XBrat Algo

2 oct. 2020

Xbrat Algo

Think of an Experienced Traders’ Brain as a blueprint for a trading algorithm. Then the desire to keep charts as clutter free as possible. What you get is a blueprint of Paul Bratby’s thought process but even he admits, he is getting too old to focus on all of these at once!

By aligning various ‘Decision Points’ from multiple indicators such as a configuration of EMA’s, EMA Clouds, Stochastics, MACDs as well as a number of other indicators. Add this to experienced decision making, we have the basis of our Algo.

It’s not just indicators, it’s how they are combined and the settings of each individual indicator, which are not default, that makes up 12 Decision points for grading a trade.

• Minimum of 10 Decision Points before Paul considers grading the trade a 3* trade
• Then another special Decision Point will make it a 4* trade
• Another for 5* trade
• And Finally, a total of 12 Decision Points being correct before he grades a trade 6* trade

3 oct. 2020

Notes de version

This New Version of XBrat Algo prints the signal on the close of the candle rather than whilst candle is still active. This allows for better Alerts using the TradingView Alert System.

Think of an Experienced Traders’ Brain as a blueprint for a trading algorithm. Then the desire to keep charts as clutter free as possible. What you get is a blueprint of Paul Bratby’s thought process but even he admits, he is getting too old to focus on all of these at once!

By aligning various ‘Decision Points’ from multiple indicators such as a configuration of EMA’s, EMA Clouds, Stochastics, MACDs as well as a number of other indicators. Add this to experienced decision making, we have the basis of our Algo.

It’s not just indicators, it’s how they are combined and the settings of each individual indicator, which are not default, that makes up 12 Decision points for grading a trade.

• Minimum of 10 Decision Points before Paul considers grading the trade a 3* trade
• Then another special Decision Point will make it a 4* trade
• Another for 5* trade
• And Finally, a total of 12 Decision Points being correct before he grades a trade 6* trade

5 mars

Notes de version

Update to TV Version 6 and adding the ability to de-select or select which types of signals produced. For example only show 5* and 6* signals