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Attachments: Basket Trading EA
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Basket Trading EA

  • #5,641
  • Sep 20, 2014 8:37pm Sep 20, 2014 8:37pm
Its most likely the culprit for this is your defined stoploss in the settings the stoplosseachpair(my wild guess you set 15pips). That one triggered it since you did not manually put the stop loss when you setup the PO. I wonder also why your trade took too late since its a PO setup not BO, is that done during news? Lastly you are using v22 maybe you need to download the latest version 25 which is available now.

@seller9
Thank you for considering it. Its very good idea also when used on single pair also not just basket. Does your new "Holy Grail" will be available to the public like this BT EA or for sale? hehe

Cheers

Quoting StOoOk
hello guys, I have done an experiment using PO function. it did work but it closes the trade!! i did not put a Stop loss but when i go back to screen shots i see that there is a stop loss.. any ideas? {image} {image}
  • #5,642
  • Sep 20, 2014 8:48pm Sep 20, 2014 8:48pm
relevant to post 5639..
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 41 KB
  • #5,643
  • Sep 20, 2014 11:49pm Sep 20, 2014 11:49pm
Quoting davrock
relevant to post 5639..{image}
Hi Davrock, I like the idea please attach the indicators. Regards
  • #5,644
  • Edited 10:41pm Sep 21, 2014 12:29am | Edited 10:41pm
Great!! I did not see any "EXAMPLE SCREENSHOT attached."

Quoting Smknyc
Good evening fellow traders, Hope you all having a great weekend. Starting Monday we will post Core/Crosses split between 7:00/8:00 pm EST. EXAMPLE SCREENSHOT attached. Keep up the good work. Happy pips
A few days ago(Sept 18) you posted the following;
Core SPLIT 3/4
AUDUSD - EURUSD - NZDUSD
USDJPY - USDCHF - GBPUSD - USDCAD
AUD SPLIT (I have a question of why did you chose AUD SPLIT- there was no NEWS for AUS).
AUDNZD - AUDCHF - GBPAUD
AUDJPY - AUDUSD - EURAUD - AUDCAD (I had a question of why you put the AUDCAD on this side of the split).

I have been trying to "see" what you are seeing. If you don't mind could you post the final results of this?
1. With the final basket or baskets chosen,
2. when you set the baskets up in the EA.
3. Also the final results in pips for each of the pairs.
If you could do this it would be much appreciated as I study over the process.
Thanks
Bruce
  • #5,645
  • Sep 21, 2014 12:51am Sep 21, 2014 12:51am
Quoting davrock
this probably a better example off cc/ccfp/basket indi xxx etcc {image}
Couod u please send the indis/ tem0late and teach us more on ur strategy?
  • #5,646
  • Sep 21, 2014 3:25am Sep 21, 2014 3:25am
Quoting KopraTasa
{quote} Hi StOoOk, I'm not sure what is the actual problem....never happened to me before. Maybe PO setup conflict then EA tend to close the entry within its logic. As for me, I only setup PO with straight line....never try with PO cross line before. Just an opinion. Kopra
Thanks for your replay sir.

Quoting seller9
{quote} When you use both BO or PO lines the EA always places a SL at the opposite line to the BO or PO, this is normal. If you use only 1 line than you have to place your own SL line. You can always move it by grabbing it and putting it where you want it to be.
Thanks for your replay Seller9, but as you can see from the picture it did not hit the stop loss and closes below the stop loss.

Quoting ilovePA
Its most likely the culprit for this is your defined stoploss in the settings the stoplosseachpair(my wild guess you set 15pips). That one triggered it since you did not manually put the stop loss when you setup the PO. I wonder also why your trade took too late since its a PO setup not BO, is that done during news? Lastly you are using v22 maybe you need to download the latest version 25 which is available now. @seller9 Thank you for considering it. Its very good idea also when used on single pair also not just basket. Does your new "Holy Grail"...
I checked my settings but i did not put any stop loss. I will upload the new v25 today.


