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Relative Strength Basket Trading System

  • #2,581
  • Jan 6, 2009 7:29pm Jan 6, 2009 7:29pm
Quoting fry2010
Kang Gun, very impressive amount of work u have done there.
I have a question on your index calculations. How did you actually calculate these?
I have already explain your question, the same question asking by Max i think. Just search a few page behind..

Thanks,

KG
  • #2,582
  • Jan 6, 2009 7:39pm Jan 6, 2009 7:39pm
Quoting eddiemiller
Sahars - can you tell us how you got your pip value totals and how many trades you entered to get them?

Also were you using the 80/20 rule?

Eddie
Eddie,

All the set according to default value setup in KG Flexible Ea. The only modification that I made is no. of lots to 0.03 (coz my equity start with $300),TP at $6 for 1H TF, $0.33 for 5M and MinDiff 0 and 2 for 1H TF, MinDiff 5 for 5M.

Since I use original trade method, 80/20 rules I think is not use in this method. 80/20 is only for range method.

How to calculate the pips...hmm...sorry if my explanation is not clear on this (i'm not really good english). For Sell : No.of lots x (close trade price - open trade price) x 100 (if no of lots is 0.1, I'll time it with 10, time with 100 if 0.01 lots). Same goes to for buy.

In my total pips calculation, all is based on 0.01 lots not on 0.03 lots and I'm using IBFX broker. If I use 0.03 lots for calculations, you have to calculate 3x than the figure that I posted. I believe different definition of lots i.e in IBFX 0.01 lots=1 sen/pips, while in Prime4X, 0.01 lots=10 sen/pips. I do not know in Alpari...sorry about that..

Sahars.
  • #2,583
  • Jan 6, 2009 7:55pm Jan 6, 2009 7:55pm
Quoting Kang_Gun
wow amazing Sahars,

So.. DD is total the whole baskets or just one basket ?

Thanks

KG
Salam KG,

The DD is basically for the whole traded basket, not for individual basket.

I'll post the result here in pdf file. In that file you can see some of the trade close trade has remarks "Various trigger" means during that time, I maybe sleep or out..and I just use the accumulate profit for calculating the pips. The blue and red bold line is the line for separating of each days of trade. As you can see, the 5M TF is more trade a day compare to 1H TF. The DD that written after the 'Trigger' message is refer to the total traded basket DD at the moment the basket is closed.

Since I'm stay in Malaysia, I use Malaysian times as my reference working time.

Hope this explanation is clear. Mau tulis dlm. bahasa nanti org lain marah..

Salam

Sahars.
Attached File(s)
File Type: pdf Forex Comparison Result.pdf   42 KB | 700 downloads
  • #2,584
  • Jan 6, 2009 8:09pm Jan 6, 2009 8:09pm
KG,

Forgot to add.. the biggest DD means the biggest DD that I observed for the whole basket during the trade times. Maybe the figure is higher than that, but I was not on my computer during that time.

Sahars.
  • #2,585
  • Jan 6, 2009 8:23pm Jan 6, 2009 8:23pm
Quoting sahars
KG,

Forgot to add.. the biggest DD means the biggest DD that I observed for the whole basket during the trade times. Maybe the figure is higher than that, but I was not on my computer during that time.

Sahars.
Thanks Sahars,

It's clear enough.... Jangan cakap bahasa lah di sini... tak sedap dilihat orang hehehehehe

Cheers,

KG
  • #2,586
  • Jan 6, 2009 9:52pm Jan 6, 2009 9:52pm
Steve, I was wondering if we could have a jump stop that gives us a bit of a profit. Just seen 2 trades with the JS set to zero then closed, one with a slight profit the other with a slight loss.

ta
  • #2,587
  • Jan 7, 2009 1:12am Jan 7, 2009 1:12am
Eddie:
I will think how best to code the close-at-profit thingy. Let's leave tinkering with individual trades within an open basket for now, and see how things develop.

Sundog:
Yes, it is easy to do and I will add this today or tomorrow.

Cheers guys.

