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trend catching with NonLagDot indicator

  • #2,121
  • Jan 28, 2016 10:34am Jan 28, 2016 10:34am
Quoting G.S. Kasti
Hello,Mr.Lebaneese & all followers, First of all thanks to Mr.Lebaneese for giving me chance to learn how we can trade with just only one simple indicator which is NLD (NonLagDot). Today i have trade basket by my own EA which is follow by Lebanseese's Logic.Result from trade is interesting...can we trade like this-? {image}
​can u share please that EA for other traders , the one interested in trading with EA.
  • #2,122
  • Jan 28, 2016 11:12am Jan 28, 2016 11:12am
Lebaneese

No trades today. I work only London session and cant find any good set up. All good ones that you post were in Asían session, I think. Lets wait for tomorrow.


Thanks
Toni
  • #2,123
  • Jan 28, 2016 11:15am Jan 28, 2016 11:15am
Quoting forexdaist
Lebaneese No trades today. I work only London session and cant find any good set up. All good ones that you post were in Asan session, I think. Lets wait for tomorrow. Thanks Toni
​yes right , I already mentioned that , Asian session is taking all the glory .
  • #2,124
  • Jan 28, 2016 11:26am Jan 28, 2016 11:26am
Quoting G.S. Kasti
Hello,Mr.Lebaneese & all followers, First of all thanks to Mr.Lebaneese for giving me chance to learn how we can trade with just only one simple indicator which is NLD (NonLagDot). Today i have trade basket by my own EA which is follow by Lebanseese's Logic.Result from trade is interesting...can we trade like this-? {image}
Can you share your EA with us? Thanks
  • #2,125
  • Jan 28, 2016 12:03pm Jan 28, 2016 12:03pm
Quoting kalawe
{quote} Can you share your EA with us? Thanks
Did you tried the EA ?
Attached File(s)
File Type: mq4 NonLagDotEA.mq4   18 KB | 383 downloads
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #2,126
  • Jan 28, 2016 12:11pm Jan 28, 2016 12:11pm
What about when you have 2 opposite entries (sell/buy) like shown here but your broker does not allow hedging? Do you flip side when you get the second signal? or do you just continue with your first entry? thanks
  • #2,127
  • Jan 28, 2016 12:18pm Jan 28, 2016 12:18pm
Quoting kalawe
{quote} Can you share your EA with us? Thanks
http://www.forexfactory.com/showthre...92#post8699792

you can find explanations and details prepared by Dave
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #2,128
  • Jan 28, 2016 12:18pm Jan 28, 2016 12:18pm
Quoting landsat
{quote} Did you tried the EA ? {file}
I did.
I dont know why, the result is bad with strategy tester, even i use preset from dave.
Also when i put hour time, the EA cannot OP.

Did you tried the EA ? how the result ?
  • #2,129
  • Jan 28, 2016 12:20pm Jan 28, 2016 12:20pm
Quoting kalawe
{quote} I did. I dont know why, the result is bad with strategy tester, even i use preset from dave.
as its a multi currencies system i"m not sure BT are not reliable ...
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #2,130
  • Jan 28, 2016 12:25pm Jan 28, 2016 12:25pm
Quoting crixus
What about when you have 2 opposite entries (sell/buy) like shown here but your broker does not allow hedging? Do you flip side when you get the second signal? or do you just continue with your first entry? thanks
Solution:
1. closed it when there is opposite direction
2.stay until SL.
3. change your broker
  • #2,131
  • Jan 28, 2016 12:31pm Jan 28, 2016 12:31pm
Quoting landsat
{quote} as its a multi currencies system i"m not sure BT are not reliable ...
iam sure the EA is working well with BT. Because dave give preset per pair, so you can test it with "strategy tester" on one pair too.

preset is here:
http://www.forexfactory.com/showthre...48#post8684348
  • #2,132
  • Jan 28, 2016 12:39pm Jan 28, 2016 12:39pm
Quoting kalawe
{quote} iam sure the EA is working well with BT. Because dave give preset per pair, so you can test it with "strategy tester" on one pair too. preset is here: http://www.forexfactory.com/showthre...48#post8684348
Kalawe

i'm not an EA expert ... i'm not the right guy to talk to ... sorry ....ahahahah
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #2,133
  • Jan 28, 2016 1:11pm Jan 28, 2016 1:11pm
Great thread...... following with keen interest.
  • #2,134
  • Jan 28, 2016 2:03pm Jan 28, 2016 2:03pm
Quoting crixus
What about when you have 2 opposite entries (sell/buy) like shown here but your broker does not allow hedging? Do you flip side when you get the second signal? or do you just continue with your first entry? thanks
That makes it very difficult for those that have brokers who do not allow hedging (buy and sell of same pair).

There is a work around and it goes something like this. If you originally had a long position (you bought the pair) then:
1) Close your position on the opposite signal
2) Enter two pending orders. The first pending order will be a stop sale at the original SL of the long position and the second pending order will be a buy stop
at the price that the SL for the new sell signal would be.

Of course if the original position was short (you sold the pair) then the pending orders would be a buy stop at the original SL of the short position and a second pending order will be a sell stop at the price that the SL for the new buy signal would be.

It's a bit more work, but it will be the same results. Hopefully that makes sense, and again if it doesn't you can always PM me.

GREEN pips to one and all.
  • #2,135
  • Jan 28, 2016 2:04pm Jan 28, 2016 2:04pm
Quoting Royalforex16
Great thread...... following with keen interest.
Welcome to the thread.

There is a lot of information available if you take the time to read from beginning to end. It will be well worth the effort.

GREEN pips to you Good Sir.
  • #2,136
  • Jan 28, 2016 6:12pm Jan 28, 2016 6:12pm
Quoting maindfriik
{quote} Great trading, but it seems you are not using nolagdot indicator for trading is that correct ? I looked at the entry times and the market conditions.
Partly correct. NLD proved to be a very effective visual aid, complementing my own trading style, but that's as far as it goes. I do pay attention to how it 'flows' before placing an order, but there are other things, such as: current price action, higher time frames, ATR, pivots, the time of the day, news, correlations, etc., that I ultimately base my trading decisions on.

Hope it helps.
mind over matter
  • #2,137
  • Jan 28, 2016 6:16pm Jan 28, 2016 6:16pm
Quoting pabuuu
{quote} very good job, I'm impressed. That's my so far today all together with 2 SL (one CADJPY and one EURUSD) {image}
As green as your beautiful island.
Keep it up!
mind over matter
  • #2,138
  • Edited 8:18pm Jan 28, 2016 8:17pm | Edited 8:18pm
Only demo but just lending some support to the idea of using M5 to get moves that are fresh. Using M30 for direction.

Attached Image (click to enlarge)
Click to Enlarge Name: EurJpy M5.gif Size: 25 KB
Good Trading
  • #2,139
  • Jan 28, 2016 8:21pm Jan 28, 2016 8:21pm
Quoting aud
Only demo but just lending some support to the idea of using M5 to get moves that are fresh. Using M30 for direction. {image}
Perfect setup and nice move.

Hats off and GREEN pips to you Good Sir.
  • #2,140
  • Jan 28, 2016 8:27pm Jan 28, 2016 8:27pm
Quoting crixus
What about when you have 2 opposite entries (sell/buy) like shown here but your broker does not allow hedging? Do you flip side when you get the second signal? or do you just continue with your first entry? thanks
Nothing wrong with any of the answers above, but for a different point of view - Lebaneese has not yet said how he reads PA to filter trades, but I think you should know which direction you intend to trade before looking for trades.
Good Trading
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