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Still Basketting

  • #6,821
  • Jan 24, 2014 6:02am Jan 24, 2014 6:02am
Quoting Bubba_1
I have read the thread twice, but I'm not having any luck getting the T 101 EA to work properly. I had it set to open and close trades using the IXOAH TLE set to 925. Instead of opening a basket on the candle after a color change, it opened it on the 3rd or 4th candle after the color change. The trailing and stop functions work OK, it just did not open trades where it should have. I have Basket V6 indicator on a EUR/USD M1 chart. Would switching to the Basket V8 indy fix it? Thanks, Ed
they use this EA just for manage the basket(open manualy)..and basketv6 its beter to use in m1 GBPJPY.
  • #6,822
  • Jan 24, 2014 7:16am Jan 24, 2014 7:16am
SUPER super week.
4 bts trades
3 winners 1 looser

the last short is about +1800 pips now

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #6,823
  • Jan 24, 2014 7:22am Jan 24, 2014 7:22am
travis!
hope you fetch your 600 from this heavy pipfall


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6,824
  • Jan 24, 2014 7:26am Jan 24, 2014 7:26am
simple works


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6,825
  • Jan 24, 2014 7:38am Jan 24, 2014 7:38am
look at the past three weeks of this year and see what your ordinary 500 usd account with 0.01 lot size would have become, just simply doing buy, sell, buy, sell with xo 1060 on H4. with all modesty that account would have gained 40%. in one month.


Have a very great weekend friends

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6,826
  • Jan 24, 2014 8:22am Jan 24, 2014 8:22am
Quoting Kosomolate
travis! hope you fetch your 600 from this heavy pipfall kos
Awesome Kos!
No, I ended up having a late one last night. I wasn't able to watch the charts. I'm not worried though.

This week I had:

4 Trades, 4 Winners
Short: 611 - Closed from last week's entry
Long: 280
Long: 161
Short: 600
Total: 1652

I go for 500 pips per week so I am more than happy getting 3 times that. Looking forward to next week!!
  • #6,827
  • Jan 24, 2014 8:50am Jan 24, 2014 8:50am
Quoting cheekiboi
Hey Bob and Ty, Is there any way to set the TP once a basket is open? Whenever I do it my trades automatically close! even though the tp or SL wasn't hit. Is this even possible or do I have to set it before i open the basket?

I'm honestly not sure. It took me quite a while to figure out the settings that work for me, but I'm not sure what the extent of the settings are after the basket is open. I just kept playing around with the settings and made sure I saved my sets.
  • #6,828
  • Jan 24, 2014 8:56am Jan 24, 2014 8:56am
Quoting Bob_Loblaw
{quote} Awesome Kos! No, I ended up having a late one last night. I wasn't able to watch the charts. I'm not worried though. This week I had: 4 Trades, 4 Winners Short: 611 - Closed from last week's entry Long: 280 Long: 161 Short: 600 Total: 1652 I go for 500 pips per week so I am more than happy getting 3 times that. Looking forward to next week!!

Congratulations Bob!!

May I ask you how were those Long trades that gave you 280 and 161 pips? I read here you try to catch 600 pips in every trade, and Be at 300 pips. So, you just can have 600 pips or 0 pips (if BE it's take off). Do you make other entries? Or maybe do you trail the trades....?


thanks in advance
(this thread is amazing)

Toni
  • #6,829
  • Jan 24, 2014 9:04am Jan 24, 2014 9:04am
Quoting forexdaist
{quote} Congratulations Bob!! May I ask you how were those Long trades that gave you 280 and 161 pips? I read here you try to catch 600 pips in every trade, and Be at 300 pips. So, you just can have 600 pips or 0 pips (if BE it's take off). Do you make other entries? Or maybe do you trail the trades....? thanks in advance (this thread is amazing) Toni

Hey Toni, those two trades I closed just because of my sentiment thinking that would come back to BE and I wanted to close with some pips. You're right though, I actually broke my rules on those two trades, hopefully I'll do less of that in the future.

I don't trail my trades either.
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  • #6,830
  • Jan 24, 2014 1:57pm Jan 24, 2014 1:57pm
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Kos, thank you for your kind words of encouragement, I got my head together and look what I got , this is the first time ever since I started trading forex that I have gained so much pips in my life, and only in one day. I have printed it out and stuck up on my office wall as a reminder so that I can build on this small success. I'm not getting big headed because believe me I know all about the losing times. My next goal is to perfect my entry and to be more consistent.

Thanks again KOS and God bless you man .....have a nice weekend.
  • #6,831
  • Jan 26, 2014 10:24am Jan 26, 2014 10:24am
Quoting TyLamai
...I won't be around so I will as usual depend on 101. (My hope is that the eventual run (buy or sell) will payback for the recent choppiness)...
Which AM SURE y'all would agree it did Weeeeeeeeelllllla!

Ty
My job: I speculate and manage risk.
  • #6,832
  • Jan 26, 2014 10:34am Jan 26, 2014 10:34am
Ty,
Is the T101 EA taking trades for you or are you using it only to manage manually opened trades?

