The tlatomi method

Hi,

After several weeks of succesfull trading with this method, i decide to post it because I'm sure that some of you can find it helpful and others can improve it.

You can find the method in the pdf attached.

Feel free to test it and all your remarks, opinions are welcome.

Thanks

8/08/2006 - a new version of the pdf thanks to the comments

Short GBP/USD @ 1.9065 - Stop @ 1.9106

Exit @ 1.9035.

Profit : +30 Pips

This method gives you mecanicals trades. Don't hesitate to transform them into a discretionnay trade after because you can see things that the system can't. Sometimes, it will be the difference between a 30 pips trade and a 300 pips trade.

Well, you doesn't follow the rules...
NonLagMa is tomato after blue dots appears.

What are you settings for the nonlagma because mine is yellow

http://www.tlatomi.com/blog/images/graph.gif

This is the mine

I don't know what's wrong but i upload my template so you can try it with my settings.

Judex001 -

Thanks for the interesting method. I look forward to testing it.

I'm glad I caught it on the first day because I predict a HUGE thread!

Judex001

This looks interesting, will look forward on testing it myself.


Thanks

Thanks for the addition of a promising new indicator. Seems like we never get enough of the good ones!

Any addit info regarding setting stops, actual W/L history, etc would be appreciated. Thanks again.

Hey,


Thnx Judex001 for posting this.

Have you tried testing it on any other currency pair in the weeks that you have had it?


I am currently backtesting on EurUsd and also USDJPY to see how it performs, doing some forward testing on EurUsd too.

Seems great

Does it matter what order the three indicators happen in? For example, right now in the GBP/USD, the non-lag happened first, then the cross over and then the blue dot.

Jason

Looks like a nifty little system ... looking forward to errrr forward testing it...

Judex001


I have one sugestion, is there a way you or someone on the forum can create an alarm signal to sound when the blue or red dot appear on the chart. That would be helpful so you wouldn't have to stay by the computer waiting for the dots to show up. All you need would be to hear the sound and that would give you the option to monitor your chart and wait to see if the CCI crosses the trigger line and if the NonLagMa color changes to yellow. Also it would alert you to exit the trade.

also it's possible an sms/email alert.

Carmel :

Regarding the stops, I generaly take the high of the previous bars.
I live in canada so unfortunately i can't trade at 8:00 AM european time so i lost a lot of good opportunities but for the last month, on the cable, the results are :

