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CHOROS System

  • #16,561
  • Aug 7, 2025 2:47pm Aug 7, 2025 2:47pm
Quoting crazzzzzy
Hi guys, Im a very old user of the system and reader of the thread. Kostas, Birdland and others, I remember we had also created a chatroom back in 2012. Anyways had been away for a while. The doc file in the first post has broken links (404) is there any way to get that updated? Thanks.
Are you crazzzzzzzy?
The only file not working is The Simple Dance due to size.
Here it is again in 2 parts.

By the way, I am using M1 to fine tune trades but not as my only timeframe.
My best TFs are M15 and M5.
Attached File(s)
File Type: pdf The Simple Dance Part Two.pdf   1.7 MB | 655 downloads
File Type: pdf The Simple Dance Part One.pdf   1.3 MB | 324 downloads
  • #16,562
  • Aug 8, 2025 12:44am Aug 8, 2025 12:44am
And since you made me post after some time, here is a classic trade from yesterday.
Attached Image (click to enlarge)
Click to Enlarge Name: M15-35-50 - Copy.PNG Size: 26 KB
  • #16,563
  • Aug 8, 2025 12:58am Aug 8, 2025 12:58am
Quoting kostas1
And since you made me post after some time, here is a classic trade from yesterday. {image}
Have your system change
Do you mind to ewrite tye rules and inficators in this new chart.?
  • #16,564
  • Aug 8, 2025 1:13am Aug 8, 2025 1:13am
Quoting Puntacana
{quote} Have your system change Do you mind to ewrite tye rules and inficators in this new chart.?
Nothing changed, if you don't have the time to read the thread, focus on the first few pages and then the last 30-50 pages.
  • #16,565
  • Edited 2:36am Aug 8, 2025 2:07am | Edited 2:36am
Quoting kostas1
{quote} Nothing changed, if you don't have the time to read the thread, focus on the first few pages and then the last 30-50 pages.
OK i have to get to the page where you explain why you added r MONTHLY,DAILY PIVOT ,I mean first set up was only MA ans round numbers,them you changed it to use pvot level too.
  • #16,566
  • Aug 8, 2025 12:40pm Aug 8, 2025 12:40pm
The trick is never to change your system, Kostas knows it, so it is a winning trader Who is capable of lasting more than 10 years in Forex? Kostas did it, he has shown us the way, we just have to follow him. Remember the name Choros System, it's like listening to a melody and dancing, if you want to dance to the rhythm of music, you will have to pay attention to music. Sometimes music is fast, other times slowly, but if you have the steps learned, you will always dance, it doesn't matter if the melody is very fast or slow, because you know how to dominate the steps. Then, try to learn the Choros system in which years and years of knowledge have been put years, only for you, for us. The purpose is to make money friends? No friends, it's enjoying trading, going day after day studying until one day you will understand and you will can say to everybody I am a trading genius, that day you will remember because the steps of the dance are never forgotten. God distributes luck, you know, mathematics is difficult, but not impossible.
  • #16,567
  • Aug 11, 2025 6:35am Aug 11, 2025 6:35am
I noticed that while the manual specifies that "MA must be a very steep angle", this is in fact very subjective.
The MA angle does not only depend on data, but also on the size of your charts.
You can observe this yourself, changing the horizontal size of your chart in MetaTrader.
Notice how MA angle becomes steeper when you reduce the chart horizontally.
  • #16,568
  • Aug 11, 2025 8:45am Aug 11, 2025 8:45am
Quoting kostas1
{quote} At some point later in the thread, I have the MAs that I usually follow. Here they are again: H4: EMA 10, SMA 35, EMA 50, SMA 200 H1: EMA 10, SMA 35, EMA 50, EMA 40 (=H4 EMA10) M15: EMA 10, SMA 35, EMA 50, EMA 40 (=H1 EMA10), EMA 160 (=H4 EMA10) M5: EMA 5, EMA12, EMA 23, SMA 50, EMA 120 (=H1 EMA10) Just focus on the 35/50 first (preferably M15), just keep the H1 10 and H4 10 equivalents as a reference.
I mean no offence, but from mathematical point of view M15 EMA 40 is NOT the same as H1 EMA 10.
SMAs are the same, but not EMAs (even if they look quite close).
EMA uses the past data fades exponentially.
For H1 bar, data is the same for all 4 M15 periods it contains.
But on M15 chart, all those 4 bars are DIFFERENT!
Therefore, past fading is not the same.
  • #16,569
  • Aug 11, 2025 9:09am Aug 11, 2025 9:09am
Quoting Norg
I noticed that while the manual specifies that "MA must be a very steep angle", this is in fact very subjective. The MA angle does not only depend on data, but also on the size of your charts. You can observe this yourself, changing the horizontal size of your chart in MetaTrader. Notice how MA angle becomes steeper when you reduce the chart horizontally.
Norg,
If you spend sometime reading thought the thread you will see that there are differences from the manual. In the CHOROS we use a FIXED y-axis for the charts (200p for H1, 150p for M15, 100p for M5, 50p for M1). This takes care of the subjectiveness of what is steep. You will find this discussed in the thread several times.
Unfortunately, I am too busy to create a CHOROS manual. The best way to understand is start with the Dance and then study this thread to see the modifications.
  • #16,570
  • Aug 11, 2025 9:13am Aug 11, 2025 9:13am
Quoting Norg
{quote} I mean no offence, but from mathematical point of view M15 EMA 40 is NOT the same as H1 EMA 10. SMAs are the same, but not EMAs (even if they look quite close). EMA uses the past data fades exponentially. For H1 bar, data is the same for all 4 M15 periods it contains. But on M15 chart, all those 4 bars are DIFFERENT! Therefore, past fading is not the same.
All the higher TF MAs are "represented in the lower TFs" with the best approximation, just for reference. There are some nice tools developed for more accurate representation of higher TF MAs but I don't use them since the approximation is good enough. We don't use these for taking trades, just to remind us what is going-on at the higher TF.
Nevertheless, over thousands of trades it is amazing how many times these higher TF approximations are respected to the pip from the price action.
  • #16,571
  • Aug 11, 2025 9:17am Aug 11, 2025 9:17am
Thank you, Kostas, for having took time to reply!
  • #16,572
  • Aug 11, 2025 9:34am Aug 11, 2025 9:34am
Quoting Norg
Thank you, Kostas, for having took time to reply!
Always for an old friend !
  • #16,573
  • Aug 19, 2025 5:57pm Aug 19, 2025 5:57pm
Quoting kostas1
And since you made me post after some time, here is a classic trade from yesterday. {image}

