Payapa Trading System - Modified Ali's Version | Page 4 | Forex Factory

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Payapa Trading System - Modified Ali's Version

  • #61
  • May 11, 2020 4:28am May 11, 2020 4:28am
Ok some people have mentioned TDI which is known in the forex world

if you want also to use the combination i have attahced the indicator here and see how the 2 set of rules meet to be also EXTRA CAREFUL in your trading

another thing to mention is you can always set your trade to BE once price is at TP1 and once at TP2 you can put your position on TP1 and so on "kind of trailing stop"
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF.png Size: 76 KB
Attached File(s)
File Type: ex4 TDI-With_Alerts.ex4   45 KB | 1,127 downloads
File Type: tpl Payapa Ali with TDI.tpl   10 KB | 1,184 downloads
  • #62
  • May 11, 2020 5:28am May 11, 2020 5:28am
Quoting alhalawi
Ok some people have mentioned TDI which is known in the forex world if you want also to use the combination i have attahced the indicator here and see how the 2 set of rules meet to be also EXTRA CAREFUL in your trading another thing to mention is you can always set your trade to BE once price is at TP1 and once at TP2 you can put your position on TP1 and so on "kind of trailing stop" {file} {file} {image}
First of all!! I want to thank you for the great system! I think im in love how simple and clean my chart!! Second: If its reachd the target we can swing trade? Attaching one of my chart so u know what im asking!
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Time is your friend; impulse is your enemy! - John Bogle
  • #63
  • May 11, 2020 5:38am May 11, 2020 5:38am
Quoting Viki84
{quote} First of all!! I want to thank you for the great system! I think im in love how simple and clean my chart!! Second: If its reachd the target we can swing trade? Attaching one of my chart so u know what im asking! {image}

Surely

you can use the fibo level at retrace areas like 61.8 % and get a signal from payapa system and swing it till -61.8 % which will get you a huge RR

i think when analyzing from higher time frame and taking entry using payapa system then that's exactly swinging using top notch entry

Glad you like it and there is always rooms for improvements
  • #64
  • May 11, 2020 6:17am May 11, 2020 6:17am
Quoting Wavegarrick
{quote} 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.
Beware
RSI doesn't repaint
MA doesn't repaint.

However :
A MA scalled down to RSI's 0/+100 max boundaries DOES repaint (cuz MA's not supposed to be limited by any boundary in the first instance).

So majid1357 might be "inexperienced", but to me, he is totally right.
  • #65
  • May 11, 2020 6:30am May 11, 2020 6:30am
Quoting corsican
{quote} Beware RSI doesn't repaint MA doesn't repaint. However : A MA scalled down to RSI's 0/+100 max boundaries DOES repaint (cuz MA's not supposed to be limited by any boundary in the first instance). So majid1357 might be "inexperienced", but to me, he is totally right.
The scales could be extended correct but not repaint

anyway we have many confirmation combination of setups before entering the trade which gives us higher RR

and as i said you can always check higher timeframe analysis as a top down approach
  • #66
  • May 11, 2020 6:47am May 11, 2020 6:47am
AUDJPY
one of the trades taken today
All rules met
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  • #67
  • May 11, 2020 6:51am May 11, 2020 6:51am
Quoting alhalawi
{quote} The scales could be extended correct but not repaint anyway we have many confirmation combination of setups before entering the trade which gives us higher RR and as i said you can always check higher timeframe analysis as a top down approach
yes indeed - doesn’t mean the whole strategy is wrong.
i just wanted to emphasize that the MA 30/70 ob/os levels can be penetrated, but few bars later, looks like they have never been penetrated because of perpetual rescaling so that the MA is always normalized between 0/100.
So one has to accept that this is exactly the definition of repainting, but again, indeed, it doesn’t mean the strategy is wrong.
must be taken as a warning - what you see on after-action screenshots is the ideal normalization of MA’s, but it’s different from what you will get during live action. That is a true fact and has nothing to do with inexperience or so. Just a basic, valid point, of normalization.

