trend catching with NonLagDot indicator | Page 215 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

NonLagDot (NLD) EA is Here 185 replies

Trendbreak with nonlagdot 2 replies

correct this nonlagdot ea 0 replies

WANT a martingale NonLagDot (NLD) EA 5 replies

Nonlagdot with email alert 3 replies

Attachments: trend catching with NonLagDot indicator
Exit Attachments

trend catching with NonLagDot indicator

  • #4,281
  • Mar 2, 2017 5:24am Mar 2, 2017 5:24am
Can someone help me on this one... I'm trying to understand the bold but just can't...

Entry :
When nonlagdot change colour, we set pending order below the break of the candle colour change.

thanks
  • #4,282
  • Mar 2, 2017 6:22am Mar 2, 2017 6:22am
Quoting Tibur
Hi Lebaneese, I have a question regarding 2nd method. Each time i calculate stop loss after reset to 2$, then i double it in case of failure, but what happens when dot changes colour before previous one hit the target? Best regards
Tibur , each trade has his own target. If new signal appear before hitting previous target than should be considered as not finished trade so the next pending order should be doubled as the last trade in sequence didn't hit the TP point.
  • #4,283
  • Mar 2, 2017 6:26am Mar 2, 2017 6:26am
Quoting tnandkumar
hello labaneese, first of all thank you for sharing a nice strategy. I have few doubts please find time to answer them, I liked your second method ,because it suits my trading style,now please tell me 1. Is it that we need to take trade on a particular pair which forms a nice pattern to move with change of color of dot or we have to stick to only one pair and place trades as per the change in the dot color. 2. I did not understand risk per trade 2$ and doubling position... thanks in advance
1-if u can read pattern that would be nice for u and more easy but if mechanical trading than u have to take any pair u want. ( but many pairs mean big account).
2- each LAST trade in sequence didn't end with target hit mean u have to double the next pending order until LAST trade hit TP than back to 2$ risk.
  • #4,284
  • Mar 2, 2017 6:28am Mar 2, 2017 6:28am
Quoting jnfer
Can someone help me on this one... I'm trying to understand the bold but just can't... Entry : When nonlagdot change colour, we set pending order below the break of the candle colour change. thanks
when dot change color. first red dot appear u will set pending order below this candle for sell order.
if dot change to blue u will set pending order above this candle.
  • #4,285
  • Mar 2, 2017 8:40am Mar 2, 2017 8:40am
Hi Lebaneese,

could you please have a look at my questions in posts 4275 + 4276. Maybe you have just overlooked them...

Thanks, Oliver
  • #4,286
  • Mar 2, 2017 9:14am Mar 2, 2017 9:14am
Quoting Lebaneese
{quote} 1-if u can read pattern that would be nice for u and more easy but if mechanical trading than u have to take any pair u want. ( but many pairs mean big account). 2- each LAST trade in sequence didn't end with target hit mean u have to double the next pending order until LAST trade hit TP than back to 2$ risk.

thank you labaneese for your reply,
  • #4,287
  • Mar 2, 2017 9:20am Mar 2, 2017 9:20am
Quoting osfx
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 {image}
Hi Oliver , candle 2 is bullish candle, we change the pending order just in case of bearish candle. So number 2 candle not valid .
  • #4,288
  • Mar 2, 2017 9:22am Mar 2, 2017 9:22am
Quoting osfx
{quote} 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 {image} {image} {image} {image} {image} {image}
yes the system generate too many signals. But for me I choose the high probability trades. Like formation of Top and Bottom , candles pattern.
  • #4,289
  • Mar 2, 2017 10:04am Mar 2, 2017 10:04am
Quoting Lebaneese
{quote} Tibur , each trade has his own target. If new signal appear before hitting previous target than should be considered as not finished trade so the next pending order should be doubled as the last trade in sequence didn't hit the TP point.
Thank you so much for answer, does it also means when dot change colour i close previous trade, or should i move SL to level where is new pending order?
  • #4,290
  • Mar 2, 2017 10:16am Mar 2, 2017 10:16am
Quoting Tibur
{quote} Thank you so much for answer, does it also means when dot change colour i close previous trade, or should i move SL to level where is new pending order?
No u keep it open until it hit SL or TP because a new trade start which mean it is the last and important trade.
  • #4,291
  • Edited 8:49pm Mar 2, 2017 8:12pm | Edited 8:49pm
hi labaneese..


what is that we need to consider for target and SL,is it the length of the candel or the previous swing hi/lo for calculating target ?

please check this...where to put SL,
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.PNG Size: 45 KB
  • #4,292
  • Mar 3, 2017 1:03am Mar 3, 2017 1:03am
Quoting tnandkumar
hi labaneese.. what is that we need to consider for target and SL,is it the length of the candel or the previous swing hi/lo for calculating target ? please check this...where to put SL,{image}
SL is the high of same candle signal where first dot appear .
  • #4,293
  • Apr 25, 2017 3:50am Apr 25, 2017 3:50am
Hi Lebaneese,

Thanks for sharing this good strategy and system with us. I just made $30 today which is my goal.

I would like to ask a silly question, I hope you dont mind.

If I want to make $200 per week, playing all the 12 pairs you recommended, how much money I should start with my live account?

Of course, I will demo this for 1 month before I jump to the live. But I really curious how much I should invest to get $200 per week. Thanks
  • #4,294
  • May 20, 2017 12:18pm May 20, 2017 12:18pm
Hi Harrison,

What results have you had with trading this system?

Is Lebaneese still around? I have a couple of questions for him.

Regards,
BC2
  • #4,295
  • May 21, 2017 12:38pm May 21, 2017 12:38pm
Quoting Bobcat2
Hi Harrison, What results have you had with trading this system? Is Lebaneese still around? I have a couple of questions for him. Regards, BC2
Yes I am always here. I am always trading.
  • #4,296
  • May 23, 2017 4:39am May 23, 2017 4:39am
when you say break, do you wait for candle close or price hitting the level? thanks
newzTrader
  • #4,297
  • May 23, 2017 4:59am May 23, 2017 4:59am
Quoting newzTrader
when you say break, do you wait for candle close or price hitting the level? thanks
Just hitting as we put pending orders.
  • #4,298
  • May 25, 2017 4:45pm May 25, 2017 4:45pm
histo version+ dashboard
Attached File(s)
File Type: mq4 non lag ma histo.mq4   11 KB | 1,065 downloads
File Type: mq4 non lag ma trend display.mq4   15 KB | 1,197 downloads
what we want:1+1+1+1+1+1+1+1=8 what market delivers:1+2+8+7-4+0-5+8-4-5=8
  • #4,299
  • May 26, 2017 3:22am May 26, 2017 3:22am
Quoting adelzadeh
histo version+ dashboard {file} {file}
what are those indicators Adel. If u can explain more please .
  • #4,300
  • May 29, 2017 9:04am May 29, 2017 9:04am
Quoting lebaneese
{quote} what are those indicators adel. If u can explain more please .
they are same non lag dot indicator
what we want:1+1+1+1+1+1+1+1=8 what market delivers:1+2+8+7-4+0-5+8-4-5=8
0 traders viewing now