trend catching with NonLagDot indicator

Hi Lebaneese,
Thanks for sharing this trading strategy. How do you determine the take profit level.
Also can you post the indicators for the Arrows and extra dots on your chart in post 3421.
Many thanks.

I am happy to see some charts here, and nice to see profitable traders also . Keep posting charts to help other traders.

Hi pundit78
You can share the indicator that separates market openings?
Thank you very much!!

gj had a slow start, but picked up in Asia session.

g chf just started.

aj waiting for signal.

e j big move that I didn't take because the trend left to right on 30m 1h and 4h was up. No problem, I found other good trades.

Hi all,

For some of those here who don't trade baskets and have trouble with placing their TP, i have found something that may help. This indicator draws lines on the chart of specific round numbers. You can set the value of the distance between the lines and it will draw major and minor lines for the price levels.

So for example, the chart below is GBPJPY, It has a setting of 500 so it will draw the lines at 500 point intervals. So the chart shows the lines at prices 162.000, 161.500 and 161.000. You can choose to be conservative or aggressive and increase or decrease the size.

The indicator is actually from a price action trading strategy and it is not uncommon for price to react at these round number prices. It seems especially helpful in choppy markets and can also help you to determine the top and or bottom. The pic below of yesterdays GBPJPY is a good example.

And because they are just price points, they never change... always the same.

Here it is

EJ TP hit.

Pips +32

Hello Guys,

I do not have the arrows that appear on your charts, any ideas why. The dots are showing but no arrows for entry.

Let me know.

Senan

Do you have the NonLagAlerts Indi? If not you can find it on post #1

EURCHF closed manually

+11

Hi Guys, got the arrows now. No short above the DO line and no buy below the DO if I am not mistaken.

Thank you

Senan

EU closed +20

I see today most of the traders took the good entries
EU , EJ , GJ

Hi P, where can I find the source of the various TFs indicator on the top left portion of the chart?

SL hit cadjpy

-36.. it should have been closed at -26 after 2 red dots.

pundit you cant buy while market move was bearish , u didn't check for sure 4H nonlagdot before taking this trade .​

Yes Lebaneese, thats correct, but even in Eurochf 4H was red when I took the trade but it hit the TP.

I will check all possible entries demo before going live.