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Basket Trading EA

  • #9,901
  • May 25, 2015 4:16am May 25, 2015 4:16am
thanks will load up these settings now for tomorrow open

Quoting Jayxmk84
{quote} Hey blamshakk, the EA runs from Frankfurt open to NY close, baskets set to 5.
  • #9,902
  • May 25, 2015 9:42am May 25, 2015 9:42am
Hello Seller and SlotGuys กก Maybe this is a silly question but i need your opinion, im my 4 weeks of best setting research and testing, ive been trying more than 8 settings, some with regular low profits, the thing is i found one with regular very high looses, in my 4 years experience, i ve seen some traders that uses this kind of strategy, its easier to find a looser system that a winner one, and im sure everyone of you have found one big looser , so, i was wondering if Slots had some kind of reversal function what would happen....lets say to trade mondays....or no regular trading hours.......choppy markets............Just an idea.......
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  • #9,903
  • May 25, 2015 12:29pm May 25, 2015 12:29pm
Thanks Leomeister and ShomariG for your replies and help. Everything seems to be working when the market opened.

I do have one other question. I do not and have not traded with a demo account IN years, as I trade live. But have never used an EA or a basket before. I would like to test the basket out on a demo. But when I try to down load a new MT4 demo into a another folder on my C/drive it conflicts with my live account and slows my computer down big time. Both the live and demo are in separate folders in my C/ drive and are not located in the program files, however both accounts are from the same broker. My question is how do I download a demo account using MT4 without it conflicting with my live account? I am sure there is a simple answer but somehow I am missing it. Oh and I do not have them both opened at the same time
  • #9,904
  • May 25, 2015 2:16pm May 25, 2015 2:16pm
@jditch1

The easyest way is to pick up a copy of the TradeCopier somewhere, use the trade reverse function and run it on a separate demo account to to see if you are right.
I have seen it being tried many times but it never saw it amount to anything.
info@metacharttools,com
  • #9,905
  • May 25, 2015 9:57pm May 25, 2015 9:57pm
hi guys...re dobbie11 slow demo/live acct in c drive etc......and for all users of EA,s seller did a great video on cleaning your computers/mt4 files a while ago...I use that method all the time to check/clean my puta and vps to strip it down for cleaner quicker running etc......when u download all history you can clean out all unwanted exotics history out/experts /indicators etc etc if you don't use them get rid.......seller good method of cleaning out video was basically ...as follows ...open data folder/users/john/app data/roaming/metaquotes/terminal......nb when u get to terminal you may get a shock to find your computer has stored all your mt4 files you have ever downloaded..... make a note of the terminal number you use and get rid of the others....{short cut is open data folder and on top of screen click terminal to see how many mt4s you have on your system}(I got a big big shock when I first did this...over 30 old mt4s)...good luck to all and keep up the good work..cheers
  • #9,906
  • May 25, 2015 10:43pm May 25, 2015 10:43pm
Quoting davrock
hi guys...re dobbie11 slow demo/live acct in c drive etc......and for all users of EA,s seller did a great video on cleaning your computers/mt4 files a while ago...I use that method all the time to check/clean my puta and vps to strip it down for cleaner quicker running etc......when u download all history you can clean out all unwanted exotics history out/experts /indicators etc etc if you don't use them get rid.......seller good method of cleaning out video was basically ...as follows ...open data folder/users/john/app data/roaming/metaquotes/terminal......nb...
Hi Davrock,

Thank you for your feedback. I have to say it is pretty clean at this time. I have unistalled and installed a new meta trader and have cleaned it totally out before reinstalling. Right now I have a live account and the demo account on the same platform. I would like to now how to install 2 MT4's into my computer which would run separately. I noticed when Seller9 was doing his videos, which are very well explained. He had several MT4's which seemed to all be the own platform. But when I try to install them into different folders in my C drive they slow my computer down or it just does not work correctly. I have no idea what I may be doing wrong. Anyone have any other suggestions.
  • #9,907
  • May 26, 2015 2:51am May 26, 2015 2:51am
you must name each c folder differently ie ...demo / live acct etc...but one ea per acct is reccomended...I am running 4 separate accounts (diff brokers)and it seems to be running ok so far...but am watching carefully...
  • #9,908
  • May 26, 2015 3:38am May 26, 2015 3:38am
Quoting Jayxmk84
$3 baskets only using PA, no indicators (M5) {image}
IMHO, it will not work if there is no SL. Sooner or later you get a large spike and it will wipe out all previous small profits.
Not financial advice. For testing purposes only. Do not use on live account
  • #9,909
  • May 26, 2015 5:38am May 26, 2015 5:38am
Quoting davrock
you must name each c folder differently ie ...demo / live acct etc...but one ea per acct is reccomended...I am running 4 separate accounts (diff brokers)and it seems to be running ok so far...but am watching carefully...
Ok so the trick then is to use different brokers and just make separate folders in the C drive for each acct and MT4 demo account. I will try that. Thanks
  • #9,910
  • May 26, 2015 5:43am May 26, 2015 5:43am
I ran the EA last night for the first time using HAS and CCI as the PINS. It made .77 cents. Have to say not bad considering the market is still in consolidation from Fridays move and the holiday. But I did notice that the EA takes the trade or trades before the close of the candle, is that correct or should it wait till each candle closes???
  • #9,911
  • May 26, 2015 6:36am May 26, 2015 6:36am
Quoting dobbie11
{quote} Ok so the trick then is to use different brokers and just make separate folders in the C drive for each acct and MT4 demo account. I will try that. Thanks
Hello Dobbie11, I don't have any problem running multiple live/demo accounts from the same broker but you must be sure to install each new install from same broker in a different folder named during the installation process. So when you manually choose 'Settings" tab in the install window, be sure to manually type in an install path to a newly named folder like; C:\brokerA-MT4-demo1 , C:\brokerA-MT4-demo2, C:\brokerA-MT4-demo3 ,C:\brokerA-MT4-Live1 , etc.. These shouldn't conflict.
Maybe you're already doing this? I know its possible in the latest MT4 installation process to go Next, Next, and install over a previous MT4 installation.
  • #9,912
  • May 26, 2015 6:39am May 26, 2015 6:39am
Quoting seller9
{quote} Also, don't get greedy and try to make your first million the first week, at least take a month or two.


