Disliked{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...Ignored
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