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  • #801
  • Edited 4:36pm Oct 24, 2008 4:11pm | Edited 4:36pm
Hi dear T101,

I use your Basket_Indicator (setup 50 , 40 and getting trend of 1H and getting entry point by 5m , " also using orest v14 indic")

now my request is please kindly (if it possible) make an input for max bars of indic for lowering calculations time ( indic buffers max length )
because of large computational time will be needed for growing tf 5m history.

now in my Metatrader it needs 8 sec for every tick and beside orest v14 indic or zznbrm dashboard indic it lates more and more.

regards.
  • #802
  • Edited 6:21pm Oct 24, 2008 6:09pm | Edited 6:21pm
I like your setup, OnTheRoad. And I don't remember you have been asking a lot of questions too.

Julius, if you busy this weekend send me the code I'll make those changes.

UPDATE:
I wonder if we could change the time frame of your indi to make it user-defined too. This way let's say
1h and 5min graphs could be placed on the same chart.

Quoting OnTheRoad
Hi dear T101,

I use your Basket_Indicator (setup 50 , 40 and getting trend of 1H and getting entry point by 5m , \" also using orest v14 indic\")

now my request is please kindly (if it possible) make an input for max bars of indic for lowering calculations time ( indic buffers max length )
because of large computational time will be needed for growing tf 5m history.

now in my Metatrader it needs 8 sec for every tick and beside orest v14 indic or zznbrm dashboard indic it lates more and more.

regards.
  • #803
  • Oct 24, 2008 6:18pm Oct 24, 2008 6:18pm
After my first and only (and stupid) question, and the ego-bruising response, I went back to basics with my demo account, re-read both threads, made a notebook of all the best advice, and started practicing. I just wanted to report that some of my trades are still practice when I am not sure or want to try it out, but there are those that I feel comfortable about already and my last venture with my funded account netted 716 pips (I close out earlier than most of you). I have become more adept at not chasing the market, which is a lifesaver. Thanks to all for the buy/sell basket indicator, orest, and profit calc. Those 3 and the IA are all I have been using and I have found the comments from the senior members very very instructive with regard to jumping pairs, when to enter a trade, etc. Also, left to "using my gray matter" as Julius terms it, has given me a crash course in the MT4 platform that has been invaluable, and has been a real weak spot. I appreciate you saying, Julius, to find the indicator that works and learn to use it rather than jumping all around and short-circuiting the process.
Happy trading to all next week...
  • #804
  • Oct 24, 2008 10:38pm Oct 24, 2008 10:38pm
looking at the screen capture every 5 minutes of past 1-2days:
http://www.tickjob.com/T101/T101IB-23-Oct.pdf

sometimes 1-hour lead the trend, and sometimes 4-hour or long timeframe lead the trend, could smeone suggest how can we determine which one to follow?
  • #805
  • Oct 24, 2008 11:00pm Oct 24, 2008 11:00pm
He-he, maybe to try 2h time frame which is available in the latest version?


Quoting TickJob
looking at the screen capture every 5 minutes of past 1-2days:
http://www.tickjob.com/T101/T101IB-23-Oct.pdf

sometimes 1-hour lead the trend, and sometimes 4-hour or long timeframe lead the trend, could smeone suggest how can we determine which one to follow?
  • #806
  • Edited 1:37am Oct 25, 2008 1:37am | Edited 1:37am
Quoting trader101

The assumption that the Basket moves similar to EurJpy is right but its not only the EurJpy it is also similar to other pairs selected in the basket. I have that observation since the selection of pairs. If you are going to make a cumulative graph of the 14 pairs we are trading and compare that to any pair that we are trading it will be similar to each one. That is the reason why I am trading the 14 pairs because I think it’s safer to trade it that way that just predicting which of this pair is going to deliver me the maximum pips this week. Among the 14 pairs we will have the top performer; the average performer and the least performer sometimes we could even have the non performer. If you try to graph the mean of this group you will see what I am saying, that it appears to be similar to any pair. I like trading only 1 pair, but it’s hard to correctly predict the pair what it will be the high performer this week. Also it is not wise to put all your eggs in one basket. So I end up trading all 14 of them because it is easier to predict that the majority of them will be winners thus, making me 50% + winner out of the 14. If you are following basketball, it is safer to bet on the Lakers than Kobie Bryant, isn’t it?

