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Relative Strength Basket Trading System

  • #2,241
  • Dec 29, 2008 6:46pm Dec 29, 2008 6:46pm
cant see the jumping stop "jumping" - just constantly refreshing....

Eddie
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  • #2,242
  • Dec 29, 2008 7:50pm Dec 29, 2008 7:50pm
Clearly the jumping stop function is not working properly. I am not surprised.

I will try to sort it out. In the meantime, don't rely on it.

  • #2,243
  • Dec 30, 2008 4:39am Dec 30, 2008 4:39am
Steve,

Ran it over night and it certainly isn't working.

Eddie
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  • #2,244
  • Dec 30, 2008 5:26am Dec 30, 2008 5:26am
Hi Guys, i am using V6a, which after I sorted the early problems was going along quite nicely.

I had 3 triggers running. the jpy, USd & Eur. I noticed the following when the EUR hit its stop loss, it immediately opened another pair in the same direction as the ones just stopped out, and the strength was around the 55-60, nowhere near the pending setting. Is this correct.

I think there may be an earlier reference to this, but I thought that I'd write it up first, just as a heads up, now'll I look back.

Cheers to all.

Edit: I'd started the GDP trigger by mistake, and it immediately opened a strong basket while around the 40 mark. Definately not right.
  • #2,245
  • Dec 30, 2008 6:22am Dec 30, 2008 6:22am
Quoting sundog
Hi Guys, i am using V6a, which after I sorted the early problems was going along quite nicely.

I had 3 triggers running. the jpy, USd & Eur. I noticed the following when the EUR hit its stop loss, it immediately opened another pair in the same direction as the ones just stopped out, and the strength was around the 55-60, nowhere near the pending setting. Is this correct.

I think there may be an earlier reference to this, but I thought that I'd write it up first, just as a heads up, now'll I look back.

Cheers to all.
Was the basket managed by the trade manager?

Quote
Edit: I'd started the GDP trigger by mistake, and it immediately opened a strong basket while around the 40 mark. Definately not right.
Did you have the EA set to sleep for a couple of minutes at start up?

  • #2,246
  • Dec 30, 2008 6:29am Dec 30, 2008 6:29am
Hey Steve, in your Trade Manager I changed the BasketTP from $2 to $12 but the Basket closed at $2.42 and there were 6 trades, does that have something to do with AutoCalc being turned on?
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24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,247
  • Dec 30, 2008 6:32am Dec 30, 2008 6:32am
I think I found the problem in the jumping stop routine.

Hehe. Coders will sympathise. Dipstick that I am, a different ea function was deleting the global variables that the js routine was setting so the ea could keep track of locked profits. I had set the wrong condition, so the ea was deleting these gv's when a basket existed, not when it didn't. Hey ho.

V8 is attached - see the update details. As an IBFX user, the NZD and CAD triggers are irrelevant; NZD spreads are usually ridiculous; CAD pairs are not available. Global closure and shirt protection are modified versions of the functions from my trade management ea, so users of that will be familiar with them.

As usual, eagle-eyed details people, keep your eyes skinned for anything incorrect.

The ea is nearly complete. Now, it is just a case of tracking down and eliminating the occasional bug such as that experienced by sundog.

Have fun.


 

  1. Update details
  2. V3a: fixed the incorrect entries in the xxxUSDUSDxxx baskets.
  3. V3b: (1) Fixed the user feedback display. (2) Added feedback to show when the ea is waiting for a retrace to send a basket - shows a message such as 'Weak basket pending'.
  4. V4: added the GBP trigger.
  5. V4a: added the MaximumSpread feature. Added the ability to chose the distance of retrace the ea waits before sending the basket.
  6. V5:

    1. added EUR and CHF triggers.
    2. Added the DisplayGapSize input to help tidy up the feedback display.
    3. Added the missed GBPCAD pair to the GBP basket.
    4. Added the option to turn off the screen display of magic numbers.
    5. Added the basket take profit option.

  7. V6: added the basket stop loss and jumping stop functions.
  8. V6a: added the missed GBPAUD and CADCHF pairs.
  9. V7: added AUD trigger,
  10. V8: added NZD and CAD triggers. Sorted out AUD glitches – I think. Sorted out the jumping stop – possibly. Added Shirt Protection and Global Order Closure.

Attached File(s)
File Type: zip KG basket range trading EA V8.zip   458 KB | 704 downloads
  • #2,248
  • Dec 30, 2008 6:46am Dec 30, 2008 6:46am
Please redownload this new EA if you were using my 1.2b EA because I had the MaxSpreadAllowed code setting wrong. I had trade if Greater than instead of Less than.
Attached File(s)
File Type: ex4 KG RS ALL v1.2b EA.ex4   70 KB | 612 downloads
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,249
  • Dec 30, 2008 6:48am Dec 30, 2008 6:48am
Hi Steve,

Im using the EA by itself, (NOT managed by Matrixebiz's EA) with the TP's and SL's activated all at $2

Yes I do have the 2 minute wait running.

It would appear that the only pair to relate to the Trades pending/Basket entry is the JPY. The others seem to be above/below the 50 mark.

Just my observation. Thanks for all your time and effort mate.

Cheers.
  • #2,250
  • Dec 30, 2008 6:54am Dec 30, 2008 6:54am
Quoting matrixebiz
Please redownload this new EA if you were using my 1.2b EA because I had the MaxSpreadAllowed code setting wrong. I had trade if Greater than instead of Less than.
Those conditional thingies are getting both of us.
  • #2,251
  • Dec 30, 2008 6:57am Dec 30, 2008 6:57am
Quoting sundog
Hi Steve,

Im using the EA by itself, (NOT managed by Matrixebiz's EA) with the TP's and SL's activated all at $2

Yes I do have the 2 minute wait running.

