BASKET TRADER TS2 V3
NEW SETUP USING SESSION, TS WITH DIALY TF
NEW SETUP USING SESSION, TS WITH DIALY TF
- #8,188
- Edited Dec 31, 2021 10:06am Dec 30, 2021 10:20am | Edited Dec 31, 2021 10:06am
Well folks, kids taken a nap and i wanted to watch some numbers move. So i threw it at the wind and put the wave rider on M1 with a TP of 0.1 fun to watch not sure i would ever trade it though, got lucky.
and here's another from today same idea but with trend rider and has, using that big of a SL for such a small TP is a bit frightening still.
and here's another from today same idea but with trend rider and has, using that big of a SL for such a small TP is a bit frightening still.
Still running with this same idea in my demo trading of getting in on the D1 direction and closing on the D1. For now just using HAS change to get out (looking at REX and iMAX as exits as well) Running testing on what a good stop loss ADR will be to survive the initial trade and survive the day change and weekend gaps. A SL of 1 ADR almost always survives the weekend but I want to get it lower. Currently have 0.2 to 0.3 ADR SL on most of the things I'm running at the moment but sometimes they get eaten up by the weekend. Anyhow Enjoy.
Continuation from yesterday, picked up a few more passengers. If they survive the 0.3 ADR after the change of the trading day I move the SL to BE and let them run until D1 tells me to close (still working on that part) 
Had this one setup with Trend Rider on M1 to try and get everyone on board for the weekend to see who survives the 1 ADR SL.
Continuation from yesterday, picked up a few more passengers. If they survive the 0.3 ADR after the change of the trading day I move the SL to BE and let them run until D1 tells me to close (still working on that part)
Had this one setup with Trend Rider on M1 to try and get everyone on board for the weekend to see who survives the 1 ADR SL.
- #8,194
- Edited 11:21am Jan 11, 2022 10:30am | Edited 11:21am
Let it ride! Have been collecting trades on M5 with a 0.3SL during London over the last few trading days. Still waiting on a HAS close on D1. Total loss is around -17 at the moment, I restart the dashboard for each new day so total is not shown.
{quote} Hi Alula How do you setup sl using adr, Im being dumb! And oh exiting on D1 signal Thanks Steve
SL settings can be found here and here. BE i move manually on the chart after it hits a certain ADR multiplier or survives the day in profit.
HAS Exit and time frame are here and here. Other D1 exits i'm testing are just indicators on the charts.
This setup finally had a significant down day, looking for a few more good ones so I can start getting a good idea of where to place a basket SL. Still arguing with myself about whether to just end the trades as a basket each day or keep them open for a longer exit. Since the entry is on M5 and they are entering on the trend I would assume that if the pair is going in the same long term direction at some point the next day it would jump back in. On the other hand it sure is nice seeing all that green get collected over time while leaving trades open.
Here are a couple interesting ones from Thursday, same settings same broker only difference was the entry. Looking to get 2 or more different setups going that pick different pairs from each other through the day and don't have too much DD. I was pleased with the Thursday outcome. One day down is not enough data to draw any conclusions but this day would have been very survivable for both.
Here are a couple interesting ones from Thursday, same settings same broker only difference was the entry. Looking to get 2 or more different setups going that pick different pairs from each other through the day and don't have too much DD. I was pleased with the Thursday outcome. One day down is not enough data to draw any conclusions but this day would have been very survivable for both.