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  #331 (permalink)  
Old 01-16-2007, 09:32 AM
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Quote:
Originally Posted by forex2006
hello

i know it`s very late to write a question on this thread but i have read the full thread on this great system ....
now, what i hav`nt read is following situation with confirm:
h1/15 min:
i know i must look on 1H to see a entry and now i look on the 15min chart to confirm it....
- what is if the 15min chart have a entry and 2 bars later the chart of H1 have a enty signal - is it a right entry-signal or only if 1H open a entry and 15 min confirm (1-4) bars LATER ??

i know my english is bad but i hope you can understand what i mean

thanks a lot

regards

guenther
M15/H1 rules are the following:
we are trading on H1 having confirmation on M15. We are not trading on M15. We are just using this M15 timeframe for confirmation of sell or buy signals: if we got sell signal on H1 close bar for example at 14:00 so we should not have any blue color on M15 since 13 till 14.

It is not too late to ask because this thread is not complete. It will be completed when Igorad or somebody will code alarm EA. Why we need alarm EA? because it is difficult to trade H1 timeframe according to this rule to open 8 charts and look at all the charts. We need aram for this M15 confirmation and in this case we do not need to open M15 charts: we will be alarmed about this confirmation.

And after alarm EA we will have normal EA for trading.

So this thread will be continuing.
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  #332 (permalink)  
Old 01-17-2007, 06:11 PM
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hello newdigital

i know , we look at 1H chart for entry and confirm with 15min chart (if rules OK in the NEXT 4 bars of 15min chart ), now what i mean can you see on my sample charts .....

thanks for answer ...

note: is it not a good idea to program a trailingstop into the braintrend2stopline, so we have a very secure stop loss ???

regards

guenther
Attached Images
File Type: gif h1.gif (19.9 KB, 204 views)
File Type: gif m15.gif (25.5 KB, 185 views)
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  #333 (permalink)  
Old 01-17-2007, 06:30 PM
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2 pm is 10 am in your image?

If we see signal on 10 am so we should wait and enter on the next candle opened. 11 am. But to validate this 11 am signal we should look at 15 min chart: since 10 am till 11 am on M15 close bar should not be any red color on the main chart.

There is variation of this method: some people said that 1 hour validation on M15 is too much. Sometimes 3 or 2 bars are enough.

Anyway we need signal EA first: this signal EA will look at M15 chart instead of us. And then your suggestion about trailing stop.
So it may the following settings for this EA:

Code:
- BarsToConfirm: 4 //3, or 2 - optional
- UseTrailingStop: true //or false
If use Trailing stop so which one?
So it may be the following:

Code:
- UseTrailingStopMode = 1 // 1 is first trailing stop indicator and 2 is the second one (there are two trailing stop indicators)
And the following:

Code:
- CommentsOnChart = true //or false (it is comments on the chart
- PopAlarm = true //or false (it is pop window)
- Sould = true //or false
- Email = true //or false
- Publish = true //or false (it may be some option to publish the signals to this forum or to text file
And which currency to trade?
It may be the text file with pairs mentioned. For example:
Code:
USDCHF;
EURUSD;
and so on

It is just for the beginning.
And then we may develop it more.
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  #334 (permalink)  
Old 01-17-2007, 06:54 PM
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Just look at the image attached.

Enter: 1.1656.
Exit on stop loss (trailing stop) 1.1737.
+81 pips in profit.
It was USDCAD.
Attached Images
File Type: gif cad_h1.gif (24.4 KB, 285 views)
File Type: gif cad_m15.gif (22.0 KB, 245 views)
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  #335 (permalink)  
Old 01-17-2007, 07:39 PM
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Wink

great trade , yes .....very good

since 2 days i have looked this great system and have traded now 5 trades on demo and all with + results.....it`s very difficult to trade if i must work by the way........

my screenshot before was shrinked, so it looks 10am but it`s 2PM (your time 1 PM) ....have you also look my 15 min chart and read ?

i `m wondering that nobody of MT4 programmer see this great potential of this system to try a Ea-system ......i have made a look to programming MT4 but not easy to learn it .....

good work on this thread , thanks a lot newdigital

guenther
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  #336 (permalink)  
Old 01-18-2007, 12:54 AM
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Trailing stop

Quote:
Originally Posted by newdigital
Just look at the image attached.

Enter: 1.1656.
Exit on stop loss (trailing stop) 1.1737.
+81 pips in profit.
It was USDCAD.
Been following the BrainSystem for a while now and testing as we speak.

Before I trouble you with a question, I'd like to thank you first for all the hard work you always put in this forum! Don't you ever sleep?!? ;-)
Just so you know, it is very much appreciated indeed!

Here is my question: you mentioned you used a trailingstop. Do you have a general rule for the size of this, please? Knowing every currency pair has its own average daily movement, do you take this factor into account or do you just use your own discretion on the day? Any other factors that play a role in this please?

Many thanks in advance!

Vince
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  #337 (permalink)  
Old 01-18-2007, 08:47 AM
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Quote:
Originally Posted by vincethebeast
Been following the BrainSystem for a while now and testing as we speak.

Before I trouble you with a question, I'd like to thank you first for all the hard work you always put in this forum! Don't you ever sleep?!? ;-)
Just so you know, it is very much appreciated indeed!

Here is my question: you mentioned you used a trailingstop. Do you have a general rule for the size of this, please? Knowing every currency pair has its own average daily movement, do you take this factor into account or do you just use your own discretion on the day? Any other factors that play a role in this please?

Many thanks in advance!

Vince
There are two trailing stop indicators in this system: the value of indicators are moving together with the price. Look at the image on previous posts. Long time ago, on some thread in this section I tested those two indicators just to understand which BrainTrading indicator exacly to use as stop. Because there are two of them. I don't remember now but it was some conclusion.

When we will create EA for thios system I will try to remind everything to myself.
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  #338 (permalink)  
Old 01-23-2007, 10:43 AM
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hi all..

pls newdigital

i,am try to found brain systems auto alert signals plz help

thanks
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  #339 (permalink)  
Old 01-23-2007, 11:30 AM
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Quote:
Originally Posted by gody6000
hi all..

pls newdigital

i,am try to found brain systems auto alert signals plz help

thanks
All the indicators were posted on this section.
4 of them were coded by Beluck especially for our forum.
And some of them with alarm.

As to alert/email-signal EA so it does not exist here yet. It will be coded of course.

I just look at Braintrading charts (H1 with M15 confirmation) and this system performed very good during the past weeks.
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  #340 (permalink)  
Old 01-23-2007, 03:05 PM
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Does anybody have experience using the real BrainTrend indicators. The ones posted on the web are not the real ones.

I am thinking of buying the real ones from Braintrend.com. Since they do not have a money back guarantee, I would like to know how good they are before spending my money on them.
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