Easy Basket Trading on Higher Time Frame (KOS System) | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Basket Knights - A Basket Trading Round Table 1,313 replies

Time Frame Vs Personality, Which to choose as Main Time Frame? Who Are You? 10 replies

Multiple Time Frame Trading: In a divergence, which frame dictates? 6 replies

Time frame and Enter/Exit, Time frame and S/L, T/P relationships. 91 replies

Question on Lower Time Frame Indicators Vs. Longer Time Frame 7 replies

Attachments: Easy Basket Trading on Higher Time Frame (KOS System)
Exit Attachments

Easy Basket Trading on Higher Time Frame (KOS System)

  • #41
  • Edited 1:27am Sep 11, 2013 12:58am | Edited 1:27am
thanks nisha....
1)kos1h/15m offline charts shows different reading at any given time....e.g.185/172....is it normal or my setting is wrong??!
2)when one set of ordrers is running, not able to open an another set using the buy /sell all script
Attached Image (click to enlarge)
Click to Enlarge Name: #kos#14m15.png Size: 27 KB
Attached Image
learn and earn from the ups and downs...of life.
  • #42
  • Sep 12, 2013 4:32pm Sep 12, 2013 4:32pm
Hi nisha4x, just stumbled on your thread. Just wondering how you go about working out the best/optimum settings for your IXOs. I am trying to work out the settings for the core5 on H1, H4 and D1. Many thanks
  • #43
  • Sep 12, 2013 8:24pm Sep 12, 2013 8:24pm
Quoting nisha4x
Latest Edited on 7th Sep 2013 Due to change in D1 setting for Optimal setups. Both 4920 and 3280 are good. A Big Salute to KOS and the other contributors for a wonderful system. Please note this system is only for experienced users and if any questions about basket trading, kindly search on the forum. You need to
The first of first: Thank you for your kindly share your mothod, Nisha4x!

I edited 14 Pair HAS.mq4 made it fit Core 5 Basket used and share it here for someone trades Core 5 Basket fellow.

Thank to Nisha4x again!

All the best
Attached Image
Attached File(s)
File Type: mq4 5 Pair HAS.mq4   6 KB | 600 downloads
  • #44
  • Sep 13, 2013 1:33am Sep 13, 2013 1:33am
Hi nisha , thank you for opening this thread !
What I don't understand from your chart in first post is when and how do you manage exit, it seems clear the entry point (when all XO are blue with HAS blue), but it's not so clear how you count all those pips in that chart (around 7000 pips in 45 days).

Maybe when H1 HAS turn , you bail out and close the current basket ?

Or are you applying a sort of stop and reverse tactic ? Refering to your example you entered long on 2013.7.15 21:05 then close all at 2013.7.26 16:00 and at the same time opened a short basket and so on and so forth... ?

Thank you

Regards,
Skyline
  • #45
  • Sep 13, 2013 3:38am Sep 13, 2013 3:38am
Its a combination of HAS and XO plus support and resistance . some trades are reversed if all the indis point tiwards a change inntrend. Also i enter multiple baskrts in direction of the 3280 trend.

Quoting skyline
Hi nisha , thank you for opening this thread ! What I don't understand from your chart in first post is when and how do you manage exit, it seems clear the entry point (when all XO are blue with HAS blue), but it's not so clear how you count all those pips in that chart (around 7000 pips in 45 days). Maybe when H1 HAS turn , you bail out and close the current basket ? Or are you applying a sort of stop and reverse tactic ? Refering to your example you entered long on 2013.7.15 21:05 then close all at 2013.7.26 16:00 and at the same time opened a...
Trend is your friend...
  • #46
  • Edited 4:46am Sep 13, 2013 4:31am | Edited 4:46am
gogonkt...thanks for the 5has...good one
how about for the popular 8 pairs used in t101 method...also popup/email alert when the trend changes possible??
Attached File(s)
File Type: ex4 TradeHedgeBUY_8Pair.ex4   4 KB | 392 downloads
File Type: mq4 TradeHedgeBUY_8Pair.mq4   3 KB | 413 downloads
File Type: ex4 TradeHedgeSELL_8Pair.ex4   4 KB | 401 downloads
File Type: mq4 TradeHedgeSELL_8Pair.mq4   3 KB | 411 downloads
learn and earn from the ups and downs...of life.
  • #47
  • Sep 13, 2013 4:43am Sep 13, 2013 4:43am
there is already a 5 PAIR HAS in the stilk basketing threas, anyway thanks for the same.

