Basket Trading EA | Page 195 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

Trading 8 Forex Pairs - Fully Automatic - Basket Trading 7 replies

TMS basket: Dashboard for a basket of MA-Filtered RSI Signals 135 replies

Currency Basket and Carry Trading 51 replies

Attachments: Basket Trading EA
Exit Attachments

Basket Trading EA

  • #3,881
  • Edited 4:55pm Apr 29, 2014 4:42pm | Edited 4:55pm
here is the trade set up based on new basket writer. currently running. Needs alot of patients so as to avoid ranging markets I have experienced since using it from sunday. One thing though is that you get pairs that are always nearly going to be in the same direction avoiding pairs that do not correlate. Thanks to seller for the new basket writer. Going hunting again....see what basket writer has install for tonight.....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Sell Trade Opened 4-29---12-52.gif Size: 48 KB
Click to Enlarge Name: #sell1hr#02h1.png Size: 56 KB
Look to the LEFT of your CHART.....
  • #3,882
  • Apr 29, 2014 6:37pm Apr 29, 2014 6:37pm
here is another chart created tonight from Basket writer v3. Lets see how this one also turn out. I also manually checked the individual chart to for confirmation before creating the chart
Attached Image (click to enlarge)
Click to Enlarge Name: #sh_1hr#03h1.png Size: 71 KB
Look to the LEFT of your CHART.....
  • #3,883
  • Apr 29, 2014 9:07pm Apr 29, 2014 9:07pm
Quoting mikeimas
here is another chart created tonight from Basket writer v3. Lets see how this one also turn out. I also manually checked the individual chart to for confirmation before creating the chart {image}
1st please stick to bias of BT CS
2nd use Basket writer v3 to create group of pairs in direction of BT CS

Regards
Hukam

* try to stick with BT CS bias, and trust it, it will keep you away from bad trades and decisions.
  • #3,884
  • Apr 29, 2014 10:45pm Apr 29, 2014 10:45pm
Keep it simple
Attached Image (click to enlarge)
Click to Enlarge Name: #jpy7#07h4.png Size: 53 KB
  • #3,885
  • Apr 30, 2014 12:42am Apr 30, 2014 12:42am
Quoting bishopdotun
Keep it simple {image}
You are right!
But unfortunately your semafor indicator is a really bad repainter...
  • #3,886
  • Apr 30, 2014 1:03am Apr 30, 2014 1:03am
Quoting Jeffray
{quote} You are right! But unfortunately your semafor indicator is a really bad repainter...
Jeffray,
Use what works for you.
Cheers.
  • #3,887
  • Apr 30, 2014 2:26am Apr 30, 2014 2:26am
Very quick scalp during London Open on the JPY basket!

In and out in less than ten minutes for a total of 44 pips

Attached Image (click to enlarge)
Click to Enlarge Name: JPY Basket.PNG Size: 56 KB
  • #3,888
  • Apr 30, 2014 3:21am Apr 30, 2014 3:21am
Quoting hukam
{quote} 1st please stick to bias of BT CS 2nd use Basket writer v3 to create group of pairs in direction of BT CS Regards Hukam * try to stick with BT CS bias, and trust it, it will keep you away from bad trades and decisions.
there is no need for BT CS from my point of view, because BT writer takes care of correlation from my understanding. Having used BT CS previously the main issue I had was there was always one or two pairs that did not follow the overall trend on the chart which meant that those pairs were always bringing small losses but the overall trade result would be positive pips. BT writer helps to avoid that by ensuring that you get the pairs that have confirmed trading direction short or long. But hey we are here to make a few pips, so what ever strategy suits your trading I guess.
Look to the LEFT of your CHART.....
  • #3,889
  • Apr 30, 2014 3:50am Apr 30, 2014 3:50am
update on the basket from last night created with Basket writer V3. All pairs closed in green zone with small profit. 120 pips target hit.
Attached Image (click to enlarge)
Click to Enlarge Name: Trade Closed-4-30---11-40.gif Size: 51 KB
Look to the LEFT of your CHART.....
  • #3,890
  • Apr 30, 2014 4:16am Apr 30, 2014 4:16am
Quoting mikeimas
{quote} there is no need for BT CS from my point of view, because BT writer takes care of correlation from my understanding. Having used BT CS previously the main issue I had was there was always one or two pairs that did not follow the overall trend on the chart which meant that those pairs were always bringing small losses but the overall trade result would be positive pips. BT writer helps to avoid that by ensuring that you get the pairs that have confirmed trading direction short or long. But hey we are here to make a few pips, so what ever...
yes whole ideas is to make pips. and avoid wrong directional trades.
best of luck,
regards
hukam
  • #3,891
  • Apr 30, 2014 6:04am Apr 30, 2014 6:04am
Hello Seller,

My broker do not have all the 28 pairs, so that I cound not use basket writer V3, I wonder do you have plans to make one version which can used on
brokers like mine (not have 28 pairs). Thanks a lot!

