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Basket Knights - A Basket Trading Round Table

  • #1,101
  • Dec 2, 2019 10:29am Dec 2, 2019 10:29am
Quoting TyLamai
Trading Nuggets!: Okay...another one of those... Here's something ELSE I do (sometimes) when I get a Basket signal during a "rangy" period (I hope I'm not repeating myself...). At the moment I have a Buy signal on the C14, so: - I zoom into the "gutter" (i.e. going down and dirty into ALL the pairs which make up the C14 basket). - I look to see those pairs which I think are SLOW starters (I refer to them as "Stragglers"). These would be pairs which are YET to begin to move in the desired direction of the Buy basket. - Once I identify these pairs,...
Update on my Stragglers:
+708 floating...
Attached Image

Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
  • #1,102
  • Dec 2, 2019 1:54pm Dec 2, 2019 1:54pm
Hello everybody
The system works well on my demo account laptop
I wanted to run it on my vps
Iatached all the files in the prope locations
i get the message:
2019.12.02 14:38:25.009 cannot open file 'C:\Users\Administrator\AppData\Roaming\MetaQuotes\Terminal\A0B91B0593DA6CF63CFBCD37793249B0\MQL4\indicators\Basket_Create_v3_670et.ex4' [2]
and sure i've not the charts in the offlines
If i drad Basket create v3, i get the message: File C5 not found
I checker everythin an restarted the platform and nothing better
Please anybody can help me
Thanks a lot
Chris
  • #1,103
  • Dec 2, 2019 3:56pm Dec 2, 2019 3:56pm
Quoting Elsaloon
Hello everybody The system works well on my demo account laptop I wanted to run it on my vps Iatached all the files in the prope locations i get the message: 2019.12.02 14:38:25.009 cannot open file 'C:\Users\Administrator\AppData\Roaming\MetaQuotes\Terminal\A0B91B0593DA6CF63CFBCD37793249B0\MQL4\indicators\Basket_Create_v3_670et.ex4' [2] and sure i've not the charts in the offlines If i drad Basket create v3, i get the message: File C5 not found I checker everythin an restarted the platform and nothing better Please anybody can help me Thanks a...
Hello Elsaloon,

Calm down. Take a deep breath.

I know I sound like a parrot but...

Please read Post#1 again...?

Quote
If i drad Basket create v3, i get the message: File C5 not found
There is nothing (as far as I know) to drag (except when it comes time to open trades using the scripts) .

The setup process was designed by me to be as simple, painless, and stress-free as possible. It's basically plug-and-play.
- Copy the files to their proper places/folders
- Apply templates as instructed and it SHOULD work seamlessly - just like it did on your laptop.

If you are still getting the same error AFTER going through my recommendations above, then MAYBE someone else here can help you out...?

Just calm down - it will be sorted out.

Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
  • #1,104
  • Dec 2, 2019 4:06pm Dec 2, 2019 4:06pm
Fundies: Truths and Rumours.


"AUD Breaks Out, Can Gains be Sustained on RBA?

One of the best performing currencies today was the Australian dollar. AUD jumped nearly 1 percent against the US dollar to its strongest level since November 20th. On a technical basis, this move goes a long way in nullifying the downtrend but Australian data is weak so a fundamental basis, its hard to trust the rally. According to the latest economic releases, manufacturing activity contracted in the month of November, job ads fell further, inflationary pressures eased and building approvals fell much more than expected - in a nutshell every single one of these numbers showed further deterioration in Australia's economy. Yet the currency soared because Chinese data beat expectations with Caixin reporting unexpected strength in China's manufacturing sector last month. Despite trade tensions, this private sector report showed manufacturing activity growing at its fastest pace in 3 years. This validates the improvement reported in the government's official November PMI report.

AUD/USD was also helped by President Trump's criticism of strong dollar and call for the Fed to lower interest rates. Trade negotiations are moving forward as well with Trump saying China wants a deal, but we'll see what happens. Phase one of China's deal is being written up according to senior White House advisor Kellyanne Conway but according to Secretary of Commerce Wilbur Ross, if a deal is not reached, Trump will raise tariffs. A decision to impose, delay or suspend the December tariffs still needs to be made so for now, headlines will drive FX trades.

However for the Australian dollar in particular, there's a monetary policy announcement and a number of important economic reports scheduled for release. As shown in the table below, there's been more weakness than strength in Australia and China's economies since the last Reserve Bank meeting. In November, the RBA said not much had changed from 3 months ago. Wage growth is weak, the timing of consumption recovery is uncertain and GDP growth to next year will be weaker than they previously anticipated. The minutes revealed that a month ago, they felt that the case could be made to ease policy and while they felt that the most appropriate approach was to hold rates, they are prepared to ease monetary policy further if needed. RBA Governor Lowe who spoke last week wasn't particularly optimistic - he said employment growth will slow and its going to take a long time for inflation to pick up. This view may be a reflection of the setbacks in the economy since early November.

