Too my knowledge their are 3 main sessions. London, New York and what i call Asia (Pacific) being AUD, JPY and NZD.
Relative Strength Basket Trading System
- #3,003
- Jan 23, 2009 12:09pm Jan 23, 2009 12:09pm
Steve,
No worries. You did a great job in this thread. I have been watching this thread for along time and I used KG EA, I did not post anything in this thread before and did not contribute anything, because i am still trying to understand I usually watch GU, EU and sometimes GJ.
Recently, I switched to Daily because of time availability to stare at the screen. I came back to this thread after Christmas vacation. it is like few 100 posts.
I appreciate your contribution to all of us here.
Anto
No worries. You did a great job in this thread. I have been watching this thread for along time and I used KG EA, I did not post anything in this thread before and did not contribute anything, because i am still trying to understand I usually watch GU, EU and sometimes GJ.
Recently, I switched to Daily because of time availability to stare at the screen. I came back to this thread after Christmas vacation. it is like few 100 posts.
I appreciate your contribution to all of us here.
Anto
- #3,004
- Jan 23, 2009 12:20pm Jan 23, 2009 12:20pm
- | Joined Nov 2006 | Status: Trader | 1,143 Posts
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
- #3,008
- Jan 23, 2009 5:16pm Jan 23, 2009 5:16pm
- | Commercial User | Joined Apr 2007 | 8,331 Posts
I'm currently running demos on all 3 methods. I've noticed when trading the original method, the KG RS V4 EA display shows Weak Lower and Strong Lower to be the same number regardless of set file inputs.
I've also noticed that (only in the original method) the EA is taking trades in the wrong direction. Is anyone else having the same problem? I've attached my set file if anyone would like to take a look.
I'm currently using the EA in the 4 hr TF with the following inputs:
WeakUpperBound: 45
WeakLowerBound: 0
StrongUpperBound: 100
StrongLowerBound: 55
MinDiff: 8
I allow the EA to take out a basket (the wrong way), then close it and manually open a basket the correct way and am having good results with little DD.
- #3,009
- Jan 23, 2009 5:38pm Jan 23, 2009 5:38pm
- | Commercial User | Joined Apr 2007 | 8,331 Posts
What is the recommended lot for trading the DC? I noticed that in one of Steve's postings he had 1 nano lot per $100 for the DC? is that about right?
- #3,011
- Jan 23, 2009 6:31pm Jan 23, 2009 6:31pm
- | Commercial User | Joined Apr 2007 | 8,331 Posts
I've also noticed that (only in the original method) the EA is taking trades in the wrong direction. Is anyone else having the same problem? I've attached my set file if anyone would like to take a look.
I'm currently using the EA in the 4 hr TF with the following inputs:
WeakUpperBound: 45
WeakLowerBound: 0
StrongUpperBound: 100
StrongLowerBound: 55
MinDiff: 8
I allow the EA to take out a basket (the wrong way), then close it and manually open a basket the correct way and am having good results with little DD.
I see you have ReverseNotCancel set to its default of true. This decimated a Range demo earlier this week, so I turned it off. Nobody else whinged about it, so I assumed nobody was using it.
There is a monumental error in the conditionals in the ReverseNotCancel routine that seems to me to explain why your trades were being placed in the wrong direction.
I will release the updated version with this bug squished in time for market opening. Please let us know if this solves the problem.
I assumed that using ReverseNotCancel with the Range trades failed because the strategy was a failure, not because the coding was rubbish. I shall try using the setting again next week.
Many thanks for your eye to detail. Without it, this problem would have taken much longer to come to light.
Hehe. Plea to coders here. When the blazes am I going to come to grips with these blasted conditionals.
Hey ho. 
- #3,015
- Jan 24, 2009 6:30am Jan 24, 2009 6:30am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
An excellent idea.
On a side note Steve it doesn't seem to open the nzd/chf pair now but I'm not sure if it's because it is following the settings or if it just couldn't find a trade. In any case I'll let you know.
The reopening of trades is still a problem. I understand why it happens but if a trade is closed out at profit I'd like it to not open another as most of the time these turn into losses.
What I have been doing is shutting down the EA prior to closing trades. This is an ok workaround if you only want to trade one or two baskets per day.
It also seems no matter what, some pairs in a basket never work out. Is this the reason for the individual pair filters? If so excellent as I'd like to just have it ignore certain pairs.
- #3,017
- Jan 24, 2009 7:41am Jan 24, 2009 7:41am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
Hopefully you'll figure out that bug. Maybe code from one method is leaking into another? or rules are not being applied across the board in the settings somehow?
Surely, if Tradexxx is set to false, then CompareTriggerStrengths doesn't get called.
Can you see anything wrong?
