Braintrading system 7.0
BrainTrading System indicator package includes four main independently calculated indicators: BrainTrend1,BrainTrend1Stop, BrainTrend2, BrainTrend2Stop and four auxiliary indicatorsused for pictorial presentation of main indicators: BrainTrend1Sig, BrainTrend1StopLine, BrainTrend2Sig, BrainTrend2StopLine. BrainTrend1, BrainTrend1Sig, BrainTrend1Stop, BrainTrend1StopLineBrainTrend2, Braintrading, BrainTrend2Stop, BrainTrend2StopLineBrainTrend1, BrainTrend1Sig, BrainTrend1Stop, BrainTrend1StopLine, BrainTrend2Sig, BrainTrend2Stop, BrainTrend2StopLine are priority groups of indicators of the BrainTrading System. It shows trend direction by colors,when the market changes to or stays in an up-trend, the bars become or remain BLUE. When the marketchanges to or stays in a downtrend, the bars become or remain RED. When the market goes sideways or is notstrong on either side, the bars become or remain GREEN. BrainTrend1 and BrainTrend2 indicators can workwith any time bar charts. You need to use BrainTrend1 indicator as main on all charts and use BrainTrend2 as confirmativeindicator in separate chart window. BrainTrend1Sig and BrainTrend2Sig are semi-system indicators, which integrates the time-provenBrainTrading trading rules and generates BUY or SELL signals. BrainTrend1Sig will provide a buy signal with a big Cyan dot when buy conditions are met. The value of thebig cyan dot is the initial stop for the position. BrainTrend1Sig will provide a sell signal with a big Magentadot when sell conditions are met. The value of the big dot is the initial stop for the position. BrainTrend2Sig will provide a buy signal with a big Blue dot when buy conditions are met. The value of thebig Blue dot is the initial stop for the position. BrainTrend2Sig will provide a sell signal with a big Red dotwhen sell conditions are met. The value of the big Red dot is the initial stop for the position. BrainTrend1Stop and BrainTrend2Stop are trend-stop indicators, and are demonstrated by multicoloreddots. For distinguishing purposes, BrainTrend1Stop uses Cyan and Magenta dots, and BrainTrend2Stop usesBlue and Red dots. Both BrainTrend1Stop and BrainTrend2Stop must identify a trend first then begin to paint the dots. This iswhy you may not see any dots sometimes. Cyan or Blue Dots system the lows of the bars indicate two things: The value of the Cyan or Blue points can be seen in the Data Window after moving your mouse pointer to this indicator point. The Magenta or Red Dots above the highs of the bars indicate two things: The 7.0 of the Magenta or Red points can be seen in the Data Window after moving your mouse pointer to this indicator point. Many studies reveal that it is more difficult to know how to exit the market than to enter the market. One canget into the market at any time if one knows how to get out of the market. They help traders enter and stay in the right market direction with minimal risk. You can back testTREND-STOPS with the historical data. Use BrainTrend1Stop and BrainTrend2Stop to enter the marketand as trailing stops. BrainTrend1Stop and BrainTrend2Stop work in very similar ways, but the trend definition and stopcalculations are different. Werecommend you to use BrainTrend2Stop indicator on small time frames 15 minutes or less as trailing stopsand use BrainTrend1Stop to enter the market on this time frame. Also we recommend you to use BrainTrend2Stop indicator on big time frames 30 minutes or more aschoppy market braintrading only and use BrainTrend1Stop indicator on this time frames as entry and exit tool. Don't trade when there are conflicting stop signals BrainTrend1Stop and BrainTrend2Stop stop signalsabove and below the highs and lows of the bars at the same time. Wait for BrainTrend1Stop andBrainTrend2Stop stop signals will be both above or below the highs or lows of the bars. And we have rule for practically without risk of loss using of ourindicators: Conflicting BrainTrend1Stop and BrainTrend2Stop signals. The beauty of BrainTrading System stops is that the stops change along with the market. When you enter the market, the stops will continuously indicatethe optimal stops guiding you to lock in your profit, and to approach maximum profits step by step. All BrainTrading System indicators can work with any time bar charts. Priority groups of indicators of the BrainTrading System. This method is good for day trading, short term and long term position trading. Set up a chart withBrainTrend1, BrainTrend1Sig, BrainTrend1Stop and BrainTrend1StopLine added on. And then set upanother chart with BrainTrend2, BrainTrend2Sig, BrainTrend2Stop and BrainTrend2StopLine added on see Figure 9 and Figure Short Term And Long Term Agreement SL Entry. You may back test in your historical data for this rule. If weekly bars keep blue,watch the daily bars turning green or red, wait the daily system coming back to blue to enter the long position. Another way, if both weekly and daily bars are blue, wait the BrainTrend1Stop