I have been playing with Steve’s Basket Multi Pair Auto Trading for some times that was Published at forex factory back in Nov. 2010. Steve uses RSI to detect trends and ob/os, I made a slight changes by taking the difference between the daily bar and yesterday’s bar closing, and setting a constant pips (4.75), to find out the degree of volatility movement which served as my filter. If the difference is between today’s closing and yesterday’s closing is above 4.75 it will trigger a trade while below would be a sell.
Result of of my demos shows potential legs especially when the market is trendy. I also went further by adding one filter from the lower time frame. As I am no coder, I am proposing to revisit the EA in view of the many talents contributing in this forum.
Haggadah
Revisiting Steve Basket MultiPair Auto Trading EA
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Haggadah
- Trader
- Posts: 154
- Joined: Sat Dec 03, 2011 12:01 pm
Revisiting Steve Basket MultiPair Auto Trading EA
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Haggadah
- Trader
- Posts: 154
- Joined: Sat Dec 03, 2011 12:01 pm
Revisiting Steve Basket MultiPair Auto Trading EA
Here is a result of my ongoing trades with the basket incorporating a little tweak of ob/os settings. With .01 lot currently 4 winning pairs vs 2 lossing trades, not bad. I invite talented coders in this thread to look at it as I believed there is a potential out there for this EA for further development.
Haggadah
Haggadah
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