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BAT System...

  • #1
  • First Post: Nov 9, 2007 1:58am Nov 9, 2007 1:58am
I would post this in the BAT thread, but it appears dead. I have PM'd Team Aphid....but no answers and no one answers my questions in there....
This is a weird question but one I feel needs asking. If you have noticed, the GBP/USD is going WAY up. Last week, once the red line was broken, price never came close to the blue line for the rest of the week. So far this week, Price broke the red line on Monday, and again traveled so high that it never again came close to the blue line. my question is, is there a way to make the red line "re-form" even if the blue line is never touched?? I feel like I am missing TONS of opportunities when price does this. Also, does anyone know if this pair works on other pairs other than GBP/USD and GBP/JPY?? I would love to broaden my chances of entering trades using this method...at present I feel "handcuffed" to the GBP/USD as I do not trust the GBP/JPY. Any suggestions or maybe you know of another system similar to this one?
  • #2
  • Nov 9, 2007 2:54am Nov 9, 2007 2:54am
Actually the bat system is not dead, you already posted on it today.
  • #3
  • Nov 9, 2007 2:57am Nov 9, 2007 2:57am
Actually I have posted in it several times! But my questions go un-answered....maybe there is some kind of protocal I am not following. But everytime I post a question in there...it seems it goes un-answered! Unless I just have overlooked it.....which I highly doubt, since I spend an average of 10 hours a day scanning through this forum...and calendar..but thanks for not helping!!
Quoting WHTenn
Actually the bat system is not dead, you already posted on it today.
  • #4
  • Nov 9, 2007 3:22am Nov 9, 2007 3:22am
It may be a system that is not favored anymore. If no one posts after you, consider it an indication that traders have moved on.


Good Luck
  • #5
  • Nov 9, 2007 3:26am Nov 9, 2007 3:26am
That is definitely not the case....this system is the best one on this forum!! Talking ceases..when the system works!!

Quoting WHTenn
It may be a system that is not favored anymore. If no one posts after you, consider it an indication that traders have moved on.


Good Luck
  • #6
  • Edited 4:00am Nov 9, 2007 3:29am | Edited 4:00am
It's a very good system. I traded it for about a month.

It's a monster to manage though. You have to watch it day and night and you're constantly posting orders.
  • #7
  • Nov 9, 2007 4:02am Nov 9, 2007 4:02am
It's an excellent system! You are right, but this fits my trading style as I am in front of my computer 12 hours a day 6 days a week! I have made enormous gains from it...when it hits! The redline is a MONSTER when it hits. Right now the dollar is so weak, I am leery of the blue line cross. But when it crosses, that means another red lines forms...sit and wait, red line cross I open 5 lots....I've made over $11k since the 1st of Oct 07, in a LIVE ACCOUNT!! In 6 weeks of using this system, I am 100% positive trades...ZERO loosers (when using the 1 trade method only). So you can see why I can't wait for the blue line cross....it's like watching grass grow, but well worth it when it hits! So far since I went live.....I am over $17k in my live account JUST FROM THE BAT SYSTEM! (opened my account on the 1st of Oct with a $5K balance)! Not bad for 6 weeks worth of waiting and constantly posting trades. ..I consider it my job!
Quoting billbss
It's a good system. I traded it for about a month.

It's a monster to manage though. You have to watch it day and night and you're constantly posting orders.
  • #8
  • Nov 9, 2007 4:03am Nov 9, 2007 4:03am
Hi Colostarr,

You need to play with parameters to change ATR line distance to prices. Or one other option would be to change your stoploss levels.

We have backtested and traded this system on three currencies only, GBPUSD, GBPJPY and EURAUD.

