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Relative Strength Basket Trading System

  • #1,121
  • Nov 30, 2008 9:32pm Nov 30, 2008 9:32pm
Hello KG, first of all I want to thank you for good work done.

I have 2 questions if you please to ask:

1-How do you calculate the RS_KG_group lines/currencies? absolut between other currencies or percentage?(I see that the value oscilate 0-100 wich is very good) can you give us an example?

2-Would you change the RS_KG_group indicator to be used in any TimeFrame?

Thank you
  • #1,122
  • Nov 30, 2008 9:45pm Nov 30, 2008 9:45pm
Quoting kinsky
Hello KG, first of all I want to thank you for good work done.

I have 2 questions if you please to ask:

1-How do you calculate the RS_KG_group lines/currencies? absolut between other currencies or percentage?(I see that the value oscilate 0-100 wich is very good) can you give us an example?

2-Would you change the RS_KG_group indicator to be used in any TimeFrame?

Thank you
hehehehehe

1. Sorry i can't share it now... hope you could understand. but it's calculate all the pairs strength so you need broker which have 28 pair minimum (all pairs related to usd, jpy, gbp, nzd, cad, aud, eur and chf).

2. Still working on that.

Thanks

KG
  • #1,123
  • Nov 30, 2008 10:34pm Nov 30, 2008 10:34pm
I'm trying to load the RS_Group_JPY V1.0.exe indicator on my chart and it does not even display in the indicator list. Canh someone help with this? Thanks
CanuckCT
  • #1,124
  • Nov 30, 2008 10:38pm Nov 30, 2008 10:38pm
Quoting CanuckCT
I'm trying to load the RS_Group_JPY V1.0.exe indicator on my chart and it does not even display in the indicator list. Canh someone help with this? Thanks
CanuckCT
Make sure you load it on a H1 chart and the indicator is copied correctly into the expert/indicator folder.
  • #1,125
  • Dec 1, 2008 2:08am Dec 1, 2008 2:08am
I'm still hold my first trade till this afternoon...

KG
Attached Image (click to enlarge)
Click to Enlarge Name: a2.jpg Size: 260 KB
  • #1,126
  • Dec 1, 2008 2:42am Dec 1, 2008 2:42am
All positions are safe now. Multi_Purpose_Trade_Manager EA already set SL to +2. I will let i run till KG_RS_GROUP & RS_GROUP_JPY send the signal to close all the trade base on the rules.

KG
Attached Image (click to enlarge)
Click to Enlarge Name: a3.jpg Size: 265 KB
  • #1,127
  • Dec 1, 2008 5:16am Dec 1, 2008 5:16am
Here is my first of the week, taken at the turn from the top of the latest movement.

Attached Image (click to enlarge)
Click to Enlarge Name: jpy basket.gif Size: 59 KB
  • #1,128
  • Dec 1, 2008 5:38am Dec 1, 2008 5:38am
Quoting SteveHopwood
Here is my first of the week, taken at the turn from the top of the latest movement.

Be carefull, JPY still the 2nd highest currency on KG_RS_GROUP

Thanks

KG
  • #1,129
  • Edited 5:54am Dec 1, 2008 5:41am | Edited 5:54am
I took a fast 300 pips last night at the first high, the [STRONG] had a difference of 10 between the two numbers so I jumped in at GMT 23:58 and got out at 01:21 300 pip gain, very nice, although not as nice as KGs trade as he'll be up to many more pips!

Cal
  • #1,130
  • Dec 1, 2008 5:44am Dec 1, 2008 5:44am
Quoting currymonster
I took a fast 300 pips last night at the first high, the [STRONG] had a difference of 10 between the two numbers so I jumped in at 23:58 and got out at 01:21 300 pip gain, very nice, although not as nice as KGs trade as he'll be up to many more pips!

Cal
Great Cal, only 1 hours for 300 pips...

KG
  • #1,131
  • Dec 1, 2008 5:54am Dec 1, 2008 5:54am
Quoting currymonster
I took a fast 300 pips last night at the first high, the [STRONG] had a difference of 10 between the two numbers so I jumped in at 23:58 and got out at 01:21 300 pip gain, very nice, although not as nice as KGs trade as he'll be up to many more pips!

Cal
I wish I was awake for that, my damn computer rebooted by it self last night so my platforms were not open to trade
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,132
  • Dec 1, 2008 6:11am Dec 1, 2008 6:11am
to Steve
Good shot. I wait this moment too, but late open pozitions.
  • #1,133
  • Dec 1, 2008 6:28am Dec 1, 2008 6:28am
using 2 demos at the same time for comparison, I took a "long" trade on the first one (shown in the image) at presumably the highest point up. On the other demo, I took three "short" trade that lasted for 16, 2, and 60 min, respectively, while the first "long" trade on the first demo is still on with huge loss.

Jeff
Attached Image (click to enlarge)
Click to Enlarge Name: 1.JPG Size: 248 KB
  • #1,134
  • Dec 1, 2008 6:36am Dec 1, 2008 6:36am
With my rules for this week, i still don't have any sign to open BUY. My first SELL still open.

Thanks

KG
  • #1,135
  • Dec 1, 2008 6:50am Dec 1, 2008 6:50am
Quoting Kang_Gun
With my rules for this week, i still don't have any sign to open BUY. My first SELL still open.

Thanks

KG
Salam KG,
How would you deal with the following?
KG RS JPY (weak) and KG RS XXX, JPY the storngest!

Jeff
Attached Image (click to enlarge)
Click to Enlarge Name: 5.JPG Size: 189 KB
  • #1,136
  • Dec 1, 2008 7:10am Dec 1, 2008 7:10am
Quoting jeff jordan
Salam KG,
How would you deal with the following?
KG RS JPY (weak) and KG RS XXX, JPY the storngest!

Jeff
NO TRADE
If you have SELL you can hold it or CLOSE it... till the new sign appear.

Thanks

KG
  • #1,137
  • Dec 1, 2008 7:13am Dec 1, 2008 7:13am
Quoting jeff jordan
Salam KG,
How would you deal with the following?
KG RS JPY (weak) and KG RS XXX, JPY the storngest!

Jeff
Check the rules for my observations this week here: http://www.forexfactory.com/showpost...postcount=1096

Thanks

KG
  • #1,138
  • Dec 1, 2008 7:34am Dec 1, 2008 7:34am
Quoting Kang_Gun
Check the rules for my observations this week here: http://www.forexfactory.com/showpost...postcount=1096

Thanks

KG
Do you take care of any oversold/overbought signs to take profit or close the basket?
  • #1,139
  • Dec 1, 2008 7:46am Dec 1, 2008 7:46am
Quoting LT man
to Steve
Good shot. I wait this moment too, but late open pozitions.
Hehe. It isn't looking great at the moment. We shall see.

  • #1,140
  • Dec 1, 2008 7:48am Dec 1, 2008 7:48am
Quoting MCFly
Do you take care of any oversold/overbought signs to take profit or close the basket?
I don't have any indicators that show me OB/OS on this week observations. To close the trade i'm trying to close it when the reverse sign appears... Just for testing that i need.

Thanks

KG
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