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Basket Trading EA

  • #3,601
  • Apr 10, 2014 9:06pm Apr 10, 2014 9:06pm
Quoting rixon227
{quote} Hi Hukam, I'm still waiting S/D EA from Sellar9, I believe S/D trading method running in EA will become ultimate EA of all.
The problem with drawing SD zones is that by the time they are drawn by the indicator the entry has already past.

They look just great on past charts like all slow indicators do, but we can't trade the past, this is why I have seen other threads where they have tried to put SD into an EA and have failed.

The best way to trade is use a PA chart with bars only, no indicators and place your own BO or PO lines on them.
  • #3,602
  • Apr 10, 2014 9:52pm Apr 10, 2014 9:52pm
Quoting seller9
{quote} The problem with drawing SD zones is that by the time they are drawn by the indicator the entry has already past. They look just great on past charts like all slow indicators do, but we can't trade the past, this is why I have seen other threads where they have tried to put SD into an EA and have failed. The best way to trade is use a PA chart with bars only, no indicators and place your own BO or PO lines on them.
Hi Sellear9,

SD trading entry is at the point of PA retouch SD zones instead of zone formed.
  • #3,603
  • Apr 11, 2014 2:03am Apr 11, 2014 2:03am
FYi

Im trading H4: JPY7 and USD4
entrys: HA direction + Ixo2 direction
USD 2221 &460
JPY 2421 & 960

exits: Ixo cross

(i think 2 indis are needed for entrys and the 1st ixo seem redundant to me.)


thanks for the input of others here, great thread.
Attached Image (click to enlarge)
Click to Enlarge Name: screen.gif Size: 75 KB
  • #3,604
  • Apr 11, 2014 5:40am Apr 11, 2014 5:40am
Quoting Patmontes
Seller, my JPY7 Basket was added lots by the robot as planned. but the open current profit reflects only of the latest trades open and not the total profit of whole basket.... not sure if a bug or just settings {image}
I don't see that issue so far. What you should look at if the added trades are currently in positive territory then all the profits and losses are added together by the EA, the difference is what you will see on your chart. Quite likely that your recently opened trades where in negative territory.....atleast that is what I have observed. My own issue is that do you have to switch the add button on the EA even though you have already set this in the properties. I had this situation yesterday whereby trades were not added to existing trades even though the settings were already in the EA. The EA started adding trades only after I manually selected the R button on the add bit....working nicely after that though
Look to the LEFT of your CHART.....
  • #3,605
  • Edited 5:55am Apr 11, 2014 5:43am | Edited 5:55am
Quoting flx69
{quote} I am looking into this, migrating from my dedicated MT4 SOHO based rig to VPS, but I´m adamant on figuring out 2 things; - latency - compatibility with my current triple monitor setup. Will keep you posted.
This might answer your questions on latency
Trading is Methodical - Markets are Emotional
  • #3,606
  • Apr 11, 2014 7:28am Apr 11, 2014 7:28am
Quoting mikeimas
{quote} I don't see that issue so far. What you should look at if the added trades are currently in positive territory then all the profits and losses are added together by the EA, the difference is what you will see on your chart. Quite likely that your recently opened trades where in negative territory.....atleast that is what I have observed. My own issue is that do you have to switch the add button on the EA even though you have already set this in the properties. I had this situation yesterday whereby trades were not added to existing trades...
That may be a blessing in disguise. My total basket closed negative due to the retrace and close earlier huhu
  • #3,607
  • Apr 11, 2014 8:04am Apr 11, 2014 8:04am
Hm. My one closed, too. The short from yesterday has been kicked out today morning with a little loss of 61 pips. The followed long closed an hour ago with a bigger loss of 380 pips and now its short again.

I fiddled a little with the IXO2, the exit today morning would not have happened with IXO2 at 1230. Looking back the past 2 weeks, it would get a little later in and out. So, we all know, the JPY should be stronger this time, so we probably should not allow long trades in a short trend and vice versa. The retraces are pips what we do not need to have. The sad point is, we never know if its a trendchange or a retracement.
In history charts, everything always is clear but the right side of my chart is just a white piece of paper. So ... we'll see. I let my IXO2 at 1230 for a while and report back.
This week is still a nice winner in pips but not in money cause I doubled my lotsize in the jpy7 basket.

But as I mentioned some time ago, we talk about pips. I have a running CAD5 basket in a nice profit of 330 pips at the moment and I'll probably keep the short JPY7 over the weekend.

