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Trading System Using Relative Strength-Part 2

  • #321
  • Oct 20, 2008 7:58am Oct 20, 2008 7:58am
Quoting ozziedave
Hi Ferrufx,

I was looking at my 60 minute EURUSD chart and noticed that the CCFp-Diff [v1.04] had the EUR selling, \"0\" trade level, using MA's. The CCFp-Diff [v1.04_current] isn't showing a sell. It appears that the \"0\" candle's price is below the \"1\" candle's close price. Not sure why we are not getting agreement between indicators.
The Current and the Standard version doesn't show the same result on the Histograms. So the suggestions can't be the same.

The current can't show a sell as both EUR and USD are green.

Please remember that not only the pair you're looking at is involved in the calculation. EACH currency (not pair) need 7 pairs to determine its strength.

FerruFx

PS: it would be great if everybody read all the posts. All this was explained many times already. Ozziedave, please don't take it personaly!
MT4/MT5 EAs/Indicators/Alerts coder
  • #322
  • Oct 20, 2008 8:16am Oct 20, 2008 8:16am
CFPV1.04 current Bar Value True has provided me a good insight of overbought and over sold situation

I did a reversal of contract on GMT 16 candle

Looks promising

I am using level 11 in the new version
  • #323
  • Oct 20, 2008 8:34am Oct 20, 2008 8:34am
Did 2 more trades.Both in postive.The trades I mentioned in my previous post also turned positive this AM.

So far the hit rate towards Profit is 100%.

I want to continue watching the setup for whole week and then Go Live.
I feel that trading recommendation as generated by by v1.04 indicator seems to be pretty good.Thanks to Ferrufx.

Guys/gals,
This system is almost close to Holy Grail. Just follow signals and trade.Dont make too many changes.
Thanks
Kris
  • #324
  • Oct 20, 2008 8:37am Oct 20, 2008 8:37am
I reversed the 8:00 trades as well. currently negative but will hold and wait.

Sandy
  • #325
  • Oct 20, 2008 8:39am Oct 20, 2008 8:39am
Quoting ES Trader
Did 2 more trades.Both in postive.The trades I mentioned in my previous post also turned positive this AM.

So far the hit rate towards Profit is 100%.

I want to continue watching the setup for whole week and then Go Live.
I feel that trading recommendation as generated by by v1.04 indicator seems to be pretty good.Thanks to Ferrufx.

Guys/gals,
This system is almost close to Holy Grail. Just follow signals and trade.Dont make too many changes.
Thanks
Kris
Kris are you trading the 1,04 signals as given? Or are you reversing them?

Thanks.
Sandy
  • #326
  • Oct 20, 2008 8:43am Oct 20, 2008 8:43am
Sandy,
I am reversing the one that says"Pairs to be reversed" and the rest same as the signal.
thanks
Kris
  • #327
  • Oct 20, 2008 8:47am Oct 20, 2008 8:47am
Please could you attached the latest v of the CCFp-Diff that Kris
is useing and plz i knwo it's an annoying request how i can use it

a chart will help a lot


Thanx to you all
  • #328
  • Oct 20, 2008 8:53am Oct 20, 2008 8:53am
ES are you using the bar or ma type?
Trade2Win
  • #329
  • Oct 20, 2008 8:58am Oct 20, 2008 8:58am
At the Best:
Please read the thread.
  • #330
  • Oct 20, 2008 8:59am Oct 20, 2008 8:59am
Quoting ES Trader
At the Best:
Please read the thread.
Great advice !!!

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #331
  • Oct 20, 2008 9:00am Oct 20, 2008 9:00am
Supersub.
Try both and see what works for YOU.
Kris
  • #332
  • Oct 20, 2008 9:03am Oct 20, 2008 9:03am
ok, thanks.
Trade2Win
  • #333
  • Oct 20, 2008 9:23am Oct 20, 2008 9:23am
cjd, so you're doing it like the attached -- just waiting for all agreed? I tried that last week a bit, but sometimes it's hard to quickly see which ones are in agreement.

One MTF indi would be nice.

Quoting cjd
MTF 15,30,1H,4H WHEN ALL IN AGREEMENT. Current 4 hour candle. (4:00gmt)(GBP/CHF,GBP/JPY,AUD/JPY,andAUD/CHF......all buys....up 200 pips....works great...keep it simple!
Attached Image (click to enlarge)
Click to Enlarge Name: ferru4tf.gif Size: 30 KB
  • #334
  • Oct 20, 2008 9:36am Oct 20, 2008 9:36am
Quoting ES Trader
Did 2 more trades.Both in postive.The trades I mentioned in my previous post also turned positive this AM.

So far the hit rate towards Profit is 100%.

I want to continue watching the setup for whole week and then Go Live.
I feel that trading recommendation as generated by by v1.04 indicator seems to be pretty good.Thanks to Ferrufx.

Guys/gals,
This system is almost close to Holy Grail. Just follow signals and trade.Dont make too many changes.
Thanks
Kris
ES Trader, what level did you use? Thank you
  • #335
  • Oct 20, 2008 9:42am Oct 20, 2008 9:42am
Quoting ES Trader
Sandy,
I am reversing the one that says\"Pairs to be reversed\" and the rest same as the signal.
thanks
Kris

thanks Kris.

Sandy
  • #336
  • Oct 20, 2008 9:42am Oct 20, 2008 9:42am
When a tread is closed out. It seams that any of the attachments are gone and can't be downloaded

Is this true??

I stared following "part1" last Friday and saw it went to a part 2. Some of the things in part 1 I still wanted.
I wanted to get started on this system today but lost my train of thought. This is a very very good system and thanks to ES for it but I started to do it on my home computer and now I'm at work and wanted to update it but it seams I can't So all I want to know is it true that I can't get at part 1 files or is it something else

Thanks
  • #337
  • Oct 20, 2008 9:46am Oct 20, 2008 9:46am
Does any one here know about a script or EA that will send an order in stealth mode. In otherwords the broker will not know there is an order waiting.Thanks.
kris
  • #338
  • Oct 20, 2008 9:48am Oct 20, 2008 9:48am
Quoting BenQ
cjd, so you're doing it like the attached -- just waiting for all agreed? I tried that last week a bit, but sometimes it's hard to quickly see which ones are in agreement.

One MTF indi would be nice.

CJ in your screen shot I couldn't see Audchf in any of the time frames. And AJ was a buy in one and a sell in another TF. So I'm confused. Sounds like a good strategy but maybe you had wrong screen shot?

Thanks
Sandy
  • #339
  • Oct 20, 2008 10:02am Oct 20, 2008 10:02am
Nubchai,

It was my screenshot, not CJ's. I turned AUDCHF off because my broker doesn't have it. And he was talking about earlier trades in which case AJ was a buy, but it's not now.

I showed the screenshot just to ask him if that's how he has it set up.

Quoting nubchai
CJ in your screen shot I couldn't see Audchf in any of the time frames. And AJ was a buy in one and a sell in another TF. So I'm confused. Sounds like a good strategy but maybe you had wrong screen shot?

Thanks
Sandy
  • #340
  • Oct 20, 2008 10:05am Oct 20, 2008 10:05am
Quoting BenQ
Nubchai,

It was my screenshot, not CJ's. I turned AUDCHF off because my broker doesn't have it. And he was talking about earlier trades in which case AJ was a buy, but it's not now.

I showed the screenshot just to ask him if that's how he has it set up.

Ohhhh! Thanks Ben. Sorry CJ. I misread the message, My bad.

Sandy
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