The Paradox System

May i please ask a question?
In regards to Friday's trading session...when the SAR detached from DB onto EMA it was mid way of a H2 candle. At the H2 hit on EMA was also the hit on H1 PSAR.
In this scenario is it more confluent to trade the H1 or wait the close of the H2?
My "fear" in this is that because of my "perceived inexperience" i may inadvertently enter at the top and waste my time ... if i had of actually been online at the time of the H2 chart indicating a Long...would i have taken it? & on the H1 close or on the H2 close?

In order to try and resolve this Q myself & not rely on a spoon feed, i propose that the best time to enter Long with an adjustment of my original plan would be at the close of the H1 which is above H2 EMA plus due to the continual skip at candles opening above Purple support and the H1 PSAR hit was the retrace i was looking for & was simultaneously the H2 EMA and purple/white were still in a up trend on the H2 & besides all that, the SAR had hit the H2 EMA. And combining all this together it should be enough to control over my fear and just enter Long. Funny enough, i no longer have the fear any more on reflection/evaluation of what would i have done if i was online at the time.

I realise i have not mentioned NFP in all of this reflection - due to the NFP i had decided not to be online during that time or after as my trading session was done. i just wanted to see if i could figure it all out based just on what the charts were showing.

Happy for anyone's input.

After I have done my share of studying each trader's postings with trading plans - I am finding most are still lacking in how support and resistance works with the Paradox. The problem is not recognizing the support/resistance on trading plans; the problem is executing the process of S/R. I can understand this very well due to past history. Support and Resistance for most traders concerning is to do with Highs, Lows, PA, S/R in past History, and various other S/R's. So - the S/R's with the Paradox could be completely out of everyone's league.

Lets start with ROMAR/EMA - your two main Support and Resistance for the Paradox.

ROMAR crossing EMA changes both EMA and ROMAR support/resistance. If ROMAR crosses EMA from below with ROMAR/EMA being support at the crossing; you then have an automatic change from support to resistance for both ROMAR and EMA and vice-versa. Now - lets stop here and try to imagine this.

If You have ROMAR as support with EMA above Support means EMA is also Support.

If you have ROMAR as Resistance with EMA below ROMAR means EMA is also Resistance.

The problem most are having is connecting the dots with ROMAR and EMA. This scenario is very crucial in consolidation when you have both ROMAR/EMA in a tight squeeze going sideways. In this scenario is when you get into the Ranging mode with EMA crossing Purple for the swings. In an uptrend you have ROMAR sliding under EMA support in swings. For a downtrend you have ROMAR sliding over EMA resistance in swings.

There are times you will have ROMAR/EMA at purple - lets say both are support - First you have EMA crossing Purple which changes EMA to resistance and here is the problem - EMA is only resistance for the 4 horsemen and not resistance with ROMAR. EMA is still Support with ROMAR until the crossings. This means ROMAR is still support, can, and will, slide under EMA to hold EMA as Support and vice-versa.

Now - lets say you have a 100+ pips between EMA Support and ROMAR support; and you have EMA swinging into a downtrend with the 4 Horsemen. What do you have? You have an EMA consolidation against the ROMAR trend. You also have EMA being both Support and Resistance: Support with ROMAR and Resistance with the 4 Horsemen.

Lets move on with EMA/Parabolic

90% of the time when EMA touches Purple the Parabolic will flip. The other 10% is on the next open candle. If the Parabolic flips and EMA crosses Purple from Resistance and becomes Support - with ROMAR as resistance; and 20 - 30 pips from the EMA crossing - then you better believe in ROMAR. It will hold Resistance.

If you have ROMAR as Support; EMA as Resistance with the 4 Horsemen as a resistance; then believe in the Parabolic - it will hold Resistance. And believe in ROMAR as it will hold support. This scenario usually represent a sideways move jumping between support and resistance until a breakout. The best way to recognize a breakout is with ROMAR crossing Purple with a Parabolic flip. If the Parabolic doesn't flip then be careful.

Lets move on with ROMAR/Parabolic.

The beginning of your trading plan starts with ROMAR - EMA - and Parabolic.

