Non-Lag Dot Indicator voor MT5

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Non-Lag Dot Indicator for MT5

Introduction to the Non-Lag Dot Indicator

Trend direction and trend reversal indications are often some of the most important components of a technical analysis. This allows traders to identify which direction to trade and when to open a trade. The Non-Lag Dot Indicator is a technical analysis tool developed to help traders identify trend direction and trend reversals.

What is the Non-Lag Dot Indicator?

The Non-Lag Dot Indicator is a trend following technical indicator which indicates trend direction by plotting a series of dots on the price chart. These dots track the movements of price action quite closely. The dots this indicator plots also changes color to indicate the direction of the trend. It plots a green dot to indicate a bullish trend direction or bias, and magenta dots to indicate a bearish trend direction or bias.

Non-Lag Dot Indicator voor MT5

How the Non-Lag Dot Indicator Works?

The Non-Lag Dot Indicator is an indicator which is derived from an underlying moving average indicator. It simply tracks the points of the moving average and plots dots on these points. It also compares the current point with its preceding point. If the current point has a higher value compared to the previous point, the indicator will plot a green dot. If the value of the current point is lower than that of the previous point, then it would plot a magenta dot.

How to use the Non-Lag Dot Indicator for MT5

This indicator has several option fields within its indicator settings.

“Applied price” refers to the price point on a price bar which the indicator uses as the price data for its computation.

“Smoothing method” refers to the moving average calculation method which the indicator would use for its underlying moving average line.

“Indicator calculation period” refers to the number of price bars or periods the indicator would use for its calculation.

“Horizontal shift of the indicator in bars” allow users to shift the dots forward or back.

How to use the Non-Lag Dot Indicator for MT5

This indicator can be used as a trend direction indicator based on the color of the dots. Traders can then decide to trade only in the trend direction indicated by the dots.

Related to this, traders can use this indicator as a trend reversal indicator wherein traders would use the changing of the color of the dots as a trend reversal signal. This method is best done however in confluence with other technical analysis indications. The examples below only show the signals without the confluences.

Trade Setup kopen

Wanneer moet u invoeren?

Open a buy order as soon as the Non-Lag Dots change to green. Zet de stop loss op de steun onder het item kaars.

Wanneer moet u afsluiten?

Close the trade as soon as the Non-Lag Dots change to magenta.

How to use the Non-Lag Dot Indicator for MT5 - Koop handel

Trade Setup kopen

Wanneer moet u invoeren?

Open a sell order as soon as the Non-Lag Dots change to magenta. Zet de stop loss op de weerstand boven de ingang kaars.

Wanneer moet u afsluiten?

Close the trade as soon as the Non-Lag Dots change to green.

How to use the Non-Lag Dot Indicator for MT5 - Handels verkopen

Conclusie

The Non-Lag Dots Indicator can be a useful trend reversal signal indicator. Echter, as a standalone signal indicator, it would not always be very accurate. Als zodanig, it is best to use this indicator in confluence with other technical indications preferably developing on a higher timeframe. Traders could then use this indicator as an entry signal while opening the trade on a lower timeframe as a trade entry trigger.

MT5-indicatoren – Downloadinstructies

Non-Lag Dot Indicator for MT5 is a Metatrader 5 (MT5 MT5) indicator en de essentie van deze technische indicator is het transformeren van de geaccumuleerde geschiedenis gegevens.

Non-Lag Dot Indicator for MT5 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Op basis van deze informatie, handelaren kunnen verdere prijsbeweging aannemen en hun strategie dienovereenkomstig aanpassen. Klik hier voor MT5 Strategies

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How to install Non-Lag Dot Indicator for MT5.mq5 to your MetaTrader 5 Grafiek?

  • Download Non-Lag Dot Indicator for MT5.mq5
  • Copy Non-Lag Dot Indicator for MT5.mq5 to your Metatrader 5 Directory / Deskundigen / Indicatoren /
  • Start of start uw Metatrader opnieuw 5 Client
  • Selecteer Grafiek en tijdsschema waar u uw mt5-indicator wilt testen
  • Zoek “Aangepaste indicatoren” in uw Navigator meestal links in uw Metatrader 5 Client
  • Right click on Non-Lag Dot Indicator for MT5.mq5
  • Aan een grafiek koppelen
  • Instellingen wijzigen of op ok drukken
  • Indicator Non-Lag Dot Indicator for MT5.mq4 is available on your Chart

How to remove Non-Lag Dot Indicator for MT5.mq5 from your Metatrader 5 Grafiek?

  • Selecteer de grafiek waar de indicator wordt uitgevoerd in uw metatrader 5 Client
  • Klik met de rechtermuisknop in de grafiek
  • “Lijst met indicatoren”
  • De indicator selecteren en verwijderen

Non-Lag Dot Indicator voor MT5 (Gratis downloaden)

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