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Trading system using relative strength

  • #581
  • Oct 13, 2008 1:07am Oct 13, 2008 1:07am
Quoting stersuhr
Right now the indicator should be showing a sell on the GBP/AUD right or did I not load it right?

-Sterling

Never mind im dumb lol I figured it out



up to now .. ALL NO TRADE in 4Hchart
Never sell @ lower upward channel unless breacked and vise versa .
  • #582
  • Oct 13, 2008 1:09am Oct 13, 2008 1:09am
Investment $235 .05 lots

Profit $ 78

One hour more to close the candle

Gbp PAIR WAS IN LOSS BUT OTHER CURRENCIES COMPENSATED THE LOSS
AND OVERALL PROFIT

Retun 33 %

I think the maximum High on the basket to the loss side was around $ 50

Not at all bad Asian market stock is coming up India gained +790 points
so wall street could be a postive close
  • #583
  • Oct 13, 2008 1:14am Oct 13, 2008 1:14am
Have you notice ccfpd v.3 the graph is stright line there is no width
in the time frame 4
  • #584
  • Oct 13, 2008 1:22am Oct 13, 2008 1:22am
Quoting brucech
FerruFx,

Could you please put as an extern double BarsLookedAt = 240;
We would have fexiblity that way.

Thanks.

Bruce
Sorry but I don't understand what will be the purpose of your request.

The indicator doesn't look at 20,50, even 240 bars. It looks at the 2 bars before the current bar.

Do you mean look only at H4 bars?

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #585
  • Oct 13, 2008 1:27am Oct 13, 2008 1:27am
Quoting FerruFx
Sorry but I don't understand what will be the purpose of your request.

The indicator doesn't look at 20,50, even 240 bars. It looks at the 2 bars before the current bar.

Do you mean look only at H4 bars?

FerruFx
Right.... Sorry not clear... 4H, Day, Week, 1H, etc...
I meant chart bar... so 240min bar....
  • #586
  • Oct 13, 2008 1:30am Oct 13, 2008 1:30am
Quoting brucech
Right.... Sorry not clear... 4H, Day, Week, 1H, etc...
I meant chart bar... so 240min bar....
If you want look at H4, attach it on H4. No?

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #587
  • Oct 13, 2008 1:41am Oct 13, 2008 1:41am
Quoting FerruFx
If you want look at H4, attach it on H4. No?

FerruFx
Correct. But if wanting to attach it to a Day chart or a 1H chart....
  • #588
  • Oct 13, 2008 1:44am Oct 13, 2008 1:44am
Quoting brucech
Correct. But if wanting to attach it to a Day chart or a 1H chart....
... and see the colored squares results based on the H4 (or whatever will be set). Right?

If so, will plan to take a look soon. I have another improvement to make asap (a pop up alert for the pairs to trade!)

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #589
  • Oct 13, 2008 1:55am Oct 13, 2008 1:55am
Quoting FerruFx
... and see the colored squares results based on the H4 (or whatever will be set). Right?

If so, will plan to take a look soon. I have another improvement to make asap (a pop up alert for the pairs to trade!)

FerruFx
Correct.... color squares results based on whatever it is set to...
Pop up alert! Great!

Bruce
  • #590
  • Oct 13, 2008 2:13am Oct 13, 2008 2:13am
This my entry for first 4.00Gmt candle


EURCAD BUY
AUDCAD BUY
NZDUSD BUY

EURGBP BUY
CHFJPY BUY
EURJPY BUY
EURUSD BUY
AUDUSD BUY
AUDJPY BUY

USDCHF SELL
GBPCHF SELL







the blue pairs i did not take it .. just like that
Never sell @ lower upward channel unless breacked and vise versa .
  • #591
  • Oct 13, 2008 2:16am Oct 13, 2008 2:16am
The RR EA calculated the 10 trades correctly but only placed 2 orders because of "trade context" errors on FXDD. I calculated the trades separately with pipo's spreadsheet and entered the 10 orders separately. Let's see how the lot does
  • #592
  • Oct 13, 2008 2:23am Oct 13, 2008 2:23am
Trades Taken

GBPCHF SELL
EURJPY BUY
EURUSD BUY
AUDUSD BUY
AUDJPY BUY
USDCHF SELL
EURGBP BUY
CHFJPY BUY
EURCAD BUY
AUDCAD BUY


Trades Not Taken

AUDNZD BUY
EURNZD BUY
GBPNZD SELL
  • #593
  • Oct 13, 2008 2:29am Oct 13, 2008 2:29am
Never sell @ lower upward channel unless breacked and vise versa .
  • #594
  • Oct 13, 2008 2:35am Oct 13, 2008 2:35am
Ok let's get some action , here's my FXDD H4 12:00 situation , all positions will be closed at the opening of next 4H candle...
Attached Image
  • #595
  • Oct 13, 2008 2:51am Oct 13, 2008 2:51am
My first trade using RS and I'm down 500 pips in less than 2 hours. Not sure if I should hold on or close some positions?
  • #596
  • Oct 13, 2008 3:15am Oct 13, 2008 3:15am
These are my trades, letīs see.
Attached Image (click to enlarge)
Click to Enlarge Name: 1 de EStrader.jpg Size: 212 KB
  • #597
  • Oct 13, 2008 3:19am Oct 13, 2008 3:19am
Quoting ozziedave
My first trade using RS and I'm down 500 pips in less than 2 hours. Not sure if I should hold on or close some positions?
It is a ranging market now perhaps till tommorrow, all systems that are trend following are not going to work unless yo are extremely lucky. Especially if it is based on MA, including the CCFp. If you are following the Orest Indic, check the figure at the bottom of the indic it is playing around -75 - 0 - 75 only. Very narrow move.
Julius
  • #598
  • Oct 13, 2008 3:43am Oct 13, 2008 3:43am
EU, EJ and GJ all had great trend ups early this morning... good for scalping.

My RS orders currently at -260
  • #599
  • Oct 13, 2008 3:46am Oct 13, 2008 3:46am
Quoting safire25
Hi Ronald Raygun,
Thanks for creating an EA for this system

Have you got any trades yet? I am testing your Relative Strength EA and have left default settings on and its just keeps telling me "outside trading times" but hasnt placed a trade. I have followed your instructions to the letter

I am using IBFX mini account.

Not sure if I am doing somethign wrong?

Thanks in advance
Steve

I got a few dozen trades already. Open and close, all of them in profit, but only for 10 pips each.
  • #600
  • Oct 13, 2008 3:48am Oct 13, 2008 3:48am
Quoting trader101
It is a ranging market now perhaps till tommorrow, all systems that are trend following are not going to work unless yo are extremely lucky. Especially if it is based on MA, including the CCFp.
You're absolutely right and it is why I put a "trade level" to be set in the CCFp-Diff. It would avoid small moves.

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
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