Rumbey,
I like the idea of the email alert. How did you set it up?
I like the idea of the email alert. How did you set it up?
My Bat from team aphid trades 82 replies
The BAT Method - The EA 186 replies
BAT system for 15 min chart 28 replies
BAT indicator 2 replies
The BAT mathematical formula for lines? 0 replies
DislikedRumbey,
Thanks, I got the alerts working. Another question: I understand your initial 100 pip S/L and then move to B/E or +10 after the price moves 80 pips.
But do you also trail your stop when the BAT line moves to lock in profits above 80 pips; or do you just leave it and wait for the alert and then reverse?Ignored
DislikedDear team Aphid...
I have posted here a few times before in the past and have been working to try and find improvements to the basic system.
At present i am researching on how to use the BAT line as an entry signal and then a factor of a 7 period ATR as the stop and a first exit point. The stop would be placed 120% of the 7 period ATR below the entry price and the first exit would be placed 120% of the 7 period ATR above the entry price. The second part of the trade would be exited at the BAT line.
Also the trade would not be entered at the BAT line, but just 5 pips above the high of the candle that broker the BAT line. This would help keep us out of wipsaw trades.Ignored
DislikedHere is a chart which kind of shows what i am talking about. The trade i am referring to is the long trade in the middle of the chart. I am looking at trading this on the daily chart also. This example is actually a bad trade which was stopped out just through the red line of the stop......
Hope this helps a little.
CharlieIgnored