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Lean Mean Money Making Machine

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  • Post# 1
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  • First Post: Jan 24, 2013 12:34am | Edited Jan 28, 2013 4:36pm – added indicator and template, added note
  • ashur123
    Joined Dec 2008 | 153 Posts | Status: Good Health=Good Wealth
Hey everyone! I'm here to show you a trading method that I have developed. This system produces incredibly accurate signals of when to buy or sell.

About me:

I have been involved with the forex markets for 9 years now. I have blown numerous accounts, but continuously kept trying. After my last big loss, I ended up putting this system together and so far it's looking very promising! I've thought about keeping this system just to my self, but now I believe I should share my idea with everyone so that we can all move forward and succeed together. I've been on this forum for quite some time now and I haven't contributed much, so here is my way of saying thank you.

Hamilton Forex System:

This system uses the Metatrader 4 hour chart and Oandas Daily chart.

Metatrader 4 hour chart
-Center of Gravity (3000,1,1.1618)
-Moving Average exponential(500)(150)(50)

Oanda Daily Chart
-Heiken-Ashi candles
-Starc (250,300)(100,150)


BUY
1.We look at our 4 hour metatrader chart. If moving average is all below the center of gravity, we are looking to BUY.
2. We then go to Oandas Daily chart, if price is below Starc bands we are good for a BUY.
3. We wait for heiken-ashi to form new low, we put a limit order at the high of the green heiken-ashi candle that was before the train of red candles.
4. Once order is filled, we put stop loss at the low of the red candles

Take profit is determined by using fibonacci. You put the first point at the stoploss and the second point at the entry. Our takeprofit is the line furthest away. This is also our turning point, at this point we would begin looking for possible SELLS to form.

SELL
Sell is vice versa of BUY.

I wish a life time of success and happiness to everyone viewing this thread and I hope everyone will prosper well from this system.


*****IMPORTANT****
When you load the template, scroll all the way until you see the very beginning of the Center of Gravity indicator. This insures that the full 3000 bars of data needed are being provided
Attached Images (click to enlarge)
Click to Enlarge

Name: 4 hour example.jpg
Size: 313 KB Click to Enlarge

Name: Daily chart.jpg
Size: 363 KB
Attached Files
File Type: mq4 gravity_center.mq4   7 KB | 565 downloads
File Type: tpl hamilton forex.tpl   43 KB | 462 downloads
  • Post# 2
  • Quote
  • Jan 24, 2013 12:41am
  • ashur123
    Joined Dec 2008 | 153 Posts | Status: Good Health=Good Wealth
Here is a video I put together real quick showing some more examples of my trades.

Inserted Video
  • Post# 3
  • Quote
  • Jan 24, 2013 2:51am
  • domenicfx
    Joined Sep 2012 | 10 Posts | Status: Member
very nice
  • Post# 4
  • Quote
  • Jan 24, 2013 4:55am
  • Jaquemate
    Joined Nov 2010 | 358 Posts | Status: Member
Hi ashur123.
I like your idea.
I have some questions if you are pleasant to reply to me.

1. Could you post a template?. I dont understand center of gravity settings. If i put this settings COG is invisible at my chart.
2. What is Starc indicator?. Could you attached?.
3. Do you have any stadistical for comment?.

Good work mate.

Regards.
That which you give to others, life will return it in spades
  • Post# 5
  • Quote
  • Jan 24, 2013 10:20am
  • ashur123
    Joined Dec 2008 | 153 Posts | Status: Good Health=Good Wealth
Quoting Jaquemate
Hi ashur123.
I like your idea.
I have some questions if you are pleasant to reply to me.

1. Could you post a template?. I dont understand center of gravity settings. If i put this settings COG is invisible at my chart.
2. What is Starc indicator?. Could you attached?.
3. Do you have any stadistical for comment?.

Good work mate.

Regards.
Hey Jacque, I just posted the template I use plus the center of gravity indicator. The STARC indicator come with the Oanda chart. For this system I strongly recommend you open a demo account with Oanda just to use their Heiken-Ashi chart and Starc bands. As for stats, I don't have much yet considering I took a very big loss before I discovered this system. I will keep updating this thread though so the stats will be coming in.
  • Post# 6
  • Quote
  • Jan 24, 2013 10:20am
  • ashur123
    Joined Dec 2008 | 153 Posts | Status: Good Health=Good Wealth
Quoting domenicfx
very nice
thank you!
  • Post# 7
  • Quote
  • Jan 24, 2013 10:39am
  • ashur123
    Joined Dec 2008 | 153 Posts | Status: Good Health=Good Wealth
Here is why I am in the SELL position of CAD/JPY. We went back to our last BUY signal and we used our fibonacci. Our fibonacci shows that the last Fibo line was hit recently. This is a strong indication that the market is looking to reverse. This point would have also been the take profit of our last Buy signal.
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  • Post# 8
  • Quote
  • Jan 24, 2013 2:16pm
  • xixi
    Joined Aug 2012 | 45 Posts | Status: Member
Thanks ashur123 for sharing your system!
It looks very promising!

