Basket Trading EA

Quoting sharemaster2

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{quote} It is better to either not include negative correlated pairs in the same basket, or your create another basket for the pairs or better still change them in the EA so they are traded negatively from the rest of the basket. You must have seen some traders doing it in this thread. All the best.

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Quoting Pipotron

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{quote} Hi there, Is there a way to reverse more than 2 pairs with BT 14? Seems like only Pairs 1 and 2 can be reversed.

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Quoting Smknyc

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{quote} Be creative think out of the BOX, EA is limited to two reverse pair for now. Split basket in two trade one long one short.

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Quoting Pipotron

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Hi Leo, Is there a reason why EURAUD should be sold? Or should we sell AUD against all strong cur and buy AUD against all weak ones in order to have some form of a hedge? From yesterday's PA, USD, JPY is strong while AUD and NZD is weak. So a small basket might look like this? Short - AUDUSD, AUDJPY, NZDUSD, NZDJPY Long - AUDNZD All comments are greatly appreciated.

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Quoting seller9

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Its nice to see so many contribute so much help to the new member, keep it up. I will be doing an update to the next version in the next week, there will be just a couple additions. 1) More reverse pairs will be added. 2) A time to trade window will be added so if your not able to be around for something like a news event you will be able to set up the EA and then set a time when you would like it to start and stop looking for trades, this may come in handy for news events. Happy piping to all

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Quoting janm

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Nice agrassive entry {image}

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Quoting hukam

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{quote} money rain down {image}

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Quoting bazze

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{image}

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Quoting seller9

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Here is the CAD basket I was trading last night, I set it up as a PO long or short and let it go to see what the news would be. As you can see I forgot to reverse the first 2 pairs as I was going to do but it slip through the cracks. You could of also made 2 separate baskets out of it. It did work out OK regardless of the trader being asleep at the controls, I could have doubled my returns if I had reversed the first 2 pairs. {image} {image}

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Quoting KopraTasa

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Hi sam, NY open not so good entry...I still need to understand and practice more on: 1. Selection of valid currency pairs-BUY or SELL. 2. Late entry - PO line setting maybe to far. Here is my NY session trading chart screenshot for your observation and comment. {image} Regards. Kopra

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Quoting Roger7777

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Just want to share some results of what I have used via Sam's/Paul's advice. I tried this for the first time last night with outstanding results. The following is what I did: At the end of the NY session I looked at all my single pairs (1h charts) and divided them buy trend, up or down. I picked the strongest ones and put them in one BUY basket and one Sell, 1H charts. On each chart I put a vertical line at the daily open and the Asian open. I put horizontal lines at the first and second resistance/support and yellow horizontal lines at the daily...

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Quoting KopraTasa

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{quote} Hi bazze, you only need to type-in "JPY" in Basket Name column at basket create EA . The number(s) will appear after you select the pairs. If you select 7 currency pairs, then you click Create Basket Text button....you'll get the trading basket name as JPY7 automatically. {image} Happy trading. Kopra.

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Quoting KopraTasa

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Hi sam, NY open not so good entry...I still need to understand and practice more on: 1. Selection of valid currency pairs-BUY or SELL. 2. Late entry - PO line setting maybe to far. Here is my NY session trading chart screenshot for your observation and comment. {image} Regards. Kopra

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