[Randy42]

Cool shots gents. Not played live for some time think my last proper gig was May 12, but Ill see what I can dig up.

:)

[forexpinbar]

Great idea..This will make analysis of results even better..Keep up and good work.

Ok ok you are going to say that I am lazy

Next update (to be posted later) include an option to export results in a CSV file:


ex.png


Thanks to this CSV file I will just have to copy and paste those data into my Spreadhseet to performs my anaylisys

[mrdfx]

I've been watching my daily baskets with the VB and trying to see why some were not triggered.

I have all VB set to trigger when min pips > 0 however I have seen that there were 2 baskets that didn't trigger on this setting, am I missing something or perhaps not understanding something?

[Geko]

I have just checked on my DB, when min pips is 0 there shouldn't be a "-" before the 0, it mean your value is something like -0.1.

I have just included the display of 2 decimals in the next version to be posted:

EXPLAIN.png

Even the value appear without any decimals (they are rounded to be displayed with 0 decimals), the calculation of this value has some decimals.

Instead of using 0 maybe you can try something like 1.... exceped if you want to keep a real "0". I cannot advice for the moment as testing just start.

[mrdfx]

Ok thanks Geko, I'll adjust my VB and change it to 1, hopefully that will fix my minor issue.

[Geko]

Hi Guys,

@ Alan: your concept to trade VB with the DB is coded in the DB , I am currently testing it to make sure it is ok, I will try to upload the DB before market closure

[Geko]

Hi Alan,

I have coded your Virtual Basket approach in the DB.

It is a beta version which needs to be tested as usual

Before to post it, I wanted a few confirmations to adjust the DB if necessary.

Here what I have done:

The VB triggers the trades without spread as we don’t need it to monitor the VB (it makes it easier).

When we reach our triggers levels +/- 300, the real basket are triggers. When those real baskets will be trigger they will have immediately a pip count of let’s say – 25 because of the spread. So the VB will have a pips count of +/- 300 when the real basket will have a pips count of – 25.

Here the approach in a spreadsheet:

VBA.png

If TP is reached, basket is closed and DB stop trading.

If SL of – 300 pips is reached, an opposite basket is open. If TP or SL is reached, basket is closed and DB stop trading.


Technical note: For example, for an in trend basket the DB trigger the SL on the real basket pips count (at – 300 pips) and not on the VB pips count of 0. Which mean there is a difference which is the spread. The VB is at + 25 when the real basket is at -300. Same approach for a reversal basket.

Instead of the real basket pips counts, I can use the VB pips count and wait for it to be at 0 but then the real basket pips count would be at -325…

Hope it make sense

[Ajs5274]

Thanks so much Geko for your generosity. I have understand the approach of how you have coded the ea. Based on limited observations the vbasket would work as it is now (including the spread). So v basket opens , 16 pairs say. It is down 20 pips.... normal basket triggers at 300. Reverse trade basket triggers at -300. However your approach might work better, I will test it next week and report back.

Thanks again .

[Ajs5274]

Food for thought.
Also Geko, You could keep opening basket until the market shows us its direction. This week for instance the reverse trade basket opened I would of taken a -300 pip loss. Then the normal basket opened and went to +300 pips, BE+50. It then reversed on me again and went into negative territory I am not sure where it ended up though. Maybe this ended more that 250 pips and so would of ended in a positive week for me.

[firewight]

I think its important to remember the core idea of the VB, at least originally, was to use longer term signals like a weekly or monthly signal to give you the primary direction of each pair.

Then, using the -pip value of the VB was simply allowing some form of a pullback before continuing in the direction of the higher timeframe signals.

So, by using a reverse trade entry against longer term trends, may end in disaster.

At least this was always my understanding of the concept...

Please correct me if I am wrong, I have not really used the VB much as my baskets are usually small TP in and out session based baskets, not longer term baskets.