DislikedHi smkyc, what TF do you use when determining the pair to split? RegardsIgnored
Pull up AUDUSD - USDCAD side by side and study start from weekly.
Trading is Methodical - Markets are Emotional
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DislikedHi smkyc, what TF do you use when determining the pair to split? RegardsIgnored
DislikedHi Seller, I've been building baskets and studying their PA. One question, do I need multiple MT4s or multiple blank charts in order to keep the the various baskets up to date? Example, I built a AUD and JPY basket. Do I need to build them separately on 2 MT4s? Or can I just use 1 blank chart with 1 indi running and both baskets will auto update? Thank you.Ignored
Disliked{quote} Here is what I do. This is all on the same MT4 platform 1) Open a M15 chart of an active pair that gets plenty of ticks 2) Open the properties of this chart and set all colors to none to get a blank chart 3) Attach Basket Writer to this chart 4) Create basket #1 5) Clear the buttons 6) Create more baskets if needed 7) When done, you can either just stop the robot or remove it for now to save on the cpu. If you remove it you can just add it back to this chart when you want to create another basket. When done on this blank chart look at the...Ignored
Disliked{quote} Here is what I do. This is all on the same MT4 platform 1) Open a M15 chart of an active pair that gets plenty of ticks 2) Open the properties of this chart and set all colors to none to get a blank chart 3) Attach Basket Writer to this chart 4) Create basket #1 5) Clear the buttons 6) Create more baskets if needed 7) When done, you can either just stop the robot or remove it for now to save on the cpu. If you remove it you can just add it back to this chart when you want to create another basket. When done on this blank chart look at the...Ignored
Disliked{quote} Hi Seller, In order to create second basket, which we have not named, should we remove the EA and reattach it to the blank chart? Else we'll not be able to name the new basket. Example after creating a USD basket, is there any way we can name a JPY basket without removing the EA and reattaching?Ignored
Disliked{quote} try not to make wrong decisions, but incase it happen it might not cause total loss but less pips. so no worries try this.. we have Two stop loss in our EA 1. Profit lock.. and 2. SL line (SL Button) .... once you/we are in average profit (eg. Average profit 5pairs x 15 pips is average = 150pips approx, you might apply booth PSL (Profit Lock) & SL line (Line stop loss) 75/2.2 (SL Line) = 34pips.. and 34/2.1 (P.SL) = 16pips.. but group pairs are little aggressive you might modify it as per your need.Ignored
Disliked{quote} OMG....it's commodity currencies in a group list. what will be the outcome when most are commodity currencies in a basket sir? Kopra.Ignored
Disliked{quote} OMG....it's commodity currencies in a group list. what will be the outcome when most are commodity currencies in a basket sir? Kopra.Ignored
DislikedI just want to give you a penny for my thoughts, and if you put your two cents in... I will be in profit! This is my thoughts on correlation and currency strength as it relates to basket trading. Currency strength is how strong a particular currency is over the rest. Solely based on head to head strength or weakness. So, the USD might be stronger than the GBP, EUR and CHF, but weaker against JPY and the CAD. Where as correlation is directional, or as my mind sees it, the direction of march. Some currencies march together and some go in the opposite...Ignored
Disliked{quote} Hi Seller, In order to create second basket, which we have not named, should we remove the EA and reattach it to the blank chart? Else we'll not be able to name the new basket. Example after creating a USD basket, is there any way we can name a JPY basket without removing the EA and reattaching?Ignored