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My own developed benkyalate system

  • #2,001
  • Feb 23, 2009 7:50am Feb 23, 2009 7:50am
Hey everyone ive been using the temdeadsoul template on the 5 Min chart ONLY on the eur/usd and gbp/usd pairs for about a month and i haven't lost a trade yet. I trade from 8 AM-12PM EST. If anyone wants to check it out here the template
Attached File(s)
File Type: tpl temdeadsoul.tpl   8 KB | 913 downloads
  • #2,002
  • Feb 23, 2009 12:05pm Feb 23, 2009 12:05pm
this strategy is the best that i ever used before Hicham New York HERE !!!
Attached Image (click to enlarge)
Click to Enlarge Name: veryhotone.gif Size: 48 KB
  • #2,003
  • Feb 23, 2009 12:42pm Feb 23, 2009 12:42pm
i tried that trial system this morning during the london session. i bought at the solid lines like it told me too and i lost $300 and the price still hasnt retraced back to the point that i bought from. So then i used the temdeadsoul template and made $200 back leaving me with a loss of $100. I was using it on the 5 minute chart, but i dont think it matters because that system is made for all TF's. I'll still give that system another chance tho, i wanna hear what other people think of it.
  • #2,004
  • Feb 24, 2009 3:03am Feb 24, 2009 3:03am
Quoting ashur123
I was using it on the 5 minute chart, but i dont think it matters because that system is made for all TF's. I'll still give that system another chance tho, i wanna hear what other people think of it.
Hi Ashur;

From my experience the best performance is on 4h chart. You can use it on 1h too. In general i think it works best on higher timeframes regardless that it is made for all tfs. My very first trial on it i made $1600 overnight. Still i would like to hear of more trials by more people as i am a PA trader not a sys trader so i am not using it on daily basis.

Thanks Ashur for you feedback;

Seb
  • #2,005
  • Feb 24, 2009 4:19am Feb 24, 2009 4:19am
Quoting ashur123
Hey everyone ive been using the temdeadsoul template on the 5 Min chart ONLY on the eur/usd and gbp/usd pairs for about a month and i haven't lost a trade yet. I trade from 8 AM-12PM EST. If anyone wants to check it out here the template
What are the rules of the Jim and ABHA indicators?
  • #2,006
  • Feb 24, 2009 8:32am Feb 24, 2009 8:32am
Quoting dimitrius
What are the rules of the Jim and ABHA indicators?
I dont use those indicators, i just remove them, because they repaint like crazy.
  • #2,007
  • Feb 24, 2009 8:34am Feb 24, 2009 8:34am
Quoting seboileroom
Hi Ashur;

From my experience the best performance is on 4h chart. You can use it on 1h too. In general i think it works best on higher timeframes regardless that it is made for all tfs. My very first trial on it i made $1600 overnight. Still i would like to hear of more trials by more people as i am a PA trader not a sys trader so i am not using it on daily basis.

Thanks Ashur for you feedback;

Seb
how do you trade using the 4 hr TF, do you just buy and sell from the solid lines and in the direction of the COG?
  • #2,008
  • Feb 24, 2009 6:19pm Feb 24, 2009 6:19pm
Quoting ashur123
how do you trade using the 4 hr TF, do you just buy and sell from the solid lines and in the direction of the COG?

thats all u have on ur chart right, ashur? just the cog chart? (a screenshot of your chart would be great)


u said u dont use a sl... so u dont close any position in the negative... this means you dont close the trade if cog bands start to change direction?
  • #2,009
  • Feb 24, 2009 10:19pm Feb 24, 2009 10:19pm
Quoting noskool319
thats all u have on ur chart right, ashur? just the cog chart? (a screenshot of your chart would be great)


u said u dont use a sl... so u dont close any position in the negative... this means you dont close the trade if cog bands start to change direction?
I usually close the trade if the cog bands change direction.

and to who ever is interested, i found an indicator that i use on my chart, i got it off of forex-strategies-revealed, if anyone wants to check it out. its called sweet spots.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.JPG Size: 139 KB
Attached File(s)
File Type: mq4 SweetSpots.mq4   4 KB | 881 downloads
  • #2,010
  • Feb 24, 2009 10:23pm Feb 24, 2009 10:23pm
damn mahmed amer timing indicator isnt showing up on my charts...


