I would say price is about to reverse in both cases. It looks like it doesn't go past dotted red or green lines very often for those pairs. Chamane

My own developed benkyalate system

Here is another case. The COG lines are just starting to go down so barely any slope. But price is touching the red line and timing indy is overbought, Stochastic signaling downwards move. I placed a pending sell order with stop level at the dotted ...

My own developed benkyalate system

COG slope — etrader, I enclosed a picture showing COG lines with a high angle. I would not think it is too high, but I am having doubts about it. The Timing indicator is showing overbought so I am waiting the Stochastic to confirm a downwards ...

My own developed benkyalate system

Noskool, You are probably right, but at some times it looks like the system is not ready to be used and people are trying all sorts of settings to see what happens. This one is hard to follow because COG is repainting so you have to be there live to ...

My own developed benkyalate system

Thanks for answering. I think this is the system I will be using live. But I am not 100% about it right now, too many questions not answered yet. I liked your version on Strategy Revealed, but got busted on a couple of occasions during some news. ...

My own developed benkyalate system

etrader, Many thanks for your answers and patience... This technique is not that simple, but I want to give it a chance since it is used to manage huge funds by Belkhayate himself (although I know people who have trusted blindly financial gods who ...

My own developed benkyalate system

Ashur, Thanks for leading with others this thread and keeping it alive. I would like to know if you use the other indicators in your Orabi template. You don't seem to in your description of rules. What's the importance of those indicators? I would ...

My own developed benkyalate system

Thanks. I started looking at a system similar to this one but for 5 min charts and ended up on this thread after googling for further information. I don't mind any timeframe as long as I find it profitable. Chamane

EOD trading system

Thanks. I wasn't sure about time of entry. Will check retracement on shorter timeframe next time. Chamane

EOD trading system

Sorry for replying to myself. I just want to make sure I am entering at the right moment, it is quite important. On the picture, I launched four trades from what I think are valid signals. Was it the right moment? I entered the market at 18:40 ET, ...

EOD trading system

Hi, I followed this thread with great interest. I was practicing with similar scalping system for 5min charts. So if I recap correctly: enter long: - cci(40)>0 - stochastic(5,3,2)<50 with basic line on top of signal line - closed bullish candle (if ...

EOD trading system

Thank you for the comment. That valuable information should have been given in the first posts. I think the COG is relatively unknown compared to other indys. I had not given it enough attention as I am looking at few setups at the same time. Thanks ...

My own developed benkyalate system

So I suppose it's good for 5 min up TF. I tried StepRSI (8,5,10) and it seems to be following price quite good on 5 min. chamane

The RSI Trade

Nice thread! Has anybody tried with 1 min charts? What are the settings for Step RSI? Thanks Chamane

The RSI Trade

Thanks. That surprises me. I thought narrow bands meant steeper slope and therefore a greater momentum or something like that. Isn't when there is the largest possible bandwith that the lines are flat and we can anticipate a reversal in trend? ...

My own developed benkyalate system

I would like to know how important is the angle of the COG lines. Like in the picture, the first two frames show the COG lines starting to go sideways (so the angle is decreasing) whereas in the two down frames, the lines are clearly heading down ...

My own developed benkyalate system

Thanks a lot! I knew somebody would have thought about that... Chamane

My own developed benkyalate system

Off Topic — While discussing off topic systems, here's one I am thinking of. I don't want to start a thread on it, I just want to know if I am completely off the track or not. If you look at the picture, you see three currency pairs with the ...

My own developed benkyalate system

I usually trade from 8:00 to 16:00 ET.

My own developed benkyalate system

Also, I wanted to talk about stop losses. I don't know if you came up with something recently, but I personally don't like not using SL, especially with real money... I am not confident enough in my trading right now. What would you think of 100 ...

My own developed benkyalate system