trend catching with NonLagDot indicator

Quoting crixus

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{quote} I agree with you it is just that i am trying to evaluate this system and in so doing i want to make sure i use the same heuristics as the author. So far i find the system's description somewhat vague in certain areas. The entry is clear but all the rest of the qualifiers are fuzzy at best. When i read you need to read price in the current developing context, i totally agree with that but if i can do it well why would i need the Non Lag Dot when the most important factors are the parts of the iceberg (read system) below the waterline? Here...

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Quoting kosmo

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Here's what you get when you combine simple market logic (which this system is based on, i.e.: impulse => pullback => continuation), with good timing, price action, daily trend, favourable market sentiment (strong vs. weak currencies) and momentum. {image} {image} 110 pips in less than 1 hour, with combined max DD of less than 10 pips. All three trades still going strong, but I've already got what I came for. Another green week in the pocket. The charts below illustrate the logic behind my entries and the actual trades taken. Nothing new - just...

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Quoting kosmo

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Here's what you get when you combine simple market logic (which this system is based on, i.e.: impulse => pullback => continuation)....

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Quoting wrapocs

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my gbp/usd trade in london time, missed confirmed nonlag entry but find nonlag way renko chart entry exited from my 2. pos for mee looks to high risk to hold {image} {image}

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Quoting crixus

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{quote} Don't want to turn anybody off but you are showing a different system than what is presented in the first post which is confusing.

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Quoting kosmo

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{quote} Feel free to take it or leave it. "you are free to trade as u like" (by Lebaneese here) "It just goes to prove that it [NonLagDot] is a tool, and like many tools can can be used for more than one thing (a hammer can both pound a nail into lumber, and remove a bent nail from lumber). An expert or artist using a tool can make it look effortless (the great sculptors with their hammer and chisel), but in the hands of an armature it can quick become destructive (a hammer...

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Quoting Lebaneese

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{quote} ​Our Lady totally agreed , but u are not helping or explaining , you are only posting results. That's good , but sharing more information could be useful more for our traders. U can post entry point , or signals or anything can help. Hope not asking much , and may green pips stay always to your side.

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Quoting G.S. Kasti

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Hello All, This is 3rd basket closed from yesterday & today's second(below blue highlight) by EA(K-NLD-EA). with interesting results:.. {image}

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Quoting L.m

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Hello all, here some personal considerations. Though I agree with the principle of "trade your own way", I think it would be better not to post trades that are not relevant with the thread. If I want to learn a different system, well there's a lot of material, so in order not to make confusion I'd stick to the NLD entries. I took the Oil chart, that I don't trade, to show how I filter the trades, hoping someone might find it helpful. Entry 1: as others pointed out, once the price bounces off the round number, moving SL to BE is just the minimum....

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Quoting landsat

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{quote} about your entry 3: is this the rule you are referring to ? :- so if color changed just to red to blue and the candle is bearish, wait another candle as bearish. Very interesting points .... thanks for sharing

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Quoting L.m

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{quote} The filter is applied to entry #2. It's not the color of the dot, it is where the retracement candle closes that is important.

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