Still Basketting | Page 493 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone still trading Mouteki? 45 replies

The EUR/USD Rally-Still Dead? 23 replies

The Euro Rally Is Still Dead-coreCPI/TIC Update 3 replies

USD in Toilet but still buys Chinese Goods!!! 11 replies

Immediate market reaction on news are still the same ? 18 replies

Attachments: Still Basketting
Exit Attachments

Still Basketting

  • #9,841
  • Jun 16, 2016 5:07am Jun 16, 2016 5:07am
Quoting AcerPhoon
I really don't want to spam this thread but has anyone found a solution to why the EA opened millions of buy trades when the zero-cross of H4 happened? Because the same thing happened to me and I've honestly no clue how to solve it.
Relax man, help is on the way. I've sent the code to GVC and he'll fix it.

its the new mt4 updates that broke the code, can't say why it hasn't happened on my vps.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #9,842
  • Jun 16, 2016 5:15am Jun 16, 2016 5:15am
quick short pos. +50 on bottom channel retest.
H4+H1 match
entred manually gvc ea
still learning
Attached Image (click to enlarge)
Click to Enlarge Name: kosh1quick.PNG Size: 159 KB
nescentia necat
  • #9,843
  • Jun 16, 2016 5:59am Jun 16, 2016 5:59am
we are fortunate Gvc is off from work today and he has fixed it sharply.

Now someone (among those who had the zillion trades) should create a M1 offline chart and make the EA trade cci on it. and lets see if it will still place many orders.

kos
Attached File(s)
File Type: ex4 T101_Core_5_CCI_v1.ex4   58 KB | 914 downloads
John 3:16 - From THIS love no power on earth can me sever.
  • #9,844
  • Jun 16, 2016 7:08am Jun 16, 2016 7:08am
Quoting Kosomolate
{quote} the only filter is D1 TF, if you have traded H4 in the direction of the daily TF, nothing like LONG yesterday. the buy was counter. I just choose to trade H4 both ways and I don't mind the occasional losses here and there, I have seen someone import goods and the ship sank, or a tomato truck have accident and all tomatoes wasted. its part of the business and nobody plans for it. but they rise up from the rubles of the crash and say if there is life there is hope, business continues, the only way to avert such losses to avoid the roads and...
Thanks so much for the advice. Daily is the appropriate filter.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #9,845
  • Jun 16, 2016 7:37am Jun 16, 2016 7:37am
Quoting Kosomolate
we are fortunate Gvc is off from work today and he has fixed it sharply. Now someone (among those who had the zillion trades) should create a M1 offline chart and make the EA trade cci on it. and lets see if it will still place many orders. kos {file}
Hi Oga Kos,

While we are it - may I suggest that you see if GVC can also go the extra mile and make any necessary upgrades to the AutoTidane EA you posted too? I hope am not assuming too much - just that there is no need to wait until the same thing happens on the other EA.

Great job so far to both you and George.

Well done.

Regards,

Ty
My job: I speculate and manage risk.
  • #9,846
  • Jun 16, 2016 10:03am Jun 16, 2016 10:03am
Quoting TyLamai
{quote} ...just that there is no need to wait until the same thing happens on the other EA. ...
Yep...same Problems with AutoTidane.

I decided to test it on C5 M1 - It took a Zillion trades too...and there wasn't even any signal.

Regards,

Ty
My job: I speculate and manage risk.
  • #9,847
  • Jun 16, 2016 11:06am Jun 16, 2016 11:06am
Quoting Kosomolate
we are fortunate Gvc is off from work today and he has fixed it sharply. Now someone (among those who had the zillion trades) should create a M1 offline chart and make the EA trade cci on it. and lets see if it will still place many orders. kos {file}
I'll test this tonight and let you know.
  • #9,848
  • Edited 11:35am Jun 16, 2016 11:13am | Edited 11:35am
peace be upon you kos

i want to trade on H4 by your method and I need your approval

for trading on H4 :
1) set up offline chart for H4 , apply the template for H4
2) set up offline chart for D1 , apply the template for D1
3) when daily D1 chart is green ---> only look for LONG trades on H4
4) when daily D1 chart is red ---> only look for SHORT trades on H4

if step #3 were ok ---> run TradeHedgeBUY_C5
if step #4 were ok ---> run TradeHedgeSELL_C5

is it right master?