Thank you all for your replay.
if there is market there will be opportunities
  • #5,647
  • Sep 21, 2014 7:37am Sep 21, 2014 7:37am
Quoting davrock
relevant to post 5639..{image}
your contribution is welcome.
  • #5,648
  • Sep 21, 2014 7:39am Sep 21, 2014 7:39am
Quoting Smknyc
Good evening fellow traders, Hope you all having a great weekend. Starting Monday we will post Core/Crosses split between 7:00/8:00 pm EST. EXAMPLE SCREENSHOT attached. Keep up the good work. Happy pips
thanks
  • #5,649
  • Sep 21, 2014 8:35am Sep 21, 2014 8:35am
Quoting Smknyc
Good evening fellow traders, Hope you all having a great weekend. Starting Monday we will post Core/Crosses split between 7:00/8:00 pm EST. EXAMPLE SCREENSHOT attached. Keep up the good work. Happy pips
Thank you for your sharing your effort with us.
  • #5,650
  • Sep 21, 2014 3:21pm Sep 21, 2014 3:21pm
Hello,
This system is great !!!

But I do not understand the principle of calculating the rate in the chart.

I'll give an example, and correct me if I'm wrong please:
The EA should be combined 7 currencies.
For example:
Currency 1 = 1.0000
currency 2 = 107.00
currency 3 = 1.000
currency 4 = 0.9000
currency 5 = 104.00
currency 6 = 2.0000
currency 7 = 108.00

And now this ea together all the courses together and created course this calculation?
1 + 107 + 1 + 0.9 + 2 + 104 + 108 = 323.9
Similarly, the calculated spread?

And I have one more question. When you look at the picture there is a graph which contains several currencies. Created a special chart with extremely long wicks of candles.
My question is this. When I open every 4 hours 2 position buy / sell and set a take profit of 100 pips for example, so I did have a great chance of success.
Attached Image (click to enlarge)
Click to Enlarge Name: Long Candles.jpg Size: 520 KB

I share still one of my favorite indicator. If anyone wants I can send.
It's 16 indicators THV Trix.

I hope you understand me. I do not speak English. This is translated from google translate. I'm from Czech Republic:-)
Bye friends
Attached Image (click to enlarge)
Click to Enlarge Name: MultiTrixs.jpg Size: 900 KB
  • #5,651
  • Sep 21, 2014 5:12pm Sep 21, 2014 5:12pm
Quoting ladislavczec
Hello, This system is great !!! But I do not understand the principle of calculating the rate in the chart. I'll give an example, and correct me if I'm wrong please: The EA should be combined 7 currencies. For example: Currency 1 = 1.0000 currency 2 = 107.00 currency 3 = 1.000 currency 4 = 0.9000 currency 5 = 104.00 currency 6 = 2.0000 currency 7 = 108.00 And now this ea together all the courses together and created course this calculation? 1 + 107 + 1 + 0.9 + 2 + 104 + 108 = 323.9 Similarly, the calculated spread? And I have one more question....
Hi guys,

As we try to master this systerm, lest not run the risk of over complicating it by bringing in too many indicators. Just a note.
Born to rule my Economic World and Make a Difference!
  • #5,652
  • Edited 9:09pm Sep 21, 2014 7:38pm | Edited 9:09pm
Quoting ladislavczec
Hello, This system is great !!! But I do not understand the principle of calculating the rate in the chart. I'll give an example, and correct me if I'm wrong please: The EA should be combined 7 currencies. For example: Currency 1 = 1.0000 currency 2 = 107.00 currency 3 = 1.000 currency 4 = 0.9000 currency 5 = 104.00 currency 6 = 2.0000 currency 7 = 108.00 And now this ea together all the courses together and created course this calculation? 1 + 107 + 1 + 0.9 + 2 + 104 + 108 = 323.9 Similarly, the calculated spread? And I have one more question....
I noticed the same thing, AUD7 and CAD7 on H4 formed a ranged movement. However you should take caution as the candle repaints. I know it sounds ridiculous, the lows and highs forming the wicks are false and the price do not exist in reality...

