Simple High Profit low Drawdown Triangular Arbitrage

I was looking into your other posts on others threads......you continuously fight to everybody, your tone is always aggresive and you are only willing to badmouth anyone dare to say something you dont like regardless whats the topic: you are incurable ill i guess....

God thanks i dont have such friends around me....you are a ticking bomb mate, get help!

Live a bit, stay optimist and constructive and dont rush to fight!

cheers!

(please put me on ignore now)

Well I think you're doing a great job on research and testing, etc. The work you are putting in just on this is far more work than many others put in on their entire trading approach.

And even if this doesn't end up making millions on its own, you would probably learn a great deal about market inefficiency that might help with gaining perfect entries on a more complete trading system.

I wish you well in your discovery.

ok , now i really have to write again (sorry thread owner), because now you have done something thats really show you as a bad ass, you start being a big heavy liar!! until now you was a stupid man with low experience in trading, but now you start offense liar image.

show me one thing i wrote bad over someone who did not deserve it and i did not show by arguments why , and show in context , not one word and the lines before why i wrote something?

you are extrem this man what you call me. you attack me, show how unexperienced you are, be a big liar, call things wrong what are correct and hide this facts all the time,...its like your brain is burning and you dont know what you do.

do you really not see that your writing without arguments is only showing, how stupid you are? a crazy biting dog, nothing more.
and why i should put you on ignore list, because you are crazy, stupid, a big liar, or what fact?

really, you only came in this thread to attack and be a big asshole, and show all that you are without any argument and content. why you do yo? whats your problem in life or trading that you have without arguments nothing and can only attack?

do what you want, but its funny to see you die in your own liar image. red flag liar, not seen all days, no wonder you have red flag here, when you write only this bullshit each day.

and to your last part: you are no optimist, you are worst crazy possible man here to defend only his won bullshit (what was a big mistake and you cant hear what you wrote was extrem wrong) and contructive you never was here. all was fine in the threat, there was so many help to show what will work in reality and what have to been done , because in reality there are other rules then in demo. and then you come in and start your bullshit. no help from you, no argument, no advantage or disadvantage mentioned, only attacking for nothing and even with extrem wrong statements. thats you, and you can cry so often like you want, you cant hide this fact that you are only this little man like you show here. and ofcourse i can now start to speak about your friends, that you dont look like someone who has many people around who accept this behavior,.... but i am not on your level, i accept your crazy style but dont accept when you attack me without any argument! bring arguments and i will answer to all, or accept that you are not possible to use a forum to discuss.

nothing else to say, or will you again be a liar and bring more wrong sentences? sometimes boring always to correct your sentences, can you at least start to write only the truth and with arguemnts, this would be something to speak about. and maybe start to invest in the threat, your only point was i was wrong , but there i was more then correct - thats not really a help to bring wrong points and nothing more.

why use 12 words when 800 words would do just fine......

@jvbJacques

USD/JPY has a swap very high. Can it be a problem for stretegy?

wow lots of action while I was gone... Not all good.

@Price
Thanks for the support and I agree.
I have already learnt a lot and still learning.
I still have a lot of tools in my toolbox that can counteract all the slippage and other problems that I have not yet tested and until I exhaust all options I will continue.
Plus it is fun


@artico01
I basically ignore swam and take the hit, because swap is such a small percentage of the losses.
You can easily test it by opening a single trade and leaving it open in a back test for a year or so and you will see the swap barely affects what profit you make per trade.
I see it as a minor cost of trading, except Wednesday monster swap, but still I ignore it.
The big cost being the spread and commission.

Unfortunately I removed the swap ignore part out of EA 19 .... oops.
Still works, but I like to leave it out of the calculations.
Will probably put it back in the next EA version.

From your chart your trade should have opened and closed multiple times if there was no slippage.
Dang slippage.
Look out for the new EA in a few ..... days or months ....
I tested a variable unbalanced triangle with great success, just need to finish its coding, which should handle slippage like a boss and even big spreads and commissions.
Still a lot of theory to test.

Jacques,

I've got yesterday 3 sets of trades. 2 of them closed in profit.


The 3rd one had about $5 floating profit in the evening, didn't close it manually - the swap killed this profit and missed many opportunities because of the open trades.


Did you manage to have a look at the free Amazon AWS VPS?

@eatrader75
Nice.

No sorry.
I did not have time to look at the amazon VPS yet, but thanks for the suggestion.
I will certainly look at it.

I am also falling in love with JTrader and Dukascopy.
Execution speed looks very good and still better they have got a free VPS for all their accounts, maybe even demo accounts.
The only VPS limitation is it need to only use about 50megs of memory, but in java anything is possible
Also another good thing about the VPS is that it sounds like it is running directly on their trading server, which means sub 1ms connection delay and it is multi-threaded, meaning no waiting for single trades.
Still need to test most of that.

Hello @jvbJacques,

I'm trying to set your EA on an MT5 demo account, but getting newError=4302 at expert advisor log event. Any idea?

Great work by the way!!


