My own developed benkyalate system | Page 160 | 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

  • #3,181
  • Apr 13, 2013 4:11am Apr 13, 2013 4:11am
Quoting pinoybboy200
If anyone wants an update on the thread I got to about page 60 so far. Stick with the first 10 pages. Everything afterwards is really clutter. I think that he released a new "system" every 2 or 3 days. FFS...Sounds like me. There are several templates throughout that focus on different COG settings. I just have been studying those and scraping all of the BS indicators that he kept adding on and changing. I think I'm at the part where he starts to add in Fibs and Pivots on top of all the other indicators....If a system is working, it shouldn't...
If you can make good money with the first few pages. great.....

Everyone has their own perception as to what a chart shows and everyone trades according to their own view of the chart.

Updates do not necessarily mean that a system works or doesn't work.
  • #3,182
  • Edited 11:02pm Apr 14, 2013 9:48pm | Edited 11:02pm
My thoughts though, if a system is working then it shouldn't need 20 revisions...

Kicking ass right on the AUD/USD now going against the COG indicator.

Attached Image (click to enlarge)
Click to Enlarge Name: cog.png Size: 54 KB


The red arrow show where the price hit the solid green line.
  • #3,183
  • Apr 17, 2013 6:50pm Apr 17, 2013 6:50pm
if you followed the trend selling from upper red line and looking at other time frame you will be in the right way for a long time .
you entered early i think you should understand the system as first use demo and this is the first old system use the new one it depend on break outs and help in this situations
it is attached in this post you can find more about it in previous pages
all have a nice day
Attached File(s)
File Type: zip 4E1t.zip   52 KB | 2,493 downloads
focus while relaxed to see better
  • #3,184
  • May 4, 2013 1:48pm May 4, 2013 1:48pm
no activity in this thread i think they should move it to trading systems it si better there and it is free now not commercial
all have a nice day
focus while relaxed to see better
  • #3,185
  • May 18, 2013 8:55am May 18, 2013 8:55am
Salaam/a Orabi,

Glad to see you again :-) been a while since we last chatted here. I came back to this thread as I still profitably use your system as a back-up for a confirmation to my price action method. I will check your latest version. Thanks for your upload again.
Time Is Money
  • #3,186
  • Edited 12:16pm May 18, 2013 9:55am | Edited 12:16pm
Quoting abajiga
Salaam/a Orabi, Glad to see you again :-) been a while since we last chatted here. I came back to this thread as I still profitably use your system as a back-up for a confirmation to my price action method. I will check your latest version. Thanks for your upload again.
hi old friend glad to hear that you are profitable with the system it is a strong system if know how to use it well with other setups
the last system depends on breaks out it is more power full but i have updated it with my last template black horse you will find it at my topic in trading systems it is not so different from this one
good luck sir and keep the good work
have a nice day
focus while relaxed to see better
  • #3,187
  • May 18, 2013 10:06am May 18, 2013 10:06am
Quoting abajiga
Salaam/a Orabi, Glad to see you again :-) been a while since we last chatted here. I came back to this thread as I still profitably use your system as a back-up for a confirmation to my price action method. I will check your latest version. Thanks for your upload again.
For instance the price action would be as shown in the 1M TF (gbpusd)
and confirmation/validation would come from the COG 5M TF (gbpusd)

I would scalp typically 25-30pips net daily on any pair that would give me the correct price action....it took me 5 years to master it :-)

As you can see I also time it using the trading sessions (US opening, Friday 17th May) yesterday.

Time was also something I never used to consider, but eventually I learned it the hardway after years :-)

Many thanks for your contribution to all of us here, well appreciated.

