Still Basketting | Page 128 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone still trading Mouteki? 45 replies

The EUR/USD Rally-Still Dead? 23 replies

The Euro Rally Is Still Dead-coreCPI/TIC Update 3 replies

USD in Toilet but still buys Chinese Goods!!! 11 replies

Immediate market reaction on news are still the same ? 18 replies

Attachments: Still Basketting
Exit Attachments

Still Basketting

  • #2,541
  • Jan 7, 2013 2:02am Jan 7, 2013 2:02am
Ok I know I'm risking it here but would some one kindly enlighten me? What is advantage of running an EA from an offline chart vs a online chart? I have no prior experience with offline charts so I simply don't know. If the answer is in this thread I failed to catch it sorry about that.

TraderJoe
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #2,542
  • Jan 7, 2013 2:35am Jan 7, 2013 2:35am
Quoting TraderJoe
Ok I know I'm risking it here but would some one kindly enlighten me? What is advantage of running an EA from an offline chart vs a online chart? I have no prior experience with offline charts so I simply don't know. If the answer is in this thread I failed to catch it sorry about that.

TraderJoe
The signals get triggered by a basket of currency pairs. This basket is created by the basket_v6 indicator, which generates an offline chart. The price behavior that generates the buying, selling, stops, targets etc. are determined by the price behavior of the offline chart.

If you run an ea on an online chart (EU, GJ, GU, or whatever) the signals will be generated based on the price behavior of this online chart, but this is just a part and not a full mirror of the price behavior of all pairs included in the basket. Imho the basket is a great tool for a smoothed view of the price behavior of all individual pairs combined, ie diversifying.
  • #2,543
  • Jan 7, 2013 2:49am Jan 7, 2013 2:49am
Quoting TraderJoe
Ok I know I'm risking it here but would some one kindly enlighten me? What is advantage of running an EA from an offline chart vs a online chart? I have no prior experience with offline charts so I simply don't know. If the answer is in this thread I failed to catch it sorry about that.

TraderJoe
Hi TJ!
You are not risking anything, its a good question
Running EA from offline chart reduces the number of opened charts by one, that's all.

I later decided to run EA from normal chart because:
Whenever I missed an entry lets say a BUY from 1 HR TF, or I hit BE, I simply change the Timeframe input of the EA to 15min
and the tradeType to BUYONLY and it will start watching the offline chart of 15min TF for a buy and when
HAS colour changes back to Blue it will take the buy joining the main trend of the offline chart in 1HR TF.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,544
  • Jan 7, 2013 2:58am Jan 7, 2013 2:58am
Quoting Kosomolate
Hi TJ!
You are not risking anything, its a good question
Running EA from offline chart reduces the number of opened charts by one, that's all.

I later decided to run EA from normal chart because:
Whenever I missed an entry lets say a BUY from 1 HR TF, or I hit BE, I simply change the Timeframe input of the EA to 15min
and the tradeType to BUYONLY and it will start watching the offline chart of 15min TF for a buy and when
HAS colour changes back to Blue it will take the buy joining the main trend of the offline chart in 1HR TF.

kos
Ok, my mistake.
  • #2,545
  • Jan 7, 2013 3:02am Jan 7, 2013 3:02am
EA loaded!
and I think its waiting for the first signal of the year

I need plenty of luck,
cos if the first trade of the year turns out to be a success and a huge trend
it will boost my confidence and reduce tension on the next ones, cos I know
if the next one didn't work, it wouldn't touch my business money, only from the profit.

