Awesome - original version

[manuoz]

So according to your method with a initial trading capital of 1000 USD , the minimum open trades per pair would be 2? no more i think?

If you mean the maxtradespertimeframe in the fill the gap settings then I am not sure 2 would be sufficient with this strategy. With a 1k account you would be better off limiting the pairstotrade to just the major pairs and reducing the basket profit instead. Try both and see what happens

Thanks yes you are right, i already changed basket profit to 1 USD, will also try 0.1% and see...

[TraderJoeForex]

Yes. I am thinking of adding both a daily profit target and a weekly profit target so the bot will knock off for the day/week whenever these targets are reached. Any suggestions how to calculate these figures gratefully received.

Perhaps just keep the same choice of cashprofit or % profit?

[manuoz]

Yes. I am thinking of adding both a daily profit target and a weekly profit target so the bot will knock off for the day/week whenever these targets are reached. Any suggestions how to calculate these figures gratefully received.

Perhaps just keep the same choice of cashprofit or % profit?

for now i am 1 USD instead of 5 , and will see.
and 6 major pairs will be perfect, not too much for my capital but not too bad to avoid big gap, black swan...

[TraderJoeForex]

for now i am 1 USD instead of 5 , and will see.
and 6 major pairs will be perfect, not too much for my capital but not too bad to avoid big gap, black swan...

Great, let us know how you get on

[manuoz]

for now i am 1 USD instead of 5 , and will see.
and 6 major pairs will be perfect, not too much for my capital but not too bad to avoid big gap, black swan...

Great, let us know how you get on

no problem

[SteveHopwood]

Just done some house cleaning here tonight.

Your post has disappeared? Assume I think you are a cretin and so have removed your post. Best if you keep your head down; disturb me again and I will ban you.

I remind you guys. Cretins are not welcome at SHF. I did point this out in my Welcome message to you when you joined. Your fault if you could not be arsed to read it.

[eaymon]

Today's Update :

all balances started at $10k.

Day 3:
Awesome all timeframes non basket.set

Balance : $10,857.28
Equity : $10,308.71

~ $549 floating loss


Awesome M1 basket.set

lot sizes and balances fixed
Balance : $10,596.95
Equity: ~$10,604.40


Steves four timeframe.set

Balance : $10,704.12
Equity : $10,296.08

~ $408.04 floating loss


I have updated the code to the latest and added the Flying Budda indicator in the folder. I thought it was optional... Then I read the manual again

Marginal increases on account 1 and 3, about 0.6% on the balance. One thing to put into perspective is that there is more floating loss around this time than in the middle of the day. The accounts are kinda stuck for the most part, and I'm hoping it isn't because I forgot the FB indicator.

After updating the settings for M1 baskets it gained and locked in an astonishing 4.8% today. I'm turning into a basket case. It's nice to not have pairs hanging around waiting for the end of the manipulation run...

Still very early days... I want to know how, when and the size of loss when it happens.

[barry]

eaymon,
Thanks for the update.
I can tell you how and when the big loss will come: when there is a big one-way move against the direction of our trades, even worse with a gap - that will cause some heartache.
Note the long post by TJF on the previous page where he explains why he used .01 lots per 10,000 in the M1 basket setfile. There are so many close-spaced trades on M1 that the leverage used on the other TF's will get us into trouble on M1 when the big move happens. That's a big pity, but I'm sure he's right, so your "corrected" setfile will get you into trouble.

[eaymon]

eaymon,
Thanks for the update.
I can tell you how and when the big loss will come: when there is a big one-way move against the direction of our trades, even worse with a gap - that will cause some heartache.
Note the long post by TJF on the previous page where he explains why he used .01 lots per 10,000 in the M1 basket setfile. There are so many close-spaced trades on M1 that the leverage used on the other TF's will get us into trouble on M1 when the big move happens. That's a big pity, but I'm sure he's right, so your "corrected" setfile will get you into trouble.

i read a different perspective from TJF in a later post, but that comes to more a philosophy of money management and how you handle risk. I don't want to get in that discussion here.

[celte83]

Hi,
2 full days Basket M1 set as is