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Forex Bible System

  • #661
  • Mar 27, 2012 10:03am Mar 27, 2012 10:03am
Here it is...
Exsample of entry...
Attached Image (click to enlarge)
Click to Enlarge Name: bible system mod 2.gif Size: 31 KB

Attached File(s)
File Type: zip bible system mod 2.zip   77 KB | 2,598 downloads
Always think twice...
  • #662
  • Mar 28, 2012 1:54am Mar 28, 2012 1:54am
Thanks kuhanicevap Reading your blog and checking out the strategy as I write. Will post here if I do require any advice or assistance. Thank you once again.
  • #663
  • Mar 28, 2012 3:13am Mar 28, 2012 3:13am
kuhanicevap, i managed to get from another forum the FX Turbo Marksman indicators for other currency pairs too. Please have a look at it and who knows it might help make this system better.

Thanks.
Attached File(s)
File Type: zip FX_Turbo_Marksman_Platinum.zip   243 KB | 1,949 downloads
  • #664
  • Mar 28, 2012 3:52am Mar 28, 2012 3:52am
thx I ll check it out... but this one is working just fine...
Always think twice...
  • #665
  • Apr 12, 2012 7:11am Apr 12, 2012 7:11am
Late trade but secure and confirmed I know that this works because i'm using it 4-5 months.If not for trades i'm using this for confiramtion because it has best conf system
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Trade with 60
  • #666
  • Jun 30, 2012 1:35am Jun 30, 2012 1:35am
for what it is worth, the golden finger indicator places the signals in exactly the same places as the "asctrendsig" indicator that is available on forex_tsd forum.

It is basically based on Williams percent range. The "risk" input biases the -70/-30 levels or in the case of ask asctrend, the 67 and 33 levels which are pushed back to 70/30 with a 3 risk input. put the williams %R indicator on your chart and you will see the dots painting as the indicator crosses the levels.

Archie
  • #667
  • Jul 3, 2012 11:00pm Jul 3, 2012 11:00pm
Well just to say thanks for the gift of knowledge and the method. I put it on the charts and checked it out and placed a live trade and made 240 pips off a nice move. I must say I like the system, I've been more for the simple way instead of the fancy looking methods. So my 2 cents to say it's a winner to me. Thanks again and may you all have many happy pips
  • #668
  • Jul 6, 2012 9:09am Jul 6, 2012 9:09am
Hi all, i am new here and i decided to ask you sometning.. what currency use with this Bible system (mod 2) and of what timeframes 10x
  • #669
  • Aug 30, 2012 9:45pm Aug 30, 2012 9:45pm
thanks for sharing the system, i think it works well. Can you enter a trade if the golden finger confirms a new direction some few candles away before the golden varity arrow appears. can anyone please answer
  • #670
  • Aug 31, 2012 4:04pm Aug 31, 2012 4:04pm
Thanks for sharing the system. Please i want to know if the set up is correct for a trade if the golden finger appears before the arrow in the golden varity.
Thanks, waiting for your response.
  • #671
  • Oct 27, 2012 10:41am Oct 27, 2012 10:41am
Cubby, thanks for the system!

I just want suggest you to use FXI Pivots instead of FiboPiv_v2.
Because it shows better R/S

Good trading for all.

Attached File(s)
File Type: ex4 FXI Pivots.ex4   25 KB | 703 downloads
  • #672
  • Jan 7, 2013 3:48pm Jan 7, 2013 3:48pm
hello everyone, nice work to all of you, i was interested in demo testing this system out. I use another system, but more for longer TF's, and this seemed interesting. I was particulary interested in the EA. I saw kuhanicevap direct a member to a previous post with the EA, but was wondering if anyone had put together the most up to date information in that EA, and would be able to post it here....

thanks all, and happy trading.
  • #673
  • Jan 8, 2013 5:25am Jan 8, 2013 5:25am
Quoting 4rextrader
hello everyone, nice work to all of you, i was interested in demo testing this system out.
Make no mistake - this method works. By waiting for all 4 indicators to confirm the trade you don't get caught in so many whipsaw trades.

However, this method is only as good as the person trading it. It took me a long time to fully understand what Mark Douglas (Trading In The Zone) was saying:
"Even a mediocre trading technique traded consistently will achieve far better results than a phenomenal technique that is traded in fear and uncertainty."

So:
1. Trade consistently;
2. Set your stop at a level that does not cause you stress if you lose; and
3. Accept the trade may lose but over the long term you'll gain.

