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My own developed benkyalate system

  • #221
  • Oct 29, 2008 5:13pm Oct 29, 2008 5:13pm
Quoting mcphrant
I now understand when you say that the system is still being developed. It is for us to fine tune our entries, TP, and SL. Thanks for sharing.

On another note I see you share my vice i.e. fine cigars . You are lucky to be able to get Cohibas from Cuba. They are banned where I live. However, from time to time I make do with other fine cigars from other countries nearby.
yes it is still under development despite that it already made thousandso pips so i advice all to trade in demo .
and give me your address i will send you some fine cubian cigar you like thin or thick .i prefare thin.
my regards.
  • #222
  • Oct 29, 2008 5:24pm Oct 29, 2008 5:24pm
Quoting oan4fx
yes it is still under development despite that it already made thousandso pips so i advice all to trade in demo .
and give me your address i will send you some fine cubian cigar you like thin or thick .i prefare thin.
my regards.
LOL!! Thanks for the offer, but sending me Cuban Cigars would probably get me locked up in GITMO(Guantanamo).
  • #223
  • Oct 29, 2008 5:37pm Oct 29, 2008 5:37pm
Quoting oan4fx
yes it is still under development
Hi Oan, thanks for sharing.
I visited your thread yesterday and configured the system (the prince files).
COG is an old hat for me but I like your special setup with the dotted lines as entry points. The solid lines could be used as a SL levels, but still not sure.
The interesting point is the average candle indicator that is a nice addition, I need to get costumed a bit more. I had trigged some good trades in 5M and 30M (scalping is all I do) I have it on a separate screen together with only one additional indi and pivot points and will come up next week with some results (if you allow) but till here it looks really promising.
  • #224
  • Oct 29, 2008 5:47pm Oct 29, 2008 5:47pm
Quoting cobraforex
Hi Oan, thanks for sharing.
I visited your thread yesterday and configured the system (the prince files).
COG is an old hat for me but I like your special setup with the dotted lines as entry points. The solid lines could be used as a SL levels, but still not sure.
The interesting point is the average candle indicator that is a nice addition, I need to get costumed a bit more. I had trigged some good trades in 5M and 30M (scalping is all I do) I have it on a separate screen together with only one additional indi and pivot points and will come up next week with some results (if you allow) but till here it looks really promising.
be carfull use my newest usi for scalping it is in last page.
  • #225
  • Oct 29, 2008 11:27pm Oct 29, 2008 11:27pm
Hi there

I've downloaded your templates zip file, but I don't know how to install them on metatrader. I can run the template file, prince, which I have. But I don't know how to load all the other files to show the COG and CandleAverageV3.

Can someone please help me

Thank you.
  • #226
  • Oct 29, 2008 11:41pm Oct 29, 2008 11:41pm
I'd like to see these pairs with 3 years of backtests. He claims to be a millionaire trading it, although he could be just another cowboy.

This reminds me a lot of mongoose's "Big Sandwhich System" (find the tread).......... it is countertrending and should get creamed in strong trends.

I bet those rubberbands fail as often as they work..... but then again, it could be an edge.


Thanks for sharing your system.

Quoting paradoxical
Hoping these past few days haven't been luck.
  • #227
  • Oct 30, 2008 12:26am Oct 30, 2008 12:26am
hi abu oun
i think it would be great if you take the last 3 strategy you have posted and explain it one by one .
oan
usi1
usi5
like this we understand how to use each one . and we understand the use of this indicator window having too many indicators .
thanks
  • #228
  • Oct 30, 2008 12:37am Oct 30, 2008 12:37am
hi abu oan
there is a big difference between odl and al .
please find attached the 2 charts both are 4 h and taken at the same time ?
witch one we should use ? AL?
regards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: al.gif Size: 21 KB
Click to Enlarge Name: odl.gif Size: 18 KB
  • #229
  • Oct 30, 2008 12:53am Oct 30, 2008 12:53am
Quoting dimitrius
Hi there

I've downloaded your templates zip file, but I don't know how to install them on metatrader. I can run the template file, prince, which I have. But I don't know how to load all the other files to show the COG and CandleAverageV3.

Can someone please help me

Thank you.

Go to c: (your drive where the \programs\ folder is)
find in the program folder your metatrader platform (mine is Interbank FX)
ie: C:\Program Files\Interbank FX Trader 4

then find the experts folder
C:\Program Files\Interbank FX Trader 4\experts

then find the indicators folder
C:\Program Files\Interbank FX Trader 4\experts\indicators

paste all the COG and Candleaverage files in there (except the aboo3oon.tpl )

then find the
C:\Program Files\Interbank FX Trader 4\templates
and paste the abo3oon.tpl in this folder

if you had metatrader platform open, close it , and then open the platform again
  • #230
  • Oct 30, 2008 3:12am Oct 30, 2008 3:12am
Quoting dimitrius
Hi there

I've downloaded your templates zip file, but I don't know how to install them on metatrader. I can run the template file, prince, which I have. But I don't know how to load all the other files to show the COG and CandleAverageV3.

Can someone please help me

Thank you.
put the files you minished in the indicatored folder in the experts folder in main metatrader folder copy them and past and put the template in the main templates also .
my regards .
  • #231
  • Edited 5:27pm Oct 30, 2008 3:16am | Edited 5:27pm
Quoting tdion
I'd like to see these pairs with 3 years of backtests. He claims to be a millionaire trading it, although he could be just another cowboy.

