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My own developed benkyalate system

  • #1,481
  • Dec 5, 2008 1:26pm Dec 5, 2008 1:26pm
Quoting robkaq2
Maybe i misunderstood entry signals, but these trade went against me and signal disappeared.

http://mark.webenlet.hu/temp/deadsoul.jpg
eventually it will back to your side but you have to wait till closed candle on the alert candle and open position
beginning of next candle and to be sure the signal will not disappears..i hope you got it..just take your time on demo and play around you will see the truth shining between your eyes and you can use what ever indicator you trust to insure your right entry...
timing is every thing>>
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  • #1,482
  • Dec 5, 2008 2:22pm Dec 5, 2008 2:22pm
Quoting Fx_Pipin
The new Orabi TPL
Made over 150 pips ! I could've made more if i havent use a trailing stop.
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  • #1,483
  • Dec 5, 2008 3:12pm Dec 5, 2008 3:12pm
Quoting Fx_Pipin
Made over 150 pips ! I could've made more if i havent use a trailing stop.

great Fx..you are on the right way regardless of what template you are using its the system spirit which makes the deference ..keep going the right way...enjoy the control of time where is the deal will be successful with your eyes closed.
  • #1,484
  • Dec 5, 2008 3:14pm Dec 5, 2008 3:14pm
Quoting deadsoul
eventually it will back to your side but you have to wait till closed candle on the alert candle and open position
beginning of next candle and to be sure the signal will not disappears..i hope you got it..just take your time on demo and play around you will see the truth shining between your eyes and you can use what ever indicator you trust to insure your right entry...
[size=5][color=red]timing...
Hi,

Can you please share the indicator that gives you the direction of other time frames, as mentioned in your graph, you have the month, week, 4h,1h...directions. Can you also please share how you use it in your trading?

Thanks in advance,
  • #1,485
  • Dec 5, 2008 3:20pm Dec 5, 2008 3:20pm
Quoting FX.Sniffer
Hi Rok,
Use the attached indicator to confirm the entry.

Ciao
Hi,

How do you use your indicator to confirm the entry?

Cheers,
  • #1,486
  • Dec 5, 2008 3:38pm Dec 5, 2008 3:38pm
Quoting way2Freedom
Hi,

Can you please share the indicator that gives you the direction of other time frames, as mentioned in your graph, you have the month, week, 4h,1h...directions. Can you also please share how you use it in your trading?

Thanks in advance,
sure..here you go..i just use it to be sure that at least three time frames Less the one i work on are agree..instead of looking at them in separate charts they are always in front of you in the same chart..
Attached File(s)
File Type: mq4 TrackTrend_MACD_Color.mq4   19 KB | 1,210 downloads
  • #1,487
  • Dec 5, 2008 4:06pm Dec 5, 2008 4:06pm
Quoting deadsoul
sure..here you go..i just use it to be sure that at least three time frames Less the one i work on are agree..instead of looking at them in separate charts they are always in front of you in the same chart..
Thanks for sharing the indicator. So you mean, if I trade 4H and there is long entry, I have to make sure that 1H, 30M,15M are all UP before making my move, right?

Cheers,
  • #1,488
  • Dec 5, 2008 4:09pm Dec 5, 2008 4:09pm
Quoting way2Freedom
Thanks for sharing the indicator. So you mean, if I trade 4H and there is long entry, I have to make sure that 1H, 30M,15M are all UP before making my move, right?

Cheers,
yes most of time you have to glans to be more sure where things are going
  • #1,489
  • Dec 5, 2008 6:09pm Dec 5, 2008 6:09pm
Quoting deadsoul

regardless of what template you are using its the system spirit which makes the deference ..keep going the right way...enjoy the control of time


Salam Brother,

Nice to see you in here DS
The system reminds me of the "The Secret" if any one watched the DVD or read the book.

Guys, don't forget your major indicators which are your eyes & guts. Better to keep all the previous modified systems from Oan and others, because you'll need it for different market conditions and play the winner.
Trust in your self and never let your guard down.

Way2freedom,
Did you take a look at the indicator?! Simply use the red/green colors to confirm your entry or exit.

Happy pips to all..the below is from my demo, and my personal account is another story BTW.. Way2Freedom, I didn't wait for FX Fish to confirm most of my profitable positions.
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Sniffing Snake's Tracks...
  • #1,490
  • Dec 5, 2008 6:59pm Dec 5, 2008 6:59pm
Pretty impressive results FXS. I have all the different templates loaded and have been trying to decide which one or ones to stick with. I think a version of Orabi may be what I stick with. I have added BB's just for my own visual aid. When the HA leaves the rising or descending band it is time for me to bail on the trade. Sometimes I reenter if it continues. I also am trying to use the ea but I have to shut it off when price is nearing the turn around point or it will still keep going in the same direction. Does anyone else have this problem with the ea? Other than that, the ea is excellent.
Kind regards.....
  • #1,491
  • Dec 5, 2008 7:17pm Dec 5, 2008 7:17pm
Quoting FX.Sniffer
Salam Brother,

Nice to see you in here DS
The system reminds me of the "The Secret" if any one watched the DVD or read the book.

