BAT EA modification

I have been using the BAT EA given to all by Fuki (Separate thread here on FF) and have found that it is incredibly profitable when you remove the 2nd and 3rd trades. You can look at the BAT ATR indicator on most any chart and see very profitable trades assuming the EA takes the trades. The question I would like help with will be simple for the programmers, but I am not a programmer. When I "turn off" trades 2 and 3 by changing the trade volume to "0", I get invalid parameter errors and basically the EA stops working. If we can get this to take the initial trade only and not reload on the fib retracements, this EA will be incredibly profitable. If someone can fix this programming problem then the trends will take care of the rest.

please put EA here

The EA and indicator are attached below.

Mothman,

i also trade the BAT i think there are prob only a few of us that do.. i hope u have been making money from the system.. i would be intered in also making a few little changes to this system to see if i can make more profitable... i have considered not to use the retracement trades and perhaps to try and use a diff way of placing the stop... perhaps just below or above the 61.8 retracement level.

Would be intested to here your views.

Cheers Charlie

Charlie,

Are you trading BAT manually or using Fuki's EA? I have been using the EA because I don't have the time to be in front of the computer all day to monitor trades. The problem with the EA is that you make good money on the big trend moves that occur very often on the 1 hr and 4 hr timeframes only to give back the profits with the retracement trades during consolidation. If we can find out how to make the EA not take the retracement trades and still take all of the initial trade signals, then the profits will follow. Looking forward to your thoughts.

Mike

If you trade the BAT system on the 1 hour chart only and take the next candle that exceeds the first candle that crosses the BAT line. Move stop loss to Break even after 50 pips.

This has a 75% success rate on the GBP/JPY.

Waiting for the next candle must be within 5 hours this filters out alot of false b
trades.

Try looking back and you will see what I mean.

I do not bother with additional trades just 1 lot

Regards
Dave

'OrderReliable.mqh' - cannot open the program file C:\Program Files\Metatrader 4-Metaquotes\experts\BAT EA V 1[1].5 free version.mq4 (26, 1)
When I compile this EA I get previous message.

Dave,

You are trading BAT manually I assume? I like your idea. I'll have to look back on some GBP/JPY charts. Thanks

Mike

Adria.

I copied the files from post #141 of "The BAT method- The EA" by Fuki on Forex Factory. That post has the instructions on how to install. Hope this helps.

Mike

put this file into "c:\Program Files\FXDD - MetaTrader 4\experts\include" dir

hope it is what you want .

change log:
1. remark all limit order line ,there is no limit order will be open

You do get quite a few 0 trades in a ranging market ( you get stopped out at Break even) but that's fine by me, but when the market trends you always get the move and the trailing stops work beautifully

Dave

Mothman and others,

i have been doing my own testing and have been entering with 2 lots at the BAT line. I then have my stop 35 pips below this level for the GBPUSD. One target is exited at the 1.44 fib extension and then stop is moved to B/E. The other lot is exited at B/E or the bat trailing stop.

I think it would be good to work on a way to maximise this systems profitability with a smooth equity curve without the use of the retracements. I like to use a 35 pip stop as this helps miximise risk to reward and would allow u to trade more lots on a single trade. this obvioulsy means u do miss some good traded but......... you don't get something for nothing. I have used this 35 pip stop on other GBPUSD systems of mine and also know that an X Royal bank of Canada trader used this stop level often in his own trading.
GBPJPY is a 50 pip stop and AUDJPY is a 30 pip stop.

Like to hear your views on this... perhaps we should try and work together on turbo charging this system.......

Cheers Charlie

OK,

i am also thinking of applying the rule where price must break the price bar that break the BAT line by 5 pips within 5 price bars. As mentioned in a post above, i'll get testing on this.

Charlie

Muyuan 11,

I will give this EA a try and see how it works. I appreciate your help. I'll post my finding here in the forum.

Mike

Charlie,

That is an interesting idea. I'm always of the mindset that 2 (or more) heads work better than one. My whole reason for joinf FF and starting this thread is for community success in the markets.

Mike

Mike,

i'm testing my ideas at the moment and will get back with results whether good or bad. I hope to have teh first idea tested within the day.

Cheers Charlie

Hi to all,
the BAT EA, been talking about, i would love to visits fuki's thread, please someone here guide me to the right thread on the EA discussion..
Thanks.

Here is a link to the original thread by fuki:

http://forexfactory.com/showthread.php?t=14073

I'm still working on this... anyone with any ideas they have TESTED or plan to test?