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Still Basketting

  • #3,501
  • Mar 4, 2013 5:11pm Mar 4, 2013 5:11pm
Quoting inni
Hi. I have a simple question about the future of this system. We, as non-coder traders (me at least), will be able to use Basketv6 or C5core etc in MT5 platform when it becomes maintrend?. I'm a bit worried about that.

Thanks in advance!

This system works better in trending markets so the indi's and EA are already set up to suit. Even as a non-coder though you can have a play with the HAS settings. Just jumping down timeframes helps in a ranging market.
Everyone's got a plan until they get punched in the face
  • #3,502
  • Mar 4, 2013 6:53pm Mar 4, 2013 6:53pm
I am having a bit of a problem with my EA.

When the EA tries to open an order, I got the following error in my EA log..

2013.03.05 07:59:56 T101 Basket Trader v2.2 #kos#05,H1: Something went seriously wrong with order send, trade not found in open or history!!
2013.03.05 08:00:02 T101 Basket Trader v2.2 #kos#05,H1: We had a major error sending trade for GBPUSD please check logs


And this error repeats for all pairs.

Sometimes only 2 pairs has trade open and the rest of the 12 got the errors like above. I have way enough money in my account so I know it is not a money issue.

Can someone please advise?

Thanks and regards,
Gyfu
  • #3,503
  • Mar 5, 2013 10:26am Mar 5, 2013 10:26am
Hi Everyone,

Fist I would like to thank the main contributers to the thread. This is the first time I've ever met with basket trading and thus far I like it alot. At the moment I've been demoing C5 for about three weeks, trading the H1 manualy and the M15 or M5 via EA, depending on range.

I'm quit dissapointed by what has happened to this thread, but since there is still much potential in it (even if it is only about sharing trades), I hope it won't die out.

I also have a couple of questions. I would have PM-d Gvc, but I am not yet quailified to do so.

1. My T101 Basket Trader v2.2 is set to a 3, or maybe even a 2 digit broker. I noticed this, when I was setting my SL. I wrote DefaultSL = 2 and it gives me a SL of 200 pips. This also means that I can't set a SL under 100 pips (since it doesn't accept fractions), which in some cases might be usefull with scalping. How do set the EA to use an 80 pip SL or a 50 pip BE?

2. My previous dilemma is also important, since I have a GBP account and 10 pips on GU is not the same as 10 pips on NU. I would much rather prefer to define my SL, TP of BE in pips rather than value, because of the issue mentioned earlier. Unfortunately I can't do this because GBP values difer per pair, and I can't set SL, TP under 100 or can I define BE in pips. I guess this question is the same as the previous one.

3. I'm trying to get the hang of the Market Read function (I have read the manual), but it always resets itself. Also I read that Kos had an option, with wich he sets the EA only to trade H1 only in the direction of H4 HAS. Thats pretty much what I do, only I have to set it manauly everytime it resets. Can you please share a version of the EA which allows you to do so, or explain how I can avoid Market Read resetting?

Thanks for your help and I hope everyone who has contributed greatly to this thread, and who I respect imensly, will return to the conversation.

God bless you all!
Regards,
Peter
  • #3,504
  • Mar 5, 2013 4:21pm Mar 5, 2013 4:21pm
Quoting peterwest
I also have a couple of questions. I would have PM-d Gvc, but I am not yet quailified to do so.
GVC has his own thread. It went pretty quiet since this one started but I'm sure if people posted over there it would get back up and going again.

Quoting peterwest
1. My T101 Basket Trader v2.2 is set to a 3, or maybe even a 2 digit broker. I noticed this, when I was setting my SL. I wrote DefaultSL = 2 and it gives me a SL of 200 pips. This also means that I can't set a SL under 100 pips (since it doesn't accept fractions), which in some cases might be usefull with scalping. How do set the EA to use an 80 pip SL or a 50 pip BE?
I've never had an issue with this so I guess it was already set up for my broker settings. I did a quick search of the code and think I see the solution. Right click the T101 EA and select "modify". This will open the EA code in editor. Hit control + F to search the code. Search for "Digits" It's only a couple of paragraphs down in the code. Change the digits setting from 3 to suit your broker settings.

Quoting peterwest
2. My previous dilemma is also important, since I have a GBP account and 10 pips on GU is not the same as 10 pips on NU. I would much rather prefer to define my SL, TP of BE in pips rather than value, because of the issue mentioned earlier. Unfortunately I can't do this because GBP values difer per pair, and I can't set SL, TP under 100 or can I define BE in pips. I guess this question is the same as the previous one.
If the answer to the first question doesn't solve this problem you will need to go to an outside money management EA like MPBM which lets you set pip SL, TP, BE etc.

Quoting peterwest
3. I'm trying to get the hang of the Market Read function (I have read the manual), but it always resets itself. Also I read that Kos had an option, with wich he sets the EA only to trade H1 only in the direction of H4 HAS. Thats pretty much what I do, only I have to set it manauly everytime it resets. Can you please share a version of the EA which allows you to do so, or explain how I can avoid Market Read resetting?
KOS uses his own EA which hasn't been released. He doesn't use T101 as far as I know. Do you mean the market read resets after each trade or mean it resets randomly? There is a .pdf in the attachments that explains the market read functionality.
Everyone's got a plan until they get punched in the face
  • #3,505
  • Mar 5, 2013 4:37pm Mar 5, 2013 4:37pm
Hi Dud,

Thank you for your quick reply.

I've noticed that part of the code and tried changing it. No luck unfortunately. I guess there are other parts of the code that also need to be changed. Any other ideas?

