Kang Gun Relative Strength trading - the EA's | Page 23 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading system using relative strength 2,816 replies

Trading System Using Relative Strength-Part 2 1,499 replies

Updated CCFp and CFP indis for relative strength trading 55 replies

Relative Strength Basket Trading System 3,479 replies

Dyekid217 Trading relative strength and CICR 0 replies

Attachments: Kang Gun Relative Strength trading - the EA's
Exit Attachments

Kang Gun Relative Strength trading - the EA's

  • #441
  • May 30, 2009 1:30pm May 30, 2009 1:30pm
Steve,

That 45.5% profit was for 2 weeks. .01 lots. I went from $88 to $128. I am going to double the lot size (to .02) when equity gets to $175 or so. I am going to guard the EA with my life. Thanks for all that you are doing, and Kling and the rest. Take care.

misterpipster
  • #442
  • Edited 4:14pm May 30, 2009 3:59pm | Edited 4:14pm
Quoting misterpipster
Hello Steve,

I just wanted to say that I have used the Original and Range Trade EA with a 45.5% profit. I am afraid to change anything because that is awesome. Thanks for that. On another note, I am befuddled why on a basket trade of the USD strong on May 28th, that 6 currency pairs are all buy trades...the USD/JPY, USD/UCF, USD/CAD, NZD/USD, GBP/USD, and AUD/USD. The first 3 are losing and the last 3 are winning as of closing yesterday. Could you please advise? Thanks.

misterpipster
I too have had these anomalous-looking baskets.

I cannot explain them because I do not understand how KG's indi works. I just know it does. Possibly Kling's error-spotting will make a difference; let's hope so.

See my reply to your nextpost.

  • #443
  • May 30, 2009 4:08pm May 30, 2009 4:08pm
Quoting misterpipster
Steve,

That 45.5% profit was for 2 weeks. .01 lots. I went from $88 to $128. I am going to double the lot size (to .02) when equity gets to $175 or so. I am going to guard the EA with my life. Thanks for all that you are doing, and Kling and the rest. Take care.

misterpipster
The only things that have stopped my live account performing with similar success are:

 

  1. Software disasters with StrengthInLoss and StrengthInProfit. Turn these damn settings to false, OK? They seemed like a good idea at the time, but they cause nothing but trouble.
  2. Every other EA I have tried, including the AshFx.

For next week, the KG Original....... is the only EA trading my live account.

FYI, I shall double my lot size to 0.02 when the balance reaches $200. It started at $141 and is now $163 but would have already doubled without the interference of the disasters listed above.

I have tried a variety of demo accounts trading the robot, including some aggressive settings I would have thought would inevitably have killed the account. Without exception, the balance has grown; a number have doubled within a short time. It has not killed any of the accounts.

Live, yep, I shall continue to trade conservatively; I am not a complete idiot. It is just good to see how robust it can be.

  • #444
  • May 30, 2009 4:16pm May 30, 2009 4:16pm
Quoting misterpipster
Hello Steve,

I just wanted to say that I have used the Original and Range Trade EA with a 45.5% profit. I am afraid to change anything because that is awesome. Thanks for that. On another note, I am befuddled why on a basket trade of the USD strong on May 28th, that 6 currency pairs are all buy trades...the USD/JPY, USD/UCF, USD/CAD, NZD/USD, GBP/USD, and AUD/USD. The first 3 are losing and the last 3 are winning as of closing yesterday. Could you please advise? Thanks.

misterpipster
Thats easy to explain. The indicators for strong/weak are not weighted correctly, the USDJPY having much more volativity would have had a lager affect on the basket. The indicator assumed the basket was strong, when it wasnt. The KG indicators just get the strength for all the USD pairings and then divides this number by the number of currencies in the group to give an overall average. Thats the problem with taking an average.

The indicators just use the RSI for each.
  • #445
  • May 30, 2009 4:59pm May 30, 2009 4:59pm
Quoting misterpipster
Steve,

That 45.5% profit was for 2 weeks. .01 lots. I went from $88 to $128. I am going to double the lot size (to .02) when equity gets to $175 or so. I am going to guard the EA with my life. Thanks for all that you are doing, and Kling and the rest. Take care.

misterpipster
Please post your set file.

Thanks
  • #446
  • May 31, 2009 3:17am May 31, 2009 3:17am
Quoting misterpipster
Hello Steve,

I just wanted to say that I have used the Original and Range Trade EA with a 45.5% profit. I am afraid to change anything because that is awesome. Thanks for that. On another note, I am befuddled why on a basket trade of the USD strong on May 28th, that 6 currency pairs are all buy trades...the USD/JPY, USD/UCF, USD/CAD, NZD/USD, GBP/USD, and AUD/USD. The first 3 are losing and the last 3 are winning as of closing yesterday. Could you please advise? Thanks.

misterpipster
Hi misterpipster,

If you check back your account history. Whenever you use Original/Range method with both KgGroupFilter & BasketReverseNotCancel were specified True, you would have ALL 'buy' basket, no matter what strength it was triggered at. Let me know if this was not the case. In my case, it always was.