  • #2,588
  • Jan 7, 2009 1:27am Jan 7, 2009 1:27am
Quoting sahars
KG,

Forgot to add.. the biggest DD means the biggest DD that I observed for the whole basket during the trade times. Maybe the figure is higher than that, but I was not on my computer during that time.

Sahars.
Hi all
I've been following this thread from the beginning, but unfortunately my laptop seems to go so slow when I run the KG indi's, so I haven't been forward testing very much.
Monitoring DD is very important to me, so I have searched and found a couple of useful files.
Account EquityAnalyser is an indicator that is very useful but does seem very heavy on the CPU
Account Sentry is an EA and can be used to protect accounts, so it will close trades if the settings are applicable etc.
The Sentry is a little complicated, so I've included the authors instructions below.
I hope this is useful to someone.

Finally I just have to say how much I appreciate Steve's helpfulness.... I've come accross him in several threads, and he's always willing to help..... great to have you around man!


14 December 2008
Installation Instructions:
AccountSentry.mq4 􀃆 experts
AccountSentry.tpl 􀃆 templates
Restart the terminal and makes sure the Expert Advisors tab is turned off. Open GBPJPY M1 chart (I use GBPJPY because it has the most ticks of all the pairs), drag AccountSentry to the chart. Now add the AccountSentry template to the chart. At this point you have one red chart with nothing on it.
Now you will set 1 or 2 global variables for AccountSentry to work. Go to Tools -> Global Variables. The following variables need to be set, depending on how you want to use the program. The rest of the variables are used by the AccountSentry EA, and should not be touched, unless you know what you are doing. Set the GV_AccountBeginningBalance to whatever your current account balance is. Set GV_AccountEquityProtection to your protection value. For example, GV_AccountBeginningBalance = $1500, GV_AccountEquityProtection = $1000 (66% protection). A good way to test your EA is to leave this value at 0. Now your GV_TrailingEquityProtection Value will be your profit, and now monitor the Maximum Floating Loss and other Maximum Minumum values on the AccountSentry chart. These values will give you a good idea of how much room the EA needs to work, and what a good value would be for the GV_AccountEquityProtection. Now Close the Global Variables window.
Now install the EA you want to use on the charts that you want it to run on in the usual manner.
If the AccountSentry is in a halted state because of a breach of equity protection, here’s how to get things started again. Turn off Expert Advisers tab. Remove the AccountSentry from its GBPJPY chart. Go to your global variables and delete all the variables that start with the prefix GV_ Now, put the AccountSentry back on the chart. Go back to your global variables, and set the GV_AccountBeginningBalance to whatever your current account balance is. Set GV_AccountEquityProtection to your protection value. Turn on the Expert Advisors tab.
Attached File(s)
File Type: mq4 AccountEquityAnalyzer.mq4   13 KB | 439 downloads
File Type: mq4 AccountSentry.mq4   8 KB | 439 downloads
File Type: tpl AccountSentry.tpl   < 1 KB | 365 downloads
He has the right to criticize who has the heart to help. Abraham Lincoln
  • #2,589
  • Jan 7, 2009 1:30am Jan 7, 2009 1:30am
Quoting sahars
Eddie,

All the set according to default value setup in KG Flexible Ea. The only modification that I made is no. of lots to 0.03 (coz my equity start with $300),TP at $6 for 1H TF, $0.33 for 5M and MinDiff...
The original trade method entry has 4 settings:
StrongUpperBound
WeakUperBound
StrongLowerBound
WeakLowerBound

What values did you enter for each setting?
If you can bend in the wind you can ride the storm.
  • #2,590
  • Jan 7, 2009 1:46am Jan 7, 2009 1:46am
Quoting Jim4x
Hi all
I've been following this thread from the beginning, but unfortunately my laptop seems to go so slow when I run the KG indi's, so I haven't been forward testing very much.
Monitoring DD is very important to me, so I have searched and found a couple of useful files.
Account EquityAnalyser is an indicator that is very useful but does seem very heavy on the CPU
Account Sentry is an EA and can be used to protect accounts, so it will close trades if the settings are applicable etc.
The Sentry is a little complicated, so I've included the authors...
Thank you Jim, I'll check and test it... and we'll see what we can do with this..

