Jem's Uber Basket Trading Thread

[Jemook]

There must be a reason why different brokers show different values on the TMA Slopes. I can't work it out.

On Cowboy IBFX I've got GBPUSD at -.45
On AxiTrader I've got GBPUSD at -.34

That's a pretty big discrepancy. Any ideas folks?

[forexripper]

There must be a reason why different criminals show different values on the TMA Slopes. I can't work it out.

On Cowboy IBFX I've got GBPUSD at -.45
On AxiTrader I've got GBPUSD at -.34

That's a pretty big discrepancy. Any ideas folks?

I have it at 0.34 also. I guess Cowboy IBFX screws everything everytime.

[Jemook]

Let's say A/F triggers but you're still waiting for a certain percentage of the basket to trigger before firing. Meanwhile A/F keeps climbing. Would it ever move far enough north to the point that you would not include it when the rest of the basket finally triggers?

It's nice to get in baskets when nothing has really moved yet (or everything has retraced at the same time). Sometimes you will get pairs that have already moved. I mentioned this earlier:

"You might want to be a bit selective about which ones you pop in the basket though as some pairs have already moved (CHFJPY,EURJPY,EURUSD,USDCHF)."

Go check them out and you'll see what I mean. If a pair has already moved it might be better to leave it out of your basket. You'll develop a feel for this over time.

[Armen]

Spyderman here is the pics. I am on Cowboy IBFX demo.

[Jemook]

I have it at 0.34 also. I guess Cowboy IBFX screws everything everytime.

I don't know I've been using Cowboy IBFX for my testing and the values seem correct to me. I think the AxiTrader one is incorrect. Someone that understands TMA Slope needs to get to the bottom of this. I'll make a post on the TMA thread.

[effluvium]

Mine reads -0.44 and in a downtrend. Try to load SlopeValues OOTB.

Baluda, Which I'd like to add in this consideration, is that Slope Value does not reveal the amplitude of the move happened for some pairs. Take today, for example AUDJPY was +0.09, and NZDJPY was -0.02.
So nobody was aware of the potential of these 2 pairs.

Now open their chart then notice that AUDJPY has lost 156 pips , NZDJPY lost 118 pips just today since 00 GMT.

[Baluda]

I have GBPUSD at -0.35 at FXOpen and at -0.47 at IBX. It seems that their Sunday candle is screwing us here too.

Edit: The more I think of it, it has to be that Sunday candle. I'll check if I can release versions of my indicators that correct that candle for TMA.

Paul

[rewand]

-0.34 at Alpari
Cowboy IBFX seems to be the exception

[Jemook]

Mine reads -0.44 and in a downtrend. Try to load SlopeValues OOTB.

Baluda, Which I'd like to add in this consideration, is that Slope Value does not reveal the amplitude of the move happened for some pairs. Take today, for example AUDJPY was +0.09, and NZDJPY was -0.02.
So nobody was aware of the potential of these 2 pairs.

Now open their chart then notice that AUDJPY has lost 156 pips , NZDJPY lost 118 pips just today since 00 GMT.

Where's the 'bang my head on a wall' emoticon

[harry89]

-.47 on GKFX in the UK