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Lazy trading

  • #161
  • Oct 20, 2014 4:03am Oct 20, 2014 4:03am
Quoting rglenn
{quote} Without getting in to religion here -We are all born "a son of God" but depending on which path you take in life it will become a reality or make you a son of Satan. In regards to this system there is no question that it doesn't work as I use to trade a similar hourly system but for more pips.
I'm a son of my mother and father, are you telling me they are Satan?
  • #162
  • Oct 20, 2014 4:08am Oct 20, 2014 4:08am
Quoting albchr
Maybe I'm misunderstanding all the questions about "which bar" to go by? If the settings are correct, you can only go by the last No lag bar painted as there is no "current" No lag bar under the current 1H stick. Seems simple enough to me. {image}
The nolag signal bar used in this system is in fact the current bar displaced 1 place to the left.
  • #163
  • Oct 20, 2014 4:09am Oct 20, 2014 4:09am
Quoting albchr
Maybe I'm misunderstanding all the questions about "which bar" to go by? If the settings are correct, you can only go by the last No lag bar painted as there is no "current" No lag bar under the current 1H stick. Seems simple enough to me. {image}
Is correct.
  • #164
  • Oct 20, 2014 4:12am Oct 20, 2014 4:12am
Here's a little EA + the mod indi for the lazy sons of Satan as me. it uses the previous closed candle(-2) not the actual (-1) forming new candle.
Attached File(s)
File Type: mq4 Monke1.mq4   9 KB | 467 downloads
File Type: mq4 NonLagMA_v7_HIST.mq4   7 KB | 440 downloads
  • #165
  • Oct 20, 2014 4:13am Oct 20, 2014 4:13am
Quoting pakeha
{quote} The nolag signal bar used in this system is in fact the current bar displaced 1 place to the left.
Yes, I understand this. Hence making it the "last bar". It's just Symantecs. Trade in the direction of the "last bar" painted.
Ghost Rider - WWTBMD?
  • #166
  • Oct 20, 2014 4:13am Oct 20, 2014 4:13am
Quoting bodypip
{quote} Is correct.
Ghost Rider - WWTBMD?
  • #167
  • Oct 20, 2014 4:13am Oct 20, 2014 4:13am
IMO ... the problem here is when we have a loss can be very painful
  • #168
  • Oct 20, 2014 4:14am Oct 20, 2014 4:14am
Quoting joancb
{quote} I'm a son of my mother and father, are you telling me they are Satan?
I am not even going to try explaining this to you as if some people can't understand -1 displacement how will you understand what I said previously
With God its impossible to lose
  • #169
  • Oct 20, 2014 4:19am Oct 20, 2014 4:19am
The -1 displacement bar becomes the signal once it close's, however as it close's it steps 1 further place to the left due to new-1 bar starting.

That's what I'm seeing.
  • #170
  • Oct 20, 2014 4:25am Oct 20, 2014 4:25am
Quoting bodypip
IMO ... the problem here is when we have a loss can be very painful
Well of course we always need to apply proper money management and common sense no matter the "system". IMHO using simple SR is also a plus. As I'm just testing this on my live account and just for monitoring purposes, I mark the 1H stick I open the trade on and then watch both my SR levels and the NOLAG bars on lower TF's like the 30M or this 15M here. I find this helps to determine whether to hold or not. Of course just starting this so we'll see.
Attached Image
Ghost Rider - WWTBMD?
  • #171
  • Oct 20, 2014 4:55am Oct 20, 2014 4:55am
Thereīs less than a handful decent pepole here. You guys are fucking idiots.
  • #172
  • Oct 20, 2014 4:59am Oct 20, 2014 4:59am
Quoting albchr
{quote} Well of course we always need to apply proper money management and common sense no matter the "system". IMHO using simple SR is also a plus. As I'm just testing this on my live account and just for monitoring purposes, I mark the 1H stick I open the trade on and then watch both my SR levels and the NOLAG bars on lower TF's like the 30M or this 15M here. I find this helps to determine whether to hold or not. Of course just starting this so we'll see. {image}

Intresting maybe aply the same thinking when determen target instead of the orginal 3-4 pips ?

Best regards
  • #173
  • Oct 20, 2014 5:00am Oct 20, 2014 5:00am
Quoting albchr
{quote} Well of course we always need to apply proper money management and common sense no matter the "system". IMHO using simple SR is also a plus. As I'm just testing this on my live account and just for monitoring purposes, I mark the 1H stick I open the trade on and then watch both my SR levels and the NOLAG bars on lower TF's like the 30M or this 15M here. I find this helps to determine whether to hold or not. Of course just starting this so we'll see. {image}
Watching the NOLAG and my SR levels, this 30M/1H close will be key for me to either hold or bank this trade. SL is already at BE+3 so no loss possible.
Attached Image
Ghost Rider - WWTBMD?
  • #174
  • Oct 20, 2014 5:01am Oct 20, 2014 5:01am
Quoting albchr
{quote} Well of course we always need to apply proper money management and common sense no matter the "system". IMHO using simple SR is also a plus. As I'm just testing this on my live account and just for monitoring purposes, I mark the 1H stick I open the trade on and then watch both my SR levels and the NOLAG bars on lower TF's like the 30M or this 15M here. I find this helps to determine whether to hold or not. Of course just starting this so we'll see. {image}
Testing too ... and I see that the last bar ... changes a lot.

As an example this last nonlagma bar on EU ... opened red = sell
But during the last hour ... changes a lot from red to green and now ... the bar closes green with -20 pips

Not for me ... but good luck for you guys
  • #175
  • Oct 20, 2014 5:09am Oct 20, 2014 5:09am
Quoting albchr
{quote} Watching the NOLAG and my SR levels, this 30M/1H close will be key for me to either hold or bank this trade. SL is already at BE+3 so no loss possible. {image}
A 30M close below the SR. However, it's "leaning" with long pressure and since it's a free trade anyway, I'll let it ride. But it could (probably will) fall off a bit first even if it continues north in the end.

Just an example of how I look at things under any system. Have a great day folks and a green week to all.
Attached Image
Ghost Rider - WWTBMD?
  • #176
  • Oct 20, 2014 5:14am Oct 20, 2014 5:14am
Nice little pop there. SL now BE+10 and headed for the next 1H SR. Currently +32ish as I type.
Attached Image
Ghost Rider - WWTBMD?
  • #177
  • Oct 20, 2014 5:38am Oct 20, 2014 5:38am
Quoting albchr
Nice little pop there. SL now BE+10 and headed for the next 1H SR. Currently +32ish as I type. {image}
Very nice done
MT4/MT5 EAs/Indicators/Alerts coder
  • #178
  • Oct 20, 2014 5:38am Oct 20, 2014 5:38am
Quoting albchr
Nice little pop there. SL now BE+10 and headed for the next 1H SR. Currently +32ish as I type. {image}
Not too shabby
good work albchr

cheers hannele
  • #179
  • Oct 20, 2014 5:46am Oct 20, 2014 5:46am
Quoting FerruFx
{quote} Very nice done
Quoting hannele
{quote} Not too shabby good work albchr cheers hannele
Thank you folks. This first one worked out quite well. SL now +20, target 6160 and will let it play out either way.

I "may" fudge that stop a pip or two as it's actually a little over the 30M SR here. We'll see what the 15M says.
Attached Image
Ghost Rider - WWTBMD?
  • #180
  • Oct 20, 2014 5:55am Oct 20, 2014 5:55am
Backed off the SL to +14. Might get whacked but still a win.

EDIT: SL hit .. +14
Attached Image
Ghost Rider - WWTBMD?
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