ohammond, thanks for the suggestion. It worked. I took my first trade with this system on the GBPUSD today with a gain of 42 pips. I thank Julie and all who have contributed to this thread. I love the simplicity of the Trendpipper system.
i entered on 3 green, and when pulled back to EMA.
i exited when 2 of NLMA turned red.
i think it so happen that after i exited my trade, it shot up 15 pips again.
how do i avoid this?
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I would say your entry was a bit late in the move. It signalled then pulled back to the ema and then the entry a lot further back, a lot better entry as it was also bouncing off a support line when it did it.
Hello Pipdude. can u teach me how to use ATR? and can u share the ATR indi? Coz i already download the ATR indi from this thread and the result pretty different with yours. Thx.
Hello julie. I wonder how can i get the nonlag with the yellow collors? Coz i already download it and I just get the blue and red collors. I to use with the yellow coz I think it is more accurate.
Hello Pipdude. can u teach me how to use ATR? and can u share the ATR indi? Coz i already download the ATR indi from this thread and the result pretty different with yours. Thx.
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scuderia,
ATR measures average daily range. i use it to project profit targets. with the eurusd i try to enter a trade, and then wait for price to reach the ATR lines, before taking profits. 3 to 4x a week price will reach ATR lines. results may vary depending on when ATR lines start. they start at the 0 hour on your charts. and depending on when your charts start at 0 hour varies with broker, from 5pm to 8pm est. usa. so, ATR lines may be different. mine starts at 8pm est. with forex.com.
ATR measures average daily range. i use it to project profit targets. with the eurusd i try to enter a trade, and then wait for price to reach the ATR lines, before taking profits. 3 to 4x a week price will reach ATR lines. results may vary depending on when ATR lines start. they start at the 0 hour on your charts. and depending on when your charts start at 0 hour varies with broker, from 5pm to 8pm est. usa. so, ATR lines may be different. mine starts at 8pm est. with forex.com.
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Thx for the explanations pipdude. Can u sent me the indi too? coz i download one from this thread it shows like RSI. thx. i will learn to use ATR when i have the same indi u have.
Thx for the explanations pipdude. Can u sent me the indi too? coz i download one from this thread it shows like RSI. thx. i will learn to use ATR when i have the same indi u have.
Thx for share the indi and share the nonlagma.
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for ATR indi click on attachments page 3, scroll to LFL-ATRprojections, see post as well.
Thx pipdude. So can tell me how this ATR works? I don't understand at all. Thx.
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didn't i already explain how this indi works? ATR means average true range, the number of pips price moves on average on a daily basis. if ATR is 100, and price moves 100 pips it will reach ATR lines.
Anyone can tell me, Is there any different to use the indicator on nonlag,nonlagv5 and nonlagv7? because i feels the colors is different each one.
I am just curious though. thx.
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notice this long trade of eurusd for today with signal to exit. price moved 93 pips and ATR is 111 pips. so price reached ATR line. ATR lines are an approximation of ATR, lines placed above and below ATR.
