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Basket Trading EA

  • #10,021
  • Jun 4, 2015 3:43am Jun 4, 2015 3:43am
Quoting popko
{quote} Hi Smoothtrader, This describes indeed the behaviour. I would like it to be different though. I would like to have SLOTS wait for new candle and then open a new trade if the signals are valid. -Popko-
I am just a user here. The true architect of this wonderful tool is Seller9. It is to him you should send your thanks, and as any coding questions.

GREEN pips to you good sir.
  • #10,022
  • Jun 4, 2015 5:44am Jun 4, 2015 5:44am
  •  Kadox
  • | Joined Feb 2015 | Status: FF will lead you in a disaster. | 89 Posts
I am testing the reverse style now(for about 4 days...just look at signals and take opposite trades...small but fast baskets...all in profit)...looking good so far...I think it is worthy of attention...I wonder if Seller could bring back the reverse trades function to make this automated,because its little annoying to test manually...
Another idea-make new function like Stop After # but in settings tab...this will let us choose how much baskets we want to be traded precisely and with no restrictions like now(could help in personal strategy needs).Also add Stop After#(SL).
  • #10,023
  • Jun 4, 2015 5:55am Jun 4, 2015 5:55am
Quoting jimbnc
{quote} Hello Blam...The time frame does not matter on the slots...The PA is always the same on any time frame.. Just remember everyone...get your 30 pips a session and compound the account.....Jimmy.
If you ask me - this is the ONLY way to trade Slots for consistent 30/40 pips profit.
I have mine set to take only the one basket at 40 pips. I have included the Asian session and the London session. Closing time is 30 minutes prior to US session.
I have found over many years that all profits gained during Asia/London are normally very quickly evaporated during the US session
Quite often the basket is closed within an hour or 2 after London open.
It just keeps bringing home the bacon day after day.
Keep your basket targets low and increase your lot when you're comfortable with what is happening.
The only other settings I use id the ATR TP and SL for a risk reward of 1:2.

Thanks again to Seller9 for his brilliant work over many years and to Jimbnc for the suggested setting.

Pip Poppy
  • #10,024
  • Jun 4, 2015 6:44am Jun 4, 2015 6:44am
  •  Kadox
  • | Joined Feb 2015 | Status: FF will lead you in a disaster. | 89 Posts
Attached Image


HAS+CCI+PA reversed
  • #10,025
  • Jun 4, 2015 9:07am Jun 4, 2015 9:07am
Do someone know if i can use the same Plugin twice in the same chart ?? lets say BB PIN1D and BBPIN2D = Signal........
  • #10,026
  • Jun 4, 2015 10:58am Jun 4, 2015 10:58am
Quoting jditch1
Do someone know if i can use the same Plugin twice in the same chart ?? lets say BB PIN1D and BBPIN2D = Signal........
Cannot. Please observe that Seller9 has already put a note on the first line in the plug-in setting.
  • #10,027
  • Jun 4, 2015 11:20am Jun 4, 2015 11:20am
Quoting chidchanok
{quote} Cannot. Please observe that Seller9 has already put a note on the first line in the plug-in setting.
Thanks for the tip Chidchanok, but sorry if you missunderstood me, i know it says "Select only 1 of 6" , what i mean is to attach twice the same indicator , the first as PIN1 the second as PIN2, and different setting each one..... image below
Attached Image (click to enlarge)
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  • #10,028
  • Jun 4, 2015 11:24am Jun 4, 2015 11:24am
Please any suggests here?
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  • #10,029
  • Jun 4, 2015 11:51am Jun 4, 2015 11:51am
Quoting cescof
Please any suggests here? {image}
I cant see your whole settings but could be 2 things, your Trading session hour is out or maybe the "one trade per candle" i mean, your slot chart TF is not the same as your pair chart, recheck this .......
  • #10,030
  • Jun 4, 2015 1:34pm Jun 4, 2015 1:34pm
Quoting cescof
Please any suggests here? {image}
Maybe the spread was too high at that time and higher than the setting in the slots
  • #10,031
  • Jun 4, 2015 10:07pm Jun 4, 2015 10:07pm
Quoting jditch1
{quote} Thanks for the tip Chidchanok, but sorry if you missunderstood me, i know it says "Select only 1 of 6" , what i mean is to attach twice the same indicator , the first as PIN1 the second as PIN2, and different setting each one..... image below {image}
Hi Jditch1,
Now I got your point and simulated the same set up as yours. Once the 2nd BB loaded, the first one will disappear. When delete the 2nd one, the first one will not be resumed until it is reloaded or reenter into its setting. Maybe only Seller9 can tell the logic.
  • #10,032
  • Jun 5, 2015 10:07am Jun 5, 2015 10:07am
Testing

Daily
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 106 KB
Click to Enlarge Name: CADJPYDaily2.png Size: 60 KB
Attached Image
Solutions ONLY!!!
  • #10,033
  • Jun 5, 2015 10:16am Jun 5, 2015 10:16am
Did a lot of testing over the week. I also trade manually and although the week was a good week, it was tough. So with that said I'm not sure it's fair to say that any setting was better than the other. PA did perform better and I found that if I set the stop loss at 1.0 it tosses the bad trades pretty fast. Then I used equity lock to manage the basket. I ran live and demo accounts. Demo accounts I think give a false sense of security, although that could just be my perception at the moment based on a small sample size. One week just does not tell us a lot.

