Hedge trading spieler system derived from futures spread trading

The software says buy 1 EURUSD lot for every 1.18 USDCHF lot-

Is this accurate does anyone know?

Thanks, in advance- that would explain a lot--

Lots ratio is now 1/1.3 standard, or 0.10/0.13...

we need to divide EURUSD/USDCHF to work with a neutral position,

you can not get a perfect ratio, but this is not so important so it is sufficient to make closing EurUsd... EURUSD closed at 1.34_

Closed both long positions in profit.

The way I understand the system setups aren't that important because if it goes the wrong way you just add another position at the intervals posted earlier. The overall trade can positive even if the eur/chf doesn't get back to your original entry because you'd be opening and closing profitable positions.

Taking into account that now the volatility is more than double the historical volatility and referring to our table I propose these two tables that take into account the volatility and I would like to have your opinion on which of the two tables seems more correct:

1_
lot 1 -0.50( or +0.50 of course) – Exit half at 0.00, other half close to +0.50
lot 2 -0.50 – Exit on 0.25 pb/ re-enter at -1.00 from previous exit
lot 3 -0.50 – Exit on 0.25 pb/ re-enter at -1.00 from previous exit
lot 4 -1.00 exit 0.25 pull back (pb) - re-enter at -1.00 from previous exit
Note: If first 4 entries in and no pullback then delay lot 5 until -2.00 not -1.00 Exit on -0.50 not -0.25 and re-enter on -2.00 from previous exit
lot 5 -1.00 exit 0.25pb – re-enter at -1.00 from previous exit
lot 6 -2 exit 0.50 pb – re-enter at -2.00 from previous exit
lot 7 -2 exit 0.50 pb – re-enter at -2.00 from previous exit
lot 8 -4 exit 1 pb – re-enter at -4.00 from previous exit
lot 9 -4 exit 1 pb – re-enter at -4.00 from previous exit
lot10 -6% double lots exit 2pb -– No re-entry, just hold until pb

2_
lot 1 -0.50( or +0.50 of course) – Exit half at 0.00, other half close to +0.50
lot 2 -0.50 – Exit on 0.50 pb/ re-enter at -1.00 from previous exit
lot 3 -0.50 – Exit on 0.50 pb/ re-enter at -1.00 from previous exit
lot 4 -1.00 exit 0.50 pull back (pb) - re-enter at -1.00 from previous exit
Note: If first 4 entries in and no pullback then delay lot 5 until -2.00 not -1.00 Exit on -1.00 not -0.50 and re-enter on -2.00 from previous exit
lot 5 -1.00 exit 0.50 pb – re-enter at -1.00 from previous exit
lot 6 -2 exit 1.00 pb – re-enter at -2.00 from previous exit
lot 7 -2 exit 1.00 pb – re-enter at -2.00 from previous exit
lot 8 -4 exit 2 pb – re-enter at -4.00 from previous exit
lot 9 -4 exit 2 pb – re-enter at -4.00 from previous exit
lot10 -6% double lots exit 4 pb -– No re-entry, just hold until pb

Ashes, Mackus, Pipsalot, Big1Red9, etc... and of course Spieler,

I invite all of you to give your opinion!

thanks, Stake...

Hi Stake,

May I ask what were your math assumptions in terms of vols for redoing the table?

Thanks,

Lenoxer

We are talking about the volatility on the pair EurChf that requires us to slow down our steps!!!

I think Lenoxer is looking for some data to demostrate the change in volatility. Not sure if this is what is in question but I did find some data.
Here is some data from mataf.net, they have a volatility calculator there but I have no idea how accurate it is. The table on the left is the hourly volatility for the last 24 hours, the table on the right is the daily volatility for the last 365 days.

Hourly volatility for last 999 hours (maximum number of periods available in calculator)

Hi Guys,

I have been a long time lurker in and out of this thread.

Cant remember, what lot sizes do we use per £10000 of equity??

Was there ever a standard amount like this as part of the MM?

Thanks for your help

Cheers

There are many ways to measure volatility, you can use the Bollinger Bands, or even simpler the indicator ATR, just attach this indicator on the daily chart EURCHF, you can add levels if you prefer and to control the historical volatility just check the previous values...

Hi Mackus,

I'm not seeing some of your vol tables on your just previous posts. And, yes, thanks, I'm looking for the math basis of Stake's changing the table values---something, in short, that is standardizable. I don't doubt this is a good and warranted idea, Stake, I just want to know how you figured it.

Thanks,

Lenoxer

I do not trade this method but respect it. Out of respect to Spieler, any changes should come from discussion with him and his signing off on it. Having said that... I do not understand the concern with trading more. To me that provides a smoother equity profile. I would love for the market to be stuck at 1.5000 and 1.5010 with my profit target 10 pips. It would be like a pinball machine racking up points. You do need to have the cash.

BR

Well, I could suggest you a number of sites of technical analysis, all more or less valid, but this is information that we already have or can have!

Said this, mataf.net is a very well done site that contains many useful tools...
Lenoxer, the two tables that I have posted are nothing more than an adjustment due to volatility, I just slowed down our steps toward a conservative approach due to the
unpredictable price hike!

as you can see the tables are two which differ with respect to outsourcing on pullback, this part is left to our discretionour that depend on our money management and on our own risk/reward ratio...

I'm just trying to give my contribution and I have already applied for approval by Mr. Spieler, also own Mr. spieler has repeatedly told to pay attention to the volatility and to delay the entries if it is very high...

regarding the availability of cash, I personally trade with a substantial balance, but not everyone has this option so I took the liberty to suggest a more conservative approach...

this was my intention, I hope not to have created confusion!!!

Stake,

I am sorry. By posting a quick reply (I was trading), I was not at all clear.

Yes you have asked Spieler for his input.
Yes Spieler has said in the past to increase the percentages.

When I brought up cash, I was referring to my comments on smaller profit targets. It is those that need more cash.

When bringing up being signed off by Spieler, it was meant as a general comment to all. I have seen a lot of threads on this forum die because the creator gets frustrated with the members trying to change something in a way that upsets the person whom shared it.

Next time I will keep my mouth shut until I have time!

Again....sorry.
BR

Hi!
Here is my contribution for a simple EA based on Spieler idea.
Unfortunalty, it only opens positions on EURCHF and not EURUSD/USDCHF, so it does not implement the "2 legs" concept. (Is it possible to open positions on multiple pairs with mq4 ?)

However, you can test it, play with it and modify it as you want.
Comments and backtests are welcome !

Fred

Lenoxer,
Here are the 3 tables I posted earlier as attachments. Hopefully this works better.

Oh Good... we wont see you untill next December then...
I guess that will suit everybody...LoL

I have seen Spieler's writing style numerous times, it goes like this: "just go long when rate is down a certain percentage, and watch it go back up and get out at 30%. Simple!"

And their explanations are not any better, they just never seem to be able to communicate in a manner that people can understand. This makes them appear to be much smarter than others, like they can understand things others can't.

Clarity is extremely important when trying to teach people things. Hopefully someone can come along and take what Spieler is saying and clarify it so as to make it understandable. People who cannot communicate clearly are no more intelligent than anyone else, so don't feel bad if you just aren't getting what Spierler is saying. The problem is not you, it is in how the material is being communicated.