Basket Trading EA

Hi s33217169,

Yes bro...I'm still using that method until now but I already simplify it and make little bit graphic.
now one of my good friend here are doing some fine tuning and auto update in spreadsheet.

best regards.
Kopra

Ya sheikh Allammof,

Today I use ATR to analyse the pair...

so far so good but I can see today's trading not so good.
I can't expect 3000pips for today

I'm joking.

All the best.
Kopra

Hi Kopra,

I know this request is now recurring, but why not prepare a document to explain the whole process from the composition doss pairs to trade entry/exit.

Ps: how do you use the atr to choose the basket?

K.i.S

GBP outcome
happy pips everyone.

The latest version is very capable of working with single pairs.
All you need to do is ensure that the pairs_link is set to false and attach the EA to any chart/timeframe you like.
No need to create any offline charts.

Hi shulya, I'm using build 711 and it works fine.

Hi oluap,

Let me tell you something fair for both of us.
Since I've got so many commitment to make my analysis and trading strategies, my time become constraint and I can't publish anything at this moment.

Let me teach you how to use FF features to make your life easier and this is my second time to explain how to get all the information here fast lightning.

1. You click my username "Kopra Tasa".
2. Then you will be send to my profile page as shown below:

3. You may refer to the box I marked and click all my post, files and images link.

You won miss any of my post and save a lot of your time rather than waiting my reference documented and publish.

I hope you're happy with my proposal.

Good luck and all the best.
Kopra.

You know i do this funny thing every once in a while. I open a chart of a pair and place an order in about 10 seconds after i opened the chart. Then i take another pair, do the same until i have about 10-20 open orders in all those pairs that i feel like trading. Then i wait a day or two or three. The i close whats in profit and do it all over.

But eventually i found out mathematically there is no point in trading many instruments, so i just stuck to E/U. But i mean, im open to all sorts of ideas. I will have a look some more and see if there is anything i can learn here.

Dear Yaed,
thanks for your message and comment.
we are fxbabies sitting here, and learning from senior traders like you and from their hard-work which they posted on ff.
thanks & regards,
Hukam

Hi yaed,

Welcome to BT EA thread.

You are most welcome to learn how to trade with many instruments here.
We called group pair trading and our tools to trade with many instruments is Basket Trading Expert Advisor.
Pls make yourself like home and you may check Page1,Post1 to get all your necessities there.

I wish you good luck and all the best.

Regards.
Kopra

I have been doing this for a few years, but i dont think i am a "senior trader". Though its important to note that many of those who consider themselves "senior traders", dont trade at all. And if they do, many of them loose money more then they gain.

Its also important that you guys dont get into a mindset that says you´re ideas are not worthy. They ARE worthy, just because you are fresh, youre ideas are fresh. Old people often have old ideas. And often those old ideas are crap, but they still do it.

A cup with no water in it is easy to fill. A cup with water in it already needs to loose some of the old, stagnant water that have become bad.

Oh and another thing: Im not CURRENTLY interested in any EAs. If i where interested in that kind of thing i would need to pay 2 programmers for at least 3 months of work. I would not put any of the info publicly availiabe on the internet, since the shitheads collect information here every day and every hour. So if a couple of people who deserve it gets the info, that would mean A LOT of people who dont deserve it gets the same info. I dont like it that things are this way, but i think they are. I was at Lehman Brothers right before the crash and they where coding EAs like crazies just until the last minute. Even so they went under like Titanic. There is a lesson in that. These guys where not stupid. They had a lot of money and a lot of talented programmers. They failed miserably. I dont know exactly why. All i know is that they where coding EAs like crazy, and probably doing a bit of other stuff, but nothing i can verify with direct experience.

This is so because in my experience its not only important that price reaches a certain fixed S/R level or a moving level such as an MA or a envelope, but its also very important HOW it does that. Meaning PA is very important. And coding various PA situations into a database takes A LOT of time. Thats why i would need at least 2 dedicated programmers working 8 hours a day before we could even make ANY headway into creating a effecient EA. Also, important to think about is that an EA that does well and places let say 20 positions a day, is worth a lot more then 500.000.000 $. If i had 1.000.000.000 $ i would easily pat 500.000.000 $ for such an EA.

Let me take an a real life example. Today Price has been hitting the 1.2655 area o E/U many times. Also during the night it hit 1.26445 area many times, and every time it failed to go higher. People see this. They understand there are a lot of shorts coming in on top in those areas. After a while people start getting smart about the whole thing and they realize if they are going to get it through there, they will need A LOT of money. So eventually they will tire of loosing money or getting into drawdown. Nobody likes loosing money so they will have to change their tactic. I dont know how to tell the EA this in an easy way. I would have to create a database with PA patterns. And fill that database with more and more information BEFORE i let the EA go free on the market. Also i would have to feed the EA with new patterns as the market changes. Preferably the EA could feed itself with these patterns. So what i would need is an EA that is very close to a artificial intelligence. Of course i could not discuss sociology with my EA, but it would be an adaptable, learning thing. And that is very close to what we and the other animals are. Hence it would in a way have to be an artificial intelligence in this way.

This project is far from impossible. It is in fact VERY possible. But it takes dedication. It takes hardware. It takes an information infrastructure COMPLETELY immune from hacking attacks. It takes a very reliable broker. It takes quiet a lof of money. It takes a database. And it takes TWO programmers: One good at the relevant languages, and the other programmer with some trading experience able to translate trading concepts and tell the other programmer. And it takes me. I dont know any other way of doing it. And this way of doing it is pretty much starting up a very serious company that will be prone to hacking attempts as well as prone to attacks from the military, financial industrial complex. So it probably takes a computer security expert as well, and probably a big dude with a gun or two and a kevlar vest. So thats 5 people. I am not 5 people. I dont have all it takes. Thats my 2 cents.

