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Attachments: Tenno system
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Tenno system

  • #1
  • First Post: Jul 23, 2007 5:02am Jul 23, 2007 5:02am
Hi guys,

Here is my perfected system, since my last post titled GBPUSD scalp method, i stop posting cos i am too busy finding my trading system weakness, here is the fact

My system works on GBPUSD only....well at this time
(cos i dont have time testing in any other pairs)
I use basic indicators none of them modified or programmed, so feel happy to test it and post comments

i use MT 3.83
set chart : GBPUSD 5m 15m 1H view it on tile vertically three of them
on 5m set indicator : three EMA 3 5 21,(parabolic sars and Bollinger bands ===> accessories only) and William Percentage range ( period 14 )
same on 15m chart
But on 1H chart i use MA as in sidus method as trend indicator and william percentage range

Trick of the trade :
1H is for temporary today trend
5m and 15m for very short term ( just to see the beginning of the trend) watch for the crosses
Mainly i use combination of William Percentage Range on three time frame (it takes time to master it)

Open sell if 1H william head down direction, followed by 15m and 5m (above 25 line) take your profit if 15m william reach under 75 line and starts to head up

Open buy if 1H william head up and followed by 15m and 5m (below 25) take your profit if 15m william reach above 25 line

If you get lucky u can have 20 to 100 pips per day begining european session

Right now i manage to be constanly earn 20 pips a day

still have a lot to explain my system, i use money management as well

there are still a lot to explain, any question would be great

Happy Trading
never had a loss trade again ever....
  • #2
  • Jul 23, 2007 5:28am Jul 23, 2007 5:28am
Thank you for sharing your system with us!

Could you post a chart for better understanding of entry rules?
And please clarify your stoploss levels if you're using them.

Thank you in advance!
  • #3
  • Jul 23, 2007 5:32am Jul 23, 2007 5:32am
Hi,

Thank you for sharing your system with us!

Just like TheThing said, it would be great if there is a screen shoot of your system.

Thanks
  • #4
  • Jul 23, 2007 5:39am Jul 23, 2007 5:39am
Quoting jogjatrader
Hi guys,

Here is my perfected system, since my last post titled GBPUSD scalp method, i stop posting cos i am too busy finding my trading system weakness, here is the fact

My system works on GBPUSD only....well at this time
(cos i dont have time testing in any other pairs)
I use basic indicators none of them modified or programmed, so feel happy to test it and post comments

i use MT 3.83
set chart : GBPUSD 5m 15m 1H view it on tile vertically three of them
on 5m set indicator : three EMA 3 5 21,(parabolic sars and Bollinger bands ===> accessories only) and William Percentage range ( period 14 )
same on 15m chart
But on 1H chart i use MA as in sidus method as trend indicator and william percentage range

Trick of the trade :
1H is for temporary today trend
5m and 15m for very short term ( just to see the beginning of the trend) watch for the crosses
Mainly i use combination of William Percentage Range on three time frame (it takes time to master it)

Open sell if 1H william head down direction, followed by 15m and 5m (above 25 line) take your profit if 15m william reach under 75 line and starts to head up

Open buy if 1H william head up and followed by 15m and 5m (below 25) take your profit if 15m william reach above 25 line

If you get lucky u can have 20 to 100 pips per day begining european session

Right now i manage to be constanly earn 20 pips a day

still have a lot to explain my system, i use money management as well

there are still a lot to explain, any question would be great

Happy Trading
never had a loss trade again ever....
hello jogja trader..

nice setup.. i hope you will share your template

maturnuwun sanget , DAB !! weleh weleh
Simplicity your Life
  • #5
  • Jul 23, 2007 8:33am Jul 23, 2007 8:33am
Nice to have your comment, i'll try to post my entry set up, here is one, sell open on 15m chart. comment please
Attached Image (click to enlarge)
Click to Enlarge Name: sell open.jpg Size: 53 KB
  • #6
  • Jul 23, 2007 9:22am Jul 23, 2007 9:22am
Quoting jogjatrader
Hi guys,



Open sell if 1H william head down direction, followed by 15m and 5m (above 25 line) take your profit if 15m william reach under 75 line and starts to head up

Open buy if 1H william head up and followed by 15m and 5m (below 25) take your profit if 15m william reach above 25 line
Below 25?????? I think is 75
Johann Channels and cycles are everything
  • #7
  • Jul 23, 2007 11:13am Jul 23, 2007 11:13am
hello Tenno,

Can you explain ur moneymanagement as well please ?

and wat Sl do u use ?
  • #8
  • Jul 24, 2007 4:56am Jul 24, 2007 4:56am
thanks Tragapips, yes i missed type 25, it is 75. I forgot to mention in mt 3.83 i use 25 to 75 scale. on mt4 the scale is 20 to 80, it is the same, above 20 is overbought and below 80 is oversold.

