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Basket Trading EA

  • #2,401
  • Feb 25, 2014 2:36am Feb 25, 2014 2:36am
Attached Image (click to enlarge)
Click to Enlarge Name: basket.png Size: 108 KB
Quoting arlucad
I can only load h1 offline charts with basket_create_v3_610et all other timeframes dont move WHY?
Click basket_create_v3_610 and if open INPUT , there are timeframe default 60. Changer 15, 5, 240 (4 hours), 1440 (Daily). Then if u close input, mean click OK, then File, Open Offline and there it is, offline timeframe what you wish to receive. You can have week, Month - as u wish.Good luck.
  • #2,402
  • Feb 25, 2014 2:49am Feb 25, 2014 2:49am
no i know how tu setup 5min or so, but only the 1h move all other timeframes dont move..... idont know why.
Everyday better.
  • #2,403
  • Feb 25, 2014 4:28am Feb 25, 2014 4:28am
Quoting arlucad
no i know how tu setup 5min or so, but only the 1h move all other timeframes dont move..... idont know why.
I had same problem. Made clean Mt4 install, then made USDJPY 1min charge. Then add from script downloadhistoricaldata to USDJPY charge and then I did lunch and when I come back everything was again alright.
  • #2,404
  • Feb 25, 2014 6:36am Feb 25, 2014 6:36am
hello seller9 what setting you use for a basket to 4 hours ? has, ix01, ix02 end number magic thanks
  • #2,405
  • Edited 12:28pm Feb 25, 2014 12:06pm | Edited 12:28pm
ok so.. if i set entry 0 to has direction, and IX01 direction. it will take trades if both IXO1 and HAS are one color at the close of the candle ?
  • #2,406
  • Feb 25, 2014 1:00pm Feb 25, 2014 1:00pm
Quoting allisonmagic
ok so.. if i set entry 0 to has direction, and IX01 direction. it will take trades if both IXO1 and HAS are one color at the close of the candle ?
Yes
  • #2,407
  • Feb 25, 2014 2:35pm Feb 25, 2014 2:35pm
ok i got it.. on the 15m offline, i'm using entry 0 with an IXO1 cross and HAS direction. works great. gets you in right at the start of the move. then just use good MM and you can lock in
  • #2,408
  • Feb 25, 2014 4:08pm Feb 25, 2014 4:08pm
Quoting allisonmagic
ok i got it.. on the 15m offline, i'm using entry 0 with an IXO1 cross and HAS direction. works great. gets you in right at the start of the move. then just use good MM and you can lock in
Hey Allison, what settings are you using for your HAS and XO1? Thanks..
  • #2,409
  • Feb 25, 2014 4:12pm Feb 25, 2014 4:12pm
Quoting jimbnc
{quote} Hey Allison, what settings are you using for your HAS and XO1? Thanks..

i'm just using the standard settings that everyone else is using..
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  • #2,410
  • Feb 25, 2014 4:22pm Feb 25, 2014 4:22pm
Hi Seller9, I am probably not using the BO channels the way they should be used. First chart below is after I manually opened a short basket. I added the HSL, and then added the the 'pending' BO channel for buy at the same price level as the HSL. The second chart is a screen capture of the trade just before it was stopped out. However, afterwards, no buy trade was initiated and no BO channel line (third chart). Thanks
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  • #2,411
  • Feb 25, 2014 5:45pm Feb 25, 2014 5:45pm
Quoting danjuma
Hi Seller9, I am probably not using the BO channels the way they should be used. First chart below is after I manually opened a short basket. I added the HSL, and then added the the 'pending' BO channel for buy at the same price level as the HSL. The second chart is a screen capture of the trade just before it was stopped out. However, afterwards, no buy trade was initiated and no BO channel line (third chart). Thanks {image} {image} {image}
When you open a manual trade and the robot closes it you are done until you activate live trading again, this is because this is a manual trade, that's the way a manual trade works, once completed you are done until you activate the robot or take another manual trade.
  • #2,412
  • Feb 25, 2014 6:09pm Feb 25, 2014 6:09pm
Quoting seller9
{quote} When you open a manual trade and the robot closes it you are done until you activate live trading again, this is because this is a manual trade, that's the way a manual trade works, once completed you are done until you activate the robot or take another manual trade.
Ahh! Ok, so how do the BO channels work then? I thought a 'pending' BO channel works like a pending order, so price hits it, it opens a basket trade. What's that got to do with the manual trade I already have opened, or am I missing something.
  • #2,413
  • Feb 25, 2014 7:05pm Feb 25, 2014 7:05pm
Seller9,

