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Still Basketting

  • #2,341
  • Dec 18, 2012 12:47am Dec 18, 2012 12:47am
Akira,

I am using M15 to make sure I understand the various options in the T101 EA.

The intention is to start to trade live on H1 or H4 in 2013 - very small lot sizes.
What I want to do over the festive holidays is to visually backtest a few options on H1 and H4.
Specifically I want to see what the typical "drawdown" is on H1 and H4, if one were to use the EA in auto mode, but always with the option of manual intervention.

This will have to be my initial approach as I still have a daytime job.

Suzette

Quoting RisingSun
@esters



Hi Suzette,

Are you primarily on M15?

Have you tried H1 or H4?

Akira
  • #2,342
  • Dec 18, 2012 1:22am Dec 18, 2012 1:22am
That is so cool..no I haven't tried that but did so just now and I get asked for a confirmation if I want to buy/sell. l will try it with the default magic number as you suggested.

It works....thanks a lot!

I left the magic number at default, but my comment shows as a certain Basket number. If I want to close this at anytime using a script which requires a magic number, would I input the default magic number or the Basket number? This is so important as I can and usually do have more then 1 basket open.I guess also that I have to put in all my other settings such as lot size, Lock Profit, whether to trail or not etc when I drag the EA onto the chart..in fact if you can also let me have your settings on these parameters (outside of the default) for locking Profit at B/E, trailing etc, would me much appreciated as I know there are instances which require $ values to be inputted.

Quoting RisingSun
I believe what you are saying is case (2). Then it is unlikely that the tp/sl movable lines wouldn't appear.

The case (1) is via the "word control" as I describe it. All of these words on the EA chart are it.

SUSPEND BOT
Buy Basket
Sell Basket
B. Stop
B. Limit
S. Stop
S. Limit

If you double click any of them, it will be highlighted with a square box, which then can be moved to a bit to activate.

Once you activated, PROCESSING...
  • #2,343
  • Dec 18, 2012 3:04am Dec 18, 2012 3:04am
Quoting natomoto
I left the magic number at default, but my comment shows as a certain Basket number. If I want to close this at anytime using a script which requires a magic number, would I input the default magic number or the Basket number? This is so important as I can and usually do have more then 1 basket open.I guess also that I have to put in all my other settings such as lot size, Lock Profit, whether to trail or not etc when I drag the EA onto the chart..in fact if you can also let me have your settings on these parameters (outside of the...
The Basket number represents what pairs are in the basket. If you open the EA (from the Navigator window on the left, right click on the EA and select modify), you will see what pairs are included in each of the basket numbered.

I am not sure what you are doing but seems you have too many going on in one instance of MT4. My suggestion is to do only one system running, such as this EA, in one MT4. Do other things in other instances or accounts of MT4.

I have a couple of set files presented in this thread at an early stage. Go to Attachment from the clip on the right upper corner of the thread page and download them.

I would also suggest you look at the latest several posts by "esters" or Suzette, wherein she talks about her settings that may give you good clues how to configure your EA to your liking.

Hope this helps,

Akira
  • #2,344
  • Edited 3:21am Dec 18, 2012 3:11am | Edited 3:21am
Quoting esters
Akira,

I am using M15 to make sure I understand the various options in the T101 EA.

The intention is to start to trade live on H1 or H4 in 2013 - very small lot sizes.
What I want to do over the festive holidays is to visually backtest a few options on H1 and H4.
Specifically I want to see what the typical "drawdown" is on H1 and H4, if one were to use the EA in auto mode, but always with the option of manual intervention.

This will have to be my initial approach as I still have a daytime job.

Suzette
Hi Suzette,

I think you are taking the right path. My liking is H1 or H4 for this system for stability or less noise. I will try to share my findings so please do so as well as you move on your analysis/trials.

I used to trade basket several years back but due to the lack of stability of offline charts at that time my interest faded out. This EA is fabulous in my opinion and the use of smoothed HAS to trigger entries is eye opening to me.

Talk to you later,

Akira
  • #2,345
  • Dec 18, 2012 3:25am Dec 18, 2012 3:25am
Quoting Gvc
Remember to load the "C5 Offline" indicator 3 times onto a normal chart...e.g. GBPJPY.(and leave them to run on that chart)

Set TF the first time you put it on chart to 15, second to 60 and third to 240.

"Open Offline" file and look for Core505,M15, Core505,H1 and Core505,H4.

If you downloaded the earlier C5 Offline indicator then your offline charts will be Core506,M15 etc...

If there is missing data on your offline chart then you can either restart mt4 or go to the chart where your C5 Offline indicators are and double click...

