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Attachments: Basket Trading EA
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Basket Trading EA

  • #481
  • Oct 3, 2013 4:44pm Oct 3, 2013 4:44pm
BT_14_v4nb Update:

After some further thought I decided to make the previous option upgrade into another Entry rule, Entry 0.
I noticed that by turning off the HAS completely for Entry 1 you may miss other trades.
So now you can use both at the same time if you like or either or.

Attached Image (click to enlarge)
Click to Enlarge Name: example 2.jpg Size: 517 KB
  • #482
  • Oct 3, 2013 6:46pm Oct 3, 2013 6:46pm
The directions say to "Restart your MT4 software" after attaching the BT_14_v2nb_14P template to the offline chart. Can someone give me directions on this? Not sure what restarting the MT4 software means.
  • #483
  • Oct 4, 2013 3:29am Oct 4, 2013 3:29am
Quoting sharemaster2
{quote} Hi Fbird, In such times when the markets are ranging, best to come down to fifteen minutes and trade from there and watch Support and Resistance levels. I have been making pips for the past three days just doing that. Also note I only trade from the cloud break out systerm as Tnavi does. Try lower TF though and don;t depend so much on the EA to do everything. Just a thought all the best.
Thanks for your input Sharemaster. My purpose is just to test the automated EA on demo. So no harm here. By the way, when do you consider to be in a ranging period ? When price has bounced 2 times from S and 2 times from R ? You would then have already incurred losses as well. In trending mode SR are not respected. The difficulty is to reckonize those periods, easier on hindsight.

Cheers.
  • #484
  • Oct 4, 2013 3:30am Oct 4, 2013 3:30am
Quoting bgood
The directions say to "Restart your MT4 software" after attaching the BT_14_v2nb_14P template to the offline chart. Can someone give me directions on this? Not sure what restarting the MT4 software means.
Close your mt4 platform and then open it.
  • #485
  • Oct 4, 2013 3:35am Oct 4, 2013 3:35am
Quoting Magix
{quote} 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...
You are welcome magix ! It's obviously too soon to conclude that it is a keeper. Need more testing. This week has been tough due to ranging market, but I'm still green. I will have a look at your thread this week end and probably test one of your boots !

Cheers mate.
  • #486
  • Oct 4, 2013 7:46am Oct 4, 2013 7:46am
Hi, seller9

I' like to suggest if you can make some change where as these two pairs usdchf and eurgbp would be opposite to other 12 basket pairs when order is triggered
  • #487
  • Oct 4, 2013 7:49am Oct 4, 2013 7:49am
Hi,
Overnight my screen froze again. Is this a bug?
Ron
  • #488
  • Oct 4, 2013 7:49am Oct 4, 2013 7:49am
lose $100 real money to try v3 of this EA (default setting)
Its not bad EA, but if you use IXO 1 as Exit it will bring disaster.
Use Fixed TP will result best.
My suggestion to seller, Use fixed TP as default setting please, Its no way you earn money with IXO 1 as Exit, trust me.
  • #489
  • Oct 4, 2013 8:27am Oct 4, 2013 8:27am
Quoting packgreen49
Hi, Overnight my screen froze again. Is this a bug? Ron

Hi there,

When you say the screen Froze while you are in a trade, the trade actualy is still on just that the display of the EA on your Screen is what has frozen. I too got that last night. Had two trades different trades runing and both had it's EA display frozen at a Price. Could not get it resolved. Seems it is a sort of Bug in the EA.

Hope seller9 will look in to this some how, depending on how many more people report this problem. Hope the new version of the EA coming out this weekend will address this Bug problem.

All the best.
Born to rule my Economic World and Make a Difference!
  • #490
  • Oct 4, 2013 8:30am Oct 4, 2013 8:30am
Quoting packgreen49
Hi, Overnight my screen froze again. Is this a bug? Ron
Yep, same here, tried the fake tick script but it dosn't seem to make any difference, which is a shame. Due to health reasons i need to be able to set and forget even during normal trading hours.

However its a very promising EA which is being updated regularly and i'm sure that Sellar will iron the bugs out over time.
  • #491
  • Oct 4, 2013 8:44am Oct 4, 2013 8:44am
Quoting suricore
lose $100 real money to try v3 of this EA (default setting) Its not bad EA, but if you use IXO 1 as Exit it will bring disaster. Use Fixed TP will result best. My suggestion to seller, Use fixed TP as default setting please, Its no way you earn money with IXO 1 as Exit, trust me.
Hi there,

Yes, you may have a point there, hence Seller9 is bringing out a new version of the EA this weekend, also, don;t just trade blindly leaving the EA to it's own course. No, keep an eye on your Trade watch for support and resistance levels and be ready to pull the EA if it is not playing how you want it to.

