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Relative Strength Basket Trading System

  • #641
  • Nov 24, 2008 9:50am Nov 24, 2008 9:50am
The final pic, just before the markets retraced and hit my jumping stop.

So, the net result was +569. I would have made more by simply closing the losing sells when jpy turned weak and letting a buy basket run, but it was an interesting experiment.

I am going to leave it for half an hour or so, then pile back in if JPY is still weak.

I am enjoying this, KG.

Attached Image (click to enlarge)
Click to Enlarge Name: jpy basket.gif Size: 51 KB
  • #642
  • Nov 24, 2008 10:00am Nov 24, 2008 10:00am
Quoting eddiemiller
Steve.....

I am having an issue with my settings.

I have set the Breakeven and jumping settings but hey only seem to be working on the USD/JPY trades (which is the only chart I have open.

Any reason for this?
Are you trying to manage the basket with the ea? If so, you have the wrong settings. Turn off ManageThisPairOnly and ManageAllTrades. Turn on ManageBasketTrades and set your jumping stop etc within the basket trade features.

The management ea is effectively two managers in one. One manages single trades or groups of related trades; the second treats the entire position as a basket. The two are incompatible with one another.

  • #643
  • Nov 24, 2008 10:07am Nov 24, 2008 10:07am
Quoting SteveHopwood
Are you trying to manage the basket with the ea? If so, you have the wrong settings. Turn off ManageThisPairOnly and ManageAllTrades. Turn on ManageBasketTrades and set your jumping stop etc within the basket trade features.

The management ea is effectively two managers in one. One manages single trades or groups of related trades; the second treats the entire position as a basket. The two are incompatible with one another.

if you don't mind, can you give us your trade manager's settings? thank you
  • #644
  • Nov 24, 2008 10:08am Nov 24, 2008 10:08am
Quoting SteveHopwood
Are you trying to manage the basket with the ea? If so, you have the wrong settings. Turn off ManageThisPairOnly and ManageAllTrades. Turn on ManageBasketTrades and set your jumping stop etc within the basket trade features.

The management ea is effectively two managers in one. One manages single trades or groups of related trades; the second treats the entire position as a basket. The two are incompatible with one another.


Cheers Steve, things seem better now.

Can I ask as i trade in GDP (account base currency) rather than $ what settings should I have below?
Attached Image
  • #645
  • Nov 24, 2008 10:15am Nov 24, 2008 10:15am
Quoting kenshandjaya
if you don't mind, can you give us your trade manager's settings? thank you
Attached:

  1. Pic of the 16.00 gmt basket I just took out.
  2. The management set I am using to manage it.

Attached Image (click to enlarge)
Click to Enlarge Name: es basket.gif Size: 37 KB
  • #646
  • Nov 24, 2008 10:17am Nov 24, 2008 10:17am
Quoting eddiemiller
Cheers Steve, things seem better now.

Can I ask as i trade in GDP (account base currency) rather than $ what settings should I have below?
No idea, Eddie. Try simply replacing dollar figures with sterling figures and see what happens.

  • #647
  • Nov 24, 2008 10:18am Nov 24, 2008 10:18am
Quoting Kang_Gun
I open the trade when it's cross, And close the trade when it's cross again. but sometime i just set the total profit target only, and wait the cross to open the next trade.

KG
Do you want the EA to close all previous basket trades on reverse cross? or just leave previous basket trades open and open another basket on next cross?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #648
  • Nov 24, 2008 10:24am Nov 24, 2008 10:24am
Quoting SteveHopwood
No idea, Eddie. Try simply replacing dollar figures with sterling figures and see what happens.

Didn't you code this?
  • #649
  • Nov 24, 2008 10:25am Nov 24, 2008 10:25am
KG - I am not getting the lines on the last EA. I have re-installed twice.

Any ideas?
Attached Image (click to enlarge)
Click to Enlarge Name: 24112008_1621.gif Size: 90 KB
  • #650
  • Nov 24, 2008 10:43am Nov 24, 2008 10:43am
Quoting eddiemiller
KG - I am not getting the lines on the last EA. I have re-installed twice.

Any ideas?
In order to display the lines on the chart correctly, try switching to a higher timeframe and then go to 1H again. I did that and the lines appeared. Hope this helps.

Regards,
Peter
  • #651
  • Nov 24, 2008 10:45am Nov 24, 2008 10:45am
Quoting peter_est
In order to display the lines on the chart correctly, try switching to a higher timeframe and then go to 1H again. I did that and the lines appeared. Hope this helps.

Regards,
Peter
Magic! That fixed it..... many thanks.....
  • #652
  • Nov 24, 2008 10:54am Nov 24, 2008 10:54am
I seem to have gone from one extreme to the other!

I trade 0.1 and 0.01 lots and the take profits never seem to respect this figure - is it a $ figure, account value figure or pip count?
Attached Image (click to enlarge)
Click to Enlarge Name: 24112008_1651.gif Size: 82 KB
  • #653
  • Nov 24, 2008 11:14am Nov 24, 2008 11:14am
is anyone taking this signal??
Attached Image (click to enlarge)
Click to Enlarge Name: tim23.gif Size: 17 KB
  • #654
  • Nov 24, 2008 11:16am Nov 24, 2008 11:16am
I have taken it.

  • #655
  • Nov 24, 2008 11:18am Nov 24, 2008 11:18am
Quoting matrixebiz
Do you want the EA to close all previous basket trades on reverse cross? or just leave previous basket trades open and open another basket on next cross?
Close all previous on reverse cross.

Thanks

KG
  • #656
  • Nov 24, 2008 11:18am Nov 24, 2008 11:18am
It is going well. Breakeven at +10 locked in.

  • #657
  • Nov 24, 2008 11:20am Nov 24, 2008 11:20am
Quoting RaverStyleTim2
is anyone taking this signal??
Yes me too

KG
Attached Image (click to enlarge)
Click to Enlarge Name: basket15.jpg Size: 173 KB
  • #658
  • Nov 24, 2008 11:25am Nov 24, 2008 11:25am
awesome lol. making sure that i'm not lost on anything
  • #659
  • Nov 24, 2008 11:27am Nov 24, 2008 11:27am
Quoting SteveHopwood
It is going well. Breakeven at +10 locked in.

already +900 now.
It's fun right? enjoy it hahahahahahaha

Steve, could paste your setup (Multipurpose_Trade_Manager) for this basket system ?

Thanks

KG
  • #660
  • Nov 24, 2008 11:29am Nov 24, 2008 11:29am
Quoting peter_est
In order to display the lines on the chart correctly, try switching to a higher timeframe and then go to 1H again. I did that and the lines appeared. Hope this helps.

Regards,
Peter
Thank you

KG
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