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My own developed benkyalate system

  • #601
  • Nov 8, 2008 1:39pm Nov 8, 2008 1:39pm
Quoting Markillo
hi adros84 ive seen your trades and they are amazing! can you share us your template and indicators so we can try them too!
I use the following indicators:

1. PO2 (Oan system)
2. Stochastics 8:3:3
3. 3 level ZZ Semafor
4. Slope Direction Line
See attached files and tpl
Happy Trading
Attached File(s)
File Type: ex4 3_Level_ZZ_Semafor.ex4   8 KB | 986 downloads
File Type: mq4 3_Level_ZZ_Semafor.mq4   8 KB | 1,004 downloads
File Type: ex4 Slope Direction Line.ex4   4 KB | 1,023 downloads
File Type: tpl arabicmodified.tpl   7 KB | 1,186 downloads
  • #602
  • Nov 8, 2008 1:50pm Nov 8, 2008 1:50pm
thanks for sharing your template, but what about the dots and all those extra things thata apear in your posted chart! you added them manually to explane your trading style?
  • #603
  • Nov 8, 2008 1:59pm Nov 8, 2008 1:59pm
Quoting Markillo
thanks for sharing your template, but what about the dots and all those extra things thata apear in your posted chart! you added them manually to explane your trading style?
Install the attached files and all those dots you saw will show. Nothing special about them.
  • #604
  • Nov 8, 2008 2:55pm Nov 8, 2008 2:55pm
Hmm 2 complete contrary predictions based on the same system. Lets see who's right :-)
this is a snap shot of this new system .
Hi Folks !

Before I go to lunch have a look on the EUR/USD weekly chart...
Even a child can predict where price is going in the future...

Load your boots folks !

Greetings

Bernhard
Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1226058800



as we can see euro is going to retrace a little then reach 1.05 in the near future.
my regards.
oan. Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1226162024
  • #605
  • Edited 3:12pm Nov 8, 2008 3:01pm | Edited 3:12pm
Quoting adros84
My last post is very clear. I traded on Tuesday 4th Nov, made $7000. There was no valid signal on Wednesday and Thirsday 5th and 6th. Then on the 7th, I got valid signals on EUR/CAD and GBP/CAD. So I waited for two days and traded the third day. My total take on a $3000 account for one week is $39,000. What percentage increase is that?
Thats not a critism but isn't your riskmanagement far beyond good and evil?
What is your position size and how much does you risk per trade in terms of your capital?
  • #606
  • Nov 8, 2008 3:10pm Nov 8, 2008 3:10pm
Quoting MCFly
Hmm 2 complete contrary predictions based on the same system. Lets see who's right :-)
this is a snap shot of this new system .
Hi Folks !

Before I go to lunch have a look on the EUR/USD weekly chart...
Even a child can predict where price is going in the future...

Load your boots folks !

Greetings

Bernhard
Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1226058800




[size=5][color=#0000ff]as we can see euro is going to retrace a little then reach 1.05 in the...
did not get your point but this is two different time fram and i said it will retrace a little bit so until it go down again the weekly fram can repaint and change the look .
  • #607
  • Nov 8, 2008 3:11pm Nov 8, 2008 3:11pm
Quoting MCFly
Thats no a critism but isn't your riskmanagement far beyond good and evil?
What is your position size and how much does you risk per trade in terms of your capital?
we dont know how much to risk could you teach us pleasssssssssssssse
  • #608
  • Nov 8, 2008 3:35pm Nov 8, 2008 3:35pm
Quoting oan4fx
we dont know how much to risk could you teach us pleasssssssssssssse
Come on no offence meant. The profit is great but i doubt you can reach this on a live account when you pratice appropriate riskmanagement.
  • #609
  • Nov 8, 2008 3:39pm Nov 8, 2008 3:39pm
Quoting oan4fx
it works for me so i hope it will work for you and i have made my new system it's name is harmageddon
I cannot discharge this file. or not yet this?

Thank you.

No puedo descargar esta plantilla. O todavia no esta?
Gracias. Muchas Gracias
IH - B221 Return Today: -0.2%
  • #610
  • Nov 8, 2008 5:02pm Nov 8, 2008 5:02pm
Quoting adros84
I use the following indicators:

1. PO2 (Oan system)
2. Stochastics 8:3:3
3. 3 level ZZ Semafor
4. Slope Direction Line
See attached files and tpl
Happy Trading
Hi Adros !

First of all thanks for your input here
I hope this thread will be a constructive one and never would be cluttered
to death with dumb posts.

This was the death for some very good threads here at FF

Oan4fx keep going !!

By the way Adros do you know if there exists an alert for the semafor indicator ?

Greetings and many pips to all !!

Bernhard
  • #611
  • Edited 10:46pm Nov 8, 2008 5:23pm | Edited 10:46pm
Quoting MCFly
Come on no offence meant. The profit is great but i doubt you can reach this on a live account when you pratice appropriate riskmanagement.
really i look for 1 - 10 % dailly thats my maxiumum so i can end up ith one precent only or more but my risk is very small i risk 300 $ in every 30000$ so it is only .01% risk but with 500 pip or more i can manage to have 1 - 10 % profit .
risk here means amount of money i am willing to loose .
and that what i adcive all to do .
my leverage is 2:1 as maxiumum .
  • #612
  • Nov 8, 2008 5:51pm Nov 8, 2008 5:51pm
Hi Oan4fx !

