“If you are fascinated with basket trading, you can definitely benefit with forums sharing experiences with the subject matter. You can trade from 2 to 14 pairs in basket trading. One may see that if the EURUSD goes up, the other pairs, like 14+ pairs also goes up. Mostly, the major pairs. If you basket one pair, you can take other 14 pair trade, so that makes a 10 pip TP on a 14 basket to result 140+profit.

Offline basket does not give so much noise like the offline indicator which has been going on for quiet sometime that you can input your own currency and give you the sum of the the same currencies. If you want to have the most ticks, you can place the indi in GBPJPY. To do this, you can go to MT4>File>Opem Offline> then look for the file # #T101# #M15 etc. If you want to open the compilation of the required currencies, just double click on the required file. If all the currencies selected goes up then you can find that in your basket, the chart candles will go up and you can place a script to “” Buy”” or “” Sell”” the same basket.

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All in all, the idea is like buying/selling based on the market sentiment: buy euro and aud and nzd while selling usd and jpy when in risk appetite mode and do the other way around if there is an aversion mode. You can find a lot of ways to interpret this one or you may simply put it this way, when all 7 green pairs reach the top 7 slots, then we place the BuyAll script or buy the 14 pairs, and when the 7 red paird would occupy the top 7 slots, you can place the SellAll script.Actually, there are several and different Time Frames, you can choose the one that best fits your trading style. “