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  • #2,541
  • Nov 13, 2018 11:13pm Nov 13, 2018 11:13pm
Quoting ajaykarkhane
Once the basket is closed it does not starting for the second one eventhough the button is Go at profit is green.And in new panel there is no reset button. {image}
I don't see any signals in the TS column to initiate any new trades, you are using the Market Filter which does not initiate any trades on its own, it is only used in conjunction with an incoming TS signal from a TS, of which I see none in your screen shot.

Why do you need a reset button? If you want to reset everything to the starting point open the DB settings and click OK.

The previous reset button was used to turn off the Correl, HAS, and RSI buttons, now you just click them again to do the same thing.
  • #2,542
  • Nov 14, 2018 1:48am Nov 14, 2018 1:48am
Quoting Pip Poppy
The market giveth and the market taketh away.......... My demo Core5 basket reached a dizzy height of $2.3k in profit before it reversed and (presumably) closed at B/E before taking a long basket which also immediately reversed and got stopped out for a loss of $250 Of interest is that I had placed a H4 support line on the chart which is where the original short basket reversed so may need to look at using S/R levels for profit taking. My live account took a long which got stopped out so am 0/2 live. {image} {image}
The longer a trend goes the higher the probability of a reversal, after 3 of 4 Pullbacks be wary, if after 3 trades in a row and you have strong profit on HAS, I would consider stopping for the week. I also believe on the One n Done method for the day, win or loose. That way you protect any profits generated and have more controlled Stops.
  • #2,543
  • Nov 14, 2018 4:54am Nov 14, 2018 4:54am
Quoting seller9
You guys are trying to do things that the TSs were not designed to do. Each TS is a trading system with a list of set rules. Don't make up new rules and think the TS will follow them. 1) In HAS v2s it required the 2 BO lines to be present in order to calculate where to put any TP or SL lines, since this is an offline basket chart I can not use pips to do this as the price numbers on the chart don't mean anything and can't be converted to pips. I changed this in all basket version 3 TSs to now use a different method to do this. The 3 basket TSs have...
Thank you Gene, will take note and download v3 however could you please further clarify if my setup below is likely to cause problems with HAS Baskets:

Having done this on different accounts initially, I then started creating 3 charts of my selected pairs using M15, M30 and H1 on the same broker account with HAS Basket and only H1 set to Auto with the other two set to Alert only. At any time there would only be one chart generating Auto trade OR all would be set to Alert only.

Are my 3 charts likely to cause a signal conflict even if only one is ever set to Auto trade?

All the best
  • #2,544
  • Nov 14, 2018 5:51am Nov 14, 2018 5:51am
Quoting JustUncleL
{quote} The longer a trend goes the higher the probability of a reversal, after 3 of 4 Pullbacks be wary, if after 3 trades in a row and you have strong profit on HAS, I would consider stopping for the week. I also believe on the One n Done method for the day, win or loose. That way you protect any profits generated and have more controlled Stops.
Thanks JustUncleL,
The way I am looking to trade the HAS basket is to be 'always in' however I totally agree that it is unacceptable to drop a profit of over 2k and just take a B/E.
I have tightened my HAS settings to prevent that from happening again.
  • #2,545
  • Edited 11:33am Nov 14, 2018 6:54am | Edited 11:33am
Some results today:

1) CORE5 basket trend BO, no trade

2) DM60+1440HM, nice quick small profit

Attached Image (click to enlarge)
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3) GBP Trend BO, quick fire profit

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4) My HAS30 All Pairs, traded the two sessions correctly, but it restarted a new trade on the London, which was not what I wanted. The best way to control that is to change over to a Basket trade instead,

Attached Image (click to enlarge)
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5) My AUDUSD Basket worked out OK, but I forgot to turn on my EL to stop trading when in Profit.

Attached Image (click to enlarge)
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Update - the AUSUSD Basket did recovery enough to close out with a small profit:

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  • #2,546
  • Nov 14, 2018 8:24am Nov 14, 2018 8:24am
Quoting fairtraderuk
{quote} Thank you Gene, will take note and download v3 however could you please further clarify if my setup below is likely to cause problems with HAS Baskets: Having done this on different accounts initially, I then started creating 3 charts of my selected pairs using M15, M30 and H1 on the same broker account with HAS Basket and only H1 set to Auto with the other two set to Alert only. At any time there would only be one chart generating Auto trade OR all would be set to Alert only. Are my 3 charts likely to cause a signal conflict even if only...
Don't do that, TS on only one chart, no matter what the settings are, unless the pairs are different.
  • #2,547
  • Nov 14, 2018 8:38am Nov 14, 2018 8:38am
Quoting seller9
{quote} Don't do that, TS on only one chart, no matter what the settings are, unless the pairs are different.
OK! Thanks
  • #2,548
  • Nov 14, 2018 10:11am Nov 14, 2018 10:11am
Maybe one to watch???

