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Basket Trading EA

  • #9,521
  • Apr 30, 2015 11:13am Apr 30, 2015 11:13am
Quoting StOoOk
Hello seller9, I have a problem with MA2 plugin, the settings are attached. the problem are some of TFs are selling or buying with the same time candle. here is some examples of what happen. check the PICs. it enter correctly but exit for no resone the re-enter again. i have seeen it on many pairs today. regards, {image} {image} {image} {image} {image}
What time frame do you have Slots on???

The one trade per candle is based on the time frame of the chart you have slots placed on.

If you have slots on M1 it will take a new trade every minute, so if the pair you are trading is on a 15 minute chart it could take up to 15 trades on that pair as the signal will be present for 15 minutes.

Keep Slots on the same time frame of your other charts if you only want one trade per candle to work properly.

All other calculations done by slots are independent of the time frame it is on.
  • #9,522
  • Apr 30, 2015 1:17pm Apr 30, 2015 1:17pm
Quoting seller9
{quote} What time frame do you have Slots on??? The one trade per candle is based on the time frame of the chart you have slots placed on. If you have slots on M1 it will take a new trade every minute, so if the pair you are trading is on a 15 minute chart it could take up to 15 trades on that pair as the signal will be present for 15 minutes. Keep Slots on the same time frame of your other charts if you only want one trade per candle to work properly. All other calculations done by slots are independent of the time frame it is on.
Yes it may this the problem. I put the slots on 1H and charts on 15 mins. The EA must be confuse about this situation. I will see this on Monday. Happy weekend Seller9
if there is market there will be opportunities
  • #9,523
  • Apr 30, 2015 1:19pm Apr 30, 2015 1:19pm
Quoting seller9
{quote} Try downloading version 7 again from the first post and see and see if that helps.
Yes I download v7 slots. But it could be from the settings I think of the time frame.
Thank you sir
if there is market there will be opportunities
  • #9,524
  • Apr 30, 2015 3:47pm Apr 30, 2015 3:47pm
A very interesting day in the markets for the SLOTS EA with my setting:

Trading hours London Open (2:00 am local) to 5 minutes before US Stock Market Closes (2:55 pm local)

PIN 1 HAS X:2/4/2/1 exit true
PIN 2 CCI D:0/14/1/25/-25 exit false

Equity TP equal to 2.5% @ 50 pips
Stop after 2

The first basket began slowly with only one trade at the open but got into full swing the next hour at 3:00 am local. Eleven new positions were added to the basket and within 5 minutes the basket closed at its TP Level. One down one to go.

The second basket began opening immediately after the close of the first basket and closed 10 hours and 47 minutes later at its TP Level.

The second basket was an exciting basket. It opened at the momentum high for the basket pairs (11 pairs) and immediately began to go against me. I decided to let it go and observe how it worked its way out. It took an additional 20 trades plus the original 11 to finally work its way to the TP Level.

The actual trades for the day are listed in the Word Document below.

GREEN pips come to those that are patient.

Attached File(s)
File Type: docx SLOTS 4_30_15.docx   30 KB | 643 downloads
  • #9,525
  • Apr 30, 2015 4:39pm Apr 30, 2015 4:39pm
Hi Seller,

Thank you for wonderful EA.
I got some trouble with my laptop. Whenever I try 'Slot' ea, just MT4 program is not responding, not whole computer.
In order to use 'slot' properly, what is minimum requirement about computer?
Mine is like the below.
CPU - Intel Core i3
Memory - 4 GB DDR3
750GB HDD
Any recommendation?

Thanks.
  • #9,526
  • Edited 5:36pm Apr 30, 2015 5:18pm | Edited 5:36pm
  •  Kadox
  • | Joined Feb 2015 | Status: FF will lead you in a disaster. | 89 Posts
Quoting SmoothTrader
A very interesting day in the markets for the SLOTS EA with my setting: Trading hours London Open (2:00 am local) to 5 minutes before US Stock Market Closes (2:55 pm local) PIN 1 HAS X:2/4/2/1 exit true PIN 2 CCI D:0/14/1/25/-25 exit false Equity TP equal to 2.5% @ 50 pips Stop after 2 The first basket began slowly with only one trade at the open but got into full swing the next hour at 3:00 am local. Eleven new positions were added to the basket and within 5 minutes the basket closed at its TP Level. One down one to go. The second basket began...
Interesting...
I have set EA to trade only 1 basket/day(LO session).
Basket TP-none,use only TS(Target-10,Lock-5).
0.01Lot,Balance-500,Liverage 1:400
Testing 10 days-about 2200 pips profit,Maximum DD-2,3%,Relative DD-2,3%(which in my opinion is very good).
Looked to your statement...relative DD is big...if things keep going like this-you can drain your acc...
I know this is 1-day statement but in a long term this can be a disaster
  • #9,527
  • Apr 30, 2015 6:01pm Apr 30, 2015 6:01pm
Quoting Kadox
{quote} Interesting... I have set EA to trade only 1 basket/day(LO session). Basket TP-none,use only TS(Target-10,Lock-5). 0.01Lot,Balance-500,Liverage 1:400 Testing 10 days-about 3200 pips profit,Maximum DD-2,3%,Relative DD-2,3%(which in my opinion is very good). Looked to your statement...relative DD is big...if things keep going like this-you can drain your acc... I know this is 1-day statement but in a long term this can be a disaster
I will be the first one to admit that I am pushing the MM with the EA to its limits. I want to see how it reacts under different stress situations with this very aggressive MM. If the account survives a couple of months under these conditions, then I will start testing in a more sustainable MM mode such as yours. This will give me a good picture of what to actually expect when I ramp it up to a fully funded system because I will have explored the different limits of the system.