stop moves one step up toentry the long position. Conversely, a similar rule applies for a down-trend. Once a big move is on its way, the BrainTrading System stops do a very good job in optimizing profit, yetkeep you in the big move until the end. To test this fact, open a page with BrainTrading System stops on and find out how they performed during thebig moves in the past. If your parameters are set properly, you should come to the same conclusion, that is, BrainTrading System never misses a big move. By knowing this fact, you can greatly increase your leveragecapacity in hedging your positions if you are trading multiple contracts. For example, in an up-trend, you see both bluebars and blue dots as the market moves up. Suddenly, you see the market shift into a countertrend, moving backvery close to the cyan or blue dots stopsbut the bar is still blue. As soon as you see the market move upagain, go ahead with the LR Entry or add a long position. Use BrainTrading System stops as your protection stops. With this entry your risk is significantly low. If you have one position with some profit,and you trade multiple contracts, you can add a position with smaller risk at this point. Remember that goodtraders take advantage of direction and duration. Act on what themarket is doing, rather than what you assume it to be. A typical Low Risk LR entry example. Enter a buy position when the BrainTrend1Stop cyan dot moved up and price was very close to thecyan stop. Inversely, enter a sell position when the BrainTrend1Stop magenta dot moved down and price wasvery close to the magenta stop. The feature is that the risk for 7.0 entry is low, and you will know your positionright or wrong very soon. For the best trading result, use BrainTrend1Sig or BrainTrend2Sigalong with the other four BrainTrading System indicators to confirma trade. Go to a short time frame chart, wait for a retrace to enter the market. If you useend-of-day data, enter a buy position the next day when BrainTrading System gives a BIG CYAN or BLUEdot, you may pick a better price when the market retraces towards the stop. If you useend-of-day data, enter a sell position the next day when BrainTrading System gives a BIG MAGENTA orRED dot, you may pick a better price when the market retraces towards the stop. It is the way to ignore false signals from your BrainTrading System Indicators. The longer the time bars, the higher theaccuracy. The time frame controls the trading frequency too. If you use the end-day data, you may use dailybars for position trading. If you have time to watch the markets during day time, use the or minute barsfor better entry price. Generally, use the longer time bars to determine the direction that you want to enter; use the shorter time barsto pinpoint the entry. Specifically, enter a long buy position when:. Current longer time bar must be blue; 2. Current shorter time bar just changed color from green or red to blue; 3. The retracement of a few bars ago does not break the BrainTrading System stops; 4. Low of the shorter time bar is greater than the low of one bar ago; 5. Use RSI 2 i. Place your protection stop below the low of one bar ago. The opposite set of conditions should be met for short sell position. For example, you may use 1-hour chart to guide the direction and use min chart for entry or exit fordaytrading. Wait the market pulling back, but not penetrating the BrainTrading System stops to enter. Retracement Entry can be used to do position trading by using delayed data. This method has a great advantageof getting better filled for position trading. Use the longer time frame, such as the 4-hour bar, to determine thedirection, and use 7.0 short time frame, such as 1-hour or 30 minute, to determine the entry point. For example, ifthe 4-hour bar is blue, prepare to buy, but wait for the 1-hour or 30 minute bar to turn red. Estimate the normal retracement duration for your market. If the normal retracement duration is 4 bars on the 30 minute chart, thenwait for 4 red bars, and if the 4th red bar does not penetrate the BrainTrading System stop, enter a long positionat the market. You get a better filled price as well as a favorable market position, since the braintrading did notpenetrate the stop after a normal retracement period. You may use 4-hour chart to guide the direction and use 1-hour chart for entry or exit for position trading. Waitthe market pulling back, but not penetrating the BrainTrading System stops to enter. Is the current pullback a retrace or reverse? That is the key in determining the entry. BrainTrend1Stop on a Min chart can help to identify a retrace from reversal. After the Min chart form a pivot low, go back to theMin chart to see if the BrainTrend1Stop stop on Min still exist or not. Whattime frame is the best in distinguishing retrace from reversal for your market? A simple test can help. Changetime frames on the Min chart with historical data, look at the early stage of trends, to see BrainTrend1Stopon