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What I have learned trading & How I developed my system 6 replies

Need New Indicator Developed 2 replies

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Attachments: My own developed benkyalate system
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My own developed benkyalate system

Quoting oan4fx
this is the last development the simple stratgy .
only one timing indicator with special parameters.
my regards.
oan.
oan4fx

How many last systems are you going to have. This is getting a little overwhelming. I thought (forgiveme) was going to be last , then the godfather , last but not the latest was leon , now this simple one

Of course we all want to use the best so when you come out with a new one we can only assume it is better than the last or that you improved the last system especially if you state "use this one" .
Quoting makey2u
hey is this just about to be a sell signal? thanks guys!

by the way tahts the Eur/GBP 15min!!
it does look like a valid short signal. i believe this is the leo template? i dont remember the older templates looking like that.
I would however wait for the stochastic to show a reversal. This is especially more important for shorter time frame imho.


Quote
You seem to understand clearly this method: could you tell me: if it's possible to use it H1, H4 timeframe?
best regards!
yes it is possible. in fact i was using the godfather template to scalp on 1 mins and sometimes 5 mins.

however do remember the larger the timeframe the better. this system was designed for 4 hour templates. also this applies only to the older templates. i have not tested "leo" and "simple" yet. so i cannot comment on those.
http://img200.imagevenue.com/loc576/..._122_576lo.JPG

looks like a possible entry soon. waiting for stoch to show a reversal and ill enter.

happy learning.
Quoting thelws
http://img200.imagevenue.com/loc576/..._122_576lo.JPG

looks like a possible entry soon. waiting for stoch to show a reversal and ill enter.

happy learning.
You are right on the money. Same goes for GBP/CHF with same TPL
wow... not on leon... but im gonna keep my eye on yours and leon.
And your mouth dropped
Quoting makey2u
wow... not on leon... but im gonna keep my eye on yours and leon.
if you are using any template starting from "forgiveme" or older, the picture that you posted is not a valid entry.

the candle average is not pointing in the right direction.
nono i ment that the price isnt near my res on leon, not only that tho, im using Leon appreantly the Averages got switched around. and that to me actually makes sense now lol... that EUR trade i spoke about last night actually pulled through even tho Oan was suggesting a trade.
And your mouth dropped
Quoting PIPer
Well done Adros!
What TimeFrame are you using?
Thanks!
I use M15
Quoting MCFly
What are your parabolic and slope direction line parameter?
Parabolic SAR - 0.04, 0.5
Slope Direction Line - Period 10, Method 3, Price 0
Hope this helps
Quoting adros84
Parabolic SAR - 0.04, 0.5
Slope Direction Line - Period 10, Method 3, Price 0
Hope this helps
Can U post a screenshot about a signal?

Thanks
Quoting robkaq2
Can U post a screenshot about a signal?

Thanks
Sorry, I cannot post my live trades for obvious reasons. Put the indicators on your chart and the trades will jump at you

OAN hello, with the new systems always apply the rules of a page 1?

A second question when you come with 1H positions where you set stop loss ?
Thank's

Also shorted GBP/USD . If they go against me i will enter at the next retracement with a larger lot size
Attached Images (click to enlarge)
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i have a question is this not a pretty long setup going on right now on gbp/jpy?
Attached Image (click to enlarge)
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And your mouth dropped
Quoting adros84
Well, I won't be able to post my live account as i do not want my brokers hunting me down. However, I must say I modified the Leo template. I only retained the Candle Average and Stochastics. Then I put Color Parabolic, Slope Direction Line and 3-Level ZZ Semafor on my chart.

I buy when the candle Average goes above 0.81, the Slope Direction Line turns blue, the stochastics crosses below 30 and Parabolic moves from above to below the price. For sell, I simply reverse the above.

I trade 2lots (Not very good MM for a $3000 account, but I target...
Hi adros,

Do you mean you don't use the COG indicator anymore ? and which pairs you found most profitable with the 15m tf using your above method ?

Thanks
This might be a possible buy signal on adros method, waiting for the rest indics. to line up. let's see.
Attached Image (click to enlarge)
Click to Enlarge Name: eu15.jpg Size: 247 KB
Quoting trendspider
This might be a possible buy signal on adros method, waiting for the rest indics. to line up. let's see.
What about my photo? check it out,
And your mouth dropped
Quoting makey2u
What about my photo? check it out,
Why are you using 5min tf ?
is there anyway to automate the 3-Level ZZ Semafor? that could make for a great ea with some filters

cheers
Quoting adros84
Parabolic SAR - 0.04, 0.5
Slope Direction Line - Period 10, Method 3, Price 0
Hope this helps
Its me again :-)

So how do you behave when stochs cross 20 (you said 30?!), the slope direction line turnes blue, candleaverage is above 0.81 but the parabolic switches far later. Do you take the trade later?

Regards
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