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Still Basketting

  • #3,301
  • Feb 1, 2013 10:15am Feb 1, 2013 10:15am
Quoting alpa384
Thank you very much, Gorge for your EA n Guidance.
It seem that there is no place for all the newbies to ask for helps. Ability and Language limitation make it "Silly".

Yes, there is place for newbies who have read the thread to ask questions, and your questions would surely show you out whether or not you have read deep into the thread.

how about these:
1. How should I change that for 1H and for 4H chart? => referring to the setting of HAS
2. What does it mean trading with 14 pairs ? => thats why the links at the first post are there

if these are the type of helps you ask for then am sorry there is no place here, go and read form the 2 links in post 1.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,302
  • Feb 1, 2013 10:22am Feb 1, 2013 10:22am
Quoting Gvc
Hi Kos

There are no hard feelings between Pippo and myself....We were just blowing off some steam...LOL

I posted the "All in One" EAv2.3 so that there is only 1 EA and hopefully no more silly questions....

Regards
George
You have done well,

you mean blowing off some steam after the big kill right?

GVC are you Live now or still demo? it gives me joy to know that someone is making real money



kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,303
  • Feb 1, 2013 10:41am Feb 1, 2013 10:41am
GVC, You are right, no hard feelings. You are a very patient man with all the,"noob," questioners. Regrettably, I am not. Will work on it... Have not taken a basket trade all week. My model has a Long signal in effect since Jan 24 at close of 08:00 GMT candle. I closed Friday, but have not reentered as I proposed..poor trading on my part...Would be pip pos. at this time. To all, a tranquil, and restful weekend...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyd1.gif Size: 29 KB
Vincit qui se vincit.
  • #3,304
  • Feb 1, 2013 11:15am Feb 1, 2013 11:15am
Quoting Croissant
For all newbies I'm putting here a manual and required files needed to setup Basket trading, all in one .zip file. Manual and automatic trading both included.
Good work Croissant. I was talking with Kos via PM where I volunteered to put something like this together. I held out because bishopdotun said he was working on a guide.

May I make a couple of suggestions? Your doc mentions at the start that one can use either C5 or Basketv6 and that "the rest of the instructions are the same". However, I found the rest of the document focused on C5 and it discusses, for example, settings for C5 but makes no mention of Basketv6 settings. Similarly, with offline charts, the user would need to open the #Kos#,M15 etc, not C5 offline charts. Stating that the doc covers both the C5 and Basketv6 scenarios may lead to some confusion.

BTW, I was thinking that an explanation of all the T101 Basket Trader v2.2 settings would help (and save further newbie questions). I've attached a pdf I found. Perhaps you could add it to your zip?
Attached File(s)
File Type: pdf T101 Basket Trader v2 (c5 description).pdf   156 KB | 1,360 downloads
  • #3,305
  • Feb 1, 2013 11:42am Feb 1, 2013 11:42am
Week 5 January 2013

If anyone tells me that we can still go this up I will doubt it, but see that it pays to just trade what is in front of you.

Trade #1 SHORT -350 Never got the chance to BE
Trade #2 LONG +480 Closed it to cover up for the loss, and if I had not it would have ended up as a BE trade
Trade #3 LONG +1,300 Re-entered at 15min TF and it worked till now

TOTAL = 1,430

You can see my charts for the analysis

Have a nice and blissful weekend everyone


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,306
  • Feb 1, 2013 11:45am Feb 1, 2013 11:45am
these are the charts

Thank God am still up for the week and the month of January closed on a very positive note


kos
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ONE HR.jpg Size: 72 KB
Click to Enlarge Name: 15 min Feb 1.jpg Size: 69 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #3,307
  • Feb 1, 2013 11:54am Feb 1, 2013 11:54am
Quoting Kosomolate
these are the charts

Thank God am still up for the week and the month of January closed on a very positive note


kos
Very nice, Kos. I ended up missing out on most of this big move this week because the ea knocked me out a bit early. I'm gonna backtest the M15 in conjuntion with H1 this weekend to really hone in reentries with the M15.
  • #3,308
  • Feb 1, 2013 11:54am Feb 1, 2013 11:54am
Quoting WideEyed
Good work Croissant. I was talking with Kos via PM where I volunteered to put something like this together. I held out because bishopdotun said he was working on a guide.

