cannot leave anything alone and must tinker

It would seem you have helped allot with my entries, only time will tell.


Thanks.

Andrew
Where are you my friend?
Once again thanks for the great systems i have now used both systems,which are working very well,however i find the aggressive system best for me lets me get into the trades a little earlier,and from my tests with the same risk as the regular system,the power tool here is the super trend line.
I am using to other simple indi,s just to confirm entry and exit but once again a good week last week.
Regards
P.S Keep it simple!

Hi qprfc,

You mentioned 'both' systems and an aggressive system. I only saw one system. Is there a post that I missed ???


Thanks.

Page 12; Post #171, Andrew's Agressive Method.

Great, thanks.

Haven't seen the author post here for a few weeks? Is Andrew still around and using this system? Would be keen to see how/what trades he has taken the last few weeks.

Thanks Indrek..... great MTF indy.

Cheers!

Great system Andrew. I am following this thread! Hope to get more news about it from you and others. Thanks and cheers!

Hi, friends! Last days the market is mainly in an indefinite movement on a 4-hour timeframe. It is very important to follow strictly the trading system rules and especially the money management principles in every time.
So, there are some profitable trades.

Good to see u again Andrew

Could u help us and show some of previous signals that did not work and why u did not take these signals ?
How avoid fake signals ?

example as shown :

Hi, oleevier! In your case the entry order could be placed on the previous rebounce before that rapid and short growth of the price (because the blue dot of the Nonlagdot was on the Supertrend line at that time and the local up trend has been finished its forming).
As I said earlier, one should try to place tight stop-loss orders in such market situation when the price goes out rapidly far away from the Supertrend line. Also the proper money management should be taken into consideration in every time of trading.

N.B. After a short retracement a USDJPY keeps good profitable trending up still on a 4-hour timeframe.

Just started reading this system thread this past week. Caught up now and was just wondering if I missed Swingman's latest indi, or if in fact it hasn't posted yet. By the way, THANKS, ANDREW !!!!!

Hi Andrew,thanks for sharing your system.
I've found the latest version of supertrend by Jason Robinson (jnrtrading)