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Basket Trading EA

  • #3,701
  • Apr 16, 2014 2:01pm Apr 16, 2014 2:01pm
Quoting Smknyc
Wednesday, April 16, 2014 JPY SENTIMENTS AUDJPY 95.996 - 95.656 NEUTRAL CADJPY 92.999 - 92.334 BULLISH USDJPY 102.009 - 101.325 BULLISH GBPJPY 170-672 - 169.501 BULLISH EURJPY 140.92 - 140.078 BULLISH CHFJPY 115.965 - 114.985 BULLISH NZDJPY 88.475 - 88.051 NEUTRAL NEUTRAL = SIDELINES BULLISH = LONG BEARISH = SHORT EXAMPLE : CHFJPY LONG @ 114.985 CURRENT PRICE @115.965 Posted by SMKNYC at 12:17 PM

thanks sam
  • #3,702
  • Apr 16, 2014 2:48pm Apr 16, 2014 2:48pm
Quoting allisonmagic
{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?
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[/quote]

I think this is an excellent idea and tried to do this "automatically" using the BO/PO feature.
I dragged the "buy PO line" all the way to the bottom of the ranging and the "sell PO line" to the top (basically inverting them).
The idea is when prices hit the high end, the basket goes short and when it hits the low of the ranging the basket goes long.

Testing on my demo account did not work, when the price action line went up and hit (and even went 5 pips beyond), my basket was supposed to go short but it didnīt.
I presume that the EA cannot do what I am intending ?
  • #3,703
  • Apr 16, 2014 2:52pm Apr 16, 2014 2:52pm
Used the wrong quote, when I was referring to an excellent idea, it was Roger7777īs suggestion to draw two trend lines and manage trading during ranging periods.

Has anybody tried was I was trying to do?
  • #3,704
  • Edited 3:22pm Apr 16, 2014 3:11pm | Edited 3:22pm
[quote=flx69;7411526]


interesting.. maybe talk to seller about why that didn't work out for you. i'm sure he can find the bug.


i like that idea however. good thinking. you found support and resistance and trade accordingly.
  • #3,705
  • Apr 16, 2014 3:32pm Apr 16, 2014 3:32pm
@allissonmagic, have you tried to do this with the EA ?
PA hits resistance predefined by user -> BO/PO short triggered
PA hits support predefined by user -> BO/PO long triggered

Before bothering seller and suggesting sth, I want to be 100% sure that itīs something "new" and not foreseen as such in the EA...
  • #3,706
  • Apr 16, 2014 3:41pm Apr 16, 2014 3:41pm
Quoting flx69
@allissonmagic, have you tried to do this with the EA ? PA hits resistance predefined by user -> BO/PO short triggered PA hits support predefined by user -> BO/PO long triggered Before bothering seller and suggesting sth, I want to be 100% sure that itīs something "new" and not foreseen as such in the EA...

i don't use the auto feature for that.. i put those in manually. for instance, look at the GBP6 basket.. i put in a manual short from resistance.. next support, i really don't know yet, but i know the GBP is short for some reason. Unless we break out and close that Resistance at 418.77 area
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  • #3,707
  • Apr 16, 2014 3:49pm Apr 16, 2014 3:49pm
Quoting MMGood47
{quote} Mine got in a little earlier than that. Looking good so far {image}
How I wish I have enough money to tradee with a lot of .10
  • #3,708
  • Apr 16, 2014 3:49pm Apr 16, 2014 3:49pm
OK, thx allissonmagic.

I will test more and if it doesnīt work, contact seller9.

Damn shame I missed out on the GBP6 short you have running :-(
  • #3,709
  • Apr 16, 2014 3:51pm Apr 16, 2014 3:51pm
Quoting flx69
OK, thx allissonmagic. I will test more and if it doesnīt work, contact seller9. Damn shame I missed out on the GBP6 short you have running :-(

not too late, this is the start of the first bear candle after that shooting star doji
  • #3,710
  • Apr 16, 2014 4:04pm Apr 16, 2014 4:04pm
Quoting Pip Poppy
@Seller9, Love the ability to add to baskets - thank you! The bot has now added a second JPY7 basket for a total (so far) of 3 baskets but the calculations of the total baskets is incorrect. The EA only totals the LAST basket taken, and does not add in any profit for the previous baskets. Am currently up some 250 pips but showing a loss of $4.50 instead of a profit of about $45.00 Can you have a look at the logic please. Cheers, Pip Poppy.
I am aware of that and will look into it for the next version.
  • #3,711
  • Apr 16, 2014 4:13pm Apr 16, 2014 4:13pm
Quoting flx69
{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
I think this is an excellent idea and tried to do this "automatically" using the BO/PO feature. I dragged the "buy PO line" all the way to the bottom of the ranging and the "sell PO line" to the top (basically inverting them). The idea is when prices hit the high end, the basket goes short and when it hits the low of the ranging the basket goes long. Testing on my demo account did not work, when the price action line went up and hit (and even went 5 pips beyond), my basket was supposed to go short but it didnīt. I presume that the EA cannot do what I am intending ?[/quote]

