Project Freedom (10): Trading with the BBC Breadth Indicator

Deleted on 2016-04-11.


Alex Koh said...


I have a qns,how do i get the market breadth indicator in amibroker? I am not a programmer hence I tried to use the breadth trust(default indicator in amibroker) which should work in a similar way to market breadth however it appears as a empty window.

2nd qns,you put the BBC market breadth of STI(30 stocks) is it possible to add more stocks in to provide a clearer picture of the actual sentiment of the market?

KH Tang said...

Good day, Alex

1) IF you are serious about how to do it, I would strongly suggest you join the Amibroker Yahoo groups, as it is a user friendly group and many helpful people there. You may also find some 3rd parties software to help yo do exactly what you want to do.

2) "Whatever the mind can conceive and believe, the mind can achieve." Well, this is the famous quote from Napoleon Hill, and it applys here.

Bless You
KH Tang

Forex Winners said...

Thanks !

Anonymous said...

Hi KH,

It's good to come across someone who uses market breadth for trading :)

How is your back-testing results for this trend following system?

Can you share a bit on your risk management and position sizing techniques for this system to manage maximum drawdown? (This is especially important for people like us who trade trends, and not too focus on high accuracy rates etc)

Do you have an email where I can ask you further?



KH Tang said...

Good day, cimtr

Although tis market breadth indicator, when combining the momentum(Osciallator) and Trend, it profitable in trading indice/ETFs. It does not give the overall picture in terms of Price Relative Strength for Rotational Trading.

So, it is recommended for very conservative trading/investing only.

And, I use them as the first step for broad market analysis as Top Down Trading Approach.

I, so far, never release any number or good reason, and would not do so in the blog.

Bless You
KH Tang

Anonymous said...

Q: Which platform to use with this software?
A: You can use any trading platform! Yes, you can use MetaTrader 4, MetaTrader 5,

TradeStation, NinjaTrader... because the software runs on dedicated computers and

you only need a web browser to get the instant result online.

Q: How many currency pairs does Forex Trendy scan?
A: It scans 34 Forex pairs on 9 time frames from 1-minute to monthly. Together 34

pairs x 9 time frames = 306 charts.

Q: What method is used to determine the trend?
A: The trend reliability is determined by the "Trend Drawdown" - a method that uses

no indicators, but pure price action. This method is explained in the ebook you

will get in the subscription.

Q: Which configuration do I need?
A: Use the latest version of any major web browser (Internet Explorer, Firefox,

Chrome, Safari, Opera...)

Q: Does it work on mobile devices?
A: Yes, it has been tested on several mobile devices and browsers.

Try it now:


"I really like your idea of taking only the best trending pair and even time frame.

I am very impressed with such a simple and effective approach. I am not a tech guy

and I am amazed how it works online without anything to install... I just log in

two times a day and check for any interesting pairs."

Stephen Ross, NY

"I use this software every day together with my own system and two EAs. I execute

trades only when trend drawdown is below 15% so I decreased the trade frequency,

but I got two times better results. I am also interested in pattern recognition, I

haven't tried it yet, but it looks amazing!"

Julien Labonne, Florida, USA

"I would highly recommend this service to anyone serious about forex trading.

Another one that gives back much more than he receives. The real value for such a

low price is rare in the forex industry."

Sebastian, Germany


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