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My own developed benkyalate system

  • #701
  • Nov 10, 2008 1:15pm Nov 10, 2008 1:15pm
can you share your indicators

i copied the stocastic color.mq4 in the indicators folder but is not working
  • #702
  • Nov 10, 2008 1:17pm Nov 10, 2008 1:17pm
Make sure you put it in your C: prog files:metaTrader:Experts:Indicators folder

Shut then re open MT

It should be there
  • #703
  • Nov 10, 2008 1:37pm Nov 10, 2008 1:37pm
Thank you Paulus,
I'll look at it.

On USD/CAD, it should be a good signal I think. Maybe it is a little too early to play the TF4h because it just opened...
Attached Image (click to enlarge)
Click to Enlarge Name: cog.gif Size: 20 KB
  • #704
  • Nov 10, 2008 1:44pm Nov 10, 2008 1:44pm
the great thing about this system is that any one can use it .. it dosnt need alot of hard working or long hours of watching so enjoy it and be thankfull that this great man is doing his best to make it better and easy to use..
thank you abu oan ..god pless you.
  • #705
  • Nov 10, 2008 1:47pm Nov 10, 2008 1:47pm
Quoting Neko119
Thank you Paulus,
I'll look at it.

On USD/CAD, it should be a good signal I think. Maybe it is a little too early to play the TF4h because it just opened...
Question, What TPL are you using ?
  • #706
  • Nov 10, 2008 1:48pm Nov 10, 2008 1:48pm
Quoting Neko119
Thank you Paulus,
I'll look at it.

On USD/CAD, it should be a good signal I think. Maybe it is a little too early to play the TF4h because it just opened...
what template is that .
my regards.
oan.
  • #707
  • Nov 10, 2008 1:49pm Nov 10, 2008 1:49pm
Quoting deadsoul
the great thing about this system is that any one can use it .. it dosnt need alot of hard working or long hours of watching so enjoy it and be thankfull that this great man is doing his best to make it better and easy to use..
thank you abu oan ..god pless you.

thanks a lot for your nice words and god bless you too .
oan.
  • #708
  • Nov 10, 2008 1:54pm Nov 10, 2008 1:54pm
I, can also saying,thanks from this nice pipsmachine.
Good luck,and best regrads.
  • #709
  • Nov 10, 2008 2:08pm Nov 10, 2008 2:08pm
Quoting Paulus
here is my 3rd signal so Rar 55+50 pips on the 1st 2

When this signal was taken indicated by the large red arrow the bands were clearly going up

My TP is the top red dashed line

Paulus
Hi, Paulus!


Thanks a lot for sharing your charts!

When scalping on 1M chart, do you open a single chart or open multiple charts and wait for trade signals?

Michael
  • #710
  • Nov 10, 2008 2:08pm Nov 10, 2008 2:08pm
Quote
what template is that .
my regards.
oan.

Hello OAN !
It IUS5, but I put a MACDhistogramm a part to see better
the TF is 4h
Cheers
Neko
  • #711
  • Nov 10, 2008 2:09pm Nov 10, 2008 2:09pm
PAULUS,

what are your rules to trade 1min? do you trade 4h also? If yes, with the same rule?
Thank you for your participation to the thread
Best regards
  • #712
  • Nov 10, 2008 2:20pm Nov 10, 2008 2:20pm
Quoting oan4fx
please just follow up this rules.
trade 4 houres frim this sytem was designed to work in 4 houres frim only
so you may find breaks up in other time frims so ust trade the 4 houres
the original first system is an open version so you can use up with any market
the modified systems was modified for there own markets.
oan it is for turbulent markets like now adays market so i advice now adays to use oan template only .
uis 1 is for scalping only in asia and europe time
[size=5][color=red]uis...
review this please all.
  • #713
  • Nov 10, 2008 2:21pm Nov 10, 2008 2:21pm
Quoting Neko119
Hello OAN !
It IUS5, but I put a MACDhistogramm a part to see better
the TF is 4h
Cheers
Neko
uis 5 is for dailly fram use only my friend .
my regards.
oan.
  • #714
  • Nov 10, 2008 2:22pm Nov 10, 2008 2:22pm
Quoting oan4fx

