TMS basket: Dashboard for a basket of MA-Filtered RSI Signals

Indicator updated to v2.02. Download from 1st post.

1. Updated Alerts

The alerts for the indicator were based on someones incomplete ideas. I don't think it was envisioned that one would use the secondary set of alerts without the first. The intent was for correlating set 2 with set 1.

Hi Xaphod,

Sorry for the trouble, but it still does not work. Here is the test screenshot:



From the above, the alert for EURUSD did not trigger. It should, because Correlate was not a requirement. If Correlate was set to TRUE, then this would have been the correct outcome (as in no alert given).

As I had previously requested, AlertSetA and AlertSetB should be independent of each other, based purely on the dividing line. The only time they get linked is when Correlate is set to TRUE. Then the following would become true:

AlertSetA = 1
AlertSetB = 1
Correlate = True
Alert is triggered when 1 OR more currency rows from either side of the divide were to correlate.

AlertSetA = 2
AlertSetB = 1
Correlate = True
Same alert scenario, but would require minimum 2 or more currency rows from above the divide and 1 or more from below to correlate.

AlertSetA = 1
AlertSetB = 2
Correlate = True
Same alert scenario, would require 1 or more currency rows from above the divide and 2 or more from below to correlate.

Thanking you in advance sir. I completely appreciate you taking the time and doing this out of nothing but goodwill. Thank you.

Indicator updated to v2.03. Download from 1st post.

1. Updated Alerts

The correlation alert was originally coded for a specific situation:
- Multiple symbols in set A and one symbol in set B
- Alerts trigger when set B has the state of all TFs lined up and is opposite to the lined up states of set A TFs

For your scenario, you should consider the correlation alert as non-functional.

Hi Xaphod,

Thanks for this. Unfortunately, it still does not work. And I think I found out where the problem lies. Hopefully this helps you:

Alert A works perfectly - beautiful.

Alert B works, BUT only if Alert A is not being used at all (AlertA=0)

Now, if both the alerts are enabled (say AlertA=1 & AlertB=1 so as to monitor both half of the divide), Alert B ONLY triggers if there happens to ALSO be something happening for AlertA. Otherwise, it won't trigger. Here's what I mean:

CADCHF 1 1 1 1
----------------------
NZDCAD 0 0 0 0
USDCAD 0 1 0 1
EURCAD 1 1 1 1

1) AlertA=1, AlertB=0
This triggers the correct alert for CADCHF

2) AlertA=0, AlertB=1
This correctly triggers the alerts for NZDCAD and EURCAD

3) AlertA=1, AlertB=1
This correctly triggers the alerts for CADCHF, NZDCAD and EURCAD


BUT, if the indicator was showing this:

CADCHF 1 0 1 1
----------------------
NZDCAD 0 0 0 0
USDCAD 0 1 0 1
EURCAD 1 1 1 1

3) AlertA=1, AlertB=1
No alert is triggered. Alert B somehow works like an electrical circuit which only switches on when there is a closed circuit first on AlertA. Otherwise AlertB won't trigger.

Hope that made sense and helps identify the issue.

Thanks again sir

Works for me.

Hi Xaphod,

Seems to work for me now too, after I reduced instances of the TMS Basket opened in different windows. Could that be an issue? Is there a maximum number of instances recommended not to have TMS Baskets open? Will keep monitoring. With limited baskets opened - the alert mechanism you've done is amazing! Thank you sir Now I'll go on to monitor the arrow directions when set to reflect previous close bar. Thanks again.

Perhaps you could calculate the number of indicators you are loading via the dashboard and see if you consider it within the limits of what MT4 is capable of.

Hi Xaphod, sorry but which dashboard are you referring to in order to calculate the limit? And by the way, just to let you know that the latest SynergyPro-TDI does update on every tick. It's the earlier versions that didn't do so.

Thanks again.

1 dashboard with 7 currencies and 4 timeframes will load and call 28 tms indicators. You are apparently using multiple dashboards. If you have say 4 of these you will be loading 112 tms indicators + 4 dashboard indicators for a total of 116 indicators. MT4 is not really known for it's stability and ability to cope in extreme conditions. And it has actually been getting worse with every update. Try putting 116 indicators on a chart and see how well MT4 copes. So your issue is you are pushing MT4 way past what it is capable off.

Thanks for the update.

Nice one

Hi Xaphod,

Great indicator !!!

Just wondering if you can update your TMS Basket v0.97 indicator to have an option to increase the font & arrow size.

Thanks !

No, it is not an easy thing to do. Variable font sizing is not possible. Due to MT4 lack of graphics capabilities at the time the indicator was written, it is composed of a mix of various fonts and font sizes placed in specific locations.

I love this post. See many logic on the settings. Is it possible to create an EA from the basket? Like if A=1 the EA trigger a Buy (on that currency) and set profit, profit lock , stop loss etc.... Or if B=1, the EA trigger a sell on the specified currency, set profit, profit lock, stop loss etc.. Really looking forward for this )

or omething like this.. http://www.forexfactory.com/showthread.php?t=530181

Dear Xaphod,

Could you please make TMS basket into two version...One for Sell mode and another for Buy mode, i am trend following trader, so if i use TMS basket in bearish trend i use TMS Sell mode, it only alert when Sell condition met (in other word you turn off buy alert in TMS Sell Mode)

Thank you for your help
Bobzahra

Hi i can not find v2.02 in first post, could you pls re upload thank you

Subs. Thanks and
Regards