Quoting 4rextrader
I was particularly interested in the EA. I saw kuhanicevap direct a member to a previous post with the EA, but was wondering if anyone had put together the most up to date information in that EA, and would be able to post it here....
I understand that newbies are attracted by EA's. They think an EA will make trading easier. And who knows, an EA for this method may work - although I would not trade this Bible System out of the European hours. But are you really prepared to allow a program to control your money? There are times when taking a trade is just not sensible (e.g., minutes before Non-Farm Payroll). But an EA will take that that trade regardless.

Not for me - I prefer to control my own destiny. Put the time in, learn how to trade and be successful in your own right.
  • #674
  • Jan 8, 2013 6:16am Jan 8, 2013 6:16am
Quoting primestop
Make no mistake - this method works. By waiting for all 4 indicators to confirm the trade you don't get caught in so many whipsaw trades.

However, this method is only as good as the person trading it. It took me a long time to fully understand what Mark Douglas (Trading In The Zone) was saying:
"Even a mediocre trading technique traded consistently will achieve far better results than a phenomenal technique that is traded in fear and uncertainty."

So:
1. Trade consistently;
2. Set your stop at a level that does not cause you stress...
Thanks for your reply, but I am not a newbie. I wouldn't consider myself an expert either, but I know what I am doing. I have been trading on longer TFs, so the whole scalping and smaller TFs are something I would like to get more familiar with. the bulk of of my money made, has been made by an EA. I have also made a bit of money on my manual system on longer TFs. One of the things that was key for me, and I am sure for others is money management (% risk per trade) and if you know how to control risk, I don't see why you can't use an EA when the time permits. All the above rules you've mentioned I know and have read many books and articles about it. Ofcourse I wouldn't do this live until I was satisfied with the results on the demo, and as for psycological aspect of trading, I know that no system is 100% accurate, as long as %wins outweigh % losses by the end of the day, week, and/or month, I am happy.

happy trading
  • #675
  • Jan 8, 2013 7:16am Jan 8, 2013 7:16am
Hi, is anyone still using the original method?
Would like to know how is the result.
Thanks.
  • #676
  • Jan 8, 2013 9:30am Jan 8, 2013 9:30am
You are all saying the truth...
To be profitabile or not is not because the system it is because of TRADER.
There is no system in this world that garantie sucess.
Technical analyse is only one tiny part in forex, there are lot of other factors that moves the price.
Because we do not know all that factors we will follow the price movements. That is why we individual traders develop trend following system like this. If you use only one moving average you can have trend following system if you know how to use it.

Don"t just instal the template and follow buy/sell signals... You need to have knowledge, watch for the news, use proper money menagment and all other shits... and then you analyse the market (is it ranging is it trending, posible support resistance level etc...) after all that, you know that you are buyer or seller and wait for the right moment when this system will give you a signal in your direction that you will follow.

Well I know all this as so as many of you traders here, but I am stil not profitabile on long run because my discipline sucks. But I will master that some day.

Peace
Always think twice...
  • #677
  • Jan 8, 2013 10:10am Jan 8, 2013 10:10am
Quoting 4rextrader
hello everyone, nice work to all of you, i was interested in demo testing this system out. I use another system, but more for longer TF's, and this seemed interesting. I was particulary interested in the EA. I saw kuhanicevap direct a member to a previous post with the EA, but was wondering if anyone had put together the most up to date information in that EA, and would be able to post it here....

thanks all, and happy trading.
That is not EA it is only a trade menager that places SL and TP on you manual trades...
Always think twice...
  • #678
  • Jan 8, 2013 10:16am Jan 8, 2013 10:16am
This is the first time I use this system.

I enter after signal appears, price breaks Pivot, bounces back and then drop.
Already 20 pips, set SL at BE+5 now (live trade).

Thanks


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  • #679
  • Jan 8, 2013 7:54pm Jan 8, 2013 7:54pm
hmm... I was stopped out at BE+5

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  • #680
  • Aug 31, 2013 1:05pm Aug 31, 2013 1:05pm
Hello Dzhini,

I am very much impressed by your EA BiblesystemV3Basic by Dzhini.ex4 , have been testing on demo for over a month on H1 charts the
issue is it is trading profitable but profits are eaten away by stop loss trades thereby not able to derive the benefit out of it, can you help me
out any improvisation of the Ea also advise whether I need to attach all indicators on the charts at the same time I attach Ea and keep it for trades. Thanks and regards.
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