Range Bar Basket System

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MERRY CHRISTMAS to all of you friends.
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futurespec .... its me again " broken english "

sorry to be a pain i am tring using the indicator v3 & the ea as well ...

thanks for that coding !

BUT please can you help me i dont understand why i dont get the horizontal lines (red & blue) on the H & L of the big candles ....

i am tring to make it work on 1 currency only first normal chart.....

please kindly see the pic of my demo screen here under

thanks for the help...

the indi was not designed for metals.
Check the objects list on the chart and see what level m.HozBS..... are set at.
PM the answer to me and I may take a look but unlikely as I am not going to continually update for every whim & fancy, sorry.
It was originally intended for my use only.

M.

EDIT: Cannot see from you pic but check what values are in top left of screen ...I imagine that they are possibly 2900 or of that order.... you need to set the chart scale to match that. HTH (I do not have silver on my platform)

Hi all:

I wish you a Merry Christmas with your loved ones and especially to all the mates who have participated or followed this thread so far.
Thanks all.
On Wednesday return with renewed vigor to continue playing this wonderful game.
Best wishes from Madrid, Spain.

Thanks Jaque,

And of course the same to you and all your family & friends.

Don't drink or eat too much (well perhaps a little bit) :-)

M.

Merry Christmas and A Successful Pip filled year to all , Jaque, futurespec, special wishes for ya two, have a wonderful time

Merry Christmas to all the participants in this thread and I wish for a great vacation time.

I'd like to make some comments regarding the EA provided by futurespec, which might worth be fixed (if possible!!)

First to mention that the EA is really a pro tool.

of very little importance
a. Be very careful when dropping the EA to a chart, especially when the current candle is beyond the trigger line because it opens the basket on the spot. Maybe the trigger could be set some hundreds pips away and adjusted manually.
b.When the chart is closed and reopened (by mistake or somehow anyway) the EA continues to track the trades, but it does not, if it is removed and re-added even with the magic numbers set correctly.
c. Stop loss line missing

d. I think this one is very important and if could be fixed, it would save a serious amount of pips. As seen in T101 offline trader by john wustrack, when the trigger is hit, the order turns from limit to stop, so the basket opens when the market retraces (hopefully) to the original trend and of course will probably not open (great probability in a big dump) if the market go against, saving a possible loss.

as002

a. That should not happen?? When attached to chart the entry lines are not active UNTIL the triangle is moved.
b. Just tried that and worked ok for me??
c. Did not want a stop loss line

As originally explained it was just an aid to place the basket of trades at the opposite end of the Rb and then set the exit at the other end of the Rb.
It is not, and was not intended to be, foolproof. The entry/exit lines are moveable for manual intervention.

d. Not familiar with T101, sorry, and not sure what you are asking for. (the idea is to enter at the opposite end of the Rb, nothing else)

M.

GM All:
Return from short holidays this week i will looking for longs at 1h chart.
At Daily chart i can see how price breakout bearish trend line drawed and closed above it. For me now we are in an UP trend again.
At 4h chart i see bars above ichimoku confirming bullish trend.
Regards-

At 1h chart attached i marked with arrows two yesterdays possible longs entries at RBL.
These are false touches. Price never touch RBL and i dont take this entries.
Most times i take an entry when i see price touch line and commonly wick exceed line.
Although most important is buy at RBL zone is better to wait price touch really line.
When we are talking about a 500 pips RB we are looking for 500 pips target1 and 30 pips slippagge is not important.
But when you are taking a 150 pips RB you must think that 30 pips slippagge is important cause is a high loss % and if you add another 30-40 pips of spread then you are reducing at 40% your profit posibilities.
If you take todays entry congratulations you are reached target1.
I dont take this entry.
Today i only keep ba2 position at +2300 pips.
Regards.

Ok. A new RB is formed.
Im looking for longs at RBL but if you see at 4h chart is possible that current 4h bar becomes a new RB and price retest low around 110.
I prefer buy to 110 zone at EMA and Ichimoku confluence. Target1 +300 pips.
Regards.

good morning to all of you.
the D1 is strong, but it probably will not cross the previous 4H high at once.
a buy at the 110 - 110.5 seems secure enough.
even if it goes south it will most probably make a bounce and get out with out loss.

Well. I opened buy bi1-2 position at white line around 111.75 at EMA confluence.
Target1: +400 pips.
Regards.

Ok. I closed bi1-2 position at BE at retest RBL.
I will looking for longs at new RBL. Target1: +600.
I remember all. One of most important things is to probe and minimize loss when price go against you cause more early or late you trade will go with you so far and it pay you for all previous fails probes.
Regards.

Well. A new attemp. Buy at RBL at confluence with 4h RBL. Position bj1-2. Target1: +600.
Regards.

Jaquemate, at what price did you enter?

I had a pending buy at 109.72 but it did not trigger, although the 1H 18:00 and 4H 16:00 (orange candle) seems to have gone further down.

The 1M charts which seems to be the most accurate chart fot the 14 basket did, a low at 109.95 as shown at the chart.

Maybe the orders should be placed 30-40 pips away from the RB bands?

Hi as002. I enter around 109.90 at 5m chart that you will see. Efectly most times price dont touch RBB and i wait for price touch and wicks excedeed bands. In this case in my chart price touched RBL. Your 1m chart is the same that mine. Im now +380 pips. I talked about this at several previous post.
Regards.

GM All:
Today i will looking for longs at new RBL. Target1: +380.
This morning i closed position bj1 at Target1: +700.
as002: You taked this trade finally?.
Still open positions:
ba2: +2750
bj2: +650
Regards.

Ok. I enter position bk1-2 at 113.70. Target1: +400.
Regards.

Ok. Price go against me -100 pips now. If current down bar closed below previous RB and below Ichimoku forming a new RB i will do the next:

1) Wait for Close position bk1-2 at BE.
2) Diversificate selling at new RBH position sa1-2.

Still open position ba2.

Regards.

Now ba2 position is at +2350 pips.
At past this position reached +2500 pips and then go down untill 1600. Again MFE reached +2850 pips.
For me to close a trade at profit below 50% of MFE is a deficient management of trade.
I search reached at least 65% of MFE.
If i cant diversificate and price will continue down forming a new Down RB i will close this position around +2300 pips.
This amount is 80% of MFE (2850). For me is enought. This could be a good moment to close this trade if i cant diversificate.
Regards.