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Basket Trading EA

  • #1,201
  • Dec 8, 2013 8:56pm Dec 8, 2013 8:56pm
Quoting hukam
{quote} for coder it should not be a problem, this system accuracy is more than 88%, its more than what i thought. but we must have to follow the daily & 4h curve. its excel based formula posted here.. http://www.forexfactory.com/showthread.php?t=424894 incase you can't code it leave it...but i strongly recommended for your own daily basis trade you might be adopt this technique. per pair or basket its working perfectly. i have newly searched pairs which are working very closely to it.. and finally i can working with/without indicators,...

to improve or develop anything new we required cooperation & team work which i feel lack of it. may its due to my bad English.
anyhow, knowledge is free will continue to share t101 strategy.
best of luck,
regards
hukam
  • #1,202
  • Dec 8, 2013 11:25pm Dec 8, 2013 11:25pm
Quoting hukam
{quote} to improve or develop anything new we required cooperation & team work which i feel lack of it. may its due to my bad English. anyhow, knowledge is free will continue to share t101 strategy. best of luck, regards hukam
hukam...as you're probably aware, I have little faith in sup/dem zones, because they differ very little from support/resistance points which are broken all the time. I see sup/dem zones and/or support/resistance areas as good TP targets.

But...I must say...I truly commend you on your commitment to share your views and charts with us especially when English is not your first language. I think I can speak for most here, some of your explanations do get a bit lost, but I believe 95% gets through to us.

That all being said...walk us through, if you will, our last large sup/dem zone that was broken on Friday. It became a new zone around Dec.2nd. I assume at that point, you're looking for a Sell opportunity. What was your trigger point/confirmation for a Sell?

SD
Enter Signature
  • #1,203
  • Dec 9, 2013 4:10am Dec 9, 2013 4:10am
have any results on real account of this system ?
  • #1,204
  • Dec 9, 2013 5:46am Dec 9, 2013 5:46am
Quoting seller9
The latest version "BT_v2nb" has been posted on the first page, everything you need to get started is in the zip file. Please read and follow the directions in the Word Document the first time for an easy start to getting the EA up and running. There has been a bunch of changes in this version so there could be some bugs. This version also uses Hot Keys instead of buttons to make it more computer friendly. A menu of the Hot Keys can be displayed on the screen so you don't have to remember what they are. Good Luck and please give some feedback so...
Seller

Is it possible for you to give me the EA with the buttons, please?
Faith with Action
  • #1,205
  • Edited Dec 10, 2013 6:19am Dec 9, 2013 9:18am | Edited Dec 10, 2013 6:19am
BULL & BEAR FIGHTING
Attached Image (click to enlarge)
Click to Enlarge Name: BasketBB12.png Size: 67 KB
Attached Image
  • #1,206
  • Dec 9, 2013 10:20am Dec 9, 2013 10:20am
Quoting hukam
BULL & BEAR FIGHTING {image} {image}
Yes the bulls and bears are fighting LOL. However there is some confluence here for a sell would you say?

I Lv Fx
  • #1,207
  • Dec 9, 2013 10:30am Dec 9, 2013 10:30am
Hi guys,

Brand new member of this forum, fairly new member to forex trading, not so new to 'trading in general' (stock) and absolutely not new to coding (PHP developer).
Been looking around this forum and especially this thread for a little while now. Downloaded Seller's zip file yesterday and installed the EA without any problems (kudos for the easy set-up manual!). Fired live trading up this morning, no trades as of yet. Your system looks solid and I love the idea of basket trading. Going to focus on making your technique work, so I'll keep you updated on my progress and results!! Maybe in the near future some smaller baskets as well. Thanks for all the info and a big thanks to Seller for sharing his technique.

Sander
Ps: English ain't my native tongue, so I apologize in advance for any confusion ;-)
  • #1,208
  • Dec 9, 2013 1:12pm Dec 9, 2013 1:12pm
Will there be a reentry for the 5pair basket before the HAS or IXO crosses the next time?
  • #1,209
  • Dec 9, 2013 6:07pm Dec 9, 2013 6:07pm
Quoting hukam
{quote} according to rules, on posted chart i donot see any fresh zone. no fresh zone so no trade. we need more confirmation from other time frames. Plan A - if price will drop up to 23/38 fib level and continue to up. i just need confirmation with two demand zones, then i take long trade on 14pairs or 5piars. it is simiple.
yesterday BT trades:

Some trade which i took with breakout lines (BO fuctions in EA)
during nyc session EA cut trade USD10/-
thefore total is: 27+55+5+10=USD97/- lot size 0.1
  • #1,210
  • Edited Dec 10, 2013 2:13pm Dec 9, 2013 9:09pm | Edited Dec 10, 2013 2:13pm
i am using bt cs v6 with the method suggested by jimbnc and would like to know if it is normal for the pairs listed in the middle column to hardly change throughout the day? i have been watching it on the h4 and the only thing that changed today is one of the pairs moved to the long column from the short column (i think) but none of the correlation numbers changed at all all day. i reopened mt4 and repeatedly clicked each time frame to load data to make sure

also would it be possible to get a brief description of the other parts of the indi that were not explained in the posts they were uploaded to? mainly i want to know how to interpret the numbers in the left column and the meaning of the pairs listed in the right column. also how to interpret the numbers at the top in the strength meter if possible, they are similar to the numbers in the left column yes?

