Relative Strength Basket Trading System | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading system using relative strength 2,816 replies

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

Trading System Using Relative Strength-Part 2 1,499 replies

My version of a relative strength basket 2 replies

Attachments: Relative Strength Basket Trading System
Exit Attachments

Relative Strength Basket Trading System

  • #261
  • Nov 17, 2008 2:55am Nov 17, 2008 2:55am
KG,

i use original KG_EA...

here is the screenshot... from what i tested, its been the most consistent one..

thanks
Attached Image (click to enlarge)
Click to Enlarge Name: kg-ea.jpg Size: 242 KB
  • #262
  • Nov 17, 2008 2:57am Nov 17, 2008 2:57am
by this time i wrote...

already booked +$500..

thanks
  • #263
  • Nov 17, 2008 3:19am Nov 17, 2008 3:19am
Quoting crushbeat
by this time i wrote...

already booked +$500..

thanks
Cool
Actually, I and Matrixebiz already test this EA.. and it's fail on ranging conditions then we come with MTF version. How long you have been tested this EA?

KG
  • #264
  • Nov 17, 2008 3:23am Nov 17, 2008 3:23am
Quoting Kang_Gun
Cool
Actually, I and Matrixebiz already test this EA.. and it's fail on ranging conditions then we come with MTF version. How long you have been tested this EA?

KG
KG,

one week...
you said it is not good in ranging market?

i think in the last two days, its been ranging... but it's ok...

thanks
  • #265
  • Nov 17, 2008 3:24am Nov 17, 2008 3:24am
Kang, dont give up on this, this could be the best thing ever around here

I trade with a spread broker in the UK, so i use an online terminal to place my orders, and use a Demo MT4 platform for my charting and indicators, but Im going to make the effort of loading up the EA on another Pc and demo some settings with various pairs.

Im interested in testing it out with a stoploss, I will start testing out with the original KG EA that was posted earlier.

By the way if you could Kang, would you be kind enough to explain how you would place a manual order with the Kg Index MTF and Highest_Lowest_Index for example? I understand about the strength/weakness thing, just wondering how you manage to time your entries right?

Give your thread a little more time, this is some great stuff for sure.
  • #266
  • Nov 17, 2008 3:32am Nov 17, 2008 3:32am
Quoting crushbeat
KG,

one week...
you said it is not good in ranging market?

i think in the last two days, its been ranging... but it's ok...

thanks
OK, could you post the whole results that you did? please... So we all can analyze it

KG
  • #267
  • Nov 17, 2008 3:35am Nov 17, 2008 3:35am
can not KG because I mixed this account with MTF system.. so its already mixed out..

so confusing...
  • #268
  • Nov 17, 2008 3:45am Nov 17, 2008 3:45am
Quoting WilteredFire
Kang, dont give up on this, this could be the best thing ever around here

I trade with a spread broker in the UK, so i use an online terminal to place my orders, and use a Demo MT4 platform for my charting and indicators, but Im going to make the effort of loading up the EA on another Pc and demo some settings with various pairs.

Im interested in testing it out with a stoploss, I will start testing out with the original KG EA that was posted earlier.

By the way if you could Kang, would you be kind enough to explain how you would place a...
Thank you my friend,

I place all my trade base on KG MTF INDEX and Highest_Lowest_Index. I use H4 as my base signal, means i will open the trade when M1 to H4 in the same color. If it's green i will sell all JPY and if it's red I will buy all JPY... and Highest_Lowest_Index just to make sure that JPY is strongest or weakest because in this conditions we know that JPY is on the move. Because i believe all currency move in cycle, if you watch MTF INDEX and Highest_Lowest_Index you will see that all currency did a cycle to be the highest or lowest index... (Jess hope my english was wright... to explain this)

KG
  • #269
  • Nov 17, 2008 3:48am Nov 17, 2008 3:48am
Quoting crushbeat
can not KG because I mixed this account with MTF system.. so its already mixed out..

so confusing...
ok.. np my friend. I'll do some exel test with this on the weekend.