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  • #2,549
  • Nov 14, 2018 11:25am Nov 14, 2018 11:25am
Quoting fairtraderuk
{quote} OK! Thanks
Some more results from earlier today all running HAS Basket 2/6/3/2 1H GBP/CORE/HM/RSI. The RSI setup should/could have been abandoned early on but was allowed to continue to see final outcome with Color_Change_Exit. Again I think more confirmation that trend reversals specially using 1H Baskets should be terminated early on with fixed SL as recommended. Will now install v3 and abandon overloading the same MT4 account with multiple HAS Basket TS timeframes.
Attached Image(s) (click to enlarge)
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  • #2,550
  • Nov 14, 2018 2:43pm Nov 14, 2018 2:43pm
Hey JIMBNC, how is it going?

Good to see you back.
  • #2,551
  • Nov 14, 2018 4:20pm Nov 14, 2018 4:20pm
H1 HAS basket trading is not suited to extreme volatility as it tends to sell low and buy high.
My GBP basket TS opened and closed baskets as it should and each one closed at a loss.
I had a EUR basket which was set up using HAS BO which did not trigger a trade and my live CORE5 basket suffered the same fate as the GBP basket.
I have set up a demo CORE5 to use HAS BO and will run it alongside my live basket and compare the two.
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  • #2,552
  • Nov 14, 2018 8:13pm Nov 14, 2018 8:13pm
Resetted the things and restarted hope this is correct.
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  • #2,553
  • Nov 15, 2018 12:29am Nov 15, 2018 12:29am
Quoting ajaykarkhane
Resetted the things and restarted hope this is correct. {image}
Hi ajaykarkhane just a reminder that seller9 has now released S9_HAS_Basket_TS_v3 per earlier thread available from seller9.net
  • #2,554
  • Nov 15, 2018 1:04am Nov 15, 2018 1:04am
Quoting Pip Poppy
H1 HAS basket trading is not suited to extreme volatility as it tends to sell low and buy high. My GBP basket TS opened and closed baskets as it should and each one closed at a loss. I had a EUR basket which was set up using HAS BO which did not trigger a trade and my live CORE5 basket suffered the same fate as the GBP basket. I have set up a demo CORE5 to use HAS BO and will run it alongside my live basket and compare the two. {image} {image} {image} {image}
Hi Pip Poppy, Hi JustUncleL noticed some very healthy max net equities on a number of HAS Basket setups and trying to determine a uniform TP/SL/EL approach as some may be executed overnight. I have not had the fortune of getting into a long trend as yet probably due to limiting EL however my experience so far tells me targeting TP 100-200 pips with 50% SL (pending number of pairs) and EL 100/30 may be appropriate for shorter cycles. There is then also setting TP/SL on the chart itself which I am yet to practice on longer trends. If I may ask how are you determining these parameters currently? Would really appreciate your thoughts. Thanks
  • #2,555
  • Nov 15, 2018 2:54am Nov 15, 2018 2:54am
Quoting fairtraderuk
{quote} Hi Pip Poppy, Hi JustUncleL noticed some very healthy max net equities on a number of HAS Basket setups and trying to determine a uniform TP/SL/EL approach as some may be executed overnight. I have not had the fortune of getting into a long trend as yet probably due to limiting EL however my experience so far tells me targeting TP 100-200 pips with 50% SL (pending number of pairs) and EL 100/30 may be appropriate for shorter cycles. There is then also setting TP/SL on the chart itself which I am yet to practice on longer trends. If I may...
Hi fairtraderuk,
I started off setting an SL of 40 pips per pair in the basket eg if 5 pairs then 200 pips.
Given that we cannot stipulate a pip SL you then need to work out the pip value for the pairs in your basket.
For me, trading the Core5, it works out to 0.13 cents per pip per 0.01 lot so if trading each pair at 0.10 lots that equates to 1.30 per pip x 200 pips = $260 AUD
That seems to get hit more often than not so now I prefer to not set a SL in the DB. I set a EL of 27.50 / 2.50 per 0.01 lot and I do NOT trail. This is to offset spread costs only and allows the basket some breathing room.
I do however, use the manual SL on the chart as an emergency protective stop, usually at least 500 pips from the entry nearby recent highs / lows. That is there in case of a black swan event when you can have bars of 1000 pips or more and there is no way that the HAS can deal with that type of event
I am happy to have my trades close at the HAS change of colour so also will not set a target.
I think that the long trends (and they will come) will more than offset the losses by a long way.
I also think that setting a target TP in the end you will sell yourself short as you will miss out on the trends, try to re-enter incurring more costs and usually at the end of the trend.
Obviously I trade very differently to JustUncleL and that is a good thing - each trader must work out for themselves their comfort levels in regards to position size, drawdown, losses etc.
It is quite possible for you and me to trade the exact same system but you may come out a winner and I may come out a loser and then say "the system does not work" whereas it may simply be a money management issue.
Hope that helps you out a little and gives you a different perspective.
There are many ways to trade and take money from the market - you just need to find your edge.....

