Relative Strength Basket Trading System

You have better result i believe

Nice. Simple yet informative.

Btw, when do the discussion or the evaluation about the fix rules after this week test? is it next monday?

Is anyone using the Orest indy for trading just strength on pair or two? There is a thread on it I thought it might be in this one? Thanks

Good afternoon all

KG

Hi everyone
i am a new comer but have been following this thread with keen interest to me having the ability to know at a glance which ccy is strong and which is weak is a big boost,i havve been trying all suugestions as regards entry and exit rules and have been able to come up with the following observations:-
I only use the KG RS GROUP INDICATOR Trading only strong versus weak CCY's STRONG i mean value from 80 and above WEAK 20 and below,even though i miss some good opportunities but i have not have a lost yet using this rule.
Secondly i dont take trades near support and resistance areas.
NOW KG,
I am wondering whether it will be possible to put an alarm system on the KG RS GROUP INDICATOR for an alert when a CCY is gaining strenght from 70 and above or 30 and below,Secondly it will be good also to put the feature for maximum trade on the KG LONG OR SHORT SINGLE EA, As it is now it opens trade unlimited untill disabled but if this feature is added you can always work on specified number of trades to be opened i hope i have made any sense at all.thanks for every one contributing to this great system.

Hey KG, can you fix a couple things with the KG RS GROUP indicator.
See Pic;
1) The Order of currencies on the Chart don't agree with the Order they are on the buffers. e.g. EUR on chart is 5th down but in the buffers it is 7th down
2) The colors don't reset when attaching indicator to chart. When I load the indicator on my chart all colors are Black and by clicking the Reset button doesn't fix them to what they are supposed to be. They stay Black.

Thank you

Afternoon all

Looks good on the current chart for a buy, but then it keeps shifting.

Eddie

hello everyone
I still use this strategy:
Buy : RS_GROUP_JPY (reverse from STRONG to WEAK) & on KG_RS_GROUP ==> JPY > XXX (JPY is close to 100)

Sell : RS_GROUP_JPY (reverse from WEAK to STRONG) & on KG_RS_GROUP ==> JPY < XXX (JPY is close to 0 )

today all trades take profit. one problem I can't find when close positions and I close positions too early.

That white line has almost changed direction in a few minutes.... form this will it go to the top and wipe me out or is it going down?

Eddie

Safer trading than me, but you are missing 80% of the trade which will limit your profits, but I guess you know that?

Eddie

yes I know

Strong > 60 and Weak < 40 works very well.

take a little bit risk and ...

But the 2 KG indicators aren't shown on your chart?

Eddie

no problem, I use just KG indicators, now attached

again take profit very early, not good.

I have been forced to "hedge" at the -£18 mark as things are still going the wrong way for me.

I know this strategy only works if my exit is 100% spot on - so do I:

1. Close the "sells" as soon as it turns back to "Weak"
2. On KG RS Group Do I wait to close all the sells until the white line is below all others
3. Wait until the basket total reaches a slightly lower -£ total and get out (the basket value should fluctuate very much)

Any advice on exit please......

Eddie

Hi All,

Here are the new version of our indicators (It's not mine, it's our indicators). We can use it in all Time Frame now.

I hope we all could test it and find the best rules for Entry & Exit. Please, keep work together. Explain clearly and discuss all your rules that you use for observations. Open your mind to the other member suggestions, because we will learn each others.

And I think we need a volunteer to be a moderator when we discuss about Entry and Exit rules. Any suggestion who will be a moderator?

Thank's

KG

PS: ALL INDICATORS NEED 28 PAIRS FOR CALCULATIONS SO YOU NEED A BROKER WHICH HAS 28 PAIRS. I SUGGEST FXOPEN.

Can you tell us ll the main difference on the new indicator? (please)

Edide

Hi eddie,

The main different is we can use it at any Time Frame from M1 to MN. The previous version only work at H1. And on RS_GROUP_XXX i make it a little bit sensitive then the previous one.

Hope it's help

KG

to KG
thanks, you are Great man. I think your old indicators is wonderful, but we check and new.