The Paradox System | Page 865 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The paradox System 2023 (for beginners) 724 replies

Paradox System: post your entry here 12 replies

Paradox system avg monthly ROR for last 12 months 33 replies

Learning the Paradox System=Set up / Trade Plan / Results Only 1 reply

lets talk about the system called PARADOX 2 replies

Attachments: The Paradox System
Exit Attachments

The Paradox System

  • #17,281
  • Aug 3, 2024 11:30am Aug 3, 2024 11:30am
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.
  • #17,282
  • Aug 10, 2024 1:59am Aug 10, 2024 1:59am
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
  • #17,283
  • Aug 19, 2024 11:34am Aug 19, 2024 11:34am
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.
  • #17,284
  • Aug 24, 2024 2:19am Aug 24, 2024 2:19am
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.....
  • #17,285
  • Sep 25, 2024 8:59pm Sep 25, 2024 8:59pm
Quoting OliveBranch
{quote} 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,...
take a close look at the one hour chart in both of those two trades you spoke of. The long and the short off the hit on the 2hour psar. These are incredibly different setups. I love the short trade as the one hour is in a slider and the two hour is set to go. That was 100% going down. Maybe they are both good setups but the second one is crystal clear. I remember Dove saying to not enter a trade unless the one and two hour are in agreement. It’s up to you as a trader that has to determine when there’s enough there to enter. There’s always a hint on one of the charts showing risk. It’s a beautiful sight to see all the charts line up. That’s when it becomes very high success rate but you have to wait and wait.
  • #17,286
  • Sep 25, 2024 9:02pm Sep 25, 2024 9:02pm
Quoting Contra
{quote} take a close look at the one hour chart in both of those two trades you spoke of. The long and the short off the hit on the 2hour psar. These are incredibly different setups. I love the short trade as the one hour is in a slider and the two hour is set to go. That was 100% going down. Maybe they are both good setups but the second one is crystal clear. I remember Dove saying to not enter a trade unless the one and two hour are in agreement. It’s up to you as a trader that has to determine when there’s enough there to enter. There’s always...
All it takes is two charts like the one and two hour fighting against each other to throw the market sideways. Then one gives in to the other and there’s your trade. My two cents
  • #17,287
  • Jan 31, 2025 10:26pm Jan 31, 2025 10:26pm
Happy New Year

Maybe some people studying may find this plan useful as you're progressing.

Plan
31-1-25
EJ
Session - Asian

Red News Nil during Asian. German Red News CPI release is during USA session despite FF calendar stating all day.
Daily
ROMAR. Resistance
EMA Resistance
PSAR Resistance - unconfirmed = S & R
EMA Arrow Down
MACD Down
DB Top
Fibo Red
Notes: Consolidation Trends. EMA ROMAR both down at open. Previous bar PSAR hit with a SAR. Open below 61.8

H4
ROMAR. Resistance
EMA Resistance
PSAR Resistance
EMA Down
MACD Down
DB Bottom
Notes: Down Trend, market at Bottom with Green Fibo at Zero. LL

H2
Open 160.118

ROMAR Resistance
EMA Resistance
PSAR Resistance
EMA Down
MACD Down
DB Bottom
Notes: Down trend. Market at Zero Green Fibo. LL

H1
ROMAR Resistance
EMA Resistance
PSAR Resistance
Notes: Down Trend. LL.

Final Notes: Daily PSAR Support hit with a SAR & ROMAR & EMA as Resistance - Consolidation.
H2 & H4 are at the Bottom at the Zero Green Fibo. H2 Trend is down apart from the Green Fibo.
Recheck Red News: Nil during Asian. German Red News CPI release due during USA session despite FF calendar stating all day.

Projected entry: Short with a pullback to H2 PSAR Resistance with a SAR or AntiPSAR
Rules - Consolidation with Daily. Down Trend with H2. Pullback to PSAR with a SAR in trends.
Risk - Nil other than unexpected USA news with new government


Entry: 0800hrs chart time - H2 PSAR hit with SAR on previous bar - prefer a close above PSAR but due to EMA Arrow not confirmed & 2nd hit of EMA on this swing down, entry Short is made.

Result: TP+40
Market went higher after entry and closed above PSAR, however the entry requirement was met & was the entry = SL was appropriate.
Once the 50% H2 Fibo was hit on the following bar after entry, that was a second entry point if the first entry was missed.
Profit was within about 3 hours of entry.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ H2 31-1-25 entry.PNG Size: 51 KB
Click to Enlarge Name: EJ H2 31-1-25 result.PNG Size: 40 KB
Click to Enlarge Name: Ticket.PNG Size: 3 KB
If you make up your own rules then the story is sad.....
  • #17,288
  • Feb 1, 2025 3:56am Feb 1, 2025 3:56am
Greetings OB,

Many thanks for another interesting & helpful post.

ATB,
Maas
  • #17,289
  • Feb 17, 2025 2:51am Feb 17, 2025 2:51am
Hey Guys!

It's been a minute.

