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Basket Trading EA

  • #6,301
  • Nov 21, 2014 5:20am Nov 21, 2014 5:20am
Quoting JibalaPasan
Profit locked in, very good result for just a Friday. Was waiting on break of read line last night, but because of being very late I switched to automated trading. It was executed later but the basket did not look good at the point of entry. {image} {image} Later on the basket looked much better and I kept it running for a while! {image} And locked in my profit. {image} Same procedure with 2nd basket. {image} {image} {image} {image} Happy Friday = happy weekend! Good luck to all of you. Jibala

Hi JibalaPasan,

You have shown drastic progress in basket trading with BT EA.

Congrats bro J...you're awesome.

All the best.
Kopra.
You do good, Good will come to you. Self deception never succeed.
  • #6,302
  • Nov 21, 2014 5:25am Nov 21, 2014 5:25am
Quoting JibalaPasan
Profit locked in, very good result for just a Friday. Was waiting on break of read line last night, but because of being very late I switched to automated trading. It was executed later but the basket did not look good at the point of entry. {image} {image} Later on the basket looked much better and I kept it running for a while! {image} And locked in my profit. {image} Same procedure with 2nd basket. {image} {image} {image} {image} Happy Friday = happy weekend! Good luck to all of you. Jibala
Well done Jibala!
  • #6,303
  • Nov 21, 2014 9:07am Nov 21, 2014 9:07am
This thread keeps giving to the community.

Thanks for the good advices of sam, shum, thorn and hukam in explaining pair selection alternatives.
Also high regards for master Seller.

All the best!
Live with no regrets
  • #6,304
  • Nov 21, 2014 11:03am Nov 21, 2014 11:03am
Hi, shum, I have question. Do you trade this basket EA on VPs or on your computer. If you use this EA on computer, when you turn on and off the MT4, does this EA loose all data when turn on the mt4 again or the data is still the same. Thank you

Quoting shum
{quote} Well done Jibala!
  • #6,305
  • Edited 2:42pm Nov 21, 2014 11:42am | Edited 2:42pm
Great JOB fellow traders. Tweak your basket a little and it will change the dynamic of your basket + profits

EUR 5 BASKET

EURUSD - EURJPY - EURUCAD - EURAUD - EURNZD

GBP 6 BASKET

GBPCHF reverse this pair

EURGBP - GBPUSD - GBPCAD - GBPAUD - GBPNZD

Have a great weekend...
Trading is Methodical - Markets are Emotional
  • #6,306
  • Nov 21, 2014 12:35pm Nov 21, 2014 12:35pm
Quoting Smknyc
Great JOB fellow traders. Tweak your basket a little and it will change the dynamic of your basket + profits EUR 5 BASKET EURUSD - EURJPY - EURUCAD - EURAUD - EURNZD GBP 6 BASKET GBPCHF reverse this pair EURGBP - GBPUSD - GBPCAD - GBPNZD - GBPNZD Have a great weekend...
Hey man, is gbpnzd supposed to be listed twice or is that a typo?
  • #6,307
  • Nov 21, 2014 1:07pm Nov 21, 2014 1:07pm
Quoting ngoanhoang3
Hi, shum, I have question. Do you trade this basket EA on VPs or on your computer. If you use this EA on computer, when you turn on and off the MT4, does this EA loose all data when turn on the mt4 again or the data is still the same. Thank you {quote}
i trade on computer, if you whant to left open trades on weekend, just stop the robot(not stop trades) , then remove it from ofline chart, and then close mt4. In monday when you will open mt4, just put again the ea, with the same magic number on the ofline chart, and it will work.
  • #6,308
  • Nov 21, 2014 8:47pm Nov 21, 2014 8:47pm
Quoting JibalaPasan
Profit locked in, very good result for just a Friday. Was waiting on break of read line last night, but because of being very late I switched to automated trading. It was executed later but the basket did not look good at the point of entry. {image} {image} Later on the basket looked much better and I kept it running for a while! {image} And locked in my profit. {image} Same procedure with 2nd basket. {image} {image} {image} {image} Happy Friday = happy weekend! Good luck to all of you. Jibala
JibalaPasan,

What did you use to get the buy and sell signal?
Can you share it?

