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Relative Strength Basket Trading System

  • #2,421
  • Jan 5, 2009 3:34am Jan 5, 2009 3:34am
A very pleasant start to the trading week has seen 4 baskets hit their tp, and the account has grown by 5.25%.

Attached is 'KG flexible trading EA V1'. This incorporates the whole of 'KG basket range trading V9b' with the added ability to trade the original strategy from much earlier in the thread, before we all started trading the extremes of the range.

I do not suggest people trade the original strategy. I have incorporated the ability to trade both in case people want to; for now, I am blissfully happy with the range trading.

Details are in the 'How to' guide. I have included 2CloseAll scripts for all the magic numbers, set files for the multi-purpose manager just in case anyone is still using it, and get-you-started set files for both the original and ranging strategy.

Have fun playing, guys.

Attached File(s)
File Type: zip KG basket flexible trading EA V1.zip   529 KB | 729 downloads
  • #2,422
  • Jan 5, 2009 3:37am Jan 5, 2009 3:37am
Quoting SteveHopwood
KG, the sooner you can deal with the most brokers having less than 28 pairs issue, the better.

Matrixebiz is waiting for USD strength to drop below 18 and retrace to trigger a Strong USD basket. I am waiting for something similar to take my USD Weak into profit.

At the moment, on my screen I see a USD strength value of just under 30, but the green USD line is at about 60.

The sooner you can deal with the accuracy issue, the more accurate our EA's will become.

No pressure, of course.

Steve, I'm still working on it. I could not use the formula that we use in KG RS GROUP for the broker that have pairs less than 28 pairs. The strength is calculate base on the balance of price movement. 8 currency that we use in the first formula is good enough, if i reduce the currency be less than 8 currency the result is very bad.

So, now i'm working to find another approach and formula to calculate the strength using limited currency with the result not much different with the first formula.

Wish me luck,

KG
  • #2,423
  • Jan 5, 2009 3:43am Jan 5, 2009 3:43am
Quoting Kang_Gun
Steve, I'm still working on it. I could not use the formula that we use in KG RS GROUP for the broker that have pairs less than 28 pairs. The strength is calculate base on the balance of price movement. 8 currency that we use in the first formula is good enough, if i reduce the currency be less than 8 currency the result is very bad.

So, now i'm working to find another approach and formula to calculate the strength using limited currency with the result not much different with the first formula.

Wish me luck,

KG
Good luck.

  • #2,424
  • Jan 5, 2009 3:50am Jan 5, 2009 3:50am
ordersent function & 1 for objectcreate function

NORMAL (just means that the indicator is being called rather than loaded on a chart - please read back a few posts.... all listed.

Eddie
  • #2,425
  • Jan 5, 2009 3:58am Jan 5, 2009 3:58am
Quoting eddiemiller
ordersent function & 1 for objectcreate function

NORMAL (just means that the indicator is being called rather than loaded on a chart - please read back a few posts.... all listed.

Eddie
Thanks, so why the EA does not open any trade..just pop up window alert appear. I understand that one of the factor is the spread but i aready set 800 maximum spread but the EA still does not open any trade. i;m using ODL. many thanks for your help
  • #2,426
  • Jan 5, 2009 4:06am Jan 5, 2009 4:06am
Quoting Watercooler
Thanks, so why the EA does not open any trade..just pop up window alert appear. I understand that one of the factor is the spread but i aready set 800 maximum spread but the EA still does not open any trade. i;m using ODL. many thanks for your help
How long have you been running the EA?

Are there any trades or are they just "pending"?

After an alert pops up, what does the log say?

Eddie
  • #2,427
  • Jan 5, 2009 4:07am Jan 5, 2009 4:07am
Quoting Watercooler
I have tested KG basket range trading v9b but no trade have been made. In expert tab there are many messages - XXX1 for ordersent function & 1 for objectcreate function.I set maximum spread 800.
note: XXX = pair

could someone help me pls.

http://img32.picoodle.com/img/img32/...sm_6267d81.jpg
Hi.. Watercooler,

I think you need to leave the "PairSuffix" colum blank (delete the 'm')

Sahars.
  • #2,428
  • Jan 5, 2009 4:15am Jan 5, 2009 4:15am
Hi..Steve,

I tested this EA on Prime4x broker, and I found that the EA trades more than 24 trades. But in IBFX, the trade is limited to 24 only...(sorry if this question is not relevant to this trade).

