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Basket Trading EA

  • #2,481
  • Feb 27, 2014 7:25pm Feb 27, 2014 7:25pm
Quoting FXprobe
{quote} Good morning to everyone or is it good evening can never keep up with world clock. Seller9I would like to ask if you could consider that in the next version or some where down the line looking at the possibility of giving the expert the ability to make user defined number of trades in single pair chart rather than single trade in several pairs as it does when trading a basket.(maybe ability to switch form basket to single) with each trade having its own separate profit target and stop. Thank you.
I believe that gets away from the idea of basket trading which this EA and forum are geared towards.
The next version will make it easier to set up for single pair trading(which is as far away from basket trading as I will go), but not a bunch of single pairs at the same time with different settings, there are EAs out there that already do that, they trade all the pairs you have selected in your watch list using different settings for each pair. These EAs display a dashboard with all the pairs down the left side and indicators and settings across the top for each pair and then the EA jumps in and out of all the different pairs.
  • #2,482
  • Feb 27, 2014 7:29pm Feb 27, 2014 7:29pm
Quoting allisonmagic
{quote} yeah which is the same thing has i set on entry 0. has cross, ixo 1/2 direction in any case i can set entry 2 and 3 and be good to go right ?
You must be looking at a different chart as I only see HAS direction and IXO1 cross on your Entry 0 setting, which would not have gotten you into that trade.
  • #2,483
  • Feb 27, 2014 7:29pm Feb 27, 2014 7:29pm
Quoting seller9
{quote} In order for the trade you showed to have been taken you would have had to have Entry 2 = true.

sorry for taking up all your time. i really appreciate all your help
  • #2,484
  • Feb 27, 2014 7:30pm Feb 27, 2014 7:30pm
Quoting seller9
{quote} You must be looking at a different chart as I only see HAS direction and IXO1 cross on your Entry 0 setting, which would not have gotten you into that trade.
here's my new settings. i just updated them now
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  • #2,485
  • Feb 27, 2014 7:35pm Feb 27, 2014 7:35pm
seller9
Ok that's not quite what I was asking but thank you for answering and giving your time. I appreciate you giving us the use of this extremely useful piece of technology and all the effort that you are going to on our behalf to improve it's performance for us.

Once again thank you.
Mr pips your coming with me
  • #2,486
  • Feb 27, 2014 7:37pm Feb 27, 2014 7:37pm
Quoting allisonmagic
{quote} sorry for taking up all your time. i really appreciate all your help
Here are the trades I see on your chart.
These trades would have been taken after the candle where the line is on closes.

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  • #2,487
  • Feb 27, 2014 7:38pm Feb 27, 2014 7:38pm
Yeah probe is right. once you get the right settings in this thing, it works amazing. I very much appreciate you sharing this money maker with us. very very generous of you to give us your time and hard work to help us make pips
  • #2,488
  • Feb 27, 2014 7:40pm Feb 27, 2014 7:40pm
Quoting seller9
{quote} Here are the trades I see on your chart. These trades would have been taken after the candle where the line is on closes. {image}

i understand completely. now take a look at my new settings. do they seem proper now ?
  • #2,489
  • Feb 27, 2014 7:47pm Feb 27, 2014 7:47pm
Quoting allisonmagic
{quote} i understand completely. now take a look at my new settings. do they seem proper now ?
Settings are not set in stone, and what works now may not work after a while and they also are different for each basket and time frame. So you need to pick a basket or two and a time frame and study how the basket moves and adjust your settings as it changes its personality.
  • #2,490
  • Feb 27, 2014 7:55pm Feb 27, 2014 7:55pm
Testing version 18, I will try and get a video made up tomorrow so I can get it posted this weekend. I will do a complete new video from start to finish to try and answer some of the questions that have been popping up.

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  • #2,491
  • Feb 27, 2014 8:03pm Feb 27, 2014 8:03pm
Quoting seller9
{quote} Settings are not set in stone, and what works now may not work after a while and they also are different for each basket and time frame. So you need to pick a basket or two and a time frame and study how the basket moves and adjust your settings as it changes its personality.

i understand completely
  • #2,492
  • Feb 27, 2014 8:09pm Feb 27, 2014 8:09pm
Quote
How are you using it now ???

