Thread: BrainSystem: Trading System Development and Trades
View Single Post
  #449 (permalink)  
Old 08-19-2007, 09:26 AM
newdigital newdigital is offline
Administrator
  
Join Date: Sep 2005
Posts: 16,320
Blog Entries: 106
newdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud of
Quote:
Originally Posted by muyuan11 View Post
it seems that you use iTrend and SAR confirmation that is not mentioned in rule for H1 .
I think it is your personal usage . Is it ok? shoud it be add to rule for H1?
and how to confirm signal with Itrend and SAR?
There are many rules I tried. Read this thread please BrainSystem: Trading Rules

1. There are indicators and rules to trade H1 timeframe (BrainTrading indicators + some other indicators) with M15 confirmation.
2. There are the rules/indicators to trade M15 without confirmation, rules to trade M30 timafrme, rules to trade H4 and so on.

We should not use those Braintrading indicators alone without any other indicators as we will get many false signals.

For example, you got sell signal (big dot from signal 1 indicator is on the same close bar with arrow from signal 2 indicator). If it is H1 timeframe so you may have it 1 or 3 times per day. And then you will look at the M15 confirmation, and for other indicators on your H1 template. If they all confirmed your sell so you open the order.

If we are trading H4 and M30 timeframe so we are not using any confirmation on M15. We are having some additional indicatorsd on the chart.

Look at this thread BrainSystem: Trading Rules
Reply With Quote