Stalkboard : Being released for MT5 & WEB

Anyway, I made an indicator (dashboard) for Metatrader 4 around 3 or so years ago that has gone quite viral over the years. It started off as a paid product but due to some unauthorized reselling at 3x of its original price I released it on a telegram channel for free. After sometime, I left the world of Forex and have been busy with life. However, Life and certain situations has brought me back to being a freelance programmer and I've just decided to do a remake on this indicator for some reasons.

1. A lot of users have reported that it does not work : I admit that it could have been a security measure that I forgot to remove while releasing it for free and I Apologize for that.
2. Stalk-Board has proven to be a great product for the busy trader

Why Am I making a separate Thread?
Because Ive got several messages, emails, telegram DMs about this product
People have complained about this over a series of threads in platform tech which if I now respond would be considered as old spam or so and It would be hard for any new people who have questions about this to see the real response by me (Unless I reply to each of them, which I do not want to do)

So I would like to tell everyone who is interested in stalkboard the following:



For the newcomer who has no idea what I am talking about:
Stalk-board was a dashboard that tracked BTMM signature trades. In the new version I am building somethings will be made dynamic to fit this dashboard based tracking system to any trading system of your choice. (Hopefully)

Stalk-board used to look like this in MT4 and is based on really simple calculations. The one that people thinks is magic is actually just an ATR calculation measuring pairs that are doing too huge moves than their average true range. Also worth noting that there are really impressive paid solutions replacing stalk-board out there made by people after taking stalk-boards design and original idea. I would still make a free version nevertheless and hopefully make it better than those paid copy versions.



Will update on the progress

Stalk-boards first MT5 version has been released. People who wants to check it out (while expecting bugs) can join on https://t.me/thestalkboard

Short intro to Stalk-Board is here:

Visual ADR

Visual ADR was released today on the stalkboard channel. (https://t.me/thestalkboard)

It visualizes the peak data in Stalk-Board. More info on channel. This is also Free.

Hello! I appreciate your amazing work. I am a BTMM trader and I really love your creations. I would really love your stalk board for MT4. Is there anyway I could do to get the old one to work? Or do you plan to release a new version for MT4 users? After all, BTMM templates and indicators were made for use with MT4 platform. Either way, appreciate your work. Thanks do much! Best

When I started recreating stalk-board I was told by many people that Meta trader 4 is being ditched much aggressively than before. However now I realize they are not very true. I will try to make a version of stalk-board for Metatrader 4 as well. But personally I believe that It is time to move on to Metatrader 5.

If I were to summarize the Basic BTMM indicator setup they are:
- Worktime / Session times / SH Boxes
- Moving averages 5,13, 50, 200, 800
- Traders Dynamic Index

Here Im including Both Worktime and TDI for MT5 which I did not make (Full credit to the authors)

Moving averages are already included within MT5
Creating a template with the BTMM colour set can easily be imitated.

I have much updates planned for stalk-board for Q1 2023 which will include more Intraday stuff (the very basics of BTMM & ICT)
Also the making of a web version which will make stalk-board be used universally, without needing a Metatrader Installation on a Desktop.

In the new years update we have already added one of the basic BTMM Drills Known as High Low Drill (IHOD and ILOD) Please see https://t.me/thestalkboard/17

However, It will be very hard for me to maintain for both Mt4 and Mt5 at the same time as Stalk-board is 100% Free and done on spare time.

So What I will do is give the basic stalk-board version for MT4 and the future updates will only be sent for MT5. Please let me know if there are any other barriers for you or anyone that is stopping, from switching over to MT5. If there is anything I can do to make the transition easy I'm willing to do it, just so that I can keep Stalk-Board on MT5.

Also, Thank you for the kind words! Wish you the best!

How do i translate this chart since its showing the two peak lines .thanks

If you are counting Peak formation Low (red) the lines in green (related to peak high) are not relavant. And you would be counting from the valid peak only.

The core teachings of the method emphasizes that the person follows the most recent (3-4 days of data) for getting the bias. So If the current peak is on the low you wouldnt care about the other side even if the indicator does show them.

The peak is only confirmed / locked after a 1xADR is made off of the peak. and then the next day is level 2 which brings the safety trade / 5050 bounce and so on with the new peak formation.

The indicator also cannot accurately pin point the peak. It uses 10 days by default. but it is present as an option for you to adjust. If the peak is 20 days back you can just enter 20 as the weekly structure days and it will adjust. (Sometimes it happens as consolidation and level 3 goes on for long periods)

The main purpose of the indicator should be to see if 1xADR correction has happened after the trend move. (The new peak). It surely can also be used as a help for level count but I dont think it can replace it.

Edit: It can also be a predictor of a tp if you wish to hold for several ADRS

More improvements will come soon!

