Trend catching with NonLagDot indicator

I'm going to keep this thread simple and straightforward. It makes for great trend catching. So, you just have to be ready to glean ideas from trending movements. We just need one indicator and it will make our life easy.
NonLagDot (20) is exactly what we need.
Let's start: we need to wait until the indicator color changes from red to blue and vice versa, after which we wait for the first pullback to enter the market with pending orders for the breakout of the pullback candle.
I will give some examples so you can understand better.
The time frame is arbitrary, but we'll start with M30.
We trade it as a basket of 12 currency pairs: EU,GU,AU,NU,UC,UJ,EJ,GJ,CJ,AJ,NJ,EN.

SL will be the final blow. If the opposite signal occurs before using our SL 2 option:
1- We keep two opposite trades, each with a stop loss on the last move.
2- We keep both trades open and leave the difference between the two entry points (but in this case the pair is hedged, which means not in the basket).

TP will be when the basket reaches its weekly target (every trader should set one).

For more information and details, one of our traders gave a great summary of the system. (1,684 posts)

Added Multi TF nonlagdot, thanks a lot to Smoothtrader (can be used to filter trades).

. Updated on January 12, 2016

TF (4H)

entry:
When the non-lag point changes color, we place a pending order below the breakout point where the candle color changes.

TP: will be 1.5 of the candle signal size.

Stop Loss: The highest point of the signal candle.


The most important thing is that we start with small risks.
The risk on each trade is $2, but we will build a series of trades that will give us huge wins when our goal is reached.
This sequence will reach profit by doubling the position until the profit of the last open trade.
Therefore, we should reset our risk every time the target of the last open trade hits the price target.