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Kang Gun Relative Strength trading - the EA's

  • #541
  • Jun 8, 2009 6:03pm Jun 8, 2009 6:03pm
I have never sent a picture of a chart, let me know if you can see this.

Quoting SteveHopwood
Can you post a pic of the chart with the robot loaded?

Attached Image (click to enlarge)
Click to Enlarge Name: chart kg.gif Size: 28 KB
Gary
  • #542
  • Jun 8, 2009 6:13pm Jun 8, 2009 6:13pm
Quoting alpine4133
I have never sent a picture of a chart, let me know if you can see this.
Everything looks ok.

You have a couple of pending baskets. These will either work their way through and become baskets of trades, or they will get cancelled. Cancellation happens a lot - it is supposed to.

I suggest some patience. This robot does not trade like a robot with Tourets. Leave it a few days and see what happens. Days with no trades at all are common.

  • #543
  • Jun 8, 2009 6:20pm Jun 8, 2009 6:20pm
OK, thank you for looking at it. Is the prefix FXF correct? If you see anything else in the set file please let me know.

Quoting SteveHopwood
Everything looks ok.

You have a couple of pending baskets. These will either work their way through and become baskets of trades, or they will get cancelled. Cancellation happens a lot - it is supposed to.

I suggest some patience. This robot does not trade like a robot with Tourets. Leave it a few days and see what happens. Days with no trades at all are common.

Gary
  • #544
  • Jun 8, 2009 6:33pm Jun 8, 2009 6:33pm
Quoting alpine4133
OK, thank you for looking at it. Is the prefix FXF correct? If you see anything else in the set file please let me know.
It looks ok to me. I think you probably just need to be patient. Just to make sure about the chart symbol, drag the attached script onto a chart and report what it says.

One thing is the extremes of rs 100 and 0 displayed on your chart. Your broker does have enough pairs available to allow KG's indi to work, doesn't it?

Attached File(s)
File Type: mq4 Symbol detecting script.mq4   < 1 KB | 339 downloads
  • #545
  • Jun 8, 2009 6:36pm Jun 8, 2009 6:36pm
On the subject of patience, guys, sometimes this is necessary.

A basket can go bad and remain in dd for upwards of a week.

Whole days can go by without the Range robot taking out a basket. If there is no volativity in the market, then it will not reach the extremes that will trigger Range basket trading.

I am up +193 pips today, but all of those were taken before I got out of bed. There has not been even a sniff of a trade since.

  • #546
  • Jun 8, 2009 6:47pm Jun 8, 2009 6:47pm
And here I thought I was setup pretty close to you Steve. I have tons of trades open right now, however I did also make 196 pips today so far in closed trades, so who knows
  • #547
  • Jun 8, 2009 7:00pm Jun 8, 2009 7:00pm
Quoting tazmaan
And here I thought I was setup pretty close to you Steve. I have tons of trades open right now, however I did also make 196 pips today so far in closed trades, so who knows
Yep. The difference between your 196 and my 193 is purely down to trade closure timing, assuming your broker feed is similar to mine and your robot has been running for a similar length of time.

I also have tons of trades open - USD and GBP baskets both ridiculous numbers of pips into dd.

These happen. They resolve themselves.

At least, they have done so far. Here is hoping they continue to do so.

  • #548
  • Jun 8, 2009 7:13pm Jun 8, 2009 7:13pm
Oh sorry, I thought you said there 'hasn't been a sniff of a trade since' meaning you had no open trades since those 193 pips closed in profit.
And yeah, I don't suspect we will be identical, as I am on fxdd (think you are still on ibfx?)
  • #549
  • Jun 8, 2009 7:22pm Jun 8, 2009 7:22pm
this will not attach to my chart, did you send me the right file?

Quoting SteveHopwood
It looks ok to me. I think you probably just need to be patient. Just to make sure about the chart symbol, drag the attached script onto a chart and report what it says.

One thing is the extremes of rs 100 and 0 displayed on your chart. Your broker does have enough pairs available to allow KG's indi to work, doesn't it?

Gary
  • #550
  • Jun 8, 2009 7:50pm Jun 8, 2009 7:50pm
Quoting tazmaan
Oh sorry, I thought you said there 'hasn't been a sniff of a trade since' meaning you had no open trades since those 193 pips closed in profit.
Hehe. Nope. My delightful two baskets are hangers over from last week, and give every appearance of hanging on until the Second Coming.

