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The strength of BE system

  • #41
  • Jan 12, 2026 11:12pm Jan 12, 2026 11:12pm
Here are some actual trades taken this evening...The closes are not correct because when I noticed the chart I thought the bar had closed under the band
being on the 1M Gold chart I scrambled to close the trades LOL also the entries are no exact because I am manually placing them on a 1M chart.
Going to bed now..........

Chris
Attached Image (click to enlarge)
Click to Enlarge Name: atr actual.jpg Size: 296 KB
  • #42
  • Jan 13, 2026 5:52am Jan 13, 2026 5:52am
Quoting cfudge
{quote} Yes that would be the next obvious path... Chris
I am a bit busy for the time being. However this should be an easy robot to make. So I will take a look at it within short time.
MetaTrader 4 - so many advantages.
  • #43
  • Jan 13, 2026 6:55am Jan 13, 2026 6:55am
Hi cfudge, thanks for your strategy. I'm sorry, but I still don't understand how the system works. Can you give me more information about the entry, exit and timeframe?
  • #44
  • Jan 13, 2026 11:42am Jan 13, 2026 11:42am
Hello Cfudge,is there a reason why you this strategy during the Asian session?
  • #45
  • Jan 13, 2026 8:04pm Jan 13, 2026 8:04pm
This will outline the rules for an EA for the revised system for this thread.

The system we are talking about can be found on post 34.

This system uses 2 indicators ptl2 07 alerts and ATR Channel mtf. The bands are not specific to the entries, only the mid line is important. The bands and mid line are important for exits. Ptl 2.07 alerts is important for both entries and exits.

For entering a trade we need a dot to appear on a closed candle (pink=sell/green=buy). For a Pink dot to be valid it must print above the mid line, the candle can not have pierced the mid line. For a Green dot to be valid it must print below the mid line, the candle can not have pierced the mid line. These 2 scenarios can happen inside or outside the bands, what is important is that the candle did not pierce the mid line.

After a set up happens the trade should be opened on close of candle with the dot. We need a “user input” for SL amount (150 pips is recommended).
If possible a “user input” for a $amount, % of account and set lot size.

To close a trade we need a dot of the same colour we opened the trade on to print where the candle closes on the opposite side of the mid line from where the trade originated. (for example…if we opened a trade above the mid line, with a pink dot, then we need a candle close below the mid line with a pink dot.

The trade can also be closed if a candle closes outside the opposite band (no dot needed). If possible can there be a “user input” for either a close beyond the band or simply a wick piercing the band.


I think that is it.

Thanks, Chris.
Attached File(s)
File Type: docx This will outline the rules for an EA for the revi.docx   11 KB | 299 downloads
  • #46
  • Jan 13, 2026 8:43pm Jan 13, 2026 8:43pm
Here are results from trades for today;

29 trades
24 winners
2 losers
3 SL
total pips gained 1027
Attached Image (click to enlarge)
Click to Enlarge Name: atr day 4.jpg Size: 462 KB

So the results since last thursday afternoon;
103 trades
87 winners
4 losers
13 SL
total pips gained 3552

Awesome

Chris
  • #47
  • Jan 14, 2026 4:21am Jan 14, 2026 4:21am
Hello. I am attaching this simple indicator (created by AI) to initially check whether your conditions are met.
Thank you in advance.
Attached File(s)
File Type: mq4 Cdufge ATR Bands indicador.mq4   11 KB | 283 downloads
  • #48
  • Jan 14, 2026 4:26am Jan 14, 2026 4:26am
Quoting chaveznqoos
Hello. I am attaching this simple indicator (created by AI) to initially check whether your conditions are met. Thank you in advance. {file}
OK. I await the results. No need for me to make the same.
MetaTrader 4 - so many advantages.
  • #49
  • Jan 14, 2026 7:49am Jan 14, 2026 7:49am
Sorry, it was only meant to help clarify the rules that Christ has provided, for an initial visual phase. If you want, I can delete it.
  • #50
  • Jan 14, 2026 8:17am Jan 14, 2026 8:17am
Quoting chaveznqoos
Sorry, it was only meant to help clarify the rules that Christ has provided, for an initial visual phase. If you want, I can delete it.
No no, not sorry. It's ok. Can it trade? Then let us see how it does.
MetaTrader 4 - so many advantages.
  • #51
  • Jan 14, 2026 8:26am Jan 14, 2026 8:26am
Quoting cfudge
Here are results from trades for today; 29 trades 24 winners 2 losers 3 SL total pips gained 1027 {image} So the results since last thursday afternoon; 103 trades 87 winners 4 losers 13 SL total pips gained 3552 Awesome Chris
Did you forward test or backtest?
  • #52
  • Jan 14, 2026 9:11am Jan 14, 2026 9:11am
Quoting RiskFighter
{quote} OK. I await the results. No need for me to make the same.
Hi RiskFighter
I believe what chaveznqoos has made is an indicator not an EA so we will still require an EA for testing.