With best regards,

Daniel
  • #3,892
  • Apr 30, 2014 6:09am Apr 30, 2014 6:09am
Quoting cheer4u
Hello Seller, My broker do not have all the 28 pairs, so that I cound not use basket writer V3, I wonder do you have plans to make one version which can used on brokers like mine (not have 28 pairs). Thanks a lot! With best regards, Daniel
i hope that also , i have same problem also
  • #3,893
  • Apr 30, 2014 6:11am Apr 30, 2014 6:11am
Quoting cheer4u
Hello Seller, My broker do not have all the 28 pairs, so that I cound not use basket writer V3, I wonder do you have plans to make one version which can used on brokers like mine (not have 28 pairs). Thanks a lot! With best regards, Daniel
I have the same case. I worked around it by simply opening a demo account with a broker that supports the 28 pairs and run V.3 in that platform. I write the basket's files with it and just copy and paste them in original platform after making sure that the new basket doesnt include any of the unsupported pairz by my broker.
  • #3,894
  • Apr 30, 2014 8:46am Apr 30, 2014 8:46am
Has anyone adjusted the trigger levels inside the properties of the BW 3v? If so, what were the results?
  • #3,895
  • Apr 30, 2014 9:17am Apr 30, 2014 9:17am
Sold #JPY7# basket at 12:31 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 14:06 GMT
Time in trade: 1 hour and 35 minutes
Gross P/L = +126 pips
Manual trade closure.
Comments: Profit target achieved.

//////////
Attached Image
  • #3,896
  • Apr 30, 2014 12:15pm Apr 30, 2014 12:15pm
Quoting Allammof
{quote} I have the same case. I worked around it by simply opening a demo account with a broker that supports the 28 pairs and run V.3 in that platform. I write the basket's files with it and just copy and paste them in original platform after making sure that the new basket doesnt include any of the unsupported pairz by my broker.
Did you all miss this,,,,,,,
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.
Attached File(s)
File Type: zip Basket_Writer_v1.zip   140 KB | 660 downloads
  • #3,897
  • Apr 30, 2014 12:58pm Apr 30, 2014 12:58pm
Quoting bishopdotun
Keep it simple {image}
I made an EA using that indicator in the past but found it repainted so bad it was of no good, kind of like the Zig Zag indicator, it looks great on past PA, but as we all know, we can't trade old PA, only the right edge of the chart is where we trade, unless we want to look back for S and R.
  • #3,898
  • Apr 30, 2014 1:30pm Apr 30, 2014 1:30pm
Quoting guro
{quote} Did you all miss this,,,,,,, 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. {file}
@Seller9:

I have downloaded and installed a clean version of MT4, build 625.
Installed and running with admin privileges compatibility mode with WXP SP3.
All indis are in the correct folders, BW in the Experts folder.
Opened a demo account on Alpari, with 40+ currency pairs.
Basket writer V1 works perfectly, V2 and V3 donīt. The screen stays completely blank (M15 chart).

Any suggestions ? Did I overlook sth ?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 61 KB
  • #3,899
  • Apr 30, 2014 2:49pm Apr 30, 2014 2:49pm
Quoting flx69
{quote} @Seller9: I have downloaded and installed a clean version of MT4, build 625. Installed and running with admin privileges compatibility mode with WXP SP3. All indis are in the correct folders, BW in the Experts folder. Opened a demo account on Alpari, with 40+ currency pairs. Basket writer V1 works perfectly, V2 and V3 donīt. The screen stays completely blank (M15 chart). Any suggestions ? Did I overlook sth ? {image}
Your missing GBPNZD, check your Market Watch and see if it is listed there.
  • #3,900
  • Apr 30, 2014 3:37pm Apr 30, 2014 3:37pm
I installed it on a fresh Mt4 build 625 of Armada Markets which is offering 60+ pairs...

Everything is just working absolutely fine!!!!

Attached Image (click to enlarge)
Click to Enlarge Name: Basket writer V3.PNG Size: 86 KB
15 traders viewing now