It would be nice if someone could explain the basics of the combined price formed on the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 40 KB
  • #5,653
  • Sep 21, 2014 9:26pm Sep 21, 2014 9:26pm
hi guys...re post 5639 cc/ccfp/basket indi etc....first apology re screenshot not arriving..?? not sure what happened there.....anyway...I would like to contribute to this great thread as I think I was trading baskets for a while without knowing it ????then I found this thread about a month ago so again thanks to all contributors !!.
I have used the cc /ccfp indis for a while and find it hard to trade without them.....so I have hopefully attached a further screenshot showing my thoughts......please note well that trading complex pairs is different to trading basket bsea/t101 etc but there are some very simple visual guides to symbol strength that relate well to your basket methods......I would like to make it clear I am not trying to alter in any way your great proven methods rather only trying to add or help some members in an easy visual method of reading whats going on with each currency on any timeframe.....nb cc ccfp only uses ...us,eu,gb,chf,jpy,aud,cad,nzd...now I believe from reading your early posts the currency strength measurements in the bsea/bscs etc etc is taken from a similar indi if not the same and I love it... but visually I find it easier to watch the visual expression of cc/ccfp aswell as t101/bsea/bscs etc which are just numbers and dance around a lot..(that's ok)but for me just watching the cc/ccfp indis seems easier for my brain to compute.....its impossible to try and explain the complete use of the indis in one post but hopefully my screenshot turns up and it may help some members...pps they will not work on offline charts as they compute multi symbol data...so my screenshot shows an offline (all10)with regular symbol gbp chart also. the text is just a simple explanation of the basics but my experience is that its very easy on the eye and the brain to see whats going on...all tf to be considered and indies were made for 4h.but work and are reliable visually on all..lastly this post is only intended to be considered as a easy visual aid to those who may get confused by lots and lots of numbers etc...(like me)!!
Attached Image (click to enlarge)
Click to Enlarge Name: visual easy ccfp MT4.png Size: 122 KB
  • #5,654
  • Sep 21, 2014 9:29pm Sep 21, 2014 9:29pm
also attached are the indies...for cc/ccfp/basket etc/
Attached File(s)
File Type: mq4 Basket_Indicator.mq4   5 KB | 546 downloads
Attached File(s)
File Type: mq4 CC.mq4   18 KB | 434 downloads
Attached File(s)
File Type: mq4 CCFp.mq4   19 KB | 449 downloads
  • #5,655
  • Sep 21, 2014 9:30pm Sep 21, 2014 9:30pm
good luck to all...
  • #5,656
  • Sep 21, 2014 9:39pm Sep 21, 2014 9:39pm
re post 5654..forgot to mention offline all10 is just the us/eu/gb/aud/jpy pairs as again I find it easier to watch the action of just the 5 rather than 8 pairs (a bit confusing) but also note if u are using the smaller baskets ie just 3 pairs then this visual aid is really powerefull !!!please note to leave all symbols checked in settings as even though you may only want to show three pairs(lines) the computation is still of all 8 currency strengths...and is reflected in the three values...lastly basically ccfp is the trend and cc is the signal.....but its up to your discretion...its pretty easy after a while...
  • #5,657
  • Sep 21, 2014 10:14pm Sep 21, 2014 10:14pm
this is a bit clearer.....its best to have cc/ccfp on full screen etc for easy visual expression..
that's enough for today any question feel free..
Attached Image (click to enlarge)
Click to Enlarge Name: CCfp basket14 indi. MT4.png Size: 112 KB
Attached Image (click to enlarge)
Click to Enlarge Name: cc signal basket indi.png Size: 114 KB
  • #5,658
  • Sep 21, 2014 11:53pm Sep 21, 2014 11:53pm
seeing its quiet at the mo I will continue so as the cc ccfp basket indi thread is in a continuous form and easy for members to follow in the future etc....nnb note well this is very relevant to the basket trader as the values ..ie (the red gbp line)..is the value of the gbp basket (allgbp) not the gbpusd etc....and therefore all the others also...therefore if the CCfp gbp is x> the usd then the gbpusd is considered in an up trend...but we must realize that it may soon return to the mean (0zero) line....this can mean two things ..one a retrace to zero can signify just that ..a retrace and can be a good place to enter/re enter.or if it crosses <other symbols it could be a reversal or change of trend...the cc ccfp has another setting that has great value....note well in settings you can set up just allow pairs on chart also which can be of great value for basketeers.....see next attached file......so when you amalgamate cc/ccfp onto one chart and show only symbols on chart you can wait for a double cross of both (0) this is a very strong signal to enter a trade... ie buy euro basket or sell another etc..
see attached below first is cc ccfp/basket overlay chart (on eurgbp chart (show pairs on chart setting only)which shows the double cross clearly....the second chart below is an offline ba
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1 show pairs only.png Size: 83 KB
Attached Image (click to enlarge)
Click to Enlarge Name: #ALL10#10H1.png Size: 88 KB
sket chart on the same scale which gives some idea of the strength of the signal.....but this gbp x > euro could be used for c5/c14/eur/gbp baskets etc etc...
  • #5,659
  • Sep 21, 2014 11:56pm Sep 21, 2014 11:56pm
hope that does not confuse anybody.....
  • #5,660
  • Sep 22, 2014 12:00am Sep 22, 2014 12:00am
lastly ...you get early warning of the trade as you watch for cc xx then enter on ccfp xx which usually arrives just a little later...
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