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Relative Strength Basket Trading System

  • #441
  • Nov 20, 2008 11:28am Nov 20, 2008 11:28am
It would be nice if someone can post which EA's are which, which Indi's/scripts are required. It would appear there are different setup present in this forum thread which even after reading the lot is still very confusing.

Eddie
  • #442
  • Nov 20, 2008 11:28am Nov 20, 2008 11:28am
Quoting eddiemiller
This is the setup
Ok, one thing is that since you have the EA on the M30 chart you also don't need to set true Check M30 because you already have Check Current(M30)

so for trades to happen with your setup all Timeframes M30, H1, and H4 have to agree within 2-6 minutes.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #443
  • Nov 20, 2008 11:29am Nov 20, 2008 11:29am
Quoting RaverStyleTim2
buy order around 17:23 or so?
got the 1% lol.
  • #444
  • Nov 20, 2008 11:38am Nov 20, 2008 11:38am
Quoting harigp
Hi Jeff

I did not Know this


The jpy basket is not an EA it is an indicator. Place that in Indicator

Under Expert/Indicator

The JPY 7 pair long or short is script it should goto script

under expert/script

All the indicators of KG is not EA

The EA is only of matrix
[/quote]

harigp,
are'nt you talking about the same thing here?
KG_JPY_Basket_Long_7 pairs or .....Short_7pairs

Jeff
  • #445
  • Nov 20, 2008 11:45am Nov 20, 2008 11:45am
kg-basket is the script to go into the expert/scripts which allows buying a bunch of pairs at the same time.
matrix has kg-4h-mtf-ea which goes into experts.
everything else is experts/indicators
  • #446
  • Nov 20, 2008 12:05pm Nov 20, 2008 12:05pm
The error just happened again and only 1 trade opened.
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  • #447
  • Edited 12:19pm Nov 20, 2008 12:16pm | Edited 12:19pm
Quoting matrixebiz
I'm not using the KG MTF EA anymore. I'm using a ONE timeframe system based on the original theory that seems to be working out so far this week. Just need more testing.
that is the KG EA one, right?

Does this mean that you only need a vertical line of green numbers on the time frame only?

I am guessing this works on which ever trade TF you have open at the time? Which one do you use?
  • #448
  • Nov 20, 2008 12:17pm Nov 20, 2008 12:17pm
Quoting matrixebiz
I'm not using the KG MTF EA anymore. I'm using a ONE timeframe system based on the original theory that seems to be working out so far this week. Just need more testing.
able to go into a little more detail on the other thread? or over pm
  • #449
  • Nov 20, 2008 2:14pm Nov 20, 2008 2:14pm
Quoting RaverStyleTim2
kg-basket is the script to go into the expert/scripts which allows buying a bunch of pairs at the same time.
matrix has kg-4h-mtf-ea which goes into experts.
everything else is experts/indicators
RaverStyleTim,
Exactly as you say, but the problem is the (x) sign. For KG Basket it woked even when has the (x) sign, however, for CloseAtEquity ..or CloseAll-Pl (having also the (x) did not work at all.
The reason for the later EA's is to close as soon as you get into some profit as fast as possible to avoid things go back in the negative due to volatility of the market.

Jeff
  • #450
  • Nov 20, 2008 2:20pm Nov 20, 2008 2:20pm
Hi Jeff

Can you check on top of the chart whether the EA is green colour otherwise
it will give you X in the chart
  • #451
  • Edited 3:54pm Nov 20, 2008 3:28pm | Edited 3:54pm
Quoting harigp
Hi Jeff

Can you check on top of the chart whether the EA is green colour otherwise
it will give you X in the chart

harigp,
I should click the Expert Adviser to be green, right?
it is o.k. now, thanks
Jeff
  • #452
  • Nov 20, 2008 3:32pm Nov 20, 2008 3:32pm
Hi jeff

Isaw your chart the expert advisor on the top of the chart is in red colour click it and it will become green
  • #453
  • Nov 20, 2008 3:35pm Nov 20, 2008 3:35pm
Quoting jeff jordan
harigp,

do you mean the above right corner? how it becomes green?

Jeff
No my friend - see the amended image below.
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  • #454
  • Nov 20, 2008 3:37pm Nov 20, 2008 3:37pm
Hi jeff

Just above the red vertical line in my chart
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  • #455
  • Nov 20, 2008 4:22pm Nov 20, 2008 4:22pm
Yes guys,
thanks a lot for your help. We are back in business!

Jeff
  • #456
  • Nov 20, 2008 4:24pm Nov 20, 2008 4:24pm
Quoting jeff jordan
Yes guys,
thanks a lot for your help. We are back in business!

Jeff
Your welcome.
  • #457
  • Nov 20, 2008 4:43pm Nov 20, 2008 4:43pm
Quoting eddiemiller
The error just happened again and only 1 trade opened.
This message is because it checks for valid trades on all 28 currency pairs every time, and the ones that are valid at that time, an order will be placed.
Just ignore that message.
E.G. Lets say it's not a good time to trade USD/CAD, the EA will cause that currency pair to be 'invalid' so the OrderSend command that places the order in the EA for that currency pair will have an invalid syntax and spit out that message, this is Ok. If only one currency pair is good to trade at the time bar opens then you'll get 27 of those 'error' messages and 1 trade opening, just like what you just had.
Get it now?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #458
  • Nov 20, 2008 4:59pm Nov 20, 2008 4:59pm
Cheers fella, I hear you .
  • #459
  • Nov 20, 2008 5:24pm Nov 20, 2008 5:24pm
After all the time wasted t figure out the EA's problem, finally I made a second trade today using KG Basket jpy and placed CloseAll at $ 100. I will post the result tommorrow.

Jeff
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  • #460
  • Nov 20, 2008 5:32pm Nov 20, 2008 5:32pm
Quoting jeff jordan
After all the time wasted t figure out the EA's problem, finally I made a second trade today using KG Basket jpy and placed CloseAll at $ 100. I will post the result tommorrow.

Jeff
First of all reduce your lots from 0.10 to 0.01 or use a demo account. If you have only installed this today then you should still be learning, not printing money.

I am also not sure what set up you are using. Are you trading or is the EA trading for you?

I have turned a small profit (in spite of my stupidity earlier) working with:

KG EA (running on one window)
Multi Purpose Trade Manager (running on another window)

That is as far as I have got today.... and at some points I have waited 2 hours for a trade to start, and then on only a couple of pairs and then on many.

It is also becoming obvious from other posts and my own experience so far that there are time to trade and times to leave alone, in the same way you would trading manually.

Let me know if there is anything I can do to help.
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