On High Price
i wait for the closest price from the recent high, then watch for the candlestick and william percentage range on 5m to down direction (white body) first on 15m time frame and open sell order, i place my stop loss 5 pips above high. I always set my profit to 10 to 20 pips per trade

it is same on buy order i wait till the price break today's low then i set my buy order

The Thing is : you have to practice william indicator on three time frame at a time, determine the best time to buy or sell ( i have trouble explain it on words...but i'll keep trying to post ) learn how sterling price action up and down, use william to look for price retracement or rebound

for my money management i always use :
0.5 lot on my first trade on high or low then if it tries again to break low or high at 10 pips from my first trade i average it to 1 lot and exit on target profit 15 pips from my second order, i never enter more than 1.5 lot on a single trade exit as early as possible and wait for another william indicator signal for buy or sell through out the day

it is a rather hard to explain system but it works for me...

any question would be great.....
  • #9
  • Jul 25, 2007 2:29am Jul 25, 2007 2:29am
Jog,

Could you post a 5 minute chart of a good gbp/usd trade that you have?

thanks,

hm
  • #10
  • Jul 25, 2007 4:53am Jul 25, 2007 4:53am
Jog,

is it that Sidus system shud be in UP mode as well as Williams of 1hour shud be heading up, to take buy trades on 5/15min charts ?
  • #11
  • Jul 25, 2007 7:31am Jul 25, 2007 7:31am
could you post the 3 timeframe charts with an explanation of entry and exit, please?
  • #12
  • Jul 25, 2007 9:34am Jul 25, 2007 9:34am
Looks like a nice system...keep up the good work
  • #13
  • Jul 25, 2007 11:21am Jul 25, 2007 11:21am
hey jogjatrader can u post your indicator here . thanks
  • #14
  • Jul 26, 2007 10:58pm Jul 26, 2007 10:58pm
Sorry guys, have been busy since may last post

i am working on screenshots of my strategy :

I use basic indicator

1H sidus method is for temporary trend, do look up william indicator on 5m if william on 15m looks downward then sell it is, take your profit if william 5m below 75 or 80 line. Sometimes it generate false signal but most of it profitable.

The fun is : if you happens to sell near high (only after the candlestick pointing downward and sidus indicating downtrend) it could be the high of the day try do sell and place your stop 5 t0 10 pips above high you can ride the profit rollercoaster to low of the day, watch it and learn and repeat it everyday.

Do the same on highest price of the day

If you do your practice properly you are richhhhh.....
after you master the trick
dont forget to learn my way of money management and risk management
on my next post

happy trading
  • #15
  • Jul 26, 2007 11:29pm Jul 26, 2007 11:29pm
Quoting bapho
hey jogjatrader can u post your indicator here . thanks
As tenno eh jogjatrader said, he just uses William's Percent Range (%R) indicator in his system. You can find this indi in MetaTrader platform.
  • #16
  • Edited 2:05am Jul 27, 2007 12:06am | Edited 2:05am
The William's Percent Range of M5, M15 and H1 charts are all heading up. Most of the time, you will get better entries using M5 chart provided that the other two charts have the same direction.
Attached Images
  • #17
  • Jul 27, 2007 5:12am Jul 27, 2007 5:12am
Quoting BillGates
The William's Percent Range of M5, M15 and H1 charts are all heading up. Most of the time, you will get better entries using M5 chart provided that the other two charts have the same direction.
anyone,

what does he use the MA's for?
  • #18
  • Jul 27, 2007 11:02am Jul 27, 2007 11:02am
Quoting watchout4me
anyone,

what does he use the MA's for?

Great man....thanks a lot BillGates ....for posting those screenshots

i think we are in the same path....to become rich constantly.....

as for watchout4me, i use MA mostly on M15 time frames just to filter whether is trending or not....if not the MA should be crossing around

as for sidus method if the price trending down you should wait untill the price reach the highest of the day then sell your way to the lowest price of the day.....

this system is greaaaaaaaaat i mean greaaaaaat for scalping the pound

you should be able to catch 20 pips or more a day just watching the william cruising around, if not you should consult your doctor, are you sick ??????

come on guys try it and tell me how ur doing??
  • #19
  • Jul 27, 2007 11:21am Jul 27, 2007 11:21am
hi jogjatrader did you already using this system in your live account ? and how long did you trade using tenno system and how bout the result maximal drowndown and consecutive losses ?.... and btw thanks for sharing your system
  • #20
  • Edited Aug 3, 2007 1:30am Jul 30, 2007 1:21am | Edited Aug 3, 2007 1:30am
Quoting bapho
hi jogjatrader did you already using this system in your live account ? and how long did you trade using tenno system and how bout the result maximal drowndown and consecutive losses ?.... and btw thanks for sharing your system
Well...to speak the truth i have using this quite a while on live acc i manage to take 20 pips daily its been 6 month now and still testing it on demo acc, looking for weakness and anomalies...so far the result are tremendously

as for maximum drawdown, consecutive losses i dont use one...mainly because i use my risk management so tight, coz my target is only 20 pips, as soon as i reach the target i stopped trading and live on my life as usual

experience is the key to my so simple system.....

nowadays i have been thinking to use the strategy and start to trade with other people money, cos in my country 20 dolar daily is very a good number and you can buy lots of things

if anyone have question feel free to email me at Email removed
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