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Attachments: Basket 14 EA System
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Basket 14 EA System

  • #321
  • Sep 14, 2010 11:53pm Sep 14, 2010 11:53pm
I just had an idea & so put a simple indicator together for it. I'm not sure it's really of any use or how different it would actually work out being from using RVI to determine which way to open the baskets.

It calculates the linear regression of all pairs in each basket then gives each basket a score out of seven, which represents the number of pairs in the basket that are above their linear regression point. The expectation is that they will revert to the linear regression point over time.

Therefore, if you had a score of say 6 for the first basket & 2 for the second basket you would sell the first basket & buy the second. What do people think?

The defaults are 8 periods of 15min to calculate the numbers, but I don't know what would work best.

The code is not very pretty, feel free to use it, butcher it, or ignore it.
Attached File(s)
File Type: mq4 Multipair Linear Regression.mq4   3 KB | 408 downloads
  • #322
  • Sep 15, 2010 12:27am Sep 15, 2010 12:27am
Quoting frazerd
This one has closed 3 times now and is up 2.8% in 3 days.

Since I loaded the corrected version it seems to be working perfectly - no same-pair multiple trades opened on the hour. And taking about 1% profit with each close-all.
Yeah, this one is also the winner for me this week too, probably because there's no trim and reverse going on.
  • #323
  • Sep 15, 2010 12:34am Sep 15, 2010 12:34am
Am new to this thread and i i want somebody to be patient and help me explain. I saw about 7 EA which i actually downloaded. But my question is,do i use all the EA at once on one pair or should i put them differently on different pairs? or one at a time. I read the faq but couldn get the explanation there. Every seems to be very fast on this thread
  • #324
  • Sep 15, 2010 2:21am Sep 15, 2010 2:21am
Quoting tazmaan
Yeah, this one is also the winner for me this week too, probably because there's no trim and reverse going on.
I'm using the original Basket14_01 as of 0000GMT Monday with an ET of 2 and a ProfitPct of 1% and it has closed in profit 5 times so far.

A few minutes before that I started exactly the same on a different sized account and it closed in profit 3 times so far. Because of the different start time it reversed different pairs which resulted in it getting stuck with a losing basket while the other one closed in profit an extra two times. So, the time of entry makes a big difference, although I expect it will all even out in the long run.
  • #325
  • Sep 15, 2010 4:58am Sep 15, 2010 4:58am
Is anyone testing basket14 ver 05 or am I the only one
  • #326
  • Edited 7:54am Sep 15, 2010 6:45am | Edited 7:54am
I have one question please. I put Oneway on a chart and he opened trades and in 2 hours closed trades. However he didn't open more trades. Is this what he does? or should he always have trades open?
Thank you.
  • #327
  • Sep 15, 2010 7:58am Sep 15, 2010 7:58am
Quoting sanyhuis
I have one question please. I put Oneway on a chart and he opened trades and in 2 hours closed trades. However he didn't open more trades. Is this what he does? or should he always have trades open?
Thank you.
Yes, Oneway only opens trades when the RVI parameters are met. It will open trades again when the RVI tells it to.
Frazer
  • #328
  • Sep 15, 2010 8:04am Sep 15, 2010 8:04am
Quoting The Preacher
Am new to this thread and i i want somebody to be patient and help me explain. I saw about 7 EA which i actually downloaded. But my question is,do i use all the EA at once on one pair or should i put them differently on different pairs? or one at a time. I read the faq but couldn get the explanation there. Every seems to be very fast on this thread
You should read this entire thread to get an understanding of what is going on and how the EAs work. These EAs are NOT to be used together on separate pairs. Each EA controls a basket of 14 pairs and is only placed on 1 chart, 1 EA to an account. DO NOT run more than 1 EA in 1 account.
Frazer
  • #329
  • Sep 15, 2010 8:14am Sep 15, 2010 8:14am
Quoting frazerd
Well I guess not. My demo is down $200 now
Now it has trimmed 6 times and has 8 shorts and 6 longs, so we are essentially back to a Basket14. The PL is positive now, but a long way from equity pop.
Frazer
  • #330
  • Sep 15, 2010 8:45am Sep 15, 2010 8:45am
Add on has had 6 pops in 36 hrs. That's 3 days...... I could get used to this.
Oneway was on the chart for 2 hrs and closed out.
So nice.
  • #331
  • Sep 15, 2010 9:00am Sep 15, 2010 9:00am
Meta: I am now @ Flat equity of $53,712 next profit target of $54,249 - You guys can do the math - Loaded up the Confirm14_03 on 9/7/10.

I must say Metacoder that I am still in dis-belief but this thing is incredible and many many thanks to you. It is boring though just watching the equity increase everyday - Thanks Again Juiceman
  • #332
  • Sep 15, 2010 10:22am Sep 15, 2010 10:22am
Started with a 50K account on 9/7/10 - Flat equity @$54,172.00 Profit target @ $54,713.00 - Do the math - Thanks Meta Juiceman
  • #333
  • Sep 15, 2010 10:45am Sep 15, 2010 10:45am
Quoting skoda2008
I just had an idea & so put a simple indicator together for it. I'm not sure it's really of any use or how different it would actually work out being from using RVI to determine which way to open the baskets.

