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Still Basketting

  • #9,181
  • Apr 12, 2016 2:58am Apr 12, 2016 2:58am
Quoting mayfair
{quote} Thankyou for your support Kos i am a he,,ive succesfully downloaded the the c5 just demoing this week, im already 200 pips up on the new buy signal on the 4hr. Best regards have a great day Mayfair.
Good for you Mayfair...I recommend playing with other time frames, anything below H1 would be counter-productive.
It is possible to make large sums trading, small losses, large wins
  • #9,182
  • Apr 12, 2016 7:16am Apr 12, 2016 7:16am
@kosomolate

I have been following your thread for the past few days and I think it is great thread and you have created a very nice platform for fellow traders.

I would like you to point me in the right direction as I'm still struggling with the stop loss this strategy?

Do you place stop loss manual on each of 5 pairs once the trades signal occurs or is there an amendable indicator or EA (which I have overseen) that lets the user control the SL on the main chart?

Also can you tell me how many pips would you risk on each pair, if you are placing manual SL?

Best Regards

Billy
  • #9,183
  • Apr 12, 2016 1:44pm Apr 12, 2016 1:44pm
Quoting billy123
@kosomolate I have been following your thread for the past few days and I think it is great thread and you have created a very nice platform for fellow traders. I would like you to point me in the right direction as I'm still struggling with the stop loss this strategy? Do you place stop loss manual on each of 5 pairs once the trades signal occurs or is there an amendable indicator or EA (which I have overseen) that lets the user control the SL on the main chart? Also can you tell me how many pips would you risk on each pair, if you are placing...
billy123 - i'm pretty new to the thread, and actually still reading through the old posts (from the other basket threads) while i am not entirely sure of this but it used to be something like 500 pips stoploss, and i think this was measured as the entire basket; because he uses a account management EA that cuts all trade at "x%" equity lost

if you read back about 100 pages or so, Koso comments on using the Daily charts and how he gave it 10 chances, maybe someone else can correct me, but from this, it would mean he used 10% account risk (highest balance gained) every time he entered a basket.
  • #9,184
  • Apr 13, 2016 10:54pm Apr 13, 2016 10:54pm
Quoting billy123
@kosomolate I have been following your thread for the past few days and I think it is great thread and you have created a very nice platform for fellow traders. I would like you to point me in the right direction as I'm still struggling with the stop loss this strategy? Do you place stop loss manual on each of 5 pairs once the trades signal occurs or is there an amendable indicator or EA (which I have overseen) that lets the user control the SL on the main chart? Also can you tell me how many pips would you risk on each pair, if you are placing...
that question shows you have not read deep into the thread, Friend, roll up your sleeves and start digging.

we use basket SL,and the amount depends on the TF you are trading from,
Only risk what you can afford to loose without sweat, as for me I risk 5% of my acct,

EG on a $1000 acct, SL 250, lotsize 0.02, if I hit SL I loose $50. I have to hit SL 20 times straight to loose the acct.
check your chart as far backward as 2008 to see if such scenario has occurred before.
then determine your own risk and SL and let that give you your LS.

there is an EA that monitors that risk, dig more in the thread.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #9,185
  • Apr 13, 2016 10:58pm Apr 13, 2016 10:58pm
If it looks like like a SHORT, walks like a SHORT, talks like a SHORT, stands like a SHORT, even eats like a SHORT...

Then its a SHORT, therefore I SHOT it... let see how it plays, ha ha ha!

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #9,186
  • Apr 13, 2016 11:21pm Apr 13, 2016 11:21pm
we have some red news today that may either help our sail southward or turn it against us.

But do you know what the bible says? "He that observes the wind shall not sow; and he that regards the clouds shall not reap." - Ecclesiastics 11:4

Here we sow always, windy or not and we maintain our risk tolerance level. We are not afraid of the wind or should I say news now.

