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hey machinator i downloaded the last version template by favourite from the link u provided , also downloaded and exchanged the tma with the modifed one and the tdi as well
and it the set up appears like that

i cant find the red and green line in the tdi indicator , i deleted mt4 and reinstalled it again to make sure and still the same , also used the old tma and tdi before the modified ones and same results
what am i doing wrong
Attached Image (click to enlarge)
Click to Enlarge Name: babon not working.png Size: 31 KB
Quoting rehanovich
hey machinator i downloaded the last version template by favourite from the link u provided , also downloaded and exchanged the tma with the modifed one and the tdi as well and it the set up appears like that i cant find the red and green line in the tdi indicator , i deleted mt4 and reinstalled it again to make sure and still the same , also used the old tma and tdi before the modified ones and same results what am i doing wrong {image}
If the problem is not solved yet,here is tpl,so now everything should work properly.
Rgs,.
Attached File(s)
File Type: tpl Babon-H1.tpl   3 KB | 394 downloads
Success is nothing more than a few simple disciplines, practiced every day.
thanks it is working now
Quoting Machinator
{quote} Hi!) The final summary of Babon by Favorite with all possible explinations and examples you can find here: http://www.forexfactory.com/showthre...87#post6642987 Lance Beggs PA books here: http://www.forexfactory.com/showthread.php?p=7711277#post7711277 ,besidesthe books you can check also his utube channel here: https://www.youtube.com/user/YourTradingCoach You can find compilled and working TMA indicator (just exchange...

Thanks Machinator for all of your help. If i remember right favorite had very rarely loses is this also true for you ? So this system had like 90 percent good trades or more according to favorite i think ?

Best regards
Greetings.
I am new to this forum, but i really liked the discussion in this thread.
I read the major posts here and, as i understand, the result of the whole thing was mr. Favorite's system, right?
I will be testing it now myself, just wanted to ask if i'm not missing something that i should read here, apart from books and video lessons, listed in Favorite's posts.
Oh and one more thing: is it worth to try and automatize this system in future, providing i'll be able to get proper results manually? Yes, i understand this will be really hard, since the system analyzes a LOT of information, but everything we do manually on a computer can be programmed.
Hi there. This system seem interesting to me too. Maybe I'll try to combine it with my Trading System, which is based on "accumulation - distribution of market sentiment during last 36-60 hours". Actually I hope to get more sharp entrances than I have now. BTW, I'm planning to post my trades in real time. Taking into account that me TS gives me approx. 96% of profitable trades, it shall be interesting for both pros and beginners.

Never cry over the split milk, people)))!
i just have a question about the method
do u ever buy when price below the cloud on m1 chart . or ever sell when price above the cloud?
Quoting rehanovich
i just have a question about the method do u ever buy when price below the cloud on m1 chart . or ever sell when price above the cloud?
I'd like to know this as well.
What if we have a clear trend up and the price suddenly went below the cloud. But we can expect it climbing up again, am i right?
Quoting jgadefelth
{quote} Thanks Machinator for all of your help. If i remember right favorite had very rarely loses is this also true for you ? So this system had like 90 percent good trades or more according to favorite i think ? Best regards
hi!
Let me explain on todays trades. First one was in wrong direction,EJ sell ,just after position was opened price went againts me,I closed it manually,so got -7.1 pips loss. After when price went above 132.59 I opened long it was nice classic babon entry after M1 beyond the cloud formed,I hold it till TMA M15 and H4 middle line as well and closed at 133.00 so got + 38 pips. And third one- nice short on AU ,also classic babon entry from 07662 to 0.7942 ,another very fast 20 points.
So statistically 33% and a little bit more of my today's trades were looser,but practically I don't care about it,and close the trading day in bold profit ))
Market every given day gives oppportunities get /and of course loose money,with Fav's system you can catch some or most of them. Just practice practice and practice.

My advice -take Fav's system ,and tear on peaces but make it work for u. If it does not in short/medium/long term ,so that means u are not following rules or there are individial problems or lack of experince or u are doing something else wrong.

take care and trade safe.
Success is nothing more than a few simple disciplines, practiced every day.
Quoting OlegDN888
Hi there. This system seem interesting to me too. Maybe I'll try to combine it with my Trading System, which is based on "accumulation - distribution of market sentiment during last 36-60 hours". Actually I hope to get more sharp entrances than I have now. BTW, I'm planning to post my trades in real time. Taking into account that me TS gives me approx. 96% of profitable trades, it shall be interesting for both pros and beginners. Never cry over the split milk, people)))!
Привет Oleg ,
nice idea and looking impatiently for your inputs !

