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The Bat...a strategy by Team Aphid

  • #721
  • Oct 15, 2007 3:11pm Oct 15, 2007 3:11pm
Charlie

Look for post #296 areply from Team Aphid

"Hi Squash, we tested other timeframes as well and when you use lower timeframes, like most of the other indicators, you get more signals and more loser trades (but smaller losses of course). The reverse is true for longer timeframes. Therefore, we found 1hr time frame is the most suitable to trade. "

I agree with that. Definitely 1hr time frame is the way to go for this indicator
  • #722
  • Oct 17, 2007 6:19pm Oct 17, 2007 6:19pm
  •  Carlos
  • | Joined Sep 2005 | Status: Commitment, planning and discipline | 65 Posts
Quoting nomoretoxic
Charlie

Look for post #296 areply from Team Aphid

"Hi Squash, we tested other timeframes as well and when you use lower timeframes, like most of the other indicators, you get more signals and more loser trades (but smaller losses of course). The reverse is true for longer timeframes. Therefore, we found 1hr time frame is the most suitable to trade. "

I agree with that. Definitely 1hr time frame is the way to go for this indicator
Yes i have read this before. I want a higher time frame system than will offer diversification my trading. At present I trade futures off tick charts but also two system off 1hr charts for the FX. I am also looking at trading this alternative BAT system of daily charts. I beleive it is also profitable off 1hr chart and offers better risk to reward than the present BAT system.

Like all systems my own take with the BAT indicator has its drawdowns. I beleive that back in jan last year there were nine losses in a row, however this could all be made back in one signle trade. Good MM would result in money being made in the longer term, i believe from my testing thus far there was one trade which had a R:R of over 16:1.

However, i am still working on this but need to be careful not to fall into the pitfalls of curve fitting. I am presently programming this system for NinjaTrader but am also looking at moving the system over to TS so i can do a more extensive testing on out of sample data.

Cheers,

Charlie
  • #723
  • Oct 17, 2007 6:46pm Oct 17, 2007 6:46pm
Hey Carlos

Thanks for the insigth. I have my own interpretation about this system as I am following with great interest. My views can't be expressed here as Team Aphid has expresed clearly that it's a mechanical system.

At my way of look at BAT, it has proved to be very profitable for me.

I hope this thread can be alive for long time

Let me know about your progress with ninja trader. Wil be nice to see the use of this system in futures.

cheers
  • #724
  • Oct 21, 2007 6:31am Oct 21, 2007 6:31am
Hello,
I just upgraded my MT4 account to a live account. Can anyone tell me how to change the data feed to Alpari?? Any information would be greatly appreciated.
Rick
  • #725
  • Oct 21, 2007 11:52am Oct 21, 2007 11:52am
Quoting Colostarr
Hello,
I just upgraded my MT4 account to a live account. Can anyone tell me how to change the data feed to Alpari?? Any information would be greatly appreciated.
Rick
Hello Colostarr,

At my best knowledge, MT4 feedback depends on the company you opened the account with. So if you did not opened your Live account with Alpari, you will not get live feed from them but from the broker you used.

Nevertheless, you may open a demo account and get Alpari demo quotes to work with.

Hope this helps,
Hani
  • #726
  • Nov 8, 2007 6:20pm Nov 8, 2007 6:20pm
Hi Team Aphid !

I learned about ur system a long time ago...and throwed it away after 3 days of testing..guess why?

It was too simple and i was a noobie starting out in the FX World ...so now after 10 months of learning in the PF and creating my own system to suit my needs i was in search of some new inputs and stumbled upon this thread again...

Just lemme say that i use the bat again and i really can see the beauty of it now..

"when the pupil is ready,the teacher will appear" ..it`s very true..The Bat greatly alligns with my system and i will study it in deep the next months..

thank your for sharing !! u have a fan here !
----------------------------------------------------

@ accrete

U have previousy created an alert indicator when price crosses the Bat Line..
I found it very convinient as i also can use it for price alerts on other charts !
its just easier and faster then the alert function of mt4..

