Basket Trading EA | Page 391 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

Trading 8 Forex Pairs - Fully Automatic - Basket Trading 7 replies

TMS basket: Dashboard for a basket of MA-Filtered RSI Signals 135 replies

Currency Basket and Carry Trading 51 replies

Attachments: Basket Trading EA
Exit Attachments

Basket Trading EA

  • #7,801
  • Feb 18, 2015 10:31am Feb 18, 2015 10:31am
Quoting fmsfx
{quote} The ABC pattern is not an entry system. Only a potential take profit area once you are in the trade with profit looking for an alternate way to exit. http://youtu.be/eUSMCQ3qepY
Hi David,

Thanks for the quick feedback!
I didn't understand thatyou only used the ABC's as an exit strategy... thought you also used as a regular entry/exit method.
Now I got it... won't make the same mistake again.

Thanks!
  • #7,802
  • Feb 18, 2015 10:44am Feb 18, 2015 10:44am
Quoting FlyRAmboo
Fixed CherryPick indicator. now indicator will show how those candles from 6 time frames was looking like at day and time you enter in input fields. so just remember - eg. 15tf candle at 00:11 can look different then the same candle at 00:14.. 60tf candle at 00:11 can look different then the same candle at 00:55.. indicator is taking sort of "screen shot"of all TF candles at exact minute. hopefully will work now as expected . {file}
Hi FlyRamboo,

Thanks for the indi... I will be testing it this evening when the asian session starts.
Just so I know I set things up correctly, please confirm (or correct the following):

  1. The asian session starts when my broker's time is 22:00
  2. As KopraTasa explained, I want to get the info from the end of the second H1 candle (so at 23:59)
  3. I want info from all 28 currency pairs
  4. In your indi I put Currency=ALL / Day=0 / S_Time=23:59
  5. I put the indi working and let it stand
  6. At 23:59 it will automatically update the info

Is this correct?

Thanks!

BTW: What info is it pulling from the candles?

  • #7,803
  • Feb 18, 2015 11:34am Feb 18, 2015 11:34am
Quoting vmc
{quote} Hi FlyRamboo, Thanks for the indi... I will be testing it this evening when the asian session starts. Just so I know I set things up correctly, please confirm (or correct the following): The asian session starts when my broker's time is 22:00 As KopraTasa explained, I want to get the info from the end of the second H1 candle (so at 23:59) I want info from all 28 currency pairs In your indi I put Currency=ALL / Day=0 / S_Time=23:59 I put the indi working and let it stand At 23:59 it will automatically update the info Is this correct? Thanks!...
Hi VMC,
yes that is correct. you can set up indicator now, so all data will be calculated live and arrows and colors of pair will change until time will come, then everything will stop . you can test it now, just set a few minutes to forward, and watch how indicator works. best on 1TF. second after time you set will past , data will stop changing .

indicator is taking closing price from 1TF candle at the time user set in input field and use that price as close price on candles in other time frames, then is using Kopra logic to set colors on pair names.
  • #7,804
  • Feb 18, 2015 1:18pm Feb 18, 2015 1:18pm
Can somebody help me understand why this PO trade isn't taken ?
Is it perhaps because entry5 is also set.
Attached Image (click to enlarge)
Click to Enlarge Name: nopoentry.PNG Size: 23 KB
info@metacharttools,com
  • #7,805
  • Feb 18, 2015 3:00pm Feb 18, 2015 3:00pm
Quoting Hotpotato
Can somebody help me understand why this PO trade isn't taken ? Is it perhaps because entry5 is also set. {image}
e
Hi there,

Are you aware of what PO and BO orders are, if not, watch the video again so you will see why it did not take the trade.

All the best.
Born to rule my Economic World and Make a Difference!
  • #7,806
  • Feb 18, 2015 7:32pm Feb 18, 2015 7:32pm
Quoting FlyRAmboo
Fixed CherryPick indicator. now indicator will show how those candles from 6 time frames was looking like at day and time you enter in input fields. so just remember - eg. 15tf candle at 00:11 can look different then the same candle at 00:14.. 60tf candle at 00:11 can look different then the same candle at 00:55.. indicator is taking sort of "screen shot"of all TF candles at exact minute. hopefully will work now as expected . {file}
Attached indicator to my live program. The pairs are listed as GBPYENecn. The "n" covers the first arrow in the group list. Attached screen shor. When you have time would you make a fix.

Much appreciated

Earle
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 375 KB
Earle
  • #7,807
  • Feb 18, 2015 11:59pm Feb 18, 2015 11:59pm
Quoting Earle
{quote} Attached indicator to my live program. The pairs are listed as GBPYENecn. The "n" covers the first arrow in the group list. Attached screen shor. When you have time would you make a fix. Much appreciated Earle{image}
here you go..
Attached File(s)
File Type: ex4 Cherry_pick.ex4   17 KB | 372 downloads
  • #7,808
  • Feb 19, 2015 12:25am Feb 19, 2015 12:25am
Quoting FlyRAmboo
{quote} here you go.. {file}

Hello FlyRAmboo

And thanks for your indi,but every time i put the indicator on the folder for the indies the MT4 freeze and canot start,i try with 2 different demo account and all are the same.

Any input?

Thanks in advance
  • #7,809
  • Feb 19, 2015 1:50am Feb 19, 2015 1:50am
Quoting howa61
{quote} Hello FlyRAmboo And thanks for your indi,but every time i put the indicator on the folder for the indies the MT4 freeze and canot start,i try with 2 different demo account and all are the same. Any input? Thanks in advance
Hi howa,
hmm... have you got all the 28 pairs in market watch available ?
any one else notice the same problem ?
i have test it on 3 different brokers live and demo and all works fine.
  • #7,810
  • Feb 19, 2015 2:53am Feb 19, 2015 2:53am
Quoting FlyRAmboo
{quote} Hi howa, hmm... have you got all the 28 pairs in market watch available ? any one else notice the same problem ? i have test it on 3 different brokers live and demo and all works fine.
Hi FlyRAmboo

thanks a lot for your indi

its great.

