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Basket Trading EA

  • #241
  • Sep 21, 2013 7:43pm Sep 21, 2013 7:43pm
Quoting Bomi
{quote} Hi Seller9, Thank you for the new EA with new features and the efforts that you are putting for everyone. Appriciate your help. I have opened your Zip file and notice that Core -14 pairs basket has 14 different currencies, Core-5 pairs which is also included in core-14 pairs. My question is Basket #1 - CADJPY; Basket #2 GBPCHF, AUDCHF, CADCHF & NZDCHF; BASKET #3 -EURGBP, EURAUD, EURCAD & EURNZD why these pairs are not included in Core-14 pairs or Core-5 pairs? Since you have put these 3-baskets in the Indicator, these pairs should be included...
If those pairs were included they would no longer be a 14 or 5 pair basket.

The Core5 basket is a descendant of the Core14 basket, it was found that it tracks almost the same as the Core14, so by using it rather than the Core14 you can save on the spread cost and all you have to do is increase your lot size on Core5 and you will make the same profit as Core14.

You can create any basket you want from 2 to 14 pairs, the Core5 and Core14 shown are those that have been used and tested by other traders and have been found to be profitable. When you create any basket you must then experiment with finding the right combination of HAS and IXO settings, these will vary from basket to basket and also from Broker to Broker.

If you have a different basket combination that works for you, please post it for the other traders to also test.

You probably know this but the idea of trading a basket is like trading a stock index or ETF, some stocks go up and some go down in the idex or ETF, but the total end result is a hopefully profit. If you use pairs that always move in the same direction together in your basket, you may just as well trade just one of those pairs to save on the spread etc.

Good Luck
  • #242
  • Sep 21, 2013 8:25pm Sep 21, 2013 8:25pm
One thing you may want to do before trying new settings and having to wait a month is place the indicators on a offline chart with the settings you want to try and then go back a couple months and record every trade that would have taken place with those settings, this should show you if you are on the right track or not rather than waiting for the EA to tell you, thats what I did in the following example, even these settings could probably be tweaked a bit.

Using the following EA setup for a 14 pair basket (Hands Off) here are the trades that should have taken place starting on 7.25 0:00.

H1 HAS = 2-12-2-20

IXO1 = 2260

IXO2 = 3590

Use IXO1 as exit for all trades

Use TP of 300 pips for trades taken with Entry Rule 1.


+300 pips, +1055 pips, +300 pips, -405 pips, +846 Pips, +300 pips, -470 pips, +621 pips, +300 pips and +1150.


Totals = +4872 pips -875 pips


Total pip gain = +3997 pips since 7.25 0:00


  • #243
  • Sep 21, 2013 11:35pm Sep 21, 2013 11:35pm
Seller9,

Thanks for good work, I've try to start different pairs Basket but I don't know how to select the pairs in the indicator. What should I do in the column of Pairsuffix. let say I want to trade JPY group. Thanks for your help.
  • #244
  • Sep 21, 2013 11:59pm Sep 21, 2013 11:59pm
Seller

What should I do as an image attached
Attached Image (click to enlarge)
Click to Enlarge Name: jpy.jpg Size: 89 KB
  • #245
  • Sep 22, 2013 3:26am Sep 22, 2013 3:26am
Hello Seller have you any idea how to put down the CPU,because in my PC the cpu for the MT4 with you EA is constantly more then 50 %

Thanks

Regards
  • #246
  • Sep 22, 2013 3:36am Sep 22, 2013 3:36am
Quoting seller9
One thing you may want to do before trying new settings and having to wait a month is place the indicators on a offline chart with the settings you want to try and then go back a couple months and record every trade that would have taken place with those settings, this should show you if you are on the right track or not rather than waiting for the EA to tell you, thats what I did in the following example, even these settings could probably be tweaked a bit. Using the following EA setup for a 14 pair basket (Hands Off) here are the trades that should...

Hello Seller thanks for the info. It would be possible to share the EA template for the setting above so we have to change only the magic number and we do not make any mistake?

Thanks in advance
  • #247
  • Sep 22, 2013 4:06am Sep 22, 2013 4:06am
using 2 instances of the EA on VPS and CPU usage is right now at 16%, got to see once market opens. works fine for me thou.

Quoting howa61
Hello Seller have you any idea how to put down the CPU,because in my PC the cpu for the MT4 with you EA is constantly more then 50 % Thanks Regards
Attached Image (click to enlarge)
Click to Enlarge Name: sellerea.png Size: 132 KB
Trend is your friend...
  • #248
  • Sep 22, 2013 8:28am Sep 22, 2013 8:28am
Quoting seller9
{quote} If those pairs were included they would no longer be a 14 or 5 pair basket. The Core5 basket is a descendant of the Core14 basket, it was found that it tracks almost the same as the Core14, so by using it rather than the Core14 you can save on the spread cost and all you have to do is increase your lot size on Core5 and you will make the same profit as Core14. You can create any basket you want from 2 to 14 pairs, the Core5 and Core14 shown are those that have been used and tested by other traders and have been found to be profitable. When...
Hi Seller9,

Thank you very much for your detail explanation. Appreciate - Yesterday I have loaded everything as per your instructions. Seems working fine. Still not live bez market is not open. below is my chart and it is not showing arrow red and green on the screen. I have loaded your 14-tmp. Can you please explain Magic # - IX01 & IX02 setting bez Nish4 setting is different for H1 then ours. Just want to understand. God bless.
Attached Image (click to enlarge)
Click to Enlarge Name: #bt#14h1.png Size: 49 KB
  • #249
  • Sep 22, 2013 8:31am Sep 22, 2013 8:31am
Hi I am using my own settings for IX01 and IX02 and for HAS, just trying my own which has worked for me before.

