T101 Basket Trader with ONE of Nanningbob's Balls

This thread has been started so as not to clutter up Steve's original thread.

This thread was inspired by Steve H. and Telac who prompted me to read yet another one of Steve H.'s many robot threads.

My concept for this bot is that it will start off simple and then (hopefully) grow.

Although this bot was originally designed to be used in conjunction with NanningBob's 10.0 philosophy, it can also be used as a stand-alone trader for the T101 system using whatever manual system you have in place.

This first post will be continually updated with the latest information on the bot.

IMPORTANT

I have no idea how well this bot will play with others, be careful when using other bots (for instance MPTM) to manage trades opened by this bot

NOTE: My combined knowledge of NB 10.0 & T101 could be written on the back of a postage stamp!!! If you have any specific questions regarding either hopefully someone more enlightened than me will be able to help you.

Regards, John

Version 1 - 6 Sept. 2011

Basic manual trading bot of the T101 method with NB 10.0
Runs off the T101 offline chart (use "fix" version of T101 indi attached to send ticks to the offline chart)
Hedging still has problems so has been temporarily disabled
Fully automatic trading is not implemented yet as someone needs to tell me if the logic for the alerts is correct

Parameters
PairsInBasket - the number of pairs in the basket (uses same pairs as T101)
PairSuffix - if the pairs have a suffix (eg "m")
UseNanningBobBasis - switch to true if you want to control the types of alerts sent using NanningBob definitions
UseTradeConditions - switch to true if you want to receive the alerts based on the NanningBob definitions (false if you use your own methodology)

LotSize - self explanatory

UseTakeProfit - self explanatory
VisualTP - set to true if you want a line to be displayed on the chart where you want the TP to be based on offline Price Action
DefaultTP - number of pips away from bid by default
ValueTP - set to true if you wish to use a value based TP
DefaultTPValue - amount in account currency of the TP

UseStopLoss - self explanatory
VisualSL - set to true if you want a line to be displayed on the chart where you want the SL to be based on offline Price Action
DefaultSL - number of pips away from bid by default
ValueSL - set to true if you wish to use a value based SL
DefaultSLValue - amount in account currency of the SL

AllowHedging - temporarily unavailable

DefaultMinProfitValue - the default minimum profit value in acct. currency (similar to BE + Lock)
NOTE:- Once you set the min profit for a open basket, the value for the basket can be modified using F3 and changing the variable "!T101 Min. Profit Value"

BasketMagicNbr - self explanatory
SleepSecs - self explanatory, this is a always ON bot, the bot must be removed to access the parameters once loaded

Version 1.1 - 7 Sept. 2011

Ability to trail, either by fixed dollar amount or percentage
Fixed problems with rank values always been short by 1 USD
Changed the definition of min profit to break even
Added the ability to enter “Pending” orders
Fixed the multiple alert problem
Added message box confirmations to the important buttons of buy/sell (normal & pending) and close

There are several new parameters but most of these should be self explanatory and mainly deal with the trailing aspect

Version 1.2 - 7 Sept. 2011

When there is an open basket it shows the pair in the basket that doesn't have an open order (either because user closed, error on send)
When there is no open basket, the current basket balance is displayed (when there is a open basket the balance value is shown in brackets after the P/L for the pair)
The Open & Close basket routines are now more stable and less prone to TradeContextErrors
The currency list for Basket 14 has been corrected
When the EA is doing some processing that can take some time because of needing to wait for confirmations from broker the EA will now display PROCESSING, so you at least know it is doing something

The basket protection parameters can be ignored for the moment as the code behind them is disabled

Version 1.3 - 8 Sept. 2011

Some quite major changes in this release, which directly affect the profitability of the bot, use wisely

Ability to exclude temporarily pairs from the basket, to assist a script has been written to exclude / include the pair (!T101 Exclude Include Pair). For those with move savvy, you can press F3 and set the global variable manually without the script
Ability to trade certain pairs in the opposite direction, this is set up in parameters and shouldn't be changed that often. Note:- to make the pair balance screen make sense, pairs that are traded oppositely have their value multiplied by -1 so it matches the rest of the basket
Improved break even & lock handling, bot will now automatically set to breakeven + lock, the set to breakeven value can be modified via global variables (F3)
Start trailing at value can now be modified via global variables (F3)
Fixed problem with extra data being displayed when not using basket 14


Version 2.0 - 12 Sept. 2011

PLEASE READ THE DOCUMENTATION IN THE ZIP FILES BEFORE LOADING UP THE EA / TLE's / SCRIPTS etc.

