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Payapa Trading System - Modified Ali's Version

  • #41
  • May 10, 2020 10:21am May 10, 2020 10:21am
Quoting alhalawi
Hi all Payapa trading system is not known widely in the Forex world and it can be Very Profitable Best trading time frames are M15 and H1 i have modified the original system to be more simple to trade and believe me it's extremely simple. i will attach the Templates and the indicators used i will also attach the modification of Fibonacci to be used as SL and Profit Targets this system should get you 3 RR Trades which is high in regards to other systems There is 2 types of entries on this system one conservative and non conservative Conservative:...
Profit Target should be set to Tp 3 using the Fibo indicator using the attached settings
you did not upload this indicator please upload it too.
  • #42
  • May 10, 2020 10:54am May 10, 2020 10:54am
Please look at the parameters of the moving averages in the RSI window.

They aren't based on RSI at all....................

You could plot them on the main chart and they would look exactly the same.
  • #43
  • May 10, 2020 11:20am May 10, 2020 11:20am
Quoting Gt3rs
Please look at the parameters of the moving averages in the RSI window. They aren't based on RSI at all.................... You could plot them on the main chart and they would look exactly the same.
That's the point and TDI has a large following and some very respected traders using it. Looks like just a different take on it.
  • #44
  • May 10, 2020 11:45am May 10, 2020 11:45am
this may help with areas to buy sell, the original payapa from VMJ
Attached File(s)
File Type: pdf PAYAPA._VMJ_WEALTH_CREATION_(1)(1).pdf   4.6 MB | 5,902 downloads
  • #45
  • May 10, 2020 2:23pm May 10, 2020 2:23pm
Quoting Spikehunter
{quote} That's the point and TDI has a large following and some very respected traders using it. Looks like just a different take on it.
Could you send the link for TDI please?
  • #46
  • May 10, 2020 3:23pm May 10, 2020 3:23pm
Quoting majid1357
{quote} Profit Target should be set to Tp 3 using the Fibo indicator using the attached settings you did not upload this indicator please upload it too.
The fibo indicator is built in mt4

you should change the settings
Attached Image
  • #47
  • May 10, 2020 3:26pm May 10, 2020 3:26pm
i would like to mention that for some doubts about this system

you can always use the higher timeframe as to take the trade following the high timeframe trend and using the support and resistance

the entry of this system is what determines its accuracy

all systems should not be used blindly and higher timeframe analysis is always king to take lower timeframe entries

TRADE SAFE
  • #48
  • May 10, 2020 3:35pm May 10, 2020 3:35pm
As and example:

EURAUD higher timeframe analysis

price has broken channel and have now retested it so we should look for long positions

on payapa system we wait for candle close above MA to take long position as all other entry criterias are met
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUD.png Size: 83 KB
Click to Enlarge Name: EURAUD1.png Size: 62 KB
  • #49
  • May 10, 2020 3:36pm May 10, 2020 3:36pm
Quoting jheprivate
{quote} Could you send the link for TDI please?
I will upload later for you when I get back to the pc.
  • #50
  • May 10, 2020 3:42pm May 10, 2020 3:42pm
Quoting jheprivate
{quote} Could you send the link for TDI please?

Here you go
Attached File(s)
File Type: mq4 TDI-With_Alerts.mq4   24 KB | 1,061 downloads
  • #51
  • May 10, 2020 4:00pm May 10, 2020 4:00pm
Another example of higher timeframe analysis

