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Relative Strength Basket Trading System

  • #3,281
  • Feb 5, 2009 4:22am Feb 5, 2009 4:22am
Quoting eddiemiller
Sahars - your "safe" set file has not performed overnight very well at all.


################################################
Remember - BOE will cut UK interest rates by at least .5% today to either 1% or possibly 0.5% (mid day UK time)
################################################

Eddie
Hi Eddie,

I do not know how to say it because my trade was done with lost for today and yesterday. I think you better check your set-up again.

Cheers

Sahars
  • #3,282
  • Feb 5, 2009 4:23am Feb 5, 2009 4:23am
Quoting sahars
Hi Eddie,

I do not know how to say it because my trade was done with lost for today and yesterday. I think you better check your set-up again.

Cheers

Sahars
Eddie,

Correction...'not with lost', by right it should be 'without lost'. Sometimes my though is faster than my hand..

Sahars
  • #3,283
  • Feb 5, 2009 5:17am Feb 5, 2009 5:17am
Quoting SteveHopwood
We might need to revisit this suggestion, BluePerl. I am finding that closing on a recross is merely cutting my DC trades to ribbons.

This might be down to market conditions, but I have noticed a peculiarity in the KG RS GROUP indi.

Take, for example, the white JPY line; what I describe is typical. Often its position on the graph and its numerical strength value are at variance, and often by a lot. The numerical value can be, say, 62 on one tick, 25 on the next.

My broker is IBFX and they do not have all 28 pairs required by the indi, so the...
Steve,
I'm observing the same - but I don't think its as issue with the 28 pairs. I've opened a trial with fxopen (which from memory was KG's broker) and its jumping around just as much.

Tho the indi values on fxopen are quite different to the FXDD demo i've been using for a while!!

Cheers
  • #3,284
  • Feb 5, 2009 5:22am Feb 5, 2009 5:22am
Quoting maxdd
Steve,
I'm observing the same - but I don't think its as issue with the 28 pairs. I've opened a trial with fxopen (which from memory was KG's broker) and its jumping around just as much.

Tho the indi values on fxopen are quite different to the FXDD demo i've been using for a while!!

Cheers
Thanks. That is helpful as it adds to my growing conviction that the recross close cannot work as currently implemented.

  • #3,285
  • Feb 5, 2009 5:50am Feb 5, 2009 5:50am
Quoting SteveHopwood
Thanks. That is helpful as it adds to my growing conviction that the recross close cannot work as currently implemented.

Hi Steve,

Do i miss something here?
Jesssss..... this thread growing very fast...
I have to read more than 10 pages... (i'm reading now...)

KG
  • #3,286
  • Feb 5, 2009 5:51am Feb 5, 2009 5:51am
Quoting SteveHopwood
Thanks. That is helpful as it adds to my growing conviction that the recross close cannot work as currently implemented.


I thought it was just too much data coming in whenever it "blinked". I didn't noticed the numbers being drastically different because it changed so quickly but it appears mine is doing the same thing (fxpro)
It takes me 1.5 bars on the M1 chart to eat a pancake.
  • #3,287
  • Feb 5, 2009 6:00am Feb 5, 2009 6:00am
Quoting sahars
Eddie,

Correction...'not with lost', by right it should be 'without lost'. Sometimes my though is faster than my hand..

Sahars
I don't want to be picky and at the same time if we are both using the same set file the results must be at least similar (allowing for broker differences).

Eddie
  • #3,288
  • Feb 5, 2009 6:00am Feb 5, 2009 6:00am
BOE cut to 1% ( .5% reduction)

Eddie
  • #3,289
  • Feb 5, 2009 6:32am Feb 5, 2009 6:32am
Quoting eddiemiller
BOE cut to 1% ( .5% reduction)

Eddie
Hi Eddie,

It's strange hah...!!, the V5 with my set already produce 315 pips for todays trade. FYI, I use IBFX for my broker...How about you..!!?

I hope you'll having good pipping as well...

Cheers..

Sahars.
  • #3,290
  • Feb 5, 2009 6:34am Feb 5, 2009 6:34am
Quoting Kang_Gun
Hi Steve,

Do i miss something here?
Jesssss..... this thread growing very fast...
I have to read more than 10 pages... (i'm reading now...)

KG
Do keep up, KG.
  • #3,291
  • Feb 5, 2009 7:08am Feb 5, 2009 7:08am
Quoting SteveHopwood
Do keep up, KG.
it's already V7 .... jesssssssss
I think we should add more logic in your EA to send directly the money from our broker to the bank....



KG
  • #3,292
  • Feb 5, 2009 7:40am Feb 5, 2009 7:40am
Hi All....strength Traders,

Can someone help to solve the problem for my EA to trade in Auto

In order to setup and test the EA, I have read all the files to setup the relative Strengh EA v6......but I m still having problem for the system to trade automaticaly, I can see the pop up alert screen showing weak and strong Pairs that are triggered but no trade to my account.

So I went to the metatrader expert advisor tab and see the following errors
_ KG...EAV6: error sent failed with error (131):invalid trade volume
_ an other one: KG....EAV6: error sent failed with error(4106) :unknown symbol,
_the last one is : KG....EAV6:unknown symbol name e.g.Euro/CHF for order send fonction.

