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Basket Trading EA

  • #10,541
  • Jul 27, 2015 9:43pm Jul 27, 2015 9:43pm
Quoting darmej
{quote} Hi Seller, When are you going to share new Casino v32? Regards
When he's ready to I suppose. Why the rush? He needs to test it!
  • #10,542
  • Jul 28, 2015 8:42am Jul 28, 2015 8:42am
I think the BO plugin will be a very wonderful tool from @Seller9. Thank you once again for this great tool.

Playing with the idea of BO and 80pips already. I don't know if my chart and BO line is okay though, but I love this idea so much. Waiting for the real deal from @Seller9
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  • #10,543
  • Jul 28, 2015 10:12am Jul 28, 2015 10:12am
Quoting iuforex
{quote} Great trades Seller! I can't wait to help test that plugin! I know there has been some discussion on how to create those trend/breakout lines, so I'm attaching a few PDFs on the demark trend lines which have been mentioned here. There's obviously several ways, but this author uses the 4 hour. He also goes into detail on how to figure TP and SL. {image} {image} {image}
Thank you for this reading material.

The document about SLs is very valuable and I hope Seller9 will implement that document in full including the recommended SL of 10 pips profit once 40 pips have been generated.
  • #10,544
  • Jul 28, 2015 10:27am Jul 28, 2015 10:27am
Quoting darmej
{quote} Hi Seller, When are you going to share new Casino v32? Regards
I always test for a week or two as I need to watch as trades develop and open and close using the different settings in a new plugin.

It is easier for me to fix it when I can see what is happening than trying to fix a problem that may be operator error.

I am still making adjustments to make it as easy as I can with the minimum number of needed properties. KIS

So far the Trend BO Plugin is doing OK as can be seen by my posts, it does require some thought and understanding on the part of the trader, so I suggest if anyone is not familiar with drawing trend lines like Sam does or doesn't understand how to trade break outs, please google it and read up on it.

There has been some PDFs posted a few posts back that everyone should read as they give a very good insight into how part of the plugin works.

I will be making some changes to a few of the ideas to make it easier to use and even be a better pip getter, of course, it still requires everyone to use what is between your ears, leave lagging indicators out of the equation and your account will survive to trade another day.

KIS PA is KING
  • #10,545
  • Jul 28, 2015 10:31am Jul 28, 2015 10:31am
Last night's results while I was asleep, its nice to wake up to a nice green graph.

You will notice, I am not greedy.

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  • #10,546
  • Jul 28, 2015 10:43am Jul 28, 2015 10:43am
Quoting seller9
Last night's results while I was asleep, its nice to wake up to a nice green graph. You will notice, I am not greedy. {image} {image} {image} {image} {image}
How are you TP and SL settings working? That 3rd PDF has some good guidelines to prevent you from giving pips back.
  • #10,547
  • Jul 28, 2015 1:00pm Jul 28, 2015 1:00pm
Quoting fxtrader08
{quote} How are you TP and SL settings working? That 3rd PDF has some good guidelines to prevent you from giving pips back.
The SL in the PDF is based on the price projection which is not always very good depending on how the lines get drawn so I am experimenting with other SL settings and also other TP target settings.

You should also take into account resistance and support zones from other time frames to find these TP/SL targets.

This will not be a complete hands off plugin, it will require some setup for the pairs you decide to trade. Tolook at 28 pairs for the day and determine which ones to trade should take about 20 minutes and you are done for the day.

1) Check the news
2) Determine which pairs you will trade after looking at each chart and its trend lines (Move them if you don't like what has been drawn)
3) Determine your TP and SL settings.
4) Determine the hours you want to trade, either a master setting for all trades or individual time settings for the pairs selected.
5) Leave and let Casino do its thing.
  • #10,548
  • Jul 28, 2015 7:23pm Jul 28, 2015 7:23pm
Quoting fxtrader08
{quote} Commodity currencies are getting stronger it appears. Look at them aligning in this list. Does this make sense? Kind of as if we look at Oil for example, it looks to be bouncing off support. I'm not experienced enough to say for sure. I couldnt see CAD being that strong on USDCAD but when I went and looked at all of the CAD pairs, they all look about to blow through the downward trend line signalling that CAD is getting stronger. Then I see your message here and look at NZD and see its also getting stronger thus far in the day. Oil chart...
May I ask what's the EA you are using,Thank you very much
  • #10,549
  • Jul 28, 2015 8:08pm Jul 28, 2015 8:08pm
Hi Seller9,

I had been following this thread for a while and got a break in the middle. I ever left a post to you at post #10160, it was in regard to the BT_14_V1, somehow, I did not hear or see back from your response, I guess you have been having too much questions and works waiting for you.

However, here are my questions again and hope I could get some of your instructions.

By following up the "Getting Start word manual", I set up all and applied the template and EA has up to running with one exception. the IXO indicators don't seem right, they have way too much whip saws, and not like what you showed here at all. as an result, the recent trades were closed frequently due to the IXO_1 changed the color. CAN YOU PLS. have an eye on it for me? Big thanks!

