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Trading system using relative strength

  • #521
  • Oct 12, 2008 8:05pm Oct 12, 2008 8:05pm
Quoting Jack2000
Hi ES Trader, Hope this will help. Combining 4H and daily.
Yes, Looks pretty good.
Now I am sorry for asking a dumb question.
How do I make the prices in excel update live. I do have IBFX, FXDD and Alpari platform open
Thanks
Kris
  • #522
  • Oct 12, 2008 8:09pm Oct 12, 2008 8:09pm
Quoting azjeff
so are your questions in every thread.
Thank you
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #523
  • Oct 12, 2008 8:25pm Oct 12, 2008 8:25pm
Your welcome. Gosh I love that ignore option on FF. Now I know why they created it

Quoting matrixebiz
Thank you
  • #524
  • Oct 12, 2008 8:26pm Oct 12, 2008 8:26pm
Quoting ES Trader
Yes, Looks pretty good.
Now I am sorry for asking a dumb question.
How do I make the prices in excel update live. I do have IBFX, FXDD and Alpari platform open
Thanks
Kris
I do know there is a way to make the spreadsheet update , all I know is the DDE server on MT4 has to be enabled but don't know what else is required .
  • #525
  • Oct 12, 2008 8:29pm Oct 12, 2008 8:29pm
This could be because it's Sunday. Taken about 10 minutes after i entered the trades. Not too good at all.
Attached Image (click to enlarge)
Click to Enlarge Name: chart photo.gif Size: 76 KB
  • #526
  • Oct 12, 2008 8:46pm Oct 12, 2008 8:46pm
Quoting Paris Hilton
This could be because it's Sunday. Taken about 10 minutes after i entered the trades. Not too good at all.
I am not sure why you decided to trade.
DO you have TWO 4hr closed bar dated 10/13/08.That is what my system says you need to do!!

Infact I am planning to put trades only tomorrow morning since it is almost bed time here.

thanks
kris
  • #527
  • Oct 12, 2008 9:06pm Oct 12, 2008 9:06pm
The trade of 00.00 still not finished, is in negative for the moment (-315€). Here's the trade from 04:00 GMT +2.
Attached Image (click to enlarge)
Click to Enlarge Name: 13-10-08_04,00.jpg Size: 289 KB
  • #528
  • Oct 12, 2008 9:08pm Oct 12, 2008 9:08pm
Quoting ES Trader
Yes, Looks pretty good.
Now I am sorry for asking a dumb question.
How do I make the prices in excel update live. I do have IBFX, FXDD and Alpari platform open
Thanks
Kris
To update it live you require a script or EA to write CCFp data to a cvs file and then you call it into exel with a macro. You can to live qoutes through dde but I don't think there is a way for historical data to go stright into the exel
If one of the coders can write a script or EA to write the CCFp info a cvs. I do have a script to write the date,time OCHL maybe some coder can adapt it to write CCFp data. But then again I don't know if it is worth the effort you still have to execute a script and then the macro in the exel. Do copy and paste the data of 2 H2 bars and 2 D1 bars does not take much longer.
  • #529
  • Oct 12, 2008 9:13pm Oct 12, 2008 9:13pm
Quoting ES Trader
I am not sure why you decided to trade.
DO you have TWO 4hr closed bar dated 10/13/08.That is what my system says you need to do!!

Infact I am planning to put trades only tomorrow morning since it is almost bed time here.

thanks
kris
O.k. ES sorry about that. I'll put in another trade tomorrow morning. I'm on California time so that'll be 6:00am in the morning for me. Thanks, Paris
  • #530
  • Oct 12, 2008 10:29pm Oct 12, 2008 10:29pm
Hi ES

This trading system is just great... Simple,Clear and straight forward... You are a very nice guy and wish you best of luck in your life...

However, the major trend at FF is to get simple things complex LOL ... Why do you guys like simplicity... I think a good upgrade to this board would be a thread filter by usernames There are a lot of usernames I would filter out from this thread to make it more clear ... Some people are just too lazy to read from the beginning... Lots of stupid questions...

