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Trading system using relative strength

  • #1,601
  • Jun 7, 2011 9:09pm Jun 7, 2011 9:09pm
Hi guys,
I am new on this forum and have read all the threats regarding this wonderful method.

However, I have placed all my CCFP for H1/H4/D1 correctly, but cannot fix the W1. For some reason, it doesn't appear on my screen, then I wanted to ask if some of you had the same problem and could resolve it !

A pic of my screen for your info,
Thanks again for the great job,
Cocoth
Attached Image (click to enlarge)
Click to Enlarge Name: ccpf.png Size: 29 KB
  • #1,602
  • Jun 7, 2011 9:37pm Jun 7, 2011 9:37pm
Make sure it has a different Indicator_ID_Number from the others

Minutes need to be set to 10080

Make sure the X and Y offset_comments are set correctly
Always a Student, Never a Master - Emulate What Works
  • #1,603
  • Jun 7, 2011 9:56pm Jun 7, 2011 9:56pm
Weekly indi doesn't show up even after changeing the ID and x , y offset
  • #1,604
  • Jun 7, 2011 10:17pm Jun 7, 2011 10:17pm
OK. I feel so stupid but I am still struggling to understand how I should interpret the info by the indicator.

In the pic provided by forexhard, I read "pick pairs that occur in both lists", and I am not sure if I understand this part.
A successful trading depends on knowing what to analyze.
  • #1,605
  • Jun 8, 2011 1:53am Jun 8, 2011 1:53am
Brand new basket. 8 pairs. Let's see what happens...
Attached Image (click to enlarge)
Click to Enlarge Name: new basket.gif Size: 133 KB
To improve is to change. To perfect, is to change often.
  • #1,606
  • Jun 8, 2011 2:24am Jun 8, 2011 2:24am
Quoting forexhard
Brand new basket. 8 pairs. Let's see what happens...
Earlier we were talking about only selecting pairs that showed in both lists, but you haven't done that in your current basket.

Is it because you've analysed the charts for each pair and whatever the indicator is suggesting as buy/sell agrees with the pair's PA?
  • #1,607
  • Jun 8, 2011 2:24am Jun 8, 2011 2:24am
Let it run another 3 or 4 minutes after this pic was taken.

Closed out at around $275. Not bad for 30 minutes work.
Attached Image (click to enlarge)
Click to Enlarge Name: new basket.gif Size: 135 KB
To improve is to change. To perfect, is to change often.
  • #1,608
  • Jun 8, 2011 2:25am Jun 8, 2011 2:25am
Nice...

continuing from my last post...
Also why did you go long on NZDJPY when the indi says to short it?
  • #1,609
  • Jun 8, 2011 2:28am Jun 8, 2011 2:28am
Quoting the-game
Earlier we were talking about only selecting pairs that showed in both lists, but you haven't done that in your current basket.

Is it because you've analysed the charts for each pair and whatever the indicator is suggesting as buy/sell agrees with the pair's PA?
Again, like before, you guys aren't reading all that I have said. You are only reading parts of it. Or only remembering parts of what I say at any rate. Go back please and read that message over again. Look for the part about histograms.
To improve is to change. To perfect, is to change often.
  • #1,610
  • Jun 8, 2011 2:30am Jun 8, 2011 2:30am
Quoting forexhard
Again, like before, you guys aren't reading all that I have said. You are only reading parts of it. Or only remembering parts of what I say at any rate. Go back please and read that message over again. Look for the part about histograms.
Okay I will do that, sorry for annoying you man.
It's just that you say one thing and you do another.
I'll have a look through the thread again.
  • #1,611
  • Jun 8, 2011 2:44am Jun 8, 2011 2:44am
I also don't really understand the way the pairs have been picked-up. Actually, it seems you only consider the D1 and not the H4.