Guys, don't forget your major indicators which are your eyes & guts. Better to keep all the previous modified systems from Oan and others, because you'll need it for different market conditions and play the winner.
[i][b][color=royalblue]Trust in your self...
Salam FX Sniffer,

I checked out he indicator and the colors are pretty similar to the ZZ indicator.

I have seen your outstanding results. How do you handle your stop loss, as based the original stops they seem to be fixed number of pips. Can you please share what are your stopp loss rules?

Cheers,
  • #1,492
  • Dec 5, 2008 11:18pm Dec 5, 2008 11:18pm
Quoting vincentlim
Hi,

You can try this method. I am using the godfather2 template.
You still have to strictly follow the rule cause things may turn ugly.

When the price fall into the green or red dotted line. (if it is trending strongly in one particular direction. If it is oscillates or sideways. i wait for the 3 candleaverage condition). I buy/sell a mini lot of 0.05. If it fall/rise up another 50pips. I buy/sell another mini lot at 0.05.
If it now fall/rise up another 40 pips. I but/sell another mini lot at 0.1. Vice versa after another 40pips fall/rise....
Hi all,

Just another update. I had a down drawn of $500 even with my small matingale. But the outcome is always turn into profit later. I notice i always
had this encounter during friday but it always turn out in my favour. What you guys drawndown for this strategy?

I need to think of abother methods of money management. not that this existing one is not good. I still want to optimize with a lower drawndown before it turn into a profit. Anyone got better suggestions, pls suggest a better money management for such strategy.

I thought of closing the small lots after -50pips. And then double that lots. After another -40pips. Closed half the previous lots and double based on previous lots.

Attached is my friday trade
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  • #1,493
  • Dec 6, 2008 12:39am Dec 6, 2008 12:39am
http://www.forexfactory.com/attachme...1&d=1228439988

nice templete .... where i can get thiz templete and indicator?

tq
  • #1,494
  • Dec 6, 2008 5:21am Dec 6, 2008 5:21am
Quoting sigit4ever
http://www.forexfactory.com/attachme...1&d=1228439988

nice templete .... where i can get thiz templete and indicator?

tq

here you go...
http://www.forexfactory.com/showpost...postcount=1429
  • #1,495
  • Edited 6:46am Dec 6, 2008 6:03am | Edited 6:46am
Quoting Fx_Pipin
The new Orabi TPL
Very simple and elegant FX_Pippin. The adjusted colors are easy to view. Is the lower double line a stochastic?
  • #1,496
  • Dec 6, 2008 6:14am Dec 6, 2008 6:14am
Deadsoul, great template and just by looking at it, looks extremely promising. I have a couple of questions though as I just came across your post.


1) Do you wait for (3) to appear before taking a trade or do you basically just follow the ZZ window indicator and follow the green red lines.

2) How do you determine stop loss and take profit levels?

Again, this system looks extremely promising. Happy pipping!
  • #1,497
  • Dec 6, 2008 7:28am Dec 6, 2008 7:28am
Quoting deadsoul
sure..here you go..i just use it to be sure that at least three time frames Less the one i work on are agree..instead of looking at them in separate charts they are always in front of you in the same chart..
Sorry Mate!

I didn't remember wait for candle close. I checked those trades and are in +72 and and +24.

Again thank you for sharing!
  • #1,498
  • Dec 6, 2008 7:47am Dec 6, 2008 7:47am
Guys what is the most suitable template for 5m GBPJPY.
  • #1,499
  • Dec 6, 2008 9:18am Dec 6, 2008 9:18am
Hi folks..this is my first post on here but i followed this 3ad since it started. I gotta say at some points it was a bit messy with so many templates and different indicators i almost got headache (lol). Now i guess i got my way to make it working for me but still in progress...lets see...anyway many thanks to Oan and everyone else sharing their charts..comments will be truly appreciated.

Crix
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  • #1,500
  • Dec 6, 2008 9:46am Dec 6, 2008 9:46am
Quoting Pipologist99
Deadsoul, great template and just by looking at it, looks extremely promising. I have a couple of questions though as I just came across your post.


1) Do you wait for (3) to appear before taking a trade or do you basically just follow the ZZ window indicator and follow the green red lines.

2) How do you determine stop loss and take profit levels?

Again, this system looks extremely promising. Happy pipping!
well..number three is just an extra visual sign for price might reverse ...
but when you have the zz window and ABHA timing indicator signs while the price is touching the doted lines then i wait for the close of that candle ..
at this time the conditions are so perfect to enter even if the price gos high a Little but it always come back toward you...
for stop loose and take profit i recommend 50 /50 which is fair enough i think..
SEE THE PICTURE;
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