Author Topic: Basic setup for basket trading  (Read 868 times)

Hotpotato

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Basic setup for basket trading
« on: January 22, 2017, 09:39:35 PM »
Example preset file:  BDM~BSM
Charts used: One EA chart for BSM (Basket Selection Manager), baskets run on separate off-line charts.

To start basket trading you need the following tools

BDM - Basic Display Manager
BSM - Basket Selection Manager
TTM - Total Trade Manager

Optional BTM (Basket Trade Manager) can be used on the second EA chart to monitor the baskets (up to 9).
Example preset file: BDM~BSM~BTM

« Last Edit: January 22, 2017, 10:39:13 PM by Administrator »

Hotpotato

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Re: Basic setup for basket trading
« Reply #1 on: January 26, 2017, 12:55:26 PM »
Example screen of the Basket Selection Manager.

BSM handles the creation of baskets and manages the off line chart writers.

bsmexample.PNG

Hotpotato

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Re: Basic setup for basket trading
« Reply #2 on: January 26, 2017, 09:16:47 PM »
This the basket trading screen after BSM has selected the baskets.
The basket pairs are almost identical because the basket where generated 4 hours apart during the Asian session.
Normally you would only trade the one.
The move was "predicted" during the Asian session and happend two hours after London open. 

inpips.PNG

First basket closed on Take Profit, second on it's way.

inpipsfirst.PNG
« Last Edit: January 26, 2017, 09:21:51 PM by Hotpotato »

Hotpotato

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Re: Basic setup for basket trading
« Reply #3 on: January 28, 2017, 01:14:08 PM »
Multiple baskets and TTM (Total Trade Manager) on a single pair.
TTM can be used for basket (multiple pairs) as well as single pair trading.

complexbasket.PNG