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Shelley's multi-pair basket trader
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=583		 Page 31 of 87
Author:  SWG123 [ Tue May 29, 2012 2:06 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
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. :D
Author:  Armen [ Tue May 29, 2012 2:15 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
cytek wrote: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. 8-)
Hi cytek, Your settings seem to be varying from defaults.
If you could describe or attache ".set, please.
Author:  vivaldi [ Tue May 29, 2012 2:15 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
cytek wrote: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. 8-)
Cytek,
What settings do you have ?

Vivaldi
Author:  Armen [ Tue May 29, 2012 2:23 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
cytek wrote: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. 8-)
Your last sentence confuses. You did the first 3 on a live account ?
Author:  cytek [ Tue May 29, 2012 2:39 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
Armen wrote:
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.
Author:  cytek [ Tue May 29, 2012 2:41 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
Armen wrote: 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.
Author:  Armen [ Tue May 29, 2012 2:43 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
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. :)
Author:  cytek [ Tue May 29, 2012 2:44 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
vivaldi wrote: 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
Author:  spotdespot [ Tue May 29, 2012 2:48 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
garyfritz wrote: 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.
Author:  cytek [ Tue May 29, 2012 2:49 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
Armen wrote: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.
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