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Mar 28, 2008 7:29am #7201

Factory Sponsor
Member Since Jul 2007
Posts: 92
Freddyfx
Member

COG

Quote:

Originally Posted by kiluvys

hi Fred how do you use this indi???

I copy from the FXAW forum:

Center of Gravity Indicator Settings:

The COG indicator that was posted is the same one both you and Forex Optimist are using. Since it's a bezier curve, if you make
it longer by increasing the bars_back variable, it will "stiffen" the curve. But if you increase the "m" setting to say 3 or even 4,
the curve can still be long, but with greater flexibility on price reversals.

The settings I'm showing in the picture are:

H1 chart, bars_back = 240
m=4
i=0
kstd = 1
sName = 500

If you run it on the backtester in fast forward visual mode you'll see how this thing behaves -- it's way different than an SMA or
EMA. It produces a dynamic centerline / spine that price always comes back to, and the parallel lines offer excellent S&R lines
where price can bounce off or pierce -- almost a dynamic Fibonacci. The outside parallel lines stay fixed to the kstd value, but
the inside parallel lines adjust to highs and lows of price, kind of like ATR does. But, if all you want to use is the centerline, you
can certainly set the color of the parallel lines to "none" like FO did. I personally am starting to see a lot of merit to the parallel
lines the more I study S&R & how they can even define consolidatiion periods -- could be useful as an entry and exit device in
themselves.

http://www.forexfactory.com/showthread.php?t=63635&page=481 (1 of 11)4/4/2008 4:03:20 AM

OzFx System:) - Page 481

Since the COG is flexible and subject to the settings you choose, be sure not to mistake it as a trend indicating tool by itself -- it
needs constant confirmation using other trend devices to make sure the curve is headed in the correct direction (EMA crosses,
etc). However, once confirmation is in place, this is a good tool to show the centerline of price.

Lastly, here's an awesome article on Belkhayate's center of gravity method -- great learning here (at least for me, anyway) --
http://www.belkhayate.ma/en/outils.php

Search Forums Have a happy,

Keywords: Shawn Ambrose

pfgroup

Search Titles Only Hope this helps.

User Name:
Freddy

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Posts Go Mar 28, 2008 7:44am #7202

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Sort Results by: kiluvys Member Since Mar 2008

Posts: 6
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Any Date thank you Fredd!!!

and Newer one more question ..Barcode said on the post:

Search in Forums:
Using the Center of Gravity indicator and only taking buys which are below the blue line and sells that are above the blue line
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Subscribed Forums Using the Center of Gravity indicator and only taking buys which are below the green line and sells that are above the green line
Forex Discussion
Trading Systems My question is :in the indi i can see two green lines ..so wich one do you use ???
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Mar 28, 2008 8:06am #7203

fxykl Member Since Dec 2007

Posts: 44
Member

http://www.forexfactory.com/showthread.php?t=63635&page=481 (2 of 11)4/4/2008 4:03:20 AM

OzFx System:) - Page 481

Quote:

Originally Posted by yen44x

My suggestion would be to go to a micro-lot account. Then you could trade the equivalent of 2 mini-lots and the broker
could close the trade at OzFX TP increments. That would also solve your question of reducing the pairs.

May i know how to changed to micro-lot? can we do it at our demo account in MT4?

Mar 28, 2008 8:08am #7204

Member Since Jul 2006

Posts: 36
Barcode
Member

Quote:

Originally Posted by kiluvys

thank you Fredd!!!

one more question ..Barcode said on the post:

Using the Center of Gravity indicator and only taking buys which are below the blue line and sells that are above the
blue line

Using the Center of Gravity indicator and only taking buys which are below the green line and sells that are above the
green line

My question is :in the indi i can see two green lines ..so wich one do you use ???

You only take sells where the price is above the blue line or above the top green line. And you only take buys where the price is
below the blue line or below the bottom green line.

Mar 28, 2008 8:13am #7205

http://www.forexfactory.com/showthread.php?t=63635&page=481 (3 of 11)4/4/2008 4:03:21 AM

OzFx System:) - Page 481

Member Since Dec 2006

Posts: 714
yen44x
I've got a yen for forex . . .

Quote:

Originally Posted by fxykl

May i know how to changed to micro-lot? can we do it at our demo account in MT4?

It depends whether your demo broker offers micro-lot accounts. If so, just change your Lot_Size setting on the EA to 0.05 and
you will be trading 5 micro-lots.
__________________

Pips for pesos . . . La vida buena en Guanajuato

Mar 28, 2008 8:25am #7206

fxykl Member Since Dec 2007

Posts: 44
Member

is there a way to tell? i am using ODL, so does it comes with the setting?

Mar 28, 2008 8:26am #7207

IMsaying Member Since Feb 2008

Posts: 53
Member

http://www.forexfactory.com/showthread.php?t=63635&page=481 (4 of 11)4/4/2008 4:03:21 AM

OzFx System:) - Page 481

Hi Yen, need some informaion here:)

Havn't been to this threads for somedays. I turn back for 5 pages and didnt find the answer to following, so can I clearify this
with u
you use FXDD as a broker, I think it give H4 signals 2hr before and after ODL, right?
you trade only 6 pairs with different SL and TP. (I remembered you used to trade 9 pairs, those 3 were not good??
since the Sto and AC repaint during the candle, so would the EA open a trade during "4 hours" or it only triggered at the
begining of every 4hrs?
thank you

IM

Mar 28, 2008 8:29am #7208

chemfly Member Since Jul 2007

Posts: 3
Member

Quote:

Originally Posted by Barcode

You only take sells where the price is above the blue line or above the top green line. And you only take buys where the
price is below the blue line or below the bottom green line.

