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Commercial Member
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Joined Nov 2013
|4,947 Posts
Only sell basket today, locked at Asia+2.
12 pairs, size 0.01 so margin needed ~$24
On a $200 account that works.
Opened the chart at LO-1 and set the BO line somewhat below the current price. 15 minutes work.
Basket broke the line, trades opened.
Set a reasonable StopLoss but most of the time that is not needed not needed.
Set a TakeProfit just above the TP1 line
Another 5 minutes work.
When the price almost reached the TP i moved the TP line to TP2 and started a TrailingStop from around breakeven.
So basically you can not loose anymore.
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Commercial Member
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Joined Nov 2013
|4,947 Posts
Look at the selected basket (i see i set my freeze time wrong but will contunue).
Only sell basket interesting, no buy basket (i do not trade basket with less than 4 or 5 pairs).
So i will UNLOCK BSM if i am done with this selection and lock it again 1 hour before London open.
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Commercial Member
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Joined Nov 2013
|4,947 Posts
There are some negatively correlated pairs in the basket so we are going to do a chart preview.
Normally i just de-select pairs that have more than 3 negative correlations.
The sell basket only has medium sell so i click on the [p] button next to the [Medium] button to go to the BSM chart-part.
More than 8 pairs in the basket, use the [navigate] button.
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Commercial Member
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Joined Nov 2013
|4,947 Posts
After examining the charts i click on the [CLOSE] button to close the charts and go back to the BSM dash.
Let say i didn't like the EURUSD and the EURJPY chart or there is EUR new coming really soon.
By clicking on the green tick behind those pairs (turning into a red cross) i remove them from the basket.
Now click on the [MEDIUM] button to generate the basket file in this case SM3-08
SM = sell medium
3 = Day of week (Wednesday)
08 = Numbers of pairs in basket (10 - 2)
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Commercial Member
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Joined Nov 2013
|4,947 Posts
Because i do not have a buy basket i will try to generate one at LO-1 so click on the red [Locked] button and edit the date/time field so it is set at one hour before London open.
It will turn green to show the lock is set.
If you really want to start over click the [RESET] button before you set the new lock. It will not affect the running basket writers.
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Commercial Member
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Joined Nov 2013
|4,947 Posts
Now load the #bobofibo template on the chart.
Make sure you STOP THE BT_14_v27 EA using the [Stop Robot] before opening the expert settings and set the magic number and the trade comment.
The trade comment should be sett exactly the same as the offline chart name in order for BTM to find it.
Click [OK] to start the EA again.
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Commercial Member
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Joined Nov 2013
|4,947 Posts
To be honest i would not trade this basket but i would try to generate new ones at London -1 or even London +1 because the TP1 line is already reached.
But i will try a basket breakout.
So i click on BO to generate the breakout lines, drag them to the point i want them (watch pivots, S&R, Fibo etc) and Click on [start Trading].
I will set the SL, TP and Trailing later afte the break occured (sound signal and message popup).
For detailed info about BT-14 i will post some video's later on.
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Commercial Member
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Joined Nov 2013
|4,947 Posts
No minimalize the offline chart [-] and make always sure you keep the BSM dashboard running (doesn't have to be open) because that is where the basketwriter is running on and of course the offline chart because that is were the EA is running on.
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Commercial Member
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Joined Nov 2013
|4,947 Posts
You can open the offline charts in BDM (max 4) by typing "offline" in the user selection field.
You can also use the [DASH] / [CHARTS] & [CLOSE] button in BDM because BDM know's it is an offline chart and it will not really close them because of the EA running.
The extra indicator you see is the Basket MTFv1.04
You can move this indicator by double clicking on the top-left corner of the outer gray box and drag it anywhere on the chart.
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Commercial Member
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Joined Nov 2013
|4,947 Posts
If you do not like tge bobokus fibo indicator you can remove it and instead use the Fibov1.06 which is also movable and yiu can set touch and break alarms on all the Fibo lines.
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Commercial Member
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Joined Nov 2013
|4,947 Posts
As you can see from post #89 almost all pairs are at the bottom of the SHI-Channel so their could be a bounce or a basket reversal.
If you do not want to trade that just delete the upper (purple) breakout line and you will not trade this basket to the upside.
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Commercial Member
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Joined Nov 2013
|4,947 Posts
Now open a new chart (symbol doesn't matter) and load BTMv1.06 on it.
It will show the status of your basket(s) and you can manage them from here.
If you open more offline charts it will show them here automatically if you have used the correct trade comment in the BT_14 EA !!.
You have to manage this chart yourself because it is not yet part of the BDM system (but it will be in the next version).