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Still Basketting

  • #5,661
  • Sep 13, 2013 3:04am Sep 13, 2013 3:04am
Quoting omadivi
{quote} Very red pips!!!..its times like these that i understand the benefits of a FULL basket...my sell basket(Strong USD) is doing poorly...while the yen pairs are falling quite cheerfully..well, we learn everyday..
my basket turned green and is now hovering....i realize my entry may have been too early..HAS is red with price below it..but still not a confirmed sell basket...
the USD is still looking weak with strong signs of a reversal...going to give it some time... UJ has recovered from its low..pulled the other yen pairs up...if the USD gains i expect the UJ to test previous highs..time will tell..happy pips..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: kosh1.PNG Size: 60 KB
Click to Enlarge Name: usdindex.PNG Size: 63 KB
It is possible to make large sums trading, small losses, large wins
  • #5,662
  • Edited 3:24am Sep 13, 2013 3:04am | Edited 3:24am
sky, i have changed the 4920 xo to 3280 , and each broker has different open and close times and that messes up, u could demo with an of the uk brokers, it will be good.


Quoting skyline
{quote} Hi Nisha, there's something quite different in your chart from mine (I'm using Oanda demo), infact I see you have a clear short signal at 2013.09.12 18:00 , where all XO are red, I have instead D1 XO (setting is 4920, i guess like your) positive since past 2 Sept and never went red, this could lead to very different entry/exit, so there's a very strong broker dependancy trading in this way and result among traders could be very very different, for example following your trading system I wouldn't enter any short on 12 sept since my D1 XO...
Trend is your friend...
  • #5,663
  • Sep 13, 2013 3:13am Sep 13, 2013 3:13am
Quoting nisha4x
sky, i have changed the 4920 xo to 3820 , and each broker has different open and close times and that messes up, u could demo with an of the uk brokers, it will be good. {quote}
Nishaji

Is it not 3280?
Faith with Action
  • #5,664
  • Sep 13, 2013 3:16am Sep 13, 2013 3:16am
Quoting hinnavaru
I have just opened a demo account and am unable to get the buy and sell scripts to work. I am getting a '0 trades opened' message. My live accounts work fine but the demo account is not. Can anyone give me a clue as to what could be the problem, please?
Is the lot size you are using equals/above the minimum lot size allowed by the broker?
  • #5,665
  • Sep 13, 2013 3:25am Sep 13, 2013 3:25am
yes, its 3280 , was a typo, changed it.

Quoting hinnavaru
{quote} Nishaji Is it not 3280?
Trend is your friend...
  • #5,666
  • Sep 13, 2013 3:29am Sep 13, 2013 3:29am
Why i am not a fan of EA.

No matter what , discretion has to be used in trading, its vey difficult to program a robot to handle trading, those who are doing it successfully for a long time will vouch for this. A robot has to be taught support, resistance, fundamental triggers etc which is very hard.

I use the EA just to manage my trades, i enter manually the trades . I would not risk my live account on a EA.

I would only use a EA if its meets all my trade requirements, and after extensive testing to see if it prrforms as i want.

I am a trader want to be in control of the decisions i make and my risk level.
Trend is your friend...
  • #5,667
  • Sep 13, 2013 3:39am Sep 13, 2013 3:39am
Quoting bcmaggs
Hi all, I am playing around with XOProfitSingle v3 Shiftbar. I understand all the parameters that can be changed except for 3 of which I am unsure. Please correct me if I am wrong: Shiftbar = ? (Don't know exactly what this setting is) Spread = X (This should be the dollar amount of the total basket or single pair?) Pipsfactor = 10.0 (If you have a 5 digit broker and 1.0 if you have a 4 digit broker?) Thanks for the help in advance. Regards Brendon
Shiftbar how many bars it need to paint to confirm new trend - leave it at 1.

Pips factor = adjust accordingly if you broker reports 1000 pips when it should be 100 adjust accordingly


Spread = how much spread you are paying for a whole basket -it subtracts it off the profit for each closed signal.
  • #5,668
  • Sep 13, 2013 4:32am Sep 13, 2013 4:32am
Quoting nisha4x
sky, i have changed the 4920 xo to 3280 , and each broker has different open and close times and that messes up, u could demo with an of the uk brokers, it will be good. {quote}

oh ok now it's quite similar to your chart , thx
  • #5,669
  • Sep 13, 2013 4:50am Sep 13, 2013 4:50am
EA question..

I've been doing this manually for awhile, and its time to switch to automatic. First of all i want to get a hang of how the setup works on a demo account.
i have attached screen shots, i am testing tnavi's setup...does the reading 44/100 have to get to 100/100 before trades are taken?
anything else i might be missing? i would really appreciate some input..

i think i have to change the TLEused? Just saw that option on the EA, yeah?
Attached Image (click to enlarge)
Click to Enlarge Name: ea.PNG Size: 70 KB
Attached Image
It is possible to make large sums trading, small losses, large wins
  • #5,670
  • Sep 13, 2013 4:50am Sep 13, 2013 4:50am
Quoting danjuma
{quote} Is the lot size you are using equals/above the minimum lot size allowed by the broker?
the lotsize was 0.01. Do not know what the problem is?
Faith with Action
  • #5,671
  • Sep 13, 2013 5:07am Sep 13, 2013 5:07am
Quoting omadivi
EA question.. I've been doing this manually for awhile, and its time to switch to automatic. First of all i want to get a hang of how the setup works on a demo account. i have attached screen shots, i am testing tnavi's setup...does the reading 44/100 have to get to 100/100 before trades are taken? anything else i might be missing? i would really appreciate some input.. i think i have to change the TLEused? Just saw that option on the EA, yeah? {image} {image}

Found all the relevant posts....
It is possible to make large sums trading, small losses, large wins
  • #5,672
  • Sep 13, 2013 5:18am Sep 13, 2013 5:18am
Quoting omadivi
EA question.. I've been doing this manually for awhile, and its time to switch to automatic. First of all i want to get a hang of how the setup works on a demo account. i have attached screen shots, i am testing tnavi's setup...does the reading 44/100 have to get to 100/100 before trades are taken? anything else i might be missing? i would really appreciate some input.. i think i have to change the TLEused? Just saw that option on the EA, yeah? {image} {image}
Hoi omadivi
If I understand you and see you chart
you first must change your HAS TLE in the EA to the !TLE_ICHI_MA_KOS (3) by benwillius
it closes and takes trades when ema2 has left the ICHI Cloud border.
Make sure that the you edit this TLE before that it takes trades on EMA not on SSMA.

