Belkhayate trading system

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Belkhayate trading system

Belkhayate trading system When you are looking at trading in currency, it can be nearly impossible to find the proper system to use,

Belkhayate trading system When you are looking at trading in currency, it can be nearly impossible to find the proper system to use,

Indicators and Entry Rules

The dynamic COG is the one shown on the price chart: the middle line represents the COG, while the space between the 2 Green lines represent the area where to buy and the space between the 2 Red lines represent the area where to sell.

This indicator uses a mathematical formula developed (polynomial nonparametric regression) to calculate first the center of gravity of a moving stock (blue line), then 3 standard deviations to upwards (red stripes) and 3 down (green stripes).

The amplitudes of these deviations are always proportions of the golden number 1.618.
– The static COG works as confirmation in case one of the situations stated above is matched. To be considered a valid entry, the static COG must be between the lines 4 and 8. The closer it is to 8 (-8), or even better beyond that level, the stronger the

signal is in order to sell (buy)

Tips

– Dynamic COG Direction: enter only trades signals that match with COG direction (eg: cog lines are pointing UP, we are looking for BUYS only)
– Check Market Flow and trade only signals matching with MF direction to drive more odds in your favour
– Different TF analysis! H1 is showing a buy.. but where are we in term of price on H4? is it above or below blue line? what can we expect on longer term?

Take-Profit

The System TP rules are to set it at blue line (dynamic COG middle-line), anyhow most of the time the price runs till further lines, so splitting up the positions, trailing stop etc etc can help maximizing the profit

Stop-Loss

The System uses Pivot’s below (above) the dynamic COG entry-line. What I do is keeping a RR ratio not below 1:2 and look out for possible critical levels around (Trinity extension, Figures, past days S/R, Pivot’s etc etc)
MBFX System.ex4
MBFX Timing.ex4
Timing.ex4
belkhayate.tpl

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