mulri Posted May 29, 2010 Report Share Posted May 29, 2010 hello synergy, just sell when red arrow appears and vice versa? or we enter on the next candle after arrow appears? thanks Only after the candle close and start of the new candle, after the arrow appears..! crushbeat 1 Quote Link to comment Share on other sites More sharing options...
crushbeat Posted May 30, 2010 Report Share Posted May 30, 2010 hello, does the signal have sound in it?  thanks Quote Link to comment Share on other sites More sharing options...
Guest hftlh Posted May 30, 2010 Report Share Posted May 30, 2010 Just my personal opinion, I think the 7ma needs to be above the 21ma for a buy to work well and vice versa. :) Quote Link to comment Share on other sites More sharing options...
Hakim314 Posted May 30, 2010 Report Share Posted May 30, 2010 ... I saw in a post above mine about false signals yes you get them,however i am using b,bands to try to iron out those signals,which works ........best of luck Can You show us on IMAGE example how You apply BBands as a filter ? You trade daily ? Quote Link to comment Share on other sites More sharing options...
mulri Posted May 30, 2010 Report Share Posted May 30, 2010 Only after the candle close and start of the new candle, after the arrow appears..! Sorry crushbeat I take back my above words... Very sorry.. after analyzing the chart, the indicator arrow and the very rules as per LindencourtFX manual, I strongly confirm that you should open a trade as and when just the arrow appears...!  Or I can say like this.. the candle bar at which the Arrow appears is a valid one for opening the trade immediately. I hope the arrow appears only at the opening of the candle. Since the market is now closed, I can not confirm this... But however may be the case.. I am 100% sure to open a trade immediately when the arrow appears... and NO NEED to wait for the close of that candle..! I say this so strongly bcoz, I just now verified the arrow appearance with the rules of the manual and found that it is a valid signal enough to open the trade immediately at the appearance of the arrow..! mmusnia and jmwaraujo 2 Quote Link to comment Share on other sites More sharing options...
synergy Posted May 30, 2010 Author Report Share Posted May 30, 2010 Mulri, You are right. The arrow will only appears at the OPEN of the candle if all conditions are met. So, once the arrow appears, you can place your order without waiting. That is the original rules of Lindencourt. Condition must be met at OPEN of bar (which is close to the previous Close) Quote Link to comment Share on other sites More sharing options...
jmwaraujo Posted May 31, 2010 Report Share Posted May 31, 2010 Mulri, You are right. The arrow will only appears at the OPEN of the candle if all conditions are met. So, once the arrow appears, you can place your order without waiting. That is the original rules of Lindencourt.  Hi synergy, If the arrows follow strictly the Lindercourt original rules, then maybe an EA can be created, using the arrows for entry point. What do you think? Cheers. Quote Link to comment Share on other sites More sharing options...
synergy Posted May 31, 2010 Author Report Share Posted May 31, 2010 jmwaraujo, You may give it a shot if you think so.  However, based on the feedback from the users in this board, this system needs a lot of discretion from the trader before a trade can be entered. I personally thinks that if this is make into an EA, you will need to limit its trading hours, as in certain sessions, the condition is briefly met and the market will just run away, in other words, whipsaws.  On top of that, to have a more secure profit, you may need to implement trailing stops and taking profit near the SR lines as well as partial exits. However, you will need to decide how the robot will take the trade when repeated condition are met, i.e. adding more trades (higher risk/higher profit) or ignore it. Besides, you will need to decide how to handle overbought and oversold situation. BTW, since this indicator is not created by me, you may want to have a discussion with atto (creator of the indicator, post #43) to explore the possibility.  Good luck. jmwaraujo 1 Quote Link to comment Share on other sites More sharing options...
crushbeat Posted May 31, 2010 Report Share Posted May 31, 2010 hello synergy, any sound if the arrow appears? thanks Quote Link to comment Share on other sites More sharing options...
synergy Posted May 31, 2010 Author Report Share Posted May 31, 2010 crushbeat, There is no sound if the arrow appears. Quote Link to comment Share on other sites More sharing options...
crushbeat Posted May 31, 2010 Report Share Posted May 31, 2010 hello, lindencourt is so death if market is ranging as now. Quote Link to comment Share on other sites More sharing options...
joeytrader Posted May 31, 2010 Report Share Posted May 31, 2010 hello, lindencourt is so death if market is ranging as now. Bank holidays (memorial day, I think), tend to put a damper on the market. Quote Link to comment Share on other sites More sharing options...
