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Still Basketting

  • #4,921
  • Jul 23, 2013 8:20am Jul 23, 2013 8:20am
Quoting m00nchild
However, I have an issue that I can't resolve, no matter what I try... Any help would be greatly appreciated! So my standard 14 pairs basket is working like a charm, however I can't figure out why my 5 pair setup is not working. I would love to trade this. Here is exactly what I am doing to generate my charts: 1) Open MT4 and a fresh m15 GBPJPY chart 2) Open a fresh h1 GBPJPY chart 3) Drag the 'C5 Offline' indi on both charts, dlls all allowed and settings 15 and 60 4) Go to Chart > Open offline: No Core506... etc charts are there to open I tried...
Hi M00nchild - I noticed your question about your CORE5 setup & will help you if I can.

I am a nooby & may not be much help, but I can usually get my offline charts to work ok, & this is how I do it.

My setup on a new platform is made by first loading 6 (or however many you want) GBPJPY PRS onto the platform, then changing the TFs to M5, M15, M30, H1, H4, & D1. You can select how many & what TFs you prefer.

I then attach the C5 OFFLINE.ex4 to each one, making sure that as I attach them, I set the MaxBars to match each TF, example-:

m5 @ 900, m15 @ 800, m30 @ 700, h1 @ 600, h4 @ 500, d1 @ 400.

Then, at the same time, set the TF setting to match each respective Time Frame.

I then close the mt4 platform, This is very important.

I then open it again & go to the File/Open Offline folder, double click on each Offline Chart, 1 at a time, starting with the D1, to attach them to my platform.

If you have any "waiting for data" signals, then attach the ForceLoadHistoricalData or the LoadHistory-1 script onto one of your ONLINE GBPJPY charts & let it run until it stops, sometimes a couple of hours or more.

I hope this helps you, & if I am wrong in my procedure, I am sure someone will advise us.

Good Luck

Larfa


  • #4,922
  • Jul 23, 2013 9:07am Jul 23, 2013 9:07am
last week i "only" lossed around 160-200 points.

if i didnt exit in a long early, i could finished the week in positive.

but...this is the life!

from 1 to 5 of july, i gained +410 points.

from 8 to 12, +1600 points.

and last week -160 points.

around +1800 points in 3 weeks.

sooo good! (for now)

http://tnavitrader.blogspot.com.es/s...ekly%20summary

regards!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,923
  • Jul 23, 2013 2:54pm Jul 23, 2013 2:54pm
Tnavi, you can try to trade JPY pairs basket..I think it has a better movement.

Regards
  • #4,924
  • Jul 23, 2013 4:09pm Jul 23, 2013 4:09pm
Quoting Larfa
{quote} Hi M00nchild - I noticed your question about your CORE5 setup & will help you if I can. I am a nooby & may not be much help, but I can usually get my offline charts to work ok, & this is how I do it. My setup on a new platform is made by first loading 6 (or however many you want) GBPJPY PRS onto the platform, then changing the TFs to M5, M15, M30, H1, H4, & D1. You can select how many & what TFs you prefer. I then attach the C5 OFFLINE.ex4 to each one, making sure that as I attach them, I set the MaxBars to match each TF, example-: m5 @...
Hey Larfa!

Thank you so much, I made some great progress and can now see the 5 pair chart! Will put some more work into it tomorrow and keep you updated.

Thanks again!!
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  • #4,925
  • Jul 23, 2013 4:27pm Jul 23, 2013 4:27pm
@kosomolate,the HG mtf repainting you talked about,is it the normal repainting issue that associates with all mtf indicators or is it abnormal repainting?
  • #4,926
  • Jul 23, 2013 10:08pm Jul 23, 2013 10:08pm
Quoting Kosomolate
{quote} are you not enjoying this ride??? 1600+ now kos {image}
Hi Kos

The system is excellent provided one picks up the entry right. I have been watching this move in H1 after having missed the entry. Given the whipsaw price action just before this move I did not enter. After it moved sufficiently up I have been waiting for the retracement, but never came down. And I don't want to enter in between this trend. There were several entries in M15 but some how I am not comfortable with too many entries because of high spread. The charts look good after the move.