Rgs.
Success is nothing more than a few simple disciplines, practiced every day.
Quoting rehanovich
i just have a question about the method do u ever buy when price below the cloud on m1 chart . or ever sell when price above the cloud?
no,the logic here is following- ichimoku cloud shows support and resistance.We are buying beyond support and selling under resistance.

Rgs.
Success is nothing more than a few simple disciplines, practiced every day.
What do our system say about the situations, like the one at eurusd right now?
When the price suddenly breakes through H4 TMA and we still see a clear trend up?
I, personnaly, am afraid to do anything now.
Attached Image (click to enlarge)
Click to Enlarge Name: trend.jpg Size: 163 KB
Quoting Vlx.
What do our system say about the situations, like the one at eurusd right now? When the price suddenly breakes through H4 TMA and we still see a clear trend up? I, personnaly, am afraid to do anything now. {image}
8. Pattern "Double breakout"

See Picture 3

a). Price is close to TMA H1

b). TMA H1 and TMA H4 are close, but TMA H1 is not beyond TMA H4.

c). Price goes towards TMA H1 border and TMA H4 border

In that case price usually makes a very good movement, breaks both TMA H1 and TMA H4 and goes much further.

Attached Image
http://www.forexfactory.com/attachme...1&d=1366125624
Aggressive, High Risk, High Gain, High Accuracy
Quoting Machinator
{quote} hi! Let me explain on todays trades. First one was in wrong direction,EJ sell ,just after position was opened price went againts me,I closed it manually,so got -7.1 pips loss. After when price went above 132.59 I opened long it was nice classic babon entry after M1 beyond the cloud formed,I hold it till TMA M15 and H4 middle line as well and closed at 133.00 so got + 38 pips. And third one- nice short on AU ,also classic babon entry from 07662 to 0.7942 ,another very fast 20 points. So statistically 33% and a little bit more of my today's...

Hi thanks for your answear. Price went against you ? what does that mean that you use price action, if so the one mentioned in this thread or something else ?


Best regards
Quoting pretorian1
{quote} 8. Pattern "Double breakout" See Picture 3
Oh i see. And now we, apparently, have a pattern 9. Makes sense, thank you.
Quoting Vlx.
{quote} Oh i see. And now we, apparently, have a pattern 9. Makes sense, thank you.
Yes, as TMAs are repaiting, it can turn into a Pattern No9. But, despite the fact that you had "Double Breakout Pattern" and now you said have "TMA H1 beyond TMA H4", personally i do not feel comfortable, when I trade after a big momentum candle after news release (the one from H1 chart), and I'm trying not to trade after them.

Regards, Michael
Aggressive, High Risk, High Gain, High Accuracy
Two trades for today both short AUD/USD .First one was opened a little bit early and I had to pay for it -5 pips.The second one was chrestomathy trade ,just the beautiful one- market payed me +26 pips.
Better situation was also on EUR/JPY- hope somebody catch this nice move from higher H4H1 upper border to H1 opposite one.

Rgs.,
David.
Attached Image (click to enlarge)
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Success is nothing more than a few simple disciplines, practiced every day.
Quoting pretorian1
{quote} Yes, as TMAs are repaiting, it can turn into a Pattern No9. But, despite the fact that you had "Double Breakout Pattern" and now you said have "TMA H1 beyond TMA H4", personally i do not feel comfortable, when I trade after a big momentum candle after news release (the one from H1 chart), and I'm trying not to trade after them. Regards, Michael

Hi Michael!
Glad to see u active time to time in the thread !!!!
Take care yourself!!
Success is nothing more than a few simple disciplines, practiced every day.
Quoting jgadefelth
{quote} Hi thanks for your answear. Price went against you ? what does that mean that you use price action, if so the one mentioned in this thread or something else ? Best regards
Yes the price went against me and i close the trade.What the problem?!
Moreover I have a suspecious that I have read about it somewhere...
Look in the screenshot below -revelation from Mikhail page 16 the next verse of Babon system

Rgs.,
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-02-04 12_52_48-Favorite Babon System.pdf - Adobe Reader.jpg Size: 22 KB
Success is nothing more than a few simple disciplines, practiced every day.
By the way look in the screenshot below- exiting on TMA15 was the best possible close for this trade.

Rgs.,
and have a nice day.
Attached Image (click to enlarge)
Click to Enlarge Name: The best possible exit on TMA15.jpg Size: 161 KB
Success is nothing more than a few simple disciplines, practiced every day.
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