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Basket Trading EA

  • #4,581
  • Jul 10, 2014 4:00am Jul 10, 2014 4:00am
Quoting seller9
{quote} I am experimenting this week and next on the JPY7 pair basket on the H4 time frame letting the EA determine which way to trade each pair determined by the strength of each currency. For now the EA I am testing uses the currency strengths that are shown across the top of the chart that the EA calculates. I will run 2 separate demos with same settings but one using the strengths and the other not using them for comparison. Below are 2 screen shots showing the C14 basket, one is a manual long and the other a manual short, just to show you the...
Hey Seller
Looks like a great experiment you have going, please keep us informed of the results.
  • #4,582
  • Jul 10, 2014 4:06am Jul 10, 2014 4:06am
Quoting shum
{quote} thx-)) but i dont recive in the white box-restore-word..
What kind Windows operating system you have ?
  • #4,583
  • Jul 10, 2014 5:41am Jul 10, 2014 5:41am
Quoting seller9
{quote} With Windows 7 you go to the Globe in the lower left of your screen and click it, then in the white box type "restore" and you should get a list of things to do. Select "Restore your computer to an earlier time" Then "Open System Restore" Button Click "Next" Check box "Show more restore points" Highlight one that is just before your MT4 update took place. Then Click "Next" Follow directions, should only take a few minutes, and if you had a previous version of MT4 installed it will be restored. When you start MT4 it should ask if you want...
And then.................

 

  1. Open Folder Options by clicking the Start button, clicking Control Panel, clicking Appearance and Personalization, and then clicking Folder Options.
  2. Click the View tab.
  3. Under Advanced settings, click Show hidden files, folders, and drives, and then click OK.
  4. Go to "C" drive, Open ProgramData
  5. Delete file MetaQuotes......... you should get no more updates. If you download another platform you will have to delete MetaQotes again.

  • #4,584
  • Jul 10, 2014 7:29am Jul 10, 2014 7:29am
Quoting seller9
{quote} If anyone has a better idea to select direction for each pair, "I AM ALL EARS" these strengths do lag somewhat, it would be nice to have something that's a little quicker..
In response to trying to get accurate pair strengths and direction perhaps it would help to look to the currency strength reading several time frames lower. The higher time frames have the advantage of smoothing out price action but the shorter time frames could more accurately report the current medium-short term currency strength. So if trading the 4H then when the 4H bar signals entry the expert looks to the 1H, 30m or even 15m chart for currency strength to determine which direction to trade the pairs in the basket.

Seller9: I have a second unrelated comment. At the risk of not KIS, I did notice that you had room for several alternate entry types in your expert after '0''. Was that anticipating the possibility of future additions of entry methods? Is so would this addition to your expert be complementary?

I attached the xSupertrend and xSupertrend MTF indicators to my charts just to compare their entry and trending signals with the 'X01_A_H_v2 ...." indicators. These don't repaint and it seems they usually give an earlier or identical signal to enter as the "X01_A_H"' indicator and avoid over-reacting to small pull backs in the trend. Could you attach your Break out stop level lines to the moving end of the xSupertrend line? This could serve as a close and reverse level. On the close of a bar across the BO line the current trade would be closed and a reverse entry triggered.

I don't intend to mess with your great system. But the handy BO lines and the empty "Ėntries to Use" 1,2,3, etc. started me thinking)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: BT_14_v21-JPY7-1H-xsupertrd.PNG Size: 62 KB
Click to Enlarge Name: BT_14_v21-JPY7-15m-xsupertrd.PNG Size: 68 KB
  • #4,585
  • Jul 10, 2014 10:11am Jul 10, 2014 10:11am
thanks seller,
today's C14 Uni Basket short trade from Aisa to NewYork session endup with +600pips.
regards
hukam
  • #4,586
  • Jul 10, 2014 11:21am Jul 10, 2014 11:21am
Quoting shum
{quote} thx-)) but i dont recive in the white box-restore-word..
You have to type it in the white box
  • #4,587
  • Jul 10, 2014 11:40am Jul 10, 2014 11:40am
Quoting Leomeister
{quote} In response to trying to get accurate pair strengths and direction perhaps it would help to look to the currency strength reading several time frames lower. The higher time frames have the advantage of smoothing out price action but the shorter time frames could more accurately report the current medium-short term currency strength. So if trading the 4H then when the 4H bar signals entry the expert looks to the 1H, 30m or even 15m chart for currency strength to determine which direction to trade the pairs in the basket. Seller9: I have a...
Can you post the indicators so I can have a look at the same ones you are using and see how they compare over time to the HAS and IXOs.

