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My own developed benkyalate system

  • #1,041
  • Nov 19, 2008 8:46pm Nov 19, 2008 8:46pm
Quoting FX.Sniffer
Hi All,

This system is working so fine even though I prefer the classical way but this system proved itself in the current market's condition.

The original Belkhayate system works best on the 4 hours TF, but Oan's modified system works on all time frames starting from 4H to 1M.

[b][size=2][font=Book Antiqua][color=royalblue]My...

FXSniffer, thanks for your feedback. I do think I need to highlight though that some of us have been trading for many years, and are on a quest for more knowledge, which is why we ask the questions we do about the new systems that are posted here.

The last system, we were told by Oan that we must all use it as it works best. We're trying to improve.

I have been trading stocks and index futures for many years, and I am new to forex, but not a newbie asking to be spoonfed. I have been testing forex systems to find what suits me for over a year now. We're not asking to be spoonfed. in fact, some of us like trendspider, adros, behof, and myself have been adapting the system to suit ourselves. The new leo system blew a large part of my account and I'm trying to figure out what happened with the help of Oan, and the others I've mentioned. Not asking to be spoonfed.
  • #1,042
  • Nov 19, 2008 9:06pm Nov 19, 2008 9:06pm
Quoting dimitrius
FXSniffer, thanks for your feedback. I do think I need to highlight though that some of us have been trading for many years, and are on a quest for more knowledge, which is why we ask the questions we do about the new systems that are posted here.

The last system, we were told by Oan that we must all use it as it works best. We're trying to improve.

I have been trading stocks and index futures for many years, and I am new to forex, but not a newbie asking to be spoonfed. I have been testing forex systems to find what suits me for over a year...
Hi my friend,

I didn't point at you, and my statement was for the people who might come in this thread and read that others are making hundreds of pips from this system, then starts to state that they can't understand it or keep on asking questions which they can solve if they know for example how to use the metatrader.

Me my self I'm trying to come up with the best entrance and exit timing in order to minimize the backdraw, I'm even trying to take advantage of the chances that precede the system's chances. If I'm going to spend my time on monitoring this system until it generates an entrance then better to take an advantage of the time.

I agree with you that money & risk management must be presented all the time in order to avoid big losses.

Once again..I was just giving an advice to all, and didn't specify anyone.
Have a nice day and all the best with your trades.

Cheers,
Sniffing Snake's Tracks...
  • #1,043
  • Nov 19, 2008 9:10pm Nov 19, 2008 9:10pm
Oan4fx, can i have the timer indicator mq4 file ? because i wish to code it in EA but i cannot confirm the exact value of the Timer indicator. Thanks.
Regards,
Yast77
Beginner of MQL programming
  • #1,044
  • Nov 19, 2008 9:13pm Nov 19, 2008 9:13pm
Quoting dimitrius
FXSniffer, thanks for your feedback. I do think I need to highlight though that some of us have been trading for many years, and are on a quest for more knowledge, which is why we ask the questions we do about the new systems that are posted here.

The last system, we were told by Oan that we must all use it as it works best. We're trying to improve.

I have been trading stocks and index futures for many years, and I am new to forex, but not a newbie asking to be spoonfed. I have been testing forex systems to find what suits me for over a year...
can you provide me with the trades detalis that you lost .
i want to know what went wrong to help you out my good friend .
my regards.
oan.
  • #1,045
  • Nov 19, 2008 9:52pm Nov 19, 2008 9:52pm
For some reason i am having problem loading the timing indicator. I click and drag the indicator from the indicator fold over the candle average indi then my mt4 crashes. Does anyone know what could i be doing wrong ?
  • #1,046
  • Nov 19, 2008 10:02pm Nov 19, 2008 10:02pm
Quoting FX.Sniffer
Hi my friend,

Once again..I was just giving an advice to all, and didn't specify anyone.
Have a nice day and all the best with your trades.

Cheers,
ok, no problem then.
  • #1,047
  • Nov 19, 2008 10:40pm Nov 19, 2008 10:40pm
To clear my self again...Oanfx is trying to reach the optimum of this system and he's on his way in succeeding, but it doesn't necessarily to works out for us the same way it's working with him. All the people who modified the system knew how to adapt to it by adding, removing and modifying.

So, the best way is to take the concept and adjust it in our own way. Oanfx didn't reach this level without a teamwork as he stated before. So, for sure any contribution in developing the system is highly required and appreciated.

