Shelley's multi-pair basket trader

[SWG123]

Today's 5-pair basket (opened at 0645GMT) which was 125 pips in the hole early on has just closed with a profit of 81 pips, adding to 99 from yesterday.

[Armen]

Summary of Shelley today;
Sell x4: EURJPY, EURUSD, GBPJPY, GBPUSD Buy x1: USDCHF

Basket 1 opened 9:40 (GMT+2). Closed @ 10:36 (GMT+2) for 50 pips.
Basket 2 opened 11:26 (GMT+2). Closed @ 11:50 (GMT+2) for 75 pips.
Basket 3 opened 13:34 (GMT+2). Closed @ 15:15 (GMT+2) for 50 pips.
Basket 4: Opened 16:20. Closed @ 16:30 for 50 pips. Wasn't too sure of this last basket, so did it on Demo account.

Total for today; 225 pips over 4 entries.

Hi cytek, Your settings seem to be varying from defaults.
If you could describe or attache ".set, please.

[vivaldi]

Summary of Shelley today;
Sell x4: EURJPY, EURUSD, GBPJPY, GBPUSD Buy x1: USDCHF

Basket 1 opened 9:40 (GMT+2). Closed @ 10:36 (GMT+2) for 50 pips.
Basket 2 opened 11:26 (GMT+2). Closed @ 11:50 (GMT+2) for 75 pips.
Basket 3 opened 13:34 (GMT+2). Closed @ 15:15 (GMT+2) for 50 pips.
Basket 4: Opened 16:20. Closed @ 16:30 for 50 pips. Wasn't too sure of this last basket, so did it on Demo account.

Total for today; 225 pips over 4 entries.

Cytek,
What settings do you have ?

Vivaldi

[Armen]

Summary of Shelley today;
Sell x4: EURJPY, EURUSD, GBPJPY, GBPUSD Buy x1: USDCHF

Basket 1 opened 9:40 (GMT+2). Closed @ 10:36 (GMT+2) for 50 pips.
Basket 2 opened 11:26 (GMT+2). Closed @ 11:50 (GMT+2) for 75 pips.
Basket 3 opened 13:34 (GMT+2). Closed @ 15:15 (GMT+2) for 50 pips.
Basket 4: Opened 16:20. Closed @ 16:30 for 50 pips. Wasn't too sure of this last basket, so did it on Demo account.

Total for today; 225 pips over 4 entries.

Your last sentence confuses. You did the first 3 on a live account ?

[cytek]

Hi cytek, Your settings seem to be varying from defaults.
If you could describe or attache ".set, please.

Hi Armen. I just use Shelly to open the baskets, and I choose the open time manually.
I also use a very low t/p, preferring to enter and exit quickly, and do multiple entries.
As requested, please find the last .set file I used (start time will need to be changed each time obviously as I dont use a set start time). Nothing special - just basically set everything I didnt want to off and I control the rest manually.

[cytek]

Your last sentence confuses. You did the first 3 on a live account ?

Correct - first 3 baskets on Live. I was on demo last week, and performance was good, so I decided to move to Live this week. Didn't want to take a chance with yesterdays Holidays, so today was my first day on Live.

[Armen]

cytek thanks for comprehensive reply.
I see your tactical approach is very effective indeed. Will try it tomorrow.
thanks again.
Cheers.

PS. Wish you success on live account mate.

[cytek]

Cytek,
What settings do you have ?

Vivaldi

Hi Vivaldi,
See my post link below in response to a similar question from Armen. Shout if that doesn't answer it and maybe i missed something specific you were after.
Thanks. http://www.stevehopwoodforex.com/phpBB3 ... 242#p14242

[spotdespot]

I'm testing this with these settings:

extern bool OriginalShelley=false;
extern bool ShelleyPlusGary=true;
extern int AdaptivePipsTakeProfit=30;//Pips per open trade. A zero input will disable this.
extern int AdaptivePipsStopLoss=50;//Pips per open trade. A zero input will disable this.
extern int AdaptiveBreakEvenProfitPips=10;//Set to zero to disable this function
extern int AdaptiveBreakEvenProfitPipsLock=2;//Pips per open trade. A zero input will disable this.
extern int AdaptiveJumpingStopPips=5;//Zero to disable

So (I think): all stops/etc are per-open-trade, with 30pip-per-pair TP, 50 pip SL, move stop to +2pips when average-open-profit-per-pair reaches 10, jump the stop 5 pips-per-pair.

I have Original and also ShelleyPlusGary both with:

extern int AdaptivePipsTakeProfit=25;//Pips per open trade. A zero input will disable this.
extern int AdaptivePipsStopLoss=40;//Pips per open trade. A zero input will disable this.
extern int AdaptiveBreakEvenProfitPips=10;//Set to zero to disable this function
extern int AdaptiveBreakEvenProfitPipsLock=2;//Pips per open trade. A zero input will disable this.
extern int AdaptiveJumpingStopPips=7;//Zero to disable

Will see how they get on.

[cytek]

cytek thanks for comprehensive reply.
I see your tactical approach is very effective indeed. Will try it tomorrow.
thanks again.
Cheers.

PS. Wish you success on live account mate.

Pleasure. Hope it works for you. In terms of method, I prefer to wait for retraces against the daily trend, and once I see these, I then put Shelly on so that my entry prices are "maximised", so to speak. Obviously, this requires more time and effort than "set it and forget it".
Tx - I am using small lots (0.1) on live to limit risk.