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Attachments: Corti - Correlated EA
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Corti - Correlated EA

When does the EA actually trade?

I mean, I understand that it's correlated. Like, you buy GPUSD and sell USDJPY. Makes sense.

But what if then the GBPUSD falls, and USDJPY rises? The correlation obviously persists, but not to our advantage.
Thanks for the efforts for the EA. Simple way to trade, without too much add ons...I am live with 160 just to test in reality (default sets) and with 2 different demos on different pairs (with 10 minutes restart)
Quoting mankindeg
When does the EA actually trade? I mean, I understand that it's correlated. Like, you buy GPUSD and sell USDJPY. Makes sense. But what if then the GBPUSD falls, and USDJPY rises? The correlation obviously persists, but not to our advantage.
Read all posts here and online about how to profit with trading correlation and gaps created in the price between them.
Finance is bullshit. Math is truth. - Harry Markopolos
Quoting ea0setup
Thanks for the efforts for the EA. Simple way to trade, without too much add ons...I am live with 160 just to test in reality (default sets) and with 2 different demos on different pairs (with 10 minutes restart)
If you are live, i suggest you to to increase cooling more than 240min.
My goal is :
1.to get data from all my demos
2. Use the best performing pair group
3. Mini test it live for 1 month with 0.02 CCpoint
4. Go live big if 3 is successful with at least 360min cooling time.
Finance is bullshit. Math is truth. - Harry Markopolos
Quoting mastercool66
{quote} If you are live, i suggest you to to increase cooling more than 240min. My goal is : 1.to get data from all my demos 2. Use the best performing pair group 3. Mini test it live for 1 month with 0.02 CCpoint 4. Go live big if 3 is successful with at least 360min cooling time.
Roger that. IŽll increase the pause in real then. I am using the 10 mins in demo just to stress the EA
[quote=northwind;13098706]Hi Mastercool66, Subscribed. Thank you for sharing a great EA. Fantastic job. Have installed it and running on two different brokers. One in Europe and one in USA (Oanda). EA is working like a champ. But.... The USA broker sends repeated warnings for violation of FIFO rules when closing trades of same pair, e.g. USDJPY, USDJPY. Would it be possible to have the EA first close the trade that is oldest?


Hi mastercool66,
Trying to help out.
To deal with the FIFO problem for traders in the USA I modified the EA to have user input for separate BUY-lots and Sell-lots.
If the hedged trade requires buying or selling 2 X of the same pair, just double the CCPP instead of entering 2 trades.
E.g. USDJPY CCPP = 0.04 instead of 0.02.

This creates a new problem that cannot have Group 2 or Group 3 if they wouldn't have the 2 X in the Buy or Sell.

The fix:
Added 2 new variables and changed the buy-loop and sell-loop.
input double BUY_M_Common_Cost_Per_Point=0.02;//BUY Common Cost Per Point
input double SELL_M_Common_Cost_Per_Point=0.02;//SELL Common Cost Per Point.

User input looks like this:
Attached Image
Attached File
File Type: mq4 Corti-magic-lots.mq4   22 KB | 555 downloads
Perfidious Pips
Quoting northwind
Quoting northwind
Hi Mastercool66, Subscribed. Thank you for sharing a great EA. Fantastic job. Have installed it and running on two different brokers. One in Europe and one in USA (Oanda). EA is working like a champ. But.... The USA broker sends repeated warnings for violation of FIFO rules when closing trades of same pair, e.g. USDJPY, USDJPY. Would it be possible to have the EA first close the trade that is oldest? Hi mastercool66, Trying to help out. To deal with the FIFO problem for traders in the USA I modified the EA to have user
...
Respect.
Please follow up later this month with demo accounts how successful will it be.
Finance is bullshit. Math is truth. - Harry Markopolos
  • Post #48
  • Quote
  • Edited at 7:23am Aug 7, 2020 7:13am | Edited at 7:23am
Quoting mastercool66
{quote}{quote} Respect. Please follow up later this month with demo accounts how successful will it be.
Had it running while I typed my reply.
Worked as expected for quick profit.

