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Two many news events today (see Forex-Tsd Calendar :: Calendars ).
Use other indicators from template (Demarker, Stochastic, Parabolic) to filter the signals.
This BT system should not trade often.
Two many news events today (see Forex-Tsd Calendar :: Calendars ).
Use other indicators from template (Demarker, Stochastic, Parabolic) to filter the signals.
This BT system should not trade often.
I have been using Brainsystem for quite sometimes, here are some of my rules:
1) Use only one hour chart. Use candlestick.
2) Do not enter if the bar is a doji, shaven head or a hammer.
3) No trade during news.
4) Use RSI 21 and stocastic 14,5,5. I will not elaborate this one because entering a trade is an art basically. But if you spend enough screen time you will notice it.
5) Do not trade on USD/JPY.
So far, if I do not made any mistakes out of these rules I TP.
I have been using Brainsystem for quite sometimes, here are some of my rules:
1) Use only one hour chart. Use candlestick.
2) Do not enter if the bar is a doji, shaven head or a hammer.
3) No trade during news.
4) Use RSI 21 and stocastic 14,5,5. I will not elaborate this one because entering a trade is an art basically. But if you spend enough screen time you will notice it.
5) Do not trade on USD/JPY.
So far, if I do not made any mistakes out of these rules I TP.
This is my method of brainsystem, in this diagram you see a shaven head (engulfing the white bar) follow by brainsystem appears together. This might be a continuous trend from yesterday.
As you can see, when the bar is shaven the tendency of reversal is high and GBP for today trade is a good live example.
Conversely, if you refer to the EUR, where the Brainsystem signal occurs together you notice that the bar has a longer shadow on top of it, the result is a continual trend.
Two many news events today (see Forex-Tsd Calendar :: Calendars ).
Use other indicators from template (Demarker, Stochastic, Parabolic) to filter the signals.
This BT system should not trade often.
to using other indicators you did not mention in rule filter the signals , I am afraid that it will filter a few good signal .
your demo result for bt m15 system impress me , but rule for M15 is not clear
only some indicators comment over there .
how to use these indicators filer signal .
how to estimate daily condition to determin whole day trade direction.
do we still use sar to stoploss order like M30?
to using other indicators you did not mention in rule filter the signals , I am afraid that it will filter a few good signal .
The indicators were mentioned. Really.
I said in some posts that those indicators are optional: it means that you may use its or not. But without any additional indicators this system will lose money sorry. So, some additional indicators and necessary.
It is on your choise to use all 3 additional indicators or just 1 or 2 only. Depends on your feeling about the risk subject and your initial deposit size.
I used all 3 additional indicators. But as i said it is the very personal.