OzFx System :) 100-800 Pips Per Trade

[myrtleturtle 10]

Oz.Fx:

 

whats an "Oz special" ?

your site refers to a "squeeze-more" and its rules, but no reference to a "special", unless they are the same thing.

or is the "special" a black-box?

 

thanks

[Trader333 10]

Oz.Fx,

 

Thanks for posting the Tradestation ELD file. Is it possible that you can post an ELA or ELS version of this as I use TS2Ki and it cannot read ELD files. Or maybe post the actual lines of code as I can adapt it from there ?

 

Thanks

 

 

Paul

[Blu-Ray 10]

Oz.Fx,

 

Thanks for posting the Tradestation ELD file. Is it possible that you can post an ELA or ELS version of this as I use TS2Ki and it cannot read ELD files. Or maybe post the actual lines of code as I can adapt it from there ?

 

Thanks

 

 

Paul

 

Here you go Paul.

 

//Acceleration/Deceleration Technical Indicator (AC) from Awesome Oscillator Technical Indicator (AO)

inputs:

Len1(5),

Len2 (34),

Price ( (High + Low) /2),

CutOff(0), UpColor(Green), DnColor(Magenta);

 

 

vars:

AO (0), AC (0);

AO = Average (Price, Len1) - Average (Price, Len2);

AC = AO - Average (AO , Len1);

Plot1( AC , "AC1");

Plot2(CutOff, "CutOff");

 

If Plot1>Plot1[1] then begin

plot1[1](Plot1[1],"AC1",upcolor);

plot1(Plot1,"AC1",upcolor);

end else begin

 

If plot1<plot1[1]then begin

plot1[1](Plot1[1],"AC1",dncolor);

plot1(Plot1,"AC1",dncolor);

 

end; end;

 

 

if Plot1 crosses above Plot2 OR Plot1 crosses below Plot2 then Alert;

 

{

 

Calculation

AC bar chart is the difference between the value of 5/34 of the driving force bar chart and 5-period simple moving average, taken from that bar chart.

 

AO = SMA(median price, 5)-SMA(median price, 34)

AC = AO-SMA(AO, 5)

 

Where:

SMA — Simple Moving Average;

AO — Awesome Oscillator.

 

 

Acceleration/Deceleration Technical Indicator (AC) measures acceleration and deceleration of the current driving force. This indicator will change direction before any changes in the driving force, which, it its turn, will change its direction before the price. If you realize that Acceleration/Deceleration is a signal of an earlier warning, it gives you evident advantages.

 

The nought line is basically the spot where the driving force is at balance with the acceleration. If Acceleration/Deceleration is higher than nought, then it is usually easier for the acceleration to continue the upward movement (and vice versa in cases when it is below nought). Unlike in case with Awesome Oscillator, it is not regarded as a signal when the nought line is crossed. The only thing that needs to be done to control the market and make decisions is to watch for changes in color. To save yourself serious reflections, you must remember: you can not buy with the help of Acceleration/Deceleration, when the current column is colored red, and you can not sell, when the current column is colored green.

 

If you enter the market in the direction of the driving force (the indicator is higher than nought, when buying, or it is lower than nought, when selling), then you need only two green columns to buy (two red columns to sell). If the driving force is directed against the position to be opened (indicator below nought for buying, or higher than nought for selling), a confirmation is needed, hence, an additional column is required. In this case the indicator is to show three red columns over the nought line for a short position and three green columns below the nought line for a long position.

 

 

}

 

 

Hope this helps

 

Blu-Ray

[Trader333 10]

Thank you very much Blu-Ray this is appreciated.

 

 

Paul

[OzFx 10]

Hello Friends,

 

Here is the update from recent trades.

 

1. Oz Special:

 

EUR/USD - Long: Third lot closed at +150.

 

USD/CHF - Short: First lot closed at +50.

 

GBP/USD - Long: First lot closed at +50. Rest of the lots closed at BE.

 

2. Daily Signal:

 

EUR/CHF - Short: First lot closed at +50. Rest of the lots closed at BE.

 

GBP/CHF - Short: Fourth lot closed at +200. Still holding the last lot.

 

AUD/JPY - Long: Third lot closed at +150.

