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The Paradox System

  • #15,061
  • Jan 14, 2019 10:50am Jan 14, 2019 10:50am
Somewhere on this thread I had explained about using a simulator with The Paradox. For one thing the Paradox creates its own data and the broker that it creates its data from is a broker that runs 6 days a week. In which I had explained very thoroughly. The broker MUST OPEN 17:00 EST on Sunday and close the following Friday at 17:00 EST. If the broker you use does not open and close at those times then The Paradox will not work. If you add or take away anything from any of the charts then you had corrupted The Paradox data and The Paradox will not work.

I need not say any more.
The Dove - Forex Trainer
  • #15,062
  • Jan 14, 2019 10:54am Jan 14, 2019 10:54am
Quoting Forbas
{quote} Nothing has been added. This is just the control panel for the simulator. It comes with it and can't be disabled. All I did was applied standard H2 template to this chart. On my demo account there is nothing added and never will be as I can understand how this can compromise all the indicators. I would never intentionally broke the rules :-) Regards
Then you are using the wrong simulator. The simulator must not add anything to the chart but only to the bar.
The Dove - Forex Trainer
  • #15,063
  • Jan 14, 2019 11:34am Jan 14, 2019 11:34am
Quoting dove_alliance
{quote} Then you are using the wrong simulator. The simulator must not add anything to the chart but only to the bar.
In that case I wont use it.

Thanks for clearing this for us.
  • #15,064
  • Jan 14, 2019 5:30pm Jan 14, 2019 5:30pm
EURJPY Date: 15/01/19
News: Usd news, 1:30 pm gmt, Eur News 3pm gmt

Daily:
ROMAR:Resistance
EMA: Resistance/Support (slider)
PSAR: Support

Checklist:

Last MACD 0 crossing: up
Lat EMA alert arrow: down
Last DB attachment: 118.765, Sar 125.080
Fibo: Green and up

Notes: Romar downtrend. Daily consolidating, with a current ema slider. Last sar attachment was at the Psar resistance, 5 candles prior. We now have Psar support which is currently 75 pips away.


4HR:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 crossing: down
Last DB attachment: bottom, 123.758 ,moving together with sar
Fibo: red and down

Notes: Romar Downtrend, with 4hm all down. Market made a low with the db/sar in between the 61.8 and 100 fibo with LSB divergence.


2HR:
Opening Price: 124.030
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 crossing: up
Lat EMA alert arrow: down
Last DB attachment: bottom 123.754, sar top, 124.
Fibo: green and up

Notes:Romar downtrend. We are currently in a slider against ema with smooth/ white cross yet ema not ready for the crossing. We have a conflicting macd signal against the main trend, with h2 psar keeping the trend intact by holding resistance.
1HR:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance (current bar)

Checklist:

Last MACD 0 crossing: up
Lat EMA alert arrow: down
Fibo: green and up

Notes: Romar downtrend. 4hm turning back down. BB’s flat lined and moving sideways, we have conflicting signals with the macd up and ema arrow down, as market consolidates sideways and the romar out of trading zone.
Final Notes:

Evaluation: h1 consolidating sideways, h2 in a downward consolidation, h4 turned down, and daily consolidating up. We are in consolidation with h2 psar holding resistance and daily psar support. Currently we have h4 purple/ white holding support.
With the current down trend still showing on all charts I will look to enter short at a good level of resistance, I.e a hit on h4 ema. Unless anything changes. I will stay alert in the moment and make any adjustments should anything change.
  • #15,065
  • Jan 14, 2019 6:52pm Jan 14, 2019 6:52pm
Quoting SuchParadox
EURJPY Date: 15/01/19 News: Usd news, 1:30 pm gmt, Eur News 3pm gmt Daily: ROMAR:Resistance EMA: Resistance/Support (slider) PSAR: Support Checklist: Last MACD 0 crossing: up Lat EMA alert arrow: down Last DB attachment: 118.765, Sar 125.080 Fibo: Green and up Notes: Romar downtrend. Daily consolidating, with a current ema slider. Last sar attachment was at the Psar resistance, 5 candles prior. We now have Psar support which is currently 75 pips away. 4HR: ROMAR: Resistance EMA: Resistance PSAR: Resistance Checklist: Last MACD 0 crossing: down Last...

