Hedge trading spieler system derived from futures spread trading | Page 16 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Volume for indices, tick and the exchange derived volume 4 replies

Are quotes for minor pairs real or just derived from majors? 0 replies

Oanda spread versus MB Trading spread 27 replies

HOW TO PLOT derived cross 0 replies

Derived Currency Strength Indicator from multiple pairs 0 replies

Attachments: Hedge trading spieler system derived from futures spread trading
Exit Attachments

Hedge trading spieler system derived from futures spread trading

  • #301
  • Jul 15, 2008 11:56am Jul 15, 2008 11:56am
Hi Spieler,

At what point to you say the trade is no good anymore? Or do you just keep buying/selling the hedge? In short, what is your uncle point.

Thanks,

Visual One
  • #302
  • Jul 15, 2008 11:58am Jul 15, 2008 11:58am
Spieler,

if you keep the position part of the position o/n, will you take today's percentages/divergence into account or will you calculate new?

regards
Enter Signature
  • #303
  • Jul 15, 2008 12:05pm Jul 15, 2008 12:05pm
A good trade is a winning one
by trade i mean 1 or a serie

Today we were in a serie of 3 positions before having a 0,25/0,35 pull back

i cut the last one with a profit to work the position because trend can continue to go down.

i think we will stay here for today.

Tommorow i will explain the new base of the day because if i explain everything in one day 90% of readers will be confused and that is nornal.
  • #304
  • Jul 15, 2008 12:14pm Jul 15, 2008 12:14pm
Quoting spieler
A good trade is a winning one
by trade i mean 1 or a serie

Today we were in a serie of 3 positions before having a 0,25/0,35 pull back

i cut the last one with a profit to work the position because trend can continue to go down.

i think we will stay here for today.

Tommorow i will explain the new base of the day because if i explain everything in one day 90% of readers will be confused and that is nornal.
ok, spieler....so what time GMT will you be watching from?

regards
Enter Signature
  • #305
  • Jul 15, 2008 12:18pm Jul 15, 2008 12:18pm
gmt
  • #306
  • Jul 15, 2008 12:24pm Jul 15, 2008 12:24pm
Quoting spieler
gmt
yes, I know....I live in the UK, so I start at 7GMT.....so I am just wondering at what time you will be watching 2GMT or earlier?

regards
Enter Signature
  • #307
  • Jul 15, 2008 2:41pm Jul 15, 2008 2:41pm
Spieler,

This is really a great strategy. That was a nice trade with it today. I am looking forward to learn everything I can about it, and I hope to see you here tomorrow.

Merci beaucoup pour tout.
  • #308
  • Jul 15, 2008 2:43pm Jul 15, 2008 2:43pm
Quoting Richard
Is there any chance that you could add an audiable alarm to the indicators that sounds everytime a set level is hit
Yes, in one of the next versions.
  • #309
  • Jul 15, 2008 2:58pm Jul 15, 2008 2:58pm
Dear Spieler,

Today was a wonderful day to show off risk control on this trade. Could you summarize your entries and exits and logic and where you stood profit-wise at the end of the whole deal?

Thanks,

Lenoxer
  • #310
  • Jul 15, 2008 3:02pm Jul 15, 2008 3:02pm
This is a nice method.

Here is a Script for MT4 to enter the hedge simultaneously, for each currency in the hedge. It will also automatically compute the Dollar Neutral size to a precision of x.xx lots, from the lots used for Currency1 (EURUSD) for Currency2 (USDCHF).

The input LongTrue_SellFalse is self explanitory, but if not, true means buy, false means sell.
Attached File(s)
File Type: mq4 Basket Order Spieler.mq4   2 KB | 1,041 downloads
  • #311
  • Jul 15, 2008 4:38pm Jul 15, 2008 4:38pm
Quoting SwingMan
Yes, in one of the next versions.
Fantastic SwingMan.if you can do that you will save me burning my retinas out watching the charts all day. Thanks again
  • #312
  • Jul 15, 2008 4:55pm Jul 15, 2008 4:55pm
Spinder-

Traded today as per you guidelines but something going badly wrong. Entered first position at -0.25,then another at -0.50 and again at -0.80. All positions short 1 lot EURUSD and short 1.5 lots USDCHF. Exited last position on regresion to -0.51 and still holding first 2 positions. Time now 23.53 CET and regresion towards back to 0 line is -0.07% but total is LOSS OF $1,160. Has been back to -0.01% but still big loss. What have I done wrong?
  • #313
  • Jul 15, 2008 4:57pm Jul 15, 2008 4:57pm
Sorry, typo error on last post- should say all positions Long not short.
  • #314
  • Jul 15, 2008 5:02pm Jul 15, 2008 5:02pm
Screenshot
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.gif Size: 50 KB
  • #315
  • Jul 15, 2008 5:14pm Jul 15, 2008 5:14pm
Ah... just managed to think it through and find the answer. Have reset SwingMan's indicator to calculate 2 days data and realised that we are at -0.66% not -0.07%. Panic over, sorry for my stupidty
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.gif Size: 49 KB
  • #316
  • Edited 6:39pm Jul 15, 2008 6:11pm | Edited 6:39pm
hi


So.....I had to have some sleep....and nothing seems to have changed much at all...

If I have it right.....as its a new day....we enter any additional positions as if starting from 0 again..
and as its still the same trade.....only longs.....

Not sure if everyone is still holding 2 positions now..or 3
  • #317
  • Jul 15, 2008 6:23pm Jul 15, 2008 6:23pm
Quoting Richard
Ah... just managed to think it through and find the answer. Have reset SwingMan's indicator to calculate 2 days data and realised that we are at -0.66% not -0.07%. Panic over, sorry for my stupidty
Just goes to show: trade by hand first, then automate. Don't blindly use other peeps' scripts on faith.
You are in a maze of twisty little passages, all alike.
  • #318
  • Jul 15, 2008 6:35pm Jul 15, 2008 6:35pm
hi...

Steve...the peeps script was ok...Richard changed it and just forgot that he did when looking at the numbers.....
  • #319
  • Jul 15, 2008 8:53pm Jul 15, 2008 8:53pm
I'm fixin' to go to bed. I wonder if spieler is up yet. Looks like there's some perkiness in EURCHF starting up.
You are in a maze of twisty little passages, all alike.
  • #320
  • Jul 15, 2008 9:15pm Jul 15, 2008 9:15pm
Hi..


Yeah ...its moving a little but mainly going sideways....

Need a nice push up or could be in those trades for days..
4 traders viewing now