KG
  • #270
  • Nov 17, 2008 3:51am Nov 17, 2008 3:51am
KG,

I've tested too with your strategy which is buy strongest sell weakest on JPY pairs on m1, m5, m15, m30, h1, h4..

I have no consistency... how bout u?

thanks
  • #271
  • Nov 17, 2008 3:54am Nov 17, 2008 3:54am
Quoting Jack2000
KG, how often do you look at monitor for opening qualified-trades? is it every 15 min or 1 hour? Thank you
OK, i'm on testing fase right now... so, i sit in front all my monitors almost 9 hours per day.. but all this thing will be automated soon. I still collect the data and etc...

Thanks

KG
  • #272
  • Nov 17, 2008 4:00am Nov 17, 2008 4:00am
Quoting crushbeat
KG,

I've tested too with your strategy which is buy strongest sell weakest on JPY pairs on m1, m5, m15, m30, h1, h4..

I have no consistency... how bout u?

thanks
When JPY is strongest you shoul SELL all JPY and when JPY is weakest you should BUY all JPY. I have consistent results, we just need to set the basket target base on price movements condition. When it's ranging i will set around 50 to 100 only but when it's trending i will set the basket around 100-1000 pips.

Thank you,

KG
  • #273
  • Nov 17, 2008 4:13am Nov 17, 2008 4:13am
Hi Kang

I think better to update your first post just to let us get sure that all stuff which to be use and recommanded from author are there and last updated ..

I download KG 4H MTF EA.ex4 and put it in :
ODL MetaTrader 4experts

i got (x) insted of (SmileFace ) , i dont know what's the problome
Never sell @ lower upward channel unless breacked and vise versa .
  • #274
  • Nov 17, 2008 5:05am Nov 17, 2008 5:05am
WedWed: Make sure when you load the EA, in the 1st tab for the settings at the bottom part of the window, make sure the box for "Allow Live Trading" is ticked. Maybe you haven't done that?
  • #275
  • Nov 17, 2008 5:43am Nov 17, 2008 5:43am
@ wedwed, don't forget to click the expert advisor tab on the standard toolbar.
  • #276
  • Nov 17, 2008 5:53am Nov 17, 2008 5:53am
My first trade today

I have usedonlythe JPY basket and did manual trading
Attached Image (click to enlarge)
Click to Enlarge Name: euro us.gif Size: 33 KB
  • #277
  • Nov 17, 2008 6:38am Nov 17, 2008 6:38am
Hari, you got some nice trades going for you, would you mind explaining the steps you take to look for a signal and when you place the orders?

Im trying to do this manually too.

Not sure why but the EA bought EU and few others when EU was weak overall, bit odd? I'll keep testing and checking.
  • #278
  • Nov 17, 2008 6:47am Nov 17, 2008 6:47am
KG has told us that he will be doing the trade on JPY basket for some time to
see how the things works

Two or threetrades last week I used the EA one set was profitable and the second not very +

I am also looking for timing for trade like 2 hours before the us open

Today I just looked into the JPY basket and for test booked these contracts
but GBP/JPy short is not doing very well
  • #279
  • Nov 17, 2008 6:49am Nov 17, 2008 6:49am
Quoting Kang_Gun
When JPY is strongest you shoul SELL all JPY and when JPY is weakest you should BUY all JPY. I have consistent results, we just need to set the basket target base on price movements condition. When it's ranging i will set around 50 to 100 only but when it's trending i will set the basket around 100-1000 pips.

Thank you,

KG
Hi KG,

When JPY is strongest you should SELL all JPY and when JPY is weakest you should BUY all JPY---> is this correct?

if this is correct, that's why i never been consistent...
i thought if JPY is strongest I buy JPY and when JPY is weakest I Sell JPY..

so far, I was wrong... ooo im shocked...

please confirm..

thanks
  • #280
  • Nov 17, 2008 7:04am Nov 17, 2008 7:04am
Hi KG,


Thanks for sharing your system and knowledge. I've read the thread, but it seems like there has been some changes on the indicators. I was wondering if you could update the first thread with the latest upgraded indicators.

Thanks in advance
5 traders viewing now