In this version:-

Full range of pending orders
Trade Logic Engine support
Hedging


Version 2.1 - 12 Oct. 2011

In this version:-

Improved pending "limit" order processing
Fix for data not being displayed when not using Basket 14
Stop & Reverse button
Last Basket Profit now displayed
Current Minimum profit (ie. trailing value) now displayed
Ability to "suspend" the robot
Trailing/TP/SL values etc. now controlled by magic number (in global variables) allowing mulitple robots to run with different trailing/tp/sl options
Takeprofit value can now be negative (for when trades have gone against you and wanting to get out at min loss)

THIS VERSION IS THE ONE ATTACHED DIRECTLY TO THE MESSAGE, NOT IN THE ZIP.

All the best subscribed !!!

I like the sound of this. I have recently been playing around with the system as described by Kos. I wrote and EA trying to mimic his approach but it failed miserably due to my coding i think. One issue i had was the fix you added to allow EA to run on offline chart, i just used the providing chart to run the ea and read the T101 values for HAS. I than added TMA True and TMA Centred Mari and tried to make an improved EA. This is slightly more profitable once settings had been tweaked, though currently balance still down. Then along comes NB10 and as suggested by dryclean to put the template on the T101 offline chart you can see the trend very clearly.

Now you come up with this little beauty. When i get some time, very busy at work this week, i will do some serious testing. Currently just dropping on the chart and we shall see how it goes.

Thanks for all your effort.

Mike

Bravo!,

will be following
my opinion on the visual TP or SL is it might not work only because of the mix of pairs. If it does work that would be great.

If a visual entry could be made that would be way cool

I manually set a line just at the top blue or bottom red HAS and then decide to enter or not.

Will play with this for sure

DC

Hi DC

the idea with the visual SL,TP was that quite often on a normal price chart people put stops/targets at previous swing lows/highs

so the offline chart still has a typical swing low/high and the candles will still follow standard support and resistance even with the mix of pairs

hence my idea with the visual, of course the more experienced with this method among you may decide it's useless, in that case it can easily just be switched off

Regards, John

good work jmw1970!

if its BTS, in any form, kos way, naningbob way or any other form, count me in also, and thanks for the fix of the offline indi.

kos

John, I don't think you realise how many people have been waiting for this day. I've been shaking a lot of bushes in hopes of this and now you've started if off. Thanks for your interest in this project! I have a very good feeling about the possibilities here - you have some amazing minds here to help in nailing it all down.

actually Telac, it is YOU that started this off

I only got interested when you mentioned you couldn't get an EA to run on an offline chart

although today even though i was basically testing out the bot and closing baskets early, it still produced 800 pips profit (using 0.01 lot sizes)

so maybe there is something in it

Great to hear; well John you don't have to convince me that there's something in it - I've been convinced there is for a long time and been making nice pips using Kos's method. The sytem is a pip machine, it's only a matter of finding the nice long trends and staying away from the chop. A bot however, coded in the right way may even be able to take advantage of that chop - the possibilities are many.

Exciting times ahead

Well done John... Subscribed

IMPORTANT

I have no idea how well this bot will play with others, be careful when using other bots (for instance MPTM) to manage trades opened by this bot

very minor but the pairs posting red or green and pip value seam off
the grand total for the basket spot on


I kind of like the visual TP
Just took a profit on a buy basket

The close all button did'nt seam to work
so i dragged the visual buttun below the pa closed instantly

ps

I know hedging is pending but will it only hedge lossing pairs I take it?

yes, I have already fixed that in my version, it was always off by 1 usd

good point about the hedging - I actually was trying to hedge the whole basket

I will be uploading another version tomorrow / later tonight (want to see how switzerland get on in EM2012Q)

hedging will still be not included
but the fix mentioned is in, as well as trailing (as I mentioned am not sure how this bot will play with others so adding the trailing directly to this bot)

regards, john

strange regarding the close all button, it works on mine

though it does take a while to close the orders, and looks as though it isn't working when it is

did anything come up in the experts log??

I've already used your ea to help me on my live acct
1 winning buy basket and 1 in profit so far
I love it

Didn't see any error message will try again soon


Could you add a BE line so I could adjust my visual SL as needed

Using it too, on demo, looks really nice.
As I understand, EA should trigger alerts as per settings?
I mean if use NB triggers, will alert on those signals and same for "EA trade conditions" ?

that's cool, BUT PLEASE PLEASE PLEASE be careful with it

it really needs a good thrashing to iron out any potential bugs

(minor cosmetics aren't a problem)

although at least this can only manage baskets, at the moment it can't open them...

not exactly sure how to calculate where the line would be as at there isn't a 1:1 correlation between 1pip on the offline chart versus x dollars on the other charts

for your BE stuff, that is what the min profit button is for, it is basically set to break even + lock dollars

in the next version I will change it to actually say break even to make it clearer

Hi Dragosd1

not quite sure what you mean but if you use NanningBob = true,

that determines whether buy and/or sell buttons are displayed

also with NanningBob = true, you can set EA Trade Conditions to true - then it will alert on bollinger band crosses as per my table in post 1

note for the EA trade conditions to work you have to set Nanningbob = true, and set the read, ie. Long,Short,Range,CT Long, CT Short

Regards, John