Trading system using relative strength | Page 43 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading System Using Relative Strength-Part 2 1,499 replies

Updated CCFp and CFP indis for relative strength trading 55 replies

Relative Strength Basket Trading System 3,479 replies

Dyekid217 Trading relative strength and CICR 0 replies

VT Moving Averages of Relative Strength Index Alert Wanted 1 reply

Attachments: Trading system using relative strength
Exit Attachments

Trading system using relative strength

  • #841
  • Oct 14, 2008 3:05am Oct 14, 2008 3:05am
Quoting forenxe
From yesterday 12:00 Alpari Uk, more than 2500 pips!!!!

http://www.forexfactory.com/attachme...1&d=1223964488
Do u open all the pairs manually?? or using any indi or EA??

THx
Sonic
  • #842
  • Oct 14, 2008 3:08am Oct 14, 2008 3:08am
Quoting jeff jordan

Hi Kris

Could u pls explain to me what CCFp indicator stands for? How do u pull it out? I looked every where for that couldn't find it!!!

Appreciate ur cooperation.

Jeff, if you go to the top of the page, in the right hand corner you will see a little paper clip with 149 on it. Click on that and you will find all the indicators and ea's for this thread.

Dan
  • #843
  • Oct 14, 2008 3:08am Oct 14, 2008 3:08am
Quoting jeff jordan

Hi Kris
Could u pls explain to me what CCFp indicator stands for? How do u pull it out? I looked every where for that couldn't find it!!!
Appreciate ur cooperation.

Kris, let me help to answer...

jeff,

There was a post some pages back giving the link about CCFp indicator. Don't be lazy to read the whole thread. It is for your own understanding about this wonderful strategy.
  • #844
  • Oct 14, 2008 3:13am Oct 14, 2008 3:13am
Quoting ozziedave
Some of these posts are confusing. Right now as I write this post it's Tuesday 14 Oct at 7:34 GMT. So I am not sure how you could trade the 8:00 GMT 4hr candle. You may have traded an 8:00 candle but it was not GMT?
hi!
i'm also following this thread very closly and my understanding is that we trade the 4H GMT candles only - therefore, following trades have been taken now on IBFX platform with CCFp 1.0.2.:

long eur/usd
long gbp/usd
long aus/usd
long eur/jpy
long eur/chf
long gbp/jpy
long gbp/chf
long nzd/usd

no?

s/l and t/p at 100 pips

cheers,
555
  • #845
  • Oct 14, 2008 3:26am Oct 14, 2008 3:26am
....
Attached Image (click to enlarge)
Click to Enlarge Name: tr.JPG Size: 292 KB
  • #846
  • Oct 14, 2008 3:31am Oct 14, 2008 3:31am
Quoting BenQ
Skyline, how are you determining when to exit the basket?
(By the way. I still use that febhelper EA you did a while back. Nice work as usual.)
Hi Benq, I close everything when a new 4H candle start.
I'm glad that you are enjoying that tiny FebHelper EA
  • #847
  • Oct 14, 2008 3:45am Oct 14, 2008 3:45am
Ok let's start a new pipping day (let's hope )

All buys for me on IBFX at 8 AM candle, will close everything at 12 am and start again.
Attached Image
  • #848
  • Oct 14, 2008 3:48am Oct 14, 2008 3:48am
Hello Trader,

to use 2Protectaccount EA from T101 seems to be not the ideal solution for Relative Strengths. My 8:00- trade was closed by EA. And now he is going north.

Greetings
  • #849
  • Oct 14, 2008 3:50am Oct 14, 2008 3:50am

Thanks Dan, thanks Gouldcours.
I came across this forum three days ago. Since then I read all about Kris's system, and I liked the idea very much. I tried to find the ccfp indicator, and also from the linked provided but without any success. The internet connection is very poor or very restricted. Anyway, Gouldcourse, I've been trading (for real money) for fairly some time now using all types of indicators, fundamentals, expert analysis etc. I made some profit but many losses!!!, although, I have a very disciplined method in terms of SL and TP, trading hours etc. The bottom line dears, I am really disparate to find some more reliable method to make more profits than losses.

