DislikedLast version of 2Day EA has a (CLOSEALL = true) option.
Make sure you choose the option on every chart EA is running
Ignored
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DislikedHow are you using the daily range in you calculation of lots
do you have a formula for daily range vers lots ?Ignored
DislikedTook a look at your blog. Quiet interesting! Will you release HPS EA ?Ignored
DislikedBoostrade, obviously this is working well for you. I have a question; why are you closing the hedge out? Do you close it and then take profits out of your account? Because it seems that if you close it, and then reopen it, you are right back in the same market with the same equity only you are minus the new trade spreads.
Can someone help me understand why we should close hedge trades only to open them right back up again?
Thank you.Ignored
DislikedThat's how it will work if there is no margin call for several days. That's why, one needs to keep large margin availableIgnored
DislikedI don't mean equity. I know that it starts very negative due to spreads. My point is that one day's swap adds up to -0.47 according to my FXDD demo.Ignored
Dislikedcgldsmth, Please post the original picture in a zip file so i can open it and see it more clearly.
Dont forget to show comments (itīs crucial to see what EA is doing).
See if the EA is running on every chart with same options (properties).
Anyway. 2Day EA v5, almost done. Only a couple more features to implement.
Iīll do some testing before releasing it, since there were some changes in the code and some bugs may show their theets
Thanks for your supportIgnored
DislikedJust now EA close capital profit of about 3K of trades opened on 1 June, see attached.
My strategy is to close all trades when a certain percentage of capital profit reached, usually from 3-5 percent. Immediately after the close, open trades again when FPI is not 1.
My pairs are gbp/chf, gbp/usd, usd/chf or eur/usd (depends on the recent volatility of the pairs)
The trades usually go into profit when the price of gbp/chf rises or gbp/usd drops. Last few days have experienced a few difficult periods where gbp/chf dropping while gbp/usd rising, however, the profit made by eur/usd saves the loss and finally turns the trades into a 6% profit.
As I pointed out in previous posts, if you are following hedging stratigies, it'd be better to take into account the average daily range of the pairs, reduce the no. of lots of those pairs with large ADR. Typical large ADR pairs are those that have very nice swap like gbp/jpy and gbp/chf.
So if you can manage the lots effectively, you should be safe from both rising and falling gbp movements.
My observation is: Apart from collecting daily swap, you'll be profiting from either a rise in gbp/jpy or gbp/chf when they are in a rising channel OR from drops in gbp/usd when gbp/jpy or gbp/chf is in the falling channel. The other one or two pairs should play a crucial supporting role to reduce the risks of unbalanced movements and make the hedging ring a truly ATM.
My two centsIgnored
DislikedHe Carlos,
PLease try your EA at 1 World Forex and try to have a demo acc with 400:1, we will see the difference you obtain compared with FXDD. I have not used them but eard they pay better interest.
http://www.1world-forex.com/
Looking forward to the resultsIgnored
DislikedTikin
Anyone can do it. Iīm quiet busy improving 2Day EA and testing it. If anyone is willing to forward test it on different accounts, please do.
Iīm doing this for the forum. So instead of saying, Carllos do testing for us, it would be a whole lot nice to say: "Here is my forward testing results"Ignored
Dislikedcgldsmth,
That is weird!! Please check image attached. I just canīt figure out why is your swap so low. Are you sure you are using FXDD ? If so, you should send them an email and ask what is going on.
Please check this link:
http://www.fxdd.com/rolloverrates.htmlIgnored
DislikedI think you've discovered the problem. I run lots of demos, most with FXDD, but that particular demo is direct from Metaquotes website. This presumably explains it.
Anyway I'll restart the demo with a 400:1 broker and see what happens.
I love the concept of this system and HUGE thanks for your coding efforts Carllos! Looking forward to the IBFX mini version so I can try it out live.Ignored
Disliked
Iīm really glad to see my work is beeing appreciated and that itīs usefull for some of you.
Tikin, iīm not very good with indicators. Iīve built a couple for myself, but thatīs it. I will certainly look at your linreg indicator and try to fix it. Be advised that my coding skills are limited. My college degrees include Health, Economics, Management, Chemistry, Psichiatry.. but not codding.
Using EAs on metatrader is quiet easy. If you add me to your msn, iīll explain it to you has u do it.
cgldsmth, please post your results when u start the new 400:1 demo account. donīt forget the comments part on picture. Itīs crucial to see what EA is doing.
Anyway, i shall warn you that it is preferable to do more testing with 2Day EA before going live on real account. Sometimes a bug takes time to show
New version is ready.. testing!Ignored