Relative Strength Basket Trading System | Page 54 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading system using relative strength 2,816 replies

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

Trading System Using Relative Strength-Part 2 1,499 replies

My version of a relative strength basket 2 replies

Attachments: Relative Strength Basket Trading System
Exit Attachments

Relative Strength Basket Trading System

  • #1,061
  • Nov 28, 2008 7:16am Nov 28, 2008 7:16am
Quoting crushbeat
wow.. it gives more confident...

may i know your winning ratio? how far is the consistency?
does it exceed 80%?

thanks steve
Yes it is. I can't say exactly what it is because I have not kept a record, but losing baskets have been few and far between.

KG was using FerruFx's indi when he first talked about the xxxJPY basket - you can read about it at http://www.forexfactory.com/showthre...=1#post2345561 if you want. I have a great deal of respect for KG and FerruFx; I expect they have for each other. If one uses the other's stuff, you can guarantee it is good.

What KG is doing here is taking his strategy further and developing his own indis for it. The rest of us are along for what we can learn and, just occasionally, contribute usefully.

  • #1,062
  • Nov 28, 2008 7:19am Nov 28, 2008 7:19am
Quoting LT man
to KG
Please explain. Like you see on chart, KG RS group show me JPY strong and goes to weak this moment. RS Group JPY show WEAK. So if RS GROUP will reverse to STRONG this moment, I must sell EUR/JPY,USD/JPY .... , because KG RS group show strongest JPY and RS Group JPY is STRONG. Corect?
If RS_GROUP_JPY then reverse to be STRONG again, and JPY still the strongest at KG_RS_GROUP you can SELL all jpy pairs to fill your basket.

Hope it's help

KG
  • #1,063
  • Nov 28, 2008 7:20am Nov 28, 2008 7:20am
That experimental reversal speculation trade of mine is starting to look as though it might succeed. The signal has turned weak, the gap between the numbers is growing, the dd is dropping and the white JPY Group line is heading south rapidly.

Watch this space.

  • #1,064
  • Nov 28, 2008 7:28am Nov 28, 2008 7:28am
Quoting eddiemiller
No No!

I had an issue where after opening a few trades it just decided to not open any more....
Ok, make sure your using the latest EA with the indicator I posted with it. I fixed the issue with it stops trading and with opening multiple orders on the same bar when orders were just closed. You must have an older version.
Here, I'll post again but remember this EA is not for this new system, it's for the original one that started this thread. I haven't posted this new system EA yet, I'm still testing it and need to get the final rules that you guys can come up with to help avoid the bad trades.
Attached File(s)
File Type: ex4 KG MTF EA.ex4   42 KB | 497 downloads
File Type: ex4 Formula_2 MTF.ex4   16 KB | 522 downloads
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,065
  • Nov 28, 2008 7:35am Nov 28, 2008 7:35am
OK I am in as well as the gap between the numbers hit 10+ (just)

It held at +8 for a while.

It is also on the 50% line now.

Eddie
Attached Image (click to enlarge)
Click to Enlarge Name: 28112008_1333.gif Size: 69 KB
  • #1,066
  • Nov 28, 2008 7:43am Nov 28, 2008 7:43am
Quoting matrixebiz
Ok, make sure your using the latest EA with the indicator I posted with it. I fixed the issue with it stops trading and with opening multiple orders on the same bar when orders were just closed. You must have an older version.
Here, I'll post again but remember this EA is not for this new system, it's for the original one that started this thread. I haven't posted this new system EA yet, I'm still testing it and need to get the final rules that you guys can come up with to help avoid the bad trades.
Cheers fella - I did have the most up to date version already installed.

The MTF EA has just missed..... big time......

Eddie
Attached Image (click to enlarge)
Click to Enlarge Name: 28112008_1341.gif Size: 37 KB
  • #1,067
  • Nov 28, 2008 7:44am Nov 28, 2008 7:44am
The ea has locked the experimental basket at breakeven, so I have piled in with a second basket.............

Which got closed because a brief retrace hit the breakeven point that I had forgotten to reset.

Hey ho. Still, the idea worked in principle. More experimentation next week, I think.

  • #1,068
  • Nov 28, 2008 7:49am Nov 28, 2008 7:49am
Quoting matrixebiz
I haven't posted this new system EA yet, I'm still testing it and need to get the final rules that you guys can come up with to help avoid the bad trades.
I was hoping you might be.

  • #1,069
  • Edited 9:28pm Nov 28, 2008 7:50am | Edited 9:28pm
Dear Matrixebiz,

Here are the buffers for KG_RS_GROUP:

0 --> usd
1 --> eur
2 --> gbp
3 --> chf
4 --> jpy
5 --> aud
6 --> cad
7 --> nzd

Hope it's help

KG
  • #1,070
  • Nov 28, 2008 8:01am Nov 28, 2008 8:01am
Thanks everyone for answers.
So what i did. I opened BUY EUR/JPY, USD/JPY, ... , this moment like you see in chart placed above. I take profit now. Today make two trades both with profit. For example if KG RS GROUP show JPY weak, line is near 0 and RS GROUP JPY reverse from WEAK to STRONG I sell all pairs.
What I did see below. Maybe it's crazy but today it's work.
Attached Image (click to enlarge)
Click to Enlarge Name: anfor3_html_1684d18.jpg Size: 192 KB
  • #1,071
  • Nov 28, 2008 8:17am Nov 28, 2008 8:17am
Quoting eddiemiller
Cheers fella - I did have the most up to date version already installed.

