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Still Basketting

  • #8,781
  • Jan 26, 2016 3:03am Jan 26, 2016 3:03am
Quoting omadivi
after a reasonable pullback, taking entry off the 200EMA on M15... I will relax once the indicator goes above zero(confirmation).. H4 is still green, MACD still up...Exit strategy will be a complete flip on H1 or SL.. {image}

Got stopped out...Thats what happens when you drop below H1...
Those trades were against the tidane on H1..
Better to stick to reliable TFs: H1, H4 and Daily
So now, i watch and wait
It is possible to make large sums trading, small losses, large wins
  • #8,782
  • Jan 26, 2016 4:46am Jan 26, 2016 4:46am
Hi Kosomolate

This had been a remarkable thread with lots of useful information and you've managed to maintain for such a long time, kudos!

The concept of basket trading is indeed more advantageous than single-asset-class-outright due to the fact that outright trading have issues of intense competition, stop hunt, broker manipulations, etc.

I'm sure after years of trading this basket strategy, you've known those basket like a back of your hand, but when I employ a similar strategy that drift towards market neutral, it is more frustrating to use a pre-defined basket with all currencies with the same hedge ratio and direction.

I was wondering you could help making the basket charting more adaptable by allowing users to change
1. which currency to be included within the basket
2. direction of currency included(buy a +, sell a -)
3. ratio of currency relatively to each other (eg. original EURUSD : GBPUSD=1:1 Changeable EURUSD : GBPUSD= X:Y X&Y IS USER DEFINED)

I can certainly understand your hands are tied; in such case, who in this forum would you recommend that might have interest in aforementioned modifications?

Thanks in advance.
No Highs? No Lows? Must be Bose!
  • #8,783
  • Jan 26, 2016 6:29am Jan 26, 2016 6:29am
Quoting Tardigrade
Hi Kosomolate This had been a remarkable thread with lots of useful information and you've managed to maintain for such a long time, kudos! The concept of basket trading is indeed more advantageous than single-asset-class-outright due to the fact that outright trading have issues of intense competition, stop hunt, broker manipulations, etc. I'm sure after years of trading this basket strategy, you've known those basket like a back of your hand, but when I employ a similar strategy that drift towards...
Hello Tardigrade,

I have downloaded this indicator a long time ago, I don't know if it would be of any use to you, but try it.
You don't need an offline chart and it plotts charts of any basket you wish with direction and ratios if you like.
It has a built in HAS indicator, but I think it shouldn't be a problem.

Best regards.
Attached File(s)
File Type: mq4 BasketChart.mq4   17 KB | 517 downloads
Don't ever let somebody tell you... You can't do something.
  • #8,784
  • Jan 26, 2016 8:52am Jan 26, 2016 8:52am
Quoting omadivi
{quote} Nice one... I am watching for a pullback before I take entry. If this is wave one, then I hope to catch wave 3.. MACD on my H4 is above zero, so thats good for me to take long baskets...... will wait for re-entry on H1 or M15...

This is looking like a possible wave 3.

But it will have to go above 170, maybe 171 or 172.

I got some pips on the way up..
H4 still long, H1 will soon give a signal.

The USDJPY is the pair to watch. If it climbs higher, so will the other yen compatriots..
happy piping!!
Attached Image (click to enlarge)
Click to Enlarge Name: bb.PNG Size: 13 KB
It is possible to make large sums trading, small losses, large wins
  • #8,785
  • Jan 26, 2016 9:23am Jan 26, 2016 9:23am
Quoting momosh
{quote} Hello Tardigrade, I have downloaded this indicator a long time ago, I don't know if it would be of any use to you, but try it. You don't need an offline chart and it plotts charts of any basket you wish with direction and ratios if you like. It has a built in HAS indicator, but I think it shouldn't be a problem. Best regards. {file}
momosh

This indicator is certainly very helpful, and I really appreciate you took the time & effort to dig it out from your indicator treasure chest.

Though a offline chart would be more indicator friendly, this indicator will partially solve the problem, too.

