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Still Basketting

  • #1,261
  • Nov 8, 2012 8:03am Nov 8, 2012 8:03am
for candlestick chart readers...i've found that studying the basket candles themselves can be very useful...aside from taking buy and sell signals on the m15 charts, the higher TFs are alslo worth looking at...i noticed a bullish engulf on the H1 chart...i know this is not specific to any pair, but its a good indication to tighten stops on a "sell" basket...just an observation..
Attached Image
It is possible to make large sums trading, small losses, large wins
  • #1,262
  • Nov 8, 2012 8:03am Nov 8, 2012 8:03am
Anybody are going to buy basket?
  • #1,263
  • Nov 8, 2012 8:14am Nov 8, 2012 8:14am
Quoting Run
Anybody are going to buy basket?
in already
Follow me to the Promised Land
  • #1,264
  • Nov 8, 2012 8:28am Nov 8, 2012 8:28am
Still in Short

to signal at to Buy - Still waiting for correct signal
  • #1,265
  • Nov 8, 2012 8:28am Nov 8, 2012 8:28am
Quoting xlitang
in already
I'm a bit cautious aboing closing my short basket right now. I'd let it run for a bit more, one of my trademark indies is telling me that this upmove could be a small fakey.

Gonna test it right now, extremely small lot sizes.
Please, just slap me around if I'm being silly ...
  • #1,266
  • Nov 8, 2012 8:33am Nov 8, 2012 8:33am
Quoting daemon_delux
I'm a bit cautious aboing closing my short basket right now. I'd let it run for a bit more, one of my trademark indies is telling me that this upmove could be a small fakey.

Gonna test it right now, extremely small lot sizes.
Could you please share with this indi?
  • #1,267
  • Nov 8, 2012 8:35am Nov 8, 2012 8:35am
Quoting Run
Could you please share with this indi?
It's a Gartley Pattern Indicator painter, molded by my own desire. If it proves profitable with this system, and gives a late confirmation about the profit run, I'll post it in a few days (ofc, if Kos agrees with it).
Please, just slap me around if I'm being silly ...
  • #1,268
  • Nov 8, 2012 8:56am Nov 8, 2012 8:56am
Quoting plig
I entered the trade at the break of that level and now I'm +300 pip gain....
HI PLIG could you please share yor indicator and tempelt ? thanks
  • #1,269
  • Nov 8, 2012 9:07am Nov 8, 2012 9:07am
Any 1 in to buy Basket ?

or still holding Sell Basket ?


im still holding Sell Basket
  • #1,270
  • Nov 8, 2012 9:29am Nov 8, 2012 9:29am
Quoting xlitang
in already
where is the buy?

it may even be a point for re-entry if the HAS wick turns back to red else wait till main HAS turns Blue at the close of the bar

kos
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
  • #1,271
  • Nov 8, 2012 9:35am Nov 8, 2012 9:35am
Quoting vadlapatis
Any 1 in to buy Basket ?

or still holding Sell Basket ?


im still holding Sell Basket
Flat at the moment. I think it wants to head north, but market has no energy today. Waiting for clear buy signal on 15M and will enter after retracement, otherwise will get in short and ride the bear train some more. As with most methods, it would appear that patience is a virtue.
  • #1,272
  • Nov 8, 2012 9:40am Nov 8, 2012 9:40am
Thx for pretty nice tool. Performance monitored here https://www.myfxbook.com/portfolio/fullbasket/410795 after light modification of rules. Still finetuning that.
  • #1,273
  • Nov 8, 2012 9:51am Nov 8, 2012 9:51am
Just so you know the difference between live and demo
Top pic live
bottom demo
there is a slight difference
Attached Image(s) (click to enlarge)
Click to Enlarge Name: koslive.gif Size: 13 KB
Click to Enlarge Name: kosdemo.gif Size: 17 KB
  • #1,274
  • Nov 8, 2012 10:13am Nov 8, 2012 10:13am
Quoting daemon_delux
It's a Gartley Pattern Indicator painter, molded by my own desire. If it proves profitable with this system, and gives a late confirmation about the profit run, I'll post it in a few days (ofc, if Kos agrees with it).
I don't know if this picture makes any sense in taking decisions. it may bounce and if it does then we will see it first in 15min TF offline charts. I just hope someone is taking notes on what goes into buy and sell process.

My bias is up so am waiting for long, I may be wrong anyway.

kos
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Click to Enlarge Name: sell carefully.png Size: 27 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #1,275
  • Nov 8, 2012 10:17am Nov 8, 2012 10:17am
what is wrong ?
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  • #1,276
  • Nov 8, 2012 10:22am Nov 8, 2012 10:22am
Quoting Paradox
Ok hope to not clutter the thread since there was some back and forth confusion about the strategy and competingclutter ideas. But since there was some interest in my charts and I finished making it into a useful toy for backtest analysis I am going to share it here. Maybe someone can extend it for their purposes.
This is fantastic Paradox thank you very much. Is there any chance of you releasing an autotrading EA to help those of us who are chained to our desks during the day? There have been a couple released but none dynamically scale/re-weight a basket. Thanks - Pete
  • #1,277
  • Nov 8, 2012 10:24am Nov 8, 2012 10:24am
Quoting kepo38
what is wrong ?
That script has been modified for a specific broker. Change "GBPUSDct" to "GBPUSD", "EURGBPct" to "EURGBP", etc, etc
  • #1,278
  • Nov 8, 2012 10:28am Nov 8, 2012 10:28am
Quoting TheMaxx
That script has been modified for a specific broker. Change "GBPUSDct" to "GBPUSD", "EURGBPct" to "EURGBP", etc, etc
where is true ?
  • #1,279
  • Nov 8, 2012 10:32am Nov 8, 2012 10:32am
Quoting Kosomolate
I don't know if this picture makes any sense in taking decisions. it may bounce and if it does then we will see it first in 15min TF offline charts. I just hope someone is taking notes on what goes into buy and sell process.

My bias is up so am waiting for long, I may be wrong anyway.

kos
Of the many things I have learnt from you, one is watching the higher time frames to know big trend change/resistance/support, 15 Min chart for HAS based entry (for drawing daily resistance and support too), 5 min for re-entry.

H4-H1 chart: Reversal of major trend. Bounces or Break of major levels reflect in 15 min chart first and makes it easy to decide entry.
15 mins chart: Entering based on first VQ signal is dangerous as the TF is set to 60 hence 4 closed bars are to be considered. Perfect entry on 15 min on HAS color change.
5 mins: chart: Can be used for reentry using bounces of HAS.
Any entry or re-entry should be taken considering support and resistance levels.

Please do correct me wherever I am wrong.... jst trying to summarize it
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  • #1,280
  • Nov 8, 2012 10:38am Nov 8, 2012 10:38am
Quoting kepo38
what is wrong ?
Use these -- change the suffix to whatever u have like "ct" , "m" etc...

Attached File(s)
File Type: mq4 TradeHedgeBUYALL.mq4   5 KB | 564 downloads

Attached File(s)
File Type: mq4 TradeHedgeSELLALL.mq4   5 KB | 513 downloads
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