Best Regards,
Team Aphid


Quoting Colostarr
I would post this in the BAT thread, but it appears dead. I have PM'd Team Aphid....but no answers and no one answers my questions in there....
This is a weird question but one I feel needs asking. If you have noticed, the GBP/USD is going WAY up. Last week, once the red line was broken, price never came close to the blue line for the rest of the week. So far this week, Price broke the red line on Monday, and again traveled so high that it never again came close to the blue line. my question is, is there a way to make the red line "re-form" even if the blue line is never touched?? I feel like I am missing TONS of opportunities when price does this. Also, does anyone know if this pair works on other pairs other than GBP/USD and GBP/JPY?? I would love to broaden my chances of entering trades using this method...at present I feel "handcuffed" to the GBP/USD as I do not trust the GBP/JPY. Any suggestions or maybe you know of another system similar to this one?
  • #9
  • Nov 9, 2007 4:08am Nov 9, 2007 4:08am
Quoting Colostarr
It's an excellent system! You are right, but this fits my trading style as I am in front of my computer 12 hours a day 6 days a week! I have made enormous gains from it...when it hits! The redline is a MONSTER when it hits. Right now the dollar is so weak, I am leery of the blue line cross. But when it crosses, that means another red lines forms...sit and wait, red line cross I open 5 lots....I've made over $11k since the 1st of Oct 07, in a LIVE ACCOUNT!! In 6 weeks of using this system, I am 100% positive trades...ZERO loosers (when using the 1 trade method only). So you can see why I can't wait for the blue line cross....it's like watching grass grow, but well worth it when it hits! So far since I went live.....I am over $17k in my live account JUST FROM THE BAT SYSTEM! (opened my account on the 1st of Oct with a $5K balance)! Not bad for 6 weeks worth of waiting and constantly posting trades. ..I consider it my job!

I agree. That system was the one time I wanted a dependable EA.
If I had one, I would trade it now.

Food for thought- I would trade it exactly as Team Aphid wrote it. They test those things thoroughly and if they say to open those other orders, I would do it.
  • #10
  • Nov 9, 2007 4:12am Nov 9, 2007 4:12am
Thank you Team Aphid for that! But I have NO IDEA how to make those changes....not even a remote clue! Therefore I have relied on the experts...and so far that has paid off. What setting do you use for the EURAUD??
Quoting TeamAphid
Hi Colostarr,

You need to play with parameters to change ATR line distance to prices. Or one other option would be to change your stoploss levels.

We have backtested and traded this system on three currencies only, GBPUSD, GBPJPY and EURAUD.

Best Regards,
Team Aphid
  • #11
  • Nov 9, 2007 4:18am Nov 9, 2007 4:18am
Thank you again for your infinite wisdom BillBSS! I value your opinion! But I am not a smart man, I don't know about EA's or how to write them, or install them in my MT 4. I had a helluva time putting the BAT into my MT4. One thing I found out, is that if you aren't greedy, 20 pips give's you a good penny when trading 5 lots. 20 pips=$1,000.00. After a red or blue line cross...20 pips is about 97% guaranteed. I stop when I get 20 pips...whether the system has hit 161.8 or not. Who needs to make more than a $1000.00 a day / $5,000.00 a week? Not me, I am patient and content when I walk away with only 20 pips and $1,000.00. The way I see it, i am $1,000.00 richer than I was when i woke up that day! And there is always tomorrow!
Quoting billbss
I agree. That system was the one time I wanted a dependable EA.
If I had one, I would trade it now.

Food for thought- I would trade it exactly as Team Aphid wrote it. They test those things thoroughly and if they say to open those other orders, I would do it.
  • #12
  • Nov 9, 2007 4:24am Nov 9, 2007 4:24am
Quoting Colostarr
Thank you again for your infinite wisdom BillBSS! I value your opinion! But I am not a smart man, I don't know about EA's or how to write them, or install them in my MT 4. I had a helluva time putting the BAT into my MT4. One thing I found out, is that if you aren't greedy, 20 pips give's you a good penny when trading 5 lots. 20 pips=$1,000.00. After a red or blue line cross...20 pips is about 97% guaranteed. I stop when I get 20 pips...whether the system has hit 161.8 or not. Who needs to make more than a $1000.00 a day / $5,000.00 a week? Not me, I am patient and content when I walk away with only 20 pips and $1,000.00. The way I see it, i am $1,000.00 richer than I was when i woke up that day! And there is always tomorrow!
That works when the market is trending. Right now it is, and trending systems are like shooting fish in a barrel. It won't always be that way. You need to milk it for all its worth while you can, to tide you over when money isn't that easy to make.
  • #13
  • Nov 9, 2007 4:31am Nov 9, 2007 4:31am
Quoting TeamAphid
Hi Colostarr,

We have backtested and traded this system on three currencies only, GBPUSD, GBPJPY and EURAUD.

