DislikedHi,
I don't really know. It is the original EA that can be found in this thread, and I think it follows the system.Ignored
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DislikedHi,
I don't really know. It is the original EA that can be found in this thread, and I think it follows the system.Ignored
DislikedYes, they are set to true, and it takes orders on a demo account, but the problem is that you cannot run the EA on a live account. I really would appreciate help to fix that.Ignored
DislikedOk, i modified it, to trade any account, download attached files, let me know if it works.Ignored
DislikedThanks! I will put it for a test and I'll let you know as soon as I got some results. Thanks again for fast work!Ignored
Dislikednot a problem,
Should the EA also open trades if the deviation reaches -50%, if the EA already opened orders at -25%, as it was originally stated in the 1st thread?Ignored
DislikedI don't know for sure. I think it follows the system, but I have never seen more than one set open at the same time. Since last night the EA has made one trade, but it's still open. I placed it at a EURCHF chart by mistake, so it took a trade on that currency, but I re-opened the EA on EURUSD and then it started the hedge correctly. I will let you know about results later on.
Cheers!Ignored
DislikedI think i'm going to develop a new EA, that will deal with more than one pair of hedged orders. That will also wait when reversing from -25% to 25% before entering from long positions to short positions. I need to read the original post very carefully along with some other posts. The EA that was developed does not deal with more than one set of hedged orders, and for some reason didn't close out the opened orders, when the divergence went from +25 to 0 or to -25.Ignored
DislikedHi Big1red9,
different is entering a trade every day (according to the rules).
apart from that it is very much \"hedge trading spieler system\".
the horizontal grid is visualizing 40 pip/ 0,25% distances, not entry points.
RegardsIgnored
Dislikedashes-
Your theory sounds interesting, can I please just clarify how you are currently testing it.
You are taking all signals every day, both long and short, according to spieler's rules. Then are you combining all these entries into ONE POSITION and closing all as soon as they are in profit or are you managing each days signals as totally SEPERATE POSITIONS?Ignored
Dislikedashes-
Your theory sounds interesting, can I please just clarify how you are currently testing it.
You are taking all signals every day, both long and short, according to spieler's rules. Then are you combining all these entries into ONE POSITION and closing all as soon as they are in profit or are you managing each days signals as totally SEPERATE POSITIONS?Ignored
DislikedHi Richard,
for about two weeks I'm live forward testing it with success. At close of 0:00 gmt candle I enter orders both long and short on eur/chf up to the 4th position. actually I'm using a 50 pip grid.
I increase the unit size starting with the 3rd position. so that even if I close the 1st or 2nd position with a loss I'll come out profitable by having closed the 3rd position ... and so on. you actually do pile up positions, but progressively, so that after a 50 pip pullback you can close the whole trade in profit. the more the price moves against you the higher are the chances to make more profit.
Research on historical data shows that the price hardly ever moves more than 350 pips (5th position) without a pullback of 50 pips at some time during the skyrocket.
If for example a short position has not been closed until gmt midnight I will manage the trade trough as set the day before. but I will place my long orders according to the close of the new 0:00 gmt candle.
RegardsIgnored
DislikedHi Richard,
for about two weeks I'm live forward testing it with success. At close of 0:00 gmt candle I enter orders both long and short on eur/chf up to the 4th position. actually I'm using a 50 pip grid.
I increase the unit size starting with the 3rd position. so that even if I close the 1st or 2nd position with a loss I'll come out profitable by having closed the 3rd position ... and so on. you actually do pile up positions, but progressively, so that after a 50 pip pullback you can close the whole trade in profit. the more the price moves against you the higher are the chances to make more profit.
Research on historical data shows that the price hardly ever moves more than 350 pips (5th position) without a pullback of 50 pips at some time during the skyrocket.
If for example a short position has not been closed until gmt midnight I will manage the trade trough as set the day before. but I will place my long orders according to the close of the new 0:00 gmt candle.
RegardsIgnored
DislikedHi ashes-
Thanks for the clarification. Have you decided on the maximum number of entries which you are be prepaired to make in any single position before you will decide to close it at a loss?Ignored
DislikedHi Richard,
I will take up to maximum 5 positions (350 pips) and have enough margin to wait for a pullback of at least 50 pips to get out with profit.
The entry point of the 5th position is a bit different from spielers. I don't delay the 5th entry point if there has been no pullback.
counting from 0 - point:
1st 50 pips
2nd 100 pips
3rd 150 pips
4th 250 pips
5th 350 pips
RegardsIgnored
Dislikedashes-
I wish you the best of luck and look forward to reading your updates as you progress.Ignored