T101 Basket Trader with ONE of Nanningbob's Balls | Page 19 | Forex Factory

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T101 Basket Trader with ONE of Nanningbob's Balls

  • #361
  • Sep 19, 2011 10:05am Sep 19, 2011 10:05am
TP took me out with 395 pips on a 1m chart. Works great now if I can convert the HAMA to the !TLE we'll be in clover.
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  • #362
  • Sep 19, 2011 10:35am Sep 19, 2011 10:35am
what's HAMA, is that the same as HAS

ps. congrats on the trade

Quoting Traderduke
TP took me out with 395 pips on a 1m chart. Works great now if I can convert the HAMA to the !TLE we'll be in clover.
  • #363
  • Sep 19, 2011 11:28am Sep 19, 2011 11:28am
Hi Pat

I have just noticed in the new basket indicator you posted, that it only sends the ticks for Indicators, not the ticks for EA's

for my ea it doesn't matter, as I force a tick on the initialisation and it is always on, but for normal ea's they don't run

Can you please make the changes so that the indi sends both types of ticks.

Regards, John
  • #364
  • Sep 19, 2011 1:22pm Sep 19, 2011 1:22pm
John,
See post #165. It is less CPU intensive and more bells.




Quoting jmw1970
what's HAMA, is that the same as HAS

ps. congrats on the trade
  • #365
  • Edited 4:03pm Sep 19, 2011 3:38pm | Edited 4:03pm
Hello All,

Attached are two indis that may make your life a little simpler (Click or two less than normal).

Nothing that has not been done before.

Save the following files in your indicator folder.
Open MetaEditor Tool >Meta Language Editor or press F4.
Open any indicator file that you are not currently using.
Click on Compile.

This should compile all ex4 files that have not been compiled.
Works on my terminal. Though, opening MedaEditor does the same. Have not tried that.


The HAS_MTF_OC

The original indi used has calcs for haHigh and haLow which, for strategy here, are not used. We change the first two colors of the indi to NONE and it Works great.

The above HAS just calculates the HA close and open using the same calcs as the original with the exception that it uses less memory, and eliminates unnecessary calculations and assignments.

Compare the outputs of the two indis and holler if they are different.

You do need the above in your indicator folder if you plan to use the Bar indi.


IMPORTANT.

Before you drag HAS_4TF_BAR indi on an OFFLINE chart,

MAKE SURE that you have all four TF charts open in your terminal.

Example BSKT08,M1 is where you will be placing your indi. Make sure you have M5, M15 and M60 BSKT08 charts open.

Other wise your terminal will freeze. (Not Responding);

I have not coded this check routine in this indi as of yet.

What does it do:

Well, it shows the color of the HAS of the four Periods in a subwindow with M1, as in our example at the bottom. If you have four Blues- BUY Four Red Sell - in between - Trade.

ShiftPeriod=0

using the example above, placing the indi on M1 will show HAS colors for 1, 5, 15, 60.
With ShiftPeriod=1 the indi will show 5,15,60,240.
Be careful here. Many do not create and open Daily Weekly and monthly charts of BSKT.


Cheers

Pat

PS. Normally my charts are not this colorful!!
Attached Image (click to enlarge)
Click to Enlarge Name: has_4tf_bar.jpg Size: 130 KB
Attached File(s)
File Type: ex4 HAS_MTF_OC.ex4   5 KB | 338 downloads
File Type: ex4 HAS_4TF_BAR.ex4   5 KB | 315 downloads
  • #366
  • Sep 19, 2011 4:00pm Sep 19, 2011 4:00pm
Quoting jmw1970
Hi Pat

I have just noticed in the new basket indicator you posted, that it only sends the ticks for Indicators, not the ticks for EA's
NOTE: If you are using John's Trader EA , you do not need this upload.

John,
Try this one. Basketv6_1

Attached is a tester EA . If it updates Close label real time on a chart created by, 6-1, the Tick sending works. Incidentally, the 6.1 will create a basket with symbol BTIC. Once I get an OK nod, I will change it to BSKTor list code to modify v6.

For those trying non-john EA(kinda like the sound of that), try using 6.1. Let me know if your EA updates or not.


Cheers,

Pat
Attached File(s)
File Type: ex4 Basketv6-1.ex4   10 KB | 351 downloads
File Type: mq4 CheckSendingTicksToBasket.mq4   2 KB | 321 downloads
  • #367
  • Sep 20, 2011 6:12am Sep 20, 2011 6:12am
Here is a trade I am in now, i noticed a triangle, and head and shoulders on the 1 min. Decided to try the breakout back to HA and see what would happen.

This is probably a short term trade, since on the 1 hr chart, the price is trying to break through the 4 hr ha. Basket my likely be long today.

We'll see. Have to go with what price does.

