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Three Pairs Hedging

  • #961
  • Jun 25, 2017 5:48pm Jun 25, 2017 5:48pm
Exactly. It couldn't be any simpler and a couple of my posts explained it clearly.
Open to new approaches.
  • #962
  • Jun 25, 2017 5:57pm Jun 25, 2017 5:57pm
Quoting lechuzon
39 USD today 4% of account {image}
do you know that you are great.

the hedging you did is the best as I can see here in all FF

YOU HAVE SHOWN ME A SIMPLE RULE THAT I WAS NOT ABLE TO SEE IT IN THESE FEW YEARS OF HEDGING
THANK YOU
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #963
  • Jun 25, 2017 6:08pm Jun 25, 2017 6:08pm
Quoting metacoder
below is a list of the triangles of which each currency pair is a member. Every currency pair is a member of 3 different hedge triangles. There are 5 individual currencies, 10 currency pairs and 10 unique hedge triangles. Each triangle appears below 3 times with the pairs ordered differently. Eurusd - eurusd|eurgbp|gbpusd, eurusd|eurjpy|usdjpy, eurusd|eurchf|usdchf usdjpy - usdjpy|usdchf|chfjpy, usdjpy|gbpusd|gbpjpy, usdjpy|eurusd|eurjpy eurjpy - eurjpy|eurgbp|gbpjpy, eurjpy|eurchf|chfjpy, eurjpy|eurusd|usdjpy gbpjpy - gbpjpy|gbpusd|usdjpy, gbpjpy|eurgbp|eurjpy,...
in the mt4 free experts, there was a trader who made a code similar to what you did here, and i am trying to quote what he wrote from my memory as i liked his work too much and it took from me few days to understand his code, but at the end i left it as i was very afraid to use it : He mentioned in the explination of the code -ea, that this is avery dangoures strategy and system and he urged the readers "if you do not know what i am doing here, then do not enter and do not use my ea as you will lose all of your money " - it was somthing like that .

So what you are doing here "again" and i will say it in full mouth : great

but it is not for normal standard traders .

be aware my friend that most of the traders here are not experts like you and they are just training on the systems and most of them after few trials will blow up thier accounts.

please add to on top of that, the brokers who do not like hedging and they will try to force the clients to stop hedging.
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #964
  • Jun 25, 2017 6:11pm Jun 25, 2017 6:11pm
Quoting metacoder
exactly. It couldn't be any simpler and a couple of my posts explained it clearly.
i use hedging in five pairs with compounding
it is a very complicated method
add on top of that the daily range
omg, if the trader is not a mth expert, he will lsoe his mind doing the hedging in 2 pairs so what about 5 pairs at the same time plus each pair there is internal hedging between sell and buy orders...!!

Thank you
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #965
  • Edited 7:34am Jun 26, 2017 7:23am | Edited 7:34am
Quoting Samer1970
{quote} i use hedging in five pairs with compounding it is a very complicated method add on top of that the daily range omg, if the trader is not a mth expert, he will lsoe his mind doing the hedging in 2 pairs so what about 5 pairs at the same time plus each pair there is internal hedging between sell and buy orders...!! Thank you
I have a system of 5 pairs hedging as well. ..very profitable as well.. so similar as the triangular.. but USIng 5 currencies..
I developed a system that generates a lot monthly, enought to be weahly in this bussiness..AND the most important.. never burning your ACCOUNT

something like this..

BUY GBPUSD BUY NZDCAD BUY AUDNZD SELL GBPCAD SELL AUDUSD <---GBP USD NZD CAD AUD
  • #966
  • Jun 26, 2017 7:37am Jun 26, 2017 7:37am
by the way.. this is the best 3 hedge setup of the day
Attached Image (click to enlarge)
Click to Enlarge Name: todayshedge.png Size: 6 KB
  • #967
  • Jun 26, 2017 8:24am Jun 26, 2017 8:24am
Quoting lechuzon
{quote} I have a system of 5 pairs hedging as well. ..very profitable as well.. so similar as the triangular.. but USIng 5 currencies.. I developed a system that generates a lot monthly, enought to be weahly in this bussiness..AND the most important.. never burning your ACCOUNT something like this.. BUY GBPUSD BUY NZDCAD BUY AUDNZD SELL GBPCAD SELL AUDUSD <---GBP USD NZD CAD AUD
please share ur all setup pair..
  • #968
  • Edited 1:01pm Jun 26, 2017 12:26pm | Edited 1:01pm
Quoting Samer1970
{quote} in the mt4 free experts, there was a trader who made a code similar to what you did here, and i am trying to quote what he wrote from my memory as i liked his work too much and it took from me few days to understand his code, but at the end i left it as i was very afraid to use it : He mentioned in the explination of the code -ea, that this is avery dangoures strategy and system and he urged the readers "if you do not know what i am doing here, then do not enter and do not use my ea as you will lose all of your money " - it was somthing...
Hi Samer, I'm no expert but I have tried many forex trading strategies in the last 15 years. I've learnt a few things about what does not work. And I'm reasonably handy as far as writing EAs. Haven't gotten into writing indicators, I've left that to others.