Right now I started with $300, 1000:1 leverage, Basket TP @ 2.5%, position size determined by approximately 50 pips to reach TP {(Balance* TP%)/(average $ value of 1 pip * # of pips * 100) = (300*.025)/(.09*50*100) = .0167 = .02 lots}, and Stop after 2. I think that this is very aggressive and might define the upper limits of the system. If not, I'll start another test after a couple of months with even more aggressive MM.

As with any valid system, one week or one month does not make or break it. Since we cannot back test the EA, it will be a long process to explore its limits under as many varied conditions as possible.

Good things, and GREEN pips, come to those that persevere
  • #9,528
  • Apr 30, 2015 11:11pm Apr 30, 2015 11:11pm
Quoting SmoothTrader
A very interesting day in the markets for the SLOTS EA with my setting: Trading hours London Open (2:00 am local) to 5 minutes before US Stock Market Closes (2:55 pm local) PIN 1 HAS X:2/4/2/1 exit true PIN 2 CCI D:0/14/1/25/-25 exit false Equity TP equal to 2.5% @ 50 pips Stop after 2 The first basket began slowly with only one trade at the open but got into full swing the next hour at 3:00 am local. Eleven new positions were added to the basket and within 5 minutes the basket closed at its TP Level. One down one to go. The second basket began...
WoooW!! brother, its awesome! What is Pin btw? I can turn it off & on but what is it? & is there any kind of different settings for Slots EA? or it just perfect from out of box?
It is the dust where you came from & it is the dust where you shall return
  • #9,529
  • Apr 30, 2015 11:20pm Apr 30, 2015 11:20pm
Quoting SmoothTrader
{quote} I will be the first one to admit that I am pushing the MM with the EA to its limits. I want to see how it reacts under different stress situations with this very aggressive MM. If the account survives a couple of months under these conditions, then I will start testing in a more sustainable MM mode such as yours. This will give me a good picture of what to actually expect when I ramp it up to a fully funded system because I will have explored the different limits of the system. Right now I started with $300, 1000:1 leverage, Basket TP @...
YES, you are right, Slots EA needs to be explored in different circumstance with aggressive MM to see how far it can sustain before it collapse, therefore, If we can find out its limit then we can use it on 100% more efficiently!

Know your limits before you start battle!

Now it is:

Know your EA's limit before you start Forex War!
It is the dust where you came from & it is the dust where you shall return
  • #9,530
  • May 1, 2015 3:32am May 1, 2015 3:32am
Quoting infernal199
{quote} GOD!! You are CRAZY!!! NOP this EA is Crazy!!! lolzz Whats the settings? sorry i am new in this EA... dont know anything yet
The first thing that I would suggest is to view all the videos that Seller9 was kind enough to produce and place on YouTube. They can be found at:

https://www.youtube.com/results?search_query=TheForexdb

This will get you acquainted with the EA and what all the buttons and settings are used for. It will take a couple of hours but with the weekend coming-up it will be a perfect time to study them.

Then I would suggest reviewing this forum from page 440 to the end. Again it will take some time to cover the 37 pages, but it will be well worth the time and effort. You will follow the evolution of the SLOTS EA and see various settings that other traders have begun to test. This should give you a good starting point for your own testing to find what settings that are the most comfortable for you and your trading style.

All in all, it should take at least 4 to 10 hours to get familiar with the EA. This may sound like a lot, but remember that Seller9 has put in 100's of hours to bring this wonderful tool to us (Thank you again), and that others have put in 20, 30, 50 or more hours testing different settings. I firmly believe that it is in your own best interest to learn as much about it as possible. That way down the road if the markets change their character you will be better able to adapt.

This tool is NOT a Get Rich Quick Scheme. It is a Get Rich and Comfortable SLOW tool that will take time and effort to maintain.

With each day's effort and learning, the GREEN pips will multiply as they flow into your account and into your life.
  • #9,531
  • May 1, 2015 4:06am May 1, 2015 4:06am
Sorry for noobies but if if put equity tp for ex 250 and autorestart when tp is reached basket will close ok , but equity still remain quite near to 250 so what i can do to reset equity and start again everithing to reach again new tpof 250?
Regards
  • #9,532
  • Edited 4:26am May 1, 2015 4:15am | Edited 4:26am
Quoting cescof
Sorry for noobies but if if put equity tp for ex 250 and autorestart when tp is reached basket will close ok , but equity still remain quite near to 250 so what i can do to reset equity and start again everithing to reach again new tpof 250? Regards
Go to Seller9 YouTube site at:

https://www.youtube.com/results?search_query=TheForexdb

These videos will answer 99.9% of your questions. I still refer back to them on occasion and will re-watch them again this weekend. Not because I am bored, but because I want to know as much about this tool as I can.

