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Relative Strength Basket Trading System

  • #401
  • Nov 20, 2008 7:20am Nov 20, 2008 7:20am
Hi,

It seems that the Buying script only opens 5 trades instead of 7. Anyone notice that?
  • #402
  • Nov 20, 2008 7:26am Nov 20, 2008 7:26am
Quoting matrixebiz
No, you have it right. You can't use individual trade SL or TP because that would cause trades to be closed out prematurely.
So it isn't wise to "set and forget" the EA.... I need to watch it?

What is the point of the SL and TP settings in the EA if this is the case?
  • #403
  • Nov 20, 2008 7:28am Nov 20, 2008 7:28am
What do you think about this approach to avoid heavy losses?

http://www.forexfactory.com/showpost...1&postcount=42

It's from the old RS Thread.
  • #404
  • Nov 20, 2008 7:30am Nov 20, 2008 7:30am
Quoting Eiman
Hi,

It seems that the Buying script only opens 5 trades instead of 7. Anyone notice that?
If the script only open 5 trade... just run the script again and it will trade the rest pairs.. (if you use the last script)

KG
  • #405
  • Nov 20, 2008 7:31am Nov 20, 2008 7:31am
Quoting LT man
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?
No.. it's different.

KG
  • #406
  • Nov 20, 2008 7:32am Nov 20, 2008 7:32am
I notice KG posted my trade management ea a few days ago.

Those of you using it might be interested in facilities I have added to the basket trading functions. Follow the link in my signature and read the latest updates at the bottom of post 1 to see if the new features are any use to you.

  • #407
  • Edited 8:02am Nov 20, 2008 7:41am | Edited 8:02am
Hi,

The EA isn't opening any trades.Why? What are the MinutesDelayStart and MinutesDelayEnd options in the EA, please?
  • #408
  • Nov 20, 2008 8:10am Nov 20, 2008 8:10am
seems to be strong signals

50% retun on investment Multi purpose closed the contracts

Today Morning Asia contract was 100 % profit .booked profit now

contact 2 Hours before closed for breakeven

Contract now closed 50% return
  • #409
  • Nov 20, 2008 8:17am Nov 20, 2008 8:17am
The EA has also stopped with me. All green and smiles - open to all pairs... nothing for 20 minutes.

Is this normal due to market conditions of is there a bug in the EA?
  • #410
  • Nov 20, 2008 8:50am Nov 20, 2008 8:50am
Quoting eddiemiller
So it isn't wise to "set and forget" the EA.... I need to watch it?

What is the point of the SL and TP settings in the EA if this is the case?
I don't think there is SL and TP in the EA ?? Just ignore it then.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #411
  • Nov 20, 2008 8:56am Nov 20, 2008 8:56am
Quoting matrixebiz
I don't think there is SL and TP in the EA ?? Just ignore it then.
You may well be right - I think I am mistaken, but can you tell me what there settings are for please?
Attached Image
  • #412
  • Nov 20, 2008 8:58am Nov 20, 2008 8:58am
hm. using ibfx mini demo i have kg_jpy_basket_long/short_7pairs in my experts/scripts folder but when i drag the script onto the chart it says '0 trades taken' but there is no error in journal. what am i doing incorrectly?
  • #413
  • Nov 20, 2008 8:59am Nov 20, 2008 8:59am
As with the original system, the trades should only be valid for some minutes within the opening of the new bar, MinutesDelayStart and MinutesDelayEnd is the minutes the EA is allowed to trade within. Setting to 2 and 10, the EA will only open the trades within the first 2-10 minutes of bar open.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #414
  • Nov 20, 2008 9:03am Nov 20, 2008 9:03am
Quoting eddiemiller
You may well be right - I think I am mistaken, but can you tell me what there settings are for please?
That's CloseALL, when Total account $ gets to the set price Negative or Positive, the EA will close all trades. So looks like you have yours set for if account Profit $6 closeall or -$2 closeall if you enabled True.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #415
  • Nov 20, 2008 9:06am Nov 20, 2008 9:06am
Quoting RaverStyleTim2
hm. using ibfx mini demo i have kg_jpy_basket_long/short_7pairs in my experts/scripts folder but when i drag the script onto the chart it says '0 trades taken' but there is no error in journal. what am i doing incorrectly?
Are you forgetting to add put an 'm' in the PairSuffix box? I keep forgetting to do that, and I wrote the scripts.

  • #416
  • Nov 20, 2008 9:15am Nov 20, 2008 9:15am
wow. i thought i had tried that twice. maybe i put .m as the suffix. got it now thanks! lol
  • #417
  • Nov 20, 2008 9:17am Nov 20, 2008 9:17am
Quoting matrixebiz
As with the original system, the trades should only be valid for some minutes within the opening of the new bar, MinutesDelayStart and MinutesDelayEnd is the minutes the EA is allowed to trade within. Setting to 2 and 10, the EA will only open the trades within the first 2-10 minutes of bar open.
Many Thanks

So on the first image this will trade from 5 - 25 minutes of the candle? Is there a best setting for this?

On the second image I cant grasp the time settings. Can you please clarify that for me.

Cheers Eddie
Attached Images
  • #418
  • Nov 20, 2008 9:32am Nov 20, 2008 9:32am
Quoting RaverStyleTim2
wow. i thought i had tried that twice. maybe i put .m as the suffix. got it now thanks! lol
I keep on meaning to do a version with the 'm' added as default. I will do that later and post it here - it will only take a few seconds.

1% profit target hit. Nice.

Attached Image (click to enlarge)
Click to Enlarge Name: jpy basket.gif Size: 29 KB
  • #419
  • Nov 20, 2008 9:36am Nov 20, 2008 9:36am
Here they are - should save us both some hassle.

Attached File(s)
File Type: mq4 KG_JPY_Basket_Long IBFXm.mq4   3 KB | 543 downloads
File Type: mq4 KG_JPY_Basket_Short IBFXm.mq4   3 KB | 518 downloads
  • #420
  • Nov 20, 2008 9:38am Nov 20, 2008 9:38am
much thanks!
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