Range Bar Basket System

Request please:......

PLEASE do NOT post any more Q's re EA in this thread.
Keep the thread clean as Jaque is doing a fantastic job trying to help provide a nice easy system for people to follow.

If you have any issues with the EA that I posted then please PM me.
(You should be using mnBag v1.1 and mn Bag EA v1.1)

If I get time then I will reply and try and help if I can.

NOTE: Jaque has posted the files that he uses and it would be best if you used them. My files were only posted originally following a request for something specific.

M.

Ok. I add a new buy position i called bc1 and bc2.
For clarificate that really i enter the orders and not only post entries i attached chart. I must say that this is demo account information. Im not trading with lots at live account. Im trading with microlots at live account. Every position i open my size is 14 pairs x 0.02 microlots = 2.8 minilots.
Its a small position. Im only a retail trader. But think that you will go adding new positions and it increase size and i dont trade only this system. I must think at leverage too.
2 lots in combinated positions open is much money.
Regards.

for Natamoto .....;.

Hopefully this is close to what you asked for.
EA for basket trade placement and TP/SL.

Creates 6 lines (hover over to see which is which).

Set mPrs to number of pairs in your basket .. 14 by default.
(If set to a lower number then will take the first x pairs from the list in order)
"GBPUSD", "EURUSD", "AUDUSD", "GBPJPY", "EURJPY", "AUDJPY",
"EURGBP", "USDCHF", "NZDUSD", "USDJPY", "NZDJPY", "GBPCHF", "CHFJPY", "EURCHF"};

The chart must have a corresponding number of pairs.

Will not allow for hedging.

AS ALWAYS .... try it and find any problems and if there are any report back to me by PM.
USE ON DEMO ... !

Jaque .. sorry for littering your thread but it was a request from an earlier post.

M.

EDIT: Small error fixed, file updated 14.12.12

Hi Futurespec,

Much, much obliged that you could find time to do this and I will certainly try this out and let you know. Also, I am sorry Jaque but I have no intention to have any diversionary EA discussions on this marvellous thread...just looking for this tool which I hope others who also want to trade this manually will also find useful. I will post my results on a large live a/c that I am trading which will be greatly enhanced if the tool that future has provided does the job.

Kind regards,

N

Future,

Not sure if I am permitted to PM you....would it be ok if I post any questions/ provide feedback here? Permission granted Jaque...por favor?

Hi all:
Position bc1-2 out at BE after a several drawdown bars and a spike of 400 pips against. Repit, closed at BE. This is the reason cause i dont put stop orders. There is a high percentage of posibilities that price retest entry level. Not all people understand this concept. This is a situation that can not manage by EA. I said any time that i have a risk limit but not depend of account size or percentage. For me depend of every trade and its global context. I dont see wicks for execute mental stop. I see closed bar. If closed bar transpassing limit i dont wait retrace and close at loss.
At this case loss is so big but is compensating by previous BE.

Open buy position bd1-2 at 99.80. Target1 +400.

Hi again:
The 4 yellow lines are four risk limits i drawed for trade bc1-2. I dont explain now why but you can especulate with it and say what do you think. May seem complicated but no. Its easy of understand.
Any bar closed below this lines.
Regards.

GM Jaque,

Think that you must be smiling again this week.
With you highlighting potential trades in advance no one can accuse you of 'fixing' the results.

Excellent work, keep it up :-)

M.

GM futurespect.
Yes i said several post ago. When a trend start and you can ride it could pay you for a time.... But i wish that is not finished yet.After this trend could be a range time and a loss or BE in a row. Most times happens.
Thanks for cumpliments. Im not interesting in show results. Only want to show how i trade. It is my personal way. Untill this moment i only show a simple system for entries based on price retrace to supports/resistances. A RBL or RBH in a barket chart is a support/resistance zone in a single pair chart. I want to show all possible entries but all entries are no good. I have my own criteria for take or not an entrie and my own MM. I only can show it but after this every trader must addapt to his own way of trading.
Its my thought.
All the best futurespec.
Regards.

Well:
Today Im looking for longs. But i dont taked the first day opportunity at RBL. If you look at 4h chart you can see that a new RB is formed. Most times when a RB is formed the next bar retrace until low or near. This is the reason cause is possible that in a 1h chart another RB with a lower low is formed more near clouds.

This morning i closed position bd1 at target: +450 when i opened my computer.
Still open positions:
ba2: +1500
bb2: +1250
bd2: +450
Regards.

Ok. I was waiting for present 4h bar touched 4h LRB and formed a new 1h RB with a lower low.
Now 1h RB is formed. I enter at LRB at confluence with EMA and Clouds.
Enter position be1-2. Target 1: +310.
Yellow lines are my three zones of risk limit for this trade. If you look carefully you can discover the reason why these lines are drawed.
Regards.

Been following ur thread since after KOS .. jst wanna say u have made tremendous progress buddy Much Respect. Check ur PM and please do reply.

Hi max pain.
Wellcome to thread.
Thanks for compliments.
I check my PM. I will reply.
Thanks again.
Regards.

Hi all:
I attached an indicator very useful thats show at chart profit open orders in pips and money, and pips @ money in closed trades last week.
I hope help you.
Regards.

Hi all:
I will update my situation. Better see chart attached please.
Still open at profit ba2 @ bb2.
Today:
bd1 closed at +450.
bd2 closed at +100.
Stil open at loss be1-2.
Regards

If you are following this thread may be you can speculate now with the next trade. I like that you post now what you wil do looking at present Down RB and where it closed.
I would like all mates post their analisis please.
Regards.

Suppose someone needs to be shot first ;-)

Daily still strong
4hr at support
1hr closing below support

Not looking for longs currently.
Wait to see if 4hr holds.

Could be tempted to send out some early short scouts.

M.

Looks to be Range bound

Double CCI Woody signalling possible change 1hr chart

Stay on sidelines until 1hr chart take a firm new direction with price action below Ichi

20+ people been watching the thread and only 1 other reply !!!

There are no wrong answers, just your opinions that we would all like to see and possibly learn from.

Jaque has done his bit ... how about some encouragement?

M.

it seems that the 4H low Range bound is strong resistance level
confluence with MA and ichi.
if it was not friday, buy would be low risk.

in 1H the buy at 101.42 is BE.

http://i.imgur.com/ClKJL.png