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(binned per thread starter's request) Beat The Market strategy

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  • Post #61
  • Quote
  • Aug 6, 2019 3:13am Aug 6, 2019 3:13am
  •  BTM
  • | Additional Username | Joined Jul 2019 | 577 Posts
Quoting Neil0163
Disliked
Looks like a fairly decent system, Just throwing it out there though once you've got price action nailed you really don't need any indicators, I called 1470 on gold on the 16 of July (just netted me 6000 pips) and I called 1.21 on GU when it was at 1.27 netted 1200 pips from that for anyone who calls me out on horse poo you can find my post in the GBPUSD thread and the "gold right now" thread that's irrelevant my point is the day you get rid of indicators will be the day you gain clarity All the best!
Ignored
Yes Neil,Price action is always the main way of trading and can not be ignored .this system is for traders like me that love to trade by indicators and catch the edge correctly. i myself like to trade in a low time frame and book the profit fast,i dont like to catch the whole wave like bank players . I trade like surfing,wait to wave started then jump on that and play,and before it ends i jump out . because i can not predict when waves start and is it start really ... that why i catch the part of waves .
 
4
  • Post #62
  • Quote
  • Aug 6, 2019 3:22am Aug 6, 2019 3:22am
  •  jxp
  • | Joined Jan 2019 | Status: Member | 16 Posts
Good if this works for you. However, judging whether the trend is up/down from the channels seems pretty subjective. I think you could build some logic into that.
p=mv
 
 
  • Post #63
  • Quote
  • Aug 6, 2019 3:39am Aug 6, 2019 3:39am
  •  BTM
  • | Additional Username | Joined Jul 2019 | 577 Posts
in CHFJPY and we can see market is changing direction,if my forecast going right,in next few days if trend confirmed bullish,we wait for buy signal.
our mission is WAIT WAIT WAIT,until every rules passed then we open trade .

Attached Image (click to enlarge)
Click to Enlarge

Name: CHFJPYbM15.png
Size: 34 KB
 
1
  • Post #64
  • Quote
  • Aug 6, 2019 3:40am Aug 6, 2019 3:40am
  •  trieuVhh
  • Joined Feb 2019 | Status: (っ.❛ ᴗ ❛.)0 | 178 Posts
Quoting syndicat
Disliked
I found it in my terminal {file} {file} {file} {file}
Ignored
maybe u are right, because BTM said he code these indicators by himself and he add his email on all indicator. beside kindly sharing, hope he have no ulterior motives
 
1
  • Post #65
  • Quote
  • Aug 6, 2019 3:44am Aug 6, 2019 3:44am
  •  jxp
  • | Joined Jan 2019 | Status: Member | 16 Posts
Quoting BTM
Disliked
in CHFJPY and we can see market is changing direction,if my forecast going right,in next few days if trend confirmed bullish,we wait for buy signal. our mission is WAIT WAIT WAIT,until every rules passed then we open trade . {image}
Ignored
What are the criteria for your buy/sell signals?
p=mv
 
 
  • Post #66
  • Quote
  • Aug 6, 2019 3:53am Aug 6, 2019 3:53am
  •  BTM
  • | Additional Username | Joined Jul 2019 | 577 Posts
Quoting trieuVhh
Disliked
{quote} maybe u are right, because BTM said he code these indicators by himself and he add his email on all indicator. beside kindly sharing, hope he have no ulterior motives
Ignored
please stay with the main topic , when you are hungry its doesn't matter how food is made,just eat .im gracious shared my system to everyone and i wish more and more profit for all of you . whats the matter why my indicators has alphabet name or its ex4? just catch the main,use it,and if it will profitable for you thankyou is enough. i didn't ask for anything.

wish best for you.
1
6
  • Post #67
  • Quote
  • Aug 6, 2019 3:54am Aug 6, 2019 3:54am
  •  jxp
  • | Joined Jan 2019 | Status: Member | 16 Posts
Quoting Neil0163
Disliked
Looks like a fairly decent system, Just throwing it out there though once you've got price action nailed you really don't need any indicators, I called 1470 on gold on the 16 of July (just netted me 6000 pips) and I called 1.21 on GU when it was at 1.27 netted 1200 pips from that for anyone who calls me out on horse poo you can find my post in the GBPUSD thread and the "gold right now" thread that's irrelevant my point is the day you get rid of indicators will be the day you gain clarity All the best!
Ignored
Some people, myself included, prefer a logic-based system/strategy. One that takes subjectivity out of the equation, which is better for analysing performance and identifying weaknesses. Unless trading strict candlestick patterns, my view is that it would be pretty difficult to analyse historic performance without hard data. Even harmonics, while based on strict criteria, are highly subjective/based on the trader's perspective.

This system needs some work to eliminate areas of subjectivity, but a system that achieves this will succeed in the long run.
p=mv
 
2
  • Post #68
  • Quote
  • Aug 6, 2019 4:20am Aug 6, 2019 4:20am
  •  BTM
  • | Additional Username | Joined Jul 2019 | 577 Posts
Quoting jxp
Disliked
{quote} What are the criteria for your buy/sell signals?
Ignored
like first post that all rules must confirmed.so we wait trend indicator tell us bullish confirmed and buy signal appeared.
 
