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The paradox System 2023 (for beginners) 716 replies

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The Paradox System

Has anyone given any thought to reprogramming the paradox for mt5 just as a back up plan. This system that we have been trading for years is only good if mt4 exists and its probably a long way from becoming obsolete but if this will be our career than we should have a plan. I know we could come up with something close but I really like how Dana has done it. It’s hard to replicate some of the indicators parameters.
Quoting Contra
Has anyone given any thought to reprogramming the paradox for mt5 just as a back up plan. This system that we have been trading for years is only good if mt4 exists and its probably a long way from becoming obsolete but if this will be our career than we should have a plan. I know we could come up with something close but I really like how Dana has done it. It’s hard to replicate some of the indicators parameters.
Seems that maas solved this topic. See post 714 in this thread:
https://www.forexfactory.com/thread/1217686-the-paradox-system-2023-for-beginners?page=36
Quoting OliveBranch
{quote} & speaking of which with regards to the privilege we have because of the source ... credit where it is due. I am wondering Marcos, if I may ask yourself and others looking on ... ??? I entered this trade today 2hrs after reset, as I usually do when they turn up & they have to date a greater than 80% success rate. Today was TP+40 taken from the market. Quicker than usual, but I am not focused about speed - accuracy is what counts. I am wondering if there is a way of identifying when they will more likely be failures before an entry into the...

base on ur entry u enter the trend. Romar is down. white smooth is down. and ema crossed purple for a full blown trend going down. And with the db attached with magenta and paradox divergence telling u the trend will continue for the downtrend.
To reach that level of determination is a matter of the will.
Quoting TraderMarcos
{quote} base on ur entry u enter the trend. Romar is down. white smooth is down. and ema crossed purple for a full blown trend going down. And with the db attached with magenta and paradox divergence telling u the trend will continue for the downtrend.
Yes, I used to think the ROMAR down was a requirement for that entry - however it seems it is not the confluence factor as far as I can tell so far.
Allow me to explain...

On the day before my entry (USA session) there was an entry on the PSAR hit with the DB at the bottom (1800 hours chart time) for the Long & +40 was had - yet, for the exact same reason for the Long as a counter ROMAR Trend entry, I did the Short on the next day's example shown on the chart.
So what I am saying is, regardless of following ROMAR Trend or Counter ROMAR Trend, the same success of greater than 80% is achieved - but not 100% success. I was wondering if there is a missing confluence factor in such a trade that so far has eluded myself which might transform the entry to be more in line with a 95 - 100% successful entry or is a >80% success rate something that we must accept from this scenario do you think?
If you make up your own rules then the story is sad.....
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