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T101 Basket Trader with ONE of Nanningbob's Balls

  • #41
  • Sep 7, 2011 10:01am Sep 7, 2011 10:01am
got in late as i was testing my new open/closing but still about 82 pips up (0.01 lots)
Attached Image (click to enlarge)
Click to Enlarge Name: ##T101##-2011.09.07-17.0-5m.gif Size: 32 KB
  • #42
  • Sep 7, 2011 10:06am Sep 7, 2011 10:06am
John

I am finding the combination of the history generator indy and your EA running at 70% CPU which is making my system very slow to respond. I only have the 1 timeframe open, i did have 4 before your EA was released when testing my strategies and the CPU load was never that high. Is there something that can be done to reduce the overheads either in the indy or the EA?

I've not had time to look in detail at the code myself but my PC is struggling to keep up

Mike
  • #43
  • Sep 7, 2011 10:17am Sep 7, 2011 10:17am
increase the sleep settings

but it is odd, because I am using it on my old laptop, with 3 versions of the price indicator (daily,15m,5m) and the ea running twice and it is fine

check in the offline chart (file | open offline) to look at how many bars the ##t101## currencies have in them

it could be that it has created too much history (I had the same problem when using renko that it created way too many bars and almost killed my computer)



Quoting magft
John

I am finding the combination of the history generator indy and your EA running at 70% CPU which is making my system very slow to respond. I only have the 1 timeframe open, i did have 4 before your EA was released when testing my strategies and the CPU load was never that high. Is there something that can be done to reduce the overheads either in the indy or the EA?

I've not had time to look in detail at the code myself but my PC is struggling to keep up

Mike
  • #44
  • Sep 7, 2011 11:29am Sep 7, 2011 11:29am
Quoting jmw1970
Could someone who is an expert in T101 please advise if this following idea makes sense

in the example picture above I showed the new balance table for when there is no open orders to show the true balance of each pair in the basket

obviously the more in balance the basket is (ie. all pairs going the same way) the better the chance the trade has of closing in profit.

my idea is to have a "Pair Min Balance", there would be only one value and it would be automatically set to positive or negative depending on the trade open request

an example...
John,

From my understanding this is a "trade hedge". It is normal to have a few unruly pairs that go against you - it all has to do with smoothing out the final result. The other thing that comes to mind is that if you start messing with the basket too much the offline chart will no longer represent the basket completely thus giving signals that may not be valid and causing the EA ultimately to act incorrectly on the basket. I think
  • #45
  • Sep 7, 2011 11:59am Sep 7, 2011 11:59am
Hi Telac

I had no intention of altering the chart in any sense,

the chart would still be based on all 14 pairs, the direction and trigger to enter would also be based on the 14 pairs

only that if I know 2 of the pairs are going completely the opposite to the basket - i just don't bother opening the orders

the quotes from the pairs I don't open will still update the standard chart as currently

Regards, John

Quoting Telac
John,

From my understanding this is a "trade hedge". It is normal to have a few unruly pairs that go against you - it all has to do with smoothing out the final result. The other thing that comes to mind is that if you start messing with the basket too much the offline chart will no longer represent the basket completely thus giving signals that may not be valid and causing the EA ultimately to act incorrectly on the basket. I think
  • #46
  • Sep 7, 2011 12:37pm Sep 7, 2011 12:37pm
as a follow up, in theory what I am proposing is similar to how I have been running the strategy today with one slight difference

today, I have been using the bot to identify buy & sell opportunities

i have then been opening the full basket

once the basket has gone into profit (at about 50 pips / 5 USD) I have been manually going into terminal and closing the heaviest losing orders

in effect this has "unbalanced" the basket in theory, but the chart remains the same as it is still based on a full basket

the difference i am proposing is that during today i noticed in my version (which has the pair balances) that certain pairs were allways against the basket on opening and in 99% of the cases these would also be my heaviest losers that I would manually close later

so - for me - why bother opening them??

this would also be the same once we finally get hedging to work in the bot, we will only hedge the losing trades in the basket, the profit trades would be left alone - net effect is the same, we have "unbalanced" the basket

but the chart and triggers for entry/exit remains the same - based on the full basket
  • #47
  • Sep 7, 2011 12:39pm Sep 7, 2011 12:39pm
@jmw1970

I think your idea makes very good sense.

