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Read it first :
You will need: free MetaTrader Version 4.0 platform or TradeStation 8 platform or MultiCharts or Omega Research ProSuite 2000i. You can download free forex MetaTrader 4 platform directly from your own MetaTrader 4 Forex broker or from metaquotes.net website. You don't need to open real brokerage account with MetaTrader-enabled broker. You can work with any reliable broker and use BrainTrading for MetaTrader as trading analysis tool only. TradeStation 8 is available directly from TradeStation.com MultiCharts is available directly from http://www.tssupport.com/multicharts/. You can download Free Trial version here: http://tssupport.com/support/downloads/
for MetaTrader 4, TradeStation 8, Omega Research ProSuite 2000i
Our Intelligent Trading Software Essential Concepts of BrainTrading ® System BrainTrading Software 7.0 Documentation Short BrainTrading Indicators Description What do you get with this auction
BrainTrading System is the most accurate predictive methodology (indicator package) to buy bottoms, sell tops, determine trend and trend reversals. The BrainTrading System methodology can be applied to any market, any time frame, and is as timely and accurate on FOREX markets, Futures, Bonds, Equities and Commodities.
BrainTrading System Main Features:
WHAT DO YOU NEED TO GET STARTED?
TAKE THE TIME TO SEE HOW EASY OUR ANALYSIS IS TO USE AND HOW SIMPLE OUR TRADING PLAN IS AND THEN TAKE THE NEXT STEP TOWARDS YOUR TRADING GOALS BECOMING REALITY BY BIDDING TODAY!
Trend Following Trading & BrainTrading System:
There are four cardinal principles which should be part of every trading strategy. They are: 1) Trade with the trend 2) Cut losses short 3) Let profits run 4) Manage risk. BrainTrading System includes each of these requirements.
Unlike many other programs on the market which work only under certain market conditions, for example, some only work with bull markets, but not the bear markets; or vice versa; others only work for a while and then fail. BrainTrading System is a time proven winner by a variety of users worldwide. The main difference is that most trading software programs are designed as a result of arbitrary ideas . They are mainly designed to trade against the market move. BrainTrading System integrated the most advanced knowledge and the most brilliant concepts ever published. It reveals the most fundamental principle of market move, and is automatically updated with every time frame. Trade with the trend relates to the decision of how to initiate trades. It means you should always trade in the direction of recent price movement.
There are products on the market providing users with 10 to 30 indicators to choose from, those products can only make trading decisions more difficult. One of the greatest traders of modern times said: "There is really a lot less to trading than meets the eye." What he was referring to is the skill of not cluttering your mind by trying to pay attention to everything, but instead to focus on the essential. BrainTrading System has been designed to do this for you. BrainTrading System provides the two most essential elements that a trader really needs, trend direction and trading signals. BraindTrading System indicators reveals the market direction by color bars, suggest the optimal stop placement as well as the market direction by multicoloured dots, automatically pin-points the best buy or sell signals. The new BrainTrading System is designed to be focus, flexible, fast and friendly. It gives you an exponential rise in power and yet, you will find easy to learn and use.
BrainTrading System Provides the-State-of-the-Art Techniques
The amazing part of BrainTrading System is that it reveals the most fundamental principle of the market move, therefore, it works with any markets and with any time bar charts. It makes no difference whether the markets are bonds, stocks, commodities, currencies or any other freely traded markets. This tool makes all markets predictable and tradable. What is even more fascinating is that you can adjust the risk factor according to your personal preference. With BrainTrading System , the time frame for symbols can be set from ticks to weekly. When you glance at the colors on charts, you have BrainTrading System key information on every market updated to the last tick. It is just like having your own analysis experts working for you to the minute. Equipped with this most sophisticated technology, you can trade like a pro.
The Importance of Trend
What is Trend Following trading? A good definition from Van Tharp: Let's break down the term Trend Following into its components. The first part is "trend". Every trader needs a trend to make money. If you think about it, no matter what the technique, if there is not a trend after you buy, then you will not be able to sell at higher prices..."Following" is the next part of the term. We use this word because trend followers always wait for the trend to shift first, then "follow" it.
