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Trading System Using Relative Strength-Part 2

  • #101
  • Oct 17, 2008 10:17am Oct 17, 2008 10:17am
Quoting bluejet
FerruFx

I have downloaded the CCFp-Diff_ v1.02, recently, and added to experts/custom indicators folder in my MT4 platform in www.fxpro.com(previously north finance.com), but it apppears, if i attach to the charts,
it will not display anything, for me.Nor the data will apppear, but it shows indicators list on the chart. Let me know what is the problem, to rectify the same. Giuide me in this regard.

Is this the latest version, pls help me, give the link/page for downloading
current version for my use. thx in adv.
17th oct 08
You could try a transfer of all indicators you presently don't use (mq4's and ex4's to a different map f.i. to a map called "indicators unused", because when your indicators map in MT4 > MT4/experts/indicators contains more than a specified number of indicators (I don't know how much are allowed in this indicators map) ..... MT4 will make all kind of problems with adding indicators in this map, epecially with ex4 files.

After transferring to map "indicators unused" make sure they are deleted from the indicators map.... After this you should download again the ex4 indicator and restart MT4..... maybe even restart your PC.

Another phenomenon causing all kind of problems is under Windows Vista..... TAKE CARE that here you also do the same with Compatibility Files under

Main User/AppData/Local/VirtualStore/Program Files/MT4/experts/indicators..

Hope this helps for you...... It did the trick for me.

Cheers,John
  • #102
  • Oct 17, 2008 10:22am Oct 17, 2008 10:22am
Quoting John Edwards
FerruFX,

First of all I agree that all your indicators here are a marvelous piece art !!!

However would it be possible to insert a true/false condition regarding the MA conditions..... I mean overrule the MA's completely and simply take the CLOSE values of both candles to obtain the of SELL and BUY advise?

Having this option would provide a more secure Multitimeframe determination for go or no go of a trade........., i.e. purely based on the CLOSE conditions of the two latest bars. Using 3 TF's (H4, H1 adn M30) I'd like to show how this adds up in order to get a better entry validity... of course regarding the trading system we are discussing here.

I understand that in fact you are doing something like this with your latest \"Current Version\".... Taking the previous Close and the current Close ?

THX, John
Thanks John for your kind words.

About your request, yes it is possible. Let me some time.

NO, about the "current" version. This version doesn't use the Close of the bars but the CCFp values (based on MA original strategy). What I've done with this version is just change the bars to look (0-1 instead of 1-2).

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #103
  • Oct 17, 2008 10:24am Oct 17, 2008 10:24am
Quoting BenQ
qz, was that with lining up 4 TFs?
No, just using that semi-martingale and ff's indicator with an equity take profit ea.
  • #104
  • Oct 17, 2008 10:24am Oct 17, 2008 10:24am
Quoting ES Trader
Congrats in opening a new thread. Believe me the concept of CCfp is excellant.I did not have the patience or time to devote and hence had to close the thread.I am very sorry If I had hurt others feelings by doing this.

First I want to congratulate Paris for all the positive pips .SHE IS ABSOLUTELY RIGHT ON TARGET.

YES IT WORKS WHEN YOU REVERSE and it happens on ALL platform.
The reason why it works is simple.Read and Read the the artcle on CCfp at Mq4.
We all have been looking at the data correctly but have been interpreting it WRONG.
When we say the currency is +, that means on CCFP indicator it is ABOVE the 0 line and vice versa.
If you read on CCFP , it says clearly the currencies WILL MOVE TO CENTER. In other words the currency that is above the ZERO line WILL come down and vice versa.
THIS IS THE REASON WHY PARIS TRADES ARE WORKING GOOD>

So Now Ferrufx should create an indicator showing reverse signals or have an option to do so.
Thanks
Kris
I can now understand the large drawdowns always encountered.
  • #105
  • Oct 17, 2008 10:26am Oct 17, 2008 10:26am
Quoting cuddlebum
How will this improve on the original ver 1.03??
The "current" version compare the current CCFp values and the previous CCFp values ... instead of the last 2 previous values.

I coded it just because it was requested by a member here.

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #106
  • Oct 17, 2008 10:26am Oct 17, 2008 10:26am
ok, that's that strat you mentioned a few posts above then. Thanks.

Quoting qz10cq
No, just using that semi-martingale and ff's indicator with an equity take profit ea.
  • #107
  • Oct 17, 2008 10:29am Oct 17, 2008 10:29am
Quoting ES Trader
Congrats in opening a new thread. Believe me the concept of CCfp is excellant.I did not have the patience or time to devote and hence had to close the thread.I am very sorry If I had hurt others feelings by doing this.