Excuse me

I cant understand this

__________________
Where is my pips?

Cash and Pips...

Mar 28, 2008 8:29am #7209

Member Since Dec 2006

Posts: 714
yen44x
I've got a yen for forex . . .

http://www.forexfactory.com/showthread.php?t=63635&page=481 (5 of 11)4/4/2008 4:03:21 AM

OzFx System:) - Page 481

Quote:

Originally Posted by fxykl

is there a way to tell? i am using ODL, so does it comes with the setting?

I think someone mentioned on the thread that ODL does not offer micro-lot trading, but you may want to verify that with them.

If this is a demo account we're referring to, just change brokers. FXDD offers micro-lot trading for example.
__________________

Pips for pesos . . . La vida buena en Guanajuato

Mar 28, 2008 8:33am #7210

Member Since Dec 2006

Posts: 714
yen44x
I've got a yen for forex . . .

Quote:

Originally Posted by IMsaying

Havn't been to this threads for somedays. I turn back for 5 pages and didnt find the answer to following, so can I
clearify this with u
you use FXDD as a broker, I think it give H4 signals 2hr before and after ODL, right?
you trade only 6 pairs with different SL and TP. (I remembered you used to trade 9 pairs, those 3 were not good??
since the Sto and AC repaint during the candle, so would the EA open a trade during "4 hours" or it only triggered at the
begining of every 4hrs?
thank you

IM

Usually there's a 2-hour difference, but temporarily it's 3 because the U.S. went on Daylight Savings Time earlier than London. It
will be back to 2 hours when London goes to Summer Time.

It's not that the 9 weren't working. I just felt 6 pairs provided enough variety, and less chance of being over-invested in any
single currency.

When the EA opens a trade depends on what your setting is on the Trade_Window. The default is 5, so it will look for trade
signals the first 5 minutes of every candle.
http://www.forexfactory.com/showthread.php?t=63635&page=481 (6 of 11)4/4/2008 4:03:21 AM
OzFx System:) - Page 481

__________________

Pips for pesos . . . La vida buena en Guanajuato

Mar 28, 2008 8:42am #7211

IMsaying Member Since Feb 2008

Posts: 53
Member

your r always so nice

thank you for quick reply

I'll download a FXDD since I dont quite get ur words
Quote:

Originally Posted by yen44x

Usually there's a 2-hour difference, but temporarily it's 3 because the U.S. went on Daylight Savings Time earlier than
London. It will be back to 2 hours when London goes to Summer Time.

It's not that the 9 weren't working. I just felt 6 pairs provided enough variety, and less chance of being over-invested in
any single currency.

When the EA opens a trade depends on what your setting is on the Trade_Window. The default is 5, so it will look for
trade signals the first 5 minutes of every candle.

Mar 28, 2008 9:08am #7212

Member Since Feb 2008

Posts: 128
kimmy
Member

http://www.forexfactory.com/showthread.php?t=63635&page=481 (7 of 11)4/4/2008 4:03:21 AM

OzFx System:) - Page 481

Quote:

Originally Posted by Ronald Raygun

No, not for all EAs. As for the settings issue, I believe "to each their own".

I don't like posting my settings because some people take them, blindly attach it to their live accounts, and then blame
me for losing money.

Fair enough !

Mar 28, 2008 9:10am #7213

Member Since Feb 2008

Posts: 128
kimmy
Member

Quote:

Originally Posted by jeta

Amazing. Huge thread, supposedly awesome results, yet no one has to balls to 3rd party it on collective2...

Am I missing something?

Charm !

Mar 28, 2008 9:51am #7214

Member Since Feb 2006

Posts: 312
brainjt
brainjt

http://www.forexfactory.com/showthread.php?t=63635&page=481 (8 of 11)4/4/2008 4:03:21 AM

OzFx System:) - Page 481

Hi Could you please attach. tpl? where is COG?

Quote:

Originally Posted by Barcode

I’ve been testing DGC’s EA on 4hr charts and heard about an indicator called ‘Center of Gravity’ so I decided to see how
it filtered the results. It plots a bezier curve to represent the center of gravity of price (based on Belkhayate's concept).
Using DGC’s EA (and 200sma) I got the following results on a $1000 mini account at IBFX:
48 trades, 36 wins, win percentage 75%, 7411 pips and P/L of $480.34

Using the Center of Gravity indicator and only taking buys which are below the blue line and sells that are above the
blue line got the following results:
31 trades, 27 wins, win percentage 87%, 6334 pips and P/L of $607.99

Using the Center of Gravity indicator and only taking buys which are below the green line and sells that are above the
green line got the following results:
16 trades, 15 wins, win percentage 93.75%, 5307 pips and P/L of $593.03

The green line trades give fractionally less profit but a higher win percentage so you can use a higher risk percentage
and so generate a larger profit.

Below is a screen capture of the Center of Gravity indicator. I’ve attached a copy of the indicator. I’ve also attached a
spreadsheet showing the results for all 3 methods. If you are testing the DGC EA on the 4hr your results may be a little
different from mine as I usually put a manual trailing stop on the 5th trade when the other 4 have been closed.

Edit:
I use the following inputs for the COG indicator:
bars_back - 240
m-4
i-0
kstd - 1
sName - 500

http://www.forexfactory.com/showthread.php?t=63635&page=481 (9 of 11)4/4/2008 4:03:21 AM

OzFx System:) - Page 481

__________________
BJ

Mar 28, 2008 9:51am #7215

Member Since Feb 2008

walewhat Posts: 25
Member

I use it on 4hours chart

OZFx,

what if the news comes before my profit even if am still negative, and am using 4hours chart, pls what do i do?

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