Basket Trading EA | Page 224 | 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

  • #4,461
  • Jun 27, 2014 3:24pm Jun 27, 2014 3:24pm
Quoting Langour
{quote} Thank you for your feedback prof. Now, I changed the "MaxSpreadEachPair" value to 10.(10*7=70). The spread it white now, no more red. Will This solve the spread problem. Thank u in advance for your help and support
Yes, but that is a lot of spread, I never use more than 4.

If your Broker's spreads are always that wide you should probably look for a different one.
This spread filter protects you from getting into a trade when the spread has become too wide.
  • #4,462
  • Jun 27, 2014 3:30pm Jun 27, 2014 3:30pm
Quoting perajok
{quote} Okay, thx for the answer. I have one more Q.. today i tried my own CAD5 m15 basket.. after short signal and some time i was in profit ~20$.. but if take a look at basket offline chart price went down ~6000pips (5 digits broker). So why so small profit? I used 0.03 lot and only one trade per pair, 1:500 leverage. Any comment?.. I just want to know - if i see 6000pips profit on offline chart it means i have 6000pips real profit or it means nothing?
Since build 646 came out the pip reading on the chart when using the mouse and cursor is off by 1 digit, put the decimal point 2 places from the right.

So if the entire number is 6000, the pips are probably 60.00 pips.

On a single pair chart it will read normal like previously, it only affects basket charts.
  • #4,463
  • Jun 27, 2014 4:04pm Jun 27, 2014 4:04pm
Quoting seller9
{quote} Yes, but that is a lot of spread, I never use more than 4. If your Broker's spreads are always that wide you should probably look for a different one. This spread filter protects you from getting into a trade when the spread has become too wide.
Thank you very much for your answer.
Really so helpful, i'll may be change my broker, have a nice WE Seller and all guys here
  • #4,464
  • Jun 27, 2014 8:27pm Jun 27, 2014 8:27pm
Forgive me for not understanding, but what is the purpose of this system?

How can you do anything more than speculate with historical information? Also how are you supposed to gain anything useful from an average of all JPY pairs for example?
  • #4,465
  • Jun 28, 2014 5:08am Jun 28, 2014 5:08am
Quoting seller9
{quote} Look at the Getting Started video to see where to place all your indicators and EAs then restart MT4 to be able to see them. Under "File" open "Data Folder" and put them in the folders there, then restart.

Thank you very much seller. I have sorted out the problem.
  • #4,466
  • Jun 28, 2014 11:17pm Jun 28, 2014 11:17pm
EA does not trade if i rerun MetaTrader when he's in "Trading" (with active orders). I can't enable his trading after rerun.. only if delete all basket's orders it starts work well. How to fix this?
  • #4,467
  • Jun 29, 2014 4:43am Jun 29, 2014 4:43am
Hi I just installed the EA but its Sunday. Cant I see anything without a live chart? Offline settings?
Error say
2014.06.29 10:35:16.765 Basket_Writer_v3_646 EURUSDmicro,H1: initialization failed (-1)
2014.06.29 10:35:16.765 Basket_Writer_v3_646 EURUSDmicro,H1: uninit reason 8
Its a live micro account good for test.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #4,468
  • Jun 29, 2014 10:23am Jun 29, 2014 10:23am
Quoting Aaron565
Forgive me for not understanding, but what is the purpose of this system? How can you do anything more than speculate with historical information? Also how are you supposed to gain anything useful from an average of all JPY pairs for example?
The purpose is to make money, which 5 to 10 % of the traders can do, this system requires an understanding of how it works to become a winning trader with it, some have done this.
Some have found it useful, others have taken a look and left, its your decision to make, what ever works for the individual trader, one size doesn't fit all.
There are many other "Holy Grails" out there to choose from, pick one and stick with it, jumping from one system to another never works, or the best idea is to create your own system, one you understand.

All indicators use historical data unless you have a crystal ball, that's were what is between your ears comes into play.
Historical data is very important to see where previous support and resistance may be, that's why they say, "LOOK LEFT", it would be nice if we could see what is off the right edge of the chart, some can, they are called inside traders.

This EA is not a set and forget EA, it only gets you part way towards a better trade, the rest is up to you.

