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Re: 🐞 Beatle's Trend Trading System 🐞

Posted: Thu Jun 20, 2024 7:42 pm
by dreamingboy
Spazmus wrote: Thu Jun 20, 2024 7:20 pm.
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 โ€œIโ€™m a beginnerโ€ principle. To make it visually clear where the price will go.

The beginning of the new system was the trading system from Beatlemania. That's why I think it's right to place it here.
Very eye-catching and neat, hopefully in the future you will update more and have a separate thread dedicated to your unique style and experimentation, creating a new pathway of thinking and creativity for beginners.

Re: 🐞 Beatle's Trend Trading System 🐞

Posted: Thu Jun 20, 2024 7:48 pm
by dreamingboy
Jimmy wrote: Thu Jun 20, 2024 7:22 pm 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.

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.
The information is very useful, newbies often feel that ATR or ADR are not very attractive and fancy when first looking at them because there are no clear buying and selling signals, but they are the most important indicators when talking about risk and money management.

You have to live long enough to learn something to turn red to gray and then finally to green someday ๐Ÿ’ฏ

Re: 🐞 Beatle's Trend Trading System 🐞

Posted: Fri Jun 21, 2024 12:24 am
by Jimmy
dreamingboy wrote: Thu Jun 20, 2024 7:48 pm The information is very useful, newbies often feel that ATR or ADR are not very attractive and fancy when first looking at them because there are no clear buying and selling signals, but they are the most important indicators when talking about risk and money management.

You have to live long enough to learn something to turn red to gray and then finally to green someday ๐Ÿ’ฏ
Haha you're absolutely right brother ๐Ÿ™‚

Regarding the ATR and ADR, I personally find the ATR much easier to understand compared to the ADR (levels) when it comes to taking profit.

The full ATR Oscillator in it's original, standard form doesn't offer any insight into the market when buying or selling. But like you said, it can be used to forecast your take profit and money management which is really important once you begin learning more about trading.

Re: 🐞 Beatle's Trend Trading System 🐞

Posted: Fri Jun 21, 2024 12:26 am
by Jimmy
30+ pips trade today with the Beats V5. A bit of volatile price movement from the GBP news which passed.

Again, entry is highlighted in the screenshot and what's commendable about this system's entry signals is it gets you into trades with minimum drawdown. Yes, the GBP news caused some flutter where I was up by 30 pips then suddenly down by 20 pips, but after US market opened it was back to business and up she went again.

So far this week the Beats V5 has netted 130+ pips on the live test account just by using the 1 hour chart entry signals. All of this week's trades are also marked in the chart below.

Re: 🐞 Beatle's Trend Trading System 🐞

Posted: Fri Jun 21, 2024 1:04 am
by Tradehunter
Jimmy wrote: Fri Jun 21, 2024 12:26 am 30+ pips trade today with the Beats V5. A bit of volatile price movement from the GBP news which passed.
How many pairs do you trade?

Re: 🐞 Beatle's Trend Trading System 🐞

Posted: Fri Jun 21, 2024 1:24 am
by ujtrader
Jimmy wrote: Fri Jun 21, 2024 12:26 am ...
Thanks for sharing your daily trading examples. They really help people understand how the system works...

Re: 🐞 Beatle's Trend Trading System 🐞

Posted: Fri Jun 21, 2024 1:24 am
by Jimmy
Tradehunter wrote: Fri Jun 21, 2024 1:04 am How many pairs do you trade?
I trade all high volatility minor pairs:
  • GBPJPY
  • GBPAUD
  • GBPNZD
  • EURAUD
  • EURNZD
  • EURJPY
For testing the system I've been taking signals on GBPJPY with it but i'll also be using it in Indices and Energy as the trades go on.

Re: 🐞 Beatle's Trend Trading System 🐞

Posted: Fri Jun 21, 2024 1:28 am
by Jimmy
ujtrader wrote: Fri Jun 21, 2024 1:24 am Thanks for sharing your daily trading examples. They really help people understand how the system works...
Thank you for following Beatle's system. It is one of the best strategies out there and hope more traders will be interested in using it too ๐Ÿ™‚

Re: 🐞 Beatle's Trend Trading System 🐞

Posted: Fri Jun 21, 2024 2:02 am
by ujtrader
I am using the No Nonsense ATR indicator for profit taking and cutting losses. I open two trades, each with half the usual trade size. The first trade closes at the take profit level, and the second one continues to run with a break even stop or until a reversal signal is generated by the system
attach/file/3399587

Re: 🐞 Beatle's Trend Trading System 🐞

Posted: Fri Jun 21, 2024 3:39 am
by Tradehunter
Jimmy wrote: Fri Jun 21, 2024 1:24 am I trade all high volatility minor pairs:
No Majors? :Shocked:
We need an ask Jimmy thread!!!