entry: Entered a sell as close to h2 romar resistance, with the confluence of psar resistance on h4 , and romar on h1
Attached Image (click to enlarge)
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  • #15,066
  • Jan 14, 2019 8:39pm Jan 14, 2019 8:39pm
Quoting TyD
{quote} Hey yuda Yes, this seems to be a common issue with backtesting and simulating. The data is not live. I cannot speak for the simulator because I have not tried it. This post will not contains any information that you want to hear sadly. Downloading data is a nono because the data is not from Forex.com broker. Using the "Download" button in the history center in MT4 is also a nono because it yields in bad data (don't know why). As far as I know, there is only one way to retrieve accurate data from a broker and that is following the steps on...
Hai TyD,

thanks for pointing out how to download the correct data from broker, really helpful. i would really love too having the data since 2015 especially H1,H4 & D.
I also found on my chart that SAR stop at September 2018, looking left there is no SAR attachment again (back test without simulator).. is it something wrong with my chart setting ?. Following what have been discussed is difficult for me because not seeing chart correctly. I put hope on Paradox, still struggling in the learning process.

thanks..
Attached Image (click to enlarge)
Click to Enlarge Name: SAR.PNG Size: 65 KB
  • #15,067
  • Jan 15, 2019 2:04am Jan 15, 2019 2:04am
Date : 15-1-2019 / 9:00 - 03:00 EST
Daily
ROMAR: Resistance
EMA: Support
PSAR: Support
Check List:
Last MACD 0 crossing : Up
Last EMA Alert Arrow : Up
Last DB Attachment : Bottom @ :118.765
Last SAR Attachment : Top @ :125.080
Fibo up or down : Up / Green
Notes : EMA crossed Purple up. EMA is support and in an uptrend. 4HM are in uptrend. EMA alert appeared but not locked yet. Romar still resistance and in a downtrend.

4 Hr
ROMAR: Resistance
EMA: Resistance
PSAR: Support
Check List:
Last DB Attachment : Bottom @ :123.758
Last SAR Attachment : Top @ :124.844
Fibo up or down : Down / Red
Notes : Romar and EMA still in downtrend. Parabolic flipped but not confirmed. 4HM in process for turning up. Market went a bit above 4Hr ROMAR, where SAR connected.

2 Hr
OPEN PRICE: 124.026
ROMAR: Resistance
EMA: Support
PSAR: Support

Check List:
Last MACD 0 crossing : Up
Last EMA Alert Arrow : Up
Last DB Attachment : Top @ 124.844 :
Last SAR Attachment : Top @ 124.844 :
Fibo up or down : Up / Green
Notes : Romar still in downtrend. Romar crossed Purple up, making Romar Supp and Res. EMA in uptrend together with 4HM. EMA alert arrow appeared but after MACD arrow. DB and SAR are connected at Top together with divergence. 2Hr in consolidated uptrend.



1 Hr :
ROMAR: Support
EMA: Support
PSAR: Support
Notes : 1Hr in Uptrend. Fibo flipped to red.

Final Notes for all three charts :
Market in consolidation. H1 is in uptrend. H2 in consolidated uptrend. H4 and Daily in consolidation.
H2 EMA heading for ROMAR. Will wait for market to retrace to support and will look for long position.
  • #15,068
  • Jan 15, 2019 2:09am Jan 15, 2019 2:09am
Session: January 15th, 2019 EUR/JPY.
Red News: USD & EUR

Daily
Romar: Resistance
EMA: Support
Parabolic: Support
EMA last arrow: DOWN, MACD: UP

H4
Romar: Resistance
EMA: Support
Parabolic: Support

H2
Romar: Resistance / Support
EMA: Support
Parabolic: Support
EMA last arrow: UP, MACD: UP

H1
Romar: Support
EMA: Support
Parabolic: Support

Daily (big picture) final note
The market is between 61.8 resistance and the Parabolic support. White Purple is at the crossing for the down and EMA is still support.

H1 H2 H4 final note
H2 everything is pointing up and only the standard Divergence is connected at the top with DB. H4 everything is pointing up with EMA Purple just crossed for the up and H4 SAR is showing at the top on Romar resistance. H1 is in sync with H2, but H2 Romar EMA has yet to cross for the up.

