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Attachments: Still Basketting
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Still Basketting

  • #9,241
  • Apr 22, 2016 8:25am Apr 22, 2016 8:25am
I`m down for the week
80 % gain more then enough for me
thank you GVC and others who develop Basket trading and have a nice week end
Cheers
Alex
Attached Image (click to enlarge)
Click to Enlarge Name: Gold H1.png Size: 123 KB
Stay GREEN my friends........
  • #9,242
  • Apr 22, 2016 8:46am Apr 22, 2016 8:46am
GVC i saw that your daily line redraw last hour move, at the new hour start. Can be confuse when drawing Support/Resistance on the chart.
I found and modified other indi for the multipairs. See difference.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-04-22_163636.jpg Size: 109 KB
Attached File(s)
File Type: ex4 Multipair_Average_Indicator.ex4   18 KB | 503 downloads
Sorry for my bad english, still learning
  • #9,243
  • Apr 22, 2016 12:01pm Apr 22, 2016 12:01pm
Quoting Roje
{quote} Hi GVC, it is not working for me correctly, only manual close and exit working. E.g. stop loss will not close trades see screenshot {image}
This one will work on all suffix brokers.......

I will update the Basket Indicator this weekend to also work on suffix brokers....
Attached File(s)
File Type: ex4 Basket TraderV4.ex4   78 KB | 639 downloads
  • #9,244
  • Apr 22, 2016 12:06pm Apr 22, 2016 12:06pm
Quoting alexforex541
I`m down for the week 80 % gain more then enough for me thank you GVC and others who develop Basket trading and have a nice week end Cheers Alex {image}
Nice one Alex.....
  • #9,245
  • Apr 22, 2016 12:09pm Apr 22, 2016 12:09pm
Quoting sholdea
GVC i saw that your daily line redraw last hour move, at the new hour start. Can be confuse when drawing Support/Resistance on the chart. I found and modified other indi for the multipairs. See difference. {image} {file}
Great work......I will test your version.....
  • #9,246
  • Apr 22, 2016 2:43pm Apr 22, 2016 2:43pm
Quoting Gvc
{quote} Nice one Alex.....
Gvc, can you explain how to use your EA for trading, to be honestly i dont understud it...

I trade core5, but using kos method..looking to the charts..
but this...i read some years ago t101 thread, and i supose this is the same method, but steel dont get it..
thx
  • #9,247
  • Apr 23, 2016 1:58am Apr 23, 2016 1:58am
Rsi + adxvma (rsioma of adxvma or adxvma smoothed rsi) posted yesterday by Mladen on forex-tsd.
I just modified to show C5 pairs on H4.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-04-23_094816.jpg Size: 113 KB
Attached File(s)
File Type: mq4 rsi + adxvma_Make adxvma.mq4   16 KB | 370 downloads
File Type: mq4 rsi + adxvma_Make rsi.mq4   16 KB | 387 downloads
File Type: ex4 Multy rsi + adxvma_Make adxvma.ex4   18 KB | 331 downloads
File Type: ex4 Multy rsi + adxvma_Make rsi.ex4   17 KB | 348 downloads
Sorry for my bad english, still learning
  • #9,248
  • Apr 23, 2016 3:28am Apr 23, 2016 3:28am
Quoting shum
{quote} Gvc, can you explain how to use your EA for trading, to be honestly i dont understud it... I trade core5, but using kos method..looking to the charts.. but this...i read some years ago t101 thread, and i supose this is the same method, but steel dont get it.. thx
I will try to articulate my entries...

The first thing i look at is the Daily and or Weekly trend....."Current" pip direction....
This is my main trade and i start my Lock on 100 PipsHi = Lock 10. If Pips reach a couple of 100 i leave the lock about 150 to 200 pips below PipsHi....
This gives the trade breathing space...

Secondly, i look if more than 8 pairs are moving in the same direction on H1 and H4....(The PC (Pair Count)arrow indicates this)

I use the DC (Direction Current = >50 pips) and DCP (Direction Current >50 pips and Previous direction > 0) for retrace, trend change and exits trades....

Thirdly i look at the position of the C5 pairs (Blue Diamonds). If all 5 are positioned in the top 8 of my trending pairs on H1 and H4 then we are good to go....

Lastly, the most important pair of the basket is the GBPJPY as the basket almost simulates this pair exactly.....
If the GBPJPY is in the top 2 strongest pairs (Up or Down) then you can safely follow its direction and this indicates the basket direction....
(look at the picture below to see how closely the Basket and GBPJPY pairs simulate one another....

I obviously also use the Basket Indicator to monitor the trend..e.g. line angle, S&R etc......