Or is it already the timing which makes this difference ?
Attached File(s)
File Type: pdf pairs pick.pdf   12 KB | 1,124 downloads
  • #1,612
  • Jun 8, 2011 2:46am Jun 8, 2011 2:46am
Thanks RobinHood for your advice. However, I have already paid attention to all of the settings to make sure no chart can overwrite to each other and have kept the same distance between H1 to H4 to D1 and the supposed W1

I was wondering if we have to wait for a full week to be displayed, but I doubt so.

If anyone had faced this problem and can help on solving this, would appreciate - thanks
  • #1,613
  • Jun 8, 2011 3:33am Jun 8, 2011 3:33am
Quoting the-game
Okay I will do that, sorry for annoying you man.
It's just that you say one thing and you do another.
I'll have a look through the thread again.
I feel the same lol.
Its so confusing, but I am trying to understand.

It would be so nice to explain the reason of the pairs and long/short selection in detail. I think some of us are not sure which histograms you see to pick pairs up.

Correct me if wrong, but when it comes to the MTF analysis, you usually rely on a higher TF. So from that perspective, I think I should wait until I get the same colors on both lower and higher TFs, then pick level 3 or more pairs because you want much stronger/weaker combinations? What I don't know is which info I should use. Do I look at the histograms of the current ones only or use standard ones?
A successful trading depends on knowing what to analyze.
  • #1,614
  • Jun 8, 2011 3:50am Jun 8, 2011 3:50am
Quoting Pipdealer
I feel the same lol.
Its so confusing, but I am trying to understand.

It would be so nice to explain the reason of the pairs and long/short selection in detail. I think some of us are not sure which histograms you see to pick pairs up.

Correct me if wrong, but when it comes to the MTF analysis, you usually rely on a higher TF. So from that perspective, I think I should wait until I get the same colors on both lower and higher TFs, then pick level 3 or more pairs because you want much stronger/weaker combinations? What I don't know is which info...
Same here , i'm confused over the picked pairs based on Forexerhard's template .. can someone elaborate on it ..
You gotta know when to hold 'em, know when to fold 'em ...
  • #1,615
  • Jun 8, 2011 4:06am Jun 8, 2011 4:06am
Not clear to as well, maybe because English is not my first language.....
Anyway I am trading my own way till things clear up.
Euro was strong, Aud weak, break out, got in a bit late, 90 pips floating.
  • #1,616
  • Jun 8, 2011 6:08am Jun 8, 2011 6:08am
cocoth,

It's really very simple. Putting the Weekly on works just like any other time farme, IN FACT, just change one of the time frames you have now on the screen to make the: Timeframe : 10080 and you will see.

You have to be making some simple mistake that you've overlooked.

Attached Image (click to enlarge)
Click to Enlarge Name: W1.jpg Size: 170 KB
Always a Student, Never a Master - Emulate What Works
  • #1,617
  • Jun 8, 2011 6:52am Jun 8, 2011 6:52am
Thanks RobinHood for trying to help me.

Actually, I totally agree with you, this is a very simple way to do it and so simple that I wonder why it doesn't work. Obviously, I am the only one who is facing this problem, then I will investigate more from the broker side - hopefully they can assist on this.

Like this, we can focus on the main purpose of this threat.

(for your info, a print screen showing my settings)
Attached Image (click to enlarge)
Click to Enlarge Name: W1 - Problem.png Size: 72 KB
  • #1,618
  • Jun 8, 2011 6:59am Jun 8, 2011 6:59am
But what number do you have in Timeframe? It should be: 10080
Always a Student, Never a Master - Emulate What Works
  • #1,619
  • Jun 8, 2011 7:04am Jun 8, 2011 7:04am
Thanks FH.
Closed the basket for 100 pip +
Attached Image (click to enlarge)
Click to Enlarge Name: ccfplive.gif Size: 172 KB
  • #1,620
  • Jun 8, 2011 7:05am Jun 8, 2011 7:05am
I've got 10080 as Timeframe. That's why it is getting a headache
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