Simple view of the XBrat Algo Trading strategy using a 6* BUY signal on Gold Futures. This Algorithm for the TradingView Platform keeps the chart clean whilst grading and printing trading signals using over 12 decision points that a professional trader uses every day.
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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 see below is a blueprint of Paul Bratby’s thought process but even he admits, he is getting too old to focus on all of these!
• 9 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
So, to make his most successful trading strategy easier for him to use and then in turn for traders of all levels to use. He sat down with his developer to talk through his thought process, what he measures, how he grades the trades with different indicators and then asked the question.