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Still Basketting

  • #1,721
  • Nov 23, 2012 7:29am Nov 23, 2012 7:29am
Quoting caseyjw
Some interesting statistics here from my matlab model.

So I have about 12k hourly bars from OandA's demo account for the 14 pairs. That represents hourly close prices from Jan'11 to present.

The first image is the pip profit curve over that time period, a cumulative sum of closes. (Note: These assume a 50 pip round trip spread cost, OandA averages about 25 pip spread for the basket of 14)

T....
f ~ 0.6
Casey,I've found your statistical analysis very very interesting.
Good Job.
I'm an old basket Trader ,I come from previous Kos Basket thread,and I have a q for you..

For your backtest did you trade 24hrs7days or you filtered out low volatility intraday periods(i.e. late NY session to Tokyo opening)

thx
Account deleted
  • #1,722
  • Nov 23, 2012 8:52am Nov 23, 2012 8:52am
Buy basket +2433 pips ,

shorter's - trapped again
  • #1,723
  • Nov 23, 2012 9:26am Nov 23, 2012 9:26am
Quoting vadlapatis
Buy basket +2433 pips ,

shorter's - trapped again
No they are not trapped if they obey 15min HAS colour change
they would only loose -spread, and long is now 300+ pips

kos
Attached Image (click to enlarge)
Click to Enlarge Name: ss.jpg Size: 69 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #1,724
  • Nov 23, 2012 9:29am Nov 23, 2012 9:29am
1HR TF never gave a short signal today
and now it has added more pips to the Long basket

as I type now its 2600+ pips


Have a wonderful weekend friends!!


kos
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.jpg Size: 61 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #1,725
  • Nov 23, 2012 9:53am Nov 23, 2012 9:53am
Quoting Kosomolate
1HR TF never gave a short signal today
and now it has added more pips to the Long basket

as I type now its 2600+ pips


Have a wonderful weekend friends!!


kos
Wonderful Kos, excellent week this, mate plz check your PM
.
  • #1,726
  • Nov 23, 2012 10:02am Nov 23, 2012 10:02am
I want S.Ex...and now i found it

Hi Kos,
Thank you for starting this thread. The idea is beautiful. I have been through some commercial threads (can't remember which ones) where trading based on general market sentiment is discussed. I loved it but could not figure out the best entry points and how to trade the strategy. But now i found exactly what i want. I call it "something extra" i.e jaara (native language). Now i can just push that trade button knowing that the odds are in my favour. I hope the brokers don't figure out how to deal with this strategy in the long run. Because with good MM, this is money machine for real.

I still don't believe in EAs. I prefer the trade management ones since they can help lock profits and keep account safe in times of spikes. Protect EA is like a night guard not the landlord.

I entered the trade at that horizontal line on the attached pictures. Sadly enough the protect ea took me out of the trade because i set lock profit. I still cant figure out how to deal with that situation while i still want the EA to lock profit. Is it possible to adjust the EA only to lock 5% of the profit? So that it just keeps following the higher highs of the total profit in $$ (not pips) and locks in only 5%. That way i can keep some distance from market price and allow market sentiment to breath. Imagine making love to your sweetheart, you don't want to choke her ....lol. Pardon my sarcasm.

Can you add an option to the EA to close the trades when HAS on the offline H1 changes colour? I also figure out that HAS on H1 can help you stay longer in good trades. It has done that fairly well in the last 3 months. Check the history.

Could you please edit the buy and close scripts so that it can be used to reverse the nasty chf pairs? That way we just run the real script and the reversal script in that sequence for every trade. The protect EA will be added after running the reversal script. This way the protect ea should capture all together otherwise you can adjust the EA to do so.

Sorry i am an oliver twist; always wanting more. I need an email alert when the HAS on H1 changes colour. I have downloaded the HAS with alerts but have not been able to setup the email alert. Kindly advice on how to go about that.

To all Basketeers in the house; keep pipping! Thank you KOS. "wagbayi"
cheers.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: trade 1.gif Size: 47 KB
Click to Enlarge Name: trade 2.gif Size: 47 KB
  • #1,727
  • Nov 23, 2012 10:20am Nov 23, 2012 10:20am
Quoting Kosomolate
1HR TF never gave a short signal today
and now it has added more pips to the Long basket

as I type now its 2600+ pips


Have a wonderful weekend friends!!


kos
yes its +2623 now

HAPPY PIPS WEEKEND
  • #1,728
  • Nov 23, 2012 10:22am Nov 23, 2012 10:22am
Phew , I was about to fire the sell based on the 15 m when i saw the post from kos where it was told to wait for 1H HAS color change.

if that be the case then we can as well trade using the 1 H chart with HAS and remove all these 15 m and vq indicator as our decision is based on the HAS on the 1 H time frame.

