Relative Strength Basket Trading System | Page 149 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading system using relative strength 2,816 replies

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

Trading System Using Relative Strength-Part 2 1,499 replies

My version of a relative strength basket 2 replies

Attachments: Relative Strength Basket Trading System
Exit Attachments

Relative Strength Basket Trading System

  • #2,961
  • Jan 21, 2009 6:36pm Jan 21, 2009 6:36pm
Steve, I got everything working... This is an amazing piece of coding on your part. Kudos to everyone that has spent time on this thus far.

I am testing it now.

I wonder if you might have the ability to code in what I call a protective ts. It would work as a normal ts but after it's hit, for every pip it moved down the ts would continue to rise but only at a set amount. A full pip or what I think would be better... a fractional pip based on some input during setup.

As it rises from there it would continue thinning the gap as well till it hit the original level it was triggered at which point it would resume trailing by one pip. Then restart all over again at the new level.

It would be nice for larger tp and ts settings obviously and not so much on smaller ones. It could help eek out a little more profit on each trade. The downside is it could take you out sooner on a bit of bouncing which is why I think on larger ts settings it would work fairly well.

It might be too complex to figure out but let me know what you think and if it's even possible.

Thanks again for the fine work you've done on this ea.
Chance favors the prepared mind...
  • #2,962
  • Jan 22, 2009 1:01am Jan 22, 2009 1:01am
Quoting sundog
Ok thanks I see my error.

Also btw, does the new time filter apply only to the DC?


tks.
It doesn't apply to DC; only to basket trading.

  • #2,963
  • Jan 22, 2009 1:02am Jan 22, 2009 1:02am
Quoting pipbuilder
Steve, I got everything working......
I will think about it.

  • #2,964
  • Jan 22, 2009 3:59am Jan 22, 2009 3:59am
Quoting SteveHopwood
I will think about it.


No worries. I thought it would be right up your ally with the TP SL management ea you've created.
Chance favors the prepared mind...
  • #2,965
  • Jan 22, 2009 6:40am Jan 22, 2009 6:40am
DC: default settings- over 8 hours and no trade made.
  • #2,966
  • Jan 22, 2009 6:43am Jan 22, 2009 6:43am
A quick question for you Steve. I am using the newest version of the ea on Daily Cross. I have both NZD and CHF set to false as triggers and trades disabled for any pair including them within the pair. Yet it has only taken one trade which is long nzd/chf LOL every time I close it it reopens and goes down (a lot) currently -60 pips.

No other trades are opened even though it appears the gbp should have been as best I can tell.

Any ideas as to what I am doing wrong?
Chance favors the prepared mind...
  • #2,967
  • Jan 22, 2009 6:43am Jan 22, 2009 6:43am
Quoting dracozny
DC: default settings- over 8 hours and no trade made.
Same here. except for the nzd/chf I just posted about.
Chance favors the prepared mind...
  • #2,968
  • Jan 22, 2009 6:50am Jan 22, 2009 6:50am
Not sure if this is something indicating the problem but there is a continuous stream of errors in the journal tab (pasted a small snippet below):

09:48:30 Old tick EURAUD1440 1.99040/1.99140
09:48:30 Old tick EURAUD60 1.99040/1.99140
09:48:30 Old tick EURAUD240 1.99040/1.99140
09:48:37 Old tick EURUSD1440 1.29470/1.29490
09:48:37 Old tick EURUSD240 1.29470/1.29490
09:48:37 Old tick EURUSD60 1.29470/1.29490
09:48:37 Old tick EURJPY1440 114.53000/114.56000
09:48:37 Old tick EURJPY60 114.53000/114.56000
09:48:37 Old tick EURJPY240 114.53000/114.56000
09:48:37 Old tick EURCHF1440 1.49560/1.49580
09:48:37 Old tick EURCHF60 1.49560/1.49580
09:48:37 Old tick EURCHF240 1.49560/1.49580
09:48:37 Old tick GBPCHF1440 1.58600/1.58660
09:48:37 Old tick GBPCHF60 1.58600/1.58660
09:48:37 Old tick GBPCHF240 1.58600/1.58660
Chance favors the prepared mind...
  • #2,969
  • Jan 22, 2009 6:50am Jan 22, 2009 6:50am
Quoting pipbuilder
Same here. except for the nzd/chf I just posted about.
Can you save your current settings to a .set and post it here.
I'll take a look to see if I see anything wrong.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,970
  • Jan 22, 2009 7:28am Jan 22, 2009 7:28am
Quoting matrixebiz
Can you save your current settings to a .set and post it here.
I'll take a look to see if I see anything wrong.
Here it is.
Attached File(s)
File Type: zip set.zip   2 KB | 360 downloads
Chance favors the prepared mind...
  • #2,971
  • Jan 22, 2009 8:05am Jan 22, 2009 8:05am
Take a closer look at your inputs, pipbuilder. You have CHF enabled in the DC section, so it is going to trade anything it pairs with.