Market type
Ranging / Consolidation

Projected entry
Looking to go long at H2 support with confluence from the other charts to bring out the H2 hidden Divergence at the top.
  • #15,069
  • Jan 15, 2019 2:11am Jan 15, 2019 2:11am
Trading plan 15/01/2019
Economic news : ECB President Draghi Speaks. PPI m/m
Daily
ROMAR - resistance
EMA - support
Parabolic - support
Last SAR Attachment – up at 125,080
Fibonacci – green.

H4
ROMAR - resistance
EMA - support
Parabolic – support
Last SAR Attachment –top at 124.844
Fibonacci –red.
H2
ROMAR – resistance/ support
EMA – support
Parabolic- support
Checklist:
Last DB Attachment – top at 124,844
Fibonacci – green. H1 ROMAR - support
EMA - - support
Parabolic- support
Fibo –red. Consolidation. Rules for determining consolidation: 1: If one of the trading charts are not in sync with one another you are in consolidation. 2: If the Daily ROMAR/EMA are not sync with 1 and 2 hour charts you are in consolidation.
Rules for consolidation: a: The 2 hour is your trading/trend chart. b: Use the Daily Chart S/R as reference for consolidation. c: You can trade either short or long in consolidation. d: Trade from resistance to support and vice-versa. Do not trade from center in consolidation. e: Both upper and lower bands are resistance and support in consolidation.
Last DB Attachment up and I am looking for sales from resistance.
Either I will find a way, or I will make one...
  • #15,070
  • Jan 15, 2019 2:18am Jan 15, 2019 2:18am
I went on sale:
1) Selling from level 23.6 fibo Н4.
2) SAR hit in romar H4 ( resistance)
3) Unbalance with purple on H4
4) H2 DB hit romar (resistance/support)
unbalance with purple on
Attached Image (click to enlarge)
Click to Enlarge Name: Н2 15,01,19.JPG Size: 184 KB
Either I will find a way, or I will make one...
  • #15,071
  • Jan 15, 2019 3:08am Jan 15, 2019 3:08am
Quoting Lakers
Session: January 15th, 2019 EUR/JPY. Red News: USD & EUR Daily Romar: Resistance EMA: Support Parabolic: Support EMA last arrow: DOWN, MACD: UP H4 Romar: Resistance EMA: Support Parabolic: Support H2 Romar: Resistance / Support EMA: Support Parabolic: Support EMA last arrow: UP, MACD: UP H1 Romar: Support EMA: Support Parabolic: Support Daily (big picture) final note The market is between 61.8 resistance and the Parabolic support. White Purple is at the crossing for the down and EMA is still support. H1 H2 H4 final note H2 everything is pointing...
Entry with rules/confluences

  1. Entered mid-candle at H2 H4 EMA support, and H1 Parabolic support.
  2. H4 EMA Purple just crossed for the up, changing EMA trend to up.
  3. The Daily and H2, MACD : UP
  4. The target is to bring out the H2 hidden Divergence.
  5. TP is before last H2 DB resistance attachment

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 74 KB
  • #15,072
  • Jan 15, 2019 3:29am Jan 15, 2019 3:29am
+40 pips I happy with the deal
Attached Image (click to enlarge)
Click to Enlarge Name: ВП 15,01,19.JPG Size: 211 KB
Either I will find a way, or I will make one...
  • #15,073
  • Jan 15, 2019 5:29am Jan 15, 2019 5:29am
Quoting Lakers
{quote} Entry with rules/confluences Entered mid-candle at H2 H4 EMA support, and H1 Parabolic support. H4 EMA Purple just crossed for the up, changing EMA trend to up. The Daily and H2, MACD : UP The target is to bring out the H2 hidden Divergence. TP is before last H2 DB resistance attachment {image}
Result
-40 pips

Evaluation
Terrible entry from center. I don't know why I made a mid-candle entry, the market is not trending or swinging, and the entry is not off Purple or off Parabolic. I was too focused on the Divergence. And not focusing on support or resistance using the indicators to find confluence. Just bad entry and trading plan.
Always from center, and keep losing.
  • #15,074
  • Jan 15, 2019 7:53am Jan 15, 2019 7:53am
Some people may find this helpful.