oan it is for turbulent markets like now adays market so i advice now adays to use oan template only .
uis 1 is for scalping only in asia and europe time
uis 5 is for long term trading only dailly frim
po1 is for gold trading 4 houre frim
po2 is for gbppy trading 4 houres also
all can apply to any market in 4 houres frim .but you need to confrim there signals.they have small differencce thats all.
[size=5][color=red]scalping in this time only from 7 est pm...
and this.
  • #715
  • Nov 10, 2008 2:28pm Nov 10, 2008 2:28pm
Quote
uis 5 is for dailly fram use only my friend .
my regards.

Ok, sorry.
so:
UIS5=daily
UIS1=4h

Thank you
Cheers
Neko
  • #716
  • Nov 10, 2008 3:28pm Nov 10, 2008 3:28pm
Hi, firstly I would like to thank oan for sharing his system . I have been trading for seven years and tried a hell of a lot of trading systems including useless ones that I paid money for. However the benkyhlate system has to be the best one I have ever used, as it has made more pips than any other system I have used . Finally I just have to say it's a shame a few people have critisized this sytem before they have tried to use it because of the repainting issues . But like everyone has said the COG has to be used together with the other indicators to make it work properly.

Thanks again to everyone for keeping this thread postive.
  • #717
  • Nov 10, 2008 4:00pm Nov 10, 2008 4:00pm
I must agree with everyone this system is pretty awesome when used carefully.... I scalped 60 pips last night did 15 trades and all positive...using the 1M and it was soooo AWESOME and easy using 6 currencies... keep the AWESOME work AON...

Cheers
Fx-seer
  • #718
  • Nov 10, 2008 4:18pm Nov 10, 2008 4:18pm
Quoting oan4fx
this entry is wrong you should enter from touching the red or green line.
my regards.
oan.
Good job!
  • #719
  • Nov 10, 2008 4:25pm Nov 10, 2008 4:25pm
Hi guys,

I've been following this thread for the past week almost since it started. First of all, I must apologize for repeating the same question so many times... I'm a new trader and I really don't understand(or still unsure of) some things. My only trading experience is paper trading for about 6 months.

So please forgive me and I hope someone will answer my questions and correct whatever wrong info i have posted so that i can learn more >_<.

Questions:
1) I need to confirm the templates (please note, these are the original templates issued by oan himself. not the edited ones by others):
oan: 4h time frame, for unstable markets (a lot of other people has used this and reported good results
po1: 4h time frame, gold trading
po2: 4h time frame, gbpjpy (but has been used successfully on most ofther pairs as well according to feedback)
uis1: (what time frames?) for scalping during asia and europe market times only
uis5: daily or weekly time frame, long term trading only
godfather2: 4h time frame, template that can be used for all currency pairs
forgiveme: (what time frames?) what market conditions?

2) The rules to use is:

3 for red and green line
2 for dotted line
2 for three candle average level above .81 or les than -.81
0 for candle with one level only
2 for rsi divergance or changing course
1 for cci
1 for macd divergance or signal
you can add on balance volume and 2 for divergance in it .
6 point is enougth to enter a trade with good managment.


3) What is the best one to use for

a) scalping?

- surprisingly eventhough the uis1 is the intended template for scalping, i dont see many people using this template. Instead they use a modified oan/po2/godfather. So should i use one of these modified templates instead of the intended uis1?

b) 4 hour trades
- there are a million templates for this time frame. Lets move back a little. Before you guys came up with your own templates, which original template did you use?

based on the original templates, i have loaded them into metatrader4 platform and this is the result i got. all of them give different indications, which one should i use? notice that for the different indicators, they reach a different line.
http://xs233.xs.to/xs233/08461/untitled787.jpg.xs.jpg
  • #720
  • Nov 10, 2008 4:26pm Nov 10, 2008 4:26pm
Paulus can you tell me what template you are using for 1M
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