FREE FOREX STRATEGIES

Scalping system #11 (The Center of Gravity)


Submitted by Ashur

Alright first of all, I just want to say the indicators that i'm going to post and show are not mine so i take no credit for them. The center of gravity indicator was created by Oan. The idea is based on Mostafa Belkhayate's system. Also the sweet spots indicator was taken from "Patrick Bourgeois" with his submission of "Trading by Psychological Levels". So I'm going to upload all the indicators, and all you do is, put them in Metatrader/Experts/Indicators folder. Im also going to upload the template so all you have to do is load the template.

The rules are these:


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Hi Titi,
Hopefully there will be people who can help.
I don't know how to do it, sorry.

Regards,
Edward

Hi,
Who knows how to create the COG tool in the Prorealtime charting pacquage.

Thanks

Titi

for anyone interested in joining us in our COG specific skype chat, please contact me . BUT , before entering please read all that was written here and test the COG for at least 1 week. we want to work on COG specific strategies, also with use of other techniques, so this is not a beginner how- to course .

my email: nu-gb(at)live.de

Lud

hi chamane..can u share yur indicator candle average..can u pls email to me at rulzqd(at)yahoo.com..thank you

Try looking at 5 min or 1 minute chart - you'll see that those sweet spot lines come at certain price levels. I think you can also edit price preferences in the indicator settings.

Thomas

I can load the 3 programs into my Metatrader 4, but when I add "Sweet Spots" it form a massive amount of horizontal lines, please advise

Let me also answer your question about COG.
COG is an indicator to help visualize a trend rather than take direct trading advice.

So, if you saw COG heading down, you can take it as an advise to Sell while asking for a final signal from your entry strategy or indicator. When COG change direction while you're in a trade, I'd say, not a big deal. It is an advice to you to look for exits, but not an immediate signal to exit.

Thomas

Hi Zaatar,

I totally support you, leaving comments unmoderated annoys even me =)
But, we're people too, and need to rest on weekend, although users like to leave lots of comments exactly on weekends =)
Without moderation, this site would be badly abused. You don't see what we have to go though sometimes during spamming attempts.

So, we're neat and clean, but it comes at a cost of keeping posts on the wait list for a day or two at most. Thank you for your understanding!

Have a great day!
Thomas (mod)

P.S. We've opened a Forum, where you can join our growing community and post comments directly after completing a quick registration.

To the Moderator,
I found this forum very interesting and I thank people who are using their free time to maintain it. I have however a remark if you dont mid: It is a good idea to moderate the posts but I feel that you dont have time for that. I sent a post several days ago but it is still not yet published on the forum. Please either let people publish directly their posts or if you want to moderate dont just leave the forum for several days.
Thank you
Zaatar

Could somebody explain what to do if the COG is down and you enter a trade SHORT then the COG after some time change direction
Zaatar

hey manus168,

which of these files should be copied in which folder? there are so many files in your zip file, i just don´t know how to handle these.

thanks for your help.

Lud

that thread has a few entries in it now and i put some code in there for testing and looking for suggestions

here is the latest file

CenterOfGravity2test.mq4

version .30
need some suggestions about making it better
thanks

i have made a thread on the forum
http://forums.forex-strategies-revealed.com/the-center-gravity-mt4-exper...

i will take a look at the cog 2 and implement it into script/expert advisor

regards
Hans

This website works as a separate portal and is not a part of the forum.
Unlike with forum, the website no longer supports user registration, which means everyone who comments and doesn't leave his/her name in the comment is shown as "User". Also, unlike in the forum, here, all comments go through moderation before being published. It is, unfortunately, a necessary measure to keep this website in a good health.

Thomas
(moderator)

this is edlogic - i don't know how to get my user name to be put in this web page posting - it just says user -

thanks for the code Hans - i will check it out and try to work with the cog 2 code -

did you try the cog2 ? - i like it better .

i joined the forum and logged in - and i looked for this thread and did a search for center of gravity but could not find it

i guess this is an article comment and not part of the forum ?

how do i get a user name to show when i put a comment instead of ' user ' ?

thanks


 

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