Quoting gogonkt
{quote} The first of first: Thank you for your kindly share your mothod, Nisha4x! I edited 14 Pair HAS.mq4 made it fit Core 5 Basket used and share it here for someone trades Core 5 Basket fellow. Thank to Nisha4x again! All the best {image} {file}
Trend is your friend...
  • #48
  • Sep 20, 2013 7:43pm Sep 20, 2013 7:43pm
Hi, Can you explain the entry exit rules of the TLE "!TLE_2TF_XO_HAS" that you are testing with GVC.

Fx...
  • #49
  • Sep 21, 2013 1:09am Sep 21, 2013 1:09am
It had some bugs which are being ironed out, sometimes trades are taken and sometimes not, testing this on 1 min to see if it meets the logic we need.

I wanted the entry to be like below

1. For Long Entry - HAS is Already in Green , XO2 is already green and XO 1 changes from red to green. Take this Entry.

2. For Long Entry - HAS changed to green, XO1 and XO2 are already green. Take this entry.

3. For Long Entry - HAS already in Green, XO1 is already in Green , XO2 changes from red to green. Take this Entry.

Vice Versa for Shorts.

Exits are to be managed by the trader or specified if he wants to exit on HAS change , or XO1 or XO2 change of color, We need to mention this in the TLE which exit we need and use that TLE .

this is where we need to iron out the chinks. I have sent this to GVC, to see if it can be programmed in the TLE this way.

So till its tested correctly with the logic, i feel we should not release it.




Quoting Fx-optimus
Hi, Can you explain the entry exit rules of the TLE "!TLE_2TF_XO_HAS" that you are testing with GVC. Fx...
Trend is your friend...
  • #50
  • Sep 22, 2013 1:08pm Sep 22, 2013 1:08pm
Hi Nisha4x, All,

Have been investigating this strategy and the Basketv6 and I XO indies. Regarding Basketv6, I have not seen any experiment on creating the offline chart based on the sums of the individual pairs using std HA C,L,H,C instead of raw C,L,H,O. I can see where the HA smoothing on the individual pairs prior to the offline basket chart might give a better basket chart for the subesqent HA-Smooth, I XO calcs.

If this has already been done or deemed a bad idea, then I understand. Otherwise, I can easily convert Basketv6 to a HA_Basketv6 ( v8 ) if you deem it a possible good idea.

I have extensive experience coding offline charts for Renko, RangeBars, Mean Renko, etc., and could also create same for any basket set combination in the same Chart Generating EA. A Renko representation eliminates the time domain from the chart leaving a more clear price action representation of the basket.

If this is water under the bridge or not deemed appropriate, then I apologize for the cluttering up the thread.

Regards,

KingHigh
  • #51
  • Sep 22, 2013 1:28pm Sep 22, 2013 1:28pm
Hi king
i have not much experience on ofline charts, so if you can do anything to make it better, it is most welcome. Just make sure that it will be easy to useand setup. The experienced people of basket trading can be found in STILL BASKETTING thread. you can chk there if such thing has been done or tried before.
Quoting KingHigh
Hi Nisha4x, All, Have been investigating this strategy and the Basketv6 and I XO indies. Regarding Basketv6, I have not seen any experiment on creating the offline chart based on the sums of the individual pairs using std HA C,L,H,C instead of raw C,L,H,O. I can see where the HA smoothing on the individual pairs prior to the offline basket chart might give a better basket chart for the subesqent HA-Smooth, I XO calcs. If this has already been done or deemed a bad idea, then I understand. Otherwise, I can easily convert Basketv6 to a HA_Basketv6...
Trend is your friend...
  • #52
  • Sep 23, 2013 12:19am Sep 23, 2013 12:19am
Hi Nisha,
i would like to add one similar basket trading system. i think it is edited version. try and reply..........
Attached File(s)
File Type: ex4 BT_14_v2nb.ex4   85 KB | 526 downloads
Attached File(s)
File Type: ex4 Basket_Multi_indy_ET.ex4   13 KB | 521 downloads
Attached File(s)
File Type: ex4 Heiken_Ashi_Smoothed_ET.ex4   4 KB | 480 downloads
Attached File(s)
File Type: ex4 I_XO_A_H.ex4   3 KB | 522 downloads
Attached File(s)
File Type: tpl bt_14_v2nb_h1_5p.tpl   16 KB | 531 downloads
Attached File(s)
File Type: tpl bt_14_v2nb_h1_14p.tpl   20 KB | 520 downloads
Attached File(s)
File Type: tpl uj_h1_5p.tpl   1 KB | 529 downloads
Attached File(s)
File Type: tpl uj_h1_14p.tpl   1 KB | 571 downloads


