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Basket Trading EA

  • #5,281
  • Sep 9, 2014 2:43pm Sep 9, 2014 2:43pm
Quoting KopraTasa
Hi guys, Wish to share with you all on NY session basket pair analysis. I refer to Indices to create custom trading basket. I'm a bit confuse to refer at forex higher TF due to current price range and momentum strength. I feel something is hidden behind the trading scene....about supply and demand, volume and so forth. This is my first time approach to use indices chart and I take this chances rather than sit down and watch Smallville online tv. Got some results out of those analysis and I wish to share the outcome as per attached screen shots below....
Kopra how do you select correct pairs? Your basket (pairs in basket) change every day?
  • #5,282
  • Sep 9, 2014 5:26pm Sep 9, 2014 5:26pm
Quoting StOoOk
Hello guys, I new to this fourm. I have uploaded everything and every thing seems to be alright. however, i've made the Baskets JPY7 and the rest such as C14, C5 etc. I have got one problem i think which is "the entering of the EA on those Baskets i.e selling or buying" what is the perfect entering for each basket and exits also, i have putting IOX 1 crosseing, IOX 2 Crossing and HAS crossing, the setting for HAS as "2,12,2,4 and for IOX 1 is 1060 and IOX 2 is 1560 for 1H frame. I opend yesterday "manually" long on JPY7 and hit the TP . the settings...
Hello Stook,
Like you, I entered the "active" part of the forum recently (about 2 months ago), as I was reading all the pages of the forums by seller9 that preceded this one, and then thoroughly read the pages and watched the videos repeatedly before posting here at the present. The problem with that is I appear to be a late-comer to the party. I will give you my answers to your questions as best I can, now that you understand the source of reticence.

If you don't seem to receive responses to your questions (I see you haven't yet) ...then reverse-engineer, by looking at other people's charts. I see you've already taken that step to arrive at the HAS and IX0 settings that you posted. Seller9 was smart when he designed this BT trading system to display these parameters for everyone to see.

I would offer to provide you with these numbers but like you, I am in the same boat, and I just don't know yet. If I find a way of calculating them (maybe in a PDF manual somewhere) I will post them here. Please do the same if you get lucky and find some sort of recipe book for the numbers. Darran.
  • #5,283
  • Sep 9, 2014 5:59pm Sep 9, 2014 5:59pm
Quoting rixon227
{quote} Hi, EA didn't take the trade because the spread was exceed the limit you set. please look at the chart you posted, the spread info was showing in RED, that's the reason.
Thanks Rixon, I believe the spread, at the time, was the culprit. I queried the forum's search and discovered this was a big issue many months ago for other traders, at the time. I moved the spread value to 10 after calculating the ramifications of doing so, and it seems to be taking trades now.

I appreciate your input, but note for clarification that you based your assumption on the wrong chart. The trade should have taken place on the 4th chart, where the Spread values are Orange and White, not Red as on the 5th chart, which was taken 24 hours after the trade should have been placed. But note that "Largest Spread for the Session" number is 48, and my maximum was 28. Darran.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 5 jpy7 sun afternoon.png Size: 117 KB
Click to Enlarge Name: 4 Fri Morning JPY7 mod.PNG Size: 73 KB
  • #5,284
  • Sep 9, 2014 6:29pm Sep 9, 2014 6:29pm
Hello All,

Does anyone really know what would happen if you simply "closed" one of the pairs in a basket? I mean, if you just closed the pair in MT4, not via the EA.

If I'm using Entry 0, with "Open on ix01 cross", and the cross has occurred more than 2 candles ago, I wonder if closing a pair (say, a non-performer) would mess up the EA since the offline chart was based on 7 specific pairs, and now one is missing. What do you think?
  • #5,285
  • Sep 9, 2014 6:29pm Sep 9, 2014 6:29pm
Quoting Wito
{quote} Kopra how do you select correct pairs? Your basket (pairs in basket) change every day?
Hi Wito,

A. If you remember reading at #1st post page1 and go thru the BT EA tutorial vids prepared by seller9 (The Guru), you will notice that there are 9 types of ready made basket ie:
1. C14 Basket
2. C5 Basket
3. USD Basket
4. EUR Basket
5. GBP Basket
6. CAD Basket
7. JPY Basket
8. CHF Basket and
9. NZD Basket.
These are the trading basket that are attached together with your BT EA zip file. You can use these basket to create offline chart on latest MT4 Build 670.
HAS, IXO1 and IXO2 are used as trend indis that act as your filters to make an appropriate entry. You may change your filters configuration time to time due to current trading situation, so that you are able to determine and maintain more precise entry and exit. There are no perfect setup or good numbers to put into your filters and EA but thru continuous practices, you can enjoy huge profits from this trading system soon. We're also encourage you to read as many info in this thread to get more details, tips and tricks, problem solutions and so forth.

One way to make your life easier and safe time is to subscribe seller9 (The Guru and Creator of BT EA) and you can go thru all his posting link in his profile. You also may check few BT EA active members posting link by referring to their profile too.....easy tips for new members.

