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Relative Strength Basket Trading System

  • #381
  • Nov 20, 2008 1:43am Nov 20, 2008 1:43am
Quoting gav
Hello Kang Gun
Can I make the trade without using the Ea ?
What will be the condition?
Thank you

KG, let me answer that please and you can correct if it is wrong.

gav,
You can enter any trade individually, if you wish, without using the EA. The conditions are the same as when entering with the EA. The EA will trigger a trade once the arrows (1m to 4h) are green up (buy) or red down (sell). In some cases the conditions agree for all 7 pairs and the EA will fire. In other cases (such as yesterday 19/11- I do not recall the time exactly) some pairs were green and headed up (almost all) except USD/JPY that was red down (for some time, not the whole day). This might happen any time, due mainly to news release (fundamentals etc.). In such a case, you can choose the pair green up (1m to 4h) and buy and pairs with red down and sell, but with out placing the EA.
I normally do not attach the EA unless I see that the conditions are met for the whole basket to be triggered.
I hope that this is clear enough to get some profit.

Jeff

  • #382
  • Nov 20, 2008 2:11am Nov 20, 2008 2:11am
strategy 7 JPY pairs. trade in London session.trade was open like shown in picture
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  • #383
  • Nov 20, 2008 2:17am Nov 20, 2008 2:17am
Quoting jeff jordan

KG, let me answer that please and you can correct if it is wrong.



[left]gav,
[b][size=3][font=Times New Roman]You can enter any trade individually, if you wish, without using the EA. The conditions are the same as when entering with the EA. The EA will trigger a trade once the arrows (1m to 4h) are green up (buy) or red down (sell). In some cases the conditions agree for all 7 pairs and the EA will fire. In other cases...
Thank you Jeff
My problem is that when I see the JPY 1 m to 4 h green for a moment ( like this moment - now) and after 2 seconds it changes on 1m and on 5 m.
What do you do then?
  • #384
  • Nov 20, 2008 3:11am Nov 20, 2008 3:11am
trade after 60 min.
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  • #385
  • Nov 20, 2008 3:34am Nov 20, 2008 3:34am
I closed this trade -400 loss
  • #386
  • Nov 20, 2008 5:58am Nov 20, 2008 5:58am
Quoting LT man
I closed this trade -400 loss
I installed this and left it running 9 hours ago. On my return I am in profit.

I did however limit the amount of "action" I could get involved in to:

Profit $6
Loss $2
All USD and JPY pairs only
Lot size 0.01

The profit (which I have taken when returning to my PC) work out at about £20.00

I have now switched to UAD pairs only (all other settings are the same)

*****What I have just noticed is the TP and SL values are all blank. Should they have been set when the orders opened?

I have set the EA up wrong?
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  • #387
  • Nov 20, 2008 6:05am Nov 20, 2008 6:05am
This is one off the tme I look for some action

CHF/JPY is creating problem in the basket
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  • #388
  • Nov 20, 2008 6:15am Nov 20, 2008 6:15am
Hi,

sorry but another one with problems. I have copied KG TREND_MTF_MULTIPAIRS.ex4, (for jpy) KG INDEX MTF.ex4 and Highest_Lowest_Index.ex4 in the experts/indicator folder. Unfortunatley it seems to get no data. The highest_lowest shows nzd as highest and lowest in every tf, index mtf only zeros and the multipairs only orange arrows. Metatrader is connected to the internet and is updated to vers. 220.

Help needed.

Thx
  • #389
  • Nov 20, 2008 6:19am Nov 20, 2008 6:19am
Hi MC

Have you copied formula 2 ex 4 the first or second one in the clip
with out it nothing will work
  • #390
  • Nov 20, 2008 6:21am Nov 20, 2008 6:21am
hi,

i got stopped with -$440...

very shocked on me...

thanks
  • #391
  • Nov 20, 2008 6:29am Nov 20, 2008 6:29am
Quoting crushbeat
hi,

i got stopped with -$440...

very shocked on me...

thanks

Money Management??

Why test this on a real account or in a way that exposes your risk?

- Use a stop loss.
- If real trade a 0.01 lot
- Limit the pairs

Having said that the stop loss isn't working (or the TP) - have I set this up wrong?

Thanks in advance

Eddie
  • #392
  • Nov 20, 2008 6:37am Nov 20, 2008 6:37am
Quoting harigp
Hi MC

Have you copied formula 2 ex 4 the first or second one in the clip
with out it nothing will work
Hmm thought the formula is only for the ea. Anyway i have copied the formula 2 mtf.ex4 in the indicator folder and added it to my chart. It's allready not working.

Any suggestions?

Thx so far
  • #393
  • Nov 20, 2008 6:40am Nov 20, 2008 6:40am
HIMC

Close the MT 4 and restart again
  • #394
  • Nov 20, 2008 6:42am Nov 20, 2008 6:42am
Quoting MCFly
Hmm thought the formula is only for the ea. Anyway i have copied the formula 2 mtf.ex4 in the indicator folder and added it to my chart. It's allready not working.

Any suggestions?

Thx so far
Go to page 1... download Formula_2.ex4 you need that file and not Formula_2 MTF.ex4 this one for EA. Copy to your_metatraderexpertindicators directory

Thanks,

KG
  • #395
  • Nov 20, 2008 6:44am Nov 20, 2008 6:44am
Quoting Kang_Gun
Go to page 1... download Formula_2.ex4 you need that file. Copy to your_metatraderexpertindicators directory

Thanks,

KG
Done and it works fine. Thanks alot. Thought i need the newer version.
  • #396
  • Nov 20, 2008 6:45am Nov 20, 2008 6:45am
trading 7 JPY pairs
I think if market is range and pairs up or down less 50 pips it's better trade in reverse because market change direction to over side when indicator shows the same direction in all time. If market moves about 100 pips and more indicator work well.
  • #397
  • Nov 20, 2008 6:50am Nov 20, 2008 6:50am
Quoting crushbeat
hi,

i got stopped with -$440...

very shocked on me...

thanks
Current situation is what i'm talking about before. JPY pairs is ranging... And be carefull when the new candle just starting, specially H1 and H4.... Don't take the signal before you leave it run about 10 to 15 minutes after new candle start...

Please, just use Demo account first... I have asked about this before because we still on observations fase.

Thanks,

KG
  • #398
  • Nov 20, 2008 6:54am Nov 20, 2008 6:54am
Quoting LT man
trading 7 JPY pairs
I think if market is range and pairs up or down less 50 pips it's better trade in reverse because market change direction to over side when indicator shows the same direction in all time. If market moves about 100 pips and more indicator work well.
Yup.. when the indicators show the same direction in all time (green & red changing very often from M1 to H4) it's show us that price is ranging in small range. So, this is a sign and we have to use this information to make a decission. TRADE or NO TRADE !!!

Thanks

KG
  • #399
  • Nov 20, 2008 7:05am Nov 20, 2008 7:05am
Quoting eddiemiller
Money Management??

Why test this on a real account or in a way that exposes your risk?

- Use a stop loss.
- If real trade a 0.01 lot
- Limit the pairs

Having said that the stop loss isn't working (or the TP) - have I set this up wrong?

Thanks in advance

Eddie
No, you have it right. You can't use individual trade SL or TP because that would cause trades to be closed out prematurely.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #400
  • Nov 20, 2008 7:05am Nov 20, 2008 7:05am
to KG
correct. I compare signal with indicator CCFp-Diff (v1.04b_current). Does your indicator calculate the same? I see today D1 change some time in CCFp-Diff, but in yours no one?
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