trend catching with NonLagDot indicator | Page 38 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

NonLagDot (NLD) EA is Here 185 replies

Trendbreak with nonlagdot 2 replies

correct this nonlagdot ea 0 replies

WANT a martingale NonLagDot (NLD) EA 5 replies

Nonlagdot with email alert 3 replies

Attachments: trend catching with NonLagDot indicator
Exit Attachments

trend catching with NonLagDot indicator

  • #741
  • Jan 13, 2016 2:37am Jan 13, 2016 2:37am
Quoting marlaust
Hi Maindrifriik Did you achieve those results using the EA or manual trading..... Great results there
​of course the problem is from Maindri choosing the trades that's why I asked him to show me his entries to fix the bug.
  • #742
  • Jan 13, 2016 2:41am Jan 13, 2016 2:41am
Quoting marlaust
Hi Maindrifriik Did you achieve those results using the EA or manual trading..... Great results there
Hey mate, all those trades were done by EA when i was enjoying my nice deep sleep.

I will also post my entries and exits http://imgur.com/a/xmTSH

note that there is some error with EA putting 10pip TP 30pip SL lines sometimes but that might be my broker error. Does anyone know any other indicator or ea that will put TP/SL to any opened trades automatically ?
  • #743
  • Jan 13, 2016 2:51am Jan 13, 2016 2:51am
Quoting maindfriik
{quote} Hey mate, all those trades were done by EA when i was enjoying my nice deep sleep. I will also post my entries and exits http://imgur.com/a/xmTSH note that there is some error with EA putting 10pip TP 30pip SL lines sometimes but that might be my broker error. Does anyone know any other indicator or ea that will put TP/SL to any opened trades automatically ?
There is a very simple answer to that. Please if you are using the EA and you do not understand the concept of set files, do not use the EA. To explain, there is an option to use automatic Stop Losses and also an option to use automatic Take Profits. If you do not understand these concepts, please stop using the EA. As I have explained in a previous post, I am very recognizant that this is Lebaneese's thread and should not be clogged with posters who do not understand the EA options.
  • #744
  • Jan 13, 2016 2:57am Jan 13, 2016 2:57am
Quoting maindfriik
{quote} Hey mate, all those trades were done by EA when i was enjoying my nice deep sleep. I will also post my entries and exits http://imgur.com/a/xmTSH note that there is some error with EA putting 10pip TP 30pip SL lines sometimes but that might be my broker error. Does anyone know any other indicator or ea that will put TP/SL to any opened trades automatically ?
​first mistake for EG , the trend has started much before your entry, so u cant enter at the end of the trend and call it a loss , not logic at all, I always say we search trend start not trend end.
Attached Image (click to enlarge)
Click to Enlarge Name: kqV7kra.png Size: 4 KB
  • #745
  • Jan 13, 2016 2:59am Jan 13, 2016 2:59am
EG signal
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM30.png Size: 37 KB
  • #746
  • Jan 13, 2016 3:04am Jan 13, 2016 3:04am
[quote=Dave_C;8687467]{quote} There is a very simple answer to that. Please if you are using the EA and you do not understand the concept of set files, do not use the EA. To explain, there is an option to use automatic Stop Losses and also an option to use automatic Take Profits. If you do not understand these concepts, please stop using the EA. As I have explained in a previous post, I am very recognizant that this is Lebaneese's thread and should not be clogged with posters who do not understand the EA options.[/

And Dave I want to add , such system very clear and easy don't need at an EA , if you are lazy traders this is not your job, deal with trading like any other job, give it time, respect and discipline.
  • #747
  • Edited 3:15am Jan 13, 2016 3:05am | Edited 3:15am
Quoting Dave_C
{quote} Thanks for your input. It is very much appreciated. I chose hourly charts because the backtest results were better, particularly as I prefer to let profits run and I found that the NonLagDot color change on the 30 min chart was causing premature closures at the setting of 20. When I expanded the length, the paint seemed unrealistic in that really I was plotting a lagging indicator. I then started looking at the hourly charts and found by backtesting that I could reduce the length back to around 40 or 50 and still manage to fully capitalize...
Interesting progression on a side note!

At the very least, posters are hopefully starting to realise that this is a labour of love and before you post, some consideration and research needs to be given.
  • #748
  • Jan 13, 2016 3:08am Jan 13, 2016 3:08am
Quoting Lebaneese
{quote} ​first mistake for EG , the trend has started much before your entry, so u cant enter at the end of the trend and call it a loss , not logic at all, I always say we search trend start not trend end. {image}
All trades are taken by EA and not by me.

