Basket Knights - A Basket Trading Round Table 1,269 replies
Currency Basket and Carry Trading 51 replies
DislikedHello seller and other traders, this week some trades at the 1 hour but and up in a loss because
I did not excit on the rigth time and the Breakeven did not work, I asked in the "still basketing" thread
the reason for it and it seems that kos ea does not automatically close at breakeven, you
have to do it manual by dragging the breakeven block on the chart.
I hope that your ea does close automatic at BE.
The 4 hour trend confirmation, is this hardcoded or can it be turned off so the ea only looks at the 1 hour for a trade?
How did it...Ignored
DislikedSeller9, what do you think of this:
trade on the 4 hour basket chart, look for resistance level
and then set an entry line manual on the chart, open a trade
when candle closes above or below the line.
There are some ea's for this but could not find one
for basketing, perhaps an idea for another ea.Ignored
DislikedI don't have close at BE in the EA yet, but I am going to add it this weekend and it will close the trade if hit.
The way it will work is you can set the SL to BE after a ceratin amount of pip gain. So if you set BEpips = 200, after 200 pips of gain the SL will be moved to BE and left there. The SL when taken will be based on $dollar profit when it hits zero dollars of profit, makes it easier than trying to calculate spreads and what nots to place the SL at BE using pips.
You will then have the option to use a trailing stop loss if you want or...Ignored
ea took a trade on the 1 hour 5 pair, but on thursday price went up again,
my demo account expired that day so the ea was stopped and data was lost.
The trend ea took a trade on the gbpjpy chart, I use this one because I have
no trendline ea for basketing, the gbpjpy looks very simular with the 5 pair chart,
so trend ea is put on this chart, it ended up in a breakeven.
Your screen shots are looking good, I hope we have a lot of price movements
next week, good for testing your ea.
Release next week?Ignored
DislikedI will start posting screen shots of how to use the EA this week and if all goes well this week and we get some trade action the EA should be ready by next weekend, I kind of like to get things perfect (close as I can) before I release them.