 
  • Post #69
  • Quote
  • Aug 6, 2019 4:24am Aug 6, 2019 4:24am
  •  BTM
  • | Additional Username | Joined Jul 2019 | 577 Posts
Quoting jxp
Disliked
Good if this works for you. However, judging whether the trend is up/down from the channels seems pretty subjective. I think you could build some logic into that.
Ignored
im willing and be happy to help together to improve this system .
 
 
  • Post #70
  • Quote
  • Aug 6, 2019 4:32am Aug 6, 2019 4:32am
  •  BTM
  • | Additional Username | Joined Jul 2019 | 577 Posts
some interesting way of trading correction by Beat the Market system .

---- This is not the main rules,do it by yourself and don't judge the main system ----

when candles get out of trend indicator,look for RD divergence to catch the correction moves.

Attached Image (click to enlarge)
Click to Enlarge

Name: EURJPYbM15.png
Size: 34 KB
 
3
  • Post #71
  • Quote
  • Aug 6, 2019 4:40am Aug 6, 2019 4:40am
  •  5aztv88
  • | Membership Revoked | Joined Sep 2014 | 249 Posts
Quoting BTM
Disliked
some interesting way of trading correction by Beat the Market system . ---- This is not the main rules,do it by yourself and don't judge the main system ---- when candles get out of trend indicator,look for RD divergence to catch the correction moves. {image}
Ignored
very interesting... thanks for sharing such a great system.
as i understood we can trade on the trend which is the main idea of system,and catch the correction by combining your system and divergence,right?
i think we can discover many things with your system .
thank you again.
 
 
  • Post #72
  • Quote
  • Aug 6, 2019 4:43am Aug 6, 2019 4:43am
  •  BTM
  • | Additional Username | Joined Jul 2019 | 577 Posts
Quoting 5aztv88
Disliked
{quote} very interesting... thanks for sharing such a great system. as i understood we can trade on the trend which is the main idea of system,and catch the correction by combining your system and divergence,right? i think we can discover many things with your system . thank you again.
Ignored
yes, you are completely right. but remember the main way is to trade on the trend not against the trend. correction trading is for professional and risky people,not me
 
 
  • Post #73
  • Quote
  • Aug 6, 2019 4:57am Aug 6, 2019 4:57am
  •  Hitva
  • | Joined Jan 2018 | Status: Junior Member | 1 Post
Quoting Neil0163
Disliked
Looks like a fairly decent system, Just throwing it out there though once you've got price action nailed you really don't need any indicators, I called 1470 on gold on the 16 of July (just netted me 6000 pips) and I called 1.21 on GU when it was at 1.27 netted 1200 pips from that for anyone who calls me out on horse poo you can find my post in the GBPUSD thread and the "gold right now" thread that's irrelevant my point is the day you get rid of indicators will be the day you gain clarity All the best!
Ignored
Hi Neil I couldn't find you on telegram (neil0163)
 
 
  • Post #74
  • Quote
  • Aug 6, 2019 5:09am Aug 6, 2019 5:09am
  •  beejay
  • Joined Mar 2008 | Status: Member | 325 Posts
Quoting BTM
Disliked
example from last week . 4 win trade . AUDUSD {image}
Ignored
the band channel, does it repaint?
 
 
  • Post #75
  • Quote
  • Aug 6, 2019 5:27am Aug 6, 2019 5:27am
  •  BTM
  • | Additional Username | Joined Jul 2019 | 577 Posts
Quoting beejay
Disliked
{quote} the band channel, does it repaint?
Ignored
No it doesn't,but you may see some little moves on bands that because trend calculating from H4 and we are trading in M15 .
 
 
  • Post #76
  • Quote
  • Aug 6, 2019 6:28am Aug 6, 2019 6:28am
  •  spae11
  • | Joined Dec 2018 | Status: Member | 101 Posts
h4 The yellow trend line has different top and bottom directions. It seems to be a consideration. I prefer lower direction.
Attached Image
 
1
  • Post #77
  • Quote
  • Aug 6, 2019 6:30am Aug 6, 2019 6:30am
  •  alhalawi
  • Joined Aug 2013 | Status: Member | 392 Posts
Buy XAUUSD

good potential trade
Attached Image (click to enlarge)
Click to Enlarge

Name: Capture.PNG
Size: 40 KB
 
 
  • Post #78
  • Quote
  • Aug 6, 2019 6:32am Aug 6, 2019 6:32am
  •  alhalawi
  • Joined Aug 2013 | Status: Member | 392 Posts
just thought if we good do a EA which reads the signal that appears on M15 and in this way you get an alert to help you not sit on the screen all day looking for potential trades

just a signal when an arrow appears

it will be great
 
 
  • Post #79
  • Quote
  • Aug 6, 2019 6:35am Aug 6, 2019 6:35am
  •  alhalawi
  • Joined Aug 2013 | Status: Member | 392 Posts
Do you always look at H4 to see the main trend and u can only trade based on M15 trend ?
 
 
  • Post #80
  • Quote
  • Aug 6, 2019 6:48am Aug 6, 2019 6:48am
  •  BTM
  • | Additional Username | Joined Jul 2019 | 577 Posts
Quoting spae11
Disliked
h4 The yellow trend line has different top and bottom directions. It seems to be a consideration. I prefer lower direction. {image}
Ignored
that's the condition we say trend not confirmed,we need to wait until the upper and lower band clearly tells us it is bullish or bearish. we can not decide by one band.
 
 
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