Disliked{quote} If you have more than one chart for each pair the DB can not distinguish from which one the enter or close is coming from. So if one chart of say AUDCAD signals a Buy from the TS that is on it to the DB and another chart that also has AUDCAD on it but a different TS, this TS could be seeing the opposite and would close the trade according to its rules. The TS button can not distinguish from which chart a signal is coming from, it only associates an incoming signal to a certain pair. Also the DB cannot distinguish exit signals, only that...Ignored
- #2,484
- Nov 7, 2018 3:14pm Nov 7, 2018 3:14pm
{quote} I suggest downloading a fresh copy of the HAS basket TS, as hinted by Seller9, and try again. My original version of v2s did not work, so I downloaded a fresh copy and now the 1min HAS basket is taking trades on colour change: {image}
I didn't realise that v2s had been overwritten.
Will give it a go and expect to now see it working.
Thanks for your help
- #2,485
- Nov 7, 2018 4:10pm Nov 7, 2018 4:10pm
- | Joined Sep 2015 | Status: Trader | 1,863 Posts
Some results from yesterday: My All Pairs Swing failed, however, I had setup one of the parameters incorrectly (DB on Daily), so test was not really valid, try again today. The other two I had running went OK, I had no Basket setup up today, other than test the change colour HAS on 1min chart.
My standard DM+1440HM
Trade idea based on fairtraderuk post#2446 -
HAS30 (2,6,3,2) TP0.1, EL 25/10, Trading open for two hours after each session open (Tokyo, London, NY):
Tokyo session:
London and NY:
My standard DM+1440HM
Trade idea based on fairtraderuk post#2446 -
HAS30 (2,6,3,2) TP0.1, EL 25/10, Trading open for two hours after each session open (Tokyo, London, NY):
Tokyo session:
London and NY:
- #2,486
- Nov 7, 2018 5:42pm Nov 7, 2018 5:42pm
{quote} I have just downloaded and installed it again. I noticed the file size was slightly larger and there is a subtle difference in the indicator itself. I didn't realise that v2s had been overwritten. Will give it a go and expect to now see it working. Thanks for your help
Time to start getting active......
- #2,489
- Nov 9, 2018 8:57am Nov 9, 2018 8:57am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
CORE 5 last night
- #2,491
- Nov 9, 2018 3:50pm Nov 9, 2018 3:50pm
Here is my Core5 HAS basket based on the H1 chart.
I added to my position when the 4h IXOAH showed a confirmed red.(not shown here - on a different system)
I had the same trades on a live account albeit using 0.01 lotsize.
On that account I went to set my TP line near the H4 HAS however the line was placed below my existing profit so it immediately closed all of my trades.
I thought that the TP line would be set at some distance from the trades allowing the user to then place the line where they wanted?
I don't have a TP set in the dashboard so that may be the reason - if I set a very high TP in the dash then perhaps that would allow me to set it where I want?
I have closed down all of my live positions prior to the weekend and still made $21 so that's a good start.
Here is my Demo which is still open:-
I added to my position when the 4h IXOAH showed a confirmed red.(not shown here - on a different system)
I had the same trades on a live account albeit using 0.01 lotsize.
On that account I went to set my TP line near the H4 HAS however the line was placed below my existing profit so it immediately closed all of my trades.
I thought that the TP line would be set at some distance from the trades allowing the user to then place the line where they wanted?
I don't have a TP set in the dashboard so that may be the reason - if I set a very high TP in the dash then perhaps that would allow me to set it where I want?
I have closed down all of my live positions prior to the weekend and still made $21 so that's a good start.
Here is my Demo which is still open:-
- #2,492
- Nov 9, 2018 4:05pm Nov 9, 2018 4:05pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
{quote} Hi Gene look good, hope you don't mind a few questions. Correlated pairs seem to differ from one broker to another even with results taken at the same time. Does it matter the pairs differ so long as the chart looks reasonable based on 80% correlation? Also is it reasonable to assume correlation of CORE 5 for instance is valid for following 24 hours, regardless of whether it was taken at the beginning of the trading day or mid way through? Also slightly related as I am working with HAS Baskets and trying to manage false breakouts, I can't...
You can even look around the IE for correlation tables and you will be lucky if you find two that are the same.
Maybe the best thing to do would be to put up 28 pair charts on the time frame you want to trade and just by looking at them you can tell which direction they are going and build a basket with those that are moving in the same direction. (See image attached)
The CORE 5 was a group of pairs used years ago when basket trading was being done by many along with the group of 14, these may not even correlate any more or the correlation can change from day to day or week to week or month to month. When creating any basket all you can do is look at the basket chart and make a decision as to trade it or not, I do this all the time as my final decision as to trade the chart or not.
The Take_Opposite_Trade will send the opposite trade to the Broker from what it has received from the TS. So if the TS sends a long signal to the DB the DB will send a short trade to the Broker.
- #2,493
- Nov 9, 2018 4:25pm Nov 9, 2018 4:25pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here is an example where I just looked at all 28 H1 charts and picked the ones that looked like good ones to make a basket out of.
Would anybody trade this chart?????
Would anybody trade this chart?????
- #2,496
- Nov 9, 2018 6:54pm Nov 9, 2018 6:54pm
- | Joined Sep 2015 | Status: Trader | 1,863 Posts
{quote} Thank you for sharing JustUncleL nice results. There are so many opportunities here and the key being relative consistency I'm being drawn back to the HAS and HAS Basket trading every time but also seeing your standard DM+1440HM performs well. I have not covered the necessary background here yet, however would be great to see the TS settings (or any other info) on this strategy. Thanks a lot Also some more basket results starting shortly after Asian open. {image} {image} {image}
here are the settings I use on the TS
- #2,497
- Nov 9, 2018 7:21pm Nov 9, 2018 7:21pm
- | Joined Sep 2015 | Status: Trader | 1,863 Posts
Some not so consistent results with All Pairs SWING 1hr, big failures the last two Days, means It must require some Equity Stop setting to stop a blow out. It looks like it does well or blows out, so I will drop this idea from my testing and test another setup.
My All Pairs HAS BO 30m (1,21,1,13) is more interesting, I actually forgot to set the TP to 0.1, but the results were just what I was looking for with three Profit closes, no screenshot I accidentally reset the DB, I will continue with this setup next week to see if it will be consistent, I may drop the NY open slot though.
My CORE5 Swing basket failed, but not a blow out, just a $50 loss.
My other basket was the AUDUSD correlation, this time with HAS BO (1,21,1,13) EL60/10
settings:
My All Pairs HAS BO 30m (1,21,1,13) is more interesting, I actually forgot to set the TP to 0.1, but the results were just what I was looking for with three Profit closes, no screenshot I accidentally reset the DB, I will continue with this setup next week to see if it will be consistent, I may drop the NY open slot though.
My CORE5 Swing basket failed, but not a blow out, just a $50 loss.
My other basket was the AUDUSD correlation, this time with HAS BO (1,21,1,13) EL60/10
settings:
- #2,498
- Edited 9:15pm Nov 9, 2018 7:34pm | Edited 9:15pm
- | Joined Sep 2015 | Status: Trader | 1,863 Posts
{quote} So far my DM+1440HM on 1hr chart has been my consistent performer with non-basket trading, it was able to pull back from the red sea yesterday (Friday) and finish the final day in profit, before I manually closed it: {image} here are the settings I use on the TS {image}