Now I know this may be very tricky to code, but say you have 12 pairs heading the "right" way and 2 going against you, so you start a basket trade with the 12 that are heading the "right" way. Will you still monitor the 2 that were going the "wrong" way and add them as well to accelerate the basket's success if they do also turn around?

Invisible
  • #48
  • Sep 7, 2011 12:42pm Sep 7, 2011 12:42pm
that would be up to the user i suppose,

i had already in mind to create a script to use to manually add orders to existing baskets (mainly for when there was a disconnect during the sending of the basket to the broker and only half were opened)



Quoting Invisible
@jmw1970

I think your idea makes very good sense.

Now I know this may be very tricky to code, but say you have 12 pairs heading the "right" way and 2 going against you, so you start a basket trade with the 12 that are heading the "right" way. Will you still monitor the 2 that were going the "wrong" way and add them as well to accelerate the basket's success if they do also turn around?

Invisible
  • #49
  • Sep 7, 2011 2:17pm Sep 7, 2011 2:17pm
Quoting jmw1970
as a follow up, in theory what I am proposing is similar to how I have been running the strategy today with one slight difference

today, I have been using the bot to identify buy & sell opportunities

i have then been opening the full basket

once the basket has gone into profit (at about 50 pips / 5 USD) I have been manually going into terminal and closing the heaviest losing orders

in effect this has "unbalanced" the basket in theory, but the chart remains the same as it is still based on a full basket

the difference i am proposing is...
Instead of not opening them go the other way
If a buy basket make them a sell and visa versa
So you might have 2-3 pairs out of the 14 going in the other direction.
On the original T101 thread this was discussed and the hedging also
will give it another look I think Usd/chf was a pair that was placed in the opposite direction of the basket...
  • #50
  • Sep 7, 2011 2:29pm Sep 7, 2011 2:29pm
now that could get messy, at least by not opening them at all, you always have the opportunity to add them later

it uses a very simple basis for it's calculation of if the pair is going in the general direction of the basket, some currencies by default "follow" the others and therefore would have a lag in there value and the main basket

Quoting dryclean
Instead of not opening them go the other way
If a buy basket make them a sell and visa versa
So you might have 2-3 pairs out of the 14 going in the other direction.
On the original T101 thread this was discussed and the hedging also
will give it another look I think Usd/chf was a pair that was placed in the opposite direction of the basket...
  • #51
  • Sep 7, 2011 5:46pm Sep 7, 2011 5:46pm
There is a new update version 1.2 available on the first post

please upgrade to this version as it contains some very important bug fixes and new improvements - details below

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 (up/down) 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


In the picture below you can see I have an open basket but with only 12 pairs, the two pairs in grey are in the "no order / hedge" list
Attached Image (click to enlarge)
Click to Enlarge Name: ##T101##-2011.09.08-0.45-15m.gif Size: 34 KB
  • #52
  • Sep 8, 2011 3:26am Sep 8, 2011 3:26am
thx jmw for last update

I read your posts and still don't understand following parameters:

--Basket Threshold Protection
true
700
70

--Basket Balancing
3
5

about your q from post #40 I'm sorry to say that rebel pairs can not be fixed
they always change as the market changes

ie USD is still a safe heaven currency?
Have you noticed that GOLD acts like a currency lately ?
I think in the future CHF will be the reference currency,and each time EURO,USD and JPY will get in trouble Super-CHF will save the world

The only fixed rule for Basket Trading:
EURUSD and USDCHF must be traded in the opposite directions


http://img689.imageshack.us/img689/7641/t101q.gif
Account deleted
  • #53
  • Sep 8, 2011 5:11am Sep 8, 2011 5:11am
Quoting jmw1970
There is a new update version 1.2 available on the first post

please upgrade to this version as it contains some very important bug fixes and new improvements - details below

