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Trading System Using Relative Strength-Part 2

  • #1,241
  • Nov 4, 2008 11:26pm Nov 4, 2008 11:26pm
Quoting ES Trader
I dont seem to have any problem. Any how here is the indicator, Try downloading this:
Kind of strange but just today I started having this exact problem and I am using the same version you attached in your post. This indicator has been on my charts for a couple of weeks now never missed a beat ....until now.
strange...
  • #1,242
  • Nov 5, 2008 4:11am Nov 5, 2008 4:11am
Quoting LuboLabo
u have to change the indicator_ID.........and they work properly

Lubo

Thanks Lubo
  • #1,243
  • Nov 5, 2008 4:51am Nov 5, 2008 4:51am
Time Frame 240

MA Based

closed for 282 pip
Attached Image (click to enlarge)
Click to Enlarge Name: euro us.gif Size: 38 KB
  • #1,244
  • Nov 5, 2008 6:26am Nov 5, 2008 6:26am
Quoting harigp
Time Frame 240

MA Based

closed for 282 pip
which indicator did you use? can you show the data? did you make changes in the indicator?
  • #1,245
  • Nov 5, 2008 11:19am Nov 5, 2008 11:19am
Hi Kris,

thanks for your quick answer. Are you also just trading around 4 hour bar's close?
EDIT: Just now I read your question regarding BarCloseTime so I figured it's exactly what you do...

best regards,

Daniel.


Quoting ES Trader
Ok, Here I GO.
This is what I am looking to try FOR NEXT 1 WEEK


1 Chart with 4 hr bar
2. CCfp_v1.0.2b indicator.
3 Make a pair combining two POSITIVE (+) currencies
AND VICE VERSA.
USE YOUR OWN DISCRETION FOR S/L AND TP
thanks
kris
eg of chart:
  • #1,246
  • Nov 5, 2008 12:01pm Nov 5, 2008 12:01pm
My second trade
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf.gif Size: 34 KB
  • #1,247
  • Nov 5, 2008 12:21pm Nov 5, 2008 12:21pm
Quoting harigp
My second trade
My Friend Thanx to post your result ..
I suggest you to open position with 0.1 lot which mean each pip = 1 $
so it will be easy to see each 1$ = 1 Pip
Never sell @ lower upward channel unless breacked and vise versa .
  • #1,248
  • Nov 5, 2008 12:48pm Nov 5, 2008 12:48pm
Did you enter these trades on different numbers? The current pair values +/- would only support two of the four trades, correct? The NZDUSD and AUDUSD.

Quoting harigp
My second trade
  • #1,249
  • Nov 5, 2008 1:30pm Nov 5, 2008 1:30pm
My Last trade on Time Frame 4 hours to take one eg

Eur/us$

MA Running Two closed Bar
Value Bar/Closed Bar

US$ -252 -11 -36

Eur -86 33 41


As per the new concept of RS Long EU/US Eventhough MA Value is both -
EU is much stronger EU -86 US -252
  • #1,250
  • Nov 5, 2008 6:33pm Nov 5, 2008 6:33pm
Ok, well here are my last two EA's for this system. Not too much feedback on the others so I'll assume they are working ok
A few new features added;
close_all_at_profit$
close_all_at_loss$
Plus I attached an EA that ES Trader wanted (CCFpdv3 SD EA) that trades the pairs with the currencies that both match. e.g. EUR + and JPY + = Buy EUR/JPY. Please put the indicator here in your Experts/Indicators folder.

Please test and let me know how you make out. EA's will not place more trades if trades already exist, so try and close trades before the new bar if you want.
Thank you
Attached File(s)
File Type: ex4 CCFpdv3 EA.ex4   63 KB | 1,241 downloads
File Type: ex4 CCFpdv3 SD EA.ex4   63 KB | 1,151 downloads
File Type: ex4 CCFpdv3.ex4   38 KB | 1,347 downloads
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,251
  • Nov 5, 2008 7:31pm Nov 5, 2008 7:31pm
Hi Matrixebiz,
When I apply EA to my charts I get this error in the experts tab.

Tried on H4, H1 and 30m TF, loaded the indicator correctly, cleared global variables, restarted a few times etc but wont trade
Attached Image (click to enlarge)
Click to Enlarge Name: graph.gif Size: 60 KB
  • #1,252
  • Nov 5, 2008 7:31pm Nov 5, 2008 7:31pm
Thanks mate for your work.

I see you around in qqe thread.

Did you made any combination of these basket sys with the other ?

Cheers

B
Learn something difficult and earn real money for ever, a lot.
  • #1,253
  • Nov 5, 2008 7:49pm Nov 5, 2008 7:49pm
Quoting matrixebiz
Ok, well here are my last two EA's for this system. Not too much feedback on the others so I'll assume they are working ok
A few new features added;
close_all_at_profit$
close_all_at_loss$
Plus I attached an EA that ES Trader wanted (CCFpdv3 SD EA) that trades the pairs with the currencies that both match. e.g. EUR + and JPY + = Buy EUR/JPY. Please put the indicator here in your Experts/Indicators folder.