Daily:
ROMAR -
EMA -
PSAR -

Notes:

2 HR:
ROMAR -
EMA -
PSAR -

Notes:

1 HR:
ROMAR -
EMA -
PSAR -

Notes:

Final Notes:

Why is this so important? It is important because the 3 charts will tell you exactly where the trend is for one; and secondly if the market is in consolidation.

Let's take Friday's open 17:00 candle.

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Notes: The trend is up

2 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Notes: The trend is up

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Notes: The trend is up

Final Notes: All three charts are in the uptrend. Entry long with the open 17:00 candle.

With this trend accounting what do you see? What I see is a total and complete full blown uptrend. This also means I just pick a bar on the downside and pull the trigger and then walk away.

Lets go back to Wednesday of last week with the 17:00 est bar:

Daily:
ROMAR - Crossed Purple heading for EMA: ROMAR holding both S/R
EMA - Support
PSAR - Support

Notes: Parabolic is up.

2 HR:
ROMAR - Support
EMA - Support in a slider below Smooth
PSAR - Support

Notes: Parabolic is up.

1 HR:
ROMAR - Support
EMA - At Purple for a crossing for resistance.
PSAR - Resistance

Notes: Parabolic is down.

Final notes: ROMAR on both H1 and H2 is holding support. Parabolic on the H1 is Resistance with the H2 and Daily Parabolic as Support. Need the H1 Parabolic flip for entry going long. Take entry with the 17:00 bar.

What does this all mean?

You have the Daily with ROMAR crossing Purple and heading for EMA. The previous candle is balanced with Purple. You also have EMA support at the crossing of Smooth with the Parabolic set for the uptrend.

The H2 you have ROMAR Support with the Parabolic Support. EMA is also support with a crossing of Smooth. What makes this H2 a great entry chart is with the Parabolic above ROMAR for a tag.

H1 you have ROMAR Support with EMA at the Purple crossing to become Resistance and the Parabolic as Resistance.

Bottom line - the market is in consolidation with the H1 chart mainly because of the Parabolic. Without the Parabolic flip you have ROMAR on both the H1 and H2 holding support waiting on the H1 Parabolic flip for the trend. Once the H1 Parabolic flip you have all three charts with a Parabolic trend and it will take off and turn all three charts into a full blown trend. And it is all because of the Parabolic.

What most of you, if not all of you, are not understanding is the power of the Parabolic's for Trends, for Support, and for Resistance. Working the Parabolic with ROMAR on all charts will take you exactly where you need to be.

Food for thought - Your best trades are with the Parabolic and ROMAR syncs within both the H1 and H2 charts. If you do not have a sync then you are in consolidation and wait for the sync. If you get the Daily Parabolic sync with the H1 and H2 then you be looking at some major pips.

Hi All,

I noticed this weekend is DST changing.
So be aware of this and make your changes to the Session_indicator if applicable.

Also read the quoted post from Dove.

Post 6578 describes the proces from DST to "Normal" time https://www.forexfactory.com/showthr...60#post9238060

My settings for the Session Indicator.

Normal (Winter) time settings H1 chart



Normal (Winter) time settings H2 chart




DST time (Summer) settings H1 chart.




DST time (Summer) settings H2 chart.



After you have changed your charts, I would advice you to save the chart as a new template, like for example Paradox_H1_DST or what ever you want.
So when we go form DST to non-DST you can just apply the normal (orginal) templates and in March 2018 you can use the DST templates.

I hope this makes sence and helps.

Sunday the 26th march in the UK so a couple of weeks yet,

It has to do with the server adjustments of the broker. In this case Forex (dot) com.

As far as I remember I had to change also my settings in March 2016, and I live just like you in Europe.

So if you are not in the USA then be aware market will open 1 Hour earlier then normal, until your country or part of the world switched to DST.
This also means reboot your platform 1 Hour earlier.

I've been studying in the background and it's time for me to take the next step and put myself out there with my trading plans. My goal is to publish my plan, entry, and self evaluation everyday so that I can work towards mastering the Paradox. I appreciate all critiques and advice with regards to my plans because I know that they will only help me to fully understand this system faster.