Hello GVC and KOS,

I will like to say a big thank you for sharing this form of trading, I have been reading all the post here since last week and I was able to follow you guys post to setup my chart. I will like to get in touch personally. I will appreciate if I can get your contact (GVC and KOS) if you guys don't mind sharing. My email is [email protected]. Once again I say a big thank you to both of you and all the people that have contribute here sharing their experience.
  • #2,346
  • Dec 18, 2012 4:35am Dec 18, 2012 4:35am
Quoting natomoto
Hi Swiss forex,

I erroneously called you swissquote and that is why you perhaps did not see this message. Can you kindly oblige? Thx.

I am also STILL not able to get my head round on how to be able to place Limit and Stop Orders and also set the visual SL and TP lines for trades I want to place manually although GVC replied me on thiis as did futurespec (thanks to both of you). Once again thanks in advance...

N

Hi Swissquote,

Would you be kind enough to post your...
swissquote??? that's funny
sorry I was busy with my trading
I guess your issue has been fixed by the others now
if not,write me a PM (btw I've just replied similar issue by email,are you Lee Choon??)

as I can see,the last 3 pages of this thread are full of "technical issues" posts and I don't think this is what Kosomolate was aiming for

GVC is great at helping newbies as always
this usually happens to all good threads on FF
maybe a spin-off thread is needed???
Account deleted
  • #2,347
  • Dec 18, 2012 6:16am Dec 18, 2012 6:16am
Weekly Analysis

Attached is a weekly offline chart. I have marked areas to watch out for. There's a lot of historical price action around those areas. Price is currently at 106.190. In the short term, there are two possible scenarios;

1. we break the resistance at 107.xxx and head for 119.xxx.
2. we reverse to 91.xxx.

This is what i see but will wait for H4 (2,3,2,4) to decide the next direction. The market is a little indecisive now. Consolidating after the last long move. Any news about the fiscal cliff could swing the market in either direction. I don't expect the market to just head for those levels one-off. There will of course be pullbacks and consolidation in between.

I hope this helps in your trading.
Attached Image (click to enlarge)
Click to Enlarge Name: weekly analysis.gif Size: 17 KB
  • #2,348
  • Dec 18, 2012 6:43am Dec 18, 2012 6:43am
Quoting swissforex
this usually happens to all good threads on FF
maybe a spin-off thread is needed???
SwissQuote..... Sorry i mean SwissForex is right.

From now on please direct all technical or Core5 questions to my old thread "Basket Trading" in the Commercial Forum.
http://www.forexfactory.com/showthre...84#post6304184

Now before anyone jumps to conclusions.....The only reason it is in the commercial forum is because 1 or 2 of the
old fuddy duddies on this forum complained that it was linked to Julius.

I will appreciate it if some of the experienced basket traders on this thread can help to anwser questions there as well,
cos i am not always available.
  • #2,349
  • Dec 18, 2012 8:08am Dec 18, 2012 8:08am
Quoting RisingSun
Ning,

Orders will be placed when HAS changes colour. When it changes from green to red, EA will place sell orders of the basket pairs and when from red to green, buy orders.

This is how this system is designed and EA will monitor the colour and place orders.

Akira


Hello Akira,

I have been doing an experiment:
I created a demo acc, and create the core506 charts, but I put the EA on a 1M charts of core506 m1(offline)
HAS color did change several times, but still no orders were placed.

Is this Ea only working on H1 charts?
or something I missed or doing wrong?

Thanks in advance.

Ning
  • #2,350
  • Dec 18, 2012 8:37am Dec 18, 2012 8:37am
Quoting Kosomolate
DONT TRY THIS, IF YOU ARE NEW TO BTS

was auto scalping the core_5 basket in 1min TF today
though the core_5 is gentler than the 14 but it is not as
loaded with pips as the 14pairs

4 baskets: 2 winners, 1 BE and 1 looser
all for just +88 pips from 10am till 9pm
14 pairs would have given x2


kos
I don't want to upset Kos or anybody on this thread but I want to test scalping the basket like the image shows in post #2,132. Since I don't want to cause a problem in the thread can someone please respond to me either through PM or email at [email protected] on how to set everything up properly to scalp the baskets. I'm going to begin reading the thread from the first post today but would appreciate some help with my request if possible.

Kos if this post upsets you, I'm sorry for that. I know you said DONT TRY THIS, IF YOU ARE NEW TO BTS but I will strictly be demo trading. I just respect the thread and don't want to upset the flow of this thread to much. That's why I requested to have someone respond to me through PM here on this site or to my email address.