I am also including the source for the EA......enjoy.....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: bt sim.png Size: 22 KB
Click to Enlarge Name: bt10.png Size: 66 KB
Attached File(s)
File Type: mq4 Basket TraderV4.mq4   31 KB | 1,154 downloads
  • #9,249
  • Apr 23, 2016 4:14am Apr 23, 2016 4:14am
Quoting Gvc
{quote} I will try to articulate my entries...
Very interesting information. Thanks
Sorry for my bad english, still learning
  • #9,250
  • Apr 24, 2016 3:00am Apr 24, 2016 3:00am
Quoting Gvc
{quote} I will try to articulate my entries... The first thing i look at is the Daily and or Weekly trend....."Current" pip direction.... This is my main trade and i start my Lock on 100 PipsHi = Lock 10. If Pips reach a couple of 100 i leave the lock about 150 to 200 pips below PipsHi.... This gives the trade breathing space... Secondly, i look if more than 8 pairs are moving in the same direction on H1 and H4....(The PC (Pair Count)arrow indicates this) I use the DC (Direction Current = >50 pips) and DCP (Direction Current >50...
oeee...oeee...brother Gvc.....thank for hard work....basket will more easy with offline chart and basket indicator...and this dash will help more easy for order and monitoring....Thank..brother GVC....
Regard, Ding Dong
  • #9,251
  • Apr 24, 2016 12:51pm Apr 24, 2016 12:51pm
Is it possible to ask for a set file for this one, please?
  • #9,252
  • Apr 24, 2016 4:27pm Apr 24, 2016 4:27pm
Quoting Gvc
{quote} This one will work on all suffix brokers....... I will update the Basket Indicator this weekend to also work on suffix brokers.... {file}
Great work, thanx !
Could you add simple trailing stop loss ? Your "percentage" locking of pips is interesting, but sometimes is better to use TSL
Have a green week
Marek
  • #9,253
  • Apr 25, 2016 2:45am Apr 25, 2016 2:45am
Quoting Roje
{quote} Great work, thanx ! Could you add simple trailing stop loss ? Your "percentage" locking of pips is interesting, but sometimes is better to use TSL Have a green week Marek
maybe stoploss percent ADR as in TripleGap is better?
Sorry for my bad english, still learning
  • #9,254
  • Apr 25, 2016 3:11am Apr 25, 2016 3:11am
Quoting Gvc
{quote} I will try to articulate my entries... The first thing i look at is the Daily and or Weekly trend....."Current" pip direction.... This is my main trade and i start my Lock on 100 PipsHi = Lock 10. If Pips reach a couple of 100 i leave the lock about 150 to 200 pips below PipsHi.... This gives the trade breathing space... Secondly, i look if more than 8 pairs are moving in the same direction on H1 and H4....(The PC (Pair Count)arrow indicates this) I use the DC (Direction Current = >50 pips) and DCP (Direction Current >50 pips and Previous...
thx mate, now all its clear.
  • #9,255
  • Apr 25, 2016 8:25am Apr 25, 2016 8:25am
Quoting Gvc
{quote} I will try to articulate my entries... The first thing i look at is the Daily and or Weekly trend....."Current" pip direction.... This is my main trade and i start my Lock on 100 PipsHi = Lock 10. If Pips reach a couple of 100 i leave the lock about 150 to 200 pips below PipsHi.... This gives the trade breathing space... Secondly, i look if more than 8 pairs are moving in the same direction on H1 and H4....(The PC (Pair Count)arrow indicates this) I use the DC (Direction Current = >50 pips) and DCP (Direction Current >50 pips and Previous...
Thank you for developing another good EA.

What does PfO refers to ? Can you kindly explain how you use DC+DCP for retrace, trend change and exit trades preferably with a graphy?

If I just follow GBPJPY's position in top two places or top two bottom positions (red) to trade which other factors can I disregard?

Thank you again for your generousness in sharing new-generation indicators and EAs which prevent shooting in the dark and impulsive trading.
Practice makes a person perfect
  • #9,256
  • Apr 26, 2016 2:40am Apr 26, 2016 2:40am
Quoting Kosomolate
{quote} You do well sir, more grace to you as you help others in their quests for better life through fx trading. kos
Pls sir check ur pm.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #9,257
  • Apr 26, 2016 2:44am Apr 26, 2016 2:44am
Quoting Gvc
{quote} I will try to articulate my entries... The first thing i look at is the Daily and or Weekly trend....."Current" pip direction.... This is my main trade and i start my Lock on 100 PipsHi = Lock 10. If Pips reach a couple of 100 i leave the lock about 150 to 200 pips below PipsHi.... This gives the trade breathing space... Secondly, i look if more than 8 pairs are moving in the same direction on H1 and H4....(The PC (Pair Count)arrow indicates this) I use the DC (Direction Current = >50 pips) and DCP (Direction Current >50 pips and Previous...
Sir, ur explanation is so succinct. It will be nice to convert the EA to trade itself.

Going by ur explanation, to get a good entry and exit one has to stay glue to his system. More so, it will be rather stressful.

I count on ur understanding of my point.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #9,258
  • Apr 26, 2016 6:13am Apr 26, 2016 6:13am
Quoting Gvc
{quote} I will try to articulate my entries... The first thing i look at is the Daily and or Weekly trend....."Current" pip direction.... This is my main trade and i start my Lock on 100 PipsHi = Lock 10. If Pips reach a couple of 100 i leave the lock about 150 to 200 pips below PipsHi.... This gives the trade breathing space... Secondly, i look if more than 8 pairs are moving in the same direction on H1 and H4....(The PC (Pair Count)arrow indicates this) I use the DC (Direction Current = >50 pips) and DCP (Direction Current >50 pips and Previous...

Wow GVC,

Very Impressive. Liking it Indeed. Well done!!
Born to rule my Economic World and Make a Difference!
  • #9,259
  • Apr 26, 2016 7:56am Apr 26, 2016 7:56am
Quoting Opemipo
{quote} Sir, ur explanation is so succinct. It will be nice to convert the EA to trade itself. Going by ur explanation, to get a good entry and exit one has to stay glue to his system. More so, it will be rather stressful. I count on ur understanding of my point. Phemmy
Hi Phemmy, I will think about it........lol

I have always believed that the basket is best traded manually.......but let me run some tests.....
Attached Image (click to enlarge)
Click to Enlarge Name: bt11.png Size: 67 KB
  • #9,260
  • Apr 26, 2016 2:50pm Apr 26, 2016 2:50pm
Quoting Gvc
{quote} Hi Phemmy, I will think about it........lol I have always believed that the basket is best traded manually.......but let me run some tests..... {image}
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