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trend catching with NonLagDot indicator

  • #3,761
  • Apr 14, 2016 3:47am Apr 14, 2016 3:47am
Quoting fxenthusiast
I have sell stop pending order GJ : {image}
Result:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM30.png Size: 70 KB
  • #3,762
  • Apr 14, 2016 4:17am Apr 14, 2016 4:17am
Quoting aud
{quote} If you are going to do a 3rd "pill", what do you think of making it optional. That is if we select to show "pills" let us enter 1, 2 or 3 time frames. Thanks for your work on these indi.
i think also that the third pill could be optional , i am currently trying to reduce the memory consumption of the charts , without success for the moment, so i think i will post an update this week end with the third pill option.
  • #3,763
  • Apr 14, 2016 5:18am Apr 14, 2016 5:18am
Today I am off because there is a lot of news today. So it is good day to ask some questions to Labanesse.
You said that Your weekly target is 1000$ and You don't look at each positions but You close all positions when profit is good. Thats how I understood.
And now, what RR You usually use? Because sometimes closing 5 pairs at sum +1000$ can be RR 1:1 or less. It's no problem when You have good % of profit setups but what in case when Your profitability is more less 50%? Than Your account is all the time on this same level.
I will be grateful for exhausting answer.
Thanks
  • #3,764
  • Apr 14, 2016 7:47am Apr 14, 2016 7:47am
Ucad

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  • #3,765
  • Apr 14, 2016 8:12am Apr 14, 2016 8:12am
nice setup i missed. i was busy working that time

AU buy
GU sell
Attached Image(s) (click to enlarge)
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  • #3,766
  • Apr 14, 2016 4:19pm Apr 14, 2016 4:19pm
It would be interesting to modify the "NoLagAlerts_Single_v2_4" and combine it with "NonLagDot MultiMeter V01.00" to send alerts only when both indicators are in the same direction.
Anyone is encouraged?
Green pips!
  • #3,767
  • Apr 15, 2016 1:03am Apr 15, 2016 1:03am
Quoting fxenthusiast
{quote} Result: {image}
  • #3,768
  • Apr 15, 2016 7:57pm Apr 15, 2016 7:57pm
Quoting pressok
nice setup i missed. i was busy working that time AU buy GU sell {image} {image}
What are those 3 red ma on your chart, pls?
  • #3,769
  • Apr 16, 2016 12:47pm Apr 16, 2016 12:47pm
New version of the minichart_NLD , mainly a technical update, done to reduce memory usage of the indicator , it works very well ,
new features :
- BIG memory consumption reducing
- 3 pills instead of 2 (they are optional)
- a new option to draw the current pending / running trades on the chart . i don't know how it is working as i closed all my trades for this week- end so i can't test it ,
happy testing

(you can safely overwrite the include files)
(feedback are welcome)
Attached File(s)
File Type: rar minichart_NLD_1.3.rar   264 KB | 422 downloads
  • #3,770
  • Edited Apr 17, 2016 5:00am Apr 16, 2016 12:58pm | Edited Apr 17, 2016 5:00am
Quoting Brittanyfx
It would be interesting to modify the "NoLagAlerts_Single_v2_4" and combine it with "NonLagDot MultiMeter V01.00" to send alerts only when both indicators are in the same direction. Anyone is encouraged? Green pips!
interesting Idea !

here is another indicator not based on NoLagAlerts , written from scratch , feedback will be very welcome

the indicator :

draw a up arrow WHEN : the NLD of the current timeframe is UP AND the last bar is bearish and the previous bar is bullish.

draw a down arrow WHEN : the NLD of the current timeframe is DOWN AND then last bar is bullish and the previous bar is bearish.


++++ PLUS +++++

you can filter the signals with two more timeframes , in this case the arrow is only drawn when the current timeframe and the 2 others timeframes are in the same direction

(if you want to filter with only one more timeframe , put the same value to the 2 confirmation timeframes)


++++ PLUS ++++

you can filter the signals with a moving average , when the rate is above the average , it opens only buys , when below the average , it opens only sells



the signals can be a little different from NoLagAlerts_Single_v2_4 as i used more strict entries that stick very closely to the NLD strategy.

(feedbacks are welcome)


[edit] : hmmm seems there is a problem sometimes , i remove temporarily the indi and will check it again when the markets open.
  • #3,771
  • Apr 16, 2016 3:27pm Apr 16, 2016 3:27pm
Quoting alainb
{quote} interesting Idea ! here is another indicator not based on NoLagAlerts , written from scratch , feedback will be very welcome the indicator : draw a up arrow WHEN : the NLD of the current timeframe is UP AND the last bar is bearish and the previous bar is bullish. draw a down arrow WHEN : the NLD of the current timeframe is DOWN AND then last bar is bullish and the previous bar is bearish. ++++ PLUS +++++ you can filter the signals with two more timeframes , in this case the arrow is only drawn when the current timeframe and the 2 others...