Cheers,
Pip Poppy
  • #2,556
  • Nov 15, 2018 3:47am Nov 15, 2018 3:47am
Quoting Pip Poppy
{quote} Hi fairtraderuk, I started off setting an SL of 40 pips per pair in the basket eg if 5 pairs then 200 pips. Given that we cannot stipulate a pip SL you then need to work out the pip value for the pairs in your basket. For me, trading the Core5, it works out to 0.13 cents per pip per 0.01 lot so if trading each pair at 0.10 lots that equates to 1.30 per pip x 200 pips = $260 AUD That seems to get hit more often than not so now I prefer to not set a SL in the DB. I set a EL of 27.50 / 2.50 per 0.01 lot and I do NOT trail. This is to offset...
Most informative Pip Poppy, thank you very much for taking the effort. Starting to see how Gene's approach to initial chart analysis coupled with the breathing space you mention can lead to some very profitable outcomes. Also realising HAS colour change is most often than not a good starting point but I guess this does depend on the ma speed. I have been switching between 2/6/3/2 and 1/21/1/13 as suggested by JustUncleL which seems to work well. Could you also please confirm your setting in this respect? Thanks again
  • #2,557
  • Nov 15, 2018 3:51am Nov 15, 2018 3:51am
Quoting fairtraderuk
{quote} Most informative Pip Poppy, thank you very much for taking the effort. Starting to see how Gene's approach to initial chart analysis coupled with the breathing space you mention can lead to some very profitable outcomes. Also realising HAS colour change is most often than not a good starting point but I guess this does depend on the ma speed. I have been switching between 2/6/3/2 and 1/21/1/13 as suggested by JustUncleL which seems to work well. Could you also please confirm your setting in this respect? Thanks again
And whilst we are on this topic, I was expecting a trigger on the attached just now, but nothing happened. I didn't think Use_HAS_Direction_Entry had to be set to trigger the trade. Perhaps Gene can also clarify hopefully. Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: HAS Basket.png Size: 96 KB
  • #2,558
  • Nov 15, 2018 4:21am Nov 15, 2018 4:21am
Quoting fairtraderuk
{quote} And whilst we are on this topic, I was expecting a trigger on the attached just now, but nothing happened. I didn't think Use_HAS_Direction_Entry had to be set to trigger the trade. Perhaps Gene can also clarify hopefully. Thanks {image}
I can help you with the first one but not so sure about the second point.
1. You need to eyeball the chart and see what HAS setting looks good to you. Place vertical lines on the chart where you would have entered / closed your baskets as a form of backtesting. Add up the pips as you go.
I have been using 2 15 2 15 or 2 13 2 13 for the longer timeframes but those settings are not that good on the shorter timeframes. I like 2 3 2 4 as it respond a little quicker to the price action but even those have just kicked me out of the Core5 basket with my protective loss as a result of the Brexit debacle causing a GBP drop.

2. For the HAS BO to work it is my understanding that there needs to be a break of the BO line but then that candle has to close back into the zone. When a subsequent candle then breaks the line a trade is taken. I'm not sure why Seller9 has coded it that way - perhaps he has done some checks and found that there are a lot of false breaks which end up going in the wrong direction. The problem is though that in your case you have missed out on significant pippage because there has been no pullback - it has just dropped and then dropped some more.
I'm pretty sure that Seller9 has answered this question a little while back so perhaps go back a few pages and see if you can find it.
  • #2,559
  • Nov 15, 2018 5:04am Nov 15, 2018 5:04am
Quoting Pip Poppy
{quote} I can help you with the first one but not so sure about the second point. 1. You need to eyeball the chart and see what HAS setting looks good to you. Place vertical lines on the chart where you would have entered / closed your baskets as a form of backtesting. Add up the pips as you go. I have been using 2 15 2 15 or 2 13 2 13 for the longer timeframes but those settings are not that good on the shorter timeframes. I like 2 3 2 4 as it respond a little quicker to the price action but even those have just kicked me out of the Core5 basket...
Hi Pip Poppy thanks a lot excellent and yes Seller9 is likely to get fed up answering the same question over and again : ) I just realised this was covered earlier. With a couple of options disappearing from HAS Basket TS v3 I guess still trying to get to grips with its behaviour in the meantime missed out on some good action this morning. So just a final question (I promise) if you want to trigger the HAS Basket just on colour change as you mentioned what options do you now set? Thanks again.
  • #2,560
  • Nov 15, 2018 5:07am Nov 15, 2018 5:07am
Quoting fairtraderuk
{quote} Hi Pip Poppy thanks a lot excellent and yes Seller9 is likely to get fed up answering the same question over and again : ) I just realised this was covered earlier. With a couple of options disappearing from HAS Basket TS v3 I guess still trying to get to grips with its behaviour in the meantime missed out on some good action this morning. So just a final question (I promise) if you want to trigger the HAS Basket just on colour change as you mentioned what options do you now set? Thanks again.
The only options you need are enter and exit on colour change set to true and all others to false.
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