Type636 wrote: Sun Mar 16, 2025 7:05 pm Hello ChuChu Rocket,

Yes I'm using the BEATSV5.tpl that came with the original zipped file.

I really appreciate the help!

Type636 wrote: Fri Mar 14, 2025 5:19 pm Hello,

Can someone please tell me why are the indicaters on the right side of BEATS V5 template all scrunched up?

Thanks.

Type636 wrote: Mon Mar 17, 2025 1:37 am Hello,

It worked!!!

Combination of 2 things fixed it!!

Thank you David and ChuChu!!

Type636 wrote: Wed Mar 19, 2025 11:26 am Hello everyone,

I made a few trades based on Beatle's Trend Trading System , all in the green.

I do understand that success is measured not from a single trade, but from a number of trades!

Curious as to how many individuals are trading live accounts, and are successful on a monthly basis?

-Joseph

Live trading and Myfxbook results: Testing the system with a real account here.

davidpont wrote: Wed Mar 19, 2025 5:04 pm Go to page 1 and you will have your answer.
Jimmy started a live account with very simple, (yet strong and disciplined) rules and was transparent about them.

• Almost every time you enter when the subwindow indicators "line up" on the hourly chart it'll pull back and you'll be in drawdown for a while
• Entries will be much more profitable if you beat the ADX and histograms to it (working on it right now)
• You need to use wide stops (or mental stops)
• Traditional risk to reward ratio will not work ie. 20 pips take profit with 20 pips stop loss

• Monthly chart (eg. monthly is on an uptrend for the last two years, I'll only look for buy trades)
• Entering with the 1H chart ADX signal turns blue, and Histograms line up
• Only trading volatile Spot FX "Minor" pairs. No majors:
  • GBPCAD (instead of GBPJPY now due to the Yen intervention last year)
  • EURCAD
  • EURAUD
  • EURNZD
  • GBPAUD
  • GBPNZD
• Soft stops and take profit (mental stops)
• Letting trades run, drawdown of over 25% and I'll look at exiting

Jimmy wrote: Thu Mar 20, 2025 10:13 am Thanks Dave, it's not to everyone's liking but I'm really just trying to see how accurate the entry signals are. I started the account preparing to blow it and it's managed to do well.

Jimmy wrote: Thu Mar 20, 2025 10:13 am Thanks Dave, it's not to everyone's liking but I'm really just trying to see how accurate the entry signals are. I started the account preparing to blow it and it's managed to do well.

Some important observations so far:

• Almost every time you enter when the subwindow indicators "line up" on the hourly chart it'll pull back and you'll be in drawdown for a while
• Entries will be much more profitable if you beat the ADX and histograms to it (working on it right now)
• You need to use wide stops (or mental stops)
• Traditional risk to reward ratio will not work ie. 20 pips take profit with 20 pips stop loss

.As mentioned, I'm basing trades on:

• Monthly chart (eg. monthly is on an uptrend for the last two years, I'll only look for buy trades)
• Entering with the 1H chart ADX signal turns blue, and Histograms line up
• Only trading volatile Spot FX "Minor" pairs. No majors:
  • GBPCAD (instead of GBPJPY now due to the Yen intervention last year)
  • EURCAD
  • EURAUD
  • EURNZD
  • GBPAUD
  • GBPNZD
• Soft stops and take profit (mental stops)
• Letting trades run, drawdown of over 25% and I'll look at exiting

I'm working to simplify the system even more. As many of you mentioned, there can be some lag with the ADX's signals. It's not too bad of a thing, it's just once you're in profit you'll need to take a maximum of 25 pips at a time, or risk a strong pullback.

Once I've simplified the system to become lighter, less indicators and more easier to execute trades I'll start a topic about it if anyone's interested. Not to take the shine off BeatlemaniaSA's hard work, but I haven't heard from him on when he'll be back and I want to continue his legacy with a simple version until he returns.

Below is how I quickly gauge the prevailing trend. Here you can see the candlesticks continue to climb higher over each other within the past two years. That's all.
And if you need assurance from the indicators you will also see that there's more "blue" in the ADX than "red" it's a strong uptrend:

Jimmy wrote: Thu Mar 20, 2025 10:13 am Thanks Dave, it's not to everyone's liking but I'm really just trying to see how accurate the entry signals are. I started the account preparing to blow it and it's managed to do well.

Some important observations so far:

• Almost every time you enter when the subwindow indicators "line up" on the hourly chart it'll pull back and you'll be in drawdown for a while
• Entries will be much more profitable if you beat the ADX and histograms to it (working on it right now)
• You need to use wide stops (or mental stops)
• Traditional risk to reward ratio will not work ie. 20 pips take profit with 20 pips stop loss

.As mentioned, I'm basing trades on:

• Monthly chart (eg. monthly is on an uptrend for the last two years, I'll only look for buy trades)
• Entering with the 1H chart ADX signal turns blue, and Histograms line up
• Only trading volatile Spot FX "Minor" pairs. No majors:
  • GBPCAD (instead of GBPJPY now due to the Yen intervention last year)
  • EURCAD
  • EURAUD
  • EURNZD
  • GBPAUD
  • GBPNZD
• Soft stops and take profit (mental stops)
• Letting trades run, drawdown of over 25% and I'll look at exiting

I'm working to simplify the system even more. As many of you mentioned, there can be some lag with the ADX's signals. It's not too bad of a thing, it's just once you're in profit you'll need to take a maximum of 25 pips at a time, or risk a strong pullback.

Once I've simplified the system to become lighter, less indicators and more easier to execute trades I'll start a topic about it if anyone's interested. Not to take the shine off BeatlemaniaSA's hard work, but I haven't heard from him on when he'll be back and I want to continue his legacy with a simple version until he returns.

Below is how I quickly gauge the prevailing trend. Here you can see the candlesticks continue to climb higher over each other within the past two years. That's all.
And if you need assurance from the indicators you will also see that there's more "blue" in the ADX than "red" it's a strong uptrend: