oan, do you watch the gravity lines for reversal & take profit
jayal
my regards.
oan.
My own developed benkyalate system
- #862
- Nov 16, 2008 12:06am Nov 16, 2008 12:06am
Thanks Oan for the new template
Few comments please
1- The new fibs lines are very near to each other on TFs above 1hr which makes it difficult to trade with.
2- What is the use of the volume indicator at the bottom. The volume here will only show you the spicific broker volume not the whole forex market.
3- I belive the CCI indicator on your previous templates was much useful for detecting divergence. Its been removed on this last one you post.
Keep up the good work !
the fib lines or trading small time frames
volume is important with candleaverage a reversal in it with candle averae in a gravity line gives a strong signal and it is tick build up volume.
the cci is important you can add it but i think rsi is enougth
my regards.
oan.
- #866
- Nov 16, 2008 1:52am Nov 16, 2008 1:52am
- | Joined Sep 2006 | Status: Learn before you earn. | 63 Posts
thi is a snap shot of my special system that i am uing no a day.
my regards.
oan.
Which Metatrader (Broker) so far you find best for your charting and provide most accurate signals ?
Thanks man.
TS
Hi Oan,
I have been using your older COG settings (120,4) and for me it is easier to spot the potential trades since the COG centerline seems to go through price action better.
This is not a criticism but can you explain how the new COG settings is better? I can see how the pivot points and fibs help but I can't understand how the new COG settings help.
Thank you again for sharing your system.
and it is up to you to decide which template suits your need ,my previous systems was for 4 hours tradin this new one for 4 hours and smaller time frame a i noticed a lot just want 50 - 200 pips no more so just take the one that you like and have your self more adapted to .
my regards.
oan.
Salam Oan4fx,
I just found ur thread..I prefer your first system....it is still can be use until now? how about the news...will it take effect with your system?
Im still confuse about your trading rule....what is blue line at the centre...green/red dotted lines...and green/red lines..what happen if the price break up/down the blue line?
sorry for bad english
best regards.
the last system is more developed but you can use the first one all have the same capibilities just differ in effeciency so use what you like and prefare .and adapt it to your system and sell at the upper sold line in the first system case it is red color and buy at the lower sold green line .the first system is for 4 houres time frame only and the last one is for all time frames rehanced with fibonic level .
my regards.
oan.
- #871
- Nov 16, 2008 5:26am Nov 16, 2008 5:26am
salam my friend
the last system is more developed but you can use the first one all have the same capibilities just differ in effeciency so use what you like and prefare .and adapt it to your system and sell at the upper sold line in the first system case it is red color and buy at the lower sold green line .the first system is for 4 houres time frame only and the last one is for all time frames rehanced with fibonic level .
my regards.
oan.
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oan, on your new leo system, do we go long on yellow line and candle average ABOVE 0.81, and short on blue line and candle average BELOW -0.81? This would be the reverse of your older systems, am I right?
my regards.
oan.
Hey,
So i've been looking that this thread since the begining, i have not tried this on a 4h chart only once and it was profitable until 50 pips and i actually cashed out but then i went to back and look it Crashed against the sginal like no tomorrow.
Anyways thats aside my Question..
Question is:
I usually use the 1 minute chart, what really confuses me like no tomorrow is when i see the price touch the solid colour lines, (using Leo would be the Yellow and blue) and all the indicators are oversold and almost directing down, my problem is appreantly...
and there must be som drawdon so we just hope to minimize it .
my regards.
oan.
- #879
- Nov 16, 2008 8:10pm Nov 16, 2008 8:10pm
you need to confrim with scale system candle average and the rest rsi and volume and stoch to enter a trade and one minute frame is really hard to be traded so just try to use hourlly and 4 hours until you master the system well.
and there must be som drawdon so we just hope to minimize it .
my regards.
oan.
Hey,
Yea i do just that but it still goes against me, ill try to post some photos, and ill take the advice of using a longerterm Timeframe. and give that a shot... thanks.
Regards,
Mike.
And your mouth dropped