The problem with the currency strength is it is slow when using the same time frame as the trade.
In the H4 test so far on the JPY7 the IXO1 signaled a short and using the H4 strengths the EA reversed the NXDJPY to a Buy and the others were left at a sell.
Turns out right now all are in profit accept for the NZDJPY, which is at a loss, so in this case it did not work.

Will maybe next try looking at a lower time frame strength and see if the results are different when trading the H4.

Also, Entries 1,2,3 are not empty, they are preset entries that have worked in the past under certain conditions, of course more could be added, I just don't want this EA to turn into a monster, as so many are having good luck with it at this time.
  • #4,588
  • Jul 10, 2014 11:42am Jul 10, 2014 11:42am
Quoting hukam
thanks seller, today's C14 Uni Basket short trade from Aisa to NewYork session endup with +600pips. regards hukam
Nice going, depending on your lot size that can be a nice chunk of change.

Good Luck
  • #4,589
  • Jul 10, 2014 1:45pm Jul 10, 2014 1:45pm
Here is a long JPY7 H1 trade I took to see what would happen.
I missed the IXO1 EA automatic entry as I was out of the room and didn't have the EA running, so I jumped in one bar later with a manual trade anyway as the price was still in the same area.
I am also showing a screen shot of the present H1 charts of the 7 JPY7 pairs, also you can see on the basket H1 chart JPY is still at the top of the heap as far as strength goes.
I have added HTP and HTSL points for the Robot to use to manage the trade from here on.

Attached Image (click to enlarge)
Click to Enlarge Name: JPY7_Pairs.jpg Size: 734 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Basket_Trade.jpg Size: 551 KB
  • #4,590
  • Jul 10, 2014 1:52pm Jul 10, 2014 1:52pm
Quoting x58
{quote} What kind Windows operating system you have ?
windows 7 ultimate

Quoting seller9
{quote} You have to type it in the white box
well..i do this, but nothing apear..
my windous is rusian version
  • #4,591
  • Jul 10, 2014 2:04pm Jul 10, 2014 2:04pm
Quoting seller9
Here is a long JPY7 H1 trade I took to see what would happen. I missed the IXO1 EA automatic entry as I was out of the room and didn't have the EA running, so I jumped in one bar later with a manual trade anyway as the price was still in the same area. I am also showing a screen shot of the present H1 charts of the 7 JPY7 pairs, also you can see on the basket H1 chart JPY is still at the top of the heap as far as strength goes. I have added HTP and HTSL points for the Robot to use to manage the trade from here on. {image} {image}
so..if im understand corectly, jpy is in the top,
box show that all basket is red..-we go long?
when box show all basket green strenght, and jpy isnt more in top, it mey be in red zone..-we go short?

http://i7.pixs.ru/storage/2/3/9/Bask...1_12926239.jpg
  • #4,592
  • Jul 10, 2014 2:49pm Jul 10, 2014 2:49pm
Quoting shum
{quote} so..if im understand corectly, jpy is in the top, box show that all basket is red..-we go long? when box show all basket green strenght, and jpy isnt more in top, it mey be in red zone..-we go short? {image}
What this shows is JPY is the strongest currency compared to the other 7 currencies at this time.
When trading the JPY7 basket, JPY is the secondary currency and not the base currency, so in this case you would sell the basket because all of the 7 base currencies are weaker than the JPY and these 7 currencies are the base currency (one on left).

So as shown now at this moment you would have been selling the basket, but remember, this strength reading lags, so you could be at a reversal point.
  • #4,593
  • Jul 10, 2014 3:15pm Jul 10, 2014 3:15pm
Trade Update:

Trade still moving in my direction, I moved the HTSL up some to protect some profit and I also did a manual add to trade. Since all 7 pairs had a P/L that was in the green it added 7 more trades, so now I have 14 open trades, 2 on each pair.

HAS is also starting to change color, although not confirmed yet until the present candle closes.

Notice how the currency strengths are lagging behind as they are all still in a sell mode, will be interesting to watch and see when and if they change if this turn up continues.

