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Basket Trading EA

  • #1,461
  • Jan 2, 2014 1:10pm Jan 2, 2014 1:10pm
Quoting bazze
It has not hit the margin,it's a brand new demoacc.,but thank you very much for your reply...
Bazze

Change the lot size to .1
Faith with Action
  • #1,462
  • Jan 2, 2014 2:41pm Jan 2, 2014 2:41pm
Quoting eagle85
{quote} Thank you for the compliment. My reasons for entering a trade are provided in the "Comments" section of my posts. //////////
Sorry, I guess it was to obvious and I missed it.

Good Luck
  • #1,463
  • Jan 2, 2014 3:33pm Jan 2, 2014 3:33pm
Thank you,hinnavaru...Now I don't get the alerts:-)
  • #1,464
  • Jan 2, 2014 4:35pm Jan 2, 2014 4:35pm
Quoting eagle85
Sold JPY basket (15 min. chart) at 08:46 GMT. Initial stop loss = 50 pips. Manual trade. Comments: HAS color change (missed initial entry point near European open, waited for retrace) and increasing JPY strength. Edit: Trade closed at 11:01 GMT. Gross P/L = +102 pips. Trade closed by robot. Comments: profit target achieved. ////////// {image}

Eagle, glad to see you doing fantastic....I wanted to ask, do you trade a family of pairs like all jpy, all Eur etc? Just wondering what family of pairs you trade and why? Thanks again..Keep up the good work...

Jimmy
  • #1,465
  • Jan 2, 2014 5:37pm Jan 2, 2014 5:37pm
Quoting jimbnc
{quote} Eagle, glad to see you doing fantastic....I wanted to ask, do you trade a family of pairs like all jpy, all Eur etc? Just wondering what family of pairs you trade and why? Thanks again..Keep up the good work... Jimmy
Thank you for the compliment.

Here is a screenshot of my 6 basket setup.

//////////
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  • #1,466
  • Jan 2, 2014 5:55pm Jan 2, 2014 5:55pm
Quoting eagle85
{quote} Thank you for the compliment. Here is a screenshot of my 6 basket setup. ////////// {image}
Very Impressive set up you here Eagle. I see your puting those Eagle eyes to use indeed watching those baskets.

When and how do you choose which basket to trade, do you waite to see the Bold Stars building up or what else.

You systerm will make your pips steadily and surely. Do you ever enter more than one baskets at all?

Keep it up. Well done indeed.
Born to rule my Economic World and Make a Difference!
  • #1,467
  • Jan 2, 2014 6:56pm Jan 2, 2014 6:56pm
Will post pic soon. Probably tomorrow morning. Gmt. After some testing I've found that only ixo1 entry and exit on h1 chart works best for me. Soon I will test on h4, but I don't expect to get better results than h1. I've used supp/dem levels before at earlier stages however x1 does the job. Simple really. So far only using jpy pairs. 5: Aud,USD,GBP,EUR,nzd. I don't use correlation indi. Will be testing other pairs however previous results have been bad. EUR pairs might work. Still tweaking settings. Lak

Edit: so far in short position. 320pips. Bed time now, will post pics tomorrow. Ciao!!
  • #1,468
  • Jan 2, 2014 7:52pm Jan 2, 2014 7:52pm
Quoting eagle85
{quote} Thank you for the compliment. Here is a screenshot of my 6 basket setup. ////////// {image}
Eagle, I am trying to set up the basket you are playing with, but when I use the 2 indicator (Basket_Price_v2 and Basket_Multi_indy_ET) to generate offline chart,
the offline shows "waiting for update", I tried colse MT4 and restart, still the same problem, so could you let us know what indicator you used to generate
15min offline chart.

Thanks and best regards,

Daniel
  • #1,469
  • Jan 2, 2014 8:38pm Jan 2, 2014 8:38pm
Quoting cheer4u
{quote} Eagle, I am trying to set up the basket you are playing with, but when I use the 2 indicator (Basket_Price_v2 and Basket_Multi_indy_ET) to generate offline chart, the offline shows "waiting for update", I tried colse MT4 and restart, still the same problem, so could you let us know what indicator you used to generate 15min offline chart. Thanks and best regards, Daniel
Here is an example of the procedure I use to create a basket:

1. With Metatrader 4 closed, place the Basket_Price_v2.exe indicator in the experts/indicators folder of your MT-4 program. Place the BT_14_v9nb.exe file
from page 1 of the Basket Trading EA forum in the Experts folder of your MT-4 program.

