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Trading System Using Relative Strength-Part 2

  • #1,261
  • Nov 6, 2008 7:25am Nov 6, 2008 7:25am
I found bug in the EA. Please take a look at GBP/NZD. It supposed to be "No trade" for GBP/NZD, but the EA open buy GBP/NZD
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  • #1,262
  • Nov 6, 2008 8:32am Nov 6, 2008 8:32am
Quoting matrixebiz
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
Thanks
kris
  • #1,263
  • Nov 6, 2008 9:07am Nov 6, 2008 9:07am
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
so does the sd ea trade in the direction of the strongest pair?? so if aud is at 6 and jpy is 8 and had a buy suggestion on both(so both were listed as + ) the ea would sell aud/jpy(due to both being + meaning a continuation of movement and jpy being stronger than aud)
  • #1,264
  • Nov 6, 2008 9:38am Nov 6, 2008 9:38am
Quoting RaverStyleTim2
so does the sd ea trade in the direction of the strongest pair?? so if aud is at 6 and jpy is 8 and had a buy suggestion on both(so both were listed as + ) the ea would sell aud/jpy(due to both being + meaning a continuation of movement and jpy being stronger than aud)
I have the SD EA set to trade based on the direction of both, so if AUD+ and JPY+ then will BUY AUD/JPY. I think that is the way ES Trader was doing it. Correct me if I am wrong.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,265
  • Nov 6, 2008 9:40am Nov 6, 2008 9:40am
Quoting Jack2000
I found bug in the EA. Please take a look at GBP/NZD. It supposed to be \"No trade\" for GBP/NZD, but the EA open buy GBP/NZD
Hmmmmm I'll check when I get home. At least that trade is in the Positive
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,266
  • Nov 6, 2008 11:38am Nov 6, 2008 11:38am
Quoting matrixebiz
I have the SD EA set to trade based on the direction of both, so if AUD+ and JPY+ then will BUY AUD/JPY. I think that is the way ES Trader was doing it. Correct me if I am wrong.
i believe the way it was described was that even though both are +, you still have to go towards the stronger currency. ES or kang can you clarify?
  • #1,267
  • Nov 6, 2008 11:45am Nov 6, 2008 11:45am
Hi Raver

yes that became the new concept even two + currencies are valid for trade
based on the + and the number strength for direction of trade

In the original concept we only used to trade + and -
Now ++ as well as -- will be traded based on the number strength
  • #1,268
  • Nov 6, 2008 12:18pm Nov 6, 2008 12:18pm
Quoting harigp
Hi Raver

yes that became the new concept even two + currencies are valid for trade
based on the + and the number strength for direction of trade

In the original concept we only used to trade + and -
Now ++ as well as -- will be traded based on the number strength
so currently, you'd have a buy on usd/jpy usd/chf and usd/chf ? on fxdd 20;00 candle
  • #1,269
  • Nov 6, 2008 12:40pm Nov 6, 2008 12:40pm
Hi raver

yes if you are looking at time frame 4 hours, But if you look the same at
other different frame by changing the indi as zero and change the chart frame the picture could be diiferent
  • #1,270
  • Nov 6, 2008 1:16pm Nov 6, 2008 1:16pm
hm. is it possible that in addition to what is the stronger currency should we also look at which currency had the strongest movement as well?
  • #1,271
  • Nov 6, 2008 1:25pm Nov 6, 2008 1:25pm
Yes to some extent, if you are an intraday trader

As you know the movement can change sharply

For the last two days I go by TF 5 minute for get in and get out, I know it is
not big boy thinking
  • #1,272
  • Nov 6, 2008 2:37pm Nov 6, 2008 2:37pm
Trade on TF 5 minute CFF
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  • #1,273
  • Nov 6, 2008 2:51pm Nov 6, 2008 2:51pm
hi Mitch
its always amazing to see pple making money in forex...but i dont think that has been my own, i have been trading forex read alot and been to some forums, but still loosing ....and i hope i can make profit in forex, also i have bought alot of custom indicators, but they tend to be a trend follower..and did reverse against u after they have given the GO signal... pls i would like to know if u could TEACH me or give me the method at which u make ur profit, i believe u dont have to make hugh pips to make good money like how much u placed here...i am sure with good LOT SIZE, and a good strategy it will be okay for the day...i plead u help me....u can as well email me directly at [email protected], i will so much appreciate it....any one else could help me pls! i need help...
God bless u all!

wale
  • #1,274
  • Nov 6, 2008 2:58pm Nov 6, 2008 2:58pm
Hi gail

not to worry we are all here My Guru Es is avilable
  • #1,275
  • Nov 6, 2008 3:05pm Nov 6, 2008 3:05pm
This profit is for wed wed
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  • #1,276
  • Nov 6, 2008 3:33pm Nov 6, 2008 3:33pm
Quoting RaverStyleTim2
i believe the way it was described was that even though both are +, you still have to go towards the stronger currency. ES or kang can you clarify?
Oh, I see. Ok I'll look at it.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,277
  • Nov 6, 2008 4:28pm Nov 6, 2008 4:28pm
So what are you doing then to determine which currency is the strongest? Just by which one has the higher number? or by most movement over the last two bars? A currency up in the higher number range may may have only moved a little positive over the last two bars and another currency in the lower number range may have moved alot more but still has a lower number, so, Which indicator do you guys use then that shows which currency is stronger? is it based on movement or higher number?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,278
  • Nov 6, 2008 5:34pm Nov 6, 2008 5:34pm
Quoting matrixebiz
So what are you doing then to determine which currency is the strongest? Just by which one has the higher number? or by most movement over the last two bars? A currency up in the higher number range may may have only moved a little positive over the last two bars and another currency in the lower number range may have moved alot more but still has a lower number, so, Which indicator do you guys use then that shows which currency is stronger? is it based on movement or higher number?
Ok guys!
I want to revealing my secret! I'm joking, (but I am still amazed that no one has noticed this), is not a secret is just what I've seen lately using indicators CCFp and CCP.

If you use the 4H bar as the main trend, take a screenshoot after a couple of minutes since it started, and then after 10-15 min (sometimes even less) observed how the values have changed and so you can see what currencies are moving more! Then confirmed the trend with lower TF to enter, it is better if the coins show opposite ma lines
Exit when in the minors TF trend is stopping or reverses.

Try and tell me what you think.

Lubo
If I know how, I tell You!! Few but Good!!
  • #1,279
  • Nov 6, 2008 5:49pm Nov 6, 2008 5:49pm
Quoting Jack2000
I found bug in the EA. Please take a look at GBP/NZD. It supposed to be "No trade" for GBP/NZD, but the EA open buy GBP/NZD
Code looks Ok. You might be just running into the calculating issue the indicator has. Your time of picture is like 1 1/2 hour later. Values might have just changed 5 minutes later after trade was opened.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,280
  • Nov 6, 2008 8:11pm Nov 6, 2008 8:11pm
Quoting matrixebiz
So what are you doing then to determine which currency is the strongest? Just by which one has the higher number? or by most movement over the last two bars? A currency up in the higher number range may may have only moved a little positive over the last two bars and another currency in the lower number range may have moved alot more but still has a lower number, so, Which indicator do you guys use then that shows which currency is stronger? is it based on movement or higher number?
good question. thats something im not sure about and am looking into. normally i would say the higher the number the stronger the currency. however, if the 2nd currency has a faster rate of change this seems to negate or make the trade risky. jsut an observation but i dont really have an answer
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