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Relative Strength Basket Trading System

  • #3,361
  • Feb 9, 2009 8:55pm Feb 9, 2009 8:55pm
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.
  • #3,362
  • Feb 9, 2009 9:31pm Feb 9, 2009 9:31pm
Just in case people didn't see it Sahars is saying:

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


Sorry I couldn't resist. I think the board may be having some issues this evening.
It takes me 1.5 bars on the M1 chart to eat a pancake.
  • #3,363
  • Feb 9, 2009 11:06pm Feb 9, 2009 11:06pm
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.
  • #3,364
  • Feb 9, 2009 11:14pm Feb 9, 2009 11:14pm
Quoting sahars
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.
Hi Guys...

Something wrong with this forum. I just sent it once but it appeared been sent it many times...Sorry guys,is not me sent it this message to the board a many times and please ignore it.. and I feel

Sahars.
  • #3,365
  • Feb 9, 2009 11:52pm Feb 9, 2009 11:52pm
actually i am having problems loading the site tonight, and aparently a select few other sites...
  • #3,366
  • Feb 10, 2009 1:46am Feb 10, 2009 1:46am
Quoting sahars
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.
Did you look in the Experts tab for an error message? My best guess is that this is a platform-related problem; 'trade context busy' is the most likely culprit here.

  • #3,367
  • Feb 10, 2009 6:12am Feb 10, 2009 6:12am
Quoting SteveHopwood
Did you look in the Experts tab for an error message? My best guess is that this is a platform-related problem; 'trade context busy' is the most likely culprit here.

Steve,

I think you are right..!! Anyway, that is a small matter. Your EA had performed beyond my expectation.... i.e. for 4H TF produced 592 pips (yesterday) and 290 pips (today) and still counting, while the Daily TF produced 54 pips (yesterday) and 110 pips (today).

Since KG, you and others start this forum, I've tested every single version of your EA's and Matrixebiz EA's, and along that way...I found that those Ea's are amazing..and sometime produced thousands of pips a day , but the same time also produce very high DD(drawdown). Thanks to you man.. and Matrixebiz for the time and effort to this forum.

Cheers

sahars.
  • #3,368
  • Feb 10, 2009 6:13am Feb 10, 2009 6:13am
Steve

I don't know why but baskets are closing off... yet there are no settings to tell them to do so..... it should just run and run, shouldn't it?

Eddie
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  • #3,369
  • Feb 10, 2009 6:22am Feb 10, 2009 6:22am
Quoting sahars
Steve,

I think you are right..!! Anyway, that is a small matter. Your EA had performed beyond my expectation.... i.e. for 4H TF produced 592 pips (yesterday) and 290 pips (today) and still counting, while the Daily TF produced 54 pips (yesterday) and 110 pips (today).

Since KG, you and others start this forum, I've tested every single version of your EA's and Matrixebiz EA's, and along that way...I found that those Ea's are amazing..and sometime...
You are most welcome, sahars. You are one of the group that makes a big contribution here. Without those contributions, the EA would be a shadow of itself.
  • #3,370
  • Feb 10, 2009 6:47am Feb 10, 2009 6:47am
steve, i wanna ask about your great EA..

it is possible to trade one pair only on original method or range strategy rather than trade the whole basket? if its possible, how to set the EA?

what is the the conditions for the original or range strategy? i mean is the trigger pair become strong / weak against 1 or 2 pair in the group or wait for the whole basket get wek/ strong against the trigger pair?

cause in my observation not all the time the whole basket is weak/strong against the trigger currency..

sorry for my bad english, many thks in advance..
  • #3,371
  • Feb 10, 2009 6:53am Feb 10, 2009 6:53am
Quoting sahars
Steve,

I think you are right..!! Anyway, that is a small matter. Your EA had performed beyond my expectation.... i.e. for 4H TF produced 592 pips (yesterday) and 290 pips (today) and still counting, while the Daily TF produced 54 pips (yesterday) and 110 pips (today).

Since KG, you and others start this forum, I've tested every single version of your EA's and Matrixebiz EA's, and along that way...I found that those Ea's are amazing..and sometime...

Hi Sahars

Can you tell me again what you're using on the 4hr time frame? Is it the DC with the set file you provided last week?



Cheers

Sundog
  • #3,372
  • Feb 10, 2009 7:20am Feb 10, 2009 7:20am
Quoting sundog
Hi Sahars

Can you tell me again what you're using on the 4hr time frame? Is it the DC with the set file you provided last week?



Cheers

Sundog
Sundog,

Yep..except I change it the AddBEP=15 instead of 10. The rest all the same. But if you AddBEP=10, the result is almost the same...and still on profit..

Sahars.
  • #3,373
  • Feb 10, 2009 7:21am Feb 10, 2009 7:21am
Thank you
  • #3,374
  • Feb 10, 2009 7:26am Feb 10, 2009 7:26am
Quoting eddiemiller
Steve

I don't know why but baskets are closing off... yet there are no settings to tell them to do so..... it should just run and run, shouldn't it?