Shake
Attached Image (click to enlarge)
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  • #368
  • Sep 20, 2011 6:16am Sep 20, 2011 6:16am
Quoting Beshakey
Here is a trade I am in now, i noticed a triangle, and head and shoulders on the 1 min. Decided to try the breakout back to HA and see what would happen.

This is probably a short term trade, since on the 1 hr chart, the price is trying to break through the 4 hr ha. Basket my likely be long today.

We'll see. Have to go with what price does.

Shake
That was quick! Stopped out but only about 100 pips loss. I was only going for the scalp anyway.
  • #369
  • Sep 20, 2011 8:20am Sep 20, 2011 8:20am
Quoting jmw1970
So today I decided to take a little break from the development of the 2.1 bot and the new "recovery" bot

I mean there is no point in me developing all these tools to trade baskets if I have no real sense of how to trade them myself.

As a majority of people say that the KOS 1-15 method is pretty reliable and through my own experience with entering on pullbacks, I have defined some preliminary rules for me

Trend Trades

trades that are in line with the 4hr HAS

A trade can be entered on one of 4 conditions

1) The PA retraces back...
John,

I am following your previous post where you mentioned you have 3 charts populated with HAS. I want to emulate/demo how you are doing your trade and how you set up the HAS on them. Does your 4h HAS also on the 1M offine TF.

Thanks and Regards,

Edd
  • #370
  • Edited 9:02am Sep 20, 2011 8:41am | Edited 9:02am
John,

This is coming along beyond expectation! Thanks again.

I still think it would be nice to be able to choose the NB V10 market view as an input variable in 2 ways. First, a choice for it to look at either H4 or D1 to derive its verdict (regardless of the timeframe of the chart) and second, to allow it to set the "market read" from this; or just manual/user select as it is now. This could simply be a general filter for whatever TLE is being used only allowing trades that concur with its read.

Thanks
GG
  • #371
  • Sep 20, 2011 9:08am Sep 20, 2011 9:08am
Hi Edd

basically I have the following on a 1min chart

15m HAS, 4hr HAS
Bollinger bands

From this I create a template.

I then open 3 1m offline charts and apply this template.

On each of the 1m offline charts I have a version of the Trading Robot - EACH WITH A SEPERATE MAGIC NBR

on the first 1m, I only place trades in direction of the 4hr trend
on the second, I only place counter trend trades against the 4hr
on the third - this is for when a trend trade has gone against me, and i wish to use recovery to avoid the loss

For all this to work, I also have to have the 15m and 4hr offline charts open (purely for HAS generation)

On the 4hr offline chart though, I have the candles so that they don't show and I have my new bot "Recovery Control" running on it (this will be uploaded along with v2.1)

Regards, John

Quoting Edd Ganuelas
John,

I am following your previous post where you mentioned you have 3 charts populated with HAS. I want to emulate/demo how you are doing your trade and how you set up the HAS on them. Does your 4h HAS also on the 1M offine TF.

Thanks and Regards,

Edd
  • #372
  • Sep 20, 2011 9:12am Sep 20, 2011 9:12am
Not exactly sure I understood what you meant in this post

if you mean that you wanted some way for the bot to automatically determine the market read - i have no intention of putting this in, if you look at "Bigbob" by SH, there is still debate on how to correctly determine this

Regarding the control of the TLE's, this is done by market read anyway - therefore I don't understand your comment "as a general filter for TLE's"

Regards John

Quoting Telac
John,

This is coming along beyond expectation! Thanks again.

I still think it would be nice to be able to choose the NB V10 market view as an input variable in 2 ways. First, a choice for it to look at either H4 or D1 to derive its verdict (regardless of the timeframe of the chart) and second, to allow it to set the "market read" from this; or just manual/user select as it is now. This could simply be a general filter for whatever TLE is being used only allowing trades that concur with its read.

Thanks
GG
  • #373
  • Sep 20, 2011 9:39am Sep 20, 2011 9:39am
Hi John,

I only meant that by having the market read set by NB it would work as a filter/controller to any TLE used. I know that the market read controls TLE's if it is on, that's why I suggested to have an option of it being set by NB. However if you feel this is not a good, accurate or determinable parameter; I trust your judgment on that - I realise that what works visually does not necessarily convert well to code. I was just thinking back to my earlier experiments using the NB templates over the offline charts to determine, or at least confirm the market direction which seemed good. Quite honestly I have not kept up with the lastest on the BigBob thread.
  • #374
  • Sep 20, 2011 10:36am Sep 20, 2011 10:36am
Quoting jmw1970
Hi Edd

basically I have the following on a 1min chart

15m HAS, 4hr HAS
Bollinger bands

From this I create a template.

I then open 3 1m offline charts and apply this template.