As for me, whenever I reach a solid ground with this system, I'll immediately share it with all of you. I'm usually trading the classical way, but this system caught my attention and it has a good potential in it as it worked so fine now a days, and I hope it doesn't die as other systems died before.

Thanks & happy pips,
Sniffing Snake's Tracks...
  • #1,048
  • Nov 20, 2008 12:20am Nov 20, 2008 12:20am
I am scalping with this system on 1min and its work like charm... i will post some screenshots
  • #1,049
  • Nov 20, 2008 12:56am Nov 20, 2008 12:56am
Sure would appreciate that, along with your rules (and what template used). Thanks.
  • #1,050
  • Edited 1:04am Nov 20, 2008 12:57am | Edited 1:04am
Quoting hmpargi
I am scalping with this system on 1min and its work like charm... i will post some screenshots

I am also using the Obama to scalp on the 1 min chart and having succes already.

I have attached a chart and someone can tell me if my entry was correct. I was stopped out of this trade at BE.

Thanks again Oan.


Jeremy
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 40 KB
Things you should know.
  • #1,051
  • Nov 20, 2008 1:26am Nov 20, 2008 1:26am
I THINK your entry was correct - although my candle average never got to .81 (prob. due to different data FXDD)
  • #1,052
  • Nov 20, 2008 1:40am Nov 20, 2008 1:40am
I'm trying to merge the settings of the COG indicators of 2 templates into one, first tmplt is the godfather which i still think its good for 4hr and up and second tmplt is leon for 1hr to 1m.
I think leon and omama COG settings are same.

Is there any limit for number of indicators attached on one chart in MT4. ?
It's not allowing me to add more indicators to satisfy the merge between the 2 tmplts
Oan, can you please help providing one template to satisfy what i explained ?
Anyone has a suggestion please...
  • #1,053
  • Nov 20, 2008 3:17am Nov 20, 2008 3:17am
Quoting oan4fx
this is the new system please all use this .
it is the best out there .
my regards.
oan.

Many Thanks Oan,

I will test the latest system. God bless you!
Time Is Money
  • #1,054
  • Nov 20, 2008 3:20am Nov 20, 2008 3:20am
Quoting dimitrius
Oan, is this a valid long entry on your new Obama system?
Well, I took this long on the eurgbp, at a huge 6 lots, (huge for me), and my account went up from just over $7400 to $13,466 in a few hours. This was WAY over my comfort zone, and I don't think I would ever do it on a live account.
But as George Soros said to his protege when he was in a winning trade with a small $billion dollar trade, "YOU CALL THAT A TRADE!!??"
  • #1,055
  • Nov 20, 2008 3:59am Nov 20, 2008 3:59am
I am gest curios because all my trade ar wining trades and when I lose is my fault because I did not enter on a valid signat or I was not patient alowing the market to came on my way.



My question is : Did you all had some lossing trade as long I you falow the rulles?


PS: Oan you must be a mad man to deliver this to us, this is the best system for scalping no mistake




PS2: I like the 3 z semafor because it never loos and fibonacci because helps me on my SL and TP, I thik that a perfect system well be obama+3 semafor+fibonacci...

PS: I never place SL for this system .....NEVER !
  • #1,056
  • Nov 20, 2008 5:25am Nov 20, 2008 5:25am
Quoting Dance981
PS: I never place SL for this system .....NEVER !
Be careful
  • #1,057
  • Nov 20, 2008 5:33am Nov 20, 2008 5:33am
Quoting Dance981
I am gest curios because all my trade ar wining trades and when I lose is my fault because I did not enter on a valid signat or I was not patient alowing the market to came on my way.



My question is...

Maybe i have lost my way, but what rules are you adhering to to enter your trades? i had some big losses too yesterday
  • #1,058
  • Nov 20, 2008 5:34am Nov 20, 2008 5:34am
Quoting Dance981
I am gest curios because all my trade ar wining trades and when I lose is my fault because I did not enter on a valid signat or I was not patient alowing the market to came on my way.



My question is...
How do you use the 3 z semafor? i don't have experience with that indi
  • #1,059
  • Nov 20, 2008 5:37am Nov 20, 2008 5:37am
Quoting trendspider
Be careful
I never lose
  • #1,060
  • Nov 20, 2008 5:40am Nov 20, 2008 5:40am
Quoting QSGra
Maybe i have lost my way, but what rules are you adhering to to enter your trades? i had some big losses too yesterday


I use the godfather template for signals, the simple template for the fibonacci levels and I take about 15-25 pips per trade. I trade GBP/JPY in London time on the 1M TF.
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