Still Basketting

Quoting MPP

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in the Tools>Options>Server section of your MT4 platform tick "enable DDE server" (you must ensure only 1 platform has this option activated) the excel doc will then call up the required info using the "=MT4|ASK" and update the doc auotmatically, the only thing you need to do is remove the "m" at the end of this code if you are NOT using a mini account and you currency pair's DON'T have the "m"

you can also call up the BID info by changing the ASK to BID then have the calculate the spread for each pair.

and so on.

this doc...

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Quoting Dud45

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Yeah I'm going to set up GVc's (T101s?) EA tonight to check it out. There is a simplified version of MPTM specifically for basketting called MPBM (see attached). This is what I've been using for trade management and have found it quite straight forward.

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Quoting Myff

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Thanks Dud45 for this. I will give it a look cos the original MPTM settings can really piss one off if you have a bias for simplicity.

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Quoting Dud45

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Well the H1 isn't exactly soaring like the previous H4 HAS bounces. Maybe the H1 is just a retest. I'm holding out going long until I get the H1 signal. Otherwise I'll go short on the H1 HAS bounce/retest using an M15 signal.

I feel like I might be getting the hang of the "patience" part.

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Quoting Dud45

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Hi Myff,



Do you need me to explain anything else apart from the adaptive part? You understand how the break even and lock profit bits work?

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Quoting Dud45

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Hi Myff,

Maybe I was wrong in saying it was a simplified version of MPTM. I've only ever read the .pdf for MPTM and thought it seemed to have a lot more settings than the the MPBM I'm currently using. I've never actually used MPTM and only used the .pdf to compare.

Ok so the "adaptive" part is the change introduced to MPTM for basketting. Basically they refer to applying pips to the individual trades that are open. So for instance if you put a standard stop loss of 560 it will apply a stop loss across the total basket of 560 pips. If...

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Quoting stephenoye

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Figured out the adaptive bit from the well commented code.
However, you might as well clean up and expllain the BE and lock profit as you're in the mood.

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Quoting Dud45

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It's pretty basic. The BE is the level of pips when the "BE lock profit" is triggered. Which is kind of funny because if you lock a profit it's not really a break even is it. So if you have a 150 pip BE setting and a 20 pip break even you will lock in 20 pips profit once your basket hits 150 pips. The jumping stop is like a trailing stop but is only active when the basket moves a set number of pips in the positive. So with a jumping stop of 100pips on a basket that ran 500pips, 400 would be locked as profit. 5 Jumps: BE, 100, 200,...

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Quoting Myff

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Can I use 0 (zero) to disable any variable I do not wish to use. For instance can I use zero for the adaptive variables if I do not to use them?

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Quoting blamshakk

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dont worry loss was only on demo - still new to this basket trading thing here. will try and digest first 100 pages of the thread which bishopdotun advised....

myff do you trade just manual or EA as well? to answer your question yes i enable allow live trading and allow dll import

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Quoting Dud45

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Yeah that's what I do. The only one I haven't tested is the BE lock profit. If it's zero I'd like to know if it moves the stop to a true break even.

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Quoting Dud45

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It's pretty basic. The BE is the level of pips when the "BE lock profit" is triggered. Which is kind of funny because if you lock a profit it's not really a break even is it. So if you have a 150 pip BE setting and a 20 pip break even you will lock in 20 pips profit once your basket hits 150 pips. The jumping stop is like a trailing stop but is only active when the basket moves a set number of pips in the positive. So with a jumping stop of 100pips on a basket that ran 500pips, 400 would be locked as profit. 5 Jumps: BE, 100, 200,...

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Quoting dryclean

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For you spreadsheet geeks
Check this out
I think the formulas are correct used another sheet as a template

I have a suffix of 'm' so you will have to remove it from the pairs
Also I have a 5 digit broker not sure if this will be a factor or not

I have Core 5 and 14 Pairs

I look at the bottom where I have 2 percent numbers that add up to 100%
If the sells are over 60% (red) sell basket is in place
if the Buys are over 60% (green) buy basket is in place
other wise ranging

Just a toy take it or leave it

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Quoting dryclean

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For you spreadsheet geeks
Check this out
I think the formulas are correct used another sheet as a template

I have a suffix of 'm' so you will have to remove it from the pairs
Also I have a 5 digit broker not sure if this will be a factor or not

I have Core 5 and 14 Pairs

I look at the bottom where I have 2 percent numbers that add up to 100%
If the sells are over 60% (red) sell basket is in place
if the Buys are over 60% (green) buy basket is in place
other wise ranging

Just a toy take it or leave it

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Quoting nisha4x

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reverse usd/chf and gbp/chf and u will have more pips

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Quoting Kosomolate

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that is why the wicks are hidden on the offline template showing just the candle bodies
and this has been discussed once, no one is using and H/L for anything

kos

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Quoting xixi

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My fourth SHORT basket stopped out at +75 pips.
I entered a LONG basket after I saw a double bottom and previous up moves are strong.
It's floating +200 pips now, locked 110 pips.
Sorry Kos if i'm not following the rules

Attachment

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Quoting ananthhh

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Its of no use to give your statistics here.
it won't add up anything to the followers of this thread.
You are just cluttering up the thread.
If you have your own rules, then explain it or please start your own journal or own thread in trading systems.

Thanks

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