Thanks for the clarification on money management and leverage
This shows me that you know what you're talking about.....

This would be also my advice.

Greetings

Bernhard
  • #613
  • Nov 8, 2008 7:43pm Nov 8, 2008 7:43pm
First I Would To Thank Oan4fx For Posting His System And For All The Time He Spent Responding To The Questions And Comments(good And Bad).ignore The Naysayers , You Could Give Them A Fortune And They Would Still Ask For More .i Would Also Like To Thank Paulus And All Others For Sharing Their Ideas And Systems In These Threads.lastly I Would Like To Know If Anyone Can Code These Indicators For Tradestation Easylanguage Or Let Me Know If There Is Anything Comparable To The Cog And Candle Avg In Tradestation.usually I Can Get The Settings From The Files And Apply Them To My Indicators But I Can't Find These Indicators And Because Of The Language Barrier I Can't Read All The Files That Have Been Posted.thanks, Alex
  • #614
  • Nov 8, 2008 10:41pm Nov 8, 2008 10:41pm
Quoting Paulus
Hi

Just a quicky my Godfather2 has no arrows on it is that right I have every thing else bar entry warning arrows ?

Paulus
Paulus I put the Super Signal v3d indicator on the Godfather2 template and got the arrows.
  • #615
  • Nov 8, 2008 11:44pm Nov 8, 2008 11:44pm
Ok, one more question from me...

I've tested the eur/usd, using the oan template, on four hour time frames, with VERY good results! Thanks once again to Oanfx.

My question is...

What template should I use on the following pairs:

usd/jpy
aud/usd
eur/aud
usd/chf
gbp/chf

My thinking is to use the PO2 template. Has anybody tested these pairs with PO2?
  • #616
  • Nov 9, 2008 12:54am Nov 9, 2008 12:54am
This is a snapshot from your "old" system (last week). It says that now it is time to BUY - euro is soon going to retrace.

So you have changed the settings "a little", perhaps added a few fancy indicators. Are you sure that this "system" performs better than the earlier one? Have you extensively tested this "system" under different market conditions? Have you done analysis on the results?

No of course not. This is just playing with some indicators, changing the "system" in an ad-hoc manner, fooling noobs to use your "system".

And how could you test or analyse the "system" as there is no system, just a template.

For anyone who is going to try this "system":

  1. define explicit rules for trading including sl and target setting
  2. demotrade at least three months to test the system during ranging and trending
  3. apply it to main and cross pairs
  4. make sure you take every trade the system proposes
  5. document and analyse the results

... and then perhaps use your real money for trading this thing

Probably the "system" has changed a dozen times by that time.

R

Quoting oan4fx
this is a snap shot of this new system .
as we can see euro is going to retrace a little then reach 1.05 in the near future.
my regards.
oan.
Attached Image (click to enlarge)
Click to Enlarge Name: eon-euro.gif Size: 19 KB
  • #617
  • Nov 9, 2008 1:42am Nov 9, 2008 1:42am
Quoting Rocroy

So you have changed the settings "a little", perhaps added a few fancy indicators. Are you sure that this "system" performs better than the earlier one? Have you extensively tested this "system" under different market conditions? Have you done analysis on the results?

No of course not. This is just playing with some indicators, changing the "system" in an ad-hoc manner, fooling noobs to use your "system".

And how could you test or analyse the "system" as there is no system, just a template.
Quoting oan4fx
i think some of them are brokers market makers and bank liquidty providers that dont want us to win but we will .
my regards.
oan.
Here comes another one.
  • #618
  • Nov 9, 2008 1:48am Nov 9, 2008 1:48am
Listen mate I'm on your side. Don't go with hype, check it yourself first.

Market makers don't care a pig shit about this "system" and its users. It is totally insignificant to them.

Quoting forexisfx
Here comes another one.
  • #619
  • Nov 9, 2008 2:27am Nov 9, 2008 2:27am
Quoting adros84
This system may not be the holy grail and there is none anyway, but it works. See my attached snapshots of the trade I did on Friday. My account went up from $7000 to $42,000. I traded EUR/CAD and GBP/CAD, entered at the red lines and scaled my trade in at every other 50pips. What better proof do you need.

Oan said it works best in H4 TF and to enter at the solid red or green lines. This may result in very few trades but one is sure to strike gold if one follows the rules rigidly. That was what I did. My lat trade was on Tuesday 4/11/08 when I turned $3000 to $10000. i tried some other 'fast' trades not waiting for price to touch the solid lines and I lost $3000. So I resolved to wait until...
Hello'
I have read about this system to be quiet successful. I have tried reading almost every post to find out what indicatore are used and the possible settings.. I could not get the clear picture.. what to do.. Can some make time to post all settings together..(OanFx) I am interested in GBY/JPY system the most.. Please if you can make time.. I will really appreciate it.
Thanks in advance
Markets are not Random, they are designed!
  • #620
  • Nov 9, 2008 3:27am Nov 9, 2008 3:27am
Template name in Forgiveme.zip ?
What is the name of the template in the zip file "Forgiveme.zip"
Attached Image
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