The Barboss EA.
Description of the strategy.
The Barboss trading system uses a basket trading strategy of 8 major currencies "USD", "EUR", "GBP", "JPY", "AUD", "CAD", "NZD","CHF" across all 28 currency pairs.
This strategy has a different concept of an order, the Barboss order consists of 28 orders, i.e. one order for each pair of the system
The system consists of 3 components.
1. Expert Advisor Barboss.
The AG algorithm is an element of a comprehensive trading system for trading a basket of currencies across 8 major currencies across all 28 currency pairs. The algorithm serves as a signal block for determining entry/exit from a position. To collect initial values, AG uses data from the CSS Currency Slope Strength cluster indicator. This indicator was not chosen by chance - it performed very well during testing of the algorithm.
A. AG determines the width of the entire trading channel, and determines the state in which the market is located. There are 4 market states. 1. The channel has a width of >100% and the channel is expanded by CROSS2. 2. The channel has a width of >100% and the channel is compressed by GAP2. 3. The channel width is <100% and the channel is compressed by GAP1. 4. The channel has a width of <100% and the channel is expanded by CROSS1.
Depending on the state of the Forex channel for such a basket, the logic for trading the basket is turned on. The design of the algorithm contains a differential, which sets the conditions for each individual basket and when switching baskets.
A. AG determines the width of the channel of each bar and determines the price of the share of each bet in the basket in each bar, the problem is solved - the share of this instrument grows or falls. B. AG determines the impulse of the entire channel - at what speed the current expansion/compression of the channel thickness occurs. In addition, the current dynamic impulse is determined at what speed the price changes for each instrument. C.After determining the width of the entire channel, the impulse in the channel, dynamic ranges are set for trading, and conditions for opening limit and stop orders, relating to the current market conditions (channel width - compression or expansion), as well as with the share price, impulse for the currencies that are being traded. For each trading pair, the algorithm contains 72 equations, a total of 28x72 = 2,016 for 28 unknowns. The algorithm determines market entry points, which are called CROSS and GAP. These initial data, conditions and equations are transferred to the stiffness matrix and the calculation occurs and the result is determined. The answer in the problem is the answer of the signal block, which is transmitted to the robot for opening or closing a position.
Signals for opening and closing orders are transmitted for automatic trading to the Barboss advisor for all 28 currency pairs through global variables of the MT4 terminal. For automated trading using an algorithm download free CSS indicator and Barboss expert with set .
2. IND indicator. To determine the strength of currencies, the cluster indicator of currency strength is used, which determines the value of the strength of each individual currency. The IND indicator through 8 buffers transmits data of the trading range of the value of the strength of each currency for the last 24 candles.
When testing, you can use different cluster indicators and their hybrids, work has been done on this, and the most correct ones have been chosen according to the results.
3. The AG algorithm is an element of a complex trading system for trading a basket of currencies
for 8 major currencies for all 28 currency pairs.
The algorithm is used to process data from the cluster indicator CCFp,
determining the width of the trading range relative to the previous ones,
and to calculate the trend and signal to enter and exit a position.
The algorithm receives data from the indicator through 8 clipboards
Signals to open and close orders are transmitted for automatic trading to the Barboss Expert Advisor
for all 28 currency pairs through the global variables of the MT4 terminal.
For automatic trading using the algorithm
download free CCFp indicator and Barboss advisor with set.
The algorithm determines market entry points, which are called CROSS and GAP.
CROSS is an event in the market (signal to enter/exit from positions),
in anticipation of which, for a certain period, there was a narrowing of the trading channel of the currency market.
COMPRESSION (market compression) - a period of time in the market when the strength of strong currencies decreased,
and the strength of weak currencies increased.
When strong and weak currencies meet at the equator
– the width of the trading channel is maximally compressed and narrowed,
here the width of the channel can no longer narrow and begins to grow
- EXTENSION (stretching) occurs, a reversal occurs in this place, in
this place has an entry point - this is the place where a new trend is born.
In these places of the market, the algorithm gives a signal to buy or sell, lock or exit a position.
GAP is an event in the market (a signal to exit/entry from a position), in the forerunner of which
on a certain period, there was an expansion of the EXTENSION (stretching) of the trading channel.
The width of the trading channel in some period is the maximum - there are very strong and very weak currencies.
Strong currencies are overbought and weak currencies are oversold.
In this place peaked - the financial bubble begins to deflate,
a reversal or correction takes place and COMPRESSION begins in the channel.
This place is not always clearly expressed, it can be extended over a period of up to several bars of the trading range.
At the same time, after corrections, there may be a continuation of the channel stretching,
as it happens according to wave theory, but on a common basket of all major currencies, such a phenomenon is rare,
it all depends on the conditions specified in the AG algorithm.
Usually, when correcting an extended trading channel,
its additional extension can be provided that such currencies are found,
who have not quite completed the turn, are in the process of turning, or are turning later.
In such additional time, a basket is selected for currency pairs that have decided on a trend.
For trade Barboss EA MT4 in manual mode please download attach files in Barboss EA.rar
For use Barboss EA MT4 in automatic mode you must buy commercial AG Algorithm Barbossa.
https://www.mql5.com/ru/market/product/94278
Description of the strategy.
