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Hedge trading spieler system derived from futures spread trading

  • #161
  • Jul 14, 2008 11:53am Jul 14, 2008 11:53am
How about we all go with forexwoman's suggestion: backtest several months. Take all the trades exactly according to Speiler's rules (and his updates).

It's funny that Billbss and Daytrading both have strong opinions...and both believe they are right. Does it matter who is right?

All that matters to me is if i make money consistently at the end of the week,month, year.

IS it about who is right/who is wrong..how about we just test and figure out the long run positive expectancy then use practical application and make money.

This thread can be extremely powerful. Everyone back test a different month. Use the same entry/exit rules. Report your results in Excel and post them to the forum. I respect people's opinion, but truthfully people on this forum should be trying to add value. Speiler has added value... Swingman has added value...The one way I know we all can do that is by testing. I'm not so sure we all add value by posting our opinions. Post data.

Billbss, no disrespect here. I have followed your posts in a few threads and I think highly of your remarks. It's nothing personal, I just want to get somewhere, take steps forward. I'll be back testing January and February of this year. If you guys want to participate, awesome.

Graham
  • #162
  • Jul 14, 2008 11:57am Jul 14, 2008 11:57am
Quoting daytrading
Closing the trade at -0.12% on eur/chf

closed eur/usd long @ 1.5912 (+11)
closed usd/chf long @ 1.0174 (-1.6)

9.4 ticks before cost

regards
daytrading
I didn't have -0.20% on my platform. Can you please post your graphics?
I'm drawing my levels in increments of 0.25%.
Attached Image (click to enlarge)
Click to Enlarge Name: eur-chf.gif Size: 18 KB
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #163
  • Jul 14, 2008 11:59am Jul 14, 2008 11:59am
Quoting Cornelius
I didn't have -0.20% on my platform. Can you please post your graphics?
I'm drawing my levels in increments of 0.25%.
you are right, max travel so far is -0.10
Regards
  • #164
  • Jul 14, 2008 12:00pm Jul 14, 2008 12:00pm
how do I post a chart?
Enter Signature
  • #165
  • Jul 14, 2008 12:07pm Jul 14, 2008 12:07pm
...anyway guys, your percetages depend on the closing price on your platform.

ODL securities (which I use for charting as well as IBFX, Alpari and MIG), has a closing price of 1.6207 - which gives you a negative div. of 0.2% @ 1.6175 which was hit the 1st time @ 15:52 GMT.

regards
daytrading
Enter Signature
  • #166
  • Jul 14, 2008 12:08pm Jul 14, 2008 12:08pm
Quoting daytrading
how do I post a chart?
You are a 1KT trader and you don't know how to post a chart? Interesting...
Anyway, here's an example:

So, it's under the window we're typing. After you attach it, just close the attachment window.
Attached Image (click to enlarge)
Click to Enlarge Name: graphic_attachments.PNG Size: 112 KB
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #167
  • Jul 14, 2008 12:10pm Jul 14, 2008 12:10pm
Ok, now I have a -0.22% indication. So, long on E/U and U/CHF.
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #168
  • Jul 14, 2008 12:11pm Jul 14, 2008 12:11pm
Quoting Cornelius
You are a 1KT trader and you don't know how to post a chart? Interesting...
Anyway, here's an example:

So, it's under the window we're typing. After you attach it, just close the attachment window.
WTF has attaching a chart got to do with having completed over 10thousand trades in my career?

Stupid comment.......I don't spend much time on forums....I rather make money.
Enter Signature
  • #169
  • Jul 14, 2008 12:14pm Jul 14, 2008 12:14pm
here is the chart
Attached Image (click to enlarge)
Click to Enlarge Name: eurochf.gif Size: 30 KB
Enter Signature
  • #170
  • Jul 14, 2008 12:16pm Jul 14, 2008 12:16pm
Quoting daytrading
WTF has attaching a chart got to do with having completed over 10thousand trades in my career?

Stupid comment.......I don't spend much time on forums....I rather make money.
Take it easy! Lool! You don't have to be angry just for that! Better when you lose the money?
Look at the good part: now you know how to attach your files!
I think I deserve from the heart a sincerely "Thank you!"
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #171
  • Jul 14, 2008 12:17pm Jul 14, 2008 12:17pm
Quoting daytrading
here is the chart
Thank you!
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #172
  • Jul 14, 2008 12:19pm Jul 14, 2008 12:19pm
Lemme make sure I have this right. If the close of EURCHF was 1.6196 here are my calculations.