  • #850
  • Oct 14, 2008 4:09am Oct 14, 2008 4:09am
I magine .. its in positive now while i am posting after minits of trade .. 144 WOWOWOWOWOWO
Attached Image (click to enlarge)
Click to Enlarge Name: 06.jpg Size: 95 KB
Never sell @ lower upward channel unless breacked and vise versa .
  • #851
  • Oct 14, 2008 4:09am Oct 14, 2008 4:09am
Quoting jeff jordan

Thanks Dan, thanks Gouldcours.
I came across this forum three days ago. Since then I read all about Kris's system, and I liked the idea very much. I tried to find the ccfp indicator, and also from the linked provided but without any success. The internet connection is very poor or very restricted. Anyway, Gouldcourse, I've been trading (for real money) for fairly some time now using all types of indicators, fundamentals, expert analysis etc. I made some profit but many losses!!!, although, I have a very disciplined method in terms of SL and TP, trading hours etc. The bottom line dears, I am really disparate to find some more reliable method to make more profits than losses.

jeff,

I am also with you finding the more reliable method/strategy to compress the losses to the minimum.

Hope we find it right here in this thread ! LOL
  • #852
  • Oct 14, 2008 4:10am Oct 14, 2008 4:10am
That was pleasant.

In the time it took me to add a few extra charts, load up my management ea and set to close the position at 1% of balance profit, the attached took place.

A few seconds later, the target was hit and the position closed - took about half an hour altogether.

I used FerruFx's indi with Trade_Level set to 1 to generate the trades.

Attached Image (click to enlarge)
Click to Enlarge Name: basket.gif Size: 75 KB
  • #853
  • Oct 14, 2008 4:12am Oct 14, 2008 4:12am
Quoting WedWed
I magine .. its in positive now while i am posting after minits of trade .. 144 WOWOWOWOWOWO


UNPLIVABLE

See 150+ after less than 10 min
Attached Image (click to enlarge)
Click to Enlarge Name: 66.jpg Size: 95 KB
Never sell @ lower upward channel unless breacked and vise versa .
  • #854
  • Oct 14, 2008 4:15am Oct 14, 2008 4:15am
Quoting WedWed
UNPLIVABLE

See 150+ after less than 10 min

Just see how its fast go to profit +250 less than 10 min
Attached Image
Never sell @ lower upward channel unless breacked and vise versa .
  • #855
  • Oct 14, 2008 4:40am Oct 14, 2008 4:40am
FerruFX you said to set the indicator to 0 or 1, but is the default 5 not a safer trade?
  • #856
  • Oct 14, 2008 4:41am Oct 14, 2008 4:41am
Quoting TradeForexFx
Hi Ronald

Thanks for the EA. I have tried it on FXDD. The number of trades that was taken was only two, whereas I was expecting 7 trades. When I observed the journal tab, I saw quite a few "TradeDispatcher: trade Context is busy".

I wonder if this problem is associated with FXDD or speed of my computer (Pentium 4 2ghz) or something else. Also wondering if there is a coding solution to this issue?


Thanks once again.

TF

I get trade context busy errors a lot with FXDD. So when you run this EA what I do is check it and when I see the open orders, almost always 2, I check the journal tab and manually trade the trades. Not exactly automated and I dont know why it happens so frequently lately. I'm not running any othere trade-placing EAs on FXDD right now so I don't know if it's common across all EAs.

Also I put the EA on an IBFX account and it didn't open any trades at all. So I don't know what the deal there is.

I did make some more pips on the 8:00 candle last night with FXDD. Not a lot but positive pips!
  • #857
  • Oct 14, 2008 4:53am Oct 14, 2008 4:53am
guys who are due to trade on the nxt 4hr bar (6-7mins time), please post the trades here so that I can have a look - no access to MT4 at the moment.

appreciate it!
  • #858
  • Oct 14, 2008 4:57am Oct 14, 2008 4:57am
Quoting intelmaster
guys who are due to trade on the nxt 4hr bar (6-7mins time), please post the trades here so that I can have a look - no access to MT4 at the moment.

appreciate it!
here it is
Attached Image (click to enlarge)
Click to Enlarge Name: 777.jpg Size: 85 KB
Never sell @ lower upward channel unless breacked and vise versa .
  • #859
  • Oct 14, 2008 5:05am Oct 14, 2008 5:05am
Quoting sonicdeejay
Do u open all the pairs manually?? or using any indi or EA??

THx
Sonic
Totally manually

And another thing guys, we should to check the brokers and avoid a lot of posts of people saying: my broker, bla, bla bla.......

For example: what about FXDD? Ok?
Alpari OK?
Another....?
Another....?

Whwn we finish this check ESTrader could posted them in first post and avoid all these unuseful posts. What do you think?
  • #860
  • Oct 14, 2008 5:08am Oct 14, 2008 5:08am
+500 pips hit in less than 2hr
Attached Image
1 trader viewing now