synergy Posted May 31, 2010 Author Report Share Posted May 31, 2010 Closing one month of demo using lindencourt with a profit of 144% on a $1000 account. This system can produce if follow the rules well. DominoFX 1 Quote Link to comment Share on other sites More sharing options...
crushbeat Posted May 31, 2010 Report Share Posted May 31, 2010 hello synergy, i try today but always loss.. is it bcoz of memorial day? thx Quote Link to comment Share on other sites More sharing options...
synergy Posted May 31, 2010 Author Report Share Posted May 31, 2010 The market is in a slow movement due to Bank Holiday in UK. It is not a good day to trade as the movement is slow and a lot of whipsaws. Take a day break, come back tomorrow. Or you can wait until US market opens and see if the market is more active. I am taking a break today to read some manuals .... ;) Quote Link to comment Share on other sites More sharing options...
murtamad Posted May 31, 2010 Report Share Posted May 31, 2010 There's another post here which has an EA trading the Lindencourt system. Wonder if it uses the same Lindencourt manual system that's discussed here? Maybe the seniors and EA experts here would be able to tell. Anyway, here's the thread: http://indo-investasi.com/showthread.php/6796-Lindenc0urt-amp-Syn3rgy-EA-s Quote Link to comment Share on other sites More sharing options...
JasonKwok Posted May 31, 2010 Report Share Posted May 31, 2010 Right, in the manual, page 79, Andrew has mentioned that when there is a public holiday in Japan, USA, Germany or UK, we should not be trading.  To find out the public holidays, I prefer looking up at the calendar on http://www.forexfactory.com He does not recommend trading GBPUSD on Fri too. Quote Link to comment Share on other sites More sharing options...
joeytrader Posted May 31, 2010 Report Share Posted May 31, 2010  ... Or you can wait until US market opens and see if the market is more active. .... I may be wrong, but I think it is a bank holiday in the US today too. So as you suggested, this may be a good day to take a break from currency trading. Quote Link to comment Share on other sites More sharing options...
jjames Posted May 31, 2010 Report Share Posted May 31, 2010 HI Guys, It would be nice if someone can make a sound alert in the indicator. Or even better sound with pop up. I am not a coder so dont know how to do it would be really nice if someone can do that Thanks JJ Quote Link to comment Share on other sites More sharing options...
crushbeat Posted May 31, 2010 Report Share Posted May 31, 2010 yeah.. i agree with jjames.. if somebody can insert sound alert in this indi.. it would be great.. thanks Quote Link to comment Share on other sites More sharing options...
synergy Posted May 31, 2010 Author Report Share Posted May 31, 2010 I may be wrong, but I think it is a bank holiday in the US today too. So as you suggested, this may be a good day to take a break from currency trading. Thanks joeytrader. Yes it is indeed a bank holiday in UK AND US. I checked Forex Factory but I think I have overlooked the second All day event for today listed for US bank holiday. Quote Link to comment Share on other sites More sharing options...
hermanhess Posted May 31, 2010 Report Share Posted May 31, 2010 Closing one month of demo using lindencourt with a profit of 144% on a $1000 account. This system can produce if follow the rules well. synergy were you risking the usual 2% per trade on demo? Did u use any discretion or did u take all trades on GU if within the rules? Quote Link to comment Share on other sites More sharing options...
synergy Posted May 31, 2010 Author Report Share Posted May 31, 2010 Most of the trades I am risking 2% though I do break the 2% a couple of times. I don't confined myself to GU. I took AC, AU, EA, EG, EU, GC, GU, UC and UJ. I have the best risk reward ratio on USDCHF, follows by EURUSD and USDJPY, USDCAD also not bad. hermanhess, hitescape, Diesel 10 and 1 other 4 Quote Link to comment Share on other sites More sharing options...
san1111 Posted May 31, 2010 Report Share Posted May 31, 2010 (edited) Hi guys, earlier somebody asked LC indi with alert. I put it in and everything switched On: Alert, Sound and Email. Regards hxxp://[email protected]/file/UyqSMQjL/LCSignal_wAlert.html Edited May 31, 2010 by san1111 Error correction crushbeat, okitikan, jjames and 10 others 13 Quote Link to comment Share on other sites More sharing options...
bubblez1990 Posted May 31, 2010 Report Share Posted May 31, 2010 hi i was wondering if anybody can help i am tryin to trade with the lindencourt system but i am having a problem with the fibbonacci pivot points on monday wich is today all the pivot points keep resetting with every 15 min candel and i have all the settings correct can somebody help me out please? Quote Link to comment Share on other sites More sharing options...
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