- Search Metals Mine
- globalinvest replied Nov 19, 2008
Just a note to clarify something in case it gets misunderstood: the nonlag indicator i recommend is only the secondary indicator. Entry signals come from the QQE indicator.
Ninpostar Revolution
- globalinvest replied Nov 18, 2008
Big circles are QQE signals. Same indicator from page 1. Sl and TP - that is up to you and your strategy. I prefer to take quick 15-20 pips with a stop loss of about 20 pips. 7 of 10 times you win with the qqe indicator, approximately.
Ninpostar Revolution
- globalinvest replied Nov 18, 2008
It is 60/5 on a 5min timeframe. QQE signals are also blue and red.
Ninpostar Revolution
- globalinvest replied Nov 18, 2008
Here is the indicator again - nonlagdots. Blue means buy and red means sell. So - if you have an alert, example buy, from the QQE indicator and the dot-indicator also shows at the same time to buy then you can enter. I posted a couple screenshots to ...
Ninpostar Revolution
- globalinvest replied Nov 18, 2008
Another example of nonlagdot - indicator: See arrows on first 2 trades - one can enter trades immediately. 3rd trade - enter after first closed candle with a blue dot.
Ninpostar Revolution
- globalinvest replied Nov 18, 2008
To describe the use of the above indicator, here is another screenshot. Buy signal at 1600 GMT+1 (blue lower dot) - I would not enter until the nonlagdot-indicator also shows a blue dot on a closed candle. This helps in getting in at a better price. ...
Ninpostar Revolution
- globalinvest replied Nov 18, 2008
Has anyone tried this system on higher timeframes yet ? Below screenshot of 5min tf eu/yen. Less trades of course - but starting at 0700GMT+1, german time, one would have had 3 signals, each one easily scalped with 20 pips + each. Guess I will move ...
Ninpostar Revolution
- globalinvest replied Nov 18, 2008
Check out the yellow sell signal at 10:53 am. Dots were blue, so I would have entered 6 bars later after close of candle with red dot. Still a loser, BUT much less of a loser.
Ninpostar Revolution
- globalinvest replied Nov 18, 2008
Maybe this indicator helps. It keeps one out of wrong trades sometimes. Just check to see that colors do match. Example: red dots before and sell signal - ok to enter. Or buy signal comes and 2 dots later they changed from red to blue - then enter. ...
Ninpostar Revolution
- globalinvest replied Nov 18, 2008
Hi Tetis — Curious to see a chart of yours. Care to post a screenshot of one pair ? Thank you very much if possible for you.
Ninpostar Revolution
- globalinvest replied Nov 16, 2008
Good idea ! Always using a stop loss is wise - as it will eventually will turn back down or up. Also one should be able for the EA to set levels like above 52 buy and sell below 48. Coupled with proper money management, i.e. sl 15 pips and 20 pips ...
Sterling Challenge 1
- globalinvest replied Nov 16, 2008
In general I must say I have had days with lots of positive pips using this strategy. Then trades with enormous losses. One day is excellent, the other not at all. I know when I enter a trade - that most likely and with high certainty I will be able ...
Ninpostar Revolution
- globalinvest replied Nov 16, 2008
Given the above picture - I think that settings of RSI 4 and buying at each new candle when RSI above 50 should give nice profits. Vice versa for short trades. With the current EA version - can I change it to the above parameters ? Donīt really know ...
Sterling Challenge 1
- globalinvest replied Nov 15, 2008
I do not wait for the next QQE cross signal to exit. Usually exit at +15 -20 pips. But really - losses can be so big and trading without a stop loss is not a good idea. Still have to perfect this trading strategy with some sort of filter.
Ninpostar Revolution
- globalinvest replied Nov 15, 2008
Hello Akukaya. Have you ever tried the following settings ? 15min TF, RSI 4, level 50. Buy: at beginning of new candle RSI is above 50. Sell: at beginning of new candle RSI is below 50. If one could then add e.g. automatic sl15 and tp20 pips, should ...
Sterling Challenge 1
- globalinvest replied Nov 15, 2008
I am using 60/1 - does not repaint and gives several good signals during 0800 - 1700 GMT+1. Of course, it is definitely not a holy grail. Also tried out 30/1 to get me into trades/ trends earlier but in a sideways market all profits accumulated ...
Ninpostar Revolution
- globalinvest replied Nov 15, 2008
To Arilou Try out 60/1 settings. The signals are very similar to 60/5 and the dots do not repaint. Just take a currency pair twice and use both settings for one day. I mean forward testing. At the end of your trading period, you can compare the ...
Ninpostar Revolution
- globalinvest replied Nov 15, 2008
Regarding the 3rd signal: that was too risky for me. I am using 60/1, this strategy works fine on nice slow moves upwards and downwards. But if there are 1 or 2 bars which are dramatically longer than the others - I would not enter, as many times ...
Ninpostar Revolution
- globalinvest replied Nov 14, 2008
Just to make sure I expressed myself correctly: in the screenshot above I only meant the third QQE cross signal. The previous 2 signals I would have taken.
Ninpostar Revolution