Hello Sir, Can u share the indicator's and the template in that picture sir??
  • #16,574
  • Aug 20, 2025 1:10am Aug 20, 2025 1:10am
Quoting Tabary
{quote} Hello Sir, Can u share the indicator's and the template in that picture sir??
Attached File(s)
File Type: mq4 AutoPivotIndicator_ver5.mq4   31 KB | 163 downloads
File Type: mq4 Candle_Time_End_And_Spread.mq4   2 KB | 134 downloads
File Type: ex4 Daily_Open_Line mod-x.ex4   8 KB | 127 downloads
File Type: mq4 MA_In_Color.mq4   4 KB | 144 downloads
File Type: mq4 MTF_HI_LOW_v1.1.mq4   21 KB | 153 downloads
File Type: mq4 Round Numbers Beige.mq4   4 KB | 152 downloads
File Type: tpl m15.tpl   51 KB | 127 downloads
  • #16,575
  • Aug 21, 2025 8:33am Aug 21, 2025 8:33am
Quoting kostas1
{quote} {file} {file} {file} {file} {file} {file} {file}

Thank you verymuch Sir
  • #16,576
  • Aug 25, 2025 1:46am Aug 25, 2025 1:46am
Quoting crazzzzzy
Hi guys, Im a very old user of the system and reader of the thread. Kostas, Birdland and others, I remember we had also created a chatroom back in 2012. Anyways had been away for a while. The doc file in the first post has broken links (404) is there any way to get that updated? Thanks.

hello crazzy,
Yes, I vaguely remember chatroom. Choros or dance still works. The really challenging things in practice are often waiting hours for the signal, or the question when you leave the house, do you take your laptop with you or is your smartphone enough?