Total : 6 trades - 4 winning and 2 losing
Profit : 451 pips
<table border="1" cellspacing="0" cols="5" frame="void" rules="groups"> <colgroup><col width="85"><col width="86"><col width="86"><col width="86"><col width="86"></colgroup> <tbody> <tr> <td align="center" height="17" width="85">GBP/USD</td> <td align="center" width="86">Enter</td> <td align="center" width="86">Stop</td> <td align="center" width="86">Exit</td> <td align="center" width="86">P/L</td> </tr> <tr> <td sdval="38904" sdnum="2058;0;DD/MM/AA" align="center" height="17">06/07/06</td> <td sdval="1.8369" sdnum="2058;0;0.0000" align="center">1.8369</td> <td sdval="1.8343" sdnum="2058;0;0.0000" align="center">1.8343</td> <td sdval="1.8493" sdnum="2058;0;0.0000" align="center">1.8493</td> <td sdval="124" sdnum="2058;0;0" align="center">124</td> </tr> <tr> <td sdval="38908" sdnum="2058;0;DD/MM/AA" align="center" height="17">10/07/06</td> <td sdval="1.8396" sdnum="2058;0;0.0000" align="center">1.8396</td> <td sdval="1.8517" sdnum="2058;0;0.0000" align="center">1.8517</td> <td sdval="1.8413" sdnum="2058;0;0.0000" align="center">1.8413</td> <td sdval="-17.0000000000003" sdnum="2058;0;0" align="center">-17</td> </tr> <tr> <td sdval="38909" sdnum="2058;0;DD/MM/AA" align="center" height="17">11/07/06</td> <td sdval="1.8457" sdnum="2058;0;0.0000" align="center">1.8457</td> <td sdval="1.8364" sdnum="2058;0;0.0000" align="center">1.8364</td> <td sdval="1.8447" sdnum="2058;0;0.0000" align="center">1.8447</td> <td sdval="-9.9999999999989" sdnum="2058;0;0" align="center">-10</td> </tr> <tr> <td sdval="38910" sdnum="2058;0;DD/MM/AA" align="center" height="17">12/07/06</td> <td sdval="1.8382" sdnum="2058;0;0.0000" align="center">1.8382</td> <td sdval="1.8478" sdnum="2058;0;0.0000" align="center">1.8478</td> <td sdval="1.8347" sdnum="2058;0;0.0000" align="center">1.8347</td> <td sdval="35.0000000000006" sdnum="2058;0;0" align="center">35</td> </tr> <tr> <td sdval="38911" sdnum="2058;0;DD/MM/AA" align="center" height="17">13/07/06</td> <td sdval="1.8421" sdnum="2058;0;0.0000" align="center">1.8421</td> <td sdval="1.8346" sdnum="2058;0;0.0000" align="center">1.8346</td> <td sdval="1.8437" sdnum="2058;0;0.0000" align="center">1.8437</td> <td sdval="16.0000000000005" sdnum="2058;0;0" align="center">16</td> </tr> <tr> <td sdval="38924" sdnum="2058;0;DD/MM/AA" align="center" height="17">26/07/06</td> <td sdval="1.8463" sdnum="2058;0;0.0000" align="center">1.8463</td> <td sdval="1.8388" sdnum="2058;0;0.0000" align="center">1.8388</td> <td sdval="1.8766" sdnum="2058;0;0.0000" align="center">1.8766</td> <td sdval="303" sdnum="2058;0;0" align="center">303</td> </tr> </tbody> </table>
NipthePips :

No, i don't test it on others currency except GBP/USD and GBP/JPY.
Any backtesting or forward would be gladly appreciated.
Thanks

jlowder :

Personaly, i don't take a trade when the cross happens before the dot or when the cross happens after the nonlag.
So, i wait for a dot then for the cross and then for the nonlag.
It doesn't matter if the cross and the nonlag happen at the same time but like i said earlier, the cross should never happen after the nonlag.

I hope this answers yours questions.

Hi,

Great idea.
I don't know enough the metaquote language so if someone can create it, thanks in advance.
I choose the 4 Hour timeframe to have time to see the dot but it's true that if we can have an alarm signal, it will be very helpfull.

Judex001

I have a question, is there a time frame you go by, or do you place the trade whenever you see the dot (if everthing goes as set in the rule). I assume during news reports your not making trades.

hey judexx001 I know one thing that would help your indicator a lot is change the color of the dots. What I mean is, every chart Ive every seen is always blue means good red means bad. My candles are blue meaning the price is going up and red meaning the price is going down. Its just kind of awkward to see a red dote show up on your screen and you say buy it or a blue dot and sell it. Its nothing major just a little commit. just my 2 cents. Looks great. thanks for the hard work.


chrinist

Just a quick note

the non-lag MA does turn yellow/non yellow while the current candle/bar is still forming ... so i wouldn't enter a trade until the end of the current candle confirms that the yellow section doesn't switch back to a non signal.

eg .. on the current 4 hour candle the non-lag ma may show a yellow line indicating a go on a trade but during the formation of the candle it may switch from yellow (go signal) to a non-yellow (no trade) line.

so remember wait till the candle is fully formed until entering a potential trade!!!!

heheheh

Right now, i'm on vacation so i place the trades whenever i see a dot but during the year, i usualy trade between 6 am and 10 am (Montreal time).

Because this method is based on cable, a lot of good signal occured during the european market (1:00 Am to 7:00 AM Montreal time) so if you can trade during that time frame : lucky you !

I have an other method to trade the news and don't use this one because most of time, the prices moves too fast and there're a lot of wrong signals.