Those tags on either side of the moment bar i treat a bit like the street curb. At the beginning of a bar the tag faces Left, to the past, the ending of the bar the tag faces to the right & to the future. The end of a bar and the opening of the next is like walking along & coming across a street curb. When i learned how to cross the road from my mum when i was a kid... i was taught to Stop when i reached the roadside. Then to Look Left, Look Right & listen - if safe then i can proceed without hesitation to my destination when the time was right - ie: the destination being the other side of the road. If i don't STOP, then look left, then look right & listen ... but just look to the other side & do not listen to my mum's advice in how to cross the road and just cross the road willy nilly ... then I get run over pretty easy. The next thing she probably said or implied was something along the lines of... "Do you think it might hurt if you get run over by a car?"

That was what my mum taught me. Nobody else has ever bothered to teach me this stuff - not one person. Lucky I had a good mum the first time around. Lucky I listened. & to prove how good this advice is...I have only ever been run over by a car once, but not on the road at all. Never on the road....It happened when walking across a driveway behind a learner driver that I thought I had taught them the difference between Forward and Reverse. I agree, we all must love our kids to death, BUT there is a limit to how much we can bear to take a punch in the face in order to prove that we do actually love them to death . Who runs over their own Dad? & What kind of trader will they ever become?
A good one I trust, who learns from their mistakes, not on the street, but on the footpath. I wish that trader the best with all my heart.

There's lots of ignorant animals over here in Australia. Some of them animals are lying down just "taking a breather" on the side of highways and are called "Road Kill". Vultures love eating Road Kill. Easy prey. Day in, day out them vultures get fatter and fatter.

Learning on the street means getting run over first and then learn the lesson afterwards if you can...or we can learn to listen to mum first and get the lesson before we venture out on the street. We can all learn the best way or we can learn the way of the street. One thing we can guarantee is that which ever way you choose to learn, you're going to get an outcome.

Why did the chicken cross the road without looking? To get to "the other side" (RIP). boom boom
If you make up your own rules then the story is sad.....
  • #15,075
  • Jan 15, 2019 11:14pm Jan 15, 2019 11:14pm
Good Day all,

Herewith my trading plan for today.

EURJPY
Date: 16/01/2019
News: No


Daily:
ROMAR: Resistance
EMA: Resistance
PSAR: Support, but eliminated

Checklist:
Last MACD 0 crossing: Up
Last EMA alert arrow: Down
Last SAR attachment: Top @ 125.080
Last DB attachment: Bottom @ 118.765
Fibo: Green - Up

Notes:
4 Horsemen: White crossed Purple. EMA crossed Purple. Smooth about to cross Purple.
White crossing Purple puts the market in consolidation. It does not eliminate the trend, but it does eliminate the Parabolic

4HR:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:
Last MACD 0 crossing: Down
Last EMA alert arrow: Red - Down
Last SAR attachment: Top @ 124.844
Last DB attachment: Bottom @ 123.387
Fibo: Green - Up

Notes:
4 Horsemen: Purple swinged down. Smooth crossed White. PARABOLIC flipped to the top 2 bars ago.

2HR:
Opening Price: 123.978
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:
Last MACD 0 crossing: Down
Last EMA alert arrow: Red – Down
Last SAR attachment: With DB
Last DB attachment: Bottom @ 123.387
Fibo: Green - Up

Notes:
4 Horsemen: All in downtrend swing.


1HR:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:
Last MACD 0 crossing: Down
Last EMA alert arrow: Red - Down
Fibo: Green - Up

Notes:
4 Horsemen:All in downtrend swing.

Rules:
When White crossed Purple on any chart, it places the whole system in consolidation.
EMA and ROMAR must be in sync on the 1hr and 2hr charts before a trade can be taken.

Final Notes:
Daily – Consolidation because White crossed Purple
4Hr – Downtrend
2Hr – Downtrend
1Hr – Downtrend

