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Relative Strength Basket Trading System

  • #3,341
  • Feb 8, 2009 9:37am Feb 8, 2009 9:37am
Quoting eddiemiller

1. True
2. This is not the universal finding

Eddie

Hello Mr.Eddie ,

I come back to the answer you gave to KG, for point 2, you said that this is not the "universal finding" , I think that you were not convince that the EA was performing so well on the tranding range and original method (looks true for you but not for KG)......can you please be more precise ( is it because the best settings for the "original and range trading" methods haven't be tuned and found for both strategies yet ? ( in this case it will be good to keep working on from solid base..no?) or is it because those 2 methods request permanent changes of the settings once the market evolve or change (trigger threshold)?, please let me know your view.

KG thank you fo your comments, if you have good results with the 2 others strategies (trading range & original method) ...could you please post the settings in order for us to do some test and refine it.......I have used the EA original strategy (in manual, just the alert windows) with setting downloaded on this forum and since 2 weeks I did not get very good result so far.

Waiting for an answer from you guys, in order for me to contribute to development of this EA in order to get the most out of it.http://www.forexfactory.com/images/icons/dollar.gif

Cheers http://www.forexfactory.com/images/icons/icon7.gif

loic
  • #3,342
  • Feb 8, 2009 10:28am Feb 8, 2009 10:28am
Quoting loic
Hello Mr.Eddie ,

I come back to the answer you gave to KG, for point 2, you said that this is not the "universal finding" , I think that you were not convince that the EA was performing so well on the tranding range and original method (looks true for you but not for KG)......can you please be more precise ( is it because the best settings for the "original and range trading" methods haven't be tuned and found for both strategies yet ? ( in this case it will be good to keep working on from solid base..no?) or is it because those 2 methods...
Hi

Currently testing the DC methods and to this my comments relate.

Eddie
  • #3,343
  • Feb 9, 2009 2:42am Feb 9, 2009 2:42am
Quoting SpongeWorthy
Here is a quote from cybernet69 the scum who is trying to sell kang's work:

"For those who are interested i have setup a DEMO account with Alpari (UK) Limited so you can monitor the trades in real-time.

Login : 560414
Pass : ffqi4hx

However, trades will only be placed based on market conditions matching the internal logic of the EA. Therefore, i wouldn't advise anyone to sit there starring at the screen 24/5."

[font=Arial]If...
Really?
  • #3,344
  • Feb 9, 2009 3:50am Feb 9, 2009 3:50am
Hello M. Steve and all the stength Traders here!,

1-After I went trough you very well documented Ea package, I let you know that in the PDF "how to use EA......pdf" , section "trading range" there is a screen shot with at the bottom a trend/indicator with the level 25, 50, 75 highlighted in yellow showing JPY strength only, I let you know that this is not coming by default on my chart whatever the stragegies selected are.
Could you let me know how to set it up ?http://www.forexfactory.com/images/icons/icon3.gif


2-Also I let you know that I have still an error in the expert tab thas show KS group v1.1.............BP/JPY,H1: error code 4202 (i.e: object does not exist)....this happen just when I load the metatrader platform.........do you see any problems behind this error message?http://www.forexfactory.com/images/icons/icon4.gif

Cheers......thanking you M.Steve for your time and your excellent work.

Loichttp://www.forexfactory.com/images/icons/icon12.gif
  • #3,345
  • Feb 9, 2009 4:17am Feb 9, 2009 4:17am
Hi Guys,

Some of you guys are probably aware and some not that there is already a commercial strength meter called http://forexgrail.com/, this not a fully automated EA with MM as much as developed here but an external program (exe, not integrated to the metatrader platform) that use the DDE server of the broker and the strength meter show weak and strong currency spoted by a color code that you enter the trade manualy once you identify the biggest deviation between a pair or many pairs.

Does someone has already used and analysed it and can we spot similar indications, results or behavior than the "KG RS group" developed here ?

cheers
  • #3,346
  • Feb 9, 2009 6:06am Feb 9, 2009 6:06am
Sundog, Matrixebiz,

I already setup new demo during asian session for the latest KG RS All. Up to now, the EA is already produced 290 pips with no pending orders. Looks great...TP=31 pips, SL=1000pips, 4H TF. BTW we will see how is the performance for the whole weeks.

Cheers

Sahars.
  • #3,347
  • Feb 9, 2009 9:21am Feb 9, 2009 9:21am
Steve, have you had any Range trades with V7? Tks

Sahars, good going, be interested to see how it fairs.