Please test and let me know how you make out. EA's will not place more trades if trades already exist, so try and close trades before the new bar if you want.
Thank you
tHANKS VERY MUCH MATRIX.
wHY THERE ARE 3 eA,S. WHAT IS THE DIFFERENCE BETWEEN THEM?
THANKS
kRIS
  • #1,254
  • Nov 5, 2008 8:33pm Nov 5, 2008 8:33pm
Sorry, didnt realise I had to load the indicator onto the chart
Working fine now
  • #1,255
  • Nov 5, 2008 9:01pm Nov 5, 2008 9:01pm
Quoting ES Trader
tHANKS VERY MUCH MATRIX.
wHY THERE ARE 3 eA,S. WHAT IS THE DIFFERENCE BETWEEN THEM?
THANKS
kRIS
Hi Kris, only two EA's.
CCFpdv3 EA - Original system EA, trades Positives with Negatives
CCFpdv3 SD EA - EA that trades (Same Direction) Positives with Positives and Negatives with Negatives.
CCFpdv3 - Indicator
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,256
  • Nov 5, 2008 9:11pm Nov 5, 2008 9:11pm
Hi matrix

Thnks for the EA

Will test today and tommorrow
  • #1,257
  • Nov 6, 2008 2:47am Nov 6, 2008 2:47am
what I have done just now is

The CFP indicator I have attached to the 5 minute chart by making time frame input in CFP as zero

Looked into the currency that are strong and currency weak made the pair

Rather than buying the strong currency I sold (reverse trade) 5 minute time frame
Attached Image (click to enlarge)
Click to Enlarge Name: euro us.gif Size: 49 KB
  • #1,258
  • Edited 3:02am Nov 6, 2008 2:52am | Edited 3:02am
Quoting matrixebiz
Ok, well here are my last two EA's for this system. Not too much feedback on the others so I'll assume they are working ok
A few new features added;
close_all_at_profit$
close_all_at_loss$
Plus I attached an EA that ES Trader wanted (CCFpdv3 SD EA) that trades the pairs with the currencies that both match. e.g. EUR + and JPY + = Buy EUR/JPY. Please put the indicator here in your Experts/Indicators folder.

Please test and let me know how you make out. EA's will not place more trades if trades already exist, so try and close trades before the new bar if you want.
Thank you
Hi matrixebiz, could you please add trailing basket profit-locked and automatically close all current opening trades (whether it is profit or loss) when new trades executed? Btw, thank you for the EA.
  • #1,259
  • Nov 6, 2008 4:08am Nov 6, 2008 4:08am
Dear Thread,

As we are all noticing, there are many ways of playing this RS indicator:
1) buy strong RS currencies and sell them against weak RS currencies---i.e. trend following
2) sell strong RS currencies and buy them against weak RS currencies---i.e. mean reversion

The only method I don't understand is ES Trader's new twist of pairing + currencies with + currencies and - currencies with - currencies. Can you explain your logic, Kris?

At the end of the day, in order to create stability for yourselves, trading-wise, and not jump from fad to fad in indicator use and currency pairing, you will have to define when to trend-trade the basket and when to reversion trade the basket. What is that threshold and what's good enough? This is the most important and the most elusive piece of information to figure out.

Lenoxer
  • #1,260
  • Edited 6:54am Nov 6, 2008 6:27am | Edited 6:54am
Quoting LuboLabo
ok, you are right, I made a mistake (perhaps because I am not a coder, but I'm interested in mql only a few weeks).
Now I correct them, should be fine.
I apologize to everyone.

I proceeded to update the new indicators in place of old. here http://www.forexfactory.com/showpost...postcount=1186 and here http://www.forexfactory.com/showpost...postcount=1205 and here http://www.forexfactory.com/showpost...postcount=1159

Lubo

P.S. Initial TF is set to 0 and changes with the chart TF .

As you could see from above, there was an error in the indicators posted by me earlier.
But looking good then I realized that those indicators chasuble appeared as the indicator CCP (Common Complex percent) found here http://articles.mql4.com/484 (I say chasuble because of this indicator there is only EX4 version).
I like the CCp because reacts more quickly and then I decided to rely again on this last, to change these two indicators attached here.
The CCp-v2-CW shows only the values in the chart window.
Now U can also choise ma parameter for every TF.
The last value (fourth) is the difference between (current - last colsed) -(last closed -2th last closed), ie the second value - the third value.

I hope you enjoy.

P.S. I release versions mq4 so those who wish can also modify and improve them.
Attached Image (click to enlarge)
Click to Enlarge Name: CCp-MTF.gif Size: 27 KB
Attached File(s)
File Type: ex4 CCp.ex4   19 KB | 856 downloads
File Type: mq4 CCp_v2-CW-Level_Diff-MTF.mq4   24 KB | 1,073 downloads
File Type: mq4 CCp_v2-Level_Diff-MTF.mq4   26 KB | 1,169 downloads
If I know how, I tell You!! Few but Good!!
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