GBPNZD daily chart price is touching the trendline for the third touch

on payapa system we got and entry

so long position is favorable
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPNZD.png Size: 55 KB
Click to Enlarge Name: GBPNZD1.png Size: 57 KB
  • #52
  • May 10, 2020 4:36pm May 10, 2020 4:36pm
Quoting alhalawi
i would like to mention that for some doubts about this system you can always use the higher timeframe as to take the trade following the high timeframe trend and using the support and resistance the entry of this system is what determines its accuracy all systems should not be used blindly and higher timeframe analysis is always king to take lower timeframe entries TRADE SAFE
can you guide me how to change that settings to your settings by some images?
  • #53
  • May 10, 2020 6:55pm May 10, 2020 6:55pm
Thanks for sharing, the system seems interesting ... i did't get the GN signal nthis is my chart
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 54 KB
  • #54
  • May 11, 2020 1:03am May 11, 2020 1:03am
hello, if the course in the sl was long, for example, you are looking for the next long entry for this system?
  • #55
  • May 11, 2020 1:51am May 11, 2020 1:51am
i have tested this template and those indicators on several pairs last night and unfortunatley i can tell you all indicators except moving average on the chart (that it is not very useful for us) repaint themselves , i thought rsi and MA oscillators in the bottom of the chart dont repaint but after they hit a support or resistance and turn back whem market continues its previous direction again those support and resistance levels will fail and oscillator will get away from those levels again so this system is too good to be true .
because it is a completely repainting system.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 520 KB
  • #56
  • Edited 3:49am May 11, 2020 3:21am | Edited 3:49am
Attached Image (click to enlarge)
Click to Enlarge Name: RoboForex - MetaTrader 4.png Size: 131 KB

Quoting majid1357
i have tested this template and those indicators on several pairs last night and unfortunatley i can tell you all indicators except moving average on the chart (that it is not very useful for us) repaint themselves , i thought rsi and MA oscillators in the bottom of the chart dont repaint but after they hit a support or resistance and turn back whem market continues its previous direction again those support and resistance levels will fail and oscillator will get away from those levels again so this system is too good to be true ....
Hi majid1357!! I think something is wrong with ur entry!! I dont know u read the first page? "There is 2 types of entries on this system one conservative and non conservative
Conservative:
Price should be at green support or red resistance on the indicator
signal should appear
candle should close above or below the MA

Non Conservative:
Price should be Between 70 & 90 or 30 & 10 on the indicator
signal should appear
candle should close above or below the MA". Ur entry not following the rule!! Check out!!
Time is your friend; impulse is your enemy! - John Bogle
  • #57
  • May 11, 2020 3:23am May 11, 2020 3:23am
Attached File(s)
File Type: ex4 Traders_Dynamic_Index.ex4   16 KB | 766 downloads
Attached File(s)
File Type: mq4 Traders_Dynamic_Index.mq4   17 KB | 720 downloads
  • #58
  • May 11, 2020 3:47am May 11, 2020 3:47am
a reliable trading strategy , system , indicator or EA must prove itself in live test only during long term (at least 1 to 2 years), not backtest nor any other environment...
  • #59
  • May 11, 2020 4:10am May 11, 2020 4:10am
I Have updated the TPL and deleted the repainting indicator which we don't need anymore

Entry is at candle close after crossing 21 EMA

also we should see if the 21 EMA at the indicator window is leading the herd for accurate setup
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZD.png Size: 53 KB
Click to Enlarge Name: USDCAD.png Size: 61 KB
Click to Enlarge Name: AUDUSD.png Size: 52 KB
  • #60
  • May 11, 2020 4:18am May 11, 2020 4:18am
Quoting majid1357
i have tested this template and those indicators on several pairs last night and unfortunatley i can tell you all indicators except moving average on the chart (that it is not very useful for us) repaint themselves , i thought rsi and MA oscillators in the bottom of the chart dont repaint but after they hit a support or resistance and turn back whem market continues its previous direction again those support and resistance levels will fail and oscillator will get away from those levels again so this system is too good to be true ....
The only thing that repaints is your inexperience. The Rsi and Ma oscillators follow price. They do not repaint. To start off you sold at level 50 as per your pic. Wrong.

You need to do some serious learning friend. I hope this is not your live account. You do not even have stop losses as per the thread starters guide.

Cheers.
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