Thank you for explaining the pip/value issue. I guess I'll stick to MPBM.

The market read resets after every trade. At least thus far thats the pattern that I have noticed

Regards,
Peter
  • #3,506
  • Mar 7, 2013 7:15am Mar 7, 2013 7:15am
Just replying to put the threat on top of the forum and make it easy to find. Great system
  • #3,507
  • Mar 7, 2013 8:55am Mar 7, 2013 8:55am
high risk entry.

http://i49.tinypic.com/rtq7vq.jpg

short in a possible resistance
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #3,508
  • Mar 7, 2013 10:21am Mar 7, 2013 10:21am
Quoting tnavi
high risk entry.

http://i49.tinypic.com/rtq7vq.jpg

short in a possible resistance
I will wait a bit bud.
  • #3,509
  • Mar 7, 2013 11:48am Mar 7, 2013 11:48am
I'm having serious problems to determine when to exit. If I wait to the HAS I left a lot of pips on te table. If I wait to the Vqzz2 signal I left a lot of pips too...

What do you do guys?
  • #3,510
  • Mar 7, 2013 2:03pm Mar 7, 2013 2:03pm
C5 H1 HAS has changed color many times, whilst Kos' 14 pair chart shows only blue in the last couple of days. This shows that C5 and 14 pair charts aren't exactly the same and give different signals.
  • #3,511
  • Mar 7, 2013 3:03pm Mar 7, 2013 3:03pm
Maybe it's going to go short. No idea yet. Waiting Gann signal!
  • #3,512
  • Mar 8, 2013 4:45am Mar 8, 2013 4:45am
Hi

As can be seen from the chart attached, the market is in uptrend mode after release of series of fundamental news yesterday including interest reate decisions. As per my analysis the market has moved considerable up and a downward correction is expected. One can wait till the Non Form Payrole release today, which will ultimately change the course direction either up or down. Another friend asked about exit. No one can answer that question except you. One can close all orders before the release of NFP and re-enter the market on Monday. Or one can take the decision to stand the risk of loosing part of the profits made in the trades picked up yesterday. It is advisable to trade the basket with little bit of fundamental knowledge. Chose some news trading website and gain some knowledge. It is always useful. I am following Henry Liu in his website http://www.currencynewstrading.com/.

Good Luck
Sampath
FxOptimus
Attached Image (click to enlarge)
Click to Enlarge Name: 4h basket14.gif Size: 18 KB
  • #3,513
  • Edited 5:14am Mar 8, 2013 4:59am | Edited 5:14am
am I the only one enjoying this??

+2000 pips in the green??

if anyone is still doing BTS and in this buy basket, pls guide your pips very well, cos NFP is on the way


kos
Attached Image (click to enlarge)
Click to Enlarge Name: zzs.png Size: 48 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #3,514
  • Mar 8, 2013 5:02am Mar 8, 2013 5:02am
ingmarforex

thank you very much for the vouch, ingmarforex
I really appreciate it.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,515
  • Mar 8, 2013 5:11am Mar 8, 2013 5:11am
whaoo, lot of PM to check,

I will find time to do that later,

am sorry for the late replies, but I will attend to all of them


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,516
  • Mar 8, 2013 5:28am Mar 8, 2013 5:28am
Quoting Fx-optimus
Hi

As can be seen from the chart attached, the market is in uptrend mode after release of series of fundamental news yesterday including interest reate decisions. As per my analysis the market has moved considerable up and a downward correction is expected. One can wait till the Non Form Payrole release today, which will ultimately change the course direction either up or down. Another friend asked about exit. No one can answer that question except you. One can close all orders before the release of NFP and re-enter the market on Monday. Or one...
Thanks a lot for the reply. I appreciate it.
  • #3,517
  • Mar 8, 2013 6:13am Mar 8, 2013 6:13am
http://www.4shared.com/folder/7oraZhQ3/_online.htmlhttp://www.4shared.com/photo/-5IEabcD/bsk.htmlhttp://dc669.4shared.com/img/-5IEabc...837269/bsk.jpg

Maybe it goes south near yellow trendline. Who knows?
  • #3,518
  • Mar 8, 2013 6:40am Mar 8, 2013 6:40am
Hi Mr.Ko

I am glad to see you back. I am demoing the system. Many accounts are waiting to go live shortly. I have got in right time in another account with +1800 pips which I am showing here. I have a basic question which I will do so later.

I am grateful to T101 and you for this method. I had almost given up trading before I stumbled up on this method while searching for muli pair trading system. Thanks once again.

Regards
Sampath
FxOptimus
Attached Image (click to enlarge)
Click to Enlarge Name: bts02.gif Size: 14 KB
  • #3,519
  • Mar 8, 2013 7:01am Mar 8, 2013 7:01am
i've been trading the cos 5 and i've took quite some hit on my account these last 3 weeks . I wanted to try use the Core 14 pairs but my broker doesn't allow EURCHF pairs to be traded . I was wondering if i could substitute it for another pair ?? or would it be wiser to find another broker ?
  • #3,520
  • Mar 8, 2013 10:30am Mar 8, 2013 10:30am
Quoting Kosomolate
am I the only one enjoying this??

+2000 pips in the green??

if anyone is still doing BTS and in this buy basket, pls guide your pips very well, cos NFP is on the way


kos

Hi Kos,
I thought you wait to enter when H4 HAS has changed to? Did you revert back to your original way?

Please advise. I didn't enter as I thought that is what you are doing now.
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