Link to the Bell Trader Page: bestforexrobots.reviews/TheBellTrader Please read the description of the video for more videos about automated Bell trading CHAPTERS IN THIS VIDEO 00:00 Introduction 00:47 Works on any trading instrument 01:08 Standard Deviation Channels 02:04 Finding the SAFE range to trade 04:00 Trading between Standard deviation lines 06:33 2 Standard Deviation Channel strategies 06:52 The probability BELL 07:53 The Trading method 10:41 Stacking the odds in your favour 12:48 More information to trade safely 16:31 Close 80% Off bundle: bestforexrobots.reviews/New4EABundle Linking Service: bestforexrobots.reviews/LinkingAccs Free Lucy Trader: bestforexrobots.reviews/LuckyTrader Free Trend Analyser tool: bestforexrobots.reviews/trend-analyser
Hello Alex. I have searched on several MT4 platforms for a standard deviation that is the same as yours in the video. I'm not able to find one that applies to the charts. Please can you provide a link or place to locate this EA. Thank you very much for your help. Cheers Goldrush
Fear and uncertainty create major wealth. It's those who take the risk and have strong gut to endure the bloody days. When i notice extreme dips i tend to actually move more money to crypto.
I have to agree with most of the comments on the video. It’s a great new idea since I’ve been mostly using their fixed gaps or ATR gaps which worked better for me. Add a Standard deviation parameters to your gap type selection would be instrumental especially for the PR bots that you have. It’ll make them safer, yet very flexible for multi-pair trading since each pair will be traded on its own SD metrics. Keep these ideas flowing. It can lead to one day making the hedge EA profitable and long term safer for set it and forget it kinda users.
I don't understand how we can work with a pending order if there is a repaint. Maybe a little ok but it's still there! Different between this indicator and Bollinger?
Hi ALex, couple of questions, 1) Sometimes an instrument trends through a trend channel - are their any indicators that show Std Dev along that channel and not horizontally, 2) Do you make more using the central line as the baseline for the first trade or trading back into the centre from the far edge (ie support resistance) - where there are higher probabilities that it will retrace back to the centre, the price variation to the centre will be larger and spread wont affect the system as much as there wont be as many trades
These are calcualted support and resistance - not actual support and resistance. The centre line provides a target for the 1st deviation trade after that the centre line can change but the target will remain
Hello Alex, I have looked at this approach for a long time and wondered how best to trade it. You seem to have cracked the problem very nicely. However, in steeply trending markets where price can stay above or below the middle line for a long time there could be losing runs but they could possibly be mitigated by adding trend following trades to your mean reversion trades at SD 1 and even SD 2.
Sounds excellent Alex. Looking forward to future videos about it. Thanks for all the effort you put into these videos to help us with our aspirations to succeed.
sir i applied standard deviation, but no non horizontal lines showing on chart, only at the bottom of the chart I can see standard deviation which is showing its 20 so how to apply on the chart, thx
Very interesting, Alex. Tried the std dev channels on the charts and the strategy looks very promising. Most definitely a candidate for automation. Looking forward to your next videos on refining the strategy. Thanks.
Dear Mr. Alex, The video was fantastic. I tried in Gold and Bitcoin. Worked well. Thanks a lot. Do you have the standard Deviation channel EA already done? Do you have the indicator already done? If for sale, what is the price? Waiting to know more about more videos on the same subject. Sincere Regards and Thanks. JK
Link to the Bell Trader Page: bestforexrobots.reviews/TheBellTrader
Please read the description of the video for more videos about automated Bell trading
CHAPTERS IN THIS VIDEO
00:00 Introduction
00:47 Works on any trading instrument
01:08 Standard Deviation Channels
02:04 Finding the SAFE range to trade
04:00 Trading between Standard deviation lines
06:33 2 Standard Deviation Channel strategies
06:52 The probability BELL
07:53 The Trading method
10:41 Stacking the odds in your favour
12:48 More information to trade safely
16:31 Close
80% Off bundle: bestforexrobots.reviews/New4EABundle
Linking Service: bestforexrobots.reviews/LinkingAccs
Free Lucy Trader: bestforexrobots.reviews/LuckyTrader
Free Trend Analyser tool: bestforexrobots.reviews/trend-analyser
Hello Alex. I have searched on several MT4 platforms for a standard deviation that is the same as yours in the video. I'm not able to find one that applies to the charts. Please can you provide a link or place to locate this EA. Thank you very much for your help. Cheers
Goldrush
Fear and uncertainty create major wealth. It's those who take the risk and have strong gut to endure the bloody days. When i notice extreme dips i tend to actually move more money to crypto.
