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Trading system using relative strength

  • #2,121
  • Jul 4, 2011 8:53pm Jul 4, 2011 8:53pm
Hello,

ES & FH,

Yesterday was my bad trade day i am -390 pips, almost all going in reverse. I need to check about the MM.
Any suggestion to protect from the reverse??? please guide .

thanks

Umesh Patel
  • #2,122
  • Jul 5, 2011 9:30pm Jul 5, 2011 9:30pm
To,
ES & FH

Again yesterday was a bad trade day , i am -190 pips with some MM.
and almost all trade going reverse.

please guide me for survive in this condition.

thanks

Umesh Patel
  • #2,123
  • Jul 6, 2011 9:10am Jul 6, 2011 9:10am
Can some one help me in changing CCFp to CC indicator on Following indicator. CC gives better and Earlier signals:

ccfp-diff[v2.0MTF].ex4.

thanks
  • #2,124
  • Jul 6, 2011 9:42pm Jul 6, 2011 9:42pm
Hello ES i upload the ccFpb version where is the numbers is subsitutes by + - or = sign, indicator to my mt4 but no lines is shown only all = sign is shown i have upload it for some time isitthere is something wrong with my MT4 or even broker.Hope you are able to help me slove this problem thanks alot.
  • #2,125
  • Edited 11:31pm Jul 6, 2011 11:03pm | Edited 11:31pm
Quoting ES Trader
Can some one help me in changing CCFp to CC indicator on Following indicator. CC gives better and Earlier signals:

ccfp-diff[v2.0MTF].ex4.

thanks
Here you go Let us know how it goes with this indicator.

Happy Trading!

EDIT: In the image below, the first row is the CC-Diff[v2.0-MTF] and the second row is CCFp-Diff[v2.0-MTF]

The indicator in the separate window is the original CC indicator set on the H4 time frame.

They all have H1 & H4 and Trade Level set to 2

From left to right on both rows the settings for Use.Current & Use.Bar.instead.of.MA are:

Inserted Code
Use.Current               false  |  true   |  false  |  true
Use.Bar.instead.of.MA     false  |  false  |  true   |  true
Attached Image (click to enlarge)
Click to Enlarge Name: cc-diff-mtf.gif Size: 42 KB
Attached File(s)
File Type: ex4 CC-Diff_[v2.0-MTF].ex4   115 KB | 2,419 downloads
  • #2,126
  • Jul 6, 2011 11:36pm Jul 6, 2011 11:36pm
Quoting the-game
Here you go Let us know how it goes with this indicator.

Happy Trading!

EDIT: In the image below, the first row is the CC-Diff[v2.0-MTF] and the second row is CCFp-Diff[v2.0-MTF]

The indicator in the separate window is the original CC indicator set on the H4 time frame.

They all have H1 & H4 and Trade Level set to 2

From left to right on both rows the settings for Use.Current & Use.Bar.instead.of.MA are:

[code]
Use.Current false | true | false | true
Use.Bar.instead.of.MA false | false | true...
Fantastic. Thank you Very Very Much
  • #2,127
  • Jul 7, 2011 7:49am Jul 7, 2011 7:49am
Looks like I have to do a bit more work on it, the Trade Levels aren't being calculated correctly. The suggestions are okay, but because the levels sometimes aren't contained within the usual 1-10 value, it will show all suggestions no matter what Trade Level you set.
  • #2,128
  • Jul 7, 2011 9:39am Jul 7, 2011 9:39am
Quoting the-game
Looks like I have to do a bit more work on it, the Trade Levels aren't being calculated correctly. The suggestions are okay, but because the levels sometimes aren't contained within the usual 1-10 value, it will show all suggestions no matter what Trade Level you set.
Yes. You are right. May need some fine tuning.
  • #2,129
  • Jul 8, 2011 5:12pm Jul 8, 2011 5:12pm
Quoting the-game
Looks like I have to do a bit more work on it, the Trade Levels aren't being calculated correctly. The suggestions are okay, but because the levels sometimes aren't contained within the usual 1-10 value, it will show all suggestions no matter what Trade Level you set.
Is it possible to just have the Histogram displayed. One can make his own basket by looking at the histogram.
thanks
  • #2,130
  • Jul 8, 2011 7:38pm Jul 8, 2011 7:38pm
Anything is possible... I'm currently having trouble adapting CC's values into the same 1-10 scale.

