Relative Strength Basket Trading System

Thanks

KG

http://i35.tinypic.com/2z7pt7q.gif

Very good results
26 wins 3 loss

Yes KG,
and it is going bad now!!!, although, it went good at the begining (almost up $ 150 in profit), just for the records.

Jeff

Are you using RS_GROUP_JPY V1.0 ?

thanks

KG

OK Jeff, here is how we deal with this...
We open base on signal, if the signal after we open the trade is change what we should do? We have to follow the signal correct... in this project, my goal is open the trade with the high probability, collect the pips as fast as possible and as much as we can. So, here we will take an action base on the indicator information.

Thanks

KG

Are you using EA or manual trade?

Thanks

KG

Hey KG, the rules you emailed me, are they for the new system with your new indicator? Which system seems best right now?

The indicator in the image above has a the numbers displayed in fraction where as the indicator i have shows whole numbers. Just wondering which version you have i have downloaded all versions of the indicator (MTF) but can not find the version with decimal figures. Sorry this is off the main conversation at the moment.

That's for the previous. I think we should use the new indicator, i'll send you an email for detail. All observations results, test and all information all member here help me to move one step ahead.

Thanks

KG

I'm not post that one. That's just my observations table only...

KG

KG
I couldn't agree more with what you are saying. I beleive that the strategy in this s/m would be "HIT AND RUN". i.e. collect $ 100 -150 and go for a new trade.
BUT, even $ 100 some times is unreachable! and the whole basket go against you.

Anyway, testing might need time and repeatition for quite some time to validate any method. We will keep working, right?

Jeff

Oh, I am using the EA for trade, no manual any more.

Ok, cool, lets get something that makes profit consistently

Yes agree... and YES we will keep working on it my friend.

Thanks

KG

Well based on my own system (pivots and resistance) combined with the same principals set out by KG I have been trying to trade USD currency will attempt to add a number of insight int he my post as of next week. I appologise for the lack of info on original test although in defence i found it difficult to find a consistant run.

That would be nice................. things have not worked out on this today. The EA seems to have been spooked and traded the exact opposite of what would have been good.

I take this trade a few minutes after new candle start on H1.

Thanks

KG


http://i35.tinypic.com/2nbhx90.gif

Cool, i'm waiting your test. I love S/R and plan to include S/R analysis on this system later...

Thanks

KG

Just close as my set profit on Multipurpose EA. 400 pips...

Not bad,

KG

KG I am not able to figure out settings for Steve's trademanagement EA, can you pls post your set file here?

extern string ManagementStyle="You can select more than one option";
extern bool ManageByMagicNumber=false;
extern int MagicNumber=10101010;
extern bool ManageByTradeComment=true;
extern string TradeComment = "KG";
extern bool ManageByTickeNumber=false;
extern int TicketNumber;
extern string OverRide="ManageThisPairOnly will override all previous";
extern string OverRide2="or can be used in combination with 1 of above";
extern bool ManageThisPairOnly=false;
// This allows the ea to manage all existing trades
extern string OverRide1="ManageAllTrades will override all others";
extern bool ManageAllTrades=false;
// Now give user a variety of facilities
extern string bl1="---------------------------------------------------------------------";
extern string ManagementFacilities="Select the management facilities you want";
extern string slf="----Stop Loss & Take Profit Manipulation----";
extern string BE="Break even settings";
extern bool BreakEven=false;
extern int BreakEvenPips=30;
extern int BreakEvenProfit=2;
extern string JSL="Jumping stop loss settings";
extern bool JumpingStop=false;
extern int JumpingStopPips=30;
extern bool AddBEP=true;
extern bool JumpAfterBreakevenOnly=false;
extern bool PartCloseEnabled=false;
extern double Close_Lots = 0.02;
extern double Preserve_Lots=0.02;
extern string TSL="Trailing stop loss settings";
extern bool TrailingStop=false;
extern int TrailingStopPips=5;
extern bool StopTrailAtPipsProfit=false;
extern int StopTrailPips=0;
extern string ITSL="Instant trailing stop loss settings";
extern bool InstantTrailingStop=false;
extern int InstantTrailingStopPips=30;
extern bool StopInstantTrailAfterBreakEven=false;
extern bool StopInstantTrailAtPipsProfit=false;
extern int StopInstantTrailPips=0;
//extern bool HideStopLossEnabled=false;
//extern double HiddenStopLossPips=0;
extern string bl2="---------------------------------------------------------------------";
extern string GOC="----Global order closure settings----";
extern bool GlobalOrderClosureEnabled=false;
extern bool IncludePendingOrdersInClosure=false;
extern bool ProfitInDollars=false;
extern double DollarProfit=100000;
extern bool ProfitAsPercentageOfBalance=false;
extern double PercentageProfit=10000;
extern string bl9="---------------------------------------------------------------------";
extern string bin1="----Basket trade settings----";
extern string bin2="Set ManageByMagicNumber or";
extern string bin3="ManageByTradeComment to true";
extern string bin4=" to use these features";
extern bool ManageBasketTrades=true;
extern string bin5="Basket take profit settings";
extern bool BasketClosureTP=true;
extern bool BasketTPinDollars=true;
extern double BasketDollarTP=5000;
extern bool BasketTPasPercent=false;
extern double BasketTpPercentage=1;
extern bool AutoCalcBasketTPasPercent=false;
extern double FourToSevenTradesPercent=1;
extern double EightToTwelveTradesPercent=2;
extern double ThirteenPlusTradesPercent=3;
extern string bin6="Basket stop loss settings";
extern bool BasketClosureSL=true;
extern bool BasketSLinDollars=true;
extern double BasketDollarSL=1000;
extern bool BasketSLasPercent=false;
extern double BasketSLPercentage=1;
extern string bin13="Basket jumping stop settings";
extern bool BasketJumpingStop=false;
extern double BasketJumpingStopProfit=1;
extern bool BasketAddBEP=true;
extern double BasketBreakEvenProfit=0.1;
extern bool DisableBasketJumpStopAfterBE=false;
extern string bin7="Basket trailing stop settings";
extern bool BasketTrailingStop=false;
extern double BasketTsAtProfit=1;
extern int BasketTrailPercent=75;
extern string bin8="Immediate basket closure setting. Use with care";
extern bool BasketCloseImmediately=false;
extern string bin9="Trade expiry settings";
extern bool TradesWillExpire=false;
extern int TradesWillExpireMins=210;
extern string bl3="---------------------------------------------------------------------";
extern string hs="----Hedge settings----";
extern bool HeadgeEnabled=false;
extern int HedgeAtLossPips=0;
extern int HedgeTradeStopLoss=0;
extern int HedgeTradeTakeProfit=0;
extern double HedgeMultiplier=2;
extern bool CloseAtBreakEven=true;
extern string Ins14="Trend filter choices";
extern bool UseEnvelopeTrendFilter=true;
extern int LookBackBars=3;
extern bool UseAdxTrendFilter=false;
extern int AdxPeriod=14;
extern string bl5="---------------------------------------------------------------------";
extern string sps="----Shirt-protection settings----";
extern string spsi="Close all open trades at this $ loss";
extern bool ShirtProtectionEnabled=false;
extern double MaxLoss=-10000000;
extern bool IncludePendingInClosure=false;
extern string bl6="---------------------------------------------------------------------";
extern string OtherStuff="----Other stuff----";
extern bool ShowAlerts=true;