I've just setup a template on MT4 and Oanda. The STARCs on those two platform look a bit different :-)
Is there any reason why you suggest Oanda chart?

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  • Post# 9
  • Quote
  • Jan 24, 2013 2:19pm
  • kristjantelve
    Joined Oct 2006 | 210 Posts | Status: Member
Hey there

Looks like nice system you have discovered (Y).
I have question thou: Why we canīt use MT4 STARC indicator and Heiken candels?

Regards

Kristjan
  • Post# 10
  • Quote
  • Jan 24, 2013 6:46pm
  • ashur123
    Joined Dec 2008 | 153 Posts | Status: Good Health=Good Wealth
Quoting xixi
Thanks ashur123 for sharing your system!
It looks very promising!

I've just setup a template on MT4 and Oanda. The STARCs on those two platform look a bit different :-)
Is there any reason why you suggest Oanda chart?

Attachment 1123359

Attachment 1123363
The reason I use Oanda is because I also use their Fibo retracement, which I like more than MT4, plus I prefer Oandas heiken-ashi candles. I guess it's a matter of preference. But depending on what setting's you use on MT4, it may give you different entry signals than it would have in Oanda.
  • Post# 11
  • Quote
  • Jan 24, 2013 7:18pm
  • ashur123
    Joined Dec 2008 | 153 Posts | Status: Good Health=Good Wealth
A quick look at EUR/JPY....

This system makes trading very very simple and allows you to have time to do so many other things. You only need to check the charts once a day.
Attached Image (click to enlarge)
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Name: EURJPY.jpg
Size: 458 KB
  • Post# 12
  • Quote
  • Jan 24, 2013 10:32pm
  • xixi
    Joined Aug 2012 | 45 Posts | Status: Member
Quoting ashur123
The reason I use Oanda is because I also use their Fibo retracement, which I like more than MT4, plus I prefer Oandas heiken-ashi candles. I guess it's a matter of preference. But depending on what setting's you use on MT4, it may give you different entry signals than it would have in Oanda.
Thanks ashur!
  • Post# 13
  • Quote
  • Jan 24, 2013 10:46pm
  • xixi
    Joined Aug 2012 | 45 Posts | Status: Member
Quoting ashur123
A quick look at EUR/JPY....

This system makes trading very very simple and allows you to have time to do so many other things. You only need to check the charts once a day.
Yeah, it's very simple.
Looks like price has already gone very far from the highest fibo level. Let's see if it breaks the highest low or not

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  • Post# 14
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  • Jan 24, 2013 11:16pm
  • ashur123
    Joined Dec 2008 | 153 Posts | Status: Good Health=Good Wealth
Quoting xixi
Yeah, it's very simple.
Looks like price has already gone very far from the highest fibo level. Let's see if it breaks the highest low or not

Attachment 1123559
Exactly and look how far price is away from the Starc bands. It's been away from it for a while now, so it's yearning to go back to it! Be ready for some very nice profits.
  • Post# 15
  • Quote
  • Jan 25, 2013 12:13am
  • ashur123
    Joined Dec 2008 | 153 Posts | Status: Good Health=Good Wealth
According to this system, price wants to drop down to the 1300 area for XAU/USD. As you can see from the pictures, there's a big chance that there may be a drop coming soon.
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Size: 265 KB
  • Post# 16
  • Quote
  • Jan 25, 2013 12:35am
  • xixi
    Joined Aug 2012 | 45 Posts | Status: Member
Quoting ashur123
According to this system, price wants to drop down to the 1300 area for XAU/USD. As you can see from the pictures, there's a big chance that there may be a drop coming soon.
Hi ashur,

According to your system, is the point at white circle in the chart below the correct sell signal?

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  • Post# 17
  • Quote
  • Jan 25, 2013 1:01am
  • ashur123
    Joined Dec 2008 | 153 Posts | Status: Good Health=Good Wealth
No, there is a little red candle hiding after where you have circled. Here it is zoomed in...
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Name: gold4.jpg
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  • Post# 18
  • Quote
  • Jan 25, 2013 1:47am
  • xixi
    Joined Aug 2012 | 45 Posts | Status: Member
Quoting ashur123
No, there is a little red candle hiding after where you have circled. Here it is zoomed in...
No, I assumed that present price is just as below.

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Name: gold4.jpg
Size: 201 KB
  • Post# 19
  • Quote
  • Jan 25, 2013 5:34am
  • campco ● Online
    Joined Jul 2009 | 34 Posts | Status: Member
Looks good to me! Thanks Ashur.
I'l defenitely try!
  • Post# 20
  • Quote
  • Jan 25, 2013 2:25pm
  • ashur123
    Joined Dec 2008 | 153 Posts | Status: Good Health=Good Wealth
Quick look at the EUR/GBP. We will wait for price to return to STARC bands if we want to enter a BUY on this one. There is still profit to be made.
Attached Images (click to enlarge)
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Name: EURGBP.jpg
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Name: EURGBP2.jpg
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