Thank you, agent 47
No Highs? No Lows? Must be Bose!
  • #8,786
  • Jan 26, 2016 9:37am Jan 26, 2016 9:37am
Quoting omadivi
{quote} This is looking like a possible wave 3. But it will have to go above 170, maybe 171 or 172. I got some pips on the way up.. H4 still long, H1 will soon give a signal. The USDJPY is the pair to watch. If it climbs higher, so will the other yen compatriots.. happy piping!! {image}
I jumped in on 15min TF at the white arrow, couldn't resist it. H1 too gave LONG 1 bar ago, if it doesn't turn then I will stay LONG and finally flow into H4 trend.
BE already.

kos
Attached Image (click to enlarge)
Click to Enlarge Name: se.png Size: 21 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #8,787
  • Jan 26, 2016 9:57am Jan 26, 2016 9:57am
Quoting Kosomolate
{quote} I jumped in on 15min TF at the white arrow, couldn't resist it. H1 too gave LONG 1 bar ago, if it doesn't turn then I will stay LONG and finally flow into H4 trend. BE already. kos {image}
Hey, Kosomolate, you can share your indicators and template? Thank you, it looks great
Attached Image
  • #8,788
  • Jan 27, 2016 3:13am Jan 27, 2016 3:13am
Quoting ww9528ww
{quote} Hey, Kosomolate, you can share your indicators and template? Thank you, it looks great {image}
Have it,
you can input your own pairs separated by comma,
just set the TF as you want monitored separated by comma,
and the CCI settings can be changed to your own style,
adjust the fontName to suit ya self,
and the colour to your own satisfaction.

kos
Attached File(s)
File Type: ex4 CCI Dashboard.ex4   16 KB | 1,398 downloads
John 3:16 - From THIS love no power on earth can me sever.
  • #8,789
  • Jan 27, 2016 7:22am Jan 27, 2016 7:22am
Quoting Kosomolate
{quote} Have it, you can input your own pairs separated by comma, just set the TF as you want monitored separated by comma, and the CCI settings can be changed to your own style, adjust the fontName to suit ya self, and the colour to your own satisfaction. kos {file}
Salamalaikum (Greetings)
Dear Kos i just wanted to remind you that i have requested you something on 22 jan Post No: 8,776.
so can u pleas share.
Can u post your T101_Core_5_ASC EA or indicator ,
Thanks for the wonderful support,
Regards
Shaik.
Every Good Things Starts With "Bismillah"
  • #8,790
  • Jan 28, 2016 2:12am Jan 28, 2016 2:12am
Hi All,

i've only recently started going through this thread - and as per kosomolate's instructions in post #1, was going through the old threads.; as part of my own test i wanted to test the manual method that Kos initially used 4/5 years back. using the Samir Universal indicator and Trend Magic.

however when i attach the samir indicator with the following settings:
Attached Image (click to enlarge)
Click to Enlarge Name: Capture2.PNG Size: 53 KB


I get the following output:
Attached Image


notice that the 7th slot is missing - which should be EURUSD... it's always the 7th slot (i've switched the names around just to test)

i know that this is probably caused by the latest MT4 builds; but i was wondering if any experienced coder could fix it maybe?

Thanks
Attached File(s)
File Type: mq4 A-Samir-UNIVERSAL.mq4   19 KB | 545 downloads
  • #8,791
  • Jan 28, 2016 7:01pm Jan 28, 2016 7:01pm
Please, where can I find BT_14_v27? Thank you.
  • #8,792
  • Jan 28, 2016 7:03pm Jan 28, 2016 7:03pm
Quoting harmonie
Please, where can I find BT_14_v27? Thank you.
Here you go
http://www.forexfactory.com/showthread.php?t=446654
  • #8,793
  • Jan 29, 2016 12:07am Jan 29, 2016 12:07am
Don't know if anyone is doing same thing as I am doing but
I will keep the posts for traders that would come here maybe years to come.

I was stopped out at the first LONG both D1 & H4 so I watched H1 for re-entry opportunity and it came,
price retraced down and gave LONG again so I jumped on the D1 & H4 trains again and it is paying off.

