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The Bat...a strategy by Team Aphid

  • #21
  • Jan 16, 2007 5:11am Jan 16, 2007 5:11am
Thank you for the compliments, Dial. And welcome all to our new thread. TeamAphid believes the base of BAT system is good, it is profitable with good winning ratios and it works well especially with trending currencies. Yes, it is mainly a trend following system but it also aims to profit in ranging markets. The indicator was developed by TeamAphid for Mt4.

Why do we release this system? First, we believe Forex Factory is the best forum and we love to contribute it. Second, as Dial indicated, we would like to get some feedback from all valuable members of Forex Factory, novice or experienced, to see if we can further refine this method and make more profitable for all of us. During discussions, we'll point out the areas especially that will need refining or further improvement.

We are ready to post the strategy document and the indicator, but we are making some modifications to charts for better understanding and we will post them as soon as possible.

We hope we will all have positive discussions and everybody will benefit. And we will try to answer all your questions promptly.

See you soon,
Cheers,
TeamAphid
  • #22
  • Jan 16, 2007 5:18am Jan 16, 2007 5:18am
Welcome,

make yourselves feel at home....

A
  • #23
  • Jan 16, 2007 5:22am Jan 16, 2007 5:22am
Sounds interesting - a trend following system - hmm

Look forward to your strategy & postings

Kind Regards
Steve
  • #24
  • Jan 16, 2007 5:35am Jan 16, 2007 5:35am
This forum is getting more interesting!!!
Welcome Team Aphid
  • #25
  • Jan 16, 2007 5:39am Jan 16, 2007 5:39am
I think everyone is going to like The Bat. I've had it several months now, and I have to say it is a unique method, unlike any I've seen posted at the Factory before. Team Aphid definitely knows how to think outside the box!

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #26
  • Jan 16, 2007 5:45am Jan 16, 2007 5:45am
Quoting diallist
I think everyone is going to like The Bat. I've had it several months now, and I have to say it is a unique method, unlike any I've seen posted at the Factory before. Team Aphid definitely knows how to think outside the box!

Dial
Hi Dial,

Comparing 'The Bat' and yr 'Knife', which one has better win/loss rate ?
The future depends on what we do in the present.
  • #27
  • Jan 16, 2007 5:50am Jan 16, 2007 5:50am
Team Aphid

Cant wait to try my hand on your system and i hope i could contribute soemthing to better improve your system.
Thanks and Regards Zamir M Iqbal
  • #28
  • Jan 16, 2007 5:55am Jan 16, 2007 5:55am
Welcome Team Aphid!!

I look forward to your material!
  • #29
  • Jan 16, 2007 6:00am Jan 16, 2007 6:00am
Quoting compro99
Hi Dial,

Comparing 'The Bat' and yr 'Knife', which one has better win/loss rate ?
Depends on the trader. The trader is the most volatile and unpredictable component of any system.

Sam does better with the Knife than with the Bat.

Jane does better with the Bat than with the Knife.

What is Robert supposed to think? He thinks nothing. He trades both and compares HIS results to HIS results; not to Sam's or Jane's or anyone elses.

Dial

P.S. Everyone, This is Team Aphid's thread, so I'm going to butt out now. Ciao!
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #30
  • Jan 16, 2007 6:42am Jan 16, 2007 6:42am
Don't know how much more I can absorb , but if Dial say it's worth looking at then that's good enough for me
  • #31
  • Jan 16, 2007 6:49am Jan 16, 2007 6:49am
Wow...what a great idea! Thank you so much

maybe I should change my signature to 'Spread-Batting' ?
  • #32
  • Jan 16, 2007 6:50am Jan 16, 2007 6:50am
Wowww, sounds interesting......
  • #33
  • Jan 16, 2007 7:32am Jan 16, 2007 7:32am
Quoting diallist
Depends on the trader. The trader is the most volatile and unpredictable component of any system.

Sam does better with the Knife than with the Bat.

Jane does better with the Bat than with the Knife.

What is Robert supposed to think? He thinks nothing. He trades both and compares HIS results to HIS results; not to Sam's or Jane's or anyone elses.

Dial

P.S. Everyone, This is Team Aphid's thread, so I'm going to butt out now. Ciao!
Interesting Diallist!
At then end of the day we all end up trading what we are most comfortable with anyway.
  • #34
  • Jan 16, 2007 9:00am Jan 16, 2007 9:00am
OMG...Welcome Team Aphid.....Welcome!!! I can't wait to get more. I hope to be a valuable contribution to your work.

Bernadette!
  • #35
  • Edited 11:16pm Jan 16, 2007 4:34pm | Edited 11:16pm
Hi Everyone,

Great to see so many enthusiastic people here.
The main posters in Team Aphid will be me...Athena ( Hi! ) and Zeus and Hermes.
We will try and answer your questions as best we can and we know there will be a few (as other TA members had them!)
Read the PDF and set up the charts and let us know what you think.

Happy reading and trading.

Athena

Diallist you are ALWAYS more than welcome on this thread!
ps. Please excuse any errors.( page 4 fixed- 2 errors page 4 - 17/1/06)
Attached File(s)
File Type: mq4 BAT ATR v1.mq4   4 KB | 8,553 downloads
File Type: pdf The BAT by TA.pdf   73 KB | 16,056 downloads
  • #36
  • Jan 16, 2007 5:10pm Jan 16, 2007 5:10pm
Quoting TeamAphid

Happy reading and trading.
Very nice stuff. My father is in heaven now. He trades with this type of approach, but never had a very systematic approach as well thought out as this. He's super excited to test this! He doesn't post but told me to say thank you for him.

Best,
Mike
  • #37
  • Jan 16, 2007 5:25pm Jan 16, 2007 5:25pm
Thanks for the system and indicator!

Just one question for now. This indicator doesn't "repaint" itself or change over time, does it? I assume not, since it's based on ATR and since you mentioned backtesting it. But I wanted to make sure.

Thanks.


Quoting TeamAphid
Hi Everyone,

Great to see so many enthusiastic people here.
The main posters in Team Aphid will be me...Athena ( Hi! ) and Zeus and Hermes.
We will try and answer your questions as best we can and we know there will be a few (as other TA members had them!)
Read the PDF and set up the charts and let us know what you think.

Happy reading and trading.

Athena

Diallist you are ALWAYS more than welcome on this thread!
ps. Please excuse any errors.
  • #38
  • Jan 16, 2007 5:39pm Jan 16, 2007 5:39pm
No FXLogic, the indicator does not repaint itself or change over time. And blue line never decreases in value and red line never increases, so they are very good in trailing the market. That's why this is a trend following system and it is also capable to profit from sideways action (range trading) by additions made by TeamAphid.


Quoting FXLogic
Thanks for the system and indicator!

Just one question for now. This indicator doesn't "repaint" itself or change over time, does it? I assume not, since it's based on ATR and since you mentioned backtesting it. But I wanted to make sure.

Thanks.
  • #39
  • Jan 16, 2007 5:54pm Jan 16, 2007 5:54pm
Thanks for the reply! "Repainted" indicators are also worthless if you want to look at old charts and/or backtest. So I'm glad to know it's reliable.

Just looked over the PDF. Nice system and idea. I've thought about similar ways to exploit trends and retracements, but haven't ever come up with something like that.

John
  • #40
  • Jan 16, 2007 6:02pm Jan 16, 2007 6:02pm
Just wanted to get my welcome in ....
If it is not broken, fix it until it is!
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