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Zeusjoes Market-Neutral Hedge Strategy

  • #341
  • Jul 18, 2008 12:07am Jul 18, 2008 12:07am
Quoting PistolDave
This "repainting" or changing of the overlay line is the main problem with this system. I really hope we can find some way to overcome it. It would make this much better if you could be sure what you are seeing on the chart is exactly what was there a few days/hours before.
PistolDave, the repainting could be avoided by using a starting time instead of Period_Ratio. Your 205 bars move along with every new bar. If a time could be set, this wouldn't happen. You would only have to change your starting time every now and then. Unfortunately the indicator doesn't give this possibility.
  • #342
  • Edited 6:05am Jul 18, 2008 4:24am | Edited 6:05am
Hi everyone,

I've interested in this strategy yesterday and today I've got nice profit and it works well.
Just a question, is it possible to make sound alarm when oscillator is going near to 0 line, or to set up the value when it should ring.
Then we could set up position and go away from the monitor, and wait for sound alarm when osc will be near 0 to close the position.
Thanks a lot for the previous indicators, they are great.

Sorry for my english.

EDIT:
I'm so impressed, today I've made 66 pips, and two positions still open (now +28pips and waiting for EUR/USD and GBP/USD to cross on 15min TF),

EDIT #2: close another trade for + 40 pips.

I'll be demoing it for the next week, now it looks great.
  • #343
  • Jul 18, 2008 5:07am Jul 18, 2008 5:07am
hi
i have question .
in the trend what hapen?what time must be close positions in lose?
thanks
  • #344
  • Jul 19, 2008 4:49am Jul 19, 2008 4:49am
Quoting magictrader
Hi everyone,

I've interested in this strategy yesterday and today I've got nice profit and it works well.
Just a question, is it possible to make sound alarm when oscillator is going near to 0 line, or to set up the value when it should ring.
Then we could set up position and go away from the monitor, and wait for sound alarm when osc will be near 0 to close the position.
Thanks a lot for the previous indicators, they are great.

Sorry for my english.

EDIT:
I'm so impressed, today I've made 66 pips, and two positions still open (now +28pips and waiting for EUR/USD and GBP/USD to cross on 15min TF),

EDIT #2: close another trade for + 40 pips.

I'll be demoing it for the next week, now it looks great.
It would be also interesting to add a sound alarm when the trading is ok for a currencies pair.

Hope that SwingMan reads our message. He is the only person who can help us. The improvements of this thread are the results of his works. Thank to him!
  • #345
  • Jul 21, 2008 5:33am Jul 21, 2008 5:33am
I'm so so so impressed with this system. Since 17.07.2008 afternoon till todays morning I've made +374 pips
When pairs Hedge Range increasing I've add some position. The maximal drawdown that I saw was about 80 pips with 14 position open (7 L & 7 S).

Swing Man, BIG thanks to you for that indicator!
Is it possible to upgrade it with sound alarm when Hedge Range on oscillator will be at some level?
  • #346
  • Jul 21, 2008 8:41am Jul 21, 2008 8:41am
@magictrader:

Which pairs and timeframes are u using ? I had some succsess last days my self and i´m really happy with this way of trading. I only used 1hr and 4hr so far, but 15min seems to show good setups more often.
  • #347
  • Jul 21, 2008 9:08am Jul 21, 2008 9:08am
I like day trading and I'm using for this strategy M5 TF. I enter trades with minimal range of 25-30 pips on E/U G/U and U/CHF U/J.

Period Ratio set up to 205 like PistolDave.

Now I have L on E/U and S on G/U.
  • #348
  • Jul 21, 2008 9:57am Jul 21, 2008 9:57am
Quoting magictrader
Is it possible to upgrade it with sound alarm when Hedge Range on oscillator will be at some level?
You mean to have in inputs 4 or 6 levels? Please make a few suggestions about the functionality, because to implement the alerts is not a problem.
  • #349
  • Jul 21, 2008 10:25am Jul 21, 2008 10:25am
Quoting SwingMan
You mean to have in inputs 4 or 6 levels? Please make a few suggestions about the functionality, because to implement the alerts is not a problem.
I post image with explanation.
Attached Image (click to enlarge)
Click to Enlarge Name: alarm.GIF Size: 31 KB
  • #350
  • Jul 21, 2008 5:13pm Jul 21, 2008 5:13pm
Quoting SwingMan
You mean to have in inputs 4 or 6 levels? Please make a few suggestions about the functionality, because to implement the alerts is not a problem.
It would be interesting to add a sound alarm when the trading is ok.
Thank for your work!
  • #351
  • Jul 22, 2008 12:35am Jul 22, 2008 12:35am
Quoting PistolDave
Hi Andrie,
I'll try to explain what I consider a "good time" to enter a trade using this strategy and how to limit the risk......................

I know that's not a very exact answer for you, but I can't be too much more specific. This is a totally different method than what I've done before so I'm a learner too.

PD
PistolDave,

I appreicate your commentary regarding your trades and how you make the trade at the "right time"...
Please keep posting regarding your trades... it is very helpful.
Kind regards,

Bruce
  • #352
  • Jul 22, 2008 12:45am Jul 22, 2008 12:45am
Quoting mrkam
Yes, we are trying to come up with a non-repainting indicator... we'll see.

