trend catching with NonLagDot indicator

Quoting Lebaneese

Disliked

{quote} ​pipcat u have to define the main trend first on 4H than u will go with daily open. in one day usually we take one direction, not always we take 2 opposite positions in 1 day. I see in your examples many opposite trades, unless you are trading your style.

Ignored

Quoting Lebaneese

Disliked

{quote} ​I will give u better advice , when u are trading post your entries and trades than we will see the mistakes and will analyse your entries. I could go to minus 2000$ but will continue trading until I catch the right entry.

Ignored

Quoting pawelfx

Disliked

{quote} I would really like to do this(post my entries), but I trade during my job, so I dont have much time to do screenshots and post them on the forum. Thank you for answer about DD. PS I am not coder, so could some one amend NoNLagDot idnicator to give alerts and sound...

Ignored

Quoting pawelfx

Disliked

{quote} I would really like to do this(post my entries), but I trade during my job, so I dont have much time to do screenshots and post them on the forum. Thank you for answer about DD. PS I am not coder, so could some one amend NoNLagDot idnicator to give alerts and sound in following manner: Let say last dot was blue, new candle start and after some time dot changes its colour to red(but before candle close), NonLagDot give us an alert about colour change. If before candle close dot change its colour back to blue NonLagDot do not give...

Ignored

Quoting pawelfx

Disliked

{quote} I would really like to do this(post my entries), but I trade during my job, so I dont have much time to do screenshots and post them on the forum. Thank you for answer about DD. PS I am not coder, so could some one amend NoNLagDot idnicator to give alerts and sound in following manner: Let say last dot was blue, new candle start and after some time dot changes its colour to red(but before candle close), NonLagDot give us an alert about colour change. If before candle close dot change its colour back to blue NonLagDot do not give...

Ignored

Quoting mrhigurashi

Disliked

{quote} Myself i do not use this indicator for setting TP or SL. I just uploaded as people where asking for one and i happened to have one. I look for TP by using previous daily open prices. Its a different method to most people on here but it works for me and im fairly confident with it. Generally my TP is not hit though as i manually trail with my SL each time a level i have marked out is broken. Its a little bit different to the norm but like i said, works for me.

Ignored

Quoting happytrade38

Disliked

{quote} Hi mr, what if the trend continues from previous day, so where do you put your TP? Regarding your SL trailing, you would adjust as long as new HL/LH appear?

Ignored

Quoting mrhigurashi

Disliked

{quote} I will keep following the trend by moving my TP and manually trailing SL. As said in one of my previous post i trail the SL by moving it to the break of each level i have. If the level is broken i move the SL to just above/below the break candle. In this case i had gone to bed so my TP,s where hit. But they were all 100 pips away from entry.

Ignored

Quoting happytrade38

Disliked

{quote} Hi mr, is the "level" you mentioned is S/R or pivot S/R?

Ignored

Quoting mrhigurashi

Disliked

{quote} I use previous daily open prices as my levels. However i will not ignore a strong S/R if it is not one of my selected levels.

Ignored

Quoting suefx

Disliked

{quote} Hello all. mrhigurashi, in your trades are you taking in consideration the multi meter to filtrate trades? or are you using something else? Thanks!

Ignored

Quoting mrhigurashi

Disliked

{quote} I have been using 20 and 50 SMA. But am looking at multi meter to compare what works best.

Ignored

Quoting suefx

Disliked

{quote} See for example, developing right now The multimeter H4 is green, but 30MNS and 1HR are red Can you let me know how are you using the SMA 20 and 50? Thanks. {image}

Ignored

Quoting mrhigurashi

Disliked

{quote} I believe the idea of the strategy proposed is to say that if the 4hr multimeter is green, above the daily open price and the daily trend is positive then buy. Reversal for sell. So it does not take into consideration the 1hr or 30min multimeter. Why? Because these are short term trends where the 4hr is a longer term trend. If you look at the current 4hr chart for EURJPY you will see that this could just be a pull back and about to set up a buy opportunity on the 4hr chart. So if im correct, in this case that the EURJPY currently is no trade....

Ignored

Quoting mrhigurashi

Disliked

Big reversal about to happen? Or is UJ about to break its range? Either way, lets be ready to catch it! {image}

Ignored

Quoting suefx

Disliked

{quote} Yes I know and your are correct. Thanks mrhigurashi. I am using 3MA (as moving or dynamic pivots) the black is 48 representing the daily in 30 MNS the yellow is 240 representing the weekly in 30 MNS the aqua is 1056 representing the monthly in 30MNS On EUR/JPY I see the black one below daily pivot, so for now the short trend is going down the yellow one (the weekly is above the weekly pivot) so the weekly trend is up the aqua is below the monthly pivot, so the monthly trend line is down Maybe this could help. Happy Trading to all!

Ignored