Thanks, Chris.
  • #53
  • Jan 14, 2026 9:15am Jan 14, 2026 9:15am
Quoting RiskFighter
{quote} No no, not sorry. It's ok. Can it trade? Then let us see how it does.
Whether it can be traded or not, only Mr. Trump knows
  • #54
  • Jan 14, 2026 9:17am Jan 14, 2026 9:17am
Thought I would post the indis here again for everyone interested


Attached File(s)
File Type: mq4 atr-channels-mtf.mq4   8 KB | 439 downloads

Attached File(s)
File Type: mq4 ptl 2.07 alerts.mq4   12 KB | 412 downloads
  • #55
  • Jan 14, 2026 9:20am Jan 14, 2026 9:20am
Quoting cfudge
{quote} Hi RiskFighter I believe what chaveznqoos has made is an indicator not an EA so we will still require an EA for testing. Thanks, Chris.
aaah - ok.

I am coding right now.
MetaTrader 4 - so many advantages.
  • #56
  • Jan 14, 2026 10:01am Jan 14, 2026 10:01am
OK. 1st. version is running on my PC now. But I have to use time now at the television to learn, if Trump is taking Denmark by militairy force or not. A meeting is held in the White House right now. hmm - maybe we will be in war with US. How insane is that??
MetaTrader 4 - so many advantages.
  • #57
  • Jan 14, 2026 10:04am Jan 14, 2026 10:04am
Quoting smeden
{quote} Did you forward test or backtest?
Eftersom der ikke findes en robot, så tror jeg det er en backward papirstest.
MetaTrader 4 - so many advantages.
  • #58
  • Jan 14, 2026 1:08pm Jan 14, 2026 1:08pm
Quoting RiskFighter
{quote} Eftersom der ikke findes en robot, så tror jeg det er en backward papirstest.
ok.. Er vi sikker den ikke curvefitter?

Men det finder vi nok snart ud af. hehe
  • #59
  • Jan 14, 2026 1:13pm Jan 14, 2026 1:13pm
Quoting RiskFighter
OK. 1st. version is running on my PC now. But I have to use time now at the television to learn, if Trump is taking Denmark by militairy force or not. A meeting is held in the White House right now. hmm - maybe we will be in war with US. How insane is that??
Ja han er syg i hovedet...
Less is more...
  • #60
  • Edited 4:04pm Jan 14, 2026 1:16pm | Edited 4:04pm
I made a simple EA based on what you were trying to describe. Check if alligs:

Core Trading Logic from what i understood:

**Entry Conditions:**

**BUY:** -> Green PTL dot appears **BELOW** ATR midline (candle must NOT pierce midline) -
**SELL:** -> Pink PTL dot appears **ABOVE** ATR midline (candle must NOT pierce midline) -
(Trades open on close of the signal candle)

**Exit Conditions:**
**Close BUY:** -> Pink dot appears above midline OR price closes/pierces opposite band -
**Close SELL:** -> Green dot appears below midline OR price closes/pierces opposite band
Configurable stop loss (SL calculation is in points not pips)


So, backtest and check if it works in agreement with the strategy you gave.


Note: "atr-channels-mtf" and "ptl 2.07 alerts" must be inside your indicator folder with these exact names. Can aslo modify the indicator name on Ea settings tab.

Have fun, happy trading and stay safe.
Attached File(s)
File Type: ex4 PTL_ATR.ex4   13 KB | 224 downloads
File Type: mq4 PTL_ATR.mq4   11 KB | 260 downloads
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