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Basket Trading EA

  • #3,841
  • Apr 27, 2014 6:34am Apr 27, 2014 6:34am
Quoting KopraTasa
{quote} Hi seller9, I don't know what to say or maybe to many words to compliment your effort and sacrifice. So, I give you this: Kopra
Cannot say more than that except....Thank-you Sellar
  • #3,842
  • Apr 27, 2014 7:09am Apr 27, 2014 7:09am
Quoting KopraTasa
{quote} Hi Wongpasar, I have to agree in certain condition that +ve correlation pairs and what ever pairs are parallel at that same cs pattern, strength level, time and period are also good opportunities to make profitable entry basket. I have experienced for few weeks and focus on this method with 2-4pairs in a trading basket. For now what I can see +ve correlation pairs with JPY, GBP & AUD given me winning satisfactions. The other advantages are smaller spread and able to increase lot value due to small size of basket. I think it is good for smaller...
hi kopra tasa

thanks for your kind reply..

so in order for me to get notice or alert for currency basket movement or should i say currency index big moves (i.e yen, euro or aud moves).. do i need to install EA basket writer v.3 or i just need install indicator cssdiff_g and cssdiff_mod? i've never used EA.. and i guess this isn't a pasif EA hich is only give us some alerts..?? or am i wrong?
i already got currency meter stregth.. so if i got alert from some indicator about some moves.. then i can go quickly look to CSM and see each currency strength..
thanks again.. cheerrrsss .. happy nice trading..
may profit be with you
  • #3,843
  • Apr 27, 2014 9:27am Apr 27, 2014 9:27am
Basket trading is one of my favorite trading styles. The possibilities are endless. With a basket you reduce your risk without blowing the account and you can even combine that with other baskets and close them all when there is an overrall profit.

Too bad there are no robots yet for such trading strategy, maybe in the future.
  • #3,844
  • Apr 27, 2014 11:41am Apr 27, 2014 11:41am
hello again guys,,

anyone kind enough to provide the solution to this?

"great job with the basket writer v3! but i keep getting the "initialization failed(-1) "

error msg."

i tried basvet writer v2 and got the same initialization error...can't figure out what the issue is...all eas and indicators are in the correct folders.

thanks again guys!
  • #3,845
  • Apr 27, 2014 12:12pm Apr 27, 2014 12:12pm
Quoting fxprotrader
hello again guys,, anyone kind enough to provide the solution to this? "great job with the basket writer v3! but i keep getting the "initialization failed(-1) " error msg." i tried basvet writer v2 and got the same initialization error...can't figure out what the issue is...all eas and indicators are in the correct folders. thanks again guys!

Same for me, I´m sticking to Basket Writer V1 for the moment being.
V2 stays blank on my screen, without errors
V3, init error
  • #3,846
  • Apr 27, 2014 1:43pm Apr 27, 2014 1:43pm
Quoting wongpasar
{quote} hi kopra tasa thanks for your kind reply.. so in order for me to get notice or alert for currency basket movement or should i say currency index big moves (i.e yen, euro or aud moves).. do i need to install EA basket writer v.3 or i just need install indicator cssdiff_g and cssdiff_mod? i've never used EA.. and i guess this isn't a pasif EA hich is only give us some alerts..?? or am i wrong? i already got currency meter stregth.. so if i got alert from some indicator about some moves.. then i can go quickly look to CSM and see each currency...

hi wongpasar,

here are my 2cent thinking...

What I can see in this method of trading ie automated basket trading, we have 3 Major Components. These Major Components are as follows:

1. The Basket
2. The Timing
3. The State-of-the-Art Basket Trading EA.

As you can see in this thread, to move the above major components to its best is to fulfill the requirements. Due to my understanding of fulfillment, we have to use as many sub components as possible until we are able to find and create :

1. The Best Basket - 2-14 currency pairs basket, spread...
2. The Best Timing - Trend, Time Frame etc..
3. The Best Setup of Basket Trading EA which related to no1. & no.2.

It is quite an effort, sacrifice, time consuming, ideas, testings and mistakes have been taken by many members and generous contributors of this thread to achieve d'Best Basket Trading Automation System for traders to make a decent living of their own.

Pls don't hesitate to take your time and patience to read thru all the post (post #1 is compulsory) that might overcome your doubt and perception to how to assist you in understanding the methodology and objective(s) to fulfill your needs and goals.

I wish you happy trading and huge success in your near future.

Regards.
Kopra

p.s: sorry for my poor english.
You do good, Good will come to you. Self deception never succeed.
  • #3,847
  • Apr 27, 2014 3:23pm Apr 27, 2014 3:23pm
I just loaded up the v3 basket writer, working like a champ, no errors!!! Excellent tool, thank you Seller.
  • #3,848
  • Apr 27, 2014 3:47pm Apr 27, 2014 3:47pm
i loaded the V3 basket writer and i had this first attachment error. then i downloaded another broker's platform and it worked like magic a in the second attachment. I am not a programmer but the only two differences between the two platforms is:
1. the broker that gives the error uses a suffix.
2. the broker that gives the error doesn't have EURNZD as a trading instrument.
as i said, i am not a programmer, i hope this helped.
looking back to it, its a charm... thanks alot seller9 for the tremendous effort you are making here.
have a beautiful trading week full of pips everyone.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: error.png Size: 175 KB
Click to Enlarge Name: error2.png Size: 112 KB
  • #3,849
  • Apr 27, 2014 7:38pm Apr 27, 2014 7:38pm
Just installed the BWv3, this is just the best Forum that I have ever been on.
Just amazing Seller9.

