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Relative Strength Basket Trading System

  • #3,401
  • Feb 11, 2009 5:49am Feb 11, 2009 5:49am
Sorry Steve - I was using your set file on the 4H.... there are just too many setting now and I am struggling to keep up (which considering I had input for the development of the EA isn't good).

If the first two methods are at their conclusion of development and your direction is with getting the DC to work better, cleaner and faster then putting it into it's own EA is a good idea.

Also a nice time to clean code, compact where possible and make things easier for the less intelligent to follow (I put myself in this group as settings for the DC have lost me more pips then gained).

Users of the DC EA need to be very aware that using a setting on the wrong TF or in conjunction with another setting can render the EA useless and cause havock on the account... is there any way of setting in place some kind of confirmation, logic table and simpler user guide to prevcent this from happening?

Reason I ask is that if it is too complicated to setup then people wont, we will all lose feedback and develpoment......

I am sure loads of forum memembers will now refer ME to the user guide, tel me it's all there..... etc..... fact is I am reasonably intellegent (was joking above) and still dont clearly understand these settings. I wonder how the less metal gifted are managing?

Eddie
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  • #3,402
  • Feb 11, 2009 5:51am Feb 11, 2009 5:51am
Quoting SteveHopwood

Is it time to separate the DC functions and put them into a separate EA?

Steve, add my yes vote to the others - to my mind the dc method is the best!

Just a suggestion - is it possible to put in a check that when the cross occurs, one currency indi is rising while the other is falling? Just had a big SL on gbpaud where a cross occurred while both currencies indi were falling. I don't think this happens often tho.

Cheers
  • #3,403
  • Feb 11, 2009 6:08am Feb 11, 2009 6:08am
Quoting matrixebiz
I'll think about it for a future release, I just don't have alot of time right now.

Not a problem, thanks for considering it
  • #3,404
  • Feb 11, 2009 6:52am Feb 11, 2009 6:52am
Quoting eddiemiller
Sorry Steve - I was using your set file on the 4H.... there are just too many setting now and I am struggling to keep up (which considering I had input for the development of the EA isn't good).

If the first two methods are at their conclusion of development and your direction is with getting the DC to work better, cleaner and faster then putting it into it's own EA is a good idea.

Also a nice time to clean code, compact where possible and make things easier for the less intelligent to follow (I put myself in this group...
I concur with Eddie here.
I'm not an everyday poster here but I was there at the beginning of ES Traders thread and do believe this approach has great merit.
Wow this has progressed a long way from Kris's original thread, really astounding...

Breaking the DC out on it's own is a good idea imo. Clean things up & clarify.
  • #3,405
  • Feb 11, 2009 7:06am Feb 11, 2009 7:06am
Quoting maxdd
Steve, add my yes vote to the others - to my mind the dc method is the best!
Ok, it looks like the consensus is to move the DC functions into a separate EA. That is easily done.

Quote
Just a suggestion - is it possible to put in a check that when the cross occurs, one currency indi is rising while the other is falling? Just had a big SL on gbpaud where a cross occurred while both currencies indi were falling. I don't think this happens often tho.

Cheers
I think that is a good idea and will code it. Looking at the indi, it does not happen often but it does happen.

Other contributors mention pair-specific inputs. I am against this idea purely because of the number of extra inputs this would create - they would make the current monster EA look like a babe in arms in comparison. Anybody else got any feelings about this?

Finally, I am considering starting a locked thread for the purpose of posting the latest versions of the EA's - locked so that people have to come here to read about it and contribute to the EA's development. I just think it might be more convenient for people to find the latest version in the same place every time. So:

  1. Anybody know how to lock a thread - I don't.
  2. KG, would you object to your indi going in the new thread as part of the usual zip download?

  • #3,406
  • Feb 11, 2009 7:52am Feb 11, 2009 7:52am
Hi Steve,

Add my vote for the DC method also. Thanks for your huge contribution. Glad I am here.

Misterpipster
  • #3,407
  • Feb 11, 2009 7:59am Feb 11, 2009 7:59am
Quoting SteveHopwood
Ok, it looks like the consensus is to move the DC functions into a separate EA. That is easily done.


I think that is a good idea and will code it. Looking at the indi, it does not happen often but it does happen.

Other contributors mention pair-specific inputs. I am against this idea purely because of the number of extra inputs this would create - they would make the current monster EA look like a babe in arms in comparison. Anybody else got any feelings about this?

Finally, I am considering starting a locked thread for the purpose of posting...
Do it Steve... we need to close this thread. All we need with this thread already done. Now we just focus to development the EA.. so, a new thread will be good..

KG
  • #3,408
  • Feb 11, 2009 8:04am Feb 11, 2009 8:04am
Quoting Kang_Gun
Do it Steve... we need to close this thread. All we need with this thread already done. Now we just focus to development the EA.. so, a new thread will be good..

KG
Ok, I will do this as soon as I am sure the separated EA's are working properly.

  • #3,409
  • Feb 11, 2009 8:12am Feb 11, 2009 8:12am
Quoting SteveHopwood
Ok, I will do this as soon as I am sure the separated EA's are working properly.