I',m afraid can not post a reedited TLE from this computer. but EMA instead of SSMA is crucial when aproaching Ranging Times!!
Its as semiautomatic trading as you exit manually.

seller9 made also a version of M15BaskettraderEA this one can exit trades by crossing Trendlines but I did not yet tested it myself. but I'm eager to.
  • #5,673
  • Sep 13, 2013 5:41am Sep 13, 2013 5:41am
Quoting manuel_fx
{quote} Shiftbar how many bars it need to paint to confirm new trend - leave it at 1. Pips factor = adjust accordingly if you broker reports 1000 pips when it should be 100 adjust accordingly Spread = how much spread you are paying for a whole basket -it subtracts it off the profit for each closed signal.
Hi Manual

Thanks for the reply. The spread, is it in pips or dollars? How are you doing with your renko basket charts?

Thanks
  • #5,674
  • Sep 13, 2013 5:41am Sep 13, 2013 5:41am
This will help save having the conversation "what is your box size?" on posted charts

it just adds box size to indicator details

Attached File(s)
File Type: mq4 I_XO_A_H v2.mq4   3 KB | 507 downloads
Attached Image (click to enlarge)
Click to Enlarge Name: kos-14-h1-rpd-fx.png Size: 41 KB
  • #5,675
  • Sep 13, 2013 5:42am Sep 13, 2013 5:42am
Quoting nisha4x
Why i am not a fan of EA. No matter what , discretion has to be used in trading, its vey difficult to program a robot to handle trading, those who are doing it successfully.........
Trading the basket by EA is not fully automated. Most of us use it to pick up the orders at the right entry condition. There after it is followed through manually to exit. I disable the auto trading option in the EA such that it gives me an alert about the possible entry. I just check it out and decide the entry. If I have to move away from the system then it is set to pick up the orders. Even if you are not with the system the orders are there at the right place. Early basket trading days I used to miss many entry opportunities. The EA now takes care of my entries. Try it out, it will reduce lot of time during the entry. For example last few days have been really boring to watch the market for direction. I have made the set ups, one in M15 and one in H1 chart. When the market moves in any direction the orders will be there.

Fx...
  • #5,676
  • Sep 13, 2013 5:44am Sep 13, 2013 5:44am
Quoting manuel_fx
This will help save having the conversation "what is your box size?" on posted charts it just adds box size to indicator details {file} {image}
Thanks buddy. Very useful.

Fx...
  • #5,677
  • Sep 13, 2013 5:47am Sep 13, 2013 5:47am
Quoting eisebatti
{quote} Hoi omadivi If I understand you and see you chart you first must change your HAS TLE in the EA to the !TLE_ICHI_MA_KOS (3) by benwillius it closes and takes trades when ema2 has left the ICHI Cloud border. Make sure that the you edit this TLE before that it takes trades on EMA not on SSMA. I',m afraid can not post a reedited TLE from this computer. but EMA instead of SSMA is crucial when aproaching Ranging Times!! Its as semiautomatic trading as you exit manually. seller9 made also a version of M15BaskettraderEA this one can exit trades...

thanks eisebatti,
didnt know about the seller9 version..thanks..

phenomenal work Gvc!!..great stuff..got the EA working, looking at the code, i can modify the basketv6 to specify my pairs and edit the !TLE files to choose my entry method...thanks again...
It is possible to make large sums trading, small losses, large wins
  • #5,678
  • Sep 13, 2013 5:48am Sep 13, 2013 5:48am
yes, i will try doing this, i have setup a vps just for this as i use ipad and dont have a comp at home, i have all the ibis and tle set, will do it in the weekend and manage the trades after they ar taken from the ea.



Quoting Fx-optimus
{quote} Trading the basket by EA is not fully automated. Most of us use it to pick up the orders at the right entry condition. There after it is followed through manually to exit. I disable the auto trading option in the EA such that it gives me an alert about the possible entry. I just check it out and decide the entry. If I have to move away from the system then it is set to pick up the orders. Even if you are not with the system the orders are there at the right place. Early basket trading days I used to miss many entry opportunities. The EA...
Trend is your friend...
  • #5,679
  • Sep 13, 2013 6:00am Sep 13, 2013 6:00am
Quoting bcmaggs
{quote} Hi Manual Thanks for the reply. The spread, is it in pips or dollars? How are you doing with your renko basket charts? Thanks
its the same units as whats reported on the calculation


Renko basket? Still some issues to iron out, my aim to fully automate it with the EA.

Choppy renko is a problem it make 1200 pips in a few hours and then loses it all in 24 hours on a choppy day because of spread costs mainly...

Using a MA or HA_smoothed seems to helping a bit...

I will post it once i have it working as it should.
  • #5,680
  • Sep 13, 2013 6:01am Sep 13, 2013 6:01am
Quoting manuel_fx
This will help save having the conversation "what is your box size?" on posted charts it just adds box size to indicator details {file} {image}
super yessss its just fine that way. just deleted the v1.1
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