Thanks
  • #6,833
  • Jan 26, 2014 10:37am Jan 26, 2014 10:37am
Quoting Bubba_1
I have read the thread twice, but I'm not having any luck getting the T 101 EA to work properly. I had it set to open and close trades using the IXOAH TLE set to 925. Instead of opening a basket on the candle after a color change, it opened it on the 3rd or 4th candle after the color change. The trailing and stop functions work OK, it just did not open trades where it should have. I have Basket V6 indicator on a EUR/USD M1 chart. Would switching to the Basket V8 indy fix it? Thanks, Ed
I haven't encountered this issue before - in fact for me t101 is only too EAGER to "process" once IXO confirms a color (i.e. at the open of the second candle).

#1. Nevertheless, on what time frame is your t101?
#2. How "fresh" is your offline chart? (You need to update/refresh it as constantly as possible by opening and closing the basket v6 or v8 indicator)
#3. Maybe posting an image here will help?

Regards,

Ty
My job: I speculate and manage risk.
  • #6,834
  • Jan 26, 2014 10:41am Jan 26, 2014 10:41am
Quoting fmsfx
This is my H4 JPY Index chart and a look at how I trade the baskets. I rely mostly on the channels that you see and the XO/HA for confirmation. This is my spin on what KOS has shown us and uses. Sorry how the pic turned out. On different computer... {image}

I decided to make a vid which is quicker for me to explain than type. On a side note are there any Skype groups out there based on basket trading? Anyone thought of starting one?

Inserted Video
K.I.S.S.
  • #6,835
  • Jan 26, 2014 10:51am Jan 26, 2014 10:51am
Ty,
Thanks for your reply. I had the EA on a H4 KOS 14 chart. I refresh the basket indy occasionally. My problem is that I travel a lot for work and can't leave my laptop running in a hotel room when I am working. I am off most of the summer so I was hoping to get it running by then.

I am going to delete the EA I have now and re-download everything and start over. I was just trying to find out if it was working for anyone else. The fact that it is working for you is encouraging.

Thank you
  • #6,836
  • Jan 26, 2014 11:24am Jan 26, 2014 11:24am
Quoting Bubba_1
Ty, Thanks for your reply. I had the EA on a H4 KOS 14 chart. I refresh the basket indy occasionally. My problem is that I travel a lot for work and can't leave my laptop running in a hotel room when I am working. I am off most of the summer so I was hoping to get it running by then. I am going to delete the EA I have now and re-download everything and start over. I was just trying to find out if it was working for anyone else. The fact that it is working for you is encouraging. Thank you
Yeah it works for me and travis and a whole lotta folks out there.

I think you might wanna consider using a reliable VPS server - Kos says it doesn't work for him but there are a few guys here who would swear by vps'.

Alternatively, you could get a tab/pad - that way you can check on your trades every four hours.

Regards,

Ty
My job: I speculate and manage risk.
  • #6,837
  • Jan 26, 2014 12:57pm Jan 26, 2014 12:57pm
Quoting fmsfx
{quote} I decided to make a vid which is quicker for me to explain than type. On a side note are there any Skype groups out there based on basket trading? Anyone thought of starting one? http://www.youtube.com/watch?v=dh2hDCOy1u0
Good stuff, Dave. Thanks for sharing!
  • #6,838
  • Jan 26, 2014 1:01pm Jan 26, 2014 1:01pm
Quoting TyLamai
{quote} I haven't encountered this issue before - in fact for me t101 is only too EAGER to "process" once IXO confirms a color (i.e. at the open of the second candle). #1. Nevertheless, on what time frame is your t101? #2. How "fresh" is your offline chart? (You need to update/refresh it as constantly as possible by opening and closing the basket v6 or v8 indicator) #3. Maybe posting an image here will help? Regards, Ty

Hmm, I didn't even know you needed to refresh the v6 indi. I'll have to do that today.
  • #6,839
  • Jan 26, 2014 1:30pm Jan 26, 2014 1:30pm
Quoting Bob_Loblaw
{quote} Hmm, I didn't even know you needed to refresh the v6 indi. I'll have to do that today.
Hello Travis,

Most of the time the need for this occurs after a close of your mt4 platform OR after you log off for a while.

I notice that when I log back in some "candles / history" may be missing...so what I do now is simply re-fresh once I log back on since I almost NEVER close my mt4 except when trying to update an EA / template / indicator etc.

Gearing up for the week!

Regards,

Ty
My job: I speculate and manage risk.
  • #6,840
  • Jan 26, 2014 2:45pm Jan 26, 2014 2:45pm
Quoting TyLamai
{quote} Hello Travis, Most of the time the need for this occurs after a close of your mt4 platform OR after you log off for a while. I notice that when I log back in some "candles / history" may be missing...so what I do now is simply re-fresh once I log back on since I almost NEVER close my mt4 except when trying to update an EA / template / indicator etc. Gearing up for the week! Regards, Ty

Oh yep you're right, Ty. The way I do that is I open my MT4 and the bars are missing, so I'll close MT4 and then reopen it and it's good to go.
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