Zeusjoes Market-Neutral Hedge Strategy | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

FX Market Neutral Systems 5 replies

Market Neutral Corner 37 replies

interest hedge strategy - futures and forex 23 replies

Hedge strategy (not a hedge fund) 13 replies

Is this CNY futures hedge trading strategy possible? 6 replies

Attachments: Zeusjoes Market-Neutral Hedge Strategy
Exit Attachments

Zeusjoes Market-Neutral Hedge Strategy

  • #241
  • Jul 10, 2008 8:12am Jul 10, 2008 8:12am
Position is now showing a tiny profit ( i was up 890$ but was short 2mios euro and 3mios usd/chf) after entry i was down 1700$ because of the spread so th erecovery is good .
Usually i never cut before a 2K profit.

As for the question on what happen if we close the day without having see a return to zero there are several possibilities.

1) I consider the profit to be acceptable i take it if i am long i keep th eposition to get the roll.
2) i keep the position and tomorrow when starting at zero i add mentaly the today moove in % 5 not sure to be clear lol)
if we finish at +0,10% then we started at 0 i consider we startied at +0,10 because yesterday price are so closed that they remain actual
  • #242
  • Jul 10, 2008 8:37am Jul 10, 2008 8:37am
@mrkam

could you please tell me what versions and indicators are you using now?

if posssible show a picture with your last trade. I still with a chart using the oscv2 and your original overlay.


it would be very usefull for me.
thanks in advance and sorry for my bad english.
  • #243
  • Jul 10, 2008 8:49am Jul 10, 2008 8:49am
Quoting spieler
As for the question on what happen if we close the day without having see a return to zero there are several possibilities.

1) ...
2) i keep the position and tomorrow when starting at zero i add mentaly the today moove in % 5 not sure to be clear lol)
if we finish at +0,10% then we started at 0 i consider we started at +0,10 because yesterday price are so closed that they remain actual
OK, thanks.
Now I found a dynamic solution for your nice hedge system. Because sometimes we must considere "virtual" values and not the current calculated values, then we don't need to use the daily closes as reference point.

The general dynamic solution is to take as reference points the points where the MACD change the slope!
If someone is interested for this idea, I can develope later an EA.
  • #244
  • Jul 10, 2008 8:53am Jul 10, 2008 8:53am
Quoting SwingMan
OK, thanks.
Now I found a dynamic solution for your nice hedge system. Because sometimes we must considere "virtual" values and not the current calculated values, then we don't need to use the daily closes as reference point.

The general dynamic solution is to take as reference points the points where the MACD change the slope!
If someone is interested for this idea, I can develope later an EA.
Please do, I will test it!
I don't say
  • #245
  • Jul 10, 2008 10:11am Jul 10, 2008 10:11am
i JUST close the trades with few pips profit... tomorrow I will try to get into around 25% at least.
  • #246
  • Jul 10, 2008 10:54am Jul 10, 2008 10:54am
Quoting dragosd1
I'm sorry, but even this version v6 is closing orders with negative total. Ex. -85/+50 just closed 5 mins ago....so something is still wrong.
Maybe it will be an ideea to make calculations in USD profit, not in pips...
And I don't know why in the comments appears "magic comment" and "Order comment", witch is from another position?!?
Ex. sell EURUSD/USDCHF, comment Hedge EUF, and another hedge EURUSD/GBPUSD, comment EUG, then appears on chart "magic comment Hedge EUF, but "order comment" EUG or other....
Insteed the values of +/- pips is accurate for the specific order, but still don't understand why it close them negative
Yes you are right. I think it has to do with the lotsize, so it would be better to choose for a Cash amount as profit target. I have changed this.

The Order Comment can be found when you choose for Trading -> Order.
In this popup you manually set your trade order and in the Comment field you fill in your unique Comment. Both hedge trades must have the same Comment. If you then use the EA you must put this same name in the MagicComment. These names must be exactly the same to make the EA work properly.
Attached File(s)
File Type: mq4 #PH#HedgeAndTP#07.mq4   4 KB | 746 downloads
  • #247
  • Edited 4:44pm Jul 10, 2008 12:37pm | Edited 4:44pm
Quoting fewhills
Yes you are right. I think it has to do with the lotsize, so it would be better to choose for a Cash amount as profit target. I have changed this.

The Order Comment can be found when you choose for Trading -> Order.
In this popup you manually set your trade order and in the Comment field you fill in your unique Comment. Both hedge trades must have the same Comment. If you then use the EA you must put this same name in the MagicComment. These names must be exactly the same to make the EA work properly.
I understand that, and it was exactly like this
I will test this version too

PS

Ok, tested, despite everything is ok, it closes only one position, not both.
And seems to have no error message in logs....
I don't say
  • #248
  • Jul 10, 2008 5:10pm Jul 10, 2008 5:10pm
Hi All,

Been admiring this system. Just brought up the new EA and I'm already taking first short positions (in demo). Thanks a lot for the excellent system Spieler and EA SwingMan. I will try to contribute where I can, by posting forward test results, when I'm not working at least.

Thanks again..

bigp
  • #249
  • Jul 10, 2008 6:49pm Jul 10, 2008 6:49pm
Quoting SwingMan
Yes, in program I taked as LotsRatio the price ratio at the order time, and this is now 1.53, but I think this isn't enough, we must take alse the volatility (ATR) in consideration, and I'm waiting on an answer from Spieler.

For you(!) I post the release v2.1 with default input of the LotsRatio=1.5, and you can change it.


Later make I maybe an indicator, but I think it is enough to draw two horizontal lines at yesterday close +- 0.25% (or */ 1.0025).
.
SwingMan,

I have been running this EA since you posted it, but it has not taken any trades. Has anyone else been trading this EA? Has it taken any trades for you? I am running it on a IBFX demo...