There are a few traders out there that don't need any help to become a winner, they can look at a naked chart and tell exactly what to do next, that takes years to learn, the rest of us just keep plugging along trying every "Holy Grail" out there until that LIGHT goes on and we have the AH HA moment.

Best of trading to everyone
  • #4,469
  • Jun 29, 2014 10:26am Jun 29, 2014 10:26am
Quoting perajok
EA does not trade if i rerun MetaTrader when he's in "Trading" (with active orders). I can't enable his trading after rerun.. only if delete all basket's orders it starts work well. How to fix this?

Try setting this to true.


RestoreTradeSettings = true;
  • #4,470
  • Edited 2:28pm Jun 29, 2014 11:19am | Edited 2:28pm
Well said Seller9... until that LIGHT goes on and we have the AH HA moment.

Lets have a look at everyone's FAV yen crosses lineup from last week. Pull up individual charts on all JPY pairs, with the little know how you will be picking winners just by eyeballing the charts. I have added USDJPY link as an example.. You don't need to trade 10 different baskets to earn a decent living...

BOTTOM LINE pick and choose what you trade

  1. USDJPY -0.24%
    https://charts.mql5.com/5/91/usdjpy-...services-3.png

Attached Images
Trading is Methodical - Markets are Emotional
  • #4,471
  • Jun 29, 2014 11:50am Jun 29, 2014 11:50am
The AH HA moment - part 2

when you understand the importance of historical trading data, you will by hook or by crook to get it work for you to serve your trading purpose.
you will find the AH AH moment when you do your homework. It worth thousand of dollars in daily basis. I defined this as profit simulation.

This is how I found the goldmine...fully utilize historical data to the utmost. Thanks to seller to make me realize the importance.


Regards
Kopra

Attached Image (click to enlarge)
Click to Enlarge Name: EXOTIC BASKET.png Size: 36 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Picture1.png Size: 663 KB
You do good, Good will come to you. Self deception never succeed.
  • #4,472
  • Jun 29, 2014 12:03pm Jun 29, 2014 12:03pm
Quoting KopraTasa
The AH HA moment - part 2 when you understand the importance of historical trading data, you will by hook or by crook to get it work for you to serve your trading purpose. you will find the AH AH moment when you do your homework. It worth thousand of dollars in daily basis. I defined this as profit simulation. This is how I found the goldmine...fully utilize historical data to the utmost. Thanks to seller to make me realize the importance. Regards Kopra {image} {image}
Yes indeed.... Awesome
Trading is Methodical - Markets are Emotional
  • #4,473
  • Jun 29, 2014 12:46pm Jun 29, 2014 12:46pm
Quoting Smknyc
Well said Seller9... until that LIGHT goes on and we have the AH HA moment. Lets have a look at everyone's FAV yen crosses lineup from last week. Pull up individual charts on all JPY pairs, with the little know how you will be picking winners just by eyeballing the charts. I have added USDJPY link as an example.. You don't need to trade 10 different baskets to earn a decent living... BOTTOM LINE pick and choose what you trade USDJPY -0.24% https://charts.mql5.com/5/91/usdjpy-...services-3.png {image} {image} {image} {image}...

Hey Smknyc,

another AH HA phrase....

"BOTTOM LINE pick and choose what you trade.."

we can see distinction results if we look into the "BOTTOM LINE"...do the homework and don't mumble. work with the system.

Awesome Smknyc
You do good, Good will come to you. Self deception never succeed.
  • #4,474
  • Jun 29, 2014 6:14pm Jun 29, 2014 6:14pm
Quoting seller9
{quote} The purpose is to make money, which 5 to 10 % of the traders can do, this system requires an understanding of how it works to become a winning trader with it, some have done this. Some have found it useful, others have taken a look and left, its your decision to make, what ever works for the individual trader, one size doesn't fit all. There are many other "Holy Grails" out there to choose from, pick one and stick with it, jumping from one system to another never works, or the best idea is to create your own system, one you...
Well said Seller9 , also i might add that "if one doesn't see the purpose of something then look for something that has a purpose in his or her Point of View"

The purpose & gain here is to make money $ there is no "HOLY GRAIL" so we gotta study or work hard & help each other to succeed.