today the long and short groups were almost even so i did not trade but instead pulled up the top correlated pairs and drew a horizontal line on each and just watched what price did. i made the right decision as the short pairs ended up going up today and for the brief moment i checked some of the long pairs went down. on thursday and friday i had good success trading short pairs since the majority of the middle column were short pairs. today i notice the long and short groups are evening out which to me signaled a change of direction overall and/or a ranging day. i think maybe only to enter when there is a clear majority in either of the groups. just sharing some thoughts so far thanks jim, sellar and everyone : )

edit: is there a reason why nzdcad is not included in this indi?
  • #1,211
  • Dec 10, 2013 8:34am Dec 10, 2013 8:34am
everybody is doing sell sell and sell, let see what will happen!
Attached Image
  • #1,212
  • Dec 10, 2013 5:42pm Dec 10, 2013 5:42pm
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  • #1,213
  • Dec 10, 2013 5:48pm Dec 10, 2013 5:48pm
whoa! thank you sell...er ; ) i look forward to learning this indi
  • #1,214
  • Dec 10, 2013 6:06pm Dec 10, 2013 6:06pm
just right now its a time to sell, this signal is confirmed with 24pairs basket, but some USD pairs still have problem.
15min 30min 60min supply zones are same..
first target should be 300 pips range 450pips
second target should be (its not confirmed yet) 700pips range is 830pips

GBPCAD NZDUSD CADJPY GBPUSD CHFJPY GBPNZD EURAUD EURNZD
CADCHF AUDNZD USDCAD EURGBP AUDCHF NZDJPY AUDCAD NZDCHF
GBPCHF AUDUSD USDJPY EURUSD AUDJPY GBPJPY EURCAD EURCHF
  • #1,215
  • Dec 10, 2013 6:43pm Dec 10, 2013 6:43pm
Quoting seller9
{image}
Great explanation of the indi!

As you pointed out in one of your earlier posts, by the time the columns are formed, those pairs are well into a long or short already. I think it would be very prudent by all, to discuss strategies to how best utilize this great indi. Right now I am monitoring a couple of baskets I put together from the indi's data, and waiting for a pull back to make a decision.

SD
Enter Signature
  • #1,216
  • Dec 10, 2013 6:58pm Dec 10, 2013 6:58pm
I'll throw out the first strategy/idea of how best to utilize the BT_CS_V6

Could an alert be setup when, lets say, 75% of a smaller time frames (user selected), longs and/or shorts match a larger time frame, or vise versa, a larger time frame just matched a lower?

For instance, when 75% of H1 matches H4. What this may attain, is H1 joining H4 after a pull back. Just an idea.

SD
Enter Signature
  • #1,217
  • Dec 10, 2013 7:27pm Dec 10, 2013 7:27pm
Quoting seller9
{image}
its clear now.
regards
hukam
  • #1,218
  • Dec 10, 2013 8:06pm Dec 10, 2013 8:06pm
Quoting SmokeyD
{quote} Great explanation of the indi! As you pointed out in one of your earlier posts, by the time the columns are formed, those pairs are well into a long or short already. I think it would be very prudent by all, to discuss strategies to how best utilize this great indi. Right now I am monitoring a couple of baskets I put together from the indi's data, and waiting for a pull back to make a decision. SD
Maybe watch them and see if they are nearing Supply and then wait and go the other way, what goes up also goes down.

Maybe it is showing us a high point and possible trend reversal, whats hot has to turn cold eventually.

Maybe someone can watch and see what happens and see if this is true or not.
  • #1,219
  • Dec 10, 2013 8:20pm Dec 10, 2013 8:20pm
its more clear by this afternoon
Attached Image (click to enlarge)
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  • #1,220
  • Dec 11, 2013 2:35am Dec 11, 2013 2:35am
Quoting hukam
just right now its a time to sell, this signal is confirmed with 24pairs basket, but some USD pairs still have problem. 15min 30min 60min supply zones are same.. first target should be 300 pips range 450pips second target should be (its not confirmed yet) 700pips range is 830pips GBPCAD NZDUSD CADJPY GBPUSD CHFJPY GBPNZD EURAUD EURNZD CADCHF AUDNZD USDCAD EURGBP AUDCHF NZDJPY AUDCAD NZDCHF GBPCHF AUDUSD USDJPY EURUSD AUDJPY GBPJPY EURCAD EURCHF
first target achieved: 200 pips
basket is struggling for second target
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