Trend Following is reactive and systematic by nature. Trend Following does not forecast or predict markets or price levels. Prediction is impossible! Trend Following demands that you have strong self-discipline to follow precise rules. It involves a risk management system that uses current market price, equity level in an account and current market volatility. Trend Followers use an initial risk rule that determines your position size at the time of entry. This means you know exactly how much to buy or sell based on how much money you have. Changes in price may lead to a gradual reduction or increase of your initial trade. On the other hand, adverse price movements may lead to an exit for your entire trade. Historically, Trend Following trader's average profit per trade is significantly higher than the average loss per trade. Trend Following is not a Holy Grail . It is not some passing fad or hyped-up secret black box either. Beyond the mere rules, the human element is core to the strategy. It takes discipline and emotional control to stick with Trend Following through the inevitable market ups and downs. Keep in mind though, Trend Followers expect ups and downs. They are planned for in advance.
Trend refers to the general direction in which the market tends to move. If we know the general direction that the market is heading, we can achieve a profit by simply riding on the natural course of the market. BrainTrading System is a program that determines the highest probable market direction coupled with optimal stops, both of which are defined by the market's own prices. The primary purpose of BrainTrading System is to define a trend objectively , so traders can follow the trade with profit. Trend-following methods work because they act on the actual market direction, rather than act on the assumptions associated with news. There are many trading theories, methods, indicators and systems which are designed as a result of arbitrary ideas . Rather than following the market trend, many trading ideas and formulas, such as oscillators, cycles, turning points, Elliott wave, and RSI are specifically designed to trade against the market . Our philosophy is based on a different concept. We trade with the market.
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1. BrainTrading Software For TradeStation Platform User's Manual download TradeManual.pdf
2. BrainTrading Software and MetaTrader Platform Installation Guide download Installation.pdf
(MetaTrader 4 installation guide is practically the same as MetaTrader 3 installation. If you have problems, installing MetaTrader 4, go to MetaQuotes.net website to receive installation instructions and to download latest MetaTrader 4 build)
3. BrainTrading Software For MetaTrader User's Manual download Manual.pdf
(BrainTrading Software For MetaTrader User's Manual is the same for MetaTrader 3.xx and for MetaTrader 4.xx)
4. MetaTrader Platform User Guide download MTUserGuide.pdf
(You can find MetaTrader 4 User Guides on official MetaQuotes.net website)
* Please download full User's Manual above to see how to use BrainTrading System.
BrainTrading System indicator package includes four main independently calculated indicators: BrainTrend1 , BrainTrend1Stop, BrainTrend2, BrainTrend2Stop and four auxiliary indicators used for pictorial presentation of main indicators: BrainTrend1Sig , BrainTrend1StopLine, BrainTrend2Sig, BrainTrend2StopLine.
BrainTrend1 and BrainTrend2 are market direction indicator . 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 market changes to or stays in a downtrend, the bars become or remain RED. When the market goes sideways or is not strong on either side, the bars become or remain green . BrainTrend1 and BrainTrend2 indicators can work with any time bar charts.
BrainTrend1Sig and BrainTrend2Sig are semi-system indicators, which integrates the time-proven BrainTrading 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 the big cyan dot is the initial stop for the position. BrainTrend1Sig will provide a sell signal with a big Magenta dot 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 the big Blue dot is the initial stop for the position. BrainTrend2Sig will provide a sell signal with a big Red dot when 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 multicolored dots. For distinguishing purposes, BrainTrend1Stop uses Cyan and Magenta dots, and BrainTrend2Stop uses Blue and Red dots. IMPORTANT! BrainTrend1StopLine and BrainTrend2StopLine are the same as BrainTrend1Stop and BrainTrend2Stop but in form of Line for pictorial presentation of BrainTrend1Stop and BrainTrend2Stop indicators. You may use these indicators or not. Both BrainTrend1Stop and BrainTrend2Stop must identify a trend first then begin to paint the dots. This is why you may not see any dots sometimes. Cyan or Blue Dots below the lows of the bars indicate two things: (1) the market is in an up-trend; (2) the values of the Cyan or Blue Dots are the protection stops or the profit target stops (if the position had profit) for the short position. The values of the Magenta or Red points can be seen in the Data Window after moving your mouse pointer to this indicator point
Important Disclaimer: Forex, Futures, Options and Securities trading has risk of loss and may not be suitable for all persons. No system can guarantee profits or freedom from loss. Past results are not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In any case, neither BrainTrading Solutions, nor any of its partners will be responsible or liable for ANY SPECIAL, INCIDENTAL, CONSEQUENTIAL, INDIRECT OR ANY OTHER LOSSES caused by using of BrainTrading system. |
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