[OzFx 10]

Hello Friends,

 

 

Here are the free forex signals for today:

 

1. Oz Special:

None

 

2. Daily Signal:

USD/JPY - Long

3. AES Signal:

EUR/USD - Short

 

 

Entry price is as per ODL FX Demo MT4. For TP and SL

Edited May 28, 2008 by OAC

[OAC 10]

Hello Friends,

 

 

Here are the free forex signals for today:

 

1. Oz Special:

None

 

2. Daily Signal:

USD/JPY - Long

3. AES Signal:

EUR/USD - Short

 

 

 

Can you post some charts and explain what you are doing ? Just posting your signals here everyday provides little educational value . Otherwise, I 'd have to move your posts to the Traders Log section

[cowpip 10]

Can you post some charts and explain what you are doing ? Just posting your signals here everyday provides little educational value . Otherwise, I 'd have to move your posts to the Traders Log section

 

 

OAC, I don't follow this strat much, but I do believe OzFx has his own web site where he explains the details of his strat with some examples. I believe the web site is: www.ozfx.com.au.

 

Happy hunting.

[OAC 10]

OAC, I don't follow this strat much, but I do believe OzFx has his own web site where he explains the details of his strat with some examples. I believe the web site is: www.ozfx.com.au.

 

Happy hunting.

 

 

Then they should be posted here as well, otherwise Traders Log here we go. This thread title is got to go too, unless he can provide verifiable statements.

[cowpip 10]

Then they should be posted here as well, otherwise Traders Log here we go. This thread title is got to go too, unless he can provide verifiable statements.

 

Like all systems, his system has its pro's and con's. When I first examined it a few months ago, the style used didn't sit well with me and the risk to reward seemed too low to be worth the risk. But then that's just me. There are others who seem to like his methods. Kudo's to them if they can make it work to their benefit.

 

If he posts here, he should respond too, otherwise this thread is just a headless announcement-system for his own blog entries. Maybe someone reading this could encourage him to support this thread with some feedback? Otherwise, I would support your call for this thread to be closed.

[OzFx 10]

Hello Friends,

 

 

Trades from this morning has made +150 pips so far. Here is the update from recent trades.

 

 

1. Oz Special:

EUR/USD - Long: Third lot closed at +150. Last Lot closed at BE.

USD/CHF - Short: First lot closed at +50. Rest of the lots closed at BE.

 

2. Daily Signal:

USD/JPY - Long: Second lot closed at +100.

AUD/JPY - Long: Third lot closed at +200.

GBP/CHF - Short: Fourth lot closed at +200. Exiting last lot at +140

 

3. AES Signal:

EUR/USD - Short: First lot closed at +50.

 

 

Cheers,

OzFx

[OzFx 10]

Hello Friends,

 

 

Here are the free forex signals for today:

 

1. Oz Special:

None

 

2. Daily Signal:

EUR/USD - Short

USD/CHF - Long

3. AES Signal:

EUR/CAD - Short

 

 

Entry price is as per ODL / Interbank FX Demo MT4. For TP and SL please read here.

 

 

We will discuss the signals here.

 

Cheers,

OzFx

[OzFx 10]

Hi guys,

Since I made the system public it has grown very big very fast. I am unable to visit all forums and reply to all questions by myself. I rely on others who have mastered to help each other. Most of the questions are repetitive and answered either on http://www.ozfx.com.au/faq/ page or discussed on other forums several times over.

 

These days I am only able to respond to via email that too when I get time. Apologies for not helping out everyone in a timely manner.

 

Cheers,

Oz

[OAC 10]

Ok Oz, looks like you have been more active in the other forums, or rather they have been more active in this discussion since February.

[OzFx 10]

Trades from this morning has made +300 pips so far. Here is the update from recent trades.

 

 

1. Daily Signal:

 

EUR/USD - Short: Second lot closed at +100.

 

USD/CHF - Long: Second lot closed at +100.

 

USD/JPY - Long: Second lot closed at +100.

 

AUD/JPY - Long: Third lot closed at +200. Currently at +250

 

 

2. AES Signal:

 

EUR/CAD - Short: Second lot closed at +100.

 

EUR/USD - Short: Second lot closed at +100.

 

 

Regards,

OzFx

www.OzFx.com.au

[OzFx 10]

Hello Friends,

 

 

Here are the free forex signals for today:

 

 

1. Oz Special:

None

2. Daily Signal:

GBP/USD - Short

EUR/CHF - Long

3. AES Signal:

None

 

Entry price is as per ODL / Interbank FX Demo MT4. For TP and SL please read here.

[OzFx 10]

Hello Friends,

 

 

We had an excellent week with a total of +1950 Pips and we still have 5 trades running in profit. Later in the weekend I’ll send a summary of all trades for the month of May. Below is an update of most recent trades (for complete list please see my previous “Trade Update” posts)

1. Daily Signal:

USD/JPY - Long: Third lot closed at +150.

EUR/USD - Short: Third lot closed at +150.

USD/CHF - Long: Third lot closed at +150.

AUD/JPY - Long: Fourth lot closed at +200.

GBP/USD - Short: First lot closed at +50. Rest of the lots closed at BE.

