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  • #421
  • Nov 4, 2019 7:54am Nov 4, 2019 7:54am
Quoting Mapseam
{quote} Thanx, sokysoks! I think we should most likely be worried ) for this reason: "...the indicators from the archive could be made such changes that simply extend their work and delay the next stop. No one can vouch for their arbitrarily long suitability for work." https://www.forexfactory.com/showthread.php?p=12595165#post12595165
Ok, then we make hay while the sunshines in m y opinion, there are just 2 things to look out for.

1. If the D indicator is the same as the TMA we have using the same default settings. and this we have concluded is the same. And from what I see the D indicator is the most important 1.

2. I do not think trying to replicate the arrows are the issue as the arrows were delayed. I believe there are much better systems out there to use instead of his arrows. I think what we should be also looking at which is my second point is to validate a reversal strategy. This was not shared by him.
  • #422
  • Nov 4, 2019 8:16am Nov 4, 2019 8:16am
Quoting leweg1
Hidden
Really dude ???
  • #423
  • Nov 4, 2019 9:40am Nov 4, 2019 9:40am
Quoting trieuVhh
{quote} Really dude ???
If you have another idea to replicate these indi's to the absolute T and increase profits before they expire again trust me i'm all ears dude!
  • #426
  • Nov 4, 2019 9:55am Nov 4, 2019 9:55am
Why don't easily use the baseline breakout as signal, instead of arrows?

Keep it simple.
  • #427
  • Nov 4, 2019 10:01am Nov 4, 2019 10:01am
Quoting Alberto_Jazz
Why don't easily use the baseline breakout as signal, instead of arrows? Keep it simple.
That's being incorporated as one of the entry types...
  • #428
  • Nov 4, 2019 10:02am Nov 4, 2019 10:02am
Quoting Alberto_Jazz
Why don't easily use the baseline breakout as signal, instead of arrows? Keep it simple.
Yeah, is simple. But for lot of people is dificult just seat whole day infront of PC and wait for breakout. Arrow is nice i think.
  • #429
  • Nov 4, 2019 10:04am Nov 4, 2019 10:04am
Quoting sakultrader
Hey guys, I found arrow indicator which is doing similar arrows as are arrows in BTM strategy. Please, see in attachment. Maybe these arrows are even better than old arrows. Unfortunately, I have .ex4 file only. {image} {file}
Sakultrader,

I understand you want to help. At this point we want to avoid incorporating new EX4 files- if you happen to find any entry method as substitute for arrow,please ensure it has a corresponding source/mql file to go along...

Thanks
  • #430
  • Nov 4, 2019 10:05am Nov 4, 2019 10:05am
Quoting LivingCovers
{quote} Good point. This has been on my mind for some time and I suggest we use an indicator called Vulkan Profit indicator which can be found by googling. It shows arrows frequently which can be filtered using the D indicator according to BTM rules. Suggestions are welcome. {file}
Living Covers,

I understand you want to help. At this point we want to avoid incorporating new EX4 files- if you happen to find any entry method as substitute for arrow,please ensure it has a corresponding source/mql file to go along...

Thanks
  • #431
  • Nov 4, 2019 10:06am Nov 4, 2019 10:06am
Quoting aaven
{quote}
That's being incorporated as one of the entry types...
Do you refer to "classic BTM" entry type?
  • #432
  • Nov 4, 2019 10:19am Nov 4, 2019 10:19am
Quoting DrDave
{quote} Here is an example of EURCHF with added D indicator for 60/H1. The smaller sized arrows are from the H1. Note the last arrow shows sell and H4 trend is down. Would you sell, even though the H1 trend is up? Notice the two large green arrows for a buy that is counter-trend to the H4 bands, but a very good entry on H1. With H1 lower band hitting H4 lower band and price landing down there, would you take the counter-trend buy? (Note at the arrows the slope for both H1 and H4 is down.) {image} {image}
Doctor Dave,

My Understanding is: When you mention h1 leading before trend change on h4-so in this case-h1 is showing up- so the down arrow must be ignored, but can a case be made that the overall trend on 4hr is down and price hitting the 1 hour band could be a pullback and ripe for sell entry?

Really curious to learn more- full disclosure- also interested based on the above concept a condition for entry be incorporated in the EA- i.e. substitute/additional entry for arrow-since this seems to be based on market structure principles.

Thanks for the nuggets...
  • #433
  • Nov 4, 2019 10:19am Nov 4, 2019 10:19am
Quoting Alberto_Jazz
{quote} Do you refer to "classic BTM" entry type?
As part of xSuper Trend type...
  • #434
  • Nov 4, 2019 10:32am Nov 4, 2019 10:32am
Quoting aaven
{quote} Doctor Dave, My Understanding is: When you mention h1 leading before trend change on h4-so in this case-h1 is showing up- so the down arrow must be ignored, but can a case be made that the overall trend on 4hr is down and price hitting the 1 hour band could be a pullback and ripe for sell entry? Really curious to learn more- full disclosure- also interested based on the above concept a condition for entry be incorporated in the EA- i.e. substitute/additional entry for arrow-since this seems to be based on market structure principles. Thanks...
I wasn't intending to start an analysis offshoot with these H1 values, but rather present some ideas that anyone might wish to pursue on his own as an addition to the basic BTM strategy. I think there is still plenty of work to be done on finding MQ4 files to replicate the BTM indicators before moving the thread into new territory.
To free Gazans of Hamas, use whatever it takes.
  • #435
  • Nov 4, 2019 10:35am Nov 4, 2019 10:35am
Quoting DrDave
{quote} I wasn't intending to start an analysis offshoot with these H1 values, but rather present some ideas that anyone might wish to pursue on his own as an addition to the basic BTM strategy. I think there is still plenty of work to be done on finding MQ4 files to replicate the BTM indicators before moving the thread into new territory.
Thanks Doctor Dave...
  • #437
  • Edited 1:28pm Nov 4, 2019 12:36pm | Edited 1:28pm
Quoting Mapseam
No time limit. {file}
I am so so so so happy with this.

BTW: Just saw a post of someone mentioning the arrows sometimes don't show up. I tested the "original" BTM system for about 2 weeks and noticed the arrows sometimes don't show. I did however checked the signal and if it met the rules, I took the trade. Made about 10 trades with no-arrow-signal before the indi's expired and had only 1 loss. So I do not care about the arrows.
Will keep testing the system with real account.
I believe so I exist
  • #440
  • Nov 4, 2019 3:52pm Nov 4, 2019 3:52pm
Quoting LivingCovers
{quote} Good point. This has been on my mind for some time and I suggest we use an indicator called Vulkan Profit indicator which can be found by googling. It shows arrows frequently which can be filtered using the D indicator according to BTM rules. Suggestions are welcome. {file}
Nice arrow attachment you sent Vulkan, I have looked at it critically and I think if there is a way to filter trades such that the arrow pop up only when price has gone out of the bands, then it will be way better than the BTM arrows. But firstly these are the questions to ask:
1. Does it Repaint? If it does then there is no point at all.
2. Do you have the mq4 file? I can see it has buffer values but as aaven has already started having the mq4 file is key cos everyone is weary at this moment seeing what happened in the previous thread.
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