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Relative Strength Basket Trading System

  • #2,081
  • Dec 22, 2008 9:34am Dec 22, 2008 9:34am
Quoting eddiemiller
Steve

So I am guessing that we need to run 4 versions of the TM to manage the sets?

Eddie
That it correct - one for each magic number.

  • #2,082
  • Dec 22, 2008 9:47am Dec 22, 2008 9:47am
hhhmmm first trade of the day seemed ok......

went from +0.90 to +1.19 then dropped back to +0.22 showing current DD - £6.69....

Running the newest version so it would have touched 80, then opened when i retraced to 75, right?



Eddie
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  • #2,083
  • Dec 22, 2008 9:52am Dec 22, 2008 9:52am
Quoting eddiemiller
hhhmmm first trade of the day seemed ok......

went from +0.90 to +1.19 then dropped back to +0.22 showing current DD - £6.69....

Running the newest version so it would have touched 80, then opened when i retraced to 75, right?



Eddie
Yep.

One of the tweaks I might add is the ability to make the gap between the trigger level and the trade entry level varied. We shall see.

Just now, I am coding V4, with GPB as a trigger.

  • #2,084
  • Dec 22, 2008 9:59am Dec 22, 2008 9:59am
That sound like a good idea to have a user defined field.

Is it also going to be possible to add a second layer to allow for the "10 Rule" to be used as well?

For instance.......

Weak, allow 80 mark, then retrace to (user defined - current 75), then open when "10 Rule" is (user defined - maybe 10?)

I am going to see the profit of "Steve Law" fall on this trade and it has started going the right way......

Eddie
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  • #2,085
  • Dec 22, 2008 10:02am Dec 22, 2008 10:02am
I Blinked..... when I looked back it was +£16.00 >>> look at the down line!

I am using AC/Protect so £5.00 locked in still running!

Eddie
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  • #2,086
  • Dec 22, 2008 10:03am Dec 22, 2008 10:03am
Took the £10.00 (+128 pips)

Eddie
  • #2,087
  • Dec 22, 2008 10:06am Dec 22, 2008 10:06am
As I closed it opened the other way, almost straight into profit!

Didnt see it hit the 20 tho........

Eddie
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  • #2,088
  • Dec 22, 2008 10:08am Dec 22, 2008 10:08am
Quoting jeff jordan
Yes steve, I swear I did it all (I even attached it to the live account, not used it yet!!!!), but does not load at all.

Jeff
Hey Jeff, why do you have the Indicators in the EA folder ??
They should be in the Indicators folder.
Attached Image
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,089
  • Dec 22, 2008 10:28am Dec 22, 2008 10:28am
Quoting matrixebiz
Hey Jeff, why do you have the Indicators in the EA folder ??
They should be in the Indicators folder.
Hi Matrix,
Thanks for reponding, but does that matter? Even when removed, the EA still does not load!
Anyway, it is not a big deal for tha time being, I focussing on other issues, will come to that some other time, or simply I can use the older version, right?

Jeff
  • #2,090
  • Dec 22, 2008 10:32am Dec 22, 2008 10:32am
Quoting jeff jordan
Hi Matrix,
Thanks for reponding, but does that matter? Even when removed, the EA still does not load!
Anyway, it is not a big deal for tha time being, I focussing on other issues, will come to that some other time, or simply I can use the older version, right?

Jeff
By older version do you mean v1.2 and not v1.2a? They function the exact same. What build is your MT4 platform? the EA seemed to crash my build 218 at work. I'm updating to build 220 right now.

EDIT: working better now with build 220 at work. v1.2 is probably compiled with a different build of MT4
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,091
  • Dec 22, 2008 10:34am Dec 22, 2008 10:34am
there it goes....

I closed it off as the WEAK/STRONG keeps flying +/-

Eddie
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  • #2,092
  • Dec 22, 2008 10:36am Dec 22, 2008 10:36am
Quoting jeff jordan
Hi Matrix,
Thanks for reponding, but does that matter? Even when removed, the EA still does not load!
Anyway, it is not a big deal for tha time being, I focussing on other issues, will come to that some other time, or simply I can use the older version, right?

Jeff
Jeff,

Do you have them in your indicators folder and removed from the Experts/EA section?

Did you then restart?

Yes it matters as it is call them from the file path!

Eddie
  • #2,093
  • Dec 22, 2008 10:49am Dec 22, 2008 10:49am
Quoting matrixebiz
By older version do you mean v1.2 and not v1.2a? They function the exact same. What build is your MT4 platform? the EA seemed to crash my build 218 at work. I'm updating to build 220 right now.

EDIT: working better now with build 220 at work. v1.2 is probably compiled with a different build of MT4
Yes Matrix, v1.2 is ok.

Eddie, indicators are already removed from experts.

Jeff
  • #2,094
  • Dec 22, 2008 10:52am Dec 22, 2008 10:52am
Quoting jeff jordan
Yes Steve, v1.2 is ok.

Eddie, indicators are already removed from experts.

Jeff
Yes but did you add then in to the right folder and restart again?

Eddie
  • #2,095
  • Dec 22, 2008 10:53am Dec 22, 2008 10:53am
Steve,

Just opened my first USD basket..... some buy some sell. Is this right?

Eddie
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  • #2,096
  • Dec 22, 2008 10:56am Dec 22, 2008 10:56am
Ok looks right.... bit of a shock (first one)

Eddie
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  • #2,097
  • Dec 22, 2008 10:57am Dec 22, 2008 10:57am
Quoting jeff jordan
Yes Matrix, v1.2 is ok.

Eddie, indicators are already removed from experts.

Jeff
What build of platform are you running?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,098
  • Dec 22, 2008 11:10am Dec 22, 2008 11:10am
Hi Matrixebiz

Can you please explain the difference between these 2 stoploss settings?

Thanks

Mdude
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  • #2,099
  • Dec 22, 2008 11:20am Dec 22, 2008 11:20am
Quoting moolahdude
Hi Matrixebiz

Can you please explain the difference between these 2 stoploss settings?

Thanks

Mdude
The first section is for total account Profit or Loss in dollar amounts.
So if all your open orders add up to a Profit or Loss of what ever you put like $10 or -$10 then all orders will be closed.

The Second section is for individual orders SL or TP in pips.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,100
  • Dec 22, 2008 11:21am Dec 22, 2008 11:21am
Quoting eddiemiller
That sound like a good idea to have a user defined field.

Is it also going to be possible to add a second layer to allow for the "10 Rule" to be used as well?

For instance.......

Weak, allow 80 mark, then retrace to (user defined - current 75), then open when "10 Rule" is (user defined - maybe 10?)
I don't think there is any need Eddie. Apart from other considerations, I can't remember the last time I saw a gap of 10. I think this would merely kill trading stone dead.

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