Hope that helps. I plan to start one or two new live accounts and put my FXbook on them with posted settings so everyone can see the results with the settings. Thoughts?
  • #10,034
  • Jun 5, 2015 3:10pm Jun 5, 2015 3:10pm
Seller9

I would like to ask you to see if you could take a look at an issue that I'm having and I also think that could be a nice addition to SLOTS:

- The TP and SL option is static, and vary along the day. This is an issue since, when I get up in the morning to work I set it to >2.0 because there are still very few changes in the market. I feel that if this option could be updated X to X time (Maybe the TF that slots is into) I could get more of my system and better exits.
I feel that this may be helpful also for all other traders...

Thanks in advance!
May the green pips surround us all!
  • #10,035
  • Jun 5, 2015 4:40pm Jun 5, 2015 4:40pm
please keep us posted. so far tough week also but overall successful, kadox settings doing the best and th eone 30 pip basket demo also overall up. smoothtraders settings also up but with massive drawdown

Quoting Geekster
Did a lot of testing over the week. I also trade manually and although the week was a good week, it was tough. So with that said I'm not sure it's fair to say that any setting was better than the other. PA did perform better and I found that if I set the stop loss at 1.0 it tosses the bad trades pretty fast. Then I used equity lock to manage the basket. I ran live and demo accounts. Demo accounts I think give a false sense of security, although that could just be my perception at the moment based on a small sample size. One week just does not tell...
  • #10,036
  • Jun 5, 2015 5:14pm Jun 5, 2015 5:14pm
One of the problems, if I understand it correctly, is that the equity lock will actually not work if the existing account P&L is negative. I had a case where the basket was very positive, the equity lock never protected the basket because it was trying to overcome the loss. The basket then reversed and stopped out. Not sure if there is a way to prevent this.
  • #10,037
  • Jun 6, 2015 12:11am Jun 6, 2015 12:11am
Has anyone experienced any problems with the EA since the new MT4 build came out? I had it randomly close a basket three times over the last 2 days as if a stop was hit. At first I thought I might have accidentally pressed the Close All button, but I didn't, and I don't use stops. I just read where some other EA'S were acting up since the last update. If I am the only one I'll have to deal with it, but if others have experienced it I hope Sellers can take a look at it.

GREEN pips to one and all.
  • #10,038
  • Jun 6, 2015 2:27am Jun 6, 2015 2:27am
Quoting Geekster
One of the problems, if I understand it correctly, is that the equity lock will actually not work if the existing account P&L is negative. I had a case where the basket was very positive, the equity lock never protected the basket because it was trying to overcome the loss. The basket then reversed and stopped out. Not sure if there is a way to prevent this.
Are you sure you want to ask that question.
I did and was laughed at.
info@metacharttools,com
  • #10,039
  • Jun 6, 2015 6:58am Jun 6, 2015 6:58am
  •  Kadox
  • | Joined Feb 2015 | Status: FF will lead you in a disaster. | 89 Posts
Quoting SmoothTrader
Has anyone experienced any problems with the EA since the new MT4 build came out? I had it randomly close a basket three times over the last 2 days as if a stop was hit. At first I thought I might have accidentally pressed the Close All button, but I didn't, and I don't use stops. I just read where some other EA'S were acting up since the last update. If I am the only one I'll have to deal with it, but if others have experienced it I hope Sellers can take a look at it. GREEN pips to one and all.
Me too...
Maybe Seller can recompile EA for new build...
  • #10,040
  • Jun 6, 2015 7:20am Jun 6, 2015 7:20am
Quoting SmoothTrader
Has anyone experienced any problems with the EA since the new MT4 build came out? I had it randomly close a basket three times over the last 2 days as if a stop was hit. At first I thought I might have accidentally pressed the Close All button, but I didn't, and I don't use stops. I just read where some other EA'S were acting up since the last update. If I am the only one I'll have to deal with it, but if others have experienced it I hope Sellers can take a look at it. GREEN pips to one and all.

I had 1 close this way yestarday. It was set for exit va TSL but it closed on it's own.
Solutions ONLY!!!
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