Now I can't get the screen shot to show here.
Perfidious Pips
Quoting mastercool66
{quote} Hey Shiva, Sorry for replying late. M_TP=5.0 = Close on profit = 5 M_Common_Cost_Per_Point=0.5 - it calculates the lot before opening the order based on this input so u adjust it depending on your balance. Each pair has different cost per pip/point ,thats why i use this logic. Is TP dollar value? - depends on your account currency. Is cost-per-point Lotsize? - See above.
Thanks, MasterCool for making things clear.
The 2nd time it goes - 55...due to unemployment USA news inpact on DXY.
Lets see when it will close in profit.

The EA was not planned to trade today as friday, but i activated it myself to stress test the news.
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Finance is bullshit. Math is truth. - Harry Markopolos
I coded the EA into cTrader so I could backtest it using tick data. The EA gets good results at first, but goes through deep drawdowns and always ends up bust.

I'm not 100% sure I coded the algo correctly and definitely implemented some features differently. I also added compounding but the results were bad.
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Demo - just testing on demo currently, max drawdown around 400 + - , painful lol , took around 3-4 days to recover. abit hard to stomach the drawdown comparatively to daily gains. T_T
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Quoting cupidsux
Demo - just testing on demo currently, max drawdown around 400 + - , painful lol , took around 3-4 days to recover. abit hard to stomach the drawdown comparatively to daily gains. T_T {image}
With that CCPoint is obvious -400.
Finance is bullshit. Math is truth. - Harry Markopolos
  • Post #54
  • Quote
  • Edited at 1:28pm Aug 7, 2020 12:33pm | Edited at 1:28pm
Just converted the ea to mt5. Here is real ticks backtest from January 2019.

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Attached Files
File Type: ex5 corti.ex5   229 KB | 286 downloads
File Type: mqh mql4_to_mql5.mqh   8 KB | 347 downloads
File Type: mqh MT4Orders.mqh   88 KB | 342 downloads
File Type: mq5 corti.mq5   22 KB | 417 downloads
Quoting BpmFx
Just converted the ea to mt5. Here is real ticks backtest from January 2019. {image}{image} {image} {file} {file} {file} {file}
Thank you!
I am not sure about the tickdata MT5 offers , but for sure it can help optimise settings faster.
Finance is bullshit. Math is truth. - Harry Markopolos
Quoting BpmFx
Just converted the ea to mt5. Here is real ticks backtest from January 2019. {image}{image} {image} {file} {file} {file} {file}
Definitely backtesting does not count, because i am up 50% in less than 10 days of testing in my demo, meanwhile backtesting shows 60% up in more than 1 year. This is a huge difference imo,may be i am missing something for now.
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Finance is bullshit. Math is truth. - Harry Markopolos
Quoting mastercool66
{quote} ... but for sure it can help optimise settings faster.
And this is exactly the purpose!
Quoting mastercool66
{quote} Definitely backtesting does not count, because i am up 50% in less than 10 days of testing in my demo, meanwhile backtesting shows 60% up in more than 1 year. This is a huge difference imo,may be i am missing something for now. {image}
The difference because I used fixed lots and 1000 deposit. Here is the result if I start with 200 from 6 April:
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Quoting BpmFx
{quote} The difference because I used fixed lots and 1000 deposit. Here is the result if I start with 200 from 6 April: {image}{image}
From what i backtested in MT5 so far, best results are with bigger cooling time 1440 .
Next i want to check other combination of pairs too, i use GBP because of the high volatility to enter and close in profit faster.
Finance is bullshit. Math is truth. - Harry Markopolos
i tried it just yesterday with good result, lets see next week.. mastercool66, can we have an option also to not reverse after profit? if i want to only sell USDJPY and buy GBPUSD,GBPJPY? just for testing
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