High Low Profiler has been released on the stalk-board channel


Join : https://t.me/thestalkboard



As some of you are confused of how to use stalk-board here is some guide created by Nick who has copied stalk-board while I was away, and even today is selling the same data for 500$ a year. He also claims that the peak formations are detected by Artificial Intelligence.

These are lies but the upcoming updates for my stalk-board will include AI based detections much much beyond from where this dashboard is and it will be free.

If you want to see some of the tests we are currently running join https://t.me/paradoxcharts, a fully automated signal system created from the high low logic of stalk-board. (The signal system might not be free in future)

Paradox is stable and in Beta

Paradox, the indicator that takes the high low data from stalk-board combining with order blocks is now in beta for everyone to try out.

The rules to follow are simple and easy for anyone to follow. We will be catching the high and low of the day, accurately across all pairs in realtime. The signals are fully automated and comments will be made regularly about whether they are valid or not and how much of a gain they made.

All of this will happen on this public telegram channel: https://t.me/paradoxcharts and is free as of now. My goal is to take this to full automation if possible however that is just a dream as of now and it may not be possible.


For people who want to see the level of accuracy paradox brings, here is a backtest upto DEC 1 of 2022 where we made a 25% gain backtesting EU alone.



Paradox does not repaint. However multiple attempts are made to capture the High and Low and they work on an aggregate with a very high probability if you follow the simple rules.

Hello Fauzan.

I'm trying to 100% understand your work. I'm honest, I'm intrigued by your project and I'm trying to understand it.

Doing some tests with the indicator that you shared on telegram I have had some errors, in some pairs it loads and displays correctly until a certain time, but then the levels are no longer updated. In this case of the AUDUSD I place the indicator on the chart but I don't see any line.

Thank you for your work and sharing it.


Blessings and good luck.

Yup. Its supposed to be a backtest tool to find out the average candles it takes before the 1/3rd point is reached when the high or low is formed. meaning to be used to visually see how it happened several days back when the high and low was formed. So I did not make the lines move/update actually. But I will make one very soon as your interested.

and now that ive said it I guess a script would have been more useful for this case.

But until then the only way i Guess is to manually reload each time. Hopefully tonight I will make it update, if I get some time. Thank you for the interest!

Thanks my friend

The very much requested MT4 Release for Stalk-Board is here.

Attached Image (click to enlarge)

Nothing is different from the current MT5 Version but this will be the last version for MT4 for Stalk-Board. (If bugs found I will always update)

There are also no restrictions that will ever stop this from working. No Expiry, No extra verifications. Just that I wont be updating this release regularly and improving it.

MT5 maybe scary but that is where the performance is at and I trust everyone relying on tools like stalk-board will transition in their time to MT5.

But that wont matter when stalk-board makes its own web platform and crossplatform apps. (Hopefully Q1 2023)

Regards.

For Vicente and someone else who maybe interested in seeing the highlow profiler in realtime.

Now it should be real time. Let me know if there are any issues.

Paradox automated signals can now also be accessible from: https://twitter.com/Paradoxsignals

The rules we follow for paradox changed mid last week simplifying the system a lot (was updated on telegram channel)
1. Enter right away
2. If a M5 close is made beyond extreme (High of day for sell and Low of day for Buy) and even if SL is not taken out (which is 99% of the times) - Exit the trade
3. At breakeven point breakeven or minimize SL at the most distance you can
4. Go for 1:2 is the current full automation targets and they are working pretty well.

Feel free to experiment yourself for setting the TP as the best aproach for winning exits is still in the works


Most of the loss trades are early exits at around -0.25% (assumes risk per trade is 1%)
we get very few full SL hits (-1%)
There are a lot of breakevens (0)
And the winners are always +2% and they are a little under the -0.25%'s we get (as 1:2 its profitable)

Next week begins full automation tests for paradox

For MT5 version stalk-board we need Highlowprofiler.ex5 and VisualADR.ex5

Thanks

Correct. I have not made them for MT5 yet. Soon to come

OK, no worries, take your time.

Progress update on paradox:
I fully automated the system but realized that it only works well for half of the year. Tests will stop. If no further interest is seen, signals channel will also be shutdown but I will soon release the main indicator used for this. Maybe there will be some use combined with some other information because the predictions about the highs and lows of the day are accurate for one half of the year. (I just dont have the time to keep messing around with this to filter out whatever I am missing here)


This week and from now on my focus will be on making stalkboard for the web.
I have all of these published on my gumroad shop as well if you would like to support and contribute to the development of stalkboard. (https://shop.fauzaanu.com)
Stalkboard is free from here too, if you type $0 and checkout.

last week I also released the ATR Profiler (https://shop.fauzaanu.com/l/atr-profiler)

which predicts the range in a dynamic range rather than the fixed ADR we have before. Fixed ADR still has the use of predicting the daily average while this takes a candle by candle aproach meaning the range breach may happen at any time where sudden price movement happens. (More detailed explainations are given at both telegram and the main link of ATR Profiler)


Happy Weekend To Everyone!