Eddie
You have got close on recross enabled but your lower time frame filters are wrong. You are trading a 4h chart yet your first lower tf filter is also set to 4h. This subjects you to random recross closures when we get these phantom crosses caused by violent jumps in the trigger indices, and your CloseDcLowerTimeFrameFilter2 setting of 60 also registers a recross. That is why your trades were closed.

From the user guide:

 

  1. CloseDcTradesOnRecross: this tells the EA to close open trades if the trigger strength indices re-cross against the trade. These re-crosses turned out to be fleeting due to wide jumps from tick to tick; for example, it is normal to see JPY at 25 on one tick, then 75 on the next. This meant that trades were being closed at a loss, based on an incorrect reading of the relative strength of the two currencies in the pair. I have adopted BluePerl's suggestion of checking for a recross on lower time frames so:
  2. CloseDcLowerTimeFrameFilter1: this should represent the next tf down from the one you are trading. The default of 240 represents the 4H tf, as this is a daily trading strategy.
  3. CloseDcLowerTimeFrameFilter2: this should represent the second tf down from the one you are trading. The default of 240 represents the 1H tf, as this is a daily trading strategy.

  • #3,375
  • Feb 10, 2009 7:31am Feb 10, 2009 7:31am
Quoting sundog
Thank you
Sundog,

For Daily you may try it JS=31, AddBEP=25...This set so far the safest but less pips produced compared to 4H TF. I think Steve using JS=51 and AddBEP=35 in Daily chart.. Another thing... I'm using the V5 version, not the latest version since I feel comfortable with this version.

I would suggest you used the latest version and we compare the result daily for 4H TF and Daily TF. Currently, I running 6 demo platforms, 2 EA's by Steve, 2 by Matrixebiz and 2 another EA. I wish I could run more platforms, but it seems my notebook can handle it any more..(old notebook).

Here the lastest result, 4HT F produced 363 pips with 4 open trades and DD=-$9.00 while Daily TF already produced 110 pips with no pending orders.


Cheers

Sahars.
  • #3,376
  • Feb 10, 2009 7:34am Feb 10, 2009 7:34am
Quoting SteveHopwood
You are most welcome, sahars. You are one of the group that makes a big contribution here. Without those contributions, the EA would be a shadow of itself.
Steve, i agree with Sahars... I've been testing and compare DC methode manually on H4 and D1 time frame . The result is really huge different base on my two weeks forward test... I think we should test H4 too... what do you think?

Thanks

KG
  • #3,377
  • Feb 10, 2009 7:40am Feb 10, 2009 7:40am
Quoting Kang_Gun
Steve, i agree with Sahars... I've been testing and compare DC methode manually on H4 and D1 time frame . The result is really huge different base on my two weeks forward test... I think we should test H4 too... what do you think?

Thanks

KG
Hi KG...

In fact I already test it since last week..The 4H TF is a monster...and produced high pips compared to Daily...However, on last Friday..the profit that accumulated for the week almost gone in a day trade...I think that is bad friday...!!. Compared to Daily...is gaining profit steadily but like a turtle..slow..!! Anyway, we'll see again for this week.

See Ya Bro...

Salam

Sahars
  • #3,378
  • Feb 10, 2009 7:43am Feb 10, 2009 7:43am
Quoting Kang_Gun
Steve, i agree with Sahars... I've been testing and compare DC methode manually on H4 and D1 time frame . The result is really huge different base on my two weeks forward test... I think we should test H4 too... what do you think?

Thanks

KG
Yes, I think so. I have been trying sahar's method of getting in and out quickly on the 4H and it has been working for me. Maybe we should run a longer test trading the 4H using the DC as originally intended - allowing the trades to run.

A cross is a cross is a cross, I suppose. Whilst testing the close-on-recross function, I ran the EA on a 15m chart. Sometimes even these trades went into a collective profit of hundreds of pips, so the 4H must stand a good chance of being profitable.

  • #3,379
  • Feb 10, 2009 9:24am Feb 10, 2009 9:24am
Sahars must have a pretty powerful notebook. Anyway i've set up all of the possible trading options, Original, Strength, DC daily and DC 4hr.

I haven't had any Strength trades, The Original is little less than break even, just upped the diff to 8 from 7.

The DC daily at the moment the SL for the few have killed the profit of the many.

The DC 4hr, seems to be working well, though its only been an couple of hours.

Matrixebiz's EA has been working well, though it has a tendency to rip the wrong way before working back. I have that on the 5min chart as well as a 4 hour chart, thanks to Sahars suggestion.
  • #3,380
  • Feb 10, 2009 9:46am Feb 10, 2009 9:46am
Sundog,
I'd be curious at some point to see how your results using matrix's ea compares from 5min to 4hr chart. I have mine running on 5min as well.
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