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Well.
I finished with this BrainTrading strategy.
Please find the charts: these charts' files should be in your profiles/default folder. Simple download to the default folder and open MetaTrader. You will see 8 charts: for H1 and M15 timeframe. You will have the signals from H1 charts and will confirm by M15 timeframe. It works.
How to do this confirmation?
It is simple. Look at the image braintrading1.gif. We have 4 signals according to the Braintrading (manual) rules. Now we need to confirm it.
First signal was 21st at 16 o'clock. It was the bar opened with the signal and was closed at 17 (H1 timeframe). So, we should confirm it from 16 till 17 on M15 timeframe (as we see on the image braintrading2.gif). Thus, we will go buy on H1 timeframe at 17.
Second signal was 22nd at 8 am. It was opened the bar and closed at 9 am with the sell signal. So, it should be confirmed from 8 till 9 on M15 timeframe. But it was not as we may see on the image braintrading3.gif: all the signals are in contradiction between each other. So, we will irnore this 2nd signal on H1 timeframe.
The 3rd signal was 22nd at 9 till 10 am (the bar with the signal was closed at 10 and we may open the order if we have confirmation). But it was not confirmed as well (image braintrading4.gif).
The 4th signal was 22nd at 17 till 18 on H1 and was fully confirmed by M15.
We may use DeMarker or some other indicators to reduce the losses.
Estimate your own stop loss according to the Braintrading indicators (they suggested to use BT1Stop indicator starting from M30 timeframe but we may use BT1Stop or BT2 Stop), and estimate your profit level, or closed all the orders on S/L moving it according to the indicators. It is up to your personal trading strategy.
I tried to do it on M15 confirming on M5 but it does not work. It work on H1 confirming on M15.
That's all.
Last edited by newdigital; 11-24-2005 at 06:32 PM.
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