The other thing we are doing is using the real-time indicator values for entry/exit, and testing for performance. The only thing the "past" bars do is allow us to back-check with more accuracy.. and of course it would be great if an indicator bar closed at value = 106, and it STAYED value = 106 through it's life on the indicator, but in reality, if the indicator is accurate in realtime, then it doesn't matter to the trading EA what happens as it ages. That is, if 106 is a good number, and we enter at 100, then we enter. If it goes to zero, and zero is a good number, then we exit. It doesn't matter if the entry bar repaints to 40, or 400 for that matter, we have executed the trade.

Now, whether or not it will be consistently profitable, (or losing) is another matter!! and that is the testing I am looking at. But, it is not easy, still pre-beta with my EA, so I am not getting accurate trades yet on that end...

It all takes time, and nothing to be rushed.
MrKam,

How is your testing coming? I appreicate your insight regarding the way to the adjustments your are finding benifical regarding your trades. Please continue to share what you are finding out.

Please keep posting regarding your testing... it is very helpful.
Kind regards,

Bruce
  • #353
  • Jul 22, 2008 8:12am Jul 22, 2008 8:12am
Nice trades today, I also try to add cross pair (EUR/GBP) and it add some profit but not so big as Buy EU and Sell GU.

And with 45 pips in profit.
Attached Image (click to enlarge)
Click to Enlarge Name: today.JPG Size: 163 KB
  • #354
  • Jul 22, 2008 8:58am Jul 22, 2008 8:58am
Hi Bruce, and thanks.

Great to see success examples! Nice applications, all of them.

My efforts have been in two areas:
1. Modify the indicator to stop re-painting. My programmer (who is REALLY good), can't figure a way to do it... not to say it can't be done, we just can't do it. But all that means is that we can't "trust" the past bars, which only comes into play in back-checking.

So the real question is does the REALTIME bar data provide consistent entry and exit points. Clearly, it does in the examples above, but is it consistent. I think it will be. Time will tell.

2. An EA for all of this. It has been slow going, and buggy, but just yesterday I got a new version and am testing. I have been quiet on this, as I won't be able to give it away for free, having over $300 invested in it, and am not sure what I am going to do.

At least, we can discusss and help one another!!

I have been trading mainly the 1 hr, but the time frame just affects how the indicator "looks", and since we don't really care about past bars, chart timeframe only affects the current value of the indicator. Our two prices, in real time, don't care how the past data is collected and represented. They are "x" pips apart, regardless of the chart!! But one can trade what he/she likes to see, and "shows" us good and consistent entry/exit points.

All part of developing the concept!
  • #355
  • Jul 22, 2008 6:54pm Jul 22, 2008 6:54pm
OK... we might be getting somewhere here... on the screenshot below, note a few things:

1. 5m scalp, for a 9p profit, AFTER spreads, not bad.
2. The indicator repainted after the entry, making it look like a better trade than it was....
3. But (per earlier) it doesn't matter, as we are not looking at the indicator for PAST results, but merely for entry/exit conditions.
4. One trade. Big Deal. But the math may just very well be consistent. And if so, we might have something....

Just for your consideration.....
Attached Image (click to enlarge)
Click to Enlarge Name: SynchMaster_7_22_scalp.gif Size: 40 KB
  • #356
  • Jul 22, 2008 10:10pm Jul 22, 2008 10:10pm
Hi!

I just had another repainting problem with EU/UC. Entered when range was 62 short/short on July 21. Range is back to zero know and I´m in profit like 4 pips or something. Also the indicator repainted and now my entry-candle had a hedgerange of only 10 instead of 62. This Repainting seems to matter , because at the entry i had range 62 and know I have 0.8 with a poor profit of 4 pips. I don´t understand the differences but it still seems to work best on EU/GU.
  • #357
  • Jul 22, 2008 11:43pm Jul 22, 2008 11:43pm
Mrkam,

Maybe we can consider what fewhills says in #341:

"PistolDave, the repainting could be avoided by using a starting time instead of Period_Ratio. Your 205 bars move along with every new bar. If a time could be set, this wouldn't happen. You would only have to change your starting time every now and then. Unfortunately the indicator doesn't give this possibility."

I'm thinking that if you can create an EA that uses the osc_v1 (the one where you have to re-set the start date) and have it re-set it for you automatically then that might solve the problem. It's something to consider.

What do you think?

PD
  • #358
  • Jul 23, 2008 1:27am Jul 23, 2008 1:27am
Please replace and test the indicators. I replaced the parameter "correlated" with "mirroring", like in the first versions...
Alert is in v3.4 implemented.
.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdeurusd_nh.gif Size: 19 KB
Attached File(s)
File Type: ex4 NeutralHedge osc_v3.4.ex4   23 KB | 1,291 downloads
File Type: ex4 NeutralHedge osc_v4.4.ex4   17 KB | 1,560 downloads
File Type: ex4 NeutralHedge Overlay_v4.ex4   11 KB | 1,413 downloads
  • #359
  • Jul 23, 2008 11:45am Jul 23, 2008 11:45am
Thank you SwingMan for alarms upgrade, I'll test it in next days.

Now we've got interesting situation because of strong trend on EUR/GBP, let's see how it will end.
Attached Image (click to enlarge)
Click to Enlarge Name: EU_GU1.JPG Size: 176 KB
  • #360
  • Jul 23, 2008 1:08pm Jul 23, 2008 1:08pm
Yes!! This may just be one of those "resetting" times where the correlation goes wacko for a bit, then re-settles into more of that "pendulum" pattern we we are trying to take advantage of.

Even then, there is a give and take between the two pairs, still offering opportunity, if we can identify and manage....

very interesting stuff....

and just as a note, v3.4 still repaints, but the multi-level alarms might be nice!!
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