The approach I've outlined here is a new idea to me though I'm sure many others have thought of it and have tried it. I haven't been able to even trade it on demo accounts. The only way I would ever attempt to trade it is in an automated fashion; in other words, with Expert Advisor software.

This approach is definitely not arbitrage but it seeks to mimic it in a way. Arbitrage depends on disagreements in pricing at the same point in time, while my proposed approach seeks the disagreements as time passes.

Not everyone appreciates or understands that in the 10 pairs I list, there are 4 unique and independent ways for every individual trade to get profitably hedged, but I've tried to illustrate it. Do with it what you will, or not.
Open to new approaches.
  • #969
  • Jun 26, 2017 12:52pm Jun 26, 2017 12:52pm
I hadn't heard before that brokers don't like hedging. I do get the impression that many of them just don't want us being profitable, period. One thing I know they really hate is arbitrage, especially one-leg latency arbitrage.

The approach I've been discussing is within the rules, even for USA traders. Any same-pair hedging would be done across two accounts, either with the same broker or with two different brokers. If using EAs, this means you have to know how to coordinate the trades between two accounts. Especially important would be keeping the snapshot anchors the same across the two accounts, and using the same lot sizes, which in turn means account type and leverage should be the same.

Trades would tend to be opened at different times, though sometimes within seconds or a few minutes of each other. They could be held open long enough to not give the broker heartburn due to very short duration trading.

If the brokers hate hedging, then they must hate pretty much all traders. How many traders today have EURUSD|USDCHF|EURCHF open on the same account? A great many, I'm sure.
Open to new approaches.
  • #970
  • Jun 26, 2017 1:06pm Jun 26, 2017 1:06pm
Quoting MetaCoder
I hadn't heard before that brokers don't like hedging. I do get the impression that many of them just don't want us being profitable, period. One thing I know they really hate is arbitrage, especially one-leg latency arbitrage. The approach I've been discussing is within the rules, even for USA traders. Any same-pair hedging would be done across two accounts, either with the same broker or with two different brokers. If using EAs, this means you have to know how to coordinate the trades between two accounts. Especially important would be keeping...
this is maybe a very wrong point from you, not many have so many EURUSD|USDCHF|EURCHF open all the time. and when people have it open, its because of strategies not work together.

you are still trying to do arbitrage trading, whats funny because you are many many years to late. but try it, looks you are at the beginning, you will learn in some lost months what reality is against calculations. you need to split broker cheating trades from real trades. you concentrate more in cheating then trading by using slow datafeed from some broker to open/close trades by know prices already from other brokers feed.

you can really try it, but when broker will stop your wins, dont talk anything against broker, it was problem is this case. hedging over many brokers is nothing more then differnet arbitrage trading trying. you really think you have found sometzhing brokers and many people dont know since many years, its just market basics.

maybe its more easy from you, you find some traders who can help you with this, so you dont invest to much time in things many brokers dont allow (and this is ok that they dont allow, or many brokers could not survive).

maybe its best you start testing it in bigger real accounts, so you see it more easy what all people will tell you. in demo accounts or mini small real accounts nobody cares about you by the broker, so you will no learn if it will be possible and you will lose time.
  • #971
  • Jun 26, 2017 1:12pm Jun 26, 2017 1:12pm
dukas_trader, you obviously aren't paying attention and exhibit zero understanding of what I've been discussing. There is no arbitrage involved, no utilization of slow vs fast brokers, no comparing one broker's data against another's, nothing like that. When you can form coherent thoughts and write them down, maybe I'll have further discussion with you.
Open to new approaches.
  • #972
  • Edited 1:37pm Jun 26, 2017 1:22pm | Edited 1:37pm
Quoting MetaCoder
dukas_trader, you obviously aren't paying attention and exhibit zero understanding of what I've been discussing. There is no arbitrage involved, no utilization of slow vs fast brokers, no comparing one broker's data against another's, nothing like that. When you can form coherent thoughts and write them down, maybe I'll have further discussion with you.
ah ok, you speak about the most simple hedge to program. its 30 min programming neccessary, then test it in bigger real account , then you see what will happen with trading hedge basket in same account.

i thought you speak about something little big complicated, so its very very easy and done extrem often. even experts allready there online from this. results its better you see by your own.
i did read in your text 2 accounts with 2 brokers or same, so i thought its 2 level hedge arbitrage, but you try only 1 level hedge arbitrage, so its even more know the result.

