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Signals for Simplicity

  • #1,121
  • Dec 1, 2008 12:45pm Dec 1, 2008 12:45pm
Quoting shiva
Simple, Orest indicators 15m must conform to the trade direction (Long/short)
And on t101basketindi a trendline break is confirmation as per attached picture.

Attachment

Edit: I think t101basketindi can be treated just like a normal line chart with S/R, trendlines etc

Thanx Shiva,
this what i understood now.. (first cross in short case so Vice Varsa for long)

Let all confirm and Open Positions.
Attached Image (click to enlarge)
Click to Enlarge Name: all in one.png Size: 274 KB
Never sell @ lower upward channel unless breacked and vise versa .
  • #1,122
  • Dec 2, 2008 1:53pm Dec 2, 2008 1:53pm
Quoting madyeuh
Been away for awhile, interesting to see that this "system" is still going on. I rememberd it a few days ago and decided to read up on it again. Tell me deciples, how things been? Any of the old problems of whining and infighting?
Hmmm Been a way for a while come back and start stirring crap even though your showing only one post????? I have a great new user name for the NEXT time you get banned how about NOT CLEVER?
  • #1,123
  • Dec 4, 2008 12:27pm Dec 4, 2008 12:27pm
Hi Trader101,
I just want to thank you for this wonderful piece art you have presented.
Absolutely brilliant.
This also goes out to Orest, crodzilla and the rest of the gang who have
contributed to this.

Thank you, guys.


Simex
  • #1,124
  • Dec 13, 2008 5:42pm Dec 13, 2008 5:42pm
Hi all
This is my first posting on this FF forum
I been a silent reader n learner
Are we continuing this thread
Cas I thinkg it is one of the greatest thread ever
This one n Trader 101 simple method threar
Are we done posting here
Anybody Trader 101,latecomer,orest,trendchaser
  • #1,125
  • Dec 18, 2008 11:08pm Dec 18, 2008 11:08pm
Quoting piphater
Hi all
This is my first posting on this FF forum
I been a silent reader n learner
Are we continuing this thread
Cas I thinkg it is one of the greatest thread ever
This one n Trader 101 simple method threar
Are we done posting here
Anybody Trader 101,latecomer,orest,trendchaser
Well, somethings are better kept...


I'm joking, but really everything that is needed to be learn on how to use this strategy has already practically been posted (or scattered, LOL!).

The rest is really up to us as individual's to implement according to how well we have come to spot the basket moves, and make it our own...
  • #1,126
  • Dec 19, 2008 8:51am Dec 19, 2008 8:51am
... It's been fun hanging around and learning. As per this method (T101 Basket trade), I have my style of trading it now and I'm getting a hold on it. Year 2008 is been good, but 2009 is going to be tremendous. All I want to say is a BIG THANK YOU to T101 and all viewers, readers, contributors, even critics of this method, which ever way you participated, it was all good, for me its been a learning experience.

MERRY XMAS AND MORE POSITIVE PIPS IN THE NEW YEAR!!!!
  • #1,127
  • Dec 19, 2008 2:21pm Dec 19, 2008 2:21pm
Quoting ayoneeyee
... It's been fun hanging around and learning. As per this method (T101 Basket trade), I have my style of trading it now and I'm getting a hold on it. Year 2008 is been good, but 2009 is going to be tremendous. All I want to say is a BIG THANK YOU to T101 and all viewers, readers, contributors, even critics of this method, which ever way you participated, it was all good, for me its been a learning experience.

MERRY XMAS AND MORE POSITIVE PIPS IN THE NEW YEAR!!!!
...
Merry Xmas to all!
Ayo could you PM me
Sweetjoshan
  • #1,128
  • Edited 7:23am Dec 21, 2008 6:57am | Edited 7:23am
Hello all,

I have been reading with avid interest the many posts on Trader101's Basket Trading System.

One question that I have (and that I hope someone can answer) is how exactly are the 7 buy pairs and 7 sell pairs that make up the basket actually chosen?

If one is using IBFX then the recommended pairs are...

