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Attachments: Basket Trading EA
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Basket Trading EA

  • #5,321
  • Sep 10, 2014 6:04am Sep 10, 2014 6:04am
Quoting kasrafx
First of all thanks to seller9 for hard work and sharing this EA . Hopefully i was able to run this EA on my mt4 . Ofcourse i wasn't able to force download the history by respective script and i had to go to my mt4 option and then to history and download each one' history from there, have i done correctly? But it works on my demo account now . Also i wonder if somebody can tell me the best setting for HAS , IXO1 and IXO2 . noa i've set them as below HAS: 2 6 2 1 IXO1: 6600 IXO2: 9600 if not,and if they depends on the broker and selected basket ,...
Dear Fellow Trader,
Try different settings and trade lot 0.01 cents. Do yourself and very soon you understand everything. You will be like Fish in water.
  • #5,322
  • Sep 10, 2014 6:26am Sep 10, 2014 6:26am
Quoting makem0ney
Hi..can someone tell me if I tick two trade entry conditions (eg Ix01cross & HAS direction) will the EA wait for both conditions to be met b4 placing a trade?
Yes, when both conditions are met, then the trade is subsequently signaled to open.
  • #5,323
  • Sep 10, 2014 8:58am Sep 10, 2014 8:58am
What was I thinking???! Well, these were the hot pairs in BT_CS and so I made a quick chart using the JPY7 HAS and ix0 parameters.

Yes, the price action was a wee bit choppy here. Let's see what happens.
Attached Image (click to enlarge)
Click to Enlarge Name: Buy Trade Opened 9-10---16-32.gif Size: 38 KB
  • #5,324
  • Sep 10, 2014 10:24am Sep 10, 2014 10:24am
Quoting x58
{quote} Dear Fellow Trader, Try different settings and trade lot 0.01 cents. Do yourself and very soon you understand everything. You will be like Fish in water.
thanks for your reply , but is there any rule or refference for these (HAS ,I XO1 ,I XO2) setting numbers to change them or it is something by random ?!
  • #5,325
  • Sep 10, 2014 11:01am Sep 10, 2014 11:01am
these are two pictures of my EA trade start, any body has got idea that the settings are allright and everything is ok?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Buy Trade Opened 9-8---23-20.gif Size: 52 KB
Click to Enlarge Name: Sell Trade Opened 9-9---17-33.gif Size: 50 KB
  • #5,326
  • Sep 10, 2014 11:05am Sep 10, 2014 11:05am
ofcourse for the second one which is a sell basket i changed the setting of EA for entering the trade in direction .
  • #5,327
  • Sep 10, 2014 11:54am Sep 10, 2014 11:54am
Yep, thanks for advice my broker doesn't do all the pairs, does anyone know a UK broker that soes do all the pairs and has tight spread
Thanx
  • #5,328
  • Edited 2:22pm Sep 10, 2014 1:41pm | Edited 2:22pm
Quoting hukam
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 {image}

Hi my buddy Hukam.

I followed your advise to narrow down pair selections and use Heat Map, BTCS EA, CSM and Momentum and %Change.
I got 8 currency pairs out of it. After an hour, I've made final check and only 4 pairs I feel confident to group as trading basket.
Once I setup BT EA, I proceed entry at higher TF without waiting any fundamental impact.

So, herewith I attach the outcome screen shot with sweetest smile for you.

Thank you so much for sharing your thoughts and techniques.

May God bless you brother.

Kopra

Note: It is a bit tricky after offline chart was created. The cs is down trend but as you mentioned before, "must thrust yourself".
so, I make a long entry base on the overall analysis.
Attached Image (click to enlarge)
Click to Enlarge Name: heat.png Size: 61 KB



[EDIT: My survival plan incase anything happened]
Attached Image (click to enlarge)
Click to Enlarge Name: side income.png Size: 13 KB
You do good, Good will come to you. Self deception never succeed.
  • #5,329
  • Sep 10, 2014 3:07pm Sep 10, 2014 3:07pm
Hi new BT EA thread members.

I wish to share with you few tips on my entry method 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. I also look into higher TF as reference like daily, weekly and monthly pivot, SNR and also major trend for confirmation.

I never set any specific configuration numbers for HAS, IXO1 & IXO2...it is all depends on your cs pattern from time to time. BT EA are very flexible like adjustable spannar , pls don't limit yourself to use one or two configuration setup and got stuck after that. get use to it and you will enjoy the outcome better and better as time goes by.

You are encourage to create your own best setup that you can be proud of....patient and time will tell....

Wish great success to all.

Kopra

Attached Image (click to enlarge)
Click to Enlarge Name: TRY2.png Size: 108 KB
You do good, Good will come to you. Self deception never succeed.
  • #5,330
  • Sep 10, 2014 7:34pm Sep 10, 2014 7:34pm
Quoting KopraTasa
{quote} Hi my buddy Hukam. I followed your advise to narrow down pair selections and use Heat Map, BTCS EA, CSM and Momentum and %Change. I got 8 currency pairs out of it. After an hour, I've made final check and only 4 pairs I feel confident to group as trading basket. Once I setup BT EA, I proceed entry at higher TF without waiting any fundamental impact. So, herewith I attach the outcome screen shot with sweetest smile for you. Thank you so much for sharing your thoughts and techniques. May God bless you brother. Kopra Note: It is a bit tricky...
Hi Kopra,

Well Done Bro!! I hope I can be skillful as you!
By the way, when was this analysis had done? NY open or certain hours after open?
There was no significant % change this morning during Tokyo open, what would you do when this scenario happens?
I couldn't pick up any pairs to trade, did you manage to do so?
Please advice.

