T101 Basket Trader with ONE of Nanningbob's Balls | Page 10 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

TMS basket: Dashboard for a basket of MA-Filtered RSI Signals 135 replies

Do you have the balls to Lose, But not the balls to Win? 63 replies

My first attempt at T101's basket method... 2 replies

Attachments: T101 Basket Trader with ONE of Nanningbob's Balls
Exit Attachments

T101 Basket Trader with ONE of Nanningbob's Balls

  • #181
  • Sep 13, 2011 5:57am Sep 13, 2011 5:57am
The close basket routine is still temperamental as it only closed half the trades, i was using 14 pair basket and then a hedge of 6 pairs kicked in, no matter how many times i moved the label and selected yes it wouldn't close them (thinking about it it might be the hedge trades that stayed open but not sure at moment). So i just loaded mptm and set to close basket.

I the last screenshot you put up you showed several charts for different timeframes and one with yellow line in, what was that indicator for reference looked interesting.

I'm just starting to play around with 8 pairs to see how that pans out so will add the change you just mentioned.

Thanks

Mike
  • #182
  • Sep 13, 2011 6:06am Sep 13, 2011 6:06am
read the manual, there is a big bold section on what happens with hedged trades and closing

Quoting magft
The close basket routine is still temperamental as it only closed half the trades, i was using 14 pair basket and then a hedge of 6 pairs kicked in, no matter how many times i moved the label and selected yes it wouldn't close them (thinking about it it might be the hedge trades that stayed open but not sure at moment). So i just loaded mptm and set to close basket.

I the last screenshot you put up you showed several charts for different timeframes and one with yellow line in, what was that indicator for reference looked interesting.

I'm just...
  • #183
  • Sep 13, 2011 6:08am Sep 13, 2011 6:08am
look in the experts log, the bot now explains the reasoning for the closing of baskets

it will be just before all the close confirmations from the broker

and will say something like "Closing basket due to ......"

send me a screenshot and i can look at why, for me I have had no premature closings




Quoting dragosd1
Ok, has happened twice today, so it's not me...
Bot has closed 2 sets on it's own will, even if use of TLE is denied in settings...both in loss. No ideea why this is happening, maybe I should remove TLE's from indis? See if happens again?

And, yes, it's the V2 release...
  • #184
  • Sep 13, 2011 6:22am Sep 13, 2011 6:22am
the indicator with the yellow lines is something i have been playing with, it basically shows me the basket balance calculations (that are displayed in the bot) but historically as well

so if i am looking to sell as basket, i look at the yellow lines, if all are below 0 then good to go, if one or two are above zero, i hover the mouse on the lines above and it will give me the currency pairs, then i know if i want to exclude them or not

at the moment this is still something i am trying to get clear in my mind, if I actually do manage to get concise and correct idea, then i will upload it to the thread

Quoting magft
I the last screenshot you put up you showed several charts for different timeframes and one with yellow line in, what was that indicator for reference looked interesting.
  • #185
  • Sep 13, 2011 6:24am Sep 13, 2011 6:24am
Quoting dragosd1
Ok, has happened twice today, so it's not me...
Bot has closed 2 sets on it's own will, even if use of TLE is denied in settings...both in loss. No ideea why this is happening, maybe I should remove TLE's from indis? See if happens again?

And, yes, it's the V2 release...
Damn, I'm so sorry, I think I've found out what was happening...my bad!

For some reason(I don't use it, but forgot to disable it ), trailing was enabled, so, I think that was the reason for premature closing.

Again, sorry John!
I don't say
  • #186
  • Sep 13, 2011 6:30am Sep 13, 2011 6:30am
even with trailing set, it shouldn't close in loss (unless the closing takes so long that by the time all the orders have closed they have reversed into loss)

as i said though send me a screenshot of the experts tab just before the order close confirmations

if it is trailing that stopped it out it will say "Closing basket due to minimum profit"

Note: if you have the lock value set very low for instance 1usd then in the time that it takes to close the basket it is possible that the overall profit is now negative

i generally use a lock value of 5usd, which should in theory guarantee that by the time closing has completed the total basket profit shouldn't of reversed into loss

Quoting dragosd1
Damn, I'm so sorry, I think I've found out what was happening...my bad!

