Thread: Easy Basket Trading on Higher Time Frame (KOS System)

Hi Nisha4x, All,

Have been investigating this egy and the Basketv6 and I XO indies. Regarding Basketv6, I have not seen any experiment on producing the offline chart depending on the amounts of the individual pairs using std HA C,L,H,C rather than raw C,L,H,O. I can see where the HA smoothing on the respective pairs before the offline basket chart may give a much better basket chart for your subesqent HA-Smooth, I XO calcs.

If this has been achieved or deemed a bad idea, then I know. I personally can easily convert Basketv6 to some HA_Basketv6 ( v8 ) should you've got it a possible good thought.

I have extensive expertise coding offline charts for Renko, RangeBars, Mean Renko, etc., and could also create same for any basket set combination in the same Chart Generating EA. A Renko representation eliminates the time domain in the chart leaving a clear price action representation of the basket.

If this is water under the bridge or not deemed proper, then I apologize for the cluttering the thread up.

Regards,

Hi king
I have not much experience on ofline charts, so if you can do anything to make it better, it's most welcome. Make sure it will be simple to useand setup. The experienced individuals of basket trading are found in STILL BASKETTING thread. You can chk there if thing has been done or attempted before.

Originally Posted by ;

Hello Nisha4x, All, Have been investigating this egy and the Basketv6 and that I XO indies. Regarding Basketv6, I haven't seen any experimentation on creating the offline chart based on the amounts of the individual pairs using std HA C,H, L,C instead of raw C,H, L,O. I can see where the HA smoothing about the respective pairs before the offline basket chart may give a much better basket chart to the subesqent HA-Smooth, I XO calcs. If this has been achieved or deemed a bad idea, then I know. I personally can convert Basketv6 into some HA_Basketv6...

Testing EA from Seller for transaction conditions according to my system. 3 kind of trade entrances. Check out his thread for more options. I am assessing and testing according to my needs.

Https://www.forexsoutheast.asia/gene...fed-speak.html

1) HAS (user settable configurations) color change is going to be the initial trigger for a potential trade, this trigger is only present for 1 candle, the confirming candle following the HAS cross.
2) Entry Rule 1: IXO1 (user settable configurations) will be the confirming signal to place a transaction once the HAS signals. A candle in precisely the exact same direction as the HAS cross has to be present. If IXO1 is your sole verifying signal a fixed Take Profit is going to be utilized with this transaction entry (user settable, 200 pips for a 14 pair basket).
3) Entry Rule two: IXO2 (user settable configurations) will be a second verifying signal when the HAS and IXO1 are verified signs, both IXO1 and IXO2 signs must be current when the HAS indies a HAS cross. There's no fixed Take profit for this kind of trade, the IXO1 reversal is going to be used to exit if it is selected in the EA possessions, or you may always add a TP or SL following the transaction is occupied by using the Hot Keys or set a fixed value in the EA possessions.
4) Entry Rule 3: If by chance you get stopped from a Entry 1 trade and the HAS and IXO1 are both the exact same color and IXO2 crosses in precisely the exact same direction as HAS and IXO1 you then will get exactly what I call a re-entry trade when IXO2 changes color to suit HAS and IXO1, this is a new IXO2 cross, good for 1 confirmed candle only.

Originally Posted by ;

It had some bugs which are being phased out, occasionally trades are taken and occasionally not, testing this about 1 min to find out if it matches the logic we need. I desired the entry to be like under ... quote

Hi,

You must have been testing this TLE as also Sellers9 EA/TLE. Can you please confirm if they are picking up orders as per your entry rules. Also please let me know which is better, GVC's or Sellers9's. I want to test them next week and then go live there after.

Fx...

HI FX

I haven't tried out vendors EA because there were some problems from the VPS, I will place it on a a/c this week and watch . I have tried out various blend of TLE from GVC and some were not working as per my logic and then we altered to utilize just XO rather than utilize HAS as a filter since it was giving late entrances. So I am currently using 2 xo TLE out of GVC that is perfect in taking entrances and exits on change of XO colour. I have asked GVC to incorporate that XO that I would like to choose to utilize as EXIT as currently it will exit just on change of both XO and not a single one. Once we have sorted that out, will ask GVC to place it for other people to examine too.

