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Kang Gun Relative Strength trading - the EA's

  • #81
  • Feb 17, 2009 6:35am Feb 17, 2009 6:35am
Dear All

I have been running EA (original and range v1.3) on demo account. It opened some trades on 16 Feb and close them on 17.

I just want to know that the last trade EUR/GBP, shouldnt it be a sell instead of buy.

Awaiting your reply.


Attach is screen shot.
Attached Image (click to enlarge)
Click to Enlarge Name: KG RANGE AND ORIGINAL.jpg Size: 184 KB
Thanks and Regards Zamir M Iqbal
  • #82
  • Feb 17, 2009 2:42pm Feb 17, 2009 2:42pm
Quoting Maxoxide
sorry mate, all i can saved is this set files only for EA KG RS basket v7b

i PC got crash and all i have to do is re-installing my Operating System..

will share the new setting files later after testing this week and comes out with great result since i do have a problems in DD (just look at the floating OP in the statement)

Max
THX
I will test this soon as posible
  • #83
  • Feb 18, 2009 6:49am Feb 18, 2009 6:49am
Been running this in .01 lot IBFX demo since Sunday... It has now opened 2 Baskets.. about 20 total trades... nothing closed yet.

Questions about the TP... did not see in manual... TP=2 Should I assume this is a 2% profit? Based on current equity, account balance... or at time of opening trade?
Is it measured by all open trades or individual Baskets?

Thanks

Wayne
  • #84
  • Feb 18, 2009 9:59am Feb 18, 2009 9:59am
KG RS ALL 1.2c is doing quite well this week. I changed from the m5 chart to the 1hr chart and man what a difference. Anyone else running it still?
  • #85
  • Feb 18, 2009 5:46pm Feb 18, 2009 5:46pm
Quoting tazmaan
KG RS ALL 1.2c is doing quite well this week. I changed from the m5 chart to the 1hr chart and man what a difference. Anyone else running it still?
Yes, I am. I switched from 15 min to 30min charts this week and it seems to be doing better. Don't know whether it is due to market conditions or the higher time frame or both. Last week the EA did well on Monday but seemed to lose ground the rest of the week.
  • #86
  • Feb 18, 2009 6:29pm Feb 18, 2009 6:29pm
Quoting saintmo
Yes, I am. I switched from 15 min to 30min charts this week and it seems to be doing better. Don't know whether it is due to market conditions or the higher time frame or both. Last week the EA did well on Monday but seemed to lose ground the rest of the week.
the DC EA was intended for daily charts but recently is bieng tested on 4hour charts, there is a setting to compare to other timeframes as well. 15 and 30 min charts, rather surprising you would test at that level
  • #87
  • Feb 18, 2009 6:53pm Feb 18, 2009 6:53pm
Yeah, 1hr seems to be pretty nice so far, be curious to see the comparison between the 4hr and 1hr for this week.
  • #88
  • Feb 18, 2009 7:27pm Feb 18, 2009 7:27pm
Quoting tazmaan
Yeah, 1hr seems to be pretty nice so far, be curious to see the comparison between the 4hr and 1hr for this week.
daily chart this week has bombed so far. too much ranging
  • #89
  • Feb 19, 2009 12:08am Feb 19, 2009 12:08am
Quoting dracozny
the DC EA was intended for daily charts but recently is bieng tested on 4hour charts, there is a setting to compare to other timeframes as well. 15 and 30 min charts, rather surprising you would test at that level
The info posted is not related to Steve's DC EA. It is about Matrixbiz KG RS All EA.
  • #90
  • Feb 19, 2009 1:20am Feb 19, 2009 1:20am
ah I missed that bit, I stand corrected
  • #91
  • Feb 19, 2009 8:48am Feb 19, 2009 8:48am
This is my 2 day result using mr Steve's latest EA, after last week trades got busted..

im optimizing the daily cross and make a tight filter @ 4H TF.


http://i41.tinypic.com/14wzqe9.jpg

  • #92
  • Feb 19, 2009 12:02pm Feb 19, 2009 12:02pm
Hello all and I want to first thank Mr. Steve and everyone else involved in the project.
I have read through all the manual and posts to make sure this was not answered there.I did not see the answer, but if I missed it, I am sorry for asking it again.
I wanted to demo the latest version 1.3 with a micro account using .03 lots and noticed the aud and nzd pairs are not available on a micro account with them.Also on a standard account with them,unless I didn't get the correct information, the smallest lot you can trade is .1.
I have read that one should not use a lot size greater than .05 if using an account size under $1000.00.Therefore, if one wants to trade under $1000.00 starting balance, he or she would have to exclude using the aud and nzd triggers?
Is that a problem trading the system without using those triggers?
Thanks again to everyone and have a great day!
Vince
  • #93
  • Feb 19, 2009 12:06pm Feb 19, 2009 12:06pm
Quoting letizia
Hello all and I want to first thank Mr. Steve and everyone else involved in the project.
I have read through all the manual and posts to make sure this was not answered there.I did not see the answer, but if I missed it, I am sorry for asking it again.
I wanted to demo the latest version 1.3 with a micro account using .03 lots and noticed the aud and nzd pairs are not available on a micro account with them.Also on a standard account with them,unless I didn't get the correct information, the smallest lot you can trade is .1.
I have read that one...
It makes no difference - the EA will not attempt to open trades using these triggers. Simply disable them in your EA settings.

