Re: Beatle's Trend Trading System

2721
Hi Battlemania, firstly I want to thank you for this new system.

I would have a few questions regarding your system and your notes.

1.) Where or how can we see if the price is ABOVE or BELOW value? I would like to understand that because I believe that is the most important thing in this system and I can see that or realize it.
2.) Where can we see liquidity lines?
3.) We have these squeezing boxes which I understand, but what does a different color border around it means?
4.) I made an entry to test this system and as you can see from my picture attached, I waited for the candle to break squeezing the box to enter. Is that right or I should already enter the previous candle which has all the criteria met?
5.) Where do you mainly put stop loss? Below/above the arrow as I did? Or do you put it below/above the entry candle? Any other principle?

I hope I am not asking too much.

Have a great trading to all. Green pips ;)


Re: Beatle's Trend Trading System

2722
promixer wrote: Fri Dec 01, 2023 9:13 pm Hi Beatlemania, firstly I want to thank you for this new system.

I would have a few questions regarding your system and your notes.

1.) Where or how can we see if the price is ABOVE or BELOW value? I would like to understand that because I believe that is the most important thing in this system and I can see that or realize it. Value is the 50% mark of each of the contraction boxes. So I simply look left and see if the price is above or below this 50% mark (which is the yellow line in each of the contraction boxes.)

2.) Where can we see liquidity lines? You go into the ATS 5 indicator settings and change the colour of the liquidity lines so that it will be more visible on your chart

3.) We have these squeezing boxes which I understand, but what does a different colour border around it mean? All the types of contraction boxes are explained in the ATS videos which you can download from the ATS Library link on the 1st page of the thread

4.) I made an entry to test this system and as you can see from my picture attached, I waited for the candle to break squeezing the box to enter. Is that right or I should already enter the previous candle which has all the criteria met? You don't have to wait for the breakout of the box. There will be times when the entry conditions are met later on the charts. The most important is that there is an alignment of the sub-window indicators AFTER the appearance of the Entry or Exit signals

5.) Where do you mainly put stop loss? Below/above the arrow as I did? Or do you put it below/above the entry candle? Any other principle? I DON'T trade with a stoploss (not recommended for noobies :D). However, I set alerts at the level I would want to be notified of a possible exit on my trade. The reason that I do not use stop losses is that I do NOT want to fall victim to stophunting or spikes. Stop losses should be based on your risk tolerance. Don't get too cute and put them too close to entry

I hope I am not asking too much. When learning one can NEVER ask too many questions ;)

Have a great trade to all. Green pips ;)
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BEATS V5 - "Enjoy The Quiet Between Trades”

Improve Your Trading Psychology - NO FEAR, NO DOUBT

Re: Beatle's Trend Trading System

2723
ffsss wrote: Fri Dec 01, 2023 9:12 pm But scissors repaint right? How do you trade scissors to bar i you never know when the scissors will maintain?
Alignment of ENTRY conditions after the scissors have appeared ;)

The bars and scissors represent the same thing, a potential reversal point. I observe and then wait for entry/exit conditions :)
BEATS V5 - "Enjoy The Quiet Between Trades”

Improve Your Trading Psychology - NO FEAR, NO DOUBT

Re: Beatle's Trend Trading System

2725
BeatlemaniaSA wrote: Fri Dec 01, 2023 9:51 pm I just looked closely at the symbol changer on your chart and yikes how many limit orders have you set?
Hi Battlemania,

so first thanks for the obligations on questions.

About pending orders is just my way of marking the pairs that are on my watchlist, nothing else. They are far far away from being triggered :D

BTW do you have any kind of way to determinate the trend from which you will consider taking BUY or SELL on the M30 chart? I am always open with all of my ears for this answers :D


Re: Beatle's Trend Trading System

2726
promixer wrote: Fri Dec 01, 2023 9:59 pm Hi Battlemania,

so first thanks for the obligations on questions.

About pending orders is just my way of marking the pairs that are on my watchlist, nothing else. They are far far away from being triggered :D

BTW do you have any kind of way to determinate the trend from which you will consider taking BUY or SELL on the M30 chart? I am always open with all of my ears for this answers :D
I determine the trend simply by looking at the chart. I've structured the whole system so that you simply need to look at the chart and everything is clearly shown. No need to over-complicate trading anymore ;)
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BEATS V5 - "Enjoy The Quiet Between Trades”

Improve Your Trading Psychology - NO FEAR, NO DOUBT

Re: Beatle's Trend Trading System

2727
BeatlemaniaSA wrote: Fri Dec 01, 2023 10:03 pm I determine the trend simply by looking at the chart. I've structured the whole system so that you simply need to look at the chart and everything is clearly shown. No need to over-complicate trading anymore ;)
So when you take M30 trade you look trend on the same chart? So we just look at mid-lines of squeezing boxes and VWAP right? Or did I miss something else also?

Re: Beatle's Trend Trading System

2728
promixer wrote: Fri Dec 01, 2023 10:21 pm So when you take M30 trade you look trend on the same chart? So we just look at the mid-lines of squeezing boxes and VWAP right? Or did I miss something else also?
Whichever timeframe I enter on I am always looking at the higher timeframes to that one to see the trend. The location of price in relation to value and the VWAP is just to give you an idea if it is a potential sell or buy. Don't overthink it.
BEATS V5 - "Enjoy The Quiet Between Trades”

Improve Your Trading Psychology - NO FEAR, NO DOUBT

Re: Friday trades to finish off a golden BEATS week of trading! 🚀💸🔥📻

2730
Hunter45 wrote: Fri Dec 01, 2023 11:16 pm Hello Beatle. Firstly thank you for the all the work you have put in creating this fantastic system.

I have installed all the indicators etc., as stated to their respective folders, but I do not see the adx trend on the chart. I also tried a fresh installation but still no luck. What would you suggest I do. Thanks.
You need the .DLL, here's how to install it.
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