May I make a couple of suggestions? Your doc mentions at the start that one can use either C5 or Basketv6 and that "the rest of the instructions are the same". However, I found the rest of the document focused on C5 and it discusses, for example, settings for C5 but makes no mention of Basketv6 settings. Similarly, with offline charts, the user would need to open the #Kos#,M15...
I thank all of you that are trying to organize things here.

I will use this weekend to put the indicators and EAs in post #1
and kudos to stephenoye who has helped us put up a very nice PDF explaining charts setup and the method itself

This will be in post #1 too so that people can just pluck it up and run, may be this will narrow down the silly questions


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,309
  • Feb 1, 2013 12:02pm Feb 1, 2013 12:02pm
Quoting Bob_Loblaw
Very nice, Kos. I ended up missing out on most of this big move this week because the ea knocked me out a bit early. I'm gonna backtest the M15 in conjuntion with H1 this weekend to really hone in reentries with the M15.
Its either your BE point is too tight, or you are trailing too close to price, not giving price a breathing space
so price would just turn around and shake you off its back.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,310
  • Feb 1, 2013 12:05pm Feb 1, 2013 12:05pm
Quoting Kosomolate
Its either your BE point is too tight, or you are trailing too close to price, not giving price a breathing space
so price would just turn around and shake you off its back.


kos
No, it was the way I set up the EA, I'm still trying to get the settings where I like them, and in this instance I accidentally had the robot ON for exiting trades. I'll get it, though. I'm not worried.
  • #3,311
  • Feb 1, 2013 12:14pm Feb 1, 2013 12:14pm
Quoting WideEyed
Good work Croissant.
Thank you. I've included pdf about EA settings and added #kos14# info to the .doc. Zip-file updated.

I'm open to any other suggestions to add to the manual .zip file. Better manual - less stupid and unneeded posts here.

To Kosomolate:
I have the same chart (but HAS is 2,11,2,11; will explain my choice later with backtest analysis, got it for 5 months, discovered good settings for BE and TP).
Lost first trade and got second one in its full. Why did you exit the trade in the middle? Maybe psychological exit? Because you know that in order to capture big moves we have to be in market. And no big moves - no profit. Don't want to mentor you, just asking why did you exit. Maybe something I didn't catch in the method.
I have started demoing your method with T101 2.2 EA, trades picked up automatically for Core5. I'm doing a month demoing, then going live with quite a big account (it's big for me, of course). I set up VPS with MT4, it's doing well and 24hours a day. If I sleep, it won't miss HAS signal.
So I did lots of analysis about your patient method. You understand, that patient and "no less than H1" methods will be more profitable for long time periods. I understood that short-time scalping is stressful, and money is not there. So I'm with you. I got big plans for BTS Core5 (no matter actually if it's 14 or 5 basket).
I guess maybe it's time to stop answering stupid stuff (damn, all is in first 15 pages, I mean, absolutely everything is there), get instructions to post #1 and forget about it.
I'd went live right now, because I trust your method and my backtesting, but Forex teached me - demo stuff first, even if it's the best stuff. So I'm demoing just because it's psychological right thing to do.
I use 2 lots for 10000 deposit (for Core5 it means 0.4lot for 1 trade, 2 lots in total) (so for 50000 deposit it would be 10 lots total, 2 lots per trade). So I lost 8,5% on first trade this week, and gained about 34,5% on second one (took profit automatically on 800pips). It's not as conservative as you, but I guess it's alright for this system. I traded 5 lots for 10000 deposit when I scalped. Man, these losses tired me down. Even if I'm positive pips for the week - I'm washed down, stressed and angry.
But this H1 HAS method is stress free. It's good. Forex is paying my bills for a long time now, and I want to rest a little.

Will post my analysis later. Looking forward to discuss it more specifically.
  • #3,312
  • Edited 4:26pm Feb 1, 2013 4:10pm | Edited 4:26pm
Dont know if anyone else has experience this or not. But i got in on a re-entry on the 15 min chart to take a long. Currently price is 180 pips up in my favor; however, my profit is showing negative.

