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trend catching with NonLagDot indicator

  • #2,841
  • Feb 24, 2016 6:18pm Feb 24, 2016 6:18pm
Anyone wanting help with SL/TP and or Entry, i can only share how i trade. There are a few different styles on here but this is mine and works well for me.
I do not trade baskets. I watch 12 pairs and trade what opportunities i see. I sue the nonlagdot as my main signal but with one or two other basic things for filters. The reason is simple. With these simple tools my trades have become much more profitable.
First step: I look for strong support resistance levels and mark them on the chart.
Second Step: I add a 20 and 50 SMA.
Third Step: Actually first step, but i add the nonlagdot indicator.

I originally traded daily reversal points and was doing well but was getting a little bored with just one or two trades per day. And was a little frustrating when i saw a nice trend and was unable to get in due to my trading style. So i begun to trade with the nonlagdot and improved my trend trading. So now i trade on both trends and reversals.

As for trading, i look for one of two things. When i get a nonlagdot signal i look to see where the price is. If i dont like the level then i ignore and wait for the next signal. I trade on the 15min chart. Just because i have been using the 15min chart for a long time and i feel comfortable with it. But my way will work fine on 30 min chart as well. I also only choose pairs i have good spread with. Nothing worse then having an order hit by the spread....Very frustrating

I like to see either price following the daily trend and give me a nice pullback bellow or above the 20SMA with the 50 SMA above or below respectively.
The other is i look for reversals off major support resistance.

As for TP, I set at the net major support/resistance. But when price gets close i will move the TP to the next. If the price breaks through the support/resistance i move my SL to below/above the candle that broke out.

Anyway, this is how i trade with this signal. It may sound complicated but it is not. If you understand basic support/resistance and trend following then its very simple way to trade.

Green pips to you all
Attached Image (click to enlarge)
Click to Enlarge Name: chart.png Size: 51 KB
  • #2,842
  • Feb 25, 2016 6:05am Feb 25, 2016 6:05am
Lebaneese thanks for your work here it's very informative!
  • #2,843
  • Feb 25, 2016 9:09am Feb 25, 2016 9:09am
my today basket with nld ea
green pips for all
Attached Image (click to enlarge)
Click to Enlarge Name: today.jpg Size: 1.4 MB
  • #2,844
  • Feb 25, 2016 9:17am Feb 25, 2016 9:17am
Quoting wrapocs
my today basket with nld ea green pips for all {image}
-187 that loss nearly wiped all your profits
  • #2,845
  • Feb 25, 2016 9:48am Feb 25, 2016 9:48am
Quoting L1ndgren
{quote} -187 that loss nearly wiped all your profits
Thats a lot of risk for a very small reward. Im guessing its a demo account.
  • #2,846
  • Edited 11:27am Feb 26, 2016 11:10am | Edited 11:27am
This is SCALPER Preset for: NonLagDotEA - H1 H4 D1 kalawe mod.ex4

This set is for:
-If you are scalper.
-If you miss the first wave of big TREND and want to jump-in or re-enter the trend.
-if strong Trend with no reversal candle on M30, so you miss the trend.


How to:
1.Determine the trending pair (important).
2.Attach on M15.
3.Load the set.
4.Change SL & TP depend on pair or your preferences.
5.Remove EA after trend is over.

Note:
-This is filter by : NLD H1- NLD H4 - Daily candle.
-M5 to many colour change, we need retrace candle with same colour (M15 is the best for scalping with this EA)

Attached File(s)
File Type: zip scalping set Nonlagdotl EA.zip   26 KB | 432 downloads


Attached Image (click to enlarge)
Click to Enlarge Name: RE enter set.jpg Size: 275 KB
Attached File(s)
File Type: ex4 NonLagDotEA - H1 H4 D1 kalawe mod.ex4   26 KB | 373 downloads
  • #2,847
  • Feb 26, 2016 12:17pm Feb 26, 2016 12:17pm
This is EA nonlagdot kalawe mod version 1.1
I modded EA by Arasal so profitable.
Its already on set and go.



Warning:
-Start Hour setting is for server GMT 0 , change according your server time (important).
Sample: if your server time using GMT 2 , then Start hour is : 9.
-Worked & tested only for GU M30.
if you want to more profit: Just ATTACH on more GU M30 with different magic number or Up the lot.


Test on DEMO account first.
Enjoy

Attached File(s)
File Type: ex4 NonLagDotEA - H1 H4 D1 kalawe mod V1.1.ex4   28 KB | 486 downloads


Attached Image (click to enlarge)
Click to Enlarge Name: kalawe mod.jpg Size: 106 KB
  • #2,848
  • Feb 26, 2016 3:25pm Feb 26, 2016 3:25pm
Quoting kalawe
This is EA nonlagdot kalawe mod version 1.1...

How do you get your server time GMT in MT4? I have checked the options and could not find it. Sorry for asking such a very basic Q. but MT4 is not my main platform these days.
  • #2,849
  • Feb 26, 2016 8:17pm Feb 26, 2016 8:17pm
Quoting crixus
{quote} How do you get your server time GMT in MT4? I have checked the options and could not find it. Sorry for asking such a very basic Q. but MT4 is not my main platform these days.

Ask your broker.
  • #2,850
  • Feb 26, 2016 9:04pm Feb 26, 2016 9:04pm
Quoting crixus
{quote} How do you get your server time GMT in MT4? I have checked the options and could not find it. Sorry for asking such a very basic Q. but MT4 is not my main platform these days.
Mt4 doesn't have the native ability to set to your local time.

