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

  • #1,001
  • Aug 26, 2019 6:26am Aug 26, 2019 6:26am
Quoting DrDave
{quote} I think you missed the point. Every person has his own criteria about god/bad for everything. So if you want to speak to someone about good/bad, you must state the criteria you are using to make the determination. Otherwise, the two of you do not have a common reference point for judging good/bad.
No, I understood what you mean.

But what do you think is the criteria when it comes to trading. The nice color of the TMA band, the sound of the alert? No, profitability. Everything else is pretty irrelevant. Keep it simple. Looking at it from a phylosophical standpoint is pretty useless here iyam.

I assume every serious reader here should know that and make the assumption themselves when talking about good or bad.
  • #1,002
  • Aug 26, 2019 7:44am Aug 26, 2019 7:44am
hello BTM
would you please see this print screen
there are alert to sell but no arrow
how can i sell? depend on last sell arrow or wait for new arrow
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good luck
  • #1,003
  • Aug 26, 2019 8:51am Aug 26, 2019 8:51am
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good luck
  • #1,004
  • Aug 26, 2019 9:00am Aug 26, 2019 9:00am
Quoting tito5615104
hello BTM would you please see this print screen there are alert to sell but no arrow how can i sell? depend on last sell arrow or wait for new arrow {image} {image}
did you read the previous post i explained about alert?

i will explain the alert situation again so read it everyone .

if you start your mt4 or load this strategy template,ignore alert that just come up.these alerts is based on your mt4 downloading data and signal indicator will confuse on calculating,so let it go when you start your mt4 or load your template .

if you are watching a chart for example NZDUSD,then alert appear,go to that chart wait to candle closed,if there was arrow,go trade,why its gives alert but arrow not show?? because signal indicator calculate data from indicator A,B,C wich they are combination of 9 indicators,so its calculating candle by candle,when a candle is not closed yet,based on its moves,it may pass signal indicator terms,and it gives you alert,but when candle closed and terms are passed,you will see the arrow.

why its like that ?? because signal or arrow you see is not repainting,the last terms coded in arrow is all terms must be passed AND candle closed AND terms stay passed,then you see an arrow.

conclusion: when you got alert go to that chart,wait until candle closed,if you see arrow in a last closed candle,go open your trade .
  • #1,005
  • Aug 26, 2019 9:02am Aug 26, 2019 9:02am
Quoting tito5615104
{image}
i see the last alert is GBPCHF .here is my chart

ps: you got GBPCHF and USDCAD alert and looking in EURAUD chart?

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  • #1,006
  • Aug 26, 2019 9:07am Aug 26, 2019 9:07am
Quoting BTM
TIPS 1 : when price comes near the trend indicator,it will get back in area ,so when an entry signal appear but candles are out of the trend indicator,trade carefully . this tips makes you less SL and better exit of trade .
I must admit I did not get a trade signal on these pairs (except EU), however, pairs where way too out of the trend indicator to just not take them (please look at the charts). They had to come back in, plus they were also in accordance to the trading strategy I use. AUD pairs were also good but since still testing this method decided to not take too much pairs and TP as soon as possible.

Any suggestions from BTM or advice not to post these type of trades would be greatly appreciated and respected.
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Invest in Life
  • #1,007
  • Aug 26, 2019 9:16am Aug 26, 2019 9:16am
Quoting Mundo
{quote} I must admit I did not get a trade signal on these pairs (except EU), however, pairs where way too out of the trend indicator to just not take them (please look at the charts). They had to come back in, plus they were also in accordance to the trading strategy I use. AUD pairs were also good but since still testing this method decided to not take too much pairs and TP as soon as possible. Any suggestions from BTM or advice not to post these type of trades would be greatly appreciated and respected. {image}
it is good .
trade when candles are out of trend indicator has its own rules which i will teach it soon,it is correction trading and its against the trend.
as you can see we still fixing problem here how to identify confirmed uptrend and downtrend.and when you see arrows .
you can come and share your results when correction trading taught and i will be happy to see that too .
for now please stick to following trend rules .
  • #1,008
  • Aug 26, 2019 9:16am Aug 26, 2019 9:16am
sorry, second screenshot was my mistake
good luck
  • #1,009
  • Aug 26, 2019 9:43am Aug 26, 2019 9:43am
Quoting BTM
{quote} it is good . trade when candles are out of trend indicator has its own rules which i will teach it soon,it is correction trading and its against the trend. as you can see we still fixing problem here how to identify confirmed uptrend and downtrend.and when you see arrows . you can come and share your results when correction trading taught and i will be happy to see that too . for now please stick to following trend rules .
Yes will do. I can see this is a profitable method since it is possible to use in various ways. Fits perfect with how I trade. Looking forward to more ways to benefit from it.

Hopefully folks will stop complicating such a powerful method with simple rules.

