Mike, i'm testing my ideas at the moment and will get back with results whether good or bad. I hope to have teh first idea tested within the day. Cheers Charlie

BAT EA modification

Hello team Aphid, i am thinking of making a couple of changes to the your sytem, firstly i am putting the stop 5 pips above or below the 61.8 retracement level (or 32% as in the pdf). Then for entry the price must break the high or low of the candle ...

The Bat...a strategy by Team Aphid

OK, i am also thinking of applying the rule where price must break the price bar that break the BAT line by 5 pips within 5 price bars. As mentioned in a post above, i'll get testing on this. Charlie

BAT EA modification

Mothman and others, i have been doing my own testing and have been entering with 2 lots at the BAT line. I then have my stop 35 pips below this level for the GBPUSD. One target is exited at the 1.44 fib extension and then stop is moved to B/E. The ...

BAT EA modification

Mothman, i also trade the BAT i think there are prob only a few of us that do.. i hope u have been making money from the system.. i would be intered in also making a few little changes to this system to see if i can make more profitable... i have ...

BAT EA modification

or perhaps we could use the BAT indicator for trailing stops

Trend Follower 5 Minute System

Bilbss, for testing make sure u have the signal trend follower EA on your charts. Then go up to teh Strategy tester icon on the top right handside. It is 7 buttons in. The strategy tester will appear on teh bottom of the platform. Select the correct ...

Trend Follower 5 Minute System

testing — Guys, perhaps we should work and test the system over an extended period.. say back to 12/2006 on the 30 min. I have tested over this period on the GBP and it isn't really that profitable, however, i recognise this has been a ...

Trend Follower 5 Minute System

Hello all, this looks interesting and thanks to all who have put the time into this system (Wicker and Paul). DO we have any bgack test data on this? Might be a little tricky to test this system by hand. Cheers Charlie

Trend Follower 5 Minute System

[quote=Nybegynner;237225]I can tell you right away. There is no such thing as a 100% mechanical trading system. Ooh please, stop saying things like that... why is 50% of all volume on the CME is algorithmic trading, just because YOU have not found a ...

100% mechanical trading systems

"That why I think there is a 80% chance that they will hike, because for me the fundamental ask for it. However, they are still the possibility with the BoE that they could surprise the market." I agree with u on the whole, but the BoE usually ...

What's the probability of BoE hike this month?

95%, in the city they alredy think its almost a done deal................... They always thought it was unlikely that last month rates would have been raised but this month it is highly likely, still many price pressures out there and with Mervin ...

What's the probability of BoE hike this month?

My friend, welcome to the world of finance and more specifically brokers. Yes, that is an irritation but i have some far far worse stories of my own over far far more money than $100. We all hate brokers but down time is just something all brokers ...

Beware Of this broker!

Don't think u can autotrade via spread betting firms. IMO autotrading is the only way for me. Also the platforms are very dangerous, if u have 'fat fingers' u could be in serious trouble......... Cheers Charlie

Question for UK traders

I don't use MetaTrader, but for Esignal u need to know how to program in Java. Not an easy task. You would be better off trying to learn other skills. There is so much to learn and do with trading that learning to program is just asking almost too ...

Cost of making a EA

I think for a basic indicator your looking at about $500 (although never had an indicator programmed) for a system with automation your looking at $2500 to $5000 for a complex one.

Cost of making a EA

Charlie — You must trade your system and you must have a predetemined method to stop trading your systems. They'll all have drawdown from time to time, as we all know this i only natural. I will back test my systems for an extended period of ...

Traders and Their Systems

ed The drawdowns look reasonable to me, i'd be happy to trade this system now........... I have looked at how a daily ATR filter may increase the expectancy of the system. Sadly just as with my futures system it makes no difference. Obviously it ...

The Bat...a strategy by Team Aphid

Charlie — Also.. do your results include the spread? I am thinking if some form of filter might cut the number of trades while resulting in only slightly leaner results. Perhaps the use of the ATR indicator on a daily or weekly chart as well, ...

The Bat...a strategy by Team Aphid

Charlie — A big thanks to Team Aphid, i do have some ideas which i will test. This system is very much like a system i have been developing for the GBPSUD futures over the last couple of months. Both systems work on the principle of breaking a ...

The Bat...a strategy by Team Aphid