So, we see that indicator may be improved, the system should have an additional indicators to filter false signals, there are special rules to trade depends on timeframes and more and more. We will discuss about it later this week.
More to follow.
Just some more thinking about BrainTreding ...
Yes, the indicators should be improved, or I will try to find some other indicators in MT5 CodeBase now. Why? because indicators looks good on the chart but it is difficult to trade them all. Besides, stop loss is very thin - we can see from this image:
MetaTrader Trading Platform Screenshots
GBPUSD, M30, 2013.03.27
MetaQuotes Software Corp., MetaTrader 5, Demo
gbpusd m30 braintrend
Besides, as I explained on this thread - the difference between Asctrend system and BrainTrend system are the following:
I am currently reading the thread about Asctrend on the forum where you were before. I see you like big threads ;-). I intend to read the whole topic but I'm only on page 24 where you discuss asctrend system on M1, with 7 or 8 indicators. I was wondering if you had tried this system on a real account ?
Yes, I was trading it on real/live accounts for the long time (asctrend, braintrend and brainwashing). My forex was started with Ichimoku and with asctrend in last century :)
Asctrend system is almost done here on mql5 forum for MT5. But concerning BrainTrending (BT) - not really ... because those indicators (BT indicators) looks good on the chart but it is very difficult to use them for trading - indicators should be improved/optimize/fixed. As to Brainwashing (Bw) so we did not start yet here.
You know - I was admin for that forum, manager of content and manager of elite section there (I managed everything except monetization). Can you imagine - how many good files I am having inside my PC with statements and so on? But I am sorry - it was for Metatrader 4 ONLY. And you know my username? I am New Digital (I am New). So, I like everything which is new one. That is why I am here for new platform: Metatrader 5. I like to be moved forward. I do not like to look back.
Do you know why humans are growing old? Some scientists discovered that it is because they are looking back. It is necessary to look forward only.
Just about BrainTrending - good sell signal was for USDJPY at night (BT1 and BT2 indicators are on the same close bar):
USDJPY, M30, 2013.03.29
And confirmed sell signal is for GBPUSD for now:
GBPUSD, M30, 2013.03.29
gbpusd m30 sell
Just to remind sorry:
newdigital, 2013.03.18 11:26
Manual Trading statements
Second version of this manual trading system and for now - asctrend indicator together with NRTR indicator
First version of AsctrendND EA.
Next version of AsctrendND EA (verion 1.02) with TrendStrength filter added.
How To Create Your Own Mmanual Trading Signal System Based On Indicators From MT5 CodeBase - Instruction For Non-Programmers
And this is programming thread for this thread: Asctrend indicator in depth
Just about BtainTrending - we did not start yet but pleawe find the statement (live trading) made by me concerning this system (blue line is equity on open trades and yellow line is balance, data is taken from Account History tab in MT4):
GBPUSD, M15, 2013.03.31
Alpari NZ Limited, MetaTrader 4, Demo