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Relative Strength Basket Trading System

  • #3,201
  • Feb 2, 2009 4:07pm Feb 2, 2009 4:07pm
Quoting SteveHopwood
As I described earlier, the EA starts validating a DC cross trade when a cross happened two candles ago.

Are you after an alert as soon as the cross happens? For example:

  1. Yesterday,GBP trigger's rs was below that of JPY.
  2. Today it is above, so a cross has occurred, so show an Alert to show this?

Yes, Steve, sound an alert after a cross has occurred just to give a heads up to us traders of the EA, and for those of us who would like to jump in manually. What do you think? Thanks Steve, for whatever you can do, if it is in the cards.

Misterpipster
  • #3,202
  • Feb 2, 2009 4:08pm Feb 2, 2009 4:08pm
Well, it just so happens that 2 minutes ago I got 2 DC trades opened.

Sell gbpusd
&
Sell gbpjpy

Patience is a virtue I guess....lol
  • #3,203
  • Feb 2, 2009 4:13pm Feb 2, 2009 4:13pm
Quoting misterpipster
Yes, Steve, sound an alert after a cross has occurred just to give a heads up to us traders of the EA, and for those of us who would like to jump in manually. What do you think? Thanks Steve, for whatever you can do, if it is in the cards.

Misterpipster
Will do that. I had a look at the code earlier and I am sure this will be easy to add. I won't do it know, as I have spiritually joined Eddie in consuming red wine and red wine goes straight to my coding fingers.

Some time soon.

  • #3,204
  • Feb 2, 2009 4:15pm Feb 2, 2009 4:15pm
Quoting tommyd
Well, it just so happens that 2 minutes ago I got 2 DC trades opened.

Sell gbpusd
&
Sell gbpjpy

Patience is a virtue I guess....lol
Hehe. Glad we got the same trades. Bit of a bugger else.

  • #3,205
  • Feb 2, 2009 4:18pm Feb 2, 2009 4:18pm
Steve,

Your are truly a giver. I have not seen anyone spend so much time to help people on a free forum as you by doing the massive coding you have for everyone. Again, I appreciate everything you have done.

Regards,
Jeff

Quoting SteveHopwood
Hehe. Glad we got the same trades. Bit of a bugger else.

  • #3,206
  • Feb 2, 2009 4:21pm Feb 2, 2009 4:21pm
Quoting azjeff
Steve,

Your are truly a giver. I have not seen anyone spend so much time to help people on a free forum as you by doing the massive coding you have for everyone. Again, I appreciate everything you have done.

Regards,
Jeff
Cheers azjeff. You have played your part by giving me tools to use with the EA. Good to see you here.

  • #3,207
  • Feb 2, 2009 4:21pm Feb 2, 2009 4:21pm
Quoting SteveHopwood
Will do that. I had a look at the code earlier and I am sure this will be easy to add. I won't do it know, as I have spiritually joined Eddie in consuming red wine and red wine goes straight to my coding fingers.

Some time soon.

Ok, great Steve. Thanks. Enjoy your vino with Eddie. I heard the U.K. is getting a ton of snow. Good luck. Drink lots of anti-freeze (wine) and keep warm. I'm from Chicago and know that kind of weather. Take care.

Misterpipster
  • #3,208
  • Feb 2, 2009 4:30pm Feb 2, 2009 4:30pm
Quoting misterpipster
Ok, great Steve. Thanks. Enjoy your vino with Eddie. I heard the U.K. is getting a ton of snow. Good luck. Drink lots of anti-freeze (wine) and keep warm. I'm from Chicago and know that kind of weather. Take care.

Misterpipster
This is the UK we are talking about. We see an inch of snow about once a decade. We can cope with that. No probs. An inch of snow? Ha. I laugh at your inch of snow.

Make that 2 inches and the entire country will grind to a halt. People will be forced to don an overcoat, and perhaps the odd hat and pair of gloves. Public services will hang up their hats and hibernate.

Ok, so it has been a bit more than a couple of inches, and the Authorities have generally done the best they can, given that we get this kind of snow about once every 20 years.

It is bloody cold, too. Never mind. Here in the UK, the start of the domestic first class cricket season is about 9 weeks away. The sun will soon be shining.

If DC carries on as it has started, the sun will be shining much earlier than April.

  • #3,209
  • Feb 2, 2009 4:36pm Feb 2, 2009 4:36pm
I thought you got more than a couple of inches the way the news is describing it, but that's more than everyone is used to. Our average temperature this winter in Chicago is 15.8 degress F. Snowfall will probably come close to last year's 90 inches. We love it....NOT. With the DC EA, I will probably spend the winter in Bermuda, or someplace like that. Why don't we all go. Take care.

Misterpipster
  • #3,210
  • Feb 2, 2009 4:39pm Feb 2, 2009 4:39pm
Stevehopwood_



Thanks for introducing the stoch filter----but am not sure if the filter uses the last timeframe(entry-timeframe) because the EA is still opening signals at the overbought levels like the example below---\

I think is better for the EA to use the stoch filter at the last timeframe--my settings are 1440-240-60-15-----i think it should only check the signal at the 15 minutes timeframe---

What do you think

thanks
Attached Image (click to enlarge)
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  • #3,211
  • Feb 2, 2009 4:54pm Feb 2, 2009 4:54pm
Quoting taomql4
Stevehopwood_



Thanks for introducing the stoch filter----but am not sure if the filter uses the last timeframe(entry-timeframe) because the EA is still opening signals at the overbought levels like the example below---

I think is better for the EA to use the stoch filter at the last timeframe--my settings are 1440-240-60-15-----i think it should only check the signal at the 15 minutes timeframe---

What do you think

thanks
The Stoch filter applies to DC trades, not to Original and Range basket trades.
  • #3,212
  • Feb 2, 2009 4:56pm Feb 2, 2009 4:56pm
Steve - dc now trading at 2 bars as you said.