Buy Pairs Sell Pairs
--------- ----------
1. GBPUSD 8. EURUSD
2. EURGBP 9. USDJPY
3. GBPJPY 10. AUDUSD
4. USDCHF 11. NZDJPY
5. NZDUSD 12. GBPCHF
6. AUDJPY 13. CHFJPY
7. EURJPY 14. EURCHF

My understanding from what I have read is that these sets of pairs were chosen because they hedge against each other. Beyond that though I haven't been able to find any information on what method was used to choose these particular pairs.

Understanding that would provide valuable insight into the underlying dynamics of the basket and the system itself.

In addition, given that the correlation of pairs changes over time would the pairs that make up the basket need to change so that the basket remains optionally hedged or balanced?

I'm sure that someone has probably asked these questions before but given the sheer volume of posts regarding Trader101's system I haven't been able to find the answers.

Regards,

Laurence.
  • #1,129
  • Dec 22, 2008 7:09pm Dec 22, 2008 7:09pm
Quoting lhookway
Hello all,

I have been reading with avid interest the many posts on Trader101's Basket Trading System.

One question that I have (and that I hope someone can answer) is how exactly are the 7 buy pairs and 7 sell pairs that make up the basket actually chosen?

If one is using IBFX then the recommended pairs are...

Buy Pairs Sell Pairs
--------- ----------
1. GBPUSD 8. EURUSD
2. EURGBP 9. USDJPY
3. GBPJPY 10. AUDUSD
[FONT=Lucida...
Laurence don't be lazy please go through the entire thread.It will do you a lot of good.Everybody is aiming at perfection now nobody wants to go back to the kindergarten of the system.
  • #1,130
  • Dec 23, 2008 6:07am Dec 23, 2008 6:07am
Julius was kind enough to answer the question I posed.

His response can be found here:

http://www.forexfactory.com/showpost...postcount=2087

Regards,

Laurence.
  • #1,131
  • Dec 23, 2008 12:48pm Dec 23, 2008 12:48pm
I put together a simple spreadsheet that calculates the balence of Buy and Sell sets entered by the user, according to the selection rules given by Julius.

maybe someone might find it useful.

Happy holidays to all.

Thanks again Julius.

http://www.forexfactory.com/showpost...postcount=2091
  • #1,132
  • Edited 8:53pm Dec 23, 2008 6:50pm | Edited 8:53pm
Julius.

I noticed on your blog that you seem to be using a version of Basket Candles. I lost contact with PriNova so built my own one based on smj's Basket Bars. I believe it must be similar to yours, perhaps a different divisor. I just used 1000.

Anyway, I've included it here because if people want to investigate other currency pairs in the basket it is by far the easiest indicator to use to see if the basket is different enough from the Universal Pairs to warrent futher investigation. Personaly I am looking for a Basket Currency, as I shall call it, that is quite different from the Universal Pairs Basket Currency currently being used. Not that there is anything wrong with the pairs, I am having great success with them, but just as a matter of interest to see if other Baskets, perhaps not so Yen based will show similar good results. I have a feeling they will.

I have included the indicator and a template with some sma's on it as shown in image.

I will work on the DB app that compares the IBFx 24 (Major-currency based) currency pairs over the next few days. There are millions of possible basket combinations depending on how many pairs you want on each side of the hedge and the pool size of pairs, in this case IBFx's 24.

24,8 = 735,471 (4 Buy pairs & 4 Sell pairs)
24,10 = 1,961,256 (5 Buy pairs & 5 Sell pairs)
24,12 = 2,704,156
24,14 = 1,961,256
24,16 = 735,471
24,18 = 134,596
24,20 = 10,626
24,22 = 276

But obviously 99% of these will be thrown out when they fail the equal spread/DailyATR100 rule, and of the few thousand left I am expecting only a handful to form a balenced circle, but I may be wrong ... there could be hundreds .... anyway I will let you know what I come up with and hopefully have a new selection of baskets to play with by the New Year.