Hopefully, you're still pipping with this amazing tool!

Anyway, I decided to try the 1 month Dove challenge; it's not the cleanest, but you know, I'll take it!
Attached Image (click to enlarge)
Click to Enlarge Name: summary1.jpeg Size: 127 KB

Attached Image (click to enlarge)
Click to Enlarge Name: summary2.jpeg Size: 69 KB


All the best in your trading endeavors! Nice Times!
  • #17,290
  • Mar 3, 2025 3:29am Mar 3, 2025 3:29am
Good evening.

It is not very often that there are opportunities presented to us for 3 trades all within 10 hours after Reset - at least this is not the norm from my current perspective or trading ability .... and I thought I would show the ones that I had noticed retrospectively on today's UJ H2 chart.
I did not trade these myself today for medical reasons however these pictures may show you that it is possible to pick a trade during a session, even if you miss the first trade... or make an adjustment so that you may enter a trade and walk away for the day and do something constructive and meaningful with others.
I did manage to trade the GJ today and will post that trade later.

For training purposes, here is the chart for today with the UJ H2 showing typical entries for us to recognise as we learn. Remember if people are unable to use just a H2 chart, look for confluence on other time frames.
1st entry shows the top quite clearly for the Short
2nd entry shows the EMA Arrow for the Short
3rd entry Long is simple enough.
Attached Image (click to enlarge)
Click to Enlarge Name: UJ H2 - 3 trades within 10hrs after Reset March 3rd 2025.PNG Size: 38 KB
If you make up your own rules then the story is sad.....
  • #17,291
  • Mar 3, 2025 4:48am Mar 3, 2025 4:48am
Okay, here is the GY trade that I took today.
I think it was Trader Marcos that originally said on the thread here that with the GY a slightly larger Stop is needed than the EJ, UJ or GU... because each pair outside of those three, has its own idiosyncrasies / habits and if you are not careful and adjust, you will face the inevitable failures & not know why.

Todays trade on the GY was a simple entry with EMA.
Why was this an entry?.. basically because Shinny says this... which became an inspiration for myself to try and try and try to "see" for myself what this stupid thing called The Matrix is ... practice and practice with many years of failing until I now see at least some of the manifestations.
What does Shinny say?
"Nobody can be told what The Matrix is. You'll have to see it yourself" & I have seen part of the matrix at this particular entry point I share today, so I enter without analysis - without questioning - & within the rules.
I am nowhere near as good a trader as Shinny is, however, the goal is to run a business that works - Yes? If the Business doesn't work, then we fix our Business until the Business does start to work - then we fine tune. How do we fix it? Practice, Practice, Practice - & Study, Study, Study.
Boring Boring Boring - so what? "Tough Bikkies" as we say in our country - which means do it tough if you have to and need to in order for you to get the reward. A Bikkie is a biscuit. A tough biscuit is not pleasant to eat or swallow - it's usually the burnt one and you need a vice-like jaw-bone & huge jaw muscles in order to chew on it.
We want the results, then we must complete the work. Pretty simple maths.
How does Dana say it? There's no short cuts, which = "Tough Bikkies" & endure and work through the training because the training is the training & the training wont change ... we are the ones who must change.

Anyway GY H2 chart

Review: Late entry due to medical reasons & mid-bar entry - however this timing allowed an entry to be made at a lower market price, mid-bar, compared to the open bar. Thus allowing for a 40SL to be set instead of the larger SL of 40 that is normally required on the GY & consequently also allowed for a higher than 40 TP to be set. TP was set 40 pips above H2 open bar. Entry was correct.
TP+60 taken from the market.

Someone once said back in 2017... "Scroll back, backtest and backtest and you will see the same things happening over and over. Look at the whole picture and how everything works together."

Seems like a wise idea - Yes?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GJ H2 March 3rd 2025.PNG Size: 45 KB
Click to Enlarge Name: Ticket.PNG Size: 3 KB
If you make up your own rules then the story is sad.....
  • #17,292
  • Mar 4, 2025 2:53pm Mar 4, 2025 2:53pm
Just sharing the UJ trade that was taken yesterday.

We reached the bottom entry Long & +40 taken from the market

Hope this helps
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 44 KB
Click to Enlarge Name: screenshot.png Size: 52 KB
Click to Enlarge Name: screenshot.png Size: 6 KB
If you make up your own rules then the story is sad.....
  • #17,293
  • Mar 4, 2025 10:11pm Mar 4, 2025 10:11pm
Quoting OliveBranch
Just sharing the UJ trade that was taken yesterday. We reached the bottom entry Long & +40 taken from the market Hope this helps {image} {image} {image}
Hi, could you explain your trade. Was it the divergences?
  • #17,294
  • Mar 12, 2025 2:03pm Mar 12, 2025 2:03pm
Quoting OliveBranch
Okay, here is the GY trade that I took today. I think it was Trader Marcos that originally said on the thread here that with the GY a slightly larger Stop is needed than the EJ, UJ or GU... because each pair outside of those three, has its own idiosyncrasies / habits and if you are not careful and adjust, you will face the inevitable failures & not know why. Todays trade on the GY was a simple entry with EMA. Why was this an entry?.. basically because Shinny says this... which became an inspiration for myself to try and try and try to "see" for...
Nice Trade Oli, ROMAR,EMA, Psar were support, MACD up, all indicators were showing to north, as Shinny said it "Bread and Butter" in one of his posts.
i am happy that you saw the MATRIX.
keep up bro.
Still learning the Paradox
  • #17,295
  • Apr 2, 2025 3:38pm Apr 2, 2025 3:38pm
Hey Guys!


