以下为作者原文:
I will make this thread easy and simple. It will give nice trend catch. So just u need to be ready for collecting pips from trend movement. We just need one indicator and it will make our life easy.
NonLagDot (20) is only what we need.
Let start: what we need we wait until the indicator change color from red to blue or vice versa, after that we wait first retracement to enter the market with pending order of the break of the retracement candle.
I will give some examples so u will understand it better.
Time frame any but we will start with M30.
We will trade it as basket trading of 12 pairs: EU,GU,AU,NU,UC,UJ,EJ,GJ,CJ,AJ,NJ,EN.
SL will be last swing. If opposite signal appear before hiting our SL 2 options available :
1- we keep both opposite trades each with SL last swing.
2- we keep both trades open with a gap the difference between 2 entries ( but in such case the pair is hedged which mean out of basket).
TP will be when basket will hit a weekly target ( each trader should put one).
For more information and details one of our traders made a nice summary for the system .( Post 1,684)
Multi TF nonlagdot was added and big thanks go for Smoothtrader ( can be used for filtrating trades ).
SECOND EDITION OF NLD.
Entry :
when we have change in NLD colour , coming from down it mean changing from red to blue or
coming from up it mean changing from blue to red.
When this colour change the first thing we do is to set pending order directly below or above the changing candle plus 3 pips for break confirmation ( this number can be changed while trading and having long data).
Stop loss :
Stop loss will be previous higher high for sell orders or previous lower low for buy orders.
Target :
Target will be equal to stop loss which give aprox 1:1 ratio. we can use fibo 200 to find target.
N:B. we will use also 150 level to set BE if price touch it .