But for now I have included a couple of images that show any non exprienced coders what changes need to be made to the indicator code to reflect the different pairs they may want to investigate.

.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: BsktBrs MTF and Template.JPG Size: 111 KB
Click to Enlarge Name: BsktBrs Pair Vars.JPG Size: 32 KB
Click to Enlarge Name: BsktBrs Code mod.JPG Size: 133 KB
Attached File(s)
File Type: mq4 BsktBrs HL.mq4   8 KB | 753 downloads
File Type: tpl bsktbrs14 sma10 50 100 200.tpl   2 KB | 680 downloads
  • #1,133
  • Dec 23, 2008 7:38pm Dec 23, 2008 7:38pm
As an example of using the indicator with only 10 Currency pairs I have included here the same indicator loaded up with only 5 Buys and 5 Sells.

Julius gave this set a long time ago as a possible one to use if finances are limited.

The spreadsheet stats for this Basket Currency are not that great ... but when loaded on the indicator / traded with .... they give almost identicle charts and similar account results, obviously less invested = less returned ..... but also less lost if it goes against you.

I have included it here so non experienced coders can see the code sections I mentioned above that need to be changed.

Happy Hols.
Attached File(s)
File Type: mq4 BsktBrs10 HL.mq4   7 KB | 767 downloads
  • #1,134
  • Dec 24, 2008 8:52am Dec 24, 2008 8:52am
Thanks for your effort so far. I wish you Merry xmas and prosperous new year.

Quoting Cdavid
As an example of using the indicator with only 10 Currency pairs I have included here the same indicator loaded up with only 5 Buys and 5 Sells.

Julius gave this set a long time ago as a possible one to use if finances are limited.

The spreadsheet stats for this Basket Currency are not that great ... but when loaded on the indicator / traded with .... they give almost identicle charts and similar account results, obviously less invested = less returned ..... but also less lost if it goes against you.

I have included it here so non experienced...
  • #1,135
  • Edited Dec 27, 2008 3:57pm Dec 26, 2008 6:10pm | Edited Dec 27, 2008 3:57pm
Hey Guys n Girls.

I have overcome an initial problem, but now run into one that I could do with some help on.

Firstly all the combination generation software available out there was not up to the job, either it didn't support a large enough Pool Size or didn't allow enough combinations.

So I put together a Windows application that does the job because I wasn't going to pay the $100's of dollars that people wanted for the fancy stuff.

It runs fine, it is just going to take a gutsy machine to run the larger sets. Even the professional software out there would struggle with the sets we need. I'm running XP on a 2 Gig Ram machine and its struggling.

Anyone out there like to give it a go. A Vista machine with a nice processor and LOTs of RAM would be ideal.

The zip unpacks to a deployment set of files, you just need to run the setup.exe. Nothing dangerous I promise and it can easily be uninstalled in ControlPanel/Add Remove Programs.

Just install it and play with it on some small sets if you like... it is finished when you see:-
100% PercentComplete
and
Total Lines = xxxxxx in the textbox below all the combinations ... and a new message saying it is complete

You will need to select all the combinations in the textbox:-
Click in the text box ... then press Ctrl & Home to take you to the top of the box.
Ctrl & Shift & End ... will select the entire list.
Then Ctrl C will copy it to the clipboard.
Paste it into either NotePad or WordPad and save as a txt file.

Then email it to me, it should not be that large. Be careful that you have pasted it into a txt file and saved it before you close down the CombinationsGenerator app... you dont want to be doing it all again.

I have the DataBase all set up to recieve the combinations file and I have run the sets below.
24,20 = 10,626 combinations
24,22 = 276 combinations

I am currently running the
24,16 = 735,471 combinations
24,18 = 134,596 combinations
sets on my two machines and its probably going to take a couple of days.

The image is of the 24,16 set with 735,471 combinations and its been running for an hour and still only on 1%. .

The Big Sets are going to be a problem.

24,10 = 1,961,256
24,12 = 2,704,156
24,14 = 1,961,256.

Any help would be greatly appreciated.

