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Jem's Uber Basket Trading Thread
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Author:  Zool [ Sun Sep 02, 2012 10:57 am ]
Post subject:  Re: Jem's Uber Basket Trading Thread

I've made an indicator, to show daily, weekly, monthly average ranges on the chart. It draws horizontal lines that shows the available room above and below the current price. This is done by adding the average range to the period's low to show the upper line, and substracting the average range from the period's high to show the lower line (e.g. average weekly range substracted from current weeks high will show the weekly range low line).

The comments section is not too pretty :oops: I have to leave now, so I didn't finish the formatting of the table, maybe later I will fix it.

Since I'm a noob in MQL4 programming, there may be errors in the code, but it works on my computer :roll:
Author:  jasonckb [ Sun Sep 02, 2012 2:13 pm ]
Post subject:  Re: Jem's Uber Basket Trading Thread

Zool wrote:I've made an indicator, to show daily, weekly, monthly average ranges on the chart. It draws horizontal lines that shows the available room above and below the current price. This is done by adding the average range to the period's low to show the upper line, and substracting the average range from the period's high to show the lower line (e.g. average weekly range substracted from current weeks high will show the weekly range low line).

The comments section is not too pretty :oops: I have to leave now, so I didn't finish the formatting of the table, maybe later I will fix it.

Since I'm a noob in MQL4 programming, there may be errors in the code, but it works on my computer :roll:
Thank you Zool, you rock!!! :lol:
Author:  Jemook [ Mon Sep 03, 2012 1:55 am ]
Post subject:  Re: Jem's Uber Basket Trading Thread

Hello!

I just wanted to pop by quickly and say hi and see how everyone's doing. August hey? What a boring month! Here I am disappearing to get some fresh results for you all and the markets go dead. I entered only 2 baskets last month and played them quite conservatively. I closed one for +100 pips and another for +150 pips.

We finally have some new pairs to play with and here's the result of the first basket:
2012-09-03 03.42.57 am.png
Nice to finally see some fresh greenery on Baluda's iExposure indicator. I'm hoping the trends continue so I can get some new results on the live account. It looks like my plans have been pushed off for another month due to an August market that did not want to trend. No complaints though – there's nothing like a system that tells you when NOT to trade.

I will keep you updated via the email list, if you didn't receive my last email make sure you sign up again using the link in my signature. I'll be back in a month with a vengeance, see you then!

In the meantime green pips to all! :mrgreen:

Jem
Author:  pino [ Mon Sep 03, 2012 8:38 am ]
Post subject:  Re: Jem's Uber Basket Trading Thread

Hi everyone,

Here we go! This is my first basket. Only 2 pairs, as per Jem's rules.
basket 1 03.09.12.jpg
Both pairs bounced off 5MA.

Dummy question: is it ok to add pairs to the basket if i see other setups later on?

Any input on my basket is absolutely welcomed.

thanks!
Pino
Author:  xrismak [ Mon Sep 03, 2012 10:31 am ]
Post subject:  Re: Jem's Uber Basket Trading Thread

Zool wrote:I've made an indicator, to show daily, weekly, monthly average ranges on the chart. It draws horizontal lines that shows the available room above and below the current price. This is done by adding the average range to the period's low to show the upper line, and substracting the average range from the period's high to show the lower line (e.g. average weekly range substracted from current weeks high will show the weekly range low line).

The comments section is not too pretty :oops: I have to leave now, so I didn't finish the formatting of the table, maybe later I will fix it.

Since I'm a noob in MQL4 programming, there may be errors in the code, but it works on my computer :roll:
Yipeeeeeeeee :!: Zool, I am going to play with this Indi and see if it does the trick, I had been Stressing Jasonckb for something like this only 2 days ago, so it looks like you have beat him to it with this Development. :)
Author:  xrismak [ Mon Sep 03, 2012 10:36 am ]
Post subject:  Re: Jem's Uber Basket Trading Thread

Jemook wrote:Hello!

I just wanted to pop by quickly and say hi and see how everyone's doing. August hey? What a boring month! Here I am disappearing to get some fresh results for you all and the markets go dead. I entered only 2 baskets last month and played them quite conservatively. I closed one for +100 pips and another for +150 pips.

We finally have some new pairs to play with and here's the result of the first basket:
2012-09-03 03.42.57 am.png
Nice to finally see some fresh greenery on Baluda's iExposure indicator. I'm hoping the trends continue so I can get some new results on the live account. It looks like my plans have been pushed off for another month due to an August market that did not want to trend. No complaints though – there's nothing like a system that tells you when NOT to trade.

I will keep you updated via the email list, if you didn't receive my last email make sure you sign up again using the link in my signature. I'll be back in a month with a vengeance, see you then!

In the meantime green pips to all! :mrgreen:

Jem

Jem,
Coming back in a month's kind of Sounds like Ethernity to me in Active Trader's world but I'll wait, this has to be worth the Wait so we will wait. :)
Author:  xrismak [ Mon Sep 03, 2012 10:51 am ]
Post subject:  Re: Jem's Uber Basket Trading Thread

pino wrote:Hi everyone,

Here we go! This is my first basket. Only 2 pairs, as per Jem's rules.
basket 1 03.09.12.jpg
Both pairs bounced off 5MA.

Dummy question: is it ok to add pairs to the basket if i see other setups later on?

Any input on my basket is absolutely welcomed.

thanks!
Pino
Hi Pino,
I guess you can Add more pairs to the Basket but Supposedly Strictly only if they Meet the Criteria, I am assuming you are trading these Currency pairs on a Demo account for Starters, so feel free to play around with the System, with time you will figure out what works well and what also doesn't work with your appetite for Risk. :) When you are confident and Sure enough with what you have learnt about the System over a Period of time then you can Venture slowly and Cautiously with a Live Account

Happy Tading,

xrismak.
Author:  pino [ Mon Sep 03, 2012 12:01 pm ]
Post subject:  Re: Jem's Uber Basket Trading Thread

xrismak wrote:
pino wrote:Hi everyone,

Here we go! This is my first basket. Only 2 pairs, as per Jem's rules.
basket 1 03.09.12.jpg
Both pairs bounced off 5MA.

Dummy question: is it ok to add pairs to the basket if i see other setups later on?

Any input on my basket is absolutely welcomed.

thanks!
Pino
Hi Pino,
I guess you can Add more pairs to the Basket but Supposedly Strictly only if they Meet the Criteria, I am assuming you are trading these Currency pairs on a Demo account for Starters, so feel free to play around with the System, with time you will figure out what works well and what also doesn't work with your appetite for Risk. :) When you are confident and Sure enough with what you have learnt about the System over a Period of time then you can Venture slowly and Cautiously with a Live Account

Happy Tading,

xrismak.
Hi xrismak,

Thank you for your input.
Yes, i'll definitely play with the system, once i get the hang of it.

Update: up 40 pips at the moment.

thank you!
Pino
Author:  xrismak [ Mon Sep 03, 2012 12:29 pm ]
Post subject:  Re: Jem's Uber Basket Trading Thread

Hello Pino,

You have Arrived, 40 pips and still counting :!: hehehehehehe way to go my Friend, I want to be like you when I grow up. :)

happy Trading,
xrismak.
Author:  garyfritz [ Mon Sep 03, 2012 1:28 pm ]
Post subject:  Re: Jem's Uber Basket Trading Thread

Jemook wrote:We finally have some new pairs to play with and here's the result of the first basket:
Dude! How do you DO that!?

Welcome back, even if temporarily! Good luck with the findings in September...
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