First I want to congratulate Paris for all the positive pips .SHE IS ABSOLUTELY RIGHT ON TARGET.

YES IT WORKS WHEN YOU REVERSE and it happens on ALL platform.
The reason why it works is simple.Read and Read the the artcle on CCfp at Mq4.
We all have been looking at the data correctly but have been interpreting it WRONG.
When we say the currency is +, that means on CCFP indicator it is ABOVE the 0 line and vice versa.
If you read on CCFP , it says clearly the currencies WILL MOVE TO CENTER. In other words the currency that is above the ZERO line WILL come down and vice versa.
THIS IS THE REASON WHY PARIS TRADES ARE WORKING GOOD>

So Now Ferrufx should create an indicator showing reverse signals or have an option to do so.
Thanks
Kris

I think it's great when you have a system that wins 90% of the time or loses 90% of the time. Because if you're losing all the time you can just do the opposite and WIN!! The systems that don;t work are ones that win and lose about 50% of the time. You can't do anything with these. But this system so far is close to the holy grail. Thank you! Paris
  • #108
  • Oct 17, 2008 10:31am Oct 17, 2008 10:31am
Quoting bluejet
FerruFx

I have downloaded the CCFp-Diff_ v1.02, recently, and added to experts/custom indicators folder in my MT4 platform in www.fxpro.com(previously north finance.com), but it apppears, if i attach to the charts,
it will not display anything, for me.Nor the data will apppear, but it shows indicators list on the chart. Let me know what is the problem, to rectify the same. Giuide me in this regard.

Is this the latest version, pls help me, give the link/page for downloading
current version for my use. thx in adv.
17th oct 08
The last version is the CCFp-Diff_[v1.03]. Please use this one instead on the previous which have a major refreshing issue.

About your display problem, your platform must have all datas for the pairs used in the indicators. Give it some time to update its database.

FerruFx
Attached File(s)
File Type: ex4 CCFp-Diff_[v1.03].ex4   105 KB | 1,559 downloads
MT4/MT5 EAs/Indicators/Alerts coder
  • #109
  • Oct 17, 2008 10:33am Oct 17, 2008 10:33am
Quoting Paris Hilton
I think it's great when you have a system that wins 90% of the time or loses 90% of the time. Because if you're losing all the time you can just do the opposite and WIN!! The systems that don;t work are ones that win and lose about 50% of the time. You can't do anything with these. But this system so far is close to the holy grail. Thank you! Paris
You are welcome. Cogratulation! This proves that women(if that is what you are as your name suggests) are SMARTER than us men.LOL
Kris
  • #110
  • Oct 17, 2008 10:37am Oct 17, 2008 10:37am
ES, does this mean your changing your method and doing the opposite now?
  • #111
  • Oct 17, 2008 10:43am Oct 17, 2008 10:43am
Quoting BenQ
ES, does this mean your changing your method and doing the opposite now?
I suspect that ES is just kidding since few posts ...

... if that isn't the case, ES accept my apologize.

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #112
  • Oct 17, 2008 10:43am Oct 17, 2008 10:43am
Yes Benq, BUT there are sometimes NOT reversing seem to work as well!!
I am still trying to figure out why?Hence I suggest if Ok with Ferrfx to give an option to reverse the trade on the indicator if one wants to.

Kris
  • #113
  • Oct 17, 2008 10:45am Oct 17, 2008 10:45am
Quoting ES Trader
Congrats in opening a new thread. Believe me the concept of CCfp is excellant.I did not have the patience or time to devote and hence had to close the thread.I am very sorry If I had hurt others feelings by doing this.

First I want to congratulate Paris for all the positive pips .SHE IS ABSOLUTELY RIGHT ON TARGET.

YES IT WORKS WHEN YOU REVERSE and it happens on ALL platform.
The reason why it works is simple.Read and Read the the artcle on CCfp at Mq4.
We all have been looking at the data correctly but have been interpreting it WRONG.
When we say the currency is +, that means on CCFP indicator it is ABOVE the 0 line and vice versa.
If you read on CCFP , it says clearly the currencies WILL MOVE TO CENTER. In other words the currency that is above the ZERO line WILL come down and vice versa.
THIS IS THE REASON WHY PARIS TRADES ARE WORKING GOOD>

So Now Ferrufx should create an indicator showing reverse signals or have an option to do so.
Thanks
Kris