  • #94
  • Feb 19, 2009 12:18pm Feb 19, 2009 12:18pm
Thanks Steve for the quick answer.Have a great evening!
Vince
  • #95
  • Feb 20, 2009 11:15am Feb 20, 2009 11:15am
is anyone have a live account with this EA? share the result please..

thks,
Max
  • #96
  • Feb 20, 2009 6:01pm Feb 20, 2009 6:01pm
Here is my result for KG RS ALL 1.2c for this week running on the 1h timeframe.
As you can see I started off with .10/pip, then decided to bump it up to $1/pip. But in any case, you can figure out the pip count for information's sake.
Attached File(s)
File Type: zip kgrsall1.2c-0216-0220.zip   11 KB | 690 downloads
  • #97
  • Feb 21, 2009 1:32am Feb 21, 2009 1:32am
Quoting tazmaan
Here is my result for KG RS ALL 1.2c for this week running on the 1h timeframe.
As you can see I started off with .10/pip, then decided to bump it up to $1/pip. But in any case, you can figure out the pip count for information's sake.
wow thats great..for about 1 week trade u made around 300 pips in mini lots.

congrat mate, is this still demo or live statement?

please keep on posting so everybody can learn fro ur trading, thats including me.

Max
  • #98
  • Feb 21, 2009 9:01am Feb 21, 2009 9:01am
That is demo. Since this one knowingly has a open DD issue that can get pretty big, I wanted to see how bad it was for a couple weeks before attempting anything live. If next week stays under control I may very well go live with it afterwards.
  • #99
  • Feb 21, 2009 9:29am Feb 21, 2009 9:29am
V 1.4 is attached to the first post in this thread. There are some new inputs to handle a second DC trading method. From the user guide:

_______________________________________________________________

Getting started

  1. Extract all the indicators to the Indicators folder of your mt4 platform. You do not need them on a chart, although KG RS GROUP V1.1 will send countless errors to your Experts tab if you do not drag this one onto a chart. If this does not bother you, then forget about it.
  2. Unzip the EA to the Experts folder of your mt4 platform.
  3. Decide which strategy you want to adopt. Either: KG's original method of sending a trade as soon as all the criteria are met; or Sahar's method of sending a pending order that will only fill if the price continues to move in the direction you want to trade. Each instance of the EA can trade only one strategy. If you want to trade more than one at a time, you have to use multiple instances of the EA on multiple charts.


. Daily Cross inputs are:

  1. TradeKgMethod: set this to 'true' to send a trade as soon as Validation is complete and all the filters line up.

  1. TradeSaharsMethod: if set to 'true', this adds an extra layer of security to the trade, because it sends a pending order that will only fill if the price continues to move in the direction you want to trade. These are the settings for this method:
  2. SaharsPendingDistancePips: the distance from the current price that you want to send the pending order. The default of 10 is pure guesswork.
  3. SaharsPendingTimeLimitHours: the number of hours you want the pending to stay with the broker before it expires. This avoids leaving 'orphan' trades when the market moves away from the trade and it never gets filled. The default of 4 hours is pure guesswork.
  4. An example of how this works:

    1. GBP trigger crosses USD trigger.
    2. Validation of lower tf's is complete.
    3. All the other filters are in favour of the trade.
    4. Say the market is at 1.4000. The EA sends a pending buy order to fill at 1.410.

_______________________________________________________________

This is not a full implementation of Sahar's idea, but a half-way house. Full implementation requires a lot of extra coding, so I am trying this first to see if I can get away with it. If not, I shall code the full thing. This is what Sahars contributed recently:

Quote
For our discussion purpose, say the DC send signal to buy the pairs, but instead of buying, we send order for sell with SL=10, AddBEP=5, JS start at 10 pips profit.The moment the order closed by JS i.e 10 pips profit, send the EA to make an order buystop with 10 pips above the closing price of the JS. This method call testing.. the resistance and is functioning for confirming the price if is start moving toward to our favour as per initialy iniated by EA. If the direction is confirm start moving on our favour, the order will be taken automatically...
We shall see.

Testing progress:
Using Sahar's 'safe' set, the account is nearly 30% up in two trading weeks. This would have been more still but for a loser late this week and so many ODT losers that I have turned off the function.

Triple-method demo:
This is also up nearly 30% but was nearly +40% at one point. A couple of Range baskets were closed by the Strength in loss function; that apart, the Range method has added consistently to the balance.

The Original method has caused a lot of DD, with baskets hanging around in dd for ages. I see no future for this method of trading unless someone can suggest a decent exit routine for those occasions that a basket goes bad.

  • #100
  • Feb 21, 2009 11:12am Feb 21, 2009 11:12am
Thks Steve for your effort for all of us here..i really appreciate it.

will test the new EA next week. right now im still testing the v1.3 DC EA and try to configure the best setting.
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