Those are channel BO lines so won't work that way, they are not for trading in a channel.
  • #3,712
  • Apr 16, 2014 4:53pm Apr 16, 2014 4:53pm
@Seller9:

Most will agree that ranging makes it difficult to trade with the EA.

Would it be feasible to implement something like this in the form of a pending order;

PA hits resistance (if possible predefined by user) -> Basket short trade triggered
PA hits support (if possible predefined by user) -> Basket long trade triggered
  • #3,713
  • Apr 16, 2014 5:00pm Apr 16, 2014 5:00pm
Quoting allisonmagic
{quote} not too late, this is the start of the first bear candle after that shooting star doji

fish bones!!!!!!!

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  • #3,714
  • Apr 16, 2014 6:09pm Apr 16, 2014 6:09pm
Quoting allisonmagic
{quote} thanks sam
You're welcome
Trading is Methodical - Markets are Emotional
  • #3,715
  • Apr 17, 2014 2:36am Apr 17, 2014 2:36am
Quoting Roger7777
{quote} Still looking, but here is the JPY7 15m, HAS 2-4-2-1, IXO1 = 160, IXO2 = 360, same entry and exit as 4h charts. Past 24 hour return, 250 pips + or - a few. Check it out and let me know what you think
Hi Roger,

Did you continue this 15 min chart? If so, how is it doing?
  • #3,716
  • Apr 17, 2014 2:38am Apr 17, 2014 2:38am
Hi, if i'm in the wrong forum please tell me..
i have thought of a strategy that i want to create an EA for. anyone knows of a programmer/site the can do that for me?
thanks
  • #3,717
  • Apr 17, 2014 4:38am Apr 17, 2014 4:38am
Quoting Roger7777
{quote} fish bones!!!!!!! {image}
i had this recently for the JPY7.
i reloaded the force historical data script, viewed the errors and manually loaded the missing history....
if this is what u are referring to.
  • #3,718
  • Edited 6:31am Apr 17, 2014 5:57am | Edited 6:31am
Hi Seller 9,
maybe I am No. 179 to congratulate you for this excellent EA, but I never saw -being trading for more than 15 years now- such a wonderful EA you created and shared.

Hi All,
as suggested I studied through the whole thread and watched almost all of the videos (some of the newer ones still remaining). As I know that learning by doing is the best method, I began to create a new offline chart using a "MIX3"-chart. As can be seen in the screen I wanted the EA to enter a trade immediately (Entry0=true--- all others =false). Furthermore I set "GoLong" to false to get a short-trade for the basket.
Unfortunately there was no trade opened. I refreshed EA and chart sometimes without success. No problem report in the journal. But in th experts (screen) there is a text "uninit reason 5". Someone is so kind to help? Am I missing something? Sorry to have to begin with a question here. Thanks in advance.

edit:
to see what happens I changed "GoLong"= true......immediately it entered 3 long trades.....but why didn`t it enter short trades when "GoLong" was set to false and "GoShort" was set to true from the beginning on???
Attached Image (click to enlarge)
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Have a nice day
  • #3,719
  • Apr 17, 2014 6:35am Apr 17, 2014 6:35am
Quoting Patmontes
{quote} Hi Roger, Did you continue this 15 min chart? If so, how is it doing?
No, I'm not using any lower tf's. That was as per request for another thread member. It is really choppy with the period of ranging.
  • #3,720
  • Apr 17, 2014 6:41am Apr 17, 2014 6:41am
Quoting jimnz
{quote} i had this recently for the JPY7. i reloaded the force historical data script, viewed the errors and manually loaded the missing history.... if this is what u are referring to.
No not at all. Fish Bones is the characteristic of some baskets seen on the higher TF's that have consistent and extreme trending and retracements within the candle period. To me it looks like a fish bone.
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