Great results. Now comes the time to reflect upon, and study, your trades while you wait for your next trading opportunity. As you learn a system and make it your own, luck will have a smaller and smaller impact upon your ...

trend catching with NonLagDot indicator

Patience is a virtue. All good things come to those that wait. You are definitely teaching proper trading habits by not rushing into trades or bending the rules too much. Everyone should take note. Thank you Mr. Lebaneese (I just noticed that I have ...

trend catching with NonLagDot indicator

The problem is that, as you mentioned, these countries are running deficits and they need to keep the cash flowing, and the only way to do that is to keep the oil flowing. As to your theories of how easy it would be for them to raise the price of ...

Oil and Natural Gas

The other aspect that you did not mention, and that is vitally important to any successful trader, is Money Management. Even with a system that wins 9 out of 10 trades you can lose money with poor money management. If your average Risk:Reward is 1:1 ...

How Can I Improve This Technique?

It means if you place a 30 pip StopLoss for a trade on that particular pair and want to risk 2% of your account value, you would use 0.34 as your lot size. You can adjust your StopLoss and/or your risk % and it will change the lot size. GREEN pips ...

trend catching with NonLagDot indicator

Some brokers offer CFD's that include Oil, such as TradersWay. You can check them out HERE. They offer Demo accounts for you to try. A CFD, or a Contract For Difference, is an agreement between two parties to exchange the difference between the ...

About oil trading

Check out ForexPeaceArmy<DOT>com and www<DOT>stevehopwoodforex<DOT>com/phpBB3/viewforum<DOT>php?f=52 They both have reviews. Unfortunately I am in the USA so I can't deal with them personally. GREEN pips to you on your quest.

Is Global Prime a good broker?

Here is the documentation from the website of the author (www<DOT>stevehopwoodforex<DOT>com/phpBB3/viewtopic<DOT>php?p=16112#p16112): Multi Purpose Basket Manager is an EA, put it in the experts folder. The EA monitors your basket and closes all ...

trend catching with NonLagDot indicator

These are scripts which are "one time" use when you activate them, as opposed to EA's which work continually. Here's how I use them for my manually basket trading. I have the Multi Purpose Basket Manager (MPBM) installed and running on one of my ...

trend catching with NonLagDot indicator

I know the question will come up so I'll ask it of you Mr. Lebanesse: what has been the largest negative in one of your baskets? I have only been trading the 30 minute time frame live for this week, and according to the MPBM the largest DrawDown in ...

trend catching with NonLagDot indicator

Check post #398. I uploaded a Multi-Purpose Basket Manager that handles your request quite nicely. GREEN pips to one and all.

trend catching with NonLagDot indicator

Check out this: url and then follow the link at the top to the Multipurpose Trade Manager (MPTM). This is should meet your needs. It's very well documented and very versatile. GREEN pips to you on your trading journey

Ea for take profit and stop movement based off risk(stop loss)

For those of you interested in running your trades as a Basket, here is a great Multi Purpose Basket Manager for you. GREEN pips to one and all file

trend catching with NonLagDot indicator

Without good money management, even the best trading system can blow-up in your face, and this is why Dave's testing is so important. Hopefully people noticed that his results not only show impressive potential, but also show manageable maximum ...

trend catching with NonLagDot indicator

Great results. At this rate you'll be right there with Lebanesse harvesting the GREEN pips weekly. Keep up the good work.

trend catching with NonLagDot indicator

The range of SL's that were tested ranged from 10 pips to 50 pips, and the range of TP's were from 20 pips to 400 pips. With that in mind, if someone wanted to test with higher SL's from 50 to 200 pips and share the results with the forum, I know it ...

trend catching with NonLagDot indicator

I should have mentioned that clean data is vitally important for proper backtesting. Thank you. GREEN pips to you and your family.

trend catching with NonLagDot indicator

First and foremost, "THANK YOU" to Lebanesse for sharing the structure of this system, and to Dave C for coding the EA for us all. Over the past few days I have been running backtest and optimization testing, as I described in post 291 utilizing the ...

trend catching with NonLagDot indicator

Backtesting and optimizing of inputs has its place if done correctly, but if done poorly all you are doing is curve fitting. I personally backtest and optimize first over the previous year (in sample period), then I take that result and test over ...

trend catching with NonLagDot indicator

EXCELLENT warning. GREEN pips to one and all in the waning moments of this year and in the exciting New Year to come.

Bar Sequence Patterns