I have been experimenting with your CCI+mtf_stoch combi by adding MACD to it. I find this must be good for all time frames and also takes care of the whipsaw price action. Here again one requires to keep shifting to higher time frames starting from M15 if the market is trending. You had earlier exited from your buy basket. But the buy trend still continues and it looks impressive in H4. May be this could be a very long long long H4 trade, for which you had attempted some time back and closed that trade in loss.

Observations : There are no rules for trading the basket(entry/exit) except the HAS. Many trade the basket on their own way. As no one can predict the market there must be a standard entry rules for BTS. The basket trading look impressive as well as disaster in any time frame. How to pick up the right signal at the right time frame? That is a million dollar question. Keep on entering on every signal to hit the big trend is the only rule of the game. Also one can burn their account on hitting series of losses in a whipsaw price action. So, over all it looks like trading the basket is easy and difficult both depending on the individual who decide in between.

I request you to share, if possible, as and when you enter the market. It should not take much time.

FxOptimu$
  • #4,927
  • Jul 24, 2013 2:19am Jul 24, 2013 2:19am
Good to read u again, optimus.

How are u?
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,928
  • Jul 24, 2013 4:09am Jul 24, 2013 4:09am
Quoting tnavi
Good to read u again, optimus. How are u?
I am fine tnavi. Last few weeks I have been reading hell a lot of materials on stochastic & cci and few other trading systems to identify a better entry method. I read your blog also and found your trend line exit method is the most appropriate one for basket trading. As I said before the basket is directionless presently making no big moves in M15. Kind of scalping for 100 to 200 pips is the best method as of now. I have a suggestion for you. After you have entered in M15 using clouds or trend line just switch over to H1 chart to follow up the trade. Perhaps that would avoid too many entries.

Have a nice day.

FxOptimu$
  • #4,929
  • Edited 11:21am Jul 25, 2013 10:38am | Edited 11:21am
short now, after the very long LONG of +1600 pips

hope it goes well

@fx_optimus - this is my entry

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #4,930
  • Edited 1:40pm Jul 25, 2013 1:23pm | Edited 1:40pm
Quoting Kosomolate
short now, after the very long LONG of +1600 pips hope it goes well @fx_optimus - this is my entry kos {image}
Thanks Kos. I just entered short. Every now and then you through some surprise in your chart. What is this new indi? I found that the XO indi is exactly same as HAS 2 1 3 1. Just check it out. No matter what indi one can use, trading the basket is same as trading an individual pair. The difference is the currency (JPY or USD) shows up in the basket with a long trend. Is it not ok to trade only the JPY pairs?

FxOptimu$
  • #4,931
  • Jul 25, 2013 1:35pm Jul 25, 2013 1:35pm
Quoting Larfa
{quote} Hi M00nchild - I noticed your question about your CORE5 setup & will help you if I can. I am a nooby & may not be much help, but I can usually get my offline charts to work ok, & this is how I do it. My setup on a new platform is made by first loading
Hello Sir

You have lot of patience to reply in detail. I have sent you a Personal Message. Please check it out and let me know.

FxOptimu$
  • #4,932
  • Edited 8:33pm Jul 25, 2013 7:49pm | Edited 8:33pm
HAS 2 1 3 1 shown on the main chart as well as in Indicator Window compared with IXO. In H4 the up trend is still active.

@Kos - what will be the trade plan if the market moves north? Should we enter long on HAS color change in H1?

FxOptimu$
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  • #4,933
  • Jul 26, 2013 2:41am Jul 26, 2013 2:41am
Quoting Fx-optimus
HAS 2 1 3 1 shown on the main chart as well as in Indicator Window compared with IXO. In H4 the up trend is still active. @Kos - what will be the trade plan if the market moves north? Should we enter long on HAS color change in H1? FxOptimu$ {image}
I think you know the game plan, but I will still lay it out here.