Just one question..is it possible that u could insert an option for "repeatings" of the alerts? so i can for example set it to 300 and it will repeat the alerts 300times until i reset the indicator..
and one last thing..the lines on the chart are not removed when one removes the indicator..its not a big thing but maybe only a little change in the code

btw what software did u use to "record" the bat alarm ? because i search a proggie which can playback easy things i write in text..

I thank you very much for this indicator !

Thx again to everybody !! the factory rules !
  • #727
  • Nov 8, 2007 7:49pm Nov 8, 2007 7:49pm
: ) Thanks for the kudos on the tweak i did on the alert indy. I'm not aware of any simple code change to get it to do what you are hoping with the repeats though. Maybe someone can take the challenge?

Happy trading,
Thom
  • #728
  • Nov 9, 2007 2:51am Nov 9, 2007 2:51am
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?
  • #729
  • Nov 14, 2007 9:03pm Nov 14, 2007 9:03pm
Quoting accrete
: ) Thanks for the kudos on the tweak i did on the alert indy. I'm not aware of any simple code change to get it to do what you are hoping with the repeats though. Maybe someone can take the challenge?

Happy trading,
Thom
Thx for your answer !
What i mean by "repeatings" is called "itterations" in the mt4 alert box..

Hope somebody can help me soon
  • #730
  • Nov 18, 2007 3:07pm Nov 18, 2007 3:07pm
i will start to test it and i d like to know:

the initial stop are the same for all trades? that means, aways below the last bottom (for longs)?

and when i change it? i can't understand "when the blue line starts to form"...because after the entry the blue line is allready there...

thanks in advance for any help.
  • #731
  • Nov 18, 2007 8:29pm Nov 18, 2007 8:29pm
Quoting giraia_br
i will start to test it and i d like to know:

the initial stop are the same for all trades? that means, aways below the last bottom (for longs)?

and when i change it? i can't understand "when the blue line starts to form"...because after the entry the blue line is allready there...

thanks in advance for any help.

not sure how to better explain it to you, but once you enter, just make the blue line your stop loss.
Contact me for Custom Indicators/EAs.
  • #732
  • Nov 19, 2007 10:16am Nov 19, 2007 10:16am
thanks zalakinc,
  • #733
  • Nov 29, 2007 12:07am Nov 29, 2007 12:07am
hi, TA, how about the results for Q2, and Q3 these year..thanks

and anyone live with this system, can tell me what is the performance this few months becausee i see less ppl in the tread now..
  • #734
  • Nov 29, 2007 12:19am Nov 29, 2007 12:19am
hi, colostarr, it cost me fews hours to finish up all the post in this tread, so har what is the performance now and what pair did u use BAT system??

thanks
  • #735
  • Nov 29, 2007 12:39am Nov 29, 2007 12:39am
We are trading a modified version of the BAT by using a similar indicator and therefore we haven't updated the BAT results for Q2 and Q3, therefore you need to backtest those periods.

Best Results,
Team Aphid


Quoting nklin88
hi, TA, how about the results for Q2, and Q3 these year..thanks

and anyone live with this system, can tell me what is the performance this few months becausee i see less ppl in the tread now..
  • #736
  • Nov 29, 2007 1:06am Nov 29, 2007 1:06am
Quoting TeamAphid
We are trading a modified version of the BAT by using a similar indicator and therefore we haven't updated the BAT results for Q2 and Q3, therefore you need to backtest those periods.