what time frame can best distinguish between retrace and reversal. Knowing how to hold a position is more difficult than entering a trade. At each and every moment after we enter a trade, these questions are asked time and time again in our mind. We wish we could hear the answers directly from the market! Basically, each of BrainTrading Systemindicators is calculated independently. Sometimes, near turning points or in a choppy market, you may seeconflicting indicators, such as a magenta dot above a blue bar or a red bar with no dots showing or both blueand red bars showing up for the same bars, etc. In real trading, time is everything. We can not wait for all theseindicators to confirm each other, then enter the markets. If yourtrading positions are not confirmed by one of the following confirmation rules within a certain time, you shouldconsider exiting the positions. What is the certain time? It depends on the specific market, onwhether you are daytrading or position trading, on the time bar frame used, etc. You need to decide for yourself,though typically the best time is about 4 to 8 bars. Avoid entering the market near the current high or long termResistance Line, even when you get a buy signal from short term chart and confirmed by long-term chart. There are four simple confirmations for positions which you are holding:. If you are in a long buy position, watch for Cyan or Blue dots showing below the blue bars, or if you are in ashort sell position, watch for Magenta or Red dots showing above the red bars. Here is essential for thisconfirmation. Short term bar chart and long term bar chart confirmation:. The short time bar chart is 30 minute bars, and long time bar chart is 1-hour bars. When an uptrend begins, the30 minute bar changes to blue first while the 1 hour bar is still red or green. If the 1 hour bar begins showingblue, this is called confirmation of the up-trend by long term bars. It is the opposite for the downtrend. You may confirm this entry by your favorite oscillators or MACD. Due to quick development of the information highway and modern communication, all markets are related toeach other more than ever before. Inter-market analysis has been one of the top issues in market research. Now BrainTrading System provides a powerful tool for you to test and decide upon the most related marketsand to use them as a filter to eliminate some of the false trades. For Swiss Franc, the most related markets are Euro and British Pound. You do not need to wait for all relatedmarkets to show the same colors to enter a trade. However, if the trade is in the right direction, you should seethe confirmations from other markets soon. What if after entering the market, the market turns sideways? When you begin to see green bars, pay attention to the stop dots. System bars indicate a sideways market. There are two ways to react:. With some profit, or at least to break even: Then, begin to use longer time bars to help determine the market direction. Begin with one rule that best fits you and concentrate on your trading using only this rule. Build your confidence with it. Then add more onestep at a time. Once you master the rules that help you win, you can repeat them again and again. The key to success in day trading is to know when not to trade. BrainTrading System and all indicator packages have their unique ways to show you the choppy market. How to define a choppy market? If the bars change colors frequently within last bars, the price action has asmall range, and trend-stops are mixed above and below the small range of prices, this is considered to be achoppy market. In order to best identify important trend changes in a choppy market, try using longer timeframe bars. 7.0 example, if you normally use a 30 minute bar chart for daytrading, you should use a 1-hour or longer bar chart in a choppy market. At the end of a choppy market, suddenly you see the market breaking out of its static price range and hitting the stops of BrainTrend1Stop or BrainTrend2Stop. This shows the market is waking up. Go with the directionof the market breaking out. Place your protection stops according to BrainTrend1Stop or BrainTrend2Stoptrend-stops as soon as your order is filled. Don't trade when the bar colors are green. Sometimes, you have braintrading signals in agreement. But thebar color 7.0 green. Don't trade when there are conflicting stop signals BrainTrend1Stop and BrainTrend2Stop stopsignals above and below the highs and lows of the bars at the same time. Don't trade when large size bars are opposite to each other. Don't trade when the bar colors keep changing. The trading tips revealed here are system to enhance your winning probability. Any trading rules, however,have certain limitations based on which market you refer to, what kind of confirmations you are using, whattime frame is being used, and so on. You need to test the rules with your specific market before applying to realtrading. To apply BrainTrading System