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Basket Trading EA

  • #3,661
  • Apr 15, 2014 4:28am Apr 15, 2014 4:28am
Quoting laurentiupbv
{quote} sometimes the ea is freezing and it's showing you that some of the pairs are still open but instead they are not. stop the robot and then open it to check this. Also check the "files" folder to see if you have an image with your closing basket. If this ea parameter is activ and the basket closed at the BE then you should have a image there.
thx, ok I will tray
  • #3,662
  • Apr 15, 2014 9:32am Apr 15, 2014 9:32am
Quoting Roger7777
{quote} Thanks man, I just posted as you did.
Just wanted to say thanks to Roger for all his posts and his willingness to share and help others, this is what we need more of as we travel along our learning path on our way to making pips.

Thank You
  • #3,663
  • Apr 15, 2014 10:09am Apr 15, 2014 10:09am
Quoting flx69
Closed down MT4 Forced reload history w/script Attached a fresh EA (v20), manually inputting suggested IXO & HAS settings This is the result. Am I overlooking sth ? Maybe I should wait for candle close to reflect the settings ? Iīll leave it as is for 12h and see what shows... {image}

I hope I can help you out here. Change the settings in the indicators, it does nothing to change them in only the EA. Change a setting in I_XO1 and watch the settings in the EA window. You will see it change to match the new setting in your indicator.
  • #3,664
  • Apr 15, 2014 10:29am Apr 15, 2014 10:29am
Sold #C5# basket at 14:27 GMT.
Initial stop loss = 50 pips.
Manual trade on 15 minute chart.
Comments: HAS and I-XO-A-H color change in agreement.

Edit:
Trade closed at 15:15 GMT.
Time in trade: 48 minutes.
Gross P/L = +108 pips.
Manual trade closure via dynamic adjustment of TP line according to price action.
Comments: Profit target achieved.

//////////
Attached Image
  • #3,665
  • Apr 15, 2014 10:41am Apr 15, 2014 10:41am
Nice one Eagle85.

I have finally managed to sort the settings, thanks to MMGood47īs suggestion.
Thought that the settings only needed to be applied to the EA and that the indis would automatically take over these settings...
Hitting myself on the head to have overlooked this.

Anyway, the "BOB basket", JPY basket, and CHF basket are all set for trading live.

Will keep you guys posted how I am getting on !
  • #3,666
  • Apr 15, 2014 11:25am Apr 15, 2014 11:25am
Quoting flx69
Thanks Das Ist Gut. Will give it a go ! I decided to give the EA a go on a real account. Put it on (Roger7777īs settings, no intervention) Sydney open after the weekend, a disaster. Hereīs the screenshots, any feedback appreciated... {image} {image}
Please, by all means, test it on DEMO first. If an instrument becomes choppy, as they sometimes do for a while, you gonna cry.

Also, you should notice that some metals move not like others. That's why i use different timeframes, to get the picture i like.

The basic idea is to get the kind of settings that enable you to control trades and take decisions easily (about exits and SL placements)
MQL5 Market products 10 times cheaper? Yes, we can help. Send us a PM
  • #3,667
  • Apr 15, 2014 11:41am Apr 15, 2014 11:41am
Since a couple of weeks Iīm watching this thread from the sideline , and it looks really intresting .

Just wanna say good work !

Iīll give it a try if it also fits to me .


Guido
Risiko birgt immer auch die Chance.
  • #3,668
  • Apr 15, 2014 12:57pm Apr 15, 2014 12:57pm
Quoting Das Ist Gut
{quote} Please, by all means, test it on DEMO first. If an instrument becomes choppy, as they sometimes do for a while, you gonna cry. Also, you should notice that some metals move not like others. That's why i use different timeframes, to get the picture i like. The basic idea is to get the kind of settings that enable you to control trades and take decisions easily (about exits and SL placements)
Thanks for the info Das Ist Gut.
I will test the metals on demo first for a couple of weeks, just like I did with forex baskets.
  • #3,669
  • Edited 1:45pm Apr 15, 2014 1:16pm | Edited 1:45pm
well so far this week i'm down -800 pips since sunday.. i'm starting to get pissed off. JPY basket is being a piece of crap at the moment, so i'm switching to the USD crosses
  • #3,670
  • Apr 15, 2014 2:34pm Apr 15, 2014 2:34pm
Quoting allisonmagic
well so far this week i'm down -800 pips since sunday.. i'm starting to get pissed off. JPY basket is being a piece of crap at the moment, so i'm switching to the USD crosses
I'm in the USD4 too, its not much better. But you're right, the JPY7 is not nice to us at the moment.

