The Bat...a strategy by Team Aphid | Page 28 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

My Bat from team aphid trades 82 replies

The BAT Method - The EA 186 replies

BAT system for 15 min chart 28 replies

BAT indicator 2 replies

The BAT mathematical formula for lines? 0 replies

Attachments: The Bat...a strategy by Team Aphid
Exit Attachments

The Bat...a strategy by Team Aphid

  • #541
  • Mar 22, 2007 11:07am Mar 22, 2007 11:07am
TA,

can i just ask that you keep monitoring this thread and helping out. I feel that it seems to be slowing down here, and i realise that as yet we dont seem to have any refinement of the original system, unless i have missed something.

i really like the mechanical simplicity of this, and the fact it works in both ranging and trending markets, but the stop and targets still need tweaking, but i cant for the life of me work out whats best.

i would just hate the think that if this thread starts to get bumped further down the first page due to lack of posting, that we would lose your input.

thanks
Its gonna happen, it will happen.....i know!
  • #542
  • Mar 22, 2007 5:48pm Mar 22, 2007 5:48pm
Here are my tweaked indicators, hope TA don't mind, also MTF is from Heiken Ashi Smoothed Thread.

Now let's find the more appropriate settings.

I use 3 ATR for more reactive and 3 Factor for less far away, Median price for objectiveness (instead of close) and Close price to avoid spike (instead of High/Low).
Attached File(s)
File Type: mq4 BAT ATR v2.mq4   4 KB | 573 downloads
File Type: mq4 4 TF HAS BAT.mq4   8 KB | 550 downloads
  • #543
  • Mar 23, 2007 2:43am Mar 23, 2007 2:43am
Thanks for your contribution. Your modified ATR looks promising, we'll test it properly. Btw, can you please explain how you use 4 TF HAS BAT indicator in relation to BAT ATR?


Quoting mason
Here are my tweaked indicators, hope TA don't mind, also MTF is from Heiken Ashi Smoothed Thread.

Now let's find the more appropriate settings.

I use 3 ATR for more reactive and 3 Factor for less far away, Median price for objectiveness (instead of close) and Close price to avoid spike (instead of High/Low).
  • #544
  • Mar 23, 2007 5:27am Mar 23, 2007 5:27am
Hi Rockrat

We keep monitoring this thread and helping where we can and yes it might be slowing down but this is not a bad thing ( gives us time to test things).
There is no refinement yet so you have not missed anything.
We are still working away on ideas and hope that there might be an answer to this puzzle.

We have a quick look and eyeball on each and every suggestion that has been put forward...some we dismiss straightaway as we have tried it or else it is too discretionary. The ideas that are new, we will try out, we really do appreciate the contributions that members make.

One thing that does perhaps frustrate us a bit is that it takes us a lot of time to test all these ideas as we still prefer to perform our testing manually.
There is a process....we have to firstly understand what the suggestion is and how to trade it and be given an example. (Suggestions made to us without any guidelines from the originator are sometimes quite useless...ppl look at indicators in various ways.) Then we run a sample test on our worst performing month in original BAT rules and then another test sample on the best performing month in original BAT rules...put this together and if the results are an overall improvement then do a more comprehensive test.
This comprehensive test is then audited by another team member hence the process really takes quite some time.

We feel this system is worth working on and so we will persevere.

An example is the post by Mason with his suggestion...we will give it serious eyeball testing and then start the process.

You never know....

Cheers

Athena

Quoting rockrat
TA,

can i just ask that you keep monitoring this thread and helping out. I feel that it seems to be slowing down here, and i realise that as yet we dont seem to have any refinement of the original system, unless i have missed something.

i really like the mechanical simplicity of this, and the fact it works in both ranging and trending markets, but the stop and targets still need tweaking, but i cant for the life of me work out whats best.

i would just hate the think that if this thread starts to get bumped further down the first page due to lack of posting, that we would lose your input.

thanks
  • #545
  • Mar 23, 2007 7:17am Mar 23, 2007 7:17am
Hi Mason,

Can you please explain how do you use the posted indicators, especially the MTF?

Thanks,

Pip
  • #546
  • Mar 23, 2007 8:23am Mar 23, 2007 8:23am
On the attached chart you can see an USDJPY chart with some trading signals.
What can be done to avoid this kind of situation? (difficult question...)

It seems that Bat system is a very good profit generator when the market is trending, but in some situations were the trend is not established we can face some difficulties. What do you think?

Many thanks.

Good trades!

Pip
Attached Image
  • #547
  • Mar 23, 2007 8:20pm Mar 23, 2007 8:20pm
I was in hurry posting last post, here are 3 indicators.

I am unable to edit it, so ignore my previous post.

MTF is multi-timeframe, so you need to input TimeFrame variable :

PERIOD_M1 1
PERIOD_M5 5
PERIOD_M15 15
PERIOD_M30 30
PERIOD_H1 60
PERIOD_H4 240
PERIOD_D1 1440
PERIOD_W1 10080
PERIOD_MN1 43200

You can put as many MTF BAT ATR v2 indicator as you want, but make sure you put different colors and line widths for easy reading.

