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Range Bar Basket System

  • #341
  • Dec 19, 2012 10:01am Dec 19, 2012 10:01am
Quoting as002
entered two positions at 110. waiting the 109.30 for another two.

all positions moved SL to BE. 1/2 of each pair, set TP to 200+spread (112.35, 111.65)
  • #342
  • Dec 19, 2012 10:04am Dec 19, 2012 10:04am
samad,
please read the post ...
Quote
If you can double click on one and check the parameter values

Instead of littering this thread please PM me.
If you think I'm mad, I must be mad
  • #343
  • Edited 11:15am Dec 19, 2012 10:09am | Edited 11:15am
For those that requested the indi for different/fewer pairs try the attached (use indi v1.3 and EA v1.3 together).

The pairs in the indi list and the EA list MUST be set the same (that is down to you if you decide to change them)
If you want to change the pairs list on a chart then remove the EA first, change the indi, then reattach the EA.

M.

EDIT: 19:15 ... indi modded to allow text comment to be removed (as requested)
Attached File(s)
File Type: ex4 mn Bag EA v1.3.ex4   15 KB | 269 downloads
File Type: ex4 mn Bag v1.3.ex4   14 KB | 326 downloads
If you think I'm mad, I must be mad
  • #344
  • Dec 19, 2012 11:10am Dec 19, 2012 11:10am
Quoting futurespec
For those that requested the indi for different/fewer pairs try the attached (use indi v1.3 and EA v1.3 together).

The pairs in the indi list and the EA list MUST be set the same (that is down to you if you decide to change them)
If you want to change the pairs list on a chart then remove the EA first, change the indi, then reattach the EA.

M.
Thank you ...........great work
  • #345
  • Dec 19, 2012 2:17pm Dec 19, 2012 2:17pm
Quoting futurespec
For those that requested the indi for different/fewer pairs try the attached (use indi v1.3 and EA v1.3 together).

The pairs in the indi list and the EA list MUST be set the same (that is down to you if you decide to change them)
If you want to change the pairs list on a chart then remove the EA first, change the indi, then reattach the EA.

M.

EDIT: 19:15 ... indi modded to allow text comment to be removed (as requested)
Hi Futurespec,

After trying a lot, I can't find how be success to have same picture as you with our indi. I put it on GBPJPY 1H but I have always GBPJPY curve wich stay on chart with basket candle. Can you give me how proceed to have only basket on chart, you can send template if this is faster for you. Thks a lot for your help. Tof.
Enter Signature
  • #346
  • Dec 19, 2012 2:28pm Dec 19, 2012 2:28pm
Quoting auvergnat78
Hi Futurespec,

After trying a lot, I can't find how be success to have same picture as you with our indi. I put it on GBPJPY 1H but I have always GBPJPY curve wich stay on chart with basket candle. Can you give me how proceed to have only basket on chart, you can send template if this is faster for you. Thks a lot for your help. Tof.
You have to adjust the chart scale , open the chart properties and adjust the chart scale to correspond with the numbers that are displayed on the top left of your chart.

Futurespec explained all this when he offered us this indicator to use.. I now understand why great minds give up on forums as they get asked questions time and time again that have already been answered............ Please read the thread !!!
  • #347
  • Dec 19, 2012 2:55pm Dec 19, 2012 2:55pm
Quoting ianp
You have to adjust the chart scale , open the chart properties and adjust the chart scale to correspond with the numbers that are displayed on the top left of your chart.

Futurespec explained all this when he offered us this indicator to use.. I now understand why great minds give up on forums as they get asked questions time and time again that have already been answered............ Please read the thread !!!
Thks

I have read all the thread before and I tried this solution without success. I will try again. Thks;
Enter Signature
  • #348
  • Dec 19, 2012 3:03pm Dec 19, 2012 3:03pm
Hello Jaquemate and all,

I was a basket-ting lover years back but faded out due to lack of practical method to trade. You have now introduced a very interesting Range Bar method. Thanks for sharing.

Will be following closely and hope to contribute with forward results in future. Keep up the great work.

Akira
  • #349
  • Edited 6:48pm Dec 19, 2012 6:31pm | Edited 6:48pm
Using kos' Basket V6 and then Futurespec's Mn Bag v1.1 I have set up a H1 and a H4 chart. Then I went through a listed all the legitimate trades as I understand Jaquemates' rules. And I have come to the following conclusion. To me it doesn't seem to be worth taking the long trades if the market is above the Ichi and the current RB is lower than the previous on. Then on short trades below the Ichi I feel it is better to avoid taking the trades if the current RB is higher that the last. Here are my results.

H1 All trades total pips 1093 23 trades av 47.5 9:14 win/loss 39%
Or excluding the above 1019 17 60 7:10 41%

Then H4 6210 41 151 21:21 49%
5610 29 193 16:13 55%

So by taking all the trades more money can be made but a lot of pain from losing trades can be avoided by not taking the trades that I am talking about.

Bob
  • #350
  • Dec 19, 2012 7:47pm Dec 19, 2012 7:47pm
Quoting ianp
You have to adjust the chart scale , open the chart properties and adjust the chart scale to correspond with the numbers that are displayed on the top left of your chart.

Futurespec explained all this when he offered us this indicator to use.. I now understand why great minds give up on forums as they get asked questions time and time again that have already been answered............ Please read the thread !!!

By adjusting the chart scale, according to Rbh&Rbl numbers, my problem solved too.

