"Hoe ur pips mate?" fxcarllos
Close orders EA for hedging system 8 replies
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Swap Close, Swap Open ? 3 replies
Hedging System 10 replies
DislikedI have a question about the strategy itself. Now that the Swiss bank has become hawkish and will be raising rates. How will this effect the strategy?Ignored
I have a question for Neo, but since he no longer replies here (or to private messages) possibly somebody who understands this hedge could answer:
Why do we add to our position when we are 10% ahead? Aren't we in essence always "buying high" when our hedge grows by 10% or not?
Wouldn't it make more sense to add to the position when the equity is 10% behind instead?
Just trying to understand.
DislikedThanks to Mikejody i have an important question for Neo concerning EA strategy. Unfortunatly neo is not receiving pms right now, so i hope he came arround to answer my question.Ignored
DislikedWhen I read the first post of this thread 2 months back, I was not impressed, the system looked complicated and I did't bother to read often. But, looking at this now, I can see how much it has been developed, grown this long and I am going to give it a try now. Thanks neo and all for this great system.Ignored
Dislikedneo, thanks for returning. here are a couple of questions for you.
did you end up making the change to adjusting lotsize for the different pairs as was suggested by some people?
You have talked a few times about spreading the positions to mitagate against price changes. Do you have a minimum gap between trades? If so do you just apply this to to the GBPJPY, all the pairs, or just as long as one of the pairs is sufficiently different to a previous trade?
Do you have any other rules in this area worth considering?Ignored
Do the following:
- turn EA off.
- replace the 2Day v6 for this one (2Day v6b)
- Check inputs (order lots, trading time, account management, etc..) so they will be the same has the version you are replacing
No need to start new account, just replace with same settings.
I found a minor bug on the 1 pip take profit code. Its corrected now.
If settings are the same everything will be ok, but Check Them!!
i found a bug on yor EA,
this is a log on my IBFX account (mini).
DislikedPlease close MT4 and reopen it. Use only 2Day EA 6c and no other EAs on charts. See what happen. This is a strange event, that happened before, but my guess is something to do with IBFX itself. I´ll take a look anyway.
I have a feedback of several people using it on IBFX mini working fine, including myself.
Note: i use D1Ignored
DislikedA Big thanks to all participating in this thread, and a special thanks to Neo for starting it and Carllos for your enthusiastic input.
Neo i have a question?
The GBP/JPY has retreated over the last 2 days.
We placed 2 new sets which never reached the 100 pips to place the 1 pip stop and they have retraced beyond our entry.
How do you handel this situation ?
i´m glad to have you here. I´ve been doing my best to get an EA with your strategy in it, but this thread needs you around.
Since you are here, i´d like to ask you to please post 2Day EA 6c.mq4 on first post, so everyone knows where is last version. That would be cool.
You said EA enter the market blindly, that is not 100% correct. EA enter market when user choose. I build it so anyne can choose Day and Time for entering market. If anyone wants to wait for a retracement to enter, that is possible. It´s a very flexible EA. Lots, Rounds, Day, Time, position, to enter market is all configurable. It´s almost a suiss knife for carry trade (only 4 pairs allowed now).
Other thing i wanted to ask you. I was looking at your post (after a PM from mikejodi)
There is something there that it´s not very clear. The 10% profit to open a new trade is clear, but youalso say.. open new "1/10th of your position and take 10 days to enter them all". So.. now i´m just not sure what to do when we have profits in the same day, after opening a position.
Basicly, i set a new position every 10 days and position size is configurable. but EA isn´t build to enter a new position after some profit. My point is, should we forget the 10 days and enter market for new positions after some profit, or keep the 10 days for spreding risk? I guess there is something here that need to be cleared.
Thank you for your help neoIgnored
DislikedJust keep on entering the trades, as far as your new entry is concerned, your hedged 3 pairs should be absorbing most of the movement, just be patient and let the EA do its job.
Version 6c doesn't seem to be opening any trades no alerts on the experts journal so it looks like it fell asleep. Using IBFXIgnored