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Relative Strength Basket Trading System

  • #2,841
  • Jan 15, 2009 4:03am Jan 15, 2009 4:03am
Quoting eddiemiller
Looks like the gods have conspired against this successful EA in the only way possible... so my PC has just recovered from a serious error, rebooted and as a result the open trades obviously not been managed.

DD is now out of sync on the account, but it has killed me....

Eddie
How annoying. That must be why some people use a VPS.

Looking at your pic, Eddie, you appear to have a LockInDollars setting that is higher than your JumpingStopDollars. The EA will set a sl of 1.15 as soon as the basket upl reaches 0.75, so the upl will be lower than your sl and the EA will close the basket. They need to be the other way around, I think.

  • #2,842
  • Jan 15, 2009 4:44am Jan 15, 2009 4:44am
Hmm, had the same thing happen, however Matrixebiz's EA fired off straight away.

Matrixebiz, I hope you still read the thread, any chance you could add a sleep function like Steve's EA to give the indicators a chance to settle down?


Tks.
  • #2,843
  • Jan 15, 2009 4:49am Jan 15, 2009 4:49am
Quoting SteveHopwood
How annoying. That must be why some people use a VPS.

Looking at your pic, Eddie, you appear to have a LockInDollars setting that is higher than your JumpingStopDollars. The EA will set a sl of 1.15 as soon as the basket upl reaches 0.75, so the upl will be lower than your sl and the EA will close the basket. They need to be the other way around, I think.

Not sure either way I need to upgrade the EA.

Eddie
  • #2,844
  • Jan 15, 2009 5:02am Jan 15, 2009 5:02am
Quoting saintmo
If the FXDD account does not allow micro lots shouldn't you change lot to .1 instead of .01? If I have misunderstood forgive the message.
Hi saintmo. I should have explained better. FXDD does allow .01 lots but that equals $1.00/pip. When I think of micro lots I think of the IBFX type of micro where .01 lot = .01 cents/lot. Hope I got that right.

Steve I will check the Journal and Experts tabs to see if they give me any leads. I rebotted and don't see the history. But I get the message I related above quite a few times a day. So I'll check the next time I get the error message.

Thanks to all.
Sandy
  • #2,845
  • Jan 15, 2009 6:14am Jan 15, 2009 6:14am
Quoting sundog
Hmm, had the same thing happen, however Matrixebiz's EA fired off straight away.

Matrixebiz, I hope you still read the thread, any chance you could add a sleep function like Steve's EA to give the indicators a chance to settle down?


Tks.
Here you go

BTW - Steve, great work on the EA been busy but trying out your new EA now.
Attached File(s)
File Type: ex4 KG RS ALL v1.2c EA.ex4   71 KB | 604 downloads
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,846
  • Jan 15, 2009 6:27am Jan 15, 2009 6:27am
Quoting matrixebiz
Here you go

Absolutely Awesome, thanks for such a prompt reply.
  • #2,847
  • Jan 15, 2009 7:05am Jan 15, 2009 7:05am
Here is one for the serial testers to play with.

'KG Relative Strength trading EA V1' incorporates all that came before. It can be used in place of 'KG basket flexible trading EA V4c'; there will be no further development of the 'KG basket flexible trading EA' series.

The latest includes a third trading option, the Daily Cross. The attached version is set to this by default. It goes on the D1 chart and needs KG RS GROUP V1.1 to be in the Indicators folder. Having it on the chart as well avoids those blasted subwindow errors we otherwise get in the Experts tab. You only need one instance of the EA running; it handles the placing of all the trades.

The Daily Cross routine watches for a cross of the strength indexes of the trigger currencies. When a cross occurs, it sets a global variable to tell the EA that a cross has occurred. At the start of the next candle, the EA will place a trade in the appropriate direction.

If you want a speeded up version just to see what happens, put the EA onto a 1m chart. The trades will be pretty silly but you won't have to wait days before something happens.

The EA sets a stop loss based on KG's post yesterday about this. There is no take profit, so the trades need monitoring either manually or using my MPTM, set to manage by magic number and with the appropriate mn entered.

Non-IBFX users, remember to remove the "m" from the PairSuffix and turn on the CAD trigger.

I haven't included the usual stuff in a zip, because I have yet to update the user guide. Just go with the defaults for now, if you do not understand the inputs.

Coders, intellingent and logical people might like to think about this: taking the GBP and JPY triggers, here is how a crossover of the GBP above JPY is detected:

  1. The EA looks at the stored relative strength values of GBP and JPY on the previous tick.
  2. It then compares the rs values of the current tick with those of the previous.
  3. If the strength of the GBP is higher than both the current and previous values of the JPY, then a cross has occurred.

Can anyone see anything wrong with this logic?

Coders, or the plain curious, the Daily Cross routine makes a lot of use of global variables - these are what makes it possible for an EA to pick up where it left off in the event of a disconnect. They are stored within the folders of your platform and so are not lost when your platform is shut down. If you are interested in seeing them, press the F3 key when you are running the platform and you will see them in a separate window.

