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Simple Basket Trading system

  • #41
  • Sep 15, 2011 12:03pm Sep 15, 2011 12:03pm
Here is the trade for Today( from Close of yesterdays bar)
Attached Image (click to enlarge)
Click to Enlarge Name: basket2.gif Size: 70 KB
  • #42
  • Sep 15, 2011 9:25pm Sep 15, 2011 9:25pm
Quoting ES Trader
Here is the trade I had placed when BOTH buy and sell profits were NEGATIVE. It had been as high as $80.00. Now since "buys profit" is turning positive the account value is coming down
i think its a good and profit system. I try it on demo right now.
but it seems took 6 days to get good profit.
i wish we can use this for M1 or M5 with some/small modification.

a good night is when we sleep without open position.
  • #43
  • Sep 16, 2011 12:27am Sep 16, 2011 12:27am
Im using GCI trading MT4 and did what you said but it still doesn't work.



Quoting Tresuz
If you are using IBFX as a broker and are using a mini account, you need to edit the script to put a small case "m" after each pair name every time they appear. For instance "EURUSD" needs to be changed to "EURUSDm" everywhere it appears. That should fix it.
  • #44
  • Sep 18, 2011 6:24pm Sep 18, 2011 6:24pm
HI ES,

How long you are trading this strategy? You are not answering this as this was requested by one of our previous poster.

Also in you initial post you said that all the pairs are non correlated. That is not true. They are CORRELATED Pairs. EUR/USD is Correlated to USD/CHF. How come you can say that they are non correlated? Any reasons?


Cheers,
fxolive
  • #45
  • Sep 19, 2011 3:18am Sep 19, 2011 3:18am
Hi ES Trader
Your system sounds good.
Why are you silent ?
Is it possible to get your indy ( #1) in mq4 ?
  • #46
  • Sep 25, 2011 7:54am Sep 25, 2011 7:54am
Quoting ES Trader
Another set of currency pairs I have been trying out are:

Buys

Eurjpy
Usdchf
Gbpusd

Sells:

Eurusd
Usdjpy
Gbpchf.

Pros:
Well Hedged. Less margin and no need for Stop Loss

Cons:
They rarely change their position Never see buys and sells on total minus or plus.

I trade them by buying currencies that are below the midline and selling currencies above the midline. Again as seen on day chart.

ESTrader

What has been your experience with this well hedged system.
Also how do you get the indicator to start all over daily?
  • #47
  • Sep 26, 2011 12:50pm Sep 26, 2011 12:50pm
Quoting aelimian
ESTrader

What has been your experience with this well hedged system.
Also how do you get the indicator to start all over daily?
looks like he's gorn....
  • #48
  • Sep 26, 2011 6:21pm Sep 26, 2011 6:21pm
I couldn't resist coding an EA for this. Find it at http://www.forexfactory.com/showthre...94#post4989394

  • #49
  • Sep 27, 2011 9:51am Sep 27, 2011 9:51am
Quoting SteveHopwood
I couldn't resist coding an EA for this. Find it at http://www.forexfactory.com/showthre...94#post4989394

Hey Steve.

Thanks very much. I will give it a try.

Really appreciate your input.

Kris
  • #50
  • Sep 27, 2011 10:09am Sep 27, 2011 10:09am
This is basket that was opened few minutes ago. Was dow 50 bucks. Now down about 9.
Attached Image (click to enlarge)
Click to Enlarge Name: 92711.gif Size: 163 KB
  • #51
  • Sep 30, 2011 11:52pm Sep 30, 2011 11:52pm
hows this thread going? have interest in this thread but not much interaction going on...

mhmmm....

hows the trades? can you update please ES?

Regards,
Jhfx
  • #52
  • Oct 1, 2011 3:15pm Oct 1, 2011 3:15pm
ES
Thanks for an interesting trading idea. In post #50 both profits are positive. Why did you sell buy pairs and buy sell pairs?
  • #53
  • Jun 10, 2012 7:29pm Jun 10, 2012 7:29pm
My First basket was a winner now waiting for another DEMO only at this stage
  • #54
  • Jun 11, 2012 3:21am Jun 11, 2012 3:21am
i started demo on friday from 6:00AM to 1:00 pm before closing the market i was
up $3000 just to follow the rule on post number one,that is fantastic to pull out
money from this market, in my opinions
  • #55
  • Jun 16, 2012 3:11am Jun 16, 2012 3:11am
Es Trader,
Sir, can I request for the .mq4 file?
I have come concept to modify the indi, wish you can share it.

thank you.

BR,
Jacky.
  • #56
  • Jan 24, 2014 11:04am Jan 24, 2014 11:04am
"""When BOTH are NEGATIVE , SELL the BUY pairs and Buy the SELL pairs.

When Both are positive , Buy the buy pairs and sell the sell pairs.""""

What if either one turn back to positive and another turn back to negative after we entered the trade?
Is the trades still valid?

Or do you have a exact entry such as positive/negative figure has to exceed how much before we enter?
Advice needed

Thanks
  • #57
  • Feb 13, 2016 6:00pm Feb 13, 2016 6:00pm
Dead thread..I guess the strategy isn't worth good enough to continue..
  • #58
  • Oct 10, 2017 10:57pm Oct 10, 2017 10:57pm
Quoting ES Trader
This is my yet another simple system for trading Forex. I just use one Indicator ESTrader_IA_Don_071911 created by my friend Don (DISBELJ) here on FF. I use 8 pairs, which are NON correlated : Buys: eurusd gbpusd nzdusd audusd Sells: Usdchf usdcad usdjpy Euraud Put the Indicator on any chart, preferably 1hr. Look at the Buys profit and sells profit. When BOTH are NEGATIVE , SELL the BUY pairs and Buy the SELL pairs. When Both are positive , Buy the buy pairs and sell the sell pairs. That is it. Watch pips come in!! Of course try it out on Demo for...
EA was not attaching to H1 Chat any issue on EA
  • #59
  • Oct 11, 2017 11:38am Oct 11, 2017 11:38am
Quoting comeback2000
{quote} EA was not attaching to H1 Chat any issue on EA
Probably it's because of difference between EA's Compiling version and Your current MT4 Buld version.
Open EA in your current metaeditor and recompile it.
  • #60
  • Oct 11, 2017 12:24pm Oct 11, 2017 12:24pm
Quoting hamidrezamf
{quote} Probably it's because of difference between EA's Compiling version and Your current MT4 Buld version. Open EA in your current metaeditor and recompile it.
This EA was in .ex4 format.
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