- H1 HAS is RED I entered short, the red line up is my SL of -560 pips.
- the HAS under is H4 HAS and price could bounce off it or struggle to cross it.
- I will watch this trade closely as it arrives at H4 bus stop. this is a counter-H4-trend-trade and I like to trade with H4 on my side.

two things am waiting to do now:-
1. price kisses H4 and I pick my profit and run OR 2. BE the trade and stay.

# if I pick my profit then I will wait for a bounce up to enter long and flow with H4 OR it continues south and I seek re-entry
# if I BE I will wait for it to hit my BE point, then wait for a long entry or short re-entry

why would I pick my profit and run?
# if it arrives at that bus stop and I have no chance to BE yet, I will run because the bounce from H4 is always one big candle that will wipe out many previous bars.
# but if I have already BE i.e. achieved 250 pips then BE is the choice.

if you have any more questions fire them, today is Friday, I have time.

### as I was typing I BE - auto, so its a free one from that point


kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #4,934
  • Jul 26, 2013 2:56am Jul 26, 2013 2:56am
Quoting Fx-optimus
HAS 2 1 3 1 shown on the main chart as well as in Indicator Window compared with IXO. In H4 the up trend is still active. @Kos - what will be the trade plan if the market moves north? Should we enter long on HAS color change in H1? FxOptimu$ {image}
I like the idea of tuning HAS to match with XO,
I actually modified my EA to trade XO but it was taking trades only one side,
if I have HAS settings that matches XO then its cool.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,935
  • Jul 26, 2013 3:10am Jul 26, 2013 3:10am
hey bro,
long time,
the shorts on GJ,EJ,AJ,NJ,UJ worked quite nicely, i restrict this setup to the yen pairs only. Do you still add the USD pairs?
It is possible to make large sums trading, small losses, large wins
  • #4,936
  • Jul 26, 2013 3:11am Jul 26, 2013 3:11am
Quoting Fx-optimus
{quote} Thanks Kos. I just entered short. Every now and then you through some surprise in your chart. What is this new indi? I found that the XO indi is exactly same as HAS 2 1 3 1. Just check it out. No matter what indi one can use, trading the basket is same as trading an individual pair. The difference is the currency (JPY or USD) shows up in the basket with a long trend. Is it not ok to trade only the JPY pairs? FxOptimu$
the indi is not new its been around from start its VQ, just like HAS but 1 or 2 candles faster than HAS.
I will check it out and it will be of help if I find it so.

trading basket using offline charts could be done as if you are trading single pair chart, apply your indis, draw your trend lines and so on thats where the sameness stops.

BUT basketting is not the same as trading one pair of currency.
fx-optimus this is a huge argument that we have trashed very well in the past, both in the older threads and in this one. you can only arrive at your own conclusion base on your experience.

it is very ok to trade the jpy pairs only, its called jpy basket


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,937
  • Jul 26, 2013 3:18am Jul 26, 2013 3:18am
Quoting omadivi
hey bro, long time, the shorts on GJ,EJ,AJ,NJ,UJ worked quite nicely, i restrict this setup to the yen pairs only. Do you still add the USD pairs?
what??? omadivi!! where did you show up from?

thought you left during the whipshaws of February
yes I have NU there but I switched GU for UJ

bro its very good to see you,
and half the year is gone brother, how are you doing?


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,938
  • Jul 26, 2013 3:23am Jul 26, 2013 3:23am
old hands come visiting


kos
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
  • #4,939
  • Jul 26, 2013 3:29am Jul 26, 2013 3:29am
Quoting Kosomolate
{quote} what??? omadivi!! where did you show up from? thought you left during the whipshaws of February yes I have NU there but I switched GU for UJ bro its very good to see you, and half the year is gone brother, how are you doing? kos
i am good. I am ready to max out the 2nd half of the year. Nice to see you growing strong..
It is possible to make large sums trading, small losses, large wins
  • #4,940
  • Jul 26, 2013 3:36am Jul 26, 2013 3:36am
Quoting omadivi
{quote} i am good. I am ready to max out the 2nd half of the year. Nice to see you growing strong..
nice to hear that.
your signature "It is possible to make large sums trading, small losses, large wins" is a fact

kos
John 3:16 - From THIS love no power on earth can me sever.
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