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Relative Strength Basket Trading System

  • #721
  • Nov 24, 2008 10:48pm Nov 24, 2008 10:48pm
maybe we should wait since the indi is very high at the moment...

correct?

thanks
  • #722
  • Nov 24, 2008 10:51pm Nov 24, 2008 10:51pm
Quoting crushbeat
hi KG,

do you see anything wrong?

thanks
We have already discuss it above.
If you see at KG_RS_GROUP jpy still the strongest currency at that moment.

Thank you,

KG
  • #723
  • Nov 25, 2008 12:14am Nov 25, 2008 12:14am
here is the trade that i take a couple minutes ago. At KG_RS_GROUP, JPY already below 50. And RS_GROUP_JPY say WEAK.

Hope it's help

KG
Attached Image (click to enlarge)
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  • #724
  • Nov 25, 2008 12:23am Nov 25, 2008 12:23am
Quoting SteveHopwood
Here you go, KG. I have zipped it so I can attach it here.


Hi, steve !
maybe it's a silly question but i need to ask it..where do we suppose to put his file in our MT4?
thank you for the file...
  • #725
  • Nov 25, 2008 1:47am Nov 25, 2008 1:47am
statment

Profit took as +20 pip for each contract
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  • #726
  • Nov 25, 2008 1:50am Nov 25, 2008 1:50am
Here is the current result... still grow

Hope it's help

KG
Attached Image (click to enlarge)
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  • #727
  • Nov 25, 2008 2:02am Nov 25, 2008 2:02am
this week I will work with strategy:
open position when Highest lowest index lines cross one other and KG RS GROUP JPY line cross 50 line together, or KG RS GROUP JPY line cross 50 line after some time. I think better is get confirmation from KG RS GROUP, after Highest lowest index lines cross one other.
  • #728
  • Nov 25, 2008 2:05am Nov 25, 2008 2:05am

Steve,
Could you please be open-hearted to answer the following questions related to Multi Purpose trade Manger EA:
1- Does the EA function on an open basket with pre-determined TP & SL while the PC is turned OFF. Having in mind that the settings were the same for 3 previous trades successfully closed at the pre-set TP while the PC was ON?
2- On the left top corner of the chart the following are given:
….Take Profit $ 20.0
…..Calculated TP $ 8.4
a- What is the difference between them?
b- Which one is supposed to be triggered by the EA?

Appreciate your feed back.
Regards
Jeff

  • #729
  • Nov 25, 2008 2:07am Nov 25, 2008 2:07am
Quoting LT man
this week I will work with strategy:
open position when Highest lowest index lines cross one other and KG RS GROUP JPY line cross 50 line together, or KG RS GROUP JPY line cross 50 line after some time. I think better is get confirmation from KG RS GROUP, after Highest lowest index lines cross one other.
LT, could you post your chart setup please....

KG
  • #730
  • Nov 25, 2008 2:21am Nov 25, 2008 2:21am
Quoting harigp
statment

Profit took as +20 pip for each contract
Clever... it will give you a high probility your profit will be hit..

Great idea hari,

Thanks

KG
  • #731
  • Nov 25, 2008 2:23am Nov 25, 2008 2:23am
Jeff,

I can answer the first one for you.... if your PC is off, or if mt4 isn't running, or if the EA isn't running it wont work.

I will leave the rest for Steve as it's his EA (and a good one at that).

Eddie



Quoting jeff jordan
[left]Steve,
Could you please be open-hearted to answer the following questions related to Multi Purpose trade Manger EA:
[font=Times New Roman][b]1-...
  • #732
  • Nov 25, 2008 2:35am Nov 25, 2008 2:35am
I waiting signal for open position.
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  • #733
  • Nov 25, 2008 2:47am Nov 25, 2008 2:47am
if you will see on chart, when KG RS GROUP chart JPY line crossing 50 line after some time when Highest Lowest Index lines cross one other, it's confirm signal to open position. if JPY line not cross 50 line is wrong signal. so it's better wait when JPY line cross 50.
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  • #734
  • Nov 25, 2008 2:50am Nov 25, 2008 2:50am
Quoting LT man
I waiting signal for open position.
I am still learning to.... and from your chart (above) there are several indications for the sort of entry you are looking for:

 

  1. Weak (high number > low number)
  2. Red and white lines cross AND
  3. (multi coloured line window) the white line is down and under the 50 level

This is a clear signal as I understand it.

I am now waiting for the next one..........

Eddie

Attached Image (click to enlarge)
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  • #735
  • Nov 25, 2008 3:09am Nov 25, 2008 3:09am
there is trade which I open but late a little bit. This moment trade is open and will see what will hapen.
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  • #736
  • Nov 25, 2008 3:18am Nov 25, 2008 3:18am
to Eddie

this signals which you mark with circles I think is wrong like you see chart is range. KG RS group chart line JPY crossed 50 line very late. It's better when JPY line cross 50 line early aftrer Highest Lowest index lines cross one over

trade after some minutes. I LIKE IT
Attached Image (click to enlarge)
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  • #737
  • Nov 25, 2008 3:22am Nov 25, 2008 3:22am
Hi all,
When I login to real account with the same setting as demo account,
i found that I have a different KG RS Group condition.
Here i attach the picture.
Can any body explain why could this happen ?
Attached Image (click to enlarge)
Click to Enlarge Name: kg jpy.gif Size: 23 KB
  • #738
  • Nov 25, 2008 3:30am Nov 25, 2008 3:30am
Quoting Suma Han
Hi all,
When I login to real account with the same setting as demo account,
i found that I have a different KG RS Group condition.
Here i attach the picture.
Can any body explain why could this happen ?
either your demo account is not with the same broker or they are using two different feeds. cant really downplay your broker on this forum though, but it is possible that your broker is doing unscrupulous things.....
  • #739
  • Nov 25, 2008 3:30am Nov 25, 2008 3:30am
what is wrong on this chart? I opened my live account all is ok.
  • #740
  • Nov 25, 2008 3:32am Nov 25, 2008 3:32am
I closed my trade +400 USD. Not bad.
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