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Still Basketting

  • #3,081
  • Jan 24, 2013 5:06am Jan 24, 2013 5:06am
tnavi - that's clever the way you have red/green in your rsi box - how do you do that?

I presume that the HAS is H1 and on the thread settings or you have changed them?
  • #3,082
  • Jan 24, 2013 5:17am Jan 24, 2013 5:17am
Quoting stephenoye
Hey Tnavi,

If you don't mind, could you expalin why you closed trade?
I'm taking that was descretionary as HAS hasn't changed colour.
Or you got any further analysis?

Thanks

stephenoye
My guess is he saw divergence on the RSI.
  • #3,083
  • Jan 24, 2013 5:32am Jan 24, 2013 5:32am
@stephenoye.I need to the rest of the day out of my home...it's very simple xDD

@handy148. create a box, change the color, and the time...

regards
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #3,084
  • Jan 24, 2013 6:02am Jan 24, 2013 6:02am
Quoting tnavi
@stephenoye.I need to the rest of the day out of my home...it's very simple xDD


regards
Cool,

Was just curious.

Thanks
Psalms 82:6: Forex Must Bow!
  • #3,085
  • Jan 24, 2013 7:10am Jan 24, 2013 7:10am
Quoting madscalp
Hi gyfu
Could you post your T101 Basket Trader v2.2 and your settings ?
Many thx
Madscalp...
If you need it now, it is here somewhere in the forum.. just search for it..

I can send you mine if you can wait, I won't be home till friday night, so if you don't mind waiting, just pm me and I respond accordingly.
  • #3,086
  • Jan 24, 2013 8:02am Jan 24, 2013 8:02am
Quoting gyfu
Madscalp...
If you need it now, it is here somewhere in the forum.. just search for it..

I can send you mine if you can wait, I won't be home till friday night, so if you don't mind waiting, just pm me and I respond accordingly.
OK don't worry , keep it and thx for share
  • #3,087
  • Jan 24, 2013 8:04am Jan 24, 2013 8:04am
ej mad abv 119.95 targeting 121.9
  • #3,088
  • Jan 24, 2013 8:40am Jan 24, 2013 8:40am
Quoting Kosomolate
taken and almost BE now

kos
out with -19 pips the EA was slow to close all. It would have been a BE @ 0.00

that is what happens when its trying to turn properly, lot of BE trades
switched EA to re-entry mode in case the opportunity shows up or if H1 returns to short again whichever way is a way


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,089
  • Jan 24, 2013 9:18am Jan 24, 2013 9:18am
My EA did not fire , finally had to resort to core 5 buy script.

KOS i think you jump in immediately on spotting the signal on the 1 H . ( wick and body both blue jump in )
  • #3,090
  • Jan 24, 2013 10:57am Jan 24, 2013 10:57am
Quoting Kosomolate
out with -19 pips the EA was slow to close all. It would have been a BE @ 0.00

that is what happens when its trying to turn properly, lot of BE trades
switched EA to re-entry mode in case the opportunity shows up or if H1 returns to short again whichever way is a way


kos
That's weird.
Mine's still running.
Was yours Core5?
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Psalms 82:6: Forex Must Bow!
  • #3,091
  • Edited 12:05pm Jan 24, 2013 11:50am | Edited 12:05pm
hey stephenoye

nice basket...

don't know why, but my T101 basket trader EA opened on colour change but then closed out the trade for a small gain... are you using modified TLE/and or settings?

also can you tell me what HAS settings you are using on your 1hr chart? i have 2, 15, 2,15 running


any help would be greatly appreciated

thanks
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  • #3,092
  • Jan 24, 2013 12:32pm Jan 24, 2013 12:32pm
Quoting blamshakk
hey stephenoye

nice basket...

don't know why, but my T101 basket trader EA opened on colour change but then closed out the trade for a small gain... are you using modified TLE/and or settings?

also can you tell me what HAS settings you are using on your 1hr chart? i have 2, 15, 2,15 running


any help would be greatly appreciated

thanks
Hey Blamshakk,

Taking your 0.05 lots into consideration, your BE and trailing settings seem quite tight to me.