Thanks,

KG
  • #2,591
  • Jan 7, 2009 2:09am Jan 7, 2009 2:09am
Quoting sundog
Steve, I was wondering if we could have a jump stop that gives us a bit of a profit. Just seen 2 trades with the JS set to zero then closed, one with a slight profit the other with a slight loss.

ta
That is why you shouldn't use the JS - if the basket retraces quickly on the first hop then it will close and almost always negative.

Might be good to have a "lock in (xx) then jumping stop"
(think that's in the TM EA?)

Eddie
  • #2,592
  • Jan 7, 2009 2:13am Jan 7, 2009 2:13am
Steve

Just remind me - does the Flexible EA run on other time frames?

Eddie
  • #2,593
  • Jan 7, 2009 2:14am Jan 7, 2009 2:14am
Quoting Steve;
Sundog:
Yes, it is easy to do and I will add this today or tomorrow.
As always, thanks Steve


Quoting eddiemiller
That is why you shouldn't use the JS - if the basket retraces quickly on the first hop then it will close and almost always negative.

Might be good to have a "lock in (xx) then jumping stop"
(think that's in the TM EA?)

Eddie

Yes Eddie, I agree it makes it difficult to use the JS, i've turned it off for now.

On the testing note, I've begun testing, today only so early days yet, on the 15mTF, with 90/9 and it seems to be quite effective. Steves spread monitor has kept me out of a couple of baskets, but thats what it is for.

Ciao
  • #2,594
  • Jan 7, 2009 2:56am Jan 7, 2009 2:56am
THREE trades opened.... DD increasing as the strength has again flattened.

- £25

Eddie
Attached Image (click to enlarge)
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  • #2,595
  • Jan 7, 2009 2:59am Jan 7, 2009 2:59am
Quoting highrisk
The original trade method entry has 4 settings:
StrongUpperBound
WeakUperBound
StrongLowerBound
WeakLowerBound

What values did you enter for each setting?
Hi..Highrisk

All the value is according to the default value. If not mistaken the value was 50(WeakUpperBound),65(StrongUpperBound),35(WeakLowerBound),
50(StrongLowerBound)

sahars.
  • #2,596
  • Jan 7, 2009 3:01am Jan 7, 2009 3:01am
Quoting eddiemiller
Steve

Just remind me - does the Flexible EA run on other time frames?

Eddie
Eddie,

I'm testing in it now at 5M time frame and 1 hour time frame.

Sahars.
  • #2,597
  • Jan 7, 2009 3:04am Jan 7, 2009 3:04am
Quoting sahars
Eddie,

I'm testing in it now at 5M time frame and 1 hour time frame.

Sahars.

I have just seen my error this morning - all my testing so so has been on 1H TF, but this morning for some reason I am running on 5m TF (gulp)

Eddie
  • #2,598
  • Jan 7, 2009 3:07am Jan 7, 2009 3:07am
Quoting eddiemiller
I have just seen my error this morning - all my testing so so has been on 1H TF, but this morning for some reason I am running on 5m TF (gulp)

Eddie
(gulp)... qqqqqqqqq how you can do that...

KG
  • #2,599
  • Jan 7, 2009 3:14am Jan 7, 2009 3:14am
Quoting sahars
Hi..Highrisk

All the value is according to the default value. If not mistaken the value was 50(WeakUpperBound),65(StrongUpperBound),35(WeakLowerBound),
50(StrongLowerBound)

sahars.
I have change this to 20(WeakUpperBound),80(StrongUpperBound),0(WeakLowerBound),
0(StrongLowerBound)

$73 in profit in 2 hours with open trades at $-54. It almost looks like a 40% 60%.
If you can bend in the wind you can ride the storm.
  • #2,600
  • Jan 7, 2009 3:30am Jan 7, 2009 3:30am
I now have a hedging situation. Take a look.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen.jpg Size: 294 KB
If you can bend in the wind you can ride the storm.
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