Seller9, can you share a bit about on what factors the PA setting takes trades?
Not financial advice. For testing purposes only. Do not use on live account
  • #9,913
  • May 26, 2015 6:48am May 26, 2015 6:48am
smoothtraders and kadox settings got off to a great start today but then violent whipsaws have left me in equity dd. will limit the number of baskets for smoothtrader demo from 3 to 2, and for kadox settings profit was locked in due to equity lock so all good
  • #9,914
  • May 26, 2015 6:54am May 26, 2015 6:54am
Quoting Leomeister
{quote} Hello Dobbie11, I don't have any problem running multiple live/demo accounts from the same broker but you must be sure to install each new install from same broker in a different folder named during the installation process. So when you manually choose 'Settings" tab in the install window, be sure to manually type in an install path to a newly named folder like; C:\brokerA-MT4-demo1 , C:\brokerA-MT4-demo2, C:\brokerA-MT4-demo3 ,C:\brokerA-MT4-Live1 , etc.. These shouldn't conflict. Maybe you're already doing this? I know its possible in...
I have tried that but maybe I am doing something wrong. I have cleared out everything at this time and just set up a demo and my live account under the same broker and MT4 platform. I will try again later today after the London sessions closes. I do appreciate your help.

Leomeister, do you know if the EA takes the trade during the current candle or does it wait for it to close?
  • #9,915
  • May 27, 2015 6:39am May 27, 2015 6:39am
I am still a bit in the dark how to handle the equity profit, losses and locks.

I didn't set an unrealistic eq lock but the day started with some bad entries making the account p/l and basket equity negative.
Some more bad entries followed resulting in even a more negative equity.
At some point in the sessions the entries became better and the current basket profits soared way,way above the equity locks i initial set but due to the
previous losses never reached the lock points.
Because of the time it took to reach the higher eq locks more entries were added but a lot of earlier started fading away and the signals closed those entries negative resulting in even more unrealistic profits needed to get an eq lock on a basket.
I watched Slots trading that day and if i would have manually closed the baskets i could have made a profit.
Btw, the [close all] or [Reset] button is not really a option because Slots stops trading completely until you stop it, restart it, and apply all buttons and pins again.

This behavior look like a trader that doesn't want to take a loss and keeps upping the stakes until he wins (or as usual lose even more).

Anybody has any inside for me ?
Attached Image
info@metacharttools,com
  • #9,916
  • May 27, 2015 7:52am May 27, 2015 7:52am
Hello reliable gurus out there.....please can anyone help me code an EA that sets automatic order on a Moving Average price(14 days periods) with sl and tp with the MA visible on the chart? What I want is when price breaks upside the MA, the EA should open buy order and if price broke downside the MA,the EA should open a sell position plot automatic sell.
  • #9,917
  • May 27, 2015 8:55am May 27, 2015 8:55am
Quoting razaali
Hello reliable gurus out there.....please can anyone help me code an EA that sets automatic order on a Moving Average price(14 days periods) with sl and tp with the MA visible on the chart? What I want is when price breaks upside the MA, the EA should open buy order and if price broke downside the MA,the EA should open a sell position plot automatic sell.
Hey razaali, this EA can do exactly what you want, just use plugin MA2......but you have to read a few post and watch some videos so you can manage the bot without mistakes.....good luck tou you
  • #9,918
  • May 27, 2015 9:21am May 27, 2015 9:21am
Quoting jditch1
{quote} Hey razaali, this EA can do exactly what you want, just use plugin MA2......but you have to read a few post and watch some videos so you can manage the bot without mistakes.....good luck tou you
Hi, thank you..is that MA2 on default settings. I would like to try some tests by 15 M and together with MAcd Pin2 and Macd exit..And trailing stop exits together.
" Accepting losses is the most important single investment devise "
  • #9,919
  • May 27, 2015 10:24am May 27, 2015 10:24am
Quoting freedom48
{quote} Hi, thank you..is that MA2 on default settings. I would like to try some tests by 15 M and together with MAcd Pin2 and Macd exit..And trailing stop exits together.
Its not on the default setting, you have to install it and set it up.....as well as the MAcd plugin
  • #9,920
  • May 27, 2015 10:34am May 27, 2015 10:34am
Hi Seller, i just realized the MA_plugin_v4 repaints, its a great plugin and gives signals good, but the next candle the slope changes color if the price reverses, is there any way this can be fixed or prevented from fake signals ???
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