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Still Basketting

  • #9,341
  • May 6, 2016 12:35am May 6, 2016 12:35am
Quoting Opemipo
{quote} This week has been slow. The first trade was a loss and recovered some of my loss.{image} Phemmy
true talk, but everyday cannot be Christmas.

am closing shop now, today is NFP and am traveling from Abuja to Ondo this morning.

-310, +400 = +90, am not complaining sha. till Monday.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #9,342
  • May 6, 2016 12:36am May 6, 2016 12:36am
Have a nice weekend, everyone

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #9,343
  • May 6, 2016 2:49am May 6, 2016 2:49am
Good morning everyone, I'm new here.
I'm studying through the T101 thread and starting to read this thread.
first of thanks all because the work done here, indicators and dahboard developed are truly an amazing job.
while I tried to set up a study with mt4 demo account, and I wanted to ask you if you think the configuration is right.
Meanwhile, with the help ofAUD today I closed my short position overnight with a good gain 226pips.
I scored some level on the D and 4H and see if they work. a good bearish Hdivergence on cci D worked. want to ask you how you interpret the multipair average indi c5basket (the one under the dash for instance) and if possible some general operativity advice (i know that this request is a little vague..)
thanks a lot again for your work and for sharing.
Attached Image (click to enlarge)
Click to Enlarge Name: c5.PNG Size: 211 KB
nescentia necat
  • #9,344
  • May 6, 2016 3:21am May 6, 2016 3:21am
Quoting rushamg
{quote} I am a bit do not understand my English is poor. it will work this way: profit reached 20 pips 10 pips locked. upon reaching 30 blocked 20 pips. and so on .... Do I understand correctly?
Not really. Check out this screenshot:
Attached Image


In this example if the profit reaches 250pips, the EA will lock 250/5 = 50pips. If the profit is 249pips it won't lock anything. If profit goes to 260, EA will lock 52pips (260/5).
Don't ever let somebody tell you... You can't do something.
  • #9,345
  • May 6, 2016 5:11pm May 6, 2016 5:11pm
Hello everyone.

Big thread here and I'd like to study this basket style more fully. Do I need to start at the beginning or had the system changed over the years. I'd appreciate some insight on where to start.

Thanks,
  • #9,346
  • May 7, 2016 4:39am May 7, 2016 4:39am
Quoting omadivi
{quote} enjoy...and you dnt need many indicators, just need to have the offline chart, then you can do whatever you want with it.. {file}
Do you have the source for this file?
  • #9,347
  • May 7, 2016 1:46pm May 7, 2016 1:46pm
Quoting thor68
{quote} Do you have the source for this file?
Here you go......
Attached File(s)
File Type: mq4 Basketv8 new format.mq4   11 KB | 1,221 downloads
  • #9,348
  • May 7, 2016 2:25pm May 7, 2016 2:25pm
Quoting Gvc
Almost there guys...... I took a few days off....so i have not worked on Basket Trader much..... Basket TraderV5 will be 14 or 5 pair select-able with auto trading functions.... {image} {image}
Just wondering how it goes with the automation, Gvc?
  • #9,349
  • May 8, 2016 12:46am May 8, 2016 12:46am
Quoting bazze
{quote} Just wondering how it goes with the automation, Gvc?
Almost ready.....
  • #9,350
  • May 8, 2016 7:24am May 8, 2016 7:24am
Quoting Gvc
{quote} Almost ready.....
How great that will be!! Can't wait to see it!!
Blessings in advance.
  • #9,351
  • May 8, 2016 8:53am May 8, 2016 8:53am
Quoting Gvc
{quote} Almost ready.....
  • #9,352
  • May 8, 2016 1:46pm May 8, 2016 1:46pm
Quoting Gvc
{quote} Almost ready.....
Bring it Brother!!
U won't really understand GRACE untill you fully realise you've been GRACED
  • #9,353
  • May 8, 2016 7:37pm May 8, 2016 7:37pm
Testing out Basket Trader V4

Two questions:
1. I set basket SL at -60. Does this mean if all my 5 long positions turn out to be losers and the combined loss is more than $60, the EA will sell everything.
How do I change that to # of pips instead?

2. what does baskthigh and pips high mean? does it show the high point of the 5 pairs i bought? which is at the highest point, the 5 pairs were up $.69? and total pips up were 9 pips?

thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: Q.PNG Size: 74 KB
  • #9,354
  • May 9, 2016 4:40am May 9, 2016 4:40am
Quoting awcharts
Testing out Basket Trader V4 Two questions: 1. I set basket SL at -60. Does this mean if all my 5 long positions turn out to be losers and the combined loss is more than $60, the EA will sell everything. How do I change that to # of pips instead? 2. what does baskthigh and pips high mean? does it show the high point of the 5 pairs i bought? which is at the highest point, the 5 pairs were up $.69? and total pips up were 9 pips? thanks. {image}
1. That's right - if the combined loss of your 5 pairs became bigger than $60, the EA will close eveything. I think you can't set it as number of pips.

2. BsktHigh is the highest value your basket has ever reached. According to your screenshot the 5 pairs has reached most $0.02 and 0 pips.
Don't ever let somebody tell you... You can't do something.
  • #9,355
  • May 9, 2016 8:04am May 9, 2016 8:04am
Good day,

Very interesting concept!

Spent the weekend reading. Worked on a setup for basket 5 pair trading. Satisfied that the idea is solid. Thanks Kos - and other contributors - Also Mr. G from Cape Town!

Awesome work done here... Will set up a trade explorer to join here and feed back?

All success!
  • #9,356
  • May 9, 2016 8:09am May 9, 2016 8:09am
BTW - I have entered into a long basket. 5 pairs. But just testing a counter trend basket strat..will let you know how it goes. Divergence based.
  • #9,357
  • May 9, 2016 8:33am May 9, 2016 8:33am
The basket closed out in profit. I set the Basket TP at $60. and Pips start Lock: 100.

Since I only had .01 lot. I believe the TP level triggered? net profit $5.69

Will have to test with .02 lot to better understand the pips start lock function.
Attached Image (click to enlarge)
Click to Enlarge Name: profit.PNG Size: 15 KB
  • #9,358
  • May 9, 2016 8:38am May 9, 2016 8:38am
Quoting momosh
{quote} 1. That's right - if the combined loss of your 5 pairs became bigger than $60, the EA will close eveything. I think you can't set it as number of pips. 2. BsktHigh is the highest value your basket has ever reached. According to your screenshot the 5 pairs has reached most $0.02 and 0 pips.
Thank you
  • #9,359
  • May 9, 2016 8:56am May 9, 2016 8:56am
Quoting TauTrader
BTW - I have entered into a long basket. 5 pairs. But just testing a counter trend basket strat..will let you know how it goes. Divergence based.
This is the chart.

Discretionary.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 41 KB
  • #9,360
  • May 10, 2016 7:50am May 10, 2016 7:50am
buy c5 on triple btm 65.65 / 63.5 zone, overnight..
+cci arrow up 4H
Attached Image (click to enlarge)
Click to Enlarge Name: c5 triple btm.PNG Size: 218 KB
nescentia necat
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