Good luck to everyone, keep at it, it pays off ;-)
trading is like dancing, don't think and just listen to the music!
  • #16,577
  • Aug 29, 2025 4:44am Aug 29, 2025 4:44am
... It's been a long time since I've posted here. I'd like to greet the FF community, especially the Choros community. I just wanted to pay tribute to this system, which for me, was the final destination of a very long 15-year trading journey. During that time, I saw many setups. Choros is simple. And for me, that's the main criterion. I used to work a lot in "one minute" time frame with Ichimoku, and then with an amazing dynamic support and resistance system invented by a Frenchman. While these two approaches had many qualities, they also had the same main problem: the analysis was too complicated. That's not the case with Choros.

Today, and for some time now, I've adopted a graphical reading similar to Clay's (RIP, great respect for your generosity). I no longer use "one minute" time frame, which is too brutal and stressful, but rather the much calmer "3-minute" chart, exclusively on the Dax 40 (I've worked almost only on the Dax since I started; I know it like a brother). I always have these three timeframes on the side of my 34" screen: H1-H4-D1. The relevance of the contacts between the price and the moving averages truly honors the system. I just wanted to point that out. The dynamic support and resistance systems work perfectly.

I've made the Choros my own, it's true, and I work with it every day. I obviously have my own method (which I'll keep to myself, I won't be posting it), but I remain very close to the initial spirit.

I read all three threads in their entirety. It was very long but fascinating. On those old posts, I met some dedicated, generous, and relevant people. I don't remember all the names, but there's one I'll never forget: thank you, Kostas (I was on vacation in your country this summer ).

I'll share one or two tips when I can. I've received a lot from this thread, so I feel I owe it to the community to give back.

Attached Image (click to enlarge)
Click to Enlarge Name: Cadrage.png Size: 10 KB
Dax only.
  • #16,578
  • Aug 29, 2025 5:22am Aug 29, 2025 5:22am
My " 3-minute" chart. (mt5)
Attached Image (click to enlarge)
Click to Enlarge Name: m3.png Size: 9 KB
Dax only.
  • #16,579
  • Aug 29, 2025 6:20am Aug 29, 2025 6:20am
Quoting Tyross
... It's been a long time since I've posted here. I'd like to greet the FF community, especially the Choros community. I just wanted to pay tribute to this system, which for me, was the final destination of a very long 15-year trading journey. During that time, I saw many setups. Choros is simple. And for me, that's the main criterion. I used to work a lot in "one minute" time frame with Ichimoku, and then with an amazing dynamic support and resistance system invented by a Frenchman. While these two approaches had many qualities, they...
Nice to see you again old friend, so happy you found your way !
Very kind of you to contribute here and give back to the community

P.S. Some important points for the new guys that probably contributed to Tyross's success:
1. 15 yrs journey (never give up, dedicated person)
2. Adopting Choros to his own needs
3. Focusing on just one instrument and learning everything about it's behaviour.
4. Generosity: giving back to the community
  • #16,580
  • Aug 29, 2025 7:05am Aug 29, 2025 7:05am
Quoting kostas1
{quote} Nice to see you again old friend, so happy you found your way ! Very kind of you to contribute here and give back to the community P.S. Some important points for the new guys that probably contributed to Tyross's success: 1. 15 yrs journey (never give up, dedicated person) 2. Adopting Choros to his own needs 3. Focusing on just one instrument and learning everything about it's behaviour. 4. Generosity: giving back to the community
Hi Kostas, I've never met you, but I've read so many of your posts that I feel like I'm talking to an old friend.

I will post in strict respect to the thread.

Bye
Dax only.
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