Indicators development for T101's not very simple method

compare the T101 with trading US-Index ???


http://i285.photobucket.com/albums/l...t18-marbis.jpg

do you have the GBP and JY futures as well? I would like to see that but yes, Julius has talked about this before after being hounded by one member to take a look. he finally did and said it would be something to really look at to know which way to trade.

I do use the basket indicator. but i use it on custom time frames. Julius used it on the m5 and h1 i use it on the M10 and H2 with a script that makes off line chart with custom time periods. lil smoother

Hi Banana!
Wich indicators do you use?
Can you share it?
Wave pink in chart is plotted by usdix indicator?
Thanks!

http://i285.photobucket.com/albums/l...ket18-mar2.jpg

slowpork,

You should have gotten either an Alert or a print in Experts tab in Terminal that you can't have both Automatic and Manual backtest set to true.

If you are wanting to change start and endtimes and do a manual backtest, make manual backtest true, change positions of lines to bars you want, right-click and refresh. if you want automatic, you won't be changing start and end times, but it will start n weeks back and automatic update one bar in backtest per tick that comes in in real time, until it gets to the end, and will then switch to functioning as a normal IA with starttime n weeks back.

Regards,

Don

I'm glad someone caught on. The Sentinel/Sentinal I've talked about is a custom USD-index. Look at it compared to my BuyAll.

In fact, hazelj80 was heading in the right direction when he looked at groups. I have updated the indicator he posted by trader101 for personal use only. I disagree with trader101 having USD "group" and JPY "group" where, as a trader, I am assuming he's buying or selling USD or JPY. It doesn't look like that though when I recreate his groups profitchart indicators. It looks like in USD version, sometimes he's buying USD, sometimes selling USD. Same for JPY. I could be wrong.

However, I've just simply extended upon Sentinal (aka BUYUSD), and instead of counting USD/JPY in buying USD (by buying USD/JPY), I've ONLY included USD/JPY in JPY group (by selling USD/JPY). This way, I don't cancel the USD/JPY trade out, and actually get to take it if I want. But I treat USD and JPY separately, and can trade either one or both.

Actually, I really like the basket. Easier than separating out and optimizing like trader101 talked about. But if I wanted to, I could just separate out USD and trade only pairs that had USD in them, separate out JPY and only trade pairs that had JPY in them, etc. I don't have to stay with the basket. The thing is, like trader101 said, this is a treasure trove. More strategies his group seems to be creating all the time, looking at his blog. You start, and you see that all are profitable. Which is the most profitable? Maybe the basket, from what Julius says. That's what I'm trading now in demo, and can say that once I get timing down the best I can (and have multiple methods at moment), that this is one strategy I'll never leave. Basket trading is IT as far as I'm concerned. I've known this myself since I used a personal BuyUSD indicator (not Sentinel) back in August I think of '08, when I saw the trend up on daily chart, took the trades, and got over 2000 pips in a couple weeks. Then since I didn't know how to fix the indicator, got off-track following multiple other strategies, got confused... long story short, TRO gave me a link here a long while back. With hazelj80 I got re-acquainted with T101, and I'm doing this only right now. Made a wrong call a few days ago, held on, put more trades on when I thought I knew direction the next day, and came out around 1000 pips up between a couple brokers. Who can not like that? I mean, timing is what has to be achieved. I probably should be using Orest's latest 1.18 (which I think he posted twice, and I would be talking about the 2nd one he posted as v1.18).

Regards,

Don



(

banana9009,

Do you have a template for that setup you would be willing to share?

I've noticed what you're seeing, but a long while back if I remember correctly, the basket and USD didn't do an exact mirror image of each other (meaning that sometimes USD would go up and basket would go up too). But looking at USD vs JPY, they seem to be almost a mirror image (well, maybe not, since I've tried both groups with USD/JPY, both without, USD with and JPY without, JPY with and USD without, and can say that really that setup seems the smoothest: To BuyUSD, you would buy pairs that begin with USD and sell pairs that end in USD, and to SellUSD, you'd do the opposite. To BuyJPY, you'd Sell all pairs that end in JPY. For SellJPY, you'd do the opposite).