But still: If you guys want to make an EA, i will do what i can. But dont take my word for it, you need to find out for yourself about everything. And in this, my contribution is located here:

http://www.forexfactory.com/showthre...=493882&page=9

I post there when ever i have something i can and want to tell people. But remember: Everything i put there, the military, financial industrial complex gets as well. They are mostly stupid and have no heart. Some of you have hearts and some of you are smarter then they will ever be. If ever you get the opurtunity to work for the big players think about what i say here today: They will take your soul. After 1-5 years of working for them, you will probably find out what i ment by that.

If there is any questions about anything, i would love to help out. Thats why im here. There are no stupid questions, only stupid people afraid to ask questions. I ask myself all sorts of questions all day long like: "Is this EMA really helping myself?", "Is EMA 24 or H1 really something interesting?", "Do i really need my 21,34,55,89 EMAS?", "Is envelope EMA 21 on M1 really something i need to look at?" Stuff like that. I wrestle every day with it all. Sometimes i remove stuff, sometimes i put it back there after years and years. Sometimes i get irritated, sometimes i do the wrong thing even though i know i shouldnt have.

Lehman Bros used mt4?

No. Neither would i in that sort of situation. I would make my own plattform. Also be my own broker. And my own bank. And they where.

Hi grandpa yaed,

I am really sorry if I have forward any disrespects sentence of words that is not proper to a senior citizen/trader.

I salute and bow to your massively vast experience in forex trading world.
So pls forgive me and lets share anything you wish to convey to your grandchildren trader here.

Make yourself convenient and teach us if you fill something had gone wrong.

Thanks for spending your time here grandpa yaed.

Best regards.
Kopra

K.i.S
1 basket a day keeps bankruptcy away PLAN YOUR TRADES - TRADE YOUR PLAN.
Learn and understand CORE pairs then move on to CROSSES.
GBP PAIRS OUTCOME OF THE DAY.

HAPPY PIPS FELLOW TRADERS.

No i cant see any disrespect in anything you said

And again, i dont think i have vast experience. But this world is cruel and i want to do what i can to prepare people for that. I think the owners of Lehman brothers knows this as well. Im trying to make this world a little less cruel, because it warms my heart to do that. Maybe i will succeed, maybe i wont always, but i can only try, and try i will.

why does the basketcreate indi produce inconsistent charts across different time frames? this comes up every now again and is always ignored : (

so far neither basketcreate nor basketv indi can be used to create baskets of multiple time frames with any consistency and it would be nice to know how to get things back to normal once they go haywire. i have tried everything imaginable to 'repair' some instances of mt4 that for some reason refused to sync up multi time frame basket charts but it is totally random why and when things go out of sync

i pm'd seller9 and gvc but maybe somebody else can help

seems nobody else trades baskets on multiple time frames i guess?

These are Today's trades,


Thank you Kopra for your generous and unlimited support. Thank you again for your patience and sincerity in answering my stupid questions, You should consider taking a job in teaching, really... i couldn't have done this without you. Thank you Seller9 for your ingenious little toy that you gave away to the world for free. You are a good man and the good you have done will come back to you and your family. Thank you for your post # 5814 and 5815, they made me understand your logic in no time.
For the new comers, I have succeeded in understanding the basic principles after i have read and digested the following posts.
1. Post # 5814 and post 5815. Understand them well, digest them and don't shut down your computer until you know exactly what the logic behind this. Go to different threads, search for Currency strength, learn more about that and then come back to these two posts as i see them as two of the most important posts in this thread ( to me at least).
2. go to the series of posts by Hukam like the post #5826 and the like, you won't understand a thing.. don't ask, keep reading until you figure it out yourself. This is the only way you will get it. Self independent study is the key to understanding how this thing works. you do it once, and it will stay with you for the rest of your life.
3. Examine all the posts of Shum, i love the way this guy thinks... Sharemaster is another big waw... s33217169 is a very generous person and open to new ideas. Just read their posts and appreciate how their beautiful minds work and what they come up with.
and now take a break, a really nice one as the coming one will give you what you want.
4. Go to Kopra's Profile, go to each and every post he wrote in here. notice the progression in his thinking. after every post, get yourself another cup coffee, sit in your balcony, light a cig and digest what he says very well.
5. when you are done, repeat for three weeks.
6. congrats, you will share your successful trades here and you will teach us some of your new tricks and techniques you have learnt along the way.
Regards,
Again, I can't thank you enough Kopra for the energy you have exerted with me. Can't thank you enough.

I would love to understand your method, please post some of your thoughts ( with screen capture)

i've just split the 6 majors into two baskets and have been riding the wave since august. i have one basket in one instance of mt4 and the other basket in another. just makes things easier in regards to saving templates etc. also i run another instance on demo for the same two baskets but just for the monthly and weekly charts of the two baskets as well as charts for all six pairs

i usually take entries at the end of ny/early asia session on the m30 when the bollingers squeeze and i always go with my long term bias. been using the old t101 basket trading ea because it has limit orders and also the nice dragable sl/tp lines. when i get a trade on and it moves in my favor and i have enough room, i will reload the basket ea on the h1 and open a new basket on m30. when that moves far enough i move the basket from h1 up to h4 chart, and the m30 to h1 chart and so on until all four time frames have baskets on them. from there i just use the dragable sl lines as i go. this is an ideal scenario though which was due to the nice moves since july/august

here is the first basket in one instance of mt4 (eu,gu,au). next is the second basket in another mt4 (uf,uc,uj). and last is the monthly and weekly charts of both baskets in a third instance of mt4