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Attachments: Safe Hedging System - Daily Swap
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Safe Hedging System - Daily Swap

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It sounds like people are getting the settings wrong between each of the EAs. If one just saves the setting and then reloads them for each chart, they will be assured of having them all the same.
  • Post #422
  • Quote
  • Edited at 2:18pm Jun 26, 2007 2:07pm | Edited at 2:18pm
Quoting Carllos
There is something wrong with your settings. EA is placing trades correctly on all my testing accounts including ibfx mini. Make sure you have the SAME settings on all pairs. Please post your settings.
Glad it is working for you now I have some hope!
Here is my set file its OOTB

Tks
Attached File
File Type: zip setfile6c.zip   < 1 KB | 442 downloads
the EA closed 4 trades but unfortunately the 4 trade was not in profit

If i remember well something like -68,-73,+80,-+n/s adding the swap was something like +7$

Keeping the trade open would have keep the hedge running
  • Post #424
  • Quote
  • Edited at 7:19pm Jun 26, 2007 7:05pm | Edited at 7:19pm
Quoting berdj
Glad it is working for you now I have some hope!
Here is my set file its OOTB

Tks
What is the balance on your ibfx mini account ?
Please see this link.
http://www.metaquotes.net/forum/1648/

This seems to be some kind of a bug from metatrader and has nothing to do with 2Day EA. Please use last version and check if your account balance is not above ibfx minimum account balance allowed.

If it still, please open a new demo account.

try it.
"Hoe ur pips mate?" fxcarllos
Quoting Carllos
What is the balance on your ibfx mini account ?
Please see this link.
http://www.metaquotes.net/forum/1648/

This seems to be some kind of a bug from metatrader and has nothing to do with 2Day EA. Please use last version and check if your account balance is not above ibfx minimum account balance allowed.

If it still, please open a new demo account.

try it.
Seems it works after I turned money management off any reason why?
Hello Carllos,

Thanks to neo and yourself for bringing this thread up to this point..

Anyway ive been trying to test it for the past few days, nothing seems to be happening, as in the trade is not taking place... Parameters seems to be alright, not sure on what im not doing right..

Im putting in the trade time according to market watch and the starting trading days the night after..

Possible of having that manual up carllos? would help everyone in the long run..
Quoting rubaneswaran
Hello Carllos,

Thanks to neo and yourself for bringing this thread up to this point..

Anyway ive been trying to test it for the past few days, nothing seems to be happening, as in the trade is not taking place... Parameters seems to be alright, not sure on what im not doing right..

Im putting in the trade time according to market watch and the starting trading days the night after..

Possible of having that manual up carllos? would help everyone in the long run..
Please post your settings.
I got some pms with a situation like that, and it turned out to be that EA settings had a lot size too small for some brokers. Let me give you an example: broker A only allow minimum 0.1 lot and setting uses 0.01 lot, or broker B only allow minimum 0.01 lot if account is mini ($1000) and account created is normal (account balance 100k.
Those are situations where orders would not open.
Usualy when orders donīt go throw is due to lot size vs account balance.
Dont forget to place same setting on all the pairs.
"Hoe ur pips mate?" fxcarllos
Ok, everyone should watch this. EA placed Round 0,1,2. Regular lots: 1, 0.1,0.1. GBPJPY retracement (expected since RSI was topping out) turn my 10k account int a $3500 account.
All trades were closed by broker (margin call).
Attached File
File Type: zip detailedStatement.zip   7 KB | 509 downloads
"Hoe ur pips mate?" fxcarllos
Quoting berdj
Seems it works after I turned money management off any reason why?
Seems to make some sense.
Now i have to work around an MT4 bug, Great!!
I think there is a way to solve it. Anyway, itīs not 2Day EA bug. I have money management turned ON as you can see and there is nothing worng with it. Works fine.
Iīll work on it. Got to get my MIB special bug terminator gun
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 2706.jpg Size: 78 KB
"Hoe ur pips mate?" fxcarllos
I just watched my earlier statement and the EA closed automaticaly not only 4*.1 position in loss but also 4*1 position in loss as well (not covered by the swap )

I think the strategy is good but one should not sell the GBPYEN with 1pip profit...
I want to thank Neo for sharing this system. I think everyone here is doing a great job, but for the life of me i cannot see the need for an EA with such a simple to follow method. If it ain't broke, don't fix it. To me manual trading is always far better than an EA. EA's always seem to be nothing but a problem. Just my 2 cents. Thanks again Neo!
Well said drayco, some strategies sure need EA. This is a simple and straightforward method, I like to trade this manually, that's why I asked neo if he is using the EA in live trading. Carllos did a great job here, but manual entries, exits, management seems easier to me, unless anyone can prove otherwise.