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: High @122.820
Fibo: Down

Notes: Trend is up. Market is 100+ pips above Purple going into today's open. Will the market gap? DB attached to yesterday's bar with purple and green divergence.

H2:
ROMAR - Support
EMA - Support
PSAR - Support

Check List
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: High @122.820 with SAR
Fibo: Down

Notes: Trend is up. Purple and green divergence at SAR/DB attachment. Purple/white cross on last bar putting us in consolidation. Next SAR attachment will be low unless uptrend continues and DB/SAR attaches to a new high bar.

H1:
ROMAR - Support
EMA - Support
PSAR - Support

Check List
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Fibo: Down

Notes: Trend is up. Purple/white cross putting us in consolidation. Last EMA Alert arrow down. Market at PSAR below EMA at close.

News: High impact news at 0730 hours MST on Monday morning (03/13/17).

Final Notes for all three charts: Overall market trend is up. Market open is yet to be determined. Daily market well above Purple. H1 is showing a slowdown of the strong uptrend with last EMA arrow.

Entry: Long: Wait for SAR to attach on H2 in case of a possible retracement down, and then take entry long with H2 and H1 have confluence with regards to PSAR.

Thank you so much for this post and taking the time in doing so. I have spent a lot of time this weekend going over and over this post. Thank you

No problem Retrogue, and you are welcome. I hope it had help you with your plans and seeing your entries better.

Need a little help getting my charts right. I'm in US pacific time and not able to get the GMT off set right. Any help would be appreciated.

Thank,

Chad

Great thread I love it, need to do my reading.
out of curiosity has anyone made this into an EA?

It is a great thread. Read it and you'll get your answer.

Sometimes i laugh & laugh at myself & over the weekend i almost cried & i hurt as i laughed so much.
Thank you Dove. The amount of time you spend with us is certainly appreciated and is being honoured with tenacious endeavour in finding our paths.
No negative trades last week - 1x TP40, 2x TP<40 trades stopped due to interruption by major market news & multiple missed entries because i was lost in the forest & being in a state of ignorance whilst going off the path that Dove has laid before us.

Trying again this week with my plan today as follows:

Date: Eur/Jpy 13-3-17 1345 Sydney Time
CHECK NEWS RELEASE BEFORE TRADING Yes
- if No...... STOP .....do not proceed with Plan
Daily:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing Up
Last EMA Alert Arrow Down
Last DB Attachment 122.873
Fibo up or down Up
Notes: Up trend

2 HR:
OPEN PRICE - 122.66
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Up
Last DB Attachment 122.873
Fibo up or down Down
Notes: Up trend with Smooth sliding under purple & white

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Up
Last DB Attachment N/A on 1hr charts
Fibo up or down Down
Notes: Up trend. Smooth sliding under purple & white.
Market News For EUR/JPY/USA. Eur 2330hrs Sydney

Entry: Long on the H2 open 1400 Sydney.

Looks like i'm too early for DST settings changes. I need to wait until we here move to DST.

Date: 13/03/17 07.16 GMT

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: 122.873
Fibo: up

Notes: The Daily has the 4 horsemen in an up trend with the market above all ,all acting as support. EMA crossed ROMAR. DB / SAR Attachment at the lower high 122.873 together with Magenta dash keeping the up trend intact. Gold and LB Div at the low green fibo 118.225. market out of balance with purple

2 HR:
OPEN PRICE – 122.614 – 122.730
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Up
Last DB Attachment: 122.334
Fibo: down 0

Notes: the 2 hour has the four horsemen carrying on with the Uptrend however running flat. DB/SAR attached at 0 fibo (now red) with Magenta Dash and Green Div.

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Up
Last DB Attachment: N/A
Fibo: down 0

Notes: The 1 hour has the four horsemen also carrying on with the up trend. White has crossed Purple

Final Notes for all three charts: the market is in Full Blown uptrend.
Entry:
Consolidation:
Long: off support In the moment (HOWEVER IT IS LENT)
Short:

NEWS: Draghi speaking at 1.30 GMT

Q: out of curiosity has anyone made this into an EA?
"need to do my reading."

