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Attachments: Basket Trading EA
Exit Attachments

Basket Trading EA

Quoting steadyincome
{quote} I have a cent account, but I only count the pips, and banking pips over a long period, the cents build up very fast, but I reintegrate getting into a winning trade is quite easy using the BT, it is the targets and when to exit the trade is a problem.
Alf,
I'm sold on the Daily's. How are you finding your exits?
I use the BT ea for my entries, and then I manage my trades from there, I look for targets, and for support and resistance, and I put my HTSL and my HTP at these points, and as price moves either way I adjust these HTSL and HTP, I also use the TLSL as exits, but on the dailies I allow price room to breathe, and if I thing that we have reached a top, I move these either up or down.
I have been trading the Dailies for years now, and my main problem has always been the Exits, I have been in huge profits and not exited, and ended up either at Breakeven or large loss, and another mistake is I enter too many trades, and then I get margin calls.
I think that I have now learned my lesson, Money Management is the most important lesson to be learned, and it is always the last lesson that we will learn before we are successful, this is a fact, and there is no getting around this fact, and until you except this fact you will be a looser just like I have been.

So TY seller9 for the beautiful entries that you have provided us, and the many and varied exits also, and Guys if you walk away from this EA you will be making one of the biggest mistakes of your entire life. So learn and then learn some more, and when you are finished learning, start again learning, for 99.9% of Ea's and manual trading plans that are created do not know when to exit, they do not like leaving Pips on the table, and it is not the pips left on the table that is the results, it is the pips that you have taken off the table, and believe me these pips are nothing to sneeze at, remember consistency and more consistency and after that reliable consistency is what will a trader make.
So greed and selfishness is our enemy.
Alf

Quoting steadyincome
I use the BT ea for my entries, and then I manage my trades from there, I look for targets, and for support and resistance, and I put my HTSL and my HTP at these points, and as price moves either way I adjust these HTSL and HTP, I also use the TLSL as exits, but on the dailies I allow price room to breathe, and if I thing that we have reached a top, I move these either up or down. I have been trading the Dailies for years now, and my main problem has always been the Exits, I have been in huge profits and not exited, and ended up either at Breakeven...
Do EAs work? I never knew this ....................... and don't want to know.
The Thief of Wall Street
Quoting Chicky
{quote} Do EAs work? I never knew this ....................... and don't want to know.
Fellow, if you don't want to know, then, what are you doing here on this thread erh? Wasting your time I guess!!
Born to rule my Economic World and Make a Difference!
Quoting seller9
{quote} I will add it to the list for version 21
Pls, where can I get version 9
Quoting Greenland
{quote} Pls, where can I get version 9
Greenland,

Please re-read 1st page and download the zip file... watch the videos and follow the directions that are given in them. In the zip files you will find all the necessary files....
Quoting liuxiaobing
{quote} you bought all pairs?when?
I bought the basket the day before, manual entry. The screenshot shows exactly:

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Quoting steadyincome
I use the BT ea for my entries, and then I manage my trades from there, I look for targets, and for support and resistance, and I put my HTSL and my HTP at these points, and as price moves either way I adjust these HTSL and HTP, I also use the TLSL as exits, but on the dailies I allow price room to breathe, and if I thing that we have reached a top, I move these either up or down. I have been trading the Dailies for years now, and my main problem has always been the Exits, I have been in huge profits and not exited, and ended up either at Breakeven...
Alf,
Very well said. I have been trading for eight some years and everything you said I have gone through, like most of us. I have tried many different ways to trade. I have found the dailies to be the best for those of us that posses the all important "P" word, patience. Your right, exits are the problem. I have started to rely on the support and resistance plotting them along with the channel. No other indys except what the EA has. Once I get in a trade I only set my tp for 50% of that target. As you I use a TSL and set that at the equal distance to the rear. I don't stack my trades, I do not know how to on MT4 using this EA. I have with the non MT platform from you broker, and you are right, money management is very important. Very easy to get called. How do you stack your trades with the MT4? Thanks for your insight. Good day!
Quoting Roger7777
{quote} Seller, Are you in the cheese head state?? I'm in Green Bay... go badgers!!!!!
Hey Roger

Holmen, WI - just above La Crosse.

They did it, will see tonight how they do against Arizona.

Lets also see if the Packers can get it back on the fast track this season.
@Roger, sometimes I stack with the EA, just open another chart, timeframe does not matter, give it a different Magic Number and add a manual trade. The tricky thing is, to be in front with the original trade far enough, to let the new one, with its original stoploss, be riskfree in the first second.

I do not stack anymore, if that is not possible. I did in the past, but most of the time I lost with doing so, if the adding positions get in with bigger risk than the first trade compare with a stoploss in profit.

I know, my explain is somehow complicated but its my sec language, not always easy You'll know.

