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Basket Trading EA

  • #6,621
  • Edited 2:10pm Dec 16, 2014 1:49pm | Edited 2:10pm
Hy...sorry for noobies question... I'm approaching this amazing system and after followed youtube gettingstarted i've set my basket and start Ea with suggests setting... Seems ok but in journal i've many error messages "cannot open file" for all indi Ashismoothed, Xo1 and Xo2... Any suggestion?
Kind regards
Thanks
Edit: Solved... problem was that i saved all indi under a subdirectory "basket" and not in the root indicators..
Now is fine..
Regards
  • #6,622
  • Dec 16, 2014 2:47pm Dec 16, 2014 2:47pm
Seller,

pls how does trailing stop in the ea work?

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #6,623
  • Dec 17, 2014 8:48am Dec 17, 2014 8:48am
Quoting Opemipo
Seller, pls how does trailing stop in the ea work? Phemmy
Hi Opemipo,

trailing stop should work like this - if you set 100 pips SL and your basket goes into profit, this 100 pips will start to trail.
Don't ever let somebody tell you... You can't do something.
  • #6,624
  • Dec 17, 2014 9:13am Dec 17, 2014 9:13am
Quoting momosh
An attempt to do something like core to crosses I set up the basket around London open. First I chose the core pair - AUDUSD and then started to search for similarity in the crosses charts. Finally I pick 4 pairs: {image} {image} As Sam suggested in his earlier posts there were two possibilities - an aggresive entry (bounce from the channel) and a conservative enrty (could be somewhere else). I took the conservative entry and this is the outcome. {image} If someone is doing sometning similar, please share your opinion. Thanks.
May I can ask you the question, why you choose the AUD as the core? 'cause there are news about AUD released, or there is sharp descending nearby.
As we known, sharp market can be equal to a gap.
  • #6,625
  • Edited 3:22pm Dec 17, 2014 1:18pm | Edited 3:22pm
Hi seller9,
Thank you very much for your excellent BT EA.
I would like to trade basket SELL LIMIT and BUY LIMIT (BO = SELL STOP and BUY STOP). Could you explain how it does with your EA?
Thank you!
Stick to your plan and you will be successful !!!
  • #6,626
  • Dec 17, 2014 1:22pm Dec 17, 2014 1:22pm
Quoting momosh
{quote} Hi Opemipo, trailing stop should work like this - if you set 100 pips SL and your basket goes into profit, this 100 pips will start to trail.
Thanks!
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #6,627
  • Dec 17, 2014 1:59pm Dec 17, 2014 1:59pm
Quoting Chengy
{quote} May I can ask you the question, why you choose the AUD as the core? 'cause there are news about AUD released, or there is sharp descending nearby. As we known, sharp market can be equal to a gap.
Hi Chengy,

I dоn't remember if there was news, but this was not a news trade. I was drawn channels on all core pairs charts and I noticed that on AUDUSD there was a counter trend movement, which is near the upper line of the channel. Assuming that the trend will continue I checked the crosses and found 3 more pairs with similar charts.

Good luck!
Don't ever let somebody tell you... You can't do something.
  • #6,628
  • Dec 17, 2014 2:45pm Dec 17, 2014 2:45pm
Hi every body, Does any body know why this happened to me? i selected the short button for my 7 basket , but nothing happened to USDJPY and also it took several positions for EURUSD in reverse direction
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  • #6,629
  • Dec 17, 2014 3:43pm Dec 17, 2014 3:43pm
Quoting kasrafx
Hi every body, Does any body know why this happened to me? i selected the short button for my 7 basket , but nothing happened to USDJPY and also it took several positions for EURUSD in reverse direction {image}{image}
It's ok when i select LONG , but when i select SHORT , it takes 13 positions like that!
  • #6,630
  • Dec 18, 2014 1:18pm Dec 18, 2014 1:18pm
Hello Seller 9. Of course, I greatly apologize, but there is a problem:


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Attached Image (click to enlarge)
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I don't know exactly how to insert the correct image.