I am hoping the DB side of things will not be such a problem as we will be kicking out 99% of the combinations in the very first steps.... I hope.

Oooooohhhh 2% now.


EDIT: ver1 of the Combination Generator was a bit buggy, not a lot of error checking or user feedback. it was also possible to have multiple classes running if you accidently hit the start button when already running a list. not good.... Any way this new version takes care of all those problems. I'm afraid it wont run any faster ... just neater. So if you are running any of the large sets you wont need to re-start with this version.
Attached Image
Attached File(s)
File Type: zip CombinsDeployment.zip   225 KB | 469 downloads
  • #1,136
  • Dec 27, 2008 7:25am Dec 27, 2008 7:25am
Hi All.

I see a few of you have downloaded the combinations app... thats great.

The app will slow down the performance of your machine so here is a quick tip for those that dont use it to speed the app up or slow it down.

Using Task Manager (Ctrl Alt Del).. In Processes tab ... RightClick on any particular process ( in this case WindowsApplication1.exe ..... (I didnt say it was pretty .. hahah) and select Set Priority... then set it to :-

High ... will almost totally take over the machine.. use this overnight.
Below Normal ... when you want to use the machine for other tasks .. ie trading.
and say yes to the warning of instability .. ( this only affects system & network apps)

The images show what I mean.

This is also a handy thing to do each morning, I allways select explorer.exe in Processes .. rightclick.. EndProcessTree.... this will close down all non system essential processes ( they use to be called Terminate and Stay Resident TSR's apps) which are all those crappy icons in the Windows tray of stuff that you never use ... IPodwhatever...PrinterWhatever.

You can then restart explorer in TaskManger/Applications/Browse .. c:WINDOWSexplorer.exe..... but a lot of the time I dont even restart explorer ... it is quite memory hungry... but use this process to start just the apps I am going to be using that day... ie My trading platform and my screen extender software... and set their priority to High.

This tip does no harm if you only drop the user/administrator apps... dont drop the system or network stuff.

Hope this helps ... and thanks again to anyone that is attempting the larger sets .... I made a miscalculation on the size of the file produced ... the 2.7 million set (24,12) will actually produce a Notepad file of around 180 meg !!! ...but we can break it down into smaller ones.... please dont let that put you off attempting it if you have a fast machine.

Thanks Again.

.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CombANDTaskManagerPriorityIMAGE.JPG Size: 144 KB
Click to Enlarge Name: WTMNewTaskImage.JPG Size: 48 KB
  • #1,137
  • Edited 8:06pm Dec 28, 2008 2:48pm | Edited 8:06pm
Ok. Which one of you clever ba$*+@*'s KNEW I was getting it wrong and DIDN'T tell me.... come on ... I know someone out there must have seen it.

I just realised there is flaw in the comparison logic I was employing. I was most of the way through crunching the numbers in the DB app for the 24,22 and 24,20 combination sets when I realised it.

The sets generated dont compare all possible combinations...... arghhh.

Im an Idiot ... and someone should of Kindly told me so.

Take for instance the 24,20 set with 10,626 possible combinations. I thought that would be the complete list of combinations for 10 sell currency pairs and 10 buy currency pairs. Of course it isnt ... idiot. That list misses out a large chunk of possible combinations.

What I should be comparing is all the combinations in a 24,10 set which is 1,961,256.... with every other member of the same set according to the rules.

ie all possible 10 pair combinations on the Buy side with all possible 10 pair combinations on the Sell side. And run each comparison against Julius's selection rules.

1) No duplication of a pair in the List.
2) Equal Spread / ATR for the Buy and Sell Side
3) Individual Currency contributions from the Buy and Sell side balence out exactly.

All those combination sets I mentioned that are above 24,12 serve absolutely no purpose at all, so if you are running any of them .... sorry.

But could you give the lower sets a go ..... hahahah.

This makes the overall task a bit more complex, but not that much, again most possible combinations can be kicked out in the first few queries.

The generation of the entry list is the initial problem because of the amount of time it takes. The DB side of things takes about the same amount of time.

