I tested this system and have some suggestion about trading and so on.
All BrainTrading indicators you may find here.
Profiles_default files are here (and attached to this post as well).
Shortly I may say the following.
- Download all 8 indicators (and iTrend indicator as well - attached) in the indicator's folder of your Metatrader, open MetaEditor, find 8 (9 already) indicators in navigation panel of MetaEditor, press F7 for each etc.
- Close MetaTrader and MetaEditor.
- Then download 8 chart files (see links above or find it attached) to the respective folder of your MetaTrader (if I remember it is profiles/default folder).
- Open your MetaTrader and you will see all 8 charts with all the indicators and everything. Then you may create your own template to make it more quickly next time.
About the trading rules see the posts:
Or read this thread from the beginning to have your own trading rules. You will find my rules in the links above: it means we are trading on H1 timeframe and we use M15 timeframe just for the confirmation of the signals.
But you may select your own trading rules because I tested many of them. I selected one for myself and you may select as well. It may be different from mine. Anyway read all the links above.
Hi, NewDigital! Can you tell, what profit did you recieved from your system?
I did not estimate exactly. One week was with 600 p in profit (0.1 lot), an other week was nothing (no signals).
Besides I am not trading at night. And I am using this system on demo of couse. Using this system you may open 2-6 orders per week in average for 4 main pairs in total during the day time trading (on H1).
And I changed some rules: https://www.mql5.com/en/forum/general
It is not new settings.
Just some changes.
An other settings for this system from Kubera for H4 timeframe.
I added some an other indicators to the system https://www.mql5.com/en/forum/173647
Besides, please find updated templates for H1 timeframe and for M15 confirmational timeframe.
All the rules are the same. Only changes are that I am doing exit using Stochastic and also using this Stochastic as a filter (sometimes).
You will see everything when you download template from here https://www.mql5.com/en/forum/175322
Please note that everything written above is valid for H1 timefrate with M15 confirmation only.
as newdigital said to me to post my way of using brain trading system,i want to desvrib it here
first you should set two window in your plat form
first window all BT indicators except BrainTrend2
2nd window should be set up by four BT2 indicatore
both window in H1 TF
the signal(buy/sell)is confirmed if the both windows are in agreement(Trend-Stop entry as the manual mentioned)
the filter that i have added to confirm this signal(after BT confirmation)is Stochastic(14,5,5)
in short whenever you have confirmed signal givven by BT system just look at Stochastic
1-for buy the blue line should be up
2-for sell the red line should be up
just this.ok open your order UNTIL.....
here is more important point because as newdigital backtest shows using BT stop dots are not good.
and according to his way of exit:
the cross of two stochastin lines is the signal for exit.
i attached some pictures to illustrate my way.and you can find the results of backtests that i have done here(for gbp/usd and eur/usd)
I want to say that Igorad developed some RSI filter inficator which may be used for the Braintrading system, especially for M30 timeframe.
Thread with the indicator is here.
All the question about setup please post here.
Please find attached indicators and template for M30 timeframe as many people requested.
27th of March 2008: Igorad fixed all-in-one indicator and alert was added.
AlertMode = 0; //0-off,1-warning mode,2-alert mode
26 of January 2009: BrainTrend2_all_in_one1 indicator was improved for 5 digits price broker. Please update it in your MetaTrader.
08th of February. Some more indicatos were fixed/improved to use with 5 digits broker (see updated attachments ).
04th of January 2011. Indicators are updated: name of the file is bt_m30.zip