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Basket Trading EA

  • #4,761
  • Jul 31, 2014 11:38am Jul 31, 2014 11:38am
Quoting jimbnc
{quote} Hey Roger, Our group has a meeting room every night in which we use GOTO Meeting..Sellar is in our room along with other traders who are deeply discussing this technique we all have been posting. I would like to invite you to the room if you would like to join us in discussing this approach. You can email me at [email protected]. Thanks and we look forward to talking more to you.. Jimmy
Jimmy,
Thank you for the invite. I would be honored to join you, but give me a few days, a lot going on right now. I'll drop you a line at the email address you provided. Thank you.
  • #4,762
  • Jul 31, 2014 11:48am Jul 31, 2014 11:48am
Quoting Roger7777
{quote} Hey Seller, What would be better for entry, BO or PO. I know the pros and cons of both, do you prefer the BO? And why? Thanks for all you do.
I have been trading the M15 and using the BO (candle close above/below BO line)
If you trade higher time frames the PO may work better (PA touch BO line)
  • #4,763
  • Jul 31, 2014 12:19pm Jul 31, 2014 12:19pm
Quoting seller9
{quote} I have been trading the M15 and using the BO (candle close above/below BO line) If you trade higher time frames the PO may work better (PA touch BO line)
Copy all, thanks again. Go Pack!!!!
  • #4,764
  • Jul 31, 2014 12:40pm Jul 31, 2014 12:40pm
Today and yesterday I took 4 trades all winners,taken on Harmonics and strength/weakness.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Trade Closed-7-30---17-9.gif Size: 49 KB
Click to Enlarge Name: Trade Closed-7-30---21-20.gif Size: 54 KB
Click to Enlarge Name: Trade Closed-7-31---11-58.gif Size: 55 KB
Click to Enlarge Name: Trade Closed-7-31---18-16.gif Size: 56 KB
Only Gold and silver
  • #4,765
  • Jul 31, 2014 5:38pm Jul 31, 2014 5:38pm
Hi guys and Thanx to seller9 for all you have done, great thread here!! i have a quick question... i have installed everything and create the basket chart..EA works great... what i would like to understand is how the pips count is made in those charts.. every time i use the cross hair between 2 points i see distance like 900 pips but the reality is after i take the trade i have only made like 30 pips.. just wonder if there is a way to calculate the real pips between 2 points using the cross hair..
Thanks!
  • #4,766
  • Jul 31, 2014 7:06pm Jul 31, 2014 7:06pm
Quoting AtApi
Hi guys and Thanx to seller9 for all you have done, great thread here!! i have a quick question... i have installed everything and create the basket chart..EA works great... what i would like to understand is how the pips count is made in those charts.. every time i use the cross hair between 2 points i see distance like 900 pips but the reality is after i take the trade i have only made like 30 pips.. just wonder if there is a way to calculate the real pips between 2 points using the cross hair.. Thanks!

Welcome Mr. ATAPI, Yes this is a great thread and great ea..Drop the right hand side two numbers when you drag the crosshairs on the chart...Good Luck...

Jimmy (BOBO)
  • #4,767
  • Jul 31, 2014 8:13pm Jul 31, 2014 8:13pm
Quoting jimbnc
{quote} Welcome Mr. ATAPI, Yes this is a great thread and great ea..Drop the right hand side two numbers when you drag the crosshairs on the chart...Good Luck... Jimmy (BOBO)

Thank you jimbnc!! now it is all clear! just the Basket Creator indicator worth 1M $$!! my to seller9 and all the forexfactory crew!.. this remind me a project i started some time ago.. i was trying to create synthetic charts from pairs not offered by my broker combining the strongest with the weakest and staying on the buy side..(quick example: EUR/MXN) but now thanx to seller9 a whole new world just opened! so again thank you very much!!
  • #4,768
  • Jul 31, 2014 9:26pm Jul 31, 2014 9:26pm
Quoting janm
Today and yesterday I took 4 trades all winners,taken on Harmonics and strength/weakness. {image} {image} {image} {image}

Hi Janm,

Nice to seeing you traded successfully by using seller9 tools.
would you mind elaborate more in words and pictures.

