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Basket Trading EA

  • #5,221
  • Sep 6, 2014 1:27pm Sep 6, 2014 1:27pm
A quite good & interesting discussion on using EA for trading the basket. I liked it. Let me go through the whole thread, before I give my openion. Till date I never favoured using EA for trading basket.

pandupr2
  • #5,222
  • Edited Sep 7, 2014 4:25pm Sep 6, 2014 10:29pm | Edited Sep 7, 2014 4:25pm
Quoting KopraTasa
My backup trading activities in case if my first trading entry collapse. I use SNR, Trend Lines and trend strength meter for this time. I only entry when H1, H4, Daily and Weekly show same Bullish/Bearish strength. I don't care much to ensure all pairs to hit TP or hit trailing stop...I will exit when 2 TF change color or when I feel the profit enough for me. {image} {image} Winning pips appx 240pips in two hours. I hope you guys could give ideas and more effective method to trade better and take profit in short period. This testing is only for...
hi Kopra,
Which SNR indi are you use? Could you share it's name or file? Thanks!

Best Regards.
XiaoPeng
  • #5,223
  • Sep 7, 2014 3:33am Sep 7, 2014 3:33am
I'm going to run this EA on a remote server, any body has got the idea that how much RAM is needed for the server?
(256mb , 512mb or more?)
  • #5,224
  • Sep 7, 2014 5:16am Sep 7, 2014 5:16am
Hello seller9, can you please look at the following screenshots and setfile and help me understand why the EA didn't take a short trade?

As you can see in the five pictures, the EA took a long trade on a demo account a week ago, and then I closed the trade manually, logged in to a LIVE account, and double checked my settings, and started the TRADING button.

As you can see by my set file, I am baffled as to why it did not place a short. That is question #1.

Here is question #2: According to your “getting started” video, at 0:29:12, and again at 0:40:48, you go into detail about how the EA (Entry 0, ix0-1 cross for entry, ix0-2 cross for exit) will open after a confirmation at the open of the second candle.

What if I'm in a long position, and the trade closes on the ix0-2 confirmation, but a good entry for a short happens at the same time on the ix01??? Will the long trade close and immediately open (at the next candle) a short? Or do I need to set “one trade per candle” to FALSE for that to happen?

In other words, if the price action goes from long to short during the same set of candles (as happened here) on both the ix01 and the ix02.... what happens?

It seems to me that the EA kind of wants to get you in and out, and then wait for the next cross. This means you are missing half the trades as it is only putting you in when the next one comes around, often days later. And it kind of gets you trading in only one direction.

I hope you can help answer this as I have struggled with this for 3 days now.

Thank you! Darran.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1 jpy7 sat morning.png Size: 68 KB
Click to Enlarge Name: 2 jpy7 tues evening.png Size: 66 KB
Click to Enlarge Name: 3 Wed 5pm JPY7.png Size: 71 KB
Click to Enlarge Name: 4 Fri Morning JPY7.png Size: 70 KB
Click to Enlarge Name: 5 jpy7 sun afternoon.png Size: 117 KB
Attached File(s)
File Type: txt seller9 jpy7_0.01 lots_preset.txt   3 KB | 395 downloads
  • #5,225
  • Sep 7, 2014 5:23am Sep 7, 2014 5:23am
Quoting kasrafx
I'm going to run this EA on a remote server, any body has got the idea that how much RAM is needed for the server? (256mb , 512mb or more?)
kasrafx, I have 1,034MB and I OFTEN wish I had more. But with my VPS company, the price jumps up four times to upgrade past the 1,034MB arena, so that's where I'm at right now, especially until I can get the EA to take a trade! Darran
  • #5,226
  • Sep 7, 2014 5:42am Sep 7, 2014 5:42am
By the way, I started up the trading on the LIVE account about the time picture #3 was taken, before there was a cross in ix01. So the cross would have to have happened on the next candle, and should have been taken as a short.
  • #5,227
  • Sep 7, 2014 6:41am Sep 7, 2014 6:41am
Hey Seller9,

I've just spent the past 2 days reading this thread, and can't wait to put your EA's & scripts to work. Great job!

I don't know if you're still interested in inverting data for some pairs, but, just in case, I found two offline chart creators that can do the job...

1. PipsForLife's P4L PeriodCon.mq4, and

2. ForexSam's Inverse Chart v1.01.mq4.

They use different methods to invert the prices to create offline charts, but I'm sure you can adapt either method to create basket charts so they better represent a mixed basket of buys and sells.

The following is by no means a request for change, but merely a possible method to make it easier for users to create mixed baskets...

