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Basket Trading EA

  • #1,521
  • Jan 7, 2014 8:17am Jan 7, 2014 8:17am
Quoting getit001
{quote} could u post your templates files？THX
Current 15 Minute Basket Chart Settings (subject to change):

HAS values = 2-4-2-1.
I-XO-A-H BoxSize values (customized for each basket) = 250 - 500. Adjust according to your own testing and current price action.
Indicator Colors: Red and Dodger Blue. Set according to your personal preference.
Chart Properties and Colors: Grid off, Background black, Show Period Separators checked. Set to your personal preference.
P4L Clock: Set to your personal preference.

//////////
Attached File(s)
File Type: ex4 P4L Clock.ex4   66 KB | 441 downloads
  • #1,522
  • Jan 7, 2014 9:40am Jan 7, 2014 9:40am
Seller,
is it possible to add commision an swap to the total basket value? that would be real great. otherwise i can't trust the value because i have to add those components in my mind before closing a trade to avoid a negative exit. normally this isn't a problem, but sometimes you don't think as you like to.
And for basket trading, i'm hiding the terminal window so that i'm having more screen size left on my 13" notebook.
  • #1,523
  • Jan 7, 2014 10:41am Jan 7, 2014 10:41am
Quoting DoctorGremli
Seller, is it possible to add commision an swap to the total basket value? that would be real great. otherwise i can't trust the value because i have to add those components in my mind before closing a trade to avoid a negative exit. normally this isn't a problem, but sometimes you don't think as you like to. And for basket trading, i'm hiding the terminal window so that i'm having more screen size left on my 13" notebook.
This is what I am using at the present time to get the PL for each pair and the total, does this look correct? It does contain swap and commission.

for (int p=0; p<=OrdersTotal(); p++)
{
if (OrderSelect(p-1,SELECT_BY_POS)==true)
{
if (OrderSymbol()==Pairp+PairSuffix && OrderMagicNumber()==MagicNumber )
profit_current[tdp] = OrderProfit() + OrderSwap() - OrderCommission();
}
}
}
profit_total = 0;
for (int iArray = ArraySize(profit_current) - 1; iArray >= 0; iArray--) profit_total += profit_current[iArray];
  • #1,524
  • Jan 7, 2014 10:51am Jan 7, 2014 10:51am
I'm not sure,but there is a double negative, it should be:

profit_current[tdp] = OrderProfit() + OrderSwap() + OrderCommission();

now:
5.50 $ = 5.00$ Profit + 0.00 $ Swap - -0.50$ Commission

right:
4.50 $ = 5.00$ Profit + 0.00 $ Swap + -0.50$ Commission
  • #1,525
  • Jan 7, 2014 10:57am Jan 7, 2014 10:57am
Quoting DoctorGremli
I'm not sure,but there is a double negative, it should be: profit_current[tdp] = OrderProfit() + OrderSwap() + OrderCommission(); now: 5.50 $ = 5.00$ Profit + 0.00 $ Swap - -0.50$ Commission right: 4.50 $ = 5.00$ Profit + 0.00 $ Swap + -0.50$ Commission
Is OrderCommission a positive or negative number, I think this has come up before. I will run a test and see what OrderCommission() returns by itself, if its + or -, I thought it was just a +number and then you subtract it.

In the event window below the chart does it appear as a + or - number, thats where the code gets it from?

I will check on this.
  • #1,526
  • Jan 7, 2014 11:03am Jan 7, 2014 11:03am
OrderCommission is always negative, because they are effective costs.
I tried it with a 5pair basket at a new broker (0.25$ commission total), and the total basket amount was exactly 0.50 higher than it should be.
Swap otherwise could be positive or negative.
  • #1,527
  • Jan 7, 2014 11:06am Jan 7, 2014 11:06am
Quoting DoctorGremli
OrderCommission is always negative, because they are effective costs. I tried it with a 5pair basket at a new broker (0.25$ commission total), and the total basket amount was exactly 0.50 higher than it should be. Swap otherwise could be positive or negative.
OK

Easy change in the next version.

Thanks for the information.
  • #1,528
  • Jan 7, 2014 11:09am Jan 7, 2014 11:09am
Quoting seller9
{quote} OK Easy change in the next version. Thanks for the information.
No problem,
i've only seen it because of a new broker, my old one doesn't charge commission, but has extremely high spreads, as i just found out.
  • #1,529
  • Edited 11:32am Jan 7, 2014 11:21am | Edited 11:32am

???Can we create OFFLINE CHART as mix of REGULAR & INVERSE PAIRS???


Can someone adjust the code that for inverse pair just assign minus in front of the pair.


Example: EURUSD, -EURJPY basket which would create OFFLINE CHART (inversed USDJPY)


  • #1,530
  • Jan 7, 2014 11:28am Jan 7, 2014 11:28am
Quoting fx.jurij
???Can we create OFFLINE CHART as mix of REGULAR & INVERSE PAIRS???
I haven't researched it but can you explain how to reverse a chart?
  • #1,531
  • Jan 7, 2014 11:58am Jan 7, 2014 11:58am
Quoting seller9
{quote} I haven't researched it but can you explain how to reverse a chart?
I think rewerse a currency mean if eurusd is 1.36000 then rewerse is usdeur = 1/1.36000 =
0,735294
and author this post want build offline chart from eg. eurusd 1.36000 OR usdeur 0.735294
  • #1,532
  • Jan 7, 2014 12:02pm Jan 7, 2014 12:02pm
Hi Seller! Thanks 4 response!

