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Part 2 EURUSD Trend magic System

  • #341
  • Dec 2, 2010 1:16pm Dec 2, 2010 1:16pm
Quoting CanuckCT
Care to post a chart?
Cheers
CanuckCT
Hi canuc, sorry i did not reply to you but game has replied.

I have been using non lag dot indicator and supertrend very successfully.

I enter long once i see non lag dot changing colour from red to blue. Take profit 10 pips stop loss previous swing low. Almost 10 pips stop loss. It works perfect.Vice versa for short.

But as this author of thread has said, when trend magic line is showing "long" and non lag dot shows blue, you can take more pips, not 10 pips. Just try it out. all the best.
Intraday only.
  • #342
  • Dec 2, 2010 6:23pm Dec 2, 2010 6:23pm
Quoting Vantage
Someone Andrews has a supertrend/TM + nonlag dot thread.
Where?
  • #343
  • Dec 3, 2010 1:17am Dec 3, 2010 1:17am
Quoting the-game
Where?
Don't expect this to be any better than what you have here http://www.forexfactory.com/showthread.php?t=214635 this is a method like any other and blindly entering when 2 things happen won't help. It still (and always will) be trading price action, candles etc etc. These indis are just trying to keep you on the right side of short term trend.

TM/supertrend is basically trading right side of CCI 50 (Steve Hopwoods thread explains).

I don't know what nonlag dot is but you could just as easily chuck on an 8 lwma on your charts, they're so close.

All of a sudden trading above below CCI levels with an 8 lwma doesn't sound so special. That basically is what the Andrew thread is. If it works for you fine, good luck.
  • #344
  • Dec 3, 2010 3:05am Dec 3, 2010 3:05am
Posted elsewhere. PA struggled at Wed's high, + NFP day + internet connection very iffy today out at +20.
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  • #345
  • Dec 3, 2010 3:22am Dec 3, 2010 3:22am
Quoting Vantage
Don't expect this to be any better than what you have here http://www.forexfactory.com/showthread.php?t=214635 this is a method like any other and blindly entering when 2 things happen won't help. It still (and always will) be trading price action, candles etc etc. These indis are just trying to keep you on the right side of short term trend.

TM/supertrend is basically trading right side of CCI 50 (Steve Hopwoods thread explains).

I don't know what nonlag dot is but you could just as easily chuck on an 8 lwma on your charts, they're...
when H or L of 1st candle that closes to the opposite side of ST/TM is exceeded, and when indicators agree. This is trading Higher H, and Lower L in a developing trend.
Vincit qui se vincit.
  • #346
  • Dec 3, 2010 3:49am Dec 3, 2010 3:49am
Quoting Pippopotamus
when H or L of 1st candle that closes to the opposite side of ST/TM is exceeded, and when indicators agree. This is trading Higher H, and Lower L in a developing trend.
Which is basically what several people have suggested doing with this system.

Readers here may also be interested in this ea
http://www.forexfactory.com/showthread.php?t=268038 which is being developed for longer time frames.
  • #347
  • Dec 3, 2010 4:35am Dec 3, 2010 4:35am
plz use 9 ema and 30 ema to do trade. when you set this in mt4 platform then you will the magic.
  • #348
  • Dec 7, 2010 11:40am Dec 7, 2010 11:40am
Hi all,

I took the liberty of modifying the last version of the STnrp by using the output of the CyclePeriod indie (from Ehlers' book) as the internal CCI period (instead of the fixed 50 period).

You need both attachments in the indicators folder, but put only Adaptive SuperTrend on the chart, insted of TM or current ST, if you want to play with it.

