stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

Shelley's multi-pair basket trader
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=583		 Page 49 of 87
Author:  mackaozy [ Thu May 31, 2012 2:13 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
cytek wrote:
mackaozy wrote:Just closed out at 230 pips again for the day..simples...!! :D :D :D

Started 0800 at London open again.. same as every day this week.. :D :D :D
Nice! :D USD kicked a** after than PMI data came out :) Glad everyone had a +day, notwithstanding the -DD at the beginning of the day.
lol yep I was lucky today really..was in DD at the beginning of the session :D Still going to hold off going live and demo for a month sooo hard though!! ;)
Author:  Caillou [ Thu May 31, 2012 2:15 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
Floating +357pips.........goodness, I´m still in a live account..... :D
Author:  mackaozy [ Thu May 31, 2012 2:18 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
quanttraderjoe wrote:hello mackaozy,

can u pls share your settings for adaptive tp, adapt sl, adap breakeven? your myfxbook looks bloody good! do u set it for tokyo, london n newyork open? pls share your set file.

i set mine at adapt tp 20, adapt sl 20 n adapt be 10 but results r not too good.
thanks man!
Hey Joe

Sure.. I'm using v1i..not going to change it until I get different results..

Setfile attached... :)
Author:  marsie [ Thu May 31, 2012 2:19 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
Thanks for the EA, the ideas and cytek for for the setfile: http://www.mt4i.com/users/marsied24005/stats
Author:  mackaozy [ Thu May 31, 2012 2:25 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
quanttraderjoe wrote:hello mackaozy,

can u pls share your settings for adaptive tp, adapt sl, adap breakeven? your myfxbook looks bloody good! do u set it for tokyo, london n newyork open? pls share your set file.

i set mine at adapt tp 20, adapt sl 20 n adapt be 10 but results r not too good.
thanks man!
Just in case you don't have it..
Author:  garyfritz [ Thu May 31, 2012 2:25 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
Jemook, I don't understand. The AUDUSD pic you attached shows the TMA at almost exactly zero -- 0.06. How is that "at the top of the 1 hr TMA" ? What do you mean by "move to the outer TMA" ?

I would assume "at the top of the TMA" would mean "above 0.8." Which doesn't sound like a good time to go short, unless you're looking for a pullback in a bigger trend. Is that the idea?
Jemook wrote:To the people that want to enter on a retracement, try the following:

1. See which currency pairs Shelley wants to trade.
2. Switch to the 1 hr chart on those currency pairs and wait for price to move to the outer TMA before switching Shelley on.

For example: Have a look at EURUSD, AUDUSD, GBPUSD, NZDUSD right now. They are all at the top of the 1 hr TMA. Now is a good time to short, not necessarily at London open.

Attached a pic of AUDUSD 1 hr for reference.
Author:  garyfritz [ Thu May 31, 2012 2:27 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
garyfritz wrote:I'm now running with both these fixes [to S+G]. They didn't open up a dozen trades instantly, so that's a good sign. I'll let you know if it seems to work. Remember, though, I don't think it makes a lot of sense to trade this approach as a basket, so I'm not sure how well this is going to work.
It didn't. It's been running nearly 24 hours and no trades. There must still be a problem in there somewhere.
Author:  quanttraderjoe [ Thu May 31, 2012 2:32 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
phil_trade wrote:Hi all

today is a good day... why only demo ! :lol:

Tokyo + London = +1000 pips and 240 secured

that's nice... even if market is quit "easy"

yeah Phillipe,

do u mind sharing your set file?
your results are looking bloody good as well.
r u running the same set file for all 3 sessions of london newyouk n tokyo open?
thanks man!
Author:  SWG123 [ Thu May 31, 2012 2:37 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
garyfritz wrote:Jemook, I don't understand. The AUDUSD pic you attached shows the TMA at almost exactly zero -- 0.06. How is that "at the top of the 1 hr TMA" ? What do you mean by "move to the outer TMA" ? ]
Gary, he means the TMA bands, not the slope indi. :)
Author:  forexripper [ Thu May 31, 2012 2:46 pm ]
Post subject:  Re: Shelley's multi-pair basket trader
Jemook wrote:Cheers Joe.

I'm not really looking at the TMA Slope to see if the pair has retraced enough. I'm looking at the TMA Outer Bands on the 1h:

EG; for a short:
when price reaches the opposite (upper) TMA band on 1h and the higher TF is showing a strong trend it's time to kick Shelley into action. It should be doing this across most of the pairs that Shelley wants to trade too.

Also I like looking at the range of the 1H TMA bands (top to bottom) to know how much to target for each currency. Ie; right now there's ~100 pips range for 1H TMA in AUDUSD so I can set my TP to the AUDUSD to ~80 pips and should be golden as I expect it to go from top of TMA to bottom of TMA.

So check this out:

Calculate the TMA range for EACH currency pair Shelley wants to trigger and add them up. Then divide that by the # of pairs she wants to trigger and it should give you the approx #pips to target for AdaptivePipsTakeProfit :D
Jemook,

Pls help me with the process. I define pairs I want to trade and recompile and then will attach Shelley on a chart Right? But what I don't understand is how would I know which pairs Shelly wants to trade as mentioned in your post? If I know this then only I can go to some charts to see upper or lower bands touch on H1. Pls help me here. Thanks
All times are UTC Page 49 of 87

Powered by phpBB® Forum Software © phpBB Limited