Good approach
I have to agree with most of the comments on the video. It’s a great new idea since I’ve been mostly using their fixed gaps or ATR gaps which worked better for me. Add a Standard deviation parameters to your gap type selection would be instrumental especially for the PR bots that you have. It’ll make them safer, yet very flexible for multi-pair trading since each pair will be traded on its own SD metrics.
Keep these ideas flowing. It can lead to one day making the hedge EA profitable and long term safer for set it and forget it kinda users.
Thanks for your comment
I don't understand how we can work with a pending order if there is a repaint. Maybe a little ok but it's still there! Different between this indicator and Bollinger?
Your entries are alays based on the current situation - not on some future one. Trades are not impacted by repainting
Hi ALex, couple of questions, 1) Sometimes an instrument trends through a trend channel - are their any indicators that show Std Dev along that channel and not horizontally, 2) Do you make more using the central line as the baseline for the first trade or trading back into the centre from the far edge (ie support resistance) - where there are higher probabilities that it will retrace back to the centre, the price variation to the centre will be larger and spread wont affect the system as much as there wont be as many trades
These are calcualted support and resistance - not actual support and resistance. The centre line provides a target for the 1st deviation trade after that the centre line can change but the target will remain
Hello Alex, I have looked at this approach for a long time and wondered how best to trade it. You seem to have cracked the problem very nicely. However, in steeply trending markets where price can stay above or below the middle line for a long time there could be losing runs but they could possibly be mitigated by adding trend following trades to your mean reversion trades at SD 1 and even SD 2.
It depends of the period you use for your channels - the longer to more reliable and sure to stay within 3 deviations.
I'd like to try this approach with vwap as the center line and std dev from the vwap?
Give it a go and let me know what results you experience
Sounds excellent Alex. Looking forward to future videos about it. Thanks for all the effort you put into these videos to help us with our aspirations to succeed.
Much appreciated!
sir i applied standard deviation, but no non horizontal lines showing on chart, only at the bottom of the chart I can see standard deviation which is showing its 20 so how to apply on the chart, thx
Please watch this video: th-cam.com/video/aQROi89g4Ck/w-d-xo.html
What am I missing the Std Dev from the the insert channels section is a static channel and won't work as you suggest?
When automated it is a dynamic channel that updates with each new candle
Great video Alex! It really got my thinking cap on. Looking forward to your future videos on this topic 🙂
Glad to hear it!
What happens when deviation line changes direction?
The same trading rules and logic applies. All indicators are dynamic. The longer term settings produce less volatile changes
Very interesting, Alex. Tried the std dev channels on the charts and the strategy looks very promising. Most definitely a candidate for automation. Looking forward to your next videos on refining the strategy. Thanks.
Thanks for sharing!
Any updates ?
Very cool video
Glad you enjoyed it
Cool! is this Standard Deviation Strategy similar to Bollinger-Bands in some ways?
They are quite different
Dear Mr. Alex, The video was fantastic. I tried in Gold and Bitcoin. Worked well. Thanks a lot. Do you have the standard Deviation channel EA already done? Do you have the indicator already done? If for sale, what is the price? Waiting to know more about more videos on the same subject. Sincere Regards and Thanks. JK
Thanks for testing - please watch future videos and emails for more information
@@Expert4x Which time Frame is good or this strategy?
Any updates? Does it still work for you?
its like channel trading, which Middle-line EA is this then?
Middle line EA? - Our EA use that concept - would you like us to create a middle- line robot
@@Expert4x yes, EMA 40 or 230 are best for this concept ;-)
Good video Alex.Can you cover how to minimise repaint of standard deviation in your next video.
Sure thing!
Great video Alex, thanks for sharing.
Can I ask you what would be the best timeframes for this indicator?
I like using a year - so daily or 4hr should be good
How i can get this indicator please
when will you release updates to hedge EA? I had to stop the robot due to many blown accounts in the recent trending market
ouch
Already avaiable with new defaults and currencies
very interesting.
Glad you think so!
🤔🤔 very simple logic
Like lucky trader EA after all
Yes it has some of those principles