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Still Basketting

  • #1,361
  • Nov 9, 2012 11:45pm Nov 9, 2012 11:45pm
Quoting afolabiay
i want to know if the vqzz2 indicator does not repaint.
No it doesn't, it's a mtf indicator.
  • #1,362
  • Nov 10, 2012 12:06am Nov 10, 2012 12:06am
Quoting pbb
No it doesn't, it's a mtf indicator.
thanks cos looking at it its more accurate even without basketting
  • #1,363
  • Nov 10, 2012 1:03am Nov 10, 2012 1:03am
Quoting afolabiay
thanks cos looking at it its more accurate even without basketting
Looks like repaint, but isn't really. As soon as the chosen longer timeframe is closed it won't repaint, before that it will.
  • #1,364
  • Nov 10, 2012 3:51am Nov 10, 2012 3:51am
how much do you think i can use to start trading the basket cause as for me trading strategy that works with 100$ can be better, can i still trade basketting with it?
regards
  • #1,365
  • Nov 10, 2012 4:42am Nov 10, 2012 4:42am
Quoting afolabiay
how much do you think i can use to start trading the basket cause as for me trading strategy that works with 100$ can be better, can i still trade basketting with it?
regards
hi,

im not sure what the lowest fraction there is on micro accounts,on my alpari demo account its 01 lot size,which is to large for 100 doller account,if you implement reasonable mm .personally 5 % risk on account size is what i work with on my live accounts .so do that calculation and then find out if micro accounts go down to that level,on 001 per lot thats over 50 % risk concidering 560 pip stop,1000 dollers would work on 001 lot size

sorry havnt really answered your question
  • #1,366
  • Nov 10, 2012 6:58am Nov 10, 2012 6:58am
Quoting diceman555
hi,

im not sure what the lowest fraction there is on micro accounts,on my alpari demo account its 01 lot size,which is to large for 100 doller account,if you implement reasonable mm .personally 5 % risk on account size is what i work with on my live accounts .so do that calculation and then find out if micro accounts go down to that level,on 001 per lot thats over 50 % risk concidering 560 pip stop,1000 dollers would work on 001 lot size

sorry havnt really answered your question
thanks for your response, you are talking about alpari which i don't use i use forex time and lite forex i can use 0.01 on both,which 10 cent per pip is it ok with 100$ i mean if i lose 560 pips that is 56$ loss whew that i lot of loss, how frequent is the loss? and what is the winning ratio
  • #1,367
  • Nov 10, 2012 7:17am Nov 10, 2012 7:17am
Quoting afolabiay
thanks for your response, you are talking about alpari which i don't use i use forex time and lite forex i can use 0.01 on both,which 10 cent per pip is it ok with 100$ i mean if i lose 560 pips that is 56$ loss whew that i lot of loss, how frequent is the loss? and what is the winning ratio
I would not try this system with $100 unless you open a penny account
You will get stopped out very fast I would say more like $500 needed to start

Or trade the Core 5 which reduces you exposure to 200 pips but still that is 20%
  • #1,368
  • Nov 10, 2012 7:18am Nov 10, 2012 7:18am
Hi afolabiay, I use Instaforex Standard account which is $1 per pip.. still a very wide range for trading with $100 balance. If I loss 560 pips with 0.01 lot it's only $5.6. for me the reasonable winning pips per trade is 150 - 300 pips or $1.5 - $3.0
  • #1,369
  • Nov 10, 2012 7:51am Nov 10, 2012 7:51am
Quoting getgot
Hi afolabiay, I use Instaforex Standard account which is $1 per pip.. still a very wide range for trading with $100 balance. If I loss 560 pips with 0.01 lot it's only $5.6. for me the reasonable winning pips per trade is 150 - 300 pips or $1.5 - $3.0



thats perfect,just above 5 %.

this method refers to pips most of the time,which can seem duanting,but you should always look at any system from a risk point a view.a 560 pip loss from my basket trades relates in money terms to the very same as a 6 pip loss on my cable scalping method,my risk is always 5 % of my account balance
  • #1,370
  • Nov 10, 2012 8:09am Nov 10, 2012 8:09am
Dude

no offense.
I added my thoughts with respect to creator.
if you find it valuable then I be happy, if not just ignore.

wish you good luck & profit.
walker.

Quoting Thoughts
Dude, thanks for the theory but the thread creator has traded the system long enough to verify its a really really profitable strategy.
  • #1,371
  • Nov 10, 2012 8:39am Nov 10, 2012 8:39am
Quoting getgot
Hi afolabiay, I use Instaforex Standard account which is $1 per pip.. still a very wide range for trading with $100 balance. If I loss 560 pips with 0.01 lot it's only $5.6. for me the reasonable winning pips per trade is 150 - 300 pips or $1.5 - $3.0
cool i will add it to my trading system
  • #1,372
  • Nov 10, 2012 8:47am Nov 10, 2012 8:47am
& I dont think none of you knew about T101 Lot size FIX ( Balance )
when get informed dont ignore before understand.
read & understand.
if it works for you take it. if not ignore.

walker.

