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Relative Strength Basket Trading System

Relative Strength Basket Trading System

by Dr.Hamdi Boukamcha

To all energetic members and coders (and downloaders solely too),

First, i tried laborious to put in writing down this in english.. english is simply not my native language.So forgive me if i write a mistake or make you obscure. OK, I start this thread to develop “a basket shopping for and promoting system” base on the relative vitality of the foreign exchange. The idea was started from “Trading System using Relative Strength 1 & 2” threads.

After study & look at the documentations about CCFp and play for a month with CCFp indicators, i discover that the relative vitality is additional appropriate to level out us the value actions early. And i have confidence with this because of the vitality is measured and in distinction with the others foreign exchange…

Basket Trading System could possibly be quite common now, we’ll found proper right here there are a variety of thread that debate and develop about this shopping for and promoting sort. So, base on the relative vitality, i plan to develop and open dialogue about it. The idea is to open the commerce of all pairs that related to the foreign exchange which have the easiest and lowest index value at certain Time Physique.

After wanting on the elements that is utilized by CCFp indicators i decided to utilize my very personal elements to measure the vitality of each foreign exchange to supply me additional delicate and proper outcomes.So all of the signs that we’ll use for observations is base on this elements, not the distinctive one elements.

What is the goals?
1. We now have to develop an ENTRY and EXIT pointers.
2. We now have to make an EA.

I’ve write numerous indicators that may help our observations. Really, i’m not a coder nonetheless I try and make it to help our obeservations. Let me first make clear all of the signs that we’ll use:

CCFp_Experiment.ex4

That’s CCFp indicator that i’ve modified. I modify the vitality elements and use mine, nonetheless all strains looks like the distinctive. We can’t use this in our observations nonetheless I put up it to level out you methods this elements works. chances are you’ll check it and bactest. (+) Constructive area is STRONG area and (-) Detrimental is WEAK area. So, if the foreign exchange index preserve in damaging area it’s means
the foreign exchange is WEAK and if the foreign exchange preserve at constructive area it’s indicate the foreign exchange is STRONG. Crossing between two foreign exchange means the model new sample is original, and the course of the pairs is following crucial index.

KG TREND_MTF_MULTIPAIRS.ex4

These are the indicator that current us the course of pairs movement which is break up by 8 groups (USD, GBP, EUR, CAD, CHF, JPY, NZD and AUD). The indicator will current us all the sample from TF M1 to MN. Lime means Sturdy Up, Darkish Inexperienced means Weak Up, Crimson means Sturdy Up and Maroon means Weak Up. All sample is calculated using Relative Strength elements.

KG INDEX MTF.ex4

This indicator current us the index value of each foreign exchange from Time Physique M1 to MN. All index value is multiply by 10000. Inexperienced means the foreign exchange is in STRONG area and Crimson means the foreign exchange is in WEAK area. The price current us the index value.

Highest_Lowest_Index.ex4

This indicator inform us which foreign exchange have a highest and lowest index value in all TF.

Formula_2.ex4

That’s the elements file, all indicators above need this file for calculations. For the coders you have to use “iCustom” to utilize it with the output index 0=usd, 1=eur, 2=gbp, 3=chf, 4=jpy, 5=aud, 6=cad and 7=nzd.

CCFp Highest Lowest Comment.tpl

this the template that may we use for observations.

Merely copy all ex4 data to your_metatrader/educated/indicators itemizing and reproduction tpl file to your_metatrader/templates and restart you metatrader, open a chart and click on on the template.

Hope, you all might participate to start the assertion and develop the “Basket Trading System” base on this indicators.

KG

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DEAR ALL READERS
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All the indicator on the first net web page are the assertion devices solely. And we now have already made the indicator for seen examine and commerce on this net web page http://www.forexfactory.com/showpost.php?p=2392993&postcount=1277 that’s the main indicator that come from all of the remaining observations and testing. we nonetheless examine this indicators to go looking out the approach and the dearth of the indicator.

For the Multi_Purpose_Trade_Manager & JPY scripts chances are you’ll receive proper right here http://www.forexfactory.com/showpost.php?p=2355117&postcount=297

The model new scripts proper right here: http://www.forexfactory.com/showpost…postcount=1109

The EA is correct right here: http://www.forexfactory.com/showpost…postcount=1826

When you run the EA a typical error talked about “unkown subwindow amount -1 for object create carry out” maybe appears, merely IGNORE it..

Attached Info
Relative Strength Basket Trading System  ccfp highest lowest assertion.tpl   172 KB | 11,616 downloads
Relative Strength Basket Trading System  CCFp_Experiment.ex4   24 KB | 10,357 downloads
Relative Strength Basket Trading System  Formula_2.ex4   16 KB | 10,290 downloads
Relative Strength Basket Trading System  Highest_Lowest_Index.ex4   26 KB | 9,981 downloads
Relative Strength Basket Trading System  KG INDEX MTF.ex4   45 KB | 10,110 downloads
Relative Strength Basket Trading System  KG TREND_ MTF_MULTIPAIRS AUD.ex4   75 KB | 9,233 downloads
Relative Strength Basket Trading System  KG TREND_ MTF_MULTIPAIRS CAD.ex4   75 KB | 9,018 downloads

Listed under are the remaining data:

KG

Attached Image (click on on to enlarge)
Relative Strength Basket Trading System
Attached Info
Relative Strength Basket Trading System  KG TREND_ MTF_MULTIPAIRS CHF.ex4   76 KB | 8,271 downloads
Relative Strength Basket Trading System  KG TREND_ MTF_MULTIPAIRS EUR.ex4   76 KB | 9,965 downloads
Relative Strength Basket Trading System  KG TREND_ MTF_MULTIPAIRS JPY.ex4   75 KB | 9,819 downloads
Relative Strength Basket Trading System  KG TREND_ MTF_MULTIPAIRS GBP.ex4   76 KB | 9,650 downloads
Relative Strength Basket Trading System  KG TREND_ MTF_MULTIPAIRS NZD.ex4   76 KB | 7,707 downloads
Relative Strength Basket Trading System  KG TREND_ MTF_MULTIPAIRS USD.ex4   75 KB | 8,562 downloads

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