I am quoting one of ES post which have a deep meaning for everyone who got mind and intellect... I like this post very much...

Quoting ES Trader
Hi 101,
You can "steal my thunder" anytime. I am a very simple person, just intetested in helping everyone that I come across. I feel good when I know I can make some difference in some ones life. After all the money can buy happiness only when it is shared with others. We all come into this world with nothing and leave with nothing.

I am looking forward for your EA.

thanks
Kris
If you are looking for a forex book, ask me!
  • #531
  • Oct 12, 2008 10:31pm Oct 12, 2008 10:31pm
Here's attached an indicator I just finished. It calculates the difference between the 2 previous bars for each currency based on the exact same CCFp calculation.

The results is displayed with colored squares from 1 to 10.

You can select the pairs you want to trade and it will tell you BUY, SELL or NO TRADE.

A "trade level" from 1 to 10 will filter the difference you want to be reached before trade allowed.

Note: this isn't an EA ... just an indicator.

Hope that helps to visualize this setup.

FerruFx
Attached Image (click to enlarge)
Click to Enlarge Name: CCFp-Diff.gif Size: 20 KB
Attached File(s)
File Type: ex4 CCFp-Diff.ex4   93 KB | 4,028 downloads
MT4/MT5 EAs/Indicators/Alerts coder
  • #532
  • Oct 12, 2008 10:34pm Oct 12, 2008 10:34pm
Quoting ES Trader
I like ccfp v1.0.2b.
I just wanted to know if it is possible to have this indicator to show the Relative strength of a currency on a daily frame as well.(MTF -but just daily and 4hr).
I do not want any lower time frame since it does not work well in anything lower than 4hr,
Thanks
Kris

wow!!
i was tinking for this idea ( but in lower frame )

good to read this ,
Never sell @ lower upward channel unless breacked and vise versa .
  • #533
  • Oct 12, 2008 10:44pm Oct 12, 2008 10:44pm
I hope this CORRECTED contribution helps everyone. Sorry for the confusion before.

These 2 SCRIPTS (put them in your SCRIPTS directory) will allow you to MANUALLY open and close orders based on the StrengtheningBase and WeakeningBase lines that you find using the CCFp indicator.

These scripts are tied together with a unique MagicNumber, and should not interfere with other EAs or manual trades.

The Pairs property gives you the ability to match your brokers offerings. You must edit the Pairs property to match your broker, including any trailing characters such as 'm' on IBFXmini.

Pairs, StrengtheningBase and WeakeningBase are case sensitive, are comma seperated, and MUST NOT contain any spaces.

The only pairs that will be traded will have a strong and weak pair. It will be traded as BUY or SELL depending on the position of the strong base (primary strong base=buy secondary strong base=sell)

The CLOSE script will close ALL of the orders opened by the other script.

Both scripts use a reliable method to open and close trades, and post information of every step in the Experts tab of MT4.

Both scripts are ECN compatible, as the StopLoss and TakeProfit are set after the order is entered.

Please demo trade this, as there may be bugs.

Ron(ForexMT4)
Attached File(s)
File Type: mq4 _CCFp_orders Ron v1.0c.mq4   13 KB | 1,364 downloads
File Type: mq4 _CCFp_CLOSE orders Ron v1.0c.mq4   3 KB | 1,288 downloads
  • #534
  • Oct 12, 2008 11:05pm Oct 12, 2008 11:05pm
Quoting FerruFx
Here's attached an indicator I just finished............
FerruFx, thanks mate I was hopeing you would do something for us but that tops my expectation. If anyone in here doesn't know of FerruFX great indicators or contribution to the Forex Community just Google him you will find it.



Thanks again
  • #535
  • Oct 12, 2008 11:08pm Oct 12, 2008 11:08pm
Thanks FerruFX. Great job!
  • #536
  • Oct 12, 2008 11:10pm Oct 12, 2008 11:10pm
Quoting ronzzer
I hope this CORRECTED contribution helps everyone. Sorry for the confusion before.

