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I have come to a conclusion the system must be simple and effective without unnessary additional bugs and troubles. The market should be seen clearly to trade and give the predicted profit. The main indicators Supertrend and Nonlagdot do not repaint and do not lag except for the current candle baras well as any other indicator including the moving average, Stochastic or RSI! As for criticism, please, give the constructive criticism for the benefit of all the participants.
And do not forget about money management and diversification of assets! This system can be effective in trading different currency pairs. In confirmation of my words I give the whole of my trading desk at this time. Currency pair : any, but better cross-pairs that give good trends. Time frame : any, but usually 4-hour. Indicators : supertrend, nonlagdot value: 20 The order is placed on the upper point of the market extremum, which is formed after the first rebounce of the market downward when closing price is lower than previous one.
Nonlagdot no repaint forex indicators is one should wait untill the price has exceeded the point of extremum, and only then buy. However, if the price fails to exceed the level of the point of extremum, one should wait. After the formation of a new point of the market extremum, the order should be shifted to that point.
If the color of nonlagdot or supertrend changes to red, the order shoud be canceled. The order is placed on the lower point of the market extremum, which is formed after the first rebounce of the market upward when closing price is higher than previous one. That is one should wait untill the price has exceeded the point of extremum, and only then sell. If the color of nonlagdot or supertrend changes to blue, the order shoud be canceled. Market entries without placing pending orders are not recommended.
Pending orders for market entries are placed with the regard of the amount of the spread and additional 3 pips. The Fibonacci fan nonlagdot no repaint forex indicators constructed from the point of the market extremum at the beginning of its movement and up or down to the opposite extreme point of the current market, that is, from the bottom to the top of the movement when buying and from the top of the movement to the bottom when selling.
It is important not to confuse : the Fibonacci fan is constructed not from the market entry point, but from the point of the beginning of directional movement or trend up or down. Fibonacci fan line, which is closest to the price, serves as the exit level. And the exit order should be moved on this nonlagdot no repaint forex indicators. Martingale is not recommended because it is nonlagdot no repaint forex indicators too risky in case of the lack of capital after several consecutive losing trades.
Adding is recommended solely to profitable positions after the regular change of Nonlagdot color in the direction of the current trend. Your email address will not be published. Leave this field empty. Simple Effective Non Repaint Forex Trading System and Strategy. Entry Rules Buy Rules. RSI Williams Percent Range Forex Simple and Effective Trading Strategy Effective Forex Trading Strategy. PROFX Simple Effective Forex Trading Strategy Using Heiken Ashi and MACD Crossover PROFX Trading System Simple Effective Forex Trading Strategy — BEFORE Simple Effective Forex Cloud With ABCD Pattern Trend Following Strategy Very Simple and effective Forex Trading System.
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