Still Basketting

It seems the trend is reversing on the H4 to sell and daily chart looks like its heading for a pullback.

Anybody on the same view?

this week im going to try with a simple BB indicator in the 1 hour chart.

good luck!



P.D: where is the boss??

The threads really quiet! Did the ranging last week scare everyone off?!?! Any way I've been playing still with a couple of other settings on my VPS and was able to get T101 to take a bigger profit than the $50 it was stopping at last week. Still no idea what setting I had wrong.

I've actually got the standard T101 setup running on the H1 but I've also got a second H1 chart running HAS settings of 2,4,2,4. It's been taking little wins of over 100 pips the last couple of days with potential for much higher with wider trailing stops. I'm thinking of using T101 to open but only to close on a HAS colour change. The regular BE, stops and closes I'm going to manage through MPBM where I can run jumping stops.

Good luck for the rest of the week guys.

Hello

May be somebody has core5 buy and sell scripts, but without any suffixes in the code?
I tried to remove them from the existing ones in metaeditor, but without any success.
Thank you in advance!

Zip

Hi Friends

This is my first post after having read the whole thread for the past several days as well as trading this method manually. I never became a member of any forum and participated on forex discussions. FF is my first forum membership I signed. I am a manual trend trader in 4 hr chart for the past two years. I have also dealt with EAs extensively. Trend trading in higher time frames is relatively easy and less stressful. Using a simple indicator I have developed an EA and was testing on individual pairs. I found the profits of big moves are eaten away by too many small losses. Then I applied the method in multiple pairs with fair success. However I was incurring losses some times. I have been searching for a thread on multiple pair trading system to know how others trading multiple pairs. It is a chance I have stumbled up on this thread. I was thrilled on this idea of BTS after reading first few pages. I downloaded all the files and set up the offline chart and started trading manually on the first day itself. It is unbelievable to see all the pairs are moving in the direction of the trade after the orders are placed. I could not resist reading the thread completely looking for the pitfall in the system. Except the big move by JPY I find the system is working successfully. I appreciate and thankful to T101 and Mr.Ko for having this method made available to all.

Coming to the technical side of this method I observed that the offline chart is more or less similar on any pair you chose. The offline chart is of all pairs put together. So, presently JPY is week and the effect can be seen on the offline chart trending up because of JPY pairs. I would like to see when the market is choppy in all pairs. That is very rare.

Although I am a trend trader, I do place orders on retracements in a lower time frame to cash in on the small profits. So there is no rigidity in choosing the time frame as long as you are familiar with the price actions. As regard to EAs, they are good for ease of trading stress free. But nothing can give pleasure in trading manually. The EAs given here are very good ones. They can be used to enter the market. For exit one has to follow the price action. I believe every successful trader must have been watching the price actions for several months and years. Trading on price action comes only on experience and no one can teach.

These are just my thoughts just wanted to share. Please do not comment on any of the above to avoid unnecessary posts. If you like them its ok. If not just leave it. Also I will not be replying to any one as well. I will be busy focusing on trading the method extensively.

I thank all those senior most traders who have been contributing here. Wish you all success. May God Bless you all with Joy, Happiness and Prosperity.

Fx-Optimu$
"Trading is not all about making money, it is also about conquering the market, other market participants and most importantly yourself"

I am still trading it through the chops using a faster HAS similar to yours, testing different breakeven/lock settings.

Yeah I've picked up 390 pips in the last 2 days trading with the the faster HAS settings. It would be great to come up with a sliding scale for HAS settings .eg lower settings for ranging and higher setting for trending.

Hello all,
could someone explain to me how can I use pending order limit or stop working on offline chart?

thanx.

Hi M@2T,

When the T101 EA is running on the offline chart down in the bottom right corner are four text "buttons" - B.Stop, B.Limit, S.Stop, S.Limit. If you double click the pending order tex "button" that you want it will highlight the text. Drag this text and let it go and you will get a prompt asking if you want to open a pending order of that type. When you say yes a pending order line will pop up on your chart. Double click and drag this to the price level that you want it set at.

Cheers,

Dud

Thanx alot Dud45, got it !

waiting....

I was taking a different interpretation.

But I have a history of being wrong

And, yes, "where's the boss?"

He's been MIA for a while now.

The boss along with all the other seniors are probably just
watching all the new inmates run a muck in the asylum.....

It's been pretty flat the last week or so. Still sticking to the original rules of entries and exits and the H1 has change. I've been stopped out quite a bit, but the market will start trending soon enough and will make up for the relatively small loses.

It's JPY trending that you want. And I'm not sure it's going to keep trending forever.

Hi All,

Sorry I ve been away for so long I lost my aunt and I had to go and pay her the last respect. though its not a sad case cause she has been around for awhile and have seen some times but loved ones, no matter how long they have been around are still loved ones.

back to Abuja now and back to trading.

kos

checked the charts and saw that the past two weeks have been hellish for basket traders I mean H1 HAS 2.15.2.15 traders.

before I left I set the EA on vps and then enabled the useH4_AsFilter = true this is to take only the trades on 2.15.2.15 HAS that correspond with 2.75.2.75 HAS since I would not be there to supervise the counterTrend trades.

It traded it as instructed and am happy about that, though it banked two losses, but I don't think I would have done it better myself. The market is in a very hard-to-trade mode now for basket, except those who had the wisdom of dropping to lower time frames who would be able to scoop some pips here and there.

That decision saved my head, I imagined if I had left it to trade both sides of H1 HAS, it would have been very disastrous.


N.B. tried loading the attachments but could not, its like FF site has some issues


kos

from what is brewing in H4 now its like that strength of bouncing up each time it contacts the H4 HAS has diminished.

H4 looks very attractive from the way it moves, you will have not plenty but peaceful pips, check it out from January 24th the H4 guy will just place his one basket buy and today is February 14th, 3 good weeks one basket and 1500 cool pips.

could not post the picture


kos

I will be keeping an eye on trading H1 in the direction of H4, it would be less trades but I can't say if there will be more pips.

Check H1 against the H4 up trend that started since November 2012 till now, I would want to here your opinions on this, that was what we were trying to achieve with an EA in the old thread, but somehow God has enabled me to code it in as a switch and it works flawlessly.


kos