1'st is EA and other are Indicators alog with Templates
in next post its word file must read......
  • #53
  • Sep 23, 2013 12:42am Sep 23, 2013 12:42am
Getting Started above Basket Trading System word pdf file....
sorry to post in parts coz i have limited
Attached File(s)
File Type: pdf Getting Started BT_14_v2nb 1-2.pdf   157 KB | 853 downloads
Attached File(s)
File Type: pdf Getting Started BT_14_v2nb 3.pdf   273 KB | 783 downloads
Attached Image (click to enlarge)
Click to Enlarge Name: Getting strted page no 4.png Size: 118 KB
Attached File(s)
File Type: pdf Getting Started BT_14_v2nb 5-6.pdf   253 KB | 695 downloads
Attached File(s)
File Type: pdf Getting Started BT_14_v2nb 7.pdf   281 KB | 737 downloads
Attached File(s)
File Type: pdf Getting Started BT_14_v2nb 8.pdf   182 KB | 659 downloads
Attached File(s)
File Type: pdf Getting Started BT_14_v2nb 9-10.pdf   115 KB | 666 downloads
Attached File(s)
File Type: pdf Getting Started BT_14_v2nb 11-13.pdf   77 KB | 760 downloads
upload limit
  • #54
  • Sep 23, 2013 4:06am Sep 23, 2013 4:06am
Testing EA from Seller for trade conditions as per my system. 3 type of trade entries possible. Check out his thread for more options. I am just customizing and testing as per my requirements.

http://www.forexfactory.com/showthread.php?t=446654

1) HAS (user settable settings) color change will be the initial trigger for a possible trade, this trigger is only present for 1 candle, the confirming candle after the HAS cross.
2) Entry Rule 1: IXO1 (user settable settings) will be the confirming signal to place a trade when the HAS signals. A closed candle in the same direction as the HAS cross must be present. If IXO1 is the only confirming signal a fixed Take Profit will be used for this trade entry (user settable, 200 pips for a 14 pair basket).
3) Entry Rule 2: IXO2 (user settable settings) will be a second confirming signal when the HAS and IXO1 are confirmed signals, both IXO1 and IXO2 signals must be present when the HAS signals a HAS cross. There is no fixed Take profit for this type of trade, the IXO1 reversal will be used to exit if it is selected in the EA properties, or you can always add a TP or SL after the trade is active by using the Hot Keys or set a fixed value in the EA properties.
4) Entry Rule 3: If by chance you get stopped out of a Entry 1 trade and the HAS and IXO1 are both the same color and IXO2 crosses in the same direction as HAS and IXO1 then you will get what I call a re-entry trade when IXO2 changes color to match HAS and IXO1, this is a fresh IXO2 cross, good for 1 confirmed candle only.
Attached Image (click to enlarge)
Click to Enlarge Name: seller-ea.png Size: 49 KB
Trend is your friend...
  • #55
  • Sep 27, 2013 8:06pm Sep 27, 2013 8:06pm
Quoting nisha4x
It had some bugs which are being ironed out, sometimes trades are taken and sometimes not, testing this on 1 min to see if it meets the logic we need. I wanted the entry to be like below .......... {quote}
Hi,

You must have been testing this TLE as also Sellers9 EA/TLE. Can you please confirm if they are picking up orders as per your entry rules. Also please let me know which one is better, GVC's or Sellers9's. I want to test them next week and go live there after.

Fx...
  • #56
  • Sep 27, 2013 11:55pm Sep 27, 2013 11:55pm
HI FX

I have not tried out sellers EA as there were some issues in the VPS, i will put it on a a/c this week and see . I have tried out various combination of TLE from GVC and some were not working as per my logic and then we modified to use only XO and not use HAS as a filter as it was giving late entries. So i am presently using 2 xo TLE from GVC which is perfect in taking entries and exits on change of XO color. I have asked GVC to incorporate which XO i want to choose to use as EXIT as presently it will exit only on change of both XO and not a single one. Once we have sorted that out, will ask GVC to post it for others to test also.

