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Basket Trading

Excuse me I want to ask about the basketing EA you upload in Kos's basketing thread, I have succeed running it on my MT4 everything is running normal but today I found whenever I close my MT4 while there is still open trades which is opened by using the EA sell/buy button (manual) it closed automatically hence I chose every option to false it still closed my open trades, is this common or I have wrong setting?
Thank you in advance.
Quoting Gvc
Another thing i see is that you have 2 instances of HAS on the offline chart.

This can also be a cause of conflict in the EA.
Just a quick update mate.

After looking much closer at the code at the weekend I checked through everything the bot needed to work making sure they were all in place.
I discovered that I inadvertently did not have the HAS indicator. you laugh don't you.
Well, because I was fixated on having the email alerts I only installed the HAS with alerts version.
So the bot looks for HAS and doesn't find it. I didnt have any errors though which was weird.
Anyway, I dumped HAS in the indicators foulder and it now works ok.

Thanks again for your kind help.

stephenoye
Psalms 82:6: Forex Must Bow!
Hi GVC,

I deeply appreciate your propensity to share with others. I have been following you right from Kosomolate thread.

I think KOS, Paradox, MPP, T101, yourself and others are really wonderful.

I'm presently testing a 2 basket system (on demo of course). But I'm having a problem. The MPBM I have (for basket trading) does not close more than one basket. I used two different magic numbers (419 and 519) to place my orders but the MPBM closed that of 419 and could not close that of 519.

I observed in one post that you opened 3 baskets at the same time. May I know the basket manager you are using to manage more than one basket?
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Quoting Myff
Hi GVC,

I deeply appreciate your propensity to share with others. I have been following you right from Kosomolate thread.

I think KOS, Paradox, MPP, T101, yourself and others are really wonderful.

I'm presently testing a 2 basket system (on demo of course). But I'm having a problem. The MPBM I have (for basket trading) does not close more than one basket. I used two different magic numbers (419 and 519) to place my orders but the MPBM closed that of 419 and could not close that of 519.

I observed in one post...

Hi Myff,

Just checking.
Have you got 2 instance of MPBM open each with the corresponding magic number?
They need to be open on seperate charts as well.
Psalms 82:6: Forex Must Bow!
Quoting stephenoye
Hi Myff,

Just checking.
Have you got 2 instance of MPBM open each with the corresponding magic number?
They need to be open on seperate charts as well.

Yes Stephen I did all that.
Enter Signature
Quoting Myff
Yes Stephen I did all that.
I attempted to use MPBM and had no luck so I am using Multipurpose Trade Manager with settings that will serve for long and short. I played with the MPBM for quite a while, I am not sure what I am doing wrong so I used the other one.
Quoting stephenoye
Hi Myff,

Just checking.
Have you got 2 instance of MPBM open each with the corresponding magic number?
They need to be open on seperate charts as well.
Well the MPBM is working now. I guess I left something out initially.
Enter Signature
Quoting Gvc
Right, here is the Offline Indicator.

Selact 8 for 8 pairs or 14 for 14 pairs or go into MetaEditor & select your pairs from the "Case files'.

Please GVC what is your recommendation in the "use weighting" variable?- TRUE OR FALSE?

Thanks.
Enter Signature
Quoting Myff
Please GVC what is your recommendation in the "use weighting" variable?- TRUE OR FALSE?

Thanks.
Myff, Working with Weithting will be more accurate but it COSTS CPU. I do not use it.

Y.
Hey GVC, I had a quick question about the T101 EA. My goal is to manually enter a trade, and have the robot manage it from there. I'm trying to get it to set BE at 150 pips, but it keeps taking me out. I've tried umpteen different settings but every time it's taking me out (with a small profit) when I'd like it to just set to BE and let PA go from there. I know MT4 pretty well and I'd like to think I know this EA pretty well, but this one problem is kicking my ass. If you could assist me that would be amazing. I've attached some screen shots of my set. I'm trading $0.25 per pip. Thanks again!
Attached Images
Hi Bob

The problem is with your TrailPercentage = 0.25.
If you want to trail 25% from your current profit then you must set TrailPcentage = 25.0

Here is the pdf.
Attached File(s)
File Type: pdf T101 Basket Trader v2.pdf   156 KB | 1,924 downloads
Quoting Gvc
Hi Bob

The problem is with your TrailPercentage = 0.25.
If you want to trail 25% from your current profit then you must set TrailPcentage = 25.0

Here is the pdf.
Jesus! Duh. Sometimes I'm amazing at my retardedness. Thanks man!!
Hello GVC,

Im quite new to the whole idea of basket trading. I was wondering how the BUY and SELL pairs were determined?

How did you determine the specific 8 pairs you trade out of the 14?

And why some strategies are doing some SELLs in a Basket Buy and some Buys while doing a Basket SHORT?

If this has been discussed somewhere else, please let me know where.

Regards,
Vlad
Hey GVC, it seemed that percentage change didn't do the trick. It has something to do with my BE + Lock or my Default lock value. I've got them all set at $50.00 (200pips) but last night it took me out at $50.00 instead of locking BE. I've got TP turned off so the robot will only exit at HAS color change. I'm sure it's something simple having to do with one of these BE settings. If you could shoot me in the right direction that would be super sweet.
Thanks again!
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Hey Bob

I think that your Trail Percentage is set too low. e.g. TrailPrcentage = 25 means if you are $10 in profit then the EA will trail at $2.50.

Most of the guys are using +50% as a trailing figure.
I think DryClean said he is using 68.
Quoting Gvc
Hey Bob

I think that your Trail Percentage is set too low. e.g. TrailPrcentage = 25 means if you are $10 in profit then the EA will trail at $2.50.

Most of the guys are using +50% as a trailing figure.
I think DryClean said he is using 68.
This is for Core 5
I was doing 75% on 15min TF and 67% On H1 TF I like it a bit tight on the 15 and breathing room on 1H
Quoting vladrac
Hello GVC,

Im quite new to the whole idea of basket trading. I was wondering how the BUY and SELL pairs were determined?

How did you determine the specific 8 pairs you trade out of the 14?

And why some strategies are doing some SELLs in a Basket Buy and some Buys while doing a Basket SHORT?

If this has been discussed somewhere else, please let me know where.

Regards,
Vlad
Hi Vlad

Have a look in this thread for the "T101 Rules Made Easy v3" pdf.

It will explain what you are looking for.

Regards
George
Quoting Gvc
Hey Bob

I think that your Trail Percentage is set too low. e.g. TrailPrcentage = 25 means if you are $10 in profit then the EA will trail at $2.50.

Most of the guys are using +50% as a trailing figure.
I think DryClean said he is using 68.
Ok, my thought process was backwards on that one.
Thanks!
Quoting Gvc
Hey Bob

I think that your Trail Percentage is set too low. e.g. TrailPrcentage = 25 means if you are $10 in profit then the EA will trail at $2.50.

Most of the guys are using +50% as a trailing figure.
I think DryClean said he is using 68.
Do my BE settings look okay for 200 pips at $0.25 per pip?
I sat on the side line these past 2 weeks.

Whenever I loose my first basket of the week on a Monday or Tuesday then I stay out till direction starts to show.
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