Super Carry Trade Trading System | Page 9 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Carry trade vs carry trader 3 replies

Super Carry Trading Strategy - Expert Advisor 22 replies

long term carry trade system? 3 replies

Gamblers carry trade system 5 replies

Attachments: Super Carry Trade Trading System
Exit Attachments

Super Carry Trade Trading System

  • #161
  • Feb 25, 2008 8:07am Feb 25, 2008 8:07am
Quoting hayseed
...possibly in the way i'm counting the orders........

Hayseed,

I'm not an expert programmer by any means but I was having trouble on my EAs with closing all orders until I made the for-loop count down instead of up...something like this...

for(Counter = OrdersTotal()-1; Counter >= 0; Counter--)

It's worth a look, I guess.

Glen
  • #162
  • Feb 25, 2008 9:34am Feb 25, 2008 9:34am
Hayseed,

Had ea up and running. I manually closed all positions then reloaded. It won't open any positions. I even deleted ea and reloaded from scratch but it won't open anything. As far as open orders can ea be programmed to open a new order as soon as one is entered? Say open 10 orders at 10 pip intervals and as lowest order is entered open a new order 100 pips out?

Thanks
Mombone
  • #163
  • Feb 25, 2008 9:41am Feb 25, 2008 9:41am
hey glen ...... thanks..... the code i'm using is below.... it works on every other ea i've written, but for some reason a few slip thru here.....

it possibly could be a magicnumber issue so thinkin about takin out all references to magicnumber today......h

//----------------------------------------------------------------

void CloseLongs(int MagicNumber)
{
int i = OrdersTotal();

while( CountLongs(MagicNumber) != 0 && i >= 0 )
{
OrderSelect(i,SELECT_BY_POS,MODE_TRADES);

if( OrderSymbol() != Symbol() || OrderMagicNumber() != MagicNumber )
{
i--;
continue;
}
else if(OrderType()==OP_BUY)
{
OrderCloseReliable(OrderTicket(),OrderLots(),Bid,Slippage,ExitLongColor);
i--;
}
}
}



//----------------------------------------------------------------
to trade and code, keep both simple... no call to impress....h
  • #164
  • Feb 25, 2008 9:42am Feb 25, 2008 9:42am
In reference to dreamliners original rules for placing 10 pip profit positions in the direction of the positive swap; has anyone experimented with placing ten pip profit positions in the line of retracements? ie, if I am long GBP/YEN and willing to place another long trade after it has retraced 200 pips it would seem like an opportunity to take some pips on the downside as well as the upside. Since the retrace profit positions would be swaps negative, perhaps using a smaller unit size (less than the %NAV) would be in order. You might also have to use two different brokers since some do not allow you to go long and short on the same pair at the same time. This set up would look very much like an extended straddle/strangle such as we use in options trading.

Just wondering if anyone had given this concept any thought/test.

DrZ
  • #165
  • Feb 25, 2008 10:14am Feb 25, 2008 10:14am
Hayseed, I'm not going to pretend I know why, but based upon Mombone's post I'm thinking that the issue COULD have something to do with using a WHILE loop instead of a FOR loop. As I said, I don't know WHY that would make a difference here, but it is another way to approach doing this. So, you'd query to find the number of open longs with your magic number, and then run that number through a FOR loop. The really SILLY thing is, I can SEE how using a FOR loop might leave some orders open. So, I would generally agree that WHILE seems the more logical approach. Still... as I learned from someone long ago, if you've tried EVERYTHING to fix your problem, and it still ain't fixed ... check your assumptions. I assume WHILE is the way to go, and you still get problems ... so there is some chance, that is wrong. Again, don't ask me why ... cause I don't know.