During the last 13 months, I have bagged about 15,000+ pips using the paradox system on my other live!
Attached Image (click to enlarge)
Click to Enlarge Name: paradox.jpeg Size: 65 KB
So, for me and everyone who utilizes this system, it just chills your nerves trying to think of how much of a genius Dove is. All I can say is he's a "god" living among mortals.

Happy pippin guys, all the best and good luck.
  • #17,296
  • Apr 14, 2025 7:22am Apr 14, 2025 7:22am
Quoting djiminova
Hey Guys! It's been a minute. Hopefully, you're still pipping with this amazing tool! Anyway, I decided to try the 1 month Dove challenge; it's not the cleanest, but you know, I'll take it! {image} {image} All the best in your trading endeavors! Nice Times!
Hey Guys!

Thought I'd post on the progress of this account.
Attached Image (click to enlarge)
Click to Enlarge Name: summary3.jpeg Size: 55 KB
Finally, Capital has been recouped.

My observation so far is that learning the paradox system as well as trading is more of a marathon. So in Nipsey Hussle's words of wisdom; all I'm just trying to do is Hussle and Motivate y'all.

All the best and goodluck.
  • #17,297
  • Apr 14, 2025 10:33pm Apr 14, 2025 10:33pm
Well done Djiminova!
An inspiration to the rest of us.
I think I'm a year or two behind your level - I know what you mean about it seeming like a marathon, but worth it.
I'm getting the hang of confluence with Support and Resistance, but timing still needs work.
Pulling the trigger at just the right moment's a skill I haven't mastered yet but working on it.
  • #17,298
  • Apr 26, 2025 9:51pm Apr 26, 2025 9:51pm
Quoting downunderfx
Well done Djiminova! An inspiration to the rest of us. I think I'm a year or two behind your level - I know what you mean about it seeming like a marathon, but worth it. I'm getting the hang of confluence with Support and Resistance, but timing still needs work. Pulling the trigger at just the right moment's a skill I haven't mastered yet but working on it.
I'm glad my friend!

I'm sure as long as you have faith in the system, that will be a no-brainer soon.

All the best!
  • #17,299
  • Jun 14, 2025 4:51pm Jun 14, 2025 4:51pm
It is Sunday after all...
Faith

Inserted Video
If you make up your own rules then the story is sad.....
  • #17,300
  • Edited 9:18pm Jun 30, 2025 8:29pm | Edited 9:18pm
I don't know whether or not there are still people on the forum who are trying to get to grips with the Paradox, but if there are, this may help.
There's a great deal of 'noise' in the posts which makes it difficult to sort out the significant ones, so some time ago I decided to go through The Paradox thread and select all the posts with Dove's name at the top.
Using MS Word, I grouped the posts into different categories by searching specific terms.
One of the terms I searched on was 'Tutorial'.
There were some posts that weren't headed 'Tutorial' but for me they were important posts, so I have included them in the category. There were a number of posts that referred to 'tutorial' but weren't tutorials. So, I have left them out.
The upshot is that there are 42 posts that I have in my category of 'Tutorial'.
I've given each of the posts a descriptive title that I hope is self-explanatory.
I'm not sure how many attachments I'll be allowed per post, but I'll keep on adding new posts until all 42 are uploaded.
Dove said on a number of occasions that he was dead against using any additional indicators or Expert Advisors that added to the Paradox screens.
However, I have found that for me, going back through some of the historical trades mentioned in some of the posts, seeing just where to enter a trade is a little obscure because of a degree of 'repainting', especially with the DB and the SAR.
To that end, I purchased a copy of SoftFX, a forex simulator. Now it doesn't match the real time data exactly - the values in the Thistle, Magenta and Green boxes differ by one pip or so, but the crossovers, attachments and Fibo's are pretty spot on and help to show on just which bar an entry would've worked.
Anyway, just my thoughts.
Here are the first of the attachments.
Hope it helps.
Doug
Attached File(s)
File Type: pdf Tutorial 1 DB and SAR.pdf   309 KB | 276 downloads
File Type: pdf Tutorial 2 Divergence.pdf   236 KB | 249 downloads
File Type: pdf Tutorial 3 DB, SAR and Magenta Divergence Scenarios.pdf   268 KB | 262 downloads
File Type: pdf Tutorial 4 Using the H1 as reference for entries.pdf   163 KB | 233 downloads
4 traders viewing now