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 (up/down) is displayed (when there is a open basket the balance value is shown in brackets after the P/L...
Hi jmw1970,

Thanks for the update

I noticed that the CADJPY is still in the basket instead of the USDCHF is this correct??

thanks

AJ
  • #54
  • Sep 8, 2011 6:04am Sep 8, 2011 6:04am
got in late, will see how it goes
Attached Image (click to enlarge)
Click to Enlarge Name: ##T101##-2011.09.08-13.0-15m.gif Size: 36 KB
  • #55
  • Sep 8, 2011 6:05am Sep 8, 2011 6:05am
CADJPY is only in baskets 10 & 12, it is not in basket 14

the baskets are the same as the T101 indicator now



Quoting AJvdB
Hi jmw1970,

Thanks for the update

I noticed that the CADJPY is still in the basket instead of the USDCHF is this correct??

thanks

AJ
  • #56
  • Sep 8, 2011 6:07am Sep 8, 2011 6:07am
Quoting jmw1970
CADJPY is only in baskets 10 & 12, it is not in basket 14

the baskets are the same as the T101 indicator now
I see now thanks anyway.

AJ
  • #57
  • Edited 6:35am Sep 8, 2011 6:19am | Edited 6:35am
basket threshold protection - this is something I am playing with - based on my earlier posts

ie. if using basket protection and the balance is above the basket threshold, apply the opposite of the pair threshold

as i said though, the code behind this is currently disabled - so you can ignore

The basket balancing parms, are simply how the ea determines the direction of each pair in the basket (at the moment it is very simple)

the 3 is the Moving Average, the 5 is the look back

so for each pair in the basket it compares the MA of the current bar, to the MA of the look back ago

the difference is the pair balance, ie. positive pair going up, negative pair going down

the basket balance therefore is simply all of the pairs individual balances added together.

EURUSD USDCHF must be traded in the opposite way -not quite sure what you mean by this exactly

as both are in basket 14

and if the basket is bought, then effectively

on EURUSD you are selling the usd, and on USDCHF you are buying the usd, therefore they are in opposite directions???

of course as i have stated numerous times, i am no expert in this basket trading methodology and i may be completely missing some points

Regards, John

Quoting swissforex
thx jmw for last update

I read your posts and still don't understand following parameters:

--Basket Threshold Protection
true
700
70

--Basket Balancing
3
5

about your q from post #40 I'm sorry to say that rebel pairs can not be fixed
they always change as the market changes

ie USD is still a safe heaven currency?
Have you noticed that GOLD acts like a currency lately ?
I think in the future CHF will be the reference currency,and each time EURO,USD and JPY will get in trouble Super-CHF will save the world

The only fixed rule for...
  • #58
  • Sep 8, 2011 6:23am Sep 8, 2011 6:23am
at least i was able to set the breakeven - let's see now if my trailing kicks in at 15usd with a 75% trail

EDIT: wasn't quick enough to remove the losing pairs, and the trailing kicked me out with 11.60 usd (so about 116 pips on a basket lot size of 0.01 (10 cents per pip)
Attached Image (click to enlarge)
Click to Enlarge Name: ##T101##-2011.09.08-13.15-15m.gif Size: 36 KB
  • #59
  • Sep 8, 2011 7:02am Sep 8, 2011 7:02am
in again long,

last time too late, hopefully this time not too early


UNBELIEVABLE - CAN ANYONE SEE MY MISTAKE !!!!!!!!!!!!!!!!!

I WANTED TO GO LONG AND ENTERED A SHORT BASKET !!!!!!!!!!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: ##T101##-2011.09.08-14.0-15m.gif Size: 36 KB
  • #60
  • Sep 8, 2011 7:08am Sep 8, 2011 7:08am
i think what would be good for this method, is something similar to stratman's mini charts

ie, you open a timeframe on a normal currency and set the properties so the candles don't display

then you add the t101 mini charts with the appropriate basket number

it would then show you the mini charts per currency pair for that basket and the chart timeframe

it would allow then you too easily see what is going on in the individual pairs that is driving the t101 pair

might be a bitch too code though...

comments anyone??
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