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Still Basketting

  • #5,261
  • Aug 31, 2013 4:26am Aug 31, 2013 4:26am
Quoting faizpakoh
closed my short last night +20% of my account, my past losses turn back to BE again. ps; i just start trading my live account 2 days ago, at 29 August i loss 20% of my account(entered long order)
HEY! Hey! heY! hEy! hey!! faizpakoh!!!

how can you loose 20% at once? that is not good.

I know we risk heavily here, but it should not be more than 6% or at the MAX 10%
you may not be this lucky next time.

and where did you get the LONG?


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #5,262
  • Aug 31, 2013 4:46am Aug 31, 2013 4:46am
Quoting howa61
Hi Gvc and thanks for the fast answer,i will try it Have you take a look at the indi? Are suitable for your EA? Keep in touch

Hi Gvc.

Found also the "rsioma" say no repaint please check and if you change the template let me know so we have the same system to test.

Regards

Attached File(s)
File Type: mq4 rsioma_nrp_mtf+alerts.mq4   9 KB | 400 downloads
  • #5,263
  • Aug 31, 2013 5:01am Aug 31, 2013 5:01am
Quoting Kosomolate
{quote} HEY! Hey! heY! hEy! hey!! faizpakoh!!! how can you loose 20% at once? that is not good. I know we risk heavily here, but it should not be more than 6% or at the MAX 10% you may not be this lucky next time. and where did you get the LONG? kos
i'm only using 100usd for live account with 0.01 lot size open total= 0.14,i know it wayyy to risky but i'm a poor guy , to save my money till 1000usd will be more than a year...

i be more than grateful if someone here willing to donate me some but i know its not gonna happen

i open long order at 152(forgot where i close but i loss about 22 dollar) then i open back short order at 149 and close it at 146 and gain about 21 dollar...

if i lose all my money i think the next time i will be trading will be next 2-3 years
Slow and Steady!
  • #5,264
  • Edited 2:22pm Aug 31, 2013 7:02am | Edited 2:22pm
A Big Salute to KOS and the other contributors for a wonderful thread.

Here is my take on the System , keep me in the pips always and gives me overall feel of the trend. The Chart is self explanatory. I usually trade 1hr and above.

The 3 I-XO-H are 1 hr, 4hr and daily. HAS Setting for 1 hr is 2.9.2.12.

1 hr trades are intra day, 4hr and daily are swing trades .

Trade with the daily trend, if daily shows Long, then my 1 hr and 4 hr trades are only Long and vice versa for short trades.

As of now, am using the T101 Basket trader v. 2.3 to manage the trades with different Magic Numbers for each timeframe.

Just started it last month and return is almost 300% till now. Started with 1000 USD Live account.

Please do not use the above as a reference as i trade with discretion apart from following the system to the core mechanically. I would be happy to make 25% every month and compound it annually.

the 300% was a personal challenge to myself to see how this system worked as per my understanding and my ideas. I dont intend to repeat that 300% . But boy, would that not be great to do it for 12 months consecutively . But as the capital grows so does your fears. Market is unpredictable, so be safe .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: #kos#14h1.jpg Size: 199 KB
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
Trend is your friend...
  • #5,265
  • Aug 31, 2013 8:37am Aug 31, 2013 8:37am
Hello Nisha4x.

Many thanks for your system.

Can you please share your indi and template and if you can also the indi for make the offline chart because i can not make the chart same as your?

Thanks for your help

Regards
  • #5,266
  • Aug 31, 2013 8:43am Aug 31, 2013 8:43am
Hi nisha!

Fantastic results!

One question...how did u modify the t101 to read 3 diferents !TlES??

I dont understand.

Thanks in advance!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #5,267
  • Aug 31, 2013 9:08am Aug 31, 2013 9:08am
Hi Nisha

I like what you did to the system.....

Just one thing, your statement chart starts at $300 and shows %1000 profit....