One thing I have found out is that if your technical analysis is sound, fundamental news most of the time just help your position especially on the big TF.



kos
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ds.png Size: 24 KB
Click to Enlarge Name: dss.png Size: 24 KB
Click to Enlarge Name: dsss.png Size: 23 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #8,794
  • Jan 29, 2016 12:09am Jan 29, 2016 12:09am
Quoting ghoussse
{quote} Salamalaikum (Greetings) Dear Kos i just wanted to remind you that i have requested you something on 22 jan Post No: 8,776. so can u pleas share. Can u post your T101_Core_5_ASC EA or indicator , Thanks for the wonderful support, Regards Shaik.
I'll put it here by weekend, sorry for not seeing your request the first time. am I forgiven?


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #8,795
  • Jan 29, 2016 12:17am Jan 29, 2016 12:17am
Quoting jangezkhan
Hi All, i've only recently started going through this thread - and as per kosomolate's instructions in post #1, was going through the old threads.; as part of my own test i wanted to test the manual method that Kos initially used 4/5 years back. using the Samir Universal indicator and Trend Magic. however when i attach the samir indicator with the following settings: {image} I get the following output: {image} notice that the 7th slot is missing - which should be EURUSD... it's always the 7th slot (i've switched the names around just to test) i...
You brought memories back to my mind when I attached it to mt4

I gave it a fast look yesterday, but couldn't find anything wrong with the code. Its not showing the same 7th line on my mt4 too.
If you can post the original one before you tampered with the code, let me see if I can spot the error.

But my advise is this, basket has gone past that 'IA & jumping pairs' stage,
except if you don't mind sitting with deep drawdown that may last for months. DON'T WASTE YOUR TIME AND ENERGY ON THAT.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #8,796
  • Jan 29, 2016 12:35am Jan 29, 2016 12:35am
its been a very 'pipful' week.

Have a nice weekend friends

THINKING ALOUD: I feel like shutting this thread down or just walk away,
no new thing to give again and repeating same thing is as boring, just as trading itself.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #8,797
  • Jan 29, 2016 1:04am Jan 29, 2016 1:04am
Quoting Kosomolate
{quote} You brought memories back to my mind when I attached it to mt4 I gave it a fast look yesterday, but couldn't find anything wrong with the code. Its not showing the same 7th line on my mt4 too. If you can post the original one before you tampered with the code, let me see if I can spot the error. But my advise is this, basket has gone past that 'IA & jumping pairs' stage, except if you don't mind sitting with deep drawdown that may last for months. DON'T WASTE YOUR TIME AND ENERGY ON THAT. kos
Thanks Kos!

i really appreciate your posts; they give insight to people who come here years late. and show how to trade the basket; also shows how it evolved from 14pairs, to 12-2 down to 5.

attached are the original samir indi's (and the daily version which doesn't work at all)
Attached File(s)
File Type: mq4 A-Samir-UNIVERSAL-Daily.mq4   19 KB | 466 downloads
File Type: mq4 A-Samir-UNIVERSAL.mq4   19 KB | 461 downloads
  • #8,798
  • Edited 1:59am Jan 29, 2016 1:44am | Edited 1:59am
Hello Kos,

" H4 missed the 500 BE line by whiskers "

All ways got stopped out with BE on H4 TF (200 - 20 )can you tell me how you setting out the BE?
​ I screw all the times with that and the trade go long away with the large profit!

Thanks
  • #8,799
  • Jan 29, 2016 3:11am Jan 29, 2016 3:11am
Quoting Kosomolate
its been a very 'pipful' week. Have a nice weekend friends THINKING ALOUD: I feel like shutting this thread down or just walk away, no new thing to give again and repeating same thing is as boring, just as trading itself. kos
I request you to
Please not close the thread, and
Please not walk away...
Faith with Action
  • #8,800
  • Jan 29, 2016 7:33am Jan 29, 2016 7:33am
Quoting Kosomolate
{quote} I'll put it here by weekend, sorry for not seeing your request the first time. am I forgiven? kos
Finally I got replay from the Boss of this thread, no don't take it seriously Sir , I'm really not angry on you , but very happy to hear from you.OK then I'll be waiting for you post this weekend.RegardsShaik.
Every Good Things Starts With "Bismillah"
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