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  #1 (permalink)  
Old 07-26-2006, 11:52 AM
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Exclamation Easy but working system, letīs improve it !

Hi Guyīs,

I have a new Baby, better say a new system for making profits in the fx markets.... It works realy easy and use only two indikators, also works in every timeframe from 15 min up.

The indicators are the NonLag_v4 andi the HA_Signal (attached).

Now look the attached gif, i entry ever when there is a arrwo, set take profit to 5 pips lower (short) or higher (long) in 15 min Chart. To make respectable profits with it you should use minimum 3 lot, better 5 lotīs a trade... for higher timeframes set up the take profit also higher, for H1 may be 10 to 15 pips are possible....

I work only on the 4 Majors and EUR/NZD with this System, i donīt want to make an expert of it, not now...

My Problem with this system are the false signals in sideway markets, we should reduce them to a minimum (look gif between the red lines)...
The signals between the red line are most also profitable but if you donīt catch the entry within 15-30 sec after signal may be itīs too late.

My question to you is now, with witch indicators can i filter the sideway markets !

Letīs improve together !

Thanks for your help !
Attached Images
File Type: gif chart.gif (18.3 KB, 2795 views)
Attached Files
File Type: mq4 HA_Signal_1.mq4 (3.9 KB, 548 views)
File Type: mq4 NonLagMA_v4.mq4 (4.6 KB, 460 views)

Last edited by mr.trader; 07-26-2006 at 11:57 AM.
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Old 07-26-2006, 12:29 PM
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I am trying something similar at the moment MA set to 21 and filter to 1.
I am experimenting with macd as a filter long above short below. Might be easier just to use a 50 or 55 ma?
Have a look see what you think.

Gordon
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Old 07-26-2006, 02:25 PM
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Quote:
Originally Posted by gordon
I am trying something similar at the moment MA set to 21 and filter to 1.
I am experimenting with macd as a filter long above short below. Might be easier just to use a 50 or 55 ma?
Have a look see what you think.

Gordon
Try my indikator (NonLag) then the signal comes earlier... so you get a better entry, i tryed as one more filter the macd, works good.

if nonlag is red/blue after a yellow session, macd crosses and the signal arrow is also there is a good time to entry the market, so i think !

What you mean ?

Last edited by mr.trader; 07-26-2006 at 02:35 PM.
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Old 07-26-2006, 02:41 PM
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How about your entry? do you wait for current bar fully performed or when the arrow appear?
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Old 07-26-2006, 03:02 PM
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Thanks mr.trader for sharing. Do you use any SL or is it SL-Free strategy :P ??
Best Regards
P7
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Old 07-26-2006, 04:55 PM
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Sorry Mr Trader I confused you, I did use the non lag ma set at 21 filter set at 1. picture attached is using Igorads fratual channel to filter signals together with a macd. Some good trades some not so good. As has just been said still need a stop loss plan.
See what you think.
Gordon
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Old 07-26-2006, 06:54 PM
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I have been using the Non Lag MA indicator for the basis of a manual system for the past few weeks and have had good luck with it. I find it works best for me on H4. There are some beautiful moves. I primarily demo EUR/USD.

I'm also using:
RSI 8
CCI 21
MACD
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Old 07-27-2006, 10:51 AM
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Quote:
Originally Posted by pete7
Thanks mr.trader for sharing. Do you use any SL or is it SL-Free strategy :P ??
Best Regards
P7
Hi Pete !

Thanks for answering ! Yes, it is a stoploss free strategy... entry when the arrow comes, exit when the NonLag chanches Colour to yellow... so the rule

Hope it helps !
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Old 07-27-2006, 10:52 AM
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Quote:
Originally Posted by Eureka
I have been using the Non Lag MA indicator for the basis of a manual system for the past few weeks and have had good luck with it. I find it works best for me on H4. There are some beautiful moves. I primarily demo EUR/USD.

I'm also using:
RSI 8
CCI 21
MACD
Eureka,

thanks for your answer... I agree your meaning, H4 works the best !
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Old 07-27-2006, 10:55 AM
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Wink

Quote:
Originally Posted by Devil2000
How about your entry? do you wait for current bar fully performed or when the arrow appear?
Devil2000,

Thanks for your question !
I entry at the first signal, somtimes the arrow goes away then but thatīs no problem, he comes back again the next minutes....

When you wait to close the bar often the biggest part of the move is over.

hope it helps !
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