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Simple High Profit low Drawdown Triangular Arbitrage

  • #341
  • Oct 20, 2017 6:18am Oct 20, 2017 6:18am
Quoting moncsicsi78
{quote} The most important: I don't want to trade arbitrage or any other prohibited way! I never mind the connection time to the brokers' server - it is not important so much. (Okay, don't be so looooong, but normal/average connection time is enough.)My goal is to trade by the way is acceptable by any broker's terms and conditions. I will ask them about this type of strategy.
depends on the broker. when you are with high wins and with a pure marketmaker you will get problems by whatever trading style you do. because any of your wins is your brokers loss (minus the spread and commission). when he lose to much on you, you will get kicked out or get connection problems to let you lose more often.

when you dont use a pure marketmaker broker, you can trade all trading styles. only arbitrage is special. when they have slower datafeed they make with all your wins as their losses and you get problems by pay money out. thatswhy for arbitrage you use normally big liquity providers direct connections and splitted with different liquity providers, so can arbitrage between this and dont have the risk the money will not be payed by broker. arbitrage is more a infrastructure game, the software to do is easy and smallest unimportanst part of this game.

you basket hedge arbitrage should be no problem with the broker, because all is done so slow, only market makers with problems in price feed will get problems when you would have wins and so they lose by it. simple test with your broker with very small amounts. there are many more complicated arbitrage ways, so this very basic easy way is normally no problem for a broker, but normally also no big wins possible (with this long time to execute trades).
  • #342
  • Oct 20, 2017 6:23am Oct 20, 2017 6:23am
why cant I backtest this?
  • #343
  • Oct 20, 2017 6:35am Oct 20, 2017 6:35am
Quoting dukas_trader
...there are many more complicated arbitrage ways, so this very basic easy way is normally no problem for a broker, but normally also no big wins possible (with this long time to execute trades).
Big wins is not possible without big risk.
My system maybe has no big potential profit, but there is no big risk, too.
Attached Image (click to enlarge)
Click to Enlarge Name: hedge.png Size: 8 KB
  • #344
  • Oct 20, 2017 6:38am Oct 20, 2017 6:38am
Quoting moncsicsi78
{quote} Big wins is not possible without big risk. My system maybe has no big potential profit, but there is no big risk, too.
arbitrage has the goal to have all risk putted on side of the broker. thatswhy you think you have no big risk ofcourse. when you have fast connection and very good infrastructure its true. but what happens when you dont get one of the 4 hedge trades because of offquotes .... there are more risks you can imagine and all need to be planed inside. and the broker dont will allow to have the risk all the time in your trades. they are not stupid.
  • #345
  • Oct 20, 2017 6:43am Oct 20, 2017 6:43am
Quoting dukas_trader
{quote} arbitrage has the goal to have all risk putted on side of the broker. thatswhy you think you have no big risk ofcourse. when you have fast connection and very good infrastructure its true. but what happens when you dont get one of the 4 hedge trades because of offquotes .... there are more risks you can imagine and all need to be planed inside. and the broker dont will allow to have the risk all the time in your trades. they are not stupid.
Maybe I was equivocal: I DON'T want to trade arbitrage and any other prohibited way of trading.
And I also have risk, as I wrote - just it will be tolerable for me, I think.

Offquotes, requotes can cause problems, of course.
I should have to search for a broker who minimalize these...
  • #346
  • Oct 20, 2017 11:31pm Oct 20, 2017 11:31pm
Quoting eatrader75
raffus, If you talking about the hedging 3 pseudo renko EA please check the following thread: https://www.forexfactory.com/showthread.php?t=335072 Also please read again the #Post 295 on this page
just for test only!
attach OPEN_EURGBPJPY.mq4 to eurgbp,gbpjpy,eurjpy renko chart,with 9 10 9 boxsize,
attach OPEN_EURGBPUSD.mq4 to eurgbp,gbpusd,eurusd renko chart,with 9 10 9 boxsize,
attach OPEN_EURUSDJPY.mq4 to eurusd,usdjpy,eurjpy renko chart,with 6 5 6 boxsize,
attach close ea to any chart
open lot=accountbalance/100000
close orders=when any buy buy sell or sell sell buy or all profit >accountbalance*0.01+orderlot()*7
Attached File(s)
File Type: mq4 CLOSE.mq4   13 KB | 549 downloads
File Type: mq4 OPEN_EURGBPJPY.mq4   2 KB | 808 downloads
File Type: mq4 OPEN_EURGBPUSD.mq4   2 KB | 802 downloads
File Type: mq4 OPEN_EURUSDJPY.mq4   2 KB | 812 downloads
  • #347
  • Oct 21, 2017 5:39am Oct 21, 2017 5:39am
Quoting nantong
{quote} just for test only!
Hi nantong,

I might have to think about to open a new thread with jeuro's concept.

