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Attachments: Mabooz system
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Mabooz system

  • #1
  • First Post: Edited Nov 26, 2020 9:54am Nov 21, 2020 3:36pm | Edited Nov 26, 2020 9:54am
Hello everyone,

I have been involved with forex for over 4.5 years now. I have learned many stuff from Big E and his thread, however as many of you know, that thread is all over the place now. I have tried many systems here over the years, and each time I find myself stripping out everything from the chart and keeping the Heikin-Ashi (or Synergy Bars) only. To me, the bars provide all the info that I need, it tells me the story of the market. But unfortunately I am not disciplined enough. So I had to introduce another element in the equation, the TDI. Please Note the component of TDI is based on my own style (more on this later)

- What is a successful system? A system that is able to yield more than 25% return annually.
- Does this system work? I dont know, we shall test it live with real money and see how it goes.
- Does this mean you are interested in 25% return annually only? NO! I am only defining a successful system to me, infact if you able to generate 25% return year after year, there are firms out there who would be happy to sponsor you to trade their money and at this point its a number game only.



Please use the system on 4HR only, the reason is, the SMA in TDI is based on the number of 4hr candles in the daily timeframe chart. I used to do multi time frame analysis, however I found out that its time consuming and it requires alot of focus. So I decided to make things as simple as possible without compromising the results and the core principles.


System component:
1- Synergy_APB: These candles says it all, with hours looking at these candles, the story is easily presentable, however dont worry, with TDI things will be taken care.
2- TDI synergy Pro: Remove everything in TDI keep only the Green line (RSI 10) < on my template this is the yellow line in TDI
3- Simple moving average (6) applied to the TDI indicator (this simple moving average is based on daily swings in accordance with 4hr chart) < on my template this is the red line in TDI

Rules:
Buy:
Entery: TDI yellow crosses red upward in 4hr chart
Exit: TDI yellow crosses red downward in 4 hr chart (check post 18)
Sell:
Entery: TDI yellow crosses red downward in 4hr chart
Exit: TDI yellow crosses red upward. (check post 18)

Don't blindly take all signals make sure you know forex basic stuff...

SL: you can place it on last swing high/low. I simply dont use a stop loss.

PAIR: I encourage you to use one pair only, due to correlation I dont see the need for me to trade many pairs.

For now, I chose USDJPY only to trade on it.

Attached Image (click to enlarge)
Click to Enlarge Name: 193bbd84bf596dd7f0e5a805d4c72558.png Size: 122 KB


Kindly don't share any indicators here. Keep the thread clean. If you have an idea to improve the system. Please share it politely and we shall test it.

A great trader will always follow the rules, an exceptional trader will follow the rules strictly but knows when not to follow them.
Attached Image (click to enlarge)
Click to Enlarge Name: f48e9b94eb3fb6afb084930e06f1164e.png Size: 122 KB
Attached File(s)
File Type: tpl Mabooz.tpl   8 KB | 903 downloads
File Type: mq4 Synergy_APB.mq4   18 KB | 903 downloads
File Type: ex4 Synergy_APB.ex4   4 KB | 813 downloads
File Type: mq4 Synergy_Pro_TDI.mq4   20 KB | 997 downloads
  • #2
  • Nov 21, 2020 9:19pm Nov 21, 2020 9:19pm
Nice, hoping some new concept will come out and that will help everyone. Nice and clean thread help everyone. Keep doing good work. Best of luck. I suggest everyone back test the strategy, it will increase conference. Thanks
MA provides the market's current direction and strength.
  • #3
  • Nov 22, 2020 7:23am Nov 22, 2020 7:23am
Hi mabooz,

Thanks for sharing your system. The first thing that comes to my mind is divergence. I looked at all pairs/timeframes combos and I must say that there has been many opportunities all over in the last few days. I am showing a few examples of either Hidden and Regular divergence patterns on the Daily chart and points of entry on the 4HR timeframes. The crossover of TDI with the moving average looks quite efficient for entry signals. Actually, I am pretty sure it would be useful with harmonic patterns, but I dont want to add any other indicator. I will certainly use your concept for my daily analysis.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD.png Size: 22 KB
Click to Enlarge Name: CADJPY.png Size: 22 KB
Click to Enlarge Name: CHFJPY.png Size: 23 KB
Click to Enlarge Name: EURNZD.png Size: 23 KB
Click to Enlarge Name: GBPUSD.png Size: 22 KB
Click to Enlarge Name: USDCHF.png Size: 21 KB
  • #4
  • Nov 22, 2020 10:11am Nov 22, 2020 10:11am
" I've never thought that the systems they used are anything special. In my opinion, their success was due entirely to their psychology and their position sizing" Van K. Tharp in Way of the Turtle forwarding.

