Basket 14 EA System

I won't answer questions about this until I've had a chance to test it a while.

If you're intensely interested, learn about diff tools and compare it to previous versions of the Add EAs.
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SouthWest VPS http://swvps.com/

Well I put on basket five late wed night and its now -900 dollars demo so somthing is way wrong with either the ea or me

Hello MetaCoder,
I trade this ea
I'm not a programmer, so I need your help.
can you please tell me ea Confirm 14_03 program like this:
if a position is Closed with the loss of the new position with a lot more starts at the offset loss faster?
Here an example:
Buy a lot is loss 0.04 lot
position does not sell opened with 0.05 lot
goal is a more rapid offset of the previous loss
I would like to test it-
Thank you very much (forgeve me my bad english)
and best regards
vienna
Who can help me in the programming?
http://www.forexfactory.com/showthre...=251869&page=7

As promised, here are some experimental files.

Firstly, an indicator which calculates the linear regression point of each pair, then calculates the standard deviation and represents it as a percentage of the regression point. The only parameter to adjust is the regression period. Default is 96 (15 minute periods) representing 24 hours. It might be interesting to compare the values it generates against the existing EA's when they have trimmed a couple of times to see if the Buys & Sells are the same.

Secondly, I have modified Basket14_03 to buy or sell the baskets based on this indicator. I have tried to keep the programming format the same, so as not to butcher Metacoder's code too much! I have incorporated the indicator as a function at the end of the EA.

Thirdly, again Basket14_03 has been modified to buy or sell the individual currency pairs based on whether they have a positive or negative deviation from their regression point.

As Metacoder mentioned before (and I agree), it remains to be seen if using an indicator to buy/sell the baskets as a whole is anything more than a randomiser? I think the individual buying/selling EA will be more interesting.

At the moment the EA's calculate their values based on ten 15 minute periods - just like Metacoder did with the RVI indicator. I don't know if a longer time frame might be more appropriate? It is a new input parameter that can be adjusted.

If this method turns out to be anything other than a failure, the percentage deviation could also be used as the trigger to trim & reverse or add trades.

It's the weekend, so these EA's are completely untested, I don't recommend using them for anything other than a bit of light hearted entertainment!

Hi
Its not a big different between the buy and sell side when indicators show strong buy or strong sell .
First picture show total basket 14. Second is the 7 buy and the last picture is the 7 sell.
The best thing is to split the 14 currency pairs into smaller parts (or better use 23 pairs).
Use 4-5 EA´s with 3 buy and 3 Sell in itch EA. Every EA have at least 2 pair different from the other.
They put orders when the conditions are right and that will happen in different times.
All EA´s put their 6 currency pairs long or short. Not 3 long and 3 short
Maybe you get more buy then sell or opposite, but that is right because the conditions can bee like that.
When the first EA has triggered and a other one is ready to trigger it does not puts order on a currency pair that already exist.
With this system you don't need to sit and wait until all 14 pair has lined up as a buy or sell.

Use Steve's Multi Purpose Manager to take care of everything.
Use his hedge function when one currency pair is 20 pips wrong way. Hedge 300% so if the lot is 0.01 the manager put 0.03 opposite direction. The best thing is to have brake even “true” in the manager. Then the manager close the order witch vent wrong and also take a small profit if you have instant trailing stop on the recovery. Then also use his ATR SL on 60 min TF for all orders.
With basket trading everything under 60 min TF is crap if you don't trade for 5 dollar profit with 0.01 lot.

The Russian has abandoned T101 basket combination long time ago for some reason.
The new is 4 sell and 4 buy.
Here they are.

Long
GBPUSD
EURJPY
AUDUSD
NZDJPY

Short
EURUSD
GBPJPY
AUDJPY
NZDUSD

I hope people try your EAs, skoda. Your thinking seems solid and I like your code mods, they are easy to read.

Very cool!

Skoda,

Thanks for sharing your EA. I will be happy to test it.

Cheers

Thanks Skoda,

will forward testing it

Here are my spreadsheets for this week on the 3 basket EAs I am running.

Basket14_01_ET2 has been running for 1 month and is up 18.33% compared to Basket14_01_ET3 which has been running for almost 2 months and is up 17.26%.
This week ET2 closed 7 times for 7.37% gain while ET3 closed 5 times for 5.14%.
I like ET 2 because it trims more quickly and takes profit more often. However, as I have said before, the trade off is that ET2 can occasionally trim numerous times between close-alls, which can cause some anxiety when trading live. Looking back through the weekly tabs you will find that ET3 has never had more than 4 consecutive trims and often reaches equity pop after only 1 trim, while ET2 has had as many as 6 and seldom reaches equity pop with only 1. My live account with ET2 started off with 11 trims before the first equity pop, and yes, I did feel some anxiety.

