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Basket Trading EA

  • #441
  • Oct 1, 2013 5:23pm Oct 1, 2013 5:23pm
Quoting bonkers
{quote} Make sure that the Uj_1hr_14p or Uj_1hr_5p template is attached to the 1m chart. Restart MT4 and try to open offline chart again.
Hey thanks mate, yes did that and was able to find the offline indi generator.

Another slight problem, correct me if i'm wrong, shouldn't the offline chart price action automatically update like normal chart? If yes then what might be the problem the offline chart basket price action is not moving at all?
  • #442
  • Oct 1, 2013 6:02pm Oct 1, 2013 6:02pm
Mannafx,
Don't forget about the EA. It's my understanding this is added to the offline chart.
Ron
  • #443
  • Oct 1, 2013 6:05pm Oct 1, 2013 6:05pm
yes mannafx the offline chart should update continuously like a normal chart. try a restart of your mt4 terminal

Quoting Mannafx
{quote} Hey thanks mate, yes did that and was able to find the offline indi generator. Another slight problem, correct me if i'm wrong, shouldn't the offline chart price action automatically update like normal chart? If yes then what might be the problem the offline chart basket price action is not moving at all?
  • #444
  • Oct 1, 2013 7:56pm Oct 1, 2013 7:56pm
I have been running on a demo at the one minute chart for about three hours and still no trades.
Ron
  • #445
  • Oct 1, 2013 8:01pm Oct 1, 2013 8:01pm
Quoting agagukalex
Hi , i jusd started to basket trading , everything was well explain true the thread , only one bug!! When i click buy or sell , nothing happen!! Is there somebody who can give me some help on that ?? Thank you , Alex
Use the hot keys outlined in the EA setup doc. It's also displayed on your MT4 chart when you load the EA.
  • #446
  • Oct 1, 2013 8:07pm Oct 1, 2013 8:07pm
Quoting packgreen49
I have been running on a demo at the one minute chart for about three hours and still no trades. Ron

Did you generate a 1m offline chart? If so, make sure that the correct time frame, HAS, IXO are set in the EA properties or it won't trade.

Remember that the EA and indicator settings in the template provided by Seller9 are for 1hr time frame. You'll have to change for 1m testing.
  • #447
  • Oct 1, 2013 8:16pm Oct 1, 2013 8:16pm
Quoting packgreen49
Seller9, I can manually open and close my trades. So that is good. Ron
The only thing left then is to click tht "Ctrl+9" and start trading live and wait for the next trade, sometimes it takes days for the right setup on the H1, but when you get a good setup you can bring in the pips in buckets.

The last 14 pair long trade signal was around 24 hours ago, depending on your Broker, and the Robot is still long that trade although in DD. There has been no 14 Pair new trades since that one, so just hang in there.

Good Luck
  • #448
  • Oct 1, 2013 8:19pm Oct 1, 2013 8:19pm
Quoting agagukalex
Hi , i jusd started to basket trading , everything was well explain true the thread , only one bug!! When i click buy or sell , nothing happen!! Is there somebody who can give me some help on that ?? Thank you , Alex
Are you using the latest version that uses Hot Keys?

Don't use the one with the Buttons as that version is not as up to date as the one that uses the Hot Keys.
  • #449
  • Oct 1, 2013 8:19pm Oct 1, 2013 8:19pm
Quoting seller9
{quote} The only thing left then is to click tht "Ctrl+9" and start trading live and wait for the next trade, sometimes it takes days for the right setup on the H1, but when you get a good setup you can bring in the pips in buckets. The last 14 pair long trade signal was around 24 hours ago, depending on your Broker, and the Robot is still long that trade although in DD. There has been no 14 Pair new trades since that one, so just hang in there. Good Luck
Agreed. It's more about taking quality trades. I'd rather have 1 great winner than 5 average or losers.

I took that long trade yesterday, make some good pips before government shutdown.
  • #450
  • Oct 1, 2013 8:27pm Oct 1, 2013 8:27pm
Quoting bonkers
{quote} Agreed. It's more about taking quality trades. I'd rather have 1 great winner than 5 average or losers. I took that long trade yesterday, make some good pips before government shutdown.
Nice going, yes everyone wants to get rich right off the bat and then they miss the big one, it takes getting use to waiting for the right one, thats where hopefully the Robot will come in as it can stay awake and watch the chart while we get some sleep or go to work until our ship comes in.

I have looked and many low time frame charts trying to figure out a way to build a Robot to trade them and so far have had no luck, so far the light has not gone on. The H1 seems to be the best compromise between short and long time frames.

Good Luck
  • #451
  • Oct 1, 2013 8:43pm Oct 1, 2013 8:43pm
This is my current 1 hour chart. Have to see what it looks like overnight.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_216 Oct. 01 20.40.jpg Size: 237 KB
  • #452
  • Oct 1, 2013 9:07pm Oct 1, 2013 9:07pm
Hi,
I read from a different site that EAs can not work on offline charts. Is this a true statement?
Ron
  • #453
  • Oct 1, 2013 9:49pm Oct 1, 2013 9:49pm
Hi, I am really interested in this EA. How can I use this EA manually and not have it as a EA?

