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Millionaire Expert (save as EA)

  • #11,961
  • Apr 12, 2022 9:41pm Apr 12, 2022 9:41pm
That is the absolute value, or math value

but realtime value what s it?
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,962
  • Apr 12, 2022 9:42pm Apr 12, 2022 9:42pm
Quoting phuclockbs
{quote} Millionaire Expert tells me that it is a big pipVale, not some small or Zero? {image}
you buy and sell cad
you buy and sell eur'
you buy and sell usd
you buy and sell jpy
========
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,963
  • Apr 12, 2022 9:47pm Apr 12, 2022 9:47pm
for EUR:
we have EURUSD and EURCAD
EURUSD*JPYCAD*USDJPY*CADEUR

for EURUSD: PV=1 USD
for EURCAD: PV= 1 CAD=-0.7921 USD (1/USDCAD)
net: 1-0.7921=0.2 USD BUY = 0.002 Lots

to netted it to zero, EURCAD lot must be as USDCAD price *0.01 = 0.012627

if EURUSD = 0.01 lots , then EURCAD must be 0.012627 lots
in this case they have the same PV of 1

and so on for other parts.

phu, after weeks you will see net P/L almost unchanged.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,964
  • Apr 12, 2022 9:52pm Apr 12, 2022 9:52pm
CAD:
Now we finish EUR, and set EURCAD lots at 0.012627
we go to either CADJPY, SEQUENCE

to make CADJPY and EURCAD net to zero,
let us first calc net PV
pV of CADJPY = 100/USDJPY = 0.7964
and that of EURCAD we make it 1 USD with lots 0.012627
THEN:
to make CADJPY PV=1, then the lots must be normalized price of USDJPY *0.01
CADJPY = 0.01*125.56/100 = 0.012556 lots (==>PV=1)
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,965
  • Apr 12, 2022 9:56pm Apr 12, 2022 9:56pm
JPY:
CADJPY with lots = 0.012556 (PV=1)

JPY sequence, we have USDJPY BUY
Then we must enter also 0.012556 lots to make PV=1

Now remain USD.
EURUSD already PV=1
and USDJPY PV=1 if lots = 0.012556 (SAXO BANK allow this)
this is the equilibrium point.
that always net profit will be zero, assume Islamic account!
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,966
  • Apr 13, 2022 12:44am Apr 13, 2022 12:44am
Quoting Macd-rsi
you use refOnBar? but for SEND order, please try empty ref (for both columns) for SEND, then feedback? as shown on picture: i do not know why i am not facing this problem on my terminal? {image}8888888
I do not use Ref on Bar.

Results are same still when use SEND.

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Consistency & Patience
  • #11,967
  • Apr 13, 2022 12:59am Apr 13, 2022 12:59am
Quoting coolsjc
{quote} I do not use Ref on Bar. Results are same still when use SEND. {image} {image} {image}
Otaibi,

I removed EA and deleted default file and reattached.

Then it start working fine. Sorry, i could have try this early. Thank you.

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Consistency & Patience
  • #11,968
  • Apr 13, 2022 4:58am Apr 13, 2022 4:58am
Quoting Macd-rsi
tough question for smart people: if you have this square EUR-CAD-JPY-USD you buy EURUSD but sell CADJPY, and buy USDJPY but sell EURCAD what is the actual pipValue ???? runtime or real PipValue? assuming buy direction: look at the compound pair: EURUSD*JPYCAD*USDJPY*CADEUR = 1 = actually no pair exposure EURUSD*JPYCAD*USDJPY*CADEUR = 1 = EUR/USD*JPY/CAD*USD/JPY*CAD/EUR = (EUR/EUR)*(JPY/JPY)*(CAD/CAD)*(USD/USD)=1*1*1*1=1 is it totally hedged positions, or there is a net lot of 0.001(some small pipValue)...
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Yes sir! I will leave this 4 orders for one week to see how it goes. This is a hard lesson for me, I have to re-read the explanations over 100 times (among to other lessons) to grasp it a little bit.

