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trend catching with NonLagDot indicator

  • #3,381
  • Mar 22, 2016 12:28am Mar 22, 2016 12:28am
Quoting Lebaneese
UJ buy {image}
Your post #3360

Lebaneese can you tell your thinking for buying here? I didn't take the trigger because it was buying below the D.O. without much head room. I notice it worked well for your basket trading.
Good Trading
  • #3,382
  • Mar 22, 2016 12:34am Mar 22, 2016 12:34am
Quoting aud
{quote} Your post #3360 Lebaneese can you tell your thinking for buying here? I didn't take the trigger because it was buying below the D.O. without much head room. I notice it worked well for your basket trading.
Hi aud , sometimes u can break some rules, but here in this case it was fresh trend start on 4H , and it was bottoming , plus my basket was already formed so I can add easily without hesitation.
  • #3,383
  • Mar 22, 2016 2:02am Mar 22, 2016 2:02am
Quoting Lebaneese
{quote} Hi aud , sometimes u can break some rules, but here in this case it was fresh trend start on 4H , and it was bottoming , plus my basket was already formed so I can add easily without hesitation.
how can we trade in the ranging market.
When the market is ranging,it can make many mistakes when you just follow the singal arrow?Thank you
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  • #3,384
  • Mar 22, 2016 2:19am Mar 22, 2016 2:19am
Quoting leescofield
{quote}how can we trade in the ranging market. When the market is ranging,it can make many mistakes when you just follow the singal arrow?Thank you {image}
As per the tittle, The NonLagDot indicator is designed for catching trends. So if price is ranging then dont trade until it breaks out. The strategy can be used for trading reversals etc as well but generally its for trends.

However being specific, looking at the chart image you show, none of those trades would have been triggered anyway.
  • #3,385
  • Mar 22, 2016 3:13am Mar 22, 2016 3:13am
Quoting leescofield
{quote}how can we trade in the ranging market. When the market is ranging,it can make many mistakes when you just follow the singal arrow?Thank you {image}
​if u cant filtrate them with market reading u have to follow the main trend , or use what other traders are using 4H nonlagdot color with daily direction candle.
  • #3,386
  • Mar 22, 2016 3:28am Mar 22, 2016 3:28am
Quoting Lebaneese
{quote} ​if u cant filtrate them with market reading u have to follow the main trend , or use what other traders are using 4H nonlagdot color with daily direction candle.
Just like this？IF daily candle direction is bullish then no sell order，only open buy orders above daily open line.]
I began to know your trading time is good,very big move.
And next i am going to learn MM,Very grateful!
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Attached Image
  • #3,387
  • Mar 22, 2016 3:36am Mar 22, 2016 3:36am
Quoting mrhigurashi
{quote} As per the tittle, The NonLagDot indicator is designed for catching trends. So if price is ranging then dont trade until it breaks out. The strategy can be used for trading reversals etc as well but generally its for trends. However being specific, looking at the chart image you show, none of those trades would have been triggered anyway.
Thank you.Now I am trying combine two system together.See if there will works.
  • #3,388
  • Mar 22, 2016 3:51am Mar 22, 2016 3:51am
Anyone else riding this beautiful ride?
Attached Image (click to enlarge)
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  • #3,389
  • Mar 22, 2016 5:29am Mar 22, 2016 5:29am
Quoting mrhigurashi
Anyone else riding this beautiful ride? {image}

Hi mrhigurashi,

Most of the pairs made good movement.

The real King was the US dollar.
Attached Image (click to enlarge)
Click to Enlarge Name: USDXH1 03 22 2016.png Size: 33 KB
  • #3,390
  • Mar 22, 2016 5:36am Mar 22, 2016 5:36am
Quoting suefx
{quote} Hi mrhigurashi, Most of the pairs made good movement. The real King was the US dollar. {image}
USD/JPY 30MNS

Nonlagdot signal.