As mentioned by Steve, there was a mis-coding in the program that cause this phenomena. It has been fixed and re-posted by Steve.

However please let me say this. Since the first day these KgGroupFilter & BasketReverseNotCancel have been introduced, they have not been properly demo-ed and tested until this new fixed version comes out. What we have experienced in the past was some weird ALL-BUY phenomena that somehow was profitable (after some DD and patience...).

So if you have been getting handsome profit from the previous un-fixed version, and happy with the results running in live account, then please do not use the new fixed version yet.

Run the new fixed version under the demo mode, and monitor it closely. I am doing it now. Once I am happy with the result only I will turn it lose on live account. So far, not to my satisfaction yet. Still need manual intervention sometimes.

But on the other hand, also included in the new fixed version is the correct coding on LockInDollars when JPY Strong is triggered (on both Range and Original methods). In the past, when the first JumpingStopDollars was reached under JPYStrong trigger, the Locked in profit was always $0 (instead of the LockInDollars that you specified). This has also being fixed.

So take your time to decide when to phase in the new fixed version.
  • #447
  • May 31, 2009 4:11am May 31, 2009 4:11am
Quoting maxdd
Hi Steve,
Just some feedback on the DC method which I'm still trialling. I think trading it on FXOpen is having better results as the indicator is quite a bit more accurate. From Feb to March my account doubled but since then has been flat. I was going to keep on trialling it anyway.

Just a quick question on the range method. Noticed on your set file that you didn't have the StrengthInLossClose turned on - how do manage/close losing baskets?

Cheers
I thought about this post, maxdd, and opened an FXOpen demo last week to trial the DC again. Early days, but having all the pairs available to KG's indi appears to make a huge difference to its accuracy.

I have some software that I picked up, posted somewhere by Ronald Raygun several months ago. This takes a trade sent on one mt4 platform and sends it to another by a dinky file-transfer routine.

This week, I am going to try opening FXOpen demos to run the three robot trading methods and use the software to send the trades opened to IBFX demos. If this is successful, I will post the software here and others can experiment.

Even without all the pairs available, KG's indi is wonderfully accurate. With them, it must be formidable. If the trade-transfer works, we can all have access to all the indi's power.

  • #448
  • May 31, 2009 7:06am May 31, 2009 7:06am
Hi Steve,

Thanks for the info - it sounds like a good option - i'd be much happier in using my live ibfx account.

Some results for May. DC was flat with a bad start to the month and a good finish. The Range method (using your set file) was great in making 30% since May 11. But I did have a max dd of 20% using the Range method with a bad JPY basket. But I just waited and the basket came back to me and I managed to close at a profit. Just part and parcel of the method i guess!

I'll try to trial the new V1 over June as well as the previous. The vps is starting to struggle a bit!

Cheers
  • #449
  • May 31, 2009 10:10am May 31, 2009 10:10am
I thought the Kang Gun EAs had fatal errors - I've kept this thread in my subscription list but deleted the EA. If other traders are successful, would you mind posting your set files and referencing the EA that you are using?

I have a $100 live account (free money from FXDD promotion) that I'd like to put it on to try out. Is this account size too small for 10 cent pips?
  • #450
  • May 31, 2009 10:26am May 31, 2009 10:26am
Quoting rob1599
Please post your set file.

Thanks
I am using Steve Hopwoods range set file. Go to May 10th post for range zip file.

misterpipster
  • #451
  • May 31, 2009 10:32am May 31, 2009 10:32am
Quoting Kling
Hi misterpipster,

If you check back your account history. Whenever you use Original/Range method with both KgGroupFilter & BasketReverseNotCancel were specified True, you would have ALL 'buy' basket, no matter what strength it was triggered at. Let me know if this was not the case. In my case, it always was.

As mentioned by Steve, there was a mis-coding in the program that cause this phenomena. It has been fixed and re-posted by Steve.

However please let me say this. Since the first day these KgGroupFilter...
Hi Kling,

KgGroupFilter & BasketReverseNotCancel are both set for True. I had the same results as you did. I will keep going with this version going as long as it produces every month. I am going to start demoing your fixed version on Monday. If it works better, then I will use that one too. Thanks.

misterpipster
  • #452
  • May 31, 2009 10:35am May 31, 2009 10:35am
Quoting SteveHopwood
The only things that have stopped my live account performing with similar success are:

 

  1. Software disasters with StrengthInLoss and StrengthInProfit. Turn these damn settings to false, OK? They seemed like a good idea at the time, but they cause nothing but trouble.
  2. Every other EA I have tried, including the AshFx.

For next week, the KG Original....... is the only EA trading my live account.

FYI, I shall double my lot size to 0.02 when the balance reaches $200. It started at $141 and is now $163 but would have already doubled...

