which is why people always say paper trade first srsly everyone should paper trade for at least a month to learn a new strategy before deciding if it is suitable for them or not.

My own developed benkyalate system

Hi oan, could you please explain how the last 2 templates work? Or maybe etrader can help us if you understand arabic? Regards.

My own developed benkyalate system

gbp/chf 4h obama — image didn't wait for candle to close. but i zoomed into 1min tf to confirm the retrace. thats why i entered earlier. stochs indicate long, all signals indicate long. entered with 0.2 lot. tp is at center line. sl is 20% ...

My own developed benkyalate system

Similar to you op, I've been scouting for a good broker. So far I have heard lots of ups and downs and horror stories out on the internets. I'm also considering alpari and ibfx. I don't know about alpari but I know they have an alpari-us as well. ...

IBFX or Alpari UK

Lol I only used this system for 2 weeks. I started with a 50k demo account. I'm currently about 70k. I've never taken any trades bigger than 2 lots. The figure is quite low because I have been experimenting with lots of things (martingales, ...

My own developed benkyalate system

I think I should post this as well. This is what happens when the trend is changing. As you know, cog repaints. when i took the trade, the trend was going down. I placed a short. Again, the trade went against me. The difference here compared to my ...

My own developed benkyalate system

pic 1: image pic2: image Scalping on 1 min using obama template. 1)entered here because of signal. trade then went against me. 2)because of martingale theory, took a 2nd trade here with double the lot size. 3)took profit when candle reaches the ...

My own developed benkyalate system

it is not a good signal yet. it is certainly one to watch. for the cog to be effective, it must be supported by at least 2 other indicators. one of them must be the candle average. the other is usually up to preference. some people like to use ...

My own developed benkyalate system

the cog indicator repaints. so you cant backtest. because the cog repaints, you cant use it by itself, hence the other 2 conditions that has to be met (which is the candle average and the timer function).

My own developed benkyalate system

then find a way to get the practice you need so much. if there is a will there is a way.

My own developed benkyalate system

The different templates are just variations of the settings on the cog. some templates are more responsive and some are not as responsive. The candle average settings are similar if im not wrong. no right no wrong. I used godfather most of the time ...

My own developed benkyalate system

Please take what I'm about to say in a positive way. I assure you I'm not flaming you. I was somewhat in your shoes 6 months ago (which is when I started trading). The truth is, this battle is in your own mind. Eg: 1)would you prefer to make money ...

My own developed benkyalate system

I work a day job too. The 4h tf is really great for me. It allows me to put the trade and then I can just forget about it till the end of the day. I check it when I have free time (like lunch) and when I get home. Problem is, to find a good trade, ...

My own developed benkyalate system

hi oan, how can i apply this on other markets? what program and what brokers are you using? or must i manually configure it on a program? if so, what program can you recommend?

My own developed benkyalate system

no particular likes or dislikes. i was just testing every aspect of the system. so happens that i started the trade with godfather template. soon after oan released the obama template and i decided to test it out. so ill probably be using the obama ...

My own developed benkyalate system

sup guys, remember what i said about believing in yourself? the trade went my way. all the losing positions turned into winning positions. some of the positions i have already closed due to my stop loss. but right now, im up 10k i will probably ...

My own developed benkyalate system

btw oan, i still need to confirm the timing indicator for your obama template. to buy: time indicator: - green circles, line is green, facing down, at .81 level to sell: indicator :- green circles and blue lines or blue circles and blue lines (all ...

My own developed benkyalate system

hey man, i got the same results as you. i was trading the same pairs as you. the trades that i took went against me as well. however i am still in position and im currently around breakeven. all i can say is this: 1) you must believe in yourself. if ...

My own developed benkyalate system

hi oan, i dont understand the time indicator. according to your guide, it says "time indicator at .81". does this mean we should wait until the time indicator hits .81 to enter? please clarify? im having trouble unerstanding this indicator. happy ...

My own developed benkyalate system

there are a few ways to look at this: 1) even though you make less, you are still making money. when you get 3 candles, you are confirming that the trade will go your way. who cares if you make less money... 2) indicators by nature lags, if there is ...

My own developed benkyalate system