For some reason(I don't use it, but forgot to disable it ), trailing was enabled, so, I think that was the reason for premature closing.

Again, sorry John!
  • #187
  • Sep 13, 2011 6:59am Sep 13, 2011 6:59am
Quoting jmw1970
read the manual, there is a big bold section on what happens with hedged trades and closing
Sorry about the stupid question. I read the manual when you released it but obviously had a moment of numbty! Anyway mptm does the job when/if required.

Mike
  • #188
  • Sep 13, 2011 7:22am Sep 13, 2011 7:22am
Quoting jmw1970
you really need to read the 2 manuals

all this is explained in both manuals

i have no problem in helping you get the screen looking at least correct - BUT i will not spend time answering queries which I have already explained in the manuals
I apologize, I read the manual, but I do not understand it.
The system is simple, but I have problems with the setup.
Not everyone has a technical understanding as yours.
But anyway thank you, let you all are doing.
  • #189
  • Sep 13, 2011 7:29am Sep 13, 2011 7:29am
basket (8) sell, hopefully this the move back down
Attached Image (click to enlarge)
Click to Enlarge Name: ##T101##-2011.09.13-14.15-15m.gif Size: 40 KB
  • #190
  • Sep 13, 2011 7:39am Sep 13, 2011 7:39am
Sorry I have been missing the party

Went out sailing late yesterday

Just got back Just running the bot through some test

This bot is Great and the sky is the limit

Lots of nice bells and whistles
Hope to find more time today to play with it

Thanks John
Nice piece of work

Now off to press some pants (yuk!) 3 people off today go figure
  • #191
  • Sep 13, 2011 7:40am Sep 13, 2011 7:40am
Quoting jmw1970
basket (8) sell, hopefully this the move back down
Yeah, this was probably the reason..."(unless the closing takes so long that by the time all the orders have closed they have reversed into loss)"

Indeed, "closing basket due to min profit"
Was my fault, Ea is perfect...sorry again!
I don't say
  • #192
  • Sep 13, 2011 7:46am Sep 13, 2011 7:46am
no problem, i put on this logging to help when weird stuff happens

mt4 doesn't allow proper debugging, and sometimes things happen without knowing why..

Quoting dragosd1
Yeah, this was probably the reason..."(unless the closing takes so long that by the time all the orders have closed they have reversed into loss)"

Indeed, "closing basket due to min profit"
Was my fault, Ea is perfect...sorry again!
  • #193
  • Sep 13, 2011 7:47am Sep 13, 2011 7:47am
you haven't missed much, apart from this morning where there was a nice run, the market has been pretty undecided

Quoting dryclean
Sorry I have been missing the party

Went out sailing late yesterday

Just got back Just running the bot through some test
  • #194
  • Edited 10:20am Sep 13, 2011 9:33am | Edited 10:20am
I just placed a Sell limit and it put it right where I would have liked it 93983

Should hit the bottom of the Has and go down
We shall see

UPDATE
Just missed it so now pa has gone down placed a Buy Stop at 93849 see what happens
Attached Image (click to enlarge)
Click to Enlarge Name: kos.gif Size: 25 KB
  • #195
  • Sep 13, 2011 10:31am Sep 13, 2011 10:31am
Quoting jmw1970
the default tp value is used when one hasn't previously be set, ie. first time only

once a tp has been set then the only way to change it is via F3

press F3 and look for the variable name !T101 Take Profit Value

change this to 8usd

I will make a change to the bot for the next release that it ALWAYS resets the global variables on reload to the defaults (except the current trailing value - otherwise trailing would be lost on currently open baskets)

regards, John
thanks John for clearing this up. it has really do me good, see the chart...
Attached Image
  • #196
  • Sep 13, 2011 2:29pm Sep 13, 2011 2:29pm
Nice V2 is released. Will set it up later this week.

Thanks for all the hard work!
  • #197
  • Sep 14, 2011 1:28am Sep 14, 2011 1:28am
Well done John, I subscribed. Will share the result soon.
  • #198
  • Edited 8:05am Sep 14, 2011 4:12am | Edited 8:05am
Quoting jmw1970
you are correct, i didn't design the T101 price indi, and I like you are somewhat frustrated by the inability to get a true pip reading.

