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BTM - Expert Advisor (EA)

  • #461
  • Nov 14, 2019 12:56am Nov 14, 2019 12:56am
Good morning.

There were alerts last night on AUDJPY, AUDUSD, EURAUD, EURJPY, USDJPY:
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And you will leave pain to take care of itself.
  • #462
  • Nov 14, 2019 1:11am Nov 14, 2019 1:11am
Quoting JoeeF
Good morning. There were alerts last night on AUDJPY, AUDUSD, EURAUD, EURJPY, USDJPY: {image} {image}
Easy "No Entry". Below lower band.
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And you will leave pain to take care of itself.
  • #463
  • Nov 14, 2019 1:13am Nov 14, 2019 1:13am
Quoting JoeeF
Good morning. There were alerts last night on AUDJPY, AUDUSD, EURAUD, EURJPY, USDJPY: {image} {image}
The same as above.
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And you will leave pain to take care of itself.
  • #464
  • Nov 14, 2019 1:16am Nov 14, 2019 1:16am
Quoting JoeeF
Good morning. There were alerts last night on AUDJPY, AUDUSD, EURAUD, EURJPY, USDJPY: {image} {image}
Easy "No Entry". Above upper band.
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And you will leave pain to take care of itself.
  • #465
  • Nov 14, 2019 1:19am Nov 14, 2019 1:19am
Quoting JoeeF
{quote} Easy "No Entry". Below lower band. {image}
Quoting JoeeF
{quote} The same as above. {image}
Quoting JoeeF
{quote} Easy "No Entry". Above upper band. {image}
The same situation. Entry signal after long bar.
And you will leave pain to take care of itself.
  • #466
  • Nov 14, 2019 1:23am Nov 14, 2019 1:23am
Quoting JoeeF
Good morning. There were alerts last night on AUDJPY, AUDUSD, EURAUD, EURJPY, USDJPY: {image} {image}
2019.11.14 03:15:00, INFO: symbol:EURJPY, bid:119.690, r1:120.101, s1:119.498, reward:192.0, risk:411.0

This is a little bit better signal.
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And you will leave pain to take care of itself.
  • #467
  • Nov 14, 2019 1:28am Nov 14, 2019 1:28am
Quoting JoeeF
Good morning. There were alerts last night on AUDJPY, AUDUSD, EURAUD, EURJPY, USDJPY: {image} {image}
2019.11.14 03:45:01, INFO: symbol:USDJPY, bid:108.708, r1:109.087, s1:108.593, reward:115.0, risk:379.0

The same as above.
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And you will leave pain to take care of itself.
  • #468
  • Nov 14, 2019 1:37am Nov 14, 2019 1:37am
USDCHF
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And you will leave pain to take care of itself.
  • #469
  • Nov 14, 2019 1:41am Nov 14, 2019 1:41am
Quoting JoeeF
USDCHF {image} {image} {image} {image}
2019.11.14 08:30:20, INFO: symbol:USDCHF, bid:0.98892, r1:0.99288, s1:0.98774, reward:118.0, risk:396.0

These signals are important learning material for us.
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And you will leave pain to take care of itself.
  • #470
  • Nov 14, 2019 2:05am Nov 14, 2019 2:05am
The EA took NZD/JPY:


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Stick to the plan!
  • #471
  • Nov 14, 2019 2:19am Nov 14, 2019 2:19am
Quoting Klausi
The EA took NZD/JPY: {image}
Yeah, it took it for me also...let's wait and see how this goes!
  • #472
  • Nov 14, 2019 3:23am Nov 14, 2019 3:23am
USDCNH
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And you will leave pain to take care of itself.
  • #473
  • Nov 14, 2019 3:29am Nov 14, 2019 3:29am
Quoting JoeeF
USDCNH {image} {image}
2019.11.14 09:59:59, INFO: symbol:USDCNH, ask:7.02709, r1:7.03790, s1:7.01423, reward:1081.3, risk:1285.7

Bad RRR. A big spread ...
And you will leave pain to take care of itself.
  • #474
  • Nov 14, 2019 3:33am Nov 14, 2019 3:33am
EURJPY
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And you will leave pain to take care of itself.
  • #475
  • Nov 14, 2019 3:34am Nov 14, 2019 3:34am
Quoting JoeeF
EURJPY {image} {image} {image}
2019.11.14 10:15:00, INFO: symbol:EURJPY, bid:119.501, r1:120.101, s1:119.498, reward:3.0, risk:600.0

At lower band ...
And you will leave pain to take care of itself.
  • #476
  • Nov 14, 2019 3:39am Nov 14, 2019 3:39am
Quoting Klausi
The EA took NZD/JPY: {image}
I haven't got that up arrow ...
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And you will leave pain to take care of itself.
  • #477
  • Nov 14, 2019 3:40am Nov 14, 2019 3:40am
Hello,

I am reading the thread and starting to implement this, and I put the indicators on my charts, and was looking and experimenting, and I changed TF's up and down, and a simple quick question came up:

- Does the Arrow indicator repaint?

This may have been discussed before, but I did not see it, nor do I see this indie in the original BTM thread.

It may not make any difference to the strategy or EA, I just wanted to confirm if Arrow repaints.

So if someone with more knowledge of this system or indie, could confirm.

Thank you
  • #478
  • Nov 14, 2019 3:42am Nov 14, 2019 3:42am
Some thoughts:

- It appears that when the trend is established and pushing hard, the entry is too late for risk / reward and bands. But the bands *could* paint lower/higher, we don't know
- When the trend is establishing, the system can be prone to stop loss due to price retracement before pushing hard
- All trend days have reversals, that can catch the system out.

Still analysing for now. Somewhere in there is a sweet-spot. Entries as close to pivot as possible seem best.
  • #479
  • Nov 14, 2019 3:50am Nov 14, 2019 3:50am
Quoting swd
Some thoughts: - It appears that when the trend is established and pushing hard, the entry is too late for risk / reward and bands.
On the basis of my previous experience with the BTM thread, I could say that on a weekly basis there are not so many signals with good risk/reward ratio.

It's a system the requires patience to wait a good retracement in a well established trend.
  • #480
  • Nov 14, 2019 3:52am Nov 14, 2019 3:52am
Quoting JoeeF
{quote} I haven't got that up arrow ... {image}
Taken also here


2019.11.14 10:00:53, INFO: symbol:NZDJPY, ask:69.612, r1:70.132, s1:69.150, reward:519.7, risk:462.3 (JF4XTraderTrdStr.mqh; Line: 506)
2019.11.14 10:00:54, INFO: S:NZDJPY, PERIOD_M15, Buy() OK (JF4XTraderTrdStr.mqh; Line: 153)
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