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The Paradox System

  • #3,641
  • Mar 1, 2016 7:52pm Mar 1, 2016 7:52pm
Quoting theone3000
{quote} Yes, I see everthing is importance. Maybe I read and forget , or I missed them. In fact, I have a little difficult to understand because of my English. So I am very thank you If someone remind me about MA5 and MA20. Maybe, they are breakout but I don't see them in our trading plan and entry.
Here you go... from and earlier post.

"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
  • #3,642
  • Mar 1, 2016 8:05pm Mar 1, 2016 8:05pm
Quoting tradertron
{quote} Here you go... from and earlier post. "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...
Thank you traderton, I read this, maybe I don't understand how to use ADN (or MA) so I forget them. Do you have any idea to take an entry with the help of MA 5 and MA20?
  • #3,643
  • Mar 1, 2016 8:12pm Mar 1, 2016 8:12pm
I do not understand their importantence either so I have been using them as another support and resistance line. I pay no attention to the Strong or Weak signals. I guess they could be used as breakouts to buy or sell.
  • #3,644
  • Mar 1, 2016 8:20pm Mar 1, 2016 8:20pm
Quoting theone3000
{quote} Thank you traderton, I read this, maybe I don't understand how to use ADN (or MA) so I forget them. Do you have any idea to take an entry with the help of MA 5 and MA20?
Yeah... I guess everyone is going have their own interpretation of it but my take on it is when not to take an entry... and that would be when the market is inside the lines?
  • #3,645
  • Mar 1, 2016 8:44pm Mar 1, 2016 8:44pm
Quoting birpinar
After reading the forum for many days and nights, now i feel that i am really really confused and started to forget whatever i learned. I hope this is a part of the learning process also I really really don't know what to do now. totally lost I need to rest may be
Spend more time and you will understand it, this system will change your way completely. My advise to you that do not go from one system to other.
just give it more time and at the end you will be able to link everything together, also try to read the PDF prepared by sigill.

Best regards
  • #3,646
  • Mar 1, 2016 9:50pm Mar 1, 2016 9:50pm
Guys! are we in constricted consolidation once again?
  • #3,647
  • Mar 1, 2016 9:59pm Mar 1, 2016 9:59pm
Another thing that is helping me is the following:

When there is something I think is a potential setup that falls within the rules, but I'm not quite sure about it (especially if I am tricking myself into believing there is a potential trade in both directions), I go back through all the data I have on my 2HR (about 6 months) and look for the same situation. I then go through each occurrence and record whether the outcome of that situation was a profitable long trade or a profitable short trade (occasionally, it is both - and other times I was wrong in my hypothesis that it even could be a setup).

Trading 2HR bars gives me plenty of time to complete this task (takes about 10-15 minutes max), and then I have an answer: either it is a not a reliable situation to trade in and I do nothing, or it is, and I now know what to do. The indicators are a massive help in making this possible (i.e. ROMAR downtrend, EMA uptrend, Horsemen uptrend, close below Smooth, White/Purple crossing --- or ROMAR downtrend, EMA uptrend, Horsemen uptrend, close below Smooth, White not crossing Purple).

Hope this was of help to someone - if nothing else, it'll help further the faith in the system when you see how often whatever setup your contemplating works (unless of course your making up setups that aren't based on the rules )
  • #3,648
  • Mar 2, 2016 12:04am Mar 2, 2016 12:04am
If i have an Alert that the during time of the sound is about 10minutes, anyone know how to stop it? I mean, when the alert appears... my custom song start to sound but if im in my computer i want to stop it but i dont know how lol....
  • #3,649
  • Mar 2, 2016 12:30am Mar 2, 2016 12:30am
my chart
Attached Image (click to enlarge)
Click to Enlarge Name: mine 1.png Size: 49 KB


yours
Attached Image (click to enlarge)
Click to Enlarge Name: your chart.png Size: 70 KB


my master, why sidney open 17.00 line in my chart's different with your's ?? can you explain my mistake?
thanks before n sorry for my bad english
  • #3,650
  • Mar 2, 2016 1:40am Mar 2, 2016 1:40am
Quoting neo999
my chart {image} yours {image} my master, why sidney open 17.00 line in my chart's different with your's ?? can you explain my mistake? thanks before n sorry for my bad english
About the sydney open which may differ from Dove's chart, please try to adjust the Paradox Session Indicator setting.
Right Click on MT4 Chart > Indicator List > Paradox Session Indicator > GMTServerOffset.