In the Basket Writer EA, the buttons for the symbols become 3-way toggles... Click once for straight inclusion. twice for inversion, and a 3rd time to de-select a symbol... Any symbol that is inverted gets a minus sign in front of its name (both on-screen, and in the text file(s))... When you load the text file into the Offline Chart creator, it inverts the chart info for symbols with the minus sign before adding them to the final chart info... When you load the text file into the Basket Trader, it will automatically reverse the trade direction for any symbols that have a minus in front of their names.

We would be able to create baskets consisting of symbols of >=80% correlation with symbols of <=-80% correlation, and know that both the offline chart, and the BT EA will reflect the inversion.

Again, thank you, Seller9 for the wonderful set of tools And to the participants in this thread that have shared settings, trade set-ups, and analyses, thank you all I have learnt many things during this weekend's marathon reading session, and I'm sure to learn much more in my attempts to apply them

Take care,

&

Have fun!

Radar =8^)
Attached File(s)
File Type: mq4 P4L PeriodCon.mq4   60 KB | 390 downloads
File Type: mq4 Inverse Chart v1.01.mq4   5 KB | 411 downloads
  • #5,228
  • Sep 7, 2014 7:48am Sep 7, 2014 7:48am
Hello everyone
first of all congratulations to seller and all of you for this great indicator. I have read all the posts, but I could not understand why the indicator does not work for me.
I have downloaded "Getting_Started" from the first page, I ran all the instructions contained in the video, but finding some problems. I do not know if am I doing something wrong, if there is something wrong with my MT4 or in my PC. Who can help me?


Start by ForceLoadHistoricalData, view image, was removed automatically, why?

Attached Image (click to enlarge)
Click to Enlarge Name: Immagine1.jpg Size: 278 KB


continue with Basket_Writer_v3_670, view image, nothing appears, no arrow present, why?

Attached Image (click to enlarge)
Click to Enlarge Name: Immagine2.jpg Size: 184 KB


I hope someone can help me!
  • #5,229
  • Sep 7, 2014 7:51am Sep 7, 2014 7:51am
Seller90 ı apreciated your works on this basket trading.I want to create a system,a bit different from yours.Can you help me about this
  • #5,230
  • Sep 7, 2014 3:02pm Sep 7, 2014 3:02pm
Quoting KopraTasa
Hi guys... I hope after this nobody argue or having negative thoughts and wrong perceptions on basket trading and BT EA. If I'm not mistaken, basket trading has been establish since 2007 by T101. As time goes by, traders and coders keep on improving the system and simplified this trading method to suit with present situation. For me, it is not an issue either using lagging indi or leading indi/techniques...as long you're happy and profitable. I myself is 100% user of this BT EA and it's indies and try to extend my knowledge with leading techniques...
Dude,

Don't get me wrong. I'm apologize if I was being aggressive on previous posts. What I want to point out was what's the right way to trade this basket.

And a lot of people out there including me do not have anything at all to see apart from "Hey, doing XXXX and it worked" or "Seeing this and it worked".

On my previous post was about how we as a community work out on how to trade basket base on this thread. Should we use Indy? If not, when do we buy or sell?

I think it will save alot of time for you and the rest of others.
  • #5,231
  • Sep 7, 2014 3:43pm Sep 7, 2014 3:43pm
Quoting darranforex
{quote} kasrafx, I have 1,034MB and I OFTEN wish I had more. But with my VPS company, the price jumps up four times to upgrade past the 1,034MB arena, so that's where I'm at right now, especially until I can get the EA to take a trade! Darran
hi Darran,
Amzon's AWS can Free tiral 1 years, if use windows os on server ,has 1 CPU,1 GB memory and 750 hours/month to free use, you can try it. http://aws.amazon.com/

Best Regards.
XiaoPeng
  • #5,232
  • Sep 7, 2014 4:18pm Sep 7, 2014 4:18pm
Quoting s33217169
{quote} hi Darran, Amzon's AWS can Free tiral 1 years, if use windows os on server ,has 1 CPU,1 GB memory and 750 hours/month to free use, you can try it. http://aws.amazon.com/ Best Regards. XiaoPeng
That's right. AWS offer 750 hrs Free tier on their micro which is 1GB RAM running windows or linux for 1 year. For Windows you can use RDP (Windows remote desktop) to run your mt4, etc.

BTW, Darran. I'm in Thailand also. I'm half Thai-British.
  • #5,233
  • Sep 7, 2014 4:46pm Sep 7, 2014 4:46pm
Quoting s33217169
{quote} hi Kopra, Which SNR indi are you use? Could you share it's name or file? Thanks! Best Regards. XiaoPeng

Hi, bro s33217169

No problem.
PM me your email address.

