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Relative Strength Basket Trading System

  • #781
  • Nov 25, 2008 7:23am Nov 25, 2008 7:23am
The white was just crossed red up but suddently changed its course and moving down now and the KG rs group number reached up to 78


From 50 to 78 and back now to 40
  • #782
  • Nov 25, 2008 7:23am Nov 25, 2008 7:23am
Ok, well the trades did finally go into profit

When I add the indicator to the chart it makes it go real slow.
Anyway to optimize the indicators a bit?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #783
  • Nov 25, 2008 7:23am Nov 25, 2008 7:23am
Quoting Kang_Gun
Eddie,

I take all the trade base on crossing at RS_GROUP_JPY V1.0 indicator and JPY condition at KG_RS_GROUP. I'll take the crossing signal when JPY almost or already cross 50 level at KG_RS_GROUP indicator.

I have two times bad entry, it's not bad actually because when i open the trade it's already (both) made around 100 pips profit but immediatly the price reverse. In both situation i did hedge with double lot and close with profit.

Hope it's help

KG
Magic. So for my simple mind (any any one else who keeps asking) we have:

Rules for use

[STRONG] RS_Group_JPY V1.0 - White line crosses ABOVE red line AND above 50% line - KG RS Group shows white line going above all others (or near to top)

[WEAK] RS_Group_JPY V1.0 - White line crosses BELOW red line AND BELOW 50% line - KG RS Group shows white line going below/down all others (or near to bottom)
  • #784
  • Nov 25, 2008 7:25am Nov 25, 2008 7:25am
Quoting jeff jordan

eddi,

Thanks for the clarification. You see, we " the poor" do answer each other because we feel the frustration when things go bad, however, the " the wealthy" who are collecting many pips do not even look at our posts, that is pity!!! Just kidding


[left][b][size=3][font=Times New Roman]There is no obligation from any one to answer, of course, even steve "the king of coding" –and I am very serious in calling you...
Jeff, i'm so sorry if i could answer it i will answer but i could not answer your questions (the first i think already answer by eddie)

Thanks

KG
  • #785
  • Nov 25, 2008 7:28am Nov 25, 2008 7:28am
Quoting matrixebiz
Ok, well the trades did finally go into profit

When I add the indicator to the chart it makes it go real slow.
Anyway to optimize the indicators a bit?
I will work on that too... jess this reasearch make me busy.. hehehehehe
Glad to see you around here now

KG
  • #786
  • Nov 25, 2008 7:29am Nov 25, 2008 7:29am
Quoting harigp
The white was just crossed red up but suddently changed its course and moving down now and the KG rs group number reached up to 78


From 50 to 78 and back now to 40
it's ranging my friend... see last 3 candles H1 for all jpy pairs

KG
  • #787
  • Nov 25, 2008 7:34am Nov 25, 2008 7:34am
Quoting Kang_Gun
I forgot to explain something important about RS_GROUP_JPY. But LT_Man already mention it in a few post behind.

50 is the border between STRONG & WEAK Area. We can take the trade base on crossing red and white line but we have to check those line could pass 50 level or not.

Example: Let's say the red and white line crossing (weak) at area around 83 and then those line going down, but then both line looks like could not pass 50 level... it's give us an information that the weak fase will be finish and reverse to strong fase.

(I hope i explain...
thanks KG for your explanation...
that's why i lost all the time.. hehe
  • #788
  • Nov 25, 2008 7:37am Nov 25, 2008 7:37am
Made a mistake. Candle wasn't close.
  • #789
  • Nov 25, 2008 7:37am Nov 25, 2008 7:37am
to KG
this system something unreal. Wish you nice pips.
  • #790
  • Nov 25, 2008 7:48am Nov 25, 2008 7:48am
Dear all,
I think we have to watch closely the economic indicator especially
with high impact that will be released.
There is Prelim GDP q/q news be released when direction of KG RS Group
line change.
Maybe it's better to trade after the ecnomic indicator be released.
What do all of you think about this ?
  • #791
  • Nov 25, 2008 7:54am Nov 25, 2008 7:54am
Hi all!
Thanks for a great system!
Nevertheless I have a problem: I use FXDD MT4 and am unable to download the "multi purpose manager" and the KG JPY Basket Long and short!!!
Could anyone help me???
Thanks a lot
A.
  • #792
  • Nov 25, 2008 7:57am Nov 25, 2008 7:57am
i open buy all xxx/jpy when RS_GROUP_JPY crossing the 50 line

here it is after 5 minutes
http://i241.photobucket.com/albums/f...radig5meni.gif

i close my nano account at+240,and keep this demo account running
  • #793
  • Nov 25, 2008 7:57am Nov 25, 2008 7:57am
Quoting Suma Han
Dear all,
I think we have to watch closely the economic indicator especially
with high impact that will be released.
There is Prelim GDP q/q news be released when direction of KG RS Group
line change.
Maybe it's better to trade after the ecnomic indicator be released.
What do all of you think about this ?
Agree

KG aka Suma Ceng Liong
  • #794
  • Nov 25, 2008 8:00am Nov 25, 2008 8:00am
Quoting LT man
to KG
this system something unreal. Wish you nice pips.
Thank you... i don't believe it too... hope the final development more unreal than now.... hehehehe

KG
  • #795
  • Nov 25, 2008 8:04am Nov 25, 2008 8:04am
Quoting onlyirvan
i open buy all xxx/jpy when RS_GROUP_JPY crossing the 50 line

here it is after 5 minutes
i close my nano account at+240,and keep this demo account running
Wouldn't do that. Look at the chart history. It's not promising only to buy sell when the rs_group inditacor crosses 50. It has to be above all other pairs and therefor you need the second indicator.
  • #796
  • Nov 25, 2008 8:08am Nov 25, 2008 8:08am
hi,

this is my trades.. according to the rules..
thanks
  • #797
  • Nov 25, 2008 8:15am Nov 25, 2008 8:15am
sorry,
forget to attach the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: 3.png Size: 94 KB
  • #798
  • Nov 25, 2008 8:16am Nov 25, 2008 8:16am
to Onlyirvin

it's just luck, please see both indicators High Lowest index and KG RS Group for opening.
KG gave all explanation above.
  • #799
  • Nov 25, 2008 8:48am Nov 25, 2008 8:48am
hi,

20 minutes after placed the trades, it became +500$
in 45 min, it became -$104..

confused..
  • #800
  • Nov 25, 2008 8:49am Nov 25, 2008 8:49am
Quoting MCFly
Wouldn't do that. Look at the chart history. It's not promising only to buy sell when the rs_group inditacor crosses 50. It has to be above all other pairs and therefor you need the second indicator.

you`re right..i juts get too excited after this morning trying this on my nano account. i guess i need to get back to my demo account to get use to this strategy and understand it more

thx for reply guys..really apreciate it...
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