can someone plz post a working one?
  • #2,011
  • Feb 25, 2009 4:58am Feb 25, 2009 4:58am
Quoting noskool319
damn mahmed amer timing indicator isnt showing up on my charts...


can someone plz post a working one?
Is the mahmed timer supposed to be on that template. also what is the trigger for a buy or sell. i know you only take trades with the direction of the cogs.
  • #2,012
  • Feb 25, 2009 6:10am Feb 25, 2009 6:10am
Quoting noskool319
damn mahmed amer timing indicator isnt showing up on my charts...
can someone plz post a working one?
I checked all copies I have - & NONE of my Mahmoud Amer-Timing indicators work anymore...what's up with that?
  • #2,013
  • Feb 25, 2009 6:57am Feb 25, 2009 6:57am
you guys probably didnt put the .dll file in your library folder in metatrader. Here, i'll attach the version i have and just put the .ex4 files into the indicators folder and the .dll into the libraries folder in experts
  • #2,014
  • Feb 25, 2009 7:03am Feb 25, 2009 7:03am
well i just realized that it wont let me send the .dll file or my entire zipped folder for some reason so if anyone wants it i'll email it to them
Attached File(s)
File Type: ex4 CMO.ex4   2 KB | 986 downloads
File Type: ex4 Mahmoud Amer -Timing MNEW.ex4   16 KB | 1,181 downloads
File Type: ex4 MAmer_T1.ex4   3 KB | 1,012 downloads
File Type: ex4 MAmer_T2.ex4   3 KB | 1,055 downloads
  • #2,015
  • Feb 25, 2009 7:57am Feb 25, 2009 7:57am
Quoting ashur123
you guys probably didnt put the .dll file in your library folder in metatrader. Here, i'll attach the version i have and just put the .ex4 files into the indicators folder and the .dll into the libraries folder in experts
that maybe it- I installed New download of trading software, deleted old... dll was prob in old.

What is the NAME of the .dll ?
I may find a copy on my comp.
  • #2,016
  • Feb 25, 2009 8:44am Feb 25, 2009 8:44am
Quoting ttradr
that maybe it- I installed New download of trading software, deleted old... dll was prob in old.

What is the NAME of the .dll ?
I may find a copy on my comp.
its called newpro1501.dll let me know if you want it emailed
  • #2,017
  • Feb 25, 2009 9:31am Feb 25, 2009 9:31am
I have attached 2 pictures, one of a trade in gbp/usd and one of eur/usd. The eur/usd has repainted so it might not make that much sense , but just look at the gbp/usd to try and figure it out. The sweetspot levels are basically entry points, and take profit points, they kind of help minimize drawdowns in a way. Non the less, check it out and let me know.

Oh and by the way I only trade 8am-12pm EST, or 13:00-17:00 on metatrader(i'm not sure what time zone it is and if everyones metatrader is the same)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: sweetspotsinuse.JPG Size: 204 KB
Click to Enlarge Name: sweetspotsinuse2.JPG Size: 229 KB
  • #2,018
  • Feb 25, 2009 9:32am Feb 25, 2009 9:32am
Hey.

What program do you use? And if you can type litle tutorial which indicators do you use and how to install them.

Thank you!

edit: so metatrader is ok, cool, but which indicators so you use and how to install tehm into platform?
  • #2,019
  • Feb 25, 2009 2:33pm Feb 25, 2009 2:33pm
ok guys i figured it out. once u have the indicators, load em up on the chart... make sure ALLOW DLL IMPORTS are allowed! this is why they showed up blank before.

btw ashur, what cog lines u recommend getting in on? green, dotted blue, or red?
  • #2,020
  • Feb 25, 2009 4:28pm Feb 25, 2009 4:28pm
i used to follow your money management plan that you made on the oan site, and i use to split them evenly at each lines, so if it was 30 000 units that i had to buy/sell that day, i would buy/sell 10 000 at each line, but that didnt get me that far because the drawdowns would be big with all the repainting, so now i use the sweetspots indicator and if the cog bands are pointing down, and the price crosses the middle cog line, i wait for it to hit the first sweet spot level after the middle line, and i sell according to the money management plan, distrubuting my money evenly... you can refer to the pictures to see what i mean about buying/selling at the the levels, when it crosses above or below the middle cog line..
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