I'll let us see when, it fires the first salvo.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,546
  • Jan 7, 2013 3:26am Jan 7, 2013 3:26am
Quoting caseyjw
I do not trade Kos method because it is not mathematically sound (whether people make pips or not I do not argue, I am just not comfortable with it) however I do have 3 baskets that are specifically designed to capture the big moving pairs (gbp/jpy, eur/jpy, etc) while offsetting some risk that a politician will shit news and blow my oversized position.
I raised this issue earlier in the thread and while it was acknowledged it was ignored. Could you please post or PM me your baskets please?
  • #2,547
  • Jan 7, 2013 4:03am Jan 7, 2013 4:03am
Oh my Garsh.... you're joshing me LOL.
For that we are going through all this trouble? Online, offline... it's simply confusing enough with all the indys and things going on. I just don't need it
Thank you Kos, now I will no longer even give it a 2nd thought lol

TJ

On a 2nd note I'm about caught up reading but I'll need a day or two to get settled into the setups.
On another note: I've been watching your temperment and I must say, you're the very best of the the best man!

All the best blessings,
TJ

Quoting Kosomolate
Hi TJ!
You are not risking anything, its a good question
Running EA from offline chart reduces the number of opened charts by one, that's all.

I later decided to run EA from normal chart because:
Whenever I missed an entry lets say a BUY from 1 HR TF, or I hit BE, I simply change the Timeframe input of the EA to 15min
and the tradeType to BUYONLY and it will start watching the offline chart of 15min TF for a buy and when
HAS colour changes back to Blue it will take the buy joining the main trend of the offline chart in 1HR TF.

kos
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #2,548
  • Jan 7, 2013 5:11am Jan 7, 2013 5:11am
Decided to try a little Swissy pair Short on Demo here.
So far looking good.

TJ
Attached Image (click to enlarge)
Click to Enlarge Name: ShortChf.JPG Size: 134 KB
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #2,549
  • Jan 7, 2013 5:37am Jan 7, 2013 5:37am
Quoting pbb
The signals get triggered by a basket of currency pairs. This basket is created by the basket_v6 indicator, which generates an offline chart. The price behavior that generates the buying, selling, stops, targets etc. are determined by the price behavior of the offline chart.

If you run an ea on an online chart (EU, GJ, GU, or whatever) the signals will be generated based on the price behavior of this online chart, but this is just a part and not a full mirror of the price behavior of all pairs included in the basket. Imho the basket is a great...
pbb, I have question hope you dont mind. Is it possible to use the DollarIndex chart instead?Thanks!
  • #2,550
  • Jan 7, 2013 6:48am Jan 7, 2013 6:48am
Hi Kos!

Which of the several available versions of the EA are you using? are you going fully auto or only using it for entries?

THx!

Diego

Quoting Kosomolate
EA loaded!
and I think its waiting for the first signal of the year

I need plenty of luck,
cos if the first trade of the year turns out to be a success and a huge trend
it will boost my confidence and reduce tension on the next ones, cos I know
if the next one didn't work, it wouldn't touch my business money, only from the profit.

I'll let us see when, it fires the first salvo.


kos
  • #2,551
  • Jan 7, 2013 11:41am Jan 7, 2013 11:41am
---

V E R Y I M P O R T A N T P O S T


This is my last post here on FF.

There are things in life more serious than Forex.

I have to fight a stronger enemy now.

Thx to all mates.

Goodbye and thx kos

Goodbye and thx Julius, I know you are a silent reader here but I know you will read this post. You are a genius.period.
Account deleted
  • #2,552
  • Edited 12:10pm Jan 7, 2013 11:58am | Edited 12:10pm
Quoting swissforex
---

V E R Y I M P O R T A N T P O S T


This is my last post here on FF.

There are things in life more serious than Forex.

I have to fight a stronger enemy now.

Thx to all mates.

Goodbye and thx kos

Goodbye and thx Julius, I know you are a silent reader here but I know you will read this post. You are a genius.period.
Hope all is ok swissforex......
Take care my friend, nice to have you around!
GOD Bless You!
  • #2,553
  • Jan 7, 2013 12:14pm Jan 7, 2013 12:14pm
Hi SwissForex"

I hope that all goes well for you.

Thank you for sharing your trading experience with us..

