My own developed benkyalate system | Page 137 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

What I have learned trading & How I developed my system 6 replies

Developed This System, Glitches 0 replies

Did I just create my own very simple system? 25 replies

Indicators & EA's vs own system 8 replies

Creating Your Own Trading System : A View From the Outside In 0 replies

Attachments: My own developed benkyalate system
Exit Attachments

My own developed benkyalate system

  • #2,721
  • Jun 14, 2011 8:03am Jun 14, 2011 8:03am
Hi Big Mike,

I tried the super signal system on UT1H and my result are really bad. Maybe I did something wrong but I have already 5 SL hits (-500 pips) and most of my opened trades are looser today (8 opens positions, 1 is positive and 7 negative for a total of -350 pips).

What are your results today?
  • #2,722
  • Jun 14, 2011 1:54pm Jun 14, 2011 1:54pm
Quoting Foreign Mark
Hi Big Mike,

I tried the super signal system on UT1H and my result are really bad. Maybe I did something wrong but I have already 5 SL hits (-500 pips) and most of my opened trades are looser today (8 opens positions, 1 is positive and 7 negative for a total of -350 pips).

What are your results today?
Today is a total mess...
I have 6 SL hit
Twice AUDUSD, GBPCHF, EURCHF, GBPJPY and EURUSD.

It looks like what happened on Friday, a lot of news this morning...

I'm back to my Sunday start balance.
Also -10% on P/L

Lets see the rest of the week ...

BigMike
  • #2,723
  • Jun 15, 2011 7:55am Jun 15, 2011 7:55am
SL keep on getting hit...another bad day in progress...
Will have to add some kind of confirmation indicator...
I'll complete the week wih no change and see the end results...


BigMike
  • #2,724
  • Jun 16, 2011 5:15am Jun 16, 2011 5:15am
hi everyone

am new here, just join in as jr. member but been following COG for couple of weeks and have tried it on demo. nice result. straight winners from monday till today (Nov. 16, 2011). 18 trades - 600++ pips. yes, too good too be true but that was it.

i have one dumb question though. what is m=2 or 4 and sName = 500 or 1104 in COG parameter.

the 2 COG i use is 125, 2, 0, 2, 1102 (is this yours Oanfx?) and 240, 4, 0, 1 500 9 (from endroute - i think).

i know 125 and 240 is the look back bar and 2 and 1 is kstd or the standard deviation that amplify the channel. what are the rest?.

thanks
prey, shoot, hammer the pips
  • #2,725
  • Jun 16, 2011 2:20pm Jun 16, 2011 2:20pm
Mike,

I've tried the following filters with success on 5min TF:

- always trade in the COG direction of 5min AND 15 min
- always wait for Stoch oversold/bought (25,75)

If COG changes direction on 5min, then go up to 15min TF and it SHOULD still be the same direction as the original 5min. Take additional positions accordingly.

Take profits @ midline.

Test it up! =)

j-
  • #2,726
  • Jun 16, 2011 3:28pm Jun 16, 2011 3:28pm
Quoting jay_x
Mike,

I've tried the following filters with success on 5min TF:

- always trade in the COG direction of 5min AND 15 min
- always wait for Stoch oversold/bought (25,75)

If COG changes direction on 5min, then go up to 15min TF and it SHOULD still be the same direction as the original 5min. Take additional positions accordingly.

Take profits @ midline.

Test it up! =)

j-
Hi jay,

Thanks for the info.
How long have you been testing the 5min ?

I had a plan for next week with Keltner bands...

Tomorrow I'll update this week's mess on 1H.