After watching your video, i noticed you said that the BO channel trades are only executed if the candle closes above that breakout area, is that still valid ? or will it trigger soon as it's tagged ?
  • #2,414
  • Feb 25, 2014 8:44pm Feb 25, 2014 8:44pm
Quoting danjuma
{quote} Ahh! Ok, so how do the BO channels work then? I thought a 'pending' BO channel works like a pending order, so price hits it, it opens a basket trade. What's that got to do with the manual trade I already have opened, or am I missing something.
The BO and Pend Ord only work if no trade is already open, you can't trigger a trade with a BO channel if a trade is already open, and when the open trade closes you start from scratch, all lines are removed.

That's why I mentioned in a previous post why would a BO line be wanted on an active trade.
BO lines and Pending order lines only trigger a trade when no trade is present, the robot is looking for a BO of the channel or a price to be hit to trigger a trade.

You can't put BO lines on an active chart and then put a SL at the same point, the robot will just exit the present trade when the SL is hit and the BO line will be erased, trade over. You can't build a sequence of events to take place by placing different TP, SL, BO, and Pending order lines on the chart and expect the robot to know what sequence to perform them in, that would require a different type of programming where you would create a list of events you want the robot to perform in a certain sequence, the robot can not do that, only one trade at a time.
  • #2,415
  • Feb 25, 2014 8:49pm Feb 25, 2014 8:49pm
Quoting allisonmagic
Seller9, After watching your video, i noticed you said that the BO channel trades are only executed if the candle closes above that breakout area, is that still valid ? or will it trigger soon as it's tagged ?
In the last version if you use BO then the candle must be closed above or below the line to trigger a trade, if you use Pending Order than only the PA has to touch the line to trigger a trade, "NOT THE WICKS".

You sequence through these 2 choices by clicking the BO button more than once and the label on the button changes to tell you what mode you are in.
  • #2,416
  • Feb 26, 2014 1:14am Feb 26, 2014 1:14am
Quoting danjuma
{quote} Ahh! Ok, so how do the BO channels work then? I thought a 'pending' BO channel works like a pending order, so price hits it, it opens a basket trade. What's that got to do with the manual trade I already have opened, or am I missing something.
Just an idea! Why don't use two charts with same basket but different magic. One chart has a trade, the other the BO channel.
  • #2,417
  • Feb 26, 2014 1:29am Feb 26, 2014 1:29am
Quoting mcomsa
{quote} Just an idea! Why don't use two charts with same basket but different magic. One chart has a trade, the other the BO channel.

I agree....

it is a logic of sequence or task...one at a time. once accomplished, what next...waiting for another logic to trigger

OR...

use two EA..one for trailing and another one for BO CH.

p.s: sorry bro, I'm no good in forex trading...just to be friendly.
You do good, Good will come to you. Self deception never succeed.
  • #2,418
  • Feb 26, 2014 1:40am Feb 26, 2014 1:40am
Quoting seller9
{quote} The BO and Pend Ord only work if no trade is already open, you can't trigger a trade with a BO channel if a trade is already open, and when the open trade closes you start from scratch, all lines are removed. That's why I mentioned in a previous post why would a BO line be wanted on an active trade. BO lines and Pending order lines only trigger a trade when no trade is present, the robot is looking for a BO of the channel or a price to be hit to trigger a trade. You can't put BO lines on an active chart and then put a SL at the same point,...
Ahh! Now understood. Thank you for the explanation, much obliged. I suppose what I need then is something like a stop & reverse function. May I request you put this on your 'to do list' please if possible. Many thanks.
  • #2,419
  • Feb 26, 2014 1:42am Feb 26, 2014 1:42am
Quoting mcomsa
{quote} Just an idea! Why don't use two charts with same basket but different magic. One chart has a trade, the other the BO channel.
Ok, good suggestion, will give it a try. many thanks
  • #2,420
  • Feb 26, 2014 2:13am Feb 26, 2014 2:13am
Hey Seller,
does the v17 also work on Build 509? My Broker hasn't updated the version yet.
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