Now, I have the same chart as futurespec's

Thanks ianp

Thanks futurespec

Thanks Jaquemate

Attached Image
  • #351
  • Edited 10:47pm Dec 19, 2012 9:34pm | Edited 10:47pm
Short was taken on H1 at retrace within the range. All JPY pairs.

This is manual entry just to get the feel of the method.

Will try EA eventually. Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: Noname__2012_12_20_2.png Size: 58 KB
  • #352
  • Edited 10:46pm Dec 19, 2012 10:32pm | Edited 10:46pm
Ianp ... thanks :-)
Samad .. pleased you got there eventually.

Re v1.3
Just to make it clear for those that wish to play with different numbers of pairs....
It is OK to leave a pair name in all 14 pairs.
Leave set at 14 and it works alongside the 14 pairs that Jaque is using,

If you have say set 3 pairs then the first 3 pairs in the list will be worked on; set 5 pairs, first 5 pairs in list etc, etc.
You can set the pair names in the list to what you want so if you want core 5 then set the first 5 pairs in the list (in BOTH v1.3 indi AND v1.3 EA) to your core5 pairs.

Put the EA onto the chart AFTER the indi pairs have been set.

HTH
M.

EDIT: The EA is not needed (the indi will run by itself) but is there as an assistant for placing trades. It is not foolproof ... you need to use common sense.
If you think I'm mad, I must be mad
  • #353
  • Dec 20, 2012 12:39am Dec 20, 2012 12:39am
Quoting bobha
Using kos' Basket V6 and then Futurespec's Mn Bag v1.1 I have set up a H1 and a H4 chart. Then I went through a listed all the legitimate trades as I understand Jaquemates' rules. And I have come to the following conclusion. To me it doesn't seem to be worth taking the long trades if the market is above the Ichi and the current RB is lower than the previous on. Then on short trades below the Ichi I feel it is better to avoid taking the trades if the current RB is higher that the last. Here are my results.

H1 All trades total pips 1093 23 trades...
GM All:
Wellcome to thread bobha.
I thanks your stadistical. Great work. But i dont understand some dates. What is backtest period?.
You talks about 1000 pips if a im right. So small amount.
So you talk about avoid take some trades.
Well. If you can you must backtest last one...two years (i.e.). Take all trades lossers and study the next questions:
What is average MAE of all lossing trades?.
In what percentage of this lossing trades price come back to entry price and close at BE?.
The answer to this questions could clarificate you what is better. If take all possible trades agree with trend direction and analyzing the global context for every trade........ or avoid some trades. Thats simple. After this you decide what is your critery and trade accordingly.
I must say too that this system is not good for EA. All trades are not good but only practice can gives you the answer. Its so dificult to backtest. Rules are always the same but rules are only a starting point... no the system itself.
Regards.
That which you give to others, life will return it in spades
  • #354
  • Dec 20, 2012 12:41am Dec 20, 2012 12:41am
Quoting RisingSun
Hello Jaquemate and all,

I was a basket-ting lover years back but faded out due to lack of practical method to trade. You have now introduced a very interesting Range Bar method. Thanks for sharing.

Will be following closely and hope to contribute with forward results in future. Keep up the great work.

Akira
Hi Risingsun.
Wellcome to thread and thanks for compliments.
I anime you to post your trades and colaborate.
Regards.
That which you give to others, life will return it in spades
  • #355
  • Dec 20, 2012 6:31am Dec 20, 2012 6:31am
Hi all:
Apologize but today im very busy and i cant post when i want.
Look at chart attached. It resumen all possibles. I repeat...possibles trades from last post.
Its logical that i dont take all this trades. Normally im not infront computer at 23:00 GMT but depends.
I want to show all possible trades if you follow the rules strictly. Most important thing is to undertand the system principles.
Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: jaq2.jpg Size: 151 KB
That which you give to others, life will return it in spades
  • #356
  • Dec 20, 2012 7:54pm Dec 20, 2012 7:54pm
Patience has paid so far ...
Attached Image (click to enlarge)
Click to Enlarge Name: Noname__2012_12_21_2.png Size: 62 KB
  • #357
  • Dec 21, 2012 1:07am Dec 21, 2012 1:07am
Is this a start of new downtrend?
Who knows?
These are the testing times .... maybe several BE's before trend is set.

Order set to send out the short scouts.
(but higher TF still up)

M.
Attached Image
If you think I'm mad, I must be mad
  • #358
  • Dec 21, 2012 3:04am Dec 21, 2012 3:04am
Quoting RisingSun
Patience has paid so far ...
GM all:
+400 pips. Congratulations. Good work mate. Im happy for you.
Regards
That which you give to others, life will return it in spades
  • #359
  • Dec 21, 2012 3:28am Dec 21, 2012 3:28am
Quoting futurespec
Is this a start of new downtrend?
Who knows?
These are the testing times .... maybe several BE's before trend is set.

Order set to send out the short scouts.
(but higher TF still up)

M.
GM futurespec:
Im agree with you. Im only have one buy position open and i diversificate selling at RBH. I wait for see what happens.
Look at Daily chart attached. Its my global hindsight.
Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: jaq1.jpg Size: 95 KB
That which you give to others, life will return it in spades
  • #360
  • Dec 21, 2012 6:03am Dec 21, 2012 6:03am
Considering a slow market +200 on 6 pair and + 350 on 14pair for half position on both and remainder to BE.
Cannot be too bad.
M.
Attached Images
If you think I'm mad, I must be mad
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