Also, due to the unsuccessful trying of this version, I moved to the most current BT_14_v27 and Basket Writer v7 that were posted on page 1, however, without any installation manual, i am even unable to touch them. So, My 2nd question is CAN YOU PLS. get me some direction on where the manuals are.

Of Course, IF ANY OF READERS here may get me a hand, I am bending my back to you !

thanks !
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  • #10,550
  • Jul 28, 2015 8:38pm Jul 28, 2015 8:38pm
Quoting fallenleaf
Hi Seller9, I had been following this thread for a while and got a break in the middle. I ever left a post to you at post #10160, it was in regard to the BT_14_V1, somehow, I did not hear or see back from your response, I guess you have been having too much questions and works waiting for you. However, here are my questions again and hope I could get some of your instructions. By following up the "Getting Start word manual", I set up all and applied the template and EA has up to running with one exception. the IXO indicators don't seem right, they...
This version is no longer used or supported.

Go to 1st post and download the latest and watch the videos there.
  • #10,551
  • Jul 28, 2015 8:40pm Jul 28, 2015 8:40pm
First hit of the evening, TP target was 20 pips in this test.

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  • #10,552
  • Jul 28, 2015 8:58pm Jul 28, 2015 8:58pm
Here is another test, the same as the previous one (EURUSD) that hit its 20 pip TP, but this one is using a Jumping Stop Loss without a TP target to see how far it can go.

The JSL jumps to the next higher low as each candle closes.
It has made one jump so far and is right around break even now.
If it continues to go up without coming back to the JSL then when the present candle closes it will jump to the next higher low.

I want to see if a fixed TP or a JSL works the best with everything else the same.
This with the JSL we may be able to catch the ones that explode and keep on going.
Of course then with a fixed TP of say 20 pips and maybe 5 trades a day it may be a better way to reach roughly 100 pips a day.

Of course another way would be to see where Resistance and support are and use those to place your TP and SL, but a lot of the times with these breakouts its best to grab a sure thing and remember, "DON'T GET GREEDY"

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  • #10,553
  • Edited 10:31pm Jul 28, 2015 10:00pm | Edited 10:31pm
Quoting seller9
{quote} This version is no longer used or supported. Go to 1st post and download the latest and watch the videos there.
Opps, Seller9, you are here! that's quick, looks like we are in the same time zone... Ok, I'll take a ride to go to the latest version, lol


thanks You !
  • #10,554
  • Jul 28, 2015 10:35pm Jul 28, 2015 10:35pm
Quoting fallenleaf
{quote} Opps, Seller9, you are here! that's quick, looks like we are in the same time zone... Ok, I'll take a ride to go to the latest version, lol thanks You !

Hi fallenleaf - I think you will find what you seek at post 8617.

Stew
Non Illigitamus Carborundum
  • #10,555
  • Jul 28, 2015 10:51pm Jul 28, 2015 10:51pm
Quoting seller9
Here is another test, the same as the previous one (EURUSD) that hit its 20 pip TP, but this one is using a Jumping Stop Loss without a TP target to see how far it can go. The JSL jumps to the next higher low as each candle closes. It has made one jump so far and is right around break even now. If it continues to go up without coming back to the JSL then when the present candle closes it will jump to the next higher low. I want to see if a fixed TP or a JSL works the best with everything else the same. This with the JSL we may be able to catch the...

Seller9, Would you feel as comfortable on the 1Hr T/F?

4 hrs is a long time between the next higher low of each successive candle to move the JSL without the trend reversing.

Your previous BEJS (Break Even Jump Stop) might be more suitable here.

Thanks for your leadership and efforts.

Stew
Non Illigitamus Carborundum
  • #10,556
  • Jul 29, 2015 12:19am Jul 29, 2015 12:19am
Quoting stew
{quote} Hi fallenleaf - I think you will find what you seek at post 8617. Stew
THANKS A LOT, BUDDY!

  • #10,557
  • Jul 29, 2015 12:29am Jul 29, 2015 12:29am
Quoting seller9
{quote} This version is no longer used or supported. Go to 1st post and download the latest and watch the videos there.

Hey Seller9, sorry but its me again with the same question about IXO indicator.

with BT_14_V27, i put on the indicator manually, somehow, I am having the same whipsaw that I mentioned last post, is it normal ? if these whipsaw keep happen frequently, then the trades can be broken up with lost or less profit.

Can you pls. advise?

thanks!
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  • #10,558
  • Jul 29, 2015 5:19am Jul 29, 2015 5:19am
So far today 70pips.
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  • #10,559
  • Jul 29, 2015 9:15am Jul 29, 2015 9:15am
Quoting fallenleaf
{quote} Hey Seller9, sorry but its me again with the same question about IXO indicator. with BT_14_V27, i put on the indicator manually, somehow, I am having the same whipsaw that I mentioned last post, is it normal ? if these whipsaw keep happen frequently, then the trades can be broken up with lost or less profit. Can you pls. advise? thanks! {image}
Your IXO settings need to be adjusted.
  • #10,560
  • Jul 29, 2015 9:15am Jul 29, 2015 9:15am
Quoting tundex
So far today 70pips. {image}
Doing what?????
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