BigMike
  • #2,727
  • Jun 17, 2011 10:18am Jun 17, 2011 10:18am
Hi I'm new to this forum.
I apologize for my English but did not and I use google translate.
I wanted to put a strategy here that I'm doing quite well with good results.
I wanted to because I know there are people on this forum really good and traders who dierais course your opinions and views to improve any additional indicator.
strategy is not mine and take a Spanish forum. It's called sapucay and mainly uses two indicators. One of them is called the mountain and the other jararaca.
I'll try to add photos and also the indicators so that you have.
Then shows you how to use them correctly to get good results but is very clear when you see them.
  • #2,728
  • Jun 17, 2011 11:43am Jun 17, 2011 11:43am
I leave a picture as ye see I have the template and indicators. He also commented that the results of which I speak are real account.
Attached Image (click to enlarge)
Click to Enlarge Name: indicadores en grafico.gif Size: 55 KB
  • #2,729
  • Jun 17, 2011 12:38pm Jun 17, 2011 12:38pm
Operation with these indicators:
I only operated in 4h and 1h but I think I'm pretty sure that works well in the past.

- The Mountain tells us whether the market is bearish or bullish. Similar to a macd. If above zero if this is bullish and below zero is bearish.

- The other line that looks like a snake called jararaca and we indicated by arrows and color possible inputs and outputs in the market.

If we operate strictly following these rules results are not as favorable as I advise the following way into the market:

1. The mountain must be clearly cross the zero up or down depending if you buy or sell.
2. The line of jararaca must present the corresponding arrow on the operation you want to do.
3. The line is highly recommended jararaca that is on the opposite side of the mountain.

Example of a purchase: the mountain has crossed the zero upwards. You should see an arrow indicating the purchase (yellow arrow with green line) and last line of the rattlesnake should be below zero (on the opposite side of the mountain).

The outputs of the market can be done when an arrow appears again contrary to the operation in the rattlesnake or when you cross the mountain zero.

I hope I was clear and any
Attached File(s)
File Type: mq4 Sacupay - Montaña v2.mq4   7 KB | 937 downloads
File Type: ex4 Sacupay - Montaña v2.ex4   9 KB | 644 downloads
File Type: mq4 Sapucay-yarara.mq4   8 KB | 795 downloads
File Type: ex4 Sapucay-yarara.ex4   10 KB | 578 downloads
  • #2,730
  • Jun 17, 2011 2:24pm Jun 17, 2011 2:24pm
Thanks for sharing Celeb.

Mike - been testing for a couple of weeks. Up 10%.

j-
  • #2,731
  • Edited Jun 19, 2011 5:44am Jun 18, 2011 9:16pm | Edited Jun 19, 2011 5:44am
Hi Celeb,
It seems you have more patience to help in long term, this system of yours seems to be working quite well? If so, would you consider starting a whole new fresh thread (of your OWN) and as you trade put lots of examples of entries as well so we can compare our trades with your and ask questions as you continue with your trades
I think is good idea and worth the effort since such high profitable system??
I'm also a little confused at WHICH line is actually the rattlesnake and IS the QQ indi necessary?
Later...
After doing a bit of backtesting and without the QQE indi it seems like this is a slow, steady, profitable system and I would like to learn MORE about it
I'm thinking using MBFX system as filter to avoid the sideways trades
Just my 5c worth

