My own developed benkyalate system | Page 33 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

What I have learned trading & How I developed my system 6 replies

Developed This System, Glitches 0 replies

Did I just create my own very simple system? 25 replies

Indicators & EA's vs own system 8 replies

Creating Your Own Trading System : A View From the Outside In 0 replies

Attachments: My own developed benkyalate system
Exit Attachments

My own developed benkyalate system

  • #641
  • Nov 9, 2008 2:10pm Nov 9, 2008 2:10pm
Hi Behof,

Are you still using the po2 template or have you upgraded to another one?

PLease can you post your template?

Thanks,
Pira


Quoting behof
Hi Folks !

Please f0ind attached an actual snapshot of USD/CAD 4h chart.
I think you can see the nice price rebound at green and red solid lines
Watch also the behaviour of the slope indicator curve.

1. At the first vertical line slope coulor changed to red.
2. Price was above solid red line
2. Candle indicator was at +0.81
3. TRSI was overbought
4. Stoch headed down

=> Short with 1 standard lot (example)

5. At the second vertical line slope changed again to red
6. Price was above solid red line
6. Candle indicator was before at +0.81
7. TRSI had formed a divergence against price (price up, TRSI down)
(see magenta trendlines)

=> Short with 2 standard lots (example for scaling up)...
  • #642
  • Nov 9, 2008 2:21pm Nov 9, 2008 2:21pm
Quoting oan4fx
oan.
Thank yhou I just need a new snapshot !!

the tlp that I published, that contains x & arrows, calculates automatically the 6 points ?

Sorry for my english
  • #643
  • Nov 9, 2008 2:27pm Nov 9, 2008 2:27pm
Quoting Annarita01
Thank yhou I just need a new snapshot !!

the tlp that I published, that contains x & arrows, calculates automatically the 6 points ?

Sorry for my english
no problem i have the same problem with my english .
no it does not calculate the points you have to calculate it in your own and the signal and sound is just to alert you that there is a trade coming soon and please demo at first to make a good grasp of the system .
my regards.
oan.
  • #644
  • Nov 9, 2008 2:28pm Nov 9, 2008 2:28pm
Hi Folks !

As requested please find attached my template with indicators.
The center of gravity values correspond to Oan's last posted
forgiveme system.

Play around with it

Comments are always welcome....

You all know => YES WE CAN

Greetings

Bernhard
Attached File(s)
File Type: zip Godfather.zip   26 KB | 1,786 downloads
  • #645
  • Edited 2:56pm Nov 9, 2008 2:45pm | Edited 2:56pm
Hi Folks !

Attached you will find an actual snapshot of AUD/USD pair.
With the vertical line I've marked a so called A-Trade.
All conditions are lined up perfectly :

1. Price is above solid red line
2. TRSI is above red 70 level in overbought area
3. Candle Average Indicator is at +0.81 level
4. Stoch indicator is overbought and begins heading down

Shure there are other good opportunities but I want to show you
the ideal conditions for such a trade.

By the way this concept is also valid on lower time frames !!

As you can see => PATIENCE IS KEY ATTITUDE IN ALL TRADING !!

=> I always have my inner fights with this bloody patience

Maybe Oan4Fx could comment my analysis

This is my system and I give it to you....

NOW ITS YOUR TURN TO MAKE IT !!!!

Greetings and happy Pippin

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: aud_usd.gif Size: 57 KB
  • #646
  • Nov 9, 2008 2:54pm Nov 9, 2008 2:54pm
Quoting behof
Hi Folks !

Attached you will find an actual snapshot of AUD/USD pair.
With the vertical line I've marked a so called A-Trade.
All conditions are lined up perfectly :

1. Price is above solid red line
2. TRSI is above red 70 level in overbought area
3. Candle Average Indicator is at +0.81 level
4. Stoch indicator is overbought and begins heading down

Shure there are other good opportunities but I want to show you
the ideal conditions for such a trade.

As you can see => PATIENCE IS KEY ATTITUDE IN ALL TRADING !!

=> I always have my inner fights with this...
wait for sold line to be reached then apply the scale system or your system that you use to confirm the trade.
i wish i could post a live trade but i cannot cause i dont us to be hunted by liquidty providers and big fish so just apply the rules as stated
solid red or green line 3points
red or green doted lines 2 points
rsi 2 point
cci 1 point
macd 1 point
stoch(8,3,3) 1 point
candle average 2 points if reach .81
candle average zero point if reach .405 only
good luck
my regards
oan.
  • #647
  • Nov 9, 2008 3:10pm Nov 9, 2008 3:10pm
Hi Folks !

