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Relative Strength Basket Trading System

  • #1,781
  • Dec 14, 2008 1:41am Dec 14, 2008 1:41am
Quoting matrixebiz
Did you download the new indicators v1.2? KG made it easy to check, he included the difference on the chart. So if the Difference between the Red line and the White line is +/- 10 See pic
Sorry, can't find it. Someone can send it?
  • #1,782
  • Dec 14, 2008 2:32am Dec 14, 2008 2:32am
  •  bengong
  • | Joined Jun 2008 | Status: oalaaaahhhhhhhhh yo yoooooooo...... | 38 Posts
Quoting gav
Sorry, can't find it. Someone can send it?
here it is
  • #1,783
  • Dec 14, 2008 3:34am Dec 14, 2008 3:34am
Quoting gav
Sorry, can't find it. Someone can send it?
attached
Attached File(s)
File Type: zip RS_GROUP_USD V1.2.zip   34 KB | 918 downloads
  • #1,784
  • Dec 14, 2008 4:09am Dec 14, 2008 4:09am
Could anyone here tell me how to copy the files into my metatrader4? I download them into my computer file and could open them with meta editor.but could not export them into metatrader4.tia.
  • #1,785
  • Dec 14, 2008 5:42am Dec 14, 2008 5:42am
Quoting bengong
here it is
I can't open it
  • #1,786
  • Dec 14, 2008 5:43am Dec 14, 2008 5:43am
Quoting jeff jordan
attached
I can't open it
  • #1,787
  • Dec 14, 2008 5:49am Dec 14, 2008 5:49am
  •  bengong
  • | Joined Jun 2008 | Status: oalaaaahhhhhhhhh yo yoooooooo...... | 38 Posts
Quoting gav
I can't open it
gosh.... it's a simple file and u can't open it ??? u don't know how to open a zip file or something wrong with ur pc ??
  • #1,788
  • Dec 14, 2008 6:03am Dec 14, 2008 6:03am
Quoting gav
I can't open it
They are a zipped file. You'll need a program to open them. Try Winzip or Filzip.
  • #1,789
  • Dec 14, 2008 6:21am Dec 14, 2008 6:21am
@ ^ Optimist ^ - I’ve noticed that to. Try removing them and adding them back again. Try a different currency. I didn’t do anything special.

@ showmethetrade – The indicators go into your experts/indicators folder and those trade were placed with my EA which I will post once KG approves the proper Rules for this system is the way he wants.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,790
  • Dec 14, 2008 6:21am Dec 14, 2008 6:21am
Quoting seamonkey
They are a zipped file. You'll need a program to open them. Try Winzip or Filzip.
Can you send it without zip ?
  • #1,791
  • Dec 14, 2008 7:26am Dec 14, 2008 7:26am
Quoting gav
Can you send it without zip ?
Send me a PM with your email address.
  • #1,792
  • Dec 14, 2008 9:20am Dec 14, 2008 9:20am
Quoting gav
I can't open it
here you are.
Attached File(s)
File Type: ex4 RS_GROUP_CAD V1.2.ex4   5 KB | 903 downloads
File Type: ex4 RS_GROUP_AUD V1.2.ex4   5 KB | 880 downloads
File Type: ex4 RS_GROUP_CHF V1.2.ex4   5 KB | 847 downloads
File Type: ex4 RS_GROUP_EUR V1.2.ex4   5 KB | 932 downloads
File Type: ex4 RS_GROUP_GBP V1.2.ex4   5 KB | 916 downloads
File Type: ex4 RS_GROUP_JPY V1.2.ex4   5 KB | 924 downloads
File Type: ex4 RS_GROUP_NZD V1.2.ex4   5 KB | 862 downloads
  • #1,793
  • Dec 14, 2008 9:22am Dec 14, 2008 9:22am
Quoting gav
I can't open it
last one
Attached File(s)
File Type: ex4 RS_GROUP_USD V1.2.ex4   5 KB | 820 downloads
  • #1,794
  • Dec 14, 2008 9:32am Dec 14, 2008 9:32am
KG,

Thanks for these excellent indicators.

Can you please explain what the criteria are for each currency to display "STRONG" or "WEAK"?

Thanks

^ Optimist ^
  • #1,795
  • Dec 14, 2008 10:14am Dec 14, 2008 10:14am
Quoting Kang_Gun
Base on my analysis and all test that i have done, RS_GROUP_XXX and KG_RS_GROUP work fine on Trending or Sideway market.

SIDEWAY is happened when the first currency is WEAK and the second currency is WEAK or when the first currency is STRONG and the second currency is STRONG. The best way that i can see is just open the basket trade for the pairs that on TRENDING condition.

Thanks,

KG
It is true that RS GROUP & KG RS JPY work excelent on a trending market, and the entry might be based on S(below 20)/R (above 80) (Steve's rule) and the 10-point diff (Eddies rule). However, waiting for the tow rules to occure and at different TMFs might take a long time (may or may not happen) and miss many good entries. The indicators might be utilized also on a sideway market using S/R (not extrems) and without the 10-point rule which is not applicable due to fast price fluctuation.

Jeff
  • #1,796
  • Dec 14, 2008 10:17am Dec 14, 2008 10:17am
Quoting jeff jordan
last one
After saving , the hole is stuck, can't enter the trade or anything
  • #1,797
  • Dec 14, 2008 10:23am Dec 14, 2008 10:23am
Quoting gav
After saving , the hole is stuck, can't enter the trade or anything
gav,
I do not know what system you are using, this should not happen unless some is wrong there.
anyway, remove them all, and use only the JPY group or any of your choice for testing purposes.
  • #1,798
  • Dec 14, 2008 12:39pm Dec 14, 2008 12:39pm
  •  bengong
  • | Joined Jun 2008 | Status: oalaaaahhhhhhhhh yo yoooooooo...... | 38 Posts
Quoting Kang_Gun
Max,

Yes, both indicators not repaint. Repaint is happenned only at the last candle till this candle is formed.

RS_GROUP_XXX take less calculations than KG_RS_GROUP because it's only need 7 pairs for the calculations individual currency strength.

And Yes, you can use RS_GROUP_XXX for individual trading.

Hope it's help,

KG
Hi Kang Gun,
testing many methods with these rs groups indicators, and I'm very agree with ur rules that every pair has different entry time, so now I fill my basket one by one with individual position, not by buy all the jpy pairs at the same time. Still don't have any fix rules, but basicly I used the rs grups indicators as confirmation for the price to break or rebounce from a support / resistance points........ The only problem is i found it hard to watch all that rs group and kg rs groups line moving every time, waiting to to becomes weak or strong, i hope i'm not asking too much, but I think adding a sound alerts to the indicators when it becomes weak/strong will be very useful.

as for the 10 point difference rules, in my opinion waiting the difference to become >10 or < 10 can be a double edge sword, since a sudden reversal ( most likely by news or an overbought/oversold condition or rebounce from a support / resistance points ) will give u a huge minus in short time. Yes the difference show how much strenght of the trend, but a strong trend that last short period only will make u burn since at this point this 10 point difference will give u very late entry signal (eg. in case of buy signal, there's a chance that u will buy at the peak, and vice versa ).

only sharing my point of view......
  • #1,799
  • Dec 14, 2008 12:42pm Dec 14, 2008 12:42pm
Quoting gav
After saving , the hole is stuck, can't enter the trade or anything
gav,
what kind of trading are you trying to enter now?? the market has not open yet!!!
  • #1,800
  • Dec 14, 2008 1:31pm Dec 14, 2008 1:31pm
Hi Matrixebiz,

Please check you email.

thx

Qpip
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