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Brainwashing Trading System

This is a discussion on Brainwashing Trading System within the Trading Systems forums, part of the Trading Forum category; The settings of iTrend_v1.01 indicator is default for any timeframe. because this indicator is having aut0-level 9autosettings) feature. As to ...

          
   
  1. #21
    Administrator newdigital's Avatar
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    The settings of iTrend_v1.01 indicator is default for any timeframe. because this indicator is having aut0-level 9autosettings) feature.

    As to PriceChannel_Stop_v9 indicator so you camn place with Risk parameter. In our Premium section I am using Risk = 0.3. You can reduce the risk if you feel that market (pair/timeframe) is very volatile for example.

    • Less Risk = less trades in a week
    • more Risk - more trades in a week but it may be some false signals in this case.


    You can use it in any timeframe (just "play" with Risk parameter of PriceChannel_Stop_v9 indicator.


    Brainwashing Trading System-bw_1107_1.png

  2. #22
    Administrator newdigital's Avatar
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    Quote Originally Posted by newdigital View Post
    Just want to report that Brainwashing_Expert_v2 EA was created based on this system and uploaded to premium trading forum - read here Brainwashing_Expert_v2 EA for Metatrader 4 (i am starting to forward test/to trade this EA with IBFX broker with the statements uploaded on weekly basis).

    I am forward testing (trading) this EA (Brainwashing_Expert_v2 EA for Metatrader 4) since 10th of July (for EURUSD, GBPUSD, USDJPY and USDCHF (M15 timeframe for all the pairs) and USDCHF is profitable since this date :


    Brainwashing Trading System-bw_usdchf_vs_1.png
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  3. #23
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    Hi..

    Plz explain more abt this systems...So that it helpfull for all traders.

    Plz help me....
    Last edited by newdigital; 10-15-2013 at 10:43 AM. Reason: deleted email address

  4. #24
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    Hi...newdigital


    can u develop this system as EA..And help all traders.

    Thanks,

  5. #25
    Administrator newdigital's Avatar
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    Quote Originally Posted by svinoth View Post
    Hi..

    Plz explain more abt this systems...So that it helpfull for all traders.

    Plz help me....
    why are you asking? this is 3 pages thread. Look at the first post of the thread with indicators, how to install and how to trade.

    ==========

    By the way - do not place your email address on your post
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  6. #26
    Administrator newdigital's Avatar
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    Quote Originally Posted by svinoth View Post
    Hi...newdigital


    can u develop this system as EA..And help all traders.

    Thanks,
    Ea was developed and I am trading with this EA since 10th of July. But I am sorry - EA was placed to premium section of the forum - you can read about EA here and some information about performance - here.
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  7. #27
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    Hi..

    Can post the EA performance of Brainwashing_Expert_v2, from 10th july to till date and EDU to all.

    And share the information abt EA like .............Winning % and Drawdown %.???????????????????????????????


    Thanks,

  8. #28
    Administrator newdigital's Avatar
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    Hi svinoth,

    All public information is on this thread incl ROI, max floating drawdown and so on (you can see visual statement for some profitable pairs there)

    you are not reading ...
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  9. #29
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    Hi newdigital,

    If we are manually trading this system how do you suggest we select the best currency pair to trade?

    In terms of maximizing profitability (building account size fast) with low drawdown, is it better to trade larger timeframes or scalp on 1M or 5M? It seems like with scalping you can trade even during slow hours for smaller but profitable pips.

    Thank you.

  10. #30
    Administrator newdigital's Avatar
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    I think - the best pair is USDCHF (this pair is having less false signals). As to timeframe so I like M15 and H4. EA (uploaded to premium section of our forum) is trading M30.

    More small timeframe = biulding account more fast.
    But
    more small timeframe = more false signals (and more losses).
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