edit - im not anti-repaint... repaint means updating past conclusions so that they are inline with latest known datas. This is definately inline with the risk taking needed when having a trading activity.
this strategy is basically a reversal one, and during long trends (for whatever it means), one may receive a long serie of fake signals.
  • #68
  • May 11, 2020 7:31am May 11, 2020 7:31am
Quoting corsican
{quote} Beware RSI doesn't repaint MA doesn't repaint. However : A MA scalled down to RSI's 0/+100 max boundaries DOES repaint (cuz MA's not supposed to be limited by any boundary in the first instance). So majid1357 might be "inexperienced", but to me, he is totally right.
as i mentioned previously i am an experienced trader with more than 13 years in the marketplace. but i am facing with this system lately so this system is a new one for me and after checking that i will give you complete results here. yes rsi and ma doesnt repaint but show a lot of false signals , for example in trending market rsi shows a lot of false signals and in choppy market MA shows a lot of false signals. so these two indicators sometimes doesnt match together.
  • #69
  • May 11, 2020 7:32am May 11, 2020 7:32am
anyway thanks to alhalawi to share this system .
  • #70
  • May 11, 2020 8:47am May 11, 2020 8:47am
what about this signal for CADJPY look good to me .. i made some change on the tpl ..
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  • #71
  • May 11, 2020 8:48am May 11, 2020 8:48am
Quoting majid1357
anyway thanks to alhalawi to share this system .
always open for new ideas to improve it bro
  • #72
  • May 11, 2020 8:50am May 11, 2020 8:50am
Quoting yako47
what about this signal for CADJPY look good to me .. i made some change on the tpl .. {image}
yes this is non conservative trade as mentioned in the first post
as the indicator is not on the resistance zone it's rather between 70 and 90 area
  • #73
  • May 11, 2020 9:49am May 11, 2020 9:49am
sl pulled into plus
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  • #74
  • May 11, 2020 9:58am May 11, 2020 9:58am
How to show arrow?
  • #75
  • May 11, 2020 10:06am May 11, 2020 10:06am
Hello guys,

first of all thank you Mr.Alhalawi for this system. my name is haritz and i came from indonesia, ive made an account in forex factory just to write a reply on this thread. ive been using your system since u first upload it! and it have been wonderful! since no system is 100% accurate ive made some profit and some losses but mostly profit. i realised that the best time to trade using this system is on the english/US time ive made profit on those time and a small loss on other timeframe (made a good profit on other time other than uk and us but i got greedy and just let it roll causing me some red other than that this system has been great for me. lastly thank you Mr.alhalawi for creating this system and i am looking forward for your updates on it!

cheers!
  • #76
  • May 11, 2020 11:18am May 11, 2020 11:18am
Quoting haritztorisz
Hello guys, first of all thank you Mr.Alhalawi for this system. my name is haritz and i came from indonesia, ive made an account in forex factory just to write a reply on this thread. ive been using your system since u first upload it! and it have been wonderful! since no system is 100% accurate ive made some profit and some losses but mostly profit. i realised that the best time to trade using this system is on the english/US time ive made profit on those time and a small loss on other timeframe (made a good profit on other time other than uk and...

very happy to hear

when tp1 is reached put SL to entry
when tp2 reach put SL to TP1

in this way you lock in profits
  • #77
  • May 11, 2020 11:19am May 11, 2020 11:19am
Quoting 9money
How to show arrow?
i have deleted the arrow as it repaints

please read again post one
  • #78
  • May 11, 2020 11:30am May 11, 2020 11:30am
Quoting alhalawi
{quote} i have deleted the arrow as it repaints please read again post one
Thank you very much for this awesome strategy... I've plotted some arrows showing major reversals and boxes showing major pull backs.... This strategy looks to be a money maker....
Attached Image (click to enlarge)
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  • #79
  • May 11, 2020 11:35am May 11, 2020 11:35am
Hey guys

kindly trade demo this week and get used to the system

i will upload a very nice indicator next week that will determines the higher time frame trend and in this way you can take trades with the trend only if you choose to do so and not counter trend trades

Trade Safe
  • #80
  • May 11, 2020 11:37am May 11, 2020 11:37am
Quoting rgonzalez
{quote} Thank you very much for this awesome strategy... I've plotted some arrows showing major reversals and boxes showing major pull backs.... This strategy looks to be a money maker.... {image}
Great
try it and if its useful please share so some people could benefit from it

try it at least for this week and stick to the rules
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