The gv's you will see after the EA has been running for a while are these:

  1. KgDCOldBars: the number of bars in the chart - more of this later as I have a problem.
  2. KgDCRunBefore: tells the EA that there are gv's with previous strength indexes stored.
  3. Gv's ending in 'val' such as KgDcEURval: stores the value of the relative strength at the last tick.
  4. Gv's ending in 'PendingTrade' such as KgDcGBPAUDPendingTrade tells the EA which pairs have crossed. The values of: 0 tells the EA to trade long; 1 to trade short.
  5. KgDcFailedTradesExist: tells the EA that an attempt to send a trade failed, so it will keep on trying. The stored value means nothing. IBFX users will see this quickly on the 1m chart; we do not have GBPAUD available, but the EA is trying to send the trade. Eventually, I might include Tradexxxxxx inputs, but that makes a heck of a lot of extra inputs. We shall see.

At the moment, the EA is unable to pick up exactly where it left off in the case of a disconnect. On re-running, it will send the trades indicated by the Pending Trade gv's. This is a problem I am having with KgDCOldBars - can any of you coders suggest a solution?

int OldBars is declared in the General declarations section and is used to tell the EA when a new candle/bar has opened. At each tick, the DailyCross() function is called. This contains the obvious construct:

Inserted Code
   //Is this still the current day? If so, check for crosses
   if (OldBars == Bars)
   {
      ReadValuesIntoVars(); // Refresh the strengths
      CheckForCrosses(); // Checks for crosses and sets up globals to tell the EA to send trades at the next candle
      return;
   }


   //Is this a new bar?. If so, check for trade placements.   
   if (OldBars != Bars)
   {
      PrepareTradePlacement();
      OldBars = Bars;
      GlobalVariableSet("KgDCOldBars", OldBars);
   }//if (OldBars = Bars)
The EA reads KgDcOldBars on initialisation:

Inserted Code
if (TradeDailyCrossMethod)
   {
      OldBars = GlobalVariableGet("KgDCOldBars");
   }
OldBars should now hold the value stored in KgDCOldBars and so the EA should simply pick up where it left off, but OldBars stubbornly refuses to containany value other than zero. Can any of you coders see what I am doing wrong; this is driving me nuts.


Have fun. As usual, please make suggestions and, especially, report bugs.

Attached File(s)
File Type: ex4 KG Relative Strength trading EA V1.ex4   186 KB | 504 downloads
  • #2,848
  • Jan 15, 2009 7:56am Jan 15, 2009 7:56am
Steve, i got error message when run the new EA:

Attached Image (click to enlarge)
Click to Enlarge Name: error msg.png Size: 15 KB
  • #2,849
  • Jan 15, 2009 8:04am Jan 15, 2009 8:04am
Quoting gatuto
Steve, i got error message when run the new EA:

Attachment
I know my previous post was a bit of a long one, but that was out of necessity. You will find useful info there.
  • #2,850
  • Jan 15, 2009 8:09am Jan 15, 2009 8:09am
Attached Image (click to enlarge)
Click to Enlarge Name: kg relative strength 1.gif Size: 64 KB

Attached Image (click to enlarge)
Click to Enlarge Name: kg relative strength 2.gif Size: 58 KB
  • #2,851
  • Jan 15, 2009 8:43am Jan 15, 2009 8:43am
Day 2 update.
Attached File(s)
File Type: zip DetailedStatement.zip   8 KB | 405 downloads
  • #2,852
  • Jan 15, 2009 9:07am Jan 15, 2009 9:07am
Quoting cybernet69
Day 2 update.
Excellent. This is what we like to see.

Early days, I know, but the extra filter seems to be making a big difference to the dd.

  • #2,853
  • Jan 15, 2009 9:07am Jan 15, 2009 9:07am
the error is because the EA is designed for IBFX mini accounts. Steve can you adapt to Alpari like your previous EA?

Quoting gatuto
Steve, i got error message when run the new EA:

Attachment
TRADE FOR SWAP
  • #2,854
  • Jan 15, 2009 9:11am Jan 15, 2009 9:11am
Steve.

I am running my own EA.
  • #2,855
  • Jan 15, 2009 9:38am Jan 15, 2009 9:38am
Quoting cgldsmth
the error is because the EA is designed for IBFX mini accounts. Steve can you adapt to Alpari like your previous EA?
Here you go. All I have done is compiled it using the Alpari demo and removed the 'm' suffix; you will just need to check the other settings.

Attached File(s)
File Type: ex4 KG Relative Strength trading EA Alpari V1.ex4   186 KB | 457 downloads
  • #2,856
  • Jan 15, 2009 9:41am Jan 15, 2009 9:41am
I'm using a VPS, its only $18/mo., not that it's 100 percent uptime, but that's what they claim. For live trading I'd like a dedicated server at an ISP

Quoting eddiemiller
Looks like the gods have conspired against this successful EA in the only way possible... so my PC has just recovered from a serious error, rebooted and as a result the open trades obviously not been managed.

DD is now out of sync on the account, but it has killed me....

Eddie
  • #2,857
  • Jan 15, 2009 9:44am Jan 15, 2009 9:44am
Quoting cybernet69
Steve.

I am running my own EA.

I thought you were going to post your EA?
  • #2,858
  • Jan 15, 2009 10:04am Jan 15, 2009 10:04am
I have decided not to post my EA.

Although it uses the same indicators it uses a totally different trading approach.
  • #2,859
  • Jan 15, 2009 10:13am Jan 15, 2009 10:13am
Quoting cybernet69
I have decided not to post my EA.

Although it uses the same indicators it uses a totally different trading approach.
  • #2,860
  • Jan 15, 2009 10:19am Jan 15, 2009 10:19am
Reason being i have a meeting next week with several investment houses.
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