The reason the EA re-enters the trade as soon as you close it is, it has no reason not to. So far as it is concerned, a cross has occurred and the lower tf values line up, so in goes the trade.

There are a lot of inputs and the EA is complex. The first thing to do when there appears to be a problem is to look closely at your inputs and refer to the user guide. Most of the difficulties people are posting about here are because they have made daft mistakes in the inputs.

This is perfectly understandable - I have made them myself and it is my EA. I am simply making the point that users will save themselves many headaches from banging their heads against brick walls, if they take time to scrutinise all their inputs slowly and carefully.

Said the guy with no eye for detail whatsoever. Hey ho.

On a general note, guys, there is little point in posting "....such-and-such isn't happening. What am I doing wrong?" How should I know? The EA is doing exactly what I want it to do on my machine. The chances of me knowing what is causing your difficulty is as remote as me knowing the favourite colour of your great-grandmother's primary school teacher.

Extra details are needed for a diagnosis - mostly screen shots and set files.

  • #2,972
  • Jan 22, 2009 8:13am Jan 22, 2009 8:13am
Thanks for your patience Steve, and it was Turquoise, I am surprised you didn't know that
  • #2,973
  • Jan 22, 2009 8:16am Jan 22, 2009 8:16am
Quoting SteveHopwood
Take a closer look at your inputs, pipbuilder. You have CHF enabled in the DC section, so it is going to trade anything it pairs with.
As soon as I hit the 'send' button, I thought, "Well, it shouldn't" and had a look at the code.

Even though you had TradeCHF enabled accidentally, the EA still should not be trading NZDCHF. I will look at that.

I will also add matrixeb's code for stopping fresh trades until a user-defined period of time has passed. I thought the min stop loss would remove the need for it, but there might be times when we want to close a trade manually and not want it to reappear seconds later.

  • #2,974
  • Jan 22, 2009 8:20am Jan 22, 2009 8:20am
Quoting sundog
Thanks for your patience Steve, and it was Turquoise, I am surprised you didn't know that
  • #2,975
  • Jan 22, 2009 8:29am Jan 22, 2009 8:29am
Quoting SteveHopwood
Take a closer look at your inputs, pipbuilder. You have CHF enabled in the DC section, so it is going to trade anything it pairs with.

The reason the EA re-enters the trade as soon as you close it is, it has no reason not to. So far as it is concerned, a cross has occurred and the lower tf values line up, so in goes the trade.

There are a lot of inputs and the EA is complex. The first thing to do when there appears to be a problem is to look closely at your inputs and refer to the user guide. Most of the difficulties people are posting about...
OK made that change but it still validates and opens NZDCHF and nothing else. Wouldn't it open all the nzd or chf pairs as well... not just the one?. I shut down metatrader after changing setting and rechecked to be sure it saved.

I won't worry about it now as it's still a work in progress and it's likely some boneheaded move on my part. Thanks for taking a look.
Chance favors the prepared mind...
  • #2,976
  • Jan 22, 2009 9:12am Jan 22, 2009 9:12am
I am fairly sure it is not the code, but I have just thought what it might be.

The EA keeps track of crosses by setting global variables. Run the platform and press the F3 key. Any existing globals will show up in the window that F3 calls up. Delete any that are older than, say, Monday. It does no harm to delete them all; if a cross has occurred, the EA will simply replace the global.

You are looking especially for a gv called "KgDcNZDCHFPendingTrade".

Sing out if this does not cure the problem, as it means there is a fault in the code.

  • #2,977
  • Jan 22, 2009 9:18am Jan 22, 2009 9:18am
Quoting SteveHopwood
I am fairly sure it is not the code, but I have just thought what it might be.

The EA keeps track of crosses by setting global variables. Run the platform and press the F3 key. Any existing globals will show up in the window that F3 calls up. Delete any that are older than, say, Monday. It does no harm to delete them all; if a cross has occurred, the EA will simply replace the global.

You are looking especially for a gv called "KgDcNZDCHFPendingTrade".

Sing out if this does not cure the problem, as it means there is a fault in the...
Trying it now. Will report back in a few minutes
Chance favors the prepared mind...
  • #2,978
  • Jan 22, 2009 9:20am Jan 22, 2009 9:20am
When I hit F3 I get an empty box. Nothing at all listed.
Chance favors the prepared mind...
  • #2,979
  • Jan 22, 2009 9:25am Jan 22, 2009 9:25am
Then it is definitely a bug. Thanks.

  • #2,980
  • Jan 22, 2009 10:00am Jan 22, 2009 10:00am
steve just so i'm certain, v4 automatically has the time filter for not trading yen during asian session etc??
1 trader viewing now