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  • #1,741
  • Nov 23, 2012 11:12am Nov 23, 2012 11:12am
Quoting inni
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?
yes you are wrong, its $20 risk

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,742
  • Nov 23, 2012 11:21am Nov 23, 2012 11:21am
Quoting Kosomolate
yes you are wrong, its $20 risk

kos
Hahahaha. Thanks. I knew Something was weird...
  • #1,743
  • Nov 23, 2012 11:23am Nov 23, 2012 11:23am
Quoting inni
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?
the SL should be$20 on 0.01 lot
I also keep the same BE+150 or $15.00
the nice thing with cored5 is less exposure but profit is about 1/2
on the current run it is near 2700 the core5 is near 1800 still not bad

Listen to me 1800 not bad LOL
  • #1,744
  • Nov 23, 2012 11:25am Nov 23, 2012 11:25am
Quoting dryclean
You are correct
I also keep the same BE+150
the nice thing with cored5 is less exposure but profit is about 1/2
on the current run it is near 2700 the core5 is near 1800 still not bad

Listen to me 1800 not bad LOL
SO it's 20$ or 50$ ?? Bit tired today not thinking fine.

  • #1,745
  • Nov 23, 2012 11:43am Nov 23, 2012 11:43am
Buy basket now +2694 pips

made a high of +2770 pips

i hope next week also no trade , just watch chart 1h tf

bye all

gn

happy weekend
  • #1,746
  • Nov 23, 2012 11:58am Nov 23, 2012 11:58am
Quoting inni
SO it's 20$ or 50$ ?? Bit tired today not thinking fine.

You take 40 pips per pair as your Stop loss
14*40=560 pips
5*40=200 pips

0.01 lots =10 cents per pip
0.10 lots = $1.00 per pip

Set trades to BE once hits 150 pips or $15 for 0.01 lot or $150 for 0.10 lot
I set mine to 200 pips with a 67 % Trail stop
Hope that clears it up

Read the 1st 10 pages and the last ten of any thread to get a feel for the system
  • #1,747
  • Nov 23, 2012 12:12pm Nov 23, 2012 12:12pm
Quoting dryclean
You take 40 pips per pair as your Stop loss
14*40=560 pips
5*40=200 pips

0.01 lots =10 cents per pip
0.10 lots = $1.00 per pip

Set trades to BE once hits 150 pips or $15 for 0.01 lot or $150 for 0.10 lot
I set mine to 200 pips with a 67 % Trail stop
Hope that clears it up

Read the 1st 10 pages and the last ten of any thread to get a feel for the system
Thanks man.
  • #1,748
  • Nov 23, 2012 12:25pm Nov 23, 2012 12:25pm
hi kos,
great work...I've been catching up on the thread...nice stuff...didnt expect the buy basket to last this long, missed the entry so been waiting for "shorts"....the offline chart is invaluable, although i am beginning to think its more tilted towards the yen pairs.. either way, it gives a good read....thanks for sharing..

have a great weekend..
It is possible to make large sums trading, small losses, large wins
  • #1,749
  • Nov 23, 2012 1:01pm Nov 23, 2012 1:01pm
Quoting omadivi
hello traders

took a 400pip-hit from yesterday's buy basket...already on my way to a full recovery...i am beginning to think basket trading isnt for me..
i prefer to trade a max of 5 pairs...the offline chart is a very wicked tool....thanks kos..

here's my approach, get trend on H4 chart(offline), confirm on H1 and take entries on M15...looking at the H4 chart saves a lot of grief..trading the signals off the m15 chart blindly isnt so smart...once again great job with the offline chart kos...
thanks for the interest,
I was not happy when you said BTS is not for you
but now am happy you are beginning to appreciate the tools

have a delightful weekend too

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,750
  • Nov 23, 2012 1:14pm Nov 23, 2012 1:14pm
have not posted in a long time. entry off the 15, held via the hourly, signed the heck on!
  • #1,751
  • Nov 23, 2012 1:15pm Nov 23, 2012 1:15pm
Quoting vadlapatis
Buy basket now +2694 pips

made a high of +2770 pips

i hope next week also no trade , just watch chart 1h tf

bye all

gn

happy weekend
How far are you going to let it run?
  • #1,752
  • Nov 23, 2012 3:05pm Nov 23, 2012 3:05pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
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...

Email alerts are setup inside of MT4 not the indi, go to Tools/options and set up your email details - you should then get all alerts by email.
  • #1,753
  • Nov 23, 2012 4:04pm Nov 23, 2012 4:04pm
Quoting MPP
Email alerts are setup inside of MT4 not the indi, go to Tools/options and set up your email details - you should then get all alerts by email.
Kindly help with these details for yahoo and gmail;

SMTP SERVER:
SMTP LOGIN:
SMTP PASSWORD:
  • #1,754
  • Nov 23, 2012 4:25pm Nov 23, 2012 4:25pm
Hello everyone

Nice Thread Kosomolate

I have the 14 pairs setup nicely, but i'm at wits end on how to setup the 5 core. the offline chart names comes out all jumbled up into charactersand its not opening. My broker has a suffix after the pair name.

Would appreciate if anyone can help or direct me to the post that it was discussed. Pretty sure i saw it explained when i was reading the thread. Well, I'm back to reading it from beginning, might pick up more insights.

Thankyou
Let your plan trade for you, not your emotion!!!
  • #1,755
  • Nov 23, 2012 4:26pm Nov 23, 2012 4:26pm
Quoting Kosomolate
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
Kos, TheDirtySerb and dryclean. Thank you for those tools.
Now this is fx made easy. I'm counting pips already.
Enjoy your weekend guys.
  • #1,756
  • Nov 23, 2012 4:28pm Nov 23, 2012 4:28pm
Quoting swissforex
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
The short answer is yes, from Friday at ~5pm est to Sunday ~3pm est No bar prices are counted. Do I filter out intraday? no, I think that would not add any value...
  • #1,757
  • Edited 7:27pm Nov 23, 2012 6:59pm | Edited 7:27pm
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.
C5 Offline.mq4 (9.0 KB, 71 views) http://images.forexfactory.net/attach/mq4.gif MPBM.mq4 (17.1 KB, 85 views)
Pinhead and All, kindly please help me where to attached these indi in my MT4? and what template do I use for C5? Thanks!
  • #1,758
  • Nov 23, 2012 10:09pm Nov 23, 2012 10:09pm
Quoting sidhujag
How far are you going to let it run?
it would run till HAS screams SHORT!!
else I would keep adding on to the basket.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,759
  • Nov 23, 2012 10:25pm Nov 23, 2012 10:25pm
Quoting bishopdotun
Kos, TheDirtySerb and dryclean. Thank you for those tools.
Now this is fx made easy. I'm counting pips already.
Enjoy your weekend guys.
if this is your first contact with basket trading
I will advice that you thread softly on lotsizing, not all weeks
are like the past 2 weeks. If you heed my advice
you will bless the day you come to this thread

Have a delightful weekend too

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,760
  • Nov 23, 2012 10:34pm Nov 23, 2012 10:34pm
Quoting mario777
Pinhead and All, kindly please help me where to attached these indi in my MT4? and what template do I use for C5? Thanks!
PM someone to help you or use this weekend to comb the thread for answer
don't ask such question again.

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