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My own developed benkyalate system

  • #2,041
  • Mar 5, 2009 10:47pm Mar 5, 2009 10:47pm
Quoting ashur123
for the mahmood amir timer, i usually sell at either line that appears first, sometimes the lower one will appear and sometimes the higher one,to be honest mahmood amir timer only works sometimes, if your strictly following that as an indicator, your gunna miss out on a lot of trades so dont be afraid to bend the rules a little. and about the opening positions questions, i use to open positions at every line. but they repaint like crazy, so i got fed up with that, and now i just use the sweetspots lines instead and its working great!
hi ashur123
I am very curious what is the sweetspots? i have two(2) mahmoud amer timer and only one repaint if you need a copy of the other one i can give that to you.
  • #2,042
  • Mar 5, 2009 11:04pm Mar 5, 2009 11:04pm
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?
How does the sweetspot indicator works?
  • #2,043
  • Mar 6, 2009 12:09am Mar 6, 2009 12:09am
hey guys... just thought i'd share this tidbit of info with u all...


my original STRATEGY with the paulus tpl, was amazing. i tested it out for a month and the results were great. then i after going live, i was wondering why i was having more and more losses.


heres what i noticed: EVERY loss I had was due to the price suddenly sky rocketing against my position. I got in on this position as it sky rocketed to my entry level with just 1 or 2 candles. these were the trades that ended up losers for me, or barely touched my SL, and came back down eventually. Usually hitting my SL tho

So i advise EVERYONE using any COG lines on M1: dont get in a position based on the price action of 1 or 2 candles. use common sense, most likely if you see a rise of around 10 or more pips per candle on the M1 chart, thats a very unstable and risky time to enter. especially on eurusd. good luck to all.


-ja$on
  • #2,044
  • Mar 6, 2009 12:25pm Mar 6, 2009 12:25pm
Quoting Rucks
hi ashur123
I am very curious what is the sweetspots? i have two(2) mahmoud amer timer and only one repaint if you need a copy of the other one i can give that to you.
Hi rucks, i use the sweet spot indicator to enter trades off of rather than using the cog lines, because the cog lines repaint like crazy, so i just buy or sell when the price reaches the closest sweet spot level near the dotted blue line and the red line.

Look at the picture to get a better idea.
Attached Image (click to enlarge)
Click to Enlarge Name: sweetspots.JPG Size: 234 KB
  • #2,045
  • Mar 6, 2009 9:51pm Mar 6, 2009 9:51pm
Quoting ashur123
Hi rucks, i use the sweet spot indicator to enter trades off of rather than using the cog lines, because the cog lines repaint like crazy, so i just buy or sell when the price reaches the closest sweet spot level near the dotted blue line and the red line.

Look at the picture to get a better idea.
how successful are you using this on 5 minutes timeframe?
  • #2,046
  • Mar 10, 2009 10:12am Mar 10, 2009 10:12am
Quoting ashur123
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
Please send the dll to my e-mail address [email protected]

Thank You in advance.
  • #2,047
  • Mar 10, 2009 10:46am Mar 10, 2009 10:46am
Quoting ashur123
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.

Thanks for the nice Sweet Spot system.
I loaded the template from forex-strategy-revealed.

But my chart looks like this way.

Could you post your current template ?

pjo
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-03-11_004312SweetSpot.jpg Size: 515 KB
  • #2,048
  • Mar 10, 2009 10:52am Mar 10, 2009 10:52am
Please advise any link on the explanation of input parameters for COG Indy.

Thanks in advance.

pjo
  • #2,049
  • Mar 11, 2009 12:43am Mar 11, 2009 12:43am
Quoting pjo
Thanks for the nice Sweet Spot system.
I loaded the template from forex-strategy-revealed.

But my chart looks like this way.

Could you post your current template ?

pjo
You need to go to the sweetspots indicators properties and change the sublevels number from 25 to 250. then your charts going to look more like the one i posted.
  • #2,050
  • Mar 11, 2009 3:46am Mar 11, 2009 3:46am
Quoting ashur123
You need to go to the sweetspots indicators properties and change the sublevels number from 25 to 250. then your charts going to look more like the one i posted.
ashur123, Thanks for the tip. It worked.

pjo
  • #2,051
  • Mar 11, 2009 11:15pm Mar 11, 2009 11:15pm
Quoting forexgate
this strategy is the best that i ever used before Hicham New York HERE !!!
hello forexgate,
Can i have a copy of the indicator you have on the very bottom of your chart?
  • #2,052
  • Mar 13, 2009 5:36am Mar 13, 2009 5:36am
Quoting TomLeeChan
240, 4, 0, 1.0, 500

But now I use deadsoul's system. It seems very good.
thx will you explain about the system
  • #2,053
  • Mar 13, 2009 5:41am Mar 13, 2009 5:41am
Quoting ashur123
Hi rucks, i use the sweet spot indicator to enter trades off of rather than using the cog lines, because the cog lines repaint like crazy, so i just buy or sell when the price reaches the closest sweet spot level near the dotted blue line and the red line.