Quoting hayseed
hey glen ...... thanks..... the code i'm using is below.... it works on every other ea i've written, but for some reason a few slip thru here.....

it possibly could be a magicnumber issue so thinkin about takin out all references to magicnumber today......h

//----------------------------------------------------------------

void CloseLongs(int MagicNumber)
{
int i = OrdersTotal();

while( CountLongs(MagicNumber) != 0 && i >= 0 )
{
OrderSelect(i,SELECT_BY_POS,MODE_TRADES);

if( OrderSymbol() != Symbol() || OrderMagicNumber() != MagicNumber )
{
i--;
continue;
}
else if(OrderType()==OP_BUY)
{
OrderCloseReliable(OrderTicket(),OrderLots(),Bid,Slippage,ExitLongColor);
i--;
}
}
}



//----------------------------------------------------------------
  • #166
  • Feb 25, 2008 11:42am Feb 25, 2008 11:42am
hey mombone.... that ea was timefreedoms first which did not place any trades until the selected hour rolled around..... you can set the hour to next available hour to check.... will check here also.....

i chose that "first" ea over the second one out of caution..... had i used the second ea, which placed trades immediately, my fear was someone would place it in a live account..... upon attachment it would place all the trades with no stoploss or profittarget..... they might not realize the trades were placed..... which could be disastrous......

if i follow your "new order" idea, that would be just extending the grid on up..... dreamliner had mentioned running the grid up higher.... i programed it where we can set the grid height just by selecting the number wanted.... so selecting 10 would be 10 buystops, 20 would be 20 and so on.... in obvious up trends it helps..... but you will also have a ton of orders that never get filled if you don't push out the expiration 5 days......

one other thing about buystops...... they are vunerable too gap ups and excessive spreads..... so if we have alot of buystops close to the market price, a couple second increase in spreads so often seen at news events can inflict alot of damage.....

at this point there is no protection for excessive spreads...... we might need to include some......h
to trade and code, keep both simple... no call to impress....h
  • #167
  • Feb 25, 2008 12:03pm Feb 25, 2008 12:03pm
hey mombone..... check your settings and hour to open..... it just placed all orders here as expected.....h
to trade and code, keep both simple... no call to impress....h
  • #168
  • Feb 25, 2008 12:20pm Feb 25, 2008 12:20pm
Quoting hayseed
hey mombone..... check your settings and hour to open..... it just placed all orders here as expected.....h
Changed time to current time and it opened trades. I opened several times yesterdayand it opened traders right away. Also both time yesterday and just now it opens 2 trades close to each other. Yesterday both were 1 pip and just now 2 pips. One trade says "demo only no live trading" and other says "demo only no live trading-GBPJP.

Thanks
Mombone
  • #169
  • Feb 25, 2008 3:30pm Feb 25, 2008 3:30pm
hey mombone..... not sure of the reason.... just placed it on three pairs and at 3 oclock, all three opened 1 trade each and placed the grid buystops....

you mentioned the other day about deleting the orders..... did you by chance try the "CloseAllOrdersNow" setting in the inputs..... for some reason it is not working for me..... does it work for you.....

i went ahead and rewrote it , void CloseorDeleteEverthing(), to include both closing open trades and deleting any pending trades...... that might come in handy if we had 50 pending orders ..... it will step thru them and delete 1 about every couple seconds.....h
to trade and code, keep both simple... no call to impress....h
  • #170
  • Feb 25, 2008 5:24pm Feb 25, 2008 5:24pm
Dreamliner,

I'm trading your original rules (post #1) on OANDA. I posted a question a few posts back (you may not have seen it). I'm curious how often you check your trades, once a day at a specific time, or many times a day as your schedule allows, etc?... My work schedule changes every day.

One of the beauties of this system is that I don't think it really matters what time of day you check or if it's the same time everyday. Just wondering how you have been doing things.

Thanks,

Glen
  • #171
  • Feb 25, 2008 5:31pm Feb 25, 2008 5:31pm
Hi gnllr,

No, sorry I did not see your question, I think I may have missed some back a few pages ago.

What do you fly? I'm a B-737 Captain out of Cleveland.

Anyway, it matters very little what time of day you check this system. I actually do check it twice a day, once in the morning and once at night, that's all.

Quoting gnllr
Dreamliner,

I'm trading your original rules (post #1) on OANDA. I posted a question a few posts back (you may not have seen it). I'm curious how often you check your trades, once a day at a specific time, or many times a day as your schedule allows, etc?... My work schedule changes every day.

One of the beauties of this system is that I don't think it really matters what time of day you check or if it's the same time everyday. Just wondering how you have been doing things.