I would like to add another element in my system, the size of the trade. We can all disagree on many things and theories in trading, but effective money management is extremely important here. And I want you to get this correct from the beginning, whether you are in demo or live. Please follow this only when trading the Mabooz method. This will save you countless psychological issues that are determined to make you fail. DO NOT THINK ABOUT HOW MUCH YOU GOING TO MAKE. you must do things correctly to graduate to elite chairs.
-----------

Now, I can go about telling you how much you should risk and how to calcualte your lot based on your stop loss and what is the ideal take profit and..... etc. I dont want to do that. I dont want to leave open routes for weeds and resistance to get to you.

Then, how do we size our position? Extremely simple.

Your MAXIMUM risk at one particular time should be based on your account balance as below

Account Balance ($) ---------- Lot Size

$100 ----------- 0.01

$500 ----------- 0.05

$1000 ----------- 0.10

$1500 ----------- 0.15

$2000 ----------- 0.20

$5500 ----------- 0.55

$10000 ----------- 1.00


This is the maximum lot size should be under risk at one particular time.
- What does a trade under risk mean? It means the trade that can potentially be a loss, if you decide at any given time to place a SL at break even, then that trade is not considered at risk any more

You want more trading power? you want more money? Larger lot size? fine, follow these rules and get your account BIGGER in size. If you feel the lot size is too small, then find a way to get more money and deposit it into your account. As simple as that.
  • #5
  • Nov 22, 2020 10:34am Nov 22, 2020 10:34am
Quoting chamane
Hi mabooz, Thanks for sharing your system. The first thing that comes to my mind is divergence. I looked at all pairs/timeframes combos and I must say that there has been many opportunities all over in the last few days. I am showing a few examples of either Hidden and Regular divergence patterns on the Daily chart and points of entry on the 4HR timeframes. The crossover of TDI with the moving average looks quite efficient for entry signals. Actually, I am pretty sure it would be useful with harmonic patterns, but I dont want to add any other indicator....
Hello there,
thank you for taking the time to investigate. See, in the past I used to trade Multi time frame, in which I will spot the setup in daily and go to lower time frame to pin point my entry. I used to do it this way to satisfy one question; How can I make the most amount of pips in shortest time possible without giving too much back, and the answer came up to trade the daily swings. This method is very good however it takes time to pin point the entry at 30-15min chart. So I started to think, how can I reflect the daily information (the setup , the swings,) into lower time frame and make it as simple as it can be, so I don't have to look at many time frames. And after testing I found out that the Heikin Ahi candles are basically a 1 simple moving averages (1). Therefore, theoretically speaking, a 6 candles in 4hr chart is the foundation of 1 candle in the daily chart. So I applied a 6 simple moving averages (6) in my candles as the chart below.
Attached Image (click to enlarge)
Click to Enlarge Name: e98861dedf39ff845766800b1da232b7.png Size: 132 KB

And decided that I can enter the market as soon as the 4hr candle closes below/above 6 moving averages. But, I still didn't like the results of this. Then I had an idea to transfer the moving average(6) into the TDI (RSI 10) window. And I like it this way now.
Attached Image (click to enlarge)
Click to Enlarge Name: da1427fdda41c69983880c4111d48b6b.png Size: 121 KB


Going back to your post, You can indeed do it that way as I used to do this in the past, however, when I am in the daily timeframe I would adjust the moving average from 6 to 5. So that now it represent the swings in weekly time frame. (do more research on this)

In fact in the future I am looking to introduce multi entry and more aggressive style, in which we would spot the entry at 4hr time frame and go to 15 min for more entries (more on this later, dont get excited and jump on both feet without having something on the ground holding you)
  • #6
  • Nov 22, 2020 10:43am Nov 22, 2020 10:43am
Quoting mabooz
{quote} Hello there, thank you for taking the time to investigate. See, in the past I used to trade Multi time frame, in which I will spot the setup in daily and go to lower time frame to pin point my entry. I used to do it this way to satisfy one question; How can I make the most amount of pips in shortest time possible without giving too much back, and the answer came up to trade the daily swings. This method is very good however it takes time to pin point the entry at 30-15min chart. So I started to think, how can I reflect the daily information...
I am using a similar principle. Trading on the 4HR chart and pinpointing the entries on the 15 min is what I call a cost averaging approach that increases the odds of an overall success.
  • #7
  • Nov 25, 2020 4:44am Nov 25, 2020 4:44am
Hi @mabooz,

Subscribed and ready to learn, I´ll be posting 4h entries if thats ok.