  • #3,850
  • Apr 27, 2014 7:51pm Apr 27, 2014 7:51pm
Quoting fxprotrader
hello again guys,, anyone kind enough to provide the solution to this? "great job with the basket writer v3! but i keep getting the "initialization failed(-1) " error msg." i tried basvet writer v2 and got the same initialization error...can't figure out what the issue is...all eas and indicators are in the correct folders. thanks again guys!

Maybe you need to fix the settings in your computer.
Go to this link and do what they say, doing this will probably fix your problem

http://4xtrader.net/how-to-run-metat...ws-7-or-vista/

The simple way is to Right click on the desktop icon for the mt4,properities,compability, run windows in capability mode for Xp service pack 3, and in= Privilege level, click on Run as administrator, then apply, close and restart, do this for all you mt4's.

that it works
  • #3,851
  • Apr 27, 2014 8:19pm Apr 27, 2014 8:19pm
The video states to run Basket_Writer_v3 on a M15 chart.

As I have stated many times in the different videos, never install MT4 in the programs Folder, always create a folder under the C drive and install it there.
  • #3,852
  • Apr 27, 2014 8:43pm Apr 27, 2014 8:43pm
hello steadyincome,

thanks for the advise....i have tried it but i still get the initializaton error, nonetheless, really appreciate your help.

the weird thing is i have no problems running all the other basket eas only the basket writer has an initialization error.
  • #3,853
  • Apr 28, 2014 12:43am Apr 28, 2014 12:43am
anybody long on 14pairs or core5 pairs. actually i locked some profit by now.
this BTs were open last Friday.
  • #3,854
  • Apr 28, 2014 1:12am Apr 28, 2014 1:12am
Quoting seller9
The video states to run Basket_Writer_v3 on a M15 chart. As I have stated many times in the different videos, never install MT4 in the programs Folder, always create a folder under the C drive and install it there.
thanks seller
  • #3,855
  • Apr 28, 2014 2:11am Apr 28, 2014 2:11am
Quoting seller9
The video states to run Basket_Writer_v3 on a M15 chart. As I have stated many times in the different videos, never install MT4 in the programs Folder, always create a folder under the C drive and install it there.
Thanks for the heads up Seller9.

Running it on a 1 hour chart gave me an init error, but after restarting my MT4 and running it on a 15 minute chart it works like a champ !!!

Going to play with my new toy now
  • #3,856
  • Apr 28, 2014 10:40am Apr 28, 2014 10:40am
DEAR SELLER9
FIRST I WANT TO THANK YOU FOR EVERYTHING YOU DO FOR US IN YOUR THREAD.
NOW,IF I REMEMBER WHELL, YOU SAID A FEW TIME AGO THAT ANY SUGGESTIONS ARE WELCOME.
IF I AM CORRECT, I DARE TO ASK YOU SOMETHING.
CAN YOU MAKE THE BASKET_WRITER_V3,INSTEAD TO LOOK FOR SIGNALS AT CSSDiif, TO LOOK
AT HAS_V2_610?
THANK YOU VERY MUCH FOR YOUR TIME

MY RESPECTS

Dan
  • #3,857
  • Apr 28, 2014 11:02am Apr 28, 2014 11:02am
Sold #C5# basket at 14:08 GMT.
Initial stop loss = 50 pips.
Manual trade on 15 minute chart.
Comments: HAS and I-XO-A-H color change in agreement. C5 basket not participating in weakening equity market rally.

Edit:
Trade closed at 17:46 GMT.
Time in trade: 3 hours and 38 minutes.
Gross P/L = +121 pips.
Manual trade closure via dynamic adjustment of TP line according to price action.
Comments: Profit target achieved.

//////////
Attached Image
  • #3,858
  • Apr 28, 2014 12:47pm Apr 28, 2014 12:47pm
Quoting eagle85
Sold #C5# basket at 14:08 GMT. Initial stop loss = 50 pips. Manual trade on 15 minute chart. Comments: HAS and I-XO-A-H color change in agreement. C5 basket not participating in weakening equity market rally. Edit: Trade closed at 17:46 GMT. Time in trade: 3 hours and 38 minutes. Gross P/L = +121 pips. Manual trade closure via dynamic adjustment of TP line according to price action. Comments: Profit target achieved. ////////// {image}
Nice one Eagle85, when I see this I´m really torn between MTF4hrs+ and the lower time frames.

I have been constantly watching the C5 basket today, but ranging again...

Please keep on sharing !
  • #3,859
  • Apr 28, 2014 7:18pm Apr 28, 2014 7:18pm
my 2 trades from last week, m15, jpy7, manual trading..live acount
no losses..
400 pips.

http://i7.pixs.ru/storage/0/6/2/Trad...0_11894062.gif

http://i7.pixs.ru/storage/0/6/0/Trad...3_11894060.gif
  • #3,860
  • Apr 28, 2014 8:45pm Apr 28, 2014 8:45pm
Basket_Writer_v3 requires 28 pairs to function.

If you don't have 28 pairs use version 1 or find a Broker with 28 pairs.
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