Indicators development for T101's not very simple method

I want to know if anyone knows an excel spreadsheet that can record data of the basket from mt4. I'm talking about the spreadsheet that "Tallman" made back in the first thread, and I want that exact one, but he said he's not sharing it.

I want to know if there is a way to do what the T101_dashboard_v1.4_Don can do but in Excel. The indicator is excellent, the only downside is I can't see past the last 8 timeframes. I go to work during the day and when I come home at night, I missed out on the price movements of the basket from the indicator. If it's recorded in excel, I can take my time to analyze the basket and learn more about it. If anyone knows of one or has one, please share it with us. That'll be greatly appreciated!

Sincerely,

idash

To show what type of excel document I'm talking about, please see attached picture. Tallman said his excel doc is based on the Orest's 1 week indicator.

I'm not comfortable with looking at graphs and indicators, I always get confused with the different signals http://cdn.forexfactory.com/images/icons/icon9.gif. I'd prefer to watch these spreadsheets, which makes trading extremely simple for me.

I thing this link is you are looking for http://sites.google.com/site/t101system/

Thanks fxforex, I'll try to learn to code myself a similar spreadsheet. I'm a student right now therefore I can't really afford to pay for anything except the necessities.

Hi Don,

this is a very simple one, waiting for you to turn it to a pip machine

PM me for the indi and rules

kos

I've been following this system since July of 2009 and must admit this is the first time I've begun to make any solid progress on it. The hardest part that I have found is simply determining exact entry and exit points. This way of trading can make a lot of money, very fast, with average pip gains of 1000 per week by trading only once each week. Trading multiple times would generate even more ridiculous pip totals. We just need to continue to band together like kosomolate, texmade, and others, so that we may harness the power of this trading style. I'll begin to throw in my two cents, as well, to see if anything I've come up with can help. Anyway, thank you to everyone in this thread that has contributed and good luck trading to all.

I restart my profitcalc every sunday, but I was unable to open this one until Monday. Anyway, you can see how much money this has made by simply going all long on Monday. The red line is the "long" profit line and the white line is the "short" profit line (I modified it). Since I'm all long, there are no short trades, thus the white line is zero, or break even. There has been almost no drawdown this week, which is amazing.

Great going manperm!

Nice setup. Nice to see someone else coming forth with proof that T101 is for real and not a pip(e) dream.

I can trade one pair or a basket, it makes no difference to me. And there are ranging weeks in the basket. Nothing gains 100% of the time that I know of. If you have non-discretionary rules (rules that could be manually traded by someone following your rules), we may be able to make it into an EA.

But you do show how it can be very positive. Thank you.

Regards,

Don

nice going manperm,

May be time to close longs and consider possible shorts...

See attached chart, this is 4-hour chart of the whole basket.

I closed longs this morning for a total of 2,160 pips.

CJ.-

I too have made about 1750 pips this week since monday using don's dashboard.

I closed my long basket for this week. However, I still think the basket will go higher. If you look at the pictures below of the dashboard. First image: hedge is opened today, we see the shorts lining up at the top and buys at the bottom. Wait a few more hrs for either anchor to dislodge and we have a long basket right there. Second image: this hedge is opened on Dec, 19, 2010. We see here that buys have started taking over. I also have other dashboards set up every subsequent sunday, and they ALL indicate that the buys are taking over the sells at the top.

Therefore, my analysis shows that many possible long basket setups over the course of next week is very likely. Of course, there are also the shorts when the basket is just retracing.

One problem I've encountered.. I modified the TradeHedgeBUYALLv5/TradeHedgeSELLALLv5 such that they open ibfx pairs and optimize the basket such as sell eurgbp when buying basket, etc. However, my basket isn't getting stopped out by the multi purpose trade manager when it's suppose to. (I've set the magic number the same). Can anyone show me how the manager manages the trades?

My settings are:

Alwayson: true
managebymagicnumber: true
magicnumber: 1
Managethispaironly, managespecificpairs: false

Basket trade settings:
managebaskettrades: true
BasketClosureSL: true
BasketSLasPercent: true
BasketSLPercentage: 10.0

BasketTrailingStop: true
BasketTsAtProfit: 1200
BasketTrailPercent: 85.0


All other settings are default. Last night, when my basket reached 1200, I set my BasketTsAtProfit to 1200. Then an hour later it reduced to less than 1000, in which case this ea should close my basket. But it didn't.. Any help would be great guys.

if you are referring to steve's mptm ea, make sure you go and get the last version updated on his thread for that ea. there was a bug in the basket trailing stop code that I found when doing my own basket trading, and I had him fix it.
With new fixed version, if you had it set to 1200 and to protect 85%
when profit hit 1200, your trailing stop would have been set to protect $1020.
IF you are using an older version, its all screwed up
I use it all day long while basket trading so I know it works, if after you have downloaded the latest version and are still having problems, let me know and i'll help u figure it out.
And yes, definitely a nice week for the long basket, thinking about getting out about now myself. I am letting my basket trailing stop do it's thing tho, if it drops a little bit more i'll be out, if not i'll continue on thru tomorrow

Could you post the steve's MTPM for quite refer?

It's the link in his signature

http://www.forexfactory.com/showthread.php?t=89371

Bounced good.
already +220 pips on the way down with the entire basket.

Best thing I ever found on FF is the 'offline' indicator that makes this chart for me. thank you all.

image is 4-hour chart of the whole basket, following up my earlier post.

CJ.-

Could you post your basket indicator?

http://www.forexfactory.com/showpost.php?p=4296889

Hi all

Is there a way to change the currency pairs on the offline charts? Ideally I would like an offline chart made up of only 3 currency pairs.

Many thanks

Sure, open MetaEditor load the indicator and go down to the "case" options.
If you select "case 1" then input your pairs that you want and once finished press compile at the top of the page.
You should get a 0 error(s), 0 warning(s) at the bottom of the page.
Close MetaEditor and restart MT4.
Load your indicator and in the "Dialogue" box select "basket" to 1 for "case 1" and 2 for "case 2" etc.

Regards

Another week gone by...