Quote:
Originally Posted by muyuan11
I am appriciated of your answer 
still some question
1 . why BW SYSTEM enter trade not ofen? because of using ITtrend filter?
2 . Why should adjust ITrend level sometime . Are there some way to automate it? eg in EA , we count past 300 bar to find highest level .then filter by highest level .
3 . I 've read about BW BT ASTREND SYSTEM you posted. In BT and Astrend system your manual trade impress me . very profitable and low draw down .
Profit factor is amazing. but in BW EA not show that amazing result. why?
Is it that mean EA trade is not profitable as mannual trade? And how to compare Bw EA trade and BW manual trade . I know you are master of using indicator , so any suggestion for me newdigital . thanks
I am new to FX TRADE , I know it is very dangous to trade fx if not having rule or not following fule . I prefer to use EA when I sleep is midnight ( I am living in asia) |
1. BW is not trading ofen because of BW
BW indicators all together "understand" very clean trend only. That is why we do not need to switch off EAs during the news time sometimes. And this "very clean trend" is not coming often.
2. Yes, it may be automated. But i am not estimating highest level of iTrend only. I am estimating highest above zero levels for some past bars and multiply it by 0.283. It may be coded but, sorry, I coud not: too complicated for me to code. By the way, it is not difficult to do manually during the Sunday for example: just 5 minutes for all the charts to correct the settings in EAs.
3. In asctrend thread , braintrading thread and in this thread we had manual forward testing results only. Asctrend and BT are specific case as many many indicators are involved in trading. Sometimes too many (asctrend M1 for example). This BW system is very simple one. If you are trading BW system manually so you will attach all BW indicators. There are 3 of them if i remember, right? Because BW EAs are using 3 indicators only. But may be, you will want to attach some other indicators indicating support/resustance, demarker and so on ... So, when you are trading manually by BW so you may add some other indicators just to confirm oversold levels, support-resistance and so on and you may be more profitable than EA is doing for yourself becaise BW EA is using 3 indicators only.
By the way, manual trading should be always more profitable than automated trading.