********************* SOLVED ****************

I think this was a newby question, was thinking to delete it, but maybe could help others!! This erros was due to all symbols wasn't added in the MarketWatch!! Just put them all (gbpjpy, usdjpy, gbpusd), restarted mt5, and attached EA. Now it's working. Let's see how does it does on ICMarkets demo account from InterServer VPS.

@JRogerFX
Welcome.
There is no such thing as a newbie question so keep asking and enjoy

Thanks for pointing that out to the others, I am sure there are many that will find it useful as you are not the first that had that problem.

Just to recap.
Just add the 3 symbols to the market watch, no need to open charts for each symbol.

Jacques,

I've closed those losing trades manually in the morning, giving a chance for new trades. But no new trades despite the opportunities...


It isn't possible to open 2 sets of trades (buy-sell-sell and sell-buy-buy) let say randomly, then when the signal comes, close the winner set or trail the profit/stop then reopen them? Just a thought...

@eatrader75
If you manually close the trades then you have to restart the EA.
It is not smart enough yet to pick up the trades was closed and will wait forever.

Yes it is possible, but they basically cancel each other out so not profit no matter how you look at it.

Do not worry.

An update is coming that might be the solution to our slippage problem.
This EA will work if the slippage is low or nonexistent, which it is not.
The new EA should work with any slippage or spread, depending on how much profit you want.

Jacques,

I think it needs to explain more my previous thought. The 2 sets of trades don't mean to cancel each other.
- Right now you open 1 set when the signal appears. According to the signal, you know that the GBPJPY-GBPUSD-USDJPY should be buy-sell-sell or sell-buy-buy.
- But if you want to use the signal to close the trades, you need to be prepared for both situations. 1 set of buy-sell-sell and 1 set of sell-buy-buy. Close only the winner set and reopen them. The other set is waiting for its right signal.

The idea comes from a lock latency arbitrage site, and I just focused on to: "Replace the orders opening by the orders closure, and thereby reduce the time of execution and therefore slippage." http://iticsoftware.com/en/lock-latency-arbitrage.html


I know, that's different arbitrage than yours, so just a thought...
Exited to see your updated ea!

Thanks

@eatrader75
Unfortunately it will still not work.
I see what you want to do.

Problem is you need to look at the chart.
It tries to open on the opposite side blue line.
Then close on the middle line or the other blue line.

Now that seem like a large distance, but it is actually just a few pips that is zoomed in a lot in the chart.
Therefore if you open both trades say in the middle and close it on the outer edges then you make even less pip profit.

We are already hitting the wall when it comes to slippage so now you have even less profit to cover the slippage.

My very first EA was something like that.

BUT BUT I Like small buts

The new EA will make use of something like that.
Actually the new EA makes use of a grid system again, but also a unbalanced triangle.
Initial tests looks good.

As for the US and no hedging.

I see no need ever for hedging, except if you want to use a cool multiple trade close trick Which might be one reason for hedging, but not for hedging and just for closing fast, but that is a story for another day.

I handle hedging with cancelled orders sort of.
If you have a BUY and SELL then you have nothing.
People need that to calculate the movement of the trades normally, but using code I can calculate the movement without an actual live trade.
The advantage is smaller sized and less trades and best of all only trades in ONE direction.

So no problem with US no hedging rules for there is no actual hedging going on in the trades itself.
Show me a hedge and I will show you how to do the same or better without a hedge.... Except for that darn awesome close trick, but then MT5 have that trick build in using hedging or no hedging.

Jacques,

As you've mentioned your good results with the unbalanced EA, thought that I might restart the forward testing with mine. The screenshot shows the last 8 hours of trading (ignore the "HEDGE-CLOSE-ORDER" in the top report).



Trading with 2 sets of EURUSD-USDCHF-EURCHF orders independently: buy-buy-sell and sell-sell-buy (in the comment with number 1 and 2). It mimics the Renko chart in a way that I've already mentioned in #Post 269, by jeuro. You may have an idea how to improve it, or maybe your new update has some similarity.

Edit: I've removed an unnecessary line from the setting. Place the EA on any symbol, only 1 chart, any timeframe. Use the following settings for a quicker test:

Jacques,

The U.S. Nonfarm Payrolls and Unemployment Rate announcement made your EA very busy today. This profit should be on my live account now.

Attached Image (click to enlarge)

Attached Image (click to enlarge)

Thanks!

Hello @eatrader

what are the group of 3 currency you have taken?
i can see 3 charts so i suppose you are running 3x triple hedging system
Correct?

if yes please can you kindly write me ?
tks!

@eatrader75
Not a bad week there for you.

Wish I could push the development faster to give you the multi triangle on now with better stops.
Those stops are important and unfortunately not part of EA19.
The stops prevent a trade opened with a lot of slippage to stay open forever, with a small amount of loss.

Your trade execution speed seem very good with little to no slippage in the logs compared to my demo account trades.
You say that is a live account ?
If so then it looks like live is the way to go for less slippage strange enough.

Good luck.



@raffus
This is is just being tested on the GBP triangle, but can work with any triangle out there and in a later EA I will insert the option to combine multiple triangles for faster trading with no extra draw-down.

Weekly results. Demo account SMFX. Logs.

@artico01
I'm pleasantly shocked at how good this EA is performing, even at this unfinished stage
I'll set it up and you knock it down