Quoting trader101
This is a little off-topic; I hope Brian won’t mind just to clear some of those few nagging questions in the balancing of the selected pairs.

To hedge gbp portion on the pairs (EURGBP AND GBPJPY):

Assuming the current price of EurGbp is 0.9145

You must buy 1/0.9145 lot of EURGBP = 1.093 lot of EURGBP
[color=black][font=Verdana]You must also buy 1 lot of GBPJPY then you...

Quoting stevewalker
Dude

no offense.
I added my thoughts with respect to creator.
if you find it valuable then I be happy, if not just ignore.

wish you good luck & profit.
walker.
  • #1,373
  • Nov 10, 2012 9:45am Nov 10, 2012 9:45am
Quoting stevewalker
& I dont think none of you knew about T101 Lot size FIX ( Balance )
when get informed dont ignore before understand.
read & understand.
if it works for you take it. if not ignore.

walker.
Already been discussed here:
Quoting Paradox
Here is the script for dynamically scaling or re-weighting a basket efficiently and accurately.
  • #1,374
  • Nov 11, 2012 2:57am Nov 11, 2012 2:57am
Quoting ananthhh
Got some concerns on EA.
I will consider all the valid concerns and will post the next update on coming friday.

Thanks
Hi Ananthhh - looking forward to the next release! No rush though.
  • #1,375
  • Nov 11, 2012 7:09am Nov 11, 2012 7:09am
Quoting afolabiay
i want to know if the vqzz2 indicator does not repaint.
Hi Kosomolate,

My first post in this thread. Thanks for the share.

Affolabiay, VQ is a Multi Time Frame Indicator. With eintTF set to 60, while a particular hour is in progress all bars on a 15M chart upto the previous hour will keep on changing from one colour to another depending on the current value of the indicator. Once a new hour starts the previous 4 bars on the 15M chart will no longer change colours.

Experiment with the following settings on a 15M chart:

eintTF 15
eintPeriod 28
eintMethod 3
eintSmoothing 4
eintFilter 5

The above setting on 15M Timeframe is practically equal the original setting and will give results close to 60M timeframe. As the indicator TimeFrame and the Chart Time frame are now the same, colours will not change once we move into the next bar.

TF
  • #1,376
  • Nov 11, 2012 11:12am Nov 11, 2012 11:12am
Quoting TradeForexFx
Hi Kosomolate,

My first post in this thread. Thanks for the share.

Affolabiay, VQ is a Multi Time Frame Indicator. With eintTF set to 60, while a particular hour is in progress all bars on a 15M chart upto the previous hour will keep on changing from one colour to another depending on the current value of the indicator. Once a new hour starts the previous 4 bars on the 15M chart will no longer change colours.

Experiment with the following settings on a 15M chart:

eintTF 15
eintPeriod 28
eintMethod 3
eintSmoothing 4
eintFilter 5

The above...
Thanks bro i love this indicator and with the settings you give me i can trade with the indicator it is very accurate thanks for your response
  • #1,377
  • Nov 11, 2012 3:41pm Nov 11, 2012 3:41pm
Hi every one.
I have been reading the whole thread several times, then tried the kos strategy it s really interresting remind me T101 thread a lot, but there is something we maybe should add, it s an email alert to the hei ken ashi smoothed too bad im not a coder. What do you think ? It will be easier to spot a trade while you are away.

Thanks to post this strategy.
Good night every one.
  • #1,378
  • Nov 11, 2012 4:09pm Nov 11, 2012 4:09pm
Quoting toinou21
Hi every one.
I have been reading the whole thread several times, then tried the kos strategy it s really interresting remind me T101 thread a lot, but there is something we maybe should add, it s an email alert to the hei ken ashi smoothed too bad im not a coder. What do you think ? It will be easier to spot a trade while you are away.

Thanks to post this strategy.
Good night every one.
I suggested the same somewhere in the beginning of this thread and it has been answered. Please look back or search in the thread's attachments file for the shared heikin ashi indicators (some of them have the email alert).
  • #1,379
  • Nov 11, 2012 10:50pm Nov 11, 2012 10:50pm
Any 1 in Buy Basket ????
  • #1,380
  • Nov 11, 2012 11:23pm Nov 11, 2012 11:23pm
Hi,
I have configured all indicators for this system on my chart successfully but the EA Basket v0.5 not working.
As we seen, this morning have a BUY point but the EA did not open any orders.
I have checked the LOG but nothing.

Here is the screenshot of my chart.

Please help me to make it WORK.
Thanks a lot!
Attached Image (click to enlarge)
Click to Enlarge Name: EA Basket v05.png Size: 102 KB
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