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Relative Strength Basket Trading System

  • #2,141
  • Dec 23, 2008 4:22am Dec 23, 2008 4:22am
Quoting roziex
i cannot get a couple of pips for few days,
its to many spike up and down,
i try to find out new system for intraday,

please help me
Hi Roziex,

I would suggest you start read the thread from the beginning. It's worth to do that. I spent the whole 1 week just to read and to understand the method. We have very nice guys i.e KG, Steve, Eddie, Matrixebiz and few of them that can assist you.

FYI, I blown my live account because of entering the market blindly...and after that I'm spending almost 6 month just for try ..and try.. and try and I found this forum. I don't want what was happened to me will occur to you.

Sorry if my english is not correct because english is not motherlanguage. Anyway, keep reading...!!!

Sahars.
  • #2,142
  • Dec 23, 2008 4:44am Dec 23, 2008 4:44am
Basket just closed as it appears my platform just spiked!

The price on the NZD JPY went mental but I cant see this anywhere else.

Can someone please check their chart please.

Eddie
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 23122008_1036b.gif Size: 104 KB
Click to Enlarge Name: 23122008_1036c.gif Size: 26 KB
  • #2,143
  • Dec 23, 2008 4:47am Dec 23, 2008 4:47am
hello coders.

two questions as i further my baby steps into mq4.

---------------
1.

If i have two indicator lines on RS_GROUP_JPY, what commands do I use to extract values for them both?

JpyVal = iCustom(NULL,0,"RS_JPY",1,i) gives the white line. what about the red one?

---------------
2.

Why does the majic number have to be so long? Why not just use 1, 2, 3, 4 etc...???

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

Thank you kind folk.

El Choco (back in england for the holidays....que frioooo!!!!)
  • #2,144
  • Dec 23, 2008 4:51am Dec 23, 2008 4:51am
Just manually closed JPY Basket with 115 pips profit due to it's already reach more than 80% and expected will be turning down and that is the next opportunity to enter the market.

Steve,

I just found that the GBP basket not execute the order even that time the GBP strength was less than 20, and there is message below written "Strong Basket Pending". Is it not suppose to "Weak Basket Pending". Picture attached for reference. Thanks in advance for your explanation.

Sahars.
Attached Image (click to enlarge)
Click to Enlarge Name: kg setup.gif Size: 96 KB
  • #2,145
  • Dec 23, 2008 4:59am Dec 23, 2008 4:59am
All UK Alpari Accounts have just spiked on NZD pairs.

**I have just telephone their UK support desk**

They are aware of the problem with their feed and will amend all accounts and re-open all trades as if it didn't happen but it will take a few hours.

Eddie
  • #2,146
  • Dec 23, 2008 5:00am Dec 23, 2008 5:00am
Quoting elchoco
hello coders.

two questions as i further my baby steps into mq4.

---------------
1.

If i have two indicator lines on RS_GROUP_JPY, what commands do I use to extract values for them both?

JpyVal = iCustom(NULL,0,"RS_JPY",1,i) gives the white line. what about the red one?

---------------
2.

Why does the majic number have to be so long? Why not just use 1, 2, 3, 4 etc...???

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

Thank you kind folk.

El Choco (back in england for the holidays....que frioooo!!!!)
1. iCustom(NULL,0,"RS_GROUP_JPY",0,i) for red line
iCustom(NULL,0,"RS_GROUP_JPY",1,i) for white line

2. ????

Hope it's help

KG
  • #2,147
  • Dec 23, 2008 5:06am Dec 23, 2008 5:06am
Quoting eddiemiller
Basket just closed as it appears my platform just spiked!

The price on the NZD JPY went mental but I cant see this anywhere else.

Can someone please check their chart please.

Eddie
FXOPEN & FXDD was ok... No spike like that...
Jessss.... i can't believe it..


KG
  • #2,148
  • Dec 23, 2008 5:09am Dec 23, 2008 5:09am
Quoting Kang_Gun
FXOPEN & FXDD was ok... No spike like that...
Jessss.... i can't believe it..


KG

Yup...... Alpari just messed up big time.... they reckon they will open everything back up where it was... I should still be ahead but who knows.

Tempted to go find an obvious pari and play the 1.0 lot game with their money...

Eddie
  • #2,149
  • Dec 23, 2008 5:43am Dec 23, 2008 5:43am
Quoting sahars
Based on today market, Basket Trading EA By Steve has locked 5 baskets (2 already closed manually/mistake and by TM) with profit of 170 pips and DD
(-50pips), while KG RS ALL EA by Matrixebiz, has closed 3 trades with 30pips profit and 11 trades on going with DD(-300 pips).

Still very early to judge since the market very slow..and with UK market starting, we should see a bigger volume of trade.

Early conclusion, the DD by Basket Trading EA is lower than KG RS ALL EA, and Basket Trading EA has produce more pips.