Thx.
Keep learning while you are alive!
  • #6,309
  • Nov 21, 2014 9:52pm Nov 21, 2014 9:52pm
Quoting hukam
{quote} http://www.fxstreet.com/rates-charts/currency-rates/ (try this) i just type in excel regards hukam
No need to type one by one from a site! Just get raw tick data from your Metatrader by using the DDE (Dynamic Data Exchange) into your Excel! You can also import a complete html site which contains data like the one from fxstreet. For this use "menue => data => import from web". (depends on your version of M$ Excel)

http://en.wikipedia.org/wiki/Dynamic_Data_Exchange

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #6,310
  • Nov 21, 2014 10:14pm Nov 21, 2014 10:14pm
Quoting exiao
{quote} JibalaPasan, What did you use to get the buy and sell signal? Can you share it? Thx.
Sorry, but can't share it because it is a complete and complex Trading Program written in Excel which is used for different trading systems. But you can find here in forum if you just search for "strength meter". All other is just putting things together.
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.11.22_11h16m12s_001_.png Size: 101 KB

This picture shall illustrate how easy it could be to manage a basket. All depends on PA, Momentum and Strength. If once a basket is complete and it shows buy / sell do it!

Just a simple request onto the mql coders, because I am not (simply Excel and a bit vba). No need for head maps showing lots of data we do not understand or not useful for our trading but with lots of cpu usage!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #6,311
  • Nov 21, 2014 11:36pm Nov 21, 2014 11:36pm
Quoting JibalaPasan
{quote} Sorry, but can't share it because it is a complete and complex Trading Program written in Excel which is used for different trading systems. But you can find here in forum if you just search for "strength meter". All other is just putting things together. {image} This picture shall illustrate how easy it could be to manage a basket. All depends on PA, Momentum and Strength. If once a basket is complete and it shows buy / sell do it! Just a simple request onto the mql coders, because I am not (simply Excel and a bit vba). No need for...
jibala, does the trading program use similar way to calculate the strength as the strength meter? did you compare the signal between them? thx jason
  • #6,312
  • Nov 22, 2014 12:05am Nov 22, 2014 12:05am
Quoting FXyao
{quote}jibala, does the trading program use similar way to calculate the strength as the strength meter? did you compare the signal between them? thx jason
I got the strength meter from this forum therefore I cant tell what calculation it is based on, but what I can tell it works much more accurate than any other mt4 strength meter (all are lagging), because of using raw tick data coming from metatrader. Raw tick data means its calculating each tick coming from metatrader, no more based on any time frames.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #6,313
  • Nov 22, 2014 3:55am Nov 22, 2014 3:55am
thanks jibala
  • #6,314
  • Nov 22, 2014 7:18am Nov 22, 2014 7:18am
Quoting JibalaPasan
{quote} Sorry, but can't share it because it is a complete and complex Trading Program written in Excel which is used for different trading systems. But you can find here in forum if you just search for "strength meter". All other is just putting things together. {image} This picture shall illustrate how easy it could be to manage a basket. All depends on PA, Momentum and Strength. If once a basket is complete and it shows buy / sell do it! Just a simple request onto the mql coders, because I am not (simply Excel and a bit vba). No need for...
Hi JibalaPasan, your strength meter looks very useful, can you addresse me better to find it?
which thread? Which post?
That will be very kind of you
  • #6,315
  • Nov 22, 2014 8:34am Nov 22, 2014 8:34am
Quoting kasrafx
{quote} Hi JibalaPasan, your strength meter looks very useful, can you addresse me better to find it? which thread? Which post? That will be very kind of you
http://www.forexfactory.com/showthre...40#post2926740

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #6,316
  • Nov 22, 2014 9:36am Nov 22, 2014 9:36am
Hi guys,

Trend indicator is just a plain indication of candle stick pattern but it is not an instrument to measure price flow direction.