Quoting Bomi
{quote} Hi Seller9, Thank you very much for your detail explanation. Appreciate - Yesterday I have loaded everything as per your instructions. Seems working fine. Still not live bez market is not open. below is my chart and it is not showing arrow red and green on the screen. I have loaded your 14-tmp. Can you please explain Magic # - IX01 & IX02 setting bez Nish4 setting is different for H1 then ours. Just want to understand. God bless. {image}
Trend is your friend...
  • #250
  • Sep 22, 2013 9:02am Sep 22, 2013 9:02am
Quoting nisha4x
Hi I am using my own settings for IX01 and IX02 and for HAS, just trying my own which has worked for me before. {quote}
Hi N4,

I just want to understand the settings which u r using and how it works for you. I know u r using this Basket trading since long time and you have good knowledge about it, that's why I want to learn from you. Anyway thanks for the reply.
  • #251
  • Sep 22, 2013 11:22am Sep 22, 2013 11:22am
Quoting izzanaf
Seller What should I do as an image attached{image}
If your Broker has a pair suffix, this is where you put it, if not, leave it blank, do not add it to each pair.
  • #252
  • Sep 22, 2013 11:28am Sep 22, 2013 11:28am
Quoting Bomi
{quote} Hi Seller9, Thank you very much for your detail explanation. Appreciate - Yesterday I have loaded everything as per your instructions. Seems working fine. Still not live bez market is not open. below is my chart and it is not showing arrow red and green on the screen. I have loaded your 14-tmp. Can you please explain Magic # - IX01 & IX02 setting bez Nish4 setting is different for H1 then ours. Just want to understand. God bless. {image}
You must have put the EA on an active trade that it did not take so it does not know where the green or red arrows or yellow line should be.

If this is a demo account I would close all trades when the market opens and restart everything and let the EA start from scratch.

Everyone may use different settings, the templates included are just a starting point, try these first.
  • #253
  • Sep 22, 2013 11:37am Sep 22, 2013 11:37am
Hello guys.

I have been reading about this interesting and creative approach for trading the markets. In my sight is the goal to apply this strategy, but before I read the whole thread and absorb all the information available, a simple question comes to my mind;

¿Could it be possible to form, for example, a currency focused basket? ¿Would it be profitable?

I'll explain. Let's think for example a NZD basket. In order to profit from NZD trends, we could form a NZDUSD, NZDJPY and EURNZD (inversed) and GBPNZD (inversed), so we would have a sort of NZD index. In this way, we can succesfully reduce the noise of these pairs due to USD, JPY, EUR and GBP influence. As you all know, pairs behaviour are influenced by both currencies moves, so even a NZD strenghten could be mitigated by GBP strength as well. This way, we could diversify and focus on NZD trend.

This could be done also for any other currency, such as JPY, and profit from longer term trends driven by fundamental reasons, such as Bank of Japan monetary easing, and so on.

Thanks a lot to seller9's hard work and all other's; looking forward to contribute the thread as much as you have.

Cheers!!
  • #254
  • Sep 22, 2013 12:05pm Sep 22, 2013 12:05pm
To help cut down on the cpu usage I have made a minor code change to help, it may affect the Hot Key response so you may need to hit them more than once at times.

Give this a try and see if it helps, it looks like it should. I will change the version number if it works for you so we can tell them apart.

I will also replace the one in the zip folder on the first page.

Attached File(s)
File Type: ex4 BT_14_v2nb.ex4   85 KB | 1,310 downloads
  • #255
  • Sep 22, 2013 4:47pm Sep 22, 2013 4:47pm
Quoting seller9
{quote} You must have put the EA on an active trade that it did not take so it does not know where the green or red arrows or yellow line should be. If this is a demo account I would close all trades when the market opens and restart everything and let the EA start from scratch. Everyone may use different settings, the templates included are just a starting point, try these first.
Thanks Bro.....
  • #256
  • Sep 22, 2013 7:22pm Sep 22, 2013 7:22pm
Quoting seller9
{quote} If your Broker has a pair suffix, this is where you put it, if not, leave it blank, do not add it to each pair.
HI seller9,

So how to select pair that we want to trade? let say I want to trade JPY group, can you illustrate it by an image?.
Sorry Im not very familiar with EA setting. Thanks
  • #257
  • Sep 22, 2013 7:28pm Sep 22, 2013 7:28pm
Hello Seller9,

I'd like to see the code behind this EA. Could I please receive the source code.
  • #258
  • Sep 22, 2013 11:18pm Sep 22, 2013 11:18pm
Quoting seller9
To help cut down on the cpu usage I have made a minor code change to help, it may affect the Hot Key response so you may need to hit them more than once at times. Give this a try and see if it helps, it looks like it should. I will change the version number if it works for you so we can tell them apart. I will also replace the one in the zip folder on the first page. {file}

Hello Seller.

I try to delete totally the indi so the chart dont have any indi test....but the cpu is still high..so i think do not depend to that indi but something else.

Thanks for your help

Regards
  • #259
  • Sep 23, 2013 2:28am Sep 23, 2013 2:28am
Quoting seller9
To help cut down on the cpu usage I have made a minor code change to help, it may affect the Hot Key response so you may need to hit them more than once at times. Give this a try and see if it helps, it looks like it should. I will change the version number if it works for you so we can tell them apart. I will also replace the one in the zip folder on the first page. {file}
This new version seems to be much kinder on the CPU.
  • #260
  • Sep 23, 2013 3:21am Sep 23, 2013 3:21am
CPU usage seems to be fixed only on 20% now
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