Thanks,

Glen
  • #172
  • Feb 25, 2008 5:41pm Feb 25, 2008 5:41pm
Hey Dreamliner,

What airline and does your routes take you around Kansas City? I'm a controller at Kansas City Center. My area covers MCI and the high sector covers MCI and SLN. My operating intials are PQ. Say hi sometime.

Mombone
  • #173
  • Feb 25, 2008 5:44pm Feb 25, 2008 5:44pm
Quoting Mombone
Hey Dreamliner,

What airline and does your routes take you around Kansas City? I'm a controller at Kansas City Center. My area covers MCI and the high sector covers MCI and SLN. My operating intials are PQ. Say hi sometime.

Mombone
Hey PQ, that's great to hear. I'm with Continental, 25 years now. Most of the time we fly over, not to MCI, but I'll try to remember to say hello.
  • #174
  • Feb 25, 2008 5:52pm Feb 25, 2008 5:52pm
Thanks Dreamliner,

No worries! I'd like to get a smartphone to be able to check it on the road more quickly than with my laptop.

I'm a captain on the Embraer 170 out of Atlanta with Shuttle America (Delta Connection). Let's see...Cleveland, you must be with Continental?

Glen



Quoting Dreamliner
Hi gnllr,

No, sorry I did not see your question, I think I may have missed some back a few pages ago.

What do you fly? I'm a B-737 Captain out of Cleveland.

Anyway, it matters very little what time of day you check this system. I actually do check it twice a day, once in the morning and once at night, that's all.
  • #175
  • Feb 25, 2008 5:55pm Feb 25, 2008 5:55pm
Quoting gnllr
Thanks Dreamliner,

No worries! I'd like to get a smartphone to be able to check it on the road more quickly than with my laptop.

I'm a captain on the Embraer 170 out of Atlanta with Shuttle America (Delta Connection). Let's see...Cleveland, you must be with Continental?

Glen
Hey Glen, good to hear from you. Yes, with Continental.

You know what I use is the Verizon USB Internet card and that way can connect whenever and wherever.
  • #176
  • Feb 25, 2008 5:55pm Feb 25, 2008 5:55pm
Likewise PQ!

Glen


Quoting Mombone
Hey Dreamliner,

What airline and does your routes take you around Kansas City? I'm a controller at Kansas City Center. My area covers MCI and the high sector covers MCI and SLN. My operating intials are PQ. Say hi sometime.

Mombone
  • #177
  • Feb 25, 2008 5:56pm Feb 25, 2008 5:56pm
Thanks, I've seen that Verizon card before. I'll have to look it up.


Quoting Dreamliner
Hey Glen, good to hear from you. Yes, with Continental.

You know what I use is the Verizon USB Internet card and that way can connect whenever and wherever.
  • #178
  • Feb 25, 2008 6:09pm Feb 25, 2008 6:09pm
version is one of the best deals out there..... 60 bucks a month and you get unlimited usage.... most large cites it will be broadband access(rev a) but it can also be used as a standard dialup in many rural areas.... though quite abit slower of course..... and of course coverage needs to be checked first......

the card is free, or at least was for me...... h
to trade and code, keep both simple... no call to impress....h
  • #179
  • Feb 25, 2008 6:13pm Feb 25, 2008 6:13pm
I'm with Sprint at this time and I believe they may something similar, though Verizon offers much better service and coverage.

Quoting hayseed
version is one of the best deals out there..... 60 bucks a month and you get unlimited usage.... most large cites it will be broadband access(rev a) but it can also be used as a standard dialup in many rural areas.... though quite abit slower of course..... and of course coverage needs to be checked first......

the card is free, or at least was for me...... h
  • #180
  • Feb 25, 2008 9:15pm Feb 25, 2008 9:15pm
i did almost the same strategy in NzdJpy.
attached some tool that i use
I entered everyday at 00 GMT.
I always modify the buy_stop script everyday
and calculated my lot with the excel calculator
i did ok with this system; nothing fancy but for sure i can depend on it every month.
Attached File(s)
File Type: mq4 buy_stop.mq4   1 KB | 574 downloads
File Type: mq4 Close all open and pending orders.mq4   < 1 KB | 554 downloads
File Type: mq4 Close all pending orders.mq4   1 KB | 519 downloads
File Type: xls new calculator for carry trade nzdjpy.xls   14 KB | 678 downloads
0 traders viewing now