Kopra.
You do good, Good will come to you. Self deception never succeed.
  • #5,234
  • Sep 7, 2014 5:26pm Sep 7, 2014 5:26pm
Quoting neomatic
{quote} Dude, Don't get me wrong. I'm apologize if I was being aggressive on previous posts. What I want to point out was what's the right way to trade this basket. And a lot of people out there including me do not have anything at all to see apart from "Hey, doing XXXX and it worked" or "Seeing this and it worked". On my previous post was about how we as a community work out on how to trade basket base on this thread. Should we use Indy? If not, when do we buy or sell? I think it will save alot of time for you and the rest of others.

Hey neomatic,

it is only general statement and nothing personal. Just to high light to everybody that our BT EA are working well and profitable.
the package including EA and lagging indi but with specific rules, training and determinations....it seems that BT EA able to give golden eggs to the user.
so, I'm one of the BT EA user wish to clarify. You may check every info, indi and tutorial vids of BT EA at #1st post written by seller9 to start the learning and practising immediately.

Who ever still striving to find profitable trading tools.....so this is the proven one with excellent support available and active.

Timing and method of analysis are very important because it will give higher winning probability and volume. Any suggestions are most welcome and I am much oblige to your techniques and share the outcome. Anything related to BT EA system, pls contact seller9 for further requirements and suggestions.

My english not so good bro, sometime can make people confuse and misunderstanding. Hope for your mutual understanding.

Cheers bro traders and happy trading.
Kopra.
You do good, Good will come to you. Self deception never succeed.
  • #5,235
  • Sep 8, 2014 1:40am Sep 8, 2014 1:40am
Quoting mikeimas
{quote} hello Aromos; here is the indicator it is actually available on the MT4 platform it self just by making a search. I do not claim any ownership over the indicator, but it is pretty simple to use like most indicators. {file}
Thank you mikeimas!
  • #5,236
  • Edited 2:01am Sep 8, 2014 1:48am | Edited 2:01am
start of new week
traditional enter,gbp5, manual trading,got my 140 pips(with spread)
live account
http://i6.pixs.ru/storage/6/2/7/Trad...1_13748627.gif
  • #5,237
  • Edited 2:41am Sep 8, 2014 2:13am | Edited 2:41am
Hi guys,

I'm done with Asian Session.

Look at weekly TF and entry at H1 TF.
JPY basket pair selection not so good but decided to entry due to technical probability...win little bit spend for KFC tonight.

Attached Image (click to enlarge)
Click to Enlarge Name: GBP-H1.png Size: 193 KB

Attached Image (click to enlarge)
Click to Enlarge Name: JPY-H1.png Size: 142 KB


EDIT: PIPS INFO
Attached Image


Best regards
Kopra
You do good, Good will come to you. Self deception never succeed.
  • #5,238
  • Sep 8, 2014 2:53am Sep 8, 2014 2:53am
Quoting KopraTasa
Hi guys, I'm done with Asian Session. Look at weekly TF and entry at H1 TF. JPY basket pair selection not so good but decided to entry due to technical probability...win little bit spend for KFC tonight. {image} {image} EDIT: PIPS INFO {image} Best regards Kopra
Hi Kopra,

Why your Yen basket was according to GBPJPY?
I thought that JPY should look at major pair of USDJPY and look for cross pair.
Please advice.

Happy pips to you.
  • #5,239
  • Sep 8, 2014 3:13am Sep 8, 2014 3:13am
Quoting KopraTasa
Hi guys, I'm done with Asian Session. Look at weekly TF and entry at H1 TF. JPY basket pair selection not so good but decided to entry due to technical probability...win little bit spend for KFC tonight. {image} {image} EDIT: PIPS INFO {image} Best regards Kopra

Hi Kopra, kindly share your SNR indicators, they look spot on.

Regards
  • #5,240
  • Sep 8, 2014 3:15am Sep 8, 2014 3:15am
Quoting rixon227
{quote} Hi Kopra, Why your Yen basket was according to GBPJPY? I thought that JPY should look at major pair of USDJPY and look for cross pair. Please advice. Happy pips to you.

Hi bro rixon227.

I don't look at GBPJPY bro...I look the whole JPY7 basket.
I never define and look for majors and cross until now.
If you check T101 method, GBPJPY is at upper channel and going to bearish soon at that time.
USDJPY at near middle channel with -68% trend strength but GBPJPY is +94% (means GBPJPY will produce more short pips after open 1-2 new bar)
This is only additional analysis and I rely a lot on weekly TF forecast to make BUY/SELL decision.

Still not so good bcoz lack of knowledge on major to cross pairs. will learn with our sifu sam/paul soon.
Few months ago I use higher TF as reference too but with diff approach and my buddy sharemasters2 did comment on my method that time.

Kopra.
You do good, Good will come to you. Self deception never succeed.
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