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trend catching with NonLagDot indicator

  • #4,261
  • Feb 6, 2017 8:06pm Feb 6, 2017 8:06pm
so the length value is 20 not 17?
  • #4,262
  • Feb 6, 2017 10:42pm Feb 6, 2017 10:42pm
Quoting chong444
so the length value is 20 not 17?
Correct...
  • #4,263
  • Edited 7:43am Feb 8, 2017 7:02am | Edited 7:43am
hey guys im sorry for this stupid question.

which charts do you check to trade the basket? do you watch every chart of the basket ?

and do you trade the h4 or m30 most?

I see some different systems in this thread. Are the both on the first page still valid?
Everyday better.
  • #4,264
  • Feb 16, 2017 2:30am Feb 16, 2017 2:30am
Quoting arlucad
hey guys im sorry for this stupid question. which charts do you check to trade the basket? do you watch every chart of the basket ? and do you trade the h4 or m30 most? I see some different systems in this thread. Are the both on the first page still valid?
For basket trading u have trade M30.
For individual trade u trade H4.
  • #4,265
  • Edited 3:26pm Feb 19, 2017 1:44pm | Edited 3:26pm
hi Lebanese, do you suggest any broker in Lebanon for good spreads and easy withdrawal? my contact info are available in my profile
  • #4,266
  • Feb 24, 2017 11:05pm Feb 24, 2017 11:05pm
Quoting arzlobnan
hi Lebanese, do you suggest any broker in Lebanon for good spreads and easy withdrawal? my contact info are available in my profile
Hi Arz sorry for late reply but none in Lebanon are reliable brokers. I have tried most of them. The best are outside brokers. For now it is not hard to open account via internet.
  • #4,267
  • Feb 24, 2017 11:23pm Feb 24, 2017 11:23pm
Quoting grenell
Hi Lebaneese New to the very interesting thread. Still in the process of reading all the pages. Question re the system. When NonLagDots Indicator is Short, the NonLagAlerts_SingleV2.4 indicates entry with a Arrow. If the Trend continues Short and the DOTS do not change colour and a second or third signal occurs the Arrow indicator does not paint another arrow. Is the system designed to only have one trade per DOT change? The addition of trade arrows that fit the additional entry criteria could be advantageous. {image}


is that your chart?it looks great. can you share indicators and themplate ? please .
Attached Image
  • #4,268
  • Feb 24, 2017 11:35pm Feb 24, 2017 11:35pm
Quoting Peterrs
{quote} is that your chart?it looks great. can you share indicators and themplate ? please . {image}
No this one isn't my chart.
But starting Monday I will try to post some new trades to refresh the thread little bit even there is no much things to add but could help some new traders.
  • #4,269
  • Feb 24, 2017 11:57pm Feb 24, 2017 11:57pm
MPBM indicator totally chrashes my mt4
what is this indicator for ?
Attached File(s)
File Type: mq4 MPBM.mq4   17 KB | 470 downloads
  • #4,270
  • Feb 25, 2017 12:29am Feb 25, 2017 12:29am
Quoting Peterrs
MPBM indicator totally chrashes my mt4 what is this indicator for ? {file}
I don't use this indicator it was made but a trader from the group trading .
  • #4,271
  • Edited 12:28pm Feb 26, 2017 11:40am | Edited 12:28pm
Quoting Lebaneese
{quote} ... But starting Monday I will try to post some new trades to refresh the thread little bit even there is no much things to add but could help some new traders.
Hi Lebaneese,

good to know, that you are planning to refresh the thread, as I'm going to start to trade this method beginning of next week according to the original rules (basket of 12 pairs with target of 100 pips).

One question regarding the pairs: why do you choose exactly those 12 pairs - is it due to spread, correlation or just experience ?

