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The strength of BE system

  • #61
  • Edited 7:33pm Jan 14, 2026 6:41pm | Edited 7:33pm
Quoting Vershise
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...
Hi Vershise
Great work...you have the exits wrong. The exits are when a candle closes with a similar colour dot on opposite side of mid line or a candle closes outside the opposite band
  • #62
  • Jan 14, 2026 6:48pm Jan 14, 2026 6:48pm
Here are todays results;

34 trades
29 wins
4 losers
6 SL
total pips gained 228
Attached Image (click to enlarge)
Click to Enlarge Name: atr day 5.jpg Size: 425 KB
Totals since end of last thursday;

137 trades
116 winners
8 losers
19 SL
total pips gained 3780

Chris
  • #63
  • Edited 7:30pm Jan 14, 2026 6:58pm | Edited 7:30pm
After looking back at the charts I think it prudent to include in the EA an option to close all open trades before EOD each day.

The result so far would have given us an additional 393 pips giving a new total pips gained of 4173
  • #64
  • Edited Jan 15, 2026 12:44am Jan 14, 2026 11:50pm | Edited Jan 15, 2026 12:44am
Quoting cfudge
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...
Questions:

  1. When you count winnings - do you then use the exit at next dot same colour in the opposite band or at the peak of the opposite band? That means a lot in your counting of pips gained, how you count it.
  2. When you count winnings - do you count opening trades at every signal, no matter if you have a trade in the direction already? So you can have several trades and in both directions at the same time?

MetaTrader 4 - so many advantages.
  • #65
  • Jan 14, 2026 11:51pm Jan 14, 2026 11:51pm
Quoting cfudge
After looking back at the charts I think it prudent to include in the EA an option to close all open trades before EOD each day. The result so far would have given us an additional 393 pips giving a new total pips gained of 4173
What timeslot do you want then (in GMT)?
MetaTrader 4 - so many advantages.
  • #66
  • Edited 7:39am Jan 15, 2026 2:56am | Edited 7:39am
My EA is ready (and I'm ready to share mq4 of course). Please give me a normal TPL-file that works correctly with
atr-channels-mtf.mq4 and ptl 2.07 alerts.mq4 for the EA incorporating indi's settings not from the screenshots.
Just an opinion. Based on research
  • #67
  • Edited 6:48am Jan 15, 2026 5:41am | Edited 6:48am
Quoting cfudge
{quote} Hi Vershise Great work...you have the exits wrong. The exits are when a candle closes with a similar colour dot on opposite side of mid line or a candle closes outside the opposite band
What about multiple trades?

Lets say it appears another entry with the same conditions before the previous trade closes We ignore it?

Heres the updated one
Attached File(s)
File Type: ex4 Channel Hawk EA.ex4   20 KB | 194 downloads
Think Big, Live Large
  • #68
  • Jan 15, 2026 7:28am Jan 15, 2026 7:28am
Quoting Vershise
{quote} What about multiple trades? Lets say it appears another entry with the same conditions before the previous trade closes We ignore it? Heres the updated one {file}
My question in #64.

We need to know how Chris counts the trades, because the robot must work the same way in order to have maximum succes.
MetaTrader 4 - so many advantages.
  • #69
  • Jan 15, 2026 7:46am Jan 15, 2026 7:46am
Quoting cfudge
This will outline the rules for an EA
Attached File(s)
File Type: mq4 BEsys.mq4   27 KB | 214 downloads

IF
Quoting cfudge
{file} {file}
settings are NOT default,
please share TPL to get the parameters for the EA calculations not from the previous screenshots of the previous system edition indicators.
Just an opinion. Based on research
  • #70
  • Jan 15, 2026 9:13am Jan 15, 2026 9:13am
I have messaged you RiskFighter
I have shouted at you Vershise
I will post a TPL later today since80808
  • #71
  • Jan 15, 2026 1:58pm Jan 15, 2026 1:58pm
Hi system looking good thank for sharing i`m subscribed.
  • #72
  • Jan 15, 2026 3:40pm Jan 15, 2026 3:40pm
Congratulations on the new thread cfudge (Chris).
Very impressive research and development, I've subscribed and looking forward to future development, what would you like to see from us looking in ?, I'm no coder but have ideas and happy to trade live results, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #73
  • Jan 15, 2026 6:33pm Jan 15, 2026 6:33pm
Quoting since80808
{quote}{file} IF {quote} settings are NOT default, please share TPL to get the parameters for the EA calculations not from the previous screenshots of the previous system edition indicators.