I try HAS method for better entry and to avoid whipsaw, and use BAT for stoploss, but in order to decide whether price really breakout or already move enough, we need to see price in relation to those BAT MTF lines, it will need a lot of screen time to find pattern. Alternatively we can build EA that is adjustable to accomodate what we are looking in the chart, we can have more statisctic then. Be ware of news, I have seen it break all MTF BAT lines just to whipsaw.

Since I am combining with HAS, my TF is M5, 4 TF BAT indicator show next 4 higher TF and red square means BAT line resistance still exist, blue means BAT line support still exist.

I like 3 ATR, 3 Factor, Median Price and Close crossing, we will need more tester to find suitable setting for each TF and each pair, or another tweak maybe, or another idea for news, because sometimes news helps BAT, that's why we need more statistic.
Attached File(s)
File Type: mq4 4 TF BAT.mq4   8 KB | 576 downloads
File Type: mq4 MTF BAT ATR v2.mq4   4 KB | 513 downloads
File Type: mq4 BAT ATR v2.mq4   4 KB | 501 downloads
  • #548
  • Mar 24, 2007 1:50am Mar 24, 2007 1:50am
Quoting mason
I was in hurry posting last post, here are 3 indicators.

I am unable to edit it, so ignore my previous post.

MTF is multi-timeframe, so you need to input TimeFrame variable :

PERIOD_M1 1
PERIOD_M5 5
PERIOD_M15 15
PERIOD_M30 30
PERIOD_H1 60
PERIOD_H4 240
PERIOD_D1 1440
PERIOD_W1 10080
PERIOD_MN1 43200

You can put as many MTF BAT ATR v2 indicator as you want, but make sure you put different colors and line widths for easy reading.

I try HAS method for better entry and to avoid whipsaw, and use BAT for stoploss, but in order to decide whether price really breakout or already move enough, we need to see price in relation to those BAT MTF lines, it will need a lot of screen time to find pattern. Alternatively we can build EA that is adjustable to accomodate what we are looking in the chart, we can have more statisctic then. Be ware of news, I have seen it break all MTF BAT lines just to whipsaw.

Since I am combining with HAS, my TF is M5, 4 TF BAT indicator show next 4 higher TF and red square means BAT line resistance still exist, blue means BAT line support still exist.

I like 3 ATR, 3 Factor, Median Price and Close crossing, we will need more tester to find suitable setting for each TF and each pair, or another tweak maybe, or another idea for news, because sometimes news helps BAT, that's why we need more statistic.
Thanks Mason for your ideas.
Firstly we are rather reluctant to take news into consideration with this being too discretionary for our mechanical ways.
After placing the indicators on the chart it is still unclear and confusing to us exactly what our first point of reference is to be when taking a trade.
We are perhaps not seeing what it is that you are seeing.
Having someone do an EA for this is feasible but you will need to have more definite entry and exit points mapped out for your trade plan. I suggest you ask over at the BAT EA thread. They are a very helpful group of members.

If you could post a chart with your indicators and show the entry point and what conditions need to be met with the HAS etc then we might gain some more understanding.

As mentioned previously it is essential to do a scientific comparison when adding an indicator or making a change. We need to compare the modified version with the original and note the difference but there also needs to be 100% mechanics involved.

Thanks for your contribution.
  • #549
  • Mar 24, 2007 1:59am Mar 24, 2007 1:59am
Quoting Pip
On the attached chart you can see an USDJPY chart with some trading signals.
What can be done to avoid this kind of situation? (difficult question...)

It seems that Bat system is a very good profit generator when the market is trending, but in some situations were the trend is not established we can face some difficulties. What do you think?

Many thanks.

Good trades!

Pip
Nothing can really be done to avoid losses.

Bat does make good pips in a trend but it also makes pips when the market is in a range period. This is one of the unique qualities of this system.

Cheers
  • #550
  • Mar 24, 2007 2:39am Mar 24, 2007 2:39am
First of all, I'd like to thank TA about this method. Did some manual back-testing as far as 9 months. Looks good, and I'm quite comfortable at 4hr setting.

Anyway, I've gone through like 15 pages of this thread but didnt see anything that relates to how this method is developed.

Can someone explain to me the math/logic behind BAT? I'm sorry I still cannot read programming language. So, if someone care to explain what TA did in the code with plain english, I would appreciate that. Thanks.
  • #551
  • Mar 24, 2007 2:52am Mar 24, 2007 2:52am
Quoting matouya
Can someone explain to me the math/logic behind BAT? I'm sorry I still cannot read programming language. So, if someone care to explain what TA did in the code with plain english, I would appreciate that. Thanks.
Hi

Have a look at post #350 in this thread.