Same also goes to CSM which will show what is the strength of each majors....but nobody know either it is going to be stronger or weaker.

The consequence is when you think you have made a good entry with reference to good entry signal but you still loss or hardly to hit your TP.

So pls ponder this before you become a victim of non competence indicator that just good to make you loss.
Avoid all indicators and technique without trading performance prove and its stability.
It will waste your time to test, demoralize your effort and may cause margin destruction.

This is how and where the broker love you so much.

All the best and trade well.

Best regards and happy weekend.
Kopra.



The pips.
Attached Image
You do good, Good will come to you. Self deception never succeed.
  • #6,317
  • Edited 1:40pm Nov 22, 2014 10:32am | Edited 1:40pm
K.I.S

FOLLOW SMART MONEY NOT INDICATORS
LESS TIME YOU SPEND ON THE SCREEN, WILL KEEP YOU FROM MAKING DUMB MISTAKES.
PLAN YOUR TRADES - TRADE YOUR PLAN.

Learn the mechanics of CORE pairs move on to crosses. You don't need static indicators, Spread Sheets to earn a living.

Example screenshot attached for correlation Core/Crosses. Trade without boundaries from anywhere without lagging indicators.

With SELLER brilliant EA you can setup trades easy as 1 2 3. Tweak your baskets get rid of combinations like AUD/CHF CAD/CHF GBP/CHF << trading these pairs can be riskier you don't need low liquidity pairs in your basket.

Try creating a profile as shown on the screenshot with CORE/CROSSES. One hour prior LONDON mark your trades/basket set it and forget it.
Attached Image(s) (click to enlarge)
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Trading is Methodical - Markets are Emotional
  • #6,318
  • Nov 22, 2014 11:35am Nov 22, 2014 11:35am
Hi shum, I understand use can stop the trading robot on the offline chart, but I am talking about the basket creatoing EA that update all the data for all currency pair on the online chart, not offline chart. If you close the mt4 and turn on again, does the EA on online chart could loose data, so it make the offline chart missing data that make you can loose. Or it would automatic update data instead of adding theBasket creator EA again and start creating new basket and open new offline chart To update new data. Also, when open mt4, it takes long time to access the platform

Quoting shum
{quote} i trade on computer, if you whant to left open trades on weekend, just stop the robot(not stop trades) , then remove it from ofline chart, and then close mt4. In monday when you will open mt4, just put again the ea, with the same magic number on the ofline chart, and it will work.
  • #6,319
  • Nov 22, 2014 2:07pm Nov 22, 2014 2:07pm
Quoting Smknyc
Great JOB fellow traders. Tweak your basket a little and it will change the dynamic of your basket + profits EUR 5 BASKET EURUSD - EURJPY - EURUCAD - EURAUD - EURNZD GBP 6 BASKET GBPCHF reverse this pair EURGBP - GBPUSD - GBPCAD - GBPAUD - GBPNZD Have a great weekend...
Smknyc,

I am not quite sure the logic behind your GBP6 Basket. If I understand right and if your basket get triggered in the uptrend, 4 pairs will be on profit while EURGBP and GBPCHF is not. If that happened, you will end up getting profit from 2 pairs only.

Thanks,

Edd
  • #6,320
  • Edited 2:54pm Nov 22, 2014 2:24pm | Edited 2:54pm
Quoting Edd Ganuelas
{quote} Smknyc, I am not quite sure the logic behind your GBP6 Basket. If I understand right and if your basket get triggered in the uptrend, 4 pairs will be on profit while EURGBP and GBPCHF is not. If that happened, you will end up getting profit from 2 pairs only. Thanks, Edd
Revisit the individual charts if you still don't see the logic then show me what I am missing. You don't have to trade/select/add each and every pair to the basket as many of us do.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-basket.PNG Size: 72 KB
Trading is Methodical - Markets are Emotional
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