Thanks in advance and I wish everybody many pips!!!
  • #2,351
  • Dec 18, 2012 11:31am Dec 18, 2012 11:31am
Quoting twtypsj
Hello Akira,

I have been doing an experiment:
I created a demo acc, and create the core506 charts, but I put the EA on a 1M charts of core506 m1(offline)
HAS color did change several times, but still no orders were placed.

Is this Ea only working on H1 charts?
or something I missed or doing wrong?

Thanks in advance.

Ning
Ning and Natomoto
You have filled the past 3 pages with questions that have been answered many times.thereby making things dificult to find for people who will come later Solve your issues with pm, or read more. You are leaving me with no option than to ban you from posting here. No more newbie question from any of you.

Kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,352
  • Dec 18, 2012 11:42am Dec 18, 2012 11:42am
There are people whose names I have been seeing constantly for the past 2 weeks below the thread and they have not made a single post. That means they are reading and taking notes and setting up their charts. Therefore they would not ask pointless questions.

If you can't take time to read and re-read.I advice you to stay off this business.

Kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,353
  • Dec 18, 2012 11:58am Dec 18, 2012 11:58am
WoW...not sure if this response was intended for the question that I asked but if it was I apologize for interrupting your thread. It won't happen again.

Quoting Kosomolate
There are people whose names I have been seeing constantly for the past 2 weeks below the thread and they have not made a single post. That means they are reading and taking notes and setting up their charts. Therefore they would not ask pointless questions.

If you can't take time to read and re-read.I advice you to stay off this business.

Kos
  • #2,354
  • Dec 18, 2012 12:11pm Dec 18, 2012 12:11pm
Hi everybody !

Firstly, I have to congratulate people who shared strategies and help.
I have several questions about this system.
I have a strange chart in H1. Is it normal ?
Secondly, will the ea work like this ? Must I do anything or the EA will work alone ?

Thanks a lot.
Goodgame42.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ibfx1.PNG Size: 45 KB
Click to Enlarge Name: ibfx2.PNG Size: 50 KB
Trade Safe !
  • #2,355
  • Dec 18, 2012 12:36pm Dec 18, 2012 12:36pm
Quoting Donatello
WoW...not sure if this response was intended for the question that I asked but if it was I apologize for interrupting your thread. It won't happen again.
Are you Ning or Natomoto? No However if you had read the first 10 pages your question would have been needless. So go to page 1 and start. There is no way to understand what is going on here.

Kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,356
  • Dec 18, 2012 12:54pm Dec 18, 2012 12:54pm
Quoting Kosomolate
Ning and Natomoto
You have filled the past 3 pages with questions that have been answered many times.thereby making things dificult to find for people who will come later Solve your issues with pm, or read more. You are leaving me with no option than to ban you from posting here. No more newbie question from any of you.

Kos
Hi Kos,

Sorry for the inconvenient post. wont happen again.

=(

Ning
  • #2,357
  • Dec 18, 2012 1:21pm Dec 18, 2012 1:21pm
Doing so now. Sorry for taking up thread space and asking a needless question. I mean no harm and will act accordingly to the rules from this point forward.

Quoting Kosomolate
Are you Ning or Natomoto? No However if you had read the first 10 pages your question would have been needless. So go to page 1 and start. There is no way to understand what is going on here.

Kos
  • #2,358
  • Dec 18, 2012 2:37pm Dec 18, 2012 2:37pm
Hello,

i search the indicator #kos#14 and VQzz2 with instructions to download. But i dont found it ... please to help
how do I get my metatrader4 this: http://www.forexfactory.com/showthread.php?t=391229


regards
Murat
  • #2,359
  • Dec 18, 2012 3:10pm Dec 18, 2012 3:10pm
please all noob traders in bts read T101 thread and then read this one you must start from the beginning.Don't go faster than the music and the best way ( for me) to trade this system is manually,this is the attraction of this stratégy!!

Just use T101 basket trader ea for managing basket....
  • #2,360
  • Dec 18, 2012 3:51pm Dec 18, 2012 3:51pm
Hi Kos, GVC, Swiss, ...

Sorry to have cluttered the thread by jumping in and posting too many. Was't intentional but purely wanted to help. If you so desire I will remove my posts, so let me know.

Taking this opportunity, let me suggest it would be a good idea to describe the scope of contents you want to allow posters to cover in this thread, in order to keep the level of thread high as you intend.

You have re-inspired me, an old time lover of basket trading, by introducing a new angle and tools to manage and I want to thank you for that.

Kind regards,
Akira
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