I hope that this post doesn’t discourage you to discover and continue observing the behavior of these pairs more. There are lot of these profitable opportunities as you continue observing and watching.
Not discouraged at all

My observations continue.....
Attached you will see a comparison of the AUDJPY chart with the Basket Bars that Prinova cooked up........ not much need to comment on that correlation!

Also attached is an image of 50 and 40 sma compared to your Basket_Indicator..... also incredibly similar (had to set step to -3 to make it spot on)
Even if they serve no other purpose, they will save you an awful lot of computing power!
He has the right to criticize who has the heart to help. Abraham Lincoln
  • #807
  • Oct 25, 2008 1:39am Oct 25, 2008 1:39am
images re the above post
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audjpy_vs_basket_candles.jpg Size: 60 KB
Click to Enlarge Name: basket_indicator_vs_sma.jpg Size: 110 KB
He has the right to criticize who has the heart to help. Abraham Lincoln
  • #808
  • Oct 25, 2008 10:58am Oct 25, 2008 10:58am
I have been lurking for some time between threads doing my best to understand this method clearly. It seems to me that it is just a matter of time until I can trade with confidence.

Thanks T101, for unselfishly sharing this system.

Between the two threads, I could only find one version of the indicator: profit calc. It was the original posted by T101 on the first page of the old thread. Has there been a new one for the IBFX (m) pairs? If so, could somone please point me in the right direction?

Thanks, Ebont
  • #809
  • Oct 25, 2008 3:18pm Oct 25, 2008 3:18pm
Quoting TickJob
looking at the screen capture every 5 minutes of past 1-2days:
http://www.tickjob.com/T101/T101IB-23-Oct.pdf

sometimes 1-hour lead the trend, and sometimes 4-hour or long timeframe lead the trend, could smeone suggest how can we determine which one to follow?
Thank you Tickjob,

This post was fantastic.That's the best way of back testing and knowing this system.

If you don't mind post some more of these screen captures or tell us how could we do that.

I was rolling this 290 pages all day and like individual frames which make a fantastic movie , now I see what this system means.

I figure out (by now) the best entry would be H4 in direction of daily but still I should study much more.

Thank you again and looking forward for more posts like this
Mike
Failure, is a wonderful teacher!
  • #810
  • Oct 25, 2008 4:15pm Oct 25, 2008 4:15pm
to capture screen from any software use the software Snagit.

i was thinking to do it but my Pentium 1.6 is not enough even ti un all indicators for the method.

one idea i gave in the previous post is to use the indicators clock and trader101 basket ind (first indicator smjones made for this method) so you can see the move.
  • #811
  • Oct 25, 2008 4:18pm Oct 25, 2008 4:18pm
last week screen capture every 5 minutes (28MB).
http://www.tickjob.com/T101/T101-20-Oct.pdf
hope more peoples can spot more things and share.

I uses Snagit software:
http://www.techsmith.com/screen-capture.asp


Quoting mike1349
Thank you Tickjob,

This post was fantastic.That's the best way of back testing and knowing this system.

If you don't mind post some more of these screen captures or tell us how could we do that.

I was rolling this 290 pages all day and like individual frames which make a fantastic movie , now I see what this system means.

I figure out (by now) the best entry would be H4 in direction of daily but still I should study much more.

Thank you again and looking forward for more posts like this
Mike
  • #812
  • Oct 25, 2008 5:15pm Oct 25, 2008 5:15pm
nice work tickjob thanks
  • #813
  • Edited 6:42pm Oct 25, 2008 5:43pm | Edited 6:42pm
Quoting TickJob
last week screen capture every 5 minutes (28MB).
http://www.tickjob.com/T101/T101-20-Oct.pdf
hope more peoples can spot more things and share.

I uses Snagit software:
http://www.techsmith.com/screen-capture.asp
Here is a indicator(by FerruFX) it does make screenshot of the chart by itself every time a new candle starts, If you like chart screen shot of 15min you put it on the M15 chart. a pictures(gif) is then saved in /expert/files folder of you MT4 broker. It is great tool as you can put it in the strategy Tester too.

I set mine to x 1050 (width pixel)and y 650 (height Pixel) for full chart capture.