Attached Image (click to enlarge)
Click to Enlarge Name: Basket_Trade.jpg Size: 532 KB
  • #4,594
  • Jul 10, 2014 4:11pm Jul 10, 2014 4:11pm
Trade Update:

Just watching the currency strengths, the first image is what it looks like on the M30 time frame and the second image is what it looks like on the H1 at the present time, you can see JPY is weaker now on the M30.
Will be interesting to watch and see what happens.

Attached Image (click to enlarge)
Click to Enlarge Name: Strength_M30.gif Size: 5 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Basket.jpg Size: 561 KB
  • #4,595
  • Jul 10, 2014 8:13pm Jul 10, 2014 8:13pm
Quoting seller9
Can you post the indicators so I can have a look at the same ones you are using and see how they compare over time to the HAS and IXOs.
I've attached four files; the original xSuperTrend-MTF, and the original xSuperTrend indicator. Also my amended versions of both. I couldn't get the originals to compile so I removed the periods that had been inserted in the many of the indicator names, then both compiled fine. But you might check the code to be sure there aren't loose ends in the coding. For example, if the basic xSuperTrend indie is used alone on a chart it loads and removes the indicator over and over and generates huge log files. If the MTF version is used on the chart with the basic version in the indicators folder, this doesn't seem to happen.

Both indicators need to be in the MT4 indicator folder with the MTF version on the chart. On the MTF version I've left settings to default except changed ''SuperTrend Auto TF' to False, and then in the time frame box below inserted my current offline chart time in minutes; 15, 60, 240. The indicators were written several years ago so probably Seller9 or others can streamline the code. The S/R boundary line generated seems to give price room to move but picks the trend pivots fairly well. The signals seem to match or precede the I_XO1/2_A_H_v2 indicator. I've been testing it on 15m, 60m and 240m charts.
Attached File(s)
File Type: mq4 xSuperTrend MTF.mq4   6 KB | 397 downloads
File Type: mq4 xSuperTrend MTF-orig.mq4   5 KB | 369 downloads
File Type: mq4 xSuperTrend.mq4   4 KB | 402 downloads
File Type: mq4 xSuperTrend-original.mq4   4 KB | 379 downloads
  • #4,596
  • Jul 10, 2014 10:31pm Jul 10, 2014 10:31pm
Trade update:

Got stopped out, looks like maybe start of ranging period.

Attached Image (click to enlarge)
Click to Enlarge Name: Trade Closed-7-11---1-3.gif Size: 61 KB
  • #4,597
  • Jul 10, 2014 10:43pm Jul 10, 2014 10:43pm
Quoting seller9
Trade update: Got stopped out, looks like maybe start of ranging period. {image}
its good.

 

  1. Monday ranging (C14 no trade, JPY7 ok)
  2. Tuesday = trending
  3. Wednesday=Reversal
  4. Thursday = trending
  5. Friday = Big reversal (watch its closely)

something which is happening commonly, it may or may not help you.


Regards

Hukam

  • #4,598
  • Jul 10, 2014 10:55pm Jul 10, 2014 10:55pm
Quoting seller9
Trade update: Got stopped out, looks like maybe start of ranging period. {image}
my setting (I-XO-A-H, indicator ) are little different than you.
may be try settings too. best for 30min to 1H

  1. 3680
  2. 5180

  • #4,599
  • Jul 10, 2014 10:55pm Jul 10, 2014 10:55pm
Quoting Leomeister
{quote} I've attached four files; the original xSuperTrend-MTF, and the original xSuperTrend indicator. Also my amended versions of both. I couldn't get the originals to compile so I removed the periods that had been inserted in the many of the indicator names, then both compiled fine. But you might check the code to be sure there aren't loose ends in the coding. For example, if the basic xSuperTrend indie is used alone on a chart it loads and removes the indicator over and over and generates huge log files. If the MTF version is used on the chart...
I found this one dated February of 2014 but no mq4 file so I can't check to see if its the same as yours, but it runs OK.
There is also several other indies in the zip file, have you seen these?

Attached File(s)
File Type: zip xSuperTrend b600+.zip   40 KB | 706 downloads
  • #4,600
  • Jul 10, 2014 10:59pm Jul 10, 2014 10:59pm
Quoting hukam
{quote} my setting (I-XO-A-H, indicator ) are little different than you. may be try settings too. best for 30min to 1H 3680 5180
Thanks for the information.
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