1. How to use the signal to trade
2. How to use the oversell and oversell indicator
3. How to optimize the signal and reduce the frequent transactions?
Forum on trading, automated trading systems and testing trading strategies
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Sergey Golubev, 2018.02.16 06:44
Sergey Golubev, 2013.03.01 12:11
It is the filter. To filter false signals. Look at this post How to Start with Metatrader 5 for the idea and link to indicator to download (for MT4 sorry). I was using this indicator with live trading for the long time but it was many years ago so I just want to remind it to myself (and to convert it to MT5 for example).
NRTR is Nick Rypock Trailing Reverse and this idea was created in 2001:
NRTR indicator is standard filter for asctrend system (to filter false asctrend signals/dots).
BRAINWASHING SYSTEM/ASCTREND SYSTEM
Sergey Golubev, 2013.05.12 16:25
This is the thread about Brainwashing system. We will start with original version of this system and will improve it later.
Just something about the history. There are 3 famous signals system (manual trading systems based on signal indicators): Asctrend, BrainTrend and Brainwashing. First two system were already explained and developed by indicators and EAs. So, we are going to discuss the last signal system: Brainwashing.
Just for information:
Asctrend System, the beginning:
ASCTrend system, the beginning, part #1
ASCTrend system, the beginning, part #2
ASCTrend system, the beginning, part #3
ASCTrend system, the beginning, part #4
Digital ASCTrend (Digital Filters with ASCTrend system combined).
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 Manual Trading Signal System Based On Indicators From MT5 CodeBase - Instruction For Non-Programmers
The beginning - Channel systems
PriceChannel Parabolic system basic edition
PriceChannel Parabolic system second edition
Latest version of the system with latest EAs to download
How to trade
The setting for EAs: optimization and backtesting
GoMarkets broker, initial deposit is 1,000
Alpari UK broker initial deposit is 1,000
RoboForex broker initial deposit is 1,000
Sergey Golubev, 2013.03.14 17:57
If someone like to trade this system manually (as a first version without TrendStrength indicator for example) - here go you:
Template and howto installed - read this thread from the beginning.
Sergey Golubev, 2013.03.14 18:12
This is the other example about how to trade asctrend system manually:
PriceChannel Parabolic system
Sergey Golubev, 2018.04.10 07:48
This is Asctrend system classical version together with Ichimoku cloud (to filter false buy or false sell signals) and Schaff trend cycle indicator (for overbought/oversold trading):
Charts were made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:
Same systems for MT4/MT5: