Hedge trading spieler system derived from futures spread trading

Yes , but low and high are very good information to see what happens in a session and we know if we open short or long positions.

The most difficult with an excel spreedsheet is to see when close orders ...

i cannot agree with that imagine you get a dojie what was first the high the low?? signal can be inversed.

And even without a doji you can have several pull back intrady not visible on a end of day candell.
SO you will get an idea but nothing more

Spieler,
I attempted to follow your lead and close out my latest position with a small profit but was suprised to learn that my boker, MGForex, closed the very 1st trade I opened last week because they operate on a FIFO (first in first out) model, which makes it impossible to operate this system. So now I'm off to find a new broker who will let me demo, offers partial lots, and has mobile trading.
Thanks for keeping us updated on your trades.

I am running SpielersHedge EAv_2.4

Is anyone else using it to open and close trades?

What kind of results are you having with it?

Could you explain how you are setting it to keep trades open over more than a one-day period if the trade is still in profit?

Thanks

Spieler,

With EURCHF sitting on support and at -.25, do you see a long here?

Visual one

we come from a low point days ago.
We are in a small trend down today.

I would recommand to wait more before entering a long

Personaly i just cut my first pose of this Position we went back to my entry point.

So this Trade ( by trade i mean the initial position + the 2 others made for working position ) Has been a profitable one of 1% .

Cash is king .
See you tomorrow for a new Trade

Hi Spieler,

Just make sure I'm following you here.

Your first entry:
15801
10276

Your second entry:
15701
10385

Your second exit:
15668 giving you +33 pips
10380 giving you +(5 x 1.6) = +8 pips

Your first exit:
15645 giving you +156 pips
10380 giving you -(104 x 1.6) = -166 pips

So the total pips on this trade was about 31?

For all people that speak spanish an english I will post first in spanish because my english is too bad.

Si alguien puede traducir esto mejor que se lo agradeceria.

Spieler.

He usado los indicadores y los EA que se han publicado en este foro pero he detectado el siguiente problema.
Cuando una vela diaria se cierra y se abre una nueva automaticamente el porcentage de cambio pasa a ser 0% creo que es por esto que las pociciones abiertas en el EA de Swingman se cierran automaticamente con profit positivo o negativo.
quisiera preguntarle a Spieler en ese caso que se hace, se sigue tomando como referencia la vela del dia anterior a la que se abrio la posicion? hasta que de señal de 0% para cerrarla?

I have used the indicators and EA´s published in this thread but I have detect just a problem.
When the daily candle close and the new one is opened the decorelation or diference turn inmediatly to 0%. because it begins to compare with the candle that just closed. so I think this is why the swingman EA´s close the positions with or with out profit.
I want to ask to Spieler in this case what I have to do? I have sume the decorelation to continue with those open positions?

he realizado tambien dos scrips para los que les parezcan utiles. el primero se llama "open hedge" y lo que hace es abrir una pocicion en EURUSD y otra en USDCHF con un radio de 1.5 para USDCHF y con una cantidad de lotes calculada automaticamente para el balance actual de la cuenta.
si la cuenta tiene 10.000USD abre 2 lotes standart en EURUSD y 3 lotes en USDCHF.

el segundo cierra todas las pociciones abiertas. "close all"

I have realized two scripts. "open hedge" open one position in EURUSD and other in USDCHF with 1.5 ratio. and it calculates the amount of lots that it have to open.
example. if the balance is 10.000USD the script open 2 standart lots for EURUSD and 3 standart lots for USDCHF.

"close all" close all open positions.

thanks a lot!

3Just make sure I'm following you here.

Your first entry:
15801
10276

Your second entry:
15701
10385

Your second exit:
15668 giving you +33 pips
10380 giving you +(5 x 1.6) = +8 pips

Your first exit:
15645 giving you +156 pips
10380 giving you -(104 x 1.6) = -166 pips

So the total pips on this trade was about 31?3"

fOR THE FIRST TRADE :
15804 exit 15646 =+158
10275 Exit 10374 = 99=-158,4

so i loose -0,4 sh.....t

second one you are right win 41 pips

BUt you forget my entry ( post 619 i think) where i started on 1 leg and took 7 pip sstraight on usd/chf that is 10 pip smore

So total for that trade have been 50,6 pips. That is correct.

I closed the position not following my rules but the profit was correct and i had the position for 2 days .
Of course i should have to wait for 1 more hour , we went to 162,28 and even now this morning we are at 162,38 but a profit is a profit and sometimes you feel that being cash before going to bed is gonna let you have a good night .

This system can be sometimes difficult to understand because the more you loose the more you are going to win . Not exactly what marketing used to mention when speaking about trading.

I mean if you loose at one moment a lot that means you have entered more than 1 lot and that is th esituation where you are going to cash a lot.
If you have only one lot you are very confortable in you rmind but th eprofit will be small but a profit.

Marcelograne

I know nothing about this ea because has been made by someone else following what i said on the thread but i dont know if everything i said has been put as a parameter.

I dont think you can use an EA for this system because i have to adjust the well balanced position often, balance of last week is not anymore playing his correlation role.

strategy of the day :

Waiting +/- 0,25% or more depending on the speed to enter a position .

We are back to a correct well balanced correlation so i am waiting a little bit of a range before a moove occurs

Easy just have to wait .

Trading can be borring sometimes

hi spiler
i entered yesterday when it was -0.25 at 1.5638 and 1.0391 . i was correct entering at this rate ? and by the way now it is -0.14 . the position should be in profit . right ?? since it is going toward 0 . but it s losing , could you tell me please what did i do wrong .
it should be losing if i go from -0.25 to - 0.35 for example . but here it is the way it should go . so what am i missing here .
regards and thanks

i entered yesterday when it was -0.25 at 1.5638 and 1.0391 . i was correct entering at this rate ?

in theory yes in practical no i was short i am kidding

The long was not good because i said several times to not forget to check previous days before entering a position.
If previous days are in range 0,25 is ok if previous days are trending wait more if you go with the trend because a trend means decorrelation and recorrelation is always supposed to be close.


and by the way now it is -0.14 . the position should be in profit . right ?? since it is going toward 0 . but it s losing , could you tell me please what did i do wrong .
it should be losing if i go from -0.25 to - 0.35 for example . but here it is the way it should go . so what am i missing here .

We are 15697 and 10342

So you loss 59 pips and win 49 that is 78 pips win X by 1,6

So you have a winner not a looser

But you made a mistake by sayinbg it is -0,14% i should winn that is not true at all.

Imagine you enter long when eur/chf is at -0,25% we finish the day at -0,10% so you have a potential winner .
The day after we are at -0,15% so you are flat not winning.
YOu have to take into account yesterday close .
Easier way to track is to note where was eur/chf when you enter

hi spieler
entered at long euro at 1.5638
entered long uc at 1.0391

now it is 1.5696 the euro and uc is 1.0342
it is on dukascopy and it s + 5560 and -7161
so i m losing
regards

hi again
sorry to ask so many question , how can i decide based on ec close , did you explain this in a apost , please point it to me so i read it again , i must have miss it
regards

Spieler,
how exactly do you decide we are back in correlation. I know you mentioned this a few times that you look back on the days and if there was an on-going trend recently. Anything more to it?
Looking at EURCHF and my own spread chart I wouldn't want to go long at this point as I think we are a bit on the top side and the potential to move down is greater.
So how do you decide which way to go is more probable, at what times, and how do you decide what stage of correlation are we in.

Thanks in advance

How do you know that we are now back to a correct well balanced correlation?

Should we be doing some maths calculations based on past days closing % figures or is it just a question of looking back on the chart and using common sense to say we have been in a down trend which was then followed by uptrend correction and now price is back to about the same level we were say 2 weeks ago?

imad just try to note where is eur/chf when you enter and where it is now and you will understand
read again my exemple of a closing day at -0,10 compared to a -25 entry point it is clear you are going to understand

According to me we are back to a balanced position , even if i am ok we look a little bit high, because we have been ranging for 2 days after a down and an up.

Do not focused that much on entry point system is more about working position than fiding perfect point.

So i said -0,25 for a long you can wait 0,35/0,40 if you want
personally , depending on the pace i would enter close to 0,25% if it does not go south fast when in that zone.

spieler,

Thanks for your answer regarding entry point. I am starting to understand now that even if your entry point is not so good if you can manage the position well it is always possiable to externilise enough profit from pullbacks to make the overall position profitable.

One more question please. The advice you gave in your post above regarding lot size to trade for that size account, would you still be ok at this lot size ratio to be able to complete the whole max 5 position entry if needed or are you saying this would only be enough to take 3 rounds?

Thanks and sorry to bombard you with so many questions.