Basket Robots

Quoting abokwaik

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{quote} Welcome back LITE, Its great that you're testing pending orders. I think they need a review. Kindly report any strange behaviour so that I fix in time. All the best,

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Quoting positivezero

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Hi abokwaik, let's say I have multiple offline charts which I already created using your script. How do I retrieve which currency pairs in offline chart A or offline chart B or offline chart C. Thx.

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Quoting abokwaik

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{quote} When you attach the Basket_Manager robot it shows the pair names in the comment line. But I think you want to see the pairs composing the chart without even attaching the robot to it. I will add this in the coming version of the Create_Basket Script along with the updated calculation. Regards,

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Quoting positivezero

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I just created an offline chart based on 7 major currencies which are EURUSD, USDCHF, GBPUSD, USDJPY, USDCAD, AUDUSD, NZDUSD. With DW as following +1,+1,-1,-1,-1,-1,+1. But when I clicked buy or sell from basket manager EA, the EA didn't open any positions. But it showed my market order line on the chart. Did i miss something here? Updated: I created again the same chart, and now the EA worked, it opened positions. {image}

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Quoting abokwaik

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{quote} Remember you should keep the M1 chart that you applied the script to it OPEN all the time. And make sure you don't attach any other script or EA to it. The M1 Chart is chart that provides the basket chart with Tick Data. I don't quite understood the logic you used in setting DW for the major pairs : You used : EURUSD, USDCHF, GBPUSD, USDJPY, USDCAD, AUDUSD, NZDUSD -- DW ---> +1,+1,-1,-1,-1,-1,+1 If you want a dollar basket, it should be something like -1,+1,-1,+1,+1,-1,-1

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Quoting Simihouse

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Hi Abok, thanks for the fantastic tools you provide to us. Just a small detail: the EA has a fixed amount of lots, to insert in the options, for all the pairs indicated in the script, so we cant use it to open trades with a "balanced" hedge as we can do with the mervellous script. Is possible make a modification of the EA in order to send orders with a different amounts of lots, for example EURUSD, GBPUSD, USDCHF +1, +1, +2 ? Thanks again

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Quoting abokwaik

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We are still in the development and testing phase, with focus on correctly creating the basket chart, and manually trading it. Things to do at this stage: Final version of Create_Basket_Script Full testing of Basket_Manager robot (manual overdrive) Basket Managers Viewer/Controller (to manage multiple basket robots in one screen) Basket Manager History (similar to MT4 trade history) but for the basket itself An indicator to display shape of latest basket candle at 3 higher time frames You input for features at this stage will be valuable.

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Quote

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I opened this forum in "Trading Discussion" not in "Trading Systems" on purpose.

 

1. It is project under development
2. Basket trading can be considered as a safe approach to trading the market, as we diversify our risk on multiple instruments, but also risky as our exposure will be higher. It needs deep understanding of how the basket (or baskets) are built, moving, and traded.
3. I don't want newbies to jump in and start trading the system live.

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Quoting Kosomolate

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{quote} Fantastic! just came across this wonderful development. kos

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Quoting positivezero

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Hi abokwaik, this is my another founding. I prepared 2 eurusd chart, both with H1 timeframe (historical data up to 11 Nov 2014). Let's call them, eurusd1 and eurusd2. I attached create_basket_script to eurusd1 with Time_Frame_Name M15, and to eurusd2 with Time_Frame_Name H1. Both used the same pairs EURUSD,USDCHF,GBPUSD,USDJPY,USDCAD,AUDUSD,NZDUSD and DW -1,+1,-1,+1,+1,-1,-1 The offline chart results are the same. I suppose it should have created offline chart with M15 and H1. {image}

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