Disliked{quote} Look in your file folder dit you put the files in the file folder of mt4?,dit you put the pair suffix in the EA? ,Is the name of the file in the file folder the same as the name you have put in the EA? If that all is oke put enable pairlink-->treuIgnored
- #4,682
- Jul 22, 2014 11:40am Jul 22, 2014 11:40am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
{quote} janm Cannot find files for the file folder it is not in BT_14_v21 , If u can please send me that file . Thanks
Apparently you are not using the Basket Writer EA which would make it much easier to create these files.
- #4,688
- Jul 23, 2014 5:23pm Jul 23, 2014 5:23pm
This is an example indi that shows the strength of currencies.We can arrange Basket writer according to that.http://www.mql5.com/en/charts/215759...-division1.Tis is the scene of the indi.
Alert Buy(green) currency;when it crosses up 0.20 horizantal line.
Alert Sell(red) currency;when it crosses down -0.20 horizantal line.
On basket writer there will be pairs that we select.İt will give order when there was 2 inverse(red,green)alert on the pair.On the scene we see a hard sell(red) alert on NZD .And buy(green) alerts on CAD,EUR,USJ,GBP,CHF.Then a similar type of Basket writer that you had coded before will find the right orders automatically.İt may give orders automatically or manually as optional.
On the other graphic there will be a simple order and equity manager.İts options will be like that;
Order management;true or false
Close X percent TP;Y pips
Close X percent SL;Z pips (X,Y,Z optional)
Equity management;true or false
Close X percent on Equity TP;Y dollars
Close X percent on Equity SL;Z dollars
I hope that ı could tell what ı ment.We can modify it also together .And I think that it will be more simple and useful.İ hope you think so
The AH HA moment - part 2when 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}
I was wondering if there is any way you can help us with the resource you use in checking your Exotic Currency Correlation back data - is it an indicator or a web based service. Would appreciate your assistance.
Thanks.
Happy pipping!
- #4,694
- Jul 24, 2014 9:57am Jul 24, 2014 9:57am
{quote} Hi Kopra, I would really appreciate that a lot. But to be more specific, I'm kind of curious as to the exact one you used in Post #4,471 [http://www.forexfactory.com/showthre...67#post7568867], is that a web based dashboard or an indicator? Thanks for the Youtube idea, that's always a great resource to learn almost anything thinkable. Thanks while waiting for the links.
here is the tutorial link (youtube)
Inserted Video
what you have seen on the screenshot attached is spreadsheet. I use MS Excel 2007 same like the tutorial video. I just decorate it to look like a dashboard and I add bar chart to it but I think the chart is not necessary...just for cosmetic purposes...
Hope this will help you and wish you success.
Kopra
You do good, Good will come to you. Self deception never succeed.
{quote} here is the tutorial link (youtube) http://youtu.be/HlP_NuYBjWc what you have seen on the screenshot attached is spreadsheet. I use MS Excel 2007 same like the tutorial video. I just decorate it to look like a dashboard and I add bar chart to it but I think the chart is not necessary...just for cosmetic purposes...
Hi Kopra,
Thanks a million bro for the link. Need to fully explore more and clear all possible doubts from my mind and become more confident with correlation and using the basket as a full trading tool. Thanks to seller9 for such a wonderful tool.
That's a lot of cosmetic effects on that Excel sheet of yours - really.
Happy Pipping bro!
- #4,699
- Jul 24, 2014 10:14pm Jul 24, 2014 10:14pm
{quote} here is the tutorial link (youtube) http://youtu.be/HlP_NuYBjWc what you have seen on the screenshot attached is spreadsheet. I use MS Excel 2007 same like the tutorial video. I just decorate it to look like a dashboard and I add bar chart to it but I think the chart is not necessary...just for cosmetic purposes...
Great input and info. I have set up a EURTRY/USDTRY basket with your settings. It looks as though when it gets into a trend it goes for awhile. The only down side is the super hi spread. What do you think of a nice move long?
Thanks for your time and opinion
- #4,700
- Edited 12:40am Jul 25, 2014 12:25am | Edited 12:40am
{quote} Hey Kopra, Great input and info. I have set up a EURTRY/USDTRY basket with your settings. It looks as though when it gets into a trend it goes for awhile. The only down side is the super hi spread. What do you think of a nice move long? {image} Thanks for your time and opinion
Hi Roger7777,
Yes sir, I can see the characteristic of ET/UT is fast moving price and after that it will slow down and cs start to ranging to a certain period. Most active cs movement starts 2 hours before UK session and 2 hours after NY session starts. Regarding spread issue...my broker offer 25pips for both pair during high volatility period and it can go up to 60pips during low volatility period. I don't have any problem on spread because it can cover at one single bar with-in few minutes if you make a right entry.
I wish to share with you few tips on my entry and early detection before ranging took place (it is also become my exit). It is not perfect but it worked for me most of the time....only for ET/UT basket. I also look into higher TF as reference like daily, weekly and monthly pivot and also major trend.
Hope this will give you an idea to make it better.
Wish you success.
Regards
Kopra.
You do good, Good will come to you. Self deception never succeed.