Best Wish.
  • #7,811
  • Feb 19, 2015 3:16am Feb 19, 2015 3:16am
Quoting sharemaster2
{quote}e Hi there, Are you aware of what PO and BO orders are, if not, watch the video again so you will see why it did not take the trade. All the best.
BO breakout, candle has to close outside the lines.
PO pending order, price has only to touch the lines.

Well, that is pretty basic and i do have been looking at that setup so many time that i must be overlooking something really simple.
info@metacharttools,com
  • #7,812
  • Feb 19, 2015 3:25am Feb 19, 2015 3:25am
FlyRAmboo,
thanks a lot for your indi .The 30 Min Is missing
  • #7,813
  • Feb 19, 2015 3:47am Feb 19, 2015 3:47am
Quoting qarqoush
FlyRAmboo, thanks a lot for your indi .The 30 Min Is missing
Hi qarqoush
as per Kopra rules (that what i find out reading them ) there is no 30TF, only 5-15-60 LTF 240-D1-W1 HTF.
  • #7,814
  • Feb 19, 2015 4:44am Feb 19, 2015 4:44am
For those of you who are new to this, here is an opportunity to place your first "Break-Out" trade. Here's what I'll do: Create a JPY7 basket (select all of the pairs ending in JPY) and make a basket in either the 30 minute (my choice) or 60 minute time frame. Use HASX as the entry 0, and also as the exit. Click BO and set your purple lines far enough apart so they are above and below recent (last several hours) price action, and then hit the "Start Live Trading" button and forget about it until Monday. This isn't trading advice, it's just what I'm gonna do. I'm going to use .01 lots in an account with $150 in it. Be brave. Expect nothing, and plan to lose $150. But I love the exhilaration and thrill of seeing this fantastic basket EA carry me through the darkness of the unknown.
Attached Image (click to enlarge)
Click to Enlarge Name: breakout possible.png Size: 37 KB
  • #7,815
  • Feb 19, 2015 5:18am Feb 19, 2015 5:18am
OK ladies and gentlemen, I did it. Kind of like dropping orangesunshine, ...you just have to wait and see and hope for the best. Now go out and get some fresh air. Dismiss the notion of risk and let the weightlessness of your confidence in the EA let you drift to sleep. By the way, when you click on BO, it automatically puts the purple lines where they belong. I've attached my preset. Just copy and paste and change the extension from .txt to: .set.

Again, this is not trading advice. I am just supplying my preset for your enjoyment. I have no idea what will happen. Cool, huh?
Attached Image (click to enlarge)
Click to Enlarge Name: Breakout Unknown.png Size: 42 KB
Attached File(s)
File Type: txt basket trader generic preset.txt   3 KB | 348 downloads
  • #7,816
  • Feb 19, 2015 5:59am Feb 19, 2015 5:59am
Quoting darranforex
OK ladies and gentlemen, I did it. Kind of like dropping orangesunshine, ...you just have to wait and see and hope for the best. Now go out and get some fresh air. Dismiss the notion of risk and let the weightlessness of your confidence in the EA let you drift to sleep. By the way, when you click on BO, it automatically puts the purple lines where they belong. I've attached my preset. Just copy and paste and change the extension from .txt to: .set. Again, this is not trading advice. I am just supplying my preset for your enjoyment. I have no idea...
Hi darranforex
Very good. Good luck
winf
  • #7,817
  • Feb 19, 2015 6:05am Feb 19, 2015 6:05am
Quoting darranforex
OK ladies and gentlemen, I did it. Kind of like dropping orangesunshine, ...you just have to wait and see and hope for the best. Now go out and get some fresh air. Dismiss the notion of risk and let the weightlessness of your confidence in the EA let you drift to sleep. By the way, when you click on BO, it automatically puts the purple lines where they belong. I've attached my preset. Just copy and paste and change the extension from .txt to: .set. Again, this is not trading advice. I am just supplying my preset for your enjoyment. I have no idea...
hello darranforex.. nice setup for jpy group.. i think jpy going up.. so i try to long jpy.. buy at support.. like u said darrannfoex "Again, this is not trading advice. "

happy peeping for everyone..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_121.png Size: 89 KB
And when you have decided, then rely upon Allah.
  • #7,818
  • Feb 19, 2015 6:11am Feb 19, 2015 6:11am
and my set up for euros group.. hoping this gonna ge big pips..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_122.png Size: 117 KB
And when you have decided, then rely upon Allah.
  • #7,819
  • Edited 6:47am Feb 19, 2015 6:21am | Edited 6:47am
Look at how many times seller9 says "will it go up or down? ...who knows?!" Seller9 hits it on the head because he has the right thinking... who knows?

We don't know. When am I going to die? I don't know, and I don't want to know.

Let the market take you like a bus on a ride. Let the EA do your work. See these two big white candles? ....it could change it's mind in the next hour. Let the EA do the thinking and the heavy lifting. You just place the money management based on what follows.
Attached Image (click to enlarge)
Click to Enlarge Name: oowie oowie.png Size: 42 KB
  • #7,820
  • Feb 19, 2015 6:56am Feb 19, 2015 6:56am
Quoting FlyRAmboo
{quote} Hi howa, hmm... have you got all the 28 pairs in market watch available ? any one else notice the same problem ? i have test it on 3 different brokers live and demo and all works fine.
Hello FlyRAmboo

Just for let you know,i test on a fresh MT4 and everything work fine.

Sorry for the trouble

Regards
7 traders viewing now