I m using FXmeta from forex trading LLChttp://www.forexfactory.com/images/icons/icon9.gif

I will be thankfull if someone can help me to solve this problem

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: pbm send to broker.jpg Size: 268 KB
http://www.forexfactory.com/images/icons/icon12.gif
  • #3,293
  • Feb 5, 2009 7:54am Feb 5, 2009 7:54am
Quoting loic
Hi All....strength Traders,

Can someone help to solve the problem for my EA to trade in Auto

In order to setup and test the EA, I have read all the files to setup the relative Strengh EA v6......but I m still having problem for the system to trade automaticaly, I can see the pop up alert screen showing weak and strong Pairs that are triggered but no trade to my account.

So I went to the metatrader expert advisor tab and see the following errors
_ KG...EAV6: error sent failed with error (131):invalid trade volume
[color=royalblue]_...
Wow..I saw that you are running 3 EA's in a single platform. I would suggest you only run 1 EA for 1 platform because the KG Relative Strength EA is monitoring 28 pairs currency in that platforms.

You do that 1st and post the result..

Cheers

Sahars
  • #3,294
  • Feb 5, 2009 7:57am Feb 5, 2009 7:57am
Quoting loic
Hi All....strength Traders,

Can someone help to solve the problem for my EA to trade in Auto

In order to setup and test the EA, I have read all the files to setup the relative Strengh EA v6......but I m still having problem for the system to trade automaticaly, I can see the pop up alert screen showing weak and strong Pairs that are triggered but no trade to my account.

So I went to the metatrader expert advisor tab and see the following errors
_ KG...EAV6: error sent failed with error (131):invalid trade volume
[color=royalblue]_...
Looks like your lot size is too small, if you are going with the default and your broker does not allow micro-lots. Try changing to 0.1 lots instead.

  • #3,295
  • Feb 5, 2009 1:28pm Feb 5, 2009 1:28pm
Hello everyone this is my first post here,and I want to thank everyone for all the work put into this ea.I was going to try and see how it works on a demo, but I am having a problem I am not sure what is causing it?
I keep getting this error message:
2009.02.05 14:15:20 Cannot open file 'Drogram FilesInterbank FX Trader 4testexpertsindicatorsKG RS GROUP.ex4' on the GBPJPYm,H1
I looked in the indicator folder twice, and the version there is v1.1.One thing I did notice, that the indicator was under custom indicators and not regular indicators?
Have a great day all!
Vince
  • #3,296
  • Feb 5, 2009 3:41pm Feb 5, 2009 3:41pm
Dear Mr. SteveHopwood,

Please look them briefly on the chart,
Excuse my English is not good
I have read everything handbook and postings,
but only one to ask where is the stop?
and it is always the original version working --
the range and day version is not working
I have no manual answer found -
working range and low day?
please give me an answer
many thanks and best regards
josef
Attached Image (click to enlarge)
Click to Enlarge Name: KG ORIGINAL PICTURE.gif Size: 78 KB
  • #3,297
  • Feb 6, 2009 2:37am Feb 6, 2009 2:37am
this is ONE GREAT THREAD ive found..still reading and will catch up soon with you all...

i've been manual while learning and its bring profit in my demo but still not consistent yet.

thks a lot ppl on this thread, ur really2 helping especially KG to bring up this great system..

will share later guys..
  • #3,298
  • Feb 6, 2009 5:32am Feb 6, 2009 5:32am
Quoting sahars
Hi Eddie,

It's strange hah...!!, the V5 with my set already produce 315 pips for todays trade. FYI, I use IBFX for my broker...How about you..!!?

I hope you'll having good pipping as well...

Cheers..

Sahars.
Steve - there is something going on here.... either the EA is getting "WORST" or people are telling fibs!

Sahars - same broker, latest EA version YOUR set file DIFFERENT result. How do we explain this?

I have been involved in this for a long while (helping it develop etc) and am sure my settings are as described above.

Statement attached for the week..... Sahars file used from Wednesday where (at least) the downward dip stops... but no "massive" gains. I have used a 0.01 lot instead of the 0.03 but other than this nothing else is different.

Based on Sahars comments I should have collected 110 pips......

Eddie
Attached File(s)
File Type: pdf Statement_06022009.pdf   76 KB | 822 downloads
  • #3,299
  • Feb 6, 2009 5:47am Feb 6, 2009 5:47am
Quoting eddiemiller
Steve - there is something going on here.... either the EA is getting "WORST" or people are telling fibs!
Ehup Eddie.

Neither. Sahars did not make it properly clear that his setfile was for a 4H tf. This has done well for him this week.

It did very well for me for a couple of days. Last night took away all the gains as some triggers recrossed and hit their tp. On the D1 charts, using Sahar's settings but with JS 55 andAddBEP of 31, it did badly for a while but is now at nearly +7% on the week.

The DC method does need a close-on-recross, but simply measuring the gap between the two triggers does not work, for reasons discussed yesterday.

Over the weekend, I shall code BluePerl's suggestion to confirm the re-cross using lower time frames, so we can see how this works.

  • #3,300
  • Feb 6, 2009 6:19am Feb 6, 2009 6:19am
Quoting SteveHopwood
Ehup Eddie.

Neither. Sahars did not make it properly clear that his setfile was for a 4H tf. This has done well for him this week.

It did very well for me for a couple of days. Last night took away all the gains as some triggers recrossed and hit their tp. On the D1 charts, using Sahar's settings but with JS 55 andAddBEP of 31, it did badly for a while but is now at nearly +7% on the week.

The DC method does need a close-on-recross, but simply measuring the gap between the two triggers does not work, for reasons discussed yesterday.

Over...
Steve,

Thanks for clarification.

Sahars
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