SpielersHedge PipStar.mq4 51 KB | 1,244 downloads
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DislikedCheck this post http://www.forexfactory.com/showthre...15#post2178615
You need the mqh file in your include folder for it to work.Ignored
DislikedThe ratio is now around 1.6, if you look at EURCHF it is now standing at 1.6102 and you get the ratio from there.Ignored
DislikedI'm doing some math regarding the lot size to be used to be usd balanced and I found something to think about.
As example I use my early entry this morning :
long EURUSD @ 1.6007
long USDCHF @ 1.0047
for easy calculation let's suppose to enter 1 round lot (100000) on EURUSD and we want to know how much should be lot size for USDCHF. So we have :
1 lot EURUSD @ 1.6007 = Bought 100000 EUR, Sold 160070 USD (=100.000*1.6007)
so now to be usd balanced we should buy 160070 USD on the USDCHF trade, so we have to calculate variable X in this...Ignored
DislikedDon't touch it especially if you're still learning. As a strategy it is incomplete. Spieler left alot of loose ends untied. It uses a Martingale variant which has a possibility of blowing your account, unless you know how to limit the martingale trade management risks.
There are plenty of complete strategies on FF with good support. Even if most of them are not great, simply because of their completness and support, they are by far worth a better look.
Don't get me wrong, as a strategy it has its place, but I'd rather move on to the next thread.
DislikedDoes anyone gets an error "SpielersHedge EA_v2.8.1 EURUSD,H4: symbol name for MarketInfo function must be a string"?Ignored
QuoteDislikedTo me the strategy appeared quite valid, although the Martingale could have dire consequences.
DislikedLet me ask a dumb question. Just because EC moves 25% on the close of the day why does that cause EU and UC to become correlated for a few pips? To put it another way, for you to profit EU must no longer move in opposite lock step to UC after EC moves 25%. I tried correlated trading for quite awhile until i gave up. When the corr pairs become uncorr 80% sell the high pair and buy the low pair assuming they will come back to being corr. Makes since, and works about 50% of the time, but when you add to your losing trade like suggested here, eventually...Ignored
DislikedMay I know how long have you been using this strategy? So this system don't work anymore? thanks for your explanationIgnored
DislikedMay I know how long have you been using this strategy? So this system don't work anymore? thanks for your explanation
in addition i would add to my last post - the reason i asked the dumb question is why wait for a signal from EURCHF to trade EU and UC? to me that just doesnt make since. i can see no reason from my 2 years limited experience why if the Swiss natl bank starts to buy euro just to drive down the exchange rate to make the chf cheaper for their exports, why that would cause EU and UC to also start convering to a correlated...Ignored