Cntrl F.... search.... Oh dear....

"For those idiots who are looking to make money in selling this system as is or with an EA on the internet. Let me forewarn you: This system is totally and completed protected under the International Copyright Laws. If I, or the many friends I have that look for fools like you; seeing this system being sold then your number is up. My attorneys will come after you. You can run but you can’t hide and when they catch you; you will lose everything and spend many years in prison for infringement upon my copyright. The copyright includes any part, indicators, and derivatives of the Paradox system. This system has been giving away and is not being sold to anyone under my copyright. I suggest very strongly in taking to heart this warning."

Date: 3/13/2017, 06:00 ET

Daily:
ROMAR: Support
EMA: Support
PSAR: Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB/SAR Attachment: 122.873, top
Fibo: Up

Notes: 4 horsemen in full blown uptrend. DB/SAR connection with Magenta and Green Divergence below Fibo 100%.

2 HR:
ROMAR: Support
EMA: Support
PSAR: Support

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB/SAR Attachment: 122.873, top
Fibo: Down

Notes: White and Smooth crossed Purple for the down. SAR attachment below Parabolic uptrend above 23.6 support. DB/SAR connection with Magenta and Green Divergence at Fibo 0% with Magenta price tag.

1 HR:
ROMAR: Support
EMA: Resistance
PSAR: Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Fibo up or down: Down

Notes: 4 horsemen in downtrend, Smooth crossed Purple and White, Parabolic down.

Final Notes: ROMAR uptrend on all charts, Parabolic uptrend on H2 and Daily. Consolidation because of White/Purple crossing on H1 and H2. SAR broke away from DB on H2, attached at the bottom below the Parabolic. News in 3 hours and 30 minutes (ECB president speaks).

Entry: Long with candle open. Let's see what happens.

Trade closed 5 minutes before red news, 18 pips profit. Trade was taken at 23.6 support because of SAR attachment at the bottom below the Parabolic on the 2 hour. ROMAR was support on all three charts. EMA and the Parabolic were in uptrend on the 2 hour as well as on the Daily. On the Daily there was a true trend, a clear full blown uptrend with the 4 horsemen. Were there any risks? I was aware of the imbalance with Purple on the Daily, the White/Purple cross on the 2 hour, and the 4 horsemen with Parabolic in downtrend on the 1 hour. The SL was below the Daily Purple and below the 1 hour ROMAR support, and the TP was below Fibo 0% on the 2 hour, so I took the trade. But as everybody can see on their 2 hour chart, the EMA is very close to Purple now and the Parabolic seems to be flipping. I draw the conclusion that it was not a fabulous idea to go long against the 1 hour Parabolic downtrend which started today, because the 2 hour may follow suit ??

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Notes: Trend is up with imbalanced on Purple.

2 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Notes: 260+ pips for this uptrend. SAR attached at 122.015 for another connection on the topside.

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Notes: H1 in a slider for another hit going north.

Final Notes: All three charts still showing the uptrend with 260+ pips from bottom to top. The Daily is imbalanced with DB/SAR attached on top with the H2 SAR showing another attachment for the top. The H1 is showing a slider for this H2 SAR connection. Trigger will be pulled on the H2 SAR connection for the Daily imbalance.

******************

OK Marian - My trading plan shows you all the questions you have. The problem is your plan was created late. I know the rule says you can create your plan during any session. But I had also highly recommended to create your plans with the 17:00 EST opening. A lot of factors are involved for the reason in creating plans with the 17:00 opening.

1. During London and USD sessions you are completed loaded with economic releases.
2. 17:00 opening is for a 24 hour period and everything is showing what will happen for the next 24 hours.
3. Majority of entries is showing within 0-6 hours of the opening.

To be a successful trader everyone must step out of their comfort zone and recondition themselves for the market. The market will never wait on you.
My plan was showing everything happening before the fact. Your plan was showing the fact with the SAR attached to the top at 122.873. That was your entry but you was not showing the imbalance on the Daily to verify the entry. Also take note my plan had to do with the imbalance waiting on verification for my entry with the H2 SAR.

I hope this helps you.