Enjoy
  • #552
  • Mar 25, 2007 12:03am Mar 25, 2007 12:03am
Quoting TeamAphid
Thanks Mason for your ideas.
Firstly we are rather reluctant to take news into consideration with this being too discretionary for our mechanical ways.
After placing the indicators on the chart it is still unclear and confusing to us exactly what our first point of reference is to be when taking a trade.
We are perhaps not seeing what it is that you are seeing.
Having someone do an EA for this is feasible but you will need to have more definite entry and exit points mapped out for your trade plan. I suggest you ask over at the BAT EA thread. They are a very helpful group of members.

If you could post a chart with your indicators and show the entry point and what conditions need to be met with the HAS etc then we might gain some more understanding.

As mentioned previously it is essential to do a scientific comparison when adding an indicator or making a change. We need to compare the modified version with the original and note the difference but there also needs to be 100% mechanics involved.

Thanks for your contribution.
You're welcome TA, you have given us wonderful method with sound concept here.

I am still learning HAS, so I can't comment yet, but this MTF BAT with 4 TF BAT as dashboard, you can have warning signal when price cross lower-TF BAT lines, such as M30,M15 or even M5 TF. This should warn us that if price is going to break.

I put 4 times MTF BAT indicators which mirror 4 TF BAT indicators, I haven't put enough time to do mechanical backtest, but as rule of thumb, if higher TF is putting long bias and lower TF just come back from short to long, it should be a good entry, especially during London session, and we should watch for flat days which are before big news.

Indicators and EAs are tools, they need to tweaked from time to time, how far the tweak is, depends on how we think and visually see the pattern, it's really a long customized, transparent, background-experience oriented and continuous process, which is very hard to do it in simple mechanical way, but mechanical is a great way to contribute statistic.
  • #553
  • Mar 26, 2007 9:39am Mar 26, 2007 9:39am
Team Aphid, Can you clarify how you handle this situation.

The last GBPUSD long at 9681 (plus 38% & 62% entries) was stopped out when the swing low was taken out around 9600. However, a short position was not triggered.

Did you re-enter 38% & 62% positions when price rallied (even if the original ones were stopped out) & did you re-enter a long swing position (even though there is no long BAT entry line?

Thanks
  • #554
  • Mar 26, 2007 8:32pm Mar 26, 2007 8:32pm
You are right, we were stopped out at 9601 (9611 swing low minus 10 pips) and short position was not triggered since the price did not hit blue BAT line. There are two ways to handle this situation. You can either do nothing and wait for the next short signal, or you can re-enter 2 units when price hits 38.2%, 1 unit at 61.8% and 1 or 2 units (depending on your trade size of this system, 4 or 5 as explained before) at 100% fib.level and trail your position with blue BAT line.

We prefer second option not to miss a move.


Quoting charlies
Team Aphid, Can you clarify how you handle this situation.

The last GBPUSD long at 9681 (plus 38% & 62% entries) was stopped out when the swing low was taken out around 9600. However, a short position was not triggered.

Did you re-enter 38% & 62% positions when price rallied (even if the original ones were stopped out) & did you re-enter a long swing position (even though there is no long BAT entry line?

Thanks
  • #555
  • Mar 29, 2007 6:46am Mar 29, 2007 6:46am
Sorry about all the questions. I'm just trying to understand your interpretation of the strategy, so that I can match your results more closely.

There was a long position triggered on GBPJPY today around 230.50.

What did you use as the swing low for your stop loss & fib calculations? There were minor lows at 229.86, 229.09 & a more significant low at 228.76.

Thanks
  • #556
  • Mar 29, 2007 8:27am Mar 29, 2007 8:27am
Don't be sorry, you can ask as many questions as you like, we are here to help.

We have used 228.76 as a significant swing low to determine SL and fibo levels.

Quoting charlies
Sorry about all the questions. I'm just trying to understand your interpretation of the strategy, so that I can match your results more closely.

There was a long position triggered on GBPJPY today around 230.50.

What did you use as the swing low for your stop loss & fib calculations? There were minor lows at 229.86, 229.09 & a more significant low at 228.76.

Thanks
  • #557
  • Apr 3, 2007 9:44pm Apr 3, 2007 9:44pm
Hi all
How do i find 'the bat method' thread please?
  • #558
  • Apr 3, 2007 11:57pm Apr 3, 2007 11:57pm
Quoting SpB_Trader
Hi all
How do i find 'the bat method' thread please?
You are on it....it starts here....http://www.forexfactory.com/showpost...82&postcount=1
  • #559
  • Apr 4, 2007 3:19am Apr 4, 2007 3:19am
Hi Antra.
Is it available in a written format as apose to EA. which i presume is a format or program for metatrader. i can't read the system.


Also does anyone know if i can use this code with igmarkets platform.
  • #560
  • Apr 4, 2007 3:39am Apr 4, 2007 3:39am
Quoting SpB_Trader
Hi Antra.
Is it available in a written format as apose to EA. which i presume is a format or program for metatrader. i can't read the system.


Also does anyone know if i can use this code with igmarkets platform.

Here is the link to the PDF and the indicator
http://www.forexfactory.com/showpost...7&postcount=35

and here is the link to the BAT EA thread.
http://www.forexfactory.com/showthread.php?t=14073

Cheers
Antra
3 traders viewing now