Originally Posted by dxtrade

I'm with you on this one. Let's come back to business.
On earth or not on earth...I'm using the original 2 indis from bear together with the nonlagdot indi on the 30M chart. That filters out about 90% of the bad signals (see the 7 arrows with the dot still blue below) as I enter the trade only after the dot has changed in my direction and the bar with the right dot color is closed, because then the dot doesn't repaint anymore. Together with the confirmation of the QQE it's pretty safe for me.
But thats just for the last days...no guarantee as well here

Originally Posted by nohills

Hi dxtrade,

I couldn't find the nonlagdot indicator you showed in your chart. Would you be so kind to post it together with the QQE indicator?

Thanks

Originally Posted by harooki2

In the illustration that Igor offered, there were 49 consecutive repaints -- therefore 49 consecutive losses. I have never met anyone, regardless of their money management skill, who could trade through 49 consecutive losses. It's too tough, mentally.

Why not enter in the reverse direction of the zigzag each time and take the profit that BigBear's stop loss would give? Winners would be 70%+, and you wouldn't have to worry about filters. The most important thing would be to contain the loss that this reverse logic would incur when the trend actually reversed.

False signals for any indicator come at lower time frames. So, the reverse logic might be more profitable in time frames less than four hours. I think this could be tested with the ghost arrows that someone produced to show the false signals earlier in this thread.

Originally Posted by ElectricSavant

Martingale may not be the term...averaging in as it goes against you at 0.01 lot at a time...this brings the average trade price higher/lower as you are waiting for the turn..

ES