Be healthy and wealthy
be healthy and wealthy... Ceeport
  • #9,849
  • Jun 16, 2016 11:41am Jun 16, 2016 11:41am
Quoting shahed58
peace be upon you kos i want to trade on H4 by your method and I need your approval for trading on H4 : 1) set up offline chart for H4 , apply the template for H4 2) set up offline chart for D1 , apply the template for D1 3) when daily D1 chart is green ---> only look for LONG trades on H4 4) when daily D1 chart is red ---> only look for SHORT trades on H4 is it right master? Be healthy and wealthy
Hi Shahed58,

Your analysis is correct and on point. To add to that, monitor GBP/JPY pairs closely on those Time Frames too and always try to be in line with that pair, look for support and resistance and take your entries on either 15 min TF which is what I do or on the 1 hour Time Frame.

With Basket, there are stronger retest or retracements and always enter on retests and very rarely on a run Away Candle, wait for that candle to come back and be ready for entry. That is how I do it personally. I only Trade Core 5.

All the best and more green pips to us all.

Just a thought.
Born to rule my Economic World and Make a Difference!
  • #9,850
  • Jun 16, 2016 2:39pm Jun 16, 2016 2:39pm
Guys, Auto with Basket v7 is working flawlessly with little DD. Today though, it ran away on me for the first time in 2 months and the "Close on Opposite" nowhere to be found. I'm not sure if it works at all as it is activated but no sign of it.
  • #9,851
  • Jun 16, 2016 7:27pm Jun 16, 2016 7:27pm
trustyct can you share your settings? also what session/s are you trading?

thanks blam

Quoting trustyct
Guys, Auto with Basket v7 is working flawlessly with little DD. Today though, it ran away on me for the first time in 2 months and the "Close on Opposite" nowhere to be found. I'm not sure if it works at all as it is activated but no sign of it.
  • #9,852
  • Jun 16, 2016 8:47pm Jun 16, 2016 8:47pm
Blam, been running it 24/7 for the past 2 months. Stunning results. Never a DD until this afternoon when for the first time it ran away and closed out completely. The "Close on Opposite" didn't activate on either of my 2 live accounts.
  • #9,853
  • Jun 16, 2016 10:23pm Jun 16, 2016 10:23pm
thanks for the info re: sessions. can you share a screenshot of your settings, would be much appreciated

blam

Quoting trustyct
Blam, been running it 24/7 for the past 2 months. Stunning results. Never a DD until this afternoon when for the first time it ran away and closed out completely. The "Close on Opposite" didn't activate on either of my 2 live accounts.
  • #9,854
  • Jun 16, 2016 11:11pm Jun 16, 2016 11:11pm
Hello,
where i can get your EA to test? sorry i'm new here
Thank you
  • #9,855
  • Jun 17, 2016 3:13am Jun 17, 2016 3:13am
Quoting AlexKarva
Hello, where i can get your EA to test? sorry i'm new here Thank you
Alex
I am not the most experienced here and I don't participate much, so my opinion might not matter much to you,
However, since I am waiting between trades and have time to kill, I will offer an opinion anyways..
1. There are many EAs in this thread but they all cater to 1 or 2 main trading strategies...
2. The most basic nature of trading (ie trading baskets) has not changed in this thread at all.
3. There were quite a few indicators that have been used in this thread (all of them perform admirably enough)... Most of the thread users are using CCI presently.

If you are new here, (and may be new to trading) and even if someone points you to an EA (which I don't think anyone will do), you will do better if you go through the whole thread before you even ask any other question...

Please do not let my rudeness stop you from participating in this thread. This thread is by far the most rewarding watering hole in the whole of the forex jungle. There are many other friendly posters who will eventually help you...