Sundog
  • #3,348
  • Feb 9, 2009 10:23am Feb 9, 2009 10:23am
Quoting sundog
Steve, have you had any Range trades with V7? Tks

Sundog
Yes - had some today.

  • #3,349
  • Feb 9, 2009 10:45am Feb 9, 2009 10:45am
Quoting SteveHopwood
Yes - had some today.

mine is not trading range method.. why is that mate..im using ur setting files from the zip files
  • #3,350
  • Feb 9, 2009 10:57am Feb 9, 2009 10:57am
Quoting Maxoxide
mine is not trading range method.. why is that mate..im using ur setting files from the zip files
Don't know. Insufficient information.

  • #3,351
  • Feb 9, 2009 11:13am Feb 9, 2009 11:13am
Many apologies, guys. There is some mis-coding in the new DC close-on-recross function. This is fixed in V7b.

Attached File(s)
File Type: zip KG Relative Strength EA V7b.zip   585 KB | 3,055 downloads
  • #3,352
  • Feb 9, 2009 12:29pm Feb 9, 2009 12:29pm
Steve - been out all day and I guessed something was wrong.

Eddie
Attached File(s)
File Type: pdf Statement_09022009.pdf   78 KB | 1,428 downloads
  • #3,353
  • Feb 9, 2009 4:15pm Feb 9, 2009 4:15pm
Ok guys. V7b just closed a DC trade under what appears to be the correct circumstances, so it looks as though the code works ok. Not certain, mind, so please post here if you notice anomolies.

  • #3,354
  • Feb 9, 2009 5:41pm Feb 9, 2009 5:41pm
sahars, are you using close on recross?
my dc set got rocked today.
  • #3,355
  • Edited 6:32pm Feb 9, 2009 6:26pm | Edited 6:32pm
Steve, V7,

I have the JS set to 21, BEP 10, when it crossed the 21 it set the BEP 10, great as advertised. As I watched it move up to 45, I waited for the JS to move to 20 which it should have done at 42? Correct? but it didn't.

Is this right, the way the EA did it?

Tks.


Ok, I see it Jumped 31 points later @ 52 pips profit.
  • #3,356
  • Feb 9, 2009 6:46pm Feb 9, 2009 6:46pm
Quoting sundog
Steve, V7,

I have the JS set to 21, BEP 10, when it crossed the 21 it set the BEP 10, great as advertised. As I watched it move up to 45, I waited for the JS to move to 20 which it should have done at 42? Correct? but it didn't.

Is this right, the way the EA did it?

Tks.


Ok, I see it Jumped 31 points later @ 52 pips profit.
Not sure if I can explain this properly as it is late and the red wine was pleasant again tonight. I can say the EA is working properly here.

Here goes, although I might have to rewrite this in the morning:

When the sl is 0 or <0 then the EA will set the sl to BEP as soon as the JS profit is reached. From here, the equation reads: jump the sl by jsl as soon as the market reaches (sl + (JS * 2)) for a buy, or (sl - (JS * 2)) for a sell.

You have probably worked this out already, but it does no harm for me to have to re-evaluate my equations. Working the damn things out in the first place causes me a lot of pain, and I cannot guarantee they are always correct. I know the one I have described works, 'cos it does.

  • #3,357
  • Feb 9, 2009 6:51pm Feb 9, 2009 6:51pm
Quoting RaverStyleTim2
sahars, are you using close on recross?
my dc set got rocked today.
Nope..I set it to false. I do not want dc close on recross. My trade will be closed either by stoploss or jumping stop.

Cheers

Sahars.
  • #3,358
  • Feb 9, 2009 6:55pm Feb 9, 2009 6:55pm
Steve,

I found that the EA sometimes failed to closed partially, but I have a previous record that pairs is be able to be closed partially by the EA. The strange part is when the partial closed failed, the following pairs also failed to be closed partially. This problem somehow can only be resolved by rebooting the MT4.

Sahars.
  • #3,359
  • Edited 7:00pm Feb 9, 2009 6:56pm | Edited 7:00pm
double post
  • #3,360
  • Feb 9, 2009 7:13pm Feb 9, 2009 7:13pm
Steve,

I found that the EA sometimes failed to closed partially, but I have a previous record that pairs is be able to be closed partially by the EA. The strange part is when the partial closed failed, the following pairs also failed to be closed partially. This problem somehow can only be resolved by rebooting the MT4.

Sahars.
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