Eddie
  • #3,213
  • Feb 2, 2009 5:05pm Feb 2, 2009 5:05pm
Quoting eddiemiller
Steve - dc now trading at 2 bars as you said.

Eddie
Thanks Eddie. I will happily take your word for it. Here is hoping for a great week.

  • #3,214
  • Feb 2, 2009 5:07pm Feb 2, 2009 5:07pm
Quoting misterpipster
I thought you got more than a couple of inches the way the news is describing it, but that's more than everyone is used to. Our average temperature this winter in Chicago is 15.8 degress F. Snowfall will probably come close to last year's 90 inches. We love it....NOT. With the DC EA, I will probably spend the winter in Bermuda, or someplace like that. Why don't we all go. Take care.

Misterpipster
Hehe. Give it a couple of years and Bermuda will become a tad crowded.
  • #3,215
  • Feb 2, 2009 11:25pm Feb 2, 2009 11:25pm
hello mr. dracozny,
many thanks for the note
ea works
I have trades.
best regards josef
  • #3,216
  • Feb 3, 2009 2:12am Feb 3, 2009 2:12am
Here you are mrpipster.

The new input is ImmediateAlertOnCross. You will find it in the DC section, directly under the Stochastic inputs. By default, it is set to false as not many people will want it.

Theoretically, here is how it works (taking a long GBP EUR cross as an example):

  1. the EA sees that yesterday, GBP trigger RS was lower than EUR trigger RS, but today it has gone higher. It shows and sounds an Alert to warn you.
  2. It places a global variable called "KgDcGBPEURFirstCross" on the platform, to tell the EA that it has alerted you and doesn't have to drive you nuts by telling you 5 times a second for the rest of the day. The value in the gv will be 0 for long, 1 for short.

I say 'theoretically' because I have not tested this. Sing out if anything doesn't work as it should.

There is nothing else new in this version, so only bother downloading it if you want this feature.

Attached File(s)
File Type: zip KG Relative Strength EA V6b.zip   671 KB | 665 downloads
  • #3,217
  • Feb 3, 2009 2:27am Feb 3, 2009 2:27am
hello mr.SteveHopwood,

just ask:
is EA compatible with others EA?
or he trades all of the other ea?

best thanks
and regards josef

  • #3,218
  • Feb 3, 2009 4:46am Feb 3, 2009 4:46am
Quoting SteveHopwood
Here you are mrpipster.

The new input is ImmediateAlertOnCross. You will find it in the DC section, directly under the Stochastic inputs. By default, it is set to false as not many people will want it.

Theoretically, here is how it works (taking a long GBP EUR cross as an example):[list][*]the EA sees that yesterday, GBP trigger RS was lower than EUR trigger RS, but today it has gone higher. It shows and sounds an Alert to warn you.[*]It places a global variable called "KgDcGBPEURFirstCross" on the platform, to tell the EA that it has...

Thanks Steve. I will download it now and check it out.

MP
  • #3,219
  • Feb 3, 2009 6:00am Feb 3, 2009 6:00am
Thanks for the response, I agree with you on the code, just thought I would ask. I've written several EA's doing various things and probably wouldn't give out my code either

Here is the logic I use in scaling trades... Once a trade gets into profit, I wait until the bar closes for the period I am trading, and then based either on the number of pips or dollar amount, I just open another position. I tend to write my EA's to follow some sort of trend so "scaling" turns out to be very profitable when you hit the trend. Of course, when your are wrong, you have to have solid money management to get you out.

I love your EA, so I will just follow this thread and see what happens. One thing that would be helpful to me and others is when you "tune" the settings, is to post the "set" with those "tuned" settings. I see you are including them in the zip file, just don't know if they include the latest and greatest settings.

Quoting SteveHopwood
Sorry, I intended replying to this all day but have been busy.

I will not release the source code for three reasons:[list=1][*]A lot of it is so embarrassing that nobody else is ever going to see it. [*]I know from reading other threads that all sorts of (often brilliant) coders will add their own personal bit to an EA. The thread ends up with mega-variations that are impossible to keep tabs on.[*]There are far worse EA's than this one being sold on Ebay for stupid amounts of money. If I release the source code, unscrupulous...
  • #3,220
  • Feb 3, 2009 6:08am Feb 3, 2009 6:08am
Quoting callmevossle
Here is the logic I use in scaling trades... Once a trade gets into profit, I wait until the bar closes for the period I am trading, and then based either on the number of pips or dollar amount, I just open another position. I tend to write my EA's to follow some sort of trend so "scaling" turns out to be very profitable when you hit the trend. Of course, when your are wrong, you have to have solid money management to get you out.
Cheers. I have copied that into the EA as a comment so I don't have to go looking for it again later. We can all start to think about this a little further down the line - not too far away, I should think.

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