Set the GO AT PROFIT button green or to the number of baskets you want it to work on during your trading session. Auto Restart button is used if you have multiple trading sessions throughout the day.

When your basket hits the TP level it will close that basket and begin trading a new basket with the same TP level.

Hopefully this helps.

GREEN pips to one and all.
  • #9,533
  • Edited 4:59am May 1, 2015 4:31am | Edited 4:59am
Quoting SmoothTrader
{quote} Go to Seller9 YouTube site at: https://www.youtube.com/results?search_query=TheForexdb These videos will answer 99.9% of your questions. I still refer back to them on occasion and will re-watch them again this weekend. Not because I am bored, but because I want to know as much about this tool as I can. Set the GO AT PROFIT button green or to the number of baskets you want it to work on during your trading session. Auto Restart button is used if you have multiple trading sessions throughout the day. When your basket hits the TP...
thanks and sorry i will to see all video again.
Regards

Sorry but in my case with setting as screenshot... i've all 28 pairs on and 0:2359 session open... if i take go at profit ... next order that reach 15$ of gain ... take me to equity tp.... and this is not i want...
Regards
http://gyazo.com/cfae05aea6823d75244eff21963b866d
  • #9,534
  • May 1, 2015 4:58am May 1, 2015 4:58am
Quoting SmoothTrader
{quote} The first thing that I would suggest is to view all the videos that Seller9 was kind enough to produce and place on YouTube. They can be found at: https://www.youtube.com/results?search_query=TheForexdb This will get you acquainted with the EA and what all the buttons and settings are used for. It will take a couple of hours but with the weekend coming-up it will be a perfect time to study them. Then I would suggest reviewing this forum from page 440 to the end. Again it will take some time to cover the 37 pages, but it will be...
Yup, bro... starting from tonight till market open again...
It is the dust where you came from & it is the dust where you shall return
  • #9,535
  • May 1, 2015 5:20am May 1, 2015 5:20am
Anyone else having troubles navigating these choppy seas during the London session today? Damn public holidays with news releases, low liquidity with high volatility. Hit my 50 pip SL and I'm out for the day. First day out of 8 with my settings on slots that I have had to walk away with a loss. Still not bad 7 days of 50 pips and 1 day of -50 pips.

Good luck to all
'Stability breeds Instability' Hyman Minsky
  • #9,536
  • Edited 6:13am May 1, 2015 5:38am | Edited 6:13am
Quoting BillYon
{quote} Broker does not have all 28 required pairs on the platform...
Yes, the brpoker has all the 28 pairs.
I tried to use it on another broker's platform (XM), but it is useless on it, too.
I gave up.


EDIT: I found the problem on XM: the Slots EA can't operate with suffixes (e.g. micro). I 've set it on a demo account, without suffix, and it is working fine now.
  • #9,537
  • May 1, 2015 6:28am May 1, 2015 6:28am
Quoting moncsicsi78
{quote} Yes, the brpoker has all the 28 pairs. I tried to use it on another broker's platform (XM), but it is useless on it, too. I gave up. EDIT: I found the problem on XM: the Slots EA can't operate with suffixes (e.g. micro). I 've set it on a demo account, without suffix, and it is working fine now.
Use Tradersway... mine is working now.... btw, Anyone of you know about "Tradersway" broker? seems to me they are new... should we trust it?
It is the dust where you came from & it is the dust where you shall return
  • #9,538
  • May 1, 2015 6:57am May 1, 2015 6:57am
Hi Guys; Anybody detected when the slots EA hit the "basket equity"( go at profit is green) the EA closes and its need to start manually the EA again.
nesta
  • #9,539
  • May 1, 2015 7:02am May 1, 2015 7:02am
  •  Kadox
  • | Joined Feb 2015 | Status: FF will lead you in a disaster. | 89 Posts
Quoting ALFtrade
Anyone else having troubles navigating these choppy seas during the London session today? Damn public holidays with news releases, low liquidity with high volatility. Hit my 50 pip SL and I'm out for the day. First day out of 8 with my settings on slots that I have had to walk away with a loss. Still not bad 7 days of 50 pips and 1 day of -50 pips. Good luck to all
That was expected...
Attached Image (click to enlarge)
Click to Enlarge Name: bad.JPG Size: 43 KB
  • #9,540
  • May 1, 2015 7:32am May 1, 2015 7:32am
Quoting Kadox
{quote} That was expected... {image}
Yeah I always study the news calender to make sure I'm not in positions about 30 mins before a news release. I trade a bit like yourself I think, where I manually trade by doing my research first then executing my plan. I normally use the take profit at 50 pips and out of the market with in 2 hours of the London session but thinking of trying out the equity lock as it seems you can bring in a lot more pips doing this. I am use to the volatility that comes with low liquidity but was trying my strategy during these times to see if it could still work to get in and out quickly. I think it is just better to not trade on such days as there's always another day.
'Stability breeds Instability' Hyman Minsky
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