Kopratasa EA & BDM

Hi HP,

Looking promising!
I like the look of what those buttons say... seems it's going to be a VERY versatile dash.
The dash will work "per basket" right?
The dash will be loaded onto the basket chart screen?

Cheers!

Hi HP, I like it very much! Progress!

Hi HP,

You should also consider a "global dash" for monitoring/controlling baskets and global profit/loss.
I know it's (much) easier said than done... but the global angle like GVC has also has it's advantages (although it doesn't control individual baskets like your's).

Cheers

BTW: Try to keep your hand on this thread, because I foresee a LOT of "noise" on GVC's new thread... (unless he starts to put down some rules...)

BTM is a separate EA loaded on his own chart.
There will always be a small display/control part on top which shows/controls all the baskets account wide.
BTM will constantly monitor all the charts within the mt4 terminal to see if a new basket is opened by fi. BT.
As long as the offline chartname complies with the #xxxx# name convention BTM will open a new window to control that basket.

So you will have an account wide display/control part on top and a basket control center for every basket in the terminal.
About the same layout as BDM with its header and charts.

FANTASTIC!!!

Hello and congrats Hotpotato on all your wonderful work!

Can somebody please help?? I was trying to run BDM on my platform but I dont understand what I am doing wrong...
I place BDM on a DKKSGDm chart H1 - it loads fine but when I press a button on the top for example EUR or CORE5, the platform freezes a little the EA is removed and only opens the DKKSGDm with the BDMv1 template..

My screen resolution is 1920-1080, I placed the DLL inside the libraries and I am running with admin rights..I have suffix "m" on all my pairs.

Saludos

Probably the suffix.
I will have a look.

Yes, it is the suffix and/or prefix.
Because BDM doesn't trade i didn't build that in but it is still needed for opening charts.

Wait for it.

Try this one, it will auto-detect suffixes and prefixes.

You are in luck, it is also a new version.

Thanks HP for your prompt reply

I see this "abnormal termination" messages in the experts tab for BMD1.06 and BDM1.08:

No problem I will wait

No need to.

But i did of course forgot you are also using shi and trendchannel indicators.
Will have a look at them to.

That was lightning fast!!! But unfortunately the problem still exists. When I press for example any button on the top for example JPY or CORE7, the EA is removed and only the original chart where the EA was applied gets the template.

Not sure now if the problem is with the suffix "m" from my exness broker... I will try with another broker to see the result. I also tried in my laptop (different win7) but the result is still the same.

The message in the expert tab is the same:

I don't have brokers that use suffix/prefix but i will try to finde one so i can test.

It must be the suffix that is causing this abnormal termination stuff.

I installed an ava broker mt4 with no suffix or prefix and all is good all sub-charts open... I also did a clean install of exness (my live account) and the problem is the same the EA gets removed.. Very strange. I will try some more things but not sure if I can sort this out..

Thanks for the help.

It is.
I will open a demoaccount with a broker that uses a suffix and i will test it.
Should have done that long ago.

I personally apologize, multiple members of my family are going through significant health problems so my hands have been tied
caring for them, but I'll still be buying out time whenever I can to keep up with the daily fib posts and forum
My apologizes guys

Here is what Monday night's trade would have looked like, I apologize for the late post, it would have been textbook,
entry on the 61.8% fib, or support trendline break, stoploss at the 38.2% and take profit at the 127.2 or 161.8% fibs.
Assuming entry at the 61.8% fib, a 420pip gain would have been realized at the 127.2% take profit,
and a 640 pip gain with the 161.8% take profit.
Assuming 2.5% risk per stop out at the 38.2% fib,
Percentage equity gains for this one trade without including commissions would be: 7% for 127.2% fib take profit and
11% for 161.8% fib take profit

Pretty textbook trade, such is the power of fibs

Just wait till you start pyramiding trades, then you'll see real cash, lol

Here's the setup for Tues-Wed Trade, I won't be trading this one due to time, but I'll break it down,
You really have two fib options, the white short term fib to base your trade entries,
or the yellow more trend encompassing yellow fib.
I would have likely have chosen the yellow fibs to base my trades, because it is more trend encompassing,
but there are still good reason to use the white fibs, you can see how much price is testing and responding too them,
and the retracement has pretty much died.
So in the end it depends on personal preference, and learning from your mistakes.

We will see by tomorrow which fib was respected.

Ok, here goes part 2 from that long post about a week ago

So the second thing that as a Fib trader that we would need to take advantage of is pyramiding.
Its a form of scaling in, but only scaling in on retracements, thus I call it intelligent scaling in.
Instead of scaling in unscrupulously whether at highs or not and then watching your profits quickly disappear even though price is above your
original entry, this method using fibs dictates that you ONLY add to positions at fib retracement levels, thus allowing you to sustain minimum
drawdown, and keep your profit secure and not skew your risk reward calculations.

Instead of scaling in at highs, your entering at the retest of the same retracements levels or new ones, with full confidence the prior trend will continue,
(that is if the price action is showing that)
For example, if you were watching a sell basket, and the price moved upward to touch the 61.8% fib from the bottom you would immediately sell, if later in the session, the price moves upwards some more and touches the 50% fib you would sell again. You could elect to just take those two sells, and place your stoploss at the 38.2% or put a third sell at the 38.2% and place your stop loss at the 23.6%.

You see, price does not need to do much to get you into strong profits, and with clear defined entry points, it is so much easier to clearly calculate your risk just in case your stop loss is hit, unlike traditional scaling in.

Using this method, the one unavoidable losing trade I would have had with the cherry picked baskets would have been a small winner, and all my winners profits
would have been at least doubled.

This is the best way to trade with this tool that Hot Potato has automated.
The one overwhelming problem is that, sure you can stare at your computer all day or all night (in my case) waiting for price to touch
your fib levels so you can manually add to your trades at a low risk area, I've done it, its not fun.

Or you can go out and be liberated from the occupation that was meant to liberate you from other occupations and have a computer place the additive trades for you.

So this is where HotPotato comes in.
I know you must be very busy yourself, so I don't want to request this in anyway that
might overly pressure you.
In fact, it seems like the ideas I'm proposing may be able to be piggybacked onto the trade managment ea your already developing, so I hope that makes
these ideas easier to implement.

In simple terms, the added features I'm requesting would simply enter additional lots into your positions at the exact moment price action touches a fib level.
The ability for the user to determine which fib levels the program should enter additional trades and in which direction, and an easily modifiable fib level tool,
would be great. If the same program could do stop losses and take profits based on fibs would be an added plus.
The ability to increase the lot size as you add to the trades on new fibs would also be great plus.
(exa: .02 lots per pair on 61.8% fib, but .04 lots per pair on 50% fib)
And the option to enter multiply additive trades on the same fib level, or one additive entry per fib level would likely be necessary.

In even simpler words, the problem this program would be attempting to address, would be:
placing sell orders above current market price in baskets on fib retracements and scaling into the trade with more sell orders as more fib resistance levels are encountered during the upward retracement,

and

placing buy orders below current market price in baskets on fib retracements and scaling into the trade with more buy orders as more fib support levels are encountered during the downward retracement,

This is something the BT ea sadly cannot do, but will make your fib trading incredibly more profitable, especially using the cherry picking ea.

I hope my request is easy to understand and follow, thanks HotPotato for all the great, hard work you have done so far,
I'll be hanging around just in case any clarifications are necessary.

Thanks for getting to the end, lol

Hope everything work out.
Good luck and hope your family members will be back to health soon.

Thanks a lot for taking the time.

CoolBudz,

Perhaps it is worth mentioning again at what point in time you create your basket.