My own developed benkyalate system

dont forget my favorite "Boiler Room".


"Become an employee of this firm, you will make your first million within 3 years."

"Your friends are shit. You tell 'em you made 25 grand last month, they're not gonna fuckin' believe you! Fuck them, fuck 'em! Mom and dad don't like the life you lead? Fuck you mom and dad! See how it feels when you're making their fucking Lexus payments."

Sorry for all the profanity, but it does get the point across!


To a ruthlessly profitable day,
-JA$ON

Summary

M. Belkhayate is using in his free system the following parameters:
Timeframe = H4
Number of bars = 180
Order (degree) = 3 (2 turning points)
Ecart = 1.618 , the golden number
First band (dashed) = 1.000
Second band = 1.618
Third band = 2.200
Long Entry when price is between the thin green line and the thick green line.
Short Entry when price is between the thin red line and the thick red line.
Exit at middle band (center line)

Oan is using in the free Oan systems:
Number of bars = 123
Order (degree) = 2 (1 turning point)

Oan was using in the trial version:
Number of bars = 84
Order (degree) = 2

Develop your own Belkhayate system
Use the indicators I-REGR and fill in the above parameters.
The mathematical equation used for the indicator I-Regr gives the same result as the Belkhayate system. You will get the same system as Belkhayate's system for free and without any time limit.

eTrader,

WOW etrader.


now this is what i call CONTRIBUTION.

AMAZING work bro, its very much appreciated by everyone reading this I am sure of it.


on the other hand:

DEAR FREELOADERS-

Please take example of this man. We do not mind sharing ideas back and forth amongst each other and helping each other out, but please keep it that way. Don't come waltzing in here with a bunch of demands and never help out or advise anyone else on anything. We help each other, its a 2 way street. We all post different strategies on the COGs here including the templates and indicators and methods.

Thanks again e-trader...

You mention for Belkhayate the following:
"Entry when price above second band between third and second band.
Exit at middle band (center line)"

This is this point correct? (SEE IMAGE)


According to Belkhayate's website, he says:
"use the bands to define the maximum acceptable loss (stop-loss) and goals of winning, knowing that the more the market moves away from the center of gravity and the more likely that increases returns."

Now since this is in french, it is a rough translation. from what i understand he means set your SL outside the bands perhaps? I am confused on this, perhaps any others wanna take a stab at it?

i would love to at least demo trade this on h4 using the majors. but not knowing what to set my SL to or not knowing when to exit, is suicide in the long run.

any ideas?


PS: Ashur - i finally gave sweetspots a go tonight, and i took it off my charts immediately once i noticed all it does is place a bar across every 25pips of price action. seems pretty much useless to me, but im happy you have success with it!

Hi all...I'm using Oan's paid system and I must say it's very good and profitable if you know how to use it.
Now I'm testing Belkhayate's indicators, and I must say it's good too.
Both systems are very good!

I like timer on B's indicator...you don't have to manually refresh it, and I think it doesn't repaint that much. It almost doesn't repaint. That's what I like. And the timer candles move in waves, if you know what I mean. So you exactly know when it's overbought and oversold.
Oanstimer is very good too, but for me it's hard to read it and needs a manually refresh.

But Oan's system gave me a lot of profit, so I am very happy with it.

regards

Hi all i think Oans paid system is using 85 bars back , are you shure that it is 84 bars back? by Klemen86

Oh i forgot , nooskol i think the lines you were asking are the lower ones , between the red lines and between the green lines, you set your SL 300 pips to be safe and take profit in COG line , but if you trade against the trend mybe took profit earier, and i dont think your image is a belkhyate system try this one it is opened version till 2032 so no time limit by Klemen86 and i agree we must help and share our knowladge to achive financal freedom together

actually it is the exact one that is posted on Belkhayate's site. i just use candle average v3.


the other one makes my metatrader stall and slow down realll bad.

Thank you eTrader for this summary!

But I still do not really understand how to trade successful the COG.

It would be great if somebody how is making profit posts his template.

Entry:
Long Entry when price is between the thin green line and the thick green line.
Short Entry when price is between the thin red line and the thick red line.

