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Basket Trading EA

  • #9,841
  • May 19, 2015 7:38am May 19, 2015 7:38am
Quoting neomatic
Hi, I currently use Slot V12. I have a question regarding the position that have been close by TP. I click on Stop after 1. But when it hit TP. It start a new trade on that pair. {image}
I think you did not put a TP. but try to put a TP and if it hits TP and did not close this is an issue
if there is market there will be opportunities
  • #9,842
  • May 19, 2015 7:42am May 19, 2015 7:42am
today i made 100 pip on start of London. using Slots V12. with the new plug. HAS 2/3/2/1 only
hit TP.

happy green pips
if there is market there will be opportunities
  • #9,843
  • May 19, 2015 8:03am May 19, 2015 8:03am
Quoting neomatic
Hi, I currently use Slot V12. I have a question regarding the position that have been close by TP. I click on Stop after 1. But when it hit TP. It start a new trade on that pair. {image}
The Close After 1 refers to the basket as a whole and not individual trades.GREEN pips to one and all
  • #9,844
  • May 19, 2015 8:25am May 19, 2015 8:25am
Quoting SmoothTrader
{quote} The Close After 1 refers to the basket as a whole and not individual trades.GREEN pips to one and all
Thank you StOoOk and SmoothTrader. I set a TP on slot using 1.5 as you can see on the previous screenshot. However, I was using PA + magicball 1 hour before London. End up with 134 pips today.

Thank you much Seller9!
  • #9,845
  • May 19, 2015 10:50am May 19, 2015 10:50am
Thanks Popko and SmoothTrader. I understand your point about the difference between the equity lock tracking the P/L vs basket equity. Thanks.
After baskets open they often seem to run in and out of profit. I guess if one's P/L is in the red, the only to grab a series of smaller profits would be to set a manual TP at a fixed number, say 30, then let the ea close, then start up a new basket, and repeat.?
  • #9,846
  • May 19, 2015 3:01pm May 19, 2015 3:01pm
Using eight ball from BT14 and PA, could be better but its a nice start test......

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 63 KB
  • #9,847
  • Edited 4:30pm May 19, 2015 4:06pm | Edited 4:30pm
SmoothTrader HAS and CCI:


Here is an example of the setup I believe SmoothTrader has been using, if there have been any changes please post them.

I hope this helps those getting started for the first time and helps in how to use Slots and the plugins.

Just remember, this is just for educational purposes only and in no way suggests a way to trade live.

I will be running this setup on Demo this week as shown and post the results the end of the week.

Thank You to SmoothTrader for sharing.

Edit: When using the Equity Lock it only starts to trail after the last equity lock setting, in the video I said it would trail after the first setting, which is not correct as there were more settings after that I forgot about.

Inserted Video
  • #9,848
  • May 19, 2015 9:47pm May 19, 2015 9:47pm
Quoting seller9
SmoothTrader HAS and CCI: Here is an example of the setup I believe SmoothTrader has been using, if there have been any changes please post them. I hope this helps those getting started for the first time and helps in how to use Slots and the plugins. Just remember, this is just for educational purposes only and in no way suggests a way to trade live. I will be running this setup on Demo this week as shown and post the results the end of the week. Thank You to SmoothTrader for sharing. Edit: When using the Equity Lock it only starts to trail after...
Thank you Seller9 for putting together the great video. That is the system that I am still testing. Thank you again for your help and for helping all those testing your wonderful tool, both experienced and new.

GREEN pips to you and your family good sir.
  • #9,849
  • May 20, 2015 3:44am May 20, 2015 3:44am
good tools to help with slots diognostics....needs variables..adjusted for each symbol unfortunately but if any guru could sort that would be nice... good luck to all
Attached File(s)
File Type: ex4 CCI_Tracer Trade Past.ex4   12 KB | 294 downloads
also daily and hourly movement monitors....handy for same diagnostics ...lastly renko shade handy for when waiting for movement(needs adjusting to 10/15 etc etc...(no tails)..any coders like to have a go at renko shade could be interesting..???
Attached File(s)
File Type: ex4 HourlyMovement.ex4   5 KB | 306 downloads
File Type: ex4 DailyMovement.ex4   7 KB | 296 downloads
File Type: mq4 RenkoShade2.mq4   17 KB | 310 downloads
  • #9,850
  • May 20, 2015 4:52am May 20, 2015 4:52am
thank you so much seller9 for that video the timing could not have been more perfect as I was about to set up a demo with smoothtraders settings and I would have fluffed at least two of those steps due to negligence such as not selecting pin 1 and pin 2 buttons and not setting the close after 5 button properly