B. If you're looking at pages back here (reverse page), you will see another effort to create trading basket and we called it, Customized Trading Basket and they use BT EA to create offline charts for custom basket and the EA will control the trading progress. As for me, I would advise you to fully adapt to the "A" paragraph first rather than jumping into custom basket creation because this is only part of BT EA approach. Anyhow you're free to go thru everything in this thread and I hope you will success in your BT EA forex trading effort real soon.

Wish you all the best

Best regards.
Kopra.
You do good, Good will come to you. Self deception never succeed.
  • #5,286
  • Sep 9, 2014 6:41pm Sep 9, 2014 6:41pm
Quoting darranforex
Hello All, Does anyone really know what would happen if you simply "closed" one of the pairs in a basket? I mean, if you just closed the pair in MT4, not via the EA. If I'm using Entry 0, with "Open on ix01 cross", and the cross has occurred more than 2 candles ago, I wonder if closing a pair (say, a non-performer) would mess up the EA since the offline chart was based on 7 specific pairs, and now one is missing. What do you think?

Hi darranforex,

due to my understanding towards your question above.

if you want to close/exit one pair of a basket pairs, you may OFF first the 'R' button next to the 'Close' button. So you can close one pair manually without disrupting the auto trading in progress. You may ON back the 'R" button to trigger EA control.

I hope this will answer your question.

Regards
Kopra
You do good, Good will come to you. Self deception never succeed.
  • #5,287
  • Sep 9, 2014 7:03pm Sep 9, 2014 7:03pm
Quoting KopraTasa
{quote} Hi darranforex, due to my understanding towards your question above. if you want to close/exit one pair of a basket pairs, you may OFF first the 'R' button next to the 'Close' button. So you can close one pair manually without disrupting the auto trading in progress. You may ON back the 'R" button to trigger EA control. I hope this will answer your question. Regards Kopra
Thank you KopraTasa!
If I turn the "R" for robot off next to the close button, then, how, specifically, would you close a pair? I mean, would you just go down to the pairs in MT4 and "x" one to close it, and then go back up to the "R" next to the close button and turn it back on?

This is a tough question, because clicking the "Close" button in the EA is a global function (even with the robot off). I wonder if this was ever brought up before? I can't find any history of this issue.

Oh, and the information in the post 5,285 is great, because a lot of people who downloaded the "Getting Started" zip file on page 1 just got up and running with the JPY7 video, and then forgot about the other basket notepad files. I know that's what happened to me, and then one day while setting up other baskets on my own, I went back and re-discovered those basket files. Unfortunately, they are just the pair-list text files, and there aren't any (except one, I think) template files or alternative time-frame settings for HAS, ix0, etc.

What does KopraTasa mean btw?
  • #5,288
  • Sep 9, 2014 7:05pm Sep 9, 2014 7:05pm
this is demo.. account is double with in a day..
i used only BT CS on 4H and Daily,
thanks & regards
Hukam
Attached Image (click to enlarge)
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  • #5,289
  • Sep 9, 2014 7:42pm Sep 9, 2014 7:42pm
Quoting darranforex
{quote} Thank you KopraTasa! If I turn the "R" for robot off next to the close button, then, how, specifically, would you close a pair? I mean, would you just go down to the pairs in MT4 and "x" one to close it, and then go back up to the "R" next to the close button and turn it back on? This is a tough question, because clicking the "Close" button in the EA is a global function (even with the robot off). I wonder if this was ever brought up before? I can't find any history of this issue. Oh, and the information in the post 5,285 is great, because...

yes, you may click the 'x' close symbol or right click the pair you wish to close manually after you disable auto close by clicking off the 'R' button.
you can refer the Manual Close instruction in tutorial vids at post1 page1. so far I didn't see and experience any disturbances or EA disruption when I close manually. The purpose to use this function if certain pair(s) in a basket against your trading bias and will secure you from bigger losses. you can check my post at below link. I close GBPAUD manually and ON back auto close without disrupting the EA. I also did the same even with active filter setup and there is no handling issues.
http://www.forexfactory.com/showthre...81#post7726681

Regarding the baskets text files.
I'm referring to previous zip file updates...not sure if the latest zip file only have JPY basket file. You can find all the basket I listed just now at your Basket Writer EA. All basket have been automized rather than basket text files update.

Regards
Kopra
You do good, Good will come to you. Self deception never succeed.
  • #5,290
  • Sep 9, 2014 7:55pm Sep 9, 2014 7:55pm
Quoting KopraTasa
{quote} yes, you may click the 'x' close symbol or right click the pair you wish to close manually after you disable auto close by clicking off the 'R' button. you can refer the Manual Close instruction in tutorial vids at post1 page1. so far I didn't see and experience any disturbances or EA disruption when I close manually. The purpose to use this function if certain pair(s) in a basket against your trading bias and will secure you from bigger losses. you can check my post at below link. I close GBPAUD manually and ON back auto close without disrupting...
Thanks Kopra, I will close the AUDJPY pair in my JPY7 basket, Live account.

