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Still Basketting

  • #1,221
  • Nov 7, 2012 11:50pm Nov 7, 2012 11:50pm
Quoting caseyjw
Interesting result max pain.... looks like you should be betting the farm every trade...
lol, jst doing the needful, i take only 1 or two baskets per day after proper confirmations... no way me gonna trade that much
.
  • #1,222
  • Nov 8, 2012 12:35am Nov 8, 2012 12:35am
Quoting Kosomolate
How now everybody!

Paradox has done it for us, those who want to trade c5, c4, 12-2, 14 and all kinds and manners of baskets, open up the code and change the pairs to the group you want.

you can now backtest to your satisfaction and then choose where to pitch your tent.
please lets take advantage of this indicator and come out with better basketting ideas, this is a feat that paradox has achieved, this has not been possible till paradox came on the scene, backtest 14 pairs? no till now.

I just backtested from 1 January till now

thanks paradox...
hi kos,

is it purely an indicator to be applied on a live chart, or do we have to set it on an offline chart like yours?
It is possible to make large sums trading, small losses, large wins
  • #1,223
  • Nov 8, 2012 12:41am Nov 8, 2012 12:41am
Quoting max pain
Attachment

Tradefort - 15 mins - 10,000 Startbar value
maxpain

give more details, this is unbelievable, my result on alpari uk though good but not as good as what you have there

Net Pips: 97,896
Win pips: 108,360
Profit Factor: 10.36!

kos
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
  • #1,224
  • Nov 8, 2012 12:43am Nov 8, 2012 12:43am
Quoting omadivi
hi kos,

is it purely an indicator to be applied on a live chart, or do we have to set it on an offline chart like yours?
apply it the normal chart for TF you want to test, then wait for it to construct everything for you

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,225
  • Nov 8, 2012 12:45am Nov 8, 2012 12:45am
Quoting Kosomolate
maxpain

give more details, this is unbelievable, my result on alpari uk though good but not as good as what you have there

Net Pips: 97,896
Win pips: 108,360
Profit Factor: 10.36!

kos
hi kos,

is this a visual backtest? and how do i go about applying the indicator? live chart or offline chart?
It is possible to make large sums trading, small losses, large wins
  • #1,226
  • Nov 8, 2012 12:46am Nov 8, 2012 12:46am
Quoting Kosomolate
apply it the normal chart for TF you want to test, then wait for it to construct everything for you

kos
thanks
It is possible to make large sums trading, small losses, large wins
  • #1,227
  • Nov 8, 2012 1:05am Nov 8, 2012 1:05am
Quoting Kosomolate
maxpain

give more details, this is unbelievable, my result on alpari uk though good but not as good as what you have there

Net Pips: 97,896
Win pips: 108,360
Profit Factor: 10.36!

kos
Is it using a stop to BE move at 150pip for the 14pairs basket?
  • #1,228
  • Nov 8, 2012 1:23am Nov 8, 2012 1:23am
Quoting Kosomolate
maxpain

give more details, this is unbelievable, my result on alpari uk though good but not as good as what you have there

Net Pips: 97,896
Win pips: 108,360
Profit Factor: 10.36!

kos
I didnt touch any settings on the indicator, just the startingbars, and let it do its thing on M15 chart. Gonna try it on 1H chart now to see if the results match also I see you have changed the HAS settings to 2.3.2.4, and i noticed them to be 2.15.2.15 as default.
.
  • #1,229
  • Nov 8, 2012 1:27am Nov 8, 2012 1:27am
15m min trimeframe
bars 10000
Attached Image (click to enlarge)
Click to Enlarge Name: result.png Size: 60 KB
  • #1,230
  • Nov 8, 2012 1:28am Nov 8, 2012 1:28am
Quoting max pain
I didnt touch any settings on the indicator, just the startingbars, and let it do its thing on M15 chart. Gonna try it on 1H chart now to see if the results match also I see you have changed the HAS settings to 2.3.2.4, and i noticed them to be 2.15.2.15 as default.
Good morning

In my opinion the BE option is not recommended for the long run profitability, unless you make multiple reentries.

Max, how come your spread for 14 pairs is 6.7? Please tell me your broker.

