hello why nothing appears?
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Relative Strength Basket Trading System 3465 replies
Trading System Using Relative Strength-Part 2 1458 replies
Kang Gun Relative Strength trading - the EA's 1375 replies
Level 5? I don't remember putting a level anything there. Quick checklist:
- Lot size not 0?
- EA count correct?
- Other comments? (Upper left corner of the chart)
I haven't quite figured out what to do with brokers with symbols > 7 characters.
What the EA does is it takes the first three letters of the symbol and calls that the "Base Currency" the EA then takes the next three letters of the symbol and calls that the "Counter Currency"
Are those correct?Ignored
BKG: It should do that. There are various indicators on this thread. I'm back here to finishing reading it in entirety because my results have been so good but a mystery has appeared.
Here is what I am noticing: the template called "complete_cffp" does update - in fact suggestions are changing in between candle closes! That template has histograms from 240 all the way to monthly, plus boxes of suggested trades. It appears to be to be the exact same version of the indicator, "CCFpDiff_[v2.0]" that I have attached separately on various charts.......Ignored
I have been following this thread and I have to say I have lost a lot of money using this system. It's a pity but it's true, I think relative strenght it's not the way to earn money.Ignored
Not for you, maybe... Have you read through this thread??? So... speak for yourself :-)
Here we go for my self i read the histo instead the instruction and make my own analysisIgnored
haha for real.. my stats from a couple days ago. starting again next weekIgnored
i think, this system LOSS.. i tried it.
i dont understandIgnored
Hi, allisonmagic. Nice to see your positive results too. What made you (and your results) turn around, if you don't mind me asking?
turn around ?Ignored
Sorry, allisonmagic, looks like I got carried away and mixed you up with somebody else (Posted by FXing: "I have been following this thread
and I have to say I have lost a lot of money using this system. It's a pity but it's true, I think relative strenght it's not the way to earn money.")
I personally do not think this guy has been doing his homework correctly. There are specific pairs that need to be studied apart from others. I personally don't care what i trade as long as it's consistent. I've stuck to the Yen as a Counter currency for all my trades. JPY has a certain range it likes to bounce from and to, so i stick to it and it's profitable.Ignored
Sounds like a sensible approach to me. I've just started out at this 'Relative Strength' trading, but I do have some experience at 'basket' trading (mainly using price action, strong support/resistance zones, pivots and 'pin bars' and the 'behavior' of gold to determine the future direction of the euro and the us dollar, after which I opened multiple trades, based on correlation/anti-correlation). Anyway, this 'currency strength' thing is much easier to execute, mostly thanks to the hard work of FerruFX who provided these handy indicators, taking...Ignored
Use the original indicator, don't use the ccfp 2.0. the original ccfp allows you to see the rsi level's for more accurate entry..
my exit is very simple.. when i profit 40 pips.. i trail the entire basket by 10%
also.. the newest ccfp's use MA's instead of RSIIgnored
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