Thanks, Oliver
  • #4,272
  • Feb 26, 2017 10:10pm Feb 26, 2017 10:10pm
Quoting osfx
{quote} Hi Lebaneese, good to know, that you are planning to refresh the thread, as I'm going to start to trade this method beginning of next week according to the original rules (basket of 12 pairs with target of 100 pips). One question regarding the pairs: why do you choose exactly those 12 pairs - is it due to spread, correlation or just experience ? Thanks, Oliver
yes these pairs for spread and correlation. but u can change those pairs due to your broker spreads. the system work on all pairs.
  • #4,273
  • Feb 27, 2017 6:29am Feb 27, 2017 6:29am
Lebaneese did you some trades today?
Everyday better.
  • #4,274
  • Feb 27, 2017 7:58am Feb 27, 2017 7:58am
Quoting arlucad
Lebaneese did you some trades today?
Today there was 3 signals. EU, UJ, UC.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 42 KB
Click to Enlarge Name: USDJPYM30.png Size: 40 KB
Click to Enlarge Name: USDCADM30.png Size: 41 KB
  • #4,275
  • Feb 27, 2017 10:53am Feb 27, 2017 10:53am
Quoting Lebaneese
{quote} Today there was 3 signals. EU, UJ, UC.
I saw some more signals on AU, EJ, EN, NJ and NU (see arrows on screenshots).
In my opinion, they seem to be valid entries forming the beginning of a new move. Why would you skip them ?

Thanks, Oliver
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDM30.png Size: 55 KB
Click to Enlarge Name: EURJPYM30.png Size: 48 KB
Click to Enlarge Name: EURNZDM30.png Size: 53 KB
Click to Enlarge Name: GBPUSDM30.png Size: 43 KB
Click to Enlarge Name: NZDJPYM30.png Size: 46 KB
Click to Enlarge Name: NZDUSDM30.png Size: 60 KB
  • #4,276
  • Feb 27, 2017 10:46pm Feb 27, 2017 10:46pm
Another two questions: In this example, candle 1 forms the signal, candle 2 has a lower high than candle 1, but closes in the direction of the dots.
Would you move the stop order to candle 2 or keep it at candle 1 ?

And would you consider the big round number in any way ?

Thanks, Oliver
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM30.png Size: 51 KB
  • #4,277
  • Feb 27, 2017 10:52pm Feb 27, 2017 10:52pm
Hi Lebaneese,
Good to see the thread active again. A few questions. 30M you use a basket of pairs.
1. Do you use a Trade manager to close the basket? You mentioned above that you do not use the MPBM as per post 1.
2. Do you use a SL and TP or is that managed by the basket close EA if you use one?
3. For entry's do you use the Stop Buy and Stop Sell scripts or do you use a Trade manager to enter all signals?
Regards
Rod
  • #4,278
  • Feb 28, 2017 3:50am Feb 28, 2017 3:50am
Quoting grenell
Hi Lebaneese, Good to see the thread active again. A few questions. 30M you use a basket of pairs. 1. Do you use a Trade manager to close the basket? You mentioned above that you do not use the MPBM as per post 1. 2. Do you use a SL and TP or is that managed by the basket close EA if you use one? 3. For entry's do you use the Stop Buy and Stop Sell scripts or do you use a Trade manager to enter all signals? Regards Rod
Hi grenell , I trade manually pending order for buy and sell.
I have fix target and SL for each pair.
I don't take all signals blindly at some point u have to filtrate the signals by reading good the candles pattern , top and bottom.
  • #4,279
  • Feb 28, 2017 8:20am Feb 28, 2017 8:20am
Hi Lebaneese,
I have a question regarding 2nd method. Each time i calculate stop loss after reset to 2$, then i double it in case of failure, but what happens when dot changes colour before previous one hit the target?
Best regards
  • #4,280
  • Mar 1, 2017 5:44am Mar 1, 2017 5:44am
hello labaneese,

first of all thank you for sharing a nice strategy. I have few doubts please find time to answer them,

I liked your second method ,because it suits my trading style,now please tell me

1. Is it that we need to take trade on a particular pair which forms a nice pattern to move with change of color of dot or we have to stick to only one pair and place trades as per the change in the dot color.

2. I did not understand risk per trade 2$ and doubling position...

thanks in advance
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