BrainSystem: Setup Questions

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Sergey Golubev
Moderator
110880
Sergey Golubev  

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:

https://www.mql5.com/en/forum/general

https://www.mql5.com/en/forum

https://www.mql5.com/en/forum/general

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.

Files:
makron
98
makron  

Hi, NewDigital! Can you tell, what profit did you recieved from your system?

Sergey Golubev
Moderator
110880
Sergey Golubev  
makron:
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.

Sergey Golubev
Moderator
110880
Sergey Golubev  

H4 timeframe

An other settings for this system from Kubera for H4 timeframe.

Sergey Golubev
Moderator
110880
Sergey Golubev  

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.

Arta2015
1000
Arta2015  

hi

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)

Arta2015
1000
Arta2015  

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.

Arta2015
1000
Arta2015  

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)

https://www.mql5.com/en/forum/172939

https://www.mql5.com/en/forum/172939

Files:
Sergey Golubev
Moderator
110880
Sergey Golubev  

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.

Sergey Golubev
Moderator
110880
Sergey Golubev  

All the question about setup please post here.

Sergey Golubev
Moderator
110880
Sergey Golubev  

Please find attached indicators and template for M30 timeframe as many people requested.

Edited:

27th of March 2008: Igorad fixed all-in-one indicator and alert was added.

Alert settings:

AlertMode = 0; //0-off,1-warning mode,2-alert mode

Edited:

26 of January 2009: BrainTrend2_all_in_one1 indicator was improved for 5 digits price broker. Please update it in your MetaTrader.

Edited:

08th of February. Some more indicatos were fixed/improved to use with 5 digits broker (see updated attachments ).

Edited.

04th of January 2011. Indicators are updated: name of the file is bt_m30.zip

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