correct me if i am missing something
  • #1,729
  • Nov 23, 2012 10:39am Nov 23, 2012 10:39am
Quoting bishopdotun
I want S.Ex...and now i found it

Hi Kos,
Thank you for starting this thread. The idea is beautiful. I have been through some commercial threads (can't remember which ones) where trading based on general market sentiment is discussed. I loved it but could not figure out the best entry points and how to trade the strategy. But now i found exactly what i want. I call it "something extra" i.e jaara (native language). Now i can just push that trade button knowing that the odds are in my favour. I hope the brokers don't figure out how...
You can do most of the things you want to do with an ea by using the one I posted on post number 1626. It was posted by GVC before that in a zip file a while back. You can set 5 to 14 pairs in a basket, reverse certain pairs, modify stops or use trails, exit or enter using vqzz2, and other stuff. So check it out. Have a great weekend.
  • #1,730
  • Nov 23, 2012 11:23am Nov 23, 2012 11:23am
Quoting max pain
Wonderful Kos, excellent week this, mate plz check your PM
yes excellent week

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,731
  • Nov 23, 2012 11:30am Nov 23, 2012 11:30am
Quoting unimak
Phew , I was about to fire the sell based on the 15 m when i saw the post from kos where it was told to wait for 1H HAS color change.

if that be the case then we can as well trade using the 1 H chart with HAS and remove all these 15 m and vq indicator as our decision is based on the HAS on the 1 H time frame.

correct me if i am missing something
very correct, that what I move up to with 1HR, no VQzz2, 15min for re-entry.
However, on 1HR TF -560 SL could be hit easily on a whipshaw day.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,732
  • Nov 23, 2012 11:35am Nov 23, 2012 11:35am
Quoting bishopdotun
I want S.Ex...and now i found it

Hi Kos,
Thank you for starting this thread. The idea is beautiful. I have been through some commercial threads (can't remember which ones) where trading based on general market sentiment is discussed. I loved it but could not figure out the best entry points and how to trade the strategy. But now i found exactly what i want. I call it "something extra" i.e jaara (native language). Now i can just push that trade button knowing that the odds are in my favour. I hope the brokers don't figure out how...
Hi Dotun!

pick the EA that is been refered to by TheDirtySerb and MPTM posted by dryclean
and all the issues are solved

wa sere

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,733
  • Nov 23, 2012 11:44am Nov 23, 2012 11:44am
Hi. I'm simulating in with LFH simulator (ALL MANUAL, NOT EA). This weekend market is closed so... I don't believe too much in MT4 history data but, that's all I have.

My question is about my SL. Is it correct? Tight?

Please comment.
http://dc388.4shared.com/img/Dlq-_8w...simulation.jpg

**the SL is the red line
  • #1,734
  • Nov 23, 2012 11:50am Nov 23, 2012 11:50am
Kos,

Whipsaw indeed! Seems further development is needed perhaps that is why we demo trade!

Casey
  • #1,735
  • Nov 23, 2012 12:32pm Nov 23, 2012 12:32pm
Quoting caseyjw
Kos,

Whipsaw indeed! Seems further development is needed perhaps that is why we demo trade!

Casey
move up to 1HR TF and have rest of mind.

All you need to put in place as further development is Money Management

Imagine 8 trading days (14th till today) of not lifting a finger to place any trade
and the week still closed in 2700+ pips isn't that great?

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,736
  • Nov 23, 2012 12:40pm Nov 23, 2012 12:40pm
I am using 1 hr, i got into the buy late, closed out 1100+ pips yesterday, lost about 300 on te short signal and am now up 180 in a new long... My monthly goal is 1000 pips so looking very good so far for first 5 days
  • #1,737
  • Nov 23, 2012 12:42pm Nov 23, 2012 12:42pm
How do you manage SL? and EXITS?
  • #1,738
  • Nov 23, 2012 1:02pm Nov 23, 2012 1:02pm
Quoting caseyjw
I am using 1 hr, i got into the buy late, closed out 1100+ pips yesterday, lost about 300 on te short signal and am now up 180 in a new long... My monthly goal is 1000 pips so looking very good so far for first 5 days
thats cool

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,739
  • Nov 23, 2012 1:04pm Nov 23, 2012 1:04pm
Quoting inni
How do you manage SL? and EXITS?
your SL is -560 for 14 pairs and when +150 you BE on 15min TF

exit is opposite direction signal

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,740
  • Nov 23, 2012 1:10pm Nov 23, 2012 1:10pm
Quoting Kosomolate
your SL is -560 for 14 pairs and when +150 you BE on 15min TF

exit is opposite direction signal

kos
So, if I'm not wrong, doing CORE5, my SL should be 200p. 5 lots of 0,01--> 0,05---> 50USD of risk. Am I wrong?
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