Look at the picture to get a better idea.
will you please post the indi ??thnx
  • #2,054
  • Mar 13, 2009 9:00pm Mar 13, 2009 9:00pm
Quoting ashur123
You need to go to the sweetspots indicators properties and change the sublevels number from 25 to 250. then your charts going to look more like the one i posted.
Hi,

Sweet spot looks sweet!! Why 250, do you change this number for different pairs? Where can I get more info on the sweetspot.

Duane
  • #2,055
  • Mar 14, 2009 7:04pm Mar 14, 2009 7:04pm
Quoting ddam3
Hi,

Sweet spot looks sweet!! Why 250, do you change this number for different pairs? Where can I get more info on the sweetspot.

Duane

http://forex-strategies-revealed.com...ter-of-gravity

This may help.
  • #2,056
  • Mar 16, 2009 8:58pm Mar 16, 2009 8:58pm
Quoting avi
will you please post the indi ??thnx
hey sorry guys I've been working on another strategy lately so i haven't had time to look and see whats going on here. I will post the indicator again if you need it.
Attached File(s)
File Type: mq4 SweetSpots.mq4   4 KB | 726 downloads
  • #2,057
  • Mar 16, 2009 9:01pm Mar 16, 2009 9:01pm
Quoting ddam3
Hi,

Sweet spot looks sweet!! Why 250, do you change this number for different pairs? Where can I get more info on the sweetspot.

Duane
Hey ddam3 if your still wondering why some people change 25 to 250 is because some platforms deal with 5 digit numbers which requires bigger spacing and some deal with 4 digit numbers which require smaller spacing. Hope that helps.
  • #2,058
  • Mar 17, 2009 10:15am Mar 17, 2009 10:15am
Ashur,

Thanks for your sharing. I am practicing your method and it looks very promising. I am also looking at others work since it is based on the same principles. I would like to know if you haved tried Paulus indicators he is using for his 1 min timeframe. I would say that it seems to add to probabilities (see left frame on pic).

Also, sometimes I have a hard time to decide if I should enter a trade when the COG is heading to a flat zone (see left frame). I took the trade on the left frame, but I was hesitating. What do you think? There I applied Paulus indys and that helped me to decide.

On the right frame, COGs were showing a turnover up with the center COG right in the middle of a pivot line (see arrow). Do you think it's a right time to enter? It seems a bit early as the trend is barely confirmed at this stage, I think.

Thanks again for your work.

Chamane
Attached Image (click to enlarge)
Click to Enlarge Name: example.gif Size: 97 KB
  • #2,059
  • Mar 17, 2009 5:13pm Mar 17, 2009 5:13pm
Quoting chamane
Ashur,

Thanks for your sharing. I am practicing your method and it looks very promising. I am also looking at others work since it is based on the same principles. I would like to know if you haved tried Paulus indicators he is using for his 1 min timeframe. I would say that it seems to add to probabilities (see left frame on pic).

Also, sometimes I have a hard time to decide if I should enter a trade when the COG is heading to a flat zone (see left frame). I took the trade on the left frame, but I was hesitating. What do you think? There I applied...
Hey Chamane, which one of Paulus' templates are you using if you don't mind posting it up please. I think I want to give it a shot with sweet spots on 5 min TF. We'll try it out for a bit and see which works better. As for your question about flat zones, i remember Oan saying in one of the posts something about trying to stay out of them and not trade when its completely flat. Also he said to look at the 4 hr TF and only take trades according to the trend. so if its an uptrend just buy, downtrend just sell for maximum profit. Everyone's got their own ways though.

Ashur
  • #2,060
  • Mar 17, 2009 5:40pm Mar 17, 2009 5:40pm
Quoting ashur123
Hey Chamane, which one of Paulus' templates are you using if you don't mind posting it up please. I think I want to give it a shot with sweet spots on...
Thanks. I am using Paulus' My Oan.tpl for 1 min. On the 5min chart, I simply used your template (from Strategy Revealed) and added Super Signal and Candle Average indicators). I enclosed the modified 5 min template.

Chamane
Attached File(s)
File Type: tpl ashur_modified.tpl   36 KB | 645 downloads
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