These 2 SCRIPTS (put them in your SCRIPTS directory) will allow you to MANUALLY open and close orders based on the StrengtheningBase and WeakeningBase lines that you find using the CCFp indicator.

These scripts are tied together with a unique MagicNumber, and should not interfere with other EAs or manual trades.

The Pairs property gives you the ability to match your brokers offerings. You must edit the Pairs property to match your broker, including any trailing characters such as 'm' on IBFXmini.

Pairs, StrengtheningBase and WeakeningBase are case sensitive, are comma seperated, and MUST NOT contain any spaces.

The only pairs that will be traded will have a strong and weak pair. It will be traded as BUY or SELL depending on the position of the strong base (primary strong base=buy secondary strong base=sell)

The CLOSE script will close ALL of the orders opened by the other script.

Both scripts use a reliable method to open and close trades, and post information of every step in the Experts tab of MT4.

Both scripts are ECN compatible, as the StopLoss and TakeProfit are set after the order is entered.

Please demo trade this, as there may be bugs.

Ron(ForexMT4)
Great scripts but it only did some Buys
The signals are
EUR,AUD,CAD + and the others -. There should have been some Sells.USDCAD, GBPAUD and GBPCAD that didn't show up. Missed some Buys also, AUDNZD, AUDCHF and EURNZD
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #537
  • Edited 11:36pm Oct 12, 2008 11:11pm | Edited 11:36pm
Quoting FerruFx
Here's attached an indicator I just finished. It calculates the difference between the 2 previous bars for each currency based on the exact same CCFp calculation.

The results is displayed with colored squares from 1 to 10.

You can select the pairs you want to trade and it will tell you BUY, SELL or NO TRADE.

A "trade level" from 1 to 10 will filter the difference you want to be reached before trade allowed.

Note: this isn't an EA ... just an indicator.

Hope that helps to visualize this setup.

FerruFx
Do u need to attach orignial CCFP indi as well...
My chart doesn't load as u shave shown...

Thx

Sonic


EDIT:: working now..I attached CCFP original indi as well...
Attached Image (click to enlarge)
Click to Enlarge Name: ccfpdiff.PNG Size: 64 KB
  • #538
  • Oct 12, 2008 11:11pm Oct 12, 2008 11:11pm
Quoting FerruFx
Here's attached an indicator I just finished. It calculates the difference between the 2 previous bars for each currency based on the exact same CCFp calculation.

The results is displayed with colored squares from 1 to 10.

You can select the pairs you want to trade and it will tell you BUY, SELL or NO TRADE.

A "trade level" from 1 to 10 will filter the difference you want to be reached before trade allowed.

Note: this isn't an EA ... just an indicator.

Hope that helps to visualize this setup.

FerruFx
FerruFX,

Thanks for the useful indi. I got a question.....

The "trade level" from 1 to 10.... what's it based on?

Tks/Rgds
Vincent
  • #539
  • Oct 12, 2008 11:53pm Oct 12, 2008 11:53pm
Thanks FerruFx for the indicator,

Correct me if i'm wrong, based on the general rules of this method, EUR/USD should Buy now, right ?
Then i try manually to Buy.
Although CCfP-Diff still show No-Trade in EUR/USD.

I wonder if CCfP-Diff will change according to price movement, we'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: buy!.gif Size: 27 KB
  • #540
  • Oct 12, 2008 11:58pm Oct 12, 2008 11:58pm
Quoting ES Trader
I am not sure why you decided to trade.
DO you have TWO 4hr closed bar dated 10/13/08.That is what my system says you need to do!!

Infact I am planning to put trades only tomorrow morning since it is almost bed time here.

thanks
kris
It s not the same market as usual, it s holiday time for JPY and US,Cad !
So the result can t be a good test for all strategies !

Luk
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