But for now, could you please tell me more about your test?

Thanks
  • #348
  • Oct 21, 2017 5:46pm Oct 21, 2017 5:46pm
Quoting eatrader75
{quote} Hi nantong, I might have to think about to open a new thread with jeuro's concept. But for now, could you please tell me more about your test? Thanks
So far I didn't forward test enough time,as I can see,when trend goes up and down,the lots opened will increase very far if you had small boxsize,but they are partly hedged,and the drawdown is not that much with the lots opened.I think as time goes,opened lots will go between unbalanced and balanced,because we buy buy sell and sell sell buy at almost hedged distance when the price of EURUSD AND EURGBP do not goes that far,the boxsize will not change for a long time.When the lots increase enough,the little trend move will result in profit or drawdown,which is unknown.
  • #349
  • Oct 23, 2017 3:01am Oct 23, 2017 3:01am
Quoting moncsicsi78
{quote} Big wins is not possible without big risk. My system maybe has no big potential profit, but there is no big risk, too. {image}
Hi moncsicsi78, can you talk more about your system... as I see is a quadrangular hedging system.. right?
  • #350
  • Oct 23, 2017 3:47am Oct 23, 2017 3:47am
Quoting Me@Home
{quote} Hi moncsicsi78, can you talk more about your system... as I see is a quadrangular hedging system.. right?
Nothing special... as ypou wrote, it is a 4th hedge. Every pairs and currencies in the basket are balanced - almost balanced. I am trying to trade it with balanced lot sizes and equal lot sizes, too - I am just observing which way is better.
If the basket goes wrong, I use grid: take all 4 orders again.
Usually it is enough to take 1 or 2 other grid trade to close all them in profit. Most of the time (if the first basket was opened in the right conditions) it is enough to take only one basket/order to close all in profit.

It is not an arbitrage system. Not necessary any special technical conditions (fast PC, internet connection, etc.)
It has a risk. But limited - and of course, limited profit.
It is good for ME because of its psychological aspects. ..and that's why it is very subjective.

But I don't want to spam this topic, so sorry jvbJacques!
My theme is closed.
  • #351
  • Oct 23, 2017 5:01am Oct 23, 2017 5:01am
Quoting moncsicsi78
{quote} But I don't want to spam this topic, so sorry jvbJacques! My theme is closed.
Thank you for this punctualization.... If you open a specific 3d I'll follow
  • #352
  • Oct 23, 2017 5:12am Oct 23, 2017 5:12am
Quoting nantong
{quote} just for test only! attach OPEN_EURGBPJPY.mq4 to eurgbp,gbpjpy,eurjpy renko chart,with 9 10 9 boxsize, attach OPEN_EURGBPUSD.mq4 to eurgbp,gbpusd,eurusd renko chart,with 9 10 9 boxsize, attach OPEN_EURUSDJPY.mq4 to eurusd,usdjpy,eurjpy renko chart,with...
Sorry
How can i open Renko chart?
Also. May i compile your mq4 files in order to have ex4 files?

Thanks a lot
  • #353
  • Oct 23, 2017 6:26am Oct 23, 2017 6:26am
Quoting raffus
{quote} Sorry How can i open Renko chart? Also. May i compile your mq4 files in order to have ex4 files? Thanks a lot
Here is the file that can make renko chart you can find everywhere.Just attach it to 1m chart and select proper boxsize and timeframe(usually is m2,and if there is two same symbol,and second symbol you have to select m3 or else),and open offline from menu,that's it.Yes,you can compile.
Attached File(s)
File Type: ex4 RenkoLiveChart_v3.4.ex4   12 KB | 503 downloads
  • #354
  • Oct 23, 2017 6:56am Oct 23, 2017 6:56am
Quoting Me@Home
{quote} Thank you for this punctualization.... If you open a specific 3d I'll follow

me too!
  • #355
  • Oct 23, 2017 7:57am Oct 23, 2017 7:57am
is this EA have any restrictions ?
  • #356
  • Oct 23, 2017 9:05am Oct 23, 2017 9:05am
Forward Test none happens ('till past friday)