Good luck my friend.
  • #2,554
  • Jan 7, 2013 12:28pm Jan 7, 2013 12:28pm
Quoting swissforex
---

V E R Y I M P O R T A N T P O S T


This is my last post here on FF.

There are things in life more serious than Forex.

I have to fight a stronger enemy now.
.....
.....
.

Welcome to the club

Forex37
  • #2,555
  • Jan 7, 2013 1:27pm Jan 7, 2013 1:27pm
Quoting acostafulano
Hi Kos!

Which of the several available versions of the EA are you using? are you going fully auto or only using it for entries?

THx!

Diego
its one of the EAs from the old thread

I just stick it to the chart and let it do its thing, if that is what you mean by fully auto

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,556
  • Jan 7, 2013 1:34pm Jan 7, 2013 1:34pm
Quoting swissforex
---

V E R Y I M P O R T A N T P O S T


This is my last post here on FF.

There are things in life more serious than Forex.

I have to fight a stronger enemy now.

Thx to all mates.

Goodbye and thx kos

Goodbye and thx Julius, I know you are a silent reader here but I know you will read this post. You are a genius.period.
bye swissforex!!
there are things in life more ferocious than Forex
but some of us may offer to fight this stronger enemy side by side with you if you had given us the chance anyway.
but since you prefer to fight alone

I wish you the grace to overcome in life.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,557
  • Jan 7, 2013 2:47pm Jan 7, 2013 2:47pm
Kos Baba!
I hail you o!

Wonderful presentation.
Clear entry. Clear Exit. Clear MM.

I've spent the past month or so digesting from T101's thread to the indicators to Crodzilla's.
This is by far the most clearly laid out of the BTS threads I've read.

Lots of thanks to BTS's Moses (T101) for the gargantuan effort of devising this system and all positive contributors - GVC, ESTrader, Brijon, SteveHopwood and all others who nurtured and preserved BTS in the wilderness despite its persecussion in Eygpt (T101s old thread).

Thanks to Joshua (Kos), BTS has made it to Canaan.

I couldn't have chosen a better thread to which I could give up my FF innocence.

PS: Don't be fooled by the post count........
Psalms 82:6: Forex Must Bow!
  • #2,558
  • Jan 7, 2013 2:50pm Jan 7, 2013 2:50pm
Quoting swissforex
---

V E R Y I M P O R T A N T P O S T


This is my last post here on FF.

There are things in life more serious than Forex.

I have to fight a stronger enemy now.

Thx to all mates.

Goodbye and thx kos

Goodbye and thx Julius, I know you are a silent reader here but I know you will read this post. You are a genius.period.

It's a shame to see you go mate.
Your posts have always caused me to pause and think. Selah

Here's wishing you all the best in your post-forex endeavours.

Regards
Psalms 82:6: Forex Must Bow!
  • #2,559
  • Jan 7, 2013 3:04pm Jan 7, 2013 3:04pm
Didn't physically take the trade as I was not fully set up however, I noted real-time what my trade would have been @ 0900 GMT and after a max of 100pips DD, I would now have been sitting on approx +550pips.

Entry taken off the H1 TF.

Away to study basket management EAs now.

Thanks kos!
Iwaju iwaju ni opa ebiti nresi, iwaju iwaju ni eo malooo, pelu ogo Olorun
Psalms 82:6: Forex Must Bow!
  • #2,560
  • Edited 4:26pm Jan 7, 2013 3:16pm | Edited 4:26pm
Hate to hear this. Whatever this is we will be praying for you my friend.
TJ


Quoting swissforex
---

V E R Y I M P O R T A N T P O S T


This is my last post here on FF.

There are things in life more serious than Forex.

I have to fight a stronger enemy now.

Thx to all mates.

Goodbye and thx kos

Goodbye and thx Julius, I know you are a silent reader here but I know you will read this post. You are a genius.period.
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
5 traders viewing now