Edit....I see exactly what happened. The other pairs were in a very strong downtrend which depleted my profit from the jpy pairs. I may try the core5 and see how that works. Just curious, does anyone prefer the core5 more than the 14 basket one?
  • #3,313
  • Feb 1, 2013 4:46pm Feb 1, 2013 4:46pm
Quoting Kosomolate
these are the charts

Thank God am still up for the week and the month of January closed on a very positive note


kos
Kos, I have a question: I entered the same trades as you (except, that my 2nd trade closed at breakeven). Before my last trade I always opened and closed manually, but for the last trade I used the T101 EA on M15. You wrote on your screenshot that you entered on M15 but managed the trade on H1 - can this be done with the EA?

While my basket was still open I had to restart my computer, and when I opened the MT4 again, and turned on the EA button to let T101 do it's managing job, it opened another 14 trades at that moment (no changes in it's settings was made). I thought that it use magic numbers to identify it's own trades, and if there are open oreders then it won't open new ones, but it doesn't happened that way. So if I use the EA to enter on M15 and after that I remove it from that offline chart, and put it onto an 1H offline chart will it work the way I want (manage the open trades on 1H timeframe)?

You asked if someone trading this with real money. I deposited a small amount onto a micro account, and from the next week I will trade your system with real money (after 3 weeks of practicing on demo).
  • #3,314
  • Feb 1, 2013 10:36pm Feb 1, 2013 10:36pm
Quoting dj083
Dont know if anyone else has experience this or not. But i got in on a re-entry on the 15 min chart to take a long. Currently price is 180 pips up in my favor; however, my profit is showing negative.

Edit....I see exactly what happened. The other pairs were in a very strong downtrend which depleted my profit from the jpy pairs. I may try the core5 and see how that works. Just curious, does anyone prefer the core5 more than the 14 basket one?
Also, don't forget that the spread triples over the weekend.

On market open Sunday it goes back to normal.
  • #3,315
  • Feb 1, 2013 10:39pm Feb 1, 2013 10:39pm
Quoting Zool
Kos, I have a question: I entered the same trades as you (except, that my 2nd trade closed at breakeven). Before my last trade I always opened and closed manually, but for the last trade I used the T101 EA on M15. You wrote on your screenshot that you entered on M15 but managed the trade on H1 - can this be done with the EA?

While my basket was still open I had to restart my computer, and when I opened the MT4 again, and turned on the EA button to let T101 do it's managing job, it opened another 14 trades at that moment (no changes in it's settings...
That is weird, the EA is not supposed to open a new basket if there is one in progress, less you use different magic numbers...
  • #3,316
  • Feb 1, 2013 10:59pm Feb 1, 2013 10:59pm
It would be interested to see what is the difference if you trade 5 core pairs individually compared to core 5 pairs as a basket using the same method.
Follow me to the Promised Land
  • #3,317
  • Feb 2, 2013 12:43am Feb 2, 2013 12:43am
Quoting Gvc
That is weird, the EA is not supposed to open a new basket if there is one in progress, less you use different magic numbers...
T101 2.2 always open new basket when loaded on chart or when closing and opening MetaTrader4, if we are on signal bar (when HAS changes color).
So I have to reload MT4 only when we are in the middle of a trade. On signal bar it will open more trades.
  • #3,318
  • Feb 2, 2013 5:02pm Feb 2, 2013 5:02pm
The difference in terms of what?

Joven

Quoting xlitang
It would be interested to see what is the difference if you trade 5 core pairs individually compared to core 5 pairs as a basket using the same method.
  • #3,319
  • Feb 2, 2013 5:56pm Feb 2, 2013 5:56pm
Quoting Dkny
The difference in terms of what?

Joven
in term of profit or loss.
Follow me to the Promised Land
  • #3,320
  • Feb 2, 2013 9:07pm Feb 2, 2013 9:07pm
I thought i already answered this one. Are you not reading the past pages? Scroll back to find your answer?

Joven


Quoting xlitang
in term of profit or loss.
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