NonLagDot (20) is barely what we want.
Let begin: what we want we wait till the indicator change shade from crimson 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’ll give some examples so u will perceive it higher.
Time-frame any however we are going to begin with M30.
We are going to commerce it as basket buying and selling of 12 pairs: EU,GU,AU,NU,UC,UJ,EJ,GJ,CJ,AJ,NJ,EN.
SL shall be final swing. If reverse sign seem earlier than hiting our SL 2 choices accessible :
1- we hold each reverse trades every with SL final swing.
2- we hold each trades open with a spot the distinction between 2 entries ( however in such case the pair is hedged which imply out of basket).
TP shall be when basket will hit a weekly goal ( every dealer ought to put one).
For extra data and particulars certainly one of our merchants made a pleasant abstract for the system .(
Multi TF nonlagdot was added and massive thanks go for Smoothtrader ( can be utilized for filtrating trades ).
SECOND EDITION OF NLD. up to date 1-12-2016
When nonlagdot change color, we set pending order beneath the break of the candle color change.
TP: shall be 1.5 the scale of the candle sign.
STOP LOSS: the excessive of the sign candle.
the massive sport is that we are going to begin with a small danger.
the danger per commerce shall be 2$ however we are going to construct a sequence of trades that may give us a giant win when goal hit.
This sequence shall be by doubling the place till revenue of final open commerce hit the revenue.
So every time the goal of final open commerce hit TP we must always reset our danger.