Regards,
Darran.
  • #5,291
  • Sep 9, 2014 8:21pm Sep 9, 2014 8:21pm
Quoting darranforex
{quote} Thanks Kopra, I will close the AUDJPY pair in my JPY7 basket, Live account. Regards, Darran.
I'm sorry I don't know which video tutorial show how to close pair manually during BT EA in progress.
but I can assure you that this process is simple and safe as long you off the R button and exit pair manually after that.
this is a standard procedure, not my method to handle such situation.

I'm running 4 real live account and 6 demo account for my continuous study, practice and monitoring dashboard.
It is not easy but very interesting and challenging.

Wish you all the best and big success.

Kopra.
You do good, Good will come to you. Self deception never succeed.
  • #5,292
  • Sep 9, 2014 8:23pm Sep 9, 2014 8:23pm
Quoting rixon227
{quote} uSDJPY seems like going down, I'm losing almost 100pips in my JPY basket. where did I make my mistake? {image}
everybody have their own way to fx.
try to add two confirmation before you place any single order or BT orders.
..first one compulsory Strong Vs Week pairs, best source BTCS or onda currency strength heat map.
..second confirmation with supply and demand zones.
..stay away form lower TF.. stick to 1H & 4H.. trade with Daily TF
only buy or sell when booth are agree..
nobody have magic, trust yourself.
thanks & regards
Hukam
  • #5,293
  • Sep 9, 2014 8:31pm Sep 9, 2014 8:31pm
Quoting hukam
{quote} everybody have their own way to fx. try to add two confirmation before you place any single order or BT orders. ..first one compulsory Strong Vs Week pairs, best source BTCS or onda currency strength heat map. ..second confirmation with supply and demand zones. ..stay away form lower TF.. stick to 1H & 4H.. trade with Daily TF only buy or sell when booth are agree.. nobody have magic, trust yourself. thanks & regards Hukam

good morning my buddy Hukam,

before you fly away like superman, can you pls tell me what is BTCS?

Kopra.
You do good, Good will come to you. Self deception never succeed.
  • #5,294
  • Sep 9, 2014 8:38pm Sep 9, 2014 8:38pm
Quoting KopraTasa
{quote} good morning my buddy Hukam, before you fly away like superman, can you pls tell me what is BTCS? Kopra.
brother i am always here..
BT_CS_v9.ex4
BT_CS_v10_610et.zip
try to narrow down your analysis during opening the trades, specially BT trades.
thanks & regards,
Hukam
  • #5,295
  • Sep 9, 2014 8:50pm Sep 9, 2014 8:50pm
Quoting hukam
{quote} brother i am always here.. BT_CS_v9.ex4 BT_CS_v10_610et.zip try to narrow down your analysis during opening the trades, specially BT trades. thanks & regards, Hukam

loss memory of our earlier EA format...I'm sorry brother.
I should reverse one step to move forward....

thanks for your reminder and advise.

All the best to you my buddy.

Kopra.
You do good, Good will come to you. Self deception never succeed.
  • #5,296
  • Edited 9:22pm Sep 9, 2014 9:06pm | Edited 9:22pm
Hi guys.

I am still testing analyze pairs with indices.

It give me green light to trade JPY7 basket.
Slow moving and not sure how far it can go.
Hopefully it hit the nearest resistance.

Happy trading to all

Kopra

Attached Image (click to enlarge)
Click to Enlarge Name: INDEX2.png Size: 69 KB


e.g: Nikkei225 vs Dow Jones Composite
Attached Image (click to enlarge)
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You do good, Good will come to you. Self deception never succeed.
  • #5,297
  • Sep 9, 2014 9:21pm Sep 9, 2014 9:21pm
another custom basket with indices analysis.

I didn't realize I have mistakenly click GBPAUD at basket writer and lazy to re-do.
just close this pair manually during entry...loss at spread.

Regards
Kopra
Attached Image (click to enlarge)
Click to Enlarge Name: index4.png Size: 64 KB
You do good, Good will come to you. Self deception never succeed.
  • #5,298
  • Sep 9, 2014 9:29pm Sep 9, 2014 9:29pm
trade what you can see...
you also have to refer your broker chart and BTCS to narrow down this process.

link to heat map..
http://fxtrade.oanda.com/analysis/currency-heatmap
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  • #5,299
  • Edited Sep 10, 2014 1:09am Sep 9, 2014 9:33pm | Edited Sep 10, 2014 1:09am
Quoting KopraTasa
another custom basket with indices analysis. I didn't realize I have mistakenly click GBPAUD at basket writer and lazy to re-do. just close this pair manually during entry...loss at spread. Regards Kopra {image}
hI bRO,

I pick EURAUD FOR BUY AND AUDUSD/AUDCAD FOR SELL this morning.
method: using % change, look at D1,H4,H1 trend.
Let's see whether I'm in the right path.

You are My master!
Many things to learn from you!
  • #5,300
  • Sep 9, 2014 9:46pm Sep 9, 2014 9:46pm
Narrowed down with 4H and also with heap map..
but still you all have to solve the puzzle little bit by yourself..
best of luck..
thanks & regards
hukam
Attached Image
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