This reminds me a lot of mongoose's \"Big Sandwhich System\" (find the tread).......... it is countertrending and should get creamed in strong trends.

I bet those rubberbands fail as often as they work..... but then again, it could be an edge.


Thanks for sharing your system.
hi my friend i dont claim and i dont like cliaming .and back test is not the proper way to find there strength just try them in demo in live mode.
i just wanted to help .
thats all .
my regards.
  • #232
  • Oct 30, 2008 5:49am Oct 30, 2008 5:49am
Quoting oan4fx
put the files you minished in the indicatored folder in the experts folder in main metatrader folder copy them and past and put the template in the main templates also .
my regards .
thank you oan4fx.
  • #233
  • Oct 30, 2008 5:50am Oct 30, 2008 5:50am
Quoting tdion

This reminds me a lot of mongoose's \"Big Sandwhich System\" (find the tread).......... it is countertrending and should get creamed in strong trends.
That's the disadvantages of this style of trading because the system betting against the trends. However, if you have sufficient resources (meaning money) and know how to play it then the profit is amazing.

regards
  • #234
  • Oct 30, 2008 6:25am Oct 30, 2008 6:25am
Quoting sipekan
That's the disadvantages of this style of trading because the system betting against the trends. However, if you have sufficient resources (meaning money) and know how to play it then the profit is amazing.
You can take only signals going with the main trend. Nobody forces you to take positions against the trend, IMHO. I think this is great system, very promising.
  • #235
  • Oct 30, 2008 7:22am Oct 30, 2008 7:22am
I was testing this system in a demo and my results were very bad.
The system is a disaster. I call this system: "Katryna against the trend System" DONT TRADE IT IN A REAL ACCOUNT
Good luck for all.
Quoting hotstorm
You can take only signals going with the main trend. Nobody forces you to take positions against the trend, IMHO. I think this is great system, very promising.
  • #236
  • Oct 30, 2008 7:33am Oct 30, 2008 7:33am
Oan4fx I have unzipped your arabiczip and loaded the templates UIS1 and UIS5, which one for scalping with and what recommended time frame?

I know you said you left it up to us to work out how it works but please could you give me the rules?

Thank you Sir
  • #237
  • Oct 30, 2008 7:59am Oct 30, 2008 7:59am
Quoting neurus
I was testing this system in a demo and my results were very bad.
The system is a disaster. I call this system: \"Katryna against the trend System\" DONT TRADE IT IN A REAL ACCOUNT
Good luck for all.
every one tried the system did put there results and it was hundreds of pips and you are just bluifing up you did not try the system or you want your sel only to get benifit and dont worrry in 48 houres only more than 3000 have downloaded my system and they are 100% and more satisfied
and about the trend i said 4 houres frame is the best for main system and the uis5 is for scalping in hali an hour frame and please next time be reasnoable .
  • #238
  • Oct 30, 2008 8:12am Oct 30, 2008 8:12am
Quoting lev1910
Oan4fx I have unzipped your arabiczip and loaded the templates UIS1 and UIS5, which one for scalping with and what recommended time frame?

I know you said you left it up to us to work out how it works but please could you give me the rules?

Thank you Sir
ok here is a brief description for my system
oan template system is for turbulents and trending markets like now adays markets.
uis 1 template system is for sidway markets you use halif hourlly and 4 houres frame for that
uis 5 template system is for swing trades you use dailly and weekly fram with it.
the trading in this system depends on a scale o 11 points .i you get 6 points of 11 you may enter the trade.
this is the degree distrubution.
1-if price at red or green line you give it 3 degrees
2-if price at doted lines you give it 2 degrees
3-if average candle ((orang colorued))is above .81 or below -.81 you gave it 2 degrees
4-if average candle is juse one level up you give it zero degree.
5-if rsi ((thick red line ))starting to change it s side with you trade or there is a divergance you add 2 degrees.
6-if cci which is sky blue line is with your trade or there is a divergance you add one degree.
7-if osma or macd which they are silver in color have a divergance you add one degree.
so the total is 11 degrees .
i you made 6 out of 11 or more you can enter the trade .
my regards.
  • #239
  • Oct 30, 2008 8:17am Oct 30, 2008 8:17am
I was testing the system live.
AN example: In USDJPY 4HR timeframe you had a sell signal at 95.80 and now the price is 98.70. The drawdown is near 300 pips.
The put another sell order at 96.10 and still up.
What can I do?
yesterday with the usdchf I had a long signal at 1.1455 and I close the trade with 200 pips drawdown.

Quoting oan4fx
every one tried the system did put there results and it was hundreds of pips and you are just bluifing up you did not try the system or you want your sel only to get benifit and dont worrry in 48 houres only more than 3000 have downloaded my system and they are 100% and more satisfied
and about the trend i said 4 houres frame is the best for main system and the uis5 is for scalping in hali an hour frame and please next time be reasnoable .
  • #240
  • Oct 30, 2008 8:22am Oct 30, 2008 8:22am
Quoting sipekan
That's the disadvantages of this style of trading because the system betting against the trends. However, if you have sufficient resources (meaning money) and know how to play it then the profit is amazing.

regards
Usually in Center of Gravity systems you trade only in the direction that the COG goes, when you see the channel pointing up you only trade in that direction. The COG direction depends on the TF you are trading.
If you only want to scalp some pips you can take a counter trade but it is a bit risky.

BTW: I only try the original prince system, the others lost the clear visibility because of toooo many overlapping indicators.
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