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Basket Trading EA

  • #2,821
  • Mar 12, 2014 6:32pm Mar 12, 2014 6:32pm
Quoting allisonmagic
Seller, the HAS exit offset is set to pips per pair or overall PA ? and is that set from the close/open or top/bottom of the HAS bar ?
Total pips for the entire basket, not per pair.

Always set from the open of the previous closed HAS.

In a downtrend it will be above the HAS and in an uptrend it will be below the HAS.
  • #2,822
  • Mar 12, 2014 6:52pm Mar 12, 2014 6:52pm
OK, here is something you may want to watch out for that happened this week when I was trying to run tests on all the Baskets in the Zip file, I was not able to open all the pair trades in some baskets when other baskets were already open.

After I looked at the log file it dawned on me what I was trying to do was not allowed by my Broker.

18:15:28.051 '1007746': order buy 0.01 EURUSD opening at 0.00000 sl: 0.00000 tp: 0.00000 failed [Hedge is prohibited]

Some pairs are in more than one basket and I couldn't buy and sell the same pair at the same time.

This one kind of snuck up on me.

Sometimes you can't see the forest because of the trees.

I may need to add something in the EA to prevent this, as the robot keeps trying to open all trades in the basket, maybe a maximum retry.

It will fill your files folder with screen shots if they are turned on.

Has anyone else run across this or are you all more awake than I am most of the time, or maybe your Broker allows hedging.

Good Luck
  • #2,823
  • Mar 12, 2014 6:58pm Mar 12, 2014 6:58pm
Here is a JPY7 M15 trade that's been open for a while.

TSL = 10 pips/pair = 70 pips

Attached Image (click to enlarge)
Click to Enlarge Name: example_live.gif Size: 48 KB
  • #2,824
  • Mar 12, 2014 7:25pm Mar 12, 2014 7:25pm
Quoting seller9
OK, here is something you may want to watch out for that happened this week when I was trying to run tests on all the Baskets in the Zip file, I was not able to open all the pair trades in some baskets when other baskets were already open. After I looked at the log file it dawned on me what I was trying to do was not allowed by my Broker. 18:15:28.051 '1007746': order buy 0.01 EURUSD opening at 0.00000 sl: 0.00000 tp: 0.00000 failed [Hedge is prohibited] Some pairs are in more than one basket and I couldn't buy and sell the same pair at the same...
I ran across this yesterday when I was running the EA along with some non-EA basket trades I had taken earlier. The EA tried to take a short JPY7 basket trade but I already had long positions for six of the pairs. The EA took one pair short and then kept on writing out to the alert window every few seconds or so the message that 1 trade has been taken. The EA also wrote out screen capture gifs every minute or so.

Like you, I also checked the log file in the logs directory and saw the error message about hedging. The problem here is that magic numbers do not help since the hedging rule is per account. So, you're almost forced to run each EA in a different account (unless you're using different pairs for each EA). Maybe some option to check for this before opening up a new basket position would help US users - in case people forget and have other EA or non-EA positions open?
  • #2,825
  • Mar 12, 2014 7:25pm Mar 12, 2014 7:25pm
i don't trust that entry 4, i got nailed last time
  • #2,826
  • Mar 12, 2014 8:49pm Mar 12, 2014 8:49pm
Attached Image (click to enlarge)
Click to Enlarge Name: Problem.png Size: 61 KB

I was use Robot 14-14, but today I set up Robot 14-19. Everything was smooth. Then I looked Seller9 video and was try things out. I stop Robot and then deleted it. Then was going to Template and restore it. Stars coming back like 3-4 seconds and then gone. Need help.
  • #2,827
  • Mar 12, 2014 9:12pm Mar 12, 2014 9:12pm
Quoting seller9
Those of you who have been testing and posting your results and ideas keep it up, we all appreciate it. I keep looking for different ways to improve the EA so don't get a lot of testing done with the same settings so it is nice to see traders helping out. This week I will try and get a full week of testing on the JPY7 M15 chart with the next version 20. The only difference with version 20 is the addition of the HAS exit button to the screen so you don't have to go back to the properties to turn it on and off. Also I have changed the HAS from a close...
Captain Seller9,
You are doing a great job here, can not thank you enough, the adding of PA touching HAS SL is just what I need, can't wait to see V20 this weekend!

Daniel C
  • #2,828
  • Mar 12, 2014 9:57pm Mar 12, 2014 9:57pm
Quoting seller9
OK, here is something you may want to watch out for that happened this week when I was trying to run tests on all the Baskets in the Zip file, I was not able to open all the pair trades in some baskets when other baskets were already open. After I looked at the log file it dawned on me what I was trying to do was not allowed by my Broker. 18:15:28.051 '1007746': order buy 0.01 EURUSD opening at 0.00000 sl: 0.00000 tp: 0.00000 failed [Hedge is prohibited] Some pairs are in more than one basket and I couldn't buy and sell the same pair at the same...
Seller9,
My broker does the same thing, FIFO (first in, first out) It keeps us from doing just that, a form of hedging. One or two things to do, different platforms for each basket (that could be $$$$$), or modify the baskets, taking out the overlapping pairs. I run the complete C14 on one computer, and the other the JPY7, CHF6 (CHF/JPY taken out) and the EUR5 (EUR/JPY and EUR/CHF gone). Working pretty good so far.
  • #2,829
  • Mar 12, 2014 10:21pm Mar 12, 2014 10:21pm
Quoting radtrader
{quote} I ran across this yesterday when I was running the EA along with some non-EA basket trades I had taken earlier. The EA tried to take a short JPY7 basket trade but I already had long positions for six of the pairs. The EA took one pair short and then kept on writing out to the alert window every few seconds or so the message that 1 trade has been taken. The EA also wrote out screen capture gifs every minute or so. Like you, I also checked the log file in the logs directory and saw the error message about hedging. The problem here is that...
Yes, that is something I can also think about, check for same pair already open in opposite direction.

