Correct, but your offline chart is equal to (for example C5) 1 lot of GBPJPY + 1 lot of EURJPY + 1 lot of AUDJPY + 1 lot of GBPUSD + 1 lot of NZDUSD. If the chart is rising, but you buy 1 lot of GBPJPY + 1 lot of EURJPY + 1 lot of AUDJPY + 1 lot of ...

Still Basketting

I have a question Gvc - if you set GBPCHF and USDCHF to trade opposite, how do you generate an offline chart showing those pairs reversed? All the offline chart generators seem to only create a chart with pairs in the same direction.

Still Basketting

Yes, I'm running it with the standard settings. I'm using Paradox's first indicator, the one that doesn't do any backtesting. It's just a demo, I wanted to see how the backtest stacks up against a forward test.

Still Basketting

Instead of thinking of it as 14 pairs, think of it as 1 synthetic pair (made up of 14 components). Then re-read omadivi's last post to you - it explains how the EA works.

Still Basketting

Are you talking about the MPBM found here? If your basket is at $500, and your stop loss is at $350, and your basket drops down from $500 to $350, it will close the entire basket.

Still Basketting

ananthhh also created an EA using Paradox's indicator. I'm demoing it here, and it seems to be working fine.

Still Basketting

Yes, see here

Still Basketting

The EA looks at all your trades at as a basket and monitors the profit of that basket. Once the profit of the basket drops to your dollar stop loss, it closes the basket (all your open trades)

Still Basketting

It's a little tricky, instructions are here: url

Still Basketting

Does anyone have an offline chart that allows you to weight or reverse pairs? I've tried most posted on this thread and they only allow you to add pairs in one direction. Paradox's indicator allows you to do this, but I want it in an offline chart ...

Still Basketting

Yes. This can also be verified by trying what you just said.

Still Basketting

One more thing to note - that if you reverse pairs in BasketChart.mq4, when the EA buys or sells it buys/sells all pairs in the same direction whether they are reversed or not.

Still Basketting

The EA runs fine - not sure how to improve though.

A Simple London Breakout

Yes you do. I started testing the EA yesterday - it works fine - it opens fixed lots on the pairs - doesn't dynamically scale or re-weight.

Still Basketting

Sorry, I played with it a bit but couldn't get anything profitable.

A Simple London Breakout

From 125 pips all the way back to break even

Central Banks & Big Players

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Still Basketting

Answer to Tony's lot size is here. Why don't you test the smallest lots size on demo for a few months and see how the system performs?

Central Banks & Big Players

Up 125 pips! This covers all the losses and trading costs of the last month.

Central Banks & Big Players

Fantastic news!!! How do you trade it?

4H Box Breakout