Right now another green IXO2 comes up, I deny to get this short closed and switched my IXO2 to 1230 again. Maybe it survive the night. The last short from yesterday is still what I want this basket to do. Short, nothing else. I think I'll swich the long button of for now. I do not believe in a stronger JPY at this time.

Just my opinion.
  • #3,671
  • Apr 15, 2014 2:42pm Apr 15, 2014 2:42pm
Quoting mpillmann
{quote} I'm in the USD4 too, its not much better. But you're right, the JPY7 is not nice to us at the moment. Right now another green IXO2 comes up, I deny to get this short closed and switched my IXO2 to 1230 again. Maybe it survive the night. The last short from yesterday is still what I want this basket to do. Short, nothing else. I think I'll swich the long button of for now. I do not believe in a stronger JPY at this time. Just my opinion.

well i think we are coming out of some trends and starting to range a bit before another breakout. sucks cause it's huge losses in range
  • #3,672
  • Apr 15, 2014 3:27pm Apr 15, 2014 3:27pm
Quoting allisonmagic
{quote} well i think we are coming out of some trends and starting to range a bit before another breakout. sucks cause it's huge losses in range
Based on the Japan economy/signals the JPY should go down but due to the Ukrainien conflict the JPY should go up.
In my opinion this is why the JPY is still in a range.
I'll try not to trade the JPY basket in this period of uncertainties.
  • #3,673
  • Apr 15, 2014 3:33pm Apr 15, 2014 3:33pm
Quoting laurentiupbv
{quote} Based on the Japan economy/signals the JPY should go down but due to the Ukrainien conflict the JPY should go up. In my opinion this is why the JPY is still in a range. I'll try not to trade the JPY basket in this period of uncertainties.
Thank you for your insight !
  • #3,674
  • Apr 15, 2014 4:11pm Apr 15, 2014 4:11pm
You guys might want to look at shorting the CHF basket, looks as if itīs going South again after a retrace.

Just my 2 cents...
  • #3,675
  • Apr 15, 2014 4:14pm Apr 15, 2014 4:14pm
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 65 KB
  • #3,676
  • Apr 15, 2014 4:15pm Apr 15, 2014 4:15pm
i'm long BOB7
  • #3,677
  • Apr 15, 2014 4:56pm Apr 15, 2014 4:56pm
quote=allisonmagic;7408391]i'm long BOB7[/quote]

I was in the BOB7 yesterday and make some pips, but have not looked at it today. Is it looking good on the long? USD4, CHF6, and JPY7 I believe will continue on its short trend after the ranging. Of course that's as long as nothing really stupid happens in the Ukraine. I'm up with the USD4. I also think the JPY7 is just in its cycle of ranging, it will come out soon. The news coming from Ukraine yesterday and today did not cause it to freak out in any one long direction. Ukraine has sent troops into eastern country to challenge the takeover, that is what it is, just call it the way you see it.
Anyway, I have an idea to manually trade through the ranging. Put in horizontal channel lines and jump in long after it bottoms to the south side of the channel, then do the reverse when it tops out at the top. You have to watch it and use SL 30 - 50 pips outside of the channels. That way when the ranging is over and new trend gets established, you will take a little lose, but will have ID the new trend and jump in. There is a 300 to 400 pips movement between the channels with the JPY7. So by getting in manually at the tops and bottoms of the channels you could pick up 400 to 1000+++ pips. That depends on how long and consistent the movement is within the channel. I'm working it with the JPY7. Of course looking at the screen shot I did not get in at the top, but the middle. My mistake, but will wait it out to bottom or just continue on with the short trend. But if it turns north again, I will get out with profit and take a long (manually). Just an idea!

Attached Image (click to enlarge)
Click to Enlarge Name: jpy7-07-h4-oanda-division1.png Size: 84 KB
  • #3,678
  • Apr 15, 2014 5:18pm Apr 15, 2014 5:18pm
Quoting Roger7777
quote=allisonmagic;7408391]i'm long BOB7
I was in the BOB7 yesterday and make some pips, but have not looked at it today. Is it looking good on the long? [/quote]


very simple answer, i've been in and out of USD4, JPY7 in the past 2 days.. all range and lots of losses.. i've got nothing left to lose, might as well try whatever basket looks good.


i don't trade manually anymore, i get nailed every time i do. I let the robot decide nowadays and i keep my finger off the trigger
  • #3,679
  • Apr 15, 2014 5:41pm Apr 15, 2014 5:41pm
roger, could you try to find some settings for the 15m charts ? we can avoid range on the 4h by going down to the 15m
  • #3,680
  • Apr 15, 2014 6:17pm Apr 15, 2014 6:17pm
Quoting allisonmagic
roger, could you try to find some settings for the 15m charts ? we can avoid range on the 4h by going down to the 15m
I'm checking
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