2. Start MT-4 and open a 1 minute USD/JPY chart.

3. From the Insert/Indicators/Custom menu, load the Basket_Price_v2.exe indicator onto the chart.

4. From the Charts menu, open the Properties dialog box of the indicator.

Set TF=15 and BasketPreFix to #JPY-15#.

Enter the 7 JPY pairs in the first 7 input boxes. All other boxes must be blank. Click "OK".

5. From the File/Open Offline menu, locate and open the offline chart you just created, #JYP-15#,M15.

6. From the View/Navigator/Expert Advisors menu, drag and drop the BT_14_v9nb file over the offline chart. The EA dialog box should load. Enter the 7 JPY pairs in the first 7 pair input boxes leaving all others blank. Should you desire to alter any other settings, consult the operating guide included with the Zip file on page 1. Upon exiting the EA input dialog menu, the JPY template should load.

I have successfully generated USD, EUR, GBP, JPY-USD and the default 14 pair baskets using this procedure.
NOTE: Due to technical difficulties with BT_14_v9nb, BT_14_v8nb is used for the GBP basket.

//////////
  • #1,470
  • Jan 2, 2014 8:58pm Jan 2, 2014 8:58pm
Version#8 using Default Settings...only change was selection of pairs...Entry1 was showing(red) on dashboard when trade was in progress...
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  • #1,471
  • Jan 2, 2014 9:45pm Jan 2, 2014 9:45pm
Quoting eagle85
{quote} Here is an example of the procedure I use to create a basket: 1. With Metatrader 4 closed, place the Basket_Price_v2.exe indicator in the experts/indicators folder of your MT-4 program. Place the BT_14_v9nb.exe file from page 1 of the Basket Trading EA forum in the Experts folder of your MT-4 program. 2. Start MT-4 and open a 1 minute USD/JPY chart. 3. From the Insert/Indicators/Custom menu, load the Basket_Price_v2.exe indicator onto the chart. 4. From the Charts menu, open the Properties dialog box of the indicator. Set TF=15 and BasketPreFix...
Thanks for fast reply, I just downloaded a fresh new mt4, and started again from beginning, it works now! Maybe it was my old version has some kind of conflict, who knows.

Happy trading!

Daniel
  • #1,472
  • Edited 11:26am Jan 3, 2014 10:59am | Edited 11:26am
Can someone please share with me(a newbie) a setting,for autotrading,that I can try out?
I now run it OOTB,but no trades so far...
  • #1,473
  • Jan 3, 2014 2:34pm Jan 3, 2014 2:34pm
Quoting bazze
Can someone please share with me(a newbie) a setting,for autotrading,that I can try out? I now run it OOTB,but no trades so far...
Have you activated live trading with Ctrl 9 ?

Regards
  • #1,474
  • Jan 3, 2014 2:47pm Jan 3, 2014 2:47pm
Yes,mvp77,I have done that...Do you trade this on auto? If so,have it open any basket for you?
  • #1,475
  • Jan 3, 2014 3:05pm Jan 3, 2014 3:05pm
Quoting bazze
Yes,mvp77,I have done that...Do you trade this on auto? If so,have it open any basket for you?

No, I do not. I have been following this thread only, because it's a good trading approach.
Has "HAS"(Heiken Ashi Smoothed) changed the color lately ?

Regards
  • #1,476
  • Jan 3, 2014 6:27pm Jan 3, 2014 6:27pm
yes,it has...
  • #1,477
  • Jan 4, 2014 9:26am Jan 4, 2014 9:26am
entries and exit here. IXO1 only h1 chart
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  • #1,478
  • Jan 4, 2014 3:13pm Jan 4, 2014 3:13pm
I have added several videos to the first page that should help some get started. The new zip file also contains the files talked about in the videos.

I will add more videos when the market opens so I can give examples of how things work under live conditions.

Its easier to explain in a video than in a PDF, so this will probably be the way I go from here on, videos and no more PDFs.

The videos are produced around the new version 11 that will be out in about one week.

Good Luck
  • #1,479
  • Edited 4:50pm Jan 4, 2014 4:18pm | Edited 4:50pm
seller9,this is just GREAT:-)
Now I can use my son,who is 8 years old,to set it up for me:-)
Thank you,very much...
  • #1,480
  • Jan 4, 2014 4:48pm Jan 4, 2014 4:48pm
seller9

really great job man!..I-XO and HAS settings by default are the best to the system or people are looking for better settings?
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