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BrainSystem: Setup Questions
I tested this system and have some suggestion about trading and so on.
All BrainTrading indicators you may find here. Profiles_default files are here (and attached to this post as well). Shortly I may say the following. - Download all 8 indicators (and iTrend indicator as well - attached) in the indicator's folder of your Metatrader, open MetaEditor, find 8 (9 already) indicators in navigation panel of MetaEditor, press F7 for each etc. - Close MetaTrader and MetaEditor. - Then download 8 chart files (see links above or find it attached) to the respective folder of your MetaTrader (if I remember it is profiles/default folder). - Open your MetaTrader and you will see all 8 charts with all the indicators and everything. Then you may create your own template to make it more quickly next time. About the trading rules see the posts: http://www.forex-tsd.com/showpost.ph...0&postcount=52 http://www.forex-tsd.com/showpost.ph...1&postcount=55 http://www.forex-tsd.com/showpost.ph...2&postcount=57 Or read this thread from the beginning to have your own trading rules. You will find my rules in the links above: it means we are trading on H1 timeframe and we use M15 timeframe just for the confirmation of the signals. But you may select your own trading rules because I tested many of them. I selected one for myself and you may select as well. It may be different from mine. Anyway read all the links above. Last edited by newdigital; 03-30-2006 at 11:17 AM. |
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Quote:
Besides I am not trading at night. And I am using this system on demo of couse. Using this system you may open 2-6 orders per week in average for 4 main pairs in total during the day time trading (on H1). And I changed some rules: http://www.forex-tsd.com/showpost.ph...4&postcount=68 It is not new settings. Just some changes. |
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H4 timeframe
An other settings for this system from Kubera for H4 timeframe.
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I added some an other indicators to the system http://www.forex-tsd.com/showpost.ph...3&postcount=21
Besides, please find updated templates for H1 timeframe and for M15 confirmational timeframe. All the rules are the same. Only changes are that I am doing exit using Stochastic and also using this Stochastic as a filter (sometimes). You will see everything when you download template from here http://www.forex-tsd.com/showpost.ph...3&postcount=23 Please note that everything written above is valid for H1 timefrate with M15 confirmation only. |
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the filter that i have added to confirm this signal(after BT confirmation)is Stochastic(14,5,5)
in short whenever you have confirmed signal givven by BT system just look at Stochastic 1-for buy the blue line should be up 2-for sell the red line should be up just this.ok open your order UNTIL..... here is more important point because as newdigital backtest shows using BT stop dots are not good. and according to his way of exit: the cross of two stochastin lines is the signal for exit. |
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i attached some pictures to illustrate my way.and you can find the results of backtests that i have done here(for gbp/usd and eur/usd)
BrainSystem: Trading System Development and Trades BrainSystem: Trading System Development and Trades |
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I want to say that Igorad developed some RSI filter inficator which may be used for the Braintrading system, especially for M30 timeframe.
Thread with the indicator is here. |
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LinkBack to this Thread: http://www.forex-tsd.com/brain-systems/426-brainsystem-setup-questions.html
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| Posted By | For | Type | Date | |
| Spreadtrade2Win :: View topic - High Profit BrainTrader Strategy | This thread | Refback | 04-30-2008 01:44 PM | |
| Spreadtrade2Win :: View topic - High Profit BrainTrader Strategy | This thread | Refback | 03-01-2008 08:04 PM | |
| Spreadtrade2Win :: View topic - High Profit BrainTrader Strategy | This thread | Refback | 11-10-2007 02:03 AM | |
| Spreadtrade2Win :: View topic - High Profit BrainTrader Strategy | This thread | Refback | 07-17-2007 02:35 PM | |
| Spreadtrade2Win :: View topic - High Profit BrainTrader Strategy | This thread | Refback | 07-13-2007 10:16 PM | |
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