Best Regards,
Team Aphid
Team Aphid,
Are you still trading this live? Can you share the results you have achieved since you previously posted your results?
Thanks
Charlie
  • #14
  • Nov 9, 2007 4:35am Nov 9, 2007 4:35am
Very good point sir! Which is why I posted the question that I did and the reason that I chomp at the bit for the blue line to cross. Also, I thought that other than the news that the FOREX works in trends anyway? When would it ever not trend? Not being sarcastic, but everything that I have ever read on the FOREX states that it trends very well??? This is information that I have found over and over again. This system was back tested (don't remember who did it) through 2004, and the results were staggering (for GBP/USD).
Quoting billbss
That works when the market is trending. Right now it is, and trending systems are like shooting fish in a barrel. It won't always be that way. You need to milk it for all its worth while you can, to tide you over when money isn't that easy to make.
  • #15
  • Nov 9, 2007 4:47am Nov 9, 2007 4:47am
Quoting Colostarr
Very good point sir! Which is why I posted the question that I did and the reason that I chomp at the bit for the blue line to cross. Also, I thought that other than the news that the FOREX works in trends anyway? When would it ever not trend? Not being sarcastic, but everything that I have ever read on the FOREX states that it trends very well??? This is information that I have found over and over again. This system was back tested (don't remember who did it) through 2004, and the results were staggering (for GBP/USD).
Pull up a weekly chart or daily chart and you will see times that the market was choppy.
The problem is that chop doesn't merely prevent you from making money, it takes money away from you- more than you can imagine.
  • #16
  • Nov 9, 2007 4:55am Nov 9, 2007 4:55am
Noted sir! Thank you!

Quoting billbss
Pull up a weekly chart or daily chart and you will see times that the market was choppy.
The problem is that chop doesn't merely prevent you from making money, it takes money away from you- more than you can imagine.
  • #17
  • Nov 9, 2007 5:58am Nov 9, 2007 5:58am
FINALLY! I set a sell stop 5 pips below the blue line(8 lots). Just in case it droped while I walked home (I live and work on a military camp). I set my TP for 10 pips. Low and behold, it dropped. While I walked home, I earned $800.00 ! I am continuing to watch it, if the next candle opens below the blue line...I'm all in....20 pips...10 lots! Ah what a good day! I haven't traded in 4 and 1/2 days...FINALLY it hit for me! If you aren't using the BAT now...YOU SHOULD BE! Keep the thread ALIVE!!!!!!! Now watch on Monday (as a red line is now forming). It will bust through again...hopefully another profitable day and I'll be HOME soon!
  • #18
  • Edited 6:52am Nov 9, 2007 6:49am | Edited 6:52am
Well I took 20 more (only 8 lots...too chicken), but with the previous trade of 10 pips $800, and this one (open at 2.1006 closed at 2.0986) took $1,600 more. So for not have taken ONE trade all week until today, I think I will take my pips and watch a movie! $2,700.00. Not bad for 15 minutes work! I LOVE my part time (soon to be full time) job!Thank you so much Team Aphid!!!!

THE BAT ROOOOCKKKS!!!!!!!!!! I love it!!!!!!!!!!!! Whoo hooooooo!!! Whew...good end to a BAD week!
  • #19
  • Nov 9, 2007 8:42am Nov 9, 2007 8:42am
We used same settings for all curencies.

Quoting Colostarr
Thank you Team Aphid for that! But I have NO IDEA how to make those changes....not even a remote clue! Therefore I have relied on the experts...and so far that has paid off. What setting do you use for the EURAUD??
  • #20
  • Nov 9, 2007 8:45am Nov 9, 2007 8:45am
Hi Charlie,

We are trading a modified version of BAT on EURJPY and GBPJPY only. For GBPUSD we are trading another system we created.

Best Regards,
Team Aphid

Quoting charlies
Team Aphid,
Are you still trading this live? Can you share the results you have achieved since you previously posted your results?
Thanks
Charlie
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