Inserted Code
void CheckForCrosses()
{
// Sets up the paramaters to send to CompareTriggerStrength, which checks for crosses and
// sets up globals to tell the EA to send trades at the next opportunity
// GBP pairs
if (TradeGBP)
{
if (TradeJPY) CompareTriggerStrengths("GBP", "JPY");
if (TradeUSD) CompareTriggerStrengths("GBP", "USD");
if (TradeEUR) CompareTriggerStrengths("EUR", "GBP");
if (TradeCHF) CompareTriggerStrengths("GBP", "CHF");
if (TradeAUD) CompareTriggerStrengths("GBP", "AUD");
if (TradeNZD) CompareTriggerStrengths("GBP", "NZD");
if (TradeCAD) CompareTriggerStrengths("GBP", "CAD");
}//if (TradeGBP)
// JPY pairs
if (TradeJPY)
{
if (TradeEUR) CompareTriggerStrengths("EUR", "JPY");
if (TradeUSD) CompareTriggerStrengths("USD", "JPY");
if (TradeCHF) CompareTriggerStrengths("CHF", "JPY");
if (TradeAUD) CompareTriggerStrengths("AUD", "JPY");
if (TradeNZD) CompareTriggerStrengths("NZD", "JPY");
if (TradeCAD) CompareTriggerStrengths("CAD", "JPY");
}//if (TradeJPY)
// USD pairs
if (TradeUSD)
{
if (TradeEUR) CompareTriggerStrengths("EUR", "USD");
if (TradeCAD) CompareTriggerStrengths("USD", "CAD");
if (TradeNZD) CompareTriggerStrengths("NZD", "USD");
if (TradeAUD) CompareTriggerStrengths("AUD", "USD");
if (TradeCHF) CompareTriggerStrengths("USD", "CHF");
}//if (TradeUSD)
// EUR pairs
if (TradeEUR)
{
if (TradeCHF) CompareTriggerStrengths("EUR", "CHF");
if (TradeCAD) CompareTriggerStrengths("EUR", "CAD");
if (TradeNZD) CompareTriggerStrengths("EUR", "NZD");
if (TradeAUD) CompareTriggerStrengths("EUR", "AUD");
}//if (TradeEUR)
// AUD pairs
if (TradeAUD)
{
if (TradeCHF) CompareTriggerStrengths("AUD", "CHF");
if (TradeNZD) CompareTriggerStrengths("AUD", "NZD");
if (TradeCAD) CompareTriggerStrengths("AUD", "CAD");
}//if (TradeAud)
// CHF pairs
if (TradeCHF)
{
if (TradeNZD) CompareTriggerStrengths("NZD", "CHF");
if (TradeCAD) CompareTriggerStrengths("CAD", "CHF");
}//if (TradeCHF)
}// End void CheckForCrosses() I can add extra lines of code to CompareTriggerStrengths:
if (xxx = "CHF" and !TradeCHF) return;
and will do if need be. I simply cannot see how CompareTriggerStrengths is getting called if a particular trigger is disabled.
- #3,018
- Jan 24, 2009 7:54am Jan 24, 2009 7:54am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
I haven't found the bug yet, but I have just found a huge one that probably explains some of the odder trades.
The DC section of the code has a number of references to "EER" instead of "EUR", in conditionals. This results in the wrong reading being taken from KG RS GROUP.
Oops.
The DC section of the code has a number of references to "EER" instead of "EUR", in conditionals. This results in the wrong reading being taken from KG RS GROUP.
Oops.
- #3,019
- Jan 24, 2009 8:24am Jan 24, 2009 8:24am
- | Joined Jan 2008 | Status: I'll pip your face! | 40 Posts
I haven't found the bug yet, but I have just found a huge one that probably explains some of the odder trades.
The DC section of the code has a number of references to "EER" instead of "EUR", in conditionals. This results in the wrong reading being taken from KG RS GROUP.
Oops.
I am not a coder by any means but have a number of coders working for me so I have some experience troubleshooting bugs. It looks like to me on first glance to be correct. The only thing I can think of is it's a logic problem between the main trigger and the individual pairs option?
Maybe just have a section for selecting the pairs to trade only rather than blanket trading triggers per currency and individual pairs?
Try to isolate the dc code to a separate ea and test it that way to see if you can narrow it down? It could be code or rules bleeding in from other parts of the ea.
Sorry I can't offer more help than that. Maybe some of the other coders in this thread can take a stab at it.
Good news on finding the other bug.
Chance favors the prepared mind...
Yes please, Junja. I think I have the code sussed but that is only because it works for me on my machine. A look at what others have done would be great.
These eas, among others, have hours management:
- CCI_RSI.mq4 Originally by: Robert Hill
- HMA POWER2.01 & 2.02
- STOCH POWER EA.
GodsGift7 also has some, but apparently it can cope only being traded from EU & US timeframes, not Asian.
I could post them if you want but they're probably available on http://www.forexmt4.com/
Junja