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Daytrading/scalping with high leverage - my proven strategy

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  • #7,301
  • Jun 17, 2014 4:03am Jun 17, 2014 4:03am
Missed 2 entries yesterday but managed to catch a decent run today. I actually missed the Beyond the Ichimoku Cloud Method and re-entered using the 'Classic Babon' Method. Managed to close EJ with about +14 PIPs. Thanks again Favorite for your high probability system and looking forward to your next visit/comments to this thread! Happy trading everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym1 17th june 2014.png Size: 52 KB
  • #7,302
  • Jun 17, 2014 12:10pm Jun 17, 2014 12:10pm
Hello,

I have made a template with more easing colors for the participants here.

I have loaded tma true indi which is loadable normally.

I have problem with attaching indicator tma in h1 babon b template

I have mig platform 646 version.

Any ideas ?
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 28 KB
Attached File(s)
File Type: tpl !!!!! scalping m1 babon.tpl   2 KB | 385 downloads
forex scalping with Northern Lights and Ninjatrader
  • #7,303
  • Edited 4:55pm Jun 17, 2014 4:40pm | Edited 4:55pm
Quoting forexraiders
... I have loaded tma true indi which is loadable normally. I have problem with attaching indicator tma in h1 babon b template I have mig platform 646 version. Any ideas ? {file} {image}
If I can ask: why do you use the TMAtrue? It's been said already (and there must be a reason why Favorite, DNA and all the good traders here are using the plain TMA): you won't be able to trade Babon efficiently, especially the "TMA M1 beyond Ichimoku" pattern which would be considerably lagging, after the first (and often last) leg of the move has gone already. You can watch the history with TMATrue, that's right, but that's all you can do I'm afraid. You need the real TMA, which does repaint, yes, but if you follow all the rules in real time, it won't let you disappointed.
BTW, just FYI, the TMATrue loads no problem on FX-Open MT4 H1.
  • #7,304
  • Jun 18, 2014 2:13am Jun 18, 2014 2:13am
Hello,

The only reason I have loaded tmatrue is that the normal tma doesn't load in my platform in any time frame.

I have tried to insert in mql folder .
I have tried to compile it but it produces errors.

Any ideas how to fix this ?

I am thinking of load the whole system in other broker platform.Any suggestions ?

Thank you
forex scalping with Northern Lights and Ninjatrader
  • #7,305
  • Jun 18, 2014 3:58am Jun 18, 2014 3:58am
Quoting forexraiders
Hello, The only reason I have loaded tmatrue is that the normal tma doesn't load in my platform in any time frame. I have tried to insert in mql folder . I have tried to compile it but it produces errors. Any ideas how to fix this ? I am thinking of load the whole system in other broker platform.Any suggestions ? Thank you
Try to Paste the Indicator on the data folder not the original one ...
Attached Image
  • #7,306
  • Jun 18, 2014 4:17am Jun 18, 2014 4:17am
Thank you for helping,

I have already done this with no success

Do you have the kindness to tell me the settings that the tma have because since I can't restore the original template I can't see them.

Thank you
forex scalping with Northern Lights and Ninjatrader
  • #7,307
  • Jun 18, 2014 4:26am Jun 18, 2014 4:26am
Quoting forexraiders
Hello, The only reason I have loaded tmatrue is that the normal tma doesn't load in my platform in any time frame. I have tried to insert in mql folder . I have tried to compile it but it produces errors. Any ideas how to fix this ? I am thinking of load the whole system in other broker platform.Any suggestions ? Thank you
I'm not sure where I get I get this idea from, but I think the TMA for latest MT4 builds is slightly different (I might be wrong). I can't remember if i got it on this thread but you can try this one, which for me works fine...

P.S. - Apologies for "lecturing"you in my previous post. I misunderstood your problem.
Attached File(s)
File Type: ex4 TMA.ex4   25 KB | 471 downloads
File Type: mq4 TMA.mq4   8 KB | 522 downloads
  • #7,308
  • Jun 18, 2014 4:44am Jun 18, 2014 4:44am
Hello ,

I have solve it by pasting the ex4 file in mql folder. Since the platform wasn't capable of compiling ,it respond it to ready prepared meal.

Made a new template with the new indicator and fixed also the colors in green red. Black backround is better and safe for eyes and screen.

Thank you for helping
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 34 KB
Attached File(s)
File Type: tpl ! 1 1 ab forexraiders babon 1 .tpl   2 KB | 394 downloads
forex scalping with Northern Lights and Ninjatrader
  • #7,309
  • Jun 18, 2014 3:20pm Jun 18, 2014 3:20pm
I am having an issue with 123Patterns v6

the indicator loads and works beautifully on my demo accounts.

when I load it on my Live Master account , it locks up my terminal. I have subsequently tried to load it on charts in each of my Slave accounts and it locks up each of those terminals as well. Any thoughts as to why this would happen?
  • #7,310
  • Jun 19, 2014 2:01pm Jun 19, 2014 2:01pm
Personally I'm not trading "Favorite Babon System" but to break a today silence i decided to take a trade.
It's one of counter-trend trade (But who cares ? I decided to trade agains two H1 and H4 big picture TMA bands, because there was a bigger move before and i decided it may be a time for little pullback, also there is TMA H1 beyond TMA H4, and i remember euro is getting weaker). I usually don't trade at these hours, but signal appears just at the moment when i was cheking my charts. Few pips gained.