I sometimes open a trade earlier before the EA does if it is taking a while and sometimes close out a trade earlier before the EA does. This is beacuse I know what I want to see and I know where the Resistance and Support levels are and I know what the trend on the higher Time Frames are. When you know all this, you then don't just waite for the EA all the time as it can not trade all market conditons for you. No EA can do that, hence you need to be ready to tweak and step in every once in a while. It is just that way with EA as human emotions and greed is what drives the market and EA's don't have emotions. Learn this few points and you will be good.

EA's for me is to get me in to Trades when I am not around my laptop or when I am expecting a break out from either direction, but the reall trade management has to be done by you the person and maybe assisted by the EA. Just a note to that, I also mornitor my trades via my phone using teamviewer so can also manage my trades on the go.

All the best and more pips to you.
Born to rule my Economic World and Make a Difference!
  • #492
  • Oct 4, 2013 9:41am Oct 4, 2013 9:41am
Hi everybody!
I am just interested in this basket trading systems, but I am a newbie only. Before all: I have to say thank you to seller for his great job!

My first question is: does/can any OTHER ("normal") EA run on an offline chart?

2nd question is: don't you think about to make this super basket EA can trade hedge and grid? So it wouldn't use SL if there is a wrong basket trade, instead of it make hedge or grid, etc.
But this option would be only OPTIONAL - because many people hate hedging.
  • #493
  • Oct 4, 2013 12:10pm Oct 4, 2013 12:10pm
Sharemaster2,
Do you use an indicator to spot the support/resistance levels?
Ron
  • #494
  • Oct 4, 2013 2:29pm Oct 4, 2013 2:29pm
Quoting packgreen49
Sharemaster2, Do you use an indicator to spot the support/resistance levels? Ron
Hi there,

How long have you been trading then if you ask about using an Indicator to indentify S/R levels? You can see them with your eyes if you have been trading for at least a year. I repeat, you do not need indicator for that but I know there are some out there that spots the highs and lows of every range. Don't recall what they are called now. Semefor I think or something like that. The best is for your to learn them for yourself as PA does respect those levels and you can target them as either entries or exit points. Have you seen Nisha's charts, with those red lines? that is S/L drawn in by hand. If you are not confident with those levels, you will struggle in forex to be hornest with you as those levels are key in the forex markets. I also throw in Fibbonicci levels on the bigger time frame too as the key levels in fibbs are sort of respected by PA. Please check baby pips for clearity, that is where I started from years ago and it helped alot and then the forums are good too but stick to one systerm and learn it well.

All the best
Born to rule my Economic World and Make a Difference!
  • #495
  • Oct 4, 2013 7:05pm Oct 4, 2013 7:05pm
i use this support/res indicator, doe a good job most times

Attached File(s)
File Type: ex4 II_SupDem.ex4   36 KB | 601 downloads


Quoting packgreen49
Sharemaster2, Do you use an indicator to spot the support/resistance levels? Ron
  • #496
  • Oct 6, 2013 6:42am Oct 6, 2013 6:42am
Hi seller9... Great system and amazing hard job....
Thanks....
I have a problem with basket_multi_indy... I can't create the 5 minutes offline chart...
what is the problem?

thank you very much for everything .... you are the best ...

Regards...
  • #497
  • Oct 6, 2013 3:43pm Oct 6, 2013 3:43pm
BT_14_v4nb has been posted on first page.
  • #498
  • Oct 6, 2013 7:21pm Oct 6, 2013 7:21pm
Quoting seller9
BT_14_v4nb has been posted on first page.
Hello, seller9, why do I EA't trade? Another problem is that, if the transaction this EA is all buy or sell single, do not know what reason? Thank you
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 6169202120131007081918047.jpg Size: 124 KB
Click to Enlarge Name: 99.jpg Size: 192 KB
  • #499
  • Oct 7, 2013 12:34am Oct 7, 2013 12:34am
Hello seller9,

thank you for the excellent system. 100 Downloads in last night. Congratulations.
  • #500
  • Oct 7, 2013 2:29am Oct 7, 2013 2:29am
I decided not to take anymore entry 1. This is just a personal preference but I don't like RR on these entries. We are aiming for 200 pips, but if this turns to be a bad trade, when IXO1 change, I noticed that we usually take a loss of 300-600 pips. Again, this is just a personal choice. By the way, ranging period seems to be over. Short basket up 500p for the moment.
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