Attachments: trend catching with NonLagDot indicator

trend catching with NonLagDot indicator

#361
Jan 5, 2016 4:38am Jan 5, 2016 4:38am

Lebaneese
Joined Jun 2010 | Status: Full time trader | 1,349 Posts

Quoting Ntim2000

Disliked

thx for this simple Method of trading . I won by it 76 pips in 6 4 trades and i lose 2 trade 11 pips

Ignored

keep on updating us with results please.

#362
Jan 5, 2016 4:39am Jan 5, 2016 4:39am

Lebaneese
Joined Jun 2010 | Status: Full time trader | 1,349 Posts

Quoting Dave_C

Disliked

I know some posters have no interest in the EA at all and I accept that, but the reason I am posting these results is to highlight how important money management really is. Of particular interest is the highlighted result which was achieved with a .5% risk factor. This optimization based on the AUDUSD 2015 results took about 5 hours to run and I have cut down the range of some parameters (notably TP and Length) to save time. The optimization parameters are in the last...

Ignored

Great job Dave for this risk management hope it will help the traders to understand the perfect trading rules.

#363
Jan 5, 2016 4:42am Jan 5, 2016 4:42am

Lebaneese
Joined Jun 2010 | Status: Full time trader | 1,349 Posts

Quoting SeaTheStars

Disliked

I closed 2 more baskets today on my demoaccount. One 100 pip basket on the M30 charts and one 200 pip on the 1H chart.

Ignored

That's the good job don't be greed, take what u need and that's all. there are always pips to be taken

#364
Jan 5, 2016 4:49am Jan 5, 2016 4:49am

Lebaneese
Joined Jun 2010 | Status: Full time trader | 1,349 Posts

Quoting SeaTheStars

Disliked

{quote} I am on a 21 for 21 run but losses will surely come. Good thing so far is that at least 2 pairs always trended really nicely and offset the small losses.

Ignored

That's why I always recommend to trade on low time frame with basket trading. At least 3 or 4 pairs will trend well covering all losses and giving profit. Impossible to loose them all , but the main idea to be on board when it start moving. Or u will miss the train.

#365
Jan 5, 2016 4:53am Jan 5, 2016 4:53am

Lebaneese
Joined Jun 2010 | Status: Full time trader | 1,349 Posts

Quoting Indrek

Disliked

{quote} During my trading years I have not seen a system that works as it is more than 6 months in a row. After that market has changed so much that bigger adjustments are needed or even the system itself has to be quit. I remember cases from the past when I also used to backtest much that sometimes I finished backtesting a promising system right at the moment when the system stopped working. So, backtest for 5 years with same parameters has no sense at all. Maximum is 6 months, otherwise it is waste of time. And one more thing - backtesters and...

Ignored

Indrek my be the system u trade it was based on indicators, but what we are trading here is market nature (waves) and candles pattern so I doubt in the future it will change.

#366
Jan 5, 2016 4:56am Jan 5, 2016 4:56am

Lebaneese
Joined Jun 2010 | Status: Full time trader | 1,349 Posts

Quoting cuchuflito

Disliked

I want to thank Dave and Lebanese for their efforts... Had a long streak of loosers when I started this, with real money...BUT, just watching th charts to the past, and Daves positive backtesting makes you wonder...there is no commercial interest....here... One trade yesterday recovered all my losses and more...then I had two more winners. I trade manually, 4 H (started with 5 Minutes , literally), divide my postiion in 3 (Oanda, no lots), by my original R, enter on the first signal, and add 2 more pending orders on obvious stop run swings...

Ignored

Losses are part of the game , the only solution to cover it is with basket trade one pair will loose other will win and cover plus.

#367
Jan 5, 2016 5:03am Jan 5, 2016 5:03am

Lebaneese
Joined Jun 2010 | Status: Full time trader | 1,349 Posts

Quoting Evghen

Disliked

Greetings to everyone! Hey Mr Lebaneese, would like to bother you with a few more questions: 1. Did you notice what Draw-downs did you get on your baskets before it hit the TP? 2. Did you get better results trading fixed lot in every trade or calculating percentage foe every trade was better? 3. Do you always set the SL at the previous high/low? What is your average SL for M30? Thanks again for your support! Best luck to everyone!

Ignored

1-For DD u can see over 2000K but it is not the problem bcz it can be fixed with better MM which Dave was working on it to minimise that DD. that's why we should thanks Dave for his big effort.

2-Logically calculating percentage for every trade is much more better but for me I am trading them all at same size.

3-No not always sometime I give more space it depend on market situation and how I see the basket result.

#368
Jan 5, 2016 5:06am Jan 5, 2016 5:06am

Dave_C
| Commercial User | Joined Jun 2009 | 1,676 Posts

Any amount of backtesting can produce favourable results but Lebaneese is talking about actual trading and I respect his ingenuity. I am only hypothesizing on past results.

#369
Jan 5, 2016 5:10am Jan 5, 2016 5:10am

Lebaneese
Joined Jun 2010 | Status: Full time trader | 1,349 Posts

Just I want to add one important thing, for sure I am not trading the perfect way for the system u can make it better and I am sure of that. What I posted is a trading style. With different MM and set up could be much more better. So each one work to find his best way of trading. I answer your question the way I trade it.

#370
Jan 5, 2016 5:51am Jan 5, 2016 5:51am

SeaTheStars
| Joined Sep 2014 | Status: Trader | 282 Posts

Quoting Anusragger

Disliked

{quote}Which pairs do you watch for your basket?

Ignored

I go for "my big" 12: E/U U/J G/U A/U U/C U/Ch E/J E/G E/Ch G/J A/J N/U and may add E/A E/C N/J and others depending on the setup and spread. Trading M30 and upwards allows me to trade almost any pair made up by USD-EUR-GBP-JPY-AUD-CAD-CHF-NZD

#371
Jan 5, 2016 6:01am Jan 5, 2016 6:01am

maindfriik
| Joined Nov 2015 | Status: Trader | 29 Posts

Today the EA has produced me +7 and +20 pips winners in EURUSD and +3 and +20 pips on GBPUSD. Using the EA on 4h chart with TP20/SL10 with Trailing stop enabled. Thank you very much Lebaneese and Dave! Looking forward for more trade openings as it is trading on 4h chart, it does take some time.

#372
Edited 6:55am Jan 5, 2016 6:38am | Edited 6:55am

Indrek
Joined Jun 2009 | Status: Trader | 2,430 Posts

Quoting Lebaneese

Disliked

{quote} Indrek my be the system u trade it was based on indicators, but what we are trading here is market nature (waves) and candles pattern so I doubt in the future it will change.

Ignored

I was speaking about all systems including trading clean charts that is my favourite. Entries may even stay same but trade management principles change all the time. That is why it is not relevant what results we get when backtesting 5 years with exactly same SL, TP, trailing stop etc.

#373
Jan 5, 2016 9:26am Jan 5, 2016 9:26am