Be patient... I've got a life to attend to Happy weekend!
  • #2,131
  • Jul 9, 2011 7:41am Jul 9, 2011 7:41am
Quoting the-game
Anything is possible... I'm currently having trouble adapting CC's values into the same 1-10 scale.

Be patient... I've got a life to attend to Happy weekend!
No Problem. Thanks for your help.
  • #2,132
  • Jul 12, 2011 2:02am Jul 12, 2011 2:02am
pretty quite here nowdays..everybody must be making lots of money..
  • #2,133
  • Jul 12, 2011 2:34am Jul 12, 2011 2:34am
Quoting ES Trader
No Problem. Thanks for your help.
Sorry ES, but it's going to take a while, so don't wait for me, just move onto other things.
  • #2,134
  • Jul 12, 2011 3:41am Jul 12, 2011 3:41am
I put the indicator on the chart, it works fine, but it doesn't move with new candles, any idea why this happen ? could it be because I use it on 15 minutes charts ?

Thank you!
  • #2,135
  • Jul 12, 2011 4:52am Jul 12, 2011 4:52am
Must be beginner's luck, but after skimming the thread, downloading indis and having a demo on London open I took around 200 pips in about an hour.
Took profit way too early, but happy... Hope it continues.
sentiment repainting...
  • #2,136
  • Jul 12, 2011 5:11am Jul 12, 2011 5:11am
What is the last version of the indicator ?
  • #2,137
  • Jul 12, 2011 9:03pm Jul 12, 2011 9:03pm
Hello ES & FH,

Last week first four days i lost almost -500 pips and last friday i recovered +109 pips. so last week result is -392 pips.

and this week first two days gain is +110 and +109 pips .

means your strategy is working but need to carefull with the proper money management when it goes in another direction.

thanks ES & FH.

Umesh Patel
  • #2,138
  • Jul 13, 2011 1:24am Jul 13, 2011 1:24am
Quoting umpats
Hello ES & FH,

Last week first four days i lost almost -500 pips and last friday i recovered +109 pips. so last week result is -392 pips.

and this week first two days gain is +110 and +109 pips .

means your strategy is working but need to carefull with the proper money management when it goes in another direction.

thanks ES & FH.

Umesh Patel
Umesh, i think this strategy works best in trending condition. On EU alone, I made >200 pips in these 2 days. But once it got into CZ, if not carefull, u get wiped pretty easy. My strategy now is to use MOM trade (refer to Kevinator's thread) and TDI (refer Trading Made Simple thread) as filters for the indi suggested pairs. I sometimes also use CZ breakout method to select additional pairs for the basket. Minimum always 5 pairs in a basket. I would set the BE at +25 pips (scalping???) and looking to enter a trade like 15minutes after every market opens.

just my 0.02 pips..
  • #2,139
  • Jul 13, 2011 3:14am Jul 13, 2011 3:14am
this is waht i use nowdays.
1. look for suggestion pairs in CCf indi
2. use attached template for filter -4 hrs MOM trade..etc.

just made +80 pips before my EA stops trading when equity hit US$1600. Not bad for a week trading,, made US600 out of US1000 deposit.
Attached Image (click to enlarge)
Click to Enlarge Name: trade ww29.3.JPG Size: 175 KB
  • #2,140
  • Jul 13, 2011 4:29am Jul 13, 2011 4:29am
Quoting leekaq
this is waht i use nowdays.
1. look for suggestion pairs in CCf indi
2. use attached template for filter -4 hrs MOM trade..etc.

just made +80 pips before my EA stops trading when equity hit US$1600. Not bad for a week trading,, made US600 out of US1000 deposit.

Thank you Leekaq,

Previously i also use TDI and succeed also for some pips.
but i am a working professional so very less time to monitor so i am using this method with some cci filter from this week and i let u know the result end of this week.

i am still confuse about this system with the TP and SL, can u guide me .

Umesh Patel
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