Oh ok...Thanks for leaving it on there....I am having some success with using the PO lines as channels. I need to master where to place the PO lines, i may be setting them to close to the candles. I am using the PO lines as the BO line when price crosses on the 4 hr tf...Very well mastered EA..Many thanks to you Sellar..I cant wait for the upgrade model....Thanks

JImmy
  • #2,493
  • Feb 27, 2014 8:32pm Feb 27, 2014 8:32pm
anyone have any idea where i can get more technical information about the IXO indicator ?
  • #2,494
  • Feb 27, 2014 8:49pm Feb 27, 2014 8:49pm
hi every one
new version coming soon its amazing from seller9 i think seller9 will go on develop this ea until perfection and he happy with performance really he is cunning person i solute him and one day i would like to meet him in person to thank him for his effort in helping traders to think out of the box ( in fact before that i do some grouping pairs like the way of basket in small scale but to see mechanically done and this ea doing that is amazing )
thank you seller9 for your effort i really appreciated hope for you all the best
  • #2,495
  • Feb 27, 2014 8:56pm Feb 27, 2014 8:56pm
hi every one

how to do back test for the indicators has and xo and select the best value to use for set up any one have idea , because now we are selecting the value on our guess pls if any one have an idea how to do that shoooooooooooooooooooot
  • #2,496
  • Feb 27, 2014 9:17pm Feb 27, 2014 9:17pm
Quoting msu1
hi every one how to do back test for the indicators has and xo and select the best value to use for set up any one have idea , because now we are selecting the value on our guess pls if any one have an idea how to do that shoooooooooooooooooooot

I have a spread sheet that I brought ( will not say from whom or how much over this thread) All I can think of to doo is set up your chart with what ever basket and time frame load as many candles as you can onto it set your indicators to whatever work out what you want to use for your entry's and how you are going to exit your trades i.e. trail stop, stop and reverse, x number of pips. what ever you chose.
Then go throu8gh your chat mark all your trades then enter all information onto spread sheet work out winners verse losers. and whatever else you wish to know. Sorry but I can't think of any other way without having to do a lot of very tedious and boring data entry but think that maybe it's worth it in the long run just get a better idea as to how to manage the trades once entered .
Mr pips your coming with me
  • #2,497
  • Feb 27, 2014 9:27pm Feb 27, 2014 9:27pm
Quoting msu1
hi every one how to do back test for the indicators has and xo and select the best value to use for set up any one have idea , because now we are selecting the value on our guess pls if any one have an idea how to do that shoooooooooooooooooooot

back testing does not reflect the market in real time. you need to do testing on a live market. the forex market is very dynamic, so you need to test indicators in this fashion. this is the only way to see if your system can adapt to a dynamic ever changing jungle of emotion and economic data that it spawns from.
  • #2,498
  • Feb 27, 2014 9:35pm Feb 27, 2014 9:35pm
thank you fxprobe
as u say its poring man and you need to do every possible basket i did it once i really hit it because you need to change the value of the indicator and go back for each value iam looking for m/c way to do that ,
thank you for your input i am very much appreciated . keep posting if you have any idea
  • #2,499
  • Feb 27, 2014 9:36pm Feb 27, 2014 9:36pm
Quoting allisonmagic
{quote} back testing does not reflect the market in real time. you need to do testing on a live market. the forex market is very dynamic, so you need to test indicators in this fashion. this is the only way to see if your system can adapt to a dynamic ever changing jungle of emotion and economic data that it spawns from.
thank you very much
  • #2,500
  • Feb 27, 2014 9:40pm Feb 27, 2014 9:40pm
Quoting allisonmagic
{quote} back testing does not reflect the market in real time. you need to do testing on a live market. the forex market is very dynamic, so you need to test indicators in this fashion. this is the only way to see if your system can adapt to a dynamic ever changing jungle of emotion and economic data that it spawns from.
This is so true everything changes all the time the only real thing that back testing will tell you for sure is how good or badly your system would have done in the past (if only we could find a broker that will pay on beck test results. I have never yet managed to make money trading off of the right hand edge of my charts)
IMHO it's more important how trades are managed and your exit once entered into. We all know that this EA will get us into a trade now to learn how to teach it to manage that trade and come out the other end with a profit.
Mr pips your coming with me
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