It calculates the linear regression of all pairs in each basket then gives each basket a score out of seven, which represents the number of pairs in the basket that are above their linear regression point. The expectation is that they will revert to the linear regression point over time.

Therefore, if you had a score of say 6 for the first...
Just from reading your post, it looks like you are thinking along the lines of a direction I want to go. It will take me a while to digest the in'dicator. Thanks!
Open to new approaches.
  • #334
  • Edited 11:05am Sep 15, 2010 10:54am | Edited 11:05am
In attempt to clear up questions the Oneway14_02 EA -- yes, clearly the EA can close for a loss.

What's causing it is closure when the RVI signal lines go above/below 0.0, which I thought would almost always provide profit when coming from a +/-0.15 level. I was wrong on that one!

As it turns out, SOMETIMES our entry criteria will get us to quick profit, but other times, it won't. Trading the whole basket of 14 in one direction is still NOT my favorite way to go and once again I've found more reinforcing evidence against doing it.

So now that both the entry and exit criteria haven't lived up to my expectations, I am tossing the underlying concept out the window. However, I will provide one more version that does not exit on RVI but still lets the trim'n'reverse do its thing.

On the other hand, the Add EA looks pretty good on my own demo and apparently on some of yours, too.

I'll pursue variations of Add, but more than that I still want to investigate some of the interesting in.dicators you guys have been offering in an effort to find a highly reliable way of picking the correct sides to buy and sell to get into fast profit via this pure synthetic hedge.

Thank you for all the testing and feedback. I'm sorry I can't implement all of the suggestions but I had to learn some time ago to carefully pick and choose which suggestions I explore. I haven't always picked correctly and at times I'll pick one that DOES NOT make sense to me just to prove to myself whether my judgment is sound or not. Sometimes good things have come from that kind of exercise.

Good trades to all.

Oneway14 version 03 does not exit on RVI but still lets the trim'n'reverse do its thing.
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Attached File(s)
File Type: mq4 Oneway14_03.mq4   43 KB | 348 downloads
Open to new approaches.
  • #335
  • Sep 15, 2010 10:57am Sep 15, 2010 10:57am
OneWay opened trades this morning and is currently sitting at 25% loss. Is that normal? Does this thing have a stop loss built in (RVI reversing trades should stop and reverse too). Will it ever get in +ve territory? Do I need to intervene?

Meta and Frazerd need your advice.
  • #336
  • Sep 15, 2010 11:00am Sep 15, 2010 11:00am
Oh just forgot to mention that when OneWay14_02 opened up sell orders (all 14) the T101 method was suggesting all buys. Contradictory but I let both do what they wanted to and results are OneWay 25% loss and T101 over 25% gain. May be a better idea would be to run OneWay and T101 thing on separate demos and take all buy or all sell trades in live account (or a 3rd demo) when they both agree.
  • #337
  • Sep 15, 2010 11:02am Sep 15, 2010 11:02am
If you've got a 25% loss I'd say you will want to examine your settings for your account type and leverage level. But as you see from my last post, I'm not a huge fan of all 14 pairs in one direction. Sometimes it works great to grab the tiger by the tail with both hands, other times it turns out you've grabbed the tiger by the teeth!
Open to new approaches.
  • #338
  • Sep 15, 2010 11:08am Sep 15, 2010 11:08am
Quoting forexripper
Oh just forgot to mention that when OneWay14_02 opened up sell orders (all 14) the T101 method was suggesting all buys. Contradictory but I let both do what they wanted to and results are OneWay 25% loss and T101 over 25% gain. May be a better idea would be to run OneWay and T101 thing on separate demos and take all buy or all sell trades in live account (or a 3rd demo) when they both agree.
I don't doubt that others have done a much better job than I have of figuring out which direction to go with all 14 pairs.

Maybe if I can refine that decision for one-way trades, and let the trim'n'reverse make things right when we've gone the wrong way, we'll have something better.
Open to new approaches.
  • #339
  • Sep 15, 2010 11:11am Sep 15, 2010 11:11am
Quoting juiceman
Started with a 50K account on 9/7/10 - Flat equity @$54,172.00 Profit target @ $54,713.00 - Do the math - Thanks Meta Juiceman
Hey Juiceman, that's cool that ver 03 is working well for you so far.

getting is also getting good results with version 03: http://www.mt4i.com/users/b14_03

I'm not positive I did the best job of picking directions for the groups in ver 03, but maybe it's a decent stab at it. I believe this version can still encounter periods where equity pops will be slow in coming, and few traders have patience to weather that when it comes, including me.

Like everyone else, I want to nail a method for getting to profit FAST, every time.

I have a sense that we have enough collective knowledge among the thread participants to get there if indeed it's possible.
Open to new approaches.
  • #340
  • Sep 15, 2010 11:18am Sep 15, 2010 11:18am
I surrender. I can't find what I'm looking for. So here's my (probably dumbass) question: Why aren't my EAs taking profit at the 1% level and reshuffling the deck? They all reach 1%--and beyond--but just keep on going. And going.
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