Thanks,
Ooi
  • #4,769
  • Aug 1, 2014 2:35am Aug 1, 2014 2:35am
Quoting jimbnc
{quote} Hey Roger, Our group has a meeting room every night in which we use GOTO Meeting..Sellar is in our room along with other traders who are deeply discussing this technique we all have been posting. I would like to invite you to the room if you would like to join us in discussing this approach. You can email me at [email protected]. Thanks and we look forward to talking more to you.. Jimmy
Hi jimbnc,
i would like to join this meeting to learn from all the Masters!
Wish to join the group to improve my basket trading skill.
Please allow me to join.

thank you
Ooi
  • #4,770
  • Aug 1, 2014 9:22am Aug 1, 2014 9:22am
Hi All,

Firstly - Thank you Seller9 for building and sharing this EA!

I just downloaded Getting Started Package and followed up the Getting Started Video.

When running the EA: BT_14_v22_670et I am getting messages indicating that indicators version 646et can not be loaded.

2014.08.01 07:39:02.806 Cannot open file 'C:\Users\adam\AppData\Roaming\MetaQuotes\Terminal\3A063A0D95D8FFFFA3F1FE2E0C754FB1\MQL4\indicators\Heiken_Ashi_Smoothed_v2_646et.ex4' [2]

I have on my system only indicators vs 670et

I am not sure what the problem is, but I think that the following comment may be incorrect:

Be sure to use the build 670et versions with the new version 22 EA as it looks for the 670 name for the indicators.
It looks like that build 670et is trying to load previous version of indicators?

Attached Image (click to enlarge)
Click to Enlarge Name: mt4.png Size: 95 KB


Cheers
  • #4,771
  • Aug 1, 2014 9:39am Aug 1, 2014 9:39am
Quoting ziutek
Hi All, Firstly - Thank you Seller9 for building and sharing this EA! I just downloaded Getting Started Package and followed up the Getting Started Video. When running the EA: BT_14_v22_670et I am getting messages indicating that indicators version 646et can not be loaded. 2014.08.01 07:39:02.806 Cannot open file 'C:\Users\adam\AppData\Roaming\MetaQuotes\Terminal\3A063A0D95D8FFFFA3F1FE2E0C754FB1\MQL4\indicators\Heiken_Ashi_Smoothed_v2_646et.ex4' [2] I have on my system only indicators vs 670et I am not sure what the problem is, but I think that...
Sorry about that, I thought I had changed that in the EA.

Here are the 646 files, they are the same as 670, use them for now and I will take a look at the EA.

Put these in the indicator folder, the same place as the 670 files.

I updated the the EA in the first post also, apparently I forgot to do that before when I had updated the EA.

Attached File(s)
File Type: zip 646 files.zip   22 KB | 968 downloads
  • #4,772
  • Aug 1, 2014 11:57am Aug 1, 2014 11:57am
Hi there,

So what profit percentages per day and/or per month are you guys getting with this program? And drawdown?
  • #4,773
  • Aug 1, 2014 3:09pm Aug 1, 2014 3:09pm
Quoting harrisonw
Hi there, So what profit percentages per day and/or per month are you guys getting with this program? And drawdown?
It all depends on the traders experience and MM. There is no system out there where you can just blindly apply a robot and walk away.

The Robot is only a small piece of the equation, the traders ability makes up the rest.

An experienced trader can make money with a poor system.

An inexperienced trader will blow his account with a great system.

It takes months and years to learn how to trade Forex and then it will still jump up and bite you when you are not paying attention.

You don't get a degree in anything over night and you shouldn't look to become an expert trader overnight either.

There are tons of $99 Robots that say they can make you rich over night, this one makes no claims, if it works for you great, if not, so be it.

I use to say Good Luck, but Luck, Hope, and wishful thinking should not be part of your trading vocabulary.

