GannHiLo-Histo indicator is based on Moving Averages (High and Low), It will initiate a Long Signal when price closes above the SMA(High), and Short Signal when price closes below SMA(Low). That's it. image I already did a similar robot based on ...

Robot Lab Project

Yes. I see USD and JPY as the 2 currencies that affect the market most. I don't want them together in one basket because they might disturb the basket trending. For example: when USD weakens, USDJPY weakens while other JPY pairs get stronger. This ...

Basket Robots

Thanks jjventural a script does its all work in one cycle once attached to a chart and then removed automatically (unless coded otherwise). an indicator repeats its work with each tick until removed from the chart by user. The create basket script ...

Basket Robots

Yes. As far as I know it's a limitation in mt4 offline charts

Basket Robots

I am going to trade the 3 baskets on One account using Robot A, and on a second account using Robot B. Robots A and B are not decided yet.

Basket Robots

New Baskets: Commodity Currencies Basket: ​Pairs : GBPAUD, GBPNZD, GBPCAD, EURAUD, EURNZD and EURCAD Directional Weights: -1, -1, -1, -1, -1, -1 Lot Multiplier : 1, 1, 1, 1, 1, 1 Yen Basket : ​​Pairs : EURJPY​, GBPJPY, AUDJPY, NZDJPY, CADJPY, CHFJPY ...

Basket Robots

Basket Trading Evaluation after one month of demo trading A month ago, I started testing 3 baskets on different account: Those baskets were : Commodity Currencies Basket: composed of 9 pairs (AUDUSD, NZDUZD, USDCAD, GBPAUD, GBPNZD, GBPCAD, EURAUD, ...

Basket Robots

Baskets can be traded using different approaches. My approach here is to trade a basket using an offline chart as I would trade a normal single pair chart either manually or using a robot. Other approaches were provided by other great contributors ...

Basket Robots

When trading multiple pairs as a basket pips don't mean much (if any). Basket Chart is basically used for technical analysis. I prefer money targets when trading baskets over pip targets, although you can use SL/TP lines but they will not be 100% ...

Basket Robots

Take a look at the image below image Which chart do you think will be more suitable to trade a JPY basket ? Notice the wicks in the chart generated by Basket8 !

Basket Robots

Hi fanatics, I will reply to you shortly, and then have a separate detailed post on my 1 month experience developing/trading baskets. Only S/R. But you have to know how to trade S/R on a normal chart before trying that on an offline basket chart. ...

Basket Robots

Not at all Josh, I am enjoying this.

Robot Lab Project

I will give it a look next week and see what I can do. regards,

Robot Lab Project

Yes. When we go fully automatic.

Basket Robots

Search for files with offline chart name+timeframe in minutes with extention .hst using operating system search utility and delete them. For example search for #10EJ#15.hst and delete it. Or search for *#*.hst and delete them. Regards

Basket Robots

I like to look at it from an annual point of view, because at the end that what really counts. 2-8% monthly translates to 24-96% annual return, and that's a wide range. Which segment fits each trader depends on annual expenses for running the ...

Why 2-8% a Month Should Be Enough For All Traders

Entry was manual around Intra-day S/R lines, and exits were managed by the Basket Manager at certain basket profit/loss or TP/SL lines. The trick I believe was in UNDER-trading.

Basket Robots

2-8% monthly return is realistic and achievable if you have a good system. over 10% is hoping for too much. The more important factor is controlling risk, and don't worry, profits will come. I my self prefer auto over manual trading. Good Luck

Why 2-8% a Month Should Be Enough For All Traders

Hello Reamasesa, Weights are up to you. The basic idea is to generate a basket chart that is meaningful and trade-able. So for example if you like to make a basket of GBP: you can select few or all pairs of GBP. Suppose you selected GBPUSD, EURGBP ...

Basket Robots

I was thinking of an idea that might have positive effect on some robots performance, or might not. Suppose a robot gave a buy signal (based on some trading system), with a calculated SL and TP. Since we have put a SL , there is a probability that ...

Robot Lab Project