Good ideia, but could you change the first option and allow the default rules plus the superior timeframe and the MA?

thx
  • #3,772
  • Apr 16, 2016 3:47pm Apr 16, 2016 3:47pm
Quoting Dridzz
{quote} Good ideia, but could you change the first option and allow the default rules plus the superior timeframe and the MA? thx
to my knowledge these rules are the default rules , no ?
  • #3,773
  • Apr 16, 2016 4:18pm Apr 16, 2016 4:18pm
I have a question of the formula of the nonlagdot indicator,
is it based on a ma or momentum?
Bulls are stupid Animals!especially when Im short!
  • #3,774
  • Apr 16, 2016 4:18pm Apr 16, 2016 4:18pm
Quoting alainb
{quote} to my knowledge these rules are the default rules , no ?

draw a up arrow WHEN : the NLD of the current timeframe is UP AND the last bar is bearish and the previous bar is bullish.

draw a down arrow WHEN : the NLD of the current timeframe is DOWN AND then last bar is bullish and the previous bar is bearish.


those I think are not right ?

  • #3,775
  • Apr 16, 2016 4:27pm Apr 16, 2016 4:27pm
Quoting Dridzz
{quote} draw a up arrow WHEN : the NLD of the current timeframe is UP AND the last bar is bearish and the previous bar is bullish. draw a down arrow WHEN : the NLD of the current timeframe is DOWN AND then last bar is bullish and the previous bar is bearish. those I think are not right ?


i very honestly (and sincerely ) don't get the point where the rule is wrong . no kidding ,
example for the buys :
when the nld is blue , we check a retracement (a bearish candle) that happens after a bullish candle
the only thing i changed compared to the nolagalert 2.4 is that the arrows are not sliding if another bearish candle appear.
  • #3,776
  • Edited 7:29pm Apr 17, 2016 6:01pm | Edited 7:29pm
Quoting roughtrader
I have a question of the formula of the nonlagdot indicator, is it based on a ma or momentum?
It's based on an MA100. The 100 bars are split into 5 cycles, each cycle is weighted with a slowly fading sine wave. Every such sine wave lasts for 20 bars and that's what the input parameter of the indicator is for. For example if you change it to 30 the underlying MA for the calculation will be an MA150. All other input parameters you can (and should) ignore and never modify. They "mess things up".

The indicator's concept is similar to John Ehlers Dominant Cycle indicators. Opposite to Ehlers work the NonLagDot is not adaptive and here it's assumed that 20 bars might be the dominant cycle of most Forex pairs. This is an over-simplification but obviously for trending Forex pairs it's not such a bad one.

edit: Based on an MA is not correct. It's based on the close prices of the last 100 bars, not on an MA of this bars. The close prices are weighted and form the MA we see on the chart.
It takes blood, sweat and enough tears to wash away the blood.
  • #3,777
  • Apr 18, 2016 10:21am Apr 18, 2016 10:21am
Quoting fxenthusiast
{quote} What are those 3 red ma on your chart, pls?
34 ema , high , low , close
sorry late reply , forgive me im busy worked
  • #3,778
  • Apr 18, 2016 10:53am Apr 18, 2016 10:53am
Quoting pressok
{quote} 34 ema , high , low , close sorry late reply , forgive me im busy worked
try this

Attached File(s)
File Type: mq4 #4 Trend Suite (Black).mq4   17 KB | 492 downloads
  • #3,779
  • Apr 18, 2016 12:14pm Apr 18, 2016 12:14pm
Quoting emmzett
{quote} It's based on an MA100. The 100 bars are split into 5 cycles, each cycle is weighted with a slowly fading sine wave. Every such sine wave lasts for 20 bars and that's what the input parameter of the indicator is for. For example if you change it to 30 the underlying MA for the calculation will be an MA150. All other input parameters you can (and should) ignore and never modify. They "mess things up". The indicator's concept is similar to John Ehlers Dominant Cycle indicators. Opposite to Ehlers work the NonLagDot is not adaptive and here...
ah thank you, interesting
Bulls are stupid Animals!especially when Im short!
  • #3,780
  • Apr 19, 2016 3:37am Apr 19, 2016 3:37am
Quoting pressok
{quote} 34 ema , high , low , close sorry late reply , forgive me im busy worked
Thanks
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