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My own developed benkyalate system

  • #461
  • Nov 6, 2008 1:39am Nov 6, 2008 1:39am
This is a very powerful system if you apply your own filters and be patient with the signals..Im using it on a 1min time frame and find it fine...

Can any one help with an MT issue with so many templates is there any way of clicking on your chart and finding out what template you have loaded on it ?

Sounds sillybut there must be a way

Cheers

Paulus
  • #462
  • Nov 6, 2008 1:54am Nov 6, 2008 1:54am
hi paulus
i always read your threads. nice to see u here
pailus isn't so small 1 m and what filter you are using ?
regards
  • #463
  • Nov 6, 2008 1:56am Nov 6, 2008 1:56am
2 trades here on the 1min I opened where the red arrow is closed where the red cross is this is a 1min time frame

My only filter ...

Check bands are going north for longs so entering on pull back
Check bands are going south for entry on retracement

+$150 +$110 per contract nice and quick and simple

Paulus
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  • #464
  • Nov 6, 2008 2:08am Nov 6, 2008 2:08am
Can some one give me the heads up on what each template is idealy used for please we have

Po1
Po2
Oan

many thanks

Paulus
  • #465
  • Nov 6, 2008 2:56am Nov 6, 2008 2:56am
another signal $100 per contract close at cog both chart going up enter on pull back ..all on Demo

Paulus
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  • #466
  • Nov 6, 2008 3:02am Nov 6, 2008 3:02am
Po1 is for gold
po2 is for gbpjpy but i think it can be used on all pairs
oan is for turbulant and trending market

with the po2 the bands of the COG are close togeather, so it gives are more signals. 'oan' they are a lot wider and should be used when pairs are making large moves.

Hope this helps.


Quoting Paulus
Can some one give me the heads up on what each template is idealy used for please we have

Po1
Po2
Oan

many thanks

Paulus
  • #467
  • Nov 6, 2008 3:25am Nov 6, 2008 3:25am
Apparently everyone is asking the same question over and over again

Available templates:

Oan:
You can use this template for every purpose
Turbulent and trending markets for big movements

Ultimate Infiniti Systems
UIS1:
Sideway markets, scalping, timeframes 30M and 4H

UIS5:
Swingtrades, timeframes: daily and weekly

PO Systems:
PO1: Gold, timeframe 4H
PO2: GBP/JPY, timeframe 4H

Available zip file at thread #206

Apparently everyone is asking the same question over and over again
  • #468
  • Nov 6, 2008 3:33am Nov 6, 2008 3:33am
The Polynomial Regression Bands are not available in FX DealBook 360.
Perhaps somebody has the knowledge for programming the Polynomial Regression Bands in CTL.
  • #469
  • Nov 6, 2008 3:33am Nov 6, 2008 3:33am
Quoting eTrader
Apparently everyone is asking the same question over and over again

Available templates:

Oan:
You can use this template for every purpose
Turbulent and trending markets for big movements

Ultimate Infiniti Systems
UIS1:
Sideway markets, scalping, timeframes 30M and 4H

UIS5:
Swingtrades, timeframes: daily and weekly

PO Systems:
PO1: Gold, timeframe 4H
PO2: GBP/JPY, timeframe 4H

Available zip file at thread #206 PO1 and PO2 not found in zip file ??

Apparently everyone is asking the same question over and over again
PO1 and PO2 not found in zip file ??
Never sell @ lower upward channel unless breacked and vise versa .
  • #470
  • Nov 6, 2008 4:10am Nov 6, 2008 4:10am
Sure they are there,I just downloaded the zip file and all is there!
  • #471
  • Nov 6, 2008 4:37am Nov 6, 2008 4:37am
hi paulus
i can see from your chart that you are not following the rules and you re entering much before the dotted line and the solid line .
good you are making green pip . but the rules are u wait until the candle hit the doted green line so you enter a small position buying and when it hit the solid line you enter another lot .
regards
  • #472
  • Nov 6, 2008 8:51am Nov 6, 2008 8:51am
aha

Ok Imad cheers for that I have just closed out another for $260 per contract hehe

Time in trade 8min

1st 8mins
2nd 4min
3rd 6mins

But I take on board what you say and thanks for pointing it out it all helps
  • #473
  • Nov 6, 2008 9:08am Nov 6, 2008 9:08am
Hi Oan4fx !

I once again thank you for introducing this concept
I trade it like Paulus in 1min time frame and the regular 4h time frame
for my long trades.

The system itself is about 70-80 % of the trick.
To be constantly profitable the following things are important :

1. Sticking 100% to your scale in rules !!!!
2. Only trade when the signals are clear !!! (red/green lines)
2. Combining your system with other confirming signals.
(Depends on personal favour)
3. Have patience like a sniper and wait for your big shot !!
(This is the most difficult part on every trading strategy !!!)

I combined your system with the very good one from Canadian Dude
(Fx_Prime System)

On the 1min it's working very good

No more to say here

Greetings and happy trading
May Allah/God bless you and your family

Bernhard
  • #474
  • Nov 6, 2008 9:15am Nov 6, 2008 9:15am
Hi Folks !

Martingale money management approach (scaling in with higher lots
every x Pips if price is going against you) works if you have a high
probability that the price turns.

For me it works like a swiss clock and everyone who is telling the
opposite is not a Pro !!

It only works fine if you know what you're doing !!
(And this takes a longer time.....)

I can say that Oan knows very well what he's talking about
because it works

Study Oan4fx and Fx_Prime system and you're on the way....

Greetings

Bernhard
  • #475
  • Nov 6, 2008 9:27am Nov 6, 2008 9:27am
Behof


Can you give me a link to the other system plse and how do u combine them to save clutter on this thread perhaps you can pvt me

Cheers

Paulus
  • #476
  • Nov 6, 2008 9:30am Nov 6, 2008 9:30am
I have a question if I remove the inds in the bottom pane will the signals still appear ?

Cheers

paulus
  • #477
  • Nov 6, 2008 9:31am Nov 6, 2008 9:31am
Quoting Paulus
Behof


Can you give me a link to the other system plse and how do u combine them to save clutter on this thread perhaps you can pvt me

Cheers

Paulus
Hi Paulus !

here you go ...

http://www.forexfactory.com/showthread.php?t=114258

Greetings

Bernhard
  • #478
  • Nov 6, 2008 9:48am Nov 6, 2008 9:48am
Yes, they will


Quoting Paulus
I have a question if I remove the inds in the bottom pane will the signals still appear ?

Cheers

paulus
  • #479
  • Nov 6, 2008 10:11am Nov 6, 2008 10:11am
here is my last system thegodfather2 .it is more developed and great try it and give me your opinion.all behof ,paulua all o you please .
i hope you will enoy it and happy trading .
my reards.
oan .
Attached File(s)
File Type: zip thegodfather.zip   48 KB | 2,106 downloads
  • #480
  • Edited 10:41am Nov 6, 2008 10:24am | Edited 10:41am
Salam Oan,

I just wanted to thank you for developing the system and posting it. What pair and for what market is your new system - Godfather- for?
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