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Attachments: LazyHedging Trading Ideas
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LazyHedging Trading Ideas

  • smBodySwitch 3.5.0 | Demo Account XXXXXX03 Starting Feb 19, 2022
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Hi SM, could you tell if the system can work on GOLD and WTI ?

Thank you
Quoting Alberto_Jazz
Hi SM, could you tell if the system can work on GOLD and WTI ? Thank you
Please do not ask any questions about trading. I am not a trader and test as little as possible because I lose enough time programming.
Why don't you test in the charts, that's easy?
Actually, in my previous chart posted, you could see the gold and spot on the right. Click on the chart to enlarge it and one sees everything.

Here other charts.
Attached Image (click to enlarge)
Click to Enlarge Name: Spot-21.01.2022.PNG Size: 42 KB
smBodySwitch 3.5.0 Profit This Week: na
Almost the same.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 437 KB
My day was not as good: 6 lost, 2 won. Interestingly enough some trades that you won, I lost.... here are my orders:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB

It could have been because my broker's (UK IG) new daily candle starts at 00:00 GMT (BST in summer), so I probably have different entrly/tp/sl levels than rest of you...

Also, I have noticed the indicator shows 4 wins/profits, not 2, not sure why.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 229 KB

on GBPYJPY for example I marked 3 red levels for entry, SL, TP, - on 5min chart, it clearly shows the SL was hit first:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
Quoting graphium
...on GBPYJPY for example I marked 3 red levels for entry, SL, TP, - on 5min chart, it clearly shows the SL was hit first:
One should consider please that I have only described a trading idea here.
The indicator only makes a rough evaluation of possible outcomes, and cannot take into account intraday movements when calculating profits or losses.
Only with the EA will one be able to determine whether the idea of the sliding hedge can win without straining the capital too much, or whether the capital will be used up too quickly.

Your example with GBPJPY is one of the worst cases because it took 7 steps to reach the profit. (One will have to determine whether only 3 or 4 steps are sufficient.)

In the chart I have drawn thick orange lines between the reverse points. One sees that the distances are mostly smaller than half the WinPoints value!
In the Excel spreadsheet in Post #33 one sees that a martingale should have bet 64 lots at this point, and with that trailing hedge only 11.39.
(Please calculate with a percentage of the capital instead of lots. 1% risk e.g. Or 0.1%, 0.5% etc.)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.rM5.png Size: 61 KB
smBodySwitch 3.5.0 Profit This Week: na
Quoting SwingMan
{quote} One should consider please that I have only described a trading idea here...
Thanks for your reply SwingMan. All makes sense .

From what I have seen so far the concept of your "sliding hedge" with martingale would greatly improve results. In fact that's probably the only profitable (in a long run) way of using martingale I have ever seen and now consider using...

However, I am trying to check first if there is an edge in your system of entries and exits on its own...
  • Post #287
  • Quote
  • Edited Jan 23, 2022 1:04am Jan 22, 2022 6:35pm | Edited Jan 23, 2022 1:04am
Quoting graphium
...I am trying to check first if there is an edge in your system of entries and exits on its own...
Very good, when you're done the checking, please let us know...
Have you tested the statistics module of the indicator? The number of over 60% wins should perhaps also be present in practice.

Meanwhile the EA has started to work and a first version will be available maybe next week.

I won't post the EA in the thread (yet) because I don't know if one has understood the indicator BodySwitch how it works, and it would be pointless to use the EA blindly.
Only if one has also posted something in the thread, one can write me a PM and later I will send a link to download the EA.
The EA needs serious testing before it will eventually work, and I'm not getting any helpful feedback from anonymous downloaders.

Here is the chart of GBPJPY-M5 that I evaluated manually beforehand in Post #285. (MoneyManagement is not yet available)
One sees that the result is identical.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.rM5-EA.png Size: 31 KB
smBodySwitch 3.5.0 Profit This Week: na
Quoting SwingMan
{quote} Very good, when you're done the checking, please let us know... Have you tested the statistics module of the indicator? The number of over 60% wins should perhaps also be present in practice. Meanwhile the EA has started to work and a first version will be available maybe next week. I won't post the EA in the thread (yet) because I don't know if one has understood the indicator BodySwitch how it works, and it would be pointless to use the EA blindly. Only if one has also posted something in the thread, one can write me a PM and later I will...
Hello SwingMan, From what I understood about the system, you are looking at the body switch and trading after the signal in that direction, I don't understand why the Results here are Sell to buy back to back?
Quoting jado911
...Hello SwingMan, From what I understood about the system, you are looking at the body switch and trading after the signal in that direction, I don't understand why the Results here are Sell to buy back to back?
The BodySwitch indicator is a proprietary indicator, and I haven't seen the idea or the algorithm anywhere, maybe there is. The idea came to me after studying the "Mantra" indicator, but it's something completely different.

In fact, the trend is signaled because "Big Bars" break through an existing trend level. You will also find some threads in the forum where "Big Bars" are traded.

