Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Volume for indices, tick and the exchange derived volume 4 replies

Are quotes for minor pairs real or just derived from majors? 0 replies

Oanda spread versus MB Trading spread 27 replies

HOW TO PLOT derived cross 0 replies

Derived Currency Strength Indicator from multiple pairs 0 replies

Attachments: Hedge trading spieler system derived from futures spread trading
Exit Attachments

Hedge trading spieler system derived from futures spread trading

try this
Attached File(s)
File Type: mq4 SpielersHedge PipStar.mq4   51 KB | 1,244 downloads
Quoting waltini1
try this
Thanks. But unfortunately, it does not work since it is greyed out when shown in the Experts Advisor folder of Metatrader 4. Therefore it cant be opened or attached to a chart. Any chance you can fix this?

P.S: Just name it SpielersHedge EA_v2.8.1 since I did not create it. Cheers.
Check this post http://www.forexfactory.com/showthre...15#post2178615

You need the mqh file in your include folder for it to work.
Quoting waltini1
Check this post http://www.forexfactory.com/showthre...15#post2178615

You need the mqh file in your include folder for it to work.

You are right. Thanks for your help.
Quoting howard
The 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.
Ratio is not EURCHF but EURUSD. today EURUSD 1.31

you buy EURUSD and buy USDCHF or sell EURUSD and USDCHF


then you buy eur 1 lot you sell usd 1.31 and you buy 1.31 usd and you sell the equivalent in chf
Quoting skyline
I'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...
The true problem are not the 70$ of difference; the true problem is in this forum they use EURCHF instead of EURUSD for calculate the ratio

You have calculated correctly using EURUSD as ratio.
If EURUSD is today 1.31 then I buy 1.31 USDCHF
Quoting Waka
Don'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.

JC...
Thanks, to Spieler, Swingman Waltini1 and all contributors to this and the earlier thread.
As someone who has definitely moved through several threads for almost a year, this strategy did appear promising.
In fact, I was pleasantly surprised with the EA.
Disappointed to see the thread inactive.
I reduced divergence setting and TP and SL to force some trades and it placed and closed trades right away.

To me the strategy appeared quite valid, although the Martingale could have dire consequences.
And, it is certainly not for the inexperienced.
Just wondering what are the loose ends that are untied?
Thanks,
EP
Attached Image (click to enlarge)
Click to Enlarge Name: speil.gif Size: 26 KB
After long read............ 193 pages.
Finally Im here and today I open short position
I have some questions ( thanks in advance for people who take time in answer)
1- Where is spieler ?
I remember said he use hedge for long time, will be great some news from him, or comments about if he still in trading with this or no.
2- today 1.40 is fine ? - You are using another different ?
3- 25 and 50 still valid for first and second entries ?
4- Any one can use volatility in order to adjust the ratio ?
5- some pages ago some post using CAD for eurchf, some experience ? another like euro ?
6- you re-enter every day when new value of -25 is reach without close the position open the day before ?

Thanks in advance
Does anyone gets an error "SpielersHedge EA_v2.8.1 EURUSD,H4: symbol name for MarketInfo function must be a string"?
Quoting ncc74656
Does anyone gets an error "SpielersHedge EA_v2.8.1 EURUSD,H4: symbol name for MarketInfo function must be a string"?
Sorry I dont use that.
Because dont work fine, read some comments is the .doc file
in a trade, waiting for reverse.
Attached Image (click to enlarge)
Click to Enlarge Name: a1.jpg Size: 141 KB
Quote
To me the strategy appeared quite valid, although the Martingale could have dire consequences.

This is not Martingale.
The only real bad situation is when both pairs move in the same direction.
(and you are in the opposite side)
does anyone can post here some statements or any link to see performance about using this sistem?
why the thread not update anymore?
Let 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 you blow you account. Couldn't make consistent profits. One day good, next day give it all back. So i have some experience with this method. So if you of you bright sparks will answer this dumb question. thnx JJ
Quoting JumpJack
Let 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...
May I know how long have you been using this strategy? So this system don't work anymore? thanks for your explanation
Quoting ronald_fsm
May I know how long have you been using this strategy? So this system don't work anymore? thanks for your explanation
i havnt traded this system. but demo traded similar correlated pair system. there you wait for corr pairs to diverge 80% from norm, take positions on both, wait until pairs converg back to some level say 20%. this can be on 5min or 15 min chart of what ever. it does not matter what the parent pair is doing, only the pairs you are trading. here using that concept (spieler) you would only look for a diverg from the normal 100% non-correlated to say 20% corr and take opposiste positions in each pair and wait until they came back to near 100% or 80% or what ever. you would not care what EURCHF is doing as that is not what you are trading. originally corr and non corr trading made a lot of since because there is a reason to trade - pull trigger. and in the corr trading i originally had a good win/loss ratio, but the minute you add to a losing position you are asking for trouble and i blew several demo accounts and gave up. an old saying that is proving true is in forex if it can hurt you it will eventually trade to that point and hurt. however i am thinking on this and the corr trading if you just take your losses at some point and wait for the next alert, maybe add 25% to the next position size, you might average out and win in the long run. dont know. i tried every combo of TP and SL i could think of, but never the add 25%. might give it a go when i have time. why dont you study Hedge and Correlation Strategy on FF and see. if we could find an indy for anti or non corr pair alerts at the 20% level like in the Hedge and Correlation Strategy it would be a big help but try as i may i can not find. hope this long winder answer is a help. JJ
May I know how long have you been using this strategy? So this system don't work anymore? thanks for your explanation

Ronald,
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 position. if EU and UC are normally non-corr then they would stay that way through the bank buying period more or less. that is unless as happens in all currencies, someone - corp or bank needs to buy large EU or UC so they can buy or sell investory for their business. and you will note reading this thread Spieler keeps adding new rules, keeps explaining why people are following the rules - adding to their losing positions until they blow their accounts - and of course few are reading this now and of course Spieler has deserted the thread. that tells me or hints that as it is designed it doesnt work. i mean you have to admire people that like Spieler that take their valuable time out to start and run a 100 plus page thread, and i have learned a lot from those types on FF, but that doesnt mean their system works. i have tried just about every indicator and system out there. most dont work or work to a limited degree and take a lot of screen time and experience to trade them. i think this is the bottom line in trading. systems and robots that always claim you dont need any experience are just bull shit. and you will note that everyone who starts a system thread in their first post says it is the best way to trade and they are having good results, and it is the easiest way to make money - yata yata. that doesnt make it so. JJ
Eur/usd +0.96%
usd/chf -0.94%
eur/chf -0.01%
Quoting JumpJack
May I know how long have you been using this strategy? So this system don't work anymore? thanks for your explanation

Ronald,
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...
Yes I agree with you. I saw a lot of thread not update anymore and lost in the jungle . I just ask why the thread is dead? If the strategy still working off course people still update their position about that system. ..
0 traders viewing now