Just remember, if you are using me management ea then it needs some way to recognise trades that it has to manage - hence the magic number in my scripts. You had best make this clear when you post your adaptations.
![](https://resources.faireconomy.media/images/emojis/64/1f601.png?v=15.1)
Basket Knights - A Basket Trading Round Table 1,311 replies
BASKET TRADE Management: Using multiple trade management EA's on basket trades 9 replies
Trading System Using Relative Strength-Part 2 1,499 replies
Trading system using relative strength 2,810 replies
My version of a relative strength basket 2 replies
DislikedI think the strong/weak needs to have some more information shown as going on these signals alone isn't enough.
For instance the chart below shows a SELL on a weak signal - and it's going bad.
All my other trades in the last hour have been BUY regardless of strong or weak and all closed in profit.Ignored
DislikedKG, am I right to think the level progression can be used for adding positions in the trend's direction?Ignored
DislikedWhat about Levels 0,25,50,75,100 are thay make sence here or just we have to look on @ words ( weak,strong) and crosess ??Ignored
DislikedFeel free to do so Lubo. When I post scripts I am making them freely available to anyone wanting to adapt them.
Just remember, if you are using me management ea then it needs some way to recognise trades that it has to manage - hence the magic number in my scripts. You had best make this clear when you post your adaptations.
Ignored
DislikedHi,
do you think if we would add additional indicators that confirms the rs signals on one special currencypair (like in the attached picture for GPB/JPY) we would obtain valid signals for other JPY pais too?
Another idea is: When you would code the rs for all the other X/JPY currencies and we can overlay them on a chart we would buy/sell if both rs indicators for one currencypair gives crosssignals.
Hope you understand what i mean.Ignored
DislikedNot traded yet, KG. I played about 20 hours over the weekend, accompanying kids at a UK music festival. Playing music I don't know very well, if at all, with kids who might go wrong at any second and require me to cover for them, is high-octane stuff.I am exhausted and might sit on the sidelines today.
I have only just got up; maybe later, after a couple of coffees.
Ignored
DislikedWeek + Red > white = buy all
Strong + White > Red = Sell all
in your chart you have to Buy instead of sell !!Ignored
DislikedOh Ok so you mean create a mass loss like this:
>>> What we need is another indicator showing trend that could indicate on a scale of say 1-5 the movement with 1 being slow/very weak and 5 being fast/very strong..... so you would get:
weak 1 = weak but not a great signal
strong 5 = bet you shirt
Any way of doing this?Ignored
DislikedThe indicator will show us all currency strength. We could use this indicator to analyze the strength of each currency. And we could see here which currency is the strongest and weakest. It's just work on TF H1.
We could use it for individual pair trading too, if you wanna use this for individual pair just wait till both currency crossing each other.
In this thread i just use it to monitor the basket, it's help me to make a decission that i took using RS_GROUP_JPY V1.0.
Hope it's help,
KGIgnored
DislikedThe indicator will show us all currency strength. We could use this indicator to analyze the strength of each currency. And we could see here which currency is the strongest and weakest. It's just work on TF H1.
We could use it for individual pair trading too, if you wanna use this for individual pair just wait till both currency crossing each other.
In this thread i just use it to monitor the basket, it's help me to make a decission that i took using RS_GROUP_JPY V1.0.
Hope it's help,
KGIgnored