Green pips to you my friend..
  • #5,268
  • Aug 31, 2013 11:18am Aug 31, 2013 11:18am
Hi howa61 , all the indis are there on this thread, regarding the template, i will post it tommorrow as i am out at present. please read this thread again to see how to make the offlie chart, coz this method is only for experienced traders.



Quoting howa61
Hello Nisha4x. Many thanks for your system. Can you please share your indi and template and if you can also the indi for make the offline chart because i can not make the chart same as your? Thanks for your help Regards
Trend is your friend...
  • #5,269
  • Aug 31, 2013 11:21am Aug 31, 2013 11:21am
hi tnavi, been following your blog and also seeing ur replies here, great going . i have not done anything to make the t101 to read 3 ities, i wish if someone can do it. i trade this manually and use the t101 to manage the trades.

i just added 3 times the indicator and changed the settings.

Quoting tnavi
Hi nisha! Fantastic results! One question...how did u modify the t101 to read 3 diferents !TlES?? I dont understand. Thanks in advance!
Trend is your friend...
  • #5,270
  • Aug 31, 2013 11:32am Aug 31, 2013 11:32am
Quoting nisha4x
hi tnavi, been following your blog and also seeing ur replies here, great going . i have not done anything to make the t101 to read 3 ities, i wish if someone can do it. i trade this manually and use the t101 to manage the trades. i just added 3 times the indicator and changed the settings. {quote}
Hi nisha4x many thanks for your answer and waiting for your template.

As for the offline chart i need if is possible your indi basket because mine offline indi will appear on the chart "BKST14"
but your is "#kos#14" so i just want make sure is the same yours.

Thanks in advance

Regards
  • #5,271
  • Aug 31, 2013 11:34am Aug 31, 2013 11:34am
Quoting nisha4x
A Big Salute to KOS and the other contributors for a wonderful thread. Here is my take on the System , keep me in the pips always and gives me overall feel of the trend. The Chart is self explanatory. I usually trade 1hr and above. The 3 I-XO-H are 1 hr, 4hr and daily. HAS Setting for 1 hr is 2.9.2.12. 1 hr trades are intra day, 4hr and daily are swing trades . Trade with the daily trend, if daily shows Long, then my 1 hr and 4 hr trades are only Long and vice versa for short trades. As of now, am using the T101 Basket trader v. 2.3 to manage the...

Nisha4x,

I like what I see
Whaao! 300% in 4 weeks?

I like your ingenuity and creativity,
that is what am saying, pick the system up, turn it to your own, and make money.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #5,272
  • Aug 31, 2013 11:39am Aug 31, 2013 11:39am
Can you explain more on how you trade?

you trade H1 with H4, and H4 with D1.

or you wait for everything to agree? and what is the function of HAS in the setup?
within those 20 trading days how many basket trades did you make?


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #5,273
  • Aug 31, 2013 11:40am Aug 31, 2013 11:40am
hi george , thanks for the wonderful work u doing, appreciate it. actually, i started with 300 usd and added it, u can see this 2 blips , as i had planned to add total of 1000 usd. so the returns are not 1000%, would love to do that someday. but i feel atleast trading like tnavi on smaller timeframes and following the system will make money in the long run. just go to keep a eye like how Kos does will help in being in the trade.

my target every month is atleast 20% to 40% return risking only 1% of equity. so that makes it easy to bear consecutive losses during ranging periods.

If only traders realise that its profitable only on higher tine frames, trading lower time frames is not profitable except for few like tnavi who stick to a system and follow it.

Quoting Gvc
Hi Nisha I like what you did to the system..... Just one thing, your statement chart starts at $300 and shows %1000 profit.... Green pips to you my friend..
Trend is your friend...
  • #5,274
  • Aug 31, 2013 11:42am Aug 31, 2013 11:42am
Hi Kos, great to hear from you, you have shown the light, its for us to follow it without too many modifications.