The Barboss trading system uses a basket trading strategy of 8 major currencies "USD", "EUR", "GBP", "JPY", "AUD", "CAD", "NZD","CHF" across all 28 currency pairs.
This strategy has a different concept of an order, the Barboss order consists of 28 orders, i.e. one order for each pair of the system
The system consists of 3 components.
1. Expert Advisor Barboss.
The AG algorithm is an element of a comprehensive trading system for trading a basket of currencies across 8 major currencies across all 28 currency pairs. The algorithm serves as a signal block for determining entry/exit from a position. To collect initial values, AG uses data from the CSS Currency Slope Strength cluster indicator. This indicator was not chosen by chance - it performed very well during testing of the algorithm.
A. AG determines the width of the entire trading channel, and determines the state in which the market is located. There are 4 market states. 1. The channel has a width of >100% and the channel is expanded by CROSS2. 2. The channel has a width of >100% and the channel is compressed by GAP2. 3. The channel width is <100% and the channel is compressed by GAP1. 4. The channel has a width of <100% and the channel is expanded by CROSS1.
Depending on the state of the Forex channel for such a basket, the logic for trading the basket is turned on. The design of the algorithm contains a differential, which sets the conditions for each individual basket and when switching baskets.
A. AG determines the width of the channel of each bar and determines the price of the share of each bet in the basket in each bar, the problem is solved - the share of this instrument grows or falls. B. AG determines the impulse of the entire channel - at what speed the current expansion/compression of the channel thickness occurs. In addition, the current dynamic impulse is determined at what speed the price changes for each instrument. C.After determining the width of the entire channel, the impulse in the channel, dynamic ranges are set for trading, and conditions for opening limit and stop orders, relating to the current market conditions (channel width - compression or expansion), as well as with the share price, impulse for the currencies that are being traded. For each trading pair, the algorithm contains 72 equations, a total of 28x72 = 2,016 for 28 unknowns. The algorithm determines market entry points, which are called CROSS and GAP. These initial data, conditions and equations are transferred to the stiffness matrix and the calculation occurs and the result is determined. The answer in the problem is the answer of the signal block, which is transmitted to the robot for opening or closing a position.
Signals for opening and closing orders are transmitted for automatic trading to the Barboss advisor for all 28 currency pairs through global variables of the MT4 terminal. For automated trading using an algorithm download free CSS indicator and Barboss expert with set .
2. IND indicator. To determine the strength of currencies, the cluster indicator of currency strength is used, which determines the value of the strength of each individual currency. The IND indicator through 8 buffers transmits data of the trading range of the value of the strength of each currency for the last 24 candles.
When testing, you can use different cluster indicators and their hybrids, work has been done on this, and the most correct ones have been chosen according to the results.
3. The AG algorithm is an element of a complex trading system for trading a basket of currencies
for 8 major currencies for all 28 currency pairs.
The algorithm is used to process data from the cluster indicator CCFp,
determining the width of the trading range relative to the previous ones,
and to calculate the trend and signal to enter and exit a position.
The algorithm receives data from the indicator through 8 clipboards
Signals to open and close orders are transmitted for automatic trading to the Barboss Expert Advisor
for all 28 currency pairs through the global variables of the MT4 terminal.
For automatic trading using the algorithm
download free CCFp indicator and Barboss advisor with set.
The algorithm determines market entry points, which are called CROSS and GAP.
CROSS is an event in the market (signal to enter/exit from positions),
in anticipation of which, for a certain period, there was a narrowing of the trading channel of the currency market.
COMPRESSION (market compression) - a period of time in the market when the strength of strong currencies decreased,
and the strength of weak currencies increased.
When strong and weak currencies meet at the equator
– the width of the trading channel is maximally compressed and narrowed,
here the width of the channel can no longer narrow and begins to grow
- EXTENSION (stretching) occurs, a reversal occurs in this place, in
this place has an entry point - this is the place where a new trend is born.
In these places of the market, the algorithm gives a signal to buy or sell, lock or exit a position.
GAP is an event in the market (a signal to exit/entry from a position), in the forerunner of which
on a certain period, there was an expansion of the EXTENSION (stretching) of the trading channel.
The width of the trading channel in some period is the maximum - there are very strong and very weak currencies.
Strong currencies are overbought and weak currencies are oversold.
In this place peaked - the financial bubble begins to deflate,
a reversal or correction takes place and COMPRESSION begins in the channel.
This place is not always clearly expressed, it can be extended over a period of up to several bars of the trading range.
At the same time, after corrections, there may be a continuation of the channel stretching,
as it happens according to wave theory, but on a common basket of all major currencies, such a phenomenon is rare,
it all depends on the conditions specified in the AG algorithm.
Usually, when correcting an extended trading channel,
its additional extension can be provided that such currencies are found,
who have not quite completed the turn, are in the process of turning, or are turning later.
In such additional time, a basket is selected for currency pairs that have decided on a trend.
For trade Barboss EA MT4 in manual mode please download attach files in Barboss EA.rar
For use Barboss EA MT4 in automatic mode you must buy commercial AG Algorithm Barbossa.
https://www.mql5.com/ru/market/product/94278
Attached File(s)
Attached File(s)