But you must stop " where is the money? " kind of questions.
Please start reading....
rgds
Faith with Action
  • #9,856
  • Edited 4:27am Jun 17, 2016 4:12am | Edited 4:27am
Quoting hinnavaru
Please start reading.... rgds
Im agree. But so many pages and many indicators, systems, EAs on those 493 pages. Read for what? You saw that when i repost something from 60-70 pages (and Kos used it in the past), Kos says that this is not good. Other people try to use other interesting things from all this pages.
I have only one question. Why not to update the first post on this thread? Which currents indicators, EAs, templates, instructions, chart examples for enter and exit for trade offline baskets? New members like me firstly read fast pages and what to do when in Kos current screenshots i see some difference from the first pages? Read all thread from years a go?
Sorry for my bad english, still learning
  • #9,857
  • Jun 17, 2016 5:18am Jun 17, 2016 5:18am
Quoting shahed58
peace be upon you kos i want to trade on H4 by your method and I need your approval for trading on H4 : 1) set up offline chart for H4 , apply the template for H4 2) set up offline chart for D1 , apply the template for D1 3) when daily D1 chart is green ---> only look for LONG trades on H4 4) when daily D1 chart is red ---> only look for SHORT trades on H4 if step #3 were ok ---> run TradeHedgeBUY_C5 if step #4 were ok ---> run TradeHedgeSELL_C5 is it right master? Be healthy and wealthy
hi sharemaster2

It was bliss that you answered me
Please say if there is another point


Be healthy and wealthy
be healthy and wealthy... Ceeport
  • #9,858
  • Jun 17, 2016 6:00am Jun 17, 2016 6:00am
Quoting shahed58
{quote} hi sharemaster2 It was bliss that you answered me Please say if there is another point Be healthy and wealthy
Hi there,

You must have seen the EA by GVC, it is easier to use that to close and open Basket Trades as opposed to using the Hedge Scripts.

On the EA by GVC, you have Close All, Buy C5 and Sell C5, all you do is click on the one you want and it executes for you.

Also be willing to sit on your hands for Days waiting for the right set up before taking a position. Don't always have to be in Trades. Watch Announcements times as the basket, Core 5 tends to move on those days, after the Announcement that is, it moved a lot yesterday, first Down and then upwards, I only traded the down movement as I don't trade counter the overall Trend. If the main Trend is down only aim for Sell Trades and for Buys if the same.

Develop some basic rules of Engagement, ie, you must have some rules you follow and stick to it. If you miss a move, don't chase, wait for a retest as already said above and lean more on manual Trading than Automated. Too much Automation does not help you develop a good trading mindset and no matter what, slowly blows your account. Go check other Automation Threads and you will see how Ghostly most of them have all become over time, why, because Heavy Automation in Forex only works for Institutional Traders not Retail Traders. Basket Trading is a lot different from Single Pairs Trading. Basket Trading will easily give a few hundred pips in one move, so it pays to wait for that single move from time to time, you just have to learn to do that.

Just a thought and more green pips to us all.
Born to rule my Economic World and Make a Difference!
  • #9,859
  • Jun 17, 2016 6:35am Jun 17, 2016 6:35am
Quoting hinnavaru
{quote} Alex I am not the most experienced here and I don't participate much, so my opinion might not matter much to you, However, since I am waiting between trades and have time to kill, I will offer an opinion anyways.. 1. There are many EAs in this thread but they all cater to 1 or 2 main trading strategies... 2. The most basic nature of trading (ie trading baskets) has not changed in this thread at all. 3. There were quite a few indicators that have been used in this thread (all of them perform admirably enough)... Most of the thread users are...
very direct, you are blessed sir.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #9,860
  • Jun 17, 2016 6:47am Jun 17, 2016 6:47am
Quoting sholdea
{quote} Im agree. But so many pages and many indicators, systems, EAs on those 493 pages. Read for what? You saw that when i repost something from 60-70 pages (and Kos used it in the past), Kos says that this is not good. Other people try to use other interesting things from all this pages. I have only one question. Why not to update the first post on this thread? Which currents indicators, EAs, templates, instructions, chart examples for enter and exit for trade offline baskets? New members like me firstly read fast pages and what to do when in...
Yes you heard him right, read the whole thread, and whats wrong with that? Gold, Diamond, Precious stones... are never found on the surface of the earth, miners dig very deep to get them.

Pls take this advice from me and let it guide you in life:
The elevator (LIFT) of life is in serious disorder, the only option is the staircase, you either go it one step at a time or you are going nowhere.

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