Belkhayate system

[NewFXtrader32897]

Is anybody still using this system? If so, what has been the results per the original rules by Belkhayate? Also can someone tell me what is the original settings recommended by Belkhayate are? Any other indicator that is being use with this system to optimize the results? Thank you.

[semmee]

You can imagine meaning something’s not going right. If the website was doing well I don’t see why they would sell it :T

I also read that the system was not affiliated with belkhayete himself and in the end, it all comes back to nobody knows the truth. You’re just gonna have to try it yourself because it’s always the traders personality that has to match with the strategy. I did have some success on those time frames but I would suggest trying it on demo first to get a feel for it because you win some, you lose some

Can you elaborate on what you mean "you can imagine’? I read somewhere that the MBFX system is not ran or owned by Belkhayate. Do you know if it is or not? I would also like to know if you have experience and success with this system on 4 Hr and daily TF? Thank you.

[SELAHI]

Could you kindly tell if there is an alarm with the timing , and how to set it ,

@CryAgony

THIS SYSTEM HAS BEEN DEVOLOPED BY MOSTAFA BELKHAYATE

I didn’t create this system, it was done by “El Mostafa Belkhayate”, winner of the Gold Trophee 2009 Technical Analyst ( Paris Salon AT), Silver Trophee 2010 Technical Analyst ( Paris Salon AT), and curently CEO at “Belkhayate Asset Management”.

I’m just showing and explaining it to the forum, as I didn’t find any thread on babypips regarding this system, and I thought to open one to share with you all

The creator is French native speaker, and there is not much translated into English on the web, but what i found and studied seems enough to be profitable

Mostafa said that, respecting the signals, this system has a 80+% ratio of success.

Let’s get into it!

It’s based on Center of Gravity and can be applied ot any market and any timeframe, althoguht I’ve seen it used for the most on H1 and H4

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)

In the next example is materalized what explained above

Attached at the end of this post you’ll find a third indicator as well, that represents the static COG, just with a line instead of candles. I find it a great further confirmation checking for divergences with price, when the main 2 entry rules are matched of course

Have a good one!

[LydiaH]

Hi Brettsinclair,

I found that all your videos are unavailable?

Thanks.

hello everybody

here is a new video explaining how i use now the belkhayate system with a few examples…and new indicators
once again, sorry for my english wich is sometimes " hazardous " lol…i did some mistakes in my explainations but i m sure you will understand…
i also apologize because of some sound alerts comes during the video…lol

trade news - YouTube

good trades to all
bye

[ForexNewbie1]

Tried this system with not so great results. I even tried to trade with the trend but overall kept losing. For instance it would say sell, i would sell then the price would go up, it would retract and say sell again and then it would carry on going up. One session involved 4 short trades which were all stopped out. The only thing i can advise maybe is to use overbought and oversold areas for entry but still, it’s very unreliable from experience myself. Maybe the system is just not for me.

[iandjx]

Use price action signals and other indicators to supplement the signals given by the system.

[Qw3rty]

yes u re right
what dont u use the zigxard pointer ? it doesnt repaint on D1 ( or not a long time) and u will have a very good signal to enter
anyway , i have already entered on GBP/USD…but i should have wait…lol

bye

This seems to be quite an impressive indicator. I also use it with the 3 Level. Is there a non repaint one? The reason I ask is for back-testing and seeing how it plays out. Thank you

[Alisho]

Hey guys… thanks for the system…

Has someone the zigzag indicator with the circles? On the package of brettsinclair was only one with an arrow.

[GlennFx]

Hi CryAgony… where can i get the market flow indicator…?

[lexys]

Tried this system with not so great results. I even tried to trade with the trend but overall kept losing.

Since this old thread’s been bumped, today, I’ll take the opportunity to mention that that was also [U]exactly[/U] the experience of a friend of mine (a former institutional trader from [I]Crédit Agricole[/I]) who tested this system out for 6 months on a demo account: it was a pretty-much unremitting story of losses. Proceed only with [B]great[/B] caution! :31:

[splid80]

Anyone still using the Belkhayate system as described here with success?

[cenebris]

I tried mbfx in recent 2 weeks. H1, H4, D1 on most pairs. I read pdf and info on this thread several times and I burnt 3 demo accounts (200 USD, 1:500, 0.01 lots). First day I had almost 100% wins, however in other days 70-80% of trades ended in losses. Perhaps I’m doing something wrong?

[cenebris]

@CryAgony how do you determine trend on lower tf for confirmation? Lets say on H1 price is in green zone, Timing indicator changed color, then you go to M15 and look at trend. It means you look at price position according to blue line (over/under)? Or you look at COG ‘canal’ if it goes up/down? Could you clarify? Thank you

[cenebris]

So it seems nobody is using it anymore?

[Jonardanjordan9]

The Best Forex Trader In The World. … Breaks Silence to Reveal His Best Forex System That Enables Anyone With No Experience to Make Huge Shocking Amounts of Money Trading the Forex Market Like a Pro

[iankhr]

Hi, can your kindly share your mbfx version with the 1,2,3 scalping dots I try it out, thanks in advance.

[iankhr]

Hi, can your kindly share your mbfx system I try it out, thanks in advance.

[iamnotjustaprettygirl]

Thank you very much for sharing this indicator. Much appreciated.

[kusto99]

my MBFX lines went away after the new year started. The timing indicator still works but not the lines to indicate entries and Tps. I will upload a photo

[Andy1154]

hey, I uploaded the indicators to my MT4 but the COG didn’t show up.
and can you please share the course with us I understand a little bit of french
thanks a lot