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My own developed benkyalate system

  • #2,421
  • Sep 3, 2010 8:26am Sep 3, 2010 8:26am
Quoting Foreign Mark
Hi,

@geobull You can find it on post #2395
ok , thanks mark. Mark do you use skype?
  • #2,422
  • Edited 10:38am Sep 3, 2010 9:45am | Edited 10:38am
Hi all,
Simple: I dont understand your first question... I understand even less your second question... I dont understand fancy words !!! (no offense, I'm just a trader that get's mixed up when more than 2 indies on my charts).

Aussie trade still open at -64 will let it over for the weekend.
EURUSD quickie of yesterday ended up at -50...

Closed both GBPCHF positions +34 and +194 (less spreads.

Closing the week at 11,87%.

Have a good weekend.

Am I the only one using exclamation marks or was this thread for serious traders riveted to their screens and cartoons ??? (cartoons = charts that has so many indicators that they look like radioactive cartoons) !!!

Pip it Up !

BigMike
  • #2,423
  • Sep 3, 2010 11:40am Sep 3, 2010 11:40am
Quoting Big Mike
Hi all,
Simple: I dont understand your first question... I understand even less your second question... I dont understand fancy words !!! (no offense, I'm just a trader that get's mixed up when more than 2 indies on my charts).


BigMike
try it this way. see attached.
Attached File(s)
File Type: doc timer.doc   57 KB | 757 downloads
  • #2,424
  • Sep 3, 2010 12:35pm Sep 3, 2010 12:35pm
Hi,

I have been asked to post again the indicators; You can find all version on this post. http://www.forexfactory.com/showpost.php?p=2945223

Try them and find the one you feel confortable with!

@simple, i don't use that much this indi but you should change green bar into red bar and vice versa. When green in your graph it's a down signal, but should be used only to confirm a trade (cod line and timer are first signals to wait for)
  • #2,425
  • Sep 3, 2010 12:44pm Sep 3, 2010 12:44pm
I always really enjoy your stuff... this COG repaints
like the others correct?

Just want to confirm as I start checking it out.

All the best

Brian

Quoting xard777
Here is a version of COG that I like.

http://www.sendspace.com/file/281945

Have included four templates.

All the best

Xard777
  • #2,426
  • Sep 3, 2010 12:49pm Sep 3, 2010 12:49pm
Much appreciated, thank you

Brian

Quoting Foreign Mark
Hi,

I have been asked to post again the indicators; You can find all version on this post. http://www.forexfactory.com/showpost.php?p=2945223

Try them and find the one you feel confortable with!

@simple, i don't use that much this indi but you should change green bar into red bar and vice versa. When green in your graph it's a down signal, but should be used only to confirm a trade (cod line and timer are first signals to wait for)
  • #2,427
  • Sep 3, 2010 1:18pm Sep 3, 2010 1:18pm
Quoting simpletrades
try it this way. see attached.
Hi Simple, I have no idea I dont use that indie.

BigMike
  • #2,428
  • Sep 3, 2010 1:32pm Sep 3, 2010 1:32pm
Quoting Foreign Mark
Hi,

I have been asked to post again the indicators; You can find all version on this post. http://www.forexfactory.com/showpost.php?p=2945223

Try them and find the one you feel confortable with!

@simple, i don't use that much this indi but you should change green bar into red bar and vice versa. When green in your graph it's a down signal, but should be used only to confirm a trade (cod line and timer are first signals to wait for)
thanks. i dont want 4 colors flying at me anyhow, i just left the original defaults for my example.

i have enough trouble figuring out how to follow oan's candle average bars.
i'll stay with oan's cog and/or the smi-hma crossovers as signals as long as they are confirmed by the BBMACD using Paulus' slow settings from his post under trend magic i think.
  • #2,429
  • Sep 4, 2010 11:53am Sep 4, 2010 11:53am
Looking to short 4H.. going to wait for price action on 1H to confirm entry.

Should be easy pips next week. USA holiday Monday so may be slow to develop.

j-
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd_9-4-10_4hr.gif Size: 24 KB
Click to Enlarge Name: audusd_9-4-10_1hr.gif Size: 20 KB
  • #2,430
  • Sep 4, 2010 3:56pm Sep 4, 2010 3:56pm
Quoting jay_x
Looking to short 4H.. going to wait for price action on 1H to confirm entry.