Sorry for my language.
  • #6,631
  • Dec 18, 2014 2:03pm Dec 18, 2014 2:03pm
@hottab
It seems to just be your resolution not being big enough, could you increase it?
  • #6,632
  • Dec 18, 2014 2:14pm Dec 18, 2014 2:14pm
Quoting demp
@hottab It seems to just be your resolution not being big enough, could you increase it?
Unfortunately not - is at maximum
1366*768
  • #6,633
  • Dec 18, 2014 2:40pm Dec 18, 2014 2:40pm
Quoting hottab
Hello Seller 9. Of course, I greatly apologize, but there is a problem: {image} {image} I don't know exactly how to insert the correct image. Sorry for my language.
Works best on a HD 1920x1080 screen, they are cheap now days.
  • #6,634
  • Dec 18, 2014 2:44pm Dec 18, 2014 2:44pm
For those of you who watched the latest video, here are the open and close screen shots of the trade example shown in part 4 of the "Getting Started New' video.

Looks like the Robot can make a trade on its own with a little human input.

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  • #6,635
  • Dec 18, 2014 3:00pm Dec 18, 2014 3:00pm
Good work seller9.
Can't wait for your trade setups you mentioned in post 6591. :-)

With this new v.4. Would it work well if we just checked which crosses that have a value of >80 and placed these in a basket and traded them 'til new crosses shows up?
What kind of TF would you recommend for this kind of trading, in that case?

This system of yours looks very promising, can't wait til I've tried it out a bit more.
  • #6,636
  • Dec 18, 2014 3:21pm Dec 18, 2014 3:21pm
Quoting demp
Good work seller9. Can't wait for your trade setups you mentioned in post 6591. :-) With this new v.4. Would it work well if we just checked which crosses that have a value of >80 and placed these in a basket and traded them 'til new crosses shows up? What kind of TF would you recommend for this kind of trading, in that case? This system of yours looks very promising, can't wait til I've tried it out a bit more.
I like the H1 basket time frame and 80 or above for strength selection.
Also keep an eye on the news.

Once you build your basket you can then decide if it looks like something you would trade and if so what kind of trade would it be, all manual or part manual or all Robot. Also, if it will wait for the open of a certain session that may be more active. No EA is completely hands off but they can save on the amount of time you have to spend in front of the computer.

After the new year I will be doing some more videos on basket selection and setups, no use in doing any trading during the Holidays.

If other traders would like they could also do a video on how they do their basket trading, I am sure everyone would enjoy them and learn from them.

With all the free software to do this and You Tube, it makes it fairly easy now.
  • #6,637
  • Dec 18, 2014 3:50pm Dec 18, 2014 3:50pm
Thanks for your reply seller.
I'm currently, as you probably can tell, still too deep in the learning pool to be making any guides for fellow traders yet.
But my ambition is to contribute to this thread and start making some guides, I can see from the jargong that you all are very happy to help eachother and I want to be a part of that and also contribute myself.

Happy holidays everyone
  • #6,638
  • Dec 18, 2014 3:58pm Dec 18, 2014 3:58pm
Another question I just thought of:
If I'm using an entry strategy composed of HAS cross and XO1-direction. Would the EA have placed a trade at the vertical line in the attached screenshot?
At the moment of the cross the XO was in the other direction but soon thereafter it changed to the same as that the trade would have been

Does the EA ignore this trade or does it place it retroactively once the XO1-direction is in alignment?

Thankful for your replies.
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  • #6,639
  • Dec 18, 2014 4:16pm Dec 18, 2014 4:16pm
Well done and thank you Seller.
This is such a clever system.
The thread got sidetracked I feel by so called master Gurus with their trend lines and I lost interest for a while but I can't wait again to trade baskets.
Happy Christmas to you!
  • #6,640
  • Dec 18, 2014 4:39pm Dec 18, 2014 4:39pm
Quoting demp
Another question I just thought of: If I'm using an entry strategy composed of HAS cross and XO1-direction. Would the EA have placed a trade at the vertical line in the attached screenshot? At the moment of the cross the XO was in the other direction but soon thereafter it changed to the same as that the trade would have been Does the EA ignore this trade or does it place it retroactively once the XO1-direction is in alignment? Thankful for your replies. {image}
You would have missed the next short trade by one candle as the HAS cross was confirmed before the IXO1 gave you the short signal and when you got the confirmed IXO1 signal the HAS cross signal was gone as it only remains for 1 candle.
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