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Re: Beatle's Trend Trading System

3751 by Samoth
Let see where this is heading :D

Support + Divergence + below value + green at the subwindow indicators

Do you know how I can scroll to the right candle by candle? Since you can't backtest with MT4, I can only scroll into the past and use my right arrow key.
Unfortunately the chart then jumps 3 candles instead of one.

Any idea how I can solve this?
These users thanked the author Samoth for the post (total 2):
VespaTrader, maroka

Re: Beatle's Trend Trading System

3752 by forex-nl
Samoth wrote: Tue Mar 12, 2024 6:12 am Let see where this is heading :D

Do you know how I can scroll to the right candle by candle? Since you can't backtest with MT4, I can only scroll into the past and use my right arrow key.
Unfortunately the chart then jumps 3 candles instead of one.

Any idea how I can solve this?
FIrst post ever .. F12 should do the trick. (please remember to turn off auto-scroll)

Cheers,
Fermin
These users thanked the author forex-nl for the post (total 2):
Samoth, maroka

Re: Beatle's Trend Trading System

3753 by VespaTrader
Which settings for Peak.ex4 ?
Samoth wrote: Tue Mar 12, 2024 6:12 am Let see where this is heading :D

Support + Divergence + below value + green at the subwindow indicators

Do you know how I can scroll to the right candle by candle? Since you can't backtest with MT4, I can only scroll into the past and use my right arrow key.
Unfortunately the chart then jumps 3 candles instead of one.

Any idea how I can solve this?
The key to freedom is courage.

Re: NFP on fire 🔥

3756 by Samoth
BeatlemaniaSA wrote: Sat Mar 09, 2024 6:27 am
2024-03-08_NFP 1.png
Hey Beatle,

I have a few small questions about your setup. :D

What is your exact process when you switch through the charts?

I look at the charts every 30 minutes and have a mental checklist, if one point is not fulfilled, then I jump to the next symbol

1) Are xuma, OBV and supertrend the same color and did they all change color with the last 30 minute candle?
2) Is there divergence?
3) Is there a support/resistance zone nearby that goes against the direction of my planned trade?

If all criteria are met, then I enter.

Do you do anything differently or have any suggestions for improvement? ;)

Are you trailing your trades or do you just move your stop loss to breakeven and wait?
And do you have some sort of risk to reward ratio that you want to achieve?
Is the zee and the peak indicator just as important as 1.+2.+3. for you?
These users thanked the author Samoth for the post (total 2):
maroka, BeatlemaniaSA

Re: NFP on fire 🔥

3758 by Samoth
Forexlearner wrote: Tue Mar 12, 2024 8:34 pm didn't you forgot above/below value on the checklist?

could you share those S&R indicators, the one beatle uses i can't customize the colours
It is called advanced supply demand, I bought it from MQL5.

I got an older version though that is "unlocked".
These users thanked the author Samoth for the post (total 3):
Forexlearner, BeatlemaniaSA, specialkey

Re: NFP on fire 🔥

3759 by BeatlemaniaSA
Samoth wrote: Tue Mar 12, 2024 7:42 pm Hey Beatle,

I have a few small questions about your setup. :D

What is your exact process when you switch through the charts?

I look at the charts every 30 minutes and have a mental checklist, if one point is not fulfilled, then I jump to the next symbol

1) Are Xuma, OBV and Supertrend the same colour and did they all change colour with the last 30-minute candle?
2) Is there divergence?
3) Is there a support/resistance zone nearby that goes against the direction of my planned trade?

If all criteria are met, then I enter.

Do you do anything differently or have any suggestions for improvement? ;)

Are you trailing your trades or do you just move your stop loss to breakeven and wait?
And do you have some sort of risk-to-reward ratio that you want to achieve?
Is the zee and the peak indicator just as important as 1.+2.+3. for you?
Hi samoth,

Yes, I generally follow the same checklist process. The first step though is to always check where price is in relation to value. This is extremely important. I do not trail my trades. I move them to break even once I feel they have moved sufficiently into profit. a personal decision ;). The risk-to-reward that I set for myself is a 1:3 to 1:4.

The Peak and Zee work in unison and give me a very good indication of price movement i.e a potential reversal. I have both set to 18 (the default of the Zee).

The 1-2-3 indicator now provides me with a very good indication of where price is heading and I can set my TP accordingly. It is amazingly accurate and when all the other indicators align when price reaches the zones I can go heavy on the trade ;)
These users thanked the author BeatlemaniaSA for the post (total 2):
Samoth, Forexlearner
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