Quoting drayco
I want to thank Neo for sharing this system. I think everyone here is doing a great job, but for the life of me i cannot see the need for an EA with such a simple to follow method. If it ain't broke, don't fix it. To me manual trading is always far better than an EA. EA's always seem to be nothing but a problem. Just my 2 cents. Thanks again Neo!
  • Post #433
  • Quote
  • Edited at 5:54pm Jun 27, 2007 1:12pm | Edited at 5:54pm
Quoting MegaPips
Well said drayco, some strategies sure need EA. This is a simple and straightforward method, I like to trade this manually, that's why I asked neo if he is using the EA in live trading. Carllos did a great job here, but manual entries, exits, management seems easier to me, unless anyone can prove otherwise.
The only problem is when your away from your computer and things start moving and you canīt do a thing. Not everyone has a computer arround 24h/day.. If itīs not that, no one needs an EA.
"Hoe ur pips mate?" fxcarllos
I agree Carllos, EA avoids emotional side of trading as well. Keep up your good job, really appreciated.

Quoting Carllos
The only problem is when your away from your computer and things start moving and you canīt do a thing. Not everyone has a computer arround 24h/day.. If itīs not that, no one needs and EA.
well my forward testing so far has not shown a lot of resilience against a GBYJPY downturn.

Quoting Carllos
Ok, everyone should watch this. EA placed Round 0,1,2. Regular lots: 1, 0.1,0.1. GBPJPY retracement (expected since RSI was topping out) turn my 10k account int a $3500 account.
All trades were closed by broker (margin call).
TRADE FOR SWAP
Carllos
I have been looking at this idea tell me what you think.
I read about this hedge which yields positive spread, only need gbp/usd and usd/chf and since when one goes up the other goes down it sounds like a nice simple strategy. Also if you would program a take profit at 20pips or adjustable either way it would be then automatic as it got in and out of correlation .
Then I would place 30min waiting period to open new orders .
The example should be buy .1 gbp/usd and .14 usd/chf
I am now doing it manually but it is difficult since they move quickly sometimes.
Is this doable?
Berdj
Quoting berdj
Carllos
I have been looking at this idea tell me what you think.
I read about this hedge which yields positive spread, only need gbp/usd and usd/chf and since when one goes up the other goes down it sounds like a nice simple strategy. Also if you would program a take profit at 20pips or adjustable either way it would be then automatic as it got in and out of correlation .
Then I would place 30min waiting period to open new orders .
The example should be buy .1 gbp/usd and .14 usd/chf
I am now doing it manually but it is difficult since they move quickly sometimes.
Is this doable?
Berdj
It is, but it would have to be a different EA. Lets hear what Neo has to say.
Anyway, i can place more options on 2Day EA that would fulfill the needs of this strategy, but it might be even more confusing then what it is now for newbies.
Lets hear from neo.
"Hoe ur pips mate?" fxcarllos
Quoting Carllos
It is, but it would have to be a different EA. Lets hear what Neo has to say.
Anyway, i can place more options on 2Day EA that would fulfill the needs of this strategy, but it might be even more confusing then what it is now for newbies.
Lets hear from neo.
I know that this is an amazing strategy since the correlation goes in and out all the time and at the right time when there is profit we would capitalize on it. If putting it with the 2 day is too complicated then we should start a new thread. Doesn't need to be complicated but I have some ideas how this would be amazing.
Thanks for your help on this
Berdj
Quoting Carllos
Please post your settings.
I got some pms with a situation like that, and it turned out to be that EA settings had a lot size too small for some brokers. Let me give you an example: broker A only allow minimum 0.1 lot and setting uses 0.01 lot, or broker B only allow minimum 0.01 lot if account is mini ($1000) and account created is normal (account balance 100k.
Those are situations where orders would not open.
Usualy when orders donīt go throw is due to lot size vs account balance.
Dont forget to place same setting on all the pairs.

Ok,
I am using IBFX for demo and currently the testing is created on 100K a account. So how do i fix this? Change the InitialMoney to 100k and lot size? I am also running another EA on a different chart, will this affect the hedging system? Magic number is being used in my earlier EA.

Thanks!
couple of ideas for a modified EA:

1. put a 100 pip trailing stop on GBPJPY that kicks in after 100 in profit.
2. Enter new rounds when GBPJPY is rising out of a lower BB (or crosses the middle line), say on H4 chart.

I've attached an old EA which has this BB function in the code. the EA hedges guppy with CHFJPY. Maybe you can find something useful in it Carllos?

Quoting Carllos
It is, but it would have to be a different EA. Lets hear what Neo has to say.
Anyway, i can place more options on 2Day EA that would fulfill the needs of this strategy, but it might be even more confusing then what it is now for newbies.
Lets hear from neo.
Attached File
File Type: mq4 HedgeEA_v5.9 LowerBB.mq4   20 KB | 707 downloads
TRADE FOR SWAP
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