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Hedge trading spieler system derived from futures spread trading

  • #721
  • Jul 27, 2008 11:19pm Jul 27, 2008 11:19pm
When i was spread trading on futures and when i was not behind my pc for whatever reason ( at nights for exemple ) we could settle orders on spread value on j trader or x_trader.
That means per analogy that we could settle an order to cover the 2 legs when eur/chf hit 1,6260 for exemple.
I am sure with MT4 a good programer can do the same?
  • #722
  • Jul 28, 2008 12:35am Jul 28, 2008 12:35am
Quoting spieler
My strategy of the day : waiting +0,25% based on today ( so on sunday 's exit) to get in 1 lot short.
Wait -0,25% based on friday closed ( 162,40 ) to get in long.
Hello, Spieler! Can you please, be more specific about the today strategy? Why do you use different references for your trades? Sunday close for short and Friday close for long? I thought on Mondays we use for references the Fridays close. Maybe you already gave an answer to this, so please excuse me for not finding it.
I'm using SpielerHedge EA_v2.7 and I've entered the value 3 for the variable ShiftDays_Reference.
Thank you anticipated and wish you a good week!
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #723
  • Jul 28, 2008 1:25am Jul 28, 2008 1:25am
Quoting NowAndLater
I'll look into that... But if you can do it with Swingman's indicator, why not use his?
SwingMans divergence indicator is an oscillator which runs in an indicator window. It is very good but I do find yours much easier to use as it is overlaid on the chart.
  • #724
  • Jul 28, 2008 2:39am Jul 28, 2008 2:39am
Cornelius just think about conservative approach and you will find the answer why i dont use same closed day for enter long or short this monday.

In other word if you wait 0,30% instead of 0,25 you will make less trades but safer.
As we are balanced in my opinion but more on the high i would prefer wait a little bit more for a long than for a short.
  • #725
  • Jul 28, 2008 2:52am Jul 28, 2008 2:52am
Quoting spieler
Cornelius just think about conservative approach and you will find the answer why i dont use same closed day for enter long or short this monday.

In other word if you wait 0,30% instead of 0,25 you will make less trades but safer.
As we are balanced in my opinion but more on the high i would prefer wait a little bit more for a long than for a short.
Ok, I understand the concept of the conservative approach, it seems pretty logical. But, if we are in a balanced situation, but more on the high, why not using only the Friday close, and for a level of -0.3% for long, respectively only 0.25% for short? Why use 2 different references?

Btw, the EA gave a short signal at 1.5706 for EUR/USD and 1.0373 for USD/CHF.
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #726
  • Jul 28, 2008 4:33am Jul 28, 2008 4:33am
FWIW, Using 10 day Regression Channel, hrly chart, I will sell hedge at 1.6313 or buy at 1.6267. These values are +.75SD and -.75SD respectively. (1)Std. pos. size at this, the 1st deviation interval, is .1/.15 lots, EUR/USD,USD/CHF. Will TP at 1.6290 in both cases.
Vincit qui se vincit.
  • #727
  • Edited 5:43am Jul 28, 2008 5:05am | Edited 5:43am
Question about post 666: Spieler, in that series of trades you cut your first position (taken at about +0.27, if I recall correctly) when it reached your entry point, instead of waiting for it to go to 0.0. Could you talk a little bit about how and when you decide to cut positions like that?
  • #728
  • Jul 28, 2008 5:45am Jul 28, 2008 5:45am
When i built a position over several days and had 2 winners ( was the case in 666) i usually cut first one even money because i was against the trend.

Not a writen law but usually do that
  • #729
  • Jul 28, 2008 5:50am Jul 28, 2008 5:50am
Quoting spieler
When i built a position over several days and had 2 winners ( was the case in 666) i usually cut first one even money because i was against the trend.

Not a writen law but usually do that

Thanks, that makes sense.
  • #730
  • Jul 28, 2008 6:15am Jul 28, 2008 6:15am
The EA Version 2.7 looks more stable than the previous one which opened/closed orders at almost every tick.
Good job, Swing Man!
Bine lucrat!
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #731
  • Jul 28, 2008 6:16am Jul 28, 2008 6:16am
no decorrelation today so far very borring
  • #732
  • Jul 28, 2008 6:23am Jul 28, 2008 6:23am
Quoting spieler
"


1) What i will do in your case ( always thing about conservatice approach and not aggressive one ( this advice is whatever the system used and will save your a...) wait another 0,25% from today s opening and not your entry point.



My strategy of the day : waiting +0,25% based on today ( so on sunday 's exit) to get in 1 lot short.
Wait -0,25% based on friday closed ( 162,40 ) to get in long.
Spieler,
I was trying to be more conservative on where to add another position as my target is +.25% from my last entry and +.39% for the day. Are you saying that I should wait past -.25% from my entry to -.25% from the close, which would be -.39% from my entry, to take profit on my current short position?
Thanks
  • #733
  • Jul 28, 2008 6:27am Jul 28, 2008 6:27am
Quoting spieler
no decorrelation today so far very borring
Indeed, using for reference the Sunday close, we have no decorrelation, but using the Friday close, we are now at +0.20% with me being in a short trade for both pairs after reaching the +0.25% level.
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #734
  • Jul 28, 2008 6:37am Jul 28, 2008 6:37am
my friday close is 1,6281 what is yours?
and where are you up 0,20 or 25% as i cannot see any decorrelation??????????
  • #735
  • Jul 28, 2008 6:39am Jul 28, 2008 6:39am
i said nothing about your open position just that you missed the gate out
  • #736
  • Jul 28, 2008 6:44am Jul 28, 2008 6:44am
Quoting spieler
i said nothing about your open position just that you missed the gate out
Spieler,
Just trying to make sure I'm on track with your system. Thanks for all of your input and posting your trades, I really appreciate it.
  • #737
  • Jul 28, 2008 6:45am Jul 28, 2008 6:45am
Quoting spieler
my friday close is 1,6281 what is yours?
and where are you up 0,20 or 25% as i cannot see any decorrelation??????????
Here it is!
Attached Image (click to enlarge)
Click to Enlarge Name: euro.jpg Size: 114 KB
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #738
  • Jul 28, 2008 6:55am Jul 28, 2008 6:55am
Quoting Cornelius
Here it is!

Isn't that the Thursday close (or Friday open) you have on that chart as your zero point?
  • #739
  • Jul 28, 2008 7:00am Jul 28, 2008 7:00am
Hi everyone,
Since market is slow today maybe there is room for a question.
Spieler, how long do you think the duration of a correlation pair is like we have now?(How long will it be tradeable?)
And more importantly , what do you think is the cause for it becoming tradeable or not?

Regards,
There are no certainties only oppurtunities.
  • #740
  • Jul 28, 2008 7:02am Jul 28, 2008 7:02am
Quoting pipsalot
Isn't that the Thursday close (or Friday open) you have on that chart as your zero point?

On my platform the Friday close, as I labeled it is 1.6278, so it cannot be Thursday close or Friday open.
A good trade is when I Break Even. A great trade is when I Take Profit.
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