Best Results,
Team Aphid
hmm, so the previous version with default setting 5,4 still can be use??

i back test this month with gu is +498pips till yesterday
october +790
august +31

and november gj +38pips

and october ej + 682
  • #737
  • Dec 2, 2007 6:15am Dec 2, 2007 6:15am
Hello nklin88,
Sorry for my delay in getting back to you. I only use this indicator on GU, with the settings of 5,4. If you are going to use use GJ, then you should change your settings to 5, 3.9. Also for GJ you need to wait for the break of 2 bars (2nd hourly candle) past the indicator before you get into the trade (which explains your low back test for the pair). I have no idea about EJ...never traded it! With GU, personally I go for 20 pips. I use the 61.8 as a stop loss. With GU and the BAT you are about 97% guaranteed 20 pips (I went 6 weeks straight without any losses!!). I double my lots and get in and out quick! I hate hanging around a trade only to watch my profits trickle back into the system. So I go for 20 pips and OUT! Then I close the chart and don't look at it until the next day! I have a similar approach with the squeeze method...double lots...30 pips...OUT, standard s/l of 30 pips. So far I am 3 out 5 positive trades (+90 pips, 2 lots each for a $2,700.00 3 day profit.).Between the BAT and the squeeze...I have tripled my account since 1 Oct..this year! I love simplicity and these 2 indicators have been very good to me!Hope this helps!
Quoting nklin88
hmm, so the previous version with default setting 5,4 still can be use??

i back test this month with gu is +498pips till yesterday
october +790
august +31

and november gj +38pips

and october ej + 682
  • #738
  • Dec 2, 2007 10:52pm Dec 2, 2007 10:52pm
Quoting Colostarr
Hello nklin88,
Sorry for my delay in getting back to you. I only use this indicator on GU, with the settings of 5,4. If you are going to use use GJ, then you should change your settings to 5, 3.9. Also for GJ you need to wait for the break of 2 bars (2nd hourly candle) past the indicator before you get into the trade (which explains your low back test for the pair). I have no idea about EJ...never traded it! With GU, personally I go for 20 pips. I use the 61.8 as a stop loss. With GU and the BAT you are about 97% guaranteed 20 pips (I went 6 weeks straight without any losses!!). I double my lots and get in and out quick! I hate hanging around a trade only to watch my profits trickle back into the system. So I go for 20 pips and OUT! Then I close the chart and don't look at it until the next day! I have a similar approach with the squeeze method...double lots...30 pips...OUT, standard s/l of 30 pips. So far I am 3 out 5 positive trades (+90 pips, 2 lots each for a $2,700.00 3 day profit.).Between the BAT and the squeeze...I have tripled my account since 1 Oct..this year! I love simplicity and these 2 indicators have been very good to me!Hope this helps!


it helps me a lot friend, thanks for ur information and explanation, now i know why the result for gj was so low, thanks again friend

lin
  • #739
  • Dec 2, 2007 11:13pm Dec 2, 2007 11:13pm
Anytime! Glad I could help!!!
Quoting nklin88
it helps me a lot friend, thanks for ur information and explanation, now i know why the result for gj was so low, thanks again friend

lin
  • #740
  • Dec 4, 2007 10:04am Dec 4, 2007 10:04am
Hello Accrete,
Thanks for the bat-line-alerts.
Where did you get that sexy voice from?

Do you know if anyone has found a way to have your audio alert 'move' with the bat line as it trails the trend? At the moment you have to manually drag the blue-bat-line-alert to the price......but if you are away from your desk the bat-line may move but your bat-alert remains in place.

Thanks and good trading to you.
Stewartr


Quoting accrete
Hi all, since i was in a doodlin mood and read in the PDF file the suggestion to set up MT4 "Alarms" i did a quick hack on a simple horizontal line audio alert that you can download from my server in this directory:

http://accrete.com/fx-bat/

The BAT_Red_Alert.mq4 and it's sound file red-bat-alert.wav should be placed at the red bat line and then do the same for the for the "Blue_Alert" %& "blue-bat" pair.

You will place the .wav files into the MT4's "sounds" directory. When you first place the indicators on a chart the line will show up at the current price, just sellect it and drag it to the corresponding colored "Bat Line" and you are good to go!

POST SCRIPT: I just added one called "BAT_Alert.mq4" and it's wave file "bat-alert.wav" this one is purple and can be placed anywhere you wish like a take profit areas or others.

...as i post the PS note i've alread gotten into my first BAT Trade long...but i accidentaly got in 10 pips prior to the 1hr's level as i was on the 30m chart by accident.

: ) Thom
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