Keep up the good work
Don't forget Practice + Patience + Persistence = Profits
  • #4,475
  • Jun 29, 2014 6:22pm Jun 29, 2014 6:22pm
Quoting maxzeus
{quote} Well said Seller9 , also i might add that "if one doesn't see the purpose of something then look for something that has a purpose in his or her Point of View" The purpose & gain is to make money $ there is no "HOLY GRAIL" so we gotta study or work hard & help each other to succeed. Keep up the good work
Yes, I agree, the problem with some is they hear you can get rich in Forex very quickly and they will download or buy an EA and put it on a live account and before you know it they have blown the account.

There is no easy or quick way, it takes time effort and even years to learn how to trade Forex, some won't even read what has been posted before they start asking questions that have been answered many times over.

Good luck to all
  • #4,476
  • Jun 29, 2014 9:37pm Jun 29, 2014 9:37pm
Quoting seller9
OK, here is a video and a zip file with all the needed EAs and Indies to get you set up and running with the JPY7 basket. One thing I forgot to mention is that your Broker's account should have all 28 pairs needed by the basket writer heat map. I have also posted this on the first page. Also, be sure to look at the videos on the EAs and Indies used, as this video does not cover all the details of how they are used. http://youtu.be/P89yl_MlvF8 {file}
I've been using your getting started zip file with all the EAs, however I'm always getting a GBPUSD failed error as shown in the attached file. Would this affect the accuracy of the EA ? I've tried to force load historical data for countless time and it always have the same error.
Attached File(s)
File Type: pdf Gbp-Usd failed.pdf   90 KB | 646 downloads
  • #4,477
  • Jun 30, 2014 4:36am Jun 30, 2014 4:36am
Hi sir seller9,

Thanks for the EA and getting started video for the setup.
If I want to test lower timeframes, are the HAs and IOs setup the same?

Here is a screenshot after attaching the basket writer to m15 chart, is it normal?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 13 KB


after selecting basket, it looks like this...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB
  • #4,478
  • Jun 30, 2014 6:39am Jun 30, 2014 6:39am
Quoting KopraTasa
The AH HA moment - part 2 when you understand the importance of historical trading data, you will by hook or by crook to get it work for you to serve your trading purpose. you will find the AH AH moment when you do your homework. It worth thousand of dollars in daily basis. I defined this as profit simulation. This is how I found the goldmine...fully utilize historical data to the utmost. Thanks to seller to make me realize the importance. Regards Kopra {image} {image}
Quoting Smknyc
Well said Seller9... until that LIGHT goes on and we have the AH HA moment. Lets have a look at everyone's FAV yen crosses lineup from last week. Pull up individual charts on all JPY pairs, with the little know how you will be picking winners just by eyeballing the charts. I have added USDJPY link as an example.. You don't need to trade 10 different baskets to earn a decent living... BOTTOM LINE pick and choose what you trade USDJPY -0.24% https://charts.mql5.com/5/91/usdjpy-...services-3.png {image} {image} {image} {image}...
Hi, boys can you be more explicitly,about what you speak? i dont understand the point of this corelations, and analys of this grups of pairs, how you trade?
  • #4,479
  • Jun 30, 2014 7:24am Jun 30, 2014 7:24am
Greetings,
I have a troubleshooting question to seller9:

Basket writer works fine on ECN account, but returns error if launched on standard account, that is to say: array out of range in 'Basket_Writer_v3_646.mq4' (1088,41)

I tried fresh installing a new mt4 in a separate folder, etc. Nothing helps
Btw, old version of writer for 5/14 pairs works, but I tried a new writer and now willing to create own baskets, thats really amazing, but I counter an error, mentioned above.
  • #4,480
  • Jun 30, 2014 9:22am Jun 30, 2014 9:22am
Quoting icerock
Greetings, I have a troubleshooting question to seller9: Basket writer works fine on ECN account, but returns error if launched on standard account, that is to say: array out of range in 'Basket_Writer_v3_646.mq4' (1088,41) I tried fresh installing a new mt4 in a separate folder, etc. Nothing helps Btw, old version of writer for 5/14 pairs works, but I tried a new writer and now willing to create own baskets, thats really amazing, but I counter an error, mentioned above.
I have the same error on an ECN account : array out of range in 'Basket_Writer_v3_646.mq4' (1088,41) ExcelMarkets
Instead on FxOpen all it's running OK.
4 traders viewing now