indicators with consideration of different market conditions is veryimportant. BrainTrading System is ideal for both daytrading and position trading. BrainTrading System help you to focuson the most essential information on markets. BrainTrading System indicators provide market directions,provide trend and stops, provide buy and sell signals. With BrainTrading System you now have immediateaccess to the river of information about the major trend changes, buy and sell signals, and stops for largenumber of market symbols. BrainTrading System is revolutionizing the very nature of trading. With BrainTrading System you have the power that even some professional traders would never imaginebefore. And break out the narrow range of the current 5 to 9 bars. And break out the narrow range of the current 4 to 6 bars. Get ready to tighten the stops after youhave seen green bars. Give more weight to the reappearance of the same color bar, e. The same is true for the blue bars. Give more weight to the fresh BrainTrend1Stop the first few dots or move to a higher value in a up trend ormove to a lower value in a down trend and give less weight to the late part of a long line of BrainTrend1Stop. Try to be aggressive in taking trades at the end of a long period of narrow range agreement at the end of a flat line is the best. Try to be very conservative in takingtrades after a significant market price movement. Try to be very aggressive in the morning and afternoon sessions when the volume is up. Try to be lessaggressive in the lunch hours, especially after a significant price movement. Normally, the trend is up if you see higher highs and higher lows and the trend is down if you see lower highsand lower lows. The volume can be used to qualify some potential trend development. Volume needs to be viewed for agroup of bars. Relatively large volume associated with a single bar may be misleading since the outcome could be uncertain. It will be ideal to see the breakouts with volume support and follow-through price actions. Don't be afraid of missing out since you always have more opportunities ahead of you. You need to find thebest time to enter. You need to control your emotion and plan a trade, then execute with discipline. Don't trade if you feel braintrading you are compelled to trade by the market price movement instead of yourintention plan. Stop trading cooling off if you are making several trades in a very short time frame. Don'ttrade if you don't see a clear volume association with the trend development. Forex Trading System Forex Indicator mt4 Trend Strategy BRAIN TRADING SYS 7. BrainTrend1Stop BrainTrend1StopLine Stops Figure 6. BrainTrend2Stop BrainTrend2StopLine Stops Many studies reveal that it is more difficult to know how to exit the market than to enter the market. Conflicting BrainTrend1Stop and BrainTrend2Stop signals The beauty of BrainTrading System stops is that the stops change along with the market. Priority groups of indicators of the BrainTrading System BrainTrend1, BrainTrend1Sig, BrainTrend1Stop, BrainTrend1StopLineBrainTrend2, BrainTrend2Sig, BrainTrend2Stop, BrainTrend2StopLineBrainTrend1, BrainTrend1Sig, BrainTrend1Stop, BrainTrend1StopLine, BrainTrend2Sig, BrainTrend2Stop, BrainTrend2StopLine are priority groups of indicators of the BrainTrading System. BrainTrend1, BrainTrend1Sig, BrainTrend1Stop, BrainTrend1StopLine2. BrainTrend2, BrainTrend2Sig, BrainTrend2Stop, BrainTrend2StopLine3. BrainTrend1, BrainTrend1Sig, BrainTrend1Stop, BrainTrend1StopLine, BrainTrend2Sig,BrainTrend2Stop, BrainTrend2StopLineFigure BrainTrend1, BrainTrend1Sig, BrainTrend1Stop, BrainTrend1StopLine, BrainTrend2Sig BrainTrend2Stop BrainTrend2StopLineEntry Rules Using BrainTrading System A. Trend-Stop TS Agreement Entry This method is good for day trading, short term and long term position trading. BrainTrend1Stop had formed on the chart. Specifically, enter a long buy position when: Confirmation Rules Using BrainTrading System Knowing how to hold a position is more difficult than entering a trade. There are four simple confirmations for positions which you are holding: Trend and Trend-Stop confirmation: Short term bar chart and long term bar chart confirmation: There are two ways to react: How to avoid choppy market The key to success in day trading is to know when not to trade. Here are some rules: But the bar color is green. Don't trade when large size bars are opposite to each other Figure Don't trade when the bar colors keep changing Trading Tips The trading tips revealed here are intended to enhance your winning probability. Break out the narrow range of the current 5 to 9 barsFigure Your browser does not support JavaScript. To view this page, enable JavaScript if it is disabled or upgrade your browser. Get Vendio Gallery - Now FREE!
Personal interactions were also highly important within the British Administration in Egypt and the Foreign Office in General.
The first character of a valid name must be alphabetic or the underscore.