Although the market is in consolidation, because of the cross of White and Purple on the Daily, all the other charts are in a downtrend.
The 2Hr is the trading chart – trade from a resistance only as the swing is down.
As per my humble opinion, the entry was when the 2Hr bar opened at EMA. I missed it. Now, I will wait for another pullback to a resistance level. That could be the EMA on the 2Hr.
  • #15,076
  • Jan 16, 2019 12:23am Jan 16, 2019 12:23am
Quoting Rocket101
Good Day all, Herewith my trading plan for today. EURJPY Date: 16/01/2019 News: No Daily: ROMAR: Resistance EMA: Resistance PSAR: Support, but eliminated Checklist: Last MACD 0 crossing: Up Last EMA alert arrow: Down Last SAR attachment: Top @ 125.080 Last DB attachment: Bottom @ 118.765 Fibo: Green - Up Notes: 4 Horsemen: White crossed Purple. EMA crossed Purple. Smooth about to cross Purple. White crossing Purple puts the market in consolidation. It does not eliminate the trend, but it does eliminate the Parabolic 4HR: ROMAR: Resistance EMA: Resistance...
Sell trade taken with opening of new 2Hr candle. Even although the market did not pull back to EMA, Smooth was the resistance on the opening of the new candle. It was also just below 23.6 fibo.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 147 KB
  • #15,077
  • Jan 16, 2019 1:17am Jan 16, 2019 1:17am
Trading plan 16/01/2019
Economic news : no
Daily
ROMAR - resistance
EMA -
Parabolic - support
Last DВ and SAR Attachment – up at 125.080
Fibonacci – green. Purple crossed white and smooth. Purple in EMA.
H4
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last DB and SAR Attachment – down at 123.387
Fibonacci – green. Riders are pointing down
H2
ROMAR – resistance
EMA –resistance
Parabolic- resistance
Checklist:
Last DB Attachment – down at 123.387
Fibonacci – green. Purple crossed white H1 ROMAR - resistance
EMA - - resistance
Parabolic- resistance
Fibo – green.
We are have consolidated downtrends because Purple in EMA, Parabolic – support Daily
Rules for downtrends: a: ROMAR and EMA must be in sync on both 1 and 2 hour to trade short.
b: The 1 hour is your reference chart with the 2 hour trend chart. c: Trades are made from the resistance area to go short.
I have 40 points to Fibo 0 H2. I am waiting for a rollback to support (EMA H2) to enter sales.
Either I will find a way, or I will make one...
  • #15,078
  • Jan 16, 2019 2:00am Jan 16, 2019 2:00am
Session: January 16th, 2019 EUR/JPY.
Red News: none

Daily
Romar: Resistance
EMA: Resistance
Parabolic: Support
EMA last arrow: DOWN, MACD: UP

H4
Romar: Resistance
EMA: Resistance
Parabolic: Resistance

H2
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
EMA last arrow: DOWN, MACD: DOWN

H1
Romar: Resistance
EMA: Resistance
Parabolic: Resistance

Daily (big picture) final note
The market opened below EMA again causing White Smooth EMA at the crossing with Purple for the down and Parabolic is still acting as support. And every Romar EMA trend are for the down but only the Daily Parabolic is for the up compare to the other charts.

H1 H2 H4 final note
H4 everything is pointing for the down with both Divergence showing at the bottom with DB/SAR so next stop is to go resistance. H1 H2 are also pointing for the down, and both White Purple crossed. H2 only the standard Divergence is showing at the bottom.

Market type
Ranging in a downtrend / Down swinging.

Projected entry
H1 H2 H4 Romar EMA trend are in sync for the down, and Daily EMA Purple is on the cross for the down. Only be looking to short from resistance, preferably when H2 SAR shows up.
  • #15,079
  • Jan 16, 2019 2:05am Jan 16, 2019 2:05am
Went on sale with a bang SAR in EMA H2 according to your trading plan
Attached Image (click to enlarge)
Click to Enlarge Name: Н2 16,01,19.JPG Size: 190 KB
Either I will find a way, or I will make one...
  • #15,080
  • Jan 16, 2019 2:12am Jan 16, 2019 2:12am
Quoting Lakers
Session: January 16th, 2019 EUR/JPY. Red News: none Daily Romar: Resistance EMA: Resistance Parabolic: Support EMA last arrow: DOWN, MACD: UP H4 Romar: Resistance EMA: Resistance Parabolic: Resistance H2 Romar: Resistance EMA: Resistance Parabolic: Resistance EMA last arrow: DOWN, MACD: DOWN H1 Romar: Resistance EMA: Resistance Parabolic: Resistance Daily (big picture) final note The market opened below EMA again causing White Smooth EMA at the crossing with Purple for the down and Parabolic is still acting as support. And every Romar EMA trend...
Entry with rules/confluences

  1. Every Romar EMA trend for the down on all the charts.
  2. H2 "Stop And Reverse" showing at the top on EMA resistance and by FIBS 23.6.
  3. Mid-candle entry off H4 Purple.
  4. TP is before the last H2 DB support attachment, and FIBS "0".

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 127 KB
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