Exit: center line

Stop Loss:
Long entry, below the thick green line
Short entry, above the thick red line

Long Trade GBPUSD date 30/03/2009 Belkhayate system TF H4

Date Entry: 30/03/2009
Buy: 1.41828 (price below green line !)

Date Exit: 01/04/2009
Close: 1.44211

Profit: + 238 pips

eTrader

See Update post #2123

eTrader

nice to see this threads becoming more active. keep up the good work everyone

How do you make use of the timing indicator ?

Hi , first you need to get the price in overbought levels or oversold levels for that we have COG , between red lines and between green lines , when the price is at those levels we look at the timer for more accurate enter , the good timer set up is when the timer is at level 2 (upper level ) So when we have price at COG set up then we wait for timer level 2 and enter.SL must be apropriate for H4 time frame 150-350 pips by Klemen86

Yep, like Klemed said...

I also enter between green or red lines if the timer is at least level 1 using Oan's money management.
But..
I also try to enter short whenever the timer is overbought and COG is moving DOWN,
and try to enter long whenever the timer is oversold and COG is moving UP.
I'm testing this...

regards

Ashur,

Thanks for leading with others this thread and keeping it alive.

I would like to know if you use the other indicators in your Orabi template. You don't seem to in your description of rules. What's the importance of those indicators? I would think it is a stable part of the repainting COG. Belkhayate uses his timinng indicator and Oan his Oantimer. Do you happen to know what are the levels to reach in overbought/oversold zones of those timers to consider a valid signal (first or second line)?

Also, are we still talking about taking only trades in the direction of the COG lines? In some posts, this was not obvious.

There sure are lots of COG system versions out there and it is very difficult for me to make up my mind. What I would do right now, is to chose Belkhayate's system for 4hr timeframes and Orabi template for shorter timeframes like 5min.

Thanks.

Chamane

Chamane,

Do you happen to know what are the levels to reach in overbought/oversold zones of those timers to consider a valid signal (first or second line)?

SELL at level +8 (overbought), second line
BUY at level -8 (oversold), secondline

Also, are we still talking about taking only trades in the direction of the COG lines?

Take only trades in the direction of the Center of Gravity at the beginning of the COG slope. Don't trade when the angle of the COG slope is very high !

What I would do right now, is to chose Belkhayate's system for 4hr timeframes and Orabi template for shorter timeframes like 5min.

Belkhayate's system for only 4hr timeframes.
You have to adapt the parameters (kstd band levels, bars_back in the Orabi system when you want to use it for TF M5.

eTrader

so etrader-

based on what you show, it seems to me there a few inconsistencies or something i dont understand.

you said enter between the green solid lines, and in the above picture, the price is already out side those lines, and outside the entire cog itself for that matter. which brings me to my next point, you said set your SL to outside the cog green lines, which again, is where the price is currently at in the above pic.

and a couple questions:

are you SL and TP levels static (set them when you enter a trade and do not alter them) or dynamic (close the position when the price hits the blue line in real time, and not set a TP for it when you enter.) and your SL, do you set that at the time of your entry, to just outside the green lines and dont alter it, or when the price physically moves to that point in real time?


man i hope you understand what i just said! sorry if its confusing...

Just curious how you trade this method... I have always been a static man myself, setting TP and SL right away and not altering them...

btw: anyone have the official rules for this particular cog template/strat?

Hey Chamane, that is exactly what I'm doing too. I'm using the belkhayate for 4hr and Orabi for 5 min. Also about the extra indicators in the orabi template, I think the candle average has to be above 0.81 to buy and below -0.81 to sell, i just trade when the price goes into the buy or sell zone and hits one of the fibo lines. This week however i havent traded. I usually tend to stay away from nfp week.

Ashur

etrader,

Many thanks for your answers and patience... This technique is not that simple, but I want to give it a chance since it is used to manage huge funds by Belkhayate himself (although I know people who have trusted blindly financial gods who are facing the judge in court nowadays...). Anyway.

What about a high slope e.g. down with the timing indicator in the overbought area? And what would be a slope too high (over 45°)? To me, there has to be some guide otherwise I would be in doubt all the time.

Thanks

Chamane