Dave C: Fixed SL and TP is set too, which is wrong ?
Attached Image (click to enlarge)
Click to Enlarge Name: EAset.jpg Size: 344 KB
  • #749
  • Jan 13, 2016 3:13am Jan 13, 2016 3:13am
Quoting maindfriik
{quote} All trades are taken by EA and not by me. Dave C: Fixed SL and TP is set too, which is wrong ? {image}
​Maindf stop using EA and trade manually less problems.
  • #750
  • Jan 13, 2016 3:14am Jan 13, 2016 3:14am
A good basket will give you profit in less then 2 hours so why bothering yourself with an EA if u can do it manually.
  • #751
  • Jan 13, 2016 3:18am Jan 13, 2016 3:18am
Hi Lebaneese, Today i took the trades as yours , and first the basket was on profit but after London open the market changed and all of my sl hit (EU , GU , UC , AU , AJ , CJ , EN) . did you have the same problem or not?
perhaps my SL points are not correct, if your trades have been different , would you please show your SL's on the chart ? i had big loss today and i dont want this happen again.i need your help and guidance.
green pips to you
  • #752
  • Jan 13, 2016 3:18am Jan 13, 2016 3:18am
Quoting Lebaneese
today the Hero was GU {image}
Hi Lebaneese

Please, can you tell me do you have take profits on pairs when you trade basket or you have only stop loss and you waiting for the basket to reach a daily goal? According to your experience how many pips is enough for basket trading?

Kind regards
  • #753
  • Jan 13, 2016 3:24am Jan 13, 2016 3:24am
Quoting kasrafx
Hi Lebaneese, Today i took the trades as yours , and first the basket was on profit but after London open the market changed and all of my sl hit (EU , GU , UC , AU , AJ , CJ , EN) . did you have the same problem or not? perhaps my SL points are not correct, if your trades have been different , would you please show your SL's on the chart ? i had big loss today and i dont want this happen again.i need your help and guidance. green pips to you
​KasraFx first today I wasn't trading bcz yesterday I reached my weekly target .
For basket trading, the entries was earlier London session and we well know that when a big market open we could have a change in market direction, at first al basket was in profit so u had 2 options : 1- to close the basket at some plus amount u have to choose. 2- set all trades to BE and let it run.
So please the MM part I will not talk about it because it is each trader style.
( over trading will kill any good system, we trade for Money not for Fun so if u collect a good amount don't be greedy close the basket and spend the money elsewhere )
  • #754
  • Jan 13, 2016 3:25am Jan 13, 2016 3:25am
Quoting kasrafx
Hi Lebaneese, Today i took the trades as yours , and first the basket was on profit but after London open the market changed and all of my sl hit (EU , GU , UC , AU , AJ , CJ , EN) . did you have the same problem or not? perhaps my SL points are not correct, if your trades have been different , would you please show your SL's on the chart ? i had big loss today and i dont want this happen again.i need your help and guidance. green pips to you
​can u please tell the traders how plus the basket went ?
I am sure it was good amount.
  • #755
  • Jan 13, 2016 3:27am Jan 13, 2016 3:27am
[quote=miho;8687520]{quote} Hi Lebaneese Please, can you tell me do you have take profits on pairs when you trade basket or you have only stop loss and you waiting for the basket to reach a daily goal? According to your experience how many pips is enough for basket trading? Kind regards[/quote

​Miho I told you the MM part is each trader style , for me I told you I trade one or two day in the week , when I reach 1k profit I stop trading and wait new week.
So as money management from my part I have a target of 1000 weekly which could be done in less then 2 hours.
  • #756
  • Jan 13, 2016 3:33am Jan 13, 2016 3:33am
Quoting maindfriik
{quote} All trades are taken by EA and not by me. Dave C: Fixed SL and TP is set too, which is wrong ? {image}
Maindfrilk You are a nuisance please refer Post # 711
  • #757
  • Jan 13, 2016 3:40am Jan 13, 2016 3:40am
I have been through this experience before. Please let me know if you feel that the EA is diverting attention from what obviously is a very good concept.
  • #758
  • Jan 13, 2016 3:42am Jan 13, 2016 3:42am
Quoting Dave_C
I have been through this experience before. Please let me know if you feel that the EA is diverting attention from what obviously is a very good concept.
Not at all my friend each trader is free to trade what suit with him better. And thank you for your big effort.
  • #759
  • Jan 13, 2016 4:09am Jan 13, 2016 4:09am
Quoting Dave_C
The following diagram represents an issue which I think is indicative of the danger of using the last swing high or low as a Stop Loss point and that is why personally I am against that method of setting stop losses. The diagram indicates a potential exhaustion of the buying pressure nevertheless that was the first pullback on the chart and it triggered a buy. I would like to hear others thoughts on this issue. {image}
Here's a suggestion. How about the EA triggers a buy/sell with 4 consecutive dots of the same colour or at the first pullback, whichever happens first.
And you're correct regarding the SL because SL could be as high as 100 pips or more at times on highly volatile pairs, e.g eur/jpy. but that problem could be solved if the trader has an option to choose their sl at the time of attaching the EA to a particular chart. Sorry about my English.
  • #760
  • Edited 4:45am Jan 13, 2016 4:19am | Edited 4:45am
Quoting failedbid
{quote} Here's a suggestion. How about the EA triggers a buy/sell with 4 consecutive dots of the same colour or at the first pullback, whichever happens first. And you're correct regarding the SL because SL could be as high as 100 pips or more at times on highly volatile pairs, e.g eur/jpy. butWW that problem could be solved if the trader has an option to choose their sl at the time of attaching the EA to a particular chart. Sorry about my English.
Whilst I appreciate your observation, believe me I have been down the path of well meaning amendments many times previously and it only serves to complicate things.
5 traders viewing now