EUR/CHF - Long: Currently at -82

2. AES Signal:

EUR/CAD - Short: Fourth lot closed at +200.

EUR/USD - Short: Fourth lot closed at +200. Last lot closed at BE.

Cheers,

OzFx

[OzFx 10]

Hello Friends,

 

Hope you all had a great weekend. I am going to wait and see how market develops today and would refrain from taking any new positions. Last month we had an excellent run and later today I'll send an summary of those trades. Please also note that there will be a special announcement regarding the signals tomorrow, so do make sure that you read the email.

 

Also note that there is holiday today in New Zealand, however if won't not affect the market that much in case if you decide to place trades.

 

Enjoy your day

Oz

[OzFx 10]

Hello Friends,

 

We had an outstanding month with +2980 Pips in the month of May. There were total 32 trades out of which 27 were winners.

 

Here is the breakdown per signal type.

 

1. Daily signals: 15 wins out of 16.

2. Oz Special: 7 wins out of 9

3. AES Signals: 5 wins out of 7

 

You can download the detailed spreadsheet here.

 

Cheers,

Oz

[OAC 10]

Please also note that there will be a special announcement regarding the signals tomorrow, so do make sure that you read the email Enjoy your day

Oz

It is not going to be a paid subscription of some kind, right ?

If you are that good, you should be running a fund.

[Moyyim 10]

It is not going to be a paid subscription of some kind, right ?

If you are that good, you should be running a fund.

 

 

Yep..(surprise,surprise).. - $249 / month

 

The "Managed Accounts" he's running don't seem to be getting quite the same "performance" results as he claims.

 

http://www.ozfx.com.au/forum/viewtopic.php?f=2&t=460

[thrunner 10]

Thanks for the update. It is probably illegal for OzFx or Evelyn to manage accounts for US clients unless he or she is licensed to do so.

 

It is also a little unethical to post all the high positive pip counts and profitable trades without some independent tracking service such as Collective2, which is free and easy to use. Perhaps OzFx has tried and failed on Collective2 :

http://www.collective2.com/cgi-perl/systems.mpl?want=publicdetails&systemid=19539489

 

Some views from another forum

Did I say it wont produce profits?I said its not worth paying money for the signals.

Flipping a coin can produce profits.But would you pay someone $250 a month to flip the coin for you?

Have a look on here he/she was trying to start a system only in November last year on collective2.That failed.

http://www.trade2win.com/boards/trad...check-out.html

No one with any logical thought process is saying a stochastic and AO wont make profits.

Because it can and you are showing over this period it has after losses made a profit.However a stoch and ao is not a proprietary system it is age old FREE technical analysis.

What people are saying is the sudden large subscription fee only after a few months coupled with inflated pip results shows this persons intentions from the start.

They had the intention of trying to sell free technical analysis to people at 100% profit for themselves with no risk from the beginning.

If you cant grasp this then perhaps you need to open your mind.

 

http://www.forexfactory.com/showpost.php?p=2033382&postcount=9687

http://www.trade2win.com/boards/trading-journals/27369-ozfx-journal-check-out.html

[Sledge 13]

What’s In For Me?

It is time for me to Give Back.

Cheers,

OzFx

 

What a shame, the lure of the almighty dollar must have changed the heart!

[thrunner 10]

In case any one is following, Ozfx has been banned in the forexfactory forum:

 

Just be aware that many of the signals he has been calling is quite discretionary and not related to the original theme of Ozfx as outlined in the first post and studied with TS in this post.

Twee

Site Manager Member Since Jan 2008

Posts: 1,387

--------------------------------------------------------------------------------

 

Hi Folks! Before anyone asks why this thread is in the Bin, let me tell you a story. A few months ago I had extensive conversations with Oz because it looked as though he was setting up to sell his signals. I told him we had seen this trick a hundred times and that he fit the profile perfectly. I asked him nicely to leave the site before it happened because we don't allow signal sellers to use the Factory forums to promote their products. Oz told me in several emails that he was not planning on selling anything now or in the future. He even got banned once, but after swearing that he was not selling anything I reinstated his membership. It's now obvious that Oz lied to me a number of times and that he has been planning this all along. For anyone considering paying money to Oz you are advised to not get involved this! We have seen this type of scam numerous times at FF and it always ends in tears. This is no different!

 

I know there will be new traders who believe in Oz and will stick up for him, and say that I am in the wrong. As my mentor Merlin once told me I will take heat about this from the naive traders, but once they learn more about trading they will appreciate what is being done at ForexFactory to protect the membership from signal sellers.

[mister ed 10]

Thanks for the info thrunner ... looking into this now.

 

What do they say about "too good to be true?".