MT4 uses the time data from your where your broker's server is located.
Trade with confidence, trade without fear.
  • #2,851
  • Feb 27, 2016 9:13am Feb 27, 2016 9:13am
Hello all,
I will describe how was my week with this system(not EA).

Monday 22/02:
+200 pips.

Easy day, i reach this with 5-6 trades and all goes very well.

Tuesday 23/02:
-110 pips.

Here the real world comes to punch me, i made a lot of mistakes, I usually sleep while trading and the majority of trade are without stoploss, you already should know what happened. Theres no positive trade that help when your negatives trades falling down without stoploss.

Wednesday 24/02:
-300 pips.

Oh yeah, I'm not sure if I should talk about this day, opened 3 wrong trades without stoploss and in total there were 16 trades that day. This is not trading,i just wanted to see the strength of this system and evaluate the MM should I do.

Until now, these 3 days were operating whit basket system.
I have 5 hours to make trades before work, so, sometimes the basket are broken because i have to go. Now is time to thanks schun for share his EMAS, i begun to trade with two brokers one with basket + EMA and other with Take profit + EMA.

Thursday 25/02:
Basket+EMA:
+106 pips.

TP+EMA(+- schun strategy):
+200 pips.

I have opened basicly the same trades but, the basket has closed when i had to work, and the other broker i set the take profit for the opened trades.

Friday 26/02:
Basket+EMA:
+26 pips.

TP+EMA:
+69 pips.

Here i had trade with Stop losses(max 40pips), and setting my take profits above/below the suport/resistence lines.

I dont know if next week i will be here, normally i fucked up and give up, but before that i wanna thanks Leebanese for sharing your knowledge , this system make a bunch of pips but maybe my MM is to poor to do that, next week im gona trade more conscious with TP/SL.

Thanks.
  • #2,852
  • Feb 27, 2016 7:53pm Feb 27, 2016 7:53pm
[quote= Now is time to thanks schun for share his EMAS, i begun to trade with two brokers one with basket + EMA and other with Take profit + EMA. Thursday 25/02: Basket+EMA: +106 pips. TP+EMA(+- schun strategy):[/quote]

Hi Zirbes, can you share where I can find schun strategy.....thanks
  • #2,853
  • Feb 28, 2016 1:41am Feb 28, 2016 1:41am
Presumably he means "Shum" (schun ?) here: http://www.forexfactory.com/shum
  • #2,854
  • Feb 28, 2016 3:38am Feb 28, 2016 3:38am
Quoting Zirbes
Hello all, I will describe how was my week with this system(not EA). Monday 22/02: +200 pips. Easy day, i reach this with 5-6 trades and all goes very well. Tuesday 23/02: -110 pips. Here the real world comes to punch me, i made a lot of mistakes, I usually sleep while trading and the majority of trade are without stoploss, you already should know what happened. Theres no positive trade that help when your negatives trades falling down without stoploss. Wednesday 24/02: -300 pips. Oh yeah, I'm not sure if I should talk about this day, opened 3 wrong...
mate, i dont use EMA, i use SMA (simple, close).
i steel colecting pips from this strategy.
  • #2,855
  • Feb 28, 2016 3:56am Feb 28, 2016 3:56am
hi all, i have experienced 2-3 bars repainting on this NLD indicator. While all dots are red, the price went two bullish candle painting 2 blue dots and then the next bearish candle closing below the 2 bullish candle repainted the two blue dots to change to red dots. Anyone has this experience? Maybe only me. Thanks!
  • #2,856
  • Feb 28, 2016 10:13am Feb 28, 2016 10:13am
Quoting shum
{quote} mate, i dont use EMA, i use SMA (simple, close). i steel colecting pips from this strategy.
Sorry, SMA not EMA.
  • #2,857
  • Feb 28, 2016 2:23pm Feb 28, 2016 2:23pm
Quoting mario777
hi all, i have experienced 2-3 bars repainting on this NLD indicator. While all dots are red, the price went two bullish candle painting 2 blue dots and then the next bearish candle closing below the 2 bullish candle repainted the two blue dots to change to red dots. Anyone has this experience? Maybe only me. Thanks!
What are your indicator settings?
Quoting Lebaneese
{quote} No ColorBarBack should be 0 if u want a non repainting indicator. At 2 mean that last 2 dots will repaint.
  • #2,858
  • Feb 28, 2016 11:19pm Feb 28, 2016 11:19pm
Quoting mario777
hi all, i have experienced 2-3 bars repainting on this NLD indicator. While all dots are red, the price went two bullish candle painting 2 blue dots and then the next bearish candle closing below the 2 bullish candle repainted the two blue dots to change to red dots. Anyone has this experience? Maybe only me. Thanks!
​Mario u have to fix your indicator settings, colorbarback should be 0 not 2 . in ur case if it is repaiting 2 previous bar mean u set it 2. Change it to 0 and problem fixed.
  • #2,859
  • Feb 29, 2016 10:11am Feb 29, 2016 10:11am
this week I will start posting trades with filtration , will try to see the difference in results and of course I need your help.
Filtration rules will be :
1- trading with 4h direction.
2-trading with daily candle direction or daily open.
Doing that to help others to trade systematically without using self skill and market reading.
  • #2,860
  • Feb 29, 2016 10:15am Feb 29, 2016 10:15am
will give u an example to be more clear how we will try to filtrate trades.
today EU
4H nonlagdot was red which mean trend still down
price below daily open which mean daily candle down
so we search for sell signal on M30
but in this case for me I wouldn't take it because the signal was bit late ( it was very low an far from top)
but that was just an example how we will minimise our entries and try to filtrate them.
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