I would like to set these indicators on my chart only to one pair and manually enter trades. Is this possible?

Thanks.

Roy
  • #454
  • Oct 1, 2013 10:04pm Oct 1, 2013 10:04pm
Quoting packgreen49
Hi, I read from a different site that EAs can not work on offline charts. Is this a true statement? Ron
100% false.
  • #455
  • Oct 1, 2013 10:12pm Oct 1, 2013 10:12pm
Quoting seller9
{quote} Nice going, yes everyone wants to get rich right off the bat and then they miss the big one, it takes getting use to waiting for the right one, thats where hopefully the Robot will come in as it can stay awake and watch the chart while we get some sleep or go to work until our ship comes in. I have looked and many low time frame charts trying to figure out a way to build a Robot to trade them and so far have had no luck, so far the light has not gone on. The H1 seems to be the best compromise between short and long time frames. Good Luck...
Seller, this EA that you've made can be very powerful from what I see in testing. As of now, entries are pretty spot on. Kudos.

There needs to be more options for exits though, which Nisha has mentioned (exit on HAS, 1 IXO, both IXO, etc) which the trader can set as they see fit. Also an option to reverse pairs in baskets.
  • #456
  • Oct 1, 2013 10:35pm Oct 1, 2013 10:35pm
Quoting packgreen49
Hi, I read from a different site that EAs can not work on offline charts. Is this a true statement? Ron
Most EAs require ticks to run and some offline chart generators don't provide ticks to the offline chart so the EA just sets there and looks dumb. There are work arounds in the way you code the EA so it doesn't require ticks to run, so it just depends on the EA or the indicator creating the offline chart on which way you need to go. The offline chart still has to update its PA as the the EA looks at this data to work properly.
  • #457
  • Oct 1, 2013 10:45pm Oct 1, 2013 10:45pm
Quoting bonkers
{quote} Seller, this EA that you've made can be very powerful from what I see in testing. As of now, entries are pretty spot on. Kudos. There needs to be more options for exits though, which Nisha has mentioned (exit on HAS, 1 IXO, both IXO, etc) which the trader can set as they see fit. Also an option to reverse pairs in baskets.
Those are easy additions to future versions, exits are always the hardest to choose from, its easy to get in but you always want to get the last pip out of a trade. Once we see everything is working Ok in the present version I will make more additions, I don't want to add too many new things until we are sure there are no bugs in the present version and the idea has legs to run on, just trying to KIS.

I do have a version 4 comming out this weekend that has a few minor fixes in it.
The Word document will be updated to reflect these changes, I always explain the latest changes at the end of the document.

I am still looking for ideas on a good way for the EA to determine when to reverse the CHF pairs, after looking at charts of these pairs when a trade was taken it seems like a 50 50 crap shoot as to when this should happen. What we need is a way for the EA to look at these pairs and determine which way they are going and trade them in that direction regardless the direction of the basket.

Anyone have any Brain Storming ideas as to how to do that, please pass them along.
  • #458
  • Oct 2, 2013 12:39am Oct 2, 2013 12:39am
example of a trade 1 , 3 AND 4 order taken by ea
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Attached Image(s) (click to enlarge)
Click to Enlarge Name: entry 1.png Size: 29 KB
Click to Enlarge Name: trade 3 entry.png Size: 41 KB
Click to Enlarge Name: entry 4.png Size: 40 KB
Trend is your friend...
  • #459
  • Oct 2, 2013 4:18am Oct 2, 2013 4:18am
Quoting Magix
{quote} Seller, Was no disrespect intended. And as for the other guy who can't even spell spoiled, well, I say this; It is pretty shameful to take something where others have worked to develop and not offer anything in return. Personally, I encourage all who test any of the versions of EAs that I release to publish their results. These things differ from broker to broker, pair to pair and timeframe to timeframe, so why wouldn't a collective group with the same intent want to learn from those around? BACKTEST DATA IS WORTHLESS!!!! This forum is filled...
Have been testing the system on demo on 1H TF for 3 weeks now. So far account is up 5.5% after the loss on the last long basket. Currently short.
  • #460
  • Oct 2, 2013 4:37am Oct 2, 2013 4:37am
Quoting Fbird
{quote} Have been testing the system on demo on 1H TF for 3 weeks now. So far account is up 5.5% after the loss on the last long basket. Currently short.
Fbird,

If it continues to churn that kinda profit, I say, seems like a keeper for sure.

And not to seem unappreciative here, but viewing this same information through either trade explorer or myfxbook can tell a little more. This is one of the bots I am currently working with and what I watch for is everything you see in the red boxes, and of course something that resembles an equity curve. I am a pretty stingy fella when I leave the kids in charge of my hard earned funds, just wanna know if they go to play with it, I got a decent chance at getting something back(R:R).

Thanks for the reply!!

Attached Image (click to enlarge)
Click to Enlarge Name: myfxbook.png Size: 40 KB
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