I have found a few things:
1. If arrows appear off, I simply change TF so that it may reset and issue gone.
2. If arrow does not show but get a notification then I take it as no arrow (no trade signal). Happens only a couple of times. I don't look for a reason why no arrow I simply do not trade it.
3. I only have one chart open at a time, have only indicators I use on Navigator, I delete all others including those that come standard with MT4, This keeps my loading time to a minimum.
4. I do not trade CHF and stick only 20 pairs (which is 14 more than I normally trade with). Also, I do look for correlation, this helps when placing and exiting trades.
5. I do not try to earn a month worth on a single trade. Trades can go to TP2 on certain occasions but I trade based on P/L % or Pips. When I reach my goal I try not to go greedy. I take what market gives me at that time and then go on with life. I have a family which needs my attention, and we love to enjoy our wonderful life. Also, very important, these trading days are different from what I remember, I single tweet can change everything, so it is wise to take that into consideration when trading.

Need help in finding out why I do not get lines at times (see UJ image). I have live Oanda account.

Thanks.
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Invest in Life
  • #1,010
  • Aug 26, 2019 10:17am Aug 26, 2019 10:17am
@BTM will 2000 candles in history and on chart be enough for indis to make calculations? These indis are a real energy hog and slowing down charts. Love the system and i want to trade it live. Anyone else having trouble with their charts?
  • #1,011
  • Aug 26, 2019 1:41pm Aug 26, 2019 1:41pm
Hello BTM,
is there a possibility to get fix the past lines of the upper and lower bands. because the last ones still adjusting so the real touching of the bands by candles with few pips can be seen after few days. this would be amazing. thanks
  • #1,012
  • Aug 26, 2019 2:42pm Aug 26, 2019 2:42pm
Quoting Elyes
Hello BTM, is there a possibility to get fix the past lines of the upper and lower bands. because the last ones still adjusting so the real touching of the bands by candles with few pips can be seen after few days. this would be amazing. thanks
No, this is how TMA bands work. They readjust and move up or down with the price. If this wasn´t the case, it would not be TMA. You can, however use TMA True (just google it), which does not readjust/redraw or however you wanna call it
  • #1,013
  • Aug 26, 2019 2:45pm Aug 26, 2019 2:45pm
Quoting ezmonyfx
@BTM will 2000 candles in history and on chart be enough for indis to make calculations? These indis are a real energy hog and slowing down charts. Love the system and i want to trade it live. Anyone else having trouble with their charts?
I am a PC newbie, but no problems whatsoever with 28 pairs open and 15K bars on chart.
  • #1,014
  • Aug 26, 2019 5:47pm Aug 26, 2019 5:47pm
The arrow above the band and the arrow beyond the band can flow in the opposite direction and be careful.
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  • #1,015
  • Aug 26, 2019 6:01pm Aug 26, 2019 6:01pm
I'm sorry to BTM, but I found some of your code. It doesn't matter if this indicator expires.
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  • #1,016
  • Aug 27, 2019 12:19am Aug 27, 2019 12:19am
one of problem from those indicators are lagging. specialy when the price running very fast such as spike. my MT4 stop running....FYI, i only open 7 charts.
  • #1,017
  • Aug 27, 2019 1:02am Aug 27, 2019 1:02am
Quoting spae11
I'm sorry to BTM, but I found some of your code. It doesn't matter if this indicator expires. {image}
i can assure you thats not my signal indicator but if you find useful,use it on your own and if you want to paste the result here,make sure its based on beat the market strategy which described on post 1 .
  • #1,018
  • Aug 27, 2019 1:03am Aug 27, 2019 1:03am
Quoting General Lee
one of problem from those indicators are lagging. specialy when the price running very fast such as spike. my MT4 stop running....FYI, i only open 7 charts.
that because of the calculation of 9 indicators which you just see their results only by alert or arrow .
  • #1,019
  • Aug 27, 2019 1:33am Aug 27, 2019 1:33am
<< Beat The Market Dashboard >>

finally dashboard for my system got ready for use . first of all i have to say coding this dashboard done by zed.fr . he will be here with me to answer question if you will have .
this dashboard is very user friendly to use . if all rules from post 1 passed,you will get signal and you can open trade with automatic tp sl place .

IMPORTANT : This dashboard is not traffic light when you see green light just jump in trade , when you get signal alert , press black square after currency pair name to open its chart,then check again all rules and more important check all TIPS .

how to install dashboard :
1- paste "G" indicator in your mt4 indicator
2- paste "BTM DASH v1.01.ex4" in your mt4 expert folder
3- paste "Black Screen.tpl" in your mt4 template folder
4- open your mt4 and open a chart in m15 timeframe
5- load "Black Screen.tpl"
6- load "BTM DASH v1.01.ex4"
7- done

if you want to trade by this dashboard you can ENABLE its module in the setting but if you want to get notification only (email,...) ENABLE notifications.

Attached Image (click to enlarge)
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Attached File(s)
File Type: rar BTM Dashboard.rar   102 KB | 1,299 downloads
  • #1,020
  • Aug 27, 2019 2:16am Aug 27, 2019 2:16am
Quoting BTM
<< Beat The Market Dashboard >> finally dashboard for my system got ready for use . first of all i have to say coding this dashboard done by zed.fr . he will be here with me to answer question if you will have . this dashboard is very user friendly to use . if all rules from post 1 passed,you will get signal and you can open trade with automatic tp sl place . IMPORTANT : This dashboard is not traffic light when you see green light just jump in trade , when you get signal alert , press black square after currency pair name to open its chart,then...

What trend detection time frame should I use if I am using 5 min and 1 min chart for trade execution
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