However, I wrote that the trend is not traded, but only a small part of the movement intraday (0.20 of the Volatility=ATR). It's an idea that should be tested to see what that brings, because the tools for this are still under development.
In Post #189 I specifically wrote: "The idea in the thread is hedging (lazy hedging), and not trend trading."
smBodySwitch 3.5.0 Profit This Week: na
There is my first test for the EA.

The quality of my historical data is very poor, and there are still some bugs in the program that negatively affect the results.
If one corrects them, the results will be slightly better.
Attached Image (click to enlarge)
Click to Enlarge Name: Tester Report EURUSD-D1 10months.PNG Size: 59 KB
smBodySwitch 3.5.0 Profit This Week: na
Quoting SwingMan
There is my first test for the EA. The quality of my historical data is very poor, and there are still some bugs in the program that negatively affect the results. If one corrects them, the results will be slightly better. {image}
Hi SwingMan,

I have 100% history and if you don't have mind I can test it.
Quoting veslup
...Hi SwingMan, I have 100% history and if you don't have mind I can test it.
Thank you very much for your offer.
Be the first on the tester list and send you the EA when I have corrected two or three existing errors.

I won't have any time and no reasonable price data to be able to test the next versions.
In reality, I'm not interested in that either, even if the theory, which is so perfect, can't be applied in practice later...
smBodySwitch 3.5.0 Profit This Week: na
  • Post #293
  • Quote
  • Edited Jan 24, 2022 9:47am Jan 23, 2022 4:39pm | Edited Jan 24, 2022 9:47am
Here is the first version for "smBodySwitch EA_v1.1".

I tested EURUSD from January 2021.
(One should test without VisualMode, it's faster.)

It works well for $10,000 in tester and 0.1% risk.
My big problem is with the margin/free margin.
With InitialDeposit=$1,000, SpecifiedMoney=$1,000 and Risk 1%, the message that the FreeMargin has been exceeded quickly comes up. Already at 0.43 lots.
(Typical is to test 6-8 January 2021, then bang it because of level 6 in the martingale.)
Setting one to InitialDepot=$10,000 works fine.

My account leverage is probably 100:1, and at 500:1, maybe 200:1 might work just fine.

To see values for the margin one can set the switch "Show_MarginInfo=true".
Maybe someone will explain under what account conditions (capital, leverage, risk) can the EA work with higher martingale levels.

See new version in Post #296
Attached Images (click to enlarge)
Click to Enlarge Name: TesterReport-EURUSD-D1-Jan21Jan22.PNG Size: 58 KB Click to Enlarge Name: Tester-Inputs.PNG Size: 6 KB Click to Enlarge Name: MarginInfo.PNG Size: 2 KB
smBodySwitch 3.5.0 Profit This Week: na
Quoting veslup
{quote} hi swingman, i have 100% history and if you don't have mind i can test it.
will u pl share history file
Here is the stupid message with the FreeMargin.

The display of the many arrows is a small error caused by the message, will correct it.
Attached Images (click to enlarge)
Click to Enlarge Name: FreeMargin-6-Ian21.PNG Size: 43 KB Click to Enlarge Name: EURUSD.rDaily.png Size: 8 KB
smBodySwitch 3.5.0 Profit This Week: na
  • Post #296
  • Quote
  • Edited at 5:07am Jan 24, 2022 4:50am | Edited at 5:07am
Here is a new version "smBodySwitch EA_v1.2"
with a little change: the EA stops when the FreeMargin is not enough anymore.
Attached File
File Type: ex4 smBodySwitch EA_v1.2.ex4   70 KB | 97 downloads
smBodySwitch 3.5.0 Profit This Week: na
Hi SM, many thanks for the expert.

I'm trying to run it on a demo account. When I attach it to a graph, a pending order is immediatly opened.

If I try to attach the expert on another symbol, previous pending order is deleted and a new one is opended on the last chart.

Is the expert able to run on a single chart?
Quoting SwingMan
...My account leverage is probably 100:1, and at 500:1, maybe 200:1 might work just fine.
OK, I have now clarified with my broker: my leverage is 30:1, and in Europe one can probably not get a better one for Forex trading.

One would now have to adjust in EA the number of pairs traded to the capital and the corresponding pair margin.
smBodySwitch 3.5.0 Profit This Week: na
Quoting SwingMan
{quote} OK, I have now clarified with my broker: my leverage is 30:1, and in Europe one can probably not get a better one for Forex trading. One would now have to adjust in EA the number of pairs traded to the capital and the corresponding pair margin.
I can confirm, my demo account with FX Pro is 30:1.
Quoting SwingMan
{quote} OK, I have now clarified with my broker: my leverage is 30:1, and in Europe one can probably not get a better one for Forex trading. One would now have to adjust in EA the number of pairs traded to the capital and the corresponding pair margin.
30:1 is standard in Europe since ESMA (European Securities & Markets Authority) regulation came in 2018.
You can still get a higher leverage in Europe if you a professional trader / have professional account...
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