Good idea.
  • #2,830
  • Mar 12, 2014 10:30pm Mar 12, 2014 10:30pm
Quoting cheer4u
{quote} Captain Seller9, You are doing a great job here, can not thank you enough, the adding of PA touching HAS SL is just what I need, can't wait to see V20 this weekend! Daniel C
Yes, I think it will work better than a candle close as sometimes you get a big long candle in the opposite direction and don't want to wait for it to close.

Right now I am running the JPY7 basket on M15 and am using a TSL of 10 pips per pair with entry 1,3 and 4 and so far it seems to be doing OK, it does go in and out of a few trades during a trend using the 70 pip stop loss, but I am trying to keep the losses small when it gets caught in a range. The HAS works good also during ranging but in a trend it is slow to catch up if its a steep trend, just have to find the right combination and also keep one eye on what's going on.

Good Luck

Version 20 will be out this weekend and I am planning a new video for it that goes from start to finish and will try and answer some of the questions that have popped up.
  • #2,831
  • Mar 12, 2014 11:38pm Mar 12, 2014 11:38pm
Quoting Roger7777
{quote} Seller9, My broker does the same thing, FIFO (first in, first out) It keeps us from doing just that, a form of hedging. One or two things to do, different platforms for each basket (that could be $$$$$), or modify the baskets, taking out the overlapping pairs. I run the complete C14 on one computer, and the other the JPY7, CHF6 (CHF/JPY taken out) and the EUR5 (EUR/JPY and EUR/CHF gone). Working pretty good so far.
Hi;;
Oanada can be very hard to trade multiple pairs due to FIFA. Platform gets into endless loop of messages and then platform just freeze, when EA tried to close orders which were opened later on.

and..thank you very much Seller9 and everyone for this EA; i have mixing results so far but it looks very promising. I was trading RK-T101 Basket Trader v2-HAMA basket with 8 pairs for some time manually; setting orders at SR from 1H and 4H charts. All the best to everybody!
  • #2,832
  • Mar 13, 2014 2:26am Mar 13, 2014 2:26am
Quoting seller9
Here is a JPY7 M15 trade that's been open for a while. TSL = 10 pips/pair = 70 pips {image}
Seller, i think this is an excellent strategy. tight stops, so when it moves you can take more profit and lose a lot less.. the faster indicator settings for the IXO's are helpful as well for getting back into trends when you've missed. very nice thinking. good settings. i like it a lot.
  • #2,833
  • Mar 13, 2014 4:23am Mar 13, 2014 4:23am
Quoting seller9
OK, here is something you may want to watch out for that happened this week when I was trying to run tests on all the Baskets in the Zip file, I was not able to open all the pair trades in some baskets when other baskets were already open. After I looked at the log file it dawned on me what I was trying to do was not allowed by my Broker. 18:15:28.051 '1007746': order buy 0.01 EURUSD opening at 0.00000 sl: 0.00000 tp: 0.00000 failed [Hedge is prohibited] Some pairs are in more than one basket and I couldn't buy and sell the same pair at the same...
Seller9,
How will a change in the EA affect those of us who are not US based where hedging is allowed and FIFO is not an issue?
I quite often have multiple baskets open with multiple positions in the same pair and would obviously not like to lose that capability.....
  • #2,834
  • Mar 13, 2014 4:34am Mar 13, 2014 4:34am
now
Attached Image (click to enlarge)
Click to Enlarge Name: #c14#14h1.png Size: 67 KB
  • #2,835
  • Mar 13, 2014 6:02am Mar 13, 2014 6:02am
Seller, can you please reply to this mine post? I've tried looking around the thread, but can't find an answer.
Much appreciated.

http://www.forexfactory.com/showthre...40#post7336240
MQL5 Market products 10 times cheaper? Yes, we can help. Send us a PM
  • #2,836
  • Mar 13, 2014 6:12am Mar 13, 2014 6:12am
Attached Image (click to enlarge)
Click to Enlarge Name: proble.png Size: 69 KB
  • #2,837
  • Mar 13, 2014 6:25am Mar 13, 2014 6:25am
I am looking for a set of parameters for C5/C14/JPY7, just to test it live forwarding.
Can someone please post here?
Are the deafult parameters of BT_14_V19_610et EA are still good for C14?
  • #2,838
  • Mar 13, 2014 6:54am Mar 13, 2014 6:54am
Ticks are not updating on JPY basket also data missing on GBP basket any advice?

Thanks in advance
Attached Image(s) (click to enlarge)
Click to Enlarge Name: #jpy7#07m15.png Size: 53 KB
Click to Enlarge Name: #eur6#06m15.png Size: 51 KB
Trading is Methodical - Markets are Emotional
  • #2,839
  • Mar 13, 2014 6:57am Mar 13, 2014 6:57am
Does anyone have an IXO indicator with popup sound and email alerts when the colour changes that works on ver 610?
Enter Signature
  • #2,840
  • Mar 13, 2014 7:38am Mar 13, 2014 7:38am
Here you go!
Attached File(s)
File Type: mq4 I_XO_A_H_alert.mq4   3 KB | 454 downloads
File Type: mq4 XO clean_alerts + lines.mq4   6 KB | 465 downloads
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