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I've been trying this indicator for 2 weeks now and it's been working well for me, I have 8 profit trades and 1 losing trade. I've been trading on a demo account with no stop/lost which is not really a big deal but if I try it on a real account I would like to have a stop/lost so I'm searching for a good indicator that would provide me a stop/lost and working in concert with this indicator before I go live. I'm Canadian and I'm also looking for a good canadian broker, so far FXclearing looks the best, any comments on that broker ?
I really like this indicator, thanx to the author
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I'd rather be scared to death than bored to death
the buy/sell area is the two outer most lines. so, when the nonlagma changes color and the price has reach 1 or both of the outer lines, you get your entry. this works well for who have a small account or only do 1 position per pair. this is based on observation of both indicators applied to various pairs.
i found the nonlagma to be an excellent indicator and have also applied it to the lmt system. it has also filter out bad signals by lmt. my thanks to the creator; i think it was igorad.
as far as people saying it repaints, haven't notice any major differences from 2 days after my entries.
When I load this indicator on the eur chart I noticed that indicator always has orange color.eurusd.gif