Kind regards
Markus
Quoting seller9
{quote} Hey Roger Holmen, WI - just above La Crosse. They did it, will see tonight how they do against Arizona. Lets also see if the Packers can get it back on the fast track this season.
Seller,
I know where you are. I hope the badgers can at least take it to the next step. The Pack will be fine on offence as long as AR stays healthy. I'm sad they have not addressed the defense in free agency, maybe they are waiting for the draft, because the way they look now, it will be like last year. Go Pack Go. And again, thank you so much for all what you provide for us with your EA. By the way, are you still a working man, or are you retired with work as a hobby? I'm the latter. Sometimes there is to much time in the day. But studying and trading keep me busy for the most part. Have a great day, Roger
Quoting sharemaster2
{quote} Fellow, if you don't want to know, then, what are you doing here on this thread erh? Wasting your time I guess!!
Wasting time ........ but not both time and money.
The Thief of Wall Street
Great coding seller9, I'm looking forward to playing around with this, I think this is a keeper.

Can anyone tell me how to get the tails on the candles, I want to see where the price as been, Thanks again seller9 for the work that's gone into this project.
Quoting Roger7777
{quote} Alf, Very well said. I have been trading for eight some years and everything you said I have gone through, like most of us. I have tried many different ways to trade. I have found the dailies to be the best for those of us that posses the all important "P" word, patience. Your right, exits are the problem. I have started to rely on the support and resistance plotting them along with the channel. No other indys except what the EA has. Once I get in a trade I only set my tp for 50% of that target. As you I use a TSL and set that at the equal...

Here is a FF web site that has a lot of scripts, number 32 in the list, just scroll down, should help you, there are many others there as well.
But the rapid fire has 10 pairs, and magic number, just use with the same Magic and the BT Ea should manage all your trades.

I have a script which is owned by another coder, and I can not give it to anyone, but the Rapid Fire should be a big help.

http://www.forexfactory.com/showthread.php?t=193727

Good day everyone..We are planning to have a Sellar Basket EA gotomeeting discussion sometime today. I have sent a message to him asking when he will be available. At this time, we are going to have one day a week set up for the meeting. As of right now, we have designated Sunday to have the meeting. If you wish to ask questions to Sellar, you have your chance to do so. If no one shows up, we will close the room down. This is a chance for you to ask questions to Sellar..So, think about what you want to ask him and fire away..I will post the meeting info when i hear back from him. take care

Jimmy
Quoting jimbnc
Good day everyone..We are planning to have a Sellar Basket EA gotomeeting discussion sometime today. I have sent a message to him asking when he will be available. At this time, we are going to have one day a week set up for the meeting. As of right now, we have designated Sunday to have the meeting. If you wish to ask questions to Sellar, you have your chance to do so. If no one shows up, we will close the room down. This is a chance for you to ask questions to Sellar..So, think about what you want to ask him and fire away..I will post the meeting...
Will it be possible to have a mid week meeting to catch up on what everyone one is doing with the EA and also address any issue as I think the Sunday meeting might be limited as there seem to be a lot to cover? What are people's view on this?
Look to the LEFT of your CHART.....
Quoting mikeimas
{quote} Will it be possible to have a mid week meeting to catch up on what everyone one is doing with the EA and also address any issue as I think the Sunday meeting might be limited as there seem to be a lot to cover? What are people's view on this?

Okay everyone, please let Sellar know what day this week you want the room to be. Please remember that Seller is busy and please be kind to his schedule. I am willing to do whatever day and time but its Sellars call on the day...

Jimmy
Hi people! I hope you have had an excellent weekend.
I'm doing my test with this awesome EA. I'm using only baskets in trend: BuyS5, SellS5, BuyCX and SellCX. All winner for now ( I started last Thursday), but I would like to be consistent and improve exits before show you exactly what I'm doing (maybe I've had just luck).
But today I have a bad surprise. All my offline charts are showing "Waiting for update" message, and I don't know how to avoid it. I've never had that message before. I'm using BT_CS_v9 to generate the lists and Basket_Create_v3_610et indicator to generate the offline chart. Please, can anyone help me?
Quoting seller9
{quote} Hey Roger Holmen, WI - just above La Crosse. They did it, will see tonight how they do against Arizona. Lets also see if the Packers can get it back on the fast track this season.
hi seller:
this morning,I opend my computer and restarted the mt4,the offline chart was frozen.so I changed the frame by creating the offline chart.what ever I do it jumped high !Is there some problem?
thank you
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Quoting liuxiaobing
{quote} hi seller: this morning,I opend my computer and restarted the mt4,the offline chart was frozen.so I changed the frame by creating the offline chart.what ever I do it jumped high !Is there some problem? thank you {image}
This sometimes happens when you first create an offline chart it is sometimes best to go back and reopen the basket creator you created the chart with and click OK and it should clean up the chart, I always do this even if it looks OK.
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