I attach here the today's log file...
Inserted Code
0 08:10:16.170 Expert Arbitrage\2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: loaded successfully
0 08:10:16.170 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1 inputs: fxName1=GBPJPY; fxName2=GBPUSD; fxName3=USDJPY;
0 08:10:19.436 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: jvbFuncOnInit=sym=GBPUSD TESTING=0
0 08:10:19.436 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: Spies ok, waiting for events...
0 08:10:19.436 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: **** INIT=AccountLeverage=500 true=1 false=0 marginPerMlot=0 acountDecrease=0 ticketProfitStart1000Lots=100
0 08:10:19.436 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: initialized
0 08:10:19.553 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: *** run() TimedLog1
0 08:10:19.553 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: *****=maxDrawDown3=0 maxMargin=0 minMarginFreePers=1.5 dte=1508749833 maxAccountBalance=50 ERROR=
0 08:10:19.553 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: setCommission=OrdersTotal=0
0 08:10:19.553 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: setCommission=openTrade
0 08:10:19.553 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: openTrade() in_IsBuy=1 newLotSize=0.01 in_LotSize=0 in_FxName=GBPUSD
2 08:10:19.704 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: open #81913724 buy 0.01 GBPUSD at 1.32191 ok
0 08:10:19.704 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: openTrade() rtOpen=1 in_IsBuy=1 lotSize=0.01 in_LotSize=0.01 in_FxName=GBPUSD
2 08:10:22.876 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: close #81913724 buy 0.01 GBPUSD at 1.32191 at price 1.32177
0 08:10:22.876 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: setCommission=OrdersTotal=1
0 08:10:22.876 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: cc2= 0 deal_ticket=81913724 Symbol=GBPUSD Lots=0.01 Commission=0.00000000 commisionPerMLot=0
0 08:10:22.876 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: setCommission-DONE commisionPerMLot=-0
0 08:10:22.876 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: *****=maxDrawDown3=0 maxMargin=0 minMarginFreePers=1.4972 dte=1508749838 maxAccountBalance=50 ERROR=
0 08:10:22.958 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: run()=drawline_fxValue1=150.259 drawline_fxValue2=1.3219 drawline_fxValue3=113.642
0 08:10:22.958 2017-09-18 09h00 JVB Arbitrage Auto Profit19 GBPUSD,M1: drawLineAvgReset()=drawLine_PriceBase=1.32203
  • #357
  • Oct 25, 2017 3:09am Oct 25, 2017 3:09am
@moncsicsi78
Sounds very interesting and no need to stop posting.
If it works then continue.
You will not know until you test it over a period of time.



@EVERYONE
I am back, but only for a few seconds.
I can see the conversations are heating up

I made a lot of enhancements, but all is hanging in the air as I ran out of free development time and I have to focus on my paying work or lose the very thing I need to do development with.
So I will not be able to do many or any updates for a long time until I get time off again.

But I will be back and I will finish this project when I get time again.

Just keep in mind that the EA 19 is unstable as explained before, but useful to test the theory with.
Enjoy testing.

O and one of the updates that shows extremely good results are a semi unbalanced triangle.
A bit bigger draw-down, but massive improved profits.
To counter the draw-down the lot size need to decrease, meaning the profit drops to about the level of the current balanced triangle system.
The advantage of the unbalanced system is that the movements are big enough that you can almost ignore spread and slippage seeing that the profit is big enough to go way past it, where a balanced triangle are extremely susceptible to slippage.
You even get spike-less trends in the unbalanced one, that also show some trading opportunities in that unlike a normal trend you can follow it without the fear of a sudden reversal like normal trading, but that is something for another day.

I actually got my hand on a account, which is trading the unbalanced system to some degree on a live account with great success, but I can not get hold of the EA or the developer, but I have already reverse engineered it and just have to put it into code to test it myself and maybe add some of my own code for profit on profit growth.
  • #358
  • Oct 25, 2017 6:01am Oct 25, 2017 6:01am
Quoting jvbJacques
I actually got my hand on a account, which is trading the unbalanced system to some degree on a live account with great success, but I can not get hold of the EA or the developer, but I have already reverse engineered it and just have to put it into code to test it myself and maybe add some of my own code for profit on profit growth.
just to help you, unbalanced trading is much more cheaper, when you simple open the unbalanced part. just normal trading.
when your "got my hand on a account, which is trading the unbalanced system to some degree on a live account with great success" , then this account is always from a total beginner. and why you would like to copy a beginner?
  • #359
  • Oct 25, 2017 6:12am Oct 25, 2017 6:12am
No risk no profit,unbalanced system contain risk,where the profit come from,so don't be afraid of risk,you need to control it not to avoid it.To control risk you can control your open lots.
  • #360
  • Oct 25, 2017 6:18am Oct 25, 2017 6:18am
Hello, I'm interesting to your EAs but, Can I ask some question ?

How do you calculate ASK and BUY line with average ?
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