OK, when you have finish it just open a new thread and I will close this thread and give the new link to your thread... so everybody easily tracking this project. is it ok ?

Regards,

KG
  • #3,410
  • Feb 11, 2009 8:22am Feb 11, 2009 8:22am
super - just let me know the new thread when it is open.

Eddie
  • #3,411
  • Feb 11, 2009 9:23am Feb 11, 2009 9:23am
I have separated the EA into separate ones - just need to make sure they work OK.

In the new thread, I shall be as disinclined to answer daft questions posed by people too lazy to do the reading as I am in this one. It would be nice, though, if there was a brief document available, outlining the salient points of each trading method so that new contributors do not have to read 200 or so pages before starting to understand the EA.

Do we have a volunteer able to write the document clearly and succinctly?

  • #3,412
  • Feb 11, 2009 12:05pm Feb 11, 2009 12:05pm
On matrix's ea (for those using it), what are you putting in for a stop to keep the drawdown from just collecting?
I have it on the 5m timeframe, and it's raking in the profit, however it's got some serious long term trades open still with some very heavy DD. over 50% of the starting balance is in DD at the moment. Do we just let it ride and wait for it to come back (it's been a couple days now) or should I have had a stop in place?
Thanks
  • #3,413
  • Feb 11, 2009 1:24pm Feb 11, 2009 1:24pm
Quoting SteveHopwood
I have separated the EA into separate ones - just need to make sure they work OK.

In the new thread, I shall be as disinclined to answer daft questions posed by people too lazy to do the reading as I am in this one. It would be nice, though, if there was a brief document available, outlining the salient points of each trading method so that new contributors do not have to read 200 or so pages before starting to understand the EA.

Do we have a volunteer able to write the document clearly and succinctly?

Happy to have a go for you.... is it a case of fleshing out the guide/compacting the forum info.. or is there anything else to go on?

I do have a bit of time on my hand in between fitting a new bathroom so what time scale were you hoping for (reckon I can complete it in two weeks?)

Eddie
  • #3,414
  • Feb 11, 2009 4:10pm Feb 11, 2009 4:10pm
Quoting eddiemiller
Happy to have a go for you.... is it a case of fleshing out the guide/compacting the forum info.. or is there anything else to go on?

I do have a bit of time on my hand in between fitting a new bathroom so what time scale were you hoping for (reckon I can complete it in two weeks?)

Eddie
Cheers Eddie. I was really thinking about 10 mins of work to distil the three methods into a series of bullet points that fit onto a side of A4 - the Janet and John version.

Not entirely sure that would take you a fortnight. More like your first coffee/red wine break in between some plumbing.

Good luck with the bathroom.

  • #3,415
  • Feb 11, 2009 4:56pm Feb 11, 2009 4:56pm
Ok, I have separated the Monster EA into two separate EA's - one for basket trading and the second for DC trading.

I have set up the new thread for development of these EA's. You will find it at
http://www.forexfactory.com/showthread.php?t=152341

  • #3,416
  • Feb 11, 2009 6:35pm Feb 11, 2009 6:35pm
Dear All,

Our project will be continue to the new thread here : http://www.forexfactory.com/showthread.php?t=152341 This thread will be focus on EA development base on our indicator that we have been develop here....

Thanks to all of you that already give contributions on this project... Without your input all this project will not happened.. So, start today i close this thread.

Best Regars and see you in the new thread,

KG
  • #3,417
  • Feb 11, 2009 6:39pm Feb 11, 2009 6:39pm
Quoting Kang_Gun
Dear All,

Our project will be continue to the new thread here : http://www.forexfactory.com/showthread.php?t=152341 This thread will be focus on EA development base on our indicator that we have been develop here....

Thanks to all of you that already give contributions on this project... Without your input all this project will not happened.. So, start today i close this thread.

Best Regars and see you in the new thread,

KG
Can't help but feel a tinge of sadness. This is a great thred.

Cheers all. Onwards and upwards.

  • #3,418
  • Feb 12, 2009 4:03pm Feb 12, 2009 4:03pm
good stuff...

Eddie
forexpipsignals.com
  • #3,419
  • Mar 4, 2009 11:11am Mar 4, 2009 11:11am
Salam Kenal KG,

Saya Aekok dari INdonesia dan ada di Batam....

To the point KG, saya mau minta tolong nih sama KG untuk buat EA sederhana. Jika KG tidak keberatan alias bersedia bisa email ke saya no HP KG nanti biar saya telpon......
Kang Gun nama jawa ya? Dari mana jawanya mas...?
Saya Semarang.....

Terima kasih sebelumnya KG......

Aekok
(email [email protected])

Tak tunggu KG....
  • #3,420
  • Jul 28, 2009 12:35pm Jul 28, 2009 12:35pm
Quoting Kang_Gun
I have just check the code, and found a little bit miss calculations. So here the update version, just delete the first indicator or just copy and replace the first one with this one.

Thank You & Sorry,

KG
I try very hard to put the ex4 into the metatrade indicator folder and restart...but the indicator never gets listed in navigator. pls help.
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