We will see for this week of these...
Hey Sahars, can you test with KG RS ALL v1.2a EA and post results.
Thank you
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,150
  • Dec 23, 2008 5:45am Dec 23, 2008 5:45am
open trade (I think NZD have been suspended from trade on Alpari as they are having a problem)

GBP (not as many pair in the list?

Not looking very good!

Eddie
Attached Image (click to enlarge)
Click to Enlarge Name: 23122008_1143.gif Size: 113 KB
  • #2,151
  • Dec 23, 2008 6:18am Dec 23, 2008 6:18am
so no one has an idea how we can back test multi-currency EAs ?
  • #2,152
  • Dec 23, 2008 6:18am Dec 23, 2008 6:18am
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...

hai Matrixebiz,

i wondering can you add option that your ea can make contrary trade ?

thanks
  • #2,153
  • Dec 23, 2008 6:34am Dec 23, 2008 6:34am
Quoting detazn
hai Matrixebiz,

i wondering can you add option that your ea can make contrary trade ?

thanks
Please explain more.
Thank you
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,154
  • Dec 23, 2008 6:35am Dec 23, 2008 6:35am
Quoting OriHart
so no one has an idea how we can back test multi-currency EAs ?
I don't know, never heard that multi TF or multi currency EA coul be tested using Metatrader Strategy Tester.

KG
  • #2,155
  • Dec 23, 2008 6:44am Dec 23, 2008 6:44am
Quoting matrixebiz
Hey Sahars, can you test with KG RS ALL v1.2a EA and post results.
Thank you
Hi Matrixebiz,

Currently I'm testing also the KG RS ALL v1.2a and the EA already closed 8 trades (1 with manual) with 108 pips profit. Initially, the setup was TP=11 was set to true,but I changed it to TP=20 since I observed the EA sometimes does not close the trade even that time the trade profit was above 20 pips.

The other issue on this trade was.. the EA shall close all the orders when itreach certain $ and in my testing it was set at $10.00. But with the feature of TP=20 is set to true, the total of $10 is not possible to be achieved.

So far the only problem with this EA is the DD is quit big sometimes can reach to 400 pips/$40 (my SL=$50 or 500 pips).

My question..Do I need to set TP=20 pips is true while close_all_at_profit$ also set to true or I have to set only one of it to true..?

Is this EA will close by basket or by individual..? The previous result shows that it was closed individually as well as open it.

BTW, I also tested the KG MTF EA with combination of Multi Purpose Trade Manager as an EA to close and lock the profit. With the TP=$15 (150 pips) and SL=$50 (500 pips), this EA performed well as well except, do not leave the trade open up to weekend (I lost 788 pips on monday).

I attached all the results here for the EA that I tested since last Thursday.

Sahars
Attached Image(s) (click to enlarge)
Click to Enlarge Name: kg rs all #1.gif Size: 59 KB
Click to Enlarge Name: kg rs all #2.gif Size: 61 KB
Attached File(s)
File Type: pdf Forex Comparison Resultx.pdf   30 KB | 463 downloads
  • #2,156
  • Dec 23, 2008 7:47am Dec 23, 2008 7:47am
Quoting OriHart
so no one has an idea how we can back test multi-currency EAs ?
Cannot test multi-currency EA in the current build.
If everyone believes it, it will work.
  • #2,157
  • Dec 23, 2008 8:17am Dec 23, 2008 8:17am
Hi,
I try to use KG Basket Range EA and it only shows pop up window and did not open trade automatically.
Steve, Need more explaination on this:

""Drag separate instances of the trade manager onto a different chart.

  1. Load one with the 'kg manage basket strong' preset.
  2. Load the second with the 'kg manage basket weak' preset.""

Question: How to load 'kg manage basket strong' from preset folder?

thanks

  • #2,158
  • Dec 23, 2008 8:18am Dec 23, 2008 8:18am
2 more basket closed at at 208 pips (GBP) profit and 105 pips (JPY) profit. TP for Weak Signals change to $11 from $10 and $21 from $20 for Strong signals. 1 basket (USD) still on trade with +20 pips.

Sahars.
  • #2,159
  • Dec 23, 2008 8:19am Dec 23, 2008 8:19am
Quoting matrixebiz
Please explain more.
Thank you
your ea setting is 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.

I test your ea for couple days, set tp=11 and sl=50 so far the only problem is the DD is quit big.

so i think if the ea make contrary trade more fast hit tp then continuing trade.

thanks
  • #2,160
  • Dec 23, 2008 8:49am Dec 23, 2008 8:49am
Quoting sahars
Hi Matrixebiz,

Currently I'm testing also the KG RS ALL v1.2a and the EA already closed 8 trades (1 with manual) with 108 pips profit. Initially, the setup was TP=11 was set to true,but I changed it to TP=20 since I observed the EA sometimes does not close the trade even that time the trade...
The amount of TP is different than what happens with close_all_at_profit$.
close_all_at_profit$ will close All orders when account profit is $10 so your right about TP for one order may not hit $20 but that is a separate condition for which trades will close.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
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