Regards,
Ooi
  • #5,331
  • Sep 10, 2014 8:10pm Sep 10, 2014 8:10pm
Quoting KopraTasa
Hi new BT EA thread members. I wish to share with you few tips on my entry method 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. I also look into higher TF as reference like daily, weekly and monthly pivot, SNR and also major trend for confirmation. I never set any specific configuration numbers for HAS, IXO1 & IXO2...it is all depends on your cs pattern from time to time. BT EA are very flexible like adjustable spannar , pls don't limit yourself to use one or...

Hi Kopra....great screen shot of your analysis methodology. Are you able to resend pic with white background so I can print without wasting alot of black ink?
  • #5,332
  • Sep 10, 2014 8:18pm Sep 10, 2014 8:18pm
Quoting rixon227
{quote} Hi Kopra, Well Done Bro!! I hope I can be skillful as you! By the way, when was this analysis had done? NY open or certain hours after open? There was no significant % change this morning during Tokyo open, what would you do when this scenario happens? I couldn't pick up any pairs to trade, did you manage to do so? Please advice. Regards, Ooi

Hi bro rixon,

I start to analyze according to Hukam's suggestion around 6.30pm and recheck around 8pm.
After that I make an entry. Price shoot up after crude oil news.

If no significant currency movement during asian session, I use to take a nap....and I'm about to take a nap after this...lol
I don't want to be sleepy and tired during London and NY session open.

Regards
Kopra
You do good, Good will come to you. Self deception never succeed.
  • #5,333
  • Sep 10, 2014 8:50pm Sep 10, 2014 8:50pm
Primary tool...
BT CS & Currency Strength Heap Map..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 11-09-2014D.png Size: 262 KB
Click to Enlarge Name: 11-09-2014.png Size: 34 KB
  • #5,334
  • Sep 10, 2014 9:03pm Sep 10, 2014 9:03pm
The beauty of Basket trading....

Attached Image (click to enlarge)
Click to Enlarge Name: AUD-BUY.png Size: 48 KB

Attached Image (click to enlarge)
Click to Enlarge Name: AUD-SELL.png Size: 47 KB


still running....
Attached Image (click to enlarge)
Click to Enlarge Name: EUR-SELL.png Size: 56 KB


Time to take a nap.

Kopra.
You do good, Good will come to you. Self deception never succeed.
  • #5,335
  • Sep 10, 2014 9:27pm Sep 10, 2014 9:27pm
Quoting KopraTasa
The beauty of Basket trading.... {image} {image} still running.... {image} Time to take a nap. Kopra.
Have a meeting just now, missed the ride!!
  • #5,336
  • Sep 10, 2014 9:31pm Sep 10, 2014 9:31pm
Quoting KopraTasa
The beauty of Basket trading.... {image} {image} still running.... {image} Time to take a nap. Kopra.
PRICE ACTION IS VERY IMPORTANT.
  • #5,337
  • Sep 10, 2014 9:49pm Sep 10, 2014 9:49pm
Quoting hukam
Primary tool... BT CS & Currency Strength Heap Map.. {image} {image}
Hi Hukam,

Please clear my doubt of your selection between BTCS and Heat map.

I realised that the selection of these two are a bit different.
For instance, you picked GBPJPY in BTCS whereby you didn't in heat map buy list.
Another example is GBPAUD in heat map sell list but it was categorised in BTCS long list.

Both differenct scenario were confusing me, How am I make a wise decision with it?
Please advice

Regards,
Ooi
  • #5,338
  • Sep 10, 2014 9:59pm Sep 10, 2014 9:59pm
Quoting hukam
Primary tool... BT CS & Currency Strength Heap Map.. {image} {image}
Hi Hukam...where do you get the top chart from..with the pairs?
  • #5,339
  • Sep 10, 2014 10:04pm Sep 10, 2014 10:04pm
Quoting rixon227
{quote} Hi Hukam, Please clear my doubt of your selection between BTCS and Heat map. I realised that the selection of these two are a bit different. For instance, you picked GBPJPY in BTCS whereby you didn't in heat map buy list. Another example is GBPAUD in heat map sell list but it was categorised in BTCS long list. Both differenct scenario were confusing me, How am I make a wise decision with it? Please advice Regards, Ooi
agree with you... honestly what every i saw on BT CS and Heatmap today i upload on ff.
rest we must have to dig it out together.
  • #5,340
  • Sep 10, 2014 10:07pm Sep 10, 2014 10:07pm
Quoting makem0ney
{quote} Hi Hukam...where do you get the top chart from..with the pairs?
Please re-read the post before asking, the answer and indicators was posted several times.
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