BTW first question, would you check M15 to adjust your entrie after H4 confirmation?

Best,
CGN
  • #8
  • Nov 25, 2020 6:30am Nov 25, 2020 6:30am
Do you take every single TDI cross?
When I check the TDI for crosses, I always know what my bias is going to be before the cross. Always. In other words, I always know whether I am looking for a buy or a sell. After every sell swing there is a buy swing and vice versa, so the market is always in motion of buy > sell > buy > sell > buy > sell etc. You should always know whether it is the time for buy or sell. Just because you saw TDI crossing EMA downward does not mean you immediately place a sell order. You need to know the flow; this is one of the reasons I like to focus on one pair every week…
----

So market is basically made of swings and these swings are buy, sell, buy, sell. Note the swing is made out of waves, and waves come in many shapes. We can summarize them into 4 types with examples

1- Long duration/Large range (pip) (buy swing example)
Attached Image


2- Short duration/Low range (pip) (sell swing example)
Attached Image



3- Long duration – Low range (pip) (some of you call this consolidation but in reality, it’s a sell swing)
Attached Image


4- Short duration – Large range (pip) (sell swing example)
Attached Image

---------

AS A GENERAL RULE: A wave to be considered a swing, it must cover at least 45% of the swing previous to it. (You don’t have to calculate pip number of a swing and do math formulas to determine the 45% retrace is met or not, just visually see, its obvious, the more covering area, the better your chances)

Attached Image
In the picture above, lets assume we start trading at the end of wave 2, what bias we looking for? It’s a buy, why? The last wave(2) is a swing(2) (covering more than 45% of swing 1), what type of swing? It’s a sell swing, therefore, we are looking for a buy wave, wait the TDI cross, and enter.
-------
More examples,
Is this sell considered as a swing? No, It does not cover at least 45% of last swing.
Attached Image



How about now? Definitely this sell is a swing


Attached Image

I hope you got the idea
  • #9
  • Nov 25, 2020 6:39am Nov 25, 2020 6:39am
Quoting cgninvesting
Hi @mabooz, Subscribed and ready to learn, I´ll be posting 4h entries if thats ok. BTW first question, would you check M15 to adjust your entrie after H4 confirmation? Best, CGN
Hello there, its a good Idea to post 4hr entries so we can discuss, also its a good idea to focus on one pair per week, so that you can decide your bias and anticipate the move and catch the move toward it. But its all up to you.... One thing I do is, when markets are closed, I scan major pairs to see what I will be trading for the week, I make a list and rank them based on probability, then at the end I choose one pair

Regarding the 15 min entries, this is only used to add in more trades to your initial one, I still didn't discuss this, I don't want to introduce this just yet, I want to focus on making that one trade in 4hr, why? Because I still didn't discuss how to exit properly.... (there is alot of discussion of exit)

the 4hr entries based on TDI alone are accurate and there is no need to go to 15 min to pin point.
  • #10
  • Nov 26, 2020 2:02am Nov 26, 2020 2:02am
Hi MABOOZ
thanks for sharing

There is some problem with trading the H4 graph because of the time differences all over the world so not everyone sees the same thing at any given time so I ask:
Is it possible to trade in an hourly graph according to the same rules or does something need to be changed?

have a nice day
  • #11
  • Nov 26, 2020 5:13am Nov 26, 2020 5:13am
Quoting yosih36
Hi MABOOZ thanks for sharing There is some problem with trading the H4 graph because of the time differences all over the world so not everyone sees the same thing at any given time so I ask: Is it possible to trade in an hourly graph according to the same rules or does something need to be changed? have a nice day
What type of problems you referring to? please share some screen shot, as far as I am aware, most popular brokers have the same close/open hours, so most charts look the same no matter where you are in the world.

Please stick to 4hr TimeFrame, this system is being developed to be used for many years ahead. We can not do that with 1 hr chart, why? we will have to monitor the chart every hour of the day, which is not convenient. And again, the only reason I am using the 6 simple moving average is to take advantage of daily swings.
  • #12
  • Nov 26, 2020 7:05am Nov 26, 2020 7:05am
HI
Thank you for your attention
Attached to this is a full TDI
The crushed black line = MARKET BASE LINE
I moved the green from 13 to 10 periods
And MAGENTA = SMA 10 as you requested
but the result is different
I would appreciate it if you could comment on where I'm wrong
Attached Image (click to enlarge)
Click to Enlarge Name: T D I 2.PNG Size: 90 KB
  • #13
  • Nov 26, 2020 7:07am Nov 26, 2020 7:07am
Please do not refer to the graph please
Only for - T D I
  • #14
  • Nov 26, 2020 7:09am Nov 26, 2020 7:09am
S M A = 6 PERIODS
  • #15
  • Nov 26, 2020 7:24am Nov 26, 2020 7:24am
Sorry what's the difference between that strategy and "trading made simple"? No stochastic? Or what?
Observer effect
  • #16
  • Nov 26, 2020 8:27am Nov 26, 2020 8:27am
Quoting ryuryu
Sorry what's the difference between that strategy and "trading made simple"? No stochastic? Or what?

