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Trading System Using Relative Strength-Part 2

  • #581
  • Oct 22, 2008 2:32pm Oct 22, 2008 2:32pm
This trade lost on the reversal big time. -500 pips. Paris
Attached Image (click to enlarge)
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  • #582
  • Oct 22, 2008 2:37pm Oct 22, 2008 2:37pm
there was no reply to ES trader EA request? Or i missed it?

another is a new video form you Paris, is it possible? I can help this time
  • #583
  • Oct 22, 2008 2:43pm Oct 22, 2008 2:43pm
It looks like Mitchp and Kang Gun are using
FAST=1 SLOW =2 in the ff 1.04 level 1
with wonderful results

I beleive the default is fast=3 slow =5 with level 1 being true to the original system set by ES

I'm on FXDD with the fast 3 slow 5 level 1 and taking a beating today ff 1.04b

I did no reversels today the market looked trending early but looks like it flipped the indicator didn't signal to flip too.

Any thougths???

you think FOREX is hard try drycleaning
  • #584
  • Oct 22, 2008 2:47pm Oct 22, 2008 2:47pm
Nah he was asking about "One Night In Paris"

Quoting adesalambrar
I think he meant the real Paris H. Musical Video:

http://www.youtube.com/watch?v=inJojpOXWZQ

LOL
  • #585
  • Oct 22, 2008 2:50pm Oct 22, 2008 2:50pm
If the yen took a big hit today
Why is the green bar for the JPN been up all day on the indicator?
have others seen this too or is it just me???
  • #586
  • Oct 22, 2008 2:52pm Oct 22, 2008 2:52pm
Shiva,

Spot on....

Trade update: Everything tanked against the Yen, so I went to 300 pips down. Now back to -200. 2 hours to go til candle close, I'll let them run ....

PQ
  • #587
  • Oct 22, 2008 2:56pm Oct 22, 2008 2:56pm
Damn.. just wake up.. and my 4th Round 4H still open.... i should close it at 00:00 am Indonesian time... but i miss it... So, the trade still open till now. And here is the results now...

KG
Attached Image (click to enlarge)
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  • #588
  • Oct 22, 2008 2:59pm Oct 22, 2008 2:59pm
Quoting FerruFx
Here we go!

Attached the CCFp-Diff_[v1.04-MTF]

1. Exact same calculation

2. Possibility to use up to 4 TFs (and/or)

3. Trade_Level still there

4. No reverse suggested

5. The refreshing check up is based on the smallest TF selected

6. Possibility to set the TF for the Timer and Timer_Alert

7. No histogram table drawn

So basically, the pairs suggested are the one with the same suggestions on all your selected TFs (with the same level).

Wish you a lot of pips.

FerruFx
Another piece of art. I plan to explore the possibilities of this one tomorrow.

THX. John
  • #589
  • Oct 22, 2008 3:02pm Oct 22, 2008 3:02pm
Quoting dryclean
It looks like Mitchp and Kang Gun are using
FAST=1 SLOW =2 in the ff 1.04 level 1
with wonderful results

I beleive the default is fast=3 slow =5 with level 1 being true to the original system set by ES

I'm on FXDD with the fast 3 slow 5 level 1 and taking a beating today ff 1.04b

I did no reversels today the market looked trending early but looks like it flipped the indicator didn't signal to flip too.

Any thougths???

you think FOREX is hard try drycleaning
Yes.. I use Fast: 1 and Slow: 2 in my demo.
I think we all here try to find the best setup and strategy.. So, i'm trying to play with the period to see the results for analysis.

KG
  • #590
  • Oct 22, 2008 3:15pm Oct 22, 2008 3:15pm
Is my indicator setup wrongly or the indicator is like that? Each time it refreshes or you let it be for 30 minutes, it will give you another signal. So which signal to follow. From the opening of the new 4 hr candle, it will keep on giving new signal when MA changes.
Trade2Win
  • #591
  • Oct 22, 2008 3:24pm Oct 22, 2008 3:24pm
nice numbers KG...

Are you reversing your trades?

You using FF 1.04 Level 1?


Quoting Kang_Gun
Damn.. just wake up.. and my 4th Round 4H still open.... i should close it at 00:00 am Indonesian time... but i miss it... So, the trade still open till now. And here is the results now...

KG
  • #592
  • Oct 22, 2008 3:29pm Oct 22, 2008 3:29pm
Quoting geeve
nice numbers KG...

Are you reversing your trades?

You using FF 1.04 Level 1?
No... i'm not reverse it.
Yes, i'm using CCFp_diff [v.1.04] Level 1 with Fast = 1 and Slow = 2.
Just check my report, starting a few pages behind...

KG
  • #593
  • Oct 22, 2008 3:57pm Oct 22, 2008 3:57pm
I close 4th Round 4H 8 minutes before new candle come... with +1.250 pips. Waiting next round...

KG
Attached Image (click to enlarge)
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  • #594
  • Oct 22, 2008 4:14pm Oct 22, 2008 4:14pm
Here are the trade, 8 minutes after new candle formed...

KG
Attached Image (click to enlarge)
Click to Enlarge Name: ccfp_1_2_lwma_14.jpg Size: 219 KB
  • #595
  • Oct 22, 2008 4:34pm Oct 22, 2008 4:34pm
For your perusal per your request, see attachment.
ttyl,lad
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  • #596
  • Oct 22, 2008 4:38pm Oct 22, 2008 4:38pm
Bed time so I've closed all trades 30 mins before the end of the 4H candle.

As you can see, its now 8 pips in profit!

The trade started at -60 due to spread.
Within 30 minutes it had drawdown of -120 pips.
Within 1 hour it was +160 pips in profit.
After 90 minutes approx, all currencies except the Yen tanked, drawdown -300 pips.

After 3 1/2 hours, it moved from -300 pips to positive.

I don't know what this is telling me, but what I do know is the sort of drawdowns, profits and swings a basket trade can make is scaring the hell out of me.

I may experiment by using this as a scalping solution on the 5M looking at the strengths and weaknesses of the pairs over MTF's. And focus on 1 or 2 pairs.

PQ
Attached Image (click to enlarge)
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  • #597
  • Oct 22, 2008 5:05pm Oct 22, 2008 5:05pm
Quoting Pips Queak
I may experiment by using this as a scalping solution on the 5M looking at the strengths and weaknesses of the pairs over MTF's. And focus on 1 or 2 pairs.

PQ
Please.. keep post your experiment result

Thanks

KG
  • #598
  • Oct 22, 2008 5:08pm Oct 22, 2008 5:08pm
Kang,

Could you tell us which broker you are using.

thanks
Mitch
  • #599
  • Oct 22, 2008 5:45pm Oct 22, 2008 5:45pm
i'm sure this has been asked but, how is everyone determining the 'enter 10-15 minutes' part?? i see kang has some :08 :09 trades, not sure how everyone is coming about where they enter. i myself have just been waiting for the next 15m bar to form and thats been ok overall.
  • #600
  • Oct 22, 2008 6:10pm Oct 22, 2008 6:10pm
Quoting trader101
I notice some of you guys are using my AccountProtect EA. I think a lot of you are using the old one. There is a newer version [2] of the EA and you have to option to enter your stop loss and take profit. You can get it here:

http://www.forexfactory.com/showpost...postcount=2086
Thanks
Trader101
Awesome and Thank You!
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