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Red News Hedge Trading + EA

  • #361
  • Jul 30, 2018 6:47am Jul 30, 2018 6:47am
Much appreciated MathTrader! I shall get to work
  • #362
  • Jul 30, 2018 9:51am Jul 30, 2018 9:51am
Quoting MathTrader7
Version 1.73 of the EA released (I updated Post 1). This version is compiled with MT4 build 1126.
Hi MathTrader could you possibly elaborate on how slippage default value of 30 lower or higher impacts potential outcome from the EA? Am I correct in thinking lower slippage value will limit risk but at the expense of hitting stop loss particularly around news release? Just experienced 50 pips slippage on certain Australian news at least according to brokers; in such extreme cases what should the value be around? I'm analysing news impact across multiple pairs and brokers and welcome anything that would assist an analytical approach. Will be more than happy to share results once I get the hang of the tricks of trading around news. Thanks again
  • #363
  • Jul 30, 2018 10:01am Jul 30, 2018 10:01am
Quoting MathTrader7
Version 1.73 of the EA released (I updated Post 1). This version is compiled with MT4 build 1126.
By the way MT I seem to have a little trouble removing the EA from a chart by Expert Advisors -> Remove - leads to MT session hanging for 10 seconds or more with the buttons remaining on chart. Cheers
  • #364
  • Jul 31, 2018 12:36am Jul 31, 2018 12:36am
Quoting fairtraderuk
{quote} Hi MathTrader could you possibly elaborate on how slippage default value of 30 lower or higher impacts potential outcome from the EA? Am I correct in thinking lower slippage value will limit risk but at the expense of hitting stop loss particularly around news release? Just experienced 50 pips slippage on certain Australian news at least according to brokers; in such extreme cases what should the value be around? I'm analysing news impact across multiple pairs and brokers and welcome anything that would assist an analytical approach. Will...
Hi fairtraderuk,

The Slippage in the input settings has a different meaning. When an EA sends an order to the broker's server, it has to mention the price at which the EA wants the broker to open a BUY or SELL position. However, since it takes some time (for example, 200 miliseconds) for the order to be processed by the broker's server, the actual price in the market may have been changed a few points. Slippage tells the broker how much change in the market price is acceptable for the order to be executed.

Best,
Matt
Trading is the hardest way to make easy money...
  • #365
  • Jul 31, 2018 1:51am Jul 31, 2018 1:51am
Quoting fairtraderuk
{quote} By the way MT I seem to have a little trouble removing the EA from a chart by Expert Advisors -> Remove - leads to MT session hanging for 10 seconds or more with the buttons remaining on chart. Cheers
What is your MT4 build version?
Trading is the hardest way to make easy money...
  • #366
  • Aug 3, 2018 2:53pm Aug 3, 2018 2:53pm
Mathtrader would it possible for you to perhaps create MT4 Expert Advisor that will monitor the price action of two different currency pairs, e.g. EUR/USD and GBP/USD and calculate the correlation gap between them.

The EA should place a trade when the gap reaches a certain level and close the trade in profit when the gap has closed to a preset lower level. I have been testing this strategy and its amazing. I basically have EA's that take care of the trade after I already opened the trade, but I need something that will trigger the trade in the first place.
  • #367
  • Aug 5, 2018 10:59am Aug 5, 2018 10:59am
Quoting icey4826
Mathtrader would it possible for you to perhaps create MT4 Expert Advisor that will monitor the price action of two different currency pairs, e.g. EUR/USD and GBP/USD and calculate the correlation gap between them. The EA should place a trade when the gap reaches a certain level and close the trade in profit when the gap has closed to a preset lower level. I have been testing this strategy and its amazing. I basically have EA's that take care of the trade after I already opened the trade, but I need something that will trigger the trade in the first...
Hi, I sent you a PM in this regard.
Trading is the hardest way to make easy money...
  • #368
  • Aug 5, 2018 9:48pm Aug 5, 2018 9:48pm
i have found one problem but i dont know how to slove?
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  • #369
  • Edited 3:52am Aug 6, 2018 12:45am | Edited 3:52am
Quoting Mianssg1
i have found one problem but i dont know how to slove? {image}
In order to load history data of hedge symbols, you can follow the steps below:
1. Hit <F2> key to bring up History Center window.
2. Select the symbol (for example, AUDCAD).
3. Click on <Download> button.
4. Repeat steps 1 to 3 for all symbols you want to load history data.
Trading is the hardest way to make easy money...
  • #370
  • Aug 9, 2018 6:52am Aug 9, 2018 6:52am
Quoting MathTrader7
{quote} What is your MT4 build version?
Hi MathTrader apologies for the late response; the build seems to be 1090 May 2017 however the problem seems to have gone away - so thank you!