So all I will say now is, Carry ON
  • #4,774
  • Aug 1, 2014 3:59pm Aug 1, 2014 3:59pm
Yes, I totally agree. I have never used an ea. I do all of my own trades but this seemed very interesting so I was curious as to what the profits and drawdowns have been.
  • #4,775
  • Aug 2, 2014 11:12am Aug 2, 2014 11:12am
Seller9 ı appreciate your huge knowledge about mt4 and trading.But, according to me simple one will be the best one.Why you need either indicators.The best indicator must be currency strength and the change of it must be determinant of what we should trade.I had sent you forex dashboar full which shows currency and pairs strengths as percentage so easy to create an individual EA according to just percentage lines.Your indicator BT CS V1 is also ggod one but its hard evaluate them as strength zones becouse their values change on different time frames.Anyway it can be used on certain time frame as trade determittant also merely with the pairs that we shall select. Trades will go on like the balls onthe table without interupting them according to any indicator rules.Arent all indicator values depends on currency strengths.As a summary we shall make a big currencıes table with percentage lines or value lines on it.And currencies will be traded continously on it with our order rules according to that table.İ know that its too hard to tell what ı mean bt if you interest ı ll be glad to tell about them.İt can be done as a software ,its better you know.
  • #4,776
  • Aug 2, 2014 10:03pm Aug 2, 2014 10:03pm
Hi Seller9,

Quoting seller9
{quote} The Robot is only a small piece of the equation, the traders ability makes up the rest. An experienced trader can make money with a poor system. An inexperienced trader will blow his account with a great system.

Forgive me but the above statement is so generic.
Can you please share some practical suggestions, on how to become the experienced trader?

I know that Van Tharp is making similar statements - 90% of success is psychological and 10% system quality.
But I simply do not get it.

If you have a good system which works consistently, will you have psychological problems to follow it up?
I accept, that if you trade something manually, you are subject to emotions, but
If you use a robot, a machine not affected by psychology.

My understanding is as follows:

If we have a good strategy, this is a very good starting point;
You add on top of this confidence building measures (backtesting and forward testing).
Add proper money management, risk 0.5% -2% of your capital on each trade, do the analysis and
then you just have to follow the systems without any diversions.

As I personally, can not follow systems manually, and
believe that discretionary systems are untestable,
I am trying to program and build the system which will execute a trading strategy.
But I have no strategy which will give me any confidence, and therfore I am trying to learn from you.
I would like to see what experienced people have achieved.
And I am so impressed by you sharing your knowledge and skills on the forum.


So I see that you have build a great EA; A lot of people are contributing to its enhancement and testing.
And I am totally lost when you saying that trading success is not about making this robot run with previously tested settings and and parameters.

Can you please kindly explain how an experienced trader will use it then?

Where to learn more?

How to get the necessary skills and experience?

Cheers
  • #4,777
  • Aug 3, 2014 1:47pm Aug 3, 2014 1:47pm
Quoting seller9
{quote} You don't get a degree in anything over night and you shouldn't look to become an expert trader overnight either. There are tons of $99 Robots that say they can make you rich over night, this one makes no claims, if it works for you great, if not, so be it. I use to say Good Luck, but Luck, Hope, and wishful thinking should not be part of your trading vocabulary. So all I will say now is, Carry ON
I completely agree. Well stated...
  • #4,778
  • Aug 3, 2014 10:48pm Aug 3, 2014 10:48pm
Hey guys,

I keep getting this error when I try and upload the "force load historical data"

2014.08.03 20:46:08.747 HistoryBase: 1002 errors in '##JPY700240'


Any idea on how to fix this?

Thanks,

Harrison
  • #4,779
  • Aug 4, 2014 3:36am Aug 4, 2014 3:36am
Hey guys, have just followed the Youtube video exactly as shown, am using broker with build 670, and I am getting error messages saying the 7 JPY pairs are not in the watch list.

Any possible fixes for this error, or is it an MT4 bug related to the current build?

Any and all offers of help appreciated.

Kirk.
Trade to Live - Don't Live to Trade
  • #4,780
  • Aug 4, 2014 3:41am Aug 4, 2014 3:41am
Quoting kirkleaforex
Hey guys, have just followed the Youtube video exactly as shown, am using broker with build 670, and I am getting error messages saying the 7 JPY pairs are not in the watch list.
every pair, which you want to trade or use in mt4, has to be in the watchlist of your mt4 instance. the watchlist is this "market watch" thing on the left side of your mt4, where you see the pairs and the current bid and ask. if some pairs don't appear, then add them via right click -> symbols.
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