Steve,

When you said that you are going to only trade the Original...... did you mean the Original version only or the Range version? Thanks.

misterpipster
  • #453
  • May 31, 2009 10:36am May 31, 2009 10:36am
Steve,

And if you mean the Original version, instead of the Range version...why? Thanks.

Misterpipster
  • #454
  • Edited 1:55pm May 31, 2009 1:43pm | Edited 1:55pm
Sorry guys. I was trying to save myself some typing by using ........ instead of the full robot name.

Mine is Range trading only. Fantastically well, too.

On the subject of draw down using this robot, it can be big. The worst I had was 50%, with several baskets open all heavily into dd.

This has implications for your lot size. I now work on the basis that 5 baskets all going into dd by 1000 pips each should cause no more than 50% dd.

  • #455
  • May 31, 2009 2:04pm May 31, 2009 2:04pm
Quoting misterpipster
Hi Kling,

KgGroupFilter & BasketReverseNotCancel are both set for True. I had the same results as you did. I will keep going with this version going as long as it produces every month. I am going to start demoing your fixed version on Monday. If it works better, then I will use that one too. Thanks.

misterpipster
I just remind you that Kling found two bugs; the BasketReverseNotCancelbug caused some buy trades to be sent as sells. 'Tis up to you, but he spotted a programming error, not a logic error that 'just worked out ok anyhow.'

Great that the robot has worked so well for you also. I love it.

  • #456
  • Jun 1, 2009 5:43am Jun 1, 2009 5:43am
Steve,

I just wanted to report what I'd seen this morning, I'm testing the EA with the Bugs fixed with the range set file you posted here earlier in the thread.

The ea opened a stong USD basket this morning, with both buys and sells present in the basket, so that part of the fixed code seems to be working fine. But the closing routine is different, instead of waiting until the whole basket has reached the profit close target and then closing the whole lot like the previous robot did, this fixed robot seems to be closing some of the basket at various different times? I now have one trade left open from the basket and waiting to see when and how is will close it.

Just want to know if the new closing routine is what is supposed to be happening?

Btw, thanks Steve for your efforts with the EA
  • #457
  • Jun 1, 2009 6:44am Jun 1, 2009 6:44am
Quoting xirtam
Steve,

I just wanted to report what I'd seen this morning, I'm testing the EA with the Bugs fixed with the range set file you posted here earlier in the thread.

The ea opened a stong USD basket this morning, with both buys and sells present in the basket, so that part of the fixed code seems to be working fine. But the closing routine is different, instead of waiting until the whole basket has reached the profit close target and then closing the whole lot like the previous robot did, this fixed robot seems to be closing some of the basket at various...
Some time ago, in a private forum, a coder pointed out to me that it was better to count a trade-closing loop downwards, in case the orders total changed because a different ea closed one of its trades.

I had been counting the loop upwards, and so changed the code but got it slightly wrong; the result was that one trade was left in place whenever a basket closed. I made the fix before anybody else noticed.

When Kling asked for the sort code, I inadvertently sent him an unfixed copy, so that got put up here. Downloaders of the code fixed by Kling need to re-download to overcome this.

As to your trades closing piecemean, there is nothing in the code to cause this. Make sure you do not have a different EA set to close profitable trades for some reason - this happened to me recently. Otherwise, the most likely cause is trades failing to close through platform/broker thingys.

When a basket hits tp, the robot sets a CloseAll flag that only gets reset when all the trades have closed. This overcomes an individual trade closure failure, but has to wait until the next tick for the robot to know it has to try again.

There are plans afoot to overcome this, so watch this space.

  • #458
  • Jun 1, 2009 11:33am Jun 1, 2009 11:33am
Steve, or anyone,

I am demoing the latest version of Original and Range Trading EA, and I have been getting all "XXX/XXX basket cancelled - insufficient individual trades." The latest being USD, and JPY both giving me the alert. My original EA that I have been using for the last two weeks opened basket trades in all of them, which there was several. Can anyone tell me what might be happening? Also, I am up an additional 5.5% since the opening yesterday in my EA before the last upgrades from Steve and Kling. Not bad, eh?

misterpipster
  • #459
  • Jun 1, 2009 12:20pm Jun 1, 2009 12:20pm
Quoting misterpipster
Steve, or anyone,

I am demoing the latest version of Original and Range Trading EA, and I have been getting all "XXX/XXX basket cancelled - insufficient individual trades."...
Did you check that your settings are still the same[quote=SteveHopwood;2770585]Did you check that your settings are still the same, especially if you like ReverseNotCancel?

Klings changes were to the trade sending function, not to the function that calculates the number of individual trades available to the basket, so they should not be affected. Maybe there were simply not enough available trades to produce a basket.


  • #460
  • Jun 1, 2009 2:55pm Jun 1, 2009 2:55pm
Yes Steve, I checked everything. All the settings are the same. I am baffled. I am using on both KG RS Group V1.1. I don't have to change the magic numbers in the second (new) instance of the ea do I? I you don't have any ideas then I will continue to poke around. Thanks.

Misterpipster
0 traders viewing now