Now where the market is closed you can test it by switching chart TF.
Attached File(s)
File Type: ex4 ScreenCapture.ex4   2 KB | 583 downloads
File Type: doc MT4 screen capture.doc   27 KB | 778 downloads
  • #814
  • Oct 25, 2008 5:45pm Oct 25, 2008 5:45pm
Thank you Guys
Failure, is a wonderful teacher!
  • #815
  • Edited 6:02pm Oct 26, 2008 5:51pm | Edited 6:02pm
I went Long (whole basket) just before GBPJPY beatiful 150 pip move and i'm up 600 pips in 15 min

Probably it's just a little retracement to close the gap at the opening but good time to earn money anyway

Edit.
I was stopped at 51Eur gain at 0.01 lots. I test it life with minimini lots...
  • #816
  • Oct 26, 2008 7:01pm Oct 26, 2008 7:01pm
Quoting Misiacyk
I went Long (whole basket) just before GBPJPY beatiful 150 pip move and i'm up 600 pips in 15 min

Probably it's just a little retracement to close the gap at the opening but good time to earn money anyway

Edit.
I was stopped at 51Eur gain at 0.01 lots. I test it life with minimini lots...
Good one, great start for the week for me as well. I went short on market open +120 and closed a long +600 for a total of +700ish. Wow as I am typing... shoulda held that long a bit more
  • #817
  • Oct 26, 2008 8:34pm Oct 26, 2008 8:34pm
Sorry folks but let me go off-topic now, but this is very important.

Someone from Fisherman’s forum was claiming that this system is his and we copy 8 of his scripts that open 16 accounts and he is saying that I am plagiarizing his work. What a lunatic!!! He doesn’t even know what he was talking about ..16 accounts are we doing that??? If you know this guy, please give him a piece of your mind and flood his thread with your observation. Just the truth, nothing more nothing less.

Also if anyone here seen a system like this before, I will give you my permission to scream at me and tell me I am a liar.

I think this system is becoming very popular now because people that are selling scam are feeling threatened. Traders are slowly making money and we are tilting the balance to the traders favor and their business is going down. I also have a theory that this people are agents (guard dogs) that will do anything to destroy any free system that makes money. There are other systems here in FF and other forum, why are they not being targeted?

If you want this guy thread PM me and I will give you the link.

Thanks
Julius
  • #818
  • Oct 26, 2008 8:45pm Oct 26, 2008 8:45pm
Julius,

I know the person you are referring to, that person is a scam artist. Also. that person has been booted off many forums. I would not even give him the time of day.

Regards,
Jeff

Quoting trader101
Sorry folks but let me go off-topic now, but this is very important.

Someone from Fisherman’s forum was claiming that this system is his and we copy 8 of his scripts that open 16 accounts and he is saying that I am plagiarizing his work. What a lunatic!!! He doesn’t even know what he was talking about ..16 accounts are we doing that??? If you know this guy, please give him a piece of your mind and flood his thread with your observation. Just the truth, nothing more nothing less.

Also if anyone here seen a system like this before, I will give you my permission to scream at me and tell me I am a liar.

I think this system is becoming very popular now because people that are selling scam are feeling threatened. Traders are slowly making money and we are tilting the balance to the traders favor and their business is going down. I also have a theory that this people are agents (guard dogs) that will do anything to destroy any free system that makes money. There are other systems here in FF and other forum, why are they not being targeted?

If you want this guy thread PM me and I will give you the link.

Thanks
Julius
  • #819
  • Oct 27, 2008 6:29am Oct 27, 2008 6:29am
Hi Julius / Hi Folks !

I've taken an actual snapshot of the EUR/JPY Chart.
Below you will see the basket indicator in 1h and 15min chart.
Above is the EUR/JPY Chart.

With reference to slade who mentioned that for him EUR/JPY
is an indicator for basket direction I have the following questions :

1. When do we have an indication for the next uptrend ?
My suggestion would be cross at 1h chart and long after cross at
15min chart.

2. What time frames do you recommend ?
(Julius mentioned 30min / 5min)

Happy Pippin

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy.gif Size: 75 KB
  • #820
  • Oct 27, 2008 8:28am Oct 27, 2008 8:28am
Hi Folks !

Attached you will find a similar chart of EUR/JPY as posted before.
I've changed the time frame of the basket indicator to 30min and 5min.
30 min still crossed and after 5min cross I went long.

Julius could you comment my entry ?

Happy Pippin

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy.gif Size: 71 KB
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