Basket Trading BALUDA'S CSS Crossovers

[TraderJoeForex]

What's the reason for only 1 trade per pair/ day?
Looking at GBPJPY today we could have;
- 90.6 pips
- 28.6 pips
and possibly another trade soon when H1 turns green again.

Sure although if you have been watching GBPJPY perhaps this afternoon will be a bit undecided as momentum runs out of steam with a final push to test resistance. And it is even more likely to be undecided since it will be outside of session than in session.

Session for GJ would include Asian and London but not USA. If the conditions are met during Asian then first shot should be the best.. if the conditions aren't met until London that's ok too.

The thing is you could trade this 24/7 on every pair but that will bring lower returns with more losers. We want the highest probability trades for each session and better to have increased lot size on the highest probability trades on fewer pairs than reduced lot size on more pairs just because the slopes line up.

Of course the best answer is let's make the restriction an option and then we can test both and see.

[vsmakkal]

Guys, i am willing to chip in too!!

[TraderJoeForex]

Brilliant, let's all work together on this. Will wait for your proposed set file. Cheers

I sent you a PM.
Have a look at it and then we can share it in the thread.
BR
Mathias

Fast work.. it looks good just need to decide whether we rely on CSSdiff or CSScross but can test both. Do post so everyone can have a play this afternoon.. I have to go out for a few hours so will pickup when I come back. I have a very good feeling about all this

[Zennor]

need to decide whether we rely on CSSdiff or CSScross

Personally I prefer the CSSdiff as I have observed quite a few false crosses and feel that the CSSdiff is more of a confirmed type signal..

[TraderJoeForex]

Personally I prefer the CSSdiff as I have observed quite a few false crosses and feel that the CSSdiff is more of a confirmed type signal..

I think should be easy to test both and see. In theory you will only get a cross after a signal from CSSdiff but forward testing is the way.

[TraderJoeForex]

Here's what I propose about ££ contributions since it's so nice quite a few of us offered to chip in so quickly which is great.

Once this is nailed and working we could pool from everybody willing to chip in and split 3 ways.. Mathias for willingness to jump in and modify his dashboard to suit this project, Bob's chosen charity Compassion on behalf of Bob and Baluda without whom we would not have this indicator and Steve as a thank you for this space for us to share.

I will have to ask Steve but perhaps he'd be willing for us to all just chip in directly to him and we can trust him then to split the 3 ways.

Hope that sounds sensible, of course any donations are optional but I know I'll be trading this live and anyone else doing so has a good chance of making lots of ££ from this.

[Zennor]

Here's what I propose about ££ contributions since it's so nice quite a few of us offered to chip in which is great.

Once this is nailed and working we could pool from everybody willing to chip in and split 3 ways.. Mathias for willingness to jump in and modify his dashboard to suit this project, Bob's chosen charity Compassion on behalf of Bob and Baluda without whom we would not have this thread and Steve as a thank you for this space for us to share.

I will have to ask Steve but perhaps he'd be willing for us to all just chip in directly to him and we can trust him then to split the 3 ways.

Hope that sounds sensible, of course any donations are optional but I know I'll be trading this live and anyone else doing so has a good chance of making lots of ££ from this.

Great idea, you can count me in..

[Gertje]

Great idea, you can count me in..

+1

[cybersmart]

Here's what I propose about ££ contributions since it's so nice quite a few of us offered to chip in so quickly which is great.

Once this is nailed and working we could pool from everybody willing to chip in and split 3 ways.. Mathias for willingness to jump in and modify his dashboard to suit this project, Bob's chosen charity Compassion on behalf of Bob and Baluda without whom we would not have this indicator and Steve as a thank you for this space for us to share.

I will have to ask Steve but perhaps he'd be willing for us to all just chip in directly to him and we can trust him then to split the 3 ways.

Hope that sounds sensible, of course any donations are optional but I know I'll be trading this live and anyone else doing so has a good chance of making lots of ££ from this.

I agree, great idea and count me in as well

Kevin

[KeithM]

Here's what I propose about ££ contributions since it's so nice quite a few of us offered to chip in so quickly which is great.

Once this is nailed and working we could pool from everybody willing to chip in and split 3 ways.. Mathias for willingness to jump in and modify his dashboard to suit this project, Bob's chosen charity Compassion on behalf of Bob and Baluda without whom we would not have this indicator and Steve as a thank you for this space for us to share.

I will have to ask Steve but perhaps he'd be willing for us to all just chip in directly to him and we can trust him then to split the 3 ways.

Hope that sounds sensible, of course any donations are optional but I know I'll be trading this live and anyone else doing so has a good chance of making lots of ££ from this.

Great idea!