Disliked{quote} Can we just get ourselves organized here first and then move to the strategy page...I just think while we are all together here lets figure something concrete first.Ignored
(binned per thread starter’s request) Potential Scammer-BTM threa
- #163
- Oct 31, 2019 2:18am Oct 31, 2019 2:18am
{quote} Just finish with the EA based on this rule, but there are something i twist. Since the TMA CG mladen are repaint, when you do the backtesting using EA it'll off calculated so far away, therefore in order to determine the trend i use TMA NRP line, you can tweak the value inside this EA. So, for the parameter : TMA Repaint TF (TMA CG mladen timeframe which only use for rule number 2. TMA Repaint HL (TMA CG mladen Half Length setting) TMA Repaint Bands Deviation (TMA CG mladen hald deviation setting) XSupertrend Period (you know what it's)...
- In these two trades, market obviously in down trend but EA open two buy orders instead of sell. In addition, if price already at pivot point when new day come and XS color match, should we take trade?
- These sell trades dont follow the rule to cut PP, and the first order why EA have this tight sl, it it because first order hit TP1? after TP1 hit, i think second order should be trailing SL
- these trade EA open orders when XS color not match
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- #169
- Oct 31, 2019 3:12am Oct 31, 2019 3:12am
- Joined Oct 2017 | Status: Trader | 1,000 Posts
Anything above the line is an uptrend, below the line is a downtrend.
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- #171
- Oct 31, 2019 3:40am Oct 31, 2019 3:40am
- Joined Jul 2015 | Status: Trader | 2,299 Posts
{quote} Last night I thought I should PM you and let you know we were here, but wasn't sure if BTM had assembled an "inner circle", as it were... I for one am glad you are here because you seemed to have a good understanding of the system. Look forward to your input. @aaven...I feel I have hijacked this thread from you...I hope you are ok with the proceedings.
- #174
- Oct 31, 2019 5:13am Oct 31, 2019 5:13am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
It's my first post here, as many fellow traders have already discovered the expiry date of BTM's indicators has been reached. 
During this last period I have very little free time and I have traded BTM system for about a month using push notifications sent by zed.fr EA.
Whenever I received I signal on my smartphone, I connected to my VPS and opened the signaled chart. After a quick analysis of the tips 1-7 and my personal view of the market I decided if to open or not a position, TP & SL as per the rules.
Even considering that trading the strategy in this way I could catch only 50% of signals and that I dedicated no more than 20 mins every day I had a monthly score of about 10% that I consider a great result.
I wanted to share my experience because among so many useless strategies, it seems this one really works, but in my opinion only if it is traded discretionary and not automatically by an EA.
I thanks everybody here is trying to rebuild BTM's system on a free basis, as soon as I'll have more time I'll try to contribute actively to this thread.
Best regards,
Bubincka
During this last period I have very little free time and I have traded BTM system for about a month using push notifications sent by zed.fr EA.
Whenever I received I signal on my smartphone, I connected to my VPS and opened the signaled chart. After a quick analysis of the tips 1-7 and my personal view of the market I decided if to open or not a position, TP & SL as per the rules.
Even considering that trading the strategy in this way I could catch only 50% of signals and that I dedicated no more than 20 mins every day I had a monthly score of about 10% that I consider a great result.
I wanted to share my experience because among so many useless strategies, it seems this one really works, but in my opinion only if it is traded discretionary and not automatically by an EA.
I thanks everybody here is trying to rebuild BTM's system on a free basis, as soon as I'll have more time I'll try to contribute actively to this thread.
Best regards,
Bubincka
Porta itineris dicitur longissima esse
- #175
- Oct 31, 2019 5:27am Oct 31, 2019 5:27am
- Joined Jul 2015 | Status: Trader | 2,299 Posts
{quote} Just finish with the EA based on this rule, but there are something i twist. Since the TMA CG mladen are repaint, when you do the backtesting using EA it'll off calculated so far away, therefore in order to determine the trend i use TMA NRP line, you can tweak the value inside this EA. So, for the parameter : TMA Repaint TF (TMA CG mladen timeframe which only use for rule number 2. TMA Repaint HL (TMA CG mladen Half Length setting) TMA Repaint Bands Deviation (TMA CG mladen hald deviation setting) XSupertrend Period (you know what it's)...
Thanks for the excellent effort- Really quick turn around...Much appreciated...
I see there are 2 TMA's: One Repaints and the other is Non-Repainting. My understanding of TMA's roe in BTM system is:
1. Identify the latest/current trend.
2. Generate Boundaries for certain conditions: Example: if TP1 and TP2 fall outside; there is no trade.
If we keep both Repainting TMA and Non-Repainting TMA side by side and watch in real time- They both seem to be doing a good job in identifying what the current trend is:
Repainting:
Non-Repainting:
In the case of Non-Repainting, there seems to be another variable"ATR Period"-I am making an assumption that "ATR Multiplier" is similar to "Band Deviation" in Repainting version. It seems to affect the location of boundaries. Basically it is a variable that needs figuring out the optimal values.
My opinion is there is no substitute for forward testing. I understand that non-repainting version bring the ability to back test.
Currently in the EA:
1. Which is used to determine trend: Repainting TMA or the Non-Repainting TMA?
2. In the EA, How are the TMA period and TMA_Repaint_HL related?
In general, It looks like one of the best ways everyone can be on the same page for a baseline version:
1. Get a lock on the set of indicators: Same Indicators- Same Template.
2. Get a lock on the settings of the Indicators and Template.
3. Get a lock on the EA settings.
From then on-wards, one can keep trying various combinations/improvements and start forward testing...
So, just trying to better understand your work and get a lock on the indicators...
Great Job once again...
Thanks
- #176
- Oct 31, 2019 6:02am Oct 31, 2019 6:02am
- Joined Jul 2015 | Status: Trader | 2,299 Posts
It's my first post here, as many fellow traders have already discovered the expiry date of BTM's indicators has been reached.
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- #178
- Oct 31, 2019 6:06am Oct 31, 2019 6:06am
- Joined Jul 2015 | Status: Trader | 2,299 Posts
It's my first post here, as many fellow traders have already discovered the expiry date of BTM's indicators has been reached.
These are 7 tips. Almost all of them can be converted into some kind of logic that the EA can check before placing a trade.
In your experience with the trades you placed, which of these did you find a bit challenging as in which required some discretion/bit hesistation before pulling the trigger?
""""
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 .
TIPS 2 : the TP and SL is based on daily Pivot Points. thats the most reliable S\R area in the market . so you are placing your TP and SL professionally.
TIPS 3 : When trend indicator shows the main trend too strong by degree of it's steps,if your tp2 is almost to hit,as trend is powerful,you can shift your TP to news day TP's . if no new buy signal in the new day,if trend still bullish,tp and sl wont change and it is as same as the previous day .
TIPS 4 : If you have a BUY trade based on rules,if during that day your trade didnt reach to tp and in new day you get another BUY signal followed by rules,you can add more buy and place both BUY trade's tp to new day's tp .
TIPS 5 : If you are going to open a trade with 1 lot,place two order with 0.5 lot,when 60% of tp done,make them break even,when tp1 hit,close one of your trade and let other one hit tp2 (safe trade method) .
TIPS 6 : If you get signal near trend indicator bands,it is risky to take that trade,because TIPS 1 told us price comes back inside .
TIPS 7 : If you get signal but price is near to your tp, risk/reward will not good.Always check risk/reward.
"""""""
Thanks