Kind regards
mpillmann

P.S.: I never traded metal. Not with this EA and not somewhere else.
  • #3,608
  • Apr 11, 2014 9:27am Apr 11, 2014 9:27am
Quoting mikeimas
{quote} I don't see that issue so far. What you should look at if the added trades are currently in positive territory then all the profits and losses are added together by the EA, the difference is what you will see on your chart. Quite likely that your recently opened trades where in negative territory.....atleast that is what I have observed. My own issue is that do you have to switch the add button on the EA even though you have already set this in the properties. I had this situation yesterday whereby trades were not added to existing trades...
All the "R" buttons work the same, they need to be turned on for the robot to use that option, they enable the "R"obot to perform that function. If left off, you are in manual mode.
  • #3,609
  • Apr 11, 2014 10:16am Apr 11, 2014 10:16am
Quoting seller9
{quote} All the "R" buttons work the same, they need to be turned on for the robot to use that option, they enable the "R"obot to perform that function. If left off, you are in manual mode.
I did think this was the situation and once I had the "R" on everything was working fine...as always thanks for clarity on things Seller9. Going to leave all trades and trust EA to close them, EA is currently short on CHF and JPY pairs with more added positions from yesterday for the JPY pairs.
Look to the LEFT of your CHART.....
  • #3,610
  • Apr 11, 2014 10:54am Apr 11, 2014 10:54am
What a choppy JPY7 day.... Oh well... Next time would be better
  • #3,611
  • Apr 11, 2014 11:13am Apr 11, 2014 11:13am
Quoting Patmontes
What a choppy JPY7 day.... Oh well... Next time would be better
But still a short setup. I'll keep it open over the weekend.
  • #3,612
  • Apr 11, 2014 12:12pm Apr 11, 2014 12:12pm
Quoting Patmontes
What a choppy JPY7 day.... Oh well... Next time would be better
Make sure you are using 4HR chart at least, as lower TF have been very choppy especially today, this is where the higher TF come in and requires bigger move for change of direction for the indis. I have used 1hr and 4HR TF on demos and the 4HR TF is still in short whilst the 1HR TF has opened and closed trades twice today in both directions resulting in small losses. So higher is better......
Look to the LEFT of your CHART.....
  • #3,613
  • Apr 11, 2014 1:07pm Apr 11, 2014 1:07pm
morning everyone !


notice how all the JPY pairs follow the GBPJPY.. if we are green on the sterling/yen, the rest follow suite.. maybe i'm being too analytical
  • #3,614
  • Edited 1:20pm Apr 11, 2014 1:09pm | Edited 1:20pm
tell me something


BoJ's Kuroda remarks that he told the G20 that Japan is on its way to hitting its 2% inflation goal.


how long now have we been hearing this crap lol. If he's so pent up on inflation, why is the yen gaining strength
  • #3,615
  • Apr 11, 2014 2:28pm Apr 11, 2014 2:28pm
Quoting Das Ist Gut
{quote} Higher timefrates might be more peaceful, but if you want a lot of forward testing, you have to got with lower ones. Higher timeframes get you too little entrances, aspecially if you are trading 1 or 2 baskets. Im running 17 single pairs at m30 and 6 baskets at m15, and im lucky to have 2-3 entrances a day, combined. Also running LME metals (zinc, copper, alu, nickel, lead) on 5-15m. and i should tell you, those move so smooth that not making money on them is a sin. I'm lucky my broker has those CFDs.
Sorry Mr Pillman, it was our mutual friend Das Ist Gut who was (and maybe still is) running spot metals.

@ Das Ist Gut: if you are still running spot metals, would you mind to shed some light on your EA settings to help the rest of us poor souls out of the dark ?
  • #3,616
  • Apr 11, 2014 3:06pm Apr 11, 2014 3:06pm
good morning
I have a great favor to you
Can someone help me create an EA to a pointer?

Please help
Attached File(s)
File Type: mq4 BBand Stop Alert.mq4   6 KB | 341 downloads
  • #3,617
  • Apr 11, 2014 8:17pm Apr 11, 2014 8:17pm
Quoting Tytukoo
good morning I have a great favor to you Can someone help me create an EA to a pointer? Please help {file}
Dear Tytukoo
I guess you are on the wrong place
All the best

Dan
  • #3,618
  • Apr 11, 2014 8:28pm Apr 11, 2014 8:28pm
Quoting mikeimas
{quote} Make sure you are using 4HR chart at least, as lower TF have been very choppy especially today, this is where the higher TF come in and requires bigger move for change of direction for the indis. I have used 1hr and 4HR TF on demos and the 4HR TF is still in short whilst the 1HR TF has opened and closed trades twice today in both directions resulting in small losses. So higher is better......
yes i'm in the 4 hour. and almost every other candle today had a close
  • #3,619
  • Apr 11, 2014 8:47pm Apr 11, 2014 8:47pm
Hi Seller,
can you add options in Basket_Create_v3_610et.ex4 to create a specific chart, from fix date and timing for example
10-03-2014 to 24-03-2014 only.
Regards
Hukam
  • #3,620
  • Apr 11, 2014 10:52pm Apr 11, 2014 10:52pm
Hi seller, I have question. In the lot size of your EA 0.01 and i trade with 7 JPY pair, How could the Drawdown go up 2k$. is there any problem with it. because with slot 0.01 , the drawdown can not be high like that
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