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My own developed benkyalate system

  • #1,061
  • Nov 20, 2008 5:42am Nov 20, 2008 5:42am
Quoting robkaq2
How do you use the 3 z semafor? i don't have experience with that indi

I am intrested in this indicator to can someune help us to lern how to include that in obama system ......Please!
  • #1,062
  • Nov 20, 2008 5:58am Nov 20, 2008 5:58am
Quoting dimitrius
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!!??"
sup guys, remember what i said about believing in yourself?

the trade went my way. all the losing positions turned into winning positions. some of the positions i have already closed due to my stop loss. but right now, im up 10k i will probably make more if i follow my exit strategy.

edit: trade entered using godfather template on 4 hour chart. currently using obama chart. will exit based on signals from obama chart. most of my trades were entered around 2 days ago. happy learning


see pic
http://img103.imagevenue.com/loc786/..._122_786lo.JPG
  • #1,063
  • Nov 20, 2008 6:15am Nov 20, 2008 6:15am
Quoting Dance981

PS: I never place SL for this system .....NEVER !
Same here but on demo only.

Alright, I combined the indicators and methods of Oanfx, Paulus, Adros84, & (Tarek, & Cobra100 "from the arabic forum"), and applied it on the 15min TF and it's still under evaluation, but here is my own exit signals on the attached chart as I added the ADX to the combination.

First exit signal: when the colored stochastic crosses the -0.8 level and/or change from color red to black.

Second exit signal: when the red (-DI) on the ADX crosses the green (+DI).

You can see also my entry signal on the chart but I'm not going to explain it as it's still under study.

Thanks to Oanfx and the other guys mentioned above.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD15m.png Size: 61 KB
Sniffing Snake's Tracks...
  • #1,064
  • Nov 20, 2008 6:16am Nov 20, 2008 6:16am
Is it just my charts or does the new Timer indicator's base move up and down the scale of the chart???
Things you should know.
  • #1,065
  • Nov 20, 2008 6:18am Nov 20, 2008 6:18am
Quoting thelws
sup guys, remember what i said about believing in yourself?

the trade went my way. all the losing positions turned into winning positions. some of the positions i have already closed due to my stop loss. but right now, im up 10k i will probably make more if i follow my exit strategy.

edit: trade entered using godfather template on 4 hour chart. currently using obama chart. will exit based on signals from obama chart....




I see that you like to 3 z semafor on that template, Oan please put that indi into obama template and the fibo please
  • #1,066
  • Nov 20, 2008 6:18am Nov 20, 2008 6:18am
Quoting FX.Sniffer
Same here but on demo only.

Alright, I combined the indicators and methods of Oanfx, Paulus, Adros84, & (Tarek, & Cobra100 "from the arabic forum"), and applied it on the 15min TF and it's still under evaluation, but here is my own exit signals on the attached chart as I added the ADX to the combination.

First exit signal: when the colored stochastic crosses the -0.8 level and/or change from color red to black....
Dude that is a very busy looking chart. All the best if it works though.

Jeremy
Things you should know.
  • #1,067
  • Nov 20, 2008 6:28am Nov 20, 2008 6:28am
P.S. The 1st TP gave me 150pips and the 2nd TP gave 250pips. I'm not so greedy in the time being. However, I never use a mechanical system for time frames larger than 1 hour, and it doesn't mean that this system is not valid on the 4H TF.

Happy day to all.
Sniffing Snake's Tracks...
  • #1,068
  • Nov 20, 2008 6:31am Nov 20, 2008 6:31am
Quoting jeremyw
Dude that is a very busy looking chart. All the best if it works though.

Jeremy
Thanks, and sure I'll remove some as soon as I confirm which to keep.

Cheers,
Sniffing Snake's Tracks...
  • #1,069
  • Nov 20, 2008 6:53am Nov 20, 2008 6:53am
Quoting Dance981
I am intrested in this indicator to can someune help us to lern how to include that in obama system ......Please!
Use this template...
Attached File(s)
File Type: tpl obama.tpl   11 KB | 779 downloads
  • #1,070
  • Nov 20, 2008 6:58am Nov 20, 2008 6:58am
Quoting Dance981
I see that you like to 3 z semafor on that template, Oan please put that indi into obama template and the fibo please
no particular likes or dislikes. i was just testing every aspect of the system. so happens that i started the trade with godfather template. soon after oan released the obama template and i decided to test it out.

so ill probably be using the obama template to do trades for a while and if it works out well ill start using this template over godfather.
  • #1,071
  • Nov 20, 2008 7:10am Nov 20, 2008 7:10am
Quoting shiva
Use this template...



ThX This is the ultimate template of trading
  • #1,072
  • Nov 20, 2008 7:12am Nov 20, 2008 7:12am
Quoting Dance981
ThX This is the ultimate template of trading
LOL, can you show us with a screen shot how you trade this please?
  • #1,073
  • Nov 20, 2008 7:19am Nov 20, 2008 7:19am
Quoting shiva
LOL, can you show us with a screen shot how you trade this please?


I have a problem whit my Photo upload but I made this, Is your Obama + Fibs
Attached File(s)
File Type: tpl ultimatetemplate.tpl   13 KB | 690 downloads
  • #1,074
  • Nov 20, 2008 7:31am Nov 20, 2008 7:31am
Quoting Dance981
I have a problem whit my Photo upload but I made this, Is your Obama + Fibs
Dance i am not able to send you PM

"Dance981 has chosen not to receive private messages or may not be allowed to receive private messages"
  • #1,075
  • Nov 20, 2008 7:36am Nov 20, 2008 7:36am
hi!
As we can filter a bad sign?
For example when the price touches the yellow line and we have a possible purchase, but begins to lose more and the COG is going down?
  • #1,076
  • Nov 20, 2008 7:39am Nov 20, 2008 7:39am
Quoting shiva
Dance i am not able to send you PM

"Dance981 has chosen not to receive private messages or may not be allowed to receive private messages"






Sent me now please
  • #1,077
  • Nov 20, 2008 8:06am Nov 20, 2008 8:06am
Quoting Dance981
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.

so are you buying and selling at the extreme solid line? but waiting until the next bar to trade?
  • #1,078
  • Nov 20, 2008 8:09am Nov 20, 2008 8:09am
Did any one notice that the best results happens during the American market hours? Specially for the 15min trading?
Sniffing Snake's Tracks...
  • #1,079
  • Nov 20, 2008 8:19am Nov 20, 2008 8:19am
Quoting QSGra
so are you buying and selling at the extreme solid line? but waiting until the next bar to trade?


I don't whait for candle to close, I only enter a trade when 3z semafor shows me that. I am carefull at fibo level ....



I place a traling stop at the blue line on the midle and that is it
  • #1,080
  • Nov 20, 2008 8:21am Nov 20, 2008 8:21am
Quoting FX.Sniffer
Did any one notice that the best results happens during the American market hours? Specially for the 15min trading?



I personaly trade 2 h/day, first 2 h from London ....
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