If the RBA is cautious like we expect, AUD/USD will curb its gains but as we've noted, nothing matters more now than US-China trade relations. If the monetary policy statement is benign, AUD/USD could trade sharply higher. USD/JPY also fell sharply today on the back of Trump's comments, trade uncertainty and US data. Manufacturing activity contracted further in November, casting doubt on the strength of the US recovery and the sustainability of the record breaking moves in equities. Broad based dollar weakness was the primary theme of the day." - Kathy Lien, BK Asset Management


Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
  • #1,105
  • Dec 2, 2019 4:20pm Dec 2, 2019 4:20pm
Quoting TyLamai
Fundies: Truths and Rumours. "AUD Breaks Out, Can Gains be Sustained on RBA? One of the best performing currencies today was the Australian dollar. AUD jumped nearly 1 percent against the US dollar to its strongest level since November 20th. On a technical basis, this move goes a long way in nullifying the downtrend but Australian data is weak so a fundamental basis, its hard to trust the rally. According to the latest economic releases, manufacturing activity contracted in the month of November, job ads fell further, inflationary pressures eased...
What a great post.
  • #1,106
  • Dec 2, 2019 11:39pm Dec 2, 2019 11:39pm
Came across this image during my various sojourning. Thought I'd share.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG-20191203-WA0007.jpg Size: 36 KB


Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
  • #1,107
  • Dec 3, 2019 4:40am Dec 3, 2019 4:40am
Quoting TyLamai
{quote} Hello Elsaloon, Calm down. Take a deep breath. I know I sound like a parrot but... Please read Post#1 again...? {quote} There is nothing (as far as I know) to drag (except when it comes time to open trades using the scripts) . The setup process was designed by me to be as simple, painless, and stress-free as possible. It's basically plug-and-play. - Copy the files to their proper places/folders - Apply templates as instructed and it SHOULD work seamlessly - just like it did on your laptop. If you are still getting the same...
Hello Ty
I've solved my problem
If anybody get the same
I created a subfolder in the indicator folder withe your indicators
You have to paste the indicators directly in the indicator folder
Chris
  • #1,108
  • Dec 3, 2019 5:16am Dec 3, 2019 5:16am
Quoting Elsaloon
{quote} Hello Ty I've solved my problem If anybody get the same I created a subfolder in the indicator folder withe your indicators You have to paste the indicators directly in the indicator folder Chris
Hello Chris,

I'm happy to hear that you were able to solve your problem but I'm afraid your explanation of what happened and how you solved it is not clear to me (i.e. I don't understand how you solved it).

For the indicators to work you had to create a sub-folder?...This is strange I think.

Could you please try explaining more?

Thank you.

Regards and Stay fluid,

Ty

PS: Or maybe someone else who understands can pitch in to offer clarification. Thanks.
My job: I speculate and manage risk.
  • #1,109
  • Dec 3, 2019 5:25am Dec 3, 2019 5:25am
Quoting TyLamai
{quote} Update on my Stragglers: +708 floating... {image} Regards and Stay fluid, Ty
Update: AUDUSDb banked.
Attached Image

Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
  • #1,110
  • Dec 3, 2019 5:32am Dec 3, 2019 5:32am
Quoting TyLamai
{quote} Hello Chris, I'm happy to hear that you were able to solve your problem but I'm afraid your explanation of what happened and how you solved it is not clear to me (i.e. I don't understand how you solved it). For the indicators to work you had to create a sub-folder?...This is strange I think. Could you please try explaining more? Thank you. Regards and Stay fluid, Ty PS: Or maybe someone else who understands can pitch in to offer clarification. Thanks.
Ty
Always, when i download a new system, i create a subdolder for the indicators, it is cleaner an more easy to find them.
what i did. And nothing was working
when you paste directly without subfolder, it works
i tried with another platform and got the same results
Cheers
Chris
  • #1,111
  • Dec 3, 2019 5:49am Dec 3, 2019 5:49am
Quoting Elsaloon
{quote} Ty Always, when i download a new system, i create a subdolder for the indicators, it is cleaner an more easy to find them. what i did. And nothing was working when you paste directly without subfolder, it works i tried with another platform and got the same results Cheers Chris
Okay Elsaloon, NOW I understand.

Thanks for clarifying.

Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
  • #1,112
  • Dec 3, 2019 8:19am Dec 3, 2019 8:19am
Quoting TyLamai
{quote} Update: AUDUSDb banked. {image} Regards and Stay fluid, Ty
Update: USDCHFs banked.
Attached Image

Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
  • #1,113
  • Dec 3, 2019 10:35am Dec 3, 2019 10:35am
Quoting TyLamai
{quote} Update: USDCHFs banked. {image} Regards and Stay fluid, Ty
Update: EURUSDb banked.
*Will attach visuals when I return to my work station.

Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
  • #1,114
  • Dec 3, 2019 2:01pm Dec 3, 2019 2:01pm
Quoting TyLamai
{quote} Update: EURUSDb banked. *Will attach visuals when I return to my work station. Regards and Stay fluid, Ty
Attached Image

Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
  • #1,115
  • Dec 3, 2019 2:20pm Dec 3, 2019 2:20pm
Quoting LifeHunt3r
{quote} Here are the steps to create an offline chart from scratch. 1. Right-click anywhere on your Desktop. 2. Hover with the mouse pointer over “New” and select “Text Document”. 3. You will immediately be given the option to name your file. Name it #BSKT8. 4. Open the new file and copy & paste the following text into that new text document: 8 AUDJPY AUDUSD EURJPY EURUSD GBPJPY GBPUSD NZDJPY NZDUSD 5. Save & close the document. 6. Open MT4 Data Folder 7. Go to: \MQL4\Files 8. Drag the newly created #BSKT8.txt file from your Desktop into the Files...
Hello
Lee
Thank you
I could create new basket but i don't know how to create script to open order buy or sell
Thank you
Chris
  • #1,116
  • Dec 4, 2019 12:22am Dec 4, 2019 12:22am
Quoting Elsaloon
... script to open order buy or sell...
Chris,

I'm using EAX to open trades on the baskets, but I dug up these BUY/SELL scripts for you together with an Emergency Close. I tested it and it seems to be doing the job just fine. Enjoy!

Cheers

Lee
Attached File(s)
File Type: mq4 TradeHedgeBUY_8Pair.mq4   3 KB | 359 downloads

Attached File(s)
File Type: mq4 TradeHedgeSELL_8Pair.mq4   3 KB | 356 downloads

Attached File(s)
File Type: mq4 AEMERGENCYClose All.mq4   7 KB | 391 downloads
Fix your thoughts on what is true, and honorable, and right, and pure...
  • #1,117
  • Dec 4, 2019 12:58am Dec 4, 2019 12:58am
With the ranging market in November, the Monthly Pivots on the C8 Basket is quite constricted with serious resistance yesterday around the R61 Monthly Pivot. Will we see a pullback to the Monthly Pivot Point on C5/C8 Baskets over the next couple of days? Maybe a bounce off R38 for a re-test of R61?

Attached Image (click to enlarge)
Click to Enlarge Name: C8_Daily.png Size: 43 KB
Fix your thoughts on what is true, and honorable, and right, and pure...
  • #1,118
  • Edited 2:25am Dec 4, 2019 1:37am | Edited 2:25am
Quoting LifeHunt3r
Will we see a pullback...?
And down she goes. I love the smell of a good Pivot rejection in the morning.

Attached Image (click to enlarge)
Click to Enlarge Name: C8_M15.png Size: 43 KB


Update....

Definition of pain right here...

Attached Image (click to enlarge)
Click to Enlarge Name: Pain.png Size: 40 KB


Note to self: Keep your wise-crack posts for after you close the trades.

Cheers

Lee
Fix your thoughts on what is true, and honorable, and right, and pure...
  • #1,119
  • Dec 4, 2019 2:08am Dec 4, 2019 2:08am
Quoting LifeHunt3r
{quote} Chris, I'm using EAX to open trades on the baskets, but I dug up these BUY/SELL scripts for you together with an Emergency Close. I tested it and it seems to be doing the job just fine. Enjoy! Cheers Lee {file} {file} {file}
Thanks a lot
youre great Lee
Chris
  • #1,120
  • Dec 4, 2019 3:56am Dec 4, 2019 3:56am
Quoting LifeHunt3r
{quote}...Note to self: Keep your wise-crack posts for after you close the trades. Cheers Lee
Lol..

No Lee, on the contrary, please DON'T!

It's refreshing to see people who'll call out trades in real-time or before. This way we can all learn from it.

For example, I still have EURGBPb open from a few days back (my stragglers basket) and the GBP news this morning came out great for the GBP which means that I am currently in DD on my EGb. This happens.

Thanks for your contributions.

Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
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