I like Semi Automation. so want to be in control of my trades.so this TLE meets my requirements. I will start using this TLE and the HAS TLE for my trades .

Quoting Fx-optimus
{quote} Hi, You must have been testing this TLE as also Sellers9 EA/TLE. Can you please confirm if they are picking up orders as per your entry rules. Also please let me know which one is better, GVC's or Sellers9's. I want to test them next week and go live there after. Fx...
Trend is your friend...
  • #57
  • Sep 28, 2013 2:19am Sep 28, 2013 2:19am
Quoting nisha4x
HI FX I have not tried out sellers EA as there were some issues in the VPS, i will put it on a a/c this week and see . I have tried out various combination of TLE from GVC and some were not working as per my logic and then we modified to use only XO and not use HAS as a filter as it was giving late entries. So i am presently using 2 xo TLE from GVC which is perfect in taking entries and exits on change of XO color. I have asked GVC to incorporate which XO i want to choose to use as EXIT as presently it will exit only on change of both XO and not...
Your response above is in line with my observations. According to me the TLEs are good for making the entries as we can not watch the market tick by tick. As and when the entry condition meets I expect the TLE to pick up orders. There after the trade is in my control for exit as you have been doing manually using the T101 ea. This I require as I miss many entries due to emotional problems. After lot of manual back testing I narrowed down to 2TF HAS and 2TF XO TLEs. I have the 2TF HAS, if the 2TF XO is working fine please post it to test next week.

Also I have decided to trade the CAD and AUD baskets. With these two and the basket 14 we can cover most of the currency pairs traded.

FxOptimus
  • #58
  • Sep 28, 2013 2:52am Sep 28, 2013 2:52am
Hi FX, what you have stated is correct, specially for 1hr and higher timeframes, we need automated entries as per logic, once that is taken,we can manage the risk levels .

I will surely post the 2tf XO next week once i fine tune with GVC regarding which XO it should take to exit, this will make it almost 100% mechanical system, no emotions, just set the Sl and TP and take the ride.

I am comfortable with the 14 pair basket and will look to add YEN , AUD Baskets from Next year. I want to be 100% perfect in the 14 pair before i intend to start with other baskets. As as now, i have decided to trade maximum of 3 baskets at any given time i.e 925 XO for intraday targets of 500 pips, 3280 XO entry till XO changes and 4920 for swing trading till it changes color.

Quoting Fx-optimus
{quote} Your response above is in line with my observations. According to me the TLEs are good for making the entries as we can not watch the market tick by tick. As and when the entry condition meets I expect the TLE to pick up orders. There after the trade is in my control for exit as you have been doing manually using the T101 ea. This I require as I miss many entries due to emotional problems. After lot of manual back testing I narrowed down to 2TF HAS and 2TF XO TLEs. I have the 2TF HAS, if the 2TF XO is working fine please post it to test...
Trend is your friend...
  • #59
  • Edited 11:49pm Sep 29, 2013 11:36pm | Edited 11:49pm
Quoting nisha4x
Hi FX, what you have stated is correct, specially for 1hr and higher timeframes, we need automated entries as per logic, once that is taken,we can manage the risk levels . I will surely post the 2tf XO next week once i fine tune with GVC regarding which XO it should take to exit, this will make it almost 100% mechanical system, no emotions, just set the Sl and TP and take the ride. I am comfortable with the 14 pair basket and will look to add YEN , AUD Baskets from Next year. I want to be 100% perfect in the 14 pair before i intend to start with...
Hi Nisha,

So you use the T101 EA to manage your SL, TP, move to BE, etc? Do you apply the TLE to the T101 EA or use strictly the EA? I'm trying to get the hang of it but I'm having a tough time configuring it properly.
  • #60
  • Sep 30, 2013 12:55am Sep 30, 2013 12:55am
I dont use much of its features, i use it mainly to manage my SL and TP which i can move by mouse. Other than that i have not used it much. Check in the Still Basketting thread for a pdf on this EA, will be helpful.


Quoting bonkers
{quote} Hi Nisha, So you use the T101 EA to manage your SL, TP, move to BE, etc? Do you apply the TLE to the T101 EA or use strictly the EA? I'm trying to get the hang of it but I'm having a tough time configuring it properly.
Trend is your friend...
0 traders viewing now