Re: 🐞 Beatle's Trend Trading System 🐞

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tmostafa007 wrote: Fri Sep 13, 2024 6:06 pm Good morning All,

how i can change the bell sound, thanks
Hi, if you are meaning a indicator alert sound you might be able to change it to one from the events list.

Look in the indicator inputs box, see if a sound file is listed.

Then go to the Tools > Options > Events and chose a different file to replace the .wav listed in the indicator box.
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Re: 🐞 Beatle's Trend Trading System 🐞

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ujtrader wrote: Thu Sep 12, 2024 12:54 am I just found that we have a better version of it. I replaced the previous one with this new version, thanks to Mr. Tools. I hope we get a fine-tune from Master Beatle and add it to the template. ❤️
download/file.php?id=3492819
Nicely done, thanks for uploading your settings file for everyone to use too.

Trading starts again in 38 hours, hope you're all having a good weekend 🕗
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Re: 🐞 Beatle's Trend Trading System 🐞

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First of all Congrats and well done for posting your system publicly for rest of community to be benefited , i hav been following the forexstation for longest i can remember i have tested this system as silent reader for quite some time i want to put feedback maybe ADX indicator need further optimization to catch large moves rather than every move what that mean is some pairs have increased volatility which make it difficult to trade even on 1hour before an expansion move market can take u out on stop loss

Re: 🐞 Beatle's Trend Trading System 🐞

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Piphunterss wrote: Sun Sep 15, 2024 2:26 am First of all Congrats and well done for posting your system publicly for rest of community to be benefited , i hav been following the forexstation for longest i can remember i have tested this system as silent reader for quite some time i want to put feedback maybe ADX indicator need further optimization to catch large moves rather than every move what that mean is some pairs have increased volatility which make it difficult to trade even on 1hour before an expansion move market can take u out on stop loss
you will be disappointed with adx trend indicator and i confirm that if you use it for scalp it is effective but the rate is 60%. if you have experience then the winning rate will be higher 65%-70% for scalp. ATS system is an independent system. Since I have learned and studied until now, this system is based on price action, each narrow box has a different meaning in each market stage and you need to learn and experience to evaluate it in the way you accumulate. I personally see this system, the Xu 3ma and super trend indicators are just to confirm more confidence when entering and exiting orders. TDI is to supplement your confidence.
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Re: 🐞 Beatle's Trend Trading System 🐞

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vzulaks wrote: Sun Sep 15, 2024 3:28 am you will be disappointed with adx trend indicator and i confirm that if you use it for scalp it is effective but the rate is 60%. if you have experience then the winning rate will be higher 65%-70% for scalp. ATS system is an independent system. Since I have learned and studied until now, this system is based on price action, each narrow box has a different meaning in each market stage and you need to learn and experience to evaluate it in the way you accumulate. I personally see this system, the Xu 3ma and super trend indicators are just to confirm more confidence when entering and exiting orders. TDI is to supplement your confidence.
I understand your point basically every one see and implement the data and price action differently when live market moves up and down whoever is using this system will force the thought of getting all indicators align with their decision of buy sell what i was referring to is ti give adx little more room so it can produce swing trading signals . ATS is good price action utility which basically highlight contraction and equilibrium of price as a whole that to require further guidance of trend

Re: 🐞 Beatle's Trend Trading System 🐞

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Piphunterss wrote: Sun Sep 15, 2024 4:15 am I understand your point basically every one see and implement the data and price action differently when live market moves up and down whoever is using this system will force the thought of getting all indicators align with their decision of buy sell what i was referring to is ti give adx little more room so it can produce swing trading signals . ATS is good price action utility which basically highlight contraction and equilibrium of price as a whole that to require further guidance of trend
HI welcome to forex-station 😊

I agree with you that for swing trading, we might need to adjust the ADX settings. However, it seems that the system is primarily designed for scalping. The ADX settings were deliberately tuned to highlight shorter-term momentum shifts, which is why it might seem to pick up a lot of noise. For scalping, this sensitivity is actually beneficial, as it allows us to capitalize on every possible movement, no matter how small. If we adjusted the ADX to filter out noise and give more room, it might delay signals, making it less effective for scalping.

But there is a workaround. You can combine ADX readings on higher timeframes (e.g., daily or weekly) to understand the broader trend, and then use shorter timeframes (e.g., 15 minutes or 30 minutes) to pinpoint swings or entry points. Once you have your entry, you can hold it until the adx trend on the higher timeframe changes or based on price action level targets. 📈
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Re: 🐞 Beatle's Trend Trading System 🐞

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ujtrader wrote: Sun Sep 15, 2024 2:40 pm HI welcome to forex-station 😊

I agree with you that for swing trading, we might need to adjust the ADX settings. However, it seems that the system is primarily designed for scalping. The ADX settings were deliberately tuned to highlight shorter-term momentum shifts, which is why it might seem to pick up a lot of noise. For scalping, this sensitivity is actually beneficial, as it allows us to capitalize on every possible movement, no matter how small. If we adjusted the ADX to filter out noise and give more room, it might delay signals, making it less effective for scalping.

But there is a workaround. You can combine ADX readings on higher timeframes (e.g., daily or weekly) to understand the broader trend, and then use shorter timeframes (e.g., 15 minutes or 30 minutes) to pinpoint swings or entry points. Once you have your entry, you can hold it until the adx trend on the higher timeframe changes or based on price action level targets. 📈

THankyou very much and i do agree we can put adx on multi timeframe to guage htf trend ,