The variations are minor at a glance, but might prove useful, depending on one's entry style I guess .
Attached File(s)
File Type: mq4 Adaptive SuperTrend.mq4   7 KB | 1,672 downloads
File Type: mq4 CyclePeriod.mq4   4 KB | 1,346 downloads
  • #349
  • Dec 7, 2010 12:50pm Dec 7, 2010 12:50pm
Littlejallallabadboyfromafrica any1 having success with this system, I mean the goal is 4 all of us to be rich as hell right? So give me some proof before I start trading this.
  • #350
  • Dec 8, 2010 2:21am Dec 8, 2010 2:21am
Quoting Rille
Littlejallallabadboyfromafrica any1 having success with this system, I mean the goal is 4 all of us to be rich as hell right? So give me some proof before I start trading this.
Put the work in and prove it to yourself, or not, your call.
  • #351
  • Dec 8, 2010 5:56am Dec 8, 2010 5:56am
Unfortunately I was away from computer for this one but it has everything I look for. 1hr and 15 min positive closes, hl, 5 min candle with little/no upper wick (for the buy).
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  • #352
  • Dec 8, 2010 11:39am Dec 8, 2010 11:39am
Quoting Vantage
Unfortunately I was away from computer for this one but it has everything I look for. 1hr and 15 min positive closes, hl, 5 min candle with little/no upper wick (for the buy).
BBMACD - 38:120:20 is a good setting compared to what you have.
Intraday only.
  • #353
  • Dec 9, 2010 5:24am Dec 9, 2010 5:24am
Quoting Rille
Littlejallallabadboyfromafrica any1 having success with this system, I mean the goal is 4 all of us to be rich as hell right? So give me some proof before I start trading this.

Some opportunities from this am. All nice lh's in line with trend. These kind of opportunities come virtually every day in London session.
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  • #354
  • Dec 9, 2010 5:24am Dec 9, 2010 5:24am
Quoting navk
BBMACD - 38:120:20 is a good setting compared to what you have.
Thanks I'll have a look.
  • #355
  • Dec 10, 2010 2:21pm Dec 10, 2010 2:21pm
Hi Rofleus,
Pls. what is the difference between the ST and the Adaptive ST? What benefits are we to get from the Adaptive ST over the ST? Thanks.



Quoting Rofleus
Hi all,

I took the liberty of modifying the last version of the STnrp by using the output of the CyclePeriod indie (from Ehlers' book) as the internal CCI period (instead of the fixed 50 period).

You need both attachments in the indicators folder, but put only Adaptive SuperTrend on the chart, insted of TM or current ST, if you want to play with it.

The variations are minor at a glance, but might prove useful, depending on one's entry style I guess .
  • #356
  • Dec 11, 2010 1:58am Dec 11, 2010 1:58am
I was out Fri and did not trade at all. These are 2 likely trades in line with 1hr and 15 min neg closes and of course the trend.

Nice lh's little/no lower wicks. The middle x I wouldn't have considered at all as the set up candle is 20 pips.
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  • #357
  • Dec 13, 2010 4:01am Dec 13, 2010 4:01am
Nice hl, little/no upper wick. Never followed through really, lost internet a couple of times so we decided to exit +12.
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  • #358
  • Dec 13, 2010 6:15pm Dec 13, 2010 6:15pm
Quoting navk
Canuc,

I just used the nonlag indicator and had following profits in one shot !

Euro/usd : 54 pips
Aud/usd : 25 pips
Aud/usd : 22 pips
Euro/chf : 22 pips.

Did not see the trend line for entry ! All are short trades.

what are your settings on the nonlagdot indi ?
  • #359
  • Dec 13, 2010 6:53pm Dec 13, 2010 6:53pm
Quoting whatfx
what are your settings on the nonlagdot indi ?
Default settings
Intraday only.
  • #360
  • Dec 14, 2010 8:26am Dec 14, 2010 8:26am
Quoting CanuckCT
Care to post a chart?
Cheers
CanuckCT
i guess this is no longer a trend magic with bbmacd thread like paulus had intended?
he moved it here this past August because of all the other indicators that were getting posted and had nothing to do with TM. He said this in bright red letters...PLEASE KEEP THE THREAD CLEAR OF ALL OTHER INDICATORS ATM

If you want to cloud a TM thread with unrelated crap, go here to the old link http://www.forexfactory.com/showthre...=165948&page=5

And by the way, your nonlag dot indicator is far less effective than HMA hull trend.
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