Quoting Kosomolate
{quote} Nisha4x, I like what I see Whaao! 300% in 4 weeks? I like your ingenuity and creativity, that is what am saying, pick the system up, turn it to your own, and make money. kos
Trend is your friend...
  • #5,275
  • Aug 31, 2013 11:54am Aug 31, 2013 11:54am
Kos what i do is take 3 different trades on 1 hr, 4 hr and the daily. always taking trades in tune with D1 trend. if d1 is in long, then i look only for long trades on 1 hr and 4 hr. never try to do counter trend.

i keep the trades taken on 4 hr and daily till the trend changes on the daily . on the 1 hr, i close if the i-xo indi changes and wait again to enter as trend on 4hr and daily.

regarding has, i have kept it only to reconfirm with the 1hr i-xo indi, thats all.

i have not counted the number of baskets, but as of now, i have one basket short ax per daily , and rest all closed.

i did not take the 4 hr short as it was friday, would hav taken if it was any other day.




quote=Kosomolate;6931763]Can you explain more on how you trade? you trade H1 with H4, and H4 with D1. or you wait for everything to agree? and what is the function of HAS in the setup? within those 20 trading days how many basket trades did you make? kos[/quote]
Trend is your friend...
  • #5,276
  • Edited 3:34pm Aug 31, 2013 1:47pm | Edited 3:34pm
Hi nisha4x, Congrats on your fine results... If I understand correctly, you do not exit Long H4 trade when H4 XO signals Short while Daily XO remains Long? Is that so??
Vincit qui se vincit.
  • #5,277
  • Aug 31, 2013 1:56pm Aug 31, 2013 1:56pm
hi pip, usually if its weekday, i will keep the 4hr trade on if d1 still shows the same trend. my stop loss would be the previous swing high. but on fridays, i close my 4hr trades and only keep my d1 trades on. intraday i use 1h and use the daily trend to take trades. no counter trades or me unless its below 1 hr. but i prefer the longer durations, there are other stuff in life , not just trading. we cant control the market flow, we just to go with it. the sooner a trader realizes and uses less leverage and smaller trades so as to even bear 25 consecutive losses , then only can he or she be successful long time trader.


Quoting Pippopotamus
Hi nisha4x, Congrats on your fine results... You write that you keep the trades on H4, and Daily until the daily trend changes. Does that mean that you no not exit Long H4 trade when H4 XO signals Short while Daily XO remains Long?
Trend is your friend...
  • #5,278
  • Aug 31, 2013 2:12pm Aug 31, 2013 2:12pm
Just a foreword : minimum needed to trade kos system should be 500 usd and if traded higher timeframes and stick to the d1 trend, i am 100% sure you can at the minimum add 20-25% of equity each month, compound it for a year and u will then realise the power of trading higher time frames. this system cant be more mechanical , just pull the trigger. Fear only creeps in if you are either over leveraged or using higher risk. if you are taking trades and baby sitting them , then this system or forex is not for you.

I would recommend core 5 for newbies or someone with low capital. please do not trade 14 pairs with low capital.
Trend is your friend...
  • #5,279
  • Aug 31, 2013 2:30pm Aug 31, 2013 2:30pm
Quoting nisha4x
Just a foreword : minimum needed to trade kos system should be 500 usd and if traded higher timeframes and stick to the d1 trend, i am 100% sure you can at the minimum add 20-25% of equity each month, compound it for a year and u will then realise the power of trading higher time frames. this system cant be more mechanical , just pull the trigger. Fear only creeps in if you are either over leveraged or using higher risk. if you are taking trades and baby sitting them , then this system or forex is not for you. I would recommend core 5 for newbies...

hello Nisha4x, you donE A GREAT work with this system.
can you please help with the settings for the core 5 H1, H4 and Daily?
thank you
cut your losses short and let your profit run
  • #5,280
  • Aug 31, 2013 3:37pm Aug 31, 2013 3:37pm
can someone please give me core5 buy and sell scripts?
i have the ones which were provided by dryclean but aren't working however i tried.
please help
Faith with Action
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