Or they might have resolved themselves within 30 minutes of my going to bed, which I am about to do. Doubt it, mind, although it does happen.

Hey ho. We shall see.

  • #551
  • Jun 8, 2009 9:20pm Jun 8, 2009 9:20pm
the script shows AUDUSDFXF
so FXF should be correct?

Also, I thought I had all the apairs I needed. Do you have a list of what I need?
I do not know what you mean by extremes of rs 100 and 0..

I guess I do not have enough pairs. I count 22 pairs with Forex.com
So will this not work? Should I have False checked the the pairs I do not have?


Quoting SteveHopwood
It looks ok to me. I think you probably just need to be patient. Just to make sure about the chart symbol, drag the attached script onto a chart and report what it says.

One thing is the extremes of rs 100 and 0 displayed on your chart. Your broker does have enough pairs available to allow KG's indi to work, doesn't it?

Gary
  • #552
  • Jun 8, 2009 9:36pm Jun 8, 2009 9:36pm
Which Brokers have all the pairs
I have checked forex.com and FXDD. neither one seems to have them all.
What about Alpari? do they?
Gary
  • #553
  • Jun 9, 2009 1:03pm Jun 9, 2009 1:03pm
Steve/Misterpipster,

How much drawdown (in pips) have you guys experienced? I'm with FXDD and they have a minimum 10 cent pip so I need to know how much to fund a live account once I have a comfort level with the demo.

I think Steve wrote he plans for five 1000 pip drawn-down baskets - is that likely?



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...

  • #554
  • Edited 2:18pm Jun 9, 2009 2:06pm | Edited 2:18pm
Steve,


Look at the positions taken by the EA, once it opens the trades on weak JPY.

It is opening an alternate buy and sell which is mucking up the whole profit factor. Should it not be all buy for weak JPY ??

Just to touch base:

How many trades has your daily cross taken since this Sunday ? Mine has taken none. Just a confirmation required.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 73 KB
  • #555
  • Jun 9, 2009 2:07pm Jun 9, 2009 2:07pm
Quoting dr_zeus
Steve/Misterpipster,

How much drawdown (in pips) have you guys experienced? I'm with FXDD and they have a minimum 10 cent pip so I need to know how much to fund a live account once I have a comfort level with the demo.

I think Steve wrote he plans for five 1000 pip drawn-down baskets - is that likely?
I have experienced dd at 50% of account balance. Right now, I have three baskets open at a combined dd of -3,650 pips.

At 10 cents a pip, you need a minimum of $1000 in the account. I can trade such a tiny balance because IBFX nano-lots are 1 cent per pip.

  • #556
  • Jun 9, 2009 2:44pm Jun 9, 2009 2:44pm
I am using a separate controller to track max open loss while using this in the same style as Steve. I am more than happy to post that number along with results each week if it helps.
I am also trading on fxdd with .10 pips. As of right now, the max open loss has been -$163.53 and is still hovering around that at the moment.
  • #557
  • Jun 9, 2009 2:58pm Jun 9, 2009 2:58pm
Quoting tazmaan
I am also trading on fxdd with .10 pips. As of right now, the max open loss has been -$163.53 and is still hovering around that at the moment.
Which profit target you using for basket closure 10$,100$ ?
  • #558
  • Jun 9, 2009 5:15pm Jun 9, 2009 5:15pm
Steve,
I just started running this on demo. After it opened the first basket, I was wondering if there is a setting that will rank the pairs in a pending basket and open only the strongest pairs in the basket based on the ranking ie the user will be able to specify if they want the strongest 2, 3 or say 4 pairs in the basket opened and the rest will be cancelled. This will enable the opened basket go into profit faster as it has only the strongest pairs in it. Thanks. Its Ok to ignore this if you have answered this question elsewhere. Thanks.
  • #559
  • Jun 9, 2009 5:22pm Jun 9, 2009 5:22pm
Steve, I'm still waiting, still no trades today.

Quoting SteveHopwood
I have experienced dd at 50% of account balance. Right now, I have three baskets open at a combined dd of -3,650 pips.

At 10 cents a pip, you need a minimum of $1000 in the account. I can trade such a tiny balance because IBFX nano-lots are 1 cent per pip.

Gary
  • #560
  • Jun 9, 2009 5:22pm Jun 9, 2009 5:22pm
Quoting Canni
Which profit target you using for basket closure 10$,100$ ?
$10
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