1.6196 * 0.2% = .0032

Long level 1: 1.6196 - .0032 = 1.6164
Long level 2: 1.6164 - .0032 = 1.6132

Short level 1: 1.6196 + .0032 = 1.6228
Short level 2: 1.6228 - .0032 = 1.6263
You are in a maze of twisty little passages, all alike.
  • #173
  • Jul 14, 2008 12:28pm Jul 14, 2008 12:28pm
July 13, 6:56 PM EST.

EURCHF: +20% divergence
Sell both pairs 1 lot EU. 1.5 lots on ECH

USDCHF: short @ 1.0185
EURUSD: short @ 1.5911

Closed positions at -23% July 14, 1:20 PM EST

USDCHF: 1.0155 +29.5 pips
EURUSD: 1.5926 -14.2 pips

Total + 15.3 pips (including spreads)
  • #174
  • Edited 12:39pm Jul 14, 2008 12:39pm | Edited 12:39pm
Quoting stevegee58
Lemme make sure I have this right. If the close of EURCHF was 1.6196 here are my calculations.

1.6196 * 0.2% = .0032

Long level 1: 1.6196 - .0032 = 1.6164
Long level 2: 1.6164 - .0032 = 1.6132

Short level 1: 1.6196 + .0032 = 1.6228
Short level 2: 1.6228 - .0032 = 1.6263
...as you can see, different charts, different closes.

AlpariUK close: 1.6194 (similar to yours)
ODL UK close: 1.6207 - 0.2% = 1.6175 (which generated a long earlier)

regards,
daytrading
Enter Signature
  • #175
  • Jul 14, 2008 12:50pm Jul 14, 2008 12:50pm
...according to Spieler, this should have been the execution:

eur/chf @ +0.2% this morning (1.6226) short eur/usd @ 1.5845 and short usd/chf @ 1.0245

carry the trade until div. goes from +0.2 (1.6226) to -0.2% (1.6162) and close eur/usd @ 1.5930 (-85) and usd/chf @ 1.0145 (+100 X 1.6 = 160)

(if you have big balls, reverse the trade from -0.2% - but too late in the day for me)

160 - 85 = 75 ticks before cost.

regards
daytrading
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurchfam.gif Size: 30 KB
Click to Enlarge Name: usdchfam.gif Size: 13 KB
Click to Enlarge Name: eurusdam.gif Size: 12 KB
Enter Signature
  • #176
  • Jul 14, 2008 2:05pm Jul 14, 2008 2:05pm
Quoting daytrading
...according to Spieler, this should have been the execution:

eur/chf @ +0.2% this morning (1.6226) short eur/usd @ 1.5845 and short usd/chf @ 1.0245

carry the trade until div. goes from +0.2 (1.6226) to -0.2% (1.6162) and close eur/usd @ 1.5930 (-85) and usd/chf @ 1.0145 (+100 X 1.6 = 160)

(if you have big balls, reverse the trade from -0.2% - but too late in the day for me)

160 - 85 = 75 ticks before cost.

regards
daytrading
Good enough for me!

I hope we're OK! I didn't want to offend you, I was only surprised, that was all!

A good trade is when I Break Even. A great trade is when I Take Profit.
  • #177
  • Jul 14, 2008 2:29pm Jul 14, 2008 2:29pm
@ SwingMan;

EA_v2.3 is opening two sets of trades/double entry instead of one?

TimeFreedom

Quoting SwingMan
1. - I modified the indicator "oClosePrices" posted bevore, because the pair names wasn't shown.

2. - Indicator "Delete_ActiveOrders2Pairs", to use if the EA generate hundred of orders, like version 2.2...!

3. - EA_v2.3

You can take the parameter "Number_LevelsToTrade " with the default value 1.
In this case are the trade results shown properly.
For more levels (2 or 3) is the EA yet unfinished.

If you take the entrys manual, I think with the input "Automatic_CloseOrders = true" you have a similar tool like bhales EA.

For buggs they must forgive, because I can test live the EAs also only next week.
.
  • #178
  • Jul 14, 2008 2:43pm Jul 14, 2008 2:43pm
Quoting TimeFreedom
@ SwingMan;

EA_v2.3 is opening two sets of trades/double entry instead of one?

TimeFreedom
Sory, it's a bug!
  • #179
  • Jul 14, 2008 2:47pm Jul 14, 2008 2:47pm
Quoting Cornelius
Good enough for me!

I hope we're OK! I didn't want to offend you, I was only surprised, that was all!

Cornelius,

No problem - I am very agressive in trading and talking....nothing personal.

regards
daytrading
Enter Signature
  • #180
  • Jul 14, 2008 3:36pm Jul 14, 2008 3:36pm
Thanks Spieler for sharing this system,

What leverage do you trade with this system, how many lots for a 100k account?
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