I'm actually selling the basket right now and not looking at charts, so we'll see if I'm still in profit when I get home.

As i said before , when the us-index break the trend - line , close all BUY-BASKET , and make a new BUYUSD/ SELL-BASKET .

http://i285.photobucket.com/albums/l...ket19march.jpg

Dear Orest ,

I just take me 2 days to know how to use your v1.18 EA.
and after 3 days running with real account.
if gave me a huge profit .
i can believe ! -
just call : EASY-MONEY .

http://i285.photobucket.com/albums/l...easy-money.jpg

I've been running v1.18 BUY_SELL_ADX_Business_rules for a week but have yet to see a trade. Tried fiddling with settings but still no luck. Can someone provide a proper settings file that will make this EA execute trades or show the settings they are using. Thanks for the help.

here

Hello banana,

Nice job ... what setting you use for this result ? 1000/week its huge profit

Regards.
Ludo.

Hi Banana,

Very kind of you to post presets. Do you run more than one timeframe (instance) at the same time? If not, which timeframe is best.
Thanks for your help.

Hi, thanks...
When you decide go sell basket? when indicator say LONG (Strong ) ?

Can you share T101_v1.18_BUY_SELL_ADX_Business_rules_orest(2) EA and BUY_SELL basket scripts ?

Do you look at 30 min TF only for take decision to go sell/buy basket?
How do you know when you must close all baskets?

Thanks..
I attach a picture

i do nothing , just put the EA in the chart, load the script, and it will do automatically ! FORGET it until the end of the week,

EA and the scripts already post in this thread ! Just search around !
HUGE PROFIT !

Hi banana, inside your preset there have several files, which one you are using? ae you use 4 of that with open 4 orest? is it still need to use the basket indi or just apply the orest ea with your attachment is fine? How to set your trading risk percentage for example 10kusd account. 1usd per per pip? Have your good day
Regards:
Titan

hey banana, can you please give the names of the scripts you are using with "T101_v1.18_BUY_SELL_ADX_Business_ru les_orest" EA?

You have shared many settings, which one you are using to get that great results?

Thanks!

Orest,

The thing is here, that I think Fibs should work on ANY basket. Why? What are Fibs? Fibs show turning points in prices. Baskets are nothing but buying everything or selling everything. Don't need a hedge for that. But the hedge/making Buys and Sells, was ingenious. My BuysVsSells can be seen making a new trend (starting expanding above a certain point after ranging, starting to contract after a period of expansion). I would say though, that this is probably one of the most profitable baskets, because of the currencies being put in there the way they were.

Having said that, do you realize that IBFX pairs and non-IBFX pairs DON'T have a lot in common on their Buy and Sell lists? Half the IBFX Buy pairs are Sell pairs in non-IBFX, and vice versa. And some pairs don't exist in one but do in the other. You can make money just selling or buying USD (USD-index, Sentinel, etc., and not trade non-IBFX or IBFX pairset), or do the same with just JPY as one poster has said they do. We're just dealing with price action of multiple currencies and viewing them as one profit line. And what is our bottom line? Profit.

But yes, since baskets are made up of individual currencies, and individual currencies adhere to trendlines, support, resistance, fibs, etc., then it WOULD make sense that baskets, which again are mere combinations of the individual pairs, and when we look at the bottom line, it's price action. Price must do 1 of 3 things: Go up, go down, sit still. And it doesn't like to sit still for too long, so there's opportunity.

Actually, I don't want you to think I'm minimizing trader101 at all. I think that what I read in another forum (I'll have to paraphrase), trader101 describes what he stumbled upon: (again, a paraphrase, but IMHO the crux of the system, other than profit-locking which is also ingenious, since he had to realize this before he could get to tracking the basket movement) "I realized no matter what baskets I made, that buys were always losing and sells were always winning, or vice versa. And this just didn't make any sense unless they (the currency pairs) were all going the same direction."

2000 pips begginning of the weeks with Orest EA 1.18

http://i285.photobucket.com/albums/l...ket22march.jpg

Can you share the "exact" EA what you use?
Thanks!