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Easy system I trade each day

  • #41
  • Oct 31, 2016 9:37am Oct 31, 2016 9:37am
Try the updated version. I dont really know what the difference is between them. Sometimes the arrow may be off a little bust mostly seem the same. But maybe it will work for some reason?

Attached File(s)
File Type: mq4 NoLagAlerts_Single_v2_4.mq4   14 KB | 368 downloads
  • #42
  • Oct 31, 2016 9:49am Oct 31, 2016 9:49am
tried it...no arrows...let me just make sure I do things right...I copied the indicator into the MQL4 folder under indicators. is that right ? I also set alerts to TRUE.
  • #43
  • Oct 31, 2016 9:53am Oct 31, 2016 9:53am
Quoting kfarawi
tried it...no arrows...let me just make sure I do things right...I copied the indicator into the MQL4 folder under indicators. is that right ? I also set alerts to TRUE.
Yep thats correct. Can you show me the indicator on a chart with the settings window open?
  • #44
  • Oct 31, 2016 10:14am Oct 31, 2016 10:14am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 228 KB
  • #45
  • Oct 31, 2016 10:32am Oct 31, 2016 10:32am
Quoting kfarawi
{image}
Ok, what is the "H" in front of the non lag dot indi? Im not sure exactly but if the nonlagdot signal is referencing to the nonlagdot indi then maybe the issue is because of the file name change?
  • #46
  • Oct 31, 2016 10:49am Oct 31, 2016 10:49am
BINGO !!! Mr Higurashi: thanks a lot for your help...it was my fault...for some stupid reason, I changed the name and didn't think the 2 indicators were related...Thanks again and sorry for the inconvenience.
  • #47
  • Oct 31, 2016 11:34am Oct 31, 2016 11:34am
MRHIGURASHI, so you do not have TP target, correct?

You let the market take you out on either of 3 below

SL or
SweetSpot or
opposite signal?
  • #48
  • Oct 31, 2016 9:12pm Oct 31, 2016 9:12pm
Quoting driven18
MRHIGURASHI, so you do not have TP target, correct? You let the market take you out on either of 3 below SL or SweetSpot or opposite signal?
Yes that is correct except for the last one "opposite Signal". I do not close trades on opposite signal. Sometimes there may just be a deeper pull back.

There is another thing i was looking at that used fibonacci to set TP. Basically you draw the fibonacci from the signal you entered to the bottom or last low and can use the 268.8 extension as the TP target and the 161.8 extension as the break even trailing SL. Works well in ranging markets or for weak trends but means missing out on a lot of pips in a strong trend.

Attached Image (click to enlarge)
Click to Enlarge Name: fibonacci_1.png Size: 33 KB
  • #49
  • Nov 1, 2016 8:39pm Nov 1, 2016 8:39pm
Thanks Mrhiurahi for sharing the system. For anyone interested I've been using this system but only taking buys if the 1 hour candle is above the 20ma and sells if the 1 hour candle is below the 20ma and entering on the valid signal candle on the 15min chart. Thanks again for your time
  • #50
  • Nov 2, 2016 11:21pm Nov 2, 2016 11:21pm
Higurashi-san:
Your system just yielded me 50 pips in a matter of hours (and on a Japanese holiday).
(would have been more pips had I decided to short E/J or Chf/JPY instead).
Thank you beaucoup!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 72 KB
  • #51
  • Nov 3, 2016 12:49am Nov 3, 2016 12:49am
Quoting SnoopyAKQJT
Higurashi-san: Your system just yielded me 50 pips in a matter of hours (and on a Japanese holiday). (would have been more pips had I decided to short E/J or Chf/JPY instead). Thank you beaucoup! {image}
Great, the JPY pairs had some nice moves today. Some also from yesterday that continue on today.
  • #52
  • Nov 3, 2016 1:50am Nov 3, 2016 1:50am
I would like to post more screen shots but it is actually a lot of work. Hopefully if we get more readers and i get more time i can post trade entries and results. Anyway, some nice set ups that occurred on JPY pairs the last couple days.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY_3.png Size: 35 KB

Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY_3.png Size: 44 KB

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_4.png Size: 47 KB
  • #53
  • Nov 3, 2016 2:00am Nov 3, 2016 2:00am
Quoting mrhigurashi
{quote} There is another thing i was looking at that used fibonacci to set TP.{image}
Just a passing thought, is once you have a good idea of your win rate you can custom tailor your TPs based on RR it would help out your profitability in the long run as well as give you realistic expectations of yearly growth.

The only down side to that though it would prevent you from catching a landslide moves.
Attached Image
Trust the Market
  • #54
  • Nov 3, 2016 2:16am Nov 3, 2016 2:16am
What is the arrow signal based on
  • #55
  • Nov 3, 2016 3:34am Nov 3, 2016 3:34am
Quoting SnoopyAKQJT
Higurashi-san: Your system just yielded me 50 pips in a matter of hours (and on a Japanese holiday). (would have been more pips had I decided to short E/J or Chf/JPY instead). Thank you beaucoup! {image}
Can you share bro your template and indicator, etc?

thanks
  • #56
  • Nov 3, 2016 3:53am Nov 3, 2016 3:53am
Quoting boyce
What is the arrow signal based on
The trade signal is when a pull back appears in the opposite direction to the trend. With nonlagdot this is identified when you get a bearish trend (Red Dots) and a bullish pullback or vice versa. All the arrow indi does is notify you when this set up occurs. I did not program the signal indicator and it can miss entires every now and then but overall i find it good. Keeps you from having to watch the charts non stop at least.

So in a nutshell it is just alerting of pullbacks in trends.
  • #57
  • Nov 3, 2016 1:32pm Nov 3, 2016 1:32pm
Don't think I have ever seen 3 up arrows in a row, until now ...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 76 KB
  • #58
  • Nov 3, 2016 3:59pm Nov 3, 2016 3:59pm
Nice strat.

Please analyze those 1, 2 and 3 scenarios (EU today, 1h)

Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 15 KB
  • #59
  • Nov 3, 2016 4:28pm Nov 3, 2016 4:28pm
And please, what about arrow repainting?

At the same chart posted, EU 1H, arrow appeared and disappeared 2 times, in the last 3 hours. Without even changing the timeframe or anything.
  • #60
  • Nov 3, 2016 6:13pm Nov 3, 2016 6:13pm
Quoting Art5
And please, what about arrow repainting? At the same chart posted, EU 1H, arrow appeared and disappeared 2 times, in the last 3 hours. Without even changing the timeframe or anything.
Hi Art.

I spend a long time watching the indi and have never seen an arrow disappear myself. As for the repainting, it will if the pullback is deeper. Most pullbacks maybe more then one candle and deeper then the first, in this case the arrow will repaint to reflect the deeper pull back. I guess it depends on how far you place your pending orders if it will be an issue or not.
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