Template file
Attached File(s)
File Type: tpl ATR channel new EA.tpl   2 KB | 256 downloads
  • #74
  • Jan 15, 2026 6:37pm Jan 15, 2026 6:37pm
Quoting RiskFighter
{quote} My question in #64. We need to know how Chris counts the trades, because the robot must work the same way in order to have maximum succes.
If we are selling and a candle closes with a dot of the same colour below the mid line we count the pips to the close of that candle, however, if a candle closes beyond the opposite band before we get a dot candle that candles close will be to where we count the pips.
  • #75
  • Jan 15, 2026 7:18pm Jan 15, 2026 7:18pm
Here are todays results...I will do tomorrow also and then hopefully we are testing with EAs next week

34 trades
26 winners
5 losers
3 SL
total pips gained 1400 ( the 1464 is the result if we did not close at EOD)
Attached Image (click to enlarge)
Click to Enlarge Name: atr day 6.jpg Size: 478 KB

So the results from last thursday afternoon to today
171 trades
142 winners
13 losers
22 SL
total pips gained 5180

OUTSTANDING

Chris
  • #76
  • Jan 15, 2026 7:49pm Jan 15, 2026 7:49pm
Quoting cfudge
{quote} If we are selling and a candle closes with a dot of the same colour below the mid line we count the pips to the close of that candle, however, if a candle closes beyond the opposite band before we get a dot candle that candles close will be to where we count the pips.
Here are some images showing how the 2 different closes look...just want to clear this up for everyone

This is some trades closing on a candle where the candle closed above the opposite band (red vertical line). The dots with the purple box are the candles we opened a trade on.
Attached Image (click to enlarge)
Click to Enlarge Name: close on band close.jpg Size: 200 KB


This next pic shows a purple box around a pink dot who's candle we opened a trade on. The red line is on the candle that closed over the mid line and had a pink dot.
Attached Image (click to enlarge)
Click to Enlarge Name: close on dot.jpg Size: 82 KB



Hope this helps.

Chris
  • #77
  • Jan 15, 2026 7:59pm Jan 15, 2026 7:59pm
Here is a pic showing trades in both directions...we trade any valid setup.
Attached Image (click to enlarge)
Click to Enlarge Name: both directions.jpg Size: 113 KB
  • #78
  • Jan 15, 2026 9:41pm Jan 15, 2026 9:41pm
Hi cfudge, thank you for sharing your new idea. I believe this method will perform very well in ranging markets;
however, I think this method will suffer significant losses in strong trending markets. Are there any other solutions for this situation?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 50 KB
  • #79
  • Edited 10:56pm Jan 15, 2026 10:33pm | Edited 10:56pm
Quoting Asensio21
Hi cfudge, thank you for sharing your new idea. I believe this method will perform very well in ranging markets; however, I think this method will suffer significant losses in strong trending markets. Are there any other solutions for this situation? {image}
Hi Asensio21
I was perusing your Gold thread today...glad to see you here
To my eyes I see (in order from left to right)
3 wins 1 SL 1 loser 6 wins 1 SL
total pips -(36)
Attached Image (click to enlarge)
Click to Enlarge Name: january 2.jpg Size: 261 KB

This is a snippet of a chart does not represent expected returns...
Chris
  • #80
  • Jan 16, 2026 2:04am Jan 16, 2026 2:04am
Quoting cfudge
This system uses 2 indicators ptl2 07 alerts and ATR Channel mtf
There is no ptl2 in the template
Quoting cfudge
{quote} Template file {file}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
Just an opinion. Based on research
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