Regards, pretorian1
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD FAV System 4-charts template.png Size: 84 KB
Aggressive, High Risk, High Gain, High Accuracy
  • #7,311
  • Jun 24, 2014 10:51am Jun 24, 2014 10:51am
Today's trade short gbpusd +18

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-06-24 10_48_54-GBPUSD,M1.png Size: 49 KB
  • #7,312
  • Jun 24, 2014 10:52am Jun 24, 2014 10:52am
I was fortunate....forgot to set my TP on the 5M TMA.
  • #7,313
  • Jun 26, 2014 2:25am Jun 26, 2014 2:25am
FYI

in these days of really low volatility and shrinking ADR, TMA1 beyond TMA 5/15 have been great.
  • #7,314
  • Jun 30, 2014 7:56pm Jun 30, 2014 7:56pm
Hi to All,

I am using AxiTrader (australia) v646. I downloaded the latest indicators and templates from post#1 and placed them in the appropriate folders but nothing showed up at all when mt4 is opened. Not sure how to get this to work. Could someone please be kind enough to explain how to get these done.

Many thanks in advance.

Khai
  • #7,315
  • Jun 30, 2014 9:42pm Jun 30, 2014 9:42pm
Khai,
Sounds like you are not using the correct file locations when loading in the indicators.
Suggest you open MT4, then click on the File / Open Data Folder menu items, and then you can see where MT4 expects to find the files.
Look here for indicators \MQL4\Indicators.
cheers, Fred
" check out The Traders Outpost "
  • #7,316
  • Jun 30, 2014 10:06pm Jun 30, 2014 10:06pm
Thank you so much Fred for your speedy help. It is all good now.

Regards,
Khai
  • #7,317
  • Jul 6, 2014 5:26pm Jul 6, 2014 5:26pm
Quoting Favorite
Since Samer1970 finally started ignoring me and I can't reply in his thread, I'm replying here: {quote} Yes, Samer, I trade even better than I annoy you, and hundreds of posts of the participants of this thread support this statement! P.S. It is interesting, however, that you started ignoring me after I gave you the link to this thread and explained where to find my Summaries (pages 47, 117, 127 and 168). Didn't like that my Babon system is so powerful and so popular, eh? Saw that more than five thousand people downloaded Babon and felt a little...
May i ask you - as The Owner of Favorite Babon System - Are you still using this system on your everyday trading ? Still as a main system ? Or maybe you're using something new/better ?

Regards, pretorian1
Aggressive, High Risk, High Gain, High Accuracy
  • #7,318
  • Jul 7, 2014 12:57am Jul 7, 2014 12:57am
Quoting pretorian1
May i ask you - as The Owner of Favorite Babon System - Are you still using this system on your everyday trading ? Still as a main system ? Or maybe you're using something new/better ? Regards, pretorian1
Right now I'm on vacation. But when I trade, I use two trading systems (both M1) at the same time, one of these two systems is Babon. I can't say that another system is better or worse than Babon (they are both very good), they are just different, kind of "apples and oranges".
Gentlemen always play by the rules. If they can't, they change the rules.
  • #7,319
  • Jul 7, 2014 1:31am Jul 7, 2014 1:31am
Quoting Favorite
{quote} Right now I'm on vacation. But when I trade, I use two trading systems (both M1) at the same time, one of these two systems is Babon.
Have a nice nice nice vacation,dear Mikhail!!!!!!!! Meanwhile I am shorting EJ and now thinking to do the same with AU,verrryyyyy boring!!!!!!!)))))
Take care and all the best to you wherever you are!!!!
A bottle of 20 years old armenian cognac under your name getting older and older better and better ....hope someday in our direct involvement it finally stop aging))))
Success is nothing more than a few simple disciplines, practiced every day.
  • #7,320
  • Jul 7, 2014 2:36am Jul 7, 2014 2:36am
Quoting Favorite
{quote} Right now I'm on vacation. But when I trade, I use two trading systems (both M1) at the same time, one of these two systems is Babon. I can't say that another system is better or worse than Babon (they are both very good), they are just different, kind of "apples and oranges".
Okay, that's what i wanted to hear It is a good system and i decided to start testing it again, as i gave it up before (Probably i didn't understand all the rules). I'm not asking you to tell the second one you're using, just wanted to know if Babon System is still in your own usage.
It has high probability % of success so it is the one of the systems that i like the most.

P.S. Respect for you to share it I'm not sure if I would share that system with others, if I was the owner

Regards, pretorian1
Aggressive, High Risk, High Gain, High Accuracy
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