i tried only to save you much time, but maybe you need to see by your own. and maybe you dont know by your own in the moment what you want or speak about (sounds to crazy sometimes - sometimes is hedging with 2 accounts , sometimes arbitrage, then is not,.... its better to let wait until you have at least basic knowledge in trading part or progamming, but its good project to learn both)
  • #973
  • Jun 26, 2017 3:00pm Jun 26, 2017 3:00pm
Quoting MetaCoder
dukas_trader, you obviously aren't paying attention and exhibit zero understanding of what I've been discussing. There is no arbitrage involved, no utilization of slow vs fast brokers, no comparing one broker's data against another's, nothing like that. When you can form coherent thoughts and write them down, maybe I'll have further discussion with you.
Hi Meta,

You have a very good understanding of relationships between pairs.. I loved the clarity in you explanations and schematics.
I am not a coder, just a modder when I can understand the logic of the indicator and task at hand.
I put together a very amateurish indicator for 5 pair hedging that lechuzon mentioned.
It calculates the dollar total of the 5 pair hedge for the current day (since day open).

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM5.png Size: 39 KB



Here are the indicators. Both needed in order for the Circular5 to work.

Attached File(s)
File Type: mq4 Circular5-DayOpen.mq4   5 KB | 593 downloads


Attached File(s)
File Type: mq4 DayOpenDayLevel.mq4   2 KB | 597 downloads


Good Luck all.....
  • #974
  • Jun 26, 2017 3:03pm Jun 26, 2017 3:03pm
There probably are many ways to use the indicator. One possible way to enter the trade when the indicator value <=-50 (enter short), exit at 0, with a loss. or exit at -150 for $100 profit. (for 1 lot each pair).
Opposite for the longs...

Indicator calculates BUY GBPUSD BUY NZDCAD BUY AUDNZD SELL GBPCAD SELL AUDUSD.
If the indicator value is >0 this basket is making money the way it is traded.
If the indicator value is <0 than the basket is making money in the opposite trade direction of each pair.

Good Luck...
  • #975
  • Jun 26, 2017 3:20pm Jun 26, 2017 3:20pm
Very interesting, GoldTheHun.
Open to new approaches.
  • #976
  • Jun 26, 2017 3:22pm Jun 26, 2017 3:22pm
Quoting MetaCoder
Very interesting, GoldTheHun.
Inspiration was yours and lechizon's...
(I am sure you can code it in a more efficient manner)..

Good Luck...
  • #977
  • Jun 26, 2017 3:23pm Jun 26, 2017 3:23pm
Quoting MetaCoder
Any same-pair hedging would be done across two accounts, either with the same broker or with two different brokers. If using EAs, this means you have to know how to coordinate the trades between two accounts.
I should be clear about this. We wouldn't use two accounts to compare datafeeds. We would use two accounts only to be able to trade all pairs in both directions. For non-USA traders who can trade one pair in both directions on one account, one account could be used.
Open to new approaches.
  • #978
  • Jun 26, 2017 3:27pm Jun 26, 2017 3:27pm
Quoting MetaCoder
{quote} I should be clear about this. We wouldn't use two accounts to compare datafeeds. We would use two accounts only to be able to trade all pairs in both directions.
No. No two accounts and no 2 brokers needed. 1 broker only...
It's logic is a plain basket logic.
If you trade the following way BUY GBPUSD BUY NZDCAD BUY AUDNZD SELL GBPCAD SELL AUDUSD and it makes profit when the indicator gives positive values.

If you trade the opposite (Sell GBPUSD Sell NZDCAD Sell AUDNZD Buy GBPCAD Buy AUDUSD, the minus figures in the indicator means you are in profit.

I hope I am clear enough. If not please let me know.

Thanks...
  • #979
  • Jun 26, 2017 3:41pm Jun 26, 2017 3:41pm
Quoting GoldTheHun
{quote} Hi Meta, You have a very good understanding of relationships between pairs.. I loved the clarity in you explanations and schematics. I am not a coder, just a modder when I can understand the logic of the indicator and task at hand. I put together a very amateurish indicator for 5 pair hedging that lechuzon mentioned. It calculates the dollar total of the 5 pair hedge for the current day (since day open). {image} Here are the indicators. Both needed in order for the Circular5 to work. {file}...

open the exposure in mt4, it will give you the same for any quantity of pairs.......
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #980
  • Jun 26, 2017 3:50pm Jun 26, 2017 3:50pm
Quoting Samer1970
{quote} open the exposure in mt4, it will give you the same for any quantity of pairs.......

Can you be more specific? How do you open the exposure in mt4?

Thanks...
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