Sahars.
Attached Image (click to enlarge)
Click to Enlarge Name: prime4x_trade more than 24.gif Size: 83 KB
  • #2,429
  • Jan 5, 2009 4:23am Jan 5, 2009 4:23am
Quoting eddiemiller
How long have you been running the EA?

Are there any trades or are they just "pending"?

After an alert pops up, what does the log say?

Eddie

I'm running the EA for more than 4 hours. from my underndstanding if pop up alert appear it tells us than trade will be open right?

I dont know if there any trade or pending but the log only says "unknown symbol name XXX for ordersent function & 1 for objectcreate function"
XXX=pair
sahar, I already leave the "PairSuffix" colum blank but stll got same result.

many thanks for your kind help
  • #2,430
  • Jan 5, 2009 4:36am Jan 5, 2009 4:36am
Quoting Watercooler
I'm running the EA for more than 4 hours. from my underndstanding if pop up alert appear it tells us than trade will be open right?

I dont know if there any trade or pending but the log only says "unknown symbol name XXX for ordersent function & 1 for objectcreate function"
XXX=pair
sahar, I already leave the "PairSuffix" colum blank but stll got same result.

many thanks for your kind help
Need to see the error log when the pop up happens but no trade is fired off


Eddie
  • #2,431
  • Jan 5, 2009 4:39am Jan 5, 2009 4:39am
You can try my set file....... you might want to remove the SL setting!

Eddie
Attached File(s)
File Type: zip 090105053830-47813.zip   1 KB | 391 downloads
  • #2,432
  • Jan 5, 2009 4:46am Jan 5, 2009 4:46am
Quoting eddiemiller
Need to see the error log when the pop up happens but no trade is fired off


Eddie
Eddie, pic below is as soon as pop up appears. Many thanks for your kind help.

http://img26.picoodle.com/img/img26/...2m_b2b9847.jpg
  • #2,433
  • Jan 5, 2009 4:50am Jan 5, 2009 4:50am
Quoting Watercooler
Eddie, pic below is as soon as pop up appears. Many thanks for your kind help.

http://img26.picoodle.com/img/img26/...2m_b2b9847.jpg
Are you testing it on M5 ???

Thanks

KG
  • #2,434
  • Jan 5, 2009 4:54am Jan 5, 2009 4:54am
Watercooler, and anyone else having the unknown order symbol problem, pop this script into your scripts folder then restart the platform.

Drag the script onto a chart and it will give you both the chart symbol and its length. This should tell you if you have a suffix missing.

Another thing to try is to make sure you have the latest version of MT4 loaded.

If that doesn't work, then try an IBFX demo instead.

Attached File(s)
File Type: mq4 What is the symbol.mq4   < 1 KB | 487 downloads
  • #2,435
  • Jan 5, 2009 4:55am Jan 5, 2009 4:55am
Quoting Watercooler
Eddie, pic below is as soon as pop up appears. Many thanks for your kind help.
Unknown Symbol name sugest one of 2 things:

1. you are using the pair suffix and you don't need it
2. You aren't using the pair suffix and you need it (or another one)

Eddie
  • #2,436
  • Jan 5, 2009 4:59am Jan 5, 2009 4:59am
Quoting Kang_Gun
Are you testing it on M5 ???

Thanks

KG
Yes KG, i tried on TF5 til H1 but still did not work.
Steve, Thanks for your kind help. I will try the symbol right now
  • #2,437
  • Jan 5, 2009 5:02am Jan 5, 2009 5:02am
Quoting eddiemiller
You can try my set file....... you might want to remove the SL setting!

Eddie

Thanks eddie
  • #2,438
  • Jan 5, 2009 5:17am Jan 5, 2009 5:17am
Watercooler.... working?

Eddie
  • #2,439
  • Jan 5, 2009 5:18am Jan 5, 2009 5:18am
Salam KG,

For FXopen, did you fill dot or leave blank in pairsuffix? Many thanks for your help
  • #2,440
  • Jan 5, 2009 5:34am Jan 5, 2009 5:34am
Hey guys,
Having a nice day - no SL!
- Closed the 6 outstanding baskets from fri first thing in the morning.
- 4 baskets TP - Strong EUR; Strong GBP; Strong USD, Weak CHF. Up 4.8%
- Had a funny couple of baskets Weak JPY and Weak CHF - both closed at $0
- I'm currently trialling with a TP at +$60 and also a JS at $30. I think I've confused the EA. I think i should only be using one of these settings. Or should I increase the TP to a lot bigger and leave the JS. hmmm
- Currently got a bit of drawdown on 5 open baskets - total 8%. The weak GBP basket is going to be interesting!

Cheers
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