Page 373 of 516

Re: Beatle's Trend Trading System

Posted: Thu Mar 07, 2024 7:34 am
by Samoth
Btw. looks like the minor/major box alert is not there yet with V6, Wade mentioned it is coming with V6.1.

Re: Beatle's Trend Trading System

Posted: Thu Mar 07, 2024 7:23 pm
by amirvaighan1362
Samoth wrote: Thu Mar 07, 2024 7:34 am Btw. looks like the minor/major box alert is not there yet with V6, Wade mentioned it is coming with V6.1.
Sam do u have the new dll library files for ATS? right now sentiment data doesn't load.

Re: Beatle's Trend Trading System

Posted: Thu Mar 07, 2024 7:51 pm
by roanfox
Thanks for sharing the new ATS V6!!

I like the ATS assistant very much, problem is I dont like how resource heavy it is, CPU usage of MT4 goes from 3-4% without it to a whopping 10-12% with it!

Re: Beatle's Trend Trading System

Posted: Thu Mar 07, 2024 8:04 pm
by TradesHunt
amirvaighan1362 wrote: Thu Mar 07, 2024 7:23 pm Sam do u have the new dll library files for ATS? right now sentiment data doesn't load.
I tried sentiment indicator V2 and it work properly with old dll file.

Re: Beatle's Trend Trading System

Posted: Thu Mar 07, 2024 8:47 pm
by Samoth
TradesHunt wrote: Thu Mar 07, 2024 8:04 pm I tried sentiment indicator V2 and it work properly with old dll file.
yeah it works but I still don't understand how to use it properly :sweat:

My theory would be like: if the sentiment is bullish it indicates that liquidity at the bottom will be collected before continuing higher.

Re: Beatle's Trend Trading System

Posted: Fri Mar 08, 2024 1:34 am
by spekulantSK
Samoth wrote: Thu Mar 07, 2024 8:47 pm yeah it works but I still don't understand how to use it properly :sweat:

My theory would be like: if the sentiment is bullish it indicates that liquidity at the bottom will be collected before continuing higher.
I dont know what is souce of this sentiment indicator, but if it is retail sentiment, when retail is mostly long, market goes short and opposite, if sentiment is mostly short, market going long.

Re: Beatle's Trend Trading System

Posted: Fri Mar 08, 2024 2:09 am
by XtraSharky
Hi, Thank for ATS V6. Im looking for training videos on this please. I did find a Zip file with some training videos on this forum but they seem a bit old so im not sure if they are the latest. would appreciate if you can point me to the right place.

Re: Beatle's Trend Trading System

Posted: Fri Mar 08, 2024 3:08 am
by roanfox
For some reason my MT4 keeps crashing with UJ at 15 min, its literally only usdjpy. I narrowed it to the zee indicator, its the only one that makes the freeze.

Frustrating

Re: Beatle's Trend Trading System

Posted: Fri Mar 08, 2024 3:31 am
by newsnick
Samoth wrote: Thu Mar 07, 2024 7:06 am I think that's my problem too.

I always set the stop loss so tight because I hope that the trade will then take off :sad:
I heard that adding stop loss of 1 ATR below recent swing low/high with a 1:1 RR Ratio as TP works well :)

I am trying this out right now.

Re: Beatle's Trend Trading System

Posted: Fri Mar 08, 2024 5:08 am
by Forexlearner
Hi guys, i've been trying to maximise my gains and minimise my loses, i think it's working so i share what i changed:

- trade only one instrument. You don't need more than one to make money, and changing back and forth is not productive. Even if it stops to bounce between levels, it's just preparing to make a move. And i guess we all felt, man if i stayed there i would have catch the trend, why did i changed. I think it takes a lot of practice and hard work to trade more then 1/2 instruments.

- use a lot of TF's, i know this may seem like a bad idea, but you need a HTF to look at the key values and bigger trend, a smaller one to control entries, and an even lower one to make entries. ATS trend, Heinkin Ashi candle colour are all good tools to define the trend in the HTF.

- use the ATS trend to pinpoint entries, example: if it's going down and it's close to the line (or even on the other side) sell, if it's to far below, wait. Anticipate, don't react.

- mark the key values, FVG's, support and resistance. This are very important to be aware of possible reversals, entry and exit points.
On a side note i really like Fibonacci (i know, it's not very liked, but i do like them) and the market profile. But it takes a lot of reading to understand them. Again not as gospel but for the key values or values of interest.

-watch for the divergence, like Beatle said. As an extra tool for possible entries.

- respect the value line as a general rule, don't sell below, don't buy above. You can ignore it if you believe it's going up and it's just a bit above it. If not just wait, there will be more opportunities later on. Go to a lower TF and enter there below/above value according to your plan if you really believe it's going to run.

- slowly enter a trade and slowly exit a trade. If it's going your way add more. It you already got a nice profit scale down, let the rest role with a profitable SL

- don't be afraid to start a trade counter to the trend you see, if you believe it's going to turn. Like Wade says if the HTF trend goes one way and the LTF goes another, don't be afraid to make a bet on the direction of the HTF even if you still haven't got a signal on the LTF. Even if you make some temporary loss hold to it, define your position, your lower/higher value as your SL, where it stops making sense to hold the trade. It goes again to the Antecipate, don't react mentality. But respect the don't sell below value, don't buy above.

- keep it simple, less is more. Don't overtrade. Don't use more then one system at a time, if you use more then one, don't look at both at the same time. Don't clutter the screen with all sorts of indicators. Don't chase the new magical indicator or system.

I'm not saying to ignore zee or the cluster of indicators from Beatle in the bottom of the chart, but don't take them as gospel, more as a valued tool to help your decision making. Don't wait for it to give magical signals.

They get us because:
- we react, when we should anticipate.
- we enter to strong and can't take the heat when it goes a bit against us. Scale in, pay for the market information. It's very different from just waiting in the sidelines.
- take the temporary loss as natural, hold on until the trade makes sense, get out only when it doesn't. Don't make random and too tight SL's. If you make your trading obvious, it is obvious for them where they can take you out.
- like the gurus say accept that your going to lose some trades, you just have to get more profitable ones then losing ones. And let the profitable ones run, and add to them, and cut the losing ones at the value you identified it no longer makes sense to hold, not some random value, or the closest low point.
- an on a very personal experience, i close trades because i'm happy only to see them run, because i didn't knew to scale down or to identify a value of interest to set as a target. And let the losing ones run in the hope it turns without no clear rules, only to close and see them turn. Close the losers only when it makes no more sense to hold them (it makes no sense to break a key support/resistance or take a lower/higher value line, for example).

As a last note we can't take Beatle or Xard systems as a way to get magical entry and exit signals in my opinion, for as amazing as they may seem. They are valuable tools to help your trade, but you must take some time and effort to define your trade. That's my personal take anyway, i may be wrong on this.
I still make a lot of mistakes: FOMO, pain, pleasure. But i'm cataloguing every trade to analyse later in the weekend, i believe they will only go away with more trading time, so i just take them as paid experience.

Sorry for the bad English, i know i make a lot of mistakes and grammatical errors.