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trend catching with NonLagDot indicator

  • #1,041
  • Jan 16, 2016 9:03pm Jan 16, 2016 9:03pm
Quoting Lebaneese
{quote} So why inventing bicycle while I already have one.
yes ,NLD is more precise. I like it.
  • #1,042
  • Edited 4:45am Jan 17, 2016 3:59am | Edited 4:45am
Quoting SmoothTrader
Here is my personal analysis (which definitely is not gospel): {image} Assuming ALL trading setups will be taken, no matter during what trading period. 11 setups 6 confirmed trades (1, 4, 6, 8, 9, 10) Trade # 1 was stale with over 300 pip rise before the 1st bear candle - probably wouldn't have taken it. Stop would be 150 pips away! Trade # 9 was over 200 pip rise and almost total retrace of 160 pips - probably wouldn't have taken it. Trade # 10 the Stop Loss would be over 100 pips away - probably wouldn't have taken it 2 trades that had over 50...

Correction:
#1 is not confirm trades because the Colour is not change.
  • #1,043
  • Jan 17, 2016 4:08am Jan 17, 2016 4:08am
Hi did anyone know if we can have this indicator on smartphone mt4 app? So it can be great for part timer trader? What do u think??
  • #1,044
  • Jan 17, 2016 5:22am Jan 17, 2016 5:22am
Quoting SmoothTrader
The market is closed, so in the spirit of Mr. Lebaneese teaching us by example I have attached a chart of a none trending choppy market. Your home work is to figure out all of the setups, see which one's got triggered, and see what the resulting profit/loss would be for this 2 day period. Have fun learning, and the GREEN pips will follow. {image} hint: there are lots of setups, but not many trades.
​First Smooth we don't trade each pair alone but even if we did it the result would be for sure plus or worst case BE.
Check my signals and comment please.
Attached Image (click to enlarge)
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  • #1,045
  • Jan 17, 2016 5:25am Jan 17, 2016 5:25am
Quoting Ntim2000
Hi did anyone know if we can have this indicator on smartphone mt4 app? So it can be great for part timer trader? What do u think??
custome indicator for smartphone mt4 app is not yet.

solution : you can use VPS and access from mobile using remote desktop client. Also get email notify to your phone when color change.
  • #1,046
  • Jan 17, 2016 6:32am Jan 17, 2016 6:32am
Quoting SmoothTrader
Enjoy. Here is a pdf file that I created with the system described in Mr. Lebaneese's own words and with plenty of examples. I would suggest printing it out and writing notes in the margins. GREEN pips to one and all. {image}
​
Mr. Lebaneese
Mr. SmoothTrader

I am interesting system.

Thanks

Working,to be the best !
  • #1,047
  • Jan 17, 2016 10:09am Jan 17, 2016 10:09am
For everyone that took a look at my example of a non-trending market and tried to pick out what were and were not trades, great. It was meant to do two things.

Firstly, it was meant to show that even in a choppy non-trending market there is very little damage done to the account, with the full knowledge that the other trades in the basket would have covered those losses and more because we trade baskets - NOT pairs.

Secondly, it's always good to train your eyes to see not only setups, but the market as a whole. Not every setup is a trade, due to over-extended stale moves, never reaching the pending order level, and changing directions. Don't force any trade because 9 times out of 10 it will get you in trouble. All the many many examples that Mr. Lebaneese gives on a daily basis are proof that the market will give you the opportunity to take quality setups and trades.

It's not long until a new trading week begins. I hope that everyone is enjoying the relaxing and rejuvenating effects that time away from the market with friends, family, and loved ones have to offer.

May GREEN pips fill not only your account, but also your life.
  • #1,048
  • Jan 17, 2016 11:37am Jan 17, 2016 11:37am
Mr Smooth trader,

I have to questions for you, firstly are you a full time trader and secondly, what session do you trade IE London, Asian or Us?

Thanks in advance.
  • #1,049
  • Jan 17, 2016 1:50pm Jan 17, 2016 1:50pm
Quoting bigbadwolf74
Mr Smooth trader, I have to questions for you, firstly are you a full time trader and secondly, what session do you trade IE London, Asian or Us? Thanks in advance.
I am a full-time trader based in the USA. I trade during all three sessions,but I prefer the Asian and London sessions. If you have any more personal questions, please PM me so I don't clutter up Mr Lebaneese's great thread.GREEN pips to you my friend.
  • #1,050
  • Jan 17, 2016 2:11pm Jan 17, 2016 2:11pm
Quoting SmoothTrader
For everyone that took a look at my example of a non-trending market and tried to pick out what were and were not trades, great. It was meant to do two things. Firstly, it was meant to show that even in a choppy non-trending market there is very little damage done to the account, with the full knowledge that the other trades in the basket would have covered those losses and more because we trade baskets - NOT pairs. Secondly, it's always good to train your eyes to see not only setups, but the market as a whole. Not every setup is a trade, due to...
Your PDF for set ups that you had sent in other thread is very helpful. thanks for all the hard work.
  • #1,051
  • Jan 17, 2016 4:39pm Jan 17, 2016 4:39pm
set n forget, interesting
  • #1,052
  • Jan 17, 2016 7:11pm Jan 17, 2016 7:11pm
Quoting kalawe
{quote} custome indicator for smartphone mt4 app is not yet. solution : you can use VPS and access from mobile using remote desktop client. Also get email notify to your phone when color change.
hello Kalawe,
how to set to get email when color dot change? sorry for newbie ask.
  • #1,053
  • Jan 17, 2016 7:24pm Jan 17, 2016 7:24pm
GU 30 : buy now
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  • #1,054
  • Jan 17, 2016 7:35pm Jan 17, 2016 7:35pm
eurjpy30 : buy now
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  • #1,055
  • Jan 17, 2016 7:51pm Jan 17, 2016 7:51pm
Quoting anzip
{quote} hello Kalawe, how to set to get email when color dot change? sorry for newbie ask.
Iam using similiar indicator with the same result. This indicator can send email when colour change.
I will share if lebaneese allow me to share in this thread.

Btw: You must buy VPS , install mt4 on vps and upload all indicator to mt4 vps ,
set & enable email on mt4 (vps) : tool - option - email.
  • #1,056
  • Jan 17, 2016 9:10pm Jan 17, 2016 9:10pm
EURUSD 30 sell now...sorry no capture.
  • #1,057
  • Jan 17, 2016 9:16pm Jan 17, 2016 9:16pm
Quoting Lebaneese
...
Thank you. Could you please talk a little bit more about when you decide to move your stop to BE?
And may I ask if you take news into consideration? The single exposure might not be high while trading a basket but I would still avoid the 2 or 3 big news every month.
  • #1,058
  • Jan 17, 2016 11:14pm Jan 17, 2016 11:14pm
Good morning all, wishing you a good trading week.
  • #1,059
  • Jan 17, 2016 11:19pm Jan 17, 2016 11:19pm
Quoting Kilian19
{quote} Thank you. Could you please talk a little bit more about when you decide to move your stop to BE? And may I ask if you take news into consideration? The single exposure might not be high while trading a basket but I would still avoid the 2 or 3 big news every month.
​Kilian if trading many pairs in a basket some are in minus others in plus , I don't touch the basket, I leave it alone until it give me my weekly target.
When I trade one or two pairs and both went in some 50 plus pips I move SL to BE.
Traders MM is up to each trader so try to find your own, mine isn't the perfect one but suit for me, search yours.
  • #1,060
  • Jan 18, 2016 12:22am Jan 18, 2016 12:22am
Pending Sell on E/J:

GREEN pips to one and all.

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