Glad that you are around :-)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd-m1-alpari-uk-ltd.png Size: 45 KB
Click to Enlarge Name: gbpusd-m5-alpari-uk-ltd.png Size: 40 KB
Time Is Money
  • #3,188
  • May 18, 2013 10:37am May 18, 2013 10:37am
Quoting abajiga
{quote} For instance the price action would be as shown in the 1M TF (gbpusd) and confirmation/validation would come from the COG 5M TF (gbpusd) I would scalp typically 25-30pips net daily on any pair that would give me the correct price action....it took me 5 years to master it :-) As you can see I also time it using the trading sessions (US opening, Friday 17th May) yesterday. Time was also something I never used to consider, but eventually I learned it the hardway after years :-) Many thanks for your contribution to all of us here, well appreciated....
great way thank you very much for sharing it with us
have a nice day sir
focus while relaxed to see better
  • #3,189
  • Jun 26, 2013 6:57am Jun 26, 2013 6:57am
any one have a questions and i hope also any one that trade the system write his experience and thoughts about it like abajja i think this will benefit a lot out
i am trying to move the thread to trading system but the problem it was commercial i was selling the system for a period (more developed versions before it became free and i posted it out and i made enough money from it to fill a briefcase hahahah
focus while relaxed to see better
  • #3,190
  • Sep 13, 2013 6:22pm Sep 13, 2013 6:22pm
For ASERBFX

I was impressed by the efficiency of your system on "My own developed benkyalate system" I've only read the thread now
I have just begun with the trading time. If it is possible to know the setting of "value Chart" inic and then use that template for EUR / USD.
I apologize and I will I send greetings
  • #3,191
  • Sep 19, 2013 5:05pm Sep 19, 2013 5:05pm
Quoting orabi
any one have a questions and i hope also any one that trade the system write his experience and thoughts about it like abajja i think this will benefit a lot out i am trying to move the thread to trading system but the problem it was commercial i was selling the system for a period (more developed versions before it became free and i posted it out and i made enough money from it to fill a briefcase hahahah
couldn't get TIMER to work?

overall, it is a nice looking system.

will take a look,
does any of the indicators repaint?
  • #3,192
  • Dec 13, 2013 12:41pm Dec 13, 2013 12:41pm
Hi Traders , Anybody trading this system ???? I find it very good
  • #3,193
  • Dec 14, 2013 3:46am Dec 14, 2013 3:46am
Quoting terminator12
Hi Traders , Anybody trading this system ???? I find it very good
could you share your experience and tips here? and which template you use?
  • #3,194
  • Edited 1:38am Dec 15, 2013 1:21am | Edited 1:38am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdmh4 1.png Size: 97 KB


extjsjquery Template Post 3183 on this page ,
  • #3,195
  • Dec 21, 2013 5:48am Dec 21, 2013 5:48am
I Terminator12, do you know if the ABHA-OAN[v03] cross indicator repaint? Where you are found this indicator?
Thanks!
  • #3,196
  • Dec 23, 2013 4:23am Dec 23, 2013 4:23am
Quoting ab2007
I Terminator12, do you know if the ABHA-OAN[v03] cross indicator repaint? Where you are found this indicator? Thanks!
ab 2007 ABHA does not seem to be repaint , My friend gave it to me through Email .
  • #3,197
  • Dec 23, 2013 5:13am Dec 23, 2013 5:13am
Hi terminator12, it's possible to post the indicator. I'm very interresting. If he does'nt repaint, it would be very interresting to use to determine the trend.
Thanks!
  • #3,198
  • Jan 31, 2014 11:45pm Jan 31, 2014 11:45pm
Attached Image (click to enlarge)
Click to Enlarge Name: audnzdmh4.png Size: 87 KB


Any body use this system , It is really work , Need to be patience but works well .
  • #3,199
  • Mar 1, 2014 2:46am Mar 1, 2014 2:46am
Hi every Body.

I have one important question.
I start tradeing MBFX this Week ,meanwhile works good.
But 28.2.2014 -happened to me on the GBP / USD 1H-TF,- Pinocchio "Pin" Bars ... Enter SELL--1.672, SL-1.677, TP-1.669 Blue Line.
Huge SL and vice versa small profit.
But the philosophy off MBFX says 2:1 (TP / SL)

I found that most of the trades is not possible to observe 2:1 ratio of profit / losses.
Last week I made 106 pips. But never once did I could not find a situation where she would go to place SL 2:1
Please explain what in this case.
Thank you very much !
  • #3,200
  • Mar 12, 2014 12:53pm Mar 12, 2014 12:53pm
Does anyone of you guys know what happen to Oan4fx the creator of this thread? I would like to contact him if any of you still in touch with him...

Thanks
2 traders viewing now