The MTF EA has just missed..... big time......

Eddie
That EA is just trading according to what the MA strengths were on the two bars. I see you have a Sell trade on EURCAD which would mean that if you load the Formula MTF indicator on the chart you'll see that EUR Negative and CAD Positive. I do have another version based on FurrEX v2 indi where you can control the Trade levels but that is another system so didn't post it here.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,072
  • Edited 9:31am Nov 28, 2008 8:34am | Edited 9:31am
Quoting Kang_Gun
Dear Matrixebiz,

Here are the buffers for KG_RS_GROUP:

0 --> usd
1 --> jpy
2 --> chf
3 --> cad
4 --> gbp
5 --> aud
6 --> eur
7 --> nzd

Hope it's help

KG
Yes, this I know but waiting to see if you guys come up with a good filter for the bad trades. There have been a few suggestions like 3 MA's filter or KG_RS_GROUP white JPY higher or lower than all the other currencies, or etc.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,073
  • Nov 28, 2008 8:45am Nov 28, 2008 8:45am
Matrixebiz, is it possible to get hold of the source code behind KG MFT EA as i would like to test some changes and i have allot of time on my hands.
  • #1,074
  • Nov 28, 2008 8:47am Nov 28, 2008 8:47am
Quoting mt41969
Matrixebiz, is it possible to get hold of the source code behind KG MFT EA as i would like to test some changes and i have allot of time on my hands.
I didn't want to have many versions out there. You can PM me if you would like some changes done and test but don't want to post different versions in the thread to clutter it up.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,075
  • Nov 28, 2008 9:05am Nov 28, 2008 9:05am
Quoting Kang_Gun
I have received 8 pm till today asking to make RS GROUP for the other currency... so here are :

Explore, observe and share it here what ever you got that could help us to develop this Basket System.

Thanks

KG
GRACIAS POR SUS INDICADORES. UD. ES UN MAESTRO.

PODRIA RECTIFICAR ESTOS INDICADORES?

RS_GROUP_CAD V1.0
RS_GROUP_NZD V1.0

GRACIAS Y FELICITACIONES POR SU GRAN TRABAJO Y EL APOYO QUE NOS DA.
Attached Image
IH - B221 Return Today: -0.2%
  • #1,076
  • Nov 28, 2008 9:14am Nov 28, 2008 9:14am
Quoting Vicente
GRACIAS POR SUS INDICADORES. UD. ES UN MAESTRO.

PODRIA RECTIFICAR ESTOS INDICADORES?

RS_GROUP_CAD V1.0
RS_GROUP_NZD V1.0

GRACIAS Y FELICITACIONES POR SU GRAN TRABAJO Y EL APOYO QUE NOS DA.
You'r welcome,

Could you write in English please? I don't know what is your question.. or anybody could translate it ?


Thanks

KG
  • #1,077
  • Nov 28, 2008 9:24am Nov 28, 2008 9:24am
Quoting Kang_Gun
You'r welcome,

Could you write in English please? I don't know what is your question.. or anybody could translate it ?


Thanks

KG

He is like most spanish people, they think everyone speaks their language lol
He's thanking you for the indicators and praising your skills. Plus he is asking for some kind of rectification on the indicator he posted...
  • #1,078
  • Nov 28, 2008 9:36am Nov 28, 2008 9:36am
Quoting SteveHopwood
I was hoping you might be.

Yes looks good but just need another confirmation indicator. Tried the Group indicator suggestion checking/confirming if JPY was Higher or Lower than all the other currencies before entering and did have a good trade confirming both indicators but then missed a good trade just because JPY was in the middle.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,079
  • Nov 28, 2008 9:56am Nov 28, 2008 9:56am
Quoting Kang_Gun
You'r welcome,

Could you write in English please? I don't know what is your question.. or anybody could translate it ?


Thanks

KG
Sorry, I don't speak English.

Something this wrong in these 2 indicators
To see it compare the images.
Thank you

RS_GROUP_CAD V1.0

RS_GROUP_NZD V1.0

RS_GROUP_NZD V1.0
IH - B221 Return Today: -0.2%
  • #1,080
  • Nov 28, 2008 10:01am Nov 28, 2008 10:01am
Hi Matrixebiz,

Thanks for all you contributions. I believe that 2 out of 3 good trades is awesome. I doubt that any EA can be perfect. Where do we draw the line? I am using the KG MTF EA, plus 2 of your earlier EA's which are CCFpvd3 and the CCFpvd3 SD EA. In usually one of the two latter ones has a good basket of trades while the other one does not. All are on a demo account. Do you recommend deleting the last two and sticking with KG MTF EA? Thanks.

Misterpipster
0 traders viewing now