Here is an actual snapshot of AUD/USD 5min Chart.
I'm short with 1 standard lot.

Lets the gap be filled....

Warning => This is only for cool people..

Greetings

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: aud_usd.gif Size: 38 KB
  • #648
  • Nov 9, 2008 3:21pm Nov 9, 2008 3:21pm
Hello! the numbers in circle repaints?¿

Thanks for your work!!
  • #649
  • Nov 9, 2008 3:26pm Nov 9, 2008 3:26pm
Quoting ninpojutsu
Hello! the numbers in circle repaints?¿

Thanks for your work!!
Hi ninpojutsu !

Yes the semafor indicator repaints !!
Specially for this indicator I recommend reading the attached thread
in Forex-TSD Forum.

There are well experienced traders who explain it...

http://www.forex-tsd.com/indicators-...cator-mt4.html

Greetings

Bernhard
  • #650
  • Nov 9, 2008 3:42pm Nov 9, 2008 3:42pm
Hi Folks !

Here is a shoot of GBP/USD 5min Chart.
I'm short with 3 standard lots.

Together with AUD/USD I'm short 4 standard lots.

Actual profit => 420 USD$

Have faith in yourself !!

Greetings

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_usd.gif Size: 41 KB
  • #651
  • Nov 9, 2008 3:46pm Nov 9, 2008 3:46pm
Behof,


Do you only wait for Grade A trades?

Mitch
  • #652
  • Nov 9, 2008 3:52pm Nov 9, 2008 3:52pm
Quoting mitchp
Behof,


Do you only wait for Grade A trades?

Mitch
Hi Mitch !

Yes I mostly trade off the 4h chart !
This 5min plays are only for fun to give me a nice basic income....

By the way GBP/USD is playing with 1.5800 round number....
Who could have guessed

Greetings

Bernhard
  • #653
  • Nov 9, 2008 3:58pm Nov 9, 2008 3:58pm
Hi Folks !

I've added 3 more standard lots to my GBP/USD short trade because
RSI line touched again the red overbought line..

My target will be 1.5700 line => Gap fill

Lets see..

Greetings

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_usd.gif Size: 41 KB
  • #654
  • Nov 9, 2008 4:15pm Nov 9, 2008 4:15pm
wooow the numbers are magic!!
in 1m eurusd 50 pips in 30 minutes!!!!!
  • #655
  • Nov 9, 2008 4:31pm Nov 9, 2008 4:31pm
Hi Folks !

I hoped you learned something......
As you can see GBP/USD climbed up and I scaled up my lots....
Well that were demo lots to demonstrate that there is something missing...

Attached you will find an improved chart with the following modifications :

1. I deleted trend slope indicator
2. I added Heiken Ashi smoothed indicator
3. I added 3 SMA (smoothed) moving average...

And now look.....

By the way I added 4 more standard (demo) lots

Greetings

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_usd.gif Size: 43 KB
  • #656
  • Nov 9, 2008 4:36pm Nov 9, 2008 4:36pm
Hi Folks !

Now price touched red solid line !
RSI stays oversold

Wait for EMA to cross Heiken Ashi down....

Greetings

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_usd.gif Size: 43 KB
  • #657
  • Nov 9, 2008 5:23pm Nov 9, 2008 5:23pm
Ninpojutsu - great trading. What template did you use, and what was your reason to enter? Thanks.
  • #658
  • Edited 6:18pm Nov 9, 2008 6:17pm | Edited 6:18pm
Quoting dimitrius
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?
Hello

Does anybody want to answer my question above?? I think it can help the newer people on this thread with which templates to use.

I use the following, all on the four hour timeframe, but would like input from everyone else that is successfully testing these templates on these pairs:

eur/usd: oan
usd/jpy: po2
aud/usd: ??
eur/aud: ??
usd/chf: ??
gbp/chf: ??

Which templates do you guys find are successful for these pairs above? Feel free to add other pairs you may be trading that I left out.

Muchos gracias.
  • #659
  • Nov 9, 2008 7:15pm Nov 9, 2008 7:15pm
can some one help me please ive been testing oan4fx's system the one that shows some signals with arrows, but i had a problem with my computer yestarday and i cand find the zip file with the template and the indicators!

thaks! nice group!!
  • #660
  • Nov 9, 2008 7:39pm Nov 9, 2008 7:39pm
can some one help me and post it please! or you oan4fx can you post it again?
2 traders viewing now