Retracement to fib 50%

Also it respects the trendline.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM30 03 22 2016.png Size: 40 KB
  • #3,391
  • Mar 22, 2016 5:57am Mar 22, 2016 5:57am
Quoting suefx
{quote} USD/JPY 30MNS Nonlagdot signal. Retracement to fib 50% Also it respects the trendline. {image}
Yeah they sure did. Didn't catch all of them though. Well done to you.

By the way pretty charts LOL
  • #3,392
  • Mar 22, 2016 6:02am Mar 22, 2016 6:02am
Quoting mrhigurashi
{quote} Yeah they sure did. Didn't catch all of them though. Well done to you. By the way pretty charts LOL
Thankyou. Congrats to you too

I only took the the GBP/USD and the USD/JPY

I was away when the movement started.
  • #3,393
  • Mar 22, 2016 8:03am Mar 22, 2016 8:03am
Quoting suefx
{quote} Thankyou. Congrats to you too I only took the the GBP/USD and the USD/JPY I was away when the movement started.
May I ask how many trade do you take per pair？
  • #3,394
  • Mar 22, 2016 8:26am Mar 22, 2016 8:26am
Quoting leescofield
{quote} May I ask how many trade do you take per pair？

Hi leescofield,

What's important to me is how many pips I am willing to risk in order to gain,
because you can take just one trade risking about $50 or you can take 2 trades risking just $25 in each one.

Also the amount of trades in each pair you can divide it making small trades as your broker allow: microlots or minilots.

I just make my position bigger just if the pair is trending, I search for a retracement.

See the attached template for example.

Hope this could help.
Attached Image (click to enlarge)
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  • #3,395
  • Mar 22, 2016 9:38am Mar 22, 2016 9:38am
Quoting suefx
{quote} Hi Brittanyfx, ATR is the one you can use to exit the trade. In the example ATR 19: you could multiply 19 X 3 or 4 and the result is the number of pips each trade have the possibility to run. Do not know which ATR is the one that Lebaneese use, sorry. Hope this can help.
I do not understand. Why you must be multiplied by 3 or 4? Where I can get the indicator? Why 960?
Thank you very much!!
  • #3,396
  • Mar 22, 2016 9:54am Mar 22, 2016 9:54am
Quoting Brittanyfx
{quote} I do not understand. Why you must be multiplied by 3 or 4? Where I can get the indicator? Why 960? Thank you very much!!


Hi Brittanyfx,


You can find the indi on your mt4 under Oscillators, 'Average True Range' (ATR).

Why multiply the ATR number by 3 or 4, to calculate the number of pips that a trade can run? I believe that is the way Lebaneese use it, please verify with him. I use the ATR number to have an average number of pips. For my exit most of the time I use the candles, when it start retracing I close the trade, alternatively you can close just part of the trade and let it run the other part.

Why Lebaneese use 960, do not know.

Hope this can help.
  • #3,397
  • Mar 22, 2016 10:17am Mar 22, 2016 10:17am
Quoting Brittanyfx
{quote} I do not understand. Why you must be multiplied by 3 or 4? Where I can get the indicator? Why 960? Thank you very much!!
First,you should know what is ATR.
Here you are.The same function as Leban's ATR Indicator even with spread,range
Attached Image
Attached File(s)
File Type: ex4 BidRatio.ex4   11 KB | 203 downloads
  • #3,398
  • Mar 22, 2016 10:41am Mar 22, 2016 10:41am
Do You have indi that shows daily open like on Labanesse charts?
  • #3,399
  • Mar 22, 2016 10:45am Mar 22, 2016 10:45am
See my previous post
  • #3,400
  • Mar 22, 2016 11:08am Mar 22, 2016 11:08am
Quoting vera
{quote} i finished my weekly target in day and a half. 1000$ to 3000$. it's time for withdraw and crazy 3 days {image} {image} {image}

please load your indicator

thanks
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