To be honest I have not examined the code of the indi that much (apart to put in my fix) and am not sure how this weighting coding works

for instance I know that the wicks (hi / lo) are not always achieved on the offline chart, even though they are shown - but I am not sure if the same can be said for difference between open & close
JMW, sidhujag
The ##T101## indi , as designed, updates the Basket chart every 2 seconds. Remove this limitation and the update is real time, sort of. Have not checked the load on the hard drive or the cpu. Shouldn't be a problem with SSDs IMO.

This is the update code in the indi.


//---- refresh window not frequently than 1 time in 2 seconds
if(hwnd!=0 && cur_time-last_time>=2)
{
PostMessageA(hwnd,WM_COMMAND,33324,0);
last_time=cur_time;
}


If there is a need for faster (real time) update, repalce the above code with

if(hwnd!=0)PostMessageA(hwnd,WM_COMMAND,33324,0);


Attached is the indi (my mod) that will chart the exact pips.
Do not use with your EA as the TP Sl etc values do not correspond with this BASKET Chart.
MOD 1
The calculation of the HLOC of all pairs without JPY is multiplied by 100 to force them to be 3 decimals. Rest is similar. Add up the HLOC of the various pairs and the chart offers exact pips to the 1 decimal if your broker feed is 5 decimals or 0 decimal if it is 4.
MOD 2
Another difference is that the values will be in the 1300-1500 range. So the chart shows HLOC with 1400 deducted from the calculated HLOC values.

This can pose a problem if the values of HLOC are negative. Metatrader Window 0 is designed strictly for positive values and throws historical error if negative. Something I know and can remedy by changing the k value in the indi. Currently it is not an extern variable.

Result is a chart where a difference of 1 is exactly 100 pips.


MOD 3
Also, a new bar in the offline chart is created only if all Pairs have been updated to the time value of the symbol where the indi is placed using the SyncBar function. GJ in this instance. This is based on assumption that GJ is most volatile of the lot and has more incoming ticks then any other pair.

The indi creates an offline chart called the "BinstT". Normally I name the offline and indi as BASKET. All incremental changes are versions. If they work, the main indi is is replaced with that version. Just my way of keeping track of changes and "using the latest and the greatest".

MOD 4
I have removed all extra variable assignments to speed up the process.

MOD 5
removed the TF part. To create various TF basket charts I use Multiple GJ charts of the same time frame. Have not completly formalized it as yet. (v4)



Great job with the EA . TLE concept is scalable and super.

Thanks and Cheers

Pat


PS: TheTickValue of a "BASKET" chart is not equal to the sum of TickValues of all pairs as far as I can tell. More on that later.
Currently I am changing your EA TP Sl etc to pip values and not dollars for my use.

Edit : Removed Basket v3 Replaced with Basketv4
Has all the functionality as suggested by John.
"basketbase" template should open GJ1m chart and 6 BINSTT charts from 1m thru 1440 m. The daily has 200 bars only due to -1400 violation . Would be relevant if trading Daily. Compile BasketV4 prior to loading the template.
  • #199
  • Sep 14, 2011 4:19am Sep 14, 2011 4:19am
Hi Pat

I am all in for any new indi that creates the offline chart better than the one that exists now as long as it is just as accurate or better

if your indi is better than the current one we are using and uses the same baskets (ie. currency pairs based on 2,4,6,8,10,12 & 14 pair baskets) then it may be that we just switch my bot to use your indi as the official one

Regards, John

Quoting Pat1
JMW, sidhujag
The ##T101## indi , as designed, updates the Basket chart every 2 seconds. Remove this limitation and the update is real time, sort of. Have not checked the load on the hard drive or the cpu. Shouldn't be a problem with SSDs IMO.
  • #200
  • Sep 14, 2011 4:26am Sep 14, 2011 4:26am
John,

I do not trade other combinations of currencies except 14 pairs so the my indi is modified for strictly 14 pairs listed in the code. (IBFX pairs).

Modifying the code to include your GetPairs function should be a snap.

Cheers

Pat
0 traders viewing now