Bruce
  • #250
  • Jul 10, 2008 6:55pm Jul 10, 2008 6:55pm
Quoting brucech
SwingMan,

I have been running this EA since you posted it, but it has not taken any trades. Has anyone else been trading this EA? Has it taken any trades for you? I am running it on a IBFX demo...

Bruce
SwingMan posted that it wouldn't take trades. He said he would try to fix it, today.
  • #251
  • Jul 10, 2008 6:58pm Jul 10, 2008 6:58pm
I tried to program the automatic order, and hope that your accounts not go bankrupt...

- the automatic is for begin disabled, you can activate.
- you can give a profit target and a stop loss in pips.
- alert option for signals
- you can give a SymbolSuffix "m" for brokers with EURUSDm,USDCHFm,EURUSDm
- I have drawn the first two trading levels
- you can give manual market orders and close automatic, but you must take into account that in this instance also order from other systems will be closed.
.
Attached Image
Attached File(s)
File Type: ex4 SpielersHedge EA_v2.2.ex4   21 KB | 1,415 downloads
  • #252
  • Jul 10, 2008 7:11pm Jul 10, 2008 7:11pm
Quoting SwingMan
I tried to program the automatic order, and hope that your accounts not go bankrupt...

- the automatic is for begin disabled, you can activate.
- you can give a profit target and a stop loss in pips.
- alert option for signals
- you can give a SymbolSuffix "m" for brokers with EURUSDm,USDCHFm,EURUSDm
- I have drawn the first two trading levels
- you can give manual market orders and close automatic, but you must take into account that in this instance also order from other systems will be closed.
.
Thank you.

Do you have to set a SL and TP? Is there a default method of exiting?

Thanks again.
  • #253
  • Jul 10, 2008 7:30pm Jul 10, 2008 7:30pm
Quoting SwingMan
I tried to program the automatic order, and hope that your accounts not go bankrupt...

- the automatic is for begin disabled, you can activate.
- you can give a profit target and a stop loss in pips.
- alert option for signals
- you can give a SymbolSuffix "m" for brokers with EURUSDm,USDCHFm,EURUSDm
- I have drawn the first two trading levels
- you can give manual market orders and close automatic, but you must take into account that in this instance also order from other systems will be closed.
.

Thankyou very much for your EAs. I love seeing them improve upon eachother. One question though. Why do you have it set to only be used in demo accounts? I wouldn't mind using them live with a micro account.
  • #254
  • Jul 10, 2008 7:36pm Jul 10, 2008 7:36pm
Quoting billbss
Do you have to set a SL and TP? Is there a default method of exiting?
I have no idea only because I am the programmer and not system autor. The SL and TP must you and other members to test whether they are needed or not. Spieler says that we do not need StopLosses.
  • #255
  • Jul 10, 2008 9:22pm Jul 10, 2008 9:22pm
It seems that market wants to decorrelate up again this morning,looks like we will have to put a second lot if it continious this way.
Not a problem with 2 lots rewards are better
The lower yesdterday was +0,10% the position was winning but then it went up again.
  • #256
  • Jul 10, 2008 10:50pm Jul 10, 2008 10:50pm
Quoting dragosd1
I understand that, and it was exactly like this
I will test this version too

PS

Ok, tested, despite everything is ok, it closes only one position, not both.
And seems to have no error message in logs....
Dragosd1, the position that closed, was this the position with a positive result and the second not? If the first one was positive and second is less than the total reached, it could happen that the second doesn't get closed. With the new version both positions should be closed now.
I hope that this will finally be the right one. Thank you for your patience and helping with the test.
Attached File(s)
File Type: mq4 #PH#HedgeAndTP#08.mq4   5 KB | 887 downloads
  • #257
  • Jul 11, 2008 12:37am Jul 11, 2008 12:37am
Quoting spieler
It seems that market wants to decorrelate up again this morning,looks like we will have to put a second lot if it continious this way.
Not a problem with 2 lots rewards are better
The lower yesdterday was +0,10% the position was winning but then it went up again.
True, and until when we do this?
Comparing to yesterday open, the market is now at +0.32%.....
I don't say
  • #258
  • Jul 11, 2008 12:40am Jul 11, 2008 12:40am
Quoting fewhills
Dragosd1, the position that closed, was this the position with a positive result and the second not? If the first one was positive and second is less than the total reached, it could happen that the second doesn't get closed. With the new version both positions should be closed now.
I hope that this will finally be the right one. Thank you for your patience and helping with the test.
In fact it was one at +50 and the other at +10. It closes the +50 position.
And they stay at +60 (both) at least 2 minutes. Could you make it react faster?
I will test the new one....
I don't say
  • #259
  • Jul 11, 2008 1:09am Jul 11, 2008 1:09am
"True, and until when we do this?
Comparing to yesterday open, the market is now at +0.32%....."

Whathever the system patience is everything.........

I am waiting now +0,20 for today will be 0,45 from my yesterday entry point.

Some weeks you have 2/3 trades per day others 1 or 2 per week.

You will be surprised how fast it can goes backward sometimes a couple of minutes is enough.
W'll see
  • #260
  • Jul 11, 2008 1:17am Jul 11, 2008 1:17am
An indicator to see the historical divergences.
The divergence is calculated for highs and lows related to the close of yesterday.

Dear Spieler, I repeat my request if you will to open a new thread for their system. I believe that now no one here know whether we discussed and post indicators for the NeutralHedge or for the SpielersHedge.
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf_hedge.gif Size: 18 KB
Attached File(s)
File Type: ex4 SpielersHedge Divergence_v1.ex4   4 KB | 2,682 downloads
0 traders viewing now