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #9,187
  • Apr 14, 2016 12:23am Apr 14, 2016 12:23am
Quoting Kosomolate
If it looks like like a SHORT, walks like a SHORT, talks like a SHORT, stands like a SHORT, even eats like a SHORT... Then its a SHORT, therefore I SHOT it... let see how it plays, ha ha ha! kos {image} {image}
I am in too.
I see a move about 1k pips down, but who know...will see
  • #9,188
  • Apr 14, 2016 12:38am Apr 14, 2016 12:38am
Quoting Kosomolate
If it looks like like a SHORT, walks like a SHORT, talks like a SHORT, stands like a SHORT, even eats like a SHORT... Then its a SHORT, therefore I SHOT it... let see how it plays, ha ha ha! kos {image} {image}
Hi,

Can you shared templates,seems really clear and good...
  • #9,189
  • Apr 14, 2016 12:45am Apr 14, 2016 12:45am
did anyone had ever problems like that with the chart?
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The only thing that will make us successful is if we can control ourselves!
  • #9,190
  • Apr 14, 2016 6:34am Apr 14, 2016 6:34am
Quoting pabuuu
did anyone had ever problems like that with the chart? {image}
yes, this mean that your pc, not have inaf memory for stability work of mt4..
  • #9,191
  • Apr 14, 2016 8:38am Apr 14, 2016 8:38am
Quoting shum
{quote} yes, this mean that your pc, not have inaf memory for stability work of mt4..
It's only H4 behaving like this. Every other chart is fine. Opened few extra in different TF and they are also ok. It's only the H4 causing troubles
The only thing that will make us successful is if we can control ourselves!
  • #9,192
  • Apr 14, 2016 9:25am Apr 14, 2016 9:25am
Quoting pabuuu
{quote} It's only H4 behaving like this. Every other chart is fine. Opened few extra in different TF and they are also ok. It's only the H4 causing troubles
maybe need to reload h4 history?
Sorry for my bad english, still learning
  • #9,193
  • Apr 14, 2016 5:59pm Apr 14, 2016 5:59pm
someone??
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  • #9,194
  • Apr 14, 2016 11:49pm Apr 14, 2016 11:49pm
Quoting sholdea
{quote} maybe need to reload h4 history?
looks like there is actually something wrong with the history anyway. The other offline chart with c5 h4 has only 1007 bars while the usual one I was using has almost five times of that. Even the other C5 charts in different tf do not have so many bars as the kos5 h4 in my mt4. Does anyone know how to reset the history count for one of the charts?
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The only thing that will make us successful is if we can control ourselves!
  • #9,195
  • Apr 14, 2016 11:54pm Apr 14, 2016 11:54pm
Quoting pabuuu
{quote} looks like there is actually something wrong with the history anyway. The other offline chart with c5 h4 has only 1007 bars while the usual one I was using has almost five times of that. Even the other C5 charts in different tf do not have so many bars as the kos5 h4 in my mt4. Does anyone know how to reset the history count for one of the charts? {image}
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good look!
  • #9,196
  • Apr 15, 2016 12:05am Apr 15, 2016 12:05am
Quoting karlvt
{quote} {image} good look!

thanks for the help but it is still the same. even copied the history file form c5 and renamed it but did not work. Looks like I will be stuck wit the c5 template. It is the same just the numbers on the side of the charts are different
The only thing that will make us successful is if we can control ourselves!
  • #9,197
  • Apr 15, 2016 12:30am Apr 15, 2016 12:30am
Quoting pabuuu
{quote} thanks for the help but it is still the same. even copied the history file form c5 and renamed it but did not work. Looks like I will be stuck wit the c5 template. It is the same just the numbers on the side of the charts are different
i say you what is the problem, you dont have inaf memory!!
open baket creator version 670
and change number of bars, from 1000 to 800.
  • #9,198
  • Apr 15, 2016 1:11am Apr 15, 2016 1:11am
Quoting shum
{quote} i say you what is the problem, you dont have inaf memory!! open baket creator version 670 and change number of bars, from 1000 to 800.

C5 h4 is working fine with 1000 bars its only kos5 h4 is causing problems so I switched from kos5h4 to c5h4 and it's working fine. Changing the number of bars its not helping. I will stick to C5h4 as I have mentioned before
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The only thing that will make us successful is if we can control ourselves!
  • #9,199
  • Apr 15, 2016 2:50am Apr 15, 2016 2:50am
took a loss of 380 pips.
the LONG gave +500 pips and took -380 pips

am not complaining, anyway.


kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #9,200
  • Apr 15, 2016 2:54am Apr 15, 2016 2:54am
its like the chart doesn't want to play today. am closing shop

have a peaceful weekend everyone

kos
John 3:16 - From THIS love no power on earth can me sever.
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