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  • #1,661
  • Nov 22, 2012 2:07am Nov 22, 2012 2:07am
Quoting dvanderlinde
Hey Casey,

So this is for 1H timeframe and follows Kos' method as is?
With or without the VQzz?

Thanks
1 Hour timeframe, not using VQzz or HAS. VQzz is basically a smoothed version of the Volatility Quality indicator that was proposed in an issue of Active Trader magazine. I had designed a whole strategy around it a while back, but turned out to not be profitable. It looks at the difference of the high and the low and the difference of the open and close and the ratio between the two quantities. It deems "good" volatility when the distance between the high and the low and the distance between the open and the close is relatively close. This is volatility we can profit from. And of course, the polarity of the VQ value is in the direction of movement. The VQzz makes a moving average of those values in the indicator buffer.

The article is paywalled here: http://store.activetradermag.com/the...atility-1.aspx

The HAS indicator is also basically a fancy moving average, taking some highs and lows and opens and closes and adding and subtracting then taking a mean and so forth, and the smoothed version again takes a moving average of the indicator buffer values.

Close = (Open+High+Low+Close)/4
Open = [Open (previous bar) + Close (previous bar)]/2
High = Max (High,Open,Close)
Low = Min (Low,Open, Close)

So using the HAS on the M15 time frame, and the VQzz on the H1 or H4 or some other such, is quite similar to a basic moving average crossover, which I have done on the H1 chart to get the results you see earlier.

As I don't want to derail Kos' thread with my musings, I will leave it at that - which is more than enough to get started.
  • #1,662
  • Edited 2:27am Nov 22, 2012 2:26am | Edited 2:27am
Quoting Pinhead
Here's the Core5 indicator for generating the offline charts. Go to post #1613 on page 108 for the Core5 Buy/Sell Basket scripts provided by Dryclean. I recommend the MPBM basket manager EA below, which allows you to input either per basket or total pips for TP, SL and TS. If you look at the code in MetaEditor, you'll find excellent instructions.
i opened buy trades using core 5 buy but mpdm is not catching those trades, it is saying no open trade , what could be wrong ?? i gave the same magic number
  • #1,663
  • Nov 22, 2012 2:28am Nov 22, 2012 2:28am
Quoting Pinhead
Here's the Core5 indicator for generating the offline charts. Go to post #1613 on page 108 for the Core5 Buy/Sell Basket scripts provided by Dryclean. I recommend the MPBM basket manager EA below, which allows you to input either per basket or total pips for TP, SL and TS. If you look at the code in MetaEditor, you'll find excellent instructions.
thanks Pinhead

You are doing a very good job helping others
who are just coming in but cannot read
the whole thread that is now becoming very long now

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,664
  • Nov 22, 2012 2:46am Nov 22, 2012 2:46am
hello all!

the thread is growing faster than I think, I thought BTS trading has been around for some time
and would just attract my old friends that is why I didn't take time to arrange things in the first post,
I don't know it would arouse the interest of many new and old traders.

Therefore, this is my request; if any one knows how to put the important posts and instructions in PDF
pls do it and attach it to my email so that I can put it in the first post where it would be easily accessible
and after that if anyone comes with questions that already have answers or chart setup issues that
would grow the thread unnecessarily I will stop the person from posting here.

the more the thread grows with such flimsy questions, the more the important things would get lost
and the thread becomes a daunting task for newcomers and my conscience would not allow me to tell someone
to read the thread when I know that the many pages are full of irrelevance.

settle chart setup issues with PMs if you can not comb the thread for the information you need

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,665
  • Nov 22, 2012 2:53am Nov 22, 2012 2:53am
Quoting caseyjw
1 Hour timeframe, not using VQzz or HAS. VQzz is basically a smoothed version of the Volatility Quality indicator that was proposed in an issue of Active Trader magazine. I had designed a whole strategy around it a while back, but turned out to not be profitable. It looks at the difference of the high and the low and the difference of the open and close and the ratio between the two quantities. It deems "good" volatility when the distance between the high and the low and the distance between the open and the close is relatively close. This is...
I trade 1hr TF on my classic account and may I inform you that the profit graph is almost the same as what your matlab plotted, many indicators are based on MAs HAS is not an exception what makes the difference is the period and method.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,666
  • Nov 22, 2012 2:58am Nov 22, 2012 2:58am
Quoting unimak
i opened buy trades using core 5 buy but mpdm is not catching those trades, it is saying no open trade , what could be wrong ?? i gave the same magic number
If there is a Trade Comment, it must match, too.
  • #1,667
  • Nov 22, 2012 3:04am Nov 22, 2012 3:04am
Impressive thread , I think many traders did not quite understand , that includes me as well, 5 star rating. takes care of whipsaws
  • #1,668
  • Nov 22, 2012 3:04am Nov 22, 2012 3:04am
Buy basket @ +2397 pips and made a high +2420 pips

thank u kos - first time in life
  • #1,669
  • Nov 22, 2012 3:22am Nov 22, 2012 3:22am
Quoting vadlapatis
Buy basket @ +2397 pips and made a high +2420 pips

thank u kos - first time in life
gradually bringing the month of May to my mind,
that was how it kept wriggling down bit by bit for 15 trading days
for 4000+ pips

Hope that happens again

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,670
  • Nov 22, 2012 3:42am Nov 22, 2012 3:42am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Sillubrious
Hi Everyone,

This thread is kicking on nicely and I like the positive vibe here.Keep it going.
Just one question:

When I load the Basketting V5 ea and the 2Protectaccount ea into MT4 they are grey incolour under the experts tab.This shows me that even though I get a smiley face on the chart that the ea is not running and is not taking any trades.
Can someone please lend a hand.

