This EA looks awesome :-) Too bad i don't have enough to make it work properly (i can go only to 0.1 lots - no option for 0.01 and i only have 450 USD on the account) even for 5 pairs :-( gotta make some money first and then i will try it out :-)
- #4,045
- May 8, 2014 12:01am May 8, 2014 12:01am
Hi guys,
it is quite a big challenge to wait for the price to move and bias towards our prediction and basket trading setups.
now I feel so boring and tired waiting...from one mt4 platform, now I have 6 MT4 to trade with intention to make my broker broke....lol
...but
still no good trade coming in...I feel stupid or maybe my broker afraid of our basket trading bomb.
due to my craziness at present state....I load all 8 major currency pairs and few favorite exotic trading history from 1 year to 8 years data to analyze correlation pairs. It took 3 days to arrange and calculate the correlation index/points. The purpose is to identify best correlation pairs from all 8 majors...and create a tradable trend trading basket out of it. for every major currency pairs achieve from 0.85 to 1.0 point will be grouped in a basket. Few correlation model example are as follows:
NZD
another NZD
CAD
TRY (exotic)
the analysis example
ATR
I am not sure either these trend are good for trading or another scrap trend model, especially when considering of its strength and volatility. Give it a try if you think this would benefits you and everybody here. If you are able to elaborate more effective trading basket capability base on the above correlation model, pls don't hesitate to share your thoughts and ideas.
Best regards
Kopra
it is quite a big challenge to wait for the price to move and bias towards our prediction and basket trading setups.
now I feel so boring and tired waiting...from one mt4 platform, now I have 6 MT4 to trade with intention to make my broker broke....lol
...but
still no good trade coming in...I feel stupid or maybe my broker afraid of our basket trading bomb.
due to my craziness at present state....I load all 8 major currency pairs and few favorite exotic trading history from 1 year to 8 years data to analyze correlation pairs. It took 3 days to arrange and calculate the correlation index/points. The purpose is to identify best correlation pairs from all 8 majors...and create a tradable trend trading basket out of it. for every major currency pairs achieve from 0.85 to 1.0 point will be grouped in a basket. Few correlation model example are as follows:
NZD
another NZD
CAD
TRY (exotic)
the analysis example
ATR
I am not sure either these trend are good for trading or another scrap trend model, especially when considering of its strength and volatility. Give it a try if you think this would benefits you and everybody here. If you are able to elaborate more effective trading basket capability base on the above correlation model, pls don't hesitate to share your thoughts and ideas.
Best regards
Kopra
You do good, Good will come to you. Self deception never succeed.