Thank you very much
  • #11,969
  • Apr 13, 2022 8:59am Apr 13, 2022 8:59am
your net lots around 0.003 lots
Quoting Jspaks
{quote} {image} Yes sir! I will leave this 4 orders for one week to see how it goes. This is a hard lesson for me, I have to re-read the explanations over 100 times (among to other lessons) to grasp it a little bit. Thank you very much
to simplify lesson:
assuming start lot is 1 for EURUSD:
Then lots of EURCAD must be USDCAD PRICE = 1.2600 LOTS
and for USDJPY and CADJPY their lots must be normalized price of USDJPY = 1.25666 lots (USDJPY now is 125.666)


do not forget USDCAD, USDJPY are changing, but has less error calc.

it will be added to MAHAL

if your entries were two months ago, what s the result now?

do not forget the square is not complete, for eample: EURJPY, USDCAD, are not included

The square corners(of 4 currencies) = 6 pairs (4 legs and 2 diagonals)
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,970
  • Apr 13, 2022 9:08am Apr 13, 2022 9:08am
Square: 4 legs(corners) and 2 diagonals
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The only one qualified to explain this on our planet is ME
to get 100% full hedge, you have to set this pairs lots correctly with correct direction

f
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,971
  • Apr 13, 2022 9:11am Apr 13, 2022 9:11am
other polygons:

Now if you generalize it for 5 currencies??
10 pairs(1+2+3+4)

for 6 currenceis:
15 pairs(1+2+3+4+5)

for 7 currensies:
21 pairs(1+2+3+4+5+6)


for 8 currencies:
28 pairs(1+2+3+4+5+6+7)


for 3 currencies:
3 pairs(1+2)

for 2 currencies:
1 pairs(1)
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,972
  • Apr 13, 2022 11:14am Apr 13, 2022 11:14am
Quoting Macd-rsi
your net lots around 0.003 lots {quote} to simplify lesson: assuming start lot is 1 for EURUSD: Then lots of EURCAD must be USDCAD PRICE = 1.2600 LOTS and for USDJPY and CADJPY their lots must be normalized price of USDJPY = 1.25666 lots (USDJPY now is 125.666) do not forget USDCAD, USDJPY are changing, but has less error calc. it will be added to MAHAL if your entries were two months ago, what s the result now? do not forget the square is not complete, for eample: EURJPY, USDCAD, are not included The square corners(of 4 currencies)...
My brain is burning " if your entries were two months ago, what s the result now?" I think PipValue will be the same, because it is related to the number of lots? (Net lots = (Pipvalue * (total lots/number of pairs)) assuming we enter on the same amount. P/L can differ because some pairs have different speed ??żżż

pV of CADJPY = 100/USDJPY = 0.7964 Sorry but I dont get this, if CADJPY = (1/USDCAD) * USDJPY why 100/USDJPY??

  • #11,973
  • Apr 13, 2022 11:17am Apr 13, 2022 11:17am
Quoting Macd-rsi
Square: 4 legs(corners) and 2 diagonals {image}The only one qualified to explain this on our planet is ME to get 100% full hedge, you have to set this pairs lots correctly with correct direction f
Is this holy??
  • #11,974
  • Apr 13, 2022 1:12pm Apr 13, 2022 1:12pm
Quote
P/L can differ because some pairs have different speed ??żżż
you start thinking in correct , manner
==============

regarding CADJPY, 100 because of digits difference, CADJPY has only 3 digits after decimal, then we substitute by 100, to be compared to the pairs with 5 digits like USDCAD, EURUSD, GBPAUD etc..
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,975
  • Apr 13, 2022 1:13pm Apr 13, 2022 1:13pm
CADJPY moves from 100.000 to 100.010 (1 pips)
Profit for 1 lot is 10 JPYs ?? or 1000 JPYSs?

quote currency = profit currency = JPY
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,976
  • Apr 13, 2022 1:46pm Apr 13, 2022 1:46pm
Quoting Macd-rsi
CADJPY moves from 100.000 to 100.010 (1 pips) Profit for 1 lot is 10 JPYs ?? or 1000 JPYSs? quote currency = profit currency = JPY
Profit for 1 lot is 1000 JPYs Thank you very much
  • #11,977
  • Edited 3:36pm Apr 13, 2022 3:24pm | Edited 3:36pm
Quoting phuclockbs
{quote} Dear Mucky, How is this account going on with this setting?
Hello phuclockbs,

sorry for delay

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I changed the setup slightly, because it is about testing account grow, not withdraw - so I changed lotsize in relation to equity
You may have noticed that the yen is weak these days as a result there is some DD :-)

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Mucky
  • #11,978
  • Apr 13, 2022 6:25pm Apr 13, 2022 6:25pm
aud emploement evemt:
my ready setting?
period 1 hour
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f
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,979
  • Apr 13, 2022 6:26pm Apr 13, 2022 6:26pm
Spread Limiter SPL is 10 pips,
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,980
  • Apr 13, 2022 6:30pm Apr 13, 2022 6:30pm
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