Thanks
Craig
  • #2,732
  • Jun 19, 2011 8:46am Jun 19, 2011 8:46am
Hi Zukies,
For me there is no problem.
In terms of timing of operations is not what I can confirm it will only work in one hour and 4 hours. It's all about check.
I could not create a new thread because being new to the forum I was not allowed or at least I understood it in the forum rules. As I have no problem to create it and go on seeing the results.
I will try to hang the results of my operation I got the last Friday in which they got $ 189 profit on $ 4000 that are available in the accounts. All operations are performed three times and I minilotes of closing some operations to go minilotes ensuring some profit. But that is like the trader. In other break I hope to leave it that way Given and guarantee no losses.
Also when I can hang a chart with explanations of exactly when I enter the market and when I go to options and you can give so we can improve operations.
Regards.
Attached File(s)
File Type: doc Statement.doc   119 KB | 619 downloads
  • #2,733
  • Jun 19, 2011 2:33pm Jun 19, 2011 2:33pm
Quoting celebrimbor
Hi Zukies,
For me there is no problem.
In terms of timing of operations is not what I can confirm it will only work in one hour and 4 hours. It's all about check.
I could not create a new thread because being new to the forum I was not allowed or at least I understood it in the forum rules. As I have no problem to create it and go on seeing the results.
I will try to hang the results of my operation I got the last Friday in which they got $ 189 profit on $ 4000 that are available in the accounts. All operations are performed three times and...
Well, I don't know WHERE you got these indis from but they are VERY good, I've been backtesting some pairs only on H4 with astounding results, I've done month by month with not one non profitable month tested about 3 pairs since jan this year on 4 hour and I see that EUR/CAD SO far is the best performer so far with monthly ave of about 40% (using 10% of my account, meaning if I had $100 to trade I'd use 0.01 lot per trade), I haven't really gone into daily much yet but it should be interesting, I'm NOT using the QQE though but these other two custom indis are WONDERFUL, normally there are indis that JUST miss some volatile periods but it seems this one catches some of them which is GREAT for your account. I've attached two EUR/CAD trades, see if they right. It SEEMS I'm trading this one right?
You also said not to trade when mountain is close to zero, I don't know how FAR away FROM zero NOT to trade so I trade everything and STILL profit end of month
I have attached two pics. one with two good trades and one with bad AND good trade
It SEEMS one CAN use ANY pair on any time frame actually but some are just more profitable than others
Attached File(s)
File Type: doc Bad example.doc   167 KB | 655 downloads
File Type: doc Example.doc   164 KB | 643 downloads
  • #2,734
  • Jun 19, 2011 7:22pm Jun 19, 2011 7:22pm
celebrimbor, thank you for sharing!

celebrimbor and zukies, do these two indicators repaint?

Thanks.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,735
  • Jun 20, 2011 6:27am Jun 20, 2011 6:27am
Am I in the wrong thread ?

BigMike
  • #2,736
  • Jun 20, 2011 11:55am Jun 20, 2011 11:55am
Quoting Favorite
celebrimbor, thank you for sharing!

celebrimbor and zukies, do these two indicators repaint?

Thanks.

The line gives the signals with the arrows do not repaint. Once you create the arrow indicates the signal to buy or sell if we expect the end of the candle will not repaint ever.
The mountain may vary slightly their position but for that we need to change tools, options, and change to bar graph and 5000.
As to create a new topic in the forum not to mix.
Tomorrow morning we'll try Spanish time publish the results today.
  • #2,737
  • Jun 20, 2011 3:22pm Jun 20, 2011 3:22pm
Quoting celebrimbor
The line gives the signals with the arrows do not repaint. Once you create the arrow indicates the signal to buy or sell if we expect the end of the candle will not repaint ever.
The mountain may vary slightly their position but for that we need to change tools, options, and change to bar graph and 5000.
As to create a new topic in the forum not to mix.
Tomorrow morning we'll try Spanish time publish the results today.
My friend, it seems you are WRONG with repaint of arrows, I've tried on 1 min frame and the arrow appears then disappears again so best take price from NEXT candle but, IF i'm wrong, this is one SWEET system (I so wish it WAS though make even MORE profit then)
  • #2,738
  • Jun 20, 2011 3:55pm Jun 20, 2011 3:55pm
Quoting Big Mike
Am I in the wrong thread ?

BigMike
Hi Big Mike,
It seems our little junior Celeb needs to start his OWN thread here lol, not sure if knows about starting it here but ANYway, are you still TRADING this thread (comment #1)? is it REALLY this EFFECTIVE???
  • #2,739
  • Jun 20, 2011 5:49pm Jun 20, 2011 5:49pm
Quoting zukies
My friend, it seems you are WRONG with repaint of arrows, I've tried on 1 min frame and the arrow appears then disappears again so best take price from NEXT candle but, IF i'm wrong, this is one SWEET system (I so wish it WAS though make even MORE profit then)
celebrimbor, zukies, thank you for answering.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,740
  • Jun 20, 2011 9:07pm Jun 20, 2011 9:07pm
Ok, long time no post !
I have abandonned COG for short term trading.
I don't have the feel of price action at all compared to long term COG. (which was originally programmed for 4h and up).
I'll continue my serach for some short term proven profits for many months...
Sorry for taking so much thread space with my tests and all...

BigMike
0 traders viewing now