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Relative Strength Basket Trading System

  • #1,921
  • Dec 17, 2008 9:12pm Dec 17, 2008 9:12pm
overnight contract

Level 74 buy

No suprevision
Attached Image (click to enlarge)
Click to Enlarge Name: steve ea.gif Size: 27 KB
  • #1,922
  • Dec 17, 2008 9:15pm Dec 17, 2008 9:15pm
Hey guys, I decided to release the EA early because I don't have alot of time to test, working on other projects.

As mentioned this EA trades the currency pairs based on the RS_GROUP_XXX V1.2 indicators that have gained in strength by a user defined amount, calculating the difference of the previous bar and current. By waiting for the distance of the Red and White lines to become higher we hope this is a sign of the currency continuing on the same path.
e.g. JPY on Bar1 has a gap of 1 between the RED and White line and checking current bar0 JPY continues to gain distance of maybe 2 then we hope that is a good sign to assume that JPY will continue and not reverse right away.

Hope I didn't confuse you
Let me know if you would like me to add in Steve's options of 80/20 or if you find any problems.

May the pips be with you
Matrixebiz
Attached File(s)
File Type: ex4 KG RS ALL v1.2 EA.ex4   63 KB | 703 downloads
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,923
  • Dec 17, 2008 9:23pm Dec 17, 2008 9:23pm
Quoting matrixebiz
Hey guys, I decided to release the EA early because I don't have alot of time to test, working on other projects.

As mentioned this EA trades the currency pairs based on the RS_GROUP_XXX V1.2 indicators that have gained in strength by a user defined amount, calculating the difference of the previous bar and current. By waiting for the distance of the Red and White lines to become higher we hope this is a sign of the currency continuing on the same path.
e.g. JPY on Bar1 has a gap of 1 between the RED and White line and checking current bar0...
Thank you Matrixebiz,

I will run your EA and Steve using VPS... so it can run 24 hours...

Thanks

KG
  • #1,924
  • Dec 18, 2008 1:10am Dec 18, 2008 1:10am
matrixebiz

Thanks for the EA

do we need to add the indi to the chart or the EA will read it from the indi folder?

With all respect,
At the best
  • #1,925
  • Dec 18, 2008 2:24am Dec 18, 2008 2:24am
Quoting Kang_Gun
Easy, on your EA there are an options to set currencies to true or false. If i set all to false except GBP so your ea will open only GBPJPY, correct ?

Thanks

KG
Hehe. I was being a bit dense last night, wasn't I. Yes, what you say is correct.

  • #1,926
  • Dec 18, 2008 3:15am Dec 18, 2008 3:15am
Quoting SteveHopwood
Ok, had to transfer to my other computer to do this.

Attached is a version of the ea compiled by the latest Alpari demo - the one I started today.

See if that stops the lunatic things that have been happening when running this ea on an Alpari account.


Hi Steve,
Thanks for your understanding. Your explanation seems to be logical. I will try the new one once I get home.
In the meantime, 90% of the trades I've done for the last 2 days were profitable and relatively fast (an indication of the accuracy of the EA's).
Appreciated, Steve.

Jeff
  • #1,927
  • Dec 18, 2008 3:20am Dec 18, 2008 3:20am
My pleasure, Jeff.

  • #1,928
  • Dec 18, 2008 3:52am Dec 18, 2008 3:52am
No body get the party just now... ?
Jessssss.... everybody busy with the pips ?

Hehehehehehehehe

GOT GREEN HUH !!!
I love this game.....
  • #1,929
  • Dec 18, 2008 3:58am Dec 18, 2008 3:58am
people are buying in uk

Data +

Like a rocket the gj bar has gone up
  • #1,930
  • Dec 18, 2008 4:02am Dec 18, 2008 4:02am
Quoting matrixebiz
Hey guys, I decided to release the EA early because I don't have alot of time to test, working on other projects.
Cheers matrixebiz. You are a star.

I have it up and running.

  • #1,931
  • Dec 18, 2008 4:11am Dec 18, 2008 4:11am
Thanks matrixebiz .Very impressive.

http://img19.picoodle.com/img/img19/...em_e2cd718.jpg
  • #1,932
  • Dec 18, 2008 4:36am Dec 18, 2008 4:36am
Morning All,

A good day yesterday manual trading... made a nice change to do it the old fashioned way. Added 2% on to my main account (134 pips)

---------------------------------------------------------------------

I was just looking at the RS Group 1.2 (screen shot attached) and it is at the 10 line and starting to say STRONG..... yet 5 of the 7 charts suggest it is still going UP........

Many charts are over 80%.....
There are long "wicks" on all charts.....

Now if I had traded this on the bases of the STRONG/WEAK there would be a considerable DD.

(time difference on the 2 charts is 15 minutes - still going up so it would have been a BUY. Approx 260 pips the wrong way at its worst point...)

Good job I checked!

Steve - thanks for the updated ind.... will run later (at 10/90 levels)

Matrixebiz - that is mental.... pure mental (I Love It), testing with tight levels....

Eddie
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 18122008_1015.gif Size: 94 KB
Click to Enlarge Name: 18122008_1031.gif Size: 94 KB
  • #1,933
  • Dec 18, 2008 5:05am Dec 18, 2008 5:05am
Quoting matrixebiz
Let me know if you would like me to add in Steve's options of 80/20 or if you find any problems.
Matrixebiz
Could you add in the field so that we can amend as required.

I take it it checks the time frame for the chart it is attached to?

Eddie
  • #1,934
  • Dec 18, 2008 5:09am Dec 18, 2008 5:09am
Quoting susanltd3
My name is Susan William.....Am new at forex and i saw Ur forum at forex factory....And i will glad if u can teach me step by step method i can use to start trading....Here is my Email Address: [email protected]
  • #1,935
  • Dec 18, 2008 5:22am Dec 18, 2008 5:22am
Stupid of course, but where can I find the RS Group 1.2 ?
In post 1 I can not find these....
  • #1,936
  • Dec 18, 2008 5:30am Dec 18, 2008 5:30am
Quoting giraia_br
she/he wrote anywhere.... this is spam

KG
  • #1,937
  • Dec 18, 2008 5:31am Dec 18, 2008 5:31am
Quoting WillemM
Stupid of course, but where can I find the RS Group 1.2 ?
In post 1 I can not find these....
Click the paperclip (top right of screen, just after the page numbers list), select 'hide attached images' and scroll down until you come to them - that is what I did this morning. They are easy to see.

  • #1,938
  • Dec 18, 2008 5:36am Dec 18, 2008 5:36am
Two hours back when I opened my MT 4 the message says some one is sharing my platform
  • #1,939
  • Dec 18, 2008 5:51am Dec 18, 2008 5:51am
Quoting SteveHopwood
Click the paperclip (top right of screen, just after the page numbers list), select 'hide attached images' and scroll down until you come to them - that is what I did this morning. They are easy to see.

aha, that is why the paperclip is there...Thank you!
  • #1,940
  • Dec 18, 2008 6:04am Dec 18, 2008 6:04am
i just finished read all this thread today,,, 4 hours non stop

i think this is brilliant idea


thx for all contribution here
Simplicity your Life
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