Basket14_Add_01 is very impressive after 1 week of testing. It closed out 5 times for 4.83% profit. Had I not started it with the defective initial EA, it would have performed even better. I am looking forward to next week testing 02, 04 and 02a

Thanks to those of you who have been giving us test results. Although I appreciate what you have provided, it would help tremendously if you would attach an account statement. That way we can see how many times the EA trimmed between equity pops and possibly find other useful information for making improvements. It would also be helpful if you would tell us what leverage you are using and your ET and MaxMarginToUse settings.

Start 9/10 0000 gmt

3k demo ibfx

margin: 2.0
prof pct: 0.8
Lev: 50:1
ET: 2

total profit: 8.04%

9 legs closed

1 leg : 4 trims
2 legs: no trims
6 legs: 1 or 2 trims

Nice so far. Largest drawdown was around 112.00. on 3k not too uncomfortable. Trendy, spikey market past week probably worked good for this system. Interested to see how it performs during ranging times. Going to test add-04 this week, like the idea of cut/reverse and add to winners.

Question for mc or frazer. How did you come up with 24 hr rolling cut and reverse? and did you guys try any other time frames, ex 8 hrs, 12 hrs etc?
Shorter time frames would probably lead to more trims but quicker close outs I would imagine, just wondering. Anyway thanks for the great work on the EA's.

Frazer,

Thanks so much for posting your results.
I have set up a few Basket EA platforms for the coming week.
I will post the results/statements next weekend.
From the past week, all I can say is that the Basket 01 ET2 performed the best. The Original Oneway EA went from very good to bad.

Thanks again to you and MetaCoder for all the EAs and information.
I feel like a kid in a candy store!

Cheers

Thanks for those results, thorn. I have tried several shorter time frames, but none did better. Go ahead and try shorter time frames. Just find the lines of code where it refers to 24 and change it to whatever you want. I am not a programer, but even I can figure out how to do that.

I am really impressed with you results trading at 50:1 with 0.8 ProfitPct. What is your Lowest Margin Level? Could you post statement?

Here you go frazerd,
I have another of the latest add bots running too, but only since friday so will wait to send results for that one til next week.

14_02: leverage 300:1, lowest margin 511%, max dd -8.9%, et3,
maxmargin 1.0, profpct 1.0

14_03: leverage 300:1, lowest margin 543%, max dd -9.05%, same as above

14_add_01: leverage 300:1, lowest margin 144%, maxx dd -27.67%, same as above

I had oneway running also, but looks like i dumped it, as it was losing too much for the account size (plus dumped it when meta said he was dumping it also

exness: 400:1 >> to get leverage on screen to 200:1
investtech: 100:1>> on screen leverage = 200:1
fxopen: 100:1>> on screen leverage = 200:1

all setting is default, but as of today ET will become>> 2

Settings: 50:1 lev/margin 2.0/ET 2/ profit pct .8%


http://www.forexfctory.com/attachmen...1&d=1284930427

Max margin was 225%. will continue to run demo this week same settings.

I had got my tests mixed up earlier when I reported none of the legs closed with no trims. There was at least one trim each of the 9 legs. No more than 4 in any leg. average was 2.5 trims per leg. Leg 6 on 9/15 only ran for 2 hours before closing in profit. Longest leg lasted 34 hours. Going to start test on demo basket 14-add 4 tonight.

Skoda,

Your basket 01 started trading for me, but the basket 02
is not trading yet.
Will keep you informed.

I'm demoing Skoda's basket 02 and it opened trades as soon as the market opened today..
Default except 2.0 Max Margin..

I have buys on:
eurgbp
eurjpy
nzdjpy
eurchf
usdchf
usdjpy
all others are sells.

currently @ -35$
lot size .10
100:1
ET: 3
MMargin : 2.0
FXOpen

added update: 2hr 45 min after open of position close all with profit taken @ 1%

New basket opened immediately after close. New basket 1 buy (chfjpy) all others sells.... 1 long / 13 shorts...

Just loaded both of these on demos, 500:1 leverage, MaxMargin 0.4, ET 2 - no trades opened on start up - waiting.