thanks again to yourself and smoothtrader, demo has gotten off to a good start

absolutely invaluable
Quoting seller9
SmoothTrader HAS and CCI: Here is an example of the setup I believe SmoothTrader has been using, if there have been any changes please post them. I hope this helps those getting started for the first time and helps in how to use Slots and the plugins. Just remember, this is just for educational purposes only and in no way suggests a way to trade live. I will be running this setup on Demo this week as shown and post the results the end of the week. Thank You to SmoothTrader for sharing. Edit: When using the Equity Lock it only starts to trail after...
  • #9,851
  • May 20, 2015 6:03am May 20, 2015 6:03am
Hello everyone! He began to study Slots. Uploaded Advisor on your computer, but set a bad thing. What should be changed? Thank you very much!
Attached Image (click to enlarge)
Click to Enlarge Name: Slots.png Size: 110 KB
  • #9,852
  • May 20, 2015 6:11am May 20, 2015 6:11am
Quoting SmoothTrader
{quote} Thank you Seller9 for putting together the great video. That is the system that I am still testing. Thank you again for your help and for helping all those testing your wonderful tool, both experienced and new. GREEN pips to you and your family good sir.
Thank you Seller and Smooth, great stuff. I have been demoing Smooths strategy for about a week now and all going very well so far. Now that we have a trailing stop loss based on the ADR would you consider adding this as an exit to help stop large draw downs?
'Stability breeds Instability' Hyman Minsky
  • #9,853
  • May 20, 2015 10:05am May 20, 2015 10:05am
Thanks for video i followed all the steps and its been running since US open all by itself. -$250 so far good thing its Demo i will keep it going for a week so if things change.
  • #9,854
  • May 20, 2015 2:51pm May 20, 2015 2:51pm
Quoting avatarx51
Thanks for video i followed all the steps and its been running since US open all by itself. -$250 so far good thing its Demo i will keep it going for a week so if things change.
Don't worry, I also had a loss of $240 today.
  • #9,855
  • May 20, 2015 3:37pm May 20, 2015 3:37pm
Quoting Patrick93
{quote} Don't worry, I also had a loss of $240 today.
The best way so far was to press TP button. I use 1.5 settings to get out early before the price gonna reverse. Been making profit everyday. I trade H1 and only during London market. Using SmoothTrader's Template.

But the problem was. When it hit TP and P1 P2 still active. It will place the order right after that.
  • #9,856
  • May 20, 2015 5:56pm May 20, 2015 5:56pm
Quoting neomatic
{quote} The best way so far was to press TP button. I use 1.5 settings to get out early before the price gonna reverse. Been making profit everyday. I trade H1 and only during London market. Using SmoothTrader's Template. But the problem was. When it hit TP and P1 P2 still active. It will place the order right after that.
Hey Neomatic, do you use the SL button as well as the TP? I had massive draw downs last night in the NY session. I can't see any information on a SL for this strategy, seems to only be HASX and EL for exiting trades. The TSL seemed to get you out of trades to early so maybe the SL button on 1.5 might do the job.
'Stability breeds Instability' Hyman Minsky
  • #9,857
  • May 20, 2015 6:44pm May 20, 2015 6:44pm
loaded this up first day trading today. was going well from london until couple of hours into NY. then just disaster. will try london session only tomorrow and report back
  • #9,858
  • May 20, 2015 8:34pm May 20, 2015 8:34pm
I would like to share one tip for those running this EA on laptop with smaller resolution, that is rotate the display, most graphic card should have this option, choose to rotate 270 or 90 degreee, then all the buttons can be seen in the screen.

Green pips to you.

Daniel
  • #9,859
  • May 20, 2015 9:39pm May 20, 2015 9:39pm
Quoting blamshakk
loaded this up first day trading today. was going well from london until couple of hours into NY. then just disaster. will try london session only tomorrow and report back
I have noticed that when I try to get "greedy," as Seller9 calls it, and trade more than 2 or 3 baskets or go for too large of a TP, it turns around and bites me in the behind. That is why I would recommend reducing the number of baskets to 2 or 3. From the London opening, 2 baskets are usually completed before NY ever opens, and the profits are banked.

I know that it is hard to walk away from the markets when you think there may be more opportunities, but banking consistent profits is one of the strengths of this system and we should trade to our strengths. Nothing is perfect and will work in all markets, and in all situations. The trick is to learn the strengths, and exploit them, and to learn the weaknesses, and to avoid or minimize them.

Patience, learning, and effort are assets that can reward a trader with dividends that are beyond their wildest dreams and that will last a lifetime.

GREEN pips to you.
  • #9,860
  • May 20, 2015 9:45pm May 20, 2015 9:45pm
Quoting neomatic
{quote} The best way so far was to press TP button. I use 1.5 settings to get out early before the price gonna reverse. Been making profit everyday. I trade H1 and only during London market. Using SmoothTrader's Template. But the problem was. When it hit TP and P1 P2 still active. It will place the order right after that.
There is a work around, but it requires you to monitor the system.

You can manually over-ride the EA and keep it from initiating a new trade very simply. On the Dashboard, after a trade has been initiated all you have to do is click on the pair on the left to deactivate it from the EA. That way when a TP or SL is hit, it will not immediately re-enter the trade. Once the new hour arrives, click on the pair to reactivate it, so that if there is a new signal it will be taken.

May GREEN pips flow into your account and your life.
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