As I am mostly interested in finding a selection of Baskets that are not so Yen based. I have restarted the combinations generator doing the 24,7 set .. which will generate 346,104 possible 7 pair combinations...

Thats 346,104 possible non-duplicated 7 pair lists on the Buy side... and for EACH ONE of those I will need to compare it with 19,448 (17,7) possible non-duplicated 7 pair lists on the Sell side.

Making .... for a 7 Buy and 7 Sell hedge .... Six Billion SevenHundred and ThirtyOne Million possible 14 pair combinations with no currency pair duplicated in the 14 pair list ..... .

But Obviously I wont be doing it that way... I think I will calculate the Individual Currency contribution on the Buy and Sell sides first... then only compute the Spread / ATR percentage difference on those 14 pair lists with balenced Buy/Sell Currency contributions.... Im not sure yet.... but I think thats the way to go.

Interstingly the 24,12 (12 Buys and 12 Sells) set with 2,704,156 poss 12 pair list combinations is probably the easiest. As 12 non-duplicated pairs on one side means the number of poss non-duplicated combinations on the other side is only 1 (12,12) ... meaning that there is only 2,704,156 total possible combinations. But its the generation of the initial list thats the problem.

However Julius has mentioned that the more pairs on each side the better. So if anyone else wants to use the new combins generator to generate the list for 8 Buys and 8 Sells,the 24,8 set or even the 9 Buys and 9 Sells 24,9 set. I will gladly run the lists once generated. But I warn you it will probably take days..... and then some.

Sorry again if anyone was attempting the larger sets.
  • #1,138
  • Edited 5:34pm Dec 28, 2008 5:19pm | Edited 5:34pm
Great stuff Cdavid, I greatly apprieciat it, would be tremendous it you could post the combos when/if you crunch them, my PC's got way to much stuff on it and if I push it any harder I may have to shoot the poor thing. If you don't post them could you please post an update of your app with corrected logic so I can run it when I get it cleared up. I agree with you, the more pairs on each side the better.

Just one question, why the dislike of the reliance on the YEN?

Quoting Cdavid
Ok. Which one of you clever ba$*+@*'s KNEW I was getting it wrong and DIDN'T tell me.... come on ... I know someone out there must have seen it.

I just realised there is flaw in the comparison logic I was employing. I was most of the way through crunching the numbers in the DB app for the 24,22 and 24,20 combination sets when I realised it.

The sets generated dont compare all possible combinations...... arghhh.

Im an Idiot ... and someone should of Kindly told me so.

Take for instance the 24,20 set with 10,626 possible combinations....
  • #1,139
  • Dec 28, 2008 6:36pm Dec 28, 2008 6:36pm
Quoting RedPadisha
Just one question, why the dislike of the reliance on the YEN?
It started off as just an interest in other possible baskets and to give me something to do till Jan .... as Im not trading in these low volume markets.

But now its turned into a bloody obsession. hahahah.

Its been a while since I wrote a DB app and its been quite fun messing around with set theory again.

The recursive logic for the Combins generator I found online for Lotto number generation, I just modified it for the larger sets. The recursive walk is not the best way to do it as far as I can see, but it is the easiest to code... the other formulas were WAY beyond me.

As for the current Yen based IBFx Universal pairs, there is nothing wrong with them at all... I am having quite a success with them... but my current way of trading the Basket means a lot of waiting around ... even if I only trade in the short term... I wait for the better setups .... so the idea of another basket that is completely different giving different hedged setups appeals to me.

Now Im just being pig headed and refusing to give up. Its no biggie really, I can crunch the numbers on my secondary machine in the background while still trading on my main pc.

Hope you Guys n Girls all have a great New Year.
  • #1,140
  • Dec 30, 2008 6:55pm Dec 30, 2008 6:55pm
Anybody attempting the big one.

I was going to set my main pc up running the biggest set 24,12 if no one else is attempting it.

If so can you let me know how far you have got.... I'll do the 24,11.

.... possibly start on Thursday if I dont hear back from anyone.

Thanks again.
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