My own developed benkyalate system | Page 46 | 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

  • #901
  • Nov 17, 2008 5:43am Nov 17, 2008 5:43am
Adros Hello!
I cheer for your results.
Could you explain in a graphic when you enter the trade? and when they your exit?
It would greatly help everyone!

Thank you
  • #902
  • Nov 17, 2008 5:59am Nov 17, 2008 5:59am
Quoting ninpojutsu
Adros Hello!
I cheer for your results.
Could you explain in a graphic when you enter the trade? and when they your exit?
It would greatly help everyone!

Thank you
Well, I won't be able to post my live account as i do not want my brokers hunting me down. However, I must say I modified the Leo template. I only retained the Candle Average and Stochastics. Then I put Color Parabolic, Slope Direction Line and 3-Level ZZ Semafor on my chart.

I buy when the candle Average goes above 0.81, the Slope Direction Line turns blue, the stochastics crosses below 30 and Parabolic moves from above to below the price. For sell, I simply reverse the above.

I trade 2lots (Not very good MM for a $3000 account, but I target 50 pips.) Sometimes, I exit 1 lot after 20-30 pips and let the rest run to the end.

So far, I've taken two trades for a total profit of $2200!

Hope this helps.
  • #903
  • Nov 17, 2008 6:02am Nov 17, 2008 6:02am
Quoting dimitrius
anything with more depth? Share with us which template and timeframe you use. We're all here to learn from one another.
leoan template, 1h timeframe
lot of signals today since the market opened
  • #904
  • Nov 17, 2008 6:05am Nov 17, 2008 6:05am
Quoting adros84
Well, I won't be able to post my live account as i do not want my brokers hunting me down. However, I must say I modified the Leo template. I only retained the Candle Average and Stochastics. Then I put Color Parabolic, Slope Direction Line and 3-Level ZZ Semafor on my chart.

I buy when the candle Average goes above 0.81, the Slope Direction Line turns blue, the stochastics crosses below 30 and Parabolic moves from above to below the price. For sell, I simply reverse the above.

I trade 2lots (Not very good MM for a $3000 account, but I target...
Well done Adros!
What TimeFrame are you using?
Thanks!
Stay on the PIPest side of life!
  • #905
  • Nov 17, 2008 7:06am Nov 17, 2008 7:06am
do the original rules apply to the new template and indicators (leo.zip)?
  • #906
  • Nov 17, 2008 7:32am Nov 17, 2008 7:32am
Quoting Hanoverfiste
do the original rules apply to the new template and indicators (leo.zip)?
No we reverse the candle average rule now.
  • #907
  • Nov 17, 2008 7:35am Nov 17, 2008 7:35am

oan4fx
You are the best, gest duble my acount today ....but I what to know a good stop for your sistem... after how many pips I know theat the trade is not good and I have to exit ?...
  • #908
  • Nov 17, 2008 7:55am Nov 17, 2008 7:55am
As Always Abu3oon..masha2 Alah 3alik,really Ur The Best And God Bless You
  • #909
  • Nov 17, 2008 8:11am Nov 17, 2008 8:11am
What are your parabolic and slope direction line parameter?

Quoting adros84
Well, I won't be able to post my live account as i do not want my brokers hunting me down. However, I must say I modified the Leo template. I only retained the Candle Average and Stochastics. Then I put Color Parabolic, Slope Direction Line and 3-Level ZZ Semafor on my chart.

I buy when the candle Average goes above 0.81, the Slope Direction Line turns blue, the stochastics crosses below 30 and Parabolic moves from above to below the price. For sell, I simply reverse the above.

I trade 2lots (Not very good MM for a $3000 account, but I target...
  • #910
  • Nov 17, 2008 9:50am Nov 17, 2008 9:50am
Quoting Dance981

oan4fx
You are the best, gest duble my acount today ....but I what to know a good stop for your sistem... after how many pips I know theat the trade is not good and I have to exit ?...
just dont be greedy and take proit regullary it is better.
my regards.
oan.
  • #911
  • Nov 17, 2008 10:03am Nov 17, 2008 10:03am
May I know how u determine your target price(TP)? Once again thanks.
  • #912
  • Nov 17, 2008 10:21am Nov 17, 2008 10:21am
this is the last development the simple stratgy .
only one timing indicator with special parameters.
my regards.
oan.
Attached File(s)
File Type: zip simple.zip   34 KB | 1,463 downloads
  • #913
  • Nov 17, 2008 10:22am Nov 17, 2008 10:22am
Assalamu'alaikum Oan4fx,

Hope this help and you could use this on the next system...
Keep your good works... may Allah SWT bless you...

Salam,

KG
Attached File(s)
File Type: ex4 Polynomial Regression Modified by KG.ex4   8 KB | 1,276 downloads
  • #914
  • Nov 17, 2008 10:39am Nov 17, 2008 10:39am
Quoting oan4fx
this is the last development the simple stratgy .
only one timing indicator with special parameters.
my regards.
oan.
This is getting very messy, now which template to use?
  • #915
  • Nov 17, 2008 10:43am Nov 17, 2008 10:43am
Quoting Fumiryu
This is getting very messy, now which template to use?
use what suits you ,you need to demo them first then choose a one but i advice to use this lat system simple sytem.
my regards.
oan.
Attached File(s)
File Type: zip simple.zip   34 KB | 972 downloads
  • #916
  • Nov 17, 2008 10:52am Nov 17, 2008 10:52am
Quoting oan4fx
this is the last development the simple stratgy .
only one timing indicator with special parameters.
my regards.
oan.
the new one is wonderful,
is it possible to use it H1, H4 timeframe?
best regards!
  • #917
  • Nov 17, 2008 10:56am Nov 17, 2008 10:56am
Quoting oan4fx
use what suits you ,you need to demo them first then choose a one but i advice to use this lat system simple sytem.
my regards.
oan.
Any time frame also? Entry same as Leo system? Please advise? I check Leo and Simple, there are some differences in the candle averages.
  • #918
  • Nov 17, 2008 11:00am Nov 17, 2008 11:00am
Quoting Dance981

oan4fx
You are the best, gest duble my acount today ....but I what to know a good stop for your sistem... after how many pips I know theat the trade is not good and I have to exit ?...
Follow the general cog rule. Exit when you hit the middle blue line. What i like to do is to open 2 lots. When it hits the blue line i close 1 lot. I let the other lot run. That way, if it reverses i would have taken some profit out of the table.

Summary: Exit when it touches the center blue line to be safe. If you are confident with your technicals you can afford to hold on until your signals tell you to get out.
  • #919
  • Nov 17, 2008 11:06am Nov 17, 2008 11:06am
hey is this just about to be a sell signal? thanks guys!

by the way tahts the Eur/GBP 15min!!
Attached Image (click to enlarge)
Click to Enlarge Name: 4.jpg Size: 175 KB
And your mouth dropped
  • #920
  • Nov 17, 2008 11:10am Nov 17, 2008 11:10am
Quoting thelws
Follow the general cog rule. Exit when you hit the middle blue line. What i like to do is to open 2 lots. When it hits the blue line i close 1 lot. I let the other lot run. That way, if it reverses i would have taken some profit out of the table.

Summary: Exit when it touches the center blue line to be safe. If you are confident with your technicals you can afford to hold on until your signals tell you to get out.
You seem to understand clearly this method: could you tell me: if it's possible to use it H1, H4 timeframe?
best regards!
3 traders viewing now