It would appear that the only pair to relate to the Trades pending/Basket entry is the JPY. The others seem to be above/below the 50 mark.

Just my observation. Thanks for all your time and effort mate.

Cheers.
My EA doesn't manage Steve's EA, they are two different trading systems.
My EA is based on the currency strengths said by the RS_GROUP_XXX V1.2 indicators and trades pairs matching Strong with Weak.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,252
  • Dec 30, 2008 6:59am Dec 30, 2008 6:59am
Quoting SteveHopwood
Those conditional thingies are getting both of us.
Yes, a little tired when I modified it
Great work on your EA though
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,253
  • Dec 30, 2008 7:11am Dec 30, 2008 7:11am
Update, the USD trigger does work off the pending/entry.

( My EA doesn't manage Steve's EA, they are two different trading systems.
My EA is based on the currency strengths said by the RS_GROUP_XXX V1.2 indicators and trades pairs matching Strong with Weak. )

Yes matrixebiz I know, I just wanted to be clear, but I meant any other EA. I have yours on the chart next to Steves EA chart.. apologies.
  • #2,254
  • Dec 30, 2008 8:25am Dec 30, 2008 8:25am
Quoting SteveHopwood

  1. V8: added NZD and CAD triggers. Sorted out AUD glitches – I think. Sorted out the jumping stop – possibly. Added Shirt Protection and Global Order Closure.


Steve,

Hope you had a good xmas - I have been catching up today....

With the added settings in the EA, if I wanted to simply use a jumping stop, of TP then I don need TM as well, right?

Also with the spread do you mean the combined pip value for the broker if all pairs open, and would this be why I don't seem to get for example all xxxJPY pairs opening?

Eddie
  • #2,255
  • Dec 30, 2008 8:30am Dec 30, 2008 8:30am
Quoting eddiemiller
Steve,

Hope you had a good xmas - I have been catching up today....
Sure did, thanks. Haven't really finished it yet.

Quote
With the added settings in the EA, if I wanted to simply use a jumping stop, of TP then I don need TM as well, right?
Correct, assuming the JS now works correctly. Use tm if you want more flexibility in the management.

Quote
Also with the spread do you mean the combined pip value for the broker if all pairs open, and would this be why I don't seem to get for example all xxxJPY pairs opening?

Eddie
Nope, the spread on an individual pair. This, and any number of things could prevent the EA opening all the pairs.

  • #2,256
  • Dec 30, 2008 9:04am Dec 30, 2008 9:04am
I think I have found the cause of baskets closing then the EA immediately opening a fresh one - needed a few extra cancel-the-pending lines of code. V8a has the fix, so please report if this problem arises again.

I have the trading lappy in my music room with the ea loaded onto it. I use the pc in our living room to do everything else, so I wanted an ea to monitor the upl of open baskets and show me their status. KG basket range trade monitor does this (no trading or order closing functions) and I have included it for anyone who might find it useful.



Update details
V3a: fixed the incorrect entries in the xxxUSDUSDxxx baskets.
V3b: (1) Fixed the user feedback display. (2) Added feedback to show when the ea is waiting for a retrace to send a basket - shows a message such as 'Weak basket pending'.
V4: added the GBP trigger.
V4a: added the MaximumSpread feature. Added the ability to chose the distance of retrace the ea waits before sending the basket.
V5: added EUR and CHF triggers. Added the DisplayGapSize input to help tidy up the feedback display. Added the missed GBPCAD pair to the GBP basket.Added the option to turn off the screen display of magic numbers.Added the basket take profit option.
V6: added the basket stop loss and jumping stop functions.
V6a: added the missed GBPAUD and CADCHF pairs.
V7: added AUD trigger,
V8: added NZD and CAD triggers. Sorted out AUD glitches – I think. Sorted out the jumping stop – possibly. Added Shirt Protection and Global Order Closure.
V8a: solved the problem of baskets closing then the EA immediately opening a fresh one – I think.
Attached File(s)
File Type: zip KG basket range trading EA V8a.zip   467 KB | 621 downloads
  • #2,257
  • Dec 30, 2008 9:09am Dec 30, 2008 9:09am
Disregard this, sorry
  • #2,258
  • Dec 30, 2008 9:11am Dec 30, 2008 9:11am
Disregard this sorry
  • #2,259
  • Dec 30, 2008 9:14am Dec 30, 2008 9:14am
Steve

Jumping stop still fails.

Eddie
  • #2,260
  • Dec 30, 2008 11:14am Dec 30, 2008 11:14am
Quoting matrixebiz
Hey Steve, in your Trade Manager I changed the BasketTP from $2 to $12 but the Basket closed at $2.42 and there were 6 trades, does that have something to do with AutoCalc being turned on?
Sorry, I didn't see this earlier.

The answer to your query is yes. I meant to issue the tm with this turned off by default, but forgot. You can see from the code snippet how this works:

// Check to see if the basket has reached an auto-calculated percentage of balance profit
if (AutoCalcBasketTPasPercent && BasketProfit>0)
{
BasketClosure=ShouldBasketCloseAtAutocalcTP(); // Retruns true if the basket upl >= chosen closure point
if (BasketClosure)
{
Alert("Basket TP hit, so the trades were closed");
CloseBasketTrades();
return;
}
}//if (AutoCalcBasketTPasPercent && BasketProfit<0)


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