BE: £10 (equates to about 20pips if its a GBP account)
Start Trailing: £15 (equates to about 30 pips)
Fixed Trail: £10 (20 pips behing price)

All in all this means that your basket has a maximum of 30 pips breathing space when gets to BE and 10 pips later when you start trailing this drops to 20 pips.
These will be knocked out in a very short period.

My HAS settings are 2,15,2,15.
My BE is about 100pips at the moment (I trade 13 pairs) as I lost a couple of baskets that didn't get to 135pips but broke 100 so I decided to experiment a bit.
Also, I start trailing @ about 150pips with a 25% trail (also experimenting @ present).

I'm still in at the minute though the basket has stalled for a while now.
My entry was manual on change of HAS @ 0800 GMT this morning just before I left for work.
$172.12 locked in.


Hope this helps.
Psalms 82:6: Forex Must Bow!
  • #3,093
  • Jan 24, 2013 12:39pm Jan 24, 2013 12:39pm
ah cheers, i was using default setfile posted by GVC with the EA way back in the thread, can see where i was going wrong

have loosened the trailing

also, if i set take profit to false, does this mean the basket will close on colour change?

thanks


Quoting stephenoye
Hey Blamshakk,

Taking your 0.05 lots into consideration, your BE and trailing settings seem quite tight to me.

BE: £10 (equates to about 20pips if its a GBP account)
Start Trailing: £15 (equates to about 30 pips)
Fixed Trail: £10 (20 pips behing price)

All in all this means that your basket has a maximum of 30 pips breathing space when gets to BE and 10 pips later when you start trailing this drops to 20 pips.
These will be knocked out in a very short period.

My HAS settings are 2,15,2,15.
My BE is about 100pips at the moment...
  • #3,094
  • Jan 24, 2013 12:50pm Jan 24, 2013 12:50pm
Quoting unimak
My EA did not fire , finally had to resort to core 5 buy script.

KOS i think you jump in immediately on spotting the signal on the 1 H . ( wick and body both blue jump in )
No Sir, the EA took the trade, monitor it to BE and closed it when it hit 0.00


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,095
  • Jan 24, 2013 12:58pm Jan 24, 2013 12:58pm
Quoting stephenoye
That's weird.
Mine's still running.
Was yours Core5?
No, full basket
may be brokers data feed difference, its weird really if yours did not hit BE
but another thing is that the EA only opened 11 pairs the remaining 3 may cause early close.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,096
  • Jan 24, 2013 1:13pm Jan 24, 2013 1:13pm
Quoting blamshakk
ah cheers, i was using default setfile posted by GVC with the EA way back in the thread, can see where i was going wrong

have loosened the trailing

also, if i set take profit to false, does this mean the basket will close on colour change?

thanks
Yeah.
That or your trail.
Whichever comes first.
Psalms 82:6: Forex Must Bow!
  • #3,097
  • Jan 24, 2013 1:45pm Jan 24, 2013 1:45pm
Back to the train. used M5 for re-entry on C5. Anyone else?


P.
"The fear of loss is a path to the Dark Side." >> Yoda
  • #3,098
  • Jan 24, 2013 2:03pm Jan 24, 2013 2:03pm
Kos,

Thank you so much for this great system. After lurking this forum for almost 2 years, I'm finally breaking even consistently on a weekly / monthly basis. I lost all of my first 2 years and am hoping to finishin this year at break-even. Next year, I will hope to be profitable. baby steps

One quick question - for those who are trading the 1H, does this mean you enter on the 1H but only in the same direction of HAS H4? For example, HAS H4 is BLUE, so wait for H1 to turn BLUE and then put a BUY basket?

This would also mean that if H1 turns RED, but HAS H4 is still BLUE, we would NOT put a sell basket?

Sincerely appreciate clarification on this.

Sk29
  • #3,099
  • Jan 24, 2013 2:25pm Jan 24, 2013 2:25pm
I decided to try just short pound and yen. Interesting...
I may add a short usd to it.
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Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #3,100
  • Jan 24, 2013 4:34pm Jan 24, 2013 4:34pm
Basket has hit area of previous resistance and retracted.
Previously hit 1000+ pips and locked 262pips before retracting.

Also keeping an eye on GJ and this has also stalled at previous resistance level.
I'll give it a bit longer, maybe till Tokyo.
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Psalms 82:6: Forex Must Bow!
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