On each of the 1m offline charts I have a version of the Trading Robot - EACH WITH A SEPERATE MAGIC NBR

on the first 1m, I only place trades in direction of the 4hr trend
on the second, I only place counter trend trades against the 4hr
on the third - this is for when a trend trade has gone against me, and i wish to use recovery to avoid the loss

For all this to...
Thank you.

Regards,

Edd
  • #375
  • Sep 20, 2011 11:28am Sep 20, 2011 11:28am
Hey John,

Quick question, if we set the bot to auto hedge say at $50 or using the Visual Hedge feature and say you unhedge at a certain point in time, does it have the ability to rehedge if you fall into the hole by another $50?

Thanks,
Jag
  • #376
  • Sep 20, 2011 12:24pm Sep 20, 2011 12:24pm
yes it will re-hedge as long as the original hedge has been un-hedged (ie. closed)


Quoting sidhujag
Hey John,

Quick question, if we set the bot to auto hedge say at $50 or using the Visual Hedge feature and say you unhedge at a certain point in time, does it have the ability to rehedge if you fall into the hole by another $50?

Thanks,
Jag
  • #377
  • Sep 20, 2011 1:24pm Sep 20, 2011 1:24pm
Quoting jmw1970
Hi Chroniclez

your explanation for trail fixed is correct

DftBreakEvenAtValue - if set to 0, it will not move the breakeven at all

DftBreakEvenValue - This is just a default for the bot, and determines at what profit level the sl is set to breakeven + lock
DftLockValue - the value of the lock when the move to breakeven value is passed or the button is pressed

ie. DftBreakEvenValue of 10 and DftLockValue of 5

when the profit of the basket reaches 10 USD is will set the minimum profit (ie. the value that the bot will automaticaly close...
John,

Thanks for the clarification!

Also, I tried attaching your EA on H1 offline chart and set it to auto trade but it seems like the EA is not trading automatically. Just wondering if I am doing it wrongly. How do I set the EA to exactly the same as yours, as in the interface. Do I have to set the BB myself?

If the information is already in this thread, I would appreciate if someone direct me to the page.

I hope v2.1 would be out soon. Can't wait to try it

Thanks and sorry for the confusion!
  • #378
  • Sep 20, 2011 3:05pm Sep 20, 2011 3:05pm
which TLE are you trying to autotrade??

for trading with the TLE's you need to ensure that either market read is switched off, OR that market read is set to a valid value for trading (long, short etc)

without more information I cannot help you.

EDIT: I would ensure that you understand v2.0 before rushing to go into v2.1 - version 2.1 has better management of basket features (which unfortunately means slightly more complicated)


Quoting Chroniclez
John,

Thanks for the clarification!

Also, I tried attaching your EA on H1 offline chart and set it to auto trade but it seems like the EA is not trading automatically. Just wondering if I am doing it wrongly. How do I set the EA to exactly the same as yours, as in the interface. Do I have to set the BB myself?

If the information is already in this thread, I would appreciate if someone direct me to the page.

I hope v2.1 would be out soon. Can't wait to try it

Thanks and sorry for the confusion!
  • #379
  • Sep 20, 2011 6:53pm Sep 20, 2011 6:53pm
Quoting jmw1970
yes it will re-hedge as long as the original hedge has been un-hedged (ie. closed)
Thanks John,


I was thinking that instead of taking an SL I would hedge, example you sell and price goes up to your hedge buy stop, after that price continues up and you release your sell basket when market is oversold, and then release your buy basket when it is over bought again(making up for your hedged loss). If you released your sell basket and price kept going down you would re-hedge a sell basket but now be down 2*hedge amount.

In this case the sell basket is not the original hedge, it is the original basket, the buy basket was the hedge.

Another neat feature would be spread control. IE: show total spread of all pairs, and allow the lockdown feature of only being able to trade if spread is not higher than a deviation from an averaged spread, or a set amount if you do not have average spread information yet.

High spreads will drastically reduce your chance of profit.

Thanks,
Jag
  • #380
  • Sep 21, 2011 5:14am Sep 21, 2011 5:14am
Since 6 pair basket was stuck in a range for around 80 bars today, thought it might be an opportunity to test Buy&Sell Limit and Stop Orders.
Unfortunately, only placed them towards the end of range period and Buy Limit was hit and went into instant drawdown, then a brief retrace.
My question to the More experienced traders/coders:
Would it be possible for TLE or the robot to track drawdown? If this exceeded a small preset amount, the robot would close the basket on retrace of half the amount.
eg.Drawdown -$10 followed by retrace. Exit trade at $5 profit and open basket in opposite direction.

The tactic is based on the Mark Fisher principle: Immediate gratification!
If the market has not acted the way you would expect within a time frame (or set drawdown) then get out.
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