Cheers
  • #1,231
  • Nov 8, 2012 1:47am Nov 8, 2012 1:47am
Quoting Caillou
Good morning

In my opinion the BE option is not recommended for the long run profitability, unless you make multiple reentries.

Max, how come your spread for 14 pairs is 6.7? Please tell me your broker.

Cheers
I demo on Tradefort. My Broker though is Exness and Insta.
.
  • #1,232
  • Nov 8, 2012 1:53am Nov 8, 2012 1:53am
Quoting max pain
I demo on Tradefort. My Broker though is Exness and Insta.
Thank you. So your results are with a demo account right? That can explain such amazing spreads........
  • #1,233
  • Nov 8, 2012 2:24am Nov 8, 2012 2:24am
Attached Image (click to enlarge)
Click to Enlarge Name: masterc11.gif Size: 36 KB


M15 on Insta, startbars=10000..



Attached Image (click to enlarge)
Click to Enlarge Name: masterc12.gif Size: 40 KB

H1 with 10,000 and 2.3.2.4
.
  • #1,234
  • Nov 8, 2012 2:36am Nov 8, 2012 2:36am
The indicator seems to be deeply flawed.


Well... this has piqued my interest enough to start working on my own. Depending on if i choose to work in Metatrader or if I do it all in matlab/python will depend if I post stuff here :] I think I can do it all in metatrader though, hopefully the arrays don't start to bother me too much because I can't slice the way I want to... haha. GL
  • #1,235
  • Nov 8, 2012 2:43am Nov 8, 2012 2:43am
Quoting caseyjw
The indicator seems to be deeply flawed.


Well... this has piqued my interest enough to start working on my own. Depending on if i choose to work in Metatrader or if I do it all in matlab/python will depend if I post stuff here :] I think I can do it all in metatrader though, hopefully the arrays don't start to bother me too much because I can't slice the way I want to... haha. GL

let see it, the deep flaw

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,236
  • Nov 8, 2012 2:46am Nov 8, 2012 2:46am
There are some gaps in the data that has to be worked with using the basketchart and don't have the same gaps when I scroll back with the basketv6, any idea?
  • #1,237
  • Nov 8, 2012 2:48am Nov 8, 2012 2:48am
Quoting pbb
There are some gaps in the data that has to be worked with using the basketchart and don't have the same gaps when I scroll back with the basketv6, any idea?
I noticed the same thing...
.
  • #1,238
  • Nov 8, 2012 2:58am Nov 8, 2012 2:58am
If M5 HAS turns red would this be a good point to add another sell basket?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: kos offline m15.jpg Size: 72 KB
Click to Enlarge Name: kos offline m5.jpg Size: 56 KB
  • #1,239
  • Nov 8, 2012 3:07am Nov 8, 2012 3:07am
Quoting max pain
I noticed the same thing...
One thing, over the backtest period between sept 3 and oct 25 I counted roughly 14000 pips on the 12 basket, uc and gc reversed. Minor adjustments to the original system regarding entry and exit. The same period with basketchart adds more pips (about +50%) but has a few big gaps. The big drawdown as seen by people that trade on election days, don't show up in the backtest I did for the specified period.

Nevertheless this system is fully worth the time spend on it, did I say that before? So Kos
  • #1,240
  • Nov 8, 2012 3:31am Nov 8, 2012 3:31am
I trade through IB and so I am not interested in EA's. Trading through IB has some advantages, like spreads and regulatory things, and some disadvantages, no EA's, no basket stop (only for individual pairs), little added commissions, no alerts or whatever. So, I have to watch it like a hawk from early morning till late at night (well have to check once in a while during that time period). During sleeping time it's a big guess what will happen, am glad that it's the Asian session and am able to set stops on individual pairs. Anyway, when I saw this basketchart indy outcome at first, I thought ok, so that's how it can work when you are able to automate everything. But then again, when you automate things, you depend on indicators that might just sometimes do things that are not supposed to, you can have corrupt data or your broker has an issue.

In an ideal setting I would walk my Black Lab on the beach, have fun with the kids and do everything that I like, just checking the equitycurve once in a while. For anyone that is interested in Kos's system I would say: don't hunt for easy to use EA's, because it's worth the time you spend on it without automation and you'll be in charge! Like I think that it has big advantage for a trader to back (and forward) test manually, this will give you the necessary screentime and the feel for the system.
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