Should be easy pips next week. USA holiday Monday so may be slow to develop.

j-
hey jay. good to see your charts here.
see below my chart of a/u. there is a no-trade scenario. the cog here is made of a calculation of 180 bars back. how many bars did you look back in your chart? does your grid repaints, too? did you compare your grid to the cog? advantages/disadvantages?
Attached Image (click to enlarge)
Click to Enlarge Name: au5.gif Size: 25 KB
meine augen sind die sterne
  • #2,431
  • Sep 4, 2010 5:15pm Sep 4, 2010 5:15pm
Quoting aserbfx
hey jay. good to see your charts here.
see below my chart of a/u. there is a no-trade scenario. the cog here is made of a calculation of 180 bars back. how many bars did you look back in your chart? does your grid repaints, too? did you compare your grid to the cog? advantages/disadvantages?
Interesting. My mid blue line is .9206 and my bottom outer green is .9037 so my close is just below the mid blue line. Nothing suggests a short here.

I have oan's early template settings he called Abo300n Center of Gravity going back 120 bars.
Going back 180 bars puts the blue at .9189
  • #2,432
  • Sep 4, 2010 5:34pm Sep 4, 2010 5:34pm
Quoting aserbfx
hey jay. good to see your charts here.
see below my chart of a/u. there is a no-trade scenario. the cog here is made of a calculation of 180 bars back. how many bars did you look back in your chart? does your grid repaints, too? did you compare your grid to the cog? advantages/disadvantages?
ok, now i found out that the grid which is jay using is made of 85 bars. cog is made of 180 bars. jay is writing that he sometimes goes down to M15.
so, the more you decrease the numbers of bars, the more aggressive your entry gets, or the lower you can go in tf. i think so.
meine augen sind die sterne
  • #2,433
  • Sep 5, 2010 12:44am Sep 5, 2010 12:44am
@Aser

yup, using default settings. I used to use the "Obama" COG but have simplified things with the linear COG. Also, since most of the time I disregard the direction of the COG anyhow, it was just easier to spot oversold/overbought situations w/ the linear COG.

Also, note that the heiken is setting up nicely and Turbo is overbought. Looking for a lower high on 1 hr and then entering on that candle's close. Aggressive stop loss 10 pips above highest swing.

So far I'm ~90% winner with this method so I'm sticking to it =) Let's see how this pans out!

j-
  • #2,434
  • Sep 6, 2010 10:43am Sep 6, 2010 10:43am
possible setup on eur/cad h4. timing was already below -8. will enter with first position and average if it's going down.
Attached Image (click to enlarge)
Click to Enlarge Name: ec11.gif Size: 23 KB
meine augen sind die sterne
  • #2,435
  • Sep 6, 2010 11:11am Sep 6, 2010 11:11am
Quoting aserbfx
possible setup on eur/cad h4. timing was already below -8. will enter with first position and average if it's going down.
dueling cog's
Attached Images
  • #2,436
  • Sep 6, 2010 1:45pm Sep 6, 2010 1:45pm
thanks for the EUR/CAD alert. I'm looking to go long on this on a higher low confirmation 1H.

looking go short eur/gbp on lower high swing as well.

aud/usd has gone sideways so no trade.

j-
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp_1hr_9-6-10_entry.gif Size: 41 KB
  • #2,437
  • Sep 6, 2010 7:02pm Sep 6, 2010 7:02pm
winner on eur/gbp short & aud/usd short (i ended up using a breakout method and caught the short).

i did not take the eur/cad long cuz price action did not confirm
(plus eur/gbp was a strong short).

next set up is gbp/aud. going long..

j-
Attached Image (click to enlarge)
Click to Enlarge Name: gbdaud_1hr_9-6-10.gif Size: 13 KB
  • #2,438
  • Sep 6, 2010 7:16pm Sep 6, 2010 7:16pm
Quoting jay_x
winner on eur/gbp short & aud/usd short (i ended up using a breakout method and caught the short).

i did not take the eur/cad long cuz price action did not confirm
(plus eur/gbp was a strong short).

next set up is gbp/aud. going long..

j-
is your target typically 10 pips +/- like that one?
  • #2,439
  • Sep 7, 2010 2:16am Sep 7, 2010 2:16am
i go for the midline or the closest resistance near it of the time frame i entered. this varies from 10-100 pips. most of time i close 90% of the position there and let the rest ride using Phil Newton's active trade management (moving stop loss to latest 2nd swing).

update:
gbp/aud hits target as i'm tying this =)

j-
  • #2,440
  • Sep 7, 2010 4:54am Sep 7, 2010 4:54am
hi Jay can you put your template ? for cog
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