Whether you're working with renko or range bars, I would recommend that you come up with an indicator panel which can show you the rate of time change between bars. That way, when you see your signal, you can tell if you ever had a chance to get a ...

Range bar cloud scalping method

You only need one or two reasons to take a trade. More reasons don't increase your odds. If you want a high win rate (70%+) then your target is going to match or be less than your stop. If you want 40-60% then you lose more but make more per trade ...

Range bar cloud scalping method

You may want to paper trade this longer. 5% of your trades accounted for 71% of your profits. One trade out of 57 accounted for 35% of your profits.

Monthly Profit - Daily Trading using SMA

This is an update to the NonLagDot indicator for NinjatTrader 7. I first posted the code on page 88 (Post #1744). There was a bug in the code which did not refresh the dot properly if you had "Calculate on bar close" set to false (this means you ...

trend catching with NonLagDot indicator

For those of you looking into trading NonLagDot on the oil futures (i.e., CL contract), the problem with the 30 min is that the Crude contract doesn't get as many minor pullbacks as the currencies do when it starts taking off. Also, the SL's can ...

trend catching with NonLagDot indicator

On the off chance there may be some viewers of this forum who would like to use Lebaneese's system with NinjaTrader 7 connected to a Forex broker, I found a version of nonlagdot.mq4 (nonlagma_original.zip) that had already been ported. I did have to ...

trend catching with NonLagDot indicator

ficibald, I think you can attribute that to the U.S. Markets being closed for a holiday.

trend catching with NonLagDot indicator

The U.S. Markets are closed today. Lebaneese, have you found that to not be important as far as currency trading goes?

trend catching with NonLagDot indicator

Lebaneese, On that UC trade, it's not shown in your student's chart, but don't you (personally) trail the entry UP on a short to follow 1 pip below any successive higher lows which may form after the pullback bar? Also, when I started this thread, ...

trend catching with NonLagDot indicator

Dave, Using this 1:1 RR with a $500 PT / $500 SL in your just started forward test on the VPS, did you find in backtesting that the winning baskets converged to a 70% success rate? Thanks for the info.

trend catching with NonLagDot indicator

I think you're realizing that the basket isn't a diversification of the risk, but rather, an amplification of it (i.e, higher leverage). It's like if I were trading 1 contract of each of the e-mini futures. They're too highly correlated overall so ...

trend catching with NonLagDot indicator

Lebaneese and Dave, I mainly just lurk but signed up at FF just so I could post to personally thank both of you for your efforts to help others become successful at this very tough business. Dave, just an observation. I use NinjaTrader with ...

trend catching with NonLagDot indicator