When EURJPY price action downward the JPYEUR is inverse to it and price action is upward. Therefore +JPYEUR = -EURJPY (both pairs sell EUR and buy JPY).

Furthermore, EUR baskets (lets say 6EUR pairs) cant cancel out exposure to EUR alike basket of (buy EURUSD, EURAUD, EURNZD and Sell EURJPY, EURCAD, EURCHF). Therefore, Offline charts could be enhanced with OPTION where you assign minus to selected pairs (which enter to offline basket chart inversely). By having that you can create baskets according pairs correlation and manipulate distribution of returns.
  • #1,533
  • Jan 7, 2014 1:18pm Jan 7, 2014 1:18pm
Good evening, I just wanted an info version of the video bt_v11_nb not 'still available rightthanks for the reply giulio
  • #1,534
  • Edited 1:50pm Jan 7, 2014 1:33pm | Edited 1:50pm
Quoting RGie
{quote} I think rewerse a currency mean if eurusd is 1.36000 then rewerse is usdeur = 1/1.36000 = 0,735294 and author this post want build offline chart from eg. eurusd 1.36000 OR usdeur 0.735294
THAT WOULD DO THE TRICK.....you are my hero beside Seller9 who shared indicators.

Look at two charts: EURUSD shift UP from 1.36000 to 1.37000
and USDEUR shift DOWN from 0.735294 to 0.729927 <<<<< (1/1.37000 = 0.729927)

By inversing the EURUSD price action you get second chart which instead UP will move DOWN (but represent exactly same value € vs $).

This is PARAMOUNT because it will Affect basket OFFLINE CHART directly. It matters how price inputs from EUR vs USD come into basket offline chart.

By good pairs and side (regular/inverse) selection you should be able to create trending conditions, swing conditions seen on Offline chart. THEORETICALLY you get more control over market conditions if you combine regular and inverse pairs into basket according underlying strategy.
  • #1,535
  • Jan 7, 2014 8:31pm Jan 7, 2014 8:31pm
Shortly I am going to be posting a new video on the first page that shows how to use the BT_14_v1 EA. While I was doing the video a "Entry 1" trade came along so I had a chance to show how the EA works when a real trade is possible.

There has been some changes made in this latest release and also some changes since the first videos were made, so you should look at this one and if you haven't looked at the previous ones you should do that before looking at this one.

The HSL and HTSL are a couple of very important items you want to get your head around and this video will bring you up to speed on just how the Robot thinks so you know exactly how to set it up.

The first ones were done in 1280 x 720 HD and this one is done in 1920 x 1080 HD, so this gave me more room to work, I don't know if it makes any difference in what YouTube presents or not, will see.

I have also placed a new zip file on the first page that contains version 11 of the EA for you to try, (its the last zip file on the 1st page), and break, it seems fairly stable, nice thing about doing the videos I found a couple of bugs and what should be different ideas.

So as always all ideas and input welcome and good luck.
  • #1,536
  • Jan 7, 2014 8:57pm Jan 7, 2014 8:57pm
One thing I forgot to mention, in version 11 I changed the way the commission is figured into the P/L, so for those of you that have a Broker commission, let me know if the P/L is now correct.
  • #1,537
  • Jan 7, 2014 9:16pm Jan 7, 2014 9:16pm
Quoting seller9
Shortly I am going to be posting a new video on the first page that shows how to use the BT_14_v1 EA. ...
Excellent work seller9!

A question...
I'm trying to best utilize the BT_CS_V6. I attached it to some charts with the intention of just monitoring pairs within a basket/group. Is there a certain amount of pairs that must be included in order to show up? I have tried some 3 and 7 pair groupings but the pair names do not show up. It appears all the numerical values do though. Thanks.

SD
Enter Signature
  • #1,538
  • Edited 9:54pm Jan 7, 2014 9:17pm | Edited 9:54pm
index..
it may be help to know which group or basket we should have to trade...
//overall BT CS is better, but if still someone like to go through long long way.. then go head, or may be some one bring good idea on the table to code something new, so try it//

ideas and source code is represented by adamp, thanks to him.
Attached File(s)
File Type: mq4 USD Index[1].mq4   2 KB | 511 downloads
  • #1,539
  • Edited 9:49pm Jan 7, 2014 9:29pm | Edited 9:49pm
some peoples have problem with BT CS V6, because they don't want to learn by themselves how its works.
here i give you some hint:-
when EURJPY is strengthening and correlated with CADJPY, and (CADJPY also strengthening in same direction and correlated with it) or if you find NZDJPY correlation and strengthening to them..
//its a complete basket// how?
//suppose//
EURJPY move up
CADJPY move up
very soon a good trend will be start in EURCAD buy all of them... (EURCAD will be belong to opposite basket, but you can buy it, it basket base)

EURJPY move up
NZDJPY move up
similar way as above mentioned. very soon we will see a good trend starts in EURNZD..

DON'T DO DUPLICATE PAIRS OR DOUBLE YOUR RISK TRY TO TRADE ONE BASKET AT ONCE.
  • #1,540
  • Jan 7, 2014 9:40pm Jan 7, 2014 9:40pm
some important things related to basket..
basket moves 100, 200 pips in ranging time... its max (don't expect much)
basket moves 300 to 500 pips during trending time..
so its simple KIS formula stick to max 200pips in ranging market, and 500 pips during trending period.
if you miss the ship, not run behind it price will move back to LL or HH wait for it, and let it go to its way.
..
//basket start with after nyc time and close with nyc time.. its following a complete circle.
//basket star with aisa time close near aisa time or target to your max pips.
some sessions for basket are sinkholes find them and avoid them...
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