BAT system for 15 min chart

I have a couple of suggestions, after having poured over the charts-

1. Get rid of the Flat MACD. It filters out too many good trades and doesn't compensate by keeping you out of enough bad ones.

2. Raise the initial SL from the 61.8 line to the 38.2 line.

3. Trade only within market hours. Price tends to drift otherwise and sometimes triggers bad trades.

today isnt possible trade accorg. rules for SL in 1 post- for GBPUSD is minimum SL 25, TP only 1O pips today,but for 3 lots - 30 pips
bj

only trade with trend on 1 hour,
bj

thanks, backtesting looked good.
in macd u need 2 set time frame - do u use same as the chart time frame.
might sound like dumb quest., but i set the ind. time frame 2b differnt from my graph i'm looking at and it filtered out some false trades...

thx for sharing....

but.. how do you identify the trend?

regards,

bat atr is a good indicator but it gives a lot of false breaks that you have to determine.

I like the fractal channel better.

hi -interresting.
can u post the fractal indicator?
what r the settings?
how do u use it?

default settings

I have been using this set up for a few trades and it's very good. Take a look and see if you can set up an EA to automate it. Its a variation from the BAT EA from team APHID.

The Fib position additions are not needed because they never get triggered.
The risk is substantially less then the original settings.

I tried setting it up but I can't get it to work could you please take a look and see if you notice whats wrong.

The only variables are:

ATR Period =2
Factor = 1



Look at the difference and tell me what you think.