Kris.. We need you HERE ..
you mean for us a LOT ..
keep good doing
Never sell @ lower upward channel unless breacked and vise versa .
  • #114
  • Oct 17, 2008 10:46am Oct 17, 2008 10:46am
Ferrufx.
Since last few days I have been trading Reverse signals, on Fxdd. alpari.and Ibfx. All except two times out of almost 10 trades worked out pretty good.
kris
  • #115
  • Oct 17, 2008 10:51am Oct 17, 2008 10:51am
Well, if we do reverse signals that puts a new spin on the MTF methods. Maybe we can look at the H4 that says sell, and then enter a buy when the M15 says buy. This would mean that the M15 signal is in the direction of H4 returning to its mean.
  • #116
  • Oct 17, 2008 10:55am Oct 17, 2008 10:55am
Quoting BenQ
Well, if we do reverse signals that puts a new spin on the MTF methods. Maybe we can look at the H4 that says sell, and then enter a buy when the M15 says buy. This would mean that the M15 signal is in the direction of H4 returning to its mean.
means take profit and close as soon as possible.
Never sell @ lower upward channel unless breacked and vise versa .
  • #117
  • Oct 17, 2008 10:58am Oct 17, 2008 10:58am
Quoting BenQ
Well, if we do reverse signals that puts a new spin on the MTF methods. Maybe we can look at the H4 that says sell, and then enter a buy when the M15 says buy. This would mean that the M15 signal is in the direction of H4 returning to its mean.
It may be possible except for one problem.Since the reverse signals works DUE to currencies moving to median , we dont know how long it will take.The currency that is + or, in other words ABOVE the mean, may continue to go up for a while before returning to MEAN.

I am working on a solution for that as well and hopefully I will be able to let you all know soon.
Thanks
Kris
a
  • #118
  • Oct 17, 2008 10:58am Oct 17, 2008 10:58am
Quoting BenQ
Well, if we do reverse signals that puts a new spin on the MTF methods. Maybe we can look at the H4 that says sell, and then enter a buy when the M15 says buy. This would mean that the M15 signal is in the direction of H4 returning to its mean.
If it works fine you would not need the M15 confirmation anymore I guess.
I think FerruFX will come up soon with a new indicator that reverses the trades.
ES, I’m happy that you found the explanation why this didn’t work like expected, and congrats for Paris that gave the reason to find out what’s the problem.
Your words:
“When we say the currency is +, that means on CCFP indicator it is ABOVE the 0 line and vice versa.
If you read on CCFP , it says clearly the currencies WILL MOVE TO CENTER. In other words the currency that is above the ZERO line WILL come down and vice versa.”

I was breaking my head since two days why the indicator takes the trades that way; I mentioned that I would not have taken any trades after the first one on the original thread.
I think now things will get fine on the system, we need to find out in the future on witch market condition it works best and when to reverse I guess.
  • #119
  • Oct 17, 2008 11:09am Oct 17, 2008 11:09am
Quoting cobraforex
If it works fine you would not need the M15 confirmation anymore I guess.
I think FerruFX will come up soon with a new indicator that reverses the trades.
ES, I’m happy that you found the explanation why this didn’t work like expected, and congrats for Paris that gave the reason to find out what’s the problem.
Your words:
“When we say the currency is +, that means on CCFP indicator it is ABOVE the 0 line and vice versa.
If you read on CCFP , it says clearly the currencies WILL MOVE TO CENTER. In other words the currency that is above the ZERO line WILL come down and vice versa.”

I was breaking my head since two days why the indicator takes the trades that way; I mentioned that I would not have taken any trades after the first one on the original thread.
I think now things will get fine on the system, we need to find out in the future on witch market condition it works best and when to reverse I guess.
Well ES's idea would explain why reversing trades works.

It also explains why the early trades worked when you didn't reverse them. In strongly trending markets you don't get that equalizing reverse to mean. The trend rockets the price up or down and new levels are often set.

In fact accurate trend detection may become the best filter on whether to take a straight signal or reverse it

Sandy
  • #120
  • Oct 17, 2008 11:21am Oct 17, 2008 11:21am
Quoting nubchai
Well ES's idea would explain why reversing trades works.

It also explains why the early trades worked when you didn't reverse them. In strongly trending markets you don't get that equalizing reverse to mean. The trend rockets the price up or down and new levels are often set.

In fact accurate trend detection may become the best filter on whether to take a straight signal or reverse it

Sandy
I'm using the Prob meter from FerruFX on all currencies and it works well, even at the moment of an trendreversal it lowers the porcentage of the earlier trend and you almost know what will happen.
I don't know if Ferru would like to integrate a part of that comercial indicator in this new one.

BTW: I don't use it as a standalone trading decision, it only confirms what I want to trade.
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