I enjoy Semi Automation. So want to be in control of my trades.so this TLE meets my needs. I will begin using the HAS TLE for my transactions along with this TLE .

Originally Posted by ;

quote Hi, You should have been analyzing this TLE along with Sellers9 EA/TLE. Can you please confirm if they are picking up orders in accore with your submission rules. Also please let me know which is better, GVC's or Sellers9's. I would like to examine them and go live there after. Fx...

Originally Posted by ;

HI FX I haven't tried out vendors EA because there were some issues from the VPS, I'll put it on a a/c this week and watch . I have tried out various combination of TLE from GVC and a few weren't functioning as per my logic and then we modified to utilize only XO and not utilize HAS as a filter since it had been providing late entries. So I am presently using two xo TLE from GVC which is perfect in carrying entries and exits on change of XO color. I have asked GVC to incorporate which XO that I want to choose to utilize as EXIT as now it will leave only on shift of both XO and not...

Your reply above is in line with my observations. According to me the TLEs are good for making the entries as we cannot watch the market tick by tick. As and when the entrance condition meets I anticipate the TLE to pick up orders. There after the trade is in my control for exit as you're doing manually using the T101 ea. This I require as I miss lots of entries as a result of plogical problems. After lot of guide back testing I narrowed down to 2TF HAS and 2TF XO TLEs. I have the 2TF HAS, if the 2TF XO is functioning fine please post it to check next week.

Also I have decided to exchange the CAD and AUD baskets. With these two and the basket 14 we could pay for the majority of the currency pairs traded.

FxOptimus

Hi FX, exactly what you have said is correct, specially for 1hr and higher timeframes, we want automated admissions according to logic, once that's taken,we can handle the risk amounts .

I will surely post the 2tf XO next week once I fine tune with GVC about which XO it should take to depart, this will allow it to be nearly 100% mechanical system, no emotions, simply put the Sl and TP and choose the ride.

I'm comfortable with all the 14 pair basket and will seem to add YEN , AUD Baskets from Next year. I want to be 100% perfect at the 14 pair before I wish to begin with different baskets. As as now, I have opted to trade maximum of 3 baskets at any certain time i.e 925 XO for intraday goals of 500 pips, 3280 XO entry till XO varies and 4920 for swing trading till it changes colour.

Originally Posted by ;

quote Your response above is in line with my own observations. According to me the TLEs are good for making the entries as we can't see the market tick by tick. When the entry requirement meets I anticipate the TLE to pick up orders. There after the trade is in my hands for departure as you have been doing manually utilizing the T101 ea. This I need as I miss lots of entrances due to emotional issues. After lot of manual back testing I narrowed down to 2TF HAS and 2TF XO TLEs. I possess the 2TF HAS, if the 2TF XO is working fine please post it to check...

Originally Posted by ;

Hi FX, what you have said is correct, specially for 1hr and greater timeframes, we want automated entries as per logic, once that is taken,we could handle the risk levels . I will surely post the 2tf XO following week after I fine tune with GVC about which XO it must take to exit, this can make it nearly 100% mechanical system, no emotions, simply set the Sl and TP and choose the ride. I am comfortable with all the 14 pair basket and will seem to add YEN , AUD Baskets from year. I would like to be 100% perfect in the 14 pair before I wish to begin using...

Hi Nisha,

so that you employ the T101 EA to manage your SL, TP, proceed to BE, etc? Can you use the EA or apply the TLE? I am attempting to get the hang of this but I am having a difficult time configuring it.

I dont use a lot of its own features, I use it to manage my own SL and TP which I could proceed by mouse. Aside from that I have not used it much. Check in the Still Basketting thread to get a pdf on this EA, will be useful.

Originally Posted by ;

quote Hi Nisha, So you use the T101 EA to manage your SL, TP, proceed to BE, etc? Can you Use the TLE into the T101 EA or use the EA? I'm trying to get the hang of it I'm having a tough time configuring it correctly.