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Still Basketting

  • #561
  • Nov 1, 2012 2:43am Nov 1, 2012 2:43am
Quoting Gvc
Hi Kos

Congrats on your new thread, well done.

DryClean thanks for the heads up.
is that George? you are very welcome to the thread
I know you know about it before so let fire it up

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #562
  • Nov 1, 2012 2:45am Nov 1, 2012 2:45am
Quoting Paradox
Here it is.

It really depends on what you want to do with it. I like self contained code that I can test and build upon. But there are also advantages to a real chart even if it is offline. With this chart you cannot attach custom indicators. For example the EA written by xlitang uses iCustom on the offline chart, which is a convenient and useful thing to be able to do.

I include a couple example pictures. I made the default setting to be what KOS is actually trading I think. As you can see it is different than the normal 14 basket chart since...
thanks for the tool paradox.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #563
  • Nov 1, 2012 2:48am Nov 1, 2012 2:48am
Quoting jasonckb
IMHO, 8 pairs trade excluding UC,GC,EG,EC is much more manageable.
What is your full suggested list of pairs Jason?
  • #564
  • Nov 1, 2012 2:48am Nov 1, 2012 2:48am
Quoting AmberX5
Hi

I run the script of Buy & sell ...it can open all the 14 trades (Buy & sell). Now I run to close the trade using Close All script. The trades does not run automatically. Infact, I have to close the 14 trades manuale.


Msg given under experts:-
2012.10.31 22:35:15 CloseAll #kos#14,M15: removed
2012.10.31 22:35:15 CloseAll #kos#14,M15: uninit reason 0
2012.10.31 22:35:15 CloseAll #kos#14,M15 inputs: option=3; magic_number=0; comment_text="";
2012.10.31 22:35:07 CloseAll #kos#14,M15: loaded successfully

How to solve this ....thank...
once you put zero in the input box the script will close by magic number. This have been beautifully answer at the beginning of the thread. that close script is a master piece to close all kind of trades. open it up and look inside the explanation is there.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #565
  • Nov 1, 2012 2:52am Nov 1, 2012 2:52am
Quoting kroote
I am not sure if this system is so easy or I am just lucky but yesterday I entered long and I am now up over 400 pips. But I have no idea how to manage it other than closing all. How does the ea manager work? Is there instruction someway in this thread?
rush back and read the pages all over before its too long and everything muddled up. you will see how to manage the trades. it is not as easy as it appears if you don't understand the principle behind it. It is like a two edged sword. it usefulness depends on the handling.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #566
  • Nov 1, 2012 2:54am Nov 1, 2012 2:54am
Quoting brucech
See picture for your answer.
thanks for graphically answering the question

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #567
  • Nov 1, 2012 2:55am Nov 1, 2012 2:55am
Quoting MPP
if your trading 0.1lots on a USD based account - each pip is worth approx $1 - so in this case the profit is $1000.00

had Kos each pair was up 1000pips then you would be correct.
thanks for answering the question

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #568
  • Nov 1, 2012 2:55am Nov 1, 2012 2:55am
Thank U for replying on my post ... I will try on it ...Infact, i am reading this forum /section 2 -3 times incase I miss something. It is interesting this basket method. I am getting the hand of it.
  • #569
  • Nov 1, 2012 2:56am Nov 1, 2012 2:56am
Quoting jasonckb
To my very brief understanding, the system trade to win when market is in a severe imbalance and all (or almost) go into the same direction. This, in nowadays term, is the risk on and risk off. THe system is basically trading the risk on and off situation, that is anti-usd/jpy. But strange is EG is in a wired position, it is not related to risk on/off or hedge anything. The second pair that I think strange is USDCHF, it is totally different from USDJPY who is the major carry trade currency. The case is when you risk on and long the basket, all pairs...
prove it sir

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #570
  • Nov 1, 2012 2:59am Nov 1, 2012 2:59am
the profit protect EA keeps issuing expire alert. Has anybody got a clue in it?
  • #571
  • Nov 1, 2012 3:00am Nov 1, 2012 3:00am
This morning, I saw my 15 min offline chart has a missing gap...this is me or U all also have this gap ? I run basket in 2 demo, and it is the same. Any one?
Attached Image (click to enlarge)
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  • #572
  • Nov 1, 2012 3:06am Nov 1, 2012 3:06am
Quoting AmberX5
This morning, I saw my 15 min offline chart has a missing gap...this is me or U all also have this gap ? I run basket in 2 demo, and it is the same. Any one?
go to the normal chart where you have the basketv6
right click on the chart
select indicators
on the indicator box that pops up
double click on the basketv6 and
click ok

it will refresh the offline chart

OR simply close and re-open your mt4 and everything will be ok that is if you are still using the one I posted

