trend catching with NonLagDot indicator
- #682
- Jan 12, 2016 4:30am Jan 12, 2016 4:30am
- Joined Jul 2011 | Status: Gold Again | 10,560 Posts
{quote} When we run ea we must wait until new m30 candle after that ea put order
But if you activate with only 15 or 20 minutes left, maybe you only have to wait 15 or 20 minutes, assuming a valid signal of course.
It's an EA after all,not a crystal ball
It takes a lot for me to IGNORE you, but you can try.
- #683
- Edited 3:58pm Jan 12, 2016 4:57am | Edited 3:58pm
- | Commercial User | Joined Jun 2009 | 1,676 Posts
{quote} I would say yes, if the signal is on 30 minutes, then the candle has to close every 30 minutes. But if you activate with only 15 or 20 minutes left, maybe you only have to wait 15 or 20 minutes, assuming a valid signal of course. It's an EA after all,not a crystal ball
I see an apparent mistrust of EA's in general. Due acknowledgement must be given to Lebaneese because this is his trading system. I only devised an automatic set of rules to trade emotionless with his system.
We have all allowed our own emotions affect trading but the sooner that you realise that, the better off you will be. An inviolate set of rules which an EA enforces, may be against our own trading style at times, but in the long term, it does reinforce emotionless trading.
I have traded for a very long time and it took me a long time to realise that I was my own worst enemy.
Let's be very honest and say past results do not predicate the future. Ask all the experienced traders.
Money Management is not a well understood factor.
- #686
- Jan 12, 2016 8:15am Jan 12, 2016 8:15am
- Joined Jun 2010 | Status: Full time trader | 1,349 Posts
- #687
- Jan 12, 2016 8:17am Jan 12, 2016 8:17am
- Joined Jun 2010 | Status: Full time trader | 1,349 Posts
- #689
- Jan 12, 2016 8:24am Jan 12, 2016 8:24am
- Joined Jun 2010 | Status: Full time trader | 1,349 Posts
- #690
- Jan 12, 2016 8:36am Jan 12, 2016 8:36am
- Joined Jun 2010 | Status: Full time trader | 1,349 Posts
Still testing on demo (which is a live account with 0.01 trades) but so far it looked awesome. Today I closed my 40th basket. 36 winners 4 losers. RR is 1:1. The M30 and H1 charts are just so wonderful to trade. Bought a new monitor today so I have 24 charts open all the time and checking a few more on a smaller screen.
One positive thing. I did scroll back the charts and just a few August days where there was not much trending sometimes (but I dont trade in August, that when I spent my winnings). But all the time (maybe I missed a few days) its really that 2-3 and sometimes more pairs are well trending offsetting the losses you have when other pairs go sideways or against you.
I am always a believer in keeping it simple.
One positive thing. I did scroll back the charts and just a few August days where there was not much trending sometimes (but I dont trade in August, that when I spent my winnings
). But all the time (maybe I missed a few days) its really that 2-3 and sometimes more pairs are well trending offsetting the losses you have when other pairs go sideways or against you.I am always a believer in keeping it simple.
- #693
- Jan 12, 2016 8:47am Jan 12, 2016 8:47am
- Joined Jun 2010 | Status: Full time trader | 1,349 Posts
- #695
- Jan 12, 2016 8:57am Jan 12, 2016 8:57am
- Joined Jun 2010 | Status: Full time trader | 1,349 Posts
- #697
- Jan 12, 2016 12:07pm Jan 12, 2016 12:07pm
- Joined Feb 2013 | Status: constructively provocative | 1,505 Posts
Good day/eve Lebaneese and everyone,
Just stopping by to say thank you for the inspiration. Admittedly, I wouldn't be myself, if I followed your system to the letter, but I like the simplicity of the idea enough to incorporate some of it into my trading. I've only been playing with it today, using the combination of TCCI and HAS, entering when both agree (with a pinch of discretion).
Trading it as a basket does indeed give a nice boost to the probability and speed of reaching a sensible daily target. All today's trades combined, closed at 100 pips gain, within less than an hour.
Will keep testing in the background, not to litter your thread with unnecessary modifications. Anyway, thanks again and many green pips to you.
Just stopping by to say thank you for the inspiration. Admittedly, I wouldn't be myself, if I followed your system to the letter, but I like the simplicity of the idea enough to incorporate some of it into my trading. I've only been playing with it today, using the combination of TCCI and HAS, entering when both agree (with a pinch of discretion).
Trading it as a basket does indeed give a nice boost to the probability and speed of reaching a sensible daily target. All today's trades combined, closed at 100 pips gain, within less than an hour.
Will keep testing in the background, not to litter your thread with unnecessary modifications. Anyway, thanks again and many green pips to you.
mind over matter
- #700
- Jan 12, 2016 2:45pm Jan 12, 2016 2:45pm
- Joined Jun 2010 | Status: Full time trader | 1,349 Posts