And again.
Attached File(s)
DetailedStatement.zip
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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 can only tell you from my experience that it seems much less likely to reverse when it is 10 +/- either way.......
EddieIgnored
DislikedNot using the script anymore, i have written an EA to just trade using the RS_GROUP_EUR V1.0, RS_GROUP_JPY V1.0 and specific RSI for the EURJPY.
Reason i just sticking to EURJPY is because its has activity virtually 24/5 and trends allot. i am also using a trailing stop.Ignored
Dislikedi dont plan to pursue the SCRIPT/BASKET idea as i am not fully convinced by the original idea. Just because the EUR is strong doesnt always mean that all its basket currencies will net a profit. Often the strength/weakness is somewhat distorted by 1 currency pair being highly out of line with the others.Ignored
DislikedI would based the trades on the ones in the example below as GREEN good, RED no, based on the "10 difference" in the numbers. You may want to code it so that this is an option, letting users set their own levels. I have found from my trades that 10 is "safer" than say 4.
USD - [Strong] 11 <<<< good to trade
EUR - [Strong] 6 <<< NO TRADE
GBP - [WEAK] 5 <<< NO TRADE
CHF - [Strong] 8 <<< NO TRADE
[color=darkgreen]CAD...Ignored
DislikedNo disrespect to KG but this looks like coding right up FerruFx alleyIgnored
DislikedKG,
I have been blown-away by this superb system,tis truely magical for me because I started trading it with my live account and I'm "cool".Eddie,Steve and Hagr you guys made it better.Thanks alot.Ignored
DislikedNot using the script anymore, i have written an EA to just trade using the RS_GROUP_EUR V1.0, RS_GROUP_JPY V1.0 and specific RSI for the EURJPY.
Reason i just sticking to EURJPY is because its has activity virtually 24/5 and trends allot. i am also using a trailing stop.Ignored
DislikedAlso lam also trading using the supports and resistants. I haven't got it all worked out although knowing which of the trades ore gushy to peak when helps. Similar to how the EMA are helping with direction.
More importantly being able to adjust this figure will allow testing of a theory based on coloration between difference and resistants lends (support and resistants levels).
I guess I will be able to make a valid input to this thread soon.Ignored
DislikedHmmm... I don't see any inputs on the individual pairs V.1.1 in the zip, only on the "KG RS GROUP V.1.1".
I looked through the paperclip attachments but couldn't locate any individual pair V 1.1 where the no. of bars can be input.
Maybe someone could post them again or post a link? Thanks
^ Optimist ^Ignored
DislikedRules:
LONG or BUY
- if the difference between the two RS_GROUP_EUR V1.0 numbers is > +10
- if the difference between the two RS_GROUP_JPY V1.0 numbers is < -10
- if the RSI EURJPY PRICE_CLOSE...Ignored