Re: 🐞 Beatle's Trend Trading System 🐞

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Woodyz wrote: Wed Jan 03, 2024 3:47 pm Here is the latest updated FX Art's FVG indicator. (Sorry only got the .ex4 file)
& yes, this does have a button.
The reason I went looking for this was due to the fact that I found I could no longer load up the 1 supplied with the beats V5.
🤓

Woody youre a champion bud..... did Beatle use the default settings or was his settings tweaked ??

Loaded it in Beats V5 and it's fantastic support and resistance indicator on it's own


Re: 🐞 Beatle's Trend Trading System 🐞

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40+ pips on GBPJPY using Beats entry rules - 1 hour chart
  • Signals appeared during London session, trade closed in US session
  • Exited using a daily timeframe ATR of 44.3 pips

I've specifically opened this small account for live trades using the BEATS V5 system and to keep the Beatle legacy going.

1:20 leverage as per Australian rules, account is $5000 which allows me up to 1 lot trades.

Not sure what happened with the Xard panel stats saying I'm in the minus.
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Re: 🐞 Beatle's Trend Trading System 🐞

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Jimmy wrote: Tue Jun 18, 2024 12:51 am 40+ pips on GBPJPY using Beats entry rules - 1 hour chart
  • Signals appeared during London session, trade closed in US session
  • Exited using a daily timeframe ATR of 44.3 pips
Beats V5 live trade 1.png


I've specifically opened this small account for live trades using the BEATS V5 system and to keep the Beatle legacy going.

1:20 leverage as per Australian rules, account is $5000 which allows me up to 1 lot trades.

Not sure what happened with the Xard panel stats saying I'm in the minus.
Thats nice mate.............Whats happened with Beatle?...........On a golf trip or something
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Jimmy


Re: 🐞 Beatle's Trend Trading System 🐞

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2x 30 pip trades closed today using Beatle's BEATS V5 setup:
  • 1 Hour chart for signals as instructed in Beatle's screenshot guide
  • GBPJPY
  • First trade I got in late as I didn't have access to my desktop but all histograms aligned. Re-entered a second trade when price dipped and began moving upwards again. The ADX went Blue and the Histograms lined up as per Beatle's instructions
Key takeaway with this system is it thrives during Frankfurt, London and US sessions. Don't trade during Asian session, forget it.

Live testing continues and will update the thread with results.
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maroka, newbie4ever, moey_dw, TransparentTrader, Cagliostro, lukgoku, boytoy, Samoth, Xanadu, JCCTREND
Myfxbook live trading results 📊

List of our most powerful reversal indicators + Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions + How to draw Support & Resistance

Re: 🐞 Beatle's Trend Trading System 🐞

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Jimmy wrote: Tue Jun 18, 2024 12:51 am 40+ pips on GBPJPY using Beats entry rules - 1 hour chart
  • Signals appeared during London session, trade closed in US session
  • Exited using a daily timeframe ATR of 44.3 pips (top right corner)
Beats V5 live trade 1.png


I've specifically opened this small account for live trades using the BEATS V5 system and to keep the Beatle legacy going.

1:20 leverage as per Australian rules, account is $5000 which allows me up to 1 lot trades.

Not sure what happened with the Xard panel stats saying I'm in the minus.
Cheerful mood! On the upper corner, I did not understand how to understand 3xADR, please details? Sorry, this is an annoying question. :)

Re: 🐞 Beatle's Trend Trading System 🐞

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Hello friends. After updating Mt4, I thought about creating a trading system that would work and not turn off the indicators.
Linux is installed on my computer and I could not roll back to the old version of Mt4.
Therefore, allow me to share with you what I have collected. The system is assembled from several systems published here on the forum.
Thanks to BeatlemaniaSA, xard777, Neroloft. These systems formed the basis of the new one. I found several indicators on the forum.
I assembled the system according to the “I’m a beginner” principle. To make it visually clear where the price will go.

Ignore the name of the indicator folder. At first I just put interesting indicators there. And now I don’t want to redo all the settings if I rename the folder.
I ask respected trading masters to test the indicator and point out my errors in the settings. Or indicator mismatch. Thank you.

The beginning of the new system was the trading system from Beatlemania. That's why I think it's right to place it here.
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Re: 🐞 Beatle's Trend Trading System 🐞

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kudrpenk wrote: Thu Jun 20, 2024 4:23 am Cheerful mood! On the upper corner, I did not understand how to understand 3xADR, please details? Sorry, this is an annoying question. :)
Good question. The 3x ADR displays the maximum pips an entire trend (swing) lasts for.
Every time a pair reaches near the 3xADR the trend will have to reverse eg.
  • 3x ADR of GPBJPY is 448 pips
  • Once price has moved close to this, you would look for a major reversal as it will not exceed the 3x ADR.
It's mainly used as a take profit guide. This is done by:
  • Dividing the 3x ADR by 3.
  • The sum is your take profit target eg.
    • GPBJPY's 3x ADR is 448. Divide it by 3 and you get 149 (pips).
So 149 pips is the amount of movement into the trend's direction you would anticipate from a session, depending on where you get in. If you're late, just subtract from the last swing.

You can also use the daily timeframe's ATR indicator set on 14 period which will tell you what your take profit should be. I will add this to Beatle's template and re-release a newer version if that makes it easier.

Are you finding the strategy good? Or do you feel like it's a bit heavy on resources/loading?
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Myfxbook live trading results 📊

List of our most powerful reversal indicators + Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions + How to draw Support & Resistance