On a separate note and hope this is not too much a rookie question - do you think it would be feasible for this EA or another adapted version to open both Buy & Sell positions at certain minutes/seconds before news and for the EA to close one of the positions once the specific trade has hit a certain money loss but allowing the reverse trade to continue?

Having faced slippage, manipulation and market lockout both manually and through an existing EA I am coming to the conclusion that perhaps being in the trade and taking a limited loss could increase the probability of profits(?) Alternatively entering minutes after the news based on historical behaviours could at times be equally profitable.

Thanks again for all your efforts and look forward to your comments.
Ben
  • #371
  • Aug 9, 2018 6:54am Aug 9, 2018 6:54am
Quoting fairtraderuk
{quote} Hi MathTrader apologies for the late response; the build seems to be 1090 May 2017 however the problem seems to have gone away - so thank you! On a separate note and hope this is not too much a rookie question - do you think it would be feasible for this EA or another adapted version to open both Buy & Sell positions at certain minutes/seconds before news and for the EA to close one of the positions once the specific trade has hit a certain money loss but allowing the reverse trade to continue? Having faced slippage, manipulation and market...
Thanks in advance Matt!
  • #372
  • Aug 9, 2018 7:37am Aug 9, 2018 7:37am
Quoting fairtraderuk
do you think it would be feasible for this EA or another adapted version to open both Buy & Sell positions at certain minutes/seconds before news and for the EA to close one of the positions once the specific trade has hit a certain money loss but allowing the reverse trade to continue?
Hi fairtraderuk!

I believe that it is fairly easy to program such idea, but I don't have such EA.

Best,
Matt
Trading is the hardest way to make easy money...
  • #373
  • Aug 9, 2018 8:07am Aug 9, 2018 8:07am
Quoting MathTrader7
{quote} Hi fairtraderuk! I believe that it is fairly easy to program such idea, but I don't have such EA. Best, Matt
Thanks Matt,

Based on your expertise do you think the idea of opening synchronised Buy&Sell trades on the same or correlated pair before news release and relying on the EA to close the losing trade reasonably within target during volatile news is realistic or feasible? ie is it worth investing into the idea?

Also aside from the great material you kindly share here, do you take on customised development work?

Cheers
Ben
  • #374
  • Aug 9, 2018 9:19am Aug 9, 2018 9:19am
Quoting fairtraderuk
{quote} Thanks Matt, Based on your expertise do you think the idea of opening synchronised Buy&Sell trades on the same or correlated pair before news release and relying on the EA to close the losing trade reasonably within target during volatile news is realistic or feasible? ie is it worth investing into the idea? Also aside from the great material you kindly share here, do you take on customised development work? Cheers Ben
I think we need to backtest this idea to see the results. I haven't traded news like this.

/Matt
Trading is the hardest way to make easy money...
  • #376
  • Sep 25, 2018 1:26pm Sep 25, 2018 1:26pm
Mathtrader7,
Please I need your help with the Mathtrader7_NewHedgeEA.
Whenever, I turn off my mt4, the EA get disabled and could not get it on to monitor any pairs opened with it before. Therefore, the take profit will not be active to continue monitoring the trade--have to close it manually. Any help please. I also would appreciate if you add in the input the coordinates xy to help us position the EA in a different location than where it is opening right now such lower, upper, right or left corners.
Thank you.
doura Return Today: 0.1%
  • #377
  • Dec 17, 2018 7:26pm Dec 17, 2018 7:26pm
Hi friends, can anyone help me please, I was using the Mathtrader7_NewHedgeEA and my MT4 updated to build 1160 and now it does not work anymore.

Thank you!
  • #378
  • Jan 20, 2019 8:44am Jan 20, 2019 8:44am
Quoting MathTrader7
{quote} Varsågod!
Hi MathTrader7
I was trying the NewsHedgeEA and i got a message on MT4 "Incompatible MT4 client build version"
Can you please update your NewsHedgeEA for us?
  • #379
  • Jan 21, 2019 5:58am Jan 21, 2019 5:58am
Quoting El1000
{quote} Hi MathTrader7 I was trying the NewsHedgeEA and i got a message on MT4 "Incompatible MT4 client build version" Can you please update your NewsHedgeEA for us?
Hi, I will take a look at the issue and come back to you.
Trading is the hardest way to make easy money...
  • #380
  • Jan 30, 2019 4:21pm Jan 30, 2019 4:21pm
Quoting MathTrader7
{quote} Hi, I will take a look at the issue and come back to you.
Hi Math, can I use this ea without news?
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