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Hedge trading spieler system derived from futures spread trading

  • #2,041
  • Oct 15, 2008 5:59pm Oct 15, 2008 5:59pm
Hi,

eurchf goes down down down ... and doesn't seem to want to pullback yet, although it's heavily oversold

pretty extreme pricemovement for the middle of the week.

let's see how we can manage the three open trades through to positive.

good thing is we're long, interest positive.


Regards
  • #2,042
  • Oct 15, 2008 11:53pm Oct 15, 2008 11:53pm
Good morning gents,

well, i had up to 4 positions open last night before i saw the first pullback, who came this morning.

It seems that the asian markets are not doing well so it is pushing down.

Watch for the re-entry or the recorrelation...

BD
  • #2,043
  • Edited 6:15am Oct 16, 2008 1:44am | Edited 6:15am
1st short at 1,5325

closed at 1,5242
  • #2,044
  • Oct 16, 2008 1:51am Oct 16, 2008 1:51am
Ok, thanks, I am using the version 2.8.1 which can be downloaded in this thread. I'm attaching it.

Quoting efrainfx
Archie can u post the ea file? Thank you
Attached File(s)
File Type: ex4 SpielersHedge EA_v2.8.1.ex4   44 KB | 650 downloads
File Type: mq4 SpielersHedge EA_v2.8.1.mq4   51 KB | 766 downloads
File Type: mqh SpielersHedge_Library.mqh   13 KB | 1,258 downloads
  • #2,045
  • Oct 16, 2008 2:21am Oct 16, 2008 2:21am
Quoting boeingdriver
Good morning gents,

well, i had up to 4 positions open last night before i saw the first pullback, who came this morning.

It seems that the asian markets are not doing well so it is pushing down.

Watch for the re-entry or the recorrelation...

BD
Looks like re-entry coming . Stocks are going to fall like a rock.
There are no certainties only oppurtunities.
  • #2,046
  • Edited 9:02am Oct 16, 2008 7:00am | Edited 9:02am
another

1st short at 1.5281

closed at 1,5230
  • #2,047
  • Edited 5:04pm Oct 16, 2008 9:29am | Edited 5:04pm
Quoting ashes
1st long 1,5385

2nd long 1,5335

3rd long 1,5285


3rd closed at 1,5325

re 3rd at around 1,5225 ---- missed this entry for about 5 pips
since I missed the re-entry of the 3rd position I will re-enter at 1,5181, if I don't miss it again


3rd re-entered 1,5181

closed at 1,5230

closed 1st and 2nd 1,5306

although 1st and 2nd have been closed with a loss I get out of the trades from 15th october until 16th october with an overall profit. (long and short, hedged the hedge)
  • #2,048
  • Oct 16, 2008 9:39am Oct 16, 2008 9:39am
reading the last pages of the thread I noticed that the foundations of this system still are not very clear...
in practice there are two schools of thought: one says that the reference level for all subsequent moves must be update every new day, the second says that this level remains the same until the complete end of the trade...
n. 1 example:
- 3 days ago closed @ 1.5488 (0.70%)
- 2 days ago closed @ 1.5442 (-0.30%)
- 1 day ago closed @ 1.5230 (-1.37%)
-today eu-ch @ 1.5207 (-0.15% current divergence)
= Total % from 3 days ago to today is -1.12%

n. 2 example:
- 3 days ago closed @ 1.5488 (0.70%)
- 2 days ago closed @ 1.5442 (-30%)
- 1 day ago closed @ 1.5230 (-1.37%)
- today eu- ch @ 1.5207 (-0.15% current div.)
= Total % from 3 days ago to today is -1.81%

I have my opinion about it but I would like someone or Mr Spieler could remove this doubt!!!
regards
  • #2,049
  • Oct 16, 2008 11:28am Oct 16, 2008 11:28am
Quoting Archie
I have written before about the EA. I have tried it now for some time, and it's making several winning trades each day. I really would like to try it in my live account. Can anybody fix the restriction of \\"only demo accounts\\" in version 2.8.1? It would be really appreciated.
Archie,

Have you tried what I proposed in my last post?