  1. TDI Pro version
  2. exit rules
  3. not simple in reality

Keep calm and trade
  • #17
  • Nov 26, 2020 9:41am Nov 26, 2020 9:41am
Quoting yosih36
HI Thank you for your attention Attached to this is a full TDI The crushed black line = MARKET BASE LINE I moved the green from 13 to 10 periods And MAGENTA = SMA 10 as you requested but the result is different I would appreciate it if you could comment on where I'm wrong {image}
Please load my template first, then you can adjust the color to your liking.

Also, read the thread please. SMA = 6 , in the 4hr chart, why is this?? why 6? because we actually trading the daily swings here....
  • #18
  • Nov 26, 2020 9:53am Nov 26, 2020 9:53am
Exit, eXit, exIt, exiT
Exit is what determines how profitable and how great you are in trading. Seriously, entry is important, but exiting is far more important. Why exit is so important? Because it depends on your entire philosophy of trading. I am going to explain how to simply exit your position but there is more discussion on this like:
- Sometimes you don’t need to exit but counter your initial trade and have two opposite trades at the same time. (one long term, one short term)
- Sometimes you may close your trade and immediately take the opposite side trade.
- Sometimes you may exit and do nothing (rarely)
These are the things that determine how great you are. No wonder why I keep saying to first choose one pair at a time, because there is a lot of fundamentals to be built.
Now that we know exiting is more than just a mouse click, lets see how I exit my position properly. Please note this is a technical way of exiting only, I am not going to explains the philosophies now.
Steps to Exit:
1- Wait for opposite TDI cross the SMA on 4hr chart. (4hr candle MUST close)
2- Load my 15 min chart template on the pair in 15min chart.
3- Place your exit (SL or TP) right below/above donchian channel(10).

If your decision is correct, then the market should take you out, if not then you will be making more profit because simply its not the time to exit just yet.
I don’t normally use the donchian channel, I just switch to 15 min chart and put the SL or TP at last swing in the 15 min chart but if I tell people to do it this way, everyone will be having their own definition of last swing. To eliminate this, I am introducing donchian channel to do the job for you.
Note: you may use the Donchian channel in the 4 hr chart as well to place your initial SL

PLEASE USE MY TEMPLATE, THE SETTINGS ARE DIFFERENT
Attached File(s)
File Type: ex4 donchian-channel.ex4   10 KB | 480 downloads
File Type: mq4 donchian-channel.mq4   4 KB | 470 downloads
File Type: tpl mabooz 15min.tpl   7 KB | 473 downloads
  • #19
  • Nov 26, 2020 10:22am Nov 26, 2020 10:22am
Now we have covered the foundation to start trading,
1- We choose the pair we like to focus on
2- We check what was the last swing, if buy then we look for sell and vice versa
3- We wait for TDI crossing the 6 SMA to our set bias
4- After entering, we wait for opposite cross (candle must close)
5- We switch to 15 min and place our TP or SL under/above donchian channel


This is the basic variables we have, if you start introducing more variables (like different indicators) trust me you wont know what variable is affecting your trading. You must keep it very simple. This is incredibly simple. Yes, some weeks you wont make any money, but how much % you going to making year after year?

What is left? Optimization of Exit. We know how to technically exit. This is great, but what if you are trading with the trend? Would you like to exit? Or you would rather let the trade grow and just enter a counter trade on retracements to make profit then re-enter another trade with the trend? How to know if I am in a trend?
Anyways, first we need to execute the system then we can get on optimization and taking our results to the next level

“The difficulty in trading lied not in the concepts but in the application. It is relatively easy to learn what to do when trading. It is very difficult to apply those lessons in actual trading.” Curtis m Faith – Way of the Turtle
  • #20
  • Nov 26, 2020 11:56am Nov 26, 2020 11:56am
what do you mean ?

"2- We check what was the last swing, if buy then we look for sell and vice versa" ???
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