But if the data source from your broker is differ with Dove's, try to open demo account at forex.com, and use them as your chart source, your data will be the same with the rest of us.
  • #3,651
  • Mar 2, 2016 2:01am Mar 2, 2016 2:01am
Quoting lkh81
{quote} hi, i've left you a PM in case u didnt see. but would like to ask about the " DB attached to the bottom of the candle at the lower low at Sidney opening with the gold divergence line attached". was it the gold that was attached that made you put in the entry or was it mainly DB attached to the candle? Because i understand DB can be repainted anytime and seen it too.
Hello, as I wrote in my post, the reason for the entry was both the gold line and the DB attached to the lower low with a green price tag to the bottom of the candle. These two together were good signals that the down was over and it was time to reverse and go up. My entry was on 1H chart at candle with the two arrow signals (MA crossing and MACD crossing) where white is crossing purple for the up. If you take look to Dove's posting of last Saturday you'll find the one eplaining how to trade the DB and the SAR.
  • #3,652
  • Mar 2, 2016 2:06am Mar 2, 2016 2:06am

Daily plan 2016.03.02

(at London opening)

ROMAR on Daily down
ROMAR on 2H down
ROMAR on 1H up

EMA on Daily down
EMA on 2H up
EMA on 1H up

FIBO on Daily up
FIBO on 2H up
FiBO on 1H down
Market is in consolidation

2H chart
Candle opened at 124.06

ROMAR resistance (EMA is below ROMAR)
SMOOTH support (PURPLE is above SMOOTH)
EMA support (PURPLE is above EMA)
NOTES
PURPLE has crossed WHITE downward which means H2 is in consolidation. PSAR and MACD positive.

1H chart
ROMAR support (EMA above ROMAR)
SMOOTH resistance (PURPLE below SMOOTH )
EMA support (PURPLE above EMA)
NOTES
PURPLE crossed WHITE upward. PSAR positive. MACD still negative. Market starts turning upward from tight consolidation.

Daily chart
ROMAR resistance (EMA below ROMAR)
SMOOTH resistance (PURPLE below SMOOTH)
EMA resistance (PURPLE below EMA)
NOTES
PURPLE crossed WHITE. Daily is in consolidation. MACD negative.

Market is in consolidation.
I opened long at 124.09 with SL 40 and TP 20
Reason:
1) H2 opened above WHITE

Ups ... market hit my TP
So I got today already +20 J
  • #3,653
  • Mar 2, 2016 2:06am Mar 2, 2016 2:06am
Market Update @3.03 EST
Quoting dove_alliance
Now you understand why I am waiting on the Green divergence - this will continue up until it tags the top of a candle.
The Paradox Divergence (green line on top) has appeared!! Is this what Dove mean?
Attached Image
  • #3,654
  • Mar 2, 2016 2:12am Mar 2, 2016 2:12am
Quoting bigijs
Daily plan..........I opened long at 124.09 with SL 40 and TP 20 Reason: 1) H2 opened above WHITE Ups ... market hit my TP So I got today already +20 J
Congrats!! Btw, could you tell us why you choose 20 as TP instead of 40? do you have any consideration? thanks
  • #3,655
  • Mar 2, 2016 2:14am Mar 2, 2016 2:14am
Quoting mav3n
Market Update @3.03 EST {quote} The Paradox Divergence (green line on top) has appeared!! Is this what Dove mean? {image}
Yes, I think so
  • #3,656
  • Mar 2, 2016 2:40am Mar 2, 2016 2:40am
Quoting mav3n
{quote} Congrats!! Btw, could you tell us why you choose 20 as TP instead of 40? do you have any consideration? thanks
My consideration with TP is as follow:
1) TP 20 when market is in consolidation and position is taken in the middle of the move (as it is now and that's why I put TP 20 this morning)
2) TP 40 when market is in consolidation and position is taken at the begining of the move (when market turns)

3) TP 40 when market is in strong trend and position is taken at the begining of the move
4) TP 40 when market is in strong trend and position is taken at the retrace of the move
5) TP 20 when market is in strong trend and has been running for a while and there's possibility that it's near the end.

That's the idea behind it.
I don't know if it's right but I'm experimenting with that.
  • #3,657
  • Mar 2, 2016 3:56am Mar 2, 2016 3:56am
Quoting bigijs
{quote} My consideration with TP is as follow: 1) TP 20 when market is in consolidation and position is taken in the middle of the move (as it is now and that's why I put TP 20 this morning) 2) TP 40 when market is in consolidation and position is taken at the begining of the move (when market turns) 3) TP 40 when market is in strong trend and position is taken at the begining of the move 4) TP 40 when market is in strong trend and position is taken at the retrace of the move 5) TP 20 when market is in strong trend and has been running for a while...
Thanks for sharing!
  • #3,658
  • Mar 2, 2016 4:25am Mar 2, 2016 4:25am
2H , is purple avobe white or below it i cant see it clearly. so tight.
There are no weapons that will form against my financial prosperity.
  • #3,659
  • Mar 2, 2016 6:27am Mar 2, 2016 6:27am
Hi Everyone,
I am new to the group and new to trading. I am trying to get my head around this system sorry for joining late. I have read the materials a couple of times but there is a lot that I am still missing can someone tell me what is DB? (for example "how to trade the DB and the SAR")
  • #3,660
  • Mar 2, 2016 6:34am Mar 2, 2016 6:34am
For new traders. Initial Non farm payroll change in 45 mins. Anyone out there with open position should close them before, or you may really regret it.
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