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The Paradox System

  • #1,561
  • Feb 4, 2016 11:11am Feb 4, 2016 11:11am
Quoting dove_alliance
Traders - I have explained very clearly from the beginning on setting up your MT4 with the spreads of vertically and horizontally. I had given you the templates with the correct spreads. I also stated you change anything then you will have problems. So don't come crying when you make changes.

​Hi Dove,

yes I do have the same settings as your template, no changes. So the one from shinny is not correct?
  • #1,562
  • Feb 4, 2016 11:15am Feb 4, 2016 11:15am
Quoting Forex Lion
{quote} ​Hi Dove, yes I do have the same settings as your template, no changes. So the one from shinny is not correct?
No - his is correct with a 40 bar spread and horizontally wide open.
The Dove - Forex Trainer
  • #1,563
  • Feb 4, 2016 11:25am Feb 4, 2016 11:25am
Quoting dove_alliance
{quote} No - his is correct with a 40 bar spread and horizontally wide open.
​OK, because I have the original template and horizontally wide open...

But I have 46 bars on my screen, so I have to reduce my screen
  • #1,564
  • Feb 4, 2016 11:29am Feb 4, 2016 11:29am
Quoting Forex Lion
{quote} ​OK, because I have the original template and horizontally wide open... But I have 46 bars on my screen, so I have to reduce my screen
Do you have the button that shift the chart from the right on??
The Dove - Forex Trainer
  • #1,565
  • Feb 4, 2016 11:43am Feb 4, 2016 11:43am
Quoting dove_alliance
{quote} Do you have the button that shift the chart from the right on??

​yes, I have, it is activated. I will move it to show only 40 bars
  • #1,566
  • Feb 4, 2016 11:44am Feb 4, 2016 11:44am
The Paradox Divergence is not standard either. They are the Green dash-dot lines and the Gold dash-dot lines. They represent the higher/high with the Green and lower/low with the Gold.
The Dove - Forex Trainer
  • #1,567
  • Feb 4, 2016 11:46am Feb 4, 2016 11:46am
Quoting dove_alliance
The Paradox Divergence is not standard either. They are the Green dash-dot lines and the Gold dash-dot lines. They represent the higher/high with the Green and lower/low with the Gold.
And that works in both Swings and Trends.
The Dove - Forex Trainer
  • #1,568
  • Feb 4, 2016 11:50am Feb 4, 2016 11:50am
Quoting Contrax
I entry Long at candle 16:46 broker time (my broker is 00:00 at new day) Price @ 131.046 H1 and H2 was in uptrend Horsemen. H1 was touching Parabolic Resistance. and in H2 wass touching green Fib 50.0 and bounce from EMA. ******************** Right now at 17:21 broker time. The H1 in the current candle is trying to cross White but for confirm we need to wait for that candle close. in H2 still uptrend the 4 horsemen. In the Daily the price bounce up from Smooth right now. ******************* My TP is 40/ SL 40. ******************* Master i have a...
Daniel - you have a safe trip and I thank you for all of your contribution in the forum. You take care and God bless you.
The Dove - Forex Trainer
  • #1,569
  • Feb 4, 2016 11:52am Feb 4, 2016 11:52am
Maybe I missed something. This is the first I have heard about Divergence in this system.
  • #1,570
  • Feb 4, 2016 11:57am Feb 4, 2016 11:57am
Quoting rcbarlow
Maybe I missed something. This is the first I have heard about Divergence in this system.
I mention it in the beginning but haven't express much on it because of the time table. Most traders do not have any experience with divergence and the paradox is more complicated then the standard.
The Dove - Forex Trainer
  • #1,571
  • Feb 4, 2016 11:59am Feb 4, 2016 11:59am
Yes, I read that at the beginning to identify the lines, but nothing on how to use them. Could you please elaborate on this?
  • #1,572
  • Feb 4, 2016 12:03pm Feb 4, 2016 12:03pm
Quoting rcbarlow
Yes, I read that at the beginning to identify the lines, but nothing on how to use them. Could you please elaborate of this?
I really don't have that kind of time - in fact, I have to leave very shortly and be back about 17:00. But if you are familiar with divergence then if you study the Paradox divergence you will get it.
The Dove - Forex Trainer
  • #1,573
  • Feb 4, 2016 12:07pm Feb 4, 2016 12:07pm
Hello Dear Dove!
what is usage of MA5,MA20 lines ?
thankyou
  • #1,574
  • Feb 4, 2016 12:10pm Feb 4, 2016 12:10pm
Quoting dove_alliance
{quote} I really don't have that kind of time - in fact, I have to leave very shortly and be back about 17:00. But if you are familiar with divergence then if you study the Paradox divergence you will get it.
Dove could you kindly print screen your 2HR chart? i am currently fixing the bar count on mine so the fib comes the same as yours..thank you
  • #1,575
  • Feb 4, 2016 1:08pm Feb 4, 2016 1:08pm
Dove was waiting for the market to show divergence. I thank him for his knowledge and will try to learn what I can.
  • #1,576
  • Feb 4, 2016 1:09pm Feb 4, 2016 1:09pm
This is a picture of all four types of divergence I'm aware of. Not sure if Paradox Divergence standards are the same. Will wait to hear from Dove.
Attached File(s)
File Type: pdf Divergence.pdf   308 KB | 1,447 downloads
  • #1,577
  • Feb 4, 2016 1:38pm Feb 4, 2016 1:38pm
Is divergence a sort of break out in the opposite direction from what is expected is the most likely - due to bad news? So those lines that Dove has quoted.
Quote
The Paradox Divergence is not standard either. They are the Green dash-dot lines and the Gold dash-dot lines. They represent the higher/high with the Green and lower/low with the Gold.
I'm interested as this is new and will be useful.
  • #1,578
  • Feb 4, 2016 3:01pm Feb 4, 2016 3:01pm
Quoting arya.aryaee
Hello Dear Dove! what is usage of MA5,MA20 lines ? thankyou
When a trader uses an ADR indicator (Average Day Range) it also has what is known as the ADN (Average Day Noise) which most traders have no knowledge of. On the Paradox this average day noise is displayed at the very beginning of the 17:00 EST Daily candle. This is one reason you reboot your platform after 17:00: If you reboot then; and reboot again on closing your platform - then the ADN has changed position from the previous data.

The Average Day Noise is consider the noise of the traders trying to position for a trade with the opening Daily Candle. And the ADN indicator lines never moves but remain as they are from bar to bar (accept squeezing towards one another) as the market is moving.

So the MA is the ADN of the ADR. In between those lines is Weak Sales or Weak Buys depending on trend at opening. Strong buys are above the MA 20 and Strong sales are below the MA 5. That is what the MA means and what it is for.
The Dove - Forex Trainer
  • #1,579
  • Feb 4, 2016 3:03pm Feb 4, 2016 3:03pm
Quoting diamonddbw
This is a picture of all four types of divergence I'm aware of. Not sure if Paradox Divergence standards are the same. Will wait to hear from Dove. {image}
Your examples of the 4 divergence are correct as for the standards. The Paradox is closely related except they are set for in the moment and not long term such as the standards. Once you have learned to use them they can help with your reversals.

OK - I'll be back later as I must make dinner.
The Dove - Forex Trainer
  • #1,580
  • Edited 3:58pm Feb 4, 2016 3:06pm | Edited 3:58pm
Hi all, I'm getting started learning with the system I just want to ask are those accurate H1 and H2 charts.
H1
https://charts.mql5.com/10/107/usdjp...lbrokers-3.png
H2
https://charts.mql5.com/10/107/usdjp...lbrokers-2.png
Thank you.
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