Quote
I see these codes in lines 197 til 200 of v2.8.1 version. My guess is that if you remove these lines, It should work on a live account. However, after removing these lines you should test the EA first on your demo account making sure everthing works normaly and nothing dramatic happens!

if (IsDemo() == false) {
Alert(sNameEA + \\". Only demo accounts allowed.\\");
result = false;
}
  • #2,050
  • Oct 16, 2008 12:13pm Oct 16, 2008 12:13pm
Sorry if they are repetitive but I would really solve this problem enable everyone to work correctly, there is still much confusion about this!
I think there is a point still not clear which generates confusion:
Starting building up trade: 0% level for exsample @ 1.5488 (close/open of the day before)...
1) now starting from this level we can obtain all subsequent movements (1.5488*100.25%=+25%/1.5488*99.75%=-25%/1.5488*100.50%=50% etc.)...
I am deliberately avoiding the other factors to take into account to simplify!!!
2) We are on the second day, yesterdy's close @ 1.5442, well this is now our new level 0 for our intraday movements...
At this point I would ask Mr. Spieler or anyone who understood the system to make clear on this point and not get angry: which of the two points is that correct?
I remember once again that I deliberately avoided other important factors to consider!
  • #2,051
  • Oct 16, 2008 12:40pm Oct 16, 2008 12:40pm
Quoting Stake
Sorry if they are repetitive but I would really solve this problem enable everyone to work correctly, there is still much confusion about this!
I think there is a point still not clear which generates confusion:
Starting building up trade: 0% level for exsample @ 1.5488 (close/open of the day before)...
1) now starting from this level we can obtain all subsequent movements (1.5488*100.25%=+25%/1.5488*99.75%=-25%/1.5488*100.50%=50% etc.)...
I am deliberately avoiding the other factors to take into account to simplify!!!
2) We are on the second day, yesterdy's close @ 1.5442, well this is now our new level 0 for our intraday movements...
At this point I would ask Mr. Spieler or anyone who understood the system to make clear on this point and not get angry: which of the two points is that correct?
I remember once again that I deliberately avoided other important factors to consider!
Stake, I'm not sure I understand your question. I think you got it right. But I think this summary of entry points, written by Richard, may help:

"Entries:

For all the +/- 0.25% entries we should always wait for an intraday move of 0.25%, also taking into account the close in relation to the entry point and using always the conserative approach.

For all the +/- 0.50% entries we should always wait for an intraday move of 0.50%, also taking into account the close in relation to the entry point and using always the conserative approach.


For all +/- 1.00% and 2.0% entries we do not wait for an intraday move nor do we take the close into consideration but we simply enter from the last entry point."
  • #2,052
  • Oct 16, 2008 12:43pm Oct 16, 2008 12:43pm
Spieler, I have made two very successful trades today using the system, one short and one long. I think the best thing about trading directly on the EUR/CHF is that you can set up everything automatically and you don't have to spend much time in front of the computer to monitor your trade. I just placed limit orders on the EUR/CHF levels, went for a walk, and when I got home there was a nice profit waiting for me :-)
  • #2,053
  • Oct 16, 2008 1:48pm Oct 16, 2008 1:48pm
Quoting Archie
Ok, thanks, I am using the version 2.8.1 which can be downloaded in this thread. I'm attaching it.
Is there any deviation from the "original" post by speiler, in this EA?
  • #2,054
  • Oct 16, 2008 2:02pm Oct 16, 2008 2:02pm
Archie i just install the ea but is not placing trades
  • #2,055
  • Oct 16, 2008 2:32pm Oct 16, 2008 2:32pm
Hi,

Yes I tried to delete the rows that you mentioned, but I cannot compile the EA to an ex4-file afterwards. It just says that there's an error. I am using version 2.8.1 that can be found in this thread.

Quoting mazdak
Archie,

Have you tried what I proposed in my last post?
  • #2,056
  • Oct 16, 2008 2:33pm Oct 16, 2008 2:33pm
Hi,

I don't really know. It is the original EA that can be found in this thread, and I think it follows the system.

Quoting c0d3
Is there any deviation from the \"original\" post by speiler, in this EA?
  • #2,057
  • Oct 16, 2008 2:37pm Oct 16, 2008 2:37pm
Hi,

Have you tried to fix it so that it can make live trades? It can take some time before the EA makes a trade, perhaps there will be one or more trades per day, so it can take some hours. Don't forget to place an "m" in the suffix setting if you are using a mini account.

Quoting efrainfx
Archie i just install the ea but is not placing trades
  • #2,058
  • Oct 16, 2008 2:43pm Oct 16, 2008 2:43pm
Quoting Archie
Hi,

Have you tried to fix it so that it can make live trades? It can take some time before the EA makes a trade, perhaps there will be one or more trades per day, so it can take some hours. Don't forget to place an \"m\" in the suffix setting if you are using a mini account.
auto_operorders, auto_closeorders, are both of these set to "true" ?
  • #2,059
  • Oct 16, 2008 2:45pm Oct 16, 2008 2:45pm
Quoting efrainfx
Archie i just install the ea but is not placing trades
auto_operorders, auto_closeorders, are they both set to 'true'??
  • #2,060
  • Oct 16, 2008 2:46pm Oct 16, 2008 2:46pm
Yes, they are set to true, and it takes orders on a demo account, but the problem is that you cannot run the EA on a live account. I really would appreciate help to fix that.

Quoting c0d3
auto_operorders, auto_closeorders, are both of these set to \"true\" ?
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