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #573
  • Nov 1, 2012 3:16am Nov 1, 2012 3:16am
this buy basket started this time on Tuesday and still on, I waited to see it if it is going to finish but it kept wriggling its way up inch by inch.



kos
Attached Image (click to enlarge)
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John 3:16 - From THIS love no power on earth can me sever.
  • #574
  • Nov 1, 2012 3:17am Nov 1, 2012 3:17am
Quoting Kosomolate
go to the normal chart where you have the basketv6
right click on the chart
select indicators
on the indicator box that pops up
double click on the basketv6 and
click ok

it will refresh the offline chart

OR simply close and re-open your mt4 and everything will be ok that is if you are still using the one I posted

kos
Thanks ...U are right : I just do the simple way of opening n closing . thanks again!
  • #575
  • Nov 1, 2012 3:24am Nov 1, 2012 3:24am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting jasonckb
the profit protect EA keeps issuing expire alert. Has anybody got a clue in it?

yes - the original version that was released has an expiry date coded into it. so only members of T101 group that paid there fees got to use the indi's he provided.

it was a minor fee and kept out timewasters.
  • #576
  • Nov 1, 2012 3:26am Nov 1, 2012 3:26am
Quoting MPP
yes - the original version that was released has an expiry date coded into it. so only members of T101 group that paid there fees got to use the indi's he provided.

it was a minor fee and kept out timewasters.
exactly!

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #577
  • Nov 1, 2012 3:27am Nov 1, 2012 3:27am
Quoting Kosomolate
Hi kattie!

No I don't reverse for every trade, look at the trade from yesterday, if I had not reversed GC & UC the profit would have been more. Currency trading is an art not science, its a reflection of human behavior which is not really 2+2 = 4

see what reversed GC & UC has done to the profit now and see the EG that is not reversed is also doing. the three of them are holding $192 to ransome

Now to how I reverse, Once I enter for E.G. sell and the basket is buying initially, I observe the pairs going into profit as things are going the...
Ok, with the slightly different strategy (exit, entry) that I used in the manual backtest it's a little different. This different approach is not something I came up with trough optimizing afterwards, just some set of rules/settings that I prefer to use in most of my trading and which I used in the backtest from start. EG long would have made +10 pips, GC short + 23 pips and UC short +72 pips. So instead of -192 pips, all three together would have posted +105 pips. The other pairs, of course have different profit/loss values as well. The counter part is that the current long basket that is still running for a potential larger profit, would already have been closed at (only!, amazing) +425 pips.

Which make me think something like: maybe I should go live next Monday!
  • #578
  • Nov 1, 2012 3:35am Nov 1, 2012 3:35am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting pbb
Ok, with the slightly different strategy (exit, entry) that I used in the manual backtest it's a little different. This different approach is not something I came up with trough optimizing afterwards, just some set of rules/settings that I prefer to use in most of my trading and which I used in the backtest from start. EG long would have made +10 pips, GC short + 23 pips and UC short +72 pips. So instead of -192 pips, all three together would have posted +105 pips. The other pairs, of course have different profit/loss values as well. The counter...
and maybe by tuesday you will be broke.................

live - real account or Demo?

when testing a new system you should have at least 6 months solid practice with it, most of the system on FF will look good to start with as they are geared towards the current market, but you need to learn how to handle the bad days too. good luck in your ventures, but don't rush to give away hard earned cash - - become a master first, then nail it down and ride the wave to victory.
  • #579
  • Nov 1, 2012 3:41am Nov 1, 2012 3:41am
Quoting Kosomolate
this buy basket started this time on Tuesday and still on, I waited to see it if it is going to finish but it kept wriggling its way up inch by inch.



kos
morning kos,yes im still holding the buy basket also from tuesday.its remained positive since open,creaping upwards !

just on the pairs and reversing,the usd/chf i always reverse,if you look at correlated pairs ,(google)one can see its averaged around 80 %,so i would suggest always reversing that pair.

e/g this for obvious reasons will always be a 50 % in our favour or against the basket,so leave it be,it will average out over a number of baskets,

gb/chf, in my observations i would trade in the direction of the basket,over time this will be more positive to the basket than negative,its up with pack leaders in this present buy basket,

e/chf,trade in direction of basket over 50% of the time it will be positive to basket.

id say dont fiddle to much with the pairs,they were chosen for a reason.
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  • #580
  • Nov 1, 2012 3:45am Nov 1, 2012 3:45am
Quoting forexferrari
Hello Diceman555
Can you point me in the direction where I can get a market watch such as yours which you have posted?
Your teachings are gold my dude.
Thanks mate.
ill answer in pm ,dont want to clog koses thread
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