Thanks in advance.


Regards


Jacques
Hi Jacques

No - the grey colour under expert tab mean you don't have access to the code you have .ex4 versions and not .mq4 versions.

the EA's will function just fine, so unless you wish to mess with the code there's no issues.

regards

MPP
  • #1,671
  • Edited 4:21am Nov 22, 2012 3:59am | Edited 4:21am
I'm testing Vqzz2 indicator in visual backtest with LFH simulator and it's awesome. If I'm long and see it change to red, just close and go short. Too easy to be true. The point is thgat I do bactesting visualy 32x, and I don't wait to the bar to close (1H bar).

What do you think? . SHOULD I wait to bar close?. WHY?

Thanks in advance!
  • #1,672
  • Nov 22, 2012 4:03am Nov 22, 2012 4:03am
Hi Kosomolate,

great system and thread.
Can pivots be used in basket trading ie daily weekly monthly or fib pivots?

thanks
  • #1,673
  • Nov 22, 2012 4:30am Nov 22, 2012 4:30am
Quoting caseyjw
1 Hour timeframe, not using VQzz or HAS. VQzz is basically a smoothed version of the Volatility Quality indicator that was proposed in an issue of Active Trader magazine. I had designed a whole strategy around it a while back, but turned out to not be profitable. It looks at the difference of the high and the low and the difference of the open and close and the ratio between the two quantities........
..........
The HAS indicator is also basically a fancy moving average, taking some highs and lows and opens and closes and adding and subtracting...
Hi Caseyjw, Could you explain briefly what is your strategy with crossing moving average, and what indicators are you using?
To not derail Kos' thread, you could pm me. Thank you in advance.
  • #1,674
  • Nov 22, 2012 4:55am Nov 22, 2012 4:55am
Quoting MPP
Hi Jacques

No - the grey colour under expert tab mean you don't have access to the code you have .ex4 versions and not .mq4 versions.

the EA's will function just fine, so unless you wish to mess with the code there's no issues.

regards

MPP
Thanks MPP, much appreciated
  • #1,675
  • Nov 22, 2012 6:00am Nov 22, 2012 6:00am
@kos
hey mate i have tried to put your charts and manual in a pdf file i am sending u a message kindly have a look at it!
and let me know if anything is missing
  • #1,676
  • Nov 22, 2012 6:25am Nov 22, 2012 6:25am
Quoting Kosomolate
gradually bringing the month of May to my mind,
that was how it kept wriggling down bit by bit for 15 trading days
for 4000+ pips

Hope that happens again

kos
Expecting the 1.3x mark for EURUSD so i dont think its impossible
.
  • #1,677
  • Nov 22, 2012 6:41am Nov 22, 2012 6:41am
Quoting Kosomolate
hello all!

the thread is growing faster than I think, I thought BTS trading has been around for some time
and would just attract my old friends that is why I didn't take time to arrange things in the first post,
I don't know it would arouse the interest of many new and old traders.

Therefore, this is my request; if any one knows how to put the important posts and instructions in PDF
pls do it and attach it to my email so that I can put it in the first post where it would be easily accessible
and after that if anyone comes with questions...
Yes this is a good idea. I was going to suggest to you or someone who is video savvy to make a brief video showing how to get everything up and running. Just so the same questions don't get asked over and over again. Kinda of a put this here, put that there, make sure you have a one hour chart open for vqzz2, restart the platform kind of a video. Then put it in the first post and we can direct same traffic questions there. I think that will help our non-English speaking/reading friends as well because it would be a visual aid. I would do it for you, but have no idea how to do one of those videos.

I'm really having fun with this system, so thanks and keep it going.
  • #1,678
  • Nov 22, 2012 6:54am Nov 22, 2012 6:54am
Quoting inni
I'm testing Vqzz2 indicator in visual backtest with LFH simulator and it's awesome. If I'm long and see it change to red, just close and go short. Too easy to be true. The point is thgat I do bactesting visualy 32x, and I don't wait to the bar to close (1H bar).

What do you think? . SHOULD I wait to bar close?. WHY?

Thanks in advance!
what ever way you are doing it, wait for bar close,
the colour change is not concluded until barclose


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,679
  • Nov 22, 2012 7:18am Nov 22, 2012 7:18am
Hello from Niagara
Can't believe this run
Thanks Kos for bringing back BTS
I too am surprised by the action going on the thread

All newbies go back and read everything you can T101 GVC KOS Orest
just do a search for baseket trading

Also Newbies try not to over trade
don't look at the PA and go "Heck i am missing this run I think I will jump it"
then it goes south and then you do a sell before you know it you have both buy and sell baskets open
the bottom line is you get creamed

This method is for the patient trader

One of the best things Kos wrote was

"whoop them front and back, use them brokers to clean the ground.
they haven't seen anything yet, a time would come you will be in a BTS trade for weeks
when you come up to do 1HR TF and they would simply leave your trades alone while
they hunt others SL and eating them for lunch"
  • #1,680
  • Nov 22, 2012 7:18am Nov 22, 2012 7:18am
Quoting traderuk
Hi Kosomolate,

great system and thread.
Can pivots be used in basket trading ie daily weekly monthly or fib pivots?

thanks
many ways to skin a cat, that is one of them

kos
John 3:16 - From THIS love no power on earth can me sever.
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